MESSAGE TO STATE AND FEDERAL POLITICIANS - GET TO WORK!

July 6, 2009

An old friend of L. Ike's just stopped by to visit. Seems the former diplomat is a bit disturbed over current events in Washington. He said, "Ike, you know it's simpler than everyone makes it". He proceeds to say that it would be very easy to get a message to the politicians - "cut off the money!". "You know, they can't throw us all in jail", he "joked". "Nothing else is going to get their attention".

The old fellow talks to a lot of pretty connected individuals around the country. According to our friend, not too many people are happy about the prospect of giving the State and Federal governments nearly half of their income via taxes to fund a "business as usual" agenda in Washington and their State capitals. Citizens want waste and pet projects stopped. No more blatant support of illegal aliens, close our borders until we can get a handle on our economy. And the next bank that tries to get additional taxpayer money had better think twice about it. And, if people have a choice of where to live, do not settle in a State with a State income and sales tax. That is unless you want another 20-25% of your income to be taken and used by the State politicians for nothing more than mainly fattening their own wallets.

Most people don't realize that for a small percentage of what the Federal government has already thrown away, they could have saved the homes of those who deserved it. We're absolutely not in favor of saving the homes of those who elected to take advantage of "no doc" loan programs, when they and the lenders knew full well they couldn't afford the obligation. This is another wonderful idea we can thank ol' Barney Frank, Nancy Pelosi, Maxine Waters and the rest of their cabal for instituting in a successful effort to increase their voter base. But many deserving families have had their future destroyed while Washington politicians give them lip service at best.

Every foreclosure should have been and should furthermore be reviewed by a truly independent concern. If the homeowner can provide proof of income sufficient to pay a realistic fixed-rate mortgage based on the new significantly lower property value, they should be allowed to stay in their home. So what if the Federal government might have to help the homeowner by paying back property taxes or whatever. It's a small price in comparison and it would do more to rescue the economy than anything attempted to date.

This would/could have cost a minuscule amount of taxpayer money compared to the wholesale giveaway of tax money that the banks, insurance and automobile companies have received. Those concerns have received and continue to receive obscene amounts of taxpayer money from Washington politicians for one main purpose: to ensure their buddies on Wall Street could continue to live like kings by not interrupting the flow of huge amounts of money paid to executives who basically destroyed their companies while being rewarded for doing so. Ike wishes he had learned this secret to success when he was younger. He always thought that you had to do something significantly positive that added value to your company in order to be considered for a "bonus".

Politicians, stay at home and do the job you were elected to do - I know it would be a radical approach, but give it a try! Voters are getting fed up with your feeble attempts to represent them. You'll no longer be able to fool your constituents because people like our fearless publisher won't let it happen - you'll be gone!

If the politicians don't quickly get the message, our old friend's recommendation would at least sure make things interesting!