Current Events and Questions of Our Time - Early May 2009

Every generation like the one before has a different perception of how things are, and things always change. If you doubt this then go back to a city that you know very well but have not been to in a decade or two, you'll hardly recognize it, all the people will be different, and the businesses will no longer be there, rather others in their place.

If you are really familiar with that area, you will not even feel like you belong there anymore. Seriously, things change that much and just think what things will be like after 30, 40 or 50 years from now? But, this is the past compared to the present.

Let's talk now about the present and leave it be for the future. What are some of the thoughts that occupy our present period, our current period, or in a certain month of a certain year. Okay, let's take a look at May 2009 shall we?

You Can Control The Economy By Credit Card Limits and Interest; Who Needs the FED?

Citizens are complaining about how credit card companies are raising rates unilaterally, lowering limits, and causing them additional financial stress in the process. So many complaints in fact, that there are now Congressional Hearings on the issue.

Will Obama Buy Your Old Car if You Buy One of His Old Memoirs; Worth About the Same?

President Obama's books are not selling as well as they had during the election when $700 million dollars in campaign funds were making him as popular as Jesus in America. Now his books are filling up thrift stores and being sold for a dollar or two. Meanwhile, the Administration has proposed giving citizens tax credits or money against buying a new car to get rid of their older gas guzzlers. In hopes to get more fuel-efficient cars on the road and help the auto industry sell more cars.

The Chinese Have Stopped Buying US Debt; Okay, Why Not Deny Them That Future Privilege?

Although it has not been in the news much, China has slowed down significantly in buying US Debt, while other nations are flocking to dollars. China has warned about this, but maybe the US needs to stop printing money and not offer the debt anyway. One news agency said; "China has decided to cancel America's Credit Card!"

White House Not Releasing Air Force One Photos Over NY, But Does Release CIA Torture Pictures.

The White House was embarrassed when Air Force One had flown low level over lower Manhattan to take a photo op fly-by with the Statue of Liberty for the White House website, but now the Obama Administration does not want to release the pictures for fear of embarrassment, while the Republicans note that Obama is willing to release any CIA torture photos of terrorists, which could hurt our standing in the world and allow Al Qaeda an easier job in recruiting.

Criminal Topic Question; How Many Craig's Lists Copy Cats Might We See?

A "Craiglist Killer" suspect has really shaken up the online community and now authorities are worried about copy cat killers, as that is generally what happens in such situations. Right now the guy is on trial and looks as if he could be convicted soon.

Swine Flu Scare Was a Test for Future Pandemics; How Did We Do?

The Mexican Swine Flu breakout is winding down, and yet authorities appeared to have dropped the ball and allowed it to spread to 5 continents. So, if this was a test for stopping a Pandemic we failed, for if this had been during the actual flu season, this could have been much worse and deadly.

New Corporate Off Shore Tax Rule Costs Will Be Passed Onto You; Yes You the Consumer!

President Obama has promised to crack down on off shore tax haven cheats and asked all Corporations to start winding down their corporate off shore tax shelter subsidiaries by 2011, unfortunately, it's going to be very difficult for that to happen, and we are talking a very large chunk of our nation's Fortune 1000 companies.