Friday, October 31, 2014

Who Remembers America's war on poverty

Poverty

President Lyndon B. Johnson while in office decided to take a stand and begin the "War on Poverty" introducing initiatives in order to improve education, health, skills and jobs, but somewhere along the lines the "War on Poverty" became the "War on Terror". Although the war on terror is helping create thousands of jobs for American citizens we are pushing ourselves further into debt. America is essentially trying to learn how to swim while carrying weights.
 
Even though we have been able to hold our own since the 1960s we still have much more work that needs to be done. We need to have more citizens to invest their precious time into donating more money into charities such as the Food for the Hungry, National Alliance to end Homelessness, and CEDARS. By citizens I mean the substantially wealthy to many times  have walked by and seen a Corvette or Porsche pull up next to the poor  will not even look in his/her direction. Majority of people that donate to the poor are hardworking middle class citizens.
 
Now it is not fair for me to say that we have not made any progression since 1964 when the War on Poverty was first began. But in 2012 49.7 million Americans were struggling with the economic and social hardships of living below the poverty line, including 16.4 million children. Now the most terrifying is that 16.4 million children are struggling with poverty in the U.S. alone. It has been proven by the Census Bureau that children who re born into poverty have a higher risk of being in poverty as an adult. This includes single parent homes, minority homes, and families who have only achieved their high school diplomas.  These are future generations and yet there out here struggling to eat on daily basis while many of us complain out what happens in our everyday lives. America is supposed to be the land of opportunity yet we have very little opportunities to offer.
 
Once we establish who in our nation is poor is when we can officially begin the steps in order to fight poverty effectively.  The Census Bureau’s Supplemental Poverty Measure (SPM) accurately measures poverty size. Allowing us to become a few steps closer.
 
 
 
 

Thursday, October 16, 2014

Because of Obama, really?

If  you have not heard Larry Klayman(to the right) is suing the federal government, however get this its not because the federal government has done anything wrong, but because HE believes that president Barack Obama and his administration secretly created the Ebola Virus as a biological weapon in order to further terrorist activity against the, "Caucasian race and Jewish-Cristian religion." 
An anonymous blogger posted this hilarious news on Crooks and Liars. The anonymous blogger goes on to discuss the moronic claims and utter stupidity of Larry Klayman. He even goes on pointing out that Larry Klayman even goes on claiming, "Barack Obama is not actually an American citizen, and his birth certificate is fake and president Obama deserves to arrested on basically every charge possible." Based solely on the fact that president Obama refuses to implement a travel ban on people from other countries who encountered the outbreak. But, legal activist Larry Klayman does not stop there and continues to say that, "taken alive to be deported and pay for his inadequacies under the rule of law," but says that the President "must be forced from office as soon as possible, before all is lost."  Doing some more research I found that Larry Klayman is widely known for his stances toward president Barack Obama.
 
Now me personally, I definitely agree with this anonymous blogger Larry Klayman is just being ignorant and is making enormous assumptions slandering his name.
 
 

Thursday, October 2, 2014

Why pay taxes when you can move Nations

Multinational Corporation Inversion

U.S. -based Multinational corporations have decided to have a "patriotic" change of heart and alter their nationalities by moving many of their headquarters over seas. But, these recent alterations were not caused by a sudden interest in taking up the sights or admiring  European culture, but to avoid greater worldwide taxation, in other words U.S. income tax, also legally known as "tax inversion." In which 45 companies in the last 14 years have steadily increased.( Shown in the graph below)
"Imagine you are a California-based widget manufacturer competing around the world against a Dutch widget manufacturer. You both compete in Latin America and pay taxes on your income there. Trouble is, your Dutch competitor can reinvest those profits back in its home country without paying additional taxes, but you can't,"  a  good example which was stated by AndrĂ©s Martinez in USA Today. However, in recent discussions between republicans and democrats the topic has been less about the inversions of large corporations, but largely on the outdated tax code and if it should be revamped becoming more so like the Territorial tax system embraced by other countries. After reading this article, I oppose that U.S. should also embrace the territorial tax system.
 
U.S. -based multinational corporations such as McDonalds which estimates about 1.5 billion each year in revenue, Apple which estimates about 46.3 billion in revenue each year and EA which estimates another 3.8 billion in revenue this is not including the various other large corporations that cover our enormous nation. With the large amounts of revenue these enormous corporations U.S. income tax should be no problem at all. Not only that but with the large amounts of income that are produced by these large corporations although much of it is funded back into the company to make newer and more advanced technology, it can also be integrated into making better medical equipment, roads, and other such advances.