Webbahs Blog

Friday, November 12, 2004

Fasten your Boots

Fasten your boots, the ride is just beginning.

With the working population growing at 150k a month, the American Capital System is in jeopardy. Gone are many of the manufacturing jobs that supported working class famlies for so long. It's a new dawn in the job market these days.

With a large pool of workers, corporation no longer need to offer benefit packages to attract qualified candidates. This is why there has been a large rise in temporary workers the past decade and a half.

Bush stated in the third debate that the country is moving towards an "ownership society" and in a recent Gallop poll and "greed and materialism" was the number one moral issue.

Ultimately, this will further divide our country into have and have nots.
Further evidence is that home ownership is at a record high, but also are the number of bankruptcies and the number of people entering poverty. This is a bubble ready to burst.

When a computer hangs, the user presses the reset button. The capital system is in much need of a reset. Similar to the stock market crash of 1929. Although, the human suffering would be widespread, it is the best thing that could happen to this country in the long run as greed is out of control.

Tuesday, November 09, 2004

The War on Terrorism

1: If 75% of Al-Queda has been captured or killed as Bush claims, how much of a War on terror can there be?

2: As we all know there were no huge stock piles of WMD's in Iraq, so the Bush administration backed peddled to use other excuses to invade Iraq and remove Sadamm.

If 9/11 did not happen would we be in Iraq? I would imagine that Bush would be treating Iraq like he is treating the N. Korea and Iran.

Also if the sanctions against Sadamm were not working as Bush indicated, they why did Sadamm want to wait until they were lifted to resume his WMD program? Oh, he wanted to wait until no one was watching him. So the sanctions were working.

Republicans spin it to their favor no matter what the facts are or how some event unfolds.
Just after the election, the last job report, indicated that 337k jobs were created. Not to shabby to Bush's credit. however, the unemployment rate rose slightly to 5.5% from a previous level of 5.4%. Yet, according to Fox News it was because more people entered the job market. Wait! Durring the months before the election, Republican supporters were selling "it's the lowest rate of unemployment since Clinton in 1996". It's the fasted growing economy in 20 years.
So the real figure of 5.4% was because many people left the job market only to return when the job market started to improve. It doesn't factually add up, It's the number of unemployment claims filed that measure the rate of unemployment so how can it be that more peopled entered the job market? Did they reopen their unemployment claims, or file a new one? You can only open or reopen an unemployment claim due to a lack of work or a slow down.

The truth is that when it was 5.4% many people did give up on finding a job, so that number is inaccurate. Yet the Republicans used it to make themselves look good. When it rose back to 5.5% they again used the "more people re-entered the job market" to justify the slight increase.
They want to take credit both ways. It's just another example of Americans getting duped by Republican spin.

The Elections is Over

The election is over. I wanted Kerry to win and thought he would. I have a feeling that Bush will screw up big time. 59 million American's just don't get the Republican greed machine. They have been duped by it again. American's were so concerned with gay marriage. Weather gays are married or not is not going to help you put food on the table, insure your family or educate your children.

Bush tried to market himself as a compasionate conserative. Perhaps as an individual he is. But he represents a party that is not. Just watch the Senate debates sometime, if you've ever been laid off, knocked down doors to find work you know what I'm talking about. Your unemployment benefits are going to run out and you desperately need the extention, unfortuately the Republicans block it, like they did in Dec 2003. Some call it an entitlement, perhaps it is, but why have the program if it can't be used?

The same with the minimum wage. For 7 years they have block it. Imagine not getting a raise for 7 years. Even a modest cost of living raise. After all the Senate votes themselves one.
I know what many will say, they can find another job if they are not happy. but put it in perspective, these people are earning minimum wage for a reason. Everyone deserves a cost of living raise, no matter how "low level" a job may or may not be. Americans need to wake up and realize that the Republican party is just smoke and mirrors. It's all about making as much money as possible. Now the Bush administration is working on CAFTA, does that mean more outsourcing? We will wait and see.

Bush wants to fix social security by creating private savings accounts. It may or may not be a good plan. Time will tell. But one thing I know that will definately help it is to remove the tax cap ceiling. Currently it is $87,700. After a person's wages break that year to date amount they no longer take out the 6.2% social security tax. Let's look at it closer. The top 2% pay the most taxes, in dollars that government takes in, around 80% of gross tax revenues collected. Hence why Kerry wanted to roll back the tax rate for those making over $200k to the old Clinton rate.
So why not just remove the social security tax cap? That would be a ton of money. It would definately fix the system. The problem is the mega rich don't need social security when they retire and it would be unfair to make them pay, right? Well where is the compasionate conserativism bush claims he has? See how you are getting duped. I have no problem paying into the social security system if it helps people.