Wednesday, February 1, 2012

Is Gingrich Talking Dictator?

I am an Independent (in North Carolina it says Unaffiliated). Last night I listened to the speeches from the 4 candidates after the election. Gingrich made some interesting comments that disturb me. If my public education is remembered correctly, the Congress creates/updates/deletes laws, the President and his workers execute the laws, and the Judicial decides if they are legal and how far reaching.

Gingrich said he is going to use Executive Order on the first day to abolish the Obama Healthcare, Dodd-Frank and Sarbanes-Oxley. I do not know many people that like all of the parts of the bills. I even know some that like none of the 3 bills. However, let’s stop and think about the real issues.

The healthcare law is not really about forcing people to get health insurance. The real issue is who gets what care. Are all Americans entitled to the same healthcare and if so, who is going to pay for it? We would all like to say that everyone is entitled to the best healthcare available. However, we want someone else to pay for it. I pay for my health insurance. It is going up another 7% in March. We cannot keep dodging the question.

Dodd-Frank was passed because of the financial crisis in 2008. The more people involved with anything, the more compromises are made. Let’s face it. Any law in this country involves at least 535 in Congress and 1 President. However, I doubt if any of us want to see another crisis like that again. If you do, go to Greece.

Sarbanes-Oxley was passed because of Enron. How many of us want a repeat of that? Most of us Baby Boomers have retirement accounts that are 401K’s, IRA’s, etc. As we approach the time to use these retirement vehicles do we want an Enron in them? For those with a defined pension plan, where do you think they have that money invested? If you think your retirement amount is guaranteed, talk with some of the people in these non-profits that have seen theirs cut.

I think we all need to stop and think. We need to listen to what we are hearing and think about what it means. Then we need to face and answer the big questions so we can move on.

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