How Much Food To Give A 7 Month Old Dog Imagine a Private Sector, Free Market Economy That Guarantees Enough Predictable Income,,,

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Imagine a Private Sector, Free Market Economy That Guarantees Enough Predictable Income,,,

Imagine, if you can, a private-sector oriented free market economy that is designed to systematically ensure that every American citizen, regardless of race, ethnicity, gender, or sexual orientation, has ENOUGH PREDICTABLE INCOME to pay decent food, housing, clothes. , education, basic transport and yes, healthcare. In other words, imagine, if you can, a free market economic system designed specifically to produce…

• Homeless

• No people living in slums or ghettos infested with cockroaches and rats

• No single mother should have to choose between raising her children and feeding them

• There are no wage slaves working on corporate plantations for exploitative corporate dictators

• No old people eating dog food to pay for their medicine

• No anxiety and stress systematically induced by financial instability

• No militarized police trying to control angry mobs

• No cyclical recessions or depressions, bankruptcies or foreclosures

• There is no need to escape from inhumane living conditions through alcohol, drugs and mental illness

• No debt created, whether consumer debt or public debt

• People who are actually free to develop their individual potential, whoever they are

• And in the long run, there is no need for social safety nets (ie Social Security, Medicare, and Medicaid) because everyone has ENOUGH PREDICTABLE INCOME to pay their bills!

Although this list seems almost impossible, consider these facts. On average, the US economy grows at a rate of 4 trillion dollars per year. That translates to about $12,000 for every man, woman, and child in the United States. But generally speaking, the beneficiaries of this annual growth are currently limited to those people who can afford to buy the stocks, bonds, real estate and technological developments that account for this growth.

90% have no chance

More specifically we are talking about the less than 10% of Americans who have the means to take advantage of this relatively predictable growth, and the 90% who do not have the opportunity to participate. So we now have a 21st century wealth gap that is wider and more toxic than at any time since the stock market crash of 1929 and the Great Depression that followed.

To make matters worse, this was the case long before the current pandemic-oriented economic crisis reared its ugly head. In response to millions of workers losing income and health care due to the virus, the federal government has increased unemployment benefits for several months and issued so-called “stimulus checks ($1,200)” to millions of people in an effort to artificially launch. demand and prevent the ship of state from sinking into oblivion.

Unpleasant but necessary steps

By taking these unpleasant but necessary steps, the government has significantly increased the already massive debt load, which means it is a short-term solution, not a long-term one. The hope, of course, is to artificially revive demand, which in turn should recreate jobs and get people back to work and get us all back to where we were before the virus hit.

The problem is that even before the virus hit, we the people weren’t in a very good place. Even before the virus hit, more than half of all Americans were living paycheck to paycheck, unable to afford a $500 hit down the road without having to borrow money to pay for it. Things are much worse than a few months ago before the virus. But the place we were is still not the place we long to return to. So what can we do?

The $4 trillion idea that creates no debt!

In this sense, we remember that, on average, the American economy grows at a rate of 4 trillion dollars per year. Again, this translates to about $12,000 per year for every man, woman, and child in the United States. But the beneficiaries of this annual growth are those who can afford to buy stocks, bonds, real estate and new technology. This generally excludes us people.

The question I want to raise here is: How can we ensure that the average American citizen has systematic access to property in the economy, where most wealth is generated? How can the average Joe access this $4 trillion in predictable growth to generate a second stream of investment income, while eliminating the fear and instability that so many Americans suffer in today’s incredibly unbalanced economy?

Paying “We the People” to join…

Consider this. What if the Federal Reserve, through local banks, issued $12,000 INSURED CAPITAL LOAN to every American citizen annually, along with a stipulation that these funds could only be used to purchase shares of new capital assets and transferred that were expected to generate sufficient future profits to pay for the purchase of these assets and create predictable, stabilizing and residual income for their owners?

This strategy, known as Capital Homesteading, would cost American taxpayers NOTHING. It does not create public debt! And no consumer debt! And, instead of currency backed by public debt, the purchase would be backed (backed) by real, productive, private sector assets.

And it won’t be inflationary. All money created would be instantly backed (backed) by the full value of private sector assets that citizens would receive secured loans to purchase. In reality, citizens would be buying newly issued, fully dividend paying, voting shares of companies that need new capital assets to grow.

What this would do, however, is give all American citizens equal access to property in the American economy, where most of our nations wealth is generated. In the long run it will help democratize the free market.

In this time of political division and strife, Capital Homesteading pays literally all Americans to come together, at the same time, in the same direction, toward the same goals! It translates just political talk (as in…we’re all in this together) into real, results-based action!

It systematically counters concentrated wealth!

Over time, every American citizen will accumulate more capital, more residual income, and benefit from their investment income in a way that only the wealthy can do today. As a result, the need for federally supported social safety net programs (ie Social Security, Medicare, Medicaid, food stamps) will gradually fade into the sunset. More people will be able to pay taxes, which in turn lessens the burden on those who still pay taxes. It systematically counters and prevents concentrated wealth as it gradually democratizes America’s free market economy!

Today’s crisis would not be a crisis

If Barack Obama, George W. Bush, or Bill Clinton had implemented Capital Homesteading during their respective administrations, today’s COVOD 19/Unemployment crisis would not be a crisis. We the people could afford to stay home and still have enough income to weather a much less severe storm. Trump has had the same opportunity for 3 years now, but has shown no interest in making America great again. Joe B? how about you

Capital Homesteading in detail

I confess that this comment has been a generalized portrait that needed more details. So, for a full and detailed explanation of how this strategy could be implemented, go to CESJ.ORG and check out the concept that Dr. Norman Kurland calls the CAPITAL HOMESTEADING ACT. It’s an ingenious idea that’s long overdue. And it’s a very good thing that could come to fruition as a result of this horrible COVID-19 crisis.

Addendum…

Comparison UBI vs. Capital Homesteading

The stimulus checks are effectively a short-term form of universal basic income (UBI), an idea that has been championed by, among others, former presidential hopeful and serial entrepreneur Andrew Yang, as well as Facebook’s Mark Zuckerberg and Tesla’s Elon Musk. While the suggested annual amount of money issued ($12,000 per year) is the same as Capital Homesteading, that’s where the similarity ends. Check out the differences.

1. Since it issues secured equity credit loans that are repaid through future pre-tax earnings and can only be used to purchase wealth-producing capital assets, Capital Homesteading does not create GOVERNMENT DEBT or CONSUMER DEBT! UBI and stimulus checks create a public debt that will eventually be paid by us the people (not the 1% who are spectacular tax avoiders) in the form of higher taxes.

2. Capital Homesteading systematically creates opportunities for universal ownership of capital and access to the means to acquire wealth-producing capital assets. UBI no.

3. Capital Homesteading systematically finances predictable and sustainable economic growth. UBI no.

4. Capital Homesteading systematically enables individual citizens to gain economic power and liberation through capital ownership. UBI no.

5. Capital Homesteading systematically allows citizens to become economically independent from the government. UBI no.

6. Capital Homesteading systematically generates massive purchasing power by expanding citizens’ ownership of income-producing capital. UBI no.

7. Capital Homesteading systematically creates new owners of advanced technologies and green growth assets that UBI lacks.

8. Capital Homesteading systematically creates a growing tax base to pay for government costs, thereby eliminating deficit spending and ultimately paying off the current massive public debt. UBI no.

9. UBI/stimulus controls are simple and immediate. This is its strength.

10. Capital Homesteading takes time (usually a number of years) for the benefits to accumulate. This is why UBI should start immediately and be phased out over time in favor of Capital Homesteading.

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