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Archive for July, 2012

It is extraordinary that Federal Judges continually fail to understand the founding fathers intent behind the second amendment.  Public education?  Willful ignorance?  Revisionist history?  Who knows where such masterful dimwittery comes from.

The second amendment was not written in the constitution to guarantee the rights of future squirrel hunters to fire upon rodents; it was placed there so citizens could protect themselves from the tyranny of government, including our government, in fact, especially our government.

Yes, originally we had muskets.  Black power, front loading, long rifles, you know the type.  You have probably seen them in the movies.   But guess what the tyrants and oppressors of that day had?  Fundamentally the same thing.  The citizens and the tyrants of government were at a rough parity, one on one.

The reason citizens should have firearms, including fully automatic weapons is because the government does.  Governments always want to remove firearms from their “subjects”.  Otherwise they are very difficult to control and even harder to enslave.

The government wants to use uncontested force.   An armed citizenry is another necessary component of liberty.  Don’t believe me?  Go ask the Nazis and Communists.  Ask the Syrian rebels.  Governments always seek to have the upper hand, in the name of public welfare.  Once they have your guns, they don’t have to reason with you.

Hey McFly?  Hello?  Scalia, wake up.  Read a little Thomas Jefferson and get to know the document you are hopefully defending.

“When governments fear the people, there is liberty. When the people fear the government, there is tyranny. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.”  Thomas Jefferson

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It will come down to the people vs. the banks and the government

Excellent post from Washington’s Blog chronicling a very long list of banking criminality.  For the complete list click HERE.

Highlights…

  • Laundering money for drug cartels
  • Laundering money for terrorists
  • Engaging in rigging rates to defraud local governments
  • Shaving money off virtually every pension worldwide
  • Charging storage fees for non-existent gold
  • Raiding allocated gold accounts
  • Mortgage fraud: both when they are initiated and when they foreclose
  • Pledging the same mortgage multiple times to different buyers
  • Cheating homeowners
  • Committing massive fraud via LIBOR (London inter-bank offer rate).  Biggest known fraud in history
  • Engaging in insider trading
  • Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves
  • Engaging in unlawful “frontrunning” to manipulate markets
  • Engaging in unlawful “Wash Trades” to manipulate asset prices
  • General and widespread market manipulation
  • Participating in various Ponzi schemes
  • Charging veterans unlawful mortgage fees
  • Helping the richest to illegally hide assets
  • Cooking their books
  • Bribing and bullying ratings agencies to inflate ratings on their risky investments
  • Most fraud is by management, not “underlings” and low level rogue employees
  • Systemic and carefully controlled fraud
  • Not much traditional banking. For example, less than 10% of Bank of America’s assets come from traditional banking deposits. Instead, they are mainly engaged in financial speculation and derivatives
  • The big banks have slashed lending since they were bailed out by taxpayers
  • huge portion of the banks’ profits comes from taxpayer bailouts
  • Banks at war with the economy and the people of the world

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Must read list for a useful common item

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They have there pensions to protect

Unfortunately, most police will be more then willing to enforce government edicts rather than protect the rights of citizens from the encroachment of the State, using deadly force if necessary. There are too few exceptions.

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There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.  – Ludwig von Mises

Highlights…

  • Purpose of Government: Therefore they are incapable of making the right decisions.  Governments worldwide are totally incapable of stopping the money printing.  This is their only means of staying in power and buying votes.
  • What caused the crisis: The credit manufacturing system that started in 1913 when the Fed was founded, began its terminal phase in 1971 when Nixon abolished gold backing of the dollar
  • The Matrix – citizens entertained while being shackled into debt slavery: For almost 100 years we have lived on a system based on debt. This has created a false prosperity as well as false values.
  • Lie, Plunder and Murder: The average for 18 industrialised countries is almost 40% (tax rate). This means that on average 40% of the productive economy is transferred to a non-producing entity (government) which wastes most of the money in the process of redistribution.
  • Death of the entrepreneur: But not only that, since the state has taken over up to 50% of the economy in these countries, the desire to work, to strive, to take risk and to invent has been taken away from a major part of the population.
  • Reset: We need to reset the world to a level which is sustainable. The consequences of this implosion would be a collapse of the financial system and a reset of debt to zero.
  • But instead, folly: To any thinking individual, it is totally incomprehensible that governments and central banks believe that an insolvent world can be saved by debt issued by bankrupt nations and then bought by the issuers themselves as there is no other buyer. This is the perfect recipe for self-destruction and “total catastrophe of the system.”
  • Same socialist/collectivist failed solutions: Time and time again, the world creates massive costly, bureaucratic and unaccountable structures that have idealistic and totally unrealistic objectives.
  • Catastrophe for decades: this catastrophe will be unprecedented in world history and have consequences that will affect the world economically, socially and geopolitically for a very long time.
  • Paper wealth will be wiped out: The world is in a total mess and there is absolutely no solution to this unprecedented crisis. The hyperinflationary depression that we will experience in the next few years will totally destroy the majority of the credit based wealth that has been created in the last few decades.

Say good by to pensions, social security, food stamps, medicare, Obamacare, 401k, stocks, bonds, t-bills, etc.  Items built upon credit expansion will deflate.  Items you need, real items, have and will continue to inflate until hyper-inflation is reached.  The governments of the world know of no other way except Keynesian madness.

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Meredith Whitney: The inevitable happening, just not on her time table

She said it was coming to a head probably in 2011.  Well she as a year off.  So, the Keynesian government sycophant perverts (also known as politicians, bankers, and main stream media “journalists”) excoriated, mocked, ridiculed and berated her because it did happen when she predicted.   Never the less, wishful thinking by the lemmings who foolishly worship governments cannot alter mathematical reality.

The list of bankrupt municipalities keeps on growing.  Vallejo in 2009.  Stockton, Mammoth Lakes and San Bernardino this past month.  Now Compton.  And the hits will keep coming.

Let’s see how long the socialists can keep the welfare state running.

 

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Why the explosion of prepper web sites?  What about the ridiculous National Geographic Channel’s pseudo-documentary “Doomsday Preppers”?  What about survival gardens seeming popping up everywhere?  Are they prepping for the end of the world?  World War III?  EMP attacks?  Killer pandemics?

Sure some of that is true for some of them.  They all have their reasons.  Yet, what has caused this phenomenon to come into existence in the first place?

It is simply this, LIES.  Yes, plain old dishonesty.  And I am NOT referring to what preppers believe.   I am referring to the lies told by the government; the main stream media; both political parties; the financial sector (a.k.a. Wall St.); and our beloved central bank the FED.  So people will be fooled into believing in a system that is failing and will fail with mathematical certainty, i.e., U. S. Monetary hegemony.

They do not trust what they are being told and they do not believe the government is acting responsibly. They know they are being conned, hoodwinked, railroaded, bamboozled, hornswoggled, swindled, taken for a ride, led down the primrose path, deceived, feed disinformation, plundered, intimidated, steamrollered, bullied.  In short they have doubts about the story they are being told by their “betters”.

After all, why should they believe their leaders are telling the truth or act responsibly?  For example (most of which is just from today)…

Lies, Damn lies, and statistics

  • Bureau of Labor Statistics (BLS) says unemployment is at 8.2% when it is really at 23% if one uses criteria prior to 1994.  The number has been tweaked to hide the government’s mismanagement of the economy.   The birth-death model is used to pad the numbers and without it unemployment in most months would be negative.  http://www.shadowstats.com/alternate_data/unemployment-charts
  • BLS says inflation is very low, under 2%.  But using the way it used to be calculated (1980) and one removes the substitution, geometric weighting and hedonic adjustments it goes to 9+%.  In the current scheme (or con) food and energy are removed because of their “volatility”.  Yet those volatile items are the very things that effects people the most.   Their experience tells them the government numbers are BS and that BLS stands for Bureau of Lying Statistics. http://www.shadowstats.com/alternate_data/inflation-charts

Out of control spending by the public sector

Banking and Finance

To this can be added debt slavery brought on by Fractional Reserve Banking, debt based monetary system, credit expansion, fait currency creation causing boom-bust cycles leading to collapse.

Not to mention unconstitutional executive orders, liberty and rights violations by police and government agencies, increasing encroachment on private property rights (again by government entities), ridiculous judicial decisions, absurd one sided media coverage (again by the main stream media), search and seizure violations, gun rights violations, spending money on the warfare/welfare state when there is none, etc., etc., etc.

People prep because the government is the problem masquerading as the solution.  People prep because they are being lied to.  And people prep because the economy situation is far more then unstable, it is on the verge of collapse.

When we broke the link between money and gold, this removed all constraints on credit creation. This explosion of credit created the world we live in, but it now seems that credit cannot expand any further because the private sector is incapable of repaying the debt it has already, and if credit begins to contract, there’s a very real danger that we will collapse into a new Great Depression,” he argued.

If this credit bubble pops, the depression could be so severe that I don’t think our civilization could survive it.”  Richard Duncan

He should have said “When”, not “If”

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