HOME, SYNOPSIS, SITE DIRECTORIES AMENDMENT BLOG FORUM GLOSSARY TESTIMONIALS FREE NEWSLETTER CONTACT JOIN PFMPE™

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

Forum rules


Posts must be polite, constructive, and on topic. No unsupported claims, no unqualified assertions. Spam is reported to the offending IP, with loss of posting privileges. You may post links to *related*, constructive material meeting these standards only.



Post new topic Reply to topic  [ 1 post ] 
Print view Previous topic | Next topic
Author Message
 Post subject: FEDGOV $65.5 Trillion obligations exceed world GDP
PostPosted: 14 Feb 2009, 9:38 am 
Offline

Joined: 29 Jan 2008, 6:06 pm
Posts: 731
The First Global Bust Report 2008
Henry M. Paulson Jr, 'The First' Secretary of the Treasury wrote:
.."in this unprecedented situation.."
Source of the text:http://www.fms.treas.gov/fr/08frusg/08treas.pdf

Image

Image

Image

Image

Image

Image

John Williams wrote:
"The appetite of foreign buyers to purchase continued trillions of U.S. debt has become more questionable as the world has witnessed the rapid deterioration of the U.S. fiscal condition in the current financial crisis," Williams noted.

Image

"Truthfully," Williams pointed out, "there is no Social Security 'lock-box.' There are no funds held in reserve today for Social Security and Medicare obligations that are earned each year. It's only a matter of time until the public realizes that the government is truly bankrupt and no taxes are being held in reserve to pay in the future the Social Security and Medicare benefits taxpayers are earning today."


Visualization of Global Economics 1500 AD - 2000 AD
Image

www.wnd.com wrote:
Federal obligations exceed world GDP

Image
The image source:http://www.shadowstats.com

As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world.

WND Exclusive MONEYNETDAILY
Federal obligations exceed world GDP Does $65.5 trillion terrify anyone yet?
Posted: February 13, 2009 11:35 pm Eastern By Jerome R. Corsi © 2009 WorldNetDaily

As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world.

The total U.S. obligations, including Social Security and Medicare benefits to be paid in the future, effectively have placed the U.S. government in bankruptcy, even before new continuing social welfare obligation embedded in the massive spending plan are taken into account.

The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the "2008 Financial Report of the United States Government" as released by the U.S. Department of Treasury.

The difference between the $455 billion "official" budget deficit numbers and the $5.1 trillion budget deficit cited by "2008 Financial Report of the United States Government" is that the official budget deficit is calculated on a cash basis, where all tax receipts, including Social Security tax receipts, are used to pay government liabilities as they occur.

2008 Financial Report of the United States Government Complete Report (2,694 KB) Tread
http://www.fms.treas.gov/fr/08frusg/08frusg.pdf

Source:
http://wnd.com/index.php?fa=PAGE.view&pageId=88851


Image

Image

Image

Image

Image

Image
The images source:
http://www.shadowstats.com




Top
 Profile E-mail  
 
Display posts from previous  Sort by   
Post new topic Reply to topic  [ 1 post ] 

All times are UTC - 8 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron

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.



Powered by phpBB3 © 2000, 2002, 2005, 2007 phpBB Group.

© COPYRIGHT 1979-2009 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.COPYRIGHT 1979-2009 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED. TRADEMARKS: PEOPLE For Mathematically Perfected Economy™, Mathematically Perfected Economy™, Mathematically Perfected Currency™, MPE™, and PFMPE™ are trademarks of mike montagne and PEOPLE For Mathematically Perfected Economy™, perfecteconomy.com. ALL RIGHTS RESERVED.

Firefox™.BEST VIEWED WITH MOZILLA FIREFOX™.


Search perfecteconomy.com     Search Web