Posts Tagged ‘Recession’
» posted on Thursday, November 8th, 2012 at 8:46 pm by madblog
I didn’t post a blog yesterday so I could fully inhale the same smoke that those that voted for Obama must have been inhaling… But instead I was told to eat crow, called a treasonous loser, stupid and an idiot, and that was from just from some distant relatives. In one case because I posted a quote from Thomas Jefferson’s speeches during the debates over the founding of the country. Of course I also saw the repeated name calling of conservative talk show host and nose thumbing too.
Over the last four years I have researched and told family and friends what the Obama agenda was going to be for his second term and how it would raise unemployment and prices on just about everything. Yes I know it is only 48 hours or so after Obama has been re-elected and all the politicians are now once again asking for compromise and talking, but a quick look at the news and it looks pretty bad for many already. Many companies have already sent out layoff notices or explained that they will be soon.
To make matters even worst the current lame duck congress needs to either create a defense budget or a plan to delay the Sequester cuts that will take affect just as people return from Christmas and New Years vacation. These cuts will thousands of government and defense contractor jobs and hurt military personal with possible temporary reduction in pay. According to economist this will once again have the US economy taking a nose dive to recession.
Now considering that we have a Speaker (Rep. Boehner) that has no backbone in my opinion, at least in the last two years he caved in many deals with the White House in the past and the Majority leader (Sen. Reid) in the Senate that is currently attempting to change Senate rules over filibusters to make it almost impossible for the minority to have a voice… Oh did I mention that that same majority leader also never allowed a single GOP bill come to the floor yet blamed the GOP for stopping progress… So wheres the compromise that everyone talks about? Like we should believe there will be compromise now?
Almost forgot, the Majority leader has also stated he wants to raise the current $16.394 trillion debt limit by another $2.4 trillion. Why don’t they just stop pretending that debt is bad and remove the limit completely? That way at least we can collapse sooner and the second great depression can start sooner than later. They already driving us off the edge, just get it over with.
But here’s the good news, women won’t have to worry about losing their right to abortion or birth control because Obama won… I mean I know those condoms cost way to much for Sandra Fluke and her fellow college students… Oh, wasn’t Roe v Wade’s ruling in favor of abortion? So doesn’t that mean there was no way any president could remove that right and that it would require a Constitutional Amendment to ban abortion? A Constitutional Amendment that would require two third of both Houses or two thirds of the States to propose an amendment and then have a Constitutional Convention to propose the amendment and after that have three fourths of the States to ratify it…. And hasn’t Planned Parenthood offered low cost birth control and abortion for over 30 years before Obamacare was ever conceived? Damn those little details!
Sadly it seems we have more people that would rather listen to the mass media instead of researching the issues themselves…
2 comments | filed under Election 2012 | tags: Boehner, cnbc, conservative news, Conservative Talk Show Host, defense budget, Defense Contractor, defense news, distant relatives, Lame Duck Congress, Layoff Notices, mass layoffs, Nose Dive, Oh What A Feeling, Recession, Second Term, Sequester, Talk Show Host, Thomas Jefferson, Virginia Store, Washington Times
» posted on Monday, January 11th, 2010 at 7:27 am by madblog
This would be laughable if it weren’t so damn serious to millions. It would be laughable because of the lies the Obama administration keeps telling us. First they kept saying that there was no recession, only to finally admit it three months later. Then they said the stimulus money was working, only to have to admit that they numbers were off because of including money that went to training and marked it as job creation. Now for the past three or four months we have been told how it appears we turning around and starting to recover, however, the numbers when completely revealed show more slide.
People, READ YOUR HISTORY! That’s right! Read about the Great Depression and what was done and how it just kept us sliding down the slipper path. We are repeating the same mistakes we did back then. We are falling into another Depression!
» posted on Tuesday, November 17th, 2009 at 12:16 pm by madblog
Well this fall directly in line with my prediction that the economy will fall some more at the end of the month. It does not surprise me the least bit that the unemployment is head farther down the slippery slopes even though the so called experts are reporting an increase is retail sale, new home sales and such… Nope, just like in the 20′s these are just small hiccups that trigger some to spend money while the majority are holding tight to their money. My prediction is that the next fall will still happen by Christmas and it will tail spin us right into a depression. I pray that I am wrong, but I doubt it at this time that it will correct itself anytime soon.
post a comment | filed under Economy | tags: Barack Obama, Blog, Capitalism, China, Communist Country, Congress, Democrats And Republicans, depression, double dip, Economy, Insurance, Job, Jobs, Money, Obama, Political News, Politicians, Recession, Stimulus, taxes
» posted on Friday, October 9th, 2009 at 10:44 am by madblog
Give me a break! If they want to help the economy they need to do a number of things..
- Call the current situation what is it is… A Recession.
- Stop the printing press!! This in itself will help level off the value of the dollar inside the country. An example of what the printing press of dollars have done is the cost of a hamburger at Denny’s. Just a few month ago I went there and had one for about $6.50. Last weekend it was $9.50. That is call inflation! Just stop the printing press and start the shredders. The banks aren’t passing them out any way.
- Reduce the taxes on everyone in the US. Give breaks to companies that move back to the US and provide jobs. Remove taxes of products that are being sold inside the US. That is what will bring more movement of money in the country.
- Place tariff on companies that manufacture goods outside of the country and sell them in the country.
post a comment | filed under Economy | tags: Banks, Current Situation, Democrats, Denny, Economic Relief, Economy, Foxnews, Hamburger, Inflation, Jobs, Money, News Story, Political News, Printing Press, Proposals, Recession, Shredders, Stimulus, Tariff
» posted on Thursday, October 8th, 2009 at 10:59 am by madblog
» posted on Thursday, October 8th, 2009 at 10:04 am by madblog
Just what every American need to do…. Pay more in taxes to help them through the recession. But remember that the health care reform will break even. If you don’t count the fact you will be paying for it for three years before it comes out in three years.
» posted on Saturday, October 3rd, 2009 at 12:18 am by madblog
Let’s see… War needs more troops, recession and unemployment, but the most important thing in the country is to bring the Olympics to Chicago. Never mind the cost of flying Michelle on a charter flight with her Secret Service agents, then flying Barrack over on Air Force One and his protection…. Nope money well spent on a feel good pat of the back trip. But wait a second!!! No one told the IOC that the savior was going to being there, or did they know and chose vote on value to a country. Not to mention, I guess it doesn’t help to have a teenage beat to death only a few days before voting on the location either.
I am just SOoooo thankful that Michelle was willing to suffer so much to try to bring the Olympics to the US. I mean jumping on a small little chart plane (747) and then having to shop in Denmark’s high end stores… Oh!!! Don’t forget having to visit all those peasants of the Royal families of Spain, Denmark and others… It must have been just so hard on her..
post a comment | filed under Obama the King | tags: Air Force One, barrack, Charter Flight, Denmark, Few Days, Guess, Ioc, Money, Olympics, Peasants, Recession, Royal Families, Savior, Secret Service Agents, Spain, Teenage Beat, Unemployment, vote