Blazing Saddles
Pursuit Driver
I posted this here in "General Discussion" because it encompasses a couple different ideas.
First, the economy doesn't seem to be going in the right direction. GDP for the first quarter was revised for 1.9% growth to a dismal 0.04%. That is nothing. I heard this yesterday that there were more layoffs last week than any week in the past 3 years. Food prices are on the rise again and energy prices were holding steady.
Yesterday, after the debt bill was signed, your president, Obama, gets on national tv and says that he is going to focus on job creation. What? Job creation? Hasn't he been saying this since '08? I know the state of the union address in '10 was filled with those promises. Tell me this, has the American public finally heard enough from this man and the party of biggest gov't. (big gov't seems to apply to both sides lately). I know this guys approval ratings are hovering around 40% but who are these 40%? Is there anything that would move them to disappointed?
I've heard from several people in financial sector to expect interest rates and inflation to really start hitting next spring. I know al ot of people have been saying that hyper-inflation will arrive soon due to the policies of this administration so could this be it? This QE3 idea will not make things better if some are looking for a light at the end of a tunnel.
I only say these things for this, please let people know about how crucial this election coming up really is. I'm not talking about just voting republican, I am saying get fiscally conservative members in Congress now. We are going to suffer for many more months but we can't possibly get ahead with what just happened last week on this debt crisis. The days of big spending have to be over. Some folks blame the TEA party for this but they just can't see that SPENDING TOO MUCH got us here and raising taxes will not do a bit of good.
I know it hurts people we know, but these entitlement programs like SS, Medicare, Medicade, welfare, etc have to gotten rid of in exchange for something more efficient. SS will run out of money in a few years and it will totally consume all revenue brought in by the gov't. Any idiot can see that won't work but we can't wait to fix it. It has to be now. Plan your retirement without the hopes of SS because it will not be there. Consider that money lost and start saving today. Rant over..... :B_S
First, the economy doesn't seem to be going in the right direction. GDP for the first quarter was revised for 1.9% growth to a dismal 0.04%. That is nothing. I heard this yesterday that there were more layoffs last week than any week in the past 3 years. Food prices are on the rise again and energy prices were holding steady.
Yesterday, after the debt bill was signed, your president, Obama, gets on national tv and says that he is going to focus on job creation. What? Job creation? Hasn't he been saying this since '08? I know the state of the union address in '10 was filled with those promises. Tell me this, has the American public finally heard enough from this man and the party of biggest gov't. (big gov't seems to apply to both sides lately). I know this guys approval ratings are hovering around 40% but who are these 40%? Is there anything that would move them to disappointed?
I've heard from several people in financial sector to expect interest rates and inflation to really start hitting next spring. I know al ot of people have been saying that hyper-inflation will arrive soon due to the policies of this administration so could this be it? This QE3 idea will not make things better if some are looking for a light at the end of a tunnel.
I only say these things for this, please let people know about how crucial this election coming up really is. I'm not talking about just voting republican, I am saying get fiscally conservative members in Congress now. We are going to suffer for many more months but we can't possibly get ahead with what just happened last week on this debt crisis. The days of big spending have to be over. Some folks blame the TEA party for this but they just can't see that SPENDING TOO MUCH got us here and raising taxes will not do a bit of good.
I know it hurts people we know, but these entitlement programs like SS, Medicare, Medicade, welfare, etc have to gotten rid of in exchange for something more efficient. SS will run out of money in a few years and it will totally consume all revenue brought in by the gov't. Any idiot can see that won't work but we can't wait to fix it. It has to be now. Plan your retirement without the hopes of SS because it will not be there. Consider that money lost and start saving today. Rant over..... :B_S
