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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: Latvian GOV collapses - follows Iceland into eCON-turmoil
PostPosted: 22 Feb 2009, 2:47 pm 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
waynemadsenreport.com wrote:
Today's News, February 21-22, 2009

RED STORM RISING
Paraphrasing Denis Diderot: "Man will never be free until the last king is strangled with the entrails of the last banker." Banker was originally "priest."

Protest in Odessa, Ukraine. ITAR-TASS 21 Feb.09. "Over 5,000 people protested in front of the Odessa regional administration on Saturday, demanding the dismissal of the president, the prime minister and the national parliament. The protesters, mainly left-wing party activists, complained about an unstable political and economic situation in the country and the dwindling quality of life. This is the biggest protest in Odessa over [recent] years." No URL available.

Pensioners protest in Yekaterinburg. Ekho Moskvy, 21 Feb. 09. "Pensioners have blocked the crossing of Ulitsa Lenina and Ulitsa Moskovskaya in the centre of the city. This is a protest against pension reforms. The local branch of the CPRF (Communist Party of the Russian Federation) was the organizer of the rally." No URL available.

Anti-capitalist protest in Ireland. 100,000 hit streets of Dublin. Video of protest.

Economic protests spread to Kazakhstan. Protesters call for sacking of Prime Minister in dictatorial state. One protester waved portrait of Che Guevara. Socialist Resistance Movement helps organize protest. Our web statistics show that they are reading WMR in Kazakhstan.

RFO Guadeloupe TV on strike. Unions protest centralized broadcasting to detriment of local programming. Opposition to French government's media grab also reported from Reunion and New Caledonia. AFP Domestic. Feb. 20, 2009. No URL available. Neocons like Sarkozy hate a free press.

english.aljazeera.net wrote:
Latvian government collapses. Latvia follows Iceland into economic turmoil.

Latvia's four-party ruling coalition has collapsed after weeks of political squabbling and economic turmoil. Ivars Godmanis, the prime minister, resigned on Friday and Valdis Zatlers, the president, called for talks to forge a new government to tackle the deepening economic crisis in the country.
"On Monday I will start consultations with all the political parties in parliament ... on the formation of a new government," Zatlers said.
http://english.aljazeera.net/news/europe/2009/02/2009221165432216991.html


Estonian government survives no confidence vote over economy. Vote comes after huge budget cuts.Tourists leaving Guadeloupe as civil war looms. Martinique also paralyzed by workers' strikes with demonstrations now reported in French Guiana and Reunion.

Tonga extends emergency rule to prevent repeat of 2006 riots. Ships and vehicles can be searched without warrant.

Thai "Red Shirts" set to rally during ASEAN Summit in resort of Hua Hin. Government fears violence.

Between 8,000 and 10,000 people demonstrated in Fort-de-France (capital of the French overseas territory of Martinique) on 19 February in support of the "5 February collective" which has been leading a general strike. AFP, Feb. 19, 2009. No URL available.

Over 200 workers encircle battery factory in Shenzhen Lowu district to protest movement of factory assets to other locations. Ta Kung Pao (Hong Kong), Feb. 20, 2009. No URL available.

Macedonia receives 15 trained anti-riot horses, Skopje Dnevnik, Macedonia, 20 Feb. 09. Utrinski Vesnik, Skopje, Feb. 20, 2009, Drop in foreign currency reserves will inevitably lead to denar's devaluation, experts warn. URLs not available.

World stocks plummet after Wall Street's steep fall. Asian and European exchanges falter.
Quote:
Citibank stops all lending in Denmark. Danish customers of bank face financial woes.
Citibank stops all lending in Denmark - Google Search

1. Citibank has cut all lending in Denmark - Credit Writedowns

"Pingback from Citibank has cut all lending in Denmark - VicktorCapitalist. February 20th, 2009 @6:25 am. mygif. Pingback from TheTraderBlog.com » Citi Stops ..."
http://www.creditwritedowns.com/2009/02 ... nmark.html

2. Robert Shiller: “It’s not likely to be quickly over” - Credit ...

"20 Feb 2009 ... Edward Harrison… in Citibank has cut all lending in Den… ... foreshadow an ugly unemployment number (5); Denmark wants in on the Euro (3) ..."
http://www.creditwritedowns.com/2009/02 ... -over.html

3. [bad word].com - Is Citigroup bankrupt? Citibank stops all lending ...

"Citibank stops all lending in Denmark (karma: 2) en>fr fr>en. By RockoftheMarne Comments: 17860, member since Fri Mar 21, 2003. On Thu Feb 19, 2009 01:03 PM ..."
http://www.[bad word].com/topic/3355648 ... &replies=4

4. TheTraderBlog.com » Citi Stops Lending

"Citibank has cut all lending in Denmark:. This comes from the Danish daily Berlingske Tidene. It suggests that Citibank is cutting back all international ..."
thetraderblog.com/?p=2006

5. Citibank has cut all lending in Denmark - Democratic Underground

"20 Feb 2009 ... Citibank has cut all lending in Denmark. ... If you stop making loans, payback is a non-issue, no? “If that happens, customers may try to ..."
http://www.democraticunderground.com/di ... =114x57633

6. Twitter / Marc Parent: Citibank Stops Denmark Len ...

"Citibank Stops Denmark Lending, Possible Sign Of Impending Bankruptcy http:// tinyurl.com/dblbjy about 11 hours ago from web. Vendettaknives-1_bigger ..."
twitter.com/mparent77772/status/1232121362

7. Denmark - Europe - World - news

"Denmark: SIAD to run for parliament Political association Stop Islamiseringen af Danmark ... Citibank has cut all lending in Denmark - Credit Writedowns ..."
http://www.wikio.com/world/europe/denmark

8. Harvey Organ's - The Daily Gold

"and Citi stops all lending Denmark:. http://www.creditwritedowns.com/2009/02/ citib ank-has-cut-all-lending-in-denmark.html ..."
harveyorgan.blogspot.com/

9. UKC Forums - Feb: House and Credit Crunch thread

"19 Feb 2009 ... Citibank has cut all lending in Denmark ... to be the biggest bank in the world, has decided to stop lending money overseas. Utter bollocks. ..."
http://www.ukclimbing.com/forums/t.php?t=343002

10. Zero Hedge Feedage.com

"6 Feb 2009 ... This, unfortunately, is the pattern with all other state retirement funds, ..... Citibank stops all lending to Denmark (Credit Writedowns) ..."
http://www.feedage.com/feeds/2933988/zero-hedge

Source:
http://www.waynemadsenreport.com/




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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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