EPISODE · Mar 7, 2025 · 3 MIN
EFFECTIVE COMMON SENSE IS UNCOMMON, WHILE EFFIENCY IS COUCHED AS SUCH
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
EFFECTIVE COMMON SENSE IS UNCOMMON, WHILE EFFIENCY IS COUCHED AS SUCHPART THREEIn summary, to maintain America's greatness, a significantquasi-reorganization in bankruptcy court is needed to halt debt financing and deficit spending. This would make use of Chapter 15 of the international bankruptcy code and the Department of Government Effectiveness (DOGE) tosafeguard against a takeover by the Communist Cartel. Utilizing Chapter 11 as the catalyst for solvency, and leveraging our assets for 10% trade war bonds,we can generate new capital. These bonds would be offered to the numerous millionaires and billionaires globally who have amassed their wealth through stocks, hedge funds, pension funds, and bond markets driven by the Great American Enterprise. This strategy is intended to stop the shift of international trade and sovereignty back to Western Hemisphere democracies. The details of this quasi-reorganization plan are outlinedin The American Enterprise Trilogy: Volume One - How This Happened, Volume Two - How to Fix It, and Volume Three - Who Will Lead the USA out of Bankruptcy to Solvency. This plan leverages trade war bonds for new capital generation and financial stability using generally accepted accounting principles for fiscal and liquidity stability.We should remember what has made America great and theleader of laissez-faire free market enterprise since World War II. It's a storyof American exceptionalism, driven by bottom-up free market monetary capital combined with human capital. This stands in stark contrast to Communism, which is characterized by a top-down monopsony and monopoly system. This approach, reminiscent of "Big Brother," involves Marxist control by the ultimate seller and buyer, often referred to as the Chinese Cartel. This cartel includes OPEC, India, Africa, South America,Latin America, and the USSR, forming monopolies and oligarchies that dominate global trade, the UN, the International Monetary Fund (which has provided a $1trillion line of credit for Chinese railway development in Africa and South America to the 100 ports they manage with robotic cranes), the World Trade Bank’s favored nation status, the World Health Organization, the FDA, the CDC,and the World Import/Export banking system. Additionally, China with a $120 trillion net worth, and $18trillion GDP, per the international debt clock is focusing on aligning its financial system with GAAP standards as part of their Belt and Road and Seas Initiative. Meanwhile, the USA has a negative net worth of $-70 trillion, which the CATO Institute estimates to be $-75 trillion since World War II. This is due to factors such as negative growth, losses in the global trade war, and deficits incorporated into GDP calculations. Additionally, U.S. Treasuries have been sold to Social Security, the Federal Reserve banking system, and payrolltax trust funds to manage budgetary cash flow and address this negative net worth figures. During his first term, Trump suspended the debt ceiling due to the Covid-19 pandemic, and he now and DOGE Department of Government Effiency, seeks to waive it indefinitely. Triggering insolvency and eventual bankruptcy filing by the Chinese Cartel. By: Jerry Rhoads, CPA and founder of the American Enterprise Party, the swing vote third party committed to stabilizing the Great American Enterprise's financial and political future.
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EFFECTIVE COMMON SENSE IS UNCOMMON, WHILE EFFIENCY IS COUCHED AS SUCH
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