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Gary Anderson

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Member Since: Mar, 2011

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Featured Book
The Grass Tattoo
by Catriona King

The second in the DCI Craig Thriller series.Craig and his team discover a body at Stormont, the seat of Northern Ireland's Government. But the death has nothing to do wit..  
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Blogs by Gary Anderson

Obama is screwing up but Republicans are worse.
12/15/2011 8:45:51 AM    [ Flag as Spam or Inappropriate ]

What a difficult week for Obama. First, he allowed a bipartisan bill by Levin and McCain to be passed which would allow the military to cart you off if they think you are a terrorist. While I am sure the law defines a narrow behavioral pattern this could easily be a law that is abused by other presidents going forward.

Yet, we still have hope that housing bubbles can be avoided, through the Dodd-Frank Volcker Rule. If it is watered down too much, the Republicans and some Democrats have the desire to blow another housing bubble, further depriving main street of wealth.

It is time to pay cash and forgo credit, as a way to hurt the financial system. Now, we know that business needs credit, but consumers do not. Consumers can find another way. The financial deregulation which came in 1986 through the City of London caused the abuses and rampant speculation that we see today on Wall Street.

We must be careful in the use of credit and we must teach our children.

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More Blogs by Gary Anderson
• My Business Insider Pink Slime Article - Wednesday, February 08, 2012
•  Obama is screwing up but Republicans are worse. - Thursday, December 15, 2011  
• Dirty Dirty Republicans Offers An Important Insight. - Sunday, October 23, 2011
• Occupy Wall Street Could Be Much More than the Tea Party - Wednesday, October 19, 2011
• My ebook sales are picking up. - Tuesday, August 02, 2011
• Will Rogers Wanted Speculation Banned - Wednesday, June 29, 2011

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