Schlagwort-Archive: US-$

Another small look back

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http://fdominicus.blogspot.com/2008/10/they-raided-successfully.html

Has anything changed or was I right on the point? In fact the debt have risen more then 6 trillions. In just 3 years.

And still the same bandits are riding and driving more and more into poverty. Is that what you US-citizens really want?

Why one would trust anyone of the candidates which have proven to keep this system running is beyond my understanding. The states is the problem and the disease, you must
get cutting it out.

Some A-s are rolling

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Now some of the too many A-s ar egone. At least for Austria, France, But imagine not for Germany.

Not that France and Austria do not deserve loosing this top-rating, but Germany had has to loose it also.

And just taking away one A is way too less. The US has increased it’s debts over 70 %. If you look into “This time is different” another 17% are lurking.
In that book they figured out bank crisis led to 87% more debt on average. Well the question of course is why do they not simply let the banks fall.

Now in the eyes of the deledefs this is a very bad idea. Because banks are holding and distributing bonds of states. And so they are “very” interested in banks which
can pick up one and/or the other billion of banks of now comes the madness, bankrupt states. And this they are all. Be it Germany, France, Greece, Italy, Portugal, China, Japan, the US.
They all have one in common they are broke.

Of course they will no admit it and you can bet it’s not the responsibility of the deledefs. Well that’s another big lie. But I guess I don’t have to tell you.

What can you do about it ? Well you still can vote, so vote wisely. All the candidates will go on with this debt spiral, but Ron Paul. If anyone will cut into the government game of thinking money I think
Ron Paul is it. Obama still does not have learned anything, and so haven’t all his advisors. We do not speak about the criminal organization for the money monopoly euphemistic named Fed. Of course no-one can hinder them
printing money, but doing so is stealing from those having saved money. Every other organization stealing is “criminal” and I don’t make a difference here. The wrong-doing of the FED is criminal. But I think you know
that I see central banks as the “central” problem. All this debts could not get that large with money as value instead of money as debt. The paper money make it easy for FED and government to
steal. Again the only one wanting to end the fed is Ron Paul.

Another thing you should consider according to von Mises the bust is the cure and the boom the disease. So trying to prolong the boom, means prolonging the disease. It’s not too less debt that is the problem. It’s a system which
just works and bredes debt. It seems they deledefs think there is a base human right for government to make debts. No it is not. It’s just stealing. There is not other word for it. States can not produce they can’t do anything to raise the
wealth of countries. The can drive countries bankrupt that’s what they surely can. Just see above. The only think states can do to not decrease wealth is going out of the way. And just watching over property rights and contracts. But states do
go beyond that they make laws that limit liabilities. So BP does not have to pay for all the destruction which it has brought over all in the Gulf while they were unable to stop the oil leakage. All this is against property rights, but they do not name it such.

Another thing you can do is: “Do not give any more credit to any governmental institution” It still is your money and you do not have to lend it to defrauders. So don’t do it please.” Let them fall for their own faults. That’s “just”.

Think about it

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even if not for all to long.

What has Obama said before he was voted? What of these things has he fullfilled?

If you find he has delivered what he promised, vote for him again. If you think he has delivered too less. Just do not vote for him. It’s everyones decision to
vote for or against some candidate.

If you think for the US for a while and see your bills of rights. Can you find your US in there?

If you think about the debts the US have, think about what will happen to you if you are that deep in debts.

If you have thought about this for a while, you may get an idea for whom to vote. Feel free to share that view with others.

“Interesting” move

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Well I guess you have heard about Greece before. If you are wise 😉 and reading this blog and/or the older one you know that I’ve made my own calculations on the sparse information one could gather. In fact the financial situation of Greece is very diffuse, but now that you know Greece still must have some Millions left:

http://www.defencegreece.com/index.php/2011/10/the-u-s-approved-to-grant-400-m1a1-abrams-to-greece/

If we assume one tank is around 1 Mio €. Well the Greece will not have to pay that they maybe even will get them for “free”. Well if you’ve read the Books of Heinlein you know “There ain’t such thing as a free lunch”. And so the Greece will “just” have to bear “maintenance costs”, “fuel cost (this tanks are not that “thirsty” “just” 10l /km) and it’s fuel the Greece Army has not used up till know (according to http://www.griechenland-blog.gr/2011/usa-bieten-griechenland-400-kampfpanzer-m1a1-abrams-an/5788/) And what did some Trojan says. I do not believe the Danaer even if the give us gifts.

So in the end it will cost them dearly. One could imaging that because of Putins “move” for a panrussion Federation the Amercians would like to have well equipped “buffers” down there. Anyway as you might know also Greece and Turkey are not “that big” friends. And imagine what’ll happen if Greece will break down (you do not believe that could happen) Well think of Argentina, it broke down and suddenly the middle classes where “gone”. So don’t say it can’t happen. It had happened it happens (currently all European deledefs but one or so) are doing anything to make us European more poverish.

And the Americans among you (at least I hope a few are there) , know what it means to live in over-debted countries. And well you middle class is also diminishing. Because neither in the US nor in the EUR zone there is something like market. The bureaucrats and deledefs make the rules and you have to obey at a point of a gun. And well because it is better that the money is in the hand of government (because of it’s great justice) they have to take it away from you..

So the moves should make you think. Why would one support other governments with more and more deadly weapons. Look at Syria, look at Lybia and you may have you answer. It could mean martial law! And if the military is at the top of government, you know war is nearly inevitable. You also know that human rights do not count much in the US any more. There still is Guantanamo there still is Abu Ghreic, there still is torture and well there is “killing” in the name of “freedom”. What freedom is “dictatorship”. So draw your own conclusion. I’m worried and it’s getting worse day-by-day.

Without doubt

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A lot of money vanished yesterday. I guess we’re talking about values at or around 2-10 trillions. How will that be changed if the EZB has bought bonds from Italy and Spain at or around 5-6 billion?

Without doubt, we can say also. Nothing has changed really maybe just the majority starts “understanding” what the central banks and states have done to our money.

I guess they start seeing that fighting problems caused by too much cheap money can not be solved with some tons of other cheap money. And to my pleasure it now hits a few nerves with central bankers, delebets and bureaucrats. I expected such kind of action some 3 years ago. But they were able to keep the impression of solidity and controllability. Everyone just knowing a bit about Austrian economics could not be surprised. I invite you to just browse through the mises blog and their associated blogs like this one. (Yes I’m not very decent) But I have written against this kind of madness right from the start of this blog and my other blot at http://fdominicus.blogspot.com.

I did not even know about the austrian school of economics as I started writing my outside Mises blog. I just keep deer what my grand-parents and parents have told me and lived. The all lived within their bounds. All other things follow from it. We are a family of savers. Nobody knows when one will need some money. And so we saved and invested “cautiously”. Along 3 years ago as they started those “failout” programs. I started to invest in gold. I opened accounts in NZ an Switzerland just go get out this EU madness, however I avoided the US as the plague. With all modesty one can say, that has served me well.

However that probably wasn’t the end. One MUST start thinking about a break-down of the western countries. I always was optimistic about out ability to learn. But the Deledefs have proven over and over again. “They simply do not get it”. That makes them extremely dangerous because they try to regain “control”. I’m not sure if that really is possible currently, but as long as they do not start acting responsible I can not see how things could turn to the better. So I expect new laws, new taxes more limits to freedom In fact I expect stupidities as laid out in “Atlas shrugged”. I wished I found the John Galt valley….

When freedom is just a 7-letter word

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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

As expected

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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?

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.

Different interpretation for unscrupulousness

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Let’s see BP chef does yachting in England. And Obama sits in his white house, blaming that BP has caused the biggest envorinmental catostrophy ever.
(Howerver we should not forget who has allowed them to exploit the oil in the gulf?, and who has the power to decide upon the to be granted security).

Ah yes it’s all that clear. The BP chef is the bad guy. And his “Royalness Obama”, oh yes he has signed the extension of the exploitation but that’s not all
he also let Amercians die in Iraque and Afghanistan. So who’s the more ruthless?

When was a President of the US ever impeached for human rights violations? Or “bending the law”?

Yes BP obviously has accepted the risks with this exploitation, and yes I can not found anything slanderous about asking all of the BP staff to pay for it.

There are a few things which show that the technical risk were either misjudged, or well may mitigated by other things. We really don’t know. Howerver what is obvious is that currently neither BP nor the US
have the technical abilities to stop this oil leak. So if they are helpless, the only conclusion one can draw is. “We can not afford to exploit in such deep waters”. Let me just remember about the Gulf war, where the Iraquis have inflamed so many bore holes. It was a catastrophy also, but the technical skills were there to seal this bore holes….

We have to conclude that disadvantages on this deep water bore holes are not yet controllable. Maybe with a bit more “fore-sight” and investing money beforehand this could have been avoided. But maybe not. Of course in retrospect a lot of people will say, it was unavoidable or was possible to prevent… But this does not help anyone yet. BP has to aquire all the knowledge they can to find a strategy stopping this leak. And instead of political pressure etc, it probalby would help much more to find experts able to help with it, and let BP but also the Politicians having decided to allow this deep water exploitations to pay for it. But I bet 1 000 000 000 : 1, that the politicians will not have to pay for it. They will use it as another lever to “aquire” more political rights. Now tell me about ruthlessness.

After a while

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I’m back. But well what has changed really. Nothing which could be considered an improvement. The raid is on it’s way. Laws written just 10 years ago broken be
deledefs. And so on. Money still is fiat-money and they try to drown the EU and US with even more cheap money. The FDP has given up any idea of liberalism, and the
most liberals have stepped down from their positions. Just 3 of the FPDler have voted against or not voted at (all, because of support for the “party”) breaking laws.

Astonishingly enough the only other votes against, breaking laws were caste by the “Linke”. Well this is the only “small” suprise, just as long as you see it
was against the “capitalistic parties”. Well I guess they would not hesittate to sign the next compulsory acquisition for banks or other “large” corporations. Or maybe they like to re-establish nationally-owned enterprises. Or any “nicecities” one is used to in dictatorhips.

Maybe this time they would be just a bit more clever and “let” people own their own stuff, but with “appropriate” taxes. Why not extra taxes as e.g they have for fuel (> 75 %)…

I’m quite sure our other parties like CDU, SDP, Greens, etc will look for such kind of “saving”. Time has taught, that expecting anything good from politicians (sorry deledefs) is a very stupid move.

So what should one write any longer, the things were written down in the past, they were rewritten in the late past and the might get rewritten in the future. But those for whom
it applied will go on with “their” way. It will be the road to perdition, burglary, black-mailing, more laws to punish the still producing work-forces….

Yes, you got it. I’m very pessimistic about the learning ability of our deledefs. They will do their best and beyond to drive us all back into misery. And if you just look into recent history you’ll see, such kind of “disruptions” won’t get away without violence. War is not unlikly, actually we’re in war. It’s politican and bureaucrats against every soul longing for freedom. Therfor I just can ask you again to harm the current governements, especially in the EU, and US as much as you possibly can. Don’t exaggerate or the will simply jail you, use the last “standing” laws as best as you can. Just start supporting “freedom” fighters….

What we really need

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is in first line stable money. Fiat-Geld has proven that it can not cope with it. Well that’s not suprise for anyone a little bit interested in “History”.
If I have the choice between two beliefs than I’d prefer always “the market” over anythin from the deledes. Just one example on how I think markets get it
“right” sooner or later. The gold price has “topped” all-times highs expressed in US-$ and EUR. And if you see a long-time chart the raising of the gold price has
started in 2006!!!! where obviously a lot of people have recogniced something’s wrong. Maybe they’ve seen the housing bubble starting I don’t know. I just started my gold carreer in
2008 after the FmStg and TARP had started. Now since 2008 the prices has doubled. Is it a bubble? Well might be, however it’s obvious that the fiat-money bubble was
inflated much faster. It seems also that the central banks are intervening to support their Fiat-money. It’s one of the surest sign that something is terrible wrong with currencies.

Unfortunatly one can expect an alliance of Politicians (deledes) and central banks to do whatever they can to disqualify the gold price. The US helds a lonely record on that.
After giving out the bound to gold they “forbid” private ownership of gold. That’s one of the most ridicolous laws ever passed to save the “defrauders” from their fate.

I’d not be suprises if they come along with something similiar in the not too far future. What can one do against it. Fortunatly there are more free countries as anything in the EU or the US.
So it probbably is a very good idea to open an account over there and put something of value in it. The choice which country to prefer is very simple. Those countries which value private
ownership the most are the favorites.