Perpetuating American Greatness after the Fiscal Cliff

About the Book

The federal government has failed to adequately regulate free market capitalism in the United States. Understanding how we got to this point is the first step in figuring out how to fix the economy. It is still possible to help the forgotten middle class, create jobs, and provide mortgage relief to homeowners.

In this guidebook to perpetuating American greatness, Stephen J. Feinberg introduces Jump Start America Bonds to encourage cash-rich businesses and individuals to invest in transportation infrastructure construction projects to create jobs. He proposes a US mortgage court to oversee the restructuring of home mortgages on terms that would give relief to homeowners and end the housing crisis.

He also explores other key issues, such as the federal deficit, income and estate tax fairness, and ways to better regulate banks and the securities markets.

Throughout his study, Feinberg seeks to help America recover by providing a concrete plan to reverse the economic decline and return the country to economic greatness once again.

About the Author

Stephen J. Feinberg graduated with high honors in economics from Brown University, received his LLB from the Harvard Law School in 1963, and engaged in the general practice of law in New York City. He has represented underwriters and issuers of securities and has served as general counsel and as a director and officer of reporting companies. He is also the author of Homeland Security and Economic Prosperity.