To protect the people and secure their rights

Liberty and Democracy are not opposing ideas. The political center is where all change is made. Let's embrace reason and civility.

Tuesday, April 8, 2014

Democracy and the Competitive Economy

Federal debt got you down?

Simply allow the USG to overdraft its account at the Fed, and stop selling securities on the open market.  No more federal "debt".

You're welcome
Conservative leaders are more than willing to deficit spend "at the top". Reagan, Bush, they all incurred massive deficits in the name of war.. They just don't want the benefits to help you in any way whatsoever, because frankly they could care less about your problems.

It's the basis of Monetarism, a policy built on private debt and treasury bills. We've been working under that policy for 40 years. Think that might have something to do with all the economics graphs of that period?

Deficit spending at the bottom is high velocity money that filters upwards through a competitive economy. Yes, eventually to the "top", but at the same time providing upward mobility and the benefits of real competition.

The last thing these "job creators" want is competition. Stop paying interest on money that just sits there, stop taxing poor people, and guarantee pensions, medical insurance and education for every citizen.

That would be a competitive economy.

That's the promise of American democracy, the one we were promised in WW2. This sustained effort to privatize everything and end democracy has to stop. If we lose our democracy, we lose our liberty as well