A quick history lesson on the types of governments and what America really is, and why. Check out the video and share.
Posted on 04 July 2010 by admin
A quick history lesson on the types of governments and what America really is, and why. Check out the video and share.
Posted on 03 June 2010 by admin
Last year saw huge changes in the U.S. beginning just as Obama promised in his campaign. For example, GM’s CEO is out. Obama said new leadership. Therefore, government Motors is in. GM filed bankruptcy and was out of it in one month. So much for the shareholders. Dealerships had contracts canceled.
Quoting CNN from last year, “A senior GM official official told CNN that the White House and its auto task force had “sent very clear signals” that the key to more help was “new leadership” and something that would help the administration see real change.”
Real change, you bet.
Today, GM is 60% owned by the federal government and received $52 billion in federal aid. Even though the advertising says GM has paid the money back, it’s still a government controlled company. Did you know today’s GM CEO Whitaker receives $9 million in compensation? Where’s the outrage for CEO compensation from the White House on this one?
Will Government Motors be better run than when GM was in the private sector? When wast the last time the government acted fiscally responsible? Turned a profit? Had better products because it was competitive? If you need help, consider the Postal Service…going broke, reduction in service, etc.
In order to get more help, the government apparently tells businesses what to do and how to do it.
Small business doesn’t have that luxury. That’s good.
Small businesses and entrepreneurs generally have to keep sharper to turn a profit and compete. And that is good for the consumer. Better products, better prices, better service.
However, with any business – large or small – you can only have two of the three. Quality, service or price. Someone will beat you on one.
Small businesses generally do not get tax incentives, bailouts, reduced costs due to economies of scale – but somehow seem to make it work.
If customers don’t buy their products, it’s generally because the businesses are not competitive, innovated, or creative enough.
Speaking of good products, I remember people referring to GM products having a Fischer Price interior. Some of the pickup trucks looked like Lego’s. That sounds creative – if you are selling to my kids. However, there are some better autos, and ones I will buy in the future – Volvo, BMW, etc.
However, I bought a Ford this weekend.
I have a Suburban, only for a few more days, Also, living in Texas, Chevy’s air conditioners are horrible. I considered a Traverse, but decided against it for a few reasons. (Reread the above paragraphs.)
My Ford is nice and will serve its purpose, but I would really prefer a Volvo XC90 or a BMW, these cars “fit” and the performance and handling are superior. I’ll probably get one next.
I like my Volkswagon. When my mom asked what my VW wanted to be when it grew up, I said “a BMW and they are ‘Made in the USA’ “.
Posted on 01 June 2010 by admin
It’s hard to comprehend Michael Savage’s caller, Jo from Florida, on how a country operates.
However, after speaking to a relative of mine this weekend, who has a computer science degree and a master degree with a very good job, he made the same comment, “The money comes from the government”, to which I replied, “where does the government get its money?” He couldn’t answer.
Listen to the following call-in; words are hard to describe this woman as well as others like her. Is this what the U.S. has to look forward to by being a welfare state?
Posted on 21 April 2010 by admin
I was reading an article today from the Money Game talking about Barack Obama and his comments on the VAT tax (value added tax). What is interesting about the comment is Obama said “my first priority is to figure out how can we reduce wasteful spending…”
My thought right here was, “who needs to reduce wasteful spending?”
The American people or the Federal Government?
From the looks of the following graph, the Federal Government’s spending is out of control.
In addition, I received an e-mail from a relative the other day (which is the source of the graph) stating:
“…babbled again today about Obama inheriting a huge deficit from Bush.
Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.
For FY 2009, though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.
And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009…
In a nutshell, what Obama is saying is, “I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.”
So much for the dog & pony show and lip service.
By the way, did CEObama pay 90% income taxes on his $5.5 million (or part of it) as did CEO’s who received bonuses – which were allowed by Congress in the bailout bill?
Posted on 19 April 2010 by admin
Kelsey Grammar introduces RightNetwork’s new show “Politics & Poker” to air this summer. I’ve watched him in movies, TV and of course my favorite was Cheers back in the 80′s.
Instead of being set in liberal Massachusetts, which Cheers was by being located in Boston, RightNetwork is a network set for conservative views going back to Presidents Reagan and George Washington.
Take a look, and have a pig in the blanket while watching.