European Tribune - Comments - The Unbearable Disappointment of Obama

The Unbearable Disappointment of Obama | 108 comments (108 topical, 0 editorial, 0 hidden)

Re: The Unbearable Disappointment of Obama (4.00 / 3)

I have considered a temporary, broad based party of Reform that only promises a few things:

Enact campaign reform that provides public support to candidates without restricting private donations and requires donations be publicly disclosed by the recipients before the money can be accepted.
Vigorously prosecute fraud in the financial sector. Appoint Bill Black to lead a Financial Sector Fraud Unit and fund it at $200 million/year for four years. Simultaneously use regulatory powers to force the TBTFs to take back all the crap that has been dumped on the Fed's Maiden Lane SIVs and on Fanny and Freddy and mark to market all assets. Attempt to coordinate with other governments to minimize the fall out, but if this is not quickly forthcoming, let the chips fall where they may.
Do a public audit of the Fed and a public assay of what ever precious metal reserves the US Government may still have, preparatory to revising the legislation governing the Fed and with referrals for prosecution as indicated. Not only do we need to know what they have been doing, but this will pull in the libertarians and paleocons.
Support energy independence and economic growth through renewable energy and upgraded domestic electric infrastructure. Fund this with Bruce's 10c/gal (or greater) tax on imported oil. Provide federal financing for publicly owned high capacity lines from existing grid tie-ins to the Texas panhandle and the entire front range of the Rockies. (T. Boone Pickins, check. Stake through Dick Cheney - check.)
Enact significant corporate taxes on foreign labor content of manufactures. Revise all tax codes to eliminate any tax benefits to "outsourcing" and to mergers and acquistions. (Paul Craig Roberts -- check)
Repeal the Keep America Safe Act and all other such legislative infringements on civil liberties. Brand this act as being, in fact, The Turn America Into a Police State Act.
Withdraw from Iraq, Afghanistan and, at a minimum, reduce our troop levels in Korea, Japan and Germany. Cut the size of the US military by half and reduce the Pentagon budget by half. Even the Secretary of Defense says reductions are needed.
Agree on a four year standstill on social issues, broadly defined. In the kind of economic environment into which we are headed, absent this kind of reform, the changes here are likely to be reactionary anyway.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Sep 2nd, 2010 at 12:42:02 PM EST
[ Parent ]

The Unbearable Disappointment of Obama | 108 comments (108 topical, 0 editorial, 0 hidden)

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