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My Account > > Personal Information > > JPerry1980
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All about JPerry1980 |
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Dec 18, 2008 |
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Knoxville, Tennessee, U.S.A. | | Last visit: |
20-Nov-2009 |
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| My Occupation: |
Private Financial Servicing Industry, Prose Poet |
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Always Seeking Something More |
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J.P. |
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"Evil is powerless if the good are unafraid." -- Ronald Wilson Reagan |
| Biography: |
Other than spending a year in Atlanta in 2007, born raised and proudly living in the foothills of Knoxville, TN. -- only an hour's drive from the Great Smokey Mountains National Park. I love eastern Tennessee like nowhere else. I work in finance, enjoy poetry and literature, and love beer and try to avoid crazy women (while I do dig the semi-crazy women). |
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| JPerry1980's recent Blog entry. | Reagan Revolution to Romney Revolution ( 1114 reads) | Thursday, September 24, 2009 (02:59:34) | | | It is a sad state of affairs that our wonderful nation is within when both sides of the political tango are arguing over the issues with little positive actions being done. America has not had a great president to lead us in our darkest hours since great Dutch, Ronald Wilson Reagan, left from office in 1989.
When I consider the passion and commitment of Reagan to America, it fills me with both great pride as well as sadness. The pride comes from knowing that a true gentleman of the highest caliber, in Reagan's tireless fighting for America, was able to take us in our darkest of hours, one of the worst recessions in history with economic turmoil and foreign policies of failed detente and appeasement to Soviet Russia, into the beginnings of a "Shining City on a Hill". The Reagan Revolution as it was called, a moment in our history whereas a nation we realized that government was not the solution but the very problem that led us into the issues confronting us in those frightening moments in history. And now, we are confronted again with an unprecedented threat of economic collapse, stagflation, and a tremendous bruised nature in foreign lands for failing to live up to our responsibilities as the world's only superpower.
The sadness comes from seeing the great strides achieved during the Reagan Revolution be trampled on by current administration tactics and policy-making. During and after the Great Depression, policies were put into place to properly regulate the banking system to ensure that economic turmoil could never see the likes of 1929 return again. Over the last twenty years, these restrictions were lifted, one after the other, to ensure that low-income individuals who did not have the credit or collateral to secure homes that they could not afford could thus purchase homes for which they could not possibly pay. We saw the increase of "adjustable-rate mortgages" and foreclosures skyrocket.
This was a failure not primarily on private industries and banks, but a failure on the part of government in not properly adhering to safeguards put into place in ensuring that those who should not be purchasing homes were moving into them. Bad debt can only trade hands so many times, billions in assets on a piece of paper does not amount to the ink on the paper when the bank-calls are issued and the funding is just not there. The bubble was bound to burst, and passing greater federal pressure on banks for failing to allow people making $20K a year moving into $300K houses certainly helped ensure that eventually this collapse would come into fruition. Banks that were wise in attempting to fight against making bad-loans were labeled as "racist" "against the working man" and "elitist". Wise leaders in the banking industry were augmented for younger upstarts willing to do whatever necessary, and promoted under a lax atmosphere, to add more and more to the fire with putting virtually anyone into a house with, in some cases, absolutely $0 down.
Instead of government allowing seasoned captains of private industry to make the proper calls and follow wise procedures, the government grew like a Goliath into winning votes, and electoral votes, on asinine assets that did not truly exist in allowing people to live outside of their means for far too many years. Why worry about cash when you have plenty of credit to cover it?
The government, now bloated and more inefficient than ever, was quick to point their fingers at: "Those evil corporations!" after the bubble burst when it was the government in the first place that promoted the birth of the housing bubble. Instead of placing the blame where it so accurately belongs, the government has now spent trillions of our individual dollars, and our children's dollars, in becoming even bigger. Yes, the glorious government comes riding in to save the day, as propagandists would have you believe. This same government, mind you, that has bankrupted Social Security, failed miserably with the US Postal Service, and is now attempting to promote a healthcare plan that will ensure increased taxing and penalties for all Americans for not wanting to have insurance regulated and imposed by the same government that has led us into the great mess of a nearly 9% unemployment rate.
The American public education system is also an absolute failure beyond reasoning. We should have the brightest and most educated people in the world, instead we are nowhere in comparison to countries throughout the world that have much better education systems. If the Department of Education was a private industry, it would have gone the way of insolvency years ago. And now the current administration is doing all they can to keep parents from trying to give a better education to their children by pushing against charter school programs and private industry. Don't even get me started on higher education... the Direct Loans program does not compare in the least to the Federal Family Education Loan Program (FFELP) in allowing over 35,000 Americans jobs to help ensure that college students are given an education. And now the government, with 9% unemployment rate, wants to impose taxpayer funding for greater subsidies through expanding the failed Direct Loans program at the cost of jobs (including potentially mine) and no longer giving student's the right of choice in choosing the lender they wish to work with as an American by eliminating the FFELP program. Here is one person that will not sit by without fighting with every inch of myself against the greater growth of government and destruction of American principles of industry.
Our country has been led by leaders over the last 20 years who have bankrupted us and our children, with both Bush and Obama. Bush failed to live up to the potential invested in him and if he had properly followed the advice and leadership of some within his team a great deal of the mess that we are currently within may not be here. As far as the economic collapse, well, that was already in the making long before he ever took the presidency -- a fire raging. And now we are under the poorest leadership our country has seen since the Carter administration in the hands of Obama who wants to grow the government into even greater heights by abolishing the very fabric of what makes America the amazing country that she is today. With the fight against private industry that is working so hard to pull us from the mess that government led us into, we are only going further into the fray of greater collapse and turmoil. Reagan once aptly stated that government was not the solution, it was the problem. Indeed, it's a sad day when the current administration attempts to turn the needle around.
The more I look into the next few years, the more I turn into hoping for a potential Romney Revolution to help lead us from this increasing mess. We need strong leadership in our country again, we need moral and strong leaders who epitomize what makes America the great nation that she has become through private industry and leadership. There is no government that can achieve what can be achieved by the hard-work and dedication of private industry in the hands of capable leaders willing to work hard for their success and the overall success of our nation through their hard-work. I look to 2010 and the election that year, I look to a hopeful turning of our nation back into capable hands and out of this drudgery. Let us hope that all Americans, young and old, have learned their lesson that idealism and realism must go together within the hands of men and women willing to work hard for both personal and national success. From a Reagan Revolution that laid the framework, let us all hope for a Romney Revolution or another beginning to kick the government from their tax-imposing on the leased blurry city on a hill and let us retake our country to bring light back, let us truly live up to our nature as Americans and look to a rebirth of our nation as a "Shining City on a Hill" that we should be.
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Re: Poet Page
(Score: 1 )
by maryanns on Tuesday, August 18, 2009 (22:28:34) |
Tee-hee, Jason... I love your new avatar. Tall dark stranger, the mysterious author of sublime southern tales .... How about a piece on Bogey and Bacall? Or is that just too far back...
Take care and have fun my friend. Mary Ann
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Re: Poet Page
(Score: 1 )
by JPerry1980 on Friday, August 21, 2009 (14:01:07) |
Ah, Mary Ann. Bogey and Bacall, Rogers and Astaire, Sid and Nancy, the great couples of our world. I've had some interesting ideas for some poetry running through my mind recently, a few humorous pieces and a few that are only funny if you have a warped mind like me. Thanks for stopping by, you are always welcome here, my dear friend. -- j.
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