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What the Hell happened to “Swine Flu”?

January 7, 2010 Leave a comment

Remember the ads?  The govt’s warnings about this being potentially catastrophic “pandemic” (the formal UN classification)?  The millions wasted on contingency plans?

What the Hell happened?

Should we just ignore similar UN-issued warnings in the future if this one was such a joke, such a non-event, such a complete waste of time?

I suspect it’s a dry run, but who knows what the world’s governments are up to?

The motivating madness of government fascism

January 5, 2010 Leave a comment

People don’t see crises coming because they believe in the rationality of government.  They don’t see the dynamic inherent in a coercive rent seeking entity that necessarily compels governments worldwide towards madness again and again and again.

WWI was madness.  The Great Depression was madness.  WWII was madness.  Hiroshima was madness.  The Cold War was madness.  Chernobyl was madness.  The deliberate death of the Aral Sea was madness.  The destruction of arable land worldwide to convert this precious fertile land into low-density residential development is complete madness.  Deliberate and govt-supported over-fishing worldwide is unsustainable madness.  The GFC was predictable madness.  The continued presence of the West in Afghanistan is madness.

Why do governments the world over act with such apparent suicidal, manic-depressive blind stupidity, such venal short-termism, such environmental destruction, such barbarity?

Because very simple incentive structures built up over time around the coercive activities of government compel it towards destructive barbaric madness.  Simple.

Those contractors supplying government make money out of what government does.  Government (originally) was developed to provide a limited range of essential services – law and order and defence.  Suppliers to government have a natural incentive to try to convince government to spend more, to make government bigger.  It’s an easy gig because governments can print to finance their own spending habits (unlike the private sector).

Governments then get bigger doing things they shouldn’t do.  And because there is no appeal process beyond government (all you can do is appeal to another agent of government), government has a natural tendency to get bigger because nothing can stop it short of complete anarchy.  So it keeps growing until chaos really does ensue.

This happens again and again throughout history and every time people are “shocked” by the chaos, by the suddenness of the social breakdown.  The Soviet Union, Iran, the US in the ’60s, Cambodia, the former Yugoslavia, Europe after WWI… all these regions experienced government-induced chaos, government supported madness.

The US will experience exactly the same social breakdown, the same insane bankruptcy, the same comic-tragic stupidity.  Why?  Because the dynamics of government compel the country towards this inevitable denouement.

Let me explain by providing a quote from Bill Bonner of Daily Reckoning:

Bethesda is one of America’s wealthiest suburbs. Money from all over the nation rolls this way. The playing field is tilted in Bethesda’s direction.

“I was sitting in the Starbucks, having a cup of coffee,” Elizabeth reported. “One man next to me was on the phone. He was talking about some deal he had done with the US Army in Afghanistan. It sounded as though he was very happy with it. The man next to me on the other side was on the phone too. He was a jollier fellow, talking loudly about how much money he had made. I thought he was a stockbroker or something like that. Then, I realized he was talking about a contract with the government.”

While the rest of the nation has suffered a setback over the last ten years…the Washington metropolitan area has boomed more than ever. Real estate prices are down…but less than other areas.

And when we looked for a house to rent, we expected to be able to name our price. We thought it would be a buyer’s market. Not so. Nice houses in Bethesda are still being sought after. How so?

Wars…bailouts…boondoggles – this area loves them. Federal employees’ earnings keep going up…and a higher portion of the US national income goes to Washington.

People make money out of the government’s fascist madness.  So the fascist madness increases.

Simple.

What’s hard to understand about rent-seeking?

Washington Post calls for fascism in America

December 20, 2009 Leave a comment

To quote WaPo directly, to ensure there is no confusion:

Whatever good [the financial regulation bill] might do would be canceled out by the inclusion of Texas Republican Ron Paul’s proposal to subject the Federal Reserve’s monetary policymaking to regular audits by the Government Accountability Office, an arm of Congress.

Supporters suggest that the measure would merely provide “transparency” for a secretive, powerful institution. But for all its wide, bipartisan backing, this is anything but a prudent or centrist law. In fact, it is an attack — born of crisis and the attendant emotions — on the political independence the central bank must have to do its job.

The case for political independence at the Fed is elementary. Elected officials, such as members of Congress, are inherently loath to tighten the supply of money available to their constituents, even when that might be necessary to fight inflation. U.S. experience, and that of countries around the world, confirms this, which is why Congress exempted the Fed’s money-supply decisions from GAO scrutiny in a 1978 law. Mr. Paul’s proposal would effectively repeal that. Investors already spend enough energy and money trying to figure out where interest rates are heading without this additional dose of permanent uncertainty. Trust in the Fed, and, by extension, the dollar, will evaporate if markets believe that the Fed is courting the approval of Congress’s auditors.

Mr. Paul doesn’t care; he’s an “end the Fed” man. In the past, other members of Congress have basically just humored him. It’s a sign of the times — and not a good one — that they have been Fed-bashed into following him now.

The case for political independence at [insert any important government dept here] is elementary. Elected officials, such as members of Congress, are inherently loath to [do the right thing long-term], even when that might be necessary to [do so for the long-term interests of the country]. U.S. experience, and that of countries around the world, confirms this, which is why [we advocate fascism in America].

Do you see how this argument can apply to any important government policy?

If the same argument can apply to any government policy, why have democracy at all?

It must be because WaPo supports fascism in America.

Categories: Central banking, Fascism

Japanese govt is considering putting Lithium in the water supply to lift Japanese spirits

December 18, 2009 Leave a comment

No joke.

First Flouride.

Then Lithium.

I’m worried if the govt gets frustrated because the people aren’t happy enough it will do a  “Jim Jones” and try to give us free Kool-Aid

Hopefully we’ll all act happier and it won’t have to come to that.  At least not in my lifetime.

Categories: Fascism

Taxing the air we breathe

December 16, 2009 Leave a comment

Copenhagen isn’t going so well.

India has labelled Australia’s delegation as an “ayatollah” for their zealotry on the one-track approach, which will eventually force all countries on to a single treaty.

It’s always best when there are only two wings on the govt bird of prey.

According to the SMH, there are 3000 journalists, 22,000 observers (including lobby groups and activists), and 8000 delegates representing 192 countries.

8000 wings on the same bird of prey. 

That’s a lot of flapping around, but it’s unlikely to get off the ground.

One year to go, Germany

December 15, 2009 1 comment

On 3 October, 2010, Germany will make its final payment on its WWI debts, imposed on it by the Allied Powers via the illegitimate, coercively imposed Treaty of Versailles, which precipitated the Weimar Republic’s hyperinflation, which wiped out the German middle class and precipitated WWII.

Can you believe that through all of this, the debt was still enforced, payments still honoured, and interest paid on the debt for nearly a century?

Oh, the humanity!

1984 in 2009

December 12, 2009 Leave a comment

You know you’re living in an Orwell novel when:

1. The only politician who makes sense (Barnaby Joyce in Oz and Ron Paul in the US) is treated as a lunatic, and the lunatics (“robot” Julia Gillard in Oz and “Master Freemason” George Bush in the US) are treated with respect.

2. Joyce is castigated for telling the truth about sovereign debt.

3. Joyce is told it’s “irresponsible” to suggest that some States could not pay back their debts.  Surely it’s “irresponsible” to have racked up enough debt for this to become a controversial issue in the first place!

4. The ETS is treated as serious policy and REAL environmental catastrophes such as dry land salinity, oil spills of the WA coast, the corrupt mining industry raping fertile farmland for a cheap buck, and topsoil erosion are all studiously ignored by the media.

5. Insane US and UK debt levels are treated as “normal”.

6. Krugman argues (successfully) that more deficit spending is the only “responsible” way for the US govt to get out of a  financial crisis brought on by too much debt.

7. Not one mainstream media outlet seriously questions the billions in misallocated stimulus spending.

8. Counterfeit banking is respected, lauded and made legal.

9. Fake health scares such as SARS, and Swine Flu require compulsory vaccinations of the populace.

10. Good people are murdered, their lives or careers destroyed for speaking out and telling the truth.

Categories: Fascism