We the People

Dear President Barack Obama:

Are we morally separated or culturally divided. If we are a nation that's divided on moral issues; then we are very much in trouble as a country. Since we shouldn't be kicking others while they're down. Creating a culture on the notion that poverty is like a serious Virus. In this country we have an identity crisis; as it comes to the obligation meant for the government. Majority of the issues that are front and center with our government -- leadership is trying to pass those responsibilities to the states. And the states are required to pass a budget since; they can't print there own money. So most states are either revoking, abandoning, or terminate federal assistance for those who are below the lines of poverty. Even more than open lots of states are sending those obligations to the local municipality--where these local government has no authority to enforce federal issues.

As the responsibilities roam around the fiscal cliff; curb--yet leadership set back; on whether we spiral back into a recession, walk into an unofficial government shut; thus defaulting mandatory obligation -- we are left with the notion of governments role.

When a nation's poverty levels continue to rise -- who has the responsibility to stop the bleeding; government, or the people? When a country is having a poverty and jobs crisis, then the most Noteworthy moral obligation for the federal government would be is to also unsure public safety? And the number one concerning issue with the safety of the public is the security of the countries finances. Because we those who are poor, find routine measures to help them live in a more sense. Why prices at the pump aren't going down, and public transportation becomes an obligated necessity--while those fees are increased. The normal living standards for those in poverty; just got harder. It becomes harder to travel because inflation has reached a level where it cost more than a nickel to make a nickel. And the value of a dollar doesn't even get you an hour worth of supplies. Where those who are in a poverish state becomes victims of vicious rhetoric that demonize them for the state of socio-economics?

Our economy we have been looking at a systematic problem on wealth. The accumulation of debt versus the decentralization of wealth. Those who are in the middle class or bordering poverty are looking at a system not favoring their way of life. For example; A family of 4 where both parents work two jobs, were much of the income is below $35,000, don't have the same chances--but yet Breaks in the U.S. system. Since they have to pay monthly living expenses, about 2\3 of their take home pay. [after taxes] Living expenses, that include rent; food, transportation, and other non-tangible expenses. Become a [tax deductible] to a tax liability based on a tax bracket, mixing with market value exchange.

In baby talk; Republicans and some democrats see taxing non-tangible deductibles, will increase revenue--while others think that removing deductible based on the market value on a certain tax break will curb federal spending. Neither of these theories are further or any closer to the truth. When you tax non-tangible deductibles, you have to take it on a case-by-case bases? Since not everyone who makes a certain amount in a bracket -- is actually in the bracket that they're reporting. Since some forms require detailed analysis of tangible and non-tangible deductibles and credits. For instance; the Homestead Rebate, for renters and home owners -- would gain 0.02¢ on the dollar.

Baby Talk; if you're paying $1000 in rent, you will be getting a $200 rebate. Which in theory, many of those who are at the lines of poverty would spend that rebate on non-tangible items! And a millionaire who uses a different tax form to deduct their housing expenses, pays a lessor rate, thus gaining more in return from the government. For example $1,000,000 would pay 1% rate or a 15% total on housing expenditures, and gain no more than $75,000 on their housing return. And depending on what they do with that return, most of the times they invest in tangible exchanges [which is good for market growth, but bad for debt reduction] : these exchanges are now not taxable because the profit gained becomes capital gains. And if they're in the market for long term, they basically don't pay any taxes on anything once they've broke that threshold. Example, Jane Doe makes $2 million and has a home in block A. Jane received $75,000 as her rebate or probated property investment. [not taxable because its a deduction] She takes $70,000 of that rebate and invested in Microsoft as a long term investment with Charles Schabb; at an 8% rate for 2 years. She can live off the interest; from that investment while continuing to claim that credit year in and year out; without paying any taxes on capital gains after taking in unearned income. [And you don't want to start taxing dividends, since you will never know where or what is the separation of which; unless you audit the entire nation] And you don't want to penalize someone for taking a risk off of their deductibles.

In both stories of the person in poverty getting $200, and spending that money on consumption -- to the other that took the same deductible and invested it into shared stock. Which one had a direct effect on the federal economy? If you thought Jane Doe, had a better response on the economy, you're wrong. The person who got the least of the rebate, did the actual spending. While the other invested into a package or derivative. And we all know derivatives don't do a thing to curb federal spending; which it adds to budgets and makes a short term decease, while creating long term problems on increasing deficits.

How do you tax or close loopholes that creates disparity in the tax code? Lost of people want to lower rates, and close loopholes -- which will raise taxes on that deductible and tax bracket. While that will indirectly raise taxes, but it does nothing to curb any spending, or even raise enough revenues to pay for installing the mandate. Then you will have the domino effect going into place -- since that same deductible is no longer active, John Doe won't be able to get that rebate. Now Jane Doe, and John Doe have a little less in their pockets to do some actual spending or investing. Which leaves, local small business at a stagnant place; because consumers have less to presume consumption.

Then the question rises on how you fix this, without getting rid of the balance and obligation that the federal government is required to provide. One theory would be to defund everything; which would shut government down for 13 months to 18 months. Can you imagine how many people government would throw under the bus and off the cliff? Nearly 40 million people will find themselves on soup lines, and in a state of despair on economic security. And it won't be defined to one race, the poor and homeless will be first; then the financially insecure middle class--will follow. The stable middle class, will sink into a point of no return and become unstable; while the secured middle class will slip out of being secure into unsure. The rich will have a smaller pool to invest on; thus getting less on their investment return, and less to spend and deduct. That's the road most or nearly all extreme neo-conservatives would like to implant. Which does nothing but implant what we call Voodoo Economics. Which is make the non-secured individuals suffer on an appearance of balancing a budget, while sending the obligations of budgeting to some other government function. A term many liberals and moderates; or progressives say: "Kicking the Can down the road." And then the other government assembly can either terminate the function, reform it in terms of government liquidation -- where it means government programs go to die. And that method is unsuccessful because it will create long term poverty; which may lead to rebellions, and become a public safety issue. Nothing in those methods will curb federal spending but make the lives of the people more unsuccessful and unsure in terms of economic security.

The other way is to raise taxes on those who can afford it; while cutting taxes on those how can't afford the increase. The only problem with this method is the notion that there's just not enough members in that comfort level to pool from. So government would have to terminate or do something in order close the gap. And there's the elephant in the room; since with these Tea-Party representatives : who made a pledge to never agree with President Barack Obama; made compromise a dirty word. You can balance a budget, that raises rates; curb government spending, and pays down the deficit. By making sure those making over $250,000 pays a little more, and make sure government is spending less on obligated programs, while making them more efficient. And you can pay down a debt with marginal decreases in expenditures. Which is what President Barack Obama proposed with the American Jobs Plan.

Leadership

Dear Mr. President Barack Obama,

There's a moment in time were we can make government have more efficiency in governance. Were the welfare of the economy isn't held hostage by a few extremely out of the main stream ideas -- from GOP leaders. Ideas that make compromise too hard to achieve, and solutions too extraordinary to accomplish. Since this country isn't as off the cliff on liberalization of liberals; or ultra plus extremely conservative from Neo-Cons; as they may please to preach. We are a centric country, with centric ideas; as compromise is the only solution to balance a budget.

A budget that makes sure we have those who can afford to pay a little more. Be in position to pay their fair share; were everyone plays by the same set of rules. And that takes moderate republicans to make a role or move for the center. In the house of representatives, the Obama administration should go after rank and file members of the house out side the gang of six. To coordinate a group of non-leaders in the republican party, thus giving them whip status--to place pressure on the Majority Leader, Majority Whip Leader, and find moderate republicans who wants to work with President Barack Obama. Like getting a republican negotiator like, Tom Price from out of Georgia to make the case for compromise. And make a strongly moderate move on revenue sharing; on a quarterly basis for those who can afford a little more. So we can make payments on our national debt -- without throwing our poor, seniors and middle class under the bus. A bus that leaves them for paying down a debt ceiling that would shave pennies while consuming millions.

And if we just eliminate that type of profit sharing; it would mean there will be no commitment to actually pay the debt. Since it would send the debt clock to the states. Because; those that are poor would be cut off from the Federal Government, and would need to bargain with the states--were as the states will be in no position to grant such obligations that are required by federal government. This is because states can't print their own money, and would need to seek the federal government on supplement resources -- when their resources run out and there's no way to provide for them. And nobody wants to see long lines at the Soup Kitchen because obligations meant for the federal government was sent back to the states. Giving the states more power to expand, and less oversight from the federal government on issues the government is suppose to provide. We can't keep sending issues that congress is suppose to handle back to the states; a the states can provide the resources that only congress can.

Example: Arizona is having issues with immigration and border control -- its the Federal Government's job to secure federal boarders. We can't have New Mexico, Arizona, and Louisiana declaring state hood on government authority; when this country is the United States. So that means GOP leadership needs to stop election partisan politics; Gallup poll leadership and do what the federal code of ethics call for on federal authority for federal obligations. Make a compromising concession, or get out of the way.Yet, we the general public would like the country to move forward on the agenda we the people elected you to serve. And to note that the Republicans placed their ideas and agenda on the ballot, and it lost. The public is now asking for you Mr. President Barack Obama to bring fiscal health to our nation. If that means you have to call congressional representatives, that are rank and file in order to strike a deal. Then that's a must for this fiscal crisis, and then you should tap into the base and get them out there. If you have to stump in the back yard of those who have leadership roles, in Kentucky, Ohio, and Virginia -- you now have the political capital to do so.

The Fiscal Cliff

A lot of questions arrive on the notion that we might hit the fiscal cliff. This is when a temporary circle of debt and revenue comes to a dead heat. Meaning, wealth in terms of taxing, budgeting and spending has exceeded its term limits.

This has happened once in the last 40 years, and in 1996 -- we came to a consoling compromise on revenue; and spending. That's how we capped limits on banks; reformed welfare -- expanded the profit sharing base by 37.6% and increased community based; faith base programs with revenue sharing.

In returned; the rich spent a little more; and the community returned the favor. It allowed non-profit organizations to hire more workers; and allowed faith base programs to invest a lot of spirit into the community.

It created the Small Business Administration -- were entrepreneurs who can't get loans from normal banks because of their employment status; or they don't have capital to gain on -- such as assets base; or tangible assets, better yet stock interest; or an investment firm standing behind them on getting the funding the need to succeed. We need that type of leadership evolvement once again. That's why its important for republican leadership like John Beohner, Paul Ryan; Eric Cantor--plus Mitch McConnell to set aside campaign politics, press release rebuttals; and a canning call for leadership--thus actually come to a table and lead. In order to move forward; we need a serious balance approach to governance of our country. We need our leaders; to finally respect President Barack Obama. We need them to respect that policy matters; as we also need three systems of leaders -- were our Senate; House comes to governance compromise with the Executive Branch. It means that we the people elected you the political leader -- to meet the challenges of our nation. A nation that's on a leadership fiscal cliff; since not everyone is extremely conservative -- as our country is more moderate than the top three republicans who own leadership roles may preach.

If you break it down; republicans did hold on to the house of representatives -- yet those who were elected are moderate republicans and conservative democrats in republican seats. These are those that ran against the extreme ideas being disbursed by republican leadership. Since the country isn't as extreme on social; fiscal and moral issues -- we are moderate and concerning citizens. We care about the role of government and obligation that government has on the entire country. Its not about taking the country back; or banking on ideas that plagues fiscal growth. Now is that moment; the people have been canting for -- as this divided country burns for leadership in our two branches plus executive branch of government to compromise and work together. As compromising on issues means; someone would need to cross that line in the sand. And since our president is a democrat; and the Senate [which represents the good will of the states] is also democrats were 52% of the electric's population wanted the country to move forward. It means now is the time to pass in the house of representatives Obama's American Jobs plan. A plan that will balance our budget with quarterly increases in profit sharing; plus marginal decreases in revenue sharing that leads to 1.2% reduction in yearly debts. A balance approach that meets the standards of this country's needs according to Simpson & Bowles.

A plan that both fiscal conservative, moderate republicans, democrats and progressives can agree on. It puts in place an American agenda that creates that passionate vibe built by President John F. Kennedy's administration -- as it allows both houses to claim victory in a bipartisan approach to government -- with 1.2% in debt reduction [the most since President Bill Clinton] -- a profit sharing compromise that helps do some nation building at home [Bigger than President Nixion's plan] and a robust revenue sharing agenda that gives communities the tools they would need to make our streets are a little safer -- or our schools more competitive, and our environment more suitable for our citizens. A plan that moves the country forward, so our next generation can have a little more than what we've seen in the last twelve years.

I'm writing this note to our leaders in hopes that they come together and make concession; like a married couple would do in order to leave a proactive place for my generation. And not to walk away from compromising solutions for political gain. And also to respect the fact that President Barack Obama is the president of our country. As he ran a campaign on trust, and telling the public the truth; to do what he says--thus mean what he does. And that means; the rich can afford to pay a little more, and government services can afford to do with a little less as our nation's debt decrease in a way we don't hurt those who can least afford suitable income.

That's the approach we need in this new century of leadership; in an economy that's not bound by districts but inclusive on nation building at home. Where a factory worker in Arkansas can make goods for a community store in Washington [state]? Or an organization in California can produce ideas for a church in Maine on community outreach. And small businesses purchasing or working with large corporation on economic growth that leads to strong system on free enterprise -- with a responsible free market; that makes sure everyone gets the same fair share of chances--were everyone can play by the same set of rules. Rules that increases wealth for the wealthy on a quarter basis; give insurance to government services -- where those services can work more effectively; plus make sure we don't abandon the poor, while doing some nation building at home. The American Jobs plan is our Kennedy's moment. A movement that brings pride and joyce to the American exchange; allow the rich to get more wealthier while playing by the same set of rules. Give government the essential tools our states and local governments would need to ensure public safety. Allow our national leaders to curb national government debt, without throwing our poor under the bus. We can't have increasing levels of poverty, and a drowning middle class; while having the most members in the world wealthier then ever before. Yes it's true we don't have that many wealthy people to tax from, and that's why national government must invest to prevent a two state society. A society were anyone can be at risk of total collapse. Since we are all neighbors of a neighbors and our economic values as a nation are tied together -- no matter who you are; or where you come from, and who you love--or what you believe in -- this country a land of opportunity has a place for you. If you work hard and believe in the community -- while giving back to those that consume you; America can be great once more.

That's why I believe in President Barack Obama; and that's why the people is asking republican leadership to finally respect him. Since there's no such thing as a red state; or a blue state because this is the United States of America. And there is no such thing as a White America; Black America, Hispanic America or an Asian America because we are all Americans' living in one nation as one people under the eyes of our God. Where we don't have an exclusion of an Jewish state; or an Islamic infuriation against the Christian and Catholic values because we are all one creed created in the image of one spirit? America! A place were dreams come true; and solidarity creates an economy so strong that nothing can break it but embody those economic principles as a nations' own. A place were the free market can invest in free enterprise -- while playing by the same set of rules, as both get their fair share of opportunity at the American Dream on wealth. And everyone pays their fair share into the system; as the system works to make sure our sovereignty isn't broken by poverty. And poverty isn't foreseen or to be foreseeable on the domains of socio-economics; plus the disenfranchisement on fear.

This is the United States of America as the slogan says: United We Stand; or Divided We Fall. We need to be united again; since we have been divided by politics and political interest -- for a little more than 100 years, when women earned their rights to vote; and everyone got the right to be free. And we created the notion of red confederate states; blue union states and liberty seeking states to the United States residing on one of the two Americas. As this country is a union from colonies of red, white, and blue means conservatives can come to the table with liberals to help spread liberty to all. We are the United States of America, not the divided unions on the land called North America. That's why we have been the enterprise to change the frontier. And why all countries look to sell their products to our consumers. Its time for our country to make moves to increase our production on creating consumers off-shore. That's why we call this country the United States of America.

Obama look into Merrill Lynch

This letter will be sent to the White House, and placed in the up and coming book called: Letter's Letters to the President which is trademarked under TheFanNJ and Coaches! 101.


1/21/2012
Omar Dyer
Coaches! 101 (PAC)
PO Box 4463
Jersey City NJ 07304

Letters’ Letter to the President:

Dear President,

I am writing this letter to you and I emplore you as a concerned citizen to live by the pledge of the people. The people of the United States of America have been hit hard in these abusive practices done in the Merrill Lynch, Morgan Stanley banking scheme of vulture capitalism. In an internal letter from Bank of America, I have uncovered that the house crisis, has been more deeply than what the profit reports actually tells. Bank of America, racked in $3.1 billion dollars in marginal profits on home equity accounts, money marketing accounts, and personal (cash) debt accounts.

On April 13, 2011, the Board of Governors of the Federal Reserve System (“Federal Reserve”) issued a cease and desist consent order (“Consent Order”) against Bank of America Corporation (“BAC”). The Consent Order makes no finding on any issues of fact or law or any explicit allegation concerning BAC. The Consent Order describes a consent order that the Office of the Comptroller of the Currency (“OCC”) and Bank of America, N.A. (“BANA”), which is owned and controlled by BAC, entered into addressing areas of weakness identified by the OCC in mortgage loan servicing, loss mitigation, foreclosure activities, and related functions by BANA. The Consent Order also states that the OCC’s findings raised concerns that BAC did not adequately assess the potential risks associated with such activities of BANA. The Consent Order directs the board of directors of BAC to take appropriate steps to ensure that BANA complies with the OCC consent order. The Consent Order requires BAC and its institution-affiliated parties to cease and desist and take specified affirmative action, including that BAC or its board: (1) take steps to ensure BANA complies with the OCC order; (2) submit written plans to strengthen the board’s oversight of risk management, internal audit, and compliance programs concerning certain mortgage loan servicing, loss mitigation, and foreclosure activities conducted through BANA; and (3) periodically submit written progress reports detailing the form and manner of all actions taken to secure compliance with the Consent Order. BAC submitted an offer of settlement to the Federal Reserve. In the offer of settlement, BAC agreed to consent to the entry of the Consent Order, without the Consent Order constituting an admission by BAC or any of its subsidiaries of any allegation made or implied by the Federal Reserve in connection with the matter.

Plaintiffs alleged that Merrill Lynch aided and abetted a fraud, violation of a consumer protection law, and breach of fiduciary duty allegedly perpetrated by Benistar, a former Merrill Lynch client, in connection with trading in the client's account. During the proceedings, plaintiff also made allegations that Merrill Lynch engaged in sanctionable conduct in connection with the discovery process and the trial. In 2002, following a trial, a jury rendered a verdict for plaintiffs. Thereafter, the Court granted Merrill Lynch’s motion to vacate and plaintiffs’ motion for a new trial. On June 25, 2009, following a retrial, the jury found in plaintiffs’ favor. On January 11, 2011, the Court entered rulings denying plaintiffs’ motion for sanctions and punitive damages, awarding certain plaintiffs consequential damages, and awarding attorneys’ fees and costs. On February 7, 2011, the Court issued final judgment requiring Merrill Lynch to pay $9,669,443.58 in consequential and compensatory damage plus statutory interest, and $8,700,000 in attorneys’ fees and costs; but denying plaintiffs’ requests for punitive damages and sanctions. The client, a co-defendant, filed a notice of appeal of the Court’s denial of its motion for a new trial on or about January 19, 2011. On or about January 24, 2011, plaintiffs filed a notice of appeal of the Court’s denial of their motion for sanctions pursuant to Mass. Gen. Laws c. 231 § 6G. On March 1, 2011, the plaintiffs filed a notice of appeal of the Court’s denial of their requests for punitive damages and sanctions, and the Applicant filed a notice of cross-appeal on March 15, 2011.

Now I know most of this information is rehashed and known to the public. Since Bank of America was required to pay off those sums of money. And this isn’t new to the process—yet what is the most disturbing and shocking notion of this, was the fact that after the courts order BAC, to pay back $20 million dollars to those hampered in the Mortgage crisis of 2002-, all the way through to 2011. And to this day, many of those that were crushed in this scheme are fuming at the mouths in debt by deception on the accounts of BAC. And as we embark on this mission to restore real principals and put American’s back to work. We as monitors, leaders, letter writers, complainers, and civilians would like you to ask the Attorney General to place an investigation on the mortgage practices. And break up these large banks—since it’s become a practice for large banks to bail out each other. I know many people may have sound problems with what they see or believe in the direction the country is going. And free market, should never be on trail. Yet, the process of America was never about abandoning those that can’t speak up for themselves. And capitalism was never about squeezing all the nickels, and every dime out of the same consumers that are merchants. This country needs a banking system that will not look to steal a few dollars in every way, whether it’s from your debt accounts or on your home loans. True leaders never rely on vultures as a means of success; capitalism is about uplifting and creating a product. It’s not about holding one tier above the rest, and drives everyone out the equation.

Alternative Energy

Dear President of the United States: President Barack Obama;

With great pleasure, and in reporting from this independent public / private agency under the umbrella of Congress! We would like to denounce the marginal claims made by a few democratic, plus republican mayors in New Jersey, and America abroad on the issues of Alternative Energy / plus this everlasting fight with pipeline expansion, and natural gas. These mayors may say that their voices go unheard: which is false. When it comes to alternative energy, in the two years since 2008 – after the financial clasp, we have seen breath taking turn-around numbers in Alternative Energy in progressive and conservative states. Yet the most dramatic numbers and turn-around coming from New Jersey happened under our watch. In manufacturing for alternative energy there was a decrease in funding and job creation from 2001-2008 at -10.4%. Now in two years, the alternative energy program: that you allowed: The Next Generation of Leaders under the leadership of Omar Dyer; has brought that number to a dead even. In two years, we have turned a negative into an even positive. Please note: it took 4 years to make those numbers go south: and in two years, those numbers reversed course (swiftly).

And residential, commercial construction and building installation for energy plans, such as (Solar Panels, Wind-turbines, and other resources on energy) have increased in New Jersey 3% and counting up. Which means 10s of thousands of jobs in the direction of alternative energy was created starting back from 2008—when Senator Obama gave the keys to us! And in terms of renewable energy, in all categories; we have from a negative direction of -15.6% to an increase of 2%. Now people will look at the numbers and say: it’s only a 2% increase or a dead even increase – yet look at how far behind the task has come to break even or even be in the position plus to have numbers that are up. It means lots of good jobs were created to turn a negative into a positive. And New Jersey for the first time in any memory we see a passion and increase for biofuels—where it’s at an all-time high of 2.3% increase in employment.

And to talk about transportation and recycling for a green economy! The numbers show a 2.9% increase in employment—plus funding to small businesses, which recycle, and produce energy. So Mr. President, what I am saying is: after we saw a congressional stab to the heart of the American Economy. We have been working round the clock, fixing and repairing the energy artery, from a near death critical condition to a stable and beating strong healthy condition. And despite some of the bans (municipal, Federal, and State) on compensation for public employees (Omar Dyer) we still have been working hard to bring sound policies. Like the newest improvement on pipe expansion for natural gas: where they will use polymer: which is metal mixed with plastic. This form of technology is used and produced by the best of the best – as it has now revamped an aging industry. To where FERC even says it’s the safest compound we have in the modern era. I do admit that there have been problems, yet it wasn’t with the overall plan. The problems came about: when you have new updated pipes – flowing into older noncurrent pipes. Meaning the entire system of pipes needs a change, and for the first time since the late 50s’ the manufacturing sector is ready to supply the industry for the needed change. Which means more jobs can be created with sound solutions and funding investments in Natural Gas?

Its ready, the voices of the people have been heard, strong polices have been created to protect consumers, and the general public. The polices are so complex that some of these businesses have be complaining about application. And get frustrated that they filled the process, done their part, plus the department is ready to fund them – then they get a block or a ban from a municipal assembly. Plus, Tea-Party congress (Leadership) on banning everything just so you don’t win the next election. While that municipal assembly places fear and doubt in the process—without even addressing the route of the problem. Using out dated information, twisting words or facts, to make an impression that the numbers are in their favors. Or using other problems that had nothing to do with the new regulations for alternative energy: like the human factor. Or municipal jurisdictions with this ban of natural gas!

Mr. President, I as an advocate have been working extremely hard since 2008. Nobody has said thank you, respected or even acknowledge the notion—the hard work that has been done in energy. Even when our funding options have been crawled back or even stopped completely with budget cuts, and attempts to abolish (me) without knowing the after effects of what these cuts, or terminations would do to the economy. We have still be working hard to benefit the people. The numbers don’t lie – the changes are and have shown, these polices are strong—as the implications for job creation are there; more companies are fiscally sound to handle the impact; plus the demand is there. We are just waiting for the supply in terms of funding for employment for the entire industry on transitioning our economy into a prosperous one. Mr. President Barack Obama – everyone wants to discredit your leadership, and I just want to say: Republicans (Tea-Party) and majority of those in the Republican field: never gave you or me a chance. They crafted a way to design a system of failure, and it’s unfair to those that are working extremely hard. And it’s unfair for municipal assemblies to inflict hard notices, to ban and prevent economic growth, when their counter parts have been working extremely hard in studying the issue, changing and tweeking the polices. To where everyone says: this is safe – this is the time, and moment to bring fundamental, economical change to the energy industry, and I ask: if not now – when. Because 20 years from today, these energy polices—will transform everything like Thomas Edison has done.

Banks are given to much

8/20/2011
Omar Dyer
Letters’ Letter to the President:

Dear President,

This journey to help secure the economic standards in America after the crash and fall of Enron has been one of the most troubling achievements that have hampered George W. Bush’s presidency, and is now hampering your presidency. It hasn’t much to do with two un-paid for wars, or the notion that the debt of the nation is growing. Those are controllable problems, that aren’t easy to solve but very controllable from preventing a collapse in the system.



I know you read letters all the time; from experts, to people you trust, and members that volunteer or gave service to your campaigns. And I have written letters to previous presidents, governors and other members of government—giving great details on the future of economics. Even though I am not an expert with the greatest economic credentials, or a manager of a firm that has marketing skills in Washington to lobby for their companies interest! I am not the smartest tool on the block when it comes to finances. Yet, I learn and listen to those that are – and implemented the trail by error and experience clause into this letter.

Morgan Stanley, purchased stocks and assets from Bank of America, where Bank of America then turned around and sold those same assets in exchange for T.A.R.P. funds. After the American People bailed out Bank of America on mortgages – instead of helping their consumers, Bank of America used those assets to mark off that in the market exchange. Called a Mark-to-Market Accounting in order to write-off damaged assets!

What is Mark-to-Market Accounting?

It’s considered fair value accounting refers to accounting for the fair value of an asset or liability based on the current market price of the asset or liability, or for similar assets and liabilities, or based on another objectively assessed "fair" value. Fair value accounting has been a part of Generally Accepted Accounting Principles (GAAP) in the United States since the early 1990s, and has been used increasingly since then.

Mark-to-market accounting can change values on the balance sheet frequently, as market conditions change. In contrast, historical cost accounting, based on the past transactions, is simpler, more stable, and easier to perform, but does not reflect current fair value at all. It summarizes past transactions instead. Mark-to-market accounting can become inaccurate if market prices change unpredictably. Buyers and sellers may claim a number of specific instances when this is the case, including inability to accurately collectively value the future income and expenses, often due to unreliable information, over-optimistic, and over-pessimistic expectations.
Now this is mostly done with private companies, but when they use public money to value assets that are not really marked off—place them into short-term financial troubles, which will require an endless bailout of these falling banks, until the cause of the mark off is litigated.

The problem is when the Federal Government passed on the federal level: Wall Street Reform – which is a reform of the New Deal. The government forgot to implement that all states must follow federal rules in state county, or municipal courts. And that Judges be educated on the changing terms of the federal system. And that isn’t the case on the state level. Many of these underlining problems have already been addressed on the federal level. And instead of banks going to the federal courts to make justifications – then go to the state courts where the rules are relaxed and unmonitored. Giving a Judge more power to influence the judgment – even though all questions have been answered.

The problems with our financial system are that we have too many bosses that have too many hidden rules, and have too many financial loopholes. Nobody was charged during Bush’s presidency because of the notion of assets being sold off wasn’t a crime, and it isn’t a crime. But to place burdens on consumers, that the government doesn’t place on the merchant whom purchased financial solutions from the government to exchange the same services – while having no risks in the underlining of bilateral contracts, only hampers business. President Barack Obama, people say you have no business experience – yet I have known you to be up to par on how business financing is run. And you must not or can’t allow mark-to-market accounting hamper the economics of consumers. Allowing four to five different companies to sell off their assets, while just to look good for the Standards and Poor’s rating system, or look good for the Down Jones – doesn’t really solve the problem of their assets being in trouble.

Solutions: Allowing small firms that have troubled assets to engage into the Tax Bond Credit System – which will cost $10 billion dollars to implement. And will grant a profit of $6 billion to the reserve over a 10 year period. Even though the government is losing out on $4 billion dollars in advancements for long term solutions – it will help heal wounds caused by this practice of mark-to-market accounting. And there should be sanctions on how many large firms can write off their cost, without really addressing the debt placed on their balance sheets.

Mr. President, if the government is going to allow this type of practice – then the mark off accounting must be separated from debtors, and debt collectors. Meaning, we need to get rid of these collection agencies. As noted in the law, if Bank of America wants to collect a debt from Joe Doe – then they should hire a law firm to litigate the damages. Not send the mark off to a collection agency, and then the collection agency (co-conspires) as both the client and the law firm, to negotiate damages. And those laws are already on the books at the federal level but haven’t been implemented throughout the states. Which is why our debt and jobless numbers continue to rise – why our disparity of the middle class and rich continues to get wider? And it’s the states that have to get up to speed with how the system is change. And debt is now personal property in which is protected by the 14th amendment. Mr. President, I can have a 7 hour discussion with you on the damages mark-to-market accounting has done to the system – and write a 210 paged book on the damages this system can do to future generations, but my time is limited. In this letter and my advice is to hold Banks more accountable for our financial problems and debt problems—and force them to fully display their intentions when working with consumers.

It’s the obligation of the states to create jobs, and enforce federal law – yet, many states have leaders that have pledged to ignore the federal rules and regulations. But it’s the president’s call if such a trouble-some economy is hampering the economic growth. We in this tough time don’t need more regulation – we need smart regulation, stuff that make sence.



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Pledge to Rebuild America

7/17/2011: Omar Dyer

Renew our Pledge to Rebuild America

The pledge and voice for the single right to change has never disappeared in the eyes of the biggest Obama supporters. The change that the people needed on coming to Washington has stalled. And the voices that wanted and believes that the ear and era of former President George W. Bush hasn’t gone a-way. Meaning the Tea-Party Republicans, has no clue on balancing a stable economy, and wants to blame democrats for everything that is wrong, and nothing that is right. And after holding meetings outside of the Organizing for America network – many conservatives will have a large statement in saying the Stimulus didn’t work, and jobs weren’t created. Republican Candidates are preparing and gearing up to attack three fronts of your first term.

1: They want to repeal the Affordable Care Act: where they are making claims that the premiums would cost too much. And they want to repeal the Donut Hole, in the Medicare prescription plan. And they want to force, rape victims to attend IRS class on how to deduct a payment as a voucher for their health care. They want women and seniors to suffer with health care cost, while they train those whom chose to participate in loving the same sex counseling on how to be straight.

2: They want to attack the Stimulus Package and the Recovery Act. A few Republicans are confused on what the Stimulus Package was, and what the American Recovery Reinvestment Act was. The Stimulus Packages was to help state save jobs in the public sector – while the Recovery Act went to build America’s future with the infrastructure and shovel ready projects. Republicans want to tie hand on the stimulus and the recovery and state that these amendments didn’t work.

3: They want to make sure President Barack Obama doesn’t get a second term in office, and they want to be insubordinate, disrupt and dismantle the American economy so they can place the blame factor.

President Barack Obama – I know you read leaders to the president once a month. I know you have read my many letters to your administration – and I am grateful. The fight with Health Care, the Stimulus (Wall Street Reform) and the Recovery Act. This campaign should be about setting the record straight and working on Re-building the American Dream. Where we can finally put to an end of the policies that got us into this mess of a broken economy by placing an End to All of the Bush-era Tax Cuts: our constituents and local leaders are willing to give up the minute tax break that we all got under the Bush tax Cut in order for the wealthiest people of our nation to pay their fair share. End the Bush Tax cuts for the middle class as well and return all tax brackets to their Clinton-era rates. Place more effort into the Robin Hood Tax: Tax Wall Street Speculation – which imposed a tiny tax on every Wall Street trade. More like a Value Added Tax. Which will put an end to the practices of speculation on Wall Street – or insider trading, where people are betting for the economy to fall, so we can see Class war fare or the two society system? And we need to renew that pledge for public education – since the best green jobs and real jobs are going to need a balanced public education.

Make sure that our seniors have a right to retire when they want at the age currently on the books, and that Medicare and Medicaid go untouched. Making Social Security Solvent should be the number one priority of any democratic administration—while we must make sure that people that pay above the $100,000 threshold pay their fair share. These are just some of the pledges and meaning full contracts that will lead to an economic boom—like making sure we have equal pay for work. Since right now the disparity of the top 1% is drawn way out of control, and you have people in the bottom 85% fighting with the people holding the rest of the 98% of the wealth fighting to protect the people in the top 1% that don’t really need the break they get.

We need to shadow out the Bush Era problems in order to gain a stable economy, and you need to be on the front lines on why the three things I pointed out work. The Stimulus Package worked to save the states from lying off public workers, so we can make sure 14 year old kids don’t work in factories that require heavy duty work like they now do in some state (won’t mention them) but they removed the child labor laws. We need to make sure that those who retire can retire with respect, and that is what the stimulus package did. And you need to show and prove that the American Recovery Act worked, and how the same people crying about the money spent, where the same people with ribbon cutting ceremony thanking the Recovery Act.



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