Mar 4, 2020, 12:07 PM
YANG IS A MORON AND HERE IS THE BETTER ANSWER
by Curt Doolittle
(from early 2018, reposted by Stephen Thomas)
—“You haven’t articulated your solution in a sound byte 90% of your fans can understand let alone 90% of the general population”—
There is no comparison.
Nationalize mc [Master Card];
Issue one to every citizen over 18;
Guarantee minimum $1000 per month to start
Then:
Distribute liquidity (regulate interest rates) directly to the people rather than thru the financial sector;
Distribute 20% of tax revenues to the same means;
Eliminate consumer interest, by direct loan from treasury.
(requires direct deposit, thereby improving tax collection on cheats)
Open medicaid to all. (put private and public in competition)
Reduce Social Security to compensate
Close the IRS for regular income.
Close HUD, ED, Agriculture, Energy.
Close All Foreign Bases other than ports.
Eliminate corporate taxation on dividends.
Nationalize Google, Facebook Twitter and restore freedom of speech.
Eliminate hazard pricing and regulate pricing by cell, internet, and telephone, companies.
This would gut the government, gut the financial sector; gut immigration, redistribute TRILLIONS a year, and mean the average homeowner would require one working parent, pay off mortgages in 15 years, crash the price of houses and rents, and force businesses to serve customers not banks.
It would be the largest redistribution to the ‘working’ class since the roman land reforms.
There is no possible better solution. If we had done this when I first recommended it in 2009, all those TRILLIONS would be in the hands of Americans not BANKERS.
Yang is making the problem WORSE. It will ALL go to financial, landlord, credit cards. all of it will inflate away.
(ST: I really see no reason to not consider this. I could see some push back from right wingers on the Nationalizing, etc. But really what other choice do we have that is actionable? First we need a National Political Divorce before any real change can begin.)