Currently in the U.S., 114.8 million Americans (~36%) are dependent, in one form or another, on monthly means-tested welfare subsistence.

No one in government – not one single person – has any type of politically viable plan, whatsoever, to break this cycle of government dependency.

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Majority Of Young Americans Live In A Household Receiving Welfare

ZeroHedge,  Aug 24, 2018  – Excerpts:

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America needs an economic plan that will provide a helping hand ‘up’ out of poverty – for those with an honest desire for a better life.

The Leviticus 25 Plan is the only politically viable plan with the power to re-incentivize work, reward industriousness, and break the government-dependency cycle.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen – Leviticus 25 Plan 2018 (2878 downloads)

Global Central Banks are running a racket… and ripping off citizens, worldwide.

The Swiss National Bank now owns a massive portfolio of U.S. stocks – which currently generates “over $1 billion worth of dividends, or as @SheepleAnalytics notes, “they print money and we ship them our profits.”

U.S. citizens, meanwhile, have to make stock purchases the old-fashioned way – with funds that were gainfully acquired.

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The Swiss National Bank Now Owns $87.5 Billion In US Stocks After Q2 Tech Buying Spree

ZeroHedge, Aug 9, 2018 – Excerpts:

In the second quarter of 2018…  another central bank buying spree meant to boost confidence that things are now ba ck to normal, using “money” that was freshly printed out of thin air, and spent to prop up risk assets around the world by recklessly buying stocks with no regard for price or cost.

Nowhere was this more obvious than in the latest, just released 13F from the massive hedge fund known as the “Swiss National Bank.” What it showed is that, just like in the prior quarter, and the quarter before that, and so on, the Swiss central bank went on another aggressive buying spree and following a modest selloff in the first quarter which was a mirror image of the SNB’s buying spree during Q1 2017 – the Swiss central bank boosted its total holdings of US stocks to $87.5 billion, up 6.6% or $5.4 billion from the $82.0 billion at the end of the first quarter, and just shy of their all time high.

On a share basis, the SNB added some 33.659 million shares to its total holdings of US stocks, which at the end of Q2 stood at 1.320 billion.

Some notable observations: in the second quarter, after the SNB printed money out of thing air, it then added 4.85 million shares of AT&T, 673K shares of MSFT, 305K shares of AAPL, 272K shares of FB, 46K shares of AMZN, 423K shares of XOM. And according to some calculations, the SNB’s portfolio now generates over $1 billion worth of dividends, or as @SheepleAnalytics notes, “they print money and we ship them our profits.”

While we are far beyond the point of debating central bank intervention in equity markets (we do want to remind readers that until several years ago, it was considered “fake news” to even mention it, and those who accused central bankers of manipulating stock markets were said to be paranoid tinfoil basement dwellers), we want to point out that unlike the BOJ, which at least keeps its capital markets distortion local, the SNB, which likewise creates money out of thin air (then sells it for dollars in an attempt to keep the Swiss franc depressed) is actively causing substantial price distortions in the US while collecting billions in annual dividends from US corporations which are then remitted to various Swiss cantons and regional governments to fund local growth.

While we doubt this will be investigated with stocks at all time highs, we look forward to the Congressional hearings after the crash when the scapegoating and fingerpointing begins as it always does, and everyone is “stunned” to learn that central banks were responsible for blowing the biggest asset bubble the world has ever seen by directly buying stocks.

What else did the SNB reveal in its 13F? Two main things:

First, its top 20 holdings are as shown in the following chart. The central bank was clearly not shy in adding to its top positions. And more notably: it was most aggressive in adding to tech names, just in case there is still confusion why with the rest of the stock market flat YTD, it was tech names that drove the S&P500 higher.

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The Swiss National Bank gets to create ‘fake money’ to purchase U.S. stocks – and ‘suck’ over $1 billion in annual dividends out of our markets – to distribute to their own citizenry.

And, U.S. citizens sit on the sidelines and watch.

The U.S. Federal Reserve can take a big step toward leveling the playing field by granting direct liquidity extensions to U.S. citizens, in similar fashion to what they provided as bailouts Wall Street’s financial sector 2007-2010.

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 – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2869 downloads)

The Leviticus 25 Plan provides the mechanism for a $75,000 credit extension to each U.S. citizen who wishes to participate.

One of the ‘recapture’ provisions for participants in the plan is an agreement to opt out of receiving benefits from ‘Income Security’ social programs. The Earned Income Tax Credit is (EITC) one of those programs.  Payments are currently running at approximately $55 billion / year.

And this Income Security program is riddled with overpayment fraud.

The Earned Income Tax Credit (EITC) program has been “plagued with “improper payments” for years — decades actually (American Thinker – Henry Percy, April 26, 2013).  “The General Accounting Office (GAO) verified the vast scale of the fraud… estimated [to be] between 27 and 32 percent of EITC dollars claimed.’”

The “IRS overpaid Earned Income Tax Credit by at least $110.8 billion” during the years 1999 – 2008, according to a recent Treasury Department inspector general report. Source:  NetRightDaily.com: http://netrightdaily.com/2013/04/irs-overpaid-earned-income-tax-credit-by-at-least-110-8-billion-since-2000/#ixzz2dE6cUTZk

According to an inspector general’s report, at least, 21% of EITC payments in 2012 were “improper” ($11.6 billion), by far the highest fraud rate in any government entitlement program.

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The Leviticus 25 Plan would set America on course for getting government out of the business of administering massive fraud-riddled social programs.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen  –  Leviticus 25 Plan 2018 (2863 downloads)

Fortis Bank SA/NV was a large Dutch-Belgian banking and insurance conglomerate, the 20th largest revenue-generating company in the world in 2007. It assumed a certain degree of ‘underwater status’ during the global financial crisis and ended up receiving billions in bailouts from various government entities, including the U.S.

Bloomberg  Nov 28, 2011 :                                                                                                    “Fortis Bank SA/NV, the banking unit of Brussels-based Fortis, was broken up after getting 7.2 billion euros ($10.3 billion) of capital from the governments of Belgium and Luxembourg in September 2008. It was later nationalized. Belgium sold a 75 percent stake in the bank to Paris-based BNP Paribas SA in an all-stock transaction that took seven months to complete. In a 2009 report, Fortis disclosed borrowing as much as 58.7 billion euros from the emergency liquidity lending facilities of the Belgian and Dutch central banks in October 2008. Data show Fortis Bank also tapped the U.S. Federal Reserve’s discount window, taking a $7 billion overnight loan on Sept. 29, 2008, and as much as $26.3 billion in February 2009 from the Commercial Paper Funding Facility and Term Auction Facility.

Peak Amount of Debt on 2/26/2009: $26.3B
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The Federal Reserve’s “secret liquidity lifeline” bailouts of U.S. and foreign banks were designed to restore those institutions to “financial health.”

American citizens indirectly financed those ‘free money giveaway’ bailouts through a future drain on greenback purchasing power.

American families deserve nothing less than the same direct access to liquidity that U.S. and foreign banks received during the global financial crisis 2007-2010.

It is time to restore American families to financial stability and economic “health.”

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen  – Leviticus 25 Plan 2018 (2863 downloads)

During the Great Financial Crisis, the U.S. Federal Reserve was blow-hosing trillions of dollars out to a sinking Wall Street financial sector – to include foreign banks. These were the very Wall Street financial institutions that precipitated the crisis with their financial innovation schemes and high-stakes leveraged speculation gambits.

And… U.S. citizens got left holding the bag.  Millions of citizens lost employment, and millions of families lost their homes to foreclosure.

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‘Crashed’ Review: The Trouble Is Trans-Atlantic – WSJ

Aug 7, 2018 – Excerpt:

Between 2008 and 2010, as the Fed purchased massive quantities of mortgage-backed securities, 52% of its purchases were from foreign banks, mainly European, which desperately needed the Fed’s dollars to meet their commitments. The Fed also signed swap agreements that gave foreign central banks almost unlimited access to dollars that they could then use to aid troubled commercial banks. “The Fed, without public consultation of any kind, made itself into a lender of last resort for the world” …

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It is now time to level the playing field, and grant U.S. citizens the same access to liquidity that was provided to major U.S. and foreign financial institutions.

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 – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2859 downloads)

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