A RECIPE FOR GETTING OUR COUNTRY BACK

While Wall Street conspires with the U.S. Government to lie to the American People about the fantasy economic recovery through their public relations firm, the mainstream press, the facts tell a very different story. I beg the public to come out of denial and understand that this country is heading down a slippery slope towards bankruptcy, a currency crisis and brutal inflation that will inevitably lead to social unrest. We can nolonger even entertain the absurdity that the Democrats or the Republicans, who are bought and paid for by the banksters, will do anything meaningful about the oncoming storm. It is up to us individual citizens to fight for our own future and that of our children by taking matters into our own hands. It is time to fundamentally change the evil system that is threatening the end of America. The following are just some of the proposals that need to be implemented before it is too late.

1. We must start with a campaign finance law which mandates the use of a fixed amount of public money and eliminates all private individual, corporate, union or non-profit campaign contributions.

2. We must break up the big banks and establish a maximum asset limit of perhaps $100 billion. This will put an end to "too big to fail."

3. White collar crime shall be treated as serious felonies which can lead to long prison sentences. The time has come to place this kind of fraudulent behavior that destroys peoples' lives over and above that of a teenager caught with an ounce of marijuana in his car

4. We must drastically alter the institution of the American lobby system by allowing only one lobbyist per organization, whether it be a corporation, union, non profit etc. A law must be passed to prohibit any monies to be given by these lobbyists to sitting members of Congress or those running for office.

5. We must insist that all current regulators from such entities as the SEC, CFTC, FDA, EPA etc. be fired. Then those, who pass a test that indicates they understand the industry they're going to regulate and are willing to take an oath that they will protect the public from any and all abuses emanating from that industry, will be given positions as regulators. Violation of that oath will be considered a crime and will be punishable by incarceration. No money can be given to these regulators by any entity wishing to influence them. At the same time, regulators who expose wrong doing in their respective industry shall be rewarded with bonuses. This will at last assure that regulators will be intelligent, ethical and incentivized.

6. We must also fire all current personnel in rating agencies. They must be replaced with knowledgeable individuals who, like the regulators above, will take an oath to protect the public by aggressively looking at corporate balance sheets and making sure that ratings favor investors and not corporations. It will be a crime for a rating agency or any of its personnel to take money from a corporation for any purpose.

7. President Obama must fire anyone working in his Cabinet and in lower positions, as well, if they were in positions of responsibility during the lead up to the financial crisis of 2008. For starters that would include Ben Bernanke, Timothy Geitner, Larry Summers, Gary Gensler along with anyone else who came to the administration from Goldman Sachs.. These are all friends of Wall Street. They sat idly by or looked the other way as the financial implosion struck. You cannot expect these individuals, who were partially responsible for causing the crisis, to do anything meaningful to change the regulations or the enforcement policies governing their pals in Wall Street.

8. In order to eliminate the mindboggling complexity of our financial system and the explosive danger it poses to the public, all over-the-counter derivatives must be banned.

9. Above all else, we must abolish the Federal Reserve and return to sound money backed by gold and silver as was mandated by our Constitution. If we do not make this fundamental change, our faith-based currency, which is nothing more than pieces of colored paper, will be debased until people lose confidence in its value and a full-fledged currency crisis becomes inevitable..

10. Since both political parties serve their corporate masters and not the people who elected them and pay their salaries, the Democratic and Republican parties must be abolished and replaced by new independent parties who will abide by the new campaign laws and take an oath to represent the American people and not special interests. Failure to honor this oath will also be considered a crime punishable by imprisonment.

11. Additional Wall Street regulations must include position limits on all stocks and commodities to prevent manipulation in order that we can once again have free markets in this country. No government entity may interfere in free markets by buying or selling in those private enterprise bourses. All market participants, including banks, must have all assets marked to market at the end of trading each day. No more holding of assets of any kind off balance sheets. No more holding of assets in dummy corporations offshore. No more fantasy marked-to-model valuations. Strict accounting procedures must be mandated and enforced under penalty of the law.

12. Specific accountability will be enforced throughout the financial and commercial systems. Incompetent or fraudulent behavior will no longer be rewarded or tolerated. Shareholders of a public company will determine their CEO's salary. Bonuses for employees will be based on performance and again will be determined by the shareholders, who, after all, own each company.

13. A Consumer Protection Department must be created. No one cares about the fat cats on Wall Street. They'll be just fine, I can assure you. It is the American people who need protection from the real axis of evil in this world.

14. Laws must be enacted making it illegal to wire tap Americans without a warrant, delve into their financial affairs in secret or hack into their emails without asking permission. The police state must revert back to good old fashioned freedom.

15. The so-called "wars" in Iraq and Afghanistan must be ended at once. All Americans occupying those two countries must return home immediately. (Can you imagine if another nation occupied the USA)? Our uninvited presence in their world is the inspiration for terrorism. Getting out is politically and economically the right thing to do.

16. We have lived too long in a caveat emptor (buyer beware) system where the buyer comes up empty. Part of taking back our country is to recognize that so-called consumers are human beings. From now on it's a seller beware nation.

The steps outlined above may appear extreme and perhaps a bit "far out," but they are crucial to America's survival as a leading nation in what otherwise will be Asia's century.

April 18, 2010