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<channel>
	<title>Just Average American</title>
	
	<link>http://www.justaverageamerican.com</link>
	<description>Discussing today's political and cultural issues</description>
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		<title>Precious In The Sight Of God</title>
		<link>http://www.justaverageamerican.com/2012/02/04/precious-in-the-sight-of-god/</link>
		<comments>http://www.justaverageamerican.com/2012/02/04/precious-in-the-sight-of-god/#comments</comments>
		<pubDate>Sat, 04 Feb 2012 17:10:33 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Core Values]]></category>
		<category><![CDATA[Religion]]></category>
		<category><![CDATA[drug violence]]></category>
		<category><![CDATA[Jerry Pomeroy]]></category>
		<category><![CDATA[John and Wanda Casias]]></category>
		<category><![CDATA[just average american]]></category>

		<guid isPermaLink="false">http://www.justaverageamerican.com/?p=1997</guid>
		<description><![CDATA[2 US missionaries slain at ransacked Mexico home
CHRISTOPHER SHERMAN, Associated Press
PORFIRIO IBARRA RAMIREZ, Associated Press






John  Casias, right, and his wife Wanda Casias are shown in this undated  photo provided by the Casias family.  The couple from Texas who moved to  a violence-plagued area of northern Mexico to run a Baptist church, [...]]]></description>
			<content:encoded><![CDATA[<p>2 US missionaries slain at ransacked Mexico home<br />
CHRISTOPHER SHERMAN, Associated Press<br />
PORFIRIO IBARRA RAMIREZ, Associated Press</p>
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<div>John  Casias, right, and his wife Wanda Casias are shown in this undated  photo provided by the Casias family.  The couple from Texas who moved to  a violence-plagued area of northern Mexico to run a Baptist church,  were found slain at their ransacked home Tuesday, Feb 1, 2011, in  Mexico.</div>
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<p>EL CERCADO, Mexico  (AP) — The bodies of John and Wanda Casias came one last time to the  Baptist church they founded in a violence-plagued region of northern  Mexico as mourners paid homage Thursday to the Texas couple who were  discovered strangled in their home.</p>
<p>More  than a dozen mourners passed to view the open caskets, one an American  who came from Texas because John Casias officiated at his wedding. He  did not want to give his name for security reasons.</p>
<p>Shawn  Casias said he discovered the body of his mother at about 4 p.m.  Tuesday when he went to their home in the town of Santiago to pick up a  trailer.</p>
<p>He said she was lying on the floor with an electrical cord around her neck and a gash from a blunt object on her head.</p>
<p>The  house had been ransacked and was missing a couple of computers, a  plasma television and a safe that had been chiseled out of the wall.</p>
<p>The couple&#8217;s Chevrolet Suburban was also missing, and Casias said he initially thought his father had been kidnapped.</p>
<p>But  about four or five hours later, he said, a forensic investigator  informed him that the body of his father had been found in a storage  room of a small building on the property. His father also had an  electrical cord around his neck.</p>
<p>John  and Wanda Casias were originally from Amarillo, Texas, but relatives  said they moved to an area outside the city of Monterrey in the late  1970s or early 1980s and First Fundamentalist Independent Baptist  Church.</p>
<p>Fighting  between the Zetas and Gulf drug cartels has brought a surge of violence  and other crimes to Monterrey and the surrounding region since 2010. In  poorer suburbs, entire blocks have been held up by gunmen and young  people snatched off the streets.</p>
<p>Another  son, John Casias, said his parents had devoted 29 years of their lives  to their ministry in Mexico and spent each day in prayer and saving  souls.</p>
<p>They  were well aware of the violence around them and the risks, but were so  secure in their faith that they did not fear it, he said.</p>
<p>They  spent Christmas with him in San Diego, and Casias said he told them,  &#8220;It&#8217;s getting kind of rough there&#8221; and offered to let them stay at his  home for awhile. They refused.</p>
<p>&#8220;We were called to Mexico,&#8221; Casias said his mother told him. &#8220;These are our people.&#8221;</p>
<p>Casias  said he hoped the bodies would return to the U.S. later Thursday. He  was organizing a service to be held at their home church in Lewisville,  Texas.</p>
<p>Shawn  Casias said a sister-in-law in Dallas had spoken to their mother around  11 a.m. Tuesday and everything was fine. So he believes there was about  a five-hour window when the killings could have occurred before he  showed up.</p>
<p>He  said the killers did not take everything they could have, leaving two  of the three TV sets. He said perhaps they were warned that he was  coming, because anyone watching the winding road approaching the home  could have alerted them.</p>
<p>&#8220;They&#8217;re scum. They&#8217;re not sophisticated,&#8221; he said.</p>
<p>Speaking  from his parents&#8217; home, about 95 miles (150 kilometers) southwest of  the Texas border, Casias said the house was burglarized two years ago  when the couple were on one of their periodic visits to the United  States to talk at churches about their work in Mexico.</p>
<p>&#8220;We&#8217;re  convinced that it&#8217;s somebody he knew,&#8221; Casias said of the killers. He  said authorities had some leads based on people seen around the home.</p>
<p>John  Casias was 76. He had recently priced a knee replacement because he  couldn&#8217;t walk more than 100 yards (100 meters) without having to sit  down, Shawn Casias said. Wanda Casias was 67.</p>
<p>Casias said his parents held services and prayer meetings at a church about 3 miles (5 kilometers) from their home.</p>
<p>The couple maintained a website, www.casias.org, with details of their lives and their missionary work</p>
<p>&#8220;The  only hope for the Mexican people today is Jesus in them, the HOPE of  glory,&#8221; they wrote in one dispatch from last summer. &#8220;I confess that  it&#8217;s getting easier to witness to the wealthy, at least they are  listening. The wealthy are fleeing to Canada and the USA for protection.  The only problem is that when they return to renew their visas the  cartel is waiting, and either kill them of (sic) kidnap them for  thousands of dollars, in some cases millions. The cartel has NO mercy or  value for life. They are ruthless murderers!&#8221;</p>
<p>It was the second slaying involving American missionaries in a year in the Mexican region bordering Texas.</p>
<p>In  January 2011, a Texas couple who had been doing missionary work in  Mexico for three decades were attacked at an illegal roadblock in one of  the country&#8217;s most violent areas.</p>
<p>Nancy  Davis, 59, was fatally shot in the head while her husband, Sam, sped  away from suspected drug cartel gunmen who may have wanted to steal  their pickup truck, authorities said.</p>
<p>The  Davises were driving along the two-lane road that connects the city of  San Fernando with the border city of Reynosa in the state of Tamaulipas,  which borders Nuevo Leon.</p>]]></content:encoded>
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		<item>
		<title>What’s Next? A New Ice Age!</title>
		<link>http://www.justaverageamerican.com/2012/01/29/whats-next-a-new-ice-age/</link>
		<comments>http://www.justaverageamerican.com/2012/01/29/whats-next-a-new-ice-age/#comments</comments>
		<pubDate>Sun, 29 Jan 2012 14:11:01 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Global Warming]]></category>
		<category><![CDATA[Al Gore]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Cycle 25]]></category>
		<category><![CDATA[David Rose]]></category>
		<category><![CDATA[Jerry Pomeroy]]></category>
		<category><![CDATA[just average american]]></category>

		<guid isPermaLink="false">http://www.justaverageamerican.com/?p=1995</guid>
		<description><![CDATA[Believe it or don&#8217;t, it&#8217;s getting colder:
Forget global warming &#8211; it&#8217;s Cycle 25 we need to worry about (and if  NASA scientists are right the Thames will be freezing over again)

Met Office releases new figures which show no warming in 15 years

By  David Rose, 29th January 2012
The supposed ‘consensus’ on  man-made global [...]]]></description>
			<content:encoded><![CDATA[<p>Believe it or don&#8217;t, it&#8217;s getting colder:</p>
<h1>Forget global warming &#8211; it&#8217;s Cycle 25 we need to worry about (and if  NASA scientists are right the Thames will be freezing over again)</h1>
<ul>
<li><span>Met Office releases new figures which show no warming in 15 years</span></li>
</ul>
<p>By  <a rel="nofollow" href="http://www.dailymail.co.uk/home/search.html?s=&amp;authornamef=David+Rose">David Rose</a>, 29th January 2012</p>
<p><span>The supposed ‘consensus’ on  man-made global warming is facing an inconvenient challenge after the  release of new temperature data showing the planet has not warmed for  the past 15 years.</span></p>
<p><span>The  figures suggest that we could even be heading for a mini ice age to  rival the 70-year temperature drop that saw frost fairs held on the  Thames in the 17th Century.</span></p>
<p><span>Based  on readings from more than 30,000 measuring stations, the data was  issued last week without fanfare by the Met Office and the University of  East Anglia Climatic Research Unit. It confirms that the rising trend  in world temperatures ended in 1997.</span></p>
<div><img src="http://i.dailymail.co.uk/i/pix/2012/01/28/article-2093264-117F2046000005DC-981_468x286.jpg" alt="A painting, dated 1684, by Abraham Hondius depicts one of many frost fairs on the River Thames during the mini ice age" width="468" height="286" />A painting, dated 1684, by Abraham Hondius depicts one of many frost fairs on the River Thames during the mini ice age</p>
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<p><span>Meanwhile, leading climate scientists  yesterday told The Mail on Sunday that, after emitting unusually high  levels of energy throughout the 20th Century, the sun is now heading  towards a ‘grand minimum’ in its output, threatening cold summers,  bitter winters and a shortening of the season available for growing  food.</span></p>
<p><span>Solar output goes through 11-year cycles, with high numbers of sunspots seen at their peak. </span></p>
<p><span>We  are now at what should be the peak of what scientists call ‘Cycle 24’ –  which is why last week’s solar storm resulted in sightings of the  aurora borealis further south than usual. But sunspot numbers are  running at less than half those seen during cycle peaks in the 20th  Century.</span></p>
<p><span>Analysis by  experts at NASA and the University of Arizona – derived from  magnetic-field measurements 120,000 miles beneath the sun’s surface –  suggest that Cycle 25, whose peak is due in 2022, will be a great deal  weaker still.<br />
</span></p>
<p><span>According to a paper  issued last week by the Met Office, there is a  92 per cent chance that  both Cycle 25 and those taking place in the following decades will be as  weak as, or weaker than, the ‘Dalton minimum’ of 1790 to 1830. In this  period, named after the meteorologist John Dalton, average temperatures  in parts of Europe fell by 2C.</span></p>
<p><span>However,  it is also possible that the new solar energy slump could be as deep as  the ‘Maunder minimum’ (after astronomer Edward Maunder), between 1645  and 1715 in the coldest part of the ‘Little Ice Age’ when, as well as  the Thames frost fairs, the canals of Holland froze solid. </span></p>
<div><img src="http://i.dailymail.co.uk/i/pix/2012/01/28/article-2093264-1180A4F1000005DC-28_468x286.jpg" alt="The world average temperature from 1997 to 2012" width="468" height="286" /></div>
<p><span>Yet, in its paper, the Met Office  claimed that the consequences now would be negligible – because the  impact of the sun on climate is far less than man-made carbon dioxide.  Although the sun’s output is likely to decrease until 2100, ‘This would  only cause a reduction in global temperatures of 0.08C.’ Peter Stott,  one of the authors, said: ‘Our findings suggest  a reduction of solar  activity to levels not seen in hundreds of years would be insufficient  to offset the dominant influence of greenhouse gases.’</span></p>
<p><span>These findings are fiercely disputed by other solar experts.</span></p>
<p><span>‘World  temperatures may end up a lot cooler than now for 50 years or more,’  said Henrik Svensmark, director of the Center for Sun-Climate Research  at Denmark’s National Space Institute. ‘It will take a long battle to  convince some climate scientists that the sun is important. It may well  be that the sun is going to demonstrate this on its own, without the  need for their help.’</span></p>
<p><span>He  pointed out that, in claiming the effect of the solar minimum would be  small, the Met Office was relying on the same computer models that are  being undermined by the current pause in global-warming. </span></p>
<p><span>CO2  levels have continued to rise without interruption and, in 2007, the  Met Office claimed that global warming was about to ‘come roaring back’.  It said that between 2004 and 2014 there would be an overall increase  of 0.3C. In 2009, it predicted that at least three of the years 2009 to  2014 would break the previous temperature record set in 1998. </span></p>
<div><img src="http://i.dailymail.co.uk/i/pix/2012/01/28/article-2093264-1180A549000005DC-715_468x290.jpg" alt="World solar activity cycles from 1749 to 2040" width="468" height="290" /></div>
<p><span>So far there is no sign of any of this happening. But yesterday a Met Office spokesman insisted its models were still valid.</span></p>
<p><span>‘The ten-year projection remains groundbreaking science. The period for the original projection is not over yet,’ he said. </span></p>
<p><span>Dr  Nicola Scafetta, of Duke University in North Carolina, is the author of  several papers that argue the Met Office climate models show there  should have been ‘steady warming from 2000 until now’. </span></p>
<p><span>‘If  temperatures continue to stay flat or start to cool again, the  divergence between the models and recorded data will eventually become  so great that the whole scientific community will question the current  theories,’ he said.</span></p>
<p><span>He  believes that as the Met Office model attaches much greater significance  to CO2 than to the sun, it was bound to conclude that there would not  be cooling. ‘The real issue is whether the model itself is accurate,’ Dr  Scafetta said. Meanwhile, one of America’s most eminent climate  experts, Professor Judith Curry of the  Georgia Institute of Technology,  said she found the Met Office’s confident prediction of a ‘negligible’  impact difficult to understand. </span></p>
<p><span>‘The  responsible thing to do would be to accept the fact that the models may  have severe shortcomings when it comes to the influence of the sun,’  said Professor Curry. As for the warming pause, she said that many  scientists ‘are not surprised’. </span></p>
<div><img src="http://i.dailymail.co.uk/i/pix/2012/01/28/article-2093264-1180A572000005DC-276_468x290.jpg" alt="Four hundred years of sunspot observations" width="468" height="290" /></div>
<p><span>She argued it is becoming evident that  factors other than CO2 play an important role in rising or falling  warmth, such as the 60-year water temperature cycles in the Pacific and  Atlantic oceans. </span></p>
<p><span>‘They have  insufficiently been appreciated in terms of global climate,’ said Prof  Curry. When both oceans were cold in the past, such as from 1940 to  1970, the climate cooled. The Pacific cycle ‘flipped’ back from warm to  cold mode in 2008 and the Atlantic is also thought likely to flip in the  next few years . </span></p>
<p><span>Pal  Brekke, senior adviser at the Norwegian Space Centre, said some  scientists found the importance of water cycles difficult to accept,  because doing so means admitting that the oceans – not CO2 – caused much  of the global warming between 1970 and 1997. </span></p>
<p><span>The same goes for the impact of the sun – which was highly active for much of the 20th Century. </span></p>
<p><span>‘Nature  is about to carry out a very interesting experiment,’ he said. ‘Ten or  15 years from now, we will be able to determine much better whether the  warming of the late 20th Century really was caused by man-made CO2, or  by natural variability.’</span></p>
<p><span>Meanwhile,  since the end of last year, world temperatures have fallen by more than  half a degree, as the cold ‘La Nina’ effect has re-emerged in the South  Pacific. </span></p>
<p><span>‘We’re now well  into the second decade of the pause,’ said Benny Peiser, director of the  Global Warming Policy Foundation. ‘If we don’t see convincing evidence  of global warming by 2015, it will start to become clear whether the  models are bunk. And, if they are, the implications for some scientists  could be very serious.’</span></p>]]></content:encoded>
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		<title>Calling For The Same Old Failures</title>
		<link>http://www.justaverageamerican.com/2012/01/25/calling-for-the-same-old-failures/</link>
		<comments>http://www.justaverageamerican.com/2012/01/25/calling-for-the-same-old-failures/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 14:29:04 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Campaign 2012]]></category>
		<category><![CDATA[Fraud Watch]]></category>
		<category><![CDATA[Obama Presidency]]></category>
		<category><![CDATA[Jerry Pomeroy]]></category>
		<category><![CDATA[just average american]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[State of the Union]]></category>

		<guid isPermaLink="false">http://www.justaverageamerican.com/?p=1993</guid>
		<description><![CDATA[When the Associated Press turns against a Democrat, you know there&#8217;s cause for concern. Falsehoods and distortions dominated Obama&#8217;s State of the Union message:
FACT CHECK: Obama pushes plans that flopped before
















 Jan 24, 11:16 PM
By CALVIN WOODWARD















(AP) President Barack Obama delivers his State of the Union address on Capitol Hill in Washington,&#8230;
Full Image























Google sponsored links










TurboTax® [...]]]></description>
			<content:encoded><![CDATA[<p><strong>When the Associated Press turns against a Democrat, you know there&#8217;s cause for concern. Falsehoods and distortions dominated Obama&#8217;s State of the Union message:</strong></p>
<p><span style="font-family: Verdana,Sans-serif; color: #000000; font-size: x-small;"><strong>FACT CHECK: Obama pushes plans that flopped before</strong></span><span style="font-size: xx-small;"><br />
</span></p>
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<p><span style="font-family: Verdana,Sans-serif;"> <span style="font-size: xx-small;">Jan 24, 11:16 PM</p>
<p></span><span style="font-size: x-small;">By CALVIN WOODWARD</span></p>
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<td><a href="http://apnews.myway.com/image/20120124/Obama_State_of_the_Union.sff_WX126_20120124214236.html?date=20120125&amp;docid=D9SFO48G0"><img src="http://ak.imgfarm.com/images/ap/thumbnails//Obama_State_of_the_Union.sff_WX126_20120124214236.jpg" border="0" alt="" hspace="4" vspace="4" /></a></td>
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<td><span style="font-family: Verdana,Sans-serif; color: #000000; font-size: xx-small;">(AP) President Barack Obama delivers his State of the Union address on Capitol Hill in Washington,&#8230;<br />
<a href="http://apnews.myway.com/image/20120124/Obama_State_of_the_Union.sff_WX126_20120124214236.html?date=20120125&amp;docid=D9SFO48G0"><span style="color: #3366cc;">Full Image</span></a></span></td>
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<div><span style="color: black; font-size: x-small;">WASHINGTON (AP) &#8211; It was a wish list, not a to-do list.</p>
<p>President Barack Obama laid out an array of plans in his State of the  Union speech as if his hands weren&#8217;t so tied by political realities.  There can be little more than wishful thinking behind his call to end  oil industry subsidies &#8211; something he could not get through a Democratic  Congress, much less today&#8217;s divided Congress, much less in this  election year.</p>
<p>And there was more recycling, in an even more forbidding climate than  when the ideas were new: He pushed for an immigration overhaul that he  couldn&#8217;t get past Democrats, permanent college tuition tax credits that  he asked for a year ago, and familiar discouragements for companies that  move overseas.</p>
<p>A look at Obama&#8217;s rhetoric Tuesday night and how it fits with the facts and political circumstances:</p>
<p>OBAMA: &#8220;We have subsidized oil companies for a century. That&#8217;s long  enough. It&#8217;s time to end the taxpayer giveaways to an industry that&#8217;s  rarely been more profitable, and double-down on a clean energy industry  that&#8217;s never been more promising.&#8221;</p>
<p>THE FACTS: This is at least Obama&#8217;s third run at stripping subsidies  from the oil industry. Back when fellow Democrats formed the House and  Senate majorities, he sought $36.5 billion in tax increases on oil and  gas companies over the next decade, but Congress largely ignored the  request. He called again to end such tax breaks in last year&#8217;s State of  the Union speech. And he&#8217;s now doing it again, despite facing a wall of  opposition from Republicans who want to spur domestic oil and gas  production and oppose tax increases generally.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;Our health care law relies on a reformed private market, not a government program.&#8221;</p>
<p>THE FACTS: That&#8217;s only half true. About half of the more than 30 million  uninsured Americans expected to gain coverage through the health care  law will be enrolled in a government program. Medicaid, the  federal-state program for low-income people, will be expanded starting  in 2014 to cover childless adults living near the poverty line.</p>
<p>The other half will be enrolled in private health plans through new  state-based insurance markets. But many of them will be receiving  federal subsidies to make their premiums more affordable. And that&#8217;s a  government program, too.</p>
<p>Starting in 2014 most Americans will be required to carry health  coverage, either through an employer, by buying their own plan, or  through a government program.</p>
<p>&#8212;</p>
<p>OBAMA, asking Congress to pay for construction projects: &#8220;Take the money  we&#8217;re no longer spending at war, use half of it to pay down our debt,  and use the rest to do some nation-building right here at home.&#8221;</p>
<p>THE FACTS: The idea of taking war &#8220;savings&#8221; to pay for other programs is  budgetary sleight of hand. For one thing, the wars in Iraq and  Afghanistan have been largely financed through borrowing, so stopping  the wars doesn&#8217;t create a pool of ready cash, just less debt. And the  savings appear to be based at least in part on inflated war spending  estimates for future years.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;Through the power of our diplomacy a world that was once divided  about how to deal with Iran&#8217;s nuclear program now stands as one.&#8221;</p>
<p>THE FACTS: The world is still divided over how to deal with Iran&#8217;s  disputed nuclear program, and even over whether the nuclear program is a  problem at all.</p>
<p>It is true that the U.S., Europe and other nations have agreed to apply  the strictest economic sanctions yet on Iran later this year. But the  global sanctions net has holes, because some of Iran&#8217;s large oil trading  partners won&#8217;t go along. China, a major purchaser of Iran&#8217;s crude,  isn&#8217;t part of the new sanctions and, together with Russia, stopped the  United Nations from applying similarly tough penalties.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;Tonight, I want to speak about how we move forward, and lay out a  blueprint for an economy that&#8217;s built to last &#8211; an economy built on  American manufacturing, American energy, skills for American workers,  and a renewal of American values.&#8221;</p>
<p>THE FACTS: Economists do see manufacturing growth as a necessary  component of any U.S. recovery. U.S. manufacturing output climbed 0.9  percent in December, the biggest gain since December 2010. Yet Obama&#8217;s  apparent vision of a nation once again propelled by manufacturing &#8211; a  vision shared by many Republicans &#8211; may already have slipped into the  past.</p>
<p>Over generations, the economy has become ever more driven by services;  not since 1975 has the U.S. had a surplus in merchandise trade, which  covers trade in goods, including manufactured and farm goods. About 90  percent of American workers are employed in the service sector, a  profound shift in the nature of the workforce over many decades.</p>
<p>The overall trade deficit through the first 11 months of 2011 ran at an  annual rate of nearly $600 billion, up almost 12 percent from the year  before.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;The Taliban&#8217;s momentum has been broken, and some troops in Afghanistan have begun to come home.&#8221;</p>
<p>THE FACTS: Obama is more sanguine about progress in Afghanistan than his  own intelligence apparatus. The latest National Intelligence Estimate  on Afghanistan warns that the Taliban will grow stronger, using  fledgling talks with the U.S. to gain credibility and stall until U.S.  troops leave, while continuing to fight for more territory. The  classified assessment, described to The Associated Press by officials  who have seen it, says the Afghan government hasn&#8217;t been able to  establish credibility with its people, and predicts the Taliban and  warlords will largely control the countryside.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;On the day I took office, our auto industry was on the verge of  collapse. Some even said we should let it die. With a million jobs at  stake, I refused to let that happen. In exchange for help, we demanded  responsibility. We got workers and automakers to settle their  differences. We got the industry to retool and restructure. Today,  General Motors is back on top as the world&#8217;s number one automaker.  Chrysler has grown faster in the U.S. than any major car company.  Ford  is investing billions in U.S. plants and factories.&#8221;</p>
<p>THE FACTS: He left out some key details. The bailout of General Motors  and Chrysler began under Republican President George W. Bush. Obama  picked up the ball, earmarked more money, and finished the job. But Ford  never asked for a federal bailout and never got one.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;We can also spur energy innovation with new incentives. The  differences in this chamber may be too deep right now to pass a  comprehensive plan to fight climate change. But there&#8217;s no reason why  Congress shouldn&#8217;t at least set a clean energy standard that creates a  market for innovation.&#8221;</p>
<p>THE FACTS: With this statement, Obama was renewing a call he made last  year to require 80 percent of the nation&#8217;s electricity to come from  clean energy sources by 2035, including nuclear, natural gas and  so-called clean coal. He did not put that percentage in his speech but  White House background papers show that it remains his goal.</p>
<p>But this Congress has yet to introduce a bill to make that goal a  reality, and while legislation may be introduced this year, it is  unlikely to become law with a Republican-controlled House that loathes  mandates.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;Right now, because of loopholes and shelters in the tax code, a  quarter of all millionaires pay lower tax rates than millions of  middle-class households.&#8221;</p>
<p>THE FACTS: It&#8217;s true that a minority of millionaires pay a lower tax  rate than some lower-income people. On average, though, wealthy people  pay taxes at a much higher rate than middle-income taxpayers.</p>
<p>Obama&#8217;s claim comes from a Congressional Research Service report that  compared federal taxes paid by people making less than $100,000 with  those paid by people making more than $1 million. About 10 percent of  families with incomes under $100,000 paid more than 26.5 percent in  federal income, payroll and corporate taxes. And about a quarter of  millionaire taxpayers paid a rate lower than that.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;We can&#8217;t bring back every job that&#8217;s left our shores&#8230;.  Tonight, my message to business leaders is simple:  Ask yourselves what  you can do to bring jobs back to your country, and your country will do  everything we can to help you succeed.&#8221;</p>
<p>FACT CHECK: Many of the jobs U.S. companies have created overseas won&#8217;t  return because they were never in the United States in the first place.</p>
<p>As Obama said in his speech, U.S. workers have become more productive and labor costs have fallen.</p>
<p>But there are powerful forces pushing the other way: Many of the  overseas jobs in U.S. companies weren&#8217;t transferred from the U.S. They  were created in fast-growing markets in Latin America, Asia and  elsewhere to serve customers in those markets. Companies in the Standard  &amp; Poor&#8217;s 500 index now earn more than half of their revenue from  overseas.</p>
<p>That has fueled more job creation abroad. U.S. multinationals cut more  than 800,000 jobs in the United States from 2000 to 2009, according the  Commerce Department. They added 2.9 million overseas in the same period.</p>
<p>&#8212;</p>
<p>OBAMA: &#8220;Anyone who tells you that America is in decline or that our  influence has waned doesn&#8217;t know what they&#8217;re talking about &#8230; That&#8217;s  not how people feel from Tokyo to Berlin; from Cape Town to Rio; where  opinions of America are higher than they&#8217;ve been in years.&#8221;</p>
<p>THE FACTS: Obama left out Arab and Muslim nations, where popular opinion  of the U.S. appears to have gone downhill or remained unchanged after  the spring 2011 reformist uprisings in the Middle East. A Pew Research  Center survey in May found that in predominantly Muslim countries such  as Turkey, Jordan and Pakistan, views of the U.S. were worse than a year  earlier. In Pakistan, a major recipient of U.S. foreign aid that went  unmentioned in Obama&#8217;s speech, just 11 percent of respondents said they  held a positive view of the United States.</p>
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		<title>The Truth About Mitt Romney and Bain</title>
		<link>http://www.justaverageamerican.com/2012/01/19/the-truth-about-mitt-romney-and-bain/</link>
		<comments>http://www.justaverageamerican.com/2012/01/19/the-truth-about-mitt-romney-and-bain/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 21:58:39 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Campaign 2012]]></category>
		<category><![CDATA[Liberal Hypocrisy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Ampad]]></category>
		<category><![CDATA[Bain Capital]]></category>
		<category><![CDATA[Jerry Pomeroy]]></category>
		<category><![CDATA[just average american]]></category>
		<category><![CDATA[Marion]]></category>
		<category><![CDATA[Mitt Romney]]></category>
		<category><![CDATA[Randy Johnson]]></category>
		<category><![CDATA[Ted Kennedy]]></category>

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		<description><![CDATA[As usual, Ann Coulter must reveal what Obama&#8217;s lackeys in the mainstream media will not. Read on for the bottom line about Mitt and Bain:
STRONGEST CASE AGAINST ROMNEY A FEW SHEETS SHORT OF A REAM
January 18, 2012
Mitt Romney has spent more than 20 years in private enterprise,  making thousands of business decisions affecting hundreds [...]]]></description>
			<content:encoded><![CDATA[<p><strong>As usual, Ann Coulter must reveal what Obama&#8217;s lackeys in the mainstream media will not. Read on for the bottom line about Mitt and Bain:</strong></p>
<h3>STRONGEST CASE AGAINST ROMNEY A FEW SHEETS SHORT OF A REAM</h3>
<div>January 18, 2012</div>
<p>Mitt Romney has spent more than 20 years in private enterprise,  making thousands of business decisions affecting hundreds of companies  that led to more than 100,000 new jobs and billions of dollars for  employees and investors. So you can see why the left despises him.</p>
<p>Among Romney&#8217;s thousands of business decisions, the one I  gather his opponents consider his absolute worst was the decision to  close a paper plant in Marion, Ind. Which wasn&#8217;t his decision at all.</p>
<p>It was labor trouble at the Marion plant of a Bain-acquired  company, Ampad, that formed the basis of Teddy Kennedy&#8217;s desperate  11th-hour attack on Romney in their 1994 Senate competition. Plant  worker Randy Johnson was featured in Kennedy campaign commercials  against Romney and disgruntled workers were lavished with Dickensian  lachrymosity in The Boston Globe.</p>
<p>In the current presidential campaign, Democrats &#8212; and some  Republicans &#8212; have returned to Ampad and the Marion plant as their case  in chief against Romney.</p>
<p>The &#8220;King of Bain&#8221; movie that a pro-Newt Gingrich super-pac  just bought with money donated by a gambling magnate (with money  acquired honestly in the open market from people driven by their  gambling addictions) cites only one company closed by Bain when Romney  was even there.</p>
<p>Guess which one? That&#8217;s right: Ampad.</p>
<p>The Democratic National Committee has retained Johnson to go on  tour in order to more fulsomely describe the horrors perpetrated by  Bain Capital on workers at that plant. As salt-of-the-earth Johnson  explains, he lost his job at Ampad because Romney &#8220;didn&#8217;t care about the  worker.&#8221;</p>
<p>It is beyond journalistic malpractice for media outlets  showcasing the bitter and lying Johnson to neglect to mention that he  was the union president who led the strike that forced Ampad to close  the plant.</p>
<p>And yet The New York Times, MSNBC and others who have  publicized Johnson&#8217;s sob story regularly refuse to convey that crucial  fact. This would be as if a judge excluded the fact that the defense&#8217;s  principal witness is the defendant&#8217;s mother.</p>
<p>By 1994, the unionized Marion plant was becoming a losing  operation to every company that owned it. It was a paper plant, and in  the early 1990s, the paper business was beginning to go the way of the  buggy whip, as the world became computerized.</p>
<p>(Randy Johnson suffered? Paper magnate Peter Brant nearly lost Stephanie Seymour over the collapse of the paper market.)</p>
<p>Bain Capital specialized in rescuing troubled companies, so in  1992, it bought the faltering paper-based office products business,  Ampad, from the Mead paper company. Far from shutting down Ampad, Bain  started buying up more firms in the industry to add to Ampad&#8217;s  portfolio, hoping to create efficiencies and synergies.</p>
<p>In July 1994, Bain-controlled Ampad bought Smith-Corona&#8217;s struggling paper business &#8212; home to the famed Marion plant.</p>
<p>(Despite shedding its paper business, Smith-Corona went  bankrupt the next year. Nobody uses typewriters anymore. Ironically, a  century earlier, people said Smith-Corona typewriters would never  replace the pen. They probably railed against Smith-Corona as &#8220;vulture  capitalists&#8221; destroying the pen industry.)</p>
<p>Seeking to succeed where Smith-Corona had failed, Bain&#8217;s Ampad  sought to renegotiate a suicide pact-union contract at the Marion plant.  But instead of renegotiating, union president Randy Johnson thought it  would be a great idea to immediately go on strike.</p>
<p>As long as the nation is still in the fifth stage of grief over  Steve Jobs&#8217; death, with gushing tributes to his contributions to our  wonderful new world of computerized books, letters, memos, newspapers,  CDs and classified ads, ask yourselves: Would the mid-1990s have been a  good time for workers in an industry made vulnerable by the new,  paperless information age to stage a long, acrimonious strike?</p>
<p>Union president Randy Johnson thought it was. The Democrats (and some Republicans) apparently do, too.</p>
<p>Romney wasn&#8217;t even at Bain during Ampad&#8217;s acquisition of the  Smith-Corona business, much less for the strike at the Marion plant. He  was on a leave of absence from Bain to run against Sen. Ted Kennedy.  Nonetheless, a dozen workers fired from Ampad&#8217;s Marion plant showed up  in Massachusetts to bird-dog Romney in the final months of his campaign.</p>
<p>It worked. Romney&#8217;s lead disappeared and, after celebrating  with a few cocktails, Kennedy returned to the Senate to continue  wrecking the country.</p>
<p>About six months later, Ampad closed the Marion plant for good.  As Ampad&#8217;s president, Charles Hanson, explained at the time, the  company had &#8220;sustained severe economic damage as a result of our  inability to manufacture products at our Marion plant.&#8221; Apparently, the  only thing this ruthless capitalist lackey cared about was that the  factory actually produce product!</p>
<p>In any event, it&#8217;s highly unlikely that Bain would have  anything to do with a day-to-day management decision to close a plant,  anyway.</p>
<p>Bain led Ampad to thrive over the next few years, buying up  more companies in 1995, hiring more workers and making investors nearly  $100 million. By 1996, Ampad was being described in Chief Executive  magazine as &#8220;a stronger, profitable competitor in a consolidating &#8212; and  reviving &#8212; domestic industry.&#8221;</p>
<p>Alas, people kept using those damn computers and shopping for  discount paper at Staples and similar stores, and in 1999, Ampad had to  file for bankruptcy protection.</p>
<p>Contrary to every single news report on Bain&#8217;s involvement with  Ampad, Bain did not drive the company to bankruptcy by looting it. To  the contrary, Bain built up the company, added other companies to it,  turned it into a &#8220;profitable competitor&#8221; that paid handsome dividends  for a few years. (And by the way, the company would have gone bankrupt a  lot sooner if it hadn&#8217;t closed down the non-producing Marion plant.)</p>
<p>But in the end, that wasn&#8217;t enough.</p>
<p>If years of furious acquisition, followed by bankruptcy nearly a  decade later had been Bain&#8217;s secret plan all along, Bain would be the  most ham-fisted looter in history.</p>
<p>Politicians&#8217; morbid fear of technological advances in the free  market has real-world consequences. You will recall that the mainstream  media-adored FBI agent Colleen Rowley&#8217;s main indictment of the bureau  after 9/11 was that the FBI had really old computers, preventing it from  anticipating the greatest terrorist attack in world history.</p>
<p>In response to Rowley&#8217;s charges, for example, the Times&#8217;  Maureen Dowd denounced federal law enforcement agencies for being  &#8220;antiquated,&#8221; &#8220;inept&#8221; and &#8220;bloated.&#8221; (She also said: &#8220;I want to see some  agents lose their jobs.&#8221; Maureen Dowd: Inadvertent Romney Supporter.)</p>
<p>Of course, if the Democrats, Newt Gingrich and Rick Perry were  running things, the FBI would still be using paper and pens &#8212; maybe  quill pens &#8212; all in order to save Randy Johnson&#8217;s union job! Instead of  a Xerox machine, they&#8217;d have a monk in the back room creating copies of  documents by hand so as not to be accused of &#8220;vulture capitalism&#8221; for  eliminating the monk&#8217;s job.</p>
<p>I don&#8217;t know how Mitt Romney is supposed to explain free market  capitalism to career politicians, much less describe the intricacies of  a thousand business decisions in two minutes during a debate.</p>
<p>But we know that Bain&#8217;s acquisition of Ampad is the left&#8217;s best  shot against Romney&#8217;s business career. We may presume they don&#8217;t have  anything better, or we&#8217;d be hearing about it.</p>
<p>The anti-Romney hysterics don&#8217;t get to come back later with  another company allegedly looted by Bain that I&#8217;ll have to spend another  week researching. Henceforth, I shall refer you back to the Ampad  example &#8212; their smoking gun &#8212; which, as we have seen, is not even a  water pistol.</p>]]></content:encoded>
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		<title>Your Future</title>
		<link>http://www.justaverageamerican.com/2012/01/13/your-future/</link>
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		<pubDate>Fri, 13 Jan 2012 17:35:48 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Budgets]]></category>
		<category><![CDATA[Campaign 2012]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Government Blunders]]></category>
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		<category><![CDATA[Jerry Pomeroy]]></category>
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		<category><![CDATA[national debt]]></category>
		<category><![CDATA[Obama]]></category>

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		<description><![CDATA[If you are under 40, here&#8217;s what you get to inherit as we boomers die off:
Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined




By Terence P.  Jeffrey
January 13, 2012




President Barack Obama and Treasury Secretary Tim Geithner (AP Photo/Gerald Herbert)

(CNSNews.com) &#8211; President Barack Obama has been increasing [...]]]></description>
			<content:encoded><![CDATA[<p><strong>If you are under 40, here&#8217;s what you get to inherit as we boomers die off:</strong></p>
<h1 id="page-title">Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined</h1>
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<div>By <a href="http://cnsnews.com/source/terence-p-jeffrey-0">Terence P.  Jeffrey</a></div>
<div>January 13, 2012</div>
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<div><a title="Barack Obama, Tim Geithner" href="http://cnsnews.com/image/barack-obama-tim-geithner-0" class="broken_link" ><img title="Barack Obama, Tim Geithner" src="http://cnsnews.com/sites/default/files/imagecache/medium/images/OBAMA%20GEITHNER-AP%20GERALD%20HERBERT%20%202009.jpg" alt="Barack Obama, Tim Geithner" width="220" height="159" /></a>President Barack Obama and Treasury Secretary Tim Geithner (AP Photo/Gerald Herbert)</p>
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<p>(CNSNews.com) &#8211; President Barack Obama has been increasing the  national debt during his presidency by an average of $4.24 billion per  day ($4,240,506,004.34) putting him on a pace to increase the national  debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on  Jan. 20, 2013, according to the <a href="http://www.treasurydirect.gov/NP/BPDLogin?application=np">debt figures</a> published by the U.S. Treasury.</p>
<p>That $6.2 trillion is more debt than was accumulated by all U.S.  presidents from George Washington through Bill Clinton combined.</p>
<p>In fact, the U.S. national debt did not eclipse the $6.195 trillion  level—the amount Obama is on pace to increase it in one term—until  August 19, 2002, during President George W. Bush’s second year of  office.</p>
<p>The national debt was $10.6 trillion ($10,626,877,048,913.08) on Jan.  20, 2009, the day Obama was inaugurated. As of the close of business on  Jan. 11, 2012, it was $15.2 trillion ($15,236,307,075,631.58.) In  Obama’s first 1,087 days in office, the debt increased $4.6 trillion  ($4,609,430,026,718.50)—or an increase of $4.24 billion  ($4,240,506,004.34) per day.</p>
<p>At that daily rate, the debt would increase a total of $6.2 trillion  ($6,195,379,272,340.74) over the entire 1,461 days of Obama’s four year  term.</p>
<p>At the close of business Aug. 19, 2002, the total national debt was $6.195 trillion.</p>]]></content:encoded>
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		<title>The Upside Of Greed</title>
		<link>http://www.justaverageamerican.com/2012/01/09/the-upside-of-greed/</link>
		<comments>http://www.justaverageamerican.com/2012/01/09/the-upside-of-greed/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 14:49:23 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Best Of the Web]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[greed]]></category>
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		<category><![CDATA[the decade of greed]]></category>
		<category><![CDATA[Walter Williams]]></category>

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		<description><![CDATA[Finally, a thinking man addresses greed. Thank you Walter Williams!

I Love Greed


 



Jan 04,  2012











What human motivation gets the most wonderful things done? It&#8217;s  really a silly question, because the answer is so simple. It turns out  that it&#8217;s human greed that gets the most wonderful things done. When I  say [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Finally, a thinking man addresses greed. Thank you Walter Williams!</strong></p>
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<h1>I Love Greed</h1>
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<li> <a href="http://townhall.com/columnists/walterewilliams/"><img src="http://media.townhall.com/Townhall/ColPics/Williams.jpg" alt="Walter E. Williams" /></a></li>
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<div>Jan 04,  2012</div>
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<p>What human motivation gets the most wonderful things done? It&#8217;s  really a silly question, because the answer is so simple. It turns out  that it&#8217;s human greed that gets the most wonderful things done. When I  say greed, I am not talking about fraud, theft, dishonesty, lobbying for  special privileges from government or other forms of despicable  behavior. I&#8217;m talking about people trying to get as much as they can for  themselves. Let&#8217;s look at it.</p>
<p>This winter, Texas ranchers may have to fight the cold of night,  perhaps blizzards, to run down, feed and care for stray cattle. They  make the personal sacrifice of caring for their animals to ensure that  New Yorkers can enjoy beef. Last summer, Idaho potato farmers toiled in  blazing sun, in dust and dirt, and maybe being bitten by insects to  ensure that New Yorkers had potatoes to go with their beef.</p>
<p>Here&#8217;s my question: Do you think that Texas ranchers and Idaho potato  farmers make these personal sacrifices because they love or care about  the well-being of New Yorkers? The fact is whether they like New Yorkers  or not, they make sure that New Yorkers are supplied with beef and  potatoes every day of the week. Why? It&#8217;s because ranchers and farmers  want more for themselves. In a free market system, in order for one to  get more for himself, he must serve his fellow man. This is precisely  what Adam Smith, the father of economics, meant when he said in his  classic &#8220;An Inquiry Into the Nature and Causes of the Wealth of Nations&#8221;  (1776), &#8220;It is not from the benevolence of the butcher, the brewer, or  the baker, that we expect our dinner, but from their regard to their own  interest.&#8221; By the way, how much beef and potatoes do you think New  Yorkers would enjoy if it all depended upon the politically correct  notions of human love and kindness? Personally, I&#8217;d grieve for New  Yorkers. Some have suggested that instead of greed, I use &#8220;enlightened  self-interest.&#8221; That&#8217;s OK, but I prefer greed.</p>
<p>Free market capitalism is relatively new in human history. Prior to  the rise of capitalism, the way people amassed great wealth was by  looting, plundering and enslaving their fellow man. Capitalism made it  possible to become wealthy by serving one&#8217;s fellow man. Capitalists seek  to discover what people want and then produce it as efficiently as  possible. Free market capitalism is ruthless in its profit and loss  discipline. This explains much of the hostility toward free market  capitalism; some of it is held by businessmen. Smith recognized this  hostility when he said, &#8220;People of the same trade seldom meet together,  even for merriment and diversion, but the conversation ends in a  conspiracy against the public, or in some contrivance to raise prices.&#8221;  He was hinting at government-backed crony capitalism, which has come to  characterize much of today&#8217;s businesses.</p>
<p>Free market capitalism has other enemies &#8212; mostly among the  intellectual elite and political tyrants. These are people who believe  that they have superior wisdom to the masses and that God has ordained  them to forcibly impose that wisdom on the rest of us. Of course, they  have what they consider to be good reasons for restricting liberty, but  every tyrant who has ever lived has had what he considered good reason  for restricting liberty. A tyrant&#8217;s agenda calls for the attenuation or  the elimination of the market and what is implied by it &#8212; voluntary  exchange. Tyrants do not trust that people acting voluntarily will do  what the tyrant thinks they should do. They want to replace the market  with economic planning and regulation.</p>
<p>The Wall Street occupiers and their media and political allies are  not against the principle of crony capitalism, bailouts and government  special privileges and intervention. They share the same hostility to  free market capitalism and peaceable voluntary exchange as tyrants. What  they really want is congressional permission to share in the booty from  looting their fellow man.</p>
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		<title>One Track Mind</title>
		<link>http://www.justaverageamerican.com/2012/01/06/one-track-mind/</link>
		<comments>http://www.justaverageamerican.com/2012/01/06/one-track-mind/#comments</comments>
		<pubDate>Fri, 06 Jan 2012 13:51:51 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Budgets]]></category>
		<category><![CDATA[Campaign 2012]]></category>
		<category><![CDATA[Government Blunders]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Ana Matosantos]]></category>
		<category><![CDATA[Jerry Brown]]></category>
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		<category><![CDATA[Standard & Poors]]></category>

		<guid isPermaLink="false">http://www.justaverageamerican.com/?p=1985</guid>
		<description><![CDATA[So California&#8217;s Governor Jerry Brown wants to raise taxes? What&#8217;s new? America&#8217;s political reality is, no matter how much revenue flows to governments, it&#8217;s never enough. At least with this proposed tax increase the voters can say &#8220;No!&#8221; 
Brown Seeks 7% California Spending Boost
 By           [...]]]></description>
			<content:encoded><![CDATA[<p><strong>So California&#8217;s Governor Jerry Brown wants to raise taxes? What&#8217;s new? America&#8217;s political reality is, no matter how much revenue flows to governments, it&#8217;s never enough. At least with this proposed tax increase the voters can say &#8220;No!&#8221; </strong></p>
<h1>Brown Seeks 7% California Spending Boost</h1>
<div id="story_meta"><cite> By                     Michael B. Marois and James Nash                  &#8211;                                  Jan 5, 2012 4:51 PM PT </cite></div>
<div><a rel="#137057" href="http://www.bloomberg.com/photo/jerry-brown-governor-of-california-/137057.html" target="_blank"> <img src="http://www.bloomberg.com/image/i1T8W7Ehm_vI.jpg" alt="Jerry Brown, Governor of California " /> </a></p>
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<p>California Governor Jerry Brown  said he’ll spend much of 2012 campaigning for a ballot initiative to  boost income taxes on those earning at least $250,000 and raise levies  on sales to 7.75 percent from 7.25 percent, to erase the most-populous  state’s $13 billion budget deficit. Photo: Justin Sullivan/Getty Images</p>
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<p><a title="Get Quote" href="http://www.bloomberg.com/apps/quote?ticker=STOCA1:US">California (STOCA1)</a> Governor <a href="http://topics.bloomberg.com/jerry-brown/">Jerry Brown</a> proposed $92.6 billion in spending for the year starting in July, an increase of about 7 percent, which will count on voters approving $7 billion of higher taxes in November.</p>
<p>The spending plan foresees a deficit of $9.2 billion through the next 18 months. Almost half of that is in the current fiscal year, he said. He called for $4.2 billion in cuts, mostly to welfare and programs for the poor. If the tax increase isn’t passed, Brown’s plan would cut another $4.8 billion in support for public schools and community colleges.</p>
<p>“The <a title="Get Quote" href="http://www.bloomberg.com/apps/quote?ticker=STOCA1:US">state of California (STOCA1)</a> is a very generous, compassionate political jurisdiction,” <em><strong>[generous with other peoples money]</strong></em> Brown said. “When we have to cut spending,  that spending is going to come from programs that are doing a lot of good. It’s not nice. We don’t like it. But the economy and tax statutes of <a href="http://topics.bloomberg.com/california/">California</a> make just so much money available.”</p>
<p>Brown, a 73-year-old Democrat, wants to raise income taxes on individuals making at least $250,000 a year to 10.3 percent from 9.3 percent, and would boost sales levies to 7.75 percent from 7.25 percent.</p>
<p>The most-populous state cut aid last year to universities, shifted responsibility for nonviolent prisoners to counties and dissolved local redevelopment agencies. Last month, Brown had to make $1 billion in additional cuts he built into the current year’s budget after <strong>revenue fell below his estimates. [Because productive Californians are leaving the state!]<br />
</strong></p>
<h2>Early Release</h2>
<p>Brown had been scheduled to release his general-fund budget Jan. 10, but was forced to unveil it today after it was inadvertently posted to the Finance Department’s website.</p>
<p>The spending plan assumes the state will sell about $5.2 billion of municipal bonds through December, said Brown’s finance chief, Ana Matosantos.</p>
<p>California is <a href="http://topics.bloomberg.com/standard-%26-poor%27s/">Standard &amp; Poor’s</a><strong> lowest-rated state,</strong> at A-, six levels below AAA. Moody’s Investment Service grades it A1, four steps below the top rating, tied with <a title="Get Quote" href="http://www.bloomberg.com/apps/quote?ticker=STOIL1:US">Illinois (STOIL1)</a> for the worst <a href="http://topics.bloomberg.com/credit-rating/">credit rating</a> among states.</p>
<p>California debt yields about 1.11 percentage points more than top-rated municipal debt, compared with a peak <a title="Get Quote" href="http://www.bloomberg.com/apps/quote?ticker=165M10Y:IND">yield spread (165M10Y)</a> in the past year of 1.47 percentage points in June, according to data compiled by Bloomberg.</p>]]></content:encoded>
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		<title>Starting the New Year Wrong</title>
		<link>http://www.justaverageamerican.com/2011/12/27/starting-the-new-year-wrong/</link>
		<comments>http://www.justaverageamerican.com/2011/12/27/starting-the-new-year-wrong/#comments</comments>
		<pubDate>Tue, 27 Dec 2011 18:57:17 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Budgets]]></category>
		<category><![CDATA[Campaign 2012]]></category>
		<category><![CDATA[Government Blunders]]></category>
		<category><![CDATA[Obama Presidency]]></category>
		<category><![CDATA[debt limit]]></category>
		<category><![CDATA[Jerry Pomeroy]]></category>
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		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Treasury]]></category>

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		<description><![CDATA[Is anybody listening? How long will we let this go on?
Obama to ask for debt limit hike: Treasury official



WASHINGTON &#124;          Tue Dec 27, 2011 11:33am EST

(Reuters) &#8211; The White House plans to  ask Congress by the end of the week for an increase in the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Is anybody listening? How long will we let this go on?</strong></p>
<h1>Obama to ask for debt limit hike: Treasury official</h1>
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<div id="articleImage"><img src="http://s1.reutersmedia.net/resources/r/?m=02&amp;d=20111227&amp;t=2&amp;i=551600884&amp;w=460&amp;fh=&amp;fw=&amp;ll=&amp;pl=&amp;r=BTRE7BQ16SV00" border="0" alt="U.S. President Barack Obama talks to the press after signing into law a two-month payroll tax cut extension at the White House in Washington December 23, 2011. REUTERS/Larry Downing" /></div>
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<p>WASHINGTON |          Tue Dec 27, 2011 11:33am EST</p>
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<p>(Reuters) &#8211; The White House plans to  ask Congress by the end of the week for an increase in the government&#8217;s  debt ceiling to allow the United States to pay its bills on time,  according to a senior Treasury Department official on Tuesday.</p>
<p>The approval is expected to go  through without a challenge, given that Congress is in recess until  later in January and the request is in line with an agreement to keep  the U.S. government funded into 2013.</p>
<p>The  debt is projected to fall within $100 billion of the current cap by  December 30, when the United States has $82 billion in interest on its  debt and payments such as Social Security coming due. President Barack  Obama is expected to ask for authority to increase the borrowing limit  by $1.2 trillion, part of the spending authority that was negotiated  between Congress and the White House this summer.</p>
<p>Under  the agreement struck in August during the showdown over the  government&#8217;s debt limit, the cap is automatically raised unless Congress  votes to block the debt-ceiling extension. Lawmakers have 15 days  within receiving the request to vote, which is largely symbolic because  the president can veto it and Congress would be unlikely to muster the  two-thirds majority to override it. Moreover, the U.S. House of  Representatives also is in recess until January 17.</p>
<p>The  deal called for raising the debt ceiling by $2.1 trillion to serve the  nation&#8217;s borrowing needs into 2013 and also included mandatory cuts to  the federal budget deficit. Since then, the extension has been increased  twice by a total of $900 billion.</p>
<p>The debt limit currently stands at $15.194 trillion and would increase to $16.394 trillion with the request.</p>]]></content:encoded>
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		<title>A Clear Choice</title>
		<link>http://www.justaverageamerican.com/2011/12/20/a-clear-choice/</link>
		<comments>http://www.justaverageamerican.com/2011/12/20/a-clear-choice/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 22:27:02 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[American Dependence]]></category>
		<category><![CDATA[Campaign 2012]]></category>
		<category><![CDATA[Core Values]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Obama Presidency]]></category>
		<category><![CDATA[entitlements]]></category>
		<category><![CDATA[Jerry Pomeroy]]></category>
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		<category><![CDATA[Mitt Romney]]></category>
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		<category><![CDATA[opportunity]]></category>
		<category><![CDATA[Welfare]]></category>

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		<description><![CDATA[Whether or not you support Mitt Romney for President, his most recent campaign article clearly posits the paths  American voters must choose between next November. It all boils down to this: do we want an Entitlement or Opportunity society. Well worth the read:
Romney: What kind of society does America want?


By Mitt Romney


In less than a [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Whether or not you support Mitt Romney for President, his most recent campaign article clearly posits the paths  American voters must choose between next November. It all boils down to this: do we want an Entitlement or Opportunity society. Well worth the read:</strong></p>
<h1>Romney: What kind of society does America want?</h1>
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<h3>By Mitt Romney</h3>
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<p>In less than a year, the American people  will go to the polls and choose a new president. A matter of great  moment is at stake in this election. The question we will decide is  this: Will the United States be an Entitlement Society or an Opportunity  Society?</p>
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<li><a href="http://i.usatoday.net/news/_photos/2011/12/19/Romney-What-kind-of-society-does-US-want-7INMSIK-x-large.jpg"><img src="http://i.usatoday.net/news/_photos/2011/12/19/Romney-What-kind-of-society-does-US-want-7INMSIK-x.jpg" border="0" alt="Presidential candidate:  Romney campaigns in Charleston, S.C., Saturday." width="245" height="184" /></a></li>
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<p>In  an Entitlement Society, government provides every citizen the same or  similar rewards, regardless of education, effort and willingness to  innovate, pioneer or take risk. In an Opportunity Society, free people  living under a limited government choose whether or not to pursue  education, engage in hard work, and pursue the passion of their ideas  and dreams. If they succeed, they merit the rewards they are able to  enjoy.</p>
<p>Over the past three years, <a title="More news, photos about Barack Obama" href="http://content.usatoday.com/topics/topic/People/Politicians,+Government+Officials,+Strategists/Executive/Barack+Obama">Barack Obama</a> has been replacing our merit-based society with an Entitlement Society.  The federal government has insinuated itself more and more deeply into  health care, finance, energy, industry, the environment and labor. As a  result of one of the most dramatic expansions of Washington&#8217;s power in  our nation&#8217;s history, federal spending under Obama is now nearly a  quarter of our <a title="More news, photos about GDP" href="http://content.usatoday.com/topics/topic/GDP">GDP</a>, and has risen to the highest level since the national emergency of World War II.</p>
<p>With  the growth of government has come an inevitable contraction of the  private sphere. The American economy, once the envy of the world, has  fallen into disrepute. Unemployment stuck over 8% for 34 months — the  longest such spell since the <a title="More news, photos about Great Depression" href="http://content.usatoday.com/topics/topic/Events+and+Awards/Great+Depression">Great Depression</a>— is only one symptom of the profoundly disturbing transformation of American society that the Obama administration has pursued.</p>
<p><strong>Glimpsing the future</strong></p>
<p>If  we continue on this course for another four years, we may pass the  point of no return. We will have created a society that contains a  sizable contingent of long-term jobless, dependent on government  benefits for survival. Many more in the middle class will be pushed into  poverty. And there is the special problem of America&#8217;s young people.  What social and political path will newly minted college graduates  follow when they are unable to find jobs in which to put their energy  and talents to use? It will be a tragedy if we have to find out the  answer.</p>
<p>It will not only be a tragedy; it will  be a needless tragedy because we can extricate ourselves from this  distress. America is a fabulously rich country. Yet our wealth consists  not only of material things, but also our ideas and our traditions and  our founding principles. These principles empower our people and have  made America the strongest nation in the world.</p>
<p>Our  first principle is freedom. If we remove the shackles of government, if  we unburden ourselves from the mountain of debt that we have been  saddled with, we can become the Opportunity Society that we once were.  America has historically rewarded hard work, education, industry, thrift  and daring. The Founders called this a God-given right to the &#8220;pursuit  of happiness.&#8221; We call it opportunity.</p>
<p><strong>Limited government</strong></p>
<p>The  first step in returning to an Opportunity Society is scaling back our  vast federal government. I will put every single government program to a  simple test: Is this program so critical to our nation&#8217;s future that we  should borrow money from China to pay for it? But my objective is not  merely to cut unnecessary spending. As president, I hope to accomplish  something far larger.</p>
<p>America has tremendous  dynamic potential. Just in the past decades, America pioneered the  computer revolution and the Internet revolution that have profoundly  changed the world. Equally important revolutions are under way in  American laboratories in fields ranging from biotechnology to  nanotechnology to energy. Our potential as a nation is boundless. We  need to unleash it again.</p>
<p>Building ever  costlier government entitlements is not the way to go about that. Quite  the contrary; the dead hand of bureaucratic Washington can only stifle  entrepreneurship. Government dependency can only foster passivity and  sloth. We need to rein in government and unleash the extraordinary  vitality and creativity of the American people.</p>
<p>We  must not wait to suffer a crisis like Greece&#8217;s or Portugal&#8217;s to right  the ship of state. With the proper policies and strong leadership, we  can once again become a society that rewards merit, that welcomes  innovators and new ideas, and is capable of creating undreamed of  opportunities for all who seek them. That is what the election of 2012  is all about.</p>
<p><em><a title="More news, photos about Mitt Romney" href="http://content.usatoday.com/topics/topic/People/Politicians,+Government+Officials,+Strategists/Governors,+Mayors/Mitt+Romney">Mitt Romney</a>, a former governor of Massachusetts, is seeking the Republican nomination for president.</em></p>]]></content:encoded>
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		<title>Need More Money? No Problem!</title>
		<link>http://www.justaverageamerican.com/2011/12/16/need-more-money-no-problem/</link>
		<comments>http://www.justaverageamerican.com/2011/12/16/need-more-money-no-problem/#comments</comments>
		<pubDate>Fri, 16 Dec 2011 14:42:12 +0000</pubDate>
		<dc:creator>Jerry Pomeroy</dc:creator>
				<category><![CDATA[Budgets]]></category>
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		<category><![CDATA[Video]]></category>
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		<category><![CDATA[just average american]]></category>
		<category><![CDATA[national debt]]></category>

		<guid isPermaLink="false">http://www.justaverageamerican.com/?p=1979</guid>
		<description><![CDATA[Watch and weep. Not sure how old the video is, but our national debt now stands at $15,000,000,000,000. (That&#8217;s $15 trillion). Happy viewing:]]></description>
			<content:encoded><![CDATA[<p><strong>Watch and weep. Not sure how old the video is, but our national debt now stands at $15,000,000,000,000. (That&#8217;s $15 trillion). Happy viewing:</strong></p>
<p><strong><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="560" height="315" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/Li0no7O9zmE?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="560" height="315" src="http://www.youtube.com/v/Li0no7O9zmE?version=3&amp;hl=en_US" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
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