By Jeviden K. Weller

November 22, 2010 6:28 AM | Link to this

I am happy the Republicans will control the House in January. The Dem view of censorship, of their support of that horrible healthcare bill, the influence of George Soros, Cass Sunstein, Van Jones and some silent Acorn characters makes the Dem side look pretty evil. I expect our major industry to be more loyal this next year and keep production here in America. The issue is how much the Republicans can get done with the lingering shadow of Obama in power.

By David Dzidzikashvili

November 18, 2010 5:10 PM | Link to this

Economic difficulties are very real, just look at the main economic factors. High unemployment with increased foreclosure rates, banks violating foreclosure laws, the middle-class is getting screwed every single day and it keeps shrinking. Middle class is the backbone of the American economy and the future of the United States. Nothing has been done, or to be more correct there are no real results that show us positive economic trends for the future… I don’t think it’s correct to try to estimate our economic well being with Dow Jones numbers, there are many more complex economic factors at play… What’s even worse is that the Fed has run out of tools to deal with the situation. The Republicans have captured majority in the House but that does not guarantee the GOP automatic win in 2012. If the GOP won’t be able to deliver what it has promised, they will be in the same situation as Democrats today…and time is working against both parties, much needs to be done very soon, unfortunately for some politicians they’d rather spend their time for political infighting and other obscure reasons, rather than try to decrease unemployment and create real solutions for our economic woes. Just look at these facts: 1 Ten years ago, the United States was ranked number one in average wealth per adult. In 2010, the United States has fallen to seventh. 2 The United States once had the highest proportion of young adults with post-secondary degrees in the world. Today, the U.S. has fallen to 12th. 3 In the 2009 “prosperity index” published by the Legatum Institute, the United States was ranked as just the ninth most prosperous country in the world. That was down five places from 2008. 4 In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th. 5 The economy of India is projected to become larger than the U.S. economy by the year 2050. 6 One prominent economist now says that the Chinese economy will be three times larger than the U.S. economy by the year 2040. 7 According to a new study conducted by Thomson Reuters, China could become the global leader in patent filings by next year. 8 The United States has lost approximately 42,400 factories since 2001. 9 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000. 10 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975. 11 In 1959, manufacturing represented 28 percent of all U.S. economic output. In 2008, it represented only 11.5 percent. 12 The television manufacturing industry began in the United States. So how many televisions are manufactured in the United States today? According to Princeton University economist Alan S. Blinder, the grand total is zero. 13 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time that less than 12 million Americans were employed in manufacturing was in 1941. 14 Back in 1980, the United States imported approximately 37 percent of the oil that we use. Now we import nearly 60 percent of the oil that we use. 15 The U.S. trade deficit is running about 40 or 50 billion dollars a month in 2010. That means that by the end of the year approximately half a trillion dollars (or more) will have left the United States for good. 16 Between 2000 and 2009, America’s trade deficit with China increased nearly 300 percent. 17 Today, the United States spends approximately $3.90 on Chinese goods for every $1 that China spends on goods from the United States. 18 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone. 19 American 15-year-olds do not even rank in the top half of all advanced nations when it comes to math or science literacy. 20 Median household income in the U.S. declined from $51,726 in 2008 to $50,221 in 2009. That was the second yearly decline in a row. 21 The United States has the third worst poverty rate among the advanced nations tracked by the Organization for Economic Cooperation and Development. 22 Since the Federal Reserve was created in 1913, the U.S. dollar has lost over 95 percent of its purchasing power. 23 U.S. government spending as a percentage of GDP is now up to approximately 36 percent. 24 The Congressional Budget Office is projecting that U.S. government public debt will hit 716 percent of GDP by the year 2080.

By lawabider

November 18, 2010 12:36 PM | Link to this

So, a Dayton woman is pressing SA charges against a TSA agent at the Dayton International Airport and I have to read about it in an Australian newspaper. I know DDN knows about it because they posted a story supposedly warning the public about enhanced pat-downs at DIA right after it happened. DDN is a shill for big gov’t.