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Archive» Photos courtesy: barackobama.com, demconvention.com. Illustration: eEyeCam

American Politics, Media Hype and Super Power Syndrome
Poorest of the Poor People Living Right Here in the USA?

Media Hype-15 Thousand Journalists are too much?

New York, August 27, 2008- Do you know that 15 thousand journalists are camping out at the Democratic Party's National Convention in Denver, Colorado to cover the 4,440 Democratic delegates' four-day-long (25-28 August) convention which will formally nominate its Presidential candidate Senator Barack Obama to be the 44th President of the United States of America?

The same flock of media will rush to cover the Republican Party's National Convention which is scheduled for 1-4 September in Minneapolis-Saint Paul, Minnesota to nominate its Presidential candidate Senator John McCain. There will be an estimated 2,380 Republican delegates and 2,227 alternate delegates participating in the convention.

Who will be the next President of the United States of America?

Who will be the next President of the United States of America? Republican John McCain or Democrat Barack Obama? There is speculation that McCain will have tough time beating Obama because Americans have had "enough" of Republican President George W. Bush's 8 years of failed administration which made more foes than friends abroad and created more economic downturns than prosperity at home.

On the other hand, Democrat Obama has to deal with the frequent accusation that he is too inexperienced in foreign policy to keep America safe from terrorism as the world's super power with a population of 304 million, is trying to retain its glory of wealth and military might which was once considered unbeatable.

Nation's Debt that Is So Huge

When President Bush took office in 2001, the national debt was $5.7 trillion. Today, the national federal debt is more than $9.2 trillion, up by $4 trillion in eight years of Bush administration.
 
Archive»
Photos courtesy: barackobama.com, demconvention.com, Barbara Kinney (flickr). Illustration: eEyeCam

This figure is not the true picture of American debt according to the Institute for Truth in Accounting (IFTA). It says, "We've all heard about the federal debt. But most of us haven't heard the truth. Politicians will tell you that the federal debt is around $9 trillion. That sounds bad enough—but it gets even worse. Together with unfunded liabilities (all of the benefits that the government has promised to seniors, Baby Boomers, and other citizens) our nation is in the hole for nearly $54 trillion dollars. That's more than $180,000 for every man, woman, and child in America, and it's growing every day." (http://www.truthin2008.org)

China, the emerging economic super power, holds more than $1.4 trillion of the U.S. debt. That means, as James Fallows of < theatlantic.com> wrote, "In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China." Sounds crazy? You better believe it.

Poorest of the Poor People Living Right Here in the USA?

The U.S. Census Bureau found that there were 37.3 million people living in poverty in 2007. The U.S. Federal Government defines the poverty line as the average Annual Low Income Level calculated as three times the annual cost of basic groceries people purchased. The 2008 Annual Low Income Level for a single American is $ 15,600/yr, and for a family of two it is $ 21,000/yr. Likewise, for a family of 3, $ 26,400/yr and a family of 4, $31,800/yr.

According to an AARP (American Association of Retired Persons) advertisement currently on U.S. TV, 1.85 millions American go bankrupt every year due to rising medical bills and not having health insurance. There are 45.7 million American people without health insurance the 2007 Census data shows.

World's Largest Government Budget with No Budget for a Home

America has the largest annual budget of any country in the world. The U.S. budget for the fiscal year 2008 is 2.3 trillion. Federal data show that the $481.4 billion spending in defense, $145.2 billion in the Global War on Terror, and $34.3 billion in Homeland Security, which totals $660.9 billion combined for military, security-related spending is more than the spending budget of $608 billion for Social Security retirement benefits. America will spend $386 billion in Medicare and $209 billion in Medicaid Health Insurance Programs while spending $261 billion for the interest on National Debt of $ 9.2 trillion. The fiscal year 2009 U.S. budget is $3.1-trillion and the projected defense budget is $515 billion.

In contrast to the government's big budget, more American people have lost their homes than anywhere else in the world. It is hard to believe that 1.6 million homeowners have already faced foreclosure of their dream homes, shattering their American dreams. Another challenge is for those 8.8 million unemployed, the total U.S. civilian labor work force of 154.6 million as of July, which threatens to force more home foreclosures.

The Realization Is Nearing

Have the American people realized yet that the days of cold wars and fear of terrorism at home is being replaced by lack of health insurance and employment? America needs a leader who can change the fate of Americans. I would borrow words from former President Bill Clinton's speech tonight at the DNC convention in Denver that we need a leader who can restore America's leadership in the world and improve the lives of Americans at home. He declared that leader to be the Democrat Barack Obama. For Republicans that leader is John McCain.


U.S. citizens registered as an Independent, Democrat or Republican. Source: en.wikipedia.org. Submited by User:Gary King. http://en.wikipedia.org/wiki/Image:U.S._party_affiliation.svg

Come November 4, we will learn who that leader is when the American people cast their votes to elect a President who will lead their country in the new digital era where we can expect America to be a more friendly and prosperous country.

-Pradeep Thapa Magar in New York. Comments? 551-358-7726

 
Read our related news:
»
Country First Is John McCain's Priority
» McCain chooses a Woman Governor as His VP
    Is Gov. Sarah Palin the Answer to Obama's Message of Change?
» "I have a Dream." Yes. That Dream Is Coming True
» American Politics, Media Hype and Super Power Syndrome
    Poorest of the Poor People Living Right Here in the USA?
» Obama’s Choice: Will VP Biden Make the Difference?

Speeches delivered at the Republican National Convention, Minneapolis (September 1-4, 2008)
» Speech Delivered by Senator John McCain
» Speech Delivered by Mrs Cindy McCain
» Speech delivered by Governor Sarah Palin

» Speech Delivered by former Mayor of New York Rudy Giuliani
» Speech Delivered by former Chair HP Carly Fiorina
Speeches delivered at the Democratic Convention Center, Denver, CO (August 25-28, 2008)
» Speech Delivered by Former President Bill Clinton
» Speech Delivered by Senator Hillary Rodham Clinton
» Speech Delivered by Al Gore
» Speech Delivered by Martin Luther King Jr.
» Speech Delivered by Senator Barack Obama
(Democratic nominee for the President)
» Speech Delivered by Michelle Obama
(Wife of Senator Barack Obama)
» Speech Delivered by Senator Joe Biden
(Democratic nominee for the Vice-President)

»
ओबामा अघि अघि, हिलारी पछि पछि...
» Obama wins the Democratic Presidential Nomination, Clinton Open to VP Read full news
»
अमेरिकि चुनावमा पार्टी टिकटै पाउन ४२ अर्ब रुपैयाँ खर्च! हिलारी क्लिन्‍टन र जोन म्यक्कैनको बिजय

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