Categories
Politics

Post office in trouble?

Could the days of the post office be numbered?

With millions of vehicles, that consume an unbelievable amount of gasoline and contributing to billions of tons of greenhouse gases, does it make sense that the post office still be the number one consumer of preventable spending in the government?

There is a debate that is going on now about how much of the post office do we really need now, and how much of the post office might be replaced with other more affordable options.  It is entirely possible that the post office could sell off one half of its fleet, and reduce its costs, it could reduce the high payout of its costs, by reducing the amount of retirement payments, (much like the car companies have become unstable due to high costs of maintaining non productive members,)

One thing that is really interesting is the salary of the post master general, what company do you know of that pays out an alleged over $800,000.00 for what amounts to a CEO, that has managed to consistently loose money over the last two years, in fact perhaps many years the post office may have been quietly loosing money to practices that have made the post office not able to sustain a profitable enterprise.

What will they do, will they lay off employees, many of which could be said to be receiving benefits that are costing tax payers Billions of dollars.

 

Categories
Politics

White House Sues Banks

In what could be the most alleged, “Bone headed” move in History, it is alleged, that the White House plans to sue several banks over the Freddie and Fannie Fiasco, which resulted in huge losses, for both Freddie and Fannie as well as the Public which bailed them out, then the banks were bailed out and they took much of that money, (allegedly) and paid out huge bonuses, under the cover of darkness, (allegedly)

So, watching what could be the beginning of a huge mess on Wall street, was it really the right thing to do for the American People?

Source…

By Brady Dennis, Steven Mufson and Zachary A. Goldfarb, Published: September 2

Federal regulators launched a broad legal assault on big banks Friday, claiming they sold nearly $200 billion in fraudulent mortgage investments to housing giants Fannie Mae and Freddie Mac that led to massive losses during the financial crisis.

The suits, brought by the Federal Housing Finance Agency, name 17 domestic and foreign banks as defendants. Among them: Bank of America, J.P. Morgan Chase, Goldman Sachs, Morgan Stanley, Citigroup and Deutsche Bank.

 

Is this Robin Hood Mentality the right thing?

Take from the rich and give to the unions?

Seems like a twisted cover story, but in reality what is going on in Washington?

When the stock market opens on the next business day what will the results be like?

Will the stock market, take a dive like no other time in the past two years?

What can we expect to see out of this unraveling story that appears to be doing everything wrong?

It is long been public knowledge that there was alleged pressure to place these high risk mortgages, over time that was a real problem, because there may have been some issues that created a problem that was not fixed in the traditional fashion, these risks were sold and profit was taken, yet, the public was not remunerated, just as in the bail out of the car companies and the unions, the public was not re-payed, only the unions were paid back (allegedly)

We may never know what really happened, but is this the right move, at the right time?

It would appear that we have what amounts to some kind of odd situation where you see some kind of strange movie like the “twilight zone” where something always seems to be a little off, a little out of the ordinary, you just have to wonder what is going on, how can America recover from this evil that we have seen developing for the last few months, mistake after mistake has been made but the only man that is a free man is one that can learn from his mistakes, will we all pay the ultimate price for the odd behavior of a hand full of “strange” people.

 

Categories
2014 vote them out 2016 vote them out

FEAR Mongering?

Will the US default on its debt?

Will there be no money for the Old folks, the disabled, the blind, those with terminal illnesses.

The weakest in our society?  The most venerable, in other societies, are often held with a kindness and a love, for their contribution to society.

That does not seem to be the case if you have even bothered to spend time in a nursing home.

So will the veterans and the old, and the sick and the terminally ill be the fist to get hit by our money problems?

Source yahoo news

Not likely, according to analysts, who say that even without the ability to borrow more money, the government could avoid a devastating default for another week or so.

That raises the question of how urgently action is needed to increase the nation’s borrowing limit.

When you read that you have to say wow, this is really bad, right, this is horrible, right, this is crazy right?

Sure, it sounds like the end of the world, according to an article in yahoo news, (if it is really news were not sure)

The thing is this, they say, that we need to increase the nations borrowing limit but is that really true or is that just fear mongering.

If it is true, then where is the money being spent, are we sending it over seas to other nations, (not that we can tell)

Well then where is all this money going, because it seems like there is a really simple solution here, stop spending so much money on nothing.

Or tell us what your spending so much money on, the bail outs, were a bad bet, with billions still owed by the car companies, and the economy in such bad condition, who can afford to buy a new car?

See how it gets harder to believe, the thing here is this, how can you borrow your way out of debt?

Again, the money is out there, in many cases there are corporations that have billions and billions of dollars just sitting there because we have an out dated tax system that punishes success and denies the ability to grow as a nation, the simple solution is a flat tax, a capitol gains holiday, producing more tax revenue, providing for the need.

It is really not that hard to figure out so what is really going on is it some crazy asteroid out there that were trying to fight and cant talk about?

No that’s just crazy, right, but you would think that the end of the world is about to take place by the tenor of the democrats in Washington.

One thing remains clear, we need to take some action and if we cannot borrow any more money because we have already borrowed too much then its time to reduce some of the things that are costing so much money like the post office, which lost more than 15 billion dollars over the last five years?

When a business starts loosing that much money, you have to do something about it, because you cant just keep on loosing that much money.

Categories
Politics

Gas prices go down?

While some people feel this is the wrong thing to do however, doing nothing is likely worse for the price of Gas.

So, what should be done, one thing is that you could very easily do is to motivate the Car companies to develop more economical measures of producing verhicels that get better fuel mileage.