The Run Away Train that is our Government in America

Our governments at the Local, State and Fedaral levels have certainly lost their way.

An interesting article in 2009 was the article titled Earning, Saving and Giving: Have We Lost Our Way? by Ken Washer, DBA, CFA Associate Professor of Finance at Creighton University.

Further, the Wall Street Journal on Saturday, January 2, 2010 published an article The States and the Stimulus. The story points out how a supposed boon has become a fiscal burden for states. The State of Iowa is certainly a part of that mess, when in 2007-2009 the majority party in both houses, the Democrats, and Governor Chet Culver rode the supposed boon.

Local articles on the local concerns in the State of Iowa ...

12 questions that will shape Siouxland - Sioux City Journal
Facing a likely reduction in funding from the state, district officials will have to get creative. Last year, federal stimulus funds came to the rescue. ...
More budget woes ahead - TheReporter.com - Judy Lin
The stimulus funding and temporary taxes will begin to end at the end of 2010, leaving less revenue for the second half of the fiscal year that will begin ...

The challenges in Sioux City will not be much different for communities like Cedar Rapids and others throughout the State of Iowa. The second article is about the State of California and while the State of Iowa doesn't face the same woes as California, we face the same problem as Wall Street Journal article pointed out.

Unlike Nebraska and the promises given to Senator Ben Nelson (D-NE), how will the State of Iowa fare in Health Care Reform? As a 100% rural state, whether we want to admit it or not, Cedar Rapids by Federal Standards is rural, and would be urban, if over 500,000 people. The impact in the past on Federal programs, including Flood Recovery, has been challenging for rural states.

An article worth a look was supplied by a friend this weekend. It's on Heath Care Reform ...

“VIP” Treatment Under Nationalized Health Care - Hot Air (blog)

Really, the discussion in Washington D.C. is really a topic of National Heath Care Insurance Reform. Is it really Health Care Reform that will push toward encouraging and implementing programs to make all Americans healthier ... nope!

Health care reform – one physician's view - San Diego Union Tribune - Eileen Natuzzi
When the Senate voted for the third time to pass what it calls “sweeping health care reform,” the media splashed it out. ...

Mines dot health bills: Public option among concerns for business - Crain's Detroit Business - Jay Greene
Health care and business leaders in Southeast Michigan have mixed reactions to a 2700-page health care reform bill approved Christmas Eve by ...

"The nonpartisan Congressional Budget Office has said the $871 billion cost of the bill would reduce the future federal budget deficits by $132 billion between 2010 and 2019." Of course, look at government's expectations in the past with Medicare when it was unveiled and the costs that came about. Further, look at our State Budgets today, when everything was a supposed boon, but it turned about to be a bust.

Prudence is needed today more than ever ...

peace