Born October 26, 1947 in Chicago Illinois. Degrees from Wellesley College, and Yale Law School. Hillary has spent more time as the wife of a politician (30 yrs) than an actual polictician (us senate 6 yrs). Senate term expires Jan 3, 2013.
Here are a few blurbs that caught my eye. These don't necessarily determine the type of politician that she is. Like I said they just caught my eye.
voted no on a criminal penelty for harming a unborn baby during the commission of another crime
voted no on notifying parents of minors who get out of state abortions
voted yes to expanding research to more embryonic stem cell lines
voted yes on loosening restrictions on cell phone tapping
voted no on allowing some lobbyist gifts to Congress
voted yes on reauthorizing the Patriot Act
voted yes on allowing illegal aliens to participate in Social Security
voted yes on building a fence along the Mexican border
voted yes on authorization of military force against Iraq
voted yes on redeploying troops out of Iraq
voted no on repealing the alternative minimum tax
voted no on permenantly repealing the death tax
voted yes on retaining reduced taxes on capital gains and other dividends
This is just a small representation of what Mrs. Clinton has voted on. I am not going to say which of these votes that I agree with or disagree with. I will say that here voting record shows that she is not as liberal as people think, nor is she too conservative. Well what does Hillary stand for as a President.
Here is her platform according to her own campaign site.
Strengthening the Middle Class
Providing Affordable and Accessable Health Care
Ending the War in Iraq
Energy Independence
Fufilling Our Promises to Veterans
Supporting Parents and Caring for Children
Restoring America's Standing in the World
Comprehensive Government Reform
Strengthening Our Democracy
Reforming Our Immigration System
I urge and implore you take the time to research all or the candidates for President in 2008.
Don't let other people make that decision for you. Inform yourself and make sure that you are armed with information.
informations from....
http://www.ontheissues.org/Senate/Hillary_Clinton.htm
http://www.hillaryclinton.com/
Saturday, November 24, 2007
Who is Ron Paul?
The following is a new thing here. A guest blogger.
Voting for republicans or democrats is pretty pointless, and the third parties really don't have a chance because most people only want to vote for someone that they think will win, or at least has a chance of winning. I'm voting in the Republican primary, but I probably won't bother with the general election. I'm voting for Ron Paul. Maybe it's the John Birch Society camp brainwashing, but Ron Paul seems to be the only honest candidate out there that also shares most of my beliefs.
Voting for republicans or democrats is pretty pointless, and the third parties really don't have a chance because most people only want to vote for someone that they think will win, or at least has a chance of winning. I'm voting in the Republican primary, but I probably won't bother with the general election. I'm voting for Ron Paul. Maybe it's the John Birch Society camp brainwashing, but Ron Paul seems to be the only honest candidate out there that also shares most of my beliefs.
- Reduction of the amount the Federal Government involves itself in my personal life.
- A non intervention foreign policy.
- Fostering good trade relations with other countries instead of military force.
Those are just a few of his points but he is also the only one that seems know's anything about economics. It doesn't really matter,though. We're going to end up with Hillary, Obama, or Giuliani as our next president, I don't think any of them are going to change the direction the country/empire is headed.
Thanks P
ARE PRICES RISING OR FALLING? YOU BET !
I received this story in an email. It is from the The Daily Reckoning. I know it is tedious, but read it anyway.
www.dailyreckoning.com
thanks P
ARE PRICES RISING OR FALLING? YOU BET!
By Bill Bonner
First, the basics: China is a big country in Asia with a big pile ofcash - $1.4 trillion of it. Most of this currency features picturesof dead U.S. presidents. The USA is a big country in North Americathat emits these dollars, and uses them to buy things it cannot affordand doesn't really need.
Meanwhile, Americans owe more dollars than ever before. Until 1980,debt as compared to GDP never surpassed 150%. Now it is 330%. Manypeople are finding it hard to pay their debts. And many leveragedbets made on this debt are now going bad, reducing the availability ofcash and credit generally.
On the one hand…the world is awash in paper money. So much of it isgushing into the world economy that prices – notably of oil and gold –can only float up higher. And, the dollar, of course, is doomed byinflation. It will be dragged down by the weight of its own numbers.
On the other hand, the world is caught in a credit crunch. The daysof reckless lending are over. Assets – real and imagined – arefalling in value, prefiguring a major drop in prices across the board. The housing industry got nailed first. Then, property prices headeddown. Finance was next. And then technology. And now stocks, generally, are in retreat…with much further to go.
The right hand is clearly working the pumps. For clarity, we turn tono less an authority than Mr. Mahnoud Ahmadi-Nejad. You may recognizethe name, dear reader. Mr. Ahmadi-Nejad is the desperado in charge ofIran. He was in the news this week, appearing in Monday's FinancialTimes . A photo showed him looking rather glum. Of course, you'dprobably look gloomy too if Hugo Chavez had his arm around you.Still, Ahmadi-Nejad managed to summarize the entire post-1971 worldmonetary system so clearly and so precisely; it was almost poetry. Ahaiku:
"They get our oil and give us a worthless piece of paper."
Mr. Ahmadi –Nejad is not known as a poet nor as an economist. Still,he went on to give graduate level instruction in central banking: "Weall know that the U.S. dollar has no economic value.
"How dollars came to have no economic value is a long story. How there came to be so many of them is shorter; the dollar is the USA's most successful export. Americans are world champion spenders. They may make up only 5% of the world's people, but they do 20% of its consuming – in dollars. Central banks, fearing that an over-supply of dollars will drive their own currencies up, print local currencies, use the money to buy dollars, and add the dollars to their reserves. This year alone, China has accumulated nearly $400 billion of foreign reserves, mostly dollars.
Meanwhile, another headline from the FT told us that the greenback is under attack in other parts of the world: "Dollar loses grip on Asian debt sector.""The US dollar has lost is status as the pre-eminent currency for fixed-income products such as corporate bonds in Asia, a sector it used to dominate…" said the story. The dollar itself fell to record lows against practically everything – notably, the pound, the euro, and oil. And if the Fed cuts rates again in December – which is given a 90% probability by the futures market – the dollar will fall further…and prices will continue to go up.
But, while the right hand pumps, the left knocks a hole in the bucket. Week after week, more losses are announced. The latest tally by Goldman Sachs estimates total losses at $400 billion from the subprime debacle, with a total of $2 trillion of cash and credit sucked out of the financial system.
Which hand will do the most damage? We don't know. Probably both of them will smack us sooner or later.
www.dailyreckoning.com
thanks P
ARE PRICES RISING OR FALLING? YOU BET!
By Bill Bonner
First, the basics: China is a big country in Asia with a big pile ofcash - $1.4 trillion of it. Most of this currency features picturesof dead U.S. presidents. The USA is a big country in North Americathat emits these dollars, and uses them to buy things it cannot affordand doesn't really need.
Meanwhile, Americans owe more dollars than ever before. Until 1980,debt as compared to GDP never surpassed 150%. Now it is 330%. Manypeople are finding it hard to pay their debts. And many leveragedbets made on this debt are now going bad, reducing the availability ofcash and credit generally.
On the one hand…the world is awash in paper money. So much of it isgushing into the world economy that prices – notably of oil and gold –can only float up higher. And, the dollar, of course, is doomed byinflation. It will be dragged down by the weight of its own numbers.
On the other hand, the world is caught in a credit crunch. The daysof reckless lending are over. Assets – real and imagined – arefalling in value, prefiguring a major drop in prices across the board. The housing industry got nailed first. Then, property prices headeddown. Finance was next. And then technology. And now stocks, generally, are in retreat…with much further to go.
The right hand is clearly working the pumps. For clarity, we turn tono less an authority than Mr. Mahnoud Ahmadi-Nejad. You may recognizethe name, dear reader. Mr. Ahmadi-Nejad is the desperado in charge ofIran. He was in the news this week, appearing in Monday's FinancialTimes . A photo showed him looking rather glum. Of course, you'dprobably look gloomy too if Hugo Chavez had his arm around you.Still, Ahmadi-Nejad managed to summarize the entire post-1971 worldmonetary system so clearly and so precisely; it was almost poetry. Ahaiku:
"They get our oil and give us a worthless piece of paper."
Mr. Ahmadi –Nejad is not known as a poet nor as an economist. Still,he went on to give graduate level instruction in central banking: "Weall know that the U.S. dollar has no economic value.
"How dollars came to have no economic value is a long story. How there came to be so many of them is shorter; the dollar is the USA's most successful export. Americans are world champion spenders. They may make up only 5% of the world's people, but they do 20% of its consuming – in dollars. Central banks, fearing that an over-supply of dollars will drive their own currencies up, print local currencies, use the money to buy dollars, and add the dollars to their reserves. This year alone, China has accumulated nearly $400 billion of foreign reserves, mostly dollars.
Meanwhile, another headline from the FT told us that the greenback is under attack in other parts of the world: "Dollar loses grip on Asian debt sector.""The US dollar has lost is status as the pre-eminent currency for fixed-income products such as corporate bonds in Asia, a sector it used to dominate…" said the story. The dollar itself fell to record lows against practically everything – notably, the pound, the euro, and oil. And if the Fed cuts rates again in December – which is given a 90% probability by the futures market – the dollar will fall further…and prices will continue to go up.
But, while the right hand pumps, the left knocks a hole in the bucket. Week after week, more losses are announced. The latest tally by Goldman Sachs estimates total losses at $400 billion from the subprime debacle, with a total of $2 trillion of cash and credit sucked out of the financial system.
Which hand will do the most damage? We don't know. Probably both of them will smack us sooner or later.
Friday, November 23, 2007
Hubbert's Peak
What is Hubbert’s Peak? Hubbert’s peak is a theory posits that for any given geographical area, from an individual oil field to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil. Well what does that mean?
It mean that oil production over time is in the shape of bell and once it reaches the peak or top of the bell it is all downhill from there. Well what does that mean?. After Peak Oil, according to the Hubbert Peak Theory, the rate of oil production on Earth will enter a terminal decline.
When will our oil peak? Some suggest that it has already happened. A good indicator that we may have reached peak oil can be seen just by looking out the window of your speeding car as you pass the gas station.
In a paper presented to the American Petroleum Institute in 1956, Hubbert predicted that production of oil from conventional sources would peak in the continental United States around 1965-1970. He was correct. Hubbert further predicted a worldwide peak at "about half a century" from publication and approximately 12 gigabarrels (GB) a year in magnitude. In a 1976 TV interview Hubbert added that the actions of OPEC might flatten the global production curve but this would only delay the peak for perhaps 10 years.
This is an oversimplification of things, but enough information for the purpose of this article. I want to talk about the various things which could happen if indeed we have reached peak and and are on the declining edge of the curve.
Our industrial societies and our financial systems were built on the assumption of continual growth – growth based on ever more readily available cheap fossil fuels. Oil in particular is the most convenient and multi-purposed of these fossil fuels. Oil currently accounts for about 43% of the world’s total fuel consumption , and 95% of global energy used for transportation . Oil and gas are feedstocks for plastics, paints, pharmaceuticals, fertilizers, electronic components, tires and much more. Oil is so important that the peak will have vast implications across the realms of war and geopolitics, medicine, culture, transport and trade, economic stability and food production. Significantly, for every one joule of food consumed in the United States, around 10 joules of fossil fuel energy have been used to produce it.
The fuel pump is not the only place you will feel the pinch. In fact you have already started to see the cascading effects. They are gradual so it is hard to see them unless they are pointed out. You probably have noticed a rise in the amount that you are paying for the same amount of food that you buy every week. If you have recently had a service person out to your home you may have noticed a “fuel surcharge” on the invoice you were presented. At some point this increase will be seen in every bill that you pay, and every item that you purchas.
You may have already started to compensate for these added expenses by cutting down on how many times you eat out or how many luxury items you buy. That plasma TV you were going to buy has been put off for awhile or at least until this whole oil thing blows over. It is not going to blow over and at some point you might have to choose between putting gas in your car or food in the mouths of your children.
There will be gas shortages, and rationing. At some point you will not be able to get gas at all. How will you get to work? Do you think your mortgage company is going to feel bad for you and just let that mortgage payment slide? Probably not, and at some point you lose your home and either move in with family or end up on the streets.
The proliferation of petroleum in the products we use for everyday life is staggering. You may not have to worry about being homeless long when you die of a nasty cold or other medical problem. Just add up home many of the medical products we use daily have some petroleum related product in the production, transfer, or storage of that item.
“Well it is not my problem because our leaders will take care of it, and are probably working on a fix as I waste my time reading this crap.”
I hate to be the bearer of bad news but it is your problem, and the leaders are not taking care of it. They are not taking care of it because this will not affect the elite of this country. They can afford to pay $10 a gallon of gas. Ask yourself, how long would I be able to handle that? When there are pharmaceutical shortages for vaccines and medicine you better bet the leaders of this country and the elite will be taken care of. When your son or daughter gets pneumonia and is drowning to death in snot it will be your problem.
The fix that your government is working on right now is just another problem. Next time, Ethanol.
It mean that oil production over time is in the shape of bell and once it reaches the peak or top of the bell it is all downhill from there. Well what does that mean?. After Peak Oil, according to the Hubbert Peak Theory, the rate of oil production on Earth will enter a terminal decline.
When will our oil peak? Some suggest that it has already happened. A good indicator that we may have reached peak oil can be seen just by looking out the window of your speeding car as you pass the gas station.
In a paper presented to the American Petroleum Institute in 1956, Hubbert predicted that production of oil from conventional sources would peak in the continental United States around 1965-1970. He was correct. Hubbert further predicted a worldwide peak at "about half a century" from publication and approximately 12 gigabarrels (GB) a year in magnitude. In a 1976 TV interview Hubbert added that the actions of OPEC might flatten the global production curve but this would only delay the peak for perhaps 10 years.
This is an oversimplification of things, but enough information for the purpose of this article. I want to talk about the various things which could happen if indeed we have reached peak and and are on the declining edge of the curve.
Our industrial societies and our financial systems were built on the assumption of continual growth – growth based on ever more readily available cheap fossil fuels. Oil in particular is the most convenient and multi-purposed of these fossil fuels. Oil currently accounts for about 43% of the world’s total fuel consumption , and 95% of global energy used for transportation . Oil and gas are feedstocks for plastics, paints, pharmaceuticals, fertilizers, electronic components, tires and much more. Oil is so important that the peak will have vast implications across the realms of war and geopolitics, medicine, culture, transport and trade, economic stability and food production. Significantly, for every one joule of food consumed in the United States, around 10 joules of fossil fuel energy have been used to produce it.
The fuel pump is not the only place you will feel the pinch. In fact you have already started to see the cascading effects. They are gradual so it is hard to see them unless they are pointed out. You probably have noticed a rise in the amount that you are paying for the same amount of food that you buy every week. If you have recently had a service person out to your home you may have noticed a “fuel surcharge” on the invoice you were presented. At some point this increase will be seen in every bill that you pay, and every item that you purchas.
You may have already started to compensate for these added expenses by cutting down on how many times you eat out or how many luxury items you buy. That plasma TV you were going to buy has been put off for awhile or at least until this whole oil thing blows over. It is not going to blow over and at some point you might have to choose between putting gas in your car or food in the mouths of your children.
There will be gas shortages, and rationing. At some point you will not be able to get gas at all. How will you get to work? Do you think your mortgage company is going to feel bad for you and just let that mortgage payment slide? Probably not, and at some point you lose your home and either move in with family or end up on the streets.
The proliferation of petroleum in the products we use for everyday life is staggering. You may not have to worry about being homeless long when you die of a nasty cold or other medical problem. Just add up home many of the medical products we use daily have some petroleum related product in the production, transfer, or storage of that item.
“Well it is not my problem because our leaders will take care of it, and are probably working on a fix as I waste my time reading this crap.”
I hate to be the bearer of bad news but it is your problem, and the leaders are not taking care of it. They are not taking care of it because this will not affect the elite of this country. They can afford to pay $10 a gallon of gas. Ask yourself, how long would I be able to handle that? When there are pharmaceutical shortages for vaccines and medicine you better bet the leaders of this country and the elite will be taken care of. When your son or daughter gets pneumonia and is drowning to death in snot it will be your problem.
The fix that your government is working on right now is just another problem. Next time, Ethanol.
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