I am going to show how you, together with friends and neighbors, can employ the time honored principles of wealth creation, to create new wealth and thus convert this country from labor based, to profit based subsistence.
The Real Reason Jobs Are Being Lost
Automation has quietly entered the workplace. Virtually everything mass produced today is built by machines, and not so much by offshore "cheap labor" as we have been led to believe. It's the real and very well hidden reason, why "jobs" are disappearing. With that in mind, consider that there are only two ways to earn a living; earnings on the sale of one's labor or earnings on investment, or profit. Even taxes are downstream from these two.
We are a micro capitalistic society in that very few of us are capitalists. Virtually all of us earn our daily bread by selling our labor in the labor marketplace. The Sperry Plan will change that. It will turn all who participate into super capitalists and it will do it quickly, inexpensively ($10 a wk.) and safely.
The Sperry Plan would result in the very rapid creation of many small, local investment companies of 18-35 people, organizationally modeled on traditional venture-capital groups. These companies would not be retail, wholesale, manufacturing, processing, sales or service companies. They would be, one and only one thing, investment companies.
These companies would invest from a pool of capital derived from the contribution by each member of $10 a week. No more than this amount will be allowed. Indeed, no more than this amount would be needed, it's plenty. Other than contributing $10 a wk, the only other thing a company member would have to do, is to occasionally vote on the selection of investments. This might take a couple of hours, once a month. That's all that is required, nothing else.
To succeed, it is only necessary to not fail. The Sperry Plan has a built-in fail-safe feature. This feature will not just prevent failure, but will actually force success. It consists of: One, each company would only invest in those businesses that deliver products or services their members would normally use anyway. Two, many companies would join together, each company only investing a tiny fraction of the required investment.
Many investors, then become, many customers. "Good" customers, that would never let their business fail for lack of business, as all they have to do is purchase from their own business that which they would normally be buying anyway.
An Example: If a thousand customers a week would be needed to make a business successful, then that business would require a minimum of a thousand investors, to achieve fail-safe status. A thousand investors, equals a thousand 'good' customers.
Think about it. If you owned a piece of a business and you needed a product or service that your own business could provide you with, who would you make every effort to buy from? Your competition, or your own business? That's like asking: "If you were playing a basketball game, would you take points away from your own team and give them to the other team, if you didn't have to?"
If the U.S. business/financial system won't or can't provide the jobs necessary for people to sustain themselves, then why not create your own jobs, by creating businesses that are funded by your own investment company. This way you make it on both ends, wages and profits. And since you're commiting to buying from others like yourself, you virtually guarantee success, because the only real trick to a successful business, is getting the required number of 'good' customers into the business on an ongoing, continual basis. Right?
The Complete Plan
Your company could be up and running in just a few days. It requires very little in the way of interaction between participants, even during the vote process. Plus, it can easily operate in parallel with and enhance other plans, including the President's Stimulus Plan.
People are telling you the sky is falling, this is the end. Baloney! Don't believe 'em! This is only the beginning! Our best days are ahead of us! The Sperry Plan will save us if their is trouble ahead and only enrich us if their isn't. Don't believe me? Read the plan. Especially the numbers presented in the sections "A Real Life Example" and "An Example Of Compounded Profits". Just see if you don't agree. Besides, what's the most you could lose? Ten bucks a week and a couple of hours a month. Sure beats the lottery/mac
c. May 17, 2009 - M. J. Sperry - All rights to this work are relinquished to the public domain, but only if reprinted in its entirety, including discalimer.