Monday, November 24, 2008
Obama - it's the economy stupid!
Pres. Elect. Obama just doesn't get it. You cannot ffisix fixthe economy by fixing the
infrastructure! It did not work to end the Great Depression than and it won't work now.
The Primary definition/meaning of ECONOMY IS: 1.a. the wealth of a community: esp. in terms of production and services.
The previous statement implies some form of TRADE: "trade"involves three things: A Seller, aProduct and a Buyer!
Government can fix the infrastructure, by it is not a product of trade, it cannot be
readily sold or even bought on the open markets, not in this country or the countries of
the World. Like Taxes, they belong to the Tax payers. It is not a product of trade.
Commerce: 1. Financial transaction, esp., the buying and selling of merchandise on a large
scale. In --the economy is based on goods and service which are called commodties.
Commodity 1. an article or raw material that can be bought and sold.
Infrastructure: 1. a Basie structural foundation of a society or enterprise.
it has value but not retail value--cannot be bought and, in general, on the open market.
It is not a product meant for chimerical exchange/intercourse.
After The Clinton Administration, you should have come to know this by know!
"Character is not formed by association? Tell that to Bonney and Clyde or even to Butch Cassidy
and the Sundance kid. You are know by the Company you keep."
The Messenger
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