PEOPLE For  Mathematically Perfected Economy™ (PFMPE™)  :  mathematically perfected economy™ (MPE™) is the singular integral solution to 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. Mathematically Perfected Economy™ is every prospective debtor's right to issue their promise to pay, free of extrinsic manipulation, adulteration, or exploitation of that promise, or the natural opportunity to make good on it.

MORPHALLAXIS, January 14, 1979.

POST REVOLUTION ATTEMPTS TO IMPOSE USURY SUCCEED IN THE UNCONSTITUTIONAL DECEPTIONS OF THE FEDERAL RESERVE ACT

THOMAS JEFFERSON

"Against us are all timid men who prefer the calm of despotism to the boisterous sea of liberty. We [therefore] are likely to preserve the liberty we have obtained only by unremitting labors and perils."

"The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first."

"The spirit of resistance to government is so valuable on certain occasions that I wish it to always be kept alive. It will often be exercised when wrong, but better so than not to be exercised at all."

If the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property, until their children wake homeless on the continent their fathers conquered.

"Ignorance is preferable to error; and he is less remote from the truth who believes nothing, than he who believes what is wrong."

"The system of banking is a blot [defect] left in [unsolved by, and unfortunately tolerated by] all our Constitutions [state and federal], which if not covered [eventually solved and revoked] will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity [on the greatest possible scale]."

"The end of democracy and defeat of the American Revolution will occur when government falls into the hands of the lending institutions and [their] moneyed incorporations."

JOHN KENNETH GALBRAITH

The study of money, above all other fields, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.

Mayer Amschel Rothschild, father/founder of The Bank "of" England

"Let me issue and control a nation's money, and I care not who writes its laws."

SIR JOSIAH STAMP, PRESIDENT OF THE BANK OF ENGLAND

"Banking was conceived in iniquity, and born in sin. Bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them, and all great fortunes like mine will disappear. And, they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be the slaves of the bankers, and pay the cost of your own slavery, then let bankers continue to create money, and control credit."

PRESIDENT JAMES MADISON

President James Madison.

"It is proper to take alarm at the first experiment on our liberties. We hold this prudent jealousy to be the first duty of citizens, and one of the noblest characteristics of the late Revolution. The free men of America did not wait until usurped power had strengthened itself by exercise and entangled the question in precedents. They saw all the consequences in the principle, and they avoided the consequences by denying the principle."

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance."

Edith Hamilton

When the freedom they wished for most was the freedom from responsibility, then Athens ceased to be free, and never was free again.

PRESIDENT JOHN ADAMS

President John Adams.

LETTER TO THOMAS JEFFERSON:

"All the perplexities, confusions and distresses in America arise not from defects in the Constitution or confederation, nor from want of honor or virtue, as much from downright ignorance of the nature of coin, credit, and circulation."

PRESIDENT WOODROW WILSON

President Woodrow Wilson.

"I am a most unhappy man. I have unwittingly ruined my country.

A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation therefore, and all our activities, are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

AYN RAND

Ayn Rand.

"When force is the standard, the murderer wins over the pickpocket, and then that society vanishes in a spread of ruins and slaughter. Do you wish to know whether that day is coming?

Watch Money. Money is a barometer of a society's virtue.

When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need permission from men who produce nothing — when you see that money is flowing to those who deal, not in goods, but in favors — when you see men get richer by graft and pull than by work, and your laws don't protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that our society is doomed.

Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. Whenever destroyers appear among men, they start by destroying money, for money is men's protection, and the base of a moral existence."

Michael Rivero

Most people prefer to believe their leaders are just and fair even in the face of evidence to the contrary, because once a citizen acknowledges that the government under which they live is lying and corrupt, the citizen has to choose what he or she will do about it.

To take action in the face of a corrupt government entails risks of harm to life and loved ones. To choose to do nothing is to surrender one's self-image of standing for principles. Most people do not have the courage to face that choice. Hence, most propaganda is not designed to fool the critical thinker, but only to give moral cowards an excuse not to think at all.

CONGRESSMAN LOUIS T. MCFADDEN

Congressman Louis T. McFadden served as Chairman of the House Committee on Banking and Currency from 1920 thru 1931. The following excerpts are from a speech which is now difficult to obtain from the Congressional Record, in which he addressed the House of Representatives in the midst of the first Great Depression, June 10, 1932.

INTRODUCTORY REMARKS

Mr. Chairman, at the present session of Congress we have been dealing with emergency situations. We have been dealing with the effects of things, rather than the cause of things.

In this particular discussion, I shall deal with some of the causes that lead up to these proposals. There are underlying principles which are responsible for conditions such as we have at the present time, and I shall deal with one of these in particular which is tremendously important in the consideration you are now giving this bill.

Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks.

The Federal Reserve Board has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and iniquities of the Federal Reserve Board and the Federal Reserve Banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself; and has practically bankrupted our government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.

Some people think the Federal Reserve Banks are United States Government institutions. They are NOT government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.

In that dark crew of financial pirates there are those who send money into states to buy votes to control our legislation; and there are those who maintain an international propaganda for the purpose of deceiving us and of wheedling us into the granting of new concessions which will permit them to cover up their past misdeeds and set again their gigantic train of crime.

Those 12 private credit monopolies were deceitfully and disloyally foisted upon this country by bankers who came here from Europe. Those bankers took money out of this country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace with Germany and Russia, and thus drove a wedge between the allies in the World War. [WWI]

[Elsewhere in this speech, Congressman McFadden unknowingly testifies that the Federal Reserve is removing sixty billion dollars annually in gold from the U.S. Treasury to finance the military preparations of Hitler for WWII, and even to pay the debts of the corresponding Japanese military expansion to German munitions makers. World War II would occur seven years later.]

They financed Trotsky's mass meetings of discontent and rebellion in New York. They paid Trotsky's passage from New York to Russia so he might assist in the destruction of the Russian Empire. They fomented and instigated the Russian revolution, and they placed a large fund of American dollars at Trotsky's disposal in one of their branch banks in Sweden, so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors. They have since begun the breaking up of American homes and the dispersal of American children.

It has been said that President Wilson was deceived by the attentions of these bankers and by the philanthropic poses they assumed. It has been said that when he discovered the manner in which he had been misled by Colonel House, he turned against that busybody, that "holy monk" of the financial empire, and showed him the door. He had the grace to do that; and in my opinion he deserves great credit for it.

President Wilson was a victim of deception. When he came to the Presidency, he had certain qualities of mind and heart which entitled him to a high place in the councils of this Nation. But there was one thing he was not, and which he never aspired to be: He was not a banker.

He said that he knew very little about banking. It was therefore on the advice of others that the iniquitous Federal Reserve Act — the death warrant of American Liberty — became law in his administration.

CONCLUSION OF SPEECH

Mr. Chairman, last December I introduced a resolution here asking for an examination and audit of the Federal Reserve Board and the Federal Reserve Banks, and all related matters. If the House sees fit to make such an investigation, the people of the United States will obtain information of great value.

This is a government of the people, by the people, and for the people. Consequently, nothing should be concealed from the people.

The man who knows or suspects that a crime has been committed, and who conceals or covers up that crime, is an accessory to it. Mr. Speaker, it is a monstrous thing for this great Nation of people to have its destinies presided over by a traitorous government board acting in secret concert with international usurers.

Every effort has been made by the Federal Reserve Board to conceal its power. But the truth is, the Federal Reserve Board has usurped the government of the United States.

It controls everything here; and it controls our foreign relations. It makes or breaks governments at will. No man, and no body of men, is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve Banks.

These evil-doers have robbed this country of more than enough money to pay the national debt. What the National Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people. The people have a valid claim against the Federal Reserve Board and the Federal Reserve Banks. If that claim is enforced, Americans will not need to stand in bread lines. Homes will be saved. Families will be kept.

The Federal Reserve Act should be repealed; and the Federal Reserve Banks — having violated their charters — should be liquidated immediately. Faithless government officers who have violated their oaths of office should be impeached and brought to trial.

Unless this is done by us, I predict the American people — outraged, robbed, pillaged, insulted, and betrayed as they are in their own land — will rise in their wrath and send a President here who will sweep the money changers from the temple.

mike montagne

Solo bow hunt, self portrait, 7 miles into the North Fork Wilderness.

After all, if irreversible multiplication of debt in proportion to means were unintended, its inadvertent perpetrators would certainly tolerate necessary revision.

The whole existence of the unassented process of the central banks imposed across the world is falsely justified by deception, for no subject populace ever buried itself under a central banking system hoping to pay ever greater costs for nought.

Thus in keeping with the necessary breadth of deception, the so called Federal Reserve System is neither federal, nor a reserve of anything. It cannot serve the people by unearned taking from them — much less by perpetually multiplied unearned taking from them until they are dispossessed of all their industry. Its form of money, being an instrument for ever multiplied unearned taking even to collapse, is solely destructive to free enterprise, and mutually exclusive to true free enterprise.

Because the currency of the so called Federal Reserve System can only multiply debt in proportion to means, the private, unassented banks which comprise the so called Federal Reserve imposed their first global failure but 15 years into their co-conspiratorial existence. Yet the process of debt multiplication remains in effect to whatever further dispossession and number of collapses interest can only engender.

How so, if they have not usurped representation?

The deception by which they now hope to reassure those in whom critical thinking is dead, is that the credit masters who never have served us somehow have control of the solely detrimental consequences. But the process multiplies debt in proportion to means; and the process is irreversible. Thus there is no such control: They have simply invented a method of self multiplying stealing which in fact cannot be stopped.

Witting subjects rectify their deprivation. Sheep wait for whatever hand their usurers will deal them.

Theirs is a system no intelligent society would ever authorize.

In fact, no intelligent society ever has.

Wednesday, July 4, 2007

PREFACE

Few people realize that an insubvertible monetary system is one of the most critical instruments of a free nation, or that our own history is marked by perpetual and eventually succeeding attempts to dispossess us of our commerce and production by subversion of the monetary system.

One of the most mindless slogans today is, "They hate us for our freedom." If Americans (not America) are hated today, it is not for our freedom, but instead for our abuse and forfeiture of it.

It is the degeneration of the intellect, vigilance, and knowledge even of our own history; it is the vanquished understanding of the original vision of America; and most of all it is the imposed consequences of that degeneration which are resented, for the government we have lost control of is responsible for severe oppression across the world. The original America and its exalted ideals, and the present thinly veiled imperialism, are mutually exclusive concepts. America won its independence from usury and imperialism, because it was incontrovertibly opposed to them. The present plutocracy is not just exceedingly dangerous — this very moment it threatens to destroy, forever if possible, the very ideals which the original American experiment gave so much to establish.

Even the most cursory exploration of the issues discovers not that we are directed by the original principles which conveyed the recent, former America to the world standard of true prosperity. Nor is the present subversion of those exalted principles what originally raised America as the bedrock of the rights to life, liberty, and the pursuit of happiness which all people seek. Mindless spectators of falsified prosperity purported to exist in derivatives, over-extended income, and vast, vanished industry under stupendous sums of artificial debt, only make us the roadway for usury to roll over us. In our content with all the undermining of those original principles, the present American makes not only America, but the world, the hapless object of looters to the last days of the last republic.

Thus to mindlessly assert "They hate us for our freedom," is to deny the degeneration of liberty and denial of representation which can only ensue forfeiture of the people's monetary system to predation; and worse, it is to deny that the original vision of America is still the hope of the world.

Unbeknownst to most present Americans, and beyond the cares of most Americans, America is not only the central home and seat of usury across the world, but the very instrument by which usury, and the denial of representation which must accompany it, are imposed everywhere. The way for these objectives, which the history of humanity will never raise aside the original concept of America, could only be paved by dissolving our own supreme law of the land. This then is the story of the unassented reduction of that document to an ignored paper, because it is the best hope to save us.

If it hangs now by a thread, so too does the future of humanity.

BASIC HISTORY OF USURY IN THE UNITED STATES

JEFFERSON IDENTIFIES THE IMPROPRIETIES OF USURY

Thomas Jefferson.

In the wake of the American Revolution, the struggle between global usurers and free enterprise was not over.

Foreign banks anxious to prey upon American industry had already established many powerful branches here, and, with the purpose of consolidating the power to do so in just such an institution as the colonists had just successfully revolted against, these same bankers attempted to subvert the formative processes of the fledgling nation.

Alexander Hamilton, who in due time would be shot in a duel, represented the banking interests against the people. Thomas Jefferson was their principal representative. Their debates were often the centerpiece of formation, and ultimately Jefferson summarized his arguments against Hamilton and the banking interests before the assembled founders.

Jefferson said, "If the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property, until their children wake homeless on the continent their fathers conquered."

Jefferson may have fallen shy of proposing a) that the only way to solve inflation and deflation is a circulation which is always equal to the remaining value of related assets, and b) that the only way to solve multiplication of debt is by eradicating interest, for it seems a formal theorem would have prevailed among so many like minded founders. Nonetheless, the integral solution may well have crossed his mind, for his assertion identifies both the faults and consequences of interest, inflation, and deflation, even if he arrives only at the threshold of solution, for he has concentrated on the very issues by which usury manipulates the circulation, the cost or value of money or property, and artificial indebtedness.

It is not mere coincidence then for which he is further compelled to register the proposition that the precious metal monetary standard which the founders compromised upon is imperfect. So he admonishes us to perfect economy. Warning that we should not tolerate the system of banking, he says, "The system of banking is a blot [defect] left in [unsolved by, and unfortunately tolerated by] all our Constitutions [state and federal], which if not covered [eventually solved and revoked] will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity [on the greatest possible scale]."

How important is that we solve the irregularities of currencies subject to interest?

He tells us, "The end of democracy and defeat of the American Revolution will occur when government falls into the hands of the lending institutions and [their] moneyed incorporations."

Great foreign debt remained in the wake of the Revolution, and there was great disagreement over how to pay it.

Jefferson was soon off to serve as Ambassador to France. Hamilton, who tirelessly represented the banking interests, endeared himself to Washington. Because Washington knew nothing about financial matters, he largely entrusted the engineering of a monetary system to Hamilton. Hamilton was thus given free license to impose the propositions Jefferson had so capably defeated.

Thus for the combined lack of a veritable economic solution, washington's wanting monetary instincts, and Hamilton's leeway to impose the propositions Jefferson had so capably defeated, the young country immediately suffers the imposition and calamities of not one, but two successive central banks.

Each of these unremarkable institutions engendered the usual turmoil of usury, and suffered a quick end.

PRESIDENT ANDREW JACKSON DISSOLVES THE SECOND BANK OF THE UNITED STATES

President Andrew Jackson.

The brief histories of the first two central banks are marked by turmoil.

Excessively aggressive interest rates, dispossession, and instability brought usury to the fore of public concern. Usurers would learn moderated ambition from these banks' rejections. The eventual concept of consolidating competing banks would rise not from a common intention to serve the people, but from a common need to more carefully coordinate plunder.

The downfall of the Second Bank "of" the United States was dramatic. Interest rates and "financial" policy were fashioned by unmitigated greed. Artificially inconsistent availability of credit, forced industry to fail and fall to the money changers. The people had their fill of foul play and usury. In their contempt for the recklessness of the new government, they elected perhaps one of the strongest, most audacious adversaries of usury ever, one Andrew Jackson.

President Andrew Jackson openly declared war on the Second Bank "of" the United States. He publicly told the bankers, "You are a den of vipers and thieves. I intend to rout you out, and by Eternal God, I will rout you out."

Jackson made good on his promise; and yet while the American people were free of a formal privatized currency subject to interest and manipulation, banking institutions were still allowed to operate here.

Thus interest prevailed among ostensibly competing currencies, and would multiply debt and the wealth of money changers at an ever escalating rate.

ABRAHAM LINCOLN VERGES ON PERFECTING ECONOMY

As Jefferson had warned, this multiplication of indebtedness and wealth consolidated power. Thus in the midst of the Civil War, powerful bankers "offered" Abraham Lincoln unlimited paper to finance the North against the South.

Having left his legal practice to study mathematics prior to his presidential campaign, Lincoln however understood that the whole of the engendered obligations would be unpayable. The unearned profit of the proposition would commit the people to dispossession by interest for eternity. So now Lincoln verges on the prescription for mathematically perfected economy™.

President Abraham Lincoln.

Lincoln's reaction to this offer of unlimited "financing" was unexpected. He determines that a country should issue its own evidences of debt, free of the unearned profit imposed by usury.

After all, the paper of the usurer contributes nothing to the value or integrity of the debt; and of course, there's no justifiable claim to a monopoly of mere paper. Furthermore, contrary to contributing to integrity, perpetual multiplication of debt by interest perpetually destroys the very possibility of servicing all debt — regardless of however credit-worthiness might ostensibly be certified at the origin of a given debt.

Only the integrity of an interest free currency therefore is perpetually undiminished, and can be guaranteed.

Thus Lincoln publishes the circulation on behalf of the people, to achieve their deserved independence from unearned gain.

Historians tell us this currency was "inflationary." But it could be no more inflationary than bankers' paper in terms of units of circulation; and certainly it engendered far less "inflation" of costs, because only the interest attached to a currency drives the price of all things upward by perpetual multiplication of debt.

"The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity."

"No duty is more imperative on the Government than the duty it owes the people to furnish them with a sound and uniform currency, and of regulating the circulation of the medium of exchange so that labor will be protected from a vicious currency, and commerce will be facilitated by cheap and safe exchanges."

"HAZARD CIRCULAR"

An article of disputed origin circulates today, which may or may not have been published by the London Times, and may or may not have referred to Lincoln's currency, which jealous advocates of usury called "Greenbacks." But the article, sometimes called "The Hazard Circular," certainly conveys the purposes and strategic opposition of usury to free enterprise:

"If that mischievous financial policy which had its origin in the North American Republic should become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without a debt. It will become prosperous beyond precedent in the history of the world. The brains and wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe."

"Slavery is likely to be abolished by the war power. This I and my European friends are in favor of, for slavery is but the owning of labor, and carries with it the care of the slaves, while the European plan, led on by [The Bank of?] England, is that capital shall control labor by controlling wages.

The great debt that the capitalists will see to it is made out of the war, must be used as a means to control the volume of money. To accomplish this, bonds [sic, notes] must be used as a banking basis. We are now waiting for the Secretary of the Treasury to make this recommendation to Congress. [Thus confirming the fact of usurpation.]

It will not do to allow the Greenback as it is called (Lincoln's currency) to circulate as money for any length of time, as we cannot control that. But we can control the bonds [sic, notes], and through them the banking issues [multiplication of debt]."

LINCOLN DECLARES THE DANGER OF THE BANKING ESTABLISHMENT

Lincoln declared the ambitions of the banking establishment, and the danger they comprised to the country:

"The money powers prey upon the nation in times of peace, and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies, all who question their methods or throw light upon their crimes.

I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.

[As a further undesirable consequence of the war...] Corporations have been enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed."

Lincoln was probably killed for daring to innovate to the great betterment of the nation, and particularly then for the quality of his understanding of the iniquities of usury.

Not long before he was slain by an orchestrated plot against further members of his administration, Lincoln had a dream in which he heard such loud sobbing in the White House that in his dream he rose to go downstairs, where he found a guard over a casket, and the White House crowded with people. In his dream he asks the guard, "Who has died?"

The guard replies, "The President."

He woke then in such a profuse sweat that days later, with the dream still profoundly affecting his demeanor, he was compelled to recount it at a cabinet meeting, where it remains a matter of public record.

Days later, he was indeed assassinated — from the rear.

ADVENT OF THE SO CALLED FEDERAL RESERVE SYSTEM

IMPOSED, ARTIFICIAL INSTABILITY PRECEDES THE 1912 ELECTIONS

In the wake of the Lincoln assassination, a huge industrial revolution would succeed only to a limited degree of its potential. As a necessity of their ends, the media already was largely owned by the favorite sons of the banking powers, and so, evading blame and meaningful description both, further intended obstructions and takings from the producers of wealth would be given ambiguous names such as "banking panics."

ARTIFICIAL MANIPULATIONS OF USURY

What is a "banking panic?" And/or what are the further irregularities which for a hundred years of purposely shrouding usury, are never sufficiently identified that their cause can be understood as intended manipulation?

Under natural conditions, industry prospers consistently as much as our need and willingness to render production from available resources. So long as resources remain so available, so long as need so persists, and so long as we are so willing to maintain production, we prosper without interruption to the consistent extent predicated by the natural determinants.

INHERENT, PERPETUAL MANIPULATION, DISPOSSESSION, AND OBSTRUCTION OF PROSPERITY BY INTEREST

Usury perpetually subverts these natural sustaining factors by multiplying debt in proportion to a vital circulation.

The circulation is "vital," because without the vital circulation we can neither sustain sufficient commerce nor service the whole obligation comprised by any debt. A persistent presence of circulation is required to do either.

We cannot simply pay off the obligation of a debt subject to interest at some point in the lifespan of a purported economy subject to interest, because from the very moment a usury system begins, the obligation exceeds the circulation. We can pay the initial principal off only at the expense of being deprived of any circulation to sustain commerce. But we can never pay the interest obligation off as well, because it exceeds the whole circulation.

Worse, the whole lifespan of the system perpetually multiplies debt and interest obligations further beyond the original circulation, as we can only maintain the vital circulation by re-borrowing whatever we pay against principal and interest obligations as subsequent sums of debt, increased above the previous sum so much as periodic interest.

The fact such a system inevitably engenders a terminal sum of insoluble debt however only speaks to the final adversity of usury.

From the very initiation of the system, we have the original injustice of being deprived multiples of our production to whatever extent interest increases the obligation above the principal. All this initial unnecessary expense is for the sake of a process which can only perpetually multiply unearned profit, with the supposed necessity of the unearned profit being that earned wealth is at risk, and/or that the process which can only perpetually multiply indebtedness even to terminal collapse somehow endows such a currency with an integrity, that debts can and will be repaid, and/or that the circulation will therefore retain value.

All in fact however are false.

There is no earned wealth at risk. The original money is only an evidence of debt, and it is produced at virtually no cost whatever. Moreover, all further wealth taken by the process is unearned, while any ostensible loss of money from uncollected debt represents no more than the original costs of publishing the evidence of debt.

After all, if Lincoln wasn't right, why was he killed with the more than one hundred years since never producing whatever arguments would instead establish that all this serves the subject people, even so well that they should suffer terminal sums of debt for the purported benefits?

As Lincoln realized, we can and must produce the circulation ourselves. Furthermore, as we have also shown, we can only guarantee the integrity of the currency and our object of repaying debt if and only if we produce the currency ourselves, without interest.

Thus interest perpetually manipulates what circulation can be dedicated to servicing ever multiplying debt, versus whatever diminishing portions of a circulation can be dedicated to sustaining commerce. All the while, profit margins are eroded and/or ever greater costs of production inevitably manifest in price inflation at the ever escalating rate of ever greater sums of periodic interest on ever greater sums of debt.

Thus interest subverts natural, sustainable conditions not only to the ever greater detriment and obstruction of industry, but of the very possibility we can prosper by industry.

MANIPULATING THE COST OF MONEY AND RATE OF MULTIPLICATION OF DEBT

Manipulation of the availability and cost of money take further tolls.

Interest rates are maintained for the sake of maximal unearned profit. Higher rates of interest multiply debt at faster rates, and obstruct industry both from advancing at the rates it is capable of and reaching the prosperity industry is capable of.

Interest rates are generally reduced only so much as allows the ever more burdened host to survive so much as to continue servicing the multiplying sum of debt.

OTHERWISE MANIPULATING THE AVAILABILITY OF CREDIT

Availability of credit is manipulated to the further effects of restricted prosperity and dispossession.

New industry does not thrive simply as a consequence of "finance" subject to interest, for it would certainly thrive moreso if it were not burdened not only by initial costs of interest, but by the costs and increasing restrictions of a circulation dedicated ever moreso to servicing debt.

The full potentials of industry thrive instead for relieving industry of the consequences of interest. "Finance" subject to interest is only initially more beneficial than not being financed at all, if and only if we are deprived of the alternative of publishing our own evidences of debt, without cost, and without perpetual multiplication of cost and dispossession as inherently engendered by a currency subject to interest. Elimination of the alternative of a currency free of usury thus makes it possible for private parties so motivated to dispossess us by a further technique of withdrawing the availability of credit.

New industry and its markets may for instance be financed at interest, thus needing to sustain themselves by perpetually increasing borrowing. The new industry proves at first extremely profitable, and thus makes itself a prime target of predation.

In the fashion of potentially more profitable endeavors, it might originally have gotten off the ground even on insufficient financing. The private "financiers" notice its seeming over-achievement, and by raising interest rates or otherwise restricting credit, they reduce the rate at which the circulation can be replenished. The local circulation deflates. The market and industry recede; and when for these artificially imposed conditions the industry cannot meet the original requirements of the financiers, the latter dispossess the industry from its original entrepreneurs.

SUCH MANIPULATIONS SET THE STAGE FOR THE POWER GRAB OF THE 1912 ELECTIONS

These are the tools and motives of usury; and so prior to the 1912 elections, so much such artificial instability undermined commerce that calls rose for banking regulation.

But the bankers had already prepared the regulation they wanted. From its very inception, the purported regulation was a deception. In the name of regulation, one hundred years of attempted usurpation would finally succeed in consolidating 12 private "Federal Reserve Banks" as a permanent unconstitutional fixture, empowered to multiply debt perpetually for the sake of unearned profit. The private banks of course would be neither federal, nor reserves of anything.

THE 1912 ELECTIONS PROMISE NO CENTRAL BANK

The 1912 election came in the wake of usury's artificial calamities.

In the form of the so called Aldrich Bill, foreign bankers had already drawn up the deception which ultimately becomes the so called Federal Reserve Act. The corrupt Republican Party platform overtly advocated a central bank under this bill and was soundly defeated by a rightly suspicious public. The Democrat party platform on the other hand explicitly promised that if the Democrats were returned to power, there would be no central bank.

Congressman Louis T. McFadden, former Chairman of the House Committee on Banking and Currency from 1920 thru 1931, would address the House of Representatives in the midst of the first Great Depression, on June 10, 1932:

In 1912, the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called The National Reserve Association Bill. This bill is usually spoken of as The Aldrich Bill.

Senator Aldrich did not write the Aldrich Bill. He was the tool of European-born bankers who for nearly 20 years had been scheming to set up a central bank in this country, and who in 1912 had spent and were continuing to spend vast sums of money to accomplish their purpose.

The Aldrich Bill was condemned in the platform upon which Theodore Roosevelt was nominated in the year 1912; and in the same year — when Woodrow Wilson was nominated — the Democratic platform as adopted at the Baltimore Convention expressly stated:

"We are opposed to the Aldrich plan for a central bank."

This was plain language. The men who ruled the Democratic Party then promised the people that if they were returned to power, there would be no central bank established here while they held the reins of power.

Thirteen months later, that promise was broken; and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free country the worm-eaten, monarchical institution of the "King's Bank," to control us from the top downward, and to shackle us from the cradle to the grave.

President Woodrow Wilson established the Federal Reserve despite an explicit campaign promise to the contrary.

BETRAYING THE PUBLIC, WILSON IMMEDIATELY GIVES WAY TO A CENTRAL BANK

As McFadden tells us, on the declared platform, the Democrats prevailed in the 1912 election and immediately betrayed the people, bringing principal players of the Aldrich Bill into the Wilson Administration, where they write the so called Federal Reserve Act from the very script of the so called The National Reserve Association Bill.

Rothschild's dreams of subjugating America would finally come true. Like a thief in the night, on the eve of December 23, 1913, in the Christmas absence of many representatives who opposed it, the so called Federal Reserve Act was passed into contested law. It would begin operation in 1914, little more than a year after Wilson took office.

Wilson, dupe of these international usurers, realized his many grave mistakes too late, and never made any serious attempt to rectify them.

Still he confessed,

"I am a most unhappy man. I have unwittingly ruined my country."

"A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation therefore, and all our activities, are in the hands of a few men. [Confessing usurpation, he said,] We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world — no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."

U.S. veterans are turned from the capitol while the Federal Reserve funds the next world conflict with gold from the American Treasury.

U.S. veterans are turned from the capitol while the Federal Reserve funds the next world conflict with gold from the American Treasury.

THE WORLD'S FIRST GREAT DEPRESSION

Irony and abuse of power of the greatest kind. US veterans, black and white together, fight with troops intent on evicting them from the outskirts of the Capitol. They came only to ask for pay they were promised.

In the 100 years since Wilson admitted the err of his violation of the 1912 party platform, the so called Federal Reserve Act has never even been subjected to public affirmation, much less to repeal or critical reform.

Insulated from either, and left to the relatively unmitigated ambitions of usurers, in a mere 15 years the so called Federal Reserve System would precipitate its first Great Depression.

"Here's a plant that can turn out everything every man woman, and child in this country needs, from potatoes to washing machines, and it's broken down because it can't give the fellow who does the work enough money to buy what he needs with it."

It would cease the readily obtained credit it had liberally issued for stock speculation; and in 1929, the markets would tumble, drawing related sectors of the purported economy under until the whole world was affected.

The so called Federal Reserve would become the real owners of the wealth of the world in just 15 years. The private banks comprising it would leave us to poverty ever afterward so long as they had what they wanted, and so long as it was not otherwise necessary to substantially restore our industry.

HOW THE GOLD STANDARD WAS TERMINATED

In his Congressional Address on June 10, 1932, more than seven years before World War II, Congressman Louis T. McFadden unwittingly reported,

Mr. Chairman, when you hold a $10 Federal Reserve Note in your hand you are holding a piece of paper which sooner or later is going to cost the United States Government $10 in gold, unless the government is obliged to give up the gold standard.

He then carried on extensively, telling how the foreign commodities upon which many Federal Reserve Notes had been issued could scarcely be found. He alleges many of those ostensible foreign commodities may not even exist. He asks,

"Are you going to Germany to inspect her warehouses to see if the specified things of value are there? I think not. And what is more, I do not think you would find them if you did so."

These shipments are not made for profit on exchange, since German marks are below parity against the dollar.

Why should we send our representatives to the disarmament conference at Geneva while the Federal Reserve Board and the Federal Reserve banks are making our government pay Japanese debts to German munitions makers?

Why should our national bank depositors and our government be forced to finance the munition factories of Germany and Soviet Russia?

But then McFadden stumbles into chilling realities which could only be deciphered long afterward, for in 1932 he can have no real idea a further world war is just a few years ahead:

Immense sums belonging to our national bank depositors have been given to Germany on no collateral security whatever. The Federal Reserve Board and the Federal Reserve banks have issued United States currency on mere finance drafts drawn by Germans. Billions upon billions of our money has been pumped into Germany, and money is still being pumped into Germany by the Federal Reserve Board and the Federal Reserve banks. Her worthless paper is still being negotiated here and renewed here on the public credit of the United States Government and at the expense of the American people. On April 27, 1932, the Federal Reserve outfit sent $750,000 belonging to American bank depositors, in gold to Germany. A week later, another $300,000 in gold was shipped to Germany in the same way. About the middle of May, $12,000,000 in gold was shipped to Germany by the Federal Reserve Board and the Federal Reserve banks. Almost every week there is a shipment of gold to Germany. These shipments are not made for profit on exchange, since German marks are below parity against the dollar.

In other words, said transfers of gold from the U.S. Treasury make no financial sense whatsoever. Where is this gold going?

Not even knowing what these facts would ultimately amount to, McFadden tells us:

Mr. Chairman, if Dynamit Nobel of Germany wishes to sell dynamite to Japan to use in Manchuria or elsewhere, it can draw its bill against its Japanese customers in dollars and send that bill to the nefarious open discount market in New York City, where the Federal Reserve Board and the Federal Reserve banks will buy it and use it as collateral for a new issue of Federal Reserve Notes, while at the same time the Federal Reserve Board will be helping Dynamit Nobel by stuffing its stock into the United States banking system. Why should we send our representatives to the disarmament conference at Geneva while the Federal Reserve Board and the Federal Reserve banks are making our government pay Japanese debts to German munitions makers?

Was it for this that our national-bank depositors had their money taken out of our banks and shipped abroad? Was it for this that they had to lose it?

Why should our national bank depositors and our government be forced to finance the munition factories of Germany and Soviet Russia?

In other words, foreign banks granted the privilege over American citizens to publish their money and multiply debt upon them for illimitable profit, are involved in the removal of U.S. monetary gold from the U.S. Treasury to finance the military preparations of Japan and Germany for World War II.

"George Bush: The Unauthorized Biography," (Webster G. Tarpley and Anton Chaitkin) alleges that Adolph Hitler's personal banker was none other than one Prescott Bush.

DISAPPEARANCE OF MONETARY RESERVES MARKED BY REVISIONS OF THE FEDERAL RESERVE NOTE

In the wake of vanished monetary reserves, it would be made unlawful for U.S. citizens to own gold. While the people were forced to give up their gold, the Federal Reserve Note would no longer be redeemable in Constitutional units of currency. The central bank's original obligation would simply be stripped from the notes. The thieves would go free.

Federal Reserve Note prior to removal of gold to foreign principals.
Federal Reserve Note after removal of gold to foreign principals.
Federal Reserve Note prior to removal of gold to foreign principals of Federal Reserve Banks.
Federal Reserve Note after removal of gold to foreign principals.

An interesting feature in the hundred "dollar" bills above is the retention of the vacant shape which formerly housed the stricken pledge, "Will pay to the bearer on demand." Retention of this shape seems to expose a substantial and curious effort to keep us from recognizing differences in the bill which would expose the violated obligation. In other words, bearers accustomed to the stepped border design originally intended to stipulate the obligation on which the currency was issued, might have been drawn to the fact of the abandoned obligation by an appropriate revision of the border. The considerable effort to retain the redundant border design thus lends weight to a probability of intensive ongoing deception, orchestrated even to the degree of such details.

THE FALSE BELIEF THAT WAR REVIVES A PURPORTED ECONOMY COLLAPSED BY INHERENTLY AND IRREVERSIBLY MULTIPLIED ARTIFICIAL SUMS OF DEBT

A common deduction of associating the end of the depression with World War II is that war is good for an "economy." In fact few if any affairs could be as costly as war. But it was industry which ended the depression.

Why did it take a particular industry associated with the prospect of such a war? Because the particular need for that industry was one the people would not have been denied.

Rather than rectify the anomalous system which precipitated the first Great Depression, the currency of unearned gain was retained at the expense of extending the depression for a decade.

A common deduction of associating the end of the depression with World War II is that war is good for an "economy." In fact few if any affairs could be as costly as war. But it was industry which ended the depression.

Why did it take a particular industry associated with the prospect of such a war? Because the particular need for that industry was one the people would not have been denied.

Thus began a second lifespan of the system of usury.

THE SECOND LIFESPAN OF THE SO CALLED FEDERAL RESERVE

Destroyed credit-worthiness would simply be renewed, that the war effort could prevail. Legitimate industry would follow on the heels of the costly effort. With debt dissolved by vast bankruptcy, the new lifespan would begin largely free of the crushing weight which terminated the previous lifespan — but not nearly as free of crushing weight as it would have been under mathematically perfected economy™.

The generations first to buy into the now open properties of a new Monopoly Board would have short memories. It would not be long before they would be arguing with their own progeny that debt imposed no terminal consequence; that "the economy" was so resilient it would endure on and on; that all generations could prosper by selling their own offspring their own homes/production for 10 or 20 or 30 prices. And yet even as they would claim to succeed so, the first players on the new Monopoly Board would leave their own progeny unconscionable public debt.

JOHN KENNEDY AND EXECUTIVE ORDER 11110

Perhaps the next milestone of the litany of the so called Federal Reserve is President John F. Kennedy's Executive Order 11110. Was he killed for it? Who knows? But his modest program to return the production of the people's currency to the people was of course never carried out after his death.

TO THE PRESENT

And so prosperity surges not as a product of a currency subject to interest, but as permitted by a circulation. A circulation which can only multiply debt can only destroy the original conditions, which are subject to the least proportions of debt. Eventually the inherent, irreversible multiplication of debt by interest once again terminates a lifespan of usury.

It is a naked lie to claim achievements within the system of deprivation benefit from its deprivation. Only a currency free of interest permits full, unimpeded prosperity. Only a circulation free of interest, inflation and deflation frees a society from adverse manipulation.

Witting subjects rectify their deprivation. Sheep wait for whatever hand their usurers will deal them.

Theirs is a system no intelligent society would ever authorize.

In fact, no intelligent society ever has.

No, you did not die in vain.

"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."

mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)

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.

© Copyright 1979-2008 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.Copyright 1979-2008 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.

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