Iranian of the Day

a real PhD

To my surprise, Farid Khavari really does have a PhD in economics,
from the University of Bremen, Germany, in 1976:
Titel: Die Ölpreisbildung der Organisation ölexportierender Länder
(OPEC) : eine Analyse der Bestimmungsgründe / Farid Akhtarekhavari
Verfasser: Ahtarihavari, Farid
Erschienen: 1977
Umfang: 289 S.
Hochschulschrift: Bremen, Univ., Promotionsausschuss Dr. rer. pol.,
Diss., 1976.

~~ Sen

What I can do, is keep my arm
from bringing others any harm.
How can I give the enviers ease?
They are themselves their own disease.
(Sa'di, Gulestan 1:5)

~~~~~~~~~~~~~~~~~~~~~~
//senmcglinn.wordpress

CAUTION: Steve Marshall & Sen McGlinn

Are old Baha'i friends and New Zealanders from Dunedin in the South Island. Both also have a long record of anti-Iranian sentiments and chicanery, especially Steve Marshall who is an out and out anti-Iranian racist. While McGlinn and Marshall's wife, Alison, have been officially disfellowshipped from the Haifan Baha'i community, for years the activities and behavior of Steve Marshall and Sen McGlinn has proven otherwise showing that both are working hand in glove with the greater interests and agendas of the Haifan Baha'i establishment.

People should be advised that given Mr Khavari's past with the Baha'i administration that individuals associated with this organization (especially its BAHAI INTERNET AGENCY) are here attempting to discredit him with complete hubris. Note neither McGlinn or Marshall are economists or remotely qualified to be speaking as experts in the matters they are attempting to pontificate here.

KHAVARI FOR FLORIDA

I am well aware of the

I am well aware of the multiplier effect which means that one dollar extra deposit in a bank leads to say 9 dollars of extra money in circulation. But if you go to his web site you will see that Mr Khavari does not understand this - he thinks that he can set up a state bank that will lend 9 dollars for every dollar it takes in deposits, and will therefore be able to lend money at 2% while paying 6% interest to its depositors. What he proposes is illegal, and economic lunacy.

~~~~~~~~

What I can do, is keep my arm
from bringing others any harm.
How can I give the enviers ease?
They are themselves their own disease.
(Sa'di, Gulestan 1:5)

~~~~~~~~~~~~~~~~~~~~~~
//senmcglinn.wordpress

"It comes from the INITIAL

"It comes from the INITIAL $100 being deposited and then $90 being RE-LENT in a CHAIN."

 
Ah yes, it makes perfect economic sense for folks to borrow money from a bank at 10% interest, then to deposit that money back into into a bank so they can receive 5% interest on it. Borrowing money to gear up a property or stock purchase - yes, that's a possible scenario. But to reinvest in a bank - no, not possible. 

He IS an economist!

Sen McGlinn,

Sorry. But Mr. Khavari IS INDEED an economist!

The $900 expansion created on the original $100 by the fractional reserve banking system (invented by the British) does NOT come from that single initial deposit and loan transaction ITSELF. It comes from the INITIAL $100 being deposited and then $90 being RE-LENT in a CHAIN. Then that person puts the $90 in the bank and that bank (or the initial bank if it is deposited there!) can lend $80 out AGAIN. So on with the $70, $60, $50, $40, $30, 20, etc as money is deposited, a reserve held, lent again, and re-deposited. That is how you get the $900. DUH indeed!

The future of the human race will be determined by two things:

(1) Rogue nuclear weapons falling into the hands of fundamentalist religious fanatics.

(2) ALL THE RELIGIONS of the entire human race whether fundamentalist or otherwise being completely illiterate in their top down organizational leadership on any technical understanding of economic matters whatsoever.

Things do not look good, therefore, AT ALL for anyone anywhere!

Mr. Khavari is also indeed quite right about a possible state bank solution to end usury. This idea is being discussed everywhere these days by people who know the history of Benjamin Franklin and his invention of the famous colonial script! And, in case no one here knew it,  there IS an existing sate bank in operation right NOW! THAT is the Bank of North Dakota that came out of a populist revolt in 1919 after WWI by the farmers there who got tired of being ripped off by Wall Street backed land speculators.

//en.wikipedia.org/wiki/Bank_of_North_Dakota

The fastest way to get up to speed on economics via the Internet in the present crisis are these links:

Everyone's first duty in the crisis is to educate themselves as to the origins and current state of our economic system:

CRASH COURSE IN ECONOMICS 101 - 21 VIDEOS (4 HOURS)
//www.chrismartenson.com/crashcourse

ELLEN BROWN EXPLAINS THE LAST 350 YEARS - 5 VIDEOS
//www.youtube.com/watch?v=QU0XiklHPMc
//www.webofdebt.com/
//webofdebt.wordpress.com/

DOUGLAS RUSHKOFF EXPLAINS THE LAST 500 YEARS - 1 VIDEO
Life Incorporated: How The World Became A Corporation, And How To Take It Back.
by Douglas Rushkoff
//lifeincorporated.net/

STUDY THE HISTORY OF THE 300 YEAR OLD FRACTIONAL RESERVE BRITISH BANKING SYSTEM MODEL THAT STILL RULES US TODAY - 5 VIDEOS
//www.youtube.com/watch?v=vVkFb26u9g8

CATHERINE AUSTIN FITTS: HER PERSONAL STORY
//dunwalke.com/

Catherine Austin Fitts on Goldman Sachs (06/09)
//www.youtube.com/watch?v=PbjPHwBVCSU

Catherine Austin Fitts IRTA Barter Convention (09/08)
//video.google.com/videoplay?docid=-545560513...

Ellen Brown is probaly the quickest way to grasp the immensity that everyone on Earth through being interconnected to an economy currently being run by "D" student dunces is having brandy on the Titanic. You have to understand the topic or you are dead.

Mr. Khavari is a highly moral man. He stood up to the lifetime incumbents that run the Baha'i Faith in the United States. He can now stand up to the lifetime incumbents who run the government of the United States.

If I lived in Florida, he would have my vote!

The man is not an

The man is not an economist, he's an inventor. Fractional Reserve Banking does NOT mean you can lend more money than you borrow. That's illegal. The "reserve" is a ratio set by the central bank, say 10%. That means if depositors save $100 with you, you may lend out $90. Not $900 ! Duh! A Bank that wanted to lend $900 on a deposit of $100 would have to go out and borrow $800, and who would lend money cheaply, to a "bank" that has little deposits and big loans?

This is a revival of the Social Credit fad of the 1930s. It's a funny money scheme 

 As for the other ideas - yes, if you allowed yourself to print money at will, you could do these nice things with it. In the real world, resources are limited and the federal government is not going to allow any state to print money, because it causes inflation or (if more states jumped on the band wagon) hyper-inflation.

~~~~~~~~

What I can do, is keep my arm
from bringing others any harm.
How can I give the enviers ease?
They are themselves their own disease.
(Sa'di, Gulestan 1:5)

~~~~~~~~~~~~~~~~~~~~~~
//senmcglinn.wordpress 

Interesting twist of fate

If this the same man, i.e. the outspoken son of the Akhtar-Khavari who was the subject of a chapter in Mehdi Abedi & Michael Fischer's DEBATING MUSLIMS: Cultural Dialogues in Post-Modernity and Tradition, back in the 1990s I briefly corresponded with him. I believe this is the same man who got involved in a heated, nation-wide disagreement with the Baha'i National Spiritual Assembly and accused the Baha'i body of nepotism and corruption throughout 1994-1995. If this is the same guy, this man has some serious integrity behind him, and while a Baha'i-zadeh, he is no friend to the American and international Baha'i administration and establishment who disenrolled and disfellowshipped his Baha'i membership due to the disagreement.

I hope he does win, and wins handily. It would be an enormous irony of fate if he did!

Elect Him as Govenor

If he runs the government based on the Baha'i principals and succeeds, Florida will become a role model for the rest of the nation!

By the way he reminds me of the great Eli Wallach, I love that guy and his movies!

Go Farid... 

Economics 101

I read through Mr. Khavari's proposal for the Bank of Florida. It seems the bank would borrow at 6% but lend at 2-3%. Sounds like a negative spread. How could that work?

A couple of corrections

I wish Mr. Khavari the best of luck in his bid to become the next Governor of the State of Florida.  It is great to see Iranian American running for and holding high political offices in the U.S.  However, there are a couple of points in this info-blog that need to be corrected:

1)  There are no individual leaders in the Baha'i' faith.  In this blog it was mentioned that Mr. Khavari's family moved to India because his father was a leader of the Baha'i's.  This is an incorrect piece of information.  Baha'i's world wide are guided by elected institutions locally, regionally, nationally and Internationally. Members of these institutions are elected for periods of 1-5 years depending on the institution.

2)  Baha'i's do not participate in partisan politics.  This means Baha'i's cannot be members of any political party in any country including the U.S.; so to see a Baha'i' Democrat is sort of odd.   If Mr. Khavari is in fact a Baha'i' (I don't know if he is or not), he cannot run as a Democrat.  In case in State of Florida Independents have formed a formal party with their own candidates, Mr. Khavari (as a Baha'i') cannot run as an independent candidate either.

I do not know anything about the political system of Florida.  However, if a person can run for and hold the office of the State's governor without any party affiliation, Baha'i's can run for and hold that office.

Seems to know what to do, we need one like him in California

From Wikipedia about Mr. Khavari:

On June 22, 2009 Khavari announced his intention to run for Governor as a Democratic canddiate. On his campaign website [4], Khavari stated that "Florida has huge economic potential, but what we have are huge economic problems. We can't look to Wall Street, or the banks, or Washington, or our Florida politicians to solve these problems. Our Florida politician helped create this mess, yet not one of them has a plan to fix it, only plans for how to get elected." Khavari goes on to say "That is why I am running for governor. I am an economist, and I have a comprehensive plan to solve Florida's economic problems without higher taxes. This plan will also enable you and your family, and all Floridians, to build the economic security you need and deserve." [5]

A key part of Khavari's economic plan is to create The Bank of the State of Florida. "Using the fractional reserve regulations that govern all banks, we can earn billions per year for Florida's treasury, while saving thousands of dollars per year for Florida homeowners," Khavari said. "After we cover the $50 billion in Florida State Board of Administration losses, we can reduce taxes." [6]

Thus far, Khavari's Economic Plan has received a positive response [7], with some asking whether it could work in their state or municipality. [8]

Khavari is the author of nine books, published in the U.S., Germany and Iran. He has also written numerous articles on energy, economics and politics. Khavari's 1993 book Environomics was praised for proposing a "comprehensive and thought-provoking revisioning of contemporary economic practice and understandings." [9]

Hope he wins if he is good...

Floridians are suffering.. many of my friends are unemployed.... hope he wins if he can do good...not because he is Iranian.. or because his family members were persecuted by Iran.... and by the way it does not say that he is a Bahai ... his father was but that does not mean that he is... it does not make any difference anyway.  I wish him well.

unity of mankind

I hope you and all of us can work for the unity of mankind and for the people of the world.

unity of mankind

I hope you can work for the unity of mankind in USA.

Hope he wins

Since 1999 no democrats have been governing Florida. Time for a change.

He is a great Iranian

Dear Hojjat - I am not a religious person at all and like to look at things more from science base than empty assumptions. With regard to Bahai faith, unfortunately, many of them left negative impression through their persistence advertising while I was at university. Their approach to convert was cheap and waste of time. As I said, I am sure he will be a good Governor and wish him the best. 

Gee and His Father was Executed after Revolution too

I'm Sure his late wife and Father would be Proud of Mr. Khavari's achievements !

All the Best to Your Campaign Sir !

He is great IRANIAN man because he is a Bahai!

in response to bahramthegreat.  He has not screwed with Islamic teaching.   He seems very practical economist.  I wish him the best.

Payandeh Iran & IRANIANS 

He is a great man

Leaving his religion aside, he is a great man and deserves to be the governor of Florida.

He's got my vote although I'm not in Florida

.