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A 2011 Economic Recovery Plan for Nevada

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  • 8/8/2019 A 2011 Economic Recovery Plan for Nevada

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    Paul Lucero

    Continental Funding

    2010-11

    Copyrighted

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    What you will learn today!y You Live in the Richest State in the Union!

    yAn "out of the box model" for an Sustainable

    Economic Development funding source in Nevada.y We proposed to correct the problems by the

    Capitalization of(2) Two State Run Banks (charterremote)

    y How to Pump 5 to 7 billion USD annually into Nevada

    y Y= C + I + E +G

    Paul Lucero Continental Funding Company

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    7th Largest state but smallest useable land area in the Nation

    NEVADA

    Paul Lucero Continental Funding Company

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    Economic Discrimination

    Paul Lucero Continental Funding Company

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    Economic Discriminationy Nevadas 2.6 million citizens are victims of 147 years of

    Federal abuse ofPower = Economic Discrimination

    y

    Q4-10 Nevada Unemployment 14.3% and rising!!!y Nevada, and other states with weak housing markets, are struggling through

    ongoing increases in unemployment. The Labor Department reported Tuesdaythat in Las Vegas, the rate nudged up from 14.1% in October to 14.3% inNovember. Carson City's rate hit 13.1% from 12.6% and the Reno-Sparks area's rosenearly halfa point, to 13.2%.Associated Press - January 4, 2011 6:15 PM ET

    y The survey by the Associated General Contractors ofAmerica found that out of337 metro areas, Las Vegas ranked 334, while Reno ranked 336.

    y Q4-10 Nevada mortgages underwater 67.5%

    y Q4-10 Education system rated 51st in the nation

    Paul Lucero Continental Funding Company

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    Supreme Court Action Over Duey Nevadans are victims ofEconomic Discriminationy Under Nevada's 1864 enabling act conditions, the people of

    the territory had to "forever disclaim all right and titleto the unappropriated public lands lying within saidTerritory," and turn them over to the federal government.

    y But in 1845 the U.S. Supreme Court, in Pollard vs Hagan,

    a case dealing with the admission of

    Alabama to the Unionunder almost identical language, had held that suchconditions were inviolation of the U.S. Constitutionand therefore void.

    Paul Lucero Continental Funding Company

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    Solution - Class Action Lawsuit?y Demand redress for long term Negative effects of

    Economic Discrimination !!!Economic Discrimination !!!

    y

    Suef

    or return, and control of

    the greater portion of

    the86% of the land held by the Federal Government andassociated revenues.

    yy All Citizens of states of Nevada Versus the UnitedAll Citizens of states of Nevada Versus the UnitedStates GovernmentStates Government for willfully harming by

    Economic Discrimination 2.6 million people ofNevada and depriving this state ofthe same right andaccess to the land as other states in this union for over146 years. Look at the map again!!!Look at the map again!!!

    Paul Lucero Continental Funding Company

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    Causes of Actiony Effects ofwhich have destroyed the long term economic development

    ofthe states so named by intentionally:y Violation of these citizens fundamental rightsy Intentionally creating disparities (1864 enabling act conditions ) between

    localities and regionsy Depriving citizens ofEqual Protections

    y The legitimate governmentalobjective was/is absenty The Government history and formative actions are allsuspect

    classification

    y Limiting Housing Opportunitiesy

    Creating obstacles to the equalfulfillment o

    feconomic, social andcultural rights

    y Creating conditions which historically limited access to credity Fostering economic bias based on the Origin/location ofcitizens of the

    named states make such victims ofeconomic discriminationy Intentionally restricting access to wealth in the land to all

    Paul Lucero Continental Funding Company

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    Effects ofEconomic Discriminationy 147 years ofFederal Control of86% ofNevada

    y All Nevadans are victims ofEconomic Discrimination imposedby Forces outside the State ofNevada!!!y Fastest Decreases in annual wages and hours worked in the nationy Highest Unemployment in the nation

    y Highest Foreclosure rate in the west

    y Highest (%) ofmortgages under water in the nation

    y Highest bankruptcies rate in the nation

    y 51st rated school systemy 7th Largest State but smallest useable land area in the Nation

    y Nevadas natural resources are Our future and we must undo this147 year old wrongful action, perpetrated against all the people ofthis great state now!

    Paul Lucero Continental Funding Company

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    Mineral Wealthy Nevada must have:

    y Unfettered and without any Federal restriction access to themineral wealth within their states equal to other states in the

    Union.y Nevada must have fast track access to recover resources

    immediately as part ofredress for 147 years Federal illegalrestrictions.

    y The State demands the full right to assume control existing

    leases in negotiationy Nevada must have fast and immediate service to completion

    ofall Federal mining, EPA and other permitting restrictions.This provides states an immediate means ofbeginningfinancial recovery operations to save state economies.

    Paul Lucero Continental Funding Company

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    Nevada will create 2 banksy BankOne Charter Remote from Legislature (G)

    y Buys down credit lines and new loans to startup mining,

    co-generation and co-agriculture mining integratedbusinesses;

    y State deposits and savings accounts

    y Commercial lending, Interest Buy down, more

    y

    Bank Two Charter Remote from Legislature (I)y Investment Bank

    y Trade products such as BG, MTNs, Letters ofCredit andinternational Bonds and all securitized by Metals

    Paul Lucero Continental Funding Company

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    GDP (Y) and the State Bank(s)

    Y= C +( I )+ E + (G)Paul Lucero Continental Funding Company

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    Who will Buy a Nevada BondCalPERS adopts new investment plan 12/14/10

    As the nation's largest public pensionfundwith assets

    totaling$218.8 billion as o

    f

    October 31, 2010y Liquidity Cash and government bonds, which can be converted quicklyinto cash. Target allocation of4 percent.

    y Growth Stocks and private equity at 63 percent ofassets.

    y Income Fixed-income securities with established income returns, with anallocation of 16 percent.

    y Real

    Real estate, in

    frastructure and

    forestland to provide long-termreturns and considered less volatile to inflation. Target allocation of 13 percent.

    y Inflation Commodities and inflation-linked bonds, with an allocation of4percent.

    Read more: CalPERS adopts new investment plan | Sacramento Business Journal

    Paul Lucero Continental Funding Company

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    Economic Development (Win)y Take back 80% of land the Federal Government

    currently claims control of in Nevada

    yMonetize the resources as security for State BanksBondswhich issue Rare Earth and Au assay bonds

    y Charge Sales Taxes on Raw recovered Minerals

    y Potential income 10 billion a year into General Fund

    y Potential 4 to 5 billion in separate EconomicDevelopment fund for Nevada

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    Join the fightyJoin the pursuit ofthis action to save the state now!

    y Contact:

    y Ask for Paul Luceroy [email protected]

    y Skype: ispeedtoo

    y Email or Skype for appointment or speaking

    engagement or more details.

    Paul Lucero Continental Funding Company


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