Their is no record from the obama administration that obama has any strong and positive
feelings towards Israel and the Jewish people. Today he said he would back Israel. But in the last
three years, he has condemned Israel for so many things and even suggested that Israel go back
to the 1967 borders without anything from the arabs.
Who is he lying to and why???
He wants to get the Jewish vote.
His standing in the Jewish community has dropped so now he is saying whatever he has to say just
to see if he can capture the Jewish vote.
Hopefully, the Jewish people are smarter then that and see thru his ignorant mouthing of a few
Hebrew words.
This President needs to be replaced in November by anyone - a Rep or even another Dem. He just
needs to be removed and a real politician needs to fill the shoes of the Presidency.
obama certainly has not filled the shoes of the Presidency.
obama is a fraud and he has reached his "peter Principle."
And that's the way I see it...
Straight Talk with Jay Clifford
Focusing on the news of the day with a focus on politics and the economy without any bias. Just Straight Talk through my eyes and from my experiences and history. Intelligent discussion Invited.
Sunday, March 4, 2012
Social Security - suggestions to fix it
What started as a safety net has turned into an expected benefit.
But statistics show that with fewer people contributing to the Soc Sec fund and
more people living longer, then the Soc Sec fund will shrink until it can no longer
provide a safety net.
Here are a few suggestions:
1) Reduce the amount anyone can receive from soc sec depending on their total gross income.
If you make 250,000 a year from all sources, cut the percent payout by 10%
If you make 350,000 a year from all sources, cut the percent payout by 20%
If you make 500,000 a year from all sources, cut the percent payout by 33%
If you make 700,000 a year from all sources, cut the percent payout by 50%
If you make 900,000 a year from all sources, cut the percent payout by 75%
If you make 1.000,000 or more a year from all sources, cut the percent payout by 100%
That is called means testing and will not hurt anyone in those income categories.
2) Raise the social security AND the Medicare income limit by $100,000. That will only affect
large income people a small bit and will hardly affect any corporation.
3) If those two can't make soc sec fund solvent, then raise the age limit incrementally a month
a year for several years.
And that's the way I see it...
Straight Talk with Jay Clifford
But statistics show that with fewer people contributing to the Soc Sec fund and
more people living longer, then the Soc Sec fund will shrink until it can no longer
provide a safety net.
Here are a few suggestions:
1) Reduce the amount anyone can receive from soc sec depending on their total gross income.
If you make 250,000 a year from all sources, cut the percent payout by 10%
If you make 350,000 a year from all sources, cut the percent payout by 20%
If you make 500,000 a year from all sources, cut the percent payout by 33%
If you make 700,000 a year from all sources, cut the percent payout by 50%
If you make 900,000 a year from all sources, cut the percent payout by 75%
If you make 1.000,000 or more a year from all sources, cut the percent payout by 100%
That is called means testing and will not hurt anyone in those income categories.
2) Raise the social security AND the Medicare income limit by $100,000. That will only affect
large income people a small bit and will hardly affect any corporation.
3) If those two can't make soc sec fund solvent, then raise the age limit incrementally a month
a year for several years.
Related articles
- The Safety Net Isn't Free (economix.blogs.nytimes.com)
And that's the way I see it...
Straight Talk with Jay Clifford
Saturday, March 3, 2012
obama's call that did not happen
If obama can take time out of his busy schedule to chat
with ms fluke about her three times a day sexual activities and her
use of birth control, WHY HASN'T OBAMA SAID ANYTHING ABOUT
ALL THE DESTRUCTION AND LOSS OF LIFE FROM THE RECENT TORNADOES???
OH Yeah, They are all probably red states and we all know that obama
does nothing for red states even if it will cost the United States jobs or
gross revenue. Think how he will not help South Carolina with their
port that needs to be dredged to accommodate the deeper and larger
ships that bring goods to the USA.
And who benefits by not helping to increase the size of South Carolina's
ports??? (a red state) You have to know it's New York. And what color is
New York? It is a blue state. Point made. BUT New York's ports are smaller
and all union run. So less product can arrive and it will all cost more. But
obama does not care about the good of the entire USA. He is in campaign
mode. In fACT he has been in campaign mode since the day he started is term.
Making a statement that he will help the red states that have been hurt so
badly is not in the best interest of obama's re-election - so he says nothing.
We need a President for ALL THE US CITIZENS not just the blue states and union workers.
And that's the way I see it...
Straight Talk With Jay Clifford
with ms fluke about her three times a day sexual activities and her
use of birth control, WHY HASN'T OBAMA SAID ANYTHING ABOUT
ALL THE DESTRUCTION AND LOSS OF LIFE FROM THE RECENT TORNADOES???
OH Yeah, They are all probably red states and we all know that obama
does nothing for red states even if it will cost the United States jobs or
gross revenue. Think how he will not help South Carolina with their
port that needs to be dredged to accommodate the deeper and larger
ships that bring goods to the USA.
And who benefits by not helping to increase the size of South Carolina's
ports??? (a red state) You have to know it's New York. And what color is
New York? It is a blue state. Point made. BUT New York's ports are smaller
and all union run. So less product can arrive and it will all cost more. But
obama does not care about the good of the entire USA. He is in campaign
mode. In fACT he has been in campaign mode since the day he started is term.
Making a statement that he will help the red states that have been hurt so
badly is not in the best interest of obama's re-election - so he says nothing.
We need a President for ALL THE US CITIZENS not just the blue states and union workers.
And that's the way I see it...
Straight Talk With Jay Clifford
Labels:
obama favors only blue states
obama's phone call
obama calls ms fluke who spends $3000 on birth control when
a condom costs about $1 each. Let's do the math. That would be
3000 thousand uses of a condom over, let say 3 years. That would
be about 1000 uses per year. BUT there are only 356 days in a year.
So that means ms fluke had sex 3 times a day every day for three
years. WOW!!!
So when did ms fluke have any time to study for her law degree??? In between her
three sex activities times every day? How did she fit all that recreational sex into her schedule???
And now ms fluke wants you and me to pay for her 3 times a day sex habit.
I DO NOT THINK SO. LET HER PAY FOR HER BIRTH CONTROL OR MAYBE CUT
HER SEXUAL ACTIVITIES TO MAYBE 2 OR 3 TIMES A WEEK.
And that's the way I see it...
Straight Talk With Jay Clifford
a condom costs about $1 each. Let's do the math. That would be
3000 thousand uses of a condom over, let say 3 years. That would
be about 1000 uses per year. BUT there are only 356 days in a year.
So that means ms fluke had sex 3 times a day every day for three
years. WOW!!!
Related articles
- Birth Control: Condoms 101 (everydayhealth.com)
So when did ms fluke have any time to study for her law degree??? In between her
three sex activities times every day? How did she fit all that recreational sex into her schedule???
And now ms fluke wants you and me to pay for her 3 times a day sex habit.
I DO NOT THINK SO. LET HER PAY FOR HER BIRTH CONTROL OR MAYBE CUT
HER SEXUAL ACTIVITIES TO MAYBE 2 OR 3 TIMES A WEEK.
And that's the way I see it...
Straight Talk With Jay Clifford
Where is obama ???
Yesterday (3.2.12) and today, we had 30+ tornadoes killing 37 people so far over 8+ states and
causing hundreds of millions of dollars in damage yet nothing from the President. Not a word from obama.
Where is obama ???
We can give 2 BILLION dollars to Egypt for nothing - yet we cannot afford to help US Citizens.
Where is obama on this problem???
Why is obama silent ???
We should not give another dollar to egypt and use that money to re-build US Citizens' homes and lives.
And that's the way I see it...
Straight Talk WIth Jay Clifford
causing hundreds of millions of dollars in damage yet nothing from the President. Not a word from obama.
Where is obama ???
We can give 2 BILLION dollars to Egypt for nothing - yet we cannot afford to help US Citizens.
Where is obama on this problem???
Why is obama silent ???
We should not give another dollar to egypt and use that money to re-build US Citizens' homes and lives.
And that's the way I see it...
Straight Talk WIth Jay Clifford
Wednesday, February 15, 2012
Chicago corruption and Obama
In Chicago, recently labeled number one in corruption in all cities in the USA, we have a thing called PATRONAGE.
What this means is you get hired by a politically connected person. Your job is now dependent on that person
staying in power and you doing what that person says. Does this sound familiar?
This is a model based on the MAFIA (I know they do not exist Ha-Ha-Ha). And this is a model that unions use
to keep people in line whether they are union members or not. Think how the unions infiltrate any group to
stir chaos and trouble.
Now think about how Obama's administration has taken your money and mine to pay for union workers jobs
and pensions. The money for teachers given last year AFTER all the teacher budgets were firmly in place ended
up being used for things other than teacher's pay. Things like State budgets in general. But real estate taxes
pay the majority of the teacher's pay - not state funds.
So what we have are three main states with the most teachers: New York, Illinois, and California --- all solidly
Democratic states getting huge finds from the Obama money handouts. And by the way, they are all in the top
most corrupt states in the USA. Connection???
Patronage is the way political leaders control the elections. And Obama coming from the most corrupt state
of Illinois seems to be running the most corrupt government just like what he was taught as a 'community
organizer'.
Come on people. We still do not know anything about this man's history. You could put all his history in a
2-page pamphlet. We know nothing of his birth. We know nothing of his college education. We do not even know
why he applied to a college as a foreign student. We know nothing of his religious beliefs except he sat
listening to Reverend Wright (WHo hates America and spews hate and racism at his sermons) for 20 years. We know
nothing of his connection to Aires and that real estate broker (who is now in prison). We know nothing of how
he purchased the multi-million home in Chicago.
We do know that he sees racism in everything - remember the beer get-together in the rose garden. We do know
that he has little understanding how any economy works. We do know that he thinks more of himself then he is.
We do know that he was tutored by the city of Chicago (the most corrupt city in all of the USA). We do know
that he was NOT a professor at the University of Chicago - but a temp, stand-in lecturer - unpaid even. We do
know that his social security was issued to a person who died around when Obama was born. Obama does not
even have his own social security number. We do know that Obama thinks that if everyone was equally poor, and
owing their jobs to him, that he could control everything. We do know that Obama's wife is not proud to be an American. Hey, she said it herself before the political handlers made her correct her statement.
Obama is a plight on the United States Of America. We need to elect anyone but him in November.
And that's the way I see it...
Straight Talk with Jay Clifford
What this means is you get hired by a politically connected person. Your job is now dependent on that person
staying in power and you doing what that person says. Does this sound familiar?
This is a model based on the MAFIA (I know they do not exist Ha-Ha-Ha). And this is a model that unions use
to keep people in line whether they are union members or not. Think how the unions infiltrate any group to
stir chaos and trouble.
Related articles
- Chicago Called Most Corrupt City In Nation (chicago.cbslocal.com)
- Politically Connected Are Getting Job Contracts For Work Supposed To Go To Veterans (crooksandliars.com)
Now think about how Obama's administration has taken your money and mine to pay for union workers jobs
and pensions. The money for teachers given last year AFTER all the teacher budgets were firmly in place ended
up being used for things other than teacher's pay. Things like State budgets in general. But real estate taxes
pay the majority of the teacher's pay - not state funds.
So what we have are three main states with the most teachers: New York, Illinois, and California --- all solidly
Democratic states getting huge finds from the Obama money handouts. And by the way, they are all in the top
most corrupt states in the USA. Connection???
Patronage is the way political leaders control the elections. And Obama coming from the most corrupt state
of Illinois seems to be running the most corrupt government just like what he was taught as a 'community
organizer'.
Come on people. We still do not know anything about this man's history. You could put all his history in a
2-page pamphlet. We know nothing of his birth. We know nothing of his college education. We do not even know
why he applied to a college as a foreign student. We know nothing of his religious beliefs except he sat
listening to Reverend Wright (WHo hates America and spews hate and racism at his sermons) for 20 years. We know
nothing of his connection to Aires and that real estate broker (who is now in prison). We know nothing of how
he purchased the multi-million home in Chicago.
We do know that he sees racism in everything - remember the beer get-together in the rose garden. We do know
that he has little understanding how any economy works. We do know that he thinks more of himself then he is.
We do know that he was tutored by the city of Chicago (the most corrupt city in all of the USA). We do know
that he was NOT a professor at the University of Chicago - but a temp, stand-in lecturer - unpaid even. We do
know that his social security was issued to a person who died around when Obama was born. Obama does not
even have his own social security number. We do know that Obama thinks that if everyone was equally poor, and
owing their jobs to him, that he could control everything. We do know that Obama's wife is not proud to be an American. Hey, she said it herself before the political handlers made her correct her statement.
Obama is a plight on the United States Of America. We need to elect anyone but him in November.
And that's the way I see it...
Straight Talk with Jay Clifford
Labels:
Chicago corruption and Obama
Friday, January 20, 2012
Union Bullying needs to be stopped
Mob action by unions is destroying the United States rule-by-law.
Instead the unions will intimidate through force - brute force - to get what they want. And what do they want.
Let's look at what is behind the union wants.
The union wants you and me to pay for their pensions. The public pays for these pensions through real estate taxes and state taxes. Sure union members pay these same taxes but their share is so little compared to what they are getting that it is UNFAIR to the rest of the tax paying people who do not have these high-paying pensions.
And what is making up the most of many state's deficits? It's union pensions!!!
States need to limit union action with states. Unions have a place in the private sectors but not in the governmental sectors where you and I pay for these excessive concessions to pensions and health care for union members.
I compare these strong-arm union tactics to 'mob' actions similar to "protection rackets."
We need strong people to stand up to these brutes. They are bullies and bullies should not be tolerated.
And that's the way I see it...
Straight Talk by Jay Clifford
Instead the unions will intimidate through force - brute force - to get what they want. And what do they want.
Let's look at what is behind the union wants.
The union wants you and me to pay for their pensions. The public pays for these pensions through real estate taxes and state taxes. Sure union members pay these same taxes but their share is so little compared to what they are getting that it is UNFAIR to the rest of the tax paying people who do not have these high-paying pensions.
And what is making up the most of many state's deficits? It's union pensions!!!
States need to limit union action with states. Unions have a place in the private sectors but not in the governmental sectors where you and I pay for these excessive concessions to pensions and health care for union members.
I compare these strong-arm union tactics to 'mob' actions similar to "protection rackets."
We need strong people to stand up to these brutes. They are bullies and bullies should not be tolerated.
And that's the way I see it...
Straight Talk by Jay Clifford
Labels:
Union Tactic. Are they illegal?
Tuesday, January 17, 2012
Unions and pensions and State's deficits
Let's look at this through a financial lens. The unions which make up a smaller and smaller part of the total work force get unbelievable large pensions. They put in a minor amount and receive upwards of $36,000 to $50,000 to $75,000 to $100,000 to $150,000 per year; and many get more. Where does this money come from?
The money comes from Real Estate taxes and State Taxes for the most part. That means every home owner and anyone in a state with an income tax has part of their taxes going to pay for these pensions. Most of the people
who pay these real estate taxes and state taxes will never get a pension for a variety of reasons. But the unions
always demand more and get pensions for their members while the economy is barely limping along. Just plain greedy. That's my opinion. When 18% to 21% of working age people are unemployed the unions are not
satisfied to keep their jobs, they always ask for more. And that MORE comes right out of your wallets.
The way I see it in America today, it is the non-union people versus the unions - and definitely not low earners versus high earners. The class warfare is more about the union class taking from all the other non-union people. The unions are in fact a re-distribution of money channel. The unions are a very greedy group of people.
Think about this when your state raises your tax rate or when your real estate taxes go up while the price of
your home goes down. But the union members will be getting their share.
And that's the way I see it...
Straight Talk with Jay Clifford
The money comes from Real Estate taxes and State Taxes for the most part. That means every home owner and anyone in a state with an income tax has part of their taxes going to pay for these pensions. Most of the people
who pay these real estate taxes and state taxes will never get a pension for a variety of reasons. But the unions
always demand more and get pensions for their members while the economy is barely limping along. Just plain greedy. That's my opinion. When 18% to 21% of working age people are unemployed the unions are not
satisfied to keep their jobs, they always ask for more. And that MORE comes right out of your wallets.
The way I see it in America today, it is the non-union people versus the unions - and definitely not low earners versus high earners. The class warfare is more about the union class taking from all the other non-union people. The unions are in fact a re-distribution of money channel. The unions are a very greedy group of people.
Think about this when your state raises your tax rate or when your real estate taxes go up while the price of
your home goes down. But the union members will be getting their share.
And that's the way I see it...
Straight Talk with Jay Clifford
Labels:
Pensions,
State Deficits,
Union
Friday, January 6, 2012
Political race 2012
The race to the President is reaching new lows. All I want to hear from the current President is what he has
done in plain talk. And how it will affect the USA and its citizens. And All I want to hear from the others is how they will be different from the current President.
All this double talk, lies and mis-direction is blurring reality and cheating the citizens of the USA.
We are at a cross-roads ---in my opinion--- similar to the 1930s in Germany. We have a choice between
traveling down a road to financial inflation and bankruptcy OR a very tough road to a strong USA. It is
that simple.
We can not spend money we do not have. Look at Greece. Look at Italy. Look at Spain. Remember what
happened to Mexico a few decades back. Remember what happened to Argentina a few decades back
We are seeing in Greece and Italy what could very easily happen in the USA. People not wanting to give up some of what they have to ensure that they will have something in the future. People greedy enough to demand pay
increases in the midst of a major recession. People demanding pensions while other have no pensions for
all sorts of reasons - many not their fault - like bankruptcies.
We need to cut our spending immediately - not in ten years. Why immediately? Because the interest is
approaching a level that cuts into the money available for social spending.
Do we want to spend out gross national product paying interest on the debt or to give everyone medical care?
The solutions are simple. It's the power grabs of congress and the President that are making it difficult. we
need to cut spending - plain and simple. And if we cannot figure out where to cut, then we need to cut
everywhere by 6% or 7%.
Like any company in financial trouble, we need to shed employees and assets. This will reduce expenses and
bring in revenue. We need to do things that we might not do in good financial times. Things like;
1) Open up Anwar for oil drilling. This is a wasteland delta close to another private drilling operation.
That will increase jobs and bring in tax revenue plus decrease our oil dependancy on countries that hate us.
2) Build the Pipeline from Canada to our southern refineries. This will increase jobs and bring in oil that will
otherwise flow to china. More jobs and more tax revenue.
3) We need to cut some of the agencies in our government or at least reduce the number of employees in
each agency. Private companies all over the USA are doing exactly that and they are turning profits.
4) We need to bring home some of our soldiers stationed in Germany and South Korea and re-deploy them
in the southwest States of America.
That will slow the drug traffic into the USA and help to secure our southern borders. And as a benefit, the
southern states will get needed income and from all these soldiers. More USA jobs and more tax revenue.
5) We need to deepen the harbor in South Carolina so it can handle the new and deeper container ships.
That will add tens of thousands of jobs plus keep costs low for imported goods.
All five of these choices will INCREASE JOBS AND TAX REVENUE. And this increased revenue can offset some of
the interest in our debt plus pay down our debt.
It is simple. It can be done quickly. The results will show up within a few months. Here's one reason why.
Just by announcing that we will drill in ANWAR, Alaska and that we will build the pipeline will bring down the price
of oil. It does not matter that the actual flow of oil will be a few years in the future. When the price of oil drops two things happen.
1) The price of gasoline will drop - putting thousands of disposable dollars into consumers' hands.
2) Those countries that hate us will have less revenue to finance terrorism against the USA.
All good things. So why aren't we doing this??????????? It's all about POWER. The power of congress,
The power of the President. The powerlessness of the USA citizens.
We need to accomplish these five tasks NOW.
Call your congressperson and demand that we accomplish these five things NOW!!!
And That's the Way I See It...
Straight Talk with Jay Clifford
done in plain talk. And how it will affect the USA and its citizens. And All I want to hear from the others is how they will be different from the current President.
All this double talk, lies and mis-direction is blurring reality and cheating the citizens of the USA.
We are at a cross-roads ---in my opinion--- similar to the 1930s in Germany. We have a choice between
traveling down a road to financial inflation and bankruptcy OR a very tough road to a strong USA. It is
that simple.
We can not spend money we do not have. Look at Greece. Look at Italy. Look at Spain. Remember what
happened to Mexico a few decades back. Remember what happened to Argentina a few decades back
We are seeing in Greece and Italy what could very easily happen in the USA. People not wanting to give up some of what they have to ensure that they will have something in the future. People greedy enough to demand pay
increases in the midst of a major recession. People demanding pensions while other have no pensions for
all sorts of reasons - many not their fault - like bankruptcies.
We need to cut our spending immediately - not in ten years. Why immediately? Because the interest is
approaching a level that cuts into the money available for social spending.
Do we want to spend out gross national product paying interest on the debt or to give everyone medical care?
The solutions are simple. It's the power grabs of congress and the President that are making it difficult. we
need to cut spending - plain and simple. And if we cannot figure out where to cut, then we need to cut
everywhere by 6% or 7%.
Like any company in financial trouble, we need to shed employees and assets. This will reduce expenses and
bring in revenue. We need to do things that we might not do in good financial times. Things like;
1) Open up Anwar for oil drilling. This is a wasteland delta close to another private drilling operation.
That will increase jobs and bring in tax revenue plus decrease our oil dependancy on countries that hate us.
2) Build the Pipeline from Canada to our southern refineries. This will increase jobs and bring in oil that will
otherwise flow to china. More jobs and more tax revenue.
3) We need to cut some of the agencies in our government or at least reduce the number of employees in
each agency. Private companies all over the USA are doing exactly that and they are turning profits.
4) We need to bring home some of our soldiers stationed in Germany and South Korea and re-deploy them
in the southwest States of America.
That will slow the drug traffic into the USA and help to secure our southern borders. And as a benefit, the
southern states will get needed income and from all these soldiers. More USA jobs and more tax revenue.
5) We need to deepen the harbor in South Carolina so it can handle the new and deeper container ships.
That will add tens of thousands of jobs plus keep costs low for imported goods.
All five of these choices will INCREASE JOBS AND TAX REVENUE. And this increased revenue can offset some of
the interest in our debt plus pay down our debt.
It is simple. It can be done quickly. The results will show up within a few months. Here's one reason why.
Just by announcing that we will drill in ANWAR, Alaska and that we will build the pipeline will bring down the price
of oil. It does not matter that the actual flow of oil will be a few years in the future. When the price of oil drops two things happen.
1) The price of gasoline will drop - putting thousands of disposable dollars into consumers' hands.
2) Those countries that hate us will have less revenue to finance terrorism against the USA.
All good things. So why aren't we doing this??????????? It's all about POWER. The power of congress,
The power of the President. The powerlessness of the USA citizens.
We need to accomplish these five tasks NOW.
Call your congressperson and demand that we accomplish these five things NOW!!!
And That's the Way I See It...
Straight Talk with Jay Clifford
Tuesday, August 16, 2011
Obama and liars
Do you like being lied to?
Do you like having someone reach into your pocket and spend your money on themselves?
Do you like people always blaming others for what they were supposed to do? Never taking responsibility???
Well the obama bus campaign tour is just that lie.
It is not about doing his job as President.
The tour is a campaign tour for re-election and tax money is paying for it.
Tax money that you and I are sending in to the treasury every paycheck.
Call your congressperson and complain that obama should be paying for this campaign tour from his re-election fund.
Tell the obama to be responsible for his actions FOR ONCE IN HIS LIFE! Stop voting "present" and take a stand.
The only reason there was any debt reduction (small as it is) was because Americans said
TAXED ENOUGH ALREADY - TEA for short. Just like the Boston tea party when AMericans tossed the
English Tea Overboard in rebellion to the taxes imposed by the King of England, the TEA group
said ENOUGH. And it is only because of the TEA group that we have stopped some ((NOT ALL)) of
the run-a-way spending by congress.
And lastly - Remember the BS budget submitted by the obama calling for 4 to 6 TRILLION MORE
DOLLARS IN SPENDING??? WELL that 'budget' did not get one vote. Not one vote from the Republicans. Not One vote from the Democrats. That shows you just how STUPID that obama budget proposal was.
And the obama claims that he is doing something. That is pure BS - a lie.
Remember when someone yelled "You Lie" in obama's state of the Union speech. Turns out that obama did lie.
You can not trust this obama with any more time as President. Anyone Democrat or Republican would be better.
ANYONE BUT OBAMA is on my 2012 campaign button.
And that's the way I see it...
Straight Talk WIth Jay Clifford.
Do you like having someone reach into your pocket and spend your money on themselves?
Do you like people always blaming others for what they were supposed to do? Never taking responsibility???
Well the obama bus campaign tour is just that lie.
It is not about doing his job as President.
The tour is a campaign tour for re-election and tax money is paying for it.
Tax money that you and I are sending in to the treasury every paycheck.
Call your congressperson and complain that obama should be paying for this campaign tour from his re-election fund.
Tell the obama to be responsible for his actions FOR ONCE IN HIS LIFE! Stop voting "present" and take a stand.
The only reason there was any debt reduction (small as it is) was because Americans said
TAXED ENOUGH ALREADY - TEA for short. Just like the Boston tea party when AMericans tossed the
English Tea Overboard in rebellion to the taxes imposed by the King of England, the TEA group
said ENOUGH. And it is only because of the TEA group that we have stopped some ((NOT ALL)) of
the run-a-way spending by congress.
And lastly - Remember the BS budget submitted by the obama calling for 4 to 6 TRILLION MORE
DOLLARS IN SPENDING??? WELL that 'budget' did not get one vote. Not one vote from the Republicans. Not One vote from the Democrats. That shows you just how STUPID that obama budget proposal was.
And the obama claims that he is doing something. That is pure BS - a lie.
Remember when someone yelled "You Lie" in obama's state of the Union speech. Turns out that obama did lie.
You can not trust this obama with any more time as President. Anyone Democrat or Republican would be better.
ANYONE BUT OBAMA is on my 2012 campaign button.
And that's the way I see it...
Straight Talk WIth Jay Clifford.
Labels:
obama - a liar for the books
Monday, August 15, 2011
obama's bus tour
Who is he kidding when he says it's a job's bus tour.
It is blatantly a champaign tour on the US taxpayer dollars - just insulting to taxpapers.
This President votes "Present" all the time BUT I DISAGREE!!!
He is not present.
He has not been a leader like any other Democratic or Republican President.
He is an absent President and needs to be voted out.
He has reached his PETER PRINCIPLE back when he was a community organizer.
Yes, he has a great campaign strategy and sometimes when he practices, his
speeches are given with a strong Baptist urgency. BUT, he does not have it
within himself to be a leader.
He has still not written a budget for over 830 days. That IS one of the President's most
important functions and HE HAS FAILED TO PREFORM.
All he does is create dis-harmony between races and find fault in the tiniest places with
Republicans about subjects that he refuses to tell anyone what he specifically and in detail believes.
This man needs to be replaced with a leader; Someone who will respect the Presidency and
make a budget and get out in front and lead.
And that's the way I see it...
Straight Talk With Jay Clifford
It is blatantly a champaign tour on the US taxpayer dollars - just insulting to taxpapers.
This President votes "Present" all the time BUT I DISAGREE!!!
He is not present.
He has not been a leader like any other Democratic or Republican President.
He is an absent President and needs to be voted out.
He has reached his PETER PRINCIPLE back when he was a community organizer.
Yes, he has a great campaign strategy and sometimes when he practices, his
speeches are given with a strong Baptist urgency. BUT, he does not have it
within himself to be a leader.
He has still not written a budget for over 830 days. That IS one of the President's most
important functions and HE HAS FAILED TO PREFORM.
All he does is create dis-harmony between races and find fault in the tiniest places with
Republicans about subjects that he refuses to tell anyone what he specifically and in detail believes.
This man needs to be replaced with a leader; Someone who will respect the Presidency and
make a budget and get out in front and lead.
And that's the way I see it...
Straight Talk With Jay Clifford
Monday, August 8, 2011
Somolia's starving children
Your heart goes out to the millions of starving children in the world. BUT these people populate fast.
They just keep on having children and more children. They know there is not enough food in the entire world to feed them and they know there is not enough water, yet they populate and populate and when the drought comes or seasonal floods arrive, the world rushes to save these poor people.
This may seem harsh but the world has about 7 BILLION people and growing. What we need is a strict one
child per woman law just like china has in these countries. There are too many people in the world now!
They bring poverty on themselves by having so many children. They don't have enough farm land to grow
enough crops to support the populace now and they continue to populate. So why should the countries of the world rush aid to these people??? If we manage to save just half the children from dying, there will be another half million starving children in a few years - the children of these saved children.
This has to stop. I am in favor of stopping our aid. We have starving people in the US that need the food
and medicines. We do not have the money to feed the world. If we give all our corn and wheat reserves to
these people --who will be in need again next year-- and the US suffers a drought, there will not be food for the
citizens of the USA!!! And that is a fact.
And who will ever come to the aid of the USA??? Think about that. WHO??? Name a country. Hits you hard
doesn't it. There is no country that will come to the aid of the USA. Nor is there a country that could come to the aid of the USA if they even wanted to help us.
The USA has to begin holding back on our aid. - We need to re-assess our financial contributions to
countries that do not like us and we need to hold our food and water in reserves.
And that's the way I see it...
Straight Talk with Jay Clifford
They just keep on having children and more children. They know there is not enough food in the entire world to feed them and they know there is not enough water, yet they populate and populate and when the drought comes or seasonal floods arrive, the world rushes to save these poor people.
This may seem harsh but the world has about 7 BILLION people and growing. What we need is a strict one
child per woman law just like china has in these countries. There are too many people in the world now!
They bring poverty on themselves by having so many children. They don't have enough farm land to grow
enough crops to support the populace now and they continue to populate. So why should the countries of the world rush aid to these people??? If we manage to save just half the children from dying, there will be another half million starving children in a few years - the children of these saved children.
This has to stop. I am in favor of stopping our aid. We have starving people in the US that need the food
and medicines. We do not have the money to feed the world. If we give all our corn and wheat reserves to
these people --who will be in need again next year-- and the US suffers a drought, there will not be food for the
citizens of the USA!!! And that is a fact.
And who will ever come to the aid of the USA??? Think about that. WHO??? Name a country. Hits you hard
doesn't it. There is no country that will come to the aid of the USA. Nor is there a country that could come to the aid of the USA if they even wanted to help us.
The USA has to begin holding back on our aid. - We need to re-assess our financial contributions to
countries that do not like us and we need to hold our food and water in reserves.
And that's the way I see it...
Straight Talk with Jay Clifford
Labels:
Overpopulation and its affects.
Whose responsible
Have you noticed that whenever something happens bad, the first thing Obama does is to point his finger
at other people. Seems he is never responsible for anything he does.
Now Axelrod the slayer of truth and the lead finger pointer of blame is saying that it's the TEA PARTY that caused
this rating downgrade. Come on people.
All the tea party did was to point out to the Amercian people that we are spending too much for the money
we bring in as a nation. Talk about killing the messenger and forgetting about the message.
GET IT People. IT IS ABOUT SPENDING AND SPENDING ALONE. Yes, some people will get hurt a bit. But the entire
US could crumble from within if we continue to spend like fools without being responsible.
IT'S ABOUT IDEOLOGY, GREED AND POWER. And that has brought the US to a downgrade on our credit rating.
It is time to do some unpopular things to get the US back on track or we will begin to look like GREECE and
the riots in the streets.
http://craigkamman.wordpress.com/2011/08/08/sp-downgrade-whos-to-blame/
Read the article above. Then call your congressperson and tell them to cut spending.
We are all in this together. The poor, the middle class and the rich - the small businesses and the large
corporations - the financial institutions - all. The dollar is built on trust. That's the secret. If the populace
believes in the dollar and if the world believes in the dollar, the dollar will be strong. And of course the dollar
has to be based on a strong budget with positive cash flow. That means we need to get the spending down
and let business grow so we can increase revenue from increase business - not taxes but increased revenue
on which taxes are levied.
We need to reduce spending until spending is below 35% of GDP. Currently Spending is at 67% of GDP on
our way to 75% of GDP in a short time unless we change and reduce spending. It is not about casting blame.
IT IS ABOUT DOING THE RESPONSIBLE THING.
AND THAT'S THE WAY I SEE IT
Straight Talk with Jay Clifford
at other people. Seems he is never responsible for anything he does.
Now Axelrod the slayer of truth and the lead finger pointer of blame is saying that it's the TEA PARTY that caused
this rating downgrade. Come on people.
Related articles
- Axelrod laments 'tea party downgrade' (politicalticker.blogs.cnn.com)
- Ron & Rand Paul: Don't blame the Tea Party (cbsnews.com)
All the tea party did was to point out to the Amercian people that we are spending too much for the money
we bring in as a nation. Talk about killing the messenger and forgetting about the message.
GET IT People. IT IS ABOUT SPENDING AND SPENDING ALONE. Yes, some people will get hurt a bit. But the entire
US could crumble from within if we continue to spend like fools without being responsible.
IT'S ABOUT IDEOLOGY, GREED AND POWER. And that has brought the US to a downgrade on our credit rating.
It is time to do some unpopular things to get the US back on track or we will begin to look like GREECE and
the riots in the streets.
http://craigkamman.wordpress.com/2011/08/08/sp-downgrade-whos-to-blame/
Read the article above. Then call your congressperson and tell them to cut spending.
We are all in this together. The poor, the middle class and the rich - the small businesses and the large
corporations - the financial institutions - all. The dollar is built on trust. That's the secret. If the populace
believes in the dollar and if the world believes in the dollar, the dollar will be strong. And of course the dollar
has to be based on a strong budget with positive cash flow. That means we need to get the spending down
and let business grow so we can increase revenue from increase business - not taxes but increased revenue
on which taxes are levied.
We need to reduce spending until spending is below 35% of GDP. Currently Spending is at 67% of GDP on
our way to 75% of GDP in a short time unless we change and reduce spending. It is not about casting blame.
IT IS ABOUT DOING THE RESPONSIBLE THING.
AND THAT'S THE WAY I SEE IT
Straight Talk with Jay Clifford
The Obama vacation days
Ok everyone should get a vacation every now and then. But $76,000 for a night out on the town is way too
much money for a President to spend in the recession.
And where is the President these days where the proverbial sh*t is hitting the fan. He is out trying to gather money for the re-election game. In fact he has been campaigning to be re-elected from the first day in office instead of doing what a President should do - and that's be a leader. And where will he be over the next 16 months???
On the road collecting more money. He knows he will need more money to lambast any Republican candidate.
That is his strategy. Not to run on his absolutely dismal record but to make the Republican candidate seem so
terrible that you might vote for Obama because of how the Democrats have painted the Republican candidate.
This President has taken a bad time and made it worse by a factor of 10. He DOES NOT DESERVE ANOTHER 4 YEARS.
AND THAT'S THE WAY I SEE IT...
Straight Talk With Jay Clifford
much money for a President to spend in the recession.
And where is the President these days where the proverbial sh*t is hitting the fan. He is out trying to gather money for the re-election game. In fact he has been campaigning to be re-elected from the first day in office instead of doing what a President should do - and that's be a leader. And where will he be over the next 16 months???
On the road collecting more money. He knows he will need more money to lambast any Republican candidate.
That is his strategy. Not to run on his absolutely dismal record but to make the Republican candidate seem so
terrible that you might vote for Obama because of how the Democrats have painted the Republican candidate.
This President has taken a bad time and made it worse by a factor of 10. He DOES NOT DESERVE ANOTHER 4 YEARS.
AND THAT'S THE WAY I SEE IT...
Straight Talk With Jay Clifford
STOCK MARKET FELL FROM 12850 TO 10800 IN 2 WEEKS
EVERYONE should have seen this. And what happened immediately after the stock market fell over 600
points and rallied back to only a 400 point loss?? Well the obama spoke. In the next ten minutes after he spoke,
the market crashed back down another 200+ points. Why? Because obama spoke smoke and mirrors and
had nothing concrete to say; just more of the same.
So what happened next? The Republicans said the same thing they have been saying for over a year. "It's
not about adding income. It IS about reducing spending." And S & P rating agency agreed and downgraded
the US debt for the first time in our history.
The treasury market rallied. Why? Because the world knows that the DOLLAR is strong. But the stock
market took it hard and everyone with a mutual fund or 401K lost money
We need to reduce spending NOW. And contrary to the Republicans thought, we need to both lower federal
taxes while closing loopholes which allows GE to make hundreds of Billions of dollars profit and pay no tax plus by adding a national 1/4% national sales tax on everything except food and medicines. Between the parts,
the debt could be reduced enough to shrink to a NON-GROWTH phase. And in 10 years the debt could
be lower than it is now by several trillion dollars. That's real money people. We pay real money on the interest on that debt. The lower the debt and less we spend on interest - the more we can spend on US citizens.
BUT we need to act now! The congress needs to act NOW!
And that's the way I see it...
Straight Talk with Jay Clifford
points and rallied back to only a 400 point loss?? Well the obama spoke. In the next ten minutes after he spoke,
the market crashed back down another 200+ points. Why? Because obama spoke smoke and mirrors and
had nothing concrete to say; just more of the same.
Related articles
- Obama's One Economic Upside Heads Down (thecaucus.blogs.nytimes.com)
- Dow Crashes 600 points, Obama Mental Illness Worsens: "The U.S. will always be a triple-A country despite what rating agencies say" (atlasshrugs2000.typepad.com)
So what happened next? The Republicans said the same thing they have been saying for over a year. "It's
not about adding income. It IS about reducing spending." And S & P rating agency agreed and downgraded
the US debt for the first time in our history.
The treasury market rallied. Why? Because the world knows that the DOLLAR is strong. But the stock
market took it hard and everyone with a mutual fund or 401K lost money
We need to reduce spending NOW. And contrary to the Republicans thought, we need to both lower federal
taxes while closing loopholes which allows GE to make hundreds of Billions of dollars profit and pay no tax plus by adding a national 1/4% national sales tax on everything except food and medicines. Between the parts,
the debt could be reduced enough to shrink to a NON-GROWTH phase. And in 10 years the debt could
be lower than it is now by several trillion dollars. That's real money people. We pay real money on the interest on that debt. The lower the debt and less we spend on interest - the more we can spend on US citizens.
BUT we need to act now! The congress needs to act NOW!
And that's the way I see it...
Straight Talk with Jay Clifford
Sunday, July 31, 2011
Budget framework compromise weakened by obama's press conference
After all the wrangling between two sides and between sides within sides the President opens his mouth
and in a few sentences tells everyone that he believes the compromise is bad and he would not have
gone along with it.
How dare the President.
If I was either a Dem. or Rep. on the left or right of my party, I would be thinking hard whether
to vote yes or no after the President's stupid speech. He should have just kept his mouth shut
and left the process work. BUT NOOOOOO. He has to be the big shot and try to take some of'
the glory that was made by Congress.
This is a man who reached his Peter Principle when he became a senator and is mucking things up.
This man needs to admit he is over his head, step down and let the Vice President take over.
Let me know what you think - either leave a response so all can see or e-mail me at JayClifford@gmail.com
And that's the way I see it...
Straight Talk With Jay Clifford
and in a few sentences tells everyone that he believes the compromise is bad and he would not have
gone along with it.
How dare the President.
If I was either a Dem. or Rep. on the left or right of my party, I would be thinking hard whether
to vote yes or no after the President's stupid speech. He should have just kept his mouth shut
and left the process work. BUT NOOOOOO. He has to be the big shot and try to take some of'
the glory that was made by Congress.
This is a man who reached his Peter Principle when he became a senator and is mucking things up.
This man needs to admit he is over his head, step down and let the Vice President take over.
Let me know what you think - either leave a response so all can see or e-mail me at JayClifford@gmail.com
And that's the way I see it...
Straight Talk With Jay Clifford
Why we need a FIX on the DEFICIT
A while back Congress passed a credit card law which said that the credit card issuers must charge more
in their minimum payment. Why did this law pass? Because if your interest is 19.99% per year and the bill
is only for a minimum of 1% of the outstanding balance, then next month's balance will be larger even if that
person does not purchase anything over the next month. So by BEING FORCED TO PAY HIGHER MINIMUM, the
CONSUMER WILL BE FORCE TO PAY DOWN THEIR BALANCE AND AVOID A FINANCIAL CRISIS.
SOUND FAMILIAR ???
Today with our deficit around 1.426 Trillion and growing by 4 BILLION A DAY the ONLY WAY TO REDUCE THE
DEFICIT IS TO STOP SPENDING.
WHY NOT JUST INCREASE THE PAYMENT??? GOOD QUESTION!
UNLIKE the individual consumer who can stop spending and use that extra savings to pay down their credit card balance, CONGRESS IS COMPLETELY DEPENDENT ON TAX REVENUES. AND BY TAXING EVERYONE MAKING OVER
$150,000, THERE IS NOT ENOUGH MONEY CREATED BY THE 100% TAX RATE TO MAKE A DENT IN THE DEFICIT.
Therefore there are three options.
Sell Assets - The US has HUNDREDS OF BILLIONS OF DOLLARS IN ASSETS THAT COULD BE SOLD AND AND THE
NEW OWNERS COULD RUN THESE ASSETS MORE PROFITABLY AS WELL. Money into the treasury now and a stopping of red ink by owning these assets over the years.
CUT Spending - The toughest and best option - but it is more political than fiscal. Both sides seem to not
recognize that there is too much deficit and their way of receiving BRIBES from lobbyists to pass favorable laws for particular companies at the expense of the Citizens of the USA are over.
Devalue the dollar - the worst option. We have already devalued the dollar some 25% in the last 2 years.
That is a hidden tax on everyone. Costs will go up and inflation will grow. We are already printing hundreds
of billions of dollars EVERY WEEK more than the US receives in tax revenue. This is not good.
So the easiest and best solution is to cut spending now. And forget about this bull of cutting over ten years with most of the cuts occurring in the last few years. That is smoke and mirrors because by the time the real cuts begin, the deficit has already grown by another 25%.
We need cuts this year and every year for 10 to 20 years.
We can cut the military - 50 to 100 billion a year
We can cut out completely the Cabinet of education - saves about 15 billion a year
We can cut partially aid to hostile counties - saves about 50 billion a year
We can partially cut food stamps to non-citizens - saves about 35 Billion a year
We can partially cut the size of the Congressional staff force - saves about 100 Billion a year
SO YOU SEE THERE ARE WAYS TO CUT THE DEFICIT IF THE CONGRESS LIVES UP TO ITS OATH TO PROTECT THE
CONSTITUTION OF THE UNITED STATES.
HERE'S THE BEST PART > FOR EVERY HUNDRED BILLION OF DEFICIT CUT - THE AMERICAN PEOPLE SAVE
ONE BILLION OR MORE IN INTEREST PAYMENTS. THAT IS IMMEDIATE MONEY AVAILABLE FOR SOCIAL PROGRAMS.
IF THE DEFICIT IS CUT IN HALF OVER A FEW YEARS, THE REMAINING DEFICIT WILL ONLY REQUIRE HALF THE
INTEREST PAYMENTS AND AT THAT TIME, THE BUDGET WOULD HAVE BILLIONS FOR SOCIAL PROGRAMS. AND
THE INTEREST RATES WOULD REMAIN STABLE AND THE HOUSING MARKET WOULD STABILIZE AND THE
RECESSION WOULD BE OVER AND THERE WOULD BE JOBS FOR ALL WHO WANT TO WORK.
And that's the way I see it...
Straight Talk With Jay Clifford
in their minimum payment. Why did this law pass? Because if your interest is 19.99% per year and the bill
is only for a minimum of 1% of the outstanding balance, then next month's balance will be larger even if that
person does not purchase anything over the next month. So by BEING FORCED TO PAY HIGHER MINIMUM, the
CONSUMER WILL BE FORCE TO PAY DOWN THEIR BALANCE AND AVOID A FINANCIAL CRISIS.
SOUND FAMILIAR ???
Today with our deficit around 1.426 Trillion and growing by 4 BILLION A DAY the ONLY WAY TO REDUCE THE
DEFICIT IS TO STOP SPENDING.
WHY NOT JUST INCREASE THE PAYMENT??? GOOD QUESTION!
UNLIKE the individual consumer who can stop spending and use that extra savings to pay down their credit card balance, CONGRESS IS COMPLETELY DEPENDENT ON TAX REVENUES. AND BY TAXING EVERYONE MAKING OVER
$150,000, THERE IS NOT ENOUGH MONEY CREATED BY THE 100% TAX RATE TO MAKE A DENT IN THE DEFICIT.
Therefore there are three options.
Sell Assets - The US has HUNDREDS OF BILLIONS OF DOLLARS IN ASSETS THAT COULD BE SOLD AND AND THE
NEW OWNERS COULD RUN THESE ASSETS MORE PROFITABLY AS WELL. Money into the treasury now and a stopping of red ink by owning these assets over the years.
CUT Spending - The toughest and best option - but it is more political than fiscal. Both sides seem to not
recognize that there is too much deficit and their way of receiving BRIBES from lobbyists to pass favorable laws for particular companies at the expense of the Citizens of the USA are over.
Devalue the dollar - the worst option. We have already devalued the dollar some 25% in the last 2 years.
That is a hidden tax on everyone. Costs will go up and inflation will grow. We are already printing hundreds
of billions of dollars EVERY WEEK more than the US receives in tax revenue. This is not good.
So the easiest and best solution is to cut spending now. And forget about this bull of cutting over ten years with most of the cuts occurring in the last few years. That is smoke and mirrors because by the time the real cuts begin, the deficit has already grown by another 25%.
We need cuts this year and every year for 10 to 20 years.
We can cut the military - 50 to 100 billion a year
We can cut out completely the Cabinet of education - saves about 15 billion a year
We can cut partially aid to hostile counties - saves about 50 billion a year
We can partially cut food stamps to non-citizens - saves about 35 Billion a year
We can partially cut the size of the Congressional staff force - saves about 100 Billion a year
SO YOU SEE THERE ARE WAYS TO CUT THE DEFICIT IF THE CONGRESS LIVES UP TO ITS OATH TO PROTECT THE
CONSTITUTION OF THE UNITED STATES.
HERE'S THE BEST PART > FOR EVERY HUNDRED BILLION OF DEFICIT CUT - THE AMERICAN PEOPLE SAVE
ONE BILLION OR MORE IN INTEREST PAYMENTS. THAT IS IMMEDIATE MONEY AVAILABLE FOR SOCIAL PROGRAMS.
IF THE DEFICIT IS CUT IN HALF OVER A FEW YEARS, THE REMAINING DEFICIT WILL ONLY REQUIRE HALF THE
INTEREST PAYMENTS AND AT THAT TIME, THE BUDGET WOULD HAVE BILLIONS FOR SOCIAL PROGRAMS. AND
THE INTEREST RATES WOULD REMAIN STABLE AND THE HOUSING MARKET WOULD STABILIZE AND THE
RECESSION WOULD BE OVER AND THERE WOULD BE JOBS FOR ALL WHO WANT TO WORK.
And that's the way I see it...
Straight Talk With Jay Clifford
Related articles
- Fiscal sanity: 'Cut, Cap and Balance' (politico.com)
Why a fiscal crisis???
One side says it's all about the other side not wanting to compromise.
LETs LOOK AT THIS STATEMENT...
What this really means is: Congress has spent the USA into a financial crisis. Not one side, but both sides.
Now --- One side or rather a part of one side has said ENOUGH. --- LETs Get OUR FISCAL HOUSE IN ORDER.
And for once a part of Congress is requesting that there be a BALANCED BUDGET.
Why a BALANCED BUDGET???
That will restrict how much Congress will be able to spend of OUR MONEY WE SEND CONGRESS EACH YEAR.
So when one side says the other side is not willing to compromise, they are really saying ---
DO NOT TAKE AWAY MY BLANK CHECK.
IS that all bad???
When you consider how having a BALANCED BUDGET WILL RESTRICT LOBBYs' ABILITY TO GET FAVORS IN THE LAWS, A BALANCED BUDGET HAS POSITIVE IMPLICATION.
AND LIKE SPOILED CHILDREN, THE CONGRESS DOES NOT ANY RESTRICTIONS PLACED ON IT.
And that's the way I see it...
Straight Talk with Jay Clifford
LETs LOOK AT THIS STATEMENT...
What this really means is: Congress has spent the USA into a financial crisis. Not one side, but both sides.
Now --- One side or rather a part of one side has said ENOUGH. --- LETs Get OUR FISCAL HOUSE IN ORDER.
And for once a part of Congress is requesting that there be a BALANCED BUDGET.
Why a BALANCED BUDGET???
That will restrict how much Congress will be able to spend of OUR MONEY WE SEND CONGRESS EACH YEAR.
So when one side says the other side is not willing to compromise, they are really saying ---
DO NOT TAKE AWAY MY BLANK CHECK.
IS that all bad???
When you consider how having a BALANCED BUDGET WILL RESTRICT LOBBYs' ABILITY TO GET FAVORS IN THE LAWS, A BALANCED BUDGET HAS POSITIVE IMPLICATION.
AND LIKE SPOILED CHILDREN, THE CONGRESS DOES NOT ANY RESTRICTIONS PLACED ON IT.
And that's the way I see it...
Straight Talk with Jay Clifford
Thursday, April 14, 2011
Our Budget is going to take us all down.
If you have credit cards where the minimum payments are more than your take home pay and you are borrowing even more money from your credit cards to cover the payments, then you are in reality --- BANKRUPT!
NO GETTING AROUND THIS ONE FACT.
So what are you going to do. You have three choices:
1) Get a second job and earn your way out of the dilemma you created by spending too much;
2) Find some way to decrease your monthly spending - stop buying some discretionary items.
3) Sell some things to create some extra source of income
AND probably all three.
OR
You will have to declare bankruptcy.
Now we take the US government's budget. The INTEREST on the debt is fast approaching what the total income
of the United States is. Once the debt ceiling is raised and the U.S. borrows more money; and once interest rates begin to move up just a little bit, the total interest on the US debt WILL BE MORE THAN ALL THE INCOME THAT THE U.S. TAKES IN. And as inflation kicks in and we print more money to pay for the interest without ever paying down the principle debt, the US Dollar will become worthless. And worse, the U.S. will be forced to de-value its currency. Time will come when you are asked to turn in 10 old green dollars for 1 new tan/green dollars. Instantly everyone will be poorer by a factor of TEN. If you had 10,000 in the bank, you would then only have 1,000. And the prices of food and commodities would be the same or higher.
GET IT PEOPLE !!! WE DO NOT HAVE TO LIKE IT!!! BUT WE EITHER HAVE TO REDUCE THE U.S. SPENDING AND SOME OF THE PEOPLE WITH GET HURT OR WE CONTINUE TO SPEND AND ALL THE PEOPLE WILL GET HURT.
THOSE ARE THE U.S.A.'s ONLY TWO CHOICES. You do not have to like them. The two choices are there and you have to decide how you will go from here.
It's a choice between very bad and disaster. No one will like it. BUT it will be one or the other choice no matter what side of the political spectrum you are on. So my choice is to begin to cut spending and NOT raise the U.S. debt spending limit.
As the debt is slowly and painfully reduced over several years and as the U.S. economy slowly begins to increase and more people are employed and pay more taxes, then and only then, will the U.S. economy and the U.S. dollar get on firm ground.
And that's the way I see it...
Straight Talk with Jay Clifford
NO GETTING AROUND THIS ONE FACT.
So what are you going to do. You have three choices:
1) Get a second job and earn your way out of the dilemma you created by spending too much;
2) Find some way to decrease your monthly spending - stop buying some discretionary items.
3) Sell some things to create some extra source of income
AND probably all three.
OR
You will have to declare bankruptcy.
Now we take the US government's budget. The INTEREST on the debt is fast approaching what the total income
of the United States is. Once the debt ceiling is raised and the U.S. borrows more money; and once interest rates begin to move up just a little bit, the total interest on the US debt WILL BE MORE THAN ALL THE INCOME THAT THE U.S. TAKES IN. And as inflation kicks in and we print more money to pay for the interest without ever paying down the principle debt, the US Dollar will become worthless. And worse, the U.S. will be forced to de-value its currency. Time will come when you are asked to turn in 10 old green dollars for 1 new tan/green dollars. Instantly everyone will be poorer by a factor of TEN. If you had 10,000 in the bank, you would then only have 1,000. And the prices of food and commodities would be the same or higher.
GET IT PEOPLE !!! WE DO NOT HAVE TO LIKE IT!!! BUT WE EITHER HAVE TO REDUCE THE U.S. SPENDING AND SOME OF THE PEOPLE WITH GET HURT OR WE CONTINUE TO SPEND AND ALL THE PEOPLE WILL GET HURT.
THOSE ARE THE U.S.A.'s ONLY TWO CHOICES. You do not have to like them. The two choices are there and you have to decide how you will go from here.
It's a choice between very bad and disaster. No one will like it. BUT it will be one or the other choice no matter what side of the political spectrum you are on. So my choice is to begin to cut spending and NOT raise the U.S. debt spending limit.
As the debt is slowly and painfully reduced over several years and as the U.S. economy slowly begins to increase and more people are employed and pay more taxes, then and only then, will the U.S. economy and the U.S. dollar get on firm ground.
And that's the way I see it...
Straight Talk with Jay Clifford
Related articles
- Will America Default on Its Debts? (adamcollyer.wordpress.com)
- The Debt Bomb Is Coming Due (kudlowsmoneypolitics.blogspot.com)
Friday, April 8, 2011
Where is Lincoln when we need him
We had a leader in President Lincoln. A person of commitment. A person of foresight. A person of justice. A person of Honor. Yes, President was all these things and more. And he was killed by the confederates. John W Booth, it turns out, was an officer in the confederate army. But the President was a leader among men.
And what do we have now??? A passive quasi-professor with one foot racial world and one foot in the socialist world. Someone who may or may not be a citizen of the USA. Someone who really never taught at the Univ Of Chicago. He was just a grad student fill-in who worked for free just to be able to say he was a professor on his resume. And he probably never went or Princeton or Harvard. At least there is not one graduate of either UNiversity who remembers him. And did he get the scholarship he applied for as a KENYA resident? Who knows.
And when he was in the Illinois house of Representatives he ALWAYS voted "present". He never was able to make a commitment. OH YES, except to the pastor who hates America - "wright".
Then there is his Senate tenure where he repeated most of his votes as "Present" EXCEPT where he voted exactly opposite the way he acts as President.
And has he every worked? I mean taken a job. NO
And has he every managed a group of employees. NO - He has zero experience as a manager.
In my opinion, he is as weak as President Carter and President obama is doing to America what President Carter did. He is weakening America and hurting alliances with our best allies. obama is embarrassing the USA with all the world. The world now thinks that the USA and obama are weak and not to be trusted. Quite an accomplishment for just two years in office.
And lets not forget how the Democrats and obama are bankrupting the USA. Don't come to me crying that the dollar has been de-valued in a short while from now. Every nation that tried to "inflate" its currency to get out of debt has de-valued their money. The people suffered terribly. That is the Future of the USA unless some one or Some group can stop the spending and reduce the obama and democratic debt significantly.
President Lincoln - President Reagan - we need you now.
And that's the way I see it...
Straight Talk with Jay Clifford
And what do we have now??? A passive quasi-professor with one foot racial world and one foot in the socialist world. Someone who may or may not be a citizen of the USA. Someone who really never taught at the Univ Of Chicago. He was just a grad student fill-in who worked for free just to be able to say he was a professor on his resume. And he probably never went or Princeton or Harvard. At least there is not one graduate of either UNiversity who remembers him. And did he get the scholarship he applied for as a KENYA resident? Who knows.
And when he was in the Illinois house of Representatives he ALWAYS voted "present". He never was able to make a commitment. OH YES, except to the pastor who hates America - "wright".
Then there is his Senate tenure where he repeated most of his votes as "Present" EXCEPT where he voted exactly opposite the way he acts as President.
And has he every worked? I mean taken a job. NO
And has he every managed a group of employees. NO - He has zero experience as a manager.
In my opinion, he is as weak as President Carter and President obama is doing to America what President Carter did. He is weakening America and hurting alliances with our best allies. obama is embarrassing the USA with all the world. The world now thinks that the USA and obama are weak and not to be trusted. Quite an accomplishment for just two years in office.
And lets not forget how the Democrats and obama are bankrupting the USA. Don't come to me crying that the dollar has been de-valued in a short while from now. Every nation that tried to "inflate" its currency to get out of debt has de-valued their money. The people suffered terribly. That is the Future of the USA unless some one or Some group can stop the spending and reduce the obama and democratic debt significantly.
President Lincoln - President Reagan - we need you now.
And that's the way I see it...
Straight Talk with Jay Clifford
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obama N carter Bad for the USA
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