Auto industry social networks have the ability to different rules and protocols to produce their own personal identities within the auto industry and also the inter-dependent automotive advertising industry. While you can find variations in format, content and contributors they share the normal goal to train their community members by sharing best practices and insights with all the proven fact that a rising tide floats all boats. To deliver clarity and share my vision into the future from the retail auto industry and automotive advertising it should be framed it negative credit our changing geo-political and economy. Once the reasons for today was made around the broad picture individuals world economy and politic, then the role in the Internet and related technologies can be applied on the one constant we all can depend on -- -- to aid define tomorrow while i find it.
Any competitive enterprize model should be built to accommodate tomorrow as well as today. Today is clear. Product sales, profits and inventory are down across all brands. Consumer confidence is falling as unemployment is rising even during the facial skin of the expected temporary increase when the million plus census workers and other government employees -- such as the sixteen thousand IRS agents to police our new medical care system -- are artificially combined 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 Usa and also our European trading partners are presented with excessive debt and unstable monetary systems. Our monetization of our debt -- basically the undeniable fact that we loaned ourselves the amount of money we wanted to invest in our growing debt by printing more money, since nobody would lend it to all of us -- has insured the inevitable inflation in our dollar or some similar correction to the monetary system. This anticipated correction is already supported when observing the situation maturing in Greece, Portugal, Spain and other Countries in europe stuck just using the Euro and the International Monetary Fund, (IMF). No-one has a crystal ball, therefore the best way to organize for tomorrow is usually to recap today's critical conditions that didn't exist yesterday. It really is these modifications in -- that which was -- vs. -- precisely what is -- that can likely define -- what's going to be along with the actions that auto dealers and automotive advertising agencies must take to be profitable and competitive in unchartered waters.
The actual administration was voted in on the platform of hope modify hoping that the promised transformation of the usa would take place in our constitution and in deliberation over our established belief within a free marketplace. The redistribution of wealth was understood by most to mirror the giving nature with the American people being a moral and sharing society. Unfortunately, the transformation began in manners that can not have access to been imagined by the majority that voted for this by having an agenda that's only now arriving at light. The inherited financial burdens on our banking system that justified the requirement of change were matured across Republican and Democratic party lines -- as evidenced by the contributions of Fannie May and Freddie Mac to your mortgage crisis and also the preferred treatment enjoyed by the unions, Goldman Sachs, AIG and other entities on Wall Street sustained by the progressive political movement which is represented within both parties.
By way of disclaimer, I recognize that approximately 30% individuals population believes within the collective -- We the folks -- along with the associated movement for your -- workers worldwide to unite -- vs. the framers of the constitution that defined it as being the average person -- We The People -- and the rights of the person being a contributing part of the whole. That said, because President has clearly stated, elections have consequences and i'll try to limit my comments and future visions to merely those actions who have or have a direct affect your vehicle industry and the automotive advertising agencies that are engaged to offer it.
The empowerment of the unions in the formation of Government Motors is already impacting industry whilst it can be being challenged from the courts. The mandated consolidation from the retail distribution channels for Vehicle and Chrysler preserved a person's eye from the unions on the guaranteed bond holders and independent dealers unlike established rules of law. This precedence diluted expectations of both investors and corporations to rely on binding contracts and individual rights in favor of the collective we that our evolving society is required to serve. Recent adjustments to the text in a variety of Federal powers have impacted previously accepted State and individual rights which must be regarded as when projecting not able to the car industry and automotive advertising -- or even our country in general.
For example, the alteration from the concept of eminent domain from taking personal property -- for public use -- for the new definition -- for public good -- has now ended in private and commercial property being taken at distressed market values and given to other people that promised a better tax base for the governing authority depending on their position how the additional tax revenue was for your public good. Similarly, the ownership water rights in the us has been changed from the previous Federal ownership of all -- navigable waterways -- to include -- all waterways -- including ponds, surface streams and basically any water how the government determines can be used the population good. The potential impact on the farming industry and our food supplies evidence a shift in government control of society to be considered when projecting the future of any industry -- including our beloved auto industry.
In the government takeover in the banking industry, Gm, Chrysler, Medical care and Education loans which can be now portion of our history, the actual becomes self evident. These single word changes and government takeover of entire industries for your public good dilute individual and corporate rights for the rights in the collective. This is a basic step in the whole process of redistributing the wealth according to Socialistic and Marxist principles. That's not me judging the validity of any of these differing political philosophies because it would risk my capacity to remain unbiased within my evaluation of present and pending opportunities from the auto industry. My intent is just not to shield our previous constitutional republic over the shift into a Socialistic or Marxist democratic society, but instead to make use of them when contriving a business model advancing in my auto dealer / vendor clients and affiliated automotive advertising agencies.