Beaglescout Economic Plan to Permanently Restore A

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Introducing the Beaglescout Economic Plan to Permanently Restore American Greatness™ (until the socialists ruin it again with their caveman economics).

THE PLAN

1. No bailouts, no stimulus, no TARP. The money to restore the US and world economy has been sucked out to somewhere. The solution is to invite that money back in, not to print or borrow more money.
2. Repeal mark-to-market and restore generally accepted accounting principles (GAAP) including historical basis for value to stabilize toxic securities. Value stability of supposedly stable securities is the goal.
3. Repeal all capital gains and corporate taxes, which would bring the markets roaring back, and make George W. Bush tax cuts permanent, which would quiet concerns about punitive taxation and prevent the John Galt reaction we got.
4. Alternately, repeal the 16th Amendment, shut the doors of the IRS, and pass the Fair Tax at a lower inclusive rate, like 20%, including the whole prebate plan.
5. Repeal Sarbanes Oxley, repeal CRA, which would restore sensible lending and double the profits of public companies at two strokes of a pen.
6. Prosecute the swindlers in Fannie Mae and Freddie Mac and elsewhere, and find the other Madoffs that are still out there swindling people. Also publicly audit the entire Federal Reserve system and mandate annual repeat audits with full transparency including internet publication. Also institute annual public audits of Federal Government spending with internet publication of results. Tie money supply, including available reserves, to gross value of all real property in the USA, no more and no less. This would restore confidence in the markets and the dollar.
7. Improve security of US currency with RFID and security technologies. Bring back coins that are worth something, like $5, $20 and $100 coins.
8. Declare that all credit default swaps and other forms of insurance that did not back up an actual covered security or property were immediately null and void. Same with the naked shorting that was being done at the time. Both these changes have been implemented recently.
9. Investigate and prosecute vote fraud vigorously, including voter registration fraud and denial of voting rights to the military, since rampant frauds are destroying trust in the results of voting. Reduced trust in the voting process encourages violent revolution, since the ballot box can’t be trusted.
10. Enforce the US Constitution fully, including provisions against dual citizenship, and the 9th and 10th Amendments.