Schlagwort-Archive: depletion

von Mises run

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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.

Shadows of black

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well usually the world is neither white nor black. Now it’s quite different in current politics. Ok agree the Republican have won. So what? They have also voted for all the diverse Bailout plans, especially the first one which was used to sunk 780 Billion Dollars without any effect and without any control. I wrote about it two years ago
see. e.g
http://fdominicus.blogspot.com/2008/11/obama-silver-bullet.html

Or just look around that blog for a while.

The big problem is unsustainability an as it’s name implies there is not constant unsustainable growth possible. Fact is without proper saving, investing does not work. And the repulican have not a slightest better record on wasting money. I’ve kept this:
http://fdominicus.blogspot.com/2008/10/keep-this-on-record.html

and it’s obvious that they just were in panic mode. I expect that with all their resources at their hand, that they realize what has been the problem. Nearly none of them has. And so we do not have even grey we just have shadows of black.

What I wish Obama and his Gang

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especially Bernanke and not to forgot Geithner and last but not least expert Krugman. That they have to suffer under their own decisions. Guess Obama on Medicare or the like. Wouldn’t it be wonderful? Well that will not happen. If the retire they will with something above 10000-20000 Dollar each month. And if Obama follows the “presidential” path, he well charge you without beeing ashamed a bit 50000 US-Dollar for each speack. Where he will “describe” the world, and enough big money holders will be stupid enough to hire them. Another interesting finding would be to find the children of them in the public schools. Have you ever dared to ask where the childrens of this “highly respected” persons are going? Or can you imagine an president waiting a few hours till a doctor comes looking after them? Or even simpler, can you imagine anyone from the family having to shop themselves? I bet if the Obamos go shopping the whole warehouse is closed down, a few dozen bodyguards and policemen will stand in the front of that house and “inspect” everyone entering that warehouse. One even can imageine a descreet question to the secret services about the sales-persons. This is really “comfortable”, they live in a shell. Which has not much to do with reality of anyone else. Then one surely can talk about great visions and even better so because you know whom to give the invoice. Yes, we need of course this and that and because of “whatever” we have to higher this tax so much, have an extra fee for that.

Indeed you are really stupid to be a criminal better you be a politician. It will be more profitable and you get admiration and bootlickers and if you live out your sexual desires you just have to look like a sausage dog and tell how terrible sorry you are and the people are goony enough to say. Oh this poor little president, let’s vote for him again.

Do you feel I’m mad about our Deledefs?