QUOTE: Solzhenitsyn on desparation

Tuesday, June 9, 2009

“You can only have power over people so long as you don’t take everything away from them. But when you’ve robbed a man of everything he’s no longer in your power – he’s free again.”

~ Aleksandr Solzhenitsyn

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WRITING: Behind Every Blade Of Grass (An Index Card Novel)

Tuesday, June 9, 2009

General Sanchez and Colonel Achmed were in fits. The invasion hadn’t gotten off to a very good start. The coordinated bio / nuclear attack had been an initial success. Biologicals — the West Nile Virus’ more virulent cousin — had decimated the population. The invasion needed to wait a week for it to die out. It was estimated that only a tenth of the population had natural resistance. The high altitude energy pulse destroyed all electronics. In that week of quarantine, all semblance of government and society was expected to collapse. There were forty similar invasion forces aligned on all four sides. Muslim, Spanish, and Chinese — all aligned to rid the world of the largest imperialist power. It had all been planned and executed without a single electronic communication. Human couriers didn’t allow the Great Satan’s “intel” in on the surprise.

The Mid Atlantic task force showed up at the appointed time and place. A small seaside beach community on an island just off the mainland. Operations began at 0800 local; delayed two hours as the fleet was waiting for an unexpected fog to lift. Such were the fortunes of war. It didn’t. The motorized landing craft began their runs. Over the dead land, the noise was unmistakable, a wake up call, and call to arms. Someone uninvited was coming.

Unbeknown to the invaders, many survivalists and prepers had planned their bug outs to go to the seaside. Fish, birds, and water. The fish could be caught to supplement; birds trapped. Seawater desalinated by sunshine. Surprisingly, while not friends, there was a modest amount of trade and mutual assistance in the week following the troubles. A rather small island had a surprisingly large number of survivors.

The fat old man was the only survivor on his block. His family, that bugged with him, were buried in the backyard. He heard the engine noise from the sea and thought of Private Ryan. He grabbed his M1A and his ammo and went to a nearby condo. He had forced the doors open scavaging earlier in the week, so it took no time to get to the third floor front, open a window slightly, and start firing at the beach. He could hear he wasn’t alone. About 30 shots in 30 minutes resulted in an anti-tank rocket ending his resistance.

The Greatest Generation had a few tricks left up their collective sleeve. A bunch of loons at the American Legion had a ceremonial howitzer. It wasn’t so ceremonial. They took out the bridge off the island. The VFW had a half-track. It didn’t run any more, but it’s machine gun did. A whole company of invaders found that assumptions about no resistance could be deadly as an 80 year old gunner and and 79 year old feeder got a whole lot of joy out of remembering an old skill.

On the beach, a General and Colonel were getting reports of fierce resistance from survivors. A woman, a child, old vets! Suicidally fighting for no good reason. Leaderless. Without hope. Individuals, pairs, small teams. Damn fog. They couldn’t risk close air in it for friendly fire. The recon found the bridges to the mainland down. That really snafued their plan. As the general signaled the withdrawal, the radio reported many similar failures. Who’d have known that urban drug gangs would turn into such fine light infantry? With automatic weapons too.

Just about that time the American Legion artillery and the VFW scouts had coordinated their efforts. It was their land after all. And, plotting a location with coordinates was a handy skill to have. A runner with a walker “ran” them back. The “location plot” team took out a few more. The American Legion howitzer sent the General and Colonel a special “Welcome to America”. A lucky shot? Devastatingly lucky! Murphy is always around. In this case, the spirit of Audey Murphy. Maybe Sargent York too. As the General lay dying, he thought back to a famous Admiral, awaking a sleeping tiger, and riflemen behind every blade of grass.

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MONEY: The Gooferment acts to preserve its monopoly on “dollars”

Friday, June 5, 2009

Dear Reader:

This is OUTRAGEOUS. Just as Sadam Hussein of Iraq learned when he suggested that oil be trade in gold, don’t mess with the US’s monopoly on the world’s reserve currency.

(Disclaimer, I think the Liberty Dollar is overpriced versus the spot price of the underlying commodity. But, maybe I don’t understand how expensive it is to mint medallions. They are cheaper than what is offered on the late night infomercials to buy “Liberian Silver” or such nonsense.)

Bernard and the Liberty Dollar folks are threatening to take the country back to Constitutional money of gold and silver. Single handedly! Interesting is they are the size of a gnat on a cow’s butt in comparison to the Federal Reserve. The “establishment” is so threatened as it has to persecute and prosecute them.

See the Establishment can NOT afford to have any one “look behind the curtain”! You might ask the question “What is a dollar?”. That question leads to the more “deadly” question — deadly to their ability to delude the people into allowing the Government have the ability to inflate — “What value does a Federal Reserve Banknote intrinsically have?”. That’s the question that puts a stake thru the heart of the vampire known as the Federal Reserve Bank. Inflation is the silent hidden tax.

(The Federal Reserve Bank is a misnomer. IT ain’t “federal”. It reserves nothing. And, it ain’t a “bank”. It is a private cartel of the elite banks run for their benefit and that of the entrenched politicians. )

(As an aside, just look at the reelection rate of incumbent politicians. And, where they are “replaced”, note that their “replacement” is a member of the opposite “major” party that follows the exact same agenda. And, you wonder why stuff doesn’t change. How can it? The elite are very content with the current system. It’s only the “unwashed” who get screwed. Repeatedly.)

So, the Federal Reserve Banknote allows the politicians to take everyone’s wealth by inflation. So they can have a “welfare / warfare” society and the sheeple don’t even known they are being shorn. In the last thirty years, the dollar has lost more than 95% of it’s purchasing power. Watch the old quiz show “Let’s Make a Deal” and see the price of a new car in the Sixties was less than 5,000 “dollars”. Why does a Government Motors car cost 50,000 now? It ain’t the same dollars. My first house cost 8,000 “dollars” when it was built in the Fifties, why is it worth 350,000 “dollars” now. Did the boards suddenly become more valuable? No, the Government money is worth less and they can’t print houses.

So, here we have the Government desperately trying to reign in the whole concept of “honest money”. There’s an old rhyme “Money has functions four: a medium, a measure, a standard, a store.” See in order to be “money”, it has to be a store of value. The Federal Reserve Banknote is: a medium of exchange (as long as the sheeple believe it to be), a measure (as long as you realize each year it’s different; imagine a measure of length getting shorter every year — giving the Government “more” land to sell), a standard (as long as you don’t mind a standard shrinking every year), and a store (where the rats in congress erode your wealth silently).

That’s why they have to surpress anything that reflects badly upon their “dollar” monopoly.

Forewarned is fore armed!

*** begin quote ***

Begin forwarded message:

From: Liberty Dollar <truth@libertydollar.org>

Date: June 5, 2009 2:35:24 AM EDT

To: reinkefj

Subject: FBI Arrests Bernard, Kevin, Sarah & Rachelle


June 2009 Vol. 11 No. 06-A

Urgent News for All Liberty Dollar Supporters!

FBI Arrests Bernard, Kevin, Sarah & Rachelle

The battle for a value based currency has began!

The last two days have been amazing! Just shortly after midnight on Tuesday, the phone started ringing and I let the answering machine take the call. But very soon there was another call… with an even more urgent message! Very quickly, a friend of Kevin Innes, explained to me that Kevin had been “detained” by the local sheriff and was being held for the FBI to arrest him! Holy Cow!! The #2 supporter for the Liberty Dollar and co-instructor at the Liberty Dollar University training sessions was in deep trouble with the Feds! I was sure to be next. But would they arrive in a few minutes or would it be a pre-dawn Nazi style assault?

Finally, I got up at 4:00 AM. I was very concerned for Kevin and wondered when the FBI would hit me. Fortunately the morning was quickly filled with a flurry of calls from Kevin’s friend, other interested parties, the usual business calls and making preparations for the inevitable knock on the door. But nobody came. Then just after noon, Niles, who’s wife, Rachelle, manages the Liberty Dollar Fulfillment Office, called to tell me that Rachelle had been picked up by the FBI at the LD Office and was due to be arraigned in just a few hours! The FBI strikes again!

Luckily, I was able to talk to Rachelle via her cell phone while the FBI was holding her. I was pleased that the FBI agents were the friendly professional types and afforded Rachelle and I quite a few minutes of private conversation. Under the circumstances, Rachelle’s demeanor and resolve was right on target. And very quickly, I learned that a warrant had been issued for my arrest. And just a quickly, Rachelle was off to court to be arraigned.

Much later in the afternoon, I learned to my surprise that three big FBI agents had arrested Sarah at work. She and Rachelle were arraigned together and quickly released to on their own recognizance (OR) before the sun set on a very eventful day for the Liberty Dollar. The quick, professional effort with Sarah and Rachelle were gratifying and encouraging. Unfortunately, I was to learn that Sarah lost her job because of this event.

By last afternoon it was clear that the Liberty Dollar would be best served by my turning myself in to the to the US Marshals, otherwise know as ‘self reporting.’ After a few calls, I found myself talking to Agent Andy (aka Agent F) who was his usual friendly, chatty self. He even recognized my voice although we had only spoken twice and that was over 18 months ago. Sure enough he confirmed that a federal arrest warrant for my arrest had been issued. And after a bit of gamesmanship with Agent Andy, I agreed to report to the US Marshal’s office in Fort Myers, Florida at 9:00 AM on Thursday morning as it was too late to be arraigned, plus an overnight in jail would have wrinkled by clothes :)

The following morning, Thursday, June 3, 2009, I actually arrived at the Marshal’s office at 8:30 due to light traffic. As the saying goes, “If you gotta do time, do federal time.” Quite simply, the federal boys are better educated, better trained and have better manners. I was immediately escorted to a holding cell. After an hour or less, I met with the Pre-Trila Service rep and made it to court at 11:00 in chains and handcuffs. The female judge was businesslike and granted my request to attend my son’s graduation in Physics from UCLA next week. After fingerprinting, signing a $50,000 Appearance Bond, one final meeting with the Pre-Indictment Service rep, I was free.

In general, the arraignment was a pleasant affair. The US Marshals did their job with very little attitude, as they should. After all, I am self reporting, and it is for anything violent, I just want to prove that I have a right to issue my own currency and if any body chooses to use it then it is a “private contract.” It is certainly not a crime.

And so it came to pass, 2009 years after the birth of Christ, that four regular Americans have taken a stand to defend the People’s right to protect themselves from a government currency that has a long and unforgiving history of stealing the people’s purchasing power. This is a test of individual rights, as protected by the Tenth Amendment. It is the deciding moment that a private voluntary barter currency (PVBC) is legal in the great United States of America. This is a test that the Liberty Dollar must and will pass, for that I have no doubt. But it will not be easy or cheap. Please, if you support our efforts, support us with any kind of money you have, including pro bono services. Now that the Liberty Dollar faces a federal criminal trial, it is the US Government v Liberty Dollar ala Bernard, Kevin, Sarah & Rachelle. Please help us win. Please help yourself win. Please help American win.

Very simply this is a Win or Lose battle. In addition to money for this legal fight we need articles that reference non-government currency, such as Air Miles as currency, legal research assistance, expert witnesses, legal assistance, etc. If you support the ideals of the Liberty Dollar, this is the time to get behind the Liberty Dollar. We critically need your help! Please send your digital info to Legal@LibertyDollar.org and your donations of value including other kinds of “currencies” to:


225 N. Stockwell Road

Evansville. Indiana. 47715

The best news is that the Liberty Dollar finally has the opportunity to prove beyond a shadow of a doubt that it is legal. Over two years ago I sued the US government for a Declaratory Judgment to resolve the legality issue. And how did they respond, they raided the Liberty Dollar and confiscated over $4 million dollars in gold, silver and cash. The US government has done everything possible to kill the Liberty Dollar! And guess what? It has not worked. The mere fact that the Liberty Dollar is still in business is a testament to your demand for Real Money and the ideals that the Liberty Dollar represents.

Thank you, thank you, thank you for your support! Trust me, the Liberty Dollar is not made up of any fat cats. We are all just regular Americans. And we all just want good money, a lot less government and no damn war!

Click HERE for a stilted Press Release by the DOJ. Its three pages with a whopper by Owen Harris, Special FBI Agent in Charlotte who said, “When groups try to replace the US dollar with coins and bills that don’t hold the same value…” WOW what a telling statement of pure spin.

Click HERE for the 13 page Indictment.

Click HERE for Sarah’s Arrest Warrant.

Guess what?! Liberty Dollar still in business and we need more business! As there has been no Cease and Desist Order, Liberty Dollar remains OPEN FOR BUSINESS. Please visit our shopping cart for all the 2009 Liberty, Peace, Freedom, T-Dollars and more. Don’t be bashful or stupid. Silver is going to the moon, just as sure as the US dollar is going to hell with your purchasing power. Now is the time to protect your purchasing with the “inflation proof” currency and help usher in a new monetary model that provides the only proven, peaceful, and profitable solution to the monetary cancer that has infected America.

OUTSTANDING ORDERS: Please rest assured that we will fill all outstanding orders. Yes, after producing a sizable amount of pre-minted Silver Libertys and finally getting current with most orders, we changed mints and are now behind again. We apologize emphatically! Poor and/or slow delivery is not acceptable business. It hurts everyone. And just when we were about to get current again we were arrested. Please continue to support us with your patience too. We promise to get every order out ASAP. But as I hope you can understand, it is a struggle to run a business, any business, in such an environment and fight a major legal battle for our right to protect our purchasing power

The last few 2009 Arrest Dollars. Are you familiar with the Arrest Dollars? Starting in 2007 and continuing through this year the Arrest Dollar is one ounce Silver Liberty that is specially hand hallmarked with a micro “handcuffs” stamp and my federally registered mintmark. Issued only from the day of the raid to today. The last few 2009 Arrest Dollars are currently on the Shopping Cart. After these are gone, they are gone to eBay for much more money.

The 2009 Tea Party Dollar (T-Dollar) is still available and we are still waiting confirmation on the shipment. We are still expecting to have the first batch order in the first 24 HOURS here for the July 4 events. The T-Dollar is still only a buck for an ounce of copper AND you can still get them for 10% discount to they $1 face value for a 100 or more. Hey, they are only a buck… you can’t go wrong. Plus every copper issue has sold out. Get these while you can and help support our legal efforts tooJ

The 2009 Silver Libertys! The backbone of the Liberty Dollar model is the one ounce .999 fine silver Lib! Just in the last few days, silver has bounced back over $16, soon the 30 day moving average will be $16 and the Liberty Dollar will Move Up again to the $50 Silver Base. PLEASE don’t be dumb and buy silver when it is high. Get it NOW!!! Sure it is not $5 per ounce any more, nor will it ever be again. $5 silver is just not possible with the government spending phony baloney fiat money like a drunken sailor. Please order silver now and protect your purchasing power and profit tomorrow!

Stay tuned to the Liberty Dollar News as we vindicate and validate the legality of the Liberty Dollar. Please take an active role in this exciting and profitable time. Don’t lose out. Get involved with the Liberty Dollar to make money, do good and have fun. I am having as much fun in my 60’s and I did in The 60’s and hope you are too.

Thanks again for your support.

Bernard von NotHaus

Monetary Architect





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GOVEROTRAGEOUS: The Gooferment; do you trust it?

Thursday, May 28, 2009


May 21, 2009
On the Anonymity of Home/Work Location Pairs

*** begin quote ***

“On the Anonymity of Home/Work Location Pairs,” by Philippe Golle and Kurt Partridge:

   Many applications benefit from user location data, but location data raises privacy concerns. Anonymization can protect privacy, but identities can sometimes be inferred from supposedly anonymous data. This paper studies a new attack on the anonymity of location data. We show that if the approximate locations of an individual’s home and workplace can both be deduced from a location trace, then the median size of the individual’s anonymity set in the U.S. working population is 1, 21 and 34,980, for locations known at the granularity of a census block, census track and county respectively. The location data of people who live and work in different regions can be re-identified even more easily. Our results show that the threat of re-identification for location data is much greater when the individual’s home and work locations can both be deduced from the data. To preserve anonymity, we offer guidance for obfuscating location traces before they are disclosed.

*** end quote ***

Bruce Schneier highlights that “anonymous data” ain’t so anonymous. AND, the Census is going to collect geo tracking data in the next census. Good bye privacy.

Who authorized the gooferment to do more than count?

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LIBERTY: Repeal the “Direct Election of Senators” aka Seventeenth Amendment

Thursday, May 21, 2009


The death of shame
Posted: May 15, 2009 1:00 am Eastern
Hal Lindsey

*** begin quote ***

Speaker Pelosi’s press conference yesterday had to rank as one of the most bizarre political implosions since Richard Nixon’s infamous “I’m not a crook” press conference in April 1974.

Pelosi called the press conference to offer her fifth separate explanation for why she never knew about the application of so-called “enhanced interrogation techniques” despite the release of CIA memos and the recollection of other participants who clearly recall her being extensively briefed.

As press conferences go, it was painful to witness. Noted one observer, if Pelosi was not lying, she deserved an Academy Award for appearing as though she were. When questioned by reporters, she actually re-read her prepared statement – several times – stumbling over it as if she were cold-reading the description of an event involving someone else.

*** end quote ***

I would attribute us to the “Direct Election of Senators” Seventeenth Amendment 1913. (The same year they created the Federal Reserve!)

Before that they were responsible to the State Legislatures and much more insulated from the public pressure. And, much more dignified!

It’s time to repeal that amendment and a few others!

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WRITING: Yes, you really should NOT gum up the works.

Tuesday, May 12, 2009

Don’t gum up the works

The drunk staggered along the street. He was dirty, smelly, and bedraggled. He bumped between parking meters and cars. Like a sad ping pong match. The police car was at the corner. Illegally parked, of course; the members of the long blue line were on doughnut break. From their “selfless” mission, protecting and serving the entrenched elite. The drunk was an equal opportunity ping pong ball. He bounced off their car, around the corner and away.


It was the death of his wife that set him off. No one much cared about him. But, then that feeling was mutual with him. He was a self-described “tin foil hat patriot”. Who would know if he was a pinhead or a patriot? Who’d much care! As long as he paid his taxes, there was much he could do. Frustratingly, he blogged. He wrote his letters. He went to demonstrations. He voted religiously. But nothing much mattered. It all came to him in an Auto Parts store. He needed replacement windshield wiper blades. A very mundane purchase. After all if was one of the last things you could do on a car without the government’s permission. The socialists had succeeded in making everything with cars either illegal, expensive, or sealed. You could put an additive in your oil; it’s damaging the planet. Gas was eight bucks a gallon, seven of which was tax; taxed like beer, treated liked drugs. The twenty two hundred dollar catalytic converter was sealed shut; the earth had to “breathe” too you know. Global warming. Remember Mother Earth. For the children. The Auto Parts store had some vintage signs as decoration. One was for an old product called Gunk Out. The slogan was: “Don’t gum up the works!”. Next to the car register were small packages of liquid epoxy designed to stick trim back on cars. Their slogan was: “It’ll never be loose again.” On an impulse, he bought five at this store. And went to another store for more.


It was the end of a quiet shift. The police pair had been “clocked out” as they drove into the station parking lot. Due to budget crises, there was an automatic badge reader that recorded their status. They just had to refill the patrol car on their own time. The city saved grazillions on the “free labor”; their union had gotten other off-budget concessions. So, their end of shift chores were “off the clock”. Fill up the tank, record the serial number of ammo returned to the armory, lock up their personal weapons until next shift, download their computers to the HQ network. All their problem. Pulling up to the gas pump, the non-driver went to pump. They switched roles each shift. Just like they’d change who was the “bad cop” in their “good cop / bad cop” routine they’d run on suspects. It was all about making their quotas. The gas tank cover wouldn’t open. They were befuddled. They tried knives. They called for help. Finally, the mechanic drilled the cover and cut it off. Four hours later, gas was flowing into their tank. Their car was put out of service for repair. They were being investigated by Internal Affairs for sabatoge. Fixing that was going to be expensive. Especially at government prices!


The next morning, the city’s 311 number was taking calls from irate citizens. There was no where to park. Every other meter on several blocks wouldn’t take money. What’s worse, if the parker ignored the problem, the automated parking meters would sense there was a car parked, that no graft was being paid to the city for that privilege, and a traffic agent was printed out a ticket automatically to be delivered to that car. Maybe it even got there. On some of the newer meters, it would also read the license plate, and mail a three day violation notice to the registered owner. After three days, if the $125 fine was not paid, their license and registration was suspended automatically. After seven days, a collection agency was engaged. After fourteen days, an arrest warrant was issued. All automagically. The older meters still relied on the Civil Servants to eventually get the paperwork where it should be. The law was written for the new meters. May take years but everyone would be penalized in due time. There’d be arrests for eons based on the old tickets; no statue of limitations and no requirement that tickets be done promptly by the government. But, no such “grace period” for the rabble. It was making pinheads into patriots everywhere in society. It was hard to be uninvolved. Everyone was getting into the act!


It really wasn’t so bad. They were doing OK until the internet got the story. They had suppressed the press from reporting. They were the lapdogs of the politicians. But, eventually, six days later, the blogosphere erupted with the news. Enraged bloggers caught in the mess screamed to Holy Heaven. The the patriot bloggers picked it up. Then the outlawed bittorrenters distributed pointers to how it was done. All sorts of glue sold out in a few days. Then the fun really began. Finally way to late, wweks later, the government suspended the sale of all glue. It was more heavily regulated than guns.


Eventually government ceased to function. Society thrived. But government was “glued” solid. Unmovable. Yes, it was a little inconvenient to get around the “road blocks”. But it was funny to see the mayor’s limo encased in epoxy!


Yes, you really should NOT gum up the works.

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[NOTE: This is Johnathan Swift satire, you should NOT do this!]

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MONEY: Watch an old quizz show

Sunday, May 3, 2009

Just for an “economics lesson”, watch an old “Let’s Make A Deal” on Game Show Network. Pick any episode. They’re all from the Sixities. Watch for the final prize giveaway. It’s usually a car. Guess the price?

A beautiful Buick LeSabre. Base price 3,000 dollars.

Different dollars!

It makes you laugh!

But, it should make us all cry.

Some store of value.

In 40 years, will people be looking back wistfully about what a dollar could buy!

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RANT: Pelosi seeks to divert attention!

Thursday, April 30, 2009


Pelosi Wall Street Probe Follows Pecora After Crash (Update1)
By Mark Pittman and Laura Litvan

*** begin quote ***

April 21 (Bloomberg) — Wall Street may be heading for the deepest investigation of its practices since a congressional panel’s probe of abuses following the 1929 stock market crash.

House Speaker Nancy Pelosi plans to push for a comprehensive inquiry, saying that three-quarters of Americans want to know what led to the bankruptcy of Lehman Brothers Holdings Inc. and the collapse of Bear Stearns Cos. and Merrill Lynch & Co. She favors one patterned after Senate Banking Committee hearings led by Ferdinand Pecora starting in 1933, according to her spokesman, Nadeam Elshami.

*** end quote ***

And who investigates Congress?

Because, imho, “their fingerprints” are all over this mess — Dodd, Franks, Pelosi, and Reid!

Bush doesn’t escape clean, but they did block him.

The SEC, FTC, FDIC, and the Justice Department could have “blown the whistle”.

There’s enough blame to go around, but Pelosi is seeking to once again divert attention from her own troubles and that of her fellow congress critters.

Throw them all out!

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GOVEROTRAGEOUS: Youth propaganda camps train future prisoners

Monday, April 27, 2009


Obama’s Hypocrisy on School Vouchers
The “most ethical” administration turns its back on principle to pay off the teachers’ unions
Shikha Dalmia | April 20, 2009

*** begin quote ***

Four: The most blatant hypocrisy involves Obama’s personal parental decisions. He chose to send his own daughters to Sidwell Friends, a private school among D.C.’s most exclusive institutions whose annual tuition runs around $30,000. If he felt so strongly that offering children an exit route would stymie the reform of public schools, then why not put his own daughters in one? Jimmy Carter did. This would not only please unions—prompting them to open up their war chest even more in the next elections—but also signal his resolve about reform. If he didn’t, that’s presumably because his daughters’ futures are too precious to be sacrificed on the altar of politics. But, evidently, the futures of other children are not.

Incidentally, among the children who will have to return to public school once this program is scrapped are two of his daughter’s schoolmates, who were using their vouchers to attend Sidwell. It’s sad that Obama’s message of hope and change doesn’t include children like them.

*** end quote ***

Please, why would the poor minorities expect anything form a politician.

The Sidwell decision was a foregone conclusion.

No, one only has to go back to Prussia in pre-WW1 Germany to figure out why “skrools” produce the results they do. The system was designed to create factory workers and cannon fodder. The elites don’t send their children to these schools; they are destined to be the “future leaders”.

Now, we have to ask these “elite”: “Why do we need factory workers and cannon fodder?”.

Guess that’s what the drug war and abortions are for.

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MONEY: “Counterfeit” money

Monday, April 27, 2009


Demand for Gold is in Mint Condition
By The Mogambo Guru

*** begin quote ***

04/20/09 Tampa Bay, Florida MoneyNews.Newsmax.com had the interesting headline “Mints Rush to Meet Gold Coin Demand.” It starts off with a blockbuster statement, namely that the world is in “crisis mode”. In fact, a report by The Independent in the United Kingdom notes, “With the world economy now in crisis mode, gold coin production is rising” all over the place, with the result that, “As investor appetite for gold increases worldwide, nations which mint coins of the precious metal have hiked production to satisfy the growing demand.”

In fact, demand for gold is so high that “Sales in the United States of the one-ounce gold American Eagle coin, minted from gold bullion, soared more than 400 percent in 2008 over previous sales to 710,000 ounces” which seems like a lot until you remember that the gold mines of the world produce about 80 million ounces of new gold per year, and so 710,000 ounces ain’t really squat, in the Big Scheme Of Things (BSOT).

Even so, a spokesperson for the U.S. Mint said, “Demand for gold and silver has been unprecedented”, although you would hardly know it from my field research, where I randomly accost people on the street and ask them, “Hey! You! Are you buying and/or holding large quantities of gold as a defense against the ruinous inflation in prices that your own stupid government is causing by deficit-spending almost $2 trillion this year alone, when the GDP of the Whole Freaking Country (WFC) is only about $14 trillion, or are you some kind of moron that can’t even answer a simple question?”

*** end quote ***

Hard to imagine how this “train wreck” in Washington is going to result in anything good for the common people. Many of the economists, who profess the Austrian School, know that without gold as money, the “Sovereign” (i.e., the King in the old days; the FED today) will debase the “currency” to the detriment of The People.

Go to the Smithsonian. See the Smithsonian exhibit of French Franc throughout history. From the hockey puck of gold from Louis 1 to the paper thin collar button of Louis XVII! It’s a visual of what every gooferment does with its power to define money for us.

We, The People, need to define for ourselves what money is. And it needs to be anchor is a value that can’t be “counterfeited” by any “Sovereign”!

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LIBERTY: The Betsy Ross flag

Saturday, April 25, 2009



How We Can Win the Second American Revolution Without Firing a Shot

Written by James Ostrowski on April 15, 2009 – 8:41 pm -

How We Can Win the Second American Revolution Without Firing a Shot

A Tea Party Manifesto

by James Ostrowski

Ladies and Gentlemen

*** begin quote ***

To sum up, here’s a 12-step program for how you can start to restore the American Republic.

1. Decide that you’ve had enough. You want to do something to reverse America’s economic collapse. That something is nothing less than restoring the American republic. America’s problems of today were caused by the abandonment of that Republic slowly over a long period of time. Pledge allegiance to the principles of the American Revolution.

2. Write a letter to your family, friends and neighbors declaring your support for restoring the American Republic.

3. Invite them to a meeting.

4. Educate yourself on American history, politics and economics.

5. Hold the meeting and explain to them what you have learned and urge them to do the same and then hold their own meeting with their own social circle.

6. Display the symbol of the restoration of the republic, the Betsy Ross flag.

7. Patronize businesses that display this flag.

8. Boycott businesses that bankroll the political class.

9. Educate yourself on the rights of jurors. If you are called for jury duty, understand that the founding fathers designed the system as a check on government power. Remember that when you are in the jury room deliberating.

10. Patronize books, blogs, websites, newspapers, magazines, think tanks, and political groups that were right about the economic collapse. Mises.org., IlanaMercer.com and others. See our page for a complete list.

11. For political activism, join an existing Patriot group. Don’t reinvent the wheel. See our page for recommended groups. While I believe that politics is not our best field of battle at the moment, as our movement grows, we will soon be able to launch a successful frontal assault on the political class.

12. Follow these websites for continuing developments:




*** end quote ***

LIBERTY: Who will be the “minutemen”?

Friday, April 24, 2009


Are You Kidding Me?
by Don Cooper

*** begin quote ***

Where have all the heroes gone? Where are all the pioneers? Where are the visionaries? Where are the true statesmen? Where are the defenders of freedom? What has happened to the American Spirit of life and liberty? I guess they’re all at the mall or Starbucks and are too fat to get up out of their chair and fight. Or they’re looking forward to retirement and the “good life” after spending their life being a good soldier and playing by the rules and saving for the “golden years” while their real golden years of youth were passing them by. Certainly they can’t be asked to risk all that for something as silly as their children’s futures. How selfish of me.

Or maybe we don’t want to risk our children’s well-being now, so we defer it until they’re adults and let them deal with the fact that they can’t afford college or health care or a home without going into enormous debt and we never teach them the importance of things like: character, honor, integrity, truth and freedom but rather teach them how to live in fear and how important it is to get a “good job” and play by the rules and to go along to get along and that will be safe.

We’re pathetic.

*** end quote ***

We ARE pathetic.

Who will be our minutemen that assemble on the town green and say to the “King’s troops”: “NO!”?

With a mix of rifles and pitchforks, who drives the thugs out of the “capitals”?

Or do we just pray that the “chains” lay lightly?


# # # # #

RANT: The real asto turf was the anti-war movement opposing Bush!

Friday, April 24, 2009


April 20, 2009 Issue
The American Conservative
Peace Out   
With Obama in office, liberals learn to love war.
By Justin Raimondo

*** begin quote ***

The antiwar rally at the University of Iowa was sparsely attended. The below 30 degree weather might have had something to do with it, but Paul Street, a local writer and one of the speakers, had another theory, as the Daily Iowan reported:

Before the crowd of fewer than 20, Street questioned why the ‘left’ locals and university officials aren’t doing more to help in the protests against the war. ‘The big truth right now, whether this town’s missing-in-action progressives get it or not, is that we need to fight the rich, not their wars,’ he said, citing big corporations for wasting their technology and funding on war.

The big truth is that the antiwar movement has largely collapsed in the face of Barack Obama’s victory: the massive antiwar marches that were a feature of the Bush years are a thing of the past. Those ostensibly antiwar organizations that did so much to agitate against the Iraq War have now fallen into line behind their commander in chief and are simply awaiting orders.

*** end quote ***

So, we now have DEMONSTRATED evidence that all the supposedly anti-war zealots were merely the liberal Democrats campaigning for their guy.

In this blog and on boards everywhere, I was pounded for saying that Ron Paul was the only true anti-war candidate.

All us little L libertarians are truly anti-war. Anti-aggression. Not defenseless! But pragmatic. MYOB and live and let live.

Maybe Justing is correct and Af-Pak will be Obama’s VietNam.

(Notice how the mainstream media has stopped reporting casualties. As an old vet, I watch good young men and women pour their life’s blood out for this mistake. Liek the other mistakes. How many have to die before the fathers and mothers in this country stand up and say “NO!”. Ron Paul would have done that.)

It just makes me sad!

And, mad!

# # # # #

FUN: You May Be A Terrorist!

Monday, April 20, 2009



Why doesn’t this surprise me?!

# # # # #

WRITING: It Was So Cold (A complete one paragraph story)

Friday, April 17, 2009

It was cold. So cold. He’d never been so cold. The heat in the house was set to 40. People had to fend for themselves, but the pipes had to be kept from freezing. How many decades had they struggled? He mused as his body tried to warm the bed and blankets. More than two. The “carbon tax” to prevent “global warming” was the event that had started them down a road to “hell frozen over”. But, other things had set the stage. Even the children and grandchildren were impoverished. They all lived with him. He wept. More than a decade ago, his proud son was beaten by “the economy” and came home to live. The son brought his wife and three children. Couldn’t earn enough to feed everyone; never mind shelter, clothe, or anything else. There was no work. Debt crushed that once proud son and bankruptcy left them nothing. For awhile, it was OK. There was enough work from time to time to pay the bills. But “the economy” was in a death spiral. On their little plot of land, they resurrected a “victory garden”. Some victory. Not much of a garden. He and his wife moved to the first smallest bedroom so that the five refugees could have the largest room. At the time, he groused at his sainted wife that “it was temporary” and “we could take the second larger room”. Her response was: “I see worse times ahead.” That scared him. He began to take some modest steps for “worse times”. Cut the cable. Watch expenses like a hawk. Sell stuff. Hide other stuff. The polictics of “soak the rich” sounded too much like class warfare of the Nazis and Communists. He knew from a survivor of the Shoah and another from Cambodia where that led. He hid some stuff. Above the refrigerator coils. In clocks and appliances. Curtain rods. Nothing paper. He acquired some unpapered assets. Anything with a paper trail would be lost. An abandoned prized car in the backyard covered a multitude of metal detectable “sins”. As “the economy” worsened, his daughter and once proud son-in-law arrived with their three kids to take the middle small but larger bedroom. Again for a while it was OK. The taxes were oppressive. But when you have no income, there were no income taxes. Corporations were heavily taxed to make it up and they raised their prices. So people, who had nothing, paid the taxes hidden in products or went without. There was a a lot of going without. “Global warming” need to be fought more. Despite the ever colder winters and quick cool summers. No one told the king he had no clothes. The rich left for Europe and other destinations. Taking their wealth with them. They had no allegiance to a Titanic that was going down. Despite their particular part in the political lunacy that led to the sinking. They were cheerleaders in the hysteria! Hollywood “celebrities” left if they could, but there was nobody with any money for “art”. Their Sodom and Gomorrah wound down to drugs and prostitution. Just like the whores and grifters, we always knew they were, but were btoo blind to see. “Sports celebrities” fared even worse. Without any attendance, teams folded. Millionaire third baseman, quarterbacks, and dribblers were flushed into the toilet bowl with ordinary people. In some ways, he was “lucky”. During one of the many crisises, he bought a low emission vehicle, so they had a car. It was a modest profit center. They could get to the store, the doctor, or to work if there was any. Six adults and one neighborhood sharing one car made scheduling a nightmare. But survivors cooperated. It was a life raft. There were plenty of cars around. Just none that were “road worthy” according to the government. “Global warming” had ruled all the non low emission models off the roads. For the children, of course. That and the price of gas was in the three digits. Yes, OPEC had finally made an oil based currency and the American dollar was a stone around their neck. American “national debt” ensured the dive to civilization’s history book as a footnote about the American experiment with “liberty”. In every tragedy, some do well. The politicians were always “saving us”. Funny how they seemed to always have government transportation, food, and lodging. So too, the bureaucrats that served them, with their paychecks and gold plated pensions, did well. And, the toadies and hangers on, who lunched at the ever declining public trough. This was all not without some unpleasantness. The various “disturbances”, that the servile media did have to report, were always crushed. One could see nearby cities on fire. The prisons were overcrowded with all sorts of economic, drug, and other non-violent crime. “Hoarding” became a capital crime. As was non-payment of taxes. Unless you were politically connected. For public safety, all the guns were collected. Not us “public”; the “public servants” weren’t very safe! The howling of the NRA, GOA, and honest men were to no avail. Of course, if you can’t keep guns and drugs out of prisons, then the collection wasn’t very complete. It amused him. The thugs came a searched the house and seized his registered guns, a few gold coins, and what they called “extra food”. But as with most things done by government, they did NOT find the unregistered guns, the various stashes of gold and silver, and the caches of food. One neighbor was pointing out stuff for the thugs. A week later, he took care of that Quisling. And, his family. That was the end of snitching. A twenty two to the back of heads was a necessary ‘rodent elimination” project. He was not alone in the clean up effort. Anyone in the neighborhood who worked for the Government often met a similar fate when the employer was identified. Live too high on the hog and it was obvious where your bacon was coming from. And, of course, wretches, who had even less, came to prey on them as wealthy. He’d had learned a lesson from Western farmers. The men of the neighborhood watched out for their own. On any given day, half the folk slept for their night watch. In a way, it was, in a way, a modest profit making activity. These modern day looters were often packing heat and carrying treasure from an earlier heist. They no longer had need for it as they went to their eternal repose in the fields, cisterns, or abandoned cars. Shoot, shovel, and shut up was the “standing order”. Yes, it was hard times. And, hard men had starving families. He worried for his family as he aged. The wife passed. And he aged. His pensions, modest social security, welfare, and his “hidings” were the sustenance that kept them alive. The churches and poverty pantries had long since given their last. Welfare was a joke. They were wealthy, because they had a place to live. Civil unrest was even decimating the police and bureaucrats. He limited what he ate because there really wasn’t enough to go around. And, he’d heard that low calorie diets made you live longer. They needed him as a “cash cow” to live forever. Each day, with each child, he walk once around the block. Exercise was good for a long life. He listened to the child and then would tell them of the “good old days”. Gas, food, and fun was abundant through out the land. But there was a cancer in men’s minds that blinded them to the threat that their fellow man presented. It was a long walk. And getting longer. Or was he going slower. And, the children getting bigger. Homeschooling in addition to government schooling. There was not much to do on the cold dark nights. Electric was too valuable to waste on anything as frivolous as TV. The end of daylight signaled bedtime. At least a bed full of bodies was warm. He, of course, was alone, in that smallest of bedrooms. What would become of his family when the “cow” died? It was so cold. He fell asleep crying: “Noooo”!

# # # # #

RANT: “Plastic pitchforks”? DOn’t think so.

Thursday, April 16, 2009


Wednesday, April 15, 2009
Astroturf, Part 2
Hank Kalet

*** begin quote ***

Thomas Frank knows about Republicans and populism.


*** end quote ***


“Plastic pitchforks”?

I don’t think so. Admittedly I don’t know. It too could be another gigantic conspiracy.

But, I think not. For the first time in American history, the current generation in power is seeing — a lower standard of living for the next one, a dumbing down of “graduates”, and a net loss in their savings and earning power.

It makes me mad. It makes them mad. And, it scares the dickens out of everyone.

The political class, instead of providing leadership, has run around like chicken little spending money we don’t have to feather their own nests, reward their friends, and punish their enemies. Once again, the rich and powerful had their losses made good from the public treasury. Little people lost their 401ks and became the butt of late night comedian jokes about 201ks. At least, they noticed.

And don’t forget employment. We’ve gone from the 50’s America where it was possible for a high school student to earn a living wage on one salary to now, where to wage earners is barely enough to pay the taxes and stay solvent. Never mind live comfortably.


I don’t think so.

And, it flows back into huge gooferments that suck up money like a vacuum cleaner. With bureaucrats that whine about 5 and 10% annual raises, lifetime health care, and artificially fattened pensions for their “lifetime” of “service”.

I think the “tea parties” are the undercurrent of political unrest that will make VietNam look like a walk in the park.

imho, but then I’m just one of those extremist vet that Nepaolitano and our version of the SS — Homeland Security — is watching out for. Got news for them, they could see a problem until it bites US in the A double Q!

# # # # #

INTERESTING: Carla Howell delivered this speech on April 15, 2009 at the TEA Party Event in Boston

Thursday, April 16, 2009

The Forgotten Truth About the Original Boston Tea Party -
and Why We Desperately Need It Today
Written by Carla Howell and Michael Cloud

Carla Howell delivered this speech on April 15, 2009 at the TEA Party Event in Boston:

*** begin quote ***   

“I did NOT come here to Protest.

“I did NOT come here to try to change the minds of Democratic or Republican officeholders in Washington – or on Beacon Hill.

“I came here to change politics in America – just like the American Patriots who gave us the first Boston Tea Party.

“The Original Boston Tea Party was NOT a Protest.

“Let me say that again: the Original Boston Tea Party was NOT a Protest.

“The Patriots did NOT just hold up signs, give speeches, and complain.

“The Patriots stopped British ships from unloading Monopoly British Tea – their version of AIG.

“The American Patriots blocked the collection of taxes.

“That is why the Boston Tea Party mattered – and why we remember it today.

“Because it was direct political action, not just protest.

“And it was action that made government smaller.

“Those great American Patriots realized that what they said and what they wrote – changed nothing.

“But action changes everything.

“Not just any action. Action that shrinks Big Government.

“They were right!

“Deeds, NOT just words.

“Direct political action, NOT just protest.

“Action that moves us forward, that moves us closer to small government – NOT the no-win strategy of holding the line, or just opposing more Big Government.

“This is the lesson of the first Boston Tea Party.

“Now it is our turn to live the lesson.

“Let me ask you a few questions.

“Do you believe that the Wall Street bailout is insane?

“Do you believe that the massive federal government borrowing is hurting your business and your family?

“Do you believe that government is too big?

“Do you believe government debt is too high?

“Do you believe government spending is too high?

“Do you believe taxes are too high?

“Now let me ask you the questions inspired by the Original Boston Tea Party:

“Are YOU willing to take political action?

“Are YOU willing to END the Big Government Insanity – and start voting to make government smaller than it is today?

“Are YOU willing to vote against every Big Government candidate – in every election?

“Now here’s the really hard question: Are you willing to vote against them even when you hate the other Big Government candidate more?

“Are you willing to vote FOR small government candidates and FOR small government ballot initiatives?

“Most political candidates who tell you they’re against Big Government, who tell you they are for ‘smaller government’ talk your way — and vote the opposite. They vote for tax increases, debt increases, spending increases, and more Big Government programs. They vote for each year’s higher government spending. Their votes raise your taxes.

“The only way we can protect ourselves against these phonies and fakers is to ASSUME THAT EVERY ELECTED OFFICIAL IN AMERICA IS GUILTY OF VOTING BIG GOVERNMENT – UNTIL OR UNLESS HE PROVES HIMSELF INNOCENT by showing you his voting record. By proving to you that he voted small government while in office.

“Are you willing to vote against every officeholder who refuses to show you their voting record?

“To reclaim the American Dream, we must vote out every Big Government officeholder in our federal, state, and local governments. Every one. Democrat AND Republican.

“But we must NOT stop there.

“We must vote FOR candidates who campaign for, promise, and vote to reduce and remove today’s Big Government social and economic programs – and GIVE BACK EVERY DOLLAR SAVED TO THE TAXPAYERS.

“We must vote for candidates who campaign for, promise, and vote to reduce and END government borrowing, reduce and remove government overspending and waste. Starting now. Small government candidates who will give back every dollar saved to the taxpayers.

“We must vote for small government candidates.

“We must vote FOR ballot initiatives that shrink Big Government.

“Candidates and ballot initiatives that cut orend taxes.

“Candidates and ballot initiatives that drive down today’s Big Government spending.

“Just protesting Big Government will nevergive us what we want. Voting against Big Government will. Voting FOR Small Government will.

“Every Election. Every time. No exceptions. No excuses.

“This is the ONLY way we can fulfill the promise of the Original Boston Tea Party.

“I’m Carla Howell. I head the Center For Small Government. We’re on your side. Please join us.

“Because ‘small government is possible’.”

# – # – #

I’m proud to be of some modest assistance to a modern america freedom fighter. And, I’ve taken the Small Government Pledge.


Have you?

# # # # #


MONEY: Obama’s “Bailout Bonds”

Friday, April 10, 2009


Bailout Bonds?
by Llewellyn H. Rockwell, Jr.

*** begin quote ***

The Obama administration is cajoling investment companies to create bailout bonds. These would be similar to the bonds that wartime presidents created to find sucker-investors for their wars. Americans were browbeaten into buying them as a patriotic duty. So too those who say “yes, we can” to the bailouts will be asked to do their patriotic duty, and buy the debt of loser companies.

It’s all part of the war on depression, which is destined to be as successful as the war on drugs. But, hey, if it is a good investment, why not buy bailout bonds? Well, there’s a problem. The bonds represent credit extended to companies and projects that are proven market failures. Creating these bonds is a way of institutionalizing the principle of buying low and selling lower.

*** end quote ***

# – # – #

An even MORE important point is who’s going to buy ANY of the US Gooferment debt?

When the pundits say ONE or TWO Trillion Dollar Deficit, (that means they haven’t or can’t tax it to zero), there are really only TWO choices: INFLATION to monetize the debt (A fancy way to say “we’re going to screw everyone who hold dollars”; that’s why the Chinese with their 5T$ are upset. Inflation is a tax on every dollar that currently exists. How many do you have?) —-OR—- BORROW it. (The Treasury issue notes and bonds, basically IOUs, to folk who think they might get their money back with interest.

Who’s going to buy 2T$ worth of debt?

Not the unemployed. Not the “scared money”. Not the Chinese. Not the retirees who have taken a 50% haircut in the market. Not those with 401ks and IRA that have taken the same haircut or worse.

Who else has savings to loan Uncle Sam?

Watch for the interest rates to rise. See bond buyers KNOW their biggest risk is inflation. For those of us who lived thru the Carter Stagflation, we remember the Treasury couldn’t sell 15% tbills because price inflation was running 20%. History WILL repeat itself.

Gold and silver. Gold and silver.

# # # # #

RANT: How do I acquire this “moral obligation”?

Thursday, April 9, 2009


The moral dilemma of today’s statists
A Minority View Walter Williams
Posted: April 01, 2009

*** begin quote ***

There is neither moral justification nor constitutional authority for what amounts to legalized theft. This is not an argument against paying taxes. We all have a moral obligation to pay our share of the constitutionally mandated and enumerated functions of the federal government.

*** end quote ***

Unfortunately, I have to disagree with Professor Williams. I’m even further out on the Libertarian spectrum form him. I can refute his “moral obligation” with two words:

“Lysander Spooner”!

How is it I’m bound by what the DOWGs wrote before I was ever born?

And, that assumes that the Constitution in some way binds the gang in the District of Corruption!


# # # # #

GOVEROTRAGEOUS: The Gooferment refuses to TARP repayment

Tuesday, April 7, 2009


   * APRIL 4, 2009

Obama Wants to Control the Banks
There’s a reason he refuses to accept repayment of TARP money.

*** begin quote ***

I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn’t much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street’s black hole. So why no cheering as the cash comes back?

My answer: The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. And for this intensely political president, mere influence is not enough. The White House wants to tell ‘em what to do. Control. Direct. Command.

It is not for nothing that rage has been turned on those wicked financiers. The banks are at the core of the administration’s thrust: By managing the money, government can steer the whole economy even more firmly down the left fork in the road.

{Extraneous Deleted}

*** end quote ***

It’s all about taking the county socialist. He was rated the 100% liberal senator. He has no other skill than manipulation.

We will never recover from this enormous debt he’s putting on our posterity.

Like Lincoln, Wilson, FDR, Johnson, and Clinton, he’s taking us where we can’t get back from.

The American Experiment has failed.

Where will the new Revolution arise from?

When do the People again take to the barricades to fight for Freedom and Liberty?

Obama made a joke or threat to the Bankers saying “I am the only think between you and the pitchforks.” I’d take care Mister Politician. When the People get out the pitchforks as few of us my come after the Politicians and not the Bankers.

Beware the Devil’s bargain. And, the gooferment is that devil.

# # # # #

RANT: Obama’s False Choice; put us all on a plantation or a death camp!

Monday, April 6, 2009


Obama’s False Choice
By Mark Steyn

*** begin quote ***

His plan to reduce tax deductions for charitable giving, for example, is not intended primarily to raise revenue, but to advance government as the distributor of largesse and diminish alternative sources of societal organization, such as civic groups. Likewise, his big plans for socialized health care, a green economy, universal college education: They’re about extending the reach of the state.

*** end quote ***

It is hard to imagine Obama’s vision.

Charity by the government; think the welfare office.

Socialized heath care; think the VA killing vets.

Green economy; massive regulation of every facet of our lives to be “green”.

Universal College education; close the parochial schools and everyone is taught the “religion” of big gooferment.

Sad future!

Hard to see how this is avoided without pain, death, and a revolt!

# # # # #

INTERESTING: Obama’s White House play book

Thursday, April 2, 2009


The President Is ‘Keeping Score’
Chicago politics has moved into the White House.

*** begin quote ***

Alinsky’s 1971 book, “Rules for Radicals,” is a favorite of the Obamas. Michele Obama quoted it at the Democratic Convention. One Alinsky tactic is to “Pick the target, freeze it, personalize it, and polarize it.” That’s what the White House did in targeting Rush Limbaugh, Rick Santelli and Jim Cramer. (The president’s press secretary, Robert Gibbs, went so far as to lash all three from the White House press podium.) It may also explain Mr. Obama’s comments to Mr. DeFazio.

*** end quote ***

It’s the same old tired politics as usual. The Big Government D’s took over from the Big Government R’s and are spending our posterity into servitude. And, they don’t realize it.

But we old farts should and resist.

Guess that will put me on an enemies list somewhere.

I hate all the politicians.

# # # # #

INTERESTING: Counterfeit aka fiat money messes up all calculations

Thursday, April 2, 2009


Would Cleansing Banks’ Balance Sheets Kick-start the US Economy?
by Frank Shostak

*** begin quote ***

Again, note that what makes the lending possible here is not money but the saved consumer goods. Money just serves here as a facilitator. Or we can say that the act of lending here is about the transfer of final consumer goods from lender to a borrower with the help of money.

The essence of credit will not be altered by the introduction of banks. Instead of lending money directly, John could now engage in lending through the intermediary. (John transfers his money to the bank. The bank lends the money to a borrower.)

Real savings determines the size of credit. What people really want is real stuff, i.e., real savings and not money as such. Hence, as long as banks facilitate credit that is fully backed by real savings, they should be seen as the agents in the transmission of wealth.

*** end quote ***

(Disclaimer: I’m an injineer that got D’s in economics.)

This little morality play about savings misses three factors that I think are significant.

The theft of money by inflation. It in effect “steals” from every dollar holder and acts as a hidden tax.

The interest rate controlled by the central bank “taxes” savings both when the rate is too high and too low.

The baker and all who consume bread are forced to “save” by virtue of these taxes.

When money is debased, all economic calculations are done with a “broken calculator”.


As I said I’m just a dumb old injineer!

# # # # #

POLITICAL: Signs of revolution from the little people

Thursday, April 2, 2009


State of Revolution
Posted by Jack Hunter on March 23, 2009
The national movement for state sovereignty

*** begin quote ***

For now, states’ rights legislation promises to remain symbolic, unless actions by the Obama administration pushes state legislatures toward more radical methods of circumventing federal power—or high profile, mainstream conservatives finally rally the troops by promoting what could potentially be the most serious right-wing resistance against the state in recent memory. Given Conservatism Inc.‘s current track record, we’re likely to see much worse from Obama before we ever get anything useful out of them. And states’ rights-minded legislators, with no support from their national party or allegedly sympathetic “conservative” media, will be left to defend themselves and their constituents as little more than hyperbolic Confederate retreads, two steps from “shooting at the Park Service guys out at Fort Sumter” and one-step from the loony bin—for even daring to question the legitimacy of the omnipotent modern state.

*** end quote ***

At some point, how does the “Third American Revolution” start?

Collapse of the dollar? Civil unrest? Non-violent non-cooperation? In the Jury Box? Tax revolt?

Or, does the slave merely set down their burden and refuse to pick it up.

Do the “rich” just throttle back on their earnings. Retire early. Or just “give up”?

# # # # #

RANT: A failure of leadership — O on GM!

Monday, March 30, 2009

from The Wall Street Journal

*** begin quote ***

President Barack Obama blamed leadership failures in Washington, D.C., and Detroit as a key factor in the auto industry’s decline, as he called on General Motors and Chrysler to come up with better restructuring plans.

In prepared remarks Monday, Obama said, “The pain being felt in places that rely on our auto industry is not the fault of our workers… And it is not the fault of all the families and communities that supported manufacturing plants throughout the generations… Rather, it is a failure of leadership.”

The remarks came as Obama moved to impose hard-nosed, sweeping restructuring measures on GM and Chrysler, including the ouster of GM’s Wagoner.

*** end quote ***

So the money that was put into GM for the American Taxpayer went down a rathole.

And, Obama is going to run GM?

Levine on ABC has a great rant I’m going to try and find it.

Isn’t anyone upset that Obama is now running GM? Doesn’t it remind anyone of Hitler’s fascism? And, what bout the budget and spending. You youngsters are being robbed blind. And, who do they think is going to buy all this debt? It’s trillions and trillions of dollars. We’ll be in debt forever!

# # # # #

RANT: Obama invited to speak at Notre Dame

Tuesday, March 24, 2009

Dear CatholicVote.org Member,

Like many of you, we received the news last Friday that President Barack Obama will deliver the commencement address at the University of Notre Dame this May.

In addition to delivering the address, the President will receive an honorary doctor of laws degree. In short, one of our nation’s premier Catholic institutions will honor the President, and hold out him as an example to its students as someone worthy of emulation!

Given President Obama’s utterly shameful record on life, how could a Catholic university honor him?

The University could have politely and quietly told the White House that their standing invitation to the President of the United States was not available this year. Better yet, they could have said that while they would welcome his contributions to the public debate over how to solve our economic crisis, his regrettable policies in favor of a culture of death make it impossible for them to welcome him.

Notre Dame has regrettably hosted pro-abortion speakers in the past, but President Obama is a champion of the abortion cause.

Sadly, it is now indisputable that our President has become the world’s leading promoter of abortion, embryo-killing cloning and research, taxpayer-funded abortion, and a vigorous opponent of conscience protections for medical professionals. His campaign promises to find ‘common ground’ have sadly been ignored, or perhaps were simply lies. And this Administration has only just begun.

Is there anything a president could do that would disqualify him or her from delivering such a prestigious address?

If there is such a threshold, Barack Obama has not disqualified himself with Notre Dame officials.

And so we must act.

We have spoken with professors, students, and leaders at Notre Dame over the past 48 hours and have concluded that a massive protest will be practically difficult, and even counterproductive. The University has a right as a private school to prevent all protestors from entering campus, and could legally arrest those who violate this rule. Secondly, a protest could create exactly the wrong impression.

Therefore, we are recommending four courses of action.

1) CatholicVote.org has partnered with the Cardinal Newman Society, a dynamic organization dedicated to the renewal of Catholic higher education in establishingwww.NotreDameScandal.com. Together our aim is to collect thousands of signatures and present them to University officials.  Sign the petition now.

2) Contact Notre Dame and charitably express your outrage. CatholicVote.org is large enough to have a major impact, and we urge you to contact Notre Dame President Father Jenkins at (574) 631-5000.

3) Join your fellow CatholicVote.org members in a prayer of reparation on May 17 from 2-4 PM. We encourage you to organize local groups to pray for mercy for the decision by Notre Dame, but also for our nation for continuing to permit the tragedy of abortion.

***If you live in the Midwest, or near Notre Dame University, we invite you to personally join us in prayer at the Grotto on the campus of Notre Dame from 2-4 PM on May 17, where we will be joined by several Notre Dame professors, alumni, and current students. The gathering will be a peaceful and prayerful.

4) Please forward this message to your family and friends. Let them know about Notre Dame’s decision to honor the most pro-abortion President in American history. We must not remain silent over this scandal!


Brian Burch, President

# – # – #

Have the people running Notre Dame lost their mind?

A supporter of infanticide invited to speak at a supposedly Catholic institution of higher learning!

I guess it too will join the ranks of “catholic in name only”.

Shame on them.

# # # # #  


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