spaceguy said:
Reagan was a big part of allowing the banks to get to big, he stopped enforcing the sherman Anti-trust act. Also tax's have to go up. All the loopholes are mainly there for the rich to access, not the poor. People that sit by the pool collecting checks like paris hilton while only paying 15% tax's on investments is not right.
I completely agree our defense is out of control, as the pentagon is not auditable. Some estaments put the defense including the pentagon close to a trillion dollars a year.
I would not tare down what we got, I think there needs to be rules of who can work for what and where. For instance, if you work for GE, you can't go regulate for GE. I think the biggest way to have a effect is also to do campaign finance reform.
Cut the defense budget and have public funded campaign finance, Put a cap on it and People/corporations only allowed to give $250 or less. This will make the politicians work for the people, not there corporate funders. Which we have a massive problem on both sides.
SS has not contributed, so no need to cut that. SS is already paid for and all you would have to do is raise the SS cap to 250,000 or higher to make it solvent.
Medicare part D that doesn't allow us to barter for drug costs, is costing us billions of dollars a year.
Yes we should have put bankers in jail just like Iceland. I don't have issue with the bailout as much as there was no strings attached to it. Like Splitting up the banks and more regulations. Which I know we disagree.
Iceland also raised tax's and cut costs. I agree that we have a spending problem. I think mainly in the defence budget. Thats what i would gut. Sorry But we only need so much.
If we do these things we should be good.
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