PRACTICAL REALITY IN GOVERNMENT

Feb5

George Friedman at STRATFOR offered two commentaries on our nation and its future leader on the eve of the 2012 elections.

We find them worthy for consideration again since they hold true today and have been born out by the last four years experience in Washington.

The Purpose of Presidential Debates

Character, Policy and the Selection of Leaders

Mr. Friedman points to a practical reality. Presidents manage as they must. The real issue for the winner of this election will arise when the Chinese and our other major creditors stop showing up at our bond auctions and our credit and credibility diminish to dysfunctional levels on the world stage.

Until then our stagnated, polarized, congress will kick the can down the road as they have with current legislation that postpones any consideration of the issues until after the election.

The new White House occupant will be just as bound and tied by the inability of our elected representatives to compromise. This situation is an economic illness.

We have seen a similar situation take down other countries in recent times and place them at the mercy of the international community. It has threatened the financial future of Greece and other countries in Europe.

Our country has caught a catchy illness of political diatribe and inaction. Let us hope for some leadership in Congress that is driven by the practical reality of the world at large and is not based on the rarefied air of financial pocket-lining on the Washington D.C. Beltway.
 The clock is ticking:

US National Debt Clock (Real Time)

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