Justaluckyfool, on March 14, 2017 at 9:03 am said: Your comment is awaiting moderation.
” We need to try a thrifty version of Medicare for all, with negotiated prices for drugs, hospitals and diagnostic equipment.” (Ellen Brown)
The best way to attack a problem- A Solution that fixes it.
“It’s time to rewrite the rules―to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity.”( Economic Nobel Laureate Joseph Stiglitz)
“TAXPAYER INCOME REVENUE PRODUCING ASSETS” ( T.I.R.P.A. )
Increase……. Wages, Jobs, the Standard of Living.
Decrease…… National Debt, Poverty, Inequality Gaps.
It sounds great; but even more important, it not only pays for itself; it reduces national debt !
Time for American innovation to solve our problems, focus on investments-smart investments which will improve growth and pay for itself.
Not a bailout.
Not a cost to all the taxpayers.
Not an increase in deficit spending.
Rather a magic economic proven golden bullet.
( T.I.R.P.A. )
The FEDS made direct purchase of bank assets.The Fed has already proven that it can do this; with a profit to the US Treasury and with no increase in the debt (it is an asset purchase).
We must have Congress legislate that the Federal Reserve Bank shall make purchases of Public State Bonds For Infrastructure (PSBFI).
Each state will have as a member of the Federal Reserve a pubic state bank along with one additional member for the District of Columbia.
Each member (Public State Bank) will be entitled to issue $1 billion per electoral vote. All bonds will have the same terms and conditions and will be made available for purchase by the Federal Reserve for that year of issue.
All PSBFI’s will have a term of 20 years with the payment conditions as follows:
Each dollar face value will be sold at a twenty-five percent (25%) discount to the Fed.
There will be no interest charges.
The entire bond will have 20 equal payments due each year.
The T.I.R.P.A. BONDS will act as a line of credit: after 360 days of each annual
payment; that amount will be available to each entity with the same terms and conditions.
( T.I.R.P.A. )for Universal Healthcare
Federal government to deposit $538 BILLION in Public State Banks for its asset purchase of $674.5 Billion of State Medicare, Medicaid Relief Bonds with a term of 20 years with equal annual payments. Each state shall deem when funds are to be dispersed. The allocation shall be based upon the fair and just system: $1 billion per electoral vote. This amount will be available as a line of credit.
Ex., DC has $3 billion available ($1b X 3 Electoral votes).
THE BOND NOTE WILL READ $4.5 Billion with a $2.25 million annual payment for
This will allow DC after 360 days of payment to borrow $169.75 million by selling the Fed a TIRPA 20/Yr Bond Face value $225 million.
It sounds great; but even more important, it not only pays for itself;
it reduces national debt !
” We need to try a thrifty version of Medicare for all, with negotiated prices for drugs, hospitals and diagnostic equipment.” (Ellen Brown) Let the States do just that-Give the power back to the people.