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Are pbucks in our future?
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Jul 24, 2013 12:37:01   #
Tasine Loc: Southwest US
 
http://no-ruler.net/3240/are-pbucks-in-our-future/

FTA
Our politicians have destroyed our economic system, our health care system, our public education system, and practically everything else they touch. They cannot help themselves from diddling into every facet of everyone’s life and into ever facet of every private business. Well, I say, let’s override them and their decisions, particularly on finances, jobs, health care, etc.

The time in life when people need money the most to start a family, to start a home, to get an education is when they probably have the least. This poses difficulty for the brightest and almost impossible for the less bright and the less wealthy. Many have horrendous bills as they are establishing families and trying to get their children educated. Taxpayers fund college educations, and a good portion of the borrowers cannot repay the loans – EVERYBODY LOSES.

Let’s take my partner’s suggestion and try to flesh it out a bit. His idea is that each American,living or at birth, is GIVEN X number of “people bucks” – NOT US dollars, but a private means of purchase power. People bucks would not be regulated, taxed, or touched by ANY GOVERNMENT ENTITY. Strictly PRIVATE. Let’s pretend that each baby is awarded 50,000 people bucks, and let’s denote it this way: p50,000 for convenience sake.

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Jul 24, 2013 12:52:40   #
oldroy Loc: Western Kansas (No longer in hiding)
 
Tasine wrote:
http://no-ruler.net/3240/are-pbucks-in-our-future/

FTA
Our politicians have destroyed our economic system, our health care system, our public education system, and practically everything else they touch. They cannot help themselves from diddling into every facet of everyone’s life and into ever facet of every private business. Well, I say, let’s override them and their decisions, particularly on finances, jobs, health care, etc.

The time in life when people need money the most to start a family, to start a home, to get an education is when they probably have the least. This poses difficulty for the brightest and almost impossible for the less bright and the less wealthy. Many have horrendous bills as they are establishing families and trying to get their children educated. Taxpayers fund college educations, and a good portion of the borrowers cannot repay the loans – EVERYBODY LOSES.

Let’s take my partner’s suggestion and try to flesh it out a bit. His idea is that each American,living or at birth, is GIVEN X number of “people bucks” – NOT US dollars, but a private means of purchase power. People bucks would not be regulated, taxed, or touched by ANY GOVERNMENT ENTITY. Strictly PRIVATE. Let’s pretend that each baby is awarded 50,000 people bucks, and let’s denote it this way: p50,000 for convenience sake.
http://no-ruler.net/3240/are-pbucks-in-our-future/... (show quote)


This sounds like a topic for some serious discussion as to how to make it work, but I think it would fail when someone mentioned keeping the hands of politicians out of the system. They have interfered in many things that people thought they couldn't or wouldn't, but they did.

POLITICIANS just can't stand to see money sitting idly by as they proved in spending all those "surplus" Social Security dollars all those years. Surely some of those cruds had to be able to see that their wild spending of the peoples' money would catch up with them some day.

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Jul 24, 2013 13:08:10   #
Augustus Greatorex Loc: NE
 
Tasine wrote:
http://no-ruler.net/3240/are-pbucks-in-our-future/

FTA
Our politicians have destroyed our economic system, our health care system, our public education system, and practically everything else they touch. They cannot help themselves from diddling into every facet of everyone’s life and into ever facet of every private business. Well, I say, let’s override them and their decisions, particularly on finances, jobs, health care, etc.

The time in life when people need money the most to start a family, to start a home, to get an education is when they probably have the least. This poses difficulty for the brightest and almost impossible for the less bright and the less wealthy. Many have horrendous bills as they are establishing families and trying to get their children educated. Taxpayers fund college educations, and a good portion of the borrowers cannot repay the loans – EVERYBODY LOSES.

Let’s take my partner’s suggestion and try to flesh it out a bit. His idea is that each American,living or at birth, is GIVEN X number of “people bucks” – NOT US dollars, but a private means of purchase power. People bucks would not be regulated, taxed, or touched by ANY GOVERNMENT ENTITY. Strictly PRIVATE. Let’s pretend that each baby is awarded 50,000 people bucks, and let’s denote it this way: p50,000 for convenience sake.
http://no-ruler.net/3240/are-pbucks-in-our-future/... (show quote)


What would they be? Gold bars? Should they be kept in a bank? Or under your pillow? Who would ensure no one counterfeited them?

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Jul 24, 2013 13:10:39   #
Comment Loc: California
 
Tasine wrote:
http://no-ruler.net/3240/are-pbucks-in-our-future/

FTA
Our politicians have destroyed our economic system, our health care system, our public education system, and practically everything else they touch. They cannot help themselves from diddling into every facet of everyone’s life and into ever facet of every private business. Well, I say, let’s override them and their decisions, particularly on finances, jobs, health care, etc.
In my town drugs are the main source of income for a lot of people. Is it wise to enable them with more purchasing power? As a child and early adulthood I was at the bottom rung of the economic ladder. As a young adult I looked around and saw that I wanted more education. I finished college and became an entrepreneur. I improved my employability and earning ability. I climbed out of poverty without gov. help.

The Fed. was never supposed to rule every aspect of our lives. Your are correct.
The time in life when people need money the most to start a family, to start a home, to get an education is when they probably have the least. This poses difficulty for the brightest and almost impossible for the less bright and the less wealthy. Many have horrendous bills as they are establishing families and trying to get their children educated. Taxpayers fund college educations, and a good portion of the borrowers cannot repay the loans – EVERYBODY LOSES.

Let’s take my partner’s suggestion and try to flesh it out a bit. His idea is that each American,living or at birth, is GIVEN X number of “people bucks” – NOT US dollars, but a private means of purchase power. People bucks would not be regulated, taxed, or touched by ANY GOVERNMENT ENTITY. Strictly PRIVATE. Let’s pretend that each baby is awarded 50,000 people bucks, and let’s denote it this way: p50,000 for convenience sake.
http://no-ruler.net/3240/are-pbucks-in-our-future/... (show quote)

| Reply
Jul 24, 2013 19:21:20   #
Tasine Loc: Southwest US
 
Augustus Greatorex wrote:
What would they be? Gold bars? Should they be kept in a bank? Or under your pillow? Who would ensure no one counterfeited them?

~~~~~~~~~~~~~~~~~~~~
Those are some of the things I need help with. I don't know, but I DO know that problems can be handled. It takes time, patience, thought, and logic. I hadn't even had the thought when my partner mentioned, and it struck me as extraordinary, and DOABLE.

No, not kept in a bank and not under your pillow. There are answers. Help me find them?

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Jul 24, 2013 19:21:21   #
Tasine Loc: Southwest US
 
Augustus Greatorex wrote:
What would they be? Gold bars? Should they be kept in a bank? Or under your pillow? Who would ensure no one counterfeited them?

~~~~~~~~~~~~~~~~~~~~
Those are some of the things I need help with. I don't know, but I DO know that problems can be handled. It takes time, patience, thought, and logic. I hadn't even had the thought when my partner mentioned, and it struck me as extraordinary, and DOABLE.

No, not kept in a bank and not under your pillow. There are answers. Help me find them?

| Reply
Jul 24, 2013 22:42:18   #
Augustus Greatorex Loc: NE
 
Tasine wrote:
~~~~~~~~~~~~~~~~~~~~
Those are some of the things I need help with. I don't know, but I DO know that problems can be handled. It takes time, patience, thought, and logic. I hadn't even had the thought when my partner mentioned, and it struck me as extraordinary, and DOABLE.

No, not kept in a bank and not under your pillow. There are answers. Help me find them?


The answer to these is government regulation. Politicians, bureaucracy, and laws.

It won't do away with any of the welfare, public paid healthcare or public provided education. It would only be another entitlement.

The suggestion is to entitle each citizen to a free fifty thousand dollar equivalent. It must have oversight and regulation by the government. It, while doable, solves nothing. If the goal is less government, another entitlement is not the way to go.

It's like pay cuts. Everyone is willing to take a pay raise, but no one wants a pay cut.

I can see why it seems so plausible, but in politics the compromise would be to add the entitlement and not cut the other entitlements.

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Jul 25, 2013 07:42:07   #
Mrphilharmonic
 
How would you withdraw it or spend it?
Would it earn interest?
Could you invest it?

C'mon. Not practical. You might as well talk about an allowance ceiling.

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