Koch vs. Stern, Trumka, SEIO, and AFL-CIO

The entrepreneur liberals most like to malign, Charles Koch, provides a very clear exposition here of the effects of crony capitalism.  Mr Koch's company is a hugh family owned, world wide conglomerate in the energy industry.  His company and others like it are the engines of our economy's success.  Mr. Obama should be inviting the likes of the Koch family members to visit the White House for lunch on a regular basis in order to pick their brains on how his policies are helping the economy.  Instead he demonizes them, accuses them of damaging the environment, exploiting the workforce, greed, and on and on.  Instead of inviting the Koch brothers, Obama invites Andrew Stern, and Richard Trumka, leading labor organizers in the country in order, presumably, to help him unionize more companies along the lines of the automobile industry.  Lest we forget, the bulk of the blame for the failure of Detroit has been the result of excessive wages and work rules, both union driven. Four more years of Obama means four more years of the Stern/Trumka policies and four more years of economic stagnation.  We're headed for a replay of the '30's when it took 11 years to get unemployment under 15%.  This is patently unfair to younger generations.  To create wealth and jobs we need a return to pure capitalism.

Detroit revisited

Occasionally, very occasionally, the LATimes produces good work  There was the series a couple of years ago about the failed hospital in south L.A., and now a piece on the California Teachers Association and its lobbyist Nunoz.  If one wants to know the depth and seriousness of the economic woes in California, one needs go no further than this article..  It tells it all.  What we have here is Detroit revisited, and we will, in due course, have the same end result.  Unions and their excessive demands caused Detroit's ultimate demise.  Yes, there was the issue of the failure of management to deal with the unions in an effective way, a fact that cannot be overlooked.  But, in the end, the compulsion of unions to keep bringing home the bacon for their members by always increasing wages and benefits, and by always adding to restrictive workplace rules and regulations, is the overriding reason Detroit shrank in population from several millions to its current 400,000,  from a thriving metropolis to a basket case, failed city that is bankrupt.