Leonard Abess Jr.
The Jewish banker who gave away $60 million of his own money
It is February 24, 2009 and Leonard Abess Jr. is seated beside Michelle Obama in the gallery of the Chamber of the United States House of Representatives, the guest of the First Lady, as her husband, President Barack Obama addresses a joint session of Congress in a nationally televised speech. The members of Congress, the Joint Chiefs of Staff, the sitting Justices of the Supreme Court of the United States rise, face Abess and break out into admiring applause. They have just heard President Obama say:
Categories: Uncategorized Tags: DIY
An Indianapolis doctor's letter to Sen. Bayh about the Bill (Note: Dr. Stephen E. Frazer, MD practices as an anesthesiologist in Indianapolis, IN)
Here is a letter I sent to Senator Bayh. Feel free to copy it and send it around to all other representatives. - - Stephen Fraser
July 23, 2009
Senator Bayh,
As a practicing physician I have major concerns with the health care bill before Congress. I actually have read the bill and am shocked by the brazenness of the government's proposed involvement in the patient-physician relationship. The very idea that the government will dictate and ration patient care is dangerous and certainly not helpful in designing a health care system that works for all. Every physician I work with agrees that we need to fix our health care system, but the proposed bills currently making their way through congress will be a disaster if passed. Read more…
As soon as the Democrats manage to get their tax increases on the books, I'm going to take steps to make sure that my family isn't affected. When you own the business that is what you're allowed to do. I built this business over a period of 23 years, and I'm not going to see my family suffer because we have a president and a congress who think that wealth is distributed rather than earned. Any additional taxes, of whatever description, that President Obama and the Democrats inflict on this business will come straight out of any funds I have set aside for expansion or pay and benefit increases. Any plans I might have had to hire additional employees for new stores will be put aside. Any plans for raises for the people I now have working for me will be shelved. Year-end bonuses might well be eliminated. That may sound rough, but that's the reality. Read more…
Categories: Uncategorized Tags: history
By Peter Schiff
Saturday, October 24, 2009 at 12:04pm
For the most part, the value of the dollar is given cursory attention by the financial media. Typically, its movements are assigned an importance on par with much less determinative metrics such as natural gas futures and construction permits. It's only when major milestones are reached that anyone really takes notice of the dollar. We are living through one of those times.
The great dollar rally of 2008-2009 has come full circle. When the financial crisis exploded in its full ugliness in mid-2008, the dollar, which had steadily declined over the previous four to five years, put in a rally for the record books. By March 2009, as investors across the world sought safety from the financial storm, the index had surged more than 25%. Since then, the dollar has steadily declined to the point where nearly all those gains have vanished. In short, the panic rally has given way to the long term trend.
So, as the dollar index makes fresh 52-week lows on a nearly daily basis, discussion on the greenback is heating up. And while real insight on the topic is hard to find, the debate centers on the battle between two conventional opinions
Categories: Uncategorized Tags: history