It isn't enough to spout the right rhetoric and platitudes about keeping American free and prosperous. The next president has to have a lot on the ball with regards to the present economic environment.

He has to understand the reasons behind the global slowdown and take actions to restore confidence in America's financial system and multinational companies.

The plan for a U.S. economic recovery might include the following:

1. Assured mortgages at reasonable rates for homebuyers with good credit.
2. Reinventing Fannie Mae and Freddie Mac as "The U.S. Mortgage and Housing Corporation"(A new U.S. sponsored company).
3. Big tax incentives for citizens who invest in U.S. companies
4. Big tax incentives for "green businesses" to locate in the U.S.
5. Encouraging Americans to save by giving them a tax break on high interest saving accounts.
6. Quickly winding down the war in Iraq and using the savings to restore solvency in the U.S. financial system from top to bottom.
7. Encouraging homeownership investments by giving tax incentives on building materials for house renovations.
8. Public discussions with economists, business people and workers on ways the United States can regain its prosperity again.
9. Presidential TV speeches to Americans on how they can improve America's economic situation.
10. A G-30 summit on the global slowdown and what can be done about it.

Obama or McCain, who do you think has the smarts to plan the next economic recovery of the U.S.?