Wednesday, January 27, 2010

How the Bank bailout should have gone: 2 birds with one stone

If the banks got a bailout when they were on the brink then the American People should have gotten one as well (from the banks.) The Government should have had the banks give them lists of all the people who owe them credit card debt, along with the amounts due, and wrote out checks to them all.

The Federal Checks should have been made out to the banks in the name of the debtor- that way Wall Street would have gotten their 'much needed bailout' and the American People would have gotten one as well. The fact that this did not occur is the reason why the economy has not picked up.

So to all you brain boys in George- know this: You can pump all the money you want into the greedy hyper-capitalists on Wall Street but so long as us average Americans are still in debt, broke and unemployed- this economy is going no-where. Because being broke, in debt, and unemployed do not inspire people to invest money and or start making purchases (which is how economies speed up and grow.)

Tuesday, January 26, 2010

Reverse Engineer The Jobs: How to fix unemployment in America

Okay let's say that we have 306 million people living in the United States. Let's also assume that the unemployment rate is 10% and we want to reduce it by half. This being the case, we will need to create 15.3 million jobs which would be awarded according to how long a person has been on unemployment (with those on unemployment the longest being put at the head of the line.)

The Federal Government, in cooperation with local unemployment offices, will contact the businesses that laid off each of the awardees chosen for this program. The Government will request that the employer rehire these awardee(s)- with the understanding that the Federal Government will be footing the bill (the cost of their wages.) Each awardee will be paid 50k per year for 3 years- the total cost being $765 billion.
***NOTE***(If the awardees former employer went belly up or moved, the Government will simply allow the awardee to apply with any business locally- with the same agreement previously mentioned.)

During that time (3 years), the employers will enjoy a period of decreased cost of labor and increased revenues. The formerly unemployed awardee will enjoy a period of job security- in addition to the wages they are receiving. These two factors, working together, will inspire Americans to start spending again (which is one of the main ways we as a country will dig ourselves out of the slump we are in) and increase the general level of economic activity throughout the nation, as well.

Final Thought:
It would be a colossal blunder in my opinion to do anything other than this, especially something involving giving money directly to employers (hell the Wall Street bailout has shown us all that no good can come of that.)

So their you have it..the 'Populace' (sic) solution to unemployment. A solution, I might add, borne of a true desire to see Americans helped (instead of some lame-ass attempt to fix the unemployment problem done only as a stunt so one could claim they are doing something about it but in reality end up creating not one damn job.)

Thursday, January 7, 2010

National Savings Accounts: A Bailout for the American People

PROBLEM: MAINSTREET HAS YET TO SEE ANY BENEFIT FROM THE CORPORATE BAILOUT OF WALLSTREET AND, AS A RESULT, THE ECONOMY REMAINS LETHARGIC.

SOLUTION:Enter the Forced Individual Income Savings Tax Accounts (FIIST’S):Give each Middle-Class Household $30,000 ($10K+$10K+$10K.)

METHOD: A CREDIT CARD THAT ACTS LIKE A HYBRID BETWEEN A CREDIT-LINE FROM A BANK AND A SECURE CREDIT CARD, BUT WITH ONE MAJOR ADDITION, ITS’ FUNDS ARE REPLENISHED THREE WAYS: THROUGH A TAX ON AN INDIVIDUAL TAXPAYERS (WEEKLY/BI-WEEKLY OR MONTHLY) WAGES, THROUGH REPAYMENT ON WITHDRAWLS MADE BY TAXPAYERS, WITH AN ADDITIONAL 5 PERCENT ADDED IN WITH THE RE-PAYMENT, TAKEN FROM WAGES AUTOMATICALLY OVER A YEARS TIME TO HELP ENSURE REPAYMENT.

THE FIRST $10K
$10k dedicated to a special interest bearing savings account, one that taxpayers can use like a credit-line, but they have a limit (say 10%) on the amount they can borrow from it at one time and or on any one thing, before a repayment must-Have a ‘Forced Individual Income Savings Tax’ income tax that supplies and replenishes an individuals account, as taxpayers earn income while working. The ‘Forced Individual Income Savings Tax’(FIIST) is extracted each pay period through the year, to avoid an additional lump-sum tax at the end of the year. Additionally, ‘FIIST’ funds can be used for necessities like food, Mortgage/Rent payments or for the purchase of a ‘real asset’ (and never for liabilities) which is anything legal that will produce income for the taxpayer (e.g. a patent right, higher education costs [i.e. books and tuition], the materials needed for the start-up of a legitimate business enterprise [a business plan must be presented during audits] equity producing home improvements [receipts for all work done must be presented during audits] *note: The purchase of a home, in and of itself, does not constitute an asset for these purposes, unless it is being used as rental property, in which case , a taxpayer could use a portion of their ‘FIIST’ account toward the purchase of property. To help prevent catastrophic loss of the entire ‘FIIST’ account balance, certain controls were put into place. One of them is, the ’EGGBASKET’ measure, which prevents all the ‘FIIST’ funds from being spent in one place or at one time. The ‘FIIST’ accounts are overseen by an automated computer system, designed after already existing banking technology that detects any discrepancies or violations of ‘FIIST’ account regulations. Once alerted by the system ‘FIIST’ Auditors make contact with the taxpayer whose account has been called into question and adjudicate the claim made by the system.

THE SECOND $10K: ECONOMIC GROWTH AND JOB CREATION
These funds are dedicated to creating a business that hires at least two employees, one of whom was not the businesses creator or they can be used to pay for educational costs (e.g. student loans and or tuition.)

THE THIRD $10K: TRICKLE-UP ECONOMICS
These funds are left completely to the taxpayers’ discretion. They are funds taxpayers can invest, save and or spend however they like. These funds should not be controlled in anyway.

BENEFITS:
Banks will have money to invest and lend while hold the Federally Insured ‘FIIST’ funds. The Middle Class will have a much needed backup, for lean times. These funds will also spur on new growth of the economy, through renewed investment, innovation and a rekindling of the entrepreneurial spirit, which are what made our country great.

Wednesday, December 9, 2009

Sample' Letters of Absolution & No-Confidence' with Final Statement of No-Confidence

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(Sample) Letter of Absolution: Final Redress





List of grievances:





Resolution Desired:





Measures to be taken:











//List of Signatories//: Governors and State Legislators and Citizenry





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(Sample) letter of No-Confidence: Final Redress





Reiteration of List of Grievances:





Reiteration of The Federal Government Position (Response):



Final Statement of No-Confidence:
We, therefore, the representatives of the United States of America, in General Congress, assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the name, and by authority of the good people of these States, solemnly publish and declare, That these United States are, and of right ought to be jointly ruled by the mutual beneficial interactions between the individual States (collectively) working synergistically together in order to create a strong central government which adheres, unceasingly, to our law- The Constitution of the United States of America; that they are absolved from all allegiance to the Recalcitrant and Imperious Bureaucratic-Aristocracy of the Ruling Elites in Washington D.C., and that all political connection between them and the Recalcitrant and Imperious Bureaucratic-Aristocracy of the Ruling Elites in Washington D.C. is and ought to be totally dissolved; and that as joint rulers of this synergistically formed strong and highly responsive central government which has full power to levy war, conclude peace, contract alliances, establish commerce, and to carry out all other functions which the nations of the World perform. And for support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor confirmed by our oath, which goes: “I do solemnly swear that I will faithfully execute the office of Citizen of the United States, and that I will not fail to preserve, protect and defend the Constitution of the United States of America- with my life acting as collateral and bond”.

//List of Signatories//: Governors, State Legislators & Citizenry


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Passage of the 28th Amendment Pt. 5

Electoral Controls of Congress
Upon reaching the age of 30, citizens shall be subject to a national legislative-draft and shall serve in Congress for one year as a lawmaker. Two-thirds of Congressional seats shall have no term limits associated with them, while one-third of Congressional seats shall have a fixed term limit (of 1 year) which shall be filled by the national legislative-draft. One-third of the Congress should be draftees and the other two-thirds will be elected to serve according to the term limits.
This process will provide fresh blood in the Congress so there would not be only career politicians who forget the needs of the American people. (Draftees would know that they are only there for one year, so they are more likely to concern themselves with the needs of their constituents rather than the distracting worries associated with re-election.)
The Gears of War: The Protocols and Procedures for Peace
‘Tyranny’ shall be defined as: “a breakdown in government caused by the persistent and uncorrected violation of one or more of the 33 enumerated rights in the Bill of Rights; the 28th Amendment; or any of the rights reserved by the States and or the People of United States of America (respectively)”. It can also be defined as a situation where one or more of the 33 enumerated rights is violated and it becomes necessary, due to the deliberate acquiescence or inaction of all 3 of the traditional branches of the Government, to correct it, this is known and defined as ‘Tyranny’.
When this (‘Tyranny’) occurs, the Popular Branch shall consult The Protocols and Procedures for Peace. They (The Protocols) outline the process for the restoration of law and order, whenever there is a breakdown in government (an uncorrected violation of the Bill of Rights, the 28th Amendment or any of the rights reserved by the States and or the People of United States of America); It outlines the procedures to be followed when the Popular Branch encounters recalcitrant bureaucratic Institutions and obdurate civil servants who refuse to correct, block and or impede correction of a given violation.
The procedures are as follows:
1. Popular Initiative
First, citizens believing tyranny (persistent violation or violations of the Bill of Rights and/or the 28th Amendment) is present will put forth an initiative (with procedures not unlike those of WA State) to have a letter of Absolution drafted and sent to the other State Governments.
2. Secretary of State
After having achieved the required number of signatures needed, citizens will contact their State Secretary who will then in turn put the initiative to an immediate ballot (by mail.) The State Secretary will also ensure public knowledge of the initiative and notify the State Legislature as well as the Press.
3. Legislature
Should the initiative pass, the State Legislature will draft a Letter of Absolution. Next, they shall issue a directive that instructs the Governor to contact the governors of each of the other 49 states. The legislature will also publicize this action in the Press (both locally and nationally.)
4. Governor
The Governor will contact the governors of each of the other 49 states, asking whether or not similar initiatives have been passed in their states. The Governors will also publicize this action in the Press (both locally and nationally)
5. Thirty-Seven Other States
If 37 (or more) other states have passed similar initiatives (establishing Quorum), then each of the 38 states will draft the first set of 38 Letters of Absolution, one from each state respectively, to be sent to the Federal Government. The Governors will also publicize this action in the Press (both locally and nationally)
6. Each of the 38 states will issue the first set of 38 Letters of Absolution, one from each state respectively, and send them to the Federal Government (the 3 traditional branches of government.) The Governors will also publicize this action in the Press (both locally and nationally)
7. If Federal Government rebuffs or balks 1st set of 38 Letters of Absolution, each of the 38 State Legislatures shall recall their respective Senators & Congresspersons, (cutting off their pay until they appear before their legislatures, in the case of Senators, and before town hall meetings, in the case of Representatives, in their respective districts. These subpoenas will be fulfilled by the Congresspersons on the same day.)
8. Each of the 38 states will issue the 2nd set of 38 Letters of Absolution, one from each state respectively, and send them to the Federal Government (the 3 traditional branches of government.) The Governors will also publicize this action in the Press (both locally and nationally.)
9. Thirty-Eight Governors call up their respective State National Guards & Militias. The Governors will also publicizing this action in the Press (both locally and nationally.)
10. Each of the 38 states will issue the 3rd set of 38 Letters of Absolution, one from each state respectively, and send them to the Federal Government (the 3 traditional branches of government.) The Governors will also publicize this action in the Press (both locally and nationally.)
11. Each of the 38 states will issue 38 Letters of No Confidence, one from each state respectively, and send them to the Federal Government (the 3 traditional branches of government.) The Governors will also publicize this action in the Press (both locally and nationally.)
12. State Legislatures elect all new Congressional members and send them to Congress. The State Legislatures will also publicize this in the Press (both locally and nationally.)
13. Any actions required beyond those procedures outlined within the contents of this document would most likely result in open warfare (revolution), in order to restore adherence to the Constitution of the United States of America. This being the case, Patriots, prepare yourselves and your Arms- and make ready to “let slip the dogs of war” (W. Shakespeare).

Passage of the 28th Amendment Pt. 4

The Fiscal Controls of Congress
The American people shall have, at their disposal, controls over the elected representatives of this nation. For example, controls over the Congress’ pay. They shall not be allowed to vote themselves raises any longer. Their pay shall be pegged (indexed) to the average income of the American People. Congress’ pay shall rise and fall in tandem with the American people’s median income, in order to ensure their ability to empathize with those whom they serve. And to reiterate, they (Congress) shall be forbidden to give themselves a raise.
In order to get a raise, the Congress shall have to put forth an initiative to the American people that will state what pay increase they believe they should get, and why they believe they should get it. It should be presented to all 50 states and if two-thirds of the citizenry of each of the states agree, then they get their raise. If an initiative for a raise fails, Congress must wait one year before making another request.) The Popular Branch shall be responsible to verify all purported increases in the median income by monitoring indexes, in order to prevent illegal pay raises by the Congress. Congress shall be responsible to verify all decreases in the median income of Americans, in order to avoid inaccurate pay cuts ordered by (popular) law.
The next strategy I propose is that each state, through their legislatures (for senators) and an initiative by 2/3rds of their residents (for congress-persons), shall be able to freeze or suspend Congress’s pay at will. And, in order for this control to be effective, while members of Congress are in office, they are not allowed to have income other than the official salary they earn through their service in Congress. Even if members of Congress have personally owned holdings (sources of income), they shall be left with a private asset manager (at their own expense) until they resign, are voted out of or quit their office.
If members of Congress do not follow these rules, the consequences shall be imprisonment of no less than 9 years in a Federal Penitentiary. Concomitant with this, members convicted of this crime shall be fined 4 times the amount of the illegal income they are convicted of receiving.
In addition to voting and the enumerated fiscal controls, citizens shall have an alternate means of expressing their disproval of a particular member of Congress (one not requiring they wait for the next voting cycle): The referendum. Citizens can initiate a referendum that, if approved, goes into effect immediately, by following the aforementioned rules (modeled after Washington States’ for initiatives and referendums) to freeze a Congresspersons’ pay. These measures shall be used to ensure more responsive representation of the American people.

Passage of the 28th Amendment Pt. 3

These principles, not newly created, have undergirded our democracy, since the nations’ founding. But (being that they were not actual law) the procedural implementation of these principles had yet to be both realized and canonized into law, until now.
The Popular Branch, being responsible to ensure the rights of citizens, shall also have as its duty to oversight of the Federal Government. Specifically, there shall be 33 enumerated rights of the American People that they monitor for violations of constantly. And if any of these rights are violated, they (the Popular Branch) take the necessary actions, outlined in The Protocols and Procedures for Peace, to correct that violation. The enumerated rights are as follows:
1. No Government support of any Religion
2. No Government prohibition of any Religion
3. No Government restriction on the Freedom of the Speech
4. No Government restriction on the Freedom of the Press
5. No Government restriction on the Freedom of Assembly
6. No Government restriction on the Freedom of Petition the Government
7. We have the Right to maintain well-regulated Militia
8. We have the Right to Bear Arms
9. No Forced Quartering of Soldiers in peace or war
10. Right to be Secure in Your Person (to not be kidnapped)
11. Right to be Secure in Your House (Government can’t violate your house)
12. Right to be Secure in Your Papers (writings; intellectual property)
13. Right to be Secure in Your Effects (physical property)
14. Government can’t perform Unreasonable Searches of your effects
15. Government can’t perform Unreasonable Seizures of your effects
16. Government must have Probable Cause to issue Warrant against you
17. Warrants must be Specific (place to be searched; person/thing seized)
18. A Grand Jury must first indict you before you can be tried in Capital case
19. Double Jeopardy is not allowed
20. Self-Incrimination is illegal
21. Must receive Due Process prior to losing your life, liberty & or property
22. You must be compensated for Government confiscation of your private property
23. You have the Right to a Speedy Trial
24. You have the Right to Know the Charges Against You
25. You have the Right to Confront the Witnesses Against You
26. You have the Right to find Witnesses in Your Favor
27. You have the Right to an attorney
28. You have the Right to a Jury Trial (for suits over $20, in civil suits)
29. Protection from Excessive Bail
30. Protection from Excessive Fines Imposed
31. Protection from Unusual Punishments Inflicted
32. The accumulated law in the Constitution should not be interpreted as a belittling or denial of the Rights retained
33. People Retain Their Rights not abridged by the States and the Constitution
(The consequences and or penalties for violating these most fundamental of laws are enumerated within The Protocols and Procedures for Peace.)