THEFIXBOOKSTORE.COM

THEFIXBOOKSTORE.COM

Questions?  You Have Questions?

There is a lot of information, so we will start with the basics and provide you with links to discussion areas and pages within the website that you can consult for additional information.  Everything is open for discussion.  If you have a questions, please contact Clint Lovell through the Rainmaker Marketing Corporation website.

Is this the only book?

Here you will see the most frequent questions and the answers and links for more information (click on question to navigate).

Don't see your question?  Pick up the telephone and call Clint Lovell yourself and get an answer.  The number is 281.537.1200.

How do we end taxation and still pay for government and all of the things we want government to provide us?  There are three (3) methods the government uses to pay its bills: (1) it levies taxes and spends the net proceeds. (2) it borrows money and spends the net proceeds. (3) it makes investments and spends the investment income.  The key to The Fix was being able to make the investment-income (third choice) model work.  Economists have talked about the investment-income model for decades but have not been able to get it to work because they do not understand the nature of commerce and that is the advantage Clint Lovell has over all the classic economists (when it came to this task).  Clint's view is from the standpoint of business, so the solution set started from the business side of the problem.  People have been frightened by the prospect of having the government invest in the market because they are frightened the government will be ripped off, the government will rip us off, the government will "throw its weight around" and distort our markets or all manner of things.  The "engineering trick" Clint created for The Fix had to address all of these issues in order for it to work in a way that would also work to further our goals for paying the costs of government.  That was the real feat and Clint's solution is 100% foolproof, because; we all know that - sooner or later - the government will try to corrupt it by having fools run it.  Want more on this?  Click here.  Click here to go back to top.

How is it possible that there will never be a recession or depression ever again?  A recession happens when there is insufficient capital investment to sustain the current level of economic output and job formation activities.  Every recession carries the seed of being the parent of a depression, so if you never want a depression to happen, you must find a way to stop recessions from happening.  If you have you economy structured in such a way that there is a constant stimulus being applied to the demand schedule for capital investment, then a recession can never occur, because; you took away the predicate condition that is required for a recession to form - that being a lack of stimulus to the demand schedule for capital investment.  The Fix "threads this needle" by having government finance all of its activities with investment-income.  This means the government has to make investments to garner the funds it needs to pay its own way.  To keep this from being inflationary in nature, there is a $2.00:$1.00 matching requirement.  This means for every dollar the government commits to an investment in private-sector companies, the private-sector must match it with $2.00 of capital investment or there is no investment.  The government will be using what amounts to newly-minted currency for its investment funds and this makes the system work in incredibly powerful ways, one of which is a permanent end to recessions and depressions.  Want more on this?  Click here.  Click here to go back to top.

How can you really have unlimited spending for government - that's got to be a joke, right?  Wrong.  The investment-income method of paying for government allows us to borrow money to pay for the costs of government in an entirely different manner.  Today we borrow money and have no hope of ever really paying it back because the taxation method of funding government has reached its limit.  The investment-income method allows us to use deficit defeasance in conjunction with investment-income to pay all costs.  This means that all programs have no real limitations, only those ones we assign to them and the realization that once you know you can have everything, it can really be said that you need nothing.  Want more on this?  Click here.    Click here to go back to top.

It doesn't make sense that you could have complete, affordable, truly universal health care - how does it work?  First, let's talk about what the program does cover: assisted living facilities, attending physicians, cancer treatments, chiropractors, dental, electives (higher co-pay), emergency room visits, eye care, flu shots, home health care, homeopathic cures, hospital stays, medical devices, mental health centers, pregnancies, prescription drugs, psychiatrists, psychologists, rehabilitation centers, reproductive health, routine doctor visits, skilled nursing care, surgeons, surgeries, trauma and x-rays to name a view.  The system uses a defined schedule of deficit defeasance to pay all bills on the day the charge is made to the bill (all auditing happens in arrears and woe be to those caught with bad numbers), saving us billions.  The scheduled defeasance means that every group of charges is aggregated into a 30-year zero-coupon bond that is sold to the public and ends up having a compounded rate of return of almost 10% per annum (making them very attractive investments).  These are then discounted using investments in the private-sector economy in companies that are intentionally designed to be bankruptcy-proof, investment loss-proof companies offering high yields.  These investments are pledged to the bond issue as its source of repayment and is guaranteed to pay off 100% of the bond in only 27 years of the 30 year term (the last 3 years being the bond premium that tremendously increases the bond's yield).  This method is completely legal, ethical and in accordance with our country's (and every other country's) systems of accounting for investments.  The result is that the bonds are "defeased" and taken off the balance sheet as a debt to which there is a liability.  Want more on this?  Click here.  Click here to go back to top.

What is defeasance and how does it work for government spending?  Defeasance is a simple concept.  You borrow money at a comparative lower rate than the rate you can get on an investment having the same term, using the spread to reduce your loan obligation to a point where the lender will accept it in lieu of any further obligations on your part.  Let's say you have a 30-year mortgage loan on your house for $100,000 and at a rate of 5%.  At the end of the 30-year period, you would have paid off a total of $193,255.78.  Let's say that you can get an investment that pays 8% for the same 30-year period; guaranteed.  To pay off that $193,255.78, you only need $17,671.96 put into that investment today, to pay off all $100,000 you borrowed by pledging the investment contract to the lender.  That's how defeasance works.  The Fix uses defeasance as the center-piece structured finance tool to allow for unlimited fiscal spending to occur and to reign in all deficits, all unfunded liabilities and all pending program outlays.  All of it can now be paid or eliminated.  Want more on this?  Click here.  Click here to go back to top.

How is it that you can have full accountability for every government appropriation "whether the government wants it or not"?  The beating heart of The Fix is to allow the government to enter the private-sector economy and make investments on companies traded on TREX.  This means these investments can't become worthless overnight and the companies agree to distribute all their profits as these profits are earned, whether they want to or not.  The government takes the profits and pays its costs.  In order for TREX to work it has to have an account number for the payment that is set-up in advance that includes information on the program.  Every company that the government owns automatically provides all of its component financial information and this "flows through" to the government as well.  This means anyone with a computer that has an Internet connection can know what any unit of government spends on any program as of the close of business for the previous day whether the government wants to do this or not.  This puts an end to corruption (as a conscious act) and provides for better outcomes of government.  Want more on this?  Click here.  Click here to go back to top.

What is TREX and how does it work?  TREX stands for "The Royalty Exchange" - a kind of "stock market" where you will be able to buy limited ownership interests in companies that are structured as a special kind of limited partnership called a "Royalty Limited Partnership" (or "RLP").  RLPs are companies that are intentionally structured to be bankruptcy-proof, inflation-proof, investment loss-proof companies that are financed with 100% at-risk capital contributions.  TREX does not allow short-sales so there will never be a "market crash" or "stock crash" that happens on TREX, because; the predicate cause of these so-called "crashes" (the dishonest practice of short-sales) is eliminated from happening.  TREX is an auction platform that will work in a way that is essentially similar to the eBay model.  There is a listing and the highest bid wins.  This prevents the kind of irrational speculation that plagues our existing stock exchanges and makes it the perfect tool for allowing government to enter the private-sector economy, make investments for our benefit and truly be the "white knight" we have always wanted.  Want more on this?  Click here.  Click here to go back to top.

What do you mean by "full accountability" for educating our children?  The Universal Education Benefit Program ("Education Plus") is a complete privatization of our education system and reorganization program that allows education facilities ranging from pre-school programs all the way through post-graduate education programs and facilities to compete in a truly open market and receive market-based compensation for their work.  Part of the program is a reporting feature that automatically aggregates operating information so that peer comparisons can happen on the fly.  This means primary schools are rated against primary schools, college against college, teacher versus teacher, cost versus cost, and outcome versus outcome so that all programs are placed in competition with one another and this creates the basis for an entirely new outcome for our failed education system.  This approach provides accountability for your child's education and the means of ensuring that no child is left behind in an education system that heretofore was no better than what comes out of a bull's behind.  Want more on this?  Click here.  Click here to go back to top.

Do you really mean to say that all $11.7 trillion of our national debt will be paid off, but we won't make payments?  In a word, yes.  The system designed by Clint Lovell automatically refinances the national debt as the debt issues come up for refinancing/retirement (plus a little extra) using the deficit defeasance approach.  The result is that all $11.7 trillion of the national debt is paid off in only 16 years and nobody pays a tax for this to happen, nobody makes a payment for this to happen and nobody suffers want for this to happen.  As a matter of fact, the design of the funding construct is such that the retirement of the national debt creates a huge stimulus to the demand schedule for capital investment and the demand schedule for labor in each of those 16 years, because; to pay off the debt the government must make investments in companies in the private-sector economy and pledge the future earnings of these companies the government is entitled to receive to the bondholders as security for repayment.  This systemic approach means there is a huge amount of new investment that happens every year and this prevents recessions and depressions from ever happening again as a very nice "side benefit" that's actually part of the design.  Want more on this?  Click here.  Click here to go back to top.

How is it you can stop hyperinflation or hyper-unemployment from happening ever again?  This all ties into monetary policy; the government currently creates new currency by borrowing money to create the cash, because cash can only be created by expanding your liabilities or expanding your equities (ask any accountant).  The government uses liability expansion and that means that every time the government increases the currency supply it also stimulates inflation, because someone has to pay off the new loans and that means someone's costs go up and those costs get passed through the economy and result in fewer people being employed and prices going up all the way around; as sure as death and taxes.  Well as sure as death, I guess we should say.  Clint's method is to expand the currency supply using equity expansion in the form of these RLP securities being traded on TREX.  So every time the government invests in the private-sector to obtain funds for future costs of operations, it is purchasing equity securities and equity investments are not inherently inflationary and this is one of the "magic acts" of The Fix.  In point of fact, equity investment always leads to increases in the demand schedule for labor and reduce prices because new companies enter the market and have no loans to pay, so pressure to increase prices never happens.  Want more on this?  Click here.  Click here to go back to top.

Ordering Your Copy of The Fix

Here you can order your copy of the book for only $29.95 (plus sales tax and shipping - a total of $37.37), preview some of the information set forth in the book, review/analyze the component public finance plans and learn about all of the features and benefits of Capitalism Version 2.0.  To order your copy of The Fix, click here and go to the order page.  All book sales are via this online bookstore or on eBay^®.  For group orders and information on the financial opportunity owing to The Fix, please contact us via email at consultants@rainmakermarketing.com or via phone at 281.537.1200.