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So, what to do:

Stop the capital injections by government to the banks. That doesn't work.

Let the bad banks fail. Productive, competent, ethical banks that invest in people and businesses will survive and thrive.

Create Resolution Trust Company #2. RTC-2, like the original, would be responsible for liquidating real estate assets, including mortgage loans, which had been assets of failed banks. Using "equity partnerships", the original RTC closed or otherwise resolved 747 thrifts with total assets of $394 billion during its stand alone existence from 1989 thru 1995. Allow - but do not pressure -- viable financial lenders to consider offering refinancing of mortgages originated by failed banks directly to troubled homeowners using an "equity sharing" model that would be developed by RTC-2.

Remove the FDIC cap on Account Deposits. This protects all depositors including those investors who are typically most risk-adverse.

Cut and Cancel Taxes: Cut Capital Gains Rates; Cut Corporate Income Rates; and Cut Personal Income Rates; and, Cancel Taxes on Interest Earned from All Savings; Cancel Inheritance Taxes; and Cancel the so-called Earned Income Tax Credit.

And - for those mindful of founding father Benjamin Franklin's warning us, "that one day we would be tenants on the land our fathers owned" - pass legislation that precludes any financial institution -- including subsidiary or merged entities -- that accepted any government bailout monies, loans, guarantees, etc. from purchasing or investing in any residential or commercial property that was affected by foreclosure, short-sale, or owner-abandonment, beginning on or after January 1, 2008; unless and until all government monies and guarantees have been fully repaid and reimbursed to the federal government.

Yes, we have serious problems. What we need is serious changes in the way government and banking officials think and act. Or, those individuals should step aside.

'We the People' can overcome the banking crisis and effectively stimulate our domestic economy. Our first step is to demand new - true free market - thinking by government and business leaders.

I welcome your thoughts and ideas, here or via email, on how 'We the People' can overcome the banking crisis and effectively stimulate our domestic economy. I'll include those that seem most innovative, and mindful of Uncle Albert's charge: "We cannot solve our problems with the same thinking we used when we created them".

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Richard Olivastro is a professional member of the National Speakers Association, president of Olivastro Communications - an executive leadership development company - and founder of Citizens For Change.

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Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA.

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