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Congress should implement a payroll tax holiday in light of the recession. hehe sure why not! It'll never happen ... along with all the other great ideas: forgiving mortgages; wiping out the three credit reporting institutions and starting over; suspending all government raises and bonuses; arresting all the greedy bastards .. o
Call centers should be required to disclose the physical location of their employees. The employees are not the issue, it is the business. Customers have the right to know where their support is coming from.
The U.S. government should implement a moratorium on home foreclosures. The sad thing is, they are only looking at foreclosures that are under the Fanny's, I believe ... the problem is more widespread than that and getting worse.
Public investment should have a higher priority than tax cuts in Barack Obama's stimulus package. "Public investment" as long as that means rebuilding our infrastructure, investing in "green technology", taking care of our diminishing ecosystem, affordable universal health care, help for small or "cottage industries" and more resources for our sagging
The U.S. recession will last throughout 2009. And beyond if the numbers the GAO, Fed and many private economists are even close to using are right. Some other groups, running the numbers since 2006 are very dismayed, we may be sinking lower than anyone could have imagined, but you didn't hear that f
Citigroup should have been bailed out by the federal government. Unfortunately, yes, but not without conditions. There is not oversight on this giveaway and that is very disconcerting seeing as AIG gave dividends away already with their bailout money. I worried this whole thing is turning into windfall profit for the a
Cutting corporate tax rates is not an effective method of creating jobs. "Reaganomics" does not work! That is, "trickle-down" economics. In fact, corporations are only interested in what their majority share holders want: increased profit and wider profit margins. That's it. Critics like to say our corporations are the most ta
The media has not played a significant role in the financial markets' response to current economic conditions. "significant" ... "response"? No. We seem to be looking for scapegoats, when in fact we should be looking at our own habits and responses, as a country: government, military, corporate and personal. Fear and hate are gripping our country, that's what's dr
U.S. Treasury Bonds will lose their AAA status. I had to read up on this issue and US Treasury Bonds in general. Sadly, or fortunately, I have never held any Bonds in my life. So, from what I have read these Bonds should have lost their AAA rating a long time ago. Their seems to be more tradition and "
There should not be an international central bank. Not as it is presently focused, organised and funded. I have pondered this question for quite some time. It may be a tool of the elite and power brokers of this world, but I have other questions: do we allow countries to sink or swim in a global crisis cr
Facebook is worth the $15 billion valuation implied by Microsoft's investment. Whether it is or not (by any standard of measurement you wish to employ) the fact that some moron is willing to pay that much means it is probably worth more!
The Sarbanes-Oxley Act should not be repealed. I had to look this one up .. I know as the Public Company Accounting Reform and Investor Protection Act [of 2002] .. I forgot who the sponsors were.
The Federal Reserve is necessary in a free market. What free market?
Obese travelers should pay more for airline tickets. But only if they take up two seats - ... seems only fare :) - US has the highest (No. 1 - !) obesity of any country according to at least a dozen studies and statistics gathered over this decade. As high as 32% of our population!. In fact all the primary
Federal Reserve's interest rate cuts will not boost the housing market. not when the very institutions meant to benefit from a cut are themselves failing.
U.S. federal deficits do affect long-term interest rates.
Management is most responsible for the U.S. auto industry's financial problems. While they were still pushing "cars" to be made on truck chassis's the rest of the world was passing them by. Lack of vision, hanging on to old precepts and outmoded designs. The mentality they created and supplied failed them in the end. I remember a sim
The government should follow the principles of Keynesian economics during a recession. Look it worked in Britain and other countries, FDR used it as well, pulling industrial economies out of the great depression after the Great War. Keyes used a series of very complex theories to control spending in a depressed economy, dependent on capital
Air travel is not safer since 9-11. On side we have a safer cockpit and we stand in longer lines while they search our carry-on luggage, however, do not make air travel safer, or rather, allow us to think we are safe enough. We still have as many lapses in security when it comes to personal
Congress should not increase copyright protection for fashion designs. I guess that is one way of getting the independent "home crafter and artisan" out of business.
Unions have a positive impact on the economy. Despite the failings of their leadership, Unions still provide a valuable service for those individuals susceptible to exploitation and abuse by those corporations large enough to exert that kind of power over their workers politically, economically, soci
The economic benefits of a weak U.S. dollar do not outweigh the costs. There are local economies and the US economy, then there are global markets and the global economy. We can no longer bury our heads in our own red-ink. We have seen in every recession since the late '60's that as global (as well as national) confidence in
The federal government is most responsible for the current financial crisis. Deregulation cause this crisis in large part, followed closely by the financial institutions who wrote out the loans in the name of greed.
The financial crisis will lead to another economic depression. By all indications, based on historical data, we are already in a depression, just that no one wants to call it that for fear of it's political and social ramifications.
Businesses have a social responsibility. In a democracy, yes. They should in any governmental system. I am an Acts 4 kind of guy and not a fond promoter of greed and avarice.
The Bush Administration stimulus package will not prevent a recession. Who is he stimulating and who caused the recession? ...
Government policy has a minor impact on the stock market. I have read in a few publications that over 80% (averaged) of the stock market is controlled by fewer that .05% of the people. I can't tell how accurate that is because it seems the information is taken from different sources over different periods of tim
The U.S. should not build more oil refineries. Some are underutilized now, we need to organize what we have and regulate the industry to make sure we are the most bang for our bucks.
The U.S. should allow farmers to grow industrial hemp. We are the only country in the WORLD that does not allow this and it is purely political and nothing more! Absolutely asinine!
Globalization will ultimately have a detrimental effect on countries that are not part of the "first world." The world's fattest corporations see the underdeveloped countries of this world as nothing more than resources to feed their growth and profit.
The U.S. should allow foreign ownership of its airlines. Do we in fact actually have a national airline? no more than we actually have a national insurance company, or automobile company or ship company ... in a free market capitalism anything not directly attached to the government must be free game.
Free trade is necessary for economic development. "free" and "development" ... it is obvious.
Fannie Mae and Freddie Mac should not be nationalized. Regulated and controlled, but not nationalized.
The federal minimum wage should be $11 an hour or higher. This is wrong in and of itself. minimum wage should be assessed annually and adjusted according to inflation.
The U.S. should enact a balanced budget amendment. It would never fly or be practical without many, many allowances for exceptions, events and new information ...
The federal government's financial bailout package will not help stabilize the U.S. economy. Only if the corporations want the US economy to stabilize. Right now it is in their best interest to destabilize the economy to help them with their bottom lines to make their largest shareholders get even richer. To hell with the people, they want their
Movie theaters should have the right to block cell phone signals. Long ago (actually not so long ago) before the time of the cell phone or the beeper, people went to the movies to escape the confines of their reality and be entertained by another type of reality. I believe people still do. Cell phone use in the theater
The government should prohibit the financial services industry from executing universal default clauses. Absolutely!
Presidential politics did not play a role in derailing the bailout on September 29th. That's giving everyone too much credit for stupidity and audacity, or is it?
Oil prices will weaken the economy. We just went through nine months of total chaos leaving us in the worst mess we've seen in almost a century, what further proof do you need?