"... MOST AMERICANS HAVE LOST MORE THAN TWO THIRDS
OF THEIR BUYING POWER IN THE LAST 40 YEARS ..." -Daniel Farash
 
"AS OF 2006 AMERICANS HAVE A NEGATIVE NET WORTH."
-US Department of Commerce
"THROUGH NO FAULT OF THEIR OWN AMERICANS HAVE $14 TRILLION OF HOUSEHOLD DEBT" - M Hodges
 
“THE FEDERAL DEFICIT IS NOW OVER 11 TRILLION DOLLARS AND IS GROWING TWO AND A HALF TRILLION DOLLARS A YEAR” Wikipedia -- Brillig {outdated, number reference!; 'RS'}.
 
“IF MINIMUM WAGE WAS TO KEEP UP WITH INFLATION OVER THE LAST FORTY YEARS, MINIMUM WAGE WOULD BE APPROXIMATELY $25/HR OR $1000 A WEEK” – Daniel Farash , Newspaperarchive.com
 
“COLLECTIVELY OVER THE LAST FORTY YEARS, WE BELIEVE HIGH NET WORTH INDIVIDUALS AND PRIVATELY FUNDED ENDOWEMENTS HAVE INCREASED THEIR WEALTH FROM A FEW TRILLION DOLLARS TO AS POSSIBLY AS HIGH AS $300 TRILLION DOLLARS COLLECTIVELY”
 
“IF HIGH NET WORTH INDIVIDUALS PARTED WITH A FRACTION OF THEIR WEALTH, AMERICAN SOCIETY COULD BEGIN TO RECOVER FROM 30 YEARS OF SOCIAL AND ECONOMIC OPPRESSION”
 
“FROM THE MID 1940s UNTIL THE MID 1980s, AMERICANS ENJOYED UPWARD MOBILITY AS THEIR ABILITY TO SAVE, PURCHASE GOODS AND SERVICES GREW WITH THE EMERGENCE OF GOVERNMENT INTERVENTION AND PROPER REGULATION”
 
"WITH THE SUPPORT OF BIG BUSINESS, AMERICANS OF HIGH NET WORTH AND INTELLIGENT GOVERNMENT REGULATION, SOCIETY WILL ONCE AGAIN BE ABLE TO REALIZE A PROSPEROUS STATNDARD OF LIVING"
 
"WE ALL LIVE, AS A RULE, IN THE PRESENT AND THE PAST, AND TAKE VERY LITTLE THOUGHT FOR THE FUTURE. NOW, IN ESTIMATING THE AGGREGATE WELL BEING AND HAPPINESS OF A COMMUNITY OR A NATION IT IS OBVIOUSLY THE CONDITION OF THE OBSCURE MILLIONS WHO ARE SURE TO BE ABSOLUTELY FORGOTTEN, THAT IT IS MOST IMPORTANT TO SEE AND WEIGH A RIGHT"
– Charles William Elliott – President Harvard University 1899.
 
Doing your own research, you may find that American households collectively are suffocating in $15 trillion in unsecured consumer debt. This would include credit card debt, auto loans and student loans. United States national debt is at an all time high at $11 trillion and growing over $200 billion a month or $2.5 trillion a year. $200 billion was the national debt was 50 years ago. Now that is what we incur every month. -Brillig, Treasurydirect.gov, McKinsey.com
 
 
THANK YOU MR. RONALD WILSON REAGAN!
 
Bankruptcy filings in 2008 were up 43 %. Japan and China, our greatest lenders, do not want any more of these financial obligations. The New American.com.
 
If the affluent community does not immediately get involved with the social and economic problems, the condition will be catastrophic. After spending years researching private wealth, including endowments, PM3 estimates it to be worth hundreds of trillions of dollars. Most of the billionaires on the Forbes 400 list are new money. "old money is very quiet and would go to great lengths to being listed." Forbes
 
According to Wikipedia, two thirds of the historical richest people in the world are American. Bill Gates who has topped the Forbes Billionaire list for the past decade, did not make the top 10. Wikipedia
 
PM3 believes that Wikipedia has done an excellent job at attempting to estimate family fortunes. PM3 agrees it is an impossible task as much of this information is private and many assumptions have to be made. Wikipedia in a footnote states they are unable to include many very wealthy families in this list. They state as examples DuPont, Rothschild and Forbes, which are generally considered to be among the wealthiest historically, but the creators mention “their fortunes have not yet been effectively calculated.” -Wikipedia
 
Interestingly, Howard Hughes does not make this list of Top 25 Historical Wealthiest Americans, although he is considered to be the first American billionaire, privately owning several large conglomerates and a considerable amount of land in Las Vegas and other areas. We believe Mr. Hughes should be towards the very top of this list. PM3 respectively states the calculation of inflation is conservative, thus understating the net worth (in 2007 dollars) for the historical rich such as John D. Rockefeller, Andrew Carnegie and William Vanderbilt. Lastly, this list excludes dozens of land barons that could potentially push bill gates off this statistic.
 
While their chart shows the 25 richest historical Americans of all time to be worth 2.5 trillion in total – PM3 believes the net worth of this group is exponentially greater then expected. When calculating the wealth in the top 1 percent of America, it is nearly impossible. PM3 believes when considering land wealth of old family money, as well as jewelry, fine art, other rare collections and private endowments, they collectively have a $300 trillion net worth.
 
 
THE GREAT DIVIDE
 
PM3 believes individuals of high net worth collectively control hundreds of trillions of dollars. In fact, Forbes Magazine estimates that the richest 400 Americans are conservatively worth $1.5 trillion. According to Forbes Magazine, "Our estimates of net worth are deliberately conservative ... We spend time traveling the country looking for billionaires who would prefer we left them off the pages of this magazine ..." Forbes
 
Project Millennium 3 has put great forth effort trying to calculate American wealth within some degree of accuracy. We believe high net worth individuals control between $100 and $300 trillion collectively (we are including private foundations and endowments in this calculation). These masters of the universe need to immediately resolve this economic stagnation as the United States government is effectively broken. PM3 sees opportunities for corrective actions including developing social safeguards, repairing infrastructure, assisting the social security system, funding education and providing healthcare. The federal government does not have the resources nor the procedures to correct this pandemic.
 
 
THE REALITY
 
The average "Joe" has a negative net worth as of 2006. Most Americans have little or no equity in their homes and are barely surviving on credit card debt while working incredibly long hours.
 
Project Millennium 3 believes the tremendous financial pressure on individuals needs to be immediately alleviated. PM3 believe if this pressure is not greatly reduced quickly, our economy will fall into a deep depression which will spread worldwide. --- Project Millennium 3, 2004
 
American's of high net worth and power can stop this problem immediately by "sharing the wealth." Without their cooperation and participation, this fiscal cancer will continue to spread rapidly.
 
 
WHAT WE EARN
 
According to a special report by Time Magazine, October 2006, there are 10 thousand Americans making an average income of $27 million a year. {This does not include capital gains}. Time.com {Don’t bother looking on the Time magazine website for these statistics. The "What We Earn" pages have been removed from their website. As such we feel an obligation to put it on ours}.

 
How much time at work does it take to make $1,000?
A Billionaire ?????
A Radio Host 24 seconds
A Talk Show Host 3 minutes
A Top Hollywood Actor 5 minutes
A Professional Athlete 6 minutes
Police Officer 43 hours
High School Teacher 43 hours
Farmer 57 hours
Janitor 103 hours
Federal Minimum Wage Worker 153 hours
 
{originally sourced, from- Time.com}
 

This disparity of income is a phenomenon, which we have termed "richflation" taking roots in the early1980s to the point where it has become obscene. This is a worldwide problem and if not dealt with immediately can cause society to break down." -- Daniel Farash, 2006. As of 2008, Federal Minimum wage was increased to $6.55 per hour. This represents a four fold increase over 40 years. During the same four decades: The price of food has increased at least ten fold. A NY Yankee yearbook has gone from $1 to $25, a twenty five fold increase. A US postage stamp went up seven fold in price. Sugar, gasoline, alcohol, potatoes, olive oil, aspirin, rent, tuition – over the last four decades this basket of goods has conservatively increased fifteen fold. – Newspaperarchive If in 40 years the cost of living has gone up fifteen fold in price – and minimum wage has gone up four fold, then one may state with certainty there is a problem. About.com
 
 
WHAT NEEDS TO BE DONE
 
According to most sources, our federal debt is eleven trillion dollars. This is a gross underestimate. The United States has approximately 50 trillion dollars in infrastructural renovations (to the highways, energy grid, water supply, and other systems) that have been neglected for many decades. While the government funds ongoing patches to our infrastructure – our federal debt fails to account for the degree to which our infrastructure is overburdened, outdated, and in need of MAJOR overhauls. It is our plan to help address some of these problems correctly and efficiently with an eye toward the future, rather than solely mending outdated systems.
 
“IN TERMS OF GETTING THIS COUNTRY BACK ON ITS FEET – WE’RE GOING TO NEED A LOT MORE JP MORGANS.” – Daniel Farash
 
Project Millennium 3 is a facilitator directing funds efficiently and quickly to hard working individuals and independent small businesses who are unable to meet their monthly expenses yet are working unbearable hours.
 
Conceived in 2004 and incorporated in 2008, 'PM3' has the ability to put significant money back into the economy and pay off consumer debt, which will be monitored and directed by a core group of individuals with a proven track record.
 
Collectively we are group of CEOs, CFOs, MBAs, CPAs and other very committed individuals who, along with the dedicated staff, will be able to provide social financial assistance, permitting society to return to a bearable quality of life, allowing individuals the opportunity to pursue happiness.
 
Additional Info:
 
http://en.wikipedia.org/wiki/United_States_public_debt
 
http://ftp.fas.org/sgp/crs/misc/RL31590.pdf
 
http://www.wsws.org/articles/2004/jan2004/debt-j15.shtml
 
http://mwhodges.home.att.net/nat-debt/debt-nat.htm
 
http://mwhodges.home.att.net/debt-summary-table.htm