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New URL

 future posts by Frank Lynch blog will be available at

          http://franklynchusa.wordpress.com

which will be much more active than this blog!! 

Please update your Favorites and especially please add

this link to your own blogroll

Thank you for all your support!

 Together we have succeeded in defining the issues of the 2008 Presidential campaign.

Prior to posting the new ideology contained in Frank’s Top Ten List on my 2008 Presidential website at   http://www.franklynch.org  on July 20, 2007, none of the other candidates, including our new President, had included such vital issues as energy independence, windfarms, plug in electric cars, universal healthcare, tuition grants to college students, creating new jobs, and talking to our enemies.

Today all these issues arethe core issues of President Obama and the Democratic Party, and I am proud to have contributed to the future of America.

Please add the new blog   http://franklynchusa.wordpress.com   to your blogroll and favorites so we may add new issues, such as creating not the small number of Jobs Obama now seeks, but 10,000,000 new  jobs!

Top Executives of Car Companies Must Be Replaced As Condition of Any Bailout

Ford, General Motors and Chrysler are the only auto companies in the world that are going bankrupt. Autos are a world market and all the other companies around the world are surviving. The American car companies have indisputably the worst management in the world, yet they are the highest paid.

President-Elect Barack Obama must exercise leadership here if his slogan of “Change You Can Believe In” is to have any meaning. Obama must make these demands of the car companies.

Before one penny of tax money goes to the Big Three, the top ten managers in each company must be fired.

It is a full one third of a century since the Muslims started raising the price of oil to punish America for supporting Israel against the Arabs, or at least that is what the leaders of Saudi Arabiaa said in their world wide press releases.

In that third of a century anyone with half a brain knew that oil would become more and more expensive. But half a brain is more than Detroit has.

Earlier this year I saw the head of Ford say that he would not spent any money on plug in cars unless he saw signs there might be a demand for them. The moron said that this year!

Additionally, the entire Board of Directors of the Big Three must resign as condition for a bailout. The Directors have failed to perform their duty to protect the stockholders from incompetent management.

Further, I believe that the stockholders should file derivative class action suits against all the Directors and management of the two publicly traded companies, GM and Ford.

Federal Reserve Stampeding Public and Congress into Communnist Bailout

Historically, every time the Federal Reserve has taken over a bank or savings and loan, the failed institution has been seized by the Fed’s staff arriving at the target institution’s headquarters after the close of business on Friday night, so that the public has the opportunity to adjust to the shock over the weekend, and so that there will not be a run of withdrawals the next morning.

This time, it would appear that the Fed was manipulated by politics regarding the public opposition to the Democratic Congress’ support of Paulson’s $700 billion, no strings attached, gift to his colleagues on Wall Street.

By Thursday afternoon it was clear that the Republicans in Congress had finally decided to listen to the wishes of the voters, and were refusing to go along with the Democratic Finance Chiefs Senators Chris Dodd and detached Barack Obama.

So the Fed attempted to panic the public by taking over Washington Mutual on Thursday night instead of over the weekend.

The Fed is part of the criminal conspiracy seeking to panic the public and the ignorant buffoons in Congress into a fearful stampede or else the world will end!

This is contemptible manipulation of the public through false fear, identical to the strategy of fearful stampede into the second Iraq war.

Thursday’s seizure of Washington Mutual by the Fed is a despicable attempt to use fear and panic to stampede both Congress and the public into a totally wrong and incredibly absurd course of action.

The $700 billion gift to Wall Street makes no sense at all and does nothing to treat the root cause of our problem, which is the permission of the government to financial institutions to bundle mortgages into tradable security packages.

The first step in curing the problem is to outlaw CDO and CMO packages, because they separate accountability from risk, thereby encouraging what should be criminalized activity bu unscrupulous mortgage lenders.

Paulson’s and the Democratic Congress want the bailout package to include “adjusting” individual mortgages downward, not to the new market value of the home, but to what the borrower can afford. Who determines, and by what mechanism, what the borrower can afford.

The adjustment provision goes far beyond socialism: it is pure Communism and abject redistribution of wealth.

No financial system on earth, and no nation, can survive is the government haas the authority to “adjust” individual’s debts.

The bailout package may well be the end of America.

Call your Congressmen and tell them you oppose every aspect of the bailout package.

Current laws and the operation of the Federal Reserve are everything we need for the markets to reach equilibrium. No intervention by government can make the oversupply of housing disappear.

Local governments and pressures within the Democratic Party to seze the foreclosed homes, or to use taxpayer dollars to repo them, and use them for low cost community housing is nothing but the purest form of Marxist Communism that will bankrupt America.

Every elected official who supports the Bush/Chris Dodd/Barack /Obama/Democrats bailout plans should be impeached, AND I mean it.

If you want to impeach everyone who supports the mortgage bailout send a blank email to impeach2008@gmail.com

Then go to these sites and tell your elected officials that you “OPPOSE THE BAILOUT”

http://congressorg.capwiz.com/congressorg/directory/congdir.tt

Goldman Sachs and Morgan Stanley Are Bank Holding Companies

In the final destruction of all the wonderful laws passed by a thoughtful Congress and Franklin Delano Roosevelt to protect the American people from the excesses and corruption that caused the Great Depression, your totally incompetent government  taken the final steps to maximize the corruption of our financial system.

The last two major independent investment banking/ stock brokerage houses have now officially become commercial banks.

Don’t believe me? See:

http://federalreserve.gov/newsevents/press/bcreg/20080921a.htm

Will Everyone Who Bot Fannie Mae Stock Sue Merrill Lynch?

Herb Allison,, former president of Merrill  Lynch, is the government appointed head of Fannie Mae.

i have been observing for some time that trading in both Fannie Mae and Freddie Mac should have been suspended because any financial analyst with even a broken pencil could see that both companies were grossly insolvent.

Merrill Lynch, Goldman Sachs, and all the brokers have at least one sharp pencil buried beneath the salesmen, and should have reasonably known of the de facto insolvency. They should have advised their customers that these firms were insolvent.

Trial lawyers, paradise is here!

The potential liability is huge to Merrill Lynch for continuing trading these stocks and permitting their customers to buy them through Merrill Lynch, earning excessive commissions for Merrill. The lower a stock price, the higher the commission as a percent of the trade.

Now the former president of one of the firms who did hundreds of billions of trading in the bad paper is in charge of Fannie Mae?

Is there no Shame?

There certainly is no honor left in American finance ad its regulators.

Banks Take The Profit and Taxpayers Take the Loss

It was during the mid 1970’s that Fannie Mae started the widespread issuance of MBS or mortgage backed securities which were a giant fraud that built upon itself every year through the administrations of both parties.

The sham is that banks sell bad loans to Fannie who then resells them as triple A absolutely safe MBS, essentially letting the banks take the profits and the taxpayers take the risk and the losses.

As banks did this more and more, running a printing press that used this back door to let banks write government guaranteed mortgages, it fed upon itself like a cancer.

For 30 years, as both the Presidency and control of Congress shifted back and forth between both political parties, and back and forth again so that every elected official of all parties are guilty, this cancer grew, fed by bank contributions to every elected official in America, until it not only transferred $800 billion in new national debt to the taxpayers, and it has destroyed our economy.

This bailout is like cutting the tail off a dog one inch a month instead of all at once.

There will be headlines continuously as we taxpayers inject more and more capital into Fannie and Freddie.

We should, instead, just put them out of their misery and return all mortgage financing entirely to the banks and savings and loans, with no government involvement whatsoever.

This is nothing but creeping socialism.

Red China Sleeps Easier Thanks to US Taxpayers

Paulson’s bailout of Fannie Mae and Freddie Mac just returned the $376,000,000,000 of their debt owned by the Chi Coms to AAA status, and guaranteed Communist China will collect every penny of principal and interest.

 Isn’t our government great?

Wait for your tax increase to pay for it.

Watch Our Government Make Insiders Even Richer

In previous posts I criticized regulators for not shutting down trading in insolvent stocks like Fannie Mae and Freddie mac.

Watch the details of the takeover of those companies. I guarantee the regulators will not do the right thing and take them over the same way as banks are taken over, by eliminating the common stock completely.

We know 9 percent of m ortgages are bad and Fannie and Freddie only have 3 percent capital so they are insolvent by 300 percent, so the stock is worthless.

Watch the regulators do a takeover sufficiently complex that you and I do not dare buy the stock immediately, yet the Wall Street insiders will know the true value and will get even richer by having access to information that you and I don’t.

Put em all in jail.

Today Is A Very Special Day for Me

SEE WHY  AT THIS LINK

Frank Lynch Withdraws As Candidate for President

Effective Friday, May 9, 2008, Frank Lynch the Futurist withdraws as a Candidate for President of the United States because the national media failed to devote any attention to the issues, and instead continue to focus only on irrelevant and specious details that have no bearing on the future of our Nation.

The failure of the media to address the issues means that our next President will be one of the fatuous corrupt liars who have no substance and no purpose other than to maximize their corrupt personal gains. Because our country will continue to have no effective leadership, Communist China, which has the most effective and focused government in the world, will continue to succeed in their fifty year plan to take over the world.

America, of course, has no fifty year plan. Our idiot and incompetent leaders, as well as the would be leaders, do not even have a nine month plan. Even worse, our leaders are so stupid and blind that they cannot even comprehend the seriousness of Communist China’s plan to take over the world!

The campaign materials will continue to be posted on the web at http://www.franklynch.org as a public service in the hopes that the other candidates, and our huge community of nonprofits and think tanks will continue to absorb the innovative concepts of Frank’s Top Ten List to move America a hundred years into the future quickly enough to avoid conquest by Communist China.

America also faces the prospect of collapse from within, as happened to the USSR. The collapse of the dollar has already happened, accompanied by runaway, debilitating inflation in housing costs, energy and more recently food

The bright spot is that the nonprofit community and the infrastructure of the Democratic Party have been adopting important concepts from Frank’s Top Ten List. Indeed, the infrastructure of the Clinton and Obama campaigns and the Democatic Party around the nation are not only the most frequent visitors to Frank’s website, whenever he posts a new idea, they positively swarm the website, exceeded only by the Chinese military intelligence visitors who are concerned because Frank was the only Presidential candidate who focuses on China’s threat to America.

Although it is hard to believe today because Frank’s ideological leadership has been so effective, when Frank’s Top Ten List was first posted in July, August and September of 2007, no Presidential candidate or their websites included the following concepts introduced by Frank Lynch the Futurist:

1. Energy Independence

2. A National Contest for Plug In Electric Cars

3. Universal Healthcare (Kucinich had this, but Clinton and Obama did not! Really!)

4. Free College

5. Providing Vastly Increased Support for Working Mothers including:

6. Year Round School

7. Free Daycare

Because the other candidates have adopted these ideas from Frank the Futurist, by definition Frank Lynch has become the new ideological leader of the Democratic party. Naturally, because the other candidates are nothing but corrupt politicians, they will never acknowledge Frank’s contribution, but we have the documentation of their staffs swarming http://wwww.franklynch.org and “coincidentally” publishing these ideas as their own immediately after we published them. What is important is that they do adopt these ideas so that America benefits.

Frank Lynch’s success in pressuring the other candidates to adopt these true issues will have a lasting and permanent impact on the future of America. Frank has thereby succeeded in improving the life of every person in America, and made a unique and important contribution to our people. Actually Frank has had a greater impact on America than whoever becomes the next President, because Frank introduced and popularized the ideas, and the next President will merely be working on Frank’s innovation.

Unfortunately, because they are owned lock, stock and barrel by their corrupt contributors, the other candidates have managed to mangle their implementation of Frank’s Top Ten List to enrich their corrupt supporters, such as all of Clinton, Mccain and Obama forcing us into the clutches of the evil insurance companies. Their corruption has greatly diminished the benefit of Frank’s Top Ten List.

Therefore we shall continue to post the Frank’s Top Ten List with the intention that America’s leaders, nonprofits and think tanks may continue to adopt these crucial concepts so they may eventually be the core of a National Strategic Plan for America.

This is not goodbye.

Frank Lynch the Futurist will continue to advocate meaningful change, as opposed to Obama’s phony and false change. Frank will quickly publish roadmaps on how to remove the obsolete instituitions that are holding America back in the 20th century while Communist China leads the charge into the future.

Well before the elections, Frank the Futurist will publish exciting new concepts that will greatly effect the November 2008 Presidential elections.

To join the excitement of a totally new future for America, bookmark  http://www.franklynch.org and return at least monthly.

In the meantime, America’s educational system is broken and is dragging our Nation down. The portions of Frank’s Top Ten List that the other candidates have adopted are not enough. Please visit http://www.fluni.com to save America’s future. Unless Frank Lynch University is successful, there will not be enough medical people in America to care for you.

The most important thing you can do for America right now is to donate tax deductible to Frank Lynch University at http://www.fluni.com

Save America and donate today. It is tax deductible.

With true affection for all of you who rise above partisan politics and wish to truly help America instead of just acquire corrupt power,

your friend,

Frank