Running 'Cause I Can't Fly: Bill Bonner, "Can Inflation Fix the US ::
Dec 17, 2009 "Can Inflation Fix the US Economy?" By Bill Bonner . We should do this every day of our lives. Number one is laugh.
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i have to write a 5 page paper on how to fix our economy. i have to give three reasons. can someone please give me some ideas. thanks
1. We must start to rebuild our manufacturing base, we need to make things to trade with other countries and start to bring down the trade deficit. Ongoing trade deficits add to our national debt which has surpassed 10 trillion dollars.
2. We must stop living beyond our means both individually and governmentally. Our debt based (consumption based) society needs to be replaced with a society that saves and puts off purchases until we can afford them.
3. Our government has gotten entirely too large. We should downsize government and stop trying to be all things to all people, we canâ ™t afford it anymore. And itâ ™s gotten so corrupt and criminal that there is incredible waste and graft involved.
4. We have to stop â śempire buildingâ ť with our military and close down a good percentage of the hundreds of military bases around the world. The incredible ramping up of military spending is troubling and does not follow the intentions our founding fathers had for our country. Our outreach is unsustainable financially and we should bring our soldiers home to defend our own country and stop getting entangled in the worldâ ™s business.
Xzibit: â śFix our Economy!â ť Van Jones: â śOk.â ť | 99Problems::
Mar 18, 2009 Well first of all, Xzibit's At the Speed of Life is one of the dopest albums of all time!!! And its ill because this economy and the
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5. We MUST dissolve the central bank (Federal Reserve Bank) if we want any chance of remaining a free country. This is a complicated subject but well worth looking into. Iâ ™ll put a link at the bottom of my answer. Most of our financial problems stem from the fact that our money and credit are controlled by an elite international banking cartel, and this has been the case since 1913.
6. We need to move back to a currency that is backed by gold like we had prior to 1933. This â śhard moneyâ ť approach keeps a check on government spending and would have made it impossible to run up the trillions of dollars in debt that we and our children must pay back.
Unfortunately our system is rotten to the core, and just like a rotten house, it needs to be brought down to the foundation (the Constitution and Bill Of Rights). Our problems are systemic and cannot be fixed with the simple â ścosmeticâ ť tweaking of bail-outs and interest rate changes.
Lol.
It's your work, you do it.
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You could use that as an idea, if you liked - that not enough people work exclusively, and that nowadays everything is done in groups.
I can't believe your teacher gave you this assignment.
What G20 leaders must do to stabilise our economy and fix the ::
What G20 leaders must do to stabilise our economy and fix the financial system. This book is available to download for free. Click here or on the link below
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All the economists and politicians all over the world are baffled as to how to fix the global economy, and your not very bright teacher is asking you how to fix the economy?! That is crazy!
Iâ ™m against the $85,000,000,000.00 bailout of AIG.
Instead, Iâ ™m in favor of giving $85,000,000,000 to America in a We
Deserve It Dividend.
To make the math simple, letâ ™s assume there are 200,000,000 bonafide
U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and
child. So 200,000,000 might be a fair stab at adults 18 and up.
So divide 200 million adults 18+ into $85 billon that equals
$425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It
Dividend.
Of course, it would NOT be tax free. So letâ ™s assume a tax rate of
30%.
Every individual 18+ has to pay $127,500.00 in taxes. That sends
$25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket. A
husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage â “ housing crisis solved.
Repay college loans â “ what a great boost to new grads
Put away money for college â “ itâ ™ll be there
Save in a bank â “ create money to loan to entrepreneurs.
Buy a new car â “ create jobs
Invest in the market â “ capital drives growth
Pay for your parentâ ™s medical insurance â “ health care improves
Enable Deadbeat Dads to come clean â “ or else
Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed Forces.
If weâ ™re going to re-distribute wealth letâ ™s really do it...instead of
trickling out a puny $1000.00
If weâ ™re going to do an $85 billion bailout, letâ ™s bail out every adult
U S Citizen 18+!
As for AIG â “ liquidate it. Sell off its parts. Let American General
go back to being American General.
Sell off the real estate. Let the private sector bargain hunters cut it
up and clean it up.
Hereâ ™s my rationale. We deserve it and AIG doesnâ ™t.
Sure itâ ™s a crazy idea. But can you imagine the Coast-To-Coast Block
Party!
And remember,the plan only really costs $59.5 Billion because
$25.5 Billion is returned instantly
#1 priority needs to be create more jobs
Without more jobs, nothing will last long term.
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How can we fix our economy?