Tuesday, January 20, 2009
Why do we want to start a new political party?
We the people are tired of taking a back seat to the insane political power struggle between the two current parties. We don’t see compromise, between the Democrats and the Republicans, but instead we see trade-offs which continuously cost us, the citizens. The two-party system has failed! We are tired of half-hearted behind closed door compromises. Instead we want decisions to be about getting the best of both worlds. Our founding fathers wanted us to have checks and balances and that requires a third party. A third party that will act as the third leg on the stool which stabilizes and supports the legislative process so it works for us… “We the People”
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I believe we not only need a 3rd party we also need to stop tacking on riduculous additions to specific legislation. Vote on issues one at a time, not bury in personal wants to bigger picture needs for the nation.
ReplyDeleteHow can franklin party help the above and vote on bills and issues one at a time?
ReplyDeleteI couldn't agree more! Transparency is a cornerstone of the party platform. Based on your comment, we'll add some language to insure that we support clarity and simplicity in proposed Bills. What do people think of adding support for line item veto power? That way bills will need to be simpler just to get past the veto.
ReplyDeletebri - check out the 'cram down' concept... single family homes can't currently be part of a cram down, but it sounds a lot like the franklin party proposal. Chap 13 still prevents it for single family homes b/c not written in bankrupcy code, but is allowed for vaca homes and multi family. thought it might be of interest in your research process.
ReplyDeleteThe Franklin Party is opposeed to the "Cram Down" legislation primarily because it is Unconstitutional. Based the X Amendment, the Federal Government has no authrity to provide judges with the power to negate a contract between two entities. We prefer the idea of amending the foreclosure, by forcing the creditor to offer the debtor the opportuniy to repurchase the home at current market price with a 3.5% 30 year fixed rate. In this way, the homeowner is penalized with a bad credit rating and a loss of all equity but has a chance to stay in their home and rebuild equity. The lender is punished for their poor judgement in providing the loan but this allows them to liquidate an otherwise illiquid asset.
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