The basic income already exists, and a small percentage of residents of Minneapolis already receive it. Passive income from capital assets that you inherited is a form of basic income, and we should be thinking much more critically about this. We could, if we chose, under my 100% renewable in 10 years plan decide, as a city, to issue municipal bonds at a low interest rate to finance construction, ownership, and operations of wind turbines under the Minnesota Flip model, and then distribute the revenue from the renewable energy capital assets to every resident of the city of Minneapolis, much like the Alaska Permanent Fund.
Or, we could, as I’ve proposed before, put solar over the interstate highways, and use that capital asset. Both of these are long-term energy-generating capital assets, that, when combined with low-cost municipal bond issues, can generate a return for the city far beyond anything the private sector (or Washington politicians) can hope to offer.
Maybe we can up our game, and instead of a new local fortune 500 company about every two years, we can go for one every year with a UBI for all our residents.
If Las Vegas can go 100% renewable for all city electric uses, we can do better.
You will see some alternative Energy options on the ballot for Minneapolis Mayor in 2017.
Vote for the farmer, because he sees first hand how Climate changes impacts food and agriculture, and puts us all at risk.
Vote for the Engineer, because he knows how to make a detailed deployment plan to get to 100% renewable energy
Vote for the advisor to the Grantcoin foundation, because the only way we can really effectively address income inequality is by building wealth redistribution into the currency we use
Vote for the only politician who can provide a real answer to where do the resources we need to run a city come from when the tax well dries up. The answer is we grow them, in our city, under our local control.
We can follow the two-party political system into madness, or we can vote with ranked choice. We can vote with our choice of money. We can vote with out choice of food.
While I’ve seen many comments about general malaise about the most recent election results, the election in which the votes of the residents of our great city really matter is coming up in 356 days. We might have a few things to say about the president-elect.
Remember rural America when you get to the polls, and vote for the farmer.
Empty the oil pipeline. Fill up with E85.
How, might you ask, would this stop the line? This morning on facebook I saw this. Note the section about low oil prices and financial collapse.
Here’s the deal on Dakota Access.
DAPL had to get permits from county, state and federal governments. They are still missing two permits. The first is the 408 permit on the Missouri River that the Obama administration has blocked for the time being. The other permit is the hydrostatic testing permit to test the whole pipeline using water from various water bodies across the length of the pipeline.
DAPL told the Iowa Utilities Board (IUB) that they wouldn’t begin construction until they had all the permits. The IUB granted the permit on a dark day this spring. At that time, DAPL still was missing the Army Corps of Engineers permits to cross the rivers and waterways. They began construction anyway. The IUB tsk tsked and then gave them approval to begin construction at their own risk.
They still don’t have all their permits but the pipeline has almost been completely built. There are only a few stretches that have not been finished–sections in Iowa and the small reach across the Missouri River in North Dakota.
What that means is that we have a nearly complete 1,000 mile pipeline. Even if the Missouri River permit is denied, the rest of the pipeline stands ready to ship crude oil across the Heartland.
There are a few things standing in the way of oil actually flowing through it. The first is those two pesky permits. Second is several lawsuits, two by the Tribes, a third by landowners and environmentalists in Iowa. Another block to this pipeline’s completion is the finances of DAPL which could collapse given the delay and low oil prices. Finally, the emergent properties of such a fluid situation could lead to a surprising avenue that stops this cold. We simply do not know which action, or friendship or strategy could tip the scales. As yesterday’s events show clearly, you just never know what might happen.
Because they continue to do construction in Iowa, we will not rest until we have done everything we can to stop this travesty. It is our sacred obligation to future generations.
The Natives at Standing Rock have the legal and the ethical arguments. But what most people miss is that Iowa is economically hostile territory for oil. We make far more money on corn, and the corn harvest starts in a few weeks. In the next two months, Iowa farmers will be harvesting $15 billion dollars of corn from $200 billion dollars of the world’s best farmland. If politics really is all about the money, who do you thinks going to win, a $4billion pipeline, or $200billion of family-owned farms? The value of those farms will go up by at least $4 billion if we let the oil companies bankrupt themselves on a pipeline that will never flow petroleum.
Oil is done, and in a few months the farmers in Iowa are going to demonstrate this new economic reality to the rest of the world. We need your help. If you have a flex fuel car, fill up with E85. If you don’t, put 2 gallons of E85 in, and 6 gallons of regular petroleum. The car will work just fine on 30% ethanol.
If you want more information, ask my about my 2001 prius (pictured above) that has been running on 30-50% ethanol for the last 10 acres (or 150,000 miles). And remember, if you want to make good on the Minneapolis climate action plan, make sure you vote for the farmer.
It’s 431 days to a referendum on the Minneapolis Basic Income program. While I applaud the progressive intention of 15now, and the discussions about how important a living wage is to our town, I’m disappointed.
I’m disappointed that no city council member has brought up BIGMN as an alternative to the $15/hour minimum wage. I’m disappointed that the focus is entirely on dollars. I’m disappointed by big cities that raise the minimum wage without thinking about the global consequences. I’m disappointed how it will facilitate further wealth transfer from the rural communities that grow the local food we like so much, and give it to the New York Bankees who own all the rental properties.
I’m disappointed that it seems politically inevitable that we are going to raise the minimum wage, and then as soon as enough big cities do that, the federal reserve will suddenly decide to raise interest rates to 5% or 10%. It seems just like a repeat of the farm crisis that set the stage for big agribusiness to monopolize the entire food distribution & marketing system.
But instead of just talking about it, I’ve been working on a basic income currency and an intentional community that can set it’s own monetary policy locally.
It’s time we set our own monetary policy here in Minneapolis, so I’m officially announcing my candidacy to be the first mayor of a major metropolitan area to deploy a basic income. See you in 431 days.
And if you want to know how I’m going to pay for it, watch this. If you want a real political change, vote for the farmer.
Oil is dying, peaked, over the hill. Whether this pipeline goes through or not, it’s over. Every year we get better at converting sunlight into forms of energy we can use. Students at Iowa State University and University of Minnesota are driving 4-seat solar powered cars. Because of technology, more people can move to the city, and do without a car.
But for those of us on the rez, or on the farm, we need transport. Before Standard oil showed up, we made fuel on farms. Before the powerlines, we had wind turbines.
This has, so far, been nice feel good political rallying.
This is also about big business that wants oil dead. And it’s time to play the big-money dirty tricks game, and bring down this oil house of cards. BNSF makes more money hauling freight if oil prices go up. Midamerican Energy makes more money selling wind power to Tesla electric cars. Green Plains energy makes more money turning corn into fuel, and we have a lot of corn. Find out who will profit by standing with Standing Rock, and send them money.
Mayor Troy makes more money with farmland and wind turbines than with petroleum.
This is Oil’s last stand. If the pipeline somehow survives Standing Rock, they still have to get through a few trillion dollars of farmland in Iowa that export a billion dollars of corn every year.
If you have investments in petroleum, now would be a good time to get out, before we burn your money, and leave the oil in the ground.