Wednesday, September 17, 2008

The US Dollar, Economy and Wall Street




At this point it's looking pretty grim. Since Bush's appointment to the presidency the US Dollar has fallen to about 63% of its previous value. Mind you, there are different ways to calculate this but we need to start somewhere.

When Bush was appointed the DOW was about 10,400. Today, after the most recent tumble, it is about 10,600(down 2,350 points from just a years ago) and still plunging.

Now let us compare the two when you take into consideration US Dollar value.

Under 7,000 points. Meaning, if you had invested $100,000.00 in the DOW in December of 2000 and then took into consideration the stock market rise and the devalued dollar then you would now have $63,000.00 simply because the Republicans made you believe stock VALUE was going up for 7.5 years when only the price was. All that time, the actual value had decreased compared to the rest of the world on average unless you invested in Gold or the Euro(which I suggested to all my investing friends in 2000 seeing who was going into the White House - they didn't listen being they were right-wingers and I couldn't know anything).

So now let us look at it all...
If you were poor, you're poorer
If you were rich, you still are but you're a poorer rich.

Please look at my October 9th, 2007 blog for another chart of importance.

Tuesday, September 2, 2008

Why The GOP Does NOT Want To Count Non-Citizen Residents


With a little help from Rawstory.com for this article.

The GOP plans to pad their representation by removing non-citizens from the 2010 census. Under their party platform they are saying, "The integrity of the 2010 census, proportioning congressional representation among the states, must be preserved," and, "The census should count every person legally abiding in the United States in an actual enumeration."

Under the 14th ammendment they purposefully left out the word citizen for that section. I don't know how the GOP can claim this...
In section 1 they use the word "citizen" but in section 2 they leave it out. And after they say "excluding indians non-taxed". Had they wanted to exclude non-citizens, they would have written that in as well. The republican base just wants to do this so they can save themselves from losing more representatives because they are going to get a trouncing in November. They need to keep their numbers up somehow. In the early 70s after the Nixon debacle they raised their numbers by coddling to the religious base and used Roe v Wade to add to their numbers. If you read the actual Roe v Wade wording you would think a true conservative would have been FOR the decision. The wording basically says that the government should not decide what you can do with your body. Keeping the government out of your lives has traditionally been a staple of the GOP. Anyone wanting the government deciding on what you can or cannot do is labeled a socialist. The GOP spun the decision to make it about the actual abortion so they could rally voters on an emotional issue. They want to do this again by rallying voters on their fears.
The following is taken from the 14th ammendment. You'll notice in part 1 how they mention citizens and in part 2 how they just say "persons".
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1.All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.

2. Representatives shall be apportioned among the several States according to their respective numbers, counting the whole number of persons in each State.
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If there was a true conservative left in this country they would help to halt this move by the GOP. If conservatives don't rise up to take their party back there will be no party left for anyone to join... Not that they would want to right now.