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  • News of the Week:CapitalNews.org

    Posted on March 24th, 2006 admin No comments

    C-Span ended a program with a invite to go to CapitalNews.org and vote on the most newsworthy piece of news this week. Of 5 questions 4 dealt with Iraq and one was Other! 50% said that Iraq will last longer than Bush’s tenure. Is that a surprise? This virtualmoore site had a poll that was initiated at the beginning of the Bush’s war. 60%+ said longer than 6 years. So where is the news?

    I contend the most newsworthy piece of news was that GM wanted to “buy out” 125,000 staff for sums ranging between $35K – $140K. People eligible for retirement would get $35K and younger hourly workers would get $140K. That seems like a lot but it really is not too much. It is a good deal for GM too. If I was 60 and had two years to retirement would I take $35K? Not on your life. If I could last only a few months I could earn that much (If I worked for GM but I do not). So I would call it forced retirement. Who is going to support all the people who will be out on the streets? Probably not me since I will probably be on the streets too. Michigan will implode pretty soon with all the people leaving the state. I think the same applies to the whole 7 state area. The South has risen again.

    Indiana Gov. Daniels has essentially sold the birthrite of Indiana by leasing the toll road for 75 years using the reason that the $3Billion to build roads for Southern Indiana. This is would be very meritorious but all the manufacturing jobs are leaving the Midwest to Mexico and Far East. Who needs a road in Southern Indiana if there is nothing to ship?

    I think we should spend the money on developing a “Silicon Plain” modeled after Silicon Valley out west and Silicon Glen in Scotland. The Silicon Plain would be located from West Layfayette (Purdue) to Bloomington (Indiana University), passing through Indianapolis. This would take about 25 – 30 years and the infrastructure of roads would follow as prosperity returned to Indiana.

    How about this plan folks? Well, I diverged but it was necessary (:-)……….

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