Wednesday, September 22, 2010

BloggeRhythms 9/22/2010

I have to admit that I don't always do lot's of "homework" regarding public figures, I prefer to look at results. So sometimes I'm totally unaware of where folks come from, resume-wise or historically speaking. That's why today, as I glanced through the news, an item hit me right between the eyes and a blazing light of understanding flashed on.

It seems that the White House said Tuesday (I cut and pasted this paragraph into the blog, so I want readers to understand that's it not me who's stating that buildings can talk) that Lawrence Summers, director of the National Economic Council, would leave at the end of the year to return to Harvard University. And that's what rang my bell.

Because now I know why the administration hasn't a clue to fixing the economy, and why their policies have damn near tanked every viable business in the country. It's simply because the guy calling the shots has never held a real job in his life, never had to meet a payroll and never had to "work" a day in his so-called "professional" career.

He became one of the youngest professors to receive tenure at Harvard when he was 28. He served in the Clinton Cabinet in 2001, then went back to Harvard as its new president, resigning in 2006. His reputation is that he's a brilliant, if occasionally smug, economist.

So, what do we have here? A guy calling the economic shots who's been locked in an ivory tower for practically his entire life. And while it's highly likely he could write a perfect thesis, nary a word mis-spelled, on the similarities between the cost of goods in Guatemala in 1923 and the fiscal collapse in Mongolia in 1514, it's highly unlikely he knows how to operate a lemonade stand profitably today.

And that in a nutshell is the problem with the whole current administration. Starting at the very top, then all the way through, there's nothing but babbling theorists who haven't a clue as to how the real world works financially and never will. Throw in a couple of babes who've reached their lofty positions due to their husband's successes and the morass gets deeper. Add to that a mission of increasing aid to the weak, stupid, and lazy at the expense of the producers and you get the quagmire we're in today. In summary, this isn't an administration at all, it's a hugely expensive farce.

The good news is, as each day goes by it becomes more and more obvious that November will change the governmental balance and the losses will likely begin to stem. The bad news is, there'll be a whole new bag of misguided drivel to deal with and other issues imposing on people's lives. So, I'm going to keep banging my latest political drum that says, every election, regardless of party...vote all incumbents out.

That's it for today folks.

Adios

No comments:

Post a Comment