The Economy on Election Day: Worse

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http://blogs.wsj.com/wallet/2008/10/16/how-the-presidential-candidates-could-impact-your-wallet/

I do all my banking online. We recently started using Voyant for our financial planning. Right now, they have an election simulator to show how your financial plan would do under a McCain presidency and an Obama presidency. You can compare the plans side by Side. You have to look at the assumptions but it's interesting to see

Olivia Cathy Langford of CA 6:02PM October 16, 2008

OBAMA GETS IN THERE WILL BE A 50 CENTS PER GALON TAX ON GAS .THATS PART OF HIS GREEN PROGRAM THAT AL GORE WILL BE RUNING,NOT COUNTING ALL THE OTHER STUFF HE HAS ON TAP TO SCREW THE AMERICAN PEOPLE.

ROGER of CA 7:39PM October 10, 2008

It is nice to see all this passion against the puppets on capital hill but sorry to say that passion is aimed at the wrong target. Marcus Nixon didn't cause this he was just another enabler for it. The root of the problem goes back to 1913 and the Federal Reserve act. The FED is not the government it is a private Delaware corp. that makes all the profits from the government's debt. It is against the Constitution this country was built on. Please help properly inform people that the "main stream media" Owned and controlled by the big money will never talk about that fact. The information is out there and if we do not find and share it we are all in for a change and that change is something the true American sprit can resist. END THE FED and THE IRS is what needs to happen. Easy it will not be but if properly motivated the people of the United States are a force more powerful than we give ourselves credit for. Simply put the big money is and has been controlling enough of the people so as to see if they can get all of us. The conspiracy theories have a lot of truth in them and of course if you owned a tv station and someone found out that it was just a front for a diabolical force that wanted to enslave the world would you broadcast your plans so that everyone could know what you wanted to do? No because if you did then there would be someone who could stop you. They have a lot of power and are very smart but they are getting arrogant and sloppy as more are becoming informed of what it is they are attempting to do. Please Please start spreading the word and educating people with the truth. I'll leave you to ponder this thought. Is your FREEDOM worth trading for some paper that we have been tricked into thinking it has a value. The true value is in the pride of accomplishment not monetary compensation. Yes it has become a necessary "evil" but by abolishing the Federal Reserve banking system and restoring the gold standard as Ron Paul and a few others are attempting to do, the pride and hard work that built this country will grow. The private bank that earns interest on every penny the government spends doesn’t really care about anybody, the money means nothing to them so they use it as a force to see how much power they can get, and after collecting that power for 95 years they have a very large pile of it, they are smart enough to know that every large structure has a weakness and I believe that the weakness will be found. Their $700+ billion gauntlet has awakened the beast that can destroy it. The question is: Is has that beast been asleep too long or is it just in need of a hot poker in the arse to get it in fighting mode?

stopthemaddness of NV 10:46AM October 09, 2008

The elected think we will like sheep be lead to the slaughter, lets vote out every single incumbent...and vote in a REAL CHANGE...as for McCain and Obama, like lame horses in a race, scratch them both and vote the libertarians in at least they will CUT GOVERMENT spending, we need a reset button and if we dopnt do it, then we deserve what we get, socialism and less freedom

Vote what you know to be in our best interest,

sign

Your fellow citizen

SQ

Shawn of CA 9:18AM October 07, 2008

THE BEGINNING OF THE END

AL GORE, DURING THE 2000 PRESIDENTIAL DEBATES STATED ....."IF YOU ELECT GEORGE BUSH AS PRESIDENT OF THE UNITED STATES, YOU BETTER HOPE HE DOSEN'T DO FOR THE U.S. WHAT HE DID FOR THE STATE OF TEXAS".

Well, what did G.W.Bush do for the state of Texas when he was Governor?

Bush used a budget surplus to push through Texas's largest tax-cut of over two billion dollars. The result was that Texas' budget bloomed by 40% to over 100 Billion Dollars under Governor Bush. As Governor, Texas was the state with the largest volume of air pollution in the nation, and forty-ninth in spending on the environment. As Governor, Bush supported a last-minute attempt by a Republican senator to pull $250,000,000 out of kindergarten funding and use it for tax cuts. The list go's on and on, do you see any similarities to the present condition of the United States of America?

They teach history for a reason...."THOSE THAT FORGET THE PAST ARE DOOMED TO REPEAT IT".

Ever since the republicans, under Richard (I am not a crook) Nixon, decoupled the Dollar from the Gold Standard due to the increased runaway spending of the Vietnam War, we have been on a slippery slope towards economic ruin. The mad-dog , $10 Billion Dollars a month spending on the Iraq war is merely a repeat of the Vietnam War Economics. The crisis we are facing today is the result of a dollar that is not worth the paper it's printed on. The rest of the world is slowly coming to the same conclusion and if something isn't done post-haste, they will start dumping the toilet paper we call the U.S. Dollar and cutting their losses before we take them down with us. As to the $700 Billion Dollar bail-out, it's for the Chinese and other sovereign wealth funds that are demanding that their investments be made good or they will proceed to cash out while they can. Well I guess SOCIALISM is bad for the public but good for WALL STREET as it helps foreign banks recover their losses.

I have said this time and time again, the American population, on average, as a whole, reads, writes and comprehends at an 8th Grade Level. The Republicans know that they are dealing with a bunch of 14 year old’s who don't pay attention to what is really going on. That is how they were able to destroy this Country in only 8 years. Our educational system, for the majority of us, is a joke. Analytical thought is uncommon, and the reality is that this is a country that runs on credit and credit alone. We don't make anything that people want, except weapons and war, we have a "negative" savings rate and a large percentage of the population that thinks Sarah Palin is an excellent choice for Vice President.

Guess What, George W. Bush Senior, recently bought over 100,000 acres of land in Paraguay's northern "Chaco" region. The Bush land is close to a new U.S. military installation,and near a huge tract of land purchased by Rev. Sun Myung Moon. This land also sits astride Latin America's largest water aquifer, the Guarani aquifer. The Paraguayan Senate voted last summer to “grant U.S. troops immunity from national and International Criminal Court (ICC) jurisdiction.” and immediately afterwards, 500 heavily armed U.S. troops arrived with various planes, choppers and land vehicles at Mariscal Estigarribia air base.

SOMEHOW I DON'T THINK THE BUSH FAMILY IS BETTING ON AMERICA, DO THEY KNOW SOMETHING THAT WE DON'T. PAY ATTENTION AMERICANS, EXAMINE WHAT IS HAPPENING AROUND YOU. THINK ABOUT YOU AND YOUR CHILDRENS SURVIVAL.

Marcus Taylor of CA 1:42AM October 07, 2008

RE:

The Economy on Election Day: Worse

October 06, 2008 06:01 PM ET | Rick Newman

Montreal, CANADA, October 4, 2008

TO THE NEXT UNITED STATES OF AMERICA NEW PRESIDENT:

SIR:

"MAY I CALL YOU "O" ?"

Because of MAIN STREET!

Because of WALL STREET!

Because of the final electoral sprint - ending soon next coming november 2008 - while THE WHOLE PEOPLE OF THE UNITED STATES OF AMERICA has its eyes on YOU.

Everyone expects You to be democratically elected and see that something happen in America.

In March 1983, one of humanity's most famous spokesmen, Pope John Paul II, came to our country - 'Haîti' - and loudly proclaimed what each and every one of us had been whispering:

'Something must change here.'

Today, more than ever, a lot of people of The United States of America stand up, longing for something and working to make something happen.

"Go thou America ahead and show us thy true countenance in a positive light.' It is up to everyone to play his or her part in order to let thee regain thy mark of excellence !"

With this letter, I am communicating with You, SIR, and with the whole people of The United States of America.

You offer this country what it takes to be a 'Wonderfull Land.' Yes, let us say 'with a great people living and working together.'

Go thou, America, go ahead, following in the footsteps of one of thy sons who is now becoming one of thy statesmen.

With this in mind, to whom else could I entrust this letter sent to his Holiness Pope John Paul II when he set foot on Haitian soil for the first time, as well as its acknowledgment by the Vatican?

That letter to Pope John Paul II is intended to draw attention to the problem posed by anti-Black discrimination and its negative repercussions on the advancement of scientific progress in the West, and more precisely in the realm of Optics.

In the Western world, according to Newton's widely accepted theory, white is considered to be the synthesis of all colors. Actually, the opposite is true. White constitutes the analysis or 'visible' decoding of light or color, whereas black is its synthesis or 'invisible' composition.

In other words, darkness or blackness and, we might add, "Black Holes'" - a scientific misnomer designating invisible stars or 'Black Suns' - are a source of energy and light. Scientifically, Industrially and Economically speaking, what an asset !

That basic raw material of light energy culminates, in its most radiant form, in the neutralization of all the colors of the spectrum in the form of usually called "white light."

Therefore "absolute blackness", the absorption of all the colors, is a divisible component of light. Needless to say, Newton's theory gives only a partial interpretation of the notion of light, by excluding black. Our contribution aims at demonstrating that the black color is not only an integral part of the color process, but its true synthesis...

Lucien BONNET

Lucien BONNET 8:09PM October 06, 2008

Look for McCain to turn to slander. It will be a telling strategy: when all you have to offer is more GW Bush tactics (tax breaks for the big corporations, which is what we've been doing for 8 yrs, little if any help for the middle class, more deregulation, because that's all he knows, and a healthcare plan that might help 5 million more people get some weak version of coverage, probably catastrophic-and he plans to fund it by CUTTING Medicare!). The man believes passionately, despite all evidence, that a deregulated free market is the magic answer to all ills. Thus, he doesn't really want to talk about details; he'd rather try to slip under the voters' radar and then enact these miserable, failed policies when he gets into office.

I urge everyone to read carefully his plans. They're all on his website, and you will notice that there is little in them, other than platitudes, that really serves to help you and me. He'll drag us down, that's almost guaranteed--because he wants to do what Bush has been doing, and we know where that's gotten us. Ideologues just can't change, despite the facts. And old Man McCain won't change, either.

d Wall of AZ 7:25PM October 06, 2008

McCain has surely lost it for he now blames Obama for the failed house vote on the economic bailout. And his attorney is claiming McCain was "dragged" into the earlier S&L financial crisis because a Republican was scapegoated by Democrats. The GOP spin machine is merely putting lipstick on McCain's piggish behavior in another financial crisis that had McCain's finger prints all over it.

Tom Terrific of AL 7:11PM October 06, 2008

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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