What are we Stimulating?

[Sarah Brown]

My husband and I read over the stimulus bill last night... over 700 pages with about a billion of spending on every page. It did not seem to have much to do with helping the economy until the very end. Has anyone else read it? What do you think?

I noticed that "Science" gets over a Billion $$$, Welfare and food programs get Billions and Billions of $$$ but small business grants and loans only add up to less than 100 million $$$... It doesn't seem right.

It looks like the government is getting ready to deal with a welfare and food crisis, and is not investing in the economy- it's all about Government programs to help the poor and help the disadvantaged, education, health, and help the enviornment... But Stimulus?

[Darrell G. Walton]

Just more to force the public into socialism instead of empowering the people to grow the economy as to seize their own destiny. Being without permanent fulltime work since last August, I would more than love to be equipped in ways to work and earn my way as opposed to having to get a handout. I want to see that business expand and get what it needs to create a new job for me! All I see in the Stimulus Package is just another ball of red tape programs to be given a stipend from that won't make any real difference for the long run with the exception of the negative difference of paying for it for generations to come tax wise.

[Brian Morgan]

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Very interesting, found this page from Pat Coyle's Post "Is the economy the only thing that matters?" where he has linked to this and 2 others.

Thanks for the low down on the "govt is getting ready to deal with welfare & food crisis"...

That insight (welfare & food crisis) might indicate somewhat of an unveiling of what is going to happen within the next 5 to 10 years. I grew up in the 1970's and 1980's and it really seemed that "business was good, life was great, and that everything was moving along well for our country".

Since we turned from the 90's to the 00's it's been "Bad News after Bad News" in my opinion. We had the unfortunate 911 Attack which shocked us to the core, put us into a terrible war, and if the net is correct has been the result of well over 85,000 civilian deaths. Then as a result there was a short but powerful drop in markets (stocks) due to 911. And more lately, finally the markets (DJIA) hit an all time high (14,000) and shortly there after it has been sliding downward, and eventually collapsing to the tune of 6000 points in the DJIA.

Right now with the economy facing some of the worst times ever; 1 in 8 American's is either late on their mortgage payments or in foreclose already - which is going to really tank this economy - simply due to the fact that this illustrates our present economic condition.

I have always expected to "toss" extra money and assets into the markets (stocks) simply because it has been a place to passively make returns on one's assets through a broker without much effort on my part. Since the market collapse - I don't think I will ever again have any "faith" in the markets. I have personally talked with too many people and families that have either lost 1/2 of their retirements in the market, lost 1/4 or more of their portfolios, or families that have gone from fully employed into unemployed within the last year or so.

When life is going along smoothly, and the economy is UP for everyone - it seems that (IMO) we participate in life, go through small changes, and enjoy knowing that tomorrow will be fine. All that has changed - seems like we are in a transition period and no-one feels that today or tomorrow will be smooth sailing.

Planning for the future for most families requires stable jobs and income, that certainly is not happening for the Average American.

I don't know what America will look like in 6 months, but I don't think anything will get better for the USA economically for a minimum of 10 years or more. And that might be an under estimation due to my lack of insight on the demographics of the USA. With a large percentage of "Baby Boomers" in this country retiring - it's my forecast that the worst is still yet to come.

I would say in 10 years we'll be worse off than we are currently; yet since we've had such a nice or uneventful economy in the 1970's 1980's 1900's - I think we all inherently "feel" a bit "safe" about tomorrow's forecast. I think the Average Blue Collar Working American will have to deal with the worst economic period we've had in 50+ years.

I see a lot of garage sales on the horizon and when garage sales are a source of income - the economy is in the toilet.

- Brian

Note: I get some economic news from VisionVictory a YouTuber that predicted (rather well 1 year in advance) the markets to hit 7000 to 8000.
VisionVictory Economic News - Click Here
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[Brian Morgan]

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Robert Reich has some good information about the future of General Motors and the Future of Manufacturing in the USA.

See the link below and go to the May 29th 2009 post about "The Future of Manufacturing", great information.

Robert Reich Economic Outlook, click here ...

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[Tino Marquez Jr.]

I have not even glanced at it but have heard enough about it from multiple media outlets with spin from both sides of the political spectrum. The messiah can’t lose. If by some slim chance, this stimulus bill returns America to prosperity, then he is the chosen one who righteously changed our country’s laws to meet his whims in such a whirlwind short amount of time. If it fails, and people are suffering and hurting and while everything is spinning out of control, he will remind us that he “inherited all this” and the left will back him say, yes this is all Bush’s fault.

Obama doesn’t want the government in the business in of running a car company, but they are. He doesn’t want the government in the business of running banks, but they are. And they want to control Health Care. Seriously, do any of you know any doctors or insurance professionals who say “Oh, yeah, this is a great idea, and let me show you why…”? He has taken over the census and put ACORN in charge? The media goes orgasmic over him promising to create or save 600,000 jobs this year, never mind we have been losing almost that many every month this year and yet will lose much more as car dealerships are forced to close and factories as well, crushing the small communities economic infrastructure around them. The media and the left will praise him incessantly for his accomplishment even though there will be a huge net loss of jobs. We will be taxed through the nose for our energy consumption while the likes of the messiah and Pelosi are transported via expensive jets and limos because carbon footprints only apply to us serfs.

Personally, I agree with some of what he is doing, but wow, do we really want the government taking over Health Care? I think there needs to be some tweaks to it so independent consultants like myself can actually buy healthcare insurance …NO I don’t want it for free, I want the ability to pay for it and choose my provider.

Of course the programs are designed to help the poor and disadvantaged, as they will be the majority soon (if not already) and will keep voting our masters and this nonsense. And the attacks on the rich will continue as class warfare rages on. I wonder how long before the rich Hollywood elite fill the sting of this socialist agenda…or are they immune?

Though now, those who think like myself, are labeled fear and/or hate mongers or worse…republican ;) I would like to have an intelligent conversation with someone who agrees that Obama IS moving the country towards socialism (at dizzying speed) and explain to me why, with a straight face, it is good for American and why it is so much better than capitalism.

Is the military getting anything? And like Chris said… dear God, 700 pages in one night? That would take me at least a month if not more :) Oh well, I guess I better plant that garden soon.

Sorry for rambling.

[Brian Morgan]

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Just returned yesterday from California; I had taken a few days to travel to see "The Vision Victory Economic Seminar" in Ontario California on July 11th, 2009.

I was very impressed by the speaker, Daniel (Vision Victory), and the amount of study & research he had invested in the seminar content. I learned much more about our economy and some of the details (statistics) that Vision Victory uses to help him understand the dynamics of the US & Global Economy.

The seminar lasted just over 2 hours at the Ontario Hilton Hotel (Airport). Vision Victory has changed my paradigm for understanding the Economic Crisis that we are in right now and also helped me know where the best investments are for people concerned about our economy and the falling values of the US Dollar.

I was lucky enough to "rub shoulders" with Daniel, his wife and mother-in-law during the lunch after the seminar (only five of us, I was lucky); primarily because I had traveled the longest distance to attend his event; most of the 100+ attendees were from the California Area.

The main reason I traveled across the country to see Vision Victory Live was that he is authentic and does his YouTube Economic Videos and this Seminar for the primary purpose of "Waking American's Up". The mainstream media manipulates the news, economic statistics, and American's are never told the "Truth" about our economic conditions.

As a result of this seminar; I will very likely attempt to see his next seminar - assuming that more are to come across the country.

More will be posted soon about what I learned...also see "VisionVictory" the YouTube Channel...

Tags: Economy, Vision Victory, United States Economy, Seminar 2009, Gerald Celente, Peter Schiff, Economic Crisis, Gold & Silver Investments Overseas, Federal Reserve, Baby Boomers.

[Brian Morgan]

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Short Vision Victory Video Here (Click > ) The US Economy by Vision Victory

Brian Morgan