The Barack Obama Evolution Blog

It’s Here if you missed it!! President Obama’s interview on The View.

“Evolve”

Well it’s been awhile and this just had me going in a few directions. First I friend of mine told me the other day about the new overdraft law that Congress passed and will be effective July 1. 2010 called the Overdraft Fee Notification

H.R. 1487 . There has been much debate over this but for the most part consumers are happy that banks will no longer be allowed to charge overdraft fees on ATM transactions or debit card purchases that cause a checking account to go into the negative. This law will NOT cover checks however. Please keep this in mind.  Should you want overdraft protection you must opt-in to tell the bank to pay the transaction.

My question is depending on the bank how are they going to handle this? I am sure they will be trying every method in the book to stock up on these charges before this legislation takes place in July. But once the new regulation comes to fruition on August 15, this practice will be against the rules unless you “opt in” by authorizing your bank to continue automatically authorizing these transactions and charging you the overdraft fee. HMMMM!

Coupled with that is the new Wall Street Reform Bill to hold banks accountable not punish them. I am a little mixed for words here.   I thought when holding someone accountable meant to make sure right is done and if not then there will be consequences. Well once it passes Congress will iron out the punishment…ooops penalties.

All I can say is remember ENRON!!!

Going on NOW!!

President Obama is having a bipartisan meeting all day on the Health Care Reform. It is live now from 10AM – 4PM EST.

Click on the image below to be sent to the LIVE STREAM!!

 

“Evolve”

The Prime Directive

Yes I am a Star Trek fan but this post is not about that type of prime directive. Where there can be no interference with the internal development of pre-warp civilizations (civilizations where the technology for interstellar spaceflight has not been developed). The directive has evolved to include purposeful efforts to improve or change in any way the natural course of such a society, even if that change is well-intentioned and kept completely secret.

The Star Fleet Federation takes an oath to do no harm or interfere with other species. The understanding that I am addressing with the Prime Directive was present in the underlying tone of President Obama’s announcement last night about sending more troops to Afghanistan.

continue reading…

Hoo-r-a-ay for Small Business!!

Weekly Address 10-24-09

President Obama is praising small businesses stating that they have been the engine of our economy providing 65% providing new jobs in the past 15 years. He feels they must be at the forefront for stimulating our economy. Many have failed due to big box companies moving in or the high cost of health insurance for their workers.

There is a place for the small business who caters to those buyers who want something special unique. I can speak to that because I am one of those small business owners. We have our niches that we can fit in quite nicely and be able to thrive. Small businesses are doing something right being that 65% of them are providing jobs for Americans and the rest of the percent well?

Recovery act was made to help small biz expand and create more jobs. He is asking Congress to expand the amounts of SBA loans and various other programs. I am sure that there has been some balancing of budget here and will have to review that in another post but for now take a listen and…..

“Evolve”