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Unemployment Tops 10 Percent
For the first time since 1983, the U.S. unemployment rate has risen above 10 percent. According Labor Department figures released this morning, the jobless rate rose to 10.2 percent in October from 9.8 percent in September. Payrolls lost a higher-than-anticipated 190,000 workers. The ranks of the "underemployed"—part-time workers who want to work full-time and people who have given up looking for work–also spiked to a record 17.5 percent, up half a point from September. This week, federal policy makers said they would keep borrowing costs low for an "extended period" because they expected the economy to "remain weak for a time."
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Since Pelosi came up with the Obama stimulus package I am awaiting her to tout "We Won" we focused on having unemployment only go to 10.2% this month and it is. Also awaiting the WH Washing machine Spin cycle to spew out how wonderful the stimulus is working. One thing first, why does nobody ever question the WH on their statement that they could not have known the depth of the economy's problems, when they ran a comapaign calling it the worst economy since the Great Deporession. how do you misread that?
Here is the jobs program we need, a concept and plan, incidentally I started preaching on the ballot in New Hampshire, in 1988.
"In December, 1995, Time Magazine's Richard Stengel gave Michael Stephen Levinson a one liner in his article, "Look Ma, I'm Running," a piece about unknown candidates for president in New Hampshire. "Lev" proposed building ten thousand clipper ships for a jobs program, but Stengel left out his concept of college students paying lesser tuition for crewing the ships, "sew" with or without a cargo, the clippers generate money, and pay for their building carrying cargo.
We build clipper ships, with semi-automatic computer controlled sails. College students crew the ships, get their undergraduate education via internet, and pay lessor tuition, so with or without a cargo the ships make money and pay for their building! Not complicated.
We could say to any country, we will take all of your goods without tariff, as long as the goods come to us on our clipper ships. The students could inspect the cargoes as they are loaded, with state of the art detectors, so weapons of mass destruction, or contraband, won't be coming in on our ships.
My shipbuilding program creates meaningful steady work on the East Coast, Gulf Coast, West Coast, and the shores of Lakes Huron, Michigan, Erie, Superior, and Ontario, perhaps three and a half millions jobs total wherever there is water and people need work.
Which is better for planet good ship mother earth, fleets of clippers with semi-automatic computer controlled sails, or giant container ships three stadiums long with thirty-four crewmen? Any sea mammal, napping on the sea top is dead meat for these mammoth ships and what matter, with lobbyists representing the owners stuffing the blubber down the throats of your district's I-must-be-reelected congressperson.
When my clipper ships come across hundred acre wide swaths of sea top with garbage floating everywhere, the "stew dent" volunteers will lower long boats with electric motors and rake the sea, bring the garbage aboard and, supervised by the captain, weigh it up, because the kids will be paid $100 a pound for time and trouble. This is a great way for a stew dent to "sea" the world and work their way through college. Harvard, their fleet, forty ships, will have 1600 additional undergraduate seats to fill.
Mother Nature will shine on your good deeds as a seafaring people. Her dolphins will jump the long electric motor boat bows in unison, as wild dolphins have been known to playfully jump the bows of boats when their mood arises; the gentle Right whales and Sperms, in pods, will show off their kids, and let you hop on their backs for a sea top ride.
Whoops.
I left out all that required slush money for your corrupt leader bleeders. The filthy money these people require for their reelections was excluded from my bill of lading. Recollect lobbyist slush deregulated the financial industry, nearly sinking the world's financial house!
The handing over of billions to the banks' sinkholes shows your whole congress is on the take. They all need to go.
"Sew," regardless how many decent people are stuck between a rock and a hard place with bill that must be met and no job in sight, you won't be building any clipper ships because how to, you don't know, it's too creative an enterprise, and the container shipper's lobby won't allow it to be even talked about as they own all the committee chair persons.
Expect instead your hollow Congress' derision, their laughter and spittle in your innovative ship building face. Of course you could build fleets of clippers without the government, the investment from the university endowments. Not-for-profit corporations, run by the universities whose students are the crew, could manage sailing the ships regardless, underbidding for a steady cargo, except for all your elected on-the-take bleeders in office blocking your way.
Do not expect five million jobs to materialize up and down the coasts and Great Lakes waters without your Blagojevichite congress tithing your pay.
michaelslevinson.com
Obozo and the other quacks in this Administration must be stopped. As much as I shudder to suggest this, it is the right thing to do: let's get GOP majorities in both Houses of Congress, then impeach this narcissitic wannabee before it's too late. I may sound extreme but it is the right --and the legal-- thing to do.
oliver I made one of my huge post today, restructure it for me.
They were speaking about the economy for the time not fully understanding how bad things were going to get. Are you going to tell me that you knew all along it was going to continue to go down for this past year? I don't think anyone anticipated this. The only reason this recession is not called what it actually is, a depression, is because people will panic. I don't think there is much that can be done to turn it around but to keep giving the patient medicine and ride it out until recovery.
Obama's jobs program, pushed through Congress with great hoopla in January, has failed. Obama's predictions about the effect his policies would have on the economy were wrong.
Unfortunately, it is the American people who have to suffer the burden of Obama's incompetence.
Actually, I called it three years ago (my blog). The US will probably get close to 15% by Spring.
No, this is not technically a depression. Also Europe, contrary to US-Centric expectations, is already pulling out of it.
The rot started in the US and it is more invasive there. It's been festering far longer and there is more to cut out before you have untainted flesh. The American economy got hit by a necrophage and the cure is going to include a paradigm shift in American attitudes before it is all over. Even then, it's going to be a long time coming.
I certainly did not know, but then again I was not running for President under the Messiah banner. They knew exactly how bad it would be, they just decided they had a better way out. It obvioously isn't a better way out. It is take respsonsibility time for the administration, but they are too busy "fixing" everything else. Maybe they will do better, I doubt it though.
Actually, several people anticipated this, including "experts" in the administration. And the only reason this recession isn't called a depression is because it isn't one.
Yet another 'Obama' success...who promised unemployment would not rise above 8%. Guess the left-wing media (who put this unqualified oaf in the White house) will not mention that. Time to act like a President...sit down, buckle down and learn the job for crying out loud.
And by the way...you have a 4 month old request for troops in Afghanistan. If Obama's idol had taken that long in the Civil War, Jefferson Davis would have occupied the WHITE HOUSE. Sheezz Obama...do something other than listen to Pelosi & MoveOn.org!
Can we have a few more articles about how 0bama has "saved or created" those 650,000 jobs again.... hope and change my ass.
And what are your ideas baddchild. You certainly know how to bitch; how about some usable ideas. You know: Put up or shut up.
funny, like you, missbike, whined at me about the same thing the other day in the "How's my driving blog", so I took a couple minutes and listed 11 items. The only reply was from someone who thought my screen name made me sound to imature for my reasined thoughts.... Again, you give libs an arguemt and all they have left is to ignore you or call you names. I guess to shut your whunny ass up I'll do something I hate and C/P.
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you want answers to fix this mess that started when the dems took over congress... ok here's a few.
1. instead of bailing out GM and Chrysler to buy off the unions I would let them sink or swim on their own - worked out great for Ford didn't it.
2. Instead of bailing out the banks directly like GWB did and 0bama voted for I would have used the money to reset all the home loans that are underwater due to the bad lending and the fannie and freddie fiascos. the banks would have gotten the cash by redoing the loans having more to loan and the home buyers would have much smaller payments and that extra money would go back into the economy. The govt caused their house to go upside down they govt should bail out the home owner - less forclosures.
3. intstead of hiring czars up the wazoo I would hire people to go through the govt. and eliminate all the waste top to bottom - clean it all out, wasteful spending, unneeded employees and staff. This would cut the overall budget in half or more.
4. All entry and mid level military will get a raise up to that of a college grad.
5. health care - tort reform and credits to allow people between poverty and middle class to get their own insurance. NO PUBLIC OPTION. No health bill would be signed that didn't give congress and unions the same coverage as every American.
6. reform congress - the days of pork are done. since there is no line item veto I will veto the whole bill underlining what needs to go to get me to sign it. If you add pork to get people to sign on then it wasn't a good bill to begin with. Adding stuff to bills that have nothing to with the bill will get it vetoed also. i.e. adding health care to military spending bills.
7. work to elinminate voter fraud. no id no vote.... pretty simple.
8. A law to let liberals feel good about themselves - allow 110% tax deduction for all donations to approved charities up to a certain amonut (sorry acorn - not approved)
9. a tax. yes really, all movies, music, and sporting events/sales, will get a 1% tax to fund BASIC music, arts and sports in schools. the NEA as it is is history.
10. since govt spending will be cut in half, a straight across the board tax cut will put money back in the hands of the people not govt. you see, my govt is about the people and their freedom, not taxing and regulating to control the actions of the people as they see fit like the 0bama adnimistration....
I know.... what about the war. Simple we do everything to win the wars we do not let the press run the war, that means massive troop movement to secure the area, burn every opium field until the tribes give in, put the new goverment in charge and bring the boys and girls home safe. obama bin laden, if still alive, is by many in the intel community belkieved to be in Iran so until you are ready to go get him don't whine how we don't have him.
you don't get peace without victory first.
We did not elect baddchild president, sir. We elected a man who is going to totally ruin our economy. He has'nt the slightest idea abour how to create a REAL job, nor any of his staff of life long public career hacks. We ALL need to face the fact that all of the so-called recovery experinced thus far has only been at the top. Posters, you job may be next, if you have one.
damn franjen.... stop ruining my fantasy...lol
Good post, Baddchild. Some common sense is a beautiful thing, something terribly lacking in government.
baddchild:
One or two points are good, for the rest, you are naive.
Baddchild (indeed)
1. Letting GM and Chrysler fail would have eliminated approximately 750K jobs.
2. Not bailing out the banks would have literally collasped our entire economy. I find your solution of government commendeering and manipulating private contracts, inconsistent with your particular ideology.
3. "Czar" is media shorthand for "Assistant under secratary to whatever" it is not a newly created position. Regardless, Bush had MORE "czars" than Obama (47-32).
4. Good idea to give our under paid military raises, (though I think there are better numbers than college graduate average income to base that on).
5. Tort reform is a red herring. You will never see the benefits of a public option like I do... so movin' on.
6. Good luck with eliminating pork, which is always bad unless it applies to YOUR state, county, town.
7. Cases of actual voter fraud are very low. But I have no beef with state issued ID, they are easily available.
8. "APPROVED" charities you say. Who would determine THAT? Why isn't a non-profit tax status good enough?
9. A movie tax? To fund art programs, good idea. But what's your beef with NEA? Children can be artistic, but adults can't?
10. Just how are you going to cut spending in half? What's going out the window?
And how do you pay for the MASSIVE surge in military/state department funding to smother Afghanistan and Iraq with a blanket of US soldiers? And WE are going to install another country's government? Talk about tyranical, talk about repeating past behaviors that got us into this mess. Finally, sure, Osama's in Iran, with all those WMD's and yellowcake.
Ultimately here's the problem with your "common sense" premise.
While deficit, spending and tax reduction are all very popular ideas (across the board with most Americans), the steps that have to be taken to achieve those ideas are very UNpopular. And there lies the rub. Its easy to talk about, very difficult to enact. And that blame lies with US as much as politicians.
pro-agg,
your making arguements, while we don't agree much better than the usual post though.
1. GM & Chrysler would not have failed, they would have restructured or sold off but when the administration promised the union take over of the companies their fate was sealed.
2. The private contracts were manipulated by goverment and people bought houses a few years ago for 300k and are now worth 125k thanks to fannie and freddie guarenteed bank loans to people who had no business buying them. They need the bailouts, by redoing the mortages your keeping them from walking away on houses that will never regain their value without massive inflation and the banks would have the money from the restructured loans.
3. I don't care who had more czars - the job should be to eliminate the waste, not find more ways to spend. Make govt work better and cheaper. If you eber worked in govt you'd know some people are there just to be there, no need for them and we pay for them. The unemployement numbers would be much higher if it weren't for this administration massive increase in govt employee highers to kiss union ass.
6. If the congress is not forced to change their ways nothing will ever work, you need a president with some balls that will say the pork really does stop here, not just after the 0bama campaign ends.
8. Boys & Girls clubs, Veteran causes, medical research, NO political charities sorry acorn, DNC, Air America...
9. the idea is to encourage kids to get involved, adults can be artisitc but there is no need for the goverment to pay for it. and the NEA don't need to pay for piss christ or a maplethorpe exhibit, (I saw it) that is something that the elitist hollywood/art crowd can pay for on their own if they feel it has such great merit.
10. eliminate the waste and there won't be a need for the funding. as for the tax cuts, they worked for Kennedy, Reagan and Bush, the amount of tax revenue increased every time it was tried, the problem is the govt keep spending more than they were taking in.
I have it from a very good source that if osama is indeed still alive they believe him to be in Iran.
hfb, you can't get him to say a bad thing about Obama, he is a baby rump kisser...LOL
As for the jobs, Obama has/had no intention on creating jobs, the Porkulus bill was told to everyone that's what it was supposed to do..No Way.. I you want to know what his plan is read "Rules for Radicals" by Saul Alinski, the entire plan is explained in there. This book was written by Obama's Mentor, and he lives by it...
Basically, he wants people to create chaos among the people without jobs, so they will have to depend on him for everything, so they will vote him back in... That's the plan and so far it seems to be working out great for him!
AHhhhh, ya gotta love 'im. To be a politician you gotta be able to do certain things. Ya gotta have some kind of an agenda. But most of all ya gotta be able to keep a straight, stern face and lie really good while you're doin' it. The agenda part ain't much for O.B. but he's got that straight face and lying part down pat. Reminds me of 'ol Jimmy Sweigart and how he used to cry and sweat. He wasn't much at anything else but he had that crying and sweatin' part down. "We saved 650,000 jobs today. How? why we gave a buncha people as raise" Nothin to it. Straight face, serious, lie like a dog.
President Obama is going to have to go after NAFTA like he said he would on the campaign trail, and offer businesses a 5000 dollar tax credit to businesses who hire a new worker, Barney Frank said "NO" to that idea and lending to small banks to lend to small business is the anwser I am telling you thats not the way to go , what makes you think that small business is'nt going to hold on to that money like Wall St is , that does'nt secure hiring new workers like the tax credit does, Can you Mr.Frank say that those loans will guarantee that small business will hire people like the tax credit does, its "NO" you can not guarantee that, its just here say, You Mr.Frank are gambling on that loan to hire more people,Thats what got us into this mess speculation, Mr.President you have to go after NAFTA and strip those tax credits from them and give them to businesses here in America, NAFTA was the "BIGGEST" and most hurtful thing President Clinton did besides deregulations ........! President Clinton may have left money in the bank,but he damaged America greatly with NAFTA and Deregulation ..........! Sorry Bubba but Nafta must be dismantled for the good of the country, America has been turned into a MONEY MARKET whore and its very sad, we truly have turned into a modern-day Babylon, and Revelation chapter 17 and 18 is what we've become, God have mercy on us............!
maybe Odumbo can find the answers next time he's on the back nine?
Matthew, can you reread and correct you posts before to hit submit. Its really hard because the entire post seems to be made of run on sentences.
How about if you do it for him and then post it since you have the time and are seemingly more literate. Try.
manticore, When people correct other people's posts, it means you have no idea how to argue with him, so you correct his English or punctuation. Please just have fun on here and don't try to play teacher...We have all been there and done that.
Diamond girl: When other people correct your posts it's because they're trying to make sense out of what you are saying. That being said progressiveaggressive makes a heck of lot more sense tha badchild.
What he passes off as "common sense" is just right-wing feel-good nonsense that is absolute poison to anyone in the middle class, It's always amazing how cavalier smug right-wingers are about other people's jobs. Yep, just et those poor bastards freeze in the dark.
It took eight years to get into this mess, it's going to take a while to get out.
I know instant gratification is great but it's not going to happen in this case.
As to Matthew Benzor: NAFTA was negotiated by Reagan, ratified by Bush and signed by Clinton.
unclear, I am an Independent, and am very very very upset about JOBS JOBS JOBS, I have been screaming on here every day about it.. Go read Rules for Radicals by Saul Alinski, Obama's mentor. It will explain why he is doing this, it's all about Socialism. Bringing those out of jobs down to their knees, so they need job/healthcare,social programs, and will vote for Him to make sure they get it... Its seems to be working out good for Obama so far, 10.2% is right up his ally
We have a President who despises the investor class and loves to engage in populist attacks on the "rich". I realize that plenty of Beasters applaud this. The only problem is that this behavior has consequences. It causes investors to be very cautious in committing capital to the US. Instead, they either invest outside the US, buy gold and commodities or simply choose to wait until the investment horizon looks more promising. Bottom line. If he is going to continue to lambaste investors, they'll continue to look elsewhere to invest.
Hey bbrown13... Well said.
Very lucid and well articulated observation bbrown3.
bb - Have you tried getting financing on anything lately? It almost doesn't matter if you have exceptional credit or not. There is no lending going on. Cash is King and if you don't have cash, you're out. We bailed out those banks and they get 0% financing from the feds (us) and yet, you can't get financing.
hfb1053, i try to explain this.all the time. Why isnt there help for mainstream. All these big companies. had the brightest and the smartest, and they failed,and if they were helped the mainstream small businesses, homes, foreclosures ,jobs, credit lines should be individually helped.But you need very caring, leaders,from all parties listening and wanting ,and everyone is to busy arguing left or right.I will repeat what my client said to me,the people in this country are spiritually,and economically broke
What bull. The stock market rose 200 points yesterday. If you look at charts of the last five steepest recessions and their relative stock market performances, you will scratch your head when you see that this market has already "recovered". How can Obama be a tool of Wallstreet and a Socialist at the same time? Smart tax policy is needed to stimulate job creation here. The GOP's solution was to cut taxes indiscriminately and all the jobs went overseas anyway. Have you called a service rep lately for your computer or software, and understood what the hell he was saying?
curious? where's that skanky 'newswoman' today? head back yp Obozo's azz as usual? I left journalism at a daily newspaper 25 yrs ago because of liberals like her, gosh IU's school of journalism was rife with her ilk, probably still is, behind & facing the podia
bbrown13 - It is indeed because investors should be cautious that Obama's team chose to use public works spending rather than a tax cut (which cautious investors would save) to bring our economy back from the brink.
Was the Obama administration overly optimistic as to how soon the economy would recover? Yes. Did it border on obfuscation? Probably, but a pessimistic outlook would truly have been a self-fulfilling prophesy.
It stuns me how short people's memories are. A year ago everyone on Wall Street would have to happy to participate in a public virgin sacrifice to restore the markets.
Investors don't give a SHIT about "populist attacks". They, better than you, overwhelmingly understand that games are to be played with public perception (who do you think invented marketing, focus groups and branding?)
Right now the safest investment in the world is still in the USA.
It may bogle your pea brain, but investors feel more confident BECAUSE of the government bail outs.
Not entirely true. Speculators feel more confident because of the gov't bailouts. Investors are still either sitting on the sidelines or, betting against the dollar, are investing into commodities. That's why equities are going up mostly on below average volume.
I will do you the courtesy and assume that you know the difference between a speculator and an investor.
Direct investors, read small business owners, are shitting a brick and still cutting costs, including jobs, across the board.
progressiveaggressive I hope you are right. but the investors that we come in to contact, are very concerned and do not feel any safety.Do not feel they can trust anything,or anyone. They do not see genuine growth ,productivity.So they are afraid to invest in what they do not feel is real. Ofcourse there are many making fortunes,in taking chances, swinging the ppoints,there alwyas are,those who can do it.and great and thank goodness, for making money!!!!In every which was that is what was good about our country our economy, our desire to thrive,succeed,make,spend and save.
Progressive ? oh never mind.
splinter. Speculators speculate both ways. They control nothing, just make money.
The President gets this from the pages of Saul Alinksy's handbook.
Winston, I soooo totally agree with you. I have telling people this for weeks now, and not one person has responded to me every time I say this... They either don't believe me or their afraid to approach it because it may be true. I have read the book and it is a terrifying read and you will never look at Obama again as a normal man after reading it, let alone the President of the United States.
bb,very true,very true.they are heading to Brazil,China India, the growth is huge there.and for years to come .I wonder if the The attacks, here,,are not on the rich, .G0d help us without wealth being made.But the complaints, are ,inequality that has happened, to middle class, maistream,,woking persons,and the bonuses,compensations,and rewards received for lousy jobs.That became the main complaint.It certainly does not change in govt,congress, that is a big problem,with people watching. Alot of Wealth,for all.Sad. We are facing a very huge crisis,diff than ever. the internet,trade from other countries,etc
Well said. Thank you for your eloquence.
If the President and Congress would put as much energy and focus into improving the economy as they do Healsth care reform, we may not be in such a big mess. What happened to all those "shovel ready" projects that were supposed to be launched with the stimulus money? More pork and entitlements was the result of that and very few jobs were created or saved.
So much for the predictions that it would go over 10% at the beginning of 2010. They're really missing the mark on these job predictions.
Oboma is so far over his head its pathetic. is he on the golf course now? im sure he is with his promoter im sure. time to start the impeachment of this fool. and by the way where is your birth certificate? did your dog eat it?
Have another beer...it's still early and you still sound a little lucid.
No, no NewyorkerR, that was YOUR president who took 879 vacation days (30% of his presidency). What month are you in (birth certificate?).
And your name calling indicates you have no argument, only childish rantings.
hope and change......howz it feeding your family today?
I dunno. How did two wars and tax breaks to the rich do in feeding yours. How did the worst job-creation record since Hoover by Bush help people today?
As jobless rates keep getting worse
The bankers cut lines to the nurse;
Bad debts they accrue
But when there's swine flu
They finally turn risk-averse.
News Short n' Sweet by JFD8
http://twitter.com/JFD8
Funny, the stock market seems to be doing pretty well lately and yet everyone pins the blame on Obama because no one is hiring. If these companies can afford to pay their stockholders, then why can they not hire as well? You've got an easy target and on you babble. If your performance in the workplace is anything like your grammar, you probably won't be working for a long time to come. Stop whining, morons.
Yup. When your year-over-year earnings comparison is to near-cataclysm, anything will look better.
No one is hiring genius because they are awaiting your "leaders'" attempt to control 1/6 of the economy and won't budge until they know how screwed everyone in this country will be.
Your people are doing a "great job" and you cleary represent the "destructive class" of this great country.
Also, good grammar coupled with stupid ideology will get you nowhere...you're the idiot.
nobody is hiring because they know they are going to get slammed with taxes. The money they pay out in taxes has to come from the salaries they would pay employees. Liberal policies have never worked for business, both large and small. Corporate taxes and tax the rich while liberal politicians spend money on entitlement programs are never good for the economy or this country. PEOPLE HAVING JOBS works for this country. Business creates jobs, not government.
No one is hiring because they don't have to.
They are still moving built up inventories, worker productivity has gone through the roof, and consumer purchases remain in the toilet.
"Also, good grammar coupled with stupid ideology will get you nowhere...you're the idiot."
Pot-kettle-pot-kettle-black.
Talk-talk-talk that smack.
We now know that progressiveaggressive works at The Gap. There's more to an economy than inventories and production of mindless 20 year olds. Supply, demand, and profit. We need more coming in than we have going out. With a president poised to make sure business has more going out than business is going to do less in the form of R&D, marketing, expansion, or traininig. This eliminates jobs and productivity. Business goes into "survival mode" until they know exactly what its going to cost them. Once they have a handle on Obama's programs and taxing, then they will adjust accordingly.
Obama and Congress have no intention in stimulating this economy. Unemployment, food stamps and obamacare are the only thing we are gonna get. After that they own us and they can do whatever they want.
It's getting closer and closer to the point where nobody will be able to live without the daily assistance of the government, in the same fashion as a pet dog or cat must wait on its owner to feed it, and take care of most of its needs. Unfortunately, for many Americans, the freedom to not have to worry about this stuff and instead rely on somone else (re: government) to do it for you, so that they can focus on resting, playing, and having a good time, is the best kind of "freedom".
and let's not forget the Smart Meter, so they can control our heat, bathing, cleaning habits etc.
I can only imagine the Smart Meter will eventually be mandated, AND require the citizen....err...subject...pay a fee for it too.
Oh my word you two.
Its a paranoia feeding frenzy.
Soon there wil be mass sterilizations in the death camps run by SS Acorn guards.
Soon all our property and MINDS will be controlled by "The State".
Do you think so little of your fellow citizens?
Do you REALLY think the vast majority of us would tolerate that kind of bullshit?
"Do you think so little of your fellow citizens" just the liberal bloggers out to make waves. i don't think you will be doing any converting as it seems you bosses agenda is going down the bowl like a big turd. remember we need to flush that 2 x
"SS Acorn guards"....seriously? They know better than to be that obvious. They know that slowly chipping away at our system that constrains a limited government from exercising too much power is more effective. It's not something that the people would tolerate being done quickly. Some people's minds, however, are so easily influenced....molded like soft clay, perhaps....by the media, who for the most part actively cheerlead and support the government. I really am amazed at what American citizens will already tolerate.
They better have intentions, or else they won't be re-elected. Obama wouldn't be the first president to feel that sting.
They need to use the energy and environmental bill is a kind of jobs bill, get some money into the real economy for jobs, infrastructure, technology and things like that.
infrastructure jobs? green jobs? You are talking about jobs people don't want or don't exist. Green jobs is a complete myth propagated by the left for their own taxing agenda. Wishful thinking is not reliable.
Clear - Green jobs existed in the 1970's when we had the first Arab oil embargo. Solar, wind, nuclear all made major technological improvements during that time due to the support from investment tax credits. I prefer to invest in alternative energy for the future rather than stick my head in the sand and do nothing while this planet's oil runs out.
spotted: my meaning with non-existent "green jobs" is that they don't have a high rate of employment capacity. Natural Resource jobs are far more encompassing that green jobs because fossil fuel jobs have been around and are still the number one power resource for automobiles. Green jobs may have potential if the technology allows, but at this time we haven't gone in that direction.
I had a green job in the 1970's subsidized by Federal and State investment tax credits, special energy investment tax credits, special accelerated depreciation, very favorable "avoided cost" electricity sales incentives. It was possible for a developer to develop a project and arrange non-recourse financing such that the developer actually could recover 100% of his investment plus a net profit on the project the day that electricity was first generated. During the "boom" less than 200 Mw of electric generation capacity was developed -- none of it under circumstances that would have been economically viable without the subsidies. After hundreds of millions of dollars had been spent our energy supply system had virtually nothing to show for it. (200 Mw isn't squat in our energy supply system. After the boom, the remnants of the industry continued to plug away and in the intervening years have developed a few hundred Mw more -- mostly without the subsidies.
In California, the same energy incentives resulted in the development of windfarms which, for the most part, were nothing more than financial frauds and money laundering schemes. California ratepayers were forced to pay exorbitant prices for energy they never received. It would be nice to suggest that this development laid the foundation for the thriving windpower industry that California enjoys. But it would be more accurate to observe that the original investors were shysters who made their money on government enabled financial deals which resulted in mostly sham projects. When all the silliness expired, responsible engineers, developers and operators, constrained by the need to survive in the economic real world, developed good technology and sound projects -- the developments which we now enjoy. The original developers are mostly gone, out fleecing new marks in other areas.
I have no problem with the concept of creating "green jobs" to help make the transition to cleaner energy. I had a green job once. But the overwhelming majority of the cost of the last attempt didn't go to jobs, or to developing the new resources. They went to politically connected financial types who had no more interest in "greening" things up than Saudi Arabia does. They made glib promises and took the money and ran. When I hear the promises that today's green beggars are making, I can't help but hear the echoes of the last generation of liars and cheats.
clearthinker - green jobs a myth? propaganda? I think you must be using 90W for eye drops. Tell that to the solar energy company that installed my solar panels. Tell that to the company that freighted the panels to my house. Tell that to the US company that fabricated my solar panels. Tell that to my on grid energy company that gave me a great rebate in return for the solar credits. And I benefit from a reduction in my energy costs for at least 25 years. You are ignorant. Get educated please and stop wasting electrons via your ill informed posts.
Etienne: Please use rationale judgement before you question my intellect. What is the percentage of people who have solar powered homes in this country? 5%....??? What is the percentage of people who drive gas powered automobiles? That is my point. Green jobbers want this fantasy land of hundreds of thousands of jobs yet rip on the fossil fuel industry that actually does create hundreds of thousands of jobs. This is my propaganda point. I can't help it if you can't follow along because you have your head up Al Gore's ass.
Clearthinker - aren't we the smug little know it all. What does "rationale judgement" mean? Is that judgement of your lack of rationale for your ignorant statements?
As far as your personal knowledge of Al's sphincter, I suspect you have 1st head contact that probably cut off your air supply for 10 minutes or so.
The point is that there are jobs in the green sector. The more people that become involved the more affordable it will be. Solar power saves a significant amount of CO2 from being dumped into the atmosphere. Of course if you do not believe in global warming you best crawl back up Al's ass and go to sleep.
Etienne: you say, "The more people that become involved the more affordable it will be." I'm not saying there is anything wrong with "green jobs" and, yes, they can help towards this economy. I was responding to mcmchugh regarding his point on what will grow the economy. A simple "green jobs" and people working on the highway isn't a happy stopping point because there aren't just a huge supply/demand for green jobs that will employ a large number of people. Cap and trade legislation will not help the creation of jobs because it taxes small business and limits fossil fuel exploration which does create a heavier load of jobs. The Al Gore's of the world and enviro thugs won't allow this to happen. This is the point that leftist legislation doesn't do a very good job at job creation since most of it comes from the private sector. You may disagree with me and that's fine, it's not okay to make fun of my eye drops though.
It's a good idea and we've been trying it here in Massachusetts, with special tax credits and land deals and whatnot. Unfortunately, a big solar panel manufacturer which started up here only a couple of years ago just announced it's moving the assembly of those panels to China. Evidently, the employee costs are so low there that it's better to write off $40 million worth of equipment and build a new plant than to keep several hundred jobs here in the US. New industries aren't going to be any more immune to global economics than the old ones.
wait,wait, wait, wait! i've got it..... i know how to turn it around!
we only have a limited amount of time in a day, in a week, in a month, etc. right? how about let's concentrate our precious limited time on health care reform and legislation to reduce co2 emissions. i'll bet no one has thought of that!
http://www.pnhp.org/new_bankruptcy_study/Bankruptcy-2009.pdf
61% of bankruptcies are because of healthcare costs we fix that we fix the damn Economy.
get a new talkingpoint.
Man, talk about someone who doesnt change THEIR talking points..
http://www.american.com/archive/2009/august/the-medical-bankruptcy-myth< br />
Can you explain why, in the above article, the bankruptcy rates in Canada, the utopia of universal healthcare, are actually slightly higher than here in the us?
Why don't you also look at the number of bankruptcies and calculate how many had a mortgage that exceeded 10% of annual income and claim home ownership as the cause of bankrupty?
Then you can mandate "universal home ownership" as a govenmental policy next.
prog
huge amount of those bankrupcies are individuals, not businesses.
tell you what, you change your priorities (ie jobs now, we can't wait for whatever lift health reform may eventually provide) and i will change my talking points. until then "it's the economy -- NOW-- stupid."
No. we fix healthcare reform we fix the damn economy and create job in the process.
Stupid.
Like I said get a new damn talkingpoint.
Tell us how the present health care proposals fix the economy.
Ever heard of competition>drives costs down for the consumer?
Learn something.
prog
i'll hand you this, you're naive but possibly bright. you have strong feelings but your salesmanship is lacking. i don't afways agree with carol65 but i've seen that she is thoughtful in past posts. by the way when i mentioned you are possibly bright, i definitely was not talking about your response to her.
P2 that makes no sense the q was "how will it create jobs" i think you just cut and past this junk from the WH propaganda machine.
Well there is some good news: Mr Green, himself, Algore is a billionaire . and just think after cap and trade, WE are gonna be very cold and Mr. Gore will be richer!
Rhonda - I'm sure your crowd will try to have a few book burnings to keep yourselves warm.
spotted
my crowd doesn't burn books, some of them write them. Newspapers we can burn, no problem.
Actually Rhonda's crowd can't read books.
Ouch!
But think of all the jobs that have been saved -- like the 26,156 saved with $285.7 million of stimulus money received by the California State University system. This represented over half of all of the employees of the system.
Except administrators indicated that they would not have been laid off even without the stimulus money.
(Reported in the Sacramento Bee).
How's that for Obamaccounting?
What a crock. Tell the unemployed about the jobs the stimulus has saved.
Amazing, numbers from 1983, and people survived. I assume the posters here have never been through this before considering all that is being written. Don't remember Reagan getting all this heck. Afterall, just look at the nasty things he did to get it going again.
Reagan did nothing about inflation or unemployment - his "supply side" team just massaged the CPI proportional weights to get the number they wanted. The "improved" inflation numbers created a mindset ("Morning in America") that become a self-fulfilling prophesy. Like Bush 43, every economic condition - good or bad - was an excuse to cut taxes.
The Reagan administration's most ignominious "achievement" was to reclassify ketchup as a "vegetable" to reduce spending on school lunch programs.
At the end of the day, it's all about the mindset.
I agree, it was also the time of the infamous tax shelter and IRA's to be invested in the stock market for everyone. I did mean nasty things literally.
You are more or less right. Actually Paul Volker is the person mostly responsible for both the pain and ultimate relief. One of his virtues was that he allowed his position of independence at the Fed to end inflation by raising interest rates -- and by most accounts very independently of Pres. Reagan. Mr. Volker recognized that a monetary policy which intrinsically pumped money into the economy via low interest rates toward the objective of maintaining or obtaining high employment would not only result in high inflation, but ultimately to economic stagnation. He nearly killed all of us with his high interest rate policy. But the "fix" ultimately took and, chastened to the temptations of runaway inflation, we enjoyed a very long run of high employment unaccompanied by expectations of high inflation. It will be interesting to see if the current Fed will be able to tighten the money flow before another unstoppable wave of "stagflation" engulfs us.
If they don't, hang on for the ride of your life. Many of us remember mortgage interest rates of 20 percent and unemployment well in excess of 10 percent. The only thing worse than high unemployment is high unemployment accompanied by crippling, intractable stagnation caused by peoples inflationary expectations.
If you didn't live through it, you can never appreciate that there is actually something worse than high unemployment. Its called stagflation. And it cripples things like Keynesian stimulation because the stimulus is more than eaten up by people's inflationary expectations.
Our law makers are taking in millions from lobbyist for making laws . It's about time we the American electorate get in that game and start making laws by public referendum . That would really solve the unemployment and other problems .
No!
Look at what the initiative process has done to California. The state is the sixth largest economy in the world and its government has been broken by the piecemeal patchworks created by the cumulative effect of 30 years of "public" initiatives.
ordinarily i would agree with you except there is something very schizo about the cal voter. we keep voting in dems and dems being dems keep pulling spending programs out of their hats. then the electorate in apparent shock notices taxes are going up so the strike back with tax cutting innitiatives. i don't have the solution since i realise it's too much to ask the dems to control themselves (repubs are a non-factor and have been for quite awhile.) as it happens prop 13 which requires 2/3 approval of the assembly to raise taxes is the finger in the dike holding back an explosion of expenditures and tax increases.
jus1drun - Most of the "schizo" is based on another initiative - term limits.
California's voters used one initiative (Prop 13) in the 1970's to destabilize the state's revenue by changing the model from property taxes to revenue-based taxes (income, sales), which causes wide fluctuations from year to the next. Experienced politicians could plan long-term and ride out the variations. In the early 1990's another initiative invoked term limits. The new "short-term" pols don't care about long-term issues like debt or infrastructure because they are out of office before they have to deal with any of their bad decisions.
California needs a new constitution to restructure itself and rationalize the processes by which its laws are made and the state is run.
spotted
that's a good point. still a bunch of them are pro politicians and they move on to other elected positions but there could be something to what you say.
unionave - I agree with spotted. Making law by public referendum sounds great, but after seeing what it's done to California, maybe what is really needed is better politicians.
Misterdon: I agree with you somewhat, but why do you not mention the cronyism and monies wasted with the Enrons and Haliburtons etc... that the tax payers and stock holders have and will paid dearly for. Then the GOP holds unemployment extensions hostage for a few weeks, how many families lost income during those two weeks, I think the number was like 200,000. We pay for unemployment insurance every two weeks out of our paychecks, its not a handout, yet the GOP filibustered because they wanted the reserve the right to muck it up with porkola amendments.
It may not be a handout, but when it has been extended to over a year, the unemployed are getting way more than was taken out. Eventually, that fund runs dry.
(I know this is a concept periscope cannot even consider as he/she thinks that insurance premiums will go down when you include all those with expensive pre-existing conditions.)
Plus, as I assume you have never employed anyone, but when one of your employees applies for unemployment, you, the employer get a bill from the state. At least that is how it works here in PA.
MD,VA, DC operate out of pre-paid funds, you know like insurance pools, that concept that is alien to you.
thepitt: I have owned a company for twelve years. I lived in a state that has mandated health insurance coverage, You should compare rates to states (most) that do not. Taxes were never a concern, one can budget for them, but the never ending upward spiral of insurance premiums with their unending fine print is truly discouraging. Always more for less, and a nice glossy calendar. My business has the potential for both overseas customers and more employees. Universal health insurance would be an asset to help our product be more competitive and afford more employees, but people of your ideology seem to not grasp this aspect of the argument.
PS Pitt
Not everyone is unemployed, that is why pools work well.
Well, I am sure you have looked into the solvency of those pools so I stand corrected.
Gee, it's a wonder how the states can predict recessions better than those in business can, they didn't dry up in 1983, rates are adjusted over time, and yes they are solvent because the pool ebbs and flows. Like I said this is a concept you cannot grasp, so you push your cry of the sky is falling as reality. Pity pitt.
I say it everyday, I am sorry I keep repeating everyday. Nobody is listening. This President, wants to help its pople. I do not believe he wants anything else but the best. BUT he and his administration,lost Focus. The most important thing was to FIX the economy.!!!! Help the mainstream.!!!! Offer a bridgeloan, to small businesses, help foreclosures, help credit lines, help each family with a stimulus,for them.!! Not for free. I cannot explain in political terms how to do it, BUT IF we can throw billions out to the Karzai brothers, If our govt,has money to burn, and money to spend, then spend it on your mainstream.!!! Big banks, are not helping anyone, creditcards, strangled business,families, and they do not raise the rate,they close the cards.!!I understand nothing is for free, But there are many who have been bailed out. Imagine big companies with ceos, presidents, chiefs, from Harvard, Mit, the govt with the most brilliant minds, and they screwed everyone up.But they have been bailed out.!! Again,it is who you know,who you are, and handouts, to those who are connected.!! And alot of the same politicians, that were in power with the downfall, are still making the rules. What about the teahcer unemployed,the beauticians,who cound not get a 12,000 loan to pay some stupid over inflated,taxes,the florist who now had to close, because, his credit card took his credit line. The fanmily,that could not get a foreclosure,property refinanced,unless they stopped,payment and ruined their crredit,and then cannot get the refinanced because of bad credit.The cook that is layed off, the small business, who the consumer cannot buy from,firemen cannot hire,There are people in the 50,60 year range, that are not retrained for todays work.Infrrastructure is happening but everyone is not a builder.?Companies,that are firing, will not rehire.They are getting use to less employment,and employees are working double and for less,and they are happy to have jobs.But the internet, the free trades, the lack of producing and manufacturing,the lack of our politicians and government listening to mainstream, They are hurting,.We do not care about the left or the right. We are not concerned with Republicans, Democrats,yellow,pinks and blue.The 70% persons in this country that are Spirtually and Economically Bankrupted feel there is too much waste, and lavish in govt,and political life, and they are helping those who they want, and are doing what they want. The number one issue in this country, was the economy, not free rides, people want to work,produce, thrive,spend,but they do not see and feel any stimulus. tricling down.We are the USA, we have programs of mentally challenged being cut, poeple depressed and scared, and distraught.It is not acceptable. AND I and others do not blame ,this on this year, The last years were the years of ravage and rape the US people,and our leadership was unaware, uncaring and lousy,and incompetent, but now the new administration, needs to focus.Rebuild the USA,or we are heading for 13%to 15% unemployment, if that is not out there already.Each and evry american families, should be abiled out, with the leverage that the too big to fail have been given. waste and throw your money out on your mainstream. Not in Iraq, Karzai brothers, washinton airplanes,bottles of wines at 300 hundred dollars, and all leaders and all politicians, better start to wok together.This country is in a huge crisis, and people are loosing confidence and hope with this party.The ONE main thing,was and is the economy before The Healthcare, too much too fast,too abrupt too confusing when people cannot make ends meet.It is not about stimulus, It is about stimulus reaching the people. !!!!!!!And wealthy businesses, and wealthy , people, we need everyone making money, so money circulates to all.There is no trust on half of our politicians,government,they are not leaders they are in it for their benefits, their retirements their healthcare,and their power show. And many are concidered crooks,and liers,and we need AMAZING< CARING
Again, this administration is not listening and not hearing and they want to do what is right but it is going wrong.We do not need another bunch of years of people not in touch with mainstream, and it is totally out of touch.It is not about giving a stimulus, to those fortunate, it is about creating jobs, work,businesses retrainig opportunities, people are not lazy they want to work and thrive.This administration can do it, if they listen&care.
amapola
Clearly you are frustrated, and you are certainly not alone.
You are correct VERY little of the stimulus has been directed at us, the little ole working people.
But the system is corrupt. From the politicians, to the CEO's, to the little ole working people who refuse to see their own culpability.
America is bipolar, with a wickedly short attention span.
How did we get into this economic crisis? A lack of regulation on those too big to fail financial institutions. So "free market" ideology isn't going to get us out of this mess, because THAT was the cause of the mess. Free markets don't give a shit about anything but profit.
So we turn to the government, the only institution powerful enough to "check" big business. But the government has been bought part and parcel by big business. And, as the free marketers liked saying BEFORE this little financial snafu, government has never been a good job creator (though they quick to blame the gov't NOW for not creating jobs).
Ok so what's left?
Well WE ARE amapola.
We can insist that the government do what it can. It can finance big projects, it can enforce regulations and laws, it can provide a safety net with social programs. And that is exactly what President Obama said he was prioritizing-health care, education, alternative energy and financial reform.
The President is responsible for the strategy of the country during his (someday her) term.
He decided that the roots of the economic crisis were the escalating costs of health care, an under-educated population, under-regulated businesses, and a dependency on foreign oil. I think he is correct, but it is going to take time. We are the largest economy the world has ever seen, we have a huge population, and fiercely combative differing opinions. It amazes me that ANYTHING gets done.
But all that aside, your fundamental question is what do WE do?
We can get get smaller. Huh? What?
Ordinary people can stop losing their shit over these huge meta problems, and instead focus on our families, friends and neighbors, people we KNOW.
If you need money, you can start a business. Maybe not a traditional business that requires a lot of start up capital, but you certainly have the power to identify what your neighborhood needs, and that's more important than any business plan.
What do your neighbors NEED ama?
Food, clothing, shelter, security, education?
Food is easy-in Ohio a $35.00 license from the Dept. of Ag. permits you to make and sell baked goods. From bread to birthday cake (just no meat-food safety regs, put that under a much tougher health department inspection). You would be astonished to learn of the number of bakeries and restaurants that started with this strategy.
In Florida you are allowed up to a dozen laying hens in your yard (no roosters!-makes it a chicken farm). Sure you've got to shovel chicken shit, but there remain enough health conscious people ( and affluent housewives) to make a little extra selling eggs, and its chicken pot pie when things get REALLY tight.
Can you sew? Can you repair and alter clothing?
Can you caulk? Can you help your neighbors save money by making their homes more energy efficient? Maybe your selling point is in keeping half of the money that you save them, for reduced upfront costs?
Maybe your neighborhood has an older population and needs a gypsy cab service (only don't tell the state, the licensing is terrible).
Can you babysit, give music lessons, clean houses, take in laundry?
What did your grandmother do that most people no longer do?
I know that sounds so trite, but it remains true. Identify potential customers, identify what they need, identify the most cost effective way of producing the service/product, and then work your ass off.
But most important of all, identify what you CAN control, and let the rest go.
THAT is personal responsibility, THAT is how every struggling family has changed their fate. Its never as bad, or good, as "they" say it is.
I wish you all the luck and good will in the world. Keep the faith amapola, God Bless.
My apologies to everyone else for being a space hog.
Okay, I was not going to complain, today. because of the awfull tragedy, in Texas, Again to all our soldiers, families who have lost loved ones,the wounded, the army base to everyone hurting, my deepest and sincerest condolences to those envolved.
In regards to the above, yesterday's events were very sad and tragic. I'm sure the victims and their families have all of our sympathies. War is a destructive thing, not only for the soldiers, but for their families and the families of those we fight.
Regarding the substance of this article, and those who say that Obama has failed or that he should be impeached, what was this man supposed to have done? He's been the president for nine months. Should the worst recession since the Depression have been fixed on his first day in office? GDP and the stock market both indicate that the worst is mostly behind us. Bottoming out, not exactly starting the upswing yet, but stopping the bleeding. Yes, 10% unemployment is bad, worst since 1983. Would those of you calling for Obama's head after nine months in office have been calling for Reagan's? After all, he was president for two years by that time. Patience people, and maybe stop listening to those who "want Obama (and the country) to fail."
obviously the partisans want his head.
for most of us though, we are sitting around with our jaws dropping nearly to the floor. health care reform, cap and trade, each with attendent raises in taxes and fees ought to be something on the back burner until this economy is back on track. please concentrate on the critical job at hand. it is a practical and communication issue and the politicians are comming off like it's ok 'cause we can walk and chew gum at the same time. if the dems do not figure out that public doesn't buy it they are looking at worse than normal bad news in the off year election of 2010.
Health care reform and cap and trade are both things that Republicans would rail against regardless of economic conditions. Health care was shot down in the 90's during the time when the economy was going up-up-up. Environmental issues have never been popular in this country, and the polluters have the economic clout to keep it that way. The public option does not raise taxes (to join, one has to buy into it), and cap and trade taxes polluters, mega-corporations like big oil, the pharmaceuticals, agriculture conglomerates, and coal. The federal government has addressed the economy with billions of dollars in stimulus money. In fact, more than 3/4 of the money earmarked for the stimulus has not even been spent yet. Republican governors like Rick Perry in Texas and Bobby Jindal in Louisiana denounce the stimulus, yet take the money anyway. I would like to see them put their money where their mouth is, and not accept it. Let's see how well Texas and Louisiana do without the federal government, recovery-wise. More so, even though Bush and FEMA bothed it, New Orleans would still be under water today without the federal government. Just this past April, Perry asked for federal assistance when central Texas flooded. Hypocrites, but I digress. I agree with you, the state of the economy is of utmost importance. And the federal government has addressed it.
john
i think we are all frustrated here. i agree generally with what you say BUT (that's a big but) our elected officials can't multi task and adequately communicate to the public at the same time. for instance, no up front taxes on health reform - it certainly has been proposed but i could be behind, regardless they could show up again because the situation is fluid. and we're all grownups now - a tax on a megacorps translates into higher prices/service fees for the consumer. and we haven't spent 3/4 of the money earmarked for economic stimulus. well if things were going well that would be a happy note. but things aren't, so the question of competency raises its ugly head. i don't trust govt to weave an elegant solution. they are better off approaching the economic recovery with less opportunities for unintended consequences. having labored in the belly of the beast for many years as a policy planner and a budget director i suggest respecting the reality that bureaucrats have yet to gain super powers.
Well put, and again, I agree. Our elected officials have yet to gain super powers. President Obama has been in office for nine months. How fast is the worst recession since the Depression supposed to get better? If the economic recovery isn't happening as fast as you think it should, what are your alternative solutions? You don't like his policies, what do you suggest instead? It's really easy for the Republicans to denounce and naysay, but what have they offered themselves? The conversation thus far has been one-sided. The Democrats offer solutions, the Republicans say, "No."
And yes, there are a lot of balls to juggle right now. The economy, Iraq, Afghanistan, Iran, insurance reform, the environment, the banks, Wall St., crumbling infrastructure, pirates. Pirates! Really, you name it, we got it. And we can all be honest and admit that these were problems before Jan 20th of this year, right? That's ten pounds of poop in a five pound bag if ever I've heard of it, but the world doesn't stop so we can fix one thing at a time. As a policy planner and budget director, you know that. All you can do is wade in and start digging. If you don't like the way we're digging, come up with an alternative instead of getting in the way.
And just to clarify, jus1, I say "you" in the general sense, not "you" in the jus1 sense.
john
yes but send this message to the law makers. i'm on the outside now so can only offer and author what is in my power. if the elephant in the room was not the economy with about 1/6 of the employable base sitting on the sidelines i most likely wouldn't be posting at all. that many people out should have us all up in our seats and paying attention. so much of how the economy proceeds is subject to perception. decision makers in business will wait for the situation to clarify before investing. the cloud of dust is too heavy right now. easy does it, keep it simple.
Conservatives are fine wtih 10% unemployment, since the people who are now unemployed were lazy and/or incompetent, and clearly deserved to lose their jobs.
That is a very thoughtful and constructive comment.
I'm always helpful!
It would appear to be democrats who are fine with 10% unemployment, since the unemployment rate has jumped from 6 to 10% on Obama's watch, and the dems are dithering and doing doing stupid things like raising taxes and increasing regulations and funding pork projects rather then doing what is needed to start growing jobs again.
In the current recession, Black women have lost almost twice as many jobs as a share of population than White women. I show this with today's employment report here: http://www.familyinequality.com.
-Philip Cohen
Okay everyone have a wondeful week end, and please let us buy helath insurances from different states, and everyone get jobs,growth and health insurances for everyone at great prices.
This is the writing of Amapola101.
Above he asked me to repair a rant. He gets out of control, so i repaired the prose without altering what he was saying or how . There is a certain elopquence it is him not me.
amapola101
I say it everyday, I am sorry I keep repeating everyday. Nobody is listening. This President, wants to help his people which is us. I do not believe he wants anything else but the best. BUT he and his administration lost focus. The most important thing was to FIX the economy.!!!! Help the mainstream.!!!! Offer bridge loans for small businesses; forestal foreclosures; help credit lines, help each family with a stimulus for them! Not for free beause nothing is free in this world. I cannot explain in political terms how to do it, BUT IF we can throw billions out to the Karzai brothers; If our government has money to burn, and money to spend, then spend it on your mainstream!!!
Big banks are not helping anyone, creditcards, strangled business, families, and they do not raise the rate, they close the cards.!!I I understand nothing is for free, But there are many who have been bailed out. Imagine big companies with ceos, presidents, chiefs, from Harvard, MIt, the govt with the most brilliant minds, and they screwed everyone up. But they have been bailed out!! Again, it is who you know,who you are, and handouts, to those who are connected! And alot of the same politicians, that were in power with the downfall, are still making the rules. What about the teacher unemployed, the beauticians, who cound not get a 12,000 loan to pay some stupid over inflated taxes, the florist who now had to close because, his credit card took his credit line.
The family that could not get a foreclosure property refinanced unless they stopped payment and ruined their credit and then cannot get the property refinanced because of bad credit.The cook that is layed off, the small business, who the consumer cannot buy from. There are people in the 50 - 60 year range, that are not retrained for todays work. Infrastructure is happening but everyone is not a builder. Companies that are firing will not rehire. They are getting use to less employment and employees are working double and for less and they are happy just to have jobs.
But the internet, the free trades, the lack of producing and manufacturing, the lack of our politicians and government listening to mainstream. They are hurting. We do not care about the left or the right. We are not concerned with Republicans, Democrats, yellow, pinks and blue.The 70% persons in this country that are Spirtually and Economically Bankrupted feel there is too much waste, and lavish in govt,and political life, and they are helping those who they want, and are doing what they want.
The number one issue in this country, was the economy, not free rides, people want to work, produce, thrive, spend, but they do not see and feel any stimulus tricling down.
We are the USA and we have programs of mentally challenged being cut, people depressed and scared, and distraught. It is not acceptable. I and others do not blame this on this year, The last years were the years of ravage and rape of the US people, and our leadership was unaware, uncaring and lousy, incompetent But now the new administration needs to focus. Rebuild the USA, or we are heading for 13%to 15% unemployment, if that is not out there already.
Each and every American family should be bailed out, with the same leverage that the too big to fail have been given. Waste and throw your money out on your mainstream. Not in Iraq, Karzai brothers, Washington airplanes, bottles of wines at 300 hundred dollars, and all leaders and all politicians, better start to wok together.
This country is in a huge crisis, and people are loosing confidence and hope with this party.The ONE main thing was and is the economy, before The Healthcare Bill, too much too fast too abrupt too confusing when people cannot make ends meet.
It is not about stimulus, It is about stimulus reaching the people. !!!!!!!And wealthy businesses, and wealthy , people, we need everyone making money, so money circulates to all.There is no trust on half of our politicians, government, they are not leaders they are in it for their benefits, their retirements their healthcare,and their power show. And many are concidered crooks,and liars, and we need . . .
(recently someone asked me, in a Starbucks, would I repair their resume'. I should hang up a sign. Advirtise on The Daily Beast : Rant Repair
michaelslevinson.com
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