MY MODEL
MARKET RESCUE PACKAGE.
For protection of the private enterprise market system.
By Loris
Erik Kent Hemlof.
Posted to http://www.loris-hemlof.com/markets.html
2009
April Friday 24th.
WHAT AND WHO HAS CAUSED THE DEBT AND LIQUIDITY CRISIS.
THE GREEN TECHNOLOGY REVOLUTION; adjustments in the economy from moving
from an over production of greenhouse pollutant producing products to a
zero greenhouse emission economy. The green technology revolution is
the greatest change for peace in the economy in 100 years; As
significant a step forward and retooling as the invention of the
combustion
engine was the last centuries greatest step backward into war.
FREE TRADE AND MONEY MARKETS; Too much money was invested [and lost]
for too long
by international money market and financial derivative casino mania
screen jockeys. We should buy from our own producers even if in the
short term we are not the cheapest. Each free trade area should be
about 10% of the world market. Put a 50% tax in money transacted
overseas such as to buy imports. Free trade is like an intoxication.
The world economy has been on an instant high for too long. While our
industrial muscle has gone to the pushers pandering to our need for
slave wage produced intoxicating product. Returning to protectionism
would return us to the hard grind of producing things we need for
ourselves and to sell to pay for needed imports. As with the great
depression with the reintroduction of protectionism we can expect a
collapse in world trade for a decade or so before we slowly rebuild our
own manufacturing industries over the next half century.
ANTI-DEVELOPMENT crusades that have lock
up land and prevent land release which led to a housing bubble that was
the problem, The market correction is the solution. Solution ;
compulsory
acquisition of farming land, commission of subdivision infrastructure
and provision for free to each citizen at age 40 with a first new home
construction grant to bring assets up to $200,000.
BAIL OUTS. Let the bankrupt banks be liquidated and taken over by more
profitable practice banks or if their are too many let them do
something else.
ANYONE WHO HAS A GO;
DEPRIVED, MADE HOMELESS AND BASHED The unemployed have had all the
decency
bashed out of them. Loss of social security when someone works and
leaves work. Has led to the total destruction of anyone who has a go.
Remove unemployment, disability and aged requirement for welfare.
Introduce an automatic electronic assessment and payment zero paper
work and zero fake job training and application obligation 25%
withdrawal of income and progressive removal from benefit of 1/2,000 of
rent and owned assets. Separate income and assets test for each partner
in a marriage. The right to a a welfare wage of on average [$600 per
week] with the listed company of the citizens choice paid an equal
portion of 20% of the companies revenue, plus another 20% of the
companies revenue for a bonus for 50% of companies choice of working
wage recipients who are the best performers on average $1200 per week.
No minimum wage except a level of pay below which the employee may
strike [leave the job in unison with others].
ANTI WHITE RACISM BY BLACKS; The brutal truth is that whites are more
innovative and productive and blacks more backward and destructive. The
rape of the immigration
system by racist black refugees has diluted our resources and flood the
country with aids infested lemons. Provide and subsidize a free market
in sperm and eggs of fair donor and surrogates. Charge $200 per week
for residency except by fair co-citizens of free trade zones and
$200,000 citizenship free except where born of citizen mothers
BUSINESS LIQUIDITY. Solution; provision $200,000 to each of 100,000
small businesses for working capital without debt repayment obligation
for $20 billion. Underwrite share prices at intrinsic valuation, Shares
purchased by the commonwealth dissolved so the commonwealth does not
become an owner of the listed company. So companies can raise working
capital from investors willing to buy shares issued at intrinsic
valuation.
NATIONALIZATION; PUBLIC SECTOR MONOPOLY AND UNIONS PAY AND DEBT
OBLIGATIONS. Sell all public schools, hospitals, medical centers,
media, electricity, desalination, for investment into new
infrastructure. Levies on company payroll for education and media.
$2000 subsidy of private insurance. Contract out military to NATO, and
aid to the International Red Cross aid to residents of countries
accepting welfare reliant black refugees coming to Australia.
EXTRA REVENUE AND SAVINGS SO AS MAINTAIN A BUDGET SURPLUS AND LONG TERM
LIQUIDITY;
$100billion; 50% tax on Australian dollar to foreign currency
conversion [in Australia], barter, or Australian dollar exodus
[from Australia].
$100billion: 50% goods and services consumption sales tax. Exemption
for Buying of new constructions [housing] and Business spending.
$50billion; 50% tax on housing and other real estate inflation [Real
Estate Capital Gains Tax] paid on sale of real estate.
$50billion; Printing [issue] of Australian dollars currency [Rather
than the issue of bonds or other
debt, even though borrowing by the USA has maintained the value of the
USA dollar].
$50billion; Privatization of public
electricity, desalination, media, hospitals, medical centers, housing
and education assets.
$50billion; 2% tax on bank account withdrawals.
$50billion; tax of $100 per ton of greenhouse gas emissions
produced when burning fuels produced or
extracted from or imported into Australia.
Contract out defense to NATO paying $50billion for Australian citizen
contractors.
Contract out aid to refugees to the International Red Cross paying
$50billion to refugees in countries agreeing to accept Australian
refugees.
Contract out all public services. Sack all public servants except
elected by general election and staff employed by elected
officials.
BANKING.
All banking in Australia must be through Australian Reserve Bank
compatible and accredited account system and cash terminals which must
let any nations standard compatible transaction card to withdraw cash.
Automatic teller machine owner may charge up to $1.50 for each
electronic transactions, plus $1.50 per transaction if accessing an
account held by a bank other than the one providing the teller.
For human teller transactions the bank may charge up to $3 per
transaction, plus $3 per transaction for to make a withdrawal of cash
in another country in the local currency.
Deposits must be backed by cash.
Replacement currency may be obtained for currency damaged or destroyed.
Depositors money must be kept in an Depositors Investment Fund separate
to the managing banks capital resources.
Banks may have deposits held by and investments in other banks.
The Reserve Bank Of Australia accredited banks may use the banks
Deposits Investment Fund to invest in Shares in Australian companies
which list on the Australian share market, Units in managed
investments, or Australia located commodities but may not lend amounts
out, except loans may be made to native title holders to commission
communal native title assets to be paid back from the income and
deposits of the tribe.
All working capital deposits by Australian companies and savings
accounts of citizens must be held within a bank registered by the
Reserve Bank of Australia.
To gain a banking license the bank must have over $100 million in net
assets.
Banks may provide savings accounts and term deposits.
Only Australian citizens may deposit amounts into Australian Banks
savings and term deposit accounts to go into the single consolidated
Deposits Investment Fund of the Australian bank for investment into
Australian share market listed companies and loans to black aboriginals
individuals and tribes subject to 100% asset backing for a 1 part asset
to 1 part loan ratio this may be extended after 6 months if the loan is
invested to create more assets.
All deposits of Australian citizens and Companies who list on the
Australian share market in Australian banks are backed by a guarantee
by issue of currency by the reserve bank, as managed by the Australian
Private Company For Liquidity Fund.
Deposits in an Australian bank account which has laid dormant for 100
years are paid to the commonwealth of Australia budget revenue.
If the owner reactivates the account amounts are returned to the
account from the Commonwealth of Australia budget revenue.
Loans for assets to exist on fair citizens owned land are prohibited,
Loans may be taken out for assets to exist on native title communal
land as approved by the tribe owning the land.
Credit card ownership is prohibited except by black Australian citizen
aboriginals.
Direct investment in the share market is prohibited except by black
Australian citizen aboriginal tribes.
Banks may invest in the share market.
Australians may invest in savings accounts, debit card (like a credit
card but drawing from savings), and 10+ year term deposit accounts.
Term deposits made by Australian citizens into Australian banks may
only be accessed before term to bring the citizens owned assets up to
$20,000.
Term deposit interest rates;
10+ year term deposit accounts pay a fixed interest rate of 10% per
year.
10+ year term deposits balances and per 10% per year returns are
guaranteed by the liquidation of the bank assets and the commonwealth
of Australia.
Savings deposit interest rates;
Savings deposit interest rates are fixed at 5% per year
The Reserve Bank guarantees with the printing of money the balance and
returns on the banks Depositor Investments Fund 25% of the way from the
actual return up to a 30% gross return per year for the bank before
paying interest to depositors. The Reserve Bank guarantee of Australian
bank Australian citizens Depositors Investment Fund is financed with
the issue of currency to re-capitalize the fund.
Loans may be made to black aboriginal Australian citizens for assets to
reside on black aboriginal Australian citizens communal land.
Debt repayments are fixed at 30% of an individuals native title holders
income or 30% of a Aboriginal tribe revenue until the loan is repaid.
Banks may not foreclose on a loan, or Repossess, seize, or sell assets
or Evict owners from native title assets purchased with loans.
Loan Interest rates; Are equal to the rate in increase in the
Australian dollar money supply each year; 10%.
Loans repayments for loans to black Australian aboriginals guaranteed
by the reserve bank to bring the monthly repayments 50% of the
way up to 2% of the outstanding loan including interest owing.
BANKRUPTCY OF AN AUSTRALIAN SHARE MARKET LISTED COMPANY.
The accredited Australian Private Company For Bankruptcy may put any
Australian company with debt that exceed gross assets into bankruptcy.
The company going into bankruptcy is stripped of share holders who lose
all their share holdings in the company, and stripped of debt so that
all suppliers of labor, loans, product, or services to the company lose
all wages, payment, repayments, product or service owed by the bankrupt
company. The assets of the bankrupt company are then used to form a new
company. A different name for the entity to take on the assets of the
bankrupt company must be determined. The Private Company For Bankruptcy
must then sell the new company on the share market to new investors
with 99% of the proceeds of the float paid to the new company for
investment into new product, and 1% of the proceeds of the float paid
to the accredited Private Company For Bankruptcy. The tax payers
government may not bail out any company or bank.
INSURANCE;
The maximum reserves of insurance pool funds must be the amount of
premiums received in the last year or if more $100,000.
Each insurer may have only one pooled insurance fund for all Australian
citizen policy holders.
Insurance pooled funds may invest reserves in Australian companies
listed on the Australian share market.
Insurers may pay themselves for the administration of insurance pool
funds a maximum of 20% of payouts to the insured from the insurance
pooled funds.
The first $2,000 of each Australian citizens primary health insurance
is provided by the the commonwealth budget of Australia.
EXTRA EXPENDITURE TO INCREASE DEMAND TO UTILIZE PRIVATE SECTOR
OVER CAPACITY;
Australian bank account guarantee.
$20billion
share market bailout fund; to buy back and de-issue shares
purchased at their
intrinsic valuation when their are an excess of sellers. Also shares
issued by the company at
intrinsic valuation when there are an excess of buyers at the intrinsic
valuation. To
eliminate share market fluctuation and land price
inflation mania casino gambling. Proceeds of issue
of share only used to commission buildings and machinery.
$20billion for a machinery and labor subsidy divided between the
100,000 listed companies.
Each listed company granted $200,000 for purchase of machinery
and labor paying a maximum of $20 per hour.
Splitting
mismanaged financial and other companies into viable and loss
making parts.
Liquidation
and resale of loss making parts of companies.
Direct investment by banks more than debt finance.
We need to deflate the land price bubble to boost construction and
re-inflate demand for the
real economy. Construction of new housing and
production of other permanent products providing a material
backing to Australian dollar currency so as to cancel
out inflation.
PRIVATE INVESTMENT IN PRIVATE SERVICE PROVIDER INFRASTRUCTURE.
The
government should be able to make a profit on property development by
using compulsory acquisition to purchase farming land at non
speculation inflated prices. To
eliminate
the restriction of land supply price bubble profiteering from doing
nothing but extortion from having restricted land supply. Speculation on
restricted land supply has often
amounted to 50% or more of the cost of new dwellings.
:
$50billion per year for a 25% subsidy to commission $200
billion in private investment into service infrastructure.
Compulsory acquisition of vacant land and
abandoned dwellings, paying up to $5,000 per hectare for private
developer, for construction
of private housing. Also for the national private broadband network,
private hospitals, private water supply
(Desalination plants, pumping and pipes), private electricity supply,
private education, private offices, private supermarkets, private
factories, private railways, private airports, private seaports,
private transport, and other private operator infrastructure for
construction by
private construction companies as pre-sold to private service provider.
Including:
All new building infrastructure must produce zero carbon dioxide or
methane.
For construction of dwellings pre-sold to Australian citizens owners,
to gain an income from providing asset services to Australian resident
people and businesses.
----
WELFARE.
NATIVE TITLE HOLDERS BASICS VOUCHER
: $5,000,000,000 / 500,000 recipients / 52 weeks = about
$400.00 per week.
For from the beginning of the year when turning 10 years of age.
NATIVE TITLE HOLDERS ACCOMMODATION.
: $5,000,000,000 For the construction of free tribal housing. Single
story 6 bedroom, living room, bathroom, laundry, and kitchen community
housing each bedroom with built king bed, cupboard, shower, toilet, and
each house with sink and washing machine / 5,000 houses per year =
$1,000,000.
5,000 each year x 20 year replacement cycle = 100,000 free native title
holder dwellings each for up to 6 relative or marriage partner
residents.
Any native title holder has the right to reside in any spare bedroom in
a native title area.
Dwellings may be located in fair complexion Australia or native title
areas in proportion to population. [ 5% in native title areas. ]
FOR FAIR AUSTRALIAN CITIZENS (NON NATIVE TITLE HOLDERS) BORN IN
AUSTRALIA FIRST NEW LAND SUBDIVISION AND UNIT CONSTRUCTION GRANT as
claimed to bring the persons gross assets up to a common level.
: $40,000,000,000 / 400,000 recipients per year [ 250,000 people born
in Australia turn 20 each year ] then an average payment $100,000 per
dwelling so to bring assets up to a common level of about $200,000 per
singe recipient or $400,000 per married couple.
For single bedroom single story accommodation including furniture and
appliances.
If housing purchased with this grant is sold the proceeds to the value
of the grant are held in trust for the purchase of the construction of
another new 1 bedroom dwelling.
When a new home construction grant recipient has died any housing
purchased in part with first new home construction grant becomes free
disability housing for maintenance by charities who may determine a
tenant for each 1 bedroom dwellings.
Recipients may not provide accommodation to or live with
relatives or marriage partner.
As an alternative to native title and tribal accommodation.
FOR FAIR AUSTRALIAN CITIZENS (NON NATIVE TITLE HOLDERS) INCOME
SUPPORT.
: $40,000,000,000 / 52 weeks / 5,000,000 males over the age of 20 to
bring income 25% of the way up to a common level [ of about $1,000 per
week so each recipient receiving up to $250 per week ]
As an alternative to Native title holders voucher of shared
native title holders.
---
CHILD
CARE AND/OR EDUCATION
20%
levy x private business payroll for the payees choice of private child
care and education provider.
Any child to the year turning 19 may then gain child care and education
from any child care provider.
Resources of each private child care and education provider spread
equally to all enrollees
10% levy x private business payroll for the payers choice of adult
apprentice, private recruitment company and private adult education
provider.
5% levy x payroll for the payers choice of educational television
studio.
The studio receiving the most sponsorship in the last year gaining free
television channel spectrum.
Other studio receiving less sponsorship must provide the sponsorship of
programming to a studio gaining a channel.
For free to apprentice students private education scholarships,
educational television, and recruitment services.
Geared to the needs of private industry.
To replace income, payroll and profits tax and public education.
Established
dwelling grants and restricted land release which has inflated
established home prices axed and strangled new housing supply. So
induced housing inflation and so homelessness. Recent new housing
oversupply
induced
fall in established housing prices in the USA is good as more people
are able to afford and have housing.
Patent holders provided with job as a Chief Technologist with a new or
established listed Australian company.
The Chief Technologist of each Australian share market listed
Australian company issued with fixed 1 share for every 4 issued by the
company.
5% of production revenue paid as dividend.
Wholesale interest rates in Australia set at average income of an
Australian citizen / average price of Australian dwellings per bedroom
= 6%.
Long term reduced new supply of land and high immigration has led to
housing inflation in Australia and in the USA.
This was bad and only lead to homelessness because of over priced
land.
Welfare;
WELFARE
WAGE.
All Australian citizens over the age of 20 to have the right to
employment with the Australian citizens own choice of Australian listed
company or if unemployed the listed Australian company has the right to
detain the otherwise unemployed citizen and pay 80% of all hours of
attendance an equal welfare
wage being an equal portion of a mandatory levy of 30% x the
listed
Australian companies revenue in the last year / 52 weeks.
[Company revenue 1.5 trillion x .3 = 450
billion for welfare wages / 15,000,000 adult welfare wage employees /
365 days =
about $576 per week ] for each welfare wage recipient
depending on the number of employees and the revenue of the employer. ]
Also 50% of welfare wage recipients may receive a mandatory bonus an
equal portion of a mandatory levy of 15% x the Australian listed
companies revenue. [Company revenue 1.5 trillion x .15 = 225 billion
for bonus / to half [7,500,000] of welfare wage recipients /
365 days = about $576 per week ] for each welfare wage bonus recipient
with full employment depending on the number of employees and the
revenue of the employer. ] [ Plus or as an alternative to income
support ]
HEALTH
: $40,000,000,000 for a subsidy of the first $2000 of medical insurance
for
all 20,000,000 Australians no insurer refusals. [ About the full cost
of a premium cover insurance policy ]
: $20,000,000,000 for a private hospital bed and care subsidy to for
each night of hospital bad and care provision. Collected by accredited
private hospital providers. $40,000 per year x 500,000 accredited
private hospital bed and care patients. ]
AGRICULTURE
$10billion
land owner x (area over 100 hectares x rainfall) subsidy for
conservation and agricultural assets and employees other than land
owner.
COMMUNICATIONS
$2billion
for upgrade or new free naked UDSL of optical fiber local
connection for ownership by property owner.
$1billion for to extend DSLAMs [to connect UDSL local connection
to backbone ] to country areas for privatization.
$6billion for to increase the capacity of the interstate and
international internet backbone for privatization.
$3billion for Linux free public domain software development for public
ownership.
BORDER SECURITY
A residency fee including for refugees and other non citizens of $200
per week, and requirement that migrants pay for own housing, or go
home.
Plus a citizenship fee of $200,000 would also reduce housing demand so
homelessness by increasing priority access to public housing for
Australian citizens.
TRANSPORT.
$10billion rebate per driver, passenger or ton of cargo kilometer for
private providers of zero greenhouse gas emission transport.
$1billion to scale up production and for further development
of Perendev free energy motors for fuel and emission free
transport and
electricity generation for the International Red Cross.
$1billion
to produce and further develop Searl Effect emission free anti-gravity
technology craft for NATO international defense.
Allow
property market corrections to work.