Do you know about - Give the Money to the People!
Campaign Finance Regulations! Again, for I know. Ready to share new things that are useful. You and your friends.The trickle down ideas does not and has not worked. It is time to give the money to the habitancy and not big corporations and the "used to be" giants of Wall Street. We have seen all kinds of moves on the part of Wall road backed government officials to bailout toxic debt and the flailing stock market. If you do not have a degree in developed economics, most of what these officials are doing and saying sound like gibberish. In fact, it is gibberish!
What I said. It is not outcome that the actual about Campaign Finance Regulations. You check this out article for information on anyone wish to know is Campaign Finance Regulations.How is Give the Money to the People!
World-wide bailouts are not working. They were destined to failure from their inception. The Bush refrain that we must "give it time to work" is a ploy to keep the social from discovering the real truth. The economy is broke, something is very wrong. Laissez-faire economic ideas from the 18th Century is not going to work. The early assumption of capitalism was that if left unfettered and not regulated, business could grow and prosper and all would benefit. To an extent, that was correct. There is no doubt that the early greatness of early Western capitalism made many millionaires and it did help generate a middle class. Of course, this was done on the shoulders of third world nations as their resources were plundered and the working class that suffered innumerable abuses. Fortunately, these abuses and monopolies were exposed and the plethora of worker protection, child labor, occupational security and ant-trust laws presumably corrected such abuses.
Then came the emergence of Reagan economics and the move to de-regulation let loose the ugly Wall road beast. Under the guise of free trade, globalization became the mantra of corporate giants and conservative economic gurus. business boomed, jobs moved overseas, third world workers worked for pennies a day and all was well in the behalf column. The issue is basic, capitalism is based upon the notion that consumers will endlessly consume and keep the wheels of business rolling. If they do not consume, ad campaigns are created to "convince" consumers that they "need" the new gadgets, gizmos and widgets if they are to keep their jobs and to claim the right to be called American. And, if all else fails, which it did, you entice, induce, cajole and scam the consumer to go deeper into debt to keep clubs in the black.
All of this implies a ageement between business and consumer. The ageement says that business will yield capability goods at a fair price and allow reputation at uncostly rates. The consumer agrees to be paid a fair wage for its work, borrow to keep the money flowing, pay its bills and consume happily ever after. This "contract has now been broken" by the huge corporations and the finance industry. The products are inferior. Workers are not paid a fair wage. Loans are made at ridiculous rates. Consumers have been hoodwinked by heavy and aggressive "buy this product' campaigns that leaves one's head spinning. business has lost the trust and faith of the consumer.
Government has also broken its ageement with its people. It has allowed industry to prey upon unsuspecting, naive and gullible consumers. It has allowed industry to steal from the poor and middle class in order to increase its wealth beyond all imagination. It has left business unchecked and unregulated and given it free reign to do as it wills to secure riches that have only benefited the few at the price of all. This ideas has now collapsed and all but the business and government understand this. Government has 'given' billions to the tycoons of industry because they are not development adequate money. And, they cannot understand why the ideas is still failing. Our good money is being thrown into a corporate black hole from whence it will never emerge.
Based upon the Ted spread, look it up on Google, this index that should be colse to 0.5 is now approaching 5.0. The Ted Spread is the distinction between what banks pay to borrow from each other for 3 months and what the Treasury pays. This is where reputation is locked into a virtual traffic jam. What is the solution? Stop wasting our money bailing out banks and business and put the money in the hands of the consumer. With that money we will pay our bills, pay our mortgages, save, invest and consume. That is how you get the money going again and build confidence. In the meantime, regulate those that broke their trust, sacrifice mortgage and reputation card interest rates and yield 21st Century products that will save and not enslave our planet, us and our children!
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