Progressives Moving the Progressive Agenda Foward
Progressive Change Campaign Committee – Bold ProgressivesWhat is the “Progressive Agenda?”The common grounds progressive agenda includes: 1) Medicare-For-All; 2) Universal Basic Income-For-All; 3) Fully-funding Federal and State Programs; 4) Green New Deal; 5) National Deadline For the Mass-Production of Gasoline Engines; 6) Education-For-All; 7) Eliminating Student Debt; 8) Ending Voter Suppression; 9) Ending Police Brutality and Murder; 10) Ultimate Tax Reform.
Why I Support Progressives in the Democrat Party and the progressive People’s Party
I have been a registered Democrat all my life but have not subscribed to the corporate, war-mongering leadership of the Democrat Party, i.e. Hillary Clinton, Barack Obama;
I support an advanced progressive agenda and believe it is important to support a viable progressive third party in 2022; but as of Sept. 16th, 2020 I support progressive Democrats and will vote for Joe Biden and downballot Democrats in order to 1) REMOVE DONALD TRUMP FROM OFFICE; 2) REMOVE REPUBLICANS FROM POWER; 3) ENJOY THE POLITICAL NEUTERING OF THE GOP FOR AT LEAST THE NEXT FOUR YEARS.
Remember, if and when the Democrat Party takes the White House, Senate and keeps the House majority, the Republican Party will have been rendered literally mute and moot FOR AT LEAST THE NEXT FOUR YEARS – which means our progressive struggle to implement our progressive agenda will be limited to moderate Democrats in the Democrat Party. Beginning Jan. 21, 2021 NO ONE WILLL CARE WHAT THE GOP THINKS, SAYS OR DOES FOR NEXT FOUR YEARS!
Pushing the Progressive Agenda Through the Democrat Party
Much to the dismay of corporate moderate Democrats: Joe Biden, Hillary Clinton, Barack Obama – the progressive agenda is uniformly being implemented inside the Democrat Party due to a growing number of new progressive Democrats running for and winning office. I am working to implement a new progressive third party while also supporting progressive Democrats in the Democrat Party. We should be running People’s Party candidates for Congress in 2022 and supporting progressive Democrat candidates running for office.I envision a future progressive coalition fighting for andd voting for progressive policies in and outside the Democrat Party: the new progressive coalition 2022.
Why We Should Create and Support Bigger, Stronger Federal Government
When I say the middle class and poor should support big, strong federal government, I’m referring to our federal government’s right and ability to create currency out of thin air.
This unique feature of our government is arguably the most important aspect of our government and should be the most celebrated and cherished feature of our government.
Fiat money is legal tender created by our U.S. Congress. Congress enjoys a U.S. Const. right under the fifth clause of Article I, Section 8 to coin money:
For a very long time, Congress has appropriated fiat money for the wealthy and the powerful – trillions for tax breaks for the super-rich, trillions in corporate subsidies, trillions in defense spending – without a speck of inflation I might add. It is way past time for voters to enjoy the benefits of our fiat government.
There has been a bi-partisan effort over the decades to fool voters into belieiving our government exists as a household and is run like a household budget; nothing could be further from the truth.
The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;To borrow money on the credit of the United States;
To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;
To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
Federal Budget 101
If federal revenues and government spending are equal in a given fiscal year, then the government has a balanced budget. If revenues are greater than spending, the result is a surplus. But if government spending is greater than tax collections, the result is a deficit. The federal government traditionally borrows money from the Federal Reserve to fund its deficit spending. However, MMT (Modern Monetary Theory) recommends not borrowing money from the Federal Reserve and instead depositing trillions in platinum coins directly into a U.S. Gov’t bank account at the U.S. Treasury Dept.
Deficit and Debt: What are they?
While a deficit describes the relationship between spending and revenues in a single year, the federal debt – also referred to as the national debt – is the sum of all past deficits, minus the amount the federal government has since repaid. Every year in which the government runs a deficit, the money it borrows is added to the federal debt. If the government runs a surplus, it can use the extra money to pay down some of its debt. And each year, the government pays interest on the national debt as part of its overall spending.
As of August 31, 2020 federal debt held by the public was $20.83 trillion and intragovernmental holdings were $5.88 trillion, for a total national debt of $26.70 trillion.
Why Does the Federal Government Borrow?
The federal government has run a deficit in 45 out of the last 50 years. Usually that deficit is around three percent of the economy, as measured by Gross Domestic Product (GDP).
The size of a budget deficit in any given year is determined by two factors: the amount of money the government spends that year and the amount of revenues the government collects in taxes. Both of these factors are affected by the state of the economy, as well as by the tax and spending policies enacted by Congress.
For example, during tough economic times like the Great Recession, many types of government spending automatically increase because more people become eligible for need-based programs like food stamps and unemployment benefits. At the same time, tax revenues tend to decrease for a couple of reasons: people are working less, and paying less in taxes; and corporations also earn less profit, and they too pay less in taxes. What’s more, lawmakers may intentionally increase government spending during a recession in order to stimulate the economy, even though they know that one short-term result will be a deficit. During the Great Recession, the federal deficit in 2009 reached 9.8 percent of the economy, but in 2015 is about average again, at 3.2 percent of the economy.
The deficit can also reflect temporary spikes in spending that are not matched by equal spikes in revenue (through increasing taxes, for instance). For example, the deficit in 1943 at the height of war spending on World War II reached nearly 30 percent of the economy.
Finally, tax policy plays a major role in determining whether we run surpluses or deficits. Many factors probably contributed to the budget surpluses of the 1990s, but one of them was tax increases, which took the form of tax rate increases for the highest income taxpayers (although rates stayed well below what they had been prior to the 1980s). Likewise, major tax cuts in 2001 and 2003 were a major contributor to deficits over the last decade, and to today’s debt – by some measures, even more so than the economic downturn.
Whenever Congress needs money, Congress simply passes a bill and forwards that bill to the U.S. Treasury Dept. whereupon the Secretary of the Treasury “orders” or “borrows” the amount of money Congress has mandated in the bill from the Federal Reserve. Then the Federal Reserve “creates” the money via desktop computer keyboard keystrokes made by the current Chairman of the Federal Reserve. Then the Fed Chairman deposits said fiat money into a U.S. government bank account at the U.S. Treasury Dept., whereupon said fiat funds are accessible to “approved users.”
The amount of money borrowed is known as the Federal Debt. It is absolutely essential voters understand how our Congress creates money in order to support a solution that does NOT include borrowing money from the Federal Reserve and growing a National Debt owed to the Federal Reserve.
We The People should elect a Congress that will print trillion-dollar platinum coins and deposit that U.S. currency directly into our U.S. government bank account at the U.S. Treasury Dept. BYPASSING THE FEDERAL RESERVE and therefore ELIMINATING ANY MORE NATIONAL DEBT INCREASES. There is no good reason the American people must “borrow money” from eight private banking institutions known as “The Federal Reserve” to fund U.S. government operations. There is no good reason the American people must pay interest on using our own money. The Federal Reserve is not a person and enjoys NO U.S. Constitutional right to charge the American people interest for using our own money.
Your entire life your Congress has been lying to you: Congress, in a most bi-partisan manner, has intentionally misled the American people into believing our government finances operate like a household budget: there is a finite amount of money avaialable and we must impose restrictions and austerity measures which include massive military funding and tax breaks for the rich, while never appropriating enough money for the needs of We The People.Republican conservatives, Libertarians and moderate Democrats are all guilty of misleading the American voter as to the amount of money available for public solutions.
The very key to understanding and realizing THE SOLUTION to solving America’s problems is found in understanding We The People can and should use the most utilitarian feature of our government to fully fund the needs of We The People; which should include: 1) funding state government needs;
The Incredible Benefits of Fully-funding States With Federal Dollars
Fully-funding all 50 states and territories with federal fiat dollars would solve problems heretofore deemed “unsolvable.”
What Would Economic Justice Look Like?
Is economic injustice racist? Yes. Not only is economic injustice racist, it’s also classist. So what do you think economic justice would look like?
On the face of it, economic justice should be a state of financial stability for every American which reflects the net worth of America.
The Great White Establishment gets nervous when people start using the terms “economic justice” and “equality” in the same sentence.
Why? Because economic justice and equality denotes the politics of addition and subtraction.
How Does Our Government Manage Money?
Bill Maher asked Bernie Sanders, “How much money does our government have? Are we about to run out of money?” Bernie did not answer Bill’s question and quickly changed the subject.
Congressmen and women do not like it whenever anyone asks them, “How much money does our government have? Are we about to run out of money?” Because they know they will provide a bogus explanation or no explanation at all. Why is that? Congress has been lying to the American people for decades telling Americans Congress manages our money like a household budget.
Nothing could be further from the truth. The truth is Congress borrows money from the Federal Reserve who creates money OUT OF THIN AIR with a few keystrokes of a Federal Reserve computer. Did you know that? It is absolutely TRUE.
How Do We Pay For What We Want?
Understanding the reality our Congress enjoys a constitutional right to create money out of thin air, the progressive plan is to NOT BORROW MONEY from the Federal Reserve but instead to produce trillion dollar platinum coins AND DEPOSIT THOSE COINS DIRECTLY INTO A U.S. GOVERNMENT BANK ACCOUNT AT THE U.S. TREASURY DEPT., INTEREST-FREE.
Then we draw funds from that account to fund our progressive agenda.
What About Inflation?
It is a myth that if we increase the money supply, inflation will destroy our economy.
What Would Federal Income Tax Justice Look Like?
The sum total of all Federal taxes collected do not come near the amount required to fund government operations.
Understanding UTR means understanding how much federal taxes the poor, middle-class and small businesses pay each year.
Half of Americans earn only $40,000 a year or less, but pay approx. $266 billion annually in federal taxes.
We must remove that federal tax burden from that group of workers.
Further, we must raise the top corporate tax rate from 20% up to 55% on all corporations doing business in America with assets over $250 million.
Ending Voter Suppression
Voter suppression takes many forms and Social Security Voting solves those problems; whether it is legal,
Ending Police Brutality/Murder
http://rebuildingpolice.comThere are more than 18,000 police departments in America.
What Should Progressives Do?
Top Issues Voter Care About