There are a number of items I would like Congress to implement to start the economic justice pendulum heading back to sanity.
Restore Glass-Steagall at a minimum. Keep Commercial and Investment Banks separate. Keep both of them out of the Insurance business. There may be some more regulatory restrictions that have a demonstrated need since the 1930’s but get us back to the 1990’s first.
Review and reset SEC regulations every 7 years. All those smart guys on Wall Street like to game the system and it would behoove us to reset the games parameters as they stretch the limits.
Prohibit Federal employees and contractors from working in the financial industry for at least 7 years after they leave their Federal job or contract.
Pass a law that explicitly states that corporations are not “People”.
Pass a law that only citizens can contribute to political campaigns and that all donations must be made available to a readily search-able database, maintained by the FEC, within 48 hours. I would like to extend this even further and say that only registered voters can donate to political campaigns but I will settle for citizens to start with. I don’t know that any contribution caps are needed if there is transparency about who is buying the candidate but we should not preclude that option if needed.
Any corporate compensation in excess of the President’s annual salary shall be counted as corporate profit and taxed as such. No deductions.
I believe this agenda falls under the mandate of the United States:
We the People of the United States, in Order to
form a more perfect Union,
establish Justice,
insure domestic Tranquility,
provide for the common defence,
promote the general Welfare, and
secure the Blessings of Liberty to ourselves and our Posterity,
do ordain and establish this Constitution for the United States of America.
I just heard about ‘Shopping Walls‘. Basically, if you see something you want to buy, you take a smartphone picture of the code box next to a picture of item and you will be automatically routed to a web site where you can quickly seal the deal and get the item mailed to your home.
Now if I was of a nefarious bent of mind I would cover the little code box with a code box of my own and direct this person, who is about to disseminate credit card/account information and who expects to provide this information, to a dummy website of my own design that will collect the sensitive information. I might even relay the information through to the store so that the buyer does not notice that anything untoward may have happened.
(I don’t have a smart phone so I have no idea what they are doing.)
As I have heard it, the luck of the Irish is that if you fall into a septic tank you will come out with a rose. You still fell into a septic tank, something that most reasonable people would agree is a bad thing, but at least you have a rose!
In the case of Iraq, we jumped into the septic tank. And I’m not sure that that is a rose…
I use the box as a great way to carry Dominion game cards, but after reading about how he uses it as a tool box, I will have to investigate another use.
