Tuesday, June 25, 2013

The Uniform Bonding Code Part 1

The Uniform Bonding Code – (UBC)

Modern Bonding Practice

    With the advent of powerful computers has come the responsibility of analyzing data much more quickly and thoroughly and in terms of the general economic principles of Leontief Input-Output Matrix Analysis.  (See Wassily Leontief, Studies in the Structure of the American Economy, and Wassily Leontief, “The World Economy in the Year 2000,” in Scientific American, September 1980.  Wassily Leontief was the 1973 Nobel Prize winner in Economics.)
    In the modern system of wagering, as applied to insurance and malpractice bonding, several political-legal-economic factors including Legislation, Judication, Execution (enforcement) and the behavior of the general public are treated mathematically as separate industries within the legal system, with the result that these industries can be interrelated b a system of feedback equations and computations, the individual workings and behavior of each industry can be much more closely monitored, and the behavior of the government and public can be predicted and manipulated.

    This amounts to the application of feedback computing to reliable gambling on the economic success or outcome of any given statute or legal process.  It results in a scientific bonding system, and results in the transfer of the power and authority of government over to the bonding companies where it belongs if governments do not want to behave themselves.  (Money talks, bonding controls.)

I will be posting another part of this every day. To read the whole article now, here's the link: http://www.1215.org/lawnotes/work-in-progress/bonding-code.htm

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