Compound Capitalism: Slaying the Dragon of Debt

Imagine awakening this morning to discover that an evolutionary capitalist benefactor had eliminated your $62,000+ share of the national debt! Imagine more shock from learning the entire debt would be paid in 20 years!! How? Before you can blink an eye you discover that your whole life is better, children's lives even better and grandchildren's lives fantastically better!!! Before you even gulp to catch your breath you now learn that every American citizen has now become a shareholding capitalist. How? You are reminded that all of us have just one life. You are duly cautioned that our heirs will measure their legacy by choices we make today. Does your now fully awakened inner voice begin calling out — "Make lives better than you found them!"

Take a deep breath — long enough to remind yourself that any savings, whether from cutting waste, reducing the societal cost of cancer, heart disease, diabetes, energy costs, drug use, or other human problem, is a savings; often huge. There are almost always cost-differential benefits between current problem costs and when the problem is partly or fully solved. Cost-differentials make the big difference. Even partial solutions save billions. Where is our opportunity to save those billions now in hiding?

The late Mancur Olson, Jr. called hidden savings Big Bills Left on the Sidewalk. What if the hiding places of US savings opportunities totaling as much as $2 trillion dollars annually were revealed to you? What if benefits were free, gained through cost-differential savings; not new or larger taxation? What if we could have a better outlook, a better income, a better job, a better future, all earned capitalistically and shared as such? That idea became this book: Compound Capitalism: Slaying the Dragon of Debt, with dollars gained through cost-differential savings — and that:

• Creates asset values so all US citizens are "skin-in-the-game shareholders" in future prosperity.
• Gives all future citizens $600,000 + in heritable wealth at retirement. ($1,200,000+ per couple)
• Gives all future citizens $300,000 + in retirement healthcare security accounts. ($600,000+ per couple)
• Guarantees all present citizens their expected Social Security and Medicare benefits.
• Gives all present and future citizens a wide range of free educational opportunities — academic, vocational and on-the-job.
• Greatly improves immigration policies so that these citizen benefits are not illegally received.
• Increases every citizen's pay annually by 12+% after ending the need for payroll taxes.
• Increases the opportunities for innovation, creation, patents and medical treatments and cures starting tomorrow to treat all negative 'pre-existing conditions,' not just those of health.
• Improves the future human capital mental outlooks of every citizen, poorer peer group members, inner-city residents, minorities and single-parent households.
• Eliminates the $20+ trillion dollar US National Debt in the next 20 years.

Walton Cook is the author of the political bio-thriller, "Buzzword," published in 2001, three months before 9/11. (An attack, according to the 9/11 Commission, largely funded by illicit drug revenues.) "Buzzword" is the world's first book on the bio-control of narcotics producing plants and their revenues, specifically the coca shrub and the opium poppy. He also wrote "Birthright of Freedom," with David Wigfield, CPA. Mr. Cook is a thirty-year writer/producer of film and video. He has won both national and international awards, including the Cine Golden Eagle. These films include "Race Against Time", with noted author Tom Peters; "Amusement Park," a film on problems of aging, directed by the late and revered George Romero; "Challenge of Manufacturing," on manufacturing careers for SME; "Come Work With Us," on hiring the handicapped, and major network TV sports documentaries: "The Steel Curtain" (Pittsburgh Steelers Front Four) "Thank God, I'm a Country Boy" (Terry Bradshaw) and "I'm Back: The Rocky Bleier Story." He is a graduate of Penn State University, majoring in political science. He writes today on national security, financial and political issues.