Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts
Friday, October 07, 2011
How Many Jobs Could Be Created WIth $528 Million?
Just pondering.
I'm wondering how many small businesses and jobs could be created with $528m if the AmeriCAN (Capitalism America Needs) program was in place?
The tool that turned $10,000 into $2,800,000 in 2 years. HowToFindBigStocks.com
Thursday, October 06, 2011
The Millionaire Tax...Why They Just Don't Get It
Struggling to deliver the big jobs package proposed by President Barack Obama, Senate Democrats are using the issue to force Republican senators to vote on tax increases for millionaires, picking up on a White House theme that the nation's wealthiest Americans aren't paying their fair share. (Source ABC News)
They just dont get it. They must not have taken Economics 101 in school.
What is considered "fair share"? The key word in this paragraph is "paying". They are paying. They are contributing.
These politicians fail to recognize that these millionaires are responsible for a lot of jobs AND creating new jobs. They create jobs that actually are productive for their business versus the artificial, temporary, basically welfare with a title, jobs created from the Stimulus packages.
This logic goes against every rule in Economics 101. I would love to see the stat that would show how many jobs would be lost versus how much tax revenue created. The government has proven it cant run a business profitably and any jobs it creates aren't productive...just human subsidies.
That is why a civil rights attorney should never have been chosen to run the biggest corporation in the world.
Chances are these millionaires took risks to build their business. How do you reward them, by increasing their taxes? Keep in mind these millionaires are also generating tax revenue. They are actually giving (generating tax revenue), not taking. The problem in this country is we have too many takers, not enough givers. The government rewards and takes care of the takers, and penalizes the givers.
Here's a HUGE wakeup call. There is a MAJOR TREND starting to develop. The number of givers is starting to decrease big time and the number of takers is starting to increase big time. Even the WSJ recognizes it.
I'll explain it to those politicians that don't get it. The number of people that will generate tax revenue is starting to decline rapidly. The number of people that will require assistance from the government is increasing rapidly.
There are 2 major problems that need to be resolved before this economy gets traction:
1. there needs to be a job creating program put in place.
a. I have an easy solution for that I call AmeriCAN (capitalism America needs)
2. the housing market problem needs to be resolved.
a. determine the REAL number of homes that are for sale (foreclosures and the ones bank own but not publicly stated). Banks cant determine assessed value if they dont know what the true supply is.
b. force banks to take risks by lending. There is no incentive for banks to lend when they can get a guaranteed 2-3% on their money. Have you noticed the ONLY construction in this country are new banks? Ironic that they are also holding a ton of unwanted property.
With interest rates so low, homeowners USUALLY refinance their mortgage at lower rate which gives them a few hundred/thousand extra a month for living or paying off credit card. This is the cycle that kickstarts every new economy cycle. Banks and their unwillingness to lend is stalling this recovery. They are unwilling to lend because they are getting a guarantee on their money from the US Govt and they have no way of determining a homes value.
Mr. Obama here is how America creates new jobs (job creation solution).
America is loaded with creative, hard working people. Give them free fishing poles.
The tool that turned $10,000 into $2,800,000 in 2 years. HowToFindBigStocks.com
Friday, January 04, 2008
Science And The Next President...Each Presidential Candidate And Their Energy Outline

Science Magazine just published a summary called "Science And The Next President".
I thought it would be a good idea to list each presidential candidate and links to their views on energy/environment here and let Pondering Primate readers make their own conclusions.
Listed in alphabetical order.
Hillary Clinton New Energy, New Jobs To establish a green, efficient economy and create as many as five million new jobs.
John Edwards Edwards will create the $13 billion-a-year New Energy Economy Fund. The fund will be financed by greenhouse gas polluters through the sale of emission permits and by ending taxpayer giveaways for big oil companies, including special tax subsidies and sweetheart terms in offshore drilling leases. The resources will double the Department of Energy's budget for efficiency and renewable energy, accelerate new energy technologies to market and help new businesses get started, encourage consumers to buy efficient products, and provide transition assistance to workers in carbon-intensive industries.
Rudy Giuliani Energy Independence
Topics Include: Ethanol, BioFuels, Renewable Energy, Nuclear Power,Clean Coal, North American Oil&Gas, Energy Conservation
We need new oil refineries, nuclear reactors, transmission lines, and renewable energy facilities. Expanding our infrastructure and diversifying its geographic location directly impacts national security, economic stability, and job creation. Key steps include enhancing security, cutting red tape in the regulatory process, investing in a digital “Smart Grid,” and developing batteries to more effectively store energy
Mike Huckabee "The first thing I will do as President is send Congress my comprehensive plan for energy independence". (although he doesn't really state what his plan is on his site)
John McCain Our economic prospects depend greatly upon the sustainable use of ample and unspoiled natural resources. A clean and healthy environment is well served by a strong economy (pretty limited on this issue)
Barack Obama Energy And Environment
* Reduce Carbon Emissions 80 Percent by 2050
* Invest in a Clean Energy Future
* Support Next Generation Biofuels
* Set America on Path to Oil Independence
* Improve Energy Efficiency 50 Percent by 2030
* Restore U.S. Leadership on Climate Change
Mitt Romney Ending Energy Dependence.
""I want to initiate a bold, far-reaching research initiative – an Energy Revolution, if you will. It will be our generation’s equivalent of the Manhattan Project or the mission to the Moon. This will be a mission to create new, economic sources of energy, clean energy. We will license our technology to other nations and of course we will employ it here at home."
I will keep this post up on the Pondering Primate home page
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