Wednesday, April 1, 2009

Beyond Politics

I am sorry it has been so long since my last post. I wanna focus on this that have gone on the last few days and weeks that I haven't been able to cover that I think have been attributing to our situation here in America and also around the world. The call for a world currency to replace the dollar as the stable median for trade is as much our fault as any other countries and is a big cause of the uncertainty that is keeping us in a recession and our stock market in a rut. While everyone was focused on the AIG bonuses and taking sides there was much bigger things going on, and we were being "cleverly" distracted. If you dont know what I'm talking about with AIG bonuses then I implore you to just watch an hour of news a day and become a little more informed. They are the bonuses that the government wanted to tax 90%, which is using taxation as a political weapon against a certain people, which is... quick test,
A - illegal
B - unconstitutional,
C - retroactive
D - All of the above
If you answered "D" then you are correct, and if you answered, "D for Dumb," then you get a bonus point. (Note: Bonus points as well as the quiz are like points on Who's Line, and you can take that to the bank, because soon they will have as much value as the dollar) Take for instance the fed printing a trillion dollars to give to ourselves to finance our own debt, but they didn't want us to know about that because we all know that printing money causes inflation, and printing alot of money will cause our dollar to be worthless. We also borrowed another two trillion dollars, the the Congressional Budget Office's previous projections for the budget deficit was about a trillion dollars off and they now believe it will top $1.8 trillion just this year. This is a terrible cycle in which the dollar is worth less and then on top of that to borrow money we will have to pay higher interest rates to other countries and on our own loans. Those things don't work very well together especially when the government is trying to get, "the credit flowing again." The new bank plan to share bad morgages from the banks between the public and private investment and buy ups is actually not a half bad plan. The problem is that it hinges on the banks selling the assets for $0.50 on the dollar when at the least they are going to want $0.80 on the dollar but no one is going to want to buy something that risky for that high of a price, and the banks aren't going to budge on the prices. Then the government called for more oversight and the power to take over and control any company that has a significant influence on our economy. After that, President Obama fired the CEO of GM, how he has the power to do such a thing I'm not completely sure. I thought that was something for the board of directors of a company to do, but I guess maybe I was wrong. Or maybe I am correct and the government is overstepping their bounds like the continue to do, and stepping all over the constitution. Do not think I am only picking on liberals, democrats, or Obama, because this all began with the Bush administration though it was not this full scale and I believe he still did many good things, and the current republicans aren't helping at all either. The government plans to bailout newspapers, why and how those are helpful to our economy I am also not sure, and for some reason I think that is directly against the first amendment of the constitution. The second amendment and others are all on the chopping block it seems, more and more every day with the new judicial appointees and court rulings along with government policy. I feel for the ex-CEO of GM because at 54 he had worked for GM for 31 years and had a large retirement built up, but cannot collect it until he is 60. Everything he worked to build and now his retirement is hanging in the balance and now he has no say in what happens to the company. The people want what GM built, they wanted the trucks, they did not want the economy cars and hybrids. That is not GM, that is what you can get from Japanese automakers. It is called a niche in a market, but the government stepped in and told them they needed to diversify, like they told the banks to take risky mortgages, and now all these companies and financial institutions are failing. Ford is still a very sound company, has not gotten any government money, and is doing fine which is something I attribute to them not listening or depending on the government. Companies know what to do in their sector and designing what people want, the government clearly does not, especially the elected and appointed officials in our government who have had NO experience in the private sector whatsoever. The government cannot even see the logic in its own programs. They say people cannot afford health care and that they want to get credit flowing, but they tax us to death. If they simply lowered taxes we COULD afford health care and the government would not need the money to provide it. Less taxes would also give us more money to invest to get credit flowing like they want.
The Constitution is the supreme law of America, and I do not want a world government, world currency, world law, or any higher law here in America than the Constitution. Everywhere in the world is different, different cultures, and thus different laws. I do not understand why there is even a debate about our constitution, what is says, or whether we should adopt foriegn laws. Our government does not understand our own laws or what we stand for as Americans, in fact, Daniel Hannan, a member of the British Parliament seems to understand our economy and political system better than anyone here. If you don't believe me just watch some of his videos on youtube, he is truely a brilliant man and I can only hope his view is shared in Europe and he is elected there. Before the government starts to take over the media, deciding what we want as consumers, and attempts to take away our second amendment rights one way or another is when we need to act and let THEM know what WE want, not when it happens, before. We need to go beyond politics, unite like we did after Pearl Harbor and September Eleventh, and become Americans again.

3 comments:

  1. Perfect. That was an awesome overview of everything that is going on right now. We have a president who is now in charge of the car companies. A government who is printing so much money we are going to be looking at double digit inflation (according to even the dems). To top it all off people wanting to change our laws to fit with international law and create a world currency. With the senate running off any bill without reading it or thinking all of this could be done before anybody can put a; thinking, non kool aid drinking, tax paying, real person back into the house or senate to represent working americans and the constitution.

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  2. You should co-host with Glenn Beck!
    =]

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  3. Thank you both for your comments, I hope you continue to read and comment because these keep me writing (hopefully more consistently than I have been). You almost did a better overview than I did myself.

    As for co-hosting with Glenn Beck... It would be an absolute honor if I was ever granted that priviledge. Even being a guest would be incredible.

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