Saturday, July 9, 2011

BloggeRhythms 7/9/2011

The further the hostility goes regarding the debt debate, the more I realize that the president, along with his willing or unaware stooges in Congress, has painted his political enemies and the public into a corner. And, at the moment, both have little chance to get out.

By cutting off almost every alternative to producing domestic oil, he's forced the public to send billions of dollars a day to foreign nations. And while those nations continue to prosper from our funds, setting oil prices at whim, folks here are forced to decide whether to buy food, necessities, or fuel. The end result of that dilemma is a situation where our whole economy shrinks because so many dollars have been sent somewhere else, and with each passing day there's less money here.

The removal of what is now trillions from our economy and the resultant domestic spending shrinkage has forced unemployment to soar, with no hope of recovery in the small business sector because among other things, banks are fearful to lend. Bankers realize the economy's choking to death and see no signs of recovery any time soon.

As far as big business goes, most are doing quite well. So to counter that situation the administration has brought uncertainty to bear. Inconsistency in law and regulation has made managements fearful of investment, expansion and hiring, further stifling national economic growth. And those who do try to buck the odds, such as Boeing, soon find that the government, in this case via the NLRB, will take every measure to choke them off.

As each day goes by, I try to figure out why anyone would make such a determined effort to try to insure the failure of the greatest nation ever conceived. Because it just doesn't seem to make any kind of sense, economic or otherwise. But lately, I think I'm beginning to glean the answer.

The original plan of the Founding Fathers was to create a place where everyone could strive to achieve without limitation and reap the rewards of their efforts in return. And that's exactly how the country was built. Hard work, dedication and knowledge, coupled with desire, drove folks to produce as best they could, resulting in a prosperous, successful society outperforming all others on earth. Those efforts ultimately led to a nation where there were not many dregs.

And then, one came along who felt that the dregs were far more important than others had before him and deserved a larger share of the wealth. However, that societal segment, either by choice or chance, was incapable of moving ahead. So, instead of incenting, cajoling or pressuring them to produce, he rewrote the rulebook thereby handing them what they couldn't gain for themselves.

The good news, however, is that now that two and a half years have gone by, more and more of that strategy has become obvious, and productive folks, especially big businesses are no longer playing along. So, it appears most have decided they're better off sitting on their hands, and wealth, rather than throwing their cash down a bottomless pit. And, I'm sure that they all pray that eighteen months from now most of the nation will be wiser, and use the voting booth to right the ship.

That's it for today folks.

Adios

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