Friday, December 21, 2012

Economic Resilency

The Fiscal Cliff is way overblown as far as the American Economy is concerned. The people that run businesses in America know what they are doing in most cases. Although, the Fiscal Cliff presents an interesting challenge, you can bet your bottom dollar that these business leaders will adjust to the ultimate outcome.

Think about it. Despite four years of President Obama's leadership or lack thereof, a do nothing Senate and a we cannot do anything House of Representatives, the American Economy continues to purr along. Business leaders adjust to the current environment. Sadly, a lot of this adjustment has been downsizing their companies, running lean inventories and reducing investments in research and development. These strategic business moves, however, have contributed to a great year in the stock market. This despite no tranquility at all.

What does the next 10 days hold? Who knows? However, I know one thing. The American Economy will continue to do well, because business leaders will adjust to the new reality, whatever becomes of that reality.

In talking to family, friends, clients and others, I think we all agree that this Fiscal Cliff thing needs to get resolved one way or the other. It is simply unfathomable that these fools in Washington D.C. do not give a hoot about the American people. They are only in it for a power grab and their own selfish re-election needs. You always hear about the fact that elections have consequences. The American people have let these fools in Washington, D.C. control us. This is a big mistake. We are smarter than this.

The Preamble of the United States Constitution starts out with "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

I do not read anything in the Preamble that says we the government, or I the President, or we the Senators, or we the House of Representatives. It says "We the People..." We the people are in control of this country, if we believe a word of the Constitution. I am curious however as to why we allow these idiots in Washington, D.C. to treat us this way. We have no one to blame but ourselves.

I think we need to take these elections in the future a lot more serious and exercise our right to vote in a manner that favors "We the People" of these United States of America, instead of a political party. Further, the Preamble also says..."insure domestic Tranquility." We need some domestic tranquility today, don't we?