As a Harvard Law Student, Barack Obama Said Becoming Donald Trump Was The American Dream

ROFLMA!!!

READ MORE

Introducing THE USA PLAN

The USA Plan is bold and truly revolutionary. It should satisfy both capitalists and collectivists, Republicans and Democrats, Libertarians and Anarchists and everyone in between because it makes the poor, the middle-class and the rich wealthier – in fact it delivers the American Dream to just about everyone.

www.TheUsaPlan.com

The USA Plan is designed to increase the wealth of all citizens not just the few. It is triggered by the reduction of taxes imposed on them by government. The Plan is based on the Rise Up Theory of Economics which elevates the financial rights of the individual over those of the state.


The Rise Up Theory does for the poor and middle class what the "Trickle Down" Theory did for the rich - it makes them wealthy. It closes the gap between the rich and the poor and eliminates the cry for social justice. It reduces the income disparity which has become a major political issue for which no party has been proposing a workable solution. The USA Plan is that solution.


It is a simple concept, it redirects the 15.3% presently paid by individuals (and in the case of employees, their employers too) in the form of payroll taxes into a personally-owned investment account ( a “USA” – a Universal Savings Account)) that will grow into millions over the citizen's working life. The funds are invested in safe indexed stock funds that have historically been growing at over a 10% rate for the last 25 years.


At that rate of return a taxpayer or household making an average $50,000 per year would invest 15% per year or $7,500 and generate over a 40-year working life a $4 million nest egg. Go to the website www.theusaplan.com to review the year by year analysis of how the $300,000 ($7,500 x 40 years) accumulates, grows and compounds into a $4 million-dollar nest egg which will throw off a $33,000 a month retirement check.


As it will not require a taxpayer to invest his after-tax dollars into IRA or similar retirement plans it will cost no more than what is presently being taken by government. Americans can then use their after-tax cash to support their chosen lifestyles. The USA Plan will insure them of an affluent retirement and enough monthly income to buy the best medical care on the planet. The Plan eliminates the need to save for retirement.


As we know all private and public pension funds are all heavily invested in the stock market. By creating a vehicle to fund the growth of the private sector the investment of “USA” funds will immediately create millions of new jobs while at the same time guaranteeing the taxpayer a million-dollar nest egg at retirement. It will explode the overall wealth of the nation. The USA Plan is a short- term solution as well as a long-term solution we all are looking for.


Man has been saddled with poverty since the beginning of time. The few who were fortunate enough to be born into wealth or smart enough to accumulate it throughout history have always been a very small number of people. American independence changed all that to enable more 0f the population to become wealthy.


Unfortunately one-hundred years ago that independence permitted the people to give the right to tax incomes to the state which has been perverted into a mechanism to funnel wealth to the very few who know how to legally avoid taxation - Guys like Warren Buffet and Bill Gates whose fortunes have never been taxed because we don’t tax the appreciation in value until the stock is sold.


America has never attempted to solve the riddle of poverty but has left that up to the individual. He or she either sinks or swims AFTER TAXES. And there is the problem. By punitive taxation and suffocating regulation that raise all costs of living most Americans can’t save or work their way out of poverty. The talk of the American Dream of financial independence is just that – talk.


The Rise Up Theory of Economics as incorporated in the USA Plan will solve the riddle of poverty and generate all kinds of peripheral benefits not the least of which will be the elimination of war as soon as the Plan is adopted throughout the world.


War is not waged by people who want to protect their property.


Of course “peace on earth” depends on America leading the way and exercising leadership and resolve not to change or weaken the


USA Plan.

I, TOO, HAVE A DREAM...

The NEW American Dream!

Healing the Nation

by Dick McDonald
Ownership Society Institute

The American people are on to politicians and they don’t like what they see. And what they see is a daily diet of talking points that are only 1% solutions at best to their 100% problems. A diet that consists of ideological issues of small versus big government, socialism versus capitalism, deficits versus surpluses, entitlements versus privatization, job losses versus job creation and a whole host of peripheral issues that aren’t of the slightest interest to average Americans.

What the average American wants is a better standard of living for himself and his family and a way to achieve the American Dream of financial independence. Unfortunately they got a Democrat who promised to fulfill those dreams but turned out to be a tax and spend socialist who can only deliver what he steals from the rich and productive elements of society. He turned out to be a one-trick pony just like all totalitarian-socialist dictators are.

So how do we heal the nation?

The Democrats claim to socially represent the underdog in America but in reality tax them unmercifully with payroll, sales, energy, property taxes and in some cases income taxes. Tax them to the point they can’t save a dime. The Republicans, on the other hand, support the rule of the jungle – survive on your own or die. Neither party has done anything significant in decades to elevate the prospects of the underclass.

The Democrats promote bigger government to impose their policies; Republicans pretend to champion small government. However, to really understand how to heal society we have to contend with the libertarians – they want no government control of any aspect of the citizen’s life. And that is the building as well as the stumbling block to crafting a solution for our national problems.

As a starting point let’s take aspects of the Democrat and Libertarian views and compromise. The Democrats want the common man to thrive (those Democrats, Socialists, Communists that are really interested in delivering the “common good”) so let’s privatize payroll taxes and give each taxpayer back the 15.3% in taxes he pays. That will satisfy the Libertarians too – it will get the government out of the individual American’s business.

However, the Democrat will rightly point out that ordinary Americans are not prepared to invest in their future and in most cases will spend all that 15.3% currently and not save a dime. Eventually they will become a ward of the state and make the privatization of their payroll taxes a useless exercise.

This is where the Libertarian will have to compromise with the Democrat and restrict the individual from spending that money during his lifetime and put it in a non-governmental trust to accumulate and compound into a sizeable nest egg for retirement. Although the taxpayer can’t use the money before retirement, it is his and no one else’s.

Now having done the “common good”(satisfying the Democrat) and freed the individual from confiscation by the state (satisfying the Libertarian) – the Republicans and their capitalism come into play. By privatizing the $1.3 trillion in annual payroll taxes and investing them in the stock market the economy will explode and send the market indexes like the DOW and the S&P 500 right through the roof.

Tens of millions of jobs will be created by the private sector.

More importantly the people will have a Congress that worked for them. The average household at today’s prices will accumulate a $4 million nest egg at retirement and $33,000 a month retirement check. Today the average American can look forward to a monthly Social Security check of $1,300 and no nest egg whatsoever.

Now there are those that say the market is too risky – “look what happened to the DOW”. It is down to 10,000 from a high of 14,142. What these critics forget is that a 40-year investment started 40 years ago with the DOW at 800. The average rate of return is approximately 10% per year for 40-year cycles since 1871. So much for “risk”

Then they will say we can’t afford to pay off everyone under the old programs. That is nonsense. Privatizing these programs will generate enormous economic activity and increase “income tax” receipts to the point the excess generated can pay off older participants within three years. Remember privatizing will immediately extinguish today’s $111 trillion of unfunded debt upon enactment.

With one national pension plan the cities, counties, states and the federal government will be free of those costs and able to survive the current bankruptcies they have created. Look – instead of a $15,000 Social Security pension the average household would be looking at a $400,000 a year pension. Even those government employees that enjoy $100,000 a year pensions would greatly benefit by privatization.

The Ownership Society Institute (OSI) has developed a complete plan, Rise Up America (RUA), to increase retirement benefits and rapidly create wealth for all Americans. You can access this plan here or type www.riseupamerica.us into your browser.

America is going transform. It is just a matter if it plans to implode in terminal socialist bankruptcy or thrive in capitalist-delivered wealth.

The Transformation of the American Dream into the American Nightmare

If you haven't seen the movie that is referenced in the opening of this article, you really should!

In the movie Moscow on the Hudson (1984) Vladimir Ivanoff, a frustrated jazz musician living in the overregulated and dysfunctional USSR escapes to New York City, only to be initially bewildered and then angered by the chaotic freedom he sees around him. Eventually Ivanoff comes to realize that America is not a utopia, but rather a society in which you are free to be responsible for your own happiness.

The contrast between the film's vision of a repressive and corrupt Moscow, where there are laws for everything, yet everyone lives outside the law because everything you want requires going outside the system, and its vision of New York City, where there seem to be virtually no laws for anything, but yet everything you could want is available if you can find a way to get it-- aptly marks the contrast between the planned and the unplanned society.

That contrast once lay at the heart of the American Dream, of a country where you have the freedom to achieve anything if you strive for it. But while the rhetoric of the American Dream is used just as often by politicians, it has come to mean something else nowadays, namely government subsidized goodies to help you "realize" the American Dream. This subtle distinction has transformed the American Dream from one of individualistic independence, to one of government dependency.

The Democrats promise that if we give them power, they will rule with a level of fairness that we ourselves are not capable of. And when they have looted all the treasury, and have their mobs to bay for anyone's blood who questions them, when there is a law and a rule for everything, but no one obeys them if they can get away with it, when there is a smiling tyrant on every wall offering us a tenth of our own income back in government coupons... then we will truly be a progressive society that any student of history would recognize.

The American Dream is not a mere dream of commerce, but a dream of freedom. Freedom in labor, freedom in industry, freedom in thought and speech, and freedom of association. That is the American Dream we are fighting for. That is the American Dream that the left is fighting against. We can best defeat the left by offering the American Dream as the antidote to the American Nightmare.

Read the whole thing!

Rise Up: Reclaiming the American Dream

The Question and Answer

Social Security was created in the 1930’s to help elderly Americans fund their retirement. But now we're left with this question – is the way they decided to fund it the best way to do it today? Social Security and Medicare are both technically bankrupt. With the pay-as-you-go method, there won't be enough working people to pay for the system. It's unsustainable.

Welcome to the Rise Up initiative; no new taxes, no cut benefits, no temporary fixes. Rise Up will maintain benefits for retirees, greatly increase retirement benefits for the future, slash taxes, put money back into everyone's hands for they and their children's futures, and eliminate the $58 trillion unfunded Social Security and Medicare liability.

This Plan Will...

• Generate the biggest tax cut in history
• Reduce the size of government by half
• Alleviate poverty and economically emancipate lower class citizens
• Infuse enormous sums directly into the economy and accelerate growth
• Eliminate the need for government pensions and Medicare
• Pay off all $58 trillion of unfunded Medicare liabilities
• Give back to Americans the money that they earn
• Increase the economic opportunities of all Americans

Why It Isn't Working

When Social Security and Medicare were originally set up, they were intended as retirement programs and never designed as safety nets. Contrary to popular belief, the programs are not a fund that you pay into as you work and draw on when you retire. It's pay-as-you-go, with taxes from those working paying for the benefits of those retired. When the system was first set up under FDR, the program was small enough and the number of people working large enough to fund it, but since that time both the coverage of the program and the percentage of people retiring have increased, making the burden heavier and now unsustainable. As of today, future benefits to be paid out will exceed anticipated payroll taxes by $58 trillion. That's a debt of $188,000 for every man, woman and child in America or over $500,000 for every household.

Unfortunately politicians haven't addressed the problem, preferring to kick the can down the street to future generations. In the next few years the anticipated benefits will outstrip what payroll taxes can fund, which means we either impose new taxes on workers or we reduce the benefits everyone receives at retirement. But there's another option: Rise Up will let us climb out of the hole we've dug ourselves into, substantially increase benefits and dramatically reduce taxes.

How This Works

Rise Up redirects the 15.3% payroll tax paid by individuals (and in the case of employees, their employers too) into a personally-owned investment account that will grow over their working life. The funds are invested in safe indexed stock funds that have historically been growing at over a 10% rate since 1911. It will not affect current checks for retirees - the enacting legislation guarantees zero reduction in benefits and those benefits will be backed by the government. In fact, those benefits may be increased over present levels. Seven important principles make Rise Up work:

I. Convenience: For those people who can’t manage their own money, contributing to the capital pool for investment is automatic.

II. Constancy: It won't cost the taxpayer one dime more than it does now – it will be the same 15% deducted for payroll taxes now paid for by the taxpayer and his employer or just the taxpayer if he is self-employed.

III. Security: The taxpayer’s funds are are unreachable by politicians, Congress, taxes, courts, or anyone else. No one, no entity, can invade the taxpayer’s personal account during his working life, giving it the opportunity and time to grow.

IV. Stability: As a minimum all present and future retirees without the time to accumulate their nest eggs are guaranteed to receive from the government the same present benefits paid under Social Security, Disability and Medicare for the rest of their lives.

V. Neutrality: The taxpayer’s funds will not be managed by stock brokers or investment houses; the trust will merely invest in already existing stock indexed funds directly bypassing the cost of Wall Street advice, management and tricks.

VI. Choice: The taxpayer will control which stock funds his or her money is invested in during their working life. These funds will track the steady upward movement of the market and grow with our economy.

VII. Safety: The funds will not be invested in risky stocks funds They will contain hundreds of quality stocks and avoid having one or two or even a group of them crash the whole account.

Balancing the Present and Future

Rise Up will direct Federal payroll taxes to be placed in the Personal Pension Investment accounts (PPA) of each particular taxpayer while also providing for the funding of all benefits of existing Social Security and Medicare beneficiaries. How is this done?

A dollar a year invested for 40 years compounds into $442 at a rate of 10% per year, whereas printing 40 dollars over 40 years generates only a $40 currency dilution, or $40 more dollars put into the total money supply, making each dollar worth less. The PPAs will grow over time to the point where in 40 years they will be 11 times greater than the actual currency dilution if all benefits had been paid for 40 years by printing money.

In the short term, the infusion of massive amounts of new capital into the stock market will substantially increase economic activity and double Federal income tax revenue within three to five years. This increase can be used to pay the benefits due under the old entitlement plans and reduce the need to use printed money.

There are also numerous other ways to fund the old entitlement benefits other than printing money or using taxes, such as privatizing public lands, buildings and other government facilities. As older participants pass out of the system, the old entitlement liabilities extinguish themselves. And depending on growth patterns, the PPA will be sufficient after 15 to 25 years to fund benefits equivalent to those guaranteed under the old plans, taking away the need for calculation of unfunded liabilities.

Our Economy

A free market relies on an ever-increasing pool of capital with which to grow and prosper. Unfortunately, punishing taxation, suffocating regulations and artificial "stimulus" packages funded by government debt, borrowing, and future taxes puts a drain that capital, stunting economic growth. The money infusion by PPAs represents the investment necessary to rapidly grow the economy.

PPAs, by investing in stocks, will add $100 billion a month to the economy, or $1.2 trillion a year, with no new taxes, government spending, or more borrowing to pay for that spending. That's $1.2 trillion a year of new investments, new businesses and new jobs. The multiplier factor will take that annual $1.2 trillion and create a least $6 trillion of new GDP and millions of new jobs, throwing the economy into over-drive. And every working person, from the richest to the poorest, will be able to put away money. But what will that look like?

Average Americans

In recent years the average American has not been saving but spending all their income just to stay afloat. With Rise Up, that all changes.

The average American household makes over $50,000 a year and pays over $7,500 in payroll taxes. In plain math, that $7,500 invested each year in the stock market, earning 10% a year over 40 years, will generate a $4 million nest egg that throws off a $33,000 a month retirement check without touching the trust, which can be passed on to his or her heirs. After 40 years, a janitor making $20,000 a year can expect $1.6 million, a technician making $40,000 can expect $3.2 million and a truck driver making $60,000 can expect $4.8 million. That's the real math. Compare that to current programs, with no nest egg at all and only a paltry monthly check. Rise Up takes money out of the hands of government, so that hard-working Americans can fully realize the American Dream.

Rise Up America

Speaking trugh to power

Just so we have our terms straight:

The phrase "speaking truth to power" goes back to 1955, when the American Friends Service Committee published Speak Truth to Power, a pamphlet ii at proposed a new approach to the Cold War. Its title, which came to Friend Milton Mayer toward the end of the week in summer 1954 when the composing committee finished work on the document, has become almost a cliche; it has become common far beyond Quaker circles, often used by people who have no idea of its origins. (One current example: Anita Hill entitled her memoir of her sensational charges of sexual harassment against Supreme Court nominee Clarence Thomas, Speaking Truth to Power.)

To speak truth to power sounds so much like an integral part of Quakerism that some modem Friends have simply assumed the phrase goes back to the seventeenth century rather than arriving late in the middle of ours. It reflects what many contemporary Friends would like to believe is the characteristic Quaker stance toward political authority, hallowed in practice if not the exact words. Yet in its origins it was a political statement, entitling an explicitly political document.

I would think that the following (by the brilliant Mark Steyn) is "speaking truth to power":

The stimulus will do nothing for the economy, but it will dramatically advance the cause of statism (as Mark Levin rightly calls it). Last week's vote in California is a snapshot of where this leads: The gangster regime in Sacramento is an alliance between a corrupt and/or craven political class wholly owned by a public sector union-bureaucracy extortion racket. So what if the formerly Golden State goes belly-up? They'll pass the buck to Washington, and those of us in nonprofligate jurisdictions will get stuck with the tab. At some point, the dwindling band of citizens still foolish enough to earn a living by making things, selling things or providing services other than government-funded program coordination will have to vote against not just taxes but specific agencies and programs – hundreds and thousands of them.

The bad news is that our children will not enjoy the American Dream. The good news is they'll be able to apply for an American Dream Readiness Assistance Coordination Grantwriter Program. May the Funds be with you!

Perhaps I am wrong...but it is--no matter what else--a message that will be delivered, in truth, one way or another in the not-so-distant future.

Born Again American

TURN UP YOUR SPEAKERS!

How Obama will rob you of your American dream

The War the People Are Losing

Dick McDonald

Like you never fight a war with a weapon you don't have, you never make an investment with funds you don't have. Yet Barack Obama has said his plan to raise the tax on dividends and capital gains by 66% from 15% to 25% should not affect "investment decisions". And your local version of Pravda treats this absurdity as gospel from heaven. They pawn this off as revenge of the people against those with capital who have been investing such savings growing the economy, starting and expanding businesses and creating new jobs.

And who are the hardest hit by raising taxes and crippling investment capital - of course the least fortunate in society as their economic opportunities are the first to be reduced by a lack of funding.

Another trick the Obamas use is the claim they are only going to tax those making more than $250,000 a year. Now if you think about it the object in a capitalist economy is to climb the ladder of success and create businesses and employ people to make America and yourself more prosperous. Now Obama wants to cut the water off for those people making the American economy work and give great sums to the government to waste on the unproductive programs they have instituted over the last 70 years,

Obama not only wants to increase income taxes he promises to lift the cap on payroll taxes and add another 15% tax on top of the increase of 10% on income taxes on the very people that are making America grow. With state taxes that will take productive Americans way over the 50% tax on income level.

All these taxes will go into the government's coffers and be wasted on immediate consumption programs. Programs designed to tease the people into believing their interests are being served by the Democrat party when in fact the very opposite is true. They are taking the very lifeblood of capitalism, investment capital, and burning it up in the furnace of socialism. That has never worked and it won't this time.

All this talk of middle-class tax cuts at the expense of the rich hides the devil in the woodpile - Social Security and Medicare funding. These taxes insure the poor and middle-class never get a pool of capital to invest in the American economy. The 15.3%sent to Washington for the working life of every American is wasted on consumption and never invested to fund an affluent retirement. Instead a piddling safety net is provided if you live long enough. It is only sufficient to keep one from starving to death.

If you are a real American and want to head off the impending disaster of tax increases, benefit cuts and the inflation that is eating away any chance most have of achieving the American Dream read here, contribute to the cause and join the fight to allow capitalism to eliminate poverty in our time.

Wanted: Book Publisher

I know someone who actually CAN provide the solutions presented below and he has a completed manuscript to prove it (along with a VERY distinguished background). There's no doubt he will find a publisher for this just-completed manuscript, but if you are (or know someone) who is interested in publishing his book, you'll be at the head of the line--just leave a comment below.

• Make the poor rich
  
  
• Deliver the American Dream to even those that can’t compete
  
  
• Honor the capitalist system by using it to solve these many problems
  
  
• Create Personal Accounts for everyone
  
  
• Provide retirement checks that allow retirees to live affluently
  
  
• Force a 15% Savings on citizens at no new cost to them
  
  
• Create wealth by compounding
  
  
• Reduce the National budget by one-half
  
  
• Eliminate $65 Trillion of potential entitlement liabilities
  
  
• Deliver the biggest tax cut in history
  
  
• Give the disadvantaged a reason to live and care about their life
  
  
• Reduce crime, victimization, and dependence on government
  
  
• Reduce stress caused by crime and financial difficulties
  
  
• Eliminate the need of the private sector to finance retirement
  
  
• Make business more competitive by eliminating costs their competitors don’t have
  
  
• Eliminate the union’s need to bargain for retirement funding
  
  
• Solve State and municipal pension concerns and unfunded obligations
  
  
• Energize the economy with an immense injection of capital
  
  
• Teach 50% of Americans about capitalism and stock investing
  
  
• Infect America with the optimism this plan can effect
  
  
• Reduce ethnic and racial tensions by making everyone wealthy
  
  
• An air-tight way to eventually deliver the American dream to everyone
  
  
• Bring back the market to areas convoluted by government intervention
  
  
• Make America the shining light it once was before this dissonance surfaced
  
  
• Get everyone on the same page pulling in the same direction
  
  
• Infect the population with a desire to win and increase stock values
  
  
• Restore America’s confidence in her politicians