Economics

Christmas Countdown

Submitted by ub on

Yes, sir its that time of the year once again. It's time for our annual Christmas Countdown. Here's an eclectic assortment of #CityImages best and most favorite Christmas news stories.

This Christian holiday honors the birth of Jesus Christ and has evolved over two millennia into a worldwide religious and secular spectacular, incorporating many pre-Christian, pagan traditions into the festivities along the way. Christmas is a time for family and friends to gather together celebrating and exchanging gifts.

GOP Voodoo Economics

Submitted by ub on

The GOP has pissed on us, oh sorry, has passed a bill overhauling the federal tax code in wee hours this morning, following a series of last-minute handwritten changes, without any public hearings, or advice from the experts and relying on lobbyists who work for special interests. Fifty-one senators voted for the "Tax Cuts and Jobs Act," with just one Republican, Bob Corker of Tenn, who voted against it. No Democrats supported this legislative disaster. This bill is political Russian roulette, which may cut social security and Medicare.

The bill differs significantly from the version the House passed on Nov. 16. of the "Tax Cuts and Jobs Act" by a vote of 227 to 205. Thirteen Republicans voted against the legislation, most of them from high-tax states likely to be negatively impacted by its provisions. No Democrats supported it.

The House and Senate's bills will now go to conference to be reconciled into a single piece of legislation for the President's signature. If a version of the overhaul does become law, it would be wrong, oh sorry, rewrite of the federal tax code for the first time since 1986, allowing the rich to get richer and hurting the middle class.

Here we go again. The Republican's proposed tax cuts sound and smells too much like my old boss' George H.W. Bush cliché, Voodoo Economics, that cutting tax rates will increase revenues. How many rich people in America are avoiding paying taxes and will balk at the opportunity to hire or offer salary increases? Get real people, it's a trickle down lie.

Out of Order Tax Cuts

Submitted by ub on

Here's an idea for Congress to consider, instead of blowing the hatch from their stinking careers. Businesses and rich people who own stocks are doing great. They make loads of money, while regular folks are not doing so well because the government has allowed wages to be capped.

Don't Be Rushing US

What is the reason for the Trump administration's tiny steps toward imposing sanctions targeting Moscow under a new US law by sending Congress a list of entities linked to the defense and intelligence arms of the Russian government?

It is the world’s largest nation, and perhaps POTUS has a vision many Americans have yet to see, like the fact that Russian borders European and Asian countries as well as the Pacific and Arctic oceans. Its landscape ranges from tundra and forests to subtropical beaches.

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Quack Exploits America

Submitted by ub on

It was not the first time this occurred and unfortunately, it will not be the last. Do you know how a faker and a grandstander managed to get away with exploiting America utilizing the power of the media?

Allow me to tell you a story about a man whose initials are DJ. He came to be known as a liar, a mass media manipulator, who filed for bankruptcy and ended up being charged with criminal fraud.

-In every age, in time there is a great seething moronic underworld who are literate, but they can't think, so they live off their emotions and vote on their prejudices... And so it goes.

30th anniversary of the 1987 Crash

Reminiscent of the terrible 2005 Hurricane season, the third quarter of 2017 witnessed a series of
natural disasters which caused historic flooding in Texas, ravaged the entire Florida peninsula and
devastated the island of Puerto Rico. Out West, destructive wildfires are leaving some of
America’s finest wineries in ashes. All are producing promises of government assistance which
has economists busy calculating the stimulative effects of the increased spending. Replacing
almost a million cars in Houston and rebuilding homes throughout the affected areas are sure to

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Summer Vacation

Submitted by ub on

If you're reading this, you're ready, willing and capable of going on vacation, but you don't want to pay a travel agent, you're not sure where to start, and you're a DIY kind of person who's willing to put in some elbow grease. https://youtu.be/R5PJ0JZUhgc

This may serve as a handy list to help you plan a getaway, from getting good flight deals to making sure you won't get stranded abroad. You want to get away for a while. This is the best way to go from daydreaming about far-off destinations to actually visiting them. https://youtu.be/ruyG8J-3IpY

Big City Homeless

Submitted by ub on

Has the number of homeless people significantly increased in large metropolitan areas? Folks without a permanent place for them to live are most often unable to keep regular, safe, secure and adequate city housing.

This problem bodes poorly for the future. Decades of research have shown the staggering societal costs of families with children in poverty. The kids grow up with less education and lower earning power. They are more likely to end up with drug addictions, psychological traumas, diseases, and could possibly end up in prison.

President Obama Returns

Submitted by Admin on

He's back, Barack Hussein Obama II. The former President chose the University of Chicago in his first public appearance since leaving The White House. As expected, he handled himself like a pro.

President Obama said warned that political gerrymandering is preventing the country from tackling problems like economic inequality, a broken criminal justice system and climate change.

https://www.c-span.org/video/?427383-1/former-president-obama-makes-fir…