[GJM] #854, Kohler And Cook on #853, Re, [FixGov] THE COMING END OF DEMOCRACY?

[E. Crockett]

--- wesburt at juno.com wrote:

> Hi Folks,
> 
> Things are looking up.  "The powers that be" are
> slowly 
> becoming aware that the wrong policy (TWP) of the 
> last 113 years amounts to genocide done slowly. 
> But, 
> eventually, without a change of policy, TWP amounts 
> to genocide done completely.
> 
> I am in debt to Messrs. Kohler And Cook for the only
> 
> two responses to #853 from my copy list of ten mail
> lists 
> and forty individual addresses.  But again, I am
> pleased 
> that folks at topica.com are back on my side of this
> debate, 
> and have distributed #853 to four lists at topica.
> 
> Dear Urban, 
> I agree completely with your analysis of our
> present condition, but your analysis is incomplete. 
> Our money system (FRS +  Banks) serves both our 
> private and public sectors, but only our private
> sector 
> "works like a charm." and has been copied so widely 
> that we now have a One World private sector.  As we 
> know, money gets power and power corrupts
> absolutely, 
> if public opinion does not remain sovereign.  
> 
> As I have tried to show before, the optimum policy 
> (TOP) has been the proprietary knowledge of our 
> Emperors, Kings, Bishops, CEOs, day traders, 
> celibate priests, gay men, and lesbian women since 
> the beginning of time.  Everybody who counts learns 
> TOP at his mother's knee, but our public schools do 
> not teach it to the public.  This may account for
> the rise 
> in "home schooling," but it would be better to teach
> 
> the optimum policy in our public schools.  Who would
> 
> object, after they realize that TWP continued will 
> make the USA a third world nation.  Again, Urban,
> our 
> corporations are not too powerful, our local
> governments 
> need to follow Adam Smith's First Maxim Of Taxation,
> 
> to reach parity with our private sector and share in
> the 
> abundance produced by our private sector.  As you
> say, 
> there will be enough for everybody, even as we
> moderate 
> our wasteful consumption.
> ~~~~~~~~~~~~~~~~~~~~~~~
> Dear Richard,
> Of the many accomplished authors on the Internet, 
> such as; James Cumes, Jerold Hubbard, John Bunzl, 
> Richard K. Moore, Robert Searle, Rodney Shakespeare,
> 
> Geoffrey Gardiner, Dick Eastman, and W. Curtiss
> Priest, 
> to name just a few, you are the only author who, in 
> less than a year, has concisely explained where the 
> necessary economic stimulus must be applied, to be 
> effective.  That is to say, it must be applied where
> it 
> has been missing for the last 113 years in the USA. 
>  In your recent post to Global Research CA., you 
> wrote in part:     
>         "In reality, the government should give
> people 
>         much more money to spend than has been 
>         proposed or even conceived of—but not
> through 
>         more government borrowing from the Federal 
>         Reserve. 
>               As this writer has argued, the first
> thing that 
>         should be done—today—is to pay each
> individual 
>         in the nation an average stipend of $12,600
> as a 
>         National Dividend, based on the overall
> appreciation 
>         of the economy due to harnessing the forces
> of 
>         nature and technology.  
>               This stipend should be tax-free and
> should be 
>         paid now, without further delay. It would
> not be 
>         inflationary, because it would be a credit
> against 
>         the actual productivity of the nation and
> our ability 
>         to produce goods and services at will if
> people 
>         could afford to buy them."
> ~~~~~~~ End Excerpt from Mr. Cook's recent post
> ~~~~~
> 
> I have tried to put some numbers on the inner
> structure 
> of the USA private sector, as follows:
> WSB  
> [$12,600/year X 300 million = $3,780 Billion/year =
> 27% 
> of our July 2007 $13,970 Billion/year GDP economy.]
> The amount of money used by the "real economy" is:
> July 2007 M1    = $1,371 B
> Sept.  2007 M1 = $1,395 B
> Jan.    2008 M1 = $1,363 B ($30 Billion decline of
> M1 
> since September 2007, as you say.
> 
> Looking at C. H. Douglas' A and B flows, as
> quantized 
> by Wassily Leontief in his 1966 book, "Input-Output 
> Economics:"
> M1c-A = ($13,970 B)/(26 billing periods/yr) = $537B
> M1c-B = ($13970 Bx1.5)/(52 billing periods/yr) =
> $403B
> Total M1c = 940B, M1 reserve held by households 
> and corporations = $431B =31% of M1. 
> 
> I worry that extending the National Dividend to the 
> present work force may weaken their "work ethic."
> Then what would we do?  Since human workers are 
> about 90 to 95% efficient (output less subsistence
> cost)/
> (output) their "no load loss" would not be so
> important 
> for meeting the requirements for a free market as
> the 
> "no load loss" of 40% efficient steam power plants. 
> But, 
> the preproduction costs of development must be
> removed 
> from the competitive variable cost data in both
> cases.
> Below the forwarded messages from Urban and 
> yourself I have added a copy of my only post, of
> 853, 
> to get a response from "the powers that be."  They
> held 
> M1 nearly constant at $1200 Billion for eight years,
> just 
> to prove that the real economy could be held free of
> the 
> speculative economy which lives on M2, M3, and debt,
> 
> plus enough M1 to cover take home pay on Wall
> Street. 
> 
> Kind regards,
> 
> Wes Burt
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Forwarded Message #1 ~~~~~~~~ 
> lurbankohler at yahoo.com>
> To: FixGov at yahoogroups.com
> Date: Mon, 21 Jan 2008 10:28:35 -0800 (PST)
> Subject: Re: #853, Re, [FixGov] THE COMING 
> END OF DEMOCRACY?
> 
> 
> Thanks Wes, for organizing and commenting 
> on some good and relevant materials. I can't 
> always follow all of your explanations , but I 
> share what I think is your strong belief that 
> our money system could be improved.
> 
> I especially like the CH Douglas quote about
> resentment of that idea being akin to the 
> resentment felt by anyone challenging 
> religious dogma . . .
> 
> But I am puzzling over this quote from 
> your last paragraph: . .. "The US private 
> sector works like a charm and produces 
> everything for which there is an effective 
> demand. . . . . " 
> 
> Do you mean to say that's all there is 
> to it? I have a sinking feeling it's an 
> endorsement of a kind of libertarian 
> attitude; that capitalism, free enterprise, 
> works best if left alone. I would argue 
> that business and corporations have 
> been left TOO free to pursue the 
> "bottom line" and this is one of the big
> flaws --the mistake that Adam Smith 
> inadvertantly fostered when he 
> proclaimed that self interest would 
> sort out and establish values and 
> prices appropriate for the greatest 
> 
=== message truncated ===>
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