Wednesday, November 26, 2008
Tuesday, November 25, 2008
I always understood competition to be the cornerstone of capitalism. If that is correct why has our government, under the guidance of these “experts” pretty much done away with competition all under the guise of better prices and service for the consumer?
In the oil industry for example Mobil, Exxon, Chevron, Phillips are now Exxon-Mobil and Chevron-Phillips, four companies that competed now down to two. Any competition here? The same holds true for consumer goods. Small stores, mom & pop shops covered the country each offering something different. Local flavor, a different shade of paint color, different prices since the products came from different manufacturers. They actually offered consumers choices. Now the majority of these stores and with them the choices we had are gone. We now can only buy what the big stores say we need and should buy at their prices. Is this competition and choice?
We have only a handful of large financial institutions because the “experts” said that’s the best way. What just happened without competition and accountability? It’s going on in the auto industry. Greed runs amuck with no concerns for the consumer.When constructing a bridge you normally use many support columns, and cables so that you can lose a portion of them without losing the structure and safety of the bridge at once. Shouldn’t our financial, auto and consumer businesses operate on the same theory? One or two come down there goes America; if we had 100 we could weather the financial storms with less damage. It’s time to dissolve the conglomerates, and bring back competition and choices.
Thursday, November 20, 2008
Sunday, November 16, 2008
In bailing out the big 3 I think the American taxpayer has the right and duty to demand concessions from them. Something that should have been done with Wall Street and the insurance companies yet wasn't.
The major concessions I see are;The current executive officers resign or are let go and any golden parachutes or just plain retirement does not apply. They are one cause of the collapse and should not be paid let alone rewarded for their part in it. Let the lawyers scream foul who cares there isn't any money in the corporations to pay the golden parachutes so we don't bail them and they don't get paid in any case. Or is there and we are just not being told there is money for it?
Any new contracts for the new executives needs to be approved by congress and does not include golden parachutes but rather a pre-nuptial of sorts that if the company doesn't make a profit they get nothing but their salaries.
Unions have to get real. They have killed the golden goose with their demands. The pay and benefit scale is so out of touch with reality it needs to be cut in 1/2 at a minimum. If they don't like too bad. We don't bail them out. A job and a paycheck in the day and age is something to be treasured even if it isn't what their egos tell them they're worth. How many other Americans lost jobs because of the greed of the auto union by forcing companies to find lower priced labor out of America. The unions didn't care about that as long as they kept their jobs. Remember in bailing them out and letting them keep their jobs all of us taxpayers are going to take a pay cut. So why should we take one and not them?
Congress better stand up for America and do away with these free trade treaties with other countries. In very simple terms duties, tariffs and taxes placed on goods coming into a country are put there to bring the cost of the import up to what the cost is for the same product made in the country doing the importing, making for a level playing field. Certain countries use these duties to increase the price of the imported product to protect their home economies. Free trade does not protect the country whose standard of living is high and costs associated with it's products are higher. It just means that a country that produces something for $5 that costs $8 to make in the US will put the US workers who make that product out of jobs. Maybe in good times they may work that out somehow, right now America itself is on the line and that's what I care about. I don't care about China, Brazil, Germany, Spain, anywhere else I'm an American and I care about America. When we are back on our feet then we can help again until then sorry the piggy bank is broke.
So we need to contact our legislators and tell them America comes first and if they don't want to listen and put other countries first then their jobs will go to someone else next election no matter what party they belong to, America is more important then the Republicans or Democrats. So get those letters and emails going.
Wednesday, November 12, 2008
Monday, November 10, 2008
Thursday, November 6, 2008
Sunday, November 2, 2008
Saturday, November 1, 2008
We should export or at least not vote into office our politicians who support socialism, communism, and fascism, anything but good old capitalism.
Why, very simple, look at history. What fascist, socialist or communist country has survived for any length of time without aid from another country? Or total subjugation of its people except the ruling class?
I don't see any of those who praise these other forms of government moving to those countries, if that form of government was such a good way to live why don't they immigrate?
If living under those forms of government is so good and fair why are the majority of the immigrants that come to this country (legal or otherwise) from countries with those forms of government? Is it because they want a better life? Is it because they want what use to be the American dream, the ability to have your own business? The ability to have a better life style then one that is degreed by the government? The ability to give their children a better education and the chance to make a good life for themselves and their families when they have them?
Do the people who support these politicians actually think that these same politicians would live under the same financial constraints, the same living conditions, have the same health care as the general population? If they do they are wrong. Look at any of those countries, they have 2 distinct classes those that rule and those that serve. Our politicians who support these forms of government for the US are already in the ruling class, they can retire after 1 term with pay and health benefits for the rest of their lives for them and their families. We taxpayers (those who serve) are lucky if we can retire. They have staffs and offices, everything the aristocracy and monarchy we broke with in 1776 had and everything the ruling class in socialist, communist, and fascist countries have.
The way that the capitalism that formed the American dream has been warped by the unbridled greed of more than a few CEOs, boards and stock traders along with multinational corporations cannot nor should it be denied. However when you have a large plumbing leak in your house you don't tear your house down, you repair the problem. That's what America needs to do. Repair the problem. Prevent companies from getting so large that they destroy competition, do not let greed and illegal activities be rewarded by golden parachutes. If CEOs or board members have been proven to have broken the laws take their money and assets the same thing the government does to drug dealers. There are many ways to fix what is broken without destroying the house.
I feel that we do need to change a few things to prevent what just happened from happening again soon, and yes it will happen again history does repeat itself.
However turning the greatest country history has ever known into a 3rd world country is not an option I feel we should exercise.