Economics - 101 - Issues of our day.

Life, liberty and the pursuit of happiness.

I was surprised to see that California is going to dramatically increase the cost of public education.

I am continuously surprised at the waste of our smartest and best educated. Many of them only trade money. Their abilities could be so much better utilized.

Personal finances, health care and physical well-being should be: 1. A personal desire and interest. 2. Available to everyone. 3. A matter of personal education, preparation and effort. 4. Cost efficient to all. 5. Protected from personal and corporate greed?

When I hear Sean Hannity say that we should save more; I agree, but then I say to myself; Where should I put that savings? If I put it into gold it helps no one. If I put it into savings in the bank, with the bank's current level of protectionism, in today's environment, there is little help in boosting the economy. If I put it in the stock or bond markets, I am subject to the fear and greed of macro economics.

Granted, with the low interest rates, the economy will probably recover, and I should be investing carefully into stocks, bonds and real estate. But I quiver at the current administration's lack of vision for public monies. They have had a golden opportunity to really provide life, liberty and the pursuit of happiness to all Americans, by competing directly with corporate fear and greed, and yet they are now backing off that position and stumbling back into a position of passivity. Where are the guts to really make a difference in our economic climate?

What are the values that will really make us great? And help us overcome the weaknesses that are still afflicting our economy, and which may saddle generations with onerous debts and burdens?

1. Realize that no one will be in a more concerned position to deal with and manage our own health care and finances, than each individual.
a. Do not turn this over to insurance companies, health care providers or the government.

2. Government needs to provide a balance between the excesses of fear and greed generated by capitalism.
a. This can be done with taxes, debts and competition.

3. Virtue and righteousness will conquer all of our economic ills.
a. We can produce more than we need.