Uninsured Veterans: A Stain on America's Flag (8.5% or 645k of Vietnam Vets

If you are talking about the system I wrote, this is it.

January 28, 2009

Stimulus the People, Create the Growth

As one of the working class, I have witnessed the breakdown of the American system and watched people spreading hate and discontent against the same country and government, I once served proudly to defend as a United States Marine. I have always argued against others who showed their strong feelings against our government, but now, I understand that their statements are becoming more and more accurate. The time is now, for our Government Official’s to step up to the plate, and come up with a solution not only to solve this economy problem, but also reunite America’s together.

The working class people of United States are the natural resource that created the United States as a strong nation. Under the Bush administration, we have seen 750 billion dollars of our tax money given as an economic stimulus plan to America’s financial companies. We have also witnessed, those CEO’s at those financial companies, using taxpayer’s money and give themselves large cash bonuses and still laid-off thousands of their own workers. A good example would be the CEO’s at Merrill Lynch, after receiving stimulus money, one corporate CEO gave himself a 10 million dollars, and approve large cash bonuses for all CEO’s at the firm. After they received their bonuses, they then approved 35 thousand layoffs. Corporate CEO’s, have shown no respects the American taxpayer’s, by taking the taxpayer’s money for themselves as bonuses, and by laying off the same taxpayer’s that financed these bonuses. Now, under the Obama administration, we are again witnessing 787 billion dollar stimulus (our bonuses money) money for the taxpayer to payback. This will happen again!

Approximately one year ago, witnessing the direction our economy was going, and instead of complaining, blaming, and preparing to suffer the consequences for poor decisions by our government officials. I devise a system that would work quickly, create a strong economy, and increase American’s livelihood. I have always noticed when America has economic problems, our Government Officials think in a reverse direction by helping the guilty, the corporations, and not the innocent, the working class, to create a stronger and healthier economy. Using a little critical thinking, I determined that it made much more sense to stimulus the economy from the bottom up, rather than the top down. Therefore, I decided to think and write my own ideas on a stimulus plan. Understanding who really affects the economy, the American people, how can we increase their purchasing power in the economy. I started to think about the billions of taxpayers’ dollars turned over to the very people who actually created the economic problem. If that money was turned over to the American people, this problem would be solved. I then started to think about a tax credit system as being the right solution.

Therefore, I would like to introduce a stimulus plan that possibly could solve the economy problems we are facing today. A tax credit system can create the economy growth we need. This plan is a solution that has received positive supports from everyone who has read and realized the impact this system would have on the American people and the current economy situation.

“The Federal Tax Credit Program”

This system will produce many benefits, the following are some:

Benefits Involved

• Financially improving and stabilizing Banks and Financial institutions
• Early payoffs on large loans such as; home, vehicle, and business equipment
• Improve Small Business
• Create new Small Business
• Increase sales of vehicles, farming equipment, and industrial equipment
• Increase the housing market
• Create job

Government Benefits

• Create a national health care plan
• Improve infrastructure of public services or systems
• Decrease or stabilize current taxes
• Increase and improve Homeland Security systems

Needs for System Operations

• Startup cost 2 million dollars
• 5 billion dollars for the initial operations
• Computer system specially designed to operate and control the system
• Individuals to oversee and manage the system, possibly public officials representing each party
• Staffing with specialized positions such as management, systems operator, IT specialist, research and problem specialist, and security
• Senate and Congress approval to allocate the funds and approve the system

Operations

• Each American citizen 18 years of age or older earning less than one hundred thousand dollars yearly would be eligible to participate, research will be need to provide proper data
• Each qualified citizen can make a purchase of two sets of numbers or chances at the price of ten dollars for each one or two chances for twenty dollars for both set of numbers, this number could involve the individuals social security number
• The numbers/chances would only involve the computer operation cycle during the time that cycle is operating
• At the end of each cycle (schedule date at the end of every cycle) numbers would be chosen through the computer system until the depletion of the 5 billion dollar cycle
• On each chosen number, the taxpayer will receive 2 hundred thousand dollars out of the 5 billion dollar cycle
• If one individual were to have two sets of numbers chosen through the computer system, that individual would receive 4 hundred thousand dollars out of the 5 billion dollar cycle

Cash Earnings

• This system would take 5 billion dollars, and increase that amount to 50 billion dollars within a two-month period.
• 5 billion of that 50 billion would be recycled back into the system for the next two months creating the next 50 billion dollars.
• Each cycle could be at two-month intervals or one-month intervals according to studies.
• At the end of each cycle, the government would have the sum of 45 billion dollars (minus operations cost) to be used improving and creating new government programs and increasing American standards.
• If this system cycled every two months over an annual period, the government would receive 270 billion dollars (minus operations cost).
• Operations cost would involve staff wages, equipment, maintenance, research ect.
• If this system, were to operate on a monthly cycles, at the end of each annual cycle, the government returns would estimate 540 billion dollars.
• These numbers are only suggested numbers, and should be adjusted according to studies and the populous support into the system.

System Impact

• American’s receiving the tax credit, would consider home mortgage payoffs – natural stimulus for financial institutions
• New home sales would increase – natural stimulus for financial institutions
• Home Renovation – increase in contracted home building and renovation
• Purchasing new vehicles, farm and industrial equipment – natural stimulus for corporations
• Increase of consumer spending – natural stimulus for small business
• Education paid – less debt
• Health improvements – would be natural and lessen the cost of health care
• Stimulate the world economy problems – once America economy is flourishing other countries will follow

Social Impact

America has always been the world leader of most all social dysfunctions, for example; the annual murder rate in America is approximately 13 thousand people and increasing annually. Why are Americans social dysfunctions so high? The increasing high growth of uninsured and poor Americas living in America, creating a population of people living a life of stress, fear, hopelessness, and strapped to lifetime debts breeding a demoralized society. The America people, and most important, parents who have to live paycheck to paycheck or have no income are the ones who are placed in this situation and will become less socially responsibly. By creating, a system that deals directly with all Americans will lower social dysfunctions and greatly improve the social family makeup in America. Therefore, improving family social responsibilities, and decreasing unacceptable behavioral problems.

A State and County Tax Credit System

The Federal Tax Credit System is a system designed and written to solve economic problems at the national level. This same system could easily be redesigned to operate at a “State and County Government level”. The counties have updated data through annual consensus on population within the county. The county could determine the cycle amount needed through that latest consensus system. Imagine the benefits one county would have over other counties not operating this system. If one small county were to place, for an example, one hundred thousand dollars in a tax credit system each month. Individual involvement purchases are $10 dollars for involvement for each monthly cycle, that county would receive one million dollars, leaving nine hundred thousand dollars for improvements to that county and create the next one hundred thousand dollars would continue in the County Tax Credit Program for the next cycle. As an example, each person receiving a tax credit would receive 5 to 10 thousand dollars out of that one hundred thousand dollar cycle. At the end of the annual cycle, that county would create the earnings 12 million dollars, minus 12 hundred thousand dollars for tax credits paid outs, and operations cost.

This stimulus plan is a quick and common sense plan that will work. When we think about our own livelihood and survival, we also need to think about the impact we have on other countries. “When America sneezes, other countries catch colds”, this is a true statement felt by many poverty stricken countries and the people living in those poorest countries, where the American economy situation drives their lives, to either a life or death condition. We as Americans control their life and death, as we are their main force in their social needs and livelihood; thousands of poverty-stricken people are suffering and dying daily. We, as the leaders of the world, need to address this, and can put the stop to this worldwide terrible problem. Please feel free to contact me regarding this system, I would like to hear back with any pros and cons and improvements that may be essential to this system.