October 2011 Archives

The second DOE backed, green weenie, loan has failed in as many months. Beacon Power Corp. has filed for bankruptcy protection in the U.S. Bankruptcy Court in Delaware. The company develops energy storage systems.

This time the money, by Washington standards, was just a drop in the bucket ($43 Mil.) as compared to Solyndra's failure in September involving a $535 million DOE loan guarantee and the loss of over 1,000 jobs.

Let us not forget the tiny car company, backed by former Vice President Al Gore, that received a $529 million dollar government loan to help build a hybrid sports car, creating jobs, in Finland.

Even to the most apathetic taxpayer these stories must be raising questions as to the legalities of these transactions, at the very least the appearance of, conflicts of interest, Impropriety?

Has the billions and trillions words been used so much in the past couple of years that millions no longer raise the eyebrows?

I'm reminded of a quote from the late, great, "President Ronald Reagan, Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

Like Me on Facebook

Follow Me on Twitter

DonSabelhaus.com

Don's Marketing Blog





 

The following excerpt is from a press release by IRAQ VETERANS AGAINST THE WAR, BAY AREA WWW.IVAW.ORG.

"Scott joined the Marines in 2006, served two-tours in Iraq, and was discharged in 2010. Scott moved to California from Wisconsin and currently works as a systems network administrator in Daly City, California.

Scott is one of an increasing number of war veterans who are participating in America's growing Occupy movement. Said Keith Shannon, who deployed with Scott to Iraq, Scott was marching with the 99% because he felt corporations and banks had too much control over our government, and that they weren't being held accountable for their role in the economic downturn, which caused so many people to lose their jobs and their homes."

I agree 100% with Scott's assessment of the state of affairs. I disagree with where he chose to target his frustrations. Yes, I believe Big Corporations have too much influence with our government, but they are not running it, if they are, it is by proxy, i.e. the senators and representatives that were elected by "We the People"

I don't know Scott, other than what little I've read about him. However, I know one thing; each side of the issue will produce "facts" about Scott to support their position. One fact is that Scott is in a life-threatening situation because he felt strongly enough to "do something".

Another fact is that the Congress of these United States of America makes the rules that we all play the game by and it is they who are not being held accountable. They made the rules with all the loopholes and amendments, which made it possible for the economic collapse to happen. I'm not exonerating Big Corporations, they are the ones who exerted influence over the weak minded, weak willed, short sighted, self serving people; an apathetic "We the People" elected to represent our nations, best interests, and do not hold accountable for their actions.

Another fact, we continue to support a news media whose focus has turned from keeping the public informed, to keeping the public entertained and promoting their agenda.

Another fact, people purchasing homes knowing they could never afford, even though lenders made it possible to get the mortgage, had a part in the collapse.  

So who is to blame? I would think all parties involved had a part in it. You cannot point an absolute finger at any one person or group unless that person would be you.

Resources:
--------------------------------------------------------------------------------------------------------------
Like Me on Facebook
 
Follow Me on Twitter

DonSabelhaus.com

Don's Marketing Blog

The Baby Boomers Guide to Increased Retirement Income

"Consumer confidence tumbles, home prices stagnate" goes the headline on a Reuters article. It continues "Consumer confidence unexpectedly dropped to its lowest level in two-and-a-half years in October, while house prices were unchanged at low levels in August, suggesting the consumer is still struggling".

The lack of depth never ceases to amaze me that Washington types display when writing these articles. Really, was this unexpected? Where did you go to get your information for the article, or is it something you just assumed?

The economy has been going south steadily, for almost 5 years now, you think it might be wearing thin with the consumer?

Not only is he/she faced with the prospect of losing a job, losing hours, if already  unemployed, there's the prospect they may be losing that. In addition to those gloomy prospects, they are already feeling the pinch of inflation, no matter how Washington screws with the numbers to make it look better.

They just got finished putting their kids back in school, Christmas is waiting in the wings, high heating bills are coming, yada, yada, yada.

Out here in corn country ms. reporter we call that a double whammy! And you are surprised at the unexpected drop in confidence?

When we get rid of the lousy leaders we now have in Washington, maybe the gloom will be lifted, assuming we get someone in there who actually gets something positive accomplished.

Resources:
--------------------------------------------------------------------------------------------------------------
The Article

Retirement Income

Like Me on Facebook

Follow Me on Twitter

DonSabelhaus.com
--------------------------------------------------------------------------------------------------------------

Disclaimer: The following comments and opinions are mine and based on my experiences and observations, your mileage may vary - comment by clicking
"Comments" above, however they are reviewed before being published



A recent Rasmussen poll finds that 66 percent of the American public opposes forgiveness of one of the "Occupy Wall Street" gangs loudest demands. The gang is finding no sympathy with their demand for forgiveness of student loans.

Nearly 1 trillion dollars in loans are at stake. And why should they be forgiven? Was it the American taxpayer that made the decision to trade the indebtedness for a collage education?

The people that "demand" forgiveness of debt, that was knowingly made, have missed an important lesson in life, the lesson of consequences of actions. They signed the dotted line, taking on the debt, in return for what they wanted at the moment and were unable to pay for.

It all points to one of the main problems that the American society has created over the years, the problem of lack of responsibility for one's actions. When this problem is solved most of society's other problems will cease to exist.

--------------------------------------------------------------------------------------------------------------
Like Me on Facebook

Follow Me on Twitter

Increased Retirement Income

DonSabelhaus.com
-----------------------------------------------------------------------------------------------------------------------------------------

Disclaimer: The following comments and opinions are mine and based on my experiences and observations, your mileage may vary.


Secretary of State Hillary Clinton said on Meet the Press Sunday, she strongly supports the United Nations and Libya's Transitional National Council investigations that have been called for into Gadhafi's death.

I'm somewhat confused here, does this mean she want's President Obama investigated for his role in the elimination of Gadhafi, as it appears he's taking some credit for the removal.

In reality, again it's just smoke n' mirrors, what good would it do to tie up countless hours, manpower, and money to find the exact circumstances surrounding his death. It's just the same ending as countless stories such as his throughout history.

Those same resources would be better spent in that region of the world to promote true democracy and freedom, and not just replace one tyrant with another. Let's start with education, so all the peoples of that region can learn to read and think for themselves.



Resources:
--------------------------------------------------------------------------------------------------------------
The Interview
-----------------------------------------------------------------------------------------------------------------------------------------
Like Me on Facebook

Follow Me on Twitter

Disclaimer: The following comments and opinions are mine and based on my experiences and observations, your mileage may vary - comment by clicking
"Comments" above, however they are reviewed before being published



"I didn't use, no no no...Let's get it straight, guy. Don't screw around with me", said Biden before he admitted using the term rape in trying to promote the Democrats latest jobs proposal aimed at getting public sector employees back to work. The exchange took place between Biden and Human Events.

How can the phrase "Don't screw around with me", be taken as anything but a threat, of some kind? I wonder many times if these Washington Demigods realize that their words are recorded, and at some point in time are going to be replayed for all to hear.

But then again I imagine being a Demigod they have the power to alter what was said, at least they think they do.

When the sleeping electorate decides to wake up and pay attention to what is going on in the land of Demigods, maybe we can rid Washington of these empty vessels once and for all and start holding the servants of the people accountable for their actions that effect us all.

Disclaimer: The following comments and opinions are mine and based on my experiences and observations, your mileage may vary - comment by clicking
"Comments" above, however they are reviewed before being published


Whether you agree or disagree with the message of the protesters is irrelevant, the fact remains that they are protesting in the wrong place. They should be protesting in Washington DC.

More specifically, they should be protesting on the doorsteps of the halls of congress. Aside from the dictatorial powers granted to the President, by the executive order, given to him by congress, the lawmaking process begins there.

Don't blame Wall Street for playing by the rules congress has laid down for them. Do you really think the best interests of the public were considered when the laws governing Wall Street operations were instituted? They were instituted to benefit the institution and the self-serving lawmakers who wrote them.

For years now our congress has served special interests, not the public. All the laws for the good of the public were passed years ago, aside from new technologies that come along in our evolution; there is no need for new legislation. The only thing they have done for years now is create laws to stick their collective noses farther up our posterior.

The only way we the people, are going to make a change is at the ballot box, and then only by informed decision. That is only going happen when the collective public wakes up to the reality of what is going on around them.  

Like Me on Facebook

Follow Me on Twitter
 

 

Disclaimer: The following comments and opinions are mine and based on my experiences and observations, your mileage may vary - comment by clicking
"Comments" above, however they are reviewed before being published


There is a conspiracy in this country, dare I say world wide, in the health industry. Its no longer a matter of unintended consequences, the powers that be, know and understand the cause of illness and disease and continue to keep the public uninformed.

The public has been mesmerized by the pharmaceutical industry's constant barrage of advertising telling them that their pills and poisons' are the cure for illness and disease.

The war on cancer has been going on for years and there has been no major improvements in curing cancer. There has been billions of taxpayer dollars spent on this war, the public should be demanding an accounting.

As long as individuals are all to eager to turn their health and wellness responsibilities over to someone else, the war will continue and the dollars will continue to go down the drain.

Watch this movie and empower yourself with the truth.

Resources:
The Movie
-----------------------------------------------------------------------------------------------------------------------------------------
Like Me on Facebook

Follow Me on Twitter

DonSabelhaus.com
-----------------------------------------------------------------------------------------------------------------------------------------