Showing posts with label government spending. Show all posts
Showing posts with label government spending. Show all posts

Tuesday, August 4, 2009

Wait a Second....

Yes, at times I'm a bit slow but with my five lovely children running around sometimes my mind is on other things.

Tonight it just dawned on me that apparently Cash for Clunkers has been a big success. BUT, it's been less than a year ago that banks didn't have money to loan and now they must be turning out tons of loans for cars right. Aren't cars a bigger risk than a house? Maybe even a riskier loan in a down economy where unemployment seems to be going up on a daily bases.

So, banks still have TARP funds. Dealers still have the money they "borrowed". Now the government is giving out more money than even my parents in my lifetime would have given me for a down payment on a car. Interesting.

This is the part of the circus where everything is at the middle at once and you just can't look at one act or you may miss another.

Friday, July 24, 2009

Vacation Time

I saw that on the Yahoo homepage that Obama is going on vacation. My first thought wasn't even about the money, nope, that came second. My first thought was, don't most people have to work at their job for a year before they get a week of vacation.

Obamas Headed for Vineyard Vacation

It's hard to pick the perfect escape when you're the leader of the free world. But word has it that the Obamas have found the hideaway they need: A 28-acre, $20-million property on Martha's Vineyard Island, off the coast of Massachusetts, called Blue Heron Farm. The 10,000-square-foot retreat has everything a president wanting some downtime needs, including a swimming pool, basketball court, and golf tee. And it is even dog-friendly.

The Obama family will pay its own way for a one-week getaway at the end of August, and it's not cheap: Rents reportedly run from $35-$50,000 a week for similar homes. (Not surprisingly, the town of Chilmark, where they're headed, was voted the most expensive small town in America a couple years back. And that was before the First Family said they'd be coming.)

While it may seem elitist in mid-recession to turn up at an exclusive resort, consider this: The Secret Service rejected some 20 other vacation spots before Blue Heron Farm got the seal of approval.

As the AP notes, the Obamas' visit is not as bad as you think—it actually adds to the rich history of the place: In the old days, black families vacationed on the island because they were unwelcome elsewhere. Now prominent African Americans who choose to spend their summers there include director Spike Lee, Harvard professor Henry Louis Gates, Jr. (yes, that Henry Louis Gates), and Obama's Senior Advisor Valerie Jarrett.

The cost of taking a week's vacation when you are the president is undoubtedly high. But the value of family time, we're sure, is priceless.

Friday, July 3, 2009

A Rat Jumping Ship?

Colin Powell has doubts about Obama growing government and spending too much. Perhaps Powell wasn't an informed voter? Otherwise he would have known about Obama's plans for this country.

Read about it here: http://www.washingtontimes.com/news/2009/jul/03/powell-airs-doubts-on-obama-agenda/

Monday, June 22, 2009

Obama, you scare me because...

Lou Pritchett retired VP for Procter and Gamble, public speaker, and author wrote the following open letter to Mr. Obama. The source was confirmed by David Emery at About.com

AN OPEN LETTER TO PRESIDENT OBAMA


Dear President Obama:

You are the thirteenth President under whom I have lived and unlike any of the others, you truly scare me.

You scare me because after months of exposure, I know nothing about you.

You scare me because I do not know how you paid for your expensive Ivy League education and your upscale lifestyle and housing with no visible signs of support.

You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American.

You scare me because you have never run a company or met a payroll.

You scare me because you have never had military experience, thus don't understand it at its core.

You scare me because you lack humility and 'class', always blaming others.

You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.

You scare me because you are a cheerleader for the 'blame America' crowd and deliver this message abroad.

You scare me because you want to change America to a European style country where the government sector dominates instead of the private sector.

You scare me because you want to replace our health care system with a government controlled one.

You scare me because you prefer 'wind mills' to responsibly capitalizing on our own vast oil, coal and shale reserves.

You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world.

You scare me because you have begun to use 'extortion' tactics against certain banks and corporations.

You scare me because your own political party shrinks from challenging you on your wild and irresponsible spending proposals.

You scare me because you will not openly listen to or even consider opposing points of view from intelligent people.

You scare me because you falsely believe that you are both omnipotent and omniscient.

You scare me because the media gives you a free pass on everything you do.

You scare me because you demonize and want to silence the Limbaughs, Hannitys, O'Relllys and Becks who offer opposing, conservative points of view.

You scare me because you prefer controlling over governing.

Finally, you scare me because if you serve a second term I will probably not feel safe in writing a similar letter in 8 years.

Lou Pritchett

Thursday, June 18, 2009

Cash for Clunkers Passes

Great news, Cash for Clunkers passes! (insert sarcasm) As Joe says, "It's time to be patriotic!" It's time to help our fellow American's buy a car. Oh, what's another four billion dollars anyways.

We put a band aid on GM and Chrysler by loaning them billions of tax payer dollars, part of which I'm sure was used to lobby for this bill. Now we are taking more taxpayer dollars and putting back into the car industry with the Cash for Clunkers. I guess since it's the government's business now, they have to bribe people to buy their products.

The article I read stated that "Dealers participating in the program would receive an electronic voucher from the government for the trade-in to apply to the purchase or lease of a qualifying vehicle. The bill directs dealers to ensure that the older vehicles are crushed or shredded to get the clunkers off the road."

I will be watching this closely as I'm wondering what dealers will be approved to take part in this program.

See Senate passes Cash for Clunkers Program for more on this story.

http://www.cashforclunkersheadquarters.com/

Speaking of The US National Debt

I found this video on YouTube showing a very simplified way to understand how this country is being "driven" into debt.

Change in Obama's Popularity


Yes, there are polls out today showing that the tides are changing and Obama's numbers are dropping. I've never put too much stock into polls though.

The trends I have noticed are on the internet; comments on news articles and blog comments. Amazingly unlike during the campaign the comments are more negative about how Obama is handling the issues that face our country.

As hard as the main stream media works to run positive stories and still give him a pass by not challenging him, the word is still getting out. From the looks of what I have seen the word on the street isn't good!

Does Obama seriously believe that he can spend more money than every president combined in the history of our country, blame Bush and we'll believe him? The media can help promote this ridiculous speak but the school systems haven't dumbed down America enough yet that we are buying it.

America's debt is becoming the biggest issue effecting Obama's popularity. I don't know an American that thinks it's cool to be in debt.
Check out :

Approval Ratings for Obama Slip in Two New National Surveys
Obama’s issues crumbling
U.S. National Debt Clock

If you do like polls: http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

Sunday, May 24, 2009

The Second American Revolution

Listen to this and then get fired up to tell your politicians what it is to be American!



Feel it coming? http://www.taxdayteaparty.com/

Saturday, May 23, 2009

Interest on America's Debt

Glenn Beck explains America's credit rating and the interest on what we have borrowed.