SB1070

     SB1070 basically gives local law enforcement agencies throughout Arizona the job of enforcing federal immigration law inside Arizona. The purpose of the law is to crack down on aliens entering the coutry, aliens living here already and it also sorta leans twoard limiting drug trafficking across the border. Their reason behind this is something along the lines of just wanting to uphold federal law but it does seem a like SB1070 is giving police officers a little to much authority. 

Global Financial CRISIS!!!!

             Friend or Foe?

            With the global financial crisis in full swing, Americans are quick to blame

anyone who may have had an effect. Times Magazine’s web article titled, “25 People to

Blame for the Financial Crisis” is a very good example. From Alan Greenspan to

American Consumers, George W. Bush and Bill Clinton, it’s easy to see we really don’t

know whom to blame. I on the other hand believe that we can lay most of the blame on a

few branches of our own American government who have been failing to perform their

designed functions.

 One of the most talked about causes of the Global financial crisis are the buying

and selling of subprime mortgages that took place on Wall Street. Companies were

getting rich selling worthless mortgages and getting away with it. Several different

businesses were involved and to many of them are not being held accountable for the

financial crisis that proceeded. So I ask, where is our government? And why have actions

not been taken against these companies, more importantly why wasn’t anything done to

prevent a financial disaster such as this?

“The mission of the U.S. Securities and Exchange Commission is to protect

investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.”

The Justice Department is assigned to ,“enforce the law  ……  to provide federal leadership in preventing and controlling crime; to seek just punishment for those guilty of unlawful behavior; and to ensure fair and impartial administration of justice for all Americans.”                                                                                                                                   

           “(The) Committee on Banking, Housing and Urban Affairs,  ….. (has responsibility for)  all proposed legislation, messages, petitions, memorials and other matters relating to …. Banks, banking, and financial institutions, control of prices of commodities rents and services, deposit insurance, economic stabilization and defense production, federal monetary policy, including the Federal Reserve System, financial aid to commerce and industry, issuance and redemption of notes, money and credit including currency and coinage as well as Public and private housing (including veterans housing).                                             

         Although its easy key players like AIG, JP Morgan and Citigroup may have been the types of businesses involved in shady transactions leading up to our current financial crisis, its not farfetched to say that we should also hold our government accountable for letting this happen unchecked. Is it not clear above that many of the functions listed in their own mission statements are being neglected? If in fact they are doing what they’re supposed to be doing, why are we here today struggling to make ends meet. In order for our nation to avoid future financial turmoil it is essential that we monitor our government agencies more closely to ensure nothing is slipping through the cracks.

AIG!

     After much research online, I could not for the life of me find a significant figure for the stock price of AIG before the stock market crash in 2008. I did however find out that after the stock market crash AIG's stock fell by almost 95% to almost $1.25 per share, that is quite a drop. AIG received about 22 million dollars worth of TARP funding post 2008 crash. In 2008 it brought in about 668 billion dollars in total revenue and last year only brought in about 77 billion. That second number seems kind of weird to me, so if i'm wrong I hope somebody might correct me. Overall I don't know why we bailed out companies like AIG, especially after hearing that ridiculous figure at the end of "The Other Guys," about $2000 per man, woman and child? NO THANK YOU!

Glenn Beck...........

So glad this guy is going to be off the air. According to the Huffington Post (http://www.huffingtonpost.com/2011/04/06/glenn-beck-to-transition-_n_845573.html) Glen Beck will be off of fox news by the end of the year. I couldn't be more happy about this, who really even agrees with anything this guy has to say. He's an alcoholic, egotistic bigot! Heres something to laugh at.............

http://www.youtube.com/watch?v=W3J_QLtYqlk     ~~~ Enjoy

Consumer Worksheet

            This assignment was interesting. I've never thought about how I might live on my budget in another country or someone else living in our country for that matter. A lot of people worked long and hard to make the clothes I wear everyday and I sure as hell take it for granted. Most of these workers are stuck in one place for hours on end doing a certain mundane and repetitive task like stitching a shirt together. Many companies outsource nowadays and it takes it toll on a lot of people.

Hello Internet! My Name is Justin.

I should start of by saying that iv'e never attempted a blog before but I'm open to it. My name is Justin, I live in the Bay Area where I regularly attend school at Foothill College. My major is currently undecided but that doesn't mean that I don't have goals. I aspire to be happy doing whatever I do later in life but at the moment I work as a cook/waiter/host at a restaurant in the Southern half of the bay area. As far as my english class goes, I guess I hope to improve on my (bad) writing habits.

 ---more to come.........