Solutions from around the world are flying around board rooms, State rooms and Treasury Departments, like an open flame, in a Fireworks facility. The latest burn is in France were President Nicolas Sarlozy and Finance Minister Christine Lagarde are introducing a Sovereign wealth fund to create billions of dollars to help stave off financial Armageddon for their nations troubled economy and industries. A similar proposal articulated by the Rescue Plan, by U.S. Treasury Secretary Henry Paulson known as the Paulson Fund – US. Sovereign Fund is evolving.
The Group of 20 (G20), leading industrial and developing nations will be attending as will Central Banks and International financial officials to address these funds as a solution and the “Capital –credit Crisis” as well other regulatory issues, on November 15, 2008 in Washington D.C..
The Sovereign Funds to date are defined as state-controlled entities, and are usually assigned to nations with wealth, to invest abroad. Many of these nations are wrestling with the problem of how to create “Capital credit” for its common wealth. The fears many have, and rightly so, are to what end will a powerful sovereign, have on other nations political and strategic aims or its citizens. Absent from attending is “Joe the Plumber”.
The Joseph Effect;
In a world in financial flame “Joe the Plumber” suggests we check out the plumbing before the fireman attempt to put out the fire. In comments overlooked by the main stream media and national press, and the current contenders for President, all have to address the heart of Joe’s concern. And at its core, is at issue with these Sovereign Wealth Funds. So the fire is now ablaze around the world, in panic they stir, with no substance to its end.
Joe Wurzelbacher commented on the U.S. Presidential race: “No- there is no choice there” and “There is a gentleman Alan Keyes he is so smart I have no doubt, he could fix it all in two years” but I fear “He is too smart for his own good” and “he comes across to everyone as arrogant.”.
Alan Keyes does have a very commanding presence. It is of good advice, for every one in crisis to examine that presence and personality, strong as it is. Do not discount his ability to govern on a world stage. Although it may be a stretch to suggest that Alan can fix it all in two years, Alan is resolute that ‘we the people’ provided the tools, can do. If Joe is the “Plumber” Doctor Keyes is the “Grand-Master Plumber”. With Providence, he without hesitation lifts it all up to a sovereign, both higher and greater than he.
Joe as have others, confused arrogance for a deep passion and confidence. One only need to look back at what forged this mans determination and courage under Ronald Reagan -Jean Kirkpatrick, as an Ambassador. You will find as many already have, individuals that were articulate,intelligent and principled and in a state of good conscience. These where the statesmen and ‘soldiers of courage’, in a time our nation required same, battling the ideology of communism. These are all good traits of character and a must, for a nation and a world in crisis, today. And do little to ones appeal for celebrity.
“All the King’s horses and all the King’s men, couldn’t put poor humpty, together again”
At the real ‘heart’ of “Joe’s” query, as is the sovereign nations of the world in this paradigm; “World Financial Crisis” begs the question, how to obtain “Capital – credit” to expand ones position in life and in this world, for a productive good? All the while securing and preserving both identity and sovereignty.
‘In vain he asked,.. And in vain we grasp’. Simply put the political conundrum placed over “Joe the Plumbers” question to Mr. Obama is this, “Those that have - fight to preserve, while those that have not- fight to obtain”. And taxes were the answer found for reasons end. -Ownership was abandoned, but in the mind persist-
“Joe wants to buy his business-and own sovereignty”.
Joe the Plumber—Personality:
“Truly, that which is required for the preservation of life, and for life's well-being, is produced in great abundance from the soil, but not until man has brought it into cultivation and expended upon it his solicitude and skill, we labor. Now, when man thus turns the activity of his mind and the strength of his body toward procuring the fruits of nature, by such acts he makes his own that portion of nature's field which he cultivates -- that portion on which he leaves, as it were, the impress of his personality; and it cannot but be ‘just’ that he should possess that portion as his very own, and have a right to hold that which he created, without any one being justified in violating that right.” –Pope Leo XIII-
“Taxes are a byproduct of ownership. not its cause”.
“Expand Capital Ownership” has been a theme of Dr. Alan Keyes, well into the 80’s. His simple thesis, relative now more than ever, within this current financial and economic crisis, would be to “Expand the Ownership of the Capital being created with in these sovereign funds”, as a credit to each from whence it came. And instead of sovereign meaning, investing abroad, better to cultivate its nature by and for the real sovereign people. Thereby completing the contract of Trust and fulfilling the promise of the same.
“By the people, for the people and of the people”.- Abraham Lincoln
Alan Keyes believes in the promise made long ago by God, that from the beginning unto the end, it all belongs to him. And if we as a nation or a world, humble ourselves to that purpose, we will have confidence in that nations state of and in “Good conscience”. Remove God, his people or his family, from any of the ‘discussions or resolutions’, and they will fail.
Doctor Keyes has suggested that all these sovereign funds need do is to assign “Certificates of Capital Ownership” –credit collateral on a future debt, issued for both American’s and world citizens alike. It would not cost a thing to complete these contracts with in the frame of ‘TRUST’. Citizens that hold the productive will and mind to keep the promise, and with moral clarity they can repair and defend there God given rights. And when a society is perishing, the wholesome advice to give to those who would restore it is to call it to the principles from which it sprang;… Hence, to fall away from its primal constitution implies disease; to go back to it, recovery. And this may be asserted with utmost truth both of the whole body of the commonwealth and of that class of its citizens – by far the great majority – who get their living by their labor.
“If any there are who pretend differently – - who hold out to a hard-pressed people the boon of freedom from pain and trouble, an undisturbed repose, and constant enjoyment – they delude the people and impose upon them, and their lying promises will only one day bring forth evils worse than the present. Nothing is more useful than to look upon the world as it really is and at the same time to seek elsewhere, as we have said, for the solace to its troubles.” -‘RERUM NOVARUM’- Capital and Labor
“In vain we fly from place to place to find what not in place consists, but in the mind” - Edmund Burke
The current mental state of governance suggests to “give one fishes” and from the pulpit we remind ourselves, “better to learn to fish”, as does “Joe the plumber” say, better to own my business. In the end, all should reason, with one inevitable conclusion; that the sovereign states “provide the means to fish”.
Here, again, we have further proof that private ownership is in accordance with the law of nature.
We are all well aware of the disagreements of others who would rather procure their own well being with little regard for their neighbor or our posterity.
“It is a fundamental human right to have access to capital credit for acquiring productive good”.
“Our goal should be to support and transform the economic barriers through “capitalistic economic expansion”. …”we do not mean expanded ‘Capital ownership’ approach is a universally applicable one. However, it illustrates the principals and concepts through which democracy can build a firm social foundation for economic cooperation and growth.Ownership need not be a reality confined to the wealthy few or an all-powerful state.” – Dr. Alan Keyes, July 21, 1986
Joe Wurzelbacher, The Plumber …“We need somebody like that”
-We need Alan Keyes –
Our means is to build an economic reality, a firm foundation for a basis for the culture of LIFE.
To remain ever vigilant and relevant -PUBLIUS
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Reference Notes;
1. Mere unthinking negative opposition to the current of events, clutching in despair at what we still retain, will not suffice in this age. A conservatism of instinct must be reinforced by a conservatism of thought and imagination. – Russell Kirk “The Roots of American Order”
5. "Too much capitalism does not mean too many capitalists, but too few capitalists." Every high civilization decays by forgetting obvious things. -- GK CHESTERTON 'The Dumb Ox', 'Saint thomas Aquinas'
6. By no means does this represent the current events that are unfolding upon the United States of America, be it economic problems/debt or fiscal inequities or our erosion of freedom, but with firm affirmation I believe the principles laid out some twenty and two years ago need to be redressed immediately. The New Contract of Freedom, The New Contract of Equity (Expanded Capital Ownership), and The New Contract of Justice, represents a clear visionary example of the promise, principles and possibilities of a true Free and Sovereign form of self-government. Gods speed, that we should head long into this frontier. -America's Economic challenge; The Democratic Response
The American Tragedy; (Translation for the layman)
"People are hungering for property - for a secure, permanent and independent link with spaceship earth that ownership represents and which only ownership can protect or defend. It is humiliating to possess nothing, to own nothing and hence to produce nothing and to count for nothing." –Kelso
Oh I wonder…Oh I pray what dear citizen you would say
– Given 12 k - “Certificates of Ownership-Capital Credit”. For 'seven' years? ask Joseph-
– Or do you place all your “TRUST”, in the state.
“Joe the Plumber” – Capitalist
Would go to his family, would go to his father, would go to his partner in labor ,…pool the certificates ,….go to the Bank (approved institution of Finance) and use same as Collateral credit and leverage it, to procure ‘his’ Plumbing Business…$250,000 or such… (Net promissory value for five partners… $ 60,000) As twenties go (20% down) that means $ 300,000 . I think “Joe’ could manage such.
“Joe in Foreclosure” – the Debtor
Having a possible mortgage in foreclosure “Average Joe citizen in American”. Would go to his family, would go to his wife, other and partners with a family in need,.. pool the certificates,… go to the mortgage company (approved institution of Finance) and leverage as collateral -credit,.. to procure or renew their mortgage. (Net promissory for two,…$ 24,000). As twenties go (20% down) that means $ 120,000 of additional credit collateral, to a productive good. No need to ask Banks or mortgage companies what they will do with those certificates, they would hold as collateral or leverage many more to do what they do so well.. create even more for others.
“Joe’s, Son the Student” – Education
Would go to his family to line up financing for College or Trade school, go to Ginnie Mae or student loan company. Leverage the “Certificates of Capital Ownership”. As fifties go (50% down) for payment and create $ 24,000 in student loans. Receiving $ 600 (5%) each year for interest to be applied against loan.
“Joe’s, Father approaching or in Retirement” – the investor.
Would go to his IRA, 401-k or preferred Employee Stock Plan (ESOP) and leverage for additional company stock securing both capital and ownership in his employment and capital for his employer. Or he might choose to leverage same at the Banking institution of his choice and leverage again on Bank Stock. Or may decide to leverage same on Municipal Bonds in his community or may choose to help Joe out, with Capital Credit. Or even better start a Home Equity Corporation in his community. Or a Community Investment Corporation or a Community Healthcare Corporation or a State Sovereign Fund.. or return all to current US Sovereign Fund to be invested/leveraged into infrastructure and energy and on and on and on.. Joe’s dad may even want to leverage the same in his company Pension or other authorized investment.
The State Sovereign Fund. (Iowa-Illinois etc)
Citizens not intrusting national ownership of Certificates, as they are now, may be inclined to persuade others to start a State Investment Corp. –citizen owned.
"Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this, says the Lord Almighty and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it."
“Expanded Capital Ownership” a Binary Economic model.
References;
“Which comes first the chicken or the egg- the goose or the laying of golden eggs- the Ownership or the Capital.”
What proof have they to liken unto God… They will not provide Talons (certificates of Capital Ownership) because they think you will not be a good servant/steward of the Trust placed in that instrument. –are they right? However we bring cause to same, knowing in good conscience all the seed will not fall on good soil, with the storehouse in mind we go forward.
Malachi 3:10 "Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this, says the Lord Almighty and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it."
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Reference;
1. Mere unthinking negative opposition to the current of events, clutching in despair at what we still retain, will not suffice in this age. A conservatism of instinct must be reinforced by a conservatism of thought and imagination. – Russell Kirk “The Roots of American Order”
Posted 2008-10-25 3:51 PM (#2360 - in reply to #2359) By: gcsteven
America's Tragedy
(Translation for the party)
America’s Independent Party - Platform
- Platform
The protection of the life, liberty, and private property of the people is the primary reason for the existence of human government, and more particularly, our precious American republican form of self-government. This is why we willingly accept no breach of the rights of the free exercise of religion, free speech, free press, free assembly, free association, and the right to petition government for the redress of grievances. We defend all of the enumerated rights listed in our Bill of Rights, and, in addition, all natural rights that are not enumerated, as per the Ninth Amendment.
We completely oppose any action that surrenders the moral, political or economic sovereignty of the United States and its people, and demand the immediate restoration of that sovereignty wherever it has been eroded. (i.e. Bail-outs and stimulus lies).
* * *
Republicans propose Taxes to reasons end.
Democrats propose Taxes to reasons end.
America’s Independent Party Propose three simple words
“God We Trust” “We the People” “Expanded Capital Ownership”
Vote or Write in Alan Keyes
Which 'hand' holds the state of 'good conscience' and confidence ?
* BEGIN * Capital Homesteading Today
Edited by gcsteven 2009-02-21 4:29 PM
Posted 2008-10-25 4:02 PM (#2361 - in reply to #2360) By: gcsteven
Review 2/21/09
Posted 2009-02-21 6:23 PM (#7838 - in reply to #2361) By: Philomena
The tragedy for America is that there is ready at hand a way out of the mire--a Just Third Way an it is not a deus ex machina but a course that was first laid out in Pope Leo XIII's encyclical, Rerum Novarum in 1891, and affirmed again 40 years later in Quadragesimo Anno (1931) and underscored by Pope John Paul II in his encyclical Centesimus Annus in 1991 marking the 100th anniversary of Rerum Novarum.
In Rerum Novrum (of new things), Leo XIII laid out Catholic social principles dealing with capital and labor and, in the coruse of his letter supported the rights of labor to form unions, rejected communism and unrestricted capitalism all the while maintaining the fundamental right to private property. Interestingly, in paragraph 20 he exhorted one "...to have nothing to do with men of evil principles, who work upon the people with artful promises of great results, and excite foolish hopes which usually end in useless regrets and grevious loss." (Emphasis added) Does this sound familiar? Anyone name/s come to mind? Adolf Hitler promised bread. We are now even being promised life-time warranties for car repair. Try eating that!
With unmarked graves throughout the globe holding the bones of millions who attest to the utter failure of communism and the living-dead who wander through life listlessly under socialist systems, now is the moment for the principles set out in Rerum Novarum, Quadragesimo Anno, and Centesimus Annus to be put into effect with the Just Third Way.
Posted 2009-04-03 8:32 AM (#10701 - in reply to #7838) By: Ignatius
Some of you whom have followed many of my links for over two years, if you include, that period with America's Revival, may have noticed that I am now, or shortly at this year-end Board meeting, a Board Member for the "Center of Economic and Social Justice". "That's good because you have done nothing but complain since you got here".
Oh! I'm not leaving ,.. AIP is a life time commitment, as is the fight for justice.
Who's mission it is to a "Just Third Way" ,..or "Justice, Justice, thou shalt persue Justice".
Please take time and review our site (new site coming) at: http://cesj.org/