5 Fixes America Needs Right Now

More and more Americans are afraid we’re heading for a double-dip recession. President Obama says our way out of our economic slump is to double American exports over the next five years. But China’s go-go economy is slowing down, while Europeans are announcing austerity programs from London to Athens and all points in-between. If the world is contracting, who’s going to buy all the stuff we plan to export?

And then there’s the question, “WHAT are we going to export?” There are more Americans employed in government than there are manufacturing and construction. It’s been that way since 2007 and it’s getting worse. Our manufacturing base has been hollowed out and shipped overseas by the same Wall Street chuckleheads who tell us Americans are too lazy to do these jobs.

Real Stuff Vs. Government Payroll

This chart shows people employed in manufacturing, mining, logging and construction versus jobs for federal, state and local government employees (including teachers). You can see this trend isn’t good.

So I’d say Obama’s Plan A is SNAFU’d. Meanwhile, about 49 of the 50 states are running budget deficits that they can only balance by slashing expenses. Congress has shown it’s in no mood for a second stimulus package. Yeah, I’d say worries about a double-dip in the economy are right. And if things aren’t handled correctly in Washington — and you’ve got to admit their track record isn’t good — never mind a recession, we could even see another depression.

So what are we going to do? Some answers are elusive, but others are obvious — at least to me. Too bad there’s no one with any guts in Washington, because doing any of these things requires putting the country ahead of special interests.

Still, since I’ve got the soap box, here’s what I would do …

#1) Save $12.2 Billion a Month. And by that, I mean call our troops home from Afghanistan and Iraq — immediately. This is nothing against our troops, who have done a great job in wars they didn’t pick to fight. But both wars, together, cost us $12.2 billion a month over and above our normal military budget. And that doesn’t include the countless loss in blood and broken bodies that you really can’t put a price on (how much would I have to pay you to blow your legs off?).

It’s funny to me (not ha-ha funny) that all the people in Washington calling for austerity don’t seem to notice this extra $12.2 billion a month we spend on wars we can’t justify that are waged for the benefit of people who hate us. A big chunk of the money is looted by corrupt governments in Kabul and Baghdad, and then there’s the run-of-the-mill looting done by defense contractors.

Here’s a few facts you may not know about the wars …

  • We have spent more than $700 billion in Iraq alone since the war began; it will easily cost American taxpayers $1 trillion before we leave there.
  • The Pentagon budget for 2010 is $693 billion — more than all other discretionary spending programs combined. America spends 44% of the entire world’s military budget. Surely, some other countries can pick up the spending for their own defense.
  • Palm Jumeirah
  • Billions of dollars in aid to Afghanistan have been tracked to Dubai, where well-connected Afghans buy luxury villas built along the beaches of the Palm Jumeirah — a man-made island shaped like a giant palm tree — and live it up on your tax dollars. The Afghans looting it up in Dubai include a brother and a cousin of Afghan President Hamid Karzai. So, you can see that Afghanistan is rotten to the very top. I don’t want to spend another damned dime there!

President Obama was elected on a promise to end the wars. Instead, he’s expanded them, apparently after listening to bad advice from the brass hats. If it was me, I’d tell the generals to make plans to get the boys home in two months. That might send the right message.

So, $12.2 billion a month adds up to $146.4 billion a year saved.

Tens of thousands of Afghan civilians and hundreds of thousands of Iraqi civilians died because we went to those countries; they can’t do worse if we leave. Sooner or later, both Iraq and Afghanistan have to work out their own problems. And let’s say the bad guys take over Iraq. Then they’ll be just like Iran, a country with bedbug-crazy leaders who will still sell oil to anybody … including us.

#2) Hit China Where It Hurts. I’m so sick of China’s song and dance about how they might allow the value of their currency, the yuan (or renminbi), to climb a little. They’ve been playing this “maybe we’ll let the yuan float” game since 2005. For Pete’s sake, why does anyone believe them? China’s artificially low currency is a HUGE trading advantage that is sucking American jobs overseas. It needs to stop — NOW!

Most people don’t seem to remember — I guess it’s selective amnesia — that China suddenly devalued its currency by 30% when it pegged the yuan to the U.S. dollar. And it slowly and steadily devalued it even before that — the yuan traded at 1.5 to the U.S. dollar in 1980; the yuan trades around 6.8 to the U.S. dollar now. So, the answer is obvious — put a tariff on Chinese goods. If you want to be fair, make it a 30% tariff. The Chinese are never fair — so, feel free to make it as high as 50%.

The “free marketeers” will tell us tariffs are bad. Well, tariffs were good enough for our founding fathers, who slapped big tariffs on goods from England, another country that waged economic war against us after the Revolutionary War. And frankly, after all the bank bailouts, Detroit handouts, and Wall Street welfare going on for at least the last two decades, no market is truly free.

To be sure, slapping a tariff on Chinese imports would make prices of all the goods we buy from China — most everything you buy from Wal-Mart — go up by 30% or more. It would be a HUGE dislocation in our economy as well as theirs. I’m not saying it would be fun — I’m saying it’s necessary. Our throw-away lifestyles are being artificially propped up by the fact that we’re shipping our manufacturing base piece-meal to China.

And sure, China would probably retaliate by slapping a tariff on goods we sell them. They have more to lose than we do. China’s exports increased 48.5% in May from a year earlier.

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But you know what else a tariff program would do? It could start pulling jobs back from China to the U.S. The problem is that the jobs could just go to another low-wage manufacturing country. That’s why we need to put “fair-wage” tariffs on all imports. The alternative is to see America’s manufacturing base continue to be eaten away until our economy is as rotten and hollow as a termite-infested log.

One last thing: The U.S. trade deficit was $380.66 billion in 2009. If we could cut that in half, that would be effectively a $190 billion stimulus package every year, without incurring any debt in the process.

#3) Reinstate Glass-Steagall. The financial reform getting worked over in Congress right now is a toothless wonder. It does nothing to address the main problem on Wall Street, which is that the banks we apparently can’t allow to fail are entwined with the trading houses that are ripping us off.

At one time, banks did boring ol’ banking and brokers gambled with other people’s money. This was due to the Glass-Steagall Act, passed in the 1930’s to help prevent a recurrence of the 1929 market crash and the Great Depression. It provided strict separation of the activities of various types of financial firms, the overlapping of which was significantly responsible for creating the late 1920’s market bubble and subsequent crash.

Glass-Steagall forced financial firms to divest themselves of overlapping operations and focus on their core business. Reinstating Glass-Steagall is the most obvious financial reform needed. The fact that the Obama administration opposes reinstating Glass-Steagall raises another needed reform.

Since some of the banks we bailed out have paid back some of the money, the total cost of the bailout is now expected to be $89 billion. Since Wall Street will repeat its mistakes unless we change things, reinstating Glass-Steagall will probably save us at least another $89 billion.

#4) Close the Revolving Door between Wall Street and Washington. The major players shuttle between top jobs in Washington and Wall Street. As a result, the government is “captured” and in effect becomes an arm of Wall Street, passing laws to make bankers richer rather than protecting average citizens.

In the late 1990s, Sandy Weill, then head of Citicorp, led the fight to rescind Glass-Steagall. Phil Gramm, the chairman of the Banking Committee, worked with Citigroup lobbyists to get it the repeal passed. The repeal was called the Gramm-Leach-Bliley Act after the three Republican senators who pushed it through Congress. President Clinton embraced the repeal.

According to PBS’s “Frontline,” just days after the Treasury Department agreed to support the repeal, Clinton’s Treasury Secretary, Robert Rubin, accepted the job as Weill’s chief lieutenant at Citigroup. Phil Gramm went on to become an executive at UBS, another giant bank that was a big beneficiary of repeal.

What is needed is obvious. If you work in the government, you can’t work on Wall Street for 5 years. Period. That may mean we’ll have to accept that we don’t have the best and brightest in those jobs. Considering that the best and brightest seem to be ripping us off, I’ll settle for competence and adherence to the spirit as well as the letter of the law. It will be far less expensive.

#5) Legalize the Underground Economy and Tax It. Everybody wants services, but nobody wants to pay higher taxes … that you need to pay for services. And those expensive wars that President Bush started and President Obama is continuing? NOBODY wants to pay for them, either. The fact is, we need to get more inflow to match our outgo. The place to get mo’ money is to legalize the underground economy, an economy that is operating tax-free right now. I’m talking about marijuana.

According to analysis by CNBC, marijuana could be a $100 billion business if it was legal. And a Harvard University paper, “The Budgetary Implications of Drug Prohibition,” projects that legalization of marijuana could yield over $20 billion in tax revenues and enforcement cost savings.

And it’s not like we’re winning the war on drugs. If anything, we’re losing. Look at this chart from the DEA on eradication and seizure of pot plants …

National Cannabis Eradication and Seizures

The numbers aren’t going up because less people are growing pot. Quite the opposite. Marijuana prohibition is working out about as well as alcohol prohibition did in the 1920s — it enriches criminals, criminalizes users, and robs the public treasury of potential tax dollars.

Hey, you don’t want your taxes to go up? Neither do I! So legalize pot and tax it. And consider legalizing other underground economies as well. According to Wikipedia, my favorite source of possibly made-up statistics, prostitution is a $108-billion-a-year business. What if we legalized and taxed that as well? Every dollar in taxes a prostitute pays is potentially one less that YOU have to pay.

My Point: There Are Solutions to This Economic Mess

People say: “Well, we CAN’T reinstate Glass-Steagall … we CAN’T legalize pot.” Hey, if we aren’t willing to try “taboo” solutions, then it sure looks like we’ll continue down the same road we’re going down now … and some potential outcomes aren’t pretty.

One book I recommend to everyone is “Collapse: How Societies Choose to Fail or Succeed” by Jared Diamond. In the book, Diamond tells the fascinating story of the Norse people who lived in Greenland many hundreds of years ago. Their world underwent changes that threatened their way of life and their very existence.

The Greenland Norse lived on an island that was surrounded by fish … oceans of fish … but they refused to eat fish. Fish was taboo for the Greenland Norse. The winters got colder and colder, killing the crops and livestock in Greenland until the remaining Norse starved … even though fish were packed gill to gill off their shores.

There were other people in Greenland during those cold winters — the Inuit. They had no problem eating fish. They lived while the Norse died.

I want America to be as flexible as the Inuit. We should recognize that things need to change. Maybe we can’t afford to be the world’s policeman anymore … or to let Wall Street rob us blind … or to let certain parts of the economy (the illegal parts) operate scot-free from taxes.

I think we can all agree that the national economy and the global economy are both on slippery slopes. It’s time to think outside of the box. We just need an effective leader who is willing to grow a pair and try some real solutions. If you don’t like my solutions, come up with others. But don’t tell me America can’t be fixed. It can be fixed … you just have to be willing to do it.

Hope for the Best and Prepare for the Worst

Until and unless the parasites — oh, did I say parasites? I meant politicians — in Washington actually remember who pays their salaries and start doing their best rather than their worst, you might want to prepare for the worst. Those preparations may include …

1. Own Gold. If our nation continues to spend more than it brings in, we will follow Greece and Europe down the road to a currency crisis. One way to insure against this is to put some of your wealth in physical gold bullion — and silver, too. And with the recent pullback in gold, it’s a great time to buy it.

2. Get Out of Debt. If this country is headed for a serious financial crunch, you don’t want debt hanging over your head. You want cash in the bank along with gold in the vault.

3. Start Prepping for the Worst. You can prepare for whatever emergencies life throws your way. And if we have a really big crash, the government might not be there to save your fat behind. Consider following the recommendations in my book, “The Ultimate Suburban Survivalist Guide.” The advice in there covers everything from money to power supplies to guns to canned goods.

4. Don’t Lose Hope. There is a light at every tunnel. The economy may well go into a double-dip recession — or worse — but there are stocks that will likely outperform on the way down and lead the charge on the next leg up. On the one hand, I like gold and silver miners. On the other hand, I like companies that pay big, fat dividends. They outperform in every recession — even bad ones.

Our leaders in Washington and on Wall Street may not wise up — but you can start making the smart moves with your money today! Our government may not be able to adapt and make tough choices. Can you?

All the best,

Sean

P.S. My monthly publication, Crisis Profit Hunter is packed with dividend-paying stocks — as well as gold and silver picks. Plus, if you subscribe now, you can get a FREE copy of The Ultimate Suburban Survivalist Guide. The next crisis is coming — get yours today!




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Your thoughts on “5 Fixes America Needs Right Now”

  1. Dear Sean, I do agree with your points of information. My question is do you send this info to President Obama and his administration.
    THERE IS SOMETHING REALLY BAD ABOUT BOTH THE DEMOCRATS AND THE REPUBLICANS IN WASHINGTON TODAY. i WOULD THING THE REPUBLICAN PARTY WOULD BE YELLING TO HIGH HEAVEN ABOUT THE NEED FOR FAIR TRADE. WHY IS IT THAT THEY ARE SILENT. AND WHY IS IT THAT THE REPUBLICAN PARTY IS OFFERING VERY LITTLE SOUND WISDOM ON ANYTHING THAT IS AS CRITICAL AND THE RESTORATION OF THE U.S.A????? THANKS FOR YOUR VALUABLE INSIGHT INTO THIS HORRENDOUS PROBLEM THAT IS DESTROYING OUR GREAT NATION. –LB.

  2. You forgot one…stop payment to 30 million illegal aliens and save 113 billion a year

  3. Well put, I agree with everything you wrote and also with most of the comments left. Type it up and use it as a platform for a new “Common Sense”pPolitical party and I will vote for those candidates. Regarding the Walmart pricing going up, I agree but I think USA ingenuity can be relied on to come up with ways to mass produce the goods that would no longer be coming from China – at reasonable cost and better quality. We can JV on some items with our NAFTA partners. We are a resourceful and resilient people envied the world over. I just don’t understand what goes on in the minds of folks who get into government. I think we need a strong defensive military, with enhanced Intel and covert capabilities, but we have gone completely over-board.

    Bob’s comment above to get out of everywhere is poignant and sage advice when you consider, the following:

    In his Book “Day of Reckoning: How Hubris, Ideology, and Greed Are Tearing America Apart”… Patrick Buchanan writes:
    “…With America adding allies and bases all over the world after its Cold War victory and 9/11, Asia expert and author Chalmers Johnson (The Sorrows of Empire) undertook to inventory U.S. military assets. James Sterngold of the San Francisco Chronicle relates what he found: Johnson says the Pentagon’s calculation that it owns or rents 702 bases in about 130 countries – over and above 6,000 bases in the USA – is a gross underestimate because it fails to include installations in such places as Kosovo and Bosnia, as well as Iraq and Afghanistan, and secret installations in Israel, Australia, and England among others.
    Some of the larger commitments of U.S. Forces as of 2004 were Iraq 153,000 – Germany 75,000 – Japan 47,000 – South Korea 37,000 – Italy 13,000 – England 12,000 – Afghanistan 11,000 (that was 2004 now over 50,000) Kosovo 5,000 – Bosina 3,000 – Qatar 1,600 – Djibouti 1,600 – Philippines 1,000.

    In case your wondering I added them up and it comes to 360,800 USA military deployed overseas, and please realize that is NOT all – we have troops in Guam, Colombia, and the Congo, and who knows where else? Why do we need these deployments in Germany, Japan, South Korea, and Italy – its absurd. Talk about the peace dividend? The book says our citizens are often ignorant of the fact that our garrisons encircle the planet. American military bases are on every continent except Antarctica.

    I am all for a strong defense – but seriously . So I concur with Bob, bring the military home from everywhere, redirect these defense contractors towards more constructive work, take their talent and put it to use solving USA infrastructure.

    Again Sean thank you for the Brilliant viewpoint you are spot on with everything you wrote. My little piece of advice is to vote out ALL INCUMBENTS, if nothing else – they are obviously a confused lot, completely out of step with main stream America. Give them their walking papers Republicans or Democrats it doesn’t matter they are all seriously confused and have to go.

  4. Sean,

    Bravo! You have some concrete solutions that would make a difference. You need however to go further.

    1. Get out of Iraq and Afghanistan. Get out of EVERYWHERE! Cut the defense budget by 50%. Bring ALL the troops home. Germany, Japan, Korea. The days of us being the world’s policeman is over. We can no longer afford it. As a matter of fact cut the government in total by 50%. (including social security and medicare). That would only set us back to 2002 levels! Leave Customs, immigration, the FBI and Veterans Admin alone. They are the only sacred cows.
    2. Hit China where it hurts. Tarrifs yes. Figure out what the cost of an item would be if all U.S. laws applied to it’s manufacture. OSHA compliance, environmental laws, minimum wage laws, labor laws, taxes etc. and that’s the tarrif. No more unfair competition.
    3. Reinstate Glass Steagel. That’s only the first step. Hold government bureaucrats criminally liable for negligence. Clean house at the FED, the treasury, and the SEC. Audit the FED. Allow fannie and freddie to go bankrupt. INVESTIGATE FRAUD. During the S&L crisis 10,000 folks went to jail. In this crisis ZERO.
    4. Close the revolving door. AMEN.
    5. Legalize the underground economy. The War on Drugs has gotten us nowhere but broke. Prohibition hasn’t worked, and legalizing is NOT legitimizing. The gangs would implode with no source of revenue. Violent crime would go way down, and taxes would go up. Better yet advocate the Fair tax! The most stimulative piece of legislation since the ratification of the Constitution.

    We need to think outside the box. This is outside the box thinking and it would work if you could get it through a corrupt, bribed Congress. The people no longer rule in the U.S.A. the monied elite on Wall Street rule. We have a nation of non thinkers.

    Bob
    30 year retiree USAF

  5. Dear Sir, I am a retired business owner and professional engineer and I am worried for America’s future….

    I have concluded that the many problems that congress has been generating need to be attacked from their root causes rather than as individual problems. I hope we can start a national movement rather like the Tea Parties to remove the root causes that are corrupting congress and our ability to function under our constitution.

    I have listed below 4 problems that can be fixed by the outrage of American voters. Please feel free to polish the wording or suggest changes. As an engineer, I am a neophyte at anything political but I truly believe the “solutions” I’ve offered would make a huge change to the better for America.

    Fixing what’s broken requires identifying the problems.

    Problem:
    Americans have lost trust in the honesty of their legislators who are often found to have bad credit histories, taken bribes or committed other crimes.

    Solution: Require all candidates to release their credit reports and criminal histories (if any).

    Problem:
    After legislators have been re-elected a few times, they lose touch with the voters and build too many “cozy” relationships with companies, groups and individuals.

    Solution:
    Limit legislators to 1 term as a Senator or two terms as a Representative so they’ll have less time to build unethical and/or criminal relationships. After their term is up, they must return to the status as a regular citizen and live with the rules they made!

    To give new Congressmen an experienced start, require departing Congressmen to pledge under oath to provide 3 months of cooperative “handing over” to their successor.

    Problem:
    Americans loose faith in our government when they have reason to suspect criminal behavior of some Senators and Representatives who become wealthy while in office.

    Solution:
    All Senators and Representatives will undergo financial audits before being sworn in, and again on the completion of their terms so Americans can judge their honesty.

    The assets of S&R’s will be placed into blind trusts while they are in office so they will not be tempted to promote legislation for their personal gain. Unaccountable gains will lead to investigations and possible punishment.

    Punishment for improper gains while in office will be subject to triple reparations.

    Retiring Senators or Representatives cannot engage in lobbying within 2 years of their leaving their congressional office.

    Problem:
    S&R’s have set up for themselves extremely generous salaries, retirement programs and medical insurance programs.

    Solution:
    S&R’s salaries can be no more than twice the average income of the American worker. If the honor and duty of service is not attractive enough for them, we don’t need them.

    S&R’s will receive no retirement benefits for time served in office as elected officials, and they will not receive any health insurance benefits not available to the general public.

    ? What do you call an organization that votes to steal vast amounts of money from defenseless parties and the puts it to their own uses?

    Answer: Organized crime!
    This is exactly what the U.S. congress has been doing for decades when they commit hundreds of millions of unborn Americans to TRILLIONS of dollars of debt that members of Congress then use to enrich themselves and to buy the votes of uncomprehending voters. This should fall under the RICO Act. which was enacted to combat ORGANIZED CRIME!!

    think about it…

  6. I am with you on 4 of your five points. I think that it would be a mistake to start a trade war with China – for two reasons. One, a similar trade war was one of the causes of the 1930’s depression. Of course, the depression was mostly a natural result of the roaring twenties, but restricting international commerce didn’t do anyone any good. In addition, it will raise prices for a lot of what most people buy in this country – importing inflation. That’s about the last thing we need right now (although it sure will help my precious metals investments). Are you just proposing tariffs for what it will do fo the price of your precious metals investments? I would replace your number two with (1) Abolish the Fed, (2) Reduce the size of government by 50%, (3) Require the CFTC to enforce reasonable position limits on gold and silver Comex futures trading, and (4) Restore gold or silver backing of the US Dollar.

  7. So, will history show that the nation known as the united states of america was surrounded by land to grow industrial hemp on, but wouldn’t because it was a competitor to crude oil and the estanlished monopolies?

    The norse may have been edged out of the fish market because the inuit were better at controlling the waters, similar to how china appears to be better at making trade agreements with nations, capitalising on the fact that many people have had enough of the violence inflicted in the name of western capitalism.

  8. I won’t say that I agree with all that Sean wrote, but please save us from some of the responses it dredged up out of the readers of his thoughts. China, Inc. Is locked into our economy and the key tossed into the trash. There is no way that that will change no matter who gets elected to Congress. If you want to know who really controls a lot of what happens to this country & our economy, check out two of Michael Lewis’s books: “Liars Poker” and “The Big Short”.
    Also, check out “13 Bankers” by Simon Johnson & James Kwak. To coin a phrase, “A mind is a terrible thing to waste – – – fill it with some real knowledge!

  9. Your writings are amazingly true in my opinion, THANK YOU THANK YOU for including me on your contact list. Joanne

  10. The only important fix which would take care of all the other automatically is the one you missed. Rescind the charter of the FED and repudiate all debt owing to it, and force the return of as much of the money stolen from the people by the owners of the FED as possible. This would return the government to its original purpose which is to protect individual rights. Period. That would instantly end taxes, poverty, wars, lobbies, and all the parasitic industries clustered around government and would restore the wealth of the people.

  11. what a terrific article. full of great advice and sound,tangible ideas for getting this country back up off its back. i plan to forward this article to everyone in my address book. i for one would love to get some feedback of how all of your ideas are either no good or would not work. just brilliant.

  12. Hi Sean,
    I regularly read your’s and Larry’s articles on Uncommon wisdom daily. This is one of the most sensible and simple articles I have seen on steps to cure our economic woes. And this is also one of the first article by an economist calling for a well deserved tariff on Chinese imports. From what I have seen all the other economists are busy showering praises on the Chinese economy, while ignoring the unethical path take by the Chinese communist government to build their economy. Sure the Chinese economy might be built on hardwork of the Chinese laborers, but their economy is what it is due to artificial devaluation of their currency and infringement of Intellectual Property Rights and theft of technology by Chinese companies.

    I hope that our politicians are sensible enough to see these truths and have the courage to implement them.

  13. Sean:

    I suggest that you include some limits to Chinese companies, which offer products and services with prices under the normal cost, because they are financed (or owned) by the Chinese Government. This finacing bankrupted a lot of companies here in Brazil.

  14. Wee don’t have to deport the Mexicans. We just need to fine the companies thta hire them. We need to put tariffs on Chinese goods and we need to let the Mexicans make the junk. But they need to make decent money, then we wouldn’t have to send the goods across the ocean on huge ships. The Mexicans would go home with jobs. Let Europe and Asia and Australia buy the Chinese junk. There is a solution to this problem.

    Then we need to close the CIA so it will stop them from making wars and dumping drugs on our country. The FBI since they seem to not be able to arrest any Israelis for 9/11, then they must be restructured.

  15. Great article. How do you propose we get people into Congress and the White House who aren’t corrupt, on the take, bribed, paid off, and completely compromised? Read “Hoodwinked”, then tell us the solutions are out there. The prison industry, big pharma industry, gmo industry, drug war industry, etc. etc., are not there for the good of the country, and they can bribe politicians, regulatory groups, agencies set up to monitor and protect… so that your vote and my vote and the public good count for nothing. Profit is all that matters now. The culture is in a serious state of decline and our political process is broken. It is approaching the time when a Jeffersonian solution will be considered a reasonable course of action by a large percentage of the population. Then your book will be very valuable. There are no shortage of solutions, just no political will to implement them. Dem,’s and Obama got in precisely because we were disgusted with these horrible wars. Lots of good that did us. Do you have a solution for that, when voting doesn’t work any more, when both parties play us?

  16. Sean wrote a thoughtful and truthful essay on what ails us and two of three commentors blame Mexicans.
    Our problems are the direct result of Americans, NOT Mexicans.Some folks are bloody stuck on stupid.

  17. Here’s my list. It would never happen of course but if so I think we would be back on track.

    1. End all foreign wars.
    2. End all foreign aid. No exceptions.
    3. Stop H1-B and L-1 Visa programs. Give six months notice to visa holders to leave.
    4. Implement nationwide 10K fine per illegal found working in restaurants, construction etc.
    5. End all GSE’s (Fannie Mae, Freddie Mac)
    6. Dismantle the FED. Cancel all debt created and owed to FED. Treasury will issue real money, not FRN.
    7. No Bank Bailouts, implement Glass-Steagal. Too big to fail? Break apart and sell the pieces.
    8. Outlaw high frequency trading by using a Tobin tax or simply having the SEC do it’s job and call it what it is, front running. Regulate derivatives.
    9. Outlaw Lobbying, Including foreign countries lobbying in the US.
    10. Put tariffs on all imported goods based on what that item would cost if made in the USA.
    11. Marshal Plan for advanced energy development.
    12. Get rid of the IRS and implement national sales tax or FAIR tax.
    13 Get rid of the war on drugs implementing Portugal style drug laws.
    14. Reform health care by breaking big pharma y / AMA / FDA monopoly. E.G. outlaw aspertame etc.

    That’s a start.

  18. All good points. Only problem is the communist idiots in DC are doing the opposite.

  19. In addition to your above 5 points the 7 million dollar per day of American tax payer’s money to Israel should be right now clogged, stopped, or this point should be squeezed in your first part of your preoccupation.

  20. REDUCE WEAPONS SPENDING, BY AT LEAST 15%, NO f-35, NO LANDING CRAFT, NO VTOL OSPRAY, NO TANKS, THEY ARE USELESS …….AND BRING HOME THE TROOPS FROM SOUTH KOREA, 25,000 AND OKINAWA 40,000 ….THEY WANT US OUT, OUT !

  21. #5) Legalize the Underground Economy and Tax It.

    The BIGGEST underground economy by far is the illegal immigrant community.
    They work off the books and only buy from each other and the money that is left goes to Mexico or other points south UNTAXED>

    When you are talking about the largest racial block of residents in some of the BIGGEST Economies of the World , California for example, and at the same time providing free education etc., which is also an untaxed benefit – it surely dwarfs silly items like marijuana and prostitution no matter how you count it.

    Hey Señor, PAY YOUR TAXES!

  22. Why can,t we get stuff like this in the MSM the truth for a change ,thats the kind of CHANGE WE THE PEOPLE of the REPUBLIC need /but won,t get !Here in FL. you get your unemployment statement in 16 lag. WHY is this happening ? I,ll tell yah we have got a bunch of fools running everything,and then theres the ones working there a–es off just to get by that don,t have the time to know whats going on /but fear if they slow up they,ll lose it all.You keep hearing 12 million in the MSM , but that figure was back in 2001 the real figure is more like 25 to 35 million / THATs A LOT OF ILLEGALs !!! Look at any of the Countys Sheriffs Mug Shots 60% have spanish names and a lot of charges state NO D/L no IDs they are fined and released /why aren,t they checked to see if they are here ILLEGALLY and deported! We have over 400,000 born here every year to ILLEGALs and they are given INSTENT CITIZENSHIP /go to MEXICO and see what happens ? The new AZ. law that all the MSM tells you is very bad and mean READ THE DAM THING it just mirrors FED LAW !!! Back in the early 80s my construction co my lowest emp. was making $8.50 hr.by 89 $8 to $12 was top pay in that area because of illegals and Cuba emtyed its jails /needless to say by 94 I couldn,t compete anymore .We are in a race to the bottom and that OUTHOUSE they call DC just don,t give a dam about the working people anymore / We can,t compete against BIG BANKING ,BIG INS. BIG GOVT. so we don,t count anymore to them in the BIG OUTHOUSE (D.C.) Its time for a CHANGE all right,we could start by stopping all immigration for 5 to 10 years till we get this mess right and ban lobbyist for good /also make all of Congress sign stating they have read any bill they vote on /or face 5mo. loss of pay ? See how fast they start reading what they are voting on !!!! But thats just my 2cents worth !!!

  23. Another one. Make the legal bribery known as ‘political contributions’ illegal with a law making the conviction of an elected official for bribery a life sentence, no chance of parole.

  24. The problem with everything is religions. Thomas Jefferson said Christianity is a perversion of pure morality, that constitutes the anti-christ, all religions are as one and derived of the poetic genius, incompatible with higher education, business and good government. You can’t tax marijuana, it’d be just like moonshine is now to the legal whiskey taxed business, the hillbillies are selling great weed in the bible belt for 100 bucks an ounce now, if the government was to legalize it and prostitution, and tax it, the little people with the internet, look what’s happening on craig’s list now, the biggest perveyor of prostitution on the net, the reason our manufactuing jobs went too third world countrys was not because of wages and unions, it was because of toxic solvents used in the manufacturing process that was posioning the workers brains…we are the great satan…the american people are lazy slackers, spoiled rotten, our glorious leaders have it all figured out, depopulation control of the parasites and useless eaters…and you greedy swine deserve it too!!! lol

  25. I wish to address one of the fixes mentioned, the undergraound economy. Our bill of rights, specifically the ninth amendment states, after plugging into it the enumerated 18th and 21st amendments, that all intoxicants are the right of the people to use as they wish. “The enumeration in the constitution of certain rights, shall not be construed to deny or disparage others retained by the people.” BOR-9. From the fact they have enumerated the right to manufacture, transport, and sell “intoxicating liquors”, why do you people feel the prohibitions of others is a legitimate law(s)? This fact should provide a clue that this nation has been co-opted by organized criminals for far too long. I know there are cries that “drugs are bad, m-kay”, but tell that to your entire medical community that relies on drugs of all forms to keep people alive and working. Common sense has been thwarted by those with parasitic goals,,, think cia smugglers like Oliver North which should be known for inventing crack coke after tampering so much with his product, it could not be sold on the streets as is. “Drugs arwe bad, m-kay” nonsense is for kindergarteners that love Santa Clause and write to him every winter. I know you really care for drug abusers, so much that trowing them into a prison is good for them. See how brainwashing works! As untold innocents are being killed while in the middle of those that do not care one bit for the law, as well as those whos duty it is to enforce the law, breaking into the wrong address and killing the home owners. Do you still want the innocents to take the brunt of the war on some drugs, or are you finally open to allowing those willing to use the “illegal drugs” to be the only “victims”* of them?

    * There are many politicians, police officers, etc., that are what would be known as drug addicts. Holding down jobs and nobody suspects a thing.

    Good luck Amerikuh

  26. Well thought out ,well written and exactly the remedy I prescribe as well.
    Though I would stiffen the tariffs on goods from china to 50+%, As the goal would be not to compensate for the exchange rate but to bring back jobs. Also I would make sure Politicians cut their salaries by 50% during the down turn.
    Mexican illegals are here to lower the wages of Americans . Which is exactly the opposite that needs to be done it is the weak minded politicians remedy for their mistakes on the economy and to appease the corporations.

  27. Blaming China for the trade deficit is not accurate. When Nixon took us off the international gold standard, there was no longer any incentive for America to produce. We could just create the credit for the world and buy whatever we damn well pleased without offering anything in trade.

    Google: Hugo Salinas Price International Gold Standard Generator of Jobs

    Also, you left out the most important thing that could be done, albeit with a difficult transition phase—–get rid of the FED and institute a hard money standard that cannot be leveraged by a cartel of banks through debt-based credit creation.

  28. My solutions are :

    1. bring back tariffs
    2.shut down the federal reserve and have a national bank not a private monopoly bank.
    3. end illegal immigration and deport the illegals here already.
    4. Stop the unnecessary foreign wars.
    5. End our Zionist occupied government (ZOG)

  29. Sean, I can go for 3 of your 5 recommendations. I guess that’s what compromise and bipartisanship is all about. I believe having some true, functioning, peaceful Muslim democracies will add to Middle East peace and stability. Israel being the only true democracy in a sea of intolerant Muslim countries run by dictators, kings and clerics is why their continues to be war. Economically, I believe, like some of you fellow contributors that the US government and most world governments will devalue their currencies so they can inflate all their sovereign debts away. I believe that is why obama and the democrats are on a drunken sailor spending spree. They have NO intention of ever paying America’s sovereign debts, they will inflate them away, like many countries have done before. If that is true, then your recommendation of being debt free and having lots of cash in the bank will be devastating. Your cash in the bank will become worthless and the people with loads of debt will pay those loans off with inflated dollars, becoming wealthy property owners. Being debt free and having lots of cash in the bank sounds good and in most times is a good thing. However, if countries devalue their currencies, it will be devastating, especially to the elderly on fixed incomes who may be debt free and have cash in the bank to book after a whole life of saving and frugality. I fear for them.

  30. With reference to the “underground economy”, the “underground economy” i’d like to see gotten rid of so that we can increase our tax base is the “working off the books” underground economy.

    The 99 week unemployment insurance feeds this underground economy. I know dthis from personal observation.

    i am amazed that whenever i have heard a debate regarding the unemployment extensions, no one ever brings up this isssue.

    Extended unemployment payments encourage working off the books. the recipient gets unemployment insurance payments for two years. tax free income from working, and, additional government benefits for having a low income theshold which further depletes the government and myself fwwho pays the taxes.

    As an attorney who isencourged by the bar to do pro bono work, i encounter “low income” people recieving benefits. I haave never met someone who is getting benefits, bee it disability, section 8 food stamps, unemployement , healthinsurance who is not ripping off the system (except my mother who was on unemployment once).

    thank you for providing thisspace for comment.

    cg, long island, NY

  31. Sean, I agree with you on every point. (Except that Obama did NOTcommit to ending the war in Afghanistan, he promised to commit more military resources to Afghanistan to root out and destroy Al Qaida). In addition to the tax money we could gain from legalizing and taxing pot & prosts, if you legalize and control drugs and prostitution you will eliminate 90% of organized criminal activity, 80% of prison populations and 75% of the cost of law enforcement and prison administration. I can’t even imagine the dollar amount of cost savings but its gotta be 100s of billions. Then, I agree with Deanna, solve the illegal immigrant crisis here and you save even more. Here’s the real crisis – while the Federal government may continue to muddle along, these problems I’ve listed are local problems and the costs are borne by states and local governments which are going to fail en masse. The Fed keeps cost-shifting the burden for fighting gang crime, drugs and prost, illegals’ medical care, education, and welfare to the states (and the states are coopting local tax dollars to keep afloat, with fewer and fewer tax dollars due to the economic downturn…we got some huge problems and the Fed is just the tip of the iceberg.

  32. I would like to offer as a suggestion that this country move away from taxing income and toward taxing spending (sales). We should institute some type of national general sales tax and eliminate the income tax. Personally, I am a supporter of the Fair Tax as a way of doing this. Ir would tax everyone’s consumption on expenditures above the poverty level (so that basic necessities would be essentially tax-free). It would eliminate the income tax and all the associated recordkeeping requirements for individuals and businesses. It would reduce the workforce of the IRS, which only exists to enforce shake-downs of the populace. It would not be as cumbersome as a value-added tax, which creates more recordkeeping requirements. It would actually institute something that has been a goal in this nation since 1980–fairness and equality to the tax code.

  33. The reason our country has an immigration problem is that people realize that there is better employment opprotunities in our country for them then in their own, just as or own ancestors decided when they chose to come here. Passing harsh legislation and enforcing its severe penalities against employers employing anyone whose not a citizen or who has a legitimate green card would remove the primary reason illegals come to our country…employment. Our immigration problem is fundamentaly the fault of all those business and farms that provide employment. The problems we have at our borders would just go away if there was no hope of being employed in our country…..solve the problem at its roots our countries employers.

  34. Large U.S. Manufacturing and others = U.S GOV. There are about 50 to 60 People in charge. If you have enought
    money thay are yours. U.S. manufacuring whants your pay $$$ to stay down. So thay will have more. And to do this
    things like China and illegal aliens will happen.
    U.S. manufacturing all thay care about is return on $$$$ Thay do not care about you or me or the U.S.A. thay will move
    if nead be. Rember U.S. Manufacturing is now global manufacturing.
    I was a machinist in Manufacturingfor 36 years 30 years for Boeing Co. I.m now in RETIREMENT. So have fun out there
    thay are not looking to good. But what do I know.

  35. Great article Sean!! What we can expect from the USA government is obviously greed and stealing from the taxpayer! So if we do have another great depression (could be scary!) then let us hope that the end result is a new government with real checks and balances that keep the government honest (is this possible with humans?) .

  36. “#2) Hit China Where It Hurts” fix is as foolish and ill-targeted as the programs that Obama/Pelosi/Reid have been subjecting us to–all instill major hurt to the American people at a time that we can’t take any more. Wake up–we are in no position or condition to hurt China; we can only hurt ourselves with such unwise actions.

  37. When are people going to realise that the Wetback Reconquista is an invasion, aided and abetted by the Mexican State? As the oil fields at Cantarell run dry, so do the coffers of government. Mexico needs to rid itself of millions of people they cannot support. Folks, this is a war here. The drug traffic and related violence are just gravy on top of this. We need to look hard at ourselves. The drugs wouldn’t be coming into the country if it weren’t for the cash-paying customers here in the USA. We need to get real, folks Look at ourselves. As we are, so shall our country be.

  38. Number 6; Tort reform would allow doctors to practice scientific and humanitarian medicine instead of legal medicine. The estimated saving is $151 billion annually in unnecessary blood tests, biopsy procedures, X-rays, MRIs, CT scans, hospitalizations, extra medications, and generally cover-your-butt practices. Ask any doc. We do it every day. But will a lawyer president take that step? Hah! We’ll do some useless time-wasting duplicative un-necssary ‘demonstration projects’ instead. We need to turn about 50 law schools into 50 medical schools – how about one in each state – and start solving two problems at the same time!!

  39. I am complitli with yours analsis We should get read list 70 top politikal and buisnes crooks in aure societi. .

  40. Sean, this was such a good read today that I forwarded to many of my email DL. I could not agree with you more on all points. I hate to pull out of Afghanistan but when you have a country that is as corrupt to the core as they are, TS, we are not going to see our children slaughtered for your sorry a***s, get a grip and solve your own problems. We need to clean slate in November, and to all my neighbors in other states, we replaced an ultra liberal Democrat here in MA when EVERYONE said it was impossible. Well Mr. Brown now sits in Washington, so you other states can do the same. As I have always said,” if you do what you always did, you will get what you always got”.

  41. Some of his suggestions are pretty radical, but they’re the only way we’re gointg to take the economy and country back from the Socialist, One World types.

  42. It would be so great if all U.S. citizens could have this understanding of the inner workings of our economy. People are so consumed with the polarity in politics they dont even see the gigantic truck in their front yard. This is right on and in my opinion not beyond the understanding of most people. Sean have you ever thought of launching a national financial education campaign? It would be great to get this out to everyone.

  43. Sean:

    I agree with everything except for the last point – seriously, legalize pot? That’s practically an endorsement. As it is when we make drugs over the counter, people think they must be harmless and misuse them – ever heard of phenylpropanolimine – a great decongestant and an anorexic drug used for weight loss used safely for decades under a doctor’s care. Suddenly when it became OTC women started dying – “if one’s good three are better” and “got to get into that dress by Friday” mentality prevailed. Given that one joint is equivalent to a pack of regular cigarrettes in toxins, what do you suppose that is going to do to our healthcare bill? As a physician, economist, health administrator and former medical underwriter for catastrophic care, I have written a book on how to get the country covered with higher quality care for less money. The problem is trying to get any of our politicians to listen. The bottom line is they care more about their campaign rhetoric and jockeying for position than the American people.

    Debra A. Smith DO, MIHM, MBA, FACPM, FAOCOPM, FAIHQ
    Author, Healthcare Solved – Real Answers, No Politics

  44. Sean Brodrick for president. Lets get our troops home from around the world and stop being the worlds policeman paid for by the American taxpayer, Anyone with a brain should be able to understand this. It does not matter what we would like to do for others around the world, with respect to protection or favorable trade agreements, it only matters what we are able to do. Our trade agreements should be insure that we do not have imbalances with others. No country should be hurt by trade. All nations should benefit from trade. Since currencies do not adjust for various political reasons, we should not continue to rely on textbook theories. We should negotiate trade agreements with other nations that will insure that we do not lose jobs. Trade agreements should be balanced – but not with tariffs. Our leadership should be concerned about full employment in the U.S., not China. I would love to vote for a president that puts Americans first.

  45. While the content is good, what would happen to our southern neighbor? The depression in Mexico would lead to a revolution
    which may have good or very bad consqences. It would be big gamble for Mexico and the U.S.A.

  46. Sean Broderick:
    Kudos to you for your article on solutions for our country’s ills! We neede more of these kinds of ideas fluorishing!
    The key to getting more sensible ideas circulating into everyman’s thought processes; to diminishing government inefficiencies; and to getting back to a real economy; are all based in eliminating monetary influences (mega-monopolistic international corporations) from the governing processes, as much as humanly possible.
    Political “money power” is what makes things go all wrong, and for “solutions” to often not make a lot of sense. Giving government “back to the people”, does not mean hiring everyone in the country into “public service”! It means taking control of our country’s directions, back away from extreme corporate influence! We love and need socially responsible corporations that stay away from political attachments.
    Thank you so much for your sane, sensible and truly productive words! Derrell

  47. Sean:
    Things have been so economically very bad for at least the last 20 years. I’m afraid that the politicians will still be able to pull another rabbit out of the financial hat and continue on so that, finally, WTSHTF it will be the worse we can imagine and it will be that way because they minipulated it that way. It could have started with the Budget Battle between Newt Gingrich and Bill Clinton with Robert Rubin so they could finish their terms on a so imagined good economy?

  48. I totally agree with the use of tariffs to prevent competition against U.S manufacturing right here in the U.S. As your article points out it will cost more at Walmart, but the long term effect to this country of these cheap imports is destructive to the economy in general. Americans need jobs. And the best paying jobs for those without college degrees are manufacturing. One should not have to spend 4+ years additional study past high school to have just the opportunity at getting a job that pays enough to make a living. School is a tremendous investment of time and money that many cannot make. And it does not guarantee employment as many are now finding out.

    Unions have also done a lot to destroy American manufacturing.

    I totally do not agree with legalizing pot which is an extremely destructive drug.

  49. I’m 80 years old and I am very frightened for the future of this country. I feel Liberalism, which goes back to the 60’s “Flower children” crap, “Peace and Love” BS, has come to fruition.

    I feel your article is right on the money ! I invested 22 years of my life in the Army and AF, and proud of it, only to see our beautiful country go down the drain. Thanks for what you do.

  50. i totally agree with deanna, too bad our own corrupt government wont go along with it. they are too busy collecting millions in social security payments they know they wont have to pay back. on another note releasing all those criminals back to mexico they would just sneak back into our country and do the same thing all over again. so the ultimate solution would be extermination of the illegal alien convicts. period!!! i know its harsh sorry

  51. My personal opinion about your (Sean) article about the 5 fixes was the best you have ever done. Dan Hendrick

  52. I agree with your 2-5 fixes. Number 1 fix, I believe we need to have better control on the spending but not total withdrawal. I believe if the country wants our help and has resources (oil, diamonds, etc) they should be paying for that help. If they do not want us there and it is not in the best interest for our security, then we should withdrawal. I do not believe we should isolate our military from the problem areas of the world…as we did in WWII until we were attached. Keep it from our shores.

    Joseph

  53. The only reason to be in iraq or afghanastan is for our protection. Any other reason is invalid based on our history and constitution. We do not need to be the world’s policeman or welfare benefactor. We sure as hell do not need to send people to die for %@##s that hate us. My thought is to kill the B#st&@$s and come home. They can either submit to our demands or be gone. The heroin poppy fields there can be zapped with herbicide- why pander to these scum? I fear that your boy king will cause many of our troops to be hurt/killed for stupid policies. The military is for breaking things and killing the scum and not for touchyfeely stupidity!
    As for us domesticly, no more bailouts, put in place the 5 year ban on people drifting between gov’t and the industries they dealt with while gov’t employees. Drugs- just say no. keep them illegal- we have to have some kind of moral values- it can’t be all about money.
    Speaking about morals and money, I agree with the first comment-kick out the illegals! This will reverse the debasing of our culture. Build a strong border fence and make it terrible for them to try to sneak in. If the price paid is high enough, they will be disuaded from trying to come here. Right now, the risk/reward ratio is in their favor… As someone who has gone thru the immigration process (much aggravation and $$$), I see it as very unfair that these people come in and steal what we had to pay for. They keep on stealing by not paying taxes and using services (school,medical, etc) they do not pay for…

  54. Hello Sean,

    China has indeed never been fair, neither to the US not to europe. I)n case America puts heavy Tarrffs on Chinese goods you´re going to have them at your throat. What will happen to the Dollar (and the Euro) if China throws 1 Bio. US-Bonds on the Market?
    You´ll know the answe!

    Regards
    Juergen

  55. HelloSean,
    Your article of July 9, ‘5 Fixes America Needs Right Now’ hit the nail on the head. I would like to add an email that has been circling the internet.

    What if 20 million illegal aliens vacated America?

    This is an interesting view of what happens if all the illegal aliens should be deported.

    Tina Griego, journalist for the Denver Rocky Mountain News wrote a column titled, “Mexican visitor’s lament” —

    She interviewed Mexican journalist Evangelina Hernandez while visiting Denver last week. Hernandez said,
    “They (illegal aliens) pay rent, buy groceries, buy clothes…what happens to your country’s economy if 20 million people go away?”

    That’s a good question – it deserves an answer. Over 80 percent of Americans demand secured borders and illegal migration stopped. But what would happen if all 20 million or more vacated America? The answers may surprise you!

    In California , if 3.5 million illegal aliens moved back to Mexico , it would leave an extra $10.2 billion to spend on overloaded school systems, bankrupted hospitals and overrun prisons. It would leave highways cleaner, safer and less congested. Everyone could understand one another as English became the dominate language again.

    In Colorado, 500,000 illegal migrants, plus their 300,000 kids and grand-kids – would move back “home,” mostly to Mexico . That would save Coloradans an estimated $2 billion (other experts say $7 BIL) annually in taxes that pay for schooling, medical, social-services and incarceration
    costs. It means 12,000 gang members would vanish out of Denver alone.

    Colorado would save more than $20 million in prison costs, and the terror that those 7,300 alien criminals set upon local citizens. Denver Officer Don Young and hundreds of Colorado victims would not have suffered death, accidents, rapes and other crimes by illegals.

    Denver Public Schools would not suffer a 67 percent drop out/flunk out rate via thousands of illegal alien students speaking 41 different languages. At 200,000 vehicles would vanish from our gridlocked cities in Colorado. Denver ‘s four percent unemployment rate would vanish as our working poor would gain jobs at a living wage.

    In Florida , 1.5 million illegals would return the Sunshine State back to America , the rule of law and English.

    In Chicago , Illinois , 2.1 million illegals would free up hospitals, schools, prisons and highways for a safer, cleaner and more crime-free experience.

    If 20 million illegal aliens returned “home,” the U.S. economy would return to the rule of law. Employers would hire legal American citizens at a living wage. Everyone would pay their fair share of taxes because they wouldn’t be working off the books. That would result in an additional $401 billion in IRS income taxes collected annually, and an equal amount for local state and city coffers.

    No more push ‘1’ for Spanish or ‘2’ for English. No more confusion in American schools that now must content with over 100 languages that degrade the educational system for American kids. Our overcrowded schools would lose
    more than two million illegal alien kids at a cost of billions in ESL and free breakfasts and lunches.

    We would lose 500,000 illegal criminal alien inmates at a cost of more than $1.6 billion annually. That includes 15,000 MS-13 gang members who distribute $130 billion in drugs annually would vacate our country. In cities like L.A, 20,000 members of the “18th Street Gang” would vanish from our nation. No more Mexican forgery gangs for ID theft from Americans! No more foreign rapists and child molesters!

    Losing more than 20 million people would clear up our crowded highways and gri dlock. Cleaner air and less drinking and driving American deaths by illegal aliens!

    Drain on America ‘s economy; taxpayers harmed, employers get rich:

    Over $80 billion annually wouldn’t return to their home countries by cash transfers. Illegal migrants earned half that money untaxed, which further drains America ‘s economy – which currently suffers an $8.7 trillion debt.

    At least 400,000 anchor babies would not be born in our country, costing us $109 billion per year per cycle. At least 86 hospitals in California, Georgia and Florida would still be operating instead of being bankrupted out of existence because illegals pay nothing via the EMTOLA Act. Americans wouldn’t suffer thousands of TB and hepatitis cases rampant in our country-brought in by illegals unscreened at our borders.

    Our cities would see 20 million less people driving, polluting and grid locking our cities. It would also put the “progressives” on the horns of a dilemma; illegal aliens and their families cause 11 percent of our greenhouse gases.

    Over one million of Mexico’s poorest citizens now live inside and along our border from Brownsville , Texas to San Diego , California in what the New York Times called, “colonias” or new neighborhoods. Trouble is, those living areas resemble Bombay and Calcutta where grinding poverty, filth, diseases, drugs, crimes, no sanitation and worse. They live without sewage, clean water, streets, electricity, roads or any kind of sanitation. The New York
    Times reported them to be America ‘s new ” Third World ” inside our own country. Within 20 years, at their current growth rate, they expect 20 million residents of those colonias. (I’ve seen them personally in Texas and
    Arizona ; it’s sickening beyond anything you can imagine.) By enforcing our laws, we could repatriate them back to Mexico .

    High integrity, ethical invitation:

    We invite 20 million aliens to go home, fix their own countries and/or make a better life in Mexico . We invite a million people into our country legally more than all other countries combined annually. We cannot and must not
    allow anarchy at our borders, more anarchy within our borders and growing lawlessness at every level in our nation.

    It’s time to stand up for our country, our culture, our civilization and our way of life.

  56. Sean,
    I enjoyed your article; however, I strongly disagree with you regarding your position on pulling out of Iraq and Afghanistan. In reviewing your Bio it is obvious to me you don’t have much in the line of military strategic background and thus I can understand you having such a view point on pulling out. There is a lot more involved in defending the United States than meets the average American’s eye. This is especially true today with the lack of honest, truthful news reporting.
    I must ask you, “Do you believe it would be easier to protect American lives here in the US if we didn’t eliminate as many of the bad guys as possible on their own home dirt?” “If they were left alone to ravage their society and plan vicious attacks on our homeland, Do you believe we would be safer or in more danger?” Finally, “How deep is your understanding of Islam?” I would love to hear from you on these questions. I think your work is good and important, but I disagree with your military assessment. I would also like to safely save $12.2 Billion a month. I feel firing the deficit spending in Congress is the best approach to that. Respectfully, Dennis (Denny) G. Willeck, Lt Col, USAF (Ret), 9814 Gravina Cir, Eagle River, AK 99577-8716 Tel: (907) 230-3343. I would be honored to receive even a two-minute phone call from you on these issues.

  57. Good thoughts Sean! How about enacting the FairTax to get tax from the entire cash economy and free the people from the oppressive IRS!

  58. As a recovering retail broker I was disgusted that Glass-Steagall was repealed in the first place. I guess my instincts were correct.
    The current crop of thieves make Michael Milken look like an amateur (he got caught). Tariffs have been the sacred cow of the free market at any price lot for decades. While I do see tariffs as being problematic I also see that American manufacturing is flailing at best. Ultimately we should not be expected to redistribute our wealth based on the unfair and manipulative actions of governments whom we seem to forget are unfriendly, at the very least, to our survival. Great job, Sean. This entire country needs to go on a rant of its own come November. Vote for America not for the Special Interests who have taken her over.

Comments are closed.

Sean travels far and wide to seek out small-cap values in the natural resource sector. His journey started in New England. As a youth he worked on Mt. Washington, on the cog railroad that runs to the summit.