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“Two Small Steps By Mankind; One Giant Leap For Better Equality, Justice and Prosperity For All.”

May 7, 2014

“In the 1920s the leading academic economists, Frank Knight of Chicago and Irving Fisher of Yale, along with others including underground economist and Nobel Laureate in Chemistry, Frederick Soddy, strongly advocated a policy of 100% reserves for commercial banks. Why did this suggestion for financial reform disappear from discussion?Nationalize Money, Not Banks by Herman Daly.

By Justaluckyfool,“Two Small Steps By Mankind; One Giant Leap
For Better Equality, Justice and Prosperity For All.”


“Capitalism is the “best” system to date devised by mankind. As it is administrated, perhaps, is where the “flaw” is manifested. If capitalism used its Central Bank properly,that is for the betterment of the common good, with equality and justice for all, capitalism would be the best ways and means to help “form a more perfect union….”, Pontifical Council.

“LEGISLATE FOR US WHAT WE HAD LEGISLATED THE CENTRAL BANK TO DO FOR THE Private For Profit Banks (PFPB) !
ISSUE OUR OWN MONEY AS LOANS AND CHARGE A TAX CALLED INTEREST ! ! ! ”


AMEND THE FEDERAL RESERVE CHARTER; TURN THE FED RESERVE INTO THE FEDERAL RESERVE BANK OF AMERICA (FRBA),RESTORE MONETARY POWER BACK TO THE PEOPLE ,OPERATE THE FRBA WITH ABSOLUTE TRANSPARENCY, (“GLINDA,the Good Witch, owns a Great Book of Records that allows her to track everything that goes on in the world from the instant it happens.”_The Road to Oz)
Form a more perfect “capitalistic monetary ” circle: $100 trillion issued as loans to come back as $200 trillion as payment while at the same time as it returns creates $100 trillion in new loans while spending $100 trillion as Congressional appropriations for the benefit of the people.
With payments of $415 per month on each $100,000 for 20 years, the Central Bank would receive an annual revenue income of $10 trillion per year.
$5 TRILLION to be turned over to the US Treasury as taxes raised while at the same time make new loans for $5 TRILLION so as to complete the the prosperity circle.
No inflation or deflation for there is zero change in the capital value of the sovereignty. There is zero change on the balance sheet of the Central Bank; a true zero net change. Whatever the amount ‘entrusted’ to the Central Bank remains that exact amount. Comments by Justaluckyfool ( http://bit.ly/MlQWNs )
( “You are always welcome to share, copy, plagiarize, improve, etc..any comments.)
****Would $5 trillion spent “bottom up” help close the “inequality gaps”?
****Federal Personal Income Tax ? just a way to redistribute part of a excessive gap of inequality.
What if …We had a Federal Reserve as a caretaker of the American sovereign currency with full transparency that worked for the people.
Have the Federal Reserve raise revenue for Congressional appropriations to help establish… “a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,…”, while at the same time reduce taxes?
The answer lies in not how the most powerful force in the universe is used ,rather how you redistribute what it creates !
“The most powerful force in the universe is compound interest” – Albert Einstein.
You had also asked for simplicity.
THE CURE by Justaluckyfool:
“DO FOR OURSELVES WHAT WE HAD ALLOWED THE CENTRAL BANK TO DO FOR THE BANKS (PFPB) !
LOAN OUR MONEY AND CHARGE A TAX (interest)ON IT.”
“Why is it so difficult to understand a simple truth: ‘ We the people’ have legislated the right to ‘print’ our money (via loans) and the right to tax that issuance (via interest) to the Private For Profit Banks (PFPB)?”
How is that working for you?


Comments by Justaluckyfool ( http://bit.ly/MlQWNs )
( “You are always welcome to share, copy, plagiarize, improve, etc..any comments.)

*WHAT IF THE …The Fed Reserve were to become the CENTRAL BANK WORKING FOR THE PEOPLE (CBWFTP) instead of working for the Private For Profit Banks (PFPB) .
Let’s try this game: Substitute the words “Central Bank Working For The People” (CBWFTP) where ever” Private For Profit Banks” (PFPB) appears.
****PFPB  have $100 trillion in assets as mortgages on residential and commercial real property (RE) loans. The average compound interest rate is 4% for a term of 30 years. The PFPB  would have created that $100 trillion ‘out of thin air’  which would have an attachment that would require $300 trillion to be paid to the PFPB in order for the loan to be paid in full. YES, take away the smoke and mirrors. Now we must replace (reduce to zero ) the initial loan amount by subtracting $100 trillion; leaving a profit,income,taxation from ‘somewhere else’ of $200 trillion. This amount goes as profits to the PFPB. Revenue they may use for their own selfish purposes.
READ IT AGAIN,
BUT THIS TIME REPLACE “PFPB” WITH “CBWFTP”.

Why would you not want prosperity for yourselves and your children?

Why would you not want $200 trillion turned over to Congress, to be used..”to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,…”

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