These cycles of economic recession are not mistakes, and this one is not as well, and while Obama says that no one was regulating the banking industry, he knows full well that it was the Clinton administration which de-regulated banking in 1999, and allowed for this real estate bubble to grow and eventually burst, and then Obama, hires all the key players, who were involved in that banking de-regulation, and made them part of his administration, and then, gives over a trillion dollars to those same banking interests, and then dares to suggest that it was a lack of regulation which caused it, and then, uses it as an excuse to give the Federal Reserve even more power, to do the things which our government should of been doing all along.
It is a sham, a scam, and Obama has proven himself to be a lap dog of the International Bankers, who own that Federal Reserve, and conspires with the rest of the Bilderbergs, and their flawed plans for world government. It's wrong, it's flawed, it's dumb, and is bad business, besides being unconstitutional!!!
I propose a better plan, a NEW DEAL for 2012, and I am running for the U.S. Presidency in 2012, so that I can push these better options long enough to open the minds of our foolish government, and make these changes happen by 2012, or soon there after. With or without me being in charge.
Proposals for the ECONOMY :
First of all, the best way to maintain house values, is to maintain the working status of all American citizens, which could be done via a proper program run by the E.D.D.
see..> BENEFITS FOR THE PEOPLE : JOBS
....Which would allow many people to keep their homes, and make their payments generally, regardless of economic conditions in the market which may cause some people to transition between jobs, which ordinarily may cause them to miss payments, and lose their homes. Of course this has little to do with people buying things they cannot afford, especially since those home values are typically far in excess to what those homes are actually worth, and that in order to maintain the long term value of home properties, the industry should be encouraged to build homes out of steel, concrete and flame resistant plastics, so that homes can retain their values beyond the 100 year mark of the typical wooden home today, which is susceptible to rot, leakage, mold, and Fire.
Second, Some will dare to accuse me of being Socialist, and I AM NOT, and what I propose to do, is to maintain the large free market as it exists, BUT, to use very specific limited government run, government built development programs to create numerous working infrastructure assets to expand the free markets, and to over time, sell off and privatize those developed assets to that same free market, which IS NOT SOCIALISM. Because Socialism, is where the government takes over industries and controls them, forever. I propose to build up new industries, expand existing ones, and then sell the developments to those free market interests who would want to buy them, specifically for the purpose of expanding markets, increasing supply where and when needed, and limiting abuse by special interests who may at times, attempt to form Cartels to raise prices to the point of damaging the entire free market, such as Energy Cartels.
In this way for example, the Government could build power plants, which will reduce the cost of energy, but having done so, could sell those power plants to those free market power companies, allowing the free market interests to maintain their profit margins within limits determined by the government to prevent run away prices, which is controlled simply by allowing the government to build power plants, or farms, or reservoirs, as needed to increase supply, and effectively keep energy, food, and water prices low, in benefit to the whole free market, as energy, food and water are essential, and will only become more so over time. As well as allowing the government to save and potentially buy up industries so as to expand, improve or dismantle them, as needed via a consensus in Congress, which then, protects the investors of those industries.
Not only can we do this, but using larger scale considerations via the World Bank, and IMF, we would be capable of doing much more, see......> A message for all International Bankers, and investors of the Federal Reserve, World Bank, and IMF
As by these proposed development efforts, the U.S.A. would be in a perfect position to export and create /own / build a great abundance of technology and services around the world, in the effort to build up all the nations of earth and literally end all world poverty, as part of a massive economic burst program, to make complete and full use of the work potential of our species to expand our territory amongst the Solar System, and make use of the vast almost unlimited resources which our species has been blessed with, in our Solar System.
The truth is, poverty, unemployment, debt, excess taxation, and recessions and depressions, are due to bad economic policy by those people in office which are supposed to be in charge, and sadly it has been a lack of vision, and a lack of faith which has allowed them to work on stagnant old world policies, which have proven themselves to be completely unable to solve for the clear issues and problems which plague our world. And as such, the hope of reaching the U.N. Millenium goals of 2015 is virtually impossible if the planet and those powers that be, which are in charge, do not begin to recognize that a much better economic plan of action is needed to accomplish these many goals. As without a better plan, our planet faces more wars, more poverty, and more suffering, unless our foolish leaders can wake up to the seriousness of the problems before us.
-Mosheh Thezion