Since very few of us lived through the Great Depression it is good to hear a few difference between then and now. (BL)
"Pulitzer-Prize winning author and professor of history at Stanford University David M. Kennedy told Bloomberg radio Nov. 18 that the current financial crisis bears no comparison to the Great Depression.
"Well, we're not yet in anything remotely resembling the crisis, the scale of crisis of the Great Depression." When Franklin Roosevelt took office in 1933, 13 million Americans were unemployed. "That was 25 percent of the work force," Kennedy told Bloomberg host Tom Keene.
The professor laid out exactly what has changed since the troubled 1930s:" By Paul Detrick November 20, 2008 - 15:25
http://www.eyeblast.tv/public/checker.aspx?v=e4qGZuZukU
Thursday, November 20, 2008
President-elect promised change, picking insiders
The only change that Obama is going to bring to Washington is European Socialism and a third term of the Clinton administration. Maybe this democratic president can keep his pants on in the Oval Office. 2 of the predesecors they compare Obama most to could not (Clinton and Kennedy) The change theme was one of the greatest marketing campaigns I have seen in history. Absolutly no truth which this article points to. Can you still sue people for false advertising?
(BL)
WASHINGTON (AP) - President-elect Barack Obama promised the voters change but has started his Cabinet selection process by naming several Washington insiders to top posts.
Obama is enlisting former Senate leader Tom Daschle as his health secretary. Hillary Rodham Clinton, a well-known Washington personality, seemed more likely than ever to be his secretary of state. Clinton is deciding whether to take that post as America's top diplomat, her associates said Wednesday
Obama is ready to announce that his attorney general will be Eric Holder, the Justice Department's No. 2 when Clinton's husband was president. Rahm Emanuel, Obama's chief of staff, is another veteran of the Clinton White House.
Daschle's selection to head the Health and Human Services Department—confirmed Wednesday but not yet announced—isn't at the same level of Cabinet prestige as the top spots at the State and Justice departments. But the health post could be more important in an Obama administration than in some others, making Daschle a key player in helping steer the president-elect's promised health care reforms.
Daschle could push Obama for quick action on health care reform next year, if he follows his own advice.
Daschle said efforts during the Clinton administration, led by Hillary Clinton, took too long and went into too much detail, giving every interest group an opportunity to find something they didn't like about the plan.
"The next president should act immediately to capitalize on the goodwill that greets any incoming administration. If that means attaching a health-care plan to the federal budget, so be it," Daschle wrote in a book he released this year, "Critical: What We Can Do About the Health-Care Crisis." "This issue is too important to be stalled by Senate protocol."
The former South Dakota senator's return to the government will be a vindication of sorts. He was the Senate Democratic leader when he was defeated in 2004 by Republican John Thune, who convinced voters back home that Daschle was more concerned with Washington than with them.
In fact, Daschle stayed in the capital city after his defeat, becoming a public policy adviser and member of the legislative and public policy group at the law and lobbying firm Alston & Bird. Daschle isn't registered as a lobbyist. He advises clients on issues including health care, financial services, taxes and trade, according to the firm's Web site.
Health care interests, including CVS Caremark, the National Association for Home Care and Hospice, Abbott Laboratories and HealthSouth, are among the firm's lobbying clients.
Daschle's appointment was not formally announced, but Democratic officials said the job was his barring an unforeseen problem as Obama's team reviews his background. One area of review will include the lobbying connections of his wife, Linda Hall Daschle, who has worked mostly on behalf of airline-related companies over the years. The officials spoke on condition of anonymity because they weren't authorized to discuss the matter publicly.
Republicans sniped at what they saw as an unwelcome trend. Alex Conant, spokesman for the Republican National Committee, said, "Barack Obama is filling his administration with longtime Washington insiders." Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
http://www.breitbart.com/article.php?id=D94IIPN00&show_article=1
(BL)
WASHINGTON (AP) - President-elect Barack Obama promised the voters change but has started his Cabinet selection process by naming several Washington insiders to top posts.
Obama is enlisting former Senate leader Tom Daschle as his health secretary. Hillary Rodham Clinton, a well-known Washington personality, seemed more likely than ever to be his secretary of state. Clinton is deciding whether to take that post as America's top diplomat, her associates said Wednesday
Obama is ready to announce that his attorney general will be Eric Holder, the Justice Department's No. 2 when Clinton's husband was president. Rahm Emanuel, Obama's chief of staff, is another veteran of the Clinton White House.
Daschle's selection to head the Health and Human Services Department—confirmed Wednesday but not yet announced—isn't at the same level of Cabinet prestige as the top spots at the State and Justice departments. But the health post could be more important in an Obama administration than in some others, making Daschle a key player in helping steer the president-elect's promised health care reforms.
Daschle could push Obama for quick action on health care reform next year, if he follows his own advice.
Daschle said efforts during the Clinton administration, led by Hillary Clinton, took too long and went into too much detail, giving every interest group an opportunity to find something they didn't like about the plan.
"The next president should act immediately to capitalize on the goodwill that greets any incoming administration. If that means attaching a health-care plan to the federal budget, so be it," Daschle wrote in a book he released this year, "Critical: What We Can Do About the Health-Care Crisis." "This issue is too important to be stalled by Senate protocol."
The former South Dakota senator's return to the government will be a vindication of sorts. He was the Senate Democratic leader when he was defeated in 2004 by Republican John Thune, who convinced voters back home that Daschle was more concerned with Washington than with them.
In fact, Daschle stayed in the capital city after his defeat, becoming a public policy adviser and member of the legislative and public policy group at the law and lobbying firm Alston & Bird. Daschle isn't registered as a lobbyist. He advises clients on issues including health care, financial services, taxes and trade, according to the firm's Web site.
Health care interests, including CVS Caremark, the National Association for Home Care and Hospice, Abbott Laboratories and HealthSouth, are among the firm's lobbying clients.
Daschle's appointment was not formally announced, but Democratic officials said the job was his barring an unforeseen problem as Obama's team reviews his background. One area of review will include the lobbying connections of his wife, Linda Hall Daschle, who has worked mostly on behalf of airline-related companies over the years. The officials spoke on condition of anonymity because they weren't authorized to discuss the matter publicly.
Republicans sniped at what they saw as an unwelcome trend. Alex Conant, spokesman for the Republican National Committee, said, "Barack Obama is filling his administration with longtime Washington insiders." Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
http://www.breitbart.com/article.php?id=D94IIPN00&show_article=1
What is Deflation?
Why should were care about deflation? Prices will get cheaper which would be good right??? Not necessarily. Not all prices will drop but the biggest part of deflation is Salary cuts and job loss! Read the articles for more specific information.
(BL)
Deflation 101: What It Means When Prices Fall
http://www.smartmoney.com/Investing/Economy/Deflation-What-It-Means-When-Prices-Fall/
Deflation 101: How Consumers Can Cope
http://www.smartmoney.com/Investing/Economy/Deflation-101-Consumers-and-Falling-Prices/
(BL)
Deflation 101: What It Means When Prices Fall
http://www.smartmoney.com/Investing/Economy/Deflation-What-It-Means-When-Prices-Fall/
Deflation 101: How Consumers Can Cope
http://www.smartmoney.com/Investing/Economy/Deflation-101-Consumers-and-Falling-Prices/
How Obama Got Elected - Crazy Video
Please select the link and watch the video. This just shows what idiots most Americas really are. You see stuff like this on T.V. all the time. Whether it is Jay Leno or Sean Hannity 'Man on the Street' or Howard Stern doing his interviews. Many Americas are stupid and ignorant or both. I do honestly believe you should be forced to pass a comptency test before you can vote. I know that offends many people but given these examples I think it has become necessary.
Here are some facts from a Zogby Poll:
512 Obama Voters 11/13/08-11/15/08 MOE +/- 4.4 points
97.1% High School Graduate or higher, 55% College Graduates
Results to 12 simple Multiple Choice Questions
Here are some facts from a Zogby Poll:
512 Obama Voters 11/13/08-11/15/08 MOE +/- 4.4 points
97.1% High School Graduate or higher, 55% College Graduates
Results to 12 simple Multiple Choice Questions
- 57.4% could NOT correctly say which party controls congress (50/50 shot just by guessing)
- 71.8% could NOT correctly say Joe Biden quit a previous campaign because of plagiarism (25% chance by guessing)
- 82.6% could NOT correctly say that Barack Obama won his first election by getting opponents kicked off the ballot (25% chance by guessing)
- 88.4% could NOT correctly say that Obama said his policies would likely bankrupt the coal industry and make energy rates skyrocket (25% chance by guessing)
- 56.1% could NOT correctly say Obama started his political career at the home of two former members of the Weather Underground (25% chance by guessing).
And yet..... - Only 13.7% failed to identify Sarah Palin as the person on which their party spent $150,000 in clothes
- Only 6.2% failed to identify Palin as the one with a pregnant teenage daughter
- And 86.9 % thought that Palin said that she could see Russia from her "house," even though that was Tina Fey who said that!!
- Only 2.4% got at least 11 correct.
- Only .5% got all of them correct. (And we "gave" one answer that was technically not Palin, but actually Tina Fey)
It is clear that the media did not do their job in this election. We knew that the media was biased but to have a man elected President of the free world with-out properly vetting him out and properly introducing hm to the American people is downright criminal. (BL)
http://www.howobamagotelected.com/Bears That Won't Go Away
The economy is really bad and things hear at Nortel (my employer) are even worse! I sat in accounting training all day on Tuesday and saw the attached chart about Bull and Bear Markets in the U.S. over the past 100 years. I found it to be very interesting. If history holds true, and we did go into a Bear Market in 2000, then we are only about half way through this mess. Very interesting research and graph. No wonder so many people hate Bush! If Bush were gifted the same economy as Clinton he would probably be listed as the best President ever. When all is said and done people vote selfishly with their check-books and when things aren't going great they punish those in charge (even though Republicans were not in charge).(BL)
2008 Vote Count in Minnesota Senate
Update: Nov 21
Are you kidding me!!!!Al Franken's campaign wants the state Canvassing Board to rule on whether it should count. This guy is a nut and I cannot understand how he got 3 votes! ( I can understand 2 votes...1 for each side of the mirror, but 3?)
http://www.foxnews.com/story/0,2933,449334,00.html
I can't believe it is 2008 and we still cannot get this voting thing down. Isn't this one of the first stills they teach us in school growing up....how to count? This voting system needs to be overhauled.
Saturday, November 15, 2008
Pledge in School
Why was the pledge ever stopped? When was common sense lost in this country? Public schools stand no chance in our politcally correct society. (BL)
http://www.burlingtonfreepress.com/article/20081115/NEWS/81114036
http://www.burlingtonfreepress.com/article/20081115/NEWS/81114036
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