October 20, 2009Democrats Need to Get With the ProgramBrent Budowsky, The Hill
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Pass the public option that a majority of voters want. End insurance price-fixing that voters detest. Give Wall Street 30 days to cut back bonuses to 40 percent below 2007 levels or pass laws that make it happen. Pass a bill to end credit card rip-offs from bailed-out banks. Break up banks too big to fail rather than have taxpayers pay to make them bigger. Enforce extreme penalties for insider-trading crimes. Enact a transaction tax on speculators. Give the money in bonus payments to troops and vets. Demand a six-month foreclosure freeze from banks that treated mortgages as barter for speculation and treat homeowners as petty cash for get-rich-quick schemes. As banker bonuses create a tsunami of public revulsion,... Related Topics: President , banker , Congress, End insurance price-fixing RECOMMENDED ARTICLES
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