The bottom line is nothing happens without structural financial and tax change..... Money has to come from the consumer....thus the consumer has to have money.... The big banks have lost the majority of US Savings deposits ....and are still trying to claim that their level 3 assets are good funds....when there is nothing there.... Thus the amount of money that used to be available to price goods and services has been largely eliminated.... This means that a $30,000 price has to go to $15,000 or lower to sell....There is not enough money in the system.... The government cannot buy your car for you....The consumer has to buy it..... What should happen is to eliminate the IRS and establish a 10% consumption tax.....No individual taxes, no corporate taxes.....This would maximize cash flow to consumers and businesses.... Instead the Obama administration wants to raise taxes on individuals and businesses.....is trying to take more from a diminishing base.... This will not work.... A 10% consumption tax only....will work.... Drastic times call for drastic measures..... Money produced by "productivity" not "hand outs" works..... Also ....establishing a worldwide electronic securities market that is not run by gamers and crooks both from the SEC and Corporate....would most quickly replentish capital because stock can increase many times faster than debt values.... This would require a worldwide direct access system, boilerplate regulations and accounting, reporting....and a Google-Wiki type information model....The exchange would come from the BATS model which has quickly replaced the NYSE model.... The 10% consumption tax....and a new world wide stock exchange would get the world on the right financial track.... If it does not.....look forward to a more severe time frame and economic stagnation than that of Japan....because of no individual savings.... Structural changes have to be made....which have not been proposed by the Obama administration..... Lawyers will never understand this......
Furthermore....the government will not even disclose how tax funds are being distributed..... http://www.bloomberg.com/apps/news?pid=20601109&sid=apx7XNLnZZlc&refer=home The whole game of hide and seek, lack of transparency needs to end.... This is on the wrong track....