Posts Tagged ‘consumers’

The House passed the American Clean Energy and Security Act of 2009 by a narrow margin on Friday as the attention of both the nation and the world was turning from the abuse of the Iranian regime to the death of the King of Pop Michael Jackson. The bill which is a cornerstone of the Obama progressive agenda required the votes of 8 Republicans to vote in favor of the bill as 44 Democrats voted against it with a final tally of 219 to 212 for HR 2454.

This legislation should it become law will impose e clean energy tax upon the American Public that will amount to the single highest tax increase ever impose upon American tax payers. Given the narrow margin of passage in the House it is increasingly doubtful though that this bill will pass the Senate despite the urgent pleadings of Barack Obama.

The bill, which proposes its will on every aspect of American life and will create a bureaucratic nightmare, will also cost this nation millions of jobs more then the mythical Green  jobs it purports to create. Nancy Pelosi called it transformational legislation while doing Obama’s bidding and she is indeed correct. It is transformational in that it moves America further away from a free enterprise based economy toward the central planning models of the totalitarian economic models that failed in the twentieth century.

Americans may fight back against the tide of environmental and progressive fascism by contacting their representatives in the Senate and urging them to vote no on this bill when it comes before the Senate this fall. The nation may have been distracted when the House voted but we must wake up and act before this legislation is allowed to further cripple our economy.

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The American Clean Energy And Security Act Of 2009 is currently being debated in the House and will be coming to a vote on the floor as early as this coming Friday. Ceo4aday has written extensively about the green movement and the progressive fascists within the environmental  movement that are intent upon imposing their will upon a nation that can ill afford the luxury of Global Warming.

At a time when unemployment in America is nearing 10% the Waxman-Markey sponsored bill proposes to create a new bureaucracy that will effect the most restrictive policies on American consumers and businesses ever conceived. These proposals which will affect nearly every aspect of American life from the cars we drive to the homes we elect to live in to the light we choose to read by.

Our Supreme Leader Barack Obama is intent on completing the transformation of America from a capitalist based economy in which a free enterprise system exists to allow all individuals to participate in their own entrepreneurial endeavor should they so choose to a progressive socialist system modeled as a Eurotopian dream in which the central government will determine who participates in wealth creation and dream attainment.

The global warming legislation which is contained within the American Clean Energy And Security Act Of 2009 as the Safe Climate Act, is legislation designed to pander to the far left. Numerous administration agencies will be created to execute the legislation to safeguard the progressive agenda and restrict the freedoms of individuals.

We are a strong proponent of environmental stwardship however, environmentalism run amok as evidenced by this bill will lead to further economic hardship for millions of Americans by impairing the ability of American based companies to compete across the Globe, leading to increased unemployment and higher costs for all consumers.

Now is the time to reach out to your elected representatives in Congress and remind them that sound environmental stewardship should not and does not need to lead to a lower quality of life amid a further burdened economy.

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The attempts by the left in Congress and the progressives in the Obama administration to transform America as we have known it are limitless. Barack Obama continues to promote his progressive agenda and Congress approves spending at stratospheric levels to satisfy Obama’s commitments to the special interests that he is indebted to for supporting his campaign and subsequent election.

The union leaders and the stewards of environmental fascism that fund the progressive agenda, have their President in the White House and are optimizing his position and current favorability to transform America into a Eurotopian nation state in which traditional American goals and objectives are secondary to broader global concerns.

The progressives in Congress and the White House are committed to extending the reach of Government into every element of our lives including our diet. A hallmark of progressive fascism is the good intent of the leaders in caring for the masses while restricting personal freedoms for the benefit of the greater good. The charismatic progressive leader states his case in a methodical and logical manner to the public in platitude filled speeches among grandiose settings.

Hence, the government creates a tax on sweet products such as carbonated beverages like Coke and Pepsi to fund health care while funding research on obesity and gradually expanding the tax to other food and beverage items that are deemed as inefficient nutrient providers or contributors to health concerns such as candy and snack items. Legislation is currently being discussed by the Senate Finance committee on a so called fat tax that would also address products with a high salt content.

The ability for millions of Americans to enjoy the simplest of sweets or snacks will become increasingly costly as groups such as the Center for Science in the Public Interest continue to promote their agenda to restrict American diets to what they believe are the right food and beverages for Americans to consume.

Oppressive taxes, fewer personal liberties, government intervention as a result of policies that promote class warfare and direct the redistribution of wealth are all indicators of an America in transformation. As our nation evolves under the current progressive leadership of Barack Obama and we slim down to be able to squeeze into our government produced electric powered mini cars we may take solace that our diet is being monitored by the President’s Council for Dietary Requirements and Nutritional Optimization to assure that foods that we merely derive pleasure from are properly taxed with the appropriate amount of guilt to temper our palate.

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President Barack Obama spoke to the Business Roundtable today. He didn’t actually speak to them, he gave a formal address in which he defended the 2010 budget that he has proposedand has been viewed as “radical” and “socialist” in its attempt at social engineering and the redistribution of wealth. The President’s delivery was at times flat and monotonous. There were moments when he attempted passion in his delivery however, again the reliance by the President on the teleprompters prevents him from connecting with his audience and may serve to diminish his message.

During a Q&A period the President came across as receptive to contributions from the business community,  including suggesting that reducing Corporate tax rates in the future would be a topic of interest to he and his administration in exchange for eliminating loopholes that may exist in the current tax code. The President is clearly less comfortable and his responses are more hesitant and less confident, when he is speaking off script, even to the point that in one response he noted that he was “speaking of the top of his head” as he sought words that simply weren’t arriving quickly enough.

This President has much to learn and Ceo4aday believes that the the opportunity for the President to interface with the business community is a practice we support wholeheartedly. We also believe that the President should be encouraged to step out of his comfort zone and speak more directly to the American people to test his mettle as a leader and alter the perception that he can only deliver a message that is well scripted.

By stepping out as the President did today at the Business Roundtable he can provide a level of confidence to an economy that is surely in need of it. The markets have seen a rally over the past three days as the President and his administration can enhance simply by listening to and speaking with his constituency in a more positive and encouraging manner.

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President Barack Obama is sacrificing prosperity to promote his social welfare agenda. His zeal for wealth distribution, has led him along a path toward wealth depletion. The Obama administration has demonstrated an unmatched ineptness at governing by failing to understand the relationship between productive and robust markets and other components of the economy, including housing and consumer confidence.

When the stock market is generating positive returns for investors, it provides a sense of security, both financial and psychological for investors, that instills confidence and enables them to spend comfortably, knowing that their investments are growing and will be there to provide for the future. As the market fell through the fall, approaching the 2008 election, the correlation with consumer spending and confidence was evident.

The President had an opportunity to instill confidence in the markets following his election, which would have stemmed further erosion  provided much needed support for the broader economy. Then President Elect Obama, with the eyes of the world upon him chose to talk the economy down further by highlighting the economic crisis, thereby lowering expectations for his administration when they assumed power. This failure to act responsibly, compounded the economic crisis further, by leading to another market free fall and lowering consumer confidence to historic levels.

Upon assuming the Office of the Presidency, Obama again chose to emphasize the economic crisis and demonstrated his lack of concern for the stock market, by ratcheting up the concerns of an economic catastrophe to push a stimulus plan through Congress, which was filled with special interest and entitlement supports ,while ignoring stimulus for investment and private sector job creation.

Barack Obama has through his ineptness, created a depression of hope in this economy with his relentless attack on the American business community. He his derelict in his duties with respect to the implied compact the Office of the President represents to the American people. Rather than use the platform the White House represents to promote the economy, encourage business and investment he has elected to focus on social programs and fund them by raising taxes on people who have lost trillions of dollars in wealth since his election.

Barack Obama and his cohorts in Congress need to get their heads out of the sand and step up to the concerns that are plaguing the economy. Perhaps, one of Obama’s handlers should add some positive statements to the President’s teleprompter, since he appears to be capable of communicating solely by teleprompter. How refreshing it would be if the President chose to face the American people and communicate something positive about business and the economy without the continued reminder of  the deep whole we are in.

Alas, Barack Obama is an inexperrienced leader that lacks the ability to look beyond his own selfish, socialist agenda that has yet to accept accountability for his own role in the demise of this economy.

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American investors in the stock market deserve a break this week. After falling 20% in the first two months of the year it is time for the market to begin a rally. Investors are battle weary and worn down by an economic tsunami that has generated an onslaught of negative economic performance in wave after wave of disappointment.

The relief, that we believed would come from the advent of the new administration and the natural lift we expected from a new team in the White House,  failed to materialize and they actually heightened the anxiety that already existed in the markets, making a bad market even worse.

Amid calls for the President to step out and begin to instill confidence in our economy he seems to have fallen silent. An action that is certainly better than the litany of crisis and catastrophe that he reiterated day after day as he talked the crisis up and the economy down to gain additional support for the excessive spending programs he has proposed.

Barack Obama is obviously an incredibly astute and focused individual. He identified and secured the loftiest of opportunities. He has succeeded in getting elected to arguably  the most coveted position in the world and he accomplished it at a pace that few in history can match. The challenge, that confronts we the governed, is that Barack Obama never operated a business or worked in a business environment and as such comes to his understanding of economic matters through academic as opposed to practical experience.

He has learned the buzz words which any leader understands are necessary to speak confidently about a broad spectrum of issues. Obama was never construed to be a business candidate, though numerous well heeled business elitists supported his candidacy and subsequent election. However, given that he has a broad social agenda and an economy at peril it would seem prudent to gain a better understanding of business and job creation in order to create a longer term revenue stream to accommodate his ambitious spending agenda.

Obama, occasionally talks the talk of business but he has never walked the walk. He does in fact project the traditional liberal disdain toward business that those who have never had to meet a payroll or are members of the academic elite often do.

The President appears to be an excellent communicator and a quick study. His has mastered the teleprompter as well as any veteran broadcaster. Perhaps the President should put those communication skills to the test by starting an entrepreneurial express tour.  Ceo4aday believes this man who promises so much change and transparency should reach out to business by meeting with not just the Fortune 50 elite but a broader range of small and mid cap businesses across a varied group of industries to get a real sense of what generates job creation.

Spend a few hours in a conference room Mister President as a management team wrestles with attaining their budget. Sit through a Board meeting and listen to the issues that confront businesses and Boards every day. Step out Mister President and meet the Americans that devote every day to assuring that a revenue stream exists for Washington to appropriate. Learn and communicate about successes in our economy. Deliver a positive message to the American public and watch day by day as America moves forward into the dawn of emerging growth.

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 In just a few short weeks we have seen a new administration sweep into power in Washington and push through a massive stimulus bill. We have seen the reaction to the bill on Wall Street as the markets have responded by falling to a 12 year low. Our collective confidence as a nation, has been critically shaken which has served to amplify the effects of the recession around the globe.

 We have lost trillions of dollars of wealth as our investment portfolios have withered and our home values have evaporated. We are forever transformed by the shocking depths of a recession fueled by the collapse of our credit markets, well publicized individual extremes of fraud and greed, and a world worn weary from the strife and chaos thrust upon it by a terrorist fringe wrapped in the medieval robe of hyper fanaticism.

Our national psyche has been abused by a media assault that not only reports on each crisis we confront but heightens the affects of each crisis in a relentless pursuit of ratings.There seems to be no issue that we cannot make worse through constant reporting and punditry. Our quest and thirst as a nation to understand every fragment of minutiae surrounding every hyped story seems boundless.

Our intellectual deposits, scattered among our individual banks, have been withdrawn by our inability, or at times our reluctance to reflect on and learn from our collective individual experiences. The institutions we have become increasingly dependant upon to provide the infrastructure that support our way of life have become relevant only by scale and have failed to placate our individual economic concerns.

It is time to stem our intellectual economic panic and focus on solutions that support our capitalist system without succumbing to the wanton path of socialism. Our path forward to normalization will continue to be fraught with economic hurdles. It will require initiative and forbearance. We must believe that in our individual pursuits we will collectively regain our footing on a path to stabilization and economic growth and that as America’s economic fortunes improve, the economies of the world will rise with the American tide.

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