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An Open Letter to All Americans
by joeylowe | January 31, 2009 at 08:52 am
259 views | 16 Recommendations | 14 comments
Dear Citizen,
My name is unimportant because I am sure that I am but one of many Americans who are similarly situated. But in the interest of establishing a dialogue, I am called Joe. I am 47 years of age and I consider myself fortunate to live in the greatest country in the world. I have been gainfully employed since I was fourteen years of age, collecting golf balls on a driving range for twenty-five cents for every bag of 500 balls I collected.
In my time I have served faithfully in the military for two terms. I have worked in county and state government. And I have worked in the private sector. I have been married twice and I have three children. I put myself through a University, many times working two jobs while attending school full time. I have also owned two homes and three businesses. I have made mistakes along the way, some costly, some not so much.
So I come to you today with what I believe to be a qualified opinion on the state of our economy and to offer a unique perspective from a common American citizen who has worked hard my entire life on how to fix this problem once and for all.
We are intelligent. We have at our disposal the greatest workforce, the most in depth intelligence and probably the greatest think tank ever known to mankind. We are knowledgeable about current events. We watch, we see, we understand and we form opinions.
Why then is the economy in such disarray? Did the media create this situation? Was it really greed on the part of a few? Was it the lack of basic understanding of economics and how to apply that understanding? I think those questions will best be answered by historians who look back on these troublesome times and evaluate our response.
No, I want to stand before you as a citizen first, one American to another, with the intent of sharing my opinion and with the hope that I may shed a different light on what every American already knows. Please don’t take offense at what I’m about to share. Instead, examine what I say for what it’s worth for what I’m about to suggest is sometimes best left to the privacy of closed doors in the late night hour.
As an American, I am completely dismayed, upset and disgruntled that our leadership has led us down this path. We are now a generation of the entitled. My fellow Americans believe that we deserve more than anyone else. We are upset that each day brings about new controversy, new deceit and the revelation of new truths; the inevitable truth that our way of life is in jeopardy. We are frustrated because our leadership hasn’t appeared to know how to fix our problems.
We silently grimace while sitting at the dining table as CNN announces the latest round of layoffs, fraud and crisis. We are for the most part either unemployed or about to be unemployed. Our homes are in danger of being foreclosed, our automobiles repossessed and our bank accounts depleted or frozen. We do listen though and what we hear is unimaginable. And, it gives us pause to wonder what the future will bring. Will our way of life survive? Will we become homeless? Who will lead the way and in what way will we be led? These are the questions that need answering.
I am an educated citizen but not a scholar. My degree is in business with an apprenticeship in the school of hard knocks. My experiences as a U. S. Marine taught me the importance of the strategy of preeminence by summing up the American ideology in one simple phrase; “Lead, follow or get the hell out of the way!” With this in mind, I humbly offer the following advice.
In order to salvage our way of life, consider not what got us into this mess. Never mind those that brought us here. There will be time enough to deal with them on the backend. Instead, adopt a strategy that is compelling and actionable. Preeminence begins with the notion that I may not always be right, but I am committed and I am adaptable.
If I am required to labor in the fields so that my family will survive, then so be it. If I must work long hours, I can. Enough with the rhetoric about my personal work ethic. I clearly stated that I know what must be done to fix our economy. I have prepared a list in no particular order and as I pass this letter to you, I am sure that you will add your own observations to our list. Eventually, I hope this list will make it to our leaders. When it does, don’t dismiss it as another letter from someone who doesn’t understand the big picture. Instead take a moment and read, because we are the big picture and we do understand.
Respectfully submitted,
Joe
How to Fix the Economy
A step-by-step compelling and actionable plan
- Never put a fox in charge of the hen house!
When these failed institutions deemed to large to fail came to Capital Hill with their hats in their extended hands, a primary condition for getting our money should have been new management. Not throwing good money after bad.
Bring our manufacturing plants home.
As for back as we can record, the relocation of manufacturing operations to places of cheaper labor and resources has never worked. The concept of colonizing to create cheaper products and new markets doesn’t work because eventually the colony’s needs exceed the available capacity. It failed in ancient times and it failed today.
Scrap the mortgage and banking crisis and start over.
The only way to recover from this fiasco is to throw away the old and start anew. If that means that banks fail, so be it. If that means that insurance giants shut down, well, that was the risk they accepted when they tried to peddle worthless assets.
Revise the way credit is monitored and administered.
The single largest factor deterring Americans from getting back to work is their credit report. I’m not sure what jokester thought it would be a good thing to computerize a credit history and record into perpetuity one’s past sins, but the current system doesn’t work, even with the safeguards built in.
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Most RecentMost Recommended Comments (14)
at 09:17 on January 31st, 2009
Interesting and sound perspective may be a rude awakening to many.
at 09:46 on January 31st, 2009
Interesting views and opinions about the at-large American public. The Wall Street greed is stunningly real and were it not for the media scrutiny, the billions of bonuses would have gone unnoticed by the public. The bail-out is the taxpayers' dollars, regardless of political persuasion and personal belief about capitalism, therefore those companies that accepted the monies must be held accountable for every single cent they're spending. It is called an audit. Undoubtedly, there are defenders of these companies because these people are projecting their own sense of entitlement.
at 09:08 on February 2nd, 2009
Hi there Pythiian1,
I know several Wall Street brokers personally and for the most part, they are like everyone else. Because they deal with money everyday, that is where their mindset is at. Their product is the dollar or the yen or the pound or some other currency. So unlike the rest of us who concentrate on why our widget is better than the rest, the Wall Street widget is the dollar.
But (there's always a butt), whenever a company borrows money, they have to answer to someone else. In this case, they have to answer to the American taxpayer and I completely agree with that. Other than an audit, what control would you add to the "list" that would give more assurance to the taxpayer?
My fear is that our economy will pan out to be the greatest Ponzi Scheme of all. What do you think?
at 12:35 on January 31st, 2009
Your first big mistake is to believe America and Americans are some sort of unique thing, and that they are the 'best' in the world. As can be seen from reality, America and Americans are not the best in the world; not even close. The US has degenerated into a cesspit of crime, greed, amorality, disorder, chaos and seething, just-under-the-surface violence. Creating a list of three things, or five, or even ten, won't go anywhere unless you address the underlying morass. It's like taking the best car in the world, filling it with the best gas, and then getting a crackhead to drive it. The result will not be pretty. Sadly, I think the US has become too big, too crass, and too complex to be salvaged in its current form. It can only go down.
at 09:01 on February 2nd, 2009
Hi Iffy,
I appreciate your candor. Why would it be a mistake to believe that America is preeminent? If we can't move forward with assured confidence, why bother to fight the fight? Moral decadence is certainly a problem in every society and all the religion, laws, jails and punishment in the universe can't prevent or stop that. Call it the ten percent rule if you wish. (i.e., roughly ten percent of anything is worthless).
With that said, if the ten percent rule is accurate, then shouldn't the majority prevail? I don't believe for a minute that the US is destined to fail. Instead it will morph or change because afterall, that is what we have to do. Lists are not the end all answer, but without a plan of any source, then we can't reach our goals.
What are your thoughts on addressing the cesspit? Thanks for your comment, because I sincerely want to know.
at 10:34 on February 2nd, 2009
Re : what part of your article appealed to me, it might help if
you glanced at my profile and go from there. I am an Indian
by birth and moved permanently to the USA as an immigrant in '76.
Although we originated from different parts of the world, I believe
we are now older and somewhat wiser as to how the rapid changes in
our world are affecting all our lives, regardless of financial, social or
marital status. Short of hitting a huge jackpot this is life today for
the unfortunate, older, frustrated, ignored and overlooked such as
ourselves.
Homeless as a child for over a year, raised in a foster home,
I never married nor do I have any offspring that I am aware of.
So I cannot even begin to fathom the level of stress you have undergone.
As a single person trying to survive on my wits and a B.A. in English
Litt., alone I have faced many struggles to survive. Now, as I go through
my final year of being in the Fifties' age group, (will be 60 next year)
what dreams have I left to build on ? I don't have Medical, Dental or any
other insurance besides the basic auto insurance mandated by Texas law.
Watch and wait and hope is something I've done for many decades and now,
after being shunned from many places because I'm old, not 'qualified enough'
and not Bi-lingual, I have to be thankful that I at least have a job TODAY.
Already our workhours have been slashed and so I work 70 hours weekly.
That gets me an apartment, uitilities, food, laundry, gas for my car, phone
and hi-speed internet. Hooray, and I really mean it, because I am ever aware
of the plight of those who have no roof over their heads and wonder where
their next meal is coming from.
So Joey, I have no strategy to offer, as I realized after evacuating during
Hurricane Ike (which is another story in itself). All I have is Faith. Faith in
today because I woke up breathing normally and got to reply to you.
Sorry. Hang in there, you never what tomorrow brings !
at 11:46 on February 2nd, 2009
Stumbled upon this from CNN.com, seems to be a regular eye-grabber
nowadays :
(CNN) -- As Walter Thomas knows, it's hard to look for a job when your stomach is rumbling.
The 52-year-old from Washington, D.C., started skipping meals in early January when his savings account was running dry and his kitchen cabinets were almost empty.
Thomas at first didn't want to turn to the United States' food safety net, the food stamp program, for help.
But after being laid off in July from what seemed like a steady job in sales at a furniture store, Thomas swallowed his pride and applied for the monthly food aid.
"It lets me think, 'OK, well, tomorrow I'll be able to eat. If nothing else, I'll be able to eat,' " he said.
With the national economy in meltdown, more Americans than ever are relying on the federal aid program to keep from going hungry. In October, more than one in 10 people -- about 31 million -- were using the food stamp program to get by, according to the U.S. Department of Agriculture....
at 12:14 on February 2nd, 2009
Hey Fred,
Good luck to you sir! Being a student of history, I found some interesting parallels in your comment to that of other first generation immigrants. Gives new credence that what was once old is new again. What part of Texas do you hail from? I am located in East Texas.
The comment about Walter Thomas is a great indicator of what lies ahead. I have family in Alabama that have worked at the same plant for the past 20 years. This past Friday they were laid off with no notice. This morning they filed for unemployment and were told there was a 60 day waiting period. When asked why, they were given two answers. First, there isn't enough money to go around and two, they don't want to encourage people to not seek employment.
Thinking this was a fluke, I checked my notes about a friend who was laid off from a company in Md. right before Thanksgiving. I called him and he confirmed that even in Md., he has yet to receive his first unemployment check. His 4 brothers have combined their resources and moved their families into one home so that they can get by.
For some parts of the world this would be the norm. After all in many parts of the world, families include multigenerations in the same household. It is fast becoming a stark reality for many Americans too.
Roy, I agree completely with the mass exodus from cities to the suburbs and the subsequent consequences that resulted from that exodus. As I mentioned above, historically speaking there have always been only two solutions out of this economic mire.
I get a chuckle when I hear about excess capacity or surpluses. Why?
at 12:58 on February 2nd, 2009
I'm from Friendswood, TX which is a suburb of Houston, half-hour away.
Before Texas, I lived in North Bergen, New Jersey for 20 years, and worked in
Manhattan, NY for many years.
at 12:19 on February 2nd, 2009
Would it help popularize this article if we were to add a graphic or image?
at 13:09 on February 2nd, 2009
Yes, a picture is worth a thousand words, remember ?
at 14:21 on February 2nd, 2009
Great! Well help me out. I haven't got a clue about what to post.
at 18:09 on February 6th, 2009
Dang Roy,
There's not much else I can add to this except a resounding agreement especially concerning the area of self sufficiency. I read an interesting article this past week about the pending crisis facing us should the economy go belly up.
Specifically, most urbanites would starve to death before a national response could be garnered. For instance, the city of Los Angeles only has 3 supermarkets for every half million residents. Granted, there are plenty of corner markets and whatnot, but the assumption would be that those stores would evaporate almost overnight in the event of a major economic event. The comparison was made between markets and fast food establishments. In comparison, there is 1 fast food restaurant for every 100 residents in the same area. Since most fast food establishments depend on just-in-time inventory, it only takes one aspect the food chain to fail and citywide starvation could become a stark reality.
Reverberating your contention that most people aren't capable of coping with this, I would shutter to think of the consequences. I recently read a book on bartering and it make a lot of sense!
at 08:39 on February 10th, 2009
Nice graph! Sums up what I was trying to say. Thanks for pitching in.