Friday, January 27, 2012

Letter to George Rebane 1/27/2012

Many progressives are calling me a crackpot, but I think the "experts"
have messed things up so much that maybe we need some crackpots. So,
here is a crackpot idea --

1) The TPP organizes a constitutional convention for the drafting of a
constitution for the Nevada County Constitutional Partnership
Corporation (NCCPC). Anyone in the county who gets 30 proxies from
registered voters in the county can be a delegate. The convention is
organized online using bulletin boards and other near-zero cost
coordination tools -- Nevada County voters are welcome review and
comment, but maybe on certain forums only delegates can post.

2) The constitution is submitted for ratification by 2/3rds of the
represented residents at the convention.

3) If ratified, a $2.5 Billion JobBond is placed before all the citizens
of the county. The capital generated from the bond would be managed by 5
representative capital councils for each district in the county with
$500 million each to fund the creation of the NCCPC. These councils will
have the decisions on where to invest their share.

For instance, if 4 of the 5 councils decide that a bank is one business
to build, then they can send representatives to a countywide bank
council. Rather than creating four banks, they might decide to create
one bank where each district has branches. The local branches could have
certain inalienable rights but agree to give up some autonomy to gain
security or non-zero sum benefits. In the case of underwriting
guidelines, the 4 branches could chose to agree upon system wide
underwriting criteria to insure that no one branch can risk the whole
bank. Additionally, they most likely would decide each to contribute
funds for one computer system that all the branches use.

The JobBond serves the conservative goals of local control, small
government, and a vibrant economy. The JobBond is not a budget item on
county books. The County merely guarantees it, and a percentage of the
profits could be dedicated to reducing the property taxes of permanent
residents in perpetuity as compensation. Local investors would be given
the first opportunity to invest at a coupon premium, then outside
investors would be allowed to invest at a less desirable coupon. JobBond
funds would only be advanced when there is a specific project and where
there are investors willing to invest in that portion of the bond
authority.

As the NCCPC gains political and economic power, we start demanding the
block granting of our taxes back to us for education, healthcare,
unemployment, etc. Also, the $2.5 billion bond will remove the payment
of taxes on the income on that amount. It will also return exported
capital back home and "starve" the beasts of State and Federal
government, the big banks, and Wall Street in one fell swoop.

As for the selection of candidates for public service, the NCCPC could
implement an internal judgment aggregation process and, once final picks
are made, everyone in the organization could be committed to getting
them elected. We could also pass instant recall legislation so that any
representative who was voting in a way that was not as directed, then
they could be easily removed.

Once I started thinking about corporations as a force for supporting the
establishment of Justice, the insurance of domestic Tranquility, the
provision for the common defense, the promotion of the general Welfare,
and as a tool to secure the Blessings of Liberty to ourselves and our
Posterity, it changed everything. If I am a crackpot, then I am at least
in the company of giant crackpots from American history (although not in
their league).

That said, these are just my ideas. I really do mean to represent the
5th district and if given the privilege of serving I will actually work
on whatever they tell me to.

Michael Rogers.

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