Author: Rick Osbourne

If you own enough wealth producing capital assets such as land, buildings, machinery, patents, copyrights, stocks, or bonds YOUR MONEY IS WORKING FOR YOU and it’s probably producing a stream of capital income from which you benefit. On the other hand, if you own nothing more than your own labor (your ability to perform work)…

In the wake of Donald Trump’s 2020 election loss, his totally unproven claims of election fraud, the January 6th insurrection, and in the midst of Republican attacks on voting rights across the nation, there’s also been a lot of talk about DEFENDING AMERICA’S DEMOCRACY. But the critical aspect of “how to fund a political democracy”…

Inflation is what happens whenever the government prints money that’s backed ONLY by INCREASED DEBT instead of tangible assets, and then distributes it in order to save the ship of state from sinking into oblivion. Witness the current surging prices of gasoline, food, and housing across the nation. Yes Dorothy, the dollar is worth less,…

Have you ever wondered what would happen if working-class Americans could AVOID HAVING TO CHOOSE BETWEEN accepting a job that’s mind-numbingly repetitious, mechanical, boring, demeaning, unfulfilling, as well as life-negating, AND being unable to feed their kids, pay the rent/ mortgage, or even starvation? What would happen if those same Americans could afford to tell…

Let’s start with the obvious. America cannot have a legitimate political democracy (a government of the people, by the people, and for the people) when so much wealth/power is concentrated in the hands of so few at the expense of so many. When the 1% owns and controls the US House of Representatives, the Senate,…

If the Economic Democracy Act (EDA) was implemented today, every child in the USA would have $10,000 invested on their behalf ANNUALLY, and their money would be working for them instead of them working for money. In 10 years, they would have had $100,000 invested on their behalf. And in 18 years, when they’re ready…

Voters on the liberal side of the aisle genuinely despise the fact that our so-called free market, capitalist economy has resulted in so much wealth/power being concentrated in the hands of so few at the expense of so many. They contend that you can’t have a political democracy when 1% of the population owns and…

I’m a lover of profound quotes. And, one of my favorites is “Poverty is the parent of crime and revolution.” That one came from Aristotle all the way back in ancient Athens. But it’s every bit as true and profound today as it was back in 350 BC. In that light, I suggest that the…

The largest economic expansion in American history by far occurred in the wake of the Civil War after President Abraham Lincoln signed The Homestead Act of 1862 into law. This legendary piece of legislation GRANTED citizens 160 acres of public land with the understanding that they live on it for 5 years, improve it (i.e….

I’d like you to take five minutes, sit back, and imagine that you were born a trust fund baby. That is to say, starting at birth, imagine your parents were wealthy enough to invest $10,000 on your behalf in a qualified, tax-exempt trust fund with your name on it, ANNUALLY. By the time you reached…