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Politics : Stockman Scott's Political Debate Porch

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To: KHS who wrote (2264)7/16/2002 9:24:49 AM
From: Jim Willie CB  Read Replies (4) of 89467
 
my solution is politically unacceptable for turnaround

phase in slowly banking reserves to gold from USTBonds worldwide
this will invite a painful recession, unavoidable
either have recession that heals, or a recession that will neither end nor heal
return to the gold standard
(we are selling off our gold anyway, why not instead use it to discourage current account deficit?)

disband the US Federal Reserve
(they have caused every depression and panic)
rely completely upon credit markets to determine interest rate policy
rely upon USCongress and national referendums to finance world financial "accidents"

repeal social safety net legislation across the country
rewrite federal pensions, military pensions
expand line-item vetos to eliminate pork in every bill
two-term limits for US senators

divert the $50B spent each year defending MidEast oil channels
do so with a 4-yr phaseout, fully announced
instead spend the money on fuelcell development and product subsidies
expand widely our energy development with Canada

flunk students in public schools who fail the curriculum
have literacy tests in the 4th grade, not 12th grade
enforce competency of teachers

revisit laws regarding admissible evidence
liberalize search & seizure & wiretap of foreigners inside our borders
exercise deportation on a more regular basis

end Russian participation NATO Security meetings
(make such a large step earned over time)
have Europe share world police sentry duties in Europe
have Japan/China share world police sentry duties in Asia

how is that for a start?
as I said, totally impracticable, politically unacceptable

our financial demise has been legislated
/ jim
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