Special Acknowledgment – President Jimmy Carter North Korea Visit

September 20, 2010

By Padmini Arhant

The Nobel Peace Laureate, President Jimmy Carter is renowned for great accomplishments prominently the long lasting Peace Accord between Egypt and Israel at Camp David during his Presidency and the magnificent work through the internationally acclaimed humanitarian organization – Habitat for Humanity providing relief to millions in many areas around the world.

As the founder of Habitat for Humanity, President Jimmy Carter has elevated the living standards and survival rate of the significant population across the globe.

President Jimmy Carter has voiced his legitimate concerns and demonstrated through actions the urgency to heed to rationality than ‘Super Power,’ mentality in foreign policy and environmental issues.

Recently, the former President visit to North Korea in releasing the innocent American citizen, 31 year old Aijalon Gomes from Boston, Massachusetts – is commendable and praiseworthy.

The victim was held prisoner and sentenced to eight years of hard labor in addition to being fined with $700,000 for trespassing and allegedly committing a “hostile act.”

President Jimmy Carter had not only been successful in the prisoner release but also reportedly sought peace message from Pyongyang.

The news excerpts are submitted below:
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Source: http://www.ktla.com/news/landing/ktla-jimmy-carter-korea,0,7025298.story“>http://www.ktla.com/news/landing/ktla-jimmy-carter-korea,0,7025298.story – Thank you.

Former President Jimmy Carter Aids in North Korea release of American Man:

North Korea’s state-run Korean Central News Agency reported Carter’s departure, saying the ex-leader apologized for Gomes’ actions.

The pardon “to set free the illegal entrant is a manifestation of (North Korea’s) humanitarianism and peace-loving policy,” KCNA said.
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Source: http://www.necn.com/09/15/10/Jimmy-Carter-hopes-prisoner-release-can-/landing.html?blockID=311298&feedID=4207 – Thank you.

(NECN) – Former President Jimmy Carter says he hopes the recent release of a Boston man held prisoner in North Korea can move peace talks forward with the country.

Carter says North Korean officials invited him to travel to there to discuss the release of Aijalon Gomes.

He says it took five months to get the trip cleared by the White House to free Gomes, who was sentenced to paying $700,000 and 8 years of hard labor.

Carter says he believes Gomes was treated humanely while he was being held for 7 months.

During his speech at the Carter Center, the former president also revealed that during his meeting with North Korean authorities, they repeatedly told him that they were interested in pursuing peace talks with other countries.

“They were eager to have peace talks that would lead to de-nuclearization of the peninsula,” he says, “and a permanent peace treaty with the United States and South Korea to replace the cease-fire that’s existed ever since I was a young submarine officer.”

Carter says that North Korean officials told him to bring a message back to Washington that they were interested in giving up their nuclear capability if the U.S., South Korea, Japan, and China were willing to negotiate with them.
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Peace Prospect with North Korea – By Padmini Arhant

It’s clear from the Ex-President Jimmy Carter’s visit and presentation at the Carter Center that;

Earnest peace and diplomacy can prevail over belligerence restoring normal relations between Washington and regimes that are permanently secluded with a possible nuclear threat and war games.

There is enough evidence that the peace talks held since the former Republican President Ronald Reagan era until now has failed to focus on peaceful resolutions. The failure in all these peace discussions could be attributed to exhibiting the military might via missile capabilities rather than exploring the peace prospects through economic, trade relationships, social and cultural exchange as witnessed in February 2008 when the New York Philharmonic Orchestra visited North Korea displaying glimpse of hope in Washington-Pyongyang relationship.

When the olive branch is extended for a long lasting and meaningful peace treaty, it provides a unique opportunity for the leaderships engaged in the decades old peninsula peace talks to capitulate and move forward with the dialogue directed at de-nuclearization and political transformation.

Pyongyang’s message through President Jimmy Carter is phenomenal seeking conciliatory response from Washington. There is no reason to procrastinate on the promising peace summit likely to produce the desirable outcome considering the details outlined to President Jimmy Carter.

Any reluctance or delay from Washington and others to the historic meeting would categorically reveal the forces against peace and their real agenda.

People in North and South Korea along with Japan have endured the tensions with the United States struggling to obtain the reliable consensus from China in the quartet sessions held thus far.

North Korean officials’ statement breaks conventional barriers offering a new dimension for nuclear disarmament and further determination among Washington, Japan and South Korea could lead to a political freedom in the domestic front besides ending the standoff between the once united Korea.

The decision remains with Washington in seizing the moment to help the long suffering North Korean people from abject poverty, economic and social progress due to political isolation.

Peace in the Korean peninsula would be monumental permeating to other oppressed regions.

Declining the peace offer would be detrimental to the United States image and President Barack Obama campaign pledge for “Hope and Change.”

Moreover, any hesitation to clinch the deal would confirm the true commitment or the lack thereof by the concerned parties especially Washington.

Above all, it serves as a litmus test for Pyongyang to prove that the defined goals are genuine and the leadership is sincere in the long overdue peace agreement.

Default from any or all negotiating partners would be catastrophic for the people in the peninsula emphasizing the leaderships’ inability and weakness in delivering a positive result.

President Jimmy Carter as an excellent peace emissary for the United States has once again brought the wonderful gift to humanity awaiting spontaneous acknowledgment from Washington.

Hopefully, President Barack Obama along with the remaining leaders in the quartet would enable success through fruitful negotiations and grant eternal peace to the people in the peninsula.

Thank you.

Padmini Arhant


Written by Padmini Arhant · Filed Under International Politics | Leave a Comment 

Presidential Q&A Session

September 10, 2010

By Padmini Arhant

President Barack Obama this morning addressed the press corps on a variety of issues ranging from the economy to international affairs.

The President elaborated on the Congressional Democrats and the White House achievements thus far.

President Obama also laid out the economic progressive tax structure with permanent tax cuts for the middle class and those earning up to $250,000 income.

On the previous administration’s tax cuts expiration for the top 2% wealthy individuals earning above $250,000 – the economic strategy would benefit the higher income groups and not hurt them as claimed by the critics.

As the President explained – the first $250,000 earnings would qualify for the permanent tax cuts and only the remaining income would be subject to the applicable tax. Essentially 98% taxpayers might qualify for the permanent tax cut creating a vast middle income that would expedite economic recovery.

In terms of various appointments being stalled pending Senate confirmation – the President’s frustration was justified. Among them the Consumer Protection Agency Director position that needs to be filled in the immediate future requires bipartisan support in the Senate.

The consumer related problems on credit cards, mortgages and other financial commitments could be addressed effectively through the agency specializing in these issues.

The President also emphasized on the urgency to pass the bill facilitating small business loans through community banks for economic revival. The bipartisanship on this legislation is crucial for it would clarify the opposition minority stance in assisting the small business community worst hit in the economic recession.

In fact, the President urged on the bill to be approved upon the Senate resuming session in the coming weeks.

On the infrastructure plan – the President’s second stimulus $50 billion was raised at the news conference. Considering the proposal is self-funded by closing tax loopholes, any blockade would be political rather than economic.

Further, the $787 billion stimulus had funds allocated for this purpose and the combined investments would be a job booster upon $50 billion bill overcoming the Senate hurdle.

The economic plan is sound and guaranteed to generate jobs provided the Senators across the aisle extend their bipartisan cooperation to help the President and the Congress members jumpstart the economy to improve American lives.

Other matter at the session will be discussed individually.

Overall the President’s message on the economy and Israeli-Palestinian peace talks were very hopeful and optimistic.

Thank you.

Padmini Arhant

Written by Padmini Arhant · Filed Under Economy | Leave a Comment 

Economy – The Job Factor

September 7, 2010

By Padmini Arhant

The major national concern among the American families are finding and retaining jobs.

There is no doubt that jobs are Democrats’ priority in the Republicans created deficit economy.

Not surprisingly, the response to unveiling the economic plan at this time is “Too little, too late.”

It confirms political expediency to oppose the Obama initiatives rather than extending bipartisan support to help the President save American jobs.

Contrary to the political mindset in the election year, it’s never too late to rescue American workforce and people in distress.

With the high unemployment in certain parts of the country such as Ohio, California, Nevada, Pennsylvania, Indiana…the workers disappointment and voters’ anxiety is about the jobs and the economy.

President Barack Obama eloquently laid out some job aspects in Milwaukee, Wisconsin on Labor Day. The infrastructure proposal for repair, restoration and rebuilding America has great potential for jobs in the construction and service industry.

The President also clarified on the self-funding of the $50 billion job creation plan. Allocating the revenue from tax loopholes is fiscally responsible for it would not affect the contentious national deficit.

Moreover, the remaining funds from the earlier $787 billion stimulus bill allocated towards infrastructure could be verified and appropriated around this time.

Another bill that requires the legislators’ immediate attention is the $30 billion funding to community banks for small business lending in the worst hit areas of the economy. Again identifying wasteful spending to pay for the short and long term job opportunities is economically prudent.

The American plight from coast to coast is clearly visible seeking attention from both the private and public sector. Perhaps, the bipartisan recognition to set the political differences aside and work towards a common goal in the economic revival benefits all.

Those who are opposed to government spending to create jobs need to focus on the economic outcome i.e. helping American families with income that eventually returns to the government through consumer spending and taxes.

Unlike the same opponents’ “no-objection” on defense expenditure for warfare not only consumes enormous budget proportion but also contributes to the national deficit – prominently the two simultaneous wars in Iraq and Afghanistan that triggered the rising deficit problem during the former Republican administration led by President George W. Bush and Vice President Dick Cheney.

On the Democrat side, easing taxations on Corporations pledged to generate jobs has already been enacted in 2009. Further, facilitating job growth in the manufacturing sector would minimize the blue collar job losses and boost the service industry alongside.

The national consortium comprising both private and public enterprises on job stimulus by exchanging ideas and resources is poignant to jumpstart the economy.

By providing specific reasons behind the recent layoffs and slow hiring, the Corporations representing the manufacturing, service and other industries could assist the legislators and federal authorities in understanding the issues – so that remedial measures are implemented for the much anticipated economic recovery.

Similarly, outreaching the small business and retail communities for the targeted assistance would bring relief to the struggling American families.

It’s not sufficient to display mere empathy in these tough economic times. Consumers and businesses are looking for simple to innovative solutions in accelerating the job growth.

Financial sectors have not complied with their end of the bargain in expediting job production, although it was among the criteria during the massive taxpayer bailout in 2008 and 2009.

Credit crunch still remains an economic impediment for small businesses and retailers. Household income having declined due to the job situation, lack of home equity and volatile investment returns are directly affecting consumer spending.

Monitoring the housing market by extending the foreclosure moratorium, $8000 first home buyer credit and affordable refinancing could ease the burden on the homeowners besides improving national home sales figures. These concessions have been tried in 2009 and proved to be positive for the housing sector.

Social security is yet another priority for the baby boomers and retirees dependent on the income. The conservative candidates’ threat to privatize social security in any economic conditions is a political stance more than a pragmatic approach.

Job oriented economic resuscitation is much anticipated among the American workforce and made possible with the combined economic decisions from the private, state and federal institutions.

Above all, the legislators’ bipartisan actions in addressing the serious unemployment status serve as the litmus test for the congressional candidates in the coming elections.

The incumbents and the new candidates have much better prospects of prevailing upon their legitimate demonstration including actions to invigorate job market rather than criticism on the unemployment data.

Jobs are justifiably the primary expectations among the American electorate. Therefore, the private, the state and the federal investments in this respect is paramount.

While the private sector flourishes from consumer spending and investor holdings, the government will gain from tax revenues.

There is no time to procrastinate on this matter as American families are striving hard to provide for their loved ones and a majority of them are in dire financial crisis.

Hopefully, the lawmakers, corporate executives and the economists’ collective actions will soothe the economic pain experienced by many working families in the harsh and competitive job environment.

Your concerted efforts will be appreciated by the suffering American workforce when the economy turns around for common good.

Thank you.

Padmini Arhant

Written by Padmini Arhant · Filed Under Economy | Leave a Comment 

2010 Elections – The Balance of Power

September 6, 2010

By Padmini Arhant

With less than eight weeks for the mid-term elections, the speculations are the GOP will claim the House and the House majority leader will be John Boehner. Similarly, the speculators believe the GOP has a slim chance of taking over the U.S. Senate.

In view of the optimistic Republican forecast as potential majority House members it’s essential to review the GOP plans for the nation.

Currently, the GOP mantra is the economy they successfully transformed into near ‘Great Depression,’ during their majority rule in the House and Senate under the Republican administration of the former President George W. Bush and the Vice President Dick Cheney.

The Republicans might fervently argue that the Democrats controlled the House and the Senate since 2006.

Although it’s a valid argument, the Republican members always gain control over legislation regardless of them being the majority or the minority due to their allegiance to the special interests devising the bills in Capitol Hill.

Moreover, the former President George W. Bush vowed to veto the bills passed by the Congressional Democrats on every issue and the veto record exemplifies the oath.

Per the leading conservative talk show host complimenting on the previous Republican administration – “President George W. Bush was not the lame duck for the agendas were pushed against the Democrats will.”

The comment is accurate in that respect – prominently the Iraq war, financial deregulation, blank check to Wall Street and tax exemptions to the wealthy by letting the middle class America disappear with the lower income families in poverty were all the Republican achievements that drove the surplus economy into skyrocketing deficit mostly blown away in the illegal warfare.

The GOP economic plan is none and their winning strategy in the coming elections,

According to Wall Street Journal, September 2, 2010 – By David Wessel – Thank you.

“Republican rhetoric offers little help. To the quiet discomfort of a few GOP politicians and several who advise Republicans on economics, this year’s campaign, so far, has little of the substance that accompanied the 1994 Republican renaissance with then-House leader Newt Gingrich’s “Contract with America.

The only sure thing is that if President Barack Obama is for it, Republicans are against it.

Comments by Senate Republican leader Mitch McConnell a few weeks ago are typical:

If a bill doesn’t kill jobs or make it harder to create them, they’re not interested. It’s time for a different approach.”

This may be smart politics. Why be specific and give the other side a target, when you’re winning by riding a wave of voter frustration: Don’t like the Obama economy? Vote for us.

The closest Republicans come to a public economic agenda are speeches by their House leader, John Boehner, who promises more detail later this month to blunt Democratic efforts to paint Republicans as the “Party of No.”

For now, a few themes are evident.

One is that the spending-heavy Obama is a failure, often extrapolated into arguing that government spending is inherently bad.

“The common logic among Washington Democrats is that government spending creates jobs when that money is used to build a hiking trail or a playground,” Mr. Boehner said, disapprovingly, during an Aug. 24 speech in Cleveland.

Adds GOP Rep. Paul Ryan: “We are not Keynesians. We don’t believe in demand-side stimulus. We’re going to stop the spending spree.”

That’s easier to promise than do. Even spending foes, once in office, tend to spend.

“Prior to the Democrats’ takeover of the Congress and the White House in 2008, the Republicans ushered in the largest expansion of federal spending since the heydays of Lyndon Johnson’s Great Society in the 1960s,” says Alaska’s Joe Miller, who beat incumbent Sen. Lisa Murkowski in the Republican primary.

“You’re going to have a whole bunch of people coming here who aren’t going to want to vote for any spending bill—maybe defense? Maybe not?—to fund the government,” predicts Vin Weber, a former Republican congressman. That could force GOP leaders to rely on Democratic votes for spending bills to keep the government running, hardly a recipe for curbing spending.

The leadership’s avowed interest in promoting free-trade pacts, for instance, may not be shared by the populist Republicans who are winning primaries.

The absence of a coherent Republican agenda reflects more than the usual lack of consensus. The gap between current congressional leaders and tea-party activists is huge.”

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GOP Economic Plan Overview – By Padmini Arhant

There is no economic plan upon Rep. John Boehner assuming House leadership and likewise in the Senate.

Except for extending the 2000 – 2008 President Bush and Vice President Cheney’s failed economic policy.

1. Renewing all the Bush tax cuts is a top GOP priority.

2. Business friendly tax cuts enabling massive Wall Street CEO Bonuses.

3. A big corporate tax overhaul that cuts rates now – Inevitably depriving revenue for the nation, besides widening the national deficit to an alarming proportion – precedence set by the Republican administration with unique expertise in this regard.

Ironically, it’s also the GOP’s main criticism against President Barack Obama even though the President has diligently set up bipartisan committee on deficit control.

4. Promoting free trade pacts – outsourcing 90% American jobs overseas enlarging the unemployment indefinitely and facilitating,

5. Small businesses, Retail and Wholesale industry collapse from the lack of consumer spending.

On the contrary, the Congressional House Democrats under the efficient and result oriented Speaker Nancy Pelosi passed the following legislation – swiftly and favorably to all Americans including the Small Businesses and Corporations to promote job growth.

Ref: http://thomas.loc.gov/cgi-bin/bdquery/d?d111:0:./list/bss/d111HR.lst:

1. H.R.1: American Recovery and Reinvestment Act of 2009 – keeping 750,000 and more Americans employed with a significant rise in the immediate future upon complete investment.

2. H.R.2 : Children’s Health Insurance Program Reauthorization Act of 2009

3. H.R.11: Lilly Ledbetter Fair Pay Act of 2009 – Guarantees equal pay for women that were denied by the Conservative Supreme Court votes followed by the Republican Senate coherence to the equal rights denial to women. The bill was passed through Democrats votes.

4. H.R.12: Paycheck Fairness Act – Subsequent to Republican Senate ‘Nay’ votes for equal pay to women, the matter was introduced through a new bill and passed with the Democrats votes.

5. H.R.13: TEACH for Our Future Act of 2009 – Focused on Higher Education, Lifelong Learning, and Competitiveness. Referred to the Subcommittee related to Higher Education…

6. H.R.14: Federal Ocean Acidification Research And Monitoring Act of 2009 – Referred to the House Committee on Science and Technology.

7. H.R.78: Stop Mortgage Fraud Act – Latest Major Action: 4/1/2009 House committee/subcommittee actions. Status: Committee Hearings Held.

8. H.R.83: Homeowners Insurance Protection Act of 2009 – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the House Committee on Financial Services.

9. H.R.84: Veterans Timely Access to Health Care Act – Latest Major Action: 3/25/2010 House committee/subcommittee actions. Status: Subcommittee Hearings Held.

10. H.R.74: Financial Oversight Commission Act of 2009 – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the House Committee on Financial Services.

11. H.R.58: Green Schools Act – Latest Major Action: 3/16/2009 Referred to House subcommittee. Status: Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

12. . H.R.52: Tropical Forest and Coral Conservation Act – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the House Committee on Foreign Affairs.

13. H.R.49: American Energy Independence and Price Reduction Act – Latest Major Action: 2/4/2009 Referred to House subcommittee. Status: Referred to the Subcommittee on Energy and Mineral Resources.

14. H.R.47: Expand and Preserve Home Ownership through Counseling Act – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the House Committee on Financial Services.

15. H.R.46: Family Self-Sufficiency Act of 2009 – Latest Major Action: 4/30/2009 Referred to Senate committee. Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

16. H.R.43: Medicare Access to Rehabilitation Services Act of 2009 – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

17. H.R.21: Ocean Conservation, Education, and National Strategy for the 21st Century Act – Latest Major Action: 6/18/2009 House committee/subcommittee actions. Status: Subcommittee Hearings Held.

18. H.R.16: To amend the Internal Revenue Code of 1986 to make permanent the deduction of State and local general sales taxes – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

19. H.R.15: National Health Insurance Act – Latest Major Action: 1/6/2009 Referred to House committee. Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

20. Economic bills to stimulate job growth, Financial Reform, Health Care law, Unemployment Benefits extension and energy bill are the hallmark of Speaker Nancy Pelosi leadership.

Together with the extremely hardworking Democrat legislators alongside selective few Republican members votes made the historic legislation possible.

The choices are clear. American jobs, economy, education, health care, environment and energy independence are the Democrats priority.

Whereas the Republican leadership under John Boehner is clueless evidenced in the Wall Street Journal report and the minority leader’s interviews.

Why would the American electorate reject a bright future with Democrats under the leaderships of Speaker Nancy Pelosi in the House, Senate Democrats majority and President Barack Obama?

When they are all constantly engaged in improving American lives.

Quoting from the cited Wall Street Journal report –

“Many Republicans are running on “anger.” That may win the election; it’s hard to turn into a legislative agenda.”

Further, the Republican election winning strategy is to create a wedge between the solid Democrats working towards economic recovery and social progress. Usually it’s premised on distortion, false propaganda and negative attacks considering there is no specific economic or other proposals from them to move the nation forward.

GOP might have won in the past on divide and rule, polarization tactics. However, disregarding the reality on their track record that will be clarified and presented loud and clear to protect the American electorate from being misled in the coming weeks nearing election – is underestimating voter decision power.

After all, actions speak louder than rhetoric.

American voters’ prospects are assured under Democrats rule in the House, Senate and the White House.

The Republican action thus far has been protesting every legislation – particularly the jobs bill, economic revival such as unemployment extension, tax credits for consumer spending, payroll tax exemption to small businesses and corporations, $30 billion to community banks for small business lending…and,

Importantly they were against Wall Street reform and everything to do with national interest.

Republican candidates are hopeful in November 2010 to win the elections through their relentless support to Wall Street and the special interests’ campaign financing.

Unlike the Democrats accomplishments and future commitments towards American families and businesses that confirm their candidacy.

Please safeguard and secure your own, your family and the next generation’s prosperity by granting the Democrats a super majority status in the House and the Senate.

It’s well known that the Republican balance of power consistently produce “Washington gridlock,” – rewarding the special interests at the average American plight.

Allowing that to happen would be devastating for the national and global economy with slow and steady growth.

Notwithstanding history repeating itself reminiscent to 2000 – 2008 – President Bush and Vice President Cheney era.

Please visit the websites – www.dcccc.org, www.dscc.org. www.dnc.org and www.dga.org with your generous and affordable donations to help all Democratic contenders win the congressional election in November 2010.

Thank you.

Padmini Arhant

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Presidential Address on Iraq Troop Withdrawal

September 1, 2010

By Padmini Arhant

The decision on Iraq is poignant in the domestic front. The Iraq war investments could be directed towards our economic goals as it’s the legitimate priority for the struggling American families.

President’s speech was well poised on the importance of the Iraqi government formation that represents the secular society, precisely the electoral mandate delivered by the Iraqis in March 2010.

Iraqi security is the lingering concern among the citizens and the international community.

Again, political stability and governance that guarantees progress and protection to the entire nation would succeed against any threats within or outside the boundary.

Hopefully, the incumbent Iraqi administration would soon concede to the democratic choice favoring the all inclusive political party led by the former Prime Minister Ayad Allawi and allow national diversity to prevail.

President Barack Obama – Thank you for keeping your campaign promise to the American electorate.

Padmini Arhant

Written by Padmini Arhant · Filed Under International Politics | 1 Comment 

Economy, Jobs and Housing Market Assessment

August 30, 2010

By Padmini Arhant

The economy, job and housing market are the most important issues for the American electorate.

An overwhelming population is experiencing tough economic situations one way or another and there is legitimate concern over the rising deficit as well.

President Barack Obama and Congressional Democrats achievements, work-in-progress including the remedial measures are elaborated for better understanding and fair assessment.

Upon assuming office President Barack Obama and the Congressional Democrats passed the economic stimulus bill worth $787 billion to salvage the economy from ‘Great Depression,’ at that time.

This step was vital for the U.S. and the global economy on the precipitous decline following,

The previous administration’s deficit spending on two simultaneous wars in Iraq and Afghanistan,

Facilitating financial market recklessness,

Free market deregulations in finance, health and energy industries,

Widening deficits through financial and auto industry bailouts with no accountability

Allowing Corporations to evade taxes on domestic and overseas earnings with adverse effects on national revenue.

Extending tax cuts for the wealthy – are the few recipes that triggered the economic disaster.

The policies were implemented at U.S. taxpayers and the average Americans colossal expense.

By neglecting the national requirements – prominently the job and housing market deceleration, the infrastructure repair and restoration, education, health, social security, veterans’ health care, small businesses and the American families in general.

President Barack Obama then introduced “The American Recovery and Reinvestment Act” for $787 billion in February 2009.

It comprised –
• $288 billion in tax cuts.
• $224 billion in extended unemployment benefits, education and health care.
• $275 billion for job creation using federal contracts, grants and loans.

The main objective was to invigorate economic and job growth at an estimated 900,000 – 2.3 million jobs.

Further, the stimulus fund was spread over ten years with the first three fiscal years receiving the major allocation.

The Congressional Budget Office (CBO) projected the stimulus funds would boost GDP growth by 1.4% – 3.8% at the end of 2009.

GDP growth for Q4, 2009 – 5.6% when including the businesses low inventory replenishment.

Otherwise the growth reported to be 1.8%.

According to (BEA) Bureau of Economic Analysis, Trading economics – Bloomberg – Thank you.

“The current GDP growth is 2.40%, with Growth rate – 1.60%, Inflation rate – 1.20%, Jobless rate – 9.50%, Interest rate – 0.25%.”

A significant increase when compared with the negative GDP growth -6.80% in December 2008.

The economy has moved from the negative to a positive trend with a present annual growth rate at 1.60%.

Beginning 2010, the economic figures in the first and second quarters are very encouraging and attention worthy.

GDP before adjusting for inflation in Q1 (Jan – Mar) 2010 rose to 4.8% and Q2 (Apr – Jun) 2010 – 3.6%.

GDI – Gross domestic income – the individuals, private and public sector combined income reportedly increased by 2.3% annual rate for Q2, 2010 after gaining 4.1% in the first quarter – Q1, 2010.

Corporate profits after an impressive 10.5%increase in Q1, 2010, rose by 4.6% for Q2, 2010 – still maintaining the gain from Q2, 2009.

Similarly the higher earnings by 39 percent in Q2, 2010 is relatively progressive than the 2009 second quarter.

Consumer spending for Q1, 2010 – 1.9% and Q2, 2010 – 2% exceeding the previously expected 1.6% pace for the second quarter.

Wages and salaries for Q1, 2010 increased by $6.5billion from the fourth quarter i.e. Q4, 2009.

Company inventory in Q2, 2010 was 0.65% against 2.64% for Q1, 2010. However, the business capital expenditure on structures, equipment had surpassed the prior projection of 22 percent to 24.9 percent.

Trade gap seemingly grew to $445 billion for Q2, 2010 in excess of the previous estimate at $425.9 billion confirming the import level at 32.4%.

It’s clear from the data that the economy in 2010 is comparatively a vast improvement to 2008.

The modest annual rate 1.60% is attributed to numerous factors:

Despite 39 percent increase in 2010 second quarter corporate earnings, the companies have contracted inventory spending, payrolls and lowered employee wages contributing to sluggish job growth and household income reduction eventually having an impact on the economic stimuli – the consumer spending.

Consumer spending also affected by the lack luster housing and stock market performance with majority households dependent on investment income.

Notwithstanding the ripple effect on the small businesses relying on retail purchases.

In addition the rising imports at 32.4 % suggest the lagging manufacturing industry require substantial private investments to provide the anticipated jobs.

Perhaps, capital gains tax relief might incentivize corporations to promote jobs in the manufacturing and service sector. The consideration could ease the burden on Congress in extending unemployment benefits to the jobless.

Per Recovery Accountability and Transparency Board that oversees spending under American Recovery and Reinvestment Act of 2009 available at:

http://www.recovery.gov/Pages/home.aspx – Thank you.

Recovery funded jobs reported by recipients – 749,597 as of June 30, 2010.

“Job calculations are based on the number of hours worked in a quarter and funded under the Recovery Act.”

Evidently, the $787 billion has not been entirely invested in the economy to realize the immediate goals – jobs, housing and stock market appreciation to generate consumer spending and ultimately the desirable GDP growth.

Stimulus fund investment verification:

Tax Benefits:
Allocation – $288 billion
Investment – $223B /77%
Remaining Fund – $ 65B / 23%

Education, Jobless Benefits etc.:
Allocation – $224 billion
Investment – $143B / 64%
Remaining Fund – $ 81B / 36%

Contracts, Grants & Loans:
Allocation – $275 billion
Investment – $139B /51%
Remaining Fund – $136B /51%

President Barack Obama, Vice President Joe Biden and the Congressional Democrats have passed the crucial legislations to stimulate the different economic sectors.

Housing Market – Foreclosure moratorium to contain the bleeding and refinancing at affordable payments has saved homeowners from losing their homes. The documentation and eligibility cited as the reasons for the programs’ average success.

Addressing these issues would enormously benefit many homeowners and revive the housing market.

Also, the $8,000 credit to first home buyers enabled the market to rein in on falling home prices nationwide.

Therefore based on the results, extending the moratorium and first homebuyer credits, refinancing options by reviewing the eligibility criteria to include more struggling homeowners could be helpful to the housing sector.

Tax benefits: President Barack Obama and Congressional Democrats have been extremely diligent in this respect.

Tax breaks to 99% represented by average Americans, small businesses, corporations creating or saving employment, payroll taxes, tax exemption to seniors with moderate income $50,000 or less, consumer rebates and credits on home and automobile transactions – proof is in the data for 77% of the allocated stimulus fund has been invested.

The recent $26 billion bill for unemployment benefits extension and the federal aid to cash-strapped states to prevent job losses as well as essential programs termination directly influence consumer spending.

Investments in infrastructure projects such as highways and roads, the electric power grid, dams, bridges, levees, water mains and sewer systems, airport, public transportation system expansion by building new high-speed passenger rail systems were in the job creation proposal.

Although, the target is – 900,000 – 2.3 million jobs, it’s distributed across the economic spectrum ranging from green jobs, infrastructure, manufacturing and service sector to small businesses.

A bulk of it to be absorbed by the private sector contrary to the false propaganda on the alleged government take-over of the free market.

President Barack Obama’s timely intervention in the auto industry attracted criticism from the opposition.

Nonetheless, today the state of Michigan that was worst hit in the economic recession is experiencing job growth in the auto industry due to the Obama administration rescue plan.

Stimulus package has been directed towards saving multitude jobs for the beleaguered local school districts that threatened teachers’ salaries with layoffs and cutbacks,

Federal grants to make education affordable for students – Pell Grants for college education and ‘race to the top’ federal funds for schools across the nation.

Adequate medical coverage for military members and their families and $1 billion for the Veteran’s Administration – which suffered severe cutbacks under President Bush and Vice President Dick Cheney that led to the Walter Reed Army Hospital closure at the peak of Iraq and Afghanistan wars.

In an effort to care for the children and seniors – Food programs for low-income Americans, including $150 million to help refill food banks, $100 million in meals programs for seniors, and $100 million for free school lunch programs – all ignored by the former administration.

Deficit management is possible with the troop withdrawals from Iraq and Afghanistan, constrain defense expenditure, health care costs savings and economic surge producing revenues, besides optimizing GDP growth through exports.

Above all, President Barack Obama and the Democrats legislative successes are phenomenal.

Historic reforms in finance and health care in tandem with bipartisan committee on deficit control deserve recognition.

The economy, jobs and the housing market are the President and the Congressional Democrats’ priority and they continue to explore all options in expediting the economic recovery.

If not for their hard work and determination to improve American lives, the pessimistic view on the economy would have prevailed.

Congratulations! To President Barack Obama, Vice President Joe Biden, the Congressional Democrats and the selective Republican members for the milestones reached thus far and the impending legislations to move our great nation forward.

All the more reason to elect the Democrats for a super majority in the House and the Senate, so that President Barack Obama can complete the tasks in every respect, particularly accelerating the job growth, stabilizing the economy and energizing the housing market.

A great future is certain with President Barack Obama, Vice President Joe Biden and the Democrats majority in Congress.

Please visit the DNC, DSCC, DCCC and DGA websites for your generous contributions to elect the new and incumbent democrats in November 2010.

Thank you.

Padmini Arhant

Written by Padmini Arhant · Filed Under Economy | Leave a Comment 

Iraq – Partial Troop Withdrawal

August 22, 2010

By Padmini Arhant

Congratulations! To President Barack Obama, the United States Military and the coalition forces in the decision on the estimated 50,000 troop withdrawal from combat position in Iraq.

The President fulfilling the campaign commitment on timeline troop withdrawal is praiseworthy with the remaining forces to be withdrawn at the end of the year 2011.

However, the Iraqi national security is directly related to the political stability that remains unresolved.

The incumbent Prime Minister Nouri-Al-Maliki refusal to honor the Iraqi electorates’ will is contributing to the perpetual violence claiming innocent lives and enabling the insurgents’ establishment in the exhausted and war torn Iraq.

Perhaps, if Prime Minister Maliki were to prioritize his country’s interest over personal political ambitions by allowing the electorate mandate to prevail and that being,

The secular government comprising the Shi‘ite, Sunni and other minorities representing Iraq led by Prime Minister-elect Ayad Allawi, then Iraq would be debating on the economic issues rather than dealing with incessant bombings and explosions.

The people of Iraq could initiate the immediate formation of the secular government they elected back in March 2010 by urging the Iraqi leadership to recognize the importance in having a functional government to address all national issues.

A failure would result in the Iraqi security forces taking much longer to maintain law and order without a nationally approved federal authority in power.

Prime Minister Nouri-Al-Maliki and the political faction are undermining the fragile democracy in Iraq obtained through sacrifices from Iraqis and the U.S. as well as coalition armed forces.

Meanwhile, the lack of evidence in U.S. and international pressure on the Iraqi political situation is exacerbating the national security.

The default is also promoting Iran’s influence and the militants’ operations in Iraq.

Troop withdrawal from Iraq is a tremendous relief to the U.S. economy and a welcome change in the defense strategy with the credit attributed to President Barack Obama and all others responsible for the action.

Iraq’s future is entirely dependent upon the elected representatives expediting the March 2010 political outcome and granting the long beleaguered nation a secular, sovereign status.

Best wishes to the people of Iraq in forming a viable democratic government committed to long lasting peace and economic progress for all citizens.

Thank you.

Padmini Arhant

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Democrat Candidate U.S.Senator Barbara Boxer – State of California

August 13, 2010

By Padmini Arhant

The California Senator is due for re-election in November 2010 after having diligently performed the constitutional duties in the best interests of the State of California, the United States and the international community at large.

Since 1992, Senator Barbara Boxer has served the Golden State and the great nation of the United States.

The Senator’s stellar record speaks volume about her dedication, ingenuity and above all conscientious decisions in matter related to the national and international interest.

Please refer to Senator Barbara Boxer’s extensive Public Service Record on;

http://en.wikipedia.org/wiki/Barbara_Boxer

Senator Barbara Boxer is the incumbent –

Chairwoman of the Senate Committee on Environment and Public Works,

In addition to serving as;

The Chairwoman of the Senate Select Committee on Ethics.

Both Committees are highly significant and Senator Barbara Boxer has impressively demonstrated her commitment to the environment as well as the ethics committee.

Senator Barbara Boxer is a distinguished Congress member and has consistently delivered for the average Americans who are often neglected in the special interests dominant legislative matter.

The Senator’s pragmatism has not only benefited her constituents in the State of California but also the entire nation.

Senator Barbara Boxer is a true representative of the democratic electorate having been the human rights stalwart aptly reflected in the various legislations.

Senator Barbara Boxer has risen to the occasion throughout her Congressional career to defend and promote the socio-economic status of all Americans especially the disenfranchised segments in the society.

While, the Senator has extended bipartisan support and worked across the aisle on important legislations,

She has not hesitated to challenge the fierce opposition against democrats’ policies aimed at improving American lives or national image.

Senator Barbara Boxer is a valuable asset to the Democratic Party, the esteemed Congress, the State of California and the United States.

People in the democratic base, the independents and others across the political spectrum are best served by the energetic, thoughtful and the doer democrat from California –

The Hon. Senator Barbara Boxer.

Senator Barbara Boxer’s opponent, the Republican candidate and a former Corporate Chief Executive Carly Fiorina is disproportionately funded by the special interests over and above the contestants’ personal campaign investment.

Considering the Republican members’ failure to prioritize American people over politics in all legislation,

The democrats have been forced to make huge concessions to win the odd Republican votes on major issues concerning the American electorate and the economy.

Prominently, the finance reform bill was recently passed with a $19 billion tax exemption to Wall Street for the Republican Senator Scott Brown’s vote in the Senate.

Campaign finance reform is compromised rendering the bill a mere formality and still without any
hope of being passed.

Evidently, it’s a battle to secure Republican members’ votes in the House and the Senate due to their solemn pledge to the special interests.

Your participation in the electoral process beginning now is extremely crucial for economic revival and to move the nation forward.

Please send any affordable or generous donations to re-elect the democrats like Senator Barbara Boxer, Governor Jerry Brown, and Congressional democratic contenders across the nation.

An overwhelming majority in the House and the Senate would enable the Democrat Congress members
succeed in effective representation.

Besides, better future for the American electorate.

Thank you.

Padmini Arhant

P.S.: Please send your contributions to the following address or visit their websites.

www.barbaraboxer.com
Barbara Boxer
United States Senator
P.O.Box 93969
Los Angeles, CA 90093

DCCC – Democratic Congressional Campaign Committee www.dccc.org

Attn: Speaker Nancy Pelosi
430 South Capitol Street S.E.
Washington, D.C., 20003

DSCC – Democratic Senatorial Campaign Committee www.dscc.org
Attn: State Senator (?)
120 Maryland Ave., N.E.
Washington, D.C. 20002.

DGA – Democratic Governors Association – www.democraticgovernors.org
1401 K Street, NW
Suite 200
Washington, DC 20005

Written by Padmini Arhant · Filed Under United States | Leave a Comment 

California Proposition 8 Victory

August 6, 2010

By Padmini Arhant

Heartfelt Congratulations! To the LGBT community and Gay rights advocates on the recent victory.

On August 5, 2010 the California federal court Judge Vaughn R. Walker ruled against Proposition 8 that banned same-sex marriage.

The issue had been long contested by the opponents through various avenues – legal, ballot and legislative measures.

Yesterday’s ruling confirms the unconstitutionality surrounding the voter supported Proposition 8 that deprived society’s specific members the equal rights in all matter.

With this verdict, a significant progress has been made thus far.

The debate has evolved into a much better understanding of the prevalent social injustice prompting legislative actions by the Democratic Congress to protect these citizens from discriminatory practices including,

President Barack Obama’s actions extending equivalent benefits to federal employees and gay rights expansion in every possible dimension, not to mention the initiative to repeal ‘Don’t ask don’t tell,’ policy in the military.

There is still a great deal of efforts required in invoking natural empathy, the inherent human quality latent in the contemporary society,

For the civil union continues to be the political choice over legitimacy to formalizing the marital status.

Nevertheless, the gay rights movement has gained impressive momentum through myriad sources and it will soon be triumphant nationally in this regard.

Incremental winnings provide optimism in the targeted goals and the gay members deserve to prevail at every opportunity.

Any society that believes in – “All are created equal in every respect,”

They would unequivocally favor the simple desire for “same-sex,” marriage among their fellow human beings without subjecting them to individual perceptions.

Best Wishes and Good Luck! To the gay activists for more positive outcome not only in this issue but also the ‘don’t ask don’t tell,’ matter.

Thank you.

Padmini Arhant

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Judgment Deliverance

April 12, 2010

By Padmini Arhant

Judgment delivered against the 44th President of the United States:

President Barack Obama you have failed the people of the United States.

You have violated the people’s trust in the national health care legislation.

You have committed an act of treason against the nation you were elected to serve.

The office of Presidency has been ill-served under your guidance.

I seek your resignation and offer you the opportunity to step down from the office of Presidency gracefully effective immediately.

Thank you.

Padmini Arhant

Written by Padmini Arhant · Filed Under Ethics | Leave a Comment 

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