Schlagwort-Archive: responsibility

Solutions to the mess

the deledefs have put us into:

Introduce sound money. That means “End the Fed”, bind the currency to something of value

Forbid debt for financing governments

If one thinks the state is needed. Introduce one flat tax for financing it.

Stop the subsidies for the diverse parties and look for de-centralism. That means throw out most of the bureaucrats in Washington.
Disallow any agencies like the CIA , NSA etc. And their acting as states in the state. Don’t allow torture.

Keep the greedy hands of bureaucrats out of business. Every intervention of the government is based on but one thing violence. It’s not acceptable that
the state can use that as “base” for negotiations. It’s the same as if in business one party comes with heavy arms and “suggesting” a certain kind of contract.. You can comply or you die?

Think about the diverse laws and the highest risk insured. That’s bad, it’s a subsedy for large corporation to live on the expenses of anyone else. Give property right back their “meaning”. That means the share holders must be much more involved in what the managers do.

Unrelated?

Just am puzzling there was a survey among the German “politicians” (as you know I prefer to name them deledefs (democratic legitimated defrauders)).
They think their influence is “minimal”. What the hell? Who did us all the “bad” with stupid laws?

And on the other hand. The one member of the Fed places a statement:
http://blog.mises.org/15612/dont-blame-us/
I cite:
The Fed, like every other central bank, is powerless to prevent fluctuations in the cost of living and increases of individual prices. We do not produce oil. Nor do we grow food or provide health care.

One can not imagine anything more of lies. The Deledefs crucify us with ridicolous laws (just try to grasp the “idea” and handling of a value added tax) and the FED is the only one who can “print” money. But hey it does not matter, if we raise the money supply by 100 %, than you can not blame us if prices start raising.

Sorry both of them are simple liars. There’s no excuse or something for all the bad they do to us….

Heavens forbid see
http://mises.org/daily/5038/Investors-Finally-Fear-the-Inflation-Precipice
and read:

BERNANKE: There really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation at the appropriate time. …

Q: You have what degree of confidence in your ability to control this?

BERNANKE: A hundred percent.

The commenter was right. Perfect double-thing and speak. Just see they can not do anything if prices are raising but hey they can control inflation.

There can’t be more lying.

It’s even worse as I ever could imagine:
http://www.economicpolicyjournal.com/2010/12/bernanke-outright-lied-on-60-minutes.html

If it comes to debt

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.

what happens if failure is not an option any more?

I wonder, how can things work if failure is not option any more. Please tell me how could it be that a “bank”, too large to fail, is allowed to persist. Is it better to drive a whole country bankrupt? Just imaginge the following numbers 145 billions have been sunk into HRE, the saving of all Germans in 2009 should have been 189 Billions. That means nearly all our savings from (around 80 milliion people) have been burned. How sustainable do you think is that?

I’m afraid a big catostrophy is overdue. What do you think if let’s say DB and CB will get into deeper trouble. We simply can not affort it. So are politicians to be allowed to bring that much harm over us? Well in Germany there is oath to save the population for harm. But what do they do they drove us down the road to perdition. I’m really wondering if we can start fighting them, because they are working against or base law. (the “Grundgesetz”)

How is that different with the US. Isn’t Obama, and Bernanke harming the Americans over any before known bound?

Think about what it means that failure is not an optoin any more. What about responsibility than? There is no “too big” to fail. Even countries have failed and they will fall again in the not to distant future if they allow overtaking all corporations just because they are supposed “to big to fail”. Can you imagine the smash if the US will go down the drain? Just compare that to a failure of all the overtaken businesses. What will harm more people?

Has the “Endkampf” begun?

I wonder if we see the last tries for the social-democratic parties? Just imagine the following two numbers:
8 700 000 000 000
14 000 000 000 000

That are the debts of the EU and the US. Both are currently riding on “experts” like Krugman, which say Inflation is not a problem
I just suggest looking up hyprinflations in the last 60 years. Politicians seem to be unwilling or blank stupid to not learn such things from history.
If things break down, the only think which “survives” is free trade. You can not stop it by any means, you can call it black market or whatever, but
it’s what people do to “survive”, and there all “political power ” simply stops… As long as we give politican the power over and over and over again
to manipulate money, we are asking for a bankupt (more sooner than later). The last european country bankruptcy is now Greece. See what happens over there.
Violence, protests etc. That harm was done 99.5 % by Politicians. I propose to think over how such things would be handled in an economic sound environment.
It means an end to the “current” leaders and other take over. Things to not de-evaluate completly, there are always things worth something and
others pick it up and make money out of it. If you try to “fight” such things, the problems surely pile up higher an higher an higher. The saying. The higher the climb the deeper the fall
never ever will be proofed wrong. Sure the EU has probably bought some time, but who can expect that “suddenly” the same in charge will suddenly proceed responsible?

I will not say they can not learn, but chances are slim they really do. Do I really have to point out some open questions?
– What good has the TARP money done?
– What good has the German FmStg done.

Now we do not even have to speculate about a few banks, but whole counties and countries. See what’ has happened to the 8 larges economy in the world they are
bankrupt, by any practical means. See the troubles spots here in Germany, where complete cities go down the drain. This all has to do with “bad economic” behaviour. And what happens?
People take their stuff and “go”. We have thousands of examples here in Germany where politicians have harmed the people, but still they are there and well it’s alway not
their fault. It’ s the circumstances, the speculator, the other politicians, the stupid people and whatever you can think of but never ever the own stupidity or inaptitude.

How can that be suprising if the only thing which can happen is that you won’t get re-elected? You get paid nevertheless, you do not have to please customers you just get paid from “the governement”.
If you looes a few millions, well bad luck but it’s not your fault it’s the agencies like Goldman Sachs, Young or whatever which have deceived the littel poor politicians. They handle sums in the millions and billions but
are not “responsible” they have to follow laws, regulations and if you follow the regulations you never ever can be guilty, can you?

We have decoupled the bearing of failure of successs. Just see the last 750 Billion raid in the EU. Greece has lied to the EU, it does not matter. We have laws against taking over debts of other countries in the EU,
it does not matter. Now the money was “celebrated” as a big win against speculants. So this was judges as success (well one should be carefulw with victory, Phyruss has put it properly) . If you think German papers just name it “a big raid” well think again. You have to read the Züricher Zeitung, to read a proper comment about this “gamling”…. And even the “independent” TV-stations just repeait the “mantra of the politicians” It’s the fault of the speculants. Well they do not mean the politicans with that…..