What should concern us is who stands in the way of solution, and why.
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?
Visit http://www.change.gov/page/s/yourvision to pressure the Obama Transition Team to adopt mathematically perfected economy?.
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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 2008, by mike montagne and PEOPLE For Mathematically Perfected Economy?.
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