Posted on 09/30/2008 5:39:04 AM PDT by navysealdad
What Caused Our Economic Crisis? http://angelfire.com/ak2/intelligencerreport/burning_down.html
Freddie Mac Scam that caused our Economic Crisis http://angelfire.com/ak2/intelligencerreport/shocking_freddie.html
Special Report on The Banking Crisis http://angelfire.com/ak2/intelligencerreport/banking_crisis.html
I bookmarked this but cannot find my bookmarks. Anyone know how to get to them?
I go for Gingrichs proposals:
Gingrichs four-point plan includes: (1) suspending immediately mark to market provisions (the accounting practice of valuing a financial position in an investment at its current market price) in the hopes of stopping the downward spiral in asset values and eventually replacing it with a three year rolling average; (2) repealing immediately Sarbanes-Oxley, the 2002 accounting law Gingrich described as an enormous drag on small business; (3) setting the capital gains tax rate at zero matching the Chinese and Singapore (to encourage private capital to flood into the market picking up properties without the taxpayers being at risk); and (4) passing an extraordinarily powerful energy bill (to return $500 billion a year to the American economy that are currently going overseas).
"Senator Obama did not weigh in on that bill."
Present!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.