Letters to the Editor
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sounds like a plan
Can't wait for the other candidates of both parties, and the pundits, to tell us what's wrong with it (I know the short answer will be "everything"). And for the other candidates and pundits to explain how this plan isn't really a plan, but a Machiavellian ploy to get votes.
I've been a (happily) undecided Democrat, but as this primary season gets uglier, I find myself drawn to the woman with a plan.
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Who's cashing in now
Shanghai (Hongkong Shanghai Bank Corp, Bank Dope) and London, The City of, with Dubai an obvious addition, Berlin as well, should come as no surpise. The oligarchical enablers, Andrew, of the petty (millionaire) grubbers in Orange County.
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Hmmmmm
Well, I guess I should be happy she hasn't dropped any racial double entendres today.
Tell Andrew the next time she starts saying what she'll do to help homeowners, ask her about NAFTA, since that's why a lot of them took out second mortgages in the first place. Maybe Bill can help her answer.
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The Last Time I Checked …
Clinton was a sitting Senator. She can introduce this legislation tomorrow.
In other words she’s in a position to start helping people now.
For that matter so is Obama. Where’s his legislative plan?
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A Bold Plan Would be to ....
Fire the Federal Reserve and reinstitute the greenback currency ... Begin Medicare for all ... and rewrite the tax code to capture corporations and the super rich.
The Federal Reserve is a private corporation that will by it's corporate charter protect their largest shareholders, the money center banks and their related investment banks, brokerages, hedge funds and insurance arms. They need to be replaced by a public central bank beholden to currency and economic stability not Bank profitabllity.
Our current money supply is generated by leveraging debt, so when the economy stubs its toe the banks take a pratfall. Leverage works to add speculation and inflation on the way up and deflation and bankruptcy on the way down. We need to implement 'greenbacks', Money that is based on the GNP , or asset money, not the debt money that evaporates during times of crisis.
Medicare for everyone would help all government entities shed their health costs to help with lowered property taxes, help citizens avoid health care bankruptcy and cover the 50 million uninsured.
And we all know the tax code is written by and for the coroporations and the super rich by tax lawyers and accountants that use it as a full employment guarantee.
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The Circle of life
Homeowners get into mortgage crisis. Hillary promises money to bail them out. No one fixes subprime lending inadeqecies. More homeowners default. More money to bail them out too.
Who pays for all this?
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eclecticbrotha
Well, revoke the tax breaks to millionaires in this country that Bush so lovingly gave them, end the war in Iraq that's going to cost a trillion and I'd say we could more than afford it.
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I'm a Democrat
Can we stop trashing our own candidates?
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To Sherrie
I've been begging for weeks for fellow Democrats to stop bashing each others' Democratic candidates. Unfortunately there's so much hatred out there that I really worry about the possibility that the nomination will be worthless by November because of all the bitter recriminations.
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Shades of 1952
The Dems have no incumbent, they kill each other in the primaries and mount yet another halfassed campaign this time with Stevenson and he looses to Ike.
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damnthatxanadu (and Sherrie, too!)
I am inclined to agree with you, dan. The Iraq war is the biggest drain on our economy by far, yet Hillary never bothers to mention it. I do not believe that tax breaks alone will fund her stimulus.
Hillary's new idea also sounds like she lifted it from a section of Barack Obama's economic plan, which you can find in his section on the subprime crisis:
http://www.barackobama.com/issues/economy/#mortgage-issue
"Create Fund to Help Homeowners Avoid Foreclosures:
In addition to taking important steps to prevent mortgage fraud from occurring in the future, Barack Obama will establish policies to help Americans currently facing foreclosure through no fault of their own. For instance, in communities where there are many foreclosures property values of innocent homeowners are often also negatively impacted, driving them toward foreclosure, too.
Obama will create a fund to help people refinance their mortgages and provide comprehensive supports to innocent homeowners. The fund will also assist individuals who purchased homes that are simply too expensive for their income levels by helping to sell their homes. The fund will help offset costs of selling a home, including helping low-income borrowers get additional time and support to pay back any losses from the sale of their home and waiving certain federal, state and local income taxes that result from an individual selling their home to avoid foreclosure. These steps will ensure that individuals who have to sell their homes will be able to quickly regain stable financial footing. The fund will be partially paid for by Obama’s increased penalties on lenders who acted irresponsibly and committed fraud."
If you are interested in reading the rest of Barack Obama's plan, you may follow this link here:
http://www.barackobama.com/issues/economy/
I hope this response wasn't too combative for you, Sherrie. I disagree about the assertion of Hillary as a true democrat, though: her campaign has been run like a republican in democrat's clothing.
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What About Hillary's Stand On Iraq ?
Hillary's platform regarding domestic policies is fairly attractive as far as I am concerned, but she still has not come clean on the Bush/Pentagon invasion and occupation of Iraq. She continues to be evasive and noncommiital on the subject. With the continued, exorbitant (and still "off budget" !) expense of waging a war and occupation in the MidEast, her generous support, tax, and budgetary promises to the middle class will not solve our primary economic problem - - the fantastic drain on our economy by that monstrous issue, Iraq. The housing situation and other domestic debt problems may well be solved by any of the Democratic candidates. But Hillary's lack of resolve on the question of Iraq and our enormous indebtedness to China primarily because of the Iraq war is a major reason many like me cannot support her candidacy.