Today, on Meet the Press Alan Greenspan clearly defined the problem in our economy is "the banking system is broken". Amen.
We in America understand this. What is the solution Alan?
How about raising interest rates so banks will start lending money to both companies and consumers? Would that not work?
Maybe if we stop and get the Federal Reserve from being the "fourth" branch of government, then maybe, just maybe we would not be in the horrible position we are at, right now.
We need to audit the Federal Reserve, ensure this "fourth branch" is subject to Congressional oversight, is transparent, and keep the Federal Reserve from interfering in a fair market economy causing huge cyclical swings concurrently in some zany redistribution scheme of our savings and investments.
There are solutions to the mess we are in. And it is time we hold the Federal Reserve system not be this "fourth" but not transparent manipulator of our economic cycle. Merely ask Ron Paul what he thinks we should do with the Federal Reserve system. Is Mr. Paul not right? As my friend and advisor Sharon likes to ask me:
Am I right or am I wrong?
tdus
Sunday, August 1, 2010
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Anyone that would like to post solutions to make America a better nation as a guest blog author; or has solutions to fix some of the problems in America, send me an essay to tscherer4@kc.rr.com. Also known as Thomas E. Scherer, your better candidate for United States Congress
Merely remember if I am elected to Congress, you the individual are my boss. PACS, Lobbyists and Special Interest Groups, sorry, but just go away. Americans are tired of the United PACS of America buying and corrupting our congressman and Senators. Our candidate is not for sale.
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