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Decent victory speech by Mitt Romney, but one very lacking in specifics as to how he'd fix the economy.

With convincing victories in several large states, Mitt Romney is now firmly cemented as the Republican nominee for President (With the sad exception of Newt Gingrich and no one ever expected Ron Paul to win anyway). Romney's speech on victory night was very good in some respects.

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Do businesspeople really understand the economy any better than non-businesspeople? They know how to make money for themselves of course, but does that really translate into their having better judgment on how to make the economy work for everyone?

A short video explains in clear terms just what’s wrong with today’s economy and how to fix it.

Republican Senate candidate and World Wrestling Entertainment CEO Linda McMahon (CT) demonstrates she doesn’t have the vaguest clue about how the economy works or, of course, how to even begin fixing it.

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Stewart Alexander says “The struggles for working people are global; we need global solutions. In the 21st Century, it has become necessary to reorganize the entire world banking system.” To meet the growing needs of working people, Alexander is proposing the creation of a Universal Basic Income (UBI) to help eliminate poverty and to meet the basic needs of working people and the long term needs for seniors.

Alexander: Under Obama, the U.S. recession has gone from bad to worse

 

Stewart Alexander 2012

Socialist Party USA

http://socialistparty-usa.org/

 

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Under Alexander’s plan, homeowners would be able to borrow $10,000 to $50,000 for home improvements. This would be a federal program with funds being administered by state and local governments. Alexander says his home improvement program will help energize the building and construction industry in California and other states. Alexander estimates by 2013, this program will create thousands of good paying jobs in the building and construction industry and related services.

Stewart A. Alexander

For California Governor

Peace and Freedom Party

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Presently, California has a $22 billion budget deficit and Alexander says Whitman’s fiscal road map will rob the state of needed revenues and would result in cuts to essential state programs and services such as education, health care, public safety, transportation and infrastructure. “Voters need to understand that Whitman’s plan will only benefit the wealthy and super rich; it’s a plan that will offer little or no benefits for working people.”

Candidate Stewart Alexander: Again, Meg Whitman Puts Wall Street First

 

Stewart A. Alexander

For California Governor

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The battle in the legislature between Democrats and Republicans over how severe the attacks on workers will be is standard faire from the good cop bad cop duo. But it doesn't have to be this way.

Richard Mellor
AFSCME Local 444, retired
http://weknowwhatsup.blogspot.com/
http://www.myspace.com/unionguy510
http://www.clnews.org
12-23-08

We are supposed to be in a new phase, a new period in which workers can prosper and fairness will reign throughout the United States.  Health care is forthcoming.  Jobs, housing and education will be provided by the new Democratic administration.  And how do we know this?  Because they said so when they were running for office.

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[Looking at the word "bail out," I find several definitions, all of them apt to today's swamped economy:]

-To remove (water) from a sinking boat by repeatedly filling a container and emptying it over the side.
[So the taxpayer money, buying up debt and dumping it over the side of the boat is supposed to keep our sinking economy afloat?]
-To grant or obtain the liberty of (a person under arrest) on security given for his or her appearance when required, as in court for trial.
[But if it's public money standing as a security bond, who's going to guarantee that these fat cats stand trial?]
-To make a parachute jump from an airplane.
[Yes, that would be what investors are doing now: cutting losses and selling everything off now.]
-To give up on or abandon something, as to evade a responsibility: "His partner bailed out before the business failed."
[That's what these CEOs are doing.]
-To waylay or rob (someone)
[That's what's happening to the US taxpayers]
-To confine a cow for milking, as in a bail
[That's what's happening to us taxpayers too]

[And I like this definition best of all:]
-bails: (Obsolete) the wall of an outer court of a feudal castle
[All that "free market" nonsense was just until the going got tough -- then we show the kind of economy we _really_ are: "Resistance is feudal!"]

Source for definitions: http://dictionary.reference.com/browse/bail
[Commentary is original to the poster of this article.]

"In the past few days, as the economic crisis has deepened, Senator John McCain has been decrying the excesses of Wall Street.

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Vice Presidential Candidate Stewart A. Alexander, says the $700 billion rescue plan is only a temporary fix for an economy with many fractures. “The root cause of the U.S. economic crisis is the system, capitalism; and every 75 years a new bailout plan becomes necessary.”

Stewart A. Alexander

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There is no easy fix for the ailing U.S. economy, and Barack Obama and John McCain are not prepared to make the necessary changes that will protect the interests of working people. Comparing the economic plans of the two candidates, it does not matter whether McCain or Obama is elected in the 2008 Election; the economic programs that have been outlined by both candidates will only produce minor differences to the present Bush White House.

Stewart A. Alexander

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