Friday, December 26, 2008

Give Thatcher US Citizenship

Some thoughts as the year draws to a close:

+ Times are tough for a lot of folks and the retailers are now calling foul. They have joined the bailout line with hands outstretched. The bailouts really concern me. Why are we giving money to management teams that have provided poor leadership through bad decisions? Why give money to business leaders, who for years have pillaged their businesses?

+ I wish Thatcher was 20 years younger and a US Citizen. I think she would tell the government that the spending party is over. The waste needs to be eliminated. The lack of accountability within the government needs to be fixed.

+ Stop the bailouts. The big 3 will burn through the money fast and then will be back asking for more. Natural selection will take care of the problem. Companies that cannot manage themselves well should fail.

+ Get incentives out there to stimulate the economy, not through hand outs, but through rewarding job creation and those who start new businesses.

+ How about giving tax breaks to the people rather throwing money at failing businesses?

+ Time to get serious about real change and trust me, socialism is not the solution. Ask anyone who lived in the UK during the 70's.