Thursday, March 17, 2016

Money Has No Limits

Made by Computer

Every time one Political Group wants the Government to spend money to accomplish some program, another Group will claim that we cannot spend money the Money because we don't have the money. We must run the Government like a Business and balance the Budget

What we can or cannot do has never been a lack of money. There are no limits to money. The Constitution gives the Congress the power to create it.  The Federal Reserve was created by Congress for the purpose of creating all money to be uniform. Before that the Congress and Abraham Lincoln  created Greenbacks to finance the Civil war. The Quantitative Easing [QE] program was made possible by the Federal Reserve having the power to create any amount of Money it needed  It is the failure of Congress to vote to spend what is necessary to grow the Economy. As long as you have Labor, Productive Capacity and Raw Materials, money can be supplied by the Federal Reserve System at ZERO % interest to accomplish anything we need to grow the Economy.

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Thursday, March 3, 2016

Capitalism without Poverty

Universal Basic Income

If Congress used the power it was granted by the Constitution to create & manage the Money supply,there would be no limit on the Federal Budget. The National Government could free the people from bondage of Poverty and still retain the Market Capitalism that rewards exceptional performance

If the National Government created Universal Supplemental Security Income (SSI) above the Poverty level with no "Means Testing" by the Bureau for Begging, there would be sufficient food, adequate Shelter, and effective Medical Care for all. This would eliminate Government Bureau intrusion into everyone's life and the Free Market Capitalism continue as is.

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