Category: Democrat


GOP Leader

Is it me..or does this feel like 2008 all over again!

Here you had the ” I have a Dream,” bold and bright Barack Obama as the eager President ready to right the wrong of the last 8 years, under the oppressive rule of the establishment.

I still remember the sight of the helicopter with President Bush taking off as not a single person in the crowd waved or shed a tear.

Everyone had such relief that the nightmare was finally over, and we had a qualified, intelligent, capable President that had a plan to turn things around and get America headed back to glory!

I remember seeing President and First lady Obama at the inauguration:

Mydreamalive.com shows one of the iconic pictures of 2009. The Inauguration Day Oath of our 44th President

To this day, I get goose bumps thinking about what this moment meant for the entire African-American race, and for America!

Now…

It has been 4 years, and I believed in my heart that more would be done to rectify the gross racist and unequal laws that remain on the books in the judicial system. I also truly believed that the corrupt and broken public educational system would finally be overhauled. I believed, that America would right the ludicrous tax code, and the top 2% would be required to pay their fair share. Finally, I believed that immigration reform would take a higher precedence and President Obama would get a chance to put pen to paper and usher in a revived policy on Immigration.

There is still much work to be done!

How in the world is Mitt Romney, Santorum, or Gingrich going to compete against the lasting legacy of President Barack Obama.

They would have to compete with the same earth shattering, America altering campaign that elected President Obama in 2008.

Perhaps it’s me, but I just don’t see it.

I don’t think that:

  1. The Economy – Which is picking up steam
  2. Contraceptive – Rush Limbaugh, need I say more
  3. War on Iran – Did someone say War??? Again????
Are enough to change the course and minds of the American people!
I don’t believe the points above compare with the agenda and priorities before mentioned.
Now, the 1000 pound guerilla in the room is obviously the religious beliefs of all (3) three GOP candidates.
Mitt Romney – Mormon
Rick Santorum – Roman Catholic
Newt Gingrich  – Lutheranism, Southern Baptist, Roman Catholic ( What????)

Will America elect a Mormon to be President of the USA? It is a question yet to be answered?

Now, Mr. Santorum and Mr. Gingrich profess that they are both Roman Catholic.

This is very interesting on so many levels! But I will not get into that right now.

Even though, Mitt Romney is leading in delegates, I think that out of the (3) three GOP candidates, Mitt Romney will have the hardest time competing against an entrenched Christian President.

I know President Obama is looking forward to debating with Mr. Romney on so many levels.

I am again taking back to 2008, when Senator McCain won the GOP and went head to head with President Obama.

I didn’t think the Republican’s had a chance then, and I don’t think either candidate will offer an America shifting ideology that will make President Obama supporters change course now!

So..Again I say, where is the real challenger?

Derrick Butler is President and CEO of Mydreamalive.com, a company dedicated to changing the negative stereotypical images if African-Americans in media, to positive more reflective images of the entire African-American community.

 

 

 

 

 

 

 

 

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The Terrible Duo

 What in the world are the Republicans drinking? You can not tell me that their line in the sand is the continued manipulation of the tax dollars by Billionaire corporations and the richest 1%. How in the world can you have a talk about deficit without revenue. Did Newt and Mitch go into a deep slumber during the President Bill Clinton years. Where their panties up their butts so tight that they missed one of the most ( If not the best!) deficit reducing years in American History. The Tax increases that Bill Clinton initiated not only reduced the deficit, and brought in 241 Billion in five years. It took both cutting of wasteful spending and revenues to turn the country around.

Now President Obama comes to the table with the Revenue and the Republicans come to the table with the Reductions, and now we have what we need to turn the country around.

I for one feel that the Holy Grail of the Democratic party – The Incredible FDR New Deal initiatives after the Great Depression should not be touched! Economists around the nation agree that Social Security is not a problem and only needs to be funded to last to the next couple generations. So I strongly disagree on putting it up as an offering to the republicans!

Do not cave in on this one.. we need the revenue and the cost cutting measures to turn the country around. For once, let both parties work together for the good of the country and not the good of their and their constituents pocket books!

Derrick Butler is Founder of My Dream Alive find out more at www.mydreamalive.com

Follow me on Twitter @DerrickButler

 

Ways to make money in a Recession

        Mydreamalive.com is all about removing the obstacles that are in your way to make your dreams come true.  I am often asked, How do you know if you are on the right road? Let me be clear that there is only one way to be sure that you are on the right road. You must be Connected to the Holy Spirit! Yes, that is the way and the only way. Once you are on the right road, you will be connect to the amazing anointing and the road will be a true road to the purpose that God has in store for you. I have often been faced in life with challenges, and these challenges usually come when I am doing what I want to do in life and not do what God wants me to do. I often get my mind straight and decide that I am going to go in a direction that doesn’t have anything to do with the purpose that God has in store for me. I get on this road, and destruction happens. Now when the destruction happens, I then get on my knees and pray, “Oh Lord, please help me out of the mess I am in.” Thank goodness that God is a forgiving and passionate God, because if he wasn’t he would have left me a long time ago because of the crazy messes I get myself into.

Salon Chairs filled with customers what a great thing!

I was recently talking to a young lady about starting a Hair Salon, and she did not know where to get started.  I told her the first thing you have to do is pray, to be sure that you are going in the right direction. Then go to http://www.domainnames.com  to find and purchase a  url that speaks to the type of salon you want. Then write a business plan that spells out what she is going to do in terms of operations, marketing, and finance. Once all those ducks were in a row then she needed to do pray again, just to be absolutely sure. In all my life I have never seen a women go without getting her hair done. I don’t care if the women did not have food in the house, or pay her cable bill, she was going to make sure she was in the shop getting her hair done. So a Hair Salon is a very good way to go. Women spend so much time with their hair, I am amused watching my wife and daughters spend hours at a time deciding on how they are going to wear their hair that DAY! Every day it is the same routine, wake up shower, dress, and spend 1 hour deciding on the right style/look of the hair. Men we have it soooo easy. We go the barber every two weeks, and until we get to the point where our wifes/lady friends tell us its time to go, we don’t even think twice about our hair.  Perhaps I should go to http://www.domainnames.com and secure www.hairmadness.com! I bet I could get a whole lot of traffic and sell hair products…lol

People, whether you ar trying to figure out if you are on the road of anointing, or deciding to open your first business. You have to commit to moving forward.

Stay in the grace of GOD and take action..and the rest will fall in the place.

Remember:

“Seek you first the kingdom of GOD, and his righteousness; and all these things shall be added to you”

Matthew 6:33

Derrick Butler is Founder/CEO of My Dream Alive Inc, the largest producer of Black History Clothing Online. Find out more at www.mydreamalive.com

One Nation Under GOD

                                                                                                                                              This has been a very trying week for me.

                                                                                                So excited about the news from President Barack Obama that Osama Bin Laden is finally dead.

I don’t usually get excited about a “Murder” because that was what it was.. but I know how GOD feels about sin and the people who continue to blasphemy his Holy name.
So I was happy that again the bad guy loses and all is right in GOD’s Universe.
Have you noticed that no matter the situation or movie the bad guys always gets it in the end!
Then the mess came out about..”Is he really Dead” and if he is DEAD then they should show the body!
I am really irritated about this whole debate.
Has anyone ever seen Hitler’s Body? Ok.. how about Attila the Hun??
We don’t even think about seeing them because guess what… they are DEAD!
Here we go again with a Republican Donald Trumpism.. where is the Birth Certificate???
Get a grip and get a clue!
Mr. Trump…where is your real hair??
Now you Trump  can spend his time on more important unsolved matters like… where the hell is Tupac and Biggie?
 
Come on people.. It is Mr. Bush that said that Hussein had weapons of mass destruction that were proven to not be there.
A war to capture Hussein for some reason, was on the way and the American public believed it hook line and sinker.
 
We have to be a people, a country that believes that the office of President will not call a press conference to make a bold face lie to the American people.
We have to be a nation that does not take this opportunity to divide the country into people who think he is dead and people who do not think he is dead..
 
why… FOR RATINGS!!
FOR   POLITICAL  ADVANTAGE!!
 
The Republicans have no one to run in 2012. They have no one that can beat President Barack Obama so here they go again with the Divisive Tactics.
The same Tactics that have worked in the past to confuse the American People.
No more.. we need answers on topics of great importance.
How about…JOBS.. EDUCATION..DEFICIT..HEATH CARE..NEW ENERGY
 
Can we all get on the same page for once.
We need answers on real problems and we need a country a leadership that can lead us into the next century.
Perhaps two parties are too much for our country??
 
I know we need to trim the Government and get the spending dow.
I know we need to raise the taxes on the rich to Clinton 2000 years.
We know those two need to happen to have a chance in making it to another generation.
In history ALL great nations fall!!
They fall because of stupidity, selfishness and Power Struggles
 
Are we going to have the same fate? Or are we finally going to create a nation that can live together in peace and harmony
Perhaps I am asking more than we are able to do.
But I have always been told, that if you ask.. you can receive..
 
WE can do this anything is possible.
 
I still believe we are an Amazing nation!
 
Derrick Butler is the Founder of My Dream Alive the largest producer of  Urban Inspirational Wear that Inspires, Motivates and Educates. Find out more at www.mydreamalive.com
Also Follow Derrick Butler on Twitter @DerrickButler
 
One Nation under GOD indivisible and justice for all
 
 

Repubicans Block Progress again

 

   Republican leaders again want to block one of the biggest ways to get out of this economic mess ( that they created!!) and keep the social programs that were instituted by the Government to be a contract with the American people.

Everyone knows that I am a huge President Barack Obama fan ( Still love saying President), and I have supported him from the start, but he needs to stand firm on this one.

I have always been told that Facts are Friends..well let’s look at some facts:

Defense      Spending     :        2000        $334.2 Billion               20004   $379.5   Billion        2008   $726.10 Billion       2011 $928.5 Billion   ( Almost a Trillion!! )

Why is Defense up  $594.30 Billion Dollars!!

Why are we looking at Social Services cuts when we have added $594.30 Billion to the Federal Budget???

Our Defense Spending is 42% of our GDP!!   Are you kidding me!

Come on.. the place is Defense.. Defense…Defense!!

In order to tackle the astronomical Deficit that our County faces.. we have to take in more revenue and decrease spending.

You do not have to be a rocket scientist to get this..

Why are the Republicans playing games. We can reduce spending on Defense and make it up slowly.. or we can take in more Revenue and take care of it faster.

Do you remember the Clinton Years?? 

We need to return the tax rates for the Rich to those years. I do not remember a person rich or poor complaining about how bad it was during those Glory YEARS!!

The top income tax rate was 39% !

We had a booming economy!  We had a $4 Trillion dollar Surplus!!

Enough said…

Derrick Butler is Founder of My Dream Alive the only Urban Inspirational Clothing line and also an Equal Education Advocate. You can follow Derrick Butler on Twitter @DerrickButler or learn more about My Dream Alive at www.mydreamalive.com

Social Security Up in Smoke

As of December 2009, of the approximately 33.5 million people receiving Social Security retirement benefits, approximately 4.4 million, or roughly 13 percent, were in the age-group 62–65. This group received retirement benefits of $54.7 billion, which represents about 11.7 percent of the aggregate Social Security retirement benefits of $468.2 paid in 2009. It is not unreasonable to assume that the closing of Social Security to new enrollees in the 62–65 age-group would achieve comparable percentage reductions in the number of people receiving Social Security retirement benefits and in the overall cost of the program. To this must be added the effect of the 25 percent reduction in the benefits of the 66–69 age-group plus the effect of the elimination of premiums for late retirement.

Above is a statement written up in a proposal that would save the country billions of dollars and ultimately change the way that Social Security is allocated.

I can only say, that my dream as an American was to work my butt off, give 100% to the company(ies) that I worked for so that I could have a safe and secure retirement. It seems that Social Security is the new target for those (Lame) politicians in capital hill. Like they don’t have enough to worry about with the (3) wars Ameria is currently fighting, the Barry Bonds Case and the Unemployment rate still hovering at 8%.   They feel that they have to attack an American Institution that was once an untouchable institution.

Now I guess that all gloves are off, and we are in an economic climate  in this country where nothing is off the table.

I some how missed the proposal that every member of congress give up 40-50% of their enormous salaries! I missed the propsal to reduce the amount of money we spend each year on wars that do not involve Amercian citizens. I missed the proposal to cut the top heavy educational system. Why do the Superintendants make $250,00+ per year and the teachers make $30,000 per year?

The Health Care for all bill was such an amazing propositon for the American people and it still is under attack, even though it was signed into law by the President Obama himself.

I for one, do not want my Social Security changed and don’t want the generations behind us to not get the opportunity that we have to work for a secure retirement. 

My Dream is that somehow the politicians get this one right and maintain some resemblence of the Social Security System that our fathers and grandfathers enjoy. I pray that we get out of this economic situation and that our children have some sort of retirement program that works!

Derrick Butler is the Founder of My Dream Alive Inc the most comprehensive source of African American Clothing and Products on the net.

Find out more at: www.mydreamalive.com

Look at how the Governement sets budget: http://www.usgovernmentspending.com/federal_budget 

 

Today the Mega Millions Loto is $312 Million Dollars.

Can you believe it?? We’ll this lottery has given me the passion to write again. The last time I was this fired up.. Barack Obama was becoming our 1st ( Not Last ) African American President. I am still a huge  Obama fan and supporter, and next year is going to be no cake walk. Especially if the economy remains in the dumps like it is.

The truth of the matter is… what can one poor non suspecting slunk do with that much money.

The odds of winning are..and I like 5 Million to 1.. and people still play.

Yea.. let’s let 1 person get $312 Milllion in an American where the rich keep getting richer and the poor get stumped on!!

The middle class is disappering right before our eyes..

Wouldn’t it be better to make 312 new millionaires today. Today we could change 312 peoples lives…

Why should 1 person get the opportunity of a life time.

Imagine the families of the 312 members.. Imagine all the money in places all over the country that could get impacted by that one change in the system.

I don’t think 1 person would even know what to do with all that money, and imagine if Hitler one that money..

This Lottery system is suppose to support education.. but in fact it supports who? and where is the money for all the effort?

Let more people win.. and let’s do something right for a change.

So often we make the wrong choice..

Keith Marsden: Bush tax cuts were good for business and the middle class

President Obama remains skeptical about the Bush tax cuts that were due to expire at the end of this year.

During his post Congressional election press conference, he said: “From 2001 to 2008 we cut taxes significantly, but didn’t see the results”. But “my goal is not to have a huge spike in taxes on middle class families”, he stressed.

Reluctantly, he has now struck a deal with Republican leaders in Congress to extend the Bush-era income tax cuts for two years for all Americans, including the wealthy earning over $250,000 a year.

This latter concession left some liberal lawmakers and activists seething. But the White House argues that this compromise was needed to win enough votes for a necessary measure – to avoid dampening the already sluggish recovery from recession.

Later on, Democrats will probably try to rally partisan support by arguing that Republicans insisted that the wealthy be included only because they are large contributors to Republican election campaigns.

This cynical view ignores strong independent evidence that the Bush tax cuts boosted equity investment in US business, that the “rich” were the largest contributors, and the “middle class” benefitted substantially in the form of more jobs and higher incomes.

The triennial Surveys of U.S Family Finances, undertaken by the Federal Reserve Board, show a large increase in equity investment in “privately held businesses” from 1998 (towards the end of the Clinton presidency) to 2007 (the latest year available). The forms of business in this category are sole proprietorships, limited partnerships, other types of partnerships, subchapter S corporations and other types of corporations that are not publically traded, limited liability companies, and other types of private businesses.

President Obama has often declared himself a fan of these forms of “small business”, and has urged an increased provision of financial resources for them.

The Fed surveys show that the percentage of the richest 10 percent of families (ranked by annual income) who had business equity investments, jumped from 34.2 percent in 1998 to 41.8 percent in 2001 (the first year of the Bush tax cuts). This percentage dropped slightly to 40.9 percent in 2007. But the average (mean) size of holding per investor more than doubled to $2.475 million (in inflation-adjusted 2007 dollars). There seems little doubt that tax cuts played a significant role in increasing both the incentives and availability of funds for these investments.

Business equity investment by the middle class also expanded. The proportion of families in the middle 40-59.9 percent income percentiles with holdings remained constant at 10.6 percent. But their average size went up to $240,000 in 2007 from $169,600 in 1998.

Even among families ranked among the poorest 20 percent, the mean value of business equity holdings shot up to $686,700 in 2007 from $158,100 in 1998. But only 3.3% percent of this group possessed holdings, probably in the form of start-ups or very small businesses that have yet to yield substantial income for their proprietors, but could have substantial growth prospects.

The significance of these findings does not only lie in the increased flow of investment funds to small private businesses. Most investors are not just passive providers of cash. The Federal Reserve studies show that of families with any business interest, 92% percenthad an active role as creative entrepreneurs and hands-on managers. Actively-managed interests accounted for 89 percent of privately-owned holdings in 2007.

The rich are also a significant source of inputs into the overall economy in other forms, and for varied purposes. They provide equity investments in non-residential property, including commercial property, farm and ranch land not operated through their own businesses. 21 percent of the richest 10% percent of families owned these assets in 2007, with a mean value per holding of $740,600, a 27 percent increase in real terms since 1998.

By investing in these properties, the more affluent families make office/factory/warehouse/space and farm land available for rental by other entrepreneurs.
They also help to fund investment in, and the operating costs of larger enterprises. They do so by buying and holding publically-traded shares. 91 percent of the richest 10% percent of families had stock holdings in 2007, a slight drop from 90.4% percent on 1998.

But the mean value (in 2007 dollars) of their holdings had risen by 26.8 percent over this period, reaching $863,300.

49.7 percent of the middle income group (40-59.9 percentiles) owned stock in 2007, up from 49.4 percent in 1998, and the mean value of their holdings rose to 5$8,900 from $49,000 dollars (in 2007 dollars). And even 13.6% of the poorest 20% were able to acquire stocks in 2007, up from 10.0% in 1998, with an increase in their average holding to $67,000 from $36,700 over this period.

Increased investment created more jobs. According to the U.S Bureau of Labor Statistics, total non-farm employment grew from 125.93 million in 1998 to 137.60 million in 2007, an increase of 9.3 percent.

This evidence contradicts the view, apparently held by President Obama and his administration, that the Bush tax cuts have benefited only the highest income group, and have fostered extravagant consumption at the expense of investment. On the contrary, the Federal Reserve studies show that all income groups enjoyed significant increases in real family incomes between 1998 and 2007. Rising productivity boosted wages.

The before-tax incomes (in 2007 dollars) of the poorest 20 percent of families went up by 21.8% from 1998 to 2007. The average rise for families in the middle 20 percent was 9.2 percent, while the richest 10 percent gained 42.3 percent on average, thus allowing the surges in investment noted above.

Minority ethnic groups also enjoyed increases in real income, according to the U.S. Census Bureau. It reports an increase in median (before tax) income for Black households from $33,315 in 1998 to $35,267 (in 2009 adjusted dollars) in 2007. While the median for Hispanic households went up to $40,013 in 2007 from $37,230 in 1998.

Except for the lowest income groups, whose members don’t pay federal income tax, the disposable (after-tax) income of most middle class families rose still faster as a result of the Bush tax cuts. Moreover, the cuts removed a further 5 million of families from the Federal tax roles.

The 10 percent of families in the highest income bracket remain by far the largest contributors of business equity. Even if the tax hike is confined to those with an income of $250,000 and above, as sometimes suggested, it could have a substantial negative impact on future equity investment flows to small business.

Post 2007 income trends are distorted by the recession that began at the end of that year. This recession stemmed from the collapse of the sub-prime mortgage market, provoked by an imprudent Democrat-led push for expanded home ownership among the lowest income groups. It was further accentuated by the repackaging of dubious home loans, supposedly “guaranteed” by Fannie Mae and Freddie Mac, into new-fangled derivatives promoted by the bonus-seeking staff of investment banks.

But this recession doesn’t invalidate the case for tax cuts as a means of stimulating the growth of output, employment and incomes. The new Republican-led House of Representatives should take the lead in promoting the indefinite extension of the Bush tax cuts for all income groups when it takes office in the New Year. These cuts should stimulate economic growth. But to accelerate reduction of the massive current and projected public debt, which acts as a drag on the whole economy, tax incentives will need to be accompanied by a pruning of wasteful and low priority government expenditure.
Keith Marsden is a member of the Council of the Centre for Policy Studies, and a former operations adviser at the World Bank.

 

We as a country have come a long way. With the election of President Barack Obama, the United States has finally taken a huge step in the right direction. 

However; ( And you knew that was coming), the educational system is still broken, unequal , and the opportunity of Educational Rights which Dr. King dreamed about are still not achieved. 

The opportunity to have an incredible impact on the lives of African-American students is possible with one addition to our public educational system. 

“It’s where, 500 years before England’s universities thrived, Westerners flocked to a place called Timbuktu, which some historians say is the site of the world’s first university. And it’s where kingdoms dripped in gold, emeralds and other riches, earning West Africa the name The Gold Coast.” 

African-American History needs to be taught in ALL Public educational systems. We do not require slavery to be taught as the only part of African- American History that is worthy of being taught in History classes across the nation. Slavery is not the beginning of the African experience. Slavery is the untimely end to African history and the beginning of the African-American experience. There exists a plethora of African History that we are still part of. Our history and African History are one in the same. 

What about: 

  IMHOTEP 

THE WORLD FIRST KNOWN GENIUS 

Imhotep was the royal advisor to King Zoser during the Third Dynasty of Kemet. Regarded as the world’s first recorded multi-genius, Imhotep was  an architect, astronomer, philosopher, poet and physician. As an architect he was responsible for designing the Step Pyramid and the Saqqara Complex. During his lifetime he was given a host of titles, among them:Chancellor of the King of Lower Kemet, the First after the King of Upper Kemet, High Priest of Heliopolis and Administrator of the Great Palace. As a physician, Imhotep is believed to have been the author of the Edwin Smith Papyrus in which more than 90 anatomical terms and 48 injuries are described. This is well over 2,200 years before the Western Father of Medicine Hippocrates is born. Some 2,000 years after his death, Imhotep was deified by the inhabitants of Kemet and was known later as Asclepius, God of Medicine, to the Greeks. His very name, Im-Hotep, translates as the Prince of Peace. His tomb near Memphis became a sacred place and the site of pilgrimages for those seeking a cure. As a philosopher and poet, Imhotep’s most remembered phrase is: “Eat, drink, and be merry for tomorrow we shall die.” There still remain many bronze statuettes, temples and sanatoria bearing his name, as is depicted in the picture of the statue above. 

                                                                               

THE KING SHARK (1841-1906)Behanzin was the most powerful ruler in West Africa during the end of the nineteenth century. He strongly resisted European intervention into his country. This was done with a physically fit army which included a division of five thousands female warriors. He is often referred to as the King Shark, a Dahomeyan surname which symbolized strength and wisdom. He was also fond of humanities and is credited with the creation of some of the finest song and poetry ever produced in Dahomey. 

 

KING OF THE ZULUS (1818-1828)A strong leader and military innovator, Shaka is noted for revolutionizing 19th century Bantu warfare by first grouping regiments by age, and training his men to use standardized weapons and special tactics. He developed the “assegai” a short stabbing spear, and marched his regiments in tight formation, using large shields to fend off the enemies throwing spears. Over time, Shaka’s troops earned such a reputation that many enemies would flee at the sight of them. He built the Zulus into a nation of over a million strong. He was also successful in uniting all the ethnic groups in South Africa against the despicable vestiges of colonialism. 

The majority of African American Adults don’t know who these people are, and even fewer children are aware of the greatness of the Early African Empires. 

This information needs to be taught and shared in schools so that our children understand that our descendents once were a mite nation of Kings, Physicians, Astronomers,  Architects, Philosophers, Mathematicians. 

If we as a race had the intellectual ability to build pyramids, than centuries later we should be Intellectually Smarter, Better, and Greater! 

Be Inspired! 

Derrick Butler 

www.mydreamalive.com 

 

We can not afford the Republican BUSH Tax Cuts

 There is a huge “Debate” on weather the National Crippling Bush Tax Cuts should be Continued?  

What in the world is the “Debate” Why does everyone forget that this country was in a SURPLUS at the End of the Democratic Clinton Administration.  

 Has the Right Controlled Media using some kind of Brain Washing machine to erase memories? Or is it just that American is the Racist Country that the world thinks we are, and they just don’t want President Barack Obama to be President. There is no arguement that makes any type of since that would make a right thinking person believe that that we continue the Tax Cuts put in place by President Bush.  

In fact,  

“By the end of the Reagan-Bush 12-year “revolution,” the extra debt they had piled on the country was costing the country an extra 2.6% of GDP in interest—$300 million a day. Without that interest working against him, Clinton would have paid down the debt much faster. That’s why the green-line goes down so fast in the Clinton years. That’s what would have happened without the Reagan-Bush interest burden.”
“Now if W. Bush had held the line almost as well as all presidents before Reagan, the national debt would have been only 9% of GDP, and the country would have been ready to pull itself out of the Great Recession with ease.”
Of course the rich loved this “theory” and fed the press many story about the wonders of the new supply-side “economics” (cooked up by Laffer, as a graduate student). Money talks, and a lot of people listened. It’s time to rethink what radical conservative have done and are doing to our country. The Reagan-Bushes National Debt now totals $10.1 trillion by a most conservative estimate. That’s the lions share of our present debt.

 Again, the LIONS SHARE of our National Debt came because of the Nation Crippling Reagan-Bush Tax Cuts.  

WE CAN NO LONGER AFFORD THE BUSH TAX CUTS.. THEY ARE CRIPPLING OUR NATION  

There is no debate that the economic formula that President Clinton used was the correct one, and President Bush had not reason or precedent to change the Tax code.  

The only saying is “If it ain’t broke, why fix it”  

So why did President Bush try to fix something that wasn’t broken??????????  

Also,  

President Bush even showed that he understood the importance of returning the country back to prosperity by putting a direct END to the Tax Cuts.   

Now, get this:  

Back in 2001, when the first set of Bush tax cuts was rammed through Congress, the legislation was written with a peculiar provision — namely, that the whole thing would expire, with tax rates reverting to 2000 levels, on the last day of 2010.  

Why would he put into to law that at the end of 2010, the tax rates were to revert back to the levels of 2000? Why would he change the law “for the better”, just to change the law back to the laws that ” were not working”  

What’s at stake here? According to the nonpartisan Tax Policy Center, making all of the Bush tax cuts permanent, as opposed to following the Obama proposal, would cost the federal government $680 billion in revenue over the next 10 years. For the sake of comparison, it took months of hard negotiations to get Congressional approval for a mere $26 billion in desperately needed aid to state and local governments.  

Cost the Federal Government $680 Billion in revenue over the next 10 years? Are you serious?????  

We would have to get that revenue somewhere else right? If you make $20,000 a year, and your bills are $20,000 but you away $5,000 don’t you have to get that “deficit” from somewhere?  

We can’t  borrow it, so what will the US do? Do a Monetary Correction and continue to De-Value the Dollar. That is what will happen.  

For what? Do give the richest individuals in America an additional estimated $3 Million in savings?  

That are supposed to magically filter down to the rest of the working class. KEEP DREAMING!  

  

This Economy was inherited by the Obama Administration.  

I really am not sure if any of the cuts should be continued.  

I remember the economy back in the Clinton Administration and it felt pretty good.  

I would give up my tax break if the economy could be restored to that level.  

I am not rich.. but I would be willing to give up my Middle Class cut to get back to a time when not just individuals are prosperous but the whole country was experiencing an incredible economic euphoria.  

Let the Tax cuts end.. let them end and let’s never let that happen again.  

Be Inspired!  

Until Next Time,  

Derrick Butler  

Founder/Mydreamalive  

www.mydreamalive.com