BATON ROUGE - When the extent of the U.S. economic collapse began to unfold three years ago, Pete Goff, Jr., wasn’t surprised. He’d been watching it closely for some time. From the inside.
“From my perspective it was like watching a car crash in slow motion,” Goff said. “I saw it happening but was not in a position to prevent it.” Goff decided he must take action.
He began an obsessive study of macro economics. Armed with degrees in Business Administration and Accounting from LSU and more than 25 years of experience as a lender, builder, and development consultant, Goff has a solid grasp of the economy---finance, accounting, and fiscal policy.
Now his analysis of our economic problems, complete with solutions, are ready to be made public. “The solutions are not simple, but they’re achievable,” Goff said recently. The Inevitable Path, from beginning to end, is an honest assessment of America’s economic problems, the mistakes that caused them, and solutions required to remedy them.
He’s about to complete his first book, The Inevitable Path, that’s being shopped to U.S. publishers. And he has something worth reading: the step-by-step solution to America’s economic turmoil.
One of the fist steps Congress must undertake, Goff said, is to reenact the Glass-Steagall Act in its original form. Coincidence or not, Glass-Steagall worked for 66 years, but only 8 years after its 1999 repeal, the entire financial system collapsed.
“Repeal of Glass-Steagall allowed the self-regulate and self-correct philosophy of our financial and government “leaders” that led directly to the economic collapse,” Goff said.
There are six street-level changes providing a “three-year plan” to return America to economic stability. These solutions are proven methods to substantially restore the U.S. housing market---the nation’s most significant accumulation of wealth---and spur new development.
“The Inevitable Path focuses on practical, prescriptive changes Congress and bank regulators could undertake immediately,” Goff explained. “We can posture and point fingers for the next decade, but that won’t solve our economic dilemma.”* * *
For more information, contact:
Pete Goff, Jr., Author 225-413-7876 petegoffjr@yahoo.com; Larry Vershel, Larry Vershel Communications 407 644-4142 lvershelco@aol.com.
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