What Does The Occupy Wall St. Groups Want? First Occupier’s Desperate Plea For Help!

What will help fulfill grievances and the dreams of the younger generation, and the middle and working class, and close the wealth gap between the classes?

Get ready to participate in democracy!!

Sign The Petitions That Will Help Fulfill The Dream. We do not want blood flowing in the streets.
 
What is all the buzz about? Have you read the hottest story on the Internet? “Six Days Under A Tarp – NYC Occupy Wall St - Zuccotti Park” 

My name is Leonard C. Tekaat I need your help to prevent blood from flowing in the streets! 

First, let me introduce myself I am a retired small businessman, financier, investor, author, economic scholar with over forty years experience in the world of home financing and housing investment. I have a lifetime Ca. Teaching Certificate. I am the
Chairman of a special Committee for Economic Reform and A Better Economic Future. We are the creators of the People’s Economic Recovery Plan. Posted at www.recoverygovforthepeople.wordpress.com

I did not realize it until I spent 6 days with NYC Occupy Wall ST, that I am the first Occupier. I have been battling to change the policies that continuously help increase the wealth gap between the classes, since 198I, when I wrote the book titled “Inflation The Economy Killer, How to Create, Control and Stop High Inflation”. 

I realize our economy currently has a low Consumer Price Index number. I am thinking of the past, future, and our economy’s present economic condition. Before almost every recession there occurs either a financial bubble or high inflation. I will get back to the cycles of the economy later in this article.

Currently, I believe people are finally starting to wake up to the fact that the middle class, and the working class are the backbone of the economy; it is not Wall St., the big banks, big businesses or big government. If the middle class and small businesses are down the economy is down. The economic power is with them. They outnumber the rich by more than a million to one. They have come to the realization that they don’t have to take the leftovers anymore.

The people with extra cash can play their games of wealth protection and “investment” of their accumulated money, but without the masses participating in the economy all value will decrease for lack of demand for products and services, as it did in the Great Depression.

John Maynard Keynes, the noted British economist, was correct about demand, but he did not leave us with the correct tools to reduce excessive demand when inflation, or economic bubbles are occurring. This is what the book is about. But we do not have excessive demand currently on Main St. We have insufficient demand. This is the problem that must be fixed right now, not later!!

The younger generation, the middle, and the working class are getting tired of being ignored.  They are frustrated with Congress and President Obama not changing the policies that would improve their opportunism to provide for themselves.

The middle class, working class, the Occupy Wall St. group doesn’t know how to fix the economy but they do know that it must change. They want a better future where they can realize their dreams, no matter what their American Dream is. This is why people are marching in the streets and occupying Wall St. They believe they have been short changed. That after working so many years to accumulate a little piece of the pie, many of them have lost almost every thing. They don’t secure about their future.
 
They know that the “Big Boys” the “Politically Connected” and the “Disadvantaged” got the “Gold Mine” and they are going to get the “Shaft” (“BILL”) I am afraid that unless we can change the direction of the White House and Congress there is going to be blood in the streets!

Even thought the Occupy Wall St movement is occupying sites all around the world, to draw attention to the younger generations’, the middle’s and the working class’s plight, they are fighting with the only effective tools they have, public opinion and non-violence. They are fighting for a better future for themselves. They are fighting for the millions that cannot join them at Zuccotti Park, a few blocks away from Wall St and the Financial Center of the world. They are protesting for the policemen and women that stand guard to protect them, and subdue the democratic energy of the people and the words Freedom, Justice, Responsibility and Opportunity for ALL.

The middle class, working class and the Occupiers, do not want to take away, by majority rule, what other people have. They want a level field of responsibility, and an economy that provides the opportunities, so they can work to obtain whatever position of wealth they desire.

Most importantly they want to maintain that piece of pie, they have obtained through hard work, and not see it reduced or eliminated by circumstances beyond their control every 8 to 10 years.

They want guiding policies put in effect that increase the chance that a person will succeed. They do not want to a repeat of the mortgage crisis that led to the financial crisis. They do not want credit obligations that were given to people who were obviously  going to fail at paying the money back.  They want credit terms that will strength the economy, and that they will succeed at.

For every person failing on their credit obligations, the economy and the financial sector get weaker. The more people that
succeed in life; the liabilities of the government decreases and therefore fewer taxes are needed for social programs.

The credit games we play, during the inflation cycle, and economic bubbles, and the leveraging of debt to increase paper profits, decreases the productivity of our economy. The excessive creation of paper profits that Wall St., Big Banks, and investors do only creates more and more money.

The government doesn’t create inflation. 

We create our own inflation when we walk through the bank’s door and ask for credit. We multiply the money created by the government 10 times. During the primary housing bubble years, we were multiplying money up to 40 times through the fractional banking system. This is how you create a primary home price bubble or any economic bubble. By people creating an excessive amount debt. Debt represents money in our economy.

Wall St was selling all the debt that was being created to investors around the world. The Big Banks and Wall St played our government, investors around the world, and American families for suckers. Now they are hiding behind the curtain of the law. They are saying’ “We didn’t do anything illegal.” Sure it was not illegal. They lobbied Congress and former Presidents to change the law.

What they did was immoral. Making them richer and us poorer. And guess what! They want to do it again by changing the laws back to the way they were before the financial melt down occurred.

Without sufficient supply, the creation of all this debt (money), creates rising prices (inflation), which creates more poverty,
and increases government liabilities.

Rising collateral prices means that the banks can create more money (debt) based on higher collateral prices.

Our economy has been misguided for decades. That is why there is such a large wealth gap between the classes. It is not capitalism per-say. The problem with our economy, and world’s economy is the guidance policies, and the misconception that the rich people want to create jobs.

The people with money want to protect, and increase their wealth through “paper profit investments” and hedging in the commodities market. It is people that are hungry to fulfill their dreams that increase employment, and create new businesses that create new jobs.

Businesses, consumers and entrepreneur may need financing to buy a home, expand or start a new business. They need something of value, the banks or investors will accept as collateral to guarantee and obtain a loan. It is important that the collateral value remain stable. Housing, buildings, and land value is the collateral for most loans. It must not increase too quickly or fall in value too much to be good collateral, and a driver for economic expansion.

During the housing bubble the price of the collateral was increasing too much each year that is why the economy collapsed and we had the financial crisis, and the start of the Great Recession in 2008.

We are the government. We can change the policies that create economic bubbles and the devastating cycles high inflation and deep recessions, as explained on my web sites.

We are all in this plane together. If it goes down there may not be enough survivors to rebuild what we as a nation of free people have created.

It cost less to keep Humpty Dumpty on the wall, than to pay all the kings men to stand him back up and put him back up on the wall again.
Do you remember the top income tax rate being 90% and World War II? The preceding all occurred after a financial crisis similar to the one that occurred September 2008.
We are not out of the woods yet, we must strengthen the middle and working class’s financial condition, so our economy can have the stable values it needs to grow again, to increase the standard of living of all our citizens.
There can be no greater reward than to bend down and give your brother or sister a hand up.

There are two articles I would like everyone to take the time to read, if you are rich or poor or somewhere in between.

“Alternative Mortgage Terms, Private Sector Solution For Job Creation and Economic Recovery”, which outlines what guiding policies need to be corrected to properly guide the economy and a plan to restart the economy, and create jobs. It is located at 

http://www.foreclosurecrisissolved.wordpress.com The other article I believe you should read is

“Six Days Under A Tarp-Occupy Wall St.- Zuccotti Park” is posted at
http://www.recoverygovforthepeople.wordpress.com 

At the end of each article there is a desperate plea for help.

I have posted three Petitions at the White House’s petition site; two of the Petitions pertain to the People’s Economic Recovery
Plan, and the creation of jobs in the private sector. The other Petition pertains to the Pledge Of Allegiance. Just click on the links to view, and sign the Petitions.

The country needs these Petitions to go viral, on the web. My goal is to obtain 1 million signatures by Oct. 25, 2011 to garner enough support for the Plan, that the President and Congress will wake up to the needs of the people, and pay attention to the
common sense voice of the people, and quit their bickering.

You can view and sign the Petitions at these sites: www.wh.gov/gt2  www.wh.gov/2bc  www.wh.gov/2ft

The Plan, if applied correctly will not cost the taxpayers a dime, and will not lower or raise taxes, but it will increase productive growth in our economy, and make it more efficient in eliminating poverty instead of creating it.

It will take your participation. determined effort, and a united strong quite voice, but we as nation of free people can change our, and our children’s future !!! Change will only come with your active participation, cemented with written petition and peaceful demonstration.
 
My contact information is Leonard C. Tekaat economic scholar.
firstoccupier1981@yahoo.com Ph. 661-619-4858

P. S.  If you support the ideas that I have expressed in this article and you support Occupy Wall St., Please, Please take the time to sign the Petitions.

This article is not copyrighted so you can e-mail, or twitte the location of this article to all your followers, and the people you are following. Ask them to RT the location of the article. Send it to your friends and contacts. E-mail it to newspapers, and other people. TV stations and other news sources. It will soon be posted at: www.recoveryforthepeople.wordpress.com 

Don’t forget to send it to The Wall St. Journal and our own Occupy Wall St. Journal. This is very important!

Please send it to members of Congress and President Obama.

I agree with Senator Isakson, and his fellow US Senators that have a robust economic recovery we must improve the primary home market. The problem is that we can do a better job than what is being proposed. See our Plan, and then check theirs out.

The primary home market is interconnected with everything else. You do not need to buy a refrigerator or a bed if you do not have a home or house to put them in. Primary homes are what everything is built around in a community. Large population areas hold our nation together by attracting small and big business to set up shop to provide the people with products and services. A home is protection from the weather and security for the family. A robust primary home market creates households and puts people back to work.

The Great Recession started in 2008, over three years ago. Keynesian deficit spending economic stimulus policies have failed to bring about a strong recovery. Not much has changed for the millions of people that are unemployed or have lost their homes to foreclosure. I believe that most of us will agree, that the primary home market is a drag on the economy. I believe we agree that  Main St. must improve before the overall economy will fully recover.

Thank you, Leonard

We wrote the People’s Plan in Oct of 2008, in rebuttal to the use of Keynesian Economic Policies that were going to be used to stimulate the economy with an enormous amount of deficit spending. We wrote it also because we disagree to how the TARP money was given or used to bailout the financial sector.  We felt that the 780 billion dollar stimulus bill will entomb our posterity in a mountain of debt.

I believe, that most of us will agree, that the primary home market is a drag on the economy.  Don’t you agree that the financial condition of the middle and working class people must be improved before any more roads or bridges are repaired?  You do agree that Main St. economy must improve before the overall economy will fully recover and unemployment will decrease.