Agree with the solution (Glass Stegall-mo
dified or, much higher levels of equity capital and transparen
cy.)
It is necessary, however, to go further. The U.S. must create a SURPLUS Budget, with Level spending at substantia
lly reduced levels, and a 5% Surplus budgeted to PAY DOWN U.S. DEBT .
We need a generation of austerity (of reducing big government
, eliminatin
g monopolies in every segment of the economy, restructur
ing Education and Health Care to free enterprise models) to re-balance the books, allow the entreprene
urial spirit to re-assert itself, and through strong polulation management
, allow standards of living to increase.
Read the Article at HuffingtonPost
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