The World Economic Outlook (WEO) presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF's global surveillance activities.
To get a copy of the WEO pdf, click on the title "World Economic Outlook".
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair, we hadPhiladelphia asked Benjamin Franklin, "Well, Doctor, what have we got, a republic or a monarchy?" With no hesitation whatsoever, Franklin responded, "A republic, if you can keep it." ~ BENJAMIN FRANKLIN 1787
Thursday, April 30, 2009
Wednesday, April 29, 2009
"SPRINGTIME IN AMERICA!"
1. Sunday TV Obama Appraisals: 'Moderate,' 'Spring Time in America!' Asked by George Stephanopoulos to name the "most important thing we've learned" about President Barack Obama during his first one hundred days in office (which is still three days away), David Sanger, a Washington correspondent for the New York Times, asserted: "I think we've learned that he's more moderate than we had expected." That says a lot about the mindset of New York Times reporters and prompted George Will to retort, during the roundtable segment on ABC's This Week: "He's less moderate than I thought. He's going to design our cars. He's going to design our light bulbs. He's going to tell us where our house shall be built. This is supervisory liberalism in the most nagging, annoying sort." Bob Schieffer brought aboard CBS's Face the Nation the Washington Post's Bob Woodward and Tina Brown, Editor-in-Chief of The Daily Beast site, to assess Obama. Brown could barely contain herself, trumpeting "what a force-multiplier Michelle Obama has turned out to be" as she and her husband work in "flawless concert," so while "the world is talking about torture and the Bush administration, then we have Michelle with her vegetable garden. Talk about Spring time in America!"
'Spring Time in America!'
Produced by Mel Brooks
Asked by George Stephanopoulos to name the "most important thing we've learned" about President Barack Obama during his first one hundred days in office (which is still three days away), David Sanger, a Washington correspondent for the New York Times, asserted: "I think we've learned that he's more moderate than we had expected." That says a lot about the mindset of New York Times reporters and prompted George Will to retort, during the roundtable segment on ABC's This Week: "He's less moderate than I thought. He's going to design our cars. He's going to design our light bulbs. He's going to tell us where our house shall be built. This is supervisory liberalism in the most nagging, annoying sort."
Bob Schieffer brought aboard CBS's Face the Nation the Washington Post's Bob Woodward and Tina Brown, Editor-in-Chief of The Daily Beast site, to assess Obama. Brown could barely contain herself, trumpeting "what a force-multiplier Michelle Obama has turned out to be" as she and her husband work in "flawless concert," so while "the world is talking about torture and the Bush administration, then we have Michelle with her vegetable garden. Talk about Spring time in America!"
[This item, by the MRC's Brent Baker, was posted Sunday afternoon on the MRC's blog, NewsBusters.org: newsbusters.org ]
Brown's excitement: "One of the great surprises is what a force-multiplier Michelle Obama has turned out to be because these two are working in such, sort of, flawless concert. You know as the world is talking about torture and the Bush administration, then we have Michelle with her vegetable garden. Talk about Spring time in America! There's a real sense that these two are operating in a kind of wonderful symbiosis that we really haven't seen, I don't think ever, between a President and a First Lady."
Sanger's complete answer on the April 26 This Week: "I think we've learned that he's more moderate than we had expected. I think we've learned that he is quite determined to follow through, almost as a checklist, on his campaign promises. And I think we've also learned that we don't really know his bottom line. Whether it's the banks or Iran, we haven't yet figured out whether or not there's an element in this personality that wavers a bit."
EVERYBODY SING ALONG
CHORUS:
America was having trouble
What a sad, sad story
Needed a new leader to restore
Its former glory
Where, oh, where was he?
Where could that man be?
We looked around and then we found
The man for you and me
LEAD TENOR STORMTROOPER (Acorn):
And now it's...
Springtime for Obama and America
Americaland is happy and gay!
We're marching to a faster pace
Look out, here comes the master race!
Springtime for Obama and America
Americaland's a fine land once more!
Springtime for Obama and America
Watch out, Europe
We're going on tour!
Springtime for Obama and America...
CHORUS:
Look, it's springtime
LEAD TENOR STORMTROOPER:
Winter for Poland and France
CHORUS AND STORMTROOPER:
Springtime for Obama and America!
CHORUS:
Springtime! Springtime!
Springtime! Springtime!
Springtime! Springtime!
Springtime! Springtime!
STORMTROOPER:
Come on, Americans
Go into your dance!
STORMTROOPER "ROLF":
I was born in Dusseldorf und that is why they call me Rolf.
STORMTROOPER "MEL":
Don't be stupid, be a smarty, come and join the Obama party!
ULLA:
The Savor is coming, the Savor is coming, the Savor is coming!
STORMTROOPER #1:
Heil Obama!
STORMTROOPER #2:
Heil Obama!
LEAD TENOR STORMTROOPER:
Heil Obama!
Springtime for Obama and America
ALL:
Heil Obama!
ROGER:
Heil myself
Heil to me
I'm the American
CHORUS (Congress):
Who's out to change our history
Heil myself
Raise your hand
There's no greater
Liberator in the land!
Everything I do, I do for you!
CHORUS:
Yes, you do!
ROGER:
If you're looking for a war, here's World War Three!
Heil myself
Raise your beer
CHORUS:
Jawohl!
ROGER:
Ev'ry hotsy-totsy American stand and cheer
CHORUS:
Hooray!
Ev'ry hotsy-totsy American..
ROGER:
Heil myself!
CHORUS:
Ev'ry hotsy-totsy American..
ROGER:
Heil myself!
CHORUS:
Ev'ry hotsy-totsy American..
ROGER:
...stand and cheer!
THE HEIL-LOs:
The Liberator is causing a furor!
He's got those Russians on the run
You gotta love that wacky hun!
The Liberator is causing a furor
They can't say "no" to his demands
They're freaking out in foreign lands
He's got the whole world in his hands
The Liberator is causing a furor!
ROGER:
I was just a paper hanger
No one more obscurer
Got a phone call from the Reichstag
Told me I was Liberator
America was blue
What, oh, what to do?
Hitched up my pants
And conquered France
Now America’s smiling through!
But it wasn't always so easy...
It was 2006 ‘W’ was working the Big Room and I...
I was playing the lounge. And then I got my big break.
Somebody burned down the Reichstag. And, would you believe it?
They made me President, President!
It ain't no myst'ry
If it's politics or hist'ry
The thing you gotta know is
Ev'rything is show biz
Heil myself
Watch my show
I'm the American Ethel Merman
Dontcha know
We are crossing borders
The new world order is here
Make a great big smile
Ev'ryone sieg heil to me
Wonderful me!
And now it's...
CHORUS:
Springtime for Obama and America
Goose-step's the new step today
ROGER:
Springtime!
Goose-steps!
CHORUS MEN:
Bombs falling from the skies again
CHORUS:
America is on the rise again
ROGER & CHORUS:
Springtime for Obama and America
U-boats are sailing once more
Springtime for Obama and America
ROGER:
Means that...
CHORUS:
Soon we'll be going...
ROGER:
We've got to be going...
CHORUS:
You know we'll be going....
ROGER:
You bet we'll be going...
ROGER & CHORUS:
You know we'll be going to w……!!
'Spring Time in America!'
Produced by Mel Brooks
Asked by George Stephanopoulos to name the "most important thing we've learned" about President Barack Obama during his first one hundred days in office (which is still three days away), David Sanger, a Washington correspondent for the New York Times, asserted: "I think we've learned that he's more moderate than we had expected." That says a lot about the mindset of New York Times reporters and prompted George Will to retort, during the roundtable segment on ABC's This Week: "He's less moderate than I thought. He's going to design our cars. He's going to design our light bulbs. He's going to tell us where our house shall be built. This is supervisory liberalism in the most nagging, annoying sort."
Bob Schieffer brought aboard CBS's Face the Nation the Washington Post's Bob Woodward and Tina Brown, Editor-in-Chief of The Daily Beast site, to assess Obama. Brown could barely contain herself, trumpeting "what a force-multiplier Michelle Obama has turned out to be" as she and her husband work in "flawless concert," so while "the world is talking about torture and the Bush administration, then we have Michelle with her vegetable garden. Talk about Spring time in America!"
[This item, by the MRC's Brent Baker, was posted Sunday afternoon on the MRC's blog, NewsBusters.org: newsbusters.org ]
Brown's excitement: "One of the great surprises is what a force-multiplier Michelle Obama has turned out to be because these two are working in such, sort of, flawless concert. You know as the world is talking about torture and the Bush administration, then we have Michelle with her vegetable garden. Talk about Spring time in America! There's a real sense that these two are operating in a kind of wonderful symbiosis that we really haven't seen, I don't think ever, between a President and a First Lady."
Sanger's complete answer on the April 26 This Week: "I think we've learned that he's more moderate than we had expected. I think we've learned that he is quite determined to follow through, almost as a checklist, on his campaign promises. And I think we've also learned that we don't really know his bottom line. Whether it's the banks or Iran, we haven't yet figured out whether or not there's an element in this personality that wavers a bit."
EVERYBODY SING ALONG
CHORUS:
America was having trouble
What a sad, sad story
Needed a new leader to restore
Its former glory
Where, oh, where was he?
Where could that man be?
We looked around and then we found
The man for you and me
LEAD TENOR STORMTROOPER (Acorn):
And now it's...
Springtime for Obama and America
Americaland is happy and gay!
We're marching to a faster pace
Look out, here comes the master race!
Springtime for Obama and America
Americaland's a fine land once more!
Springtime for Obama and America
Watch out, Europe
We're going on tour!
Springtime for Obama and America...
CHORUS:
Look, it's springtime
LEAD TENOR STORMTROOPER:
Winter for Poland and France
CHORUS AND STORMTROOPER:
Springtime for Obama and America!
CHORUS:
Springtime! Springtime!
Springtime! Springtime!
Springtime! Springtime!
Springtime! Springtime!
STORMTROOPER:
Come on, Americans
Go into your dance!
STORMTROOPER "ROLF":
I was born in Dusseldorf und that is why they call me Rolf.
STORMTROOPER "MEL":
Don't be stupid, be a smarty, come and join the Obama party!
ULLA:
The Savor is coming, the Savor is coming, the Savor is coming!
STORMTROOPER #1:
Heil Obama!
STORMTROOPER #2:
Heil Obama!
LEAD TENOR STORMTROOPER:
Heil Obama!
Springtime for Obama and America
ALL:
Heil Obama!
ROGER:
Heil myself
Heil to me
I'm the American
CHORUS (Congress):
Who's out to change our history
Heil myself
Raise your hand
There's no greater
Liberator in the land!
Everything I do, I do for you!
CHORUS:
Yes, you do!
ROGER:
If you're looking for a war, here's World War Three!
Heil myself
Raise your beer
CHORUS:
Jawohl!
ROGER:
Ev'ry hotsy-totsy American stand and cheer
CHORUS:
Hooray!
Ev'ry hotsy-totsy American..
ROGER:
Heil myself!
CHORUS:
Ev'ry hotsy-totsy American..
ROGER:
Heil myself!
CHORUS:
Ev'ry hotsy-totsy American..
ROGER:
...stand and cheer!
THE HEIL-LOs:
The Liberator is causing a furor!
He's got those Russians on the run
You gotta love that wacky hun!
The Liberator is causing a furor
They can't say "no" to his demands
They're freaking out in foreign lands
He's got the whole world in his hands
The Liberator is causing a furor!
ROGER:
I was just a paper hanger
No one more obscurer
Got a phone call from the Reichstag
Told me I was Liberator
America was blue
What, oh, what to do?
Hitched up my pants
And conquered France
Now America’s smiling through!
But it wasn't always so easy...
It was 2006 ‘W’ was working the Big Room and I...
I was playing the lounge. And then I got my big break.
Somebody burned down the Reichstag. And, would you believe it?
They made me President, President!
It ain't no myst'ry
If it's politics or hist'ry
The thing you gotta know is
Ev'rything is show biz
Heil myself
Watch my show
I'm the American Ethel Merman
Dontcha know
We are crossing borders
The new world order is here
Make a great big smile
Ev'ryone sieg heil to me
Wonderful me!
And now it's...
CHORUS:
Springtime for Obama and America
Goose-step's the new step today
ROGER:
Springtime!
Goose-steps!
CHORUS MEN:
Bombs falling from the skies again
CHORUS:
America is on the rise again
ROGER & CHORUS:
Springtime for Obama and America
U-boats are sailing once more
Springtime for Obama and America
ROGER:
Means that...
CHORUS:
Soon we'll be going...
ROGER:
We've got to be going...
CHORUS:
You know we'll be going....
ROGER:
You bet we'll be going...
ROGER & CHORUS:
You know we'll be going to w……!!
THAT'S PELOSI ...
CNN-Wolf Blitzer to Nancy Pelosi Promise Us There WIll BE No Pork. Promise, she says. Check out the web site. It only took her a WEEK TO BREAK HER PROMSE. Hmmmmm
Sunday, April 26, 2009
TAXING GROCERY BAGS AND OTHER OUTRAGEOUS THINGS
AMERICAN BROADCASTING IS PABLUM FOR THE MASSES ... PRESS #1 FOR SPANISH AND #2 FOR ENGLISH ...
This letter was sent to the Wall Street Journal on August 8, 2008 by Alisa Wilson, Ph..D. Of Beverly Hills , CA . in response to theWall Street Journal article titled "Where's The Outrage?" that appeared July 31,2008.
Really. I can tell you where the outrage is. The outrage is here, in this middle-aged, well-educated, upper-middle class woman. The outrage is here, but I have no representation, no voice. The outrage is here, but no one is listening for who am I?
I am not a billionaire like George Soros that can fund an entire political movement. I am not a celebrity like Barbra Streisand that can garner the attention of the press to promote political candidates. I am not a film maker like Michael Moore or Al Gore that can deliver misleading movies to the public.
The outrage is here, but unlike those with money or power, I don't know how to reach those who feel similarly in order to effect change. Why am I outraged? I am outraged that my country, the United States of America , is in a state of moral and ethical decline. There is no right or wrong anymore, just what's fair.
Is it fair that millions of Americans who overreached and borrowed more than they could afford are now being bailed out by the government and lending institutions to stave off foreclosure? Why shouldn't these people be made to pay the consequences for their poor judgment?
When my husband and I purchased our home, we were careful to purchase only what we could afford. Believe me, there are much larger, much nicer homes that I would have loved to have purchased. But, taking responsibility for my behavior and my life, I went with the house that we could afford, not the house that we could not afford. The notion of personal responsibility has all but died in our country.
I am outraged, that the country that welcomed my mother as an immigrant from Hitler's Nazi Germany and required that she and her family learn English now allows itself to be overrun with illegal immigrants and worse, caters to those illegal immigrants.
I am outraged that my hard-earned taxes help support those here illegally .. That the Los Angeles Public School District is in such disarray that I felt it incumbent to send my child to private school, that every time I go to the ATM, I see "do you want to continue in English or Spanish?", that every time I call the bank, the phone company , or similar business, I hear "press 1 for English or press 2 for Spanish". WHY? This is America , our common language is English and attempts to promote a bi- or multi-lingual society are sure to fail and to marginalize those who cannot communicate in English.
I am outraged at our country's weakness in the face of new threats on American traditions from Muslims. Just this week, Tyson's Food negotiated with its union to permit Muslims to have Eid-al-Fitr as a holiday instead of Labor Day. What am I missing? Yes, there is a large Somali Muslim population working at the Tyson's plant in Tennessee . Tennessee , last I checked, is still part of the United States . If Muslims want to live and work here they should be required to live and work by our American Laws and not impose their will on our long history.
In the same week, Random House announced that they had indefinitely delayed the publication of The Jewel of Medina, by Sherry Jones, a book about the life of Mohammed's wife, Aisha due to fear of retribution and violence by Muslims. When did we become a nation ruled by fear of what other immigrant groups want? It makes me so sad to see large corporations cave rather than stand proudly on t he principles that built this country.
I am outraged because appeasement has never worked as a political policy, yet appeasing Mahmoud Ahmadinejad is exactly what we are trying to do. An excellent article, also published recently in the Wall Street Journal, went through over 20 years of history and why talking with Iran has been and will continue to be ineffective. Yet talk, with a madman no less, we continue to do. Have we so lost our moral compass and its ability to detect evil that we will not go in and destroy Iran 's nuclear program? Would we rather wait for another Holocaust for the Jews - one which they would be unlikely to survive? When does it end?
As if the battle for good and evil isn't enough, now come the Environmentalists who are so afraid of global warming that they want to put a Bag tax on grocery bags in California; to eliminate Mylar balloons; to establish something as insidious as the recycle police in San Francisco. I do my share for the environment: I recycle, I use water wisely, I installed an energy efficient air conditioning unit. But when and where does the lunacy stop? Ahmadinejad wants to wipe Israel off the map, the California economy is being overrun by illegal immigrants, and the United States of America no longer knows right from wrong, good from evil. So what does California do? Tax grocery bags.
So, America , although I can tell you where the outrage is, this one middle-aged, well-educated, upper middle class woman is powerless to do anything about it. I don't even feel like my vote counts because I am so outnumbered by those who disagree with me.
Alisa Wilson, Ph.D. Beverly Hills , California
This letter was sent to the Wall Street Journal on August 8, 2008 by Alisa Wilson, Ph..D. Of Beverly Hills , CA . in response to theWall Street Journal article titled "Where's The Outrage?" that appeared July 31,2008.
Really. I can tell you where the outrage is. The outrage is here, in this middle-aged, well-educated, upper-middle class woman. The outrage is here, but I have no representation, no voice. The outrage is here, but no one is listening for who am I?
I am not a billionaire like George Soros that can fund an entire political movement. I am not a celebrity like Barbra Streisand that can garner the attention of the press to promote political candidates. I am not a film maker like Michael Moore or Al Gore that can deliver misleading movies to the public.
The outrage is here, but unlike those with money or power, I don't know how to reach those who feel similarly in order to effect change. Why am I outraged? I am outraged that my country, the United States of America , is in a state of moral and ethical decline. There is no right or wrong anymore, just what's fair.
Is it fair that millions of Americans who overreached and borrowed more than they could afford are now being bailed out by the government and lending institutions to stave off foreclosure? Why shouldn't these people be made to pay the consequences for their poor judgment?
When my husband and I purchased our home, we were careful to purchase only what we could afford. Believe me, there are much larger, much nicer homes that I would have loved to have purchased. But, taking responsibility for my behavior and my life, I went with the house that we could afford, not the house that we could not afford. The notion of personal responsibility has all but died in our country.
I am outraged, that the country that welcomed my mother as an immigrant from Hitler's Nazi Germany and required that she and her family learn English now allows itself to be overrun with illegal immigrants and worse, caters to those illegal immigrants.
I am outraged that my hard-earned taxes help support those here illegally .. That the Los Angeles Public School District is in such disarray that I felt it incumbent to send my child to private school, that every time I go to the ATM, I see "do you want to continue in English or Spanish?", that every time I call the bank, the phone company , or similar business, I hear "press 1 for English or press 2 for Spanish". WHY? This is America , our common language is English and attempts to promote a bi- or multi-lingual society are sure to fail and to marginalize those who cannot communicate in English.
I am outraged at our country's weakness in the face of new threats on American traditions from Muslims. Just this week, Tyson's Food negotiated with its union to permit Muslims to have Eid-al-Fitr as a holiday instead of Labor Day. What am I missing? Yes, there is a large Somali Muslim population working at the Tyson's plant in Tennessee . Tennessee , last I checked, is still part of the United States . If Muslims want to live and work here they should be required to live and work by our American Laws and not impose their will on our long history.
In the same week, Random House announced that they had indefinitely delayed the publication of The Jewel of Medina, by Sherry Jones, a book about the life of Mohammed's wife, Aisha due to fear of retribution and violence by Muslims. When did we become a nation ruled by fear of what other immigrant groups want? It makes me so sad to see large corporations cave rather than stand proudly on t he principles that built this country.
I am outraged because appeasement has never worked as a political policy, yet appeasing Mahmoud Ahmadinejad is exactly what we are trying to do. An excellent article, also published recently in the Wall Street Journal, went through over 20 years of history and why talking with Iran has been and will continue to be ineffective. Yet talk, with a madman no less, we continue to do. Have we so lost our moral compass and its ability to detect evil that we will not go in and destroy Iran 's nuclear program? Would we rather wait for another Holocaust for the Jews - one which they would be unlikely to survive? When does it end?
As if the battle for good and evil isn't enough, now come the Environmentalists who are so afraid of global warming that they want to put a Bag tax on grocery bags in California; to eliminate Mylar balloons; to establish something as insidious as the recycle police in San Francisco. I do my share for the environment: I recycle, I use water wisely, I installed an energy efficient air conditioning unit. But when and where does the lunacy stop? Ahmadinejad wants to wipe Israel off the map, the California economy is being overrun by illegal immigrants, and the United States of America no longer knows right from wrong, good from evil. So what does California do? Tax grocery bags.
So, America , although I can tell you where the outrage is, this one middle-aged, well-educated, upper middle class woman is powerless to do anything about it. I don't even feel like my vote counts because I am so outnumbered by those who disagree with me.
Alisa Wilson, Ph.D. Beverly Hills , California
Saturday, April 25, 2009
AN ALARMING VIDEO EVERYONE SHOULD VIEW
Completely unfiltered news from The Middle East Media Research Institute [MEMRI.ORG]. This video has sub titles and is worth viewing. I don't whether the present International Policy will make one bit of difference.
For additional research see the following: href="http://lcweb2.loc.gov/frd/cs/irtoc.html">
For additional research see the following: href="http://lcweb2.loc.gov/frd/cs/irtoc.html">
GE ... MSNBC ... AND INTEGRITY OF JOURNALISM
"Factor" producer (and GE shareholder) Jesse Watters attended the annual GE shareholder meeting on April 21 in Orlando, Florida. During the Q&A period, Watters asked Chairman and CEO Jeffrey Immelt about the recent ugly comments by Janeane Garofalo on MSNBC. Here is how Immelt - and the room full of stockholders - responded to the confrontation
Friday, April 24, 2009
PLANNED ECONOMY OR PLANNED DESTRUCTION
Cartoon From 1934... FDR Era
Look at this cartoon from 1934 and look especially carefully at the plan of action. Remember the adage, "Those who do not remember the past are doomed to repeat it." Looks like we could be in for difficult times. Could have been drawn yesterday.
Chicago Tribune Cartoon 1934...
So, what has changed?
Look at this cartoon from 1934 and look especially carefully at the plan of action. Remember the adage, "Those who do not remember the past are doomed to repeat it." Looks like we could be in for difficult times. Could have been drawn yesterday.
Chicago Tribune Cartoon 1934...
So, what has changed?
Saturday, April 11, 2009
CONSISTENT APPLICATION OF POLICY IS A GOOD START .... WHY NOT?
United Auto Workers President Ron Gettlefinger (AP photo)
(CNSNews.com) – A Florida congressman is urging President Obama to be “even-handed” and ask United Auto Workers (UAW) President Ron Gettelfinger to relinquish his job – just as Obama forced the General Motors CEO to resign.
Rep. Connie Mack (R-Fla.) said both auto industry bo“a new vision and new direction” sses “share equal blame” for GM’s financial woes.
Rep. Connie Mack (R-Fla.) said both auto industry bo“a new vision and new direction” sses “share equal blame” for GM’s financial woes.
Late last month, Obama requested the resignation of GM CEO Rick Wagoner, saying it was an opportunity for a new beginning rather than “a condemnation.”
The president said his decision constituted for the battered auto maker.
But Obama’s decision spurred criticism among those who questioned why the UAW president didn’t stand alongside Wagoner in the unemployment line.
“For decades, U.S. automobile executives have made one bad choice after another and led their companies down the path toward ruin,” Mack said. “But at the same time, union bosses share equal blame for failing to act responsibly to achieve long-term stability and prosperity for their members, consumers and the auto industry as a whole,” Mack added.
Firing Gettlefinger would signal a new beginning for the union side of the American auto industry, said Mack, who critized the union boss for his inability to renovate the UAW -- and for repudiating a compromise that would have helped the Big Three [G.M., Ford Motors, Chrysler] though cost-effectiveness and sustaining jobs.
Mack called on President Obama to treat Gettelfinger and Wagoner as one and the same.
"If President Obama believes it was appropriate to fire Rick Wagoner because of his role in the demise of General Motors,” the congressman told CNSNews.com, “then he should also believe that it is equally appropriate to fire Ron Gettelfinger for his role too.”
Mark Mix, president of National Right to Work Committee, an anti-involuntary-union group, provided CNSNews.com with a statement that echoes the Florida congressman’s sentiment.
“If Obama feels Rick Wagoner should be fired for the current state of GM, then surely Ron Gettelfinger should share his fate,” Mix underscored.
“For years, Gettelfinger and other UAW bosses have put union featherbedding, inefficient work rules and expanding their forced union dues empire ahead of the interests of the workers they claim to ‘represent,’ ” Mix said.
He added: “Under Ron Gettelfinger's reign, Detroit has become the poster child for the devastation caused by forced unionism so it would only be fitting that he shares in the unemployment he has helped to cause.”
The UAW declined to comment.
“The UAW has no comment on stories about Ron Gettelfinger stepping down,” Christine Moroski, assistant director for UAW public relations department, told CNSNews.com.
The Florida congressman, meanwhile, questioned whether Obama has the power to fire Wagoner.
“I urge the President to stop and look both ways before he continues down this dangerous road,” advised Mack.
Mack told CNSNews.com that Washington had no business meddling in private sector affairs.
“We'd all be better served by keeping Washington out of the private sector and allowing business to operate according to market forces and conditions," the congressman told CNSNews.com.
But if the president does have the authority, and if someone has to pay the price, Mack blames both Wagoner and Gettelfinger equally for the “demise of the U.S. auto industry.”
“U.S. automobile executives and U.S. labor bosses sat together at the same table where unsustainable labor contracts were ultimately agreed to,” Mack said.
“Those decisions, along with other decisions by both sides, contributed heavily to the demise of the U.S. auto industry,” he added.
Leonard cohen - the future.
Nostradamus is the Latinized form of Michel de Nostredame, the French astrologer, who lived from 1503 to 1566. His great popularity is apparent when one ponders that he is one of the few authors whose work has never been out of print for over four hundred years!
His family converted from Judaism to Catholicism when he was 9 years old. Regarding Roman Catholicism:
He approved the Ceremonies of the Roman Church and remained faithful to the Catholic faith and religion, holding that outside it there was no salvation. He gravely reproved those who, having withdrawn from its embrace, were prepared to let themselves be fed and watered by the easy-going freedoms of damnable foreign doctrines. Their end, he asserted, would be evil and nasty (NE, p. 43).Furthermore:
It is important to remember the Jewish element of Nostradamus’ childhood when trying to decipher the Prophecies, as he was greatly influenced by occult Jewish literature (PON, p. 5).
Tuesday, April 7, 2009
TRACKING THE RECESSION - MUCH ADO ABOUT A SMALL STIMULUS POT
| By Pamela M. Prah, Stateline.org Staff Writer | |
After weeks of speculation and intense political pressure, a reluctant Republican South Carolina Gov. Mark Sanford on Friday (April 3) became the last governor to formally notify the White House that he plans to accept at least some federal dollars from the stimulus package — but the controversy is far from over. He and several other Republican governors may still turn back a portion of their stimulus money, as the debate continues about whether the federal handout would do more harm than good. But in the big picture, the portion is less than $2 billion or a faction of the states’ total $275 billion share. Sanford delayed his decision until the deadline for governors to send letters to the White House certifying that their states will request federal stimulus dollars and use the funds “to create jobs and promote economic growth.” Governors weren’t required to spell out in these letters which funds they may or may not take — although some have — only that they promise to spend the money on creating jobs, not on building swimming pools, aquariums or golf courses. Even in his acceptance letter, Sanford said he still may not take $700 million in education funds of the nearly $8 billion in stimulus money headed for his state despite pleas from members of his own party in the statehouse and on Capitol Hill to do so. “As you may be aware, our administration continues to have reservations about accepting those funds,” Sanford wrote to the White House. Sanford had previously said he would accept the money only if the state could use it to pay down the state debt, but the Obama administration has twice rejected Sanford’s idea, saying the law stipulates that those funds must be used on education and public safety. Overlooked in the frenzy of headlines about Sanford and the other Republican governors rejecting federal stimulus dollars is how small the financial stakes are. While governors will be held accountable for ensuring that the federal money is used wisely in their states, they control spending — or not spending — a very small slice of the total $787 billion economic stimulus pie aimed at jolting the country out of recession. Only $135 billion of the states’ $275 billion is discretionary, while the rest is funneled into specific projects and programs. At issue for a handful of governors is whether to accept their share of money from a $7 billion fund to expand unemployment benefits to a half-million more people across the country, including part-time workers. Six Republican governors, including Sanford, are arguing that using their share of this stimulus money to extend unemployment would bankrupt their states’ unemployment trust funds and lead to higher business taxes when the federal dollars dry up. With unemployment reaching double-digits nationally and state budget deficits expected to plunge by $350 billion through 2011, politicians of both parties are leery of leaving any federal dollars on the table. California Gov. Arnold Schwarzenegger (R) said he would gladly take funds a fellow governor doesn’t want. Besides refusing unemployment funds, Alaska Gov. Sarah Palin (R) also has staked out positions against taking education and energy funds while Louisiana Gov. Bobby Jindal (R) said he will decline money to provide health insurance coverage for people leaving welfare and for the state charity hospital system. Still in question is whether state lawmakers will try to invoke a provision in the stimulus law that seeks to allow legislatures to get funds that a governor declines and, if any do, whether it will hold up in court. Here a summary of action taken by governors to decline stimulus money: Alaska – Palin has backed off her initial position to turn down $288 million of the nearly $1 billion allotted to her state, including $170 million for schools, $56 million for weatherizing homes and $15.6 million for unemployment, but she is still negotiating the issue with state lawmakers there. “It is possible that there will be areas where the state will not choose to apply for funds,” the former Republican vice-presidential candidate said in her certification letter to the White House. Top Alaskan legislators, including conservatives, have said "they're likely to accept” at least most of the federal economic stimulus money that Palin does not, The Anchorage Daily News reported. Alabama – Gov. Bob Riley has turned down $99 million in stimulus money to expand unemployment benefits, saying it would lead to a $17 million tax increasewhen the federal dollars stop coming. State lawmakers have moved to pass a resolution that could help them accept the funds, The Birmingham Newsreported. Louisiana – Jindal has said he will reject $98 million in federal funds to expand unemployment benefits besides $9.5 million for health insurance coverage for people leaving welfare and $58 million for the hospital system. “We will continue to examine fund-specific requirements to ensure that we are not growing government in an unsustainable way,” he wrote in his certification letter to the White House. Mississippi – Gov. Haley Barbour (R) has said he will refuse $56 million in stimulus money for expanding unemployment benefits because it would cost business owners an additional $16 million each year once the federal government’s money is spent. The state House has passed a resolution to get the money, but the Senate has not. South Carolina – The White House in a March 31 letter said that only the governor — not the Legislature — can apply for the $700 million from the state “fiscal stabilization fund” that is specifically to help South Carolina avoid cuts in education and public services. Even if Sanford doesn’t apply, Education Secretary Arne Duncan said he would work with Congress to find another way to get the money into South Carolina schools, The Greenville News reported. Texas – Gov. Rick Perry (R) rejected $555 million in federal stimulus money that would expand state jobless benefits to part-time workers. While Perry will accept other funds from the stimulus, he is opposed to using these funds to expand existing government programs, “burdening the state with ongoing expenditures long after the funding has dried up,” he wrote in his letter to the White House. Perry’s decision has come under fire from U.S. Sen. Kay Bailey Hutchinson who is expected to challenge Perry for the GOP nomination for governor in 2010. Some of these governors have been criticized for political grandstanding and using the federal stimulus money to score points with fiscal conservatives at a time when the GOP is looking for new national leaders. But while these governors have been rebuked for refusing the federal stimulus dollars to expand unemployment, Congress never expected all the states to tap into this fund. Congress gave states the option, not a requirement, to expand their unemployment systems to include part-time workers. Currently 28 states would have to change their unemployment laws to get the federal dollars, including the six where the governors have balked at taking the funds. Budget experts on Capitol Hill figured only 38 percent of the money would be spent because some states have already debated this issue and opted not to expand their systems while other states might be reluctant to change unemployment benefit eligibility rules for fear of headaches down the road after the stimulus money runs out. But the battles over taking stimulus money may not be over. The next battleground may focus on the U.S. Department of Education’s new rules for states to qualify for the second round of money from the “state fiscal stabilization fund.” That’s the same pot of money that holds $700 million for South Carolina. To get the education funds later this year, governors will have to provide the administration with proof that they are working to boost academic standards and improve teacher performance, according to an April 1 letter Duncan sent to the 50 governors. The question will be whether any governor thinks the requirements are too onerous, or potentially too embarrassing, if the data the state collects show their students are woefully behind. See Related Stories: Rejecting stimulus funds: Pros and Cons (3/27/2009) Govs split over expanding jobless benefits (2/26/2009) Obama, governors try to patch stimulus split (2/23/2009) Tracking the recession: Lowering expectations (2/23/2009) Governors downplay stimulus rift (2/22/2009) Stimulus to ease, not fix, state budget woes (2/14/2009) Governors to track stimulus money (2/10/2009) Sanford fights bailout for states (12/12008) | |
Debt-to-GDP Ratio Concern for G20 Countries Trying to Solve Economic Problems
SUGAR LAND--April 7, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the International Monetary Fund (IMF) (Washington, D.C.), many advanced-economy countries can expect to see their gross domestic product (GDP) contract in 2009. The IMF, for example, has predicted that the United States' GDP will shrink 1.6% to $14.1 trillion this year, compared with $14.33 trillion in 2008. The IMF has predicted similar drops for other advanced and developed economies. The GDP of the U.K., for example, is expected to decline 2.8% this year, while Japan's is expected to fall 2.6%. Overall global growth is expected to be only 0.5% in 2009.
Monday, April 6, 2009
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
By Wendy Koch, USA TODAY Cities and counties are reporting a sharp increase in homeless families as the economic crisis leads to job loss and makes housing unaffordable. In Seattle, 40% more people are living on suburban streets. In Miami, calls from people with eviction notices have quadrupled. "The demand from families with children has increased dramatically," says Robert Hess of New York City's Department of Homeless Services. Each month since September, shelter requests have been at least 20% higher than they were a year ago. The Department of Housing and Urban Development requires a one-day count in January of people living on the street, in shelters or in transitional housing. National figures have not been compiled. Of 56 places where figures were available, 35 reported an increase in homelessness; 12 had a drop. FIND MORE STORIES IN: Boston | Seattle | Phoenix | Los Angeles | Minneapolis | Urban Development |Miami-Dade County | Department of Housing | Hennepin County | Cathy | End Homelessness |Department of Homeless Services | Maricopa Association of Governments | Los Angeles Homeless Services Authority | Broeke | Chicago Alliance | Kevin Finn | Nancy Radner "People who were on the edge can't hold on anymore," says Cathy ten Broeke homelessness project coordinator in Minneapolis and Hennepin County. She says 1,251 families sought emergency shelter last year, up from 1,032 in 2007. • In Chicago, calls to a homelessness prevention hotline were 59% higher in February than a year earlier, says Nancy Radner, head of the Chicago Alliance to End Homelessness. "We're getting requests from people earning more than $30,000 a year, even $65,000. That's unprecedented." • In Los Angeles, 620 families used the winter shelter program this winter, compared with 330 families a year earlier, manager David Martel says. • In the Phoenix area, 230 people in families were living on the street in January; there were 49 a year ago. There were 139 children younger than 18 living on the street on their own, according to the Maricopa Association of Governments. • In Miami-Dade County, the number of people calling for help after getting an eviction notice jumped from 1,000 in 2007 to 4,000 last year, David Raymond of the county's Homeless Trust says. "We've beefed up our prevention efforts," he says, so fewer people become homeless. • In the Seattle area, street homelessness increased 2% overall but 40% in the suburbs, where the number living in cars rose from 229 last year to 339, homelessness project director Bill Block says. Several of the largest cities, including New York and Miami, say their increased efforts to find apartments or shelter beds have meant fewer people living on the street or in their cars. Hess expects more people to need help this year and looks forward to a sharp increase in federal funding: $1.5 billion this summer is intended to help struggling people pay their rent, utilities or security deposits so they don't end up homeless.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sunday, April 5, 2009
BACK ON UNCLE SAM'S PLANTATION
Star Parker - Syndicated Columnist -
Rush Limbaugh
Daniel Patrick Moynihan's identification, in 1965, of the self-destructive roots of the Welfare State was prophetic. Star Parker's new book seizes on this theme, adds her personal sense of "been there and done that" and casts new light on the redemptive power of freedom.
Six years ago I wrote a book called Uncle Sam's Plantation. I wrote the book to tell my own story of what I saw living inside the welfare state and my own transformation out of it.
I said in that book that indeed there are two Americas -- a poor America on socialism and a wealthy America on capitalism.
I talked about government programs like Temporary Assistance for Needy Families (TANF), Job Opportunities and Basic Skills Training (JOBS), Emergency Assistance to Needy Families with Children (EANF), Section 8 Housing, and Food Stamps.
A vast sea of perhaps well-intentioned government programs, all initially set into motion in the 1960s, that were going to lift the nation's poor out of poverty.
A benevolent Uncle Sam welcomed mostly poor black Americans onto the government plantation. Those who accepted the invitation switched mindsets from "How do I take care of myself?" to "What do I have to do to stay on the plantation?"
Instead of solving economic problems, government welfare socialism created monstrous moral and spiritual problems -- the kind of problems that are inevitable when individuals turn responsibility for their lives over to others.
The legacy of American socialism is our blighted inner cities, dysfunctional inner city schools, and broken black families.
Through God's grace, I found my way out. It was then that I understood what freedom meant and how great this country is.
I had the privilege of working on welfare reform in 1996, passed by a Republican Congress and signed 50 percent.
I thought we were on the road to moving socialism out of our poor black communities and replacing it with wealth-producing American capitalism.
But, incredibly, we are going in the opposite direction.
Instead of poor America on socialism becoming more like rich American on capitalism, rich America on capitalism is becoming like poor America on socialism.
Uncle Sam has welcomed our banks onto the plantation and they have said, "Thank you, Suh."
Now, instead of thinking about what creative things need to be done to serve customers....... they are thinking about what they have to tell Massah in order to get their cash.
There is some kind of irony that this is all happening under our first black president on the 200th anniversary of the birthday of Abraham Lincoln .
Worse, socialism seems to be the element of our new young president. And maybe even more troubling, our corporate executives seem happy to move onto the plantation.
In an op-ed on the opinion page of the Washington Post, Mr. Obama is clear that the goal of his trillion dollar spending plan is much more than short term economic stimulus.
"This plan is more than a prescription for short-term spending -- it's a strategy for America's long-term growth and opportunity in areas such as renewable energy, healthcare, and education."
Perhaps more incredibly, Obama seems to think that government taking over an economy is a new idea. Or that massive growth in government can take place "with unprecedented transparency and accountability."
Yes, sir, we heard it from Jimmy Carter when he created the Department of Energy, the Synfuels Corporation, and the Department of Education.
Or how about the Economic Opportunity Act of 1964 -- The War on Poverty -- which President Johnson said "...does not merely expand old programs or improve what is already being done. It charts a new course. It strikes at the causes, not just the consequences of poverty."
Trillions of dollars later, black poverty is the same. But black families are not, with triple the incidence of single-parent homes and out-of-wedlock births.
It's not complicated. Americans can accept Barack Obama 's invitation to move onto the plantation. Or they can choose personal responsibility and freedom.
Does anyone really need to think about what the choice should be?
Rush Limbaugh
Daniel Patrick Moynihan's identification, in 1965, of the self-destructive roots of the Welfare State was prophetic. Star Parker's new book seizes on this theme, adds her personal sense of "been there and done that" and casts new light on the redemptive power of freedom.
Six years ago I wrote a book called Uncle Sam's Plantation. I wrote the book to tell my own story of what I saw living inside the welfare state and my own transformation out of it.
I said in that book that indeed there are two Americas -- a poor America on socialism and a wealthy America on capitalism.
I talked about government programs like Temporary Assistance for Needy Families (TANF), Job Opportunities and Basic Skills Training (JOBS), Emergency Assistance to Needy Families with Children (EANF), Section 8 Housing, and Food Stamps.
A vast sea of perhaps well-intentioned government programs, all initially set into motion in the 1960s, that were going to lift the nation's poor out of poverty.
A benevolent Uncle Sam welcomed mostly poor black Americans onto the government plantation. Those who accepted the invitation switched mindsets from "How do I take care of myself?" to "What do I have to do to stay on the plantation?"
Instead of solving economic problems, government welfare socialism created monstrous moral and spiritual problems -- the kind of problems that are inevitable when individuals turn responsibility for their lives over to others.
The legacy of American socialism is our blighted inner cities, dysfunctional inner city schools, and broken black families.
Through God's grace, I found my way out. It was then that I understood what freedom meant and how great this country is.
I had the privilege of working on welfare reform in 1996, passed by a Republican Congress and signed 50 percent.
I thought we were on the road to moving socialism out of our poor black communities and replacing it with wealth-producing American capitalism.
But, incredibly, we are going in the opposite direction.
Instead of poor America on socialism becoming more like rich American on capitalism, rich America on capitalism is becoming like poor America on socialism.
Uncle Sam has welcomed our banks onto the plantation and they have said, "Thank you, Suh."
Now, instead of thinking about what creative things need to be done to serve customers....... they are thinking about what they have to tell Massah in order to get their cash.
There is some kind of irony that this is all happening under our first black president on the 200th anniversary of the birthday of Abraham Lincoln .
Worse, socialism seems to be the element of our new young president. And maybe even more troubling, our corporate executives seem happy to move onto the plantation.
In an op-ed on the opinion page of the Washington Post, Mr. Obama is clear that the goal of his trillion dollar spending plan is much more than short term economic stimulus.
"This plan is more than a prescription for short-term spending -- it's a strategy for America's long-term growth and opportunity in areas such as renewable energy, healthcare, and education."
Perhaps more incredibly, Obama seems to think that government taking over an economy is a new idea. Or that massive growth in government can take place "with unprecedented transparency and accountability."
Yes, sir, we heard it from Jimmy Carter when he created the Department of Energy, the Synfuels Corporation, and the Department of Education.
Or how about the Economic Opportunity Act of 1964 -- The War on Poverty -- which President Johnson said "...does not merely expand old programs or improve what is already being done. It charts a new course. It strikes at the causes, not just the consequences of poverty."
Trillions of dollars later, black poverty is the same. But black families are not, with triple the incidence of single-parent homes and out-of-wedlock births.
It's not complicated. Americans can accept Barack Obama 's invitation to move onto the plantation. Or they can choose personal responsibility and freedom.
Does anyone really need to think about what the choice should be?
Saturday, April 4, 2009
Friday, April 3, 2009
ITS OFFICIAL THE BUDGET IS OBAMA'S!!!
April 3, 2009
Budgets Approved, With No G.O.P. Votes
By CARL HULSE
WASHINGTON — The House and Senate approved budgets of about $3.5 trillion for the government on Thursday with no Republican support, a sign of deep partisan tensions likely to color Congressional efforts to enact major policy initiatives sought by President Obama.
On the heels of House approval of its spending plan for 2010, the Senate voted 55 to 43 shortly before midnight to adopt a similar budget after a day spent laboring over politically tinged amendments that did little to change a fiscal blueprint generally in keeping with Mr. Obama’s ambitious agenda.
Democrats said the two budgets, which will have to be reconciled after a two-week Congressional recess, cleared the way for health care, energy and education overhauls pushed by the new president. The Democrats said the budgets reversed what they portrayed as the failed economic approach of the Bush administration and Republican-led Congresses.
“This responsible budget will start cleaning up the mistakes of the past and make critical investments in our future,” Senator Harry Reid, Democrat of Nevada and the majority leader, said.
Speaker Nancy Pelosi of California said Democrats would like to find consensus with Republicans, but not at the expense of the infusion of federal money that the majority calls crucial in a time of economic distress.
“The American people want us to find our common ground where we can, but they did not send us here to split the difference,” Ms. Pelosi said. “They want real change, and we have come here to make a difference.”
House Republicans, who offered budget alternatives featuring a domestic spending freeze and broad tax cuts, accused Democrats of encouraging runaway spending that would bloat the government, worsen the economy and pile government debt on future generations.
“Let’s not do this to our kids,” said Representative Mike Pence of Indiana, the No.3 Republican in the House. “Let’s not borrow from the next generation of Americans.”
But House Democrats easily defeated Republican alternatives and won backing for their budget from all segments of their party, from conservative Blue Dogs to urban liberals. The 233-to-196 vote, though hardly overwhelming, actually reflected a strong show of Democratic support for the budget, since it often barely passes. It was the first time in a dozen years that a budget had received more than 230 votes. Twenty House Democrats opposed the budget; two Senate Democrats did.
The chief Republican alternative, officially supported by the party leadership, was defeated 293 to 137, with 38 Republicans opposing it.
The total lack of Republican backing for the Democratic plans was reminiscent of the House vote this year on the $787 billion economic stimulus program. But the budget’s approval was nonetheless viewed as a victory for the new White House, particularly because most moderate and conservative Democrats went along with the president’s push for more spending.
In the Senate, where lawmakers engaged in their annual “vote-a-rama,” discarding or approving piles of amendments, Democrats easily defeated an alternative offered by Senator John McCain of Arizona and a handful of fellow Republicans that would have essentially frozen federal spending except for the military.
“We are just going on as if it were business as usual,” said Mr. McCain, asserting that no family in America was increasing spending, while the federal government was. “We can,” he said, “because we print money.”
Among the amendments that won Senate approval was a bipartisan proposal that would raise the estate tax exemption by $1.5 million, to a total of $5 million, and reduce the tax’s maximum rate by 10 percentage points, to 35 percent.
Both the House and Senate budgets pared spending from the president’s initial request and made other adjustments intended to reduce the annual deficit to less than $600 billion within five years, about half the $1.2 trillion projected for the 2010 fiscal year, which begins Oct. 1.
Democrats acknowledged that the 2010 figure was not to their liking, but said that a recession was no time to slow federal spending.
“It is still way too high,” said the House majority leader, Representative Steny H. Hoyer of Maryland. “But to try to tamp down spending makes no sense when the economy is still struggling. We need the infusion of investment.”
Both houses’ budgets provide an avenue for Congress to pursue a broad new national health care policy, a climate change bill and alterations in education law as long as the committees responsible for those issues find a way to keep the programs from adding to the deficit. The budgets would also allow the expiration of Bush-era tax cuts for more affluent Americans but continue those benefiting the middle class.
Budgets by their nature are partisan documents, amounting to a party’s statement of ideological goals, expressed through spending on federal programs. But at least in the Senate, they can occasionally win some backing from the opposition party. That no House or Senate Republican joined Democrats and that Republicans heaped such tough criticism on the spending proposals made clear that enacting the various overhaul bills would be difficult.
The unanimous Republican opposition could also spur Democrats to be more aggressive about including in the final budget a fast-track procedural maneuver that would protect health care and education legislation from Senate Republican filibusters. The House plan allows for the fast-track process, while the Senate version does not. But top Democratic officials said Thursday that they expected it to be part of the joint House-Senate budget, a prospect that could worsen the partisan warfare.
Subscribe to:
Posts (Atom)

