On February 20, 2013, Kathleen Hennessey and Christi Parsons write in the Los Angeles Times:
President Obama on Tuesday pressuredRepublicans to prevent “meat cleaver” spending cuts from slashing crucial federal services, effectively starting the clock on the final scramble to stave off automatic reductions due to hit next week.
President Obama remains oblivious to the necessity to build an OWNERSHIP CULTURE whereby EVERY American earns an income through the private ownreship of FUTURE productive capital wealth. The top priority should be OWNERSHIP CREATION, which will result in JOB CREATION as the economy revs up for growth. A National Right To Capital Ownership Bill that restores the American dream should be advocated by President Obama and the progressive movement, which addresses the reality of Americans facing job opportunity deterioration and devaluation due to tectonic shifts in the technologies of production.
There is a solution, which will result in double-digit economic growth and simultaneously broaden private, individual ownership so that EVERY American’s income significantly grows, providing the means to support themselves and their families with an affluent lifestyle. The Just Third Way Master Plan for America’s future is published at http://foreconomicjustice.org/?p=5797.
Support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm