Join Jim Cramer, Doug Kass, Helene Meisler and other RealMoney pros at Investment Conference on "Best Ideas to Make Real Money." Save the date: Saturday, May 2! More details here.

This blog post originally appeared on RealMoney Silver on March 6 at 7:43 a.m. EST.

The frustration, fatigue and the fear of market participants is palpable.

In this environment, no one is smart; some are just less stupid.

The weight and the pressure have intensified as the investment wounds run deep.

I have noticed that many are angry and are spending a lot of time articulating what's wrong, with the ambiguity of policy and the lack of swiftness in its execution being the most often mentioned factors. That criticism is coming from both ends of the aisle.

While I am not a policy maker -- I am a hedge fund manager -- it has reached a point in time when I would now prefer to be in the mode of making suggestions as the sickening stock market decline steepens and solutions are sought.

I did that in yesterday's column, and though some agreed with my recommendation, many (especially those of a free market capitalist view) disagreed. The most popular response had the word "preposterous" in it.

This morning, I would like to offer another proposal that could serve to address some of today's economic woes.

For a long time, the U.S. has had a policy of issuing green cards rapidly to foreigners willing to invest in a business here. Few have taken the option because:

    a.) Canada has a lower amount of investment needed; and

    b.) Canada has not the stipulation of taxing green card holders on all income generated overseas.

Hence most economic émigrés during the Hong Kong transition went to Canada.

If the U.S. had a new policy to issue rapid green cards (with the usual security checks) to immigrants willing to buy a house or apartment for $200,000 or more and to eliminate taxing their overseas earnings for 15 years, we could get a flood of good immigrants, with skills and assets, providing an immediate catalyst in soaking up the surplus of unsold housing inventory.

If you liked this article you might like

Market Is on the Straight and (Very) Narrow

Look Back to Go Forward

Stock Observations; Reviewing Equities: Doug Kass' Views

Even North Korea's Kim Jong Un Can't Stop This Epic S&P 500 Stock Rally

Robots Might Be Biggest Obstacle for Stock Market Bears