U.S. Capitalist Party

One of the founding fathers of the United States, John Adams, rarely mentioned today, was important enough to be the first Vice President to George Washington and our second President. He wrote a little bit about constitutional laws and principals. The main idea of a Republic is to keep all power from collecting in one center. History taught us that to accomplish this we have to divide the power between the three classes of people: Democratic, Capitalist and Government.

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Reading the classics teaches one the basic principles on which our world was established. This has nearly all been lost in the fog of time past. All that remains are syllogysms and subjunctives it seems. In my BLOGs, i attempt to incorporate principals that are the real basis underlying civilizations as contrasted with the mythology we learn in our childhoods that goes unreflected. About me as a person: I enjoy wine(organic)and pizza (organic), and in the morning a nice strong cup of coffee - organic and fair trade whenever I can get it. I started cooking a lot more lately.

Monday, December 26, 2005

Three Constitutional Amendments

There are three constitutional amendments that we need, to keep our Republic strong and our liberty from being undermined.
  1. Economic Republic: Since money is power too, we need to divide the social product equally between the three classes: 1/3 kept by Capital, currently less than 20% of the profits of capital are retained by capital for reinvestment. 1/3 to the people, currently social security and the medicare stuff total to just over 1/5 of the social product. 1/3 for government - they take about 60% of the profits of capital to invest in aggrandizing political power = the use of force. If this balance were reestablished strictly out of the military budget, we would still have a larger military budget than China and Russia combined.
  2. Real Republic, Simple Math: To set up campaign finance law so that a Representative, who's job is supposed to be to represent the common people can take no more that the equivalent of $100.00 per head. A Senator can take all the corporate money they like, as the Senate is historically the branch held by the aristocracy. All presidential candidates must use their own fortunes but also get an equal amount given to each plausible candidate out of theFederal budget - with no other contributions.
  3. The Problem with Interest, How Arbitrary is Interest: Since we've switched to a fiat money back in the 1970s, money is no longer backed by capital, which is what the gold thingy was about, but rather is backed by the credit of the United States Government alone. Well, we have a capitalist economy. Why is it that only some people have a right to profit, as interest payments, on the "credit of the United Stated Government", and avoid all that messy stuff having to do with actually producing wealth? I suggest a third constitutional amendment banning interest on any fiat money and also establishing a monetary policy that holds the money supply in proportion with functional capital. to prevent all this inflation crap. For instance, what is the stock market worth after correcting for inflation? Interest on fiat money undermines real capital directly... what's the big idea?

1 Comments:

Blogger Unknown said...

A very impressive body of work on this site. It's funny how john adams in our schools is overshadowed by his own son's rightful opposition to slavery. A capitalist party is certainly something many americans can stand behind...I wrote an Anti-socialist party manifesto...based on the old anti-socialist party of Austrailia and inspired by Sir Henry Reed (1880's)...The manifesto is structured in the same way as the communist manifesto to satire Marx's writing. Enjoy.

1:05 AM  

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