How to Save the U.S. Economy

http://www.infowars.com/?p=5205

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gregkdc Says: October 10th, 2008 at 10:24 am
I don’t understand what the author is trying to accomplish with more inflationary vouchers? It may be good to jump start things, but I think it is bad in the long run. The article starts off with the obvious statement saying the problem is that we have outsourced all of our industries. So why wouldn’t the solution be get our industry jobs back? The corporations in the US got too greedy and forgot about the parasite theory. That is if a parasite gets to aggressive and kills or harms its host (the US population loosing jobs to illegal immigrants or to outsourcing) it in the end kills itself. The stock market and the banks are getting exactly what they deserve. Unfortunately they may take all of us all down with them. I hope that next time they remember who it is that makes it possible for them to be in existence. The solution is not more checks from government the answer is to start manufacturing and mining again. We should drill our own oil and turn the trade deficit around to a positive number. Last we need to get rid of the Federal Reserve those dirty bastards make our economy based on dept, inflation and lies.


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8 Letsbereal Says: October 10th, 2008 at 10:06 am
The real problems:1- Confidence: Counerparty risk in the Credit default swaps and the interest rate swaps are at the root of all big losses and recession which slows trade worldwide2- Expansion of consumer and Credit card debt has reached its limits which will slow down consumer demand.3- Defaulting Home Mortgages.
Solutions:
1- Completely sort out counterparty risk for credit default swaps and interest rate swaps or confidence will not return to the credit markets.A-This only can be done if the current failing financial panky dokes are removed from their offices andB- start publishing real figures again which are “for real” this time.Mind You!: If you have the right stuff on the right place it doesn’t matter if the cat is called “Private” or “Nationalised”. The real problem continous if these criminal greedy dokes stay where they are right now especially when the whole “Fancy Fair” is Nationalised.
2- I know people are allergic for the term”New Deal” but to get consumers on the streets agian some sort of new deal (Not exactly like the historic one) has to happen!
3- Separate the bad mortgages from the good ones.- Revalue the mortgage-backed securities accordingly.- Stop expensive wars.- Stop expensive bailouts.


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kid mercury Says: October 10th, 2008 at 10:01 am
my problem with this plan is that it is a government-based plan. does anyone really think this government works? let us not delude ourselves, our government is broken — criminally broken.
we need to establish our own currency, our own economy, our own monetary policy. we need to start converting our US dollars into a new currency, or better yet, new currencies. this is how we launch an american revolution without resorting to physical warfare — only economic and psychological warfare.
at least that’s my $.02.

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