Bruce -- I asked three questions in my response to your first email. Unless you answer those questions, I must conclude that you are not serious about communicating and I will herewith terminate our discussion.
Marty On Mar 27, 1:56 pm, bruce majors <[email protected]> wrote: > you know you need to read some public choice theory so you will understand > the institutional incentives of government bureaucracies > > you do know that most congresscritter are millionaires and many make money > serving on corporate boards and engaging in business and real estate deals > where they use government and regulation to create opportunities for > themselves > > On Fri, Mar 27, 2009 at 4:44 PM, martycarbone <[email protected]>wrote: > > > > > On Mar 25, 11:19 pm, bruce majors <[email protected]> wrote: but > > the people on the congressional committee's caused the crisis so they > > could expand their power why would they want a solution > > > My response follows: > > > Bruce --- Do you really believe that every single member of those > > committees caused the crisis on purpose? Don't you think that we might > > be able to find a few true patriots on those committees who might help > > us -- by giving us good advice about what can be done to solve our > > current problems. > > > What is the purpose of your response to my email. > > > Are you saying I should give up on my plans to go to Washington? > > > If you do not like my plan -- please either tell me why -- or submit a > > plan of your own, in the hopes that someone in this group will be > > willing to help you. > > > Marty Carbone <<[email protected]>> > > > > On Thu, Mar 26, 2009 at 2:07 AM, martycarbone <[email protected] > > >wrote: > > > > > List buddies, > > > > > I have been working hard on figuring out the current Money and Banking > > > > crisis and have come up with some plans that my wife and I plan to > > > > take to Washington, D.C. in May. We plan to present the plans to each > > > > member of both Congressional Banking Committees > > > > > One of the plans involves plain old common people starting State- > > > > Chartered, Narrow Banks under existing laws and regulations. No new > > > > laws are needed to put this plan into existence. > > > > > I envision the first group of banks being given charters to open banks > > > > that would be chartered solely to give 4% mortgages on single-family, > > > > owner-occupied homes. > > > > > Because of the enormous leverage involved in bank lending -- the > > > > profits that such loans would generate are enormous. I figure > > > > something like 35% on the invested capital is likely. This is based on > > > > the fact that all banks can lend 10 times the amount of its invested > > > > capital and the operating of such a narrow bank will have minimum > > > > expense. > > > > > I anticipate and recommend that the charter would limit the actual > > > > cash returns to the bank stockholders to 6% -- with the other 29% > > > > being used for the common good -- primarily to go into a fund that > > > > would go toward nationwide Healthcare and Social Security Insurance. > > > > > It occurs to me that someone on this list might like to open the first > > > > bank of this type. > > > > > You can see a rough draft of this plan at > > > >http://www.alphabeticalist.com/Money%20Section/howtosolve.html > > > > I am working on the plan -- so the website version is not the final > > > > version. > > > > > The first page of the website has a link to another "Silver Bullet > > > > Plan" and gives my general ideas on the subject of Money and Banking. > > > > You will find links to all sorts of solid information on the subject. > > > > <<http://www.alphabeticalist.com>> > > > > > My background is at > > > > <<http://www.alphabeticalist.com/backgroundMRC.html>> > > > > > This is a pro-bono project for me. I have no financial interest or > > > > profit motive in any of this. > > > > > I would appreciate comments, suggestions and advice from list members. > > > > > Do any of you know your way around Washington? > > > > > Regards, > > > > > Marty Carbone / [email protected] / 760-603-1910 --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
