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We need a Democratic Bail out plan that America Wants

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 08:51 PM
Original message
We need a Democratic Bail out plan that America Wants
Let's face it, any thing the republicans do right now is Toxic - that's why they are against the bailout

So it doesn't matter what plan is put up, the Dems are going to have to do it on their own and “Own the results” – Political Fall Out included 100%. So they really need to put up a plan that workers for the Working Class Voters and Wall St.

The time has come to put Reagenomics and “Trickle Down Theory to bed once and for all, quit trying to negotiate with the Repubs and Fix the problems brought about by "Deregulation"


Reinstate the Stegal-Glassman Act – America needs Stable “Trustworthy Banking Institutions”

Impose the Securities Exchange Transfer Fee – It well reduce unwarranted Speculation and help reduce “Market Manipulation”.

Re-Regulate the Commodities Market and close the Enron Loop Hole and stop Oil Futures speculation for ever.

Reinstate the Sherman Anti-Trust laws – Over Weight fattened 401K managers have used the savings of working class American’s to destroy and “Corporate-Raid” whole industries taking away the jobs from those very same Americans who’s saving they manage.

Use the proceeds of the SETF (est. $150Billion per year) to Bail out Wall St.

Direct the Treasury to issue $400 Billion of "Tax Differed" Treasury Bonds who's proceeds can be used to shore up mortgages first - Banks second
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Clear Blue Sky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 08:52 PM
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1. At this point I don't care whose plan it is as long as it is reasonable and it works.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 08:59 PM
Response to Reply #1
2. America needs the mortgage mess straightened out
Give Home owners with the "Ability to Pay" the chance to pay their mortgage.

The Bush plan merely financed additional foreclosures and that is why America rejuected it
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 09:15 PM
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3. $500K per year salary cap should be extended to ALL corporations
Honestly – I feel the $500K per year salary cap should be extended to ALL corporations. 65% of American Corporations pay ZERO Taxes after all the tax exemptions given them. The purpose of the Corporate Tax Exemptions was to encourage “Re-investment” in America. Not shipping whole Industries to China
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 09:19 PM
Response to Original message
4. Some good ideas there. You should pass them up to the people who could include them
in a new bill...
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 09:20 PM
Response to Reply #4
5. Yep - Working on an Email to my Senators now
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