Showing posts from January, 2010

Obama Talk

   In the days after Massachusetts Mr. Obama did not acknowledge any missteps that his administration made. He did not relay to the country that he heard the message from the people and that he and his administration is going to work towards those things that he promised during his campaign. Instead, the new message is that he is going to continue to fight for the needs of the working middle class. So far, he has not been in the ring fighting.    It is my understanding that he is going to talk about specific, small initiatives for the middle class. Instead, if he is serious he should be letting the citizens know that he plans to change, he made some mistakes and he and his administration are going to re-evaluate their initiatives and start anew. He came into office with little experience and it shows. Well, get over it, learn from these mistakes and get things done.    At present, he gives the impression that Massachusetts demonstrates that he is off course and what are needed is a n

Obama Bails Out Republicans

The person who has the best chance of saving the Republican Party is Barak Obama. The president campaigned on change. He clearly stated that he was not going to allow big business to own and run Washington. If the health care proposal that is moving through congress is his version of change, the citizens of this great country are going to realize what he meant was “chump change”. When he and his fellow democrats said more competition is needed in the health insurance industry, what did they do? They came up with the idea of a public option. The essence of the option was to create a not-for-profit health insurance company run by the federal government. They refused to tackle the oligopolistic prone health insurance industry. One of the pillars that made this country and its citizens the most prosperous in the world is the free market system called capitalism. Capitalism is under attack from within the business community and our government refuses to do anything about it. With Barak

Help Save Capitalism!

Capitalism can work, but it needs to return to its core values and government must implement existing laws that assure FREE MARKETS! What this country needs is a political system where hundreds of thousands of entities are striving to produce the products and services desired by its citizens at the highest quality possible and at the lowest cost. An additional objective is to raise the standard of living for all Americans. This is a free market system.  According to John Bogle, the father of the indexed mutual fund and the founder of the Vanguard group of mutual funds, the world’s largest mutual fund management company, this should be the goal of capitalism. He states that the purpose of capitalism is to serve their customers, the citizens of this country, and to make a profit. This was, and should be, its core value. He is concerned that capitalism is losing its soul and something needs to be done to change or the United Stated will go the way of the Roman Empire. Like Rome, we

We Must Save Capitalism!

This is why we must demand that congress enforce anti-trust laws.