Adrian's Opinion Editorial
Why We Should All Support The RTDNOW Plan
RTDNOW PLAN to You
Adrian's Overnight All Citizen trickle UP new policies, Adrianomics, the opposite of what doesn't work for 300 million of us all, are introduced and discussed below, and together with the full RTDNOW PLAN, are complete and immediate solutions for all 300 million citizens, and small businesses, to save America from total structural collapse we are in (we just produce debt and no real income growth for most) from sloppily turning into a full blown 15 year Great Depression.
Adrian has a background of 40 years in financing small businesses, what makes up 50% of our $22 Trillion economy, the sector hardest hit in the Covid 2019 pandemic, and has been working on the RTDNOW PLAN solution since 2010: for roll out in 2025 to fix the crash anticipated in 2030 from the Autonomous Revolution, robotics, like Skynet, for Terminator fans, thats taking 50% of all our jobs.
But with the pandemic, 300 million citizens need a well thought through, complete 'new deal' solution that's fast, that is much more than just more than bailouts which digs our economic hole deeper, and can work overnight. So Adrian is introducing his independent non political all citizens plan to save America, and 300 million American Dreams, to 300 million citizens and the nation to review for implementation now.
THE RTDNOW PLAN: its a 'New Deal' and 'Citizens Marshall Plan' SOLUTION in one.
Simple New policies Build a NEW AMERICAN DREAM FOR ALL, SWIFTLY.
1 SIZE FITS ALL SOLUTION FOR:
300 Million CITIZENS, 30 Million SMALL BUSINESSES, 19,495 CITIES, and 50 STATES
The RTDNOW PLAN:
Restores Every Household's budget Overnight
Which saves America Overnight
It Restarts the Economy
Creates a Citizens Economy with 40 million new businesses 80 million new GOOD jobs
DOUBLES the minimum wage
Makes Housing Very Affordable for all ending poverty
And Adrian's RTDNOW Plan Mostly Pays for Itself
Adrian Calls RTDNOW "The Great Deal" because it is so much better and faster than President Roosevelt's new Deal in the 1930's our last great depression. Everyone's been waiting for RTDNOW, the 'New Deal' in our time. Grab it! Add your name.
DISCUSSION OF SPECIFIC NEW RTDNOW POLICIES
For a Significantly Improved American Dream fast
1. Households cost of living is cut in half permanently, which will end poverty and homelessness in America, as all get up to $1,000 month more in their pockets EVERY MONTH with 1% fixed non-profit home loans.
With cost of living decreased 50%, housing becomes affordable for all. How? Interest rates are zero, and we the people have about $9 Trillion in zero or near zero interest rate deposits. FYI, we the people are supposed to regulate the banking system, not the other way around, which has bankrupted us all and the nation.
We the people will set this new policy on a petition vote (300 million as 1, add your name at rtdnow.com) or the willing can all put their money in a non profit new RTDNOW Citizen Owned Bank and we can lend our own zero percent money to ourselves at 1% fixed. But that would collapse the banking system, so the reset to the national new maximum home loan rate of 1% fixed up to $400,000 for all Americans, is preferred. Amounts over $400,000 will be lent by the current system on a parri passu basis. This means the 2nd trust deed shares the collateral as if its one loan. Most Americans need $400,000 or less. This is economic equality in action.
Also, all home loans need a special Standstill provision, for new loans, and retroactive, for 100 year events like Covid. Up to 12 month rent and loan (home, auto, etc) and payment stop. That means it just doesn't get paid, and its ok. Its not owed by 1/2 of America without jobs who can never pay it. This is FAR less expensive than national bankruptcies and evictions, which are a major domino that causes a great depression. Duh.
A Standstill policy saves us from sliding into a Great Depression. It's like a time out. The clock just stops, to acknowledge what a 100 year pandemic event did to the economy. Really look at the history of home lending. And business lending for that matter. 1930's short 5 year loans, economic shock, equals great depression. Duh, that doesn't work. Not being able to pay for your life when the workforce just decreased by 30% and will be crap for 48 months IS THE SAME THING. So now we have 30 year home loans, but there's still no MAJOR shock absorber mechanism or system for all renters and home owners. That's what a Standstill provision is, and now you know why we need it, you need it. It's amazing really the home loan and small business lending system has no 'collarbone' or circuit breaker like a Standstill provision to stop the whole system from breaking and dying under a very large unforeseen shock. That's all a Standstill provision is to save us all from a great housing and business depression. Again, duh. I studied banking in college and this was evident to me then in 1980. So when I was put in to turn around the second most unprofitable bank in the nation days from failing, I manufactured one by hand when I turned around the bank overnight and everyone was very happy.
About Standstill Agreements: We use STANDSTILL AGREEMENTS in business lending all the time, for over 40 years. When I turned around the 2nd most unprofitable bank in the nation, I retroactively put the same type of thing in place, overnight, which kept everyone in business and enabled me to restructure all the loans in the bank to meet the new reality, so all businesses thrived. Nobody told me to do it. It wasn't in the banking classes I took in college. It just made sense, it's the missing pieces TO END THE SUFFERING FROM A 10 YEAR BOOM BUST CYCLE WE ARE IN. So when I was in charge of lending policy, I didn't foreclose on anyone, that's totally unnecessary. Standstill is the simple path forward right now for all renters, home owners, and building owners, to shelter in place. We need to make it an overnight national policy. I'm just taking a commercial business concept and applying it to all our home economics, national economics, overnight. And with a Standstill policy, you don't need a Multi Billion Dollar bailout of any lenders, It Saves Us Trillions. Lenders by the way, are supposed to be regulated by we the people. This is how good effective government for the people should operate. The affect of Covid on the economy is like a nuclear bomb going off, and should be treated as a once in a 100 year event it is. 300 million as 1, Demand Adrian's STANDSTILL Policy, and RTDNOW!
Under The full RTDNOW ALL CITIZENS PLAN, 50 MILLION Renters get ZERO down home loans, which when they buy, lowers their monthly cost of housing by 50%. That's how all citizens will end up with almost twice as much for their daily work in a new RTDNOW America we can bring into being demanding it 300 million as1: add your name and share!
Why SHOULD YOU? We don't have a choice. Rents are out of control for 20 years, many have DOUBLED while your wages stayed flat! THAT'S WHY WE CAN'T AFFORD TO LIVE IN AMERICA ANYMORE. THAT'S WHY 100 MILLION ARE IN POVERTY IN 2019 headed for 200 million in 2020. Rent has been unaffordable for most for a long time now. With 50% unemployed by August, there will be nationwide defaults and evictions threatened. Without RTDNOW policies we may have a whole nation of homeless.
Really? Well, only 69% of renters paid rent in April 2020 (it will get worse going forward), down from 82% last year. It equals 13% actual unemployment at 4/11/20: it will be 25% by July. Add in larger businesses like Boeing and GE about to layoff or furlough 10-20% of employees. This takes us to 40% unemployment by July. Add in 20% of all small businesses going bust, that's 50% unemployment. EXACTLY WHAT I FORECASTED IN ALL MY SONGS AND PODCASTS made over the last 3-5 years, AND WHAT RTDNOW WAS WRITTEN FOR. That's 60-80 MILLION Americans out of work. Whether they report it or not.
That's how our homelessness problem can grow from 30 million in December 2019, to 100 million by December 2020. That is why I am so vigorous in my writing here. Government can't sleep walk through this like they did the Covid response. All Americans need RTDNOW. 300 million as 1, please add your name and share!
2. Snap Food Stamp Program expanded to feed 150 million.
This will cover 40-50 million jobs losses over 18 months averaging 3-4 people per household, until the first 30-50 million RTDNOW jobs kick in. These 100 million to 150 million on food assistance should support RTDNOW. Please add your name. Over 30% of our food supply each year gets wasted. Government is starting to redirect this excess food supply to those in need. That needs to be ramped up and accelerated. And over 12-48 months (the length of this Covid collapse ordeal) as RTDNOW jobs are here, one by one, people come off this assistance.
3. 100% Unemployment Insurance for remainder of sheltering costs until real tested vaccines emerge.
This is for the true time period needed: the 6 month pandemic sheltering health crisis and 12 month restart. a Total of 18 months. In #4 below, we implement the RTDNOW plan creating 30 million RTDNOW new jobs 12 months so both #2 and #3 here don't become permanent, and phase back down goes to historical rates of 60% of wages to encourage all back to work as jobs are there. Again, this is part of a new system for MAJOR systemic shock absorption to avoid a great depression. It's only a crisis every time wasting $6 Trillion in more debt because nobody in government knows how to handle it and implement. When I turned around a bankrupt bank I problem identified day 1. I problem solved day 2, and implemented SOLUTIONS actively all day, day 3 and for the next 14 months for 12 hours a day. I didn't wait 90 days or two years staring at the wall. Every home in America is like a small business. Money in every month, money out. RTDNOW makes money in always much bigger than money out and has shock absorbers built in for when that gets disrupted. So this #3 is also temporary MAJOR shock absorber, and goes away as high wage jobs are created. Implementation. If your home cost is 50% less, and food is taken care of (see #2) then you would submit historical monthly bills, and the difference you need to get by while unemployed: not more, not less. And you are motivated for a new RTDNOW JOB or start a business.
4. Create 80 million new high wage jobs: 30 million year 1.
RTDNOW Policies Double your gross pay by doubling a new Fed minimum wage. Before Covid, 80 million jobs in America we're minimum wage. This doubles their salary. If you read the book 'The McDonaldization of America' you'll see that Corporate America wants to make MOST jobs in America...minimum wage. So without RTDNOW things will only get worse for at least 200 million Americans. We will grow from 50% in minimum wage jobs to 75%, and most will be poor in America.
How can RTDNOW policies make DOUBLING the minimum wage even possible? Read #5 next. We are all giving your bosses enough inexpensive money, an 80% reduction in their cost of financing, to easily afford it, thrive, and expand. Under RTDNOW, we all win. By July 2020 we will have 50 million unemployed or furloughed. These 50 million (and their dependents, say 100 million people in total) should support RTDNOW. Add your name and share!
5. The RTDNOW FULL Small Business Financing Plan:
Recovery, Expansion, and New Business Funding. It includes:
12 Month All Business Debt and Rent Standstill Provision.
1% Fixed Rate Reset On Existing Business Loans.
1% Fixed Loans: Expansion and New. 40 year amo.
Business taxation reformed to match revenues.
These Policies help Start 40 Million New Small Businesses over six years, (we put about 10% of the people in America in business) which will employ 80 million as they start, (which is 50% of the present workforce that will be lost to technology) and grow from there. All these jobs will be at Double the present minimum wage because the financing cost is 80% below market. America will put Americans in business, to set their own salaries, enjoy a 50% tax reduction as business owners, and thrive.
After two locations, the present banking system at 5% versus 1% kicks in. We will manufacture successful businesses that employ many here in America. Anyone receiving such a loan is required to mentor 3 people over 15 years, two of which can't be family. Then we finance those people. It is a self sustaining cycle of manufacturing competent entrepreneurs. WE all win paying it forward. I am sure 15 million people nationwide, about 5% of 300 million, would crawl over nails for this deal right away. Starting with 2 employees (Google, Apple, Wright Brothers, etc., etc.) 30 million jobs can be created in year 1 easily nationwide.
On as statewide level example, California. Its 12% of the national population. So in this example 5% of about 40 million people in California is about 2 million people who would start a new business. Let's say they hire 4 people each. That's 8 million new good jobs in one year. So if you have 17.7 million employed in 2019, and you lose 30% to unemployment due to Covid, or about 5 million jobs lost. So let's discount my rosy job forecast by 50% in year 1 to 4 million new jobs. Let's discount it by 75%, and say we only create 2 million new good jobs in year 1. And 2 million in year two. Anyway you cut it, starting right now, June 2020, to be in full swing in 12 months as we come fully out of Covid, we create full employment fast, with new RTDNOW jobs at double the minimum wage. Disaster(S) avoided. All are very happy.
And what else does this accomplish? Over time, 3-6 years, it creates enough jobs to replace the 50% we are losing to the Autonomous Revolution that Covid accelerated. In this example 50% of 17.7 million jobs, about 8 million will be lost, and new ones created over about 5-7 years. The RTDNOW Plan accounts for these job losses, making these new jobs, so California, or any other state, doesn't keep going in the tank as massive jobs losses occur over the next 5-7 years. So we are not just fixing the Covid economic crisis-problem at hand, we are fixing the next problem WE KNOW IS ON OUR DOORSTEP AND COMING FAST, proactively.
CREATING A NEW MIDDLE CLASS OVERNIGHT. AND WHAT ELSE DOES RTDNOW JOBS PROGRAMS DO? Rather than treating America like a 1930's giant public works project in 2020 like government is about to do, filling pot holes, and keeping all the money in America amassed at the top, this redistributes it all across America so we all benefit. And we somewhat effortlessly create a 40 million (25% of all workers) new citizen (40 million new small businesses over 6 years in the RTDNOW Plan) middle class to replace what was wiped out over the last 50 years by trickle down economics that don't work and killed the American economy. This is what good government looks like. You've just never seen it before in your lifetime.
Requirements for these 40 million new business 1% fixed loans will be experience, a business plan, references, and working with a supplied 'Business Coach' monthly. WE are not throwing money out the window here. I've written business plans for 20 years and distributed loans for 40 years. I've been the top lender with the lowest loss ratio everywhere I worked. How? I understand business and management and adapting. This part of THE RTDNOW PLAN is a massive GOOD JOBS FOR ALL PROGRAM that is VERY EFFICIENT, LOW COST, with NO CORRUPTION, that can be rolled out fast, and effective, with a low loss ratio, using an RTDNOW (free) effective business plan template. I developed it 10 years ago, so its' ready to go. It's not what you get off the shelf. The only difference between a failed business and a great one is management. The RTDNOW business plan template forces you to think and make wise decisions, not impulsive or seat of the pant. And it quickly updates monthly to address changing conditions. This is why I know the vast majority of these new businesses will be successful.
Those people who meet the requirements and are ready get funded asap. Those who need 3-6 months with a business coach to perfect their success formula (every business has one, those who don't understand it fail, the RTDNOW business planning template helps entrepreneurs define and manage it monthly) ease into it. WE all will succeed together.
And Cities and States all on the verge of bankruptcy now that live off sales tax and income taxes? Now you are at full employment fast, and people have twice as much money to spend. Every City and State thrives under the RTDNOW Plan. The longer 535 in Congress, 19,495 Mayors and 50 Governors wait, the bigger the hole (debt) you will have to dig out of. But like Lyndon Johnson said to Martin Luther King, "Martin, you have to make me pass Civil Rights Legislation." What that means is a LARGE amount of people have to demand RTDNOW to enable most of the Mayors and Governors to support and implement it. 300 million as 1, add your name at rtdnow.com. The missing element in America's collapses? All its citizens.
ABOUT SPECIFIC SMALL BUSINESS POLICIES
1% reset on all existing small business loans is another MAJOR shock absorber RTDNOW puts into 50% OF THE WHOLE ECONOMY OVERNIGHT, to keep 35% OF ALL SMALL BUSINESSES out of bankruptcy over 24-36 months. This prevents another domino that causes a great depression that we are all staring in the eyes. This is FAST and CHEAP: so much less costly than a banking collapse, and better for all.
Let me explain how this could work. Existing small business loan interest rates reduced: 1% for 60 months. Then lender enjoys not having to write off the whole loan and 30% of their portfolio which will go bad (see the last 'great' recession), which will collapse the banking industry again.
Let's discuss complicated, wasteful, inefficient steps the government just did trying to help, but just made it worse ADDING DEBT. The Payroll Protection Program (PPP) rolled out only covers 2.5 months of what will be an 18 month economic ordeal for small businesses, and will take 2 months to reach only 10% of 30 million small businesses. Using that math about 40% of small businesses, the weakest, will go bust fast. But why? Well, 70% of businesses are retail with rent. Payroll is only 25%-35% of the monthly budget. This means 60% of monthly expenses are not covered. If PPP is amended so loans can be used for these expenses and be forgiveable, it would only cover about 1 month; which is about 17 months short of the need. Put more simply, if 30% of Americans are out of work...the economy shrinks by 30%. This is not rocket science my people. If 75% of small businesses had NO savings when Covid began after 10 years, they just get by in a good economy, and if all 30 million small businesses are 50% of the $22 Trillion US economy, then 22 million small businesses (75%) representing $8 Trillion of the US annual economy, are holding their breath on the verge of bankruptcy. Say half of them fail in 24 months because of job losses and everyone not spending because they fear the future. That's a hard small business failure figure of 35-40% of small businesses, the weakest, taking $4-5 TRILLION out of the economy. IF WE DO NOT ENACT THE RTDNOW FULL SMALL BUSINESS FINANCING AND RELIEF PLAN the US economy will shrink by 25% and it will totally collapse all of America. Why am I so sure? I predicting the 2008 great recession in vivid detail, how it would affect all sectors of the economy. This time around people asked "If you know what's going to happen, why don't you make money on it?" My reply, "I'm an ordinary guy who doesn't like to see my neighbors and country suffer, and continue to fail every 10 years like clockwork. That's getting old. I don't feel good benefitting on other misery. I think we can all win with the right policies in place." 300 million as 1 add your name at rtdnow.com