DISQUS

Very good editorial.

Unemployment compensation should not be taxed.

The other recommendations make sense as well. "By allowing workers to count more recent earnings, it would help more of the jobless to qualify for benefits. People who are fired or quit their jobs rightly cannot get benefits. But neither, usually, can part-time workers.

The House bill would change that. It would also make eligible people who left their job because a family member became ill or disabled, as well as people who are forced to move to accompany a spouse to a new job or escape domestic violence."

If the federal government is serious about growing the economy and creating jobs, it should stop taxing interest from savings accounts, dividends, capital gains, and estates. Businesses will have an easier time obtaining loans and investments for hiring workers, research and development, and plant and equipment. People and businesses will have more money to spend. Middle class people and union members who have mutual funds would benefit from dividends and capital gains not being taxed.

New Hampshire should allow smoking in restaurants. This might increase rooms and meals tax revenues. If more people are employed by restaurants, New Hampshire may be able to spend less money on food stamps and Medicaid.

New Hampshire should allow casino gambling in many parts of New Hampshire. This may increase state revenues and tourism. This may reduce the need for food stamps and Medicaid.

If the United States of America and Mexico legalize, regulate, and tax the sale of marijuana, heroin, and cocaine for people who are at least 18 years old, they may be able to spend less money fighting violent Mexican drug gangs and spend less money on prisons. Most non violent drug offenders should be released from prisons to make room for violent criminals. If Mexico is able to spend less money fighting violent crime and is able to spend more money on its economy, its economy may grow a lot. If Mexico's economy grows a lot, fewer illegal immigrants may come to the United States of America, many illegal immigrants may leave the United States of America, and many more Mexicans may be able to buy products and services from the United States of America. If State governments are able to spend less money on illegal immigrants and non violent drug offenders, they may be able to reduce their sales taxes.

I graduated from the University of New Hampshire in 1992 with a BA Degree in Political Science and a minor in Economics.

I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

I added to my main website page recently.

He has a nice website http://www.joelkotkin.com.

I am glad he discusses geography. I took some geography courses at the University of New Hampshire.

If our leaders care more about geography, we may have fewer problems.

We should allow casino gambling in New Hampshire.

Is New Hampshire a nanny state or a state that allows people to be adults?

If more jobs are created in New Hampshire, fewer people may need food stamps and Medicaid.

Are you more likely to win $500 from a casino or $500 from the New Hampshire lottery? If gambling is so bad, why does the New Hampshire lottery exist?

We might get more tourists coming to New Hampshire if we have casino gambling which may help us increase rooms and meals tax revenues.

New Hampshire should allow people to smoke in restaurants. Many restaurants might have more sales which would help increase rooms and meals tax revenues. Does the Individual Liberty of restaurant owners matter in New Hampshire?

I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

I think it makes sense to increase the federal gasoline tax and the state gasoline tax.

The federal government needs to spend more money on buses within cities, buses between cities, and passenger rail. If bus service and passenger rail improve, fewer families may need to have 2nd cars and 3rd cars allowing them to have more money for things not related to transportation. The air may be cleaner and fewer children may be harmed by asthma attacks and fewer parents may lose time from work to take care of sick children. We may be able to use a lot less foreign oil and spend less money on the military.

New Hampshire should spend some of the money it takes in from the rooms and meals tax on buses within cities, buses between cities, and passenger rail. If people have an easier time getting to jobs and from jobs, New Hampshire may be able to spend less money on food stamps and Medicaid. New Hampshire may also get more tourists if bus transportation and passenger rail improve. The more tourists New Hampshire gets the more money New Hampshire may obtain from the rooms and meals tax and business profits taxes on restaurants and hotels. More tourists and businesses may use Manchester Airport. More businesses may decide to locate in New Hampshire instead of Massachusetts.

I hope many businesses will advertise inside of buses and passenger rail. There is plenty of advertising space inside of Manchester Transit Authority buses. People may see ads in buses for longer periods of time than ads in magazines and on television.

I graduated from the University of New Hampshire in 1992 with a BA Degree in Political Science and a minor in Economics.

I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

Our national debt is now more than 10 trillion dollars. Many people are discussing increasing it by several trillion dollars more. High deficits may lead to very high inflation which is especially harmful to people on fixed incomes and people who have saved money. The national debt was less than 1 trillion dollars when former President Reagan took office on January 20, 1981. The national debt soared under Reagan, Bush, and W. Republican members of Congress and Democrat members of Congress along with Reagan, Bush, and W caused the national debt to soar.

Cal, you might want to read the Constitution before you comment on it again. Article 1, Section 8 "The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defense and general Welfare of the United States; but all Duties, Impost and Excises shall be uniform throughout the United States." provide for the general Welfare means whatever Congress thinks it means.

The federal government should sell a lot of the land it owns to raise capital, reduce the national debt, improve infrastructure, help fund passenger rail, help fund buses within cities, help fund buses between cities, help fund energy transmission, help fund energy development, and do other things. Some of the money the federal government obtains from the sale of the lands should go to State governments. If you type federal government owned land on a search engine, you might be surprised at how much land the federal government owns.

The least that should be done to grow the economy and create jobs is the indexing for inflation of capital gains, interest from savings accounts, and dividends. If the capital gains tax is not indexed for inflation, people may pay the capital gains tax when they have actually lost money because of inflation.

If the federal government is serious about growing the economy and creating jobs, it should stop taxing capital gains, interest from savings accounts, dividends, and estates. Businesses will have an easier time obtaining loans and investments for hiring workers and research and development. Middle class people and union members who have mutual funds would benefit from capital gains and dividends not being taxed.

Commonwealth, thanks for writing about sidewalks and saving lives. Well done.

The federal government helping many cities improve sidewalks and other infrastructure makes sense for many reasons. If people have an easier time walking, they may not have to drive cars as much which reduces our dependency on foreign oil. If people have an easier time walking, obesity may decrease.

Our country needs to spend a lot more money on infrastructure dealing with water and other things.

I graduated from the University of New Hampshire in 1992 with a BA Degree in Political Science and a minor in Economics. I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

I added info to the main website page yesterday.

http://www.evolutionshift.com discusses what future automobiles might be like. It is a very interesting discussion.

http://www.stratfor.com discusses homeland security issues and many other issues. It recently discussed Mexican drug gangs, the attack in India, and other topics. It has a free e-mail newsletter I highly recommend.

I discuss homeland security issues and military issues on my website http://www.myspace.com/kennethstremsky

Nice comments brood.

Thanks for writing them.

Our country has survived worse.

The human race has survived worse.

Marijuana, heroin, and cocaine should be legalized, regulated, and taxed for people who are least 18 years old for medical reasons and non medical reasons. Violent criminal gangs that are causing a lot of harm in our country, Mexico, and Colombia may obtain less money from the sale of their drugs. Terrorists in Afghanistan would probably obtain less money from their opium to use to kill our soldiers. Some of the money obtained from taxing drugs should be used for drug rehab programs. Fewer children and police officers might die because of fights dealing with drug territories.

If we do not legalize drugs, we should expect the problems that Mexico is experiencing now to happen in our country often.

If they are regulated, they may be safer to use. If you buy them illegally, you may not be sure what you are actually buying and the strength of it. Safer drugs may reduce deaths caused by drugs.

If people are able to use marijuana for medical purposes, they may not need to use prescription drugs that have been known to kill people.

I would like most non violent drug offenders released from prison so that we may have more room for violent criminals. If most non violent drug offenders are released from prison, governments may be able to spend less money on food stamps and Medicaid.

I ran for United States Senate in 2002. My website is http://www.myspace.com/kennethstremsky

I hope the federal government and state governments will spend more money on buses within cities, buses between cities, and passenger rail. If people have an easier time getting to jobs and from jobs via buses, there may be less need for food stamps and Medicaid. If bus service improves, there may be less need for many families to have 2nd cars and 3rd cars which could help them have more money for non transportation related expenses.

We might use less foreign oil if more people use buses and passenger rail. The air might be cleaner if more people use buses and passenger rail. If the air is cleaner, fewer children may miss school because of asthma attacks and fewer parents may miss work taking care of their children.

I hope many more businesses will be willing to advertise inside of buses and passenger rail. People may see ads inside of them longer than they see ads in many magazines.

I hope usage of freight rail also increases. I hope a lot of cars sold in the future will be electric powered cars that have fuel as a backup power source.

I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

woodysix8

Read Amendment Fourteen and think about it.

Homosexuals should be allowed to marry people of the same gender. Not allowing this is discrimination. It was discrimination when blacks were not allowed to marry whites.

I realize homosexuals have served in the military . Do you know what the word EASIER MEANS? Homosexuals should be allowed to say they are homosexual and serve in the military. When they are found to be homosexual, they should not be kicked out. We should want to have the best people defending our country. Homosexuals are being treated as second class citizens and this is wrong. How would you like to be forced to hide who you are to defend your country?

Marriage provides people with certain protections that have nothing to do with taxes.

Some government programs discourage marriage which is stupid.

Have you ever asked your homosexual friends if they have been discriminated against?

I would like many taxes reduced for single people and married people.

I see things from many different perspectives.

I did not expect to win. I ran to discuss the issues.

Dear bjanz:

Thank you.

Thanks for discussing Amendment 2. I like it very much when people discuss the Bill of Rights. I wish more people cared about Amendment Seven.

Amendment Seven

"In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise reexamined in any Court of the United States, than according to the rules of the common law."

Binding arbitration agreements that many brokers, health insurance companies, and others require people to sign are not constitutional (legal) "where the value in controversy shall exceed twenty dollars". A person may not be asked to give up the right to sue UNTIL AFTER they have been harmed. A person may not be asked to give up the right to sue before they have been harmed.

Amendment Two

"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

Article 1, Section 8 of Constitution says Congress has the power

"To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions"

"To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress"

Some websites that may save you a lot of money that have 100 percent satisfaction, no time limit guarantee policies are

http://www.llbean.com
http://www.sierratradingpost.com
http://www.bargainoutfitters.com
http://www.sportsmansguide.com
http://www.duluthtrading.com

L.L. Bean outlet stores sometimes have great deals.

Cabela's does not have a 100 percent satisfaction, no time limit guarantee policy http://www.cabelas.com. It does have flannel lined chinos on sale and I bought some.

The least that should be done to grow the economy and create jobs is the indexing for inflation of capital gains, interest from savings accounts, and dividends. If the capital gains tax is not indexed for inflation, people may pay the capital gains tax when they have actually lost money because of inflation.

The mortgage mess might have not taken place if Congress had learned from the Savings and Loans Crisis and regulated properly. Congress should require down payments on homes and fixed rate mortgages. Banks may want to turn many foreclosed homes into low income apartments and middle income apartments. Banks may want to turn many foreclosed homes into apartments for disabled Veterans and apartments for other Veterans.

If the federal government is serious about growing the economy and creating jobs, it should stop taxing interest from savings accounts, dividends, capital gains, and estates. Businesses will have an easier time obtaining loans and investments for hiring workers, research and development, and plant and equipment. People may have an easier time saving for college tuitions and retirements.

I ran for United States Senate from New Hampshire in 2002. My website is http://www.myspace.com/kennethstremsky

Amendment Fourteen

"All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws."

The federal government and state governments may not treat homosexuals better then heterosexuals because of "equal protection of the laws" (Amendment Fourteen). The federal government may not treat heterosexuals better than homosexuals because of "equal protection of the laws" (Amendment Fourteen).

If governments allow heterosexuals to marry in civil ceremonies, governments have to allow homosexuals to marry in civil ceremonies. Marriage in civil ceremonies provides people with "privileges" and "immunities".

Heterosexuals should be allowed to marry in civil ceremonies.

Homosexuals should be allowed to marry in civil ceremonies.

I hope it will be easier for homosexuals to serve in the military.

I hope it will be easier for homosexuals to adopt children.

I am a heterosexual who has homosexual friends and I do not like it when they are being discriminated against.

I ran for United States Senate from New Hampshire in 2002. My website is http://www.myspace.com/kennethstremsky

We need secret ballots. We do not need coercion.

If Unions want to increase their wealth and power, they should buy majority stakes in many small companies and startups and make the decisions. This may be a better usage of their money than contributions to candidates. Unions should also buy stock in large companies and become active shareholders and try to get boards of directors they like chosen for companies they invest in.

Unions and members of unions who have money in pension funds that own stock would benefit from the federal government not taxing capital gains, dividends, and interest from savings accounts. Businesses would be better able to get loans and investments for hiring workers and plant and equipment.

The least that should be done to grow the economy and create jobs is the indexing for inflation of capital gains, interest from savings accounts, and dividends. If the capital gains tax is not indexed for inflation, people may pay the capital gains tax when they have actually lost money because of inflation.

My website is http://www.myspace.com/kennethstremsky

clicked on http://www.americancivicliteracy.org and took quiz

got 30 out of 33 for 90.91 percent

Some of the questions and answers need to be worded better. I think the answer for 33 should be - If spending is not more than the amount of money taken in from taxes, you have a balanced budget or zero deficit. If spending is less than money taken from taxation, you have a surplus.

The other 2 I got wrong I see why they think that way.

Some of the answers are in the Constitution.

I hope people have a Happy Thanksgiving.

http://www.myspace.com/kennethstremsky

People may want to read "Bankruptcy, Not Bailouts" on http://www.whiskeyandgunpowder.com/Archives/200...

It discusses bankruptcy and the Constitution.

The least that should be done to create jobs and grow the economy is the indexing for inflation of capital gains, interest from savings accounts, and dividends. If the capital gains tax is not indexed for inflation, people may pay the capital gains tax when they have actually lost money because of inflation.

Congress and not the Federal Reserve is supposed to be in charge of our money supply. Congress should eliminate the Federal Reserve or veto many of its decisions.

Article 1, Section 8 of the Constitution says Congress has the power

"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures"

Article 1, Section 10 of the Constitution

"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Things but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

Congress may want to back our currency with gold, silver, and other commodities.

The federal government should sell a lot of the land it owns to reduce the national debt, raise capital, help fund Social Security and Medicare, help fund passenger rail, help fund buses within cities, help fund buses between cities, help fund energy transmission, help fund energy development, and do other things. Some of the money the federal government obtains from the sale of the lands should go to State governments. If you type federal government owned land on a search engine, you might be surprised at how much land the federal government owns.

Our national debt was less than 1 trillion dollars on January 20, 1981. Our national debt is now more than 10 trillion dollars. Our liabilities connected with Social Security, Medicare, and Medicaid are several times that of our national debt.

I recommend people read

THE COMING GENERATIONAL STORM

What You Need to Know about America's Economic Future by Laurence J. Kotlikoff and Scott Burns

I discuss taxation, the economy, and other issues at http://www.myspace.com/kennethstremsky

We need secret ballots. We do not need coercion.

If unions want to increase their membership, their power, and their wealth, they should buy majority stakes in many small companies and startups so that they are able to make the decisions. Unions should also be active shareholders in large companies and help pick more board directors.

The least that should be done to grow the economy and create jobs is the indexing for inflation of capital gains, interest from savings accounts, and dividends. If the capital gains tax is not indexed for inflation, people may pay the capital gains tax when they have actually lost money because of inflation.

If unions want to increase the wealth of their members and create jobs, they should encourage the federal government to stop taxing capital gains, interest from savings accounts, and dividends. When the unions receive dividends, they would not have to pay taxes on the dividends. When the unions sell stock, they would not have to pay the capital gains tax. Businesses especially small businesses would have an easier time obtaining loans and investments for hiring workers, training workers, research & development, and plant & equipment. People would have an easier time saving for college tuitions and retirements.

I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

The federal government could allow people to contribute money to a Congressional "Election Campaign" fund on their federal income tax forms like they may to the "Presidential Election Campaign" fund. A person could be allowed to contribute up to $10 on the income tax form.

One of the best ways to "petition the Government for a redress of grievances" (Amendment One) is to make contributions to political campaigns. A person should be allowed to contribute as much money to a candidate as the person wants and to as many candidates as the person wants as long as disclosure takes place. If a person wants to contribute millions of dollars each to several candidates, let the person do it. This will allow candidates to raise money from fewer donors and be better able to compete against elected officials. This may be the only way for lesser known parties to compete against Republicans and Democrats. The more parties our country has the better the issues may be discussed.

People may want to support a Term Limits Amendment to the United States Constitution that would say that a person may not serve more than 8 years as a Representative to the United States House of Representatives and not more than 12 years as a United States Senator. A person could only be allowed to serve longer if at least 70 percent of the State Legislators of the State the person represents votes to allow the person to serve longer.

I ran for United States Senate from New Hampshire in 2002. My website is http://www.myspace.com/kennethstremsky

I discuss many issues on my website.

The Republican party needs to care a lot more about the Bill of Rights. Republicans in Congress should not have been acting like puppets and took President Bush on when he was attacking the Bill of Rights.

Members of Congress especially United States Senators should realize that members of Congress are supposed to be negotiating trade agreements with "foreign Nations" and not the President because of Article 1, Section 8 of the Constitution.

The Republican party needs to have Presidential campaigns that deal more with hope than fear. Discuss fear but not more than hope.

The Republican party should be discussing how the federal government should cause less harm and how government programs should be reformed or eliminated.

The Repubican party should make the economy - creating wealth - the first or second most important issue in a campaign. How to reduce poverty and increase the wealth of poor people, the middle class, and the wealthy needs to be discussed by them.

The Republican party needs to be more socially moderate if if wants to increase the odds that independents will vote for them. Republican party social views I am sure caused them a lot of harm in the Electoral College.

The War in Iraq might have not caused the Republican party so much harm if Congress had Declared War against Iraq before sending troops into Iraq. Our country should have learned from Vietnam not to overthrow a foreign government and occupy a foreign country without a Congressional Declaration of War when that country has not attacked us.

The Republican party might not be in such bad shape now if several well known Republicans had ran against President Bush in 2004.

In New Hampshire, the Republican party needs to have several people running for Governor, United States Senate, and House of Representatives in the 2010 primary. Primaries can build name recognition for the general election.

I ran for United States Senate in 2002.

My website is http://www.myspace.com/kennethstremsky

It would be nice if Democrats and Republicans put the long term needs of our Republic above what is best in the short term for their parties.

It would be nice if they cared more about the Bill of Rights and other parts of the United States Constitution. It would be nice if both parties cared more about our Individual Liberty and freedoms and thought about ways to reduce the harm the federal government is causing now.

It would be great if members of Congress started fulfilling all their Article 1, Section 8 responsibilities dealing with the military and negotiated trade agreements that are win for us and others.

I hope both parties will care more about helping the poor, the middle class, and the rich get wealthier by cutting taxes, eliminating unnecessary regulations, eliminating unnecessary laws, and adopting necessary regulations and laws. The more wealth our country creates the more opportunities for jobs to be created.

I ran for United States Senate from New Hampshire in 2002. My website is http://www.myspace.com/kennethstremsky

I added May racism end soon on my website this weekend after reading a commentary posted on The Green Papers http://www.thegreenpapers.com dealing with racism posted on November 7, 2008.

If New Hampshire spends some of the money it obtains from the rooms and meals tax on buses within cities and buses between cities, it might increase tourism. If more people are able to get to jobs and from jobs via buses, New Hampshire may be able to spend less money on food stamps and Medicaid. There is a lot of advertising space inside of Manchester Transit Authority buses which might help increase sales of many businesses. More enclosed bus benches could be in Manchester that have advertising on them. If New Hampshire spends more money on buses, the air may be cleaner and children and others who have asthma may spend less time in emergency rooms. If families have less need for 2nd and 3rd cars, they may have more money to spend in New Hampshire's restaurants and stores.

Hopefully, someday there will be passenger rail between Canada and Boston. New Hampshire should see if Canadian businesses and Canadian governments would be willing to help fund passenger rail between Canada and Boston. Canadian businesses and other businesses could advertise inside of the trains. More Americans might visit Canada and more Canadians might visit New Hampshire and Massachusetts. Canada's economy is likely to do very well in the future because of its natural resources. Many more people who live in New Hampshire may want to work in Canada.

Boston Express should have at least 1 bus trip from Boston to Manchester after 7pm so people who work in Boston are able to get back to Manchester if they get out of work at 5pm. The Department of Transportation should have negotiated a better contract for Manchester and New Hampshire. The same level of bus service between Manchester and Boston and Boston and Manchester should have been kept. Better bus service may make Manchester Airport even more important to New Hampshire's economy.

State government needs to care more about transportation needs in northen New Hampshire and not just be thinking about transportation needs in southern New Hampshire.

New Hampshire's government should be doing a lot more to promote tourism to New Hampshire by having on state government websites and other websites video and audio of State Parks, other places, and possibly inns and restaurants. Testimonials from customers may be very beneficial.

To raise capital, reduce the national debt, help fund Social Security and Medicare, and do other things, the federal government should sell a lot of the land that it owns. If you type federal government owned land on a search engine, you might be surprised at how much land the federal government owns. Some of the money the federal government obtains from the sale of the land should go to state governments.

If the federal government wants to encourage Americans and foreigners to invest in our businesses and banks, the capital gains tax should be eliminated. The federal government should also stop taxing interest from savings accounts and dividends. This will make it easier for people to save money over time for down payments on homes and fixed rate mortgages, college tuitions, and retirements. Businesses will be better able to get loans and investments for hiring workers, training workers, planr & equipment, and research & development.

Congress could pass a 2 percent national sales tax that is placed on most items other than food, shelter, health care, and education. If a national sales tax is adopted, the federal income tax on individuals and businesses should be reduced at the same time. The national sales tax would take in some of the money being earned in our underground economy. Some of the money obtained from the national sales tax could be used to fund Social Security and Medicare.

Two members of the House of Representatives and 2 United States Senators should sit on the board of the bailout agency. If 3 of these members of Congress want a bailout agency decision vetoed, it should be vetoed. When a majority of the members of the House of Representatives want a bailout agency decision vetoed, it should be vetoed. When a majority of the members of the United States Senate want a bailout agency decision vetoed, it should be vetoed.

Congress should pass a law that says that if the federal government bails out a financial institution, the federal government should obtain some of the financial institution's stock , some of the lands and buildings the financial institution itself owns, a percentage of its future dividends it pays to its shareholders, a percentage of its future profits, a percentage of its future sales, and a percentage of its future executive pay. The federal government should be able to sell the stock, lands, and buildings when it wants to.

Article 1, Section 8 of the United States Constitution says Congress has the power

"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures"

Congress should eliminate the Federal Reserve or make it part of Congress and veto many of its decisions. Two members of the House of Representatives and two United States Senators should sit on the board of the Federal Reserve. When 3 of these members of Congress want a Federal Reserve decision vetoed, it should be vetoed. When a majority of the members of the House of Representatives want a Federal Reserve decision to be vetoed, it should be vetoed. When a majority of the members of the United States Senate want a Federal Reserve decision to be vetoed, it should be vetoed.

I ran for United States Senate from New Hampshire in 2002.

My website is http://www.myspace.com/kennethstremsky

What does the Nashua Telegraph think should be done to make things better?

What would the Nashua Telegraph like a bailout bill to include?

I discuss the mortgage mess on my website http://www.myspace.com/kennethstremsky

If Democrat elected leaders and Republican elected leaders had learned from the Savings and Loans Crisis and regulated properly, the mortgage mess would not exist now.

WE HAVE A LIQUIDITY PROBLEM CAUSED BY THE STUPIDITY OF MANY PEOPLE ESPECIALLY OUR ELECTED OFFICIALS. The federal government needs to encourage investment by Americans and foreigners. The federal government needs to eliminate the capital gains tax. The federal government needs to stop taxing interest from savings accounts and dividends. This will make it easier for people to save money over time to put a down payment on a house and get a fixed rate mortgage. This will make it easier for families to save money over time to pay for college educations for their children. This will help many people have more secure retirements. This will make it easier for many businesses especially small businesses to hire workers, train workers, spend money on research & development, and plant & equipment.

Congress should consider passing a 2 percent national sales tax that is placed on most items other than food, shelter, health care, and education. If a national sales tax is adopted, the federal income tax on individuals and businesses should be reduced at the same time. Some of the money from the national sales tax could be used to help fund Social Security and Medicare.

If our country had learned from the Savings and Loans Crisis, the mortgage mess would not exist now. If Congress had properly regulated financial institutions, the mortgage mess would not exist now.

Voters, non voters, Democrat elected leaders, Republican elected leaders, the Federal Reserve, financial institutions that did not care about sound financial strategies, financial institutions that committed fraud, borrowers who did not understand basic finance, and borrowers who committed fraud caused the mortgage mess.

The taxpayers are taking on significant risk and stock warrants are not good enough. The federal government should be getting some of the lands and buildings the financial institutions themselves own and the federal government should be able to sell these lands and buildings when the federal government wants to.

The federal government is helping to save many of these companies and because of this Congress should pass a law that says that if the federal government bails out a financial institution the federal government should receive a percentage of its future dividends it pays to its shareholders, a percentage of its future sales, a percentage of its future profits, and a percentage of its future executive pay. These companies need to be punished for being stupid and taxpayers need to have a chance at making some profits long term.

The plan would be more effective if the capital gains tax is eliminated encouraging more Americans and foreigners to invest in our businesses and banks. The plan would be more effective if interest from savings accounts and dividends are not taxed by the federal government. This will make it easier for many people to save money to put a down payment on a house and get a fixed rate mortgage.

Article 1, Section 8 of the United States Constitution says Congress has the power

"To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes"

"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures"

Article 1, Section 9 of the United States Constitution says

"No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time."

Congress should either eliminate the Federal Reserve or veto many decisions made by the Federal Reserve when Congress wants to.

Congress needs to veto many decisions made by the Treasury department and bailout agency dealing with mortgage mess when Congress wants to.

I ran for United States Senate from New Hampshire in 2002. I hope people will read the United States Constitution before they vote in November. I recommend typing savings and loans crisis on a search engine if you want to learn about the Savings and Loans Crisis.

My website is http://www.myspace.com/kennethstremsky