The Leviticus 25 Plan

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“He who will not apply new remedies must expect new evils.” – Sir Francis Bacon

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2611)

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December 2017 quote:                

“The record of history is absolutely crystal clear. There is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.”  – Milton Friedman 1976 Nobel Memorial Prize in Economic Sciences

Dijsselbloem: “We used taxpayer money to bail out the banks.”

Jeroen Dijsselbloem has been a major player in European financial circles.  A Dutch politician, Dijsselbloem became President of the Eurogroup, comprised of the finance ministers of the Eurozone, in January 2013 and served in that capacity until just recently.

He offered a frank admission just last month about the naked, taxpayer-financed bailout of major banks.

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Dijsselbloem Admits “We Used Taxpayers’ Money To Bailout The Banks”

ZeroHedge, Nov 10, 2017:  Excerpts:

“We had a banking crisis, a fiscal crisis and we spent lot of the tax-payers’ money – in the wrong way, in my opinion – to save the banks” outgoing Eurogroup head Jeroen Dijsselbloem said adding “so that the people criticizing us and saying that everything was being done for the benefit of the banks were to some extent right.”

“This is valid for the banks of all our countries. Everywhere in Europe banks were saved at taxpayers’ cost,” he underlined.

“This was the reason for banking union and the introduction of higher standards, better supervision and a reform and rescue framework when banks have losses,” he said stressing  “precisely so that we don’t find ourselves in that situation again.”

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Again…:  “This is valid for the banks of all our countries. Everywhere in Europe banks were saved at taxpayers’ cost.”

Exactly the same in the U.S.

Fine. The Fed did what it had to do.

Now it is time to level the playing field by granting equal access to liquidity for U.S. citizens.

If taxpayer money can be used to bailout the very institutions which precipitated the financial crisis, then taxpayer money can be used to restore the financial health of the taxpayers.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2610)

Deutsche Bank AG: #9 Recipient of Fed’s “Secret Liquidity Lifelines”

Even foreign banking interests, with U.S. subsidiaries, enjoyed massive liquidity infusions to help them deal with their faltering financial conditions and debt burdens during the great financial crisis 2007-2010.

Excerpts fromBloomberg  Nov 28, 2011:    

Deutsche Bank AG, Germany’s biggest bank, navigated the financial crisis without capital injections from the German government. The Frankfurt-based bank, which in 2008 reported its first annual loss since World War II, wasn’t so shy about getting liquidity in secret from the U.S. Federal Reserve. The lender tapped the Fed for $66 billion on Nov. 6, 2008 — $28.2 billion from the Term Securities Lending Facility, $21.8 billion from single-tranche open market operations and $16 billion from the Term Auction Facility. John Gallagher, a Deutsche Bank spokesman, declined to say whether the bank took emergency loans during the crisis from other central banks, such as Germany’s Bundesbank.”

Peak amount of debt held on 11-6-2008:  $66B  

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U.S. citizens deserve nothing less than to be granted the same access to liquidity (their own money) that was provided to Wall Street’s financial sector – including foreign banks, like Deutsche Bank, during the financial crisis.

Deutsche Bank tapped into tens of billions of dollars from the Term Securities Lending Facility (TSLF), single-tranche open market operations (STOMO), and theTerm Auction Facility (TAF).

It is now time for the U.S. Federal Reserve to create one additional lending facility, a Citizens Credit Facility (CCF), to provide direct access to liquidity for U.S. citizens – to successfully manage their own financial challenges and reduce debt at the family level.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2609)

 

JPMorgan Chase: #8 Recipient of Fed’s “Secret Liquidity Lifelines”

Bloomberg Uncovers the Fed’s Secret Liquidity Lifelines | Bloomberg LP

Aug 22, 2011

“The U.S. Federal Reserve mounted an unprecedented campaign to head off a depression by providing as much as $1.2 trillion in public money to banks and other companies from August 2007 through April 2010.  The emergency loans were intended to help recipients cope with cash shortfalls and keep credit markets from grinding to a halt.  Bloomberg News sorted through more than 29,000 pages of previously secret documents and Fed spreadsheets detailing more than 21,000 loans to compile a database showing which companies got the emergency liquidity, and when.”

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Bloomberg Aug 22, 2011 – The #8 Recipient:

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has touted a “fortress balance sheet” that helped his bank survive the crisis better than rivals. “The markets were always open to us,” Dimon wrote in a letter to shareholders in March 2010.

Data show the New York-based bank got Federal Reserve liquidity after its March 2008 acquisition of Bear Stearns Cos. and in early 2009 as debt markets froze. In February and March 2009, JPMorgan borrowed $48 billion from the Fed’s Term Auction Facility, as executives said liquidity was “strong.” In the March 2010 letter, Dimon said JPMorgan loaned as much as $70 billion to other banks after Lehman Brother’s failure and bought “a net $250 billion of securities” to help facilitate market liquidity. The Fed loans became public in late 2010.”

Peak amount of debt on 10/1/2008:  $68.6 billion

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Wall Street’s financial institutions engaged in high-risk gambling with their leveraged speculation strategies during 2004-2007.  They rolled the dice and lost big.

The U.S. Federal Reserve the ran to the rescue with a massive ‘public money’ bailout scheme – to help the Wall Street’s financial behemoths regain their ‘financial health.’

It is now time to grant U.S. citizens the same direct access to liquidity that was provided to the likes of JP Morgan, Goldman Sachs, State Street, Citigroup, Bank of America, Morgan Stanley… and dozens of others.

It is time to level the playing field, and here is the only economic acceleration plan anywhere that can make it happen:

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2602)

DiMartino Booth: “Fear” at the Fed… Global Credit Bomb. Solution: The Leviticus 25 Plan

Danielle DiMartino Booth – Fed insider, founder of Money Strong, LLC, an economic consulting firm. Began career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, specializing in fixed income and the public and private equity markets. Financial columnist at the Dallas Morning News, then nine years as an adviser to Richard Fisher at the Federal Reserve Bank of Dallas…

DiMartino Booth: “2017 is the record for quantitative easing (money printing) globally. We have never, not even in the darkest days of the financial crisis, central banks have never injected as much money as they have into the markets…”

Dark, swirling storm clouds are ‘out there’.. for a massive credit “unwind”…

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“It’s Global & It’s Viral” – DiMartino Booth Exposes The Fed’s Biggest Fear

Via Greg Hunter’s USA Watchdog blog,

ZeroHedge 11-23-17 – Excerpts:

Former Federal Reserve insider Danielle DiMartino Booth says the record high stock and bond prices make the Fed nervous because it’s fearful of popping this record high credit bubble. DiMartino Booth says,

“The Fed’s biggest fear is they know darn well this much credit has built up in the background, and the ramifications of the un-wind for what has happened since the great financial crisis is even greater than what happened in 2008 and 2009.

 

It’s global and pretty viral.  So, the Fed has good reason to be fearful of what’s going to happen when the baby boomer generation and the pension funds in this country take a third body blow since 2000, and that’s why they are so very, very intimidated by the financial markets and so fearful of a correction.”

Why will the Fed not allow even a small correction in the markets? DiMartino Booth:

“Look back to last year when Deutsche Bank took the markets to DEFCON 1.  Maybe you were paying attention and maybe you weren’t, but it certainly got the German government’s attention.  They said the checkbook is open, and we will do whatever we need to do because we can’t quantify what will happen when a major bank gets into a distressed situation.

 

I think what central banks worldwide fear is that there has been such a magnificent re-blowing of the credit bubble since 2007 and 2008 that they can’t tell you where the contagion is going to be.

 

So, they have this great fear of a 2% or 3% or 10 % (correction) and do not know what the daisy chain is going to look like and where the contagion is going to land.  It could be the Chinese bond market.  It could be Italian insolvent banks or it might be Deutsche Bank, or whether it might be small or midsize U.S. commercial lenders.  They can’t tell you where the systemic risk lies, and that’s where their fear is.  This credit bubble is of their making.”

In short, the Fed does not know what is going to happen, and according to DiMartino Booth, nobody does. DiMartino Booth contends:

“I don’t think any of us know what the implications are for a $50 trillion debt build since the great financial crisis (of 2008).

 

It is impossible to say.  We have never dealt with anything of this magnitude.”

On Bitcoin’s rapid rise in value, DiMartino Booth warns:

“To me, Bitcoin is a reflection of panic. It’s a reflection of people trying to get money into a safe place knowing the major governments of the developed world have got their printing presses running 24/7. 

 

It is a reflection of anxiety in fiat currencies and the fact it’s not practical to go back to a gold standard.  What scares me about Bitcoin is the central bankers are studying it to figure out how the blockchain works…

 

They are going to be controlling our spending with blockchain technology that is being perfected in the crypto currency universe.”

On gold and silver, DiMartino Booth says:

“2017 is the record for quantitative easing (money printing) globally. We have never, not even in the darkest days of the financial crisis, central banks have never injected as much money as they have into the markets…

 

I am not a gold bug, but we do know that in times of corrections that there is no place to hide in traditional asset classes that you can get at your Merrill Lynch brokerage. 

 

Gold and silver in the precious metals complex are the only places to hide and get true diversification and safety.”

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Again – DiMartino Booth: “I think what central banks worldwide fear is that there has been such a magnificent re-blowing of the credit bubble since 2007 and 2008 that they can’t tell you where the contagion is going to be.

Central Banks have blown another massive credit bubble, and it just a matter of time before ‘something’ triggers another tsunami-wave credit ‘unwind’… with another major credit crisis with millions of home foreclosures and millions of job losses.

It is time to ‘insulate’ American families from the brewing financial crisis with a massive debt elimination plan:

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2598)

 

 

 

Household Debt Hits Record High. Fed Issues “Subprime Warning.”

America is drowning in debt.

Take note.

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The Fed Issues A Subprime Warning As Household Debt Hits A New All Time High

ZeroHedge, Nov 14, 2017 – Excerpts:

According to the just released latest quarterly household debt and credit report by the NY Fed, Americans’ debt rose to a new record high in the second quarter on the back of an increase in every form of debt: from mortgage, to auto, student and credit card debt.

Aggregate household debt increased for the 13th consecutive quarter, rising by $116 billion (0.9%) to a new all time high. As of September 30, 2017, total household indebtedness was $12.96 trillion, an increase of $605 billion from a year ago and equivalent to 66% of US GDP, versus a high of around 87% in early 2009. After years of deleveraging in the wake of the 2007-09 recession, household debt has risen more than 16.2% since the trough hit in the spring of 2013.

Some more big picture trends:

Mortgage balances, the largest component of household debt, increased again during the first quarter to $8.74 trillion, an increase of $52 billion from the second quarter of 2017.  Balances on home equity lines of credit (HELOC) have been slowly declining; they dropped by $4 billion and now stand at $448 billion.  Non-housing balances, which have been increasing steadily for nearly 6 years overall, saw a $68 billion increase in the third
quarter. Auto loans grew by $23 billion and credit card balances increased by $24 billion, while student loans saw a $13 billion increase.

  • Suggestive of a modest rebound in mortgage activity, mortgage originations in Q3 were $479 billion, up from $421 billion in Q2 if still below the $491 billion as of Q1. The Mortgage delinquency rate improved to 1.38% from 1.47% prior quarter.The number of household loans increased to 671.07 million.
  • Auto loan balances increased by $23 billion, continuing their 6-year trend.  Auto loan delinquency rates increased slightly, with 4.0% of auto loan balances 90 or more days delinquent on September 30. There was a total of $150.6 billion in auto loan originations in Q3, an uptick from the $148 billion in the second quarter of 2017, and among the highest quarterly volumes seen in the Fed’s data.

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Student Loans Owed and Securitized, Outstanding 2006-16

Student Debt

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Fed policies and U.S. government central-planning debt-based strategies have done nothing to set U.S. citizens back on sound financial footing.  The system is fragile.

It is time now to eliminate debt at ground level.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2585)

The U.S. is leveraged-up, markets are ‘frothy.’ Financial chaos is on the horizon for Main Street America…

U.S. Household debt experienced a brief lull during 2009-2013, but has been on a steady increase over the past four years.

The U.S. Household debt balance recently rocketed up to a new record high of $12.96 trillion.

Global debt levels are sky-high.  U.S. and global financial markets are bulging badly with excessive valuations and leveraged risk profiles, and undoubtedly (once again) under-capitalized counter-parties in hedging arrangements.

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Maudlin – Thoughts from the Front Line, Nov 25, 2017

Credit Strategist Michael Lewitt:

Anyone questioning whether financial markets are in a bubble should consider what we witnessed in 2017:

• A painting (which may be fake) sold for $450 million.
• Bitcoin (which may be worthless) soared nearly 700% from $952 to ~$8000.
• The Bank of Japan and the European Central Bank bought $2 trillion of assets.
• Global debt rose above $225 trillion to more than 324% of global GDP.
• US corporations sold a record $1.75 trillion in bonds.
• European high-yield bonds traded at a yield under 2%.
• Argentina, a serial defaulter, sold 100-year bonds in an oversubscribed offer.
• Illinois, hopelessly insolvent, sold 3.75% bonds to bondholders fighting for allocations.
• Global stock market capitalization skyrocketed by $15 trillion to over $85 trillion and a record 113% of global GDP.
• The market cap of the FANGs increased by more than $1 trillion.
• S&P 500 volatility dropped to 50-year lows and Treasury volatility to 30-year lows.
• Money-losing Tesla Inc. sold 5% bonds with no covenants as it burned $4+ billion in cash and produced very few cars.

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The last economic crisis left American families reeling from the financial turmoil with 8.7 million jobs lost (Dec 2007 – 2010) and over 12 million home foreclosures,

U.S. needs a plan to insulate American families from the chaos that will accompany the next financial storm, and that means a powerful debt elimination plan for U.S. citizens:

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2585)

 

Goldman Sachs: #7 Recipient of Fed’s “Secret Liquidity Lifelines”

The Federal Reserve’s gargantuan emergency lending programs transfused dozens of global financial heavyweights with hundred of billions of dollars during the great financial crisis 2008-2012.

Next up:  #7 Goldman Sachs.

A look back: Matt Taibbi, Rolling Stone Feb 17, 2010

Excerpts:

“At the height of the housing boom, Goldman was selling billions in bundled mortgage-backed securities — often toxic crap of the no-money-down, no-identification-needed variety of home loan — to various institutional suckers like pensions and insurance companies, who frequently thought they were buying investment-grade instruments. At the same time, in a glaring example of the perverse incentives that existed and still exist, Goldman was also betting against those same sorts of securities — a practice that one government investigator compared to “selling a car with faulty brakes and then buying an insurance policy on the buyer of those cars.”

Goldman hedged its massive blind bet by purchasing from AIG a “virtually unregulated form of pseudo-insurance called credit-default swaps”  Goldman did not apparently concern itself with the fact that “AIG wasn’t required to [and didn’t] actually have the capital to pay off the deals.”

AIG had sold $440 billion of this ‘worthless crap’ to various bank (like Goldman)… a large portion of which the “taxpayer ended up having to eat.”

AIG was taken over by the government in September 2008, and instead of the normal course of bankruptcy-arbitration, the government saw to it that “Goldman was paid 100 cents on the dollar on an additional $12.9 billion it was owed by AIG…”

Less than one week after the massive AIG bailout, Goldman Sachs and Morgan Stanley were granted permission to become bank holding companies – will full access to borrowing funds, at very low interest rates, at the Fed Discount Window.

“Borrowing at zero percent interest, banks like Goldman now had virtually infinite ways to make money. In one of the most common maneuvers, they simply took the money they borrowed from the government at zero percent and lent it back to the government by buying Treasury bills that paid interest of three or four percent. It was basically a license to print money — no different than attaching an ATM to the side of the Federal Reserve.”

“You’re borrowing at zero, putting it out there at two or three percent, with hundreds of billions of dollars — man, you can make a lot of money that way,” according to one prominent hedge fund manager.

Goldman then tapped into “a new federal operation called the Temporary Liquidity Guarantee Program [which] let insolvent and near-insolvent banks dispense with their deservedly ruined credit profiles and borrow on a clean slate, with FDIC backing. Goldman borrowed $29 billion on the government’s good name, J.P. Morgan Chase $38 billion, and Bank of America $44 billion. “TLGP,” says Prins, the former Goldman manager, “was a big one.”

Bloomberg  Nov 28, 2011:  “On Sept. 21, 2008, a week after Lehman Brothers Holdings Inc. went bankrupt, Goldman Sachs Group Inc. converted to a bank holding company, gaining access to the Federal Reserve’s last-resort lending program for banks, the discount window. While it took only $50 million from the window, New York-based Goldman Sachs had been borrowing from the central bank for six months from two temporary programs for broker-dealers: the Term Securities Lending Facility and the single-tranche open market operations, or ST OMO. On Dec. 31, 2008, Goldman Sachs had $34.5 billion of loans from ST OMO, some of it at an interest rate of 0.01 percent.”

Peak Amount of debt as of 12-31-2008:  $69 billion

That hardly tells the full story, however.

Epilogue:  Goldman had also received a $10 billion TARP loan, but quickly paid it back, proudly exclaiming that “the firm does not require further capital” and the $10 billion can now be “used by the government to revitalize the economy, a priority in which we all have a common stake.”

“During the three months following Goldman’s re-payment of its $10 billion TARP loan, the Fed purchased $27 billion of MBS from Goldman.”

“In all, the Fed would purchase more than $100 billion of MBS from Goldman during the 12 months that followed Goldman’s TARP re-payment,” according to a Dec 15, 2010 Business Insider report.

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It is now time to re-balance the financial equation in America with a new credit facility, The Citizens Credit Facility, which grants U.S. citizens the same direct access to liquidity that was so generously provided to the likes of Goldman Sachs, Morgan Stanley, Citigroup, Bank of America, State Street, UBS, and many other domestic and foreign financial institutions.

Meet the most powerful economic acceleration plan in America:

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2582)

U.S. Families 2017: Rising Financial Distress. It is Time to Re-Target Liquidity Infusions and Power Up America’s Economic Engine.

The Federal Reserve’s massive liquidity transfusions into the Wall Street financial sector eliminated debt obligations and pumped new life into global financial institutions.

It did very little, however, to relieve debt/liquidity distress and restore American families to financial health.

Real Median Household Income has slumped hard over the past 17 years…

And now U.S. citizens are getting squeezed hard by stagnant trends in real disposable income and rising trend in cost of living.

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Lance Roberts – Real Investment Advice, Nov 17, 2017 Excerpts:

“… the recent surge in consumer debt without a subsequent increase in consumer spending shows the financial distress faced by a vast majority of consumers. The first chart below shows a record gap between the standard cost of living and the debt required to finance that cost of living. Prior to 2000, debt was able to support a rising standard of living, which is no longer the case currently.”

With a current shortfall of $18,176 between the standard of living and real disposable incomes, debt is only able to cover about 2/3rds of the difference with a net shortfall of $6,605. This explains the reason why “control purchases” by individuals (those items individuals buy most often) is running at levels more normally consistent with recessions rather than economic expansions.

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It is time to ‘re-target’ liquidity flows – and eliminate massive debt burdens at ground level, relieve debt-service obligations, and restore financial health to U.S. citizens.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2579)

Economic Wisdom: If You Want Seriously Address the U.S.’ Catastrophic Fiscal Hole, a Carbon Tax is Not the Answer.

Some high-ranking economists, along with some elite-class political heavyweights, are carbon tax true believers (WSJ – Jenkins, 11-15-17).  The list includes the likes of Kevin Haslet, Greg Mankiw, James A Baker, Henry Paulson, George P. Shultz, Martin Feldstein, Mitt Romney.

The narrative goes like this: “The virtues of a carbon tax are not in dispute.  It’s a way to raise money that doesn’t weigh on incentives to work, save and invest.”

In truth, new carbon tax government revenues would simply supply fresh new resources to feed the insatiable appetite of a spend-happy U.S. government.

It would do little, if anything, to restore fiscal sanity within the walls of Congress.  It would do nothing to set America back on course for a sustainable, financially-sound, low-debt future.

America needs less government control, not more.  We need a citizen-driven economy and free markets, not a government-centric economy with shackled markets and central planning imperatives.

A new carbon tax would increase financial stress and further impair the monthly balance sheets of millions of American families.  It would do nothing to seriously strengthen growth in real disposable household income.

It would do nothing to cast off the shackles of government control and free the U.S. marketplace for vigorous, long term economic growth and brighten the future of American families with true economic liberty.

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Consider this critical point regarding America’s massive debt burden:  Every month hundreds of billions of dollars are obligated to servicing debt.  This massive, never-ending debt-service obligation, including household debt, credit card debt, corporate debt, and government debt, exerts a suffocating effect on economic growth.  It does nothing to enhance government tax revenue flows. In fact, various forms of debt are even tax deductible – thereby lowering potential tax revenue flows.

Household and Non-financial Corporate Debt has recently reached the $47 trillion mark.

Total Household and Non-financial Corporate Debt ($Trillions)

There is one economic acceleration plan in America with the power to get America back up on its feet again.

The Leviticus 25 Plan would eliminate massive amounts of debt across America and generate tremendous growth in government tax revenue flows (federal, state, local),  producing $1.02 trillion annual budget surpluses at the federal level for each of the next five years.

The Leviticus 25 Plan would provide massive debt elimination for millions of American families. It would relieve financial stress and restore financial health for families all across America.  The social benefits would be incalculable.

It would generate electrifying financial benefits to small businesses all across Main Street America.

The Leviticus 25 Plan would reduce the scope of government control over the daily affairs of U.S. citizens.  It would restore economic liberty for all America.

It is time to move.  There is no other plan in America. Period.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2576) 

“He who will not apply new remedies must expect new evils.” – Sir Francis Bacon

 

Bloomberg Nov 2017: U.S. Economy “On the Cusp of a Fresh Downturn”

The Economic Cycle Research Institute (ECRI) is citing vital evidence, based upon a fresh downturn in the Weekly Leading Index (WLI), that the U.S. economy is on the verge of stalling out.

A stalling economy will undoubtedly increase financial stress at the family level in America.  It will also pressure margins on small businesses.  And it will increase demands on social welfare resources.

And it will inevitably lead to lower government tax revenue flows and an uptrend in deficit spending.

There is a powerful economic acceleration plan, waiting and ready for implementation – to revitalize the U.S. economy and get America up and moving again…

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Don’t Count on Ever-Growing Corporate Profit – Bloomberg

Bloomberg, Oct 6, 2017 – Excerpts:

Vital clues come from ECRI’s leading indexes. One of them is the publicly-available Weekly Leading Index, or WLI, whose growth rate is a reliable leading indicator of GRC downturns. In essence, if WLI growth enters a cyclical downturn, U.S. economic growth is likely to do the same.

Ominously, WLI growth turned down early this year and is now at a 79-week low. Such cyclical downturns have historically telegraphed GRC downturns. That shows very clearly that economic growth is about as good as it gets, and that a fresh growth slowdown may be on the way.

If so, corporate profit growth will also experience a corresponding cyclical downswing. In other words, it will fall further below its late 2016 peak, not ramp up from here.

[snip]

Over time, we find that stock price corrections — big and small — have historically clustered around GRC downturns. In other words, the risk of corrections rises around economic slowdowns.

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It is time for a new plan, with the power and dynamism to reignite economic growth, and put citizens back in control of the financial order of our country.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2573)