Drop the capital gains tax altogether (2 years is a start, but I'd like to be rid of it completely)
Dictate that this money be used ONLY for the purchase of mortgages, not "mortgage related securities"
Dictate that this money be used ONLY for the purchase of mortgages FROM US Institutions (no foreign investment banks)
Publicly describe in detail how we got here and how our "affordable housing" initiatives actually caused this and name names. I want to see Barney Franks, Chuck Schumer, Nancy Pelosi, Harry Reid and Barry Obama named specifically and the real information on how this happened made public.
Why is this money not restricted to buying actual mortgages?
Why is this money not restricted to assisting American companies?
Ask your representative and push them to answer!
According to Obama this morning, the “bailout” funds now been expanded to target “community banks” that serve lower and middle income people. Thus, such banks will continue to be required to make bad loans and the meltdown will be allowed to go on indefinitely.
According to Obama this morning, the “bailout” funds now been expanded to target “community banks” that serve lower and middle income people. Thus, such banks will continue to be required to make bad loans and the meltdown will be allowed to go on indefinitely.
According to Obama this morning, the “bailout” funds now been expanded to target “community banks” that serve lower and middle income people. Thus, such banks will continue to be required to make bad loans and the meltdown will be allowed to go on indefinitely.