REGISTER Log On/Off
Welcome Anonymous
Main Menu
Main Pages
QandA Top 10 Question Answer News Home Operations Front Page Supporters CPGlang login Treasury Search Forums & Pictures Find Out About Us Surveys & Archive Members options Personal |
---- The only Rule of Liability for bad debts an exchange(XC) based society that uses a debt backed currency, i.e. "This note is l;egal tender for all debts public and private." is to make all lenders, especially banks, swallow bad debts; OR the Quantity of Goods & Services XCed will decline by much more than the percentage of MONEY SPENT ON MAKING LENDERS WHOLE. This follows from my refutation of Ronald Coase's Theorem, "The Problem of Social Cost" Journal of Law & Economics October 1960. Coase's Theorem........... IMPLICATIONS For Present World Economy[align=center]
Until we make the lenders and banks who made the dishonest, illegal, and stupid loans swallow the bad paper, the world economy can not recover. The huge price increasesz brought about by excess credit demand must fall so that smaller incomes can afford to reinvest and start up procuction again. 1. When you hear the words "to big to fail", the bank or corporation is to big and must be split up, its assets sold at bankruptcy auction; so a new honestly capitalized bank can begin making loans instead of paying off its inept and dishonest owners and lenders. 2. A liberal bankruptcy law ,must be passed ASAP, i.e. in the USA must go back to the pre 2006 law without exceptions. You go bankrupt, you keep nothing except $5000 in personal assets and an old car. The lender will be more careful in the future. In reality, using out federal, state and local governments to favor big corporations is l9iterally insane. They have behaved like wannabe aristocrats. An aristocracy is the antithesis of a society of equal citizens before the Law. All times are UTC |
Seeing Ourselves
Why rising CO2 levels Can NOT cause global warming. Climate Fraud Whistleblower Rewards Program Einstein's "Missed Implication", relativity's base reference frame. Why remaining a "Three Monkey Society"(3MS) will kill us all. A Poker Story: When to take insurance. How to Measure the causes of "Global Climate Change" thru time using 2-D. How True Facts Backfire Why Logical & Observational Discrepancies drive Scientific Theory making. The Biggest Discrepancy common to present Scientific Theories How to see causal premise required to create a GUT. The negative effects of nitrogen fertilizers Forums Last posts
Last 10 Forum Messages Latest Articles
Disconnect Links
Proof E-Ts do secret business with USA govt. Sirius Disclosure Project Eyewitness evidence USA Govt. does face to face E-T contacts. e.g. Over 800 USA govt witnesses who swore publicly before Congress they dealt face to face with E-Ts. This climate url shows why much of our scientific establishment is corrupt. Why rising CO2 levels Can NOT cause global warming. Cimate Fraud Whistleblower Rewards Program These links deal directly with How to Prevent our Sun from exploding. How do we prevent our Sun from exploding July 16, 2024 How to find the two conjunction asteroids shown in the "Missing Earth" crop circle. This math is required.
How to use a circle to relate 'e' to Phi.Confirming objective reports.
National UFO Reporting CenterCrop Circle Connector 2-4-2017 Needed A-M debt Disconnection Tools, Measurements & Must Do's HOW can we get these tests DONE? Contact Congress The Latest Changes Made To Site Visitors
|