Ted Rall: How to Save American Capitalism, in 809 Words

Rall..

If I were Obama, my first act would be to shut down the banking system and securities markets for a week or two. Why? To prevent the capital flight that might follow what comes next.. Next I’d order an immediate withdrawal of U.S. troops, contractors and sub-contractors from Afghanistan, Iraq, Haiti, and all foreign military bases around the world .. Next up: nationalizations. “Tough on crime” shouldn’t be limited to individual citizens. Rob a 7-Eleven and you go to prison for many years. If it’s your third felony, for life.. Companies deemed “too big to fail,” many of which are run by criminals .. should get the same treatment or worse. Jail the executives. Seize their personal assets. And nationalize their companies… What to do with all that loot? .. Let’s build the high-speed rail system the U.S. should have created 40 years ago. We’ll be able to afford true healthcare reform, a.k.a. socialized medicine. That means more hospitals, more doctors, more jobs

.. read more

 

 

This entry was posted on Monday, October 11th, 2010 at 8:38 AM and filed under Articles, Economics, Peace. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

Leave a Reply

You must be logged in to post a comment.