We are in trouble. The .COM "Bubble" only served as a temporary "solution" to a greater national problem. We have no real "engine" to our economy anymore.
Yep.
I've noticed as fewer and fewer engineers graduate in this country, the more and more this has become the reality.
And we aren't even allowing foreigners who study at our schools to stay here anymore, especially not engineers.
We're shooting ourselves in our own foot.
After the .COM boom we switched from stocks to real estate.
Now we've switched from real estate to commodities.
Commodities are the final straw, it's what we consume.
We rely on other countries for our basic goods.
It's worse than that.
We've let foreign nations not merely steal our IP, but they are forging our own labellings.
Underwriter Laboratories (UL) found that over 20% of electrical products with their certification at Dollar General were forged.
The US government has not done anything to stop this, and lawsuits are limited in scope to the importers.
Ironic but the organizations with the most lobbying power seem to be the MPAA and RIAA when it comes to complaining about theft of IP.
They are the ones least harmed overseas ironically, and it's the real engineering organizations that seem to be getting ripped bad.
My sense is we're looking at a Bio-tech/Pharma "Boom"...Big Corporate interests seem to want us to "believe" in a "pill" to cure us. If not this pill, than the next one we hear about in commercials.
I've long complained about how Pharmacutical companies are far too under-regulated.
But that seems to be the problem -- the right is into preserving our (actually non-) free enterprise non-sense and the left loves to see it only get worse as people will demand social healthcare, bloating government even more.
In the middle are American Libertarian-Capitalists like myself that just want existing laws on regulation enforced on this industry, and removal of the government non-sense that has been built around it.
To my astonishment, McCain actually surprised me this past week, as he did what I have wanted for a long time.
Give a pre-tax benefit if you buy your own health insurance and take away the pre-tax benefit from employers.
Now the government
rewards you for self-reliance and more non-profit organizations offering group coverage will spring up as a result.
I already belong to one, but it is a professional one that only other degreed electrical engineers qualify for.
I have a post-tax, "penalized by the government" group plan that I can never be dropped from.
Is Globalization working for America at this point? We know it's working for the Euros and for South America and, in some cases (not all) for 3rd World countries.
Even as a Libertarian-Capitalist I was against NAFTA because it was a
special interest bill that Ross Perot tried to tell people about.
Al Gore went on national TV and
lied his ass off and Ross Perot was called "mean" for trying to call Gore on his lies.
I warned people what it would do, causing not only American businesses to close shop and move there, but allowing foreign interests (like the Chinese) to manufacturer there as well, selling to the US.
We don't have a single, unified vision of our nation.
Well, that's not a bad thing actually.
The problem isn't lack of unity, the problem is lack of
accountability.
It's not just the corporations, but individuals who don't take responsibility for themselves.
Yes, there were lack of ethics at times, but if
people are dumb enough to take a loan they cannot afford, I blame those people themselves!
I got so sick of people crossing me saying, "oh, there's nothing wrong with interest-free loans and subprime loans."
I was so in the minority, often to the point that people though I'm wrong.
I'm so, so, so sick of being right in-the-end -- really sick of it.
We can't be 50 states doing our own thing...we have to be "One nation."
No, I totally disagree.
Our strength comes from our diversity, and the individual right and choice to assemble.
Nationalization does
not do anything but breed uniformity and lack of individuality.
Unless, of course, you mean the problem is people being individually selfish.
If that's the case, I utterly agree with you.
We have to choose to work together, but we should choose to work together.
If we believed in a single, national identity, we might begin to turn our country around...
I think you're confusing extensive diversity with radical multi-culturalism.
I'm not against diversity and mixtures of cultures, but radical multi-culturalism that teaches us that the "melting pot" concept is "bad" is wrong.
I agree with you if you meant you were against radical multi-culturalism.
can one president really make a difference anymore?:dunno:
Nope.
It's the individual American that has disappointed as of late.
Especially in the whole real estate non-sense, where everyone wants to blame everyone else.
If you were
too stupid to
do the math and got a loan you couldn't afford --
yeah, the unethical people involved were "wrong" and they "got away with it" --
but you were still too stupid to see it.
In fact, a lot corporations -- including investment banks -- underwriting this stuff were definitely not involved with that stupidity.
It was the system they relied on that failed them as well -- individual professionals that were not doing their job.
In any case, both corporate and individual responsibility are the biggest things lack in this world -- equally.
I don't have any pity for over half of the people who are in these loans, they should have
done the fucking math.
