Wow, that last one was depressing.Okay, let me get some tissues, dust myself off.
Mr. President, you've got the right tone, and are getting up to speed as fast as you can, I understand, so here's how we can get out of this:
Bring in guys like Peter Schiff, Nuriel Roubini, Nassim Taleb, Benoit Mandelbrot, George Soros who all basically saw this coming and know how the world works. They won't all agree on how to handle the problem, but they have no bias to save failing institutions, and have no connection to the failures of the past.
More importantly, they actually understand what is happening here.
Take drastic measures: Like my 3 Point Plan to Save Mankind from last year:
1) Stop All Bailouts. Every one, and what we've already started, claw it back.
2) Guarantee All Bank Deposits. No limit, and guarantee all money markets (Basically, nationalize the banks).
3) Cut Corporate Tax Rates To Zero.
Add a few more points:
4) Legalize Drugs: Regulate and Tax
5) Adopt The T. Boone Pickens Clean Energy Plan -market centric, not government subsidy centric.
6) Tax Oil
7) Flat Income Tax
8) Commit to some sort of loose currency peg to gold = dollar strength.
This will piss everyone off and save the Union.
Yes, we can!
