I sometimes wonder what we don't know about the state of our federal finances. I'm sure are people in the department of the treasury who know a few things we would not want to hear. I'm also very disappointed in our banking industry and our government allowing the mortgage crisis to approach total ruin before calling a halt to the shenanigans that were going on. It's just another reason why we can't afford to have everyone in home ownership. Too many homes depend on two incomes to pay the mortgage and the bills. Our grandparents did just fine in homes that were too small by today's standards. Nowadays, we think that we need a media room, a 3 car garage, and stainless steel designer appliances to keep up with the guy next door and 3000 square feet heated on a 5 acre lot. Lose an income and that house belongs to the next couple who can swing the loan.
Any large organization is full of the same problems that plaque government. I'm retired from a multi-national corporation that once was in the Forbes top 10 companies in terms of profitability. You get tired of hearing about this year's plan to take us back to the top and you know after hearing it that there's a lot of lip service in the details. Corporations exist for one reason primarily and that's profit. Every decision they make is based on a projected bottom line. If it's also good for the customer, so be it, but there are few decisions made that provide the customer with a benefit that don't also involve cost benefits or increased revenue.
I haven't seen a batting average list of the current administration's wins and losses, but I'd bet that Obama is somewhere in the bush leagues right now. His batting average and voter confidence levels are dwindling daily. Not that George Bush was anywhere near Ronald Reagan, but he fared better than the present leadership. I'm not a liberal by any means, but I enjoyed the Clinton presidency and the economic upturn that accompanied it. The Dot Com era was a great time to be alive. I wonder what the next big thing will be. We surely need something. Maybe it will be a break
through in quantum theory that gives us cold fusion and we can kiss oil goodbye.
Enough rambling.