Contents
- Introduction
- Preface
- Overview
- Relief Valve
- LECTURE 1: Why We Are In The Dark About Money
- LECTURE 2: The Con
- LECTURE 3: The Vatican-Central to the Origins of Money & Power
- LECTURE 4: London The Corporation Origins of Opium Drug Smuggling
- LECTURE 5: U.S. Pirates, Boston Brahmins Opium Drug Smugglers
- LECTURE 6: The Shady Origins Of The Federal Reserve
- LECTURE 7: How The Rich Protect Their Money
- LECTURE 8: How To Protect Your Money From The 1% Predators
- LECTURE 9: Final Thoughts
THE PANAMA PAPERS SHOW PROOF OF STRATEGY
AMERICA CAN AFFORD UNIVERSAL BASIC INCOME
ONCE AND FOR ALL THIS IS NOT A CONSPIRACY THEORY!
*** !!! Remember
The income of the richest 100 people could end poverty
4x four times over !!! ***
OFF SHORE BANKING AND TAX HAVENS SHOW THERE IS PLENTY OF MONEY
Rich people who don't want to pay taxes. And the system persists because there are a lot of politicians in the West who don't particularly want to make them. Mossack Fonseca is not a household name, but the Panamanian law firm has long been well-known to the global financial and political elite, and thanks to a massive 2.6-terabyte leak of its confidential papers"law firms like Mossack Fonseca are specialized to “protect” their clients from the law". The Panama Papers are international in scope, helping foreigners set up shell companies to hold financial assets while obscuring the identities of their real owners. Since its founding in 1977, it's expanded its interests outside of Panama to include more than 40 offices worldwide, helping a global client base work with shell companies not just in Panama but also the Bahamas, the British Virgin Islands, and other notorious tax havens around the world.
Gabriel Zucman, an economics professor at UC Berkley, has made the most detailed study of the question for his book The Hidden Wealth of Nations, and estimates that it totals at least $7.6 trillion. That's upward of 8 percent of all the world's financial wealth, and it's growing fast. Offshore accounts, shell companies, and inversions benefit the richest individuals and corporations while cheating hardworking families. Politicians around the world, including Republicans in the United States Congress, have refused to take any meaningful action to close these loopholes.
A UNIVERSAL BASIC INCOME VS THE "MORAL HAZARD"of the 1%
The reason more and more of the 1% in finance and Silicon Valley are in favor of the Universal Basic Income is because they see societal trends turning against them and they're proposal is basically: We'll take care of you if you just leave us alone!!
There's a simple way to end poverty: the government just gives everyone enough money, so nobody is poor.
A Universal Basic Income Is The Bipartisan Solution To Poverty We've Been Waiting For
6/22/16 Why Silicon Valley is embracing universal basic income In a pilot study influential incubator Y Combinator will hand over cash monthly to 100 families in Oakland, California. What’s UBI’s payoff for tech entrepreneurs?
12/14/15 Finland’s basic income plan could change everything the biggest step change in economic thought since the Industrial Revolution – it could signify the end of the link between hourly work and income, signalling the true end of the industrial age.
"DEMAND UNIVERSAL BASIC INCOME PLAN"
No ifs, buts, conditions, or tests. Everyone gets the minimum they need to survive, even if they already have plenty.
World Changing Ideas: In essence, is "universal minimum income" or "guaranteed basic income"—where, instead of multiple income assistance programs, we have just one: a single payment to all citizens, regardless of background, gender, or race. It's a policy idea that sounds crazy at first, but actually begins to make sense when you consider some recent trends.Instead of welfare payments, subsidies for health care, and tax credits for the working poor, we would take that money and use it to cover a single payment that would give someone the chance to live reasonably.
ABOUT BASIC INCOME - EXACTLY WHAT IS THIS?
GET RID OF TAXES AND REPLACE THIS WITH THE UNIVERSAL BASIC INCOME PLAN
For people who say basic income is socialist, I like to remind them that Milton Friedman was one of its biggest advocates.
https://blog.ycombinator.com/basic-income
Bill Gross in favor of a Universal Basic Income paid for with helicopter money.
Helicopter money, a term first introduced by famed economist Milton Friedman in 1969 and later championed by Ben Bernanke, essentially involves a central bank writing a fat check to the Treasury to pay for stimulus like tax rebates.
Swiss Govt Proposes Paying EVERYONE $2,500 a Month
Every Swiss adult resident would have the right to guaranteed basic monthly income of 2,500 francs a month, if a proposal to be submitted to voters this summer is accepted.
Swiss government proposes paying everyone £1,700 a month whether they work or not in a bid to end poverty… but insists most people will still want to get a job
Makes the country the first in the world to pay all of its citizens a monthly basic income regardless if they work or not.
Swiss residents to vote on referendum to guarantee basic monthly income It would be first country in the world to introduce unconditional income Radical plan was proposed by group of intellectuals.
Why Not People’s Quantitative Easing?
Professor Steve Keen about solutions to our unpayable debts, including: basic income, a People’s Quantitative Easing and a global debt jubilee. Professor Keen explains why a modern debt jubilee could please both debtors and creditors, savers and spenders.
https://www.youtube.com/watch?v=-f0ndVNbDO8
Dutch city plans to pay citizens a ‘basic income’, and Greens say it could work in the UK
Utrecht takes step towards paying people a salary whether they work or not
But developments in the Netherlands, and a parallel pilot in Finland, have bolstered Lucas’s belief that this idea’s time has come. The Royal Society of Arts has been examining the feasibility of the idea, as has campaign group Compass. To those who say it is an unaffordable pipedream, Westerveld points out the huge costs that come with the increasingly tough benefits regimes being set up by western states, including policies that make people do community service to justify their handouts. “In Nijmegen we get £88m to give to people on welfare,” Westerveld said, “but it costs £15m a year for the civil servants running the bureaucracy of the current system. We will save money with a ‘basic income’.” Horst adds: “If you receive benefits from the government [in Holland] now you have to do something in return. But most municipalities don’t have the people to manage that. We have 10,000 unemployed people in Utrecht, but if they all have to do something in return for welfare we just don’t have the people to see to that. It costs too much.”
HOW IT WORKS
■ A “basic income”, first proposed by Thomas Paine is an income unconditionally granted to all on an individual basis, without any means test or requirement to work.
■ It is paid irrespective of any income from other sources.
■ It is paid without requiring the performance of any work or the willingness to accept a job.
■ Advocates say it will allow people to genuinely choose what sort of employment they take, and to retrain when they wish.
■ Its proponents also claim that a basic income scheme is one of the most simple benefits models, and will reduce all the bureaucracy surrounding the welfare state, making it less complex and much cheaper to administer.
BASIC INCOME
-
The US, and the whole world, needs #basicincome
if we create the option for people to be able to choose not to work, genuinely choosing to work may result in even greater commitment, because it is suddenly a matter of choice and not force. Choice is a powerful motivator. - Basic income is entirely affordable given all the current and hugely wasteful means-tested programs full of unnecessary bureaucracy that can be consolidated into it.
- Basic income would eliminate the 100+ programs Sheahen Refundable Tax Credit we are already funding that we'll no longer require with a basic income, like TANF, SNAP, EITC, WIC, CTC, etc. in addition to all the many subsidies and deductions we could eliminate from the tax code itself.
POSITIVE MONEY VS. THE BANKS THAT RUINED EVERYTHING @PositiveMoneyUK @Vollgeldreform
The Institute for Policy Studies and the Center for Effective Government:
The study's co-authors, said its findings reflected "deep flaws in our corporate tax system."
Seven of the 30 largest U.S. corporations Boeing Co (BA.N), Ford Motor Co (F.N), Chevron Corp (CVX.N), Citigroup Inc (C.N), Verizon Communications Inc (VZ.N), JPMorgan Chase & Co (JPM.N) and General Motors Co (GM.N) paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study. In 2013 they reported more than $74 billion in combined U.S. pre-tax profits, came out ahead on their taxes, gaining $1.9 billion more than they owed. <here> Currently, the U.S. has what’s been dubbed a “worldwide” system, meaning that the federal government taxes income companies make across the globe. Corporations do get credit for taxes paid to foreign governments, and can defer paying what they owe the Treasury until they bring the earnings to the United States. Tax analysts and officials in both parties say the current set-up collects too little revenue, distorts business decisions and has played no small part in corporations’ decision to keep some $2 trillion in global earnings offshore. The U.S. needs to get away from a system that is “killing American jobs” and “eroding our tax base." Sens. Elizabeth Warren (D-Mass.) and John McCain (R-Ariz.) are reintroducing legislation to revive the Glass-Steagall Act, which would force big banks to split their investment and commercial banking practices. Glass-Steagall was first passed in 1933 but repealed during the Clinton administration, leading many progressives to argue that it contributed to the 2008 financial collapse.
http://readersupportednews.org/news-section2/318-66/31197-warren-mccain-introduce-bill-to-bring-back-glass-steagall