Comments on: Current Economic Crisis: A Sustainable Solution http://www.theprosperitymandate.org/blog/current-economic-crisis/ A Sustainable Solution To Our Current Economic Crisis Sat, 04 Feb 2012 10:52:14 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Neal Katz http://www.theprosperitymandate.org/blog/current-economic-crisis/comment-page-1/#comment-59 Neal Katz Wed, 25 Feb 2009 01:43:52 +0000 http://www.theprosperitymandate.com/blog/?p=27#comment-59 Rich - Your skepticism has been well and repeatedly earned by our Government. TPM tries to give government the sole role of governing - through setting the vision, enacting tax initiatives and directing where the cash flows and what behaviors receive tax relief. The whole point of a strong, diverse, bi-partisan, Board of Advisors is to have that be the "General Manager" of the Fund America role out. For instance, low income housing would be "managed" by the TPM Board of Advisors who would contract with groups such as Habitat for Humanity - set up the entire Fund America TPM Program and monitor it. Internal administrative infrastruture will be necessary at TPM - and the funding for it is already built into the system. As programs grow, additional expertise will either be hired or contracted for. On major infrastruture programs, true informed Open Bidding competition would secure realistic best cost. To add a little bite to enforcement of any future abuses, the Tax Initiative or a separate Federal Law could make any financial fraud or misrepresentation in the pursuit of a Fund America TPM program severly punishable - perhaps 2 to 3 times the normal statutes and levels. Thank you for your good questions. Keep them coming as I think they help all of us understand the program better. Let us know what you think of the response. Neal Rich -

Your skepticism has been well and repeatedly earned by our Government. TPM tries to give government the sole role of governing - through setting the vision, enacting tax initiatives and directing where the cash flows and what behaviors receive tax relief.

The whole point of a strong, diverse, bi-partisan, Board of Advisors is to have that be the “General Manager” of the Fund America role out.

For instance, low income housing would be “managed” by the TPM Board of Advisors who would contract with groups such as Habitat for Humanity - set up the entire Fund America TPM Program and monitor it.

Internal administrative infrastruture will be necessary at TPM - and the funding for it is already built into the system. As programs grow, additional expertise will either be hired or contracted for.

On major infrastruture programs, true informed Open Bidding competition would secure realistic best cost.

To add a little bite to enforcement of any future abuses, the Tax Initiative or a separate Federal Law could make any financial fraud or misrepresentation in the pursuit of a Fund America TPM program severly punishable - perhaps 2 to 3 times the normal statutes and levels.
Thank you for your good questions. Keep them coming as I think they help all of us understand the program better. Let us know what you think of the response.

Neal

]]> By: Rich Day http://www.theprosperitymandate.org/blog/current-economic-crisis/comment-page-1/#comment-58 Rich Day Tue, 24 Feb 2009 22:53:05 +0000 http://www.theprosperitymandate.com/blog/?p=27#comment-58 I liked the example you gave. The micro example works fine. However, I don't have much hope that the macro type would actually work. I cannot see any reason why it shouldn't work. I just know that the government will muck it up with regulations, special adjustments state by state...you name it. From every point of view, it would be preferred to what they are doing now. I liked the example you gave. The micro example works fine. However, I don’t have much hope that the macro type would actually work. I cannot see any reason why it shouldn’t work. I just know that the government will muck it up with regulations, special adjustments state by state…you name it.

From every point of view, it would be preferred to what they are doing now.

]]> By: Sustainable Solution to Economic Crisis? http://www.theprosperitymandate.org/blog/current-economic-crisis/comment-page-1/#comment-15 Sustainable Solution to Economic Crisis? Tue, 03 Feb 2009 18:18:48 +0000 http://www.theprosperitymandate.com/blog/?p=27#comment-15 [...] helping a new client with a brilliant, revolutionary sustainable solution to the current economic crisis. Check it out and pass it [...] [...] helping a new client with a brilliant, revolutionary sustainable solution to the current economic crisis. Check it out and pass it [...]

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