Dire Warning and Bright Hope

Dire Warning:

CRA (Canada Revenue Agency) has a monster big brother computer with the ability to suck information of all kinds from all sources on all Canadians. Is this Orwellian power really invading our privacy and can it be stopped?

These are questions of “dire warning” to stir fellow-Canadians to seek answers.

Our American friends south of the border are likewise at a crossroads as the IRS seeks total control over every deal, every transaction between citizens and government at all levels.

I hereby give “warning” to readers and “hope” that this Orwellian power can be exposed and broken before it quietly settles over the unsuspecting masses.

One thing we can do is “Become Invisible With “Unseen.”

I believe, “Eternal vigilance is the price of liberty” and therefore, we must be watchful of Big Brother and the “band of brigands” who enforce the illegal and unlawful “Income Tax Act” in Canada and the USA and elsewhere.

Any knowledge we have learned separately and with fatigue must be openly shared with fellow taxpayers everywhere. If the “tax enforcers” already cannot handle the forest fires of liberty as they are being ignited by wage earners who double as individual, part-time entrepreneurs, how will they cope when the collective force of sparks of the various SDI (Self Directed Income) enterprises become one mighty conflagration of freedom – all over the world.

The wave of the Big Brother power has crested. It cannot maintain itself against a united effort of the SDI industry, God grant individual SDI entrepreneurs and “home office” executives within the SDI industry the wisdom to seek out a common strength, that can bind them together and increase their numbers exponentially, at this critical time in our history.

Bright Hope:

I have been studying a unique and successful economic idea that was spawned in the Comox Valley in British Columbia in 1983. Traditional barter is done on a one-to-one basis and billions of dollars worth of merchandise are bartered annually.

It was in 1983 that Michael Linton launched a unique, self-regulating economic network that functioned with a usuryfree software commonly referred to as the LETS (Local Employment Trading System) software. The LETS software allows participating members to cash in on “talents,” “skills,” or offer “products” and/or “services’ on the basis of what can best be described as a “social credit note.”

It is my conviction that the usuryfree, LETS software has the power and potential to be implemented by SDI entrepreneurs and thereby provide a “bright hope” to offset the “dire warning” outlined above.

I invite all SDI entrepreneurs and “home office” executives in the SDI industry to consider the practical implications of implementing a usuryfree software program for trading within the SDI industry. This innovative, usuryfree software could be pattered after and adapted from the original usuryfree, LETS software.

For Example:

Sam sells computer software, Susan is a homemaker who markets her talents as a competent typist. Sam does not need word processing right now, but Susan needs to purchase computer software. If Sam and Susan are members of an economic, exchange group of SDI entrepreneurs, then they can negotiate the trade or exchange.

Sam delivers the computer software and Susan pays Sam with either paper notes of a usuryfree time currency or by transferring electronic credits from her account to Sam’s account. Let’s say the amount of the trade is valued at $50. – so Sam’s account increases by $50 and Susan’s account decreases by $50.

Later the same week, Sam enrolls another part-time, SDI entrepreneur, who in turn asks Susan to type a sales brochure at a cost of $50. This transaction permits Susan to earn $50. These economic exchanges demonstrate that this exchange network is a “full currency system” that allows each participating member to transact business and receive general value.

This same procedure would take place when SDI entrepreneurs trade with each other and/or with the “home office.” After all – “Purchasing each other’s SDI Products is a Novel Idea”

An exchange between SDI entrepreneurs would work like this. Assume the participating SDI entrepreneur buys a monthly supply of home cleaning products from the “SDI home office” supplier. Let’s assume that the products are priced at $100. (retail price). The SDI entrepreneur pays the SDI “home office” $60. (federal cash) and s/he pays the other $40. with a usuryfree time currency.

The $60. would cover the manufacturing costs of the products plus any applicable taxes and shipping costs. The $40. credit in the SDI “home office” could then be used to pay a percentage of any earned commissions to the SDI entrepreneur at the end of the month.

Each participating SDI entrepreneur would also be encouraged to negotiate trades with each other using a combination of federal cash and usuryfree time currency. Each participating SDI entrepreneur has total control over his/her pricing system to include collection of taxes, overhead costs, retail markup and the percentages of usuryfree time currency and federal cash for any negotiated sale.

In this proposed economic exchange system, the more traders that are enrolled in the database, the greater number of talents, skills, products and/or services that can be offered and the more effective this alternate, economic system becomes as a means of generating income locally, nationally and internationally.

While all transactions are recorded so that members can calculate how much income tax either CRA or the IRS would like, the members would have the option of paying any income taxes owed with the same percentage of usuryfree time currency that they are accepting for negotiated trades. All levels of government purchase products and/or services from local businesses – therefore any level of government can accept a percentage of usuryfree time currency as partial payment of any owed taxes.

Furthermore, as active SDI entrepreneurs, they will pay less income taxes than employees, as they qualify for an abundance of business deductions traditionally available only to entrepreneurs.

This is another reason why a usuryfree time currency when implemented within the SDI industry – because there will be countless thousands of new recruits in the SDI industry most of whom will have been wage earners who had a history of being heavily taxed at source.

Now in their new role as a part-time SDI entrepreneur, they will qualify for significant ‘income tax refunds” especially during those early years in business when their expenses can cause them, to have a “legitimate loss” that is written off against the taxes paid at the source of their primary income.

Such an innovative and complementary economic system would directly support the SDI industry and indirectly support the re-birth of local communities in all their vital aspects, economic, social and ecological, without conflict – with the leadership of the participating SDI entrepreneurs.

A usuryfree time currency system could be referred to as “ufoh’s” (UsuryFree Online Hours) and would be capable of providing increasing stability and energy to local economic systems all over the world – despite the instability in their (the bankers’) usury-based, debt money system.

Essentially, a “ufoh” system would resemble a bank, and being a member of a “ufoh” system would be as simple as having another bank account. Member accounts would hold “ufoh’s,” – a quasi-currency, equivalent in value to the federal dollar, during these transitory times. All accounts would start at “zero” and members would be encouraged to use these “ufoh’s” with other SDI entrepreneurs. This sort of usuryfree economic system would therefore always be exactly balanced with some of the members in credit and other members in debit.

This would create a home marketing recirculatory currency, whose effectiveness would be determined by these arrangements:

-       -  that there is never any obligation to trade

-       - that any member may know the balance and turnover of another member

-       - that NO USURY (INTEREST) is charged or paid on balances

-       - that if necessary, administrative costs are recovered, in “ufoh’s” from member accounts on a cost-of-service basis.

An economic system that trades “ufoh’s” would be self-stabilizing and could be used with total freedom from risk of financial loss. Set up costs would be minimal and the operation could be self-supporting financially at the outset even at a fraction of its full capacity.

A usuryfree software program could be developed and written to be progressively expanded, updated and available as required. The basic equipment needed to implement this proposed program is a computer on which to operate the software and perhaps some paper notes to help facilitate local trading.

This unique economic idea was spawned in the Comox Valley, British Columbia in 1983 and during the past 31 years the innovation has evolved and has clearly demonstrated its value to the community and its financial viability.

Further material relating to the theory of such a usuryfree, economic system, its practical implication and operation is available to SDI “home offices” and SDI entrepreneurs upon request. Supporting information is also offered on a cost-to-provide basis to individuals or groups wishing to launch similar economic systems.

I have drawn this unique, economic concept to your attention because I think it is the “hopeful answer” to expand the SDI industry at an exponential rate and likewise expedite the process of destroying the fatally flawed Income Tax Act that has been “dead’ since its “birth.”

In summary, I recommend that we continue to recognize those constitutional responsibilities that have not been usurped. A usuryfree time currency system is not in any sense an attempt to subvert or evade “honest and just” government. What it does offer is an opportunity to form aan additional social contract and if we choose to do this we can have “strength” to expose “deceptive, dishonest and despicable” government.

The essential basis of any useful social contract is the freedom to consent, which of course means also the freedom to dissent, or decline. Unless one can say “No, I won’t” then “Yes, I will” is meaningless.

With a usuryfree time currency economic system, the freedom to consent or decline is made available as a practical reality in the trading process between members. It might be argued that freedom already exists with our conventional, usury-based, debt money system, BUT since usury (interest) causes a scarcity of money we are forced to take what work is available simply because we are indebted to the banker, even when the job may be personally unsatisfying, hazardous to your health, or damaging to society and the ecology in general.

In an usuryfree time currency economic system, all members can be as active as they choose, doing work of their own choice, provided that what they offer is indeed valued by the participating members. It is really a social organization founded entirely on mutual consent. In the long run, nothing else will survive!