Some Explanatory Text Wesley Burt December 30, 2004 Dear Doug, Your kind response below to my recent post and to my unsuccessful presentation of "The Optimum Policy" (TOP) for industrial nations was most welcome. My comments are inserted in your message where appropriate, so: [WSB Comment. WSB]. Below your message, I will take another shot at identifying TOP, which New Englanders are taught in the sixth grade, and forget in the seventh grade because the subject is cursed by our merchant class. Hopefully, the comments will blow away enough of the "monetarypolitical" reform smoke to make "The Optimum Policy" for industrial nations self evident. Thanks for copying ecassel1@cox.net and papadop@peak.org on your message. Democracy fails when good people are not invited to voice their opinions. --------- Forwarded message ---------- From: Doug Everingham To: ERANet@yahoogroups.com (Confirmed ok) Cc: ecassel1@cox.net, Discussion@globaljusticemovement.net (Confirmed ok) mai-not@globalproblematique.net, (No confirm copy) prompt@copsewood.net, (No confirm copy) Wesburt@juno.com, papadop@peak.org Date: Mon, 27 Dec 2004 11:34:26 +1000 Subject: Re: [ERANet] Fw: Priest, Ryan, Legum, Everingham, Gelles and Daastoel On Closing the "gap" between "prices" and "purchasing power." Thanks Wes for stressing the ills of financial rulers and their 'experts' (cynics say expert = ex + spurt -- a has-been + a drip under pressure). I again visited the TOP web site -- a list of your diagrams. I hope someone could put them in clear English as policy proposals. I (and I imagine many others) don't feel able to do so and that is why I haven't usually responded positively to your invitations like: "The Optimum Policy (TOP) is shown at" "... Please join in the discussion". [WSB The phrase, "policy proposals," suggests a number of new ideas for relieving a number of our systemic symptoms. My diagrams are not that ambitious. They only aim to show that the private and public sectors of a national economy operate in series (tandem) to produce the single flow of goods and services on which our standard of living depends. At the macro level of analysis, shown by Fig4 on the attached file, a single annual value of GDP is produced by the capital plant and delivered to the work force, while a counterflow of money (sales revenue) flows from the work force to the capital plant. At the macro level, each one of the multitude of corporate structures, which constitute the capital plant, looks just like the whole model. That is to say, each corporation disburses the sales revenue it receives from its foreign and domestic customers in the same four ways: 1, As wages, salaries, interest, and dividends to employees, stockholders, and investors (C. H. Douglas' A flow in his A + B theorem). 2, For purchased goods and services from other corporations, foreign and domestic (C. H. Douglas' B flow). 3, For speculative investments. 4, To the corporate profit or loss account. The much discussed "gap" between "prices" and "purchasing power" simply does not exist at the macro level of analysis. But, at the micro level of analysis, as presented in Fig8 on the attached file, a positive "gap" and a negative "gap" are clearly evident. WSB] Thus I assure you I do NOT "understand perfectly" TOP -- but understand somewhat the excerpt from Curtiss Priest and hope ERANetworkers and others will expound clearly a social credit policy that includes a means of having local communities distribute needs equitably and sustainably, without eliminating rewards and incentives for improving society and developing individual capacities. [WSB TOP, "The Optimum Policy" is, itself, an issue of social credit to the dependent citizens of the society which perfectly satisfies each of your requirements for improving society by restoring the perfect competition of a truly free labor market. That optimum policy was customary, according to Jewish tradition and the KJV of the Old Testament, in the day's of Abraham and Melchizedek, and has been applied to the financial affairs of the wealthy, healthy, intelligent, and powerful folks (the WHIPs) every day of the week, and twice on Sundays, from Abraham's day to date. TOP is the complement to "The Lost Secrets Of Money" by Stephen Zarlenga. But the positive "gap," or deficiency of "purchasing power" among low income parenting households is created by the "Christian Principle of Subsidiarity" which prohibits the issue of social credit to families with an income higher than the break-even point for the family size, as illustrated on Fig8 of the attached file. This positive "gap," a "shortage of purchasing power;" creates the rat race of intense competition, diminishes profitable capital investments, and combines with the minimum wage to increase unemployment. The negative "gap," on the other hand, is a surplus of "purchasing power" among high income families, with or without dependent children. All monetary and political reformers see the positive 'gap." But the negative "gap" is transparent to reformers, because the surplus money from the negative "gap" inflates the prices of existing wealth and creates the delusion of growth. WSB] -- Doug Everingham ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You can trust me on this, Doug, because I am not trying to sell you a book. And I am not asking for your vote, for your power of attorney, nor for the number of your credit card. If you became a "true believer in TOP tomorrow, it would do me no good because you are in Australia. I respond to your inquiries hoping to improve my presentation of "The Optimum Policy" enough to be heard by a few prominent Americans who can outnumber Pete Peterson and the rest of Warren Buffett's winning class of investors who, since the 1890s, have convinced US voters and taxpayers that there is no TOP. They depressed the US GDP by 30% during the 20th century in order to save 3% on their income taxes. Kind regards, Wes Burt The Optimum Policy (TOP) is shown at and discussed on list . Please join in the discussion. Subject: Doug Everingham on TOP, (The Optimum Policy) Date: Thu, 30 Dec 2004 17:19:26 -0500 From: wesburt@juno.com Reply-To: cyber-soc@topica.com To: CCMJ@copsewood.net, cyber-soc@topica.com, ERANet@yahoogroups.com, simpol-USA@yahoogroups.com, TOP@topica.com, VOW@topica.com, WorldCity@topica.com CC: adam.curtis@bbc.co.uk, bageantjb@netscape.net, ceo@corporateeurope.org, creuss@bluemail.ch, cmilhollan@yahoo.com, dabrooks@nytimes.com, dan.parker@globaljusticemovement.org, david.p@psu.ac.th, dgiles@central.murdoch.edu.au, editor@medialens.org, Ekkirion@Sympatico.ca, eltechno@clear.lakes.com, eman@takingitglobal.org, gunnar.tomasson@verizon.net, HGBrinton@aol.com, ispo.uk@simpol.org, jana.bennett@bbc.co.uk, jbunzl@simpol.org, Lezlo2025@wmconnect.com, luke@takingitglobal.org, martinh@edmc.net, mukhtaralam2000@yahoo.com, peterson@blackstone.com, powerelite@chello.nl, rhashford@aol.com, roly.keating@bbc.co.uk, The_WakeUp_Call-owner@yahoogroups.com, thinker@uniserve.com, Wesburt@juno.com