Posted on 19 April 2009. Tags: affluent, back door to nationalization, banking, banks, barack obama, bonds, budget deficit, budget gap, carbon cap-and-trade, carbon emissions, Caribbean, charity, China, Chinese, climate change, congress, credit cards, currency, debt, deduction, diverisfy, economic adviser, Economics, Energy Secretary, equity, exemptions, federal revenue, financial industry, free enterprise, free market, global warming, greenhouse gases, Health Care, income tax, interest rates, international, Larry Summers, loans, monetary system, nationalization, nationalize, policy, Politics, Premier Wen Jiabao, President Obama, private sector, protectionism, public ownership, public policy, reserve currency, reserves, revenue raising plans, Rob Viglione, secondary market, socialism, Steven Chu, tax loophole, Tim Geithner, too high, Treasury, USD, usury, water levels, write off
U.S. Treasury Dept. considers converting loans to equity ownership in major U.S. banks…is this a backdoor to nationalization? Congressional push-back to Obama’s revenue raising plans is leaving $1 trillion gap in budget, Obama set to take on credit card companies for charging interest rates that he considers too high, the U.S. Energy Secretary warns that some Caribbean islands will disappear because of Global Warming, and China issues another condemnation of U.S. economic policies…threatens to diversify currency reserves out of USD… Continue Reading
Posted in Featured, Freedom Under Fire
Posted on 24 February 2009. Tags: alternative energy, analyzing, bad economics, bailouts, banking, barack obama, biofuel, carbon cap-and-trade, carbon emissions, carbon off-sets, clean energy, decoposing, discriminatory taxation, dropping out of high school not an option, Economics, Education, electricity, electronic records, everyone must learn, executive compensation, fair and balanced tax code, financial system, forced lending, Health Care, inflation, mandatory education, money supply, nuclear, outsourcing restricted, political economy, politicizing lending, Politics, president, protectionism, punative taxation, Rob Viglione, socialism, solar, state of the union address, universal health care, vehicle efficiency standards, velocity of money, wind
President Obama is an incredible speaker. When on stage he resembles a preacher in a pulpit, often to similar affect. His speech before a joint session of the houses of Congress tonight is the perfect example of rubbish couched in eloquence. There were myriad pleas to humanity, citing one example after another of suffering to elicit emotion, but not much of what he proposed offers substantive solutions; rather, his Socialistic decrees will surely lead this country in the opposite direction. Here’s what I mean: Continue Reading
Posted in Economics, Politics