The Prosperity Mandate: A Sustainable Economic Recovery Plan

The Prosperity Mandate 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.”

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. Continue Reading »

Tags: Economic Recovery, FundAmerica plan, invest in America, war bonds

Thank goodness someone of the stature and sophistication of John K. Galbraith is identifying the terrible short fall of the current plans for an economic recovery.  Although he is not yet familiar with our program, he has essentially identified and is calling for a Monetary Policy as set forth by The Prosperity Mandate.

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.

Tags: Economic Recovery, economic stimulus, John Kenneth Galbraith, new monetary policy, recovery plan

Is it possible for one person with an original and unique idea change national fiscal policy and create a sustainable and renewable Economic Recovery Plan?  Humbly, I sure hope so.  I had better explain further, I hold no college degree; I am not formally trained in economic theory, and am not a captain of industry.  And yet, the following ideas are realistic and pragmatic, make economic and common sense, and need national attention.

The goal is to infuse $1 Trillion into the economy without $1 direct government spending. Based on creating PAY BACK scenarios, the Fund America economic recovery plan has the person, group, or community that receives a benefit PAY for it.  Financial responsibility instills self reliance, self respect and self empowerment.

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Tags: Economic Crisis, Economic Recovery, Fund America, National Fiscal Policy, Sustainable Economy