Skip to main content

Time to Vote. But do you know what you're voting for?

(Note: This is not a political blog. But politics do affect economics and personal finance. And voting is both a responsibility and duty. This is a brief summary of what I think are some of the differences are right now between our two parties, from some fairly extensive research on my part. But don't take my word on it. Do your own research on the issues. Just for the record, I'm neither a registered Republican or Democrat, since you don't do that in Texas. I tend toward Libertarian views anyway).

Your Money
When House Minority Leader Nancy Pelosi, D-Calif., said that bonuses stimulated by President Trump’s tax cut were “crumbs” she meant it. And item No. 1 on the Democrats’ agenda will be to repeal the Tax Cuts and Jobs Act. For the 90 percent of Americans who have seen more money in their pockets this year because of tax reform, kiss it goodbye. Republicans want to make the tax changes permanent. However, neither party problem seems to not have the courage to attack run-away government spending, which is a problem. And it will get worse as time goes on. 

Economic growth
One of the first things President Trump did to stimulate the economy was to remove harmful regulations that left our small banks, energy companies and other small and medium businesses treading water to stay afloat, if they had not already drowned. Democrats have admitted that they’ll bring back the regulations President Trump removed. 

National Defense
This is one of the most, if not the most, important obligations of the federal government. It's been my experience after serving 25 years in the military (1971-1996), and through study of history, that during the last 45 years, Democrats have weakened military capability, Republicans have strengthened it. But we also don't need to nation-build or be the world's police force, either. 

Heath Care
Overall, the Affordable Care Act did not help the majority of Americans. For some people, yes. But as I watched my co-worker's premiums go up and up, some losing their insurance plans and doctors, it became quite evident this was bad law based on lies. We need to throw it out and start over. But the Democrats can't or won't, and the Republicans don't have the courage. The goal for the Democrats is a system like the UK or Canada, a government-run, single-payer system. No choices. Do some research on those programs. Do you want your health care to be run like the VA? 

Secure borders and immigration
This is easy. Democrats: Open borders, sanctuary cities, benefits for all, do away with ICE. Pretty much a free for all.  Republicans: Control the borders and reform our broken immigration system. Deport criminals. Don't believe all the propaganda from either party on this issue. A nation without borders or rule-of-law will no longer be a nation. Maybe that's what you want. But I don't think so. 

Our voices on social media and freedom of speech
In 2016 a bill was introduced in the California legislature making it a crime to "deceive or mislead" the public on the risks of climate change. In other words, if you disagree with the current politically-correct belief system, or are a skeptic about climate change, you can be prosecuted and/or sued. Fortunately, saner heads prevailed and the bill died, but just the thought of it should scare the shit out of you. California is run by Democrats. 

Time and time again, we’ve seen Democrats defend censorship on social media platforms. They side with the likes of Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey, who believe that the First Amendment only applies as far as they see fit. Our ability to engage in public discourse on online social media platforms will be restricted by their restrictive set of rules.

And on and on it goes
There are other issues you should investigate, like gun rights, progress for peace, and the stability of government. Democrats have been talking about impeaching Trump if they take control of the Senate and House. After more than two years of investigations, there is still nothing found. This would make our government even less effective in solving real problems. 

I can't (and won't) tell you how to vote, but be informed. Don't be like 47 percent of college students who don't even know how long the terms are for Senators and Representatives.


Popular posts from this blog

What happened when a Trump Supporter Challenged Me About the Wall

Vicky Alvear Schecter wrote in Medium | Poltics on Dec. 27, 2018 using her headline above. I thought it was pretty well written -- at least she made an attempt to keep her liberal bias out of it -- regardless of a few illogical fallacies

But she does make an attempt, in an effort to avoid her liberal bias, as she ponders  " order not to be accused by bias, I explained that I would only use conservative sources to prove my point."

To me, that's bias to start out with that premise. And I believe her premise is that she is against the wall. That's her stance. But she makes some good points, but some are skewed, even though she attempt to take a "conservative" approach, even by citing some "conservative" sources in her footnotes.

Here's the first problem: if she wanted to avoid bias, why not just stick to the the historical facts as written (when you can find them without bias), and not concern oneself with bias. "I must reject that becau…

Weekly wrap for Nov 9

After Thursday and Friday, it might seem the markets are down, but the weekly numbers tell a different story, with the three major indices up for the week. The Nasdaq, with its tech exposure, had the smallest increase. The tech sector is obviously under recent pressure. 

IndexNov 2Nov 9+/-%S&P 5002,723.062,781.01+ 57.95+ 2.12%Nasdaq7,356.997,406.90+ 49.91+ 0.67%DOW 3025,270.8325,989.30+ 718.47+ 2.84%
Over the last 12 months, the Dow is up 10.77 percent, the SP 500 up 7.6 percent, and the Nasdaq up 9.7 percent.  

The weekly chart of the SPY still indicates a long position in the broader market. (The blue line is the 34-week moving average; the red is the 13-week moving average).

While the U.S. economy still seems to be just fine from most reports, investors seemed to worry about a couple of things on Thursday and Friday: 1) The Eurozone, 2) trade with China, and 3) the Fed and interest rates. Another topic of interest has been oil. 

First, it seems that the Fed has really not indicated …

U.S. Top Oil Producer, Thanks to Obama

\ You read that right.

The U.S. is now the largest oil producer in the world, according to the EIA, producing some 15 million BOE per day, surpassing Russia and Saudi Arabia. (Remember back when Jimmy Carter said in 1979 the answer to our energy problems was to wear a warmer sweater...but you probably don't. He actually said this on national TV).

The United States is the top oil-producing country in the world, with an average of 14.86 million b/d, which accounts for 15.3% of the world's production. This is down from 15.12 million b/d in 2015, but it was enough to land the United States in the No. 1 spot, which it has held for the past four years running. (Source: Investopedia.)

Guess who takes credit for it? Granted, this increase in production began in 2012, but only because of private industry and the fact that the price of oil was at nearly all-time highs. And it dipped in 2016 because of Obama's anti-oil policies! 

But here he is again

Former President Barack Obama sure l…