Now that I have your attention, here's part of an article by a fellow named Carl Herman.  It's actually a 3-part plan to "make America great again"  - for real. 

 

http://www.washingtonsblog.com/2016/08/5...more-60264

 

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A “great” America has at least these three required policies:

1. End lie-started and unlawful Wars of Aggression.
   
2. Arrest Left and Right .01% War Criminals and .01% trillions-looting banksters.
   
3. Enact monetary reform and public banking for ~$1,000,000 per US household benefits
   

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The first 2 parts are quite interesting, but the 3rd part - the MONEY! is posted below.

 

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3. Enact monetary reform and public banking for ~$1,000,000 per US household benefits.

The top three benefits each of <b>monetary reform</b> and <b>public banking</b> total ~$1,000,000 for the average American household, and would be received nearly instantly. Fed Chair Janet Yellen publicly acknowledges monetary reform as described below, but continues a history of criminal fraud in her lawful fiduciary responsibility to truthfully provide what you’re about to read. The data below include evidence of a .01% oligarchy criminally looting tens of trillions of our dollars.

<b>Monetary reform</b> is the creation of debt-free money by government for the direct payment of public goods and services. Creating money as a positive number is an obvious move from our existing Robber Baron-era system of only creating debt owed to privately-owned banks (a negative number) as what we use for money. Our Orwellian “non-monetary supply” of adding negative numbers forever causes today’s tragic-comic increasing and unpayable total debt. You learned these mechanics of positive and negative numbers in middle school, and already have the education and life experience to conclude with <i>Emperor’s New Clothes</i> absolute certainty that accelerating total debt is the opposite of having money. As a National Board Certified and Advanced Placement Macroeconomics teacher, I affirm this is also exactly what is taught to all economics students.

The public benefits of reversing this creature of Robber Barons are game-changing and near-instant. We the People must demand these, as .01% oligarchs have no safe way to do so without admission of literal criminal fraud by claiming that debt is its opposite of money.

The top 3 game-changing benefits of monetary reform:

1. We pay the national debt in proportion to removing private banks’ ability to create what we use for money as debt in order to prevent inflation. We retire national debt forever.
   
2. We fully fund infrastructure that returns more economic output than investment cost for triple upgrades: the best infrastructure we can imagine, up to full-employment, and lower overall costs.
   
3. We stop the ongoing Robber Barons who McKinsey’s Chief Economist documents having ~$30 TRILLION in tax havens, and the Fed finding the US top seven banks creating shell companies to hide $10 trillion. This amount is about 30 times needed to end all global poverty, which has killed more people since 1995 than all wars and violence in all human history.
   

<b>Public banking </b>creates at-cost and in-house credit to pay for public goods and services without the expense and for-profit interest of selling debt-securities. North Dakota has a public bank for at-cost credit that results in it being the only state with annual increasing surpluses rather than deficits.

Top 3 game-changing benefits of public banking:

1. a state-owned bank could abundantly fund all state programs <b>and</b> <i>eliminate all taxes</i> with just a 5% mortgage and credit card.
   
2. a state-owned bank could create in-house and at-cost credit to fund infrastructure. This cuts nominal costs in half because, as you know, selling debt securities typically doubles the cost. For example, where I live we’re still dismantling the old Bay Bridge in NoCal from the upgrade that cost $6 billion, but the debt-service costs will add another $6 billion when it’s all paid.
   
3. CAFRs (Comprehensive Annual Financial Reports) stash “rainy day” funds no longer required with a credit line from a public bank. In addition, the so-called “retirement funds” currently deliver net returns of just a few percent on good years, and negative returns on bad years (here, here). California’s ~14,000 various government entities’ CAFRs have a sampled-data total estimate of $8 trillion in surplus taxpayer assets ($650,000 non-disclosed assets per household, among California’s ~12.5 million households).
   

<b>$1,000,000 of benefits per US household:</b>

• California’s CAFR data of ~$650,000 of assets per household is evidence of huge cash assets of similar magnitude in every state.
  
• Paying the US national debt of ~$18 trillion saves ~$180,000 per household.
  
• Ending state taxes in California to pay a budget of ~$170 billion saves each household ~$15,000, with similar savings in every state.
  
• ~$30,000 per household savings annually: the American public would no longer pay over $400 billion every year for national debt interest payments (because almost 30% of the debt is intra-governmental transfers, this is a savings of ~$300 billion/year). If lending is run at a non-profit rate or at nominal interest returned to the American public (for infrastructure, schools, fire and police protection, etc.) rather than profiting the banks, the savings to the US public is conservatively $2 trillion (1). If the US Federal government increased the money supply by 3% a year to keep up with population increase and economic growth, we could spend an additional $500 billion yearly into public programs, or refund it as a public dividend (2). This savings would allow us to simplify or eliminate the income tax (3). The estimated savings of eliminating the income tax with all its complexity, loopholes, and evasion is $250 billion/year (4). The total benefits for monetary reform are conservatively over three trillion dollars every year to the American public. Three trillion is $3,000,000,000,000. This saves the ~100 million US households an average of $30,000 every year. Another way to calculate the savings is to figure those amounts per $50,000 annual household income (for example, if your household earns $100,000/year, you save ~$60,000 every year with these reforms). This savings represents a 60% raise for every US household’s income.
  
• Related, if the ~$30 trillion hidden in tax havens by the .01% have $10-$15 trillion from Americans, and we count the Federal Reserve report that the US top seven banks have over $10 trillion stored, then the average US household could clawback ~$200,000 to ~$250,000.
  

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What's a .01% War Criminal?

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What's a .01% War Criminal?

Don't worry, Carl Herman will tell you who. No need for a fair trial or a justice system.

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What's a .01% War Criminal?

 

It's the very tiny % of people at the top of society who take us into illegal wars and profit from these wars.  If you need more information the article is detailed and has links to back everything up. 

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It's the very tiny % of people at the top of society who take us into illegal wars and profit from these wars.  If you need more information the article is detailed and has links to back everything up.

I read the article. Are they trying to say one percent or one tenth percent?


Why not just all War Criminals?

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I want my million in One dollar bills. Im going to make it rain up in the Goldclub. :woot:

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Looking to troll? Don't bother, we supply our own.

 

 

I want my million in One dollar bills. Im going to make it rain up in the Goldclub. :woot:

There won't be any girls there. They'll all have taken their million dollars and retired.

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There won't be any girls there. They'll all have taken their million dollars and retired.

In my experience most of the young ladies will drink, snort,smoke up their nightly earnings within two hours of quitting time.

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Looking to troll? Don't bother, we supply our own.

 

 

Now that I have your attention, here's part of an article by a fellow named Carl Herman.

 

You did have my attention for 5 seconds.

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The day you hand out a million bucks to every household is the day a loaf of bread costs a thousand smackers.

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Looking to troll? Don't bother, we supply our own.

 

 

The day you hand out a million bucks to every household is the day a loaf of bread costs a thousand smackers.

And that would be the discount day old stuff, not the fresh backed kind!! That would cost a whole hell of a lot more!!

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What in the Wide Wide World of Sports is agoin' on here???

I remember reading somewhere (I don't remember where and I'm too lazy to search) where there was some kind of study that showed if you took all money from everybody right now and distributed it equally, the rich people would be rich again and the poor people would be poor again in a very short time.

 

Just ask people what they would do with a million dollars or what they would do if they won the lottery.  Most of the answers would be things that talk about blowing money.

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

The essence of the article is that money would be a positive asset that nobody had to repay instead of a debt that had to be repaid by future generations.  Instead of roughly $3 trillion per year going to banksters and governments, it would go to the people or to infrastructure that would make all lives richer.

 

Read the Grace Commission report from the Reagan administration.  Not one dime of income tax goes to the people, the government, or any infrastructure.  It all goes to private bankers to pay the interest on a debt we never had to incur.  The U.S. Treasury could have issued that money interest-free. 

 

A reformed system would have no bankster billionaires living off the productive efforts of the people.

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