The economy can be easly fixed withut the righ. Our ecoomic system is really Industrial and has provided us with trllions of dollars of unused crefit which we can give to everyone to spend. Consumer dollars to people is the fuel that drives our ecoomy not investment dollars to banks and corporations. So get bus and hav4 the government issue money to people to spend. Charles H. Seitz cuseitz@voicenet.com
chseitz
Latest Comments view all 5
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Dear Judy Comcas: If the covernment gave everyone just a little money, yes they would save it so that they would not live beyond their means but I plan to gie them an amount beyond their manss that is what they would save.a a thousand dollars a month for veryone . There is plenty os money but it is invisible as credit the industrial system has creaed. It is like a bank loan. If you do not pay it back you are in troouble.In the Industrial sysrem all money earned as salary or wages should be spent that is paid back …
Posted to Can the Rich Really Save Us?
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Hii ! Guest Opinion Economic solution The solution to the economic problem is simple but It it is difficult to explain. We live in the fantacy that our economy is mercantile when in fact we live in an industrial society with an industrial economic system. These two systems are as differnet as night and day, or baseball and football. The trouble is that the industrial economy is made to follow the rules of the mercantile system and therefore our economy is a mess. Suppose that you went to a baseball game and the umpire and refereess went by the rules of …
Posted to How to Create New Jobs Now—and Why
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Times awastin'! While you are sitting , the country is going to Hell. We need to act now. We need to get money to consumers fast. Start with the unemployed and then those too poor to afford the subprime mortgages they bought and give them money to cover their premiums so that they can own and live in their houses.Give money to collges and universities to cover tuition. Then give everyone a thousand dollars a month for sppending. This will take us out of the doldrums and put us back in business with full employment and a prosperous economy. The money …
Posted to How to Create New Jobs Now—and Why
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Of course the War Budget adds to our credit crunch but the main reason is the fault of the Fed which borrows money by selling bonds to china and Japan to erase the deficit. Among other tings this causes inflation. The deficit doesn't have to be erased. For that rationale ggo to mt personal website at
Posted to Escape From Recession
- Joined February 18, 2008
- Last Visit November 13, 2009
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