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Hey, what's $100 billion dollars? It's not like we're in a ruined economy or anything. Over the past week, there have been more news stories about how congress has passed bills to spend billions of dollars than I can ever remember seeing in a strong economy. Hmm.. perhaps we should be rethinking our spending given the dire circumstance of the U.S. economy? In the meantime, let's just keep passing these bills, they sound great.
You may not be the only one that's not happy with the new administration! Really unhappy about it? You might want to consider the Obama communist t-shirt, which is sure to turn a few heads and get the point across.
Friday, June 19, 2009
Wednesday, March 4, 2009
President Obama's Address to Congress Video
In case you missed the address to congress, it's worth watching.
Thursday, February 26, 2009
Obama Saint Patrick's Day T-Shirts
Obama and Saint Patrick's Day...an unlikely combination, but one you might see more than you think on t-shirts out there! The traditional Obama campaign logo here is covered in green shamrocks in varying shades. Also availabe in mens styles, and childrens t-shirts, as well as Obama sweatshirts and hoodies. Be sure to enter the coupon code that's found at the top of every page in our store upon checkout!
Wednesday, February 25, 2009
Key Points from Obama's Speech to Congress on February 24, 2009
Noticably more uplifting than his Inaugural Address, Obama made some key points about the economic recovery and stimulus package during his speech to congress on February 24, 2009. Met with uproarious applause over and over, it was hard for Obama to get some of his words out without being pummeled with deafening praise.
Also, you'll notice Nancy Pelosi's vigorous, enthuasiastic attitude towards anything Obama had said...it was laughable, really. Yes, some great encouragement and ideas were uttered, but she sprung out of her seat at the end of every point Obama made!
Some of the notable key points of Obama's speach to congress:
"...it is only by understanding how we arrived at this moment that we'll be able to lift ourselves out of this predicament.
The fact is, our economy did not fall into decline overnight. Nor did all of our problems begin when the housing market collapsed or the stock market sank.
We have known for decades that our survival depends on finding new sources of energy, yet we import more oil today than ever before.
The cost of health care eats up more and more of our savings each year, yet we keep delaying reform.
Our children will compete for jobs in a global economy that too many of our schools do not prepare them for.
And though all of these challenges went unsolved, we still managed to spend more money and pile up more debt, both as individuals and through our government, than ever before.
In other words, we have lived through an era where too often short-term gains were prized over long-term prosperity, where we failed to look beyond the next payment, the next quarter, or the next election.
A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future."
Translation: We have overspent too long and now we're paying the price. So, we have to start thinking of practical long-term solutions instead of quick fixes.
"Because of this plan, 95 percent of working households in America will receive a tax cut, a tax cut that you will see in your paychecks beginning on April 1st."
Translation: Money in the form of a tax credit back to most everyone in the United States, but as a reduction of the monthly withholdings.
"...the flow of credit is the lifeblood of our economy. The ability to get a loan is how you finance the purchase of everything from a home to a car to a college education, how stores stock their shelves, farms buy equipment, and businesses make payroll.
But credit has stopped flowing the way it should. Too many bad loans from the housing crisis have made their way onto the books of too many banks. And with so much debt and so little confidence, these banks are now fearful of lending out any more money to households, to businesses, or even to each other.
When there's no lending, families can't afford to buy homes or cars, so businesses are forced to make layoffs. Our economy suffers even more, and credit dries up even further.
That is why this administration is moving swiftly and aggressively to break this destructive cycle, to restore confidence, and restart lending.
And we will do so in several ways. First, we are creating a new lending fund that represents the largest effort ever to help provide auto loans, college loans, and small-business loans to the consumers and entrepreneurs who keep this economy running."
Translation: Everything is a mess with our banking system, and no one can get a loan. We need to change that, because the economy relies on this system, or things will not change. I plan on changing this by encouraging our banks to give loans again through funding.
"...the average family who refinances today can save nearly $2,000 per year on their mortgage [because of the housing plan that is going to be launched]."
"This time -- this time, CEOs won't be able to use taxpayer money to pad their paychecks, or buy fancy drapes, or disappear on a private jet. Those days are over."
"It begins with energy.
We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And yet it is China that has launched the largest effort in history to make their economy energy efficient. We invented solar technology, but we've fallen behind countries like Germany and Japan in producing it. New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea.
Well, I do not accept a future where the jobs and industries of tomorrow take root beyond our borders, and I know you don't, either. It is time for America to lead again."
Translation: We need to harness clean energy to end our dependence on foreign oil, which can (and has taken part in) ruin our economy.
Earlier in the week, President Bill Clinton offered the advice/critique to President Obama about restoring confidence through his speeches, and how he thought he needed to do so. Apparently, he took the advice.
Also, you'll notice Nancy Pelosi's vigorous, enthuasiastic attitude towards anything Obama had said...it was laughable, really. Yes, some great encouragement and ideas were uttered, but she sprung out of her seat at the end of every point Obama made!
Some of the notable key points of Obama's speach to congress:
"...it is only by understanding how we arrived at this moment that we'll be able to lift ourselves out of this predicament.
The fact is, our economy did not fall into decline overnight. Nor did all of our problems begin when the housing market collapsed or the stock market sank.
We have known for decades that our survival depends on finding new sources of energy, yet we import more oil today than ever before.
The cost of health care eats up more and more of our savings each year, yet we keep delaying reform.
Our children will compete for jobs in a global economy that too many of our schools do not prepare them for.
And though all of these challenges went unsolved, we still managed to spend more money and pile up more debt, both as individuals and through our government, than ever before.
In other words, we have lived through an era where too often short-term gains were prized over long-term prosperity, where we failed to look beyond the next payment, the next quarter, or the next election.
A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future."
Translation: We have overspent too long and now we're paying the price. So, we have to start thinking of practical long-term solutions instead of quick fixes.
"Because of this plan, 95 percent of working households in America will receive a tax cut, a tax cut that you will see in your paychecks beginning on April 1st."
Translation: Money in the form of a tax credit back to most everyone in the United States, but as a reduction of the monthly withholdings.
"...the flow of credit is the lifeblood of our economy. The ability to get a loan is how you finance the purchase of everything from a home to a car to a college education, how stores stock their shelves, farms buy equipment, and businesses make payroll.
But credit has stopped flowing the way it should. Too many bad loans from the housing crisis have made their way onto the books of too many banks. And with so much debt and so little confidence, these banks are now fearful of lending out any more money to households, to businesses, or even to each other.
When there's no lending, families can't afford to buy homes or cars, so businesses are forced to make layoffs. Our economy suffers even more, and credit dries up even further.
That is why this administration is moving swiftly and aggressively to break this destructive cycle, to restore confidence, and restart lending.
And we will do so in several ways. First, we are creating a new lending fund that represents the largest effort ever to help provide auto loans, college loans, and small-business loans to the consumers and entrepreneurs who keep this economy running."
Translation: Everything is a mess with our banking system, and no one can get a loan. We need to change that, because the economy relies on this system, or things will not change. I plan on changing this by encouraging our banks to give loans again through funding.
"...the average family who refinances today can save nearly $2,000 per year on their mortgage [because of the housing plan that is going to be launched]."
"This time -- this time, CEOs won't be able to use taxpayer money to pad their paychecks, or buy fancy drapes, or disappear on a private jet. Those days are over."
"It begins with energy.
We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And yet it is China that has launched the largest effort in history to make their economy energy efficient. We invented solar technology, but we've fallen behind countries like Germany and Japan in producing it. New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea.
Well, I do not accept a future where the jobs and industries of tomorrow take root beyond our borders, and I know you don't, either. It is time for America to lead again."
Translation: We need to harness clean energy to end our dependence on foreign oil, which can (and has taken part in) ruin our economy.
Earlier in the week, President Bill Clinton offered the advice/critique to President Obama about restoring confidence through his speeches, and how he thought he needed to do so. Apparently, he took the advice.
Sunday, February 22, 2009
To Obama: We're Patient, Skeptical, and Tired.
A new video is a great represenation of some of the feelings of the American public these days: poptech.org
Here you'll see people expressing their feelings with just a single word. Some of the words are tired. Skeptical. Patient. Alive. Happy. Joyful. Angry.
What are you feeling?
My personal one that I would like to add is numbness. I'm numb to any promises that will or have been made. I just want results. The age of promises no longer exists, we just need some progression. Maybe that would fall under skeptical?
Here you'll see people expressing their feelings with just a single word. Some of the words are tired. Skeptical. Patient. Alive. Happy. Joyful. Angry.
What are you feeling?
My personal one that I would like to add is numbness. I'm numb to any promises that will or have been made. I just want results. The age of promises no longer exists, we just need some progression. Maybe that would fall under skeptical?
Saturday, February 21, 2009
Mike Huckabee on the Stimulus Package
This is a brief video on Fox News from Mike Huckabee about the wreckless nature of passing the spending bill. Is this being passed quickly before people have time to even read all of this? There is an awful lot of reading to do...how could they have had the time to go through all of this? It's pretty hard to believe. Let's hope something we all will regret isn't stuffed inside those pages. Only time will tell...
Friday, February 20, 2009
A Sign that the Economy is Recovering?
We're all looking for a sign, any sign, that the economy might be starting to recover. Are people spending more? No. Is the stock market doing well? No. Are home foreclosure rates going down? Not yet...but they might be.
Builders are building less new properties, which is actually a good thing. This could create a domino effect of sorts. When builders build less, buyers will buy foreclosed homes or homes that are in danger of being foreclosed upon. This will be a small, tiny, minute spark that could be a step in the right direction. When there are less foreclosed properties on the market, these homeowners can move on with their lives, banks can breathe a sigh of relief, we won't have to bail them out, and they'll also be spending money again.
It might not be a major sign, but it's a small sign of hope, even though the results of this happening may not be visible for months.
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