Showing posts with label class. Show all posts
Showing posts with label class. Show all posts
Monday, September 6, 2010
Tuesday, August 24, 2010
Deroy Murdock
D.C. Democrats: Clueless, Condescending & Costly
NEW YORK — Why are Americans enraged? As this moribund economy limps through the third year of doldrums, Americans are sick of having their hard-earned money swiped by Washington, D.C.’s Democrat-dominated political class, which is clueless, condescending, and invariably costly.
http://www.humanevents.com/article.php?id=38655
NEW YORK — Why are Americans enraged? As this moribund economy limps through the third year of doldrums, Americans are sick of having their hard-earned money swiped by Washington, D.C.’s Democrat-dominated political class, which is clueless, condescending, and invariably costly.
http://www.humanevents.com/article.php?id=38655
Friday, July 30, 2010
Sect. 342 sets up racial, ethnic, and gender diversity quotas that must be followed by every financial institution that does business with the government.
Yesterday in the Wall Street Journal, two Democrat pollsters, Pat Cadell and Doug Schoen, accused Obama of being a divider of America based upon “race, class, and partisanship.”
Today we learn that Treasury Secretary Tim Geitner is going to move employees at seven federal agencies over to the newly empowered watchdog agency -- Consumer Financial Protection Bureau (CFPB).
You may ask why the CFPB is going to require so many employees. Here’s why:
The 2,300 page, newly passed financial regulatory bill (signed by Obama on 7.21.10 and undoubtedly penned by Obama’s czars who work 24/7 to insert his liberal-left agenda into our country) contains Section 342.
As explained by Diana Furchtgott-Roth of the Manhattan Institute in her 7.8.10 article, she was searching through the 2,300 page financial regulation bill and discovered Section 342.
To her horror Sect. 342 sets up racial, ethnic, and gender diversity quotas that must be followed by every financial institution that does business with the government.
Section 342 sets up at least 20 Offices of Minority and Women Inclusion, and this means separate offices have to be established to make sure quotas based upon race, ethnicity, and gender diversity are followed in all “financial institutions, investment banking firms, mortgage banking firms, asset management firms, brokers, dealers, financial services entities, underwriters, accountants, investment consultants and…law firms working for financial entities.”
As explained in Diana Furchtgott-Roth’s article, each of these 20 Offices of Minority and Women Inclusion will be required to have:
…its own director and staff to develop policies promoting equal employment opportunities and racial, ethnic, and gender diversity of not just the agency's workforce, but also the workforces of its contractors and sub-contractors…
Ultimately, the only way that financial firms doing business with the government would be able to comply with the law is by showing that a certain percentage of their workforce is female or minority…
To comply, federal agencies are likely to find it easier to employ and contract with less-qualified women and minorities, merely in order to avoid regulatory trouble.
[I, for one, believe that people need to be hired based upon their skills and expertise rather than upon their race, ethnicity, or gender diversity. We citizens should certainly care when the institutions that govern our country’s financial stability are at stake.
I taught school for 33+ years, and I know how important it is for students to learn to pay attention to detail.
Who cares what people’s skin color, ethnicity, or gender diversity might be if they are charged with handling trillions of our nation’s dollars? -- Donna Garner]
Now we understand why Treasury Secretary Tim Geitner is so busily stealing staff from financial agencies and moving them over to set up his newly empowered watchdog agency -- Consumer Financial Protection Bureau (CFPB).
It takes “manpower” [dare I use that word?] to make sure race-based, ethnicity-based, and gender-diversity-based quotas are forced on every financial institution that does business with the government.
Diana Furchtgott-Roth did her part to read the 2,300 page bill and to warn the Senators before they foolishly signed the financial regulation bill on 7.15.10, and I did my part to contact my Senators and to help spread Furchtgott-Roth’s article around the country. All to no avail -- Those voting for the bill were three Republicans (Sen. Brown (R-MA), Sen. Collins (R-ME), and Sen. Snowe (R-ME)) and 57 Democrats; Sen. Feingold (D-WI) was the only Democrat who opposed the bill.
Now all of our financial institutions are held captive to race, ethnic, and gender-diversity quotas.
To read Diana Furchtgott-Roth’s entire article, please go to:
http://www.realclearmarkets.com/articles/2010/07/08/diversity_in_the_financial_sector_98562.html
To read more about Tim Geitner’s plan to steal employees to staff his watchdog organization, please go to:
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/28/AR2010072806040.html?wpisrc=nl_fed
To read H. R. 4173, the ‘‘Dodd-Frank Wall Street Reform and Consumer Protection Act,” Section 342, please go to:
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h4173enr.txt.pdf
Today we learn that Treasury Secretary Tim Geitner is going to move employees at seven federal agencies over to the newly empowered watchdog agency -- Consumer Financial Protection Bureau (CFPB).
You may ask why the CFPB is going to require so many employees. Here’s why:
The 2,300 page, newly passed financial regulatory bill (signed by Obama on 7.21.10 and undoubtedly penned by Obama’s czars who work 24/7 to insert his liberal-left agenda into our country) contains Section 342.
As explained by Diana Furchtgott-Roth of the Manhattan Institute in her 7.8.10 article, she was searching through the 2,300 page financial regulation bill and discovered Section 342.
To her horror Sect. 342 sets up racial, ethnic, and gender diversity quotas that must be followed by every financial institution that does business with the government.
Section 342 sets up at least 20 Offices of Minority and Women Inclusion, and this means separate offices have to be established to make sure quotas based upon race, ethnicity, and gender diversity are followed in all “financial institutions, investment banking firms, mortgage banking firms, asset management firms, brokers, dealers, financial services entities, underwriters, accountants, investment consultants and…law firms working for financial entities.”
As explained in Diana Furchtgott-Roth’s article, each of these 20 Offices of Minority and Women Inclusion will be required to have:
…its own director and staff to develop policies promoting equal employment opportunities and racial, ethnic, and gender diversity of not just the agency's workforce, but also the workforces of its contractors and sub-contractors…
Ultimately, the only way that financial firms doing business with the government would be able to comply with the law is by showing that a certain percentage of their workforce is female or minority…
To comply, federal agencies are likely to find it easier to employ and contract with less-qualified women and minorities, merely in order to avoid regulatory trouble.
[I, for one, believe that people need to be hired based upon their skills and expertise rather than upon their race, ethnicity, or gender diversity. We citizens should certainly care when the institutions that govern our country’s financial stability are at stake.
I taught school for 33+ years, and I know how important it is for students to learn to pay attention to detail.
Who cares what people’s skin color, ethnicity, or gender diversity might be if they are charged with handling trillions of our nation’s dollars? -- Donna Garner]
Now we understand why Treasury Secretary Tim Geitner is so busily stealing staff from financial agencies and moving them over to set up his newly empowered watchdog agency -- Consumer Financial Protection Bureau (CFPB).
It takes “manpower” [dare I use that word?] to make sure race-based, ethnicity-based, and gender-diversity-based quotas are forced on every financial institution that does business with the government.
Diana Furchtgott-Roth did her part to read the 2,300 page bill and to warn the Senators before they foolishly signed the financial regulation bill on 7.15.10, and I did my part to contact my Senators and to help spread Furchtgott-Roth’s article around the country. All to no avail -- Those voting for the bill were three Republicans (Sen. Brown (R-MA), Sen. Collins (R-ME), and Sen. Snowe (R-ME)) and 57 Democrats; Sen. Feingold (D-WI) was the only Democrat who opposed the bill.
Now all of our financial institutions are held captive to race, ethnic, and gender-diversity quotas.
To read Diana Furchtgott-Roth’s entire article, please go to:
http://www.realclearmarkets.com/articles/2010/07/08/diversity_in_the_financial_sector_98562.html
To read more about Tim Geitner’s plan to steal employees to staff his watchdog organization, please go to:
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/28/AR2010072806040.html?wpisrc=nl_fed
To read H. R. 4173, the ‘‘Dodd-Frank Wall Street Reform and Consumer Protection Act,” Section 342, please go to:
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h4173enr.txt.pdf
Saturday, March 27, 2010
Who are the Middle Class and Why we must protect them?
By Cheryl Lee Switzer, Author, Patriot
Today the middle class are the worker bees between the poor and the rich. They are constantly busily buzzing around their family, their community, and their work. They plan and dream; they take risks through innovation and entrepreneurial endeavors and they work extremely hard. They, by their inherent abilities and spirit, are what make our country great.
Now, stop and think about that for a moment – “their inherent abilities and spirit” – what do you think that means? It means that the majority of Americans are free to choose their professions, they are free to make decisions concerning their families, and they are free to take risks with their capital. They are slow to anger; fast to donate to those in need; believe in the law of the land established by our Constitution, and until now trusted government. Middle Class citizens are the backbone of the United States. Why? They hire more workers than anyone, they buy more, they produce more, and they are budget conscious and dependable.
The lower class – the poorest of our society for the most part – are on welfare, food stamps, and other government funded assistance and housing. They know a check is coming every month. So why should they work? Why should they try to get ahead? A small percentage of them break out of the mold, but most do not. They have become entrenched in an endless cycle of dependency on government. Their inherent abilities and spirit have been squashed. The same thing happens in the public school system through the teaching down to our students and the changes made to the grading system from A to F to Satisfactory or Unsatisfactory. Competition is healthy and encourages children to reach higher and higher. These are all classic examples of government interference, nonsensical political correctness, and a progressive government that believes it knows best. They control the poor.
Another example of government dependency and injudicious behavior comes from the government’s inability to downsize within its own ranks or to be fiscally responsible. Short of a felony, the government rarely fires an employee. If you work for the government, unless you voluntarily quit, it’s a job for life. Government agencies are budgeted a certain amount of money annually and they will never spend less than the amount allocated even if they have to purchase items not needed or hire people for nonsensical positions. If a department is frugal, they get less the following year; consequently, they gobble up taxpayer money in an irresponsible fashion. The government cannot even govern themselves as seen with years of Medicare fraud and abuse.
When the government establishes a welfare state through the largest health care dependency program in the world; one in which gobbles up one-sixth of our economy, it will then control the middle class. The elitist, socialist progressives in government and their greedy supporters will control many new aspects of the lives of the middle class citizens. The taxes alone that will be placed on the middle class will prevent them from hiring new employees, prevent them from opening new businesses, and increase the unemployment rate as companies are forced to let workers go. The intrusion into their businesses and personal lives, and the government’s creation of “economic crisis” to move unpopular legislation into law will in time bankrupt our country, but not before the middle class suffers. The “We’ll take care of you from cradle to grave,” means “Now we own you.” They will eventually tax the middle class into submission – taxed already too high – there’s more to come. The government’s take over of the auto industry is an example along with the newest “we are better than you” take over of the student loan program. Heads up! The student loan take over will cost college students approximately $1700 more with the government take over of the student loan business. The government will now make money on student loans and the profits which were taken away from the private sector and students will now go to help pay for health care. Bite the bullet because Medicare reductions to providers and citizens will be over a trillion dollars.
Are you getting the picture now? We must protect the middle class and by doing so, we will save our great nation.
Our founding fathers never intended this republic to become a welfare state and they were mindful that men in power will abuse that power. We have witnessed unabashed behavior and taxation without representation as our elected representatives refuse to listen to the will of the people. A revolution ensued 1773-1776 over that very same issue. This writer’s opinion is that the middle class will not allow government control over their lives and they will not succumb to the will of an elitist, progressive mind-set. Take that anyway you want!
Today the middle class are the worker bees between the poor and the rich. They are constantly busily buzzing around their family, their community, and their work. They plan and dream; they take risks through innovation and entrepreneurial endeavors and they work extremely hard. They, by their inherent abilities and spirit, are what make our country great.
Now, stop and think about that for a moment – “their inherent abilities and spirit” – what do you think that means? It means that the majority of Americans are free to choose their professions, they are free to make decisions concerning their families, and they are free to take risks with their capital. They are slow to anger; fast to donate to those in need; believe in the law of the land established by our Constitution, and until now trusted government. Middle Class citizens are the backbone of the United States. Why? They hire more workers than anyone, they buy more, they produce more, and they are budget conscious and dependable.
The lower class – the poorest of our society for the most part – are on welfare, food stamps, and other government funded assistance and housing. They know a check is coming every month. So why should they work? Why should they try to get ahead? A small percentage of them break out of the mold, but most do not. They have become entrenched in an endless cycle of dependency on government. Their inherent abilities and spirit have been squashed. The same thing happens in the public school system through the teaching down to our students and the changes made to the grading system from A to F to Satisfactory or Unsatisfactory. Competition is healthy and encourages children to reach higher and higher. These are all classic examples of government interference, nonsensical political correctness, and a progressive government that believes it knows best. They control the poor.
Another example of government dependency and injudicious behavior comes from the government’s inability to downsize within its own ranks or to be fiscally responsible. Short of a felony, the government rarely fires an employee. If you work for the government, unless you voluntarily quit, it’s a job for life. Government agencies are budgeted a certain amount of money annually and they will never spend less than the amount allocated even if they have to purchase items not needed or hire people for nonsensical positions. If a department is frugal, they get less the following year; consequently, they gobble up taxpayer money in an irresponsible fashion. The government cannot even govern themselves as seen with years of Medicare fraud and abuse.
When the government establishes a welfare state through the largest health care dependency program in the world; one in which gobbles up one-sixth of our economy, it will then control the middle class. The elitist, socialist progressives in government and their greedy supporters will control many new aspects of the lives of the middle class citizens. The taxes alone that will be placed on the middle class will prevent them from hiring new employees, prevent them from opening new businesses, and increase the unemployment rate as companies are forced to let workers go. The intrusion into their businesses and personal lives, and the government’s creation of “economic crisis” to move unpopular legislation into law will in time bankrupt our country, but not before the middle class suffers. The “We’ll take care of you from cradle to grave,” means “Now we own you.” They will eventually tax the middle class into submission – taxed already too high – there’s more to come. The government’s take over of the auto industry is an example along with the newest “we are better than you” take over of the student loan program. Heads up! The student loan take over will cost college students approximately $1700 more with the government take over of the student loan business. The government will now make money on student loans and the profits which were taken away from the private sector and students will now go to help pay for health care. Bite the bullet because Medicare reductions to providers and citizens will be over a trillion dollars.
Are you getting the picture now? We must protect the middle class and by doing so, we will save our great nation.
Our founding fathers never intended this republic to become a welfare state and they were mindful that men in power will abuse that power. We have witnessed unabashed behavior and taxation without representation as our elected representatives refuse to listen to the will of the people. A revolution ensued 1773-1776 over that very same issue. This writer’s opinion is that the middle class will not allow government control over their lives and they will not succumb to the will of an elitist, progressive mind-set. Take that anyway you want!
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