Archive for July, 2008

July 13, 2008

Democratic Platform 2008

July 13, 2008


Democratic Platform 2008


Domestic and Foreign Economics, Energy, Employment, Heath Care, and Foreign Policy


            Contributing Factors

1.      A realization that the United States can not compete with cheaper cost of labor  in emerging nations such as China, which makes it almost impossible to overcome without the lowering of compensation in U.S. labor markets to produce the same products and services.

2.      Foreign Trade Debt accumulation is one of the driving forces behind trade policies in the United States. Increasing Debt weakens our hand against other trading partners when going to the negotiation tables.

3.      National Debt contributes to our weaker bargaining position through the sale of Government Securities to foreign trading partners.

4.      Big Oil and Energy Producing Nations are in control of pricing and supply which adds to lobbyist policy making in Washington D.C.


Democratic Platform


1.      Economic Reforms– (A New Deal) Once again, take steps to establish financial separation of Banking from Investment Banking through an act similar to Glass-Steagall Act of 1933, to include energy. Enron was one example of the systems failure. The repeal of Glass-Steagall in 1999 by The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, in my opinion was the most contributing factor to the current credit catastrophe, and speculators control of the markets. The greed mentality.


2.      Energy Independence– Short Term and Long Term initiatives to create alternative energy resources. Sun, Wind, Hydro-Electric and Nuclear. The supply side of these resources should be prorated notto create a majority dependency in one source. The percentage of each source should be determine by its natural supply, geographical location and estimated life cycle and waste by-products.



3.      Employment-Create jobs by investing in the United States, take the lead in establishing a new initiative by repairing our infrastructure in the United States. Education should be a top priority in preparing Americans to compete internationally. Provide educational opportunities to all Americans through incentives. Students can be educated but employment opportunities must be available to them.




4.      Health Care– The high cost of health Care contributes an average of 13% to a family’s budget if not insured by an employer. The cost to employers for its employees on average is 11 percent of their budget. Because we have 37 million uninsured a joint effort by the providers and maintenance organizations must be initiated to reduce heath care costs. Government initiatives and regulation initially, must be provided to guide and direct those involved to accomplish this objective. Technological advances in communication and storage capacities can be utilized to established regional databases serving localities to simplify the management of the insured, providers and health care payment processing.


5.      Foreign Policy– Negotiate from strength. But, never strong arm your adversaries when it comes to diplomacy. The policeman policy must be abandoned by the United States. Our strength internationally comes from our role in the international organizations which govern world issues. We have been a leader in world peace and humane initiatives. We must revert to peaceful negotiations rather than strong arm diplomacy. Abandon the bully perception the world has of us. Maintain a military unmatched by anyone, that alone is the deterrent necessary to convince our adversaries to peaceful compromise.   



Prepared by:


Vito J. Delgorio Sr.

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