PART 2:    JEFFERSONIAN  PROGRESSIVE TAXATION  

P.S.    What  can  you  do  to  end  plutocracy  and  Reaganism  in  America?    You  can  help  a  real  democratic  candidate  for  real  Capitalism  win  an  election,    or  even  become  one  yourself.   How?    Consider the  following:

       The  five  core  policies  of  real  Capitalism   ---  printed  on  a  sign  as  they  appear  to  the  right  of  the  picture  of  my  book  above,  and  my  $5  contribution  limit  were  so  popular  that  I  was  personally   able  to  collect  2600  signatures  to  get  my  name  on  the  2014  ballot  for  a  U.S.  House  seat.  (  even  registered  Republicans   were  asking  permission  to  sign  in  support  )

         And  so,  using  that  platform,  a  few people  could collect the 13,000  raw  signatures  needed  to  get a  real  democrat  on  the ballot  for a  U.S.  Senate  seat.

        The  rest  of  a  democratic  campaign  is  even  easier:   Set  up  a  website  promoting  real  Capitalism,   ask  people  to  read  it,   to  recommend  it  to  others,  and  to  vote   --  particularly  in the  primaries!

           If  enough of  us  choose  to  actively  support  such  campaigns   all  over  our  country ,   and  to  reject  all  candidates  running  "big-money"  campaigns ,  the  plutocratic  predator  class   can't   retain  control  of  our  government.  


2014  primary  post-mortem:     Logic  is  uncommon  sense.   Mass  6th  democrats  had  five  choices  in  their  2014  primary  and  they  picked  Seth  Moulton,  --  the  most  plutocratic !!    (  almost  80%  of  his  record-setting  "big-money"  campaign  war-chest  came  from  members  of  the  financial services  industry.  )


2016  primary  post-mortem:   I  personally  asked  over  40,000  people  to  sign  my  nomination papers  and  all  but  2,317  refused  ( I  needed  2,500 ) ;   --  so  the  predator  owned  Moulton  ran unopposed.   The  fact  that  Ninety-five  percent  of  us  would  not  spare  a  minute  to  sign  a   nomination  paper  exposed  the  shocking  breadth  and  depth  of  our  civic  irresponsibility ;   It's time  to  face  reality ,   --   we  have  the  government  we  deserve.


​​​​​I am a democratic candidate for Congress from the 6th District of Massachusetts,  -  and so,  unlike "new Democrats",  I don't want money,  I want time. Please take the time to read this website carefully;  Particularly the historical arguments against Oligarchic Socialism ( Reaganism ),  and for the five core policies of classical ( Real ) Capitalism   --  all  five  of which have been opposed by a majority of lawmakers from  both  political parties for the last 30 years. ( Why?  --  Bribery !! )   What is Oligarchic Socialism ??  --  The government,  media,  and means of production all controlled by a mega-rich predator class.

This book uses historical writings and events to show why we must replace the predatory money based Oligarchic Socialism that Ronald Reagan gave us with the productive labor based policies of classical ( real ) Capitalism prescribed by rational men  - Adam Smith, Lincoln, Locke and Jefferson among them.  Those Capitalist policies include the following:


1.  tariffs on products made by slave wage labor abroad, and

      a living minimum wage at home

2.   Jeffersonian geometrically progressive taxes on estates

       and all forms of personal income

3.   federal regulations that promote fair enterprise

4.   a publicly owned national currency

5.   publicly supported federal lawmakers


The book also shows how these Capitalist policies would create tens of millions of jobs, finance care for our disabled, sick and elderly; restore our infrastructure and environment, eliminate our national debt, and ensure life supporting after-tax incomes for all.

( Note: Amazon sells it with a one dollar royalty to me. )

​​​​ Campaign  synopsis:  

        In  every   society  throughout  history  there  have  been  three  classes  of  human  behavior;   the  predatory,  the  productive,  and  the  parasitic.   The  primary  economic  activity  of  predators  and  parasites  is  always   wealth   acquisition,   —  they  are  "the takers" .

       America's  mega-rich,  less  than  1%  of  us,  now  have  a  combined  net  worth  (  assets  minus  liabilities )  of  over  twenty  trillion  dollars,  and  the  bottom  40%  (  which   includes  the  parasites  )  have  a  combined  net  worth  of  Nothing.    Why??  --  Because  the  free  trade,   regressive  tax  policies  of  bribed  lawmakers  from  both  political  parties  have  been  "redistributing"  wealth  from  our  producers  to  our  predators  for  decades.    The  responsibility  for  that  is  ours !!   --  and  If  We  the  Voters  don't  stop  nominating "big-money"  candidates  in  our  primaries  America  will  remain  the  world's  largest  free-trading,  flat-taxing  oligarchic  socialist  banana  republic.

      What  is  oligarchic  socialism ??    --  The  government,   media,   and  means  of  production  all  controlled  by  a  mega-rich  predator  class.    

        Want  to  help  end  it  ???    --  Write-in  my  name  in  November.


After graduating from a western Pennsylvania H.S. in 1960 I  attended college full time at night while working days in a Shenango Valley tube mill.  All but one of that valley's tube and steel mills are now gone; - bought, looted, and dismantled by predators financed by Wall Street. The predators and their financiers  became  fabulously wealthy;   the towns and  the people of the valley  were devastated.

    During the 1980's I was GTE Sylvania's High Pressure Sodium R&D and manufacturing engineering manager;  -- based  at  their Manchester N.H. plant,   but with  international responsibilities.

    In 1988 our Manchester plant was still manufacturing both our parts and products entirely in America,  paying  our  factory  workers  over  $10  an  hour,  and  making  a  15%  profit;  -- but  we  were already considering a core economic policy of Reaganomics  -- maximize profits by moving manufacturing  to Third  World  nations;   --  he said  we  should  become  a " service  economy". 

I quit Sylvania in 1988, and a few years after I quit most of their manufacturing jobs were in Mexico.  Why?  Slave wage labor,  -- and contrary to Reaganite propaganda,  that is the  primary reason  tens of millions  of American jobs remain abroad today.   Reaganism became our nation's disgrace.

    Consequently I gave up engineering entirely, studied economic history and theory for about ten years,  made a run for Congress in 1996,  and in  2011 published a book titled  For a Fair America;  the cure for our sick economy .    Reaganism  is  the  sickness,  and  Capitalism  is the  cure.

 

     This  website,  a  summary  of  that  book,  uses  historical  writings  and  facts  to  show  Why  we  must  scrap  the  predatory,  money  based  economic  scheme  that  Ronald  Reagan  gave  us, and  replace  it  with  the productive,  labor based policies of real Capitalism,  prescribed  by  rational  men,  -  Adam Smith,  Lincoln,  Locke and  Jefferson among them.  Those  Capitalist  policies include the following:


1.    Tariffs  on products made by slave wage labor abroad,  and a  Living minimum wage at home.

2.     Jeffersonian progressive taxes on estates and All Forms of personal income   -- including stock  

        grants, options, dividends, and capital gains.

3.     Federal regulations that promote Fair enterprise.

4.     A  Publicly Owned  national currency.

5.     Publicly Supported  federal lawmakers.


       All Five of these Capitalist policies have been opposed by a majority of lawmakers from Both political parties for the last 30 years.  Why?   Because lawmakers from  Both  political parties have been selling their souls ( and their votes ) to the mega-rich for campaign contributions and/or retirement  jobs  worth  millions.

       This is plutocracy,  and these two forms of  bribery must end.   Unfortunately,  thanks to five cretins on our Supreme Court who can't see that money doesn't speak, it buys;  that end remains voluntary.  Consequently my campaign will not accept more than $5 from any individual or organization,   and  after retirement  from  lawmaking  I  would  not  accept  pay  for  any  form  of  work  in  the  future.


       But this website  has  far more important  news:


      It shows How we can end plutocracy and Reaganism in America,  and replace them with democracy and Capitalism.

        It shows How Capitalism would create tens of millions of jobs;  eliminate our national debt;  restore our infrastructure;  protect our environment;  finance care for our disabled, sick, and elderly;   and ensure  life supporting  after-tax incomes for all. 


      So  Please read the rest of this website,  and  carefully  consider the historical arguments and  policies  that it  presents;   -  before  you  vote  wherever  you  vote  in  this  country.


​​

       Now  I  have  a  confession  to  make:   Prior  to  1990  I  was  a  Reaganite.   I  voted  for  Kennedy  in 1960;  but  for  Goldwater  in  64,  Nixon,  and  Reagan  twice  because  I  was  so  afraid  Lyndon  Johnson's  'Great Society'  would  take  from  the  producers  and  give  to  the  parasites  until  there  were  no  willing  producers  left.  

      Just  as  we  Reaganites  argued,   Equality  in  a  parasitic  Communist  state  is  wrong;  -- every  adult  able  to  work  for  a  living  should  be  required,  by law,   to  do  so. 

   On the other hand,  in a country as resource and climate rich as America,  every adult worker could and should,  by federal law,  receive a wage that will support their family,  - a  living  minimum  wage  that  Reaganites  have  always  opposed.

      Why  federal  law?   Because  otherwise  corrupt  businessmen  will  move  to  slave  wage  states  just  as  they   now  move  to  slave  wage  nations. 

     

 Note:  Because  of  outsourcing,  excessive  immigration,  and  Reaganite  opposition  to  a  living  minimum  wage,   the  hourly  wages  of  the  majority  of  adult  workers  in  America  fall  between  the minimum  wage  of  $7.25  an  hour and  a  living  wage  for  a  family  of  four,   thereby  forcing  wives  and  children  to  work;   --  an  indicator  of  true  Reaganite  "family  values".                                                                                                                      


 

  What is Fair enterprise? Take a plane ride at night, very high, anywhere in the world, and look down; you will see points of light everywhere,  - marking buildings and industries,  outlining the roads, and flooding the cities. Those points of light are High Pressure Sodium lamps.  There are billions of them lighting the world today.
    I was hired right out of college in 1966 by GE's Dr. Kurt Schmidt, the holder of the original HPS lamp patent granted to him that very year - 1966.   Dr. Schmidt was paid  less than 100 dollars  for his patent.      Burning behind his desk  during my job interview  was one of the first HPS lamps ever made.  Lamps of that design failed in a few weeks,  - they were useless.   And so for the next 20 years Dr. Schmidt,  I, and thousands of other engineers and co-workers from corporations at home and abroad worked to improve HPS lamps,  building on each others' ideas,  many of us receiving a number of patents of our own,  until almost all HPS lamps would burn at least six years.

      None of us were paid more than a few hundred dollars for any of our patents;  but by saving from our salaries most of us were able to accumulate hundreds of thousands in wealth,  some of us millions during our careers,  and the CEO’s of our companies tens of millions.  As a result of this generous but reasonable  compensation,  HPS  lamps  could be  and were  produced  in America  for  $8,  by workers paid  a  living  wage  of  $10  an hour,   and  sold  at a  15%  profit  for  $11.    That  was  Fair  enterprise.


​      Now  consider  the  methods  of  typical  Free  enterprise  (  Reaganite )  'superstars'  like  Bill  Gates  and  Steve  Jobs :   Because  Microsoft  massively  overcharged  customers  for  its  programs  ( copied for  a  few  dollars  ) ,  -- customers  consequently  less able  to  afford  anything  else,  --  the  Microsoft  stock  Gates  owns  is  worth  tens  of  billions.    Until   Steve  Jobs  moved  their  factories  to  China  in  2002   his  Apple  stock  was  worth  only  $7  a  share;   -  Chinese   slaves   made  him  a  billionaire.  

   How   do  corrupt  corporate  'leaders'  like  these  two  get  so  much  stock ?   They  issue  company  stock  that  should  all   be  sold  to  finance  company  operations ;  -  but  grant  most  of  the  stock  to  each  other  instead   (  through  interlocking  boards  of  directors  ).
  Why   do  corporate  looters   prefer  stock  grants  over  salaries ?    Because  stocks  are  not  taxed  unless  they  are  sold.​


   But  Gates  and  Jobs  at  least   produced  something;   -  most  of  our  predators  produce  Nothing.

 

  --- like corporate raiders,  spawned by Wall Street in the 1980's,  who buy asset rich companies, and then recover the purchase price and extract great profits for themselves by issuing debt against the assets of the companies;  --  the  debt of  course  to  be  repaid  by  layoffs,   wage  and benefit cuts,  and harder work for the remaining employees.  If the companies fail and everyone loses their jobs,  so what;  - the predators already have their money.   What do these predators produce ?  -- Nothing!


 ---  or like the savings and loan CEO's of the 1980's,  who ( after Reagan foolishly deregulated S&L's and gave them FDIC protection against loss ) used FDIC insured money to give fraudulent loans to swindlers building imaginary homes and malls in deserts,  and  to give themselves tens of millions in compensation packages.  What did these predators produce ?  --- Nothing!


 ---  or like the "investment" bankers of the last decade,  deregulated by Reaganites and guided by Goldman Sachs,  who knowingly  financed and packaged tens of thousands of designed to fail  jumbo NINJA home loans into tens of billions worth of designed to fail Mortgage Backed Securities and fraudulently sold them all over the world;  - but not before they bought a law  ( the CFMA of 2000 ) which allowed them to create the derivatives they needed to place tens of billions in bets that those  securities  would  fail.    What  did  these  predators  contribute  to  the  economy ?   --- Nothing!


 --- or like the hedge fund market manipulators of today, most of them now working directly with government insured banks since the repeal of the Glass--Steagall Act, who are using the large pools of depositors' money now available to them to buy futures contracts on stocks or commodities ( place bets on the direction of short term prices ), and then buy or short sell just enough of the stocks or commodities  to collect on their bets.   What  are  these  predators  contributing  to  our  economy ?    --- Nothing!


 --- or like that sweet old man in Omaha,  Warren Buffett,  who spent most of his life eating hamburgers,  drinking Coke,  and talking on the phone with his investment bankers at Goldman Sachs.  Did Warren Buffett  produce  the fifty billion dollars worth of wealth that he now owns by his labor,  or did he take it  from the producing class  with the help of  Goldman Sachs ?   --  There is only one  rational  answer to that question.


All  of these free enterprise activities should be forbidden by law or penalized by progressive taxation,  and before the Reaganites took control of our government all of them were.  Bribed Reaganite lawmakers  (  from  both  political  parties  )  turned  our  "shining  city  on  a  hill"  into  a  swamp  and  the  scum  rose  to  the  top. 


   " Every  new  regulation  concerning  commerce  or  revenue  presents  a  new  harvest  to  those  who  watch  [ or buy ]  the  change,   and  can  trace  its  consequences;   a  harvest  reared  not  by  themselves,   but  by  the  toils  and  cares  of  the  great  body  of  their  fellow-citizens."   -- ​ James  Madison


​    Fact:   Laws   can  always  make  wrong  legal,   but  they  can  never  make  wrong  right.   There  never  was  and  there  never  will  be  a  fair  way  to  "make"  a  great  fortune.     And  that  is  why  as   Jesus  said:   " It  is  easier  for  a  camel  to  go  through  the  eye  of  a  needle  than  for  a  rich  man  to  enter  the  kingdom  of  God. "

      America's predators  ( about 0.3% of us )  now have a combined net worth of over twenty trillion  dollars  and the bottom  40% a combined net worth of Nothing.   Why?  Because the flat tax, slave wage policies of privately owned ( bribed ) Reaganite lawmakers from Both political parties have been  "redistributing"  wealth  from  our  producers to  our  predators  for  decades.

( Fact:   The  effects  of  Reaganomics  have  been  entirely  redistributive  because  it  did  not  increase the inflation adjusted rate of GDP growth;  -- Eisenhower years +3%, Kennedy/Johnson  +4.85%,  Nixon/Ford +2.8%,  Carter +3.25%,  Reagan +3.4%,  Bush I +2.2%,  Clinton +3.9%,  Bush II +2.1%,  Obama +1.4%  )


Notes  on  other  Reaganite  myths:


Fact:  The  Reaganites'  global  slave  wage  economy  benefited  multi-national  corporations  far   more  than  it  did  American  consumers.   The  profits  of  the  S&P  500  are  up  over  900%  since  the  1980's  primarily   because  their  global  labor  costs  fell  while  our  CPI  continued  to  rise.


Fact:    Carter  didn't  cause  the  inflation  of  the  1970's,   and  Reagan  didn't  end  it.   OPEC's  tenfold oil price increase beginning in 1973  Nixon was president ]  started the inflation,  and  OPEC"s overproduction  [ the  "oil glut" ]  caused  a  tenfold  oil  price  decrease  beginning  in 1981  [ Reagan's  first  year ]  that  ended  it. 


Fact:  Reagan  did  not  end  Soviet  style  socialism,  he  adopted  it.   Reaganism,  Plutocratic Mercantilism,  and Oligarchic Socialism  all  rest  on  the same  corrupt  foundation;   --  control  of  both  the  government  and  economy  by  a  mega-rich  predator  class.


Fact:   The  mega-rich  are not  "the makers".   All  human  creations,  --  including  HPS  lamps,  'my'  book,  computers,  and  their  programs,   --  are  the  product  of  the  labor  of  millions.   Without  that  labor  we  would all  be  hunter-gatherers or subsistence farmers.  ( If  you  still  doubt  this,  read  the  essay  "I, Pencil"   written  in  1957  by  a  libertarian   economist.  )



     Addendum (Feb. 2013):  How do policies that favor 1% of Americans become law ??   Bribed  Republicans  and  'Democrats'  collaborate  to  disguise  them.   Consider  the   tricks  they  used  to  sneak  a  three  trillion  dollar   estate  tax  cut  for  the  richest  of the  richest  1%,   past  us: 


     In 2002 a Republican Congress 'temporarily' cut the top marginal estate tax rate from  55% to  50%.  They also dropped the rate to zero for one year,  2010;   -- a cunning  set-up for a  permanent  rate  'increase'  to  far less  than  50%.


      And that  is exactly  what happened.  In Dec. of  2012  a  'Democrat' Senate  wrote  (and Obama signed)  the  American Taxpayer  Relief  Act  which  gave  the 1%  a permanent  40%  estate tax rate,  -- 10%  lower  than the temporary  2002  rate,  and 15% ( three trillion  dollars )  lower  than  the  rate  would  now  be  if our  'Democrat'  Senate  and  President  had  let  the  temporary  2002  Bush  tax  cuts  expire.   (  Note:  That  law  did  let  the  temporary  payroll  tax  cut  for  the  working  poor  expire.  )


    What is the Capitalist alternative to flatter estate taxes?  - In his book "Rights of Man"  Thomas Paine,  a favorite of Jefferson,  suggests a twenty to one wealth ratio between the richest and poorest   producing  families in a society.

       Do some arithmetic;  Our national net worth ( wealth ) is over 50 trillion dollars and we have about  100 million families, - or $500,000 per family.  Twenty times the average family wealth then,  is ten million dollars. 

    So  let's  be  far  more  generous  to  our  rich  than  Paine  suggested;   No  estate  tax  on  the  first  $10 million  ( 20 times the average  wealth per family ),  rising  progressively  from  there  to  a  top  marginal  rate of  80%  over $50  million.  [  the  pre- Reagan  top  rate  was  77%  over  $10  million  ]     This  top  rate  would  hit  only  the  richest  of  our  richest  1%  and  yield  at   least  16  trillion  dollars,   enough  (  in  combination  with  Jeffersonian  income  taxes  )   to  eliminate  our  national   debt  upon  their  demise;   --  and  their  heirs  would   still   be  the  richest  of  the  richest  1%.


     But suppose that our mega-rich decide not to pay,  and they leave America instead?  Under U.S. law  renunciation of citizenship  does not  relieve tax liability,  and tax evasion is a  criminal offense.   If we could catch Bin Laden,  we can catch them.



​​

     In summary,  despite all of our problems,  there really  is  hope;  because the majority  have  the votes  to elect  Lincolnites.  ( think  real  Democrats  )


     What  would Lincolnites do to cure our morally ill  economy ?   Tax estates and income progressively; Eliminate all federal taxes on household income under $40,000 a year;  End outsourcing by restoring tariffs on slave wage nations;  End overseas military occupations and secure our borders;  Eliminate corporate taxes in exchange for a living minimum wage ( at least $15 an hour today ) for all working adults;  Nationalize the Federal Reserve;  and raise the annual revenue that we need to rebuild our infrastructure,  restore the environment,  and provide services for our disabled, sick,  and elderly.


     How  would Lincolnites raise that revenue?  Through Jeffersonian geometrically progressive marginal tax rate increases, starting to rise at $250,000 a year, on any combination of all forms of household income   --- including  stock  grants,  options,  dividends  and  capital  gains.

     Why  any combination of all forms of income ??   To eliminate loopholes that allow massive  theft  and  accumulation  of  wealth  by  'entitled'  predators.

      Rising to  what  level  ??    At minimum  the  pre-Reagan  top  rate of  70%  on  marginal  household  income  over  $400,000  a  year.


     America now has a government  of,  by  and for the predators  because they are bribing our lawmakers  with campaign contributions and/or promises of retirement jobs worth millions. ( these two forms of  bribery make term limits nonsensical  )

     But let's be honest, not critical;  -- how many of us would refuse to sell a few votes for a retirement job  worth  millions,   --  particularly  if  " everyone  else  is  doing  it "  ??

 

    Laws are the soul of a nation,  and lawmaking is the most important job in a nation.  The bribing of our lawmakers must be stopped, and there is only one sure way to stop it; --  entirely public financing of campaigns,  commensurate pay,  and mandatory retirements for life on generous government pensions.

      Consequently our laws should mandate entirely  public funding of federal campaigns,  and ban pay for work  of any kind   by 'retired' lawmakers.   

   The cost would be less than five billion dollars a year;  --  a small price to pay for a government  of, by,  and  for All  of our people.


Addenda:

​​

Dec.11, 2014:   The House spending bill includes Reaganite riders that significantly increase freedom for predators to scam or to bribe. One weakens regulations on derivatives,  the other increases donor campaign spending limits by hundreds of thousands.  Closet Reaganites Obama and Harry Reid are urging House Democrats to vote for the bill.  It should be opposed until those riders are removed.

Dec. 12, 2014:   It wasn't;   -- Washington's fealty to its mega-rich funders continues.



Feb.  2016:   Proselytizing  'fundamentalists'  from  every  religion  have  something  very  dangerous  in  common ;   --  an  egomaniacal  certainty  that  they  know  "the  will  of  God".   Consequently  freedom  of  religion  must  also  mean  freedom  from  religion.



March 2016:    We  Democrats  must  face  reality.  Obama  fooled  us;  - he  was  in  fact  a  "new Democrat" owned  by  the  oligarchs.   Want  proof?   His  choice  of  Rubin  and  Summers,  his 'justice'  department's  failure  to  prosecute  the  banksters,   the  American  Taxpayer  Relief  Act  of  2012  ( spearheaded  by  his  VP  Joe Biden )  which  gave  the  mega-rich  a  three  trillion  dollar  estate  tax  cut,   and  the  TPP.    Bill  Clinton,  the  first  "new Democrat",  was  no  better;  --  he  gave  us  NAFTA,   capital  gains  tax  cuts,  repeal  of  Glass-Steagall,  and  the  Commodities  Futures  Modernization  Act  which  deregulated  derivatives.    Bernie  Sanders  is  trying  to  give  us  the  first  real  Democrat  president  in  35 years;   -  are  we  foolish  enough  to  nominate  Hillary,   another  predator  owned  "new Democrat",   instead ??


March   2016:   Why  am  I  running  for  Congress  at  my  age  on  this  platform ?  --  because  someone  should  run  on  it  in  the  Mass. 6th  ( and  everywhere  else  in  our  country ) .



April  2016:    Reaganites  believe  that  the  parasites  are  the  successful  ( dangerous )  takers;  Lincolnites  believe  that  the  predators  are  the  successful  ( dangerous )  takers.   The  richest of  our  richest  1%  have  a  combined  net  worth  of  20  trillion  dollars,   and  the  bottom  40%  have  a  combined  net  worth  of  nothing;    --  So  which  side  is  right ??


April  2016:     "  they  see  things  as  they  are  through  thousands  of  millions  of  dollars,  and  that  is  a  pretty  thick  coating.   This  immense  pecuniary  interest  has  its  influence  upon  their  minds. "   --  Abraham  Lincoln
Republicans  and  "new Democrats"  say  the  "big-money"  they  take  does  not  influence  them;    --  history  and  logic  say  otherwise. 



June  2016:    In  every  society  throughout  history  there  have been  three classes  of human behavior;   the predatory,  the productive,  and the parasitic.   The  primary  economic  activity  of  predators  is  always  wealth  acquisition,   — they  are  "the takers”

      America's  mega-rich,  less  than  1%  of  us,  now  have  a  combined  net  worth  of  over twenty  trillion  dollars.   The  Reaganite  claim  that  so  few  produced  so  much  wealth  by their  labor  is  ridiculous!    Like  the  'entitled'  Lion  of  Aesop,  they  took  the  shares  of others,   flat  taxes  allowed  them  to  keep  what  they  took,   and  America  has  tens  of millions  of  working  poor  struggling  to survive  with  a  net  worth  of  Nothing  as  a  result. 


       Fact:  The  responsibility  for  that  is  Ours !!     If  We  the  Voters  don’t  stop  nominating  and  electing  “big-money”   candidates   America  will  remain  the  world’s  largest  free-trading,   flat-taxing,  oligarchic socialist  banana  republic.
       What  is  oligarchic  socialism  ??   --  The government,  media,  and means of production  all controlled by  a mega-rich  predator class.

       Who  alone  can  end  oligarchic  socialism  in  America ???    --  us.


 CLOSING ARGUMENT 

 QUOTES FROM  ADAM SMITH,  THE  FOUNDING FATHER  OF ( REAL )  CAPITALISM;   ---

 PART 3:     FAIR  ENTERPRISE  


   


      



PART 5:    PUBLICLY SUPPORTED FEDERAL LAWMAKERS  

 


 
 

   HUMANS ARE FAIR,  ANIMALS ARE FREE

 WHICH OF THE TWO DO WE WANT TO BE ?


John Gutta for Congress


   The Historical argument for Laws establishing economic Justice


       " A nation may be said to consist of its territory, its people, and its laws. "

                                                                                              ---  Abraham Lincoln


       America's territory is one of the richest on earth in climate and natural resources.  Our people have a range of abilities equal to any other.  And so,  by process of elimination,  our  laws  must be the cause of our sick economy.  This  is  good  news.  Territories and  people  are  hard  to  change.  Laws  can  be  changed  with  a  pen and  paper;  -- and   the  goal  of  the  laws  must  be  justice.


        " Do unto others as you would have them do unto you !! "


    This Biblical mandate for justice,  common to all major religions, became  the  American  Dream;   -- " one nation,  under God,  indivisible,  with  liberty  and   justice  for  all. "


      Why justice?  -- and  why not  freedom?  Ask yourself a question;  -- Was the American Revolution fought to make us free to be as unfair as  England,   or to end  the freedom  of  England  to be unfair?

       The answer is obvious:  The American Revolution was not a war for  freedom,  it was a war against  injustice.  We were a resource rich foreign territory being economically raped by England.  (  a fact that American advocates for military occupations of oil rich foreign territories conveniently forget  )


     But to establish justice for all,  laws must limit the freedom of all.  Why?   Again the  answer is  obvious:  Look at  the  people around  you;  - 

are any two of us equal in  strength,  intelligence,  ambitions,  empathy and  morality?

       Of course not!  -- no two humans ever were equal,  and no two humans ever will  be.


       Because  humans are not equal,  they  cannot  be free,  and  justice  must be the  first and  highest priority of  governments.


​    This self-evident, timeless truth was noted by many great men of history;   ---


       " Human nature will not change.  In any future great national trial,  compared with the men of this,  we shall have as weak and as strong,  as silly and as wise,  as bad and as good .  .  if all men were just,  there still would be some,  but not so much, need of government. "  ---  Abraham Lincoln


     " Still one thing more fellow citizens   -- a wise and frugal government, which shall restrain men from injuring one another,  which shall leave them otherwise free to regulate their own pursuits of industry and improvement,  and shall not take from the mouth of labor the bread it has earned."  --- Thomas Jefferson


     " Every man,  so long as he does not violate the laws of justice,  is left perfectly free to pursue his own interest in his own way."  --  Adam Smith in Wealth of Nations


    " Society is produced by our wants and government by our wickedness;  Were the impulses of conscience clear,  uniform,  and irresistibly obeyed,  man would need no other lawgiver.  Government,  like dress,  is the badge  of lost innocence. "   --- Thomas Paine in Common Sense


       Putting  these  flowery  arguments  in  blunt,  modern  language;  There will  always  be  some  who  are  strong  but  unfair;   some  who  are  smart  but  unfair;   and  so  governments  are  necessary  to  see  that  no  one  is  free  to  rob  others  by  force  --  the  power  of  a  superior  body,   or  to  cheat  others  by  fraud   --  the  power  of  a  superior  mind. 



       What then,  is the meaning of the word  "liberty" in our pledge of Allegiance and the Preamble to our Constitution?   Abraham Lincoln answered;   ---


        " The world has never had a good definition of the word liberty,  and the American people just now,  are much in need of one.  We all declare for liberty;  but in using the word we do not all mean the same thing. With some the word liberty may mean for each man to do as he pleases with himself,  and the product of his labor,  while with others the same word may mean for some men to do as they please with other men,   and the product of other men's labor.  Here are two,  not only different,  but incompatible things,  called by the same name,  liberty.  And it follows that each of the things is,  by the respective parties,  called by  two different  and  incompatible  names   --  liberty  and  tyranny. "



       The messages from our past are clear:  liberty is not a right to be  free;  it is an obligation  to be  fair.


       Please stop right now!!  Go back to the beginning.  Read and reread the historical quotations again.  Think hard on what they are telling us;  -- because in these few quotations are  the essence of a nation,  the nature of mankind,   and the purpose of laws.


​       To my mind,  these quotations present a  self-evident  argument for a political party advocating liberty and economic justice.  And to my mind,  these quotations,  in combination with the quotations in the chapters that follow,  conclusively prove that the platform of that party must include five Capitalist policies;  --  fair trade, Jeffersonian pro-gressive taxation,  fair enterprise,  a publicly owned national currency,  and publicly  supported  federal  lawmakers.


(   Note:   All  five   policies  are  essential ;    but ,  because  of  bribery ,  all five  have been opposed by a  majority  of  lawmakers from both  political  parties   for  the  last  30  years !!   )


      But  mine is  only  one  74  year  old mind,  and  I have  only  one vote.

If liberty and economic justice are to be established in America, a  majority  of  votes  are  needed.

     This need for a majority of votes is good news;  because it tells us that the liberty and justice of Capitalism,  as defined and defended in writing by great leaders of history,  can be established in America without the votes of the millions of TV Newspeak junkies and talk-radio dittoheads  who  won't read  and  think  for  themselves.


      Unfortunately,  in  spite  of  this  good  news,  America  still  has  a  bribed   President  and  Congress  promoting  the  free  trade,  flat  tax  policies  of  Ronald  Reagan !!   Why??  --  because  a  majority  of  us  continue  to  support " big - money " ( predator  controlled )  candidates  in  our  primaries.


"Ours  is  a  government  of  laws  and  not  of  men"   wrote  John  Adams.

     

    It  necessarily  follows  that  the  quality  of  our  laws  is  determined  by the quality of the humans that we choose to write them ; -- The  responsibility  is  ours !!


​   All of which leads to what might be the most important of all self-evident truths;  -- A  government  of  the  people  and  by  the  people  can be  no  wiser  than  the  majority  of  the  people. 

        Labor was the first price,   the  original  purchase-money   that  was  paid  for  all things.  It was  not  by gold  or by silver,  but  by labor,  that  all the wealth  of the world   was  originally  purchased. "


(  Note:  This is an argument for a  labor based  economy.  )



      "  Money,  no  doubt,  makes  always  a  part  of  the  national  capital,  but  it  makes  always  the  most  unprofitable  part  of  it.   The  great  wheel  of  circulation  [ money ]  is  altogether  different  from  the  goods  that  are  circulated  by  means  of  it. "


(  Note:  This is an argument for a  publicly owned  currency. )



     " By  preferring  the  support  of  domestic  to  that  of  foreign  industry,   he  [ a busi-

nessman ] intends only his own security;  and by directing that  [ domestic ] industry in such a manner as its produce may be of greatest value,  he intends only his own gain,  and   he  is  in  this  led  by  an  invisible  hand  to  promote  an  end   [ the  good  of  his country ]  which  was  no part  of  his  intention." 


      " By means of glasses,  hotbeds,  and hotwalls  [ heated greenhouses ],  very good grapes can be raised in Scotland,  and very good wine too can be made of them  -- at about thirty times the expense for which equally good wine can be brought from abroad.  Would it be a reasonable law  to prohibit the importation of  all foreign wines? "


  (  Note:  Adam Smith is  arguing for domestic  manufacturing and  natural  advantage;

not  Reaganite  outsourcing  for  slave  wage  advantage.  )



    " The ultimate object [ of Capitalism ] is to enrich the country by an advantageous balance of trade. It discourages the export of the materials of manufacture [ natural resources ],  and of the instruments of trade  [ machinery and factories ],  in order to give our own workmen an advantage.   It encourages the importation of the materials of manufacture,  in order that our own people may work them up more cheaply,  and thereby prevent a greater and more valuable importation of the manufactured commodities."  


( Note:  Read this statement by Adam Smith again carefully and you will see that the Reaganites have us doing  exactly  the  opposite.   The effects?  ---  high domestic unemployment,  depressed producing class wages,  trade deficits,  and soaring profits for our predator class.  )



     " In reality high profits tend much more to raise the price of work than high wages. The rate of profit of merchants and master manufacturers is naturally low in rich,  and high in poor countries,  and it is always highest in the countries which are going fastest to ruin."  


( Note:  This is an argument for Jeffersonian progressive taxation.  Thanks to the Reaganites' flat tax rates and outsourcing the aggregate profit of our predator class is now over twenty trillion  dollars,   and  we  are  on  the road  to ruin.  )



      " A man [ adult ] must always live by his work, and his wages must be at least sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him  to bring up a family." 


(  Note:  This is an argument for a minimum wage that will support a family.  Which should be offset by tax relief and/or subsidized apprenticeship programs for small business  owners.  )



      " Whenever the legislature attempts to regulate the differences between masters and their workmen,  its counselors are always the masters.  [ Beware the laws ] which the clamour of our merchants and manufacturers have extorted [ bought ] from the legislature  for the support  of their own absurd  and oppressive monopolies;   Like  the laws  of Draco,  these laws  may be said to be  all written in blood." 


 (  Note:   This  is  an  argument  for  publicly  supported  lawmakers.  )



     " The proposal of any new law or regulation of commerce which comes from this order [ merchants and master manufacturers ] ought never to be adopted till carefully examined with the most suspicious attention.  It comes from an order of men who have an interest to deceive and oppress the public, and who accordingly have, upon many occasions,  both deceived and  oppressed it."


(  Note:  This is an argument for  fair enterprise.   Study  the  philosophy  of  business school 'superstars' who are bribing lawmakers from both parties with campaign  contributions  and/or  promises of  retirement  jobs  worth  millions;  --  anything  legal   goes,   profits  first,   products  second,   the  environment  and  people  last. )


 

     " Every man,  so long as he does not violate the laws of justice,  is left perfectly free to pursue his own interest in his own way."


(  Note:  This  is  Adam Smith's  declaration  for  liberty and economic justice !!   )



Clearly, Adam Smith would have wanted a "democratic socialist" ( closet Capitalist ) like Bernie Sanders  in the White House,  and  a  lot  fewer new Democrats  and Republicans  (  oligarchic socialists  )  in  Congress.   "We the People"  should  too.

 

 PART 4:     A PUBLICLY OWNED NATIONAL CURRENCY  

Pat and John Gutta


P.P.S.    Hot button positions:  ---


Affordable care:   If you have health you need health insurance;   -- public option for all.


Illegal immigration:   Secure our borders,  but provide a path to citizenship for those already here. 

                                      Federally mandate living minimum wage for all working adults,  and restore

                                      tariffs on slave  wage nations to create tens of millions of additional jobs   -- more 

                                      than enough for everyone.

                                       

Gun rights:   Allow recreational shooting and hunting in restricted areas,  and carrying in populated areas

                       by local law enforcement permit.   Weapons of mass slaughter should be banned.

                       Run instant point-of-sale background checks by pictured citizenship card.


Territorial waters:   6th district commercial fishing grounds are for 6th district fishermen.


Reproductive rights:   Pro-contraception;  --  Earth  is overpopulated.  

                                       (  abstinence  is  anti-sex  contraception  )


Right to life:   Mandatory adoption of all unwanted children by registered pro-life activists. 

                        (  children placed by lottery  )


Abortion rights:    Pro-choice up to 20 week pain threshold,  health and quality of life reasons afterward. 

                                (  see right to life above  )


Gay rights:    harm no-one.


4 dead in Benghazi:   3,000 dead in NYC  ( and two hopeless wars )  because the Bush

                                       administration ignored FBI warnings about known terrorists taking flying

                                       lessons in Florida.


Middle east policy:   Get out and stay out militarily;  -- unsophisticated tribal religious fanatics can't 

                                     be pacified,   and they  should be  no threat to us.   ( see Bush above )


Palestine policy:   The U.N. made the  Holy Land  of  three major religions  a  Jewish  state.  The U.N. should

                                correct that mistake by making it a  neutral,  U.N. controlled and policed religious shrine.

                                (  to the dismay of Bible literalists,  this would avoid Armageddon  )



PART 1:     TARIFFS AND A  LIVING MINIMUM WAGE  

    " Government,  possessing the power to create and issue currency and credit as money, and enjoying the right to withdraw currency and credit from circulation by taxation and otherwise,   need not  and  should not   borrow capital  at interest. "   --  Abraham Lincoln


    Which brings us to the greatest predators' scam of them all; - that privately owned corporation, cunningly called the  "Federal" Reserve,  that buys all of our currency from us ( the nation ) for pennies a note,  and then  lends it back to us  ( the nation )  for face value plus interest.


     The proof for this statement is contained in quotations from economics textbooks, primarily those  from pages 237 and 238 of a Federal Reserve bankers' handbook  - "The Federal Reserve System" edited by H.V. Procknow,  vice president of The Federal Reserve Bank of Chicago   -- 


   " All paper currency is in the form of Federal Reserve Notes issued by Federal Reserve Banks. . Federal Reserve Banks are owned by the member banks in their districts. . Federal Reserve Notes are produced at the Bureau of Engraving and Printing in denominations ranging from $1 to $10,000. . The Reserve Banks pay only the cost of producing  their notes, about one cent per note,  no matter what the denomination."  


     So there it is in print for anyone to read;  -- All the currency of America was produced by our government and sold to private bankers for a penny a note no matter what the denomination. The bankers  then lent it  back to the government,   or to  the general public,   for face value  plus interest.


        The   interest  on  "their"  currency  has  been  compounding  since  1913,   and  our  combined  public-private debt to the bankers is now  tens of trillions of dollars;   almost all of it unpayable interest  because  less  than  two  trillion  dollars  worth  of  currency  exists.

     The  producers  of  our  currency,   the  printing  press  operators,   didn't  charge  our  nation  tens  of  trillions  of  dollars  in  unpayable  interest;   predators  who  produced  Nothing  did.


         To demonstrate that the interest is unpayable,  lend a dollar to a friend at 5% interest;  -- obviously he can repay you by working for someone else in our nation who pays him the dollar and the interest.

         But now let your friend represent the entire nation including the government,  and the dollar all of the currency;  -- your friend could return your dollar,  but where could he get the interest?   The answer is obvious;  -- there is nowhere he could get it.

     Furthermore,  if he returned the dollar ( the principal ),  there would be no currency left in the nation and almost all economic activity would end.


         How  did  "We the People"  get  in  such  a  stupid  mess?    Surely  not  one  of  us,  as  an  individual, would be fool enough to sell all our currency for a penny a note and borrow it back for face value plus interest.  Why then, as members of our nation, was every one of us fool enough to do exactly that ??Because  as  individuals  we  watch  for  such  tricks;   but  as  members  of  our  nation  we  each  rely  on  others  to  watch  for  us   --  and  so  no-one  at  all  does  the  watching.     ( The  responsibility  is  ours!  )


         And  now  the  bankers'  bribed  puppets  in  Washington  are  telling  us  that  even  though  we  have  all  sorts  of  work  to  be  done   (  like  educating  our  young,   repairing  our  nation,   and  caring  for  our  sick  and  elderly  ) , the  physical  resources  to  do  the  work ,  and  tens  of  millions  of  unemployed  or  under-employed   Americans  willing  and  able  to  do  the  work ;   -- the  work  can't  be  done  for  the  want  of  a  pile  of  green  paper !!


       Which  raises  a  very  interesting  question:   --  Why   are  a  majority  of  Americans  fools  enough  to  believe  That ???


     The Capitalist remedy??   -- Nationalize  the  Federal Reserve  ( and with it  "their" notes )  to create a publicly owned currency and a central bank that,  through federal deficit spending,   injects all   currency  into  our  economy  principal  and  interest  free  to  the  government   at  a  rate  tied  by  law  to  domestic  wealth  production. 


    The last condition,  tied by law to  domestic  wealth production,  is vitally  important for two reasons:  First;   --  a nation always  devalues its currency when it creates money at a faster rate than the labor of its people  produce wealth at home.

Second;  -- a nation always devalues its currency when it buys more wealth from abroad than the labor of its people  produce and export from home.

     Consequently a Capitalist economy must be domestic labor  based;  and a Capitalist nation should produce all of the goods and services that it can at home,  and buy nonrenewable resources ( like oil )  from  abroad.


​    


 


  

" A nation may be said to consist of its territory,  its people,  and its laws.  The territory is the only part which is of certain durability.  Our national strife springs not from our permanent part,  not from the land we inhabit,  not from our national homestead. 

Our strife pertains to ourselves  -- to the passing generations of men.  It is the  eternal struggle between these two principles   --- right and wrong;   the one is the common right of humanity, 

and the other the divine right of kings.  It can without convulsion be hushed forever with the passing of one generation.

We shall nobly save,  or meanly lose the last,  best hope of earth." 

 

                                                                                 ----   Abraham Lincoln



                                              Please;

             Go back to the beginning and read the 

   quotations again,


            today only the words are theirs,

                                the responsibility is ours.


                                                                          For a Fair America,

                                                                                                John Gutta

  " A man must always live by his work,  and his wages must be at least sufficient to maintain him.  They must even upon most occasions be somewhat more;  otherwise it would be impossible for him to bring up a family. "  -- Adam Smith in  Wealth of Nations

 

    Every American can't be a college educated genius as the weak minded now in Washington propose.  Every society has people with a wide range of abilities, and people of all abilities need living wage jobs.  Our domestic economy must provide those jobs once again.   And it very easily  can.   Consider the following :


      We now import over a trillion dollars worth of computers, cell phones, TV's, toys, furniture, appliances, tools, clothes, and car parts annually from countries like China, Mexico, Indonesia, and India;  -- corrupt Third World nations where tens of millions are kept desperately poor so that they must accept less than $4000 a year and work 70 hours a week just to survive like animals in polluted slums or crowded barracks.

         Do some arithmetic;  -- one trillion dollars worth of Third World imports divided by 14 million workers equals a little over $70,000 a worker.

       So; if we restored tariffs on slave wage nations and saved a trillion dollars by making products we now import,  we would create 14 million manufacturing jobs worth $70,000 a year,  eliminate our 500 billion dollar trade deficit,  and have 500 billion left to buy all of the oil we need  (  not want  -- climate change is real  )  at a fair market price;  -- making expensive military occupations that invite terrorism  unnecessary.   We could even afford enough oil  ( a  nonrenewable national  resource )  to put some   back  in the ground  for future  generations.


Note:  Because  the  World  Trade  Organization  mandates  permanent  most  favored  nation  status  (MFN)  for all of its members,  we should withdraw from the WTO.   But in 2000,  our Congress voted to remain in the WTO. The result? A massive increase in outsourcing to "most favored" slave wage  members  like  China,  Mexico,  Indonesia,  and  India. 


Fact:  The  Reaganites'  global  plantation  economy  was  designed  to  benefit  their  predator  class  funders,   not  American  producers.   The  profits  of  the  S&P  500  are  up  over  900%  since  the  1980's  in  large  part  because  outsourcing  and  increased  immigration  depressed  domestic  wages.





     Over 2500 years ago a Greek named Aesop told a story about a lion,  -- the king of the beasts :


       " A lion and other animals formed a corporation to provide food.  The fox made the plans;  the birds found the food;  the dogs tracked it down;  the wolves dispatched it;  the oxen carried it back;  and the lion divided it. 

       After he divided it the lion took one share of the meat for himself because he was their leader,  and he took the rest because he was the king of the beasts.  The sinews and bones were all that he left. "


          The  wisdom  of  this  ancient  fable  still  applies  today.    Those  at  the  top  of  corporations,  including  America  Incorporated,  decide  the  value  of  every  member's  contribution;  including   their  own.     And,  like  Aesop's  predatory  lion,  they  usually   decide  that  they  'earned'  and  should get  a  lion's  share  of  the  profits. 

 

      The  only  antidote  for  this  behavior  is  effective  Jeffersonian  progressive  taxation ;  ---


 "legislators  cannot  invent  too  many  devices  for  subdividing  property . . exempt  all from taxation below a certain point, and tax the higher portions of property in geometrical  progression  as  they  rise."   --  Thomas  Jefferson


​Note:  "Exempt  all  below  a  certain  point"  means  no  federal  taxes  of  any  kind  ( including  payroll  taxes )   on  the  first  $40,000  of  household  income,   or  the  first  $10  million  of  estates.  

Why ?  -  Because  the  primary  purpose  of  taxation  in  a  Capitalist  society  is  to  recover  wealth  unfairly  acquired   by   predators  (  "the takers" )  and  return  it  to  the  producers  ( "the makers" ). 


How  equal  should  we  be ?    - history  ( and  logic )  suggest  that  the  richest  households  should  have  no  more  than  twenty  times  the  average  wealth  of  all  households.