Join the NED. It has the most democratic structure ever invented for reaching consensus on the web. http://www.ustaxreform.us/n...
http://www.ustaxreform.us/nfed1.htm
Comment on Frontline TV show "The Warning" 10-20-09
Brooksley Born understands that a "market" does not automatically create control over fraud or other vulnerabilities to loss that may accompany "doing business" or human commercial interaction. She understands that a "market" is no better at organizing "trade" than the "economy" is -- wherein the market is protected from crime and human error. Alan Greenspan and "capitalism" did not attempt to provide, as a necessary support for trade, a "reversible money pump", designed to meet Keynesian concerns for aggregate demand and supply--neither of which may be allowed to run dry if trade, itself, is logically welcome at the time and place people appear to desire it. All Americans are aware that money to support demand in an economy may less or more than sustained operations (that produce needs and purchase production) require. They are dimly aware that a money pump must be ready that can pump money in or suck money out of the pockets of persons who "go to" market as a part of their system of essential supply of need. Were we to be blessed with Brooksley Born in place as an honest competent regulator, would we also be blessed with an honest competent engineer to design and operate the pumps without which an economy may fail the nation and world that surround it -- as it serves them. If you have never encountered a reversible money pump (of Keynesian design with respect to full employment, consumption, and managed money), it may be time you did. There is a Google site where it is under construction. I hope you will look for and find it.
Copy of Homepage, Google Site, Reversible Money Pump
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As 2009 comes to a close America and the rest of the world remains far from content with the prospect for change hoped for after the Democrats were elected. Rapid recovery, full employment, sound banks, affordable housing (and sufficient income to buy it ) were among the things we dreamt were coming—because we'd saved the day with ample money voted (and otherwise created) going into circulation. It never happened. If we were worried after eight Republican years, millions of us are worried still or worried more. We are out of work, out of money, out of luck, angry at the leaders who made promises in 2008 and excuses ever since. Everyone with a government job must know we need a money pump. Business of the kind that made the Clinton team concerned we'd pay off the national debt is nowhere in sight. If America is to be saved from a steep decline in wealth and useful power it will have to be with an ocean of money—once in sight—that our leaders in charge have turned to debt and dust. Fear has gripped our leaders. They have voted for and otherwise created trillions of American dollars—but not the mind or will to pump them where their needed now and—then pump trillions more until their work is done. Why? Because they have a pump and they don't know if it will work in reverse—to suck all dollars back that may make the ones in use worth less than will be required to produce the real things needed to be sold to support American money. Now that presents a puzzle and problem no brain on earth can solve. Really? I do not believe it. There must be talking brains that can prove the statement's false. And there must be listening brains that will know the talk is straight. There must be. Or my name ain't John Gelles. And my ideas must suck. When you read this site you are invited to join a network. Create a site of your own. Link it to this site. Invite john.gelles@gmail.com to join your site. I will join your site if we fit under the same umbrella. The network will then grow until the pump is built. All members of the network are equal in their right to link or not to link to any or all member sites. By the time we have a score of members the network will develop an effective new structure that may link to a single central hub where all connecting links reside and members will not have to carry more than one link to it.
SMALL BUSINESS SUPPORT CENTERS UNDER CONTRACT TO FEDERAL AND STATE GOVERNMENTS
Dear Ed Schultz, You are the best on Talk TV. OK. Your demand that Obama-nomics reach small business is correct. Let's say that QE (quantitative easing to increase liquidity and hold down DS,) and DS (deficit spending to finance national priorities--defense, infrastructure, education, health, prosperity, etc.) can find the trillions we are short on account of inadequate demand and non-performing assets. etc., -- THOSE TRILLIONS will be easy to give to banks and big business BUT far harder to get into investments in existing and planned small businesses. One answers is SMALL BUSINESS SUPPORT CENTERS (SBSC's). SBSC's would be opened by licensed CPA's, partnered with licensed members of the bar with with business law expertise, under contract with federal and/or state governments. The contracts would require the SBSC's to prove by statistics how they undertook to help small business borrow money, comply with all laws and regulations, employ people, serve customers, and remain in business honestly. Some of the helped businesses would fail -- but not all. The SBSC's would all succeed under their contracts because governments would pay them for doing what they promised. This would be something like a WPA but aimed at fostering small business to get capital to work in a decentralized national interest to end deflation and grow output that cannot be defined ahead of time. With capital from QE and DS pouring into big business for major infrastructure, hospitals, schools, defense, energy, etc., this added capital for small business would guarantee full employment quickly. Read some of my stuff linked at the bottom of my homepage http://www.ustaxreform.us John Gelles -- your true fan.
Please read http://sites.google.com/site/newmoneyparty/
It currently asks you to read "The SilentCoups" to get an idea of regulations that are needed to take back Congress from the corporate money power that presently controls almost all law and practice that stand between people and the jobs they need.
Collaborate to enact the Second Bill of Rights (jobs and a civil right to earn a living).
Collaborate to bring enough debt free money into play to make a difference.
Russia's President Writes What We All Need to Know.
On September 10 President Medvedev hit a home run for all to read. It is copied to
http://www.ustaxreform.us/92509russia.htm
The original link to it is also at the above address.
I trust our President and the President of Russia will create the results described in the latter's article.
Developing the American Economy with its Budgets and its Laws . A visitor from Mars would wonder why America is waiting for its consumers to shop their way back to industrial preeminence -- specially when all the evidence points to the fact that this cannot happen. Asians in China and Japan have paid a terrible price in lost jobs and lost financial direction because they did not yet create doctrine to prevent slack in their labor markets. Originally they invited foreign investors to build up Asian factory employment on the backs of destroyed American manufacturing cities. With these cities in smoke and ashes, and the export trade in trouble, these Asian partners have been slow in protecting their own futures. Where they should have parleyed with the governments of their customers to keep the money circulating -- and not slow global democratization, they instead shut down all that could not sell and have yet to budget for full employment and pass laws that protect their workers. And America has been relatively worse to their own workers and to their iconic producers. Fortunately, their is no Hitler, Hirohito and Mussolini this time around. There appears to be a lot of time for the 20 largest nationalmarkets to scratch their head and make adjustments. But, beneath the surface, democracy is losing power steadily. We may assume dollar hegemony is at an end. Tomorrow's moneys will include a European and Asian fiat, and possibly a treaty that improves performance by the three of them. From there, to a retooled and resurrected American industrial complex, will be a long journey -- requiring genius and determination. The current administration may be our best representatives to protect us from chaos and war. ..... But, if that is so, their greatest strength is the utter mental and ethical weakness of their conservative opposition. ..... That is a pretty poor situation for us -- rivaled in its poverty only by the equal weaknesses of all our foreign partner-rivals.
Deficit Hawkishness and Budget Neutrality
Our President Obama appears to want to be a Deficit Hawk and in favor of Pay as We Go and being Neutral on the issue of Spending more money than we collect in taxes or borrow from China.
That is too bad. It means high enough unemployment and low enough wages to elect a next Congress that won't support him. It means a new president in 2012.
It's Taxes and Red Tape Stupid
Our political opponents have too little sympathy for the needy and rabid hatred of taxes and red tape.
We must help the needy to escape need and own as much wealth as is good of us. Others can own more. But no one should own less.
Why do we have taxes when government can create as much money as production demands?
If we create money to match production, and only tax money in excess of what everyone really should have in savings (and if not taxed will cause hyper-inflation) , we can win over all who vote Republican because they hate unnecessary taxation.
Similarly, we must create the courses of study that will permit our scientists, engineers and writers, to end red tape ASAP. Once ended, we will have to keep up the pressure, or it will return faster then it went away.
We were elected to bring change. Let us do it.
