Schlagwort-Archive: stealing

It’s high time to say goodbye

dear reader. I guess it’s not a suprise to you that I want money as value and not money as debt.

The outooks are getting more devastating every day. And the “solutions” suggested are the same wrong things we’re doing since we abolished money as value.
In fact the inflation/deflation do not change as usual. It’s just more more more inflation. That can’t be a suprise because money printing is the solution to everything since ages.

If you consider it it’s just voodo. Printing money is absolutely effortless indeed if you add a 0 to a 100 note you suddenly are 10 times reacher (on paper) but nothing was produced for it and no-one has
spend any serious work on it. In money as value currencies it is impossible to just printt things. If the note says, you can go to any bank and get xy gram of whatever, this money is backed up and can not
be inflated just by appending a zero to it. In fact you “must” know that you have this xy gram of whatever somewhere. Either youi saved it or in the case of banks their customers have saved it and ALLOW the bank
to lend i. Yes even there we can not know what investments will be fruitful. But in the old system it simply does not matter. The money is printed “before” something was produced.

That means also, those having this money first seem to be richer then they really are. So they can buy more for nothing in reality. This is the first time the big debtors gain. Now the biggest debtors world-wide are the
states, and the states can force anyone to use their money on the land they rule. This is the first time savers get duped. But that is not all the money out of nothing drives up the demand. And at the end of the chain, those getting this money at last, find that he can not buy as much for this money as some years before. And this is the second but not last time the saver is duped.

The deception goes on with the following. The big debtors not just do print money they are issuing bonds also, and they have to pay interest on those bonds. Here again the states are the highest issuers of bonds, and now another deception takes place. The buyers of bonds can not print money out of nothing, they have to save the money that they can invest. (just remember this money, most often has start is existence out of the blue). Then they have to pay “saved money” for the bonds. During the runtime of the bonds the earned interests are taxed. So real saved money is paid some day in the past, the interest is partly stolen by taxes and the money is inflated and at the end of the runtime the 100 CU are just worth 80 CU or even less.

This money is not a unit for paying and saving every cent is just a lie. Franklin just looks on you and is smiling. He would have got it how you are duped. So you can protest against bank and big business as you like, but as long as you do not protest against the money monopoly and the fiat-money system. You just want to change the system that you are master and not slave any more. Occupy Wallstreet does not have understand this and therefor it’s just another master trying to get some slaves.

So there’s but one candidate which asks for sound money for ages (at least 30 years) and there’s but one way to get our of slavery. Abolish the Fed, take away the money monoply from the state and demand that the currency is backed by values… It’s high time to day goodbye to fiat-money. The longer you way the more brutal the awakening. So again
Say goodbye to the fed and good-by paper money.

Worst ways

or, why deledefs love Fiat-money and their money monopoly.

Well as we have to realize that we have a debt problem world-wide. (USA > 15 trillions of debt, just remember in June or so they have raised the debt level vom 14 trillions), The EU somewhere between 18 – 20 trillions.
Japan a few trillions also and China which claim to have one trillion in “securities” from the US. And so it goes on and one. There is currently not one country world-wide with absolutely no debt. Now
tell me about insanity

How can that happen? Well its a “perfect” construction for parasites. The parasites are the politicians, bureaucrats, and big banks. Banks may live without a state, but a state with out banks is well historical hardly to find.
Now it makes sense for both sides to work “together” the banks are the only ones which are able to sell all the trillions of bonds. And with every selling, the earn quite a bit. Now what’s the advantage for banks. Well they got “political” cover from the states. Either directly as e.g. the Landesbanken in Germany and/or the Sparkassen or indirectly as you can see with the bail-outs. Why do states accept this. Well a bank is not just the seller for bonds but also the holder of deposits. And here comes the worst of all. The banks to take this deposits and lend them out, either directly while buying bonds, or just for other credit facilities for the state. Now this money is not theirs and if the state would not try to “save” the banks, the deposit owners may not get back their deposits. So banks and states are working with everyones property to satisfy their never ending appetite for money.

The biggest thing of course is creating money out of nothing. Absolutely impossible for money as value (read gold as money). If the banks give a credit there are suddenly the credit euros or dollar there, and they do not have backed up completely with their own money. It’s just a digit in a computer. So you can create more and more credit, and you just can “hope” that the investments done with credits will be paid back. That is (un) fortunately true most of the times that works. Well in fact if the just loose the normal 5-10 % of the given credit sums, they still earn big. Anyways this system comes to a screeching end if the overall debts are way to high. That’s the case currently the states have to many debts and people do not believe any more that they will pay back. So anyways the whole money system is a big Ponzi-scheme. Banks and Politicians are allowed to run it but if you do that in a private enterprise you got to jail (which is correct)

Why can that all work? Well the easy answer is the states do own the “most” weapons and they do write the laws. So if you do not comply you’ll get to jail. So people must be afraid to work against this stealing because otherwise they would get harmed. Not to forget the state have currency monopolies and central banks. That another level to obfuscate the wrong-doing. They name it “lender of last resort”. Does that not sound “wonderful”?
And it’s a plain lie again. central banks are backed up by state promises. And that’s all there is. I don’t know how you see it, but for me this promises are not worth anything. Governments are lying most of the time, and mostly then if it’s especially embarrassing for them. Just read about anything from Obama, Junker, Baroso, Merkel and Sarkozy in this regard.

And you can see the greediness of banker and deledefs. They make new laws to save themselves for prosecution. And the state just claims some banks are indispensable. And so we got the worst one can get.

Such system do break every few decades. This system now works for around 50 years and we’re nearing another end of such a deception cycle of the follies of deledefs.

leverage <> leverage

Now you may be suprises leverage under different circumstances do have a different meaning.

Meaning if used by politicians: “more fire power”, hardly “more” risk, telling markets stories of drunkeness and cruelty sorry, sedation. It’s just for the “bigger” good. Just well the base for this leverage still is money they do not have in the second case this is named differently, here it is named saving the taxes of the population.

Meaning if used by not politicians, greed, high risk if done with money on does not have speculating on credit. Ah yes Lehmann was gone because of leverage but you see leverage is not leverage every where.

In short the politicians use what the doom in the private economy. To be true, I guess we have to go back far in time to find a similiar decision day in parliament. Last time it ended in WW II.

Deledefs is just to kind to this kind of men…..

A view on different taxes

especially in regard to the situation in Greece.

Well my opinion about taxes it that they are theft in any case, It’s not a deal you may make or may not do. You live in country X the “authorities” from country X will tax you.
You have no choice but comply, otherwise you will be “convinced” at the point of a gun and/or face hard times in jail.

It would be a little better if you’d have the chance at least to state for what you are willing to pay. Let’ s assume e.g the higway were build from the government. And you use them . The right thing would be to charge only those using the highways. That would be just. Anyway if you’d had at least the chance saying from my taxes x% are for the highways. (It’s just an example) this would be at least fit something a little bit like a market. But you do not even have that choice. So without doubt taxes are payments without some guranteed return. So in fact it’s theft and because it involves the “violence monoply” of the state it’s even worse

But income taxes are less expropriating as taxes on substance and or deat taxes. If there is an even more unjust type of tax, those are the candidates. Assume e.g you earn exaclty the free income before income tax applied. You do not pay any tax than.. Now assume you earn just that much money and have a substance tax, as were introduced in Greece. Now you have to pay the tax and you get taxed before income tax can set in. Now what does that mean. You may have to ask for a credit to pay your taxes? And next year when the same holds the interestes and principals have to be paid and the taxes again?

So in fact taxes on the substance are absolutly incompatible with property. So they are the most unjust things ever put on tax payers. And that’s the way Greece has gone. The requirements and payments get more and more injust. And still the same old gang is at the top. Now tell me something about hate….

How deep is the trouble (France)?

Now after Greece let’s have a look at France.
I now work for more then 10 years with a french programmer. And he’s self employed. (but won’t be that much longer we will retire).
The french government does act as the the sun’s king times. The last attack was that one has to pay for the gains one have while selling houses.
Well of course inflation is not taken into account but even worse, the tax should apply to any bough house (even in the past)

So of you’d bought a house 10 years or so ago. And you would sell with a gain theese days, you won’t have to pay any tax, well that was the law as you bought that house.
Now this does not hold any longer? That’s brutal and disappropriation. Old contracts suddenly do not hold any more?

Another big problem the state has pension obligations and even self-employed have to pay for it. As in other countries this obligations habe to be met wit the current income. There was no
accruals for it. And well this means there is a big bureacracy in which everyone has to pay in. The buraucrats have to be paid and well maybe you get some money back. However it’s getting less and less likely that they stick to these obligations.

Another point one just earns below the minimum wage in France if the gross income month is 2500 €. So well that is quite a lot of money IMHO, but you’ll have to pay all the government and also a tax consultants because it’s the law that every self-employeed has to be controlled. Well yes the money is gone for “nothing”..You can see the elits of France in the form of MMe Lagarde. So you can see, from there one can not expect anything.

According to some figures one quarter of all under 25 are unemploye in france. That’s too much, and this will raise the possibility of violence massivly. You can see the laws in France do prevent earning an honest income for a free living. That means France is as much messed up as Greece. France will not be able to bear much more safety chutes costs. AFAIK they decided for a new “credit” facility named ESM which will just send us down the drain faster.
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So currently I’d think the risks for a bankrupt are roughly in that order:
1) Greece (they are bankrupt)
2) Italy (
3) France, Spain

I guess Germany will fall short after either Italy or France…. In fact it seems the ponzi scheme comes to an end. I do not think it will took much more than a decade to probably the biggest fall in history.
I think I will have to adjust my predictions or add a few other points to it.

All in all one can say devastating….

Remarkable

Saving the delebets way does not mean cut one’s expenses but highering ones income. Now this time it Italy.
A higher tax for the rich, a higher tax on capital gains etc, but not mentioning cutting down the expenses FIRST.
I guess that’s what GDP related debt mens. All you property belong to use. We just decide when and where we take it.

Another astonishing development. Forbidding free trade, you think that some stock are to high and do start selling them, empty. It’s now forbidden in three or so countries here in EUR land. France, Italy, Spain. Remarkable? Not really that are those which most distruste. As I’ve seen yesterday even buying Puts short should be forbidden. That means you can not express your opinion that markets are too high. And that will surely help. It will make everyone feel much better. Or not?

It fits very nicely to my predictions that the worse the state of affairs get, the more the delebets will try to “steer” control. The delebets do know they are wrong-doers but they would never admit it. So they are looking for scape-goats and there they are speculants…..

So one can see the usual lies are not langer sufficient, now they introduce some newer ones. BPOHs

Endk(r)ampf

Now dear Readers, if you think there must be an end to ignorance and deception. You have to read the following:
http://www.icis.com/Articles/2011/08/09/9483817/us-fed-promises-record-low-interest-rates-for-at-least-two-years.html

One can see they are absolutely clueless and can’t help but trying to prolong the suffering of a complete and without doubt unsustainable way.

With that Bernanke has now proofed he’s an even bigger defrauder than Greenspan. What will he do if the inflation starts galopping. The prices for food and fuel are nearly running. (Well it’s get a bit better because of the fear of a recession). Anyway they do it again and again and again, making money cheaper and cheaper just to keep this big ponzi-scheme running a bit longer.
We now have negative interest and it’s getting worse. They probably will futher buy securities etc. and printing money..

I always thought some sanity and knowledge must be present even with central bankers, but they’ve prooved me wrong. They are clueless and just panicking. The actions will accelerate the “Untergang”.

That was overdue

Finally and it serves the US right, Especially Mr Yes-we-can president Obama.

The USA have lost their highest credit-ranking. It would have been better they would have been downgraded some 3 years ago. But better late than never.
14 Trillion (extended to 16 trillions (official debts) is way beyond any reason. And it’s the highest in times of peace. Well maybe the military adventures of the US
do not deserve to be named peace. Anyway there is not declared war but war on terrorism. With all it’s “magnificence”.

The US should see that debt is the start of the end. And their debt toll is way too much. There should be never any debt for governments. It just means they live without their financial bounds, and they deserve to suffer from it as any other “company”. No state does not deserve this special treatement and it just shows among the equal or some “more” equal.

Fortunatly the markets start to realize the mess the states are in. That’s really overdue. But again better late than never.

On just can hope that the US will have to pay higher interests also. The current money burning from the FED is also beyond any reason, and it serves them well that the markets realize that they are running the biggest ponzi-scheme ever. I hope the US citiizens vote for Ron Paul in 2012, but well I guess the big “business” firms and military complex of the US will support someone like Obama who gives them access to any purse. Nice to see the reactions of the bureaucrats, “unfair”, well no.. “well deserved”.

Just can say US citizens you will have choice next year. I’d suggest that you give Obama what he deserves, “go out of our ways”. That’s the best message I could imagine…

What a suprise?

or not?

Well the debt ceiling will be rissen (at least as much as not to bother Mr Obama for his next selection)

Who could expect anything else? That anyone would really say, without me, and I’ll do all I can to stop the debt making of the government?

Just thing the politicians do not care that much about anything but getting re-elected. If they would bear the consequences they, might see getting the US in a harsh recession. And that’s never good for getting reelected. And so they go the way of the least resistance. The swear, they just do it for the best of the US. And maybe they are “believing” it. (which makes them so dangerous)

But even if the would not officially higher the debt ceiling, how could anyone believe it would stop deb making. There always will be a way for government to “generate” money out of thin air and or steal it from their population. I did not have hesitated a second that they find some way. And it seems they are raising the ceiling in 2 steps 900 Billions immediately and a another trllion a little later this year. Now how serious will they be to avoid new debt while having “new” credit of 2 trillions?

I wrote before the US could do us all a favour, making us believe they are going to change anything. This is so fucking dishonest….

When freedom is just a 7-letter word

Then you know Rothbard, von Mises and Hayek are either domed or simply not mentioned.

The EU is such a thing, Bondage and torture that’s the core of the system. We are bonded with the Euro and tortured with taxes. And the trailer is. “We (the deledefs) work for you
we are the servant of the people

And if you turn around you get another hit in the back. They bailed our the banks and stopped markets work (and therefor they paid with an unprecedented raise in debt)
Now they are again acting against the Market. And the result will be even more debt. The way is clear. It’s not that those having agreed upon piling up the debt will pay.
No the population is held hostage and that’s where freedom ist just a 7-letter word.

No state can and ever has done anything to spread or produced wealth but for a small minority which “claims” for themselves to be chosen in “a free” vote. And that’s their ticket to suppression.
It’s not discussed that taxes alone are the opposite of freedom but that any goods of the people are “free” to the disposition of the greedy hands of wrong-doers. Their freedom is not even a caricature, it’s a word denoted of it’s meaning. They even do not see that that what they do is at the very best serfdom and in the end slavery. And they start working on the “rightness” of this wrong-doing every day, every hour of their life.

It never was more true than theses days. Just see the “jokes” the Parties in the US are doing. Do you really believe anyone would really stop not being part of the “establishment” the elite of the USA, these masters of deception? Who really think it’s about freedom they are talking about ? It’s pure and alone about keeping their power and finding other new ways of suppression. Well yes freedom a 7-letter word like serfdom

Whatever will come out of it

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.

As expected

It seems I got that right in my last entry. Over the weekend they are facing for a “smaller” solution. And it hurts like nothing else what they’ve to give in
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Charade

2007 there was a debt of around 60% of the GDP now we are beyond 100 % and what’s the “solution”. Raise the ceiling more debt. Still burning money in enormous quantities and suprise, suprise the QE does not have worked. The People keep their purses more shut than open. But one exception. The banks again are making tons of money.

Not while they serve their customers but they “please” the government. So what has changed?

Nothing, the same people before the crisis which were not able to get income and expenses in sync are still sitting in Parliament and have driven but a few quenches of sanity out of it. Yes the evil rich people do not pay enough, Obamacare was established with new laws, new bureaucracies and so we know the prices will start skyrocking.

So what has changed really?

If there is one common thing in the works of the politicians

in the EU and USA it’s the ever expanding raise in laws against freedom and limiting liability.

As you can read also here:
http://mises.org/Community/blogs/tokyotom/default.aspx

But know there is a new negative record in the making of the ESM (European Stability Mechanism) . Unfortunatly despite search for an english version I just found an inofficial German translation.
In short: A new agency, with immunity of all in the governments boards without any democratic legitimation. As soon as I find the english version of it I’ll post it here.

Let’s have a look at laws

I’m currently reading Bastiat the whole collection. I ordered it from Mises and it was again some eye-opener I got from them. To be honest I did not not of the austrian schoole since maybe 3 or so years ago.
Despite the fact that I studied at least some of the political economics. However Mises and von Hayek were not even mentioned. We we’re fed with some kind of Models and I remember as if it has been yesterday liquidity traps.
So I guess we were taught “voodo” economics.

Strange enough I always felt even to that time that something was deeply wrong. And the more I read from liberals and libertarians the more of my let’s call it “feelings” get underpinned with well let’s name it facts. Another thing I remember was my education for getting a farmer. In Germany this is a profession you have to learn (it took around 2-3 years). That has been in the 80ies of the last century. Yes indeed I’m currently in the, I think one can name it “middle” ages”. My father was and ever have been and ever will be farmer by heart. It was his life. And I guess if there’s a heaven my father will be farmer there too ;-). In my second and last year of this education, I worked on a farm for pig breeding.

I think this farm was near “under-water” but that’s another thing. I did my high school degree and well it was “perfoliated”. But I think I was and am quite capable of calculating with interest and run of three, yes and I think the basic arithmetics are also known. I remember to that times I had a few discussions with my father. I’d come to the conclusion that the subsedies paid to farmers is simple wrong. And to that time I also cam to the conclusion that farming had a bad earning state. You need a lot of money for a farm and if you then just get that in return what I calculated roughly it was not a terrible good idea. But back to the subsedies. My father though that at least the subsedies for farming were adequate, because one “has ” to eat.

In that regard he is fully right and nobody can deny it but we lived in times were trading was not that much hampered and so I though well yes maybe farming is to expensive in Gemany (it deifinitly is, but I just learned later that it’s that expensive because of the “laws”, with which the governments make it that “expensive”. So I was thinking if the farmers cannot get around withourt subsedies. we probably should import it from other countries. A though it would be a win-win situation. The countries with better results in farming trade with us in Germany which probably are the among the best in engine building. And to that time I just started thinking, free trade is the “base” of all wealth.

Till a few years later father and I could not agree upon it. But then after 10 to 15 years one day we sat together and he just said: “I guess you were right”. Why did he was able to admit it: Well farming has but one trait, you are in the hands of nature. You can bee the best farmer in the world, if there is a year of drought or flooding you loose a years hard work. Nowhere else this is that that noticeable. But here one “natural law” comes into play. The law is: “Don’t take anything for granted, prepare yourself for years of misery”. So successful farming means saving enough that you can “survive” one or more bad years. I now it does not work forever, but base you farming on credit and you are bound to fail. I don’t know fi the prior mentioned farmer still is in business, if he won’t, I’d not be surprised, I’d be more surprised if the first dairy farm would not exist any longer. This was a cautious farmer, which “knew”, that one has to live withing one bounds.

So we have laws of nature, and nothing can prevent them for taking place. So the first rule (you can name it law) is, no the “facts”. And here’s the big fall of any government, even if they “knew” the facts they would and do try to fight them. This never can work. One “fact” is that one can not get rich by piling up debt, it’s absolutely impossible. You just can get rich by “saving”. That means using less than you have. Governments ignore this simply fact since ages. And now it seems “the law” strikes back.

How did they manage to exploits their populations for that long?. Well part of it is that the population bears the laws and “obeys” them because they think they are good, or if not good unavoidable. Another possibility is that government has bought this “agreement” there are a lot of ways of doing that. One of the most popular are subsidies for any kind of felt or adopted injustice. You know this kind of things. “We can not work that effective because this or that get unfair advantages from xxxxx ” fill in whatever you like.

And their are the unjust laws, which allow plundering. And as Bastiat has correctly written at least some, especially those one can name defrauders, do not like to work with their own hands. They like to exploit other people and take away something from them. This unfair people start working for governments. And suddenly they are not bound for unsolicited exchange. They just have to follow the rules, decided by the biggest plunderers. Oh yes they write nice things about freedom etc. but there will be one special law the laws for raising taxes and here we got.. Taxes means taking from someone at the point of a gun and not have to “give” anything back. However it’s the law. And this law is not “natural” it’s a law devised. To make this unjustice not felt that directly, one starts talking about schools not build, streets not build or whatver and that one “must” have this or that or whatever.

However Bastiat write the only thing he could though laws have to be. “Laws are justice”. Now it’s unjust that taxes take away but with some empty promise that those taking away surely will just use it for the best of “all”. But this is not the law Bastiat accepts. These “laws” just can be named phrases for debts and thieves.

So we can conclude many of the laws are not for saving ons property but to legalize theft. This theft however just can take place because the majority of people do not feel and see this as unjust. This laws feed one of the most primitive and ugliest things in men: Envy. It seems most of the people fell it is “just” to take away from the rich and the government workers are the “Robin Hoods” of the “man-on-the-street”. They are anything but right. Anyway many of the laws fill the “desire” of some kind of revenge. Bureaucrats are very innovative if it comes to plundering but not to be hold responsible for this plunder. Just see what happens with Tepco, BP etc. The state has limited the liabilites of this large corporations…. Shouldn’t that be something to be considered?

So the “laws” are perverted. They are not for saving one’s properties for unjust claims. But for founding claims on how to take it away from us. I just can see any avoidance of e.g. taxes as self defense. The problem is the delebets tighten their grip around your property, decade by decade, year by year, month by month, week by week, day by day…… We just can try to find the “natural” law and the natural low is that of unsolicited trade, and we all should work for it and one of the most important starting point is that we take away the monopoly of deciding what money is from the governments. If we abolish Fiat-money systems we’d have a big strike against the Deledefs. Sure they will fight us whenever they can. But you see it’s obvious that their ponzi-scheme comes to an end. They have not obeyed the first rule of economics. “Live within your bounds”. And this fault is getting more apparent day by day, failout package after failout package, new last vendors….

They will get broke by “the law” itself.

Let’s have another look at debts

There are quite a few sites which do care about the careless money printing of the FED and the lending of government.

Just a few actual links:
http://blogs.law.harvard.edu/philg/2011/05/23/visualizing-the-debt-ceiling/
and even more frightening (at least to me):
http://www.usdebtclock.org/

I mentioned Obamas Obamacare which will drive piling new debts onto another level. IMHO the US are beyond the point of no return. They have lived on debt for too long and the longer it persists the harder the hangover.

However I simply have difficulties to believe the numbers from this link:
http://blogs.law.harvard.edu/philg/2011/05/21/california-ballot-propositions-regarding-public-employee-spending/
Robbery is a too weak word for that. Does anyone can support this figures?

However if you read Bastiat you’ll find an interesting chapter head-titled with “The Law”. And as I understand it we are talking not longer about laws to safe one’s property but the plunder version of it. And according to Bastiat it means every one is free to fight that. You can see how “nice” laws were crafted for those plundering. So you can not simply pay no taxes anymore. If you go to the supermarket you pay taxes at the point of the cashier. At least the VAT must be paid. If you do not pay your taxes you will get prosecuted, jailed and disowned. You see the inbalance. The state has all the weapons and enough plunderes helping him. The legislatives holds an executive and the executive must obey the laws of the legislative. And fair enough the executive is paid by the legislative and so in fact all policemen, or anyone else working for the government piles up another level of injustice. They never would see it that way because they are “obeying” the laws, and I’m in do doubt they do. But obeying laws of plunderers means, being a plunderes itself.

And unjust law is just that. And on of the most infamous plunderer laws is that government has the monopoly of issuing worthless paper money. And put force on every one to accept this as “money”. The debt is just another word for slavery. The own population has to work to buy the interest and principal and not one cent from it is beared by bureaucrats or the legistlative. Sure they pay the VAT they pay income tax. But this income tax does not come from serving any customer it just comes from “serving” the law.

And then you can see things like this:

Public Service Is a Noble Calling, Some Say

I’m sorry but everyone working for the government is not honorable, quite the opposite they all work on suppressing every men in a country.

Intermediate status

Of Inflation up to 3.1 % in the US and 2.4% in EURo land

Does not need much more to get over 4%. If that is reached you money will half it’s value in just 18 years. And still the Fed is printing money as mad. So maybe 5% is not that far away.

And again “this time isn’t different”. The deledefs are making debts as much as they can. And the only question is not IF debt must be just. How much do I have to pay for the debts.
And the stealing goes on. They get the money first and profit from non risen prices and then people realize that they got poorer day-by-day. They’ll try to get higher wages and the spiral steepens.

I’ve my opinion of what to do against this gangsters. I suggest you check raw materials, precious metals and land. Maybe the prices are coming down and you can make a deal. But be aware.
If you will have something after this ponzi scheme tumbles down. You will have to pay for the new start. So you do not just pay one buy twice, thrice….

Poverty the deledefs way

Just see the following there is a construct called relative poverty. And it’s “definition” is that those are poor which earn less than half of the average income.

So let’s see an example. Our world is simple we have 1/3 earning 1000 GE, 1/3 earning 2000 and GE 1/3 earning 3000 GE. So our average is 2000 GE and we do not have one “poor” soul.

Now the middle earners get 10 GE more so our average is now: 2003,33. And now we suddenly have 1/3 poor people. Nothing has really changed for the “less much earning parts” but still now they are considered poor. So if the average climbs for whatever reason especially if those above average earn just a cent or whatever more the poor parts raise.

Even more absurd. Imagine just one person with an earning of 6000 GE enters the scene. Suddenly there are “more” poor souls. In Germany we have absurd laws for people considered especially true. If they live divorced and the partner does not live in Germany they even get the right for a flight tickt to the other country. If you are a little above this poors and you can not afford to buy this ticket you have to stay home. The idea that this is this way does not feel “right” for most of the Germany but a few say it’s unfair to those regarded poor that they are not “unwilling” to work but just unlucky or whatever.

However the deledefs of course ride on thiis definition and take that as a permission to steal more from the not “poors”. If you can read german just type in “Armut in Deutschland” and then read the entries.

Having to think about an absolute limit on where poverty strikes, is of course a difficult undertaking. And So why bother? Just use the relative definiton and thinks turn out “brutally”. If the average income raises much more poors have to be “fed”. ….. That’s deledefs logic….

The reason vor poverty are mentioned on:
http://de.statista.com/statistik/daten/studie/182080/umfrage/meinung-zu-gesellschaftlichen-gruenden-fuer-armut/

The main reason found for 54% of the asked people is that the wages are too low.

Now this suggests an immediate answer from the deledefs the minimum wage. This means we open a new chapter in the never ending story of “How deledefs raise the poorness. Minimum wages suggest a demand for work that can not be fullfilled by the markets. And so people do start learning a certain job, just to recognise there is not “work” to be done any more. The jobs simply vanish and instead of raising wealth. We have more people unemployed, so either the tax or debt have to be increased and it all lend to a death spriral of even more unemployment. I do not know where the level is of a rate of unemployment which can be sustainable. But I doubt it’s m uch above 25%. And surely it must be well below 50%.

The problems of raising unemployment will yield an extension of bueraucrats jobs and this have to be paid by less and less productive corporation. We slide down the spiral faster and faster….
At the same time the industry is searching for skilled workers. I wonder why it is not possible for the somewhat 3 Millions jobless people here to get skilled. With minimum wages in every area the incentive to do so
will just vanish like snow in the sun……

If we see that their are less and less children nearly everywhere in developed countries we’ll find another problem that of higher unemployment and more payments to the elder generation. This gap just can be filled by immigration and that’s another very hot area, in which deledefs never ever got it right. I’m not very optimistic about the outcome. I expect that “real” poverty will raise it’s ugly had. This usually has meant war and starving in the past…..

I never will understand how people are able to think that more “regulation” will be the cure. The more the markets are hampered the worse the end effect for all will be. But they are trying this route over and over and over and over again…. I can not find another expression as “stupidity” for that….

Just a few things I found

Today. One of my sites I visit regularly is:
http://www.memeorandum.com/

Today I found this two entries:
Obama’s Medicare Appointee Has Accidental Encounter with Reality, Learns Nothing
and

http://www.nationalreview.com/articles/266028/discredited-mark-steyn

and there are at least to more entries about “sense” and “no sense” maybe one should write nonsense, but at least something funny is usually around nonsense.

The points made are the extreme prices for health care (and their raising) and well on the other hand the “debts”. And believe it or not markets are taken as “beeing” efficient will day where there is market there hardly is much inflation, but if there is state induced “social fairness” all hell breaks loose. And guess what. If anyone complains about the debts collected by government and not willing
to allow even more debts, than this one is a terrorist. You can see how far away these guys are from sanity. There is not excuse for such lies. It just shows the path we follow if we believe in
“more government” as a solution.

Fact ist government just life on the expenses of those producing wealth. And states are just there to “lower” wealth. They start with laws, bring in more an more bureaucrats and more and more regulation and more and more ineffician work. Which is just there to keep the bureaucrats busy and show to everyone how important those are. But in fact the bureaucrats live in a world of “no customer” they do not serve anyone but themselves and they influences is just destructive. But then in the TV shows some “bad” thing is shown and then the usual answer is we need more control. It would be simple to just have judges which would sentences those wrong-doers to pay for their wrong-doing. But that does not happen, theay get limits and caps and all this from bureaucrats. And there we go the more bureaucrats the more stupid “laws”. So we are circling upwards in spiral.

Reputation of the Fed

Well I just can conclude it sinks faster than ever for me.

Now they want to stick to their program of printing money. And well if you have savings you got robbed day by day, monthy by month year by year. The inflation raises (just remember:
http://mises.org/Community/blogs/fdominicus/archive/2011/02/03/my-predictions.aspx. And more an more of them are getting real

We’re not yet in the common over 4% inflation rate, but just in a few areas. The politicians start blaming whomever for “unfairness”. Especially unfair are those more successfull ones. Subsedies are paid
but do not yield the proper cash-flow. And the large corporations do whatever they can to not pay taxes (I wished everyone could afford the tax specialists of this corporations). And so the government does not get any earnings and starts printing money. With the “circle of “money””. The government issues bonds, the feds buys this bonds and the new money is spend in anything having some worse. Inflation raises and so on.

I doubt that ever in history a failure of a world champion has happened in such short time. In just 3 years the USA turns from a free system in a government controlled nightmare. They overextend their means and are now paying dearly, but currently the deledefs lovers “gain”. And I’d not be suprised to see more of them buying land. I bet they are preparing for the after-crash. And then they will claim themselves to be the “true” americans. The question is are thieves the “true” americans or aren’t they?

Maybe not all is lost at least some states remember what value means. And maybe this will save them. We just have to wait and see what the bureaucrats in washington and everywhere will do….

Next money too be burned

Now it’s Portugal.
http://citywire.co.uk/new-model-adviser/thursday-papers-portugal-appeals-for-eu-bail-out-money-and-other-news/a485095

The failout plans have not worked, do not work and never will work. It’s not a problem of too less money and credit but too much of them both. One just hase to compare the
money base expansion and output expansion. There’s too much money and so the prices start raising. Portugal has accepted and asked for too much debts and the EC countries do
not accept that. They want to provide them with more cheap money. And so the ones having taken risks (while buying bonds from portugal) will get all the money from those
having not taken any risk. So there is no relationship between taking and earning and this will lead in the end to a crash unprecedented.

Suggestions for the investor. You have two just take care of one think Sell your bonds early enough if the EC runs out of money. Till then one can buy as much bonds as one like. All the tax payers in EC guarantee your interest… So I think short runners may be quite interesting. Try to get back what the governments steal from you.