The prospectus of the Y3000 forest boasts multiple positive scientifically proven side effects not just for its immediate region but for thousands of kilometres outside of the region. The best part is The Y3000 Desert can be duplicated anywhere in the world.
Global warming solutions and accurate research is being outdated just as rapidly as house hold computers were in the 90?s. Research up until now can show the statistics of the current Amazonian forest climate yet information directly related to what the world would be like without the Amazon is scarce.
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I am a real estate and mortgage broker - 22 years. The solution to the economy is really simple. It all began with Sub-Prime mortgages. In particular, the MARGINS on these mortgages were and are gougingly outrageous. I've heard many, many so-called experts all over local, network and cable television report on our Global Economic Crisis. Some report it as news. Others report human interest stories and yet others instruct the general public to tighten their belts, weather the storm and be frugal. NOT ONE speaks that way to the financial institutions!
Digital HistoryIn January 1935, Congress created the Works Progress Administration (WPA). Roosevelt's program employed 3.5 million workers at a "security wage"--
Harry Hopkins, one of Roosevelt's most trusted advisors, asked why the federal government could not simply hire the unemployed and put them to work. Reluctantly, Roosevelt agreed. [Source]
If you ask the feds, they'll quote you a figure of 8.7 million people, for an almost-respectable unemployment rate of 5.9 percent. But let's add in all the people who are working part time because they can't find fulltime work, and the ones who've given up on trying to find a job. When you add these 6.4 million people to the ones counted in the official numbers, you get a pretty dismal unemployment rate of 9.7 percent. [Source]
I suggest that President-Elect Obama revisit the WPA program to establish jobs to create a NATIONAL RAILWAY SERVICE that would connect cities in all states across America and into Canada and Mexico. Since our borders are already breaking down, this would create jobs in many different fields: construction, building engineers, train engineers, porters, ticket takers, border control officers, ticket sales, public relations. Of course, this is a HUGE endeavor, but it would also reduce pollution from auto emissions, cars on the road, the need for fuel, while uniting our nation.
Instead of pumping money into the auto industry, that lump sum could be applied to improving transit systems across the nation. I know, from experience that the Metro System in South Florida really needs improvement. AMTRAK is as expensive as some airlines, which is way off-base, but probably due to the lack of patronage. The transit system in New York is always in need of repair, but I found the Long Island Railroad to be efficient, when I used it from JFK to Penn Station, in October 2008.
The Japanese and French have "fast trains" that get people from point A to point B in a minimal amount of time. The Bullet Train in Japan, one of the first countries to realise the problems of the car. Created the bullet train, which lead to Europe taking interest in making trains go fast. The fares are affordable. For eight years, I traveled throughout Europe in the nineties and it was a pleasure to ride the trains in UK, France, Switzerland and Italy.
Obama should appoint a delegate of advisors to work with transit authorities in these countries to create the best possible solution to a growing crisis in the United States, transportation, thus, developing a means of employing even more than the 9.7% of people out of work, today, and providing a means of continual employment for generations to come.
Sincerely,
Joan Cartwright
Fort Lauderdale, FL
Seven simple steps to mitigate the effects of the financial sector crisis.
1) Congress passes and the president signs a freeze of mortgage rates at 6% until the crisis is resolved.
2) Congress passes and the president signs a freeze of all current and future forclosures until the crisis is resolved.
3) Review and resolution of all at risk mortgages within 2 years. Any that are owned by speculators or are not primary residences are on their own.
4) All at risk mortgages that are primary residences are reviewed and the mortgages modified to a fixed interest rate that allows the resident to remain in the home if at all possible. All forclosures back to the start of this debacle are reviewed and upon meeting the above criteria are overturned.
5) Banks and others involvled in creating or profitting from these questionable or fraudulent schemes have the right to remain silent, etc. You had your chance when you came up with all these scams. You have the same rights as any other defendant indicted of criminal behavior.
6) Criminal investigation by the FBI continues. Any and all found guilty of knowing defrauding the market and borrowers serve a minimum 10 years in a maximum security prison. No more leniency for anyone found guilty of financially destroying the health and welfare of others.
7) These conditions remain in place until the people through their elected officials and PUBLIC debate decide on a new set of regulation to minimize the ability of other criminals from repeating these abuses.
This costs the taxpayers nothing. The entities that suffer the losses and damage are the same ones that created the situation by creating the, at best questionable - at worst criminal, investment intruments. Even they risk losing less than if this collapses into a deep recession or, like the 1929 crash,a depression.
One response being suggested is to Herbert Hoover's example. When the market started recovering in 1929 nothing was done because the market started to recover. A few months later, the Great Depression started.
The worst thing we can do is rely on the very people, organizations, and policies that got us into this mess. Does any thjinking person out there really think that reducing regulatory oversight and increasing the greed factor by lowering or eliminating capital gains taxes will lead to anything good?
Please pass this on to everyone you know if you find it at all reasonable.
I have a solution to the current economic crisis. How about taking the $700 billion dollars and giving an equal share to each American citizen aged 18 or over. If my math is correct, that would amount to a $14 million gift to each of 200 million citizens - who, of course, would pay 30% of that right back to the Treasury in the form of taxes - that would be around $4 million from each, amounting to putting $800 million right back into the Treasury. Mortgages would be paid off, student loans repaid, health needs would be met, financial institutions would thrive as people realized that much money makes a lumpy mattress, there would be no need to worry about unemployment, and CEOs and everyday Americans would be on equal footing.
