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The Heritage Foundation's Ideas....

: ...Worth checking Out...
I caught a glimpse of a news conference by the Heritage Foundation's Michael Franc. He is the Government Relations VP for the Foundation. I am well aware of some of the support the Heritage Foundation receives. However, I have been of the view of that any idea that would help provide a roadmap is absolutely crucial to be looked at. I would be analyzing the report annouced by Heritage and providing guidance on it as part of OV's Election Watch Series over the ensuing weeks.

I welcome the Heritage Report because it is how things should be. There was one thing that Michael Franc also noted that I also agree with: incremental change is simply not acceptable. There needs to be the courage to truly work to transform for the greater good.

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Eyes Of the World are on London.....

: And???
The World
The G20 Class of 2009

The World's top 20 countries have desended upon London. London has braced itself for anarchy. Anyone who does not understand the anxiety felt by the people of the world seems to be living in fantasyland.

Behind all the smiles, there is serious work that leaders need to tackle. There is no way in the world that in one day, they would decide to solve the entire problems of the world. However, I view the comminque that is to be issued at the end of the summit as setting the tone of things to come.

As the deliberations continue, the suffering continues. Companies are laying off people. The U.S. Auto manufacturers just came out with their March sales numbers. The only word to explain it is terrible!!! The people continue to be as nervous as ever. In the State of California, there has been a marked drop in Sales Tax Revenue because people have cut back on their purchases. Sales Taxes help fund local government services. Some cities have seen drops as high as 30%. In addition, polls numbers indicate that there is a good chance that the revenue measures scheduled to go before the voters on May 19 will fail --triggering a doomsday scenario of further cuts across all fronts.

It is extremely tough to be optimistic as I continue to assess the state of our world. The choice are stark and the road ahead is not easy. What other choice do we have?



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Outsider Views Economic Winter Chronicles (Feb 8, 2008): A Personal Perspective

: How scary will it get? I just don't know.....
The debate on what to do about how to jumpstart the US Economy rages on. I personally have received appeals from both Senator McCain's new CountryFirst PAC and President Obama's Organizing for America Organization. The roundtable held earlier between four leading lights of the U.S. Congress on NBC's Meet the Press underscores this divide.
As the debate continues, teachers, fire fighters and cops are on the chopping block. States are in dire straits. California continues to operate without a budget.

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Davos: Reflections

: Wow!!!!
The world is right now fascinated with Davos. The rich, the famous and the powerful are all there in paradise talking about the world and all the problems. There is enough being said by all pundits which will speak for itself on Davos. But, two key things occured which I wanted to note:

1) Turkey's Prime Minister Edrogan stormed out of a discussion with Shimon Peres during discusisons on Gaza. Edrogan was given a minute by David Ignathius of the Washington Post to rebute a lengthy comment by Shimon Peres. I think the gesture by Mr. Edrogan must be taken seriously by Israel. It shows the frustration with Israel and the fact that as Amr Mousa said, Israel "does not listen". I was quite disappointed by David Ignathius when he did not grant equal time during the discussions. It seems to me that Dinner could have waited


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