-
Why Raising IEOSD Will Create Millions of Jobs.Low interest rates are helping only one group, the richest people in America, and the greedy, 1%. If the Austerity mongers gets all that it wishes; ending Collective Bargaining, cuts in pensions, Medicare, Social Security, laying-off millions of people, what will happen? The discretionary income of approximately 80 – 90 million people will be all but annihilated. The companies whom they support by buying goods and services will be diminished and those companies they were patronizing by buying goods and services will go bankrupt and added to the present 31 million out of work and underemployed will more than double making the depression of 1929 look like a lark in the park. Austerity is exactly the worst approach. See the success of Argentina, Brazil, and the Northern European nations like Sweden, Norway and Denmark, who used FDR’s processes. One does not pull back on marketing when business is dragging it increases and improves marketing. There is right now $7.77 trillions in savings in US banks at a near zero rate of IEOSD-(Interest Earned On Savings Deposits) yielding to depositors next to nothing. Instead of the depositors gaining the banks are keeping it and doing nothing with it. At a rate of 5% on IEOSD the $7.77 trillions would yield $385 billion dollars, which, if given at least that rate of 5% (IEOSD) as was the case before the attack on Iraq) estimates say the depositors would pump into the market place about 75% - 90% of that money. The 99% own about 50% ($192 Billions) of that cash. They would spend or invest it quickly and thus will create sales and jobs. The present rate of near zero IEOSD pumps NOTHING into the economy and Mr. Bernanke wants to keep it that way for almost three more years, while the banks are keeping the interest which depositors, should be receiving. I further suggest that Either by an Executive Order or a new Bill ad huge excise taxes on all currently outsourced jobs which bring outsourced goods to meet or exceed prices of similar goods made in one of the 50 states of the USA. The United States has had a public debt since it’s founding in 1791. Debt relative to GDP rose rapidly during the 1980s under president Ronald Reagan, whose economics policies increased military spending and lowered tax rates. Gross debt in nominal dollars quadrupled during the Reagan era as well as during the era the senior Bush presidencies between 1980 -1992. The net public debt quintupled in nominal terms. Debt held by the public had declined from 28% to 26% of GDP in the 1970s; by contrast, it rose to 41% of GDP by the end of the 1980s. But all of that money went to corporations who grew NO new jobs. You cannot spend money and lower taxes at the same time that is like quitting your job and buying a new house. “Economist Mike Kimel notes that the last five Democratic Presidents (Bill Clinton, Jimmy Carter, Lyndon B. Johnson, John F. Kennedy, and Harry S. Truman) all reduced public debt as a share of GDP, while the last four Republican Presidents (George W. Bush, George H. W. Bush, Ronald Reagan, and Gerald Ford) all oversaw an increase in the country’s indebtedness. Economic historian J. Bradford DeLong, former Clinton Treasury Department official, noted that the contrast was not so much between Republicans and Democrats, but between Democrats and "old-style Republicans (Eisenhower and Nixon)" who on one hand (decreasing debt), and "new-style Republicans" on the other (increasing debt). D.Stockman, director of the OMB under President Reagan, in an op-ed in the New York Times, blamed the "ideological tax-cutters" of the Reagan administration for the increase of national debt during the 1980s." PART ONE: I suggest a petition to raise Interest Earned on Savings of Deposit to bring to Americans with savings in banks $385 billion dollars which would be pumped into the economy raising jobs. PART TWO: I further suggest that Either by an Executive Order or a new Bill ad huge excise taxes on all currently outsourced jobs which bring outsourced goods to meet or exceed prices of similar goods made in one of the 50 states of the USA.1 of 100 SignaturesCreated by Professor Peter Bagnolo
-
Our money, our callThe American Healthcare Act355 of 400 SignaturesCreated by Julie Delegal
-
REGULATION OF LAWYERSThe regulation of lawyers by The Supreme Court is Organized Crime. It violates the US Constitution and The Florida State Constitution. This Petition is to take the BAR out of the Supreme Court. operation-cleansweep.com; disbartheflbar.com; supremelawfirm.com.7 of 100 SignaturesCreated by Richard Schatzel
-
All Men (and women) Are Created EqualThe Declaration of Independence states that We believe all men are created equal. The framers of our U.S. Constitution endeavored to insure we would always be treated equal. Lincoln's Gettysburg Address resolves to prolong a nation of the people, by the people, for the people. But our current forms of government has lately made infringements on and usurpations of our most sacred American value. Voter representation.1 of 100 SignaturesCreated by Carl Clingman
-
End Fossil Fuel Imports by 2022FreePowerUSA has made its mission to end all fossil fuel imports into the USA within 10 years -AND- triple the use of sustainable enrgies in the same 10 years. This will save lives, money, the environment, and save the planet.9 of 100 SignaturesCreated by Patrick Gequerdo
-
Petition To Defend Obamacare in MissouriMy 93 year old Grandmother worked hard everyday as a caseworker for Family Services. She always put her clients first by making sure that they had all of the benifits to become successful productive citizens. However, when she had a stroke at age 92 all of her life savings were wipped out in a matter six momths due to the cost of medical insurance and co-pays. Nursing Home Residential Health Care cost approximately $8,000 per month when my Grandmother only received $2,000 per month in Social Security and her Pension from her Job.12 of 100 SignaturesCreated by Rev. Vickie Caldwell
-
Stop the Deliberate Destruction of Family Units.Children's Services have a methodology and structure, aimed purely at the destruction of the emotional ties between the children and parents, this has happened to me, as my sons were one by one removed from my care, and are now being slowly turned against me and my family, this includes the break down of relationships between siblings. and discrimination against a disabled sibling.232 of 300 Signatures
-
elect supreme court justicesmake the supreme court an elected office7 of 100 SignaturesCreated by gerald vittitow
-
National Dental, Periodontal and Orthodontic Ins.Ihave spent thoudsands upon thousands of dollars on periondontaland dental treatments for me and thousands on orthodontia for my daughter. How about insurance for that and some cutbacks on Afghanistan?4 of 100 SignaturesCreated by Helen Wintrob
-
Transparency and equality in our justice departmentI'm always curious about what is the agenda for black men, every election cycle presidential candidates court and cater to all voting blocks except young black men. Our issues seems to always tied down with all others issues, which in affect doesn't let us focus on the major issue facing young black men. The Trayvon Martin case is a perfect example of why we need transparency and equality, even though this disproportionately affects young black men, it's equality for all. No mother/father would like to know that her son died and his body lay for 3 days before any notification. We need to practice what we preach and set a good example in our communities. If we want cooperation and a better community the police department should lead by example. they should hold every officer accountable and get rid of their oath,their version of 'stop snitching" because they allow cover ups to occur without accountability... I know this is a hard line to thread but its necessary, because we do need officers in our community, but we want everyone to feel protected and have these officers playing with our kids instead of killing them...61 of 100 SignaturesCreated by Ralston Johnson
-
Stop Wallstreet Before They Lose It ALLThe Wall Street money schemers are at it again, using the same methods of high risk investment, no-money exchange buy and sale tactics, and in spite of Pres. Obama's pressure to reform Wall Street, nothing is being done in Congress to stop them. We have been convinced that the way to prepare for our retirement is investing in 401k's, or other programs that use the stock market to increase growth of our investments. I lost half of my 401k, not just the money earned, but actual dollars I put into it, in 2008, 2009 and it has not returned fully yet. We sigh and say, what can you do? But where did this LOST money go? Ask yourself that. Certainly it went somewhere, someone got it... just not YOU. You were the losers, but no one else, just the people who gave Wall Street the money to play with. We cannot trust them to do the right thing. They never have and never will. We cannot risk anymore of our hard earned money as you will need every cent of it to keep up with the cost of taxes, food, oil and god forbid if you don't already own your home... a place you can even afford, as Social Security won't be enough. Nothing seems to go up but the things we need so desperately, healthcare, food and shelter and oil. Are you willing to risk the rest? Sign the petition below to Congress, President Obama, Timothy Geithner US dept of Treasury, that we will take our money out before we lost it again!!! Something must be done within the next 4 months to stop Wall Street. And the only way to pressure Congress is to take your money back!!!2 of 100 SignaturesCreated by Cynthia Kain
-
Stop Wallstreet Before They Lose It ALLThe Wall Street money schemers are at it again, using the same methods of high risk investment, no-money exchange buy and sale tactics, and in spite of Pres. Obama's pressure to reform Wall Street, nothing is being done in Congress to stop them. We have been convinced that the way to prepare for our retirement is investing in 401k's, or other programs that use the stock market to increase growth of our investments. I lost half of my 401k, not just the money earned, but actual dollars I put into it, in 2008, 2009 and it has not returned fully yet. We sigh and say, what can you do? But where did this LOST money go? Ask yourself that. Certainly it went somewhere, someone got it... just not YOU. You were the losers, but no one else, just the people who gave Wall Street the money to play with. We cannot trust them to do the right thing. They never have and never will. We cannot risk anymore of our hard earned money as you will need every cent of it to keep up with the cost of taxes, food, oil and god forbid if you don't already own your home... a place you can even afford, as Social Security won't be enough. Nothing seems to go up but the things we need so desperately, healthcare, food and shelter and oil. Are you willing to risk the rest? Sign the petition below to Congress, President Obama, Timothy Geithner US dept of Treasury, that we will take our money out before we lost it again!!! Something must be done within the next 4 months to stop Wall Street. And the only way to pressure Congress is to take your money back!!!3 of 100 SignaturesCreated by Cynthia Kain