Thursday, September 25, 2008

ECONOMIC DEJA VU

I was very close to both sets of grandparents and we discussed a lot of thinks.  One topic that came up quite frequently was money and the depression.  I bring that up cause they say if you do not learn from history you will re-live it.  I am afraid that is going to happen but not for the reasons you might think.  

There is only so long you can live in a false economy created by wants and not needs.  Sooner or later the bottom has to drop out and nothing is there to support you.    Credit cards, ads for products or loans with NO credit checks, and loans made to people whom were not qualified for any type of loan have helped create this false economy.  Just like the bubble created during the .com of the late 90's, the .com's stocks were over priced and now the housing market has been over inflated for awhile now due to the increase in home buyers.  People are using their credit cards, which I think should be illegal, buying homes with someone else's money they will not be able to repay, and basically living beyond their means.

The consumer is not all to blame cause the financial institutions make it sound so glamorous to have borrowed money for a desired lifestyle.  Just look at the latest trend of reverse mortgages.  These should be illegal.  The greedy financial institutions are trying to take advantage of the elderly to further their portfolios.  Then they can bundle the great, good, and bad notes together and sell them off.

The financial institutions want us, the tax payer, to pay for their greed.  Ask yourself when was the last time you were having financial issues that the government helped you out.  If they would have suspended your taxes, would you have more money to spend?  If you didn't have false income like credit cards, would you have more money?  If you knew you were going down financially would you change your ways so you would not go under?  I know we did in our family and three years before the issue arose we were debt free. 

Now the government wants to bailout these financial institutions WITH OUR TAX DOLLARS.  Ladies and gentlemen when the government buys private or invests in the private sector you are leaning towards a socialist economy.  WAIT we are all ready there since the government has taken over Fannie Mae and Freddie Mac.  If you ask the same questions for our economy as you did for your family in the previous paragraph, you will understand some of my thought process.  

A bailout does not fix the economic issue.   Remember the 300 million earlier this year was supposed to save the economy.  That worked well didn't it.  The way you save the economy is to eliminate the death, marriage, and capital gains taxes NOW.  This will increase the consumer spending, helping increase consumer confidence and there by saving the economy.  These companies we are thinking about spending $700 BILLION to save should have all upper management resign and forfeit their HUGH GREEDY salaries, the two ranking members of the congressional bank committees, Chris Dodd and Barney Frank, should have to resign, and lastly stop the false economy practices.

So, if the government would not bail you, your company, or your family out, why should they bail out the other businesses.  I am currently reading The Reagan Diaries.  His thought practice about taxes, the economy and I can not wait to read his thoughts about the savings and loan issues.  He did state the more taxes you raise the more money you spend.  That is true for government and the private sector.  Quit relying on the false economy, let us spend more of our money, and all of use need to live below our means.

Sunday, September 14, 2008

WHEN I AM WRONG I AM STILL RIGHT

Ok, so I was wrong on the employment but I was not wrong on the other issues.  Now that is out of the way, let's talk about patriotism.  9/11 is behind us but still the liberals want to complain about an unjust war.  First of all is there ever a just war?  However, President Bush made the right choice in going into Afghanistan and then Iraq.  

I have a long-time friend whom is an Iraq Christan that has told me horrible stories about how the people were treated.  I met him during the late 90s and became great friends.  He told me it was not always this bad but Sadam started going mad when they invaded Kuwait.  He told me about the rape rooms, pulling fingernails from his victims, throwing his opponents from the buildings, waiting till people passed through a central area and then cutting off limbs, mutilating or hurting his opponents as an example to his opponents.  I always thought the liberals carried about humanity.  Obviously, when it suits their political needs.  

The liberals complained the CIA documents about the African and Iraq connections and yellow uranium.  Recently, I came across an article titled, German on Trial for Role in Global Nuclear Mafia.  The article describes how a German Scientist worked with the global nuclear mafia led by discredited Pakistani scientist Abdul Qadeer Khan to supply Libya, Iran and North Korea with nuclear supplies and the technology.  Guess where they were getting their yellow uranium.  You got it, AFRICA.  This is why Gadhafi disclosed and dismantled their nuclear operations.

If Lerch, the German scientist, was working with the access of evil why would they not be working with Iraq.  Should we take them at their word they were not selling information and technology to Sadam.  I guess so and I guess we should have taken Bill Clinton's word he did not have relations with an intern.  

After all this the liberals continue to say it is an unjust war and we did not have a reason to go into war.  We are not liberating and giving freedom to both Iraq and Afghanistan.  Remember the humanity issue was not important cause it does not feed their left wing agenda and friends.  Every time the liberals say it is not a just war they are spitting on our armed forces who are giving others freedom.  They say they are not talking about the armed forces but you can not have your cake and eat it too.  This YouTube says it better than I could ever state it.  Take the time to watch and listen to Dear Mr. Obama below. Be safe and be proactive and God Bless.  Let me know what you think.

IT'S NOT THE ECONOMY

Everyone is stating the election will be determined by the economy. I see it a little different. I think the main issue will shift back to national security. Unemployment claims are down, as of this post the price per barrel is down to $100 a barrel, and business is picking up for small business.

More people are working which means more money spent causing employers to hire employees which goes to more people are spending more money. Do you see the circle this creates? This is the cycle our small business is going through. Business is the best it has been in the seven years we have been in business. We are currently looking into hiring 2 - 3 employees and buying service vehicles for them. It is the same with fuel costs. Lower prices mean more driving, traveling and less fuel charges. Therefore you are spending more money and not only in your local community.

The economy is turning around but national and world security is still the same. Even though the media is not reporting all the successes in Iraq, like turning over the most violent providence over to the Iraqis, there are still issues with the Russians invading Georgia, Afghanistan is seeing an increase in fighting, and let us not forget the political change over in Pakistan. These are major issues which will start to effect politics.

The Obama campaign has stated people can not make their credit cards payments, home mortgage, buy groceries, and pay for higher utilities. These are all personal choices. If you can not make the credit card payments then cut up the credit cards. If you can not make your house payment, downsize or work with your mortgage company to get back on track. They do not want the mortgage to default. When you make these behavioral and financial changes, you will have more money for soon to be falling utilities, groceries and all other essentials. It is not the governments responsibilities to save you from your personal decisions. IT IS YOUR RESPONSIBILITY TO TAKE RESPONSIBILITY FOR YOUR ACTIONS.

So, there are just a few reasons it will not be the economy. The elections will be about national security and the threats the Obama campaign does not want to address.