Give us your ten point plan.
You know mine.
The Soot and Ashes ten point plan to stop the New Great Depression and begin the American recovery
1) 4% 40-year fixed rate mortgages (that Jim Cramer is now promoting) for any homedebtor or homebuyer, one house per person, payment of up to 30% of income, minimum 5% down, direct lending from Fannie/Freddie with no mortgage broker commission allowed. Plus Jim Cramer's idea of refi's for any home in America down to current appraisal, with the short amount picked up government insured certificate with any sale proceeds in the future to be applied against the coupon (UPDATE -HEADING THIS WAY)
2) Pull US troops out of every nation on earth and close down every foreign military base by 2015 (UPDATE - IRAQ WITHDRAWAL COMING)
3) Eliminate market to market accounting and restore the uptick rule (UPDATE - M2M CHANGED, UPTICK NEXT)
4) Ban SKF and all ultra-short stock ETFs (UPDATE - NO PROGRESS)
5) Nationalization of Citibank and Bank of America, which will then be used for direct lending by the government to solvent and credit-worthy businesses and individuals (UPDATE - NO PROGRESS)
6) Forced merger and pre-packaged bankruptcy of Ford, Chrysler and GM into one single private, non-union and debt-free national car company (UPDATE - GM AND CHRYSLER BANKRUPTCIES ON THE WAY)
7) $100,000 maximum IRA contribution ceiling for 2009 and 2010, with suspension of forced IRA withdrawals for 2009, 2010 and 2011 (UPDATE - NO PROGRESS)
8) 0% cap gains tax 2009 and 2010 and accelerated 100% depreciation on all business asset purchases for 2009 and 2010, plus corporate income tax reduced to 10% going forward (UPDATE - NO PROGRESS)
9) $1 trillion five year green energy, infrastructure and transportation Manhattan project stimulus (UPDATE - BLOWING TONS OF CASH, NOT ENOUGH ON GREEN ENERGY)
10) Raise Social Security retirement age to 72 effective 2015, index to life expectancy data after that. Eliminate prescription drug benefit. (UPDATE - THIS WILL HAPPEN IN 2010)
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57 comments:
10) Raise Social Security retirement age to 72 effective 2015, index to life expectancy data after that. Eliminate prescription drug benefit. (UPDATE - THIS WILL HAPPEN IN 2010)
This may happen, but then it's just significant tax that legals will pay to older generations while younger generations will get almost zero benefit. People should have the option of opting out of this transfer of wealth from young to old.
That's right Al Queeferino, SKF is alive and well and I have scored with that baby several times.
Government needs to print enough money to force incomes higher.
Those $22/hour Census jobs in San Fransisco are a step in the right direction.
Census Jobs
SKF hit a 52-week low last week, even after most of the banks have had their stocks fall 90%
Sucker born every minute. Like OIL ETF too, has no reflection on what it's supposed to represent. But sure is fun to watch. Like watching craps.
Ban it. Should never have been approved to trade. Another financial weapon of mass destruction, allowed by Chris Cox and his incompetent bunch of thieves.
It's too late for ten point plans and easy solutions. Pickles can't turn into cucumbers again. Just like in 1933, the winds of upheaval and generational change are blowing and tens years from now most of us will not recognize the world we inhabit.
Amazing how anti-Union you are, Keith, and yet not one mention of the flood of illegal immigrants and benefits paid. Unfortunately, Mr. Obama is even more clueless than loser Bush and we are just at an intermediate stop on this deflationary express train. I bet you 2 years ago that Schif was dead wrong and I ended up correct and I'm telling you now you best prepare for the next leg down.
Create a realtor prison and round up every crooked real estate person in the usa.
I would engineer the next Ponzi scheme and hope it will hold up until all my buddies got their's and I am out of office and sittin' pretty with whatever I managed to loot.
Kind of like the current and the previous 2 presidents. Of course it will eventually reach a point when some poor schmuck will take over a mess too big to fix.
Borrowing from Asian savers and running the printing press full tilt might indeed keep the thing from blowing up during the next 4 years. After that pass the mess on to someone else.
give every $10,000 dollars!!
give me cheese!!!!!!!!!!!!!!!
Individuals that are in debt do not go further into debt to get out of debt.
This government has hocked our future and garuanteed that we will never recover from this debacle.
The only way out of this is to pay the price and take the pain now instead of prolonging the misery for our lifetime and that that of our children and grandchildren.
Reduce government, lower taxes and put personal responsibility back into the hands of the electorate.
Let banks and automakers fail.
Let home prices plumet to the affordability index. Reward people who paid off their mortgage with a lifetime achievement award of great monitary value. Reward anyone who is debt free.
Put Schumer, Dodd, Franks, Pelosi, Reed and Bush in Jail.
Reward small business startups.
Stop illegal border crossing.
Reward people who are healthy.
Dissolve taxes on investment gains.
Legalize drugs.
Legalize Industrial Hemp cultivation.
Make debt evil.
Fire Obama.
Ban Socialism and Marxism.
1- raise interest rates to 13% overnight.
2 - eliminate all taxes on savings and divi's.
3 - cut defense by 50%
4 - take the 50% from defense and begin program to colonize the moon.
5 - independent prosecutor to investigate all corp shinanigans.
6 - drop corp tax rate to 0.
7 - reinstate tax deduction for all interest paid (CC, car loan etc)
8 - let failed companies fail - NO BAILOUTS!
9 - turn Social Security funds over to each individule for a true retirement account.
10 - sell off Post Office and any other Gubment "business" to highest bidder.
Keefer,
Solution #9
One word = ‘energy independents’
I am not much of a tree huger, if the frogs are happy fine if not fine too.
But to answer your question, I would do WHATEVER IT TAKES to make us Energy independent.
If nothing else changes and we arrive at a place where we do not need to depend on others for our energy,
Then the great America and its potential are unlimited.
point 11. all Indians must return to India.
point 12. India must turn in all of their nuclear bombs to be dismantled
and destroyed.
Anonymous hp fan said...
Government needs to print enough money to force incomes higher.
Those $22/hour Census jobs in San Fransisco are a step in the right direction.
Census Jobs
April 6, 2009 10:08 PM<<<
hey go get you a job with the census department and then go buy greatly reduced house around there, then get a sub prime loan from countrywide. i love it when a plan comes together. thanks barry.
"5) Nationalization of Citibank and Bank of America, which will then be used for direct lending by the government to solvent and credit-worthy businesses and individuals (UPDATE - NO PROGRESS)"
How about ending the dollar as a debt-based currency?
"Raise Social Security retirement age to 72 effective 2015, index to life expectancy data after that. Eliminate prescription drug benefit. (UPDATE - THIS WILL HAPPEN IN 2010)"
Not gonna happen. The AARP will raise holy hell.
"8) 0% cap gains tax 2009 and 2010"
So you want to inflate another stock market bubble? How about the rejection of bubble economics?
"1) 4% 40-year fixed rate mortgages (that Jim Cramer is now promoting) for any homedebtor or homebuyer, one house per person, payment of up to 30% of income, minimum 5% down, direct lending from Fannie/Freddie with no mortgage broker commission allowed."
Why stop at 4%? Why not 3%? Or 2%? Why not have a negative interest rate? Don't we want people to afford the american dream?
"9) $1 trillion five year green energy, infrastructure and transportation Manhattan project stimulus (UPDATE - BLOWING TONS OF CASH, NOT ENOUGH ON GREEN ENERGY)"
These are the same people responsible for our third world education system. These are the same kinds of people responsible for the DMV. Government throwing money at a problem rarely fixes it.
It's very simple. Free markets build themselves. We need to arrest and prosecute the criminals and that includes your best buddy Obama. Then we abolish the illegal income tax and shrink government to it's constitutional role.
We are headed for Weimar Germany thanks to these criminals in Washington and Obama continuing and expanding the criminal enterprises of the Bush clan.
You simply don't appreciate the gravity of the situation. Your 10 point plan of tinkering around with the economy isn't going to do jack sh*t.
Expose the banks and let everyone see their true balance sheets.
Drop Bush from Ben's helicopter smack into a mule cart in Afganistan.
Dress Cheney up like a girl and make him ride the subway in Brooklyn.
Hang Barney Frank naked over a pool of hungry gators. Just like in Jackass with a bloody raw steak shoved up his you-know-what.
Pimp Paulson off to a Mexican drug lord till he can't walk anymore.
That's a start.
We're screwed.
Geithner is covering up the facts - the banks are empty. Plain empty. I'd probably toss him into a vat of molten steel.
Hmmm, I started writing something but the more I wrote the more I realized that there's nothing to bring us back.
The best we can hope for is to allow entrepreneurs to flourish so new things can be invented.
Other than that, I think we are in checkmate.
SKF is for amateurs.
FAZ could give you a ten bagger if the dice roll good.
Pandit and Lewis getting the boot and being replaced by Obama cronies could do the trick.
Here's my smartass idea:
Humvee Demolition Derby in Mall parking lots.
Winner gets his car loan paid off.
1. Prison Camps
Most importantly, dot the country with mass prison camps. Anyone suspected of trying to destroy America's economic capacity will be held awaiting trial for treason.
For instance bring the banksters, relators, Toll Brother's shareholders, builders, lying homedebtors, Home and Garden channel staff, appraisers, GW, genius homedebtors, securities bundlers, raters, Lawrence Yun, and the staff of the Federal Reserve to the camps.
2. Restore the Gold Standard
3. Bankrupt those dysfunctional banks. Let the ones doing well thrive in their place.
4. Start rebuilding our bombed out cities. Rebuild the national rail system, give every city over 1 million a subway system, build a national bicycling network. Build some car free cities.
5. Arrest Ben Bernanke
1. By 2010, 50% of all new production passenger vehicles must by powered by hydrogen fuel cells
2. Require every political debate to contain an accurate summary of major campaign contributors for each candidate on the crawl
3. Go after the Orangeman and mortgage fraudsters, for real this time. I like the Special Indep Prosecutor idea
4. Overturn the Patriot Act and reopen the investigation in to 9/11
5. Build a massive passenger rail system across the U.S. Think Eisenhower Interstate Highway big.
6. Eliminate the Electoral College and use popular vote to determine the President
7. Let the Banks pay back the TARP money. A lot of them want to. Forcing them to keep it and pay the debt service is Fascist
8. Build a wall on the border with Mexico. Manet Napolitano and her 51 foot ladder nonsense be damned.
9. Reduce Realtor and mortgage broker commission to a max of 1% until 2015 and require them all to pass a criminal background check to each state's standards. No felons.
10. END F*CKING PHOTO RADAR nationwide.
Bonus #11. Make Barack Obama a Special Commissioner of NCAA sports. I think he's found his calling.
I have only 1 requirement: Hang them all!
1. Rapidly withdraw most troops from Iraq and Afghanistan while maintaining permanent bases in both countries without domestic deployment of ground troops. Tough love. Stay in Germany and Japan.
2. Fair Tax, damn it.
3. Eliminate the Department of Education
4. Eliminate the Department of Transportation
5. Eliminate the FEMA and the EPA
6. Eliminate the Federal Reserve
7. Without gold backed currency we must regulate fractional reserve banking. Mostly by allowing full central bank audits by Congress.
7. Allow the bankruptcy of the automakers, risky mortgage holders and other unwieldy and unprofitable entities. This is a massive stimulus, btw - without price fixing.
8. Invest in new domestic nuclear power plants and oil refineries and other proven energy production technologies.
9. Massive legal and insurance reform. Democrats hate this one. It flies in the face of their dreams of Socialized Medicine. They'd rather make the doctors out as the bad guys than the ambulance chasers like John Edwards.
10. Audit US gold supply. Tax benefits for goods produced in the US for international export.
11. Second day in office...
Cut the F**king taxes
Cut inheritance taxes
Eliminate the death taxes
Cut cap gain taxes
Jail Dodd, Frank, Cox, Mozillo...
Something significant about the number 10?
It's much simpler than that: NO(more) taxpayer checks for private investors.
QUIT HIDING SHIT.
Broke, failed banks/financials get liquidated. Walk the free-market/capitalism talk.
Market opens for HONEST capital without CROOKED competition.
Until this happens...fuck around all you like. Threaten us all with Socialist intervention.
It will be many, many years till we forget enough to enable another round of Ponzi.
What is it with politicians, commentators, news people, etc... wanting to "fix the economy". The best way and only way to "fix the economy" is to allow the invisible hand to take charge and allow the free markets to work.
We can't have it both ways; we want prosperity but no recessions or depressions. Capitalism is the best engine for increasing people's standard of living across the board.
The longer we delay the crash, the worse it will get.
Free mortgages for everyone and embrace the green religion. Keith these are not solutions they are the means of destruction.
www.fairtax.org GDP will skyrocket 11%, did I say JOBS!!!! Yes Jobs will skyrocket which our country NEEDS TODAY! 6700 families losing their homes daily will be able to keep them! For this reason alone the fairtax should be come law. Housing crisis id instantly gone! Incomes go up. Maufacturing jobs go through the roof, in fact it will solve our immigration problems too because we will have too many jobs and need positive immigration. www.fairtax.org learn about it. The more you do the more will like it. At first I wasn't sure two years ago. Then I studied and studied and the more I did, the more I realized the country needs this right now. If they can give corporate welfare they can give the people fair taxation. www.fairtax.org is the answer. It is transparent! This will be the greatest single shift of power to the "PEOPLE" when we put in law H.R. 25 or www.fairtax.org. The politrickster (most of them don't want this because it strips them of power because 50% of the tens of thousands corporate lobyists are for taxes! These politricksters in washington should have to wear their corporate sponsors on their suits just like Nascar drives. I am fed up with the non-federal reserve financial terrorists...they have brought our country to its knees. We need to support H.R. 1207 to audit the Fed...call your congressman and have his support HR25 fairtax. This what you can do for your country.
Imagine never filing a tax return again on April 15. Imagine the hundreds of millions of hours wasted in productivity...by all of us filling out tax returns? How about businesses? Imagine the Trillion dollars a year saved just on preperation and legal tax fees associated with trying to conform to 67,000 pages of useless IRS law...in fact per a 2005 study if you call the IRS for a question about any tax law written in those 67,000 pages of tax law...you have a 60% chance of getting a wrong answer. LET ME REPEAT THAT EVEN THE IRS ADMITS you will get a wrong answer from their trained employees about tax law 60% of the time. This is a damn broken system. Time to replace with a simple 130 pages of new law. www.fairtax.org This is my solution I support for getting this country back on its feet. IT IS TIME! END THE FED HR 1207 & www.FAIRTAX.org HR 25
11) Reduce federal employees in all departments by 35% within six months.
11) Arrest Mozilo!!!
2: Your anti-military views. Typical liberal mindset. Code Pink would love you.
How about an independent audit of the DNC and the RNC.
The two most corrupt corporations in the world!
Cut the F**king taxes
Cut inheritance taxes
Eliminate the death taxes
Cut cap gain taxes
Jail Dodd, Frank, Cox, Mozillo...
I second that" and add Arnold to the list
12) Fire all military 'brass' and donate their salaries and pensions to charities that help the homeless.
13) Abolish the CIA and NSA
Raise the income tax
Print a lot of money
Appoint cronies to my cabinet.
Bailout the crooks on Wall St.
Cover up or ignore the massive amount fraud that took place.
Raise the National Debt
Bankrupt Social Security by 2011.
Enrich my friends
Make sure I get my face on national TV every night
Pass the burden on to the next president
Oops. This is Obama's plan.
An immediate 50% reduction in congressional pay and benefits to show some sympathy and compassion for the unemployed.
(Almost) free electric power to individual and small business. Nuclear power plants everywhere.
Railroad system. Subways. Fair-tax (sales-tax). Regulate fractionary banking or switch to gold-standard. Enforce laws against fraud.Limit to 5 years all congressman terms. Vote only on the internet. Enforce imigration laws (big penalties for companies or individuals hiring non-documented imigrants ). No bailouts. Recourse bankruptcy. 2-3 $ /gal gas and diesel tax. Let the free-marke rule. Legalize pot and prostitution. No campaign contributors with more than 100$. Reward people who are living healthy. Reward saving -living.30% - 50% downpayment for every big ticket purchase. green energy in crisis time is a fake target. congress control over federal reserve. Linux for everybody :)
Consumption is over 70% of the U.S. economy. Ten point plans? How about a one point plan:
Stop going to work for one week. Stop shopping for one week. Stop paying your bills for one week.
At the end of the first week, martial law declared. All of America is ordered to go to work immediately by President Obama. The police are sent out door to door to force entire cities and neighborhoods to stop drinking their coffee and get to work.
At the end of the second week, the government is begging America to get back to work. Obama is even going to throw a stimulus wage increase for those who return (scabs).
At the end of the third week, the government collapses, and they stop stealing our hard earned tax dollars and giving them to the banksters. (not to fear, the government is going to collapse anyway after the banksters get done having their way with us, at least this way we can have a little pride).
The Ghandi Way. Passive Resistance. No riots, no demonstrations. We can even stay home and sing lalalalala.
Only problem is that America is so ass deep in debt that they can't afford the payments on the granite, travertine and hickory after missing just one week of work, and we all know how important it is to have those HGTV upgrades right?
So, whose fault is this whole mess anyway?
"...The longer we delay the crash, the worse it will get..."
C'mon brother; just a few more years.
We fucked up, rode it all the way down from $14k, and desperately need a do-over.
1. Congress goes on social security & medicare with no additional retirement benefits
2. no union/corporate personhood
3. no taxpayer funded benefits for illegals
4. legalize industrial hemp
5. legalize, strictly regulate & tax non-synthetic drugs; permit states to ban them; permit employers to discriminate against users
6. no National Flood Insurance Program
7. no bailouts
8. increase monetary transparency
9. open all political debates on public TV to at least 4 parties or independents
10. no GSEs
1. put mines on the border
2. put wall st under military rule
3. mass arrests of corrupt REIC and Wall St bankers
4. arrest Bush-Cheney neo con untermensch
5. cut overseas bases 50%
6. ban Nascar
7. bulldoze Detroit and start over
8. man mission to Mars
9. tax outsourcing
10. green movement, green energy
Repeal the Corporations act so that forming a corporation becomes illegal.
Create member-only banks. The depositors are the ones holding the shares and decide who will be the directors and so on.
Businesses must be run on a co-operative system. Only the employees and the customers are allowed to buy shares.
End the Federal Reserve
Close the Electorate College.
Have a one-person one-vote system.
End representative democracy and have direct democracy.
Have referenda on issues on a one person - one vote basis.
End affirmative action policies - these have introduced a new kind of discrimination. You cannot fight discrimination with discrimination.
With these broad strokes, one can eliminate many of the problems facing the US today eg. having a referendum system will mean the end of all these wars and the foreign bases and the other meddling that goes on. It will end the corruption of the government in giving handouts to businesses that they favor like certain banks and so on.
SKF is for amateurs.
FAZ could give you a ten bagger if the dice roll good.
I like the way you think. And Meridith Whitney was just bashing the banks again (deservedly). FAZ to the moon!!!
1) 4% 40-year fixed rate mortgages
*** All consumers needs help. If they want consumer spending to increase then they need to throw us all a bone.
2) Pull US troops out of every nation on earth and close down every foreign military base by 2015 (UPDATE - IRAQ WITHDRAWAL COMING)
*** Agreed.
3) Eliminate market to market accounting and restore the uptick rule (UPDATE - M2M CHANGED, UPTICK NEXT)
*** Two VERY bad moves. Keith I am very dissapointed.
4) Ban SKF and all ultra-short stock ETFs (UPDATE - NO PROGRESS)
*** Third bad move. Keith, you are losing me.
5) Nationalization of Citibank and Bank of America, which will then be used for direct lending by the government
*** FORTH bad move. Keith, did you read what you wrote? "Governmanet nationalization of private bank in order to loan to the government"?? Cut out the middle man.
6) Forced merger and pre-packaged bankruptcy of Ford, Chrysler and GM into one single private, non-union and debt-free national car company (UPDATE - GM AND CHRYSLER BANKRUPTCIES ON THE WAY)
*** FITH bad move? Remember the Yugo?? Jeez, Keith you got to come home. Too much socialjizm in the water over there.... Beside, if you kill the unins, you just make more foreclosures.
7) $100,000 maximum IRA
*** Boy you ARE stupid. No sane person will sink thier money into the stoack market if Mark-to-Market is killed.
8) 0% cap gains tax 2009 and 2010
*** The only gains were in the shorts, but you want to end that.
9) $1 trillion five year green energy, infrastructure and transportation Manhattan project stimulus (UPDATE - BLOWING TONS OF CASH, NOT ENOUGH ON GREEN ENERGY)
*** Crony-capitalism that is all. I'm sure Al Gore has a start up just ready.
10) Raise Social Security retirement age to 72 effective 2015
*** Baby Boomers, The Scourge of the Earth will never agree. They run this shit now, bitch!
1. Implement the line item veto.
2. Use it on the porkulus stimulus packages that come out of congress.
3. Don't hire tax cheats on my cabinet, even if they are very 'good'.
4. Enforce the rule of law. People who commit fraud must face charges, from fines to bonus recapture to jail time.
5. Use this enforcement of the rule of law to boost the confidence of our financial system.
6. Allow capital losses to offset income tax by 100%, not $3000 per year as has been the case for a long time now.
7. Push congress to simpify the tax code. No mortgage deduction. No AMT. No taxing ex-pats.
8. 30% wage cut on any govt worker making more than $100K per year. 20% cut on any worker making over $50k per year. 10% on the rest. This applies to pensions as well. Restrain spending at the gov't level.
9. Reduce the tax rate on interest income to promote savings.
10. Build gov't programs to focus on worker productivity increases the way the New Zealand gov't is doing.
11. Bonus- work to preserve the purchasing power of the US dollar. Take steps to marginalize, then eliminate the Federal Reserve.
1)Identify and reduce government waste. Allow public audits of government agencies.
2)Enlarge the military.
3)Secure the borders with the military.
4)Reward domestic ethanol and biodiesel car users and manufacturers.
5)Immediately raise treasuries to 5%
6)Back all dollars with either commodities or security backed currency.
7)Enlarge freedom. Repeal property tax. Repeal gun control. Legalize Marijuana. Eliminate all ridiculous laws. Put criminals to work paying their debit to society mining metals or producing for the commodity backed dollars.
8)Give American companies that produce something and hire domestically huge rewards.
9)Reward cash payment while punishing debit with high interest secured debit that benifits the treasury and sound money creation.
10)Remove status quo and allow schools to function independently and meet the needs of their specific community.
11) Shorten government terms. Eliminate electorate college. Eliminate representation and cause all laws within the original framework to be voted on by the people.
12) Sell me the contents of the Smithsonian institution for $1
"...Oops. This is Obama's plan..."
Getting closer to 100 days; the record will be appalling by then.
No thanks AT ALL to the people who never gave him a chance; all you did was provide an excuse and belabor the obvious/inevitable.
Thanks for muddying the waters.
Dismantle the military and announce to every American that they are a broke bannana, third world, roasted snapper turtle country.
Blogger JaneZ said...
Consumption is over 70% of the U.S. economy. Ten point plans? How about a one point plan:
Stop going to work for one week. Stop shopping for one week. Stop paying your bills for one week.
At the end of the first week, martial law declared. All of America is ordered to go to work immediately by President Obama. The police are sent out door to door to force entire cities and neighborhoods to stop drinking their coffee and get to work.
At the end of the second week, the government is begging America to get back to work. Obama is even going to throw a stimulus wage increase for those who return (scabs).
At the end of the third week, the government collapses, and they stop stealing our hard earned tax dollars and giving them to the banksters. (not to fear, the government is going to collapse anyway after the banksters get done having their way with us, at least this way we can have a little pride).
The Ghandi Way. Passive Resistance. No riots, no demonstrations. We can even stay home and sing lalalalala.
Only problem is that America is so ass deep in debt that they can't afford the payments on the granite, travertine and hickory after missing just one week of work, and we all know how important it is to have those HGTV upgrades right?
So, whose fault is this whole mess anyway?
April 7, 2009 6:26 AM
JaneZ, a most brilliant idea. Being Indian, I didn't even think of it myself. Ghandi's idea of passive non-violent resistance is still relevant today. We should all stop going to work and pay our bills and then we will have TRUE CHANGE. Then those Wall Street con men will straighten up.
Anonymous vanilla ice said...
1. Prison Camps
Most importantly, dot the country with mass prison camps. Anyone suspected of trying to destroy America's economic capacity will be held awaiting trial for treason.
For instance bring the banksters, relators, Toll Brother's shareholders, builders, lying homedebtors, Home and Garden channel staff, appraisers, GW, genius homedebtors, securities bundlers, raters, Lawrence Yun, and the staff of the Federal Reserve to the camps.
2. Restore the Gold Standard
3. Bankrupt those dysfunctional banks. Let the ones doing well thrive in their place.
4. Start rebuilding our bombed out cities. Rebuild the national rail system, give every city over 1 million a subway system, build a national bicycling network. Build some car free cities.
5. Arrest Ben Bernanke
April 7, 2009 1:36 AM<<<
i like it. do to them what they intend to do to us. how appopriate.
Simple....let the next Great Depression happen.
The Depression is the much needed hangover after years of "partying".
Fat America needs to go on a diet.
Companies that are on the rocks NEED to fail (yes even big banks and AIG).
Only thru the pain of true economic suffering will Americans learn how to live again within their means.
In the meantime maybe we will lose weight, learn to live with less, rediscover family/friends, read more, and start walking/biking (exercise) more.
In trying to fend off the inevitable, one can only hope to divert the negative impacts in another direction.
But in the end...gravity will win. It always does.
Anonymous said...
Ghandi's idea of passive non-violent resistance is still relevant today. We should all stop going to work and pay our bills and then we will have TRUE CHANGE.
-----------------------------
I know that it would definitely get their attention, and if millions did it, what would they do? Think about it, really, what would they do? Trash our FICO scores? bwhahahaha
It would make me proud to be an American again. It is really hard to be proud of my country these days.
http://peakempire.blogspot.com/2008/05/population-purge.html
I like the referendum idea for non-emergency issues because our representatives ignore us when we scream no bailouts, and pretty much everything else.
Banning ultra-short ETF's will have about as much impact as restoring the uptick rule to a unhealthy market -- ZERO!
What makes a stock go down is lack of buyers; i.e., people smart enough to know when a crappy company's stock is overvalued.
The banking sector imploded becuase the banks are INSOLVENT...not becuase of FAZ.
Quit whining, Keith...c'mon, bro. Quit listening to that gas-bag Cramer.
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