Rob Hess’ Solutions Con’t:
11: All American/Washington D.C./Federal/State/Local Lobbying must be regulated with strict legal oversight/transparency by enforceable/strict/federal/state/local law to abolish/eradicate all corruption/graft/illegalities!
12: The American Sherman Anti-Trust Act must be immediately/legally/strictly enforced with legal/strict fines; punishment to legally/strictly regulate/break-up all the American corrupt, large, powerful, wealthy multi-national corporations monopolies/all the American corrupt, large, powerful, wealthy banks; financial institutions monopolies/all the American corrupt, large, powerful, wealthy media corporations monopolies/all the American corrupt, large, powerful, wealthy pharmaceutical corporations monopolies/all the American corrupt, large, powerful, wealthy health-insurance corporations monopolies/all the American corrupt, large, powerful, wealthy coal/natural gas/petroleum; oil; fossil fuel corporations monopolies/all the American corrupt, large, powerful, wealthy agricultural corporations monopolies!
13: All American Infrastructures must be immediately rebuilt/reconstructed/renewed; which will provide millions of American excellent-paying jobs for millions of We the People/We Hard-Working Americans!
14: American federally owned high-speed trains must be built immediately throughout America; which will provide thousands of American excellent-paying jobs for thousands of We the People/We Hard-Working Americans!
15: The American Federal Reserve Banking System must be American nationalized immediately!
16: All American federal/state/local Labor Unions must be protected/supported for the benefit/welfare of all Americans/We the People/We Hard-Working Americans!
17: America must immediately enact/enforce an American Constitutional Law, as Canada enforces; which establishes that no news organization/media resource; source may be dishonest/may lie/may misrepresent/may be untruthful under all/any circumstances; without losing its FCC license and paying extremely large punitive fines: This law would abolish the American large/powerful/wealthy media corporations/news organizations from undemocratically deleting/ignoring/misleading/ misinforming/misrepresenting Facts/Important Opinion/Information/The News/The Truth To American Citizens! ***Freedom Of The Media; Press/Absolute Truth Of/From The Media; Press: Is One Of Our Most Important American/Constitutional/ Democratic Necessities/Rights! ***There is No American Democracy/Freedom/Liberty/Strong Nation Without An American Educated/Enlightened/ Factually-Informed Citizenry!
18: The American Fairness Act must immediately be enacted/enforced strictly under penalty of law/large punitive fines/and the loss of an FCC license!
19: Reinstate Glass-Steagall Act: This was the law that stopped investment banks from gambling away people’s life savings for decades, until Wall Street successfully lobbied to have it repealed in 1999, the $300 million lobbying effort that drove deregulation was more about facilitating mergers than creating an efficient regulatory framework. Instead of establishing a 21st century regulatory framework, we simply dismantled the old one, thereby encouraging a winner take all, anything goes environment that helped foster devastating dislocations in our economy. We must overhaul the financial regulatory system. Resurrecting the firewall between commercial banks and investment banks and still allow insurance companies to deal in securities. The aim is that a single regulator would discourage regulator shopping by financial institutions and lead to better oversight of banks.
20: The Dodd-Frank Wall Street Reform and Consumer Protection
Act; which authorized the SEC to implement a regulatory framework for security-based swaps; which currently trade exclusively in the over-the-counter markets with no oversight/transparency; must be immediately supported! The Dodd-Frank Act established a comprehensive framework for regulating the over-the-counter-swaps markets: In the process, it divided regulatory authority over swaps between the SEC and the Commodity Futures Trading Commission (CFTC): Title VII of the Act authorizes the Commission to regulate security-based swaps and directs it to engage in rulemaking to shape the regulatory framework for such products: Security-Based Swaps and Derivatives: A derivative is a financial instrument or contract whose value is derived from an underlying asset/such as a commodity/bond/or equity security: The instruments provide a mechanism for the transfer of market risk or credit risk between two counterparties: Derivatives are incredibly flexible products that can be engineered to achieve almost any financial purpose: A derivative can be used by two parties who have a differing view on whether a particular financial asset price will appreciate/depreciate or whether an event will happen in the future: With derivatives, market participants may replicate/track the economics of holding or shorting an underlying asset; such as a security; thereby enabling participants to gain a desired market/credit exposure without actually holding the underlying asset: A swap is a type of derivative contract that is traded in the over-the-counter-market: One type of swap is a security-based swap; over which the SEC has authority: Such swaps are broadly defined as swaps based on (1) a single security (2) a loan (3) a narrow-based group or index of securities or (4) events relating to a single issuer(s) of securities in a narrow-based security index: The proposal seeks public comment by April 4, 2011; on a broad range of issues relating to the proposed interpretation/exemptions/rules/and form relating to security-based SEFs; including the benefits/costs associated with the proposal: After careful review of comments, the Commission will consider whether to adopt the proposal or modify it.
In Conclusion:
For We the People Speak Here!/We Hard-Working Americans and
Our Great Country, America, to survive other than as a Third-World Country controlled/owned/ruled by a Fascist Oligarchy (the American connected/corrupt/large/powerful/wealthy multi-national corporations) rather than Our Constitutional Democracy; all the issues discussed above plus many more; must be immediately addressed/changed/enacted/enforced by law by 180 degrees to constitutionally; effectively; legally achieve: American Economic Justice/American Environmental Justice/and American Civil; Gay; Human; Immigration; Laboring Workers’; and Labor Union Rights! Billions of American dollars are untaxed yearly through the rampant American Black Marketing! We the People/We Hard-Working Americans must immediately enact American Law to legally tax/strictly regulate/strictly enforce all American Laws regarding the American/corrupt/illegal Black Marketing entities. The uncollected tax revenue from American Black Marketing would greatly reduce our American national debt; deficit/would greatly reduce American organized crime/would greatly reduce American inner city; multi-national gang violence! The American Taxpayer would be greatly benefitted because the great amount incarcerated in American jails/prisons would be greatly reduced! Those incarcerated in American jails/prisons constitutes more than all the other world-nations’ jail/prison incarcerations combined! Approximately 1 in every 18 American men is imprisoned/or being monitored! America has the highest total documented jail/prison population in the world! The First Amendment (Amendment I) to the United States Constitution is part of the Bill of Rights. The amendment prohibits the making of any law respecting an establishment of religion/impeding the free exercise of religion/infringing on the freedom of speech/infringing on freedom of the press/ interfering with the right to peaceably assemble/or prohibiting the petitioning for a governmental redress of grievances. The American Government is prohibited from dictating Religion; and conversely, religion is prohibited from dictating for/to the American government; at the American Tax Payers’ expense of billions of dollars! All American church/religious congregations/groups/organizations/purposes/resources/Think Tanks must immediately be lawfully taxed as We Hard-Working Americans Are!
One of the biggest risks to the world’s financial health is the $1.2 quadrillion derivatives market. It’s complex, it’s unregulated, and it ought to be of concern to world leaders that its notional value is 20 times the size of the world economy.
***Remember! We the People/We Hard-Working Americans are only as strong as our weakest hard-working American! Let us, 90% of we the people/we hard-working Americans, join together and take back control of America from the 10% American wealthy/powerful/corrupt/connected! Let Us, We the People/We Hard-Working Americans, Fire Up the Masses To Fuel the American Dream!***
Sincerely,
Robert Hess
