Posts Tagged ‘practices’

I would like to make a formal complaint about the handling of my IRA by a major US bank. The bank’s improper practices are costing me a penalty. I need to know the government agency that I should get in touch with, and any website or phone number would be of great help. Thanks to all!

Okay let’s start from the beginning. With the dying job market there will be a increased interest in alternative ways to make money for the average American. The option most Americans will probably be looking toward will be new/small businesses. The government’s red tape combined with the competition makes it virtually impossible for a new business to survive. If the government were to lessen their control over small businesses by means of zoning laws, permits, inspection costs, and taxes, the possibility of creating a new business would become a more viable option for mainstream Americans. Though American should not expect to become super rich, rather instead hope to make enough to replace the income they lost.

For the business that don’t just survive but rather thrive this would increase the amount of jobs available for those who can’t handle their own business. For when a business grows to a certain size the government should create a new type of government job. This new position is one that people are trained in the fields of economic decision making and smart business planning. Once a business grows to the point where it employs say 1000 people, a person trained for this position is sent by the government to monitor and advise the company and find the best ways for the company to not go under, preventing the loss of jobs to many Americans. Though this person has no actual power and is strictly an advisor.

When a company grows to ten times this size (10,000 employees) a higher ranking government employee, with a higher level of training comes in. This government employee has more power than the previous. This one has voting power of ten percent of the company, and also has the authority to release information about the companies decision making to the government and recommend whether the government should intervene more with the company.

If the previous government employee recommends more government intervention and the government’s review of information provided is reasonable enough then the government should launch an investigation into the company and it past business practices. If it turns out that the company is at risk of going under or outsourcing then the government should create a list of possibilities for preventing the loss of American jobs and sit down with the company owner(s)/ Executive officers and attempt to determine a viable option.

If a viable option can be reached and the owner(s)/ Executive officers refuse to take it then the company must pay 50% of the salary to all employees that are to be laid off until they are able to find another position paying more than 60 % of their previous income, or pay for the employee to be retrained in the field of the employees choice. If no viable option can be found then there is no way that it may be prevented and therefore will be no penalty as long as the company gives adequate notice to its employees and stockholders.

I believe this is a very fair way government could get companies to compromise on what’s best for the company as well as what’s best for the employees. And therefore best for the economy. What do you think?
You don’t have to read this^^^^ If you don’t want to, just tell me you plan instead.