Our Author Predicted This Financial Crisis 5 Years Ago

Jan. 28, 2009 - PRLog -- THE INSTITUTE FOR ECONOMIC DEMOCRACY

President Obama’s Recovery Plans Point in the Right Direction

Economic Democracy: A Grand Strategy for World Peace and Prosperity (ISBN 9781933567105, $35 less discount ) and Money: A Mirror Image of the Economy (ISBN 9781933567129, $32 less discount) both 2009, 2nd editions by J.W. Smith outlines “stopping this financial-economic crash in its tracks and restructuring to an economy with full and equal rights for all.”

To do that, let the bankers pay for their effort to claim even more of our money. The greatest share of their massive wealth was appropriated from you and me anyway. Then “President Obama’s economic recovery team should redirect the trillions of dollars Ben Bernanke and Hank Paulson were throwing at the very people who caused this financial-economic crash towards the real economy.”  

This reform president can go down in history as the leader who led the world to “full and equal rights for all people for all time”. Doing so requires understanding current “property rights law, as applied to nature’s resources and technologies, denying others their rightful share of what nature offers to all for free.”  

Those unequal laws, carefully protected for centuries under the cover of beautiful names, is how “your” and “my” money ended up in their bank accounts to be loaned back to us and this steadily-expanding inequality eventually bankrupted the world.

Like President Roosevelt in the Great Depression, President Barack Obama should first gain the loyalty of the people through subsistence payments to the unemployed high enough to cover food, fiber, and shelter. Once loyalty is attained through honest policies, that is the time to restructure those unequal property rights laws “as applied to nature’s resources and technologies which she offers to all for free.” That is the primary cause of both “normal” poverty and these periodic economic collapses.

Society simply “pays the rental values of nature’s wealth to themselves” (it is socially collected) to fund infrastructure (roads, water, sewers, and all other natural monopolies), governments, education, health care, retirement, etc.  “Capitalism is retained and private industry remains intact.”

Those just laws, “reduce debts by well over 60%, double the efficiency of the economy, eliminates economic crashes, lowers the necessary workweek to two to three days, and greatly alleviates economic waste and the global warming crisis.” That is the amazing opportunity these books describe.

Contact Ralph Hansen, 888.533.1020, ied@ied.info. or www.ied.info.
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We are a cooperative publishing house for authors dedicated to perfecting a philosophy for full and equal rights, elimination of poverty and war, resource and environmental protection, and alleviation of global warming. In short, full and equal rights for all.

We document that over 50% of labor and resource usage deducts from our quality of life and is actually the cause of poverty and the death of tens of millions each year.

The answer: Society simply “pays the rental values of nature’s wealth to themselves” (it is socially collected) and use those funds for infrastructure (roads, water, sewers, and all other natural monopolies), governments, education, health care, retirement, etc. “Capitalism is retained and private industry remains intact.”

This “reduces debts over 60%, doubles economic efficiency, eliminates economic crashes, lowers the necessary workweek to two to three days, and greatly alleviates economic waste and the global warming crisis.”
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