(Thanks to David Flanders….)
The ideas listed below are from “a mock hearing on how to create a fair economy for most Americans”. Not bad for a motley collection of bleeding-heart Liberal long-hairs, eh??
I have to admit, these ideas make a whole lot more sense than any of the mental masturbation the Congressional “supercommittee” is likely to come up with.
Here’s a few ideas on how to balance the budget. Our elected idiots will never have anything to do with it.
How Much Revenue Would Be Realized IF:
• The rich were taxed at 70% or more, as they used to be
• A financial speculation tax of ½ of 1% were imposed on each side of every stock trade? (from Nation of Change 9-26-2011)
• Cuts of 30% on everything paid out to our lawmakers - including salaries and expenses. THEY have received a 25% pay increase w/i the past 3 years. Where are our increases?
• Eliminate their “salaried” retirement - They get SS JUST LIKE US, or they pay into their own retirement - JUST LIKE US ! ! ! !
• Lawmakers’ staffs were reduced by 25%
• Withhold SS and Medicare from entire salary, not just part
• Suspend retirement savings payments to lawmakers until deficit is reduced. Only withhold/pay out for Social Security and Medicare. JUST LIKE US ! ! Never again would there be a problem with SS and Medicare!
• Require lawmakers to pay at least 50% of health care insurance costs out of pocket. They have the same choices as WE.
• Make Wall Street repay the billions (trillions?) they bilked us out of. Prosecute those responsible for the meltdown.
• Reinstall all controls that were eliminated on Wall Street
• Eliminate subsidies to Big Oil
• Audit tax returns/payments of Big Oil, Big Business
• You do business in this country - you pay taxes in this country!
• Eliminate subsidies to mega farms
• Make Big Business pay their share of taxes.
• Heavily tax goods coming back into the US from abroad by Big Business (goods produced from outsourcing, not free trade items) Make them 20% more expensive than goods produced in the USA
• Form a “Federal Bank” in direct competition with the big banks, to back smaller community banks in making loans to small businesses, making mortgages, and in general, stimulating growth. This would be run as a bank (not like the ones “We, the people” bailed out so they could turn around and screw us), and help us in growing our economy.Social Security and Medicare are NOT entitlements. They are fully funded, in an account separate from the general fund used to run our country. It was raided by the Reagan administration (I’ve heard - $2T), but it is still solvent. For now.
Since these funds belong to “We, the people”, and our lawmakers are trying to steal them from us, can we bring a class action lawsuit against those that are stealing them? By the way, no administration had the right to steal my money. I want my money replaced. Every penny!!
These ideas are sensible, reasonable, and workable. So why will none of them be put into place?
