We The People need an "AMERICA FIRST ECONOMIC PLAN"

We The People suffer "slave debt" at the hands of BIG DONORS from both parties.

SituationPolitics.Com

5/6/20265 min read

California's billionaire tax proposition is a one-time tax. Instead a recurring progressive tax on billionaires and mega-corporations would be much better.

But the core problem is located in Washington.

We The People suffer two primary problems:

We suffer a longstanding bi-partisan BIG DONOR problem; and we suffer an institutionalized problem regarding HOW we fund our government.

We The People will remain under the feet of Democrats, Republicans, their BIG DONORS and the Federal Reserve until We The People vote for new politicians with a new progressive plan to fund our government WITHOUT selling T-bills to fund U.S. government operations, obligations and programs.

We The People suffer the current system which benefits BIG DONORS and the politicians paid by BIG DONORS.

We The People suffer an institutionalized PAYGO system that both Democrats and Republicans use to justify limited funding for We The People while BIG DONORS get all the funding they want.

How do We The People eliminate BIG DONORS from federal elections?

Removing BIG DONORS from federal elections requires codifying into federal law mandatory 100% federal funding of ALL federal campaigns - not just federal matching funds, while some candidates are funded by BIG DONORS.

Federally-funded campaigns are useless UNLESS ALL federal campaigns are federally-funded.

Thus far, for the past 240 years or so neither Democrats nor Republicans have codified into federal law legislation that would PROHIBIT private donors and MANDATE federally-funded campaigns for all federal candidates.

How come neither Democrats nor Republicans have ever passed such type legislation that would eliminate private donors?

Because of bi-partisan greed and toxic tribalism - that's why.

What about America's financial problems: the National Debt, interest payments, U.S. government program costs and financial obligations?

How do we reduce the national debt while funding U.S. government programs and obligations?

The U.S. Government is approximately $39 trillion in debt.

Bi-partisan implementation of austerity measures and belt-tightening will NEVER pay off the $39 trillion national debt, nor will these kind of measures resolve what put us in such debt in the first place.

THE SOLUTION is to completely eliminate and replace debt-based government spending with debt-free government spending.

There is no need to fund U.S. government operations, programs and obligations by SELLING U.S. PAPER - selling Treasury bills to fund government.

We The People need to stop SELLING U.S. paper and start DEPOSITING U.S. paper.

We The People need to cut out the middleman Federal Reserve and use direct funding from Congress.

Democrats and Republicans have been using a deadend Rube Goldberg arrangement of servicing debt and utilizing a system of debit and credit accounting that we have been suffering since the implementation of the Federal Reserve and the Federal Reserve Act.

For example, Congress passes a $1 trillion bill and sends it to the U.S. Treasurer who writes a funding request in the amount of $1 trillion and emails it to the Chairman of the Federal Reserve who sits in his chair and literally types $1 trillion into his computer and hits send and $1 trillion goes to the U.S. Treasurer who deposits said funds into U.S. gov't bank accounts.

Then the Fed Chairman SELLS ONE TRILLION IN U.S. PAPER to cover the $1 trillion he just sent to the U.S. Treasurer.

Our Founding Fathers gave Congress the constitutional authority to create US currency at will, without borrowing money from anyone and without hocking our government to foreign and private investors via the sale of U.S. T-bills/Savings Bonds.

An "America First" economic program would feature Congress issuing what I call a "U.S. Currency Instrument" in an amount large enough to pay off the national debt and fund U.S. government operations, obligations and programs for the next four years.

For example, Congress could issue two (2) U.S. Currency Instruments: one to pay off the $39 trillion national debt; and one to fund U.S. government operations, obligations and programs for the next four years.

Congress should DEPOSIT U.S. Currency Instruments into U.S. Government bank accounts at the U.S. Treasury Dept. to fund our government INSTEAD OF the slave debt process We The People currently suffer.

Such Congressional action would permanently END our debt crisis, END hocking our country to foreign and private investors; END the negative impact of global financial market forces; END government borrowing and END paying huge interest payments on a national debt.

The problem is the current set of incumbent, aging Democrats and Republicans engage in a "BIG DONORS FIRST" economic program instead of an "America First economy."

Voters must realize that neither Democrats nor Republicans will ever eliminate the debt-based system voters have toiled under since the inception of the Federal Reserve and the sale of U.S. T-bills.

U.S. bankers, U.S. defense contractors, U.S. Senators and Congresspersons ALL OPPOSE eliminating our current system of funding gov't operations by selling T-bills and paying interest on those T-bills to "keep the dollar strong" at home and abroad.

For the rich and powerful named above, "Keeping the dollar strong" really means using the full faith and credit of the United States Government for the benefit of the aformentioned rich and powerful - not for the voter.

Both Democrats and Republicans have been telling their constituents their entire lives that government accounting is like household accounting: we only have a finite amount of money to spend within a defined budget that must include expenditures that benefit only the rich and powerful.

These bi-partisan lies serve as justification for austerity measures for the voter, but full access and control of the full faith and credit of the U.S. government for the rich and powerful.

The Greatest Sin as far as the rich and powerful are concerned, would be for the voter to access the full faith and credit of the U.S. government to improve voters' lives.

The rich and powerful don't want to improve voters lives; clearly the rich and powerful plan to effectively eliminate the voter and keep the voter parked in the back of the economic bus.

The rich and powerful have always believed that if voters gain too much government benefits that voters will abandon their low-paying jobs and enjoy too much life at the expense of the U.S. government.

Billionaires have a dream; and that dream features a one-employee corporation that pays ZERO TAXES AND PAYS ZERO WORKERS.

The only employee is the billionaire CEO.

That is THE DREAM AND GOAL of billionaires who are counting on AI and greedy subservient Senators, Congresspersons and Presidents to reach their goal of a billionaire-dominated society free of troublemaking workers and unions, free of having to pay taxes and having to answer to NO ONE.

Billionaires have written the future and they wrote workers and voters OUT of their billionaire-dominated American society.

Billionaires have concluded they need to build more jails and prisons to handle the unwashed masses as the American dream vanishes before their very eyes and public pushback against the rich and powerful grows.

George Carlin was not kidding when he said,

"IT'S A BIG CLUB AND YOU AIN'T IN IT."