Monday, October 20, 2008

According to the Associated Press, Chairman Bernanke and the White House are "open" to a new stimulus package ("Bush, Bernanke open to new stimulus package") The White House has reportedly been "cool" to a new stimulus package, but the Democrats have been pushing hard. Consequently, Bush has been coming around to the idea of printing up and sending out some more cash to deserving citizens.

The problem is that these economic stimuli are nothing more than a rehash of Major Douglas' "social credit," but without any of the checks and balances Douglas attempted to build into his system. Consequently, these "packages" the government puts through are thinly-disguised socialism.

If Bush would go along with a stimulus plan based on real growth and sound credit, neither he nor the Democrats would have anything to worry about — nor would anyone else. Such a plan is found in Capital Homesteading for Every Citizen, as we've been saying since the presidency of Ronald Reagan.

Previous postings on this blog have made it pretty clear what needs to be done, and why. The only thing missing is a way to get these ideas to people like the candidates, Bush, Bernanke, and Paulson. If you have any ideas, let us know.

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