Our goal is maximum fair and full employment, full consumption of necessities, full compliance with environmental imperatives, etc. It is to stop the downward economic spiral fast (as Gene Sperling says.)
Words serve these goals. Money serves them too.
Cass Sunstein promotes the Second Bill of Rights (FDR addresses Congress, 11 January 1944): these rights exactly define goals for individual economic security. They are very concrete and briefly covered. Without them, FDR said, wars against tyranny would not end. There are no more important words than these--if we would know what we want.
Yesterday, Gene Sperling. invited us to reach the Obama team--perhaps via email to
gene.sperling@eo.treas.gov..... His speech (30 minutes) is at the following link.
http://www.cspan.org/Watch/Media/2009/0 ... ummit.aspx..... The Obama team wants new ideas--but reaching the team, to end the downward spiral, is extremely hard. We must be brief, practical and lucky.
If we can collaborate to simplify our agenda we have a chance. Too often our goal is less to effect change than to hear are own thoughts and sell are own texts.
The simplest way to reform interest, taxes and the system itself, is to have the Fed buy Treasury paper directly as they did to win WW II. This is "greenbacks" without the name.
Gene's words fit the above thoughts to a T. He may be focused on community development financing and new financing regulations, but his invitation to us is very broad.
I'm sending him a copy of this--but am not positive of his email address: I got it from the address.