I want to apologize for Robert Reich's latest blog article, it is so stupid his blog is being removed from the right two columns.

All I can say is "Gasp", Robert Reich is wrong as wrong can be. His blog article... How Obama Can Convince Congress to Enact a Larger Stimulus, and Why He Must. Is just outrageously wrong.

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I have a suggestion Mr. Reich,

GO AFTER THE BANKS AND MAKE THEM STOP CHARGING INTEREST ON EXISTING CREDIT CARD DEBT FOR CUSTOMERS WHO ARE PAYING DOWN THEIR CREDIT CARD DEBT.

A credit card interest rate incentive program would create an impactful, instant and worthwhile stimulus package. It would create 15-25 billion dollars a month going to YOUR NEIGHBOR, YOUR PLUMBER, YOUR LANDSCAPER, YOUR LOCAL BUILDER, BEFORE the money goes back to the bank to pay down a debt, AND, it would involve NO TAXPAYER MONEY!

I am about the only one I know who is advocating the no interest rate credit card pay down program. I have virtually a 100% pay on time credit card history so I'm not advocating something that has penalized me the way it has penalized others who are paying horrendous credit card interest rates and treading water as a result.

We are being robbed of neighborhood money so that it can stay on Wall Street and be handed back and forth between Wall Street and the politicians they elect. Robert Reich, you are a sell out.

Please Download the Chase Bank Protest Flyer for FREE, and then all that needs to be done is just give a few copies out, it is really that simple.

Robert Reich is Wrong about Government OVERSPENDING, and once again comments are not enabled on his Blog.

It seems whenever Mr. Reich has to give a Pro Obama, pro government spending article, the comments section for his blog are turned off.

I am flummoxed at how EVERYBODY wants the consumer to be enslaved and indebted as they continue to try and predict when the economy will recover. Rather than mildly assisting consumers who want to pay down their credit card debt by waiving future interest rate charges on their existing credit card debt, Mr. Reich proposes that the goverment go farther and farther into debt providing "stimulus jobs".

I had no idea how insulated people in the media are when it comes to actually coming up with solutions to problems that were caused by uncontrolled profiteering by Wall Street. Wall Street and the Government would rather you default on your credit card debt than mildly assist you in paying it down by waiving additional credit card interest rate charges.

Every month, law abiding citizens, many who saw their net worth plunge by 50% over the past couple of years, are still required to pay ridiculously high interest rates on OLD CREDIT CARD DEBT to the tune of 15 to 25 BILLION DOLLARS IN INTEREST RATE CHARGES EACH AND EVERY MONTH.

When you compare that kind of money to the 2 BILLION DOLLAR cash for clunkers program, do you start to see how the economy could easily be stabilized in a very short amount of time if a mild assist were giving in the paying down of credit card debt?

The irony is that 15-25 billion dollars per month that is currently going to the banks in interest rate charges WILL STILL END UP WITH THE BANKS, the difference is it will FIRST go through the consumers hands, who in turn can use more of their own money to pay off their debts. As those consumers respend their "extra money" every month, other consumers will reap the benefit of money first spreading between consumers. The recipients of this money will ironically enough, send it off to the banks to pay down their own debts!

The dynamic act of allowing a consumers paycheck to first circulate among their peers BEFORE it goes to the banks is the best of all stimulus packages.

These are troubling times when simple solutions are avoided and complex, Rube goldberg plans are implemented instead.

Please Download the Chase Bank Protest Protest Flyer for FREE, and then all that needs to be done is just give a few copies out, it is really that simple.

UH OH, SOMEBODY GOT THROWN UNDER the CASH for CLUNKERS BUS!

Apparently, used car dealers and car repair places are watching some of their best customers disappear right in front of their eyes as cash for clunkers gobbles up their pride and joy, oldish cars that still work and need to be maintained. Used Cars that can be repaired, reused, and resold.

Will the used car industry get a bailout?

One thing that remains obvious to me is, Consumer credit card debt MUST BE DRIVEN DOWN by offering incentives to those who have debt and are trying to pay their credit card debt down. If frugal people who were getting by on their older cars now have purchased newer cars, haven't they just taken on more debt?

I think the most obvious incentive to help our economy is to waive any future interest rate charges on existing credit card debt, not waive the debt, just waive future interest rate charges, penalties and fees for those who are trying to pay down their credit card debt.

I don't have a suggestion for the used car industry other than sorry you were in the way of the Barack Obama "throw em under the bus" Express. Lets just hope that Michelle didn't look around one day and say, "there's so many yucky cars on the road, do something about it, honey".

HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

Why Barack Obama's Poll Numbers Just Don't Matter.

Years ago I heard a funny answer to the question, How old is old? The answer, 15 years older than your current age. Since that answer will always remain 15 years ahead of whatever age one has become, 15 years from now you may give the same answer you gave 15 years ago.

When it comes to Barack Obama's poll numbers, I have some bad news for republicans. Whatever Barack Obama's poll numbers are, YOUR NUMBERS WILL CONTINUE TO BE AT LEAST 15 POINTS LOWER!

The mere fact that Republicans think they gain a point for every point Barack Obama loses, just points to how selfish they really are. In my book you EARN WHAT SOMEONE ELSE HAS LOST, you don't just stand by and expect to get something for nothing, unless you are a do nothing republican.

Until someone actually does something to alleviate the monthly pressure of ridiculous interest rate charges on stupid, worthless 1 trillion dollars worth of consumer credit card debt, I just won't vote for either party.

Could you imagine what 15-25 billion dollars THAT ARE PRESENTLY BEING CHARGED PER MONTH on OLD consumer credit card debt could do for local economies all over the country if the old credit card interest was waived? And none of the waived interest rate charges would be coming from the government or your tax dollars!

It seems so ironic to me that on one side people are judgmental of those with credit card debt, and on the other side people may just give up completely on their debts and default instead. Nobody in power seems to want to champion the most obvious solution of all, just waive all interest rate charges, penalities, and fees on credit card debt that is older than 2-3 years so people can actually see their debt go down on a one dollar borrowed to one dollar paid basis.

Incentives to help people pay down their debts would help local economies grow again, and would actually not cost the taxpayer one cent. EVERYBODY WOULD GAIN, including the banks.

I would suggest that rather than watching Barack Obama's poll numbers, be more concerned that Republicans never met a banker they did not like, just like Barack Obama.

HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

When Oil Prices Rise, is it possible the additional oil profits go to prop up stock market share prices?

One variable in the 2008 stock market crash that I don't think was adequately addressed by the mainstream media was the role of ultra high oil prices and the use of huge oil profits to possibly falsely prop up the stock market.

I believe it is possible that the huge profits made from gasoline hitting 4.50 a gallon in the United States and and a barrel of oil staying well over a 100 hundred dollars, even between 115 and 135 dollars for a sustained period of time, may have falsely propped up the stock market for several months while also creating huge profit streams in the credit card industry as well. The credit card profit streams resulted from increased use of credit cards to pay for higher priced food and transportation items, plus the rising cost of transporting those goods.

When falsely inflated oil prices started descending, the stock market "mad money" spending began drying up and was no longer available to keep stock prices artificially inflated, and everything came crashing down. The sub-prime mortgage fiasco may have actually been masked by the oil profits money going into the stock market, actually making the crash that much worse when the cost of oil began dropping.

I don't want to oversimplify this, but one can make a correlation between huge oil profits driving the credit card industry into short term profitability, which in turn excites other stock market sectors into a short term rise in perceived value as well.

Beginning from June 2009, the next several months and perhaps even longer, if oil prices keep creeping up and somehow magically the stock market share prices also keep rising, be very careful about investing because there could be a very insidious relationship between rising oil profits and a rising stock market that is built on "mad" oil profits money versus true stock market stability.

Here is one simple economic rule to cling to, there can be no true economic recovery if consumer credit card debt remains near one trillion dollars and interest rates on this debt remains at 20 to 30% interest.

What I find frustrating is that I think the world needs higher oil prices and oil profits to invest in the development of alternative forms of energy. However, in a capitalistic society, we don't force people into spending their profits in a way that may benefit the planet, that is something a socialistic society might do. (gasp).

So there you have the gift of the Magi. Capitalism can create higher oil profits that can lead to helping to solve future energy problems if the profits are spent wisely, but it probably takes a non-capitalistic approach to actually enforce how the oil profits money is spent.

Clearly, capitalism needs a "friend".