Obama - New Social Architect or Special Interest Stooge?

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Now that President Obama has his coveted health care reform in hand, albeit there is a ways to go before it can become a reality, and we have seen what he did with the banks, insurance companies, auto companies and mortgage companies, it is time to ask if he is truly a social architect intent on forming a new American social structure based on government ownership and/or control, or if he is simply a stooge for the powerful special interests who helped finance his campaigns.



With his detached attitude and unwillingness to get immersed in the mechanics of fighting for his own legislative agenda, it seems he may be the consummate compromiser yet his actions are leading us in a very specific direction. Since he first took office there has been an obvious pattern of first taking care of his special interest contributors which leaves his true intent in question.



Look at the record. Several of the first Executive Orders he issued as president greatly strengthened the unions and even gave them a degree of control and influence over construction projects and other activities that were contained in his economic stimulus program. No Democrat or Republican president before ever made such blatant concessions to the unions.



The auto bailout he engineered guaranteed the unions major control of General Motors and protected them from losing billions of dollars in unsecured losses from GM stock they owned while the bond holders from General Motors were left out in the cold.



He even delayed the provision in the health care reform bill to tax the most luxurious health insurance policies until 2018, long after he would be president. Under the contracts negotiated by the unions with auto makers these luxury policies were a major contributor to the very bankruptcy of the auto industry.



The most frequent visitor to the White House is Andy Stern, President of the SEIU, the service workers union who Stern claims spent more than $60 million to get Obama elected. So who is to benefit most from expanded health care, the service workers union of Stern who is trying to unionize the health care industry.



Then when Congress did not approve his Deficit Reduction Task Force he created it by Executive Order and then promptly appointed the same Andy Stern to the group. I find it rather odd that a union organizer qualifies as an expert in economics and knows how to reduce our federal debt when he has been benefitting from the very Obama initiatives that have resulted in an avalanche of new debt.



Of course Fannie Mae and Freddie Mac, the housing mortgage companies, were taken over by the Obama government although the media does not seem interested in talking about it. In this case Obama took care of Wall Street poster boy Goldman Sachs, another major Obama contributor and supporter, whose actions in selling the sub-prime mortgages helped destroy the housing market.

Did you know $217 billion have already been given by Obama to these two housing agencies to bail them out of their last mess?. Did you know Rahm Emanuel was on the Board of one of them and when he was with the Clinton administration they passed the federal commodity loopholes that allowed the deceptive investment practices that caused oil price spikes and brought down the world economy?



In fact his ties to Goldman Sachs are best illustrated by the fact he approved the AIG insurance bailout to protect a too big to fail company and $64 billion in government money went to Goldman and other banks who recouped 100% of their toxic holdings in the bankrupt company while the stock and bond holders got a fraction of their value.



Finally, though Obama promised he was considering taking on the powerful Trial Lawyers Association and was going to incorporate tort reform to reduce the multi-billion dollar cost of medical malpractice, it was left out of his final bill. It's not surprising since they were at the top of the list of special interest contributors to his campaign.



Social architect or special interest stooge, the jury is out but the actions seem to have taken a sharp left turn. Big government and multi-trillion dollar debt are the products of his efforts, a very left leaning legacy to date. Yet he may be the godfather of his own special interests and at the top of the list come Goldman Sachs (Wall Street), the Trial Lawyers and the unions, particularly SEIU. All stand to benefit greatly from his health care reform.



His unfinished agenda includes more social redirection as he says Immigration reform is next followed by Cap and Trade and other initiatives. Ironically, he and the Democrats controlling congress still are not even talking about the economy, unemployment, jobs and credit issues affecting Main Street, the very issues Main Street wants addressed.

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Our Nation at a Glance - Obama's Words versus Actions

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Well, we have had about three years of non-stop campaigning from the Washington establishment, ever since Nancy Pelosi and the Democrats took over the House in 2006, two years before Obama was even elected president.



In 2008 the Democrats completed their sweep into control of the White House, House and Senate in Washington and a huge margin of victory was achieved including a super majority in the Senate. We were told to believe that a super majority in the Senate means the minority party cannot stop the majority, yet we have heard nothing but whining from the president and Congress on how the Republicans are blocking progress.



I guess that makes me wonder why Obama, Pelosi and Reid along with all the Democratic campaign committees keep blaming the Republicans when nothing happens. According to the political pundits the Democrats had enough votes to silence the Republicans yet they let that power slip away. What really happened is the Democrats found themselves just as hard to get along with as the Republicans. This intra-party bickering has led to stagnation in Congress.

Now, in terms of getting things done Obama had a good run of luck at first getting the Bank Bailout, the Housing Bailout, the Auto (GM, Chrysler and Auto Workers) Industry Bailout, the AIG Insurance Bailout and of course his nearly trillion dollar economic stimulus all were approved. Have they worked?



Banks still aren't giving credit. The number of foreclosed homes have not been reduced. Lower interest loans for housing are still not available. GM remains marginal, Chrysler is still in trouble and the Auto Workers, well they lost their jobs but now own GM and will get their executive health care benefits. The AIG affair made Goldman Sachs about $13 billion and funneled about $64 billion into banks, some already receiving bailout money and others foreign owned. No one really knows what the Stimulus has done or even how much has been spent.



So in summary, he got a lot done right away but has it helped us or the bank executives? Has it saved small business or Wall Street? Are people able to keep their homes or still losing them? Are jobs being created as a result of the trillions of dollars already spent on bailouts and stimulus? Have new markets been created for green goods? Across the board the answer is no and that is the dichotomy of Obama's legislative record.



While claiming to do all these things to help Main Street Obama has almost exclusively helped Wall Street and labor unions and no one else. At the same time he has railed against lobbyists and special interests while hiring an army of lobbyists and coddling the special interests for campaign money.



The result is clear, Obama and the Democrats have become the favorite of Wall Street and the special interests as millions of dollars are pouring into the Democrats campaign funds. Whatever Obama and the Congress are doing, it sure has the backing of the big bucks on Wall Street, the recipients of the million dollar bonuses, and the free wheeling gamblers on Wall Street who consider your money their play money.



Okay, forget the things that got approved. Obama may no longer want to take credit for the series of big business bailouts, for saving executive bonuses, for keeping the credit market clogged up and for failing to get regulatory Reform through Congress. The unions did get a few bones tossed their way but when they compare it to the sharks on Wall Street they got little for their multi-million dollar investment in the Obama campaign.

Turn to pending legislation for a moment. Democrats got Card Check through the House and through a first round Senate vote, but it stalled. They waiting until Obama was elected and promised to champion the bill and the Senate had super majority that was achieved in the last election. In spite of these developments, the union bosses may want to get rid of secret union ballots in the workplace but the Senate still does not agree. I mean how could they, they are all elected by secret ballot. The bill remains stalled in the Democratic controlled Senate.



Obama's Cap and Trade bill to save us from energy dependence also passed the House, that Nancy has been busy fighting in the trenches for Obama, but it did not survive the scrutiny of reality and remains stalled, hopefully permanently. This was to be a dream come true for Al Gore, Goldman Sachs and all those who have figured out how to make a buck on the back of environmentalists. I mean how did Gore make over $100 million personally as the mouthpiece for the greening of America?



Let us see. Gore has a partner from Goldman Sachs handling his investment business to control which environmentally friendly companies will receive funding from the Greening of America, and of course Goldman stands ready to assist the Green economy by managing the carbon emission futures market which they already established. Does that mean Goldman will now control our oil futures and alternative futures markets? Not if the bill is dead on arrival which it seems to be once Congress discovered how they were being manipulated by the supposedly environmentalists on Wall Street, or is that really being controlled by Wall Street.

Wall Street regulatory reform has been stalled for over a year meaning the same things investment houses did to bend the rules and cheat the street on Wall Street remain available to them. If you don't believe Wall Street was the beneficiary of this inaction by Congress look what Goldman did to manipulate the near bankruptcy of Greece and other European nations for their own financial gain. Such predatory practices by those investing other people's money is criminal.

Obama also ran on a campaign calling for energy independence and promotion of alternative energy. That sounds good. But nothing has been done to achieve either promise. The Cap and Trade was flawed beyond repair and Obama has stubbornly refused to demand new production of our expansive oil, natural gas and coal reserves, reserves which could substantially lower our foreign energy demand. Drill baby drill Mr. President if you really want to be true to your word. If you don't drill, you are still protecting Goldman Sachs and their manipulation of the world oil futures.



Finally, health care reform, that giant puzzle that no one has seen, no one has evaluated, no one has been able to analyze and no one can guarantee that it will deliver any of the promises made. When we are considering a bill that impacts on 16% of our gross national product, we better know what the impact may be.

So don't tell me you are going to guarantee no one will lose insurance for pre-existing conditions, that 30-40 million more people are going to be insured, that there will be competition for insurance, that the cost of doctors and medicine will go down, that everyone with an existing plan will get to keep the benefits and pick their doctors, that no one's insurance premiums will increase, and that there will be no taxes on middle class America to pay for it when you can't deliver the goods.



You ask us to bet our futures as well as those of our children and grand children on your promises yet your own economic forecasters, your experts, have been wrong time after time on projections. If we believed your people America would still have 8% unemployment and millions of us would not be out of work. I'm afraid your inexperience at economics has already cost us too much. Let us just fix the things that can be fixed and then decide how we can expand health care, if it works on lowering insurance and health costs, to everyone.



So the pending stuff just doesn't look all that good. After our experience with what you got through, maybe that is a good thing. Maybe that is why the Senate has different rules, to protect us from empty promises. Maybe that is why you should listen to the people for a change and not suffer more losses like New Jersey, Virginia and Massachusetts. They could just be the tip of the iceberg.

So you just keep on promising bi-partisanship while stirring the fires of discontent. Keep on making exaggerated claims for the value of more promises on how we are going to get Wall Street and those nasty executives while acquiring an avalanche of campaign funds for the Democrats from those same bad guys and helping them get their million dollar bonuses. Keep on hiring those lobbyists you promised not to hire so special interests can control the national agenda.



Tomorrow we shall review the last two elements of Obama's first year in office, his foreign policy agenda and the forgotten agenda to help Main Street. I'm afraid the news isn't much better but at least we get to see the big picture of what we have realized in the post-election aftermath of the victory of the Chosen One and his impact on us Americans.

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Omaha Slaps Bank Tax on Public - To Be Paid by 2018 - Rakes in Millions from Banks in 2010

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Come on Mr. President, you demonstrate how hard you will be on the banks by slapping a $90 billion tax over the next 8 years yet squeeze them for hundreds of millions of dollars in campaign funds right now. What kind of math is that? Just how does the public benefit from your campaign coffers and those of all your cronies on capitol hill? And by the way, the real economic crooks were running hedge funds and derivative funds that were sold to those bad banks but you forgot to punish them. Is that fair?



Clearly the Obama gang thinks very little of the common sense of Americans. The same day Obama was raising $90 billion from the banks, assuming congress is stupid enough to pass it, Obama is guaranteeing the labor unions that their extravagant health insurance benefits would not be taxed until 2018 as a bribe to get their support for health care. Seems the union members have Cadillac health care like Congress and the fat cats on Wall Street.

So we go after the banks for a paltry sum compared to the damage they did to the economy, a few trillion dollars lost to the little people in America. And we exempt unions from being taxed for health benefits that we are already paying for through the auto bailout, the transfer of GM stock to the unions, and the stimulus to help car sales. Now aren't these the same health care benefits that broke the auto companies in the first place and plunged them into bankruptcy?



Sometimes I am in awe of the Harvard business school accounting of government expenditures and national debt that seems to emit from the Obama economic team. Their actions would at least seem sincere if they were not shaking down Wall Street and all of corporate America for millions of dollars in campaign contributions from the very special interests Obama was going to run out of Washington.

So far his effort to purge capitol hill of lobbyists has consisted of having them all move to the White House where they will be taken care of if they contribute to the Democratic campaign funds. I really like this election year. The Democrat Speaker of the House, Steny Hoyer, has already raised money from every major bank and pharmaceutical company on Wall Street including Goldman Sachs, JP Morgan Chase, CitiGroup, Bank of America, Morgan Stanley and a blue chip list of other Wall Street titans.

I wonder when the tsunami of Wall Street money flooding into Obama and the Democrats in congress becomes a conflict of interest? If Obama was being so hard on Wall Street why are they having record profits in the first place? If Obama was so hard on pharmaceutical lobbyists why are they pouring money into his campaigns? And if Obama was so hard on the health insurance providers why did their stock value skyrocket when the Obama Health Care bill passed the Senate?



The facts seem to contradict the words of our president in spite of his failure to see his own hypocrisy. Maybe he should consider that the people see through his hypocrisy as well. As his poll numbers fall through the floor and he drags Democratic candidate after Democratic candidate with him someone should tell him he is captain of a runaway train heading for a big wreck, not captain of the ship of state.

Slow down Mr. President, the time for a full court press is when you have a chance to win the game, not after it is hopelessly lost.

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Obama Completes New American Paradigm - Democrats Now Party of Big Banks, Big Pharma, Big Interests and Big Bucks

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Barack Obama ran on a platform of promising change and people have waited a year to see what kind of change he would deliver. The answer is finally in and the picture isn't easy to take for the lifelong members of the Democratic party. The Democrat party is no longer the people's party, the unique conglomeration of diverse partisans who had no other home for their cause.

Thanks to the new President from Harvard where money talks and money walks the Democrats have now become the political party of Wall Street, big banks, big pharma, big insurance and big money. Left in the debris of a once proud party of the people are the traditional Democrats from labor, teaching, minorities, Catholics and every other group that does not have extremely deep pockets.



How did our new president reverse the political landscape and take the Democrats from the populists to protectors of big money? Perhaps he spent too much time at Harvard researching the wealth of the Harvard endowment fund and the source of that wealth. Or maybe it was the dominating influence of his Chief of Staff Rahm Emanuel who set out a couple of decades ago to become the poster boy for protecting Wall Street. Or maybe it was the stark realization that in today's world of politics money is everything as long as the campaign rules are not changed.

Whatever, while his domestic and foreign policy agendas fell flat on their face and the public revolted against the big government, big spending, big deficits and big taxes he proposed in health care, energy, the environment, housing, and many other areas, he was slamming through a seemingly dumbfounded congress the foundation for his new paradigm. He got bank bailouts, insurance bailouts, auto bailouts, Wall Street bailouts, housing bailouts, secret deals with big pharma, all were meant to guarantee the survival of the money mongers regardless of the impact on the people.



As a result the people's candidate became the beneficiary of all those bad guys he promised to stop when he was still a candidate, a promise his record demonstrated was just another political lie from just another Washington politician. Suddenly an avalanche of big money flooded in to Obama and all those who agreed to be his puppets. In fact over $429 million has flowed into congressional campaign funds for the 2010 elections and it is only mid-January.



Where are the Obama windfall campaign funds going? Democrats dominated the big business fund raising marathon capturing seven of the top ten places in the House and eight of the top ten places in the Senate. House Democrat Majority Leader Steny Hoyer of Maryland led all House members for receiving special interest funding to such an astounding degree that every major bank receiving Obama bailout funds contributed to his 2010 campaign funds. Even Charles Rangel, Democrat of New York hit the top ten and he is under a long delayed investigation for cheating big time on his taxes.



Any Democrat who voted for health care reform would share in the hundreds of millions of dollars paid out by the pharmaceutical and insurance industries to support health care reform. Why, you might ask, would the drug and insurance industries be paying for something that the president said would hurt them? It will not hurt them.



It will assure the drug companies can maintain their billion dollar profits on their drugs by keeping out foreign competition. Lawyers and their billions in legal fees for malpractice cases against the medical community are protected. Waivers of anti-trust laws for insurance providers will remain. Current health care providers who already charge too much will find their profits swelling from the flood of uninsured whose insurance will be paid for by new taxes.



The result? Industries such as pharmaceutical, hospitals, nursing homes, health professionals and insurance companies are pouring money into Democratic campaigns at a far greater rate than Republican campaigns.

The same is true in the financial sector. The bad boys on Wall Street, in the banking, housing and investment fields are pouring money into Democrat campaigns at almost the same rate as they are paying billion dollar bonuses. For the first time Obama has made the Democrats the favorite recipient of cash from Wall Street, banks, securities, investment, real estate, lawyers and lobbyists fields.



Republicans used to be the party of choice for Wall Street and big business. Obama has changed that long established paradigm. Indeed he has brought about the institutional change he promised, but it was not in the areas of social programs or policy initiatives. No, the Obama agenda was always about controlling the flow of dollars into campaigns.



Of course this leads to a couple of important questions about our new president. Why is he the new protector of Wall Street and big business? And who told him to do it? Certainly there is nothing in his published background that would indicate he would become the most effective fund raiser from big business in history. Nor that he could parlay his relationship with big business into controlling the money hungry minions on capitol hill by filling their campaign coffers.



Goldman Sachs, the bad boys of Wall Street, may hold the key to Obama and his conversion from populism to capitalism, Rothschild style. In numerous articles I have warned of the strange interaction between Obama during his climb to the top of the mountain and how Goldman came out of nowhere to help push him along the way. The media in America never got interested in pursuing the truth about this any more than they got interested in pursuing the truth about the Obama years after Columbia when he travelled in unusual places while his Ivy League education loans got paid off.

With the paradigm achieved and the media now learning this is not the president they were promised or expected, maybe now they will look into the background and find the truth. However, the public, especially the Democrats and Independents, know something is terribly wrong with the promise of Obama compared to the results.



Now that he or Emanuel are the new King Midas of the Democratic party and are dividing their efforts between raising money from big business to scolding big business, from financing congressional campaigns to protecting the people paying the money, maybe the traditional Democrats who have lost their party will lead a new effort to find the truth about Obama and his strange policy shifts.

Watch the flood of last minute money into the Massachusetts Senate race for Ted Kennedy's seat and look at where the money comes from and the truth will be obvious. Obama and his minions will pump into the campaign money from the very people they claim are the cause of our problems in the first place. How did they get their hands so deep into the pockets of big business? What was promised in return? Can we, all Americans, really afford the new Obama paradigm?

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Obama the Wizard of Washington - A Master Illusionist

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Since Obama just came to the realization that while he pursues the agenda of Wall Street payoffs, of international adulation, and of institutional socialism, the people of America now know he is totally out of touch with Main Street. A year after being elected he finally realized that jobs, the economy and the deficit are the people's priorities if not his.

This week he made a feeble effort to show his concern for the economy but before the week had ended he showed his true colors when was off to Oslo to pick up the Nobel Peace Prize then off to Copenhagen to commit America to global warming initiatives designed more to pad liberal pockets than benefit the people.

Obama is the first person in history to win the Peace Prize the same time he was ordering a massive expansion in the War in Afghanistan. This is the same president who consistently blasted former President Bush for the war in Iraq, then Obama declared Iraq stabilized and withdrew American troops from the front lines. This week over 131 people were killed in five bombings within the supposedly secure Bagdad capitol.

Since the Obama troop withdraw from populated areas ordered by Obama on June 30 the Iraqi people have been faced with a bloodbath. In the entire war 94,500 Iraqi citizens have been killed, over 1243 in Bagdad alone this year. The US military has suffered about 4,367 total deaths in Iraq. As of this writing there are still about 124,000 troops in Iraq.



That it a precursor of the illusion being proffered by the Obama gang to bury the truth in a fog making it impossible to know what is really being done. When it comes to the economy and jobs, the truth is far more limited and self-serving than one might expect of the president of all the people.

Several types of people seem to dominate the Obama White House and work for the Chicago gang. There are the academic intellectuals, the social activists, the special interests and the Wall Street protectors. In terms of experience and understanding of the economy, those that do understand it have an agenda far removed from the public interest. The activists and special interests, on the other hand, seem only concerned with expanding their base, power and control of resources at the expense of everyone else.

Take for example his team of economic advisors. They have several decades of experience manipulating the American economy and regulation of the economy to benefit the banks and bank executives, using the environmental "green" advocates not because of the benefits to humanity but because they represent the most lucrative market for return on investment, the labor unions who have already benefitted from multiple Obama executive orders to force labor wages on all government work at the federal and state levels, and the socialists who often hate the very institution (US government) paying their inflated salaries.

No small businessmen, people with experience creating jobs in the public and private sector, nor people who believe we are spending ourselves into a cycle of self-destruction are part of the Obama team. They would be a roadblock to the socialist agenda of the Obama gang.



Yesterday Obama said he would take a couple of hundred billion dollars not being used in the TARP program and spend it on his new jobs initiatives. At the same time he pledged to attack the problem of reducing the spiraling deficit.

Okay, the TARP money is all deficit financed. If he takes the money paid back by the banks and applies it to the deficit that is nice. If he takes the money not spent yet and uses it to finance the feeble jobs program that is not saving money, it is still adding to the deficit.



The economic logic of the White House seems very similar to the logic of the Nobel Peace Prize committee in awarding Obama's huge troop build up in Afghanistan with the Peace prize. It is the Wizard at work with his illusionist routine but it might as well be Alice in Wonderland where nothing is as it seems.

Here is some basic logic that does work. First, infrastructure projects can only create temporary jobs and even then the labor cost of infrastructure projects is generally a very small percent of the total cost. Since Obama already signed executive orders that will increase the labor costs significantly to union wage levels when many projects were going to be non-union, even fewer jobs can be created. These projects never meet timetables because of the permit process, the public bidding process, extensive environmental regulations and other requirements.

Green jobs are also nonsense as there is not yet a market for the often over-priced green products and services. Obama must be too young to remember the oil crises in the 1970's and 1980's, back when he was a community organizer, self-avowed pot smoker and before he graduated from Harvard in 1991. If he was paying attention he would know oil prices spiraled, gas shortages were prevalent, and "green" technology was supposed to lead us out of the dark.



Alternative fuel, solar heating and cooling and energy conservation were all seen as saviors from the global crisis. We are now 20-30 years later and they still have not saved us from anything. The only element of a rapidly expanding green industry at this time that would be a direct benefit to people would be energy conservation, which was the most successful initiative back in the oil crisis days. However, it was paid for by the utilities, not the federal government.

Also back in the Reagan days there were excess profit taxes, price controls and other legislative actions that saved billions of dollars in consumer costs. The money recovered from oil company overcharges went directly to the states who faced the same budget deficits then they face today. Again, the federal government was not the source of the money but the source of the action that generated the money.



Why doesn't Obama suggest excess profit taxes on Wall Street? How about oil price controls? How about prosecuting some corporate offenders for misuse of our financial system? Billions of dollars in fines should be paid by the white collar crooks for the economic catastrophe they caused.

When evaluating jobs program options one must decide if they are to be temporary or permanent. So far the Obama stimulus program jobs being created are costing over $500,000 each. We would be better off paying the entire cost of a college education for anyone in their last two years of undergraduate and graduate programs in fields leading to professional employment.

I say wait until the last two years so they have demonstrated a commitment to getting the education. Besides, we would be keeping college age people, 20-26, out of the labor force freeing up jobs to reduce the unemployment rolls while lowering the cost of unemployment benefits. At the same time we would be helping the cash strapped colleges and universities while upgrading the quality of the future labor pool in America so we can compete with the Chinese and Indians of the world.

Fields of math, engineering and medical would all be preparing our future labor pool for competition or meeting top priorities such as the need for health industry professionals. If health care were expanded to all Americans tomorrow there are not enough health care people to meet the huge increase in demand. We would be well advised to help train doctors, nurses and specialists for the upcoming surge in health care enrollment.

As for the "green" jobs, I already mentioned the energy conservation (weatherization) was already a huge success through the utility companies. Let the existing utilities generate the jobs where possible and finance the program from utility companies. That way the people benefiting from the program pay for it. Until alternative energy options are viable and thoroughly tested, we need a combination program of conventional and alternative energy.



Natural gas is cleaner than coal and oil heating systems. Oil and coal plants can be much more efficient with reduced carbon emissions so we should adopt the energy independence initiative and drill for domestic, Canadian and Mexican (the North American Independence Initiative) oil and gas reserves that will significantly reduce our foreign oil dependence. I believe a production tax on new oil and gas reserves should be used to finance the completion of alternative energy technologies and the testing and production engineering necessary to make them a viable long term source of energy.

Likewise, a couple of cents per gallon tax on gasoline could be used to finance fleets of electric cars for the government which would help with development of new battery technologies, help auto companies to offset the development costs of these vehicles, and hopefully help reduce the cost of true alternative energy cars to affordable prices which they are not achieving now.



So far none of my proposals costs the federal government anything. However, there are some costs that must be incurred. Infrastructure projects, which Congress and the President like, probably because they reward the labor unions more than anyone, need to have some parameters.

For example, projects that are labor intensive (where more than 50% of the cost is labor) would be given first funding priority. Second priority would be given to projects with 25-50% labor costs. Major infrastructure projects should be funded through a multi-billion dollar government bond program thus avoiding adding to the deficit. Right now the banks are not loaning money nor helping the consumer. Require the banks receiving money from the Federal Reserve or other sources to contribute a significant part of their money to the bond program since they will not loan to small business or people.

As for the private sector, a multi-tiered program should be launched. Small businesses prepared to add to their employment base (perhaps businesses up to 2500 employees) would be given a substantial tax credit for three years for every new employee hired as long as the position is retained during the three years.



Anyone wanting to establish or expand manufacturing capacity in America would be given free use of surplus government facilities, i.e. military bases, airports, warehouses, etc. for as long as they remain in business and retain the jobs. A loan fund at minimum interest would be made available to them to make improvements to the facilities with the facility serving as the collateral for the loans. In addition they would be eligible for tax credits for new positions created for the facility.

A substantial effort will be made to find private companies to produce government developed materials for commercial use. This public-private partnership has been attempted in the past but was dominated by the engineering and research fields when marketing and production engineering resources were needed to make it successful. There are hundreds if not thousands of products developed by the military, NASA, the intelligence agencies and other government bodies that are no longer classified but would be of great value in the marketplace. Companies offering the full range of resource staff would be given preferred treatment.



America once dominated the world in terms of manufacturing and product innovation and there is no reason it cannot do this again. Two things are necessary to move us in the right direction. Innovative companies are hampered by the lack of capital but small business loans should alleviate that problem. The tremendous increase in the cost of testing and patent work has become a barrier to innovation for small businesses.

The Small Business Administration should develop the necessary resources to offer free product testing and patent work to anyone attempting to develop and market innovative ideas in America. This will offset two of the greatest barriers to innovation by small business and individuals and SBA will be in a position to finance the product implementation once the testing and patent work is complete.

These are just the ideas of one person on how to address the jobs needs of America without bankrupting the nation in the process. Ideas such as these also protect us from committing billions of dollars that will not generate meaningful numbers of jobs and will not contribute significantly to the deficit. Okay President Obama, you said you would listen to ideas from anyone on how to create more jobs. Are you really listening?