A Call Upon All Americans UPDATED
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by GoBucks
Every so often a nation, as strong as it may be, comes to the people with a need. Today, I come to you on behalf of the eUSA with a need. After recent events involving the depletion of our Federal Treasury, a plan was made to assist in raising funds. We developed a solution, which involved a fix for the short term and for the long term. Sadly both do fall on the shoulders of our citizens, but know that Congressmen have to pay the price too.
Many are very aware of our long-term solution, a temporary raise in our nations taxes to help our treasury stabilize and regain the might it lost only a few days ago. However, these taxes are going to take a while to take affect and even longer before we start seeing the results, this means the short term is necessary. I, with the help of several others, including Con. Panther of N.D., developed a Bond system.
The system is pretty simple, buy your bonds at this org here:
http://www.erepublik.com/en/organization/1286742
Which I do not even have access to, in fact only President MacWalburgson and Congressmen Woods have access to the org. Then fill out this form as a means of recording your transaction and assuring the return of your money:
http://spreadsheets.google.com/viewform?key=pyjCSFUdVcQP1EBTgBurYCw&hl=en
Pay back will begin once the eUSA treasury reaches 1,500 GOLD and at least 80,000 USD plus the amount of money invested in bonds. Chances are your bonds won't even be used as their use are reserved solely for Federal Emergencies which require funds. Sadly, we will not be able to provide interest for bonds. However, 100% of the money invested will be returned.
So now is your chance Americans to show your patriotism for our great nation and buy bonds!
GoBucks
eUS Director of Citizens' Affairs
Congressman of Ohio
NOTE: The Bonds System Is Approved By President McWalburgson
Current List of Faithful Citizens Who Have Bought Bonds:
Congressman Panther
Congressman AidenAstrup
Congressman TDWester
Michael Holcomb
Congressman Lazor
Fourgot10
Wisher
Leroy Combs
Chahk Noir
Gregoir
Mercer
Tiacha
Randleman
Joe DaSmoe
Gaius Julius
trey sanders
Congressman Ananias
Congressman John Wycliffe
Patrick Haga
Al-Iksander
Chris Willson
Congressman Greecelightning
Matthew Johnson
Fmr. US President Benn Dover
Congressman ProggyPop
Rhane
Congressman Nathan Woods
Mattoze5
George Silver
Buddy Dude
Justin The Grand
One Eye
Arbitorblade
Mr. Bob
Danny Kowens
Salmon P. Chase
miguelguerin
patahorn
JackieBoy88
Wade Seagrave
Bill Blargh
Congressman Lukasz Makowski
Leo Ruby
Congressman Scrabman
Congressman Tsar Vandall
Marpool
Goaly1323
Seabane
J.R. Gale
Congressman Aren Perry
Inwegen
[img]http://digital.library.unt.edu/widgets/highlight2.php?path=/data/rarebooks/posters/001_499/upl-meta-dc-594/web-wwpc036.jpg&q=[/img]
To clarify upon some issues, the money will be spent only if we are attacked and that is the sole reason for the money, to spend on equipping our soldiers for battle therefore the chances of your bonds being spent are slim. This is a precautionary measure created to generate funds as quick as possible. As for no interests, One Eye says it quite well,
"These bonds are not like IRL bonds. They are essentially a donation to the eUSA which will be paid back sometime. Don't do it for your own good. Don't do it because it will make you rich.
Do it because we are stronger together than we are apart. Do it for eGod and ecountry.
I, One Eye, proud citizen of the eUSA endorse the bond program and have donated."
Keep them coming, Over 6000 USD and 175 gold already!!!
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Comments
I love how congressman Aiden Astrup has deleted his comment essentially calling me an idiot for thinking the reserve was taken over...
Faitful citizen indeed
Ooo-rah?
OK maybe its just me... but why should we throw more money to you. Congress is raising taxes there by taking the money it needs. Now you expect us to GIVE money to an organization under control of the same person who was in control of the last... come on. If these are true bonds where is the rate of interest?
Even people during WW2 knew what they would eventually get back.
Not enough information for me to invest.
GoBucks I trust your judgement, donated
I need a loop-less contract if you expect to get my money. This seems to fishy to me.
Here is my conspiracy idea.
Justin empties treasury
Justin blames Franco/Teacher/TGM for it to rally support against "The Party"
Justin raises taxes to tax the people EVEN harder and make more false claims our economy is stabilizing and make us hate Franco more
Justin creates Bonds to get our money and make us believe we are doing something good for our country
Justin takes the money and declares war on South Korea and/or launches a proxy war
Justin isn't reelected and runs off with our money
@Armandez
FRANCO ADMITTED IT!!
Agreed with Khamzi. This could have been done better.
Donated, I trust you
And does anyone else notice a rather obvious name missing from that list of those who've bought bonds?
Hey guys,
We are open for criticism, but only if it is constructive.
Bonds are usually NO-INTEREST just for your information.
We have to unite, if you don't want to donate, no one is making you, no reason why you should be so arrogant about it.
GoBucks, very nice article! Keep it up!
Another nation that needs help Switzerland!
http://www.erepublik.com/en/article/switzerland-has-been-overrun-updated--727912/1/20
"Even people during WW2 knew what they would eventually get back."~ Khamzi
Well, in this case you are getting 100% of what you donated back.
Armandez, I understand your concern however I have a great trust in Justin. The trust is great enough I already donated a substantial amount of USD and some gold.
@Joe
No way man. Im behind on the news I guess. Though as I told Bucks in a PM. I put that there to make people think. From the get go I believed it was Franco, cause he is such an immature ass. Just cause Justin says it was Franco is not a reason for his being guilty and at first that is what I saw and that is why I put my comment there. Now it is a different story now that he came out and admitted it.
Panther:
I have issued bonds and loans in real life. Not one was ever at zero interest. I am not aware of anyone ever issuing bonds at zero percent in the entire history of commerce and I have a decent library of economic history books on by shelf.
People and firms sometimes do sweetheart deals at zero, but there are other terms that provide the profit in lieu of interest. Sharia also prohibits lending at interest, but banks in those countries substitute profit sharing or some other revenue scheme for stated interest. It all works out to the same outcome.
That said, if the government will issue a public statement confirming this obligation, I am willing to contribute my meager resources. If it winds up interest free, then so be it. If the Treasury recovers then I would hope that Congress would approve a nominal rate of interest for those who stepped up to the plate.
The critical elements in a borrowing are: the date of the transaction, an acknowledgment of the debt by the borrower, a promise to repay (sometimes conditional upon a revenue stream such as tax receipts), a date certain for the maturity, the rate of interest and the terms (when periodic payments are made.)
I will contribute nearly everything I have if our current government officials, not congress critters but the highest officials, will publicly state the above terms.
Not being a hard-ass, but I've done these type transaction for more than twenty years.
-Huring
@Hurling
The last sentence is unnecessary. If anyone should challenge you for asking questions, they're most certainly guilty of whatever they would accuse you of.
Yeah, I went over the top, but the bonds are usually at no interest comment sent me.
No, not at all. My meaning is you're questions are valid, and you don't need to fend off potential cries of "You're unamerican! Donate and don't ask questions!"
So I have heard your complaints, right now I am working on getting an insurance system set up for the bonds and I will keep you updated on the results. As to Robert, once Justin returns I am sure he will donate and voice his support.
Armandez: Franco has now admitted to stealing it.
Voted, Donated.
4 PEACE n SECURITY!!! 😁
You can't protect the treasury now, what makes me want to give you more? I'm with Hurling on this one.... Maybe with someone I trust, but this opaque government isn't it. Sorry guys.
Go America!!
Can I donate?
Can I donate?
well despite some people's reasons to not support this and their country, I dontated.
The US treasury already has enough USD for over 1,750 gold, and we are being taxed to all hell.
What exactly are the bonds going to pay for? Risky venture for anyone given the state of affairs of our government. The government is well funded, you don't need bonds.
Donated - through excessive taxes
It was the Illuminati....they control everything.
donated
If you want my money you are going to have to pry it from my cold dead fingers with this reckless tax plan.
i would love to donate.. but i only just started.. so all i have is a few dollars.. i can give that up for my country if need be.
Before people will by bonds their must be a return on their money plus some this reminds me of the WWII bonds and that was a great cause this is not a great cause.
Voted up please! http://www.erepublik.com/en/article/erepublik-world-cup-728400/1/20
Money belongs in the hands of the people...not bureaucrats!
So wait, we get no interest and you're asking us to...chuckle...give money out of the kindness of our hearts?
Oh well, I donated 1 GOLD and all my IUP, since I am currently residing in Ireland.
How is the Government going to repay bond holders once it gets 1500 Gold? Where is the extra gold going to come from?
Maybe I'm missing something with this proposal. But let me see if I have it straight:
a) The Government is broke and is issuing non-interest paying bonds
in exchange for Gold and/or Dollars.
b) After the government has collected 1,500 GOLD and at least 80,000 USD from the public, it plans to payback "100% of the money invested".
Maybe my math is off, but where is the government getting an additional 1500 Gold and $80,000 to repay that same amount they collected?
If you donate, you get confirmation(At least if you forget to sign the spreadsheet. Thanks, Panther!)
donated, add me to the senator's list.
@Nathan - Franco has admitted selling the funds on the monetary market; making no profit himself.
voted, donated
Votes, donated. And as long as you have a job, what does it matter? YOu still have a source of income, and you don't have to donate all your money or gold to it either.
setting a price for the bonds would make interest and repayment much easier Gobucks. Set it low so that everyone can invest but not to low. Say $20. then set a return price such as 10% for leaving the money in one month. This way ever bond would be worth $22 at maturity and one month is more then enough time for the fed to rebiuld itself and be able to cover the interest plus it gives us a means to get even more money outof circulation fast. Ofcorse it will have to go back in but in the long run a wealthy nation is a healthy nation and there are many ways to look at this.