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Archive for the 'Economy' Category

11
May

Good For Them

I have been pretty much opposed to TARP (Troubled Asset Relief Program) from the start.  I felt we were bailing out businesses that either had the capital to help themselves or needed to go through the bankruptcy process.  However, TARP was the easy way out.  With that said, I have to commend three banks.  U.S. [...]

26
Mar

Nationwide Tea Parties on April 15

A website is up that is organizing “Tea Parties” for April 15.  About a month ago, there were some tea parties across the country on very short notice.  The Tea Parties are where “we the people” (remember that unique concept in the Constitution) can speak out against the irresponsibility in Washington.  From the site: The [...]

24
Mar

AIG Bonuses

I have remained mum on the AIG bonuses for a few days.  However, here are my thoughts on the matter.  Firstly, if Congress did not want them to get the bonuses, they should have actually read the legislation they passed (there’s a novel idea) and removed the bonuses from that legislation (the stimulus bill).  These [...]

26
Feb

List of February 27 Tea Party Sites

America’s North Shore Journal has a list of Tea Party Sites for February 27, 2009.  Unfortunately the closest one to me is about two hours away (in Asheville) and I won’t be able to make it.  However, if you can get to one go.  Let your voice be heard that we are SICK OF IT! [...]

23
Feb

History Lesson – The Boston Tea Party

Ol’ Broad posted this School House Rock video about the Boston Tea Party, which I remember growing up as a kid.  The video is so simple, even our politicians can understand it.  (However, I am sure they will ignore it).  So go watch an learn.  And don’t miss the very important part at about 2:37: [...]

21
Feb

CNBC’s Rick Santelli Goes on a Wonderful Rant

CNBC’s Rick Santelli went on a bit of a rant on the trading floor in Chicago the other day.  You have probably already seen it, but if not, check it out: Hopefully more people feel this way, and we will force our government to take notice.  We must start voting these guys out of office [...]

17
Feb

US Production is Still Strong

Everywhere we look around us, it seems like we see “Made in China” or some other country.  Rarely do we see “Made in USA” on our everyday goods.  However, the US manufacturing industry is still strong.  It has just transitioned to higher class goods.  This stat amazed me: The U.S. by far remains the world’s [...]

13
Feb

Lack of Transparency in Government

Well, just like the trend has been going over the last several years, the Democratic leadership in the House of Representatives have broken their promise in an effort to cram through their “Stimulus” bill.  The House voted to allow the American people to read the text of the bill for 48 hours before it was [...]

11
Feb

Obama Shows Lack of Faith in America

Unfortunately, the President of this great country has completely dismissed the people of the country to solve problems.  He thinks the people are helpless and hapless.  In gathering support for the second spending bill in less than a year he said: But at this particular moment, with the private sector so weakened by this recession, [...]

06
Feb

Handling the Money

NPR has an article about the earmark-free stimulus bill.  Apparently the bill gives up control of how the spending is done and allocates this to states and lower levels of government. “Someone has to decide how money gets spent. It’s either going to be Congress or the executive branch or states or municipalities,” says Fred [...]

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