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2-minute video: US debt visualized. 2-minute read: US obvious solutions

Washington’s Blog [1]
Dec 10, 2012

Demonocracy [2] created a new and stunning visual [3] to approach a grasp on US Federal Government debt of ~$17 trillion.

An easy tool to understand US households’ share of this tragic-comedy:

The good news is this problem exists only on paper. The mechanics of running a government debt-free was solved almost 300 years ago with Benjamin Franklin’s publication [4] how the colony of Pennsylvania operated without taxes.

The great news is our solutions are obvious and easy to understand. Concise explanation with documentation:

  1. Monetary reform: the US doesn’t have a money supply, but its Orwellian opposite of a “debt supply.” Banks and the Fed create what we use for money as debts, then charge the 99% interest for its use. Monetary reform has government transparency (I know, I know, that’s unimaginable withouttotal Occupy victory [5]) to create debt-free money for direct payment of public goods and services. This has game-changing triple benefits of full-employment as government becomes the employer of last resort, optimal infrastructure, and falling prices because infrastructure contribute more to productivity than cost. Documentation here [6]here [7]here [8]. The American Monetary Institute [9] is a leader for monetary reform.
  2. Credit reform [10]: Public credit is at-cost, as opposed to what we have today with predatory cartel 1% for-profit credit. For example, public credit could pay all state and local taxes with a 2% mortgage and 2% credit card. It could also release literal trillions [11] locked in government “rainy day” funds with lines of at-cost credit. The Public Banking Institute [12] is a leading group for this reform.
  3. CAFR audit, reform: So-called “pension” and “rainy day” accounts are tragic-comic in non-disclosure and non-performance for budget, infrastructure, and pension funding. For example, Californians have $8 trillion in surplus assets withheld by government [11] in this current structure that 1% “leaders” claim requires our austerity (yes, that’s about $650,000 per household). Walter Burien [13]and Clint Richardson [14] are leaders.

As great as these breakthroughs are, resource-based economics [15] is our predictable future just beyond these three obvious reforms.

Americans and humanity are just “emperor has no clothes” obvious declarations away from freedom. Most of the 1% criminals will be revealed when the 99% end their wars and debt that kill millions, harm billions, and loot trillions that would make Earth successful for 100% of its inhabitants.

Unleash your beautiful, powerful, and unique self-expressions to discover and realize the future you’ve always wanted to have.