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The Poverty and War Eradication Bond (The "War Bond")The "War Bond" is a financial instrument and is a cross between a share (stock) and Government gilt (or should it be spelt "guilt"?) It will be sold in units of 1 million dollars to most public companies in the World, individual tribes and pension funds. At least 2 trillion dollars will be raised. It will not be a charitable donation but an investment in regions of the World that have substantial extreme poverty amongst their population. Initially the War Bond will be used to turn the Sahara Desert into a huge food growing region. While this is being done, War Bond finance will be used to buy or lease land all over the World to build homes and create jobs in places where extreme poverty is rampant. Land owners will be invited to swap local land with reclaimed and managed Sahara land. To qualify for War Bond investment:
An international corporation with many wholly owned subsidiaries will oversee the money is invested wisely. It will be run like any other multinational public company except every financial transaction will be publicly available for scrutiny on the Internet. It will have the heart of a major NGO such as UNICEF and the Red Cross/Red Crescent, the mind of a Top 30 Dow Jones public company and the soul of the whole UN. Manual labour to rebuild the World and bring life to the Sahara (amongst other deserts) will come from volunteers - millions of them working a 90 day once in a life time "shift". Public pressure will force most public companies around the World that earn more than 12 million dollars per year in profit, to invest 10% of their annual profit for 10 years in buying War Bonds. Due to the fact most of these organisations have access to bank finance, it will be perfectly acceptable if they use their banks to guarantee monies rather than actually buying War Bonds. It is worth noting, in America alone, there is 5 trillion dollars in unused lines of credit (overdrafts). It's about to be used! Nothing will stop companies buying or selling War Bonds with each other, or selling options to their own shareholders for underwriting purposes. The Investors in the War Bond will be repaid in full as soon as possible and earn a share of global profits in the meantime. For a broader description read the whole of section 1.10 in the 12-12-12 book.
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The 12-12-12 website is an educational website that facilitates individual or group discussion. The coded 12-12-12 book is a snapshot, written over an 87 day period, of the major problems in the World as at March 17th 2002 and possibly how to resolve them. The author Andronicos has written it in an ironic style to act as a catalyst for constructive discussion.
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