Friday, July 2, 2010

Restoring the middle class

One start to restoring the middle class in America is having Congess stop free trade with China and begin to impose import taxes on foreign goods so that American products are on a fair playing ground in competition with foreign goods.  This will restore manufacturing in America.  Congress must also give tax credits to companies who keep their factories in the USA and employ American workers.  Those companies who outsource their work and factories should have a tax burden.  These US factories must allow their workers to unionize, so that they are ensured a living wage. 

Jefferson and the Regulation of banks and banking institutions

Regulating Banking Institutions




"The principle of rotation... in the body of [bank] directors... breaks in upon the espirit de corps so apt to prevail in permanent bodies; it gives a chance for the public eye penetrating into the sanctuary of those proceedings and practices, which the avarice of the directors may introduce for their personal emolument, and which the resentments of excluded directors, or the honesty of those duly admitted, might betray to the public; and it gives an opportunity at the end of the year, or at other periods, of correcting a choice, which on trial, proves to have been unfortunate." --Thomas Jefferson to Albert Gallatin, 1803. ME 10:437

Wednesday, June 30, 2010

Quote on democracy

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.


Thomas Jefferson