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

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

Dear Fred Burks -

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!

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Tags: code green economy, Fund America, micro-finance, microcredit

From an email exchange with TPM founder Neal Katz:

A few people have asked me what I think of the Prosperity Mandate, so I spent a little while looking into it and thought I would give you my impressions directly.

Frankly, I am highly skeptical of the proposal.  Though I haven’t read it in exhaustive detail (and don’t expect to be able to spend a lot of time on it), there are very many moving parts that would need to come together, and even if implemented, with no assurance they could be built quickly to scale.   The complexity is actually very high.  Too high, I believe.  As a former entrepreneur and venture capitalist, I learned to be very leery of deals that require many key things to come together to work because there are too many potential points of failure (ie high risk that is hard to mitigate) and it is hard to truly evaluate all the interactions and how they will play out.

NEAL: I can’t imagine a National Monetary Policy that would get us out of our current economic crisis not being fairly ‘complicated with a lot of moving parts’.  Seriously, can you?  If so, I would like to see how.

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Tags: Economic Crisis, economic stimulus, Fund America, National Fiscal Policy, Prosperity Mandate, recovery plan

The current economic crisis is accelerating.  It is time to take a hard look at what economic stimulus creates jobs and what does not!

The facts are alarming.  Initial jobless claims last month rose to 626,000, a 26-year high, according to the Labor Department. The number of claims by people continuing to apply for unemployment benefits reached a new record of nearly 4.8 million, by the end of 2009 unemployment claimants could exceed 10 Million Americans.

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Tags: economic stimulus, employment creation, Fund America, job creation, US Tax Code

Given the current economic crisis, news of $20 Billion in bonuses to Wall Street executives is not only exasperating and incredibly outrageous; it is a clear sign of a deeper systemic problem in our economy and society.  The core problem that needs to be addressed is not the amount of bailout funds, nor the programs that receive priority funding - important, yes, but not the core.   No economic stimulus package will work until two things are provided for, CONFIDENCE and TRUST.

Now is the time to redirect ill gotten gains and corrupted economic and social practices into the public good.  YES WE CAN!

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Tags: current economic crisis, Fund America, National Fiscal Policy, recovery plan, wall street bonuses

Finding a timely solution to the current economic crisis, is critical. Problem is, the stimulus package has to shore up the banks and under stringent oversight let them conduct effective banking.  The question is, Where is the money going to come from?  Government funding is not enough!

To be effective a recovery plan MUST become self sustainable and renewable, create MASSIVE deposits into banks, and be favorable to Big Business as much as the jobless, and fund a broad diversity of projects.

For a Democrat and Republican ENACTABLE $1 Trillion stimulus package WITHOUT $1 OF DIRECT GOVERNMENT SPENDING, and the beginning of the end to our current economic crisis, see:
www.theprosperitymandate.org

Tags: banking system, Fund America, 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