I was just reading the highlights and came across, well, you read for yourself, here is the website.

http://news.yahoo.com/s/nm/...

I don’t know about this, but I am going to read the book.  I just thought that others should check it out for themselves before the election.

Before anyone gets their hairs crossed for me bringing this up, just consider I am not adding to this, just presenting it as is.  Everyone should make his or her own assumptions; I am not going to try to influence one way or another.  The title is just what I considered the most interesting quote from the article, and I elaborate to all parties that it is not meant to imply anything.  I am not implying anything at all just presenting what I consider the most interesting quote by this article.

(2008 Recession Plan) –just an idea

First of all I should say that I believe the recession will fatten out and reverse a little a few times during the year, but last longer than the year.

In truth, I must admit that I believe it is time to take all your money out of the stock market and look to local investment opportunities.   Sound business opportunities, like investing in public works projects by local municipalities or state projects.  Of course first look to see if the city leaders or state leaders have sound financial agendas for developing infrastructure that is conducive to economic growth, not just fluff stuff.

What I am referring to is:

1. Alternative energy projects that will realistically eventually reduce energy cost for consumers.

Reduce the cost of business operation through reducing energy expenses. Translates into lowering the price of goods and services

2. Increasing Railroad service, reducing the cost of transporting goods and or people across the state and or country.

Reduce the cost of getting goods to market.  Tanslates into lowering the price of goods and services.

3. Increasing student loans that require community service that would reduce labor cost on community projects that promote business, (like construction, waste management, community development for attracting business ventures, or providing after school tutoring to grade school students).

Reduce the cost of having to finding "competent employees", attracting consumers to areas previously without strong consumer traffic, and maintanence cost on commercial vehicles.  Translates into lowering the price of goods and services.

4. Creating a (gas tax reimbursement program). Basically create many bike trails with sensors that scan and track bikes with bar codes on them.  For every mile that people use their bikes instead of cars to get to work or travel on the weekend a certain amount is put back towards reimbursing them for not driving.  This would help to keep the cost of gas down by reducing further the demand, “supply and demand”.  This in turn would reduce the cost on consumer goods helping to bring down inflationary prices at the super market.  Of course it would only be a bonus if the reimbursements were calculated to cost less than what the savings are to investors, and the return interest.

"duh", Translates into lowering the price of goods and services.

What I’m talking about is not more taxes, but also investing in cities and states and not only receiving a return on your investment, but also promoting economic growth.

Of course I have more ideas and an expansion on this but this is just for the first half of next year.

larger view

My grandmother said once how hard it use to be, people use to say, "There would be plenty of time to rest when I'm dead".  I always thougth she was a tad bit morbid, but now I think I understand better.  The government now like then seems content to allow millions of Americans work themselves to death as long as the elite and influential don't lose a dime.

Anyway just doing what I do.

$700,000,000,000.00 Billion “Pay Off” is wrong, in the absence of intelligent ideas to the contrary I will attempt to post more sensible alternatives.

No. 1 “common sense”, prudent thought, and conservative values would dictate the old analogy is applied; “do not put all your eggs in one basket”.

No.2 in addition if the monies where to be used immediately, as those Billionaires and tycoons of industry would have us believe, it would most certainly be from foreign investors like China.  Another old analogy can be applied to describe this, “never put the wolves in charge of the hen house”.

Enough whimsical analogy, if you haven’t got it by now it would take too much of my time and that is apparently something we are all running out of.

The economy is in part, in a recession, and it will continue to envelope the entire country until situations occur to rectify the problems and develop solutions.

This Bailout will do no long term good, beyond 2 years it will be of no relevance, again that would take to long to explain, I trust in those who have an understanding of the economic and upper financial process to explain later if they choose too.

Buffet was correct in stating that this is what amounts to a “Pearl Harbor Attack” on America’s financial infrastructure, but I feel he is misguided in his assumptions.

Here is an analogy to explain my statement (2+2=4 and 2x2=4), despite both of us coming to the same conclusion we came about it in different ways.  While I’m sure he believes, as strongly in the manner in which he has come to the same conclusion, I must trust in my own judgments until reason and logic dictate otherwise.

The reason the $700,000,000,000.00 Billion dollar bailout is wrong is because it negates the possibility of a fundamental shift in our financial institutions.

What I am referring to is the point at which our institutions have exceeded their necessity to us, and in turn become overly burdening rather than beneficial.  In other wards while our economy depends a great deal on credit to finance growth, is the growth justified or are we trying to create a balloon economy.

It was not individuals per say that are the culprit, but the psychology of the financial institutions.  The belief that credit beyond tangible growth potential should be the norm believing that eventually the market would catch up to the debt.

They gambled on this and will do so again, it is in their nature.  I mentioned on here once a 5,000-year-old story about understanding the nature of things and learning to stand by that wisdom, even in the face of overwhelming convincing stupidity.

What we need is to allow this recession to take hold quickly to be getting passed it quickly, with this bailout we are going to drag this recession out longer than we need to and allow the siphoning of Americas potential in the processes.

That is all I should to say intelligently on the reason why this bailout is the wrong choose for America.

Now here is an alternative to the $700,000,000,000.00 “Pay Off”.

A $700,000,000,000.00 “Build Up”, or call it (the American Economic Reinvention Project A.E.R.P.).

Instead of giving the monies to the treasury department, keep it in a special fund controlled by congress to provide credit to institutions for business expansion, and increasing the F.D.I.C. to $500,000.00.

First and fore most this would give retirees the opportunity to secure their savings from defaulting financial institutions.

Second, it would force those with large monies to spread their wealth among many financial institutions, reducing the chances of default by those financial institutions.

Third as irresponsible managed companies close up and workers are displaced, this would enable their competitors who where responsible in managing their finances to acquire those disenfranchised workers through special federal emergency loans for economic reinvention.

In other wards the rich would be forced to spread their money or risk losing it providing more capital investment for banks.  Responsible companies would grow, and worker who lost their jobs would find new ones with a more solid business.

This way we would be able to reinvent the entire American economy and shorten the recession coming out of it even stronger than when we went in.

If only the congress was listening.

“Welcome to the Socialist soon to be Communist country” of the UNITED STATES OF AMERICA

Apparently “King B” and his Billionaire cronies can usurp “the will of the people” through FEAR TACTICS.

These days will be marked in history as a turning point in America when those in power knew once and for all that Americans can be led by FEAR towards their own destruction.  I can hear it now, promise them that if they (the American people) do what we tell them that they will have a job, but (to hell with free market).

The elitist have the liberal media, and know what to “say” (if you don’t pass the bailout you will lose your job) and “do” (cause the stock market to drop 777 points) to get the American citizen so afraid of not complying with what they want, that we like lambs willingly go along to be slaughtered.

Think for a second or two, if we invested in something is there not a risk that we could lose our money, if so would anyone bail us out, NO!

With this BAILOUT, we are saying to the rich bankers, the rich investors, that go ahead no matter what, if you lose so much money that we will cover your loses.

Listen people and listen good because the future of America is being decided NOW, it is not the end of the world but the determining factor of what world we will live in.

Just like the progressive movement at the beginning of the last century dealt with fair wages, safe working conditions, child labor, and the rights of all workers; so to do we need to begin a new.

It is apparent that our representatives are not listening to “Common Sense” or their own conscious, because no man or women of good conscious would be willing to pay $700,000,000,000.000 billion dollars OF TAX PAYER MONEY to PAY OFF RICH PEOPLES GAMBLING DEBTS.

This is a $700,000,000,000.00 BILLION DOLLAR GAMBLING DEBT plain and simple.

They are asking you to pay off the rich corrupt investors gambling debts, and THREATENING YOU IF YOU DON’T GO ALONG WITH IT.

I don’t believe in giving into threats or terror tactics, these men and women of power are acting like terrorist, threatening to hurt the United States of Americas economy if we the American Citizen do not pay off their gambling debts.

Anyone who knows a gambler or is one knows that they don’t stop gambling when you pay off their gambling debts or place rules on them.  They will find some way to work around the rules and gamble again, it is in these corrupt rich peoples nature they are risk takers, but they want to risk YOUR MONEY.

It is of the up most importance that all good Americans pay close attention to what I am about to say, no matter what we are in for hard times, but will we have $700,000,000,000.00 Billion dollars to help the Average American deal with these hard times or are we going to give it to the Rich Corrupt to weather the recession.

If you believe that Average Americans should have the $700,000,000,000.00 Billion dollars to help with job loses and to provide loans to businesses who have acted responsible to make it through the recession; then you need to email every hour to your representatives and tell everyone you know to do the same and pass it along.

“VOTE NO TO THE $700,000,000,000.00 BILLION DOLLAR PAY OFF”

If you believe that the Average American should pay the $700,000,000,000.00 Billion dollar GAMBLING DEBT OF THE RICH AND CORRUPT then do nothing.

It is plain and simple without hundreds of millions of emails and floods of phone calls from constituents these CORRUPT RICH GAMBLERS WILL GET THERE $700,000,000,000.00 GAMBLING DEBT PAY OFF.

Don’t tell me your emails every hour and phone calls don’t work; because it has proven itself to work already, we just need to do it again.

Of course if you WANT TO GIVE INTO THE THREATS made by the elite and their media cronies, then act accordingly.

I am a native born TEXAN, I am smart enough to know when people are trying to manipulate me, and I don’t respond well to threats.

If anything I believe that those who are willing to use Tax Payer money for this “Pay Off” and those who weakened the American economy because of selfish greed should be taken out back and you know what.

This is not a time to have a gray area, either you are with the American people or you are against them, remember those that vote for this bailout because they are giving you their answer.

It is time for a “New American Revolution”.

The $700,000,000,000.00 Billion dollars has to come from somewhere, if you print more money that will lead towards higher inflation, if you cut social programs that will lead towards poorer quality of life for some Americans.

Ask your representatives where are they going to get the money for the “Pay off”, probably China.  Eventually we will have to pay it off and with interest.

They weren’t lying when a politician said “the largest transfer of wealth in history”.

The only other alternative is to increase taxes or raise interest rates, which would affect credit card payments to student loans.

It is simple economics the money has to come from somewhere and it is obvious that the rich corrupt bast—ds are not going to pay for anything.

Think people, think.

This is why smart people don’t go into politics.