“A government that is big enough to give you all you want
is big enough to take it all away.”
- Barry Goldwater
“The nine most terrifying words in the English language are,
‘I’m from the government and I’m here to help.”
- Ronald Reagan
“We in America do not have government by the majority.
We have government by the majority who participate.”
- Thomas Jefferson
Thought you would like to hear part of my speech to local Republican leaders about why I am running for Congress. As you’ll see, my passion comes from wanting to make sure that the American Dream is available to all generations, and putting a stop to the excesses and misguided policies in Congress. Let me know what you think!
Should government legislate employee bonuses? Suppose those bonuses are paid at the cost of taxpayers and the nation's economic viability?
Too big to fail is a dangerous precident and needs to be remedied. Can our government dismantle or regulate these companies?
This is where we seem to be today. I wonder how a couple of surgical measures would do?
1. If a company does layoffs bonuses are not be permitted.
2. Once a company reaches a certain threshold (revenue, market cap) analysts to determine if collapse would have catastrophic impact on our economy. In the case it is the company shall be required to hold a war-chest of cash which acts as its safety net in the event of catastrophy. The size of the war-chest will be determined by analysts and the company would be required to build the war-chest within 12 months time, reported in regular filings. Companies not showing war-chest building activity would be taxed by the government until the war-chest is collected.
Its kind of like running a household. You don't get a big Christmas if someone lost their job and you build your rainy day fund for that rainy day.