Government

The End of An Era

seeking honestyThis is the type of double speak we’ve come to see as the norm in the U.S. by many politicians. V.P. Joe Biden stands up before an audience and pontificates about a new world order and how this or that should happen in some litany of empty words and unfulfilled promise.

Words like, we need to lead, we need to level the playing field, it’s not a zero sum game. All of these words are meaningless the more government action removes the profit incentive and strangles the entrepreneur. Politicians in our country are not satisfied with hurting small business, they have further entrenched themselves into the health care industry. Describing in a broad stroke how they are giving access to a larger group and reducing costs. Most of this isn’t true, however nicely worded. The effects will be seen in a more exaggerated way than in the past. In the past 25 years as government, working closely with insurance providers has set medical procedural orthodoxy and what types of services they will reimburse. Combine this with the escalating costs of malpractice insurance and we see how the costs to the consumer have sky rocketed.

These new attempts at “leveling the playing field and providing wider access”, will drive more doctors out of the business and increasing the size of mega-medical facilities. People will become less able to find a personal care physician and for the average citizen they will become cattle in a long line of fellow bovine.

Former British Prime Minister Margaret Thatcher

Former British Prime Minister Margaret Thatcher (Photo credit: Wikipedia)

I want to mention someone of great significance passing today. A politician of a far different character than that we typically see. She spoke her mind with laser clarity and carried forth her business as disciplined as a Marine Corps drill team. Margaret Thatcher passed away at an age when many of her colleagues on the world stage have either left or are in their last days. She took over a government and a people that forgot who they were. The people of the United Kingdom found themselves long past the stage of world leadership. The pound sterling was lost as a world currency, labor strikes were frequent, Ireland was on a never-ending cycle of chaotic rampage among themselves and sometimes spilling over into Britain.

Her detractors said she was rewarding greed and privatization of government-owned services was the start of problems Britain faces today. In reality these were the problems the U.K. had in abundance. Government was asked and most often sought the continuous cycle of providing services on a cradle to grave basis. Private charities were becoming window dressing for public relation campaigns and churches a place for the old to shuffle in and out of in some quaint way while the labor government welcomed their increasing role into everyday life. The tax burdens were enormous of course to provide these increased demands on the treasury and if anyone spoke out against the cost, there would be a ready campaign of hundreds perhaps thousands now on the dole or payroll which decried their limits or curtailment.

When Margaret became Prime Minister, she not only was setting precedent in becoming the first woman to lead a party, she was someone with sufficient verbal and intellectual skill to meet the huge problems head on. This upset the many so enthralled with hands in the treasury till, that she became one of the most controversial leaders in the world. As much as anyone called her derogatory names for her tenacity and ability, these qualities were what was needed to stem the tide of socialism and economic decline. I find it interesting there are those who criticize her for a decline in manufacturing, housing or any other you wish to name. The reality as expressed by others willing to admit the truth, Britain was in decline since WWI. This decline was amplified by the protracted conflict of WWII. When this terrible war ended and the rebuilding started many government leaders took the U.K. on the path of increased government control of the economy including health care. Trades Unions grew with increased power but the decline of manufacturing was exacerbated by strikes and less control in quality of manufactured product.  Margaret Thatcher moved Britain forward to meet the 21st century all while many of the people kicked and screamed their way in.

English: The house where Margaret Thatcher was...

English: The house where Margaret Thatcher was born (Grantham) (Photo credit: Wikipedia)

Categories: Business, Economy, Elections, Ethics, Globalization, Government, Health Insurance, International, National, people | Tags: , , , , , ,

The Nation’s Ponzi Scheme

Exchange Money Conversion to Foreign CurrencyAs much as I want to get on the band wagon and say, yes this is a great idea, we should rebuild infrastructure, it’s pushing our greater fiscal problems down the road, again . [Obama unveils plans to pump billions into US infrastructure in Miami speech - theguardian 29 March 2013]  Spending our way to prosperity is as much of a Ponzi scheme as that proposed to the clients of Bernie Madoff.

We are facing a future calamity with our currency which will test this country to its limits. In the next decade we shall likely see the dollar as no longer the reserve currency for the world. The effect of this will be an immediate devaluation of the currency, perhaps greater than 50%. Once removed as the primary reserve currency, the U.S. will not be able to flood the market as they currently do under a euphemism called Quantitative easing. All of this is because the balance between enlarging our debt while creating fewer goods & services to offset, means we can’t repay the debt. We aren’t going to beat the reality of economics. The economies of other countries are already disengaging from the dollar as best they can because they see what we won’t, an out of control spending habit. No economy has survived a runaway expansion of currency.

I know there will be people immediately jumping all over this and saying, I’m being negative or some such excuse for avoiding this looming problem. I realize the Kool-aid is delicious, but you have to stop drinking it. We need to find people willing to remove the barriers to economic growth and promise less while spending less, a whole lot less if we want to remain a viable technically advanced and economically stable country , otherwise I’m afraid the future for generations behind me will be far removed from what we have today.

Low wage jobs are dominating the U.S. recovery After 2007.

In the U.S., jobs paying between $14 and $21 per hour made up about 60% those lost during the recession, but such mid-wage jobs have comprised only about 27% of jobs gained during the recovery through mid-2012. In contrast, lower-paying jobs constituted about 58% of the jobs regained. See both articles: Bureau of Labor Statistics latest labor numbers 2013 Washington Post – 31 Aug 2012

How can you tell when government officials are lying to you? During the investigation of the housing & financial crisis, several media outlets as well as supporters of government financial institutions denied problems with FANNIE MAE & FREDDIE MAC. This 2004 video shows how those in power will deny the statements which later we know were true, government sponsored loan programs were pushed into the market place with the expressed idea of giving loans to families who couldn’t meet loan standards. 

As a response to this, various financial institutions thought to make money off  a scheme of shoring up lost profits. Mortgages were often sold with a short term reasonable rate of interest but then would mature to an adjustable rate placing the home out of the capacity of the homeowner to maintain the loan.  Newly created and devastating investment programs came under the heading of collateralized derivatives or collateralized mortgage obligation. These CDO’s and CMO’s were backed by a large number of mortgage loans that were over-leveraged. When the housing bubble burst, all of the financial institutional chicanery came tumbling down.

BLOG BACKGROUND LINKS

IMF Calls For Alternative To Dollar As World Currency

The Economic Normalcy Bias

Currency Amounts in New Special Drawing Rights

A New American Century?

When Does Government Debt Crowd Out Private Investment

Bureau of Labor Statistics

Obama unveils plans to pump billions into US infrastructure

Categories: Business, Economy, Elections, Ethics, Finance, Fraud, Government, International, National | Tags: , , ,

Who Are You?

Perhaps the question we should be asking ourselves is, who do you think you are? Certainly other people have formulated their opinion of you but what matters is, who are you? What do you believe and act on? Do you hold firm to some ideal? Are you a person which subscribes to the notion in which achievement is measured by things others know about you? What are you most closely held secrets? Are these secrets destructive to you or someone else? Policing and community

Recent news events illustrate this complex question; we are a mix of good and bad, right and wrong, sensible and foolish.

Chris Kyle a former US Navy SEAL worked to aid others both on and off the battle field. His outreach somehow found the wrong person who turned on him and brought his life to an early end.

For reasons that elude me there are those who sympathize with a former LAPD police officer that completely lost it and turned his anger on those who should have been his closest allies. Chris Dorner probably suffered from a type of mental disorder when he killed fellow police officers.

To me the difference between these two men comes down to trust. If you ever served in a potential life and death situation it’s not difficult to understand which person would have your back.

Trust is a difficult attribute to gain but easily lost. Many times in  my life I’ve been placed into positions of trust. I’ve never betrayed that trust. Few have ever been placed into such a situation as a large city police officer or a sniper in the military. In either situation, the public and most especially your team members must rely on your abilities and your integrity.

The story in Genesis in the Bible concerning Adam and Eve, whether true or not is an early story about trust. Both Adam and Eve were given responsibilities to tend to a large garden and to bring forth good things from it. They were given one basic warning to not touch or rather, eat of the fruit of a specific tree. They were then turned loose. Instructions were given and they were allowed to work without further direct supervision. It wasn’t long and the temptation to cross over to take a bite of this forbidden fruit was too much for this couple and the rest they say is history. Trust was extended and soon lost based on a decision and an action.

I have a basic understanding of how trustworthy an individual is and I’m sure there are those who would disagree with this premise. My thoughts on trust revolve around how we conduct ourselves with our most fundamental relationships which are seldom scrutinized by anyone other than ourselves. I find if an individual can’t be trusted with their most intimate relationships, they aren’t going to be trustworthy  when the pressure is on in a public arena as well.

Perhaps we should consider our personal conduct despite who we may think we are and avoid all the numerous excuses and rationalizations when it comes to responsible behavior.

Categories: Ethics, Fraud, Government, History, Justice, Military, National, Opinion, people, What's Up

What once was . . no longer is . .

When things change, improvement can be achieved but sometimes change isn’t always improvement.

I find myself having to ascend this slope as well but what I have observed, is the descent of American society. After you read this, let me know what you think.

Consensus is often the process of abandoning all beliefs, principles, values and policies. Consensus is most often something in which no one believes and to which no one objects.

If you just want to be liked, are prepared to compromise on anything, you will achieve nothing of value. (see Compromise of 1850)

Discipline yourself to do what you know is right even if difficult, it’s the high road to pride, self-esteem, and personal satisfaction.

seven levels of human acheivementSuccess is a mixture of having skill and achievement in what you are doing; knowing that it requires constant progress, and continuing with a sense of purpose.

A healthy society is composed of individual men and women in families raising children with love, structure and purpose.

Maslow B valuesIn 2006, 54% of the U.S. population living in 50 metro areas were responsible for 67% of armed killing.

The majority of murders in the cities with the worst homicide rates are gang-related.

Since 1981, Los Angeles alone has had 16,000 gang related homicides. That’s more than twice the number of Americans killed in Iraq and Afghanistan and it’s more than the number of Americans who died in the Mexican-American War.

Chicago is an area where gang leaders wield a great deal of influence; 80% of Chicago’s murders are gang-related. Chicago is a city divided in control by gangs and politicians. It has 68,000 gang members, which is four times the number of police officers. Chicago politicians solicit the support of gang members in their campaigns, accepting laundered contributions from them, hiring their members and tipping them off about upcoming police raids. And their biggest favor to the gang bosses is doing nothing about the epidemic of gang violence.

Life is cheap and illegal guns are as available as illegal drugs. America is a group of war zones whose problem is not the supply of guns, but their own social dysfunction.

Reformers in the twenties blamed the plight of the slums on the availability of liquor. They pushed through Prohibition to fix the cities. The liquor went on flowing and the slums went on being slums. Gun control has been just as successful in healing the slums as whiskey control. Just like the dry reformers, gun control advocates insist on trying to apply their solution on a national level, when the problem is not nationwide.

STREET GANG MEMBERS - NARA - 552753

Street gang – NARA – 552753 (Photo credit: Wikipedia)

Not all of America is broken, but a lot of it is. The part that is broken most often stems from broken families. Loss of the lowest fundamentals of an emotional healthy individual results in a loss of an emotional healthy country.

The legacy of Martin Luther King reminds us of a leader who spoke difficult truth even to his own people. We need leadership like that today.

Categories: Business, Economy, Education, Elections, Ethics, Globalization, Government, Health Insurance, History, International, Justice, Military, National, Opinion, people, Popular Culture, Security, Service, What's Up | Tags: , , , , , , , , , ,

Blog at WordPress.com. Theme: Adventure Journal by Contexture International.

Follow

Get every new post delivered to your Inbox.

Join 38 other followers

%d bloggers like this: