Radioactive Constitution

How liberals treat the US Constitution. Lots of Distance, Minimize time and plenty of eye shielding.

Freedom! A concept lost on many Americans

 What is Freedom?  Can you tell me what you consider to be freedom? 

My concept of Freedom is to be left alone. As long as I follow the laws Government at any level should not be telling me what to do.  Look at New York City, the Mayor is a big joke. He tells people what they can eat.  He tells Christian Church that was destroyed on 9-11 how big they can build their Church yet Allows a Mosque to be built that is even bigger than the Greek Orthodox Church wanted to be.  Government restricting Christian Churches but bends over backwards for another religion.  Soon the Mayor will say you can only buy products that provides political support to him.  Tyranny takes many forms.  Sometimes it is slow and you do not notice it until too late.

  Lets look at the destruction of the Greatness of America.  What makes America the Greatest nation on this Earth.  It is Freedom of the people from the tyranny of government.  So many nations in the world Governments are there to control the people. Limit what the people can do. And take what they want from the people.  So often our support to help third world nations ends up in Swiss Bank Accounts.  Because the Government takes it to fill thier coffers first before they let the penny or two get to the people. 

   In the past 18 months or so. We see our federal government mandidate Health Care.  Requiring everyone to have health insurance or pay a fine.  When they are taken to court they change the description as a tax on those who do not have health Insurance that is equal to what Government says you have to have.

  What about our borders? The federal government is looking at releasing all illegals if they have not committed a crime and not deport them.   Lets see high unemployment bring in more illegals into this country.  So will our next election be determined by non US Citizens. Because you know these illegals do vote in many areas.  New York State has non citizens voting in elections.  So what prevents other states from doing the same thing.  Vote Democrat and we will not kick you out of the country. Vote Republican you must be a criminal and need to be deported immediately.

  Cap and Trade discussions passed the House.  Government increasing the cost of the people to have homes due to higher cost of energy. Limiting choices of products we can buy because now we have to bring goods from other countries because it will be far cheaper to build products in the rest of the world.  Energy is consumption must be controlled by the government.

  Bailouts.  How many trillions of dollars have been spent on bailouts.   Where are the jobs? Most of the money was spent growing government size.  Does that grow the economy or like cancer eats away at our freedom of Choice. More money will be required to be given to Federal, State, and local governments to maintain these new employees. Where does the money come from. Small Businesses and Large Businesses will have a larger tax burden. That will cause prices to go up on goods made in the US or people get laid off in the private sector to pay for all these new taxes.  The bottom line it is you and me that will have to pay. Again loss of freedom on choice of where to work.   Maybe the federal government will assign you a job like the Old Soviet Union.  You do the job they say and like it.  No freedom there.  Once again a little more freedom is lost. 

  Where is our freedom?  Our country was built on Freedom of Religion yet Government wants to remove any reference to Religion from our Schools, From Government Buildings and even monuments.  Because it offends someone.  So the American concept of freedom offends someone like politicians they will want to do away with it. Because they know what is best for us.  Only they know what is good for the people. Like New York City one restriction after another Until we the people are serfs like so many other citizens in other third world Countries. 

  I wonder when the Federal government will outlaw the US Constitution.  Our politicians say an oath of office saying they will uphold it yet many of them seem to have crossed their fingers when they took this oath. Because they seem to forget that the US Constitution was written to limit the Federal Government. Yet they want it to grow and grow.  A cancer to the freedom of we the American people.

  So tell me what is freedom to you?  Is it removing the Evil Christians from the country?  Is it removing personal responsibility and have government give you what you need. Is Government your new god. 

  Is it to shop around for a judge that will support your idea of a perfect nation?  Allow a judge to prevent any development or use the courts to prevent competition that could put you out of business.  Or fake an injury and use the court to get a million dollars. Or spill a cup of coffee on yourself. And blame the company you purchased it from.  Who wins. Lawyers they get richer and richer using victim hood to take from those who work hard and try to get ahead in this world. 

So what is Freedom?

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Is the Christian Churches in America Becoming a Jonestown type Christianity?

    I want you to think back to 1978.  In Guyana a settlement called Jonestown where 909 members of the Peoples Temple led by Jim Jones died.  Rev Jones was a Socialist/Communist who was selectively teaching verses from the Bible. Claiming to be Christian but in fact was a Cult.  (http://jonestown.sdsu.edu/AboutJonestown/Tapes/Tapes/DeathTape/death.html)

   I have had some discussions with my dad over the last year talking about the Church Leadership of the Church I grew up in.  The discussions we had talked about how the Church Leadership was to limit what can be discussed in Sermons at the various Church Pulpits.

  I fear that once you tell ministers what you can preach and what topics you are not allowed to preach that have Biblical Truths you are turning your back on the Bible.  It is like the Church I grew up in is becoming a CULT.   Because only what they want preached is allowed.  Church leadership controlling what is allowed to be taught from the Bible.  Ministers who fail to follow their orders could lose their churches.  In some cases Community Churches are threatened by the Church Leadership that they will lose their church buildings because they belong to the Leadership not those who built and paid for them in their small towns.

  Rev Jones was about control and Manipulation.  Are our American Churches going down this same road? Are they manipulating the Bible to teach what they feel is socially Acceptable?

   Are our American Churches turning their back on God and the words he provided in the Bible?  It brings to mind the 7th Church listed in Revelations 3:14 to 3:19. The key part where God rebukes the church “So then because thou are lukewarm, and neither cold nor hot, I will spue thee out of my mouth.”  A hot church is one that is faithful and Active.  A Cold church is one that is dead.   Many Church leaders see us as a Social Life.  Not a growth in our beliefs in God.  To be a good Christian one must continue to grow and understand.  Church is not there to feel good but to challenge us to grow in our Faith in God.   You cannot buy your way into heaven.  It is by faith not works.  On Judgment Day it each of us must face God and stand on what we as individuals have done.  You cannot blame others.  You cannot claim I did not know.  We are saved by Grace But we have to use our knowledge share and grow.

   Yes we are human no one is perfect but just as it is written in Revelations 3:20 “Behold, I stand at the door, and knock; if any man hear my voice, and open the door, I will come in to him, and will sup with him, and he with me.” 

  To the Churches of America, Jesus is knocking at the door. What will He say about your stewardship and guidance of the Churches that you have supervised?  Will he say you were a good and Faithful Servant or will He turn you aside?  Do not turn your back to all that the Bible talks about.  There are lessons to be learned. We grow as we study the whole Bible not selected portions.   We are to be challenged because only then can we grow as Christians.

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Job Creation: Where are the jobs?

  Recently a study was released showing where the greatest job creation/Losses are over the last 5 years.  This is a pretty good indication of what has happened over this period of time. 

  So 40 states had fewer jobs in May 2010 than they had in May of 2005.  I highly recommend reading it. Because in that period of time North Dakota and Alaska have the largest job growth. Both states have an economies that have weathered the storm of the current recession. 

Overall, the United States lost 4.51 million private-sector jobs from mid-2005 to mid-2010, it said. The study used U.S. Bureau of Labor Statistics data from the 50 U.S. states and the District of Columbia

  A true measure of the amount of work that needs to be done to fix our job creation.  The last 2 years has lost a lot of jobs.  No way can we recover to the number of jobs in this country with the way things are going. With the pending tax increases next year when all the Bush Tax cuts go away. Do you think we will get job growth with all the increase costs of doing business including more paperwork and a bigger tax bite? 

   So I say where are the future jobs going to come from?  I wish I knew.   I know so many people that are out of work and want to work.  Who is going to be able to work to pay for our Growing Government. Because they are growing bigger and bigger. Private sector is not growing but Government employment sure is.  Think about it.

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Taxes in 2011 are going up.

 Yes the Bush Tax cuts are going away.  How does that affect each and every one of us.  Tax law has changed many times since it was initiated originally as a tax on the rich.  And over time it has affected everyone. 

Historically I saw the table for when I was born. This same tax table was used from 1954 to 1963 Page 47 in the PDF file I have linked here.

Individual Income Tax Parameters
Married Filing Jointly
1954-1963
       
Taxable Income Rate
       
$0 - $4,000 20.0%
$4,000 - $8,000 22.0%
$8,000 - $12,000 26.0%
$12,000 - $16,000 30.0%
$16,000 - $20,000 34.0%
       
$20,000 - $24,000 38.0%
$24,000 - $28,000 43.0%
$28,000 - $32,000 47.0%
$32,000 - $36,000 50.0%
$36,000 - $40,000 53.0%
       
$40,000 - $44,000 56.0%
$44,000 - $52,000 59.0%
$52,000 - $64,000 62.0%
$64,000 - $76,000 65.0%
$76,000 - $88,000 69.0%
       
$88,000 - $100,000 72.0%
$100,000 - $120,000 75.0%
$120,000 - $140,000 78.0%
$140,000 - $160,000 81.0%
$160,000 - $180,000 84.0%
       
$180,000 - $200,000 87.0%
$200,000 - $300,000 89.0%
$300,000 - $400,000 90.0%
$400,000 - and overa 91.0%

So you can see a various large amount of tax was taking more and more money from people when the higher the income the government took a bigger bite.  IF you made over 36K over half of the money you made went to the IRS for every dollar you made.  So where was the incentive to work hard.   The government was taking a bigger and bigger bite.

The Current Tax rate

If your filing status is Married filing jointly
Taxable Income  
  But not Marginal Rate
  Over —      over —
     
$0 $16,750 10%
$16,750 $68,000 15%
$68,000 $137,300 25%
$137,300 $209,250 28%
$209,250 $373,650 33%
$373,650 and over 35%

So what will the new tax rate be that we will be facing.

If your filing status is Married filing jointly
Taxable Income  
  But not Marginal Rate
  Over —      over —
     
$0 $45,200 15.0%
$45,200 $109,250 27.5%
$109,250 $166,500 30.5%
$166,500 $297,350 35.5%
$297,350 and over 39.1%

I am providing the tables for Married Filing Jointly. Since that is all I have from the 50′s. Remember no matter what your income you taxes will go up.  The BUSH TAX CUTS were for everyone.  Sure this is just a guess but by current law this is where it will be at.  There is a lot of laws out there that may do some adjustments to this tax increase.  The exact brackets may changethe Max level may go up or down before it hits a person. 

  Listening to Obama they may lower the Max rate to $250K to hide the fact that everyone will have less money in each pay check.  How the tax increase affects you will be noticed when you compare your take home pay on Dec 31 to the Take home pay on Jan 15 or Jan 31.  Your take home pay will go down.  Keep that in mind as you look at what you spend for Christmas or Christmas Holidays.   

  Now add in the increase in Medicare Taxes we have had already taken out for the last half of this year.  Any new taxes on Oil due the spill. Increase costs to banks to lower income from our savings.  We are going to be hit from all sides.

Things I see is a tighter lending to buy anything.  Loans will be harder to get.  Some people think this will increase the tax revenues to the federal government. But the unfortunate side affect is that they get more money this year as people take profits before the tax increases next year. People may move money out of the Stock Market.  People will move to investments that pay the greatest group. 

  That may mean less money available for farmers to plant there crops which could mean less food produced in the US.  Increased spending by the Federal government is weakening our Dollar which could mean less buying power due to inflation.   Uncontrolled spending reminds me of Nero.

Nero needed more money to rebuild Rome after he burned it down and he blamed the Christians for the fire.  His solution. Since he only had so much gold.  He added slugs to the gold.  By Roman law the coin was suppose to be solid gold.  He put a slug in the middle and coated it with gold so that he could stretch his gold supply.  He thereby made his money worth less than it really suppose to be.  So he was doing what congress is doing today printing currency that has no added value. IF not lowered the true value of their currency.

  The cause and effect is less purchase capability.  So it becomes inflation.  I know that the Federal government changes what they track so they can claim that there is no inflation or very little. I have seen my food cost go up.  Is that not inflation.   If something was $1 three years ago and today it costs $2.  The increase in cost means If I want to buy that product I have to pay more for it the price is inflated.

The cause and effect of the tax increase is there will be less money in our pockets to buy items to grow the economy.  This will slow down the economic growth.  If not kill it for a year or two.  Everything depends on what happens in Washington DC on Federal tax rates and Spending.

  No wonder the Democrats in Congress refuse to vote on a budget. They do not want the people to know how much they are spending. How much more debt they are adding.  They will just claim it is BUSH’S Fault. And take no responsibility for their spending habits. They have been spending like Republican but on STEROIDS. 

  I want to ensure everyone knows that the last two Bush Budgets where approved by the Democrats but they spent more money than Bush Requested.  The budgets were considered dead on arrival because not enough money was spent.   Who is to really blame for the last two years of excessive spending. Bush is partially to blame because he would not veto any spending bill no matter how much it was increased.  But Democrats are to blame for most of the deficits in those last two years because of their spending.

So what happens in the next few months can have a big effect on what will happen next year.  The more money taken out of the economy means the less to grow the economy.

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Black Female Candidate off the Ballot in Chicago

 Mike Flynn at Big Governmentbroke this news.  Have not had a chance to see everything.  Here is a Republican for State Senate being kept off the ballot by Democrats. They do not want anyone to contest their right to Maintain their seat in the State Senate.  Maybe that is the only way Democrats can win elections this cycle is to prevent any opponent from being on the ballot. That the Hope and Change requires a rubber stamp. Democrats only on the ballot. Sounds like the 43rd State Senate District is trying to be a Banana Republic.    You get only one choice.

   The sad part is that this is a Black Woman could there be other reasons why Chicago wants to prevent her from being on the ballot.   Maybe she can out talk the Democrat Candidate.  Maybe she has better ideas than the Democrats. OR is it just because she is a Republican. Or is it because she is Black.  Who knows.  Democrat Machine in Chicago is doing its best to keep thier power.  Maybe they could not see a way to stuff the ballot boxes to keep the seat. So they had to resort to removing her from the Ballot

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Farmers in Minnesota have a drop in Income.

   An interesting article found on AgWeb.com They talked about a survey of Farmers in Minnesota.  They were summarizing the PDF file from the Minnesota Farm Financial Update 

I provide the links so you can read the articles.  But over all The total debt on farmers in Going up.  The value of the land is going up so the farms are not in too much danger of going broke.  But still you have to make a certain amount of money to feed your family.

The debt repayment capacity of these farms fell dramatically in 2009. The average farm generated only $1.03 of earnings to pay each $1.00 of scheduled term debt payments (Figure 7). Most lenders are very concerned when TDCR declines below 1.1:1.

But that means in English is that the farmers profit on average is 3 cents after paying their lenders.

The median net farm income for last year was only  $33,417  but as shown in the the PDF file the income in 2008 was nearly three times that level.   $91,242.   So the recession has lowered the net income for farmers to 1/3 the levels of the previous years. Yes there are up and down years.  I would recommend all people to read the pdf file and see what factors have affected one state.  Still looking for information for other states. 

   I know my food prices have been going up. It sure has not been going into the farmers pockets.  If a farmer can not feed his own family that is a problem.  Who can keep making food to feed the rest of us if they can no longer afford to grow crops or heard cattle. So who is going to feed America in the future?????

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Declaration of Independence the Root Causes for its signing

  I was reading the Declaration of Independence the important point to understand is that it listed the problems the Americans had with King George.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

Looking at this list though it is over 200 years ago. Has tyranny changed?  Are any of theses items taking place today in our society? It is important to read this section and look at how far we have fallen from the ideals of Government.   Look at your Federal Government, Look at your state Government

Look at the problems our founding Fathers faced.  They put their lives on the line.  By signing this document with these accusations would be considered treason.  Questioning the King of England was  a very dangerous thing.

Today are people trying to make a new king?   Our future will be determined by the actions of our elected officials.   Are our elected officials repeating the mistakes of King of England that caused our rebellion.  Is History going to repeat again?

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How to Grow the Economy!!!!

  What does it take to grow the economy?  What Factors are more important?

Lets define Economic Growth.

   Economic Growth is where the economy gets stronger.  More Goods are being produced.  People buying more things.  Produce a product that people want and make it more valuable.  Take for example a cook.  You take the food you buy in the store and make it into a delicious meal.  You added value to the products you cooked and Prepared. 

  So the question is in the United States what have we added that increase the value of our products?  What makes our products better than other places of the world?  By building a better product can we have an Economy that grows.

  To grow the economy we have to take what we produce in this country and keep the money in this country. Or sell more products to others than we buy back.  That has not happened in many years. To wisely use the natural resources and produce something others want.  Or make things that allow others to improve the efficiency and lower the cost of making goods to sell to others.  Adding value so that things move more efficiently thus lowering cost.  Or lower the costs to build items.

   What kind of things affect the production of Goods and Services?

    Electricity/Power.  This is needed in all production of anything.  It takes power.  No matter what we do in this country. Power is necessary to keep our economy running.  Without uninterrupted power can you build something.   Power needs are needed at every level of production. Getting Raw Products to Final production of the product.  Energy is needed.  The cheaper the energy the lower the cost of producing the product.

  Raw Materials.  Can we get our own raw materials to build something or do we have to depend on others to provide us with essential raw materials to build it.  Take solid state equipment. Rare Earths are needed to produce these products.  We use to mine them in the  US to provide for our products.  Now 80-90% of the Rare Earths are produced in China.  Production of Rare Earths in the US started in 1985.  So if we need to have rare earths to produce products we are dependent on China to provide them. So if you control a market you can make the profit from those items.  

On a side note I found this article on Clean Water from the Sun/Electricity from hydrogen Here is a unique US idea to provide power and clean water using water and Solar power.   Many of these components like the Solar cells will need Rare Earths.  An idea that would help the world.  Expensive to build but makes a great model of innovation that comes from ideas.

Americans have many great ideas.  Yet to put those ideas to work and see if they will work takes money and resources.  IF an idea succeeds they make money and produce jobs.  Growing the economy.   What ideas need to get the investment capital.  Where are the new IBM’s, Microsoft or Apple companies.  Each of these companies grew out of ideas and became successful. 

  To grow the economy we need more capital to develop products that will be the new great companies of the world.  It is not Government choosing the winners because when Government invests it invests with those that provide political support.   Politicians are clueless when it comes to innovation.  They look at what cut they will get and push those ideas that give the the most value political support or Financial gain.   The winners of the game are those with the most political clout.

   Innovation is were we try hundreds of ideas and figure out which one will work out the best.  Look at the History of NASA.  Pure research that has given us thousands of products we use every day.  Not looking at one size fits all but looking at ideas to improve space travel. The spinoffs have been huge.  Just like the article I mentioned before taking ideas and combining them in an unexpected way to produce a product that adds a lot of value in the end. 

  Innovation and ideas putting them to work.  It is not Government spending it is Investors with money to see the value of an idea and take a chance with their money to develop the product.  It is risk.  Sometimes they get richer because they selected the right product to invest in.  Sometimes they lose every dime they put into a product because it did not work or another product took the idea in a different direction that became successful.  But in all cases an investment in producing an idea is required.

  Government taxes remove money from these investors.   Making less money available to develop new ideas.   If taxes increase too high the investor must find ways to make money. Sometimes they invest OVERSEAS. They take the idea and produce it somewhere else in the world where costs are lower.  They want to make money.  Whereever the ideas is built and chances taken and it becomes successful the area that allowed the growth and development will have a part of their economy growing.   Governments state and local sometimes give tax deals to companies to relocate to their states.  That gives incentive to expand or open new places to build their products.  Overtime government may increase costs to a plant. The plant then closes because it is now too expensive to make the product in that area.  The plant closing causes the economy to shrink. If a company has 3 employees or thousands of employees the lose of the business makes the economy smaller. 

  Government regulations increase the cost of producing products.  Because the business has to spend money to fill out the paperwork to satisfy to the Government that it meets the regulation requirements.  Or resources have to be spent to satisfy regulation rules from any level of government.  If a company can afford to move to another state to do there production.  Lets say they have 4 factories in different states.  They find that one factory is making the product at double the cost compared to other factories. Would it not be wise to expand the factories that is most cost effective in production.   Maybe they will keep the expensive one open due to some consideration but they will move more of their production to other areas where they can increase their profits. And also lower costs they can sell there product for less and can maybe export them to other countries and be competitive. 

Or Government costs to allow you to have an employee makes it very expensive to hire a new person.  The cost of hiring an employee takes many levels.  You have salary to consider, matching SSN payments, Medicare payments, Health Care expenses and even the cost of paying for vacation time.  Then you have the State and Local regulations that have to be met for expenses.  Each expense has to have some profit to cover the cost of a new employee.  Sometimes in a down market the business has to lay off employees because they are not making profit enough to keep the current employees employed.  JOB LOSS.  So each time you have any level of government demanding a cut of the profits of a business it means less profit and less chance of Economic growth.  Business want to keep their doors open but they have to make enough profit to keep them open.  Taxing them out of existence because of need for more and more money in the long run prevents a company from expanding. If they can not find a way to expand how can they grow the economy? 

  It takes no rocket scientist to understand to grow the economy you need to have capital. Capital has risks and often times the Invested money is lost.  But when you have success you want to make up for the failures.   So you can invest in more ideas.  The more money left with the investor who takes the chances the better chance he/she will find the new Microsoft/IBM. Making the investor richer but at the same time providing jobs to those who are building this new product.

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Greece economy a sign of the Future of US????

  The economy in Greece is very bad.  Unemployment is huge.  Though it is a very small country. Unemployment rates in the double digits is nothing but trouble for Greece.  Their economy has been hurt by many factors. But the unsustainable debt and Unaffordable politician promises has made things very difficult for Greece.

  In the US our debt is not at the level Greece is at but at the spending levels we see of over a Trillion or more in debt spending.  4 Times more than any Bush Deficit.  With Trillions of dollars of expected debt over the next few years. The US must make difficult choices to maintain our country. 

  Riots in Greece could they happen in America.  Yes they can.  Unions demanding more and more money and benefits in a poor economy.  That hurts hiring new people.  People who are underemployed.  That is those working part time jobs or working for jobs for a lot less money than they use to make.  Means lower revenues for the Federal government.  Which means Higher taxes are coming.  Not this year since it is an election year. Next year we have the biggest jump in taxes ever in US History.  Our economy is very fragile at the moment. Next year when the tax increase takes place by all the Bush Tax Cuts going away means we could see what is Called a ‘W’ recession.   We start seeing some improvement and bang another big drop in our economy.  

    Will Democrats in congress cut taxes in a recession. I do not think so.  The original stimulus package was a waste.  Fraud took place. A portion of that money disappeared.  A portion of that money went to Political members friends.  Our economy has not recovered. 

   Now we see unemployment normal numbers will be in the 9% range for the next year or two.  That is not a good sign.  We are hurting for jobs yet they talk of open borders and citizenship for those who entered our country illegally. All of which means less jobs for the current US Citizen population.  There are only so many jobs in this country. How often do you see ICE raids a company and finds illegals.  They are deported. I know in Oregon 3 people for each new opening were standing in line to get this job that was claimed American would not do.

  But our climate in the US seems to be getting closer and closer to a Giveme  attitude. Government has to give me this. Give me that.  You can not take away from me.  If there is no money how can the US government or even State governments continue to fund social programs.  Watch as people will play various cards to get the people angry.  Common sense does not exist anymore from our local leaders to our National Leaders.  We seem to go from one crisis to another.

  The dangers I see are big cities. Like LA. It has a history of riots and if our economy takes another dip. Watch marching in the streets.  I as an American fear the worse but hope for the best out of our citizens.  Yet there are always those who use it to gain power. 

   Chicago is asking for help from the National Guard.  The gang problem is out of control. The Police seem like they can not handle the situation.  All signs of turning at least Chicago into a police state because of the Gang problems that were allowed to grow out of control.

  Many factors can affect our future.  The bottom line is what our politicians do in the next year or two will determine the outcome.  We either start taking control of the spending or they will spend us into an economic crisis similar to Greece in a few years. How the people will react because now the cuts have to be huge.   If they stop the spending and keep the growth in check it will not hurt as bad as if we ignore the problem and say the next congress can handle it.  We need statesmen not political hacks in our elected offices.  We need people willing to make the tough choices.  And that means Unions do not get a free ride.  We all have to work together or we will fall apart like Greece.

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Economics 101

 What is Congress thinking?

I have a friend that said only government has money so they can spend us into a recovery.

What a lie.  Government has no money. They only have our money to spend. We the people pay our taxes. It is that money they spend.  How can you say they are the only ones who have money.

1. Well they can print money.

     Currently that is what they are doing.  Print money that does not exist.  Pretend they have unlimited money to pay for their unlimited promises.  We know that they are spending over  a trillion dollars more than they get from tax collections.  And that includes our SSN and Medicare money.  A trillion dollars more.  So what affect can this have on our economy. The more spending the greater the chance of Inflation.  That means your dollar will be worth less.  Less buying power.  We had inflation under President Carter’s Watch. Are we building to repeat his mistakes.

2. They can borrow money for the people or foreign investors.

   This means we are selling our freedoms to countries that do not believe in freedom. We can continue to sell our bonds. But the big problem is that they may not continue to buy it.   The US Dollar has been the world currency standard.  Now there is talk of removing it as a standard.  Other countries up to now have been buying dollars to stablize our currency. With the world economy hurting how long will our dollar be stable.  One other factor is the EU currency is losing value.   They have it very tough also do to their Social program spending that has grown out of control.  So what will be the leading currency in the future?   It all depends on what Congress does in the next few months. Will they stop the spending or will they spend us into inflation.

3. They can raise taxes.

  Well this is already happening.  They are raising taxes. Taking money out of the economy that could have been used to help us work our way out of this recession. The more Government takes at all levels. The less chance we have to recover.  The main reason is they do not leave any money in the Economy to allow businesses to grow.  If the governments, Federal, State, or Local government increase taxes or fees. Less money available to recover from the current recession. Government spending eventually causes a recession to last longer.   They can only help in the first year. After that they will do things to make things worse.  There is a very fine line.

Remember there is a finite amount of money. Once it is gone. How do you pay for the social programs?  Who will be available to pay for all these social programs?  Remove the money from the economy you cause it to stop growing.  I hear the calls of saying all the problems is due to capitalism.  But without our Businesses. Everything will collapse.  Who will hire you if all businesses are evil?  The GOVERNMENT, well if you are on the government payroll and you get rid of businesses who will pay the salaries.  The tax revenues will drop and you have to raise taxes which means more businesses go under.  Starting the spiral of Government taking more and more to do all they claim they must do.  In the end BUSINESSES are the Golden Goose that Government is cooking for your last meal.

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