Presidential Debate Live from Las Vegas

October 19, 2011

  Tonight we were witness to another Republican Presidential debate live from the Venetian in Las Vegas Nevada. The candidates took center stage as Anderson Cooper moderated the proceedings. On stage we saw Michele Bachmann, Herman Cain,Ron Paul, Newt Gingrich, Rich Santorum, Mitt Romney and Rick Perry. Missing from the debate was Jon Huntsman and Gary Johnson, both were given the opportunity to appear with the rest of the field but opted not to show.

The debate was fisty and furious as candidates sparred about illegal immigration, defense spending, the budget, the border fence and jobs or lack there of.  Mr. Perry and Mr. Romney, Mr. Santorum vs Mr. Paul and Mr. Romney, Mr. Perry, Mr. Paul, Ms. Bachmann and Mr. Santorum against Mr. Cain. During this debate there appeared to be more personal attacks on the candidate on their records which did not sit well with the audience.

When asked about the nuclear waste issue Ron Paul got an arousing ovation when he stated why should 49 states tell one state who will take nuclear waste. “It is not right” he went on. Get politicians out of this and allow states to decide. the government shouldn’t be in the business of subsidizing industries and it is time they get out. The states need to compete for business and markets not the Federal Government. Many of the other candidates had to agree with him as that appeared to be the correct answer.

Anderson asked Perry if the 9-9-9 would cost taxpayers more and he went after Herman pretty strongly. Mr. Cains 9-9-9 program is not a value added tax though Rick Perry believes it is and attacked Herman as Rick stated ” I’ll bump plans with you Brother”  New Hampshire and Nevada are hurting and with a new tax of 9% increases on homes, on Social Security and more, Perry stated “I don’t think so Herman, it’s not gonna fly!”

Mr. Cain responded by explaining how the plan will not increase taxes and he used the example of a loaf of bread having 5 separate taxes on it now and the 9% will take out those 5 taxes and will be replaced by the new 9% tax. As he responded Anderson told him his time was up and stated he would have another 30 seconds to which Herman asked “Tonight” which got a laugh from Bachmann and the audience.

Ron Paul stated it was a regressive tax and would increase taxes on everyone. Mr. Paul focused on the audience members original question asking what would you replace the income tax with and his response was ” I say Nothing”. He continued informing the audience members spending is a tax and he has a program that would cut one trillion dollars out of the budget the first year he is in office.

Herman Cain got his additional 30 seconds at this point only minutes later with this statement ” Once again unfortunately none of my distinguished colleagues who have attacked me up here tonight understand the plan.” His plan replaces the hidden taxes on products with the 9% tax he has proposed. The tax will be a federal level tax not the state tax, apples and oranges.

Later on in the debate Anderson asked Cain who should be the nominee Rick Perry or Mitt Romney to which he replied “I should be the Nominee.” He explained why in several short statements.

Newt Gingrich once again demonstrated his depth of knowledge dealing with the issues that concerned the audience. His responses we clear, concise and on point without swaying from the topic until after the statements were completed. “Maximizing bicker is probably not the road to the White House.” He would challenge President Obama to 3 hour debates with only a time clock to debate the issues.

Michele Bachmann chimed in occasionally as the gentlemen commanded the most time throughout the debate. She mentioned the President is the one who has a problem with immigration as his Aunt and Uncle are here illegally and he ignores it. She wants to build a double walled fence with security all across the border. 113 billion dollars to pay for all illegal immigrants and we need to stop that. Build the fence, enforce English as the official language and work for the people to stop spending money that we don’t have.

Anchor babies are a problem as Michele told how illegals come into this country just to have their children because of the 14th amendment. We have to address this issue and solve the problem of illegals using the amendment to have access to those magnets available to them.

Mitt stated ” Everyone loves legal immigrants”. According to Mitt there are 4.5 million foreigners who want to come into this country legally but cannot because of our immigration problem.  Mr. Romney’s messages was to turn off the magnets that entice them into this country illegally. With the free housing, the employers who are willing to hire illegals to which Rick Perry jumped at the chance to attack once more.   He accused Romney of hiring illegals for two years while knowing they were illegal. The audience on several occasions booed Perry as he continued to press the issues signifying they have had enough of the bickering and wanted to hear solutions especially when he stated “You failed as Governor.”  Perry didn’t help his campaign tonight with his combatant attitude.

Herman Cain received a huge round of applause when he restated his stance with his statement concerning the protesters on Wall Street a few weeks ago.  Anderson ask if he stood by his remarks “If you don’t have a job and you are not rich, blame yourself.” Herman explained the problem wasn’t Wall Street it was the government who gave them the money when they shouldn’t have. Ron Paul agreed stating those involve with the crash never went to jail after all the committee hearings to seek answers to why the problems happened.

If you watch the debate you will find the audience was there with hopes the candidates would offer solutions to the problems persistent in this country. The received some of what they wanted however the constant bickering had many individuals rolling their eyes in disbelief on what they were hearing. If the candidates want to be the Republican nominee they are going to have to present solutions and not personal attacks on those on stage with them.

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October 13, 2011

Why Are They Demonstrating on Wall Street?

October 12, 2011

For the past three weeks demonstrators have taken signs, cameras and blow horns to march on Wall Street and other venues across the nation.   As we watch the evening news reports or read articles from the major news sources it appears as though there is no real structure to this demonstration.  So, Why are they demonstrating on Wall Street?

At first glance those in the crowd with their signs are saying Wall Street caused all this unemployment, caused the housing market to crumble and caused families all across the nation to loss their lives savings.  Wall Street executives are really bad people because common everyday American’s are suffering.  So they march with signs from SEIU, WE THE PEOPLE, Change the World and a host of thousands more to express their discontent with the greed that crushed America.

We believe there is a reason to march on Wall Street however our spin is not that of those stomping the ground in front of Bank of America or any place else.  We at Patriot Express Radio believe in the capitalist society that creates jobs through innovation, hard work and a vision for the future. Anyone can succeed in America if they do not become overburdened with taxes, regulations or bureaucracies that insist you can not accomplish what it is you set out to do.

Here is the real problem as we see it.  Let’s travel back in time to a place that was so much simpler, back in time before cell phones, Apple and Microsoft.  Back to the 60’s when  the boss or President of an organization got up every morning and headed to work to make an honest living for his/her family.  Those individuals may have been owners or the company or they could have been hired to run the company but they were there to produce results that earned everyone money at the end of the day, week, year and if the times were really good everyone in the organization would receive a bonus around Christmas time. Do you remember those days?

During the 1960’s the average salary for working class American’s was $8,363.42 calculated with figures from the BLS. Those who were able to obtain the title of CEO or President of  large companies in 1965 made a staggering 24 times the average salary of the lowest paid employee according to a report by Lawrence Mishel for the Economic Policy Institute dated June 21, 2006.

Throughout the past 50 years we have seen the disparity grow as CEO’s pay increased 100,200, 300, 400 and more times what the lowest paid employee made while those employed wages only increased  2-7% over the same period or time. If you get your calculator out input your current yearly wage multiplied by 250 (the happy medium to CEO’s 400X plus increase) what would you be making?  We understand the CEO or President  of any business negotiate their benefit package according to their wants and desires.  If those in charge of hiring offer or except the package so be it, capitalism working as it should.  However when those salaries impact the decision-making and the wages of those bottom tier employee’s the repercussions are sever.  This is what the protesters should be asking or demonstration, the disparity of  abilities to pay for product.

When you walk down the aisles of a grocery store to spend some of those hard earned dollars you worked for last week you have to price shop to get more bang for your buck as times are hard with a full fledged depression looming only months away. Pick up a box of Cheerios which cost $4.56 today or a 22 ounce box. Personally I cringe every time I go to the grocery store when I look at the prices. Of that $4.56 how much of that expense we pay goes to Kendall J. Powell’s benefits of over 12 million,  Roderick Palmore’s 3.1 million salary or the other top executives making 700 thousand or more?

Last year the total sales of all General Mills products amounted to 3.6 billion dollars with cost of goods being 2.25 billion, leaving a gross profit of 1.4 billion dollars. Remove the cost of administrative salaries, selling and general expenses of 809.6 million and there remains a profit for share holders after taxes, interest, repairs and other expenses of 332.5 million dollars. Of that 809.6 million the top officials of General Mills earn less than 10% of that total.

According to Doug Polarski, CEO of Sawyer TMS, “Board of Directors are interested in CEO’s with credibility which gives their companies a greater profile when dealing with banks, securities and other Boards during the course of business.  The main focus of the Board of Directors are to offer a benefit package to candidates they can not turn down to get them out of the market as CEO’s worth their package are in limited supply.

Some advice to those out there on the streets upset with their wages, work toward a goal whether a start-up company or an existing one to learn enough about the business and get yourself a benefit package you will be happy with because in America anything is possible.