Posted by MICHAELOANGELO-RAPHAELO.BLOGSPOT.COM
Thursday, July 28, 2011
DEFAULT CARPE DIEM (SEIZE THE DAY)
The financial markets need decisive Presidential activity.
Default confers on the President budgetary authority.
Is the President's Administration sleeping at the switch?
Or just too timid to pull the country out of the ditch?
It's time to stop the procrastination.
Now is the time for decisive action.
Default's prescription to remedy the nations budget problems.
o Line item vetoes to eliminate expensive programs.
o Executive Orders to eliminate corporate welfare.
o Change the tax code by executive order to eliminate loopholes.
o Selective cuts to wasteful Defense Department Programs.
o Terminate for convenience wasteful contracts liberally.
o Roll back previous tax cuts all the way back to Eisenhower.
THEN use the 14th amendment to remedy the remaining shortfall.
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