1. Ensuring a healthy circulation of wealth in our country between the wealthiest and the working
folks as guaranteed through a steeply progressive tax system (such as was maintained during
the presidencies of Wilson, Roosevelt, Truman, and Eisenhower).
"Money is the lifeblood of any economy. It is an imperative that all civilized governments ensure
the healthy circulation of money throughout all classes of society."
---Sir Frederick Soddy (Noble Laureate in Chemistry, 1921), Wealth, Virtual Wealth and Debt,1926, p 147.
2. Also, it is important to realize that we no longer are the great nation of plenty that
we once were. Our mineral and fossil fuel resources have been depleted or their unrestrained use
now has adverse consequences (ie global heating and/or pollution). Consequently it is now prudent
to restrain our population growth to that which can be sustained by our resource limitations and
economy.
"We support limiting the rates of immigration in accordance with economic requirements; while
also encouraging voluntary restraint in birth rates in accordance with what the majority believes
is best for our Nation, and our planet."
3. This is the esssential bargain we must make with the wealthy elites: We need to tax your unearned
incomes at a 90% rate in order to restore our economy; but we agree to reduce our population growth to
to conform to economic need and environmental sustainability.
We subscribe to the following theory: Money (specie or paper) "is the property of the King or nation
issuing it until it is defaced or converted into bullion." (Soddy, 1926, p 82)
4. Furthermore we advocate implementation of Roosevelt's so-called Second Bill of Rights via an
an amendment to the U.S. Constitution that would guarantee every citizen:
1. a job,
2. a living wage,
3. decent housing,
4. adequate medical care,
5. education,
etc. (adapted from David M. Kennedy,1999, Freedom from Fear)
(page last updated 10/17/2009; john@greatdepression2.org)
