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Vote for change

October 6, 2012
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IBJ Letters To The Editor

The recession was not caused by George W. Bush. It was caused by liberal sub-prime mortgage practices at financial institutions, backed by government-sponsored Fannie Mae and Freddie Mac since 1993. The independent Federal Reserve System saved the banks, but in addition to foreclosures, millions of home values are now worth less than the mortgages owed.

Furthermore, in the past four years federal debt has been increased by $5 trillion to $16 trillion and the government is borrowing 40 percent of what it is spending. Operating with no budget agreed upon by Congress for three years, we face a “fiscal cliff” at year end. The Senate refuses to consider legislation passed by the House. Partisanship has replaced leadership.

The current administration has misspent stimulus funds, subsidized private industry bailouts and green energy failures. The first two years of Obama’s presidency with a Democratic House and Senate focused on social legislation with Obamacare and financial regulation that did not address the Fannie and Freddie problem. The Environmental Protection Agency has blocked domestic energy development, and the National Labor Relations Board has issued new rules favoring unions. The Bowles-Simpson commission and jobs council have been ignored.

The solutions are to let free enterprise produce growth, thus tax revenue, and encourage employment and capital investment, reduce regulation and uncertainty, cut excess government spending, reform the complicated tax code retaining today’s progressive “fair shares,” begin long-term fixes for Social Security and Medicare, replace Obamacare and Dodd-Frank, and vote for new management in our government Nov. 6.

The situation requires real leadership. Our nation is headed in the wrong direction with declining confidence, and toward European-style socialism and excessive public debt. It is also suffering from bloated government that interferes with individual freedom and economic growth.

Unfortunately, despite all the desirable characteristics of a democracy, one weakness is that leaders may be elected on attributes other than competence and the ability to manage on a large scale.

True leadership charts a path forward that the people involved agree to, listens to sound advisors and sets clear priorities, mediates conflict, follows up on implementation progress and modifies action plans when necessary. Decisions are timely, based on objective analysis and keep the broader goals in mind.

Effectiveness in leadership is enhanced by a reputation for honesty, ethical behavior, delegation of responsibilities, giving credit where due, actual managerial experience and a record of accomplishment.

The choice in the coming election is clear; we cannot continue to kick these important problems down the road.

--------------------

Robert Gossman,

Carmel

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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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