Economic solution to deficit: RESCUE

Economic solution to deficit RESCUE.

By Gerald Internet Anthropologist Think Tank
08.24.09

The current economic paradigm seems up side down.

I just heard on TV they have raised the est. of the deficit

2 Trillion dollars more.

How can that deficit be paid down?

We gave the criminal banks 2.7 trillion dollars.

The banks that are too big to fail,

break them up. “Too Big Has Failed.”

by Thomas Hoenig, the Kansas

City Fed president

Put the toxic assets in to one corp.

run by the Government, isolate them from

the market. MARK THEM TO MARKET

OVER TIME.

Put the good assets in new good banks,

fire all the management, start indictments.

The US Gov. will have major share of the new good

banks ( prefered stock ), sell them in new offerings

( 3 to 4 Trillion? ); proceeds to the

Gov. deficit and Health program for EVERY ONE.

Reduce deficit by 3 Trillion dollars, and reduces inflationary

pressure by 50%.

Build international confidence in American Banks.

reinstate Glass Segal.

Prosecute Banking CEO's

Introduce Usury laws.

This deficit 7 Trillion dollars,is going to produce Inflation,

big inflation, the only way to slow inflation

is to raise interest rates, which puts the breaks

on an economy already on the edge.

Other option is to sell off the banks in new offerings

and post proceeds against the deficit, reducing

inflationary pressure.

Current paradigm Context.

CIA as whipping boy, I don't think so.

The Republicans are refusing to work

on the new Medical coverage for all

Americans.

Stay with me.

The prosecutors dealing with the

CIA interrogations, will only be looking

up the chain of command.

No action against the CIA or its agents.

They relied on legal advise from the

Republican adminstration, and should

be allowed to do so, CIA gets a pass.

Republicans won't work in earnest

on the Health care bill for all Americans,

then prosecutors will indite some of them

in the old adminstration on the CIA

interogations.

They have brought the Republican horse

to the water, and if it doesn't drink

they are going to WHIP IT.

Gerald

Paradigm Reader.

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