Meaningful Quote

The quote was absolutely perfect - "less government in business and more business in government". The coordinating factor in this two pronged expression is debt, a debt that is being created by Obama and his handlers which will have be paid back by the American taxpayer.

The actual and potential financial obligations of the Federal government are difficult to grasp because the figures are so large. Consider this, our Washington leaders have now pledged to guarantee just at 80% of the outstanding home mortgages in America. That would be 80% of $14.6 Trillion. Of course no where near that total amount will ever be actually demanded from the various Federal agencies that have underwritten the housing industry and the financial industry. However, if only 10% of these mortgages go into default, the taxpayer will have to come with $1,460,000,000,000.00. A calculation easier to grasp is the Cash-For-Clunkers program. In rough figures 700,000 Americans received this government benefit. Not counting the actual government expense [overhead for salaries, utilities, etc.] that is another $2,300,000,000 taxpayers have to contribute to Washington.

The banking industry is doing poorly even with Obama's help. Almost 100 banks have been closed and so much of the FDIC reserve spent that this Federal agency is now seeking $500 Billion from the banks it services. Which means the money will come eventually from our pockets.

Washington truly wants to "spread the wealth" and every action it undertakes is contrary to the basic tenets of capitalism. In the true American way, some businesses are successful and some are not. Some Americans work hard, get breaks and prosper others don't. Governments are not businesses and have no business insight. This is true no matter which party is in power. The American government once "enlisted" the services of real businessmen to coordinate and implement a solution to a national problem. Now the Federal government employs, and unfortunately we elect, individuals who have never run a business; who have never worried about making a payroll; and who have never been faced with a business slow-down. Those government checks; those community organization checks; and those "non-profit" checks always show up on time and mostly came from taxpayers' wallets.

The solution is simple "less government in business and more business in government".