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

[E. Crockett]

--- wesburt at juno.com wrote:

> 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 
> 
=== message truncated ===>
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