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| | #1 (permalink) |
| Volcanic Erupter Location: Oregon
Posts: 6,031
| mathematically perfected economy 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. YouTube - Broadcast Yourself. I speak controversy so we have something to talk about. Don't take me too seriously. |
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| | #6 (permalink) |
| Volcanic Erupter Location: Oregon
Posts: 6,031
| I offered information. You all can ignore it or take advantage of it. Personally, I have no interest in debating the subject. $1,000 for a hundred years is $100,000 right? The cost of the home is $100,000. I speak controversy so we have something to talk about. Don't take me too seriously. |
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| | #9 (permalink) |
| Volcanic Erupter Location: Oregon
Posts: 6,031
| To provide information. We are in a crisis and we need to understand it and what to do about it. It is obvious people are responding without looking at the information. Shouldn't people check out the information if they want to discuss the topic? Here are some arguments for those who only want to argue. Thomas Jefferson 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. SIR JOSIAH STAMP, FORMER 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." ABRAHAM LINCOLN "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." "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." mike montagne WHY SO MANY CANDIDATES EVADE MATHEMATICALLY PERFECTED ECONOMY™ As none of the present players will commit to the arguments which ostensibly justify usury, we must decipher why; and the answer to this question hinges on another: If the purposes of evasion were legitimate, why not justify in absolute terms how we can even maintain a vital circulation without suffering perpetual multiplication of debt to ever greater detriment? If the central banking system were not imposed, this question would have been answered in 1913. It is because this obvious and crucial question cannot be answered that evasion is consistent instead with recognizing alternative arguments can only be defeated by the foundations of mathematically perfected economy™. This makes all evaders culpable for our oppression, for nothing less than mathematically perfected economy™ can serve us. Until we settle for nothing less than full accountability then, we will have neither accountability, representation, or solution. PEOPLE For Mathematically Perfected Economy™ [PFMPE™] | HOME — SOLUTION, PURPORTED MONETARY REFORM, OR INHERENT FAILURE BY INTEREST? I speak controversy so we have something to talk about. Don't take me too seriously. |
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| | #10 (permalink) |
| Moderator
Posts: 3,747
| But this isn't a bulletin board, or a chat forum, Athena. If you don't want to debate topics, don't introduce them. It seems to me that starting topics then getting angry with people when they start to "argue" them, as you put it, is a recipe for a lot of stress in your life. |
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| | #11 (permalink) |
| BANNED
Posts: 576
| And Athena, I've looked into the economy, rest assured I seem to be one of few people on here capable of grasping it... but your recommendation is bad. Why would a bank loan out money it won't get back for 100 years? That's way too high of a risk for a loan, and those banks would be in just as bad of a spot as they are now. Additionally, for a house to last 100 years, assuming its design was fairly small and box-like could be built for about $10,000-$15,000 depending on where you lived. |
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| | #12 (permalink) | |
| Resigned Location: Reading, UK.
Posts: 8,131
| Athena, you want to promote something, I suggest you contact the management about paying for advertising. Otherwise, such posts are nothing but spam.
I spent a lot of money on booze, birds and fast cars. The rest I just squandered. -George Best, on being asked what he did with his footballing fortunes. | |
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| | #13 (permalink) | |
| Volcanic Erupter
Posts: 6,229
| Quote:
Most use treated pine for framework and that wood will never last 100 years. It needs to be built from more solid wood like oak or rimu. Which will up your cost estimate considerably. | |
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| | #14 (permalink) |
| Amateur stripper | So this is a new idea that would directly reverse the present situation, and it sounds good at first. If people were to pay alona back over a hundred years, the finance would be enormous, as everyone would buy a home. That means that the banks would need to come up with the capital, but it is basically gauranteed to come back in those small amounts as everyone can afford it. If there is a guarantee like this, they could add interest to the loans to bump it up a little, making their own futures look bright. So where do the banks come up with the capital? They could go to the reserve and borrow enough for this undertaking, and the fed has great capital at it's disposal. If the consumers put up their own down payments of whatever they have - maybe as a prerequisite - they could do this. If one person takes out a loan of that size and puts down a intial bigger payment, that money goes into the bank helping them finance the next deal. After about a thirty people they will have had one loan paid off, and can start on the next one. The pivotal point here is how much they can front for their houses, as that will finance the deal. Alternatively they could buy the house directly and then sell it to the people. This means the bank will have the actual asset in their books to finance the rest of the deal. If the banks own the houses, and basically let them to the people, there should be no problem as they actually have the assets in hand to use as credibility for more financing. Going to my destruction! |
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| | #15 (permalink) |
| Lurks too much
Posts: 63
| Noooooooo. The reserve does NOT have capital. Paper transactions do not equal capital. This argument doesn't factor in externalities and ignores the current structure of our markets now. The recession doesn't mean that the markets do not work. |
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| | #16 (permalink) | |
| BANNED
Posts: 576
| Quote:
I've built with redwood, which is quite spectacular, but even then the red wood doesn't last as long as that disgusting green pressure treated wood. | |
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| | #17 (permalink) |
| Ncp Rights Activist Location: Iowa
Posts: 1,515
| The home I live in in at least 80 years old, houses are not made out of the type of materials required for a home to last this long anymore, they are all made of cheap junk that's designed to fall apart quickly so you have to pay double what you purchased the house for to maintain and upkeep it. Athena's idea is silly it leaves no room for basic rational understanding of the purchase of a home. Saving the empovershed by empoverishing their counterparts will empoverish the whole. |
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| | #18 (permalink) |
| Amateur stripper | If the reserve makes money based on assets, and they don't want to make assets, due to the large number of people in the world, there won;t be enough money. If the states were to borrow money and buy all the outstanding assets in the world - that haven't been paid for, they could have the actual assets of the world all for themselves. There is no pressure on them to bring the money in, as the fed doesn;t charge interest on the loan, then they can stagger it out placing more money into the money owed to them, rasing more capital. Then with all the money resting in one place, they can loan money to other countries to finance growth. While owning all the assets they can afford to grant loans to other countries, so while they still have their equipment it won;t matter if they pay a little less. Same principle as the hundred year home loan, but this covers all assets, and then they can raise more cpaital for themselves and others. By focusing all the pressure on one place there is unity with the focusing of money. If, for example there were one bank for the whole world, they would be gauranteed of having all the customers and getting paid, slowly though. A monopoly is more profitable for the monopoliser, and then the whole world can benefit too, by actually having a world bank. Going to my destruction! |
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| | #19 (permalink) | |
| Volcanic Erupter Location: Oregon
Posts: 6,031
| Quote:
I speak controversy so we have something to talk about. Don't take me too seriously. | |
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| | #20 (permalink) | ||
| Volcanic Erupter Location: Oregon
Posts: 6,031
| Quote:
Quote:
Now a mobile home is another thing. A mobil home in a mobile home park is a terrble trap, as the rent on the land increases while the value of the home decreases. The land owners can make rules that prevent a person from selling the home, and other factors make the expense of moving the home excessive. It is a terrible mistake to buy a moblie home and put in on rented land. I speak controversy so we have something to talk about. Don't take me too seriously. | ||
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