Tuesday, May 15, 2007

Quick Thoughts on Today's Politics

I read today that the approval rating for our current congress is at 29%, according to Gallup.

I won't make this into a partisan issue about Republicans versus Democrats because before the Dems took control of the Congress people weren't happy with what was going on either. That is, in part, why the Democrats were able to take control again at the mid-term elections.

What this tells me is that there are systemic breakdowns in the government and problems are not getting solved. People inherently know when a group of people is really good at blowing sunshine and when a group of people is good at solving problems.

When I listen to Zach and Hannah argue about some issues it's becomes apparent really quickly whether they're trying to resolve and issue or if they're just arguing for argument's sake.

*****

Speaking of government:

Our Governator recently proposed the new budget plan for California that has many analysts excited. Under his plan California will pay down debt (14 years ahead of schedule,) bolster our reserves, and properly fund educational institution. The details of which can be found HERE.

The part that I'm most intrigued by is the selling of California's "EdFund" institution, which currently handles California's higher-education school loans. Reportedly, this sale could generate $1 billion in revenue and increase efficiency. This is something that should be done for many governmental institutions. As a fiscal conservative, I believe that the free market has is its own best government. If your product sucks, you will go out of business. Currently, EdFund is a privately owned non-profit organization. But selling it to a good capitalist banker/loan-type guru will do wonders for its organization, efficiency, and profitability, I'm sure.

Another good thing our Governator has done recently was when he said, "I've never got [sic] any request. But I have many more important things to think about," when addressing whether or not he'd pardon Paris Hilton from her 45-day jail sentence for breaking parole.

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