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America Facing Depression and Bankruptcy

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-- 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;

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-- 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;

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-- 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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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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Catherine Austin Fitts was on Alex Jones a few day... by Mike Preston on Friday, Aug 27, 2010 at 6:14:22 AM
The robber class taking advantage of the lower cla... by Starla Immak on Friday, Aug 27, 2010 at 11:46:51 AM
The Great Depression ended when the U.S. mobilized... by Mark Goldes on Friday, Aug 27, 2010 at 12:11:21 PM
Your first prescription was to end the ruinous war... by Laura Stein on Friday, Aug 27, 2010 at 1:55:38 PM
The bottom line is that the elitists want the whol... by MARGARET BASET on Saturday, Aug 28, 2010 at 2:28:22 AM
I don't think that is really the problem but rathe... by PrMaine on Monday, Aug 30, 2010 at 9:59:19 AM