Posted by jason perkins on February 18, 2011 at 7:08am
This is an extreme statement but the financial reform is deeper rooted than in party lines and budget cuts. Don't get me wrong there can be light at the end of the tunnel, but there needs to be checks and balances to fractional reserve lending, an audit of fort knox, and several major financial reforms and compromises. I propose the government to use equivalent to greenbacks like President Lincoln did with government infrastructure projects. Why pay debt to a foreign nation or central banker when it is for the public good. I say bring back the greenbacks and also push for a higher required reserve limit that banks must meet. Several presidents were murdered fighting the banks like the Federal Reserve, which is not a government agency and the Bank of England. Money has ruined several great governments, I hope it doesn't ruin this one. I believe with a hybrid of what I'm talking about we as a nation could see taxes actually going down. On a side note, congress should curb lifelong politicians, outlaw big business lobbyist, and earmarked bills.
Comments