As the annual deficits begin to seriously ‘widen’ and the Federal government is forced to ‘float’ more paper, or ramp up its borrowing, there will evidently be a significant shortage of interested purchasers of that paper – at the target rates set by Treasury.

So…. the Federal Reserve will need to step in to ‘fill the gap.’ In other words, they will need to ‘create,’ out of thin air, new money. Lots of new money….

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The Daily Shot, Jun 2, 2019:

Rates: The Fed is expected to buy a great deal of Treasury bills as it resumes expanding its balance sheet.

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Escalating fiat currency creation by the Fed, and other Central Banks, is certain to erode the value of money. And that, over the long term, is a threat to liberty – everywhere.

“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an Instrument for the protection of civil liberties against despotic inroads on the part of governments.  Ideologically, it Belongs in the same class with political constitutions and bills of rights.”  – The Theory of Money and Credit (1912),         Austrian economist Ludwig von Mises

There is one economic acceleration plan that sets thing back in order. It eliminates vast amounts of public and private debt, balances the federal budget, and restores economic liberty for all Americans.

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

$75,000 per U.S. citizen – Leviticus 25 Plan 2020 (3332 downloads)

“It is true that the virtues which are less esteemed and practiced now – independence, self-reliance, and the willingness to bear risks, the readiness to back one’s own conviction against a majority, and the willingness to voluntary cooperation with one’s neighbors – are essentially those on which the of an individualist society rests. Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.”   – Friedrich Hayek, The Road to Serfdom

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The Leviticus 25 Plan re-establishes family and societal virtues which have been eroded through government encroachment and socialist-driven central planning – in America and elsewhere around the world.

The Leviticus 25 Plan – grants direct liquidity access to American families – the very same access to liquidity which was provided to the likes of Morgan Stanley, Citigroup, Bank of America Corp, Goldman Sachs, JP Morgan Chase, Merrill Lynch, Wells Fargo, Deutsch Bank, UBS AG, Royal Bank of Scotland, Plc, State Street, Barclays, and many, many others.

The primary goal of The Plan is debt elimination and the restoration of financial health and economic liberty for American families.

Imagine a family of four paying off their mortgage, car loans, credit card debt – and having liquidity for direct allocation for routine medical expenses.

The financial security benefits of this for American families would be incalculable:

* Financial stress relief – quality of life improvements – general living conditions, nutrition.

* Working mothers desiring to spend more time with their children would be able scale back their outside employment hours or become full-time stay-at-home mothers.

* Financial self-reliance at family level – reduced dependence on social welfare and charity programs.

* Re-establishment of normal, positive incentives for work, enterprise, innovation, achievements.

* Improved credit status for working Americans

* Improved access to primary health care

* Improved employment opportunities.

* Significant potential for crime reduction.

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There is no government-directed economic strategy that can provide even a fraction of these benefits.

One plan provides a legitimate opportunity for them all:

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen – Leviticus 25 Plan 2020 (3325 downloads)

Bloomberg’s Bob Ivry discovered, through an FOIA request, that the Federal Reserve had been running a “secretive bailout operation between March and December 2008, under which banks borrowed as much as $855 billion over the time frame for a rate as low as 0.01%.”

The Fed subsequently disclosed: “The Federal Reserve System conducted a series of single-tranche term repurchase agreements from March 2008 to December 2008 with the intention of mitigating heightened stress in funding markets.

These operations were conducted by the Federal Reserve Bank of New York with primary dealers as counterparties…this program helped to address liquidity pressures evident across a number of financing markets and supported the flow of credit to U.S. households and business.”   (Source: ZeroHedge 07/06/2011  – Fed Releases Details On Secret $855 Billion Single-Tra… )

The 5 heaviest borrowers were foreign banks – raking in a cool $593 billion:                Credit Suisse, Deutsche Bank, BNP Paribas, RBS and Barclays.

UBS Securities, LLC ($56.9 billion) was #6 on the list.

#7 Goldman Sachs received $53.4 billion – much of it borrowed at a rate of .01% (one basis point).
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The Fed ‘created’ various funding facilities during the financial crisis to bailout Wall Street’s financial market:
Term Auction Facility (TAF)
Commercial Paper Funding Facility (CPFF)
Primary Dealer’s Credit Facility (PDCF)
Term Securities Lending Facility (TSLF)
Asset-backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF)

Wall Street financial institutions also received massive liquidity transfusions at the Fed’s Discount Window (DW).

The one the Fed tried hard to keep out of the spotlight involved the “secret” single-tranche  OMO’s – through which they ‘ladled out’ a whopping $855 billion.

Again, the Fed deemed this necessary to mitigate the “heightened stress in funding markets” (translation: Wall Street’s leveraged speculation strategies got broad-sided by the great mortgage market default wave, and funding markets ‘seized up’).

In the Fed’s own words, the secret ST OMO program “helped to address liquidity pressures evident across a number of financing markets and supported the flow of credit to U.S. households and business” (translation: the biggest and mightiest financial institutions on Wall Street had suddenly developed gaping capital holes… many were on the verge of ‘going under’… and they needed a liquidity lifeline to survive).
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Fast forward to 2019. It is now time to “mitigate heightened stress” and to “address liquidity pressures” that have been experienced by American families over the past decade. It is time to grant U.S. citizens the same direct access to liquidity that was ‘”secretly” provided to major U.S. and foreign banks..

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

$75,000 per U.S. citizen – Leviticus 25 Plan 2020 (3316 downloads)

Populist solutions for serious, mainstream issues are known to take root and blossom in an era when public policies have shifted dramatically in favor of government control over people’s lives, and unabashedly favor wealthy, politically-connected individuals and groups.

Populist fervor thrives when public policies have so distorted the economic and social landscapes that trust in government is lost.

William A. Galston (WSJ – Dec 16, 2014) summarized the hallmarks of the current populist wave several years ago:
Populist movements flourish when established leaders and parties fail to solve their countries’ most urgent problems. Throughout the market democracies, one problem dominates all others: the economic squeeze on working- and middle-class families. Neither the center-left nor the center-right has responded in ways that make sense to rank-and-file citizens. So they are looking elsewhere.

Populism offers many satisfactions. Its narrative is clear and easy to understand. It identifies villains—corrupt officials, unresponsive bureaucracies, arrogant elites, large corporations, giant banks…

It legitimizes outrage, the expression of which is one of the greatest human pleasures. It flatters the people, whose virtue and common sense, it claims, could set the country right if only rich and powerful forces didn’t stand in their way. “The humblest citizen in all the land,” declaimed William Jennings Bryan more than a century ago, “when clad in the armor of a righteous cause, is stronger than all the whole hosts of error that they”—the elites—“can bring.”

Populism is the politics of nostalgia. It appeals to a better time in the past….
The ills against which populists inveigh are rarely illusory. On the contrary: Populism typically gives voice to genuine grievances, and in so doing gains credibility and energy.

At the heart of the American dream is the promise of opportunity. But in the ABC/Washington Post survey conducted days before the 2014 midterm elections, 71% of Americans said the U.S. economic system generally favors the wealthy. Only 24% disagreed. The favors-the-wealthy super-majority included 54% of Republicans, 59% of conservatives, 64% of college graduates—and even 57% of those making more than $100,000 per year.
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Government leaders in America over the past several decades have failed to solve our nation’s most urgent problems,” both social and economic. The same can be said for the governments of many other nations around the world.

Governments have not “responded in ways that make sense to rank-and-file citizens.”

The Leviticus 25 Plan appeals to “virtue and common sense….its narrative is clear and easy to understand. It identifies villains – corrupt officials, unresponsive bureaucracies, arrogant elites, large corporations, giant banks…”

The Leviticus 25 Plan levels the playing field.  It grants individual citizens the same direct access to liquidity that was awarded to the likes of Morgan Stanley, Goldman Sachs, UBS, Citigroup, Bank of America, State Street, Merrill Lynch, AIG, Deutsche Bank, Barclays, GE Capital, and many, many others during the financial crisis years of 2007-2010..

The Leviticus 25 Plan provides for massive debt relief and economic liberty for ‘ground level’ America. It unleashes the power of free-market dynamics and counters price and supply distortions that have thrived with government control over markets.

It generates massive government tax revenues – without raising taxes.  And it pays for itself over a 10-15 year period.

This is the only plan, anywhere, that restores order, and cleans up corruptive influences, and re-fires the engines of economic growth..

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen – Leviticus 25 Plan 2020 (3315 downloads)

The gravy train stopped at Russia’s doorstep in the spring of 2015 to drop off $60 million in U.S. taxpayer dollars. Yes, this is the same Russia that annexed Crimea and invaded Ukraine. The same Russia that has been provoking Europe and the U.S. – and rattling its nuclear saber.

Fox News – April 9, 2015                                                                                                     UN paid Russian air charters hundreds of millions while Putin invaded Ukraine
Excerpts:
EXCLUSIVE: In the 14 months since Russian President Vladimir Putin annexed Crimea and sent proxy fighters to invade eastern Ukraine, Russian companies have won more than $212 million in United Nations contracts to ferry troops, supplies and equipment — on peacekeeping missions.

The tally amounts to nearly one-third — 32 percent — of the money U.N. headquarters has spent on peacekeeping air transport during that time, according to the U.N.’s procurement website.

The U.S. pays 28.4 percent of all U.N. peacekeeping expenses, so the Obama administration’s contribution to the Russian bottom line amounts to more than $60 million.
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America has been leaking out a lot of money over the last decade – to help bailout Ukraine, Greece, Egypt, and other financially stressed nations. And now we’re leaking $60 million in new money to Russia via obligatory deals they have with the U.N..

This is all on top of the trillions of dollars in direct cash transfers, discount window access, credit guarantees, and toxic asset purchases that our government and Federal Reserve employed to bail out Wall Street’s financial sector during the financial crisis 2008-09.

This asymmetrical largess has gone on long enough. It is now time to even things out and grant the same direct liquidity access for U.S. citizens that our government and the Federal Reserve have been providing to foreign nations and foreign banks..

The Leviticus 25 Plan is a powerful economic acceleration plan that restore financial health for American families, stimulates long-term economic growth and stability, and generates $465 billion budget surpluses at the federal level over each of its first five years of activation.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen – Leviticus 25 Plan 2020 (3308 downloads)