Posted by
JONALIST on Wednesday, February 03, 2010 12:00:00 AM
See This Economical Fallacy
Have you read the article: "
Obama: Here's $5,000. Go hire someone" , January 29, 2010: 2:02 PM ET, written By Catherine Clifford, CNN staff reporter.
$5,000 tax credit for each net new employees that a firm hires this year. Start-ups launched in 2010 would be eligible for half of the tax credit (this one feature of 'Job Credit Proposal' proves the Fallacy to help the American Economy). Firms could earn the credit by raising wages or increasing the hours of their current workers, as well as by hiring new employees. The tax credit would be adjusted for inflation, and would not apply to wage increases above the current taxable maximum of $106,800. Businesses that cut 20 workers and hire five wouldn't be eligible, nor would those that lay off a $50,000 worker and hire two $20,000 staffers.

Obama hopes tax credits will motivate small companies to hire,
but business owners like, Jimmie Hughes says the approach is
backward: to hire, Hughes needs sales and cash, not tax cuts.
Examining This Tax Credit-Cash Flow Fallacy
Ironic that Obama and his Advisers cannot see the forest for the trees. To start-up a business in Alabama Law that removes auto parts from vehicles has to have a Surety Bond of $100,000 plus prepay the State Revenue Tax and Fees so if you hired 20 people you would break even of part of that financial profiteering scheme and it is like that in all states. The Obama Administration is not proving anything to me by doing this excepting that it will create a chaotic state of jobs available for a short time span and those will eventually end prior to or following the next year. Hiring fewer people does not get you any benefit at all while at a cost $33 billion, according to White House, seems a splendid waste of taxpayer money that will never recover of the cost of $33 billion. Capped at a total of $500,000 per firm shows that only 100 people (maximum) at most would be a potential and anything over shows no resolution of so called benefit. What makes it even more provoked is that to claim the credits on a quarterly basis dribbles out the resultant benefit that does not last the entire year at tax time of the employed business.
How Many Would Be Necessary To Hire Nationwide In A Conversion Objective To Convert Consumer Cars? More Than 100 per State! I Say This Deal Is a Farce & a High-Risk Gamble That Will Not Work Economically, a Economical Fallacy!
The Foundation is a private non-government ideology that speaks for the Consumer Interest and the well bein of the nation.
What Is To Many Government Jobs
If our government were to have a payroll of 2.125 million employees, would that be to many on payroll? In 2010, Obama is attempting to have that many employees, what is it going to be in 2011, 2012, 2013, how about 2025, or 2050? Can we afford this including their retirement and pension program? Remember government employees do not pay taxes, their is not money accumulated from their employment that is part of the share all other taxpayers pay into since their income is from the treasury. Just what is to many employees? Do you begin to see the curve downward in having money to pay all that overhead? To many is to much so something has to give along the way either taxpayers have to pay more or there has to be cuts in the government budget so why not start cutting the budget right now since this is the best time to see this downward curve?
What is $1.6 Trillion per year times four years mean to 2.125 million government employees that do not pay tax and will have a pension from retirement and Taxpayer will not even have a 401K or other retirement without it being taxed for their Health Care? If anyone elects Obama again write a book about the missing $12.8 Trillion that vanished in eight years to credit card companies.
My Project Plan is to do just that & it does not require banking, or monthly payments from Consumer's, it does not even rely upon Taxpayer Money. My Plan creates manufacturing that would make the components for Conversion & those would be distributed to Conversion Facilities, there would be no monetary exchange for that & this is not a Sales Operation so theres no Catalog which Consumer's would look at to Order something from not even if they wanted to do it themselves cause they would not be allowed for safety reasons. My Project could clog up every HWY & Interstate in every state without the authorization of 'Service When Available' because as many auto owners as there are everyone of them would want their auto converted for free. All that I ask would be a simple yearly Warranty Fee more likely $1,500 & that requires a vehicle check-up by participating Consumer's. It Is the only plan that government could rely upon to manage to change from the ironic deal Unions Authorized for America in importing Oil to make Gasoline/Diesel, to dispose of the necessity of ICE autos entirely. I would have hoped for a better job but this is all I could think about & I have been publishing this for over a year now. I can't get donations to get it started, it also requires to much Business License Fees - $100,000 Surety Bond per Business plus Attorney Fees & prepaid Taxes just to establish the Conversion Facilities in every State, that is well over 5,000 Employees/State. It would be the biggest New Industrial Era Job Opportunity The World Has Ever Seen & profits from removed parts the main concern for export to nations that need those parts. I need backers & as many volunteers as possible, we need servers. I figure President Obama has more Taxpayer Money on his mind and for that reason will not wander into my ideological territory, or perhaps those Czars that are concerned about labor and jobs want to keep the momentum strength in the Oil Revenues and Automakers Union Leadership to control Dealerships and laws pertaining to ICE autos and trucks. I was not ever for the termination of automakers or their Union Jobs, there's ways they can work with The Foundation which would benefit them and not have as many loses as the Czars maybe hacking behind our back about. Personally it is the Right of The Consumer not The Right of a President to make a decision on their property and how they wish to manage their property. This is the point I was stressing about 'The Power of Attorney' when I stated that Obama was heading to steal that from everyone using the powers vested in The Health Care Bill, and it is still a possibility. If it is going to cost you your 401K each year in payments because of your medical bills then you need something better than what Government could provide you. I would welcome suggestions as to how to create a Health Care Trust which would interact with The Foundation to serve those whom participate at no cost. My initial plan looks at a hospital as a business just like a Restaurant which has unannounced inspections during the week and receives a rating, its your money your paying to hospitals and doctors so do what you want to do, I just believe in a efficient operation not some location that sends out for things needed for your medical problem as they decide when they want to which means a day or two later it arrives in stock at the hospital of doctors office and Medicare or Medicaid is billed for the days in the hospital of your stay and it is all about cleanliness of the facilities. If these factors were taken into consideration by inspectors maybe the State could crack down on bad practices faster and that is what I believe. Sure, sometimes when you need more than the 'Power of Attorney' you might find you don't have that much available through a Government backed solution because they are controlling not only you but everyone that associates with you while in a hospital.
Additional Economical Woes Affecting America
Perhaps your not aware that the onset of this Jobs objective there was a tremendous showing for Caterpillar, that is about to go bust as
China now looks at Caterpillar as a potential buy and to top that has terminated 25,000 more jobs (James W. Owens, the chairman of Caterpillar Inc., which announced last week the layoff of 20,000 jobs back in late January 2010, furthermore: Peoria, Ill.-based Caterpillar also reported Monday that its fourth-quarter profit plunged 32 percent. The company expects sharply lower results this year as global economic problems cut into its business.) This could only mean one thing, Islamic Investors within China (in Xinjiang esp.) wish to make their future debut in a caterpillar job opportunity in China since the
Curbs were Imposed on Muslims in government jobs back in 2008. Does this begin to make sense when Jobs have become the backbone for export, worries that China will curb bank lending because of stock failures certainly isn't making any new relations better? It is speaking a riddle we shouldn't invest into just like The Hummer. China has also denounced U.S. trade ruling on
steel pipe import tariff taxation another taxpayer money profiteering adding. The blow we were not expecting was that "China pulls financial plug on Western debt [http://www.thecomingdepression.net/countries/eurasia/china-finally-begins-financial-plug-on-western-debt/]". America has become debt ridden, China has become skeptic that America can pay the debt, the
former Treasury Secretary Henry Paulson remarked that Russia gave the incentive for China to dump 2008 bonds of Fannie Mae and Freddie Mac so that Russia and the Chinese “that together they might sell big chunks of their GSE holdings to force the U.S. to use its emergency authorities to prop up these companies,” Is there anything obvious about owning chunks of America's Debt Ridden Assets to push export assets to save jobs such as Caterpillar Inc.
There could be another spin to Jobs in America which I devoted time to despite my recent operations I am currently recovering from. My objective does allow export for Trade purposes but the State Laws are so strict on profiteering from business it is hardly worth building a big business, I am going towards this in a different way which is a better position as a Foundation and it is not creating a commercial business entity which sells its products on open market or in a catalog but uses its products itself in supporting consumer needs and this eliminates banking from the economical picture and saves trillions of dollars and so much time that it is more objective than awaiting the next phase of new vehicles to come off a assembly line. Where we went wrong is allowing Obama to shovel down our mouths his objective of profiteering using Taxpayer Money so now we are still in the same sinking ship and still no Foundation can startup. What we must do is to get the attention of all Obama Advisers that the future must change for the scope of consumer appreciation, America is going down the tube otherwise. There's more bias to Obama than this profiting monetary issue.
EVFCF Is My Economic Solution
Dreaming economic solutions that Uncle Sam has not fathomed to deal with job creation has aimed at the Unionized solvency, no need of Federal Bureau intervention, its the way in which consumer's are being told they have to do with what government established and nothing that a Foundation can establish came forth which can also yield job creation. Taking a look at the banking services, a Foundation could accomplish what is necessary by eliminating the bank concept, consumer's are given what they need and that is warranted each year to bring down their overhead and to offer a new broad wave of trade with other nations, that would be the Federal service job which secures that foreign trade and the loophole for The Foundation to get out of the brokerage job motivation. If the Foundation is not burdened with foreign financials the work of The Foundation would smooth out for all the states to head towards a non-foreign oil independent solution becoming the first nation to back consumer's conversion of their vehicles. There lies the answer to jobs and the economy at the top of the failure that automakers created autos that do not have conversion products. The Foundation takes a consumer's auto and converts it using the products The Foundation has created not a commercial operation and fully warranted and tested each year, this is the answer we must consider. The Obama Administration is lacking surety, the issue that prevents the Foundation to establish because according to state laws a business must have a surety bond costing $100,000 for this type of service work - removing parts from a automobile, thus being licensed for conversion products is the next financial business expense but a Foundation is not a business (it should not be taxed, it should not have to have surety bonding) is not capable of securing a business loan from community banking which caters to consumer needs. The Foundation is not willing to sell components on market nor to allow consumer's to convert their own vehicle which is a chaotic situation and wishes to maintain a uniformity for all consumer's therefore the production of products would be aimed at serving whichever sized auto consumer's have already purchased and owned. This eliminates the need of consumer's to purchase new automobiles and downplays the need of community banking to support consumer needs for loans to pay for their transportation. In a nut shell our economy would be enriched through the reclaim of products from each consumer vehicle as sold to foreign countries that need these products for their own consumer needs, esp. Haiti which needs auto parts. Internal Combustion Engines (ICE) is what the Foundation would be collectively accumulating in all states, if the trade issue did not produce buyers then the product would become a issue to recycle adding to the enrichment of materials for new products to be manufactured, that is a lot of cast iron, aluminum, magnesium, plastic, and glass materials. If a deal were worked out with automakers for consumer's to purchase a new auto body then The Foundation's manufacture of electronic components for those autos would encourage a equal solution amongst all automakers without buying into ICE components. I have studied the United States situation, I know the world's need of materials procurement is increasing but their economy is also failing. We must judge others as they judge us, yields to the concept that they to could create a Foundation that could remanage their economy. That is the objective, is it not the answer as well? China is being unfairly judged of its materials that are now seen as a import tax profit by administrators and China is furious that such import taxation is affecting their economy.
Obama's main selfish reasoning in Job Creation started with "WE DO NOT QUIT", what does that say for handicaps that should not be seen as Quitters. Obama addresses the whole of America and they are left out else Obama is a hypocrite and thinks they should be left out. I am sorry to see that Obama so selfish that he wastes taxpayer money on such statements that do not reflect their pain and anguish, did he think they are quitters? Wise up Presidents do not squander taxpayer money for political purposes as he has. I would never quit no matter if the pain got so great I could not walk, but I can say this much about myself - "I DID NOT QUIT AS HE'S INSINUATING & I WOULD NOT GIVE HIM THE PLEASURES OF BEING A QUITTER". So get this much straight, AMERICA was not a job for me to fix up just so that he could squander innovation for the purpose of obtaining a profit from the use of Taxpayer Money as he has done so, America was important to me because people like him torment others and take unfair advantage of their offers and I might add he's not the only personal argument that I could make regarding how our nation must serve along side other nations that are doing exactly the same thing he has done. It makes me angry that Obama, has not given MY PROJECT PLAN any servitude and it makes me angry to see, Biden, by his side pushing him through his temperaments as I saw in his speech of the State of the Union 2010. All I was asking was for was to give the consumer's a chance, it is their tax money they must depend on for this nation to have what this nation needs, we do not need foreign expenditures taking that away from taxpayers. We do not need a Progressive movement that is ignorant of the better method:
http://evfcf.mysite.com/index.html - so Haiti and a Horse Breeder Haitian Heart felt opportunity to bring the simplest transport to the island would be better than nothing. Job Creation is a truth we should depend on The Foundation to bring Job's that affect consumer's need for Electric Automobiles therefore we need to make a effort to create the manufacturing facility for The Foundation and its workers can decide whether they would like to create a more perfect Union that allows them to work for the Foundation instead of their normal job through The Foundation thereby creating less need of Federal Jobs. My concept for the United States Transportation Department outweighs the neglect Obama has given towards My Project Plan. Obama neglected My Project Plan from Day One and continues to do so, it is about time he stops doing that and we get on with creating Jobs In America.
TEN REASONS FOR ETHICALLY UNDERSTANDING THE PROBLEM:
Thus Far Our Fundamental Understanding Of What Banking Was Responsible For Has Been Wrong.
.
(1) COSTS OVERRUN IS THE OUTSTANDING MOST EVIDENT FUNDING PROBLEM. BEING AHEAD OF THE GAME IS IMPORTANT.
(2) EXTENSIVE EXPENDITURES ON EVENTS AND SPECIAL PROPOSALS THROUGHOUT THE YEAR ADDS UNREASONIBLY TO COSTS.
(3) EXPANSION ESP. OF SINGLE UNIT ATM SERVICES INFLATES THE ENTIRE SPECTRUM OF BANKING IN GENERAL, MUCH LESS ACCOMPLISHED DUE TO CONTRACTUALS.
(4) OTHER CONSOLIDATED BANKS OF THE CORPORATE NEEDING SPECIAL ATTENTION OVER LOSSES.
(5) FAILURES OF SERVICES TO TEND TO EVERYDAY NECESSITIES FORCING BACKLOGS TO BECOME SCRUNCHED LACKING MANY DETAILS.
(6) GOVERNMENT TAKING ADVANTAGE OF THE BANK FOR ITS OWN PURPOSE IN SERVING CERTAIN CUSTOMERS NOT IN THE AGENDA.
(7) STOCK INFRACTIONS THAT AIM TO DISCREDIT CUSTOMERS CREDIT.
(8) LACK OF PROVISIONS FOR FUNDING CUSTOMER REQUESTS FORCING CUSTOMERS TO WITHDRAW.
(9) CUSTOMER DISSATISFACTION OF SERVICES OR ANGRY AT BANKING STAFF MEMBERS ATTITUDE.
(10) DEVELOPERS PUSHING THROUGH A GAPPING HOLE IN A ECONOMICALLY STALLED CONSUMER PLATFORM.
If you are going to complain that you have a Lemon which you would rather not have someone Convert to Electric for you maybe you have a good argument and could manage to get a dealer in your area to help you obtain a newer model auto body which you would rather have Converted, The Foundation would be able to support that but your responsible to the dealer for another auto body. For this reason I felt it necessary that automakers should help The Foundation make this possible and the Unions back the decision.
LINKS:
The Electric Vehicle Free Conversion Foundation (EVFCF)
How our government could remanage itself...
United States Department Of Electric Vehicles (DOEV)
ENERGY CLUB SAVINGS PLAN ... Employee Opportunity
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