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FIRST AMENDMENT PETITION




Grievance:

The failure to provide a growth factor for Social Security. The fact that Social Security is an ever increasing tax burden in that 'surplus' income can only be 'invested' in Treasury bills (or T-bills). The interest on those must be paid by us, the taxpayers.

Redress:

  • Privatize Social Security (with all rules in place) into a Bond issuing entity controlled by an elected board whose sole function is to act as a conduit for consensus decisions on how Social Security functions.
  • Each Social Security participant is given one vote for each dollar paid in. These can not be sold in any way.


  • The bond fund is limited to secure municipal bonds (let's borrow from our retirement to build our schools, etc.) and the same 5% we've been giving to the banks goes to better our retirement.
  • Those currently holding Municipal Bonds (or Munis') would have them converted to nonvoting shares.
  • Anyone can buy nonvoting shares.

Vision:

"I want to see a Petition of Redress presented on the 4th of July 2001. The implementation of the Petition of Redress will create a consensus in every congressional district in the United States. Once that consensus group has been created with the express goal of propagating the petition, changes in the educational system will soon follow. As the very people making up the consensus group will be the ones taking over their school districts to implement the new educational approaches. Many of the changes to take place in the school system are already being implemented in 'Alternative Schools' across the country. The job of the consensus group will be to make these modalities the new norm."

-Kevin Murtha

A prediction...

These changes will reinstill hope in the people. People will start to rediscover themselves and regain integrity in their home, personal and business lives. As a result, one can expect to see the following additional changes:

  • 2/3 of the jails will empty because alcoholism rates will go down.
  • There will be precipitous drops in child and spousal abuse.


  • Local taxes will start dropping.
  • The cost of operating a business will drop.

TIMELINE:

2001:July 4th- Petition of Redress will be presented to the Supreme Court.
2002:Major changes in the educational system will start to be implemented.

  • Jail populations will drastically decrease.

  • Child and spousal abuse rates will drop.

  • 4% drop in income tax rates.

2003:   Local taxes will start to drop.
2004:    Several congressmen, who support the proposed changes, will be elected and start creating policy to support the unfoldment. Congressmen and Senators will begin to actually represent their constituencies. Votes will take place in the constituencies to establish the communities' wishes and the representatives will vote accordingly.

2010:     An across the board 5% interest rate will be established. This will include everything from credit cards, payments, etc.

Remember...

"The more things change, the more they stay the same."

Other Thoughts to Build the Social Security Fund:

  • Tax the stock market to control the national debt, control the bonds after the net and the debt will be paid off in 15 years. This will guarantee everyone a significant tax reduction over the next 15 years.
  • Require corporations to calculate 10% of their annual gross profits and give stocks equaling that amount every year as a Christmas bonus.

NOTE: The shares are given back to the employees in the reverse order of seniority. This will encourage the workers to continue to work hard, come up with new ideas and instill hope. The stock differences, however, will not be so drastic as to encourage, say, a janitor to not be a janitor anymore. The difference will be just enough to keep morale high and ideas flowing.

Example: Janitor will receive 2 shares, the foreman will receive one share.

 

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