We all witness on TV, in the newspaper, on the Internet or by looking down the road at the University of Iowa concerns over the outcome and the results of the Iranian election held on June 12, 2009. Other major policy issues are coming the pike as we learn about Iran.
As a subscriber to The Economist, we received the following e-letter from the Editor in Chief.
Dear Reader,
Iran commands the world's attention this week, and
ours. The sight of maybe a million people marching in Tehran to protest against
vote-rigging is a stirring one; but what happens now will be determined as much
by what is going on in the backrooms of the regime as by developments on the
streets. This is the first time that the clerics have been divided about how to
deal with discontent, and their split means the protesters could win real
concessions.
Here are some other pieces from this week's issue you might
also be interested in. You can click straight through to each one and read it
online at Economist.com using the links below.John Micklethwait
Editor in Chief
We haven't seen news like this out of Iran, since 1979. Of course, we haven't seen unemployment rates in the United States, since this period either, during the last days of the Carter Administration and beginning days of the Reagan Administration.
On the home front, we read of the "Historical Overhaul of Finance Rules" on the front page of the Wall Street Journal for June 18, 2009. There are "New Plans For Oversight" that will impact "consumers, shareholders, hedge funds, home buyers, lenders, derivatives" and more.
By the way, Mr. Obama's health care plan in Congress is targeted for completion ahead of the Congressional summer recess. On all fronts, hopefully, there will be proper discussion, hearings and review, so we can make sure public policy will be successful for all, not just a few.
We had the pleasure to hear back from an attendee from Iowa's Second District who attended the AMA Convention this week. Mr. Obama addressed the AMA attendees on June 15, 2009. The feedback by the medical community was highlighted by the New York Times article titled Doctors’ Group Opposes Public Insurance Plan.
We have seen plenty of public and corporate welfare over the past six to ten months in Washington DC, here's just another example. Big government, big business and the welfare state seem to be ahead on far too many issues. Look at the handouts to our major banks, automobile companies and non-profit communities.
Look at the State of Iowa's cash situation at the present time. Small business, limited government and liberty appear to be on course to disaster at times, with direction our Federal, State and Local governments are proposing in spending and policy changes. Our economy and jobs are far more tied to small business, taxpayer, consumer behavior and our local neighborhoods.
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