Schlagwort-Archive: lies

Mission impossible

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The US has entered a way which can not work.

It’s not the deficit it’s the spending stupid. 60 years of overspending and undersaving, show clearly in every corner of any legistlation,.

The money never is enough because the needs of men are in principle without bounds. One of the worst examples on stuff which makes thinks expensive is the Obamacare.
There is no incentive to avoid doctors if all the things get paid. It’s the same in Germany, the prices for health are sky rocketing. And it’s getting worse by evey law which “regulates” health care costs.
Doctors can not charge what they want or possibly can, no every action is categorized and has a fix price. You speak to your doctor 21.34 €. He takes your hand 10€ etc. You can not just get along as doctor and offer you services wherever you want. No this is “decided” by bureacrats. Kind of one doctor / 1000 patients.

Another price driving thing is that prices can be set by the supplier, and the diverse things are “protected” by patents. That means you invent something which is a block buster, you can earn literalyl Billions of it, an that for a few millions of research. The prices for the stuff are fixed, They do not go up or down. It’s the same as a license to prin money, and we know all that way waits hell…

The US founders were very sceptical about government and big business, but Obama has cultivated the growing of government and big business (in form from banks) That’s surely is against the constitution, but he does not care. He wants the power for him and his buddies and so he “attacks” the Parliament . That way lies Facism, and too many of the US citizens have paid with their lives for fighting it now they just will get in in the US? What good can that possibly be?

Whatever will come out of it

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will be a catastrophe.

I don’t know how many times we now have to read about “saving” Greek and the szenarios get more devastating with evey try. Just for the flat lie: “We must save Greece otherwise hell will break loose”

There is not other word for that than black-mailing. I wrote about it yesterday and now it’s that all politicians do it. And that is so disgusting, that no word really is unfriendly enough to describe that.

The possibilities are obvious. Given another round of this time more cheaper credits to “buy” older more expensive credits back. Even that can not work. If one does not sell one’s bonds, one has will get back 100% of it, but in a default. One can say well if I can sell now for 50% of it’s value I’ do that. So be it but there will always be people not doing it. So what?

So in fact there is no way to get out of it without defaulting. But even then the papers still are “valid” claims. So Greece will not get any money from the capital markets and still is unable to get along without any other debt. They will need transfer payments and this just is illegal. There’s not legitimated government in Euro land and sorry, we see it everywhere transfer payments simple do not work. The only way for the Greek is, cutting down their expenses to their income. Anything which does not follow that is just stealing. We will not help them while taking more of their expenses on our invoice.

I’d put no pressure in any way on the Greek. I just would deny them any further credit. There is no “right” to get credit in any law. We can help if they want but for that they have to take the first steps, we just have to wait. If the actions will be sound, people will invest in Greece if not, so be it. It’s their land, ain’t it?

Here’s what I think will come from it. They will tell us Greece will get the hardest imaginable conditions, and that it’s our duty to help. Otherwise Greece and short after EU will get to hell. We’ll offer another few hundred billions for them and will hear there’s no choice. We’ll hear that the private sector will have to bear some of the costs also and they will look into the camera with puppy-eyes like a dog. And say we fight for the EU citizens against the speculates. We have to ..

The have to because they are absolutly clueless or even worth they do not want to miss one strip of their power an dictatorship. Bastards is much to friendly phrase for them, they are looters, and sorry I can not help it assholes.

Black mailing

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Greece finance minister warns, if the EU let Greece down.

Guess what Greece alone has 330 billion of debt. and if they fail the end will come. Well hell one might think “Finally”
All EU countries have debts beyond imagination and beyond anything in history (even after wars) and they are “suprised” that this won’t work.

That it could work is as likley as extinguish a fire with a flame-thrower. I’m really getting mad about this Bastards. They have accepted all kind of debts for
the most stupid things one can imagine. They tooks tons of money for other things from th e EU. (I bet no street was build on Greece costs alone the last 10 years)
They made working for the government profitable as nothing else, all in the clea knowledge they do not have the money to pay that all.

So in fact they’ve lived beyond any limit on the costs of all creditors, just to rip of everyone in that country. I’m so angry, that I’m not even able any more to
write anything decent. I wish all the Politicians and Bureaucrats over there a hell of time. Take that you looters.

The US could do us all a favour

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but well I guess who who think they will “shutdown” will be disapoointed. They will raise the limit and may it be a few just a few days in August.

They will swear the wildest oats that “this time everything is different” and they will “save money”. Guess what the charade will go on and in a few months years we’ll be exactly where we are
now. We’ll hear things like “But we do have saved, despite the fact that the expenses stil are higher than before” Their saving will also mean generating more income in one or the other way (just think about taxes).

So the favour they could do is stopping this lies. There is not “real” discussion. There is no “real” will to cut down expenses. Even if there were the ever increasing social transfer payments will just show. “It’s you rmoney we’re burning stupid.

Anyway as American I would really felt attacked on my honor. Do they really believe anyone believes what they say? Does they really know not most of them would despise them if they possibly could. Hundreds of thousands of laws all in the name of justice just can hide the fact that there’s but one thing in common in them. “Stealing freedom” and criminalize the own population. See the Minnessota shutdown, one need a licence so “sell” alcohol and because government does not work they are on their way getting illegal.

Liars, give us a break and do not prevent that you do anything good to use. This favour is not asked too much.

Intelligent ?

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Someone has pointed me to:

My question is. Why should I trust elites to keep care of Europe?

The politicians have made us all the hell on earth with literally hundreds of thousands laws, nobody can no. The laws are not made to “save” us from the greed of the political system, they are there
to save the political system from their population.

There is e.g the laws against guarantees to debt of other EU countries. Broken.

So the elites do break everything more or less as they like and one should give them more power to do so?

The whole article is a liberal nightmare. So no. Cut down the power and let the people decide for their lives. That’s fair, everything else is serfdom.

Do you like Thriller?

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With an open end? Or are a fan of horror movies? Now I’ve found something for you:
http://wallstreetpit.com/13428-total-us-savings-rate-lowest-in-recorded-history

Do you feel the cold of death? Or do you fell hells heat? Well whatever it is pray that this chart changes soon.

Or if you are against government as I am pray that the State goes bankrupt. It will be on of the ugliest things you ever will imagine, But then “markt” will be the only
thing left to survive. I just can tell you see the problems we Germans had. And we got a really good revival. But now we are following the US to our own bankrupt.

Yes savings are now starting and yes that is good, but still there is too much debt in the developed countries. What will happen if the money will be used for buying things?
You can see the assets are rising but are they raising because of good business? That’s the question.

I found two very different videos on youtube about it:

and http://www.youtube.com/watch?v=fRV_b2AFnKw&feature=related

We must also keep in mind the Fed has pumped literally tons of money into the economy. They name it the quantitative easing. But the Fed has accepted securirties which do not deserve that name.
And the banks surely have not lend overly much of the money but the bought bonds and I bet assets. So a question not answered to met yet is. How much of the raising stock prices is due to money looking for profitable investment and how much is really driven by more profits from the corporations. AFAIKT is the unemployment rate still raising. http://www.youtube.com/watch?v=0nsehkDwxBA&feature=related

A profitable recovery looks a bit different to me.

So I’m afraid the recovery still seems to be debt driven and not profit driven. So in my judgment peter Schiffer may lie but there still is no recovery but the money is driving up all the prices. So the higher stock markets are currently bubbled and not sustainable. I don’t know if this will change the next months. But because of all the hampering of free markets I’m not very optimistic. And I just can see the signs that inflation is a problem and this of course is due to the insane printing of money. But the FED never ever will admit that. It’s everything else but the loose money policy of the FED. It’s the greedy bankers, the speculators and everything else. And even if it’s worse now it would be even more worse without all the “actions” That’s the fed way and you can not reject it. The unemployment may be even higher without all the interventions and so they are “good”. But is that really true?

I’m afraid it will get worse and worse, there comes the day the bonds will mature and then? There will come the day where the asset bubbles will bust…. I just can repeat myself, don’t trust government. If you do you’ll be among the first losers… Do not buy anything but values yet. Do not buy any bond of the US or you’ll be sorry. That’s my opinion, feel free to decide differently.

Another 12 billions on their way

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<p>
The highest court in Germany will start “thinking” about the lawsuits tomorrows. This were initiated a year ago before the first money was transferred. Just imagine you know a defrauder, he is caught and one year “nothing” happens. That’s the situation of the “greece helpers”. It’s illegal, it’s against the no-bailout clause. and guess what nobody cares.
</p>

<p>
In fact Germany violates the treaties for the Eu convergence critera. Just hat anyone can remember. 1) not more than 60% debt of the GDP, b) not more than 3% new deficits a year. Nearly no-one fullfilles this things and what happens? Exactly nothing. Greece is beyond 150% new debt of the GDP and probably that’s the most after Japane which over 200% debt /GDP.
</p>

<p>
Just imagine you will among the richest men in Germany with 12 Billions. Probably among the top ten earner. And at the top of this earners Aldi stands. And they exist for now 50 years. So the worth of 50 years of work and service to the people gone today. For scammers. And still the same responsible for the scam are in charge in Greece. Everything they have done was lying and stealing but giving them more money is without alternative?
</p>

At leat some good news

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English banks reduce their exposer to EU risks:
http://www.telegraph.co.uk/finance/financialcrisis/8584442/UK-banks-abandon-eurozone-over-Greek-default-fears.html

1:100 that Merkel and Sarkozy will name them speculates. Or traitors or such

Greeks history is near record breaking for defaulting. Just read “This time is different” and you’ll see I’m taking this out of the blue.

Much more interesting is that defaulting seems to correlate very nicely with corruption. For this beeing able to read German check:
http://www.tu-chemnitz.de/wirtschaft/bwl4/interessantes/Korruption_Artikel.pdf

Togehter with this time is different you’ll see the probabiltiy of Greek defaulting is very high and because of the sell of of bonds one can see, all but the deledefs think a default is inevitable.

Can one be happy about the death of a man/woman/idea?

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Well if you think happy is much to strong. How about being relieved?

Was the day of the death of Alexander the Great, Caeasar, Hitler, Stalin, Lening or you name it a “happy” day? Well I guess it very depends. If you had been supressed or conquered you surely was happy that days. But all in all, you did not know what would come next. Still if the infrastructure of slaughter still was in place (and even aver HItlers death the ward did go on for 4 months. And theses months were terrible for “the normal soldier”. If you’d not been killed by the “enemies” you would end in front of firing squad.

If you did not catch the right timing you were shooten by some own fanatics in the name of the “Endsieg”.

Now can one be happy about the death of Osama. I guess with some assurance at least some were happy that day. But still does it have meant the end of Al Quaida? Surely not. So one devil is gone (which probably is seen as a saint from others) but still Osama happily and readily wanted to kill Americans whereever he could. So anyway I guess many were if not happy quite relieved.

Now if one can be relieved about whom’s death one could be relieved these days? If we see the damage done by fiat-money and central banks. I’d to admit I would kind of be relieved of seeing this entities die. Agreed that are not men directly (because even if E.g Obama or Merkel would be gone, the infrastructure of suppression and misery are still in place. So we would not really win a grain of freedom. Anyway I would be happy to see the complete idea of fiat-money and central banks die. However the days of this fiat-money round are counted. Every new credit for “saving” whatever is just digging a little bit deeper….

So yes I would be happy about the death of central banks and fiat-money. And I would not be happy or relieved but it would be a kind of satisfaction if the current deledefs would have to go…..

Reading suggestion II

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Do yourself a favor and run to the next library and buy or borrow. “The case for Gold”. You can see how nice big government and big money play together to harm
everyone else. You can see the history of the Greenback is a history of fraude, lies, broken promises. There was but one time where the “right” thing was done.

You ask what the “right” thing is? Well I guess then you don’t have read anything every written here 😉 The right thing it abolishing the central banks and fiat-money. Nothing will
be a better base for a sustainable way of living. Every other approach is deemed to fall, because as Heinlein has pointes it out in “the moon is a harsh mistress” Tanstaafl”.

You can see the failure in nearly every law. Politicians decide without any consideration of the associated costs. Oh indeed they always argue that it will get cheaper. But as sure as hell does not freeze over, if government intevenes it’s getting much more expensive. I suggest you just check how much money is spend in and on government activities. You can check nearly every country (all but those which have nearly gone broke) and you see the vermins are everywhere. You think you will win that race? Forget it, you will get deluded.

Just see what happens to production. Production is reglemented. Masses of bureaucrats decide what one is allowed to produce. You see the way is alway to some monopolies of the states. The biggest monopoly (with the highest harm factor) if of course the debt system (one can not talk any longer of the monetary system) . The system is the debt producing machine, and it issues money in ever increasing quantities. But again there will be pay days. And the more debt there will be the harder the impact will get. There is no way that this system can survive. It’s from ground up unsustainable. So if the foundation is wrong, everything else will crumble. The only “solution” is to prepare a well foundation. Then you can build skyscrapers and they still will “persist”.

So end the central banks and the worthless paper debt system. In this there is but no choice. Wealth never can come from debt, even if you see a ranking of billionaires, you always have to bear in mind. It’s not the have this wealth in greenbacks. They always have something of value….

Money as value vs money as debt

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I’d planned to write a long post about it but guess what I found:
http://mercuryreliance.wordpress.com/2011/04/12/money-is-debt-and-gold-is-money-supreme-court-of-canada-says-so-in-a-ruling/

The reading in the link is “legalenglish” so be warned.

So anything I’d like to say is said. Our current money is nothing but debt, it is not value. If you tender money against something of value, this is the “value”. Now imagine a world or money as value. the money would have some inscript like.
The holder has the right to get 4 pigs for this note. Then money is value not debt. it would not make a difference for the payer to either give something else but 4 pigs or the 4 pigs. But in our system if you want to “get” something for a bank note, you just will get “another” bank note. So you see there is nothing behind the money.

Now wher’s the sham? The sham is that the central banks issue this promise. And they can and accept bonds of states/governments as “security” to issue more “notes”. Now we have an instrument of unlimited generation of “debt” (well they (the deeldefs) call it money)) but you see it’s a straight lie. The states issues bonds which can (and unfortunatly are accepted as security) and new notes of debt are issued. So government issues bonds for 100 ME, Fed accepts and issues another 100 ME “money” and so debts are paid with “debs”.

You still do not see the sham? Well let’s go further, This debt has to be accepted at straight value form everyone living in that country. And so you give something of value (e.g a house) and get a debt certificate in advance. Now imagine a world in which money is value. So let’s assume money can be redeemed in precious metals. E.g 1 g of Gold is 1 ME. So if you house costs 1000 ME you can get a kilogram of gold instead. But this is a real value. No money can created which is not redeemable in gold. And so one could ask government to pay back bonds in Gold. And government can just pay Gold it has. It can not issue a bond and the Gold suddenly come into existence. This is what currently is not done.

The state can issue as much money (as debt) as it likes. If they would not have the “money” straight. The way would be, issue a bond, have it bought by the Central bank and “voila” money is there.

It’s clear what money defrauders prefer. And so they do in every country of this world. The promise money but in fact this money is debt. It just says “trust us we give you something in return for your values”. That’s the biggest sham in the whole history of men. There’s not bigger crime than issuing money as debt as make this debt a legal payment. It always will end in tears and misery. Because there is not limit to inflate money supply. But the governments are the first getting this “more” money and they get “real” values in return. The one givin away this “real” value, suddenly will see. Well the promise does not hold, just wait a yeare and most of the time you won’t get back the same value as you had given a year before.
This inflation of the money supply, devaluates each unit of the currency and you can buy less “real” goods than before. This is than the “saying” of raising prices. Well no the prices of the goods do not change. If I give you a tomato today and you promise to give back a tomato next year. Then we are talking about value against value. Now with fiat-money and unlimited inflation of the money suppl y(potentially, but sure if the end is near). I would receive let’s say 1 MU for the the tomato.
Now next year I have to give you a tomato. With an inflated money supply and assuming that everything else stays equal. I have to pay for the tomato in a year 1 Mu + what is needed to balance the devaluated money units.

So the only “honest” way is having money as value. Notes must bear a note which simply states. This note will give xy grams of (whatever).

I’d just like to see money as value, but for those who think the promises of governments are sound can use there money as debt. Why we do not get that option is probably all too obvious…..

What are the signs

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that we nearing us an end of a bubble/burst cycle?

I wished I knew. So I just can speculate. At first it seems the debts were piled up higher than ever before in “peaceful” history. Peaceful in the sense that there is no war in Europe. But maybe I’m just too optimistic about the war stuff, maybe one has to admit it’s war between the deledefs and us. But well we currently do not shoot one another (but don’t ask me how long that will last).

There a a few other signes that maybe this time the end of this cycle is nearing. Gold still raises, slow but steady. And the worst fiat-currencies (EUR and US) are declining as well. I know there is not “real” alternative country on this earth, basing their economy on values, but well there are worse and a little better than worse fiat-money currencies. However we also see raising prices of commodities. The raises are not that striking in the “non-core” inflation area. But non-core inflation is kind of “a little bit pregnant”. It’s something that simply “does” not exist. We see devaluation races while the central bank go wild printing money. And so yes I think the prices show this devaluation.

Interesting also that the politicians are just cycling around each other and try hard to avoid any acknowledge of their population. You can see this in the last G8 meeting, which one just can describe with one word: spooky. They just were placed behind fences and the executive was closing down everything else. There you could see that they are not hampered by any sort of reality. It really was one of the days, one could see how they are not “working” for the public. At least not what I understand under public.

We’ve seen remarkable actions of men in north africa. They did not have learned much from our faults, but they managed to drive away their current deledefs which is a good thing. But I’m afraid they will follow the next duper, to some stupid thing. I hope I will be 100% wrong on this, but I do not see that politicians currently “leading” have done that much good. But may be “this time is different?” I can’t tell.

The actions of the federal banks seem to be desperation in disguise. They tell us “Everythign is under control” but I would not believe that for a second. So currently they try to prolong the suffering, but in the end we know “we are all dead” and Fiat money will die if not these days or months than someday in the future. You can not have “money” as debt. It’s one of the biggest chams ever in history. We are trying to sneak our way to wealth. That does not work. And devaluation of currencies is the surest way into doom. There is not exception to this rule. The “ruling” people, start issuing less valuable money and use their guns to “convince” us to take the more bad money on face to “better” alternatives. And I’m afraid there is never a “this time is different” in this area. The currently leading people do want to “lead” in the future too and so they do everything they possibly can to keep “their” system running. And so we never ever will see that they try not to fight what they probably will call “the market”. They will always attack those pointing out their lies….

And I ask you frankly. How can one believe that devils would to anything not to tantalize their “underlings”?

Thanks but no to Mrs Lagarde

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I’m against Mrs Lagard for the IMF. The IMF is just a from Politician controlled instrument, with no-failure-built-in. It’s not a market instrument, because otherwise hardly any political
pressure could be come from it. So short, it’s dictatorship pure.

Mrs Lagard has an open dispute about corruption and all in all France is the county for centralism.

The only “right” thing would be to abolish the IMF. This will not happen so we should at least get some democratic control about it.

If we have this IMF we should have president of a country which never has gone bankrupt. France was known to default every 50-100 years in the 17-19 th century.
I also am against any Chinese at the top (China is the last “big” dictatorship around with not acknowledgement for any human rights). The IMF president should come from a country with the lowes corruption rate, That is the only thing which “may” help anyone.

Here on Mises the guys have an idea on the problems with central banks
http://blog.mises.org/17035/mad-men-2/
So the only “right” way is abolish the central banks, and introducing sound money. And then the debts avalanches will not be a problem. It’s just the constuction of Fiat money with last lenders all over the place. Responsibility is an emtpry phrase if it comes to deledefs and bureaucrats

How does QE come into “life”

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I’m wondering. I could not find the first mention of this “anti-word”

Can anyone give me a hint?

Wikipedia suggests:http://en.wikipedia.org/wiki/Quantitative_easing So it was “born” in Japan. And well AFAIKT it does not have worked that well, or am I mistaken?

For me QE is just printing money under different words.

Another question in this regards. Does anyone know of a country which does not have Fiat-money? It seems that at least in the US the pendulum swings back to “better ” money. Currently the defenders of the worthless fiat-money
are supressing other solutions. But know: “First they laugh at you, then they they fight you, then you win” or the like. I do not know when this card-house of bad money willl crumble, but it’s not a question if any more it’s just how long will we have to suffer…..

The three golden deledef rules

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Translated from: http://fdominicus.blogspot.com/2011/04/das-mochte-ich-hier-festthalten.html

1) a politician never is guilty

2) if a politician is guilty 1) takes immediate precedence

3) if a politician is guilty an lying, it has to be blamed on the markets

Just have a look at a few entries on the mises log in the past few days:
http://blog.mises.org/16587/when-in-doubt-blame-the-speculators-%E2%80%93-again/
Just an example from Germany, The taxes on fuel are well beyond 70% IIRC they are even near 80%. Who get’s blamed the oil companies. Well they are responsible of 1/3 of the price but
with every cent more the deledefs get 0.7 cent more robbed cents. That’s the “truth” and no-one can deny it, but the deledefs do over and over again….

Keep that in mind and you have much easier times to understand, their actions.

I like it it subsumes everything nicely what’s happening in EU or US country. Strange enough one does not hear such garbage from Neu Zealand, or Australia. Well the Japanese are
similiar and the Chinese are well “different”. We know the lie (but how does not) but they are culitvating their own bubbled. I can not see a city without population as a good investement..
See e.g:
http://blog.mises.org/16436/the-inevitable-result-of-central-planning-chinas-ghost-cities-and-malls/

The US creditability

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Well how interesting that the verdict of the rating agents still is on AAA for the US. They just have a few trillions debt and they “just” another 1.4 trillion during this year.
And still the blame the rating agents and call it a “politicial” decision. I wonder what does it mean? Is S&P a unknown party? Are the democrats and republicans not the only
parties everywhere else.

Are the owners the democrats or the republicans or what?

No it’s very easy the deledefs are fucking afraid. They know they are just playing on time and it seems there only desire is being pensioners if their own build card-house will collapse.
They fire out money as mad and never hardly anytime in history there was such a fiat-money flood. Just in and around the finances are devastated. And this was all done by the politicians of the both parties.

If AAA gots lost the debtors can not count on getting money for nothing (and the taxes for free). No they will have to offer higher interest. And this means it will get more expensive and still there is no plan for “paying” back the debts. Just the “plan” to reduce the amount of new debts. So we translate this kind of saving into our world.

Problem 1. The debt of a rate is measured against GDP so there is no GDP for use. That’s bad so we must calculate differently. I found this as “official” values for paying the debt. It’s 10% of the budget we need to use it for the “income” of our family so let us assume our debt are as official told 50 000 ME (money equivalents (read dollar)) . So we’d have to pay pay (we are not the government so we have “real” interest of let’s say 5%. BTW having this as interest rate would break the US.) So we’d have 2500 ME to pay for debs. So our budget is 2500 / 0.1 = 25 000 ME.

We are still lacking our GDP. So we need some help. Because the GDB is nearly exactly 100% of the debs we have GDP of 50000 ME. Great so we need new debts at or around 10% of it, that are 5000 ME.
Just let us assume this stays for “let’s say 3 years. Let’s compare it with how much it is for our budget. The the 5000 ME are 20% of our budget we had before taking the debt. So in reality we’d just have 20 000 ME at our disposal (- the interest which we must pay) . But we spend 25 000.

So in three years we’d have a debt of around 65 000 ME and have to pay 3250 ME interest /year. Now how much does our budget grow? This is hard to tell, but I have calculated with constant 5000 ME extra debts each year. And so our budget still is the same 25 000 three years ago we’d have to pay 2500 for the debt (the 10%) and three years later 3250 / 25000 = 13% of our budget. We’d have not paid bake one cent of our debt and we still are spending 25 000 ME (which is not possible because we can not spend the amount we pay for interest. So in fact we are taking new debts to pay old debts. And that means we have pay on interest of interest of our debt and we extended our whole debt around 30% !!!

If you can see you can stand that. Well you’re right. You can stand that for roughly 10 or so years, then you are fully broken. And well now see the US they are doing something similar for more than 10 years. And yet they still should have a rating of triple A? Hard to believe that something so obvious unsustainable should get a rating of “being” save….

You can see however how besides reality this kind of debt calculations are. We do not have any GDP which can help us, we can not tax away other. We just have our income as the “only” calculation base. I can not see and accept that this should be different for states. Just imagine the following all the pension payments are not covered in the budgets of today, although we know there will be some expenses in the future. In private you must save to have something, but the states do not do that. So the pension payments have to be beard from the current budgets, and you still have to pay for zillions of other things. There is nothing comparable in the private sector. (GM was broken by their pension plans BTW)

States should not be allowed to use GDP for calculations but their own budgets, and if they promised for pension payments this money has to be “saved”. If that is not possible no pension promises can be given an the money should be left to the people… They have to take care that they have enough for later. If you think how different the rate is comparing GDP and budget. Now let’s see what really is our income. We have a budget of 25 000. We have new debts of 5000 ME and 2500 ME interests payments. So that are 25000 – (5000 – 2500) = 17500 ME that’s your “earned” money.

And yes I have used official numbers, there are so many shadow budgets etc around that this may be just the tip of the iceberg…

I write “earned” because the earning of states are in fact robbed. You have to pay tax and you have no choice…..
With everyone else you pay what you ask for with governments you pay what you asked for and everything else also…..

dead reace (was debt race)

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Well I hardly could believe that:
http://www.spiegel.de/flash/flash-25145.html

It’s about the not covered expenses in the different states.
Now I was thinkin California was “bad”. Well it is but there are worse states. Nevada has a deficit of 45.x % that means for every dollar they spend they have to
get a credit from 45 ct. This is impossible to bear for anyone… But togehter the picute is even more dire. More than half of the states have a deficit beyond 10%.

10% deficit means withing 7 years you double your debts. This is unbearable. And so one has to conclude. The US is broken. They are acting as “super power” but well if the
machines all destroyed in war. They can not even buy them anew.

Those having read this blog know what I think of debt. Debt is evil and it’s even worse for governments because they take everyone of us as hostages. Even if the Land is bankrupt, the bureaucrats will find a way to suck up everything they can get from their “citizens”. All in the name that the “state” does know better. Well there lies, statistics and deledefs speak. You just have to keep in mind double-speak is “politicians” land. The name it political-correct or whatever but it means they lie, and lie again and if that does not work they put out their guns and ask “kindly” for you money. Well there’s still one more efficient things taxes. And so they name their thefts “tax” and taxes are “ok” and because they are ok they can get it by whatever means they find.

Just and unjust wars?

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Well what’s so very special about Lybia? Why is it “ok” to go to war with them but why not to  any other dictatorships?

We all know it can’t e civil rights, because they never were a problem in the past and still ain’t a problem with a lot of other countries.  In front of them all China. We even know civil rights are disputable by the US. Or can anyone see anything else but that with Guantanamo.

Now  you may say: It’s the oil stupid. I’m afraid this does not buy you anything. Lybia always has delivered. So no this seems not to be the reason.

Now let’s ask another way. Who started it all. The French “president” Sarkozy. So now we probably come to the real reasons. At first his party is hard pressed by the NP and his popularity is “gone”.  France has as other European Countries too much debt and the population gets older and older. There are not reserves  and so it seems extending the power of France over their “border” and getting hands on somthing as important as the Oil from Lybia is, you’ve to admit, appealing.

If we consider that Politicians (sorry deledefs) are masters of double-speech and double-think. It all falls into places. You say we must get rid of the dictator and let Lybia get “democratic”. Now in the back he probably think: “and well they better get democratic the  “french” way. You probably can say. “Well we the French will help you build up your society” and you can bet they’ll promise sending money. Money they don’t have but you know we just have to take more credit and all is fine.

In return you may come to an “agreement” which allows some government controlled corporation (France is full of them) to exploit the  Oil fields. And suddenly the pieces fall in place. You get some thing people “want” and desire “oil” and you get money and “more” power and control

This sounds reasonable for the french intentions. It does not explain the participation of the US and GB. But GB seems to always be ready to go to war for whatever reason. Maybe it has something to due with “Britannia rule the world” or  the like. One things the least interested country be the US. But I guess they still think of themselves as the “super power”, they have  not get it that they are “loosing” this status. Too much debt and too far extended war areas have brought down every imperial. Just think of Alexander the “Great”, the Persian, the Mongols, Netherlands, Spain, Portugal, Russia, Greek, Rome, Germany, Great Britain, France etc.

No super power ever in the world was able to extend their influence above a certain level. And it seems the US are following this route. They simply can not afford going to war “everywhere” they did loose in Vietnam, and well you can’t say they won in Afghanistan. So yes I think they overstretched their possibilities. But seeing that and accepting it are “different” pair of shoes….

There’ can’t be any doubt that Ghadffi is a dictator int the worse sense. He has oppressed all the citizens but those which currently favour him. However the US, and we all will see that getting rid of a dictator does not mean get rid of dictator ship. For that one needs a “complete” defeat as we’ve seen it in Germany. But still after the WW II many of the “high” rollers get high positions in the “new” country also. You know bureaucrats are unflexible if dealing with people like you an me, but are high flexiblity on whom rules they follow. However the Germans were fed up with the nazis, do we know if the population of Lybia is also?

 

We also remember the US have supported the fundamentalists in Afghanistan as they were on war with Russia. The same which have started their actions in the US. Al Kaida was obviously financed by much of American money, as they were aimable. They spend their money on weapons and brain-washing. And now the US is trying to defeat them… It’s not unlikely that the rebels are  of the same kind. So it seems the US better had not followed France. I bet even if Ghadaffi has gone, we’ll here from Lybia and “terrorists” again. And that after the failed war in Afghanistan. The politician of US and other countries do not learn…..

 

Give me a break

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from you stupdity and recklessness and especially expertise.
http://www.zerohedge.com/article/financial-crisis-inquiry-commission-slams-greenspan-bernanke-geithner-paulson-summers-sec-ra

Just see what the commision writes. The crises was forseeable. Well am not aware that anyone but the Austrians or near stand-bys have warned.
And well I do not know who is in that commission, but let us assume there as politcians in it which were there 2 years ago also. And so why “haven’t” they warned 2 years ago. Well I guess they thought it would be stupid not to get-rich-quick.

You can really see them showing us how stupid we should be. And of course it was lacking regulation which let to this disaster. How stupid is that?
Everyone in the bureaucracy then has backed up this Ponzi-Schemes. And you can see of course what should help “more” regulation. The “regulation by bankruptcy” is not an option. It would probably be too hard for those member of diverse “commissions”.

Fact is: The Fed has thown money on the market as if there will be no tomorrow. Dot.

Fact is: The politicians have forced financing of political correct groups. Dot.

Fact is: They have stolen from everyone and are declaring it as “the-one-and-only-that -possibly-could-be-done”. They are liars.

Guess what with the big-too-fail superstition this will be just the beginning of a crisis. I just can hope the deledefs have to “bail” out themselves. Better sooner than later.

It’s getting cooler

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at least probably with burning less money on IPCC.
If this is true:
http://www.climatesciencewatch.org/2011/02/19/house-votes-244-179-to-kill-u-s-funding-of-ipcc/

then this would be a “good thing” ™

I’m so sure as about the fact that after day night follows, that the climate is changing. The earth is not-yet-a-dead system.
Change is all around, the seasons are there, there is no denying, there were much cooler and much hotter times. And if men will have gone, the climate will still
change over and over again. Till the day earth will be burned by the expected end of the sun.

I don’t know from what we’ll talk in twenty years, but the end was allways predicted to come “far too soon”. As long as we can think and try out new things, we’ll change
our future. Who could think of the IT-industry just 60 or so years ago? Who could think of planes a 200 years or so ag ago. Who can just imagine what would happen if we ever will be
able to make practical use of Einstein most famous formula. Just imagine we we’re able to store and retrieve our energy by that. The earth would be so full of energy, that everyone could have a few billion airplanes and still it would not make a “difference”.

Now imagine we would have spend that much money in nuclear fusion. But you know, we got the decree before the trail. The decree was (and still is) “Guilty”. Men is guilty of “heating” up our planet. There’s no “denying”, this is just “a matter of fact”. You can say “god has created earth in 7 days” and this is “undisputable”, now it’s the same with men-injected-global-heating (migh ;-()

If it comes to debt

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nobody can beat the USA. The unbelievable sum is somewhere around 14 000 000 000 000 (14 trillions) the new debt every day is a around 4 000 000 000. That are new debt
of around 1 200 000 000 000. And yet it’s not “enough”, As we learned Geither wants the “right” to make even more debts. It’s interesting, a problem caused by too much debt trying to heal
with even more debt. And we are talking about the “official” debts, one can not even imagine the diverse hidden debts. Fact is if the Chinese will start selling bonds, the USA is “finished”.

And yet the live as there is no trouble nearby. They initiate programs which are unpayable. But they still pretend it’s “social” justice. I guess it’s very “just” if we head for another kind of civil war. Not ever in history there was so much debt out there, which lacks nearly any substance. Sure they’ve build houses like mad and what has happened, they are unsellable. There are regions where you can buy a house for few dollards, but after that comes the gruel awakening. You will get taxed, you will get taxed like mad. And this is “just”? California is bankrupt, and still they are doing as before.

I wonder when they will see that debt richness. Some of the deldedefs are dreaming of the “perpetuum mobile”. It does not matter if money is backed by anything it’s just important to throw out even more money at every problem and steal it from every living men in the US. They think people are so stupid to never realize that debt wealth. And yes the grow up there own lower class, because we know democracy is great and equality is even greater one men one vote is the “most just system imaginable”. If it means having the lower class vote for oneself because of benefits…, than it’s an easy deal

Make saving a “stupid” thing, make debts the “real” thing, tax away hard working people and give it to the spongers. And because you do not want to have it that obvious introduce a new bureaucracy which
has to look after the sponger, and say you need this bureaucracy to see that they do not live on expense of the others. This is to keep the honest people calm. Or even better try to make them all addictive. Addictive to the benefits of the great fair nannystate. Give those left right-doers the impression it’s them who are guilty of any poverty and that just the big government can do anything about it.

Show your face (the real one)

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It’s always interesting to see how Deledefs make their “own” kind of reality. Let’s take using stolen things for something. We can assume it was illegal to send the docs from the diverse places to wikileak. Now we can see interesting reaction: Those publishing that stuff should be jailed or even better killed. The always start babbling about security of whomever. Who has send the soldiers down to Iraque/Afghanistan. Yes indeed the same persons. It is acceptable to harm someone in the name of some artificial construct like a country, but if information is published about the same mission, than this is an unacceptable risk?

Then the very same deldefs accept happily a CD which people supposed not having to pay their (though of “just” taxes). The even have paid for such a CD. The stuff is stolen, but hey it’s government. They can use whatever they get to put more pressure on their own citizens well this name is kindly phrased for subject.

It’s quite interesting, how you can get to such a brain split. Everything coming from government is good, everything else bad? Every one else knows it does not come anything good from government. You get in touch with them, you will have to pay dearly.

But hey the saying is. “It’s sweet to die for you country”. Why don’t the Deledefs do us a favor and take this sweeties?

How much worth is your Euro?

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Well in Germany we have one answer since yesterday. Ten years ago shares of ENBW were sold to the french government owned EBNF. That has cost them around 2.4 Billion Euro. Now the land Baden-Württemberg has bought back the shares. (nice side-note, the will publish a bond for that, and even nicer, it does not cost us tax payers anything) , the price. around 5 Billion. That is a raise of around 7% a year.. Now we know how stable our EUR is. Because it has not cost us anything we just need 7% raise of income every year to not loose anything. I’m just puzzling how many Germans were able to raise their wages from let’s say 3000 EUR to 6000 EUR….
Let us assume some really did manage it. Now at or around 36 000 EUR income a year one has to pay roughly 8000 EUR. For 72000 EUR roughly around: 23.281,74 Euro

Yes you might not know we have a just progressive income tax. So let’s be a little bit lazy. For having 36 000 income we need around 44 000 EUR a year for having 72000 we need at least 95 000 EUR. Anyway if you earn more than a littlle over 50000 EUR /year. you pay the highest possible tax. That are 42% + 5% (extra money for the German bailout of the GDR (now more than 20 years ago)) . However if you earn > 2700 netto month you are above average in Germany. So we’d be above average with the first number and you really have to search for those earning more > 95 000 EUR. But you know the Euro is stable. And we Germans are “richer” than ever….

So the question is who was able to get 51 000 EUR more income a year, and have earned 44 000 EUR ten years ago. For those of you, I have good news. The EUR was stable for you. All others, please let your member of parliament know that you have become poorer.

Wikileaks again

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I’m quite delighted about the newest publishings, it shows, in what the US believes and what they strive for. Beeing the “super power”, and every other should be kept down. It seems that the US fortunately have quite a few dissatisfied workers. What’s interesting is the reaction of the traditional press. They write, it’s not something did not no before. Well may be but imagine this stuff would have been offered to some traditional news papers. What reaction would we have had then?

Now I’m really curious about the publishing of papers of some bank. Guess if you can see how they have betrayed their customers. It would be a pleasure to see them standing naked.

Ah well I’m quite “satisfied” that Wikileaks exists.

Safe Investements?

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It seems putting money on diverse coporations can hardly be seen as “safe” investment. GM will initiate another IPO, just with the advantage that given promises (pensions plans) are now guranteeed by the “governement”. And here in Germany we have sunk around 18 billons in the Commerzbank and there it’s unsure that tha intereste payments will be done. So much about the lies that we’ll get our money back…..

It’s good that a few things exist

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I count among them the Wikileaks. Not that I’ve used it intensivly, especially not about the war in Afghanistan. But it’s because journalism seems to
just write as the politicians do. I commented on one extreme example in my other blog (in German). But having wikileaks just shows how we get
lied to every day. All the big words about freedom and “serving” the population. It’s from nearly everyone just “hot air”. Just see the Obama speaks. And then see what
comes out of it in the end. People having lived in peace have to go to war,soldiers are sent out of their countries for what? The name it fighting for your freedom.
Reallly I’d like to know what the people of Afghanistan have done to threaten your freedom over there in the US or here in the EU. Just because a few fanatics are coming from there. Well how about the diverse criminals sitting in our jails? Strange enough one might ask, how comes that in comparison the US has the most criminals. Maybe the proper
place for fighting for your rights is there where you live?

I just want to remind you. Obama has limited your freedom by saying yes to the (b)failouts. Obamacare will get a synonym for constitutional inefficiency. But well he’ll live on a good pension and wil earn a few thousand dollars for speaking on big or not to big events. Anyway Wikileaks probably will point out where he has lied and betrayed you.

Hopefully this will make a difference….

There’s just one thing left.

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Which will stop the deldedefs to ruin us completey. We have to take away the possiblities to mess up with money.
So it all ends in, we need to have a stable money. We have to get rid of the central banks. The problems with
the current state of affairs just show it over and over and over and over again.

Just read the coments of Bernanke or Trichet, the most prominent examples of the heads of central banks.
Just remember the 700 billion TARP money? Just see the 750 billon money for the “european (un) safety net”.

Fact is: The leading countrie are drowning into debts. Expecting that they will pay for it is just “wishful-thinking”. They claim they will start saving, but
this is a lie. So what they will do is inflate the money. This will still from those having savings, but that is
the way it has gone since the 2nd world war. Just look back into the 1970 ies. With their extremly high inflation rates.

That we currently do not see the inflation rate rising is just “by chance”, with all the new money printed they will start raising. And then imagine central banks which will claim
stabiity is reached as long as inflation rates stay below let’s say 10 %. Just let them keep this for 7 years and the value of the debts just have halved….
But if they try to steer back they have to raise the short-termed interest rate, this will get a very very very harsh stop….

I’d prefer not to try this route, so I’m for. Stop the central banks, let’s work for “stable” and valuable money.

Don’t make contracts with the EU

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they will not served.

the EU will pay for the debts of Greece:
http://news.bbc.co.uk/2/hi/8508688.stm

needless to say:
http://dejure.org/gesetze/AEUV/126.html

and
http://dejure.org/gesetze/AEUV/125.html

Now a giant new lie is done.

Don’t count on the fact that you have written contracts. If it pleases the EU politicians you
can do whatever you like with it…

The “allmighty” politicians

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An intersting example of farsight of politicians. As some of you may know Greece, has terrible hard times with their deficits. some suggest that it has to be excluced from the EU currency area, however there are not provisions for such a  case. And now the others are navigatint along a path which is against their own given laws. as pointd out e.g here http://wirtschaftlichefreiheit.de/wordpress/?p=2636 (!! in German)

In short the paragraph says no country  has to bear the debts of another country, but now they are “considering” giving debt guarantee to Greece. This is simply perversion of justice. Germans are hunted for tax evaded, while buing stolen data from someone having worke in Switzerland. The have choosen a similiar failout plan as the US and they have dispossessed the owner of HRE.

You see the tendency? I guess you are not suprised. One intervention asks for the next one and sooner or latter you are trapped. You can just go on with stealing for a while, if theres nothing left, all ends in misery. Especially we Germans have a lot of experiences with starting from “scratch”. Do we really have to prove it yet another time.?