Like this:

1. Stop home foreclosures including homes belonging to the 20,000+ military families, and make it mandatory to rent the property back to the occupants until it sells.
2. Banks should cut commercial and personal mortgage principal across the board by 30% and term out for 30/40 years fixed at 5.0%. The Fed to give those banks a tax credit over five years.
3. Banks should stop charging anything over 9% for credit cards, loans or move to New Jersey and register as Loan Sharks.
4. Jobs jobs jobs….we need to create jobs.
5. Raise taxes for the wealthy… If that includes me somehow I would be glad I have a job and can contribute
6. Stop American arms exports. Don’t guns cause some wars?
7. Invite my Chinese friends to build us 10,000 kilometers of high speed rail quick. Have the visionary James Oberstar oversee the effort.
8. Give Obama six more years to prove he can drag us out of the wringer….didn’t we give George Jr 8 years to create the mess?
9. Stop the housing crash and contribute to new jobs. Without housing we don’t have a recovery from 20% unemployment. Federal Govt and Congress led by our talented Virginia delegation; Senator Warner, Senator Webb, Congressman Connelly, should enact laws which require banks getting Fed housing guarantees (90% of home financing now) to cut those mortgages by 30% and re-finance for 30/40 years fixed rate. If they did that many homeowners could keep their homes and the market would stabilize sooner. My mortgage would go from $5000/month to $2600/month and we’d start renovating and spending more plus saving for kids education.
10. Break up some of the Big Banks starting with the worst: Bank of America.

Advertisement