Thursday, April 7, 2011

The Baldwin Doctrine



Alec Baldwin has recently testified that Obama is not flourishing as a President because of a lack in spending. As a result, Alec Baldwin is a blue as they come. The rhetoric of spending and its importance in a vibrant economy is something we were all told but that doesn't stand the test of time. Baldwin might be referencing the expansion of our defence spending by Bush, Great Society under Johnson, or even the national highways with Eisenhower which has all earned them their appropriate places in history, for better or for worse. What Alec fails to see, and so do many others, is that spending only cures short term problems. In the long term, however, it does more harm than any good. Only the good things that come from government expansion are mentioned oh so frequently, leaving the unintended consequences to fall in the background, camouflaged by the short term achievements until reality sets in, if at all.

What most americans to not notice are the successful presidencies that come about those who sit around and do nothing. President Calvin Coolidge is one of those immortal beings that come to mind. Veto after veto, he was able to halt the expansion of the bureaucracy under his term in office with the philosophy that the private sector knew what was best to conduct business as usual. For now we are stuck with the Baldwin Doctrine until the tea party can do anything about it, or else it will be capitol hill as usual.

Wednesday, April 6, 2011

The Spain Conundrum



President Obama has not been successful in transitioning America towards a sustainable energy policy free of foreign dependence. His alternative, however, is to propel America forward with "Green Jobs". Several times in the past when speaking about green jobs, Obama mentioned Spain and its success with developing alternative energy resources to combat the need of using oil and other similiar types of energy as the only means to power its economy. last year Spain admitted that its campaing was a complete failure.



Despite the evidence, Obama does not see the need to budge from his comfortable alternative energy position. If the President continuos down this path, we might just lose the opportunity to rebound.

Act Like Adults

Obama To GOP On Budget: Getting Your Way "Is Not How It Works"


Obama wants both the Republicans and the Democrats to buckle down and act like "adults". At the end of the day this is all good when said and done but rhetoric won't take care of the deficits we have as a nation. If anyone has to compromise, it should the President. After all the record deficit spending his administration passed during the last two years, Democrats are the ones who should not be complaining.

At the same time, the President shouldn't be the one to blame completely. The Bush administration, with its call for greater national defense spending, has also made a dent in our economy to effectively move forward economically. But what americans should be doing now is learning from the past and, with that knowledge, move forward. We have already seen in other countries that modest budget cuts will eventually lead to massive layoffs across both the private and public sectors of the economy. Europe, in the last couple of years of budget crunching, is a testament to that reality. The only way we can make real reform is by making real sacrifices across the board in spending. Even if that means less investment in military projects so that America can at least gain the lead in economic and educational prowess, so be it. And for Democrats, even if it means losing votes in the next election, so be it. For the future of our children and grandchildren.

Tuesday, April 5, 2011

Facebook and 2012



The first signs of social networking corporatism has finally shed its light with Obama's partnership with Facebook's Mark Zuckerberg. On April 20th at 1:45 p.m, Obama is scheduled to stream live a town hall styled conference with a live audience comprised mostly of Facebook employees. This event signals the beginning of Obama's front using popular social networking sites in order to cater to Silicon Valley's finest.

Republican candidates should not discredit the potential benefits that Facebook would have in approaching the larger american public. The unfortunate twist in these new series of events is that Obama's campaign thus far is the first to approach this new platform and thus has the home field advantage. The young adults of the last election had a major impact in electing Obama to the presidency. If Republicans move too conservatively, they might end up losing one of the most important voters in the upcoming election.

Monday, April 4, 2011

Update: $5.6 Trillion Goal



The republican plan under Paul Ryan to downsize the deficit has been increased from around $4 trillion to $5.6 Trillion. The increase, let alone the size of the proposed budget plan, demonstrates the seriousness republicans are confronting the issue of the fiscal crisis America is currently struggling with. Tomorrow we can expect a huge backlash from democrats, especially in the democrat controlled Senate and the president. This will be the true test that will show the whole world as to whether the United States is truly serious about controlling their debt.

The Debt Leverage and a look to the Past



Timothy Geithner has recently raised the alert that the United States is reaching its debt ceiling of $14.3 trillion and must act quickly in order to avoid any colossal impact leading to a decrease in investor confidence. Despite the Republican party using this danger of hitting the debt ceiling in order to lure the democrats into agreeing with their ambitious budget cuts, they are playing along a fine line of risque and pure insanity.
The effects of such a loss in foreign and domestic investment can be examined by looking back at Argentina's troubled economic history. When Juan Domingo Peron became President in 1946 after being democratically elected, he proceeded to nationalize all of the utilities and services own by foreign companies in order to cater to the superficial wants of his electorate. Much to everyone's dismay, the nationalization of these enterprises only brought pain and chronic suffering for generations to come when the administration was not able to efficiently address the needs of such a complex industry as the railroads for example. with reserves being dried up, Argentina became more and more hostile to business both domestically and abroad.
Argentina's foolhardiness has caught up with them long before the United States had such an astonishing issue with debt but this time, lets learn from history and make sure the needs for further investment are taken care of accordingly instead of passively

Common Sense




"I've made clear that their $33 billion is not enough and many of the cuts that the White House and Senate Democrats are talking about are full of smoke and mirrors. That's unacceptable,"


John Boehner has made it clear to the American public that $33 billion isn't going to cut anywhere near to the amount where we can achieve a balanced budget. What is truly staggering is whether our commander in chief in Washington D.C. understands the gravity of the situation we are currently in with our fiscal crisis. With trillions of dollars in debt and a struggling economy to boot, more red tape is the last thing that should be on any budget being sent to the president's desk.

The unfortunate thing when it comes to these matters is the fact that for the most part, many democrats are going to keep with party lines just so the republicans in the house "don't get their way". The sad thing is they might look back at the mess they could have avoided, through tax cuts and elimination of red tape, but instead they will be the ones to blame in the history books.

2012: And so it Begins



The Grassroots campaign for the reelection of President Barack Obama has begun with the introduction of a new video highlighting the urgent need for more reform in America. What should be highly regarding for by Obama is how he is approaching the election and what the other candidates will need to do in order to beat him.

One thing is certain, you cannot run a succesful election without employing the full potential the media can offer. That means that any Republican hopeful candidate must delve into Twitter, Facebook, and any other types of social media that may give rise. candidates will be also facing a potential $1 billion campaign.

Not only is fundraising going to be an issue for the republican party, but also the fact that Obama has an entire grassroots operation he can call up at a whim, something few candidates today can do for a fraction of its size. One thing is for certain, if the republican party is to win, Sarah Palin must not run!

Sunday, April 3, 2011

Leap of Faith


Representative Paul Ryan has made a plan to cut spending over the next 10 years by $4 trillion. This is by far a major increase in spending cuts compared to the plans proposed by the Obama administration. The question the bears in mind most is whether this will pass at all.

Some of the criticisms that have been coming forth from other lawmakers such as Representative Chris Van Hollen include statements such as “It is not courageous to protect tax breaks for millionaires… while slashing our investment in education… and denying health care coverage to tens of millions of Americans”. Van Hollen does have a point that these steps to require a considerable amount of sacrifice and at first glance it may seem unjust that the wealthy may end up getting a tax break while the rest of America suffers.

While it is important to think of the little guy when a lawmaker, it is also important to recognize where all the jobs come from in the first place. Small businesses and large wealthy millionaires are the ones who make risks and all sorts of investments with their money that brings in many opportunities to Americans from all over the economic spectrum. It is a false assertion also to presume that government makes jobs.

John Stossel put it nicely when he described how government subsidies are really acts of robbery against those Americans who have money. In his example, he describes how the government breaks a certain individual’s window. He then goes on saying that by employing someone who can fix the window, the government is able to spur the growth of jobs. The problem with this point of view, as Stossel mentions, is that the person who’s window broke could have used his money instead on what he thought was best instead of what the government would have wanted. In that way, waste disappears.