You literally have nothing more valuable to do than command three reforms conservatively worth $60+ trillion:
1. Monetary reform: the US doesn’t have a money supply, but its Orwellian opposite of a “debt supply.” Banks and the Fed create what we use for money as debts, then charge the 99% interest for its use. Monetary reform requires government transparency (I know, unimaginable without arrests of current leadership) to create debt-free money for direct payment of public goods and services. This has game-changing triple benefits of:
- full-employment as government becomes employer of last resort,
- optimal infrastructure,
- falling prices because infrastructure contribute more to productivity than cost. Complete explanation and documentation here, here, here.
2. Credit reform: Public credit is at-cost, as opposed to what we have today with predatory cartel 1% for-profit credit. For example, public credit could pay all state and local taxes with a ~5% mortgage and ~5% credit card. It could also release literal trillions locked in government “rainy day” funds with lines of at-cost credit.
3. CAFR audit, reform: So-called “pension” and “rainy day” accounts are tragic-comic in non-disclosure and non-performance for budget, infrastructure, and pension funding. For example, Californians have $8 trillion in surplus assets withheld by government (~$650,000 per household) in this current structure that 1% “leaders” claim requires austerity.
Several models (and here) of cost-free government are known, beginning with Benjamin Franklin’s pamphlet on colonial Pennsylvania operating its government without taxes to Thomas Edison explaining debt-free money with Henry Ford in a 1921 summer media tour. As good as these breakthroughs are, resource-based economics is our predictable future just beyond these three reforms.
$60+ trillion in value (perhaps $100+ trillion):
- The US national debt is over $17 trillion, and could be extinguished with monetary reform,
- 1% oligarchs hoard ~$30 trillion in off-shore tax-free shell banks (much of which may have been gained through criminal fraud),
- If California CAFRs show $8 trillion in surplus taxpayer assets hidden in plain sight (or even half that), then US total CAFR taxpayer surplus assets are $30 to $80 trillion.
In addition to these economic areas of value among ~100 areas of game-changing importance, we can end horrific deaths of one million children a month from preventable poverty. The investment cost is less than 1% of the developed nations’ income, a total 10-year investment of just $1 trillion (that’s equal to a 5% tax on the trillionaires hiding 20-30 times that amount in offshore taxhavens). Additional outcomes of ending poverty are reducing population growth rate, and supporting environmental resources. There is no academic or political argument against the investment and effectiveness of the known solutions; full documentation here.
Among other resources listed here:
- Federal Reserve System CAUSES unpayable debt, unemployment, inflation, high interest rates
- And… it’s gone! The Fed and US could simply CANCEL all $5 trillion of intragovernmental debt
- 11 days US unlawful wars cost = 1 year free tuition for all US public colleges
- Video: How 1% asset-holes’ offshore tax havens hide $21 – $32 trillion
- Obama’s ‘change’: 1% get 81% income gains then tax-shelter $21-$32 trillion; bottom 90% lose income
- State, school budget cuts: 100% funding if CAFR billions, trillions disclosed
- Asset holes: US ‘leadership’ in money, credit, CAFR surplus trillions