End poverty forever

Sunday, May 28, 2006

Join the campaign to end poverty forever

We are launching a new campaign to make poverty history. We need to lobby government and the media to implement a plan to build housing for the poor of the developing nations (the Third World). The idea is to use money gained from a tax on foreign exchange transactions to invest in building houses in the Third World. Initially people would rent these houses for subsidised rent but as the economies grow in the developing countries they would gain higher incomes and therefore be able to buy the house they rent. Over time there would be increases in house prices in those countries and therefore people who were initally poor would become rich. They would demand goods from rich nations which would give more jobs for people like you and me in a rich nation. The poor nations would also have more money to invest in new kinds of production, education and healthcare making the need for aid irrelevant. The source of most economic growth in the last two centuries has come from asset price inflation and we feel that the reason why poor countries are poor is because they do not have assets. Billions of poor people would have a nice home to live in and be well off.


To join our campaign, write a letter to a newspaper, MP, aid agency, The World Bank, Gordon Brown. Anyone. Tell your friends and perhaps get people to sign a petition that you send to all of the above people.


Set up a website, blog or whatever. Get the word out and make poverty history.


We will be posting more information on www.boutiquebrighton.info


Send your comments to highflite1977@hotmail.com

The new idea on how to end poverty

The idea I came up with to end poverty is very simple. Build houses that you give to the poor in developing countries (the Third World). As the houses go up in value the poor become rich. How do you fund this? By putting a 0.5% tax on foreign currency transactions. This would raise £1.25 trillion (thousand billion) per year world wide. This could build many houses per year with good infrastructure as well. The poor in the developing countries could be employed to build the houses so much of this money would be pumped into those economies. This money would circulate round their society creating new jobs and investment, jump starting their economies. The house prices would go up because of this.

Join our campaign to end poverty with new ideas. See our website, www.boutiquebrighton.info or email me at highflite1977@hotmail.com if you would like to get involved.