Auto industry social networking sites have the ability to different rules and protocols to generate their own identities from the auto industry and the inter-dependent automotive advertising industry. While you'll find variants format, content and contributors they share the common goal to train their community members by sharing guidelines and insights with all the concept that a rising tide floats all boats. To supply clarity and share my vision for the future from the retail auto industry and automotive advertising it needs to be framed it poor our changing geo-political and economic environment. After the foundation today was made about the broad picture individuals world economy and politic, then your role from the Internet and related technologies is true towards the one constant that individuals can all be determined by -- -- to help define tomorrow while i see it.
Any competitive enterprize model should be created to accommodate tomorrow and also today. Today is obvious. Sales, returns and inventory are down across all brands. Consumer confidence is falling as unemployment is booming even during the face in the expected temporary increase when the million plus census workers as well as other government employees -- such as the sixteen thousand IRS agents to police our new health care system -- are artificially included with the equation. Wholesale and retail lines of credit are restricted by both natural business cycles and government intervention. Our economy is directly from the world economy along both monetary and political lines as well as the United states of america and also our European trading partners have to face excessive debt and unstable monetary systems. Our monetization of our own debt -- fundamentally the undeniable fact that we loaned ourselves the money we needed to finance our growing debt by printing more cash, since nobody else would lend it to all of us -- has insured the inevitable inflation of our dollar or some similar correction to your monetary system. This anticipated correction has already been supported when observing the specific situation maturing in Greece, Portugal, Spain and also other The european union linked with the Euro and the International Monetary Fund, (IMF). No-one carries a crystal ball, therefore the sole method to plot for tomorrow is always to recap today's critical problems that didn't exist yesterday. It's these changes in -- that which was -- vs. -- what's -- that may likely define -- what is going to be and also the actions that auto dealers and automotive advertising agencies have to take to remain profitable and competitive in unchartered waters.
The existing administration was voted in over a platform of hope modify with the expectation that this promised transformation of the usa would happen within our constitution plus deliberation over our established belief within a free marketplace. The redistribution of wealth was understood by most to mirror the giving nature of the United states citizens as a moral and sharing society. Unfortunately, the transformation began in ways which could not have access to been imagined by the majority that voted correctly by having an agenda measuring only now coming to light. The inherited financial burdens on the banking system that justified the requirement for change were matured across Republican and Democratic party lines -- as evidenced with the contributions of Fannie May and Freddie Mac to our mortgage crisis along with the preferred treatment enjoyed through the unions, Goldman Sachs, AIG and also other entities on Wall Street supported by the progressive political movement which is represented within each party.
By way of disclaimer, I do know that approximately 30% in our population believes from the collective -- We the folks -- and the associated movement to the -- workers of the world to unite -- vs. the framers with the constitution that defined it as the individual -- We Individuals -- along with the rights of the individual being a contributing person in the entire. In spite of this, because the President has clearly stated, elections have consequences and I will try and limit my comments and future visions just to those actions that have or have a direct affect the automobile industry and the automotive advertising agencies which can be engaged to provide it.
The empowerment with the unions inside the formation of presidency Motors is already impacting the market even while it really is being challenged from the courts. The mandated consolidation from the retail distribution channels for Vehicle and Chrysler preserved the interest of the unions in the guaranteed bond holders and independent dealers as opposed to established rules of law. This precedence diluted expectations of both investors and corporations to depend on binding contracts and individual rights in favor of the collective we that our evolving society is predicted to offer. Recent alterations in the text in several Federal powers have impacted previously accepted State and individual rights which must also be regarded as when projecting the future of the automobile industry and automotive advertising -- otherwise our country all together.
By way of example, the change within the definition of eminent domain from taking personal property -- for public use -- to the new definition -- for public good -- has resulted in private and commercial property being taken at distressed market values and provided to other people that promised an increased tax base to the governing authority determined by their position that this additional tax revenue was for that public good. Similarly, the ownership of water rights in the usa has been changed from the previous Federal ownership of all -- navigable waterways -- to feature -- all waterways -- including ponds, surface streams and basically any water how the government determines can be used as the general public good. The potential impact on the farming industry and our food supplies evidence a transfer of government power over society that need considering when projecting not able to any industry -- including our beloved auto industry.
In the government takeover in the banking industry, Automobile, Chrysler, Health Care and Student Loans that are now part of our history, the point becomes self evident. These single word changes and government takeover of entire industries for that public good dilute individual and company rights for the rights with the collective. It is a basic step up the operation of redistributing the wealth prior to Socialistic and Marxist principles. I am not judging the validity from a of the differing political philosophies as it would risk my ability to remain unbiased during my evaluation of present and pending opportunities in the auto industry. My intent isn't to protect our previous constitutional republic in the shift into a Socialistic or Marxist democratic society, but to use them when preparing a enterprize model continue in my auto dealer / vendor clients and affiliated automotive advertising agencies.
Last updated 161 days ago by stance2