Archiv der Kategorie: Allgemein

Go if you think it’s better.

Dear Grees, you do not like the „solution“ done by your Deledefs? Well you are not alone. I don’t like it either. You should have not given any money, despite everything else that is the law.
But find now you took the money, well then I’ve some news for your. You must hold contracts. I know that’s old fashioned but it’s the only way things can work.

You don’t like to hold the contracts? So fine just return the money and go your way. I know you have burned the money, so you won’t pay your debts. Anyway if you think that’s ok go.
But don’t expect anything or anyone to help you against your than alone ruling Deledefs. You think you’re better of without the Euro? Well that could be but your Deledefs will explain to you that it must be a new fiat-Drachme. Well if you think you’re better of with that, I have really bad news for you. You Deledefs will print money as stupid. That means you shining new Drachme will be devalued right from the start in a speed you hardly will believe. Here’s my take on it. The inflation will raise over 10% (I do not think that 25% are the upper bound) That will say in the first case within 7 years your wealth is halved. How do you like that?

If you think to go is better than think about what you do to your deledefs. I suggest sending them to hell. That’s the place they belong to. Insist in a currency as value and do not cry. Getting away form addiction is hurting. And you have lived so long on debts, that not getting new stuff will be hell on earth. Anyway you’ve t pay the debts in one way or the other. Either with honesty (this is the most unlikely outcome) or by defraud. And you can bet you deledes will rob you. Anyway if you think that’s better go. But don’t come along crying how unfair you’ve been treated. You lived on a boom not backed up by anything but hot air. The balloon is busted, and it was you and the promises of an ever expanding state that has lead into that mess. You can try to learn or don’t. It’s up to you, so choose wisely….

surprise! suprise? suprises everywhere.

Oh it was another wonderful day of surprises (well if one can still be surprised)

A bank is in more than knee deep trouble. And surprise, the CEO of this bank has asked for a Bad Bank at the beginning of the year.
Surprise, surprise, the politicians play a major role in that bank. And surprise an insolvent bank is taken over by an insolvent state from Deledefs which have
driven the bank in insolvency. Surprise.

But that’s not all, the diverse institutions of the EU burn money, surprise. Let’s see most of the EU is not been voted but „established“ from surprise the parties in the diverse countries.
And guess what the EU wants more money to pay their bills, surprise.

You can see the world is full of wonders and surprises.

Contracts, Law or not

Well we learned the Greek do not want to pay their debt any more. Ah well it fits.
Who cares about contracts? Who cares about saving in time? Who cares if the states sprawl epidemic?

The socialists of all color are at work. We know that from the diverse books ob von Mises (in this case
Bureaucracy)
And with too man of them (as e.g in Greece) the arbitrariness comes

It’s clear that if you do have got paid from states (which means someone else has to pay for you, without the need of any delivery from your side), you
like to keep it that way. And so if you go to the vote you will not choose for those „taking away“ from you. Oh well yes who cares?
Promises, light money, deledefs, central banks every part enough to send you into default.

Now I’m interested how the other defrauders will act. Saving? Come on let’s be serious., that’s nothing deledefs can. They just can take more from the productive, burn more money and
grow like pestilence. You see the actions. Nothing really way saved, au contraire, the debts have grown even faster, and the levels of bureaucracy are still increased. Oh „yes“ that’s what we need more thieves.

And you can bet the laws are getting worse. It’s more and more a means of oppression, it’s not to save the individual of their states, it’s to save the states for their people. It sucks very badly. And the states or nothing more than crooks. I hope they will have to pay their debts and misdeeds this time. (I know it’s more likely that hell freezes over)

The vote in France

As expected and wished for Hollande has won. The good thing having a socialist is that we’re faster through it all. That’s all there is to write.

France will now try to get the EZB printing more money, financing programs for the unemployment and whatever. The result will be as one can expect. We’ll see more poverty more
unemployed and even more debts. In the end the system will break down as von Mises has told up. Nothing can stop a credit expansion to stop. It’s sonner or later the later the bigger the devastation. France will surely have moor poors and you can bet the functionaries will be fat.

Now if you followed this blog you will know what I expect. Now with a socialist at the top we’ll see even more dangerous engagement in markets. So the race to the bottom is accelerating.

Other races to the bottom

Well one might think some countries may learn from their own but also from other’s countries faults. I guess I’m again very mistaken about it.
As I wrote before it’s obvious that the USA, Eurozone, Japan and China are racing to the bottom. One may ask why I include China the „big grower“. Well very easy
I say bubbles. And in China the bubble with houses are obvious. It’s not yet the case that every Chinese can buy for 1000€/m-² or whatever the price is.
But it does not matter they have planned and build cities our in the nowhere an hardly anyone has settled there. So that’s a classical malinvestement.

Last but not least Chins is a socialistic dictatorship. The PARTY is capable of nearly everything (as long as the party members are covered by their companions) I guess it would be very interesting to see how wealthy the member of the party are. I bet 1000:1 they are all much „richer“ than the average Chinese worker. Every other outcome would be a big surprise

But I do not want to write about the stupidities of the developed countries. But the stupidity of socialists world wide. As you know Argentina has defaulted some 15 or so years ago. And now they start expropriating the „oil companies“. Well the promises they made before the votes have cost dearly and Inflation is a serious problem to anyone living there. But hey it’s not the actions to kill the market, it’s the speculators stupid. Argentina has wiped our the middle class after that default. And now they want to wipe out the lower middle class also. So yes they have not learned the smallest think, neither from their own faults nor the money printing faults of other countries. So you can count in Argentina on the race to the bottom. I guess they will take the pace sooner than later.

The other stupid countries are Bolivia and Venezuela. In every country the socialists are at work and you can see it everywhere. Expropriation every where. Stealing from the people with high inflation and wiping out the small wealth the people have accumulated. So they will go down also. That’s so fucking stupid and sad….

France may like to end the „german Vorherrschaft“

Well on is for sure, the French do think of themselves as a grand nation and I guess we Germans are not that loved.

That has quite a bit of potential. Let’s hope that Hollande will win, and so France will like to end the EU experiment. And well if in doubt. „Blame the Krauts“.
And indeed Hollande started this sound. I guess we Germans should not be too suprised.

I do not wish the socialists in France anything good. I just hope they got that kind of hell they seem to prefer. I’m sorry about the last liberals west of the Rhine.
They will have to pay the bill. Everyone but the Deledefs know that they can not generate value. And so they are a waste, and someone has to pay for this wasting.
That are the rests of productive workers.

So with Hollande we have higher chance that France will break down under itself and a Euro without France, well, that might get „interesting“. But well better we end this
socialists Euro sooner than later…. Let the French live and do as they like, let’s just hope nobody else has to pay….

It never rains but it pours.

Well we see the catastrophes coming.

Spain, Greece, Ireland etc. have suffered (and are suffering) severly under a credit expansin. We know that this will lead to a catastrophe sooner or later.
Von Mises has told us, Hayek hase told us and many others also. Currently it looks as if the Deledefs world-wide would like to be the template for credit induced defaults.

Anywa that is not all that has hit Greece, Span or Ireland. The other big big big problem are the subsedies of the EU. This money was of course not given to the people but other governments for „developing“ their countries. And so they did. New streets of highes quality, bridges etc. All a bit larger because of he „expected“ growth. Anyway in a free market that never would have happened (at least not so long and that absurd) and now they are hit not only with overwhelming credit but with a infrastructure too big (but anyway one has to support it or it will break down). I guess for the next few years thise cuttings will come and with it another wave of defaults (this time in the building industry)

The problem shows that one fault often leads to another while trying to fix it. And this time they are completly wrong. The problem was credit expansion but now they want even more form that and ECB should finance the states. That surely will not do. It’s the biggest faule they can do. And so the header will struck with force but it’s the Deledefs own fault. They never understand and work for markets always and ever for ever expanding government. Surely the way to hell.

What does disturb me most.

Well there are two things

  • Actions of governments
  • Action of central banks

Well in this case I will link to a blog in German:http://www.rottmeyer.de/von-sparweltmeistern-und-anderen-erfolgsgeschichten/

The Irish government has started to support renters. And guess what the prices of renting do not have fallen as much as the prices for houses. That just means the state subsidies do prohibit falling prices on the renting market. Or the other way round the not supported renters have to buy higher prices than they must.
Now if you are loosing your jobs, you may think about cheaper renting. But if you are not supported you loose.

And someones else has to pay the subsidies, that sucks so badly.

Dear French

Well chosen. I guess you are as fed with the Euro and EU as I’m. You decided it’s time to
dive down into socialism and a „great“ Nation of France.

So vote for socialist an communist is a very proved way to dive down in poverty. And after this poverty come the markets.
So you want a breakdown with a new beginning. That’s one way of doing it.

I’d qualify this way as the dumb way. But well a nation with such a fine history of absolutism, probably has exactly the politicians who want to get there. And you prefer that over something else. So be it.

An intelligent answer would of course be the complete different. You would have send all the Deledefs to hell, shrink your bureaucracy and the power of you elites. Would stop stealing on such a large scale and give
market and the buyers there choice. But I guess one need to have a certain kind of intelligence to see that. So you voted for the crude way. I don’t wish those who have voted for that way luck, I spare that for

Those few liberals in your country which surely will have to suffer the most. Because they are the people who do not drown in debts. To those I say. I’m sorry for you and wish you all the luck. And I’m arrogant enough to suggest them
starting to get their money out of their country and put it into real values elswhere. If France will be cheap to come back. And maybe this time you get some head start (I’m afraid that will just be it a „head“ start because after a while the dumb other
voters will vote again to steal more from you) But liberals never have a „real“ home. Freedom just wanders along and with it the supporter of freedom. I guess that is what one names fate…..

1:0

für die linken Sozialisten in Frankreich.

Ich schlage vor Frankreich macht jetzt die letzten Züge und etabliert Ihren Sozialismus. Dann sind  wir hoffentlich mit dem Euro schneller durch.

Also liebe Franzosen, wählt Hollande und alles Gute auf Ihrem Weg in den Sozialismus. Sie werden aller unbedingt „profitieren“. Wer nicht gehört wohl nicht zur Funktionärskaste… Tja da kann ich nur sagen, „Pech“ gehabt.

Kleiner Wunsch an die Wähler im Saarland und NRW

Liebe Wähler, tun Sie uns allen einen Gefallen  und

wählen nicht die FDP.

Nun „fordert“ eine „angeblich liberale“ Partei „gerechtere Steuern“ also mehr Diebstahl. Das kann es ja nicht sein. Wenn Sie  der  Meinung sind mehr Steuern = mehr Gerechtigkeit dann schlage ich vor machen  Sie Ihr Kreuz bei Grün oder Rot.

Ansonsten könnten Sie hiervon Gebrauch machen: Ich wähle FDP nur

Man könnte natürlich auch antworten „Ich würde nie Herrn Lindner wählen, es sein denn mein Verstand setzt völlig aus“…..

Bitte liebe  Wähler, machen Sie die Partei zur (F)ast (D)rei (P)rozent Partei oder darunter.

Where have all the bloggers gone?

What’s going on. Where are the Mises Blogger? Since days there is not update from anyone but me?

Do you have find the hidden value from Atla Shrugged? If yes, please tell me. I’d like to emigrate also

There is s much new bad news our there, that it’s depressing. E.g our Bundespräsident thinks the ESM is a fine thing for more solidarity to Europe.
This sucks. The politicians „discuss“ if it’s ok to pay day care of children at home.

There is voting time in Greece and France and it sees the left will win. Can you imagine those having started all this misery should have the means to get us out of this crapp

The ECB is considering a new round of money printing and it seems the Fed prepares something also.

So where are you?

Gauck macht das

was ich erwartete:

der ESM um damit mehr Europa zu „wagen“

Bürgerpräsident? Wohl kaum

Dazu habe  ich mich hier schon ausgelassen:
http://fdominicus.blogspot.de/2012/02/gauck-ist-es-geworden.html

Aber auch bei:
http://www.ortneronline.at/?p=16498&cpage=1#comments

Ein Delebet….

Dafür ein Danke

http://www.novo-argumente.com/magazin.php/novo_notizen/artikel/0001109

Sollen die VegiFanatiker doch mal versuchen auf den Almen in Deutschland etwas essbares für den Menschen anzubauen. Oder an den Hängen des Schwarzwaldes.

What a choice

Oh great you US-Americans have the choice Romney or Obama.

I just wonder where the choice is. Big money, big government, big new debts,big new military expenses, big new lies and last but not least
civil rights abolishments in the name of „fighting terrorism“. I has sympathies to you not too far back, but I think this has vanished like snow in sun.

I guess you simply lost how freedom is written and how it tastes. So be it, get you way and do not cry if you get poorer by the day.

Bernanke reload and fire again. You US-Americans are to stupid to see that money as debt is the disease not the cure.

For those not wanting to vote for either of this „politicians“, good luck. To all the others go to the socialists heaven (but you will not be a functionary, just a small negligtible particle) . Bear all the poverty you
wish upon others.

Are you really serious?

Dear US-Citizens are you really serious to vote for Obama again?

Have you ever considered whether he has lived up to his announcements?

Well it seems it does not matter. So vote vor Obama again and bear the consequences.

I wish you all the luck you’ll need.

If lies do not cut it any more

Maybe we see the end nearing. The debts worldwide were soaring the last 3 years and still there is not relief.

It can not come as a surprise to the austrians, liberals or libertarians. What we have seen was and just is „credit expansion“. The central banks manipulate everything and
so we do not have any idea any more about „prices“ for money. Just remember what I wrote some time ago:https://mises.org/Community/blogs/fdominicus/archive/2011/09/08/who-could-be-suprised.aspx

Feel free so just search a little through older entries and I also suggest having a look at: https://mises.org/Community/blogs/tincho/

I also wrote about what one „should“ try. There is one problem which will bite you whenever you are just having money in one country. This money is prone to expropriation. Especially worse is it for countries nearing the default or being in default. Greece should be a warning for every one. There are now at least 3 levels of creditors. IWF and ECB as „primary“ creditors, ECS has not suffered any losses (all the papers bought were change to papers with the same nominal value), then come banks (they were partly bailed out, either through ECB, FED or other central banks and they could probably keep there looses below 50 or so per cent. Then comes the private creditor. They had to suffer losses beyond 80 %. That‘ s what will happen world-wide. If you think this well be a Greek specialty, think again and doubt it. If you believe the Fed, ECB or whatever political power will not do the same, you can start burning your money immediately.

There will be always problems if you are just „invested“ in one country. The laws change and nobody will grant you anything. You own government does not shy away from robbery. So if you have all your property in your country they will get you. So be suspicious and send your money overseas into different areas. It’s unlikely that you will loose everything at once following that route. But be cautious, one larger country getting into default will have implications on other areas also…..

Deja vu

Liebe Schweizer

Es ist diesmal nur ein wenig schlimmer. Verbrecher im Dienst des Staates stehen über dem Gesetz. Aber Sie können beruhigt sein, wir haben genau die Politiker die wir verdienen und die uns wie immer in den Untergang führen.

Wer lacht dann wohl?

Getting back to my predictions a year or so ago:

JFYI https://mises.org/Community/blogs/fdominicus/archive/2011/02/03/my-predictions.aspx

There you have it:

  1. money still is printed and it seems some prices are starting to show it. (so I guess this can be seen as: On it’s way)
  2. money hardly can get cheaper (wrong. As it turns out at least the ECB has lowered the price for money again one trillione for 1% for up to 3 years. So with this we do have negative yields.
  3. well the Dax has risen a lot in the last year and even since the starting of the year. So indeed it seems I got that right
  4. it’s to early to decide but at least it holds for all the over-debted countries. where everything goes down investements will also. And that is all too true e.g for Greek, Italy, Spain
  5. This was on the point. You can see that all the plans for „saving“ just means more taxing.
  6. Well the first level surely was reached. You can check any statistics about Greece and Italy and will find capital exports. (So well I guess we’re on a „good“ will say bad day here.
  7. ) Absolutly on the point. The suppression of simple democratic rights, can be seen with the „non-election“ of Mr Monti as prime minister in Italy, the ESM, the change of bought Greek bonds form the ECB which were the only one who get a full nominal value of the bought bonds. Whereas the Privates were disappropriated. See all the laws for more surveillance etc. So yes this has come even worse than I could imagine.

Now it’s obvious

As written yesterday I was going to a demonstration against the ESM.

In short the outcome feels devastating. We were just around 200-300 participants. So now we probably got on idea on how the last democrats at the end of the Weimarer Republik may have felt.
95% of the Germans seem not even know what ESM means. Those who have to decide upon it seems to be eager to sign the next Ermächtigungsgesetz. Indeed roughly 800 000 Germans have protested by some mail etc. That’s well 1% of the population. And now one can see the „merits“ of democracy

The majority does what it wants and the minority has to obey. That’s great. And so we may have more than 50% of the inhabitants taking one of the other subsidy of the state. And the other nearly 50 % have to do what? Pay. (and pray it won’t get more)

It really feels the world has gone mad. Normal behavior is now some kind of absurdity. And stealing from states a „blessing“. Well so be it. Anyway even if it would have been me alone, I would not care. It’s not of anyone that I’m doing this „stupidities“ it’s because it’s for me. One day this system of slavery comes to an end and maybe my children remember one thing. Father has not take part into it, but tried to fight it wherever he could. This times have one strange new thing. Things I write here may stay here for a while. Even beyond my death. And so there are others we do not forget. Think of the books of von Mises, von Hayek, Rohtbard. They are still there to guide us, and warn us and see the Motto of the old Mises blog: Proceeding Ever More Boldly Against Evil. It’s not those wanting to leave in peace and sound money who are the evils, and if there is not much we can do we still can write, think, speak. I will proceed with it, do the same and we’ll be maybe not fine but at least better 😉

Next stop for me is to file a suite against the ESM at our Bundesverfassungsgericht, I do not believe a second that the majority will decide against ESM and that our Bundespräsident will not sign this Emächtigungsgesetz. He speaks of freedom, we’ll see what he means. Signing ESM would just be another broken promise and I assure you that would not be of any suprise to me. I even dare to say the Bundesverfassungsgericht will not stop this Ermächtigungsgesetzt. But if there is one left who may do, it’s this highest court of Germany.

I dare to say you US citizens are not better of either… We’ll see what your supreme court will tell us about the ObamaCare…..

Anyway this systems come to an end. Maybe not today, maybe not tomorrow maybe not in even 10 or fifty years, but they will go done. And that’s a good thing.

Ich glaube nicht alles was ich sehe

Kleine Randnotiz auf meinem Mises Blog sollen gestern angeblich mehr als 1000 Zugriffe gelaufen sein. Und war bei dem Thema
End of the Boom Ich sehe es wohl allein mir fehlt der Glaube.

Das  wäre ungefähr so  viel wie hier  in einem Monat vorbeischauten und etwas 5 mal so viel wie sonst.

Ich glaube da ist irgendwo ein Zähler  am duchdrehen gewesen 😉

Ansonsten freute ich mich natürlich über Ihren Besuch.

Is ObamaCare against the constitution?

Well if you follow this blog you know that I’m absolutely against forced blessings from states.

It seems that it’s really against your constitution also. I’m very excitedly what your Supreme Court will decide.
I just can hope for you that they judge it as illegal.

You should IMHO start fighting for your freedom. And the only way to get there is to start limiting the power of your governments and military complex.
I hope this law suit, will give you starting point. If not, well then you know you have to act now. There will be no amiable later later…..

I repeat myself but I warned your about Obama. And everything gets even worse than expected. I suggest to end the president ship of him now.
But as it seems you still prefer another lier and another conservative which probably does not even no what freedom means.

I’m sorry but you behave at least as stupid as we Germans. Instead of freedom you choose slavery I’ve no idea why.

Für’s Auto verschulden

Ich weiß nicht wie es Ihnen geht, aber ich finde die Preise für Autos nur noch unverschämt. Aber nein liebe Leser das ist gut so:
http://de.cars.yahoo.com/28032012/348/autos-teurer-teurer.html

Wie absurd ist das denn? Doppelt so hohe Steigung der Preise….

Also liebe Leute geht zu nächsten Bank, holt Euch Euren supergünstigen Kredit und tut was für die armen Autohersteller.

Ich denke ich weiß jetzt auch warum in der Werbung immer   nur noch von Ihr Golf für nur 119 €/Monat  die Rede ist….

I guess a lot of jobs are unsuitable to me

I just am astonished, there are more and more jobs on my „don’t“ do it ever list.

I’m obviously completely lost as politician, because I do not want to rule (and to be honest I do not want to get ruled either)
I’m absolutely not suitable for any job where my payments would come from states. All the time I’m just thinking on how to get rid of those „people“. If I just see anything which does harm the Eurocracy and our government I’m quite happy….

I could not even imagine working e.g for the EU. It would be as if I’d betrayed myself beyond all hope. Anyway I sometimes feel I have to
try getting active in politics just for a freer life of my children. But I’m also new that my ability to lie is very limited. It always have served me well to be
frank and straight. There are those who can’t bear that, but I’ve to say I do not care.

I wonder how one can move something in politics without joining this circles? Do you have suggestions?