The technology requires power only at start-up to generate the magnetic field, after which cars move without any further energy input. This approach utilizes diamagnetic materials and powerful magnets to achieve levitation, akin to Maglev trains but with significantly lower ongoing energy requirements.

While challenges remain, such as reducing kinetic energy at the surface level and managing vortex damping, this innovation heralds a new era in transportation, potentially making traditional motors and batteries obsolete.

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• Why the U.S. needs to raise the age for social security benefits
• How mandatory military and social service could cut down on student loan debt
• Why regulating too-big-to-fail banks will stop damage to jobs and small businesses
• Why “Right to Die” is important for improving healthcare costs and efficiencies

“Five Easy Theses sets out key issues of public policy easy to identify in concept but long unresolved in practice. Stone proposes sensible approaches to breaking the long-standing political deadlock. The specific measures to deal with budgetary balance, income inequality, public education, healthcare, and financial reform should provide a guide for constructive debate as we choose our next president.”
— Paul A. Volcker, Chairman of the Federal Reserve (1979-1987)
Current Chairman of the Volcker Alliance

At a time of political gridlock in Washington, Americans are eager to end infighting and find solutions.

FIVE EASY THESES: Commonsense Solutions to America’s Greatest Economic Challenges, is an urgent call to action to all of us and our leaders to find solutions to five of our most pressing economic and domestic public policy issues: Fiscal Balance, Inequality, Healthcare, Education, and Financial Sector Reform.

Highly praised by leading authorities in each of these five areas and from both sides of the political aisle including Paul Volcker, Edward O. Wilson, Atul Gawande, FIVE EASY THESES relies on straightforward common sense to liberate the public discourse from partisanship and focus it instead on what might really work to solve the economic problems most directly impacting our lives today.
James M. Stone, the founder, Chairman and Chief Executive of the Plymouth Rock Group of companies, former Massachusetts Insurance Commissioner, and former Chairman and Commissioner of the U.S. Commodity Futures Trading Commission, argues that it is time for the electorate to challenge the deadlocked status quo and pressure our political leaders in both parties to stop running away from the issues that really matter.

This book is not just for policy wonks but for anyone worried about their rising healthcare costs, the future of their Social Security and Medicare, the effectiveness of education to prepare their children, and how their prosperity might be affected by income inequality and recklessness in the financial sector.
In FIVE EASY THESES, Stone presents a researched analysis of each sector, offering the context needed to understand what got us to where we are, and proposes the potential solutions that will lead us on the right path. These include:

Fiscal Balance
Stone identifies the worst loopholes and sources of waste in today’s tax policy. The federal government should stop making commitments it has no plans to fund. This problem is most severe with respect to our Social Security promises to the next generation of elders. Congress should cease to offer expensive tax breaks that serve no useful policy purpose. The most wastefully extravagant of these tax expenditures is the deduction available to corporations and individuals for payment of interest on their debts. The Social Security system can be secured by ceasing to automatically expand benefits as life expectancies rise. The corporate and personal interest deduction should be flat-out repealed.

Income Inequality
The greatest threat to traditional American values today is the drift toward an aristocracy of wealth. It is harmful that the fruits of our recent economic growth have virtually all been taken by top 0.1% of the population. To remedy this, and restore the economic strength of the middle class while maintaining a safety net for those in need, we must take steps that may sound as radical as the income tax sounded a hundred years ago but are just as necessary. We must begin to tax unrealized gains resulting from investment asset appreciation, and we must stop cold the leakage from inheritance taxes brought about through trust loopholes and excessive exemptions.

Education
Our system of grade school education and our private-public balance of higher education are in need of major repair. The grade school curriculum is poorly serving those who will not be earning a four-year college degree. The costs of college are undermining the benefits of higher education to all but the wealthiest students. Our nation ranks no better than mediocre by international measures of educational attainment. A universal national service program would offer a powerful set of solutions to the educational shortcomings, while providing other social and economic benefits as an extra dividend. The book lays out an 8-point plan and a bold post-secondary program to make education more effective and affordable for both college-bound and work-bound young people.

Healthcare
The United States spends about 18 percent of its GNP on healthcare, while the rest of the developed world averages a little more than half that. Yet, our people experience worse health outcomes than those in other nations. The extra spending exceeds a trillion dollars a year, a vast amount you could put to many better uses. Only within the framework of a single-payer, single-negotiator, single-regulator system can we provide rationality, sensible incentives, and cost-effective administration. The gain to the public of a trillion dollars a year would be the largest available boost to the economy within reach today, and proper incentives would improve America’s health outcomes

Financial Sector Reform
With first-hand experience as a financial regulator, Stone shows how an out-of-control gargantuan banking, derivatives and hedge fund sector can be curbed to make finance serve, rather than dominate, America’s real commercial sector. The emergence of unmanageably large and complex banks whose failures would bring all of us down, the creation of hedge funds whose security and business practices remain beyond regulatory purview, and the rise of derivatives traded with nearly unlimited leverage, all contribute to the financial sector’s enrichment at the rest of the economy’s expense. The overall scale of the financial sector is out of proportion to its economic value. The current situation is at least as hazardous as before the crash. Banks should be downsized. Hedge funds should cease to exist outside of the successful and safe regulatory structure applied to mutual funds. And derivatives trading should be backed up by reserves that would reduce its volume to a tiny fraction of today’s unimaginable numbers.

While these theses are by no means “easy”, together they have the potential to break through political paralysis and transform the future prospects of America’s next generation. FIVE EASY THESES is the book that is needed now to inspire people on both sides of the political aisle to demand the solutions and leadership that it will take to set our country on the right path.

About the Author:
James (Jim) Stone is the founder, Chairman and CEO of the Plymouth Rock group of companies. He began his career by teaching economics, after earning a Ph.D. in economics at Harvard. He served as Massachusetts Insurance Commissioner from 1975 to 1979 and then as Chairman and Commissioner of the U.S. Commodity Futures Trading Commission for four years. On his return from Washington, he founded Plymouth Rock.

He is a former member of the Board of Directors of the Boston Globe, and currently serves as Vice Chairman of the Board of Directors of Global Post, a web-based international news service. Jim is a member of the Board of Directors of two non-profit organizations, Cold Spring Harbor Laboratory and Management Sciences for Health, for which he serves as Chairman of the Board. Jim has served as an advisor to governments in three developing countries, and he has authored a book and numerous articles on insurance and finance. Jim is married, the father of two children, and lives in Boston.

FIVE EASY THESES
Commonsense Solutions to America’s Greatest Economic Challenges
By James M. Stone

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“AARP has a strong history of leading innovation by changing the marketplace,” said Jo Ann Jenkins, CEO of AARP. “Our members are disrupting aging in a variety of ways and so is AARP. The AARP Innovation Fund is the next evolution of our ability to fulfill our social mission by making sure that the needs and interests of those 50-plus are well represented by products and companies.”

The AARP Innovation Fund will make direct investments in early- to late-stage stage companies developing innovative products in three healthcare related areas:

Aging at Home—The fund will encourage the development of products and services that leverage technology to enable older adults to continue living in their homes safely and affordably such as: home sensor activity tracking; hearing and vision health; mobility assistance; meal plan/delivery/cooking solutions; social communities; physical augmentation devices.

Convenience and Access to Healthcare—The fund will support the advancement of products and services that enable 50-plus consumers to adopt positive health behaviors that they welcome into their lives such as: telemedicine; consumer diagnostics; consumer care transparency tools.

Preventative Health—The fund will seek to expand the market for products and services that help 50-plus consumers prevent the onset of serious health conditions such as: diet and nutrition management; stress and emotion management/therapy; fitness apps and programs; integrated health engagement incentives; cognitive and brain health.

In addition to financial support, some companies receiving these investments will have access to AARP’s knowledge and distribution channels to help 50-plus consumers have the opportunity to benefit from these innovative products and services.

“We look forward to working with AARP on this fund that will invest in and support innovative companies creating solutions for the people in this powerful and growing key demographic and their families,” said Kathy Rosa, Managing Director and Portfolio Manager in J.P. Morgan Asset Management’s Private Equity Group. “Our knowledge of the market, combined with AARP’s expertise on the wants and needs of those 50-plus, is a powerful combination that will help the AARP Investment Fund invest in innovative companies in the consumer healthcare space.”

People 50-plus are online, connected and make use of technology that is intuitive and consumer friendly. They have tremendous buying power – responsible for at least $7.1 trillion in annual economic activity – a number that is expected to grow to $13.5 trillion by 2032. Companies working with the AARP fund have a great opportunity to grow the double bottom line: They can increase revenue and improve the lives of Americans as they age.

Jenkins concluded: “The Innovation Fund showcases AARP’s ability to generate bigger, bolder solutions that will disrupt aging, increase our impact on and drive relevance for the 50-plus population.” B-roll/video about the AARP Innovation Fund can be found here: https://vimeo.com/aarpbroadcast/review/140975010/c07b26a4df.

If you have a relevant product/company that we should consider for the AARP Innovation Fund, please click on this link: AARP Innovation Fund.

# # #

About AARP
AARP is a nonprofit, nonpartisan organization, with a membership of nearly 38 million, that helps people turn their goals and dreams into real possibilities, strengthens communities and fights for the issues that matter most to families such as healthcare, employment and income security, retirement planning, affordable utilities and protection from financial abuse. We advocate for individuals in the marketplace by selecting products and services of high quality and value to carry the AARP name as well as help our members obtain discounts on a wide range of products, travel, and services. AARP does not endorse candidates for public office or make contributions to political campaigns or candidates. The AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more atwww.aarp.org.
@AARPMedia
#DisruptAging

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.8 trillion, is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global asset management firm with assets of approximately $2.4 trillion and operations in more than 60 countries. Information about JPMorgan Chase & Co. is available atwww.jpmorganchase.com.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.

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Dr. Benjamin S. Carson, Sr., M.D., had a childhood dream of becoming a physician. Growing up in a single parent home with dire poverty, poor grades, a horrible temper, and low self-esteem appeared to preclude the realization of that dream until his mother, with only a third-grade education, challenged her sons to strive for excellence. Young Ben persevered and today is an emeritus professor of neurosurgery, oncology, plastic surgery, and pediatrics at the Johns Hopkins School of Medicine, and he has directed pediatric neurosurgery at the Johns Hopkins Children’s Center for over 39 years. He became the inaugural recipient of a professorship dedicated in his name in May, 2008. He is now the Emeritus Benjamin S. Carson, Sr., M.D. and Dr. Evelyn Spiro, R.N. Professor of Pediatric Neurosurgery, having retired on June 30, 2013.

Some career highlights include the first separation of craniopagus (Siamese) twins joined at the back of the head in 1987, the first completely successful separation of type-2 vertical craniopagus twins in 1997 in South Africa, and the first successful placement of an intrauterine shunt for a hydrocephalic twin. Although he has been involved in many newsworthy operations, he feels that every case is noteworthy – deserving of maximum attention. He is interested in all aspects of pediatric neurosurgery and has a special interest in trigeminal neuralgia (severe facial pain) in adults.

Dr. Carson holds more than 60 honorary doctorate degrees. He is a member of the Alpha Omega Alpha Honor Medical Society, the Horatio Alger Society of Distinguished Americans, and many other prestigious organizations. He sits on the board of directors of numerous organizations, including Kellogg Company, Costco Wholesale Corporation, the Academy of Achievement, and is an Emeritus Fellow of the Yale Corporation, the governing body of Yale University. He was appointed in 2004 by President George W. Bush to serve on the President’s Council on Bioethics. He is a highly regarded motivational speaker who has addressed various audiences from school systems and civic groups to corporations and the President’s National Prayer Breakfast.

In 2001, Dr. Carson was named by CNN and TIME Magazine as one of the nation’s 20 foremost physicians and scientists. That same year, he was selected by the Library of Congress as one of 89 “Living Legends” on the occasion of its 200th anniversary. He is also the recipient of the 2006 Spingarn Medal which is the highest honor bestowed by the NAACP. In February, 2008, Dr. Carson was presented with the Ford’s Theatre Lincoln Medal by President Bush at the White House. In June, 2008, he was awarded the Presidential Medal of Freedom by the President, which is the highest civilian honor in the land. He has literally received hundreds of other awards during his distinguished career.

In June 2013, after 40 years of medical endeavors, Carson retired and today serves as Professor Emeritus of Neurosurgery at Johns Hopkins University.

In addition writing a weekly opinion column for The Washington Times, Carson is a FOX News contributor and currently working on his newest book, One Nation, scheduled for release in May 2014.

Today, Dr. Carson and his wife, Candy, dedicate themselves to expanding the reach of the Carson Scholars Fund. Their dream is to name a Carson Scholar in every school within the United States.

A Message from Dr. Carson

I am fully aware that there are those organizations who desperately would like for me to seek public office, specifically that of the President of the United States. I have not endorsed any of these organizations and have neither any professional nor personal relationships and am not in communication with any of them. Furthermore, I maintain that as of today it is not my intention to seek public office. Instead I will continue to strive very hard to not only expose what is happening in our nation, but also to suggest ways to regain a direction that will lead our nation towards freedom and justice for all. If God has other plans for me moving forward, I am certain he will make those clear and I will always listen.

CEO clubs are affiliated with CEO Clubs International organization, CEO Clubs of America creates a nurturing environment for CEOs, Executives and Entrepreneurs dedicated to improving the quality and profitability of their enterprises through shared experience and personal growth.

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