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Solving the financial crisis with new laws

by Jeff Franklin

Created on: December 26, 2008

Besides sterilization, there are six actions necessary to totally cure not just America's, but perhaps the global, economic crisis. These actions are: 1) ban capitalism, 2) ban income taxes, 3) ban inflation (price increases), 4) ban "free trade", 5) ban stock market/exchanges, 6) ban all lobbying and "special interests". It's that simple.

The following are just some of the beneficial consequences of the above six national economic bans & cures that you start witnessing overnight: complete nationalization of all industries; federal reserve bank supplying immediate cash to all persons (not just banks) for all the present personal debt or asset loss caused by the recent economic meltdown, including, but not limited to, mortgages, vehicle loans, credit cards, health and educational expenses as well as retirement/401K value restoration, and permanent compensation for lost jobs and careers. All future health care and school & college education would be made free for all. (Fed Reserve cash, instead of the illegal, unconstitutional income taxes, would also supply all funds needed to fix and modernize our entire infrastructure of highways, bridges, utilities, ports and communications to boot.) Now for the citizen to receive the Fed Bank cash for debts, free education & health care, etc., the citizen would be in one of these categories: working, continuing at present job, be looking for jobs, be retired, be on disability, be age 60/plus, or be attending school or college (any age). Note here: NO ONE FALLS THROUGH THE CRACKS (OR CANYONS) IN THIS SYSTEM!

Since trade would no longer be "free", one of many regulations for the new trade would be the full restoration of tariffs we would collect on imports. This revenue would replace the illegal tax the government stole from its citizens for generations past.

The permanent freeze on the prices of all goods and services would negate or totally offset the currency "inflation" effect that pumping trillions of dollars into the "main street" economy by the Fed would otherwise have.

This economic cure allows a coming out party for technology (and its future) by banning all lobbying and all special interests. The tooling up for mass production of technology would create jobs because of a change of patent law: i.e., patent protection would be lost after six months if the invention of patent is not in mass market or R & D for hopeful near future mass market. (No more inventions could be bought just to be put away in safes and vaults, never to see the light of day again.) The formerly paralyzed technology could now be mobilized for the full public benefit (hence jobs, energy independence, economy, savings, efficiency, improved health, advance of applied science, etc.).

The playing field would be finally leveled. No more corruption, cover-ups, special favor nor hanky-panky in any business or commerce would ever be tolerated again!

Learn more about this author, Jeff Franklin.
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