economy

In parts 1-3 of this 'blogumentary' we covered the amount of renewable energy just waiting for us to tap, how local governments and people are getting involved, and how we need the federal government to change the laws to support renewable energy. (and a good bit of information from Dcoronata on Geothermal energy.
Now for the bread and butter issue: jobs. With the economic forecast showing a continued housing slump and general signs of a recession, a decade long approach of offshoring jobs, bad unemployment numbers, and no real growth in any job sector except service jobs, there seems to be a lot wrong with our country's economic health. Fortunately, there is a solution for these problems, the emergence of green collar jobs.

WHY IS NORTH CAROLINA GIVING THE PRESIDENTIAL CANDIDATES A FREE "PASS" ON ILLEGAL IMMIGRATION?

Have we given up because everyone in North Carolina perceives their policies to be so similar? Or do we believe the candidates for state government's claims that they can fix the problem?

"It's not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren't like them or ANTI-IMMIGRANT SENTIMENT or anti-trade sentiment AS A WAY TO EXPLAIN THEIR FRUSTRATIONS."

Here's Obama’s magnificent response to Clinton and McCain attacking him on his "people are bitter" comment:

There is an 800 pound gorilla in our economic room and everyone acts like he doesn't exist. Everyone is worried about a recession, but that is just a bump in the road compared to the real problem with our economy. There is a much worse problem in our near future. Bush’s "shop till you drop" policy and the republicans lackadaisical attitude about borrowing money from our grandkids and foreign countries has exacerbated a problem that has been festering since the 1950's. Our country is now in grave peril. Plainly stated: we as a nation, are going bankrupt. We are spiraling downward to become a 3rd world country within the next 40 years and our politicians are to scared to talk about it.

People across North Carolina are frustrated with their economic reality. Our nation’s economy lost 80,000 jobs last month. For those who do have jobs, take-home pay buys less. The cost of gas, housing and food are rising. And most feel that politicians are more interested in protecting campaign contributors than regular citizens.

Often people who I talk to about my campaign are surprised I still work at my job as a teacher. When I tell them that it isn't really a choice, that I'm not wealthy and I have to work to support my family they seem genuinely shocked that someone is running for Congress who can't 'just take a year off'. There are others here in my district who understand exactly what I'm talking about and are getting involved in politics, sometimes for the first time, because they know that we can't leave the business of Washington only to people who can afford to take time off and run 'full-time'. Here in North Carolina's 8th District, we've been represented for 10 years by the 6th wealthiest Member of Congress and this is where we find ourselves:

There's a reason a new poll shows that Voters in NC focus on economy.

June Nance, a 50-year-old unemployed educator from Scotland County, said she is learning to live without health insurance, exercising regularly and eating healthy.

"Thank God, I'm fairly healthy," Nance said. "I pray daily that nothing serious happens to me.

June is not alone.

[crossposted on Daily Kos and my campaign blog]

It’s critical to understand the reasons for our skyrocketing oil prices if we want to lead our country away from protracted conflicts in the Middle East and towards energy independence.

The United States is the world’s largest consumer of oil, using about 20 million barrels per day. Petroleum is not traded in a free market. If the oil market were truly free, it’s unlikely we’d be paying over $100 a barrel. Oil prices are in fact highly manipulated by people who claim to be proponents of free market capitalism and cartels that are interested in anything but a free market. But our government has the power to manipulate oil prices as well. It could bring down the price of oil, if it so chooses, by opening the Strategic Petroleum Reserve. Tapping this cache of over a half a billion barrels of oil would have a dramatic and immediate impact on oil prices.

Today's Charlotte Observer has an AP story that should concern us all.

FED REGULATION
Revamp of rules proposal debated
Plan to overhaul financial oversight is set for release today

WASHINGTON -- In proposing the broadest overhaul of financial oversight since the Great Depression, the Bush administration has kicked off a fierce debate. It pits those eager to revamp an antiquated system against an industry opposed to excessive regulation.

A complete overhaul is obviously needed, and has been for some time. Sadly, it took the economic recession those of us in the middle and working class have been feeling for some time to start pinching the pockets of those with the ear of the President for the crisis to be recognized. But is the same Bush Administration that not only engineered this economic crisis in the first place (not to mention oversaw the Hurricane Katrina rescue disaster) the best folks to be consolidating powers on their way out the door?

The Real Qustion IS - Who Are You Obama?