Dear President Donald Trump.
You may remember Donald Rumsfeld when he spoke about the three levels of knowledge
1. What we know we know. I call this baseline knowledge.
2. What we know we don’t know. I call this life’s knowledge which makes the unknown,
known.
3. What we don’t know we don’t know. I call this seniors knowledge which discloses the
unknown.
As the secretary of defence 2001 to 2006 under President George W. Bush it seemed that
intelligent thinking was happening in the White House. But NO Rumsfeld and Bush used
‘What we know we don’t know’ about Saddam Hussein’s regime possessing and was
developing weapons of mass destruction that in their twisted minds justified the 2003
invasion of Iraq and War. At the time US weapons inspectors knew that Saddam Hussein’s
regime did not possess and was not developing weapons of mass destruction, but this did
not suit the thinking of Rumsfeld, Bush and American War Industry. Also, the Western World
Oil Industry wanted Iraq Oil.
Today, your Presidency is confronted by Economic and Financial War between the USA/
Western Nations, and China, Russia and the BRICS Nations and Members who are 55% of
the World population.
If the USA is to prevail and you are to keep your promise to MAGA you must be guided by
the appropriate baseline knowledge of the Economies and Financial standing of the
USA/Western Nations and of China and the BRICS Nations. Otherwise, you will make
mistakes and will lose the WAR.
If you think about what you and your advisors ‘know you know’ about the USA economy, the
penny should drop that GDP is not a complete knowledge of all Economic and Financial
transactions conducted into, within and out of the USA i.e. you do not have the baseline
knowledge to win this Economic and Financial WAR and can expect to lose.
In 1971 PM Gough Whitlam opened the Australian market to ‘Made in China’ to end
manufacturing in Australia,
In the early 1980s I thought about this baseline knowledge of the Economy and Financial
standing of Australia and in 1984 concluded it to be the Open Market Value (NO transfer
pricing to evade TAX) of All Changes Of Ownership into, within and out of Australia. I call this
ACOO to replace the inappropriate GDP. This led me to realise that EXISTING TAXES must
be taken off costs and prices of goods and services so that ‘Made in Australia’ can replace
‘Made in China’. Also, that by taking EXISTING TAXES off the cost of all Government
(eliminating the tax merry go round) Government could be fully funded by a single % of TAX
on ACOO. In 1985 I sent my 2% TAX Presentation to PM Bob Hawke for his Tax Summit but
nobody in Government was thinking about and understanding the need for this base line
knowledge. Please see https://2percent-liberty-tax.com/
Fast forward 40 years and you and your advisors do not have the baseline knowledge to win
the Economic and Financial War against China and the BRICS Nations. You do not
understand that you can expect the value of ACOO to be 25 times that of GDP. In fact, you
are losing this WAR.
Please have Elon Musk or one of your sons visit me to PLAN the research and
implementation of LIBERTY TAX to MAGA and WIN the Economic and Financial WAR
before it is too late.
Derek Smith CA
Your thinking Aussie Mate.