Thursday, October 23, 2008

About our Economy

Each day I read a variety of blogs, news websites, and read the local paper. Every now and then I discover something said so eloquently concerning our current dismal situation, that it bears repeating.

While reading the Huffinton Post today I made myself read an article by ex-Senator Fritz Hollings. The only thing I remember about this guy is that when he spoke I immediately thought of the cartoon character "Foghorn Leghorn". "Son, I say son, I am not a chicken" or something to that effect.

Anyway......... Turns out old Fritz knew a thing or three about keeping manufacturing jobs in the US; something the rest of our corporations and public officials have proven themselves to be sadly defecient at. (yea, I know about ending in a prepostion, but I'm just too damb lazy this morning to turn the sentence around)

Here's a quote from Sir James Goldsmith when he testified before the commerce committee in 1994.

"It must surely be a mistake to adopt an economic policy which makes you rich if you eliminate your national workforce and transfer your production abroad, and which bankrupts you if you continue to employ your own people."

Funny how that sounds today, 14 years later, isn't it?



Dr.John said...

Ending a sentence with a preposition is something up with which I will not put. You can do better.
Lots of people knew but they didn't care because they were getting rich.

Richard said...

dr john: seems a long way to go to get there sometimes, doesn't it.

I am abandoning grammar in favor of convenience.

And yea lots of folks got paid during the preceding two decades, but the most money was made in the last 8 years.

As the church lady would say: "How Convenient"


Raven said...

Great quote. I think this crisis is a gift in ugly wrapping paper... it will help Obama gain the presidency and free us from the stranglehold of the evil trickle-down oil baron types... if we survive it.

Richard said...

raven: let's just hope Obama wins.
that's the first step to coming back toward the center.


and common sense