Posted by
peripheral on Monday, May 03, 2010 6:04:40 AM
From My Perspective - - -
Whatever happened to the business philosophy of Henry Ford, who said:
“There is one rule for industrialists and that is: make the best
quality of goods possible at the lowest cost possible, paying the
highest wages possible.” Is this a business model followed by the
Federal Government? Do they know how to Add and Subtract? Are their
projections reliable? Should the Federal Government be allowed to take
over and manage Corporations and Business Enterprises? Do they have any
success Model that demonstrate their unique ability to manage, budget,
operate within cost-effective constraints, and show a profit and/or
surplus?
Consider some Federally championed and sponsored programs - - -
The U.S. Postal Service was established in 1775 - 234 years to get it right and it is in deficit!
Social Security was established in 1935 - 74 years to get it
right…it has spent the Trust Fund and has a diminishing resources for
continued operation!
Fannie Mae was established in 1938 - 71 years to get it right and it is essentially Bankrupt!
Freddie Mac was established in 1970 - 39 years to get it right and it is also Bankrupt!
Medicare and Medicaid were established in 1965 - 44 years to get it right and now operating costs have escalated and benefits are being reduced!
The Department of Energy was created in 1977 to lessen our
dependence on foreign oil. It now has in excess of 16,000 employees
with a budget of $24 billion a year and we import more oil than ever
before - 32 years to get it right and it is not yet achieving its goal!
The War on Poverty was started in 1964 - 45 years to get it
right – more than $1 trillion is transferred to the poor and the desire
for more services and benefits is insatiable!
The world looks on and sees this nation’s economic woes and morass (any
confusing or troublesome situation, esp. one from which it is difficult
to free oneself; entanglement). In an article written by John Myers in
Personal Liberty Digest (April 28, 2010) entitled: “Bowing To China: What It Means To Our Future”
some of the following is included: “Let China sleep, for when China
awakes she will shake the world.” Napoleon Bonaparte. One of the
sections – “No Tickey No Money”
- contains the following assertions: “China’s military may not yet
challenge the U.S., but Beijing wields the world’s most powerful
weapon—credit. China’s foreign reserves, the world’s largest, rose to a
new high of $2.45 trillion at the end of March…It wasn’t until 2006, or
30 years after Mao’s death, that China accumulated its first $1
trillion in foreign reserves. Yet by last April that amount had doubled
to $2 trillion and by the end of this year Beijing may hold in its
hands $3 trillion in foreign reserves. If America gets his way, $1
trillion of that sum will be in liquid Treasury instruments…Last month
Premier Wen Jiabao, China’s top economic official, lectured Washington
to take concrete steps to reassure Treasury investors. Keep in mind the
irony: Jiabao, a communist, is demanding that the American
administration rein in big government spending and preserve the
dollar’s integrity…Our future boils down to Washington’s insatiable
demand for more money. Earlier this month Commodity Online reported
that seven U.S. states are in worse financial condition than Greece,
Ireland, Portugal and Spain…With a $3.83 trillion budget, a $12.3
trillion federal government debt, a $1.35 trillion 2010 budget deficit
and $63 trillion in unfunded liabilities, the fiscal condition of the
U.S. has come into question and foreign interest in U.S. Treasuries has
declined.”
In Genesis 12:1-3,
we read: “The LORD had said to Abraham…I will make you into a great
nation and I will bless you…I will bless those who bless you…all
peoples on earth will be blessed through you." Significantly, we
observe in Galatians 3:29:
“If you belong to Christ, then you are Abraham's seed, and heirs
according to the promise.” If we are not being blest and are not
prospering as a people and nation, we ought to look at our relationship
to the Lord – Who has promised blessing! We need national leaders that
will revere and honor the name of the Lord. We need more spiritualism
and less secularism! Even though time is fleeting, we still have
opportunity of amending our ways and returning to the Lord! Consider
these things with me!