Peace Journal

Did any of you see this at HuffPo: http://www.huffingtonpost.com/2010/08/26/ceos-anti-obama_n_695405.html#s131475 At the Aspen Institute, big corporate CEO’s were slamming the President and variously comparing him and the Government to Hitler, Mussolini, Marxism, socialism, etc. So, I’m thinking, how would you describe what they’re doing in simple terms?

Basically, here are the captains of industry and leaders of the free world economy (who make literally millions each year personally) griping, moaning, and complaining about the Government’s failure to create jobs.

I heard a news story the other day about the mosque issue (should one be built in New York, Tennessee, etc.) and a guy was saying something like “Christianity is all about love and turning the other cheek, and Islam calls on Muslims to kill the infidels.” Well, the latter part of what he’s saying is true. I have not read the Koran, but in his book The End of Faith, Sam Harris says there’s no choice ultimately for Muslims if they actually want to live by the Koran; they must believe that everyone who’s not a believer in the Islamic god Allah should be killed or damned forever.

In previous posts, I noted the fact that big companies have a ton of cash right now. So, when people complain about not having jobs, rather than blaming it on the government, shouldn't they be looking to the companies with the money? Don't know what that's not occurring to people.

So, consider that it's our free market system that's not creating jobs, even when there's plenty of money, when the financial and many other sectors have already recovered. Wouldn't we want our capitalistic economy to deliver jobs when we need them?

It’s important to try and understand what’s really driving the acerbic attitude in our country. I explained in the last blog that the reason companies are sitting on piles of cash and not hiring is that they are essentially afraid. A lack of certainty and confidence both are fear. So, we know the upper crust has fear or they would be spending money. “Scared to spend” is what USAToday called it in an article on July 28, 2010.

The captains of industry have been cost cutting to increase revenues and profits, demanding increased productivity, but refusing to hire.

We’ve just heard that businesses in the United States have a ton of cash, but they don’t want to spend it.