[GJM] #856, John Gelles, James Cumes, George Soros, Curtiss Priest, And Terry Wright on The Wrong Policy (TWP)

[wesburt at juno.com]

Hi John Gelles,

Thanks for returning to the debate, I missed you. 

While you were gone, Richard Eastman has proposed 
bloody revolution as the only way to break the grip of 
the "money Power."  Richard C. Cook has proposed 
C. H. Douglas' Social Credit solution.  The folks on 
GANG8 have been debating Say's Law and why it is not 
really a Law. And now you have included James Cumes, 
George Soros, Curtiss Priest, and Terry Wright in the 
discussion to propose a solution from the "world of 
Keynes, Abba Lerner, and Ron Morrison -- please read:
http://www.ustaxreform.us/kwod.htm." 


I can not argue with any of the above solutions.  Each 
of those authors is my academic and intellectual superior 
by a wide margin.  And everything they say is the truth.  
But they each arrest their analysis of our present condition 
without mentioning the century old 3% of GDP drag on the 
US economy which keeps the "Phillips Curve" displaced 
from equilibrium by 2.3%, or more inflation, and by 4%, or 
more, unemployment.  This wrong policy (TWP), at present 
prices, is a stimulus toward depression of $390 Billion/year 
which Ron Paul and other candidates for President have 
left out of their systems analysis, so far.

I have used the format: [WSB  comment  WSB] to enrich 
the following year old post on the same subject.

Thanks again John, for keeping the subject alive.

Wes Burt


~~~~~~ Begin Thirteen Month Old Post ~~~~~~~
wesburt at juno.com       
To: 
john.gelles at gmail.com,
Discussion at globaljusticemovement.net, 
FixGov at yahoogroups.com,   
worldcit at googlegroups.com       

Date: Sat, 30 Dec 2006 13:12:51 -0500
Subject: #22 John Gelles on Wes Burt's 
Optimum Policy (TOP)


Good day again folks,

#21 evoked serious responses from two old friends, 
Jonathan Warner on list TOP and John Gelles on 
list FixGov.

Jonathan cautioned me "to look closely at the 
performance of Alberta's Social Credit government, 
and its falling-out with Douglas, before you advocate 
for it too strongly!"  

No danger of that. I have been well rehearsed in the 
structural defects shared by Social Credit and most 
other monetary reform proposals. Money flows like 
water, and we cannot prevent people from drowning 
by reforming water. We should instead teach the 
people how to swim.

[WSB The people are in urgent need of a technically 
valid macro and micro model of today's industrial 
economies.  There is only one such model on the 
Internet, a model which has been available to the 
public since 1898, when the American Economic 
Association (AEA) was hired by the "Robber Barons."  
That is to say: Figures 4 (The Macro Model) and 8 
(The Micro Model) shown in attached Figure 4&8i.gif.
This model has not been taught in our schools and 
Universities since 1898, but is SOP in corporations.
  WSB]


John, in his message below, eloquently and concisely 
states how the thirty century old Judeo-Christian 
Principle of Subsidiarity has been reduced to practice 
in the United States since the 1890s.  The expense of 
capital development in our private sector is 100% 
capitalized (or socialized) and charged to the public 
as a markup on the cost of all goods and services 
produced, while the expense of human development 
in our public sector is only 50% socialized 
(or capitalized).  That is to say, that the other 50% of 
the expense of human development is loaded on 
parenting families as a head tax of $5,000/child. 

There is no better scheme for manufacturing debt, 
poverty, unemployment, and sustained inflation as 
shown in Figures 10c and 10e on Curtiss Priest's 
web site below.  Parenting families have proudly 
assumed this burden since the beginning of history, 
and the rest of humanity; gay men, lesbian women, 
celibate priests, and our WHIPs ( our wealthy, healthy, 
intelligent, and powerful folks) save 3% on their tax 
rate and laugh all the way to the bank.

~~~~~~~~~~~~~ Forwarded message ~~~~~~~~~~~
From: john.gelles at gmail.com>
To: FixGov at yahoogroups.com
Date: Thu, 28 Dec 2006 01:31:12 -0000
Subject: [FixGov] Wes Burt's solutions

Wes Burt says, as I read him, the Federal Government 
must assign a social security number to children at 
birth or when legally admitted to live in America as 
resident aliens.

In addition to the SS number, there must be an 
address and a bank account for each child (with legal 
guardian/parents authorized to use it until the child 
is emancipated -- say at age 14 when the kid gets 
working papers).

The Federal Government must then pay to the child a 
subsistence allowance  for all its needs.  It sounds 
good to me. If we cannot afford it for all, the allowance 
could be paid to those whose parents who have the 
least money of their own to support their children.

If we want to discourage over-population, the allowance 
could be paid for mothers with two children, Extra 
children could be excluded or even used to penalize 
the allowances for its siblings.

~~~~~~~~~~~~ End John Gelles ~~~~~~~~~~~~~

Ron Morrison(UK), in his essay "Keynes Without Debt" 
also concisely states our present condition when he 
writes in part:

"As the power of 'free market' Capitalism – or more 
precisely, the power of money, takes even deeper root 
in our 21st century, so also does the human vice of 
greed undermine our societies.  

Where once there were standards of behaviour and 
conduct whereby the democratic process would 
maintain some crude balance between self-interest 
and social responsibility, now our governments, ably 
abetted by a burgeoning 'middle class' seem intent 
upon dividing the world into 'haves' with even more 
and 'have-nots' with ever less.  Such injustice is the 
fellow traveller of discontent, generating terrorism 
and disruption."
~~~~~~~~~~~~~ End Ron Morrison ~~~~~~~~~~~~~~

Let's review again the sixth grade arithmetic of human 
development.  To assure the full development of each 
child, the required investment consists of seventeen 
years of subsistence at $5,000/head and twelve years 
of public education at $6,500/head.  The USA became 
an exceptional agrarian nation early in the nineteenth 
century because private property in land was widely 
distributed and US local governments supported 
universal public education.  We are now a century and 
a half beyond the industrial revolution and we have 
not yet even begun to discuss the benefits of capitalizing 
the other half of the necessary investment in human 
development.

In further support of the benefits of capitalizing the 
other half, Howard Karger, professor of social work 
at the University of Houston, concludes his article 
on the Fringe Economy (somewhere between the real 
economy and the speculative economy) as follows:

"Lastly, low and stagnant wages make it difficult, if 
not impossible, for the working poor to make ends 
meet without resorting to debt. A significant increase 
in wages would likely result in a significant decline 
in the fringe economy. In the end, several concerted 
strategies will be required to restrain this growing 
and out-of-control economic beast."

Howard Karger is professor of social work at the 
University of Houston, and author of Shortchanged: 
Life and Debt in the Fringe Economy (Berrett-Koehler, 
2005). © 2006 Independent Media Institute. All rights 
reserved. View this story online at: 
http://www.alternet.org/story/45813/
~~~~~~~~~~~ End Howard Karger ~~~~~~~~~~~~

As Raleigh Myers so often reminds us on list cyber-Soc: 
"If what we are contemplating is not fair to our progeny 
we have a failed event in retrospect--Raleigh.

So once again, folks.  There is no better scheme than 
TWP, which dates from 975 B.C., for manufacturing debt, 
poverty, unemployment, and, sustained inflation as shown 
in the figures on Curtiss Priest's web site below. 

Kind regards,

Wes Burt
~~~~~~~~~~ End Thirteen Month Old Post ~~~~~~~~~~

               TOP and TWP are cognoscible on
                Dr. W. Curtiss Priest's web site at:
<http://www.epie.org/cyber-soc/default.htm>
                 TOP is GOOD --- TWP is EVIL
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