Wrong Turn????

President Obama now gets to deal with Putin in Russia. Oh joy...And this kid is wondering how is going to get home. Awesome photo by Julia Ioffe http://www.juliaioffe.com/ Congratulations

Showdown for Healthcare

While I truly believe we need Healthcare reform, since I am confident that nobody has actually bothered to read the legislation, what assurances do we have that our government can tweak it once it passes. Are we creating a bigger mess then we currently have? I know these are my fears, but I also know that this giant ship we call the United States is heading towards an iceberg called entitlements we can no longer afford. Something must be done. Is this the right answer? Well Mr. President if this is the answer, you pass the legislation, and it works, you will be considered one of the best Presidents ever. Good luck to us all.

http://www.huffingtonpost.com/robert-creamer/top-10-reasons-why-voting_b_500562.html

http://www.huffingtonpost.com/lincoln-mitchell/the-politics-of-passing-h_b_500813.html

Banking Oversight

Where is the new legislation from our Government to make sure our banks no longer make the crazy investments they did in the last decade?
Aren't the big banks just re creating the same environment that got is into this mess to begin with?

Your thoughts?

http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle

Geithner Speaks - Markets Fall

Is the Dollar doomed with our current Treasury Secretary unable to realize the necessity to start controlling the runaway train wreck known as the US printing press. Isn't it time to begin the collection and retirement of TARP monies?

Today Geithner met with legislators and stated the following:

Geithner added that the way the bailout was designed, for each $1 that is paid back, $1 can be lent back out. "So it's your understanding that you have $700 billion to use permanently as you see fit?" DeMint asked incredulously. Geithner wouldn't take the bait. "I'm not quite sure 'permanently' is right," he said.

This is outrageous. It's no wonder our dollar is tanking and the stock market is so incredibly volatile. What is Geithner thinking?

Government Drug maker

Should the US government be in the drug business? Well, if they were wouldn't our drugs be much less expensive. Shouldn't drugs for illness be NOT for profit? If they were then no company would rush to invest billions in an attempt at profiting from the next wonder drug. Today Dendreon Corporation announced phase 3 trials for their colon cancer drug. Stock went from 7 to a high of 24. Greed drives drug companies.

http://www.healthsalon.org/63/a-cheap-and-simple-cure-for-cancer/

A simple cure for Cancer may be available, but since the drug cannot be patented no drug company will spend the money on testing it and putting it through our FDA trials.

So, should the United States Government establish a not for profit organization to resolve these otherwise conflicts of humanity? Shouldn't the good of the people override corporate greed? Or is this a socialist idea and not a truly capitalist notion?

White House is Open for Questions

What is on your mind?
Obama is listening.

Log in at:

http://www.whitehouse.gov/OpenForQuestions/

Let them know what is on your mind.

Is the stimulus plan a complete waste of time?

STIMULUS PLAN EXPLAINED

Shortly after class, an economics student approaches his economics
professor and says, "I don't understand this stimulus bill. Can you
explain it to me?"

The professor replied, "I don't have any time to explain it at my
office, but if you come over to my house on Saturday and help me with my
weekend project, I'll be glad to explain it to you." The student agreed.

At the agreed-upon time, the student showed up at the professor's
house. The professor stated that the weekend project involved his
backyard pool.

They both went out back to the pool, and the professor handed the
student a bucket. Demonstrating with his own bucket, the professor said,
"First, go over to the deep end, and fill your bucket with as much water
as you can." The student did as he was instructed.

The professor then continued, "Follow me over to the shallow end, and
then dump all the water from your bucket into it." The student was
naturally confused, but did as he was told.

The professor then explained they were going to do this many more times,
and began walking back to the deep end of the pool.

The confused student asked, "Excuse me, but why are we doing this?"

The professor matter-of-factly stated that he was trying to make the
shallow end much deeper.

The student didn't think the economics professor was serious, but
figured that he would find out the real story soon enough.

However, after the 6th trip between the shallow end and the deep end,
the student began to become worried that his economics professor had
gone mad. The student finally replied, "All we're doing is wasting
valuable time and effort on unproductive pursuits. Even worse, when this
process is all over, everything will be at the same level it was before,
so all you'll really have accomplished is the destruction of what could
have been truly productive action!"

The professor put down his bucket and replied with a smile,
"Congratulations.. You now understand the stimulus bill."