Richard Collins; Claremont, CA

Irate Icahn - Fast Money Recap (9/19/08)

Cantab, you offered some good information, which is common knowledge, but offered no solutions. That may be better then the Congress; they cannot even DEFINE the problems. Could it possibly be that they ARE the problem?

Here are some changes I'd like to see:

1. Cut the size of Congress by one-half __ one Senator from each state, combine Congressional districts to cut the House by one-half. These people are falling all over each other to the point of MISrepresentation. It would take a Constitutional amendment __ NOT likely. But, is dead-weight ever a good thing?

2. All future government entitlements eliminated. All government employees on Social Security, with FICA payroll deduction beginning with all new hiring or military entry as of January 1. Again, NOT likely. "Sponges will "inertially" continue to soak up anything available."

3. Health care is not a right __ it is a product and a service. Does the government buy your food for you? Without food you will die, absolutely. Without health care you probably will not. You may die because OF the health care. I ask YOU, which one is more important? Spread the peril of needed health care over our 300 million population by making the U.S. government the insuror, with EVERYONE PAYING EXACTLY THE SAME PREMIUM __ TO THE PENNY!

4. For all of those who want higher taxes, add a line on all tax return forms below the amount of tax owed, so those who want higher taxes can make a contribution over and above what they would owe. I would not want to deprive them of the opportunity to show their generosity.

You already know that the stock exchanges are casions __ lets see if any of YOU out there have any ideas to change that.


Richard Collins
Claremont. CA

Irate Icahn - Fast Money Recap (9/19/08)

Carl Icahn is exactly right. Too, why are shares of publicly owned corporations ever "given" to management (more correctly, mismanagement), or anyone else? No more stock options, no more stock dividends, EVERY share of a publicly owned corporation should have to be purchased.

Simple mathematical formulas can be applied to all public companies to award compensation to management __ enough of this back patting and pocket stuffing between directors and CEOs.

Richard Collins
Claremont, CA

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Daniel Kowkabany

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Dan Kowkabany