Re: McCain promises to balance budget in 4 years

On Jul 11, 3:00 am, al Guacamole <a...@xxxxxxxx> wrote:
On Jul 10, 9:21 am, mg <mgkel...@xxxxxxxxx> wrote:





On Wed, 9 Jul 2008 13:36:50 -0700 (PDT), al Guacamole <a...@xxxxxxxx>
wrote:

On Jul 9, 2:33 am, mg <mgkel...@xxxxxxxxx> wrote:
On Jul 8, 1:29 pm, al Guacamole <a...@xxxxxxxx> wrote:

On Jul 7, 10:34 am, Rita <R...@xxxxxxxxxxx> wrote:

On Mon, 7 Jul 2008 12:16:34 -0700 (PDT), mg <mgkel...@xxxxxxxxx>
wrote:

On Jul 7, 2:25 am, Rita <R...@xxxxxxxxxxx> wrote:
On Sun, 6 Jul 2008 22:20:32 -0700 (PDT), mg <mgkel...@xxxxxxxxx>
wrote:

On Jul 6, 10:01 pm, Jim Higgins <gordian...@xxxxxxxxxxx> wrote:
The "Honest John" McBush Real Estate Co. is also promising to develope
ocean front lots in Kansas, Arizona and Idaho.  "Honest John" promised
so it must be true.

McCain promises to balance budget in 4 yearshttp://www.politico.com/news/stories/0708/11553.html

Sen. John McCain (R-Ariz.) plans to promise on Monday that he will
balance the federal budget by the end of his first term by curbing
wasteful spending and overhauling entitlement programs, including Social
Security, his advisers told Politico.

The vow to take on Social Security puts McCain in a political danger
zone that thwarted President Bush after he named it the top domestic
priority of his second term.

McCain must be going totally nuts to call social security an
entitlement program and say he's going to overhaul it. I'd almost be
willing to bet that his staff straightens him out fast. I wouldn't be
surprised if he issues one of those "I misspoke" retractions..

Actually, from what I have read in many credible sources, McCain is
no longer in charge of his message.  The GOP establishment complained
so much that he was not making his conservatism clear that he now
has new handlers who are revamping his policy proposals.  So perhaps
to blame are the same old gang who wrote Bush's messages for him.

We'll soon see how the Social Security thing goes down soon.

A sneaky politician needs one set of advisers to get elected and
different set of advisers after he gets elected. I suspect McCain has
the wrong set of advisers.

His campaign had Carly Fiorina, former Hewlett-Packer chairperson,
fronting for him today re: his economic plan.

Problem is McCain's own ideas don't go down well with the
conservative wing of the party -- his support on global warming,
immigration.  So it seems they are writing his economic plan
for him.  I doubt he understands it well enough to defend it
himself.

Great. Fiorina seems to be a very bright woman who like him has had to
oppose very powerful business conservatives at Hewlett-Packard in
making the necessary changes to rescue the company. In my opinion, I
think that she is independent enough of the Republican establishment
to write a good plan. Let's try to comment on it on a more objective
basis. This is really of test of McCain to get good advice. In my
opinion he has met this challenge from the caliber of the people he
has chosen.

Would like to see Paul Krugman among Obama's economic advisers. But it
unlikely that he would ask someone who has criticized his economic
policy agenda.

Fiorina has a couple of business degrees. She has no education or
experience in government or economics. Quality suffered horribly at HP
while she was there, in my opinion and so did profits. The board fired
her and profits quickly returned. Fiorina left HP with a huge, golden
parachute. I understand she now works for Fox as a business
commentator.

She wrote a book on this. I'm also somewhat familiar with the old HP
products and operations. Quality is something that HP had taken pride
in. But it does apply if by quality you mean performance and technical
and sales support. That is something that she inherited when she took
the CEO position at the company. The company had a tradition that was
no longer competitive as well. The changes that she proposed had the
support of the majority of board who saw that as the best way to save
HP. The bad press that she got was from a board member who got the
help of the families who owned stock. He and they lost the proxy fight
and the changes which are now a part of history and have earned her a
lot of hate from employees, saved the company. It got a lot better
after the changes were made and HP was a lot more competitive as a
personal computer company.

She lost subsequent board fights because she did not have control of
the board and could not kick the trouble maker off the board. Her take
is that the board acted to bring peace to their deliberations. But the
fight did not end until the chair was removed for using a private
investigator to investigate who was guilty of misconduct on the board.
It was no surprised when the truth came out. However, I wonder why he
couldn't simply have been kicked off the board. Employees still hate
her guts, and I think that it's primarily because they had gotten such
good treatment in the past. They didn't know how it really is in other
companies in the Silicon Valley area.

I worked for a high-tech (high end) computer company once who believed
that too much quality wasn't competitive. Typically we would sell a
computer system and still be debugging it a couple of years after it
was delivered to the customer. I remember once one of  the supervisors
sent out some email that said, "Excellence is the enemy of
good-enough".

That company has now laid off most of its employees and is near
bankrupcy.

It's a little different from the one I heard from managers: "get it
right the first time. We don't have the time to fix mistakes".

Or, a different way of saying the same thing is "How come there's
never enough time to do it right, but there's always enough time to
fix the mistakes later."

.

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