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With bailouts and spending bills in full swing in Washington, the two party pay to play legacy continues. The oligarchy still dominates both the House and Senate (click for details), allowing them to use both the federal government and the U. S. treasury at our expense. Their trickle down theories and Wall Street gambling have dominated our economy. Wall Street gamblers and cheaters, dignified by calling themselves financiers, suck capital out of our economy, using Ponzi schemes that enrich themselves but bankrupt the nation.

We need a real jobs creation program, such as NAWAPA, which will create 3 million jobs (click for details). We need to restore the Glass-Steagall Act (click for details). We need to eliminate free trade agreements and foreign outsourcing, which will return 5 million jobs. Eliminating H1B visas (click for details) will restore 1 million domestic jobs to American citizens. These actions taken together, is the only way to reverse the recession and rebuild the US economy. Not taking these actions will cause us suffer the consequences (click for details). These measures, taken together and simultaneously, will create the economic locomotive that will shrink US unemployment by more than half. In addition, the increase physical productivity engendered by the NAWAPA project will increase tax revenue without raising taxes. NAWAPA, as was the TVA, will be effectively self-funding.

To stop the plundering of the US Treasury by the financial markets, and prevent future collapse, we need a new Pecora Commission. In 1932-1933, Ferdinand Pecora, chief counsel for the Senate Committee on Banking and Currency, oversaw investigating the causes of the 1929 stock market crash. Bankers went to jail and regulations were enacted that helped pull us out of the Great Depression, and ensured market fairness for the next 50 years (click for details).

 

We need to create jobs for Americans, in America!

Paid for by Stan Jagla for U.S. Senate