Thursday, March 18, 2010

3/18/10 Letter to Michael Moore

OK, do you get it now Mike? We are in the age of the corporate state.
Your efforts need to be focused on the democratization of capital.
Jefferson, Adams, Paine, and friends did not throw out government
because of the abuses of the Kings. Royal Capitalism is the problem, not
capitalism itself. Socialism is just government capitalism and it
doesn't work very well, does not have sophisticated checks and balances
on power, and will never work in our country given our traditions and
history.

Come join the great movement of our generation Mike, stop trying to
destruct and create, build, and work towards the creation of
corporations of the people, by the people, and for the people.

The Evolution of our times is the democratization of capital, but we
don't need to storm the castles on this one, we just need to aggregate
our power to build new corporations worthy of us as honest, hard working
corporate citizens.

If just 10,000 people, the population of my small town, were to commit
$10 a month, that would generate $1.2 million a year in salaries to
start a Liberation Bank. If we then took our money out of the Royal
Banks at an average of $1,000 each, that would create $10 million in
assets, we could lend out $9 million to buy good existing business to be
owned by a combination of working and investing partners, thus instantly
creating $19 million in assets, and so on.

Now imagine if the Liberation Bank had branches in every town in the
country. We could have bought your favorite company GM cheap and then
turned around to the workers and said, "Here, this is your company now."
We will appoint an interim CEO but you will start an election for the
new CEO, you will also elect your board of directors and they will act
like a legislature and make the laws of the company, then you can
appoint or elect the Judiciary branch of your company to rule on the
constitutionality of your laws. Good old check and balances, branches of
governance, and elected accountable leadership so that community of the
people, by the people, and for the people shall not perish from the Earth.

If we can nation build in Iraq, surely we could build a democratic
economic nation in the heart of Detroit among the good, hard working,
corporate citizens on Michigan.

The only catch is that they make their loan payments before they pay
their salaries and benefits just like any small business person has to
do. Then when they pay back the loan we go and look at another fragile,
hierarchical, monarchical corporation to scoop up at pennies on the dollar.

This is good old fashion capitalism where the benefit inure to the
people who do the work and not the freeriders who take our money to buy
the companies we work for and then fire us to make even more money.

I believe in you Mike, but please open your mind and imagine that you
could fall in love with the right type of corporation.

We have started a group called Sum People to move these ideas forward,
it is less than a month old, with no funding, but a dream and a plan
that we believe can change this F'ed up system. Sum People will be like
Wikipedia and not Microsoft's Encarta. It will be created by the people
who join with us to make it happen. It has no concentrated capital yet
(neither democratic nor undemocratic) so don't expect fancy graphics or
detail proposals. We are starting with an idea and are willing to let go
of where it goes and allow that to be decide by the Whole. Come be a
greater part of Sum People and lets all stop whining and get to work
building the just economy our children deserve.

We are the people, the time is now!

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