Re: SAYS HERE ... Another Crash The Making of Wall Street!
in response to
by
posted on
Feb 28, 2010 03:22PM
We may not make much money, but we sure have a lot of fun!
http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/ Going after Goldman, AIG or any of those players is merely treating the symptoms - it doesn't get at the underlying problem, which is political, not economic. Political reform is the only way out of this trap, starting with term limits and the complete elimination of corporate political contributions. Personal contributions should also be limited. So, how will politicians finance their campaigns? Simple. Tax dollars. Everyone who qualifies (minimum no. of signatures) gets the same amount - a reasonable amount - of tax dollars to spend on their campaign. Call it the price of freedom if you like. It's a lot less costly than the alternatives. Teabaggers and other concerned individuals need to get this straight. If you want to reign in Wall St. and other related Fat Cats, you need to cut them off at the knees. Term limits and a ban on corporate contributions is how you do it. Later you can go after the worst offenders via the justice system, which brings us to the next plank in the political reform process: No presidential appointments or lifetime positions for Supreme Court justices. These positions should be filled via Congressional election from a pool of qualified candidates. Term limits should probably be 10 years, but definitely no more than 20. Oh, and no Attorney General at either state or federal level should EVER be elected. That job should be appointed by the legislature and come with a ban on running for political office for at least 5 years after leaving. OK, there you go teabaggers. Now get cracking! (Sometimes it takes a Canadian to show Americans the way forward) ebear
Subject: Wall Street's Bailout Hustle : Rolling Stone
Wall Street is recreating another stock market crash...Matt Taibbi