Dr. Farid Khavari, former Independent candidate for Florida governor, is taking his economic plan to the county level. It will benefit a county, especially Miami-Dade county, in the same way it will benefit the state if it was adopted statewide.
The voters in Miami-Dade county are lucky to have Khavari, the man with the economic plan, that can help cut costs for government and the citizens.
Early voting kicks off in the special election to pick a new Miami-Dade County mayor. Voters can start casting their ballots Monday. The election is scheduled for Tuesday, May 24.
Miami-Dade Gets a Chance to Be The Strongest Economy in The Country!
By John Bengston
The United States is deep down in a recession, bordering on a depression, Florida is one of the states being hit hardest and Miami Dade is the hardest hit county in Florida. Needless to say, the folks of Miami Dade are having a tough time.
Recently, voters in the county recalled their mayor after he had increased their property taxes and gave 75% to his upper staff as raises. The big question is now what?
One candidate has stepped forward and said that because of his background in economics he can make this county the prosperous economic beacon for the rest of the country to follow.
It turns out that he is not crazy, but in fact has a multiplex economic recovery plan to accomplish this task of miracle proportion and as sweet icing on the cake, he says he will also eliminate property taxes.
I must say I was very intrigued, as I am sure you are too. I will attempt to simplify and share the highlights of this plan in a small amount of space.
One major theme is to reduce costs, which makes sense, but it turns out he was referring to the cost of most everything and doing so without reducing profits. By looking into the make up of pricing for a product or service, the outgoing expenses of a household, the leading recurring costs that can be reduced are Property Taxes, Financial Interest and Energy. Dr. Khavari refers to these as PIE costs. (Property taxes, Interest and Energy.)
When you purchase a product or service PIE costs have been added to the price at every stage. Reduce or remove these costs from products & services and the cost of living is reduced. It is simple logic so far.
Whether you are paying on a home or paying rent, these PIE costs are a large portion on your outgoing expenses.
To accomplish this on a large scale such as a county of 2.4 million people, we must have a financing apparatus setup such as a publicly-owned county bank to be the financial engine. This is a closed loop banking system where the profits are re-circulated within the community and belong to the residents of the county.
Credit would be readily available for mortgages at 2%, cars at 3% and Energy conversion loans at 2%. It is obvious that money would be saved on interest payments.
Next the energy conversion loans allow equipment such as solar and wind to be installed on homes and businesses, whereas the payment would be less than the current energy costs and in a few years the equipment will be paid for and energy will be free. The same will apply to government buildings, transportation, hospitals etc….
The manufacturing, sales, installations and servicing of these systems will create jobs in every trade and profession.
And finally a portion of the profits will replace property taxes as the funding for local government.
Extra bonuses include the residents being untied from future increased energy costs, future increases in property taxes, dependence on foreign oil, environmentally cleaner, remove the risk of man made or natural disasters from such as BP in the Gulf or Nuclear plants in Japan or from having a whole city without power for an extended amount of time.
And of course over 150,000 new good paying private sector jobs that allow commerce, which creates more jobs etc…
There are many more initiatives to Dr Khavari’s plan and they are based on similar prosperity promoting concepts. This article brings you to the water’s edge, but for a big gulp of what could be the new beginning – visit www.KhavariForMayor.com.
Farid Khavari, Ph.D., is an economist who has written nine books and numerous articles dealing with economics, environment, crude oil, energy, raw materials, banking and financial issues, healthcare, outsourcing, insourcing, cost and social cost. Dr. Khavari is a candidate for Miami-Dade County Mayor.