The Great Depression started in 1929 when my Father was 4-years old. When I asked my Father if he remembered anything about the Depression, he told me that he remembers it like it just happened yesterday. He went on to say that during the Depression, because money was in very short supply, most people dug up their lawns and turned them into gardens. They grew as much of their own food as they could.
Also, every penny that any member of the house earned was turned over to his parents, so they could buy what they could not grow. My Father remembers the Depression as clearly as I remember when Jimmy Carter was President.
During the Carter Years there was double digit inflation, double digit mortgage rates, an oil embargo, which caused long lines at the gas pump, a hostage crises at the embassy in Tehran, Iran, and a huge tax burden on the American people, such as myself, which cost me my job, where I quickly joined the long lines at the unemployment office.
We as Americans are suppose to learn from History so as to not make the same mistakes again. However, here in America we have re-written most of the History Books so that the generations following my generation have no idea what it was really like in either the Depression era or the Carter Years; therefore, now in 2008, you, the American people are about to Repeat the two worst times in American History, by electing Senator Obama to be President.
It is not only proper and fitting, but my obligation to give you, the younger generation Americans, a preview of what to expect from the time Senator Obama is officially declared the winner of the Nov. 4, 2008 general election as the next President of the United States
There will be chaos in the streets from every major city from New York to Los Angeles, from Seattle to Miami in jubilation. Stores will be broken into, cars burned and possibly citizens injured or killed. On Nov. 5th, 2008 the Stock Market will tumble nearly a 1000 points and will continue to slide until the end of the year. Chaos in the inner cities will continue as the number of hate crimes increases.
After Obama is sworn in on Jan. 20, 2008 Wall Street will be spiraling down putting the U.S. into a deep recession or the beginnings of another Depression. Corporations will begin laying off personnel in anticipation of the Tax Hike that both the Congress and the Senate are poised to enact as soon as both houses are in session. Since there are not enough Republicans in either house to stop or even delay the Tax Hike, it will easily pass and be signed by President Obama.
By the end of President Obama’s first 30-days in office half of the current Generals and other high ranking members of the military will either retire or be forced out by President Obama as he moves to start withdrawing troops from Iraq and moving them into Afghanistan. Because of this move there will be an increase in violence in Iraq as Al Sardra attempts to take power by using his now dormant army to attach members of the Iraqi Government.
By the end of President Obama‘s first 60-days in office Puttin will send his army back into Georgia and begin a possible march toward the Ukraine and eventually threatten to invade Poland to prevent these countries from entering NATO. Iran will have launched a pre-emptive strike into Israel and Israel will retailiate while President Obama sends a Representative to the U.N. to get the Security Council to approve a resolution for the U.S. to back up its long standing ally, Israel.
By the end or President Obama’s first 6-months in office there will be another attack either on American soil and several thousand citizens will be killed or at some other American installation somewhere in the world. Again President Obama will make some attempt to find out who is responsible and then fail to act. Showing once again that America has become weak in the eyes of the world.
By the end of President Obama’s first year in office, unemployment will be at its highest since the Depression, inflation will once again be in double digits and the Democratic Congress along with the Democratic Senate will impose an even higher tax on all working Americans. This will cause a sharpe rise in violence and other crimes.
By the middle of year #2 North Korea and Iran have developed the Nuclear bomb. North Korea will move its 1.2 million troops to the DMZ and is poised to invade South Korea, no longer fearing that the U.S. will step in to stop them. In the Middle East Iran will use its Nuclear threat to invade Iraq now that all of the U.S. troops have been removed and are now in Afghanistan, which now appears to be the new VietNam, only because the Taliban have been embolden by what they perceived as a very weak U.S. President.
Could all of this actually happen, we at America’s Voice sincerely hope not, but, then again they said that the Stock Market would never crash, yet it did and the Great Depression almost destroyed the U.S. economy. We were also told that America had learned its lesson from so long ago, yet Wall Street is showing signs of crashing once again.
Is it possible that Senator Obama is another Herbert Hoover? From my perspective History is beginning to Repeat…….
Showing posts with label Senator Obama. Show all posts
Showing posts with label Senator Obama. Show all posts
Sunday, November 2, 2008
Sunday, October 5, 2008
TAXES (Who really Pays)

This should come as no surprise to anyone, but generally the middle income earners pay the majority of the Federal/State Income taxes. To illustrate where the IRS gets most of its revenue, I will use a simple Bell Curve. Take a piece of paper and with a pencil or pen simply draw the shape of a BELL.
On the left side of the Bell, just outside of the line write “10%”. On the right side of the Bell, just outside the line write “10%”. Inside the Bell diagram write “80%”. The left side of the Bell shows that 10% of the people in the U.S. do not pay any Fed/State taxes because they are either not working or are getting a very small income. The right side of the Bell shows that 10% of working American are what Senator Obama would call Wealthy Americans. The remaining 80%, those inside the Bell are Middle Income wage earners of varying degrees of income. As you can see Middle Income wage earners is where the Democrats go to for more money in the form of a TAX Increase.
For this election Senator Obama/Biden are claiming that they will reduce the Taxes for those who reside inside the Bell and only increase Taxes for those who reside on the right side of the Bell, which by the way include all of America’s huge corporations. This sounds great, but, there are consequences to any Tax Hike of any kind. Lets take a closer look:
I will start by stating a few basic truths about the RICH:
1. The Rich did not get Rich by paying huge sums of money to the Government.
2. Corporations like profits and will NOT see their profits lowered by increased Taxes. Corporations will pass the increase onto the consumers, that means you and me, Middle Americans.
3. The incentive to become Rich is diminished knowing that once you reach the $250,000 or greater mark, the Government will swoop down and take it away as planned by the Senator for Change, Obama
If Senator Obama/Biden win the Presidency the Wealthy Americans will see a Tax Increase and everyone else will get a Tax decrease. Lets follow the money. I will use Corporation “A” as an example, but this also applies to every Small Business Owner in America that qualifies for the Tax Increase.
Corporation A is made up of Employees, Middle Income Americans, and those Americans who have bought Stock in the Company, usually the Wealthier Americans. The revenue from the sale of stock is used by the Corporation for Research and Development, Buying other Companies, etc….
The people who own this stock in Corporation A expect to earn a profit from their investment and the Corporation will do anything it can to provide that profit. So, if Corporation A now has to pay more Taxes, the corporation has to get the money from somewhere and still provide a profit to the shareholders.
Corporation A has several solutions:
1. Lay off Employees and ship the jobs overseas where the labor is cheaper and where there is a more favorable Tax structure. Enjoy that TAX Break while you can, because you may be outsourced to pay for it.
2. Raise the cost of the product that is being sold to the consumer. Maybe this will work since Middle Americans will have that big reduction in their Taxes. At least for those who still have their Jobs.
On the left side of the Bell, just outside of the line write “10%”. On the right side of the Bell, just outside the line write “10%”. Inside the Bell diagram write “80%”. The left side of the Bell shows that 10% of the people in the U.S. do not pay any Fed/State taxes because they are either not working or are getting a very small income. The right side of the Bell shows that 10% of working American are what Senator Obama would call Wealthy Americans. The remaining 80%, those inside the Bell are Middle Income wage earners of varying degrees of income. As you can see Middle Income wage earners is where the Democrats go to for more money in the form of a TAX Increase.
For this election Senator Obama/Biden are claiming that they will reduce the Taxes for those who reside inside the Bell and only increase Taxes for those who reside on the right side of the Bell, which by the way include all of America’s huge corporations. This sounds great, but, there are consequences to any Tax Hike of any kind. Lets take a closer look:
I will start by stating a few basic truths about the RICH:
1. The Rich did not get Rich by paying huge sums of money to the Government.
2. Corporations like profits and will NOT see their profits lowered by increased Taxes. Corporations will pass the increase onto the consumers, that means you and me, Middle Americans.
3. The incentive to become Rich is diminished knowing that once you reach the $250,000 or greater mark, the Government will swoop down and take it away as planned by the Senator for Change, Obama
If Senator Obama/Biden win the Presidency the Wealthy Americans will see a Tax Increase and everyone else will get a Tax decrease. Lets follow the money. I will use Corporation “A” as an example, but this also applies to every Small Business Owner in America that qualifies for the Tax Increase.
Corporation A is made up of Employees, Middle Income Americans, and those Americans who have bought Stock in the Company, usually the Wealthier Americans. The revenue from the sale of stock is used by the Corporation for Research and Development, Buying other Companies, etc….
The people who own this stock in Corporation A expect to earn a profit from their investment and the Corporation will do anything it can to provide that profit. So, if Corporation A now has to pay more Taxes, the corporation has to get the money from somewhere and still provide a profit to the shareholders.
Corporation A has several solutions:
1. Lay off Employees and ship the jobs overseas where the labor is cheaper and where there is a more favorable Tax structure. Enjoy that TAX Break while you can, because you may be outsourced to pay for it.
2. Raise the cost of the product that is being sold to the consumer. Maybe this will work since Middle Americans will have that big reduction in their Taxes. At least for those who still have their Jobs.
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Sunday, September 28, 2008
EXPERIENCE (Is it Important?)
There has been a lot of TV and Internet advertisements from both presidential candidates about their competency to be President based on their experience. Senator McCain has been in the Senate for over 25 years while Senator Obama has been in the Senate for about 3 years and two of those he has spent running for President.
Is Experience really that important? Well to put this question into perspective lets up look at this in a much lower level. When a working class person, such as myself, begins looking for a job, the first thing on the potential Employer’s list of requirements is how much and what kind of Experience do you bring to the table. Most of the job openings that I have looked at require at least 5 to 7 years of Experience. That Experience must also be geared toward the type of work that will be performed. A college professor with 20 years of Experience teaching Family Law does not qualify him to be a Criminal Defense Lawyer.
A college student who just graduated with an MBA does not qualify that person to be a CEO of a major corporation. Anyone who is at the top or who is on their way to the top of any company had to start at the bottom first.
So…why are many Americans so willing to put a Junior Senator from Illinois with zero experience into the White House. Senator Obama has never run a business, never governed a city, big or small, never had to work with unions and never had to work with both parties to come to a compromise on a piece of legislation. Only Mayors and Governors have to do it all. Vice Presidential candidate Sarah Palin has done all of this and much more. She is more qualified to be President than the Presidential candidates themselves.
Again, is Experience Important? Every job that I have applied for requires it. Every hiring manager that I have every talked to questioned me about my experience. Every board of directors for every corporation in America demands it before hiring a CEO and every American who holds stock for any corporation in America would be appalled if they found out that the board members had zero Experience in running a corporation.
Okay, America, here is the choice everyone who votes must make. Vote for the candidate with the Experience to run America or vote for the candidate of Change, Senator Obama with no Experience.
The way I see it, if Senator Obama becomes the next President and your job is lost, when you are talking to a hiring manager and that person asks you about your Experience in that particular field and you say that you don’t have any, tell that manager that you should be hired anyway because after all, you did vote for Senator Obama and he had no Experience either.
Is Experience really that important? Well to put this question into perspective lets up look at this in a much lower level. When a working class person, such as myself, begins looking for a job, the first thing on the potential Employer’s list of requirements is how much and what kind of Experience do you bring to the table. Most of the job openings that I have looked at require at least 5 to 7 years of Experience. That Experience must also be geared toward the type of work that will be performed. A college professor with 20 years of Experience teaching Family Law does not qualify him to be a Criminal Defense Lawyer.
A college student who just graduated with an MBA does not qualify that person to be a CEO of a major corporation. Anyone who is at the top or who is on their way to the top of any company had to start at the bottom first.
So…why are many Americans so willing to put a Junior Senator from Illinois with zero experience into the White House. Senator Obama has never run a business, never governed a city, big or small, never had to work with unions and never had to work with both parties to come to a compromise on a piece of legislation. Only Mayors and Governors have to do it all. Vice Presidential candidate Sarah Palin has done all of this and much more. She is more qualified to be President than the Presidential candidates themselves.
Again, is Experience Important? Every job that I have applied for requires it. Every hiring manager that I have every talked to questioned me about my experience. Every board of directors for every corporation in America demands it before hiring a CEO and every American who holds stock for any corporation in America would be appalled if they found out that the board members had zero Experience in running a corporation.
Okay, America, here is the choice everyone who votes must make. Vote for the candidate with the Experience to run America or vote for the candidate of Change, Senator Obama with no Experience.
The way I see it, if Senator Obama becomes the next President and your job is lost, when you are talking to a hiring manager and that person asks you about your Experience in that particular field and you say that you don’t have any, tell that manager that you should be hired anyway because after all, you did vote for Senator Obama and he had no Experience either.
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