Sunday, October 26, 2008

Week #8, Blog #3

As of 11:20pm on 10/26/08, Fox News has reported the following as the top 5 news stories of the week:

  1. 111th Congress = More Democrats

It has been widely reported by not only Fox News but other media sources that the next Congress will feature more Democrats in both the House of Representatives and the Senate. I think that there is growing concern especially if the Democrats can get a filibuster proof majority in the Senate. If this happens and we have a Democratic controlled Congress and a liberal Democrat in the White House such as Barack Obama then we will see a drastic change in our fiscal, tax, and social policies through-out our nation.

I have heard my parents talk about what life was like the last time that the Democrats were in charge of everything and that was in 1992. During the midterm elections of 1994, the American people decided that it was time for a change and the Democrats lost control of the Congress in a landslide to the Republicans who had not been in the majority for over fifty years in the House. That was remarkable. I think that as we enter the job market we have to be concerned about economic growth during the next four years and how favorable the tax environment is to small businesses that we most likely will work for since they are the economic engine of our national economy.

2. Republican Ticket pays more for a hairdresser than a foreign policy advisor.

Current Alaska Governor and Republican Vice-Presidential running-mate Sarah Palin's, hairdresser makes more than $10,000 more than McCain's foreign policy advisor. What priorities does this show the American people? Or what does this show about what Americans value?

I think that this is sad that they must feel that they have to do this in order to attract votes. I would hope that we value something higher than hair when trying to pick who are next President is. Others have said that this is a good reason to vote for Obama since they don't pay more for a hairdresser than a foreign policy advisor.

3. Stevens case not going well...

Senator Ted Stevens (R-AK) has been with-standing trial for nearly four weeks now about if he lied on his Senate disclosure forms. I think that this is something that is a tactic of the left because they are taking away his time from campaigning in Alaska while he is engaged in a tough Senate race back home in Alaska, 3000 miles away.

I believe that they should have withheld the trial until after the election because this gave him a huge disadvantage during this Senate race.

Jurors have been dismissed now and they are calling in alternate jurors to decide his fate.

4. Kennedy already starting to stack agenda for 111th Congress

Senator Ted Kennedy (D-MA) is recovering at home from his cancer treatment but he is already planning health-care legislation for the 111th Congress. If Obama wins the White House he will have a friend that will help him move through this legislation for universal health care.

I think that universal health care would undermine our capitalistic system and will turn this country towards Socialism. I have heard this echo through other people as you walk to news or even in the Debate Watch that we had a couple weeks ago.

With this idea you take away the incentive to get ahead in your career. Some people are motivated to get more education and succeed because they will get health care. With this I feel that we are giving people a reason not to better themselves with education or career advancement. Not a good idea.

5. Dodd says Bush should nominate next Treasury Secretary.

Senator Christopher Dodd (D-CT) has said that President Bush should nominate the President-Elects Treasury Secretary in order to facilitate a seamless transition between administrations. I think that this is a good idea considering the fact that some economists will tell you that we are in a recession and it might even go deeper to classify as a depression.

When you have a new team come in to power they have to get caught up to speed with what is going on through-out the country. If President Bush already has that person in place before he leaves office then they can learn from Secretary Paulson and the Bush economic team that is already in place.

If McCain wins the White House I can see that this idea would be embraced probably because they are with the same political policy and share a fundamental belief in their economic agendas. If Obama wins I think that he will be less receptive of this idea because Obama and Bush do not share the same ideas on the economy or any other issue for that matter.

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