Sunday, December 2, 2007

A Simple Request

I'd like to make a simple request to our Masters in Washington who continue to spend our money as tho it was not theirs or ours...

Following the bail Out of Chrysler, Long Term Capital Management, and now the -ENTIRE MORTGAGE INDUSTRY- and following the murder of the Savings and Loans ....

Can we get some adult supervision-?

I'd like to know what companies or industries are "Too Big To Fail"... We have read about Freddie Mac and Fannie Mae... Their implicit govt guarantee has never been clarified or quantified. WILL the Congress step in to save them-? With several trillion dollars under their control- Are they Public or Private-?

When a company is "Too Big To Fail" can we get some special supervision-? Is GM or Ford worthy of watching-? What about Intel or Microsoft-? The healthy may need a bailout- What is our policy-? Who decides-? Who Watches them-?

SEC head and former Congressman Cox wants some help watching foreign (sovereign) investors buying into our financial companies and other strategic businesses... What industries and what companies should fall into this category...

Hillary says that Social Security is "Not A Problem".... The old will die off about the time the Boomers arrive en masse... When did that happen-? After hearing for the past 30 years that the worlds greatest Ponzi Scheme was facing a crisis- Hillary decides its all been solved.... When will she be called to explain how this all works-? Social Security went from a safety net to an entitlement. It has gone from a surplus large enough to lend to Congress and fund all sorts of give aways... Then it was going broke. It was a looming crisis... Then it was gone...

Can Congress be trusted to enact legislation that will protect our economy-?

They give small assurances that they care deeply about capitalism. Asked about Liassez Faire Capitalism and they chuckle at such a quaint idea... Yet, where do all those tax dollars come from-? Most Congress-People have never worried about meeting a payroll or even honoring a commitment to a customer. They are professionals who have spent their life spending our money.

Where are the adults-? Where are the people who make things happen-? The people who solve problems long before they become a crisis and never claim credit... They just move on to the next small problem confident that something they haven't thought of will come along any minute-either disaster or opportunity--- and comfortable that more opportunities for good come along over time.


The -RIGHT- side of the blog-O-sphere is less vociferous, prolificate and timely than our friends on the sinister side.... But we have to meet commitments and pay bills...

That's my story about the sparse postings these past few months... Sometimes ya-just-gotta go make a buck or two...

Drop a line-add a comment-say "Howdy" if you're passing thru...


No comments: