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Posts Tagged ‘president’

I’m blogging this as I watch it.

Very nice to mix up the audience.  Changing seats changes dynamics.  Some might clap when they wouldn’t.  Others might not yell when they did last time.

“Sets our nation apart” is a tired concept.  From who?  From what?  being different doesn’t matter.  are we better?   better how?

Challenges that are decades in the making…  now that’s a concept!

Globalization… oh, wow.   folks who are now just recognizing this need to catch up!

Rules have been changed in the middle of the game… YES people.  that’s how it is.  There is no ruleset that stays the same… goodness.

Education… MATH BABY.   yeah, how many times have I heard “I don’t do math” in this country. A lot.  Learn it.  you need it.

Discourage vs. Challenge…. bingo.

Founded for the sake of an idea.  hmmm… don’t just memorize equations… what do you think of the world….  how many people watching this REALLY understand this???

Why outbuild the world?  Why?   what about doing it because it’s cool and a great strategy… we don’t need to “win the future”

Nation of Google and Facebook… oy!   that is a stretch…

I wanna see all this talk turn into action.  Sputnik moment?   R and D?   You need more than government to invest.   I just don’t see this generation of people doing R and D.  It’s a generation lacking imagination.   Facebook was not imagination.  it was a Hot or Not picture rating service.   And how has it REALLY changed things like the invention of the internet, the car, the plane, the lightbulb.  Maybe I’m romanticizing these inventions.

nearly half of jobs will require education that goes beyond high school!  yikes!

(was having a side conversation… so missed a lines)

Love focus on EDUCATION.    that’s what I care about.

goodness… border stuff.  get over it people.  yer forebears all jumped the fence.  get over it.

This is definitely a centrist speech.

I do like the Simplify Tax Code.

why promote only American jobs?  I just don’t get that.

concerns about health care law?  ya think!

Does he have this memorized!?

deficit… boring.

safe-havens.   nuclear weapons.  all this is big talk.   we’re not shaping a world that favors peace.  that makes no sense with the above sentiments about “make america the best”…. puhlease.   we defend our turf.  just own up to it.

Overall dynamic was much much better.  Far less “you lie” and standing Os.

only an hour.

good.

i’m kinda bored to be honest.

but that’s ok.

 

yer take?

 

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Reproduced with permission from a private e-mail from Mahesh Johari

Some quick commentary only today.  The stimulus bill that just passed the House contains a “Buy American” clause, which forces materials purchased using funds from the stimulus package to come from American manufacturers.

Intuitively, this sounds both logical and appealing.  If we’re spending our taxpayer dollars, obviously we want those dollars to be spread throughout our economy.  It makes no sense to pass an economic stimulus package that sends our money to China.  So why not mandate that?

Unfortunately it’s not that simple.  The “Buy American” clause has great political appeal but will do nothing but defer job losses and prolong the overall process of adjustment that we are experiencing.

Here’s why: Let’s imagine (for example) a steel manufacturer in the U.S.  The manufacturer is unable to compete globally because their cost structure is too high.  They are facing the prospect of downsizing, of shuttering excess capacity, of laying off workers.  But wait! Here comes the stimulus package to save the day!

Now this uncompetitive sloth of a firm has a new lifeline.  They can sell their overpriced product to the stimulus package.  They can delay downsizing, cost cuts, and layoffs.  So as long as the stimulus package is around, they can keep being inefficient.  Meanwhile their international competitors are becoming ever more efficient, adjusting themselves to true market conditions.  The competitors are getting better.

When the stimulus package expires, the firm will be right back where it began: uncompetitive and burdened with an unsustainable cost structure.  Then what?  Of course the layoffs will come, the downsizing, etc.  Everything that should have happened will happen, just a year or two later.  The part of the stimulus used to overpay for those American materials will essentially have been used for zero long term benefit.  The overall economic adjustment process will be prolonged.

This type of waste why we have to be very careful when it comes to government spending.  Government spending packages tend to waste a lot of money.  Resources that are wasted produce no long term economic benefit.

So what should we do?  We don’t want companies to willy-nilly send our stimulus dollars to China.  Well, at least not when they can get the same stuff in the United States.

As long as we are creating websites and transparency, let’s go all the way!    We could require any purchases of commodity materials from international vendors to be subject to a domestic competitive bid first.  For example, if Caterpillar feels their most economical source for steel is based in Australia, let’s require them to accept competitive bids from American firms BEFORE they are allowed to place the order to the Australian firm.  If we keep the process open and transparent, it will bring the best American firms out to compete at peak efficiency – a very desirable outcome.

We have to be very careful here.  Subsidizing inefficiency is not the path to prosperity.

Related Blog/News Posts (add by Russ not email author, just for further reading):

CNN on Limbaugh and Obama Package

Perfect Storm?

Retailers on the Ropes

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When the inauguration is over will the work really begin?

It is a strange thing to me that while we sink trillions of taxpayer dollars into bailouts and rail against AIG (and others) for spending frivolously, we then throw one of the biggest inaugurations ever.  Who pays for that?

What about the loss of productivity today?  at least 3 hours of corporate time for each person… what about the government work not getting done?

I’m obviously not the first to note this.  And, no, I did not agree with the expense when GWB spent a similar amount last go around.

Let’s celebrate modestly and get on with the real work.

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So now we’re going to have a month of debate about Rick Warren and what he stands for.

Warren has been described as the next Billy Graham, an evangelical leader with a moderate reputation and mass-market appeal — although instead of massive open-air rallies and an out-sized television presence, Warren focused on forging partnerships with unlikely allies working to protect the environment and fight AIDS.

As a pioneer of the mega-church movement, Warren looked to translate traditional evangelical messages for a wider audience. He penned “The Purpose-Driven Life,” a spiritually based self-help guide that brought mainstream best-seller status to a muted religious message.

Who cares?

This is the wrong debate.

Why is there even a religion invocation at the presidential inauguration?

Why did we have a debate at a mega church?

Why do we vote in churches?

America sure does argue a lot about mice nuts and not enough about the bigger concepts.

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  • 37,000 participants on Facebook during the live debates last night.
  • live polling
  • live blogging
  • email direct to campaign advisors
  • immediate reactions
  • raw videos from the event
  • videos from the location

The debates were lively and alive.  Interactive and immersive.  Ok, ok, so some of the political banter during the debate itself was the same ol’ schtick but this time we get to tell these campaign managers what we need NOW.

Pretty amazing that we, the people, received 4 hours of coverage with all the candidates and had accessible and usable interactive tools to discuss.

The YouTube – CNN debate format was exceptionally cool too.  Imagine if Facebook and YouTube joined up to bring the audience, media tools, and interactive experiences all together.  Man, what a tool for democratic discussion!

Perhaps there’s a downside to this… the American Public.  The online / social network crowd is NOT representative of the American public.  Facebook and YouTube are not the tools of most people in the country.  It’s going to get easier and cheaper for campaigns and media outlets to use the online tools to reach people and they may leave out the non-tech-savvy crowd for sometime.

There has to be some way to bring the interactivity to the masses.

Can YouTube and Facebook use their considerable creativity and investments to “get local” and “get offline” to reach people?  These tools are bigger than online advertising vehicles.  They are platforms for national discussion, for democracy and for transparency.  As such, they need to grow into their bigger roles (heck, the consumers and media companies demand it!).

If you haven’t looked at the YouTube archives, MySpace Impact site, Facebook US Politics application nor many of the GREAT online politics sites… you need to do it.  Really, you do.  If you value your vote, your rights in this country, and the strength of the democracy.

Here are some book marks for you:

New Hampshire Primary Channel on YouTube 

Citizine Tube – YouTube Politics Vlog 

YouChoose 08 

Facebook US Politics Application

Impact on MySpace 

Politics Sites linked from Google… 

For fun, but actually a great Futures Market tool… Fantasy Congress 

~Russ

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