Blog Entry #4- Investors await elections, but Fed may loom larger

New York- After a two month rally in the stock market, some investors are about to see if they get what they wished for: more republicans in Congress and lots of cheap money. The U.S stock market has priced in the Republicans gaining ground in Tuesdays elections. Jobs will be a touchstone, with the high U.S unemployment rate figuring into the campaign of Republicans and Democrats. The payroll report is expected to show that it gained by 60,000 in October compared with September's loss of 95,000 jobs.

I feel good about the elections because this year they are sensing that they are going to rise because of the payroll. Both republican and democrat are both wanting to use our money like borrowing and using it and they are both making people use borrow so the banks can create money.Deflation is the problem. But the time to fight deflation was decades ago. Today's economic problems are not about what we are doing now. They are about what we have already done for many decades.


http://www.msnbc.msn.com/id/39937144/ns/business-stocks_and_economy/

Blog Entry # 3- Transformed into heroes, rescued Chile miners ponder future

Chile's 33 newly rescued minors recovered from their ordeal on Thursday while also pondering the celebrity status they have gained.Most of the miners were found to be in decent health despite being stuck in a collapsed mine tunnel since August 5. The men were resting in a hospital after being hoisted to the surface in a rescue operation watched by millions worldwide. One of the miners had pneumonia and was being treated with antibiotics. Following a more than two-month entrapment deep under a remote desert. It took about 22 hours from the time the first miner was brought to the surface until the last miner was pulled to freedom late on Wednesday, and then another roughly 2-1/2 hours until the last of the six rescuers also emerged from the gold and copper mine early on Thursday.

Opinion: My opinion on this issue in Chile I would not want to be stuck in a cave that long. I would not want any people around me for a while. I would also want to know what is going on with our money. I would want enough stuff to get me through this incident with the minors.

http://www.msnbc.msn.com/id/39664229/ns/world_news-americas/

Issue #1 War Dollars

It grants Congress the authority to approve federal spending. In the past, Congress has used its "power of the purse" to rein in war efforts. After years of the unpopular Vietnam War, Congress imposed a cap on troops, and in 1982, Congress denied President Ronald Reagan's request to fund the Contra rebels fighting in Nicaragua. Today, as public disillusionment with the war in Iraq grows, policymakers and others debate whether Congress should use its appropriations powers to influence or restrict President Bush's military policy in Iraq. The president is elected by the American people is the commander in chief and has the sole power to decide how to conduct America's battles, insist those opposed to Congress's interference. According to these executive branch supporters, the president's administration is better equipped than Congress to determine and carry out military policies that will ensure victory.

I feel that congress should have to power to stop funding the war because they have the authority to approve the federal spending. We wanted to go to war against Al Queda, not the whole Iraq. The only reason we are there, in my opinion, is selfish means and it is really pointless because all we want is their oil. Perhaps we should mind our own business, saving lives and billions of dollars. i feel that the president should have a say on how much we should spend on the war. when it comes to the war we spend a lot more then what we can afford.

http://www.ips-dc.org/articles/more_jobs_less_war

National Deficit

National Debt

Issue #2

Issue #3