Ebola: What is the true risk?

Antibiotic-resistant bacteria (e.g., MRSA & MDR-TB) and viruses (e.g., flu) constantly mutate. A mutant or variant strain can result in a pandemic. Can we believe our Government’s claims that Ebola is under control? History of Ebola and its ”cousin” Marburg suggest we are being misled.

Obama to Letterman: Misleading or Wrong Statements

On Letterman’s September 20th show Obama made several misleading statements on the major issues of the day— debt and taxes.

OBAMA: The ($16T) debt is not a short-term problem. What does he mean by “short-term?” His 2013-2022 budget released from the Whitehouse indicates a debt increase of $4.67T in the next four years — a total increase of $11T over ten years. Is ten years short-term? These numbers do not include anything for his several education, infrastructure, jobs, etc. “proposals.”

Who’s Really To Blame For Our Financial Crisis?

The answer is BOTH parties. The democrats, particularly Clinton’s Administration, caused the most harm. Here is the history:

1977:  Under Carter the Administration the Community Reinvestment Act (CRA) was enacted that encouraged banks to provide home mortgages in their low-income neighborhoods where low-income customers had deposits — a good and noble goal.

1995:  The Clinton Administration rewrote the CRA rules to REQUIRE loans be made to low credit quality borrowers and these new rules became effective in January 31, 1995. This was the start of subprime mortgages — where borrowers did not meet the historic standards of the homeowner of the past.

Career Politicians: Irrational and Greedy

Career politicians’ are our Nation’s most irrational and greediest citizens! Yet they have convinced many of us it is those who disagree with them, big corporations, and the wealthy who are greedy. Consider the irrational and greedy actions of our politicians.

To stimulate the economy politicians irrationally:

  1. Indebt future generations. It’s done nothing. So they stimulate with more debt and quantitative easing (money printing) again and again. Money printing ultimately devalues existing money and raises inflation.
  2. Cut interest rates. It’s done nothing. So they cut rates again and again.

Obama’s “Tax The Rich” Mantra

President Obama’s stump speech to “tax the rich” is more rhetoric than fact. Let’s look at his statements and the facts before we all jump to the conclusion these taxes will fix our deficits/debt problems. He proposes to let expire the (Bush) tax cuts for those making over $250,000 per year. He claims these tax reductions:

  1. Have been a “major” contributor to our deficits
  2. Will raise $1 trillion over ten years for debt reduction
  3. Will not hurt businesses
  4. Will make the rich pay their fair share.

The facts are:

Read Older Blog Entries

Connect with S.O.S.

Get Updates via Email

Enter your email address to receive updates whenever new content is added.

Categories

October 2018
S M T W T F S
« Oct    
 123456
78910111213
14151617181920
21222324252627
28293031