Tuesday, August 25, 2015

Are We Headed for Another Recession?

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The Dow Jones Industrial Average(DOW) plummeted more than 1,000 points Monday morning. This fall in the stock market affected millions of Americans’ retirement plans, and many had fears of a recession returning. While stocks regained some of their lost ground by Monday afternoon, continued uncertainty over the global economy could have further impact.

The DOW is an indicator of U.S. industrial strength. It is one of the most watched stock indexes in the world, containing many massive companies like General Electric, Microsoft, Coca-Cola, and Exxon.

This all started with concerns over slowing growth in China's economy. China is the world's second-biggest economy. For two decades the country has seen explosive growth which has been the engine for the global economy. Their government is deep in debt from massive infrastructure growth. The country’s national debt rose from $7 trillion in 2007 to $28 trillion by mid-2014.

As their economy slows, their need for materials from other countries slows, and the effects can be felt world wide. There are many concerns that this could lead to a recession. A recession is considered two quarters of negative economic growth in a row. Historically we have seen a recession about once every five years since World War II. This window of time has lengthened, though, in the past couple of decades as times of growth have lasted longer due to the strengthened ability for the global economy to take a hit.

So are we now headed into the next recession? Well that depends on who you listen to. Most analysts are referring to the recent dip in the stock market as a market correction. Many people believe that the stock market's prices were inflated, meaning they cost more than they were actually worth, and that a correction like we saw yesterday was very necessary for the long term stability and strength of the stock market.

Some however look at the news coming from China as another signal of a stagnating economy that may fall back into a recession. In the U.S. wages have stagnated for years, and there are concerns over the direction of the future of the economy.

The reason most analysts aren't concerned over a major economic downturn is that the U.S. Economy has been gaining strength, especially in the energy sector where the U.S. has recently become the top oil and natural gas producer in the world.

Others point to new innovation with companies like Apple and Tesla to fuel new economic growth in the U.S. The bottom line is, though the market dipped, the economy is most likely not heading for a recession this year.





Monday, August 24, 2015

Hillary Clinton Email Scandal: What Is it and Why Does it Matter?

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In March of this year Hillary’s use of a nongovernmental email setup was revealed to the public by the New York Times in a report that has prompted a major controversy that still hangs over her presidential campaign, and will for the foreseeable future. Some are calling for a full scale investigation and charges to be brought, while others think it's no big deal.

So what became of the emails in question? After a request from the State Department (which came nearly two years after she had left office) Clinton turned over more than 30,000 messages to the agency that she and her team deemed to be possibly work-related that were on a private server she had used for official State Department business. Clinton and her staff also destroyed 31,830 messages that they decided were "personal." The private server was then wiped clean, and after two months of requests was finally turned over to the Justice Department for analysis.

When asked about whether she knowingly wiped the server Clinton responded by saying "“I don’t know, I have no idea,” she said. “Like with a cloth or something?"

The real controversy is whether or not her private server was used to store classified documents, which is a federal crime. This is laid out in 18 USC 1924 — that “whoever . . . becomes possessed of documents or materials containing classified information of the United States, knowingly removes such documents or materials without authority and with the intent to retain such documents or materials at an unauthorized location shall be fined under this title or imprisoned for not more than one year, or both.”

We now know that many of former Secretary of State Hillary Clinton’s emails would automatically have entered the world with “classified” status. So far at least 30 email threads since 2009 immediately deserve that designation based on the context in which they were written, according to a report by Reuters.

The reason why using a private server is such a massive concern is because of the lengths that the government goes to to protect classified documents. If it was ever found that her server was compromised, then that could have meant a massive leak of classified information on diplomatic negotiations and national security issues.

The FBI began it's investigation into the matter in July, after the inspector general expressed concerns over whether information had been compromised. The probe is in the beginning stages and is focused on ensuring the proper handling of classified material.

As it concerns her candidacy for presidency, there will be questions of whether a person who already has allegedly mishandled classified information should be granted authority over the armed forces and all intelligence agencies as commander in chief.

Thursday, August 20, 2015

Hilarious! Bad Lip Reading Does the Republican National Debate

If you missed the first Republican debate, bad lip reading has you covered. The national debate hosted 10 candidates including current front runner Donald Trump. Bad lip reading spoofs the debate in a fantastic way. From Trump to Huckabee to a round of songs for each candidate you don't want to miss this.

Tuesday, August 18, 2015

The Donald Trump Immigration Plan Would Never Work and Here's Why

Since Donald Trump's announcement that he was running for president, he has been pounding his plan to fix illegal immigration. As part of his plan, he announced that he would build a fence to keep out illegal immigrants from Mexico. (even if the vast majority of illegal immigrants are not from Mexico, and the population of illegals has stayed the same over the last five years around 11 million)

His big plan includes building a wall at the U.S. border and deport those who are here illegally. This sounds simple enough right? He claims he will force Mexico to pay for the wall. How exactly?

According to his website: "Mexico must pay for the wall and, until they do, the United States will, among other things: impound all remittance payments derived from illegal wages; increase fees on all temporary visas issued to Mexican CEOs and diplomats (and if necessary cancel them); increase fees on all border crossing cards – of which we issue about 1 million to Mexican nationals each year (a major source of visa overstays); increase fees on all NAFTA worker visas from Mexico (another major source of overstays); and increase fees at ports of entry to the United States from Mexico [Tariffs and foreign aid cuts are also options].  We will not be taken advantage of anymore."

Apparently Donald Trump is under the impression he can just pass whatever rules he wants and that nothing will happen. Let's play along though and say that he does get the increase in fees in order to pay for the $6 billion wall he wants to put in place. Does he imagine if we implement increases in fees that they won't increase theirs or put the costs back to us in goods that come here? Does he imagine if he were to put tariffs on Mexican goods the WTO wouldn't slap us with a massive fine of billions of dollars for doing so? He also says he wouldn't build it until after illegal immigrants were deported.

Does he not think that such actions would have massive affects that would ripple across the U.S. economy, leading possibly to another recession? But Congress as lazy as they are would never agree to this to begin with, so it is unlikely that would happen.

Next he imagines somehow that he would be able to deport millions of illegals living in the U.S, even ones who have only really ever known this country as their home and have no family or friends in other countries, and might not even speak the language. He imagines that somehow he'd be able to do this in 2 years. He seems to think he is a king and can ignore the bill of rights, the fact that he doesn't have the authority to fund any of this as president, and it would be very unlikely that Congress would pass a bill funding the mass deportation of immigrants.

Even if he got past the governors in states that are friendly to illegals, and gets permission from Congress, the cost to deport that many people has been estimated between $140 and $200 billion. We would also probably need an additional $2-3 billion a year for enforcement as well including all administrative costs, repairs, additional security measures etc.

The economic toll would be massive, leaving businesses without workers, shutting down many small businesses owned by illegals, leaving millions of property managers without tenants, we would see increased food prices with fewer workers in the fields etc. This would cost our economy billions of dollars in lost profits.

On food alone, the cost could be staggering according to The Hill: "From the perspective of National Milk Producers Federation in 2009, retail milk prices would increase by 61 percent if its immigrant labor force were to be eliminated...In terms of overall numbers, The Department of Labor reports that of the 2.5 million farm workers in the U.S., over half (53 percent) are illegal immigrants. Growers and labor unions put this figure at 70 percent. "

In 2006 over five hundred economists (including five Nobel laureates) sent a letter to then President George W. Buh which stated the following:  “While a small percentage of native-born Americans may be harmed by immigration, vastly more Americans benefit from the contributions that immigrants make to our economy, including lower consumer prices.”

Some estimates of total cost to the GDP place the decrease at $1.6 trillion. Meanwhile the gang of eight bill, which Trump has criticized so heavily would have secured the border, implemented e-verify and put into place a plan for illegal immigrants to stay here and work toward a path to citizenship. The CBO estimated that this plan would cut the deficit by over $190 billion dollars, even after counting the cost of the added security along the border.

Trump also ignores that border security has already been beefed up, and the amount of illegals coming in has already significantly dropped because of the difficulty in crossing. The gang of eight bill realized that we needed more than just a fence, and implemented drones, electronic surveillance and significantly increased numbers of ground security. Building a fence or wall isn't going to guarantee no one comes, yes we need to secure the border but it needs to be done in a way that makes sense, not one that just sounds good in a soundbite.

We do need to work towards fixing our immigration issues, but we need to do this in a way that helps our economy and strengthens our nation. Diving into more massive debt and devastating our economy is not a smart method to protecting our national interests. While Trump may be a smart businessman, he obviously doesn't understand the complexity of the U.S. economy.

Monday, August 10, 2015

After Megyn Kelly Comments It's Time to Dump Trump

Many Americans are tired about not getting a straight answer out of politicians, and often this has come because of the media's willingness to twist and turn every statement. Americans want straight talk and simple answers, because often they don't want to spend the time themselves researching the entire issue. Because of this we have entered into an age of blunt celebrities who have ditched basic common decency in the name of doing away with political correctness.
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Famous celebrity turned politician Donald Trump's feud with Megyn Kelly escalated over the weekend when he said the Fox News host had "blood coming out of her wherever" at this week's Republican debate, resulting in swift condemnation from conservatives and a major political event pulling its invitation to him.


This all started during Thursday's presidential debate, Kelly asked Trump a question "Mr. Trump, one of the things people love about you is you speak your mind and you don't use a politician's filter. However, that is not without its downsides, in particular, when it comes to women.
You've called women you don't like "fat pigs, dogs, slobs, and disgusting animals."
Trump responded with " Only Rosie O'Donnell."

Kelly responded to that it was not only Rosie O'Donnell, and that his comments about women had been about several people on twitter. "Your Twitter account has several disparaging comments about women's looks. You once told a contestant on Celebrity Apprentice it would be a pretty picture to see her on her knees. Does that sound to you like the temperament of a man we should elect as president, and how will you answer the charge from Hillary Clinton, who was likely to be the Democratic nominee, that you are part of the war on women?"

Trump's response: "I think the big problem this country has is being politically correct.
I've been challenged by so many people, and I don't frankly have time for total political correctness. And to be honest with you, this country doesn't have time either. This country is in big trouble. We don't win anymore. We lose to China. We lose to Mexico both in trade and at the border. We lose to everybody.

And frankly, what I say, and oftentimes it's fun, it's kidding. We have a good time. What I say is what I say. And honestly Megyn, if you don't like it, I'm sorry. I've been very nice to you, although I could probably maybe not be, based on the way you have treated me. But I wouldn't do that.


But you know what, we -- we need strength, we need energy, we need quickness and we need brain in this country to turn it around. That, I can tell you right now."

So after literally just saying he wouldn't do that, he spent the next few hours on twitter attacking her.
That wasn't enough though, he went on CNN the next day and said:
"You could see there was blood coming out of her eyes," and continued that she had "Blood coming out of her wherever."

Trump is not backing down from his statements and is even asking for Megyn Kelly for an apology.

There is a difference between not being politically correct and not having basic decency. Calling someone a bimbo because they asked you tough questions and implying they were menstruating is shameful. I would be absolutely ashamed if he were the nominee for the Republican party. My grandfather and father knew better than to talk about a woman like that, and so will my sons someday.

Now if this were his only instance or issue where he has done something that was uncalled for, untrue or disgraceful, that might be one thing, but from the moment he decided to run for president he has made disparaging remarks about individuals within our nation. During his announcement speech he said: "When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people."

He repeated this during the debate and the claim that the Mexican government is sending the worst ones here has been debunked multiple times.

Washington, Jefferson, Adams, Lincoln and Reagan would never have made any of these statements, and especially would never have spoken about women that way. Why should we seriously be considering a such presidential candidate to place into their ranks?

This isn't a contest to see who can be the loudest and most outrageous person. We are working to elect the leader of our nation. This man will be the leader of our armed forces. He will be our chief diplomat in foreign affairs. We need someone who has experience bringing people together rather than another leader who will drive people apart. 

Does he think Iran will go easy on him? Surely Russia and North Korea won't. If he thinks this was a tough line of questioning he will love the press corps. This is not a place for amateurs, and Donald Trump is an amateur. What experience does he have accomplishing anything without a contractual obligation or monetary incentive. We can't have a president throwing a tantrum on twitter when something doesn't go his way.


People are angry that Washington isn't working, and they keep asking why this is. Part of the answer I have for them is that Washington was never meant to work quickly. Obamacare was passed quickly, the Constitution was not. Each great legislative achievement we have seen in our country has been the result of compromise from seasoned legislators.

Trump may have struck a chord, but he is not the answer to our problems. Again I ask the question Megyn Kelly did: Does that sound to you like the temperament of a man we should elect as president?  After his comments about Megyn Kelly, it's clear it's a time to dump Trump.






Monday, July 27, 2015

Why I Take the Donald Trump Campaign Seriously, and You Should Too.

In the past few months we have begun the search for the next President of the United States of America. This year and a half process of deciding who will be given enormous amounts of power over human life in this country cannot be taken lightly. Who we decide to elect president will most likely have a wide range of impacts, from supreme court nominees, to military conflicts, to economic affairs. Each citizen has been given the right to vote, to help decide who that person should be. This right should never be taken lightly, as generations have fought so all may have and retain it.

Many have deemed the democratic nomination to be a shoo in for Hilary Clinton, most are not considering any other candidates for nomination. On the other side, 16 republicans have announced their candidacy. Of these 16 -which includes several governors with exceptional records, and several senators- Donald Trump is the current front runner for the republican nomination. Though many people have thought his whole presidential campaign is nothing more than a publicity stunt, many people are taking him seriously as a candidate. While I support his right to run, I am concerned with why people support him.

My recent experience with Trump supporters has made me question whether or not they even know where he stands on the issues, or if they are more anti-establishment, anti-Washington, and anti-political correctness. Trump is known for his brash talk with bold statements on issues such as immigration and veterans. He has attacked establishment mainstays like John McCain and Lindsay Graham in sometimes sophomoric ways leading many to call for apologies which never came.

Some people appreciate that unapologetic personality and think that kind of attitude is what we need to have in Washington leading our country. Others say the reason they support Trump because you know he'll do what he says. Many have told me it is because he has been such a successful businessman that we need someone who understands business in the white house. 
Those I have come in contact with have no idea where he sits on most issues aside from immigration. So where does Donald Trump stand on the issues?

Speaking about healthcare he said: "It is an unacceptable but accurate fact that the number of uninsured Americans has risen to 42 million. Working out detailed plans will take time. But the goal should be clear: Our people are our greatest asset. We must take care of our own. We must have universal healthcare."

On gun control: "I support the ban on assault weapons and I support a slightly longer waiting period to purchase a gun."

On tax reform: "If we want jobs in America, we need to enact my 5-part tax policy: kill the death tax; lower the tax rates on capital gains & dividends; eliminate corporate taxes in order to create more American jobs; mandate a 15% tax for outsourcing jobs and a 20% tax for importing goods, and enact the 1-5-10-15 income tax plan [four brackets with a top rate of 15%]."

Now he has many more stances on many more issues including abortion, education, etc. Sometimes he has stayed steady, sometimes he has flip flopped. If you are considering supporting him, please read up on what he has said over the years on the issues.

For those who are supporting him because they think he'll be outspoken and unapologetic in the White House, I would like to point you to our current president. No matter what has happened, he has been unapologetic: Benghazi, Fast and Furious, IRS, VA, the Middle East, etc. That is not how you heal America, that is how you divide it further. We need less divisiveness and more compromise among our nation's leaders.

For those who say that they support Trump because - as one person put it - "at least you know what you will get with him, or do you want some one like we have now who says what you wanna hear then does nothing?" My response is that no candidate will ever be perfect on doing everything he says he will do - that is the reality of the presidency.

Sometimes they realize they don't have the authority to do those things, often they realize there are reasons for that, and lastly we are electing a president with constitutionally limited powers, not a king. Even if Donald Trump is elected president, he won't, and can't do all of the things he claims he would do. Some of those things are not within the powers of the president to enact.

We can only consider what he has said in the past, because we have no true political record of how he would act to follow. I say this because, when considering his record, you have to consider: what record does Donald Trump have of accomplishing anything without having either a contractual obligation or a monetary incentive to accomplish it? As president he will have neither.

The real reason why he's getting a boost right now is more than likely a disgruntled GOP electorate. Early polls are no guarantee who will be the nominee by far. At this point four years ago Rick Santorum was leading in the polls. As the debates near, I encourage you to consider every candidate just as I will, where they stand on the issues now, and what they have accomplished in the past.

Please read what each candidate has done, what they say and think about what is best for all of America. This is not a time to rush onto a bandwagon because a candidate is bold or is popular. This is the time to contemplate the future of America and who we think will be best to lead it. 

You are still  allowed to support Donald Trump, but I ask that you consider all of the candidates as well. Read about them and where they are on the issues, what they have done with their time in the private sector and in office. Please take your duty as a citizen of this great nation seriously.

Monday, July 20, 2015

Why I'm Sick of the Word "RINO"


For some years now, the term "RINO" or Republican In Name Only has floated around among conservatives seeking to define who can and cannot be a member of the party, based on who they think should qualify.

If someone disagrees with them on immigration, welfare or taxes, suddenly they are a "RINO." If a Senator or Representative decides to compromise to get things done they are a "RINO." I'm sick and tired of hearing it. Instead of kicking people out, why not listen to their point of view for a change? Why not try to come to an understanding and take the higher ground.

As Republicans let's stop kicking people out of the party before it stops being a party. We need to stop alienating our allies before we find we have none. Ours is the party of Lincoln, of Theodore Roosevelt and Ronald Reagan. These were men who took bold steps to change what was in their worlds, that built our nation and brought opposing sides together, sometimes through conflict. Thomas Jefferson said, “Where the principle of difference [between political parties] is as substantial and as strongly pronounced as between the republicans and the monocrats of our country, I hold it as honorable to take a firm and decided part and as immoral to pursue a middle line, as between the parties of honest men and rogues, into which every country is divided.” There are times to take bold stands, and there are times to compromise. The ability to compromise does not make a man weak; it makes him stronger.


Some words of wisdom from Ronald Reagan on political compromise:
"When I began entering into the give and take of legislative bargaining in Sacramento, a lot of the most radical conservatives who had supported me during the election didn't like it.
'Compromise' was a dirty word to them and they wouldn't face the fact that we couldn't get all of what we wanted today. They wanted all or nothing and they wanted it all at once. If you don't get it all, some said, don't take anything.

I'd learned while negotiating union contracts that you seldom got everything you asked for. And I agreed with FDR, who said in 1933: 'I have no expectations of making a hit every time I come to bat. What I seek is the highest possible batting average.'

If you got seventy-five or eighty percent of what you were asking for, I say, you take it and fight for the rest later, and that's what I told these radical conservatives who never got used to it."

Our nation needs more compromise and less divisiveness. All the strength we have built in our past has come from more than two centuries of rich social capital, which was developed by our ability to come together as a people. Without this our nation will only continue to crumble, our problems will become worse, and we will struggle to prosper as a nation. Rather than focusing on what separates us we need to focus on what unites us. Both sides would do better to look at Eisenhower and Reagan and less to recent political leaders for guidance. 


Saturday, July 18, 2015

Should Donald Trump Be Taken Seriously?

Image Source: Flickr

On Friday morning the Huffington Post announced it had come to a decision concerning coverage of Donald Trump's presidential campaign. It stated:

"After watching and listening to Donald Trump since he announced his candidacy for president, we have decided we won't report on Trump's campaign as part of The Huffington Post's political coverage. Instead, we will cover his campaign as part of our Entertainment section. Our reason is simple: Trump's campaign is a sideshow. We won't take the bait. If you are interested in what The Donald has to say, you'll find it next to our stories on the Kardashians and The Bachelorette."

The Huffington Post's Washington bureau chief Ryan Grim also dismissed Trump as "a clownshow" earlier this week.

Donald Trump's campaign dismissed the Huffington Post as a "glorified blog" in a statement on Friday evening."The only clown show in this scenario is the Huffington Post pretending to be a legitimate news source."

The Huffington Post announcement came as Trump has begun to rise in the polls in the Republican Nomination. Much of the first month of his campaign has been surrounded in controversy over remarks he made concerning illegal immigrants from Latin American countries.

There is major concern about the amount of press Trump is recieving as it is affecting the coverage of candidates that some see as "more serious." Pointing to his high polling numbers we need to remember that Michelle Bachmann was polling even higher than Trump is today in 2011.

Often seen as an  outsider and despised by the establishment of the Republican party, many are concerned by the impact Trump will have on other candidates. Whether it is pulling attention from more well established candidates like Perry, Huckabee, Bush, and Walker, to limiting the polling of some who are getting lower numbers because they aren't as well known such as Fiorina and Kasich.

Presidential primaries shouldn't be a place for sideshows like Trump. While he is a ratings hog, he dilutes the real conversation away from candidates with a real shot at representing the core values of the nation and the Republican Party.