Quote:
Originally Posted by notime
>>>What would this be exactly ?
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Stop bailouts. Let the banks fail. Let people lose their homes. Flush the malinvestment back out of the system so things can get back to normal. It will be hell for a lot of people for around 2 years or so. Maybe less. Will people be able to get jobs? Sure, but probably not the kind of jobs they want. Then after 18 to 24 months things will pick up again and the country will be healthy again. The current route is just going to lead to 10 years of hell.
I wrote exactly what I would do in another thread a few days ago.
Quote:
Originally Posted by Ethersync
Off the top of my head...
- Stop bailouts and let these banks fail.
- Setup 10 new national banks. Fund them with money earmarked for bailouts. Clean balance sheets and ready and able to lend. IPO them and put them on a path to being private entities.
- Issue and alternative gold backed currency that the Federal Reserve does not control.
- Legalize hemp production.
- Immediately stop corn farming subsidies. (Good bye HFCS)
- Immediately end import tariffs on sugar. (Good bye HFCS)
- Pardon non-violent drug offenders.
- Castrate the DEA.
- Start a plan to shut down a huge number of the military bases we have around the world. This would have to be handled with care though because of the current economy and bringing home soldiers will mean they will need jobs and timing is tough for that.
- Sign an executive order that requires all members of the house and senate to completely read and understand legislation they are signing. They must declare this under oath.
- Ban naked CDS contracts and force the creation of an exchange traded CDS market (transparency).
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