Posts tagged ‘Great Recession’

June 13, 2013

Home Foreclosures Up, County Makes Bold Move to Spur Jobs

by lewwaters

Depression 2As Democrats still smarting from the overwhelming defeat of Clark County Commissioner Marc Boldt last year bellyache at bold moves made by the conservative majority on the Commission to spur some job growth, the Lazy C runs an article informing us that home foreclosures in our County have increased 65%.

Obviously, what was tried by the former Democrat majority over the last four years was not working as more and more we see middle class families losing their homes as they cannot afford to make their mortgage payments.

The Lazy C has been trying to paint a rosy picture of our local economy for some time, telling us home values are increasing, new home building is increasing, foreclosures were down and how the County is on the mend.

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November 6, 2011

Milton Friedman Sets Liberal Straight On “Too Many Millionaires”

by lewwaters

From a 1979 Donahue Show, economist Milton Friedman sets a liberal woman straight on the same argument fronted today by the Occupy Anything But a Bar of Soap crowd envious of other peoples success.

Isn’t odd to see the same arguments and desperation people had under Jimmy Carter coming back up under Barack Obama?

Ronald Reagan led us out of the last mess. Who is there to do it today?

May 24, 2011

Let the Day After Memorial Day Be the Beginning of the Summer of Recovery

by lewwaters

Once again, Memorial Day, a day that has been set aside to pay homage to those who have fallen in service to our country and have given us the freedoms and liberties we enjoy with the sacrifice of their lives is upon us. Some communities may still hold parades; most all will hold some sort of ceremony to honor our fallen.

Like the last couple Memorial Days, this one will be held under the shadow of not only an ongoing war, but a deeply depressed economy and divided nation. Politicians, many of whom have gotten us into this mess, will undoubtedly step forward and make their speeches and no doubt, some will take advantage of the day to score a few political points.

But, who will actually take the bull by the horns and do what is needed to correct this elongated Great Recession we remain in?

As well as being a day to honor our fallen heroes, Memorial Day is also considered the official kick-off to the summer, where people across the country will go on vacation, visit relatives and friends far distances from them and get out and enjoy the countryside as much as they may.

With gas breaking $4.00 a gallon, unemployment still riding high, taxes going up all over, business still failing and the dark mood of the nation because of it, many less trips will be taken than was just a few years ago. Ultimately, that will result in making the situation worse as even less tax revenues from summer purchases will be made.

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February 22, 2011

We Were Warned on Public Unions

by lewwaters

As the economy continues sliding deeper into the morass we have seen the last years, few can say they haven’t also noticed the friction with public employee unions, especially in regards to the militancy on display in Wisconsin over Governor Walker’s stand in regards to the unions.

Locally, in Clark County Washington, a much lesser degree of friction has been seen with public employee unions negotiating their new contracts, with citizens already struggling calling upon the unions to accept paying more of their health insurance premiums and some even suggesting a pay cut, commensurate with that the private sector has been hit with.

While there have been some small concessions on their part, nowhere near to the degree private sector employees have faced, there are still demands for wage increases, less working hours, more vacation time and such.

Needless to say, this isn’t setting well with much of the private sector.

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December 15, 2010

$932,000 for Oregon State Investment Officers’ Bonuses?

by lewwaters

On the heels of the outrageous news of Clark County Commissioners set to receive wage increases and car allowance increases, we see the Oregon Treasury “seeking $932,000 from the Legislature’s Emergency Board to cover bonuses for 14 investment officers who oversee the state’s pension fund assets.”

Oregon is hovering near 10% unemployment and other state workers face layoffs, furloughs and benefit cuts.

The investment officers wages currently range from “$114,000 to $258,000, averaging $163,000.” The “performance-based” bonuses averaged $45,000.

Sen. Doug Whitsett, R-Klamath Falls expressed concern “that the pension fund has lost billions during the past three years but the state is still handing out bonuses based on five-year returns.”

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September 21, 2010

Who Is Supporting Jobs? HINT: It Isn’t The Government

by lewwaters

Economists might come out now and try to fool the American public that the “Great Recession” ended over a year ago, but with some of the highest unemployment seen in my lifetime, it is obvious we are anything but recovered.

Politicians running to stay in office or challengers wishing to replace them are all speaking of jobs, but what is actually being done? Not much, other than calls from conservatives to get government out of the way to let private industry create much needed jobs.

Industry is ready to create jobs for us and have been blocked by government, especially when it comes to hundreds of thousands of jobs in the petroleum industry and millions more related in supportive industries.

In spite of all of the calls to do away with petroleum right now from wacko environmentalists and other leftist kooks, we remain heavily dependent upon petroleum for energy needs and much more. Alternative fuels just haven’t yet been perfected to supply our needs in as economical a manner as does petroleum.

And still, government continues to turn a blind eye not only to our energy needs, but to the critical need of putting Americans back to work.

The American Petroleum Institute recently took a “bull by the horns” attitude and carried out a series of Rallies for Jobs in several states concerned over lost jobs by petroleum drilling moratoriums and drilling bans.

While primarily directed at jobs drilling for oil, it cannot be forgotten that several other job creating industries benefit from getting our petroleum industries back to work. Auto mechanics, restaurants, auto supplies, clothing manufacturers, you name it. Almost all industry somehow benefits when we have the petroleum industry working, either directly or indirectly in some supportive capacity.

Several people were able to attend and speak out for jobs at the rallies, but they were unable to be in every city. To that end, the American Petroleum Institute has now began the National Virtual Rally for Jobs where you are invited to stop by and leave a short message on why jobs are so important to us.

You do not need to be directly connected to the oil and gas industry as increased jobs in that sector can only spread to increased jobs in other sectors in support of them and begin getting us back to work, earning decent salaries to feed, clothe and care for our families.

Along with us returning to work comes revenue growth to the treasury to fund the current bills government is raising taxes to pay for, eliminating the need to raise taxes, which ends up only costing more jobs to disappear.

The demonizing of the oil and gas industry and subsequent lost jobs, numbering hundred of thousands, if not millions is getting old. So called “Green Energy” is years away from being perfected into a substantial alternative and even then, it ends up eliminating more jobs than it save, as has been discovered by Spain when they commissioned a study and discovered they were losing two jobs to every one being created.

Bottom line, we need jobs. We cannot afford to have so many people jobless for so long with no plans to allow the private sector to create them. Without those private sector jobs, the jobs government speaks of to rebuild infrastructure cannot be paid for. Tax dollars must be brought in to pay for those and those taxes must come from the private sector if they are to be paid for.

Visit the the National Virtual Rally for Jobs and leave your message telling government, regardless of which party, we are fed up with being out of work. We do not want hand outs, just the ability to work to care for our families.

Contact your representatives and urge them to end the moratorium on oil drilling and drilling our own known oil reserves within our own country now.

Americans working together, rebuilding our own oil industry is not only good for job creation; it is the only viable way to end our dependence on foreign oil.

We will still perfect alternative energy sources and the free market will invent viable “Green Energy” sources. But in the meantime, we need jobs and the Oil and Gas Industry is sitting on hundreds of thousands of them that the government has long blocked.

It is time the government got the hell out of our way.