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Mercnbeth -> RE: No take-a de money!!! (2/19/2009 9:47:35 AM)
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quote:
Merc, I just hope you are an equal opportunity bitcher. I am disappointed, in fact I expected to be. The fact still remains that Bush or McCain would've also signed that bill, albeit with slightly different cuts of pork in it. Term, I hope I'm a consistent and "equal opportunity bitcher"; pragmatic in my position regardless of political party. I think I am, but would just say I'm wrong if it were pointed out otherwise.
There should have been no stimulus package until an audit was conducted. Going in to do 'turn around' work many times in business, I learned the first thing you do isn't change, but observation and auditing. There is no reason that could not have been done in January. Now, with a Trillion dollars committed, its not possible.
The problem was attention was given and resources allocated to dead or dying assets. Using the business model, it would be as the first thing I focused on were the money draining clients at the expense of the money producing clients. There was, and still is albeit dwindling, successful examples of every industry currently in distress. They should have been taken in first for advice, for assurance, and for direction. Focusing on failure insures it will continue. A simple, pragmatic, and historically accurate reflection of reality.
But again, Term, I don't think I'm smarter than the political powers that be; I know I'm not. That leaves an agenda. It's becoming clear that the goal is to make every US citizen rely on the government for everything. The insidious nature of the alliance of the public employee unions insures that there is a huge voting block that votes for their jobs and enjoys the security of government employment. The fact that the majority of people don't distinguish a public employee union from a private sector union serves the agenda of representing the 'working man'.
The working man is NOT being served, he's being put to death by these policies. Opportunity for personal advancement is being curtailed. Investment in business, independent of government subsidy and therefor control, is not possible under the current political agenda.
Any debate on the distinction between parties is silly. To date, not one person has been able to differentiate Obama's stimulus package from Bush, except to note it more expensive. The escalation of troops in Afghanistan serves as another example.
Cuts were the answer. Eliminating duplicity and waste in government bureaucracy was the answer. Letting the failures fail while cultivating the successes was the answer. Much less money would have been needed to assume the liability for existing and retirees pension/benefits program, relieving the auto industry of that albatross, and cutting off the flow with a Union/Management negotiated compromise; than just sending them cash with no plan, or path for success.
Only 30 days, but perhaps already too late to turn it around. The market today is going crazy and a revolt of sorts has been started on two fronts; the successful businesses and business people, and (amazingly) at the grass roots younger generation who still have the ability and desire to think things through. They don't like the future they see and the debt that this Administration plans to lay at their feet. They don't see government bureaucracy as a path for success as a public policy or as a career. They don't see a political label of Democrat or Republican as a reason to rationalize blind, or very dark rose color glass, support. Maybe that's where the glimmer of hope exists.
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