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imperialism & war

Time + Energy = Wealth. What's Your Share?

"I sincerely believe... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
- Thomas Jefferson
Time + Energy = Wealth. What's Your Share?

 http://treasurynet.net
 http://egroups.com/group/Time-Energy-Accounting
 http://egroups.com/group/jpchance

"I sincerely believe... that banking establishments
are more dangerous than standing armies, and that the
principle of spending money to be paid by posterity,
under the name of funding, is but swindling futurity
on a large scale."
- Thomas Jefferson

The function of the Time-Energy Accounting (TEA)
system, 100% backed by HUMAN TIME and RENEWABLE
ENERGY, is to:

1. Administer a lawful citizens' currency.

2. Strengthen the liberties and responsibilities of
individual citizens and local communities.

3. Minimize the centralization of power.

4. Balance competition and cooperation in the
marketplace.

5. Minimize public and private bureaucracy.

6. Maximize efficient and equitable utilization of
natural resources.

7. Eliminate the need for personal income tax.

8. Minimize the need for any taxation.

9. Minimize corporate-government racketeering.

10. Stabilize the money supply and price level.

11. Restore full-reserve banking.

12. Remove the primary cause of economic inflation,
deflation, recessions, depressions, warfare and waste
of resources.

13. Enhance life, liberty, tranquility and democracy
for all.

*************

SIMPLICITY IS THE ULTIMATE SOPHISTICATION.

The Time-Energy Accounting (TEA) network issues:

1. Citizens dividends backed by human lifetime ($1 =
one hour = $730 per month) plus

2. Energy dividends backed by harvested renewable
energy ($1 = one kilowatt-hour).

Who can reasonably deny that our lifetime is our most
valuable asset?

Who can reasonably deny that benign renewable energy
is the foundation of a sustainable civilization?

Renewable energy investments produce real dividends in
the universal metric of kilowatt-hours (kWh) measured
by ordinary energy meters.

Human lifetime is itself a natural dividend in the
universal metric of hours measured by ordinary clocks
(unless you endorse slavery).

Producers of renewable energy are free to sell their
energy on a fair marketplace at competitive prices
(ie: below $0.10/kWh) to consumers.

Because the harvesting of renewable energy is rewarded
with TEA dollars, savings/investments are channeled to
productive and sustainable infrastructure rather than
paper money, precious metals, weapons, oil, uranium or
other "barren" (non-renewable) commodities.

TEA dollars are valid for four (4) years from the
month of issuance, then "self-redeem" or
"self-extinguish" like expiring coupons. This stable
monthly demurrage (deflation) rate of approximately
two percent (2.083%) encourages participants to invest
in productive infrastructure. The sooner participants
circulate or invest TEA dollars, the more value their
dollars have, since TEA dollars represent time-energy
value for only four years.

Participants are issued citizens dividends once they
are age sixteen (16) or over so that parents will not
be encouraged to over-populate for money. Citizens may
vote in treasury elections once they are sixteen or
over.

Nuclear power, new large-scale hydropower and
open-loop geothermal power are not benign, sustainable
or cost-effective. Windpower, solar-thermal,
solar-electric, organic biofuels, closed-loop
geothermal and micro-hydropower are sustainable and
cost-effective.

Among other things, renewable energy can desalinate
our oceans to produce abundant fresh water and
eliminating another cause of warfare and environmental
decay.

The issuing of TEA dollars is performed by elected
local treasurers and their staff. Confederated /
cooperative local treasuries co-audit each other on a
randomly selected basis every three months
(quarterly).

TEA dollars are lawful and negotiable currency. TEA
dollars are not so-called "legal tender" concocted by
"our" corporate government(s).

TEA dollars - paper or electronic - bear the following
information:

1. Time-energy value represented.
2. Serial number.
3. Month and year of issue.
4. Month and year of expiration.
5. County or municipality where issued.
6. State where issued.
7. Signature of the local treasurer.

TEA Certificates are inherently more valuable and more
difficult to counterfeit than Federal Reserve Notes,
European Central Bank Euros and other unbacked fiat
currencies. TEA Certificates are redesigned every four
years and bear both universal and local design
elements.

ENERGY = WEALTH. WHAT'S YOUR SHARE?

Energy is the most essential commodity for the
functioning of civilization. All of our lives depend
on energy. All forms of energy on Earth are derived
from the Sun.

Renewable energy (eg: micro-hydropower, organic
biofuels, solar-electric, solar-thermal, windpower) is
abundant and decentralized energy available from the
Sun's present energy flow.

Non-renewable energy (eg: fossil fuels, uranium) is
scarce and concentrated energy stored from the Sun's
past energy flow.

In less than one week, the Earth receives more solar
energy than all fossil-fuel and uranium reserves
combined.

Energy dollars - backed by benign renewable energy -
represent the most valuable commodity civilization
requires to survive and prosper.

Valuing one dollar ($1) per kilowatt-hour (kWh) of
harvested renewable energy provides the foundation for
a prosperous, peaceful, efficient and sustainable
economy.

LOCAL TREASURIES & DISTRICT REPRESENTATIVES

The TEA system's local treasuries maintain records of
their resident population and the renewable energy
harvesting within their locality and issue currency
proportionately.

To ensure that all the TEA system's local branches are
maintaining accurate records, all treasuries are
co-audited by other treasuries every quarter.

To ensure no conflict of interests are established
among local treasuries, the quarterly audits are
performed by the treasuries of other localities
selected each quarter on a random basis by elected
representatives.

The random selection of rotating local treasury
auditors is conducted by manually counted paper
ballots by the elected state, district, provincial and
territorial representatives.

State, district, provincial and territorial
representatives also assist local treasuries in
maintaining accurate and uniform records, and
maintaining consistent universal design elements of
TEA Certificates.

Local treasurers and district representatives are
elected every four years by manually counted paper
ballot.

No electronic or mechanical vote tabulation is
permitted. No bribery is permitted either.

Counterfeiting of TEA dollars - paper or electronic -
is enforced by local treasuries in coordination with
all state, district, provincial and territorial
representatives and law-enforcement officers.

Indicted counterfeiters are tried by jurors in courts
selected by the elected representatives.

The sentence of a first-time convicted counterfeiter
is the ten-year suspension of all such convict's
citizens dividends and energy dividends.

The sentence of a second-time convicted counterfeiter
is the lifelong suspension of all such convict's
citizens dividends and energy dividends.

The sentence of a third-time convicted counterfeiter
is the lifelong exile to an uninhabited iceberg in the
Arctic Zone.

"Those who govern, having much business on their
hands, do not generally like to take the trouble of
considering and carrying into execution new projects.
The best public measures are therefore seldom adopted
from previous wisdom, but forced by the occasion."
- Ben Franklin

TIME + ENERGY = WEALTH. WHAT'S YOUR SHARE?

 Time-Energy-Accounting@egroups.com
 jpchance@egroups.com
 USA-CEA@egroups.com

 http://treasurynet.org
 http://egroups.com/group/Time-Energy-Accounting
 http://egroups.com/group/jpchance
 http://maine.indymedia.org
 http://futurenet.org/2Money/Yes2TOC.html
 http://egroups.com/group/jpchance/links/Treasury_000993420879

*************

 http://egroups.com/group/jpchance
 http://egroups.com/group/Time-Energy-Accounting
 http://egroups.com/group/USA-CEA
 http://bfi.org/operating_manual.htm
 http://serendipity.magnet.ch
 http://treasurynet.org
 http://antiwar.com

homepage: homepage: http://egroups.com/group/jpchance
phone: phone: 617-859-8155
address: address: 72 Peterborough Street, Boston MA 02215 USA