Thursday, July 21, 2011

President Barack Obama gave quite a performance at last Friday's news conference

President Barack Obama gave quite a performance at last Friday's news conference.
He blamed everyone else for the debt-ceiling crisis—including, of course, his predecessor. He even trashed the Democratic Congress, saying it "has run up the credit card," though it was just doing his bidding the last two years. He's yet to offer his own plan in writing but demanded that Congress needed in "the next 24 to 36 hours to . . . show me a plan . . . for deficit and debt reduction."
The president said "the least attractive option" to resolve the crisis was raising the debt ceiling without "any progress on deficit and debt." Yet a "clean debt-ceiling vote" is precisely what the president and his people had advocated for months, starting last January.
Mr. Obama also claimed that a "clear majority" of Republicans and "80 percent" of voters want "balanced" deficit reduction that includes higher taxes and spending cuts. But a July 10 Gallup Poll, for example, found that fewer than one in three people surveyed support reducing the deficit "equally with spending cuts and tax increases."
Americans do hold complicated opinions about the debt-ceiling controversy. A Washington Post/Pew Research Poll on July 7-10 found that 78% were concerned "that raising the debt ceiling would lead to higher government spending and make the national debt bigger." Yet 74% expressed concern "that not raising the debt ceiling would force the government into default and hurt the nation's economy." Anxiety about hurting the economy has been rising since late May, while concerns about higher spending have been flat.

Friday, July 15, 2011

Income Inequality

Income Inequality
(Where has all the Money gone!)
In the 1930’s Franklin Delano Roosevelt initiated the,”New deal” and established a way to socialism in America with his emphasis on big government.  The country was in depression, the economy a shambles and unemployment running a muck.  Roosevelt attempted to spend his way out.  His “New Deal” consisted of government jobs, most were menial, such as street sweepers and low paying road workers.  These jobs were better known as the WPA, (Works progress Administration). (American-Music and Mammoties)  (Infoplease)

In this same time the Social security Administration was born.  Later in 1936 unemployment insurance was born. The national debt as a percent of GDP, (Gross Domestic Product) began to grow from a 1920’s of just a few percentage points, to 20% by 1935 and up to nearly 40% by 1940,  All this prior to the start of world War Two. (Forecast Chart.com)  The controls of the economy by the government grew rapidly during this period of time, and much like today it was all deemed an emergency. 

Social security, unemployment compensation, Medicare/medicate are all programs today the average American cannot do without.  Things like caring for the elderly may not have been a bad idea, it was however a bad idea to let the government handle it.  With the government in charge of a program, there will only be a negative effect on supply and demand.  The government does not make profit and therefore only derives its monies from the people, through taxes.  When this happens there is no personal drive to do better, there is no competition to allow for prices to find equilibrium.  The cost will always sore and the government will always grow in order to maintain a control over those programs. 

It is my opinion that the free market is and will always be the best driving force for a healthy economy.  There are needs for the government to step in and regulate, to obligate people for a better future.  Social security in the hands of a regulated private industry will make money and will be more beneficial to the American citizen.  Unemployment where the worker, who chooses along with the employer are putting money away for that rainy day through a private company would be far better for that employee that has been laid off.

It is reported that the Government owes 14.3 Trillion dollars to the following.  To itself, 4.6 Trillion mostly borrowed money from social security.  What happens when say a union takes money from a pension plan, Duh they go to jail!  The remaining 9.7 trillion is borrowed from treasury securities, banks, pension funds, individual investors, and foreign governments.  Nearly half is held by those foreign governments, mainly China 1.15 Trillion, Japan 947 billion and so on. (The associated Press, Washington July 2011)

We as a nation need to stop this now.  It is too late to stop the entitlement we now have, but cutting them back is necessary.  Ryan’s plan sounds dramatic and maybe a little dangerous, but why won’t the Democrats take it and try to amend it rather than just saying old people will be thrown from the cliffs to their deaths!   

Young people need to realize that when social security was established, people only lived to 61 years old. (Mostert)  Today that same 65, recently raised to 66 retirement age is in existence even though the average American is living to be 78.2 years old. (Stein)  If we go by the 1936 concerns, the present retirement age would be 82.  If you raise the retirement age to 75, a person today in their 40’s will probably live to be 85. 
Social security was never meant to be a person’s main retirement fund, but rather a supplement to an American taking responsibility to their own well being at that age.  In fact according to (Mostart,) the original retirement age was set at 65 to get old people to leave their jobs and allow younger ones to work.   

What's your opinion?     

Works Cited

American-Music and Mammoties. March 2010. 25 January 2011 <http://www.americana-music-and-memories.com/roosevelts-new-deal.html>.
Forecast Chart.com. 2008. 25 January 2011 <http://www.forecast-chart.com/forecast-national-debt.html>.
Infoplease. 2007. 15 July 2011 <http://www.infoplease.com/ce6/history/A0835397.html>.
Mostert, Mary. RenewAmerica. 04 Feb 2005. 15 July 2011 <http://www.renewamerica.com/columns/mostert/050204>.
Stein, Rob. Washington Post national. 16 March 2011. 15 July 2011 <http://www.washingtonpost.com/blogs/the-checkup/post/death-rate-down-life-expectancy-up-in-us/2011/03/15/AB4UYlY_blog.html>.

 

Wednesday, June 15, 2011

The truth about guns in Merxico

House Panel Slams 'Fast and Furious' Gun Operation Tied to Border Agent's Death

Published June 15, 2011
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A U.S. law enforcement operation intended to crack down on major weapons traffickers on the Southwest border spiraled out of control as federal agents were told by superiors to "stand down" and ignore weapons bought in Arizona headed for Mexico, a House panel heard Wednesday.
Three federal firearms investigators told the House Oversight and Government Reform committee that they wanted to "intervene and interdict" loads of guns, but were repeatedly ordered to step aside.
"Allowing loads of weapons that we knew to be destined for criminals -- this was the plan," John Dodson, a Bureau of Alcohol, Tobacco, Firearms and Explosives agent, testified to the panel. "It was so mandated."
He added: "My supervisors directed me and my colleagues not to make any stop or arrest, but rather, to keep the straw purchaser under surveillance while allowing the guns to walk."
ATF agent Olindo James Casa said that "on several occasions I personally requested to interdict or seize firearms, but I was always ordered to stand down and not to seize the firearms."
Rep. Darrell Issa, chairman of the panel, has spearheaded the congressional investigation into the ATF's "Operation Fast and Furious." He said the hopes of scoring a knockout blow against the Mexican cartels badly misfired, and then continued over the objections of federal agents.
The program came to a crashing halt in January with the death of U.S. Border Patrol Agent Brian Terry. Two guns purchased under ATF surveillance were found near Terry's corpse, but it is unknown whether they were used in his death.
Peter Forcelli, an ATF supervisory special agent who testified at the hearing, told Fox News that tracking the bullet and gun that killed him depended on the evidence. A projectile recovered from the corpse can be matched with a murder weapon, he said.
"But with a rifle, the possibility exists that the round would penetrate the body and body armor and possibly never be recovered," he said. "And if that happens, you can't show that weapon was utilized in the homicide because you are missing that piece of ballistic evidence. That's where you would rely on witnesses or other types physical evidence found at the scene."
Members of Terry's family appeared before the committee Wednesday, asking how it happened and what will be done to ensure it doesn't happen again.
"We hope that all individuals involved in Brian's murder, and those that played a role in putting the assault weapons in their hands are found and prosecuted to the full extent of the law," said Robert Heyer, a cousin of Terry.
Sen. Charles Grassley, R-Iowa, said accountability is needed and the only question is how high does it go.
"The president said he didn't authorize it, and that the attorney general didn't authorize it. They have both admitted that quote unquote a serious mistake may have been made," he said. "There are a lot of questions and a lot of investigating to do, but one thing has become clear already -- this was no mistake."
Assistant Attorney General Ronald Weich said that an investigation and prosecution continues into Terry's shooting death, which has led to the indictment of at least one suspect who is in federal custody.
"Operation Fast and Furious is a criminal investigation—led by U.S. Attorney’s Office prosecutors and ATF agents—aimed at dismantling a significant transnational gun-trafficking enterprise and the network of those who support the enterprise’s criminal efforts, an investigation which has led already to the indictment of 20 defendants," he said.
Issa's hearing came one day after his panel released a draft report concluding the busted operation was a deadly strategy that left a trail of blood and bodies throughout the Southwest. The report concluded that a reckless and irresponsible chain of command ignored repeated warnings the plan would fail.
"You've got people who are dead, you have weapons that are missing and you have an administration that doesn't seem to want to take any accountability for it," said Rep. Jason Chaffetz, R-Utah, and a member of the panel. "There is absolutely no justification, no justification for this. There are people that are going to have to be held accountable."
Findings from the preliminary report include:
-- Agents expected to interdict weapons, yet were told to stand down and “just surveil.” Agents therefore did not act. They watched straw purchasers buy hundreds of weapons illegally and transfer those weapons to unknown third parties and stash houses.
-- ATF agents complained about the strategy of allowing guns to walk in Operation Fast and Furious. Leadership ignored their concerns. Instead, supervisors told the agents to “get with the program” because senior ATF officials had sanctioned the operation.
-- Agents knew that given the large numbers of weapons being trafficked to Mexico, tragic results were a near certainty.
-- Operation Fast and Furious contributed to the increasing violence and deaths in Mexico. This result was regarded with "giddy" optimism by ATF supervisors hoping that guns recovered at crime scenes in Mexico would provide the nexus to straw purchasers in Phoenix.
That last finding is sure to anger Mexico, which has so far been muted in its criticism. In a March 2010 memo, ATF says it allowed gun smugglers to buy 359 guns while 958 people died in Mexico the same month. Internally, the agency was "trumpeting up the violence that was occurring as a result of an ATF sanctioned program."


Sunday, May 22, 2011

Herman Cain for President

The Case for Herman Cain for President -- Solving for X




I graduated from Morehouse College with a degree in mathematics in 1967. Back then, we didn’t use fancy calculators to solve problems. Instead, we utilized formulas to “solve for x.”
The same holds true in life. Throughout my own, “solving for x” meant learning how to nurture a family, how to navigate the corporate world during unfavorable times and how to deliver results. In delivering these results, I have always maintained a sense of humanity while achieving bottom lines and profitability. It stems from my humble beginnings, upbringing and spiritual compass.
I grew up in a three-room house during the height of segregation. My father worked three jobs-- as a barber, janitor and chauffer—and my mother was a domestic worker. They toiled tirelessly to provide for my brother and me in hopes of giving us a better life than what they ever knew. And they did.
After I graduated from Morehouse College, my wife and I moved to West Lafayette, Indiana, where I earned my Master’s degree from Purdue University in 1971. Though my coursework was rigorous, I also worked full-time for the Department of the Navy, helping to develop ballistics and fire control systems for America’s military. It was here I learned that each person should contribute whatever he or she is able to defend this great country.
After six rewarding years in the Department of the Navy, I began to blaze my trail in the corporate world. Here, I formulated my “common sense solutions” strategies that helped to “solve for x” in the various problems of corporate America. I took these “common sense solutions” to Coca-Cola, Pillsbury, Burger King, Godfather’s Pizza and the National Restaurant Association. They even worked during my tenure as the chairman of the Federal Reserve Bank of Kansas City.
Later in life, “solving for x” meant finding a way to survive stage 4 cancer of the liver and colon. Sustained by an unmovable faith and the love of family and friends, I am now five years cancer free.
Over the course of the last year and a half, I have crisscrossed the country and shared my vision for America. More importantly, I have listened to the concerns of folks all across this land -- from the farmer in Iowa to the retiree in Florida to the student in South Carolina. Throughout my needs assessment tour, I have learned that America faces significant challenges and we are right to demand a return on our investment. We see ourselves as putting so much in, and getting so little out—in the form of widespread joblessness, runaway debt, skyrocketed energy prices and an unclear foreign policy agenda.
But, we remain undaunted. Americans know that “solving for x” simply means using the right formula. What’s that formula, you might ask? Working on the right problems. Asking the right questions. Removing barriers to success. Surrounding yourself with the right people.
This is my “common sense” approach to real leadership. This approach is coupled with a steadfast belief that politics should never compromise principles. And my principles are rooted in the Constitutional guarantees of limited government and individual freedom.
I believe in a strong military and clear foreign policy that ensures the safety of our country. I believe in lower taxes, less regulation and private sector job creation that ensures the economic stability of our country. And I believe in the moral foundation upon which this nation was based and continues to make Her strong, independent and free.
In the end, it will be up to the American people. They will decide if my “common sense solutions” make up the proper formula to “solve for x.”



This is Herman Cain