Sunday, January 23, 2011

Mr. Obama: Competition Will Not Cure What Ails America

The press releases and publicity surrounding Mr. Obama's upcoming State of the Union address on Tuesday have highlighted the thrust of his message to the American people and his response to the defeats the Democrats suffered in the midterm elections.

It is "competition" which will create new jobs, and salvage the piss poor U.S. economy, an economy which has been on a downward spiral for literally decades under both political parties. Gas prices are now inching over $3.00 a gallon once again (in spite of the ever expanding "War on Terror" which continues under the Democrats, costing this country literally billions), and many Americans are now homeless and jobless due to both the mortgage crisis, and outsourcing and insourcing which has gone on and continues in the name of competing in the "global economy."

I have news for Mr. Obama. Competition is not the answer.

In fact, that is what has gotten us into this mess, competing for global dominance, rather than protecting the sovereignty and economy of the good old U.S. of A.

Competing in the global market place has cost this country both its industrial base, and even its own land and resources in the name of "free trade" and simply expanded the stock portfolios and holdings of the few at the cost of the many.

Not exactly what our founders had in mind for this country.

Reinstituting protectionist policies will reverse this trend, and bring America back to the forefront once again. Investing U.S. dollars in our domestically owned businesses and start ups, rather than global corporate conglomerates will bring new jobs to these shores, rather than those of China or India.

China and India can provide their own jobs for their own citizens in developing new industries, rather than piggybacking on the jobs and livelihoods of Americans. And with respect to India, Britain can shoulder their share of building that country's economic future as a former member of the British realm.

Our deficit can be cured rather simply by calling in all our foreign aid debts to all those countries we have supported and funded for over a hundred years, and ending a war that never should have gotten this far to begin with and beginning to secure our own borders from the devastating impact and effects of those open borders on both the property, lives and jobs also of Americans.

Regulating the U.S. banks sufficiently, the ones who create the mortgage meltdown and crisis to begin with in selling loans to U.S. homeowners and home buyers which were not even based on the U.S. currency but the London interbank exchange rates would be a start.

Placing sufficient controls on the Wall Street wheeler dealers who also had a hand in this recession/depression yet whose CEOs salaries have continued to climb also might make a significant impact on placing such salaries and benefits in the hands of those who should have such authority - the shareholders and owners of those global corporate conglomerates, including the small, domestic investors.

And hiring economists whose primary focus are on building up the U.S. economy, and not that of the world's would definitely help.

In short, reestablishing the true Rule of Law in this country once again, our Constitution which was written by Americans for Americans.

Rather than continue on this path that will only lead to the destruction of this country at the hands of foreigners, and foreign governments.