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“QE 4 Disaster Relief $1 Trillion” State Bonds $1 trillion at .25% /36 years..

January 2, 2013

Why not $1 trillion of NON-Deficit spending. A QE purchase of assets.

“QE4 Disaster Relief- QE4 the people”

Gov Christie, Gov Cuomo, Mayor Bloomberg, Mayor Booker,
and all Governors and Mayors of all States that need Disaster Relief now.
Join forces. Have your four most vocal representatives contact the President, the Sec. of the US Treasury, and Chairman of the Federal Reserve Use the power of social and mass media to help your people NOW.
Have the American financial system rush to the rescue with a generous and flexible legal funding that no other country could match.
Not a bailout.
Not a cost to all the taxpayers.
Not an increase in deficit spending.
Rather a magic economic proven silver bullet, (Bernanke should get Noble for this).
QE! A simple change in direction of doing something for the common bettering of all the people. Especially those in need now.
The present 10 states that are in need are to partake in Quantitative Easing (QE) the economic silver bullet.
“QE- Emergency Relief Bonds of 2013″. State Bonds in the amount of
$1,000,000,000,000 (Trillion) paying .25% interest for 36 years!
Total amount to be issued to be $1 trillion, with a rate of 0.25% for 36 years.
1. The Federal Reserve is to STOP purchasing under QE3 (sometimes called QE Infinity) and PURCHASE this entire issue. It would be a purchase “for the people, for the common bettering of all citizens, rather than for the “private for profit banks” and it would gain revenue, yes increase revenue of $800 billion for the US Treas. instead of private for profit banks (PFPB).
We must rebuild and replace so that it is not in vain. Rather that it be protective. An investment for the future. As one victim stated,”Under todays conditions, it just may be crazy to rebuild a third time for surely there may be a fourth.”
The Fed has already proven that it can do this at a profit to the US Treasury (“we the people”) and with no increase in the debt (it is an asset purchase). The individual states shall divide these funds among themselves depending upon their individual needs.
The states will be able to not only rebuild but also do it smart, so that it will be a protection against a similar future event.
Rebuild homes and factories, giving the people mortgages that are assumable with a rate of 2.5% for a term of 36 years-$500 billion to be made available. That is one-half of the issue. The money would make it possible to not just replace but really to rebuild to a new code and it would be affordable with guaranteed financing.
Since $500 billion becomes an asset worth $1.8 trillion over the next 36 years, it pays back the entire loan. The other $500 billion needs no payments except for where the state would seek them. That other $500 billion may be used to improve the land for the future, roads and transportation, safety against an even greater storm, yes, without an increase in taxation. The loans resulting from the first half ($500 billion) pay back $1.8 trillion, the total loan amount with interest.
Interest on our own money has replaced the need for increase income taxes.
This is possible because “We will be taking the profits from the PFPB and giving those profits back to the “people”.
Why would you not want prosperity and happiness for yourselves and your children?

May God continue to bless America.
Carmen Basilovecchio a/k/a “justaluckyfool”

web site

***** “Believe nothing merely because you have been told it…But whatsoever, after due examination and analysis,you find to be kind, conducive to the good, the benefit,the welfare of all beings – that doctrine believe and cling to,and take it as your guide.”- Buddha[Gautama Siddharta] (563 – 483 BC),

“Yes, You Can Lower Taxes, Pay Off The Debt, And At The Same Time Increase Revenue.”(Justaluckyfool)

And yes, both have stated that, why not then as Einstein said, “Make it simple”?
Reduce federal income taxes to zero while at the same time raise TWICE as much revenue using a fair system of taxation that is ; collecting interest on our own money instead of income taxes!

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