Monday, November 12, 2012
Letter to President re: "Fiscal Cliff"
Dear Mr. President,
Congratulations on your re-election.
I truly hope you can prioritize the many issues that your supporters hope you will address including: climate change (my preferred policy choice is "Cap & Dividend"), immigration, equal rights, reproductive rights, and campaign finance reform (revoking "corporate personhood").
Of immediate interest is the "fiscal cliff." I urge you to read the blog posts of William K Black, who posts on Huffington Post. His description of the fiscal cliff and the terrible cost of austerity can help clarify what you need to do. The first step is to go over the "cliff," which is not really a cliff. Then, change economics advisors to reflect a less Wall Street-centric approach. Your supporters, the ones who re-elected you, are not the 1%, so please recalibrate your economic team to reflect the 99%. Finally, prioritize stimulus over austerity. The Federal Reserve's QE4 could be citizen's dividends. Just send checks to people. Also, please convene a monetary reform study group that could harness the power of money creation to achieve many of the goals you have while circumventing the false scarcity imposed by the current system.
Thank you, and best wishes for a productive and "forward" moving 4 more years.
Sincerely,
Yours truly
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