The Prosperity Mandate: A Sustainable Economic Recovery Plan

Just released via PRWeb:

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’

Tags: economic recovery plan, Fund America, green monetary policy, sustainable economic recovery

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 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.

Tags: economic recovery plan, job creation

Comment just posted on Huffingtonpost.com

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.

Tags: economic recovery plan, job creation, new monetary policy

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! Continue Reading »

Tags: current, Economic Crisis, economic recovery plan, economic stimulus, Fund America, job creation, new monetary policy

Here is the missing piece to the Obama recovery plan and stimulus package: rocket fuel for the economic engine.  Fund America as proposed by The Prosperity Mandate creates 5 Million jobs in 18 months.  This plan provides for $1 Trillion cash infusion into the banking system and on into the economy with NOT $1.00 of direct government funding.  The Fund America plan is budget neutral and is the first sustainable and renewable stimulus plan ever!

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Tags: capital gains, economic recovery plan, stimulus, tax credit

The following letter was sent via USPS mail to President Obama this morning. Please read and add your comments below. If you wish to support our efforts to get this message to Congress and the President, please sign our petition. By signing, you are not endorsing every aspect, only asking that these ideas be considered as a creative solution to a difficult problem.

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Tags: economic recovery plan, job creation, obama, obama speech, Stimulus Plan

An Open Letter to President Obama:

Mr. President, here is a house warming present - one that will address our current economic crisis. This is the challenge facing your new home and position. This will garner bi-partisan support and will be passed by Congress.

We really are in such a predicament that no matter what the government does to stimulate the economy it is unlikely to have a lasting enough and widespread enough impact. Simply pay attention to words like “approaching zero interest rate”, “recession”, “deflation”, “cash hoarding” and, then, listen to the alarming sound of the closing bell of the major exchanges. Sure there are some readily identifiable scoundrels, but let’s all stop for a moment and take a little more responsibility than blaming convenient villains. All of us have sprung this Liquidity Trap and it is a very real financial crisis, on both the corporate and personal level.

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Tags: current economic crisis, economic recovery plan, financial crisis, recovery program, sustainable economy welfare