Arkansas City will not be the focus now, but we can still talk about the town. For now the blog is a blog in search of an identity. Considering what the new niche will be.
Wednesday, November 3, 2010
The votes are in
Here are Cowley County vote results from Tuesday's election.
Looks like a pretty high turnout, around 10,000 ...
jj, what ever they do can still be vetoed by B.O. But in case you don't get it you can't spend yourself out of debt. If the pres wants to work with the peoples reps, than something can and will be done to get this nation back on track and put people back to work.
That sounds like a way to blame Obama for their failures already. Man oh man....he can't win at all. You are right. He should have allowed the car companies to close, the banks to close and we would have been in better shape right? No jobs, no place to borrow money? We would all be in better shape....Just sayin...
That could be. But I see it more as an excuse for their own lack of accomplishments. Bush and Company used that excuse for not getting things done that they promised. Even when they had the house and senate too.
I can only hope that the last two years (4 if you count the last two of Bush's term when the Democrats had the majority) have shown people what happens to this country when Democrats are allowed to reign unchallenged. They head toward socialism as fast as they can. The fact that America smacked them down for it last night will not matter to them in another 2 years. The only way to make sure that last two years never happens again is to never again vote Democrats in office. I hope to see a third party (libertarian?) grow large enough to challenge the Democrats' place in the scheme of things.
He should have allowed the car companies to close, the banks to close and we would have been in better shape right?
Well GM said they (Gov.) couldn't let them go under cause they woud go Bankrupt!
So, they BAILED THEM OUT! Took Government Tax dollars and gave them to the unions (UAW)! (To pay off money owed them by GM.)
The Government took controlling interest in the stock of the Company (60%) - then GM filed Bankruptcy ANYWAY - and the Bond holders and stockholders were the BIG LOSERS!
The UAW didn't save the election for the Democrats - but they no doubt TRIED!
GM lost MARKET SHARE BECAUSE PEOPLE BOUGHT FOREIGN BRANDS LIKE TOYOTA! (The new #1)
WHO WAS REALLY TO BLAME!
Who got rewarded and who got punished? A lot of investors some who were older and in the stock market because they couldn't make any money in the safe investments like BANKS!
You know those people with money (even from a life of savings) are the enemy!
AND
Those Banks weren't the real issue it was the money from foreign investors like Europe, China etc. (around the world) who got bailed out - paid off for the junk U.S. banks peddled as PRIME INVESTMENTS!
Probably avoided WWIII!
Btw: China owns something like 30% of Freddie and Fannie! Just in case you were wondering why that can't be easily resolved!
By 2013, the total U.S. federal debt will total 76% of GDP if Congress remains gridlocked, and digging out at that point will be unimaginably painful.
In this week's elections, voters clearly voiced their frustration with the explosion in government spending, deficits and debt. Americans recognize that when the outgoing dollars exceed those coming in by 63%––the actual number in the fiscal 2010 budget––it's the same reckless behavior as if they paid for rent and groceries by running up gigantic credit card bills certain to destroy them in the future.
Yet it's highly possible, even probable, that Congress and the White House will succumb to gridlock and do nothing in the next two years to narrow the gigantic gap between outlays and revenues.
That's a formula for disaster. The numbers are so dangerous that President Obama and the new Congress need to act immediately and decisively, for two compelling reasons. First, delaying a budget overhaul for a couple of years would allow our already lofty debt to rise to perilously high levels. Chopping the extra borrowings that would accumulate during the do-nothing period back to today's totals would require either tax increases or spending cuts far more painful than the already wrenching adjustments required today.
Second, the failure to confront the debt problem right now greatly raises the risk of a fiscal crisis that would make borrowing far more expensive for the U.S. government. The sharp increase in interest payments would deepen the budget hole, forcing an era of austerity, led by reductions in benefits, that's virtually unimaginable today. "If we don't take immediate action, we're facing a super sub-prime debt problem with dramatic effects on interest rates and the value of the dollar," warns David Walker, chief of the Peter G. Peterson Foundation, a think-tank that specializes in budget issues. "We risk losing control of our destiny."
Do you just hear that both sides are drawing lines and defending their TURF! >> This is what I think is happening. I dont see either side learning from the election. I dont think the election was a huge mandate for pubs as they claim, nor was it approval of the dems. BUT I am not hung up on this thing of too much power being in washington. If power were returned to the states, i doubt it would be any different. (We tried that states rights thing 150 years ago and it didnt work out too well.) The problem is the polarization of society. There seems to be a total lack of willingness to work together. I think that is the real problem.
Americans still struggling "We've now seen four months of private-sector job growth above 100,000, which is the first time we've seen this kind of increase in over four years," he said. "That's not good enough. The unemployment rate is still high, and we've
While the report was a generally positive sign, the job market is still very fragile. The labor market needs about 150,000 jobs per month just to keep pace with population growth, and at least 300,000 per month to make a dent in unemployment, Bronars said.
Unemployment is likely to remain high for some time. The rate doesn't include 1.2 million discouraged workers who've stopped looking for a job.
"There are still a lot of people who have stopped looking for work because there weren't as many hires, and as they come back in, it's going to keep that unemployment rate high for a while," Bronars said.
The number of Americans who are involuntarily working part-time, fell to 9.2 million in October but still remains just shy of record highs. This category includes workers who are stuck in part-time jobs because either their hours have been cut or they can't find full-time work.
The so-called underemployment rate, which counts both discouraged workers and involuntarily part-time workers, slipped to 17% from 17.1% in September. That means more than one in six adults are still without the job they want or need.
Way to go patriots, come on 2012 the rest will go then!
ReplyDeleteAmen, brother!
ReplyDeleteThey need to actually something.
ReplyDeleteOther than just try to win an election :)
Now that they are in, lets see what (if anything) they do.
jj, what ever they do can still be vetoed by B.O. But in case you don't get it you can't spend yourself out of debt. If the pres wants to work with the peoples reps, than something can and will be done to get this nation back on track and put people back to work.
ReplyDeleteThat sounds like a way to blame Obama for their failures already. Man oh man....he can't win at all. You are right. He should have allowed the car companies to close, the banks to close and we would have been in better shape right? No jobs, no place to borrow money? We would all be in better shape....Just sayin...
ReplyDeleteThat could be. But I see it more as an excuse for their own lack of accomplishments.
ReplyDeleteBush and Company used that excuse for not getting things done that they promised.
Even when they had the house and senate too.
I can only hope that the last two years (4 if you count the last two of Bush's term when the Democrats had the majority) have shown people what happens to this country when Democrats are allowed to reign unchallenged. They head toward socialism as fast as they can. The fact that America smacked them down for it last night will not matter to them in another 2 years. The only way to make sure that last two years never happens again is to never again vote Democrats in office. I hope to see a third party (libertarian?) grow large enough to challenge the Democrats' place in the scheme of things.
ReplyDeleteHe should have allowed the car companies to close, the banks to close and we would have been in better shape right?
ReplyDeleteWell GM said they (Gov.) couldn't let them go under cause they woud go Bankrupt!
So, they BAILED THEM OUT! Took Government Tax dollars and gave them to the unions (UAW)!
(To pay off money owed them by GM.)
The Government took controlling interest in the stock of the Company (60%) - then GM filed Bankruptcy ANYWAY - and the Bond holders and stockholders were the BIG LOSERS!
The UAW didn't save the election for the Democrats - but they no doubt TRIED!
GM lost MARKET SHARE BECAUSE PEOPLE BOUGHT FOREIGN BRANDS LIKE TOYOTA! (The new #1)
WHO WAS REALLY TO BLAME!
Who got rewarded and who got punished? A lot of investors some who were older and in the stock market because they couldn't make any money in the safe investments like BANKS!
You know those people with money (even from a life of savings) are the enemy!
AND
Those Banks weren't the real issue it was the money from foreign investors like Europe, China etc. (around the world) who got bailed out - paid off for the junk U.S. banks peddled as PRIME INVESTMENTS!
Probably avoided WWIII!
Btw: China owns something like 30% of Freddie and Fannie! Just in case you were wondering why that can't be easily resolved!
From CNN/Fortune Today:
ReplyDeleteBy 2013, the total U.S. federal debt will total 76% of GDP if Congress remains gridlocked, and digging out at that point will be unimaginably painful.
In this week's elections, voters clearly voiced their frustration with the explosion in government spending, deficits and debt. Americans recognize that when the outgoing dollars exceed those coming in by 63%––the actual number in the fiscal 2010 budget––it's the same reckless behavior as if they paid for rent and groceries by running up gigantic credit card bills certain to destroy them in the future.
Yet it's highly possible, even probable, that Congress and the White House will succumb to gridlock and do nothing in the next two years to narrow the gigantic gap between outlays and revenues.
That's a formula for disaster. The numbers are so dangerous that President Obama and the new Congress need to act immediately and decisively, for two compelling reasons. First, delaying a budget overhaul for a couple of years would allow our already lofty debt to rise to perilously high levels. Chopping the extra borrowings that would accumulate during the do-nothing period back to today's totals would require either tax increases or spending cuts far more painful than the already wrenching adjustments required today.
Second, the failure to confront the debt problem right now greatly raises the risk of a fiscal crisis that would make borrowing far more expensive for the U.S. government. The sharp increase in interest payments would deepen the budget hole, forcing an era of austerity, led by reductions in benefits, that's virtually unimaginable today. "If we don't take immediate action, we're facing a super sub-prime debt problem with dramatic effects on interest rates and the value of the dollar," warns David Walker, chief of the Peter G. Peterson Foundation, a think-tank that specializes in budget issues. "We risk losing control of our destiny."
Put simply, America can't afford to do nothing.
---------
You will have to read the rest!
http://online.wsj.com/article/SB10001424052748703805704575593970264417474.html?mod=WSJ_hp_LEADNewsCollection
ReplyDeleteWell JJ,
ReplyDeleteWhen you read the news:
Do you here anything about a willingness to re-organize or re-invent the Government?
or
Do you just hear that both sides are drawing lines and defending their TURF!
Ex. If you read the rest of the CNN/Fortune article it was clear that one of Europe's answers was the VAT tax! Which Republicans oppose and so do I!
But do you hear anything remotely close to people searching for REAL answers?
Like a "Fair Tax" which is a consumer based tax that would reflect the actual change in our Society?
But that would require REAL CHANGE like restructuring or abolishing the IRS!
In the end if Gridlock continues THE GOVERMENT WILL HAVE TO MAKE THE DECISIONS (even the ones you should make yourself) if you let them!
Its pretty evident that TOO MUCH POWER IS CENTERED IN WASHINGTON!
Do you just hear that both sides are drawing lines and defending their TURF!
ReplyDelete>>
This is what I think is happening. I dont see either side learning from the election. I dont think the election was a huge mandate for pubs as they claim, nor was it approval of the dems.
BUT
I am not hung up on this thing of too much power being in washington. If power were returned to the states, i doubt it would be any different.
(We tried that states rights thing 150 years ago and it didnt work out too well.)
The problem is the polarization of society. There seems to be a total lack of willingness to work together. I think that is the real problem.
From CNN: October Hiring Report Article
ReplyDeleteAmericans still struggling
"We've now seen four months of private-sector job growth above 100,000, which is the first time we've seen this kind of increase in over four years," he said. "That's not good enough. The unemployment rate is still high, and we've
While the report was a generally positive sign, the job market is still very fragile. The labor market needs about 150,000 jobs per month just to keep pace with population growth, and at least 300,000 per month to make a dent in unemployment, Bronars said.
Unemployment is likely to remain high for some time. The rate doesn't include 1.2 million discouraged workers who've stopped looking for a job.
"There are still a lot of people who have stopped looking for work because there weren't as many hires, and as they come back in, it's going to keep that unemployment rate high for a while," Bronars said.
The number of Americans who are involuntarily working part-time, fell to 9.2 million in October but still remains just shy of record highs. This category includes workers who are stuck in part-time jobs because either their hours have been cut or they can't find full-time work.
The so-called underemployment rate, which counts both discouraged workers and involuntarily part-time workers, slipped to 17% from 17.1% in September. That means more than one in six adults are still without the job they want or need.