Tag Archives: U.S. economy

Capitalism, the Superior Societal System

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.”
– Adam Smith (1723-1790) Scottish moral philosopher and a pioneering
political economist.

Self interest, what some may call “greed”; wrongly, is a good thing.

Put simply, capitalism, is as natural to humans as breathing. Read more

Paul Ryan: 2012 Vice Presidential Profile

August 11, 2012: GOP Presidential Candidate Mitt Romney made the announcement that Wisconsin GOP Rep. Paul Ryan is his Vice Presidential running mate for the 2012 Election.

PERSONAL INFORMATION

Paul Davis Ryan, Jr. was born January 29, 1970, the youngest of  four children of Betty and Paul Murray Ryan.  His father (now deceased) was a lawyer, and his mother is an outdoorsy lady who kept her family busy on hiking and skiing trips.

Congressman Ryan is a fifth-generation Wisconsin and native of Janesville, where he was born and raised. He is the great-grandson of Patrick W. Ryan, who founded the Ryan Incorporated Central Construction Business in  1884.

Family
Congressman Paul Ryan and his wife Janna (Little) Ryan married in December of 2000, and they now have three children- a daughter and two sons.

Education
Joseph A. Craig High School
1992- Graduated Miami University in Oxford, Ohio with a B.A. in economics and political science

Religion
Catholic
A member of St. John Vianney’s Parish.

The Ryan Family Heart
Congressman Ryan was just sixteen-years-old when he found his father in bed, deceased at the age of 55, from a heart attack. Congressman Ryan’s grandfather also died of a heart attack at the age of 57, and his great-grandfather also died of a heart attack at the age of 59.

Organizations
Delta Tau Delta- Social Fraternity (was a member in college)
Ducks Unlimited- Member
Janesville Bowmen, Incorporated- Member
Rock County Junior Achievement- Board Member

Political Affiliations
Republican
Member of the House Republican Young Guns

Private Sector Career
Oscar Mayer- In college, he was a Wienermobile driver
Marketing Consultant for an earth moving company
Economic Policy Analyst
Ryan Incorporated- Former President

Political Career
1999 to Present- Congressman from the 1st Congressional District of Wisconsin- Currently serving his 7th term
Jack Kemp Vice Presidential Campaign- Former Speechwriter
Office of the Director of National Drug Control Policy- Former Speechwriter
Senator Bob Kasten, United States Senate- Former Staff

Bi-Partisan
In 1999, new to the House of Representatives, Paul Ryan sought advise from other members of the House on how to be an effective Congressman. It was none other than the very liberal Democrat Barney Frank of Massachusetts that gave him the advise that has defined him.

Be a specialist, not a generalist. Pick two or three issues and really focus on them rather than being a yard wide.

His Motto
“Inquire, inquire, inquire, read, read, read.”

Committees
Chairman of the House Budget Committee
House Ways and Means Committee- Senior Member
Subcommittee on Health- Ways and Means Committee- Member

Non-Legislative Committees
Community Solutions and Initiatives Coalition- Member
Congressional Sportsmen’s Caucus- Co-Chair

The Ryan Plan
“The Path to Prosperity- Restoring America’s Promise”
The Plan- a 2012 budget resolution would:

  • End “uncontrolled government spending” and “crushing levels of taxes
  • Repeal the Affordable Health Care Act of 2010
  • Turn Medicare into a private health insurance system
  • Lowering the tax rates for top-earning individuals and corporations from 35 to 25%

Congressman Ryan wrote this plan

“to tackle our looming fiscal crisis, driven by the explosion of entitlement spending. ‘The Path to Prosperity’ helps spur job creation today, stops spending money the government doesn’t have, and lifts the crushing burden of debt. This plan puts the budget on the path to balance and the economy on the path to prosperity.”

Political Accomplishments
An expert on the budget, taxes, and health care.
He “knows more about the federal budget than anyone else on Capitol Hill and talks about it more fluently”

Political Positions
Pro-Life voting record
Pro-Family voting record
Pro-Business voting record
Pro-Free Trade voting record
Pro-Military voting record
Pro-gun rights voting record
Pro-Israel– committed to unbreakable U.S.-Israel bond.
Supports the requiring all laws to cite Constitutional authorization
Supports the elimination of the federal estate tax
Supports The United States military action in Afghanistan
Supports privatizing elements of Social Security
Supports domestic oil drilling
Supports drilling in ANWR
Supports Sealed Border
Supports Immigration Reform, DOES NOT support amnesty
Believes marriage should only be between one man and one woman
Tough On Crime- Believes in Consequences for actions  (Voting record reflect anti-rehabilitation crime votes)
“Hard On Drugs” Stance

Anti-public health voting record
Anti-union voting record
OPPOSES progressive taxation
DOES NOT support using government funds in an effort to stimulate and improve the economy
DOES NOT support restrictions on the purchase and possession of guns
DOES NOT support a publicly-administered health insurance option
DOES NOT support a pathway to citizenship for illegal immigrants
DOES NOT support National Education Association, earning him an “anti-public education” from the NEA

** To see Congressman Paul Ryan’s voting record on the issues, visit Project Vote Smart and On The Issues. Direct links to Congressman Ryan’s voting record are found at the bottom of this page. **

Throwing Grandma Off the Cliff
The infamous “Paul Ryan Throwing Grandma Off the Cliff” commercial, sponsored by the liberal group “The Agenda Project”.

A comment by Todd Aldrich on this video says it perfectly:

“The majority of Americans believe the LIE that Democrats have put out. The fact of the matter is that NO ONE 55 or older will have ANY changes and the rest of us will get a choice from what ever plan WE want – EXACTLY like congress has. This is to be paid for out of block grants INDEXED for inflation so people are guaranteed their benefits.

The Democrats? They have offered NOTHING, and by doing so they are GUARANTEEING that NO ONE will have those benefits before long.”

ARA (Alliance for Retired Americans- who’s mission statement is “to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security”) indicates an “anti-senior” voting record. If you read Mr. Ryan’s plan, you will see he has a plan to save Medicare, proving he is NOT “anti-senior”.  **

Obamacare
 Drudge Report ran this video, with the headline: “Paul Ryan took apart Obama and Obamacare — in 6 minutes!”

 


On The Web
Congressman Paul Ryan’s Official Website
Congressman Paul Ryan on Facebook
Congressman Paul Ryan on Twitter
A Road Map For America’s Future
“The Path To Prosperity- Restoring America’s Promise” 

Paul Ryan In The News
Ryan’s Charge Up Entitlement Hill
Knowledge Is Power
Mr. Ryan Goes To Wisconsin
Obama’s Economic Experiment Has Failed- Time To Get Back To What Works
Stop The Raid; Repeal Rationing Board; Save Medicare
Paul Ryan on Meet The Press: Leadership Needed To Save Medicare, Lift Debt Burden, Grow Economy
Paul Ryan Makes The Case to Save and Strengthen Medicare

_________________________

Sources:
Congresswoman Paul Ryan’s Official Website
Ask.com
OnTheIssues.org
VoteSmart.org
The Weekly Standard 

 

 

3 Strikes: Why Paul Ryan Is A Bad Choice For Veep

“We cannot solve our problems with the same thinking we used when we created them”
~Albert Einstein~

.

The buzz is deafening.

Social Media, the Mainstream Media, and seemingly everyone in-between is buzzing with excitement at Wisconsin Representative Paul Ryan being named as Mitt Romney’s possible selection for the Vice Presidential nominee on the GOP ballot this November.

Sure, Paul Ryan is young, handsome, and intelligent.  However, his voting record is not as appealing.

Ryan’s voting record is pock-marked with questionable votes, but there are three major “YES” votes that should concern every voter.  Moreover, the selection of Paul Ryan should further call into question the decision-making abilities of presumptive GOP nominee Mitt Romney.
.

STRIKE 1
The USA Patriot Act of 2001 – http://t-j.cc/TqrWJb

– Eleven years after The Patriot Act was passed, the controversy and stigma has not diminished.  The Patriot Act was a gross attack on the 1st and 4th Amendment protections of all Americans.  A number of the provisions included the original bill signed by President Bush were overturned by the US Supreme Court as unconstitutional, while most of the remaining statutes have been extended multiple times by Congress.

 

STRIKE 2
Medicare Part D (Medicare Prescription Drug, Improvement & Modernization Act of 2003) –  http://t-j.cc/Tqscry

– Medicare Part D – which has existed for less than a decade – is already one of the greatest unfunded liabilities on the government’s ledger, as it will surpass $21,000,000,000,000 ($21 Trillion) within a matter of weeks from the date of this article.  This means that Medicare Part D is currently $5 Trillion more than our National Debt ($15.9 Trillion), and $5.1 Trillion larger than the liability of the 77 year-old Social Security program – which stands at $15.8 Trillion.

 

STRIKE 3
Iraq War (Authorization for Use of Military Force Against Iraq Resolution of 2002) – http://t-j.cc/TqsA9C

– Nearly 4,500 American soldiers dead in a “war” that was initiated on lies and/or faulty intelligence.  Enough said.

 

Three strikes and you’re out, right?

Apparently, that rule only applies in baseball.

 

“I hope they don’t look at my voting record”

Only in the toxic, sulfuric political atmosphere that currently resides in America, can these votes be rewarded with an appointment as the Vice Presidential candidate.

We aren’t even taking into account the abysmal “Ryan Plan” that was released to be a “blueprint for American renewal”, which had the US Government racking up large annual deficits until the year 2040.

The “Ryan Plan” wasn’t only about the budget, but it also included plans to reform the Medicare program.  Due to this, many people believe that as VP Candidate, Paul Ryan would bring entitlement reform to the table.

Wait.  Do people actually expect the same man who voted for the $21 Trillion Medicare Part D catastrophe to discuss or propose reforms that will improve Medicare itself, as well as cut costs?

Is that not akin to entrusting a known burglar to install your home security system?

With the track record that Paul Ryan brings with him, how can this be viewed as positive for America – much less the GOP and the Romney campaign?  The record shows that Paul Ryan is unable to be trusted to make proper decisions on important issues that affect the lives of the American public, and the forthcoming generations.

 

 

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This post is the opinion of the author and does not necessarily represent the views of CDN, Anomalous Media, its staff or other contributors.

He Said, She Said with Demetrius & Stacy

    When: Wed, Aug 8, 10PM EST/7PM Pacific

Where: He Said, She Said on Blog Talk Radio

http://www.blogtalkradio.com/cdnews/2012/08/09/he-said-she-said

What: Have you ever wondered what Black Conservatives think about the political issues of today? Well wonder no more, “He Said, She Said” with Demetrius and Stacy. brings you an inner peek into themind of the conservative, bold, full strength, and unfiltered.

Tonight: Special guests: Susie Moore, lawyer and blogger at http://qwithaview.wordpress.com/. Twitter: @SmoosieQ and Larry O’Connor, Editor-In-Chief of Breitbart. TV and host of “The Stage Right Show.” Twitter: @LarryOConnor

Luxury Tax 2.0 – Obama’s War on Prosperity

President Obama keeps asking “Do you want to return to the failed policies of the past?” At the same time he is urging us to envy those who have worked very hard and risked their own capital to make the American dream come true.

An examination of that question might be in order. Those who are not willing to just blindly accept what they hear, but are of reasonable mind might wish to examine the facts. His plea is not a new one, it is one we have tried before, with disastrous results.

The politics of envy got a thorough trial under George Herbert Walker Bush (41). In fact it worked out so well, it cost him his job along with 200,000 other poor unfortunates. Philosopher George Santayana put it so well, “Those who cannot remember the past are condemned to repeat it.” Either the current administration does not remember the “Luxury Tax” or they are banking on the fact that the public does not.

To refresh our memories, after his famous 1988 campaign quote “read my lips, no new taxes”, in 1990 under enormous pressure from the Democrats in congress, President Bush acquiesced and signed the “punish the rich for being rich” luxury tax bill. That bill greatly increased taxes on things like yachts, airplanes and expensive jewelry. The Democrats said it would increase revenues and if folks could afford to buy yachts, they should cough up some of that cash to help the poor and unemployed. The actual effect though, as one might guess, is that people quit buying yachts, or bought them offshore. The net effect was that revenues went down, and 200,000 people who worked in the boat building industry lost their jobs. Ultimately it cost Bush the 1992 election.

What so many people fail to grasp is “The Law of Unintended Consequences.” Everything we do has consequences but so many want a life without adverse consequences to anything. It just isn’t possible. The law of unintended consequences is a offshoot of the law of cause and effect. If one hits one’s self in the head with a hammer, one’s head will hurt. Cause (hitting your head), effect (head hurts).

The law of unintended consequences comes into play when ideas which sound, on the surface like good ideas meant only for the benefit of people, are implemented without any thought to what the actual outcome might be. For example everyone wants clean air. We probably have the cleanest air in the world now, but under the guise of cleaner air the EPA has put in place regulations which are closing coal fired power plants all across the nation, 57 this year and 175 by 2016. In the US 42% of our electricity comes from coal fired generators. That means that in exchange for making our air an infinitesimal amount cleaner we are going to not only sacrifice 8.5% of our coal fired generating capacity with nothing to replace it, but we are going to put thousands and thousands of people out of work. All of this while energy consumption continues to grow. As the power plants shut down, so do the coal mines, the coal haulers, the coal mining suppliers, and the coal rail haulers.

In addition to reducing our capacity for electrical generation, we will also increase the cost of electricity by at least a factor of two. So Grandma, who was worried about Paul Ryan throwing her off a cliff by trying to save social security, can just fry in her apartment because she can’t afford to pay the electric bill.

As the cost of energy increases, so does the cost of everything else. Farmers and manufacturers must pass this added cost on to consumers. Meanwhile, lets add some additional tax and regulatory burden to those manufacturers as well, because they are the evil rich and we have to get them. No one ever explains why we have to get them, we just do. It’s the fair thing, no matter what it costs the rest of us.

How To Help Millenials: An Interview With Former Labor Department Official

The July 2012 jobs report was released on August 3rd 2012, and major news outlets have been reporting that the US economy added 163,000 jobs.  While the debate  rages on about the accuracy of the real number of jobs created or lost, the economic impact on young Americans has been lost in the fervor.

Paul Conway -former US Labor Department chief of staff & current president of Generation Opportunity

The jobs report revealed some startling and terrifying numbers about how the 18-29 demographic is struggling in the American economy.  To get a firm grasp on exactly how dismal the economy is for young Americans – and what can be done to reverse this trend – Conservative Daily News spoke with Paul Conway, the former US Labor Department chief of staff and current president of Generation Opportunity.

Generation Opportunity – or simply, “GO” – is a nonprofit, nonpartisan group that is “committed to addressing and working toward solutions on immediate challenges, such as the lack of job opportunities, as well as the broader underlying issues, such as debt and federal spending, that impact our economic future and sustainability.”

—-

QFirst of all, I wan to thank you for talking with us today, Mr. Conway.  Why do you believe that the media is not including the figures from the household survey in their reporting?

A – “Well, you hope the ideal would be accurate reporting, but let me put my hat on as a former Labor Department chief of staff.  Here’s the thing about the household survey, I don’t think it is inaccurate.  I do think that some of the media want whatever the best picture is.”

 

Q – I have reviewed the full jobs report, and it is rather comprehensive.  Are there other pertinent aspects about the report that the media, and other outlets, are ignoring, or simply not reporting?

A –“I think sometimes the media will look at that monthly number, and that is the one thing that they will fixate on.  What they miss is the story behind the number and the people involved.  And on the larger terrain, what are the other significant factors that policymakers usually pay attention to before coming to conclusions and making decisions?

“There are some things out there that you can not ignore.  One of them is the household survey.  Also, another one is, out of the number of jobs created last month, how many of those were not full-time jobs?

“Yet another thing that can not be ignored is, of the jobs being created, how many of those jobs are going to older workers versus younger workers – which the majority of them were last month [June], and again this month [July].

“Also, the rate of new job creation.  In order to significantly take down high unemployment numbers, it takes between 250,000 and 400,000 jobs per month; depending on who you talk to, and there’s a great economic research team at the University of Maryland.”

 

Paul Conway at CPAC

QDo you think the media and policymakers fixate on that positive monthly number in order to further their own agenda, or to keep the public calm and prevent panic?

A – “That’s a very interesting question.  I think there are some that will look at the number and see if it fits a particular narrative, and I don’t think that is a good thing.  Whether there is a sincere effort by some to do that, I would say absolutely.  People will look at that [jobs report] and say ‘wow, look at that, let’s celebrate 160,ooo jobs!’.

“I saw one report where the uptick in job creaton number basically turns in to 35 new jobs per major city across the U.S. last month.  So if you created 35 jobs in Manhattan, is that a success?  No, it’s not.  What you need is a sustained period of job creation at the multi-hundred thousand level, just to start moving the unemployment number down.”

 

Since it will take a significant number of jobs to begin a recovery, of sorts, what sector of the workforce in the July jobs report is the most affected, or which demographic will require the most jobs?

– “If you look at the unemployment number for young adults – we had 8.3% come out [overall] – let’s take a look at the hardest hit demographic.  No one really wants to talk about it, and those are young Americans.  That [unemployment] number is 12.7%.”

What people don’t like to talk about is that there are an additional 1.7 million young adults who are no longer counted by the federal government.  If you take those 1.7 million young adults, and add it to the 12.7% that were counted, and we have 16.7% unemployment among young Americans.  What do you think the public would do if they knew that among adults aged 18-29, almost 17% of them were unemployed?

“This is a national issue, but people only want to talk about 8.3 percent, and somehow that’s normal.”

 

Q – Being in the 18-29 demographic myself, do you believe that having more than one-sixth of us out of work will be a hindrance to young Americans becoming entrepreneurs?

A – “Absolutely.  When you look at some of the best innovation that has come out of our country, they actually come from the folks who are young and took a risk.  This question is great because of how you are looking at it, and that is long-term.

“With almost 20% of young adults sitting on the sidelines of the American economy, all of that creativity, drive, and initiative; what does it do for American competitiveness in the face of China and India in 2 years, 5 years, and 10 years from now?  It’s a much different story when you look at it in the context of the bigger picture of the world stage and the U.S.”

 

Q – As president of Generation Opportunity, your organization focuses on helping my age bracket.  With Generation Opportunity’s “Call The White House Initiative”, do you think that making our voices heard in the White House would be more effective than calling the policy-makers who can draft and pass legislation that benefits established businesses and would-be entrepreneurs?  Or would calling both be best?

A – “What you are looking at is actually a series of tactics and initiatives that we are rolling out, and you are in the midst of watching it come out in full force.  What you will be seeing more of in the next several weeks is an aggressive campaign for young adults to make their voice heard in Congress, as well.  You can sign up on our website and it will allow you to find out who your legislators are, what the current issues and bills are, can also contact their representative and senator, as well as various committee chairs.

“So you are actually watching the emergence of several different tactics and initiatives, and ‘Call The White House’ is just one of those.  This is just the opening round.”

 

Q – I ran for US Congress in 2010 – starting my campaign at age 25.  Does Generation Opportunity have any plans on supporting actions to get young adults into public office in order to get that creativity, energy, and personal initiative – which you mentioned previously – into policy-making positions?

A – “When we put together our plan, we looked at what our long-term objective was, and what we wanted to do.  The long term objective for us is to serve as an education platform for young Americans, and to provide a tremendous about of resources for them.

“As far as candidate endorsement, we decided that we would not do that because it is better for us to serve as a vehicle for long-term education.  As an organization, we feel that in the long term is is better to identify with principle rather than a personality.”

 

Q – What principles does Generation Opportunity identify with, or espouse, as an organization?

A – “We organized on three principles.  Those three principles are, number one: Greater economic opportunity for all Americans.  The second is, advancement and defense – and I emphasize defense – of individual freedom: especially in the face of the federal government whose policy tries to dictate what the size and scale of liberty is.  The third is the size and scope of government

“Those principles have given us access to a very broad spectrum of people who are frustrated and want to make changes.  Our principles have attracted conservatives, libertarians, disaffected Obama supporters, and many more.  We have provided a large number of materials and resources on our website already, such as training guides and links to policy, so that people can become more engaged in the process.”

 

Q – Mr. Conway, unfortunately, it seems that we are out of time for today.  I want to again thank you for joining us, and I hope to speak with you again in the future.

A – Certainly.  It was a pleasure.  Thank You.

###

 

 

 

To learn more, please visit http://www.GenerationOpportunity.org

 

 

 

 

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The Economic Justice Lie

For years, the current White House occupant has foisted the concept that more affluent Americans do not pay their fair share of taxes.  That may make for an effectively memorable campaign stump slogan, but as is so often the case with the “progressive” Democrat’s reelection campaign statements, the rhetoric does not align itself with reality.  The top five percent of American wage earners pay forty seven percent of revenues collected by the IRS.  The top ten percent pay seventy percent of all IRS revenues.  Meanwhile, forty seven percent of the population pays zero income tax.  In fact, a large number of that forty seven percent actually reap the benefits of “progressive” big government largesse while paying nothing.

In a country long admired for its diligent protection of free speech it should be possible to logically discuss the plethora of clearly unconstitutional, vastly unpopular, criminally coerced, bribery stuffed, intimidation filled, votes bought, deals made and paid for legislation that amounts to an unmitigated assault upon American traditions, values and a way of life based on freedom of choice and individual liberty.  Given that anyone willing to speak against the institutionalized “progressive” leftist agenda is smeared, attacked, blocked on social media or otherwise suppressed, perhaps not.

But whether you look at the nationalization of American banks, the takeover of the U.S. auto industry, the Patient Protection and Affordable Care Act (also known to the Chief Justice of the U.S. Supreme Court as a tax), the takeover of the college student loan industry, draconian EPA regulations or Cap and Trade initiatives, it all boils down to two words: “Economic justice.”

Does anyone in their right mind believe that the current radical fringe leftist “progressive” filled government is not playing favorites with student loan applications or will not play favorites with healthcare procedures and coverage?  Does anyone honestly believe that the current “progressive” Executive Branch will not continue to over-reach for power via Executive Order or through their appointments to the unelected, unaccountable regulatory bureaucracy?

Can you say reparations?  Can you say class warfare?  Can you say unable to run for reelection on their record?

Let the current Oval Office occupier in thief tell you in his own words:

  • “One of the tragedies of the civil rights movement was that the civil rights movement became so court focused, I think, there was a tendency to lose track of the political and organizing activities on the ground that are able to bring about the coalitions of power through which you bring about redistributive change.”

That is Marxism, plain and simple.  But “progressives” know full well that the majority of Americans would never accept Marxism, Socialism or Communism if they were honest about their agenda.  Americans are equally unlikely to accept redistribution of wealth at face value.  Witness the public outcry that followed the occupier’s now infamous 2008 campaign encounter with “Joe the plumber”.

What is a “progressive” Marxist to do?

Make the Marxist agenda sound like a moral issue to which good, God fearing, charitable Americans will subscribe.  Just like magic Marxism, Socialism, Communism and redistribution of wealth becomes “economic justice”.

Do not fall for persistent fringe left “progressive” attempts to redefine language through the smoke and mirror tricks of political correctness.  DO NOT BE FOOLED.

“Economic justice” = Forced redistribution of wealth, with hostility towards individual property rights, cloaked in a veneer of morality.

Where the majority of Americans are from, that is known as lying, cheating and stealing.

http://mjfellright.wordpress.com/2012/08/03/the-economic-justice-lie/

Is This Any Way To Govern?

Profits for Government Motors, the crown jewel of White House efforts to portray their venture capital investment efforts in a successful light, dropped 41 percent in the second quarter.  Using GM as a staple of his never ending re-election campaign efforts, the current Oval Office occupant has consistently crowed from the stump about how the GM bailout was part of his master plan to save or create jobs.

Never mind that the government-managed bankruptcy violated hundreds of years of precedent by stealing equity from secured investors and redistributing it to the United Auto Workers, staunch “progressive” Democratic supporters.  Forget that a majority of the auto dealerships that were closed as a result of “progressive” business mismanagement were owned by Conservative Republican small business owners.

Speaking of business, jobless claims rose again.  For the week ended July 28th, initial jobless claims increased by 8,000 to a seasonally adjusted 365,000.  In a now familiar pattern that has persisted since the current administration assumed stewardship over the economy, July 21 week ended claims were revised upwards from the initially reported 353,000 to 357,000.

According to the White House and their “progressive” co-operatives, underperforming jobless numbers would vastly improve if only those selfish small business owners would “pay their fair share”.  Never mind that small businesses are under assault from government mandated regulatory obligations imposed by unaccountable bureaucracies.  Big government “progressive” control freaks will never comprehend how small businesses are far less likely to hire new workers when a disproportionate amount of their limited funds are tied up in accounting and legal fees forced upon them by regulatory dictates.

Not surprisingly, poor economic reports caused stocks on Wall Street to drop, with the Dow and S&P averages showing the biggest single-day drops since late June.  Reports showed both the Dow and S&P down by nearly one percent.

But not to worry, a growing “progressive” big government has determined that for America the best way to solve all of these economic problems is to have said “progressive” big government take over one sixth of the economy by seizing control of the national healthcare system.  A tax that “progressives” refuse to call a tax imposed on “free” individual American citizens for refusing to comply with a “progressive” big government mandate to buy a commodity will be enforced by an IRS that has paid out billions of dollars in fraudulent refunds.  In a report issued on Thursday, the IRS inspector general said that identity thieves are filing bogus returns and could collect $21 billion over the next five years.

Having the government in control of their healthcare system should be of minor concern to American voters.  With trillions of dollars being tossed around more freely than Frisbees on a French Riviera beach, knowledge that 7,000 healthcare providers already paid over $6 billion by Medicaid not paying federal taxes to the tune of nearly $800 million should be considered nothing more than a small accounting error.  What’s a mere $800 million among friends?

It isn’t like partisan politics could interfere with making sound judgments.

That is unless “progressives” are making those decisions.

Early in his presidential campaign back in July 2007, then candidate Barrack Hussein Obama said: “The least employers can do when they’re anticipating layoffs is to let workers know they’re going to be out of a job and a paycheck with enough time to plan for their future.”  Of course, now that having certain key employers do exactly that would threaten his re-election aspirations, he is against it.

Since passage of the Worker Adjustment and Retraining Notification Act, employers with one hundred or more workers are required to give employees a sixty day notice of pending mass layoffs or plant closings.  With the jobs of up to one million U.S. defense contractor workers threatened by looming budget cuts at the Defense Department, those contractors should be sending layoff notices to their workers just a few days before the upcoming Nov. 6 election.  The administration said that those federal contractors do not need to warn their employees about pending mass layoffs or plant closings because the budget cuts slated to begin Jan. 2 are “still speculative.”

Can you say John Kerry?  He was for it before he was against it too, right?

But Americans really should not sweat the small stuff.  Should it matter that thanks to business hostile policies of “progressive” politicians, those self-imagined self-appointed members of the intellectual elite, the American economy is crumbling before their eyes?  After all, Iranian President Mahmoud Ahmadinejad continues to make statements like: “Anyone who loves freedom and justice must strive for the annihilation of the Zionist regime in order to pave the way for world justice and freedom”?

Think about it.  What difference will the state of the economy make if a nuclear armed Iran starts a nuclear world war that annihilates the entire planet?

Is there any truth to the rumor that George Soros is speculating untold billions of his ill-gotten gains on cockroach futures?

Is this the way Americans wants their country governed?

http://mjfellright.wordpress.com/2012/08/02/is-this-any-way-to-govern/

Before the Dawn

A national poll showing a 59/35 percent disapproval rating demonstrates how declining confidence in American economic performance has led business owners to turn on the White House.  With the Oval Office insisting that the country cannot afford to continue the current tax rates for individuals making over $200,000 and couples making more than $250,000, aka the Bush tax cuts for the rich, it is not surprising that investor confidence is lagging.  Evidence indicates that the White House and their “progressive” allies have been repeatedly assailing small business owners, not “standing behind them” as their campaign rhetoric now insists.

Attacks originating from the White House such as the “You didn’t build that” remark are certainly not instilling confidence among entrepreneurs.  2010 Census figures reveal that from 2008-2010 200,000 small businesses shut their doors.  Three million jobs were lost when those companies closed up shop.

Americans cut spending as U.S. economic growth from April through June slowed to a crawl at an annual rate of 1.5 percent.  The slowdown indicates that the economy may be stalling three years into a sluggish, mostly jobless recovery that began when the last recession technically ended.

A growth rate of 2 percent or less does nothing to lower unemployment rates, which remained stuck at 8.2 percent last month.  According to most economic experts, growth is not expected to increase much in the second half of 2012, spurring fears of another recession.  Few economists believe the U.S. economy will strengthen anytime soon.

A less than glowing corporate earnings report, continued financial troubles in Europe and a looming budget crisis in the U.S. are all expected to contribute to further reductions in business investment and contribute to a possible economic downturn.

Drawing upon his business experience, presumptive GOP presidential nominee Mitt Romney has plans to restore jobs in America within the private sector.  He is in favor of increased domestic energy production, a policy that will stimulate economic growth and reduce energy costs for all Americans.  Romney also favors taking a stronger stance towards China on matters of trade and currency manipulation.  He has repeatedly pledged to repeal and replace obamatax, also known by the misnomer: The Patient Protection and Affordable Care Act; a reversal of that policy will disperse the clouds of doubt and uncertainty currently inhibiting job creation, business growth and capital investment.

With a successful businessman in the White House and a legislature composed of business friendly Representatives and Senators, prospects for an American economic recovery will brighten immediately.  Investors in America and especially Europe, where socialist tax assaults continue, will once again be inclined and incentivized to invest in America.

If you are one of the millions of American workers who have suffered long term unemployment or underemployment as a result of the failed “progressive” economic policies of the current administration and its “progressive” cohorts take heart, the first rays of the new dawn are just over the horizon.

http://mjfellright.wordpress.com/2012/07/27/before-the-dawn/

Moody’s Downgrades Pennsylvania

With Harrisburg already bankrupt and Scranton on the verge, Moody’s has decided to downgrade the state’s credit rating from Aa1 to Aa2.

Citing unfunded pension liabilities, high debt and slow to moderate growth the rating agency also changed it’s outlook for Pennsylvania from negative to stable.

On the upside, Moody’s says that the Government has improved with “two consecutive timely budgets, significantly reduced reliance on non-recurring resources, and a demonstrated willingness to balance revenue shortfalls early in the fiscal year”

Of the state’s economic outlook they cite “Diverse, broad, and relatively stable economy, with wealth levels slightly above the national average, buttressed by its large health and higher education sectors.”

As for what could lead to further degradation of the state’s credit rating Moody’s says “Further economic deterioration that leads to worse-than-expected revenue performance. Higher-than-budgeted depletion of reserves in the near term or an inability to restore budget stabilization fund over the medium term. Further liquidity decline that results in increased external cash flow borrowing, deferred payments, or other cash management tools, and growth in long-term liabilities, increase in fixed cost pressures, or additional deferral of pension costs.”

He Said, She Said with Demetrius & Stacy

 

 When: Wed, July 25, 10PM EST/7PM Pacific

Where: He Said, She Said on Blog Talk Radio

http://www.blogtalkradio.com/cdnews/2012/05/31/he-said-she-said

What: Have you ever wondered what Black Conservatives think about the political issues of today? Well wonder no more, “He Said, She Said” with Demetrius and Stacy. brings you an inner peek into the mind of the conservative, bold, full strength, and unfiltered.

Tonight: Special guests: Ben Howe, Creative Director at Mister Smith Media and Contributor to RedState.com. Twitter: @BenHowe and Kira Davis, Actress, blogger and host of “The Dark Side with Kira Davis” on Conservative Daily News. Twitter: @kiradavis422

He Said, She Said with Demetrius & Stacy

                                                    When: Wed, July 18, 10PM EST/7PM Pacific

Where: He Said, She Said on Blog Talk Radio

http://www.blogtalkradio.com/cdnews/2012/05/31/he-said-she-said

What: Have you ever wondered what Black Conservatives think about the political issues of today? Well wonder no more, “He Said, She Said” with Demetrius and Stacy. brings you an inner peek into the mind of the conservative, bold, full strength, and unfiltered.

Tonight: Special guests: Michelle Malkin: author, blogger, Fox News Contributor and founder of Twitchy.com. Twitter: @michellemalkin, Kathleen McKinley: Political Blogger for The Houston Chronicle. Twitter: @KatMcKinley. and Stacy Mott: Co-founder of Smart Girl Politics. Twitter: @Stacy_Mott

America Does Not Build Business, Business Builds America

In a speech given Friday to supporters at a campaign stop in Roanoke, Va., the current Oval Office occupant told business owners they owe their business success to government built infrastructure saying:

“If you’ve got a business, you didn’t build that.  There are a lot of wealthy, successful Americans who agree with me because they want to give something back.  If you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there.  It must be because I worked harder than everybody else. Let me tell you something — there are a whole bunch of hardworking people out there.  If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that. Somebody else made that happen.  The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.”

http://www.foxnews.com/politics/2012/07/15/obama-dashes-american-dream-suggests-nobody-achieves-success-alone/

What about the Pilgrims who immigrated to America on the Mayflower in 1620?  Were they only successful because of government built infrastructure?

What about those who settled in Jamestown, Virginia?  Their journeys were financed by wealthy Englishmen, via such charters as the Virginia Company.  Their leader John Smith, to convince Jamestown colonists to prioritize growing food and building shelter said: “he who shall not work shall not eat.”  Where were the roads and bridges when they arrived?  Were there big government bailouts for those who decided they “shall not work”?

Early American landowners who needed laborers paid for a laborer’s passage to America provided they contracted to work for the landowner for several years upon arrival.  By exchanging their passage for work, immigrants could hope one day to start out on their own in America.  Does that not sound like a private business venture?  Had Washington DC and “progressive” government been regulating and taxing this process, North America might still be an unsettled wilderness.

What about the American Pioneers, who set forth across America via steamboat, raft, covered wagon, stagecoach, on foot, mules or horseback?  America’s Pioneers brought their own dishes, clothing, bedding, farm animals, and weapons with them because there were no stores to buy these items.  There was no American system waiting for them to arrive.  There was no government built infra-structure.  Did they log on to the Internet and use a map site to find their way to the Santa Fe Trail or the Oregon Trail?

What about Alexander Graham Bell, the inventor of the telephone?  What about John Moses Browning, inventor of the semi-automatic shotgun?  What about Willis Carrier, who invented Air Conditioning?  Then there is Samuel Colt, inventor of the Colt Revolver.  How about him?  What do you have to say about Henry Ford, inventor of the moving assembly line?  What about Robert Fulton, the inventor of the steamboat?  What do you have to tell about Charles Goodyear, who invented vulcanized rubber?  What part of big government infrastructure inspired Cyrus McCormick to invent the mechanical reaper?  Did Samuel F.B. Morse invent the telegraph and Morse code, or did someone else make that happen?  Did Dr. Jonas Salk, inventor of the polio vaccine not make that discovery himself?  How did Eli Whitney, inventor of the cotton gin, come up with his invention if not for his natural ability?  What about Orville & Wilbur Wright, the inventors of the airplane?  Was their work a product of government research intended to allow passenger airlines to make money off the invention?  That is about as likely as “Government research created the Internet so that all the companies could make money off the Internet”.

All of these people were successful and they got there on their own.

The outlandish remarks made by he who hopes for re-election display an utter disconnect from America, from who Americans are, how America was built and how America works.  This is not surprising, coming from someone whose childhood was spent outside America.  The closest he ever got to America is Hawaii, where his time was spent playing basketball, tokin’ bud and whiffin’ lines.  Thanks to his parents, his grandparent, his childhood mentors, and his radical college professors his “knowledge” of American history is rooted in the anti-American institutionalized “progressive” leftist view of America.

That view is based on the notion that American history starts when big government socialist programs were introduced during the twentieth century.  This view disavows all the values and traditions upon which America is built: an adventurous spirit, willingness to take risks, self-reliance, inventiveness, hard work, self-sacrifice and resolve.

The irony is, someone who takes such pride in his academic achievements is incapable of grasping an idea that is simply academic: America did not build business.  Business built America.  For America to recover from “the greatest economic downturn since the Great Depression”, it will be business that builds America, not the other way around.

http://mjfellright.wordpress.com/2012/07/17/america-does-not-build-business-business-builds-america/

American Energy Means American Recovery

There is widespread consensus that America needs to become energy independent. America’s ever growing dependence on foreign energy putsher at ever-greater risk in a world that is increasingly unstable. Given the current political upheavals in the Middle East, this reality is slapping America in the face with increasing costs at the pump, which are contributing to the cost of goods and services to consumers.

“progressives” feel a compulsive obsessive need to force Americans into accepting their “green energy” fantasy. Three plus years of actions taken by the current administration and fellow “progressives” show a willingness to achieve this end at all costs, come what may. Stiffer standards on auto emissions and mileage, crushing EPA regulations on energy providers, opposing development of domestic energy resources, copious deficit spending on inefficient and noncompetitive solar, wind, tide and bio-fuel technologies litter the landscape of the White House’s failed energy policy.

While such “progressive” measures theoretically “promote” development of “green” energies, they dictate a highly impatient, frantic pace that is crippling the American economy at a time of tremendous fragility. They force the issue at the worst possible time.  During a stubborn, recovery resistant recession that is quite possibly teetering on the brink of a full-blown depression.

America’s public and industrial infrastructures are based on the use of petroleum, natural gas and coal, as well as limited nuclear power. Nearly every vehicle that is driven on American roads burns gasoline or diesel fuel. Public transportation relies on fossil fuels as well. Natural gas, heating oil and coal are used in furnaces to heat homes and places of business. Coal and nuclear power generate electricity, which powers countless devices; the uses of which are taken for granted every day. Coal, natural gas and petroleum products power American’s industrial complex, the base of the economic engine. America’s economy depends heavily on existing energy. The methods of providing and consuming energy are deeply ingrained into American business, industry, home life and recreation.

Expecting to change the methods of powering a society of over 300 million people overnight is impractical. It will take time to finish such a task. More time than most of the general public realizes. While whatever conversions that make sense are taking place, what energy is going power manufacturing, delivering and installing windmills, solar panels, turbines, generators and the power grid needed to provide “green” energy to the public? Will it be the “green” energy that is still under development? No. The energy that’s going to be used will be traditional fuels.

Why does America continue to spend hundreds of billions of dollars on foreign energy while there is undeveloped energy in its own country? Why doesn’t America keep those billions of dollars at home, in its own cash starved economy?

At a time when millions of Americans are looking for work and its economy is starving for liquid capital, why doesn’t America take advantage of its own wealth of natural resources? Why aren’t Americans drilling for oil and natural gas or digging for coal? Why aren’t people working building refineries and power plants? Why aren’t people delivering gas, coal and natural gas to consumers? How many peripheral jobs will be created in the process? For every new oil well, power plant, refinery or mine there will be new roads built, followed by restaurants, stores and housing. All generated by the only force capable of powering America’s economic recovery: the private sector.

In the interest of national security and job creation, America should put Americans back to work delivering American energy to Americans. This is the best way to become energy independent. Forcing “green energy” on America overnight will only lead to economic destruction.

http://mjfellright.wordpress.com/2012/07/13/american-energy-means-american-recovery/

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