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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.

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 Post subject: Run on Banks - A Professional Run Has Begun
PostPosted: 29 Jan 2009, 11:42 pm 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
Mr. Bob Chapman like many others will tell what's coming, but no solution provided.
The ongoing global economic problem is more than anything else a political issue. We need the SOLUTION, we need a monetary-policy-paradigm-shift directed toward the people, not the profits, we need the SOLUTION that is pro-living-people expressed in principles of Mathematically Perfected Economy driven by interest-free-monetary-system now. The Congress will react to our calls, for the Congress or the Senate only reacts - We the People do the acting & asking.
Keep on calling, faxing, emailing your Congressional representatives. Tell them that you know about the existing SOLUTION. And remember that your congressional representatives of Senators react according to the willful act of the represented that means me, you, her, him, all of us. Do it. Do not procrastinate in the quest of the lawful world & expect the unexpected.

Bob Chapman - The International Forecaster wrote:
A Professional Run On Banks Has Begun
THE INTERNATIONAL FORECASTER -

January 29, 2009
SATURDAY, January 24, 2009 P. O. Box 510518, Punta Gorda, FL 33951-0518
An international financial, economic, political social commentary.
Published & Edited by: Bob Chapman

"If you have CDs or funds in banks that exceed six months of operating expenses remove them immediately."

The following are some snippets from the most recent issue of the International Forecaster. For the full 37 page issue, please see subscription information below. US MARKETS ... We are not going to belabor this point but it is deadly important. Private equity investors and professionals are pulling their money out of...&topic=business_finance | Source: GoldSeek.com

The following are some snippets from the most recent issue of the International Forecaster. For the full 37 page issue, please see subscription information below. US MARKETS ... We are not going to belabor this point but it is deadly important. Private equity investors and professionals are pulling their money out of banks. A professional run on banks has begun. If you have CDs or funds in banks that exceed six months of operating expenses remove them immediately. Your alternative is gold and silver related assets or Swiss franc Treasuries. If you need help email me or call 1-800-375-4188.

Our Treasury is going to have to raise over $2 trillion to fund fiscal needs in the next six months, which will be no easy feat. Will foreigners continue to fund such massive reckless spending? We do not know. We do not believe they want too, but do they have much choice? They are holding 64.5% of their foreign reserves in US dollars.

The US Treasury's needs for funds are enormous and fulfilling those needs will be very difficult. Are US Treasuries still the world's safest investment? We do not believe they are. Today this is a false perception, as it has been several times in our history. History is replete with other major nations defaulting on their bonds and arbitrarily devaluing their currencies in the last 150 years. The bottom line is there are no safe bonds or currency from any nation. Gold always has been and always will be the only safe option.

Today we have zero interest rates or for that matter negative rates if you consider the loss via real inflation. Owners of US debt are losing at least 10% annually on their investment. Our unprecedented expansionary monetary policy can only end in disaster via hyperinflation and default and devaluation. Even a 10% yield in today's market cannot compensate for the loss in buying power.

The creation of American debt is totally out of control and there will come a time when foreigners will be forced to say no - no more. They will be under enormous pressure from their own constituents. Besides, who is capable of funding such debt? China and Japan are loaded up. Oil producers are in a bind. England is on the edge of bankruptcy, as are Ireland and Spain. Perhaps Germany and France can help. We do not know who'll attempt to help, but more than $2 trillion in a year is a lot of money. We do not think it can be done and that means the Fed buys the Treasury's bonds, bills and notes by creating more fiat money monetizing the debt and sending inflation straight into the stratosphere. That means much higher gold prices are in our future.

There is no flight to the dollar. There has been a flight from other currencies to the dollar for several reasons and those reasons are now history. We could see the dollar again test the upper limits on the USDX at about 88, but that should be it. We expect the dollar to firmly put in a double top. In fact, we may well never get to 88, which often happens in situations like this. The dollar has gone up as much as it is going too.

Can you imagine what a dollar at this level will do to exports? It will probably cut GDP % to 1%, and at this stage that would be most unwelcome. The dollar is going lower versus other major currencies, which have all just fallen versus the dollar over the past five months. Next all the currencies will take a bath versus gold.

As an aside, events in Europe are horrible. England and Europe are trapped in depression and England is bankrupt. In Greece and in the Baltics and South Balkans they are having the worst riots in almost 20 years. S&P has cut Greek debt to near junk and the bonds of Italy, Spain, Portugal and Ireland are on negative watch.

As we told you before this is a worldwide catastrophe. There will be no decoupling. Ireland has nationalized the Anglo Irish Bank, the biggest bank in the country. The social fabric is being torn as it soon also will be in the US and other countries. The entire world is entrapped in a web created to bring about world government.

Latvia's streets look like a war zone, but little of this carnage reaches us via the US media. This is important, as are the riots in Greece. They were all about economic and financial failure and no jobs. This is going to happen worldwide.

As we've said, the major financial institutions in the US are broke. The Fed and Treasury know and a few in Congress. The rest of our legislators do not understand or want to understand. Congress is only interested in payoffs and pedophilia. These are the same people who allowed $350 billion in TARP funds to be stolen.

There is no question now but Bank of America and Citigroup are broke. Plus banks in Canada and Europe. You can add JP Morgan Chase and Goldman Sachs. They went a bridge too far. These are banks and investment banks owned or controlled by the Illuminist Black Nobility. The connections in these stocks and others are just the prelude to oblivion. Wait until the derivative bomb explodes.

As the Baltic Dry Index falls 95%, oil and gas prices are decimated. Oil falls from $147 to $35.00 a barrel in order to destroy OPEC in another power play. In the end Russia will emerge as a winner. This is how fascism works. Our new President tells us he is committed to pressing China on its currency practices. Don't hold your breath. Just more political posturing.

President Obama is freezing salaries for top White House aides and will put in place new stricter ethics and lobbying rules.

He also said he will change the way the FOIA (Freedom of Intermation Act) is interpreted. There will be more transparency. He will err on the information release side.

The CBO says only $136 billion of the $355 billion that House leaders want to allocate to infrastructure programs will be spent by October 1, 2010. The rest will be spent after the recession/depression is projected to have ended. The report does not analyze the entire $825 billion stimulus package.

Building industry economists who have been perpetually wrong, see a deepening correction this year - see no recovery until 2010. We say more wishful thinking. Inventory of unsold homes is 11.5 months. That won't be reduced anytime soon.

The ISM Index of factory activity was 32.9 versus 32.4 originally reported for December. The non-manufacturing index was 40.1 in December versus 40.6 previously reported. What poor reporting.

The NAHB/Wells Fargo Housing Market Index was 8 in January, down from 9 in December. Chairman Sandy Dunn says, "Clearly conditions in the nation's housing market are not getting any better until the federal government takes substantial action to encourage qualified buyers to get back into the market."

The gauge of current single-family homes sales fell to 6 from 8. The index of sales for the next six months increased to 17 from 16. The prospective-buyer traffic measure also climbed to 8 from 7.

They say through the end of 2009 housing prices will have fallen 45%, a broad countrywide number.

The S&P/Case-Shiller Home Price Index fell 25.3% from March 2006 to October 2008. The expectation is for a 29% fall in 2009. Houses are going to fall to 1995 levels and we could see 1981 levels.

Phillips Van Husen will fire 400 workers and shut 175 stores.

Intel will stop production at five US and Asian plants and lay off 6,000. Top Oppenheimer bank analyst Meredith Whitney says banks are going to have to sell their crown jewels.

In commercial real estate delinquency rates are rising very quickly nationwide. Office and retail space are getting hit hardest.

The delinquency rate on retail mortgages was under 0.4% a year and a half ago and is now rising past 1.0%. Currently another service has the 60-day delinquency rate at 1.71%.

As both the above transpire banks are becoming more and more reticent to lend to anyone. Loans are being lifted from developers who have met every payment.

Mortgage applications fell 9.0% last week.

The American Council of Life Insurance has been pleading with regulators to adopt a variety of changes in capital and reserve requirements before companies must file their annual reports for 2008. They believe the reports will spook policyholders into dropping coverage and liquidating policies. These changes would mask real problems in the life insurance industry.

Insurers have to maintain prescribed levels of capital. If they fall below these levels, state regulators are required to intervene. When a company's capital sinks to 35% of the required level, regulators are required to take it over.

The meltdown in the financial markets has reduced the value of insurance companies' investments, leaving them with a thin cushion. You all know what will happen when the Dow falls from 8,000 to 4,000, they'll be out of business and you will lose lots of money.

In 2007 they had about four times required capital. In 2008 that dropped to about three times. If we may reflect back to 2003 when the Dow hit 7268 that ratio was 3.25%. Do you get the picture? 2009 will be a dangerous year for life insurers and 2010 will be worse.

Do not stand by as regulators paper over insurers problems. It could well mean a disaster for you later. There is a serious problem and the insurers and regulators do not want you to know about it. Consumer protection is getting thrown out the window just as protection in banking has.

Proposals are being considered that range from allowing insurers to assume certain policyholders will live longer to allow them to account potentially unusable tax credits toward their capital requirements. One would put an artificial floor under calculations related to declines in the value of commercial mortgages. This is to avoid unrealized losses, or mark-to-market as has been avoided in stock and bond investments. We see insurers and policyholders on a collusion course with reality. You should start selling insurance. If you need help let us know.


THE INTERNATIONAL FORECASTER

SATURDAY, January 24, 2009 P. O. Box 510518, Punta Gorda, FL 33951-0518 An international financial, economic, political and social commentary. Published and Edited by: Bob Chapman


Other article's headlines the source
Quote:
Deficits For The Shrinking World Economy
January 28th, 2009 - who are the new buyers. physical gold and silver in short supply, World economy contracting, big job losses all around, trillions in lossses, housing foreclosures surge in a weak market, how willUS treasury raise money now?

How Long Will Foreigners Fund Our Reckless Spending Habits?
January 24th, 2009 - Banks and financial institutions becoming nationalized already, Kissinger nods to Obama, our forefathers probably did not want world government, elated liberals, big spending habits expected to be funded by foreigners,riots in Europe, England in debt

Just The Early Stages of Economic and Financial Collapse
January 21st, 2009 - further declines in real estate, banks bankrupt, lower class, middle class, and upper class borrowers are all in trouble now, plenty of pain ahead for all lenders and borrowers, Little in loans whether it be bailouts or personal loans will ever be paid back

Misguided Spending Will Only Take Us Deeper Into Depression
January 17th, 2009 - D time,D for depression, more funds released to banks, more spending now is throwing gas on to the fire, Feds play with money like drunken sailors, Non insiders to be vaporized,

The Smell Of Panic In The Air For The Economy
January 14th, 2009 - Financial crisis affecting the entire world now, no end it sight for this recession, job losses mounting, a new deal will be unsuccessful, big power grab to come, the Real Estate game has come to an end, bailout avoids addressing systemic problems, bond market next to fail. no jobs and a purging of the system is what is to come

The New Gods Of Finance Will Crush The Middle Class
January 10th, 2009 - will America ever return to her greater glory. or wallow in madness and mayhem, lust for power and profit knows no bounds, breaking down the nation state, TARP funds will cover the super wealthy, but we wont know where the money will really go, Fed continues to hoard their reserves while extorting taxpayer money under threats of orchestrated market crashes

Bailouts for Almost Everyone But Economy Will Still Languish
January 7th, 2009 - bailout may start a rally, short now and short later, States in tough shape, record bankruptcies in 2009, we are only at the beginning of a long fall in the economy, Madoff victims want a bailout, financial crises are protracted affairs, government debt set to explode in the coming year, mainstream economists didnt forecast economic downturn

Financial Ruin & War For All Who Oppose The Rulers of the Economy
January 3rd, 2009 - The elites stay in power, the impact of the Madoff Ponzi scheme, presidents who stood up to the financial system, constitutional threats, Ironies of Lincoln, many states now face bankruptcy, California plunges towards bankruptcy, Derivative death star flies on, war & history and money,

A Ponzi Scheme Within A Ponzi Schme
December 27th, 2008 - a scam that dwarfs Maddoff, war & debt historically have fueled the largest ponzi schemes, note how the poor are still poor & the rich are still wealthy, national debt has continued to grow, bailout paying for perks tor executives, the rest of us will get hyperinflation, we will have gargantuan repayments to make on the errors of wall street, not enought money left over now to keep social security going for more than a few years

This Created Economic Crisis Now Complicated By Losses Across The Board
December 24th, 2008 - We have been in a recession since February 07, housing prices off greatly, earnings off massively, fed repeating actions taken in the 1930s, unemployment beginning to soar, deflation and inflation at war with each other, no amount of troops will make Afghanistan secure, but more are going anyways.
Source:
http://theinternationalforecaster.com/International_Forecaster_Weekly




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 Post subject: Re: Run on Banks - A Professional Run Has Begun
PostPosted: 30 Jan 2009, 8:59 am 
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Joined: 08 Nov 2008, 8:21 pm
Posts: 248
Quote:
Mario said:

The ongoing global economic problem is more than anything else a political issue. We need the SOLUTION, we need a monetary-policy-paradigm-shift directed toward the people, not the profits, we need the SOLUTION that is pro-living-people expressed in principles of Mathematically Perfected Economy driven by interest-free-monetary-system now. The Congress will react to our calls, for the Congress or the Senate only reacts - We the People do the acting & asking.


Well said! While many are recognizing that something is seriously awry, few off any solutions and fewer still recognize that the irreversible multiplication of interest debt is a terminal flaw.

Quote:
Bob Chapman said:

Our Treasury is going to have to raise over $2 trillion to fund fiscal needs in the next six months, which will be no easy feat. Will foreigners continue to fund such massive reckless spending? We do not know. We do not believe they want too, but do they have much choice? They are holding 64.5% of their foreign reserves in US dollars.

The US Treasury's needs for funds are enormous and fulfilling those needs will be very difficult. Are US Treasuries still the world's safest investment? We do not believe they are. Today this is a false perception, as it has been several times in our history. History is replete with other major nations defaulting on their bonds and arbitrarily devaluing their currencies in the last 150 years. The bottom line is there are no safe bonds or currency from any nation. Gold always has been and always will be the only safe option.


Serious words indeed. I agree that "gold" may be a safe haven for the coming storm and hold a suitable amount in my portfolio. But to be very clear, gold is not a solution to our ongoing currency problems - only the Mathematically Perfected Economy™ is.




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 Post subject: Re: Run on Banks - A Professional Run Has Begun
PostPosted: 30 Jan 2009, 12:11 pm 
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Joined: 24 Jan 2008, 8:33 pm
Posts: 492
mario and DrKrbyLuv wrote:
The Congress will react to our calls, for the Congress or the Senate only reacts - We the People do the acting & asking.

What we the People need to understand and take the greatest encouragement from is that the arguments of mathematically perfected economy™... as the singular solution of 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... are the prevailing arguments because those arguments alone have the power to prove that representation is solely to establish mathematically perfected economy™.

In other words, given those arguments, no legitimate Congress can legitimately refuse us.


Bob Chapman wrote:
Our Treasury is going to have to raise over $2 trillion to fund fiscal needs in the next six months, which will be no easy feat. Will foreigners continue to fund such massive reckless spending? [1] We do not know. We do not believe they want too, [2] but do they have much choice? They are holding 64.5% of their foreign reserves in US dollars.

1. Mr. Chapman says we do not know. But at the same time he shows why they absolutely should not do so. He recognizes the entrapment by which they have so far done so. But what is to lose all the further by continuing to do so in the face of terminal circumstances which, in the first ten days of Obama (given the further bailout just passed), have already increased the federal deficit a trillion dollars?

China was here a year ago, rightly looking for hard assets instead. The rest of the world can and will follow suit, for with what are they going to buy these false securities but immense further escalation of insoluble debt of their own? Are the money changers of the rest of the world going to give up real wealth for insoluble terminal debt, on top of insoluble debt?

Absolutely preposterous. If they were, why not buy these treasury notes with gold?

Mr. Chapman simply dares not finish his thought. But will fellow usurers fail to grasp the consequences of the suggested, plausible position?

I say instead that if they do it, it will only be only to try to perpetuate the system of exploitation, despite its terminal state, for the only thing which will really save us is mathematically perfected economy™ — which of course is the last thing that the credit masters want, because solution inherently involves removing their unassented power to issue our promises to pay, without cost, and yet at interest (and all the consequences of interest).

2. So Mr. Chapman is right that they have no choice but to bury their own countries, and the prospects thereof, if all of them together are to preserve the system of exploitation which is the whole fault of the present terminal consequences.

3. Proving the benefits of mathematically perfected economy™ then, the most they're bound to accomplish will be by re-structuring loans at reduced interest. Their hope there will be first to blast the banks with future capital from a people they have already bankrupted, saddling them of course with vast further debt which they cannot pay, only so that "troubled banks" (satellites) can pay the central bank for our promises to pay, which the central bank issued at virtually no cost whatever.

At best then, they buy some little time at which we skate the edge of marginal solubility until a diminished rate of unjustified interest yet still multiplies debt into terminal debt. In the end of all that, you'll eventually arrive at practically mathematically perfected economy™, except by necessity of eradicating interest against such monumental artificial debt, that the best you can do is skirt the edge of solubility.

There is no solution or justice then in preserving the unassented system of exploitation; and this very paradox describes the real political problem of our time.


Bob Chapman wrote:
Gold always has been and always will be the only safe option.

As we know, any system, proposition, or principle is only as strong as its weakest part.

a. If you let the system of exploitation collapse, there will be no money to buy gold; and hence little if any remaining, marketable value.

b. If you try to preserve the system of exploitation by said only avenue to do so, marginal solubility leaves the practical "value" of gold to pretty much the same circumstances of perpetual near failure.

c. Only under mathematically perfected economy™ on the other hand do you have full leeway for gold to reap its natural value under a circulation which naturally raises a dedicated sector, wholly capable of and dedicated to that purpose:

http://perfecteconomy.com/wp/2009/01/25/how-mathematically-perfected-economy-shakes-out-for-gold/




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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 Post subject: Re: Run on Banks - A Professional Run Has Begun
PostPosted: 31 Jan 2009, 11:44 am 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
I am searching for the root-cause of this massive madoffing of population express in today's runs on banks. This is what I have found to be interesting.
Robert I. Millonzi, Commissioner United States Securities & Exchange Commission wrote:
This forum has a very fine reputation.....a subject which interests me & which from time to time must surly intrigue all of us - that subject is the changing role of corporation in our lifetime.
At law school I was taught that a corporation is a person.
This notion struck me as being so utterly absurd that it has stay with me to this day
.
The fact is; however, that from an artificial entity granted the power to hold property & to make contracts,
which is what it appeard to be a generation ago, the modern corporation has become endowed with traits more nearly personal & human. The large, streamlined American corporation has socila responsibilies; & it even has a heart.???? The epoch in which corporations have reached this maturity has also been marked by an expansion of Government activity in economic channels."

Experts from the Address of Robert I. Millonzi, Commissioner United States Securities & Exchange Commission to the Calvin Bullock Forum One Wall Street, New York, New York, January 24th, 1952
PDF link:
http://www.sec.gov/news/speech/1952/012452millonzi.pdf

mathematically perfected economy™

Well, I express serious doubts that today's corporations have a heart, - they don't have a heart, but what they have in a chest-cage is wallet.

mathematically perfected economy™ economy with a heart. - this would have some appeal for valentines day. This could be our campain slogan for Valantaines day 2009.




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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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