Archive for the ‘Dear Mr. President’ Category

Wall Street Overseas Tax Break

Sunday, October 9th, 2011

A great evil lurks in the heart of Wall Street. It is echoed in the heart of Washington. That evil arises from the absurd notion that profits earned outside the United States should not be fully taxed when they enter the domestic books of United States companies.

It is perhaps equally absurd, in the face of the sentiment behind Occupy Wall Street and similar protests elsewhere in the United States, that the whole notion of a foreign tax holiday will somehow fly under the radar of the American people. Even President Obama may become caught up in this evil by suggesting a foreign-profits tax holiday based on the premise that companies could repatriate foreign-made profits with little or no tax payment as long as they used the money for U.S. investment and job creation. Once again the American people are being betrayed by Washington and Wall Street doings. It was Henry David Thoreau who said “there are a thousand hacking at the branches of evil to one who is striking at the root.” The Occupy Wall Street movement is an attempt to strike at the root of evil.

I say that, as patriotic Americans, Wall Street and Washington ought to propose instead that these profits be brought home and the taxes paid. Then let them buy back their stock and, with the remainder, do some good. Meanwhile the taxes raised from these repatriated foreign profits will go a long way towards paying for President Obama’s jobs program.

http://blogs.wsj.com/marketbeat/2011/09/07/overseas-tax-break-may-backfire/ “Overseas Tax Break May Backfire” at the Wall Street Journal, of all places, fesses up to the fact that a new Homeland Investment Act won’t help the U.S. economy much. The Homeland Investment Act of 2004 provided for a one-time tax holiday on the repatriation of foreign earnings, thereby allowing U.S. multinationals to access earnings retained abroad at a lower cost. Firms responded to this act by significantly increasing repatriations from foreign affiliates.

This whole corporation shell game of moving taxes from state to state and nation to nation, designed to deny the nations and states tax revenues, creates great disruption to local economies devastated by companies moving from state to state and from nation to nation.

If I were President Obama I would invite U.S. corporations to bring home these profits, pay the taxes, and then begin a plan to buy U.S. bonds as a way of repatriating ownership of the United States national debt.

Solving The Housing Crisis

Sunday, June 19th, 2011

Owner occupied housing is in crisis. The problem is solvable by the Federal Reserve Bank. If the Federal Reserve Bank fails to act correctly, then the crisis will deepen. If the Federal Reserve Bank creates a correctly operating housing market, then the floundering owner occupied housing market will snap back into a long-term stable growth pattern. The choice of either the stability or the continuing collapse of the owner occupied housing market rests in the hands of the Federal Reserve Bank.

See http://peaceengine.com/blog/category/housingsupply/ for details.

If I were Chairman of the Federal Reserve Bank

Saturday, June 4th, 2011

If I were Chairman of the Federal Reserve Bank (FRB) I would see to the housing crisis in the United States by creating a separate housing money supply called the FHF (which is to say, the “FRB Housing Fund”).

PRIMARY SUCCESS SCENARIO

1. The Federal Reserve Bank (FRB) shall establish a FHF, which is a “FRB Housing Fund” account, operating as a closed revolving fund, and independent of government and business influence.

2. The FRB shall create electronic money to provide the FHF money supply.

3. The FRB shall, through member banks, lend that FHF money supply to home buyers of owner occupied single family residential housing property, whether purchased or re-financed.

4. The FRB shall establish rules that make sure all FHF housing payments are returned in their entirety into the FHF (hence, a revolving fund).

5. The FRB shall forbid the extension of home equity loans upon FHF secured properties, for any and all purposes, except housing improvements.

6. The FRB shall establish a permanent maximum FHF Retail Interest Rate of three percent (3%).

7. The FRB shall establish a maximum single FHF loan setup expense fee of one percent (1%).

8. If I Were Fed Chairman, I would work with Congress and the President to pass necessary FHF (FRB Housing Fund) enabling legislation. I would explain the truth to the American people, of why the free market capitalist banking hegemony must no longer be enabled to use human housing as a source of personal wealth, obtained by means of “root of all evil” love of money (greed) wealth extraction machinations of the bankers and lawyers.

BENEFITS

The first benefit will be that each household’s monthly housing expense will decrease. This will increase spendable cash among FHF financed home owners.

The second benefit will be that home ownership will rise and foreclosures will plummet as underwater mortgaged owner occupied housing is converted to FHF financing.

The third benefit will be that the home loan market will become more decoupled from the rest of the economy, restoring a sense of long term stability and predictability in the supply of human housing.

ADDITIONAL SUCCESS SCENARIOS

Early payment in excess of amount owed applies immediately to home equity and the interest portion of each month’s payment reduces immediately.

Down Payment — waived on refinanced homes purchased prior to the housing bubble bursting.

3b. When a house bought before the housing bubble burst must be sold for less that the amount owed, the bank will absorb the loss in its entirety.

LAW: Universal Sales Tax

Friday, March 4th, 2011

Let there be passed into Law a universal sales tax on all goods and services sold to, in, or from humans and non-human entities located in the Unites States. Let it be collected at the federal level and apportioned back to the states in proportion to their population of citizens. Let us set the rate at 10% and when government deficit is at zero lower the tax rate down no lower than 3%. Please copy-paste if you like.

Whom or What Do I Blame

Monday, February 21st, 2011

20110221 Whom or What Do I Blame? I blame the bankers for their RootOfAllEvil (money) greed demonstrating why unfettered capitalism is a failure. The proof of this assertion is now being masked by the drone of the revisionist historian talking heads of television. I blame the RootOfAllEvil bankers and their “innocent” co-conspirators high placed in government who failed to act in the best interests of humanity…you heard it first in the United States…RootOfAllEvil Greed is “too big to fail”. What evil forces were at play in government in those days?

I blame the fascist corporations arising as the Leviathans of politics and squashing out the little guy’s voice in politics…all THEY want is young and old human ears and eyes locked onto the commercial drone of television and bodies marching en-mass into far flung retail outlets and voting booths…affirmed by the Supreme Court…Leviathan money speech places politics out of the reach of mere mortals…be too poor and watch your life be crushed by the Leviathans if you make these non-human beings cross and angry with a mere mortal human…I smell the brewing of a Constitutional Amendment…sooner rather than later.

It seems to this writer that purveying RootOfAllEvil greed ought to be illegal, as a matter of common law understanding of good and evil. What is not apparent is why more of these corporation protected schemers have not landed in jail and are not doing a few years in prison. Perhaps RootOfAllEvil money has something to do with the matter.
–Wyl Newland ①

The 2012 Newland Amendment

Article I

Humans who operate non-human entities shall go to jail if they conspire in matters of RootOfAllEvil greed wherein any single human is injured for more than the average monetary value of one hour of labor, according to the labor market of the place.

Article II

The only rights afforded unto non-human beings and Leviathans are those specifically enumerated in the Constitutions and Laws of the States comprising the United States of America. Unto the Supremes of the Court be it hereby noted that The Bill of Rights of the Constitution of the United States of America shall pertain only to humans.

Article III

a) The Federal Income Tax upon humans is repealed and cast into the lake of fire and brimstone where is may rest in hell for one thousand years. More evil done in the name of good has been raised by the Federal Income Tax upon humans. It shall be replaced by one Universal Sales Tax on ALL retail transactions at the Retail Transaction Rate AND wholesale transactions at the Intermediate Transaction Rate, without exception even for charities. The RootOfAllEvil lives in the exceptions. Therefore, there are no exceptions. Period. Not for religion. Not for government. Not for medicine. Not for the rich. Not for the poor. Not for interstate commerce. Not for international commerce. Not for goods of any kind. Not for services of any kind. Not for mineral royalties or royalties of any kind. Not for business costs of any kind. Not even for money flows of humanitarian aid. NO EXCEPTIONS. The Universal Sales Tax pays for EVERYTHING the federal government does. All Universal Sales Tax transactions must be reported to registered and lawful human citizens of the United States by means of Internet streaming of geographic transactions. Non-human beings shall be denied access to the Universal Sales Tax transaction details.

b) Effective immediately the Retail Transaction Rate and the Intermediate Transaction Rate shall be set at a rate sufficient to reduce to zero the National Debt by the year 2020. All government budgets shall remain in balance thereafter. For example, in modeling let us assume the Retail Transaction Rate is set at 0% and the Intermediate Transaction Rate is set at 3⅓% and see what happens to prices. The Intermediate Rate is much easier to enforce because it pertains to the non-human beings, including a church, a charity, a sole proprietor businesses and a multinational Leviathan.

c) Human time investments are not taxable transactions.

Thank You For The Snow

Monday, January 31st, 2011

I pray that we are giving our collective thanks for the Gift of the replenishment of the snow pack above the Pacific, Great Plains, and Atlantic water tables and watersheds. Hopefully our leaders will see the vision that suitable dams and dikes and levees and permanent overflow canals, ponds, and lakes shall be permanently constructed to handle what Nature teaches about Spring flooding. It is time for humans to think humble instead of arrogant and to build in each place the permanent earthen works necessary to hold the flood waters at bay and scoot them into overflow canals…I foresee full employment possibilities.

As we construct the overflow canal waterway system of the Great Plains we will open up vast summer and winter recreational potential for the area. Let it be that humans shall again see the gently guided but mostly unhindered migration patterns of the bison herds as the fences are removed and humans and bison interact with one another again as they did a mere seven score years ago.

Let our world leaders create a vast fence free International Park Preserve carved out of the middle of the the States of South Dakota, North Dakota, and Canadian Provinces to the north. Teddy Roosevelt would order this done by Executive Order if he were here. Is our now sitting President a man of Vision or not? In the matter of creating the fence free bison migration corridor perhaps named North American Grasslands International Park (NAGIP) or some such useful name…this place will be at this intersection of the human species and the Bison (and maybe even the Mammoths arising from their very DNA) herds seeded and left to recover their natural habitat and migration patterns.

AND, when the herds need culling let every part of the animal be handled each in its proper respectful manner…let these words be written into the Act of Congress: “the animal shall be humanely killed and the meat shall be preserved and given freely as high protein food for the poor. Failing all else, the carcass and entrails shall be given to the regional zoo. The skin shall be used in the binding of books and the making of articles of public safety apparel, belts, harnesses, and so forth…it shall be sold in public commerce and all excess profits shall flow automatically and unencumbered into the Housing For Haiti Fund.

AND: let there be computer pollution detection, automated water flow control gates, earthen ditches, concrete where needed, full GPS coordination by an associated wireless network.

COMMENT: Suppose that the Great Plains fences were melted down into plowshares and tractors given freely to farmer cooperatives. That would be a cool adjunct idea.

Dear Mr. President

Friday, May 28th, 2010

BP Oil should immediately and with all due haste deposit one BILLION dollars into each Unemployment Compensation Fund of the States of Louisiana and Alabama to see to the immediate needs of the newly unemployed. BP Oil must continue to make all such unemployment payments until the economy can return these real human beings back to their job equivalent employment or better.

It is imperative that greed driven capitalist Leviathans behave in a moral and ethical manner when it comes to wreaking harm upon humans. BP Oil should see to this matter immediately for several reasons.

First, and foremost, of course is the human toll that must be recognized and dealt with.

Beyond that, those receiving employment will hopefully look upon their unemployment status with a determination to use their new found free time to participate in Gulf cleanup and wildlife preservation activities.

Thirdly, this may be the best hope that BP oil has for its continued operation upon American soil. Humans will boycott anything with the letters BP on it…think of the cost of having to rename all those gas stations…that cost is quantifiable and at least that much may be justified in making Gulf oil unemployment payments.

Mr. President, this real and true Gulf cleanup operation is–after all is said and done–the real goal of mitigating the disaster. Once BP Oil has directly and indirectly fulfilled their obligations to the humans involved…no matter the cost…then an Executive Order pardoning BP Oil from all further lawsuits might be in order…let the Supreme Court rule upon such an Executive Order…it is up to you to decide when enough is enough.

There will be insane political party types who will propose that BP Oil setup its own Gulf Unemployment Office. Please do not be swayed by such a ludicrous proposal. The key is that Government MUST place itself squarely between a Leviathan like BP Oil and the humans whose lives has been affected.

The Unemployment Compensation funds must come through the state run operations. If necessary you may, by Executive Order, recommend the non-affected states immediately dispatch (all expenses and salaries to be repaid by BP Oil) at least one front line worker, highly experienced with Unemployment Compensation, to arrive in the appropriate offices of the affected Gulf states and for one week assist with processing Unemployment Compensation claims. Everyone who is made unemployed after day 1 of the BP Oil disaster in the Gulf must be presumed to have been made unemployed by the Disaster.

Any human receiving Unemployment Compensation who participates 35 hours per week on Gulf cleanup activities must be excused from looking for work and their UC money must not be cut off.

http://peaceengine.com/blog/category/dear-mr-president/

Emailed link to Gov. of Louisiana
http://www.gov.louisiana.gov/index.cfm?md=form&tmp=email_governor

SUNDAY, MAY 30, 2010

Emailed to http://www.marylandrieu.com/contact of Sen. Mary Landrieu:

BP Oil should immediately deposit one BILLION dollars into the Unemployment Compensation Fund of the State of Louisiana to see to the immediate needs of the newly unemployed. BP Oil must continue to make all such unemployment payments until the economy can return these real human beings back to their job equivalent employment or better.

Please see the full recommendation at http://peaceengine.com/blog/category/dear-mr-president/

Sent similar info to http://www.2theadvocate.com/help/letters

Emailed to constituent@la.gov which may reach the Governor, with the subject “BP Oil and Unemployment Compensation”.

Dear Mr. President

Saturday, May 22nd, 2010

Dear Mr. President,

I will be brief. Were the disaster mine to solve I would advise thusly:

Let the ground heated warm oil and saltwater rise naturally by convection to the surface inside a sluice tube. Apply the principles of Archimedes. Call in a stream of tanker ships to carry the saltwater and oil laden streams away for land based processing and cleanup.

Let the oil and saltwater combination be separated by gravity, each according to its nature, as they crawl their way to the surface doing gravity’s dance of separation. Let the saltwater’s water be recovered by contained condensation. Let the final distilled water be put to some socially conscious purpose. Let some portion of the recovered salts be fired into oblivion in a plasma furnace, as a penance offering to the universe.

Otherwise the Gulf becomes a toxic wasteland for the thousands of years that the oil flows. And it leaks from there into the Gulf Stream current and on some future day perhaps blackens the ice at the poles.

Let it be that the science of the BP oil disaster be taught freely by means of training videos so that all humans might understand the peril of the collapse of civilization that might be triggered by just such a disaster. Explain how it is that science and mathematics are applied and how it was that such an environment threatening technology was loosened upon earth without there being in place some bigger technology prepared and ready to be applied. Let this be a lesson for our posterity.

Let there be formed a Cooperative among the oil Leviathans such that they levy among themselves, each according to its gross revenue, a fee. The combined levy must purchase a mini navy of surface and undersea vessels with equipment designed for the containment of ocean based drilling disasters and spills.

P.S. On a personal note, while you were campaigning in Butte, Montana I was at Chief Plenty Coup’s Spring praying that you would win the election and that you would be granted the wisdom to do good work. I recollect that being around the time of the Fourth of July. Thank you so very much for your efforts and your success on Health Care. We still need the Public Health Nurse Corps to be activated. Thank you also for your support of Financial Reform. You are doing a fabulous job. Thank you for being willing to serve in public office.

P.P.S. Industry and commerce must direct itself to constructing the necessary equipment at the fastest rate possible. This will be beneficial to commerce. It may be a great application of the rocket scientists at Nasa. It will be good for the economy. You have the Executive Authority to command such a first response to an environmental disaster which, upon your watch, may be likened to Chernobyl.

. . . [to be continued, above and below in the presentation URL: http://peaceengine.com/blog/category/environment/

I emailed to this link:

http://www.whitehouse.gov/contact

I emailed this link also:

http://www.deepwaterhorizonresponse.com/clients/2931/319487.pdf

I posted at Digg:

http://digg.com/political_opinion/Dear_Mr_President_Re_Gulf_Oil_Spill

NOTES ARE BELOW:

The idea is that the warm oil and saltwater rising in a convection sluice tube and being pumped into waiting tankers will work. It might work better with a stream of air injected in at appropriate depths. The sluice tube can be miles long and suspended by buoy.

The oil circulates along the top of the tube and the saltwater tends to flow under the oil. This is the natural effect of a oil/water mixture flowing up a gentle hill at a 3:1 slope. Let the oil flow upward at a gentle slope from the seafloor to the surface.

Pray for no hurricanes aimed at Louisiana.

The proposed clamping assembly is explained below

1. robot affixed magnetic collar
2. iron ring
3. Sluice tube to surface
4. Stream of tankers carrying away mix for land-based processing and cleanup

MORE IDEAS

Perhaps a more gentle 12:1 slope is achieved by a twelve mile long spiral complete with buoys, constructed in pieces in a dry dock, and towed into place for final assembly.

A buoyed single, double, or triple helix descending from the surface of the water to the sea floor might work. The only universal requirement is that it be uphill all the way.

Assuming the structure has near neutral buoyancy it should be easily assembled at the surface and sunk down into the water below the construction on top. Each buoy would need to control its own ballast as it descends. The structural stress would need to be monitored with buoyancy adjusted by the robots.

The cost of constructing a triple helix sluice and getting it to the sea floor is staggering. The alternative has taken thirty days to construct and does not seem to be working very well. Perhaps a combination of the two approaches will work best.

Human civilization demands a clear vision and a steady hand. I urge you, Mr. President to, with all due haste secure the area of the spill and see yourself to the cleanup effort. Let it never be said that, upon your watch the Gulf of Louisiana became an environmental wasteland. BP will repay the United States for such an emergency response mobilization. Perhaps the Coast Guard should be mobilized to build oil/saltwater capture, containment, and transport vessels, ever ready for just such oil spill emergencies, worldwide. As a Nation we owe the World a huge penance for the damage wreaked by the cozy Washington lobbyist political corruption that permitted this to happen in the first place.

OTHER IDEAS AND NOTES

Create an autonomous robot cleaner vessel capable of finding and capturing underwater stray plumes of oil in the open ocean. It will naturally float with its bladder full to the surface of the ocean for easy retrieval. A fleet of such vessels, capable of deployment anywhere on the ocean’s surface, will be an asset whose cost will be recovered on first use from the oil companies involved.

When a surface ship operates, like a mobile cleaner with an oil capturing conveyor belt of membrane buckets, upon the surface of the ocean, it is a different matter. Perhaps, loosen a swarm of such devices surrounding the mother ship, each connected by means of an umbilical cord to the mother ship. Perhaps each oil slick capture ship protrudes a wide scoop and tows a bladder or a tar collection barge.

Assuming such oil spill lapping vessels existed it would be an easier matter to sweep the ocean clean of its oil spills.

If the nation of the United States does not act upon its own to contain the oil and tar, then BP will seek the least cost solution because it is in its nature to do so. The least cost solution is not acceptable. Human civilization must hold itself to a higher standard of morality.

SUNDAY, MAY 30, 2010 — HOT OIL BALLOON

Suppose a hot air style balloon skin could be sunk and tethered in place above the oil leak. Vent tubes connected into the top of the balloon could collect the oil and gas mixture and direct it towards the surface. Perhaps this would work by sucking the oil and gas mixture into a tube connected to the surface.

The balloon assemblage, perhaps laid out by robots on the sea floor, could be winched into place by robots in such a manner that the opening of the balloon is pulled across the spill head. Incidentally, by timing the first filling of the balloon the volume flow rate of the spill may be ascertained.

The entire hot oil and gas balloon may be dropped into place from above, adjusted to slightly negative buoyancy for the descent, and guided into place by robots. The natural drag of the water will tend to inflate the balloon and slow its descent.

Once the balloon and its tethered ballast boxes reach the bottom and quickly lose their remaining buoyancy, the balloon will begin to fill. As the balloon fills with oil and gas it will have a tendency to rise up from the sea floor towards the surface of the water. In this regard the balloon will be self filling. If the balloon overfills, the excess oil and gas will leak out the bottom of the balloon.