Saturday, April 11, 2009

Obama-Auto plants

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News in Brief Published on 11/04/2009
Readers' Letters and Opinionsletters@dailystar.com.lb

Obama clearly sees that the American system has failed in some ways, and has fallen far short of where it should be in others, and he wants to shake things up and change things.
Yet he has not fully realized how difficult it is to change the course in which the US is going, and how time-consuming it will be.
Obama is no exception. He knows the Lord, although he does not place a high priority on his relationship with Him. It's not that he considers it unimportant; it's just that he considers politics one thing and his religious life quite another, and he is often more motivated by practical considerations and influenced by his counselors than he is by the Lord.
They tell themselves many things in many situations to justify their little compromises or deals, and after a while, compromising becomes a habit, what they consider a necessary evil.
He also governs a nation that is reaping what it has sown for many years. It oppressed other nations economically, robbing the poor to care for the rich, and now its own economic system is in deep trouble. It built its finances like a house of cards, and those cards are now collapsing. It bought and consumed and chased after wealth, making mammon and greed its gods, and now its gods have failed it. It has overextended itself financially and militarily, and now finds itself in trouble in many areas, and disliked in many countries.
Obama comes into office bearing more, because America must reap what it has sown. The nation that has sown poverty, injustice and destruction abroad will taste the same at home.

Ted Rudow III, MA
Menlo Park, United States
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April
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2009



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Auto plants
Editor,


“It all evokes too many memories of the Great Depression, and the long lines of job seekers in front of the auto plants in the 1930s. It’s quite a contrast with the gentle treatment of Wall Street.” — Helen Thomas.


Somebody was saying in the paper the other day that it’s usually about a 50- to 60-year cycle between major crashes. The Crash of ’29 followed one that was in 1869. This is almost 80 years! They called it a panic then, whereas they try to give it nice-sounding names nowadays. You notice most of them didn’t call it a crash, they didn’t call it a panic, they just called it a drop. Well, the nice thing about it is, if it follows the pattern of ’29, the prices should go down with the incomes. People are out of work, so they have very little income. Prices drop so far that even when the income drops you can still afford to live. Gold has immediately shot up. Now the next thing to crash is the banks! The federal government didn’t allow the banks to reopen until they could prove they were solvent. And of course hundreds of them never reopened at all, because they were bankrupted.


Ted Rudow III,MA

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