The "ho-hum" clarification

Good day everyone! My last post title included the phrase; "ho-hum"...intended to be very deliberate sarcasm. This, because I felt that more than two "citizens", (as opposed to the many elected officials of the city and many union elected officials who spoke), should have exhibited enough concern to speak out against the present, flawed government proposal. Not so. Two "citizen" people of the (500) in attendance spoke. If such apathy persists we will certainly lose the post offices and downtown distribution center.

Do you feel that moving the distribution center to Detroit is wise? Should north Toledoens have to travel to the "part-time" Erie, Michigan post office to post mail? If not, please speak up. We only have until January 13 to post a letter to the following address with your valued thoughts on this important issue. Please write to:

Consumer and Industry Contact Manager

US Postal Service Norther Ohio District

2400 Orange Avenue,-Room 25

Cleveland, Ohio 44101-9631

Please give me a call if you desire a copy of my letter sent on the 5th. 

 

 

Toledo Losing Postal Service...ho-hum!

Last week was the first major opportunity for the Toledo population to comment of the recent Postal Service demand to reduce facilities nationwide.The USPS plans to close Toledo's Distribution Center along with the Point Place, Manhattan and other post offices. That means that the nearest post office for north Toledo residents will be Erie, Michigan!

The Blade estimated that out of a population of 300,000...only 500 showed up for the 7:00 p.m meetin and many of those were postal union employees! There was but a single speaker that represented all ordinary citizens. This is a very sad testimment to the strident apathy that has envaded our American culture.

Congresswoman Marcy Kaptor spoke eloquently at the meeting and suggested that we are losing our liberty as a country. She begged those in attendance to run for political office. She is spot-on in her tlhinking and her comments. 

It is time for all Americans to take note of the freedoms we have already lost and to work to protect those that we still cherish. Please contact me if you wish a free copy of our www.AllCan.org "Talking Points" that list many critical issues that need to be corrected to improve our living standards and promote progress in America.

I have been invited to interview on these, and other topics, this Sunday, January 8, 2012 on WTOL Channel 11 with Jerry Anderson. Please join us if you can.

We wish you all the best in the New Year! 

Bob 

 

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WHO IS TO BLAME?

A September 14th. article in Investors Business Daily illuminated the fact that poverty in America is at a 17 year high with 46.2 Americans  ranked as "poor" last year...the most ever in 52 years.

One in five, (22%), of children lived in poverty last year and real median income per household dropped to $49,445 from $50,599.

Employer health care shriveled by 1.5 million participants as 1.8 million were ADDED to the government insurance roles while the number of uninsured swelled to 49.9 million; up from 49 million.

Since 2007 America has lost 8.8 million jobs.The Congressional Budget Office has declared that the latest legislative request for $457 billion more for "jobs stimulus" will result in unemployment stagnating at "close to 9%", rather than the present 9.1%,  through 2012.

Ultimately, we voters are to blame.

Who do you know that can help us re-launch www.AllCan.org with the grass roots educationl program supporting improved government? While this bipartisan program can help, we have a long way to go. Please take a look at the site and let me know if you wish to help straighten out our mess from the ground up. Thanks for your consideration.

 

Another $6 billion weight on our fragile economy...

Hurricane Irene's devastation has resulted in over thirty deaths and will add another estimated $6 billion in debt to our already fragile economy. Insurance companies have been burdened with the housing crisis that resulted in thousands of vacant homes being vandalized, several forest fires and major flooding.

When do the locusts arrive?

Will Our Democracy be Corrupted?

You may recall that on January 21, 2010 the Supreme Court decided that corporations and labor unions could directly and expressly advocate for, or agains, political candidates for federal office. That, in addition to the 34,000+ lobbyists in D.C. ! 

Could corporation and labor union money corrupt our democracy?

Does the ruling minimize our individual freedom to vote?

How might that help "kick the can down the road" re our S&P rating for the new "Super Committee"?

Go figure...

Keynes vs. Adam Smith

As you will recall, it was British economist John Maynard Keynes who, in his "General Theory" writing of 1935, advocated strong government intervention in the economy. And, where has that led us?

Adam Smith, reputed to be the world's "first economist" back in the 1700's, advocated free markets...and less governement intervention. Perhaps Adam was correct! Where might that lead us?

Chairman Bernanke's August 9th. Comment is Confusing

The Fed chair stated that the FOMC will hold interest rates at zero through 2013. The free market however, will likely see greater price inflation due to the Fed's massive increases in money supply. Studies looking back to 1913 reveal that interest rates tend to track inflation.

That said, even if the Fed holds rates low, it is hard to understand how interest rates throughout our economy can remain low going forward. The FOMC Jackson Hole, Wyoming meeting later this month may shed more light on the strategy. Stay tuned.