Originally Posted by Guest

In my opinion both of the posts above are select opinions, however I disagree with both.
I myself am not ready to surrender to politics as usual is the only way to conduct business.

It is no different than going in to turn around any company that is losing money with no improvement in results for far too long.

Bring in a hard nosed rescue individual or companyand the first thing they do is put in charge one of their own.......as CEO or President or what ever the top position controlling the business entity.

Parallel analysis will be done of all the "executives" as well as the balance sheet and the income statement.


There is usually no improvement until such time as the dead wood or those who are not capable or those who are in the wrong jobs or those who are executives because they are one of the good old boys or a relative or some other you owe me position.

These people will need to be removed and replaced with known competent folks who are dedicated business performers prepared to do what it takes to define the ills that are generating the losses.

Then there are plans defined who does what when and how much. The usual first causes after the executive team has been replaced is to stop hemhoraging.......remove or stop what ever it is that is causing the excess expenses. At the same time the usual problem on the balance sheet is cash. Lack of it....no controls of it.....put inplace extreme control of cash expenditures.

There is a lot more but the bleeding....use of cash....too high expenses....spending more than the revenues will support....etc....etc....etc.

These same simple to do but difficult to implement elements will work to fix any entity....even the government.

It starts with getting rid of the incapable executivand put in replacements that do not know why things have to stay the way they are........elect the right person.....definitely should not be a politician.

Cut the spending that does not directly affect the essential expenses to run and protect the country and care for we the people.

One very good example? The Susan B. Anthony dollar coins. A completely unsuccessful program that just did not work. So the circulation was discontinued. Billions of dollars of these coins put in storeage costing millions of dollars to do so. AND because there was a 10 or more contract issued, they continued to mint the coin to honor the contract. They ran out of warehouse space and millions more had to be spent to create more warehouse space.

Non of which makes sense. But the politis rule. Obviously the mints are in some congress members states.....they aren't going to shut it down....get rid of the work force....get rid of the storeage costs.....upset the people who work there....the special interest and lobbyists who will raise holy hell about their interests......and on and on hence nothing gets done to stop the bleeding!

Profit and loss statements and balance sheets and what makes them tick is no mystery to the right, RESPONSIBLE, people.

Just like fixing a troubeled company there has to be changes made....people will lose jobs.....spending will have to stop......a zero based budget to bring spending in line with revenues.....no more spending beyond the revenue stream.

Yes it can be done in Washington.
No it cannot be done by the incumbents.
No it will not get done as long as people like the two posts above think the rules of profit and loss either do not or cannot apply to the government. It is just not true.

ONLY the right people who know how to do it can make it happen. They are not currently in office.

For those who do not have an intimate and I do mean intimate understanding how income statements and balance sheets work.....they will not know what needs to be done either. And NONE including the incumbents will do the painful fixes required.

And we the people are conditioneto the incapable, incompetentance in Washington.