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October
20, 2008 Winter storms are beginning to hit us, while gasoline prices seem to be falling as fast as stock prices. In fact, gasoline prices are falling almost as fast as the stock markets are falling, at least here in the US. AND they aren't bouncing all over the place, either! The big news over the weekend (beyond the increasingly nasty political campaigns in the US, Canada, and elsewhere) was the super-duper summit meeting over the FINANCIAL CRISIS. Here is what a fairly trusted intel outfit (Stratfor.com) has to say, and it is a lot: "The weekend was essentially about this: the global political system is seeking to utilize the assets of the global economy (by taxing or printing money) in order to take control of the global financial system. The premise is that the chaos in the financial system is such that the markets cannot correct the situation themselves, and certainly not in an acceptable period of time; and that if the situation were to go on, the net result would be not just financial chaos but potentially economic disaster. Therefore, governments decided to use the resources of the economy to solve the problem. Put somewhat more simply, the various governments of the world were going to nationalize portions of the global financial system in order to stave off disaster. The assumption was that the resources of the economy, mobilized by the state, could manage — and ultimately repair — the imbalances of the financial system." Read the rest here. The point I see is that this "crisis" has just produced a giant leap forward for one-world socialism, although Stratfor DOES point out that so far, this crisis has shown that nationalism is still very strong, especially in the European Union, and that the nation-state trumps over international "institutions." I hope so, but what I see is a giant leap forward with what could literally be called "state-capitalism" in which the GOVERNMENT controls the capital to a degree suprising even in today's regulated markets. (Read the rest here)
Book
Review - Neither Preditor Nor Prey The people in this story discover that the UN "treaty" to ban all guns is the "line in the sand" they had been talking about for a very long time. The day of reckoning comes, and at least some of the people in Wyoming decide that they will not endure the confiscation of their rightful tools for self defense, even if it means a guerrilla war with the Federal government and the almost universally distrusted FBI and BATFE. This is a story about terrible things, horrible violence and needless death on all sides. It is the story of a terrible necessity, forced on innocent people who decide it is better to risk death and destruction rather than kiss the hands of those who would enslave them. (Read the rest here)
The
Tattered Illusions of Power The tattered veil of illusions used by government to justify its force and fraud frayed significantly in the last few days. Using future earnings of our grandchildren (unless we teach those grandchildren to be non-compliant), those holding the strings of government created a massive liability for each person in this nation, while calling it a step toward financial security. In this nation's history, the illusion of security has inexorably and viciously replaced the truth of individual rights and liberty. Those addicted to power, which is practically synonymous with those drawn to Government, know of nothing else but to rob and enslave productive, peaceful and creative individuals, while holding up government’s veil of false security as the reason for their actions. (Read the rest here)
M14:
The Three Hundred Meter War Kraut Mueller looked over at the label to the right and slightly above his head on the OD canvas wall. "Tent, General Purpose, Medium." Then he scanned the men seated informally on folding chairs and cots scattered about. Most wore BDU woodland camo, some were the same uniforms they had worn on active duty. Kraut had never been in the military and he felt decidedly at a a disadvantage. He wasn't a veteran. Yeah, he'd been shot at. Peo ple had tried to kill him. But he had never been a soldier in the service of his country as most of these men had been. His camouflage was jeans and a plaid shirt. No, he had not been a soldier. He HAD been a traitor to his country during the same war that some of these men were veterans of. He had been, he knew, a traitor to THEM, not that he was going to brag about it here. He had been a communist and an urban guerrilla in the making before Dr. Richter had saved him from that insanity. And even after he had recovered from his "Benedict Arnold period" as he called it, he had been a two bit gun runner for a while. Battle rifles to the Provos, M-2 carbines to the marijuanos. Playing with rearming hand grenades and selling them to Mexican pot growers as booby-traps -- the transactions always made on THIS side of the border in the desert outside Tucson where his cousin tended bar. It was good money but stupid stuff, while his young son grew and his marriage had eroded around him. But that was all many years B.C. now. Before
Clinton. External
Articles There is nothing like having your finger on the trigger of a gun to reveal who you really are. Life or death in one twitch — ultimate decision, with the ultimate price for carelessness or bad choices. It is a kind of acid test, an initiation, to know that there is lethal force in your hand and all the complexities and ambiguities of moral choice have fined down to a single action: fire or not? In truth, we are called upon to make life-or-death choices more often than we generally realize. Every political choice ultimately reduces to a choice about when and how to use lethal force, because the threat of lethal force is what makes politics and law more than a game out of which anyone could opt at any time. But most of our life-and-death choices are abstract; their costs are diffused and distant. We are insulated from those costs by layers of institutions we have created to specialize in controlled violence (police, prisons, armies) and to direct that violence (legislatures, courts). As such, the lessons those choices teach seldom become personal to most of us. Nothing most of us will ever do combines the moral weight of life-or-death choice with the concrete immediacy of the moment as thoroughly as the conscious handling of instruments deliberately designed to kill. As such, there are lessons both merciless and priceless to be learned from bearing arms — lessons which are not merely instructive to the intellect but transformative of one's whole emotional, reflexive, and moral character. The
first and most important of these lessons is this: it all comes down
to you. Capitalism
Without Capital? Not only is our nation on the verge of bankruptcy, but so are its people and private institutions. We are now repeatedly hearing about businesses “needing to access the credit market to make payroll.” This is an unmistakable sign of more dire consequences ahead for the economy. If businesses must borrow just to make payroll, this is evidence of a severe undercapitalization that cannot be sustained, even for the short run.
Couple these facts with items such as the explosion of the “pay day loan” industry and the unmasking of the false sense of economic well-being is nearly complete. These pay day loan companies use preferred access to easy credit to inject cash into the hands of the working poor. They are nearly always set up in lower-income neighborhoods. These people, who are struggling to buy food and pay rent, get addicted to the credit drug. Their standard of living is only further depressed by the interest payments on these loans that make them profitable to their providers. Thus, the recipients are left even less capable of paying for items such as food and housing in the long run, without using this credit again and again. (Read the rest here) (Read the entire article at the source website. Use the back button to return.)
The
Future of Freedom Foundation If anyone hoped the presidential campaign would be a debate about political philosophy, the role of government, and such things — forget it. This is a debate over which man — John McCain or Barack Obama — should be given virtually unlimited power to run our lives. That’s not the kind of debate in which freedom-loving people choose sides. Rather, they say to both candidates, “Thanks, but no thanks. I’m not looking for a leader. I’m looking for liberty.” (Read the rest here) (Read the entire article at the source website. Use the back button to return.)
The
Independent Institute Government ownership of banks will not be a temporary expedient. Politicians can swear they will unwind the government’s position once “economic conditions improve,” but no one can enforce this promise. The temptation to use banks as a political tool will be permanent, not temporary, so government ownership will continue for decades, or forever. Worse yet, government ownership of banks sets a precedent for ownership in every industry that suffers economic hardship. Some might argue that banking is “essential,” but many industries—autos, steel, computers or agriculture—will make similar claims when it is their turn to demand a bailout. Thus banking will be only the first victim in an enormous expansion of the government’s role. This again will have disastrous consequences for economic efficiency. (Read the rest here) (Read the entire article at the source website. Use the back button to return.)
From The Ludwig von Mises Institute The persons who promote governmental control of the economy and environment do so because they see great potential for conflict in a free society based on the pursuit of self-interest. After all, how can individuals pursue their interests without coming into conflict with each other? The simplest and most-obvious answer to this question is we cannot avoid conflict in a society of free individuals. It might therefore seem to be the case that the interests of individuals can only be reconciled through coercion. However this dismal conclusion is not true. Reconciliation of divergences of interests between individuals comes through social cooperation within the market system. To see this point we must understand how the pursuit of individual interests leads to conflict, and what markets do to harmonize individual interests. (Read the rest here) (Read the entire article at the source website. Use the back button to return.)
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