Archive for the ‘Economy’ Category

Who Should Lead the GOP?

Monday, January 5th, 2009

By Peter Andrew ConservativeAmerican.org

Five of the six candidates who want to be the next Republican National Committee Chair (see our story reviewing all of them: Candidates Review) agreed on one thing at a debate tonight broadcast on the internet.

The five potential GOP Chairs said the party needs to stand strong against the stupid bailouts that have already been approved and any future bailouts.  ABC’s “The Note” reports:

Ken Blackwell, strong candidate for RNC Chair

Ken Blackwell, strong candidate for RNC Chair

“The bailout was a bust. It should never have happened. Republicans should have had a little bit more you-know-what to withstand the pressure. They didn’t and we’re paying for it. I absolutely support the resolution because it reflects the frustration of our base,” said former Maryland Lt. Gov. Michael Steele. The candidates for R.N.C. chair were asked for their positions on the bailout resolution by debate moderator Grover Norquist who heads Americans for Tax Reform, a conservative anti-tax group.

Thank God for some common sense from these men.  A resolution under consideration by the RNC opposes “the bailout of the financial industry and their nationalization…It opposes the bailout and nationalization of the auto industry, and it opposes any future bailouts including Obama’s public works projects which amount to a bailout of cities and states because they would have the federal taxpayer assume the responsibility to pay for all the state and local public works projects.”

Current RNC Chair, Mike Duncan was the only one who did not immediately support the resolution.  He said it was not the kind of thing you could just give a yes or a no to.  Huh? Sounds like Obama’s answer on abortion.  Duncan needs to go.

Candidates for RNC chair can put the party back on the conservative American track.  The six include: Maryland Lt. Gov. Michael Steele, Michigan Republican Party Chairman Saul Anuzis, South Carolina Republican Party Chairman Katon Dawson, former Ohio Secretary of State Ken Blackwell, former Huckabee campaign manager Chip Saltsman, and current RNC Chair Mike Duncan.

We have endorsed Saul Anuzis and we put Ken Blackwell in a very strong second.  The others all have some strikes against them, especially Duncan.

A Nation of Hope for 2009

Friday, January 2nd, 2009

Americans are a people of hope.  While the economy is down and depressing, there is an American spirit of finding ways to solve problems, removing obstacles and prevailing in the end that will see us through.

Wall Street caught a bit of that “things will get better in 2009″ fever today as the Dow Jones Industrial Average was up more than 250 points to close over 9,000 for the first time in nearly two months.  Will 2009 actually be better? Who knows.  Will Americans eventually find a way to get through this present economic downfall and come out a stronger nation?

You betcha. This is a good time for some flag waving.  It’s a good time to look back at situations we have made it through before and avoid the same mistakes.  It’s a time to avoid the European strategies of socialism which have failed them miserably.  Instead, we need tax cuts for all, even the rich who can use the savings to expand businesses and buy more things that people who are employed make.  We don’t need the rob from the rich and give a handout to the poor, tax cut that President Elect Obama is talking about.  That is nothing more than welfare disguised as a rebate of taxes that were never paid!!!

We will get through this.  Conservative Americans will help get our great nation through this.  It could take a few years with the democrat socialists taking over everything in two weeks.

Obama can bring Oversight

Monday, December 22nd, 2008

By Peter Andrew ConservativeAmerican.org

One gift President Elect Barack Obama can give the nation after Christmas is oversight.  He can correct the foolishness of congress and the Bush/Paulson administration in not setting up just a teeny bit of oversight on the $700-Billion Bank Bailout.

In a “leadership by panic” move, Bush/Paulson announced one day if they didn’t get the money by Monday, the entire economic sky would fall on us.  So a willing congress, including willing republicans and so-called conservatives, voted for a gigantic addition to the federal budget to save us all from the banker’s.  Apparently the Associated Democrat Press has asked the banks receiving the money a few simple questions like what they have done with the money so far and what they will do with the rest.  No comment from any of them.  This cocky behavior equates to flying a corporate jet to DC, doesn’t it?

Congress has no idea where this money went either.  Sooooooooooo, how has this bank bailout helped you so far?  Are you in better financial condition since your government decided to take a huge step into socialism?  Is your economic sky rising back up?  Mine neither.  This is more proof that traditional conservative American principles must be applied to help this economy.  Heading down a road to socialist nationalizing of private industry is the absolute wrong thing to do.

President Elect Obama can put public oversight in place to fix this terrible mistake.  Will he?  As voters, we can do something too.  Unless your congressman is BOTH a conservative American AND voted “No” on this stupid bailout, they must be voted out.  You can do that.  In November I voted against my long-standing republican congressman for this very reason.

Obama In, Chrysler Back - January 20th

Thursday, December 18th, 2008

The big three automakers are upset with conservatives, republicans and President George W. Bush for not handing them billions of dollars to stay alive for a few more weeks.  While Ford is in better shape, GM is desperate and Chrysler has announced a shut-down of all of its plants for a month.

It’s no coincidence that Chrysler workers will return and plants will be running again (in joyful triumph as trumpets play) on the very same day Barack Obama takes the oath of office; January 20th.  Chrysler is sending a clear message.  They are sitting things out for now and just waiting for the new President to come in and save them and their Chrysler stock.  GM, Ford and Chrysler have a great deal riding on January 20th.  They are counting on…

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Dems say 2nd $800 Billion from Obama Not Enough!!!

Thursday, December 18th, 2008

CBS News is reporting that Obama’s economic stimulus plan could add $1-Trillion to the federal budget!  That means Obama would add as much to federal spending in the first month of his presidency as George W. Bush did in all 8 years of his.  And, everyone said (correctly) that Bush spending was way out of control!!

This spending spree is nonsense.  Have you heard any of the Obama Chicago Administration talking about where this money is going to come from?  We cannot spend our way out of a financial crisis.  This has never been proven to work.

Bing Bang just a Small Shot??

Thursday, December 18th, 2008

Had enough socialist big government bailouts yet? Apparently some Americans are applauding our nation’s dangerous moves toward nationalizing formerly private businesses. Newsweek is running a piece by noted speaker Jeffrey Garten, called the Big Bang of Bailouts online. The catch? He doesn’t think we have fired a shot yet!

Garten

Garten

Garten says we need to spend more…a whole bunch more!! He writes:

“The needed response is a big-bang global bailout that is even bigger than what we have seen so far, one that puts governments in front of the contagion rather than always one step behind, and that is large and sweeping enough to restore confidence.”

Government attempts to take over private industry are not part of the answer at all. Spending more money will only make the problem worse. The conservative American wants to see spending cuts and the failure of businesses which deserve to fail. Others will prosper as they deserve.

Handling a Tough Economy: Palin vrs. Obama

Wednesday, December 17th, 2008

From the Official Sarah Palin Fan Club - By Peter Andrew ConservativeAmerican.org

Handling a tough economy is a challenge many leaders are facing.  The contrast between how the Office of the President Elect wants to handle the economy and how Alaska Governor Sarah Palin wants to deal with it is amazing.

Barack Obama has promised to spend billions more in federal money to create more jobs in the government.  Every time governments try to spend their way out of economic troubles, it fails.  Obama has talked of wanting to increase taxes on the wealthy.  This also has never worked.  He promised tax cuts for 95% of Americans,  but soon will go back on that promise saying it’s President Bush’s fault.  How long do these guys get to blame Bush?  He says he wants to get rid of waste in government.  Don’t hold your breath.  The first priority will be to increase government by gigantic proportions.  While Bush was in office, the federal budget went up by about 30%, or one trillion dollars.  Obama wants to increase the federal government that much just in his first month!  Ask yourself where all of this money is going to come from.  The Obama Chicago administration wants to bail out the Automakers and the UAW.  This democrat socialist will work hard to continue the Bush policy of government taking over private industry.  These failed methods have not worked in the past and will not work now.

So, what does Sarah Palin decide to do?  How would she handle things? Afterall, many Americans think the Tina Fey Caricature of Palin doesn’t have a brain and would not have any idea what to do.  That takes a lot of hubris, wouldn’t you say, Charlie Gibson?  Well, Alaska has some big time financial problems.  Most of the state income comes from the oil industry which is down in a big way.  The budget she is proposing for Alaska does not contain huge government increases or the suggestion Alaskans should be more “patriotic” and reach into their own pockets to help.  Instead, Palin has proposed cutting state spending by 7%.  That’s right, she wants to shrink the amount the government will spend.  State run agencies will see a slight budget increase if her plan is approved, but overall state spending will decline dramatically.

Anyone for trying that at the federal level?  Seems not lately.  The only talk you hear from Washington is about spending additional billions of dollars on this program or that…billions!  We need a conservative American in the White House.

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Market Happy - Maybe Not a Good Thing

Wednesday, December 17th, 2008

Stock investors sent the Dow Jones Industrial Average up more than 350 points yesterday after the Fed cut interest rates to historic lows and the Bush-Paulson administration said it was getting close to saving GM, Ford and Chrysler.  So the market is happy, maybe investors won’t lose so much money on automakers and related businesses afterall.

But, is that a good thing?  The real answer is for private industry to succeed or fail on its own.  Attempts to save free market capitalism by replacing it with state-run, government owned socialist enterprise are not going to bear fruit.  How can you “save” capitalism by getting rid of it?  The economic crisis has given the democrats what Rahm Emanuel said was a great opportunity.  It’s an opportunity, he thinks, to easily push through all sorts of new government spending, taxes and control.  If you thought Bush’s spending spree was bad (and it was indeed), wait till you see what the Chicago-Style Obama Administration will do.

If GM and Chrysler need to go bankrupt, let that happen.  If they cannot survive, let that happen.  Government takeover is not a solution even if it does make investors happy….for a few hours.

Levin Lies to Face - The Nation

Sunday, December 14th, 2008
Lyin' Levin

Lyin' Levin

Democrat Senator Carl Levin lied to Bob Schieffer and CBS News’ Face the Nation today, saying republicans were to blame for no auto bailout passing the US Senate.  Here’s the lie CBS says Levin told The Nation:

“Levin said that the House bill to provide $14 billion in loans to the Big Three was acceptable to Senate Democrats and the White house, but was shot down by Republican leaders in the Senate who insisted on wage restrictions (to be specified by law) limiting auto workers to what foreign manufacturers like Nissan pay American workers. “That is what broke this deal,” he said.”

Levin knows this is not true.  Democrats control the US Senate and we can only assume he is smart enough to know that.  We can only assume he knows his party can pass the auto bailout without a single republican vote.  The only conclusion you can draw, therefore, is that Levin lied.

Levin joins Harry Reid who also lied to the nation, unquestioned by the national media.  This is the same media that just had to know what newspaper Sarah Palin read daily, but doesn’t even care when these two Chicago Style Democrats just offer bold faced lies to the public.  CBS is no longer a news organization.

Did Bob Schieffer call him on the lie? No. DId Schieffer point out the truth on the matter?  No.  Schieffer is a fraud, and merely a front for the democrat party.  He had no intention of telling the American people the obvious truth about Levin’s Lie.

How about changing the name of the show to LIE TO THE FACE of THE NATION.

Reid Wrong Again.

Friday, December 12th, 2008

If only these could be Reid’s famous LAST words…

“I dread looking at Wall Street tomorrow. It’s not going to be a pleasant sight.”

- US Senate Majority Leader Harry Reid, Democrat 12/11/08

Harry Reid said your stocks were going to tumble today…more LEADERSHIP BY PANIC.  The Dow Jones Industrial Average was UP about 65 points today.  That’s not even a percentage point, but it is UP.  Reid was wrong again.