President Obama spoke today, addresing the pressing needs in cutting down the deficit. What at first comes as a suprise later ends in dissapointment when Obama states that he will not raise any taxes but that there is a need to "tackle spending in the tax code...". Hint, he means we have to close loopholes.
America has a serious and possibly detrimental issue on its hands concerning our outstanding debt, however, Obama keeps comming back, looking for more to take out of the pockets of the American people's pockets, instead of looking for solutions that will help our society rebound and become the leader of economic growth.
Obama is very committed in making sure that the middle class does not get trashed in the process of extreme reform over medicaid and medicare... but has he, as president, come up with any realistic plans in tackling these issues? Of course not, and as a result he will continually crank up on the rhetoric against the rich, the very lifeblood of this country, so he can appease the demands that are required of a populist leader, in chief.
Thomas Sowell once famously said that the very first principle in economics that is learned is that there is a limited amount of resources. In politics, the very first thing that is taught is to ignore the prior lesson in economics. What will happen when the resources collected today become nothing more than artifacts of the past that have no sense of real value?
Wednesday, June 29, 2011
Tuesday, June 28, 2011
Passport Fraud or faulty law system
According to "NewsforJAx.com", a navy veteran by the name Elisha Dawkins has been arrested on the account of passport fraud. At first glance, just the phrase "passport fraud" might seem sufficient to suspect that there is some illegal activity going on consisting of possible narcotics trafficking and the like. The tragedy of the situation is instead a mistake on the part of the veteran, the likes of which should never have taken place in the beginning.
We have become, for better or for worse, a nation that prosecutes whomever might break the law, giving the offender the highest punishment without any consideration of his actual predicament. To put it bluntly, the law was used not to carefully scrutinize the damage incurred in the so called "fraud" but instead used to prosecute the "fraud" committed for the sake of the law in the place of justice.
If Justice was implemented, the courts and other related authorities would have noticed that what occurred was not some evil intent, but simply human error. Instead you have characters in roles such as prosecutors and judges obeying the law for the law's sake but not for the sake of justice. One example that comes to mind is a pothead serving the same time as a rapist... Of course there actions were against the law, but does that make their exact same sentence just for the sake of the pothead?
Not too long ago, I knew someone who committed reckless driving. The judge noticed this individuals record and saw no prior crimes committed, and dropped the infraction from reckless to speeding, just a hair below reckless. This kid got off the hook once for his inexperience and naivete of the recklessness of his actions, however, if her were to commit the same infraction again, justice will catch up with him.
All in all, reason and justice must accompany the law, not for the sake of the law, but for society's sake.
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.
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.
Subscribe to:
Posts (Atom)