Own or be Owned ... Every Citizen an Owner!
This is the first attempt to set up a way to use this site to organize our communications team. "Ownership Now!".
Hopefully this "group" feature will be the way to go. The platform we are using is called Ning, so if you have any ideas about features we need or if you want to know how to do something, you can Google for Ning help, tips etc.
Latest Activity: Jan 16, 2013
To have one task advancing Capital Homesteading each week that all members participate in. Usually, the task will be posting on a certain Facebook page. Right now, we are calling this the "Weekly…Continue
Started by Dave Hamill. Last reply by Dave Hamill Sep 30, 2012.
Post any ideas here.Instant ActionHot TopicImmediate NeedOWN Swarm StrikeJustice HitOWN Team AlertContinue
Started by Dave Hamill. Last reply by Dave Hamill Sep 20, 2012.
Ownership Now. Pass the Capital Homestead Act.
OK. I'm learning and we went from ON to OWN!
The OWN Team
It is axiomatic that those who suffer most from ill-designed economic institutions have the least power to effect change, whereas those having the power are little inclined to correct, or even to question , a system which favors them. All the more credit is therefore due those who do not allow their own personal success to blind them to institutional defects which deny equality of economic opportunity to the majority of their fellow men. Their neighbor, their brothers, their sisters and the citizens of a land they love.
— Louis O. Kelso 1967
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The OWN Team
We should be glad and not sorry when a fundamentally wrong notion of which we have been secretly conscious for a long time finally gains a footing in the American Conscience and is proclaimed both loudly and openly. The falseness of it will soon be felt and eventually proclaimed equally loudly and openly. It is as if the painful stain of cancer has been removed. And then we can get on with civilization itself.
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We know the Banksters and the Wall Street Casino gang are not at all interested in providing capital to us. We know that the securities market using the NASDAQ pink sheets will seldom work. We know that the "professionals" and the security regulators have made raising equity very costly and requires a large amount of "up front" fees for lawyers, accountants and all the "consultants" and finders, brokers and trustees. So what can we do?
We can DIY -- do it ourselves. For instance the Commissioner of Corporations in California will allow up to $300 for a California resident to join a membership organization without having to obtain a securities permit. If we get an "intrastate" permit, there are exemptions from complying with SEC permit requirements.
There are models (which are permitted) which we can follow which make good sense. For instance, if one were to form an L3C company (low-profit, limited liability company) and obtain an IRS letter, we can apply to private foundations for grants, equity investments and loans.
Our focus should be funding start-ups and grow-up businesses which are small and want to become mid-sized (or stay small). If we do not focus on funding, then all the hot air will do nothing toward capital homesteading and we might as well go home, flip on the TV and absorb more mindless trivia. Send me your comments or post them here.