The Next 100 Days
Thursday, April 30th, 2009A buddy of mine sent me a copy of a letter he has written to President Barak Obama, and with his permission, I’m posting it here. Dan Allford from ArcSpecialties in Houston, TX I first met Dan when he came to San Diego to do a technical presentation at the local AWS section meeting on behalf of Arc-Zone.com. At the time our Sales Manager was Mr. John Dimock, who knew Dan personally and invited him. Dan came in and put on an outstanding presentation about automated welding systems and related equipment. His company builds some highly engineered equipment and since that time he has been gracious with his time, helping several of our customers improve their operations.
When I read Dan’s letter to the President I was impressed that it clearly tells the story of a real person trying to build something of value, and it includes facts — no emotion, no negative attacks — about the shift that has taken place in the American economy, a shift which clearly is not working.
Thanks Dan for taking the time to put your thoughts in writing — I hope you get a response, and more importantly I hope we as a nation can get back to building things of value — preferably out of metal!
LETTER FROM DAN:
President Barack Obama
1600 Pennsylvania Avenue NW
Washington, DC 20500
I am writing today to express my belief that the bail out of financial
institutions with tax payer dollars is wrong. Private liability should
not be covered by government debt. I believe failure should be
punished. I encourage you to cease such payments and instead prosecute those in the financial sector and government who have committed fraud and embezzlement.
I have watched with dismay as the US GDP swapped from 25%
manufacturing 11% financial services in 1978 to 21% financial services
and 13% manufacturing in 2008. I believe that industries such as
manufacturing are essential to a healthy economy. What our government is doing is shifting money from industries which CREATE wealth such as manufacturing, mining and agriculture to sectors which simply TRANSFER wealth specifically financial services.
I own a small company which builds robots and other industrial
machinery. I just paid the corporate taxes for my company for this
quarter. An amount many times larger than my salary.
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Recently I headed up the road to the
We talked about the new cars and old friends. Jac told me he is putting a winged Sprint Car team together for his son Sheldon and he has been fabricating some of the parts needed to get him on the road. 

