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The status of the economy depends on a lot of factors. One of the important ones is the number of jobs, ie people working. The more people employed the better the economy in simple language. It is more complex than that, but the part we can really control to some degree is jobs. Outsourcing of jobs is hurting the American economy. Lack of jobs is hurting the West Virginia economy.
The nations economy is hurt by cheap imports flooding the market. The outsourcing of jobs takes American jobs and moves them overseas. Our steel mills are closed due to cheap steel coming from other countries. What will we do in time of war? Buy steel from our possible enemies?
Economic issues are vital to West Virginia and the USA. Specifically for West Virginia, jobs are needed. Not just a few hundred but thousands of jobs. The best way to create the jobs we need for long term economic growth is through infrastructure improvements. I believe the Congress needs to stop sending tax dollars overseas and invest them here at home. In West Virginia and other states that need vital infrastructure improvements. It is no secret our highways are aging. Improvements and new construction are vital to solid economic growth. ITS TIME to elect a Senator that will work WITH the President and Congress to fund additional highway projects.
West Virginia can vote to make a change in our economy this election. The future requires change. Change that will put our steel mills back into production and profitable. Change that will build additional highways and infrastructure upgrades. The state currently has about 15 Billion dollars in unfunded infrastructure projects. ITS TIME to get that funding. Without increasing taxes. ITS TIME to work WITH small business owners to help them become profitable. Profitable businesses HIRE employees as they grow, creating jobs. ITS TIME to elect a Senator that has business experience and will create jobs. Create jobs and the economy will grow. |
 2007-07-05 |
I have a question: is it better to do what the government wants you to do or better to do what is best for your own financial future?
The U.S. economy depends on consumer spending for stability and growth. Without consumers spending a recession or even worse an economic depression would ensue. So for the last decade or so consumers have gone wild spending without thought to the future and their personal savings. The economy has grown. But is this in YOUR best interest?
The Democratic led Congress has now raised the minimum wage beginning this month. Seventy cent raise this July, another seventy cents in July 2008 and a third seventy cents in July 2009. Their theory was that the people getting the first and second raises would be voting democratic. By the time the third one kicks in doesn`t matter, by then their goal of electing a democratic majority would be complete. The economic fallout is not a concern. Congress has failed YOU. The economy is already feeling the pain of a real estate downturn. The baby boomers are retiring and the illegal immigrants are still sharing benefits with legal citizens. Gas prices are high and will only go higher. Water is scarce, the weather is creating havoc and terrorism is still a real threat. History is not real kind either. The last election in which we had no standing President or Vice-President running for the highest office was 1928. Guess what happened the very next year! The Great Depression. Some say history has a tendency to repeat itself. The national debt, the national trade deficit and the war in Iraq provide more fuel for this fire. All indicators are the current economic growth rates can not and will not continue. The remaining question is only, when? 2009 will the beginning. Add to this Social Security, Medicare and other entitlement programs around the country are in dire need of reforms. Any way you look it is a dark economic picture.
Congress has failed YOU and America. I have said before that every one should be fired. Course no one will believe that until it is too late. ITS TIME to take care of YOURSELF! Vote for true leadership. And begin a savings account for yourself and reduce your spending. American freedoms are based on individual rights, use yours and reduce your spending and begin saving. Yes, it will hurt the present economy but it will help YOURS. Long term, your savings will actually help the economy because a penny saved can be spent at some point in the future. The difference between a short recession and a long term depression is the ability of people to spend money which helps the economy to rebound. Be an American, use your independent right and save for the future. YOU will be glad you did. |
| 2007-07-31 |
The Dow is reaching new heights, just as predicted. Over 14,000 for the first time ever, and less than 3 months after reaching 13,000 for the first time. Investors are taking advantage of the calm before the storm. Those preaching future doom and gloom are being ignored as investments continue to pay off. Just like those in the roaring 1920’s were unprepared for the stock market crash of 1929 so too will many this time around. I have already predicted that beginning in 2009 the economy will begin what will become the greatest depression of all time. The starting date is of course, debatable. Housing starts and the real estate market is already showing signs of problems. The price of gas has an effect on the budgets of most people in American. The rich owning most of the stock `median value of $170,000 vs. an average for the poorest stockholders of $7,000` are not concerned about the price of gas. So the stock market continues on. But can it last? What goes up must come down, right? Or are we as Americans destined to only see prosperity? No matter how we view our relationship with God. Or how we crowd God out of America through our liberalism?
Christians are reminded to read the story of Joseph and the Pharoah’s dream. The Pharoah had a dream of seven fat cows followed by seven skinny cows. What did it mean? Joseph was called out of prison to interpret the dream. Seven great years of economic prosperity were coming. Sounds great so far! To be followed by seven years of the worse famine ever. The Pharoah was smart enough to prepare for the bad times that were to follow. Will you? Preparation for ‘rainy days’ will allow you to be affected as minimally as possible. Some if prepared properly `…..if only we knew exactly how to prepare completely` will benefit from economic recessions and even depressions. There were some who created wealth during the great depression. But most did not. Family stories told by my dad, were about my grandfather looking for work and the poverty that was rampant. Keep in mind that the Great Depression may have officially started on one day in October of 1929 but most people were not affected until years later.
So America needs a Joseph to help us prepare for the coming depression. Skeptics will say ‘this is America, that can’t happen again’. Wrong. And do not depend on the government to stop it. The government is helpless to stop it even IF Congress could agree on a course of action. Which seems impossible. And history is unkind as well. The election of 1928 was the last time a non-sitting President or Vice-President was running for office. The last time history had this very opportunity for leadership change. Before the election of 2008 that is. The following year after that election the Great Depression began. Will history repeat itself? Will not technology save us? Surely our government has learned from the mistakes of the past? This same government that now has a Congress with the lowest approval rating of all time?
America is facing an economic depression that will in fact be as before a worldwide depression. Giant oil companies know this. That’s why they are recording record profits now, to line their pockets before the economy goes south. Politicians know this. That’s why they are fending for themselves and selfishly ignoring the needs of America. Voter’s seem to know this as well. Apathy at the polls show no regard for the common good, but self-centered views of the election. As you read this you will either be alarmed as you should be, or you will write me off as one of those ‘idiots’ preaching doom and gloom. Before you do, I hope you will read in Genesis the story of Joseph and the Pharoah. Keep in mind that the Pharoah DID listen to Joseph. Joseph for those who have not read this story yet, was not an advisor of the Pharoah but a prisoner in jail! Who would have thought he had the knowledge to predict an impending economic crisis? God knows the heart of man. God knows the plans of man. Yet, God chooses his steps according to his will.
Current indicators are favorable to economic growth. So stocks continue to rise. The dollar falls and investors flock to where they see profit. But underneath all this profit taking is the real truth. The minimum wage has increased seventy cents ` $ 0.70` per hour. Another seventy cent increase will take place in July 2008. And another in July 2009. That will be an increase of two dollars and ten cents over a two year period. Raising the minimum wage 40% from where it was yesterday. Today being the 24th of July, 2007. Businesses will be able to absorb some of the extra costs in 2007. Most will be able to plan ahead and make the extra cost a part of their 2008 budget. But can enough businesses sustain revenue sufficient to accept three yearly increases in a row? How many businesses will not be able to continue to be profitable with this extra burden? Along with the elevated gas prices for transportation and rising utility costs that add expenses to the cost of doing business. As a business-owner I understand fully that this will not create job opportunities. Instead, the job market will get tighter as businesses try to retain adequate profit margins. I would like to remind the skeptical reader that 90% of small businesses fail within the first 5 years. These minimum wage increases will not help that statistic. Sure there were some small business tax breaks enacted. But government over-regulation will dilute that help to benefit only a few. The rest will be left to fend for themselves.
Our consumerism is based on one limiting factor. Common to everyone involved in the global economy. Cheap oil. Without a steady supply of cheap oil no economy will thrive. And as economies flourish, their demand for oil increases. Just like the tetter-totter on the local playground. When one goes up the other MUST come down. As demand increases the supply will decrease. As one economy grows creating greater demand for oil, another economy must face a reduced supply. There is only so much oil available. Oil reserves mean nothing at all if it is not accessible and affordable to obtain. The media now likes to point out that oil reserves have grown in parts of the world. Do not find comfort in the god of ‘oil’. Most of that oil will be difficult to access, refine and distribute. The cost to process that oil in reserve is greater. And even if all that oil in reserve can be obtained, do not forget the unpredictable influence of terrorism. One of the primary goals of terrorists is to disrupt oil distribution to America. Demand for oil makes competition greater. China, Japan, European countries along with America need more sources of oil. That is why China is traveling the globe looking for alliances to supply their oil needs. As demand grows the point will be reached when conflict for oil will bring one country face to face with another country. Oil conflicts already scar the face of our world. In two years the demand for oil worldwide will have increased. As demand increases so will the price. Unless production can be increased to offset the extra demand. Oil production is the true indicator of the supply of oil `except for the distribution issues` not oil reserves. Our elected Senator’s along with the rest of Congress have not done anything to improve our supply of oil.
So where does that leave us? Gas prices will probably rise higher. The real estate market will probably go lower making real estate less valuable. This will create more foreclosures and bankruptcies. Capital will become harder to obtain. Payroll obligations for businesses here in the U.S. will increase forcing cutbacks and with some major employers another reason to send jobs overseas. The last thing we need is for more jobs to leave America. Food sources are becoming more unreliable. Inspections and regulations will have to tighten. This forces the cost of certain foods up. The weather is more unpredictable causing disruptions in crop and produce production. Congress is deadlocked and will do nothing. Baby boomers are nearing retirement age and beginning to retire in record numbers. This will increase Medicare costs and Social Security costs. Which, Congress has failed the American people by not addressing the issue in advance. Waiting for the crisis and blaming someone else……While our dependence on foreign consumer goods is driving up the prosperity of countries such as China and India. Increasing their demand for oil. This cycle will have the same effect as grabbing a dangerous dog by the tail. His mouth will find a way to circle around and bite!
The majority of stocks are owned by the wealthy who hold over 20x the value of stocks compared to the poorer investors. The crash of 1929 affected the more affluent. It was not until later that the ones hit hard by the crash and the subsequent effects of the crash began to make changes in their businesses. As time went by the spiraling depression reached more and more people. Unemployment rose to considerable levels of 1 in 4 without a job. The bad news is that today, more people are invested in stocks. And compounding the effect is that consumer debt levels along with governmental debt obligations are at record levels. So, any crash today even if spread out over a series of days will affect many more people. The next stock market crash will create more devastation then the one in 1929. The only question is when and how bad will it be. The effects will be worse than in the Great Depression of the 30’s. The previous paragraph highlighted several of the problems that will compound the situation. Our elected leaders will have their hands full. Doing nothing will no longer be acceptable. Those in office with tenure will be rewarded for their lack of leadership by being removed from office. New leadership, just as in the days of Joseph, will be required. I have removed most of my investments from stocks already. And I am telling my friends and family members to do the same. Being in the stock market right now is fine, but you had better plan on getting out before 2012 at the very latest. The downturn could begin as early as 2009. Terrorist activity `remember the stock market effect after 9/11? It recovered within a few months, but the initial effect was severe` can change any predicted date. A severe disruption in the oil supply either by an act of terrorism or a natural disaster will play havoc with the market and the economy. Predicting an economic depression is easy, predicting when it will happen is not. That is why I have already taken my retirement account funds out of more riskier stocks and placed the funds in more secure investments. I prefer to be too early and lose a little return on my investment then to be late and lose a lot. Take my advice: begin to save putting your money in only safe investments. Lower your level of debt. Sell those items you do not need. Clean out that storage building or garage. Take action now and prepare yourself.
Gas was cheap during the Great Depression. Under certain conditions it may very well be cheap again. But only after a scenario of global depression and considerably reduced demand. Climate change is a big factor of uncertainity that was not in play during the 30’s. During the early to middle 20’s the economy was great. The roaring 20’s made everyone believe it could last forever. True leadership would not let America go down that road again. The Pharoah believed the economic advice of an unknown, inexperienced Joseph. His own advisors were not able to determine the meaning of the dream or the future of Egypt. The people of Egypt did not prepare themselves. Instead, they went on living as though the seven good years would last forever. In the end, the people of Egypt did not fare too well. Read Genesis 47 verses 13-21 and see for yourself. The government survived the first Great Depression but the people did not fare very well. Rest assured, the government will try to take care of itself in the next depression. But who will take care of the people? Not the government. Trust God and prepare yourself now. Reduce consumer spending, reduce your debt and start a safe savings account.
The article in Newsweek magazine July 9, 2007 edition says it all. The article “What’s the Biggest Threat To the U.S. Economy?” says it in easy terms. A steep rise in personal savings is the biggest threat to the economy. So there you have it. You can be the great American consumer and prop up the economy forsaking your future. Or you can look out for yourself and save money. If you do, YOU will destroy the economy. Didn’t know you had that much power did you? Or that the economy was that weak! What is a true American to do? I believe you have an obligation to prepare yourself for the future. Even though this may bring on an economic downturn. For one thing, economic growth can not last forever anyway. Bringing it on sooner will only change the dates recorded for the history books. But if you prepare yourself financially, when the economy does get worse you will be better off. And the more people we have who are better off the greater chance we will have of recovering from the depression or recession. So in the end, you will be doing yourself AND the government a favor by preparing yourself for the inevitable. Or you can sacrifice yourself and continue on a debt laden consumer spending spree. Till the ‘you know what’ hits the fan.
The differences we face this time around is the already mentioned terrorist threat and global warming. Along with those unpredictable threats is huge government entitlement programs we now have. Underfunded and overutilized these programs did not exist until the later part of the 1930’s. Since that time the government has added layer after layer of red tape and bureaucrats to the programs. The good news is that those of us who are the poorest of the poor will have the government to help them in the beginning. The poor will fare better this time around. But the rich and the working class will fare much worse. The hardest hit will be the working poor who are unable to qualify for government assistance. And the rich along with the upper middle class. As God predicted, in the last days your ‘wealth won’t save you’. Taxes will have to be raised to pay for the ever growing burden and only the wealthiest will have the means to pay those taxes. Course, there are not enough wealthy individuals to cover the cost so when the taxes have been raised to the maximum, programs will have to be cut. Only those who have prepared themselves will fare best. Social Security, Medicaid programs, and Medicare will have to be reformed and with baby boomers retiring the burden on the working class will grow. Shamefully, Congress has failed to plan for this crisis so you and I will have to pay for their mistakes. Remember the Bible story? Pharoah planned ahead and hired Joseph to store grains and make provisions for the coming famine. The U.S. Government has not done any such planning. Congress is deadlocked. So how did that story turn out? The Pharoah become wealthier. At the expense of the people. The people failed to plan ahead and prepare themselves and it cost them everything. You have history as a guide. You have this warning to prepare yourselves. You can listen or ignore. But God’s wrath is coming and is already here. The people that put their trust in him will prevail. Those who foolishly depend on the government or others will not. During the 30’s Hoovervilles sprang up all across the land. Hoover camps, Hoover blankets, Hoover flags and Hoover wagons were everywhere. Most of us do not even know what these were. So Google them and see for yourself. The only difference this time around will be the names. What will we call them? Clintonvilles? Obamaburgs? Guliani camps? Pelosi blankets? Reid wagons? Rockefeller flags? ITS TIME to elect true leadership.
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| 2008-01-18 |
Here we go again. Congress should be able to milk this `recession` we are entering for a least 6 to 8 weeks. During this time they can complain, whine and completely ignore all other important issues while they debate how to stop this recession. A short term action is required. President Bush has laid out his plans. Now it is time for the bandits in Congress to debate this issue. Health care, national security, etc and all those other issues can be postponed for a while. I feel safer don`t you? Here is the answer to fixing this possible recession. Lower gas prices by $1.00 per gallon and the recession will be over. I have not seen that on the to-do list yet. Iraq should be paying us with oil since we are policing their country for them with our blood and American dollars. Let`s get some payback, that should speed them up and let our troops come home. Congress will be stalling on all major issues as they debate this `economic recession`. Which they helped create. They will probably find a way to get us through 2008 but 2009 will end with a recession. Put that on your refrigerator and do not forget it. |
| 2008-02-13 |
`much more should be done to address our economy`s longer-term problems` This sad statement comes from the leading democratic senator. On the same day, President Bush signs the `stimulus package` to prevent a recession.
I have to give them credit. They wasted our tax dollars in only 4 weeks not the 6-8 I had expected. I guess when it comes to getting election votes I underestimated Congress. The tax rebates we will look forward to, courtesy of our children, will come later this spring. The deficit will rise above 400 Billion this year thanks to this borrowing plan. I will save my check and I encourage you to do the same. You will need it when the recession does arrive and turns into the second Great Depression. Instead of investing this money in building new infrastructure jobs or repairing our aging bridges and roads this plan will rely on you spending money frivolously. Creating jobs was not a priority. Stopping job loss was not a priority. |
| 2008-02-13 |
Health care premiums will continue to rise. Energy will continue to be a growing issue. Much more should be done Senator Reid. But you will NEVER do it. You have no guts for real problems. China and India will continue to be an economic threat. Medicare will continue to be a great crisis as will Social Security. More should be done. But anyone in Congress today will not be the one`s to do it. New leadership will have to be elected. Senator Rockefeller and Senator Byrd will not do it. Their replacements will face a world filled with a mess. And voters will have no one to blame but themselves. Much more should be done, Senator Reid and it will be one day. When you are gone and the right people are elected to do the job. |
| 2008-09-29 |
Bailout fails. Blame Game Begins. Just as predicted in my book, Finding America. This Congress is so predictable. ITS TIME for true leadership. And fast! |
| 2008-10-02 |
Small problem through money at it. BIG PROBLEM throw lots of money at it! Our government is about to waste billions of dollars. A better plan would have been to give every legal American a check and have them put it in the stock market, use it to help consumer spending grow our economy or help to pay off their mortgage. Instead, we will pay for no benefit. Oh, wait they already tried that trick too. I would like to bring up the fact that the housing crisis really took off after the Fed decided to start raising interest rates.......those are the same guys telling us now we need to bailout Wall Street.
Our economy is headed for a global depression. Plan on it and prepare best you can. And there is not enough money in the Treasury to stop it. The demand for stocks may raise a little as prices drop but overall for the next few years the demand is going to decline. Considerably as energy prices remain high and as the population of those in the investment age groups declines. Less people, thanks to legal abortion, etc means less demand for stocks. The population is growing but not in the investment age groups. Global depression is a reality. Too bad our Congress is not doing anything to prepare for it. Oh wait, they have to get re-elected that is what is important to them. The $700 Billion package will grow and it will not be effective. But somebody will benefit it just will not be you. |
| 2008-10-03 |
VooDoo Economics anyone? The Bailout passed! Now we will see what good it does. |
| 2008-10-06 |
Global economy continues to decline. This is not just a U.S. problem it is a global problem. Germany, France and several other countries are facing economic crisis as well. Just as predicted in my book! Economists are beginning to believe we are in or entering a recession. What they do not know is that we are heading into the worst depression mankind has ever seen. For example, the backbone of business in the U.S. is the small business-owners. In July 2009 they will be forced to deal with the third democratically inflicted pay raise to the minimum wage standard. With all other increases to the operating costs associated with small business, this will be more than several can handle. The economy will not improve instead will worsen. So businesses that survive tight credit, raising energy and supply costs will now have to deal with increasing payroll costs. Yes, we are in a recession and while it may improve temporarily it is going to get much much much worse. Be sure and thank House Speaker Nancy Pelosi on your way to the unemployment office. |
| 2008-10-07 |
Another Trillion in debt. Fed Reserve chairman is giving credit to companies that can not find sources of day to day operating loans. First, it is scary to think they even need day to day loans. I run more than one business and I do not borrow money on a day to day basis. On occassion I do use a credit card for convenience but not to the extent these companies do. My second concern, is where does this money come from. I always want to know that. Added to the national debt most likely. Thirdly, have you noticed that the do-nothing democratically controlled Congress is out of the picture? The bail-out plan along with this announcement puts us over 2 TRILLION DOLLARS WORSE OFF then just a month ago. We can not avoid an economic depression. Just as God predicted and I revealed in my book, Finding America, we are without a doubt in the last days. Any house built on sand, including WALL STREET will not last. |
| 2008-10-08 |
I would like to see the government do something for new loans as opposed to junk loans already made. Banks that made bad loans are not really making the problem worse. But banks are afraid to make NEW loans. That is strangling business and our economy. So why not keep lowering rates and provide some guarantee for the NEW loans? Seems like the government has spent a lot of our resources protecting the guys who gave us the problem in the first place. Instead, let`s protect the guys who are going to get us OUT of it. That is the businesses and individuals that can create positive economic growth. |
| 2008-10-08 |
One good bit of news today has West Virginia leading the nation in economic growth! While at any other time this would be astounding news, it is in this case a bit sad. For this signals that we have not actually shown prosperity but the fact is that the rest of the country is really depressed. But as a proud West Virginian I will take whatever win we can get. |
| 2008-10-09 |
What can we expect over the next few years? You can expect the price of stocks to continue to decline until around 2012. This will be the bottom and will be a hard time. Stock prices will be low so it will be a good time to buy stocks and bonds. You will want to hold them until 2015-2016. Once they reach their peak around 2016 you will want to sell. A panic will occur around 2016. Things will be rough until 2023 when things will be much better. Much better! |
| 2008-12-29 |
Let me see if I get this straight. Overpaid CEO`s ask for a bailout to save their sinking companies. We give them a bailout to save the same companies they couldn`t save before? Why are we not asking for new management? The first requirement before any bailout would be for the BOD to fire their CEO and CFO. They obviously are NOT doing a good job. And taxpayers should in no way give them resources to screw things up any worse. Congress is being stupid. Notice I did not say the CEO`s were stupid. They obviously are very intelligent, you can look at their payscale and see that, and our government is giving them YOUR MONEY to prove it. |
| 2009-01-08 |
V.P.Cheney today stated that no one could have seen the economic crisis coming. Cheney said that 'nobody anywhere was smart enough to figure it out.' Not sure what rock he has been living under. I have two books on my desk right now. How about Running on Empty by Peter Peterson? Or, The Second Great Depression by Warren Brussee? Now, I do not blame the Vice President for the economic crisis. Nor do I blame the President. I blame Congress for years of inaction. I blame the media for distorting the truth and not being the watchdog for America. There is also one other book that has predicted the economic crisis we now face. The HOLY BIBLE. Contrary to what he thinks there are people out there smart enough. They just happen to NOT be in Congress |
| 2009-01-28 |
The liberals have gone wild. The so-called stimulus package that PE is pushing thru Congress and down Americans throat is anything but. Unless you are an illegal alien, abortionist or a transsexual in a beauty contest! Billions upon billions of your tax dollars are earmarked for immorality values dear to the hearts of the liberals. Oh by the way, a few dollars will go to create jobs. But we will see no where near the millions of jobs PE promised. Course why should he bother, he is already elected. |
| 2009-02-03 |
While Congress and PE waste valuable time and soon your tax money, I thought it would be productive to offer my own plan. Let`s call it, `Zane`s plan for economic revival` and it would start today. IF I was in power in Washington I would cut a check to each and every state today for two billion dollars. That would amount to 100 Billion spent in one day. Today. Not next fall, next year or right before re-election.
I would not stop there. First, there would be a requirement that every penny goes to create jobs in the private sector specifically 80% would have to be spent in infrastructure improvements. And yes, there would be accountability. Any unauthorized spending would severely limit future payments. This would spread out money now to every state and let them have some discretion on what projects to spend it on. Could be alternative energy sources, or highway and bridge repairs.
Now instead of passing a trillion dollar liberal immorality bill I have spent $100 Billion. In 3 months, I would probably have to send another $100 Billion. In another 3 months I would see what the progress has been and where. States that show job growth and economic improvements would be used to adjust spending in other states. We would learn from our mistakes and make adjustments accordingly. This process would continue until the economy stabilizes. Some states would be adjusted up and some would have payments reduced. But all would share. States would know that they had a solid stream of support. Confidence would improve. People would begin to build again and to buy new fuel efficient vehicles. Consumers would begin to shop again. And we would begin to climb out of this recession. NOW. In February 2009 we would start to see signs of recovery. So let's see how the Congress and PE do with their plan. |
| 2009-02-16 |
Congress could not have picked a better date to pass the greatest spending blunder of American history. Friday the 13th is a great date for evil to be victorious over intelligence. The bill did not address the 5 greatest threats to our economy so do not expect any miracles. God will not bless this evil agenda. Instead, expect the worst. |
| 2009-02-19 |
PE is not going to fix our economy. And he wasted over $ 600,000 by flying to Arizona to prove it! The Spending package was leisurely signed a few days after rushing the bill through Congress without giving time for them to read it.
I will not vote for anyone who votes for something they did not read. Every one of the members of Congress who voted for this bill, whether it turns out to be right or wrong, should not be re-elected. Otherwise, why bother at all? If they are not going to read the bills, we might as well just have them automatically approved and save all those paychecks we give them.
Here in West Virginia we have four members of Congress that did not read the bill they voted for; Congressmen Rahall and Mollohan and Senators Rockefeller and Byrd. Now THAT'S representation. To vote without knowing what you voted for. Remember the old saying, 'the road to hell is paved with good intentions'. Now we can say 'the road to bankruptcy for America is paved with morons who vote for bills that spend trillions of dollars without reading it so the president can take a few days off and then fly to the desert for they publicity and waste a few more dollars'. Whew! These Democrats are really bringing change we can believe in. |
| 2009-07-09 |
So much has happened since I last logged in to comment. The O Government of PE is taking over everything. Yet, surprisingly the economy keeps getting worse. As if I did not expect that to happen. If you are reading this and you actually believe that the government can fix this mess. Wake UP! The government has operated the postal service and Amtrak for years and neither one has been a success without massive help. But of course you probably do not want to listen to facts, so for those of you who still believe the government is the answer. Have a great day! Check back with me in 2012 and let me know if you STILL believe. |
| 2009-08-11 |
The economy is showing signs of a recovery if you believe what the liberals want you to believe. Either our President and his administration spokespeople are deceiving you `lying to you` or they have no clue what is going on within our economy. This recovery will be very short. There are several reasons that this is NOT the end of the recession. Only the beginning. If you listen to the liberal news media you will be fooled into investing and planning for a recovery. If you are smart, however; you will plan for a long recession that is the greatest depression the world has ever seen. The truth is that this recovery will not last for several reasons and I will list some here. This is not a complete list:
1. individual debt load is too high, spending can not increase again until the debt is reduced and savings has increased, 2. government debt load is way to high as well with no plans to reduce it; instead they are ADDING to it! The government spending will have to stop. Democrats, bless their hearts, can not stop spending money that does not exist. 3. The people who have attained the 'investor age' are declining. This reduces demand for stocks. Add to this the people who are now afraid to invest and the stock market will continue to decline for some time. 4. Food prices will continue to rise as we face a global famine. The world's population continues to explode at a time when food production is not. Food will become more expensive and is a much better investment then the stock market. More and more people will have trouble paying for food leaving all the other materialistic items on the shelfs. 5. Energy cost is increasing as demand exceeds our resources. 6. Taxes are increasing. 7. tolls are increasing, health care, the list goes on and on.
Do not be deceived, the government can not stop a depression by spending and spending. Prepare yourself and listen to the truth not political lies. |
Economy
