To lead off, I wanna say I’m gonna miss George Bush. Without him I would not have been able to write so frequently on
Now her comes the president elect, Barack Obama. You my folk Jones but come correct. Albeit I feel your proposed policies are a threat to my libertarian views, I support you and want you to succeed. I do feel that I believe your historic victory will do much for my personal cause. I think you will make it cool to be smart again. I’m sure you as me find it hard to find folks well read and competent in diverse subject matter such to hold a respectful dialectical tête-à-tête. In addition, I feel that you will encourage men to be men, extol the values of family, of being a father and wearing your pants around your waist with a belt if required. But like I said you need to come correct and some advice from me as a laymen idiot savant if I may proffer such.
- Auto Industry: Don’t bail out the auto industry; we gave them 25 billion earlier this year. If they fail we looses 3 million jobs, if you give them loot, we will still loose about 500,000 jobs and maybe have 10 plants closed. You cannot bail out a company that has a target price of $0. If you do, make them competitive, that’s the problem and make it incentive based only. Give tax rebates to folks who buy cars, and give a credit for those based on the more gas efficient vehicles they purchase. And make the workers take a 40% pay cut – they aint that productive, and for what when Americans aint even buying their cars. So don’t bail out company like GM, whose stock as I write this is worth nothing. Zero. And also, don't forget, place thyem crooks in jail. All them, I mean find out who did what and who much they looted from the people - that will go a long way to restoring confidence. Maybe then I will bring my loot back and invest, maybe. But DONT REWARD FAILURE.
- Job Creation: If you really want to move forward with this, which is something I suggested, would be required to energize job creation several months before you said such, please give the loot to the states and let them decide.
can not decide for the states and such would go farther and will be used more efficiently at the state level. Who better than the sates to know what road or bridges need to be fixed/replaced first. In addition, I know you speak of education, but I would suggest you fund more research so scientist such as my self can put our creative prowess for the betterment of America. Although we are few in number, world wide the scientist/researchers that we have are the cream of the crop. I mean if foreign countries offer me payment for my expertise why not my countyry? Research will take us back to being creative and enhance what is currently dormant in American ingenuity. Washington
- Over all economic approach: If I asked most folks what you gone do or said you were gone do Mr. President Elect – chances are either they don’t know or don’t know the extent of the problem. Ergo, don’t make any economic decision until your team is in place. You are smart, but it scares me that I aint an economist and see the problems from the ground, as an independent investor and small business owner better than you do. Be truthful, tell folks the economy is falling off a cliff, don’t hide it. And please stop giving away loot to these mutha fucas – I let you slide with signing on to the bail out which was foul, especially when we don’t know what the loot is going for, and you don’t know either or else AIG wouldn’t be getting 80 billion, then 123 billion then 150 billion at final tally. Especially since you gone have us pay for such by issuing more debt in the form of bonds, which will, if history is correct will increase interest rates. I hope you study the stock market crash of 1929. Like now, all the big wigs; the Thomas Lamont's and the Charles Mitchell’s, just as now, came out and said the markets were straight. Back then the Banks tried to stabilize the market by spending 14 big ones, not the government, and what happened it still crashed.
All I’m saying jones is that I am down on your team, but I am not a mindless voter who has not read the constitution, nor any of the bail-out bills nor any of your policy proposals. I mean, unlike them that wanna yell and hollar and party for having a black president, and say the emancipated and dont wanna do no work, I fell you are a president who happens to be black and I desire to do my part. Because being happy aint gone do shit if you dont work to make certain you are a success. So if anything make us competitive. Because I said it before, the sub Prime crisis aint even hit us yet, and many more business and banks will fail. So tell us up front, because you know the states will be next, seeing their unemployment coffers cant or were not designed to sustain or support record job losses that we see currently. So Mr. President just a few words – be smart and what ever decisions you make, let them be finite. And make GWB take his empty kegs with him.