Saturday, October 20, 2012

Romney's Agenda

 






Romney's proposal...
*"Tax reduction 20%" across the board?!!! a 5 trillion Dollars hole. This is not for you, the little people or the 47%.
*Healthcare: abolish the affordable act, and create a new healthcare for private healthcare Insurances to compete.
*Medicare: Vouchers, current senior may not be impacted!!!?
*Banks regulations to be reduced, lower burden on the financial institutions, back to laverage of 40 to 1.
*Women's health is controlled by electd officials, not the Supreme Court.
*Iran must not have "Weapons of Mass destruction". Memories of Iraqu's story.
Sound familiar to "Bush the second". Same talk, same idea, and same view. Watch for the outcome.
*Create 12 million jobs.

In 2008, US government had to gaurantee the money market, Fannie and Freddie, AIG, the big banks, and the auto industries. With that, lehman Brothers, Country Wide, Merrill Lynch, Washington Mutual, others evaporated, and the worse housing bubble ever. A loss of five Trillion dollars.

You may not have realized the financial collapse then but it did happen and would have wiped everyone out and I mean everyone around the globe. As the fed chairman said "By Monday we would not have an Economy...!!!!"

Saturday, October 6, 2012

The Invisible...!




The Good Samaritan theory established more than 2000 years ago.

Adam Smith published his theory of economics "the invisible hand" in 1776. A free market where you buy what you want and others manufacture what they want the way they like. This will help the society where all benefit.

To avoid having extra supply in one location, roads, trucks, railroads, ...etc. were built.

Now the demand on potatos equal the supply in Idaho as well as in New York. More profit to the grower and to the market.

In the process, a new class of people fell off the wagon, and landed in the bottom of the society. The society and the individuals have responsibilities towards the less fortunate. 

"For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, "I was a stranger and you invited me in, I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me.’

So  "promise you wouldn't forget me... ever" Just a thought.