Aug 272014
 

This is part II of IV of Useful Idiots and The Something for Nothing Society. In part I, we covered the beginning of the evolution from a capitalist constitutional republic during Teddy Roosevelt’s presidency a century ago into the progressive socialist state we have become today. This transformation has taken over a century and has been implemented in such an incremental manner as to be mostly imperceptible to the public at large. It began with the creation of the Federal Reserve (privately owned central bank owned by multi-century banking families) and UNSOUND money (which transformed money from a place to store your savings and labor and a store of value which moved your savings into the future, into an instrument of confiscation, theft and exploitation of the public. The other element of the road to serfdom was the personal income tax, also implemented at that time. This series is a connect the dots exercise designed to allow you to see the enormity and inevitability of the societal collapse we find ourselves in. Its causes, the system that is in place driving it forward and the reality of our situations, better allow you to see and prepare for its demise, hopefully benefitting from it. It is the greatest opportunity in history but requires a keen understanding of history and Austrian economics which has predicted it all. The history of this collapse of empires is being presented to you in this series.

Inhabitants of the developed world have experienced an IRON curtain of government policies crushing their futures and prohibiting prosperity. This plan has been in place and unfolding for over 100 years. It is a plan and the playbook is easily found and understood on the internet. It is central to creating USEFUL IDIOTS and a Something for Nothing Society. It is nothing less than the destruction of the American way, the taking of our freedoms, private property, future prosperity and destruction of any incentives to produce. It is a process where the elites which control society transform the public into modern day serfs and transform the fruits of your labor to themselves in a myriad ways. It is the implementation of socialism, which is the consumption of wealth and the destruction of wealth creation as we outlined in part 1.

Continue reading »

Share Button
Aug 222014
 

Adam Smith in his seminal book, Wealth of Nations, outlined how all great empires rest upon an educated, productive and prosperous citizenry. The United States is no exception as its schools over the centuries from grade school to colleges provided the teachings of history, reading and writing, logic, self-reliance, independence and the principles of the constitutional republic brought to us by our founding fathers and God. The United States was founded by people seeking shelter from Despots, authoritarian governments and dictators. Independent souls who were not afraid of providing for themselves, who wanted freedom of religion, and who were willing to strike out into the wilderness to flourish or die. And flourish they did, as did their children and grandchildren. They created the greatest empire in history, the most freedom, the least government, the greatest wealth and middle classes as never seen in history.

Now, this is coming to an end. The assault on the wealth (citizens) and freedoms of the United States began with Teddy Roosevelt and Woodrow Wilson (created the Federal Reserve) a century ago. With a BIG BOOST from progressive liberal Franklin Delano Roosevelt and the creation of the Second Bill of Rights. The progressive movement goal of transforming the United States from a Capitalist constitutional republic to a progressive socialist democracy has been underway for over 100 years and its realization spells the demise of the greatest country ever known. We are near the final denouement of economic collapse and destruction of our monetary and financial system caused by their policies. Ultimately, these PROGRESSIVE men and their supporters transform their societies from the production of great wealth, also known as CAPITALISM, to the consumption of it, known as SOCIALISM (the Orwellian name they use is DEMOCRACY). This final conversion of capitalist economies in the developed world to SOCIALIST economies was set in motion in the developed world at Bretton Woods II.

Continue reading »

Share Button
Aug 182014
 

Most longtime readers know that I have often warned that our government has evolved into benevolent totalitarianism.

This is a gentle term for fascism. No, we don’t have the jack boots and the swastika. Our system is far advanced from that. Our fascism today is so advanced over Nazi Germany and fascist Italy of World War II that our system actually appears benevolent.

How could this happen? The answer is: reverse semantics. Every writer and every talking head in America refer to the U.S. as a democracy of free market capitalism and individual privacy and property rights. This is a big laugh to any sober, thinking person.

Well, the system and its paid politicians still repeat those high-sounding terms. They use the terms like “privacy” and “free market” as sedatives to the crowd. The terms “private” and “freedom” no longer mean what they once did. They are cruel deceptions that fool the mind yearning for human freedom.

Continue reading »

Share Button
May 232014
 

Fiat money is at base a form of indirect wealth transfer from those forced to hold the money to those issuing the money.

I describe the pernicious servitude created by debt as debt serfdom, as serfdom implies a neofeudal arrangement that requires serfs’ acceptance of this financial yoke of servitude. In other words, debt is freely accepted as the line of least resistance in a system that incentivizes debt and places high barriers to debt-free independence from a Status Quo operated to benefit the owners and issuers of debt, not the debtors.

Correspondent Jeff W. has identified an even more insidious form of monetary servitude that he calls fiat slavery, as the servitude is enforced by fiat (unbacked government-issued) money.

In other words, being forced to use state-issued fiat currency is a form of servitude, as fiat money is at base a form of indirect wealth transfer from those forced to hold the money to those issuing the money.

Continue reading »

Share Button
Apr 182014
 

The Peril of a Two Class Society

Since the end of WWII the US might be considered as being divided into two eras. The first from after the war untill 1979 and the second from 1979 until today. The era’s are determined by the growth of family income.

Continue reading »

Share Button
Apr 142014
 

The headline in the print edition of the Denver Post of an associated press story on the nomination of Janet Yellen highlights a quote from President Obama, “She understands the human cost when people can’t find a job.” This statement about then-new Fed Chair Yellen, which emphasizes Yellen’s Keynesian-based commitment to the unemployment prong of the Fed’s dual mandate, underlies why some economists feared that no matter how bad policy might have been during Bernanke’s tenure, policy is likely to get worse rather than get better from a sound money perspective during a Yellen reign. Her empathy for the unemployed was clearly present in her remarks following her first official policy meeting which as reported by the Wall Street Journal “were a notable affirmation of her commitment to low rates until the economy is much stronger.” She emphasized, “The recovery still feels like a recession to many Americans, and it also looks that way in some economic statistics.” She then chose to support her remarks not with usual econ jargon and statistics, but “Ms. Yellen instead exhibited a personal touch … by coloring her comments with experiences of three people who had struggled to gain full-time work.”

Continue reading »

Share Button
Feb 212014
 

The Devil pens a motivational letter to his minions in America.

Through means I am unable to disclose, I have obtained a copy of the Devil’s New Year’s missive to his minions in America. Though it appears He delivered his letter on January 1, it has taken me until after Lunar New Year to obtain a copy. The Devil’s gleeful anticipation of America’s ruination by 2015 should give us pause.

To my fallen angels Beelzebub, Lucifer and Leviathan, princes of Hell’s demons, and to my minions, lackeys, toadies and sycophants in America:

As you know, the new year usually finds me quite despondent, as the Prince of Peace’s influence waxes most atrociously around his birthday. But this year I am in fine spirits, nay, let me even declare myself absolutely giddy, for the destruction of the United States of America draws ever nearer.

Continue reading »

Share Button
Jun 052013
 

Government is supposedly in place to protect the rights of its citizens. That is what everyone is told. That is what we were taught when we were in school. Boy, how times have changed. Our Declaration of Independence made mention of this fact. Our Constitution was written in just such a guise to maintain individual liberty rather than government control. Looking at our society today, one would be very hard pressed to see how such liberty exists in America.

If you are part of the crowd that still believes the government is there and representative of the people, you are surely living in denial of the world around. If you are part of the crowd the wants our government to do good things, you need to come out from the rock you have been living under. One cannot deny the fact that there is an extremely large part of our society that truly believes the government is a force for good. They blindly follow and support our government with no questions asked. They readily give the government more power because of this false belief at the very expense of their own liberties and the liberties of those around them.

Continue reading »

Share Button
May 132013
 

Our last chapter was about how the U.S. Federal Reserve was created and why. But it ended with an extreme example of how the universal central banking model works today.

Cyprus.

As another domino threatened the house of cards holding up European banks, more money had to be pumped into Cypriot banks so their doors didn’t close and rapid contagion wouldn’t implode all of Europe, and then the world.

Only this time was different.

The European Central Bank (ECB) reached straight into Cypriot bank depositors’ pockets and stole about $6 billion from them. The “how” isn’t important. It’s a simple equation, as revealed in Part V. Governments are the backstoppers of central banks; that’s where their authority ultimately comes from.

Continue reading »

Share Button
May 082013
 

“The real hopeless victims of mental illness are to be found among those who appear to be most normal. Many of them are normal because they are so well adjusted to our mode of existence, because their human voice has been silenced so early in their lives that they do not even struggle or suffer or develop symptoms as the neurotic does. They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness. These millions of abnormally normal people, living without fuss in a society to which, if they were fully human beings, they ought not to be adjusted.” Aldous Huxley – Brave New World Revisited

Continue reading »

Share Button