Citizens economic freedom act
Long term Social Security for all.
Side notes
Just an idea!
Could it be that the antique business (scrap - treasure) is the last real FREE Market left?
Market driven by supply and demand, and minimal Government interference.
We can find some huge answers to some of the major problems facing the nation
today by looking at the antique market, and talking to the people involved in
the antique business. Both dealers, and collectors in the antique market come
from a wide ranging of backgrounds.
Anyone interested in Economic Freedom for all?
This would be a Federal Government investment in each US Citizen. 200 years ago
even a 1.00 investment, would be substantial today. The account would be passed
on to the heirs of the individual choice. The principal can be added to each
year tax free, and the principal could never be withdrawn, borrowed, or used for
collateral for any loans from the individual or the Congress.
Some one could calculate the compounded interest if they did this 200 years ago!
With a increase of the initial investment based on inflation too. this should be
done today! It is not too late for this country! Today the investment should be
1,000.00 with an annual contribution of up to 500.00. Approved uses for the
interest earned can be used for health care insurance, education, and
retirement, and well as other everyday expenses. Freeing up funds for each
American for a better life style. Each generation would in fact be better off
than the next. The States would send to the federal Government the birth
paperwork, a US citizen would get a birth certificate, and a new Treasury
account pass book. The 1000.00 would be the initial US Government investment in
the future of its citizen. The interest would accrue annually on this account
until 18, where the citizen can then use interest earned for education expenses,
health care expenses, so on. Also contribute annually to the fund for use in
retirement years. At 65 the individual would be able to used interest earned to
use during retirement supplement income, and all along the way use for health
insurance, life insurance, so on. The Congress would set up the details, and add
more approved uses as time goes on.
This is the US Government investing in the future of the individual citizen in
the country. Those born in the USA, or legal immigrants who gain US citizenship.
It does take time to build up the funds, but over 100's of years, yes in fact
our country would be unmatched by any other country in the world.
The account would be a Department of Treasury Account opened at birth, or on
becoming a US citizen. It would be administered and maintained by the IRS, and
the funds would be invested by the Federal Reserve. All with Congress oversight,
and Congress would also play a roll in the Federal administration of the
Departments involved in investing on the behalf of the American people through
already established Departments. Investments would be invested through the SBA,
Commerce Dept., and DEPT of Agriculture, as well as heavy investment in research
and development through the college and universities all across the nation.
The dollars will grow as the nation prospers. any surplus would be evenly
divided into all the accounts equally. An annual dividend.
First of all this is a freedom of comment page. By: Jason Berg
4/2/10
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Fund Expenditures
Federal Government roll - in
education
Inheritance: Generation growth of the USA with
Treasury Investment Accounts
Retirement
Federal Government Roll- Citizens
Trust Accounts