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Havoc from UDS 65+ Trillion Credit Default Swaps

DK Matai - September 18, 2008

CDS.jpg
Growth in Credit Default Swaps from 2001 to 2007

Dear Friends, it would be useful to have your considered input in regard to what havoc have the USD 65+ trillion of Credit Default Swaps (CDS) yet to create? Note Reference.

[ENDS]

We welcome your thoughts, observations and views. Thank you.

With love and warm wishes to you and family


DK with family

DK Matai

The Philanthropia, mi2g.net

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Posted by DK Matai at September 18, 2008 12:22 PM

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Dear DK,

I have put up the solution on coinage.me [Click my name]

It also contains the foundational flaws, and contributing factors, yet these are simply to be understood.

The idea is to focus on the solution which is also presented. The understanding and fundamental principles needed to implement the solutions is also there.

Think.
"Currency with a brain"
Intangible Tangible Intelligent Hi Tech Monetary Units
Global Value Exchange Accounting System
Financial Matrix Masters
Mastering the Financial Universe ~The singularity principle
Financial Matrix Navigational Intelligence ~Every port covered.


The creditors themselves cause this dilemma - no one else. It was all created by the loan sharks! They shall pay for their evil!

Well, I am not able to watch these videos until I get my home PC completely upgrade, but I am sure this would be of interest ... go to

http://my.barackobama.com/page/content/economyvideo
~~~~~~~~~~~~~

(general letter)

Charlotte --

The economy hit a new low this week, and in every part of the country, people like you are feeling it.

The recent financial disasters -- from the collapse of Fannie Mae and Freddie Mac to the historic drop in the stock market -- are not just a string of bad luck. They are the result of years of bad decisions made in favor of big corporate special interests instead of America's working families.

More than 600,000 Americans have lost their jobs since January. Home foreclosures are skyrocketing, and home values are plunging. Gas prices are at an all-time high, and we're still spending more than $10 billion every month on a war in Iraq that should never have been waged.

John McCain's campaign is doing everything it can to focus attention on false personal attacks and distractions -- but there's too much at stake for that kind of politics.

I need your help to get the conversation back on track.

I recorded a two-minute TV ad about our economy and my plan to solve this crisis. Please watch the ad and share it with everyone you know:

Watch the video and share it with your friends

For eight years, Bush-McCain economic policies have favored reckless deregulation and huge tax loopholes for big corporations. Now, as these corporations crumble, American taxpayers are facing costly bailouts.

More of the same failed ideas are not going to solve our economic problems.

I'm calling for a $1,000 tax break for middle-class families -- not just because they need help dealing with the rising costs of gas, food, and health care, but also because our economy needs to be reinvigorated from the bottom up, not the top down.

I'm proposing a second stimulus package to save over one million jobs and provide immediate relief to struggling families.

And I'll end the "anything goes" culture on Wall Street with real regulation. We can see clearly that our economy is stronger when we protect investments and pensions, and avoid devastating bankruptcies and bailouts.

This is no ordinary time, and it shouldn't be an ordinary election. Help keep the discussion focused on the issues.

Please watch the video and share it with your friends today:

http://my.barackobama.com/economyvideo

Thanks for helping to bring the change this country needs,

Barack

I got laid off this Tuesday and on November 1st, I will have no home, nor money for an apartment. I will have to get rid of everything in my current residence and live in an old used camper trailer with no amenities to just survive, i.e., dry toilet (wag bags and & heating my water for sponge baths), as I can only hope that the police don't give me a hard time if they find me parked on the side of the road at night. However, I am looking at all this in a positive way, as I so dearly needed a break from the rate race of the past 25 years for me. I just have to let go and not fear, but love, as I pray for strength. BTW: I got a severance package which will pay for month debts, groceries, and gas for 9 months. After the my vacation camping, I will then try all over again and hopefully not have to file for bankruptcy, even tho they are charging me 28 to 30% interest for ONE bad month that I have right when I moved to a cheaper place 2 years ago! The creditors are now stealing from and I've always paid them, but was a few weeks late 2 years ago that push everything behind as they started doubling up on my payments as well as my interest. I had no savior, nor do I now, but the shameful bankruptcy of mercy!

And one of the creditors trippled my monthly payment to $900! I don't make that kind of money and it was so unfair. That one chases the sun, but can never find the light; and in the reflection of the moon, they see shadows of what does not exist. So they chase and never catch.

Governments do not go into debt the citizens do. What is odd is that the money they borrow is then loaned back to them with even more interest. Something doesn't seem right here how can money that is already owned by the debtors be loaned back to them? Who are these people in the middle taking a cut?

If the citizens are going to borrow money then they should simply use it to pay off their home loans, why give it to these companies? It will eventaully trickle down to them.

"The Securities and Exchange Commission on Friday issued a temporary ban on short sales of 799 financial stocks, a move against traders who have sought to profit from the financial crisis by betting against bank shares."


"The temporary ban, intended to bring calm to the markets, follows similar action by Britain on Thursday."


Some must be listening.

Worried?

In a surprise move, the U.S. Federal Reserve made an extra $180 billion available to central banks around the world to lend on to their local commercial banks in a bid to get dollars circulating in overnight and term money markets.

http://news.yahoo.com/s//nm/20080918/bs_nm/financial_centralbanks_dc_4

Hi Char,

File for bankruptcy. No need to feel shame in realizing that you are, in fact, bankrupt in $$$s. Happens to the best of folk. Then, start over, lesson learned. Give your self a break.

best wishes...ruth

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