I am puzzled why the administration is getting grief on the economy. They have performed a @##$% MIRACLE in preventing a complete meltdown after 8 YEARS of completely irresponsible economic policy. The idea that Geithner is gettign raked over the coals for being "ineffective" and indecisive is absurd. He and the other economic team basically dug the whole GLOBAL economy out of a deep trench. Even at 2.8% the fact that the US GDP is positive is amazing news, and definitive proof, by the way, of the practical truth of Keynsian theory.
The Stimulus Act has been a huge help. It could have been even more effective, had there been more support in the Senate for the policy (from Republicans), but they have been to a man (with a couple of women, and one who has subsequently become a Democrat) against it. It is pitiful for them to now claim that the stimulus is not working ENOUGH to prevent unemployment going up, when THEY were the ones who ensured it was not larger than it is.
But, despite GOP pernicious opposition economic policy has been remarkably effective, so effective that we are now, as an economy, growing again. But now the fear among the economists is that consumers are not spending enough money. But isn't the whole point about the balance of payments deficit and the credit crunch that consumers were spending too much in the first place? Don't we need a period in this country when there are not outlays aimed at consumption but rather at production? For exports, or for energy-saving? We need to get capital aimed at straightening out the US economy and its position in the global economy. The best way to do this is to invest in export industries and in infrastructure. So we should be happy that the consumer is not maxing out on credit cards again. The problem now is how to get the finace sector to pony up the capital to get the economy producing again--rather than paying itself huge bonuses. But isn't the fact that Wall Street is not doing its side of the bargain yet more evidence that the "free market" is not working, and is that not an indictment of right-wing anti-government theory, rather than something to blame the Obama admin. for, or Geithner?
So, spread the word that our guys have saved capitralism from itself--if they don't fulfil their side of the bargain by investing in their ownh system--then that is their fault (and that of their republican cronies)--not of the Obama administration.
I encourage all to go to "http://www.barackobama.com/issues/" and review OFA's core issues. Do we not have a common economic goal with people in other districts in every state? Yes, we do! Is it obtainable? Yes it is, at least it will be once we combine all of our collective thoughts and efforts.
ECONOMY- OFA's Issue Statement basically states: Change how we do business, rebuild our economy on a new foundation. I think it also implies that we all should share in our nation's economic growth and rewards. Not just the top two percent! I reject the thought or premise that a recovering economy will not produce jobs until months or years later. Where does it say Wall Street Bankers, Investment, Healthcare, and Insurance executives must get preferential treatment. Could it have started years ago when these same executives promoted an unregulated perverted free market economic ideology. To the working and middleclass disadvantage, have they also persuaded our representatives in government to consider us to be meaningless simple minded consumers and not intelligent demanding citizens?
Join with me not to be a socialist but to be pragmatist. We need a JOBS based economic recovery. Let us have an opportunity raise and feed our families in a stable place we call home. We need to design, process, and manufacture products in America like those productive Americans before us. There is inherent pride when we can show our family, products that we made in our workshops, factories and on construction sites. A quality life style we can be proud of.
A jobs based economic recovery would also discourage our children from joining gangs. If they can grow up with hopes and dreams and see a pathway to a quality life style, they will want to work. We must realize "Hopes" and "Dreams" eventually turn into goals and success stories. Jobs paying a living wage will indirectly dissipate the growing street gang crises and hopefully reduce it to a controllable nuisance.
Scandalizing methods of making money by shifting paper around in secrecy and under the cloche of darkness on Wall Street is no different than shifting twenty dollar notes around in secrecy and under the crack or coke of darkness behind Main Street.
We need JOBS, financial and insurance regulations, fair tax and trade laws that will remake America into a great industrial society. An educated and skilled workforce that manufactures finished products from raw materials. One that builds great Machinery and wonderful Landmarks. Give us JOBS and a chance to participate in this recovery.
We cannot wait for weak legislation to accidently happen once or twice a year. We cannot accept our Congressional Representatives bragging about being obstructionist introducing numerous phony amendments and then after all that, voting NO. We certainly cannot accept it from Rep. Barton Gordon (D?-TN-6) a BLUE DOG DEMOCRAT in the great Congressional Sixth District of Tennessee. I say " BLUE DOG DEMOCRAT " as a negative intonation. We need a progressive democrat like President Barack Obama.
The first step to success is that we have to want it. The second step is organizing and doing something about it. The third is monitoring or measuring our progress. Forth, continuously improve, change or make corrections to the process. Fifth, monitor, re-measure and accept no less than success. Just as OFA's issue statement says, " We will not rebuild our economy on the old model of bubbles and busts. We'll only climb out of the current crisis by creating a new, sustainable foundation for our economy's future -- and make the tough choices to put our economy back on the road to long-term prosperity." Think about it, talk about it, today we look back and see the economy still needs aggressive change. Our foundation cracked a year ago and is still unstable. We need to help President Barack Obama implement change at an accelerated pace. Do we think Rep. Barton Gordon is up to the task? I am now questioning this?
Is the thing a financial kitchen ?
Yes and no.
Yes because the thing is challenging FED's for the creation of the Universocial_Sovereign_Anchor (U_S_A) for giving folks CLO (Cash_Link_Opportunities) to keep their personal bank-financial power.
No because Regulations and the USA Admnistration are not salt pepper and kitchens.
Do you think it is possible to create a substitute for the investment's practice ?
Would you use the thing for yielding wealth if just you need to link money-to-money at the U_S_A ?
Do you trust on your USA President and on United We Serve ?
Are you committed to supporting the President's plan for healthcare reform?
President Obama has called for Congress to deliver on comprehensive healthcare reform that provides security and stability for the insured, help for the uninsured, and reins in the costs of healthcare for families, businesses, and government.
This requires a mutual commitment - all of us must pull together in order to accomplish this goal.
The status quo is unsustainable and morally unacceptable. We spend 16% of our gross domestic product on healthcare in this country - $2.4 trillion per year - and insurance premiums have more than doubled since 1998. Wages have remained flat while healthcare costs have increased, leaving families with less money in their paychecks. 45,000 Americans die each year because they don't have access to insurance, and a million more American families go bankrupt each year because of medical bills.
These issues don't discriminate. Rich and poor, labor and management, black, white, Latino, Asian, Native American, male, female, straight, gay - all of us are impacted by the drag of healthcare costs on our economy.
Will you join the President in supporting reform? Please tell your Senators and Representatives to pass reform this fall. We can't wait another day.
Post a comment to show your support, and share your ideas.
By Padmini Arhant
According to the latest reports, the current jobless rate is 10.2% with 16 million Americans competing for 3 million jobs. Apparently, this figure does not include the underemployed. The Corporate related unemployment is further expected to rise up to 10.8% by the end of next year. Another grim factor is the joblessness among the self-employed and the small business retrenchments reportedly escalate the figure to an alarming 17.5% resembling the severe depression era.
Growing unemployment is a major impediment as consumer spending is directly linked to the job market posing a downside for the entire economy. Despite, the economic growth at 3.5% along with the 9.5% annual productivity for the recent quarter, the American workforce is yet to benefit from the surge in these areas.
The most affected sectors appear to be construction, manufacturing and retail. Although, the recent stimulus signed by President Obama extends unemployment benefits for 14 weeks and 20 weeks to the worst hit states combined with the tax credits for the first time and other home buyers, the problems confronting the industries required to generate jobs is attention worthy.
Please refer to http://www.padminiarhant.com for the remaining content.
Thank you.
Padmini Arhant
With the new news, that the economy is turning to Mexico for trade goods, instead of China; my face begins to smile. I predicted this would happen long ago, just funny to see it happening, as well, I had a hunch that we would send them approximately, 500 million worth of computers, for any reason what so ever. Well, 200 million have already been sent, with 200 million more on the way. What a nice little touch. The drug dealers getting busted, saw that coming too. When your country is over run and the US, needs you, it is time to help stabalize your country. Well, those are the biggest things going on in Mexico, I saw them coming though. So what is next? What should be next? With the prices going down on products, due to this change, we will see foriegn goods in a different manor. No longer will they be produced from the other side of the planet, but from our friendly neighbor Mexico.
What I see...
RAVE -N-The Search for the Meaning of Life...Love...Wesley Warren Smith
may be in run on mode.. but w/e
From: Kristian Hemker
Longmont, Co.
To: Barack Obama
From: A concerned youth in America
Dear Mr. Obama,
I have recently heard of your Nobel peace prize and I have one thing to say. The humble thing to do regarding the prize would be to turn it down and not be the publicity whore you have been all through your campaign. What we need from you isn’t uselessly accepting baseless award and accolades, but rather a Man, people will be able to look back on and say “he said he was going to change America, and he did.” As a 21 year old American I have seen all of the games and ploys of the political politicians and the rise and dashing of many hopes. I’m for the war in Iraq and I wish the people knew what good we were actually bringing those people. I have asked many “Democrats” “what is a democrat?” to which no one could answer. I have also asked people if they think Iraq is in better or worse shape since we have been there… and I have e yet to find a satisfactory answer from your party. I currently think we live in a one party system where private interests run the show behind the scenes and the political “debates” (if you can even call them that) are just a giant farce. I am a Libertarian and I know that capitalism isn’t all good and socialism isn’t all bad. Capitalism is the only form of economy that provides actual opportunity to gain wealth on your own merit, and individualism like that isn’t possible in a society that gives everyone everything they need. Americans are far too comfortable and stupid to understand the complex systems which control our economy. and schooling is almost impossible to afford in such hard economic times when you barely make middle class wages. The invisible inflation of costs in the housing markets is over rampant. I live in Colorado where those who have no skills lose jobs and those without jobs can’t afford the education for themselves let alone their families. I would like to also note the famous phrase “a government that can give you everything you need can take it all away.” So I think we need a drastic overhaul of Education and Welfare services. As far as the immigration issue is concerned I don’t think we need a second language but if they are willing to enter the “cultural melting pot” then I think amnesty isn’t a horrible idea. I think that Americans are far too comfortable and the low class can make more off of welfare then they can working at a local business. I would urge you to take these things into consideration because its my future and your children’s future not the ruling elite. I didn’t vote for you because I wanted to vote for Ron Paul but he didn’t get the nomination so I voted for Bob Barr, Because I believe that having too much control in both the house and senate doesn’t lead to rational discussion, but rather a comfortable arena to cater to private interests.. And I would also say that the billions of dollars of tax revenue you printed are going to destroy the middle class. I think we need a national minimum wage with a maximum housing limit. I don’t think that the government can solve all my problems so i am going to apply for government aid to start college in January for a “structural engineering and technology of applied science”, and try to get as many certifications as possible. What the country needs is not hand outs or government aid but Oportunity. And I think what they need you of you now is not the politician but the Man, Father, Husband, and intellectually honest person, I know you can be. This whole letter might fall on deaf ears but at least I had my say. I really hope you actually read this all the way through and took it into consideration despite my age. I am off to get my brother from a correctional facility because some of your “peace officers” arrested him while he was helping my grandmother out the front door with some dirty water because our sink is clogged and we cant afford to fix it. I would hope you take each of my statements as if your daughters were asking you. Why the police arrest more blacks and convict them than of any other color? And I hope you don’t disgrace the memory of Dr. Martin King who said “do not judge a man by the color of his skin but the content of his character.” One last thing I have to ask. Why it is in a country that obviously has a drug problem are we arresting these criminals the government, Has made for itself and using my tax dollars, (Which I haven’t earned much of) to house these criminals for upwards of 20,000 dollars a year, Per person. Not that we should let people out of prison because of the high recidivism rate. One final thing that I have learned from my Hispanic forbearers is “I would rather die on my feet than live on my knees”
Sincerely,
Kristian Hemker (concerned 21 years old)
This happened at Jack Kingston's Health Care Town Hall, Valdosta, GA, 28 Sep 2009: a veteran was booed for saying respect the president. To Kingston's credit, he shushed the crowd.The speaker was George Rhynes, who is one of the organizers of a rally tomorrow, Saturday 17 October 2009, on the Lowndes County courthouse steps, Valdosta, Georgia. Invitations on
I have been doing some thinking lately and analyzing the Fed's rate action since 2000 and have decided the biggest problem created by the Fed was not bring rates to historic lows after the 9/11 terrorist attacks. The problem began when the jacked up rates in early 2000. Then after realizing they “goofed” dramatically reversed course in 2001 only to overshoot to the down side where they left rates to low for to long. When realizing this, the Fed followed with a draconian attempt to return the rates back to "normal" beginning in 2004, which wrecked havoc with the credit markets and economy.
Congratulations! to the Chancellor of Germany Angela Merkel and the FDP leader Guido Westerwelle on the re-election of CDU-CSU (Christian Democratic Union and Christian Social Union) in grand coalition with the Free Democratic Party in the 17th German Federal election on September 27, 2009.
As a major economic power and the largest exporter as well as the second largest importer of goods, Germany is significant to the global economy and the international progress. The export-oriented nation has been drastically affected from the global economic crisis. It experiences the common woes like the financial market failure leading to the government bailouts; massive job loss in the manufacturing sector especially the automobiles and heavy industrial equipments…having a ripple effect on other sectors in the economy.
However, Germany has contained the crisis from further deterioration due to the various government run programs viz.
Every day I am told by various people, mainly customers at my Walmart store in Secaucus that I should thank God that I have a job. That may be true and thankfully, I am employed. But, to what end? What good is any job if your family has to apply to the government for help, which is just what we did this past Friday. We sat in the Welfare office for 5 1/2 hours waiting to see a person who took our information and told us to come back this coming Friday to apply. 5 1/2 hours and we didn't even get to apply.
Walmart stores made more than 400 billion dollars last year. It is true they have more that 2 million workers world wide, but I don't think they would miss an increment for us that would at least put food on our tables and maybe give enough to pay the rent? That is the plight of the Walmart worker. By the time I take out my food money, pay my car insurance, and set aside money for gas for the car, there is MAYBE 15 dollars left in my pocket.
Now, I have worked since I was 16 years old and legally able to do so. I helped support my family, my mom, dad and two younger brothers, quitting high school to do so. Then, when my first son was born, I had him to support, and, after I met my husband (of 33 years) I had to help support my two children and when my husband became disabled I had him to help take care of. His disability check is unrealistic and so low that there is no way he could support himself.
My point to all of this is that if Walmart, with all their riches (fat cat family made 90 billion in 2008) would give up some of OUR HARD EARNED CASH, perhaps we would not have to rely on emergency room visits when we are sick, or on Welfare to feed us and keep us in our homes. Walmart is helping to drain the US economy by their lack of compassion for those who break their backs for the Walmart company.
Something MUST be done! We are draining the United States and the taxpayers because Walmart refuses to share the wealth.
I don't want people to stop shopping there, heavens no! That would be a disaster for all of my hungry co-workers. I just want Walmart to do the right thing and give us our fair share for all the work we do.
Go www.walmartworkersforchange.com or www.americanworker.org and make a statement, take a side. Ultimately you will be affected by corporate Americans lack of caring for those of us who make things tick in this great human clock.
People often forget, either due to distractions, blinding cynicism or a lack of education, how unique this country really is. The United States of America is a nation forged and grounded in a rich tradition of protest and persistent refusal to accept the status quo. In many ways this tradition has been in hibernation--recent decades will never be known as the years of particularly impressive citizen participation in government and policy. Indeed, the American people have become increasingly apathetic and stupid, but I believe that the spirit has remained alive--in fact, I predict that the drive to change our most negative aspects of society is building momentum; isn't it obvious?Take the town halls on health care, for instance. Though CNN, FOX and MSNBC only cover the crazies, there is some remarkable dialogue going on--and not just by the supporters of health care. When it comes to the Public Option, there is a genuine philosophical debate to be had. Remember that the whole point of the American Revolution was to establish independence from an abusive and invasive government that taxed excessively and unfairly. We have come a long way since then, and have perhaps gone full-circle in many ways. I share many Libertarian concerns of the expansion of the U.S. government, excessive spending and the limitations placed upon civil liberties; not to mention our often tyrannical foreign policies. Indeed, the United States became the very empire its citizens died to defeat. People think I'm a big gov liberal, but the fact of the matter is that the federal government IS WAY TOO BIG! The War on Drugs is a fiscal and societal disaster, the Iraq and Afghanistan wars are squandering our treasure. The IRS ought to be torn down and replaced with a simpler tax code, and the Patriot Act ought to make every single American extremely wary of what leaders know about our personal lives. Not to mention the militarization of government that has seeped into the media and saturated our culture. So when people say to me: "I just don't believe the federal government should expand! It's already too massive" I agree! The problem is that in this modern world, there are modern problems that require state intervention. Spying on Americans is not one of these exceptions. Drug abuse isn't either. Nor is Saddam Hussein or Ho Chi Minh! But to the people who believe the Public Option is some kind of government takeover and the onset of communism: should we not fight to end the excessive federal policies that actually hurtpeople? The War on Drugs fuels a culture of crime in the inner-cities. At least a million Iraqi citizens are dead because of the current conflict--not to mention the 4,339 dead American soldiers. But now you oppose a public health plan? A plan that will help your fellow citizens get the care they need? A report by the Institute of Medicine suggests that as many as 22,000 American citizens die annually due to the lack of an insurance policy--one that either could not be afforded or was cut by employers!And let us not forget that the Public Option is an OPTION! While the true Left wing of this USA would really like a single-payer system, it is simply not going to happen with this legislation. Big Insurance is the most powerful lobby in Washington, and certainly has great influence on the bill--in other words, the argument that people will be forced to take the government plan is bullshit. The truth of the matter is that most people will keep their private plans; plans, by the way, made more consumer-friendly due to other reforms that will be in the final legislation (including the preexisting condition issue and the ability to choose your own doctors).Though this is an expansion of government services, I want to tell you how the Public Plan is actually more economical and sustainable than the current system. You see, being private enterprise, Big Insurance seeks to charge as much as possible while providing as little as possible. I have no problem with capitalism (I am a Capitalist), but this is the reality of the basic operations of a firm. While this is perfectly acceptable in most sectors, health care is an entirely different beast. Since 2000, insurance premiums have nearly doubled! In 2007, the U.S. spent about $2.2 trillion on health care,* which comes out to approximately 16.2% of GDP--nearly twice the amount of the rest of the developed world! ** If you aren't worried yet, then you have read these numbers: by 2025, costs are expected to rise 25%; by 2082, 49% ! *** Oh, and did you realize that every GM vehicle is $1,525 more expensive because of employer-based health care coverage? Insurance is by far GM's biggest expenditure--even more than steel! ****And the numbers go on and on. This is the financial argument, and it is all tied to the Big Insurance practice of driving up costs for higher profit margins, and making up for their clunky and inefficient administrative costs. Medicare costs are skyrocketing because they are subsidizing these inflating premiums, and this must be replaced. The Public Option must establish a much simpler and transparent system that injects competition into this stale and unsustainable market. It is fiscally sensical and it is moral.But just any Public Option will not do. Next week I will tackle the question of "what must a Public Option look like in order to drive competition and cut costs?"Absorb it, discuss it, and hopefully support it. Leave your comments below.*Office of the Actuary, Centers for Medicare and Medicaid Services, National Health Expenditure Data for 2007. U.S. Department of Health and Human Services, available at: http://www.cms. hhs.gov/NationalHealthExpendData/02_NationalHealthAccountsHistorical.asp#TopOfPage**Organisation for Economic Cooperation and Development. OECD Health Data 2008.***P.R. Orszag, Growth in Health Care Costs: Statement Before the Committee on the Budget, United States Senate, (Washington, DC: Congressional Budget Office, Jan 31 2008), available at http://www.cbo.gov/doc.cfm?index=8948****R. Wagoner, Testimony before the House Financial Services Committee, December 5, 2008.http://thinkprogress.org/2008/12/05/gm-health-care-reform/my blog: http://www.theskyewire.com
Denison University 2011
*Office of the Actuary, Centers for Medicare and Medicaid Services, National Health Expenditure Data for 2007. U.S. Department of Health and Human Services, available at: http://www.cms. hhs.gov/NationalHealthExpendData/02_NationalHealthAccountsHistorical.asp#TopOfPage **Organisation for Economic Cooperation and Development. OECD Health Data 2008. ***P.R. Orszag, Growth in Health Care Costs: Statement Before the Committee on the Budget, United States Senate, (Washington, DC: Congressional Budget Office, Jan 31 2008), available at http://www.cbo.gov/doc.cfm?index=8948 ****R. Wagoner, Testimony before the House Financial Services Committee, December 5, 2008. http://thinkprogress.org/2008/12/05/gm-health-care-reform/
"Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to the society...."He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention...."In civilized society he [man] stands at all times in need of the cooperation and assistance of great multitudes, while his whole life is scarce sufficient to gain the friendship of a few persons. In almost every other race of animals each individual, when it is grown up to maturity, is entirely independent, and in its natural state has occasion for the assistance of no other living creature. But man has almost constant occasion for the help of his brethren, and it is in vain for him to expect it from their benevolence only. He will be more likely to prevail if he can interest their self-love in his favour, and show them that it is for their own advantage to do for him what he requires of them. Whoever offers to another a bargain of any kind, proposes to do this. Give me that which I want, and you shall have this which you want, is the meaning of every offer; and it is in this manner that we obtain from one another the far greater part of those good offices which we stand in need of. It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their self-love, and never talk to them of our own necessities but of their advantages."
"All systems either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man or order of men. The sovereign [politician] is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable delusions, and for the proper performance of which no human wisdom or knowledge could ever be sufficient: the duty of superintending the industry of private people." (The Wealth of Nations, vol. II, bk. IV, ch. 9.)
"It is the highest impertinence and presumption, therefore, in kings and ministers [read politicians] to pretend to watch over the economy of private people, and to restrain their expense. They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs." (vol. I, bk. II, ch. 3.)
"This victory alone is not the change we seek — it is only the chance for us to make that change."
HOW DO WE PAY FOR THE GENERAL ELECTION MANDATE OF THE AMERICAN PEOPLE?
Somebody asked the chief engineering officer of BEE, “POPLUV THE PAYGO” …”Is this just another APE idea?”
American Politrix Enterprise is alive and well. There is a civil unrest among the American people about the whole idea of change, as they see or perceive and believe, things are actually going the way of “spreading the wealth around” by the Obama Administration.
“JOBS! JOBS! JOBS!”... “NO WORKER LEFT BEHIND!”… “NO TAXPAYER LEFT BEHIND!”… “NO HOUSEHOLD LEFT BEHIND!”… “NO AMERICAN LEFT BEHIND!”… 304 MILLION AMERICAN PEOPLE STRIVING FOR A MORE PERFECT UNION…
“POPLUV THE PAYGO”
This is what needs to be said in response to the outrage over CHANGE – Change You Can Believe In! ... says the spokesperson from NESS – the National Economic Security Service. NESS is a non-partisan independent free enterprise estate trust of the American people, the free sovereign beneficiaries of a capitalist free market enterprise system.
What’s in a 5 syllable slogan that triggers instant economic stimulus or security income payments and derivative income payments from the Global Derivatives Market?
The Global Derivatives Market is a dollar-based financial trading market for central bank financial contract obligations. Derivatives are contracts derived from economic activity and leading economic indicators.
“POPLUV THE PAYGO” …is first a reminder of what time it is with the general circulation money supply… Create consumer demand for Federal Reserve Bank Notes to generate economic stimulus payments to American taxpayers and households, at least through the duration of the U.S. economic recession.
Once the economy shows signs of real GDP growth and job creation, consumer demand can be adjusted to generate economic security payments.
After all the outrage over how change is unfolding in America, the natural order of the universal law called CHANGE rules and takes advantage of “a teachable moment” of how to get things done in Washington, D.C.
The Democratic party as the super majority must enable the American taxpayers with the opportunity to profit from contributing there net earned income up to 100% in exchange for an economic stimulus payment equal to twice the amount of the net earned income contribution towards the national budget of the U.S. up to a maximum contribution of $5 trillion dollars in Federal Reserve Bank Notes.
This civil liberty already exists says the spokesperson from the National Economic Security Service (NESS). Two (2) free enterprise economic development models have been designed by BlackSunWheels Economic Engineering.
Both institutional economic enterprise models, the American Currency Board and the United States Currency Board are accessible by the American taxpayers and households to provide for the general welfare of the United States.
American business enterprises based in the United States can sponsor the United States Currency Board. The American Currency Board is exclusively for individual American taxpayers and households.
There are 50 billion financial unit shares of economic resources (fuser) immediately available to 138 million American taxpayers. 114.8 million American households in the U.S. are eligible for both – Economic Stimulus Payments and Derivative Income Payments from the Global Derivatives Market, a dollar-based financial trading market utilized by the Federal Reserve Bank to monetize credit lending transactions.
The Federal Reserve Bank Note is designed for the general circulation money supply – paper money for the demand deposits of M1. Liquid cash money instruments. ‘POP’ Public Obligation Paper; financial credit lending debt exchange units.
United States Dollar Funds includes coin and paper instruments. The currency board utilizes public laws enacted by Congress to effect risk-free, tax exempt, financial equity trading fund with fixed exchange rates that transforms the American taxpayers and households into a self-financing social order of economic production.
The U.S. economy will be changed into a self-financing "pay-as-you-go" consumption economy says, the spokesperson for BEE.
Every unit transaction in equity trading fund creates financial unit shares of economic resources – fuser, which is also called ‘LUV’ … Lawful Unit Value of U.S. Dollar Currency equal to United States Treasury Notes, readily available from TreasuryDirect.gov.
United States Treasury Notes are equal to the dollar face amount of minted silver and gold bullion coin; one ounce weight and content guaranteed and backed by the United States of America.
American Eagle Bullion Coin; one ounce silver and gold pieces – 1 Dollar face amount for Silver coin piece - .999 fine pure silver; 50 Dollar face amount for Gold coin piece - .999 fine pure gold.
The American Eagle Bullion Coin program is public law enacted by the United States Congress to pay revenues and profits through the U.S. Treasury Department towards the national budget and government debt obligations.
The American Eagle Bullion Coin program makes the currency board a government fiscal tool that shapes free market demand for Federal Reserve Bank Notes used in the production of United States Dollar Currency equal to United States Treasury Notes and based on the value of silver and gold bullion coin, says the spokesperson for BEE.
As for “T-H-E-PAYGO”? Simply risk-free and tax exempt income opportunity for the working class. The principles that effects a national unity founded upon TRUST – HOPE – ECONOMY; transparent “pay-as-you-go” balanced budget fiscal policy.
“POPLUV THE PAYGO” is how we pay for the General Election Mandate of American voters that want CHANGE. Financial stability and economic prosperity. This is the change the American people deserve.
So, my fellow Americans, after all the fussing, cussing, shouting, pouting, ranting and raving, ask the question - Who Wants To Be A Trillionaire? Smoke it over in your mind - contact esp_ness@hotmail.com to get more information about how we gonna really grind with the American Currency Board and the United States Currency Board.
social networking enterprises... engage.
