it is their right, it is their duty...
PEOPLE For Mathematically Perfected Economy™ (PFMPE™) : mathematically perfected economy™ (MPE™) is the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a vital circulation, engendering inevitable systemic failure at a finite system lifespan defined by an inevitable, terminal sum of insoluble debt. Mathematically Perfected Economy™ is every prospective debtor's right to issue their promise to pay, free of extrinsic manipulation, adulteration, or exploitation of that promise, or the natural opportunity to make good on it.
WHY FOLLOWING BILL CLINTON WILL BE OBAMA'S ROAD TO FAILURE (TOO)
Wednesday, November 12, 2008
WHY FOLLOWING BILL CLINTON WILL BE OBAMA'S ROAD TO FAILURE (TOO)
We have just witnessed a critical election in which none of the candidates proved they could solve critical monetary faults. We remain subject to an imposed monetary system which has only (already) engendered world wide monetary failure; and the inevitable cause of that failure and the next remain a form of currency which on the first hand requires us to maintain a vital circulation, and on the other requires us to do so by perpetually re-borrowing principal and interest as subsequent sums of debt, perpetually increased so much as periodic interest.
Because this process multiplies debt in proportion to the vital circulation, and because ever more of the vital circulation is inherently dedicated to servicing debt, versus sustaining the industry which is compelled to do so, the ultimate consequence of that process is catastrophic failure under terminal sums of debt.
Thomas Jefferson did not solve these issues, but he put the problem like this:
If the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property, until their children wake homeless on the continent their fathers conquered.
Thus, along the road to dispossession by artificial multiplication of debt into terminal debt, the sum of debt increases at an inherently escalating rate of ever greater sums of periodic interest on an ever greater sum of debt. And yet despite the ramifications of this imposed process; and despite the fact the Democrats established the so called Federal Reserve immediately on the heels of a 1912 party platform which explicitly promised not to create a central bank; essentially nonetheless, Barack Obama's only considered course follows the model of Bill Clinton; and he is only hiring advocates and principal players of the very system which is the cause of the impending monetary failure. All the pieces falling into place therefore, are to preserve the ever more destructive system which has been imposed upon us.
The Clintons of course claim to have presided over what they tell us is the greatest industrial expansion of modern history.
But this claim is a lie. Starving for ways to replenish the circulatory deflation imposed by the debt which had been accumulated to Clinton's terms in office, and with the public already rendered unable to afford sustaining a circulation itself, the false boom of Mr. Clinton's claimed industrial expansion merely served as a temporary stop-gap to replenish the circulation.
How quickly we have forgotten that purported boom was a bust before it got out the gate. Company after company after company spent 90 percent of its revenue on celebrations and expensive cars for "key" executives. Not only are almost all of those companies gone, even by the time Mr. Clinton left office, few of them had made a penny of profit.
During the subsequent Bush regime, the circulation has been replenished by monumental borrowing, not just for war, but even for the oil you so much depend on.
All this while then indeed, debt has been multiplying at escalating rates toward inevitable failure, with no "representative" of the people advocating solution; and so, it will be against the further multiplication of the resultant, far greater sum of debt (already collapsing us), that Mr. Obama hopes to succeed.
The president-elect hopes to create millions of jobs. How are we going to sustain those jobs which we already cannot afford to sustain, saddled with all the further debt which will be incurred?
Even if we could sustain them for some while, further, perpetual, escalating multiplication of debt would soon swallow up any ostensible benefit.
He hopes to create those jobs by expediting technology we already have, to become energy independent. But the only real reason we cannot implement that technology is we are saddled with so much debt already.
So if our new President follows in Mr. Clinton's footsteps, Mr. Obama can only succeed if we can afford that technology we already have, at considerable delay, and at the further cost to the public that short-sighted course condemns us to.
So how do we get there from here?
The answer has been here for 30 years; and in fact the powers that have been have only worked to keep it from you: mathematically perfected economy™ makes all these things possible immediately, and without cost, simply by eliminating the unearned takings which the people Mr. Obama is installing in his cabinet are so accustomed to.
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"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)
© COPYRIGHT 2009, by mike montagne and PEOPLE For Mathematically Perfected Economy™.
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Gross National Public Debt Clock
"National debt," perhaps better said to be "federal debt," refers only to public debt accumulated by the federal government. National debt does not include the even greater sum of private debt, or further public debt accumulated by state and local governments.
PER CAPITA, THE CURRENT FEDERAL PUBLIC DEBT COMES TO APPROXIMATELY THIRTY-THOUSAND DOLLARS.
FIGURED AT THE ROUGH SCALE USED BELOW TO DETERMINE RESPONSIBILITY FOR PRIVATE DEBT, THE AVERAGE FEDERAL DEBT WOULD BE ROUGHLY $93,750 PER ELDER ADULT MOST RESPONSIBLE FOR THE ACCUMULATION OF FEDERAL DEBT. BUT LIKE PRIVATE DEBT, THE UNDUE BURDENS OF THIS SHARE WILL SIMPLY BE SADDLED UPON YOUNGER GENERATIONS.
PER CAPITA U.S. PUBLIC AND PRIVATE DEBT
Estimates of the sum of private and public U.S. debt together, accounting for potential Social Security and Medicare liabilities as of November, 2007, run as much as more than $96 trillion; or $320,000 per capita even for infants; OR AN AVERAGE OF ROUGHLY HALF A MILLION DOLLARS PER ADULT.
THIS EQUATES TO ROUGHLY $1 MILLION PER ELDER ADULT, MOST RESPONSIBLE FOR ENGENDERING THIS DEBT.
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While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.
There is no other solution. Regulation can only temper an inherently terminal process.
If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.
Copyright 1979-2008 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.
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