Wednesday, February 18, 2009

WHY WE NEED AN OFFICE OF FINANCIAL DEFENSE

The Auto Industry Gets and Oversight Board – Why Doesn’t Congress

Politics found its way into the auto maker industry and has appointed a board so speak to oversee plans and the work out of Detroit. The stimulus plan is a political media bonanza. I say it now again both efforts are inferior ways to get out of the rut. If our best private sector CEOs and company founders were part of a nation board – an Office of Financial Defense they would never approve such plans.

Auto industry! Lets pour billions into saving the giants and propping them up for a little while when we all know full well people aren’t buying or going to buy cars in a quantity enough to save them. Giving astronomical tax breaks to individuals and small business is such a paltry sum of money it won’t be stimulating anything put the press. Do we all think that a governing board of the United States and Congress would ever run this county’s finances like this? Trust me it would be 360 degrees different and in my opinion the only way we can get this country steered back into the right direction.

We all know it. We all hear it. Congress is just not capable of managing the budget, spending and our money. Lots of smart people there but only a handful really have the business experience to run our national P&L let alone a check book. A Billy G cliché again – If our country was a company, and we are a capitalist nation, our board of directors, management and a host of employees would be fired for sure and some sent to jail for the way our country has been left in ruin. So if we can’t fire them or revolt then why doesn’t someone suggest we put the best team of business professional around Congress and the White House to manage our finances. Let them deal with LAWs, domestic and world issues while leaving better equipped and experiences people manage our money.

Seems like a no brainer – although I never expect Congress to put their own oversight board together when our nation looks much worse than the banking and auto industry crises. Why do We The People allow this country to be managed into bankruptcy. Why do our leaders let our nation become vulnerable to Economic War. And as I said back in July this country needs an equivalent entity to Homeland Defense – even the CIA now agrees with me. With all the chaos and turmoil isn’t it time we figure out how to reign this country in and get America out of hock with the world. If we don’t do something to fix us we can forget about the auto sector or stimulus because it will be the core of capitalism that goes up in flames, literally and figuratively.

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