America Facing Depression and Bankruptcy

-- reinvigorate industrial America;

-- end Wall Street's financial chokehold;

-- return money creation power to Congress as the Constitution mandates;

-- encourage publicly-owned state banks like North Dakota's, making it prosperous when most states are debt-strapped and faltering;

-- create full-time, good-paying jobs with benefits; don't destroy them;

-- bring back those offshored;

-- protect homeowners from foreclosure;

-- re-institute progressive taxes, including a Tobin tax (perhaps 1%) on all speculative financial transactions, a millionaire's/Wall Street bank levy generating a huge windfall, enough to smack if not close the budget gap, making those most able pay; for example, the Bank for International Settlements estimated annual 2008 global over-the-counter derivatives trading at $743 trillion; a 1% tax would yield $7.43 trillion, and if taxes curbed speculation, the take would still be enormous;

-- dismantle corporate predators;

-- think small and local, not big and global;

-- reinstitute financial, environmental, and other consumer-friendly regulations;

-- get money out of politics;

-- end the two-party monopoly;

-- institutionalize a free, open, fair media and Internet;

-- assure equitable social benefits for all, including universal, single-payer health care, government-supported public and higher education, and more; and

-- reinvigorate an eroding democracy before it's too late to matter.

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