By Mike Zaman

Bush’s Tax Cuts for the wealthy enacted in 2001 and 2003 which Obama plans to reduce has become a flag ship for the Republicans.

Yet congress controlled by the Democrats, remains catatonic giving the Republicans an unbridled opportunity to capture control over both houses this November, in which the tax cuts will be continued.

The Tax cuts so far have made a profound change in our country, it has allowed the wealthy to accumulate even more wealth and pay less in taxes. While main stream that 98 percent of America are on the fringe, if not already living in a sub standard culture.

Now there is a political fireball brewing in Washington, the Big Business advocates, the Republicans want to continue the tax breaks for the wealthy; their premise is that this will boost the economy. However so far it has had an opposite effect due to what is called hoarding. Perhaps their thinking, the Republicans, is the age old notion, feed your friends and they will feed you! After all that does seem to be how Congress and the White House have conducted business so far. The name of George Soros comes to mind.

The lavish tax cuts for the wealthy have done nothing for America; it has allowed the wealthiest among us to become even richer at the expense of what’s left of the Middle Class and decidedly the Lower echelon of our economy.

And not surprisingly 109 of the richest 400 Americans are in finance or investments.

And the latest tally demonstrates that somewhere in excess of 20 million Americans don’t have work…

Meanwhile Obama and congress fight over health care reform

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

By Mike Zaman

The Health care bill as passed by congress, consumers feel, was a bailout for the insurance industry that had been hit exceptionally hard by the level of foreclosures. Several have already folded or merged.

American workers have been faced with a whopping 14% jump in the costs to insure their families.

A typical employee is paying, as their share of insurance coverage, about $4,000.00 for a family of four, up by $482.00 from 2009. But this is only their part; the employer pays the major portion around $9,800 which brings the full coverage to $14,000.00

Over the past five years, employees share of insurance premiums have risen 47%. And employees could see even higher costs in their plans come open enrollment for 2011.

With mandatory coverage, if it is not declared unconstitutional by the Federal Courts, insurance companies will have a windfall, while consumers will actually have a diminished purchasing power.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

By Mike Zaman

When most of us look in the mirror what we see is the reverse image of our self, but sometimes we even miss that reality.

And this is exactly the problem that Bernanke and the FED are experiencing, the illusion, that he can save the economy by taking the country further into debt. The more money the FED creates becomes a larger burden on us, the US taxpayers.

How much can we undertake while the economy languished on the edge of total collapse?
Psychiatrists agree that our government is actually insane, why? Because the very definition of insanity is to do the same thing over and over and to expect a different outcome, surely Ben Bernanke and the FED meet this standard.

Through the first quarter of this year, Bernanke printed $1.5 trillion of paper currency and promptly bought $1.5 trillion in mortgage bonds, government agency bonds, and Treasury bonds. Now these bonds are an obligation imposed on the US taxpayers, who by the way are mainly economically indisposed.

But even as the entire effort was a failure, Bernanke is at it again.

If Fed Chairman Ben Bernanke honestly believes what he said at Jackson Hole on Friday - that he can save the economy by printing more money and buying more bonds - he needs to see a psychiatrists, the indication of this attempt to bolster the economy by acquiring more of the banks products, hasn’t stimulated the economy one bit. In fact the opposite has actually occurred, and hiding the true numbers of America’s unemployed is like an ostrich burying its head in the sand. Unemployment doesn’t go away simply because of wishful thinking.

America needs jobs, real jobs to jump start the economy, and the illusion that jobs are being created won’t make the economy stronger. But where will these jobs come from?

One approach is to make it more expensive for companies that are outsourcing American jobs, through higher taxation, this is a real solution! Inflating the economy will have a dire consequence, higher prices and a deeper prolonged depression, that’s right depression!

Lessons were learned from the 1930’s but it takes an intellect to read what the government did to stimulate the economy, and after all what it took in the end hasn’t worked today, it took a world war… today our war efforts haven’t been able to stimulate the economy even though we have become a nation perpetually at war, why, because even our weapons and weaponry are outsourced, it appears even our own government has a greater interest in the world economy, lacking a real insight or concern for its own people!

Bernanke is a man that sees a different image in the mirror, and that image speaks a different language.

It will take a different administration to solve the problems facing America, doing the same thing over and over always results in the same outcome and Obama has yet to understand economics 101, but then, neither has our economist Bernanke.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

By Emon

CRWE Newswire Mideast Coirrespoindent

The U.S. Congress has given final approval to a $600-million measure to increase militarization of the U.S.-Mexico border. The U.S. Senate approved the measure last week after the House of Representatives had passed the legislation.

The money will pay for 1,500 more border agents, unmanned aerial surveillance equipment and communications technology. The United States now employs a record number of Customs and Border Protection officers. According to reports from the U.S. capital, immigration enforcement spending already stands at $11 billion for 2010, compared to $8 billion for 2008.

President Barack Obama deployed 1,200 National Guard troops to patrol the border and requested another $500 million for additional militarization.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

Republished with Permission of Rasmussen Reports
http://www.rasmussenreports.com/public_content/politics/mood_of_america/generic_congressional_ballot

Monday, August 16, 2010

Republican candidates have jumped out to a record-setting 12-point lead over Democrats on the Generic Congressional Ballot for the week ending Sunday, August 15, 2010. This is the biggest lead the GOP has held in over a decade of Rasmussen Reports surveying.

A new Rasmussen Reports national telephone survey finds that 48% of Likely Voters would vote for their district’s Republican congressional candidate, while 36% would opt for his or her Democratic opponent.

Support for Republicans is up two points from the previous week, while support for Democrats dropped three points. Republicans have led on the Generic Congressional Ballot since June of last year, and their lead hasn’t fallen below five points since the beginning of December. Three times this year, they’ve posted a 10-point lead. Prior to this survey, GOP support since June 2009 has ranged from 41% to 47%. Support for Democrats in the same period has run from 35% to 40%.

Eighty-three percent (83%) of Republicans back their party’s candidate, while 75% of Democrats support the candidate of their party. Voters not affiliated with either party prefer the GOP candidate by a 52% to 21% margin. Fifty-four percent (54%) of white voters favor the Republican, but 77% of African-Americans prefer the Democrat.

The number of Republicans in the United States slipped a point during July, while the number of unaffiliated voters gained a point. Overall, the numbers signal a high level of stability in the parties as there have been only modest shifts throughout 2010.

The Generic Ballot results were much different during the last two election cycles when Democrats regularly had large leads. When President Obama was inaugurated in January 2009, Democrats enjoyed a seven-point advantage. The two parties were very close through the spring of 2009, but in June, around the time Democrats began their campaign for health care reform, Republicans pulled ahead for good.

Most voters now believe the Democratic congressional agenda is extreme, while a plurality describe the Republican agenda as mainstream.

Most also think Obama and the average Democrat in Congress are more liberal, politically speaking, than they are.

With midterm elections less than three months away, nearly two-out-of-three voters (65%) remain at least somewhat angry at the current policies of the federal government, including 40% who are Very Angry. Only 23% think the government has the consent of the governed.

Support for repeal of the health care reform bill is at 60%, its highest level in over a month, while the number of voters who believe repeal will be good for the economy has reached a new high.

Voters overwhelmingly believe that most members of Congress are for sale, and over half think it’s at least somewhat likely that their own representative has been bought with cash or a campaign contribution.

Forty-nine percent (49%) of voters nationwide believe elections are fair to voters.

Seventy percent (70%) now expect politics in Washington, D.C. to be more partisan over the next year. That’s up four points from last month and the highest finding since Obama took office in January 2009.

Most Americans still oppose granting U.S. citizenship automatically to children born in America to illegal immigrants.

For the second week in a row, 30% of Likely Voters say the country is heading in the right direction.

Rasmussen Reports is an electronic media company specializing in the collection, publication and distribution of public opinion polling information. We poll on a variety of topics in the fields of politics, business and lifestyle, updating our site’s content on a news cycle throughout the day, everyday. Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade.

Disclaimer:
The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings Inc. or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article.