Wednesday, August 04, 2010

BUSH is a gift that keeps on screwing the USA!

Geithner argues against extending all Bush tax cuts
By Brady Dennis Wahungton Post

Treasury Secretary Timothy F. Geithner continues the administration's recent public relations push later this afternoon with a speech on tax and fiscal policy at the Center for American Progress, in which he plans to argue that responsible stewardship of the nation's finances can lead to economic growth, prosperity and job creation.

"Over the past two decades, Washington ran an experiment on that front," Geithner said in prepared remarks. "In the 1990's, the government put an end to budget deficits, and America enjoyed a period of growth led by the private sector where prosperity was widely shared and job creation was robust. Over the next decade, Washington tried a new path, running up huge debts, while incomes for most Americans stagnated and job creation was anemic. We are living today with the damage that misguided policy caused."

The speech comes amid a heated debate over what to do about a series of tax cuts instituted under President George W. Bush that will expire later this year. The Obama administration wants to extend cuts that apply to families making less than $250,000 a year, while allowing the cuts to expire for the wealthiest Americans. Republicans have pushed to have all the tax cuts extended, insisting that doing otherwise could further stunt economic growth.

"Borrowing to finance tax cuts for the top two percent would be a $700 billion fiscal mistake," Geithner plans to say. "It's not the prescription the economy needs right now, and the country can't afford it."

Earlier this week, Geithner traveled to New York for a speech in which he argued to the financial community that the recent financial overhaul bill signed into law by Obama ultimately will bring stability to the financial system and create the atmosphere for long-term growth. Other top-ranking Treasury officials are fanning out across the country carrying a similar message. On Wednesday, Assistant Secretary Michael Barr spoke on that subject to the Charlotte Chamber of Commerce.

"As we go about the task of implementing these reforms, we will be criticized by some for going too far and by some for not going far enough," Barr said, according to a copy of his remarks. "This distinction is stuck in a debate that presumes that regulation -- and efficient and innovative markets -- are at odds. In fact, the opposite is true. Markets rely on faith and trust. Markets require clear rules of the road. Consumers rely on the trust and fair dealing of financial institutions. And for all our sakes and that of our economy, we must restore honesty and integrity to our financial system."

Ducks Quack - Eagles Soar

No one can make you serve customers well....that's because great service is a choice.
Harvey Mackay, tells a wonderful story about a cab driver that proved this point.

He was waiting in line for a ride at the airport. When a cab pulled up, the first thing Harvey noticed was that the taxi was polished to a bright shine. Smartly dressed in a white shirt, black tie, and freshly pressed black slacks, the cab driver jumped out and rounded the car to open the back passenger door for Harvey .

He handed my friend a laminated card and said: 'I'm Wally, your driver. While I'm loading your bags in the trunk I'd like you to read my mission statement.'

Taken aback, Harvey read the card.. It said: Wally's Mission Statement: To get my customers to their destination in the quickest, safest and cheapest way possible in a friendly environment...

This blew Harvey away. Especially when he noticed that the inside of the cab matched the outside. Spotlessly clean!

As he slid behind the wheel, Wally said, 'Would you like a cup of coffee? I have a thermos of regular and one of decaf.' My friend said jokingly, 'No, I'd prefer a soft drink.' Wally smiled and said, 'No problem.. I have a cooler up front with regular and Diet Coke, water and orange juice...' Almost stuttering, Harvey said, 'I'll take a Diet Coke.'

Handing him his drink, Wally said, 'If you'd like something to read, I have The Wall Street Journal, Time, Sports Illustrated and USA Today.'

As they were pulling away, Wally handed my friend another laminated card, 'These are the stations I get and the music they play, if you'd like to listen to the radio.'

And as if that weren't enough, Wally told Harvey that he had the air conditioning on and asked if the temperature was comfortable for him. Then he advised Harvey of the best route to his destination for that time of day. He also let him know that he'd be happy to chat and tell him about some of the sights or, if Harvey preferred, to leave him with his own thoughts.

'Tell me, Wally,' my amazed friend asked the driver, 'have you always served customers like this?'

Wally smiled into the rear view mirror. 'No, not always.. In fact, it's only been in the last two years. My first five years driving, I spent most of my time complaining like all the rest of the cabbies do. Then I heard the personal growth guru, Wayne Dyer, on the radio one day.

He had just written a book called You'll See It When You Believe It. Dyer said that if you get up in the morning expecting to have a bad day, you'll rarely disappoint yourself. He said, 'Stop complaining! Differentiate yourself from your competition. Don't be a duck. Be an eagle. Ducks quack and complain. Eagles soar above the crowd.'

'That hit me right between the eyes,' said Wally. 'Dyer was really talking about me. I was always quacking and complaining, so I decided to change my attitude and become an eagle. I looked around at the other cabs and their drivers. The cabs were dirty, the drivers were unfriendly, and the customers were unhappy. So I decided to make some changes. I put in a few at a time. When my customers responded well, I did more.'

'I take it that has paid off for you,' Harvey said.

'It sure has,' Wally replied. 'My first year as an eagle, I doubled my income from the previous year. This year I'll probably quadruple it. You were lucky to get me today. I don't sit at cabstands anymore. My customers call me for appointments on my cell phone or leave a message on my answering machine. If I can't pick them up myself, I get a reliable cabbie friend to do it and I take a piece of the action.'

Wally was phenomenal. He was running a limo service out of a Yellow Cab. I've probably told that story to more than fifty cab drivers over the years, and only two took the idea and ran with it. Whenever I go to their cities, I give them a call. The rest of the drivers quacked like ducks and told me all the reasons they couldn't do any of what I was suggesting.

Wally the Cab Driver made a different choice. He decided to stop quacking like ducks and start soaring like eagles.

How about us? Smile, and the whole world smiles with you... The ball is in our hands! A man reaps what he sows. Let us not become weary in doing good, for at the proper time we will reap a harvest if we do not give up... let us do good to all people.

Ducks Quack, Eagles Soar.