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 residual income from which you benefit. On the other hand, if you own nothing more than your own labor (your ability to perform work)…
Author: Rick Osbourne
Wanted: One Billionaire Who Will Actively Support A Government of the People, by the People, and for the People!
I’m part of a small group of people who wants to form a new political party here in the United States. It will be called the Economic Democracy Party and it will be based on the recognition that a POLITICAL DEMOCRACY IS IMPOSSIBLE when so much wealth and power is so concentrated in the hands…
Bridging the Deep Political Divide of 2021…Economically
What if, in the midst of this unprecedented 21st century health/economic crisis, we could systematically reconfigure America’s free market economy in such a way that would… With America reeling in the wake of the recent white nationalists sponsored, terrorist attack/ insurrection in Washington, DC, and in a moment when we’re currently more divided than we’ve…
An Open Letter to President Elect Biden and Vice President Elect Harris: On Democratizing the American Economy
Dear Joe and Kamala, Please consider the following FACTS. On average, the American economy grows at the rate of $4,000,000,000,000 (yes that’s 4 trillion dollars) annually. That translates into about $12,000 for every man, woman, and child in America. But generally speaking, the beneficiaries of this annual growth are currently limited to those people who…
Property Ownership: The Cure for Voter Apathy and a Key to Responsible Citizenship
When you own a home, odds are you’ll take care of it in a way that you would not if you were just renting it. After all, when you have “skin in the game” you’ll probably be the one who makes sure the grass is mowed, the snow is shoveled, the leaky faucet is fixed,…
A Systematic Antidote to Concentrated Wealth/Power and a Myriad of Related Problems
Concentrated wealth/power in the hands of a few at the expense of the many, is a MALIGNANT CANCER that undermines and destroys any possibility of a genuine political democracy in America or any other nation. But when America’s mainstream media (which is owned/controlled by the 1%) limits its conversation to conventional monopoly capitalism (private sector…
Economically Empowering Every Single American While Creating No Debt!
Consider the following FACTS. On average, the American economy grows at the rate of $4,000,000,000,000 (yes that’s 4 trillion dollars) annually. That translates into about $12,000 for every man, woman, and child in America. But generally speaking, the beneficiaries of this annual growth are currently limited to those people who can afford to buy the…
A Free Market Strategy That Systematically Underwrites Instead of Undermines American Democracy!
A legitimate political democracy and an economy that’s dominated by concentrated wealth and power are inevitably at odds with one another. Concentrated wealth/power is a cancer that owns and controls the government at the expense of we the people. It undermines democracy. If we really want a government of the people, by the people, and…
Future Earnings: The Key to Understanding The Capital Homesteading Act
Passing the Capital Homesteading Act would require the Federal Reserve, through local banks, to loan $12,000 annually to every single American citizen (every man, woman, and child) at ZERO PERCENT INTEREST annually. These funds could ONLY be used to purchase wealth producing capital assets (such as stocks, bonds, machinery, land, buildings, and technology) that would…