Wednesday, January 27, 2010

State of the Union

If Obama wants to get reelected it starts with the speech tonight. People are upset about businesses being bailed out while family, friends, and neighbors lost everything. Its time for the POTUS to fix it. He needs to impose on business that it create jobs. Tax cuts for the next 5 years would probably be enough to fix it. He needs to punish those that created this problem. I saw this coming long before it happened, I can't believe nobody else did. I still think the best approach is to hire from unemployment rolls the best people to replace baby boomers in the govt. He should tell those that have a job and can retire to please open their job to someone who needs it. It is time for Americans to stop being greedy and to have a caring heart for those unemployed. I would suggest creating a national unemployment insurance and hitting big companies hard with it whenever they lay off a worker.

It is time America start having a heart for fellow Americans. We give to Hati, but what about the unemployed here. I am not saying to not give to Hati, but rather those that have can help people here too. Americans are very giving, but those in power are greedy and don't show a heart. Money is the root of all evil. Look what it has done. Everyone should have known that income and housing prices are completely related. Finance executives need to be held accountable. I think that a bonus tax should be implemented. 70% of bonus income for those making over a certain amount. I know that people will find a way around it. Also banks are at a disadvantage with funds who give out as a capital gain. Change the capital gains tax to one attached to income. Any money made over $200,000 needs to be heavily taxed right now. Fix the deficit and cut down the greed.

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