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On life support…but is it intentional?

If you would compare our current economic crisis to that of a patient in the hospital, I would characterize it as being on life support, while at the same time the doctor is blood-letting the patient. I think the biggest mistake this government made was bailing out anyone. Period. We need to let the market work; however, the administration and Congress in their infinite ‘wisdom’ decided to allow our Treasury Secretary to prick the American people’s pockets and let all the money run out. Welcome to the Weimar, everybody!

We are bailing out companies left and right. And what is even scarier is that the government is now taking stakes in all of these companies, banks, etc. This is called nationalism, and we are getting dangerously close to fascism. Think about it. We have all of these companies receiving federal money in exchange for stakes in them. And we will soon have a President in office that sees no problem in socialistic view points and centralizing government control over industries (the Big 3 Automakers). Not to mention the very, very liberal Congress that also has no problem having power over industry. We are marching towards fascism.

I think the America as we once knew it is gone. We are on a very slippery slope. If enough people don’t wake up, I fear we will slip off into something America has never seen on its shores. But it leaves me with the question of how did we get here? Was this intentional? (Think the SPP but on a bigger scale.) Common sense would dictate that you don’t pile on more debt to get yourself out of debt. It just doesn’t make sense. I understand the whole practice of ‘spending money to make money’; however, this isn’t money we have. We have printed close to $2 trillion in recent months. And now we don’t even know the total count because they’ve stopped providing information. Our government is not being honest with us. I know, I know that’s not a real big shocker. The biggest shocker is that these people forget that they work for US.

Our credit standing in the world is dwindling. We have calls from PM Brown in the UK and France’s Sarkozy for a ‘one world society.’ And our 44th President has already called himself ‘a citizen of the world.’ Not to mention the fact that he worked on school foundations that promoted the UN and Marxism. One central government? One world government? All of the pieces seem to be snapping together coherently. Will America lose its sovereignty completely? We must stay vigilant…

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An opportunity for a Conservative Coalition of REAL CONSERVATIVES

Okay. So last night a Republican lost the presidential election. But as many of us know Senator McCain was not a true conservative. Now is the time for conservatism to take back the Republican party and run true to conservative values. We can’t sway whichever way the wind blows us. We need to stand firm with conservative values.

We need to dismiss some of the republican intelligencia in the media and the republican elites that pushed forth McCain as our candidate. On the platform for the Republican party should be limited government, adherence to our Constitution, low taxes, strong defense, strong border security, independent energy sources (drilling, natural gas, nuclear, coal), pro-life (left up to states), pro-Free Market, tort-reform to decrease medical care costs, state control of education, and cut spending on programs. What we need is a conservative coalition that isn’t made up of ‘country-club republicans’, but instead, of WE the ordinary people who value their freedom, the Constitution, and the ability to live their lives with the least amount of government interference. We can assemble around our Constitution and make sure that our leadership adheres to it. It is the opportunity that is laid before us. Are we going to take it?

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Come what may

Early this morning, as I drove my usual route to work, I took notice of my polling place – it was overflowing. It was full of citizens exercising their right to speak on who they would like to lead their country. I couldn’t help but swell with pride for my fellow citizens and their willingness to make their voices heard. But as I continued down the road, I couldn’t help but think, ‘could this be the last time we hold elections?’ I know it may sound far fetched; but truly if we consider how governments have fallen in the past, all we need do is look at how one charismatic leader gained power and then later silenced dissention. I’m not saying that is what is going to happen, but I feel that our Constitution is in danger and that is the very document that is supposed to protect us from an overreaching government. I hear some people say, ‘what’s wrong with socialism?’ Really, are you kidding me? I would only have to say, ‘Okay. So, why do so many Cubans risk sailing to the US on makeshift rafts in shark infested waters? Are they testing their nautical abilities? I think not. Why did so many Russians risk their lives to defect and come into freedom? Did they really want to pole-vault a brick wall? No, I don’t think so.’ Socialism is only the beginning to something bigger and meaner, especially when there is absolute power given to one party. Our Founding Fathers warned us so long ago to avoid despotism.

I too went and cast my vote at Noon this 4th day of November, 2008. And now all I can do is pray that God’s Will is done…Come what may, I shall stand with my fellow Americans for my God and my country – Let Freedom Ring!

Words of wisdom from George Washington’s Farewell Address

“Of all the dispositions and habits, which lead to political prosperity, Religion and Morality are indispensable supports. In vain would that man claim the tribute of Patriotism, who should labor to subvert these great pillars of human happiness, these firmest props of the duties of Men and Citizens. The mere Politician, equally with the pious man, ought to respect and to cherish them. A volume could not trace all their connexions with private and public felicity. Let it simply be asked, Where is the security for property, for reputation, for life, if the sense of religious obligation desert the oaths, which are the instruments of investigation in Courts of Justice? And let us with caution indulge the supposition, that morality can be maintained without religion. Whatever may be conceded to the influence of refined education on minds of peculiar structure, reason and experience both forbid us to expect, that national morality can prevail in exclusion of religious principle.”

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From 'Bitter Clinger' country

Well, it looks like not only are we bitter and clinging to our God and our guns here in PA, but with Obama's energy plan many citizens in Pennsylvania will have extra time on their hands since he plans on bankrupting the coal industry through 'cap and trade'. We'll have extra time to read our scriptures and clean our guns. That's Obama, he's just trying to help us with change. However, where are we going to get our electricity to read that scripture since most of our state receives its electrical power from coal plants? I know, I know; I'm focusing on details too much. Who needs electricity? I mean really; it is sooo overrated.  I mean who cares if you're paying double the rate for electricity in this economic crisis. I'm sure the government will send you a check from those that they've robbed...I mean redistributed. I guess we could read by candlelight, but doesn't that give off CO2 as well. How does that figure into the Obama energy 'cap and trade' scheme, I mean policy?
But seriously, I did hear something very interesting this morning while listening to talk radio. If we bankrupt the coal industry which provides about 50% of the electricity  for the nation, how would we power the electric car that so many want the car makers to produce in mass? Okay, so let me get this straight, we're not going to have nuclear energy, coal energy, or oil - how are we going to produce anything in this country?
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Surely you jest, Madame Speaker

I can't help but laugh at the comment Speaker Pelosi made about how when the Dems rule the Congress with a supermajority they will be more bipartisan. Yeah, okay. I believe you the Speaker of the 'most ethical' Congress in U.S. History. How's that investigation of Charlie Rangel coming? What? There isn't an investigation. Okay, okay. But since he evaded tax laws, you did tell him to step down from his chairmanship of the House Ways and Means committee that actually writes the tax code. Right? How about the investigation and hearings into the collapse of Fannie Mae and Freddie Mac? What? None there either. Alright. How about asking Rep. William Jefferson from Louisianna to give up his leadership seat after being investigated for corruption? I understand that your 9% approval rating for the most 'do nothing' Congress in U.S. history might sound okay; however, public schools did manage to teach some of us that 9% out of 100% is not a good mark. But hey, you know what, let's give them a trophy and a pat on the back for the great job they're doing. I'm sure they'll be more bipartisan in the next Congress; especially if they have a fillbuster proof Senate. They've done a great 9% job so far. They can only improve from here...can't they?
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Last night's debate

Well, once again I flipped on FoxNews and tuned in for another debate last night. Clinging tightly to my Bible and my gun within reach (not really, but what do you expect from a bitter middle classer in PA), I sat and watched the two men who want to be President go back and forth on several issues. Let me just say, I thought the majority of the questions were good. At least this time we actually had questions that didn’t focus on the last two debates completely. The economy questions were a given, but I thought McCain did well last night.

I think Obama was on the defensive, but McCain could have added more power to his jabs by mentioning some other facts. Before I get into the list of things I think he should have touched upon let me just say this – don’t these people have staff that funnel news articles, etc. to them about various aspects of their opponent. I mean really, why is it that McCain didn’t go more in depth on several issues. Is it because he doesn’t want to? Is it because he doesn’t know it? Or, is it restraints of the format in the debate, etc.? I’d like to know because Obama misrepresents himself quite often and no one seems to call him on it, except for Sarah Palin.

The list that I think McCain should have pounced on more were as follows:

-         Taxes: Perhaps it would interest people that about 30% of that 95% don’t pay taxes into the system, so they would actually just be getting a check from the government. Can we say welfare? Plus, what about the Bush tax cuts? If Obama lets those cuts fade away, won’t most middle income earners have their taxes raised. I’ve seen articles that say those earners making between $30,000-$90,000 will actually have their taxes increase by about $4,000.

-         Associations: Instead of asking about Obama’s relationship with Ayers, McCain should have set the stage for Obama to refute or confirm the relationship he has with Ayers. For instance, picture this question, “Senator Obama, in a recent CNN investigation, it was uncovered that you have worked with Bill Ayers - who's an unrepentant terrorist that bomb the Pentagon and other buildings, and who has proclaimed himself as a 'communist' with a little 'c' - on a number of boards that have to do with education in the city of Chicago, i.e. Annenberg Challenge and the Woods Foundation. This relationship has spanned from the time you launched your state senate campaign in his living room to the time you shared a stage with him at an event planned by your wife discussing education. Also from that CNN investigation, one could see that your relationship with Ayers was not how you first described it, ‘just someone I knew from my neighborhood’, or how you next described him as, ‘I knew him because our kids went to school together,’ which isn’t true since his children are now full grown and your children are not. So, perhaps you could clear up any confusion that those in the American public might have with regards to your relationship with William Ayers and provide them with the true relationship between the two of you.” Next up would be ACORN. “Senator Obama would you please explain how you can say you don’t have any ties to ACORN when in your days as a community organizer you worked as a trainer for the Chicago area chapter. As well as throughout your senate elections and career, you've shown support to that organization. Not to mention that in December 2007 at their conference you said that you would make sure that they were invited to your administration’s White House to set agendas for the country. These are the same people that are now under investigation for fraud. Would you mind explaining the relationship further?” I too would have brought up Reverend Wright because that relationship also illustrates Senator Obama’s judgment. How can you sit in a church for 20 years that preaches hatred towards this country and not agree with what is said? Especially, since one of your memoirs features one of the preacher's sermon titles?

-         Abortion: He could have nailed Obama on the ‘Freedom of Choice Act’ that he promised to NARAL in the first 100 days of his administration. Not to mention that the same legislation that he opposed to give aborted children a fighting chance was supported by those in the US Senate that are pro-choice.

-         Healthcare plan: “Senator Obama, why would any small business keep paying for healthcare plans when they can dump them off and have their employees pick up the government plan. I mean this eliminates competition.

-         Education: “Senator Obama, you tout how the oil companies have such obscene profits and how much they have increased over the years. Sir, would you tax Universities that have increased their costs from 1986 to today by 423%? And, Senator, many colleges and Universities hold numerous endowments in their accounts; would you encourage them to spend those endowments by taxing them hardily? Perhaps the universities and colleges could 'spread the wealth' around.”

I’m just trying to figure out where all this money is going to come from in these two campaigns. Our country is out of money and no one is admitting to that fact. We have to cut spending drastically.

Anyway, I thought McCain did well. I would just encourage him to flush out more by stating the facts and getting them out there and allow Obama the chance to refute or twist them. Even if Obama tries to refute it, McCain still ignites the facts for people to come to their own conclusion. It’s all about making a good argument.

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What if there's no filibuster...

My fear is what may happen if there is no filibuster in the Congress and Obama gets elected. The great thing about our Constitution is that it has checks and balances; however, if this balance/checking system is not adhered to bad things could happen in this country. Imagine Nancy Pelosi, Harry Reid, and Obama pushing through their agenda and not having any roadblocks. What will happen to this country? Marxism doesn't work; however, these three and many in Congress seem to think it does. I don't think a majority of this country's citizens want socialism, which leads me to my fear of what will happen if there isn't a filibuster to speak for those against socialism and block measures that would take the country further down that road.
 
So, what will happen when the people are silenced and injured (as is stated in the Declaration of Independence)? We all read about what happened during that time period. Is history repeating itself? I pray that we can revolt at the ballot box and make sure that there are checks and balances for our elected officials. However, given recent events I don't know if checks and balances will curtail socialism taking hold. I mean we just had a bill pass through a Democratic Congress and signed by a 'Republican' President that gives authority and power to the Treasury Secretary that he shouldn't have (he's not an elected official). The Secretary doesn't have to go back to Congress for anything (not to mention the fact that this bill goes against the free market). Now, we're talking about buying stakes in banks. Oh yeah, let's have the government run the banks too; they always do a great job running things.
 
Will we have another revolution because the checks & balances will no longer be there to balance the scale? I fear that if there is no way to stop the Marxist and liberal agenda that will resonate from a possible Obama and Democratic-led Congress that's exactly what will happen. I listen to talk radio, read a lot of articles, and listen to people I know, and my gut feeling is that people are really distrustful and disgusted with our government officials (Congress approval in the toilet) and I've heard the word 'revolution' spoken quite a bit. I pray that we can elect officials that will adhere to the Constitution and get away from liberal policies...I'm just not sure where those officials might be...
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Get in the ring and throw some punches...

First, let me just say that I enjoyed the VP debate last night. I think Sarah Palin did a great job. I know this might not mean much coming from one of those 'bitter clingers' in Small Town, Pennsylvania (sorry, not holding a gun right now), but I thought she did a fantastic job of holding her own. The only thing that I would say that is lacking in McCain's campaign is that they need to throw out more facts and punches towards Obama. Believe me, I don't need to tell you there are plenty of things to hurl towards Obama: policies, associations, votes, and judgments. (And please, I keep hearing about Obama putting forth legislation about Fannie and Freddie in the Senate. However, I don't recall this and I haven't been able to find evidence of this. So, why not ask the question?) But the thing that I can't understand is why the McCain campaign isn't going after members of Congress that were clearly involved in perpetuating the Fannie and Freddie debacle.
 
I didn't get to see the original airing of the O'Reily interview with Barney Frank, but I did get to see a snippet of it on the web. Thank you, Bill, for standing up and throwing a punch. Look, I'm just as angry that Republicans didn't push harder in the years they were in control of both Houses, but we have evidence that they did try to reform those GSEs. In contrast to that, we also have evidence of sitting Congressman that deny there was a problem with Fannie and Freddie.
 
So, why is the McCain campaign not highlighting these facts? Look, I understand he's trying to stay above partisan politics, but look these people had a job to do and they didn't do it. I'm not looking at political parties, I'm looking at the fact they failed to do what was entrusted to them to do. The ethics in our Congress is pretty much shot and the trust and faith of the American public in our government 'leaders' (and I do use the term loosely) are severly floundering. I mean how many of us would keep our jobs if we had a 10% approval rating.
 
The McCain camp needs to throw some punches. He doesn't have to distribute knock-out blows, but he needs to show that he is the true reformer and that he's fighting for the American people to make ensure and show that their trust is important to him and his administration. Sarah Palin does a good job communicating with typical Americans (remember, we're clinging to our guns and religion); perhaps, she should take up that fight and get a few jabs in on that front. She's considered a Washington outsider, so that would be an appropriate battle for her to take up.
 
Come on McCain get into the fight and throw some punches...just some thoughts.   
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Declaration of Solidarity

What I think a true leader might say during this economic crisis:
 
My fellow citizens, this past week and the weeks to follow are ones that will go down in hisotry as either the moment that the United States of America fell apart and embraced socialism, or it will go down in history as our Nation's finest moment and greatest comeback. I believe that now is the time for solidarity. With this impending economic forecast that has been brought to us by the inability for partisanship to subside, and for country and its citzenry to come first, we must take a course of action that may not be the most pleasant, but I believe it will allow the counrty to regain its footing and restore it to the principles of which it was founded.
 
In our history, we have seen times of struggle and we have seen times of determination and great courage. Our American Revolution got the ball rolling with us breaking away from the most powerful empire on the face of the planet at the time. It was the ordinary people who took up the mantle of leadership and dissolved the hold of the British monarchy over our colonies. And in the 1860s, we had the Civil War that threatened to tear this nation apart, but fortunately the citizenry and the leadership of that time brought back the unification of our Great Nation. We have had World Wars that tested our fortitude, resilience, and character; however, we came together through the 'greatest generation' and fought for the freedom that is given to us by our Creator. Even a Great Depression couldn't hinder the American spirit and determination; America stood up once again.
 
Throughout all of our trials as a Nation, one thing has always remained constant and determined - it is the American People. WE THE PEOPLE go through our daily grind everyday and try the best we can to live our lives and build upon our successes and yes, even our failures. We depend upon our leadership to make the tough decisions with our best interests at heart and an ear to our voice. Unfortunately, many in Congress have been to busy keeping their jobs and lining their pockets that they forgot whose voice they are to be listening to - yours!
 
My fellow citizens, I have heard the frustration in your voice and I share it with you. WE THE PEOPLE must take our government back. So, I propose to you that I, in solidarity with you, refuse to allow a bailout to pass through our Congress. I believe it is in the best interest of this country not to give up on the free market and the prinicples that so many in our Nation's history have fought and died for. We are not quitters, we are Americans! Together we can overcome anything!
 
I won't lie to you, the road will be rocky. The next couple of years will be hard; but we can make it! We will experience very tough economic times in the near future. However, by not planning our economy on election cycles, I believe we can come through this and leave this country better for our children and grandchildren. We must take an action that does not leave future generations paying for our mistakes and mishandlings. We must take a course of action that builds upon free market principles that are strong when they are adhered to. WE THE PEOPLE must band together and begin the process of resolving our problems.
 
I propose that we lessen the capital gains tax to zero for the next three years, as well as lessen the corporate tax rate to 15% for the same amount of time. By doing this , business will inject more money into the system, which will help credit lending resume. This will also increase job opportunities throughout the U.S. and keep many corporations here. We will be more competitive in the world markets; and we will keep industry in this country. I believe this plan will work. Companies that do not practice good business should be allowed to fail. It is what capitalism is. It will allow you to succeed to whatever heights you can get to through hard work; but if you don't practice good business, it will allow you to fail. Companies must be allowed to fail. After the three year suspension of the capital gains tax and the decreased corporate tax rate, we will evaulate where to go from there according to market stability. Of course, if something would arise during the interim, we will take those events into consideration; but make no mistake, we must not add more debt to solve our debt and credit problems. It's just not common sense.
 
So, today I will pledge to you what our Founders pledged to each other when they signed their death warrants in the hot steamy July days in Philadelphia, Pennsylvania in 1776: "And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our Sacred Honor."
 
 
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Has anyone seen accountability? It seems to be lost...

Yes, Americans, we are now looking at a $2 trillion price tag with this new bailout. Not to mention the amendments that I'm sure will be added to this package to provide more aid to everyone and their cousin. Okay, so we're going to bailout the bad loans, etc. I do not like socializing anything, and I think that this will not keep us from falling to the bottom. I just think this will lessen the impact when we do hit bottom. I mean, where's the money going to come from? Oh, that's right the government is going to print more. Say hello to inflation and the devaluing of our dollar. But really, we need to hit a bottom so our economy can bounce back. But who is to blame for this metldown? 
It depends on the circles you run in; however, I think there is plenty of blame to shovel onto various people. But I'm not as interested in all of the 'blame game' as I'm that I don't want the same people in charge of the bailout that were responsible for the meltdown. Is it too much to ask for that we hold our leaders accountable? I've read quite a few articles and it has come to my attention that in the past seven years, the White House has warned numerous times that Fannie Mae and Freddie Mac needed to be reformed. If you want the list, go to Newsmax and look at the article about 'Bush's warnings about Fannie and Freddie'. So why did our Congress not act? Why did our Congress keep pushing for 'lower-income' housing when it's obvious some people shouldn't be in homeownership because they can't afford it? Why did our committee chairs leave a meeting with the Treasury Secretary and Fed Chair this weekend looking very sober and panicked?
 
Weren't these the people that were supposed to be overseeing the financial system, etc.? How can they be shocked? What do they do in Washington? I've been following the ups and downs of the economy for the past year or so. I'm tired of hearing how 'this administration has blah, blah, blah'; as I recall Congress has a part in our government too. Besides partisan bickering, what actually is achieved in the worm-hole of D.C. I call it a worm-hole because it seems like most politicians that go there lose common sense and integrity as soon as they walk in the door.
 
I don't know about the rest of you out there, but I would really like to see quite a few resignations in our Congress and other agencies.
Followed by investigations and perhaps some indictments. Unfortunately, while members of Congress were lining their pockets with contributions from the very financial firms that were manipulating their books so Execs could get their bonuses, we the American taxpayer have been getting ripped off and are now paying the price. I don't think these people realize that their antics and failure to see common sense, as well as economic soundness, could cost people their life's savings, jobs, etc. We as Americans deserve better in our leadership! It's time we step up and hold them accountable and demand better leadership in Congress, etc. If they can't provide it, we'll find someone else outside of the worm-hole come election time.
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Unelectable mixed with economics

Last night, I took a break from watching everything that has been going on in the economy and the presidential race. I popped in my newly purchased "Glenn Beck: Unelectable" DVD. I had seen the show live in Harrisburg this past June, and I even took my liberal sister to the movie theater screening in July. So, I sat back and watched it for the third time, and I must say it was still funny. If you haven't seen it, I urge you to see it. Glenn is funny and witty. The first act basically is stand-up comedy about the presidential race, as well as comments on other things in the news, etc. But the second half is quite something as well. 
Glenn comes out as a candidate ready to appeal for your vote. However, he does something that no other politician does - tells you what he wants to do without any pretenses. He doesn't pander. He doesn't say all the things you want to hear, but instead the things that you need to hear. He often quotes the Founding Fathers and helps you remember all the great things this country has stood for in the past. It is an inspiring speech and one I would love to hear from an actual statesman running for office. I would vote for that candidate in a heartbeat. 
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I think we need to remember that this is the greatest country on the face of the earth. Yes, we have problems. But we should learn from those mistakes and correct our path. We don't need bailouts. We need leadership. We don't need more taxes (to be patriotic). We need people to stand up and perhaps tell us things we don't want to hear. I don't know about you, but I am really tired of being lied to.
 
I want to know why these people in the oversight committees didn't see these things coming. Why didn't our Congress (9% approval rating) act sooner on Fannie and Freddie, without aquiring them through a bailout? The government owes us a lot of explanations, and since we, the taxpayers, have purchased all of these companies, etc. I think we're entitled to the truth. I also think that if anyone has been found committing illegal acts they should be tried in a court of law. This is enough!
 
I want all of these morons to get off their high horses and start giving us answers. I don't want partisanship. I want the facts. And if everyone in Congress has to be investigated then lets get underway. I'm tired of them wasting my money. Aren't you? I have no problem giving money for infrastructure and the military. But all of these entitlement programs, as well as other wasteful expenditures have really ticked me off.
 
I just want a statesman who's in there to serve the people. And we deserve answers as to why our Congress isn't working for us.
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Let our market go free...

The biggest misconception is that the government needs to regulate financial systems and hold companies accountable for the decisions that they make. When in actuallity, if we would let our market go and be an actual free market, businesses wouldn't make the same decisions, which have now brought us to the bailout of Bear Stearns; the take over of Frannie and Freddie; IndyMac going under, and now Lehman Brothers (bankruptcy) and Merryll Lynch (sold to Bank of America, who also absorbed some of Countrywide). Next up on the list could possibly be Washington Mutual and I'm sure more to follow. But the most common thing I hear from co-workers, or just friends and people on the street: "Who saw this coming?" Actually, it depends where you get your news. And do you only rely on one source for your news. Not enough of us read about our economy and undertand it. We don't need to understand every aspect, but we need to know how the market is supposed to work; and not enough of us learn that lesson while we're in school. I took an economics course in college and it was one of the smartest things I ever did.(Although at the time, I felt it was a pretty boring class. But now I'm so glad I took it.)
 
We hear people blaming the current administration for failed policies; however, I believe it goes back even further than that. You can't introduce socialism into a captialist system and expect it to stay true to its original purpose/function. The pattern of the government bailouts began in the 1930s under Roosevelt (after the Great Depression - a great book to read is Amity Shlaes book "The Forgotten Man") and has continued ever since (with a few exceptions - Kennedy, Reagan, etc.). When businesses are pretty much guaranteed a blank check for failing what risk is there for them to stay within safe business practices. Let me put it to you this way: your the middle child of a family whose father and mother are both doctors. Your older sibling went out to start his own business with money that Mom and Dad gave him with the assurance that he needed to practice good business. However, along the way he didn't take his parent's advice and he ends up in debt because of poor decisions and over extending his credit. But when he comes to Mom and Dad, they give him the money to cancel out his debt. The eldest child gets a slap on the wrist and is told to make better choices. He goes through once again and makes more poor decisions. Now, the middle child sees this and realizes that while he too wants to start up his own business, he doesn't really have to make the right decisions because he knows that there's really no way he can fail. He can always come to Mom and Dad for the money if he makes the wrong decisions.
 
That is what has happened with a lot of our financial institutions. They have made horrible loans. I heard today (Glenn Beck Show) that some banks gave out something called 'Alt-A' loans that didn't require income or payback verification. How can someone get a loan if there isn't an income verification? These aren't practices of businesses who are worried about losing money because they knew that someone will be there to bail them out. We hear all the time that 'these firms are to big to fail'. Well, what about those Americans who take the risk of opening their own small business. Are you going to bail them out too? I don't see the federal government eager to help out 'Mom and Pop' stores that have been in business for thirty years and are now having financial difficulties.
 
If a business wants to take a risk, they'll have to assess if they can afford it and if they can they will take it. If not, then they'll have to hold off, or wait until they are in a position to be able to take that risk. But they have to know that if they take the risk and it doesn't pan out, then they won't have anything to fall back on. The fact is that in a Free Market there shouldn't be any bailouts and huge regulation systems. They only make the problem and practices worse. And if a business owner makes dumb decisions, perhaps they shouldn't have been in business in the first place. The market evens out and someone else that practices good business swoops into the market to fill the gap. If we free up the market, it will be difficult at first, but in the long run it will make the economy stronger and healthier. No more band-aids; we'll have stitches and eventually just a scar to remind us not to play the game like that again.
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And now I remember why I stopped watching network news...

Well, last night I sat down and pain-stakingly watched Charlie Gibson's "interview" of Sarah Palin. I say pain-stakingly because I started to develop chest pains from yelling at the television. I wanted to give Gibson a chance and see how he treated Palin in this interview. I like to see things for myself and make up my own mind about it. Well, let me just say, did anyone else imagine an old woman staring down her glasses at you telling you, "you don't know what you're talking about, dearie." I swear I don't think I've ever seen an interview where the interviewer had such condescension in his tone. Don't get me wrong, interviews should have tough and honest questions. But Gibson didn't ask honest questions, and a lot of the time his arrogance permeated through his speech. Not only were some of his 'facts' incorrect, something that could have been checked on various non-partisan websites like FactCheck.org, but his apparent disdain for even being in Alaska came across to me (sparcely populated state comment). I don't know, maybe it was just me.
 
First, the biography at the beginning didn't bring out all the facts and seemed to smack her in the face. Second, his questions were not framed very well. I was an English major in college, and while I wasn't in broadcasting, we did do quite a bit of interviews, peer reviews, etc. It seemed to me that he didn't really want honest answers, he just wanted to trap her in something that he could brag about later. Perhaps the question, if you can call it that, was when he asked her about her/McCain's tax policy. He described Obama's tax plan and said that 'clearly this would benefit the middle class...' I couldn't believe the way he framed that question. When in fact, earlier in the primaries Obama was caught in sayin that 'raising taxes wasn't about increasing government revenue but instead it was about fairness' (I am paraphrasing what he said when he was informed that raising taxes does not increase government revenues, tax cuts do.)  But something Gibson forgot to say in the interview was that Obama recently said he wouldn't rescind Bush's tax cuts on the 'wealthy 1 percent' if there was a recession. That naturally begs the question, why raise taxes then at all.
 
So, to make a long story short, I think Gibson looked down his nose at her as a small town gal, who doesn't know her foreign or domestic policy because she hasn't met the right people. But how is it that she actually described the NATO agreement more accurately than Mr. Gibson did. We small town gals may not have met world leaders, or traveled to foreign countries extensively; however, amazingly enough we know how to read, which can open doors to almost every corner of the world. I would say that Sarah Palin did very well with the questions she had to work with. I don't think Gibson did himself any favors in his interview. I think he came across very arrogant, perturbed, and very condenscending. I really think all of this disdain and mocking from the 'Left Wing' is going to backfire on them.
 
We shall see in a little over 50 days.
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Obama rethinks taxes

Okay, so today I’ve seen quite a few articles that describe Senator Obama’s rethinking of tax hikes. He qualifies it by saying that it’s only in the case of a recession being there when he gets into office. But doesn’t this go against his campaign’s logic? In his campaign, he has championed that he would repeal the ‘Bush’ tax cuts and then raise taxes on the ‘wealthiest one percent.’ He’s stated that they need to pay ‘their fair share.’ However, now he’s saying that he would be willing to keep the tax cuts on the ‘wealthiest one percent’ because he’s afraid of how it would affect the economy negatively, cost us jobs, and drive us into a deeper recession.

But following his logic in his newest statement, doesn’t that just prove that tax cuts are what drive an economy to healthier growth and prosperity. Doesn’t it say that when people are allowed to keep their own hard earned money they actually know how to spend it effectively? So, if keeping taxes low on the ‘wealthiest one percent’ is the best thing during a recession, wouldn’t it make sense to keep taxes low across the board when we’re in a healthy economy? Wouldn’t that take away the threat of a recession?

Here’s a link to the article I read this morning:

 
Just seems like common sense to me. Lower taxes means more money in the economy, creating jobs, creating products, and growth.
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McCain's speech...Part 2

Okay, so on my last post I gave some of the points that I liked in McCain's speech. In this posting, I'm going to tell you what I didn't like. First, please tell me where in the Constitution it says that the Federal Government is to provide unemployment pay for people who recently lost their jobs. Is this the job of the Federal Government? I can't seem to find that clause in the Constitution. This responsibility should be the individuals, or in the grander scheme of things perhaps the State government, if they so desire to do it. And then, when he spoke about the Feds paying the difference of your previous job and what you receive on unemployment. Really? How is this the Federal Government's role?
 
Next, I understand the Workfare programs, etc. I would rather help people gain education to see them succeed in a higher paying job. Plus, they gain the self-esteem and pride to go out and make something of themselves. However, how should this be done Federally? Should this be the Federal Government's role? Or, should it be the State's role? Local government's role? If we are using community colleges in the equation, shouldn't it be left up to the local and state government's? And if it is the state and local government's responsibility, should the Federal government provide any kind of funding?
 
I think something that we as Americans have come to expect is that our Federal Government should pay the bills of programs that are provided to us. And I think that it has stemmed and grown from the time of the New Deal in the 1930's. Look at people's dependence upon Social Security as an example. We have come to expect that our government will make provisions for us. Why? If our politicians or the citizenry had rejected the 'entitlement mentality' would our political system be the same? I'm not so sure it would be. Of course, we'd have some corrupt politicans, etc., but would we have so many special interest groups. Probably not.The Federal Government should provide a strong defense and promote the general welfare of the country (infrastructure, border security, etc.).
 
I realize that there isn't a perfect candidate that has done everything we wish them to have done, and agree with us 100%. If there was, we'd be running for political offices ourselves. What we need to do as concerned citizens is 'hold their feet to the fire'.
 
While John McCain chastized the Republican party for losing their way when they went to Washington, we as citizens are held responsible as well for sending the same politicians to Washtington over and over and over and over again. We need to become more involved and hold them accountable. Tell them that we don't want earmark spending! Tell them to provide for our soldiers and give them the best that they can have! Tell them to stop catering to lobbyists and media outlets, but instead, look to their constituents! Tell them that if they don't listen to their constituents they should start packing up their office!
 
WE THE PEOPLE need to take back our government and remind them who THEY WORK FOR! WE ARE THE BOSSES!
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