EPISODE · Feb 5, 2021 · 29 MIN
Why America Needs an Effective Third Political Party (Our two party political system is failing us)
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
MONEY-TICS AND POLITICS ARE BEDFELLOWS Currently, the establishment Congress of 545 control the entire $118 trillion National net worth through lawmaking and political connections siting on $27 trillion National debt and unrecorded obligations of $159 trillion per the debt clock 2/3/2021 3:30pm EST pm www.usdebtclock.org ,,, The top 1% wealth $60.8 trillion, bottom50% wealth $1.8 trillion for example: The 3 B’s (Big Box, Big Tech, Big Government) = Monopsony (economic formula for controlling the market through laws and regulations protecting the buyers of products in a free enterprise marketplace … the opposite of Monopolies … result is the same lower quality at a higher and higher price). They dictate their cost (prices paid the suppliers) through dominance of the mercantile and media markets. Amazon World Services $1.6 trillion, Jeff Bezos net worth $200 billion Microsoft net worth of $1.7 trillion, Bill Gates net worth of $66 billion, Berkshire $500.6 billion, Warren Buffet $50 billion Face book $732 billion, Mark Zuckerberg $103 billion Twitter $40.8 billion, Jack Dorsey $11.2 billion Zoom Video Technologies, $12 billion, Eric Yuan $35 billion Google (Alphabet) $1.24 trillion, Larry Page $78.1 billion Tesla Motors net worth, $770 billion, Elon Musk $185 billion Exxon Oil net worth of $350 billion, Darren Woods, $24 mil Walmart $447 billion, Walton family $86 billion Apple Technology net worth of $2.2 trillion, Steve Jobs estate $10.6 The top 1% wealth $60.8 trillion, bottom50% wealth $1.8 trillion, small business assets $12.8 trillion, corporate assets $15.4 trillion, household assets $127 trillion, Social security liability $20.9 trillion, Medicare liability $32.4 trillion, US unfunded and unrecorded liabilities $158.7 trillion ($479,000 per citizen) as of now. With capitalism (money capital assets) and socialism (human capital assets) working together as enterprising American workers to perpetuate the Great American Enterprise free market competition founded on policies that reduces laws, regulations, redundancy, debt, waste and deficits by following generally accepted accounting principles. Then, the three parties are able to better manage, under constitutional government, the finances and resources so our Great American Enterprise can be preserved. The Red (capitalists) and Blue (socialists) extremes will be, by swing voting, pulled towards the middle by the White stars and stripes representing enterprising American voters. Then, by having the red, white and blue flag represented and using generally accepted accounting principles to finance environment change, we can balance the books, pay down secured debt and budget for surpluses. At the same time, pursue world peace and solve the problems surrounding violence and poverty in America and the world. The cost of governance, including the health care of Americans, is currently lost to concealing reality by cooking the books. Not all of the obligations are recorded as incurred and revenues are recorded in advance of being earned; resulting in understating the cost of governance and overstating the amount of revenue collected for any period of time, due to accounting differences. The only reliable source of financial information, to answer the great economic questions, are embodied in the debt clock (www.usdebtclock.com ) maintained by the US Chamber of Commerce in New York city. It, in real time, calculates the expenditures, tax receipts, debt and deficits, properly using generally accepted accounting principles (GAAP), a modified accrual method.
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Why America Needs an Effective Third Political Party (Our two party political system is failing us)
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