Willy also signed the NAFTA agreement so there wouldn't be any tariff on imported goods. Of course the manufacturers then ran straight to the low wage countries to have their goods manufactured. To be fair Old Man Bush Sr. also was in favor of NAFTA.
NAFTA took away the blue and white collar jobs and those previous risky loans turned into a real disaster when the borrowers didn' t have even a low paying job to float their boat. There is plenty of blame to go around in Washington and to those lobbyists. Those ignorant, puffy old shirts in Wahington that set their own wages, health care, retirement, and work standards all have to be removed and sent packing without a golden parachute.
Lobbying and law firms will certainly try to capitalize on any new bailout laws, forming special task forces designed to create one-stop shopping for companies with issues and concerns about the financial crisis. So it creates a totally new entity that can be manipulated and used for personal gain. It will get worse as these opprotunities are exploited.
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Today's Featured Article - The Revival of a John Deere Combine - by The Red, John Fritz. For several years I had been driving by a farm house on the west side of Indianapolis that had a John Deere combine parked in high weeds in a lot behind the house. The gentleman no longer farmed because the entire area was developed with housing and light industry. I had stopped several times and knocked on the door but no one would answer. My curiosity was up and I wanted to contact the owner. I wanted to see what he planned to do with the combine.
... [Read Article]
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