Export marketing company - Best Solution for Global Financial Crisis

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 6, 2011 -- Global Export marketing company: Congress lowers the budget deficit and the debt ceiling is about to be raised again. The dollar is still one of the world's most important reserve currencies, US budget deficits and the integrity of the Fed's balance sheet contribute enormously to the world's debt load.

Suggestions requested for lowering US deficit. Audit the Federal Reserve:

Banks within the Federal Reserve System will undergo yearly audits, but the Fed itself has never had an independent auditor examine its books. As the Fed expands the balance sheet will pour more dollars into the world's financial system, which is already overloaded with dollar-denominated securities and other debt instruments.

Consolidate Federal Regulatory Agencies

By the recent United States financial and banking regulatory agencies there is some streamline for the Federal regulatory process and for creating a few powerful, clearly defined agencies for expanding their powers. Lax regulation will be created for the sub-prime mortgage crisis, which allows banks to create bogus mortgages and lend to unqualified people who stick the taxpayers with the bill for banks' irresponsible lending.

Eliminate Securitization:

Securitization is the process of slicing and dicing assets until the source of funds is no longer recognizable. It is the criminal activity, because an investor cannot locate the actual performing assets that underlie a security for preventing an investor from doing his or her due diligence in determining whether a security is even worth the paper it is printed on.

Separate Commercial Banking from Investment Banking:

Securitization allows and there is a need of re-institute for Glass-Steagal which passed in the 1930's after the great Depression, and firmly separate commercial banks from securities banks. The world financial crisis stems directly from abuses in investment banking, and the allowance of traditional banks to create their own securities products.

All the citizens demand financial and regulatory accountability from the representatives of Congress, and those who enforce banking regulations, or things will get a lot worse.

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