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OpEdNews Op Eds    H3'ed 9/27/15

Comprehensive Progressive Agenda & Wishlist Report

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40. Financial Services Conflict of Interest Act- 'Anti-Golden Parachutes' act

Adopt the http://www.baldwin.senate.gov/press-releases/today-baldwin-and-cummings-to-introduce-financial-services-conflict-of-interest-act">legislation, H.R.3065 -- 114th Congress (2015-2016), introduced by U.S. Congressperson Tammy Baldwin (D-WI) and Representative Elijah Cummings (D-MD) that would ban incoming government appointees from taking rewards like bonuses, called golden parachutes, from their previous private sector employers and lobbying groups. In limiting conflicts of interest, it would likewise require senior government controllers to recuse themselves from any work that would especially privilege any employer or client they had in the two years prior to joining the administration.

41. Close the Revolving Door Act

Pass the bill, https://www.govtrack.us/congress/bills/113/s2417"> Close the Revolving Door Act (S.2417 113th, 2014) introduced by Senators Michael Bennet (D-CO) and Al Franken (D-MN) to boycott the unbelievable routine of previous individuals from Congress trading in for spendable dough as large cash lobbyists. It builds punishments for breaking the https://en.wikipedia.org/wiki/Lobbying_Disclosure_Act_of_1995">Lobbying Disclosure Act of 1995; broadens the restriction on congressional staff getting to be lobbyists, from one and only year to six and gives public in general better online access to data about who lobbies Congress.

42. Student loans

Allow Student Loan Refinancing For All Students to avail themselves of lower and fixed interest rates. http://petitions.moveon.org/sign/allow-student-loan-refinanci">Warren Bill. (Please sign petition). Public support for this is quite high as shown in a November 2014, http://newscms.nbcnews.com/sites/newscms/files/141581_november_nbc-wsj_filled-in.pdf">NBC/Wall Street Journal survey reported that 82 percent of Americans support giving access to lower expense student loans and giving more opportunity to the individuals who are paying off their student advance debt.

With student loan debt in this nation standing at $1.16 trillion in https://usatcollege.files.wordpress.com/2015/05/ussa-college-affordability-factsheet.pdf">2013, and are now approaching $2 trillion, affecting 40 million students, and all the more alarmingly, the normal student debt for school graduates in the class of 2014 is $33,000; and that as the aggregate obligation owed in student credits keeps on rising, their loan renegotiating the terms is turning into an undeniably viable alternative for graduates; renegotiating student debt can bode well. With interest rates still close to historic lows, renegotiating student debt into lower and fixed rates is highly beneficial in the repayment of the loans and to reduce the rising incidence of http://www.brookings.edu/~/media/projects/bpea/fall-2015_embargoed/conferencedraft_looneyyannelis_studentloandefaults.pdf">defaults that are mostly concentrated amongst those who attended for-profit and community colleges.

This manifesto is for starting a debate that is overdue on how to revert back from elite-led republicanism into a democratic state that the founders had in mind and generations of US soldiers were thinking about when they went to war. Then all kinds of things will become possible. As voters and taxpayers, we deserve better than this impasse and defeat, and it is time to get back in touch with our progressive roots.

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I am an accounting instructor in Iowa. As a progressive, my mentor was the late Sen Paul Wellstone of Minnesota. I worked for him in all his campaigns since 1992 until his death in a plane crash in 2002. In all regards, he was a constant (more...)
 

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