24 Sep
Posted by John as AIG, Barack Obama, Chris Dodd, Cutting Prices, Economics, Fannie Mae, Freddie Mac, General News, George W. Bush, Happiness, Is it OK to get Rich?, Joe Biden, John McCain, Lehman Brothers, Politics, Presidential Election, Sarah Palin, State of Affairs, USA
Humpty Dumpty sat on a wall.
Humpty Dumpty had a great fall.
All the king’s horses and all the king’s men
Couldn’t put Humpty together again.
The more and more I look into this house of cards that Wall Street, Fannie Mae, Freddie Mac and the US Government had built, it becomes more and more crystal clear that this is biggest screwing the American Taxpayer has ever taken.
This house of cards was built on top of the sand, not on top of the rocks. It was banks forced to loan money to people who were not capable of paying it back to advance the American Dream of owning a house.
Instead of a chicken in every pot, it was a house for every American, whether you could pay for it or not.
It was the advancement of socialist ideas that caused this fall. It was not smart business.
The headlines and sound bites will blame it on CEO with big pay with companies going belly up. Golden parachutes and the whole nine yards.
Don’t be fooled by all this, this is nothing but over regulation by the government, forced by Democratic policies.
There are many successful public companies and the pay the CEO gets is well earned.
But when you look at the companies involved…
Fannie Mae (Mortgage) (Bailout)
Freddie Mac (Mortgage) (Bailout)
Lehman Brothers (Investment Bank) (Bankrupt)
AIG (Insurance Company) (Bailout)
The government is looking for more money to prop several of these companies up. But why should we trust them to get it right this time?
It makes no sense what so ever.
What are thoughts about this situation?
Here’s to Your LifetoSuccess,
John Clark
John, Your on the mark, man. Here's a Coffee to keep you posting!
21 Sep
Posted by John as Barack Obama, General News, Happiness, MSNBC, NBC News, Politics, Presidential Election, Racism, State of Affairs
I was reading through some of the headlines while eating my breakfast and I almost vomited when I came across this headline:
Poll: Lingering Racism may hurt Obama
I thought that was an interesting headline so I clicked over to see what it was about. And the headline on the next page went on as:
Poll: Racial views steer some away from Obama - One-Third of polled Democrats harbor negative views towards blacks
Now what I find very interesting is that:
1. They are already chalking up Obama’s loss of the election to racism.
2. They are blaming it on the racism of the of DEMOCRATS. How interesting is that?
They are blaming racism of the democratic party. The party that believes in equal rights and affirmative action. Can you believe it?
The polls haven’t even opened, yet you are already starting to see stories surface in the media about other democrats distancing themselves from Obama.
Let me enlighten you, the only reason why Barack Obama will lose this election is because he hasn’t sold himself as the candidate we want to elect as president. And it doesn’t matter what the color of his skin is.
He, like Joe Biden, is elitist and they think they are above the people they are trying to get to elect them. It’s apparent in every syllable they utter.
Let me paint this picture…
You have to hire someone to work for your company, this employee will be working closely with your customers and you sell high end cars
The next applicant walks in for the job, he is dressed in pants pulled down halfway that expose half of his underwear. He has an iPod on and he has his earphones in and he is gyrating to the music. He is also wearing a baseball cap, a little big for his head and the cap pulled slightly to the right. Also while you are interviewing him he only pulled one ear phone out to listen to you.
Should this applicant get the job based on this description? I would say no. I didn’t mention what his skin color was, but does it matter? I would say no.
As Barack would say, “You can put lipstick on a pig, but it’s still a pig.” Right?
Remember this, only reason Barack will no be elected is because he has not sold us that he is the one to be elected. And if in the end he says it is because of racism, then we made the right decision. We will truly see the real measure of the man, when he is not elected.
Here’s to Your LifetoSuccess,
John Clark
John, Your on the mark, man. Here's a Coffee to keep you posting!
17 Sep
Posted by John as Bank of America, Barack Obama, Bill Clinton, Economics, Fannie Mae, Freddie Mac, George W. Bush, Harry Reid, Hillary Clinton, Is it OK to get Rich?, Joe Biden, John McCain, Lehman Brothers, Merrill Lynch, Politics, Presidential Election, Sarah Palin, State of Affairs, USA
It’s been a pretty interesting week, in the economic arena this week in the US.
1. Lehman Brothers filed for bankruptcy
2. Bank of America buys Merrill Lynch
3. Freddie Mac and Fannie Mae are taken over by the government (Last Week)
And all the finger pointing begins.
I have an eerie feeling about all this…
When all this economic stuff happens all at once it’s very easy to sit on the side lines and start pointing fingers and looking for blame.
We’ll see congressional hearings, we’ll have the CEO’s of these companies being asked questions by senators who over regulated these companies to begin with.
When the our own government asks these companies to give loans to people with marginal credit, and they took the lower rate adjustable mortgage. What did think was going to happen when the interest rate went up and their mortgage payment doubled?
A child with a 3rd grade education could answer that one.
The major problem with all this is that the government is going to look like the savior in all of this and if that happens and the people of the US buy into this watch out.
We will become a socialist country within 10 years.
I want you to think of the complete and utter waste of our tax money that already goes on. They (US Government) can’t even properly manage what they have already.
The only answer to this is to continue as a Market based economy with as little government regulation as possible.
Eliminate the income tax and institute a federal sales tax. That way when commerce is happening their revenues continue to flow, when over regulation starts to happen and commerce slows down their revenues drop.
You can’t tell that the revenue from gasoline taxes this summer, didn’t drop substantially from the over regulation of the US oil companies and their in ability to drill where we know there is oil.
The only answer is a free market economy.
You may ask yourself, “Yeah, that sounds great but what about the programs that the government currently funds?”
Well if you make it a study, you’ll find that the prosperous people are very generous and give very willingly to charities they believe in.
It shouldn’t be the governments place to redistribute wealth.
What do you think? Leave your comments.
Here’s to Your LIfetoSuccess,
John Clark
John, Your on the mark, man. Here's a Coffee to keep you posting!
15 Sep
Posted by John as Barack Obama, Joe Biden, John McCain, Politics, Sarah Palin
One of my mentors, Jim Rohn, says that “You should leave a place better than what you have found it.”
With all the political debate going on and the mud slinging about who did what and who didn’t do what, it is very simple to see who would do the better job.
Simply go back to the communities that they served and see if the communities are better for them being there. This is the ultimate test!
It’s very easy to sit and blame the current administration for the problems that we face but the fact is three of the people who running for the highest offices in the United States are part of the problem.
Again to see if we are better off for them being there let’s examine the legislation that they had pass during their time in office. Let’s see if we as a country are better off for them being there.
Joe Biden - took office in January 1973. That is 35 years. Would it be safe to say the country is better off with his 35 years of meritorious service?
So if you don’t think the country is better for him serving us in the Senate for 35 years, than I guess he is not the answer.
Barack Obama - took office in January 2005. That is 3 years. I have heard on several media sources that the last three years have been the worst in our history. If that is the case than why hasn’t he done more to bring it to our attention. And if he is the candidate of change, why hasn’t been able to get things changed.
He was a community organizer in Chicago. He led an organization to register unregistered voters. I would like someone to write in to the blog and let me know if Chicago is a better place for Barack Obama being involved. The TV news hasn’t had any specials on the miracles that happened in Chicago because of him being there.
Is he the answer?
John McCain - took office in January 1983. He has been in Washington for 25 years. He was a war hero. Is the United States in better shape because of his being in Washington. Out of the three people mentioned so far, he is someone who is not afraid to vote against his party if he doesn’t believe in what is being voted on.
He also stands against earmarks, which is funding in a bill, that is completely unrelated to the bill itself.
Is he the answer?
Sarah Palin - elected Governor of Alaska in December 2006. She ran a Clean-Election Campaign. She overwhelmingly beat the other Republican candidate in the primaries. She then went on to beat the sitting Governor of Alaska by an 8% margin.
Was the State of Alaska looking for change. I would say by their voting they were.
She has a history of getting things done in her state. I encourage anyone to go and visit: http://en.wikipedia.org/wiki/Sarah_Palin and check it out.
One of the greatest ways to see the future is look at the past. Is the country better off for these people already being part of the problem?
That is the question.
Here’s to Your LifetoSuccess,
John Clark
John, Your on the mark, man. Here's a Coffee to keep you posting!