Percentage As You Earn (%AYE)

Finance and Finansurance of Human Investments (HI)

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Brock d'Avignon, Ecometrician
  
Our presider, Brock d’Avignon, pioneered free-market van transportation for the blind, handicapped, elderly, and injured in 1973, plus several inventions and the “as-the-crow-flies” econometrics to make it attractive for local businesses to underwrite to increase their number of customers.

Until then, 90% of all handicapped people were called “shut-ins”. Today, you never hear the word, but you do hear para-transit and dial-a ride to sponsoring grocery stores and medical centers with both taxi and bus functions. Those shut-ins now earn incomes outside their house. PRIDE Industries gets contracts with electronics and other assembly companies to train handicapped people in various work that they can continue to do with their van transport and van’s usefulness to income-earners to buy items. That’s the point of Health Portal and Human Investments with a profitable return-on-investment to tool-providers that is often more than just investing in tools, buildings, vans, and entrepreneurs. A compassionate capitalist community can result from pride in home ownership, self-sufficiency accommodating health physical issues while solving medical and psychological issues of working people.

The overwhelming majority of problems confronting half of low-income, homeless Americans are self-medicating with drugs and alcohol. For most of these families on the streets, and 17-million living in vehicles -- the origin of their condition was the mortgage fraud which made them homeless. The steps taken to steal the homes of Americans were seemingly unlimited. 

Foreclosures took place using fixed-payment mortgages in what is called “conventional finance.” Since 24% of such long-term major loans are routinely defaulted due to the standard practices of the banking industry this is not unexpected. 

The ‘reforms or accommodations’ proposed by both the industry and government include packing at least 8 people into Section 8 government guaranteed housing so there are enough incomes in it to pay a fixed amount every month. This questionable solution to the problem originating with fixed rate loans crowds some neighborhoods.

The Banking Industry automated the process of foreclosure with robo-signing, MERS, or stringing modifications out to get government subsidies, or just making money off stealing the equity of people while accepting 80-cent “dollars” from the Federal Reserve to re-loan out, to make up their 19% default losses as was done by Citibank, and Bank of America in 2008 when throwing hundreds of thousands of people out of their homes because they could keeping their “Special Investment Vehicles” of rigid fixed payments mortgages in flexible stock packaging. “Crazy,” as Warren Buffet wrote to Ms. Tavicola who thought these installment-based derivatives up.

After enough people howled to politicians, and TARP was added to FHA, VA subsidies and tax deductions, Sallie Mae and Freddie Mac going bankrupt, and inflationary Quantitative Easing, people with $750,000 mortgages and all others resulted in 92% of all house mortgages being sold to the government. No one has bothered to calculate the cost of the Bank manipulations to American Taxpayers, who are paying several times over for actions which to any rational person appear to be criminal in intent. The US government now owns $558-trillion of them listing them as assets in black instead of debt in red. Compare http://www.usdebtclock.org/ and http://www.usdebtclock.org/1980.html to see their absence, and average Americans had $60,651 assets private and public per person, and $7,789 in personal debt an 8:1 ratio; while today an American has $407,476 in assets, $56,551 in personal debt appears to have a similar 7:1 ratio until you notice another $888,093 in liabilities per taxpayer, actually 0.4:1 ratio underwater in red ink. Yes, politicians, taxes, currency manipulation/easing, and installment payment defaults have done this to each of us.  

In 2016, the Federal Reserve Note (FRN), when subtracting these debts is worth 1.5-cents. Our enemies and allies have created the Asian Infrastructure Investment Bank (AIIB) in May last year to create an alternative reserve currency that is backed at 70-cents and rising with gold, coal, uranium and the economies of our former allies. Only Japan and the Republic of China stayed with the US sponsored Asian Economic Bank and the FRN. The dollar is only valid for backing anything after the 2017 G-20 meeting inside the USA, and is an illusion backing anything overseas. There are only two personal things we have left of value in this badly architected house of cards: One, is being able to mortgage and pay back our each of our futures in a way where equity contracts cannot be broken by a few installment defaults, nor distorted by what happens to the money supply, and that is a percentage-of-income PAYEment system.  

The Second thing that was decided by world leaders was that clean air, water, and soil are valuable real assets as determined by both President Trump in withdrawing from the Paris Climate Accords, and by 100 nations that already recognized their environmental assets or lack of taking care of their own areas is the fault of their own culture. We can change ours.

Links to how %AYE works to build prosperity and stability  below