Stimulus For Who?

January 27th, 2009

Texas Straight Talk - A weekly column
Congressman Ron Paul, TX - 14 (Jan 26, 2009)

This week the House is expected to pass an $825 billion economic stimulus package. In reality, this bill is just an escalation of a government-created economic mess. As before, a sense of urgency and impending doom is being used to extract mountains of money from Congress with minimal debate. So much for change. This is déjà vu. We are again being promised that its passage will help employment, help homeowners, help the environment, etc. These promises are worthless. This time around especially, Congress should know better than to pass anything of this magnitude without first reading the fine print. There a many red flags that I have found in this bill.

At least $4 billion is allocated to expanding the police state and the war on drugs through Byrne grants, which even the Bush administration opposed, and the COPS program, both of which are corrupt and largely ineffective programs.

To help Big Brother keep a better eye on us and our children, $20 billion would go towards health information technology, which would create a national system of electronic medical records without adequate privacy protection. These records would instead be subject to the misnamed federal “medical privacy” rule, which allows government and state-favored special interests to see medical records at will. An additional $250 million is allocated for states to nationalize individual student data, expanding Federal control of education and eroding privacy.

$79 billion bails out states that haphazardly expanded their budgets during the bubble years, but refuse to retrench and cut back, as their taxpayers have had to, during recession years.

$200 million expands Americorps. $100 million goes to “faith-and-community” based organizations for social services, which will further insinuate the government into charity and community service. Private charities are much more efficient and effective because they are directly accountable to donors, while public programs tend to get rewarded for failure. With its money, the Federal Government brings its incompetence and its whims, while creating foolish dependence. This is sad to see.

Of course the bill is rife with central planning projects. $4 billion for job training, much of which will be used to direct workers into “green jobs”. $200 million to “encourage” electric cars, $2 billion to support US manufacturers of advanced batteries and battery systems, which is yet another function of government I can’t find in the Constitution. Not to mention $500 million for energy efficient manufacturing demonstration projects, $70 million for a Technology Innovation Program for “research in potentially revolutionary technologies” in which government, not supply and demand, will pick winners and losers. $746 million for afterschool snacks, $6.75 billion for the Department of Commerce, including $1 billion for a census.

This bill delivers an additional debt burden of $6,700 to every American man, woman and child.

There is a lot of stimulus and growth in this bill – that is, of government. Nothing in this bill stimulates the freedom and prosperity of the American people. Politician-directed spending is never as successful as market-driven investment. Instead of passing this bill, Congress should get out of the way by cutting taxes, cutting spending, and reining in the reckless monetary policy of the Federal Reserve.

Join Ron Paul’s Campaign For Liberty

Philadelphia Sports Extravaganza and Wellness Expo

January 27th, 2009

For Immediate Release

2nd Annual Philadelphia Sports Extravaganza and Wellness Expo
Saturday Feb 14th and - Sunday Feb 15th 2009
at The Greater Philadelphia Expo Center at Oaks, on Route 422, near King of Prussia and Philadelphia PA.

Join us this year at The Greater Philadelphia Expo Center at Oaks and change your life for the better in just one weekend. The Philadelphia Sports Extravaganza and Wellness Expo will be filled with free medical screenings, health services, personal trainer certifications CEC. You can purchase sports and fitness equipment from Fundamental Fitness Products, related clothing, supplements, as well as games and competitions. The Sports Extravaganza will give audiences a taste of high caliber Arm Wresting, Model Search, Strong Man Competition, Martial Arts, and Physique Competitions. The Wellness Expo is Free with Free Parking both Days. The Sports Extravaganza is only $10.00 for adults and Kids and Seniors are free.

Read More

Visit the Health and Wellness Network

Computer Internet Security Alerts

January 26th, 2009

Get the latest security updates.

* Apple QuickTime Updates for Multiple Vulnerabilities
Attackers may be able to exploit these vulnerabilities to execute arbitrary code or cause a denial of service.

*Microsoft Windows Does Not Disable AutoRun Properly
Microsoft Windows includes an AutoRun feature, which can automatically run code when removable devices are connected to the computer. AutoRun (and the closely related AutoPlay) can unexpectedly cause arbitrary code execution.

*Oracle Updates for Multiple Vulnerabilities
The impacts of these vulnerabilities include remote execution of arbitrary code, information disclosure, and denial of service.

*Microsoft Technical Cyber Security Alerts Multiple SMB Protocol Vulnerabilities
A remote, unauthenticated attacker could gain elevated privileges, execute arbitrary code, or cause a denial of service.

U.S. Backed Civilian Casualties Cause Backlash

January 25th, 2009

Protesters from around the world have been holding demonstrations against a wide variety of American induced deaths among civilian populations including wedding parties, women and children.

Afghan President, Hamid Karzai, condemned the United States for the death of 16 civilians. Hundreds of villagers took to the streets in protest demonstrations.

Palestinian President, Mahmoud Abbas, called for massive protests against Israel and the United States over the bombing and shelling of U.N. schools. Official figures estimate that 1,400 Palestinians were killed and 5,500 others wounded.

Entertainment Headlines: Sony Record Labels Post Loss

January 25th, 2009

Entertainment News

Sony, owner of Epic, Jive, Columbia, RCA and Arista Records, announced continued troubles plague the music industry. Full Article

Entertainment News, Reviews and Free MP3’s

January 25th, 2009

Full Article

RomBox.com, one of the web’s oldest music sites, announced a new news service. The RSS entertainment feed is *free for all* and allows viewers to catch a glimpse inside the music business with reviews, events, free server to peer downloads and more.

World Recession / Global Slowdown

January 24th, 2009

Markets around the world are falling. This could be the first time that so many countries have slid into recession at the same time. The United States has been in a recession for the past year. Great Britain announced that it, too, had fallen into recession. In Korea, Samsung posted its first ever quarterly loss. Japan’s Sony saw its first quarterly loss in fourteen years. Canada went from predicting a positive GNP to revising the projection to a recession. Even China is seeing a slowdown with growth going into the single digits for the first time in many years.

Tree Deaths Double

January 23rd, 2009

United States Geological Survey reports in an article published in Science magazine, that tree deaths have doubled in the West and Northwest US in recent decades. The climate changes, and rooted trees cannot escape.

The New York Times covers this at
http://www.nytimes.com/2009/01/23/us/23trees.html

Imagine A Real Reality

January 23rd, 2009

By the Rev. LeRoy Montana

Imagine…
Maybe it’s a stretch, but, just give it a thought:
Every single person on the planet has a place to live;
clean water to drink and for their animals and to grow food and
to wash and to cook; enough good food to eat; air that wont make
us sick; education, as much as you want; medical attention;
utilities including internet; no war; all the resources of the planet
used to benefit the inhabitants of the planet; and if someone wants
more that will be possible too; the freedom to believe in anything or
everything or not believe, as long as it doesnt hurt another; and helping
when the chance comes your way.

We live on one living organism/planet together, and there isnt much
difference between you and me. We all want to be safe. We all want
love and friends and something meaningful to do.

Maybe it can start. We can start it. All the potential is here right now,
like never before.

Microsoft To Lay Off 5,000 Employees

January 23rd, 2009

The price of Microsoft stock fell to a 20 year low as their proprietary opperating system, Vista, continues to have trouble.

Here is an email from the CEO:

From: Steve Ballmer
Sent: Thursday, January 22, 2009 6:07 AM
Subject: Realigning Resources and Reducing Costs

In response to the realities of a deteriorating economy, we’re taking important steps to realign Microsoft’s business. I want to tell you about what we’re doing and why.

Today we announced second quarter revenue of $16.6 billion. This number is an increase of just 2 percent compared with the second quarter of last year and it is approximately $900 million below our earlier expectations.

The fact that we are growing at all during the worst recession in two generations reflects our strong business fundamentals and is a testament to your hard work. Our products provide great value to our customers. Our financial position is solid. We have made long-term investments that continue to pay off.

But it is also clear that we are not immune to the effects of the economy. Consumers and businesses have reined in spending, which is affecting PC shipments and IT expenditures.

Our response to this environment must combine a commitment to long-term investments in innovation with prompt action to reduce our costs.

During the second quarter we started down the right path. As the economy deteriorated, we acted quickly. As a result, we reduced operating expenses during the quarter by $600 million. I appreciate the agility you have shown in enabling us to achieve this result.

Now we need to do more. We must make adjustments to ensure that our investments are tightly aligned with current and future revenue opportunities. The current environment requires that we continue to increase our efficiency.

As part of the process of adjustments, we will eliminate up to 5,000 positions in R&D, marketing, sales, finance, LCA, HR, and IT over the next 18 months, of which 1,400 will occur today. We’ll also open new positions to support key investment areas during this same period of time. Our net headcount in these functions will decline by 2,000 to 3,000 over the next 18 months. In addition, our workforce in support, consulting, operations, billing, manufacturing, and data center operations will continue to change in direct response to customer needs.

Our leaders all have specific goals to manage costs prudently and thoughtfully. They have the flexibility to adjust the size of their teams so they are appropriately matched to revenue potential, to add headcount where they need to increase investments in order to ensure future success, and to drive efficiency.

To increase efficiency, we’re taking a series of aggressive steps. We’ll cut travel expenditures 20 percent and make significant reductions in spending on vendors and contingent staff. We’ve scaled back Puget Sound campus expansion and reduced marketing budgets. We’ll also reduce costs by eliminating merit increases for FY10 that would have taken effect in September of this calendar year.

Each of these steps will be difficult. Our priority remains doing right by our customers and our employees. For employees who are directly affected, I know this will be a difficult time for you and I want to assure you that we will provide help and support during this transition. We have established an outplacement center in the Puget Sound region and we’ll provide outplacement services in many other locations to help you find new jobs. Some of you may find jobs internally. For those who don’t, we will also offer severance pay and other benefits.

The decision to eliminate jobs is a very difficult one. Our people are the foundation of everything we have achieved and we place the highest value on the commitment and hard work that you have dedicated to building this company. But we believe these job eliminations are crucial to our ability to adjust the company’s cost structure so that we have the resources to drive future profitable growth. I encourage you to attend tomorrow’s Town Hall at 9am PST in Cafe 34 or watch the Webcast.

While this is the most challenging economic climate we have ever faced, I want to reiterate my confidence in the strength of our competitive position and soundness of our approach.

With these changes in place, I feel confident that we will have the resources we need to continue to invest in long-term computing trends that offer the greatest opportunity to deliver value to our customers and shareholders, benefit to society, and growth for Microsoft.

With our approach to investing for the long term and managing our expenses, I know Microsoft will emerge an even stronger industry leader than it is today.

Thank you for your continued commitment and hard work.

Steve