Topic: Dividend

Greg Carlwood reflects on the interview and discusses a news item regarding President Trump's "Warrior Dividend," a $1,776 payment to military service members. He notes the symbolic significance of the year 1776, which saw the founding of the Illuminati and the persistence of the Jesuits in Russia and Prussia despite their official suppression. Carlwood questions whether these symbolic tributes refer to the American founding or to the clandestine activities of secret societies during that era.

Greg Carlwood recaps a Plus-exclusive discussion with David Icke regarding Democratic presidential candidates and Andrew Yang's "Freedom Dividend." While acknowledging concerns about government control, Carlwood argues for the potential benefits of Universal Basic Income in the face of coming automation and financial instability.

A "national dividend" is proposed to address the shortage of money in the productive economy caused by wealth flowing into speculative markets and offshore tax havens. This dividend would ideally be used to pay down existing debts, which would extinguish the money and prevent consumer price inflation. Proponents argue that new money creation should be directed toward individuals to stimulate productivity rather than being limited to bank-issued interest-bearing loans.

The concept of a debt jubilee, historically practiced in ancient Samaria and Babylon, is suggested as a way to reset the financial system when debt becomes overwhelming. While presidential candidate Andrew Yang proposes a "Freedom Dividend" funded by taxes on tech companies, some argue this doesn't solve the underlying debt problem. The discussion compares Yang's proposal to the Alaska Permanent Fund, suggesting citizens should receive dividends from the data used by big tech.

Andrew Yang's candidacy is highlighted for its focus on automation and the economic threat posed by Silicon Valley's dominance. While some critics dismiss his policies as technocratic paternalism, others appreciate his focus on tangible metrics and "no-brainer" proposals like banning robocalls. The discussion explores the necessity of upgrading the economic system before a crisis occurs, rather than waiting for mass displacement by AI and robotics.

Since 1982, Alaska has operated a partial basic income system by distributing annual dividends from the state's oil revenue to every resident. The Alaska Permanent Fund, valued at approximately $50 billion, converts a non-renewable resource into a renewable cash stream for citizens, resulting in some of the lowest poverty and inequality rates in the United States. Residents report higher levels of well-being and social connection compared to other states.