THE ECONOMY

President Elect Obama has assigned John Podesta of his transition team to get input into solving the nation’s problems. The President Elect yesterday issued a statement regarding establishing an intiative to add 2.5 million jobs by 2011. My input to Mr. Podesta was as follows:

I agree, we need jobs and more jobs. Jobs are what drives the economy Where's the money?. Suggestion, take the balance of the 300 billion from the bailout and use it for creating and fixing the nations infrastructure.It's a start. 350 billion was more than enough for the Financial industry. That money was needed to fix the credit market. Banks need to resolve their own problems. Renegotiate mortgages and sell what people can't afford. There is a limit to bailouts Hopefully they learned a lesson in how to manage money and when to and when not to give credit.. They got into the mess, now work yourself out of it. You heard of tough love. Plus, get government out of the financial markets. Chris Dodd and Barney Frank have no clue what the're doing. Get your new Treasury Secretary to start carrying the ball when it comes to the Fiinancial Markets.Everyone needs to be accountable. Stop treating everyone like a baby.

Received an email describing Ford's shopisticated factory in Brazil.. Somethings wrong with the picture. If they can be successful in Brazil they can be successful in the U.S. They've got the talent and ideas. You need to transfer the Brazil model to the U.S. Get the politics out of the U.S. market. They need to go into receivership and dump the executives that were cajoling with Reid and Pelosi. Scrap the Board of Directors and have a complete reorganization of leadership. Find the people who made it work in Brazil and put them to work at fixing the problem.

Just heard, on the news ,some economists stated our cars were too good. Yes, my Toyota's a great car and will last 10 years. I expect it to last, it was a major investment. I stopped buying US when Olds , Chevy and Saturn became a pain to maintain. Make sure you don't listen to that economist. The prediction is that people are waiting for more fuel efficient cars. That's what I'm waiting for. Why should I buy when I can wait and demand to expect the technology to save money at the pump. We need to be energy independent. The publics not dumb, everyone wants value for their money. Government also needs to want value for their money, excuse me, the people's money.

The future of the auto industry is bright. The economies of China and India will need millions of cars. If we can compete with quality, fuel efficient automobiles we can capture that market. Don't look on the dark side look to the light. You need to get the right leadership in Detroit who are willing to solve problems and who will stop feeling sorry for themselves and continually run to government for help.. They're making big bucks, earn them. No bailout. We need to be leaders in innovation, not followers.

Your reps in the Senate and Congress, Reid and Pelosie are a disaster. I said it before and I'll say it time and time again, you need to manage their actions. Your team is doing a good job in providing direction and skills in trying to deal and identify solutions to the nations problems. Keep the politics to a minimum. We need common sense to solve economic problems. Different skills and abilities are needed to solve different problems.

Contact the Obama Biden Transition Team and provide your ideas to solve our nation's problems.