• Animals,  California,  California Election 2012

    New Finance Web Site Highlights California Political Campaigns

    Dollar Dollar Bill website

    Dollar, Dollar, Bill

    This is a fun website which is the brainchild of Democrat Speaker Perez’s staffer Ryan Hughes.

    A new campaign finance web site is circulating the Capitol Twitterverse. Dollar, Dollar, Bill allows users to see in graphic format how contributions are stacking up in California political races. The site scans the Secretary of State’s database every 20 minutes and displays contributions to campaigns and IEs associated with legislative races and ballot measures.

    The tool is the brainchild of Ryan Hughes, a staffer in the office of Assembly Speaker John A. Pérez. Hughes says Dollar, Dollar, Bill is nonpartisan. “This project is completely objective and without commentary,” he said in a statement announcing the site. “It’s designed to give everyone an intuitive look at how much money is being raised and spent in our elections.”

    Go ahead and play with it.

    There sure is a good deal of campaign cash being sloshed around California’s elections, no?

    The Twitter feed is even more revealing – give it a try, too.

    If that is not enough for the California political junkie, I have also been using Election Track which also has a Twitter feed @electiontrack for large, and last minute contributions.

    Enjoy!

  • Barack Obama,  economics,  Inflation,  Jimmy Carter

    Shocker: American Dollar Craters as Obama Debt Mounts

    dollar-falls

    News Item: Dollar hits new multimonth low vs euro, pound, yen

    The dollar kept falling Friday, notching fresh multimonth lows against the euro, pound and yen as a warning that Britain’s debt level may result in its credit rating being cut ricocheted into worries about the massive U.S. deficit.

    The 16-nation euro rose to $1.4015 in morning trading from $1.3889 in New York late Thursday—its first time above $1.40 since Jan. 2.

    The British pound rose to $1.5916 from $1.5890, peaking at $1.5945 earlier in the session, its highest point since Nov. 6.

    Meanwhile, the dollar edged up to 94.51 Japanese yen from 94.23 yen—after earlier falling to 93.82, its lowest point since Feb. 23.

    “The problem for the U.S. is particularly acute because of its reserve status,” said UBS analyst Brian Kim in an e-mail to investors Friday. Major holders of U.S. debt, such as Middle Eastern sovereign funds and the Chinese government, have not been shy about calling the U.S. out for what it sees as policies that will trigger inflation, shrinking the value of their Treasury holdings.

    Well, no shit, Sherlock.

    With the massive Obama government spending and debt there will be massive inflation and stagnant economic growth – just like the Jimmy Carter STAGFLATION in the 1970’s.

    The solution then, as it is now, was the election of a conservative President (President Ronald Reagan), limited government, reduced federal spending and tax cuts.


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