Yes We Can… Recover the Economy

October 13, 2008 · Filed Under Economy ·  

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It was a good day today on Wall Street. After a miserable week, the Dow Jones industrials kicked off the new week by soaring 938 points after government plans to support the global banking system.

The Dow broke its previous record for a one-day point gain, which was 499 from back in the days of the dot-com boom in 2000.

And all of the major indexes are up more than 11 percent, according to Yahoo! Finance.

Dow Jones Industrials for October 13, 2008

Now, we’re not out of the woods, for sure. After all, government caused this mess in the first place.

But good news is good news.

Obama Supports a Glass Ceiling on the American Dream

October 13, 2008 · Filed Under Economy ·  

Yesterday in Ohio, a plumber approached Barack Obama and asked, “Your new tax plan is going to tax me more, isn’t it”?

Obama responded…

“It’s not that I want to punish your success. I just want to make sure that everybody that is behind you, that they have a chance for success, too.

I think when you spread the wealth around, it’s good for everybody.”

So, if I am following this correctly, everybody should have a shot at the American Dream, but once you hit $250,000, that’s it?

At that point, your success is, indeed punished, as you have to “spread the wealth” as Barack Obama stated.

Sounds like a fantastic plan to achieve mediocrity across the board and discourage success.


Wealth
by luvnews

Inside the Bubble

October 13, 2008 · Filed Under News ·  

Four years ago, many people thought the Presidential election was John Kerry’s to lose.

After all, the Kerry team preached a message of change, and many people were frustrated by an economy that had taken hits from the Clinton Recession and 9/11 attacks, as well as the war in Iraq.

So, it’s vastly interesting to see behind the scenes of the Kerry campaign in the closing days of the election in the new film, “Inside the Bubble.”

Team Kerry was elated by exit polls and prematurely celebrated what they thought was going to be a landslide.

Sound familiar?

Watch “Inside the Bubble” for free at snagfilms.com, directed by Huffington Post blogger, Steve Rosenbaum.

Digg “Inside the Bubble”.