So, it is March 2nd and we just got almost a foot of snow dumped on us here in northern MA. Not too unusual for us, but you know what, I just don't want any more snow. As I get older, I get more frustrated with the weather. I used to love the snow. Skiing was all we used to talk about growing up. I remember getting up at 5AM and driving 3 hours to Killington to ski and then drive home. Now, if its below 35 degrees, I just don't want to do it!
Meanwhile...back in reality...
I think I just posted some notes on the Communist Manifesto. I find it eerily ironic that our society is encroaching on something that was so revered for so long. I also find it eerily ironic that both sides of the aisle have a place in line to help make it happen.
I don't like government spending, especially at this level we are embarking on: $1.7 TRILLION. And we are going to cut our deficit in half in the next 4 years by taxing the rich. Great. Oh, I almost forgot, that doesn't include $600 BILLION for healthcare. I think we are about to endanger more of our future than anyone can fathom. Tax and spend is back. I can't wait to see the inflation numbers in 12 months. Artificial economic growth. My prediction is that the Poor/Rich line lowers from $250,000 in the next year.
I don't think that we should bail out any of the automanufacturers. If it is such an important peice of our economy, why do we buy more cars from foreign manufacturers? Why are their cars so much better than our Made In America cars? They may look good, but they run poorly. I love that President O was quoted as saying "we still make the best cars in the world..." and then then next day Consumer Reports ranks GM and Chrystler as the bottom 2 out of the 15 auto manufacturers. Nice understanding of the marketplace Mr. President.
If in fact we do own something like 45% of the banking industry as citizens...when do I get to see my returns? Do I now get employee benefits suchs as no fee ATM's or low rate mortgages? Bush started the socialization process of the banking industry...I was hoping that the Big O would stop, oh wait, let's just dump another 1/2 Billion into it.
The first thing I learned in business is that you can't just throw money at a problem. I thought that this was common knowledge. It would have been nice to go about this in a systematic way of thinking through the problem and making LOTS of changes. Einstein said (and I paraphrase), you can't solve a problem using the same mindset that created it. It is just impossible. You can't think harder, you have to think differently. You can't go back to things you have done in the past and expect them to change what is happening know.
The definition of insanity is doing the same thing over and over and expecting a different result.
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