Just The Facts

Rick Newman, On Friday October 22, 2010, 10:11 am EDT
If the goal of the stimulus plan was to reverse the worst recession in 75 years by the time of the next election, then sure, it was a failure. But most mainstream economists believe the stimulus helped end the recession months, and perhaps years, sooner that it would have ended on its own. The nonpartisan Congressional Budget Office says the stimulus plan added significantly to GDP growth and boosted employment by somewhere between 1.4 million and 3.3 million jobs. The problem for Democrats is they made foolish predictions about how the stimulus plan would save the economy, saying, for instance, that unemployment would top out at 8 percent in 2009 and be falling consistently by now. So they set themselves up for failure by creating unrealistic expectations. Economically, however, the stimulus plan was a modest success, and looking back it's not clear that any other ideas at the time would have worked better. The reason the economy still stinks is that we just endured a violent recession plus a financial panic, and a thoroughly trashed economy doesn't heal on a convenient political time-line.

October 25, 2010

When you click on a .com, .net, or .tv site, you should be suspicious of the contents, destination and use of your information. When you click on a .org site you should be cautious of scammers.

MY QUESTION FOR THE DAY IS: Does anyone police the .gov's to insure that the entity is a government organization, and the .org's to insure that the entity is a registered nonprofit organization?

My question for the day is:

October 22, 2010

Why are voters so willing to accept and pass on false claims by Republicans?

Clinton: GOP 'banking on you not thinking'

From NBC's Adam Verdugo BALTIMORE -- Former President Bill Clinton thinks that voters need to pay attention to the facts like they pay attention to their sports. "When we care about something that's really important to us, like football or basketball or the World Series -- some life or death deal like that," he said sarcastically as the crowd laughed, "I mean we know the facts, right?" "You listen to ESPN talking about the last game in the National or American League baseball playoffs, why, you'd think you're listening to Einstein, the way they go through the facts," he said. "It's only when something has absolutely no significance to us -- like the economy, the future of our children, the way the nation is going to turn up -- when we say 'don't bother me with the facts I got my mind made up.'" "You're laughing, but it's true isn't it?" Clinton said. Clinton's contention is that Republicans have been playing loose with the facts in recent ads, and he wants voters to pause. "Suppose we think about it," he said. "This crowd," Clinton added, referring to the Republicans, "they're banking on you not thinking. They're banking on some people being so mad that facts don't matter and other people being so apathetic that facts don't matter." Case in point, Clinton says: "The Republican argument goes something like this," he said. 'Hey, they got the White House and the Congress, and we gave them 21 months to get out of that hole that we left them. And we're not out so throw them out and put us back in. We may not be out of the hole yet but it was a real deep hole. At least we stopped digging." The former two-term president said Democrats were asking for "four years to get out of a hole the American people gave them eight years to dig." It's only fair, he added. His other message to Democrats: they need to turn out on Election Day. He cited statistics from the 2008 campaign in which African-American voters turned out in greater numbers than the general populace. And he geared his message to younger voters, calling them "tomorrow's America." "None of these races would look like they do if tomorrow's America," he said, "the America that showed up in 2008, would just show up in 2010." The 64-year-old former president also took some time in his remarks for self-deprecating humor, recalling a recent speech he gave to a young crowd at a university, calling himself "ancient history." "It's kinda like going to the museum, except the mummy's not wrapped yet," he said. Clinton made these comments in Baltimore, Md., in front of a crowd of hundreds. He was campaigning for Gov. Martin O'Malley, who is in a race against former Maryland governor, Bob Ehrlich. Clinton, a former governor himself, said it was a job he knew something about. Clinton's visit came a day before early voting begins in Maryland.

MY QUESTION FOR THE DAY IS:

Should the Internet Giant “Google” be required to provide equal

advertising space to all political party's?

End tax breaks to stop overseas hiring

WASHINGTON – End tax breaks that reward some U.S. companies with overseas subsidiaries and encourage those businesses to create jobs in other countries, President Barack Obama is telling Congress.

Yet it's an idea that has raised concerns even among some lawmakers in the president's own party.

At issue is a bill, now stalled in the Senate, that would do away with some tax credits and deferrals for U.S. companies for operations abroad.

"There is no reason why our tax code should actively reward them for creating jobs overseas," Obama said in his weekly radio and Internetaddress Saturday. "Instead, we should be using our tax dollars to reward companies that create jobs and businesses within our borders."

Though Obama singled out Republican opposition, the bill also failed to get support from some Democrats, including the chairman of theSenate Finance Committee, Sen. Max Baucus, D-Mont. He has expressed concern that the change would put the U.S. at a competitive disadvantage.

The ending of the tax provisions has run into opposition from business groups, including the National Association of Manufacturers.

Obama said that while companies that conduct business internationally do make an important contribution to the U.S. economy, it doesn't make sense to grant them tax breaks when companies at home are struggling to rebound from the economic crisis.

Obama has said he wants revenue collected from ending the tax provisions to go to other business tax breaks, by making permanent research and development tax credits and allowing businesses next year to write off all new equipment costs.

In the GOP address, Rep. Mike Pence, R-Ind., urged House Speaker Nancy Pelosi, D-Calif., to call Congress back into session to take an immediate vote on whether to extendBush-era tax cuts.

"The prosperity of the American people is more important than the political fortunes of any politician or any political party," Pence said.

Pelosi and Senate Majority Leader Harry Reid, D-Nev., have said the tax issue will be taken up after the Nov. 2 election.

Economics of A Crumbling Infrastructure

Repairing and upgrading our infrastructure is a time tested and proven method to turn around an economic recession or depression. The reason that it works is, it provides jobs with a long enough duration to both boost and substain the economy while workers are being retrained to meet the current and future job demands. House Minority Leader John Boehner objected to President Obama's infrastructure plans because he knows that it will work and he does not want the Democrats to get credit for cleaning up the mess left by the Bush administration.

After Market Warranty's.

Beware of automotive after market warranty's. The warranty insurance is usually through a company unrelated to the company from which the warranty is purchased. An example is US Fidelis (now in bankruptcy proceedings). If you have any sugestions that can help the victums of US Fidelis and other after market warranty company's post your comments on http://luvastor.blogspot.com. or email me at www.iamjonymor@gmail.com

The Stimulus Bill, A Historical First

The Stimulus Bill passed by the Obama administration will be remembered as the first Stimulus Bill to return a monetary profit and accomplish it's intended goals.

This is a historical first and sets a precedence that will be followed by succeeding administrations. President Obama's accomplishment will rank him among the best of American Presidents and the attempts by Republicans and the racist elements of this country to derail his programs will not alter what he has accomplished.

If we revive the “Yes We Can” spirit and pick up two more congressional seats, then President Obama can accomplish all that he promised.

After market Warranty's

Because my car was getting up in age, I purchased an extended warranty at 92,877

miles on a 2000 Daewoo, February of 2009. Never had a serious problem with car,

always maintained the necessities, oil, brakes, fluids, tires, alignments,check for worn

hoses, wires, etc.. NO PROBLEM. At 107,000 miles timing belt broke. NOW THE

GOOD STUFF> COVERAGE!! My timing BELT broke, and because my coverage

says timing chain and timing gears, my coverage is NO GOOD. This broke belt

probably caused other damage in the engine, which causes me to need another

engine to be installed. BEWARE, READ YOUR WARRANTY FOR COVERAGE!!!
My contract says all lubricated parts of the engine, who knew the belt was not a

lubricated part, I would think the belt needed lubrication to keep running smooth??

So why is it not covered? EVERYONE, re-read your warranty contract and call for

questions, you may want to cancel it..
I have addition comments, but got to go. 

Besse

A Short Expose

My problems are tiny in comparison to President Obama's, but the trend is similar. A series of small lies or untrue statements can rip apart an agenda, a person and even the President of the United States of America. There has been so many events that I can relate to you, but because of space and future plans I will limit my story.

This chapter began in 1965 at Milling ton Naval Avionics School. I began ASW school as an E4 Air Anti-Submarine Warfare Tech. Because of my rank, race and fleet experience, two white sailors complained to me that they were being pressured into joining the KKK. I took their complaints to the school commander because it was my duty to expose an organization that required you to swear allegiance to it. It was a serious violation of the UCMJ to swear allegiance to any organization while serving in any branch of the US Military.

Because of my diligence in trying to help the two sailors, I was black listed and sent to an ASW squadron in which the executive officer was the top KKK person for the San Diego area. He made my service in VHS 35 a living hell.

The part that I relate to President Obama is all the small lies and untruths that he put in my service jacket, just as the Republican party is telling small lies and ignoring the truth about Obama, and his agenda. The tactic is the same, but I'm hoping that the voters will see beyond the obvious and read between the lines and realize what the Republican Party is trying to do.

My case ended with a military court martial on false charges, and the murder of two Naval Officers the day before my court martial that were going to testify that the the executive officer (now commanding officer) was the lead man for the KKK in San Diego and that the charges against me were false.

It is a very simple matter to adjust an altimeter to reflect 25 feet underground as being the surface and during an instrument landing, it would be enough to cause an accident. The Officer from Warren, MI that died in the accident would sneak in to my barracks after midnight to talk to me and assure me that he and his co-pilot would be at my court martial. I have tried to shield his family from the aggravation of knowing that their loved one did not die in an accident as the Navy claimed, but died trying to defend me and the honor of the U.S. Navy.

The safeguards that the UCMJ affords a defendant that believes that the decision will be prejudiced if decided by his command were ignored, so when I requested that I be tried by another command, I was transported to another base and in violation of the UCMJ, unauthorized officers sat on the board and issued judgment.

My service record was not pristine, but I loved the military and serving my country and but not for the power of the KKK in the U.S. Navy, I could have easily put in 30 years. President Obama loves this country and is dedicated to serving all of the people do not turn your backs on him because of small lies and untruths. I hope this small expose gives you reason to think and hope for a better tomorrow.
Johnny Moore