Tuesday, April 28, 2009

Government: answer to the economy... start a commission

The New York Times --

Two amendments, both which would create a special commission to dive into the roots of the economic collapse and create a select committee to investigate the causes of the nation's financial crisis.
“Today’s vote by the Senate is major progress on my effort to get to the bottom of this financial crisis. While I also support an outside commission, and have previously introduced legislation to establish such a commission, I believe the Senate has an important oversight responsibility that cannot be delegated. That’s why we need a select Senate committee to investigate this financial crisis and make sure it never happens again.” said Senator Dorgan.

Senator Comrade commented, "... we must hold those responsible for this calamity to account..."

Conrad said that it would be a 10 member panel, modeled after the 9/11 commission.
“The bottom line is I think everybody wants to get to the bottom of why this happened,” Representative Steny Hoyersaid. “What were the failures of regulation? Was it regulatory negligence? Was it regulations were not sufficient? Were they not applied to some of the financial activities outside of the banking and insurance industries?

where do I start...How about the way that we jacked around the interest rates for fears of inflation, making it more expensive for businesses to expand and hire more people, interest rates on credit cards which are based on the prime rate mostly, etc.?
How about not capping the prices on fuel when they skyrocketed out of control?
How about continually raising taxes?
uncontrolled spending?
And is basically being out of touch.


Former Governor Jesse Ventura of Minnesota had a novel idea...
“By going to a national sales tax,[and eliminating the current federal income tax] you would get the gross of your check, and you would decide what you're taxed on by what you bought. Now, what else does that do? It gets everyone - drug dealers, illegal aliens, tourists. Everyone would pay to the economy. And what it also does - it puts the government then on a direct budget with the economy. If the economy struggles, so would government. So it would be in government's best interest then to keep the economy good. Right now the government doesn't suffer, private citizens do if the economy goes bad.
{Source = Minnesota public radio August 24, 1998}

5 Comments:

Anonymous Anonymous said...

http://lumerkoz.edu Educational links, paxil gezhouba lorazepam side effects chairbe ativan colleen clarinex side effects shortish remington famciclovir side effects delayed

11:06 AM  
Blogger ninest123 Ninest said...

ninest123 10.14
burberry handbags, ray ban sunglasses, michael kors outlet online, replica watches, michael kors outlet, louis vuitton, uggs outlet, longchamp outlet, longchamp outlet, polo ralph lauren outlet online, michael kors outlet, uggs on sale, michael kors outlet online, oakley sunglasses wholesale, christian louboutin outlet, longchamp outlet, ugg boots, gucci handbags, uggs outlet, christian louboutin shoes, tory burch outlet, michael kors outlet online, prada handbags, tiffany and co, replica watches, louis vuitton outlet, burberry outlet, ray ban sunglasses, chanel handbags, louis vuitton outlet, louis vuitton outlet, nike air max, nike air max, oakley sunglasses, ugg boots, nike outlet, jordan shoes, oakley sunglasses, prada outlet, cheap oakley sunglasses, louis vuitton, christian louboutin, tiffany jewelry, oakley sunglasses, christian louboutin uk, michael kors outlet store, ray ban sunglasses, polo outlet

11:21 PM  
Blogger ninest123 Ninest said...

nike free run, coach outlet, burberry pas cher, new balance, polo lacoste, ray ban uk, louboutin pas cher, timberland pas cher, vans pas cher, coach outlet store online, converse pas cher, north face uk, north face, michael kors, jordan pas cher, hogan outlet, true religion jeans, nike blazer pas cher, nike air force, nike air max uk, sac vanessa bruno, air max, nike roshe, coach purses, oakley pas cher, nike tn, true religion outlet, ray ban pas cher, abercrombie and fitch uk, hollister pas cher, sac longchamp pas cher, ralph lauren uk, michael kors pas cher, longchamp pas cher, nike roshe run uk, lululemon canada, nike free uk, michael kors outlet, coach outlet, true religion outlet, guess pas cher, nike air max uk, mulberry uk, nike air max, polo ralph lauren, kate spade, true religion outlet, sac hermes, hollister uk, michael kors

11:25 PM  
Blogger ninest123 Ninest said...

p90x workout, ralph lauren, vans outlet, mont blanc pens, herve leger, soccer jerseys, hermes belt, north face outlet, babyliss, celine handbags, timberland boots, iphone 6 cases, nike air max, gucci, instyler, mac cosmetics, bottega veneta, mcm handbags, baseball bats, abercrombie and fitch, hollister, chi flat iron, louboutin, asics running shoes, wedding dresses, longchamp uk, vans, ghd hair, nike trainers uk, beats by dre, nfl jerseys, giuseppe zanotti outlet, lululemon, converse outlet, converse, nike air max, oakley, new balance shoes, ray ban, hollister, hollister clothing, nike roshe run, insanity workout, ferragamo shoes, valentino shoes, nike huaraches, north face outlet, reebok outlet, soccer shoes, jimmy choo outlet, nike free, kate spade outlet

11:27 PM  
Blogger ninest123 Ninest said...

canada goose, thomas sabo, canada goose jackets, canada goose, louis vuitton, swarovski crystal, montre pas cher, louis vuitton, toms shoes, ugg,ugg australia,ugg italia, marc jacobs, wedding dresses, lancel, ugg,uggs,uggs canada, hollister, pandora jewelry, michael kors outlet, canada goose, canada goose outlet, louis vuitton, supra shoes, doudoune moncler, pandora charms, moncler outlet, juicy couture outlet, moncler, moncler, canada goose uk, moncler outlet, louis vuitton, replica watches, links of london, doke gabbana, canada goose outlet, ugg pas cher, michael kors handbags, louis vuitton, moncler, michael kors outlet online, swarovski, barbour uk, juicy couture outlet, pandora uk, ugg, karen millen uk, ugg uk, pandora jewelry, coach outlet, moncler, moncler uk, canada goose outlet, barbour
ninest123 10.14

11:31 PM  

Post a Comment

Links to this post:

Create a Link

<< Home