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Old 02-23-2009, 07:52 AM
 
24,388 posts, read 23,044,056 times
Reputation: 14979

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I'd give meaningful tax cuts to the middle class to give them a little hope and breathing room. I'd also cut the governments budget, ALOT of entitlement programs would get cut. The rich have enough so they wouldn't get anything. The poor don't contribute as much so they'd get only a little. I'd call for a special prosecutor to go after all those responsible for the deregulation of the mortgage industry, many elected officials would be out of jobs, jailed, and barred from any business contact with those in power. The same prosecutor would go after CEOs that bankrupted companies. I'd place stricter rules on lenders and have much tougher mortgage requirements. Term limits as follows: 12 years for senators, 12 years for congressmen, 8 years for Presidents, 20 years for Supreme Court Justices. Tax cheats would be hunted down. I'd let the market correct itself with regard to home prices instead of trying to keep it artificially inflated.
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Old 02-23-2009, 08:03 AM
 
Location: PA
5,562 posts, read 5,680,664 times
Reputation: 1962
Folks in the words of Ross Perot.. WE ARE BROKE.

Bring the troops home close all the miltary bases around the world we have 700 of them around the world. that should save us a few billion.
Cut all spending the government is broken stop borrowing from China.
Cut all taxes for EVERYONE by 50% and corporate and captial gains taxes down to 5% for 5 years.
By the end of the 5 years when the government tells you they want to raise the rates again every America will tell them to go to HELL.
We actually will have found our freedom again.
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Old 02-23-2009, 08:37 AM
 
Location: Everybody is going to hurt you, you just gotta find the ones worth suffering for-B Marley
9,516 posts, read 19,999,259 times
Reputation: 9418
I'd put a cap on how high rents can go Our landlord has raised rent $200 throughout '08 ($150 right before Christmas alone) and is planning to raise them again soon. Landlords and their greed are a huge part of the problem. I know two personally who brag about how far above and beyond their overhead they make is, their profit. Not only that, they brag about how well other landlords they know are doing but that they're doing even better. I know, the point is to make a profit but not to the point of greed and making it difficult for people to survive and raising the cost of living. I think landlords are out of control.
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Old 02-23-2009, 09:01 AM
 
Location: The ends DO NOT justify the means!!!
4,783 posts, read 3,740,370 times
Reputation: 1336
"Fixing" the economy is laughably simple. The problem is that any rational solution would be zealously attacked by the parasites that live among us or those in godvernment who see themselves as omniscient directors of the unwashed.

One solution would be to eliminate all taxation on business, which would flood America with unprecedented investment. Read as GDP growth never seen before. Or even for the business-hating clowns, unprecedented job growth for those who have no market value of their own.

Another alternative is merely the mirror of the first, but with benefits to human freedom as well. Taxation limited to only business entities and not individuals. While this could stifle business investment on some levels, it would at the same time provide an place where business could operate in an environment where the populace has the largest buying power in the world.

Like many have already eluded to, spending on our eutopian dreams, will eventually destine us to extinction as a nation, as it has for all nations in the past. We need law to end our nearly century-long obsession with socialism. Perhaps a constitutional ammendment to prohibit spending by congress beyond the previous fiscal year tax revenue.

I personally would like to see a 90% law. Congress would not be permitted to spend beyond 90% previous year's tax collection. The additional 10% could then be used to pay down our debt so that we could at some point in the far future become independent of the Rothschilds.

90% should also be required to even pass spending bills in my humble opinion. I can't imagine that much special interests could pass the 9 out of 10 requirement. Maybe then Congress would finally pass a couple of bills that would actually benefit the "common good" and not the special interests of parasites or power-grabbers.
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Old 02-23-2009, 09:08 AM
 
1,591 posts, read 3,551,196 times
Reputation: 1175
Quote:
Originally Posted by irspow View Post
"Fixing" the economy is laughably simple. The problem is that any rational solution would be zealously attacked by the parasites that live among us or those in godvernment who see themselves as omniscient directors of the unwashed.

Like many have already eluded to, spending on our eutopian dreams, will eventually destine us to extinction as a nation, as it has for all nations in the past.
Interesting ideas -- just look at what's happening to California. As goes California, so goes the nation!
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Old 02-23-2009, 10:05 AM
 
Location: Texas
38,859 posts, read 25,521,957 times
Reputation: 24780
Lightbulb If you were predisent, what would you do to help/stimulate the economy??

Quote:
Originally Posted by nature's message View Post
I see that some people in this forum think they can do better than Obama. Even if you don't think that, I still would like to hear about what you would do to help the economy.

I'd funnel government spending into tangible projects that would employ lots of people and purchase lots of materials. In other words, the exact opposite of what Bush did for 8 years. He ran up government debt to record levels, but didn't purchase anything.

Instead, he borrowed billions from China to fill in the shortfall to continue daily government operations. The shortfall was created by giving unrequested tax breaks to billionaires. The Bush spending just gave ultrawealthy people more money, which they probably invested in overseas hedge funds to avoid more taxes. It was totally unproductive spending that took money out of the economy.
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Old 02-23-2009, 10:10 AM
 
1,048 posts, read 2,387,181 times
Reputation: 421
If I were predisent, I would invest in spelling classes so people could better themselves.
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Old 02-23-2009, 10:51 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,363,905 times
Reputation: 12648
Quote:
Originally Posted by nature's message View Post
I see that some people in this forum think they can do better than Obama. Even if you don't think that, I still would like to hear about what you would do to help the economy.
Export, export, export. Lower the cost of doing business in the US without restriction. Eliminate all corporate taxes (even among US companies, high profit endeavors are routinely done off shore to avoid US taxes while money losers are done here). Reduce or eliminate foreign aid. Immediately round up and export all illegals. End anchor babies and spouses. Everyone gets the same generous voucher for their child's education. Spend it as you like. Free college and trade schools for anyone willing to work hard and achieve. End all forms of government social engineering. Don't have the grades to get into the U of M Law School but you're an underprivileged black female paraplegic. Too bad, should have studied harder.
Drill, drill, drill. Mine, mine, mine. Electric cars? Great idea but how do we charge them up without cheap electricity from nuclear and coal? (Alternative sources of energy cost $0.37/KW HR vs. $0.06/KW HR for nuke, coal, hydro) Stupid thing to trade one energy crisis for another. Bailouts are a bad idea. Your bank purchased a toxic mortgage? Good, we'll buy the house for dimes on the dollar and rent to the people who lied on the loan application. Can't make fuel efficient cars profitably while the UAW holds a gun to your head? Fine, file for bankruptcy. When the reorganization is done and the UAW members are working for half the wages and benefits they used to get, put the US auto industry to work manufacturing the cars and trucks of the future. The government can be their first customer. Don't like US wars in the Muslim world? Think we should mind our own business? OK. but all the Muslims have to leave the US so we don't have another 9/11. It's one or the other.
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Old 02-23-2009, 11:03 AM
 
8,652 posts, read 17,234,865 times
Reputation: 4622
Quote:
Originally Posted by Public_Newsense View Post
I'd put a cap on how high rents can go Our landlord has raised rent $200 throughout '08 ($150 right before Christmas alone) and is planning to raise them again soon. Landlords and their greed are a huge part of the problem. I know two personally who brag about how far above and beyond their overhead they make is, their profit. Not only that, they brag about how well other landlords they know are doing but that they're doing even better. I know, the point is to make a profit but not to the point of greed and making it difficult for people to survive and raising the cost of living. I think landlords are out of control.
I'm a LL and I do everything I can to keep from raising the rent, but when the tax man raises taxes I refuse to eat them. Rental property is a large investment and you can go years with out making a profit.
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Old 02-23-2009, 12:02 PM
 
Location: Democratic Peoples Republic of Redneckistan
11,078 posts, read 15,074,986 times
Reputation: 3937
Quote:
Originally Posted by momonkey View Post
Export, export, export. Lower the cost of doing business in the US without restriction. Eliminate all corporate taxes (even among US companies, high profit endeavors are routinely done off shore to avoid US taxes while money losers are done here). Reduce or eliminate foreign aid. Immediately round up and export all illegals. End anchor babies and spouses. Everyone gets the same generous voucher for their child's education. Spend it as you like. Free college and trade schools for anyone willing to work hard and achieve. End all forms of government social engineering. Don't have the grades to get into the U of M Law School but you're an underprivileged black female paraplegic. Too bad, should have studied harder.
Drill, drill, drill. Mine, mine, mine. Electric cars? Great idea but how do we charge them up without cheap electricity from nuclear and coal? (Alternative sources of energy cost $0.37/KW HR vs. $0.06/KW HR for nuke, coal, hydro) Stupid thing to trade one energy crisis for another. Bailouts are a bad idea. Your bank purchased a toxic mortgage? Good, we'll buy the house for dimes on the dollar and rent to the people who lied on the loan application. Can't make fuel efficient cars profitably while the UAW holds a gun to your head? Fine, file for bankruptcy. When the reorganization is done and the UAW members are working for half the wages and benefits they used to get, put the US auto industry to work manufacturing the cars and trucks of the future. The government can be their first customer. Don't like US wars in the Muslim world? Think we should mind our own business? OK. but all the Muslims have to leave the US so we don't have another 9/11. It's one or the other.
Export what???? Stupidity ??? We have nothing left to export
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