Cut the Cancer; Cure the Economy

President Obama says “Start the Bailout. Let Nurture be Our Course.” Economist Tobin Smith says “Stop the Bailout. Let Nature take its Course.” Will the President’s plan make losers into winners, and winners into losers? Would the economy be better served by investing government (taxpayer) dollars heavily in 21st-century infrastructure that would be paid back in energy cost savings, while we bury the dead –the rash overspenders who took, and are still taking advantage of investors and clients without regard to long-term consequences; asking for a hand “out” instead of a hand “up.”

And what about “The Proposal” that’s floating around for Congress to set the example of Corporate responsibility– reduce the House from 435 to 218; reduce the Senate from 100 to 50; reduce staff by 25%. Do this over the next 8 years and LOOK.

Summary of opportunity:

$ 44,108,400 reduction of congress members.

$282,100, 000 for elimination of the reduced house member staff.

$150,000,000 for elimination of reduced senate member staff.

$59,675,000 for 25% reduction of staff for remaining house members.

$37,500,000 for 25% reduction of staff for remaining senate members.

$7,500,000,000 reduction in pork added to bills by the reduction of
congress members.

$8,073,383,400 per year, estimated total savings. (that’s 8-BILLIONjust to start!)

Businesses who succeed do these types of cuts all the time.

If people in Congress were required to serve 20, 25 or 30 years (like everyone else) in order to collect retirement benefits, tax payers could save a bundle.
Now Congress gets full retirement after serving only ONE term.

And what about the morgage mess? I’m in favor of helping homeowners who are threatened by foreclosure. Home ownership is still the “American Dream” and homeowners paying real estate taxes pumps money into government coffers! HELP with manageability ONLY. Create responsibility. I’m NOT in favor of rewarding bad judgement or bad spending habits. Give the $1000 delinquent homeowner’s bailout bonus to all the home-owning taxpayers who DON’T apply for the bailout and are current on mortgage payments.

NEVER have Americans had such an open forum to speak directly to their elected officials, so if you agree with this, send the link to your Congressional representatives. Or write them directly. But let’s MAKE A DIFFERENCE, and let them know we WATCH, we THINK, we ACT, and we VOTE!

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One Response to “Cut the Cancer; Cure the Economy”

  1. Mr WordPress Says:

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