You are a politician, and you represent the United States of America, and our credit rating has just been downgraded, Obama should contact Reid and Boehner and tell them and every other politician to get there asses back to Washington and start working together to take the necessary steps to get this country back to Triple AAA.
The first requirement would be to leave there BS talking points away from the discussion, we should do away with the Bush Tax Cuts that have been destroying the revenue of this business, the business of america, then we should cut an immediate 15 % off of the defense budget, we should immediately start recalling out troops in far away countries and make them come home to perform services in our own country. We should also cut back on the goods and services provided by medicare, and medicaid, we should tell the health companies that are involved that you will also have to cut back on your annual 10-15 % increases in coverage cost. America should raise the contributions to Social Secuity from the paltry amount the wealthy pay of about $110,000, to all earned income, period, no exceptions, the rich get such a tax break on earned income. The retirement age of americans should be adjusted upward from the current age to almost 70 years of age.
We should also raise the tax rate on oil companies, am getting so tired of giving oil companies as well as other companies huge tax breaks so that they can make even more money.
If america just started to do some of these things we could solve our problems quickly. Just like the FAA, politicians found a way to give up $ 30. million a day in taxes to the airlines, so they could save $13 million to rural airports, sounds like a Wal-Mart decision. Wal-Mart would spend one dollar to save a pennie, and then when the profit and loss statement would come in they would wonder why there margins had shrunk, there solution sell more and that would solve the problem. Just like these stupid tax breaks of the past 11 years, it dosen't work, it never works, and it never will work, so just stop doing it and let the business of america get back to what america always did best, and thats dreaming and building the greatest country for all FREE men and woman to come to, and to work hard and prosper from.
Any bets on how the markets will open up in asia, and in america on monday morning. Hint, it could be higher, or it could be lower, but it will not be the same, and thats the indecision that lays before us, love my cash position, and am prepared to stay in cash until I see some solutions to the problems facing america.
