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<blockquote data-quote="Braveheart" data-source="post: 513595" data-attributes="member: 5831"><p>All elected officials are corrupt to some one. The Reps had 8 years in office and 12 of 14 years of control of congress. Now the Dems have a swing at it.</p><p> </p><p>Some times one has to be in office for a while to rein in the other side. I am an independent as I have beliefs on both sides. I have friends on both sides and people I do not care for on both sides.</p><p> </p><p>At least congress voted to forgo their raises next year and Obama froze the salaries of all his staff making $100,000 per year or more. Two small gestures but it is a start. </p><p> </p><p>We need to do many things to fix the country.</p><p> </p><p>#1 Reinstate the Glass Steagal Act that both the Reps and Dems repealed at the end of Clinton's last term. It was put in place in the 1930's to keep seperate the investment banks, savings and loans, real estate, and insurance industries.</p><p> </p><p>#2 Repeal the Commodities Modernization Act that the Reps and Dems passed under Bush in his first term that made many investments UNREGULATED like "credit default swaps". That is why no one could regulate the fact that these sub-prime investment securites among other things were not properly financially backed and overbilled as safe and secure when in reality they were NOT!</p><p> </p><p>#3 Reinstate the short sale uptick rule/law that was in place from 1938-2007 but repealed by the SEC under Bush in July 2007. This was a nice speed bump/speed governor to control the abuse of short sales. I do not like short selling period. Why would anyone want to bet against a company and want it to lose value? It hurts capital investment and drags down the stock market.</p><p> </p><p>#4 Pass cunsumption based sales tax like the fair tax!</p><p> </p><p>#5 Tax internet sales that the selling and buying states share in the proceeds.</p><p> </p><p>#6 Stop the automatic raises congress gets and prevent them from controlling it.</p><p> </p><p>#7 Stop the automatic pensions congress members get for just one term of service. Make it like us 20-30 years of service then you get a pension.</p><p> </p><p>#8 Ban all lobbyist period!!!!!!!!!!!!</p><p> </p><p>#9 Pass the Death Sentence for people like Ken Lay, Bernard Madoff, Dennis Kozlowski, Charles Keating and the like. Death by shark tank!!!</p><p> </p><p>More is needed but these would be a nice start.</p></blockquote><p></p>
[QUOTE="Braveheart, post: 513595, member: 5831"] All elected officials are corrupt to some one. The Reps had 8 years in office and 12 of 14 years of control of congress. Now the Dems have a swing at it. Some times one has to be in office for a while to rein in the other side. I am an independent as I have beliefs on both sides. I have friends on both sides and people I do not care for on both sides. At least congress voted to forgo their raises next year and Obama froze the salaries of all his staff making $100,000 per year or more. Two small gestures but it is a start. We need to do many things to fix the country. #1 Reinstate the Glass Steagal Act that both the Reps and Dems repealed at the end of Clinton's last term. It was put in place in the 1930's to keep seperate the investment banks, savings and loans, real estate, and insurance industries. #2 Repeal the Commodities Modernization Act that the Reps and Dems passed under Bush in his first term that made many investments UNREGULATED like "credit default swaps". That is why no one could regulate the fact that these sub-prime investment securites among other things were not properly financially backed and overbilled as safe and secure when in reality they were NOT! #3 Reinstate the short sale uptick rule/law that was in place from 1938-2007 but repealed by the SEC under Bush in July 2007. This was a nice speed bump/speed governor to control the abuse of short sales. I do not like short selling period. Why would anyone want to bet against a company and want it to lose value? It hurts capital investment and drags down the stock market. #4 Pass cunsumption based sales tax like the fair tax! #5 Tax internet sales that the selling and buying states share in the proceeds. #6 Stop the automatic raises congress gets and prevent them from controlling it. #7 Stop the automatic pensions congress members get for just one term of service. Make it like us 20-30 years of service then you get a pension. #8 Ban all lobbyist period!!!!!!!!!!!! #9 Pass the Death Sentence for people like Ken Lay, Bernard Madoff, Dennis Kozlowski, Charles Keating and the like. Death by shark tank!!! More is needed but these would be a nice start. [/QUOTE]
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