What will fix the Stock Market? How about the government admitting that they and the banking community have gutted the consumer beyond recognition.

George Bush will speak AGAIN this morning and once again I will be reminded of the musical quartet playing on the deck of the Titantic as the Titantic sank. I feel as if George Bush is simply there to ease our minds while the economy tanks.

What would fix the stock market?

An acknowledgement by the government that between their level of taxes and fees, along with ultra high interest rates by the banks on unsecured credit, the consumer does not have enough spendable income left. If President Bush would just admit this, and agree something needs to be done about it, this would actually encourage wall street. New investments in products and goods by businesses would be spurred by the belief that the consumer will be able to afford new purchases at some point in the near future.

However, something else has to happen, and I'll devote my next article to that key issue.

NBC Bailouts out on CSPAN Bailout Spoof starring George Soros, Pelosi, Frank, Bush & Sandler lookalikes, but others have preserved the clip.

The Saturday Night Live CSPAN Bailout spoof video clip has been removed by NBC. I consider this bait and switch. Garner great ratings from political material, then pretend it never happened. I stumbled upon a gracious entity who understands the importance of preserving political art and you can download it at Saturday Night Live Spoof starring George Soros lookalike.

This link automatically downloads a wav file to your computer so don't click on it if you don't want it on your computer. I downloaded it with no problems. If you download the video the George Soros piece is in the final 90 seconds, however I don't think you can fast forward the video to the final 90 seconds.

Allegedly the Sandlers complained about their spoof segment, presumably about the caption that appeared over their scene. I can see why they would be concerned. The Saturday Night Live CSPAN piece should have stayed available with the Sandler caption blurred out or rewritten. Yes that can be seen as a form of censorship but since it involves inflammatory language about offing someone, I think an exception could be made.

For NBC to pretend the piece never existed is just wrong and in a way they may be doing more wrong by not accommodating the Sandlers AND letting the viewing audicence see the piece for ALL THE OTHER BITS THAT ARE IN IT. One wrong should not mean an entire piece is deleted from the internet.

George Soros manipulated the democratic race and Barack Obama doesn't care that millions of hard working voices and the elderly were denied a realistic chance to be heard in the Great Plains caucus contests, not to mention Florida, Michigan and Texas.

Saturday Night Live Transcript of a CSPAN Spoof involving George Soros, Nancy Pelosi, Barney Frank, and the Bailout.

Transcript of Saturday Night Live CSPAN spoof starring "George Bush, Nancy Pelosi, Barney Frank, and George Soros" lookalikes. I transcribed this myself, my preference is anyone can put a link to here rather than just cutting and pasting it somewhere else, thanks.

Barney Frank
Many of you are probably wondering where did that 700 billion missing from our economy go. To help answer that, let me introduce our good friend, Billionaire Hedge Fund Manager George Soros.

George Soros
Zo vut became of zat 700 billion dollars. Well, Basically it belongs to me now. Actually, it's not even dollars anymore but Swiss Francs. Since I have taken a short on position against the U.S. Dollar.

George Bush
Oh Really - that's not good.

George Soros
You're not to speak, I don't like you.

George Bush
(nods incoherently)

George Soros
Yes uh, the U.S. Dollar will have to be devalued sometime next week, either Tuesday or Wednesday, I haven't decided which yet, it will depend on how I feel.

Barney Frank
Thank you very much Mr. Soros, You're a great man.

George Soros
Yes, could I just add that even though you know whats coming, you won't be able to do anything about it.

Nancy Pelosi
You're a wise man, Mr. Soros (in awe), and a powerful one.

Barney Frank
You are better than us.

George Soros
(to Anne Hathaway's penniless husband) Your wife is physically attractive, sell her to me please.

Husband
Sure

Hathaway
OK.

End of faux CSPAN conference courtesy of Saturday Night Live.

The video clip has since been removed by NBC. However, you can download it at Saturday Night Live Spoof starring George Soros lookalike. This link automatically downloads a wav file to your computer so don't click on it if you don't want it on your computer. I downloaded it with no problems. If you download the video the George Soros piece is in the final 90 seconds, however I don't think you can fast forward the video to the final 90 seconds.

Consumer Bill of Rights, Does one even Exist?

The Wall Street Bailout masked what is really wrong with economy. We need a consumer Bill of Rights, and we need one now. Additionally, the Federal and State Income Tax Codes MUST be simplified and made fairer to those who are renters.

#1 The right to "OPT OUT" of any financial agreement whenever the loaner changes terms.
#2 Interest free pay down on all credit card debt that is 3 years or older.
#3 40% minimum floor space for products that are actually made in america for businesses such as Target and Walmart.
#4. Government Bailout to Wall Street primarily for U.S. industries that produce products and jobs in America.
#5. The creation of a true Alternative Minimum PERCENTAGE TAX that covers ALL FEDERAL TAXES.
#6 Full Income Tax Deduction for renters, full Income Tax Deduction on the Primary Home Mortgage (with a cap), full income tax deduction on all necessary medical & hospital expenses and on all insurance Premiums.
#7 No change to the current Income Tax Tables.

If the above Consumer Bill of Rights were implemented, the U.S. Economy would rebound.

Are there any downsides? A possibly weakened international military presence and ironically, a rapid and large influx of immigrants who would want to live here.

If we continue on with a strong international military while our own country's insides rot out, one must ask just who does this benefit?

If we put the military to work inside of our own borders, doing things like dredging the Mississippi river and installing underwater hydroelectric turbines, or rebuilding our country's infrastructure of bridges and railways, our own economy will improve. I prefer a consumer bailout versus a Wall Street Bailout.

117 million Taxpayers received 170 billion dollars in stimulus relief this year, Wall Street wants 700 billion, want is Wrong with this Picture?

117 million Taxpayers received a total of 170 billion dollars in stimulus relief checks this year, now Wall Street wants FOUR TIMES MORE than that amount. I find it crazy that we would ignore the consumer and their exploding debt and instead manufacture money to give to Wall Street, whose primary job is to create more debt among these same group of american consumers that are already in debt.

Crazier still is to give this money to a group of Wall Street Investors WHO WON'T EVEN KEEP THE MONY IN THE UNITED STATES! CRAZIER STILL IS THAT SOME OF THIS MONEY WILL BE USED TO BUY INFLUENCE IN THE NEXT ELECTION!

Clearly, reducing INTEREST ON OLD CONSUMER DEBT for over a 100 million american consumers would re-ignite the economy. Instead, the consumer's interests are not being addressed, but the politicians are listening to the very people who will then rebate them money for their own political campaigns.

Stock Market loses 1.1 trillion in one day over 700 billion dollar bailout bill rejection.

At first thought, one would say it's a "no brainer" to pass a 700 dollar bailout plan if it prevents a one day 1.1 trillion dollar loss on Wall Street. It would also have been a no brainer to come up with a stimulus package for consumers that encourages consumers to pay down their debts, especially OLD, unsecured DEBTS.

Reducing OLD CONSUMER DEBT may possibly be the least discussed option by financial gurus, yet it makes the most sense. Old debt is money owed on unsecured purchases that a consumer has been paying interest on for more than four years yet the principle has remained the same or barely inched downward during that time span.

Wall Street bitterly clings to OLD consumer debt as a source of income in the same manner a dog chases it's own tail. Wall Street wants to be bailed out of current bad loans, but why? So they can make new loans to whom, people still trying to pay off old debt? Wall Street and the Government can only pack so much debt onto the backs of its citizens, then it's either relief, or imprisonment.

Relief is simple enough. Just allow consumers to pay off OLD DEBT interest free. The banks already have made a ton of money off of the interest that has already been paid on the old, unsecured debt, now the consumer gets to pay back the rest with no more interest charges. The plan is so simple, and worthwhile, that not even a peep has been heard in Congress, from the president, nor from Wall Street, because this plan actually helps the consumer first. The consumer in turn would help everyone else. The consumer helping the higher ups is a plan that just cannot be stomached by the egoists in power, shame on them.

Consumer Debt, Why are we not talking about Consumer Debt?

Over the years we have heard about stock market corrections. Stock Market corrections restabilize the market and allow for a new run of success to occur.

Then there is consumer debt. For some reason, the media, the government, nor Wall Street ever states that reducing consumer debt is actually a good thing.

Has consumer debt ever decreased in the past 20 years? Shouldn't consumer debt periodically decrease so the Financial Industry can again entice us to go more in debt? Shouldn't there be an up and down cycle to consumer debt totals?

Consumer Debt Reduction cannot occur with so many hands inside the consumers wallet. Government taxes, state taxes, questionable interest rate charges on credit card debt, not allowing full medical deductions off of our income taxes, and not allowing full rental deductions to those who don't own property are the primary reasons that consumer debt continues to rise every year.

Until consumer debt is reversed and lowered, nothing can be done to fix the economy that will actually work. The Bailout is evil and was rejected, but until the elite in our society acknowledge that the consumer is overleveraged in debt, nothing will change for the better.

Lets have REAL CHANGE, Instead of the Government Saving the Bankers, how about the Consumer Saving the Economy.

Because the consumer continues to be under represented in important, national issues, the government makes knee jerk decision based on input from the actual kneejerkers that caused the problem in the first place. Fixing the economy is easy. Empower the consumer by waiving all interest charges on old debt.

Empower the homeowner by waiving interest payments for a year or two. Even if the payments remain the same every month, apply the ENTIRE AMOUNT towards the principal. This will do a heck of lot to help the economy. Discourage buying things on credit or with 12 months no upfront payments.

If the economy gets back to being real, then the condition of the economy can be reassessed in six months to a year and adjustments made that that time. Nobody is willing to acknowledge that the banking and investment industry suffocated too many people by having them pay too much in interest. Nobody is willing to take the government to task for wanting to much in the way of taxes without providing anything to help the economy.