Wednesday, September 14, 2011

Four Point Whitely Economic Plan

The following offers some proposed solutions (S) to our economic problems (P). These listed solutions can be accomplished if all Americans, (Congress, business leaders, corporations, etc.) will cooperate and work together and take the required actions necessary.


1.      (P)     A huge unchecked negative balance of trade with our trading partners, especially China.


         (S)     We need to consider implementing a policy to stop buying more goods from China than we sell to them . Secondly we need to work with and encourage every U.S. Company that has moved a manufacturing plant out of the U.S. to immediately build a replacement plant in the same previous U.S. location and manufacture products formerly imported from China. This could provide hundreds of thousands of new jobs and greatly improve our balance of trade. Also, we need to encourage the world to buy American products. Products build right by a nation that has always practiced sound quality control.




2.     (P)     Continual Yearly deficit spending and a huge national debt.


        (S)     We need a balanced budget amendment that protects social security and retirement benefits plus wipes out the National Debt Fund (NDF). To support this fund, we need to eliminate all capital gains takes below a realistic thresholds and place a 2% transaction fee on every share of stock sold in our national markets - with this 2% fee going into the (NDF). This transaction fee could bring in over 500 billion dollars yearly from an untapped resource. Additionally, encourage tax payers to make a voluntary gift to the fund on their yearly tax return. Also, require every former elected official to donate all left over campaign contributions to the (NDF). Currently they are allowed to keep them. Why?


3.     (P)     All four branches of the military service have their own separate bases and conduct their own training. Each branch trains medics, soldiers, cooks, technicians, pilots, police, etc. There are excessive duplication in training, in equipment, in support services and facilities.


        (S)     Consolidate all military training into one unified training command. Benefits include elimination of duplication in training, equipment and support and closing of unneeded bases. After all, our four military services fight as an integrated unified command. They should also train as one. How much our mammoth military spending could be reduced - 5% or 10%? A ten percent reduction could amount to about $55 billion dollars per year. Realistically, these billions could be better used to counter the World's Doomsday weapon - the electromagnetic pulse (EMP) released from a nuclear bomb over our nation that could render all our electrical systems inoperable. A defense against this weapon must become our number one military priority. Perhaps the solution to this problem is to build and deploy height above our nation, powerful magnetic, metallic conductor satellites to draw the EMP energy up and away from the earth.


                  The United Nations nuclear agency announced on Thursday, February 18th 2010 that Iran has been doing studies on setting off explosions high in the atmosphere to identify the ideal altitudes for exploding warheads. Obviously they must be working on EMP weapons with our nation as their target.


4.      (P)    Many needless lives are lost and billions are wasted needlessly every few years from excessive flood damages in our Northern mid-western and southern states.


         (S)     Build a series of canals and dams from the Mississippi and other Midwest rivers to Idaho, Nebraska, Iowa, Kansas,Oklahoma, west Texas, New Mexico, etc. We can create beautiful, flourishing green belts along the way and in these states build numerous water sources, power plants, lakes, new towns, new industries, in addition to opening up millions of untapped acres of new farm land. It would put hundreds of thousands of Americans to work and it would not cost as much as our overseas wars. The future return on our investment could be astronomical. If we had these canals last year there would have been no floods in North Dakota, and no drought in Northern Texas - that killed a large number of livestock. We have a Corp of Engineers that could have a flood elimination plan ready to go in no time. This plan could be expanded to cover other vulnerable areas in the U.S.A and hopefully stop other preventable flood tragedies.


Rocky Whitely

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