Tuesday, January 29, 2008

Race and Gender

Discrimination is alive and well. But only for those who act like victims with self pity, with attitudes out of order, and rebel against conformity. Acceptance, no matter of skin color, race, or gender come to those who are kind and diligent, hardworking with goals, and live within accepted social guidelines. You first have to respect yourself before you will get the respect of anyone else. Hate has destroyed more economic opportunities and endeavors than any natural causes.

Basic Rules of Economy

Only three things can gain reward: labor, investment, and intellectual capital. Where the opposite is true, the three things that penalize efforts are taxes, regulations, and mandates.

Romney: Businessman, Presidential Candidate, and the Economy

It is amazing to me that a self-made millionaire that supposedly understands business, understands markets, and understands the cap that government can put on expansion, would associate themselves that closely with the Buchanans' absolute isolationist philosophies. Their hate for everyone that doesn't agree 100% with them has overcome their rational thinking. America's strength is in it's diversity.

Mitt, rid yourself of those antiquated forces. The world is small, America is strong and exponentially the world will develop around us without us if we isolate ourselves.

Thursday, January 24, 2008

Stimulus

To stimulate one of the world's most robust economies at a time when all major economic factors (inflation, interest, and unemployment) are in the single digits, is nothing more than the redistribution of wealth. True stimulation can only come in the form of tax reductions for users of staples (i.e. fuel). A rebate check of $800 will buy a TV where the stimulus goes to the Korean economy, whereas a federal tax reduction on gas and diesel will create true stimulus by making all commodities more affordable as well as the ability to get to work cheaper. Though opponents will insist that a reduction in the fuel price will increase consumption, I believe that it is not our place to hold everybody's hand, but that individuals and families have to take advantage of the possible savings if they are truly in this dire need. Secondly, a tax rebate does not stimulate future planning and long-term thinking, but just patches previous problems. The subprime problem is one of the very few economic situations that was caused by opportunistic lenders. The traditional cure for high prices is high prices, and for low income is low income. Put the traditional forces to work and we will be well sooner than later.