From My Perspective - - -
Implausible means: “not wearing the appearance of truth or credibility, and not likely to be believed.” The Synonyms are: unlikely, improbable, unbelievable…That seems to be where we are in terms of our nation and world today. “Change” is occurring rapidly – so rapidly as to leave one, in the lyric of an old romantic song – “Bewitched, Bothered, and Bewildered am I…” The changes occurring with financial institutions and corporations in the United States as the government exercises greater involvement are an ongoing event. We see escalating financial infusion because of a strange notion that “failure is not an option.” Our inaction permits the implausible to gain momentum and make progress.
Question: Should we have been caught by surprise by the actions and innovations of the present administration in terms of government involvement in banks and businesses in our nation? First, in terms of Budgets and Deficits, Government speak uses “investment” as their word for “spending”. What is the bottom line and misrepresentation of their rationale for “investment”? In a current Forbes Magazine article – GOVERNMENT GONE WILD: “In February, the government said that its $787 billion stimulus bill would create 3.5 million new jobs. This was at the very highest end of the Congressional Budget Office's (CBO) estimate of 1.2 to 3.6 million new jobs…In a leaked memo from Gordon Brown, the British prime minister. He proposed a $2 trillion European stimulus plan that was supposedly going to create 19 million jobs. In other words, Europe can create a new job with just $105,000 of government spending per job, while the U.S. needs $219,000. The new massive government spending plans are especially frightening with the U.S. now facing $1 trillion deficits. President Obama says that this is all OK, and that he is cutting the deficit in half (to $533 billion using administration math, or $672 billion according to the CBO) in just four years. What he doesn't say, and what no one seems willing to say, is that without his new budget the deficit would have been cut by 75% in four years to about $250 billion. The budget deficit and the size of the government are exploding and no one seems to care.”
Secondly, in regard to the Automotive Industry, What is the goal and ambition of the President? In his 2006 autobiography, THE AUDACITY OF HOPE, his vision for the auto industry was: “The bottom line is that fuel-efficient cars and alternative fuels like E85, a fuel formulated with 85 percent ethanol, represent the future of the auto industry. It is a future American car companies can attain if we start making some tough choices now. For years U.S. automakers and the UAW have resisted higher fuel-efficiency standards because retooling costs money, and Detroit is already struggling under huge retiree health-care costs and stiff competition. So during my first year in the Senate I proposed legislation I called "Health Care for Hybrids. The bill makes a deal with U.S. automakers: In exchange for federal financial assistance in meeting the health-care costs of retired autoworkers, the Big Three would reinvest these savings into developing more fuel-efficient vehicles…” If someone disagrees with the Presidential agenda, what can such a one expect? “Don't think we're not keeping score, brother.” That's what President Barack Obama said to Representative Peter DeFazio in a closed-door meeting of the House Democratic Caucus last week, according to the Associated Press. A few weeks ago, Mr. DeFazio voted against the administration's stimulus bill. The comment from Mr. Obama was a presidential rebuke and part of a new, hard-nosed push by the White House to pressure Congress to adopt the president's budget….
Consider these things with me - - - Should spending and indebtedness be the model followed by the nation and/or individuals? Your answer should be “No!” A basic concept is given in: Proverbs 22:7 – “The rich rule over the poor, and the borrower is servant to the lender.” And, Romans 13:8 – “Owe no one anything except to love one another…” Winston Churchill once said: “The price of greatness is responsibility.” If the “implausible” is allowed to become the plausible, irresponsibility will become the modus operandi and failure will soon follow. The implausible is gaining momentum! Action delayed comes with a very high price-tag – maybe the next generation being indentured because “we” allowed the implausible to occur.
Implausible means: “not wearing the appearance of truth or credibility, and not likely to be believed.” The Synonyms are: unlikely, improbable, unbelievable…That seems to be where we are in terms of our nation and world today. “Change” is occurring rapidly – so rapidly as to leave one, in the lyric of an old romantic song – “Bewitched, Bothered, and Bewildered am I…” The changes occurring with financial institutions and corporations in the United States as the government exercises greater involvement are an ongoing event. We see escalating financial infusion because of a strange notion that “failure is not an option.” Our inaction permits the implausible to gain momentum and make progress.
Question: Should we have been caught by surprise by the actions and innovations of the present administration in terms of government involvement in banks and businesses in our nation? First, in terms of Budgets and Deficits, Government speak uses “investment” as their word for “spending”. What is the bottom line and misrepresentation of their rationale for “investment”? In a current Forbes Magazine article – GOVERNMENT GONE WILD: “In February, the government said that its $787 billion stimulus bill would create 3.5 million new jobs. This was at the very highest end of the Congressional Budget Office's (CBO) estimate of 1.2 to 3.6 million new jobs…In a leaked memo from Gordon Brown, the British prime minister. He proposed a $2 trillion European stimulus plan that was supposedly going to create 19 million jobs. In other words, Europe can create a new job with just $105,000 of government spending per job, while the U.S. needs $219,000. The new massive government spending plans are especially frightening with the U.S. now facing $1 trillion deficits. President Obama says that this is all OK, and that he is cutting the deficit in half (to $533 billion using administration math, or $672 billion according to the CBO) in just four years. What he doesn't say, and what no one seems willing to say, is that without his new budget the deficit would have been cut by 75% in four years to about $250 billion. The budget deficit and the size of the government are exploding and no one seems to care.”
Secondly, in regard to the Automotive Industry, What is the goal and ambition of the President? In his 2006 autobiography, THE AUDACITY OF HOPE, his vision for the auto industry was: “The bottom line is that fuel-efficient cars and alternative fuels like E85, a fuel formulated with 85 percent ethanol, represent the future of the auto industry. It is a future American car companies can attain if we start making some tough choices now. For years U.S. automakers and the UAW have resisted higher fuel-efficiency standards because retooling costs money, and Detroit is already struggling under huge retiree health-care costs and stiff competition. So during my first year in the Senate I proposed legislation I called "Health Care for Hybrids. The bill makes a deal with U.S. automakers: In exchange for federal financial assistance in meeting the health-care costs of retired autoworkers, the Big Three would reinvest these savings into developing more fuel-efficient vehicles…” If someone disagrees with the Presidential agenda, what can such a one expect? “Don't think we're not keeping score, brother.” That's what President Barack Obama said to Representative Peter DeFazio in a closed-door meeting of the House Democratic Caucus last week, according to the Associated Press. A few weeks ago, Mr. DeFazio voted against the administration's stimulus bill. The comment from Mr. Obama was a presidential rebuke and part of a new, hard-nosed push by the White House to pressure Congress to adopt the president's budget….
Consider these things with me - - - Should spending and indebtedness be the model followed by the nation and/or individuals? Your answer should be “No!” A basic concept is given in: Proverbs 22:7 – “The rich rule over the poor, and the borrower is servant to the lender.” And, Romans 13:8 – “Owe no one anything except to love one another…” Winston Churchill once said: “The price of greatness is responsibility.” If the “implausible” is allowed to become the plausible, irresponsibility will become the modus operandi and failure will soon follow. The implausible is gaining momentum! Action delayed comes with a very high price-tag – maybe the next generation being indentured because “we” allowed the implausible to occur.
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