The Prosperity Mandate (a non-profit, information only group) has launched a national campaign calling for a sustainable and renewable national monetary policy. TPM is asking every citizen in America to tell President Obama: “I want to invest in America.” A current day version of FDR’s War Bonds, the FundAmerica plan provides a new source of $2.5 Trillion and: Is Budget Neutral, Does NOT Raise Taxes, Requires No More Debt and, Is Sustainable and Renewable.

Portland, OR (PRWEB) May 8, 2009 — The Prosperity Mandate (a non-profit, information only group) has launched a national campaign calling for a sustainable and renewable national monetary policy. TPM is asking every citizen in America to tell President Obama: “I want to invest in America.”

“The greatest resource and the greatest net worth in America is in US - the citizens.” says TPM founder Neal Katz. “Collectively we hold more power and more money than even our government. It is time to tap our greatest reserves: Mr. Obama - I want to invest in America.”

Read the release here via PRWeb then take the simple action on the main site and please pass it on…

Finally, A Sustainable National Monetary Policy: ‘I Want to Invest in America’

I WANT TO INVEST IN AMERICA!

I want to invest in America.  I want protection and incentives for my money.  I want a FundAmerica plan.   President Obama:  I want to invest in America!

Faced with the dilemma of financing WWII President Franklin D. Roosevelt received adamant advice to raise taxes and introduce a forced savings program.  Instead, FDR wisely followed the advice of Secretary of the Treasury Henry Morgentthau, JR., who working with Peter Odegard, a political scientist specialized in motivating masses (read propaganda) created the War Advertising Council.  The result was a whopping $187.5 Billion ($2.5+ Trillion dollars adjusted for inflation into 2009 dollars) to fund the war effort.  Just as important as the money, the War Bonds became a rallying cry for the public to express its patriotism, follow its iconic leaders’ calls for action, and allowed for 85 million Americans to actively participate in the War effort.

The threat to our country in 2009 is greater than in early 1940.  Not only is our economic survival threatened, but, our survival as a species on this planet teeters on a dangerous fulcrum.   Though it should come as no surprise, the Comptroller of the Untied Stares, David M. Walker, concluded in January 2008:  “Current Fiscal Policy Is Unsustainable:  The “Status Quo”is Not an Option: * We face large and growing structural deficits largely due to known demographic trends and rising health care costs. * GAO’s simulations show that balancing the budget in 2040 could require actions as large as:  Cutting total federal spending by 60 percent or; Raising federal taxes to 2 times today’s level.” (see PDF doc on this).  Sounds a lot like what FDR was being told.

You can help, send an email, fax, or call President Obama with this simple message:  I WANT TO INVEST IN AMERICA!

NO MORE DEBT, BUDGET NEUTRAL, DO NOT RAISE TAXES , SUSTAINABLE AND RENEWABLE MONETARY POLICY… these are tough imperatives to address and still come up with a new source of $2.5 Trillion.  But there is a way - The FundAmerica plan proposed by The Prosperity Mandate - and here is how it works:

Tax incentives will be passed to encourage the public to participate in the FundAmerica plan.  The incentives are a 10% Tax Credit on the full amount deposited into a Fund America Program, plus interest earned is tax exempt;  further the U.S. Government will guarantee the deposits against institutional failure.  The plan calls for funding via purchase of 5 year Bank CDs that are then pledged as collateral for the bank to make FundAmerica authorized program loans.  To become authorized, a program must demonstrate and be able to buy insurances a full “Pay Back” scenario, be it sale upon completion, through permanent long term financing, sale of future revenues, or other pay off structures.

The FundAmerica Depositor will be able to direct his funds to a menu of aggregated funds for specified qualified programs, such as, Infrastructure - Hi-Tech, Brick and Mortar, and Utilities, Urban Renewal, Job Training & Placement, Higher Education, Low Income Housing, Micro-Finance, Green Economy, Bio-Sphere and Medical R & D.

Up to $10,000 FundAmerica investors would participate in Master Limited Partnerships (MLP) that would aggregate and pass through the tax benefits.  Over $10,000 FundAmerica investors can go to their local banks and open a FundAmerica Account.  Reaching $2.5 Trillion will be easier than raising $185.7 Billion in 1944 as there is a far greater concentration of wealth, with 20% of Americans owning 85% of the Net Worth.   Nowadays, you have to convince less people to move larger amounts of monies!

My next article will detail how this is Budget Neutral proposal, why people will want and NEED to participate, how the safeguards and risk management works, and how this funds liquidity in the economy and becomes sustainable and renewable national monetary policy.  You can follow articles on Twitter at http://twitter.com/nealkatz

For full details on the FundAmerica plan you can visit http://www.theprosperitymandate.org

Send President Obama a message:  I WANT TO INVEST IN AMERICA!

Oh wait, that is EXACTLY how we got into this mess int the first place. Isn’t it time for some new concept or thought? Wouldn’t it be nice to fund the Banks with $1 Trillion in DEPOSITS that are mandated to loan into the economy for job creating projects?

Wouldn’t be even better if the entire $1 Trillion came from the public (individual, corporate, and retirement funds sector) without a single dollar - that’s right not $1.00 of direct government funding. There exists a detailed plan and Tax Initiative Proposal that accomplishes all that and much more. If you want to really help solve the current economic crisis and build a sustainable and renewable funding of expanding economy, then get involved and Fax the White House asking them to take a serious look at this Budget Neutral proposal that creates 6 Million jobs in the next 30 months.

Creating leverage (at a  cost to every tax payer alive and to be born in the next several decades)  to inflate the price of the toxic assets, excuse me - “legacy loans” is certainly maddening and perhaps madness.  I thought the point was to deal with the real issues, not prop up some balance sheets based on ridiculous access to leveraged loans. Oh wait, that is EXACTLY how we got into this mess int the first place.

Isn’t it time for some new concept or thought?

Wouldn’t it be nice to fund the Banks with $1 Trillion in DEPOSITS that are mandated to loan into the economy for job creating projects?
Wouldn’t be even better if the entire $1 Trillion came from the public (individual, corporate, and retirement funds sector) without a single dollar - that’s right not $1.00 of direct government funding.

There exists a detailed plan and Tax Initiative Proposal that accomplishes all that and much more.  If you want to really help solve the current economic crisis and build a sustainable and renewable funding of expanding economy, then click onto:

http://www.theprosperitymandate.org

Get involved and Fax the White House asking them to take a serious look at this Budget Neutral proposal that creates 6 Million jobs in the next 30 months.

Barack Obama ascended to the Office of the President of the United States due to his incredible perseverance - and BRILLIANT INNOVATION.  Having secured the highest office the focus has now shifted to creating a sustainable economic recovery.  The number one question growing in intensity, volume and magnitude is - How are you going to fund all these wonderful agendas?

Look to the history of the election.  Thinking “outside the box” Team Obama went to the least likely and most underrated source for funding, a populous movement based on small (by traditional political contribution standards almost miniscule) contributions by millions of donors.  This brilliant innovation provided for an involvement and co-ownership of the process that set a new bar for campaigns.  Now is the time to apply this same brilliant innovation to a new monetary policy that funds a sustainable economic recovery and beyond.  This would also address the question, “Mr. President, what are you asking the American public to do”?

So, what is the National Fiscal Monetary Policy equivalent to a populous political campaign funding?  The two key elements are: 1) Go to where the money is; and 2) Provide for widespread participation and involvement.  During the election the money was available from every conceivable source, summarized and projected onto a national level, we can simply call it the national Net Worth.  The issue is how to provide for Net Worth to be invested in funding a sustainable economic recovery and lay the foundation for a green economy.  Americans across the nation are yearning for a call to action.

Even after the dramatic loss in the stock markets, there exists today roughly $70+ Trillion of Net Worth in America.  This means that when the Obama Administration creates a way for just 1.5% of this amount to participate in funding the recovery the result would create a $1 Trillion ‘FundAmerica’ Super Fund without a single $1 of direct government funding!  This $1 Trillion would create 5+ Million jobs and can be re-used and re-cycled to do so again.  Not only is ‘the devil is in the details’, but, in addition, this new BRILLIANT INNOVATION has to be budget neutral and provide adequate incentives to get the public to fund it.  Tough task?  Not really.

Imagine a change in the tax code that gives FundAmerica ‘Super Fund’ investors the following advantages.  The investment is in the form of buying either a CD (with the total principal amount of the CD insured by the full faith and credit US Government against bank failure), or investing in a Master Limited Partnership that aggregates funding and buys the same type of CD.  The investor receives a 10% tax credit on the total CD deposit amount AND the interest income on the CD is tax free.  The entire amount of the CD has to be pledged as collateral for a qualifying Pay Back scenario FundAmerica Loan with mandatory risk management provisions.  The easiest example of this would be a construction project that purchases a completion bond on the construction and has permanent or take out financing in place in the form of either traditional long term financing or sale of a future revenue stream to a fixed income investor (from usage fees such as tolls on a road or tickets on a public transportation system).  The long term financing pays back the construction loan and releases the CD collateral pledge - hopefully, to be renewed and used again - in the aggregate for another $1 Trillion.

The 10% tax credit would ‘cost’ the U.S. Government $100 Billion in revenues,, so to make this amount Budget Neutral, we would have to tighten or obviate current tax discounts that have no impact on creating jobs.  This means ending capital gains, oil depletion, and accelerated depreciation treatments for anything that does not directly fund job creation.  The end result is that the only true ‘tax haven’ will become the FundAmerica authorized programs and the money will flow into the programs.

For more detailed discussion,  a list of qualifying programs, and the opportunity to forward the information to your President, Senators, and Congressional Representatives click onto the information only not for profit website:  www.theprosperitymandate.org

Does it seem odd that as a nation, we need to turn to a notorious bank robber (or at least the quote attributed to him) to find the answer and key to a sustainable economic recovery?

When asked why he robs banks, Willie Sutton, famed bank robber, replied, “Well, that is where the money is!”  This quote has become a shorthand reference applied from engineering to business models.  The message is to first look for the OBVIOUS solution, and worry about more complex ones later.

Where is the money? In the United States there is currently (approximately) $4 Trillion sitting in Money Market Funds and another $65+ Trillion in diverse forms of Net Worth.   Perhaps it is time for the Obama Administration to take advice from Willie Sutton - Tap into where the money is!

Since direct theft, while common of late, is still not legal, the challenge is for the government to provide adequate incentives to cause a percentage of the net worth to become invested into the Agendas so clearly defined and advocated by President Obama.  The following is a Monetary Policy to create a $1 Trillion “FundAmerica” SuperFund to finance a full and sustainable economic recovery creating 5 million new jobs in 24 months.

Budget Neutral - a.k.a. Negative Reinforcement:  Terminate the tax discounts that do not directly fund job creation and investment in America.  Limit Capital Gains on existing stocks to $25,000 per year (keep full Capital Gains for purchase of Initial Public Offering shares).  Terminate Oil Depletion Allowances.  Terminate Farm Subsidies.  Terminate accelerated depreciation - except for Capital Equipment.  Terminate Capital Gains on Real Estate after the first $500,000 of gain.  Terminate 1031 Exchange avoidance of even paying Capital Gain tax.  This creates a BIG STICK to force people into the Positive Reinforcement and only remaining tax discount vehicle.

FundAmerica - a.k.a. Positive Reinforcement.  Create a  10% Tax Credit to anyone who invests in a FundAmerica Program and the interest earned on the investment is tax free.  Investment takes the form or either directly buying a CD ($100,000 or more) at a major bank or investing in a Master Limited Partnership ($100 or more) that does the same thing.  CD principal is guaranteed against bank failure by the US Government.  The CD has to be pledged as collateral for a Fund America PayBack Scenario Loan that funds economic recovery programs that are pre-qualified for two primary requirements - 1) the program has to result in a payback of the loan; and 2) the activity has to qualify for and purchase a completion or assurance type guarantee.

The easiest example of this would be a construction project that purchases a completion bond on the construction and has permanent or take out financing in place in the form of either traditional long term financing or sale of a future revenue stream to a fixed income investor (from usage fees such as leases on real estate, tolls on a road, power from a utility, or tickets on a public transportation system).  The long term financing pays back the construction loan and releases the CD collateral pledge - hopefully, to be renewed and used again - in the aggregate for another new $1 Trillion, becoming renewable and sustainable.

• $1+ Trillion FundAmerica Superfund;
• Not $1 of direct government funding;
• 5+ million new jobs in 24 months;
• Renewable and Sustainable Economic Recovery Plan.

This works and YOU need to take action.  Tell your President, your Senator, and your Representative to look at the detailed explanation and proposal on this website: http://theprosperitymandate.org

Read his article at:
http://www.washingtonmonthly.com/features/2009/0903.galbraith.html

and then take action on this site to ask your President, Senator, and Representative to study the Monetary Policy for a sustainable and renewable economic recovery.

Except from his excellent article:

Barack Obama’s presidency began in hope and goodwill, but its test will be its success or failure on the economics. Did the president and his team correctly diagnose the problem? Did they act with sufficient imagination and force? And did they prevail against the political obstacles—and not only that, but also against the procedures and the habits of thought to which official Washington is addicted?

The president has an economic program. But there is, so far, no clear statement of the thinking behind that program, and there may not be one, until the first report of the new Council of Economic Advisers appears next year. We therefore resort to what we know about the economists: the chair of the National Economic Council, Lawrence Summers; the CEA chair, Christina Romer; the budget director, Peter Orszag; and their titular head, Treasury Secretary Timothy Geithner. This is plainly a capable, close-knit group, acting with energy and commitment. Deficiencies of their program cannot, therefore, be blamed on incompetence. Rather, if deficiencies exist, they probably result from their shared background and creed—in short, from the limitations of their ideas.

First and foremost the Government MUST stop writing checks for anything that can be structured as a Pay Back scenario.  This paradigm has been proven effective with the over 30 year history of the Micro-Finance industry.  To get One Percent of the estimated $100 Trillion national net worth sitting on the sidelines actively invested in building the economy, and implement the Fund America plan there are 6 steps:

1. Change The Tax Code: Focus on a single purpose - CREATE JOBS.  Take away all the deductions or lower tax brackets that do not directly create jobs or put funds into the economy.  Example:  The 60% subsidy on income tax for Capital Gains on existing shares of public companies (non Initial Public Offering shares).
   
2. Enact the Fund America 10% Tax Credit: This will fund $1 Trillion to CREATE JOBS by rewarding the purchase of Certificates of Deposit purchased at a bank and then pledged as collateral for a Fund America program authorized loan.  Because of the loss of confidence in the banking system the Government will have to guarantee the Deposit amount.
   
3. Enact Tax Free Income on Fund America Cds: CREATE JOBS by further incentivizing the CD deposits by making the interest earned on the CDs exempt from income tax.
4. Authorize Fund America Programs: Deploy and CREATE JOBS with $1 Trillion funding through Fund America programs for infrastructure construction, vocational training, low income home building, green energy and Biosphere Research & Development and implementation, micro-finance, urban renewal, higher education, and medical and ecological technology Research and Development.
5. Create Oversight and Real Time Transparency: Allow a pre-eminent Board of Advisors to oversee the entire Fund America Program and maintain active risk management and full accountability
6. Sustain and Renew: Once the loans to Fund America programs have achieved full take out with permanent financing or Pay Back and the CDs are released from the collateral pledges.  Allow the CDs to rollover and be re-pledged for new Fund America programs with the same tax benefits earned again, again, and again.

This plan works. To learn more, and to take action, go to:
www.theprosperitymandate.org

GREAT for you that your investment in humanity has also shielded you from the current economic crisis and stock market carnage.  A 3% annual compounding return would be extremely attractive to every Mutual Fund in the world right now!  What a wonderful world we live in when following your altruistic imperative you also reap wonderful rewards and enjoy financial safety!

Fred - now that you have personally witnessed the power of the Micro-Finance financial paradigm, look into that same paradigm being applied to the U.S. Economy in whole.  In addition to funding Micro-Finance, the new FUND AMERICA recovery plan proposed by The Prosperity Mandate organization,  funds the Code Green Economy as descriped by Thomas L. Friedman, Vocational Training, InfraStructure Construction, Urban Renewal, Colege Education, and even Venture Capital efforts — ALL using the “Pay Back” paradigm of Micro-Finance.

To stimulate an infusion of $1 Trillion and creation of 5 million jobs in the next 18 months, the Fund America proposal calls for further rewarding your investment strategy with a 10% Tax Credit AND the interest is earned Tax Free!

When originally presented to John Hatch at F.I.N.C.A. the American founded Micro-Finance organization (www.villagebanking.org) his reaction was … “I think you have developed a scenario that can actually finance the end of world poverty”.

Please review and then share your thoughts and forward to your associates the detailed proposal for a sustainable and renewable stimulus plan at www.theprosperitymandate.org The goal is to get this enacted into law and start funding not only America’s recovery - but ascension!

Please help me get the word out.

Neal Katz - Founder TPM
Original email:
Subject: Why my investments continue to grow as stock and housing prices plunge

Dear friends,

As stock prices fall to levels not seen in 12 years, consider that the stock market is in a sense legalized gambling. Consider also that the stock exchange only serves large corporations, so all money invested supports big business with little to no direct benefit to those most in need in our world. That is why I  took all of my investments out of the stock market years ago. Because I shifted everything to secure microcredit investments, which directly help those most in need, my investments have increased in value every year, even as the market crashes.

About 10 years ago, when I first learned about microcredit, I decided it was time to put my money where my mouth is. The stock market at the time was growing leaps and bounds. I had shifted all of my investments to socially responsible stocks many years earlier, yet I knew that if I really wanted to help transform the world, I had to get out of the stock market and support the most socially progressive investment vehicles available. As a result, within a few years, I had transferred all of my retirement investments and savings into microcredit. I gave up the big returns, knowing that the return to the humanity worldwide was well worth it.

Little did I know that in the long run, my investments would end up being the most sound out there. While housing prices continue to tumble and the stock market has lost over 50% from its high not long ago, I’ve continued to gain 3% every year on my money. And as a sign of the times, the founders of the microcredit movement won the Nobel Peaace Prize in 2006.

With both housing and the stock market not looking to reverse their downward trends anytime soon, I invite you to seriously consider shifting to microcredit — not only as a way to stabilize your money, but also as a powerful way to work towards ending poverty and supporting those most in need with your investments.

For an excellent guide describing how microcredit works and how to transfer your investments to help build a brighter future for all, click here. And feel free to ask me any questions. I deeply believe that as ever increasing numbers of caring people decide to do the best thing for all humanity with their money, our world will dramatically transform for the better.

With very best wishes,
Fred Burks

P.S. For a wonderfully inspiring and educational online course which calls on each of us to be the change we want to see in the world, see http://insightcourse.net. It’s free of charge. The lesson on money at is both revealing and inspiring. See http://www.insightcourse.net/lessons/18a_money_matters.

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February 26, 2009

The President of the United States

Mr. President:

You have asked for ideas from the public — I have a detailed Financial plan based on the Micro-Finance paradigm that many agree will work. This proposal can work hand-in-hand with everything else you are accomplishing.

How do I get confirmation that someone you trust, has taken the time to review the Fiscal Monetary Policy Proposal and outlined Tax Initiative called FUND AMERICA available at

www.theprosperitymandate.org

Creating 5 Million jobs in 18 months, this plan provides for a budget neutral $1 Trillion Cash Infusion into the banking system and on into the economy without $1.00 of direct government funding. FUND AMERICA will fully fund a Code Green Economy (Thomas Friedman); Medical, Alternative Energy, and other R & D; infrastructure; vocational training; higher education; urban renewal, low income housing, and micro-finance. Jobs, jobs, jobs. In fact, FUND AMERICA will fund so many necessary projects (your stated priorities!) that the Budget can focus on the more difficult tasks - the proper domains of government intervention. Best of all, on top of the government not directly funding $1.00 this funding mechanism becomes Renewable and Sustainable.

I keep spending (my family’s) money, time and effort to create public awareness. I’m tired! I’m alone! I’m just 1 person! Mr. President, all I want is to know that someone has seriously looked at the proposal. I do not seek compensation (other than my personal satisfaction that I contributed), you are welcome to “take over” the idea, I don’t have to be associated with it, perhaps better that I am not, and I never wanted to run it!

PLEASE, Mr. President, look at the proposal and you decide to use it in part or in whole, or not.

Hoping to hear back,

Neal H. Katz
Founder, The Prosperity Mandate
Yamhill, OR

P.S. I am and will continue to be a contributor and active participant, just as you ask.

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NOTE: If you have looked over the proposal and have a way to improve on it, or improve the way it is presented here, please enter your comments below. We have already modified the program twice based on reader feedback. This is a grassroots movement, and a model of democracy in action, using social media and word of mouth to spread the word. Though started by one guy in Oregon,  it really belongs to everyone, including YOU. Please contribute any additions you would want included in your own Prosperity Mandate program. Thanks!