Thursday, July 7, 2016

A Real New Deal For America - 43 Points

Brandon Turbeville
July 7, 2016

Before Americans become obsessed with debating useless policies and campaign promises or begin their 4 year ritual of “choosing the lesser evil,” it is important to remember that there are real solutions and demands available for a national recovery and a truly free America. A brief summary of some of these solutions and demands are provided below:

1.) End all bailouts of banks and financial institutions. End the concept of “Too Big To Fail.” Any public money given to private banks to maintain solvency must be clawed back by a variety of available means. Banks that find themselves insolvent must be seized by the FDIC for Chapter 7 bankruptcy proceedings. Immediate triage of the bank assets with derivatives being separated and eliminated during this process.

2.) In order to bring back the separation of banks, brokerage houses, and insurance firms, reinstate the Glass-Steagall Act.

3.) Ban Adjustable Rate Mortgages. Ban Credit Default Swaps.

4.) Enact a 1% Wall Street Sales Tax for revenue generation and to discourage dangerous forms of speculation.

The Wall Street Sales Tax should be applied at the rate of 1% to financial market transactions such as stocks, bonds, flash trading, e-trading, high-frequency trading, debt instruments, and the notional value of derivatives. A reasonable exemption of $1 million per person per year should be enacted in order to prevent the placement of taxes on individuals who shift around personal financial assets or make investments for their 401(k) or other retirement account. The 1% tax should be paid by the seller of the instrument, not the buyer, and the proceeds accrued from the tax should be split evenly between the Federal government and the States.

The Wall Street Sales Tax at only 1% is estimated to bring anywhere from hundreds of billions to tens of trillions of dollars. The 1% Wall Street Sales Tax is capable of funding the social safety net and the U.S. government as well as effectively eliminating the budget deficit at the Federal and State levels. All of this while discouraging dangerous forms of speculation and derivatives trading.

The revenue from this tax should be used to fund Social Security, Medicare, Medicaid, Unemployment Insurance, SNAP benefits, On-Budget Infrastructure spending, and eliminating the budget deficit of the States and Federal government. SS, Medicaid, and Medicare benefits must be increased to accurately reflect the current world situation, Cost Of Living Adjustments, inflation, etc. [Eliminate the individual mandate inherent in Obamacare] Extend Medicare For All so that all Americans have access to healthcare with a standard cost for the basic benefits of Medicare – cost reductions for working and poor people. Free to those in poverty. Increase unemployment insurance and SNAP benefits to reflect the economic situation, inflation, cost of living etc. Use the WSST to provide free college education to students who excel in highschool for the duration of the college career.

5.) Increase personal exemptions and tax deductions for working individuals and working families.

6.) Require a %15 reserve requirement for all Over The Counter Derivatives.

7.) Immediately stop ALL foreclosures on primary residences, businesses, and farms for at least 5 years or the duration of the financial crisis – whichever comes first. If an individual can get a signed note from a judge stating that the lack of payment to the bank was the result of economic hardship, illness, or bank-based fraud, the bank cannot repossess. The bank MUST produce the note in any case of repossession.

8.) Set a 10% maximum interest rate on all credit cards and payday loans.

9.) Bring sensible and reasonable regulation back to the commodities markets by requiring 100% margin requirements, position limits, and reasonable anti-speculation protections that will help to prevent oil and gasoline spikes in price.

10.) Restore individual Chapter 11

11.) Nationalize The Federal Reserve. The Federal Reserve should be seized by the United States government and placed under the US Treasury . It should be renamed the National Bank of the United States. From this point on, the size of the money supply, interest rates, lending types, etc. should all be decided by laws debated and passed by the Congress and signed by the President. The US government will no longer need to borrow from private banks or foreign countries. Use the inherent credit creating power of the Fed/National Bank to immediately begin lending for a variety of purposes that involve physical production and tangible improvement in the living standards of the American people. This means that the money being used should be used in order to jumpstart an economic recovery, prepare a high-skilled labor force for a high-skilled future job market, create a culture of science drivers and human progress, agriculture, and infrastructure repair and development.

Trillion dollar tranches should be issued from the National Bank for the purpose of repairing National infrastructure of roads, rail, government buildings, and the like. These tranches should come in the form of 0% interest 100 year bonds (Century bonds). Similar offers of credit should be issued to refurbish our idle manufacturing and industrial infrastructure. 0% interest credit must be issued for the jumpstart of private businesses – large and small – from massive manufacturing operations down to the small mechanic shop and restaurants. Maintain commercial credit for retail stores. Launch a campaign of hospital rebuilding. All jobs resulting from this money must be union pay scale. Instate a “Buy American” clause.

National Bank 0% interest credit should be extended to fund Manhattan project style scientific projects designed to reach the level of progress and development that will see humans greatly increase their living standards, promote breakthroughs in health and science, promote space exploration, and technology – all while doing so in an environmentally friendly manner. Manhattan Project level attempts to attain free energy, nuclear radiation cleanup, healthy non-meat “meat,” and other beneficial projects should be launched with this credit.

Refinance Student Loans through the new National Bank at extremely low or no interest to relieve the student loan debt burden.

12.) 15% Protective Tariff. Implement a 15% Protective Tariff on all goods (that cannot be reasonably be produced in the United States) coming in to the country. This will force domestic production. If 15% is not high enough to cause domestic production to increase, the tariff should be increased.

13.) Begin to renegotiate trade agreements like CAFTA, NAFTA, GATT, and various other bilateral trade agreements that are lopsided when it comes to labor and trade practices. End membership and participation in the WTO.

14.) Revive the Export-Import Bank. Use the power of the Ex-Im Bank to encourage and promote American exports.

15.) Maintain publicly owned facilities like Amtrak and the USPS. These assets should be fully publicly owned, fully funded, and upgraded.

16.) Reaffirm the right to collectively bargain.

17.) Increase the minimum wage gradually (with assistance or delays for smaller businesses at first) but at a reasonable rate to $15 per hour.

18.) Immediately cease support for terrorism in Syria, Libya, Iraq, Lebanon, Yemen, Ukraine and all other places where the United States is organizing, training and supporting terrorism and terrorist organization such as ISIS or al-Qaeda.

19.) Immediately cease all provocations in Ukraine. Open dialogue with the DPR/LPR and express peaceful intent to Russia.

20.) Call face to face meetings with leader of Russia, Iran, and Syria to express a desire for peace in the region and potential for cooperation and development. Declare DPR/LPR as a separate country. Allow Ukraine to function as an independent country but one that stands neutral between Russia and the EU.

21.) Immediately end all foreign wars and foreign occupations. Troops placed in Iraq and Afghanistan must be removed and brought back home.

22.) Return to the true meaning of the Second Amendment. Gun laws must be abolished. Every American must be free to own a gun without respect to what state or city in which he lives.

23.) End illegal immigration. No border fence. Illegal immigrants, while not the fault of the individual people, destroy social cohesion, national identity, living standards, job opportunities and wages. While immigration should not be banned entirely, it should be legal and controlled.

24.) Repeal any law requiring vaccination for adults or children.

25.) Mandatory labeling of all Genetically Modified food in the interim period between a total ban.Place a ban on GMO cultivation, except for controlled scientific purposes (for plants, not animals). No GM product should be allowed in the open environment or the human or animal food supply.

26.) Parity pricing for family and small farmers.

27.) Enforce monopoly laws to ensure that major corporation do not create or maintain monopolies over any particular industry. Careful consideration must be paid to the manner in which larger companies “break up” while maintaining monopolies.

28.) Remove property taxes on primary residences on individuals and families. Remove property taxes on vehicles (one per person in the household).

29.) Abandon all plans for carbon taxes or Cap and Trade. Engage in real environmental protections such as cleaning radiation contamination, growing mercury spills, oil spills, and ending deforestation.

30.) Legalize and encourage the production of hemp.

31.) Create a culture of freedom within the United States. End unnecessary “permitting” and “licensing” laws and policies. End mandatory insurance laws. End CPS/DCFS programs that remove children from loving homes.

32.) End the war on drugs. Punish criminals for crimes, not substances. Legalize all forms of drugs for all purposes – including recreational. End the DEA and the BATFE. Crack down on drugs being shipped into the United States from outside of the country, particularly by foreign elements.

33.) Require the Housing Authority to concern itself with providing housing for the elderly and disabled as a priority.

34.) End general welfare or TANF payments as the economic crisis is drawn to a close. No cuts until the crisis has been averted. As the crisis ends, so must the culture of dependency, provided opportunities are available.

35.) Direct the Department of Education to require schools to end sex education, death education, and other failed socialization-based programs. An immediate refocusing from PC training and confidence building to achievement and actual education. Focusing on problem-solving, logic, creativity, and the basics of math and reading should be the main focus as well as second-language skills. Schools and teachers should be provided with whatever funding they need via the proceeds from a Wall Street Sales Tax and credit from a Nationalized Fed.

36.) An immediate end to torture. Close Guantanamo Bay, Bagram Air Force Base (detention center), floating prison barges, and other CIA torture sites (including the Chicago police “black site” in Chicago) must be closed immediately. The process of torture must be ended and the perpetrators must be prosecuted.

37.) Lead the charge in banning the use of depleted uranium in warfare.

38.) Repeal freedom crushing and Constitution shredding legislation and executive orders such as the PATRIOT Act, the Domestic Security Enhancement Act of 2003 (Patriot Act 2), Presidential Directive 51, some provisions of the National Emergency Act, provisions of the John Warner Defense Authorization Act of 2007, provisions of the Military Commissions Act of 2006, Executive Order 13438, National Security Presidential Directive 59, Homeland Security Presidential Directive 20, Presidential Directive 5, Matthew Shephard Hate Crimes Prevention Act.

39.) Revamp FEMA so that it is an effective emergency management agency and not a toss up between the martial law agency it has become vs a colossal failure in actual emergencies.

40.) End Constitution Free Zones

41.) Constitutional amendme
nt to expressly provide the right to privacy.

42.) Ban animal testing. Ban entertainment that involves the torture and mistreatment of animals.

43.) End electronic voting and return to the paper ballot.

Brandon Turbeville – article archive here – is the author of seven books, Codex Alimentarius — The End of Health Freedom, 7 Real Conspiracies, Five Sense Solutions and Dispatches From a Dissident, volume 1 andvolume 2, The Road to Damascus: The Anglo-American Assault on Syria, and The Difference it Makes: 36 Reasons Why Hillary Clinton Should Never Be President. Turbeville has published over 650 articles on a wide variety of subjects including health, economics, government corruption, and civil liberties. Brandon Turbeville’s radio show Truth on The Tracks can be found every Monday night 9 pm EST at UCYTV. His website is He is available for radio and TV interviews. Please contact activistpost (at)

This article may be freely shared in part or in full with author attribution and source link.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.