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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: Expose of Who Caused the Global Financial Crisis
PostPosted: 17 May 2009, 1:35 pm 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
"Who are the guilty parties?"

Source of text & photos:
http://www.biblelife.org/crisis2008.htm

Quote:
Image
Guilty Couple No. 1 - President Bill Clinton and Hillary Clinton (Democrats) promoted and approved a bill in 1996 to allow Freddie Mac and Fannie Mae to accept mortgages from poor, low-income home buyers who had no down payment and no verification of their ability to repay the mortgages. The down payment for conventional mortgages in previous years was 25%, but the new requirement was lowered to zero, none. This was a credit bomb in the making. The Clintons built a default trap. The reduced mortgage requirements were promoted to allow and encourage poor, inner city blacks to buy a home in the suburbs. This bill was a pure Marxist attempt to provide government support for single-moms and irresponsible, lazy people sluggards. Hillary Clinton, being a liberal feminist, has been fighting against God's ordained plan for mankind that a family shall be a man and a women bonded in marriage with children to follow. Liberal feminist want to raise illegitimate children without a man in the house. Well, God won. The single-moms defaulted on the house mortgage and have move back in with her parents who incorrectly thought they were finally rid of the liberal-feminist fornicator.

In 1999 the requirements for approval of a mortgage by Freddie Mac and Fannie Mae were reduced even further to allow home buyers to obtain adjustable rate mortgages (ARMs) based on the Federal Fund interest rate. These people were allowed to sign long-term loans based on variable short-term interest rates. President Bill Clinton and his wife, Senator Hillary Clinton, should be charged with treason. They are the worst enemies of the poor, inner city blacks and illegal Mexicans who foolishly believe the Clintons are their best friend.

On October 14, 2008 Senator Hillary Clinton said, "It breaks my heart to see the U.S. in an economic crisis eight years after Democrats left the nation in sound fiscal shape." Wow! What a cover-up. Hillary Clinton was the author of her husband's policy in 1996 to relax mortgage requirements. Senator Clinton is pointing her finger at others, but she is the prime culprit responsible for our present mortgage and credit crisis. Bill was busy "training interns" at the time. Hillary is the prime culprit.


Full list of the guilty (7) at the Source of text & photo:
http://www.biblelife.org/crisis2008.htm

MS Note:
Surprisingly the Bible life website does not mention the main guilty which is USURY.




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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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