Mind you, I'd like to see the President do three more things:
1) DRASTICALLY overhaul our economy-sapping income tax system to either make it as simple as Steve Forbes' flat tax plan or go even further and just scrap it altogether--along with repealing the 16th Amendment--in favor of FairTax.
2) Put real force into financial system reform, with controls on new-style investments like hedge funds, credit default swaps, and derivatives, raising the minimum margin requirements for futures and index trades to 15%, and re-imposing the 1933 Glass-Steagall Act to get banks out of the equities business to protect bank assets.
3) Audit EVERY Federal, state and local government agency to look for bureaucratic overlap and agency bloat, and use the result to at minimum cut the size of government at least 20 to 25%, maybe possibly as high as 50%.
4) Repeal every welfare program that takes away individual responsibility. Social Security and ObamaCrapCare would be a nice start.
The concept that we can have a One World government by means of an entanglement of economic relationships among countries, where all acts of war are merely criminal actions, and, of course, without God, is doomed to spectacular failure.
which is why companies like Tim Horton, moved BACK to Canada.
Whereas Obama has no limits.
Free markets bring prosperity to more people than any government program.
Canada's Plan for Prosperity:
Step 1: Drill for Oil.
Step 2: Sell Oil to U.S.A.
Step 3: Go Back to Step 1...
Canada's Plan for Prosperity:
Step 1: Drill for Oil.
Step 2: Sell Oil to U.S.A.
Step 3: Go Back to Step 1...
They should be looking at mid 1980’s America if they really wanted to build a better economy.
Look at the vast natural resources Canada has and divide by the number of people they have, 1/10th as many as the USA. THAT is why they are doing well ... BTW they bailed out the banks over mortgages via CMHC, exactly 1/10th the amount that the USA did.
Excellent idea! Banks should only be able to invest in safe assets like mortgages.