Author says America and Her Allies Should Learn from the Past as More Soldiers are Kidnapped in Iraq
Mark Kozak-Holland, author of the popular Lessons from History series of books, says that there are important lessons to be learned from the lives of Allied prisoners of war (POWs) from the Second World War; especially, their state of mind, spirit, and resilience. In "The Great Escape" episode, Allied POWs escaped from a seemingly escape-proof prison camp by using their ingenuity, maintaining their morale, and never losing hope -- a message of hope and encouragement for our soldiers and support workers who are kidnapped from time to time in Iraq, Afghanistan, and elsewhere.
The Little-Known Speechwriting Secrets That Won George W Bush The US Election
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Media and the Iraq War, Some Random Thoughts Indeed 2001
Here are some miscellaneous thoughts on issues many of which are opinion and should be looked at as such, some are not even my opinion but opinions of people I have talked with and wished to pass on. The first item I wish to discuss is the World News reporting which is anti-American.
Indiana BMX Team Takes Home Another Championship
Wallace BMX Team wins another championship.
Robert E Cook Honors College at Indiana University of Pennsylvania -- Rising Leaders
The Robert E Cook Honors College at Indiana University of Pennsylvania is an environment that fosters leadership and growth in all areas of society; humanitarian, political, religious, athletics, and many more.
Jupiter, Fla. (PRWEB) February 28, 2007 - Martin Weiss, Ph.D. examines the affects of a Democrat administration on an already falling dollar. In this issue of Money and Markets, Dr. Weiss discusses what could happen to investments if the Democrats win the presidency.
"When overseas investors decide which country to invest in, politics is often more important than economics. They will seek to put their money in the countries that display less political uncertainty. They will look for a well-defined fiscal policy, a positive trade policy and an inviting regulatory policy. Political troubles abroad are already factored into their investment allocations. Political troubles in the U.S. are just beginning to become a factor," says Martin Weiss, Ph.D.
Historically, nearly all presidential candidates pander to their political bases in the early stages of the campaign. Once nominated, they try to convince the rest of the voters that they are not as extreme as they appear. Then, when in office, they often flip-flop again, leaning back toward their political base.
Right now, none among the current crop of leading Democratic contenders is running as a "new Democrat" moderate in the mold of Bill Clinton. They sound more like old Democrats, in the mold of a Lyndon Johnson or Jimmy Carter in office. They want to raise taxes, boost government spending, and strengthen government regulation. Before they follow in the footsteps of a Bill Clinton, they want to reverse the course taken by George Bush.
And this analysis is based on four of the most widely respected business, taxpayer and shareholder organizations in the country: Citizens Against Government Waste (CAGW), The U.S. Chamber of Commerce, The National Taxpayers Union (NTU), and The American Shareholders Association.
Even if some of these organizations have a partisan tilt, their data and analysis cannot be overlook their. Nor can the likely consequences of a Democrat-controlled government:
Higher taxes: During the Carter Administration, the top federal income tax rate was 70%. During the Bill Clinton Administration, the top rate went from 31% to 39% -- where it has remained ever since.
More regulation: According to a report by the Small Business Administration, the burden that government regulation puts on the economy has already reached $1.1 trillion in 2004 -- or $10,172 per American household. In a democrat-controlled government, expect even more. Result: Businesses are leaving the country for friendlier, less Big Brother-like shores -- or not coming here in the first place.
More government spending: On February 6, President Bush submitted his new $2.9 trillion budget to Congress, and Democrat leaders immediately denounced it for spending too much on Iraq and not enough on key social programs.
A week earlier, House leaders approved a $463 billion spending plan for the remainder of the fiscal year that froze some federal agencies at 2006 levels. But they included increased spending for veterans' health, education, scientific research, HIV programs and public parks, among other things.
Even bigger deficits: The structural deficits created by government entitlement programs -- Social Security, Medicare and Medicaid -- will create massive new deficits in the future, regardless of which party is in control. Meanwhile, many Democrats have pledged not only to ensure no cuts or means-testing are introduced in these programs, but also to expand them and create new entitlements. That's why spending on entitlement programs is increasing rapidly -- from 40% of total government expenditures today to an expected 80% by 2030.
Higher U.S. inflation: Over the past 50 years, which political party controls the White House has generally made little difference in the ups and downs of inflation. The big, outstanding exception: The Carter years. That's when the inflation rate hit a postwar high of 13.5%. And that's when the U.S. dollar was in the gravest long-term danger. Even a modest slant in that direction can only hasten the decline in the dollar ... drive more investors to pull out of the U.S. ... and give foreign stock markets an even greater advantage over ours.
"It's still OK to keep a reserve of cash in U.S. Treasury bills. But continue to reinforce holdings in investments designed to rise with the dollar's decline -- based on gold, natural resources and the best-performing foreign stock markets," advises Dr. Weiss.
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About DR. MARTIN WEISS & MONEY AND MARKETS
Money and Markets (www.moneyandmarkets.com) is a free daily investment newsletter from Dr. Martin Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Weiss Research, Inc. is located in Jupiter, Florida. For more information about our editors, or to set up an interview, please contact Jennifer Moran at 561-627-3300 or visit www.moneyandmarkets.com.
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