State of Our Economy – April 2011

April 20, 2011 0 Comments

Ok, so here it is … the month of April 2011. Pretty much more of the same. The biggest items that have me concerned at the price of oil and the value of the dollar. The Bad Standard & Poor lowered the long term debt rating of the United States from neutral to negative. This means our long term financial stability is unreliable. This could in turn lead to higher interest rates when the government borrows money. In other words, when the government issues bonds to raise money to pay…
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Ramblings

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Congressional Compromise or Obstruction?

April 20, 2011 0 Comments

obstruction congress

The word obstruction has replaced the word compromise within Congress, and to some this is infuriating. Why can’t these obstructionist republicans simply pass all the legislation the democrats want? After all, the democrats are the majority so they should get what they want! Why do the republicans have to stop every bill in the House? Why must they filibuster everything in the Senate? For some this is frustrating, but this is the way it’s supposed to work. That’s why we have three branches of government. One branch can shut the…
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Legislation, Politics

Inflation In the United States – It’s Already Here!

March 31, 2011 0 Comments

Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index (normally the Consumer…
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Economy

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US Involvement in Libya – Part 2

March 25, 2011 0 Comments

So it would appear Barrack Obama has such a good reason for attacking Libya, he doesn’t think he needs to let Congress know. This last week, he alone decided to launch attacks on Libya without consulting with Congress first, then bolted to Rio De Janeiro. This by itself is grounds for impeachment, not that he traveled to Rio De Janeiro, but given the fact he authorized military action in Libya when at no time was the United States in direct danger as a result of the events taking place. Even…
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Foreign Policy

State of Our Economy – March 2011

March 24, 2011 0 Comments

I’ve decide to put up a blog entry each month pointing out the good and the bad things taking place in our economy. Just the facts and numbers … with snide remarks when appropriate. I’m doing this because it’s sometimes hard to get past all the spin and deliberate misinformation put out by our government. I’ll break down the state of the economy into two sections; the good and the bad. The index, which tracks home prices across 25 major markets, declined 3.8% between December and January and 3.4% year-over-year….
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Ramblings

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United State’s Invovlement in Libya

March 7, 2011 0 Comments

Do we get involved, or not? That is the question haunting the Obama administration as the World stands by watching and waiting to see what happens in Libya. Perhaps the better question is, what do we have to gain by getting involved? One could hardly argue that Libya is a threat to the United States. Libya does not have a nuclear program nor do they have a delivery system, such as a ballistic missile, that could harm the Unites States. Although Qaddafi was our enemy back in the 1980’s, he…
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Foreign Policy

Wisconsin Public Union Protest

February 25, 2011 0 Comments

unions

In my opinion, the issues related to the Wisconsin union protests need to be simplified. There is a tremendous amount of spin taking place when it really boils down to just a couple things. One of them being funding. And let’s not forget this very important fact; the unions protesting all around the country are Public Worker Unions, not Private Worker Unions, like the United Auto Workers Union. While their goals are one and the same, there is a huge difference in how each is funded. Therefore, I’ll present my…
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Economy, Ramblings