Economics for the people

I am lower middle class and I didn’t detect class warfare, just economic realities.

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I am old enough to remember factories one in five jobs were in factories. Manufacturing factories where the bridge from the working poor to the middle class, and they kept the economy local and flowing. Hillary Clinton was it wrong when she said we don’t want our children to grow up to work in factories because factory work was hell but it paid well. it’s better for our children to work in a factory that in retail that doesn’t pay well. When factories are booming construction is booming when construction is booming the restaurants are booming the retail is booming and there is a lot of jobs.

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Another thing to eliminate/reduce spending is to eliminate the NGOs. These people get paid a lot of tax payer money to do the bidding of lobbyists and politicians so they can claim plausible deniability. Their choices enrich government officials and destroy the average citizen financially and legally and health wise as well.

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One small point about expeditionary military forces is the security they provide to international trade and international relations. I do agree that the expenditure doesn’t balance with the benefit, but it definitely has an effect, the key would be the cost/benefit balance.

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I appreciate the sentiment and also the effort you put into your cogent, well written proposal. But a more fundamental problem will ultimately undermine your plan: the FED was unconstitutional when the “progressive” (AKA Marxist) Wilson signed it into law without amending the Constitution to give the federal government the power wielded by even your best-case-scenario FED. The FED is an ongoing source of evil that benefits international bankers (the Federal Reserve is a private institution that literally produces nothing while profiting massively from usurious interest payments) and turns Americans into inflation slaves in the process.

Even unquestionably constitutionally legitimate institutions, such as the military, have been taken over by un-American leftists who wish to harm America. The federal government Leviathan is so busy meddling in so many unconstitutional things that it’s impossible to keep track of all the evil it’s doing. If we leave the FED in place but merely reform it, it will inevitably be capture by the same perverted faction that has infiltrated the military and every other federal institution, legitimate or illegitimate.

I believe the only solution short of another War for Independence is to put a wrecking ball through all unconstitutional institutions and programs. President Trump could literally do that with an Executive Order on Day One.

Once we’ve reset the republic to constitutional governance, then we can discuss whether a central bank is necessary and a force for evil or good. We can amend the Constitution if a super-majority wish it. But there should be no central bank without that amendment. Reform is a short-term mirage.

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Totally agree our money problems HAVE to stop being discussed using acronyms familiar to almost no one and discussing a corrupted and convoluted system–that was dependent on honesty and a primary concern for the country as a whole at the outset in order for it to work–so designed by someone speaking in a foreign language to those who were charged with implementing it.

In the spirit of KISS (you’ll possibly recall that stands for Keep it Simple Stupid) I offer Redirecting... The People’s Mandate (posted in full under the Healthcare topic heading on this forum as well)-Healthcare for All Americans is about changing how we PAY for healthcare in this country (currently consuming a 5th of GDP-Gross Domestic Product). This short simple plan which anyone can understand (but which may need to be re-read several times to grasp fully because it is a completely new idea, not a “fix” to an old one) offers a redirect of how political money (which is well-accounted and has nothing to do with taxes) is handled in this country, so that vast amount of funding is made to serve the common good first before any of it is spent to fight yet another civil war, the acronym for which is “election.”- :wink:

Hoping you’ll give it a read and offer your insights.

There is too much proposed here for an extensive comment. The top priority concerning the Federal Reserve System is offered by Modern Monetary Theorists: return money issuance to the U.S. Treasury. As all of the debt created by the issuance of Federal Reserve Notes is out of thin air, require the FED to cancel this debt and write it off of its balance sheet. When Treasuries and Federal bonds mature, the U.S. Treasury will then issue money to pay off the bondholders. This money will then enter the economy. Gradually the Federal (i.e., public) debt will be reduced to zero.

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How about we start to head in that direction (abolish the Fed) with a one-fifth of new wealth diversion to provide true $ocial $ecurity, starting with equitable access to healthcare, but eventually, as the reserve builds, able to provide a more comprehensive social bottom line, for everyone, from conception to grave.-NONE OF IT FUNDED BY TAXES so the Uni-party cannot steal nor squander a dime of it.

This idea/plan is globalist-free, always and permanently in its operation (yet much of it comes out of the upper 1%'s “donations”–reminding the wannabe globalists and just plain rich of more than a few things they seem to have forgotten–which other donators have virtually always in the uppermost of their minds), and it provides permanent stabilization to the “main street” banks such that the Fed is largely no longer necessary because those main street banks in all fifty states are where our Reserve, as a country will be held, forever, under direct control of the People.

The People’s Mandate demands $0.50 of every dollar donated to any political campaign or purpose (including PACs, Direct party donations, local mayoral races, etc. any money directed to buy political influence of any kind), anywhere in the USA be immediately diverted to a National Health Savings account, held under the auspices of state banks, only, where it accumulates interest.

On a designated day in late November of each year (the Wednesday before Thanksgiving would be ideal) this money is re-distributed to the individual health savings accounts of all Americans. The individual accounts can only be debited by a medical provider designated by the individual patient who holds the account to pay medical bills, or more usually, to pay direct, local insurance between the doctor and hospital the patient intends to use when they need medical care.

Political money is well tracked and not tax-deductible. It is a huge vat of funding never before considered to be partially utilized to secure national healthcare. It should be. Given the inordinate amount of money spent on American politics, which increases constantly, and the fact healthcare has been at or near the top of the list of voter concerns constantly for more than thirty years, it’s pathetic, and an American embarrassment, and disgrace, it isn’t. If political donors have extra money they can afford to give away to buy political influence, they have money they can afford to give to securing national healthcare for everyone.

Imagine, EVERY CANDIDATE IN EVERY ELECTION, AND EVERYONE WHO WORKED FOR THEM OR SUPPORTED THEM, can feel proud on election day, no matter who wins, because they have made a massive effort that benefits ALL of America, already, before anyone takes office.

This process is completely non-partisan since it comes from both sides. No matter what happens in any given election cycle, national healthcare becomes more secured, especially so every four years during a Presidential cycle. Any politician who leaves office automatically donates anything left in their “war chest” to the national health savings account. They can’t redirect it to their replacement or back to the party. Term limits would vastly increase the national health savings account reserve.

There are other finer points and details, but this is the basis for a completely tax-free, uniquely American way of funding healthcare for all, permanently, and keeping decisions about medical care where they belong, between the patient, and his or her doctor and preferred hospital.

very do-able with a simple, much-needed change to campaign finance law

and with an even simpler change to business tax code under advertising we would quickly create enough of a Reserve (in the hands of the People, not held by for-profit insurance companies that are ultimately largely in bed with the Fed) to implement a pay-down of national debt, and eliminate the need for individuals to incur educational loans (or parents to incur mortgage debt for the same)

This piece has vast potential for going beyond just paying for healthcare as we move forward as a country:

First Amendment.

This is the piece that will clinch the Mandate.

There was some flack, back at the beginning, about whether or not 50% of all the money used to buy political influence in this country would be enough money to fully fund healthcare. It definitely won’t fully fund profit-driven healthcare, because all the money in the world isn’t enough to satisfy that greed monster. We’ve been proving that for many years now as Americans shovel more and more dollars, a larger and larger percentage of our Gross Domestic Product (GDP) into the health system, AND LIFE EXPECTANCY FOR AMERICANS IS GOING DOWN!!!

Much of profit-driven healthcare could, should, and would be dismantled under the People’s Mandate. But unless and until that happens (this is capitalist America, after all), and since we know how power-hungry too many political people are, how much they lie and cheat and steal, and We the People are forever at risk because they also make their own rules (and break them with no accountability) there will be one more addition to the People’s Mandate.

Advertising is a flexible expenditure for businesses. It’s not a necessity. A business can continue operating without spending a nickel on advertising. Successful businesses, though, tend to spend quite a bit on it. So, the First Amendment to the People’s Mandate is as follows:

Henceforward it will be mandated that every business in America, including so-called non-profits (most of which haven’t really been non-profit for decades, e.g. hospital systems, pet charities, “causes” of all kinds), no exceptions, will, upon the filing of their federal AND state income taxes, send proof to the IRS and state revenue authorities (a receipt from the state bank that received it) 10% of that amount deducted under Advertising on the business’s tax return went to the national health savings account. (e.g. if a business buys a $10 ad, they simultaneously put a dollar in the National HSA–held by the state bank in the business’s jurisdiction).

In other words, 10% of all the advertising budgets for all the businesses in America will henceforward, off the top, go toward securing individual national health. Just like the 50% of all political budgets, this money will be held in trust in the state bank of their particular jurisdiction, to be distributed to individual health savings accounts of all Americans on that designated day in November of each year.

This is totally do-able. All it takes is the will of the People to do it.

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If you want to know the history of the Federal Reserve you must read The Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin.

After that read Broken Money by Lyn Alden.

After reading the first book you will understand why we are here. The second book you will see how we fix this mess.

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I would assume there are several people here that have read The Creature From Jekyll Island by G. Edward Griffin? If not, you should. This book encapsulates the conception, and motivation behind the Federal Reserve. It explains why it would never be dissolved by those in (perceived) power. Truth is … we the people hold the power. We just need the right people to provide the guidance on how to take it back. I believe that RFK and Trump are the best team we have at this moment in time. WWG1WGA

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Hello if you care about the US economy we need to limit Chinese direct access to the US consumer market.

Please vote for our proposal to bring awareness to this serious issue!

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While I would like to agree with eliminating the Fed, I want to hear what the replacement or alternative may be because borrowing and lending has an opportunity cost. The borrower has a need and the lender is willing to delay his opportunity to use funds at the cost of the borrower. That’s called interest. I am all for smaller GOVERNMENT, but I am also for accountability and responsibility. The government wildly spending money that is not earned by them needs supervision and approval by “the people” before making unqualified spending while deepening the wells of their own pockets! It’s also the corruption in the entire bureaucracy protecting their self interest that is ruining the institutions.

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I could shorten this a lot. End the Fed. They are a criminal organization. Abolish the IRS too. They were pooped out in 1913 along with the Federal Reserve. A privately owned organization that prints money out of thin air and charges united states citizens 10% interest on our “own money” This is was and continues to be unconstitutional. In conjunction with the birth of the Fed/IRS and having US money removed from a gold standard, the US dollar has been thoroughly debased. These institutions and decisions are criminal acts and have given rise to rampant inflation and manipulated numbers a la the CPI (or more accurate the CP Lie).

There is nothing Federal and there is no reserve. End the Fed. Period. End the criminal central banks.

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The Architect of Reaganomics, David Stockman!

It’s time to end the Fed!

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–Attention everyone! - Please consider our proposal to MMTLP policy (Stop Naked Short Sales)!
You have been robbed too!
Highly appreciate your participation and your vote to bring awareness to this issue!

MMTLP policy (Stop Naked Short Sales)
rbh
Proposal for Congressional Policy to Address Naked Short Selling.

Making Markets Transparent Legitimate and Principled (MMTLP Policy)

Executive Summary:

Naked short selling—essentially the counterfeiting of stocks—is eroding trust in our financial markets and jeopardizing the retirement accounts of countless Americans. The case of ticker symbol MMTLP serves as a stark illustration of the pervasive issues linked to these practices. This proposal advocates for a congressional hearing to investigate the ramifications of naked short selling and to establish policies that safeguard investors and enhance market transparency.

Background:

The trading of MMTLP was halted by FINRA nearly two years ago due to what they called an “extraordinary event”. This event was never disclosed to the investors who have had their funds frozen for nearly two years. The unprecedented U3 halt of MMTLP resulted in significant financial distress for 65,000 to 100,000 investors. Despite their efforts to communicate the details of this situation to Congress, there has been insufficient support for a formal inquiry. Compounding this issue, the SEC has stonewalled congressional inquiries, while FINRA has actively resisted transparency efforts in court, preventing a clear understanding of the actual share count related to MMTLP.

Objectives:

Conduct a Comprehensive Investigation and obtain the Certified Audited Aggregate Share Count for MMTLP.
Gather Investor Testimonies. Collect firsthand accounts from affected investors to highlight the real-world impact of naked short selling on their financial security and retirement savings.
Establish a congressional hearing to delve into the practices of naked short selling and prioritize efforts to ascertain the certified audited aggregate share count of MMTLP, promoting transparency and accountability within the market.
Formulate Regulatory Reforms: Based on the findings of the hearing, propose specific regulatory changes aimed at enhancing market transparency, protecting investors, and preventing further abuses.

Rationale:

The situation surrounding MMTLP exemplifies what may be one of the largest Wall Street scandals in decades. Regulatory bodies, which are intended to protect investors, have instead contributed to their harm through inaction and resistance to transparency. A formal congressional hearing will not only bring these critical issues to light but will also empower Congress to enact meaningful reforms that restore trust in our financial system.
Call to Action:
I urge Congress to prioritize this issue by supporting the establishment of a hearing to prioritize the certified audited aggregate share count of MMTLP. By doing so, we can protect investors, ensure a fair market environment, and uphold the integrity of our financial system.
Additional Resource:
For further context on this issue, please view the following video: [Link to Video] https://www.youtube.com/watch?v=wWlLOoo9c2o 13
Thank you for considering this urgent proposal to safeguard
the financial futures of American investors.

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We take it back by starting with the People’s Mandate to create a real social security Trust fund, built on donations, not taxes, that is in the hands of the People, always, and inevitably grows stronger and more secure over time, regardless of current economic circumstances. “Donations” to political parties, regardless of which one, become, automatically and simultaneously, supportive to ALL the Peoples’ basic needs. This is as politics should be; our political money should not just support the maybe 51% of the people who will feel like they got what they wanted (not needed), in the most recent election, while the other 49% gnash their teeth for 4-8 more years to try to get some crumbs of what they “want.”

Meanwhile, the “wealth-ists,” the less than 1% running this “Dream” fantasy show about “Hope” and “Change” which has come down to, at this lowest point in its existence, little more than a mass exploitation of hundreds of millions of lives to their, the wealth-ists, exclusive benefit, get to learn a little bit about the fact donating, “GIVING,” IS giving, not buying…

The best part is, though I do believe Trump and Kennedy are the right men, in the right position, with the right background (and little personal interest standing in the way) to understand how the People’s Mandate works, and from there would like to see it implemented under their watch, as part of their legacy, they could continue to spearhead it as a movement regardless of whether Mr. Trump is again invited to move into the People’s big, white, guest house for another four years.

This is how WE the People, all of US, make America great again, permanently.

Local change makes a national impact big time! I agree that we have abandoned working together locally as United Americans. Our government knows this and constantly keeps us divided over the dumbest issues that amounts to nothing but a mountain made of air. If we band together locally and work our way out with scale, the national impact will be huge!!

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There is a major job displacement to China happening right under our noses. The internet has allowed the Chinese job displacement to extend from just manufacturing now to entire industry verticals. This needs to be spotlighted before its too late!

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WRT:

In short; this is a “feature” not a “flaw” in the UniParty system.
Agree with all… well articulated!
-Andrew Calverase

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The evidence is that PE is not gutting the country. Here is the research: Prof. Steven Kaplan: "What Do We Really Know About Private Equity Performance?"

It’s more about technology and innovation displacing jobs, along with terrible public policy which limits competition.