FDIC, SEC, CFTC, OCC, OTS and the Federal Reserve Board as a network appointed to regulate the financial system has failed as a whole. Now there are discussions about adding to this a Consumer Protections Agency which be appointed with doing a job that would not be necessary had the previous worked together effectively for consumers and not exclusively for the banking industry.
The deregulation bonanza of the last two presidential administrations has created... more »
It would be great if people could file their taxes via telephone call and most important make payments without having third parties involved.
Have on every government web site where you can pay with paypal or credit card the national debt so we as the people could get involved and pay down the national debt.
Note: a hyperlinked version of this text is available at http://bit.ly/TCBoR
We, the taxpayers of the United States of America, have the right to be free from government waste and abuse. Inherent in that right is:
1. The right to prevent our taxes from being used to pay banks to refrain from lending commercial paper and to small businesses. Section 128 of the Emergency Economic Stabilization... more »
do away with the IRS and filing every year, and just institute a flat consumption tax. Rich people who buy more will pay more taxes, poorer people who don't spend as much will pay less tax. This will also encourage personal savings, (the only way to get a tax break) something the American population has to little of.
Modernize the IRS to allow individuals who have grievances about how an IRS case is handled to make the process less paper-intensive and more due-process oriented. The overwhelming perception that the current system is a virtually "closed process" where extagent circumstances cannot be discussed prior to full compliance, a formal hearing delays handling enormously and case resolutions are inflexible.
one that can be trusted with consumers money - a regulated utility-grade platform for electronic transactions, and one that protects the account holder from bank fraud such as overdraft fees, and other dishonest behavior by those facilitating electronic purchases. otherwise we should all simply remove our money from these institutions and use CASH.
dont run a train if you cant run the pain - by Chaz Lawrence 2010
In the beginning there was a constitution.
From the constitution came the thought that it had created a free enterprise system.
From the free enterprize system came the seller and the consumer and they were one in the same.... more »