Cash Sqared

Original Author
root
Original Body

Here's an Idea.

Money taken from poor folks
reinvested and returned as monthly,
bi-montly or yearly interest growing
annuity compounded annually.

by Joe B.

Sup. Gavin Newsom, is he’s a Figurehead, puppet, with handlers, backers or whatever you’d call ‘em working behind the scenes.

Maybe he’s is in total control of his own campaign within the working of the political system either way I have a slight suggestion to the "Care Not Cash" iniative it could be improved with a few adjustments.

If memory serves me I think I proposed at least to me an economic solution to both joblessness and human downsizing [folks layoff their jobs through no fault of their own as multi national corps and get lean ‘n mean to compete internationally].

The pieces were No-Work Society and Rich Economy.

The main points with going the whole thing again.
* G.D.P. [Gross Domestic Product(s)]
S&P [Standard & POOR(s)]
NASDAQ [National Association of Securities Dealers Automated Quotes] Yeah, it’s a mouth full of stuff to chew on but on to the main point, now that the economy was tanking big time an hemorrhaging money like a bullet riddled bucket leaking water.

It could be a time of experimentation and exploration economically speaking, This is what America and other countries have learned right and America is suppose to be a past master invention and reinventing it self right?

Here goes.
Instead of Newsom’s $59 dollar or less "Care Not Cash" plan why not place the as little as 5% of the individual affected in a combination investment /trust and annuity fund so some their money is working for them while they try rebuilding their lives an are helped by non profits.

In this way houseless, working poor single and families can participate and benefit.

There are quarterly financial statements and in two or four years accrued interest on the growing 5% principle

Is given by annuity check while part of the excess dividends are reinvested.

The death of individuals is a problem if there are no relatives or friends that monies and or estates are given to it may go to the state and other people so they too can benefit from this ongoing economic programs.

It sounds more complicated but don’t we a ‘kinda technology called supercomputers that can easily work out the math of compounded interest for the hundreds of thousands of people who may benefit?

This may cause certain types of havoc like people take their checks an buying homes, more savvy about money, traveling to other cities, across country, and continents also buying more abandoned office buildings turning time into co-ops.

Some portfolios might make millionaires out of a few.

They too can do nothing all day while their money works hard for them. That could be a problem, too many formally, working poor and homeless/houseless rubbing elbows and ideas with captains, scions, prince and princes of industry.

All this takes is a slight rethinking of economics and using both government and international investing to help and serve a needier population.

Yes, a crackpot idea but has anyone tried it?

I’d like to know if what I proposed is feasible and if not what can take its place because so far what have going is a lot of "Cheap ‘N’ Cheesy" legislation making people do more with less.

As an ad it’s a quickie answer but in reality… well things are more complex in real life. Bye.

Tags