3rd World America: By UofM Economist Carmen Reinhart & Harvard Economist Ken Rogoff
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Yes, Romney is a turnaround specialist. He has business consultancy experience, venture capital and turning around distress companies. He even turned around Salt Lak City olympics and not only got them going but even eeeked out a small profit. He did fairly well as the Governor of Massachutes, atleast without going into nitty gritty details.
However, his views on defense spending, immigration, healthcare via fees and mandatory charges etc. are not viable. 10-12 million illegals are mostly here because they do jobs that most of Americans do not want to. US folks are not going unemployed otherwise Mexicans and others would be chased away with stores refusing to sell them goods and similar mass backlashes.
Turning around corporations, departments and even states is much easy than US Federal Government. President needs support from Senate and other 'politcal nonsense' and states do not have trillions in debt already built up. Anything even 1/10th of Katrina Storm hits and everyone is looking to DC for more aid and support.
I still believe there is good $200B a year spending cut in defense possible. Little more taxation to rich and highly profitable corps. Taxing trillions parked in offshore accounts. Taxing those corps who shifted jobs to China and Asia but still selling goods at same profit margins. Consumption taxes on cigarettes, alchohal. owners of SUVs etc. etc. Getting quality controlled drugs from overseas will definately cut down health and medicaid costs to all.
Still believe that HRC is the last Turnaround Specialist left in the crowd. US needs strong leadership rightnow and she is a strong person. More firm than McCain and Little Bama ;-)
However, his views on defense spending, immigration, healthcare via fees and mandatory charges etc. are not viable. 10-12 million illegals are mostly here because they do jobs that most of Americans do not want to. US folks are not going unemployed otherwise Mexicans and others would be chased away with stores refusing to sell them goods and similar mass backlashes.
Turning around corporations, departments and even states is much easy than US Federal Government. President needs support from Senate and other 'politcal nonsense' and states do not have trillions in debt already built up. Anything even 1/10th of Katrina Storm hits and everyone is looking to DC for more aid and support.
I still believe there is good $200B a year spending cut in defense possible. Little more taxation to rich and highly profitable corps. Taxing trillions parked in offshore accounts. Taxing those corps who shifted jobs to China and Asia but still selling goods at same profit margins. Consumption taxes on cigarettes, alchohal. owners of SUVs etc. etc. Getting quality controlled drugs from overseas will definately cut down health and medicaid costs to all.
Still believe that HRC is the last Turnaround Specialist left in the crowd. US needs strong leadership rightnow and she is a strong person. More firm than McCain and Little Bama ;-)
well said, and life (god) will see that they get to it
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and in life's (god's) eye, so long the weak help the strong grow, they are serving their purpose
I don't think there is anything wrong with this, even if your emotions make you feel bad about accepting such facts, reality tends to accept these as something natural as it always has, and does what it likes whether you like it or not
almost all humans take their dreams to their graves, this is set on purpose, for when humans stop dreaming they stop struggling and accepting the suffering of this world as what life should be, and usually this will result in suicide or the person creating a false dream for himself even though he knows it is false just so he doesn't commit suicide for what ever reason
life is set so humans struggle to serve something, something unknown in the future and in the present the ones with power
Quote from toc:
king to DC for more aid and support.
I still believe there is good $200B a year spending cut in defense possible. Little more taxation to rich and highly profitable corps. Taxing trillions parked in offshore accounts. Taxing those corps who shifted jobs to
I think very strongly that the United States Milatary services should be combined into one force under a single chain of command. I know that each branch has its own history and is rightly proud of it, but things could be accomplished in a much more cost effective way if we had one force, something like the IDF, and no one has ever called them a bunch of pusses to be sure.
As far as taxes go, American Corps already pay the second highest taxes of anyplace in the developed world. Its no wonder people are leaving. If you don't believe that low taxes or no taxes are a huge factor in where business will locate and do business, look at Dubai.
I have no problem with some individuals paying more on SSI insurance (i would get rid of the max cutoff point, and have them continue to pay) and raising the retirement age by 3 or 4 years. Both of those things would likely help a ton, although they certainly would not make who ever tries it popular.
'something like the IDF'
Most Excellent Point!
IDF has only 100K active duty men, but if need be they have additional 400K available with their very high skills and fighting capabilities.
US should do the same, reduce military size to around 1M but keep 1.5M in reserves or what ever is strategically possible. With simulators in advance capabilities available, keeping the reserves well 'trained and gained' will not be very costly.
Also, my figures might be wrong but a Captain level officer can train a full company in basic war fighting skills within few weeks. An army of soldiers can be 'fully retired' but if officer corps is mostly intact then raising another army in few months is only a matter of extra effort.
US is not going to fight Iraq type 'stay and police' wars mostly. The real future wars will be 'technology intensive' and US is 10-15 years ahead of any major nations across the globe.
Most Excellent Point!
IDF has only 100K active duty men, but if need be they have additional 400K available with their very high skills and fighting capabilities.
US should do the same, reduce military size to around 1M but keep 1.5M in reserves or what ever is strategically possible. With simulators in advance capabilities available, keeping the reserves well 'trained and gained' will not be very costly.
Also, my figures might be wrong but a Captain level officer can train a full company in basic war fighting skills within few weeks. An army of soldiers can be 'fully retired' but if officer corps is mostly intact then raising another army in few months is only a matter of extra effort.
US is not going to fight Iraq type 'stay and police' wars mostly. The real future wars will be 'technology intensive' and US is 10-15 years ahead of any major nations across the globe.