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.

A Solution to Our Economic and Social Nightmare

Republicans and Democrats don’t need to compromise they need to use capitalism with a small amount of social discipline to make the country far more exceptional as well as geometrically more prosperous than it is today.

This Mission Statement for the website, www.riseupamerica.com, will only scratch the surface of the mission the "RISE UP AMERICA" (RUA) plan hopes to accomplish. To those of you who have never been wealthy, many of the goals listed below may seem like an "impossible dream". But give yourself the benefit of the doubt and accept for a moment the fact that "capitalism" can make you wealthy even if you don't have the "tools" to compete for the big bucks nor the cash to invest and save to become wealthy. You have seen the 40-year tables and realize that just by working, being stable and industrious during those years, you too can become wealthy under RUA.. Now review all the societal problems Rise Up plans to solve.

• Ends endemic poverty as we know it
  
  
• Delivers the American Dream to even those that can’t compete
  
  
• Uses the capitalism not socialism to solve many of our problems
  
  
• Creates "USA's" Universal Savings Accounts for everyone
  
  
• Finally economically emancipates women through the sharing of "USA's"
  
  
• Provides retirement checks that allow retirees to live affluently
  
  
• Forces a 15% savings on citizens at no new cost to them
  
  
• Creates wealth by compounding (see the tables)
  
  
• Reduces the National budget eventually by 40%
  
  
• Immediately liquidates as much as $100 Trillion of potential entitlement debt
  
  
• Delivers the biggest tax cut in history
  
  
• Gives the disadvantaged a reason to live and care about their life
  
  
• Delivers "reparations" in the form of a USA - a personal investment account
  
  
• Reduces crime, victimization, and dependence on government
  
  
• Reduces stress caused by crime and financial difficulties
  
  
• Eliminates the need of the private sector to finance retirement
  
  
• Makes business more competitive
  
  
• Eliminates retirement costs their competitors don’t have to pay
  
  
• Eliminates the union’s need to bargain for retirement funding
  
  
• Creates "ONE" retirement account that replaces millions of plans
  
  
• Solves State and municipal pension concerns and unfunded obligations
  
  
• Energizes the economy with an immense injection of capital
  
  
• Teaches 50% of Americans about capitalism and stock investing
  
  
• Infects America with the optimism - the Shining City on the Hill"
  
  
• Reduce ethnic and racial tensions by making everyone wealthy
  
  
• An air-tight way to eventually deliver the American dream to everyone
  
  
• Brings back the market to areas convoluted by government intervention
  
  
• Makes America the banker to the world
  
  
• Gets everyone on the same page pulling in the same direction
  
  
• Infects the population with a desire to win and increase stock values
  
  
• Restores America’s confidence in her politicians

Neither opponent nor supporter of RUA can argue that what it proposes is not something the people want for themselves - real wealth, freedom of choice and the American Dream. In the plan the people are empowered and the state will lose some of theirs. Those who believe in the ability of the few to orchestrate the lives of the many are just fooling themselves. The private sector in America has proven that when all 300 plus million Americans are able to invent, design, develop and implement their ideas freely our society prospers socially and economically. That prescription has made us the economic and military giant of the planet with just 4.5% of its population.

RUA will make major adjustments that will enable the individual to reacquire the rights and freedoms lost to the emergence of big government over the last century. It will also let capitalism deliver the American Dream to those that are unprepared to compete at the level necessary to insure them of that dream. This will demonstrate to the world that capitalism is not only a system that delivers wealth to the rich but one that delivers wealth to the poor as well. What socialism failed to deliver, capitalism will. Those that refuse to allow this to happen are doomed to the ash heap of history like all social totalitarians that believe man is so deliriously weak he can be convinced to live in a world of equal outcomes for unequal contributions thereby denying his own natural instincts.

RUA will travel a bumpy road with massive opposition from those whose powers and perks will be taken from them.. There are evil men in this world who will work desperately to keep the poor, poor. When opponents put their roadblocks in the way, ask yourself how it was so simple to give “personal accounts” to politicians, Congressmen, Senators and 3.3 million Federal workers through the Thrift Savings Plan and why is it so unconscionable and "wrong" to give them to you? Ask them why these problems didn’t surface when the legislators gave these personal investment accounts to themselves and government workers?

If it was so simple then, what is the problem now? Their answer will never rise to a level that would defeat the concept that capitalism can deliver the poor from poverty; to Make the Poor Rich. In the plan the people use their own money. The Thrift Savings Plan uses your tax dollars to finance their personal accounts; and they have the gall to tell you that you can’t have one using your own money. What a group of fools we Americans have become if we let this opportunity pass. RUA hopes to empower the people and restore some control over their own lives. To give them back the self-respect and self-esteem they have lost to big government.

And lastly don’t let anyone demean the USA and its capability and its exceptionalism. We have a piddling debt to foreigners of $3.4 Trillion and a country worth anywhere from $220 to $400 Trillion. We can afford to transition to personal "USA" accounts easily. Don't let anyone fool you.

Dick McDonald
July 17, 2011

Does one man have the answer for America?

I emailed Al Martinez (The Daily News) twice about my friend Dick McDonald...and look what finally happened today!

Al Martinez: "Does one man have The Answer for America?"

PS: Dick has a free e-book on his website called "Make The Poor Rich and America Wealthier" that is over a hundred pages of specific details that show why his plan will save our country. (Please forward to your lists and spread the word!)

SAVING OUR ECONOMY

LACA (Los Angeles Conservatives Alliance) interviews Richard McDonald

Reseda, CA 1-11-11

Over the next eleven months, LACA will be featuring a series of articles by the Ownership Society Institute. They will outline a plan the Institute calls Rise Up America (RUA). This plan has been designed to change the way the United States government works in a manner that will substantially increase the material wealth of the nation and each individual as well as their social well-being.

LACA: Our series is authored by Dick McDonald (DM). Dick believes conservatives should adopt RUA to solve many of the economic and social problems the country faces. Please tell us something about yourself and your RUA plan.

DM: I am retired now but I spent my working life as a tax man helping rich people avoid taxes. As a young CPA working for an international accounting firm I did the personal and corporate income taxes for very rich clients like Jimmy Stewart and J. Paul Getty. After ten years there I spent the next 30 years designing and operating tax shelters.

For the last six years I have been perfecting the RUA plan that does for the poor and middle class what Ronald Reagan’s so-called “trickle down” economic theory did for the rich. In other words it creates wealth for the little guy. If adopted it would create enormous wealth for the country as well.

LACA: Dick your background sounds impressive but just how does doing tax work for billionaires equate with creating wealth for poor people?

DM: That is simple. It is so simple that it escapes most people’s radar. I use the same tax shelter for the poor and middle-class people as a tax man uses for the ultra rich – the non-taxability of appreciation in the value of stock. Think about it. Bill Gates is worth $54 Billion in the latest Forbes survey. He didn’t pay income taxes to create after-tax wealth of $54 billion. His wealth is in the stock of Microsoft. He didn’t pay tax on the appreciation in that stock.

LACA: I see where you're going – most people don't think of appreciation as a tax shelter. I see how rich people use it but how can your plan generate wealth for the poor. They don't have the money to invest in stock.

DM: You're right – they don't – and that is where my plan begins. Today the country needs a kick in the economic pants. We need jobs and a better growth rate. But no one is hiring and few are investing in new products and services. So my plan calls for an annual investment (from the private sector) of over a trillion dollars in the stock market. In the first year it should create millions of jobs and jump the country's growth rate towards 10%.

LACA: Dick that's a great idea but where are the poor and middle class going to get new investment capital of a trillion dollars each year.

DM: Here again that is relatively simple – we privatize the Social Security, Disability and Medicare programs, place the 15.3% of payroll taxes in each taxpayer's personal investment account and have it immediately invested at their direction and for their sole benefit into secure index funds for their 40-year working life.

LACA: Wow – that brings up so many questions we don't have time to cover all of them today. But let's take some obvious ones. First there is a great fear of investing in the stock market. How do you overcome that fear.

DM: First of all the average American household makes over $50,000 a year and pays slightly over $7,500 in Federal payroll taxes. Over a 40-year working life they would have invested $300,000 with the government. However such taxes invested weekly in the stock market grow into a $4 million nest egg through accumulation and compounding. The rate of return we use is the same 10% average rate of return the S&P 500 has returned in long-term 40-year investments since 1871.

Now when the recent stock market crashed and the $4 million dropped to $2 million, the taxpayer only had invested $300,000. He was still way ahead of the game. As the stock market has gone from 12,000 on the Dow to 6,000 and returned to 11,500 the taxpayer's account has come almost back to $4 million. The citizens understand simple arithmetic – they just have to be informed.

A $4 million stock account should throw off a $33,000 a month Social Security check which will make a mockery of the $1,300 the government presently pays. On top of that the taxpayer is worth $4 million whereas under our present system they get no nest egg.

LACA: I'm sorry we only have space for one more question. Presently the payroll taxes collected by government are used to pay current retirees. By abandoning these entitlements what happens to current retirees and where will the money come from to pay them.

DM: Our plan will immediately reduce the over $100 trillion unfunded entitlement debt to a manageable $6 to $8 trillion as the growth in each account will eventually eliminate the need to fund retirees. In the meantime we can fund the benefits by privatizing unneeded departments of the government, selling and leasing back government properties such as lands, buildings and rights (oil, airtime) and a myriad of cost cutting steps. We also can borrow a little as we have made such a massive dent in the overall debt of the country.

The increase in economic activity will swell to the point that the private sector will open jobs up to absorb the government workers displaced by privatization. It can be done.

LACA: I'm sorry we'll have to continue next month. Where can the readers presently get more information about RUA.

DM: They can go to www.ownershipsocietyinstitute.com. Your readers should be aware that many benefits emanate from such a plan including cutting the size of the government by 40%.

Private social security accounts: A couple who worked from 1965 to 2009 would have beat the government payout by 75%

WSJ: President Obama has already dismissed one reform that would improve Americans' financial standing: allowing workers to save and invest some of their Social Security taxes in personal accounts...

Also see Rise Up America

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.

Social Security Goes into the Red in 2010 not 2018

by Dick McDonald - Ownership Society Institute

In 2010 the Congressional Budget Office has projected a $92 billion surplus of payroll tax receipts over Social Security benefits paid. That figure includes $120 billion in “non-cash” receipts of fictional interest paid on fictional US Bonds – a bookkeeping trick like Enron used to cover up Congress’s theft of over $4 trillion of excess payroll tax receipts it has been appropriating from Social Security since the early 80’s. See here.

http://finance.yahoo.com/focus-retirement/article/108747/next-in-line-for-a-bailout-social-security?mod=fidelity-readytoretire

That means that by September, 2010 the US Government will need a $28 billion cash infusion just to meet its Social Security obligations. So much for the age-old denial that Social Security isn’t broke. That it has unfulfilled promises of over $14 trillion in future benefits in excess of projected receipts. Similarly Medicare is in the tank for $93 trillion. The jig is up and the Democrats and RINOs have no where to go on this issue.

The real benefit to be gleaned from this is that Americans will seriously try to solve this problem by any means other than raising taxes and/or cutting benefits. Believe me Americans will insist on it. The baby boomers will demand their full benefits as they come on stream in the next 15 years and the kids will resort to violence if they are unfairly taxed because it will take 2 kids to support one retiree

President Obama has challenged the Republicans to come up with some ideas to solve the dilemma and the best they came up so far is Paul Ryan’s proposal to raise the retirement age to 70 years (benefit cut of major import), cut the Medicare benefits (benefit cut of major import) and allow a small portion of a worker’s payroll taxes be invested in a personal investment retirement account (step in the right direction).

The real tragedy is that current benefits don’t begin to cover retirement costs and trying to save these entitlements is merely rearranging the deck chairs on the titanic. What Americans want and will insist on is a re do of the funding of retirement costs so that more than the solvency of the government entitlement programs is achieved. Bush limited his Social Security reform to solving the solvency issue – Ryan appears to have limited his approach to solvency as well. There should be no limitations placed on what Americans can do in solving this issue.

We at the Ownership Society Institute (OSI) recommend these entitlement programs be scrapped with the proviso that the government guarantee that all benefits under them will be honored and form the floor under which no future benefits can ever fall.

In place of these programs we institute personal investment accounts we like to call “USAs” – Universal Savings Accounts. That into these accounts the entire 15.3% of payroll taxes presently sent to Congress will be redirected and immediately invested in the stock market for the 40-year working life of every taxpayer. The details of OSI’s plan are outlined here. It is called the Rise Up America plan.

In addition to solving the solvency issue RUA does the following:

· 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 $110 trillion of unfunded Social Security and Medicare liabilities

· Give back to Americans the money that they earn

· Increase the economic opportunities of all Americans

· Avoids Bankruptcies of cities, counties and states from pension liabilities

· Makes everyone a shareholder and responsible for oversight

· Reduces crimes especially those triggered by poverty

There a hundreds of other benefits of privatizing the entitlements but let’s leave it to a simple example.

The average American household makes over $50,000 a year and pays more than $7,500 in payroll taxes. Under RUA those taxes are placed into a USA and immediately invested in the stock market for 40 years. The $300,000 (40 years times $7,500 a year) grows into a $4,004,000 nest egg because of the magic of compounding. Just the annual income off that nest egg will generate a $33,000 a month retirement check – more than enough to support an affluent lifestyle.

RUA uses the principle of small government and takes away from government the responsibility to fund entitlements. It relies on the words of Alfred Einstein as everyone should. “The most powerful force in the universe is compound interest.”

All those concerns about such a sea change in the way the government does what its citizens will want is explained at www.riseupamerica.us including how to simultaneously fund the transition, place $1.3 trillion into the stock market annually, pay benefits under the old programs and miraculously enough increase the value of the US dollar. See here.

The Magic Transition: a plan to save America

by Dick McDonald

When I tell people that the Rise Up America plan has a way to simultaneously
1.

place $1.3 trillion in payroll taxes annually collected by the government into personal accounts owned by the tax payer and immediately invested in the stock market to ignite the creation of new businesses and jobs,

2.

pay $1.1 trillion in Social Security and Medicare benefits to participants, and

3.

magically increase the value of the US Dollar heretofore crippled by the overuse of the printing press

I get looks that can best be described as “Are You Nuts?”

So I best explain.

OK, let’s start with a fictitious country where we pretend it is worth $400. That is all its cash, bonds, stock, real estate, its ports, airports, roads, bridges, corporations, businesses – in fact all tangible and intangible assets owned by the private sector and the public (government) sector total $400.

Now let’s assume the people make $14 a year but after $3 in taxes they spent every dime leaving no money to invest in the economy. So the government decides because it is a capitalist economy to print $1 dollar every year for the next 40 years and give that dollar to the people and let them invest it in the stock market.

Because the way capitalism works the people would get a return investing in the stock market for 40 years. For the last 30 years the S&P 500 stock index had an average annual return of 12.8% so let’s assume the return the people of our fictitious country got was 10% annually. Under those circumstances the $1 invested for 40 years compounds into $443 at the end of 40 years.

Now let’s compare the results. Every year for forty the government printed $1 dollar for a total of $40 dollars. The investment by the people of those $40 dollars increased the assets of the country by $443. So we can conclude that there was a small devaluation of the dollar - $40 over 40 years – whereas there was an immense increase in the country’s net worth of $443, Quite a bargain wouldn’t you say?

Investing is the trick –The simple truth this example illustrates is that investing money increases value of a country even if you invest money you print. A country who’s net worth increases has a currency worth owning from an international a trader’s standpoint.

Consuming is at fault –The reason the value of our dollar has fallen regularly ever since we went off the gold standard in the 1930’s is that we insist on printing money to pay for our mistakes. The most recent example was our use of the printing press to enable the banks to lend money to home buyers at 1% which has resulted in a 40% fall in the value of the dollar. It has been a costly mistake the government supported. We needed help out of a recession but we didn’t need to leave the door to the vault wide open.

The magic transition –

Now – it is as simple as this. We take $1.3 trillion in payroll tax receipts, put them in the taxpayer’s personal accounts, invest them in the stock market and start the compounding miracle of $443 for a $40 investment. Simultaneously we print $1.1 trillion in new money and pay retirement benefits. As the recipients will be dieing off during that 40 year period and others will be self-funding their needs from the income off their personal accounts we will never print the entire $40.

Increase in the value of the dollar –Establishing an economic policy wherein investment in the country is the tool used to create wealth can only convince international traders into bidding up the price of the US Dollar.

It is just as simple as that.

A Historical Clue –

It has been the international socialist movement that has encouraged consumption and the confiscation of property from the productive elements of society. Unfortunately the free market capitalists have failed to fully support the investment principle and have too long tolerated the inflationary effects devaluations have fomented because socialists always spend more than they have.

It is time America wakes up to the fact that socialism is a failed economic philosophy and adopts Rise Up America’s plan to vault the USA into the 21st Century.

RISE UP AMERICA!

Democrats Bleeding Taxpayer’s Dry

A Republican Solution

by Dick McDonald, Ownership Society Institute

The $780 Stimulus Bill was rushed through Congress so fast no Senator or Representative ever read the bill. President Obama assured us that it was the economic stimulus that would keep unemployment under 8%. Now that unemployment has raced past 9.4% just a few months later the Democrat-controlled media is still refusing to tell the American public the truth about Obama’s gross mismanagement of this stimulus package. To date only 15% of the funds have been spent and only 1% on the job-creating shovel-ready job-creating infrastructure projects. To say President Obama is an incompetent is to insult incompetents everywhere.

So where has the 14% gone? You guessed it – to pay the salaries and pensions of state, county and city employees. In other words to keep government employees and their unions “paid off” instead of laid off like the private sector has had to do. No wonder no jobs have been created – this Marxist-in-Chief is creating a depression he thinks he will solve like FDR. The only problem is FDR had a 14% unemployment rate on December 7th, 1941. He never solved the depression – World War II did.

The City of LA, like all of California, is bleeding from over-spending by Democrats. Recently they “solved” a current departmental wage crisis by giving early retirement – at 55 years of age – to over 222 government workers at 90% of their last year’s salary. As those salaries averaged $100,000 a year the 30-year cost to taxpayers will be $2,700,000 plus COLA for each one of the 222 workers. This is where the Democrats have driven the economy – into paralysis by their mobs of inside-the-government workers padding their own paychecks and retirement out of your dwindling wealth.

And the American public hasn’t got a clue. The Democrat-controlled media no longer investigates – it merely is a propaganda machine – blindly driving us straight into a wall.

Now do you get it. This is where your stimulus tax dollars are going. Not to stimulate the private sector economy where the people are but to the government employees and their unions. The stimulus is not creating jobs as Obama promised – it is feather-bedding government employees. It is similar to what Democrats did in allowing unions to blackmail the auto companies into bankruptcy by underwriting $150,000 a-year manufacturing jobs. Obama, the Congress and the state assemblies are stealing from the taxpayers to fill their own purse.

This is not a free country anymore. It bears no resemblance to the country our Founder’s created. It is a totalitarian regime of Democrat elites unmercifully taxing ordinary Americans to fill the pockets of their ruling class of government employees. Using the lie that they are for social justice, Democrats are pushing ordinary Americans – especially the “little guy” they claim to represent further and further into poverty and despair.

The Republicans are bleating that all of this is unfair but no one is really listening to them because the Bush regime ran up big budget deficits and created income disparity that dramatically illustrated the distance between the ordinary citizen and his American Dream. Of course Republicans are banking on Obama’s failure so they can take over Congress again in 2010 and return the country to it normal semi-socialist state which will still leave ordinary Americans penniless and the country with a $60 trillion unfunded entitlement debt.

There is a “solution” to this madness. We will have to take the Republicans to the woodshed and whip them to within an inch of their life so they will consider doing something for the “little guy.” Patriotic Democrats embarrassed by 70 years of unfulfilled promises to the poor should all come on board.

Every American deserves to keep and invest his own money in the fabulous American economy and over a lifetime generate a million-dollar nest egg with which to retire affluently. He shouldn’t have to be highly educated just reasonably industrious and stable during his lifetime. The Founders would have endorsed that philosophy.

We at the Ownership Society Institute have developed such a plan. It involves the creation of a national pension plan in which governments (Federal, state, etc) will no longer have to impose those entitlement taxes (Social Security, Medicare, Disability and the many state and local taxes) on the people and industry will no longer have to provide their employees with supplemental old-age medical or retirement plans. Each individual taxpayer will retain ownership of his “payroll taxes” and automatically invest those funds over their working life into the economy to grow into sizeable nest eggs with which to retire.

The plan is called the Rise Up America(RUA) plan and as an added bonus it will immediately turn our potential depression into the roaring free-market economy. It will do this by infusing monthly over $125 billion of “new” investment capital (those payroll taxes) into the market to grow it algorithmically. Besides being the biggest tax cut in history it will cut the national budget in half and immediately retire over $50 trillion in unfunded entitlement debt. The old Social Security, Disability and Medicare benefits will never be reduced again but will remain as the floor under which no future RUA benefits can ever fall.

Think about the relief our government and industrial complex will experience when they no longer have to finance pensions and old-age medical cost. Think about the taxes we won’t have to pay to the Federal, state and city governments. With the guarantee of sizeable nest egg everyone needn’t demand such exorbitant salaries during their lifetime to fund their own retirement.

The states of California and New York are presently hemorrhaging. RUA is the tonic that will remedy that hangover.

RUA has devised many ways to transition from our existing programs to RUA’s plan. All methods will result in the increase of national wealth in such a great amount that the value of the US dollar will naturally increase. The infusion of such great sums of investment capital into the market will also substantially increase “economic activity” to such an extent that income tax receipts should double within four years allowing excess tax receipts to cover legacy entitlement costs with amounts left over to reduce the national debt.

Of course RUA needs national exposure. We plan to finance that campaign by contributions by patriotic Americans willing to go back to our Founder’s principles to revitalize the country. We need everyone’s help to spread the word and need everyone’s help to fund our publicity campaign to inform all Americans that investing 15.3% of their working life income for a no nest egg whatsoever is a grossly unfair Ponzi scheme that has be stopped. RUA is the plan to stop it. RUA substantially increases retirement benefits – 20 to 40 times more than current Social Security checks and a massive decrease in taxes taken by our government. It will also make our country a more stable and vibrant wealth creating machine.

If you are a patriotic American worried by the direction our country and its economy is headed and want to do something about it contact Dick McDonald at 818-998-6800 for instructions how you can help.

To more fully understand the scope and workings of the Rise Up America plan go to www.riseupamerica.us. You and your patriotic friends can contribute there and get a copy of free e-book that is the blueprint of what we hope will be the most significant economic change in the 21st Century.