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|BookTitle:||Scenario Three: Solving America's National Debt, S||ISBN-13:||9781457524325|
|CategoryBH:||Business/Economics||Author:||By Ramnarine, Terence Rajendra|
|DescriptionBH:||873Nationally known personal finance expert, Terry||PublicationDate:||18-Feb-14|
|Let's raise capital for the purpose of eliminating the national debt. Eighteen trillion dollars divided by twenty-five per each preferred share equals 720 billion shares. It will be bought and sold to US-born investors and American companies. The US Treasury will pay back any national foreign obligation owed. At least a one-for-one-thousand reverse split will be conducted, raising values upward of $25,000 per share, lowering outstanding shares to 720 million shares. Debt solved. Terms and timing of one or more reverse splits will be disclosed in the red herring and final prospectus given to each shareholder. These splits will be completed at the US Treasury's discretion with further shareholder approval required. Why pay interest on foreign debt when American companies can benefit from quarterly dividend payments on privatized debt? Huge upsides await investment companies. 720,000,000 shares x $25,000 per share ---- $18,000,000,000,000 360,000,000 shares x $50,000 per share ---- $18,000,000,000,000 180,000,000 shares x $100,000 per share ---- $18,000,000,000,000 As corporations make gains, they can acquire remaining shares or merge. Preferred shares will be convertible, ncumulative, and ncallable for five years. They shall carry 4-6 percent interest into 2024. These shares are backed by the full faith and credit of the US government, giving them an AA rating from Fitch, Moody's, and Standard & Poor's. This is a gold mine (Keystone Pipeline) of tax breaks for corporations. These ntransferable preferred shares will be retired in 2024 in exchange for a government land lease in a binding contract lasting fifty years. Ecomically feasible exploration and development of oil, gas, and solar with clean fuel profits shall be split between companies and the US government, helping to reduce US dependency on foreign energy sources. This can act as an ecomic stimulus. Of course land lease filing must be executed with a detailed, comprehensive plan of action approved by the US Department of the Interior Bureau of Land Management. Environmental protection is mandatory, as state safety rules must apply for communities. When one considers inflation in fifty years, this deal is cost effective. Stockholders want successful corporations. Political infighting by both parties over austerity measures will be avoided, national debts paid, social entitlements a nissue, jobs will be created, and furthermore, the title of our book fulfilled. I have other math formulas for each American owing an average debt of $60,000 (300 million people times $60,000 equals $18 trillion) and suggestions on new improved tax brackets, as well as interest-free mortgages to stimulate America's ecomy.|
|Author(s)||Katherine Renee Ramnarine, Terence Rajendra Ramnarine|
|Publisher||Dog Ear Publishing|
|Date of Publication||18/02/2014|
|Format||Paperback / softback|
|Subject||Management & Business: General|
|Country of Publication||United States|
|Imprint||Dog Ear Publishing|
|Content Note||black & white illustrations|
|Format Details||Trade paperback (US),Unsewn / adhesive bound|
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