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Viewing entries tagged Government Subscribe to feed
Donald E. Hester

The Difficulty in Voting Responsibly

by Donald E. Hester
Donald E. Hester
Husband, father, and adventurer. A computer science instructor who dabbles in t
User is currently offline
on Wednesday, 04 January 2012
Current Events 1 Comment

Washington DC

 

I have found that the Internet does give us unprecedented access to information. However, not all information on the Internet is worth having. Now that we have an election coming up, I am having a difficult time finding accurate, fair, and balanced information about candidates. What I find is a bunch of other people’s opinions about the candidates. Should I really base my vote on someone else’s opinion?

We have a participative form of government here in the United States. If you think about it, we have the power. Who we elect will shape not only our future but the future of the entire world. I think we have a responsibility to vote wisely.

As we learn from Spiderman “With great power come great responsibility.” I actually believe, and for good reason, that I have a responsibility to vote and to be informed on the issues I am voting on.

I was just reading a piece today about a candidate and the article was nothing more that twisting the candidates statements out of context, misrepresentations, fear mongering and mudslinging. What followed were comments that followed that same vein.

I actually want to be educated about the issues and I can’t do it. It is as if there is an invisible force that makes getting educated on the issues nearly impossible. Do I really have to dig up my own source documents and research each point? When was the last time you heard from an accountant about the state or federal budgets? We always hear it from people who can’t balance their own checkbook, let alone the government’s budget.

Why is it when we ask for reasons why we should pass a law people attack you? They call you names because you don’t accept what they say and just believe that they have it right. Since when is it wrong to ask for reasons? This just happened to me last month on the gay marriage debate. I was asking a supporter of gay marriage about the role of government in marriage, asking for reasons why they think it is a civil right issue, etc…

I am not trying to be divisive; I am trying to be informed on the issues. I think, with any issue, we should know the pros and the cons and be able to ask questions without being attacked. Instead, you get empty rhetoric and unqualified, biased opinions.

Tags: Elections, Rhetoric, Politics, Voting, Government, Civics, Information
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Donald E. Hester

Tax Day!

by Donald E. Hester
Donald E. Hester
Husband, father, and adventurer. A computer science instructor who dabbles in t
User is currently offline
on Wednesday, 15 April 2009
Current Events 0 Comments

alt

Taxes the most despised and shady business there is. I gathered a few quotes on taxes for your pleasure. There are always crooks involved with taxes whether it be congress taking more than is needed or the individual who cooks his/her books so that he can pay as little as possible. Enjoy these gems as you send your money away to Uncle Sam. By the way, do you know what they spend that money on?

Here a sample of what they spend the money on:
http://www.cagw.org/site/PageServer?pagename=reports_pigbook2009
 
 
Quotes:
 
“The only difference between a taxman and a taxidermist is that the taxidermist leaves the skin.” - Mark Twain

“It is a good thing that we do not get as much government as we pay for.” - Will Rogers

“There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him.” - Robert A. Heinlein

“When there is an income tax, the just man will pay more and the unjust less on the same amount of income.” – Plato

“The point to remember is that what the government gives it must first take away.” - John S. Coleman

“A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.” - G. Gordon Liddy
 
“Therefore because you trample on the poor and you exact taxes of grain from him, you have built houses of hewn stone, but you shall not dwell in them; you have planted pleasant vineyards, but you shall not drink their wine.” – Amos 5:11 ESV
 
“Render to all what is due them: tax to whom tax is due; custom to whom custom; fear to whom fear; honor to whom honor.” Romans 13:7 NASB
 
“And the scribes of the Pharisees, when they saw that he was eating with sinners and tax collectors, said to his disciples, “Why does he eat with tax collectors and sinners?” Mark 2:16 ESV
Tags: Government, Financial Collapse, Economics
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Donald E. Hester

The FDIC has you covered, right?

by Donald E. Hester
Donald E. Hester
Husband, father, and adventurer. A computer science instructor who dabbles in t
User is currently offline
on Wednesday, 18 February 2009
Current Events 0 Comments

  Money, coins, bills

I had a few people ask me if they should take their money out of the bank for fear that if a bank collapses they would lose all their money. I was not worried because the FDIC insures our money, right? 
 
The Federal deposit insurance protects the first $100,000 of deposits that are payable in the United States in 8,451 US banks. Of those banks $13.3 trillion in deposits are insured. This is the money that we have in the banks. How much does the FDIC have to pay out if a bank fails? The FDIC has, as of 3rd quarter 2008, $38 billion to pay out.
 
When people start saying millions, billions and trillions people go glassy eyed and I don't think they have a proper perspective. Lets look at all the zeros.
 
 
$100,000.00 deposit amount individually that is insured
$13,300,000,000,000.00 total amount of all accounts insured
$38,000,000,000.00 total amount of money FDIC has to pay out
$0.76 amount you would receive per $100 deposited, if the FDIC had to pay out on all accounts
                
 
It is true that not every bank would fail at the same time or ever.  Only a percentage of them would fail, right? Who knows. The numbers tell me that if there is a run on the banks we are all screwed.
 
I hesitate to mention that the Banks have exposure in derivatives (SIV, CDOs, CLOs, CBOs, CIOs, and CDOs of CDOs) of over $700 trillion. Lets see the zeros again: $700,000,000,000,000.00. Of that how much equity to the banks have? Less than 1%. Precarious hardly describes it.
 
Will this lead to a World Bank like the Federal Reserve on a global level? Who knows.
 
Check out Michael Lewis and David Einhorn, "The end of the Financial World as we Know it," New York Times January 4, 2009 and FDIC/IRA Bank Monitor, Q1 2008
Also
http://en.wikipedia.org/wiki/Collateralized_loan_obligation
http://en.wikipedia.org/wiki/Life_Insurance_Securitization
http://en.wikipedia.org/wiki/Derivative_(finance)
Tags: Government, Financial Collapse, Politics, Economics
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Donald E. Hester

The end? A new beginning? What will Obama bring?

by Donald E. Hester
Donald E. Hester
Husband, father, and adventurer. A computer science instructor who dabbles in t
User is currently offline
on Tuesday, 20 January 2009
Government 0 Comments

alt

As I sit an watch the 2009 inauguration of Barack Obama I can't help but wonder about people and how much they over react. Some call him a savior and others call him the anti-Christ. I think both views are a bit extreme. I seem to recall the same feelings when George Bush was elected. Some people wept because they literally thought that it was the end of abortions and that a gun was going to be held to their heads if they did not pray in schools. Others though he was chosen by God to lead us. Personally, I think he is just a man, fallible and imperfect. Neither the best nor the worst. Having difficult decisions to make that we as armchair quarterbacks can second guess but could do no better ourselves.

What will Obama bring us? Some say hope others say ruin. Public opinion may be high but that doesn't make the president.
 
Rick Warren's prayer was great. Other people talked but nothing outstanding. Obama's speech I would say was cautious, somber and yet hopeful. I think it is what America expected to hear and what we wanted to hear. It wasn't a MLK or JFK speech, but it was a definite change in tone from our last President. At one point I felt like he was giving a speech as president of the world. I think it was the idea that America has responsibility to other poorer nations.
 
I definitely have libertarian tendencies when it comes to Government's role in our lives. However, he took a vow to uphold and defend the constitution of the United States. As long as he fulfills his vow he has my support.  I hope that he is truly committed to ending politics as usual.
 
To our new President, God bless!
Tags: Elections, Government, Politics
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Donald E. Hester

Revolutionary Characters: What Made the Founders Different

by Donald E. Hester
Donald E. Hester
Husband, father, and adventurer. A computer science instructor who dabbles in t
User is currently offline
on Friday, 09 January 2009
Book Reviews 0 Comments

altRevolutionary Characters: What Made the Founders Different (Unabridged) by Gordon S. Wood. This book was a great listen. It covered the founding fathers in a way I haven't heard or read yet. It was balanced. They were not portrayed as demigods or vilified as demons. They were portrayed in a manner that was balanced and informational. It is far better than one of my history books that vilifies them for what was then a social norm because now it is considered unconscionable. Other, mostly older books, portray them as some type of titanic individuals who were always noble and unblemished. It is refreshing to read something that does not try to convert the readers to their point of view.

The book covers George Washington, Thomas Jefferson, Benjamin Franklin, Alexander Hamilton, James Madison, Thomas Paine, Aaron Burr, & John Adams.
 
It is fair to say that the United States is nothing that any of these men singularly envisioned it to become. Instead, it is a culmination of what each of them envisioned. This, as it turns out, is the best possible outcome. None of us would want the country that anyone of them individual imaged. We are the beneficiaries of a corporate endeavor taken on by these men. We did not get a pure democracy where the rule of the majority outweighs the minority. Collectively they developed a system of government never before seen where majority rules but not at the expense of the minority or one. This system of government derives its power from the people, not the aristocracy or heredity. Collectively they set the stage for the emancipation of the slaves and women's rights.
 
I see many arguments about the founding fathers where they try to say "they" collectively where this or that by sighting an example of one of these men. With this group, you cannot take what one of them believed or envisioned the future to be. You have to view them collectively, for that is how they build this country, collectively.
 
I have a greater appreciation for what they did and what it took to create this nation. I still think it is flawed, but not as bad as any other government yet devised by man. When the founding fathers established this nation, they created a government with checks and balances to control corruption and keep the government from becoming a tyranny to the people. 
 
The true power in this nation comes from the people, or what we call popular opinion. Popular opinion is what rules this nation. It was true at the birth of this nation and it is still true today. By the 1790's many of them knew they needed to influence popular opinion in order to get elected or stay elected. Around that time, the press learned that they could influence popular opinion and have done so ever since. With technology, the press can influence popular opinion at a greater level and some people are beginning to think it is moving from influence to controlling popular opinion. The one good thing about technology, or perhaps it is a bad thing, is that everyone can have an opinion and disseminate it without the press controlling it. This blog would be a great example of that. However, with everyone stating their opinion, their voice may be lost in a sea of unintelligible voices.
 
What the Critics Say
"These pieces add perspective to the founding fathers." (Publishers Weekly)
"The most respected among all scholars of the colonial and Revolutionary periods." (The Washington Post Book World)
 
Publisher's Summary
Even when the greatness of the founding fathers isn't being debunked, it is a quality that feels very far away from us indeed: Washington, Adams, Jefferson, Madison, and Co. seem as distant as marble faces carved high into a mountainside. We may marvel at the fact that fate placed such a talented cohort of political leaders in that one place, the east coast of North America, in colonies between Virginia and Massachusetts, and during that one fateful period, but that doesn't really help us explain it or teach us the proper lessons to draw from it. What did make the founders different? Now, the incomparable Gordon Wood has written a book that shows us, among many other things, just how much character did matter.
Revolutionary Characters offers a series of brilliantly illuminating studies of the men who came to be known as the founding fathers. Each life is considered in the round, but the thread that binds the work together and gives it the cumulative power of a revelation is this idea of character as a lived reality for these men. For these were men, Gordon Wood shows, who took the matter of character very, very seriously. They were the first generation in history that was self-consciously self-made, men who understood the arc of lives, as of nations, as being one of moral progress. They saw themselves as comprising the world's first true meritocracy, a natural aristocracy as opposed to the decadent Old World aristocracy of inherited wealth and station.
Gordon Wood's wondrous accomplishment here is to bring these men and their times down to earth and within our reach, showing us just who they were and what drove them. In so doing, he shows us that although a lot has changed in 200 years, to an amazing degree the virtues these founders defined for themselves are the virtues we aspire to still.
©2006 Gordon Wood; (P)2006 Penguin Audio, a member of Penguin Group (USA) Inc., and Books on Tape. All rights reserved. Penguin Audio is a member of Penguin Group (USA) Inc.
 
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Tags: Civics, Government, Politics, Founders, History, United States
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