Tag Archive | "debt"

Would These Be Good Attack Ads Against Barack Obama?


I think this ad by Romney is BRILLIANT copying obama’s 2008 “Fundamentals” ad: http://www.youtube.com/watch?v=8o8GSkkeXH0&feature=plcp
Here are some of my ideas:
1. Listen to Barack Obama in 2006: “Raising the debt limit is a sign of leadership failure”. Now the debt’s growing at $4 billion a day, at $16 trillion. In 2008: “If you don’t have anything to run on, you’re going to run nasty ads to scare voters about your opponent” And he’s run the most negative campaign in history. In 2009: “If I don’t get this done in 3 years, it’s going to be a one-term proposition” Oh really, Mr. President? We’ll take you up on that. “I’m Mitt Romney, and I approve this message.”
2. Radical Barack Obama was friends with terrorist Bill Ayers, who bombed the Pentagon, endangered millions of people, and said his only regret was that “he didn’t do enough”. His affiliate Tony Rezko is now facing years in prison for fraud charges. He’s endorsed by radical Muslim Louis Farakkhan who said that his goal was to destroy America. His own pastor, who baptized Obama’s children and preached to the Obamas for 20 years, Jeremiah Wright, said “God damn America” and called America “the US of KKK A”. And now, his trusted advisor, Cass Sustein, wants to ban all meat and allow animals full representation in court. Barack Obama: The more you know about him, the less you trust him. Too Radical. Too risky. Dead wrong for America. “I’m Mitt Romney and I approve this message”
3. Obama has added over $10,000 in debt for every American. He took over the banks, the auto companies, and then put government in charge of our healthcare. Gas prices have skyrocketed and unemployment has been above 8% for over 40 months. It’s time for a change. “I’m Mitt Romney, and I approve this message”
4. Barack Obama. Mitt Romney. Two men running for President with very different records. Mitt Romney worked at Bain capital, creating over 100,000 jobs. Barack Obama never really had a job. Under Romney’s leadership, Massachusetts had a 4.7% unemployment rate. Under Obama, America has had unemployment above 8% for 40 months. Romney supports the Keystone Pipeline to create jobs and lower gas prices. Obama not only opposes the Keystone Pipeline, he personally blocked the plan that would’ve created 100,000 jobs right now. The choice is clear. Mitt Romney. “I’m Mitt Romney and I approve this message.”
5. Obama and Romney on energy. Romney supports the Keystone Pipeline, which would create over 100,000 jobs right now. Obama doesn’t. Romney supports drilling in Alaska, expanding oil shale development, and rescinding the offshore drilling moratorium, to lower gas prices right now. Obama doesn’t. Romney opposes a national energy tax, which would increase electricity rates up to 25%. Obama supports one. So next time you see an Obama attack ad(shows TV screen with “Big Oil” and Romney with oil spatterings), remember who will fight for lower gas prices. “I’m Mitt Romney and I approve this message.”

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What Are The Future Paths Of The Economies Of Different Parts Of The World?


I have to write a report fro economics about the current and future state of the economies in different parts of the world and I wanted to know if I am missing or am wrong about anything.
This is my understanding:
North America
Canada(where I am from)- Commodity boom from oil and lumber due to demand from China, suffering from Dutch disease and probably won`t improve and will continue becoming China raw materials cow. But, we`ll always be better off.
United States- Up to their eyeballs in debt, manufacturing base is completely gone, high unemployment, large trade deficits however there is some the dumb *** Americans wake up from ignorance and stop the corruption in their government institutions they can rebound in 20-30 years by doing what Germany did which was specialize in niche markets in the manufacturing sector such ( high-end cars) and leave the cheap manufacturing to Asia. They also have abundant some natural resources that they haven`t developed such as natural gas and lumber which they could sell to China. Bottom line: They need to stop fighting China and start selling to China. When they recover they certainly won`t be calling the shots.
Mexico: growing middle class due to their booming manufacturing sector however the oil is drying up and their government is very corrupt so not everyone is benefiting from this economic boom.
Central America- Most of them are not improving except for Cost Rica but that is mostly because tourism which isn`t a stable industry. Panama is enjoying stable growth because of their canal.
South America- Brazil is booming and is member of the BRIC. China loves Brazilian goods and this is a good thing. However, Brazil manufacturing while improving is still small and I don`t see it growing much and will probably stay China`s resource cow for a long time. Argentina is becoming too protectionist so, who knows what will happen to them next.Columbia and Venezuela are also rowing rapidly because of their commodities. Chile and Uruguay are enjoying stable growth and the rest of the South America is impoverished and staying that way.
Europe- All of the countries in the European Union are doomed except Germany and maybe France of course. They have nothing to sell to other countries and are so much in debt and don`t see a silver lining. Germany is smart( as always) and feeding the rich Chinese with their expensive cars.
The UK has nothing to offer and are too dependent on their financial services they are probably doomed to. Eastern Europe while impoverished has hope because of Russia. Scandinavia and Switzerland and Austria are stable as always. Russia selling commodities to China and growing rapidly in the process.
Africa- Probably going to becoming the next China and cheap manufacturing will go there. They are also very resource rich and will probably export commodities to the BRICS.
Asia
China- Screw the US, China is the largest economy in the world and is growing rapidly. They dominate global manufacturing and as their customer(North America and Europe) are faltering China is starting to increase its domestic market so, it doesn`t have to rely on exports as much. I see no end to Chinese prosperity but nothing lasts forever. Japan is going through hard times but most of the debt they have is owed to their banks and not foreign countries like the US and Japan is resilient and will probably make it through eventually.Korea is becoming stable selling techonolgy to its neighbours. India is booming by selling services to other countries and I suspect that they will dominate the IT and tech industries in the enextcentury.
Australia: stable mostly because selling minerals to China. It will probably continue.

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Sen. Durbin: Why Is It Ok With Him To Let Private Lenders Get Cheated, But Not The Government?


“Roughly 85 percent of outstanding student loan debt is owed to the federal government. The remaining 15 percent that’s counted as private student debt is owed to various non-federal lenders, ranging from banks to loan companies like Sallie Mae Corp. to non-profits and state-affiliated agencies (under the Durbin bill, loans from any government-funded entity still wouldn’t be dischargeable, only those from truly private lenders).”
This story about student loans was in the paper today (Peoria Journal Star)

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Study And Work Abroad In Canada?


So next year im hoping to be doing a year abroad in Canada for my studies,
However ive looked into work visas so i can pay rent and other such things, but all i can find are sites for people who are specialised professionals that fulfil a niche profession, and you need to have your employer on board before you apply.
What Im wondering is, can i get a Visa that allows me to go over to do my studies, but then apply for a normal job(Retail, restaurants etc) while im there, just so i don’t have to get into a stupid amount of debt and always have to worry about money
Any information on this from anyone who has done this thing before would be really appreciated.
Thanks

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Study And Work Abroad In Canada?


So next year im hoping to be doing a year abroad in Canada for my studies,
However ive looked into work visas so i can pay rent and other such things, but all i can find are sites for people who are specialised professionals that fulfil a niche profession, and you need to have your employer on board before you apply.
What Im wondering is, can i get a Visa that allows me to go over to do my studies, but then apply for a normal job(Retail, restaurants etc) while im there, just so i don’t have to get into a stupid amount of debt and always have to worry about money
Any information on this from anyone who has done this thing before would be really appreciated.
Thanks

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I Need The Name Of A Conservative Us Banker?


who runs a bank that doesn’t hold any US bonds or any form of US debt. He didn’t want to “affiliate” to FDIC but was obligated to.

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