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Getting Low On Ammo. How Accurate Is Uncle Sam's Aim...Shooting Our Way Out Of A Recession?

video game, kids playing target game  

  Conserving resouces, watching our "ammunition", controlling our spending.

Two trillion dollars of new debt borrowed at three percent could boil down to 165 million dollars of new national red ink in interest only payments each and every day. Isn't too much personal debt, failed government policies, and borrowing more and more digging a larger national hole to slide into?  If the US can not borrow the money and starts cranking up the printing presses to cover the growing debt aren't we adding new holes to the ship that's listing and taking on lots of water already? Because this is not change and a move in the right direction the country needs, isn't this an expensive band aid for a mortal gunshot wound? This is serious business, not a video game requiring a few quarters to play. The stakes are high, lasting, costly.

     Because less money trickles in from already strangled free enterprise operations, how does this video game movie end?  Are you thinking the government will fix it all and lulled into a false sense of security? Do you feel powerless and like a deer in the head lights caught unaware as a trailer truck rounds the sharp corner, bearing down on it? You worry and are concerned about your own debt, but do you have the same aversion about the national debt? Creating more government, adding to the national overhead of wasteful inefficient bureaucractic debt and the expectation of more borrowing until we get it right should be gut wrenching felt terror. 

     When an American business builds a quality widget, can produce it ecomonically with a tight fiscal operation, an less government fingers in the operation and sell it at a fair price, expansion happens.  Jobs are added, folks transporting the widget to market win, supplies of goods and services to build the widget make honest market driven profits. And every new dollar that factory creates turns over six times in the local economy. The business pays taxes, workers buy houses, schools are filled with rising numbers of students and the local economy booms.  But if that business has more and more debt, is saddled with taxes or unfair foreign trade agreements and more government red tape maine beef dairy farms image, mooers realtyto distract and drain resources, not matter how much money you throw at Joe Citizen to spend in a small token stimulus check, you slowly learn you need to start with the other end of the cow. 

     Let free enterprise work, flourrish and don't have Uncle Sam at the controls of trying to right an upside down airplane that is heading toward a mountain.  Lighten the airplane..reduce government spending, shovel off the layers and layers of bureaucracy and eliminate one by one the congressional vehicles used for pork spending.  If a farmer is creating wealth..something from just the soil and lots of hard work, then make his operation as free of government impediments as possible. Ask him what is choking off his life blood..and act on keeping the cheap food policy this country has enjoyed for some many years that is now threatened.  Don't and food could become the ulitimate weapon, not deflated currency or dusty bars of gold and silver sitting in the treasury. 

     Or when a business with its own capital starts up with creativity andrew mooers, mooers realty logo,maine real estateand an eagle eye for slank in the operation and produces something timely, that is needed and affordable right here in this country, that is the beginning of rising out of the quick sand we are trying to tread frantically in.  Let individuals create their own destiny not making it the handiwork of talking head college professors anxious to sell a book or appear on a talk show for their own betterment or to serve on congressional boards to shape the economic future. Small business..that is the engine that runs this recovery and feeds the many programs / entitlements that Americans enjoy but no longer can pay for or expect.  Saving, not spending is what gives the traction to kill the waste by not adding to national debt with our own tax payer dollars. Let individuals invest in real estate by loosening up on the tax rates and fees now siphoning off too much of his hard earned payroll dollars.

Maine REALTOR Andrew Mooers - Small Town Sensible Living In Rural America For Sale

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Comment balloon 7 commentsAndrew Mooers | 207.532.6573 • February 20 2009 10:47AM

Comments

I completely agree on the concept that free markets should have been allowed to work this out.  What should have happened back in 2007 was a tax incentive to investors for modifying mortgages.  It would have fixed the problem at the onset  and avoided the catastrophe that we are experiencing.

I do belive that what we thought was  a free market, was not.  The markets were being manipulated by Wall Street and Big Banks.  Congress was bought through powerful banking lobbying efforts.  This effectively destroyed what we thought were free markets.

Our 100 year old anti-trust laws failed to protect us.  The FDIC needs to move in, break up big banks, and re-privatize them as smaller regional banks ASAP.

Posted by Kate Bourland, Onlilne Marketing Mobile Marketing (Marketing with Kate) over 10 years ago

What I find interesting in the comment is ... Let's keep the government out of it, but what we needed was a tax credit to modify mortgages.  That is the government getting involved with it.

Posted by Mike Henderson, HUD Home Hub - 303-949-5848 (Your complete source for buying HUD homes) over 10 years ago

Well said, Andrews!

It is time we all get back to the basics & learn how to live within our means... and that includes the government too...

Posted by Monique Ting, Your agent under the sun (INET Realty Honolulu, HI) over 10 years ago

This government is purposely aiming towards making as many people as possible dependent on the government for their basic needs.  Its policies will keep over 1/2 of all "taxpayers" from having to pay any tax at all.  In fact that half of the population will receive "free" money from the government just for existing.

By buying votes this way the anti-capitalist group in power hopes to stay in power indefinitely.  Afterall wouldn't you keep voting for politicians who sent you money for nothing and eliminated your tax responsibility.

Also, between the TARP, STIMULOUS, and new programs on the way, the government is rewarding irresponsible behavior, bad decisions, and failed businesses.  This is more vote buying.  They can claim to have saved millions of jobs by saving thousands of companies.

I blame both Republicans and Democrats for this mess we are in.  Both parties let this build up for many years through 6 different presidents and many congresses.  Eventually the house of cards of PRIVATE DEBT collapsed. 

Now the government is compounding the problem with another huge house of cards known as PUBLIC DEBT.  I see HYPER-INFLATION down the road, but this government doesn't care because it will use whatever crises and emergencies that come along to gain more control over you and me.

"The problem with Socialism is that eventually you run out of other people's money.  Then everyone is equally poor."

 

Posted by Mark Cohen over 10 years ago

Good points. And while we are talking about cows..how about sacred cows? Matt Ferrara talks about slaughtering sacred cows or old outdated but cast in stone real estate "chants"...Forum answer to should we slaughter them....

Mark:
I have spent twenty years slaughtering sacred cows in the real estate industry, which seems quite determined to self-destruct rather than challenge insane notions like:

- "I have to run a classified ad of my listing, because the seller asks me to..." even though less than 1% of buyers found the home they purchased in the newspaper

- "I have to recruit and have as many agents as possible so I can maximize my profits..." even though less than 15% of the agents do the business, and the rest simply suck up air and space in an office (oh, yeah, and money)

- "I can't tell those agents what to do! They are independent contractors!" even though every other industry that uses independent contractors tells them EXACTLY how they want the job done.

- "I can't fire that non-producing agent! What if they go down the street and become a top producing agent?" even though this has never happened in the history of mankind.

I can say one thing, though, about these and other sacred cows: The need to continuously slaughter them has kept one thing fat, at least: Our bank account!

- MOOOOOOOOOOO

 

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 10 years ago

Hmmm, I have to think on this one a bit.  I really have no idea what I think or feel right now.  But, I am sure you must feel better from venting out your feelings!

Posted by Sonya Loose, Selling Waterfront in Gladwin & Midland County (Modern Realty) over 10 years ago

Sonya...speechless...hey hey!

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 10 years ago

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