Concord Resolution

<BODY BGCOLOR="#000000" TEXT="#F7F7FF" LINK="#FFFFFF" ALINK="#000400" VLINK="#FFFFFF"> <div> <FONT SIZE="5" COLOR="#CC3300" FACE="Arial" ><B>WELCOME TO A CONCORDIAN WORLD</B></FONT><FONT SIZE="1" COLOR="#FFCC99" FACE="Arial" >   </FONT> |   <A HREF="index.htm" TARGET="_top" TITLE="WELCOME TO A CONCORDIAN WORLD"><U><B>home</B></U></A></div> <div> <A HREF="id17.htm" TARGET="_top" TITLE="A Mutual Assurance Fund "><U>A Mutual Assurance Fund </U></A>   |   <A HREF="id23.htm" TARGET="_top" TITLE="A Plan of Financial Interdependence"><U>A  Plan of Financial Interdependence</U></A>   |   <A HREF="id18.htm" TARGET="_top" TITLE="Economic Interdependence"><U>Economic Interdependence</U></A>   |   <A HREF="id19.htm" TARGET="_top" TITLE="Economic Rights and Responsibilities"><U>Economic Rights and Responsibilities</U></A>   |   <B>Concord Resolution</B>   |   <A HREF="id42.htm" TARGET="_top" TITLE="BottomUp Monetary Policy"><U>Bottom-Up Monetary Policy</U></A>   |   <A HREF="id21.htm" TARGET="_top" TITLE="Functional Integration"><U>Functional  Integration</U></A>   |   <A HREF="id22.htm" TARGET="_top" TITLE="Urban Restoration"><U>Urban Restoration</U></A>   |   <A HREF="id20.htm" TARGET="_top" TITLE="SWAT TEAMS for Peace and Justice"><U>SWAT TEAMS for Peace and Justice</U></A>   |   <A HREF="id43.htm" TARGET="_top" TITLE="Toward a Common Prayer"><U>Toward a Common Prayer</U></A>   |   <A HREF="id44.htm" TARGET="_top" TITLE="Downtown Restoration Committee"><U>Downtown Restoration Committee</U></A>   |   <A HREF="id34.htm" TARGET="_top" TITLE="Events"><U>Events</U></A>   |   <A HREF="id39.htm" TARGET="_top" TITLE="EP, CE"><U>EP, CE</U></A></div> <div> <IMG SRC="04558020.png" border=0 width="600" height="2" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> Concord Resolution</div> <bR> <div> The (Gloucester, Manchester, Your Yami, My Yami </div> <div> whatever)</div> <bR> <div> Concord Resolution</div> <bR> <bR> <bR> <div> <U>Art. #                              Subject                    Page #</U></div> <bR> <div> ???                    Public Money for Public Projects             ???</div> <bR> <bR> <bR> <bR> <div> To determine whether the Town (City, State, Nation) will borrow </div> <div> <I>public money </I></div> <div> to fund duly authorized <I>public works </I>projects. </div> <bR> <div> The Treasurer is authorized, with the approval of the Board of Selectmen </div> <div> (or other appropriate body) </div> <div> to borrow public money</div> <div> by accessing national credit,</div> <div> rather than the private bond market.</div> <bR> <div> Loans are thus obtained at cost, rather than at exorbitant interest charges.</div> <bR> <div> The Federal Reserve System will thus use national credit to create money as an asset.</div> <bR> <div> The loan will preferably be repaid from proceeds of increased taxes on land and natural resources (while correspondingly reducing taxes on improvements and other assets). </div> <bR> <bR> <div> <I>For theoretical background, please see: </I></div> <bR> <bR> <div> <FONT SIZE="3" COLOR="#FFFFFF" FACE="Arial" ><I>       </I></FONT> Gorga, C. "Concordian Economics: Tools to Return Relevance to Economics," <I>Forum on Social Economics</I> (May 2008).</div> <bR> <div>          Gorga, C. <I>The Economic Process: An Instantaneous Non-Newtonian Picture</I>, <FONT SIZE="2" COLOR="#000000" FACE="Arial" > </FONT>Lanham, Md. and Oxford: University Press of America, 2002.</div> <bR> <DIV ALIGN="LEFT"></DIV> <div> Gorga, C. "The Productivity Standard: A True Golden Standard” (with Norman G. Kurland),<I> in </I>Dawn M. Kurland (ed.), <I>Every Worker an Owner:</I> <I>A Revolutionary Free Enterprise Challenge to Marxism,</I> Washington, D.C.: Center for Economic and Social Justice, 1987, pp. 83-86.</div> <bR> <bR> <bR> <div> <I>For much pertinent--and some impertinent--additional information, please see:</I></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <A HREF="http://www.concordresolution.org" TARGET="_top" TITLE="http://www.concordresolution.org"><U><U>www.concordresolution.org</U></U></A></div> <div> <A HREF="http://www.monetary.org" TARGET="_top" TITLE="http://www.monetary.org"><U><U>www.monetary.org</U></U></A></div> <div> <A HREF="http://www.webofdebt.com/articles/minnesota-bank-proposal.php" TARGET="_top" TITLE="http://www.webofdebt.com/articles/minnes"><U><U>www.webofdebt.com/articles/minnesota-bank-proposal.php</U></U></A></div> <div> <U>http://www.prosperityuk.com/prosperity/prosperity.html</U></div> <bR> <div> <I>See also:</I></div> <div> <A HREF="http://www.youtube.com/watch?v=iYZM58dulPE&feature=related" TARGET="_top" TITLE="http://www.youtube.com/watch?v=iYZM58dul"><U><U>money site:youtube.com</U></U></A></div> <div> <A HREF="http://www.youtube.com/watch?v=vVkFb26u9g8" TARGET="_top" TITLE="http://www.youtube.com/watch?v=vVkFb26u9"><U><B><U>Money</U></B></U></A><A HREF="http://www.youtube.com/watch?v=vVkFb26u9g8" TARGET="_top" TITLE="http://www.youtube.com/watch?v=vVkFb26u9"><U><U> As Debt (1 of 5)</U></U></A><FONT SIZE="2" COLOR="#FFFFFF" FACE="Arial" >     </FONT></div> <bR> <bR> <div>                                                                                           June 9, 2008</div> <bR> <div> <B>The Federal Reserve System will thus use national credit to create money as an asset.</B></div> <bR> <div> <B>The loan will preferably be repaid from proceeds of increased taxes on land and natural resources (while correspondingly reducing taxes on improvements and other assets).</B></div> <bR> </BODY>