Tuesday, October 14, 2008

Work

Why is it when the economy gets worse, you have to work harder... :P

Anyways... work has been wearing me out, and so I haven't posted in a few days.  I will attempt to get up the energy to post something tomorrow.

I have been watching the markets... and I think that despite our surge yesterday, we haven't seen the bottom yet.

Thursday, October 9, 2008

Michael Savage begins forming third party.

Fed up with the two party system, and how corrupt and inept the Republican Party has gotten over the past 20 years, radio talk show host Michael Savage announced today on his radio show that he will start a third party, based on the three principles of borders, language, and culture.

Personally I have found that I agree with many of the opinions of Michael Savage, and will be following this movement very closely to see if it is truly a viable option.  While most third parties seem to crash and burn, I believe there may be a real desire by a large amount of voters to see the emergence of a strong third party that stands for the strength of our military, the protection of our borders, and the protection of citizens against large government politics.

You can check out more at: http://michaelsavage.wnd.com/index.php

Market Fall

The market has continued it's tumble.  I am not a market expert, but as I understood the whole "bailout" plan, this was something it was supposed to prevent.  A continued fall cannot be good, not just for the US, but for the rest of the world.

Personally I see two reasons for the market fall.  Most investors see the bailout as a bad thing.  They see it as the government having their hands in the market way to boldly and broadly.  The second, is who I will refer to as pirates.  These are the greedy bastards that need to be put in jail for the outright theft they are committing on the market.  They have been short selling companies (which I am not sure exactly how you can actually make money by driving the price of a stock down...)  and then when they fail under the pressure, they are buying up the assets for pennies on the dollar (which may be the whole way they profit off of short selling... but as I am not a market expert, I really don't know.)

The failure of our regulatory system to maintain fair business practices is honestly really killing our market right now.  And while other posts I have made have spoken against government intervention, I do completely agree that the government does need to enforce fair and reasonable business rules, so that pirates don't run the system into the ground.

Well...  I certainly hope it does stop soon... but I don't see it really stopping short of under 5000 honestly.  And we will see the failure of many more businesses along the way... and a lot more of government nationalizing even more of our private industry.  

Tuesday, October 7, 2008

Vote

I voted tonight... Vote by mail in California is quite nice.

Just encouraging you all to make sure you vote this year.  Even if we don't agree on things, I would rather you cast your ballot, then to sit by the sidelines and let others do the deciding for you.

So... go vote.

Governmental Interventionism

It never works... Governmental Interventionism.  Yet, people keep up the hope that maybe this time, it will work.  Government programs rarely, if ever, produce the results hoped for or promised.  And this one will not be any different.

Lets examine some other big government programs that were meant to produce great results, but have not.

FDS is as good of a place to start.  He many big budget, big government programs that were designed to "reboot" the economy.  He created the WPA who built roads, bridges, and highways.  Many of them are used today.  But these programs did not create permanent jobs, stimulate business, or make a dent in the Great Depression.  I do agree that it was better then straight handouts from the government, but they still did very little, if anything for the economy.  It required business owners and industrialists to pay higher taxes that did not help their own business's grow.  The end of the Great Depression can be directly attributed to the beginning of War War II and the massive increase in the armaments industry.  Ye, many people ignore this and try and give FDR credit for getting us out of the Great Depression.

Social Security is another failed program.  It is the single highest tax on low income people.  The purpose of Social Security was to provide a safety net to people whose retirement savings failed to materialize as planned or disappeared due to a stock market collapse.  But instead it removed the incentive for millions of people to save for there own retirement.  Instead we now have a system that is going bankrupt because of the increasing number of people drawing benefits, and because of the Governments inept handling of this money.  And the people on Social Security live in absolute poverty, as the payments can barely pay for even the most basic necessities.

We come to Welfare... a plan with a great idea, and a "feel good" mentality.  The program was intended to help single mothers, whose husband left them, or who got pregnant in other unfortunate circumstances to be able to raise their own children.  Instead we have created a new "welfare" class of people.  Women figured out that they were better off not getting married, and having even more kids, as payments increased for each child.  We now have a complete collapse of the family unit.  We have a generation of children growing up in homes without a father, and this program is a huge portion of our federal budget.

Now we have allowed our government to spend $850 billion that we do not have.  We will pay for most of this likely with an increase of taxes on the job creation class, printing new money, and an expansion of our national debt.  The amount of interest is paying is astronomical and one day there will be a point where the government will either have to inflate the value of money be just printing trillions of dollars, or by going bankrupt.  We have set ourselves on a path to our own destruction.  I just pray that we, as a people, will wake up before it is too late.

Wednesday, October 1, 2008

Sorry for the absense

I was sick for a few days, and couldn't really compose my thoughts... so sorry for my lack of writing. It should continue normally now. :)

Do our Senators listen?

Today on the radio, I was listening to Diane Fienstien talk about the "recovery plan" that she wants to thrust on the American people. She said that she has received 85,000 contacts from people in California telling her to vote against the 700+ billion dollar bailout.

What she said next was even more astounding... she said that we, the American people, don't understand what the Senate is trying to do, and that the country NEEDS this bailout. But wait... that wasn't all!

Then she proceeded to tell how she tacked on some pork barrel spending to the bill! California needs a light rail system! And the Federal Government should fund it! Wait! It gets better!

Barbara Boxer then states that she has added onto the bill that insurance companies are going to be required to treat mental health problems as well! Adding another 3.2 billion dollars to the plan! Where will this end??

Listen up politicians... your constituents would rather see a 10 year depression of the likes of the 1930's, before they want socialism thrust permanently on us. Let bad business FAIL. Bailing out bad business and banking practices can only lead to more of the same... and more tax bailouts... and more taxation of our people.

Let them fail. We don't need to spend money we don't have!