Political Equinox

Pork projects, discretionary spending, or whatever you want to call it, is capped at 1% of the total federal budget. Cutting 1% of the federal budget probably isn’t going to solve all our problems, so if John McCain is being elected for the purpose of cutting out pork projects that’s only going to save us $18 billion dollars.

For all the wrath pork projects receive, many of them are actually worthwhile endeavors. By cutting that spending we will be eliminating many of those grants, programs, and projects this money supports. While in the long run that probably would be a good thing for our country to cut it, I’m not convinced the problem has as large of an effect as it’s …

Tags: federal budget, John McCain, money, Pork Projects, spending

Over the past few weeks I’ve heard Barack Obama and other Democratic leaders speak out against “privatizing” Social Security. Now, I’m not sure if privatizing the program is the best way to go, I think we’ve got an awful lot more work to do with regards to that subject. But there is one thing I am sure of, these same people speaking out are railing that Republicans want to gamble with the future of Americans by putting this money into the stock market.

Investing in the stock market is absolutely not gambling. In fact, it’s not even close. Over the past one hundred years, every 10 year period in the stock market has made a positive return (even during the great …

Tags: America, Barack Obama, money, obama, republican, social security

This post is a part of Blog Action Day 2008, which attempts to change the conversation for one day to an important subject that affects our world. In 2008, that subject is poverty.

Every 3.5 Seconds…

…a person somewhere around the world dies of hunger. That adds up to more than 25,000 people every year, that like killing the entire crowd at the Wizards stadium for 2 weeks. However, hunger is not the real core problem here, it is simply the symptom. We’ve got to hit the root cause, which happens to be poverty.

There are plenty of great organizations around the world already doing this and I think it’s best left …

Tags: money, tution, web, wizards

Professor Charles Franklin from the University of Wisconsin lectured at Indiana University on Tuesday, September 30. Franklin is the Co-Director of Pollster.com, a website that tracks presidential polling and aggregates data from a variety of polling sources.

Franklin states two criteria for effective display of data on Pollster. First, the data must be “put in perspective.” You can’t spin the data attempting to turn it into som

ething that it doesn’t say. Second, there should be “No cherry picking.” Franklin emphasized that you cannot select certain polls to include in your aggregation to bias results in one direction. If you do this then you’ve eliminated the entire worth of the …

Tags: America, Barack Obama, candidate, economy, IRS, John McCain, money, obama, president, web

I’ve spent hours combing over articles in the Wall Street Journal, New York Times, CNN, and blogs. It seems to me that this Paulson Plan is pretty far from getting any sort of okay from Congress, and I honestly hope it stays that way. Purchasing all this costs way too much money when all we really need to do is get the market for this stuff moving.

Of everything I’ve read, I find the proposal of top economist, Brian Wesbury. The plan has been most promoted by Dave Ramsey, the “Get out of Debt Guy.” While I sometimes question Dave’s macroeconomic theories, I think he’s made an excellent choice in going towards Brian’s (and likely other economists’) plan.

The Revised Bailout Plan

Suspend …

Tags: Congress, money, New York Times, obama, The Caucus