He says that the economies will be bailed out step by step, through switching over one kind of illusory money for another kind of illusory money. Universal Guaranteed Income will be used to control people. The whole plan for a technocracy must be exposed to fall apart — people must remember freedom.
‘Universal basic income’ is a socialist scheme that takes money from taxpayers and redistributes it to mostly non-taxpayers. Stockton, a city in California, will spend $900,000 over 18 months to subsidize 100 residents with $500 monthly. [We expect the program to become permanent in California, however, because legislators there do not care if a program is too expensive or unsustainable so long as it gets them elected.]
California: Michael Tubbs, the 26-year old Mayor of Stockton, will provide a universal basic income ($500 per month) to low-income residents. Stockton was the largest city in America to claim bankruptcy during the financial crisis. Critics fear it will create a welfare state. [Stockton already IS a welfare state. We predict that, when the ‘experiment’ is finished, it will be seen as a colossal failure, but those who are well paid to administer the welfare state will claim that the only reason it failed is that $500 was not enough. The result will be another ‘experiment’ at $1,000, and another at $2,000, and so on to eternity.]