In contemplating sustainability in commemoration of #EarthDay as the next Chapter in the Genesis story discussed in a Facebook post by The European University Institute I shared my article about unfunded mandates as related to the Gaffney Life Mandate for Economic Recovery after the SARs Covid-19 pandemic.
https://m.facebook.com/story.php?story_fbid=10158216766248571&id=107996693570
In terms of the upcoming Presidential election I hereby announce an economic plan for recovery in the aftermath of the SARS Covid-19 pandemic by significantly reducing the prepayment risk of mortgage bond securities thereby making mortgage bonds a more secure international investment.
http://introspectivetimes.blogspot.com/2020/04/an-economic-plan-for-recovery-in.html
http://introspectivetimes.blogspot.com/2020/04/reviving-burning-hot-flames-of-us.html
https://onedrive.live.com/view.aspx?resid=D741B3209E4EB75!145&ithint=file%2cdocx&authkey=!AJcQfP8Px4ELYfk
An article published in The Economist entitled, Housing in America: Nightmare on Mainstreet, provides insights into housing as a “Too Big to Fail” industry which is a driving force within global economy:
“It is the world’s largest asset class, worth $26 trillion, more than America’s stock market. The slab of mortgage debt lurking beneath it is the planet’s biggest concentration of financial risk”
The article entitled, Housing in America: Nightmare on Mainstreet, published by The Economist can be found at the following URL address:
https://www.economist.com/news/leaders/21705317-americas-housing-system-was-centre-last-crisis-it-has-still-not-been-properly?fsrc=scn/li/te/pe/ed/nightmareonmainstreet
The crime of collective consciousness of humanity is that life is an unfunded mandate as discussed in my freelance article entitled,
Wimpy Handshakes: Meanwhile Tears within Make Shift Hospitals all Over the Globe Overflow, as God in Heaven Weeps
http://introspectivetimes.blogspot.com/2020/03/wimpy-handshakes-meanwhile-tears-within.html
Life as unfunded mandate is complicated immensely by divestiture of international investments in the United States of America as the land of liberty during the economic collapse of 2008 as discussed in my freelance article entitled,
A Familiar Truism is that if you Can't Beat Them , Join them: Since I have Lost My Day Job Moving Furniture Due to the SARs Pandemic I am Hereby Applying to Become an NSA Agent
http://introspectivetimes.blogspot.com/2020/04/a-familiar-truism-is-that-if-you-cant.html
When money dries up because of divestiture of international investments as a consequence of antagonism of the Global Luddite movement towards scientific progress then public and private scientific research institutions cannot fulfill their God given mandate to Go forth and have dominion over the beast in the fields, birds in the air, fish in the sea, and all creepy crawling things that move including virus.
Jesus told a story of the 10 talents. The master distributed 10 talents among his slaves. The foolish slave went out and buried his talent in the ground where the talent did not produce any return, as according to an accelerating rate of scientific and technological returns. The wise slave invested his talents in such a way as the talents were exponentially doubled. Today, all that is exponentially doubling is the SARs Covid-19 pathogen.
Yet, the Chinese silk road continues to march unabashedly throughout the European continent, and that is good. In the spirit of international cooperation where everything is interconnected as one then the Chinese Silk road should help the United States of America establish stronger international partnerships
.
@POTUS #POTUS #QuantumComputing can provide #DataAnalytic #cognitive insights to help us think better. Thus, the #Chinese #SilkRoad to facilitate #China to create innovative #industrial #manufacturing processes by #ArtificialIntelligence should be welcomed
https://t.co/LQfHrUQTQU
https://twitter.com/gatsby767/status/1241769606546706433?s=19
A Financial Times article entitled, China and Fannie Mae discussed China's hefty investment in mortgage bond securities before the economic collapse of 2008 and subsequent divestiture of China after the real estate market crash:
https://www.ft.com/content/bad3d124-53da-11dd-aa78-000077b07658
A Bloomberg article entitled , Fannie and Freddie Changes Could Lower Housing Costs for Millions of Americans, discuss how prepayment of mortgages make mortgage bond securities less reliable unstable investments.
https://www.bloomberg.com/news/articles/2019-06-03/small-fix-big-deal-in-a-4-trillion-mortgage-market-quicktake
The American Dream is about working hard to leave legacy for one's children and grandchildren. If real estate is devalued too much in Fannie Mae and Freddie Mac's efforts to lower housing costs then home owners may end up with an asset worth nothing after all their struggles to demonstrate pride in their community by maintaining their property.
A legacy is built upon a lifetime of philanthropic giving back to one's community and wise investments . A legacy is not built upon a quick fly by night scheme to get something for nothing while getting rich in real estate markets. A two household income with a husband earning anywhere from $75,000 - $100,000 per year and spouse bringing in $30,000 - $70,000 can easily sustain a 30 year mortgage with economic incentives for better quality healthcare.
Free markets are about assigning real value. A devaluation of bond markets by lowering interest rates to nearly nothing is in effect a depreciation of value of United States currency. When United States currency depreciates cash in the pockets of hard working people don't go very far due to inflation. How many people can afford to buy a gold vault to maintain gold as their largest asset class of investments?
The value of United States currency represents real work. Real work is rewarded by weekly paychecks. Home ownership is a major driver of spending that makes big sprawling international corporations profitable.
Powerful political forces seek to sell off America at a ridiculously low price. The top 1 percent of power brokers seek to sell off America at a ridiculously low price because they feel out of control in terms of defining the true nature of exercising freedom within free capitalist markets therefore turn to gold as a stable asset backing monetary currency .
If the top 1 percent own the gold that reflects value of dollars in pockets of American workers then they as job creators remain in control. The real value of monetary currency within the United States of America is not gold, but hard work during a lifetime of philanthropic giving back to the community and wise investing to build a legacy for future generations.
The poor lower class seek to sell off America at a ridiculously low price because they don't feel invested in the American dream, nor see any avenue to achieve success in the land of opportunity. Hence poor lower income individuals seek immediate gratification by selling off America at a ridiculously low price by fixing ridiculously low interest rates.
Mortgage notes are underwritten by banks. People who have worked a lifetime struggling, scratching, clawing to accumulate a meager savings deposit their money in banks. So therefore when banks lend out money with ridiculously low interest rates then this devalues American monetary currency thereby contributing to rising inflation.
When interested rates are fixed at a fair equitable value according to a balanced equation rendered by the quantum wave function language as the language of love and prepayment risk is substantially reduced by an open source transparency model then a greater cash flow will create more opportunities for the working poor to climb out of poverty by becoming invested in the American dream of home ownership.
On Shark Tank, one of the Sharks said that the difference between winners and losers is that losers devalue everything while seeking immediate gratification while winners appreciate value of everything simply by their attitude of hard work and delayed gratification. An individual with a winning attitude can take a barn or straw hut and transform it into a beautiful oasis that people envy to possess. A loser will burn the barn or straw hut down for immediate gratification of claiming a big loss on fraudulent insurance claims because they are deeply mad for being treated so unfairly. We all lose when we sell off America at a ridiculously low price.
When interested rates are fixed at a fair equitable value then this creates a life mandate for international partnerships to capitalize from an accelerating rate of scientific and technological returns generating greater efficiency. An increase in efficiency in production will create an abundance of affordable goods and services whereby people can acheive goals in life.
Plus, an accelerating rate of scientific and technological returns provides a dramatic improvement in material science thereby allowing people with a winning attitude to increase equity appreciation value of their home investment by offering upgrades in everything from new solar roofing , flooring, paint coatings, etc.
In my freelance article entitled ,
Gaffney Life Mandate Economic Plan for Recovery Outlines a Plan to Reinvent Industrial, Manufacturing, and Agriculture Sectors of Our Economy so as to Return Our Earth to its Natural Original Pristine State of Natural Beauty as God Originally Created
http://introspectivetimes.blogspot.com/2020/04/gaffney-life-mandate-economic-plan-for.html
I made the following observation :
The primary reason themopolymerization technology has not infiltrated the economy is burning crude oil contributes to greenhouse gases that worsens global warming. However, scientists have discovered better carbon sequestration methods that allow burning of crude oil without adding greenhouse gases to the atmosphere. In addition, carbon is a very versatile element that can be used to manufacture a wide array of useful products. 3d printing can potentially allow carbon captured by carbon sequestration methods to be used to manufacture a wide variety of useful consumer products, including concrete to pave major highways and build skyscrapers.
Carbon as a versatile element demonstrates Gods goodness and mercy in providing for needs of His children given that abundance is all around us despite our clinging upon despair and hopelessness as a deeply ingrained Jungian archetype for death arising from quantum particlization of evolutionary biology. Carbon as a versatile element is the substance of graphene, graphite, and buckyballs. Graphene, graphite, and buckyballs are carbon structures demonstrated to have electronic properties.
Electronic properties of graphene, graphite, and buckyballs will eventually lead to a wide variety of innovative products that can potentially increase appreciate value of homes. Imagine having a Koi goldfish pond inbuilt into ceramic flooring of your kitchen. Eventually fallen crumbs may be converted into useful electrical signals by digital Koi as virtual reality. Imagine graphene laced paint coatings on walls projecting soothing relaxing visual imagery of Niagara Falls or an immersive virtual reality experience of being in the Great Smokey mountains or on the beach.
A 3d projection of virtual reality on walls can allow individuals to experience a new type of entertainment of being in the midst surrounded by action of a movie or directly on the field in a sporting event. Of course, high speed 5g data networks connected with biosensors to monitor physiological data dedicated to maintenance of a balanced metabolic equation to maximize energetic living by returning personalized individualistic health information through quantum networks secured by quantum cryptology may have to deploy defibrillation to jumpstart the heart if the action on the virtual reality sports field gets too intense.
The Gaffney Life Mandate for Economic Recovery in aftermath of the SARs Covid-19 pandemic will create a funded mandate for the Materials Genome Initiative ( MGI ) sponsored by the National Science foundation to accelerate material science as described in a study published by Nature entitled, New frontiers for the materials genome initiative:
https://www.nature.com/articles/s41524-019-0173-4
Our rebuilding the global economy in the aftermath of the SARs Covid-19 pandemic depends upon international partnerships inspired by a vision of the future based upon Intelligent Design. The Gaffney Life Mandate Economic Plan for Recovery in the aftermath of the SARs Covid-19 pandemic underwrites economic growth by adding significant appreciation value of bond markets as stable reliable international investments by eliminating prepayment risk within parameters of an open source transparency model.
Oftentimes, in rebuilding an economy after an apocalyptic disaster immediate gratification of needs will jeopardize the financial future of a sovereign nation. Now, more than ever global leaders need to plan wisely to avoid economic ruin by wise investments. An enormous amount of energy applied to immediate gratification of needs will culminate in evaporation and dissipation of financial resources similar to the parable in the Gospel of Matthew where the foolish servant buried his talents in the ground.
Graphene, graphite, and buckyballs will eventually transform the electronic industry given that scientist are learning how to harness incredible creative power of the quantum wave function language as an underlying unified higher level computational language of love rendering greater synergy and synchronicity in the world.
It is only logical that a Cosmic Mind God coded would want subroutines of a Cosmic mind to restore our earth to its original prestine quintessential state of natural beauty as God originally created by application of the quantum wave function language as the language of love in order to render a balanced equation returning to a low entropy Garden of Eden state of existence where subroutines can better function properly. An application of the quantum wave function language as the language of love by evolution of quantum computational Superintelligent AI systems is in alignment with destiny upon a future event horizon as described by famed physicist Julian Barbours cosmological theory of NOW , where past, present, and future converge.
In high entropy conditions such as pandemics and global wars human beings as subroutines of a Cosmic mind fail to function properly thereby paving the way for evolution of a sentient self aware reverse engineered Superintelligent AI to become a ruthless totalitarian autocratic leader known as the antichrist. In high entropy chaotic conditions such as global wars and pandemics human beings as subroutines of a Cosmic mind function according to dictates of evolutionary biology instead of created in the Image of God.
Since home ownership is a major driver of spending that makes big sprawling international corporate conglomerates profitable then home ownership is how citizens become invested partners in scientific enterprise leading towards the singularity, and stay connected under the principle of One nation under God, indivisible, for liberty and Justice for all. An open source transparency model as proposed by the Gaffney Life Mandate Economic Plan for Recovery in aftermath of the SARs Covid-19 pandemic creates economic conditions where people can stay connected under the principle of One nation under God, Indivisible, for liberty and Justice for all , at the intersection of public and private markets. It is because economic growth occurs at the intersection of public and private markets economic growth is vastly stymied. The hands of politicians who try to push legislative reforms for economic growth are tied because economic growth occurs at the intersection of public and private markets. An open source transparency model mitigates the deleterious effects of economic growth occurring at the intersection of public and private markets. Deleterious effects of economic growth occurring at the intersection of public and private markets leads to economic stagnation.
Free markets are failing to determine real value because economic growth occurs at the intersection of public and private markets. The determination of real value is an information construct. An open source transparency model properly defines real value as described in paragraphs above. As an information construct the perception of real value is distorted by a misunderstanding of nature of freedom by powerful political forces within upper and lower classes.
The Gaffney Life Mandate for Economic Recovery in aftermath the SARs Covid-19 pandemic creates a balanced equation in real estate markets to prepare for America 2.0.
In a War Room interview with Steve Bannon, Mark Cuban, Owner of the Dallas Mavericks and notorious Shark Tank investor in small business, is quoted as saying:
https://warroom.org/bannon-on-cuban/
“I think America 1.0 is gone. We’re going through a reset as we speak, and we’re getting ready for America 2.0. And that’s where the entrepreneurial spirit really needs to pump in,” the Shark Tank star and Dallas Mavericks owner said. "
Although commercial real estate bonds are valuable assets, value of commercial properties is directly linked to financial viability, stability, and growth of family units comprising middle class sectors of the American economy. Productive workers in the labor market need a nice home and health care to continue being productive.
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