Generational Accounting around the World (National Bureau of Economic Research Project Report)

Book Description

The realities of mounting government debt, tax burdens, and an aging population raise serious concerns about the financial legacy confronting future generations. How great a fiscal burden will current policies leave to subsequent generations, and how might changes in those policies alter the intergenerational distribution of public welfare? Generational accounting has recently emerged as a robust new method of fiscal analysis and planning designed to assess the long-term sustainability of fiscal policy and to measure the extent of the financial load ultimately borne by present and future generations. A seminal contribution to public economics, generational accounting has already been adopted by 23 nations around the world.

Combining the latest and most extensive country-by-country generational analyses with a comprehensive review of generational accounting's innovative methodology, these papers are a consummate resource for economists, political scientists, and policy makers concerned with fiscal health and responsibility.

Bankruptcy 1995: The Coming Collapse of America and How to Stop It

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History DOES Repeat Itself
Bad math
is coming true late (due to clinton administration)
Still Relevent for Today
The Great Pretender

Bankruptcy 1995: The Coming Collapse of America and How to Stop It
Harry E. Figgie , and Gerald J. Swanson
Manufacturer: Little Brown & Co (P)
ProductGroup: Book
Binding: Paperback

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The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich

ASIN: 0316282065

Customer Reviews:

History DOES Repeat Itself.......2006-11-19

I first read this book after its initial printing and was intrigued with the analysis of economies that failed, and why.

What I found MOST intriguing was the steps the governments took to stabilize their hold over their citizens - which included more controls over their movement AND the movement of their money.

Does ANY of this sound familiar?

With it now being 2006 and 2007 is just around the corner, this book should be on your read now list. Why? Because too much of today's economic picture/climate is paralleling the ones in the book. Controls are being put upon us that are like the ones enacted by a failing economy like several of the ones profiled in the book.

The Orwellian nightmare is much closer than you think!

And...

if history repeats itself...

well, better to be forewarned and better prepared.

I'm going to read mine again.

Bad math.......2002-12-02

This book scared alot of people when it first came out. And it still scares people. I remember laughing when I read this book a few years ago because the author, Figgie, uses math as bad as that used by the federal govt. to reach his conclusions. Can the U.S. go bankrupt? Sure, but if the govt. can balance the budget, including off-budget items, the economy can grow past this debt and eventually eliminate it.

The first reason why we haven't reached a position of "Bankruptcy 1995" is because of the Republican Congress that came in and made the hard choices to balance the budget and revive a sagging economy that was suffering under the control of the Clinton administration and his left-wing mob in Congress.

The second reason is because Figgie was basing his numbers on how he thought revenues and expenses should be calculated, not how the govt. actually does it.

Figgie is right that at some point we must stop bleeding red ink or we'll be faced with an massive economic disaster. On the other hand, Figgie used bad math and hysteria to sell his book, not taking into consideration the various options of how the govt. can get out of this situation. This book only gives you half the story, and as such, I can not recommend this book.

is coming true late (due to clinton administration).......2002-07-03

I read this in hardcover when it was first published and it was very interesting and seemed credible. It did not come true in 1995 as predicted. However, in June, 2002 so much of that book has come true it is frightening.

In retrospect, legislation proposed by Clinton/his administration (and then enacted) postponed the predictions in this book. Just in recent months (Spring, 2002) this book has proven itself. Unfortunately, more of its predictions may come to pass.

Easy to read, but very disconcerting because of the negative impact on this country. Services will decline due to economics is just one prediction. Yesterday's news announced "budget cuts" in Tulsa schools including more pupils per classroom and school beginning later in the calendar year, elimination/reduction in programs,etc. Roads not being repaired and then falling apart has already occurred in OK due to "lack of funds". Hopefully, not all the predictions in this book will come true.

Still Relevent for Today.......2000-01-05

In this current bubble of false prosperity people are choosing to criticize Harry Figgie rather than examine the evidence he presented. Congress hasn't changed with the Republicans; they are still spending beyond the money taken in. The national debt is still growing and we are still headed for a financial disaster. In the Great Depression the Government bailed out the people with funny money. When the Government goes broke, who will bail them out?

Those who consider it all hype just because it didn't happen on Harry Figgie's timetable are only deluding themselves.

The Great Pretender.......1999-08-21

Back when this piece of dreck first appeared, people were all up in arms. In the end, bankruptcy DID come--for Harry Figgie, who lost his company.

Sound Practice in Government Debt Management

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Review for the Sound Practice in Governement Debt Management
really good book

Sound Practice in Government Debt Management
Graeme Wheeler , and Frederick Jensen
Manufacturer: World Bank Publications
ProductGroup: Book
Binding: Paperback

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ASIN: 0821350730

Book Description

Risk is a relative concept and is measured relative to a set of objectives. The authors argue that a government asset and liability management framework offers valuable conceptual insights for managing the risks associated with government debt portfolios and for considering their interface with a wide range of public policy issues. They also argue that prudent risk management requires clear objectives for debt managers, sound institutional and legal framework, appropriate quality assurance procedures and checks and balances, and efficient management information systems.

Sound Practice in Government Debt Management draws from the experiences of a group of countries that are leaders in the area of government debt management and on the knowledge that the authors have accumulated in advising many governments on their debt management policies and operations. It offers valuable insights to assist government policy-makers in understanding what is involved in implementing sound practice in government debt management.

Download Description

Government debt management has a long tradition, dating back more than two centuries in some European countries. Since the late 1980's, however, many OECD governments have invested heavily in improving the quality of their debt management practices. In recent years, the topic has received additional attention for its potential role in reducing the vulnerability of emerging economies to financial and economic shocks. Risk is a relative concept and is measured relative to a set of objectives. The authors argue that a government asset and liability management framework offers valuable conceptual insights for managing the risks associated with government debt portfolios and for considering their interface with a wide range of public policy issues. They also argue that prudent risk management requires clear objectives for debt managers, sound institutional and legal framework, appropriate quality assurance procedures and checks and balances, and efficient management information systems. Sound Practice in Government Debt Management draws from the experiences of a group of countries that are leaders in the area of government debt management and on the knowledge that the authors have accumulated in advising many governments on their debt management policies and operations. It offers valuable insights to assist government policy-makers in understanding what is involved in implementing sound practice in government debt management.

Customer Reviews:

Review for the Sound Practice in Governement Debt Management.......2006-05-08

Truly an excellent book, deserving in anyones library

really good book.......2004-07-26

This is a great book that is very insightful!! I recemend it to everyone who wants to become an expert in economics to read this. Mr. Wheeler has a lot of experience and taught be a lot about dept managment.

Mountains of Debt: Crisis and Change in Renaissance Florence, Victorian Britain, and Postwar America

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Confusing

Mountains of Debt: Crisis and Change in Renaissance Florence, Victorian Britain, and Postwar America
Michael Veseth
Manufacturer: Oxford University Press, USA
ProductGroup: Book
Binding: Hardcover

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ASIN: 0195064208

Book Description

Like the United States today, Renaissance Florence and Victorian Britain were the richest, most dynamic economic systems of their times. Yet each succumbed to a fiscal crisis brought on by public debt and taxation and eventually fell into long-term economic decline. Now, public debt and taxation dominate the America policy agenda. Must the United States follow the same dismal pattern of fiscal crisis and economic decline? Mountains of Debt argues that it is not too late for the United States to change directions and suggests a comprehensive program for reform of American fiscal institutions that would reduce the deficit problem and at the same time reverse the long-term structural trends that are both the cause and the effect of the fiscal crisis today. Offering proposals for reducing the deficit, this new analysis could alter the current course of the United States economy.

Customer Reviews:

Confusing.......2004-05-19

The title of this book doesn't cover the real causes of the alleged 'downfall' of the reviewed three economic powers.
For Renaissance Florence, the author analyses two main causes. First, the war debts ( at a rate of 30 %) which were subscribed by the very rich, who could so keep a stranglehold on the government. Secondly, the tax system that favoured consumption over investment. But at the end of his book the author states: 'The defining event ... was clearly the black death'.
The problem for Victorian Britain was not a mountain of debt, but fear of debt, as well as the flawed income tax system, which favoured 'repair costs' over new investments. There was no provision for capital depreciation. But again, the author indicates another important factor at the end of his book: 'unexspected increase in population'.
The downfall of Britain didn't happen during the reign of Queen Victoria. As we can read in R. Skidelsky's magnificent biography of J.M. Keynes (part 2), 50 % of all commercial credits in the world were financed by Britain in 1914. The beginning the downfall of the British Empire were the war debts it contracted for World War I in the US.
The section on the US is partly out-of-date, because the analysis stops in 1990. But, the proposed remedies are still very actual: investment in education and in research & development. His third remedy 'VAT' would overhaul the whole US tax system. But even a modest rate would generate enormous income for the federal government.
The author also recognizes some big economic issues as personal debt v.savings, or the long-term Social Security problem.
After the Clinton years, the US government is again confronted with a huge budget deficit. I agree with the comment by R.Heilbroner (cited in this book): 'The deficit is an excuse to strip away fifty years of social progress, leaving the economy a hard, cruel place for the poor'. (p. 192)
For an evaluation of the actual US economic policies, I recommend 'The Judas Economy' by W. Wolman and A. Colamosca.
This book is a very mixed bag.

America the Broke: How the Reckless Spending of The White House and Congress are Bankrupting Our Country and Destroying Our Children's Future

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facts and fear
He is right, but it is too late
Great introduction to the HUGE problem we face
A must read, but how are we to fix it?
This book tells you what you can do help protect your future

America the Broke: How the Reckless Spending of The White House and Congress are Bankrupting Our Country and Destroying Our Children's Future
Gerald J. Swanson
Manufacturer: Currency
ProductGroup: Book
Binding: Hardcover

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ASIN: 0385513046
Release Date: 2004-08-03

Book Description

“One day soon, our government will suddenly run out of cash, unable to meet its payments, leaving the United States as bankrupt as any banana republic. We are far more vulnerable than most Americans realize. . . With a debt of $7.3 trillion, if interest rates were to hit the levels we saw 20 years ago, it would take every nickel collected in income taxes just to pay the interest on our existing debt. There would be no money left for defense, or homeland security, or education, or Social Security.

This scenario is hardly fiction. That the United States of America can literally go broke is no longer a fantasy but likelihood—unless we stop the train now speeding us to Armageddon. If we do not get our financial house in order, and soon, our great nation will collapse under the weight of its financial obligations.

I believe we can prevent the catastrophe. But time is short. In the final reckoning, it’s up to us to do what’s needed to save America’s future.”—from America the Broke

The dirty little secret that neither George W. Bush nor Congress are willing to confront—that America’s reckless spending, disastrous deficits, and exploding debt are speeding our great nation to financial ruin.

Imagine a world in which you lose your job because your company goes under, your retirement money disappears, the value of your home tumbles overnight, your bank stops allowing cash withdrawals, and your ATM card is canceled. The price of groceries has risen so fast that you don’t have the money to pay for them at the check-out counter . . . and the country is bankrupt.

That is exactly the future that economist Gerald J. Swanson sees America hurtling toward—unless we rein in our country’s reckless spending. In America the Broke, Swanson, coauthor of the runaway New York Times bestseller Bankruptcy 1995, argues that the United States is on the brink of financial collapse. Thanks to George W. Bush’s two tax cuts, the White House and Congress’ escalation of domestic spending, two wars, and an economic recession, what was a $200 billion annual surplus three years ago under Bill Clinton has become a river of red ink. The White House’s official projected deficit for 2004 is $521 billion—the largest deficit in U.S. history. With a national debt spiraling upward of $7.3 trillion, a huge trade deficit, and personal debt at an all-time high, we are standing at the edge of a financial abyss that could undermine the financial security of our families and our children’s children.

“Deficits don’t matter,” claim Vice President Dick Cheney and other members of the Bush Administration. But the facts revealed in America the Broke paint an alarming picture.

Next year’s projected deficit will exceed the amount all our cities spend on police, fire protection, medical care, and every other civil service in an entire year. It is more than we could save from abolishing Medicare and Medicaid completely.
The real deficit—the deficit the government doesn’t want you to know about—including the hidden funds we “borrow” from Social Security is nearly $1 trillion.
Rising interest rates alone could trigger staggering payments on our skyrocketing debt, soaking up every dollar the government takes in, leaving America bankrupt.

What does this mean for you and me? If the dollar goes into free fall, banks could close, businesses go bankrupt, real estate values crumble, and middle-class families could lose everything they own.

But there is hope. We can save ourselves—if we demand that our political leaders act now to eliminate the deficit and reduce the debt. In a year of deficit denial, America the Broke is a critical wake-up call regarding our government’s reckless deficit spending—as well as a blueprint for rescuing our economy and saving our country.

Customer Reviews:

facts and fear.......2006-06-15

The U.S. is obviosly not a closed economy. Right now, the U.S. debt held by foreigners is so great that it is not in their interest to see the dollar fall, nor would it be good for their exports-the 2001 recession wreaked havoc on their exports. The U.S. if it were to go down, would drag much of the world down with it and makes the issue very complex. As of now interest rates are still low, but rising, and the government will not raise interest rates as high as the early 80's because that will throw the economy into recession and burst the housing bubble. Housing prices have never declined in nominal terms and the government knows that high interest rates would kill the mortgage market, dragging down the banks and thus the economy as well. There is a delicate balance to say the least. This book does a good job of presenting the situation, but the scenario will not be so grim. Germany and Japan recovered quickly after they destroyed themselves and the world in WW2, and the U.S. has not gone nearly that far or will it ever.

He is right, but it is too late.......2006-03-24

This book is very informative and easy reading. Yes, our government has led this country to a brink of bankrupcy. But what will the people do? Will they really write letters to their congressman and join google and yahoo groups and spend their energy to fix our country? No. Most people will just go on complaining and do nothing. Yes, some people will take civil responsibility and do all the right things as the book suggests, but it is too late. I am just being realistic. Like the author says, every great empire comes to death, and a new one begins. America had it's moment of glory and it got too fat. My point is, just as the politicians are corrupt, most people are also corrupt. No one was forced to use credit cards and get into irresponsible debt. We have only ourselves to blame.

Great introduction to the HUGE problem we face.......2005-12-07

I asked my husband what he thought the most important political issue was, and he said "the deficit." He's a pretty smart guy, and even though I was surprised he didn't say something more "exciting" like abortion, the war, or the environment, I thought I would look into it anyway. I got Swanson's book from the library and just couldn't put it down. Swanson succeeded in enfuriating me with this topic. He writes in a very conversational way that is clear to understand for the beginner. And proved for me that, once again, my husband was right! :)

A must read, but how are we to fix it?.......2004-11-15

The author does an excellent job of alerting us to America's fiscal problems, and for those who need a better understanding of them, this is a must read. It is well written and provides realistic scenarios if we fail to fix the system.

But Gerald Swanson describes only the symptom, and like other economists he overlooks the disease (our moneyed political system) and the real cure (public funding of political campaigns). To expect "honesty, responsibility and good government to return to government" is a pipe dream when the fat cats who fund our political elections are paying for just the opposite. What part of "he who pays the piper calls the tune" do we not understand?

Swanson also favors privatizing some of our government functions, and I would agree if we could get private campaign money out of our public electoral system. Private companies can give campaign contributions to control the outcome of their investment; government entities cannot. One need only look at the "privatized" rebuilding of Iraq under Halliburton for evidence of the affects it would have on U.S. taxpayers.

On the health care cost crisis, the author offers only four choices: Raise taxes, reduce benefits, change eligibility guidelines, or continue borrowing to finance Medicare and Medicaid. But there's a fifth and needed action: control the spiraling health care costs which are increasing at double-digit rates! We struggle to find ways of "paying" for health care but continue to allow the medical community to run open loop while building unneeded hospitals, buying excessive numbers of high-tech scanners and ordering medical procedures that are not needed. Physician self referrals have run amok. A single payor health care system is long overdue, but both sides of the isle have been AWOL on the issue and will remain so until the $100 million per year that is given by the medical and pharmaceutical industries is replaced with public funding of campaigns.

That said, this is still a must-read book. But the author and his colleagues must now address the common denominator; the dollar bill. Congressmen are bought and paid for by special interests and they will continue putting them ahead of public interests until the funding of elections is paid for by the taxpayers. For $15 per taxpayer per year we could fund both state and federal elections and eliminate over $2000 per taxpayer per year in government giveaways. Only then will we see balanced budgets, reasonable government spending and a fair tax system. That's a bargain at a hundred times the price.

This book tells you what you can do help protect your future.......2004-09-28

America the Broke is one of the most important books I have ever read. Its conclusions are very disturbing because they are founded on a detailed and systematic analysis of existing facts. Swanson's logic is irrefutable.

In clear, honest and straight-forward language Swanson shows how politicians in their hunger to be reelected have deceived you and me. They have run up over 7.3 Trillion Dollars in Debt. To put this in perspective it would take over thirty one thousand years spending one dollar a second to reach a Trillion Dollars.

He explains specifically the accounting scams that have been used to intentionally hide the truth from us and how seriously we have already been harmed.

Swanson's step by step analysis reveals why you and I may soon be forced to say good bye to our jobs, our businesses, our homes, our savings, our retirement, and our future.

He offers us a solution to this awful mess. He sets forth the specific action each of us can take to force our political leaders to tell the truth and stop spending America into bankruptcy.

Please buy and read America the Broke immediately. Let's take action before it is too late.

Debt Issuance and Management: A Guide for Smaller Governments

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Debt Issuance and Management: A Guide for Smaller Governments
James C Joseph
Manufacturer: Government Finance Officers Association
ProductGroup: Book
Binding: Paperback
ASIN: 0891251863

Managing Public Debt: From Diagnostics to Reform Implementation

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Managing Public Debt: From Diagnostics to Reform Implementation
World Bank
Manufacturer: World Bank Publications
ProductGroup: Book
Binding: Paperback

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Developing the Domestic Government Debt Market: From Diagnostics to Reform Implementation

ASIN: 0821368729

Product Description

High-quality public debt management plays a critical role in reducing the vulnerability of developing countries to financial crises. With sound risk and cash management, effective coordination with fiscal and monetary policy, good governance, and adequate institutional and staff capacity in place, governments can develop and implement effective medium-term debt management strategies. Managing Public Debt: From Diagnostics to Reform Implementation draws insights from a joint pilot program set up by the World Bank and International Monetary Fund to design relevant reform and capacity-building programs in twelve countries. The experiences of these geographically and economically diverse countries - Bulgaria, Colombia, Costa Rica, Croatia, Indonesia, Kenya, Lebanon, Nicaragua, Pakistan, Sri Lanka, Tunisia, and Zambia - illustrate the challenges and elements necessary to make progress in the area of public debt management. Managing Public Debt will serve government officials contemplating or in the process of reforming their practices, providers of technical assistance, and practitioners working on building capacity in public debt management. Because effective implementation of debt management strategies also requires a developed domestic government debt market, readers will also be interested in the companion volume, Developing the Domestic Government Debt Market, published by The World Bank in February 2007, based on the same joint pilot program.

History: Fiction or Science? Dating methods as offered by mathematical statistics. Eclipses and zodiacs. Chronology Vol.I

Average customer rating:

Calculations are only as good as your numbers
Pants on fire?
Accepted History & Chronology Must Be Changed.
Very Interesting
History as Science Fiction

History: Fiction or Science? Dating methods as offered by mathematical statistics. Eclipses and zodiacs. Chronology Vol.I
Anatoly Fomenko
Manufacturer: Delamere Resources
ProductGroup: Book
Binding: Paperback

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ASIN: 2913621074
Release Date: 2007-03-19

Product Description

History: Fiction or Science? is the most explosive tractate on history ever written - however, every theory it contains, no matter how unorthodox, is backed by solid scientific data. The book is well-illustrated, contains over 446 graphs and illustrations, copies of ancient manuscripts, and countless facts attesting to the falsity of the chronology used nowadays, which never cease to amaze the reader. Eminent mathematician proves that: Jesus Christ was born in 1153 and crucified in 1186 The Old Testament refers to mediaeval events. Apocalypse was written after 1486. Does this sound uncanny? This version of events is substantiated by hard facts and logic - validated by new astronomical research and statistical analysis of ancient sources - to a greater extent than everything you may have read and heard about history before. The dominating historical discourse in its current state was essentially crafted in the XVI century from a rather contradictory jumble of sources such as innumerable copies of ancient Latin and Greek manuscripts whose originals had vanished in the Dark Ages and the allegedly irrefutable proof offered by late mediaeval astronomers, resting upon the power of ecclesial authorities. Nearly all of its components are blatantly untrue! For some of us, it shall possibly be quite disturbing to see the magnificent edifice of classical history to turn into an ominous simulacrum brooding over the snake pit of mediaeval politics. Twice so, in fact: the first seeing the legendary millenarian dust on the ancient marble turn into a mere layer of dirt - one that meticulous unprejudiced research can eventually remove. The second, and greater, attack of unease comes with the awareness of just how many areas of human knowledge still trust the three elephants of the consensual chronology to support them. Nothing can remedy that except for an individual chronological revolution happening in the minds of a large enough number of people.

Customer Reviews:

Calculations are only as good as your numbers.......2007-08-03

Yes, we can all agree that mainstream history is nearly 100% BS due to politics, economics, ego, problems with dating techniques, and various conspiracies. Agreed. But, I've been researching the distinct possibility that human history (in terms of civilizations) are much more ancient than we've been told, so coming across this book was very interesting to me. I wondered how Fomenko could be wrong (if at all) because he is very persuasive in his presentations. Then it dawned on me. If at previous times in prehistory, due to the various catastrophies that are well documented (comets, asteroids, planetary disruptions, plasma discharge, pole reversals, etc) the Earth was in a different position in relation to the sun, different tilt on its axis, different orbit, different rotation (in terms of velocity and DIRECTION), and the continents were in different positions, then would this not cause the ancients to see the sky (constellations) differently? In other words, is Fomenko making erronious assumptions about the physics of the Earth in pre-history, which then corrupt his data with regards to dating the relevant astrology? The last event to seriously disrupt our planet occured roughly 3500 years ago, according to other good researchers, so is it possible Fomenko has been confused by this? The vastly different physics of our planet in the not so distant past may explain this confusion, which is not to say the "mainstream" version of history is correct; on the contrary. I am not an expert in these fields, but wanted to see if this idea could spark discussion.

Pants on fire?.......2007-07-19

Will people ever read before spamming? Yes, Jesuits could not rewrite world history alone, they had help. Anyway, Dr Prof Acad A.Fomenko does not point to jesuits as the driving force of world wide history manipulation in published volumes 1,2,3;, actually he barely mentions the poor devils. Check it with 'Search inside' feature, please. China is rarely mentioned either, in fact, Dr Fomenko is completely eurocentric. Right, his theory contradicts all mainstream schools of history, because in their actual state they are all built on blatantly erroneus chronology. You don't need a mysterious cabal (conspiracy) to falsify history, the falsification is its modus operandi. It is inherent to history(ians) to falsify (distort) events, as it is inherent to humans to boast as it is inherent to power (authority) to legimize itself by referrring to glorious past made to its own order. Dr Prof Fomenko and team have identified scores of instances of such manipulation in Russian, European, etc.. history, and delivered valid statistical proof thereof. His own 'reconstruction' is completely another story. Forget c14 as a valid method of dating. W.Libby has initially discovered a brilliant method of INDEPENDENT dating. Too bad, c14 method has become a joke after a forced marrige with dendrochronology with consensual chronological scale inbuilt. Radiocarbon method can't stand blind tests, but is so very productive as a rubberstamp.

Accepted History & Chronology Must Be Changed. .......2007-04-09

There is no doubt that history as most know it is a sham, & institution's version of History both University & Church is fradulent & inaccurate. Everything was established with an agenda, The real "Dark Ages" are now when we have access to incredible amounts of information past authorities & more important 'common folk' didn't have but our institutions & educators are slow to evolve because of what has ignorantly & arrogantly been taught for too long. This is on many subjects not just Chronology.

For anyone to question "Why would a Mathematician have anything credible to say of History?" The answer is from Dr. Fomenko's preface in the book: "It would be worthwhile to remind the reader that in the XVI-XVII century Chronology was considered to be a subdivision of Mathematics." These volumes could possibly be some of the most important works to date & should be read by everyone with an interest in History, especially professors & educators who have a duty to the public. I have read both books & must say that 'Chronology 1' has some very eye opening & revolutionary information. Even if these volumes are part true the implications are profound & opens the doors to further investigations & questions which must be done. I speak several different lanquages & must say the logic Dr. Fomenko uses with "inflection" of words & words being read from left to right in one region & right to left in another then written backwards, the removal of vowels & get down to basics of words, or different cities & locations having the same name etc. is correct. Vowel usage has always been optional & varied, actually complicating linquistics & study. The first thing one has to understand is that words never had a fixed spelling in history like we do now, the spelling of words was mutable & regional, as well as names & titles of people were vast, varied & changed, NOTHING WAS FIXED or understood linear. Matters of Life & Death as well as financial profiteering yesterday & today were & are made with ignorant, illogical & conspiratorial views of history & reality, it's time people get closer to the Truth & society collectively grow up.

Very Interesting.......2007-03-07

It is a good proposal and I believe it will mature into something even better in the future. I think it deserves to be read.

History as Science Fiction.......2007-01-10

Anatoly Fomenko has written a very intriguing book, full of pictures, charts, and computer 'proof' of his thesis: backwards of AD900 we don't really know what happened or when. Between AD900 and AD1600 there is more certainty, but there is still a lot of fuzzy ground, and things don't get reliable until we get past the 1600's where the printing press made it very difficult for the perpetrators of this timeline manipulation to change anything that had been committed to print. The Dark Ages did not happen. Books were burned for a reason. One organization has doubled the actual length of its existence by expanding the real chronology. Read why.

I had always wondered why Christ died about AD33 and yet men waited until the 11th century to form the Knights Templar, the Cathars, etc and go after the Holy Land by force. Why the 1000 year gap? Turns out there wasn't more than a 10-12 year gap and he proves it using astronomy. This also implies that the planet is not as old as we have been told, and current Christian and other creationist scientists are already championing that idea without being aware of Fomenko's book. The two groups, creationist scientists and the Russian mathematical analysts corroborate each other. Fascinating.

Of course, all this flies in the face of what we have been told traditionally is the 'proper' chronology of western civilization, and most readers will experience 'cognitive dissonance' in reading this book. It means that our history going backwards from AD1600 becomes progressively more incorrect and unreliable until it cannot be trusted at all... in the space of 700-800 years.

Naturally, the curious, open-minded reader will want to know WHO did this, WHY, and did any of the events we think of as really ancient ever happen?
Dr. Fomenko is a respected scientist/mathematician at Moscow State University who has already answered these questions to the satisfaction of his initially skeptical colleagues. Most of them are now believers, a few still refuse to believe (the usual diehards), and of course the western press has ignored Fomenko's work -- for obvious reasons when you read the book. The ones who perpetrated this chronology ruse have a lot to answer for. They are still with us. That's why this book is a well-kept secret.

I gave the book a 4-star rating because I was unable to check out some of his claims; those I checked were as he said. But if even 1/3 of his claims are true, this punches a big hole in what we think is our history, the meaning of western civilization, our educational process (for repeating the ruse as gospel), and the trustworthiness of the organization that perpetrated this ruse, well-intentioned or not.

This book relates to current research into a Young Earth paradigm, to John Keel's discoveries about our planet, and Fr Malachi Martin's insights (in his now out-of-print books). We are indeed sheep who are manipulated and kept ignorant -- for a reason. While knowing what these men have to say may be the "booby prize" (as in: 'what can you do with this knowledge?'), it will provide interesting reading. Didn't someone say: "...and the Truth will set you free."?? For you to judge if this book contains the truth.

Handbook of Debt Management (Public Administration and Public Policy)

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Handbook of Debt Management (Public Administration and Public Policy)

Manufacturer: CRC
ProductGroup: Book
Binding: Hardcover

General | Popular Economics | Business & Investing | Subjects | Books

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ASIN: 0824793889

Book Description

Examining various methods of debt management used in the US., Handbook of Debt Management, provides a comprehensive analysis of securities offered for sale by municipalities, states, and the federal government. The book covers laws regarding municipal bonds, the economic choice between debt and taxes and the tax-exempt status of municipal bond owners, capital budgeting, including state and local government practices, developing governmental and intergovernmental debt policies, pay-as-you-go with debt financing for capital projects, US Internal Revenue Service regulations on arbitrage in state and local government debt proceeds investment, US treasury auctions, and more.

Principle and Interest: Thomas Jefferson and the Problem of Debt (Jeffersonian America)

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Principle and Interest: Thomas Jefferson and the Problem of Debt (Jeffersonian America)
Herbert E. Sloan
Manufacturer: University of Virginia Press
ProductGroup: Book
Binding: Paperback

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ASIN: 0813920930

Book Description

This major new work looks at what debt meant to Thomas Jefferson and how that affected his political career and the early history of the American Republic. Sloan argues that Jefferson was always obsessed by debt: in the public sphere because he felt that it robbed people of their independence, and in the private because he was dogged by debt throughout his life. The book depicts Jefferson as a typical representative of the Virginia gentry, subject to debt during this period, but also as a tireless warrior against public debt, first as governor of Virginia and later as President of the United States. Sloan also discusses the role of debt in the American Revolution and Jefferson's vision of political power as the means of redressing economic power that he felt was in the hands of creditors.

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