Very disturbing answer from a California Congressman. The United States constitution put strict limits on the Federal Government and gave most all authority to the states because they didn't want a repeat of European government.
Showing posts with label Federal Government. Show all posts
Showing posts with label Federal Government. Show all posts
Tuesday, August 3, 2010
Wednesday, February 24, 2010
Quit Spending...
We, as a nation, have an addiction to spending. I appreciate that this bill is significantly smaller than it was at first, but we need to put a freeze on spending for a time. It will temporarily hurt us all, but this spending is going to devastate us for generations if we don't stop.
from: http://www.foxnews.com/politics/2010/02/24/senate-vote-jobs-passage-likely/
WASHINGTON -- Companies that hire the unemployed would claim new tax breaks under a jobs-promoting bill the Senate passed Wednesday, delivering President Obama and Democrats a much-needed victory.
The 70-28 vote sends the bill back to the House, which passed a far more costly measure in December. Many in the House consider the Senate bill too puny, but they may simply adopt it and send it to Obama in order to get a win. Democratic leaders promise more so-called jobs bills are on the way.
The bill contain two major provisions. First, it would exempt businesses hiring the unemployed from the 6.2 percent Social Security payroll tax through December and give them an additional $1,000 credit if new workers stay on the job a full year.
Second, it would extend highway and mass transit programs through the end of the year and pump $20 billion into them in time for the spring construction season. The money would make up for lower-than-expected gasoline tax revenues.
The Senate's $35 billion proposal is a far smaller measure than the $862 billion economic stimulus bill enacted a year ago.
from: http://www.foxnews.com/politics/2010/02/24/senate-vote-jobs-passage-likely/
WASHINGTON -- Companies that hire the unemployed would claim new tax breaks under a jobs-promoting bill the Senate passed Wednesday, delivering President Obama and Democrats a much-needed victory.
The 70-28 vote sends the bill back to the House, which passed a far more costly measure in December. Many in the House consider the Senate bill too puny, but they may simply adopt it and send it to Obama in order to get a win. Democratic leaders promise more so-called jobs bills are on the way.
The bill contain two major provisions. First, it would exempt businesses hiring the unemployed from the 6.2 percent Social Security payroll tax through December and give them an additional $1,000 credit if new workers stay on the job a full year.
Second, it would extend highway and mass transit programs through the end of the year and pump $20 billion into them in time for the spring construction season. The money would make up for lower-than-expected gasoline tax revenues.
The Senate's $35 billion proposal is a far smaller measure than the $862 billion economic stimulus bill enacted a year ago.
Tuesday, January 5, 2010
Home Sales Plummet
Mark my words: this will be used as a reason for--you know it--ANOTHER multi-billion dollar stimulus package. Please make your voices heard: "This isn't working! Stop spending! You are intentionally destroying our dollar's worth!"
from: http://www.foxbusiness.com/story/markets/industries/real-estate/home-sales-plunge--november/
Pending home sales unexpectedly plunged in November, according to a report issued Tuesday by the National Association of Realtors, posting their largest drop on record after several months of positive gains for a closely-watched indicator of housing market activity.
According to the industry group, November pending home sales activity dropped by 16% to a reading of 96.0, compared with the previous month’s reading of 114.3. The drop was much larger than expected by Wall Street, which was looking for a dip of 2% for the indicator for November.
It was the largest drop, point-wise, since the industry group started the index in 2001, dragging the indicator to its lowest level since June.
from: http://www.foxbusiness.com/story/markets/industries/real-estate/home-sales-plunge--november/
Pending home sales unexpectedly plunged in November, according to a report issued Tuesday by the National Association of Realtors, posting their largest drop on record after several months of positive gains for a closely-watched indicator of housing market activity.
According to the industry group, November pending home sales activity dropped by 16% to a reading of 96.0, compared with the previous month’s reading of 114.3. The drop was much larger than expected by Wall Street, which was looking for a dip of 2% for the indicator for November.
It was the largest drop, point-wise, since the industry group started the index in 2001, dragging the indicator to its lowest level since June.
Friday, December 11, 2009
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