Occupy Wall Street Protests
BANKERS’ BILLIONS – is this a problem? Not necessarily.

A guy walks out of Las Vegas’ biggest casino with $1million winnings.
Is this a problem? Not at all. Good luck. Enjoy!

But when the nation’s biggest casino is also the nation’s banking system...
now that IS a problem.

recession, unemployment jobless Wall Street banks
Financial Reform


Prosperity is a natural human condition.

We have hands, brains, and natural resources; combine them, and we can produce the goods and services we need to sustain ourselves. Add creativity and invention; the combination results in productivity, the art and technique of producing more and better goods and services with less materials and labour. As this trend progresses, so our prosperity increases. It is all possible. But it doesn’t happen quite that way. Why? Three major causes may be singled out.

ONE: Our banking and financial network, the most important of the infrastructural services needed to support a developed society and its economy is inadequate and mis-used.

TWO: There is no direct relationshipp between work and reward. This creates social injustice, unemployment, inflation and financial instability. Yes, really.

THREE: Governments are monopolies, lacking any form of financial discipline or productivity incentive. So taxes and debts slide slowly upwards, services remain stagnant or decline, and government departments proliferate.


ONE: Banking Reform

First: Separate retail from casino banking. Only retail banking qualifies for taxpayer support.

Then: Establish a network of Industrial Development Banks to create jobs, expand and improve industry, and finance public infrastructure... without adding to the deficit.

Financial Reform for Stability and Growth.

TWO: Millionaires and Unemployment

A single standard system of Job Evaluation provides a fair and stable relationship between work and reward. This works through to prices when coupled with profit ceiling.

Stability of remunerations and prices allows economic expansion without inflation. Stable money – and social justice.

A Fair Day’s Pay for a Fair Day’s Work.

THREE: Better Government – less cost.

We need: independently audited detailed, transparently clear accounting published in detail on the internet; ruthless elimination of any and all projects, departments and expenditures which do not contribute obviously and directly to good governance; then subject what remains to rigorous productivity assessment.

Transparency, Productivity, Accountability

Financial Reform for Stability and Growth
Click to download in pdf. 18pp


The Eurozone Crisis: Why does Germany call the shots?
The answer lies in banking for industry, and teamwork.
Any country can do it.


The OCCUPY movement: agenda for action.
occupy
Click to check it out.

       internet arton publications