Tuesday, December 23, 2008

Feldstien's increase military spending argument

In Martin Feldstien argues that increase in defense spending would help the economy in his article , Defense Spending would be Great Stimulus.
The Department of Defense is preparing for spending cuts due to the economy. Obama argues more spending for public works, like highways, would help the economy. President Eisenhower signed the Federal-Aid Highway act of 1956 that lead to the nation's highway system. Feldstien argues that defense spending sould increase as long with spending for public works. Increase in defense spending will employ people building new equipment. Alone with spending on equipment, Feldstien also argus for lax in recuitment standards to help the youth get employed.

Saturday, December 20, 2008

Sir Jackson analysis US mistakes in Iraq

Former Amery Chief General Sir Mike Jackson analysis the Mistakes United States made in the the conflict in Iraq. According to Jackson, United States created a security vacuum when we disbanded the Iraqi security forces. Jackson also blamed the police to de-Baath Iraq as another thing that contribute to the violence. The Baath party was the ruling party at the time of when during Operation Allied Freedom, the Military campaign that overthrow Hussein's regime.
Under Hussein's regime, no one could participate in government without being a member of the Baath party. The U.S banned Baath members form participating in the government after Operation Allied Freedom, but revolted the ban in 2008. Many critics blan the ban for preventing experience Iraqis from participating in the government.
We can't turn back the clocks of time, but we can learn form from past events. While the situation in Iraq is being solved, this is an up coming concern. The United States Nuclear Arsenal is aging. While gates insist that we need to upgrade the arsenal, congress has yet to approve upgrades. We cannot be left without nuclear arsenal. So contact you Congressional delegation and tell them to upgrade the nuclear arsenal.

Friday, December 12, 2008

hold the ink! No bailout deal!

Well there almost was a bailout deal, but one disagreement stopped it; Whether the big three automakers should be required to make wage reductions. Currently, American automakers wages are more then the foreign makers. Republican Senators felt its necessary to cut the labor cost of the big three so they could save money. The United Auto Workers (UAW) is dead set against it. Ford said it does not need a bailout. Chrysler and General Motors said they do. I have a thought, why don't Chrysler and General Motors restructure through bankruptcy court? I thought bankruptcy was designed for business in financial trouble and needed to be relieved of there financial responsibility?
In other news, the Congressional Black Caucus (CBC) may not except Representative Elect Joseph Cao even though his district is predominately black. Cao, a Vietnamese American, felt it was a good idea to join the CBC because the black majority. The CBC has never admitted a nonblack member.

Wednesday, December 10, 2008

Bailout! Bailout! scandal

Well we have a lot of excitement in the news.
First let go over the good news. Republican candidate Anh 'Joseph' Cao just won election of congress in a recent run off election. Cao ran on ethics and health care reform.
Now the big news. The house just passed bill to bail out the auto industry. The vote went down party lines with most Democrats voting yes while most Republicans voting no. Democrats and Bush want wants to save jobs and the auto industry. Republicans want to save jobs and the auto industry as well, but but would rather have the same federal judges who deals with financial problems like this handle this. Mike Pence R-IN out lines the Republican alternative plan to only to assist federal judges help the auto industry. I have a thought, why not bankruptcy. I thought bankruptcy was the mechanism already to set up to handle this. Not to mention that a "Car Czar" will be created. We are creating Czars in democratic nation?
Finally, I got to mention that the Governor of Illinois spent time in jail. This is a national embarrassment for our political system. If votes continue to see behavior like this from our politicians, less voters will turn out a the polls.