Mike P's Angry News!

Healthcare Reform

2010-03-21T10:19:00.000-07:00

So after years of Democrats and Republicans fighting over what to do about health care, it finally appears something will happen. Liberals are probably upset because it doesn't promise everything in the world to everyone in the world. Republicans are upset because they see government expansion. That said, government has to step into certain situations. Capitalism does not lead to a free market, it leads to monopolies. Sometimes the government has to break up these monopolies to ensure its citizens are not taken advantage of. Healthcare is out of control. The costs continue to rise at record pace. Something needed to be done to regulate these costs. Some people see this bill as a handout to those who don't contribute to this society; however, I have seen the healthcare issue from another angle. It is understandable why insurance companies don't want to have clients with preexisting conditions and would charge extra for their care. But these are the people who need healthcare the most. The cost of healthcare becomes so high that it is cheaper to not work and go on medicare. This seems like a counter productive system to me. Now the person can not work or contribute to society and the bill gets put back on the American public. Yes, there is a system to catch people in trouble, but it is hardly ideal. In addition, my health insurance bill was not paid by my employer. I received no notice of its cancellation and found out when I was denied coverage in person. As an individual who has no union to protect me, what can I possibly do without putting my job at risk? It sounds like I have a legitimate beef with my employer, but as the law stands there is no contract stating that he has to pay my health insurance. The laws in this country favor employers over employees, plain and simple. Capitalism 101. This new bill will change the employers obligation to healthcare. And to any business owners who are saying it is not your responsibility to provide healthcare, I run my own business as well so I know all of the tax tricks that you get away with writing off everything you can. That includes healthcare. If you can't pay your employees do it yourself or sell the business.

I can't say that I am happy with the way the government has functioned this past year. I don't agree with the methods in which this bill being passed. It angers me to the core that Republicans and Democrats are more interested in campaigning for future elections rather than doing their jobs. By passing this bill maybe some people will lose their jobs, but the American people voted for this when they elected a Democratic congress and President. The new healthcare bill may not be ideal, but at least the American people finally got what they were voting for. Now all of the republicans can get voted back into office before the democrats try to take their guns away!

Economy has recovered, by firing everyone!

2009-10-25T19:18:00.000-07:00

I'm pretty sure it wouldn't have mattered who was president this past year. It could have been McCain or the fat pill head Limbaugh. It could have been Al Franken. So don't think I credit Obama with turning the economy around. But the Fortune 500 have officially bounced back to where we were before the recession. How did they do it? By firing a whole bunch of people. We talk of health care reform. But the problem is that if we reform health care, people mooching off the system would lose their jobs. How dare we try to make things more simple to reduce costs? Some people are making a living pushing a paper over a desk with a signature and getting paid way too much to do it. But hey everyone has to get paid. The problem is that just like matter or energy that cannot be destroyed, only changed in form, economic issues cannot be eliminated, just refocused. If America is not producing goods for export, the increasing population cannot possibly support economic growth. Rather, it will mean America will no longer be the super power it once was. This can be avoided. We could go blow up a country with natural resources to exploit. Canada seems like a good target. They wouldn't expect it. Plus they have land we could dig up that isn't protected by Teddy Roosevelt. And we could also air drop lots of free crap into Mexico infected with various plagues to thin out the population. Or we can accept that America isn't the young country that it once was. The opportunities are still there, but there is more competition for them.

Overall I think that jobs will start coming back soon. Companies have recovered their stock value and can now start returning to normal business practices. People will get hired. Demand will rise. Production will rise. More people will get hired. Advertising budgets will go up. Sales will increase. And thus the cycle will repeat itself until it gets to big again. What I have written above can be used to describe everything before or in the future. So I won't be writing much anymore. I will only write to say I am happy to hear that Rush Fattybaugh won't be trying to turn every NFL player on his team into a oxy junkie. Punta.

Who Should We Fight?

2009-06-15T11:18:00.000-07:00

For years American soldiers have been fighting in Afghanistan and Iraq under the premise that there are terrorists and weapons of mass destruction. But if that is true, why the hell haven't we bombed North Korea and Iran back into the stone age? Pakistan has terrorist running all around and they have nuclear weapons. Wouldn't it make more sense to send troops there? No. Pakistan won't allow it, not to mention it would make relations awkward with India. People keep trying to tell me that we found things that weren't supposed to be in Iraq and that it legitimizes our invasion. But I am sure if you tore through our entire country people would have some pretty messed up stuff hidden as well. The fact is the US made Saddam Hussein who he was. We made him because of a growing danger in Iran. Yet now Iran is dangerously close to having its own nuclear weapons and North Korea is blowing stuff up underground and threatening nuclear war. Our efforts to protect America from terrorists have left us in a more precarious situation than we were in before. We have allowed two nations to reach an unacceptable level of threat. We have soldiers in over 160 different countries, yet we are closing bases here at home. It is not America's duty to be world police. Trying to do so is weakening the country from the inside out. There is far more danger to our country from Iran and North Korea than Iraq or Afghanistan. However, what actions can be taken? South Korea would not support a first strike on the North, but it will be too late if the North strikes first. Iraq and Afghanistan would be destabilized if actions were taken against Iran. So what is the answer? Talk a bunch of crap and do nothing basically. It seems political posturing is more important than actions. But at some point our inability to do anything to stop these countries from developing nuclear weapons will boil over into larger problems and an even greater terrorism threat. What has the war in Iraq or Afghanistan done? Nothing really. Terrorists will never try to hijack a plane and use it as a flying bomb again. Passengers will fight back. Iraq didn't have the weapons that were alleged, yet Iran developed their own while we were visiting next door. In the end, the US isn't any safer than before. In fact, we have only pissed off more people and encouraged them to do more damage. This is why I like dogs. Normally they listen, but if they don't I have no problem putting them in time-out. End of line...

Has the Market Really Bottomed Out?

2009-04-16T11:21:00.000-07:00

If one takes a look at the overall performance of the market, the recent low in the market was roughly equal to the low point of the recession of 2001-2002. This could be a signal that the market has reached its bottom and may turn upward. Other numbers such as the unemployment rate suggest that we are still in a recession; however, much like the seasons there is a time lag for economic recovery. Hopefully we have reached the natural bottom of our market and can begin to rebuild our economy. It will take at least a year before consumer confidence will be restored. An interesting question to ask is if this truly is the bottom of the market, isn't it a great time to invest. Obviously there is risk. The market could plunge to levels before the 90's which would be a disaster. However, the possible reward if the market returned to its previous high would be outstanding. I'd also like to point out that I don't believe any of the "bailouts" were responsible for stopping the downward turn in our economy. I believe we hit the low point naturally due to balance. So we'll see if I'm right in a year and I'll write another article that declares me a prophet! If I'm wrong no one will remember and I will prove my status as a no talent ass clown:)

The Challenges of Obama's New Administration

2009-03-19T07:55:00.000-07:00

The Obama administration hit the ground running attacking the issues he promised to address in his campaign. His policies have been ambitious and wide ranging. He has promoted stem cell research, changed military policy honoring those who have died and returned to Dover, shut down the unconstitutional prison at Gitmo and ceased cross state raids into states that support medical marijuana. I agree with all of these policies and each could support a full article on their own. Obama has also passed a stimulus plan, that included many of the things the American people wanted, but failed to stop financial institutions from taking advantage of bail out funds. But those who don't support Obama would like to blame everything that is happening now squarely on him. Rush Limbaugh has been the most outspoken critic; however, he is so biased that his opinion is only hurting his cause. He publicly stated that he wants the Obama administration to fail, after telling people they should forget about Al Gore winning an election that Bush stole and support their president. Rush Limbaugh called Americans "angry peasants" rising up in regards to AIG bonuses and our government "communists" for threatening to tax those bonuses. Rush can keep alienating the American population all he wants. He can also hide in his windowless studio sucking back pain pills and pretending he has a finger on the pulse of America. He is a lost and very sad man driven by his sponsors without any sense of who he is because he will always be in the closet. I support Obama's attempts to bring America's government back to the people. I believe the programs that will build a new infrastructure for this country are vital to our recovery. I disagree with bailing out failed businesses. AIG should have been broken up just like they did with WaMu. The AIG business model failed and should not be supported.
In addition to battling greedy business people and moronic talk radio show hosts, Obama's administration has much more pressing problems in the world theater. Afghanistan is becoming a larger problem on a daily basis, and it is a conflict that has no foreseeable resolution. Russia has bribed neighboring countries to shut down American bases and terminate our leases. Essentially forcing us to deal with the Russins themselves. In addition, Russia has publicly stated that they are going to undergo a massive rearming. North Korea has joined in by reopening their nuclear program and threatening to test launch advanced missles. Iran was quick to test Obama as well and just had a spy drone shot down over Iraq. Iran has been testing missles and reportedly has the materials to make a nuclear bomb. These are the most important tasks for Obama. This is his true job. Bin Laden is still out there and recently called for the overthrow of the Somalian president. My biggest crticism of Obama at this point is that he may be biting off more than he can chew all at once. I truly hope that we as a nation can overcome the challenges that are here and on the horizon.

Release the Hounds!

2009-02-18T13:31:00.001-08:00

Officials in California have ordered that the prison system reduce its population by 58,000 inmates over the next few years. Of course, the governator Arnold protests this move because of the danger being released back onto the streets. That said, Arnold has been crying about the economic problems in California ever since he took office and he has only allowed things to get worse. The California prison system has an estimated 175,000 inmates. It costs the state about $35,000 per year to take care of each one of these prisoners. So lets forget about the overcrowding and health issues to the prisoners. Instead lets do the math. 58,000 less prisoners would decrease state spending by over 2 billion dollars. Instead, Arnold is going to cut state workers to save that money. Lets see how he explains his rationalization for keeping a pot dealer in prison rather than paying the police officer on the street. I'm not saying that releasing a bunch of murderers is a good idea, but if you can save thousands of jobs by letting a few petty criminals go, suck it up and do it. California is such a joke. Only there can an illegal immigrant get a freaking driving license. No offense, as soon as an illegal immigrant came through a government door they should get shipped right back over the border. California sucks. Say what you will about Philly, but the national average is 1 in about 650 homes are being foreclosed on nationwide. That number is about 1 in every 1100 homes in the Philadelphia region. Califonians and New Yorkers are transient populations. They come and go with no sense of pride or community. But people from Philly tend to stay here. We have pride in our home. So we may act like assholes with attitudes, but that is just because we are better than everybody else. Philly rules, the governator is a joke. I think we should send all prisoners to California. We'll make it just like Australia for the Brits. We'll keep the nice parts of North Cali. Let the criminals have LA and the desert! Actually, we can give away most of Texas as well. I just have to figure out how to move the entire city of Austin to a cooler state. P rules!

Congrats Washington, Now Everyone Wants A Bailout!

2009-01-08T09:14:00.000-08:00

Larry Flynt (the publisher of Hustler) and Steve Francis (the creator of Girls Gone Wild) are asking Washington for a 5 Billion dollar bailout for the porn industry. Awesome. They claim that the slumping economy has reduced DVD sales. I'm sorry dirt bags, people aren't buying your DVDs because they can get all the porn they want online, on demand and they can do so privately. The music industry had to adapt, so should porn. Steve Francis should not be granted this kind of publicity or have an audience with congress after seducing underage girls with drugs and alcohol. I mean, if you have all that money, don't you think you might hold yourself to a higher standard. This guy shoots crappy video of girls dancing and masterbating. It doesn't even qualify as a porno because typically they at least have some plot. Pornos have characters like the candy striper chick and the pizza delivery guy. Even magazines tell you a story or let you know what the girls likes or something. Girls Gone Wild sucks. Washington needs to put an end to the parade of industries seeking bailouts. Handing money to failed businesses is not capitalism and its not communism or socialism either, its stupidity. Larry Flynt should be happy he made as much money as he has. If you want to help out of work porn stars, start an escort service. Its not like the industry has a plan. There is only so much you can do with the penis and vagina and I'm pretty sure that all the possibilities have been explored and filmed. So why do we need to spend 5 billion dollars to hear a girl fake an orgasm. Not to mention porn is cruel. At first you have a girl sitting by herself. She starts to play downstairs and she becomes your girlfriend for a minute. Then some cable guy comes in and fucks your girlfriend.

Who Throws A Shoe?

2008-12-15T20:52:00.000-08:00

I am no longer angry, so I haven't been writing. Today I don't write out of anger. Today I write because I watched George Bush dodge a shoe. When I heard about it I had this vision of a shoe flying slow motion towards W. But no, this guy fired this thing at him pretty fast. I'm impressed with how quickly he moved and popped back up. Pretty athletic that W. Evidently throwing shoes is a form of great disrespect in Iraq. All I know is if someone throws a shoe at me he is gonna eat a brick rocket in return. From now on all conferences should be held Japanese style...no shoes! Break out your stank ass feet and breathe the goodness. I'll tell you one thing, I'd rather get hit with one of my shoes than get a nose full of one of my socks. My feet smell like a fat girls thong after eating a clove of garlic and a cardio workout. You want a form of torture, people will tell you everything after getting a face full of that. Did this guy have anything else to throw? Maybe a watch? Cell? Stress ball? Did this guy spend time throwing his shoes at a target? I think I am going to create an infomercial workout video in which ninjas demonstrate proper shoe tossing techniques. Personally I'd like to see a shoe toss that curves upwards to kick a guy in the junk from a distance. I am a black belt in the art of the low blow. I bust balls.

Automakers Failed to Get 25 Billion, Now They Want 36 Billion!

2008-12-05T11:11:00.001-08:00

I love how government works. When the bail out bill failed, it was restructured with a bunch of lame incentives and renamed the "rescue" bill. Of course, the new bill which was significantly worse passed. Now US automakers hope to cash in on the same move. Originally automakers flew in on private jets and presented a half assed business plan that just asked for a 25 billion dollars with little explanation of how that money would be spent. Congress turned them away and told them to come back with a plan detailing the use of the funds. Now the automakers have returned to Washington without their private jets but want 36 billion dollars. What a joke. Ford already said that they can survive without a loan as long as the recession doesn't last more than 3 years. So Ford seems OK. That leaves the geniuses at GM looking like the real morons they are. GM used to be the symbol for American quality. Now they are the laughing stock of the auto industry. Instead of pushing new cars with potential such as the Chevy Volt and Camaro, GM has tried to push massive Hybrid versions of gas guzzling trucks like the Escalade and a new convertible version of the $100,000 Hummer. Great business plan guys. GM deserves to suffer. Why should the American people foot the bill for GM's pajama party with oil companies? While I disagreed with the bail out bill, bailing out the auto companies is even worse. If America is supposed to stand for capitalism than giving handouts to failed businesses is counter productive. Let a new enterpreneur start a new company with a business model appropriate for the challenges that lie ahead. Until I see a Hybrid Camaro or can buy (not lease) a Volt, GM can go ahead and close up shop. Somebody build a freaking sporty hybrid please! Even if Toyota would just make one that looked cool I'd be all over it. For now I'm buying an electric scooter and putting turn signals on it. Either that or my left middle finger pointing left signals a left turn. My left middle finger pointing straight up means I'm turing right, in addition to telling whoever is in back of me to F-off.

Admitting When You are Wrong

2008-11-29T12:23:00.000-08:00

I had a great discussion on Thanksgiving with an economist regarding the recent market crash and rescue bill. Originally I had assumed that because of the massive influx of new money that inflation was going to skyrocket. What I did not count on was that the rest of the world was so heavily invested in the United States that when we crashed so did they. It really demonstrates that we have created at least a form of a world economy. While the people and goods don't move freely, money can. The credit crisis resulted because of a stop in this flow of money. It didn't just cripple Wall Street, it crashed markets everywhere. I had originally blamed Bush for doing this intentionally to raise the price of oil. In the long run prices will go back up, but for now the slow down in the economy has been enough to lower demand for oil. Now if we can get some of those alternative fuels and fuel efficient technologies growing we can put an even bigger dent in that demand. Here is an idea for anyone working for an American car company, write a business plan on how you are going to create the fuel efficient cars we want and you will get your government handout. If Tesla can build a roadster that can go 0-60 in 3.9 running on computer batteries, American car manufacturers can build one that can go 0-60 in 6 seconds and look like an attractive car (not like the bitch ass Toyotas or Hondas). At least Ford has the Escape. The Escalade Hybrid doesn't count GM. That thing still eats more gas than a regular car. Stop playing social games with oil companies and develop the cars we want. Stop adding more horsepower to every engine and add fuel economy. For years car companies have been able to harness more and more power from a drop of fuel, but instead of using this to increase efficiency, now we have 4 cylinder cars with over 200 horsepower. If you take away the horsepower and increase the fuel economy the same car could probably get 60 miles to a gallon with a little over 100 horsepower. GM needs to admit they were wrong for scraping EV-1 electric car programs in favor of snuggling up with Hummer a decade ago. Where is the Volt? GM is going to go bankrupt before you ever release it. Thanks for not pushing the Camaro to market either. GM has to be the slowest changing corporation in the world. The Challenger is out and the new Mustang has been out for a couple of years. GM keeps putting the Camaro in movies and giving them away to celebrities (Hamels got one after the World Series). How about getting the car to the consumer you morons. I kind of hope GM fails. I say this because it will open up the market for a new American car manufacturer that will take us into the future rather than hold us in the past. Here is an idea guys, make a hybrid Camaro. I will buy that. How about Ford? Can you guys make a hybrid Mustang Convertible? Until the car companies come up with some plans like these, not one cent of tax payer money should be wasted on these corporate relics.

America Demands Change

2008-11-06T09:59:00.000-08:00

The 2008 vote is over and the American people have spoken loud and clear. We need change. I was impressed by John McCain's speech. The real John McCain returned and I am happy about that because he is an important figure in American politics. But America has been going the wrong way for a long time and we needed to change course. We cannot continue to fight two wars while big corporations ship jobs overseas. Our economy was in recession before the financial crisis, but no one would admit it. I predicted the market would crash as early as March. Maybe the red states haven't felt the pinch, but my home town of Philadelphia has seen a decline of nearly 10%. Other big cities feel the same pain. While farmers might not think these problems affect them, who do they think uses the products they produce? America must restore the middle class. This election wasn't about handouts to lazy people, this election was about rewarding those who go to work for 40 hours rather than collecting on investments that produce profits by cutting domestic jobs. This election is a challenge to the oil companies that they will not rule the people forever using money and fear. This election is a challenge to health care providers that would abandon those who need coverage the most. Not all people who have preconditions can help it. Cancer isn't something that people wish for. If the government is going to support nuclear energy, it also must support health care for those who will suffer from it. George Bush is the worst president of our century. 2 recessions, 2 wars and a failed economy lead to Obama's election. There was nothing McCain could have done not to mention details have been surfacing that Palin didn't know Africa was a continent! How in the world could we have had someone so ignorant near such a position of power? Well, America voted and Obama won. This isn't because Obama was black, it was because he was the best man for the job regardless of color. Congratulations to Obama and to America.

Privacy Laws Don't Apply to Criminals

2008-10-22T09:23:00.000-07:00

Once again I will rant about the Dupont family because it is my right. This family's company (Dupont) has polluted Delaware so much that it is a massive cancer cluster. Yet the family itself would hide behind privacy laws so that no one knows what is going on. If anyone brings the truth to light about this family and or its business dealings, in come the lawyers. If my neighbor rapes a girl, news organizations write articles to inform the public. This isn't just to destroy the individual, but to protect the community. I wrote one little article about the Dupont family and I got censored. So for all you people that don't think the media is controlled by the rich, I've given you a perfect example that you are wrong. I am one little spec on the Internet, yet these freaks already fear me enough to try to shut me up. If what I was saying was false would they do this? I think not. So yes, the Dupont family does have a bunch of inbreed freaks. Yes the Dupont company is guilty of polluting the environment. Yes the Dupont company is responsible for lobbying to ban marijuana because it threatened their product sales. Yes one of the Dupont mansions has a room wall papered with 100 dollar bills. And yes, A.I.Dupont hospital was originally started for Dupont children with birth defects because of inbreeding. If you want privacy, move to a country that doesn't support free speech. This single family is the reason I despise the "old money" in this country. As far as I am concerned, this family is criminal and privacy laws do not apply. The public has a right to know about the crimes this family and company are responsible for. The Dupont public relations department would tell you all of the advancements the company has made in science, but would deny all of the consequences that were the result. This isn't truth. This isn't freedom of speech. So anytime you watch the news or read the latest headlines, understand that there really is no truth to them. Big money speaks louder than the truth because everyone has a price that they will sell out at. I'd also like to point out that you can find white power crap all over the web, but somehow I've been censored because of one blurb about the wrong family. So just remember, the media is owned and controlled by a bunch of rich Nazi's that will use big money to protect their status. Screw the constitution, it was written on hemp paper.

Joe the Plumber, Joe the Idiot!

2008-10-16T16:02:00.001-07:00

Have you seen this guy "Joe the plumber" that McCain and Obama spoke about during the debate. Talk about a guy who doesn't have a clue. This guy comes out and says he doesn't think that people who make more money should pay higher taxes. This wouldn't be a bad view if we had a flat tax. But we don't have flat taxes. We have a complicated tax system that allows more affluent people to use loop holes to get out of paying their share, pushing the tax burden to those who work hard for an honest living. What we do have a flat tax for is capital gains, which makes no sense at all. People who don't work at all make more money sitting on their ass paying 15% while the average American works their 40 hour+ week paying over 30% of their wages to taxes. Joe the plumber was under the belief that because the business he wanted to purchase costed $280,000 that he would be placed in a higher tax bracket under Obama. That was not true. Obama's $250,000 tax policy applies to the individual's earnings, not the business. Eventually Joe the plumber admitted that he would actually benefit from Obama's plan. But let's return to the idea that the upper class shouldn't have to pay more taxes debate. Anyone who knows anything about exponential growth can see that the upper class keeps making larger profits because they have a larger pool of money to invest. But these investments are providing profits by sending jobs overseas to increase profit margins. Middle class wages have remained stagnant, the country's population is growing and there are less jobs. By the time the average person has enough money to take advantage of exponential growth, it is time to retire. The system is flawed because the minority upper class is making more money at the expense of the majority middle class workers. If our current policies continue, there will not be a middle class anymore. Joe the plumber seems to think that he has a chance to be part of the upper class. But the math will never add up. What he would consider wealthy doesn't equal a percentage point to the upper class. Bill Gates is loaded, but he still doesn't have "old money". No, Bill Gates isn't in the same league as affluent families such as the Duponts. No this family values money so much that it intermarries to keep wealth in the family. A.I. Dupont hospital was built for all of the inbred Dupont children, not for charity as their public relations would tell you. These people are sick. They do anything for money. It is this upper 1/2% of our country ruining things for everyone else. The Duponts have created chemicals such as Teflon, that will pollute our environment for a lifetime. Chances are that everyone who reads this has some Teflon in them because it has polluted our water supply. Yet appropriate and proportionate penalties have not been imposed on Dupont. No amount of cancer or retarded children will stop this family's greed. So no Joe the plumber, I don't agree that these people should pay the same amount as me. These people should be held accountable for their actions. If we aren't allowed to just wipe them out and take their money, they should at least be taxed out their ass. F the Duponts and everything they stand for. F ignorant people like Joe the plumber that don't have a clue what is going on. Now the Republicans are talking about having Joe at their rallies. Great. Cheer the working man that is too stupid to understand that tax breaks going to huge companies screws the middle class. I don't support raising taxes to provide for lazy people. I'm not all about hand outs. But I'm also not into paying extra taxes to "rescue" big businesses from self inflicted stupidity. Joe, get a clue. McCain's plan might as well be the same as Reagan's or Bush's. Giving tax breaks to big business equals trickle down. Trickle down equals executives taking luxurious vacations and writing it off as expenses while the average guy gets nothing. Tax breaks should be given to the middle class, not the rich. So Joe, stop listening to propaganda and do the math yourself. You are middle class, why would you support the rich? In addition, I used to have a lot of respect for John McCain. But he has lost touch with the people who originally supported him. In an effort to gain more support from his own party, John McCain sacrificed what used to set him apart. So now he supports policies that he knows are wrong, just because he knows this is his last chance. At least Colin Powell had enough sense to distance himself from policies like W's. I have all the respect in the world for John McCain. He is a hero. But his current direction is flawed. His campaign is exclusively negative. He doesn't even try to put out ads oriented to his policies. Joe the plumber represents the ignorance and dishonesty of this campaign. Oh, Joe also hasn't payed his taxes. Great guy to put on a pedestal morons.

Note: After I wrote this I found out Joe isn't even a licensed plumber and has never so much as completed an apprenticeship. Toledo Ohio and surrounding communities require plumbers to be licensed. So Joe not only is dodging taxes, he is operating illegally as well. Hey Joe, now I hope you get taxed so far up your ass that you can taste the ink on the 1040. Screw off you publicity seeking meathead.

AIG, How Business Is Done

2008-10-09T15:55:00.000-07:00

AIG treated itself to a nice $400,000+ spa vacation with some sales executives after receiving bailout money. AIG executives were heckled by congress in response, but then the government turned around and gave them even more money. Our government is truly ridiculous friends. These people should be behind bars, I think? I mean, I guess if you were a big time executive and you could give yourself a 5 million dollar bonus that would be cool. Write off everything as a business expense. Buy a Hummer and claim it as a company car. Go out to business dinners, every night of the week. Visit different cities on business trips and shop for the entire family as an expense. Make sure to make one comment about business before getting too inebriated to remember your own name. Go to Thailand...on business. Go to luxurious spas. Pay a hot blonde secretary to wear skimpy clothes and talk in a high pitch voice. Pay the secretary to do things that make you talk in a high pitch voice. Pay illegal immigrants to do lawn chores under the table, but write it off as charity. Get mail-order brides and send them back after a month and say they were damaged. Skip out on the collection basket at church...on a holiday! Then claim you need more taxpayer money. Give your friends and self another raise, then shut down offices that you don't like. I'm going to start my own business and run it at zero profit, just so I can write off everything I do.

Please "Rescue" My 401K!

2008-10-07T16:39:00.000-07:00

Thanks to all of the little cry baby 401K types, we passed that stupid "rescue" bill. Guess what, your 401K is still crap because the market is in recession. Here's an idea, don't cash out like everyone else who is panicking and wait until the market rebounds genius. Despite the "rescue" bill, Wall Street has tumbled around 850 points because of banks failing all over the world. Now the Federal Reserve wants to buy up more short-term debt to help push the market. Don't you idiots get it? You can't fix this problem by throwing money at it. Bernanke also added there may be a need to cut interest rates again. Bernanke evidently hasn't taken a hint that the low rates are actually part of the problem and helped create the crisis we are in now. You can't manufacture business by throwing money into a fire. You can boost the real estate market and economy by creating more domestic jobs. Then people might actually have some money to afford the latest Toll Brothers McMansion or a gas guzzling SUV from Detroit. Instead, our entire country is in debt to banks who are double dipping now from interest rates and taxpayer money. The unemployment rate is growing and current salaries can't keep up with inflation. Banks have milked this country like a cow until there was nothing left. Now the market needs to repair itself and there isn't anything bankers can do to stop it. So to all of you who thought the "bailout" or "rescue" plan was a good idea, you need to take some refresher courses in economics. The market will balance itself regardless of how much money can be printed. So to all of the seniors out there that think the entire country is responsible for their personal loses in the stock market, you still lose. That 700 billion wasn't going to you. It went to a bunch of jerks like Lehman negotiating multi-million dollar compensation packages for his executives. That is what you get for listening to the advice of biased news reports and bank sales representatives rather than researching your own investments. I hope the market rebounds after all of these fools have been forced to withdraw their money. The whole point of putting money into the market is that there is greater risk and greater reward. If you don't like it buy bonds. Younger investors just need to be patient, the market will rebound even if it takes some time. Selling on a low is a bad mistake. I'd rather go down with the ship than turn some opportunistic bastard into a millionaire. In conclusion, Americans love accountability, yet few accept responsibility for their actions. Capitalism equals protect your own ass.

Rescue Bill Passes, Washington Proves It Still Sucks

2008-10-03T12:12:00.000-07:00

So the bailout bill has now passed as the "rescue" bill. What it rescues is more money from the middle class. I hate Washington. This bill sucked originally by the Republicans. The Democrats made it a little less sucky but it failed. Then in a compromise, we got the worst bill ever. Loaded up with ear-marks (many ridiculous such as the wooden arrow thing...look it up), this bill is the reason why Americans don't trust their Government. Yes we will take 700 billion from the people and give 100 billion in tax breaks to businesses. So that is 800 billion more in debt we are. The only reason Obama and McCain are behind this is so that it doesn't dominate their presidency. So now I hate both of them. You sold out America you dirty bastards. I thought that Americans had finally stood up to the government. I thought our voice had some importance. No. Washington just used this as an opportunity to load up a bunch of special interest stuff into a bill that deserved much more carefull consideration. This is the worst failure of the American government in history as far as I am concerned. Forget having children and sending them to college. Forget about seeing a dime from social security. Forget about ever having medical that works. Forget about ever climbing the social class ladder. Thank your government for not listening to the people. We are still in a recession regardless of this money. Just try raising taxes on the middle class now and you will really see a depression. Just ask anyone who knows their history and they will tell you raising taxes during the great depression only made things worse. The value of the dollar is going to drop worse than ever before. Inflation will make all of our salaries pointless. So what if we have credit available. Now all we are going to do is get into even more debt with no chance of ever repayinig it. Thanks Washington for economically enslaving the entire middle class. All of you should be tarred and feathered. Some day you will be. Washington sucks. I hope all of the toilets at the capital explode and send crap into the air in protest.

The Market Seeks Balance

2008-09-30T15:51:00.000-07:00

Yesterday, the financial bail out plan was defeated in house of representatives causing the market to crash over 700 points. Markets around the world felt the backlash and dropped as well. Banks raised interest rates and tightened credit. But, then the dollar rallied against world currencies. A stronger dollar balances out the fall in the market. Crude oil falls $10 a barrel because of a stronger dollar and demand. The markets around the world are seeking balance with our market. With Washington scrambling to revive the financial bail out (which they are now calling something else to make it sound nice), investors looking for deals swoop up stocks while the market is low, raising the market nearly 500 points. Around the world markets all had increases (except Japan). Once again the world is seeking balance with our market.

The financial bailout is a purely inflationary move if proper regulations are not imposed to prevent this from happening again. We can't keep giving trick loans to people who shouldn't have been given a loan in the first place. We have to strenthen our economy at home, not by shipping jobs overseas. Then more people can be legitimately qualified for loans. Cutting cost by outsourcing American jobs just so CEOs can walk off with a bonus is wrong. There need to be laws penalizing companies for business practices that "trickle down" layoffs to middle class workers rather than management. Wall Street and Washington must listen to the call of the middle class. There is no trust left. Americans are tired of dirty bipartisan politics, lobbiest and investors. The middle class is not a cow that can be milked for hundreds of years. If there is a bailout plan, it should be paid for by those being bailed out not the average person. Dirty business is profitable at first, but then you have to pay up in the end. Not one penny more should come from the middle class American. You want to talk health care, I might like to hear options. But in the meantime all medical expenses should be a tax write off instead of some ridiculous percentage. I think everyone can agree on that. End of rant.

More Angry Rants About the Economy, Donkeys and Elephants

2008-09-24T16:44:00.000-07:00

Don't let anyone fool you into thinking a Democrat is more dirty than a Republican or a Republican in more dirty than a Democrat. The donkeys and elephants play in the same lobbyist pig pen. For those of you who would blame Bush for everything (he really is an idiot), you may have forgotten the mistakes made by Clinton's administration. NAFTA was a good idea in theory. A free market is the most profitable economically. However, NAFTA didn't focus on reducing restrictions of goods, it just allowed the money to pass freely without taxes. This made it more profitable for corporations to start sending jobs to foreign countries. Big ears Ross Perot predicted that before we ever signed it. A free market is a great idea, but the restrictions we had in place kept jobs here in the United States. Sacrificing jobs in America to produce bigger profits for shareholders can not possibly solve the economic crisis here at home. We need to produce more goods, not less. Producing more at home means profit margins won't be as high, but our communities will remain strong. For those who think Republican trickle-down economics works, you obviously have spent too much time listening to propaganda rather than studying math. The only thing lowering taxes on the upper class achieves in more debt. That is how we went from having a surplus to a massive 9 trillion dollar debt. Why not throw another trillion on to bail out a bunch of banks that made false profits based on inflation. Why don't we just use napkins for dollars while we're at it.

The Democrats and Republicans both suck because lobbyist run Washington by opening up massive check books to finance candidates. We may hear a few good speeches claiming change is coming, but until the Oil companies stop financing our government, they are our government. What is the difference between Iraq and Georgia? What about the former Yugoslavia, Darfur, and Myanmar? There are plenty of wars worth fighting for the right reasons, yet we do not act unless atrocities such as mass graves caught on film force us to. But fighting a war for an oil field seems more noble? Maybe the plan is to leave troops there forever to act as a deterrent to Iran from starting a war with Israel. Really it is just so we have some military bases in the middle east to protect our oil interests. Hell, if Israel and Iran went to war they would both be flying US made jets! The Israeli air force is armed with F-15s and the Iranians have a few F-14s. I wonder if there is a self-destruct button on all of those! Until there is real campaign finance reform and a crack down on lobbyist, our government will be influenced more by money than by public demand. Big businesses can profit more using foreign labor and cutting jobs here. The regulations that protected our domestic economy need to be replaced so that it is more profitable to conduct business in the US. Stock holders need to suck it up and accept a smaller percent of a stronger dollar. So let it be written, so let it be done.

Big Business Bail Out

2008-09-21T08:46:00.000-07:00

700 Billion dollar bailout, with the possibility that this will grow to 1 Trillion dollars! The government has fooled the American general public into thinking that it is necessary to bail out a bunch of companies that profited from a false boom in the economy. This false boom was created by the Bush administrations removal of key regulations that used to protect the market from bad business practices. This move is not designed to help homeowners or tax payers. Executives of companies that have made poor decisions are going to walk out of this making a huge profit, while the American taxpayer is now placed into debt that will ensure the collapse of social security and also ensure that the health care system will remain the same.

How come this money was not offered to the individuals that lost their homes? Instead, now we are protecting those who have the most to lose…the rich! Forget about the poor middle class family that has to tell their children they are moving. We have to protect those with millions invested from losing a few points. Yes we’ll fool the regular American public that is already federally insured and tell them they aren’t. Then, we’ll take taxpayer money and give it to those who live off their interest and only pay a meager 15% capital gains tax while the average worker pays over 33%. Bailing out companies who have failed based on performance and poor judgment is not the goal of capitalism. If the taxpayer is paying for it, the taxpayer should own it.

Now, the current generation gets to keep the status quo. While the younger generation is saddled with a burden that we will never be able to overcome. What about the new generation of children? Do we really want to leave them with nothing but debt? Our economy has shifted to services rather than production of goods. How can that possibly be profitable? There used to be trade restrictions to protect our economy. Now we don't produce anything. We ship jobs overseas to get bigger stock prices here. That cycle can't possibly continue. Enron based all of its profits on speculation. When it turned out that all of those numbers where false, the company collapsed. Should we have saved Enron.? No. Why are we saving these idiots from doing the same thing? Land did not double in value. The value of the dollar declined.

Mark my words, the only way to fix this country is to raise the capital gains tax. We need to raise the capital gains tax on the upper 1%. The people who don’t do anything but live off old money. So for any entrepreneurs trying to make a buck, these rules don't apply to you. The goal is to encourage economic growth at home. Maybe if we get the upper class to stop sending our jobs to China we can maintain our status as free people. Otherwise why did we fight the British if we were just going to let a new bourgeoisie form. The gap between the upper class and middle class is growing exponentially and it needs to be reversed. If the upper 1% payed the same as the average person, the budget crisis in this country could be eliminated. If it isn’t, the middle class will no longer exist and seeds of revolution will be planted.