Democratic resource based economybeta

November 26, 2012
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Democratic resource based currency

The Money is the Problem ;we therfor have no choice but to replace the money.Our Mission is therfor: To explore and refine an economic model based on public assets and governed on democratic and sustinable principles.The basic outline and process is as follows:

Step One: Assess The full value of all public physical assets;lands, infrastructure, buildings,resources- renewable and finite.These assets are then considered the basis for the National Treasury on which a National currancy may be guarranteed.

Step Two: Elect a board of directors whos mandate is to oversee the mangement and integrety of the treasury and related currency.(see below for suggested method of selection).

Step Three: Board of Directors then elect a chair and executive and appoint committees from thier ranks Board of Directors hire a Management team with the mandate of managing the treasury and related assets with an emphasis on ethical management and sustainability.

Step Four: In consultation with the directorate and senior management,an initial amount of currency based on the amount of currency that needs to be injected into the economy to maintain essential services and vital industry can then be issued.

Step Five:   Circulate the currency(see suggestions below

Addendum: Process for the election of Board of Directors. Note as the board of directors should maintain independance from both the Private and Political sectors the follwing process is reccomended. One: Every Citisen by rote of being a stakeholder in the treasury shall have one assignable Proxy Vote   Two: The Citisen stakeholder may then assign thir proxy vote to any gass roots, proffessionl,union ,charty ,or other nonprofit nonpolitical organizations. Three: Organizations appoint directors from there ranks based on the number of proxiesthy have assigned to the organization

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deedanny
By deedanny on Mon, Nov 26, 2012 - 10:58pm

Cirulation Of Initial Issuance Of Resource Based Currency

Once a currency has been issued,it can be brought into circulation as follows:                                               1.Negotited retirement of all Public Debt.

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