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mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

Mathematically Perfected Economy™ FORUMS, DISCUSSION

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 Post subject: Does the MPE comply with the Constitution?
PostPosted: 24 Jan 2009, 11:55 am 
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Does the MPE™ comply with the Constitution?

Note: Mike Montagne has suggested that a number of specific amendments be added to the Constitution upon the ratification of the Mathematically Perfected Economy™. The suggested amendments go beyond MPE™ implementation towards desirable reforms that would go a long way in draining the swamp in Washington. See the full explanation at:

51. CONSTITUTIONAL AMENDMENT OF MATHEMATICALLY PERFECTED ECONOMY™
http://www.perfecteconomy.com/pg-enforcing-representation.html

But does the MPE™ comply with the Constitution without any changes? I think it does - here's my logic:

Quote:
United States Constitution

Section 8. The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;


Congress has the authority to "borrow money on the credit of the United States." Isn't this an accurate description of the MPE™ from a mechanical and substantive perspective?

Mike Montagne coined the term "Foundry", or "Financial Foundry" to describe the new Government Agency that would create money through debt - endowed with the value and security of the assets purchased.

I think it is fair to say that the Constitution seems to define money as gold and silver coins. Is this a problem for the MPE™? I don't think it is as the MPE™ technically issues IUOs which may be traded.

Mike has some good information regarding Jefferson's views towards the Constitutionality of a central bank. Mike is very careful in not leading readers into concluding that Jefferson would have endorsed the MPE in any way. But, you can't help but wonder and I bet Mike has some interesting opinions - that he didn't give.

46. EVALUATION OF JEFFERSON'S OPINION ON THE CONSTITUTIONALITY OF A NATIONAL BANK
http://www.perfecteconomy.com/pg-enforcing-representation.html




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 Post subject: Re: Does the MPE comply with the Constitution?
PostPosted: 25 Jan 2009, 3:01 pm 
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Joined: 24 Jan 2008, 8:33 pm
Posts: 492
To be clear:

1. Yes, you're right that mathematically perfected economy™ is explicitly constitutional as is.

2. The reason for a constitutional amendment of mathematically perfected economy™ is to bind Congress to a constitutional role in which it must deploy a self regulating system which solves 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... by establishing a common foundry which certifies and accounts for our promises to pay, thus preserving and ensuring 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.




mike


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"When the freedom they wished for most was the freedom from responsibility, then Athens ceased to be free, and never was free again."



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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.



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