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Ideas to solve the American economic crisis

The current economic crises that lead to the $700 billion dollar "bail-out bill" was a result of the Bush Administration as well as Congress's lack of responsibility when it came to spending taxpayer's money. Not only has the Republican Party been reckless with this country's money, but the Democrats have been as well. However, from what I have seen in recent news articles, no one seems to want to take any personal accountability for this mess. Why would they? Who would want to admit to being partially responsible to the great economic crash of the new millennium? The U.S. economy, in my opinion, has reached this point due to a few factors: Big Media, complete lack of universal health care, and Wall Street's negligent handling of our stock markets.

This country is a democracy. A successful democracy must have fair, unbiased journalism as its major source of sustenance in order to thrive properly. We do not have fair, unbiased journalism in this country. Our media is for the most part run by six extraordinarily powerful corporations: General Electric, Time Warner, Walt Disney, News Corp., CBS, and Viacom. These six corporations control what this country reads in newspapers, what we watch on television, what we listen to on the radio and during Pod-casts, and they do it at absolutely no cost to themselves. How can a true democracy exist if we have monopolies pushing their own agendas and spewing out nothing but "junk journalism" (celebrity gossip) and "if it bleeds, it will lead" stories (only having the most violent news stories lead on the evening news and in newspapers)? The crisis in Rwanda, a virtual genocide of an entire tribe of people was completely unbeknown to our nation until four years after it happened. In my eyes, there is no excuse for that.

We can loosen Big Media's stranglehold on independent businesses and communities by writing to our respective state representatives, and encourage them to co-sponsor H.J. Res. 79, which will ultimately disapprove the FCC's vote to remove the "newspaper/broadcast cross-ownership ban" that keeps one company from owning not just the local broadcast station in a community, but the local newspaper as well. It would also help immensely if we fight to keep female and minority ownership of local businesses rising.

Another reason why we are in these hard financial times is because of the fact that many Americans are in severe debt due to lack of health insurance. In 2001, a survey from the Robert Wood Johnson Foundation


Below are the top articles rated and ranked by Helium members on:

Ideas to solve the American economic crisis

  • 1 of 62

    by Gary C. Gibson

    The United States has a moral and political leadership crisis that has stimulated the economic crisis. When so many greedy,

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  • by Thomas Hyde

    THINKING OUTSIDE OF THE BOX




    What keeps us from solving our current economic crises and creating solutions? First we need to

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    by J. Lee Kenser

    Keep in mind that all monetary policy is based loosely on the credit system - think of Monopoly and the promissory notes.

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    by Mac Stevenson

    President Obama is open to suggestions as to how to solve the American economic crisis. It has taken many decades of inept

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    by AMERICAN MAN

    JEOPARDY

    When all is said and done, the only business' that will survive will be the masters of the planet ~ the brotherhood

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Ideas to solve the American economic crisis

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