Tag Archive | "obama"

The Changing Landscape of Taxes

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The Changing Landscape of Taxes


Get ready for higher taxes! The Obama administration is pushing for changes to tax law, along with more regulatory oversight of the financial sector by the end of this year. Here’s a quick intro regarding what policy and tax law changes we might expect, and how these new rulings could impact investors.

Prepare for Tax Increases

With President Bush’s tax cuts expiring at the end of 2010,the timing for tax reform is even more critical. As the deadline approaches,and with President Obama calling for tax hikes on the top two tax brackets, lawmakers are expected to take action before the cuts expire. Indeed, many experts see those top two tax brackets moving from 33% and 35%, to potentially 36% and 39.6% for those earning about $250,000 or more a year.

Without a doubt, the economic stimulus package, the bailouts, plus the cost of proposed new social programs such as health care, will contribute to a significantly higher deficit. So, the current administration wants to try and offset some of these new federal expenses with the revenues collected from higher taxes for “the rich”.

Look for Estate Tax Reform

With estate taxes set to temporarily disappear in 2010, we should expect changes to estate tax law before changes to income tax law. The disappearance of estate taxes would eliminate revenue that Capitol Hill clearly needs as it looks to decrease its deficit. It is highly unlikely that Congress will let the estate tax drop to zero in 2010, particularly at a time when our fiscal policy is in the red.

Another reason Capitol Hill is likely to address estate tax law quickly, is that rules set to take effect at the start of 2010 will make it exceedingly complicated for heirs to figure out exactly what they owe to the government when they get their inheritance.

Heirs lose the stepped-up basis in determining the beneficiary capital gains tax starting in 2010, which means they would pay taxes based on the original cost of assets held in the estate, not their worth at a parent’s death. So the savings in estate tax is tempered by increased income taxes imposed on the heirs. Of course, that means tracking down cost basis will be more nightmarish then ever before. This change, if it passes, will be interesting from an administrative perspective.

It is widely expected that Capitol Hill will approve new legislation that would grant a $3.5 million exemption per person, with a 45% rate on anything above that.

Watch for Changes to Dividend Taxes

Another area to keep an eye on is dividend taxes. Taxes on qualified dividends have been at a maximum 15% since 2003—previously the average dividend tax rates were at roughly 28%. But the current rate is scheduled to sunset at the end of 2010 if lawmakers do not authorize changes.

President Obama’s administration has supported increasing these rates for individuals in the top two tax brackets to 20%, beginning in 2011.

According to the current proposal, taxpayers in the lower tax brackets would see their rate stay at 15%, and the lowest tax bracket would see the rate remain at zero. Of course, the outcome may be entirely different in the end.

But unlike the rush to address estate taxes, modifying dividend taxes is not likely to happen until 2010 and is not expected to be effective until 2011. Still, investors and their advisers should be aware of possible changes as they build and adjust their clients’ portfolios.

Consider Municipal Bonds

With income tax rates expected to rise for those in higher-income brackets, certain investors would do well to look to municipal bonds. Municipal bonds, now thought to be undervalued, is expected to increase in value as the public starts to feel more confidence about the financial stability of states.

Some investors have been worried that states will not be able to pay their bonds, devaluing the bonds’ worth. However, the stimulus package is now trickling much needed cash flow down to the states which need it most, alleviating that concern to some extent, which should help the bonds to increase in value.

Expect More Regulation

Investors may also find the increased oversight projected for the financial sector attractive, as regulation is expected to make the way investments are run clearer. In the wake of the meltdown that has affected financial markets, especially the derivatives area, hedge funds and big banks, investors now want more lucidity in their investments. It’s about time!

This trend is already apparent in recent legal changes imposed on the credit card industry with the government cracking down on credit card terms that have grown increasingly confusing to consumers.

We’ll see how all of this unfolds. Stay tuned for more details as they become available.

Cathy Pareto, MBA, CFP®, AIF® is the Founder and President of Cathy Pareto & Associates, Inc. For over twelve years, Cathy has been helping financial consumers and professionals understand the world of investments and finance with a sound, but down to earth money management approach. For over a decade Cathy was a Senior Financial Advisor for another Miami based investment advisory firm, where she managed over $200 million in assets for high net worth clients and retirement plans. She has extensive experience in retirement issues, asset allocation, investment selection, investment management, education planning, estate planning coordination, and asset protection strategies. Additionally, she was an Adjunct Professor and Faculty Coordinator for the CFP® Program at Florida International University’s College of Business.

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Sonia Sotomayor’s nomination brings out subtle racism everywhere

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Sonia Sotomayor’s nomination brings out subtle racism everywhere


President Obama announced his appointment of Sonia Sotomayor for the ninth seat on the Supreme Court bench yesterday morning, setting the interwebs and the cable news pundits on fire with something big to talk about all day.

Stuart Taylor at the National Journal is right in pointing out that this nomination is extremely shrewd because it puts the Republican Party in a tight spot. If they criticize Sotomayor for the things they most want to attack her for, they risk further branding themselves as the party of old white men. If they don’t attack her aggressively, they risk giving a victory to Obama and further weakening the party.

After Obama’s announcement, what followed was almost boringly predictable: all the news today has been dominated by talk about her race and gender. And though she was only nominated about 12 hours ago, her nomination has already brought race to the forefront of the public discourse — a topic we all normally like to avoid for the sake of our own comfort levels. Better to pretend race doesn’t exist, right? Right. Except now, it suddenly exists, more than ever. The fact that she grew up in the Bronx projects but graduated summa cum laude from Princeton and Yale Law School doesn’t exist, but the fact that she’s a Latina woman definitely does exist.

For instance:

–Glenn Beck says Sotomayor is a racist! (Does anyone else besides me see the irony in the fact that a panel of three white men are discussing whether Sotomayor is racist towards white men?)

–Senator James Inhofe thinks Sotomayor might allow ‘undue influence because of her own personal race and gender‘! (Oh my god, you’re right, because she’s a LATINA WOMAN and her opinions might be different from those of WHITE MEN, she’s automatically a bad judge) 

–Mike Huckabee calls her Maria  Sotomayor. Well, you know, all those brown people have such similar names. 

–Even Politico, however inadvertent, falls prey to some good old-fashioned racial stereotypes.

–The conservative Judicial Confirmation Network whines that “in Sotomayor’s court, the content of your character is not as important as the colour of your skin.”  That’s not a hypocritical statement to make about a minority judge at ALL…

The underlying assertion in all these subtle, or not so subtle, criticisms Sotomayor is that her race and gender make her less qualified to be a Supreme Court justice, because her race and gender might affect her decisions. Thus, following that logic, we should only pick jurists who don’t have any race or gender to cloud their decisions.

You mean to tell me white men are raceless and genderless and completely neutral? Why didn’t someone tell me that before?!

Nisha Chittal is a writer and journalist who currently serves as Associate Editor of CitizenJanePolitics.com and is a political columnist for UniversityChic.com. Her personal blog is Politicoholic, where she offers commentary on a range of topics, including but not limited to politics, technology, and the changing role of women and Generation Y in politics today.

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Inspiring Women: Shann Vander Leek

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Inspiring Women: Shann Vander Leek


Bizzy Women Interviews Shann Vander Leek – Professional Coach, Yogi and Best Selling Author

 

 

1. You are a Coach and a co-author in a new best selling book – Wake Up Women.  What is Wake Up Women?

 

Yes, I am a professional coach and the founder of True Balance Life Coaching.  I coach women in transition to set big goals, achieve extraordinary results and create balance in their lives through coaching, yoga and creative expression.

 

Wake Up Women Be Happy, Healthy & Wealthy is the first best selling inspirational guidebook written by women for women.  Fifty expert authors contributing to one book – filled with great stories and golden nuggets of wisdom.  I am happy to report that we soared to the top of the Barnes and Noble best seller list, topping the charts for Women, Women’s Career and Women’s Health and shared the top ten spotlight with President Obama and John Grisham!

 

Women are busy. 

 

Like your network for women, they are balancing work, family, activities, volunteering.  Wake Up Women is divided into sections that deal with everything from our emotional well being to career, money and relationships. 

 

It’s full of great stories you can read in bite sized pieces and it is also a guide book.  And you are getting the insights from 50 different and diverse women experts.

 

 

2. You say the time for women is now?  What do you mean?

 

I think too often we as women put everyone and everything first.  We will start a new business when the mortgage is paid off.  We will take yoga or art classes once the kids finish school.  Get healthy or fit when we have more time.  

 

My goal is to inspire as many women as possible to be willing to put themselves first, take care of their bodies, nurture their dreams, make the best use of their talents.

 

We forget that we can give the most when we are living lives we love.  We can be the best mothers, wives, business owners or colleagues when we are feeling nurtured, fulfilled, inspired and self expressed.

 

We can have the biggest impact on social and community changes when we are feeling confident and powerful. 

 

What I want to remind the Bizzy Women network of women to do is – to take care of themselves, find ways to express themselves and to live their dreams.

 

 

 

 

3. How is this book different from other inspirational books like Chicken Soup For the Soul?

 

What is unique about Wake Up is, like books like Chicken Soup For the Soul, there are these amazing and moving inspirational stories from women across the globe.  The difference is each author is an expert – a coach, a professional or an outstanding business executive, and each inspirational story includes 2 – 3 tools, techniques or strategies they can implement in their life immediately.  So it is both great stories and a guidebook to life.

 

 

4. How else are you helping women – wake up?

 

I earned my yoga teaching certification to create and conduct luscious living playshops involving yoga, guided meditation and creative expression.  The first two playshops sold out quickly with the attendees wanting more … Women are ready for extreme self care.

 

 

5. What’s special about the growing community of Wake Up Women?

 

I am blown away by my co-author community.  This group of women have become part of my professional network.  We support each other, share ideas, collaborate and dialog about how we can make a difference for women across the globe.

 

Each author is partnering with not for profit organizations by offering book signings and fund raising events.  I chose to partner with my local Women’s Resource Center and will be donating 10% of my 2009 book proceeds to them. 

 

 

6. What is the vision that drives Wake Up Women

 

Each of us in our own way believes in the power of women.  We believe the world is hungry and in need of the vision, leadership and compassion of women.  I became a coach because I am committed to inspiring women in transition and employees who want to become entrepreneurs. So, Wake Up Women is one more way that I can make and impact and a difference in peoples lives.  And it is a way I can reach out to thousands of women I would not normally be able to reach.

 

 

7.    How would you explain to our network how it’s different working with women?

 

As women – I think we are naturally about community, about something greater than ourselves.  But we have not always had the mechanisms to come together.  The business environments were based on old models of competition and scarcity.  Wake Up Women is a mechanism for bringing us together and creating visibility and excitement.  A business model based on abundance and community.

 

 

 

 

8.            Don’t you feel competitive with the other authors?

 

No, we don’t feel competition at all – we are working in collaboration.  We all believe that there is an abundance of clients and customers.  And we know if we come together, work together, and merge our individual audiences we are all reaching thousands and thousands of people who would not hear our stories or know about our work. 

 

 

9.            You are a professional coach – Lots of people are talking about having a career coach, a life coach.  What is the value of having a coach?

           

              You learn to value yourself more.

            You stop tolerating the things that are dragging you down.

            You and your coach create a momentum so you get results easier and quicker.

            You set better goals and achieve them easier.

            You take action immediately.

            You have a partner whose only purpose is your success.

            Your self confidence increases.

            You have a deeper sense of well-being.

 

 

10.         What is your unique approach to coaching?

 

True Balance was created because it is my observation that healthy personal development, as well as the success of a small business, absolutely depends on aligning your business goals with your lifestyle choices and grounding them in your core values.

 

We will always focus where you need me most.

 

You will begin by strengthening your personal foundation, setting realistic goals based on your values, and eliminating some of the stressors in your life. You then will have fewer problems and can focus on what is going to make you more successful.

 

 

11.         What can people do right now to start changing their lives?

 

The one tool I would like to give your network is to take inventory of what you deem to be truly important in your life and begin eliminating the things that bring you down.  Bizzy Women members are welcome to sign up for a free life balance e-Course at my website. www.truebalancelifecoaching.com

 

 

12.         How can people buy the book and find out about your services or contact you?

 

The Bizzy Women community of women can buy the books at my website www.truebalancelifecoaching.com

 

 

 

Shann’s bio

 

Unconventional, spirited and delightfully curious, Shann Vander Leek is a fresh new voice in the arena of mindfulness and extreme self care.  As the Founder of True Balance Life Coaching, Shann inspires women in career transition to set big goals, achieve extraordinary results and create balance in their lives. Telephone and email consultations make Shann accessible to clients all over the world: 231.668.1111  or www.truebalancelifecoaching.com 

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College Credit Card Debt Spikes

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College Credit Card Debt Spikes


This post has been submitted by The Grub Spot.com:

Nothing like young adults picking up bad habits. Instead of learning at a young age to live within their means, kids are whipping out their plastic and delaying the inevitable.

According to the USATODAY: ” A new study to be released Monday by Sallie Mae, a college-financing company, finds that the average undergraduate carried $3,173 in credit card debt last year, the highest level since Sallie Mae began collecting this data in 1998. In 2004, the last time the study was done, students carried an average of $2,169 in card debt. The higher the grade level, the greater the card debt, according to Sallie Mae. In 2008, college seniors with at least one credit card graduated with an average of $4,138 in card debt, up 44% from 2004. By comparison, freshmen’s average credit card debt jumped 27% to $2,038.”

Not only are these college kids going to have to bailout the country from the huge amount of spending that Prez. Obama has requested, but they are going to be in such debt themselves, that they aren’t going to know what hit them. Good luck.

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The 21st century fireside chat: was it effective?

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The 21st century fireside chat: was it effective?


people-for-open-government-cartoon

Thursday around lunchtime (which in retrospect sounds like kind of awful timing), President Obama hosted the nation’s first-ever online town hall. For days, the White House was literally open for questions. 92,925 people submitted 104,132 questions and cast 3,606,841 votes on whitehouse.gov. And they saw their most popular questions get answered: on education, universal healthcare, legalizing marijuana, outsourced jobs, and more.

The point, as Obama said at the beginning, was “to open up the White House to the American people.”

The fun thing about any political event in 2009, or 2008 for that matter, is watching all the chatter on Twitter as it happens. You have reporters being smartasses, people being really critical, and smartass reporters telling people to calm down, and other reporters responding to each other. It’s really entertaining.

But it’s interesting to me, because I wonder, how effective are all the new media things that Obama’s administration is trying? Do people like it? Do they think it sucks? or does no one really care cause we’re all cynical and think politicians suck anyways? I like watching the Twitter stream because you can try to get a gauge of what people are thinking about an event as it happens.

I thought I might try to write a “review” of the online town hall today but I realize now that that would be kind of pointless. I would just be one more of the millions of online wannabe political pundits who thinks they know everything about what Obama did right and wrong today. Well, I don’t. But what I want to know is whether people liked it, and whether it really addressed the people’s concerns and needs.

Sure, people are excited. When you do a Twitter search on “Obama” today half the results that come up are along the lines of “Watching Obama’s online town hall, he’s so cool!” I get that. Everyone’s excited about innovation. But I don’t think we should get excited about innovation just for innovation’s sake. He shouldn’t be doing it because it’s “cool.” That would be like CNN trying hologram interviews… Oh wait, they did that. And it made them the laughingstock of news networks.

My point is, what is the White House’s goal of trying all these things? It isn’t just to create a tech-savvy, “cool” personal brand for President Obama and his White House. It should have clear-cut aims. And then I want to know: did the online town hall achieve its aims? Do the people feel like they had a voice? Do they feel like their questions were answered satisfactorily? Do they feel more confident in where the economy and the country are going? Do they feel like the President is listening to them, or do we all still think he’s an out-of-touch politician?

Did you watch it? Did you like it? Do you think it was effective? Did you get bored out of your mind?

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Nisha Chittal is a writer and journalist who currently serves as Associate Editor of CitizenJanePolitics.com and is a political columnist for UniversityChic.com. Her personal blog is Politicoholic, where she offers commentary on a range of topics, including but not limited to politics, technology, and the changing role of women and Generation Y in politics today.

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Medical tourism and the sad state of American healthcare

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Medical tourism and the sad state of American healthcare


One of the best aspects of traveling is the interesting people you meet everywhere you go. In Thailand earlier this month, we met two Americans who had come to Bangkok to get dental work done. And who wouldn’t want to, when the surgeries they were getting were thousands of dollars cheaper in Thailand than America — even after the costs of travel?

It’s an interesting trend, medical tourism – one that so far has been one of those things you see in 60 Minutes clips. But its popularity is growing tremendously, especially with the recession leaving Americans strapped for cash and desperately seeking affordable healthcare. But that reflects pretty poorly on the American healthcare system and says a lot about just how desperately we are in need of serious healthcare reform.

Since 1994, the cost of healthcare in America has more than doubled. Almost twenty percent of the population between 18-65 was uninsured last year – a staggering number. And according to Michael Leavitt, former Secretary of Health and Human Services, the average American household’s spending on healthcare expenses will go from 23 to 41 percent of average household income over the next two decades.

Healthcare is about to get far more expensive, at a time when more people are losing jobs and fewer people can afford basic health insurance. So it’s no wonder that everyone’s border-hopping for cheapers drugs and surgeries. But really, the situation could be prevented if America would just give its healthcare system the overhaul it needs – universal healthcare.

One bit of good news though: Obama’s proposed new stimulus package right now — you know, the $825b one — contains a substantial amount of money reserved for healthcare reform:

  • $39 billion in subsidies to health insurance for the unemployed; providing coverage through Medicaid
  • $90 billion to shore up state Medicaid programs
  • $20 billion for health-information technology systems
  • $4 billion for preventative care

However, it’s only a start. The rising popularity of medical tourism is a perfect case for why America needs universal healthcare more than ever, despite the naysayers against it. As America heads into what is expected to be a deep recession, the staggering costs of American healthcare is going to be a huge obstacle for many, and overhauling our healthcare system should be one of the Obama’s administration’s top priorities.

Nisha Chittal is a writer and journalist who currently serves as Associate Editor of CitizenJanePolitics.com and is a political columnist for UniversityChic.com. Her personal blog is Politicoholic, where she offers commentary on a range of topics, including but not limited to politics, technology, and the changing role of women and Generation Y in politics today.

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Why The Al Arabiya Move is So Important for the US and the Middle East

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Why The Al Arabiya Move is So Important for the US and the Middle East


I woke up this morning and the first thing, I did, over breakfast, was check my feeds. About 90% of my Google Reader is clogged with news and political feeds from just about every political writer, major news blog, and mainstream media outlet you can think of. Reading the news — and assorted political blogs — consumes like 20% of my day. I can’t leave in the morning without knowing what’s going on around the country and around the world.

So I was really, really excited when I read the news this morning and found out President Obama granted his first official interview as President… to Al-Arabiya, an Arabic-language TV station based in Saudi Arabia.

The symbolic importance alone of this decision is huge. But then you have to examine what he said during the interview:

“Now, my job is to communicate the fact that the United States has a stake in the well-being of the Muslim world, that the language we use has to be a language of respect. I have Muslim members of my family. I have lived in Muslim countries … the largest one, Indonesia. And so what I want to communicate is the fact that in all my travels throughout the Muslim world, what I’ve come to understand is that regardless of your faith – and America is a country of Muslims, Jews, Christians, non-believers – regardless of your faith, people all have certain common hopes and common dreams.

And my job is to communicate to the American people that the Muslim world is filled with extraordinary people who simply want to live their lives and see their children live better lives. My job to the Muslim world is to communicate that the Americans are not your enemy.”

During the whole campaign he downplayed his ties to the Muslim world for fear that his attackers would use it against him. Now he’s being open about it and reaching out to the most volatile, complex region of the world and offering, above all else, respect — something the past administration refused to offer. And the fact that we have a President that can even make such statements as in that first paragraph is still astonishing on its own.

The last time I got this excited about something in the media was when Colin Powell defended Muslims on Meet The Press and condemned the anti-Muslim attacks used in the election:

“Well, the correct answer is, he is not a Muslim, he’s a Christian.  He’s always been a Christian.  But the really right answer is, what if he is?  Is there something wrong with being a Muslim in this country? The answer’s no, that’s not America. Is there something wrong with some seven-year-old Muslim-American kid believing that he or she could be president?  Yet, I have heard senior members of my own party drop the suggestion, “He’s a Muslim and he might be associated terrorists.” This is not the way we should be doing it in America.”

Obama, in his Al Arabiya interview, emphasized that the US will listen instead of just dictating, that the US is committed to Arab-Israeli peace, and that we care about the quality of life of all people — in Israel and Palestine and everywhere else. And the statements that he has made — and that Powell made towards the end of the election — are, I hope, indicative of a new era in US-Arab relations.

Look, I’m normally one to be kind of skeptical of politicians. I know how campaigns work. I know federal government is bogged down by all kinds of bureacracy. And I certainly don’t mean to constantly heap praise on Obama on this blog all the time — I certainly don’t agree with everything he does and I didn’t even vote for him in the primaries.

But, it’s really hard not to be optimistic about the future of the relationship between the US and the Muslim world when we have a President that is committed to honestly, respectfully, engaging the Arab world and actually making progress in the Middle East.

The most important thing he can do is what he has already begun doing: changing the tone of the conversation to one of respect.

Nisha Chittal is a writer and journalist who currently serves as Associate Editor of CitizenJanePolitics.com and is a political columnist for UniversityChic.com. Her personal blog is Politicoholic, where she offers commentary on a range of topics, including but not limited to politics, technology, and the changing role of women and Generation Y in politics today.

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Does A Potential Obama Victory Have Investors Spooked?

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Does A Potential Obama Victory Have Investors Spooked?


Reprinted with permission from Israelnewsletter.com

Many reasons have been thrown around to the continued rout in global stocks. After all with 24/7 media, they need to have something to talk about. Bank failures, plugged up credit markets, as well as a general panic among investors are just some of the reasons given for the market slide. But what about the fact that Wall-Street may be on edge regarding a potential Obama presidency. Could it be that investors are worried that a Democratic president and Democratic controlled congress is a recipe for disaster?

Much has been made over the years about gridlock in Washington. Many of us believe that gridlock is good because nothing ends up getting done in Washington, which means that nothing can get screwed up. With a potential Democratic sweep, investors may be fretting about increased spending, increased taxes and increased intrusion into the lives of each and every one of us. After all the Obama policy of hope and change is innocent enough, but if it’s backed up by Nancy Pelosi et al. running with a majority in both houses, things could interesting.

Here is a chicken/egg one for you. Common wisdom has Obama surging ( I guess this is one surge he supports!) due to the current economic crisis. But could the market crash be a result of Obama’s poll surge, and the fact that investors are scared of a Democratic sweep?

Please see our Disclaimer HERE.

Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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Are We Close To An Economic Depression?

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Are We Close To An Economic Depression?


I spent a lot of time over the last day or two watching cable news and the feeling I got was that it’s over. Close up the shop because the US economy is about to enter a recession or even a depression. Even congressmen were using the dreaded ‘D” word, irresponsibly I may add. But is it really time to throw in the towel and declare the end of America as we know it? Is this just a ploy by the media to scare Americans into voting for a Messiah, who will then save the country from itself?

There is no question that the economy has some problems, namely a credit crunch, but Sec. Paulson’s plan will help relieve the crunch and open up credit flow. If you examine the economic data, we aren’t even close to the average recession. The amount of job loss pales in comparison to average job loss in recessionary times. the amount of banks that close is negligible compared to the hundreds that close during recessions. And I could go on and on. So why isn’t ‘main-street’ getting this information? Anyone notice that the usage of ‘main-street’ has taken on a life of its own?

What’s scary is the Democratic plan to save humanity. Capping salaries of private company CEO’s is not only illegal, but will scare them off from trying to purchase ‘toxic’ assets. Larry Kudlow had a brilliant point on the matter. He said, “And then there’s the ownership question. Some Democrats want Uncle Sam to take an ownership position in all the selling and purchasing banks. This is nuts. In America, this is nothing but property confiscation. It also will sharply curb buyers of the distressed assets.
You think Henry Kravis or Steve Schwarzman are gonna take a salary cap and lose an ownership share of the private-equity funds they themselves created and built? They shouldn’t and they won’t. And these funds are crucial to the new process. The only banks that will sell in this over-regulatory environment are the absolute, near-bankruptcy turkeys.”

Right on! He goes on to say that in the case of Fannie and Freddie and other companies bailed out by the government that in those cases you can feel free to pay the CEO along the lines of a high salary bureaucrat, but not the CEO of private company.

I think everyone needs to take a deep breath and get a bit of perspective. Things aren’t as bad as they are being made out to be. Pass Paulson’s plan, and allow the market to work the problems. My gut feeling is that if we do that, we are going to be in fro a bigtime economic boom.

Please see our Disclaimer HERE.

Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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Can a Mom be a Vice President? 3 Opinions

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Can a Mom be a Vice President? 3 Opinions


I find the whole argument about whether a ‘mom can be a VP’ to be quite obnoxious and sexist, and I am a man! There is no question that opening up a national dialogue about the role of a mother in society is very important, but so far most of arguments have been made with a political agenda at the forefront. Let’s forget about what I think, let’s take a look at a few blogs and see what other are saying.

Matt Lewis at Townhall.com says, “I’m honestly surprised that the media is questioning whether or not being a mom should disqualify someone from being vice president.  I wonder what Hillary Clinton thinks of how this story has turned.  She obviously felt the media were sexist — particularly MSNBC.  It also reminds me of Shirley Chisholm, who famously believed that her presidential chances were harmed more by being a woman than by being African-American.”

Over at Huffington Post, Hanna Ingber Win has an interesting take. She believes that women should be able pursue any career that they want to but she questions what kind of mother can work around the clock and still be a mother. She says, ” But running on a national ticket months after your child was born? Let alone a son who has Downs Syndrome and therefore under the best of circumstances is going to need every last bit of attention. How can one possibly be an involved and nurturing parent while campaigning in such a heated race? You can be a great mother and work. But you can’t be a great mother and work 80 hours a week. There is no way you are a great mother if you are not there.”

BTW- She also goes after Obama, who rightly preaches on the importance of father involvement with raising kids, on how he can be an involved father running for and hoping to be president.

OpMom keeps it simple. She says, “She is 44, the mother of five, her youngest is 4 months old and has down syndrome.  I am thinking this woman has better things to do with her time than campaign 24/7!”

Clearly the choice to have Gov. Palin as the republican VP candidate, has opened up a dialogue about a mother’s career choice. Let’s hope that sexism plays a lesser role and the dialogue can focus on the real issues.

Posted in Career, Inspiring Women, ParentingComments (3)

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