rhett o rick
rhett o rick's JournalI am not sure where I should be on the graph.
I am against the Patriot Act, Domestic spying, indefinite detention without due process, Citizens United, unregulated drone killing, free trade, NAFTA and all the 'AFTA's.
I am for single payer health insurance, reducing defense spending, ending the wars, habeas corpus, protecting American jobs, eliminating the Bush tax cuts for the wealthy, making big Pharma compete for Medicare drug contracts.
So on what issues do you disagree?
The lax regulation of Wall Street is a threat to our economy.
Wall Street has proven beyond a doubt that without proper regulations they can crash the economy. Very little is being done to prevent another situation where they can again blackmail the American citizens into paying trillions to save the economy.
Two major problems discussed in Dean Bakers, "False Profits" are the failure of the Fed to control economic bubbles, like the housing bubble, and the rampant speculation by our banks which is backed by taxpayer's dollars.
The Fed is intended to regulate our economy to benefit all Americans. That means dealing with unemployment. However, most of the board members are bankers and it looks like their actions favor those banks over the 99% masses. The Fed operates with our economy at stake, in almost complete secrecy. Its dealings should be made more transparent and they should have to meet with Congress on a regular basis.
We need to reestablish controls similar to those of the Glass-Steagall Act. Also, a Financial Transaction Tax needs to be established to reign in the rampant speculation that endangers our savings.
There are a lot of important issues we need to tackle. Free and fair elections must have a high
priority.
None of the important issues facing us will matter if we dont fix the election system. It wont matter what we do about gun control, marijuana laws, same-sex marriage, Medicare, etc., if we allow the Republicans to steal future elections. They will be able to undo any good we do.
Some here think that we are safe because the oligarchic elites failed in the presidential race of 2012. Please, we cant let our guard down. The midterm election will be here before you know it and we wont have President Barack Obamas coat tails to count on. Then in 2016 we must be prepared. The Democratic Party must take the lead in countering Republican voter suppression methods and correct the damage done by gerrymandering.
NGU
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Gender: MaleMember since: Fri Apr 22, 2005, 01:05 PM
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