The President of United States Mr.Obama, will be speaking to the children of America on Sep 8th, to tune in and listen is your right, to hear to what he has to say is our privilege, his advise on the importance of Education ....Yes, He cares! His request to the youth across the country to stay in school is his Vision for the future of this country. To improve our education system is his responsibility.
If our Children remain in Schools and are educated, why do we have to out source Brain?
If there is a cost for our tuition today, there's a price for our Brain tomorrow!
There is a reason why the brain wave comes from India today, its because they stayed in school when they had to. They saw the value and need for Education. Their President Dr.Abdul kalam spoke to them about the need for Education and the impact is deep and intense. They are thankful for his advise.
Ignorance is Bliss, but let that not dieter you, from listening to what our President has to say.
Education is the life line to the future of this country. Lets not forget "Today's Youth", are "Tomorrows Dream", of this nation.
An out cry for change and only this govt can make a difference. bec we have a smart and sensible president. We need a smart & intelligible leader to change this course, who but you Mr.President Obama?
Social security: I often wondered in the two decades I have worked & contributed to this plan called "Social Security", If we call our selves capitalist why are we in a govt prog to save for our future. I can understand a 401k, pension, provident fund etc. but why Social Security, sounds so Russian. The govt is in no better position than any other investor who has lost money in the stock market, bonds etc. Like any other citizen who is in deep waters with their investments, so is the govt today. The trouble has been brewing for quite some years. Perhaps Social Security money has been used for war... Well the glitter of the up market is done with, the invested money ....gone. The Social Security system was truly created for one to invest and to realize its benefits in ones retirement. As time went by Social Security money was being paid by one and was being realized by senior retires, bec their money was spent by the govt. Today my question is why should we invest Social Security money knowing for sure we are not going to see any in another 10yrs. not 2037, I feel this money will be depleted by 2016, at the rate at which we are spending. It wasn't in Economic Times but Vanity Fair had published awareness figures like $14 billion per month spent on Iraq war & $5 Trillion was our deficit in the year 2007. That was an alarm we should have woken up to.Today our deficit is growing $9.6 trillion and ticking.
The govt is making small changes with hope the economy will turn around. It may well turn around, but not too long and too strong. We have to stop the unemployment rate from increasing and work towards creating long term permanent employment. This is only the result of what actions we took for an easy way out to make money, by shipping out our manufacturing to China & other countries, 20 yrs back. Then slowly many sectors were being totally outsourced: Petroleum, steel, technical services, our admin call centers, research, development, technology, production of agriculture,storage of vital information,even our pay roll, automobile we drive, furniture we sit on, clothes we wear, to the souvenirs of this country we treasure and the food we eat. 20 years later,today the result a whole generation is hurt, financially and educationally, A rich country, today much depleted of everything only because of our unwise decisions & reckless spending.20 yrs back no one realized the impact all that would have on a generation of American kids & us today.
The recession we are facing is only the preliminary impact we are experiencing today. How did one think we can have employment & education here and it will survive, if we are paying overseas for all our goods and services. We were for the past decade, surviving on other countries excess dollar invested in this country & merely trading foreign goods, strengthening others economy. The inevitable happened, no circulation of healthy dollar with in the country which led for the longest time to the weakest dollar and the greed artificially elevated inflation. The result economic and fiscal implosion. I am reminded & forced to compare of the first Krakatau's Prelude the largest eruptions in historic times. A mere warning, the real stupendous paroxysmal eruption, a series of cataclysmic explosions happened few months later, it collapsed the island beneath the sea.Just the same the biggest economic explosion is yet to come if we do not change our course or ways, if not it will spell devastation.
Suggestions :
1)Social Security: Effective 2010 Jan 1st, discontinue the prog of Social Security, if you have the interest of the future American generation at heart.a)People who have paid into the prog so far see if it can be paid in some small way, with the premium put away, a plan similar to pension.b)The govt should not touch the money for war or any other govt purpose.c)The prog should be discontinued if the govt can not find a way to do justice to serve the people. Why have a prog which is going to be a failure.
2) Cut budgets on war: If the federal is spending 60cents to a $1, we need to wake up. This country is spending beyond its limits. Osama Bin Laden is one man, has he drained the treasury of this huge and the most powerful country on earth. Is he successful or are we not doing the right thing? The republicans sold Ice cubes to the Eskimos, made Americans believe there was weapons of mass destruction in Iraq for 2 terms. At what cost did we terminate Saddam? I thought the target was Osama. Are the Democrats unable to sell a Ulu to the Eskimos?History does repeat itself, In 1960, did France not demand for payment of its debt in gold rather than its dollar.( when America had unwisely printed money for the Vietnam war & to fund its social prog's) 40yrs later we have not learned our lesson a wrong war in Iraq and a drained economy with weak dollar. Lets not drag it to Afghanistan. Send a special force to finish him(Osama). No need for a war , we do not have the resources, that's a fact.
3)Employment: We have to bring our jobs back to this country. Until then there is no moksha for USA. The CARS for clunkers is a great prog. but a very short term plan. Let us have effective 5years & 10 years plans.a) Bring back manufacturing to this country (composition by sector-Industries GDP is 19.6% 2008est), give incentives for manufactures in this country.We are aware dept. of commerce is putting tariff on smaller industries on various products, not sufficient lets focus on the largest Industry a $500Billion Automobile Industry.Lets reestablish & revive the American automobile brand & production Industry.b)Foreign car companies can export parts and raw materials to USA- but not fully completed cars. Why should we have a Japanese made cars "Toyota" leading in car sales in this country, whose economy are we pampering? why are we proud of it? It's time we begin assembly lines not only for American made cars but also foreign brand cars. Cost of foreign cars will also rise due to domestic productions, The money is in circulation within the country, creation of jobs which will reduce the unemployment growth and this will increase the purchase of power of individuals. c)America has to wake up to support local industries and manufacturing units so any automobile imported in finished product form, the tax imposed is heavy and costly-make it 380% now people will have to buy local cars & the money will be in circulation with in the country.
4)Vital Jobs: Bring back research & development & call centers back, that's our only salvation. Our countries unemployment rate is 9.7% and the fact is 17.8% are below poverty level (54.2million people)(Source:US bureau of labor statistics), Creation of jobs, a way to stabilize & retain a well balanced & sound economy. It will take time to grow but the next generation will be thankful for the change of our actions.
5)Technology:
a)Minimum wage is not an issue here esp in IT industry, because an average employee in an information technology industry makes $50k to $60k if employed in this country, be it an American resident or an individual from another country with work permit and when outsourced from other countries its about $20k to $30k.
b)The next question arises, what %age of computer lit people are available in this country. Well my question is what %age of computer lit are unemployed in this country. Well We got to give first preference to Citizens & Permanent Residents, this will certainly reduce in the incoming employees on work permit.
c)Tax, out sourcing of IT Industry after all IT is a great %age of the service industry which is 79.2% (2008est GDP). The treasury department could find a huge gold mine considering IT industry represents a higher %age of the service industry segment.
6)Money: Track American money invested in other tax heaven countries & bust them, Good job on the UBS Zurich based, Swiss bank. Well that was possible because they made the mistake of opening their banks on the US soil(UBS Bank USA) . Way to go Mr.President. I think its time to put sanctions on tax haven countries, who are helping people launder money & avoid taxes, countries such as Switzerland.
7)Education:Shutting schools & reducing budget on education, Increasing school tuition is not the way to go. we are just making our next mistake which is going to reflect 20yrs from now. In October 2000, some 3.8 million young adults were not enrolled in a high school program and had not completed high school. These youths accounted for 10.9 percent of the 34.6 million, 16- through 24-year-olds in the United States in 2000. This is the status drop out rates over the last decade, between 347,000 and 544,000 10th- through 12th-grade students left school each year without successfully completing a high school program. In the year 2008 it was 1.2 million.
If the United States‘s likely dropouts from the Class of 2006 had graduated, the nation could have saved more than $17 billion in Medicaid and expenditures for uninsured health care over the course of those young people‘s lifetimes.
Increasing the graduation rate and college matriculation of male students in the United States by just 5 percent could lead to combined savings and revenue of almost $8 billion each year by reducing crime-related costs.(Source:National Center for Education Statistics (NCES))
The country has not seen a straight forward, honest & sincere President as you, since Abraham Lincoln. Mr.Clinton was a true gift to this country, We need more than one good President.Time for some real action, Change is powerful, more so if its for the better.The real solid growth in any economy is manufacturing, it is the life line of any country. Let us not worry about high cost of labor in this country, when you make the other alternative of import difficult by raising taxes then automatically our cost is of no issue. It is time to be self sufficient and reliable on our selves. I would love to see good ole "Made in USA"!
We have an extraordinary president and he makes extraordinary moments a norm. Ms.Sonia Sodomayor the nations first Hispanic Supreme court justice, created history today. She broke glass ceilings with her eminent qualifications, being a woman & Latino, impressive.
As a Californian we have seen some great economic times and some worse but none like this. Yes, I am very concerned how can one drive a state from being the 8th largest economy in the world to an IOU status, in less than a decade.
If Gray Davis our 37th governor was not efficient in running the government and he was recalled for driving this state of California to a deficit of $35Billion, was our answer to lead a better govt, Arnold Schwarzenegger ? The terminator has certainly terminated the state of California by only increasing our growing deficit to a $45Billion. The state spending of our general funds has increased enormously:Years in Comparison:FY 1997-1998 FY 2003-2004 FY 2007-2008 State spending $68.5 billion $104.2 billion $144.8 billion Federal money $31.6 billion $52.5 billion $59.5 billion
It is unbelievable that this state in the very year 2000 alone, had a surplus of 15billion and 17billion came from only stock capital gains. Unfortunately what the politicians did not realize is that, the propelled wall street stock market will not be going up for ever. What happened to the sensible philosophy of save and put it away for a rainy day. California budget impasse has become a financial Armageddon.
The greed of the financial institutions, wall street, people at large & politicians were certainly no exception , to running this country and of course this state into the deepest recession.. How else dose one blow the surplus and dig into the savings if any and then drive it negative all the way into the ground. Today the states unemployment has grown to 12.5% and the national average is 9.5%.
The national or a state economy will sooner or later recover but to cut budget in the educational department, now that is something we all need to be seriously concerned. Failure of prop 98, Shutting down unified schools, laying off school staff, has only sent the California educational ranking 49th out of 50 states, evidently that's obvious indication of the state's deteriorating educational status in recent decades.
The state needs to cut down drastically its heavy spending habits and reduce the expenses, in all departments. However in the educational department the teachers need to be held responsible for their acts. The children ought not to have social passing, the system needs to change in the educational field. The children are our future and one can't cut budget heavily there. Eliminate tenure and precedence of seniority, hold the teachers accountable.The cost of Education in colleges need to get reasonable for residents. we need to focus on the increase of college graduates, reduce school drop outs which is at a very high level right now. By ensuring the education of our children we are in fact securing our future & our countries. failing which our country will be totally out sourced one day. The economy will never improve.
The major reason for out sourcing our IT jobs is because we don't have qualified people.If we continue with out paying a great amount of attention on education, we could soon be there, were a few generations would have gone with out proper college education,as a result the consequences and the status of our state and country, educationally and economically will be pathetic & regrettable. Lets focus on the roots and get our acts together.
In the State of California, if we don't have our leaders tone down the cost of our operation and reduce the expenses we are in deeper trouble. Its IOU's now...next what?
Citi bank was no exception, they jumped on the band wagon to take the bail out money, given by the govt. to save all these banks from collapse. Citi bank was one of the major banks who failed the stress test badly, who was hit the hardest by this sub prime credit crisis and the on going recession. They received $45Billion in loan from the govt.
All banks thought, the bail out money being given was rescue loans by govt to save them from total collapse and didn't have to worry about giving the money back. Until President Obama, put the clause the CEO's of these banks who have taken bail out money will not be paid more than half a million in salary. It's almost until then, the banks thought it was gratis money being given, when rules were put in place, most CEO's realized they better not be a part of this illusion of easy bail out money, until it began to hurt their own pockets. Quite some banks came back in full speed to return the loans taken, makes one wonder what was their intention and purpose of taking these bail out money?
Well, Citi Bank had its own conniving agenda. The govt gave the bail out money with good intentions to the wrong institutions. While its slowly putting its rules as it progress, AIG thought the govt a huge lesson on fraud and crooked ways to steal the tax payers money by giving its employees humongous bonuses. while that's being fixed slowly and is under heavy scrutiny in the recent months, by the govt, Citi slapped the govt with another surprise, if its not bonus we can increase, we shall beat the system and rules that's not in place.Citi raised 50%, employees salary to off set the lower bonuses. Citi is also planning to award new stock options to employees to help ensure the employees continue to remain at the bank.
Citi then decides to give a portion of the $45billion taken from the Govt in loans, to be converted to common stock giving the govt only 34%, stake in the Citi Bank. Are they planning to return the balance of the money? They have already diluted their stock value by wanting to distribute stock options to its employees.
Is Mr.Kenneth Feinberg-"Special master", to overseas compensation packages awarded, ignoring any of this daring & fraudulent methods employed by Citi Bank?
We as Tax Payers are totally lost:
Mr.President, here's a solution:
What a memorable moment for any one of those Notre Dame graduates, Class of 2009. Their commencement address by the very President of the United States. For a moment I time traveled a couple of decades back, how I wish I would have had the privilege, of having you address in my graduation ceremony. Mr.President your mere presence is awe inspiring and in addition your eloquent speech is mind blowing. Those lucky Notre Dame graduates! Your intellectual speech, was so well balanced on the subject's of stem cell and esp on the subject of abortion, In a catholic institution, "lets not demonize those with just as strongly held convictions on the other side", what fine choice of words and thought process, both culminated beautifully in opening hearts and minds to fair minded thinking and fair treatment to people with firm principles and convictions, on these subjects.
Mr.President, congratulations on your honorary Law degree, one of Two, indeed! We shall keep tab.
Mr.President your prime-time news conference to the country, this evening, I would say was crisp& successful. especially when you said "persistence, in what ever you do", well we will stand behind you every step of the way. Mr.Obama said —"you look back four years from now, I think, hopefully, people will judge that body of work". Also liked the punch line, "This is a big ocean liner. It's not a speedboat. It doesn't turn around immediately. But we're in a better, better place because of the decisions that we made". True, we shall draw the course, to reach the destination of our choice, safely.
Obama showed 'flash of anger', Did Ed.(CNN) push it, Well AIG is in every ones mind. Paul Begala, I couldn't agree more, Lets give our President an iron clad 4yrs contract and not be evaluating him every week. So end of the 1st term, if he excels in his performance, grant him another term. Well if he does not meet expectations at the end of four years, well like Bush we give him another 4years any ways. After all we love him, he is so sincere and most of all knows his job.
44th President of United States of America! January 20th, 2009, we stand united witnessing this historic moment today. One dream has been realized and million others begin. President Obama, the world is looking for your leadership. We shall all join hands in unity, to be resurrected from this unprecedented economic turmoil. The next 4 will be better than the past 8, in optimism we move on.
CONGURATULATIONS! Mr. President.
Reverend Martin Luther king, Jr, prominent civil rights leader. He who gave his life in 1968, April 4th at the age of 39, sure didn't go in Vain. America's rhetoric speech "I have a dream", the foundation to the bridge of unity of blacks & whites had commenced, He spoke of a dream where both would coexist in this land of eternal dreams! Dr. King gave a powerful speech transforming the minds of thousands, many where made to ponder, motivated them and across America they were inspired. The dream was an awakening call for not only the people of the civil rights movement but the future & unborn generations.....the construction of the bridge is now complete. Dr. King had a Great Vision and his dream will be realized tomorrow....January 20th, 2009.
CONGRATULATIONS ! PRESIDENT OBAMA. History has been created. People of the United States of America have spoken. The land slide victory speaks for itself, what Americans are thinking and feeling. Your brilliant campaign and the people's true love for this country, to go in the right direction took this election to a complete win. While the democrats are also sweeping the senate floor, the air is already filled with celebratory mood. Today we celebrate the democrats win, however tomorrow we have a huge job ahead of us. We have miles and miles to go before we sleep. End of the day we needed you as our leader, now that you are elected by the people, we have to now fix this melting economy. Its a steep climb, difficult-yes!, but not impossible.Americans have hope and we are resilient, lets improve this economy and turn that colossal deficit around.
CONGRATULATIONS ! PRESIDENT OBAMA.
History has been created. People of the United States of America have spoken. The land slide victory speaks for itself, what Americans are thinking and feeling. Your brilliant campaign and the people's true love for this country, to go in the right direction took this election to a complete win. While the democrats are also sweeping the senate floor, the air is already filled with celebratory mood. Today we celebrate the democrats win, however tomorrow we have a huge job ahead of us. We have miles and miles to go before we sleep. End of the day we needed you as our leader, now that you are elected by the people, we have to now fix this melting economy. Its a steep climb, difficult-yes!, but not impossible.Americans have hope and we are resilient, lets improve this economy and turn that colossal deficit around.
We await Change, that America needs to see and feel. The intense general elections created such a stir, Obama created history unprecedented to any. Obama no time to rest, lets commence by re-boosting the economy, Retract from the war in Iraq, six years is proof enough, there is no "arms of mass destruction". Make health care affordable for the mass. Fix wall street, regulate banks and oil companies. Change is what we want and change we shall have. Thank you Obama!
Change is what we want and change we shall have. Thank you Obama! You bring it to us with a campaign you ran so spectacularly. You not only showed the republicans what a decent political campaign you can run and you made a difference right there even before entering the white house.The people of the United States of America deserve you to be their president. "America is on the move"!, We are tried of old politics, all talk and no action. Its time for you to save the drowned ship and its passengers. Its a tough road ahead, We are confident of your moves to make this economy recover, not an easy task but its possible.Tomorrow this time we shall be celebrating not just your victory but the victory of America's dream and more than everything the American peoples hope!God bless you and May God bless America!
Arnold Schwarzenegger, I have news for you! Obama does not need the kind of meat nor the muscle you are talking about in Ohio today, He has something very special which only weighs about 1300 gms -its called total "BRAIN", power- which McCain and you seem to lack badly. Funny, McCain should have you endorse him in Ohio, besides the actor you are, you terminated this state of California with a deficit of $10billion. I have two words for you "Total Recall".
How does Bush or McCain justify yet another Exxon Mobil's, wind fall profits of $14.8billion in one quarter, a historical high in any American corporate profits, it's announced at a time when the country has been driven to recession. Recession as a result of Sub Prime mortgage disaster and the Oil Companies, Double whammy! Inconceivable!
What is a conservative (advocating support of established institutions), doing talking about being a maverick? (non-conformist ) one can't be so contradicting. McCain- "You are a double talk express'.
