Schlagwort-Archive: deledefs

Nach zwei Jahren

So bestätigt zu werden ist erhebend und zugleich so niederschmetternd

https://www.rubikon.news/artikel/amnestie-amnesie-apathie

Immer habe ich die Maßnahmen kritisiert, immer habe ich gegen Zwangsimpfungen geschrieben, immer wurde ich wieder einmal als Spinner oder Schlimmeres dargestellt. Fakt ist, die Verantwortlichenn sitzen noch in den Landtagen und dem Bundestag und die Vollstrecker in ihren Stuben. Ich weiß heute schon, daß die ungeschoren davon kommen. Und man wird wieder hören: “Wir haben doch ‘nur’ Gesetze befolgt”

Auch hier, https://dieunbestechlichen.com/2022/12/jetzt-auch-die-daten-der-bundeswehr-geimpfte-soldaten-wesentlich-oefter-infiziert-als-ungeimpfte/?utm_source=rss&utm_medium=rss&utm_campaign=jetzt-auch-die-daten-der-bundeswehr-geimpfte-soldaten-wesentlich-oefter-infiziert-als-ungeimpfte, keine Ahnung was dran ist. Ob es je wirklich ans Tageslicht kommt, muß man abwarten, meine Hoffnungen dafür sind nicht allzu hoch.

How great the deception

Who should go to war?http://www.zerohedge.com/news/2014-11-15/paralyzed-iraq-war-veterans-writes-last-words-bush-cheney

Just a few remarks… I sympathise to him. I once was young also and did believe I’d do the right thing doing my forced year in the Bundeswehr. Hell after-  a few months I recognized how stupid I was. I would have the chance to refuse going to the Bundeswehr and I for my part would never ever do it again, but in one case if we really got attacked.

As-  the Soldier wrote, he probably had the same idea. But in the end it’s was his decision to join the forces and to got whereever he was send. This can’t be discussed, it was his fault.

Anyway you can see who big/great the deception really is that people do believe in it. One would expect that those sending soldiers out would be kind of responsible.- – – –  But this you simply can forget. I wrote about the role of Police and Military, it’s hardly ever for the citizens it ALWAYS for the “grand” better of the politicians. This never ever was different. The US-Soldiera in Germany in WW II did not defend USA. They were there because politicians decided that they must go. And enough of them believed those leaders. In the end they are just slaughter men. The veteran of WWI puts as much truth in his words as ever one man did, see the graphic here.

The first every population should do in case of war, if going to their government, and hand them out the guns and let them go first.-  All the “elites” know surely why they do not want to enter the line of fire. How does the died soldier told them:

“Your cowardice and selfishness were established decades ago. You were not willing to risk yourselves for our nation but you sent hundreds of thousands of young men and women to be sacrificed in a senseless war with no more thought than it takes to put out the garbage. ”

I will not mourn a second if they will die, even if premature trough whatever circumstance. I just wish them, selfish as I am that it’ll hurt terrible. Thy should dread death for a few month/years and justice would require that short before the war ended they will get killed.

Anyway the died soldier has know it better:

“You may evade justice but in our eyes you are each guilty of egregious war crimes, of plunder and, finally, of murder, including the murder of thousands of young Americans—my fellow veterans—whose future you stole.

It’s as given as amen in church that they will get unharmed. They will be cheered as “great” man, from there after-followers.- –  If they would be socialist pure they would be even cheered for mass murdering. Just see the unbelievable ideas of having murdered on your T-Shirt (like Che Guevara) How they are feasting Stalin, Lenin and how the Germans still vote for the Linke. The old party which has oppressed millions of peoples and have stolen them everything. If there’s a hell I really wish it upon them.

Very justified question

http://www.zerohedge.com/contributed/2014-02-04/anyone-really-surprised-system-brink-again

Well I wrote here over an over again it’s not the question if, but only when. Unsustainable system must crash, sooner or later. Nothing can prevent that. I’m still not sure if the break-down is just around the corner or what else may happen. But one can be sure: They are still printing money and this always ends bad.

Full hit

at least in my eyes:

Good Cops?

I do think that police is fighting against one’s own population while (just) enforcing laws, just the politicans want. Why is it so hard to understand that theft is a crime and there is not difference between theft and taxe or other forced payments. How comes that a government can limit everyone’s life to their liking? Where’s the right in using violence against those who do not want the state?

For me government is part of the problem, not part of the solution. But still people do really think government over all and everyone would be a good thing. I don’t know how that comes…. Government means violence, even if the do enforce it against men who do nothing wrong but not following the “law”. It’s not to understand why you can get all kind of drugs but that having “harsher” drugs could be a crime. Whose rights are violated if you consume them. And it’s not the business of the state to delcare what kind of living is within some artificial “right”, and there is absolutly not way to pacify taxes and right. There is not right also to have payements for uemployment, retirement etc. On the other hand people do not have a right to get paid while not working or being retired. They have to save their money for their after-work-life.

And to save means, that no one has the right to inflate the money people used for keeping their savings, and so central banks never can be right but they onlly can be established by “laws” backed by pure violence from the government. And so we come back to policemen, they are not for “rights” but “laws” and so everyone could happily kill within his duty to the state. Strange enougn the processes of Nürnberg to have judged oterhwise. So tell me how many measure of rights to exist? How can it be that killing from a Nazi soldier was treated as crime but a killing from a cop in the USA is obeying the law and a service to the public?

Let me have a look

One http://fdominicus.freecapitalists.org/2011/07/18/expected/
Two http://fdominicus.freecapitalists.org/2011/08/01/suprise/
Three http://fdominicus.freecapitalists.org/2011/09/08/suprised/

And cha cha cha.

This is not even entertaining, it’s just the pure blank pain and hate I can fell for the US-congress. They are not even Jokes of Politicians but caricatures. It’s a collection of such loosers that it simple does hurt.

So who wants to believe the deibt ceiling will not be risen? Anyone?

Just a small question

to my readers from the USA.

When do you want to get your civil rights back?
You spy on the worl and probably your own population. So how comes, that the population does not demand back their freedom?

What is it that the government can take away everything he should grant to their people from Mr Snowden?

What does the word freedom mean? Does it mean, the state is right and everyone else is wrong?

It did not had needed this proof

The USA is a fascists country, it has come over them while “fighting” terrorism. And it has shown that free just means free within the means of the bound put around you y your “you loving government. It just takes a little step further to top the worst president of the US ever. Obama is on a “good way”. The thing which is lacking is another civil war. This time again it’s big government against freedom. I hope this time freedom will win. And it should hit the current “government workers” the hardest.

Nothing in the behavior does suggest that the USA is the land of the free. It suffers under government and because it never has broken down on the past 140 years, it suffer s even worse on the ever growing government. The take and give of a few very rich and influential guys which get their hands on the new printed money first. That’s the worst of all worlds. The give the impression you may have a choice but in fact you don’t have any. It’s just the choice about how dirty your death will be. Will you be killed by starving or the wrong-doings of your government, which was supposed to keep you “safe”.

Lies, fear, destruction, torture and all the other bad things are officially sanctioned in the US. I pitty those not working for government and which have to suffer the most under it…..

Freedom is just a few nos away

Well you have to use the ‘no’ at proper places. You want a new credit for whatever you like to consume.
Just say no. I do not need that. The bank promises you a 100 % increase in whatever you own? Just say no. The chance that you loose is there and the bank just wins everyt time. You buy a product “specially tailored” for you. You pay. You get a credit for a hous, you pay.

So learn to say no to debts and get rid of all your debts. Start saving (but be aware money on the bank is not your money any more), and stop consuming more than you have. And you will find freedom. It’s this “boring piece of freedom” which just let you sleep well.

So say no to debts and get more free with every debt burden less you have to bear. And you’ll see the light…

How comes I’m not surprised?

Two entries on the zerohedge log:
http://www.zerohedge.com/news/2013-01-12/guest-post-social-security-system-already-broke

and one that leads me to:
http://www.zerohedge.com/contributed/2013-01-13/ceo-german-multinational-costs-monetary-are-union-too-high

That’s the difference between states and firms. States to make firms suffer and firms have to see how to get out of it with their own money. States never get out of it with “their” own money. They just steal more (that’s called tax)

The booms are introduced by to cheap money. And money without worth. That’s the point. If the US would have to gurantee their currency with something of value. They would not be able to pile up that many debts. So it’s easy, they export Dollars and get something of some real value in return. The Dollar owner just can “hope” that he may be able to buy something with an paper later.

The USA overall lives on the expenses of the world and still they have sky rocketing records of the food ration cards. In the end it means the debts are somewhere cycling around without being used for highering the the real goods output. And that fits perfectly. The debts we have in the states are circled around. Greece can not pay so they got “new money” read “new debts” from the EU. And the banks which take in the money are buying new “bonds” of states. Handing it out as “security” to the central banks and there is it the debt. The so called “assets” (bonds) read debt claim is the highes in all central banks ever in non-war times. So that means the central banks are the biggest holders of “promises” of states to pay back their debt.

Well that’s a neat system isn’t it. The states to guranteee the mony monopoly to the central banks and the central banks take the parity value of the bonds from states as “given”. So how long would you expect such a system to be trust-worthy?

It’s just show time

well or you can name is political theatre time.

If it wouldn’t be so serious one could sit back and enjoy the show. Anyway the US democrats and republicans will simply raise the debt barrier again and so the so called fiscal cliff will just vanish like snow in the sun.

Nothing will change, the fact that the USA is bankrupt. Not just in the tight sense of having nothing more but debts. But even in moral standards. The wars are unjust, the surveillance against the civil rights. The FED is an illegal construction and the green-buck with being backed up by something like gold or solver a sham.

So the system will break down. We do not know when and how. But it’s now unavoidable. The US with just 5% of the world population just stands for 42 % of all the NEW DEBTS. And every year now there is a deficit beyond 1.2 trillions (Yes I got that figures right).

So what we see is the last and biggest credit expansion ever. There’s nothing but too much money, and it helps the defrauders to expropriate those which still do have something of some value. The payments for the bank workers have nothing to do with fair payments. It just shows the owner have not way on stopping this Bankster. The bankster also have the advantage of the politicians on their side. (Who else should take the new debts) and the worst problem is absolute central the central bank FED. She will got down the drain and take the state with her.

Maybe the citizens will keep away the power of the parties. But chances of that are slim…. Maybe the go back to the core of the constituion, because one thing is for sure, the Deldefs and bureaucrats have broken it…

Another 100 billions burned yesterday

Oh, yes it’s getting more absurd by the day.

Germany’s parliament has decided to save Spanish banks with 100 Billions. Well one myth is that Spain guarantees for this 100 Billions. This is very very very absurd. A state short before a default guarantees 100 Billions. Yes indeed, a thing I surely “believe”.

The system press in Germany cheers this as a wise decision. (One may ask for whom, but that’s problem to selfish a question) The real absurd thing about it. The prime minister of Spain has told us in 2005 that Spain will get more wealthy than Germany. Well no, that probably has not worked. But who cares?

Schizophrenia

is it just me or does anyone else see it that way also?

As we know the states to participate on every income in their region they rule as monopolist or dictator. Well so far so bad. Anyway
a state can not produce anything, they just can consume. So far so bad.
In most states there is not a flat tax (which is unfair enough) but progressive tariffs. Well that just means the more someone earns the progressive move has
he/she give to the state.

Now and still are suggestions to take away everything over a certain amount. In Germany someone from the left has drawn the line at 40000 € /months. Yes that’s much but anyway
the tax for such income is well beyond 50 % even these days. if you take away everything over the 480 000 € /year. Who will ever earn more directly. So isn’t it schizophrenic to just
even think about 100 % over some level? It will produce much less taxes and if you want to have as much as you possibly can get, how can make a suggestion on
a move that cuts down the tax income?

If it’s not just plain stupidity ( a think all politicians are prone to) than it’s schizophrenic.

The spiral of interventions

Well now we see another template example of interventions.

Argentina, has obviously left the area of markets due to the “politics” of Mrs Kirchner and her spouse. In a side-note
of the newspaper of my wife I found: Inflation 25% and official course between Peso and $. And what has happened before.

It started with good running exports and higher as usual prices for the exported goods. So far so normal, then comes the Kirchners and what did they do?
They spend this money on welfare (and if there is but one way to get money burned faster, really burn it). This has bought here enough votes (yes the merits of democracy) to
get re-elected. and it has come as it always comes.

The prices for the export goods are falling and she does not have enough money for their “welfare” operations. Well one might think well one must cut them back. That’s normal thinking, but not the
Deledefs way, and so they make more debts (one just can say as usual) and started to make restrictions on free trade. Well if you mess with the markets the only answer there is appears, the prices start
raising. And indeed even the stupid newspaper of my wife at least has to “admit” that inflation is beyond 25%. 25% means in a little over 3 years your property halfs in money value. You can bet the only things raising as fast as inflation are always the all-day-needed goods. And so the poor start paying the bill immediately.

Now the people act logically and try to get rid of the Peso and that means they buy other currencies, and this get the next reaction. Controls on the money export/exchange and indeed this is what Frau Kirchner and the Poligangsters did, they “forbid” exchanging into $ and now $ are scarce and a scarce thing does what? Exactly it raised in Price, now the official exchange rate and the “paid” exchange rate differ around 40%.
Very “appealing”, the members of the parliament (probably of Mrs Kirchners party), do what? They buy more Dollars and they can, so much to “equality” before the law

So the end is coming, and the interventions gets more and more by the hour. People which have gained at least some wealth are not expropriated by the inflation initiated by interventions of the state. The sucker spiral turns faster. I guess within the next 5 years Argentina will fall back below 3rd world level. So dear Argentines, say “thank you” to your deledefs. And bite yourself because of your stupidity.

Your data

belong to you. Feel free to give them away to whomever you like but don’t be surprised if it backfires.

With every new day and new news about Facebook I’m happy I’m not “in”. If you just google for my name you can get a lot of information. And
I know this will stay forever. Yes I’m unimportant and nobody but maybe one or two cares. That’s fine with me. But I write what I think and “reveal” what
I want and what I decide.

With Facebook I know all my data are in access to Facebook, who am I to know to whom they give access even if I would not agree?
I simply do not know. Facebook needs desperately new sources of income. There stocks still are hell of expensive, and they must earn much more to get
just near somewhat rational regions. So If they’d earn 10 billions one might things that 90 billions are “fair” priced, But
So what else but your data should drive it’s profits.

If you feel Facebook offers something to you then fine use it, but I for my part have decided that I want mine to stay mine. I do not want even more advertisements in my
mail box, nor do I like to get stuffed with it every day, every click. In Germany the biggest advisor for debt handling Schufa have announced to start collecting user information
on facebook for their credit rankings. How would you like that? I can just say, I’m not amused.

And within 5 years I’m sure you state agencies will put pressure on Facebook to get hands on our data. Of course all for the greater goog of the american state. And they will tell, those who do not have anything to hide can simply disclose that information. Well I guess they will do it even more “subtle”. I bet Facebook will find a way to provide them with your data. Backdoors, hacker attacks, viruses, trojan horse, I don’t doubt it a second that NSA should be able to crack accounts in the hundreds of thousands if they are inclined and told to do so. Your data? Not if you give them away that freely…..

von Mises run

well yes there are no good news. There are currently just bad and worse news.

Now it’s the spanish banks, another 100 billion. I wonder from where that money comes. And you know the answer. It comes from new debts and this debts
have to be beard by the tax payers. Oh yes they won’t honestly higher the tax immediately, but the invoice will come. And it’s always those who have and live within
their financial limits, which have to pay. I guess it will be as usually. The inflation will be driven up, the tax is driven up and those not paying taxes will not even recognize, that’s somebody get’s robbed.

The different loosers in the different countries are cheering another looser. Really they tell, what a good thing that Spain takes the EFSF money. Well you can see it’s not the idea of market which prevails. It’s from a to z socialism pure. And every socialist country get bankrupt within around a live span of a man.

And again the best safety net for the savers would have been sound money, and there you have it. The last we get is sound money. We’ll see more money printing, more card houses of debts. I know it’s stupid, people with at least a slight idea on economic thinking know it’s stupid and yet those who know will get overturned by the majority. And as we can see e.g in France the majority just is stupid as wood. I really wonder how the French think Hollande will pay for all “his” promises. They really must think the state is a money spender. And they simply do not get it that it’s robbery which keeps the states afloat. One should not wish bad for others, but I feel it is needed that they suffer under exact the conditions they seem to prefer.

And it’s now starting to get really worse. The banks are bankrupt and the states a bankrupt, and the stupid people still believe the state can steer anything. They are steered and it will show, and the more they deny the facts (money has to be earned) the more devastating the outcome.

Tell me lies, sweet little lies

The deledefs currently seem to rotate. Well this time I will not speak of the stupidity of americans to vote between two dead-bets, but the European masters of stupidity.

Europe should guarantee the saving deposits of their people. I can reduce it to one question: With what? They do not have anything of substance and
the only think they can is tax the people. So the deposits are guaranteed with “the money of the people”. How unreal is that.

I calculate for Germany and there 20 % of the deposit holders own roughly around 3.2 trillions. And our official debt is a little over 2 trillions. How much more unreal can things get?
If every German would hold a saving deposit the guarantee would have to cover 8 trillions The complete deposits of all Germans are a littel over 4 billions. How much worth can this “guarantee” have?

If 10 % of the top deposit holders would request their money from the banks, the game would be over. So you can see see rich are very social. They let themselves get robbed and still
hold together all the crap….. I wish they would end this farce…

“Must” readings

I’m reading quite a lot and well I am arrogant enough to write that I found great writers and economists which have expressed much better what I
thought to be true as myself.

Once upon a time I was learning farming. I worked on a paster station and I worked on a farm specialized on pig breeding and pig fattening. My father was a farmer as were both of my grandpas. So yes it seems I would be farmer too. And I started with it. I loved my work. At least most of it. There were jobs which were just gruesome. We had a disease under our pigs which one could not heal. So you have to kill fresh born shoats. I can assure you nothing is more terrible than to slaughter small ones. But that’s another story.

Why I did not get farmer in the end. Well to my “misfortune” I had (and I guess still have) an idea what makes economic sense and what no. So the later farm was somewhere at the edge going bankrupt. But the problem I saw was that

  • everything was regulated
  • and even worse subsided

And last but not least to earn something around 50000 DM would require a farm well valued above 1 000 000 DM. That are roughly 5% with all the risk and all the work. Well this cut it for me. I would have other sources of income but I did want to “earn” my living myself with a “fair” return on investment.

Anyway the point I want to come back to are subsidies. To that time I had discussions with my father in which I told him subsidies are wrong. Under any circumstance. So most of my income would be not paid for by people wanting to have my stuff but subsidies this was a thing I could not want. And this was a point my father and I were of a completely different opinion. To that time I did not even know about the austrian school of economcs. How should I? I was grown in a higher school and my teachers were paid for by the state. You can not expect from paid public servants that they serve the customers (in this case the scholars) or anything critical about state control. All they had to teach us was and still is state controlled. Oh yes they will tell you it’s for the better to use all, but that’s just another lie.

So I did not follow into the farmers shoes (a thing I partly regret, because in this crazy times it is good to have something to get you fed). I still started my other “career” I’m now software developer (and to be honest I love it).

But back to my “readings”. As you can see I start blogging around the time the first bail-outs were “done”. (See http://fdominicus.blogspot.com) even to that time I did not know from the austrian school. How should I? I was grown also on a state controlled university and you can bet what the national economics are. They a breed on a state controlled school, and are raised than in state controlled universities paid for by the states. So no you can not really expect an austrian economic in universities. But as you can read through my other blog and my blog here, I did not know them as I started blogging.

And still you can see I’m a clear fan of open markets. Nothing could be more fair is my strong opinion. And during the last 4 years I learned about the austrian school and there it was. My feelings expressed in great books. I guess it started with something from von Mises (I can’t remember really but it could have been human action). Well since then I read more and more about it and found my intuitive findings supported. And still I can understand that stuff (after all maybe the education at the university pays of for me, at least some parts of it are about critical thinking ) and there we have them: von Mises, Hayek, Rothbard. Now I have to get over 4 decades to learn anything about it, now tell me about mind washing….

So know I can clearly tell everyone which books to pick up to “get” something real. It’s indicative that von Mises never has tought much on a university, hell the austrians are the devils in person of all the good-doers in every positions of the state. And still they are the only ones which saw it coming. NO OTHER SCHOOL WAS ABLE TO DO THAT. You can bet whom I do believe more. You have one guess free 😉

Anyway they have written down what I has somewhat mangled up in my mind. And I’m delighted that I found that what I call horse sense (as you know I’m not an educated national economist) has some theoretical background and was the only school of thinking which could see it coming. So yes I see this as a confirmation of my reasons to even start my blogs.

You can call me arrogant or whatever you like, but it pleases me that things I figured out by myself are supported by the greatest economics the world has seen till now. And yes I’m proud that I figured this out by myself and that I could even see my bad feelings about the education at our “universities” have a sound foundation. So yes was able to figure that out myself but the books just showed me that I could not be that wrong. And yes I’m feeling also happy that I can name charlatanism if I see it. And yes the biggest crime ever was and still is the establishment of fiat-money. So we know it’s evil and so we should stick to the von Mises motto: Tu ne cede malis, sed contra audentior ito (Latin: Do not give in to evil but proceed ever more boldly against it) and demand to get our money back and we have all the right to demand: “End the central banks”.

And one thing I (the I in very Big letter) will never forget: It started with the feeling of a 19 year old boy learning farming, which figured out some truth (maybe even some eternal one) himself while condemning subsidies. I know it does not mean anything to anyone else, it makes THE difference for the man in front of his screen and keyboard…

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)

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.

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…..

Saying and Doing.

A nice story from our political establishment here in Germany.

Mr Eichel (ex finance minister) has said he would invest in bonds of Greece as the “show” started. Now we learn (he was just joking or simply lying). He wanted to buy for the enormous amount of 1000 € (well now tell me about investing) but unfortunately one had has to buy for at least 5000 € . Well one can call it bad luck I guess

His excuse of not buying now any more is even more “fantastic”. He can not buy bonds with a yield of above 20 % that would be to speculate.

Fuel prices

Well here in Germany we are near the top of the prices for fuel. And the politicians blame the oil companies for the high prices. Fact is we do have
an oligopoly here. That’s in itself not too bad, but together with regulations it hurts.

Anyway did you know that well around 60% of the price is caused by taxes? So let’s see 1.67 somewhat is the price for fuel. So we have to pay 1.002 €/l on taxes.
Can you believe the comments of the politicians? So in fact without the taxes we’d do pay around 60 -¢/l. instead of 1.67 €. Or put the other way of the base prices raised by 1 -¢
we’d have to pay 2.5 -¢ more together. So with just 10 ct different we have to pay a quarter € extra.

And yes do not forget the evils of Co2. So people curse the state because of it, and the state does blame those earning less from each liter but themselves. They want lower prices?
So why do they put 60% taxes on fuel? No they enjoy it. And they do nothing for lower prices. On the contrary, they are even enjoying the benefits of 1 trillion of new Euros without any value.
So where do you think the prices will go?

Indeed because the ECB is printing money the prices will go up. And in the not all to distant future we have reached the goals of the greens. 5 DM (that are 2.55 €/l). What will stop the prices from soaring?
Well nothing but a crash, either the crash of the currencies of crash of the “social democratic” systems. And as we know from Mises, if you do not stop credit expansion. Credit expansion will stop currencies.
And we’ll here the new song of the guilty speculators

The “joy” of parties

Dear Readers I like to tell you a story about FUD.

As you could read in my last entry. Greece is still finished but the deledefs do not admit that. That are not real news. But now it’s get interesting. According to
some blogs in Germany 40 members were excluded from the left party and the right party because they did not agree to the “saving” plan.

There are somewhat below 300 member in it. So just imagine well beyond 10 % were excluded because they did not accept a stupid and guaranteed to fail plan.
Now aren’t party great?

In fact they suck to badly that one just can day fubar. Parties are the most repressive system one can encounter and having such prominent roles as they have is
again fubar. So we are ruled by a fubar system, with fubar money. That’s a few too many things one can not even dream of to repair. In the end the end is clear.
The “systems” will break down. That means violence and yes most of the time war.

Obama it’s getting worse

If you have read hear just a few articles you know that I think Obama should not be president.

Now he gave a talk about the “Future of the US” and there he mentiones something like egoistic money jugglers.

Well it’s not the egoists I’m afraid of. Imagine you get along somewhere (let’s think a market), and you want to have something let’s say a pot of honey. You want it (egoistic) and now what is the next you ask?
Well it will be “How much is it”. And you will get an answer. This answer will be the base on which you decide, well yest it’s worth it or not.

Now you are a non egoistic but politician. The same market. You see something and think well those or those may have a need for it. You take the stuff and inform the other side that’s for the greater good and that he has to
agree. If he won’t you will just pull your gun and say again. “Sir/Madam you want to give that to me for free, I know better what to do with it”. The latter attitude is that of Obama and hit gang (bureaucrats etc) It’s not me that is alone with this see the big dispute about a visit to your president here: http://www.huffingtonpost.com/2012/01/24/tim-thomas-boston-bruins-white-house-obama-politics_n_1228156.html

Who is the problem? AFAIKT it’s not the egoist. He knows he has to give to receive something in return.

Completely actual

t’s unbelievable what politicians come along these days. Till now every “plan” (should I dare to name it that way) was put into pieces. And they still do not get it. The problem is not too less money, too less political influence and the like. There’s just on thing really too less. Personal responsibility. As long as the plans just do everything to minimize that, they will sink Billions and trillions of money, till they can’t do any more.

The people having robbed out the majority, must stand to their responsibility and give back. Currently everything is done to keep them “at the top”. That’s bad, how can anyone expect normal people building trust if they see how those people for the “get rich fast” won’t pay to have their bill.
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So is the bottom reached. It’s not even in sight. For Germany I predict we’ll test the DAX lows from 2003 or so, for the Dow at least 1/3 to 1/2 losses is not that uncertain. Will we see bankrupt states. Well we’ve seen Iceland and we see what happens to Argentina…. Don’t say it can’t happen to larger states. If we in Germany throw out all the money we do not process….

At least we in Germany have experiences state bankruptcy two times in the 20ies century. One after World Word I and the second after Wold War II. Unfortunately our politicians do not take that possibility into account…. with the half billions parachute for banks, we may start outstretching our luck….

Guess when this was written
you can check here Down the drain