Category Archives: Economy

Harriet Tubman Wins Poll To Be On $20 Bill

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New York Times Says President Obama’s Stimulus Is Working

The New York Times reported on its front page this morning that the jobs report suggested that the recession was ending, but the recovery will be characterized by still rising unemployment even though the unemployment rate dipped by one tenth of a percent in July.  All good news For President Barack Obama was polling rates went up to 58%.

The most hopeful jobs report since last summer suggested Friday that the  recession was ending, but the recovery will be marked by a still-rising unemployment rate and tens of thousands of job losses each month until next year.

stimulus

Right Wingers/Republicans Support Disruption In Fight For Health Care Reform

This is a small sample of the extreme violence that is being condoned by Republicans and right wingers in the fight for health care reform.

It’s getting ugly out there.

All across the country, right-wing extremists are disrupting congressional town-hall meetings with venomous attacks on President Obama’s plans for health care and clean energy.

  • Last night in Tampa, Florida, a town hall meeting erupted into violence, with the police being called to break up fist fights and shoving matches.1
  • A Texas Democrat was shouted down by right-wing hecklers, many of whom admitted they didn’t even live in his district.
  • One North Carolina representative announced he wouldn’t be holding any town-hall meetings, because of safety concerns.
  • And in Maryland, protesters hung a Democratic congressman in effigy to oppose health-care reform.4

We’ve got a plan to fight back against these radical right-wingers. We’ve hired skilled grassroots organizers who are working with thousands of local volunteers to show Congress that ordinary Americans continue to support President Obama’s agenda for change.

President Obama Introduces His Budget

President Barack Obama introduced a very aggressive budget  with highlight that include  $250  Billion set aside as a placeholder for the banking industry, in the event that President Obama decides to ask congress for more money.

The budget include billions of dollars in revenue starting 2012 and lasting many years from greenhouse gas emissions trading systems, an Obama administration key proposal to fight global warming.

The budget includes a 10 year, $634 billion reserve fund to help pay for the presidents proposed health care reforms.  In additions funds are  being set aside for public works projects which are designed to jump start the economy and of course tax cuts for the  US middle class are included in the proposal.

Obama Outlines Priority Budget Plans

President Barack Obame introduced a very aggressive budget  with highlight that include  $250  Billion set aside as a placeholder for the banking industry, in the event that President Obama decides to ask congress for more money.

The budget include billions of dollars in revenue startin gin 2012 and lasting many years from greenhouse gas emissions trading systems, an Obama adminstration key proposal to fight global warming.

The budget includes a 10 year, $634 billion reserve fund to help pay for the presidents proposed health care reforms.  In additions funds are  being set aside for public works projects which are designed to jump start the economy and of course tax cuts for the  US middle class are included in the proposal.

Network To Help Each Other In Job Search

If you lost your job, and today we learned that there are 3.6 million Americans who have lost their jobs, then join the club. It is growing daily. Now is the time for congress to act and pass the stimulus package. How many resumes have you sent out?  Day after day, people are sending out resumes, knocking on doors. The trouble is each day job seekers are forced to compete with another 500,000 workers who are doing the same thing…… knocking on doors.

I want to hear your story, perhaps we can network with other right here are this blog. Recruiters take not everyone needs a job. This is a totally bad economy. There are 3.5 million people who need to find a way to provide income for their families.

Lets do something ourselves. If you have networking suggestions. If you know suggestions on how to go about finding a job. I would like to hear from you. I will do my part by providing more suggestions to those of us who are struggling right now to find work.

Republicans Are Holding Up Progress

Republicans continue to be Republicans. You know, same old story, no taxes, less spending. They never care about people who are struggling, who have been laid off, no job. Perhaps Republican don’t know what it means to be laid off. They don’t   know what it means to be in danger of losing their house. They don’t know what it means to be targeted to lose their jobs, because they can always go to somewhere else and get another job.

The America people have spoken. They want the stimulus plan. Republicans as usual stand in the way of progress.  Republicans got us into this mess, now they are holding up progress.

Obama Did The Right Thing To Put a Cap On Salaries of $550,000- It’s Enough

It a new day and a new climate for Wall Street firms. If you are going to accept tax payer money, there will be strings attached. It is corporate welfare.  You take our money, then you have to be responsible how you spend the money. There will  consequences.   If you take bail out money, you will need to be accountable.  The cap is at $550,000 per year, the pundits are saying this is not a lot of money for an executive to  make.  Sounds like a lot to me. What about the rest of us who are making  maybe a tenth of that?

Come on, give me a break.  It’s our money, you don’t like it, then leave.  It is accoutability.  There is no credibility and there is no confidence in Wall Street. Banks are taking junkets, spending year end bonus on some far away location.  Many are saying that the talent may leave because they can’t make the money.  I guess they need to make the free enterprise system work for itself…. Find a new job.

Stimulus Package Explained Via Community Meetings

The economic crisis is growing more serious every day, and the time for action has come.

Last week, the House of Representatives passed the American Recovery
and Reinvestment Act, which will jumpstart our economy and put more
than 3 million people back to work.

I hope to sign the recovery plan into law in the next few weeks. But I need your help to spread the word and build support.

It’s not enough for this bill to simply pass Congress. Americans need
to know how it will affect their lives — they need to know that help
is on the way and that this administration is investing in economic
growth and stability.

Governor Tim Kaine has agreed to record a video outlining the recovery
plan and answering questions about what it means for your community.
You can submit your questions online and then invite your friends,
family, and neighbors to watch the video with you at an Economic
Recovery House Meeting.

Join thousands of people across the country by hosting or attending an Economic Recovery House Meeting this weekend.

The stakes are too high to allow partisan politics to get in the way.

That’s why I’ve consulted with Republicans as well as Democrats to put together a plan that will address the crisis we face.

I’ve also taken steps to ensure an unprecedented level of transparency
and accountability. Once it’s passed, you will be able to see how every
penny in this plan is being spent.

You can help restore confidence in our economy by making sure your
friends, family, and neighbors understand how the recovery plan will
impact your community.

Sign up to host or attend an Economic Recovery House Meeting and submit your question for the video now:

http://my.barackobama.com/recovery

Our ability to come together as a nation in difficult times has never been more important.

I know I can rely on your spirit and resolve as we lead our country to recovery.

Thank you,

P.S. — If you can’t host or attend an Economic Recovery House Meeting,
you can still submit your questions for Governor Kaine and then share
the video with your friends and family this weekend. Learn more here:

http://my.barackobama.com/recovery