Augment the G.I. Bill: to require enhanced oversight of the Veteran's Administration bureaucracy, increased opportunity for rehabilitation and medical services, and reduce the glut of bank and hedge fund owned real estate by increasing the government's down payment for veterans purchasing homes to fifty percent of the purchase price.
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Lower Taxes:
Lowering taxes at least ten percent across the board, notwithstanding preserving taxes necessary for essential public services, can ensure an economic recovery that will endure.
The Transaction Tax Act:
I am inclined to support a heretofore unheard of, equal transaction tax that could replace cumbersome, unjust and ambiguous IRS tax law.
While the so-called Flat Tax has been labeled regressive because an equal amount of tax percentage levied upon wage earners and executives impacts the net income of wage earners more than executives, a flat tax need not be regressive if the percentage imposed on all is at least 10% lower than current tax rates. The problems associated with a flat tax arise when the government sees fit to increase taxes to adjust for imbalances. However, one equal transaction tax upon most all conveyance of money would simplify the law and affect everyone, both people and entities equally. Such a tax would be fair so long as it comes with a reasonable cap.
This "point of transfer" automatic tax, as I propose, is presently possible as most all currency and dollar transfers are becoming increasingly electronic, and will be entirely electronic in the very near future.
The justification for taxing a modest amount upon all transfers by all persons and entities that transfer money, is simply that citizen's and corporate entities must pay for the privilege of living in the United States and utilizing its array of federal and state services and infrastructure.
Other persons and entities who choose to live or do business "off the grid" and who do not transfer as much money, or who contribute back to the "grid" such as in units of collected solar power, shall not be discriminated against and shall be eligible for credits.
For further information regarding Financing and Consumer Protection from banks, click here.
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Los Angeles has fault lines running under businesses, hotels, and homes in District 33. Mexico and Japan both have functioning earthquake early warning systems. The California legislature has approved such a warning system on the condition, among others, that it be a private/public partnership. The bids to construct such a system are high and the government has yet to determine how to contribute its share of the cost and/or work. If elected I promise to find ways to make the system a reality.
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Enormous international banks, the individual entities otherwise known collectively as the financial trading enterprise, do a lot of good things and serve many useful purposes. However, in the interest of Democracy and Liberty, certain areas demand serious reform.
We must prohibit banks, holding companies, and financial trading companies from securitizing and selling bonds made up from mortgages they design, originate, rate and service. In other words, because of the lethal conflict of interest inherent in allowing the financial enterprise to avoid accountability by pre-selling the mortgages it has created, originated and rated, while gambling with depositors' money, there must be a separation of mortgage origination and commercial banking, from investment and securities banking.
It was these conflicts of interest which caused the Great Depression, and it was the Glass-Steagal Acts of the 1933 that finally closed the barn door after the horse got away. But it was the gradual elimination of the Glass-Steagall acts, culminating with the Gramm–Leach–Bliley Act repealing the last of Glass-Steagall's affiliation provisions in 1999, that enabled the international financial trading fraud and purchasing of derivatives premiums betting that the secondary mortgage market would crash, which in fact caused the so-called Great Recession here, and tanked the pension funds and economies of Spain, Portugal, Greece, Cypress and Ireland to name a few. It was the largest swindle and transfer of wealth in the history of mankind, and the IMF followed it up by offering loans that could not be refused.
The passage of Glass-Steagall, which mandates the separation of commercial banking and loan origination functions from securitization, investment, and speculative banking functions, is fundamental to our national and global economic recovery.
There are presently four bills calling for restoration of the Glass-Steagall Acts. H.R. 129, H.R. 3711 and S. 985, and S. 1282 which was introduced on December 11, 2013 by Rep. Elizabeth Warren. The odds of any of these bills passing however are not great at the moment, and that is simply because most of our red and blue representatives dare not do anything to upset the financial trading cartel. But the passage of genuine Glass-Steagall legislation is fundamental and imperative to restructuring the international financial trading enterprise into manageable parts that will not be able to place short-sighted gains ahead of our national economic stability. America sorely needs this, and as I mentioned before, if you will elect me I am prepared to work like hell for it.
Poverty: California leads the nation in poverty.
Sixty percent of California's public school children qualify for free school lunches because of poverty. The upbeat news releases from Washington D.C. and Sacramento cannot hide this. Big brothers four top candidates in this race, assisted behind the scenes by the same Clinton/Obama operatives and their same old glossy game plan, cannot make this issue go away by ignoring it.
The present short-sighted, bail out and trickle down policy of austerity can have no other effect than to polarize the rich and the poor, stifle early education, create disrespect, and encourage the negative behavior of those who might otherwise be encouraged to engage positively in democracy.
In 2013, key policymakers proposed deep cuts to both SNAP and Medicaid as a way to reduce the deficit, including turning them into block grants to states. These cuts would result in millions losing access to vital services and falling deeper into poverty.
High minded organizations like RESULTS work to expand appropriate and sustainable financial opportunities to the poorest households and communities so they can lift themselves out of poverty. However, unless we choose a path of bold reform for our financially captured legislatures and achieve congressional oversight of international institutions that care not what happens to people, populist grassroots movements cannot gain sufficient traction.
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1. Campaign Contributions: The state and federal legislatures’ powers to impose limits on the amount of campaign contributions shall not be diminished by any interpretation of the First Amendment.
2. Clean Elections: I am prepared to assist anyone implementing legislation to overturn the Citizen's United and McCutcheon decisions which effectively granted special interest groups unlimited power to monetarily control elections.
3. Clean Congress: I support prohibiting members of Congress from soliciting and receiving contributions from any lobbyist, industry or entity they regulate. All fundraising during Congressional working hours shall be prohibited.
4. Public Financing of Campaigns: I support the the American Anti-corruption Act to make sure all elections are financed without any interference from anonymous corporate spending, bribes or intimidation from private contributors.
5. Disclosure of hidden money behind misleading political advertising: The California DISCLOSE Act, Senate Bill 52 would be a good start in getting the money out of politics because it requires the 3 top funders of political ads to disclose who is really paying for political ads on the ads themselves. SB52 should be passed because whatever happens in California will likely happen in the nation within 5 yeas. And whatever happens in District 33, the most influential district in the nation, will likely happen in California. District 33 is where change begins.
6. Elections Reform: The business of America's federal elections, dominated by Supreme Court Justices who are appointed by a monetarily corrupted system is in need of bold reform. The Supreme Court's 5-4 decision on April 2, 2014 in McCutcheon v. Federal Election Commission striking down overall limits on campaign contributions that the largest individual donors donors may make to candidates, political parties and political action committees may serve to restore some monetary clout to the Citizens United overshadowed Republican and Democratic national committees. But it will only foster further government corruption and waste as unlimited campaign contributions are anonymously funneled by compromised public officials. I will support anyone working to halt this hideous trend.
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