It has become clear, since the Great Recession began, that the American banking and the political, "systems," are 'one-and-the-same' entity. Neither works for the majority of Americans but both appear to be working quite well, historically-compared, in fact, for the richest or most advantaged people.
Life should model to become a, "heaven," on earth for all people not just those at the foremost of political benefit, wealth or talent. This current state of affair is not what Plato envisioned. It is not what the Founding Fathers intended. America should not be about exclusion and private benefit but the public as a whole and the individual inclusion; Every Man a King.
Not Kings among the men who serve them...even Jesus would be appalled.
No one wants to think they are taking something they do not deserve or someone is being forced to accept something they do not want yet it is clear by the recent election that the American people are fed-up and ready to start taking things away. Naturally since they own this nation not the Fortune 500.
At a point greed undoes itself.
Rather than reach that point, the ultimate point of violence, we should endeavor our creative consciousness to alleviate the concerns of the excluded masses as Congress has proven that government can fix major world-altering problems such as the worst financial crisis in modern history. They cannot agree on health care, minority rights or ****** behavior but when Wall Street came begging they had no issues in agreement.
So here we are with a solution for the smallest percentage of Americans that fixed part of the economy leaving the multitude behind with nothing. Sorry, they got something; half of all familial wealth created since the Federal Reserve Act has been wiped out for the bottom half of society.
Our economy is a dud. Ironically our central bank along with England's now admit they failed Main Street and furthermore say they should no longer be involved in these kinds of decisions! Yes, Americans should eliminate all of their authority over the finance industry, central banking and monetary policy leaving it the hands of those beggars who ruined it for everyone but themselves and admitted they failed us all?
How about a simple act of Congress to amend the matter?
Declare that all publicly-traded corporations can no longer issue corporate bonds or stock for revenue if they do not offer consumers a prepayment option to their accounts with an interest bearing incentive. From now on all corporations with publicly-issued stock must accept any prepayment towards future consumer services liabilities and pay an annualized interest rate identical to the Fed prime rate.
What corporation would not want to borrow at the Fed prime rate?
When any company needs money for expansion they should have the option to pool money directly from the account holder's prepayment revenue as long as they credit those accounts on all prepayments regardless of usage at the Fed rate. If they do not pay interest they should not be allowed to access the funds until a current invoice for service is generated and due from the consumer. Consumers should be able to earn money by being good stewards and paying off future liabilities early, or if requested, the consumer should receive a check for all of their annualized interest at the end of each fiscal year.
Corporations now need you to finance their dreams and you can finance your own with real interest paid to you since most of these multinational corporations would be bankrupt and gone today had not your bank, The Federal Reserve, issued credit and capital to save them as they whined about the unfairness in the economy.