Skip to main content

View Diary: Senate Democrats ready to push Social Security expansion (110 comments)

Comment Preferences

  •  Creating 20 million jobs thru infrastructure (4+ / 0-)

    spending, about 5% of GDP on  infrastructure would add about 89.2 billion in FICA each year. Over 20 years thats 1.78 trillion in additional FICA.

    .................expect us......................... FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Tue Jun 10, 2014 at 10:35:46 AM PDT

    [ Parent ]

    •  how to create them (0+ / 0-)

      6.1 trillion dollar increase in debt under BUSH

       corps assets increase $27.7 trillion dollars 56%+

      source: 01co01nr irs.gov/stats 2001
      returns  corporations :   Total Assets $49,154,424,202,000 (49.1 Trillion)

       08co01ccr irs.gov/stats 2008
       returns  corporations :   Total Assets $76,799,143,905,000 (76.8 Trillion)

       By Article I Section 8 clause 1;

      a one time 100% excise on the $27.7 Trillion corp asset increase 2001-2008 source irs.gov/stats

       or
       current ASSET Forfeiture Laws

        Use $17 Trillion pay off Federal Debt

                $3.5 Trillion pay off 1/2 50 states debt

                $3.5 Trillion refinance 1/2 50 states debt at 3% creates $105 billion Revenue
       for ACA BANK   ($4,000.00 per person for health-care premium 26,250,000 insured)

                $3.7 Trillion goes into Infrastructure Bank use to buy Federal or state debt at 3% $111 billion to
                         rebuild roads bridges etc. JOBS JOBS JOBS!!!

      win/win/win/win

        Banks become self-sustaining /federal budget saves $523 billion year in interest payments.
               ($5.23 Trillion 10 years)

      /And should only take 8 years for the corps to regain what has been taxed! (Economy stimulating)

      /saves full faith and credit of the U.S. and restores what was questioned in violation of sec 4 of the 14th amendment

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site