l****z
发帖数: 29846 | 1 http://20smoney.com/2010/11/03/core-issues-that-continue-to-go-unaddressed/
With the election festivities over, maybe the politicians both old and new
can now get to work. Fat chance right? Well, we can hope. The problem is
that all the rhetoric is regarding surface level issues in my opinion. Not
meaningless, but not core issues. Included in these, I will put health care
(debatable), Bush tax cuts, etc. This is all people want to talk about.
Like I said, these aren’t meaningless, but until the following core issues
are addressed, I have a hard time getting excited about any candidate.
Core Issues That Need To Be Addressed:
1. Entitlements – Social Security and Medicare are in terrible shape and
are essentially money pits. These programs make up such a big chunk of the
Federal budget that they must be addressed if any meaningful fiscal reform
is to be discussed.
2. Cost Of Maintaining A World Empire – We have troops in something like
150 countries and are fighting two wars. You’re naive if you don’t think
we have a world empire. Our “defense” spending makes up about the same
amount as the rest of the entire planet combined. Again, an empire. For
what? Important question to ask.
3. Monetary Policy & The Reserve Currency – Do we have a plan if the
dollar loses its reserve currency status? What if the middle east refuses
to accept dollars for oil? Gas prices would likely shoot up. The reserve
currency status has allowed America to be fiscally irresponsible for a long
time. Eventually, it will be up. What then?
4. We have an economy that produces nothing – Our economy is
structurally broke, not business-cycle broke. We have service jobs and
consumption. That doesn’t equate to an economy that will grow and produce
jobs and wealth. We need production.
5. Corruption – When will a candidate actually battle the corporate ties
to government, specifically the financial sector. The fact that the
financial institutions got trillions of dollars in the name of the “greater
good” and “stability” so that they could continue to run casinos and pay
out billions in bonuses is a joke and a clear example that Wall St has way
too much control over Washington. This spans both parties, so don’t kid
yourself if you are pointing your finger at the other party. The recent
Wall Street reform bill is a joke and basically perpetuates that idea of “
too big to fail.”
So, while I’m glad to see politicians get a smack in the face in the name
of getting voted out of office, I’m not exactly confident in the incoming
leaders ability or willingness to address any of the above. They’ll have
their chance, but I’m skeptical. Can you blame me?
We’ll see where things go. | T*********s
发帖数: 2987 | 2 3 answered 2.
Keep Dollar as world's reserve currency is the purpose of a world empire.
Does anyone believe the world would use $$ as reserve currency if US was not
a World empire? |
|
