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What should concern us is who stands in the way of solution, and why.
mike montagne
NEGATIVE/CONTESTED FEEDBACK EXAMPLE
I’ve been doing battle with “economics” professors and pundits for 30 years. Now that the exploitation system has indeed begun to fall as my thesis of inevitable failure and computer models so long ago predicted, it has been a long time since I’ve received any negative or argumentative feedback, asserting alternate propositions. Not that I couldn’t find naysayers immediately. Ron Paul supporters are the stalwarts of non-solution, regularly advocating a return to the gold standard no matter how many times you prove to them, its impossible; the gold/silver standard cannot sustain unlimited industry/prosperity (which is the principal reason it’s always demoted to fractional reserve implementations); and most of all, the gold/silver standard cannot arrest inherent multiplication of debt — which of course is the principal cause of failure. I assert in return then that to persist in advocating disproven propositions is the greatest deterrent to solution.
There are people who just “don’t get it,” and there are others still who are stuck on whatever rationalizations buoy them in whatever necessary ways, that they can persist in resisting solution. The following letter which I received yesterday is such an example. I furnish it because it merely trudges again the same steps so many others have taken before them, without even seeing our pages already invalidate its assertions.
Nonetheless of course, I answered the letter because it illustrates the quality or kind of thinking/ego which obstructs from the rest of us (as best it can), what we have to do to avoid utter monetary failure. Ponder then how this person advocates exploitation:
To whom it may concern,
I noticed at the end of the latest email it was said that pfmpe would for a $100,000 do a 100 year mortgage at 0% giving a payment of $83.33 per month…. It then went on to say that this would solve the housing crisis.
Did anyone REALLY think about this statement? What happens to all of the people who just don’t pay and have not taken care of the house? What happens to all of the people who max out their income with payments? There would still be a crisis because people ALWAYS want more. This is not an American situation it is a human situation. People want more and more.
No one would be willing to invest if they cannot get a return on their money but the possibility exists that they could lose it. The MPE will NEVER EXIST it is not in the nature of people to risk with no possible reward.
[respondent]
MY REPLY
Of course someone *really thought* about that mathematic relationship:
Eventually, multiplication of debt makes it impossible to pay; and all along the way of multiplication of debt in proportion to the circulation, it is ever less possible to pay. How do you blame non-payment on the subjects of the exploitation you advocate, when the system itself makes it impossible, particularly at the final states of the limited lifespan of usury?
What “happens” to them under mathematically perfected economy, is they make themselves subjects of a system in which *they always can* pay.
As to your assertion of a crisis where people “always want more,” what are you saying then, but that the exploitation you advocate prevents them from having what they want?
As to wanting more and more irrespective to consequences then, that is the desire of the very exploiter — who is deprived of the coercive conditions in which they can do so, when the people can pay *their debts to each other* without involuntary servitude first imposed by the nature of the imposed currency, and thereafter imposed by the lack of solubility that currency can only leave them.
You only advocate further exploitation upon the first exploitation; and no one but no one but no one has ever demonstrated how that actually serves mankind, for to teach them alone would certainly far cheaper and less criminal. On the contrary, your very terms expose your want as a dispossession, ostensibly justified only because the dispossessed are no better than to know no better. Evidently then even, you think your advocation makes you better than me, for why should anyone deserve an opportunity to exploit for instance, their own progeny, or oppressed masses, simply deprived by time or other disadvantage from exploiting likewise, in return?
Of course, in mathematically perfected economy™, no one would be willing to “invest” (exploit), because the very chance for *unearned profit* is eliminated. But of course, that’s a just and even necessary purpose, if you are subject to exploitation, and particularly to a terminal form of exploitation; and it’s the exact contrary purpose only of advocates of exploitation — so why don’t you just say that? We already know who you are.
So, no [respondent], it’s not in the nature of exploiters to exploit when the people are given a way to avoid exploitation for illimitable unearned gain. You advocate that simply because you have no leverage by which to exploit us otherwise.
Your argument therefore is merely a pathological statement: You say you should save humanity from its perpetual want of more, when it is only your perpetual want of more which is the problem. Of course, that’s always been the only argument of exploitation.
It is also the pattern of exploitation that when you exploit the exploited to the degree they can no longer pay… to blame *their* ostensible want of ever more for the eventual insolubility, isn’t it?
Sure, you thought about the same statement. But not well, and quite transparently.
Visit http://www.change.gov/page/s/yourvision to pressure the Obama Transition Team to adopt mathematically perfected economy™. I’m aware the president-elect is hiring all the wrong people; but the fact you demanded representation when you could draws the line between who are the bad guys, and who are the good.
Except for profit making ventures or entities otherwise granted explicit permission to publish this copyright material, this article may be distributed or reprinted in whole only, from and including any quotes preceding its title, through and inclusive of the following permalink(s), by email or otherwise. Visitors may also download our entire directory of regular/main site articles from our downloads page: http://perfecteconomy.com/pg-free-pfmpe-downloads.html. If you want to save your country, we encourage personal distribution of this material to all conducive recipients of your personal address books. Of course, you may also send only the following permalink:
The citizen is sovereign only when he can retain and enjoy the fruits of his labor. If the government has first claim on his property he must learn to genuflect before it. When the right of property is abrogated, all the other rights of the individual are undermined, and to speak of the sovereign citizen who has no absolute right to property is to talk nonsense. It is like saying that the slave is free because he is allowed to do anything he wants to do (even vote, if you wish) except to own what he produces.
Frank Chodorov, The Freeman, August 1990
RESPONSE TO CATHERINE AUSTIN FITTS’ FINE BLOG ON THE G-20 SUMMIT
Truly excellent translation. One of our readers sent me here.
While I salute your exemplary expression of these truths however, I’m compelled to raise the missing link.
It’s impossible to do so without some first person singular, but, to distill the essential story… in 1983 I provided the Reagan Administration with mathematic proofs and computer models (complete with source code which you can still download and run from our pages), that not only would he fail to balance the federal budget or offset price inflation, but that this very day would arrive. In other words, given 1983 numbers and reasonable anticipation of de-escalated interest rates, those computer models projected a U.S. monetary collapse under terminal sums of debt, potentially/probably drawing the rest of the world down with it, at approximately 2010 AD.
But the missing link I raise is solution. In other words, unless we ascertain cause, we cannot resolve whatever process is responsible for effect. These models or their related thesis therefore comprise the real, underlying cause (versus myriad consequences).
Jumping back a few years further regarding this question of cause and solution, in 1979 I published a mathematic proof that a) any economy subject to interest ultimately terminates itself under insoluble debt; and b) that there is one and one only integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible, terminal multiplication of debt by interest.
Thomas Jefferson fairly well identified the principal cause of failure (a), which is the principle by which said models projected this failure; but as no one since developed the singular solution (b), all subsequent history to the present is the consequence.
Jefferson nonetheless said, “If the American People *ever* allow the banks to issue their currency, first by inflation and then by deflation, 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.”
This perception falls just short of solution, because if you unravel it you will find that “first by inflation and then by deflation” refers not just to intentional alteration of the circulation, but to simultaneous processes which engender inevitable failure. That is, merely to maintain a vital circulation subject to interest requires that we re-borrow whatever we pay toward principal and interest, as subsequent sums of debt, perpetually increased so much as periodic interest. Thus a sum of debt will multiply by ever escalating increments of periodic interest on an ever greater sum of debt, until we can no longer afford to service a further sum of debt — with this final stage of the lifespan therefore comprising a state where we can neither borrow further as is necessary to maintain a vital circulation. Then of course, the whole system comes down.
Franklin, Jefferson, Jackson, Lincoln, and many others gave serious attention to the problem, but never solved it.
Nonetheless, there are two sides to the coin. The first is recognition of the crime/problem. But this is to no avail if we aren’t going to recognize/implement solution. Still however, neither is the latter idea to any avail if there is one and one only solution, and we propose to implement anything less.
But as I say, I published a proof of singular solution in 1979; and, since then, not only has that proposition been tested/challenged by academia, it is effectively proven inversely by the culmination of present circumstances.
Since 1975, I have been referring to the solution as mathematically perfected economy™.
Our website of course provides substantial invalidations of contending theories. But I invite you to see two of our pages in particular, which readers have recently reported to register the present circumstances in such a way that they finally understand the differences between loss/failure of satellite banks, collapse of the system, and integral solution:
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)
Visit http://www.change.gov/page/s/yourvision to pressure the Obama Transition Team to adopt mathematically perfected economy™. I’m aware the president-elect is hiring all the wrong people; but the fact you demanded representation when you could draws the line between who are the bad guys, and who are the good.
Except for profit making ventures or entities otherwise granted explicit permission to publish this copyright material, this article may be distributed or reprinted in whole only, from and including any quotes preceding its title, through and inclusive of the following permalink(s), by email or otherwise. Visitors may also download our entire directory of regular/main site articles from our downloads page: http://perfecteconomy.com/pg-free-pfmpe-downloads.html. If you want to save your country, we encourage personal distribution of this material to all conducive recipients of your personal address books. Of course, you may also send only the following permalink:
What should concern us is who stands in the way of solution, and why.
mike montagne
PAULSON INADVERTENTLY CONFESSES FATAL FAULT OF MONETARY SYSTEM
(Forgive the ad.)
In testimony today, unelected Secretary of the Treasury Henry Paulson confessed that his only concept of staving failure is to assume further, further, and ever further debt, beyond the terminal sums of debt which have us at the brink of all-out failure.
Among the tall tales told, Paulson said that the “unpredictable nature” of the crisis means that it is necessary to ensure that the bailout money is not diverted to other uses (exactly what he proposes to do with it).
Moreover, when you are in the midst of something, you are not faced with “predicting” its nature; you are faced with ascertaining its already-evident nature — and that nature of course is the very thing Mr. Paulson hopes to evade most, because even divulging the nature of the problem in the course of relevant, intelligent, and productive discussion, would mean the end of the exploitation which he and his co-conspirators across the world intend to perpetuate, even despite their graft’s terminal consequences.
Paulson nonetheless trudges through a transparent facade of authority, telling us his objectives in asking Congress for the “financial rescue package” were:
to first stabilize the “financial” (exploitation) system on the verge of collapse;
and then to get lending going again, “to support” American consumers and businesses.
Thus he betrays a hundred years of lies, which pretended among other things that thanks to Milton Friedman, Mr. Bernanke knew (already) how to avoid *causing* another Great Depression. If such protections were in place of course, we wouldn’t be here.
But neither then did Mr. Friedman identify or solve the fundamental causes of the First Great Depression, because the fundamental cause is itself a privatized currency, which is no accident of the men Mr. Friedman slept with. From its very inception, and to this very day, that form of currency was to be imposed for the very purpose of exploiting production and wealth to ever greater degrees, by inherently multiplying artificial sums of debt upon the unwitting, subject populace.
While he too feigns protecting us of course, Mr. Paulson only likewise intends to protect that system of exploitation from revolt by its heretofore unwitting subjects.
Merely swapping his intentional abuse of terminology for more applicable terms, what Mr. Paulson really means then is:
his intentions are first to perpetuate the system of exploitation;
so that the imposed, private “Federal” “Reserve” System (and the rest of the “central banks” around the world) can continue to publish our promises to pay *each other* (which we could and would instead publish ourselves, without cost), and so that intended system of exploitation can continue subjecting those obfuscated promises to a process of unearned profit, which inherently and irreversibly multiplies debt into the very terminal sums of debt before us.
Next in this little facade, Paulson claims the so called rescue money should not be used to purchase “troubled” (insoluble) “assets” (debts), as was originally proposed. Of course, only fools would buy such things — unless they intended to do so on behalf of fools, for further unearned gain to themselves. But then again, isn’t this exactly what Mr. Paulson asked for?
He then merely states that a different approach than he so recently intended with equal due authority, “will do more” to prevent foreclosures. He provides no argument, no process, no qualification whatever; and only fools will not know why, for if whatever new tack was such a good idea, why *hasn’t* it *prevented* foreclosures already — versus ostensibly providing a *future* prospect of “doing more” to prevent foreclosures, instead even of virtually preventing them altogether, as a just “economy” would?
What kind of people so negligently lay idle, while the very prospect of sustainable industry is artificially destroyed, leaving them jobless, homeless, and saddled with vast, insoluble sums of debt, heaped upon them so that they might only hope to own their own production?
What great people particularly, would allow themselves to be dispossessed of their own industrial means, to suffer a wholly artificial, potential world-wide monetary failure, while they remain capable and willing as ever to incorporate resources into production?
Paulson himself is about to tell us.
He says, “The key to turning around the housing situation and avoiding foreclosures is going to be to keep lending going.”
Now why would that be, Mr. Paulson?
Do you mean to tell us that your brand of “lending” necessarily ever greater quantities of *our* promises to pay *each other* to us, is what’s going to save us?
Only if the people of the world will never wake, Paulson.
You just exposed the crux of the lie. Here, all these people of the world falling under you wee hammer, are expected *by you* to survive by assuming yet further debt; and you yourself point out that’s the only way you can conceive *the system* can be extended.
But your system is the very thing which has already multiplied the sum of debt beyond us; and so too, your system is the very thing which, just as you have said, can only multiply debt further.
Except for profit making ventures or entities otherwise granted explicit permission to publish this copyright material, this article may be distributed or reprinted in whole only, from and including any quotes preceding its title, through and inclusive of the following permalink(s), by email or otherwise. Visitors may also download our entire directory of regular/main site articles from our downloads page: http://perfecteconomy.com/pg-free-pfmpe-downloads.html. If you want to save your country, we encourage personal distribution of this material to all conducive recipients of your personal address books. Of course, you may also send only the following permalink:
What should concern us is who stands in the way of solution, and why.
mike montagne
NOVEMBER 18 APPEAL TO OBAMA TRANSITION TEAM (”TELL YOUR STORY”)
We did some wrestling this past year in several dozen Obama forums, and not only did we get a lot of people straightened out on mathematically perfected economy™, we gained some close friends and staunch advocates. Why that hasn’t precipitated IN a close relationship with the transition team or former campaign is a travesty. Evidently, “economic team” insiders so fear a strong challenge that they have obstructed our many propositions of mathematically perfected economy™ from reaching the president-elect himself. (?)
Recent PEOPLE For Mathematically Perfected Economy™ blogs nonetheless summarize the unfortunate situation:
Except for profit making ventures or entities otherwise granted explicit permission to publish this copyright material, this article may be distributed or reprinted in whole only, from and including any quotes preceding its title, through and inclusive of the following permalink(s), by email or otherwise. Visitors may also download our entire directory of regular/main site articles from our downloads page: http://perfecteconomy.com/pg-free-pfmpe-downloads.html. If you want to save your country, we encourage personal distribution of this material to all conducive recipients of your personal address books. Of course, you may also send only the following permalink:
WASHINGTON (Reuters) - President-elect Barack Obama and congressional Democrats face a tough test proving they want to fix the financial system after taking millions of dollars in campaign donations from banksandWall Street.
Big decisions loom on reining in the exotic securities markets, shoddy lending practices and regulatory failures behind the worst U.S. economic crisis in decades, with financial industry lobbyists already preparing for battle.
The coming fight raises questions about whether Washington is capable of overhauling an industry more deeply insinuated into the halls of political power than possibly any other.
Politics in the U.S. capital is heavily influenced by money donated to Democrats and Republicans alike by business interests that often play both sides of the partisan fence to win access and influence no matter who is in power.
“We’ve created this situation where … the only way to get elected or re-elected is to take large sums of money from special interests who want something from government,” said Daniel Newman, executive director of MAPLight.org, a nonpartisan, nonprofit campaign finance watchdog group.
ARE AMERICANS LEGALLY LIABLE TO PAY FOR THIS CRIME AGAINST THEM?
Many, many times already, I have provided the Obama Campaign and Transition Team explanations of mathematically perfected economy™ — how it works; why it is necessary; how it is the singular solution for our monetary issues — fully explaining now, many times and in many ways, how mathematically perfected economy™ solves the breadth of this crisis and its underlying monetary irregularities immediately, and not only without further cost, but eliminating vast costs to which the people of our country and the world are now unjustly subject.
Thirty years ago, I provided the Reagan Administration with mathematic proofs his presidency would fail either to arrest price inflation or solve its cause; and far more importantly, I provided a mathematic proof our monetary system would inevitably fail for itself imposing inherent, irreversible, terminal multiplication of debt in proportion to an obligated circulation.
In the latter part of Reagan’s first term I provided his administration computer models capable of calculating the maximum possible lifespan of any purported economy based on exploitation of debt. You can still download those models from our pages. You can examine the source code for any potential flaws in logic. And you can still run 1980 interest rates, circulatory growth and so forth, downwardly adjusting interest across the lifespan as necessary to extend the terminal cycle, and you will still project U.S. monetary failure, potentially engendering world-wide monetary failure, at approximately 2010 AD.
I have provided not only every American President since and including Gerald Ford with a proposition of mathematically perfected economy™; I have made this proposition available to many of the candidates, not once, but often many, many times over. Ron Paul, Dennis Kucinich, Mike Gravel, Ralph Nader, Hillary Clinton, John Edwards, Joe Biden… right down to the most minor candidates…. I have routinely sent them all, regular appeals to transform an unlawful monetary system into mathematically perfected economy™.
Not all these appeals are ignored. A single telephone call often drew the greatest enthusiasm from campaign staff, and often even of the highest officers of a campaign. A single telephone to Jerry Brown’s San Francisco headquarters had lower-level personnel practically begging me to come down and speak to higher officers. I was there two hours later, and within 5 minutes of walking in the door was speaking to his national campaign manager and several other of Mr. Brown’s highest staff at once, who were no less than thrilled to hear about mathematically perfected economy™. A few minutes of discussion produced an invitation to speak at a national meeting later the same evening. I helped set up the chairs for the rest of the afternoon, all the while visiting with staff, and explaining fundamental principles. By the time of the conference, there was a huge following, looking forward to a presentation.
The business of the evening concluded much later than had been anticipated. None of it was at all exciting really. People hoped that Mr. Brown would somehow find a way to serve the people has they had not been served for so long; but, much as in the present election, they gave themselves little more than hope. A handful of slogans were repeated, but there was no actual plan for accomplishing the goals we still have not attained; and so, we can understand why so many people were so anxious to have candidate Brown advocate an actual solution.
As the evening came to its late close, understandably, the campaign manager began to close down the meeting, forgetting she had asked me to stay and speak. About thirty people in the back of the auditorium sitting there with me all stood up at once, each of us to remind her she had forgotten mathematically perfected economy™.
Apologetically, she introduced me as I walked quickly to the podium, telling the audience of several hundred local managers what I had come out of nowhere to speak about. As I reached the podium, she whispered to me that she was sorry, they were tired, make it no more than 2 or 3 minutes, or I’ll lose them.
I began explaining that more than a decade earlier, that I had published a mathematic proof that a) any purported economy subject to interest ultimately terminates itself under insoluble debt; and b) that there was one and one only integral solution to the breadth of categoric faults of contemporary monetary systems. I quoted Jefferson and Franklin quickly. Tired as they were, my first statement woke most of them, but as I finished quoting Jefferson, everyone was sitting up in their seats. I quickly rattled off the categoric faults of the imposed systems; then explained how mathematically perfected economy™ solved each and all of them; and how we can immediately transform any system such as has been imposed upon us into mathematically perfected economy™. The audience reacted as if they’d just received Divine Revelation.
I asked if there were any questions. I had already taken 5 minutes. But many people immediately raised their hands, and I gave out the full answers I had long ago prepared. As an example of how mathematically perfected economy™ would work, I told my Parable of Perfect Economy, adjusting it to monetary perfection. The audience was looking at each other in amazement; they were buzzing with understanding.
The questions were good, and they kept coming. Everyone was deeply interested in each answer; and before your very eyes, you could see the very kind of reaction most of us presume is what once made our country so great. Mercifully, when we had rounded out the issues, I apprised them so, and ended the meeting thanking everyone for their great interest, and stamina. It was late.
When we finished, many people however wanted to speak with me further; and a large crowed gathered to do so. I was invited to party gatherings; contact information was exchanged; one of Mr. Brown’s closest friends, Montana Podva, arranged to personally introduce me to Mr. Brown, if I would provide exhaustive written material for him to study. I agreed; and a few weeks later, was introduced to the candidate.
That meeting was a strange event, which symbolizes, if it does not embody, the great disparity between the American People, and those who pretend to represent us.
The handshake was like taking the hand of a dead man. Mr. Brown was so shocked to hear of the purpose of our meeting, that he lost his composure. All the while he had the oddest expression on his face, akin to telling “Don’t you know better than challenging such a thing?”
Well actually, Mr. Brown, I do… but I won’t; and I’ll tell you why.
As arranged, I presented Mr. Brown with a large manila envelope, with as much as a chapter of a book, apprising him as best I could of the reasons and workings of mathematically perfected economy™. I never heard from Mr. Brown again; and all of us know why. The same reasons are shared across the breadth of all the other candidates. Their people, like Barack Obama’s people will engage me; but the candidate — and certainly any purported financial team — only answers the proposition of mathematically perfected economy™ with silence.
The reasons for this evasion are obvious. No truly disciplined person of course would reasonably doubt that there is more than one solution to inflation and deflation, or more than one solution to inherent, irreversible, terminal multiplication of debt by interest. No reasonably disciplined person cannot readily understand either how the integration of these two, simple solutions alone solves systemic manipulation of the cost or value of money or property — or that the three categoric faults together round out the possible scope of issues before us, because the only powers such pretended monetary systems have is to inflict these crimes against us.
But let us be plain then. The *only* reason Mr. Obama or any of the preceding Presidents, Congresses, or Supreme Courts deny the people of the world the facts of true economy which they have rights to, is that they serve the interests of exploitation instead.
Are Americans legally liable then to pay for this crime against us?
Absolutely not. Look around you. The criminals are now forced to work in plain view; they regularly are apprised of their crime; fifty or a hundred copies of the solution are sitting in the President-elect’s databases; and so, only by evasion in broad daylight, do the perpetrators hope to perpetuate their exploitation of the people, even as the crime is terminal.
But not only are Americans and the rest of the world *not* legally or rightfully liable to pay for the crimes against them; it is mathematically impossible for them to service the further costs of the crime, because the whole event of failure is engender by the crime having already multiplied artificial debts beyond their possible means.
The reason the perpetrators greet mathematically perfected economy™ with evasion, is they already know the fact of their crime. It is “the banks” who have dispossessed us of so much wealth that we have produced and paid for, who should have to be paying the people of the world for all the damages they have inflicted upon us.
Except for profit making ventures or entities otherwise granted explicit permission to publish this copyright material, this article may be distributed or reprinted in whole only, from and including any quotes preceding its title, through and inclusive of the following permalink(s), by email or otherwise. Visitors may also download our entire directory of regular/main site articles from our downloads page: http://perfecteconomy.com/pg-free-pfmpe-downloads.html. If you want to save your country, we encourage personal distribution of this material to all conducive recipients of your personal address books. Of course, you may also send only the following permalink:
A Reuters article today, “Obama says aiding economy trumps budget deficit,” also responds to 60 Minutes’ Obama interview, quoting the president-elect to state “we’re going to have to spend money now to stimulate the economy.” In other words, a perpetual effort to save the pretended economy will (in each successive phase) cost us far more, and far more again, than it would to rectify it (which would cost us nothing):
By Jeff Mason
CHICAGO (Reuters) — The United States government should not worry about deficits over the next two years while spending money to jumpstart the ailing economy, President-elect Barack Obama said in a television interview that aired on Sunday.
Obama, a Democrat who takes over from President George W. Bush, a Republican, on January 20, said consensus had emerged between economists in both major U.S. political parties that expensive measures were necessary to avoid a deep recession.
“The consensus is this, that we have to do whatever it takes to get this economy moving again, that we have to — we’re going to have to spend money now to stimulate the economy,” he told the CBS television network’s 60 Minutes news program.
“And (consensus is) that we shouldn’t worry about the deficit next year or even the year after; that short term, the most important thing is that we avoid a deepening recession.”
The “consensus” of which Mr. Obama speaks of course is comprised solely of practitioners of a pseudo-science, which, without conclusive or even qualified argument, and without accountability, itself simply steadfastly supports perpetuation of a process which can only multiply artificial sums of debt all the further, until we succumb to a terminal sum of debt.
Obama’s campaign slogan pledged that he wanted us to believe in his ability to change Washington, he wanted us to believe, under his presidency, in ours.
There is of course no more appropriate or vital area of concern than the people’s right and ability to solve the present monetary issues. Where then will we see the manifestation of this pledge?
I frankly don’t know what would compel the man to pursue real solution. All evidence regarding my attempts to convey solution to the Obama Campaign and Transition team may be obstructed by “economic” insiders, who obviously can stand no challenge to the course they will stay, particularly if real solution is upheld by irrefutable arguments.
There is but one solution nonetheless to inflation, deflation, and inherent, irreversible multiplication of debt by interest. Given that solution either cannot reach our president to be, or that he cannot or will not assimilate it, let’s do the math of his proposed course.
The Gross Domestic Product is supposed to be $1 trillion. The federal government is already piling up a $1 trillion in deficits. So the prospect of “bailing out” a system which can only multiply debt ever further, is to increase the deficits, accumulating yet further debt on the federal side of the ledger. So, at the eleventh hour of the finite lifespan of an “economy” which, for the unearned benefit of a few, can only multiply debt in proportion to the sustaining circulation, we are going to contribute to the rate of multiplication.
Smart move? Absolutely not. What are the ramifications?
The whole reason “credit is drying up” however, is the system of exploitation inherently comprises two simultaneous processes, one of deflation, and one of replenishing the circulation of the deflationary process.
When the replenishing aspect cannot be performed to the equivalent of the deflationary aspect, “credit dries up,” and we go under. How does this happen; and is it even possible to recover from a terminal manifestation of conditions which make it impractical to loan sufficiently to maintain a vital circulation?
First of all, what are these necessarily simultaneous deflationary and replenishing aspects?
A central banking system principally usurps the role of real creditor, to impose a currency in which the central bank issues the debtor’s promise to pay, and charges the debtor and subject system infinitely, for the issuance of those promises. Not only does this not contribute to the integrity of the promises, the arrangement itself guarantees the promises eventually cannot be fulfilled.
The currency of such a system thus is introduced to circulation as a debt subject to interest. With the full obligation of every such “debt” thus being comprised of principal and interest, there is a perpetual deflationary aspect of the circulation in which more than exists in circulation as principal is paid out of circulation in the way of principal and interest. Thus the constant deflationary aspect depletes the circulation of more circulation than exists, and so, because the principal and interest both must exist at some time if the resultant obligations are to be repaid altogether, and because it is not even possible to service the resultant obligations if a vital circulation is not maintained, an equal replenishing aspect must exist, with this being comprised of re-borrowing whatever principal and interest is paid out of the general circulation; and with this re-borrowing thus perpetually increasing the sum of debt so much as periodic interest on the ever greater sum of debt.
Thus the sum of debt increases at an inherently escalating rate, until such a sum exists that even the entire circulation would be dedicated singularly to servicing debt. None then remains to sustain the industry; but as industry has obligatory costs as well, the maximum practical lifespan of every such system falls short of a maximum possible lifespan, in which the whole circulation would be dedicated to servicing debt.
Thus it is in these final stages of the finite lifespan of every such system that the replenishing aspect cannot be performed to the equivalent of the deflationary aspect. Why not? Because, to maintain the circulation to that point in the lifespan, we have borrowed so much that the sum of debt already taxes us to our limits.
Obama and his “consensus” of exploitation are hoping instead that imposing further debt upon you will serve you. But at the brink of failure under already terminal sums of debt, you either rectify the system, or you suffer collapse.
Transforming the present system into mathematically perfected economy™ on the other hand will a) cost us nothing; b) apply interest paid so far against principal (vastly reducing the sum of debt); c) refinance all debt without interest and to a schedule of payment equal to the rate of depreciation/consumption (reducing payments against existent debt approximately 12 fold, and eliminating inflation/deflation); and d) make illimitable funding available to sustain further industry, versus continuing the expatriation and destruction of existing industry.
The only question is rhetorical: whether our true power to rectify Washington still exists.
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What should concern us is who stands in the way of solution, and why.
mike montagne
MONDAY, NOVEMBER 17, 2008 APPEAL TO OBAMA TRANSITION TEAM — RE: 60 MINUTES AND MATHEMATICALLY PERFECTED ECONOMY™
Dear Mr. Obama,
I watched your interview on 60 minutes just last night, and quote you regarding our monetary crisis, to say, “My interest is in finding solution.”
I am afraid your Economic Policy Team “may be” purposely obstructing my efforts to propose absolute, immediate monetary solution directly to you; and to establish a record indicating whether you yourself concur in evading that proposition, I write you once again, still actually hoping for a genuine answer. I hope then that whomever receives this attempt on your behalf, will be so thoughtful as to submit it directly to your evaluation.
The people you are appointing, ostensibly to right an inherently flawed fundamental process, will never do so, because they are the very principals of a system which not only exploits our country (as we certainly see), but because in perpetuation their intended graft, they perpetuate a process which inherently exploits its subjects to an ever escalating, inherently terminal degree (as we also see).
In other words sir, as Thomas Jefferson said in quite similar terms, we can only maintain a circulation subject to that process of multiplying, terminal exploitation, by re-borrowing principal and interest paid out of the general circulation, as subsequent sums of debt, perpetually increased by so much as periodic interest on an ever increasing sum of debt. An inevitable sum of debt therefore, Mr. Obama, is terminal.
The very perpetrators of the intended exploitation will of course only perpetuate their process. Yet obviously, so long as that process exists, it is terminal, because it inherently and inevitably multiplies debt in proportion to the sustaining circulation until the costs of servicing the escalating sum of debt exceed us.
You are not going to fool any intelligent person sir, by allowing the people at fault for this imposed system to perpetuate its wrongful and criminal existence. I provided the Reagan Administration with computer models which not only projected his tripling of the previous national debt of our country. The primary purpose of those models was to calculate the maximum possible lifespan of any purported economy subject to this abominable process. You can still download the models (complete with source code, to evaluate its logic) from our web pages. Moreover, you can run early 1980s data — accounting for necessary reductions in interest (to extend the lifespan of the present implementation as much as possible) — and you too will come up with a maximum practical lifespan for the present implementation, ending under terminal sums of debt at approximately 2010 AD.
We are now in the death throes of that implementation, Mr. Obama. Experimenting with the further preservation of that unjustifiable system will only impose greater suffering. The only useful purpose of that experiment then sir, is to perpetuate the crime, for the benefit of the criminals.
In this system of purportedly free markets, which you evidently presume to be just, the things you call markets are not free at all: they are subject to perpetual dispossession by irreversible multiplication of debt, to the unearned benefit of the mere publishers of a privatized, terminal currency.
Those criminals merely intervene upon the natural relationship of true creditor and potential debtors, pretending to be the real creditor only by the facade that our promises to pay *each other* must be issued by them, at of course virtually no cost whatever to the usurper. In other words, if Person A builds a $100,000 home with a hundred-year lifespan, Person B might enter into a natural arrangement with Person A, in which they might pay for the home as they consume of it, thus solving inflation and deflation; eliminating shortage of necessary circulation to sustain the payment of the debt; and further solving inherent, irreversible, terminal multiplication of the debt by extrinsic parties which have no interest or innate role in the transaction whatever.
The interest these criminals thus impose makes it impossible to solve inflation and deflation, because more must be paid out of circulation in respect to the subject property than the whole value of the property. Moreover, it is these very costs of perpetual multiplication of artificial sums of debt which is responsible for price inflation, for the subject industry is compelled to service the escalating multiplication of debt even as it perpetually infringes on margins of solubility. Further still, it is the proportional, inherent, irreversible and terminal multiplication of debt which ultimately destroys credit-worthiness, and (as we see) makes it impossible either to justify loaning further, or borrowing further, because we cannot service any further artificial multiplication of the original debts.
The federal government has already abused the American People far beyond the bounds of reasonability and accountability, by retaining this system upon us. Make yourself a credible representative of the people by experimenting with solution, instead of perpetuating this incredible, criminal graft.
There is one and one only integral solution to the categoric faults of the unwarranted system which has been imposed upon us. Those faults are 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible, terminal multiplication of debt by interest. That system sir, has already imposed one artificial, first Great Depression. It will now impose another, unless you *allow us* to rectify its terminal, unjustifiable, *and purposed* faults.
Inflation and deflation (1) are only solved sir by maintaining a circulation which is at all times equal to the remaining value of the wealth it is intended to represent — and (of course) by maintaining *such* a circulation as *can* wholly be dedicated to *that* purpose (versus servicing artificial, terminal escalation of the actual debt).
Inherent, irreversible, terminal multiplication of debt in proportion to the sustaining circulation (3) is only solved by eradication of interest.
Systemic manipulation of the cost or value of money or property (2) is only solved by the combined, integral solutions of the first and third irregularities.
This singular integral solution is what I have called since 1975, “mathematically perfected economy™.” What would be the ramifications of mathematically perfected economy™ then?
In the case of our same $100,000 home with a 100-year lifespan, the people of this country or the world would pay off their debt at the overall rate of $1,000 per year, or $83.33 per month.
How many of the 10,000 homes per day going into foreclosure right now sir, would be lost, or would tax their owners unnecessarily, unjustifiably, and terminally, if we re-financed all debt under mathematically perfected economy™?
You know the answer to that Mr. Obama. So you know that we could arrest monetary failure in a single day, simply by suspending payments against all existent debt until we installed or adopted the modest infrastructures which would refinance their artificial obligations under mathematically perfected economy™ — which *is* of course, the only sustainable course.
I worked out this solution in the 1970s. If you should be so prescient as to pave the way to our realization of its singular potential to serve us, our country and the world would be eternally grateful.
Mr. Jefferson put it this way: “If the American people *ever* allow the banks to issue their currency, 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.”
You are about to preside over the that day sir; and your presidency will certainly be measured by whether you truly pursued solution, or in fact evaded its irrefutable arguments.
To the *real* solution of these imposed irregularities then sir, I am dedicated most sincerely,
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™
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