The Valentine Constitution provides Citizens with one account to conduct all of their financial, lending, borrowing, credit, insurance, medical, voting and other government affairs. All of a Citizen’s records will be safe in one place. Access to the Citizen’s information will be under the firm control of that Citizen, accessible only with the Citizen’s permission or a warrant.
The single account will contain all the tools bankers use today plus assistance and guidance tools. Loan inquiries will receive an immediate response and carry no penalty. Credit scores will be available for free and credit reporting agencies will be abolished. Apps will allow Citizens to do their own financial and other planning using click-to-analyze and click-to-learn programs to better understand their options; or show the ratings of available financial planners. There will be no liability for passive investors, and all amounts of savings will be “FDIC” insured.
The government will help Citizens with applications, forms and compliance, alert Citizens before things are due, and help Citizens meet their deadlines. All Citizens will be required to have wills, medical directives, medical and financial powers of attorney, clearly titled property, etc. The government will provide check-the-box versions, and default dismissive Citizens to the most popular choices. Numerous apps will allow Citizens to get things done quickly and efficiently, and to rate government services and contractors.