By David Dorman, TSB Columnist
It was recently reported that the Federal Government, in 2011, gave out $439 million in bonuses to a select group of Federal employees.
Now let’s understand this. I don’t have a problem with individuals getting a bonus for exceptional work, but to give out almost a half a billion dollars which you’re going to have to borrow to pay these bonuses, even though they may be deserved, makes no sense what so ever. I hear people stating that companies in the private sector give out bonuses for exceptional work. That’s very true. But I’ve never heard of a private company borrowing money to pay those bonuses. It just shows you how out of control government spending has become.
Let’s take the General Motors (GM) bailout. (Or, as some people are calling it, Government Motors.) The Obama administration claims that the bailout was to save American jobs. What a farce. I don’t think the American people realize that seven out of 10 General Motors automobiles are produced in foreign countries. In fact, there is a video on YouTube of General Motors’ CEO Dan Akerson claiming that seven out of 10 of their automobiles are produced outside the US. Click here to watch as it will tell the story.
The question for President Obama is, how much of the Federal Government’s bailout money (your and my tax dollars) went to China to support its operations? So I say, if we bailed out GM, and seven out of 10 automobiles that they produce are made outside the US, how many American jobs did we actually save? And based upon Mr. Akerson’s comments, how long will those jobs last before all production of GM is done off shore? Well, it’s pretty obvious that GM is in business with the Communist Government of China. So much for American free enterprise and capitalism, for as it looks to me, President Obama and his team are moving us straight into socialism.
It is the opinion of this writer that there should never be another attorney, or another career politician ever elected to either Congress or the Senate, on Federal or State level. Only those individuals with successful business backgrounds should be elected to these offices, and with term limits. Our government, both Federal and State, has encumbered us with so much bureaucracy that the meaning of individual freedom appears to be something of the past.
I urge all citizens to really consider where this country is heading in the future. For as I see it, if we’re not informed, not engaged in the election process, then we all deserve the Government we get. It is up to each individual to inform him or herself, and to get out there and vote.
Quote of the day:
Our constitution professedly rests upon the good sense and attachment of the people. This basis, weak as it may appear, has not yet been found to fail.
– John Quincy Adams, our Sixth President
David Dorman is a TSB editorial columnist. He served as Mayor of Melissa until 2009, beginning public service there in 1999 after being elected to the city council. Dorman worked many years in the business world prior to public service. He contributes to numerous charitable entities and continues continues to invest in children by offering his time and finances to further the goals of Collin County Children’s Advocacy Center, Children’s Medical Center of Dallas. He currently serves on the board of Court Appointed Special Advocates of Collin County.