Washington DC. Denise "DeeNice" Rhodes (the Digital Dynamo) has been a champion for vulnerable Americans impacted by the DTV explosion.
Tonight (June 25th at 7:00 PM), local residents requested that DeeNice explain the challenges they are having since the switch over 12 days ago to the digital world. Location: The Van Ness Building Complex, 3001 Veazey Terrace NW, DC 20008
Working every day for the last year, her passion is to ensure underprivileged communities and the elderly will not be left in the dark when millions of analog TVs switched to digital on June 12, 2009.
She also wants to ensure that expectations and misinformation circulating about this monumental transition will not be allowed to negatively impact Americans, leaving them without access to the television viewing experience.
DeeNice's non-profit organization, The Urban Progressive Foundation, is responsible for providing DTV consumer education to over 10,000 residents and installing over 1400 digital converter boxes. She would like to share her grass-roots level perspective on experiences and best practices when working with seniors & underserved communities with your audience as soon as possible!
For more information call: 202-652-4700, or info@dtvoutreach.org. The Urban Progressive Foundation is a project of Congressional District Programs, a 501(c) 3 public charity. All donations are fully tax-deductible.
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Ms. Denise "DeeNice" Rhodes of Washington D.C. has been working every day for the last year to ensure underprivileged communities and the elderly in the mid- Atlantic area aren't left in the dark when analog TVs everywhere switch to digital June 12, 2009. But there is still much work to be done! In the Washington DC area alone, African Americans have the highest incidence of NOT redeeming their $40 coupons for the digital converter box. Based on December 2008 numbers only 25% of Washingtonians have redeemed their coupons.
She also wants to ensure that expectations and misinformation circulating about this monumental transition will not be allowed to negatively impact Americans, leaving them in the dark.
DeeNice's nonprofit organization, The Urban Progressive Foundation, is responsible for providing DTV consumer education to over 7000 residents, and installing over 1000 digital converter boxes by the end of this month. She would like to share her grass-roots level perspective on experiences and best practices when working with seniors & underserved communities with your audience as soon as possible! There are only seven days left before the transition.
If Ms. Rhodes can make an appearance on your show, please contact us at 202-652-4700 or info@dtvoutreach.org. She would be honored to do so and many communities would be served by this opportunity. If she is able to give a simple demonstration or share important and valuable information many Americans, who may otherwise have no idea how or where to get help, can be served by these efforts.
For more information call: 202-652-4700, or info@dtvoutreach.org
We are almost there.Yes after much press - the DTV transition from analog to digital is almost here. And none too soon.
Even thought there are still a few million folks not ready for the conversion, positive strides have taken place since the new Obama Administration has come into office.
First in 2009 the 4 million Americans on the waiting list "coupon hopefuls" were shipped first class mail their $40 coupons in about 3 weeks time. Fantastic!
Next those whose $40 coupons had expired were able to re-register for a new coupon. And the FCC has issued contracts for installation of the digital converter boxes, help center etc etc.
We are on our way to June 12 2009 - Digital Day!
In the midst of the transition a local non-profit group, The Urban Progressive Foundation (a project of CDP, 501(c) 3) has committed to assisting underserved Americans not be left in the dark.
When DeeNice Rhodes, executive director of TUPF received a call a few weeks ago from a local Ronald McDonald house. They expressed a need to be transitioned digitally for several residents’ rooms. Since this group home does not qualify to receive the $40 coupons subsidy to offset the cost of the boxes they contact Ms. Rhodes organization for help. DeeNice contacted the local Wal-Mart#2258 in Alexandria VA who were willing to donate several digital converter boxes and antennas for her cause to not allow residents to be left in the dark come June 12, 2009. This weekend the Urban Progressive Foundation will deliver and then install the boxes in each on the 16 living quarters.
Of the 35 million Americans that have one or more TVs with either rabbit ears or roof top antennas, a disproportionate number will be the underserved communities (i.e. elderly, minorities, disable, and rural). Based on DTV reports and the demographics of DC, it is clear that the largest impact the DTV transition will have are on the most vulnerable Americans.
The Urban Progressive Foundation (www.DTVoutreach.org) or www.thedigitaldynamo.com) is a grassroots organization passionate about assisting the underserved communities before their sets go dark.
Following are highlights from various reports regarding DTV’s impact on the nation.
The Urban Progressive Foundation
Currently, we are on a mission to assist the underserved communities (i.e. elderly, minorities, disable and rural) to become connected during the Transition to Digital Television national switchover. This organization has done workshops, educational trainings, and hands-on events, as well as helping to connect their digital converter boxes. Through "The Urban Progressive Foundation" these grassroots efforts are helping to train, educate and assist our communities to Transition to Digital Television before the June 12, 2009. The Urban Progressive Foundation is a project of Congressional District Programs, a 501(c) 3 public charity. All donations are fully tax-deductible.
I opposed the economic stimulus bill because the economic stimulus bill will do very little for the economy. The American people live in a consumption based economy. I support a tax cut of the capital gains tax. Middle-class and low-income tax breaks will boost the economy and cause the economy to get better. Smaller government creates jobs. Big government eliminates jobs and causes a slowdown in the economy. Raising taxes for working families is not patriotism. An economic stimulus bill is going to do very little for the economy because the American people live in a capitalism based economy. Spending close to a trillion dollars of government funding will not build a stronger economy. I opposed the economic stimulus bill because it is too high. I support some provisions in the economic stimulus bill that were important to the economy. Some provisions should have been taken out of the economic stimulus bill. Democrats should have included seventeen billion dollars of emergency funding for federal work-study programs in 2009. I am undecided on the four hundred and ten billion dollar federal budget for 2010. I need more information about the 2009 federal budget. I do not support universal healthcare, big government and socialism in 2010 federal budget. I support a thirty-two billion dollar balance budget for education appropriations in 2010. I support an eighty-five million dollar balance budget for health and human services in 2010. I oppose the income tax hike in Illinois. Students are facing hardship for unaffordable textbook costs. Textbooks costs are too high for students that have financial aid. It is possible that Chicago Transit Authority is going to provide another doomsday for mass transit riders. Chicago Transit Authority is currently witnessing a budget shortfall for mass transit. The Chicago Transit Authority plans to raise fares to three dollars and twenty-five cents.
need to register for free federal $40.00 DTV converter box couponshad a $40.00 coupon that expiredneed to redeem coupons have questions or need assistance with converter box installationwant an on-site demonstration or technical assistance
Hello Digitally Disenfranchised - This letter forwarded to me today, is worth reading - as it pertains to what has been occurring with the Transition to Digital Television switch process, and how it is impacting Americans nationally.
This is an excerpt from an email sent tome by Barry E. Goodstadt, Ph.D.
Lest you think that the partial DTV transition passed by uneventfully last week, think again. The press, by and large, took a rather tame view of the transition that occurred last week for some 400+ stations. The main headlines had to do with the fact that call volumes were relatively low and that the FCC call center easily handled the problem. While this may be true, there is a back story about reception problems that has not yet been told. It goes as follows:
1. Of course, the call volume was low, but the stations that undertook the early transition were typically independent stations with very small audiences. These are stations that few over-the-air consumers even watch. Thus, if they don't watch them, they don't know that they have reception problems when the vast bulk of network affiliates make the transition in June, reception problems will be even more apparent than they are now (and they are apparent now as will be described below---see also the FCC data that is attached.).
2. The call center data (see FCC Call Center Overview) reported by the FCC do not adequately cover the aftermath of the partial transition. There were over 100,000 calls between Feb. 13 and the early afternoon of Feb. 18 (see FCC News release). Thus, if the transition for the additional stations took place at 12:01 AM on Feb. 18, the call center data reported stopped well before viewers came home from work on Feb 18 and before prime time programming. The FCC has still not released any data after Feb. 18th in the afternoon.
3. Furthermore, the FCC only offers data from its own call center and thus does not purport to reflect calls to individual TV stations, cable companies or others.
4. Some bloggers and consumers question whether the transition should have been delayed--have no fear there are some significant reception issues out there that are not yet fully visible. The delay was indeed a good idea.
5. The press release from Chairman Copps suggests that the initial phase of DTV transition is encouraging, but also suggests that large challenges remain. With this heading, the press has been lulled into thinking that the event was more like a Y2K non-event rather than anything serious.
Why should these "encouraging signs" be questioned? If one examines the call center data carefully, one finds that at least one half of consumers had reception problems and these increased dramatically between 2/13 and 2/18. If one seeks to identify the presence of reception problems, the data have been disaggregated in the report across a couple of sections. Such disaggregation yields a faulty picture of the incidence of reception problems. Thus, Commissioner Copps only cites the figure of 32% reception problems in his release, but as shown below, the problem is much greater. For example, one could potentially include in reception problems--
1) Their converter box did not work, 2) Consumer who had reception or technical problems and 3) Consumers complaining about not receiving specific channels. Data from the FCC call center report are shown below. The converter box not working is included because the incidence of problems grew from 3.5% to 6.3% suggesting that problems got worse when the switchover occurred. In addition, such numbers are well above any known device failure rate.
What does this mean? 13-Feb 14-Feb 15-Feb 16-Feb 17-Feb 18-Feb 3.50% 4.70% 5% 4.10% 5.80% 6.30% Converter box did not work 15.20% 20.40% 17.50% 16.10% 26% 32.50% Consumers who had reception/technical problems 6.40% 6.80% 6.10% 7.10% 11.10% 16.80% Problem receiving specific channel 25.10% 31.90% 28.60% 27.30% 42.90% 55.60% Total
Reception continues to be something to worry about since the overall reception problem rate among callers is quite high. One can attribute this problem to the increased rate of station switchover on Feb. 17. That is, the rate of reception problems more than doubled between the days preceding the transition and the post-transition period.
A final note--the FCC has not yet released any call center data beyond Feb. 18 in the early afternoon. I don't know if they will.
Barry E. Goodstadt, Ph.D. Office: 410-884-9365www.receptiongap.comYour Thoughts?
On 2/24 at 9pm EST, watch the CNN.com live State of the Nation Address and join in the online forum here to discuss issues with fellow voters. All political affiliations are invited to join in the discussion.
RULES OF PLAY:1. Pretend your 8 year old grand daughter is reading everything you type2. Treat those who disagree with respect3. Click 'report' on troll comments and ignore them. If you reply all attached conversations will be deleted by the system along with the offending comment.
Click on "COMMENT" at the top of the post to say something.
Clickon "REPLY" next to the person's post to say something about something someone said.
Sound good? Enjoy, and thank you for participating in this creative volunteer project.
Start the conversation here on this page --
I love Republican Majority Leader Mitch McConnell because of our common thread: we both fell in love with someone from outside our culture.
Here in rural and racist Kentucky, the Klan is relevant to a small percentage and has the weight of sympathy and mild agreement to a larger percentage of our population. In some counties in Kentucky, there are less than 10 black people -- not 10% but 10 total -- in an entire county.
It is with a reassuring sigh that Mitch McConnell an elected official to not have the heart of the racist. When he fell in love with his wife, he was forced to ask his inner self the ultimate racist question: is it wrong to mix the races? He has also an arranged marriage with her culture, and to understand deeply the value of other cultures & religions as well.
So, although I disagree with Senator McConnell on many issues (including the Economic Recovery Bill), I hold him in high regard and respect, and kinda like him a little. Although I liked him more on election night when he almost lost to an unknown Democrat.
Finally after debate and back and forth the DTV Delay Bill was passed in the House today, Feb. 4, 2009. We can only take a small breath because now the real hard work begins in going door to door to assist those who would otherwise be left in the dark.
The Washington Times wrote an Article regarding the Digital Dynamo's Effort with the Underserved Americans in Need as they train, assist and install their boxes.
Digital Dynamo Educates Masses with the DTV Transition
Don't Be left in the Dark - Get Hooked Up!
DeeNice, the Digital Dynamo in the relentless pursuit in taming the DTV Transition Tiger
The US Senate today, Monday, January 26, 2009 unanimously voted that a postponement was in order regarding the poorly executed DTV switch originally scheduled for February 17, 2009.
The New Date for the analog to digital switch will be June 12, 2009 (a four month extension). Much as been stated regarding the push for a delay with 17 million Americans scrambling to be ready.
"Delaying the upcoming DTV switch is the right thing to do," said Senate Commerce Committee Chairman Jay Rockefeller, D-W.Va., author of the bill to push back the deadline. "I firmly believe that our nation is not yet ready to make this transition at this time."
Read Article:
Nielsen's report (December 19, 2008) stated that November - December 2008, the penetration of Completely Unready households for the DTV transition was 6.8% of households.
1. There are 114.5 million households in American that own television sets
2. 6.8% (7.8 million) of these households currently, are totally unprepared for the analog to digital switch3. 10% (11.4 million) of U.S. Households are Partially Unready (having cable and analog tv)
This means that a total of 19.2 million households have some fancy footwork to do before Feb. 17, 2009 in order not be left in the dark with their analog television sets.
Granted, there has been strong media outreach supported by the NAB, NTIA and FCC to alert and make people aware that the switch is coming. And they have done a remarkable job with 90% of Americans being made aware.
The problem is that making people aware and having them make a buying decision during the worst financial condition our country has seen since the "depression" is a different matter all together. Not to mention a technological application to boot.
I can just see grandma running down to her local retail store and hooking up a digital converter box. The following is what will be in store for her:
1. Locate her $40 government issued coupons and check to see that they have not expired.
2. Locate digital converter boxes in the store and ask if the model available has a pass-through feature so low band width channels can still be viewed on her TV.
3. Purchase a digital converter (DC) box. (There still may be time to register to receive the $40 off coupon from www.dtv2009.gov.)
4. Back at home, make sure she has an antenna that can be connected to the digital converter (DC) box. (If not, this could mean a return trip to the store for an adapter or a new antenna.)
5. Check for an available outlet plug near her TV set. If not, she will need a multi plug adapter, extension chord, or power strip.
6. Find the original remote control for her analog TV.
7. Connect the digital converter (DC) box properly, inserting batteries in the DC remote control, and plugging in the DC box.
8. Turn on the TV. Set the TV to channel 3 with the original TV remote.
9. Turn on the DC using the correct remote. WARNING: Remember don't mix up the remotes.
10. On the DC remote, press the setup or menu button and scroll to menu.
11. Scroll to and Scan the channels. Channel scanning will need to be repeated when additional DTV channels become available.
12. Hope and Pray that most of the channels come in. Many times they won't. Repositioning the TV antenna higher or closer to an outside wall or window may improve reception. (Try scanning again.)
13. Oops, did you hook your rabbit ears/roof top antenna to the digital converter box in the proper port in the back of the digital converter box, and the extra cable in the box to the TV-out port correctly? Then Nana, you are almost there.
14. Now, remember your original remote for the analog TV set is only used to turn the set on and off. Make sure not to change the channel off of "3".
15. Finally make sure you use the new remote only for channel surfing and volume, not for turning the TV on and off. Keep the DC box directions in a safe, memorable, and accessible place for when scanning for new channels needs to be done.
Got all that NANA? Now enjoy your new digital viewing experience. Pleeezzzz, someone get me some aspirin.
Can you see this being done in a month or so with 19.2 million folks, with a disproportionate number being the elderly, minorities, those whose first language is not English, rural and disabled?
WE WERE CAMPAIGNING TO HAVE THE FEB. 17TH DATE SET BACK. IN THESE TURBULENT TIMES, WE CANNOT HAVE 19 MILLION AMERICAN LEFT IN THE DARK. Especially, with the new administration UPDATE - As of Feburary 8, 2009 the House Approved the DTV Delay Bill to push back the dtv date for June 12, 2009. More time, education and activitism is needed!
Times are tough. There are difficult months ahead. But we can renew our nation the same way that we have in the many years since Lincoln’s first Thanksgiving: by coming together to overcome adversity; by reaching for – and working for – new horizons of opportunity for all Americans. So this weekend – with one heart, and one voice, the American people can give thanks that a new and brighter day is yet to come.
President-elect Barack Obama, 11/27/2008
POPLUV THE PAYGO tickets available... Black Friday not over until its over.
Registration Campaign to fill up the 50 million positions in the currency board in full progress.
ECONOMIC SECURITY PRESS - IMMEDIATE RELEASE
National Economic Security Service reserved 5 million positions for law enforcement, security guards, military, college university students... send full name and mailing address; email address to esp.ness.contact@gmail.com
paralegals, notary public's, bank tellers, retail cashiers... 5 million positions were reserved for you to by the National Economic Security Service... send full name and mailing address; email address to esp.ness.contact@gmail.com
AMERICAN WORKING CLASS CURRENCY BOARD
OPEN OPPORTUNITY OPERATIONS SYSTEM
Free Enterprise Trust in Simple Estate:
The Mastermind Principal
P.O. Box 310077
Brooklyn, NY 11231
Local Community Bank: Exclusively for the American Working Class Currency Board
Sovereign Bank
Lorraine Street Branch in Brooklyn, New York 11231
sovereignbank.com
1-877-sovbank
Routing Number: 231372691
Account Number: 0291146759 (Exclusively for the American Working Class Currency Board)
The Mastermind Principal (TMP) is the exclusive sponsor of the my.barackobama.com group POPLUV THE PAYGO.
This account has been structured exclusively for the Open Opportunity Operations of the American Working Class Currency Board. The Open Opportunity Operations is strictly for individual natural persons exclusively. No legal entity of any kind is allowed to participate.
Open Opportunity Operations are strictly domestic incoming and outgoing bank to bank wire transfer transactions. The currency board’s account does not accept international incoming and outgoing wire transfers. The currency board on circulates U.S. funds; U.S. Bank notes; Federal Reserve Bank notes; U.S. legal tender issued by the U.S. Treasury Department; U.S. Public Obligation Paper.
All contributions to the currency board are made to this account for the my.barackobama.com group POPLUV THE PAYGO.
This account only accepts contributions to the currency board for the fixed amounts of $150 and $550.
All fixed direct payments distributed by trust executive administration managers are derived from the contributions in the fixed amount of $150 and $550.
All direct payments distributed to contributors by trust executive administration managers are for the fixed amounts of $250 and $1050.
It is the mutual understanding by contributors that they can only make contributions in fixed amounts of $150 and $550 of earned income to the currency board for perpetual circulation in the base monetary supply for the United States economy.
For the fixed contribution amount of $150 there will be a distribution of a direct payment for the fixed amount of $250. The fixed dollar amount of the direct payment is deemed lawful unit value in U.S. currency that is equal to U.S. Treasury notes and represents a store value for a one dollar bill equal to a one ounce Silver American Eagle Bullion Coin with the face value of one dollar.
For the fixed contribution amount of $550 there will be a distribution of a direct payment for the fixed amount of $1050. The fixed dollar amount of the direct payment is deemed lawful unit value in U.S. currency that is equal to U.S. Treasury notes and represents a store value for a fifty dollar bill equal to a one ounce Gold American Eagle Bullion Coin with the face value of fifty dollars.
The fixed contribution amounts of $150 and $550 includes a refundable trust executive administration management fee of $50.
The fixed direct payments $250 and $1050 distributed by the trust executive administration management includes the refundable fee paid by the contributor.
The bank wire transfer cycle only takes a few days. The direct payment distribution cycle is 20 business days in a 30 day calendar month.
The currency board facilitates 50 single unit [contributors] transactions at a time. Once the trust executive administration management has completed and satisfied all transactions with direct payment distributions it will handle the next 50 single unit [contributors] transactions.
All direct payments are distributed by trust executive administration managers strictly to a local community bank by bank wire transfer. Direct payment distributions are bank wired to the local community bank the corresponding contribution was received from.
The currency board only has 50 million positions that individuals can work from. A person must be a member of the group POPLUV THE PAYGO; they must register their legal full name, mailing address, and email address at esp.ness.contact@hotmail.com; the person must pledge to complete single unit transactions and maintain a 50 unit Currency Board Activity Report; the person must pledge to accept pledge contributions and referrals from the my.barackobama.com group POPLUV THE PAYGO.
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Guiding Principles of the American Working Class Currency Board
The working class currency board is more than a slogan - - - POPLUV THE PAYGO! There are six fundamental principles that bring together 50 million workers to achieve a definite purpose; jump start and drive the largest economy in the world: Love. Truth. Freedom. Peace. Justice. Mastermind… Coordination of knowledge and effort in the spirit of harmony between two or more people to attain a definite purpose.
The currency board will be 50 million strong with American workers. The currency board will restore confidence in the financial system. It will restore the functional qualities of currency to POP - - - “pieces of paper”; “public obligation paper” [Federal Reserve Bank notes; U.S. Banknotes].
More important it is what the working class currency board does for the economic model. It adds an entry level for jobs and free enterprise business creation. It adds another dynamic component that contributes to the economic security of the working class and another safe guard to sustain perpetual growth derived from consumption.
There is clearly a paradigm shift in consumption to a financial service that grows the monetary base that the banking sector needs to make credit loans.
The monetary based is expanded by the working class currency board. Tax revenues generated by the local community banks and Federal Reserve Bank will make a significant reduction in the national budget deficit and the national debt.
It translates into real growth in Gross Domestic Production and expansion of the money supply that American workers and small businesses are dependent upon. Small business development and expansion will add thousands of new jobs that pay good wages with health and retirement benefits.
Everything feeds into M2 and M3 to deal with the global derivatives market created by the Federal Reserve Bank; the central banking system. The working class currency board is a very clear indicator of economic activity; consumption.
Consumption will actually go up and be a larger more reliable measure of economic activity; as high as 85% of GDP, up from about 70%. There will be no real increase in inflation, but if there is it is off set by increased productivity and job creation. Unemployment will be significantly lowered as the currency board fills to capacity with 50 million people.
What about the economic stimulus package for the middle class? Is the TARP working yet?
And above all, I will ask you join in the work of remaking this nation the only way it’s been done in America for two-hundred and twenty-one years – block by block, brick by brick, calloused hand by calloused hand. – Barack Obama, Election Night 2008
The present economic crisis is the only argument needed to support Reason and Cause for the currency board for the American working Class.
It is structured to restore unit of account to the monetary base of the economy. Taxable revenues are generated by the local community bank sector and the Federal Reserve Bank. The currency board drives taxable revenues for the financial service sector of the economy.
This act by 50 million American workers will break the liquidity trap. The revenues generated for the banks will enable them to loan credit to the local community they service. The demand deposits will increase adding more liquidity to loan credit to the local community.
The general circulation money supply for the American working class becomes permanent and readily accessible via the currency board.
The currency board officially opened effective November 11, 2008. American workers can register through www.my.barackobama.com
Just Google the phrase slogan… “POPLUV THE PAYGO”
Join the group “POPLUV THE PAYGO” and receive additional information how to create jobs. The currency board is an instant job creator for the security service industry; the human service business industry; the not-for-profit charitable foundation industry.
“POPLUV THE PAYGO” promotes the currency board for the American working class. The currency board is structured with one or more free enterprise trust organizations in simple estate. The currency board offers a home-based business opportunity to the American working class to develop and expand the monetary base of the economy.
The currency board will drive local community-based community focused small business development that will employ more people; expand the human service business industry to employ more people that pay good wages with health and retirement benefits indexed to inflation and other cost of living indicators.
The act of 50 million American workers will wipe out unemployment. The currency board is structured for 50 million American workers. It is fixed. First come first serve. It’s an equal opportunity. That’s what free market capitalism is supposed to do… create competition.
This is the best way to grow the GDP; increase consumption tax revenues the PAYGO government services; build new productive components to the economy; grow work opportunities with good wages, health benefits, and retirement investments; create generational wealth for the American working class.
The American working class currency board ensures the 44th Presidency and the 111th Congressional Assembly will be enabled to do the nations business more efficiently. The economy will make a turn for the better before the last person joins the currency board.
50 million positions to POPLUV THE PAYGO... Will you be one of a thousand or one in 50 million!
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The American Working Class Currency Board
“We've made it this far because supporters like you never stopped believing in your power to bring about real change.”
President Elect Barack Obama 11/4/2008
The currency board is nothing new… Countries like Japan and China are doing it with our money - - - United States Treasuries.
In my opinion the Currency Board for the American Working Class was formed when the TARP and EESA were established by an Act of Congress. Now, the American people just need to join and participate in the structure(s) provided to effect the financial change we need in the economy.
The basic structure of the currency board for the American Working Class will generate liquidity to the community banking sector.
It is specifically designed for the liquid cash money supply called M1: narrow money – cash money of paper and coin, in general circulation of the United States economy.
U.S. Bank notes: Federal Reserve Notes issued by the Federal Reserve Bank [the central bank and the U.S. Department of the Treasury] are debt exchange bills in troubled assets – “debit” units of exchange. The banking industry was rescued by the American people and the currency board comprised of the American Working Class makes sure they get paid for their financial troubles.
Due to the economic crisis the currency board makes direct payments in lawful unit value of currency the American Working Class; registered participants that join the currency board.
The currency board’s primary function is to seized control of M1 of the U.S. economy; and restore the functional qualities of currency to U.S. Bank notes [Federal Reserve Notes] used by the working class – business owners, wage earners, investors, home owners, and retail consumers of food, utilities, gasoline, financial services, etc.
Federal Reserve Notes [U.S. Bank notes] are used to make credit loan debt payments against assets securitized by the broad money supply – M2 and M3. They are public obligation paper (POP); “debit” exchange units for the American people; cash money paper. They have no functional qualities of currency; they have no unit of account, no storage value, no standard of deferred payment because of the Wall Street criminal credit default swap enterprise conducted through the central banking system, the Federal Reserve Bank.
The highest best use of “debit” exchange units – public obligation paper (POP) – Federal Reserve Notes [U.S. Bank notes] is for the American working class to freely contribute them to the currency board; to grow and expand the narrow money supply – M1 – by the perpetual circulation in the bank wire system of the community bank sector. This act by the currency board [American people] will restore the functional qualities of currency to Federal Reserve Notes [U.S. Bank notes].
This is the primary fiscal monetary policy of the currency board; to facilitate the perpetual general circulation by bank wire of the liquid – cash money dollar paper bills – “debit” exchange units issued as Federal Reserve Notes [U.S. Bank notes] in the United States of America; will generate lawful unit value of currency.
The currency board utilizes all seven denominated paper bills [Federal Reserve Notes; U.S. Bank notes] to facilitate perpetual circulation of the cash money supply to benefit the American people [working class] and the U.S. economy:
Congressionally authorized American Eagle Bullion coins program was launched in 1986 by the U.S. Mint of the U.S. Department of the Treasury. The specific purpose of the program is to pay the national debt.
Store value; consumer purchasing power of cash money is restored by the following act by the currency board for the American Working Class:
All profits and paper gains from the circulation of public obligation paper will be used by the currency board through the U.S. Department of the Treasury to PayGO the national budget up to $5 Trillion; the U.S. government budget deficit up to $3 Trillion; the national debt up to $15 Trillion; the trade deficit up to $5 Trillion; the economic policy of the President of the United States of America in Congress Assembled: $1 Trillion or more [Economic Security Plan for the American Working Class].
Furthermore, the currency board is dedicated to purchasing U.S. government treasuries and investing in government sponsored entities; and publicly traded companies through direct reinvestment programs. This act by the currency board will restore a standard of deferred payment to the narrow money supply in the U.S. economy.
The currency board serves the working class in America. The American people earn shareholder distribution rights (SDR) when they participate in the perpetual general circulation of Federal Reserve Notes [U.S. Bank notes] by bank wire through the community banking sector.
One contribution of 188 dollars earns one direct payment of $200 USD in lawful unit value of currency from the currency board [the sum total of all seven denominations of cash paper exchange bills [U.S. Bank notes]- “debit” exchange units issued for general circulation by the Federal Reserve Bank: 1 dollar bill + 2 dollar bill + 5 dollar bill + 10 dollar bill + 20 dollar bill + 50 dollar bill + 100 dollar bill equals 188 dollars earns a direct payment of $200 USD in lawful unit value of currency which is equal to one shareholder distribution right (SDR) to US dollar currency of lawful unit value].
The contribution of one direct income payment (the sum total of paper exchange bills – U.S. legal tender: public obligation paper – equal to 200 dollars) earns one shareholder distribution right (SDR) equal to $250 USD in lawful unit value of currency.
The currency board uses a simple contribution structure to finance the U.S. government. It is commonly called PayGO. The currency board contributes one piece of paper for one direct payment of lawful unit value of currency.
The currency board utilizes all seven denominated paper bills [Federal Reserve Notes; U.S. Bank notes] in the general circulation for the PayGO contribution system.
The currency board uses the following standard direct payment for the PayGO contribution system in unit multiples of 1, 2, 5, 10, 20, 50, 100 per SDR:
~*~ CONGRATULATIONS ~*~ PRESIDENT ~*~ BARACK ~*~ OBAMA ~*~
TRIBUTE:http://www.africreations.com/Obama-Tribute.html Black Designers Crafters and Artists for Obamahttp://my.barackobama.com/page/group/BlackDesignersCraftersandArtistsforObama
Delores Chamblin