Consider 0% Cap. Gains for 2 years

Just 2 years of 0% capital gains would rush capital to the market. Bailouts have unforseen consequences (i.e. banks sitting on bailout money instead of making loans), encourage continued poor business practices, and favor those with the greatest lobby while hurting the small to medium businesses. Private money brings accountability in ways politicians cannot. Use the market instead of taxpayers.

Talking points helpful to endorsers

Government is the primary cause of the economic hardship. Bail outs merely compound the issue. If a business is failing, they need to make the necessary adjustments, ie: staff at every level decline bonuses and pay raises, tweak and adjust; under no circmstance do they request help from the federal government. Fannie and Freddie are fine examples of reasons not to go to the government. Free market solutions made America wealthy. Free market solutions are the only out of economic difficulty.

2 endorsers found this helpful.

Stop the bail outs—no additional money to Freddie Mac.
On 3/11/2009 Freddie Mac posted $23.9 billion loss; claims to need additional capital. Freddie Mac, one of the two main U.S. mortgage companies that the U.S. government is depending on to help stabilize the housing market, said on Wednesday it needed $30.8 billion from the Treasury to survive after a massive fourth-quarter loss.

2 endorsers found this helpful.

Another horrible aspect of the bailouts is that when the Fed prints money it causes an inflation on the dollar. People wonder why the dollar is worth so much less then the Euro now…. Bailouts end up costing us a LOT more then people realize. The Fairtax would be a far superior solution to our economic crisis.

6 endorsers found this helpful.

Recent activity on this talking point
James Atkinson marked Consider 0% Cap. Gains for 2 years unhelpful Thu May 07 20:57:09 -0700 2009 Comment
Avalanche1500 earned 1pc because undeclareds found Consider 0% Cap. Gains for 2 years helpful Thu Apr 23 21:35:50 -0700 2009 Comment
Parlino marked Consider 0% Cap. Gains for 2 years helpful Thu Apr 23 21:27:37 -0700 2009 Comment
bandito marked Consider 0% Cap. Gains for 2 years helpful Mon Mar 02 21:08:58 -0800 2009 Comment
Laura McCue marked Consider 0% Cap. Gains for 2 years helpful Wed Feb 18 19:10:06 -0800 2009 Comment
BruceA marked Consider 0% Cap. Gains for 2 years helpful Tue Feb 17 16:03:20 -0800 2009 Comment
Vincent VanHorn marked Consider 0% Cap. Gains for 2 years helpful Tue Feb 10 14:53:24 -0800 2009 Comment
rnrn55 marked Consider 0% Cap. Gains for 2 years helpful Mon Jan 26 19:14:47 -0800 2009 Comment
kiessling marked Consider 0% Cap. Gains for 2 years helpful Thu Jan 22 14:02:27 -0800 2009 Comment
pendleton marked Consider 0% Cap. Gains for 2 years helpful Sat Dec 27 16:08:45 -0800 2008 Comment

Authors
Icon_24 Avalanche15003pc
1 revision

Helpful to endorsers?
Chart?chco=009933,ccff99&cht=p&chd=s:9a&chs=50x50      10 YES
     0 NO
Helpful to undeclared?
Chart?chco=ffcc00,ffff99&cht=p&chd=s:9e&chs=50x50      2 YES
     1 NO
Helpful to opposers?
Chart?chco=cc0000,ffd6d6&cht=p&chd=s:a9&chs=50x50      0 YES
     1 NO
White House 2 is a multi-partisan network of 10517 citizens imagining how the White House might work if it was run completely democratically by thousands of people over the internet. It's free and all U.S. citizens can join.

We're setting priorities, collaborating on policy, and creating a massive database of 2867 talking points covering all sides of every important issue facing our country. Watch the video intro.

Getting involved is easy and fun. Just join and start setting your priorities, like a todo list. The more people who endorse a priority, the higher it rises in the charts. The more people who join the network, the more clout we will have with the President and the media.