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  • 3 Things America Needs to Do to Get the Economy Back on Track [View article]
    Your trying to move a 14 trillion dollar economy and you are tinkering with gas mileage over 10 years! Brilliant. Reducing trade deficit -
    how about the hundreds of billions left in the ground from not drilling for gas and oil over 20 years! No mention. It is a strategy that every nation has taken on - drilling in every conceivable area looking for sucker nations that believe in preelection fabricated polar bear sitings.
    They even enrich uranium in oil rich nations since it is cheaper and export the rest for hard cash.
    Norway with a pop of 5 million awards the Nobel Peace to a carbon credit politician and then accumulates close to 400 billion in it's piggy (polar) bank.

    If people are sincere about energy they would restrict the 15 million illegal which would burden our roads and infrastructure. They would tax second homes that need to maintained year round. None of this would happen because it is not a real issue but fake.

    China trade is a joke they don't have nor does any other exporter have significant capital yet to import from us - therefore our trade deficit would not be impacted.

    China currency has been manipulated but it's the same game as many other nations all trying to export. We are so burdened with debt, regulation and litigation - we need to eliminate the corp interest expense deduction and replace it with dividend payment deduction. But of course this will never pass because both banks and shareholders are now evil - so we will end up probably just chasing private capital out so that we end up like all the liberal states of NY Calif - request federal assistance.

    Banking reform gets at a few 20-100 million in bonuses and compensation - a total red herring. You conveniently forget to mention that almost half the mortgages in America are now controlled by politicians - 4 trillion. This was inherited from an out of control politician sponsored agency. Now what? I guess we vote on each foreclosure. This is the elephant in the room. No one is losing sleep that a bunch of clowns got overpaid for a few years. How about this 4 trillion that doubled the national debt in a weekend. Who held up reforms and scrutinty on the politically inspired Fannie Mae agency - who kept the campaign contributions going, who wants to distract people from an investigation?
    Sep 28 21:01 pm |Rating: 0 0 |Link to Comment
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