Well folks , I’ve listened to the SOTUS twice now. And here is what I’ve learned.
Well that didn’t take long. But here are some observations,. First to hell with capitalism, who needs capitalism when your government can print money, give it to start ups to produce solar panels and wind mills. If you want to start a business today, no need to go down to the bank and get a loan, just call the White House, they’ve got lots of money, of course it belongs to your grand kids, but hey, we’ll all be gone by then. Remember the bit about offshore drilling, that must have put a crease in his shorts, I ‘ll bet the speech writer that put that in there is looking for a job today. Just how many of these CEO’s will eventually will decide, whoa! I can bail on this free money, take my product to China and save 90% of my production cost. But hey thanks obama, your great.
That’s exactly what we have going on right now here in Arizona . Our Governor and a bunch of brain dead Republicans and Democrats are all ga ga over a couple of start up companies that are coming in to the state to build these fantastic, solar panels. Accepting money with no risk involved to the user is simply dumb policy. If my numbers are correct they are going to get tax breaks and millions dollars of some ones money, yours or mine, federal stimulus dollars borrowed from that’s right China. To crank up these two Green jobs companies. But watch for this down the road, say a year or two. The EPA, OSHA, DHS, labor unions, health care mandates, workers comp, yada yada, and the list is just getting started, will move in and these two company CEO’s will ultimately say,. Whoa, this is not what we asked for . We are spending all these dollars just to satisfy, a bunch of agencies, that do nothing to help us create a product. They are costing us time , money, forcing us to hire a bunch of folks just to handle the paperwork to satisfy all these agencies. I know, lets shut this sucker down and move our production to China. Or lets sell our patents to a different corporation, file bankruptcy, move our patents and designs to yep you guessed it China. But here’s another probability. China is already manufacturing solar panels. So these two start ups are already behind the power curve before they produce their first panel. And if either one of these two solar panel start ups create a better widget. One of the 300 Chinese owned corporate spy companies here in the U.S. will go buy one of those super widget panels, overnight it to China and by the weeks end your design, your patent, is on the world market. It is being under priced, produced faster, and your product is suddenly not competitive even here in the U. S.
Is there a solution to this, yes but this federal government will not go near it.
The result, 10 million dollars of borrowed dollars from china, wound up rewarding China by your efforts here and you still owe the money.
Is there a solution to this , yes , but this administration has no clue.
Another problem is our federal government is killing capitalism with bribes. This administration wants to be the engine of production. This administration wants every worker in America to be on the government payroll in one fashion or another. Since everyone is working for the government,(does the Soviet Union ring any bells)?
So now you can send your kid to college, and he or she will have a guaranteed job working for a government agency or to use the POTUS words “public service“. Why invent, why work out in the garage on an idea. Have you ever thought about what a government farm would look like ? It wont be long folks. At the end of the day who is going to pay off these education debts. You, me? Some body has to be producing something that sells for a profit or there is no tax revenue,.
The Republicans and Democrats just voted today for 4 more years of cheap money. You know those worthless green things you used to carry around in your purse or billfold. I don’t know about you but all I have now is CHANGE. I mean they must be worthless because the Fed/Bernanke is going to keep the interest rates at 0.5% . I don’t know why they don’t just do what they did in Japan in the 90’s and pay you to borrow money. Not to worry that will be here in obama’s second term.
The question is why are they keeping the cost of money at zero. There are many nefarious reasons . But the most obvious to me is this. There is no incentive to save money at your local community bank,. So your going to send your dollars to IRA’s, and 401K, or some broker with deal you just cant refuse. Just like you did over the last decade. And those dollars will wind up on Wall Street. Then they wind up bouncing around different brokers, pulling out their commissions, investing in guess what, synthetic financial instruments, that are tied to Mortgage backed securities then end up bundled into these credit default swaps or Junk Bonds. These investment dollars of yours once again are the dollars that the big banks are now using to pay these enormous bonuses that are being paid out right now on Wall Street. We are doing the same thing all over again, and its due in large part to the Feds, insistence on keeping interest rates at zero. Booms and Busts. And who gets hurt, the middle class. Will someone tell me the difference between what Wall Street Banks are doing and what Bernie was doing. Bernie goes to jail, and Paulson buys a hockey team. Hellava deal.
Last nights SOTUS was mostly about more government, more spending, more bribes, and more borrowed money from China. We all know that. Another interesting observation was this. The Republicans and the Democrats spent most of the speech standing up clapping at the at the same time. So what does that tell this current candidate for Governor here in Arizona. Constitutional Conservative Third Party Candidates must step up. ” The issue with obama is he has no problem giving away what is not his to give, the trick is for Americans to refuse to accept it”.
www.bruceolsen4gov.com









