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Home of the Democratic National Convention! Help us support Barack Obama for President.
To many times this year I said the economy is in CONTRACTION.
On March 27 I published one post with the following name: It looks like the Titanic's History! The Economy
Everywhere outside the inner circles of Washington are talking about the economy is in recession, economists around the country are talking with data in hand and statistical methods and models, sustaining the economy is in recession.
But only the lurid government of George W Bush and his political puppets of both parties won’t to acknowledge this irrefutable reality.
One main principle in economy is the fact first and foremost recognize the crisis in the exactly magnitude where is it, with this data you can structure a plan capable to reverse this economics behaviors, otherwise any false analyze could worsened the crisis.
At this point here is is the majuscule irresponsibility of the government and the political statement of both parties, when they do not want to recognize the economy is in recession. As Germany did few weeks ago.
Now the National Bureau of Economic Research is recognizing the economy is in recession.
Yes the economy is in recession heading very fast to the worst depression ever, as a consequences of this stupid behaviors of not admit the reality and try to hidden the true of the crisis.
Nothing could be very worst than the lack of admit the realities in economic terms.
These entire politicians in charge are sinking this country in to the most catastrophic economic downturn; they are playing and buying time instead made structural correction to the economy.
They irresponsible bailout and send billion of inorganic and unproductive money to the markets.
All are accomplices of this charade of print inorganic money and send it to the market in the most regretfully method of bailing out institutions who are per se out of business.
Here is now the new reality, banks are failing, big manufactures are failing, small businesses are failing, the construction industry is failing long time ago,
Means, two of the biggest employers of this country are failing (Construction & Smalls business).
Yes, if you think the automakers or the business associates with the markets are the biggest employers you are dead wrong and this is exactly this politician of the status want to sell in order to continue putting inorganic money at the expense of the taxpayer.
These actions now are compromising at least the next two generation of Americans and they are going to pay huge for this government irresponsibility.
No one can assume this crisis is going to be resolved by any means in the next ten or fifteen years if “only if” the next administration took the necessary structural steps of corrections.
In terms of UNDO this economic crisis: “the fail of one year represent 10 years of setting back”
With this equation, President Elect Barack Obama has to deal. He has no choice! And there are not excuses about the world are in crisis or so on.
Yes, the world is in crisis, and this crisis is the failure of this ECONOMIC MODEL.
The new realignment if underway, now depend of each government how to handle the situation to prevail or to fail.
Percy H Florez
On March 27 I published one post with the following name: It looks like the Titanic's History! The Economy
Everywhere outside the inner circles of Washington are talking about the economy is in recession, economists around the country are talking with data in hand and statistical methods and models, sustaining the economy is in recession.
But only the lurid government of George W Bush and his political puppets of both parties won’t to acknowledge this irrefutable reality.
One main principle in economy is the fact first and foremost recognize the crisis in the exactly magnitude where is it, with this data you can structure a plan capable to reverse this economics behaviors, otherwise any false analyze could worsened the crisis.
At this point here is is the majuscule irresponsibility of the government and the political statement of both parties, when they do not want to recognize the economy is in recession. As Germany did few weeks ago.
Now the National Bureau of Economic Research is recognizing the economy is in recession.
Yes the economy is in recession heading very fast to the worst depression ever, as a consequences of this stupid behaviors of not admit the reality and try to hidden the true of the crisis.
Nothing could be very worst than the lack of admit the realities in economic terms.
These entire politicians in charge are sinking this country in to the most catastrophic economic downturn; they are playing and buying time instead made structural correction to the economy.
They irresponsible bailout and send billion of inorganic and unproductive money to the markets.
All are accomplices of this charade of print inorganic money and send it to the market in the most regretfully method of bailing out institutions who are per se out of business.
Here is now the new reality, banks are failing, big manufactures are failing, small businesses are failing, the construction industry is failing long time ago,
Means, two of the biggest employers of this country are failing (Construction & Smalls business).
Yes, if you think the automakers or the business associates with the markets are the biggest employers you are dead wrong and this is exactly this politician of the status want to sell in order to continue putting inorganic money at the expense of the taxpayer.
These actions now are compromising at least the next two generation of Americans and they are going to pay huge for this government irresponsibility.
No one can assume this crisis is going to be resolved by any means in the next ten or fifteen years if “only if” the next administration took the necessary structural steps of corrections.
In terms of UNDO this economic crisis: “the fail of one year represent 10 years of setting back”
With this equation, President Elect Barack Obama has to deal. He has no choice! And there are not excuses about the world are in crisis or so on.
Yes, the world is in crisis, and this crisis is the failure of this ECONOMIC MODEL.
The new realignment if underway, now depend of each government how to handle the situation to prevail or to fail.
Percy H Florez
Since the last weekend just am participating in the fiercest battle against those groups who are trying to organize a big Rally on day ONE against Barack Obama in the issue about immigration.
The list serve of many Hispanic groups in the Barack Obama web site is flooding profusely in message about this MARCH!
The organizer has nothing to say about it.
Suspicious:
I just am wondering why suddenly too many born American citizen are behind this March and are pushing our community to do so.
The answer for many Hispanic people in this group is prudence and organization before doing something like that. 85 percent or more of the participants in this discussion are Hispanic people talking and pressing for measure and organization, the others (few) are in favor of the MARCH and these unknowns born American citizens are vehemently pushing for the MARCH against BARACK OBAMA.
My questions are:
Why this MARCH on day ONE?
Why this fellow Americans are very interesting in this action against Obama?
Why they are pushing our community to do something like that on day ONE?
Who they are?
Why this March against a government who don’t address the immigration issue at this time and the Hispanic community don’t know exactly wish one is the real position of the new administration?
Why the RUSH of this organizer for this so called “LA MARCHA”
Who’s behind scene?
It’s something planned by the groups anti immigrants like the MINUTEMAN group?
Or it’s something planned by THE REPUBLICANS?
After all the only beneficiary of the negative consequences of this extemporary pressure against the new administration in our community could be the Republican Party and the anti immigrants groups, like the MINUTEMAN!
Percy H Florez
The list serve of many Hispanic groups in the Barack Obama web site is flooding profusely in message about this MARCH!
The organizer has nothing to say about it.
Suspicious:
I just am wondering why suddenly too many born American citizen are behind this March and are pushing our community to do so.
The answer for many Hispanic people in this group is prudence and organization before doing something like that. 85 percent or more of the participants in this discussion are Hispanic people talking and pressing for measure and organization, the others (few) are in favor of the MARCH and these unknowns born American citizens are vehemently pushing for the MARCH against BARACK OBAMA.
My questions are:
Why this MARCH on day ONE?
Why this fellow Americans are very interesting in this action against Obama?
Why they are pushing our community to do something like that on day ONE?
Who they are?
Why this March against a government who don’t address the immigration issue at this time and the Hispanic community don’t know exactly wish one is the real position of the new administration?
Why the RUSH of this organizer for this so called “LA MARCHA”
Who’s behind scene?
It’s something planned by the groups anti immigrants like the MINUTEMAN group?
Or it’s something planned by THE REPUBLICANS?
After all the only beneficiary of the negative consequences of this extemporary pressure against the new administration in our community could be the Republican Party and the anti immigrants groups, like the MINUTEMAN!
Percy H Florez
On Wednesday I receive one of the most heartbreak emails ever. A Heart Break E-mail and I posted the entirely email as it, as a proof of what is happen in the VETERNAS ADMINISTRATION (VA).
VA literally is broken in his finances and the bureaucracy in this department follow a steady course, those facts are the principals cause of dissatisfaction for many VETERANS who are rightfully entitle to receive the assistance they deserve from the VA.
This soldiers practically are begging to the VA for solutions, THE ONLY THINK THEY WANT is receive a respectfully treatment, They want his payments on time and the necessary medical assistance they need, They want to be loved by his country as they much loved it.
Not enough was the discovering of the disastrous mistreatment they suffer in the Walter Reid Hospital, they receive promises and some improvement, just the necessary actions to calm down the media, but the really true is nobody is talking about the continue injustice this proudly HEROS receiving every single day from the VA.
If there is some institution in this country need a BAILOUT is the VA, they has the great responsibility of taking care of all VETERANS?
Of course at this point there are not EXTRAORDINARY session of the CONGRESSMAN favoring any solution in this mess of the VA, NOT special declarations of the Speaker of the House, or the Majority Leader calling for immediate and expedite solutions of the SOLDIERS problems dealing with the VA, as they did easily in FAVOR of the corrupted institutions in wall street.........NO, there are NOT prefabricated NEWS CONFERENCE voicing for a quickly and smart solutions for the VETERANS ADMINISTRATION , there are NOT RUSH to solve his problems, NO pressure to the people and fancy explanations to secure VOTES.
At the end of the day nothing is going to happen, may be they think …….. THEY ARE TOO LITTLE AND TOO POOR.
It’s incredible and hard to believe, these two young soldiers practically begin for money because the VA unwariness’.
I can't visualize how this kind of differences could happen in this country?
Lawmakers know what happen in the VETERAN ADMINISTRATION, this is nothing new, this problem coming from years before. But always they couldn't find out the right solution, only promises and long time lapses and debates, until something special come out trough the media like this issue of the Walter Reid. I just wondering if someone of these busy lawmakers of Washington are going to read this: A Heart Break E-mail.
Why does the Congress ISSUE a rush and fair “BAILOUT” to the VETERANS ADMINISTRATION (VA) solving definitively and permanently all the PROEBLEMS THEY SURELLY HAS, as a real signal of gratitude for all what this soldiers did, after all is his responsibility's to do so.
Just am calling for some justice and sensibility to the attention of the President-Elected Barack Obama, I do not expect nothing being solve by the Bush Administration.
Just am calling to the leaders of the Congress for an EQUAL TREATMENT for these citizens, who with his WATCHS and exposures in dangerous way are granting the LIBERTY AND SECURITY of his countryman and them as congressmen’s they fully enjoyed.
This proudly man’s and women’s of the United States Armed Forces, HERO’S of the past and present wars, deserved nothing less than EQUAL TREATMENT, quickly and expedites solutions for the VETRANS ADMINISTRATION (VA), as others entitlements or institutions recently receive from the United State Congress.
Percy H Florez
VA literally is broken in his finances and the bureaucracy in this department follow a steady course, those facts are the principals cause of dissatisfaction for many VETERANS who are rightfully entitle to receive the assistance they deserve from the VA.
This soldiers practically are begging to the VA for solutions, THE ONLY THINK THEY WANT is receive a respectfully treatment, They want his payments on time and the necessary medical assistance they need, They want to be loved by his country as they much loved it.
Not enough was the discovering of the disastrous mistreatment they suffer in the Walter Reid Hospital, they receive promises and some improvement, just the necessary actions to calm down the media, but the really true is nobody is talking about the continue injustice this proudly HEROS receiving every single day from the VA.
If there is some institution in this country need a BAILOUT is the VA, they has the great responsibility of taking care of all VETERANS?
Of course at this point there are not EXTRAORDINARY session of the CONGRESSMAN favoring any solution in this mess of the VA, NOT special declarations of the Speaker of the House, or the Majority Leader calling for immediate and expedite solutions of the SOLDIERS problems dealing with the VA, as they did easily in FAVOR of the corrupted institutions in wall street.........NO, there are NOT prefabricated NEWS CONFERENCE voicing for a quickly and smart solutions for the VETERANS ADMINISTRATION , there are NOT RUSH to solve his problems, NO pressure to the people and fancy explanations to secure VOTES.
At the end of the day nothing is going to happen, may be they think …….. THEY ARE TOO LITTLE AND TOO POOR.
It’s incredible and hard to believe, these two young soldiers practically begin for money because the VA unwariness’.
I can't visualize how this kind of differences could happen in this country?
Lawmakers know what happen in the VETERAN ADMINISTRATION, this is nothing new, this problem coming from years before. But always they couldn't find out the right solution, only promises and long time lapses and debates, until something special come out trough the media like this issue of the Walter Reid. I just wondering if someone of these busy lawmakers of Washington are going to read this: A Heart Break E-mail.
Why does the Congress ISSUE a rush and fair “BAILOUT” to the VETERANS ADMINISTRATION (VA) solving definitively and permanently all the PROEBLEMS THEY SURELLY HAS, as a real signal of gratitude for all what this soldiers did, after all is his responsibility's to do so.
Just am calling for some justice and sensibility to the attention of the President-Elected Barack Obama, I do not expect nothing being solve by the Bush Administration.
Just am calling to the leaders of the Congress for an EQUAL TREATMENT for these citizens, who with his WATCHS and exposures in dangerous way are granting the LIBERTY AND SECURITY of his countryman and them as congressmen’s they fully enjoyed.
This proudly man’s and women’s of the United States Armed Forces, HERO’S of the past and present wars, deserved nothing less than EQUAL TREATMENT, quickly and expedites solutions for the VETRANS ADMINISTRATION (VA), as others entitlements or institutions recently receive from the United State Congress.
Percy H Florez
Succumb to the immense pressure of the lobbyist companies in favor of the automakers he probably loose the great opportunity he has now to reshape the country and all this mess in to successfully and productive economy.
When I see Nancy Pelosi, Harry Reid, and all this lawmakers make pressure in favor of this incense policy instead have measure due to the big failure of the previous bailout they craft in the most irresponsible act of congress since the great depression. I have not doubt how much power this industries have.
In conclusion is time for real change instead throwing the money to the trash using this money for companies who already are dead because they fail to be competitive and productive.
I am not against these companies, I like the GMC Subaru, but in terms of competitiveness they are out of the market; they can’t compete in any way with his close competitors like Toyota or Honda. These two foreign automakers as an example invest a lot of money in this country, building lines of production that send to the market products made by Americans hard workers full of competitiveness among of quality and price.
By the way I just heard today this automaker from Detroit who are begin for government bailout using the taxpayer money, have a huge investment in the markets; they are bankers too, and they profited for a lot in this business, then now this is one of the reasons they are in troubles. They want easy money and they playing hard in the game of taking risk instead of made real changes in his line of production and adequate his products according to the new reality.
I just wondered if the new administration can resist such behavior and temptation instead made structural correction to the economy.
I hope Barack Obama don't loose the great opportunity he receive clearly form the people of this country and don't defraud the next generation of Americans who are watching very close what his going to do.
It's about time, let's see what happens
Percy H Florez
When I see Nancy Pelosi, Harry Reid, and all this lawmakers make pressure in favor of this incense policy instead have measure due to the big failure of the previous bailout they craft in the most irresponsible act of congress since the great depression. I have not doubt how much power this industries have.
In conclusion is time for real change instead throwing the money to the trash using this money for companies who already are dead because they fail to be competitive and productive.
I am not against these companies, I like the GMC Subaru, but in terms of competitiveness they are out of the market; they can’t compete in any way with his close competitors like Toyota or Honda. These two foreign automakers as an example invest a lot of money in this country, building lines of production that send to the market products made by Americans hard workers full of competitiveness among of quality and price.
By the way I just heard today this automaker from Detroit who are begin for government bailout using the taxpayer money, have a huge investment in the markets; they are bankers too, and they profited for a lot in this business, then now this is one of the reasons they are in troubles. They want easy money and they playing hard in the game of taking risk instead of made real changes in his line of production and adequate his products according to the new reality.
I just wondered if the new administration can resist such behavior and temptation instead made structural correction to the economy.
I hope Barack Obama don't loose the great opportunity he receive clearly form the people of this country and don't defraud the next generation of Americans who are watching very close what his going to do.
It's about time, let's see what happens
Percy H Florez
The Name's of The Fallen / Part 18 / Total Count as a today @ 6:03 PM 11/6/2008 4192 Soldiers are Dead / Names In Reverse order from: 4177 to 4192
4192 29-Oct-08 Private 1st Class Bradley S. Coleman 24 Martinsville VA
4191 29-Oct-08 Sergeant Scott J Metcalf 36 Framingham MA
4190 24-Oct-08 Private 1st Class Cody J Eggleston 21 Eugene OR
4189 23-Oct-08 Staff Sergeant Brian P Hause 29 Stoystown PA
4188 19-Oct-08 Lance Corporal Stacy A Dryden 22 North Canton OH
4187 16-Oct-08 Specialist Heath K Pickard 21 Palestine TX
4186 15-Oct-08 Specialist Justin A Saint 22 Albertville AL
4185 14-Oct-08 Specialist Christopher A McCraw 23 Columbia MS
4184 07-Oct-08 Sergeant Michael K Clark 24 Sacramento CA
4183 12-Oct-08 Specialist Geoffrey G Johnson 28 Lubbock TX
4182 11-Oct-08 Sergeant Reuben M Fernandez III 22 Abeline TX
4181 05-Oct-08 Colonel Michael R Stahlman 45 Chevy Chase MD
4180 05-Oct-08 Sergeant William P Rudd 27 Madisonville KY
4179 02-Oct-08 Private 1st Class Tavarus D Setzler 23 Jacksinville FL
4178 30-Sep-08 Private 1st Class Christopher A Bartkiewicz 25 Dunfermline IL
Total Count as a today @ 6:03 PM 11/6/2008 : : 4192 soldiers are dead
More Information please visit our data base: : The Name's of the Fallen
Or you can visit the DoD web site: : US DoD News Release
S T O P T H E W A R
Stop the War & Bring Troops Home
Percy H Florez
Congratulation to everybody
God Bless America
Percy H Florez
Today is Election Day. Polls are open across the country, and people are already making their voices heard for change.
Now it's your turn. Get out today and VOTE. You don't want to be the only one of your friends who didn't vote in this pivotal election.
Find or confirm your polling location now:
http://www.voteforchange.com
Bring friends with you to the polls. Make sure everyone you know votes for Barack Obama and Joe Biden!
Martha @ Obama HQ
(If you have any questions or issues about voting, please call 877-874-6226)
Now it's your turn. Get out today and VOTE. You don't want to be the only one of your friends who didn't vote in this pivotal election.
Find or confirm your polling location now:
http://www.voteforchange.com
Bring friends with you to the polls. Make sure everyone you know votes for Barack Obama and Joe Biden!
Martha @ Obama HQ
(If you have any questions or issues about voting, please call 877-874-6226)
Barack just sent out this email...
Friend --
I want you to be there with me on Election Night when the results come in.
We're planning a big event that will include tens of thousands of supporters in Grant Park in downtown Chicago.
We're saving some of the best seats in the house for 5 people who make their first donation to the campaign before Sunday at midnight, as well as 5 people who have given before, but decide to make a donation one last time.
If you're selected, you can bring a guest, and we'll fly you in and put you up in a hotel for the night. You'll go backstage at the big event and -- no matter what happens -- you'll have a front row seat to history as we celebrate the supporters who got us over the finish line.
Any donation counts -- whatever you can afford. Show your support at this crucial time with a donation, and you could join me on Election Night:
https://donate.barackobama.com/frontrow
This movement for change has been a testament to the power of ordinary Americans coming together to achieve extraordinary things.
I look forward to having you there on Election Night.
Thank you,
Barack
First, restore confidence Forget four years. In the first six weeks of his tenure, the new president's to-do list will include: Restoring a sense of public confidence that the country can meet and solve the financial challenges ahead. At campaign rallies, Obama already has quoted FDR's admonition that "the only thing we have to fear is fear itself." Guiding implementation of the financial industry rescue plan, including figuring out which toxic assets Treasury should buy from struggling institutions and how much to pay for them. The move to use $250 billion of the bailout to buy stakes in banks will put the government in the unfamiliar role of part owner of institutions that embody free-market capitalism. Beginning to revamp a regulatory structure largely built during the Depression so that it reflects the complexity of the current global financial system. Deciding whether and how to begin the drawdown of most U.S. combat forces from Iraq. Obama says he wants to complete the withdrawal in his first 16 months in office. McCain says a reduction is on the horizon but hasn't set a timetable. Responding to the urgent request this month by Gen. David McKiernan, the top commander in Afghanistan, for more U.S. troops there. Army Times reports that Gen. David Petraeus, who takes overall command of the region on Oct. 31, plans to deliver a report to the president in February after conducting a "top-to-bottom" review. Submitting the federal budget for fiscal 2010 to Congress in early February. It presumably will reflect the costs of the bailout plan and the revenue impact of the economic slowdown. Being prepared for terrorists to strike during the transition, a timing they have used before. The World Trade Center was bombed five weeks after President Clinton took office in 1993; the Madrid train bombings took place three days before national elections in Spain in 2004; car-bomb attacks were attempted in London and Glasgow days after a new British prime minister took office in 2007.
Senator Obama delivered a major economic policy address to lay out his economic rescue plan for the middle class in Toledo, Ohio this afternoon.
He unveiled his Economic Rescue Plan for The Middle Class. This is a comprehensive four-part plan to deal with the immediate crisis that builds on proposals he has previously announced and includes several major new ideas.
We can’t wait to help workers and families and communities who are struggling right now – who don’t know if their job or their retirement will be there tomorrow; who don’t know if next week’s paycheck will cover this month’s bills. We need to pass an economic rescue plan for the middle-class and we need to do it now. Today I’m proposing a number of steps that we should take immediately to stabilize our financial system, provide relief to families and communities, and help struggling homeowners. It’s a plan that begins with one word that’s on everyone’s mind, and it’s spelled J-O-B-S.
We’ve already lost three-quarters of a million jobs this year, and some experts say that unemployment may rise to 8% by the end of next year. We can’t wait until then to start creating new jobs. That’s why I’m proposing to give our businesses a new American jobs tax credit for each new employee they hire here in the United States over the next two years.
We will also save one million jobs by creating a Jobs and Growth Fund that will provide money to states and local communities so that they can move forward with projects to rebuild and repair our roads, our bridges, and our schools. A lot of these projects and these jobs are at risk right now because of budget shortfalls, but this fund will make sure they continue.
...At a time when the ups and downs of the stock market have rarely been so unpredictable and dramatic, we also need to give families and retirees more flexibility and security when it comes to their retirement savings. ...Since so many Americans will be struggling to pay the bills over the next year, I propose that we allow every family to withdraw up to 15% from their IRA or 401(k) – up to a maximum of $10,000 – without any fine or penalty throughout 2009. This will help families get through this crisis without being forced to make painful choices like selling their homes or not sending their kids to college.
...For those Americans in danger of losing their homes, today I’m also proposing a three-month moratorium on foreclosures. If you are a bank or lender that is getting money from the rescue plan that passed Congress, and your customers are making a good-faith effort to make their mortgage payments and re-negotiate their mortgages, you will not be able to foreclose on their home for three months. We need to give people the breathing room they need to get back on their feet.
...It also means promoting a new ethic of responsibility. Part of the reason this crisis occurred is that everyone was living beyond their means – from Wall Street to Washington to even some on Main Street. CEOs got greedy. Politicians spent money they didn’t have. Lenders tricked people into buying home they couldn’t afford and some folks knew they couldn’t afford them and bought them anyway.
We’ve lived through an era of easy money, in which we were allowed and even encouraged to spend without limits; to borrow instead of save.
Now, I know that in an age of declining wages and skyrocketing costs, for many folks this was not a choice but a necessity. People have been forced to turn to credit cards and home equity loans to keep up, just like our government has borrowed from China and other creditors to help pay its bills.
But we now know how dangerous that can be. Once we get past the present emergency, which requires immediate new investments, we have to break that cycle of debt. Our long-term future requires that we do what’s necessary to scale down our deficits, grow wages and encourage personal savings again.
It’s a serious challenge. But we can do it if we act now, and if we act as one nation. We can bring a new era of responsibility and accountability to Wall Street and to Washington. We can put in place common-sense regulations to prevent a crisis like this from ever happening again. We can make investments in the technology and innovation that will restore prosperity and lead to new jobs and a new economy for the 21st century. We can restore a sense of fairness and balance that will give ever American a fair shot at the American dream. And above all, we can restore confidence – confidence in America, confidence in our economy, and confidence in ourselves.
Read Barack's full remarks, as prepared for delivery...
Obama's plan includes four new major ideas about job creation, relief to families, relief to homeowners and responding to the financial crisis:
Job Creation: A New American Jobs Tax Credit. Obama is calling for a temporary tax credit for firms that create new jobs in the United States over the next two years.
Relief to Families: Penalty-Free Withdrawals from IRAs and 401(k)s in 2008 and 2009. Obama is calling for new legislation to allow families to withdraw 15% of their retirement savings – up to a maximum of $10,000 – without facing a tax-penalty this year (including retroactively) and next year.
Relief to Homeowners: 90 day foreclosure moratorium for homeowners that are acting in good faith. Financial institutions that participate in the Treasury’s financial rescue plan should be required to adhere to a homeowners code of conduct, including a 90-day foreclosure moratorium for any homeowners living in their homes that are making good faith efforts pay their mortgages.
Responding to the Financial Crisis: A Lending Facility to Address the Credit Crisis for States and Localities. Obama is calling on the Federal Reserve and the Treasury to work to establish a facility to lend to state and municipal governments, similar to the steps the Fed recently took to provide liquidity to the commercial paper market.
Obama’s plan also calls for temporarily eliminating taxes on unemployment insurance benefits; keeping all options on the table to help our automakers weather the financial crisis; having the Fed and Treasury prepare for guaranteeing a broader range of liabilities of the banking system; and instructing Treasury to help unfreeze markets for individual mortgages, student loans, car loans, loans for multi-family dwellings and credit card loans.
Read Obama's full Economic Rescue Plan.
The only plausible think the government has to do is CLOSE the market for at least one week until they decide declare the country economy in recession and take the necessary approach to handle this economic overturn.
Percy H Florez
Percy H Florez
The Name's of The Fallen / Part 16 / Total Count as a today 5/25/2008 4177 Soldiers are Dead / Names In Reverse order from: 4158 to 4177
4177 9/29/2008 Specialist Christopher T. Fox 21 Memphis TN
4176 9/27/2008 Private 1st Class Jamel A. Bryant 22 Belleville IL
4175 9/24/2008 Captain Michael J. Medders 25 Ohio OH
4174 9/25/2008 Staff Sergeant Ronald Phillips Jr 33 Conway SC
4173 9/23/2008 1st Lieutenant Thomas J. Brown 26 Burke VA
4172 9/14/2008 Chaplain (Col.) Sidney J. Marceaux Jr 69 Beaumont TX
4171 9/21/2008 Staff Sergeant Matthew J. Taylor 25 Charleston SC
4170 9/18/2008 1st Lieutenant Robert Vallejo II 28 Richland Hills TX
4169 9/18/2008 Corporal Michael E. Thompson 23 Harrah OK
4168 9/18/2008 Chief Warrant Officer Brady J. Rudolf 37 Oklahoma City OK
4167 9/18/2008 1st Sergeant Julio C. Ordonez 54 San Antonio TX
4166 9/18/2008 Sergeant Anthony L. Mason 37 Springtown TX
4165 9/18/2008 Sergeant Daniel M. Eshbaugh 43 Norman OK
4164 9/18/2008 Chief Warrant Officer Corry A. Edwards 38 Kennedale TX
4163 9/17/2008 Captain Darrick D. Wright 37 Nashville TN
4162 9/17/2008 Private 1st Class Leonard J. Gulczynski I 19 Carol Stream IL
4161 9/14/2008 Lt. Colonel Ralph J. Marino 46 Houston PA
4160 9/14/2008 Sergeant Wesley R. Durbin 26 Hurst TX
4159 9/14/2008 Staff Sergeant Darris J. Dawson 24 Pensacola FL
4158 9/15/2008 Sergeant 1st Class Daniel R. Sexton 53 Wentzville MO
Total Count as a today @ 5:50 PM 10/2/2008 : : 4177 soldiers are dead
More Information please visit our data base: : The Name's of the Fallen
Or you can visit the DoD web site: : US DoD News Release
S T O P T H E W A R
Stop the War & Bring Troops Home
Percy H Florez
They said:
If the bailout does not pass the people are going to loose the money in his bank accounts.
FALSE: THEY ARE INSURED BY THE FDIC (Federal Deposit Insurance Corporation)
If the bailout does not pass is the end of the world, it’s a financial catastrophe.
FALSE: nothing like that is going to happen because this crisis is a failure of CORRUPTED financial institutions and they are small in number compare with those who are playing by the rules.
If the bailout does not pass the economy are going to sink in to a deep recession.
FALSE: This is another argument they use to hidden the real true and scare the people in “MAIN STREET”. This economy of this country is “IN CONTRACTION STATUS”, this means the power of acquired good for the people every day is less than before. This could be corrected with a good and strong policies reinforcing the INCOME of every American and reinforcing this sectors of the economy that are capable to generate more employment. A good example could be investing this 700 billion in infrastructure around the nation.
If this bailout does not pass you can not get loans to buy house, cars and you can loose your credit card.
FALSE: One of the main problems of this crisis is THE ABUSE and the BAD USE of the credit. They buy houses they couldn’t afford to pay. They buy cars they couldn’t afford to pay. They misused his / her credit card and they couldn’t afford to pay. All this happen for the ambition and mismanaged of the CEOs of this corrupted bankers or institutions.
So what kind of bailout (CORRECTION) would be this, if this money go again to the market with the same purpose as is the mantra of the government and the lawmakers who are supporting this legislation.
Moreover if you want a loan and have a good credit and you can afford and pay your debts do so, but if not, don’t do it!
If this bailout does not pass the entirely banking system are going to crash and people in Main St., are going to suffer for a lot!
FALSE: As I said before, this particular crisis can be solving by the market as is. In this country there are very serious banking institutions that are capable to absorb the failure of the others in a very intelligent manner without compromising his capital.
Bank of America, JP Morgan and other banks are a good example and they will be very happy receiving those people looking loans for homes, cars, boats and credit cards!, working people who are capable and can afford to pay on time his bills.
These bailouts has to pass, to secure more liquidity to the banking systems buying his negative assets and generate the reactivation of the economy, them people in Main St., can get more loans of any kind.
FALSE: The economy of this country is IN CONTRACTION STATUS, people can afford pay his bill because the power of the dollar is less than before. Essentially this MODEL can’t afford print more dollars with the deficit the country had. Actually the difference between this country and countries around the world less wealthy is his ability to PRINT MONEY. This NEGATIVE economic behavior is the main concern of economists around the world. I have no doubt Mr. Paulson and Mr. Bernanke know very well about it, but they prefer to buy time instead to try and get the right solution for this crisis.
If this bailout does not pass the economy could be worsened
TRUE: The economy will be worsened but not because the bailout could be pass or not. The economy is in a bad shape and the solution has to come with a structural correction of the deficit and a best economic practice with the conscientious study of the factors that are generating this contraction in the economy and come up with good, reliable and stable economic practice solutions.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"
Percy H Florez
If this bailout does not pass the economy could be worsened
TRUE: The economy will be worsened but not because the bailout could be pass or not. The economy is in a bad shape and the solution has to come with a structural correction of the deficit and a best economic practice with the conscientious study of the factors that are generating this contraction in the economy and come up with good, reliable and stable economic practice solutions.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
These bailouts has to pass, to secure more liquidity to the banking systems buying his negative assets and generate the reactivation of the economy, them people in Main St., can get more loans of any kind.
FALSE: The economy of this country is IN CONTRACTION STATUS, people can afford pay his bill because the power of the dollar is less than before. Essentially this MODEL can’t afford print more dollars with the deficit the country had. Actually the difference between this country and countries around the world less wealthy is his ability to PRINT MONEY. This NEGATIVE economic behavior is the main concern of economists around the world. I have no doubt Mr. Paulson and Mr. Bernanke know very well about it, but they prefer to buy time instead to try and get the right solution for this crisis.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
If this bailout does not pass the entirely banking system are going to crash and people in Main St., are going to suffer for a lot!
FALSE: As I said before, this particular crisis can be solving by the market as is. In this country there are very serous banking institutions that are capable to absorb the failure of the others in a very intelligent manner without compromising his capital. Bank of America, JP Morgan, and other banks who are trembled with this financial crisis, they would be very happy good people come to his office requesting loans for homes, cars, boat and credit cards!, the only concern is that they want people who are capable and can afford to pay his loans.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
If the bailout does not pass the economy are going to sink in to a deep recession.
FALSE: This is another argument they use to hidden the real true and scare the people in “MAIN STREET”. This economy of this country is “IN CONTRACTION STATUS”, this means the power of acquired good for the people every day is less than before. This could be corrected with a good and strong policies reinforcing the INCOME of every American and reinforcing this sectors of the economy that are capable to generate more employment. A good example could be investing this 700 billion in infrastructure around the nation.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
They said:
If the bailout does not pass is the end of the world, it’s a financial catastrophe.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"
Percy H Florez
If the bailout does not pass is the end of the world, it’s a financial catastrophe.
FALSE: nothing like that is going to happen because this crisis is a failure of CORRUPTED financial institutions and they are small in number compare with those who are playing by the rules.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"
Percy H Florez
They said:
If the bailout does not pass the people are going to loose the money in his bank accounts.
FALSE: THEY ARE INSURED BY THE FDIC (Federal Deposit Insurance Corporation)
People must remember this on November 4 and remove this politicians with the "POWER OF THE VOTE"
Percy H Florez
Now lawmakers are going to pay the bill they owe to this fraudulent bankers with the money of the taxpayer!
Percy H Florez
Percy H Florez
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