Federal Open Market Committee (FOMC) sets policy for the Federal Reserve.

Data to Monitor Once A Month \\ 50 Plus Year Average \\ Acceptable Range

  1. Consumer Price Index YOY (CPY) Avg 3.8% Range 3%-5%
  2. Case Shiller Home Price Index YOY (HPY) Avg 5.29% Range 3.5%-7%
  3. Unemployment Rate (UR) Avg 5.73% Range 4.5%-7%

Tools Available

  1. Raise/lower Federal Funds Rate if CPY is too high/too low
  2. Raise/lower Federal Mortgage Rates if HPY is too high/too low
  3. Raise/lower Quantitative Easing if UR is too low/too high
  4. Auction Off Troubled Financial Institutions

Financial Institution Tests

  1. Uninsured deposits / domestic deposits < 50%
  2. Loans and held-to-maturity securities / total deposits  < 50%
  3. Financial Institutions that fail both tests for two consecutive quarters are auctioned off.

RESULT: No peer pressure, no human error, no recessions!

FOMCGPT(tm) To The Rescue!

A ChatGPT bot (FOMCGPT) has been designed to generate Federal Reserve policy once a month incorporating the algorithm above using easily modifiable configuration files. It is being tested using Federal Reserve FRED data from April 2021 to April 2023.

What Would $4 Billion in Election Money Buy?

We just saw the most expensive midterm election in our nation’s history.



Did you get any robocalls? Are you sick of them?

The effect of  U.S. Supreme Court rulings like Citizens United resulted in a midterm election that cost almost $4 BILLION.  And much of it was DARK MONEY.

$4 BILLION could pay for one year of the entire budget of the state of Delaware.

$4 billion could buy 1 billion meals for the homeless.

Or pay for the entire annual Renewable Energy Loans Program.

Now the American people are taking a stand.

The fifth anniversary of the U.S. Supreme Court ruling that enabled that corruption is right around the corner — and people are gearing up to make this one of the last anniversaries before Citizens United is overturned.

Activists nationwide are renewing the fight to make their state the next to call for a constitutional amendment to overturn Citizens United.

Across the country, voters are outraged that a few billionaires continue to try to buy our democracy often hiding their identity.

Go to Money Out / Voters In

And help pave the way to restoring real democracy.

Retirement Plan That Mutual Funds Do Not Want You To See

Social Security is a blessing in disguise.  It is the one thing that Congress does not dare cut.  It is the one benefit millions of Americans count on for retirement. It is a hole in one.


Many people could retire if they withdrew their pensions and 401Ks early and delayed getting Social Security until they are 71.  That is what Mutual Fund Companies don’t want you to know.  That is because Social Security payments can increase 8% a year if you wait.  And withdrawing from 401Ks reduces Mutual Fund Company profits.

But do not take my word on this great secret.  Here is an article from the former President of Boeing Aerospace that agrees with delaying the collection of Social Security benefits until the age of 71.

Here is another one from a USAToday Personal Finance Journalist recommending you use your 401K before Social Security.

Free Ultimate Retirement Spreadsheet

An easy to use spreadsheet has been developed that can help you calculate your future retirement.  Just fill in a few boxes and your future income, taxes and net worth are automatically calculated.


If you want to change the start and stop dates, just change the values in a few boxes.  Adjust the values all you want and as many times as you want until the ultimate retirement is right before your eyes.

This valuable yet free spreadsheet even takes into consideration the 50% tax if you earn more than the maximum income Social Security allows. No other calculator does this for you!

How To Get This Powerful Free Tool

Simply fill in the following form and this Ultimate Retirement Spreadsheet will be sent to you.  We will NOT sell your email address and we will NOT flood you with stupid offers.

So do not waste another minute.  You could enjoy retirement sooner than you think.


Results may vary and are not guaranteed due to changes in inflation and tax laws.

Summary of Obama’s 2013 50th Anniversary Speech

Here is the complete summary of Obama’s speech marking the 50th anniversary of the March on Washington in 37 sentences.


In 1963, 200 years after the Constitution was written and 100 years after emancipation declared, that promise, those truths remained unmet.

People by the thousands from every corner of our country marched.

Dr. King’s oratory gave hope to millions.

In the face of hatred, marchers fought for freedom via discipline and persistence.

As a result, Civil Rights and Voting Rights laws were passed.

But the work of this nation is not complete.

Marchers were seeking jobs as well as justice.

For what does it profit a man, Dr. King would ask, to sit at an integrated lunch counter if he can’t afford the meal?

King’s dream is every American’s dream.

But unemployment remains twice as high for blacks and Latinos.

The gap of wealth between races has grown.

There is a shadow of poverty hanging over our youth.

The measure of progress is whether all hard-working people, regardless of race, can join the ranks of the middle-class.

This remains our great unfinished business.

Technology and global competition have not helped.

Our policies have suffered due entrenched interests that failed to give a fair deal.

We were told that greed was good and compassion ineffective.

That inequality was the price of a growing economy.

Elected officials blamed the government for economic woes.

Legitimate grievances evolved to criminal behavior.

Thus progress stalled, hope was diverted and we remained divided.

We now have a choice between the status quo or making change.

We are masters of our fate.

We need to work together and regain empathy.

Courage comes from our interracial experiences.

We need to turn towards one another and find we do not walk alone.

We can stand together for good jobs, good health care and good education.

The road will be long and we will stumble. That’s how a movement happens.

The marchers back then were young and fearless.

They dared to dream different and to imagine something better.

The urgency remains.  The flame remains.

Tireless teachers, successful businessmen, mothers, fathers, and veterans are marching.

Change does not come from Washington but to Washington.

When you take on the mantle of citizenship, you are marching.

People who love their country can change it.

When millions of Americans join together in brotherhood, we live up to the true meaning of our creed as one nation under God, indivisible, with liberty and justice for all.

A Spring In My Step

In Memory of Martin Luther King Jr

an excerpt from “The Assassination of Political Robocalls

Reverend Jessie Lewis

Washington DC April 20, 2012

I am happy to be here today because I am here to tell you I have a spring in my step. Yes there is a spring in my step. Not an ordinary spring in my step. No. This is not like the spring in a young man’s step when he hits his first home run. Nor is it like the spring in the step of a young woman when she receives her college diploma.

I am talking about the spring in my step for freedom. Yes, freedom.

When a pebble is tossed into a pond, the ripples reverberate to every corner of the pond. Just like the ripples in the pond, people everywhere in every corner of the world have heard the news of the Arab Spring. People are raising their voices for freedom. And they are being heard.

That news has put a spring in my step.

The freedom I am talking about is democracy; a democracy where government is for the people and by the people. That is what America’s founders envisioned for us. Not a government for a dictator or for the corporations. Thomas Jefferson warned “I believe that banking institutions are more dangerous to our liberties than standing armies.” The courts have ruled that money is the same as free speech. But many people disagree.

Ever since the Arab Spring, I and others have had a spring in our step.

The bible teaches us “For what does it profit a man to gain the whole world, and forfeit his soul?” Lately too few people have gained a majority of the world’s wealth. These same people have been only thinking of themselves. They have lost their souls. Meanwhile the poor have gotten poorer.

But I have a spring in my step.

People have overthrown treacherous dictators in faraway lands. Occupy Wall Street protestors have raised their voices against greed and excess money for campaigns right here in our country. People are marching in their state capitols demanding a constitutional convention.

That is why I have a spring in my step.

Let there be a spring in the step of those from Seattle to Miami.

Let there be a spring in the step of those from Bismark, North Dakota to Brownsville, Texas.

And especially let there be a spring in the step of those in state capitols and Washington DC.

I have a spring in my step. I hope you do too.

Advance Your Agenda

I came across this picture I had saved a while back.advance your agenda

This photo screams “Move on.  Do not stand still.  You will be a sitting duck aka target.”

It also says “Do something with your life. Learn something. Grow.”

Maybe it would sink in better if I woke up facing this picture every day.

Summary of Obama’s 2013 State of the Union Address

First, the winner of the evening: pastel ties.


Now the goals. [Responsibility Key: C-Congress A-Administration S-States E-Everybody]

  • Put the nation’s interests before party. (C)
  • Cut deficit by $1.5 trillion. (C)
  • Embrace the need for modest reforms (to) our retirement programs. (C)
  • Enact Medicare reforms proposed by the bipartisan Simpson-Bowles commission. (C)
  • Reduce taxpayer subsidies to prescription drug companies. (C)
  • Ask more from the wealthiest seniors. (C)
  • Base medical bills on the quality of care that our seniors receive. (C)
  • Get rid of tax loopholes and deductions for the well-off and well-connected. (C)
  • Pass a budget that replaces reckless cuts with smart savings and wise investments in our future. (C)
  • Ask ourselves three questions as a nation every day: (E)
    • How do we attract more jobs to our shores?
    • How do we equip our people with the skills needed to do those jobs?
    • And how do we make sure that hard work leads to a decent living?
  • Pass the rest of the American Jobs Act to create more than one million new jobs. (C)
  • Create a smarter government that sets priorities and invests in broad-based growth. (C)
  • Make America a magnet for new jobs and manufacturing. (E )
  • Launch of three more manufacturing hubs, state-of-the art labs (A)
    • Where new workers are mastering new technologies
    • Where businesses will partner with the Departments of Defense and Energy and
    • Where regions turn into global centers of high-tech jobs.
  • Create a network of fifteen of these hubs and guarantee that the next revolution in manufacturing is Made in America. (C)
  • Reach a level of research and development not seen since the height of the Space Race. (C)
  • Pursue a bipartisan, market-based solution to climate change. (C)
  • Generate even more Wind energy. (E)
  • Drive costs down even further for Solar energy. (E)
  • Keep cutting red tape and speeding up new oil and gas permits. (A)
  • Encourage research and technology that helps natural gas burn even cleaner and protects our air and water. (C)
  • Use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. (C)
  • Free our families and businesses from the painful spikes in gas prices we’ve put up with for far too long. (C)
  • Cut in half the energy wasted by our homes and businesses over the next twenty years. (C)
  • Give federal support to states with the best ideas to create jobs and lower energy bills by constructing more efficient buildings. (C)
  • Upgrade our infrastructure, so they’ll bring even more jobs. (C)
  • Start a “Fix-It-First” program to put people to work as soon as possible on our most urgent (infrastructure) repairs. (C)
  • Create a Partnership to Rebuild America that attracts private capital to upgrade what our businesses need most: (C)
    • Modern ports to move our goods;
    • Modern pipelines to withstand a storm; and
    • Modern schools worthy of our children.
  • Pass a bill that would give every responsible homeowner in America the chance to save $3,000 a year by refinancing at today’s rates. (C)
  • Streamline the home buying process, and help our economy grow. (A)
  • Equip our citizens with the skills and training to fill those jobs. (E)
  • Work with states to make high-quality preschool available to every child in America. (A)
  • Give every American student opportunities like graduating their high school with the equivalent of a technical degree from one of our community colleges. (S)
  • Reward schools that (C)
    • Develop new partnerships with colleges and employers, and
    • Create classes that focus on science, technology, engineering, and math.
  • Change the Higher Education Act, so that affordability and value are included in determining which colleges receive certain types of federal aid. (C)
  • Release a new “College Scorecard” that parents and students can use to compare schools based on the most bang for your educational buck. (A)
  • Put more boots on the southern border. (A)
  • Establish a responsible pathway to earned citizenship. (C)
  • Fix the legal immigration system (C) to
    • Cut waiting periods,
    • Reduce bureaucracy, and
    • Attract the highly skilled entrepreneurs and engineers.
  • Send me a comprehensive immigration reform bill in the next few months. (C)
  • Pass the Violence Against Women Act. (C)
  • Declare that women should earn a living equal to their efforts, and pass the Paycheck Fairness Act this year. (C)
  • Raise the federal minimum wage to $9.00 an hour. (C)
  • Tie the minimum wage to the cost of living. (C)
  • Offer incentives to companies that hire Americans who’ve got what it takes to fill that job opening, but have been out of work so long that no one will give them a chance. (C)
  • Put people back to work rebuilding vacant homes in run-down neighborhoods. (C)
  • Partner with 20 of the hardest-hit towns in America to get these communities back on their feet. (A)
  • Work with local leaders to target resources at public safety, education, and housing. (A)
  • Give new tax credits to businesses that hire and invest. (C)
  • Work to strengthen families (C) by
    • Removing the financial deterrents to marriage for low-income couples, and
    • Doing more to encourage fatherhood.
  • Bring another 34,000 American troops come home from Afghanistan. (A)
  • Negotiate an agreement with the Afghan government that focuses on two missions (C) :
    • Training and equipping Afghan forces and
    • Supporting counterterrorism efforts.
  • Help countries like Yemen, Libya, and Somalia provide for their own security (C).
  • Help allies who take the fight to terrorists, as we have in Mali. (C)
  • Take direct action against those terrorists who pose the gravest threat to Americans. (C)
  • Forge a durable legal and policy framework to guide our counterterrorism operations. (A)
  • Ensure that our targeting, detention, and prosecution of terrorists remains consistent with our laws and system of checks and balances. (A)
  • Ensure that our efforts are even more transparent to the American people and to the world. (A)
  • Lead the effort to prevent the spread of the world’s most dangerous weapons. (C)
  • Stand by our allies, strengthen our own missile defense, and lead the world in taking firm action in response to these (North Korean) threats. (C)
  • Do what is necessary to prevent them (Iran) from getting a nuclear weapon. (C)
  • Engage Russia to seek further reductions in our nuclear arsenals. (A)
  • Lead the global effort to secure nuclear materials that could fall into the wrong hands. (A)
  • Face the rapidly growing threat from cyber-attacks. (A)
  • Strengthen our cyber defenses (A) by
    • Increasing information sharing, and
    • Developing standards to protect our national security, our jobs, and our privacy.
  • Give our government a greater capacity to secure our networks and deter attacks. (C)
  • Complete negotiations on a Trans-Pacific Partnership. (A)
  • Launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union. (A)
  • Join with our allies to eradicate such extreme poverty in the next two decades (A):
    • By connecting more people to the global economy and empowering women;
    • By giving our young and brightest minds new opportunities to serve and helping communities to feed, power, and educate themselves;
    • By saving the world’s children from preventable deaths; and
    • By realizing the promise of an AIDS-free generation.
  • Remain the anchor of strong alliances (A)
    • From the Americas to Africa;
    • From Europe to Asia
    • In the Middle East.
  • Stand with citizens as they demand their universal rights, and support stable transitions to democracy. (A)
  • Do not dictate the course of change in countries like Egypt. (A)
  • Insist on respect for the fundamental rights of all people. (A)
  • Keep the pressure on a Syrian regime that has murdered its own people. (A)
  • Support opposition leaders that respect the rights of every Syrian. (A)
  • Stand steadfast with Israel in pursuit of security and a lasting peace. (C)
  • Do whatever we must to protect those who serve their country abroad. (C)
  • Maintain the best military in the world. (C)
  • Invest in new capabilities, even as we reduce waste and wartime spending. (C)
  • Ensure equal treatment for all service members, and equal benefits for their families – gay and straight. (C)
  • Draw upon the courage and skills of our sisters and daughters. (E)
  • Give our veterans the benefits, education, and job opportunities they have earned. (C)
  • Do our part to make sure our God-given rights are protected here at home. (C)
  • Announce a non-partisan commission to improve the voting experience in America. (A)
  • Protect our most precious resource: our children. (E)
  • Reduce gun violence (C) by
    • Adding background checks
    • Sign tough new laws to prevent anyone from buying guns for resale to criminals.
    • Get weapons of war and massive ammunition magazines off our streets.
  • Make what difference we can, to secure this nation, expand opportunity, and uphold our ideals through the hard, often frustrating, but absolutely necessary work of self-government. (C)
  • Look out for our fellow Americans the same way they look out for one another, every single day, usually without fanfare, all across this country. (E)

Whew!  We have some work to do.

Occupy This – Stop Robocalls


The other day I gave an impromptu speech at my Toastmasters club.  I started out by asking how many people knew about Citizen’s United.  One hand was raised.

Then I asked how many people knew about robocalls.  Nearly every hand was raised.

That summarizes how limited the marketing campaign is for reversing Citizen’s United and approving a 28th Constitutional Amendment to do so.  People just don’t have the time to understand the ramifications of the Supreme Court ruling in the Citizen’s United case.

We have a better chance of passing a 28th Amendment and make change if we concentrate on something most people hate.  Yes you got it – robocalls.

Henceforth, we need to call the 28th Constitutional Amendment the Political Robocall Amendment.


I learned the other day that England actually allows their political campaigns to last only one month.  What a concept.  But I am setting my sites on larger fish than a one month time limit.

I am targeting the Super PACs, and the out of control campaign spending by the rich .003 percent of the population, and the enormous amounts of political television ads and of course the ginormous numbers of robocalls by politicians. I have had enough and I am not going to take it any more.

There are plenty of people and cities that feel the same way.  There are hundreds of websites supporting a 28th Constitutional Amendment.  I agree with them because it is the only way to reverse Citizen’s United. But there are at least 20 proposed versions.   Most concentrate on the following two issues:

1. corporations are not people or citizens

2. money is not free speech.

We need to get down to one version.  The version appears to have the most support.  It is rather simple as most approved amendments tend to be.  But I have several concerns.

One concern is the need to define citizens as individuals and restrict ONLY corporations.  Instead we need to restrict ALL groups of people, whether they are corporations, for-profits, non-profits, unions etc.  If we restrict one group, money will flow to others.

Another concern is saying money is not free speech.  This is like trying to train your dog to not poop on the carpet by trying to train it to not poop at all.  In other words, we will have more success if we limit campaign spending to individuals and a certain amount rather than trying to eliminate money as free speech.

Likewise, I hate to say it, but we will never get rid of all robocalls, but we can limit them.


Here is my attempt at an amendment which indirectly eliminates Super PACs and greatly reduces robocalls.

1. Each citizen is a person as defined in the Constitution with human rights and these rights are not granted to artificial groups of people.

2. Campaign contributions shall be allowed only by citizens and the amount per citizen per election shall be determined by Congress.

Here is a book about this very subject.

Also please support to greatly reduce robocalls.


Having been involved with Toastmaster International for over four years, my speaking abilities have constantly improved.  My speeches have included humorous ones as well as inspirational ones and have been presented in many contests.  I have sponsored a new club and mentored several new members.  This is an opportunity to pass along what was learned and showcase speeches by me as well as others.