Re: Local Currency Article

["Norman G. Kurland" <thirdway@cesj.org>]

Mike,

Go to http://cog.kent.edu/grpMonetaryReform.htm and register.

Norm

Mbindnerdc@aol.com wrote:

> Sounds like a good place for it (although I am not sure I am a member).
>
> In a message dated 12/10/2002 2:40:45 PM Eastern Standard Time, "Norman G. 
>Kurland" <thirdway@cesj.org> writes:
>
> >Good point, Mike.  Local bankers will have to expand their corporate loan 
>department and their financial services departments if we can get support for 
>channeling Fed-created new money into Capital Homesteading Accounts 
>established to enable every man, woman and child to receive $3,000 each 
>annually for buying newly issued Capital Homesteading shares, representing 
>around half of the annual capital growth pies of the US at current growth 
>rates.
> >
> >Why don't we shift this discussion to the Monetary Reform Group?
> >
> >Norm
> >
> >Mbindnerdc@aol.com wrote:
> >
> >> Norm,
> >>
> >> It is good that David raised the issue, as it allowed you to bring up 
>Homesteading.  If he had not, there would have been no opening to mention 
>anything without raising the subject yourself.
> >>
> >> While we are on the subject, it would seem to me that a good strategy for 
>pursuing capital homesteading would be to identify who in the banking industry 
>might support it and begin meeting with them.  Once they see it is in their 
>interest, they will sell the Fed.  Currently the financial services industry 
>is salivating at the thought of social security privatization.  That is the 
>mark you have to hit.  You must show the banks that your proposal is juicier 
>then Bush's.
> >>
> >> Mike
> >>
> >> In a message dated 12/10/2002 1:09:36 PM Eastern Standard Time, "Norman G. 
>Kurland" <thirdway@cesj.org> writes:
> >>
> >> >In other words, you suggest the ownership group should support ideas that
> >> >perpetuate the wealth gap, rather than focusing on ideas that will close
> >> >that gap.  Popularity and justice do not necessarily coincide.  Any time
> >> >wasted on discussion of the Tobin tax could be used more constructively
> >> >discussing Capital Homesteading and how to make it more popular than the
> >> >Tobin tax.
> >> >
> >> >Norm Kurland
> >> >
> >> >David Spitzley wrote:
> >> >
> >> >> >>> thirdway@cesj.org 12/10/02 11:24AM >>>
> >> >> Why assume that the Tobin Tax is a good idea?  If an informed society
> >> >> can create money for sustainable growth linked to broad-based ownership,
> >> >> why add friction to that process?
> >> >> ---------------------------------------------------
> >> >>
> >> >> Because at the moment Tobin Taxes are much better known than the Fed
> >> >> proposal, and is probably a bit closer to being implementable, and
> >> >> taking a positive step which may eventually become obsolete is
> >> >> preferrable to standing in place.
> >> >>
> >> >> David
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> >> >
> >> >
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> >> >
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> >
> >
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> >
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