7 Ways Washington Could Turn Things Around

Some Americans have come up with a few great antidotes to the bad economy...of course, these are usually the same people who aren't in power and can't do a single thing about it. Given that qualifier, here are seven antidotes from the always enlightening Casey Research (http://www.caseyresearch.com).

1/ A forced renegotiation with U.S. Treasury/agency debt holders, like China and Japan.

2/ Letting the banks that should fail, actually fail. That would ultimately be a healthy thing...the spooky word here being "ultimately."

3/ Turning the lights out on the U.S. empire, meaning that we quit spending so much overseas.

4/ Goodbye big government. "Under my solution, the size and scope of government will have to be seriously reduced, a process best started by severely limiting the ability of politicians to make new regulations and pass new taxes or mandates."

5/ Farewell Fannie and Freddie. "Nationalizing the mortgage industry was a horrible idea."

6/ "Institute a flat tax at a level that everyone will happily pay."

7/ "Link the money to something that limits the ability of government to print the stuff up at will." As a reminder here, and at this writing, gold coins cannot be printed up by any known printing press.

What's more, it takes significant time and effort to pull gold out of the ground. If our money were linked to this tough-to-produce gold, it would actually be really valuable. Simple as that.