Guest Commentary: FIXING THE ECONOMY

Today, there is much ballyhoo about various politicians and their economists "fixing" the economic collapse. To fix the economy, they proposed doing what was done in the past under similar situation. Why not? This is what they do best. It is what they study at Harvard University and Yale University, et al. As a matter of fact, it is their own economic gameplan that has both created "booms" and suffered "busts." They suffer them gladly, as they don't suffer, typically, at all. Suffering is for the "little guy" (mensch).
Since one can rely upon Mr. Obama, who is no expert on money, economics or finance, to demand results, one can also expect a parade of big reputation types from colleges, universities, think tanks, Wall Street, Big Banks, and international corporations to advise him. The fact that Mr. Obama (no matter how quick he is) is dependent upon them, assures that he will try it their way. They are practiced liars, as actors and intelligence operatives usually are, and will rather convincingly lay down a "New Obama Economic Order," which they will easily sell to him and to Congress. As is always true with this group, the plan will combine "bank lending" (money creation via fractional banking), loans from the American people of the future to the American people now, loans from future Americans to American businesses now, and loans from our "friends" and "trading partners" to good pal, the U.S.A. (there may be some "jawboning" with nukes to get every friend and trading partner aboard).
After much pain and suffering for the little guy, the economy will slowly pick up for another run at a boom. However, the incredible levels of debt piled on by the last three Mexican Revolutionary Presidential leaders (the Arbustos and the Clintonistas) can only be managed by making the value of the U.S. "dollar" much less. Americans will puzzle that, though things are improving, they seem to still have a hard time paying their bills. The middle class shrinks, even as The Washington Post declares that things have never been so good for Americans.
The acting Kennedy family leader on Capitol Hill will demand that the minimum wage be raised, which will meet with cheers and salutes to his or her humanity. The fact that the level to which they wish it raised is only a modest fraction of what is required to live a day decently in America will not be commented upon.
Well, then, what should a truly sharp President Obama do? He should jetison his economic team over the Gaza Strip, and then return to the White House. He should order two copies of Col. Taylor's advice to Abraham Lincoln on the funding of his war to suppress the "Southern Revolt." He and his wife should tuck the girls in bed, turn out their lights, and go to a comfortable reading room in the White House. He and his wife should study the issue, discuss the matter, talk to a few trusted friends, and then TRULY save the American economy. If the Library of Congress tells the President that it cannot find any such data, Mr. Obama should then google the blog on this subject posted by Downnlaced.
I recently read an interesting Post on Blogline by JetINight on the way to get money into the economy. I recommend it.
Basically, JetINight proposed that the Department of the Treasury have the Bureau of the Mint print interest-free, legal tender, which would be 'greenback" dollars totally separate from the private banking system, known as the Federal Reserve. This is the successful proposal of Col. Taylor, in essence.
As long as it is legal U.S.A. tender for paying all debt and taxes, it will certainly be accepted. Any bank or international corporation that refused the money should be made liable, and the injured citizens allowed to sue that institution for ten times face value, utilizing the legal offices of the Department of Justice, as such refusal to accept U.S. legal tender would be an insult to the nation.
While JetINight did not offer a reasonable figure, I suggest that during the first year of the Obama Administration, it issue two trillion dollars in greenbacks, while ordering the Treasury Department to retire two trillion Federal Reserve Note "dollars." The next year, the Obama Administration would do the same. He should place anti-counterfeiting as a top priority, which should carry a mandatory death sentence. The next year, Mr. Obama should do the same thing. If he kept it up, then his administration would virtually eliminate debt in the Federal Government. He himself would go down in history as our greatest president. The nation would experience a boom unsurpassed and unequalled. In fact, this could be done while still financing the Levantine martial adventures. The only requirement is that he not be timid in regard tio the absolute level of legal tender printed. One trillion should be the minimum annual level. To do otherwise would be insufficient.
Since the financiers are thinly veiled revolutionary banditos, Mr. Obama will have to surround himself with trustworthy people. Abraham Lincoln tried to live a normal existence and that cost him his life.
According to JetINight, the new legal tender should be injected into the economy through the Small Business Administration directly as free grants to small businesses. The money should be parceled out rather evenly. Larger small businesses should not be markedly favored, effectively starving the smallest enterprises. Small businesses hire the great bulk of Americans. Both the small businesses and their employees would bank their checks normally. This would work to strengthen the banking system. The checks with actually represent on-hand greenbacks at a one-to-one basis. When these new Treasury checks are presented to the Treasury for payment, real currency would be sent to the banks. Eventually, this system would evolve into a cashless debit card system.
It should be realised that putting money into the people hands in a quick and responsible way is the object, also. The funding grants for small businesses answers this need.
Soon, perhaps during Mr. Obama's two terms, the Federal Reserve Act would be repealed, and the Jewish system of debt-mongering ended in America forever.

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