Cap and Trade is on the floor of the House today. Call this list of Blue Dog Democrats and tell them we’ll be watching. Tell them that if they vote yes on this huge tax we WILL remember and we WILL make sure that they don’t get reelected.
Check out the “Blue Dogs” website:
http://www.house.gov/melancon/BlueDogs/index.html. Their names, [...]

Posted on June 26th, 2009 by lloyd
Filed under: Activism, Economy, politics | No Comments »

You will often hear that the Fed is actively combating “Deflation”. Have you ever asked yourself, is Deflation something that needs to be fought against?
First, we should define deflation. According to investorwords.com Deflation is defined as:

A decline in general price levels, often caused by a reduction in the supply of money or credit. Deflation can [...]

Posted on December 18th, 2008 by lloyd
Filed under: Economy | 1 Comment »

President Bush said in an interview on Tuesday “I’ve abandoned free-market principles to save the free-market system, to make sure the economy doesn’t collapse.”
Unfortunately for us all, Free market principles have long been left out in the cold in favor of massive deficits, tax and spend policies, and unrestrained fiat currency. President Bush can’t abandon [...]

Posted on December 17th, 2008 by lloyd
Filed under: Economy, politics | No Comments »

According to a USA Today/Gallup Poll 82% of Americans polled would consider an American vehicle for purchase. 67% would do so, even if the company were in bankruptcy. (source)
This is great news for lawmakers, industry leaders, and union leaders. Those folks can allow any of our “Big 3″ to go through a normal bankruptcy proceeding, [...]

Posted on December 16th, 2008 by lloyd
Filed under: Economy, politics | No Comments »

Unfortunately, governments do not produce things. People produce things. Government takes money from people and spends it on projects for other people in order to give the illusion of producing something. So now that ‘We the People’ are reacting correctly to an untenable situation of over consumption that cannot continue, the government steps in, and [...]

Posted on December 12th, 2008 by lloyd
Filed under: Economy, politics | 1 Comment »

Consumer capitulation is what Paul Krugman, a NY Times Op Ed Columnist, calls it. American consumers finally started spending less. Although, if you would hear Mr. Krugman tell it, this is a very bad situation.
The situation of our economy is bad, don’t get me wrong. We’re definitely headed down a very bad path, but blaming [...]

Posted on December 10th, 2008 by lloyd
Filed under: Economy | No Comments »

The government is meddling in the markets, and pushing cash into the hands of troubled banks and other businesses. It is doing so by taking a few pennies invisibly from each dollar you have. Banks were already dangerously “over leveraged”. In other words, they had more debt than they had assets. In most cases, it [...]

Posted on December 9th, 2008 by lloyd
Filed under: Economy | 5 Comments »

According to some economists, inflation of the money supply is exactly what we should be doing right now. They believe that the economy will improve if the Government creates more money and then spends it on the current in vogue project; for example this week, it is public works projects. Of course, they said the [...]

Posted on December 9th, 2008 by lloyd
Filed under: Economy | 2 Comments »

Bailouts here, bailouts there. It is practically impossible to avoid hearing about this seemingly endless line of businesses, and now local and State government bodies, headed to Washington with hat in hand, looking for money in these troubled times.
The well known market cleansing concept of bankruptcy and the common sense course of balanced budgets are [...]

Posted on December 9th, 2008 by lloyd
Filed under: Economy | 1 Comment »