Paul Adams on Budget & Economy

Stimulus to benefit people; break up 6 biggest banks

A: I believe that drastic times take drastic measures. America is in the Critical Care Unit. That means a recovery is best stimulated by implementing a two-pronged approach. First, capital must be made available at the grassroots level to stimulate the start-up of small businesses. That means lowering the capital requirements for community banks, and lowering the interest rates on business loans - that would allow for a market-led recovery. It also means the need to break up the big 6 banks. We can't have another too-big-to fail crash, although as we look towards the horizon, as the QE gravy-train comes to a halt we will see much pain again, If the economy tanks completely, we need to nullify the odious debt that was incurred without the People's approval - a debt which never benefitted the People. Then, we need to stimulate the economy by creating jobs that come from overhauling our infrastructure