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Congress restoring Minnesota's usury laws will stimulate job creation in the state
Submitted by admin on Mon, 08/11/2014 - 09:47
IF YOU COULD VOTE TODAY TO CREATE MILLIONS OF JOBS in America--would you do it? You CAN!!
I would work to reform the National Bank Act to allow Minnesota to enforce our state's usury laws
My approach of giving the power of usury regulation back to the 50 states, NOT a Civil War-era banking statute from Congress, is the best, sure-fire way to create millions of jobs throughout the nation NOW.
Amy Klobuchar's "job skills" program to use federal money to pay for training some people in new job skills won't work to create new skilled jobs: Instead, research shows that when wages rise, the so-called "skills gap" shrinks, or disappears altogether, which would show it is more apparent than real.This Fiscal Times article http://finance.yahoo.com/news/why-employers-blame-skills-gap-094500292.html cites Peter Cappelli, author of Why Good People Can't Find Jobs, who really did a lot of valuable work. I'm not saying I totally agree--after all employers do need to create jobs and they do need to find people with certain skill sets. But the research is indeed telling and needs to be considered in coming up with a real policy to create jobs. The best is to stop the consumer credit burden by restoring Minnesota's usury law and stopping slavery to excessive credit card monthly payments.
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