....................................... First compilation: June 2003
Prophecience: The science of prediction.
This E-Zine is an online magazine.
Here we look at current trends in a linear fashion to see
were in the world we are heading. Prophecience
projections are simple extensions of logic into the future.
Like Trend Forecasting.
There is a point where progressions break down.
These deductions based on the result of following certain logical
paths to their most likely outcome and what has happened in
the past, in consideration of ”Trigger” points that will
affect outcomes of the future. History may not repeat itself but often it rhymes.
Event reverb. Some considerations in these future transformations are the possibilities from
predictions in Prophecy.
Let us search for practical answers.
Disclaimer: The content of this article is provided without
any warranty, expressed or implied. All opinions expressed in
this article are those of the author and may contain errors or
This prediction comes from the most comprehensive analysis
yet of the potential effects of human-made environmental destruction.
We expect that CO2 emissions will continue to increase for the
next 40 years or so. We need to adapt in remarkable ways.
How about the decrease of river flows
from climate change? There could be shortages of fresh water supplies.
In flooding zones the higher sea level may impede the
function of the drainage systems. Adverse weather may become more
extreme. Climate change is turning the oceans more acid in a trend
that could endanger everything from clams to coral.
Deforestation is a particular concern especially in tropical rainforests
because these forests are home to much of the world's biodiversity.
Deforestation could be adding to the weather extremes?
Is there a solution that would bring the world to more stability?
Methane CH4 is a trace constituent of the atmosphere.
Methane is about 20 times more powerful as a greenhouse gas
than carbon dioxide CO2. Man made sources include natural
gas extraction and transportation (methane is the main
component of natural gas) waste disposal, agriculture and
coal mining. Methane is also released in significant amounts
by marshland, rice paddies and by ruminant animals (e.g.
cattle, sheep) and termites. Scientists believe that the
sub-sea layer of permafrost, which has acted like a ”lid” to
prevent gas from escaping, is softening and allowing methane
to rise from underground deposits that were formed before
the last ice age. Underground stores of methane are
important because scientists believe their sudden release
has in the past been responsible for rapid increases in
Lets do solar cells, wind energy, and electric hybrid cars.
Wind energy can be the most environmentally clean power source.
Every flat roof is an ideal place for installation of banks
of solar cells.
Solar cells reduce the strain on the electric grid.
Solar energy where excess production can be sold back to
Water projects, even globally to provide better management
of water in arid areas to mitigate desertification.
Water management projects to mitigate the effects from
global weather extremes. Making taller and stronger dams and seawalls.
Rerouting water systems, restricting certain developments,
improving flood control from excessive rainfall, and
Projects to mitigate expected water shortages in farming
areas in anticipation of aquifers drying up.
Improve building construction for the anticipation of destructive weather
Improve forestery regulations in anticipation of dry forest conditions
and greater potential occurance of wild fires.
Engineer changes in cities to protect citizens from the expected rise
in adverse weather conditions.
Stop postal mail service on Saturdays to save fuel and
Convert light commercial vehicles like Taxis, Postal Trucks,
Busses to run on cleaner natural gas.
Return Blue-Laws where businesses and public transportation are closed on Sundays to
save on energy and emissions.
Yearly home and commercial property inspections for energy efficiency
Switching to tankless water heaters that uses half the energy of a standard tank model.
Switching to LED lighting, and that will account for
tremendous energy savings and maintenance savings.
Require all new appliances to be Energy Star Compliant.
End the corn-ethanol support systems. Until cellulose
ethanol production is feasible, our current corn-ethanol
subsidies are a poor investment economically and
environmentally. U.S. Congress has provided a subsidy for
ethanol production in the amount of $0.51 per gallon.
It takes about 320 ears of harvested corn to put one gallon
of ethanol in your car, and there are tariffs to keep foreign
producers out of the U.S. market. In Brazil, the ethanol is produced from
sugarcane and is far more efficient energy wise.
Instead of $0.51 per gallon subsidy for ethanol, how about a
subsidy replacement for solar cell cost and installations that
would be more permanent?
The challenge for Earths inhabitants in order to survive, is to
become efficient enough to maintain current lifestyle while
using 50% less carbon based energy. This can be done.
A good analogy to the
global economic crisis is a slow-moving hurricane that, once
over warm water, gains energy.
Right now global monetary debt is a huge storm, slowly circling
off your proverbial coast where it is gathering strength
from billions of dollars being fed into it daily by
governments desperate to avoid economic collapse...
and as a result pricing decisions having to
be made by everyone from manufacturers to local
shop keepers and down to you and me, trying
to cover rising costs. At this point the
skies are dark, the wind is rising, and the torrential rains
are beginning to sweep in. The pouring rains are
drenching job creation. Some workers are told to
stay home until the storm blows over. Cupboards once full
are getting bare. The radio is broadcasting warnings to
move to higher ground. No gas in car to leave town
and there is no higher ground, so be quiet, stay put.
But when it arrives, it will be a Category 5 and maybe
worse. Dirty water is seeping into the basement.
The straight-up consequences of the governments monetary
prolificacy and businesses raising prices to try and stay
afloat, and there is something else feeding power to the
perfect storm... something we have been warning about for
years now: the rising odds that the great institution of
global fiat currency system might fail. The levee of Gold and
Silver long since replaced by paper and glue of red ink, is
soggy and leaking. Shore up the levee with more War money. Our
civil engineers of special interest groups say not to worry.
Businesses; are shuttering because the lack of consumer
strength. Could rising fuel prices be choking consumer
spending? Bankruptcies, debt defaults, foreclosures, job
erosion, bank failures, feeding greater into the storms
strength. Lightning and thunder; your roof contract is about
to expire. Use your credit card to stock up on food. The media
says its not that bad, not to worry, it will pass soon, you
can survive this......Lets talk sports.
The Beginning: Large corporations hiring
special interest advocates or lobbyists started in the early
1960s. The Vietnam War gave incredible power to the
Corporate Military Industrial Complex and strengthened those
lobbyists in the Government. In the 1970s Nixon removed
the last link between the dollar and gold. This allowed
unrestrained military/social spending through money printing
and borrowing. This caused mild dislocations, but
eventually with each cycle greater disruptive economic conditions
of boom and bust. Each cycle bringing higher taxes and
larger Government. Start of the manufacturing exodus out
of the U.S. By 1985 the United States started to become a
net debtor to the world.
presidency from 1993 to 2001 included a great period of
economic growth in Americas history. Bill Clinton, who
actually reduced the federal deficit as a portion of GDP, and
when he left office, the Congressional Budget Office projected an $800
billion dollar yearly budget surplus for the years 2009 to
2012. America had full employment, controlled Federal
spending and capital flows into the private sector.
presidency from 2001 to 2009 now concludes war,
inflation, economic dislocations from bank failures, deficit
spending, doubling of the national debt, political
disturbances, an energy crisis. The
foundation is being laid for a default of
U.S. Treasures, and the collapse of the U.S. Dollar?
presidency from 2009 to 2016 Our U.S.
Treasury debt exceeds that which the Bush term created. U.S.
Government public debt load will exceed the $22 Trillion
mark. Treasury auctions have come under particularly close
scrutiny since global investors began to question the longevity of
the United States prized AA- credit rating. Foreign investors are now questioning the future
worthiness of the value of the USD and starting to take action.
Post U.S. Debt Default: Welcome the new U.S. currency, the ”New
2010 Predictions:The Year of Degradation:
We predict a year of more stress on all fronts; economic,
weather, infrastructure, and social segments. U.S.
Government Treasury debt load will well exceed the $14
Trillion mark. Official unemployment will be cheered because
of a drop, but many have lost benefits and will not considered
statically. Few that will get new employment will be at
significant income drop and most at very different work as had
before. Gold will average $1300 an ounce. Regular
gasoline in most areas will be over $3 a gallon. U.S.
Defense Department is asking for increase in moneys for the
Iraq and Afghanistan wars. Consumer spending is
lackluster. Congress is discussing stimulus package with
tax breaks. States will have to raise fees as increase
in taxes. Congress continued impasse on the health care
debate, but eventually will pass. GDP was 2.2% for 4th
quarter 2009 and will average 2.5% for rest for year.
Manufacturing expanded slightly, inflation rising. In
the world of competitive devaluation the U.S. will win and
have a lower relative value compared to other currencies.
The American standard of living will still take a hit.
The U.S. banking system solvency will not improve by much.
Your average American loathes the banks, so look for a
continued slow run on the banks and into Credit Unions and
Financial Service Companies. Huge numbers of working people will just quit
the work world. Good workers mostly in the private
sector will want to work but can not find work, so they will
just quit. They will seek early retirement even meaning
smaller payments or the younger crowd will move in with
relatives and make ends on nothing. So many will live on
the streets and tent cities foraging food from dumpsters, food
stamps and church handouts. More people filed for Social
Security in 2009, 2.74 million, more than any year in history,
The greatest wealth destruction in the history of America.
For many people around the world economic and social conditions
will continue to deteriorate in 2010.
2011 Predictions:The Year of Grand Slams
Option ARM resets in 2011. Most of these homeowners are selecting the minimum
payments and negatively amortizing. Many more homeowners will
be upside down when the ARM resets. Foreclosures abound.
Home prices will continue to fall in most cities.
Increase in taxes, as local Governments make up for
shortfalls including cutbacks,
layoffs at all levels. Over 1 million newly unemployed and
many loosing job benefits
and few jobs to be found. Quantitative Easing QE by the Federal Reserve means accelerated
fiat money printing and higher prices. Prices inflating everywhere,
especially food and fuel, most noticed. Price of regular gasoline over $4 a gallon.
U.S. government lost its AAA bond rating.
Recession conditions everywhere. Temporarily the job picture
may only improve slightly, as so many try to adjust. The U.S.
government has reached a terminal phase of the debt spiral
that it is trapped in, and the only way to keep the system
going is to print more money. No relief on interest for
credit cards, this will also exacerbate consumer weakness.
Huge Federal deficits and rising interest rates will continue
depression like conditions. Government instituting much
stricter capital controls. Radical weather
effects and a multitude of social stresses increase Globally.
Unusual weather in U.S. will affect food
production. Outsourcing of U.S. jobs will continue. Capital
is flowing out of the U.S. as America is hollowed out. Most
Americans have no idea that a horrific economic collapse will
arrive someday. There is no way that all of this debt and all
of this financial corruption that is self perpetuating will
Red Alert: Despite the media playing
down the repercussions, the 9.0 earthquake, tsunami, and
nuclear power calamity will have great implications in
Japan. This will have a negative ripple effect
throughout the world.
2012 Predictions:The Year of Fear:
All eyes watching if Prophecies of 2012 come true.
A eerie anticipation as MOS principle is in effect. MOS is More Of
the Same. Stresses on all levels increase. Conflicts building.
Weather turning unusually more extreme.
People reaching hysteria. Erratic behaviors. Hording and
fear and protectionism abounds. Poverty increases. Gasoline
over $4 a gallon.
Capital flight into government debt is crowding out
private investment. This is the major part of what is
prolonging the depression. Instead of cash flows financing
economic recovery through investment in new ventures,
projects and economic efficiencies, financial dealers are
instead simply financing the growth of government. This only
further dampens the private economy and forms the vicious
cycle that is sure to keep the economy in a deepening
recession. Declining wage growth is impairing the
ability of borrowers to service their current debts.
A study published by the Federal Reserve, which looked at the
median net worth of the average American family. The median
net worth dropped from $126,400 in 2007 to $77,300 in
2010 a decline of 38.8%.
2013 Predictions:The Year of U.S. Debt Bomb Explodes:
Foreign governments China, Japan, United Kingdom, Russia, all
reduce buying Treasury Debt and start redemptions.
The dollar starts collapsing and
the worsening economic conditions made it clear to Washingtons
creditors that the federal budget deficit was too large to be
financed except only by the printing of money. First a
increase of interest rates, then more inflation. Default of
foreign held U.S. Treasury Bonds? Global warming extremes
will have the weather going freaky.
A new drafted military police in place to control order.
BOOM: With QE to infinity now, the Federal Reserve
is actively running both monetary and fiscal
policy because it is in the business of funding nearly 100% of all the new U.S. Government
deficit spending for 2013, and beyond.
76% of Americans live paycheck to paycheck.
27% of American have no savings at all.
The conversion of America into a part-time working society.
The college trap and the student loan bubble.
Foodstamps where nearly 50 million poverty-level Americans who need them to survive.
Gerald Celente: ”When people lose everything and they have
nothing left to lose they lose it”.
2014 Predictions:The Year of Misery and Anger:
Because of Obamacare requirements a greater recession and higher poverty in the U.S.
Crime rising from the desparate. Many full timers forced into part time and reverting
to Food Stamp support. Those in Congress and the President give lip service. Political
parties fighting over the next shutdown and budget gridlock. America and the world
watches as the next Debt crisis unfolds. Foreign governments desire to
"de-Americanize" the world from the lack of moral values and responcibility of the US Government.
Global misery increases. Protests and riots start in the US.
Electronic survellance everywhere. Grocery stores, fuel stations, drug stores policed.
2015 Predictions:The Year of The Great Unravelling:
Global discontent with their Governments as protests and some rioting demonstrates their misery.
Global poverty increases. Survival becomes a much greater struggle. Economic problems grow and
are more complicated, misery and strife abound. Global recession and many countries in deep depression.
Wars and threats of wars continue and no peace as hate festers between countries.
Tension and conflict grows between superpowers.
Lies grow more outrageous and Government close independent news sources. Social misery increases as the
institutions become disfunctional. The US as a part time worker class can not earn a living. Social
services for the poor are curtailed. Institutions are broken. Western Governments implement no economic solutions.
Higher taxes, more regulation, travel restrictions and capital controls. Prices of necessities
rise like food, fuel, housing, medical care. Everything gets more complicated.
Military police show of force bringing greater abuse and citizen supression leaving many in daily fear.
Trust is broken between citizens, corporations and countries. Crime, corruption and scams abound.
Undeclared soft Martial Law is in effect.
2016 Predictions:The Year of Chaos:
No progress made to fix the broken Western economic systems. The same strife and misery
as last year but much more added. Military conflicts grow.
Much of the world seems on the edge of insanity. Poverty grows. Greater enforcement of archaic rules.
Many citizens give up and become unproductive. Many institutions become dysfunctional and actually
hostile toward their intended purpose. A growing plague of stupidity engulfs the world.
2017 Predictions:The Year of The Great Reset:
A new currency where redemption only allowed by U.S. citizens to new Liberty Dollar
denominated Bonds and Liberty Currency. A new Liberty Dollar backed by Gold? No!
Gold confiscation? Higher unemployment and forced conversion of 401k and IRAs
to U.S. new Liberty Bonds. Recalculation of Social Security, Medicare benefits, Pensions,
Mortgage debt and Personal debt. Huge hit of Americans standard of living.
New system of Social Security grandfathered into the younger groups. Rationing.
Grocery stores, fuel stations, drug stores with limited opening hours and heavily policed.
Martial Law is in full effect.
2018 Predictions:The Year of The Big Zeros:
Domestic and global distrust of new U.S. Liberty Dollar.
U.S. Economic Globalization goes Zero.
Money velocity goes to Zero. Commerce Zero. Food
production near Zero. Police compassion Zero. Social
infrastructure Zero. Militaries fighting new wars,
and confiscating resources. Foreign Goverments loathe to
help Amerika because the way the Government has removed
the Constitutional Rights of its citizens and lost its
moral compass. Martial Law in full force. Rationing, a national ID and Bio-metric
database for all U.S. citizens. The draft reinstated, war grinds on, elections suspended.
Why was the recovery from the
Great Depression so slow? It is now understood that tax
increases do not promote efficient recovery during a
contraction. By reducing households disposable income,
it led to a reduction in household spending and a further
contraction in economic growth.
Why banks are boosting credit card interest rates and fees?
Tommy was shocked when his bank nearly doubled his credit card
interest rate this year, to 27%, for no apparent reason. A
customer representative told him the law allowed the bank to do so, and
that was all the justification it needed.
”I never missed a payment” says Tommy, who owes about $5,000
on the credit card. ”The bank is just looking for a reason to
Banks fleecing the remaining good customers to cover the
losses in derivatives, bankruptcies.
There were, once upon a time, Usury Laws that generally
held any interest rate greater than 10% was illegal. The
last usury laws were removed back in 1980s.
Pandering to powerful
special interest groups to the behest of the middle class has
caused financial instability. Fiat money empowers corporatism
and the elites, but distorts
the benefit of capital from working citizens.
The power elite has put the
system into tremendous jeopardy. The only way to solve
the problem is to break the strangle-hold that the banks and
the multinational companies have on congress.
Act, passed in 1933, mandated the separation of commercial
banks and investment brokerages in order to protect depositors
from the hazards of risky investment and speculation. The old
order worked fine for fifty years until the banking industry
began lobbying for its repeal during the 1980s. This led to
the creation of Derivatives and is part of the foundation for
the banking crisis.
In the political news and distortions from Congress cause
Americans to be increasingly skeptical of and even cynical about
their political institutions and leaders. Once people lose
faith in the political system, they are less likely to vote,
less willing to pay taxes to support government,
less motivated to run for office themselves and as sociologists
say even less likely to get involved in their own
Do not say ”we” as in ” living beyond our means”
The most productive, and most educated people in society, the
middle class, who produce more than they consume and saved the
difference in investments. We
worked and some borrowed to adjust to the loss of the
standard of living. Now say; the ”Entity” the U.S. Government.
Americans have to learn that the government
is no longer ”us”. Its a wealth sucking entity that has its
own interests, its own life. How many times have the
government passed resolutions even when the majority voting
public was against it? For many of us the reality is simple:
government has become too big, too costly and too aggressive.
This has progressed to the point where what’s left of the free
enterprise system is now suffocating.
Banks and Wall Street - Derivatives:
Warren Buffetts famous quote ”Derivatives are financial
weapons of mass destruction.”
Financial chaos, primarily an American export. At the heart of
the matter is the incredible growth of debt and leverage in the
financial markets, which went into overdrive in the past ten
years. Derivatives scarcely existed 15 years ago; today they
total about $600 trillion. By comparison the worlds GDP is less
than $60 trillion and the capitalization of all the worlds
stock markets is less than $50 trillion.
The total U.S. finance amount of outstanding Derivatives in all categories is now
approximately $900 trillion
as of 2009.
Two thirds of
contracts by volume are the category of Interest Rate
Outstanding were $420 trillion for OTC interest rate
contracts, and $330 trillion for OTC interest rate swaps.
Credit Default Swaps (CDS) had a national volume of $50
Credit-Default Swaps are used to speculate on the ability
of companies or governments to repay their debt and offer a
benchmark for pricing securities. The contracts pay the buyer
face value in exchange for the underlying securities or the
cash equivalent should a borrower fail to adhere to its debt
When ARMs began resetting, and working homeowners lost their jobs
there were defaults. At the same time the housing
market was cooling off and the economy was stalling out. More
and more people were trapped in a situation where they owed
more on their home than they could sell it for. Many simply
mailed their keys to the bank and moved on.
All of this wreaked havoc in the derivatives market. Sellers
of these exotic packages could no longer establish what they
were worth. Buyers could not determine a fair price and so
stopped buying. As the ripples spread through the worlds
financial system, trust disappeared and liquidity dried up.
Currency Derivatives reached a volume of
Unallocated Derivatives are at a national amount of $70
Working Citizens.....Recession and
The Zombie Economy....
driving the economy. While in the past credit cards were used
primarily to purchase big ticket items, spreading out costs
over many months, they are now increasingly used to bridge the
gap between cost of living and the diminishing purchasing power
of Americans who have been flogged mercilessly by inflation and
higher taxes. Higher interest rates on Credit Cards from
troubled banks trying to recoup losses. Higher taxes from
shortfalls, deficits, war spending. Higher prices in utilities
from the energy crisis. The consumer, if they still have a job
purchasing power, discretionary income, and the ability to put away
savings. It should be painfully obvious that expanded consumer
debt was not evidence of economic improvement, but simply,
deterioration. Loss of purchasing power is a price paid by the
citizenry for the fiscal irresponsibility of its government.
Monetary Deflation crushes everybody:
Unemployment and The Domino Effect....
Because as each worker pulls back, he takes something away
from the other fellows around him. He
walks to work rather than taking a taxi, and then the taxi
driver has less revenue. He tells his son: ”If you want
groceries, you have to get on your bicycle and go pick it up
yourself and go for the cheapest.” Others then too have less
money. So then the taxi company has to go into crisis mode
too; and the pizza business and the auto business...and all
the other businesses, and the investors. Pretty soon,
everybody is conserving money and not spending, many raising
prices to make up for the loss in sales. That is what
frugality is; not giving other people your money you do not
have. But then all are forced into frugality too.
Slowly Imploding U.S. Economy:
Feeling a little cash short? To rephrase, this process that is
causing American consumers to pull in spending. Less cash in circulation
from monetary deflation and import inflation. Foreign made
products become more expensive as the dollar is depreciated.
U.S. Consumers have less to spend, and that leads to layoffs.
The layoffs lead to insecurity and fear. Less purchasing power,
because the price of necessities, fuel, food, medical care are
increasing. Investments with poor returns. Companies shrink
and small businesses close. The brutal
self feeding cycle of deflation that sent the U.S. into the Great
Depression in the 1930s is looking similar.
U.S. Economic Malaise:
After WWII, the
U.S. was the worlds manufacturing powerhouse, as our continent
was unscathed by the ravages of war and the military
industrial machine was running at maximum efficiency.
That however has changed over time, Government policy
transformed the economic landscape. This forced thousands of
corporations succumb to the pressures of improving their
bottom lines in a global competitive system. Entire
sectors were crushed: U.S. Manufacturing, Steel, Technical
services, Administrative call centers, Research; Technology
and numerous others are now outsourced overseas.
Good wages and along with it a robust tax base.
Local Governments on all levels are going broke, and we
hear about it in the form of budget cuts, which means local
government workers are losing their jobs. Estimate: 2 Million.
A new milestone! Tuesday, January 5, 2010: American-Government
Jobs have overtaken American-Goods-Producing Jobs.
The manufacturing industry has shed hundreds
of thousands of jobs during this recession as plants have
closed. Manufacturing, which typically offered more generous
benefits, accounts for less than 9 percent of payrolls in 2009,
down from 19 percent in 1982.
In 1959, manufacturing represented 28 percent of U.S. economic
output. The United States has lost an average of 50,000
manufacturing jobs per month since China joined the World
Trade Organization in 2001.
When a business sheds jobs and when the economy improves, then
the business may rehire. But when a business
closes, then the potential of rehiring is gone, and the whole
country becomes weaker. Even in
ideal times it takes many months or years to start a new
business. So relative to past recessions, this one will
be prolonged because of so many closed businesses and
factories. Just a quick drive around and see so many
empty commercial properties where once a thriving business
There will be no recovery until the
purchasing power and job opportunities of the American
citizen improve dramatically.
A 25% cut in all Federal Government worker salaries.
At a time when workers pay and benefits have stagnated,
federal employees average compensation has grown to more than
double what private sector workers earn. Federal workers have been awarded bigger average
pay and benefit increases than private employees for nine
years in a row. The compensation gap between federal and
private workers has doubled in the past decade.
Federal civil servants earned average pay and benefits of
$123,049 in 2009 while private workers made $61,051 in total
compensation, according to the Bureau of Economic Analysis.
Stop the outsourcing of jobs from America to other
countries that do not pay taxes into the U.S. and stop the tax
breaks that are given to these companies for the purpose of
Close corporate tax loopholes that encourage the off
shoring of jobs.
Reduce the capital gains tax.
where all Derivatives are exchange listed and regulated.
Register and tax Derivatives to the point where they are
Energy independence, not dependence.
Green jobs here in the U.S.
Sales tax on Stock purchases on U.S. Exchanges paid to the
No tax exemption except for religious Churches.
Keep a stable USD Index where exports grow.
Turn trade deficits into trade surplus.
Bring back the Usury Laws.
Federal law to limit Credit Card
interest to 3% above Treasury Bill rate.
Outlaw ARMs, and reset all current
ARMs to favorable fixed rate.
Local credit markets can be revitalized by establishing
state-owned banks and once very successful can be privatized.
Create National Recruitment Job Centers to link jobs to those
who need work. Just show up get processed and you are assigned
a job. Guaranteed work for each citizen.
Lower corporate tax rate, now the U.S. has the highest corporate tax rate in
the industrialized world.
Faster business write-off schedule for capital investment.
Smaller Governments. Federal, State and Local.
Return the Glass-Steagall Act.
If its status becomes ”Too Big To Fail” then Divestiture is
Progressive tax on excessive E-mails. Prevent spam which is
chocking normal internet traffic flow. Levy tax at hosting
sites. Block E-mails where tax is uncollected.
Remove the cap on earnings subject to Social Security
taxes, currently $102,000 a year.
Federal flat income tax for all income brackets.
Less tax may mean higher revenue.
Eliminate all Congressional earmarks.
Eliminate farm subsidies.
Lift regulatory burdens on business.
Eliminate taxes where cost of collection exceeds revenue benefits.
Offer retired struggling rent paying couples foreclosed homes at
no cost. Their Social Security spending may revive the
local depressed economies and bring some security to an
area. Instead of bulldozing homes in Detroit, the depressed city
areas could be transformed into retirement communities.
Lets talk JOB creation, in the private
sector that creates real wealth
and greater working opportunities, so we can afford better
standard of living, more savings. U.S. Government budget surpluses
combined with restrained government spending will result in rising
GDP, full employment, greater global prosperity and a stronger
Any sustainable economic rebound will be a rebound in real
production. Since 2001, over 42,000 U.S. factories have
closed down for good. The best solution would be to cut
taxes in order to stimulate private sector growth and at the
same time to reduce federal spending in order to bring down
public sector obligations. However, the exact opposite
method is currently being employed. Increased factory
capacity utilization improves employment, spurs new
investment which in turn spurs finance, infrastructure
resource investments and thus feeds the demand for corporate
services and other ”soft” services in the industry. Without
this we will see a protracted high percentage of
unemployment and continuance of economic deterioration.
Most of what your are seeing everywhere, and on the news, are the symptoms of
America gone bankrupt.
HOPE: There has to be a happy carefully
controlled middle ground where a monetary policy condition
Neither Inflation where prices are quickly rising. An
economic climate where new businesses start up and others
grow. One tenet of capitalism is that all debts are
repaid with fair interest with return of value to the respect
and satisfaction of the lender.
In this world of incredible computing power we should be able to
track every dollar and determine the correct
for proper business health, jobs and good commerce.
A paradigm shift.
The ”current paradigm” of the Western Economies
that are leading the rest of the world, is showing itself as
a colossal failure.
Need proof see LINK