Thursday, March 5, 2009

The Economy, Government Intervention and Reality

Quote of the Day

Ticket to Socialism

Norman Mattoon Thomas (November 20, 1884 - December 19, 1968) was a leading American socialist, pacifist, and six-time presidential candidate for the Socialist Party of America . He was ordained as a Presbyterian minister in 1911.

As a candidate for President of the U. S. Norman Thomas said, in a 1944 epoch speech:"The American people will never knowingly adopt socialism. But, under the name of "liberalism", they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened."

He went on to say: "I no longer need to run as a Presidential Candidate for the Socialist Party. The Democratic Party has adopted our platform."

An Example Of Small Business Stimulus?

As one example of the cost to the very small business that the stimulus bill is supposed to be helping, a new subsidy is requiring business owners to cover 65% of the cost of COBRA for fired workers. Businesses that are struggling for their very survival, trying to cut costs so that the trimming of employees may be kept to a minimum, are now being handed additional costs that will require them to either lay off more workers or possibly go out of business all together. In it's attempt to be all things to the lower and middle class, is the Obama administration really thinking its' plans all the way through? (USAToday)

Populist speech making, such as scaring business off from going to Las Vegas for conventions, is not helping already devastated economy's. Being a popular president and maintaining poll numbers will go only so far. What goes up will come down.


  1. Obama needs to impress ... so he will be making some bold moves. He will also be expecting repercussions, but hoping to keep them down to a minimum. You highlighting the issue is good for public awareness. Allow us to choose whether his moves are right and wrong. Obama is a clever speaker and may be able to convince us otherwise.

  2. It is always up to each and every one of us to determine for ourselves if what we see if what we think and experience day to day is right. I just put out there what I see.

    And there is no doubt Obama is a clever speaker, but you don't want him to verbally convince you otherwise, we need to see results.

  3. i miss the comments from anonymous.....where did he go? seems mike's hardcore right wing religious right opinions are a turn off to the country as a whole...i invite all mikes readers to comment on this..thanks

  4. I don't think anyone really gives a crap about your comments, but I figured you were spending some time on vacation at a sanatorium.

  5. why are you so angry mike?

  6. You must be a psychologist in real life. There is nothing that I say that is angry. I lay out facts. I laugh when I see your comments because they tend to be so ridiculous (and angry)

  7. i find my comments similiar to the minority leader of the gop..rush limbaugh..his antics you accept and reveal in and mine you have no patience for...???what gives...and calm down take a 1/2 and mellow down...calling me names is not your m.o

  8. Okay. I just ate 1/2 a grapefruit and I'm calm. I must have been having a hypo-glycemic reaction.

    The only name I called you was psychologist which last time I looked wasn't a name. But I'll be more carefull. I see you are very sensitive.

  9. now your talking mike..i can almost see us being friends 1 day...