We hold these Truths to be self-evident...
If a government has useful jobs to do and unemployed workers, the obvious solution is for the government to be the employer of last resort and create fiat currency to pay the workers. The added currency creates higher GDP, negating inflation. Problem solved.
Napoleon did it after ten years of chaos from the French Revolution. Germany did the same after their tragic-comic hyperinflation. In both cases, the two economies quickly became the most successful on the planet. Many of America’s brightest minds have argued for government-created currency, including Benjamin Franklin citing direct experience with the prosperity of the Pennsylvania colony with almost zero taxes. Government-created money can be used to directly pay for government goods and services rather than taxes.
But in America today, we have record poverty and hunger: 50 million Americans, 17 million households, one in every six Americans. We have a real unemployment rate of 22% when discouraged and part-time workers are added; close to the highest levels in American history. The so-called stimulus of job creation is symbolic. The numbers of new jobs claimed versus the number of unemployed make the odds of getting one of these jobs about as likely as getting into Harvard. And according to our government’s report on stimulus spending, $6.4 billion went to job recovery in “phantom” congressional districts that do not exist. Remember, this is the same government that regularly steals 25% of the Department of Defense budget that by their own admission becomes “unaccounted for.”
With crumbling US infrastructure, we could put the unemployed to work, but our political leaders tolerate poverty, hunger, homelessness, despair, and crime instead from political fear and feigned compassion, change and hope.
A Harvard study reports that 45,000 Americans die every year from unnecessary causes due to lack of health insurance. This, when Americans pay twice as much per capita for health care than all other developed countries and would save us money (and here). This too is a cruel hoax of leadership.
On our planet, we tolerate a million children dying every month from preventable poverty, when the investment to solve all related problems is less than one percent of US income. Ending poverty in every historical case reduces population growth rates, decreases crime and terrorism, and improves environmental quality. Our political “leaders” of both parties spend trillions on wars, but only fund our commitment in UN Summits to end poverty at about 20% of our promises. We spend trillions on US banksters, but won’t solve Americans’’ problems of poverty, hunger, unemployment, death from lack of basic health care, and do even less for the billion human beings living in poverty around our world.
The ONE campaign to make poverty history has an accurate and powerful slogan: We don’t want your money, we want your voice.
A starting place for Americans is recognizing that your leadership doesn’t represent your interests. We must discover a way for our will to be represented using our 1st Amendment right:
Congress shall make no law… abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
Following are 1-minute and 3-minute videos from One.org, then a 4-minute video reminding us who the people we save from poverty are.
As always, please share this article with all who claim civic competence. If you appreciate my work, please subscribe by clicking under the article title (it’s free). Please feel free to use my archive of work to help build a brighter future.
Comments
Fiat money? Are you kidding me?
How about CUTTING TAXES??? Kennedy did it and it worked, Reagan did it and it worked, hell even BUSH got this one right! Some people pay as much as 60% of their income in taxes and fees and small businesses are literally disintigrating under the rising burden. The solution is SO SIMPLE but Barack-on-high would rather make you dependant on the State rather than let you be dependant on your SELF.
Eugene:
How about you read to understand an idea that's new to you? It's at least a trillion dollars a year of public benefits. Tax money disappears, as I document, but I recommend readers understand the idea documented and promoted by many of America's brightest minds that Eugene brushes aside so thoughtlessly.
It's true. Fiat money has historically been proven to be the answer in stimulating domestic economies. It is also not tainted by usury and inflation.
As far as taxes, the Federal Government was never given the right to tax state citizens. It was only meant to levy taxes from U.S. possessions and territories for the maintenance of the District of Columbia whereas only individual State's can exercise that right to collect a tax.
We have fiat money now.
ONE, How is this any different. And Two, Why do you want to empower the Gov't more? The very Gov't that got us into this mess. You seem to want to Grow the Government??
Are you basically for Less Gov't role or More Gov't role??
3.Thus in the event of the dissolution of the Fed there is no longer any purpose in keeping US armed camps all over the world, and is why with the dissolution of the Fed and the IRS and in reducing America's armed forces to continental rather than forward defence a whole $2,000,000,000,000 annually becomes available to release a prosperity to the yearning and abused American people beyond imagining, as there is no precedent for it - except before the War for Independance against the English bankers; the forerunners of the Fed.
2.Should legislation annulling the Federal Reserve be passed, then the IRS could be automatically dissolved as it was twinned in 1913 with the Federal Reserve System legislation so that the formerly free citizen could now be classed as taxpayer serf, and be milked accordingly to pay interest on counterfeit Fed issued currency.
In abolishing the Fed not only would a Trillion annually in interest payments by taxpayer serf cease but also would cease American foreign military deployments on some 731 bases which would save the taxpayer serf another Trillion.
Why would America withdraw its forces from foreign countries in the event of the Fed being dissolved ? Globalisation is for the exclusive benefit of the private central banksters and is facilitated mightily by the armed forces of those nations already captured by these private central banksters, with the powerful armed forces of the United States in the lead role. Others may tag along for appearances sake.
1.There is only one cancer in the United States of America, and that is the Federal Reserve System passed into law in December 1913 when the House did not even have a quorum as most members were with families for Christmas.
Technically the Fed is illegal; just as is the original $700Bn TARP legislation which on 29sep08 failed to pass through the House. Undeterred, the conspirators introduced it via the backdoor of the Senate on 3oct08, and it passed; and then was introduced into the House, and this time it passed there too !
Never before had a money bill been first introduced into the Senate. Was that illegal ? Apparently not, as govt decrees what is and what is not. Citizens action initiated ? Haven't heard of any.
To that known history of illegality and novel Congressional practice we can add the fact that the IRS has uncertain legal status as the 16th Amendment to the Constitution was never ratified by the required number of states.
WHAT:
You need to invest an hour or so to understand the difference from what we have now:
Bank-created credit (money) that starts when someone asks for a loan and only and always increases debt with total payment impossible, from what monetary reform is:
Government-created money for the direct payment of taxes (public goods and services)
Just follow the links. The video I have on my article, "Monetary reform: reclaiming $1 trillion every year through public creation of money" is very helpful.
I want the power to create money removed from the banks and returned to the people. It's both banks and government that created this mess. You need to learn more to understand this choice. Are you responsible enough to learn one of the very few trillion dollar issues?
Well I didn't declare myself properly. I am Against the Fed and it's Fiat money scheme. I will follow your links.
But what about my basic question. Are you for increased Gov't or a decreased more limited Gov't??
what?:
It depends on the area whether I'm for more or less central government. For less:
1. Department of Defense OFFICIALLY loses 25% of their budget each year.
2. We pay Treasury $450 billion every year for national debt interest. We eliminate that with monetary reform.
3. Wars of Aggression are criminal and wastes trillions in long-term costs.
4. Department of Education with testing.
5. Drug laws.
For more central governemnt:
1. Single-payer health care covers all and saves $100 billion/year.
2. state or federal govt. should be the employer of last resort.
3. We should have the best schools, infrastructure and beautification of cities. Cover education pre-college.
That's a start; it's a deep topic, as you know.
Thanks for responding. I agree with you that it is a deep subject.
Also I agree about your Less column. Drug laws, maybe, some but not all Drugs.
More Central Gov't . I agree with # 2. # 3? Cover Pre-College, yes. But I think there should be private options also. Infrastructure yes,along with HONEST bidding by private Comp. WITH public review. Beautification, sortof. What some may call Beauty others may call Detroit.
#1 Can't agree with this one. There is no one size fits all solution to this. Medicine and patient needs (if they are to be honestly met and not a ration scheme) are very complex in a real world ,day by day basis.
Do you think a Government Fiat system could or should be backed by Gold/Silver or a basket of pre-agreed upon commodities? I've seen that batted about, and the fact that Gold coinage is called for in the Constitution. Perhaps silver is too I don't know.
I really can't decide if it's a good solution or not. Maybe a partial backing?
The most obvious solution to MANY problems would be to send the illegals home...AND TAKE CARE OF OUR OWN!!!
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