Friday, April 17, 2009

Cuba vs. the Unites States


Cuba vs. the Unites States.Today President Barack Obama arrived in Trinidad this morning. As the President of the United States he wants to ‘seek a new beginning with Cuba’. He would like to speak face to face with the Regime of Cuba, the question is: Will he be able to create a relationship with Cuba now that Fidel Castro is not in leadership? President Obama wants to speak to Raul Castro about human rights, free speech, democratic reform, drugs, immigration and the economy. He strongly believes the United States will create a relationship with Cuba even if it takes a while. He mentions rebuilding a trust will be difficult but not impossible. Almost immediately after Obama extended the offer, Raul Castro responded and agreed to speak to him about human rights, free speech, democratic reform, drugs, immigration and the economy or about whatever else. This is the first time Cuba ever agreed to speak with the United States since the Eisenhower administration. Let’s hope that any relationship Obama creates with Cuba is a peaceful one.


Friday, April 10, 2009

The Federal Budget Deficit

The Federal Budget deficit as of today is 192.3 billion dollars. That means that the Federal government is spending 192.3 billion dollars that our treasury can not afford to spend. Most of the money is spent to help through this recession. The Federal Budget Deficit is expected to be at its highest with Obama’s Administration. It is estimated that the federal Budget deficit will go as high as 1.75 trillion dollars meaning it will be four times more than last year.

Out of 956.3 billion dollars already spent 300 billion dollars was already given out to the national bank and other companies to help with the financial crisis. Obama’s administration will continue to increase the Federal Budget Deficit all the way through 2019. The money that is given to help business survive this harsh financial crisis this allows President Obama to believe that the economy is actually getting better. On the other hand the lower class sees no actual change. Families don’t have enough money to pay the rent and pay off all the bills so really how much is the bailout money really helping us?
http://news.yahoo.com/s/ap/20090410/ap_on_bi_go_ec_fi/federal_budget