posted on Jul, 15 2008 @ 02:08 AM
greedy ones ie "money horders" are not working together... who are they working with only other people that facilitate them in their thirst to horde
more money. Really who needs to have a billion dollars cash ? If milk was a quarter and gas was $0.50 a gallon would you still need a billion dollars
What if an average house costs $30,000 spread over 30 years in payments, would you still need a billion dollars ? what would you spend it on that
would be a necessity for you or your families daily existence ???
This is the problem with our society, a demon we have left unchecked for far far too long.
We should cap the maximum personal income to like $100,000 a year and cap the total owned assets to $1 Million. And the government should set a
uniform land valuation an acre of land in utah will cost the same as an acre in arizona or washington or even on long island and uniformly it will
only appreciate in value equal to the total combined change in CPI but not to exceed 1% per year.
So now Company X with 500 employees could only have maximum of $50 Million in annual payroll all employees combined including owners, but at todays
prices they would have had a net income of over $800 million already taking into account all operational costs.
Now lets say the government says business can only retain 10x payroll deposited in a government held pension trust plus 5x operational costs, any
excess profits must be removed by either vesting into its employees total asset base, gifting to other companies or depositing the funds in a
government held disbursement account.
Theoretically then 500 million deposited for future payroll or pension this would be equal to 10 years of pay for each employee, 5 years of
operational costs even if the company did not sell one thing the next 5 years, any facilities operated by the company would remain opened and staffed.
And possibly large individual "bonuses" to its employees in the form of assets holdings or cars, homes, land etc.
Any excess would go to the government to be handy out as needed.
price inflation would be rare since there would be no incentive to be able to have less "stuff". If your home costs $1million, then you could not
legally also own a car or have cash in your name or own a tv or an ipod or a cell phone etc..
Obviously you could not own anything in the US unless you were a US citizen nor could you as a US citizen have funds in another country from business
you conduct outside of the US.
You might say OMG this would never work imports from China would become super expensive no one could afford them, since we can only regulate the US
economy regarding inflation. Good then no one will be able to afford to buy the goods, then guess what happens... price goes down and across the globe
price goes down. China sells to US at $500 dollars but sells to europe = to $800.00 USD, so people buy in US and sell to europe at $650.00 USD, so
people in europe buy the china goods from people in US since they get for $150.00 cheaper instead of buying direct from china for 800.00. While US
gains $150.00 per unit sold.
So you say no way China will just sell to europe at $650.00 directly, good so US will sell to europe at $600 and make $100 etc etc
With tight currency control the dollar value to foreign market begins to rise, as each dollar represent a lot of purchasing power in the US this
higher dollar value vs forex then makes lets say or $500 unit really worth $480.00 because the dollar now buys more won then previous. So now I make
120.00 on 600 sold to europe. For china when dollar go up then no problem if getting less dollars for goods sold to US because each dollar converted
to won earns more won then previously earned. So they do not lose anything.
What if the company you worked for said, well we did really great this year and maxed out our earnings to the point where we do not have to do a
single thing the next ten years because we maxed out the payroll for the next 10 years as well, so everyone go on vacation the next 5 years and we
will pick up where we left off.....
So if you can not work more monetary income the next 5 years (if you were at the 100k income cap already) what would you do with your time? help
people ? work for free ? run a business for charity ? do nothing ? spend money all day long ? 5 years is lots of free time to lose your money and with
an income cap you can not earn anymore money so frivolous people will end up having to barter there assets for goods and services if they
And they could apply for state aid for food or pay utilities but would have to be repaid by any assets they have if they do (such as a large lcd tv,
or ipod or a laptop or excessive sports equipment etc) I imagine people would be more carefully in the following months to spend their income monies
more carefully and with planning. When the state takes away their xbox and plasma screen as payment for food aid and to pay their utilities when they
have a 100k income and just blew it on drinking or gambling the month before.