China's Smoking

Smokin' away!

It seems that America is under a new Red Scare.  This time, it's about China.

Politicians from Obama to Bohner feel that China is getting ahead of America.  Just from last week's State of the Union address Obama incited this motivation that we need to do big things.

Now to calm those pessimists, China has a smoking problem.  Economist and health experts predict that an estimated of 2 million people will die each year from tobacco-related problems in China.  By 2030, that could rise to 3.5 million per year.

According to the article, there are more than 300 million smokers in China.  That's a lot of wasted productivity.  If each smoker wastes about an hour smoking each day, that would be over 101 billion man-hours lost of productivity each year.

Sorry China, but that's a lot of wasted time.

Lowering the Bar

As you might have been hearing for a couple of months or two, Obama and Biden are wanting to raise the taxes of the people making $250,000 and redistribute it to the people below it.

News of Biden and Obama have lowered that mark down one hundred thousand to $150,000. That puts just about every single middle class American and all of the "Joe the Plumbers" also known as small business owners. That is so slimy of them to do that.

Virtually, anyone with a college degree will have to pay higher tax. This is scandalous! Something that only included a couple million will now encumbers nearly everyone that is not 'poor.'

McHealth vs O'care

Health care comparison,

They are statements about Obama's plan with make if more affordable, but McCain's will make it even more affordable by having the insurance companies compete over state lines.

http://online.wsj.com/article/SB122470511751259445.html#project%3DHEALTHY08%26articleTabs%3Dinteractive
This cool interactive shows, that well, McCains plan is cheaper for more of the poor, middle, and rich classes than Obama's.

The Bailout Brain Rant

This one is my personal thoughts,
I am not siding with the way that McCain or Obama voted on the bailout. I thought that it was going to work better, faster, but now, their are some more squeaky broken wheels (squeaky wheel gets the WD40).

This economic downturn is disastrous and we might not excel as fast in the next couple of years as we have done in the past three decades. I understand the some of the reasons why the bailout passed, except, a small business that is already up and running does not have to deal with loans very often. It would be the ones that are to be made in the next year or two. Without the wealthy VC, there would be a shut down of growth. That is why you have to not increase, but decrease the capital gains tax and corporate taxes. America has the second highest corporate taxes. Why should their be tax cuts for companies who do not decide to ship jobs overseas or ship them back? They are doing the smart move. The chances are there are lower taxes to where ever they decide to go. How about you just cut the damn tax? Then more companies will move back and others companies will come.
If the government did not get the initial billions of dollars that it is trying to divide, then we would be better off. A significant amount of people would be able to pay up on their loans. Now, it is too late. If you give back the money, they are just going to think of it as a gift and spend it as a gift, on non-necessities like cigarettes, a boat, gifts for christmas. Apparently, there are a tons of other people who could have used the help earlier, when they did default on their mortgages, credit cards, and other loans.

State Income Tax abolish? Part 2

The state legislature, and Gov. might not know how to deal with it at first. Apparently we are already in debt as a state, so budgeting has already begun to happen and planing.

This piece of legislation might cause some jobs to be cut, but ultimately and down the road (like 5 years), more jobs will be created. Businesses and people will see that this state has a low tax rate compared to any other state. They might then move or create their company in the state.

Most people and businesses will not move here because its MA. Their needs to be a reason why! This is a reason why! It's not because of the good schools in a state, that is criteria for the cities and towns to compete against. That might be why, our own money goes to our schools.

State Income Tax abolish?

November 4th is a big day. We get to vote for president and if we like to abolish the state income tax among other things.

Hey, the municipalities pay a decent part for police, firefighters, and schools!

O no, maybe we will suffer for the first couple years, (years that we will be in college), but people will be keeping there own money and more money will be flowing!

We will have to downsize, but it will cause us to streamline the state budget. And be competative with the other states!

Get rid of programs that aren't working, get rid of the toll workers kind of things that get paid a ridiculous amount of money for their job (they get paid more than our teachers).

Maybe we can get the state population growing again instead of declining!

3 Steps for a better Economy!

According to this article, Dr. Merrill Matthews claims that there are three ingredents to make this economic situation a whole lot better.

Step 1 - Free Trade
McCain for it.
Obama against it.

Step 2 - Low and simple taxes
McCain for it.
Obama picking and choosing tax cuts.

Step 3 - Reduce government spending.
McCain for it.
Obama against it.

I hope you see which one will be better in the economy.

McCain Palin in Family Guy

Seeing the article, From Foxnews, I was offended.

I believe there is almost nothing a like about Hitler and McCain.

If there is a comparison to be made between Nazi Germany and a presidential candidate, it would be Obama. Obama is the great awing speaker, just like Hitler was. He was the one that tried to install ideas of change and fix the problems of society.

It's a bad idea for doing anything like this and I think that nothing like this should be made or reproduced, especially in a popular cartoon.

This reminds of that bomb scare in downtown Boston because there was several electronic signs scattered throughout the town. It was a promo gone bad.

This current accident is not to get popularity but to make a statement. They are already getting the audience of people who are into Political satire. Why would you go on a limb like that.

Obama a hypocrite?

An article from foxnews is about Obama not taking public financing.

Obama is the first candadite to not take public financing since Watergate. Obama raised $602 million since the start of the campaign.

That is ridiculous to have control over that much money, and be a socialist. How about he gives that money to the poor guy, and the middle class and the rich can keep there own money. The "spreading of wealth" concepts that he totally exposed to Joe the Plumber, shows that he is completely on the left. Anyone that knows history or economics knows that socialism or spreading of wealth does not work, nor has it ever worked. Why should it work now? This idea is just like welfare and we already know that welfare does not work.

To get back on the point, this massive amount of money will be the roots for corruption. Always was and always will.

Warren Buffet

The billion dollar machine, Warren Buffet believes that the American economy is the way to invest for long term. He wrote this opinion in an article in the NYTimes.

I agree with him. I do not agree with him in supporting Obama though, but that is a different story.

The market is down a lot in the past month, but the question is when will it go back up. It is obvious that it will be over time. The market has always rebounded from dips and the great depression.

Why would you invest?

Invest to put aside money for the future and manage its growth. You can choose to invest in certain stocks during this time and in 5 years or more, you will definitely see some gains in your favor.

Now, if you were to keep this money in the bank account, you are guaranteed that you will not lose your money, but you might be more likely to spend it on things that are not worth it.

I am going to start investing within a month.

Now is the time to get in on those deals of stock.

AT's Discussing Points

A friend of mine (AT) created and states this list of points:

1) Obama associates with previously known people who have connections to terrorist groups (aka guilty by association)
2) He lies about his relations with groups such as ACORN
3) He wants to create jobs, but for who?--- the government
4) He wants to tax the "middle class" and working people and distribute this money into federal programs (why should the people who don't work hard and just feed off others get the successful people's money?)
5) He is a one world/government guy (Too bad this is AMERICA)
6) He isn't even American and is actually Arabic so all of the black people who vote for him because he's "black" and whites who don't want to feel racist shouldn't have to anymore

Sen. Government

The slip of "Sen. Government" instead of "Sen. Obama" by Sen. McCain was well camouflaged in the debate last night.

Why would you Penalize success?

According to Obama when addressing Joe the plumber, he would take his wealth and redistribute it.

Obama is proposing that government should penalize success and reward failure. This would ruin America and the American Dream! There would be no reason why to be successful. It would make America socialist!

McCain's Healthcare

McCain's health care plan consists of a $5000 tax credit. This credit would be paid for with a tax of health care benefits of large corporations.

This would help even the playing field and benefit both the small and large businesses.

The smaller businesses would be able to get away from solely supplying their employees with health care. They will be able to afford more employees and in result grow the economy.

The larger businesses will also benefit from this policy brought to you be Senator McCain. This plan gives the employee the ability to CHOOSE if he would like to have that plan supplied, or another cheaper or more covered plan and cross state lines to get that kind of coverage.

Did McCain Seal the Deal?

No.

Did he lick and prime the deal?

O yes he did.

He brought out good arguments about Obama's tax plans, education plans, and other plans. He brought out "guilt by judgement."

He came out punching and defended that he had repudiated the republicans behavior, but Sen. Obama has not done the same for his crazy supporters. He did not for those he falsied his health, his tax and healthcare plans, and others calling him racist!

The Last Debate

Sen. McCain has definately come out and started swing hard.

"If you wanted to run against Pres. Bush, you should have ran four years ago!" (McCain)

McCain has brought up Obama's past and questions. He also showed how bad Biden has been wrong abut Foreign Policy. He has shown that Obama is wrong about the North American Trade Agreement and the free trade agreement.

McCain is representing AMERICANS!

FYI If Obama was to apply for a federal job, he would not be able to pass the security clearance.

"I am not voting for a debater, I am voting for a President!