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Some News Flashes

Sure enough, the bailouts created "too Gigantuous to fail" institutions in the financial world, giving them an unfair and monopolistic leg over their competitors. At the same time another 30% of banks failed recently without any intervention. Consumer choice is depleting and we are truly getting a rigid oligopoly financial system. Do you think Federal reserve members didn't see this coming? Do you think that maybe they would want to see their buddies wielding the upper hand.It is striking proof that free market economics do not cause monopolies. Favoritism and government intervention make these things happen. The government's only job is making sure that what it has now effectively created, doesn't happen. That said and done, the media is finally using buzzwords that Fiscal conservatives used to argue against the bailouts. It creates moral hazard... now they tell us.

http://www.washingtonpost.com/wp-dyn/content/article/2009/08/27/AR2009082704193_2.html?hpid=topnews&sid=ST2009082800437

Scientists want the government to tax all sweet products in a coercive approach to making us eat healthier. Congress wants to pass a health bill that requires by law to purchase a service from a private company. (Ps. car insurance is not the same as health insurance. Driving on the road with a vehicle is specific activity that is a possible danger to other individuals. Health insrance requires you to cover yourself from any risks for simply existing.) The only way that this becomes okay in a society is the power paradigm shifts from bottom up to top down and the citizens become assets of the state rather than the power holders.

http://www.foodnavigator-usa.com/Financial-Industry/Fructose-in-the-firing-line

On Saturday, September 12th, over 450,000 people marched on Washington, and no major news media covered it, except conservative talk radio and conservative bloggers. Otherwise it was media blocked.

States are already feeling the strings attached to those stimulus dollars. In Education, there are a few states that won't allow their teachers to be evaluated or fired based on test scores, especially federally mandated test scores. Yet, the Obama has effectively attached a clause to billions of dollars in stimulus money for the "race to the top" program of his that requires them to step down their defensive stance of protecting their teachers from federal mandates requiring evaluations of this type. Without bowing down federal laws that require teachers to be evaluated based on standardized test results, these states become ineligible for funds. Naturally, they are scrambling to back down on their word, give up their state sovereignty, and hand more power over to the federal government in the name of a few dollars. Oh, but it's for the children, right? Yeah the same children who are going to be paying this stimulus spending for years to come.

http://www.teachermagazine.org/tm/articles/2009/09/09/298498usschoolsjudgingteachers_ap.html?tkn=MXVF2zT%252FS%252F2IUWWaHYv8zzxKLgbyrhFxYgfg

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