I once again heard the President talking as if the ills of the American Economy will be cured if we all run to the mall with the $600.00 being sent out in May.
I think maybe this man is completely delusional at this point. does he not realize that food costs 4x more than it did 2 years ago, Gas is up from 1.30 to 3.29, my electric bill went from 350.00 a month to 1200.00 a month.
Hmmm, so I went and checked on the Presidential WebSites...
I did not find any real solutions being offered, I know I know now i will get bombarded with the MY Candidate has a solution... But he does not or she does not, (at least he covers 2 of them)
http://www.hillaryclinton.com/...
http://www.barackobama.com/...
http://www.johnmccain.com/...
They have Energy plans, do any of them have a corporate Greed plan?
how about we start by passing on the lack of profit to well the people taking the profit, Large corporations?
How about instead of revamping the credit industry, which by the way was done beautifully to make sure YOU and I never get good credit again. We revamp the Corporate profit policies?
Corporations are expected to increase profit year over year, in an attempt to have unbounded growth. Nothing has unbounded growth, and this Wall Street Expectation is what is drove the off shore decision, the need to have it all produced over seas, the need to make it cheaper and faster. We punish corporations for not having double digit profits year in year out. No one and no corporation can sustain that kind of growth, and if they can not sustain growth we do no get paid.
Instead of expecting double digits, why not lower the expectations across the board, in fact have a massive restructuring, all profit over 8% (which covers overhead and leaves about 3 points pure profit) Is reinvested in the community, or education, or health care.
I realize this is a socialist type of proposal, but we the American people should not fall for another candidate making promises that will not address Corporate Greed