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Archive for July, 2008

Why so Serious?

Virtually every group in the population is less angry in 2008 than in 1996 — those making more and those making less than the average income; college-educated and noncollege-educated folks; men and women.
Only one major group in the population has gotten angrier: people who call themselves “very liberal.” While conservatives, moderates and nonextreme liberals all [...]

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First we get news that our economy grew by 1.9% in this quarter, which negates the arguments of a recession. And now we hear that the US monthly toll in Iraq is the lowest since the invasion. So with a economy that has positive growth and an Iraq moving towards stability, what does Candidate Barack H. Obama [...]

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You will all read or hear about the ‘record’ profits Exxon made this quarter. What you probably won’t hear about are the record profits the U.S. Government made. In the CNN report, you have to look pretty hard to find out how much the U.S. Government collected in taxes, but its in there.
“In addition to making [...]

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Recession: A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters.
Bad news for those waiting for a recession, it’s not here yet. Sorry.
http://biz.yahoo.com/ap/080731/economy.html?.v=19
~’Chuck’

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I had words with another poster from the same link.
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“Sen. Obama is absolutely correct in his assertion that proper maintenance and tire pressure, along with conservation, would save as much oil as is expected to be produced from ANWR drilling. He did not pull the facts from thin air, he pulled them from a Department [...]

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I followed the link Chuck supplied in the previous post, concerning Obama’s belief that inflating our tires and keeping them inflated will solve our problem with expensive oil and dependency on nations who supply it. I responded to the quoted text below from a guy named Victor. Thought I’d share.
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“How about scenario FOUR: which is [...]

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You can breath a sigh of relief, Candidate Barack H. Obama has solved our energy crisis. Inflate your tires. It seems that if you inflate your tires, America will be energy independent without the need of drilling. Now I have heard about pulling ideas out of thin air, but oil, that’s a new one.
Link to eloquent speech: http://www.breitbart.tv/html/142113.html

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We have all seen Candidate Barack H. Obama’s fancy foot work on the basketball court. But this week, he showed some of that same fancy foot work in his new economic plan. In earlier posts on this blog, it was shown that Obama’s economic plan called for Social Security payroll tax on incomes above $102,000.00, which would [...]

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In the mind of a Liberal, these are the thoughts you will see:
The government should pay for my health-care.
The government should pay for my education.
The government should provide for my family.
The government should educate my children.
The government should take care of the sick.
The government should house the homeless.
In the mind of a Conservative, “the government” [...]

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In Michael J. Boskin’s article (http://online.wsj.com/article/SB121728762442091427.html), it becomes clear that Candidate Barack H. Obama’s economic plan will not only impact the ‘rich,’ whose after tax wages will be reduced by one third, but also the poor and working class, who will be directly impacted by his energy taxes. As far as the ‘rich,’ his economic plan [...]

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