Health Insurrance

Health Premiums for Feds will increase by an average of 3.4% in 2013 which is a little lower than the 3.8% increase for 2012.

Will the Debates sway the Election?

At this point those that are hardcore Democrats or Republicans will never change their minds no matter what is said.  I know people who will not vote for either party even if the devil himself was running for President.  I believe this thinking is idiotic but that is how they are.  Thus the election will come down to those like me who are Independents.  At this point I would imagine many Independent voters have probably made up their minds as well unless Obama or Romney really screw up one of the debates and causes voters to change their minds. 

What did we get for 3 Trillion spent on Iraq?

It has been estimated the Iraq War may have cost at least 3 Trillion Dollars.  Since the US has left guess what is happening.  Iran has been flying soldiers and weapons into Syria across Iraqi airspace.  Thus the US spent 3 Trillion Dollars for nothing as the powers that be in Iraq certainly look like they are now in good relations with Iran. 

Yep, All is Well in China

You didn't see this in the main stream media did you. 

http://www.debka.com/newsupdatepopup/2301/

Does anyone really want Obama or Romney

Right now neither Obama or Romney have 50% or more of the vote based on independent polling.  It's obvious many people in this country would prefer a different candidate.

War between China and Japan

Let's fact it China and Japan don't like each other.  The current Islands in dispute have vast Oil Deposits near them so that is what this dispute is all about.

For picture of the protests in China see the following link:

http://www.zerohedge.com/news/postcards-furious-china

It's all Bush's Fault

Obama is near the end of his first term in office and the Deficits keep piling up.  He is the first President in modern history to have only one month with a surplus.  Of course this was all due to Bush's policies.  Nearly 4 years after Obama has taken office the 12 Month Moving Average of Deficits (red line) is now rolling over again so I expect Trillion Dollar Yearly Deficits will be the norm if he gets reelected.

  

Teen Employment

There has been a dramatic drop in teen employment since the late 1970's.  In the late 1970's nearly 60% of all teens between 16 and 19 worked at least part time.  Recently this number has dropped to as low as 33%.  This is a staggering drop.  Thus either older people are taking the jobs that teens used to work or teens just aren't seeking work.

Moody's Finally Warns

Moody's finally gets some balls and warns US to either get the debt under control in 2013 or it will be downgraded.  See link below.

http://www.bloomberg.com/news/2012-09-11/u-s-rating-may-be-cut-by-moody-s-if-debt-to-gdp-not-reduced-1-.html

US Debt Change by President

Since 1900 here is the US Debt Change by President.  During the past decade things have really gotten out of control and this can't continue in the future or the country will implode.

Both Obama and Romney will Win

Yesterday I talked about the outdated Electoral College.  Based on current projections it's certainly possible Romney will win the Popular Vote while Obama gets voted in due to his edge in the Electoral College.

Electoral College

The Electoral College should be eliminated.   All Presidential Elections should be determined by popular vote and not determined by a few states which have a substantial number of Electoral Votes.   

Food Stamps

The number of people on Food Stamps continues to increase as 15% of the population (nearly 47 million people) receives them.  Back in 2000 the % on Food Stamps was only 6%.  If the economy is doing so well why has there been a surge in Food Stamp usage the past 4 years?

 

16 Trillion and Counting

August closed the month with just over 16 Trillion Dollars in Public Debt.  By the end of 2013 we should be well on our way to over 17 Trillion no matter who is President.  

Grid Lock

At this point no matter who is elected President they will likely have to deal with a divided Congress.  Thus expect more gridlock as we move into 2013 and beyond.   In order to remove the gridlock there will probably have to be some type of event to force them to act.  What that will be is anyone's guess, however, the kick the can down the road solution is not going to work much longer.