barcncpt44's Blog

Gosh; I am getting sick and tired of what's going on in Washington and at Wall St.  Let's get down to the points of what caused this recession

1. Wall St. got very greedy and took advantage of many citizens with subprime loans

2.Washington decided it was a good idea to deregulate wall st.; well now we are seeing the problems because of that

3. People are using credit cards; loans like crazy because we all think credit is limitless; well it is not and now we are hitting the fan because of that

No wonder why most of the world hates us; it is because we pretty much do not care and we spend. spend, spend like crazy.  Now with Palin saying we might be heading toward a depression and mccain wanting to postpone friday's debate to most of congress not wanting support the bush's 700 billion bailout; things need to change very quickly or we are screwed. The average joe has no choice but to use credit to buy neccesary things because of your wages not going up and many people out of work and i am afraid it will get worse.  Now i have some suggestions to fix these problems.

1. REGULATE and change the rules of wall st. and quit all of this greed and corruption before it is too late.

2. If these compaines want a bailout their former CEO's and the tons of millions of dollars they took when they left must be returned and nobody can take lots of money in the company.

3.We need a new president that will create good paying us jobs and spend money to get jobs like improving roads, rail service, mass transit, schools, airports, and everything else infrastructure like we did after the great depression.

4. Impose a tariff on ALL goods coming in to the country.  We have a trade decifit in the 100's of billions of dollars every year becuase cheap goods from other countries come in and jobs go out.  Make companies to create jobs here because it would be cheaper.

5.Congress and the president need to quit sitting on their butts and come together and pass good legistation.

6.Help people get out of their subprime loan mess and require certain things to get a loan like money down and good credit.

7.Make people quit using credit cards like it is their ATM and require people to save and give tax breaks for people who save.

8. Encourage people to shop at local non-chain businesses since most of their stuff is made here at home and big chains stores everything is from china.

9.stop spending so much on war related and government related stuff; Most of the world hates us and wants to give us the middle finger because of what we are doing in iraq.

10.Reform all spending programs like social security; medicare; and all government programs to run efficently.

I hope things change very soon or we will be standing in soup lines and growing food and hunt like people did in the 1800's

-nathan young