Skip to content

WHY WOULD YOU NOT WANT PROSPERITY FOR YOURSELF AND YOUR CHILDREN ?

August 24, 2015

Why would you not want $6.6trillion a year to spend..”for the betterment of mankind”?

When a bank charges interest, it may be usury.
When the government  charges interest it is taxation. “Render unto Caesar,what is Caesars”
When  a Caesar has a mandate .. “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,…”
What better way is there than:
DO FOR OURSELVES WHAT WE HAD ALLOWED THE CENTRAL BANK TO DO FOR THE Private For Profit Banks (PFPB) !
LOAN OUR own MONEY and CHARGE (interest) A TAX ON IT.
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.
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.
Comments by Justaluckyfool ( http://bit.ly/MlQWNs )
( “You are always welcome to share, copy, plagiarize, improve, etc..any comments.)
Read and challenge:
Frederick Soddy writings, namely “The Role Of Money”
(Entire book as a free download…)  http://archive.org/details/roleofmoney032861mbp
When will the people of Italy ( Read, Greece, Spain, any Sovereignty ) realize  they have a Central Bank that does not work for their people, in fact it works to make profits for the top 1% of the people in the world.
Italy (Read…Greece, Spain, any Sovereignty), you can take back your right to prosperity. Create the Central Bank Of Italy, (Greece, Spain, any Sovereignty) and your Central Bank with an account showing 2 trillion “NEW LIRA”, that being todays wealth of the Italian peoples goods and services as of this date.  All monetary transactions shall be recorded in “NEW LIRA”. All balances shall be equal in number and converted to “NEW LIRA”. All receipts in an equal denomination of “NEW LIRA” for each Euro. The balance of all debt will be fixed on this date , set with a specific redemption plan.(E.g., 72 or 96 equal monthly payments) The debt will no longer accrue interest.
Who would not accept this nation as not having a wealth of all that is Italian as not being at least 2 trillion,”NEW LIRA”?  As for those who would be that stupid, not to accept that capitalization, please allow them to accept default. It is not the cost of government but the cost of money itself that has bankrupted the nations.If any country wishes to free itself from the shackles of debt and restore the prosperity it once had, it will need to take back its monetary sovereignty and issue its own money, either directly or through its own nationalized central bank.(This is the solution for any sovereignty).
For any nation to be a Monetary Sovereignty….
.. it must be the sole creator of its sovereign currency.
…it must have the ways and means to control its sovereign currency for quality and quantity.
…it must under modern money systems be fiat since its money is transferable “thru thin air”.
…it must understand that it is the guardian of the value of the currency , if it wishes to be capitalistic; otherwise that nation will be totalitarian. As a guardian (recording and exchanging) it does not own the value of the currency it creates.
…it must use that currency knowing that it must also return it back to the community (the rightful owners).
…all transactions using sovereign currency must be “REAL”, meaning backed by 100% of issued sovereign currency.In order to prevent “systemic failure” it must make available the currency as loans at a fixed rate and duration in amounts deemed necessary to allow the private banking system to be solvent.
Based upon an opinion by “Justaluckyfool” of the concepts of Noble Laureate  Frederick Soddy, “The Role Of Money” (1926,1933)
*****The Switch Game;USA
*********************
*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) .
The government can not win against ‘compound interest’ on debt for that can be infinite in amount. IF ‘compound interest were eliminated then there would be no “systemic failure”. Or better yet; take that most powerful weapon, use it for the people .
Let’s try this game: Substitute the words “Central Bank Working For The People” (CBWFTP) where ever” Private For Profit Banks” (PFPB) appears.

****PFPB (read CBWFTP) 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 36 years. The PFPB (read CBWFTP) would have created that $100 trillion ‘out of thin air’  which would have an attachment that would require $400 trillion to be paid to the PFPB (read CBWFTP). YES, take away the smoke and mirrors, this is a fact-the Rule of 72. Now we must replace (reduce to zero ) the Horizontal Money by subtracting $100 trillion leaving a profit,income,taxation from ‘somewhere else’ of $300 trillion. This amount goes as profits to the PFPB.(read CBWFTP) Revenue they may use for their own selfish purposes. That’s not the bad news-what the bad news is :That $300 trillion is real money, real currency, sucked up by the PFPB, (CBWFTP).
NOW DARE YOU ;
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 $300 trillion
THAT MUST BE PLACED BACK INTO THE ECONOMY IN ORDER TO PREVENT DEFLATION !


READ HOW STUDENT LOANS CAN BE MADE AT 1% for 36 YEARS WITH A PAYMENT PLAN OF 8% OF SALARY ! HOW’S THAT FOR FAIR.

Elizabet Warren For President–“QE 4 Student Loans”

Elizabeth Warren’s QE for Students: Populist Demagoguery or Economic Breakthrough?

by Ellen Brown. “…  Warren and Tierney assert, “For one year, the Federal Reserve would make funds available to the Department of Education to make these loans to our students.” For the Fed, completely different banking rules apply. As “lender of last resort,” it can expand its balance sheet by buying all the assets it likes. The Fed bought over $1 trillion in “toxic” mortgage-backed securities in QE 1, and reportedly turned a profit on them.  It could just as easily buy $1 trillion in student debt and refinance it at 0.75%.

Read more… Comments by Justaluckyfool ( http://bit.ly/MlQWNs  )
( “You are always welcome to share, copy, plagiarize, improve, etc..any comments.)
‘ ***** “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’‘”)

READ HOW IT IS PROVEN THE FED CAN PURCHASE ASSETS.SO, WHY NOT $50 billion State Bonds TO REPAIR INFRASTRUCTURE @ 25 for 36 years.

This is as MMT-consistent as it gets. Minsky
Embedded image permalink

 

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

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”.
PROVE IT ISN’T CORRECT. CHALLENGE and IMPROVE.
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”
***** “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!
Advertisements

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: