Archive for January, 2009

Congratulations to our new President – Lets wish him success

Wednesday, January 21st, 2009

Dear President ObamaAs you take the oath of office for the President of the United States, I would like to congratulate you once more on your cogent campaign and your landmark victory leading to a historic moment in the history of our nation. While I admit that I did not vote for you, I hope that all my fears will be proven to be unfounded, and that you become a great president who takes our nation to new heights. It is time now for us to put aside our differences and work together for the good of our nation.

There is no doubt that the economy is today the highest priority. It has come to this from just a minor blip due to the incompetence of our government. I really was dismayed to see that both of our Presidential candidates supported this extravagant and useless bailout bill. It led to, as I had predicted a terrible Christmas season for Americans.

We need a radical change in government from protecting big business to protecting the American people to solve this problem. I assure you that had every single financial institution failed, a new institution would have arisen to fulfill the need. Instead the government put our hard money replacing the paper money that the banks had lost due to their own greedy actions.

The government response by trying to control executive pay will do nothing as long as the government allows them to fleece the people and have huge profits for doing nothing. Had it been linked to reduction in or limitation on service fees; Had the interest rate reduction been linked to passing the bulk of it to the citizens, there would have been a far greater positive impact on our economy. Instead, the government, used fear mongering to get support of bad bill, and in the process, destroyed Americans faith in the system.

Socialistic policies can provide temporary relief to the weaker sections of society, but will do nothing to improve the economic state of our Nation. That can only be done by creating wealth of the nation, and every person on welfare is one less person generating wealth for the nation. A mixture is policies is needed that addresses both issues to truly solve the critical problems facing our nation today.

As one who has prospered in this nation, and has a vested interest in its continued success, I offer you my support to help our country enter a new age of prosperity. Lets work together for the good of our Country.

Neeraj Nigam