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Old 06-09-2011, 08:41 AM
jms62's Avatar
jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
Posts: 19,807
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1. Banking Reform
Immediately reinstate Glass Steagall Act which was implemented during our last depression to protect us from greedy banker speculating with other peoples money.

2. Impose 50% margin requirements daily mark to market on all derivatives transactions undertaken by investment
banking.

3. Unfortunately this boat has sailed but Wall Street going from partnerships to publically traded companies
was an absolutely horrible idea. Give bankers other peoples money to bet, pay them a huge salary to bet it
and give them huge bonuses based upon the profits they make and pay them a huge severance if they fail sounds
like a receipe for disaster to me.

4. Impose Tariffs on all products produced on other countries at least EQUAL to the tariffs they charge us. Use
this money to pay down debt and for only that purpose.

5. Impose additional tarrifs on products/services on products produced in other countries who have a trade imbalance with us.
Use this money to pay down debt and for only that purpose.

6. Reduce Corporate Taxes on products that are 100% produced in the United States.

7. Suspend H1B program immediately and revoke any extensions given. Give 90 days for those on extension to leave.

8. Reinstate H1B program only when unemployment in this country is below 5%. To encourage training of US citizens
and discourage H1B abuse charge 100K one time charge for H1B visa and an additional 25 K to each company using person on Visa
yearly. This program was initially created to import talent that we simply couldn't find here but it has been grossly
abused to wage warfare on the american worker. Any monies collected from this would immediately and only go
towards funding education.

9. Withdraw all of our troops from our ill concieved wars. Remove presidental power to order troops to another
country under any circumstances without congressional approval.

10. FLat tax for all with only deductions for medical or primary residence mortgage or purchase of non
gas powered vehicles.


11. Mandate the elimination of gas powered vehicles in 25 years and slowly phase in the amount that can be produced/imported.


12. Reduce foriegn aid immediately by 50% and use the savings to pay down debt.
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