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John Boehner's Worst Nightmare

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House Minority Leader John Boehner says "no" (to pretty much everything) by Kevin Gosztola


If Republican House Minority Leader John Boehner thinks the Obama Administration's and Democrats' agenda for this nation is infuriating, wait until he encounters the following proposed agendas.

CMN News, an independent radio show that can be heard live on "Talk Shoe" every Saturday at 3 pm ET, recently had its host and panel participant give their "Top Ten Priorities Lists for America." Understanding that often radio focuses on railing against the latest problems and controversies in politics, this was an effort to put forth something constructive. So, here they are.

TOP TEN PRIORITIES FOR AMERICA LIST - CMN News Host Chris Novembrino

#10 Regain Economic Upperhand on China

Tariffs, etc. Whatever it takes. They've been undervaluing their currency against us. And there is an economic cold war going on between us and China and they want to win.

#9 National Alternative Energy Initiative

Wind, solar, etc. We need to get off our antiquated energy system in this country. Our grid's getting old. We have water pipes that are heinously outdated. Our energy, our resources we've fallen terribly behind on them. This includes our automotive industry. We need gasoline, for sure. We need diesel though primarily for tractor trailers, eighteen wheelers that are doing all the transport and heavy lifting. And, I would end all commercial airlines. This would also open up more gas for those eighteen wheelers. We need eighteen wheelers for the moment especially until we can phase out. But, do we need a commercial personal fleet of vehicles that's driven on gasoline? No, but we're not going to get there without state intervention and that's why we need a national alternative energy initiative.

#8 Secure the Border

We need to do it especially if we're going to couple this with a withdrawal. We've had the capabilities to do this for years. And we have the capabilities to have a secure border and not be spending all this money and to have a national defense that is strictly --- and this is important --- national. This doesn't mean get rid of intelligence programs on other countries. We need to know what other countries are doing. But, we don't need to have a military footprint in these countries. We don't need to have 50,000 troops hanging out in Iraq afterwards.

#7 End the Wars

Bring our troops home. All of them. Now you may ask, how will we stay safe? See #8.

#6 Strong Regulation of the Financial Investment Sector and Wall Street

This includes derivatives, etc. coupled with the establishment of a strong and meaningful financial service transaction tax. And, raise the capital gains tax to about 35%. The revenue generated from this should go to pay down the national debt.

Among the first proponents of a financial transactions tax was my favorite economist, John Maynard Keynes, who first proposed this in 1936. He proposed that a small transactions tax should be levied on the dealings on Wall Street in the United States where he argued that excessive speculation by uninformed financial traders increased volatility. For Keynes, the key issue was the proportion of speculators in the market and was concerned if left unchecked these players would become too dominant. Keynes wrote, "speculators may do no harm as bubbles on a steady stream of enterprise. But, the situation is too serious when enterprise becomes the bubble on a whirlpool of speculation."

We have this in our system now and we need to get it under control. Wall Street is way, way, way too loose. And the reason you don't hear about it more on the media is because they own the place.

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Kevin Gosztola is a writer and curator of Firedoglake's blog The Dissenter, a blog covering civil liberties in the age of technology. He is an editor for OpEdNews.com and a former intern and videographer for The Nation Magazine.And, he's the (more...)
 

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Beohner's Nightmare by Nancy Welch on Wednesday, Aug 25, 2010 at 8:13:35 PM