THOM HARTMANN: Corporate Dems in DC in Freakout Mode--Liz Warren Threatens Their Power

[JDPriestly]

12. Right. Ridiculous student loans to be repaid from jobs that don't exist.

We need a revamping of our entire economy.

I was talking to a few local businessmen yesterday evening. They are frustrated by the petty regulations and tax policies of local business. I understand their points of view. It is ridiculous to put up parking meters in the business district of a low-income neighborhood. No one parks at the meters because no one wants to pay a dollar to go shop in the "Dollar Store" or the "99 cents Store" or at the numerous second-hand shops on the main street of a low-income area. It makes no economic sense. What makes it worse is the outlandishly high parking ticket rates if you park too long or incorrectly in the city's parking lots.

"Under the parking proposal, the fine for an expired meter will increase to $63; tickets for parking on street sweeping day will cost $73; and parking in a red zone will carry a $93 penalty. A few violations — those dealing with handicapped parking — will go up by $10."

http://latimesblogs.latimes.com/lanow/2012/07/anger-after-la-hikes-parking-fines-for-6th-time-in-7-years.html

And young people are supposed to start families while repaying student loans?

America claims to be a rich country. If that is true, why are so many Americans poor?

Because the guys and gals on Wall Street play with the nation's money, gamble with it, pass it back and forth, rather than invest it in producing useful things for export and the improvement of life. It's sick.