Comments on: A Workable Economic Recovery Plan? http://www.theprosperitymandate.org/blog/economic-recovery-plan/ A Sustainable Solution To Our Current Economic Crisis Sat, 04 Feb 2012 10:45:43 +0000 http://wordpress.org/?v=2.7 hourly 1 By: admin http://www.theprosperitymandate.org/blog/economic-recovery-plan/comment-page-1/#comment-50 admin Tue, 17 Feb 2009 02:21:26 +0000 http://www.theprosperitymandate.org/blog/?p=61#comment-50 We're getting beter... due to your comments. Should have a Web Petition and a Facebook Casue page up this week. We’re getting beter… due to your comments.

Should have a Web Petition and a Facebook Casue page up this week.

]]> By: Neal Katz http://www.theprosperitymandate.org/blog/economic-recovery-plan/comment-page-1/#comment-49 Neal Katz Tue, 17 Feb 2009 02:19:11 +0000 http://www.theprosperitymandate.org/blog/?p=61#comment-49 Matt - The intent is for it to be an EXTREMELY attractive investment - no tax on the interest earned, 10% tax credit, and Government guarantee on the principal if there is a bank failure (which would not happen with a large infusion of deposits). All this is intended to draw in the enormous amount of monies sitting on the side lines. Even more monies will be available, due to companies, and individuals wanting to lower their tax liability when the Fund America Tax Initiative takes away tax subsidies that DO NOT CREATE JOBS - Capital gains tax, depletion allowances, accelerated depreciation, and certain farm subsidies. Please ask any other questions -- it helps us make our thoughts more crystal! Matt -
The intent is for it to be an EXTREMELY attractive investment - no tax on the interest earned, 10% tax credit, and Government guarantee on the principal if there is a bank failure (which would not happen with a large infusion of deposits).
All this is intended to draw in the enormous amount of monies sitting on the side lines.
Even more monies will be available, due to companies, and individuals wanting to lower their tax liability when the Fund America Tax Initiative takes away tax subsidies that DO NOT CREATE JOBS - Capital gains tax, depletion allowances, accelerated depreciation, and certain farm subsidies.
Please ask any other questions — it helps us make our thoughts more crystal!

]]> By: matt http://www.theprosperitymandate.org/blog/economic-recovery-plan/comment-page-1/#comment-47 matt Tue, 17 Feb 2009 02:04:15 +0000 http://www.theprosperitymandate.org/blog/?p=61#comment-47 this is very readable; the story of the FINCA microloan is a fascinating case study. As I understand it, today's volatile and bearish market means that interest earning, insured CD's - along with tax credits - would be considered by many to be a good, safe, investment. Is this correct? It doesn't seem like it conflicts with capitalist interests in any way; it seems like capitalist investors would consider investing in such a program merely for the guaranteed rate of return. In fact, it seem as though investors might jump at the chance. Am I right in seeing things this way? Thanks for writing this. The website has a great deal of macroeconomic terminology that confuses me; I enjoy the blog postings for their lucidity. this is very readable; the story of the FINCA microloan is a fascinating case study. As I understand it, today’s volatile and bearish market means that interest earning, insured CD’s - along with tax credits - would be considered by many to be a good, safe, investment. Is this correct? It doesn’t seem like it conflicts with capitalist interests in any way; it seems like capitalist investors would consider investing in such a program merely for the guaranteed rate of return. In fact, it seem as though investors might jump at the chance. Am I right in seeing things this way?

Thanks for writing this. The website has a great deal of macroeconomic terminology that confuses me; I enjoy the blog postings for their lucidity.

]]> By: SW http://www.theprosperitymandate.org/blog/economic-recovery-plan/comment-page-1/#comment-13 SW Mon, 02 Feb 2009 02:06:54 +0000 http://www.theprosperitymandate.org/blog/?p=61#comment-13 Hello, I read your prosperity mandate proposal today and try as I might, I could not find anything wrong with it. In fact, I think this idea neatly ties many troublesome ends together, and it seems simple and easy enough for anyone to understand. Since you are asking for feedback, I have one small comment... it strikes me as a little odd that there are no comment entries in the blog... can it be possible that the site is so new that there are no entries yet? In any case, bravo, I will share the plan with my friends. SW Hello,
I read your prosperity mandate proposal today and try as I might, I could not find anything wrong with it. In fact, I think this idea neatly ties many troublesome ends together, and it seems simple and easy enough for anyone to understand. Since you are asking for feedback, I have one small comment… it strikes me as a little odd that there are no comment entries in the blog… can it be possible that the site is so new that there are no entries yet? In any case, bravo, I will share the plan with my friends.
SW

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