Thursday, August 11, 2011

GOP Presidential Contenders Turn To Iowa

Republicans will focus on Iowa beginning tonight in hopes of continuing the progress they made in the debt ceiling adventures.

The first Republican presidential debate in two months will be tonight.  Iowa is the first state that award delegates in both the primary and caucus.  Most of the contenders will make stops at the Iowa State Fair to take questions from voters and shake hands.  Several others, including Texas Governor Rick Perry, who is making all the moves one would associate with a run at the nation's highest office, will also be at the state fair. 

Then Saturday night, the Ames Straw Poll will likely influence the race.  It generally is a test of grassroots organization and the candidates who do the best have the best organizations and are able to get their supporters to the event.

Perry has one thing in common with the last occupant of the White House besides also being from Texas--he was a "C" or "D" student.

Hopefully America has learned that when you have a president that is dumber than you are, the results are not good.

Wednesday, August 10, 2011

Americans Favor Tax Increase on Wealthy By Large Margin

As I mentioned a few days ago, this is going to be a major issue in the 2012 elections.  Republicans don't believe that billionaires are any better off than anyone else and don't want their taxes raised.  Democrats believe the wealthy should pay a higher percentage than those who make minimum wage.

This CNN poll confirms my thoughts.  63% of Americans believe that the wealthy should have to revert the the tax they were paying before President George W. Bush gave them big tax breaks.

Monday, August 8, 2011

Dow Jones Falls Another 300 Points

The United States stock market has fallen under 325 points this morning, and it is now 1,500 points lower since the Republican plan to raise the debit ceiling.  Seems like quite a price to pay to protect the billionaires from paying their fair share.

This will be the #1 issue in the upcoming 2012 elections.

Saturday, August 6, 2011

United States Adds 117,000 Jobs

It wasn't all that long ago when we had month after month in which we hopelessly lost hundreds of thousands of jobs.  Month after month.

Now, we've had a year in which the job market is turning around.  Business owners (Republicans mostly) have been reluctant to hire people so as to make President Obama look like a genius, instead piling up record profits and stockpiling record amounts of cash in the bank rather than adding new factories and new products.  I said a few months ago that at some point, investors are going to get angry with them for sitting on all that cash.  Now witness the 1,000 point drop in the Dow, over 500 points in a single day.  The investors have finally wised up to the tricks of the corporation and are demanding expansion.

And presto--over 100,000 jobs created in a month.  

All that really has to happen is for the lower and middle class Americans to rise up and demand their fair share.  That is really all that was at the core of the movement to organize workers and demand a decent wage.  

Yes, it really wasn't all that long ago that we lost hundreds of thousands of jobs.  Remember?  It was 2006-2008.

Since the Republican Proposal to Raise the Debt Ceiling Was Passed

...Dow Jones Industrial Average has plummeted over 1,000 points
the prestigious credit rating of the United States has been downgraded.

(All so the precious billionaires can keep their tax breaks.....)

You have one party for the billionaires...

And one party for the rest of us.

Tuesday, August 2, 2011

Debt Deal Will Become Law

With today's overwhelming vote in the United States Senate, the debt deal has been passed and will be signed by President Barack Obama.

Now we can turn to the issue which divided Democrats and Republicans in this debate and will be one of the central issues in the 2012 elections.

"Do you believe millionaires and billionaires should continue to receive tax cuts?  If your answer is yes, you will want to vote Republican in 2012, because Republicans do not want to burden the rich with taxes.  If your answer is no, you will want to vote Democrat, because Democrats believe the rich are already getting too many tax loopholes as it is.

Monday, August 1, 2011

U.S. Raises Debt Ceiling

Although this deal could have been reached months ago, Republicans finally consented to President Obama's demands and agreed to the deal.  

At real issue is why Republicans demanded so much time on whether or not the United States would pay its bills when the top priority should be jobs.  One thing that I'm sure will come up in the 2012 elections is why Republicans demanded that billionaires keep their tax cuts that President Bush gave them.  I don't think that fact sits too well with the millions of Americans out of work.