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Re: None

Sunday, 03/19/2017 3:56:48 PM

Sunday, March 19, 2017 3:56:48 PM

Post# of 19856
Some positives that Trump could focus on include -


1) Building/re-building infrastructure - roads, bridges, water systems, electric power grids, etc. Much of the US infrastructure is crumbling from neglect, and the process of rebuilding will create millions of high paying jobs and will benefit US productivity for many decades.


2) Technology drivers - like biomedical research, cold fusion power, space exploration, etc. Funding these technologies will create entire new industries and drive future economic growth.



But how to fund this? The part of the economy that is not only not taxed, but is completely non-productive and in fact counter-productive, is within the finance sector -- the too big to jail zombie banks and other financial entities like hedge funds, who collectively were responsible for the 2008 Derivatives disaster and the even bigger collapse that is coming.

So impose a 1% trading tax on these flash trading douchebags. Then bring back Glass Steagall and break up the mega banks. Then ban most types of derivatives and hedge funds, and finally - nationalize the Federal Reserve and put it under the Dept of Treasury where it belongs.

At this point the odds of something like this happening are close to zero, but it's not impossible since all it takes to abolish the Fed is a vote of Congress. The first step is for Congress to support a new bill to audit the Fed. Ron Paul managed to do this after the 2008 collapse (a partial audit of the Fed), and now Rand Paul is organizing another audit (see next post).


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