We are Rich

You, after reading that statement may think that I am some kind of nut. After you\'ve paid your house payment, car payment, credit card, food, gas plus every other bill and have a lot of month left, may not agree with that statement. HOWEVER, YOU ARE WRONG!!!! America and Americans are richer then the richest king of the past and as a country we make the rest of the world look like an African mud hut! So? Where does that wealth go? Where is that money? It goes to interest payments on the overly inflated value of your home, cars and credit cards. This interest funnels vast amounts of Americas wealth threw banks and into the hands of a few individuals and instutions. The interest rate allows a few individuals to control your ability to own a home outright or invest a few hundred each month to make your self wealthy. If one single action were taken, a decree by the federal government to cut every loan interest rate by half (better yet if they also allowed you to cut the inflated value of your home by thirty three percent at the same time) America would be out of this economic problem and people back at work in less than two years. This action would free hundreds if not thousands of dollars each month from each homeowner (!) with out having inflation step in or increasing wages. Millions, hundreds of millions would be available each month for Americans like you to use. Now, I know this is simple. I know the banks will hate it. I also know that a few of you would put more on the balance you owe, invest the money in Government savings bonds, (more later) or invest in American industry. This simple plan would do more then giving billions to banks or car dealers. It would allow you to have more money from the pay check you now receive to spend as you see fit. But what do I know? I\'m just a middle American! Casey