Denham admits he will get nothing done. No casino for North Fork Rancheria. No High Speed Rail for California. Denham says his goal is to save money and return to 2006.
Hmmmmm. 2006 .....Bush was president and Wall Street corruption and greed was at its peak. In 2006 large corporations were scamming the public and over-extended, sending jobs and American money abroad...and California had been fending off bankruptcy for about ten years with increased borrowing. In 2006, Madoff was a hero.
Denham's idea, more roads and maybe in 6 years....
Goodwin looking GREAT right now.
Showing posts with label Tuolumne. Show all posts
Showing posts with label Tuolumne. Show all posts
Monday, April 11, 2011
Saturday, March 26, 2011
Why Japanese meltdown means lower U.S. mortgage rates
by Peter Miller
Japan, the world’s third-largest economy, has been hit with an unprecedented series of tragedies. One result from these unfortunate events is likely to be continuing low mortgage rates for those in the U.S.
A massive earthquake and a tsunami of astonishing force have lead to thousands of deaths as well as enormous property losses. Reports indicate that damages could total over $100 billion.
Failures at the Fukushima nuclear facilities have brought on a separate set of problems. At this point, several reactors have been lost and the ultimate extent of the ensuing environmental damage is unknown.
Impacting the bond market
One by-product of the tragedies in Japan has been a massive sell off of stocks and the massive purchase of bonds.
Why bonds?
Bonds pay a given rate of interest. Investors know exactly what return they can expect with bonds and that bond returns have some certainty in troubled times. Alternatively, corporate profits are less certain and so are stocks.
Bond pricing
More demand means bond prices are rising. As bond prices rise, interest rates go down.
For example: Imagine you can pay $100 for a bond that yields 3 percent. Demand for bonds increases and you can sell the bond for $105. This means that while the bond still pays 3 percent, the yield has declined. The new owner is paying $105 to obtain $3 in income, a yield of 2.86 percent.
Or, imagine if the bond sold for $98. It would still pay a $3 dividend but the yield would increase to 3.06 percent because it now takes less money to get the $3 dividend.
Mortgages
Investors can put their money into bonds and they can also invest in mortgages. To investors, 10-year bonds and 30-year mortgages have a lot of similarities — the reason 30-year mortgages compare with 10-year bonds is that very few mortgages last 10 years.
The result is this: If interest rates for bonds go down, the same will happen with mortgage rates (and vice versa).
The usual thinking has been that interest rates would rise in 2011 because the economy was (and is) showing modest signs of “recovery,” or at least some improvement from the depths of misery seen in 2008. Now, however, all bets are off.
As a result of the earthquake, the tsunami, a volcanic eruption and the nuclear meltdowns, Japanese funds that might have been spent on U.S. goods will instead go for infrastructure and repairs. Productivity will be lost and with it income and savings. Less business activity suggests lower corporate profits, a reduced need for oil and therefore some reason to buy bonds.
The Federal Reserve says, “low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.”
Translation: Given the historically-low mortgage rates seen last year, it’s been difficult to believe that interest levels would remain so low but here we are despite rising fuel and food prices. It now seems possible that today’s mortgage rates will settle around or below 5 percent for at least the next several months — a window of opportunity for those who wish to purchase or refinance mortgages
by Peter Miller
Japan, the world’s third-largest economy, has been hit with an unprecedented series of tragedies. One result from these unfortunate events is likely to be continuing low mortgage rates for those in the U.S.
A massive earthquake and a tsunami of astonishing force have lead to thousands of deaths as well as enormous property losses. Reports indicate that damages could total over $100 billion.
Failures at the Fukushima nuclear facilities have brought on a separate set of problems. At this point, several reactors have been lost and the ultimate extent of the ensuing environmental damage is unknown.
Impacting the bond market
One by-product of the tragedies in Japan has been a massive sell off of stocks and the massive purchase of bonds.
Why bonds?
Bonds pay a given rate of interest. Investors know exactly what return they can expect with bonds and that bond returns have some certainty in troubled times. Alternatively, corporate profits are less certain and so are stocks.
Bond pricing
More demand means bond prices are rising. As bond prices rise, interest rates go down.
For example: Imagine you can pay $100 for a bond that yields 3 percent. Demand for bonds increases and you can sell the bond for $105. This means that while the bond still pays 3 percent, the yield has declined. The new owner is paying $105 to obtain $3 in income, a yield of 2.86 percent.
Or, imagine if the bond sold for $98. It would still pay a $3 dividend but the yield would increase to 3.06 percent because it now takes less money to get the $3 dividend.
Mortgages
Investors can put their money into bonds and they can also invest in mortgages. To investors, 10-year bonds and 30-year mortgages have a lot of similarities — the reason 30-year mortgages compare with 10-year bonds is that very few mortgages last 10 years.
The result is this: If interest rates for bonds go down, the same will happen with mortgage rates (and vice versa).
The usual thinking has been that interest rates would rise in 2011 because the economy was (and is) showing modest signs of “recovery,” or at least some improvement from the depths of misery seen in 2008. Now, however, all bets are off.
As a result of the earthquake, the tsunami, a volcanic eruption and the nuclear meltdowns, Japanese funds that might have been spent on U.S. goods will instead go for infrastructure and repairs. Productivity will be lost and with it income and savings. Less business activity suggests lower corporate profits, a reduced need for oil and therefore some reason to buy bonds.
The Federal Reserve says, “low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.”
Translation: Given the historically-low mortgage rates seen last year, it’s been difficult to believe that interest levels would remain so low but here we are despite rising fuel and food prices. It now seems possible that today’s mortgage rates will settle around or below 5 percent for at least the next several months — a window of opportunity for those who wish to purchase or refinance mortgages
Sunday, February 06, 2011
FRESNO BEE LIES TO GET HMONG EMOTIONAL APPROVAL
FRESNO BEE GOES FOR RACISM AND LIES TO CUT MINORITIES
The Fresno Bee printed that the "Obama Administration" denied General Vang Pao the honor of burial at Arlington Cemetery..
The TRUTH is that President Obama's administration had nothing to do with the denial that was presented at General Vang Pao's funeral on February 5th. The decision to deny General Vang Pao was based on a decision by the white generals who oversee the military cemetery. President Obama does not select who is buried at Arlington, he is busy with a few actual wars.
The Fresno Bee struck a low blow to inject racial hatred against President Obama into the decision. Also it shows that these valley republican newspapers are prone to lie in order to get public sentiment on their side. We certainly can not trust what we read in the Fresno Bee or the Modesto Bee.
The TRUTH is that the burial issue will eventually come before President Obama, after the Hmongs appeal this decision by the generals. Amazing as it may seem, President Obama does not even handle the first appeal, so the next decision will also be made by a military review committee. Eventually, the issue will reach the President - but it will be months because the military has a policy of following the "chain of command" and you can not circumvent the process.
The Hmong community understands the truth and will not be deceived by cheap political antics by the Fresno Bee.
See: Youtube: CentralValleyCd19 (posted today - 2/6/2011)
The Fresno Bee printed that the "Obama Administration" denied General Vang Pao the honor of burial at Arlington Cemetery..
The TRUTH is that President Obama's administration had nothing to do with the denial that was presented at General Vang Pao's funeral on February 5th. The decision to deny General Vang Pao was based on a decision by the white generals who oversee the military cemetery. President Obama does not select who is buried at Arlington, he is busy with a few actual wars.
The Fresno Bee struck a low blow to inject racial hatred against President Obama into the decision. Also it shows that these valley republican newspapers are prone to lie in order to get public sentiment on their side. We certainly can not trust what we read in the Fresno Bee or the Modesto Bee.
The TRUTH is that the burial issue will eventually come before President Obama, after the Hmongs appeal this decision by the generals. Amazing as it may seem, President Obama does not even handle the first appeal, so the next decision will also be made by a military review committee. Eventually, the issue will reach the President - but it will be months because the military has a policy of following the "chain of command" and you can not circumvent the process.
The Hmong community understands the truth and will not be deceived by cheap political antics by the Fresno Bee.
See: Youtube: CentralValleyCd19 (posted today - 2/6/2011)
Friday, February 04, 2011
DO WE WANT ANOTHER LARGE CASINO?
Article from ABC30 Website:
Shannon Handy
More: Bio, Articles by Shannon Handy, News Team
FRESNO, Calif. -- Hundreds gathered in Prather Wednesday to share their opinions on a proposed Vegas-style Indian casino to be built in the Fresno County foothills.
The "Big Sandy Casino" would be located off Auberry and Millerton Roads.
On Wednesday, supporters and critics got a chance to talk about the newly released environmental impact statement. More than fifty people got up and spoke during the public meeting.
Those who support the project say it will benefit the local economy, but opponents aren't sure if valley residents can support another casino.
A standing room only crowd packed into Foothill Middle School's auditorium in Prather Wednesday night.
For nearly three hours, representatives from the Bureau of Indian Affairs listened as valley residents voiced their thoughts on the proposed construction of Big Sandy, a $250 million casino near the town of Friant.
Concerns included the project's affect on the local water supply. "I'd like to know how this is going to impact the residents in the local area with their water."
Others, like Rachelle Bedwall of Clovis question the casino's sustainability. "There's already a casino real close and so I don't think it can support two casinos."
Many in the crowd cheered whenever supporters talked about the more than 1500 jobs the 48 acre project would bring to the area.
Eddie Clement said, "It is gonna have the ability to give people career, as well as the construction industry on the build."
The Big Sandy Rancheria announced plans to build the casino in 2004. A switch in development partners initially delayed the project. But, now another claim may delay it even more.
Table Mountain, a casino located about a mile from the proposed site, argues part of the land Big Sandy wants to use is a sacred burial ground.
Big Sandy, however, says that claim is based more on competition than facts.
Loretta Tuell said, "And we believe it is a historic ancient village with many burials with many pounding rocks, with many issues you can't litigate very easily."
John Peebles said, "I think there's a real concern on Table Mountain, members and their leadership that they will have a substantial reduction in income which will affect their quality of life. It's economics."
At this point, no public meetings are scheduled in the near future. But, you have until March 28th to send in a comment about the environmental impact statement
Article from ABC30 Website:
Shannon Handy
More: Bio, Articles by Shannon Handy, News Team
FRESNO, Calif. -- Hundreds gathered in Prather Wednesday to share their opinions on a proposed Vegas-style Indian casino to be built in the Fresno County foothills.
The "Big Sandy Casino" would be located off Auberry and Millerton Roads.
On Wednesday, supporters and critics got a chance to talk about the newly released environmental impact statement. More than fifty people got up and spoke during the public meeting.
Those who support the project say it will benefit the local economy, but opponents aren't sure if valley residents can support another casino.
A standing room only crowd packed into Foothill Middle School's auditorium in Prather Wednesday night.
For nearly three hours, representatives from the Bureau of Indian Affairs listened as valley residents voiced their thoughts on the proposed construction of Big Sandy, a $250 million casino near the town of Friant.
Concerns included the project's affect on the local water supply. "I'd like to know how this is going to impact the residents in the local area with their water."
Others, like Rachelle Bedwall of Clovis question the casino's sustainability. "There's already a casino real close and so I don't think it can support two casinos."
Many in the crowd cheered whenever supporters talked about the more than 1500 jobs the 48 acre project would bring to the area.
Eddie Clement said, "It is gonna have the ability to give people career, as well as the construction industry on the build."
The Big Sandy Rancheria announced plans to build the casino in 2004. A switch in development partners initially delayed the project. But, now another claim may delay it even more.
Table Mountain, a casino located about a mile from the proposed site, argues part of the land Big Sandy wants to use is a sacred burial ground.
Big Sandy, however, says that claim is based more on competition than facts.
Loretta Tuell said, "And we believe it is a historic ancient village with many burials with many pounding rocks, with many issues you can't litigate very easily."
John Peebles said, "I think there's a real concern on Table Mountain, members and their leadership that they will have a substantial reduction in income which will affect their quality of life. It's economics."
At this point, no public meetings are scheduled in the near future. But, you have until March 28th to send in a comment about the environmental impact statement
Monday, January 31, 2011
Reprinted from POLITICO
JAKE SHERMAN | 1/31/11 9:14 AM EST
Rep. Jeff Denham (R-Calif.) caught lots of flak earlier this year for hosting a swank, rock ‘n’ roll fundraiser months after his freshman class was swept to Washington after promising a renewed commitment to frugality and economic restraint.
And all that ire was before the nearly $80,000 in expenses was disclosed.
The night before lawmakers were sworn in, the first-term congressman’s political action committee appears to have doled out $25,000 to have LeAnn Rimes perform in Washington at the W Hotel for an event that raised eyebrows in both Republican and Democratic circles.
The PAC paid the W Hotel $22,000 for catering and lights, and audio services ran up a $5,000 tab. It also paid $10,000 for “floral expense and event design.”
It was a particularly bizarre event, even by Washington standards. Denham invited the media to the W Hotel before the event, where he vowed that “we’re conservatives but that doesn’t mean we can’t have fun.”
“Obviously this isn’t just about raising money, this is about having a good time,” Denham said to reporters before the fundraiser. “We have a great entertainer here in Grammy Award-winner LeAnn Rimes. And we’re excited about that, and excited about the event tonight.” Reporters were not permitted to attend the fundraiser itself.
The money that the PAC raised hardly covered the cost of the event — it took in $85,000. The San Manuel Band of Mission Indians donated $50,000 to the committee, and the Morongo Band of Mission Indians Native donated $25,000. Blue Shield of California’s PAC chipped in $5,000 and the American Association of Clinical Urologists and a Tennessee-based donor gave $2,500 each.
Although Denham was the face of the event, the political action committee raises money for a slew of first-term Republicans, including Reps. Scott DesJarlais (Tenn.), Robert Dold (Ill.), Renee Ellmers (N.C.), Jeff Landry (La.), Tom Marino (Pa.), Tom Reed (N.Y.), David Rivera (Fla.), Jon Runyan (N.J.), Steve Southerland (Fla.), Marlin Stutzman (Ind.) and Kevin Yoder (Kan.
Read more: http://www.politico.com/news/stories/0111/48487.html#ixzz1CdRE69JZ
JAKE SHERMAN | 1/31/11 9:14 AM EST
Rep. Jeff Denham (R-Calif.) caught lots of flak earlier this year for hosting a swank, rock ‘n’ roll fundraiser months after his freshman class was swept to Washington after promising a renewed commitment to frugality and economic restraint.
And all that ire was before the nearly $80,000 in expenses was disclosed.
The night before lawmakers were sworn in, the first-term congressman’s political action committee appears to have doled out $25,000 to have LeAnn Rimes perform in Washington at the W Hotel for an event that raised eyebrows in both Republican and Democratic circles.
The PAC paid the W Hotel $22,000 for catering and lights, and audio services ran up a $5,000 tab. It also paid $10,000 for “floral expense and event design.”
It was a particularly bizarre event, even by Washington standards. Denham invited the media to the W Hotel before the event, where he vowed that “we’re conservatives but that doesn’t mean we can’t have fun.”
“Obviously this isn’t just about raising money, this is about having a good time,” Denham said to reporters before the fundraiser. “We have a great entertainer here in Grammy Award-winner LeAnn Rimes. And we’re excited about that, and excited about the event tonight.” Reporters were not permitted to attend the fundraiser itself.
The money that the PAC raised hardly covered the cost of the event — it took in $85,000. The San Manuel Band of Mission Indians donated $50,000 to the committee, and the Morongo Band of Mission Indians Native donated $25,000. Blue Shield of California’s PAC chipped in $5,000 and the American Association of Clinical Urologists and a Tennessee-based donor gave $2,500 each.
Although Denham was the face of the event, the political action committee raises money for a slew of first-term Republicans, including Reps. Scott DesJarlais (Tenn.), Robert Dold (Ill.), Renee Ellmers (N.C.), Jeff Landry (La.), Tom Marino (Pa.), Tom Reed (N.Y.), David Rivera (Fla.), Jon Runyan (N.J.), Steve Southerland (Fla.), Marlin Stutzman (Ind.) and Kevin Yoder (Kan.
Read more: http://www.politico.com/news/stories/0111/48487.html#ixzz1CdRE69JZ
Tuesday, January 18, 2011
SARGENT SHRIVER DIES AT AGE 95
Sargent Shriver, a former Peace Corps director and Democratic vice presidential candidate, has died at Suburban Hospital in Bethesda, Maryland. Sargent Shriver has suffered from Alzheimer's disease for many years and has been the foundation for a lot of fundraising and advanced medical research for the degenerative disease. Shriver was also the founder of the Special Olympics and The Peace Corps which, since the Kennedy years, allowed citizens to help impoverished communities abroad.
Recently the Peace Corps has come under fire for placing Corps volunteers in areas which were dangerous without any protection. Volunteers tell stories of violent rapes and murders of Corps volunteers by community members.
Although the Peace Corps may be too dangerous for young volunteers in many areas, the Special Olympics is still going strong.
Wednesday, January 05, 2011
HOMELESS ANNOUNCER FINDS EMPLOYMENT
Ted Williams, a homeless man begging for money was YouTubed discussing his former career as a radio announcer. He was doing well, but fell into drugs and alcohol. Now, stating he is 2 years clean, he wants to return to radio announcing. Today he was featured on all of the morning talk shows and he will do some TV shows tomorrow. GOOD LUCK Ted. I hope you have a lucretive future career in radio. Look, Rush Limbaugh has been on illegal drugs for years and he has kept his radio job - so can you Ted. I will watch you tomorrow on TODAY show.
Ted Williams, a homeless man begging for money was YouTubed discussing his former career as a radio announcer. He was doing well, but fell into drugs and alcohol. Now, stating he is 2 years clean, he wants to return to radio announcing. Today he was featured on all of the morning talk shows and he will do some TV shows tomorrow. GOOD LUCK Ted. I hope you have a lucretive future career in radio. Look, Rush Limbaugh has been on illegal drugs for years and he has kept his radio job - so can you Ted. I will watch you tomorrow on TODAY show.
Sunday, December 19, 2010
JOIN US IN EDUCATION REFORM
A new report that showed a nearly 3 percentage point jump – from 18.9 percent to 21.7 percent – in California’s high school dropout rate from 2007-08 to 2008-09 triggered alarmed headlines around the state. Locally, however, the concern had an additional dimension: Data showing San Diego County’s dropout rate increased from 17.1 percent to 20.4 percent from 2007-08 to 2008-09 may not be accurate because figures for San Diego Unified, by far the county’s largest school district, were in doubt. Why? The district’s dropout rate inexplicably soared from 9.2 percent to 23.5 percent.
Send your name and email address to: saveourvalley@hotmail.com. List your special concerns.
A new report that showed a nearly 3 percentage point jump – from 18.9 percent to 21.7 percent – in California’s high school dropout rate from 2007-08 to 2008-09 triggered alarmed headlines around the state. Locally, however, the concern had an additional dimension: Data showing San Diego County’s dropout rate increased from 17.1 percent to 20.4 percent from 2007-08 to 2008-09 may not be accurate because figures for San Diego Unified, by far the county’s largest school district, were in doubt. Why? The district’s dropout rate inexplicably soared from 9.2 percent to 23.5 percent.
Send your name and email address to: saveourvalley@hotmail.com. List your special concerns.
Saturday, December 18, 2010
SOUTH KOREA SAVING FACE
South Korea says it will go ahead with one day of live ammunition military drills early next week. The North Koreans are threatening to blast the South even harder than it did on November 23rd, if the South goes ahead with the drills.
The South responded it has to go through with the drills due to their poor response to the North's assault on the 23rd in order to save face.
The North has numerous problems and has little to lose from future battles. This is where sounds minds must intervene.
South Korea says it will go ahead with one day of live ammunition military drills early next week. The North Koreans are threatening to blast the South even harder than it did on November 23rd, if the South goes ahead with the drills.
The South responded it has to go through with the drills due to their poor response to the North's assault on the 23rd in order to save face.
The North has numerous problems and has little to lose from future battles. This is where sounds minds must intervene.
BARBARA WILLING TO PAY TO GET FEDS OFF HER CASE WITH MADOFF
Jeffery Picower, perhaps a secret partner of Maddoff was paid billions. Jeffery, age 67, died in his Palm Beach mansion swimming pool last year, Today, his widow, Barbara, has announced to federal courts she would return $7.2 BILLION DOLLARS that Jefferey got from Madoff. Madoff, of course, is in prison. Jeffery was under investigation for his part in the Ponzi scheme.
The return of the BILLIONS means Madoff's victims may get 1/2 or more of their investment losses back as a settlement. Some victims have taken jobs as maids due to Madoff's scams. Don't cry for Barbara. Her husbands invetments on the money increased their booty thousands of times. Maybe she should shell out more.
Jeffery Picower, perhaps a secret partner of Maddoff was paid billions. Jeffery, age 67, died in his Palm Beach mansion swimming pool last year, Today, his widow, Barbara, has announced to federal courts she would return $7.2 BILLION DOLLARS that Jefferey got from Madoff. Madoff, of course, is in prison. Jeffery was under investigation for his part in the Ponzi scheme.
The return of the BILLIONS means Madoff's victims may get 1/2 or more of their investment losses back as a settlement. Some victims have taken jobs as maids due to Madoff's scams. Don't cry for Barbara. Her husbands invetments on the money increased their booty thousands of times. Maybe she should shell out more.
DADT - DON'T ASK DON'T TELL OUT
With 63 votes today in the Senate, Don’t Ask, Don’t Tell is on the way to the dustbin of history. Now the military and the soldiers must adjust. DADT was a waste of valuable service men and women who had been trained for specific duties and skills, but once accused of homosexuality, were tossed out of the military and all of that training was lost.
With 63 votes today in the Senate, Don’t Ask, Don’t Tell is on the way to the dustbin of history. Now the military and the soldiers must adjust. DADT was a waste of valuable service men and women who had been trained for specific duties and skills, but once accused of homosexuality, were tossed out of the military and all of that training was lost.
Friday, December 17, 2010
RESCUERS OF 9/11 GET NO MONEY
Our Congress failed to give our national rescuers medical care and financial relief for injuries incurred during the 9/11 terrorist attacks. The Republicans said they would not pass the bill because they would not agree to pay for it by taxing foreign corporations.
While Republicans denied financial help to the rescuers of 9/11 who suffer year-after-year from any diseases from toxins encountered in days following the attacks, they did fight hard for tax cuts for multi-millionaires and billionaires. The legislation would have provided $7 billion for medical and other financial needs.The Republicans said would not tax foreign corporations - so the deaths and suffering continue.
This issue will have to wait for the new Congress in 2011.
Our Congress failed to give our national rescuers medical care and financial relief for injuries incurred during the 9/11 terrorist attacks. The Republicans said they would not pass the bill because they would not agree to pay for it by taxing foreign corporations.
While Republicans denied financial help to the rescuers of 9/11 who suffer year-after-year from any diseases from toxins encountered in days following the attacks, they did fight hard for tax cuts for multi-millionaires and billionaires. The legislation would have provided $7 billion for medical and other financial needs.The Republicans said would not tax foreign corporations - so the deaths and suffering continue.
This issue will have to wait for the new Congress in 2011.
ADDICTION TREATMENT FOR YOU
ADDICTION TREATMENT
Need help starting a clean path away from addiction?
We help with all types of addictions including; drug, alcohol, gambling, sex, eating disorders and more...
We also treat mood disorders.
No need to wait CALL 559-974-2855 or 209-315-5510
Email: vragg@hotmail.com with subject line "addiction help"
We also provide outpatient and inpatient services.
Credit cards accepted.
Medical Insurance may reimburse you for treatments.
Students OK
If YOU are ready to PARTICIPATE, we will support you ALL THE WAY.
*Suboxone certified
CALL 559-974-2855 or 209-315-5510 TODAY!!
Email: vragg@hotmail.com
ADDICTION TREATMENT
Need help starting a clean path away from addiction?
We help with all types of addictions including; drug, alcohol, gambling, sex, eating disorders and more...
We also treat mood disorders.
No need to wait CALL 559-974-2855 or 209-315-5510
Email: vragg@hotmail.com with subject line "addiction help"
We also provide outpatient and inpatient services.
Credit cards accepted.
Medical Insurance may reimburse you for treatments.
Students OK
If YOU are ready to PARTICIPATE, we will support you ALL THE WAY.
*Suboxone certified
CALL 559-974-2855 or 209-315-5510 TODAY!!
Email: vragg@hotmail.com
Friday, December 10, 2010
The top 0.1 % of top 1 % of wealthiest people in America earn 11 % of US income. The gap between rich and middle class is growing much wider. This is an economic and a moral issue. Meanwhile, under President Bush, the federal deficits soared and the tax rates went DOWN. The top 1% of income earners had their taxes cut in half...paid hundreds of thousands of dollars LESS. One quarter of the kids in the US are on food stamps. The top 10% of of American earners, earned more than the remaining 90%.
President Bush inherited a huge federal surplus. The war in Iraq will cost $300 trillion and add to the national debt. The Bush tax cuts added to the national debt by cutting taxes for wealthy, but had no way to pay back that loss of federal funds, When Bush left office in 2009, there was a $10 trillion federal deficit. That deficit has now grown to almost $14 trillion today due to the Wall Street and banking collapse and bail-outs of 2007-2009.
The banks it on huge amounts of bail-out money and do not lend because Americans are now not credit-worthy after huge numbers of Americans had credit ratings lowered with mortgage fraud and bankruptcy.
President Bush inherited a huge federal surplus. The war in Iraq will cost $300 trillion and add to the national debt. The Bush tax cuts added to the national debt by cutting taxes for wealthy, but had no way to pay back that loss of federal funds, When Bush left office in 2009, there was a $10 trillion federal deficit. That deficit has now grown to almost $14 trillion today due to the Wall Street and banking collapse and bail-outs of 2007-2009.
The banks it on huge amounts of bail-out money and do not lend because Americans are now not credit-worthy after huge numbers of Americans had credit ratings lowered with mortgage fraud and bankruptcy.
Wednesday, December 08, 2010
ELZABETH EDWARDS FAREWELL TO A NINJA WARRIOR
Elizabeth Edwards ended a exciting life story on December 7th. At the young age of 61, her body could take no more. As a young woman, Elizabeth took the hard road of college and then law school. She had her own legal practice. She was clearly a role model and a pioneer for the education of women. Her daughter also became an attorney. Her oldest son died. In her late forties, she decided to have two more children - perhaps this was a stimulus to her eventually developing her fatal breast cancer.
Elizabeth was a ninja. She could swing the sword and dodge an attack. Her beauty in her youth is undeniable and she carried her beauty and grace into her final years.
Unfortunately, with all of her accomplishments, she will be most remembered for her battle at home between her, her husband John and his sexual partner who John paid with our hard-earned public money. Yes, John was really a "John" paying for sex.
Confronted with her cancer Elizabeth came out swinging. She was fierce and she focused on the goal - beat the cancer and live for her family. She was not a victim. She learned to live with the diagnosis and the numerous negative comments she received from well-wishers and the media. Elizabeth was certain she was winning. She felt all were really on her side . She never expected her biggest opponent was lurking in the shadows, next to her on a daily basis and feeding her lies. In fact, she bravely committed to continuing in the wife role to have John elected as President of the United States. She told all of us he was honest and the best man for the job. Little did she know the truth. And it was all about to play out on televison - no where to hide. No dignity left. Humiliation as a wife, mother and work partner. She was supposed to know John thoroughly…she was his wife. Sneaking, surreptitiously John crept and her soul and spirit were exposed and vulnerable...sharing the house, the food, the bed and usurping her energy - energy she needed to fight the cancer.
When the possibility of an affair arose, Elizabeth acted, backed by her soul mate’s reassurance, to deny the possibility of such betrayal. She assured us John was honest and honorable. The sexual partner wanted some recognition, so she and John met in hotels to enjoy their baby. I’m sure she was taking secret pictures to ensure she had the evidence, if needed to entitle her to a significant future income.
When Elizabeth spoke with Oprah on TV, Elizabeth tried to separate herself from the problem, she was the mom and wife. She resented this other woman trying to come in and claim her life. Elizabeth said she worked hard for her life and this new woman would not be allowed to just come in and “takeover.” However, the demon spirit had let this other woman in. The woman could not have come in unless someone close to Elizabeth betrayed her in her time of greatest need. John opened the door and began a series of lies that created a web that sucked the life from Elizabeth.
Down, but not dead, Elizabeth rose. Injured and breathless, she stood weakly on her feet…she was on her own and her kids would be her only supporters. Oprah confronted John in the hallway of his house and questioned him about the affair. John had the look of hate and disgust as he tried to answer Oprah’s questions with his trained political grace. His eyes became squinty as he looked at Oprah, casting a negative ray towards the talk-show hostess. Oprah acted as if she did not notice, but if he could have, John would have given her a left to the head. He was still playing the southern gentleman role. Meanwhile, Elizabeth struggled to grab onto any shreds of dignity she could find. Not yet finished, the other woman moves into a house near Elizabeth and John’s home on an island in South Carolina. Demons all and carrying an innocent baby…or a future mini demon. Only time will tell.
By now Elizabeth is gasping for air, crawling, begging for family support. "Tell this woman not to move next door on our island" - John is paying. Then the sex tapes. The other woman was gathering evidence against John and she, a professional photographer, had been taking videos of John having sex. These tapes were found by John’s campaign manager, who became involved in the cover-up. The campaign manager was dependent on John for income, so he told John he would claim to be the father of the baby and let the women hide at his house during the pregnancy. His wife agreed to the scheme. They decided to keep the tapes just in case John tried to abandon them in the end. Of course, John, as the demon, did just that and the existence of the tapes became public. John’s sexual partner claimed the tapes were stolen from the house; the campaign manager claimed the tapes were thrown in the trash and retrieved by his wife during a clean-up outside of her room.
Elizabeth’s story is not very unusual if you watch Jerry Springer or the Maury Povitch Show. It was unusual in that we saw every bit play out in public, because of the election coverage, and the parties were wealthy, educated, people in high level jobs…running for U.S. President. How bizarre.
It was not a surprise that Elizabeth died, but an honor to her strength and will to live so long and fight for every inch of respect she could gather.
As a woman, we understand her story and we pray for her soul. She is now with her son.
John and his girlfriend are probably off partying. For them too the ordeal is ending and, like Camilla Parker Bowles, after the death of Diana, the two of them can now devise a cover story and continue in a fake shroud of respect and normalcy.
God Bless You Elizabeth. We women will not forget. Surely, we will see this as a movie forever.
Elizabeth Edwards ended a exciting life story on December 7th. At the young age of 61, her body could take no more. As a young woman, Elizabeth took the hard road of college and then law school. She had her own legal practice. She was clearly a role model and a pioneer for the education of women. Her daughter also became an attorney. Her oldest son died. In her late forties, she decided to have two more children - perhaps this was a stimulus to her eventually developing her fatal breast cancer.
Elizabeth was a ninja. She could swing the sword and dodge an attack. Her beauty in her youth is undeniable and she carried her beauty and grace into her final years.
Unfortunately, with all of her accomplishments, she will be most remembered for her battle at home between her, her husband John and his sexual partner who John paid with our hard-earned public money. Yes, John was really a "John" paying for sex.
Confronted with her cancer Elizabeth came out swinging. She was fierce and she focused on the goal - beat the cancer and live for her family. She was not a victim. She learned to live with the diagnosis and the numerous negative comments she received from well-wishers and the media. Elizabeth was certain she was winning. She felt all were really on her side . She never expected her biggest opponent was lurking in the shadows, next to her on a daily basis and feeding her lies. In fact, she bravely committed to continuing in the wife role to have John elected as President of the United States. She told all of us he was honest and the best man for the job. Little did she know the truth. And it was all about to play out on televison - no where to hide. No dignity left. Humiliation as a wife, mother and work partner. She was supposed to know John thoroughly…she was his wife. Sneaking, surreptitiously John crept and her soul and spirit were exposed and vulnerable...sharing the house, the food, the bed and usurping her energy - energy she needed to fight the cancer.
When the possibility of an affair arose, Elizabeth acted, backed by her soul mate’s reassurance, to deny the possibility of such betrayal. She assured us John was honest and honorable. The sexual partner wanted some recognition, so she and John met in hotels to enjoy their baby. I’m sure she was taking secret pictures to ensure she had the evidence, if needed to entitle her to a significant future income.
When Elizabeth spoke with Oprah on TV, Elizabeth tried to separate herself from the problem, she was the mom and wife. She resented this other woman trying to come in and claim her life. Elizabeth said she worked hard for her life and this new woman would not be allowed to just come in and “takeover.” However, the demon spirit had let this other woman in. The woman could not have come in unless someone close to Elizabeth betrayed her in her time of greatest need. John opened the door and began a series of lies that created a web that sucked the life from Elizabeth.
Down, but not dead, Elizabeth rose. Injured and breathless, she stood weakly on her feet…she was on her own and her kids would be her only supporters. Oprah confronted John in the hallway of his house and questioned him about the affair. John had the look of hate and disgust as he tried to answer Oprah’s questions with his trained political grace. His eyes became squinty as he looked at Oprah, casting a negative ray towards the talk-show hostess. Oprah acted as if she did not notice, but if he could have, John would have given her a left to the head. He was still playing the southern gentleman role. Meanwhile, Elizabeth struggled to grab onto any shreds of dignity she could find. Not yet finished, the other woman moves into a house near Elizabeth and John’s home on an island in South Carolina. Demons all and carrying an innocent baby…or a future mini demon. Only time will tell.
By now Elizabeth is gasping for air, crawling, begging for family support. "Tell this woman not to move next door on our island" - John is paying. Then the sex tapes. The other woman was gathering evidence against John and she, a professional photographer, had been taking videos of John having sex. These tapes were found by John’s campaign manager, who became involved in the cover-up. The campaign manager was dependent on John for income, so he told John he would claim to be the father of the baby and let the women hide at his house during the pregnancy. His wife agreed to the scheme. They decided to keep the tapes just in case John tried to abandon them in the end. Of course, John, as the demon, did just that and the existence of the tapes became public. John’s sexual partner claimed the tapes were stolen from the house; the campaign manager claimed the tapes were thrown in the trash and retrieved by his wife during a clean-up outside of her room.
Elizabeth’s story is not very unusual if you watch Jerry Springer or the Maury Povitch Show. It was unusual in that we saw every bit play out in public, because of the election coverage, and the parties were wealthy, educated, people in high level jobs…running for U.S. President. How bizarre.
It was not a surprise that Elizabeth died, but an honor to her strength and will to live so long and fight for every inch of respect she could gather.
As a woman, we understand her story and we pray for her soul. She is now with her son.
John and his girlfriend are probably off partying. For them too the ordeal is ending and, like Camilla Parker Bowles, after the death of Diana, the two of them can now devise a cover story and continue in a fake shroud of respect and normalcy.
God Bless You Elizabeth. We women will not forget. Surely, we will see this as a movie forever.
Republicans Run Off with Loot
The first repercussions from the November General election are starting to surface
All Democrats support tax cuts for middle class Americans. But Democrats do not support welfare for the multi millionaires and billionaires in the form of tax cuts and relief from estate taxes for the super rich.
Immediately after the election the Republicans ran back to Washington, DC and proclaimed Americans have shown, via votes, that they want multimillionaires and billionaires to have an unlimited extension of tax cuts - and no discussion available because more Republicans are coming in 2011. To hold the President hostage, the Republicans said if the super wealthy did not get tax cuts, all people earning less than one million dollars will have their taxes raised too and those workers who were unemployed because of the economic crash caused by bankers, Wall Street and industrial executives, will no get unemployment compensation. While workers lost their jobs and benefits, most of those tycoons who caused the financial crash walked off with big federal payouts, often recouping 100% of their pay, benefits and bonuses with our dollars.
Now the Republicans are holding the middle class and our Democratic representatives hostage. President Obama has promised to end the tax breaks for the extremely wealthy, but the Republicans promise to ‘stick it” to the average American if he does. President Obama and all recognized economists see the economy improving, so the President does not want to stop middle class growth and spending by taking more family income via taxes. Democrats agree the middle class needs tax cuts and a growing economy with job creation. We have a $14 trillion national debt and the Republicans are forcing our government to increase the national debt by potentially $700 billion dollars and more - that means borrowing more money from China or the middle east - and less control of our government. Meanwhile, the mega wealthy who are getting these tax breaks are spending their money in China, Hong Cong, Taiwan, Pakistan and other foreign countries. Yes, and some of that money funnels back to corrupt officials, Al Qaeda and the Taliban and eventually is used against us in the U.S. in various ways including the illegal drug industry, and against our soldiers. Many U.S. soldiers are killed by weapons bought through the American money chain. The wealthy sell guns to all foreign combatants and the weapons kill our middle-class soldiers.
The Republican behavior is anti-American and reprehensible and we will have to deal with these issues over the next two years. President Obama has chosen not punish the American middle class - so he gave the mega wealthy their demanded tax cuts in exchange for a middle class tax cut extension and an 18 month continuation of unemployment benefits.
We will be debating the tax code and the national debt into 2012, but we must not allow a repeat recession, so the deal to continue to help the middle class must go through now because there will be more Republicans in Congress in January.
President Obama was given a Hobson’s choice. He chose to help the middle class and help the economy. The wealthy billionaires will ride the backs of you and me like drunken cowboys and we can only watch them run off with our money. But, the Central Valley voted to continue this Republican activity for the next two years, so I assume they are happy for the Republican tax cut victory.
Never has the gap between rich and poor been wider. It is the best of times (for the rich), it is the worst of times - eventually we taxpayers must pay in taxes for this booty to the wealthy.
The first repercussions from the November General election are starting to surface
All Democrats support tax cuts for middle class Americans. But Democrats do not support welfare for the multi millionaires and billionaires in the form of tax cuts and relief from estate taxes for the super rich.
Immediately after the election the Republicans ran back to Washington, DC and proclaimed Americans have shown, via votes, that they want multimillionaires and billionaires to have an unlimited extension of tax cuts - and no discussion available because more Republicans are coming in 2011. To hold the President hostage, the Republicans said if the super wealthy did not get tax cuts, all people earning less than one million dollars will have their taxes raised too and those workers who were unemployed because of the economic crash caused by bankers, Wall Street and industrial executives, will no get unemployment compensation. While workers lost their jobs and benefits, most of those tycoons who caused the financial crash walked off with big federal payouts, often recouping 100% of their pay, benefits and bonuses with our dollars.
Now the Republicans are holding the middle class and our Democratic representatives hostage. President Obama has promised to end the tax breaks for the extremely wealthy, but the Republicans promise to ‘stick it” to the average American if he does. President Obama and all recognized economists see the economy improving, so the President does not want to stop middle class growth and spending by taking more family income via taxes. Democrats agree the middle class needs tax cuts and a growing economy with job creation. We have a $14 trillion national debt and the Republicans are forcing our government to increase the national debt by potentially $700 billion dollars and more - that means borrowing more money from China or the middle east - and less control of our government. Meanwhile, the mega wealthy who are getting these tax breaks are spending their money in China, Hong Cong, Taiwan, Pakistan and other foreign countries. Yes, and some of that money funnels back to corrupt officials, Al Qaeda and the Taliban and eventually is used against us in the U.S. in various ways including the illegal drug industry, and against our soldiers. Many U.S. soldiers are killed by weapons bought through the American money chain. The wealthy sell guns to all foreign combatants and the weapons kill our middle-class soldiers.
The Republican behavior is anti-American and reprehensible and we will have to deal with these issues over the next two years. President Obama has chosen not punish the American middle class - so he gave the mega wealthy their demanded tax cuts in exchange for a middle class tax cut extension and an 18 month continuation of unemployment benefits.
We will be debating the tax code and the national debt into 2012, but we must not allow a repeat recession, so the deal to continue to help the middle class must go through now because there will be more Republicans in Congress in January.
President Obama was given a Hobson’s choice. He chose to help the middle class and help the economy. The wealthy billionaires will ride the backs of you and me like drunken cowboys and we can only watch them run off with our money. But, the Central Valley voted to continue this Republican activity for the next two years, so I assume they are happy for the Republican tax cut victory.
Never has the gap between rich and poor been wider. It is the best of times (for the rich), it is the worst of times - eventually we taxpayers must pay in taxes for this booty to the wealthy.
Tuesday, November 02, 2010
ELECT Loraine GoodWIN to Congress The Best Choice for Congress GoodWIN GoodWIN
Denham has said if he is elected he will go to DC and fight to get rid of health care. This will be a long battle and, since he has lost sight of the real problems, we will all lose as the insurance companies steadily increase premiums everyw months.
I do not want to encourage 2 years of endless party-based bickering.
Elect GoodWIN to Congress. GoodWIN will work for you by focusing only on CD 19 to increase jobs, cash and credit for businesses, improve education, and improve health care.
GoodWIN lives and works in CD 19. You would not elect someone from an outside community to your city council!!!
VOTE LORAINE GOODWIN for Congress GoodWIN GoodWIN GoodWIN GoodWIN
Denham has said if he is elected he will go to DC and fight to get rid of health care. This will be a long battle and, since he has lost sight of the real problems, we will all lose as the insurance companies steadily increase premiums everyw months.
I do not want to encourage 2 years of endless party-based bickering.
Elect GoodWIN to Congress. GoodWIN will work for you by focusing only on CD 19 to increase jobs, cash and credit for businesses, improve education, and improve health care.
GoodWIN lives and works in CD 19. You would not elect someone from an outside community to your city council!!!
VOTE LORAINE GOODWIN for Congress GoodWIN GoodWIN GoodWIN GoodWIN
MODESTO BEE and FRESNO BEE Fight to Keep Valley Poor and Uninformed....VOTE LORAINE GOODWIN for Congress
Modesto Bee and Fresno Bee want you to vote for the candidate that will help the rich guys - not YOU. Yes, When the newspapers said Denham was the choice and the Modesto Bee said Goodwin had too many degrees and they were confused by them - it was clear they were not working in the best interest of the readers. The Bees do not want to give good wages or provide health care for employees. In fact, they want you to elect the candidate who will get rid of health care for employees and not require a livable wage.
Denham wants to get rid of health care. Denham has never helped with health care, jobs. financial problems, etc. in his 8 years in office. Now people in the valley are being offered health care in warehouses - like a very poor third world country. This is not the American way and is unacceptable.
The Bees are making a lot of money for executives. In fact, they are now using BLOGGERS for articles, so they have even cut their editorial staffs. Bloggers are free. So, they fire writers and our valley unemployment increases. No, the newspapers do not care about you or your families.
ELECT LORAINE GOODWIN to Congress.
Modesto Bee and Fresno Bee want you to vote for the candidate that will help the rich guys - not YOU. Yes, When the newspapers said Denham was the choice and the Modesto Bee said Goodwin had too many degrees and they were confused by them - it was clear they were not working in the best interest of the readers. The Bees do not want to give good wages or provide health care for employees. In fact, they want you to elect the candidate who will get rid of health care for employees and not require a livable wage.
Denham wants to get rid of health care. Denham has never helped with health care, jobs. financial problems, etc. in his 8 years in office. Now people in the valley are being offered health care in warehouses - like a very poor third world country. This is not the American way and is unacceptable.
The Bees are making a lot of money for executives. In fact, they are now using BLOGGERS for articles, so they have even cut their editorial staffs. Bloggers are free. So, they fire writers and our valley unemployment increases. No, the newspapers do not care about you or your families.
ELECT LORAINE GOODWIN to Congress.
Monday, November 01, 2010
MODESTO BEE and FRESNO BEE LIE TO GET DENHAM INTO OFFICE FOR FINANCIAL GAIN....ELECT GOODWIN TO CONGRESS - GOOODWIN WILL FOCUS ON YOU
Don't let the rich newspaper owners tell you how to vote. They have health insurance and lots of cash. Vote for your own families and vote for jobs, financial reform, and health care.
We need to stop the fraud and abuse by financial institutions. Banks can make money by stealing businesses from families. Newspaper owners are invested in banks and make money when banks take your property.
Denham has not helped the valley in his 8 years in office. Do not elect Denham, a failed representative who refuses to debate issues with district residents. Denham will not disclose his financial interests with various California tribes, who wish to compete with an advantage over with tax-laden businesses. (Tribal businesses are tax exempt and can undercut regular business prices.)
Denham has not increased jobs over the past 3 years since the Wall Street downfall. Denham has done nothing to help residents with jobs or foreclosures. Elect a representative, Loraine Goodwin, who actually lives and works in our district and knows our concerns. GOODWIN will not lie about her whereabouts to avoid voters as Denham did when he lied twice to avoid election debates in Chowchilla and Fresno.
ELECT GOODWIN TO CONGRESS. To elect Denham is a crime in itself.
Don't let the rich newspaper owners tell you how to vote. They have health insurance and lots of cash. Vote for your own families and vote for jobs, financial reform, and health care.
We need to stop the fraud and abuse by financial institutions. Banks can make money by stealing businesses from families. Newspaper owners are invested in banks and make money when banks take your property.
Denham has not helped the valley in his 8 years in office. Do not elect Denham, a failed representative who refuses to debate issues with district residents. Denham will not disclose his financial interests with various California tribes, who wish to compete with an advantage over with tax-laden businesses. (Tribal businesses are tax exempt and can undercut regular business prices.)
Denham has not increased jobs over the past 3 years since the Wall Street downfall. Denham has done nothing to help residents with jobs or foreclosures. Elect a representative, Loraine Goodwin, who actually lives and works in our district and knows our concerns. GOODWIN will not lie about her whereabouts to avoid voters as Denham did when he lied twice to avoid election debates in Chowchilla and Fresno.
ELECT GOODWIN TO CONGRESS. To elect Denham is a crime in itself.
Monday, October 25, 2010
FRESNO DECLARED THIRD DUMBEST CITY IN NATION
FRESNO, Calif. (KFSN) -- Fresno has a new ranking on an online news website's list of America's smartest and dumbest cities.
According to the survey by the Daily Beast, Fresno ranks as the third dumbest city in the nation, behind San Antonio, Texas and Las Vegas, Nevada.
In their 2009 survey, the web site ranked Fresno as America's dumbest city in the survey of nation's largest population centers.
The web site said they ranked the cities based on the number of college degree holders and institutions of higher education. The web site's authors congratulated Fresno for moving up in this year's ranking.
Boston, Massachusetts topped the list of the top three smartest areas in the nation, Hartford-New Haven, Connecticut came in second, and the San Francisco Bay Area ranked third.
FRESNO, Calif. (KFSN) -- Fresno has a new ranking on an online news website's list of America's smartest and dumbest cities.
According to the survey by the Daily Beast, Fresno ranks as the third dumbest city in the nation, behind San Antonio, Texas and Las Vegas, Nevada.
In their 2009 survey, the web site ranked Fresno as America's dumbest city in the survey of nation's largest population centers.
The web site said they ranked the cities based on the number of college degree holders and institutions of higher education. The web site's authors congratulated Fresno for moving up in this year's ranking.
Boston, Massachusetts topped the list of the top three smartest areas in the nation, Hartford-New Haven, Connecticut came in second, and the San Francisco Bay Area ranked third.
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