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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: Who is Peter Orszag? (Iceland Connection)
PostPosted: 13 Feb 2009, 9:15 am 
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Joined: 08 Nov 2008, 8:21 pm
Posts: 248
Who is Peter Orszag?

One of the key players in the Obama administration’s $900 billion economic stimulus package is Obama’s new budget director Peter R. Orszag. Orszag, 40, is the director of the Office of Management and Budget, the arm of the White House responsible for crafting the federal budget and overseeing the effectiveness of federal programs. He worked closely with Rahm Emanuel in the Clinton administration - when the disastrous NAFTA was passed - and was one of the first Obama appointees to be approved.

Oddly, Orszag’s background has received virtually no attention in the media. At this critical moment, however, it would be foolish to ignore the troubling background of Obama’s budget director, which deserves to be looked at very carefully. Orszag, for example, could start by explaining exactly what happened to the Icelandic economy. Orszag was, after all, the founder and president of the economic consultancy firm which advised the Central Bank of Iceland - before it went bankrupt. How did Icelandic banks become so indebted? Ask Peter Orszag.

Orszag is an economist who served six years in the Clinton administration (1993-8) under Robert E. Rubin, the former treasury secretary who recently resigned from his senior position at the woefully mismanaged and nearly bankrupt Citigroup. The fact that Orszag was a protege of the now disgraced Rubin certainly does not bode well for the Obama administration.

In 1998, after serving in the Clinton administration, Orszag co-founded an economic consulting group company with his brother and Joseph Stiglitz called Sebago Associates, where he served as president through 2007. The firm's clients have included the World Bank, the Nordic Council of Ministers, and most notably, the Central Bank of Iceland. The once prosperous economy of Iceland has been devastated by the current economic crisis, which its citizens say was carried out by a gang of financial criminals who followed disastrous policies and advice - provided by Peter Orszag and Company.

Americans need to be vigilant with dangerous "Young Turks" like Peter Orszag and Rahm Emanuel running the Obama White House and the U.S. budget.


http://www.bollyn.info/home/articles/po ... ack-obama/




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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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