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POPSBush or Obama: The Quiz 5. While Obama criticized Bush for "a doubling of the national debt," the federal debt held by the public went from 35.1% of GDP in 2000 to 40.8% of GDP in 2008 -- an increase of 16% as of fraction of GDP. What is it expected to be in 2016 under Obama's budget plan? 6. Obama criticized Bush for Guantanamo, military tribunals, wiretaps, troops in Iraq and Afghanistan, and "signing statements." Which one of these Bush practices has Obama ended?
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POPS Uncle Sam’s Collections Continue Their Steep Drop It is ironic to say the least that Congress and the Obama administration are glorifying the idea of a “public option” that would ultimately lead to government-run health care while Treasury receipts continue to shrink. If the private health insurance market disappears, so will its taxes. To name just one example, Aetna’s recorded income tax expense on its financial statements for 2005-2008 (including state and local taxes) averaged roughly $900 million per year. Put the company’s health insurance segment out of business, and a large portion of those taxes would stop coming in, digging the country’s and various states’ debt holes that much deeper. The establishment press has paid very little attention to fiscal 2009’s drop of 19.5% in receipts from economic activity, so I expect similar treatment of October’s continuation of the trend. It would appear that they don’t want any unsettling news getting in the way of the statist agenda.
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POPSSouth African beaches get blue flag status Blue flag status has been awarded to 29 South African beaches this year, an increase of ten over 2008. Seven of these are located in Cape Town, including the city's Muizenberg and Camps Bay beaches.
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POPSTop 10 GOP Moderate Moments (via Rush) As I was in the car I switched him on and he was just beginning his countdown. Yes. Either the 'moderates' form their own party or the true conservatives must. I'm tired of voting for the lesser of the 2 evils and violating my true convictions. While these 'moderate' Republicans may be very nice people with good intentions...few actually shared my values. And he's right! The #1 'moderate' revealed so much about himself.
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POPSInterest rates are going up With short term rates at or near zero, they can't o lower. The only way way rates can go is up. The questions remain; how high and how fast. This article does a much better job than I can about explaining what the bond market is facing. maybe the move up in rates won't be as dramatic as the article suggests, but we all should prepare ourselves for it.
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POPSHope-n-Change Futures Are Down Across The Board When asked about Obama’s policy agenda, in November 2008 the responses split 43/45 (Liberal/Moderate) while recently the split was 54/34 (Liberal/Moderate). These are just a couple of highlights of the questions and I encourage you to check out the interactive data for the suprising shifts in the publics attitudes, especially the priorities and the policy expectations. But based on the results it’s becoming clearer that the public perception of Obama 1 year ago is vastly different from the President the public has come to know. In fact, to use the formula of the President himself, the public thinking is, “This is not the Obama we thought we elected.” >>Read more http://powip.com/2009/10/hope-n-change-futures-are-down-across-the-board/