Friday, February 6, 2009
Thursday, February 5, 2009
What Obama Needs To Do...
(Or No More Mr. Niceguy)
If people don't have jobs (i.e. a paycheck coming in on a regular basis), then they can't pay their mortgage or their bills, or buy food and gasoline, let alone Plasma TVs or even rent DVDs. So all the talk from the right-wing blowholes about addressing the home foreclosure situation is putting the cart before the horse - in other words, people need to WORK, so that they can pay their mortgages, or save enough to put a reasonable down payment on a house, and have income to make those payments each month once they qualify for a home loan.
Here a few ideas for making the "Jobs Bill" more effective and ready to go (from an e-mail that I received from CREDO):
--Get rid of a $2 billion provision for "clean coal" plants. Instead, invest this money in green infrastructure and alternative energy development.
--Invest in infrastructure, not tax cuts. Don't reward businesses that got us into this mess with tax cuts that won't create new jobs in the future.
--Reinstate the Medicaid Family Planning State Option. Funding state health care programs for women will protect jobs of health care workers and make sure women living in or on the edge of poverty get the care they need.
--Include meaningful bankruptcy reform. Bankruptcy judges should regain the ability to restructure mortgages (that is, lower the amount owed and the interest rate, reflecting the lower value of the house) so that borrowers can stay in their homes. Don't give Verizon $1.6 billion in tax cuts without generating a single new job. Money originally earmarked to encourage companies to bring high speed Internet to under served low-income and rural communities has turned into a billion dollar giveaway to big telecoms.