Virtual Candidate For The White House Targets The Anti-Voter With His Bold, New 'Second Income Plan To Resolve The Nations Lingering Economic Problems"
Virtual Candidate For President Joe L. Buckett Contends That New, Democratically Dispersed Capital Ownership, Not More Jobs, Is The Real Key To Resolving Americal's Economic Problems Once And For All.
Chicago, IL (PRWEB) January 11, 2004 --To all those American voters who are sick and tired 'choosing between tax breaks for the rich and questionable aggression on one hand, and contrived government programs on the other, Presidential candidate Joe L. Buckett is offering something to vote for, instead of something to vote against...a novel and refreshing idea indeed.
The Magic Of Ownership
In the wake of the Civil War" Buckett explained, Lincoln signed the Homestead Act of 1862 into law. It used the promise of land ownership to entice millions of working class people to settle vast territories west of the Mississippi. In the wake of WWII the Federal Housing Act of 1934 began using low interest loans to entice millions of first timers into home ownership, giving countless Americans a new ownership stake in whats become known as the American dream. Together the Homestead Act and the FHA combined to produce a tangible sense of ownership and responsibility for the future of Americas bold new experiment in democracy."
Believe It Or Not, We Have A Golden Opportunity To...
Today, in the midst of an economic dilemma in which the stock market is climbing, while jobs are being lost by the tens of thousands each month to cheap labor overseas, we have a golden opportunity, to pull our nations economy up by our own bootstraps" said candidate Buckett. If you take the FHA model and replace the words 'home ownership with the words 'stock ownership youll begin to see what I mean."
The idea is to offer low interest loans to first time stock-buyers, enabling them to buy solid, blue chip investments that predictably pay themselves off with tax-exempt dividends over a 5 to 7 year period. As the loan becomes paid off, the stock dividends transform into greater and greater second incomes for stock-owners, which in turn generates legitimate demand, from legitimate value creation, upon which the economy will grow naturally, and predictably without government intervention of any kind.
Millions Of New Americans With A Stake In The Outcome...
Like the Homestead Act and the FH Act, this Second Income strategy not only creates millions of new owners with tangible, responsibility taking, stakes in the future, (not to mention good reasons to vote), but it also provides businesses across the country with access to new growth capital, and it democratizes the American economy simultaneously" said Buckett.
A Crucial Turning Point In American History...
Were at an historic turning point in our nation" Buckett said. And if we have the good sense to focus our attention on the growing side of the economy (the capital ownership side) and away from the shrinking side of the economy (the labor/jobs side) we will actively move our democracy forward into the twenty first century with what I like to call Capitalism, Super Sized. If we fail to make this crucial transition, American workers will be competing more and more with third world nations for low paying jobs. Its high time for us to wake up" he added.
For further information on the candidacy of Joe L. Buckett check out his web site at www.joelunchbuckett.com or call his Press Secretary Rick Osbourne at 630-495-1950 or e-mail him at Joelunchbuckett@chilitech.com .
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