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K:

I know you like the Obama administration, but I left him a long time ago when he deftly stripped away the promise (rights) to bondholders in the GM and Chrysler takeover so many months ago.

This was a promise that was established for the efficient transaction of normal business and trade practices. Bondholders are the first to recover from the devastation of bankruptcy at least in this country.

Yes, they saved jobs (GM and Chysler), but the precedence set in putting bondholders in the back of the line has added to the devastation of those willing to provide credit going forward, amongst a whole slew of other economic decisions that continue to mount.

So GM and Chysler have saved auto jobs but 9.5% of Americans seeking employment remain disappointed. And the those that provide credit to start and expand business have held on to their monies and the working folks are left searching for jobs.

I will make the claim that those auto jobs held by two companies and their suppliers that support them, dwarf in comparison to the 9.5% of Americans seeking employment. Was this save a few at the expense of the many?

I recommend less government interference, less regulation with unintended consequences and more people exercising independence and pursuit of their dreams by encouraging innovation (not through government subsidies and welfare).

My money is best managed and controlled by me and I will not spend it in this uncertain regulatory environment.

I worked in an industry that is regulated by the FDA. The FDA has been stable in its enforcement and issuance of regulations over time. But the regulations coming out of Washington in the last 2 years are simply crippling this great nation.

The Jackson Lab story is a great example of Federal subsidies/loan influencing poor economic/business planning. Collier County does not have the expertise nor the insight as to what industries or specific companies should receive funding/loans? They are simply handouts to those with access to our representatives that see government as a solution rather than as the beast of conformity (i.e. share the wealth) and mediocrity.

Americans are leaders of the world because our past encouraged the pursuit of dreams to their fulfillment. Get government out of the way especially overreaching Federal mandates.

Obama believes in more government to solve problems and makes claims(promises)to justify its role. And as these promises become unattainable or outlandish looking back because control of market and technological forces will rise in spite of its hand. Federal regulations in the past two years have only stifled and created a false sense of regulation (i.e banking and insurance industry).

Just review the history of the MMS and its role in oil industry regulation and issuance of permits in the USA.