Newt Ginrich: How to dramatically improve the Market Crisis.
wwpresidentialvote.blogspot.com In addition to suggesting Secretary Paulson be removed, Newt Gingrich advises that the Sarbanes-Oxley Act mandating the Mark to Market requirement be removed and move to a 3 year rolling average.
Mark to market is only karma working its way out especially when applied to land. Everyone is happy to cash in on increasing land values that are the reason for all real estate investment for profit, the true American religion. Did we not kill the natives to get hold of their land and natural resources so we could make a profit from speculating on community created land values that followed from our expanding population? Speculation with the body of mother earth, our source, is finished.
Wasn’t Gingrich speaker of the house when they passed deregulation of Wall Street? Isn’t that what is to blame? Gingrich should be hung.
Why? They don’t have ears to hear a good idea?
This is why this man should be president. To be given the choice of Obama/McCain as our best two choices is an embarrassment to this country.