Category Archives: Economy

I Had an Inspiring Dream Last Night

Everyone needs to be the yellow smiley.

Everyone needs to be the yellow smiley.

As most everyone knows (if not, crawl out from under that rock.), the stock market is quite low right now and the economy is crap.  However, last night I had a dream that lifted my spirits a little bit.  In my dream, I was at my parents house watching FBN (Fox Business News) with my dad.  In the dream, the news anchor was visibly ecstatic over the most recent developments.  Turns out, the market was making a massive recovery and it was playing our right before all of America.  It was just noon and the market had rebounded 500 points since the opening bell, with no signs of slowing up.  Everyone was, understandably, thrilled over this news.  That is about all I can remember, but regardless of the vagueness of the dream, it certainly put things in perspective for me.  Even though times are tough now, good times will return.  Now, in no way am I downplaying the severity of our current situation.  It’s bad, and I consider myself to be one of the least affected.  I feel for the families that are losing so much (well, I feel for the one’s that were living within their means.  To the one’s that weren’t and charged up credit cards to the 6 digits so they could drive a Beemer: this mess is partially your fault.).  But no one should lose hope.  And by that I mean, in four years we have a chance to fix thies mess.  The current administration is leading us in the completely wrong direction with the economic crisis.  However, once again, great times are coming once we got out of this.  Look back at past recessions, coming off of those are some of the most prosperous years we’ve experienced.  So to everyone having a rough time now, stay optimistic!  Be as content as you can now because everything WILL get better.

Hope I’ve encouraged at least one person.  Leave a comment it below and let us hear how feel.

Thanks for reading!

Rick

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Filed under Economy

Stimulus Watch: Check This Out!

Check out Stimulus Watch for the latest updates on the wastefulness in Washington!

Check out Stimulus Watch for the latest updates on the wastefulness in Washington!

I’ve asked myself this question many, many times, but I never could come up with a concrete answer.  Yesterday, however, I was surfing the web when I came across a very interesting website: Stimuluswatch.org.  This website has a detailed description of what exactly our money is going to, and man is there a lot of nonsense in there.  Everyone’s heard that there is a lot of pork in the package, but wait until you look at this!  And not only does the site list everything, but it has a rating next to each item in the package.  This rating is I guess equivalent to a “relevancy meter”, as viewers of the site rate the item as critical or not critical.  If you vote not critical, the item loses 1 point; if you vote critical, the item gains a point.  Believe me, many, MANY items are in the severe negative points.  I encourage everyone to check this site out and vote for which items you think are critical or pointless.  It’s interesting to see what the American people actually have to say about this whole package.

Also, the site is launching a new daily feature called “Disecting the Stimulus: Sifting Through the Pork”, where we will analyze the items on the stimulus to try and find their value.  Look for this in the upcoming days!  Check back to see just how wasteful this package is.
Thanks for reading!

Rick.

You can visit Stimulus Watch by clicking here.

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Filed under Check This Out!, Economy

Where Did the People of D.C. Misplace Their Morals?

Soo, which wise guy slipped the healthcare in?

Soo, which wise guy slipped the healthcare in?

I must say, the senators in Washington reached a new low today.  And I do hate to lump them all together because I’m sure there are a few good senators (definitely a few Republicans.  Haha) that are not this crooked, but the bad apples have spoiled the bunch from an everyday American’s viewpoint.  But anyway, my recent frustration stems from the nonsense packed into the pork barrel (my name of choice for the “stimulus package”).  This time, however, I am not talking about any actual spending projects or subsidies, but something regarding healthcare.  “What?”, you may ask, “What does healthcare have to do with the pork barrel?”.  Well let me just tell you:  The senators, being the sly foxes that they are, slipped several heath provisions into the pork barrel.  And of course you ask again, “Well why would they do that?”.  Well number 1, they are more corrupt than the entire state of Illinois; and secondly, because if they do that the senate won’t debate over it, and it will quietly pass into law.  Yes America, that is what we are dealing with in Congress.  Before we even get into the complete lack of ethics in doing this, I would like to ask how this is even legal?  Shouldn’t things such as important as a healthcare be fully discussed and debated in the senate?  Uhh…. yeah.  And not only that, but shouldn’t the items in the stimulus package, I don’t know, actually be related to stimulating the economy?!  One provision was mandating the use of electronic medical records.  Alright, that’s ok, but what on this great earth is that going to do to stimulate the economy?  I know!  About as much the stimulus is going to do:  Nothing.  Honestly, I couldn’t care less whether or not we use electronic medical records, but come on senators, let’s be honest and transparent (Obama’s word of the week) and not sneak things into 5,000,000 page bills, okay?  I think we’d all be a little better off.

So what do you think about this injustice to the country?  Shouldn’t things like healthcare provisions be included in something like a, uhh, healthcare bill?  I encourage you to e-mail your senator today and let him know just how wrong this is.

Thanks for reading!

Rick

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Filed under Barack Obama, Economy, Senate

Here’s an Idea: Let’s Ban Stimulus!

Soooo, where is the plug for the money waterfall?

Soooo, where is the plug for the money waterfall?

Why on earth does congress even try anymore?  They have proven one hundred times over that they are simply not compable of being compitent or rational.  The majority are also not able to resist the temptation to slip in their little “extras”, ranging from subsidies for struggling artists to millions for a boat to break up “dangerous polar ice”.  So from this day forth, as deemed by me, stimulus packages and discussions regarding stimulus are banned from America.  Thank you.

Now back to reality.  As much as I would love to be able to ban stimulus packages altogether, I simply don’t have the power.  And as I sit here and watch the fearless leader preach his fearmongering and propaganda on C-SPAN, I am becoming increasingly convinced that stimulus nonsense will become commonplace in this country.  And until the next elections, when hopefully Republicans can rebound in congress, the nonsense like polar ice boats and artist subsidies and national parks improvement will more than likely be thrown in there too, all for the benefit of the country of course.  (By the way, check back here in a few days for a special on all the nonsense thrown in the stimulus that apparently will save us from financial ruin!)

So here’s what I say, ban stimulus and instead try what’s proven to work:  tax cuts to EVERYONE, not just the people that don’t pay taxes at all. (No, I’m not referring to Democrats, here I’m actually talking about the people that aren’t supposed to pay taxes.)  A quick look back at history shows that these kinds of tax cuts work.  Early 1980s saw record unemployment and a recession.  Solution?  Tax cuts.  Result?  Out of recession and into some of the most prosperous years the United States has seen in recent memory.  Why on earth the Democrats in congress don’t even want to consider this blows my mind.  The only thing I can come up with is the simple fact that they apparently pay no taxes, so a tax cut wouldn’t benefit them at all.  So I encourage everyone to e-mail or write to your congressmen and women and encourage them to vote against this and future stimulus packages.  Let them know that there are tons of us out here that would rather keep our money off the bat than have the great government collect it then redistribute it at there liking!

So what do you think of the stimulus?  Are you as stunned as I am at the lack of cooperation in congress?  Or how about there ignorance to the fact that we actually don’t want to pay for the polar ice boat?  Leave a comment below or send us an e-mail.  If it’s good we just might feature it on the site!

Thanks for reading!

Rick

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Filed under Congress, Economy

Obama: Capitalism Fails!

In a press conference yesterday Barack could be heard giving the Dems what they like to hear.  When he began talking about the economy and talked about the economic policies for the last 8 years (trickle-down economics, tax cuts, CAPITALISM, etc.) he stated, “Let me be clear, those ideas have been tested and they have failed.”  Ooooh right, because stimulus packages have such a great track record for helping out the economy and all.  I mean come on, really?  To say that tax cuts, capitalism, and trickle-down economics have been proven to fail compared with the fail that is a stimulus package is moronic.  COME ON BARACK.  The last stimulus package had the same effect of throwing a peice of iceburg lettuce at a building and expecting it to fall.  Nada.  The money is lost forever and the stimulus failed to stimulate anything except for false hope.

It’s fascinating revalations such as this one that really make me wonder about where we’re headed.  Putting more confidence in a stimulus than in the fundamentals of the country is one bizarre to look at things.  So what do you think?  Are bailouts the wave of the future?  Or are you with me in thinking that they should be formally banned?  Let your voice be heard by leaving a comment or sending an e-mail.  It just might be posted on the site!

Thanks for reading!

Rick

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Filed under Barack Obama, Economy, Uncategorized

The Bailout Fad

Line up for you free bailout!

Line up for you free bailout!

Ahh, I just love a good bailout. Don’t worry about being responsible with your money, Nancy Pelosi and her squad of liberals will be at your door very shortly with a whopping check to “solve” all your troubles!

Hopefully, everyone sees the sarcasm in that.  My opinion is actually completely opposite of that.  I DESPISE the current love affair the democrats in congress have with bailouts.  They seem to have the mindset that the more money you throw at the problem the better off we are and everyone is happy.  False.  The kool-aid drinkers are happy, but those that understand the economy are left scratching their heads.  It blows my mind as to why they continue proposing these bailouts that clearly don’t work.  The first economic stimulus package failed to do anything, so they are proposing a new one.  Of course!  If at first $170 billion doesn’t jump-start the economy, throw another package right on down!  That doesn’t even make sense.  Now, they have a package designed to specifically bailout Detroit.  No, not their dreadful football team (For those that don’t follow football, the have lost all 8 of their games so far), but the automakers in Detroit.  They are now proposing $50 billion to give to struggling automakers, and while I know the auto companies certainly need some help, this is not the right way to go.  My main point with this rant is where will all this end?  Are we going to continue bailing out every industry in the nation until every executive get’s their spa trip at a luxurious resort?  Something needs to be done.  At the rate we’re going, I wouldn’t be surprised if tomorrow Pelosi speaks on a bailout for struggling lemonade stands across the country.  Eventually you have to draw the line, and most sensible people would have drawn after the first stimulus failed to make even a knick in the economy.

Thanks for reading!  Have a response to this article?  Make a comment or send us an e-mail.  If you send something insightful we might just feature your e-mail on the website!

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Filed under Congress, Economy, Politics