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    <div class="moz-cite-prefix">OCCUPY-sympathizers WANTED for cash
      hoarding action strategy discussion:<br>
      <br>
      <a class="moz-txt-link-freetext" href="http://www.whywalkabout.com/2012/08/give-us-our-money-back.html">http://www.whywalkabout.com/2012/08/give-us-our-money-back.html</a><br>
      <br>
      <div class="post hentry" itemtype="http://schema.org/BlogPosting"
        itemscope="itemscope"><a name="1234995699209579056"></a>
        <h3 class="post-title entry-title" itemprop="name">“GIVE US OUR
          MONEY BACK!” </h3>
        <div class="post-header">
        </div>
        <div class="post-body entry-content"
          id="post-body-1234995699209579056" itemprop="articleBody">
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              center"><a style="CLEAR: right; FLOAT: right;
                MARGIN-BOTTOM: 1em; MARGIN-LEFT: 1em"
href="http://1.bp.blogspot.com/-ZKYWSwM1Zk0/UCHo-9aBWkI/AAAAAAAABmo/6ITo4Z-Povw/s1600/occupytheeconmy.jpg"
                imageanchor="1"><img title="Occupy the Economy"
                  alt="Occupy the Economy"
                  src="cid:part2.08080003.08090102@compuserve.com"
                  closure_uid_fgrjzw="2" border="0"></a></div>
            <h2 style="TEXT-ALIGN: left">Regional Economists and other
              fiscal experts gather to strategize on how to get
              corporations to:</h2>
            <br>
            <h3 style="TEXT-ALIGN: left">“GIVE US OUR MONEY BACK!”<br>
              Thursday 7:00-9:00 pm, at the Democracy Center, 45 Mount
              Auburn Street, Cambridge</h3>
            <h4 style="TEXT-ALIGN: left">That’s what a group of
              economists think stockholders should be saying. And they
              don’t mean just large stockholders. Over 50% of stock is
              held by “regular people”, like nurses and teachers and
              vets and union workers.</h4>
            <a name="more"></a><br>
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                  alt="stop corporate greed logo"
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            <b>“CASH HOARDS ARE STRANGLING THE ECONOMY!” OUR economy!</b><br>
            <br>
            Just over $2 trillion dollars (some half of the amount of
            total US government annual spending) of “regular people’s
            money, is being “hoarded” by corporations. This practice of
            “CASH HOARDING” is strangling the US economy, our local
            economists are telling us.<br>
            <br>
            Large corporations are locked into a paradoxical situation.
            They cannot invest this money, because due to the state of
            the market they cannot be sure of a return on their
            investment; and if they all invest it, the flames of
            inflation will destroy the value of our wealth.<br>
            <br>
            We get that.<br>
            <br>
            But now it’s time for a new approach.<br>
            <br>
            Advanced, independent economists are organizing and
            discussing what we can do. Carmine Gorga and Peter Bearse
            and other fiscal experts are gathering to discuss how to
            FREE UP THE CASH HOARDS.<br>
            <br>
            The proposal would mean putting $3,500 (pre-tax) in the
            hands of each "regular person" shareholder... this is NOT
            the rich people who would get 75% of the cash hoards. But
            the 25% of the shareholders...the "regular people" would get
            $3,500 each.<br>
            <br>
            <h4 style="TEXT-ALIGN: left"><span style="FONT-SIZE: large">Come!
                Thursday night! 7-9, Democracy Center, 45 Mount Auburn
                Street, Cambridge</span></h4>
            <br>
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      <br>
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    <blockquote cite="mid:50213396.2090601@compuserve.com" type="cite">
      <br>
      -------- Original Message --------
      <br>
      Subject:     Final announcement -- with a few last changes
      <br>
      Date:     Tue, 7 Aug 2012 08:43:17 -0400
      <br>
      From:     Carmine Gorga <a class="moz-txt-link-rfc2396E" href="mailto:cgorga@jhu.edu"><cgorga@jhu.edu></a>
      <br>
      To:     Terra Friedrichs <a class="moz-txt-link-rfc2396E" href="mailto:TerraF@compuserve.com"><TerraF@compuserve.com></a>
      <br>
      CC:     <br>
      <br>
      <br>
      <br>
      A group of people, who are gathering for a discussion about
      “CORPORATE CASH
      <br>
      HOARDING”, on Thursday night, would like Occupy supporters to
      attend,
      <br>
      discuss, and offer perspective… the discussion will be centered on
      Carmine
      <br>
      Gorga’s proposal to free up corporate cash hoards:
      <a class="moz-txt-link-freetext" href="http://interoccupy.net/**">http://interoccupy.net/**</a>
      <br>
newswire/investing-cash-**hoarded-by-large-corporations/<a class="moz-txt-link-rfc2396E" href="http://interoccupy.net/newswire/investing-cash-hoarded-by-large-corporations/"><http://interoccupy.net/newswire/investing-cash-hoarded-by-large-corporations/></a>
      <br>
      **. The discussion will be led by himself and Peter Bearse,
      <br>
      Libertarian-leaning international economist who proposes “radical
      bank
      <br>
      reform”:
      <a class="moz-txt-link-freetext" href="http://granitegrok.com/blog/**2010/04/on_financial_sector_**">http://granitegrok.com/blog/**2010/04/on_financial_sector_**</a>
      <br>
reform_and_regulatio<a class="moz-txt-link-rfc2396E" href="http://granitegrok.com/blog/2010/04/on_financial_sector_reform_and_regulatio"><http://granitegrok.com/blog/2010/04/on_financial_sector_reform_and_regulatio></a>
      <br>
      and
      <br>
      other strategies, including “giving back cash hoards” to “regular
      people”.
      <br>
      Their proposal would put over $2 trillion back in the hands of
      “regular
      <br>
      people”.
      <br>
      <br>
      Details below.
      <br>
      <br>
      ***
      <br>
      <br>
      7:00-9:00 pm, at the Democracy Center, 45 Mount Auburn Street,
      Cambridge
      <br>
      <br>
      Regional Economists and other fiscal experts gather to strategize
      on how to
      <br>
      get corporations to:
      <br>
      <br>
      “GIVE US OUR MONEY BACK!”
      <br>
      <br>
      That’s what a group of economists think stockholders should be
      saying. And
      <br>
      they don’t mean just large stockholders. Over 50% of stock is held
      by
      <br>
      “regular people”, like nurses and teachers and vets and union
      workers.
      <br>
      <br>
      “CASH HOARDS ARE STRANGLING THE ECONOMY!” OUR economy!
      <br>
      <br>
      Just over $2 trillion dollars (some half of the amount of total US
      <br>
      government annual spending) of “regular people’s money, is being
      “hoarded”
      <br>
      by corporations. This practice of “CASH HOARDING” is strangling
      the US
      <br>
      economy, our local economists are telling us.
      <br>
      <br>
      Large corporations are locked into a paradoxical situation. They
      cannot
      <br>
      invest this money, because due to the state of the market they
      cannot be
      <br>
      sure of a return on their investment; and if they all invest it,
      the flames
      <br>
      of inflation will destroy the value of our wealth.
      <br>
      <br>
      We get that.
      <br>
      <br>
      But now it’s time for a new approach.
      <br>
      <br>
      Advanced, independent economists are organizing and discussing
      what we can
      <br>
      do. Carmine Gorga and Peter Bearse and other fiscal experts are
      gathering
      <br>
      to discuss how to FREE UP THE CASH HOARDS.
      <br>
      <br>
      The proposal would mean putting $3,500 (pre-tax) in the hands of
      each
      <br>
      "regular person" shareholder... this is NOT the rich people who
      would get
      <br>
      75% of the cash hoards. But the 25% of the shareholders...the
      "regular
      <br>
      people" would get $3,500 each.
      <br>
      <br>
      Come! Thursday night! 7-9, Democracy Center, 45 Mount Auburn
      Street,
      <br>
      Cambridge
      <br>
      <br>
      ***
      <br>
      DETAILED BACKGROUND
      <br>
      <br>
      The discussion will revolve around concepts described in one of
      Carmine's
      <br>
      papers, published at
      <a class="moz-txt-link-freetext" href="http://interoccupy.net/**newswire/investing-cash-**">http://interoccupy.net/**newswire/investing-cash-**</a>
      <br>
hoarded-by-large-corporations/<a class="moz-txt-link-rfc2396E" href="http://interoccupy.net/newswire/investing-cash-hoarded-by-large-corporations/"><http://interoccupy.net/newswire/investing-cash-hoarded-by-large-corporations/></a>
      <br>
      Carmine
      <br>
      suggests that these corporations distribute a good portion of that
      cash to
      <br>
      their stockholders and bondholders, whose diffused expenditures
      will skirt
      <br>
      the dangers of inflation. The paper includes two recommendations
      for people
      <br>
      who will receive very large disbursements: 1. invest in your
      community as
      <br>
      individual investors; 2. become joint investors with others
      through Local
      <br>
      Interdependence Funds
      <br>
(<a class="moz-txt-link-freetext" href="http://www.somist.org/id30.**htm">http://www.somist.org/id30.**htm</a><a class="moz-txt-link-rfc2396E" href="http://www.somist.org/id30.htm"><http://www.somist.org/id30.htm></a>
      <br>
       and <a class="moz-txt-link-freetext" href="http://www.somist.org/id33.htm**">http://www.somist.org/id33.htm**</a>).
      <br>
      <br>
      Carmine, a former Fullbright Scholar, while he welcomes new
      clients, now
      <br>
      engages most of his time in independent analysis. He has been
      publishing
      <br>
      works around the transformation of economics from a “linear” to a
      <br>
      “relational model”. See his numerous publications in economic
      theory and
      <br>
      policy at his blog
      <br>
<a class="moz-txt-link-freetext" href="http://www.a-new-economic-**atlas.com">http://www.a-new-economic-**atlas.com</a><a class="moz-txt-link-rfc2396E" href="http://www.a-new-economic-atlas.com/"><http://www.a-new-economic-atlas.com/></a>.
      <br>
      For larger cultural issues, see his other blog
      <br>
      <a class="moz-txt-link-freetext" href="http://www.modern-moral-meditations.blogspot.com/">http://www.modern-moral-meditations.blogspot.com/</a>. Gorga was born
      in
      <br>
      Southern Italy in 1935. He experienced at an early age the effects
      of the
      <br>
      Great Depression and then WW II. It was only natural that he would
      devote
      <br>
      his life to trying to understand the ebb and flow of economics as
      well as
      <br>
      the causes of war, which he believes are interrelated.
      <br>
      <br>
      <br>
    </blockquote>
    <br>
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