Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter 9 Share on Facebook 12 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit 2 Share on StumbleUpon 1 Tell A Friend 3 (27 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   12 comments, 3 series
OpEdNews Op Eds

America is Not Broke!

By   Follow Me on Twitter     Message Scott Baker       (Page 2 of 3 pages) Become a premium member to see this article and all articles as one long page.     Permalink

Related Topic(s): ; ; ; ; ; ; , Add Tags  Add to My Group(s)

Must Read 9   Well Said 8   Valuable 8  
View Ratings | Rate It

opednews.com Headlined to H1 8/14/12

Become a Fan
  (81 fans)
- Advertisement -

4. Audit the local, state, and national Comprehensive Annual Financial Reports (CAFRs) (http://cafr1.com/). There are 10s of trillions of dollars in the 184,000 CAFRs nationwide. These funds, many invested outside the country, could be used to pay a citizen's dividend in perpetuity, ensuring a Basic Income Guarantee (BIG) for every American. There is $600 billion in California's pension fund alone, paying out just 4% a year to pensioners, whose "managers" rake in billions for often underperforming the market, while government acts as both regulator and investor in the Mother of All Conflicts of Interest! We need impartial accountants to comb through the CAFRs and to do so every year, for the benefit of the American people.

 

5.   Repatriate Offshore Accounts -- a new report http://www.nydailynews.com/news/world/report-21-trillion-hidden-taxman-offshore-accounts-article-1.1119613 by the Tax Justice Network (http://www.taxjustice.net) shows up to $32 Trillion is stored away in offshore accounts, away from tax authorities.   These funds are held by the top .001% in private accounts managed by the biggest of the TBTF banks, while their owners live in other places where middle class taxpayers pay for vital services and infrastructure instead. This subsidy for the wealthy is unsustainable and must be ended by repatriating these accounts or taxing them from foreign lands.

 

- Advertisement -

 

These are just 5 places to look for trillions in savings and relocatable funds.   There are others.   Pick one or find your own.   Find out about it.   Learn.   Become Active.   Join a group to effectuate change.   Fight.   And remember -

America Is Not Broke!

- Advertisement -

 

To discuss further, consider joining these groups...

http://groups.yahoo.com/group/EconomicReform/

http://groups.yahoo.com/group/LandCafe/

https://groups.google.com/forum/?fromgroups#!forum/public-banking

 

- Advertisement -

...and signing these petitions:
-- Replace Property Tax with Ground Rent in New York State - http://www.change.org/petitions/replace-property-tax-with-ground-rent
-- Tax Vacant & Unused Land to Return its value to the Community - http://www.change.org/petitions/tax-vacant-unused-land-to-return-its-value-to-the-community
-- Untax Production and Wages while taxing the use/abuse of natural resources. Polluters pay while workers and entrepreneurs profit from true production - http://www.change.org/petitions/a-new-form-of-capitalism-geonomics
-- Close New York State's budget Gap with money from its own agencies by setting up a State Bank - http://www.change.org/petitions/support-a-public-state-bank-for-new-york-state
- - Produce debt-free United States Notes - http://www.change.org/petitions/end-the-debt-crisis-with-debt-free-united-states-notes

Scott Baker

President of Common Ground-NYC - http://commongroundnyc.org/index.html

Next Page  1  |  2  |  3

 

- Advertisement -

Must Read 9   Well Said 8   Valuable 8  
View Ratings | Rate It

opednews.com

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Obama Explains the FEMA Camps

Was Malaysian Flight MH370 Landed Safely in Afghanistan?

Let the Sun Shine on a State Bank in Florida

Batman, The Dark Knight Rises...and Occupy Wall Street Falls

The Least Productive People in the World

Detroit is Not Broke!