Did TWI's bureacracy collapse upon itself?

[skyrider]

Yeah---except that he couldn't tolerate franchises. All company stores or nothing.

And....how many would actually claim "I owe my soul to the company store."

Sing it Tennessee Ernie Ford !!

[waysider]

And....how many would actually claim "I owe my soul to the company store."

Sing it Tennessee Ernie Ford !!

[Broken Arrow]

I knew you were going to do that. Great song by the way.

Edited September 23, 2009 by erkjohn

[Broken Arrow]

Now I get where VP got the idea that McDonald's was actually his idea.

"With a broom and a mop...scub the bottom and top...make that a real shiny floor...you are in the Way Corps!!!"

[skyrider]

Wierwille, and later martindale, subscribed to "we have ALL the answers and we know the best way to run your life and family." i.e. -- bigger twi bureacracy is better.....reaching and teaching all aspect of "the word's way."

In 1995.....after martindale's twi went thru those post-"fog years"......martindale got "revelation" to put ALL WAY CORPS ON TWI'S PAYROLL. The result? Disastrous!!! Within two months, the trunk office had to triple its personnel as it scrambled to keep up with martindale's weekly mandates, policies and financial controls. Then, as lcm launched his "present truth" edict.....week after week, the changes in policy and terminology were crazy.

Yes, martindale was pulling the same bait-n-switch that wierwille did. Once corps signed onto this full-time assignment for twi, they OWNED us in every imaginable way. Remember: Twi has always lived by the slogan that those on staff live on a "needs basis"....and twi defines "need." In attempts to meet this ballooning payroll, martindale set mandates to the corps: No serious pets, No pregnancies w/o trustee approval, No interstate traveling to family w/o approval, No attending WIB unless trustee-invite, No teeth-braces for your kids w/o approval, No karate or dance or voice lessons for kids, No cable (unless you have other income to pay for it)......

While I totally agree that some corps (ok, many corps) took advantage of "the system"......the whole bureacratic process was faulty from the get-go. Like everything, those with greedy, elitist motives will always attempt to scam the system as bureacracy blurs into anonymity.....and to scale back on this corruption, these types of corps were martindale's examples on corps phone hook-up meetings to bring costs under control and MANDATE LIFE CHOICES.

I've posted all this information.....some four or five years ago.

Again.......twi's bureacracy collaped upon itself. There simply wasn't enough abs or classes or anything....to sustain martindale's "revelation" for all corps to be on twi's payroll. Don and Howard were bullied into this faulty premise as well and, just like when wierwille got his way, martindale did TOO.

What if all OUR LEARNING OF TWI'S FAILURES was played out on a NATIONAL LEVEL?????

Hypothetically......"twi bureacracy" = federal government

Hypothetically......not enough abs = federal tax revenue

Hypothetically......mandate vpw doctrines = stiflying private sector and more taxes

Soaring Debt

Soaring Debt Means Economic Disaster Within 3 Years

Tuesday, September 22, 2009 11:10 AM

By: Richard Rahn Article Font Size

Assume you had put much of your savings into U.S. government bonds and then you learned the following. In just the last eight months, the Congressional Budget Office estimates of the amount of additional federal debt to be held by the public grew by an astounding $4 trillion for the 2010-19 period; and that the amount of federal debt held by the public grew from $5.9 trillion to $7.5 trillion in just the last 12 months.

In addition, you learned that the federal government (i.e., taxpayers) now owns (primarily through Fannie Mae and Freddie Mac) or insures (through the Federal Housing Administration and other government programs) about 80 percent of the $14.6 trillion of home mortgages outstanding in the United States. Last week, Congress passed a bill requiring all student loans be made by the federal government rather than banks, which means the taxpayers will be 100 percent liable for any student loan defaults.

You also learned that the Federal Deposit Insurance Corp. is considering tapping its Treasury credit line for up to $500 billion. It needs to do this because of the high number of bank failures and because each bank account is insured by the government (i.e., taxpayers) up to $250,000. The president and many in Congress are calling for a roughly $1 trillion healthcare bill — paid for by additional debt and/or more taxes, which will further slow economic growth, eventually leading to even more debt.

Finally, you also became aware of the following facts: Federal government expenditures are growing far faster than the economy, and thus the government is becoming a larger and larger share of gross domestic product. Obviously, this cannot continue forever because eventually the government would totally drive out the private sector.

The entitlement programs (i.e., Social Security, Medicare, Medicaid, etc.) all continue to grow faster than the economy, and they will take more than 100 percent of all federal tax revenue this year, requiring that virtually all of the other government spending programs, including defense and interest payments on the debt, be funded by more borrowing.

You are also aware that the government cannot tax its way out of the deficit situation, because increasing income tax rates on the upper income people will both slow the economy and cause them to find legal or illegal ways to avoid the tax increase, and the politicians have pledged to not increase taxes on those making less than $250,000, which includes all but a very few Americans.

Even if the politicians break their pledges not to increase taxes, they still cannot solve the deficit problem as long as they refuse to cut back on the growth in Social Security, Medicare, and Medicaid — because any new tax revenue will be quickly absorbed by the growth in spending. The best that any tax increase could do is delay the explosion of the debt bomb by, perhaps, a couple of years while further weakening the economy and job growth.

Now suppose you are not an individual bondholder but the Chinese government official responsible for the Chinese economy, and you know your government holds about $1 trillion in U.S. government securities. You have watched Congress and the administration become less and less fiscally responsible — more spending, more taxes, and more debt.

Then suddenly the administration puts punitive tariffs on your tire manufacturers while at the same time refuses to approve the trade treaties with Colombia, Panama, and South Korea that have been negotiated.

You understand that these foolish and destructive actions by U.S. government officials indicate it does not understand the importance of free trade in fostering economic growth, and seem to be intent on replicating the mistakes of the 1930s.

The Chinese are not stupid, and they have been vocal in saying they are concerned that U.S. policies will lead to a further fall in the dollar and higher rates of inflation, both of which undermine the value of their investment in U.S. government securities.

The Chinese are now trying to diversify their holdings — and their recent activity in buying large quantities of tradable commodities is probably, in part, a hedge against a falling U.S. dollar. Thus, at the same time, the U.S. government needs to sell trillions of dollars of new bonds. It is by its own actions driving away foreign purchasers of bonds, which can only result in higher interest rates in the United States, which will further slow economic growth.

What is particularly frightening is that neither political party has offered a serious plan to defuse the debt bomb. The Democrats are just piling up more debt as if there were no limit, and the Republicans, to date, are only proposing measures to reduce the increase, rather than reverse it. When the debt bomb explodes — within the next one to three years — expect to see record high real interest rates and/or inflation, coupled with a collapse of many "entitlements." It will be like the neutron bomb, the buildings will be left standing, but the people will not.

Richard W. Rahn is a senior fellow at the Cato Institute and chairman of the Institute for Global Economic Growth. To see more columns by him go here now.