The Lee-Tseung Lead Out Theory

[Pirate88179]

I hope Lawrence actually sends his "open letter" to the White House.  He will then have the honor of being placed on the Secret Service's "Kook" list.  He will be in good company.

Bill

[chrisC]

Appendix supplied by Mr. Lee Cheung Kin (Part 2 of 3)

In this Figure 2, A proof-of-concept prototype is shown flying in a stadium in China.The picture was taken in the last week of October 2008.

The prototype was not perfect but it conclusively demonstrated the correctness of the theory described in Figure 1.Mr. Lee Cheung Kin expressed his wish that the scientists of the World should work together to advance such technologies to benefit mankind.

Oh, btw, did you see how bad the photo was doctored? The 3 guys including the cameraman were looking not at that PhotoShoped object and certainly the camera was not pointed high at the sky.
Old Tseung, do you think we have a childish mind like you? Do you want us to believe in your snake oil? Get a life!

cheers
chrisC

[ltseung888]

Hi!

@tseung888
In my humble opinion and I can be wrong.
With the creation of such flying machines in the present unsolved world peace, could be that instead of helping humanity to progress peacefully to a better world, you are helping to make true and easy to do star wars.
I think that Instead of trying to give so high a step into the future, why not help with the energy biggest problem that is to obtain real overunity elctricity now?

Remember, this is just my opinion and I can be wrong.

Jesus

Both the lead-out-energy machines and flying saucers have been developed in USA and China.  Both Countries treat them as top-secret at present.

In presenting the theory now and the proof-of-concept prototypes later, I hope the Governments will have the sense to release such technologies to benefit the World.

President George Bush will not disclose such technologies because he started the war in Iraq for its oil.  There is a good chance President Obama will release such technologies as they will help to solve the financial crisis.

[critic]

(1)   The Cause

Let me simplify the steps so that we can have a meaningful discussion.  The following simplified steps bring out the root of the problem.

(a)   The Federal Reserve Bank creates Money.
(b)   The money is passed to private banks.  These banks can further magnify the money by leverage â€" loan out more than they receive in deposits.
(c)   Since banks earn interest from thin air, it is to their advantage to loan out as much as possible.
(d)   The Federal Reserve Bank and the private banks created too much money over the years.  If the money were used to buy real goods and services, the price of such goods and services will go sky-high
(e)   Some guys in Wall Street thought up derivatives and helped to create the biggest casino in the World.
(f)   The banks sell and buy the derivatives with no real assets.  The excess money found a way to circulate without causing huge inflation.
(g)   With no sensible Government monitoring, some guys in Wall Street extended the madness into the mortgage market.
(h)   They loaned to individuals without vigorous checking.  The assumption was that the property prices would go up.  If the individual failed to pay, the real estate would have value.  The banks could sell such property.
(i)   To improve liquidity, the mortgage was packaged into financial instruments and sold as grade A assets all over the World.
(j)   The mortgage companies and banks could loan out more and earn more interest from thin air.  The derivative financial papers inflated the value so much that selling the underlying assets will not get the paper buyers any significant money.
(k)   The bubble eventually burst.  USA real estate prices stopped going up and started falling.  Many investors and homeowners defaulted.  The so-called grade A assets lost value.
(l)   Some of the largest mortgage companies, Investment Banks and Savings Banks started to collapse.  The George Bush Government did not see the danger immediately.  They allowed some of these so called trusted financial institutions to fail.  That caused panic Worldwide.  Even the Hong Kong citizens lost billions in the Lehman Brother Papers.
(m)   Many banks sold and owned many financial papers.  They became reluctant to loan and got worried about their own survival.  Many also issued similar derivative based financial papers.
(n)   Once Banks became reluctant to loan out money, many legitimate businesses suffered or collapsed.  This is how we got into the present financial crisis.

(2)   The Possible Alternatives

Let us list the possible obvious alternatives before discussing the innovative proposals.  The obvious possible alternatives in handling the worthless financial papers are:
(a)   The Governments allow their Banks to default and collapse. That was the initial action from the George Bush Administration.  They soon realized that the Market was not Almighty.  This alternative will lead to the collapse of all Major Banks in USA and in Europe.
(b)   The Governments back up their Banks who issued these Financial Papers. Some Governments provide the money in the form of loans and others provide the money as investments.  Government monitoring is inevitable. 
(c)   The Governments work out deals with buyers of such financial papers.  The Investment Banks such as Goldman Sache and Morgan Stanley transformed themselves into Commercial Banks.  Their financial papers could be converted into numbers in deposit accounts.  Financial papers were not protected.  Deposits were.  Some Governments protect deposits with no upper limit.

The financial meltdown was temporarily prevented with alternatives (b) and (c).  However, the trust in the financial papers is gone.  The money will be used to purchase real goods and services.  This will cause intolerable inflation.  Higher interest rates could batter the housing market and might not be the best solution.

The planned solution to stabilizing the housing market is likely to be:
(a)   Buy up property with Government funds so that the real estate prices will stabilize.
(b)   The now government owned properties will disappear from the market temporarily.  They may be rented out at low rates so that the Government does not need to maintain them.  Some of the renters may even be previous homeowners.  There can even be creative deals such as co-ownership â€" if and when property prices rise and sold, the profit is shared.
(c)   Slow down the new housing construction so that the shortage of supply will drive up or maintain prices.
(d)   When the property market stabilizes in a couple of years, turn some of the renters into homeowners again.

(3)   The Innovative Alternatives

Modern Wealth is the quality and quantity of meaningful economic activities.  We must increase these meaningful economic activities.  Two of the coming pillars are:
(a)   Lead-out-energy machines and
(b)   Flying saucers.

In USA, the Jupiter Financial Group based in Corning, Arkansas funded a 225 HP Pulse Motor.  That particular motor is known to USA Government sources as it was prevented from being sent from the USA in October 2006 to China.  That particular motor uses batteries to start.  Once started, it leads out magnetic energy (more correctly electron motion energy) and runs without burning any fossil fuel.  That particular group could not understand the source of energy at that time.  I met them including their Chairman, Mr. John W. Bush, at Tsinghua University, Beijing.  (Contact Information - telephone: xxxxxx, email:xxxxxx)

I explained the theory behind their invention and also extended the explanation to the design of a flying saucer.  The explanation is available at http://www.energyfromair.com/IOE_talk.

These innovative solutions will let the World focus on the potential of non-polluting, virtual inexhaustible and easy-to-extract energy.  The technology can be applied to replacing all power plants, home generators and every electrical appliance.  The opportunity for further development and investment is huge.  The flying saucer technology is also mentioned in the same presentation.  The prospect of that is even greater â€" the flying saucer is likely to replace the home as the most important asset of every family.  It can fly to anywhere including outer space.

The most innovative part is that if the US Government is the owner and initial major shareholder of the sure-win Company of such technologies, the expected profits will pay off all National Debts.  The US Government already owns some of these technologies and I am willing to donate and contribute my part to benefit the World.  The further research and development of such technologies are expected to be taken up by many Governments.  The resources and policies cannot be matched by any private enterprise.  The new US Government can try out the model of “Government-Private” jointly started and/or owned sure-win businesses. The expected Government profits can later be shared with the US Citizens with a higher percentage going to the disadvantaged.

It will be a clear case of creating new wealth and sharing it with all citizens directly.  Most US citizens will not mind more of such wealth going to the needy or underprivileged, as the money does not come out from their pockets.  It is not redistribution of existing wealth.  It is the more idealistic, morally appealing and social-conscious sharing of new wealth.  The reputation and good-will can be regained and enhanced if US starts and leads a worldwide research and development effort.  Terrorism will diminish. The number of new jobs and opportunities created is projected to be in the billions.

The initial start-up investment cost is very low â€" probably less than USD1 billion â€" because some of the basic research has been done as top-secret projects.  The cost will be less and the benefits will be higher if International co-operation is secured.  A more detailed understanding can be obtained via the reading of the ebook on Innovation at http://hk.geocities.com/winghang20022002/.

(4)   Comments

My understanding is that a number of Countries, in particular, China and USA, have already developed some form of lead-out-energy machines and flying saucers.  Such technologies are being treated as top-secret as the flying saucers can wipe out all existing warplane, missiles or spacecraft.  There have been dozens of reports of UFO sightings, especially in California near Area 52.  There is also a YouTube video on the Nanjing UFO that fits the theoretical design description.

The theory is easy to understand â€" by the average Form 4 students or secondary school students who study Physics.  Please get your experts to study the ebook on Innovation - http://hk.geocities.com/winghang20022002/.

Another important source of information related to solving the present economic crisis is the ebook written in 1998 to solve the Asian Financial Crisis in Chinese.  It is available in http://www.energyfromair.com/thebook.htm.  However, the Chinese character fonts must be used to display the information.

(5)   Action Items

(a)   Please contact the Jupiter Financial Group to confirm the lead-out-energy invention.
(b)   Please get the MIT, Stanford or other trusted technical experts to evaluate the information in http://hk.geocities.com/winghang20022002/.
(c)   Please consider implementing the technology and other suggestions outlined.
(d)   I shall be happy to furnish more information if needed.  You can check that I am Chinese-American.  My US social security number is xxxxxx and my Hong Kong Identity Card Number is xxxxxx.

[atomicX]

Humans are trained to be stupid.  When they eat something and it's good, they think it's the food that make that feeling and unaware that it's their emotion that create that feeling.  They take everything for granted and accept nothing that make them feel like a fool.  They depends on centralize government like a ship with non isolable compartments.   They couldn't explain what happens within a split second of impulse so they just describe what happens before and after with explanable laws.  It's time to drop your desires that drive the economy nuts.