Tag Archives: economics

The Default State of economics…

Many years and countless hours of studying Socialist countries has presented me with two absolute and demonstrable facts.
First, Socialism never works no matter how much your local Socialist wants or wishes it too.  Or for that matter, tells themselves it does.
Second, Free Market Capitalism is the default state of economics.

Without fail, once established and entrenched, a socialized economy gives birth to a separate and “unequal” system of trade.

A system of trade that is not controlled by the state. It has many names such a black, grey, underground and illegal… but those in charge never call it “free” which is exactly what it is.  (In Russia there was a simple rule everyone lived by… if you see a line get in it.  They knew that whatever was at the other end, whether they wanted it or not, could be traded for something they did want.)

The Socialists have attempted every imaginable idea to stop Capitalism in its tracks but  have succeeded only in slowing it down and creating distortions which they then blame on the very free market they distorted.

They stare dumbfounded at a system of trade that does not require their genius, planning or input, to be successful.

So, Throughout history the Free Market has ruled unmatched in it’s success and durability as the premier economic system.
(An aside: I’ve encountered a school of liberalism (a poorly educated one) that has labeled Free Market trade as “Smithian Capitalism”. I would remind these Elitist Know Nothings that Smith was simply an observer and recorded what had been evident for millennia. Just because he was the first to organize it on paper does not make him the architect of voluntary trade.)
Free trade has flourished under monarchies and Marxism alike.

It cannot be stopped… but that seems to be one of the tenets of our present day, home-grown Socialists. There is an ongoing effort to slow Capitalism down with policy issues like global warming which then lead to ideas like cap-and-trade etc. Ironically it is the resistance from the rest of the socialized world which stands in the way of these ill-founded ideas… the Communist Chinese understand the value of free market trade which is why Hong Kong has been left alone.  But they also recognize the inability to control a population enjoying a Free-Market, which is why they have not officially adopted the economic system for China proper.
But the point is, when the superiority of Free Market Capitalism is recognized even by those who wish to see it go away, you have to ask yourself why are we still fighting with these same types of people at home?
I have and will continue to offer it is about Power and Control… it is about a mindset that see themselves so superior to you that the concept of not making your decisions for you is unthinkable. In their minds, It is about keeping you from always making the wrong choice because you’re too stupid to know better.
We finally have a single country, in the United States of America, founded on the beneficial evidence of  individual rights, voluntary trade and property rights.  And the Left can’t leave it alone.

I’m tired of placating these people and their oppressive ideas coated with a candy glaze of “fairness”.  Simply being born in a country doesn’t make it “yours”. If we are not racists then we should surely not be “Geographists” either. We should organize ourselves according to ideas on  Individual Freedom and Liberty.  Those who do not believe in how this country was founded need only find a country where their ideas fit in.

Socialists already own most of the planet… how is that working out for them?  Surely the EU could use the brilliance of our modern day Left to help them put their Socialist Utopia back in order.

(042812)

“If you destroy a free market; you create a black market.” – Winston Churchill


F#@!

I make every effort to foster a ‘safe place’ for all types of discussion.  There are no topics I consider off-limits.  For that matter, most language is tolerated if it’s within context.  However there is one word that’s absolutely forbidden.

The four-letter “F” word.

I find the “F” word so offensive that I’ve had to post signs during get-togethers reminding my friends that it’s not to be used within the walls of my home.  At first they laugh, but then I remind them I’ve asked people to leave because they refused to stop using it.

I have to admit there is a longer list of words that I find disgusting, crude and distasteful.  These words can cause me to flinch visibly when uttered in my presence.  These are the kinds of words that if your kid comes in the room and employs them in a sentence, your face squishes up like you just bit into a lemon.  But that one word, that single most offensive word, is the one that earns them a slap across the face.  Possibly two.

I’m regularly appalled, as I’m sure you are, by how common the “F” word is used in public.  I’m even beginning to hear it on television!  It is commonly used in movies and music… and astonishingly, no one appears to care! It seems to easily slip off the tongue of young people and adults alike.  Protesters waive it around on signs, even politicians employ it with ease and often loudly.

Just writing about this is making me feel dirty.

It’s disgusting.

But we all know we can never fix that which we refuse to recognize.

So, for those of you easily offended, please cover your eyes… now.

“Fair”.

There!  I said it.

(I apologize for typing it out loud.  I need to go was my hands, and find a random kid to slap a couple times… just because.)

“Fair” is the most horrific and misused word in any language.

“Fair” is a word used to divide.

“Fair” a tool used to destroy reason.

“Fair” is as undefinable as it is unachievable.

Each of us has a different definition of its meaning making it the perfect escape for those whose arguments are too weak to defend and have no other option but to imply any disagreement they encounter is malevolent.

It’s only use is to justify theft, oppression, discrimination, death and destruction.

It’s a word that above all others should be permanently removed from our lexicon.

 


Mexico’s Greek Problem

The Greeks are causing problems Everywhere!

If they’re not supposedly Raping College Coed’s, they’re screwing it up for North American Socialists.

So there I was killing a little time reading Lenin’s pamphlet “Imperialism, The Highest Stage of Capitalism” where he referenced Calwer’s book “An introduction to World Economics” and it dawned on me.  Since nothing is new… the citing of 19th century world power and wealth accumulation struck me as oddly relevant to the globe of 2015.

Climbing into the ‘way-back’ machine and ending up in the early nineties you would see many of us decrying the idea of an EU. We did this not because we feared the brilliant long-term success predicted for such a move towards the One World Socialist Utopia, but rather because we knew it would lead to economic instability throughout the world… exactly opposite of what those supporting the idea promised.

We were out in the wilderness attempting to explain to the handful of people who would listen that Huge mistakes could now be made by an entity so large… and the ramifications would be catastrophic.  We saw this with the EU insatiable appetite for US Junk Debt in the form of derivatives, and the subsequent economic meltdown of 2008 as a result.

But I must also give a nod to a secondary concern, that being the short-term success at combining all of these desperate countries into one large, for all intents and purposes, Nation.

It was the North American Socialists drive to do the same with the United States, Canada and Mexico.

This is still on the wish list of many Leftist Politicians and the legislation/treaties required are sitting in someones drawer waiting for the right time to be offered up to the American People… or simply Forced Upon Us as was Obamacare.

So let’s travel back to today…

Greece is about to sink the EU. And if not Greece, Spain and Portugal are waiting in the wings watching closely the events and waiting their turn to hold the rest of the EU hostage.

I will offer that the exit of Greece from the EU, read default, will set back the Socialists dream of an ‘Amero’ 50 years. I cannot say they will give up their attempts to destroy Freedom, Liberty and Free Exchange, as they never have. But the very events in Europe we are watching today are unwelcome by the Global Statists as it clearly demonstrates the fragility of monopolies as well as the futility of government planning.

Everybody cheats… including countries.

There are the Makers (Such as Germany) and the Takers (Such as Greece, Spain and Portugal).

The Takers are not interested in making an effort to be responsible for their actions and expendatures.

The Makers will always find themselves enabling the Taker’s addiction to spending and lethargy.

Self-interest will never be removed from the Human Condition… thank God.

Because of that, we are watching the dissolution of yet another Great Socialist Plan right before our eyes.

Luckily this is happening before the Untied States was convinced, or Pushed, into the same such agreement with our neighbors to the North and South of us.

If you are anything like me and read the stories coming out of Europe while wondering why the EU is trying so hard to keep the Greeks in the Club… it’s because the very legitimacy of Socialism is riding on a Healthy, Vibrant EU.

But what Socialists around the world simply cannot embrace is their very Governing Theory is poisonous… and the arrival of Death, Destruction and Oppression is only a matter of time.  The results of Force and Acceleration in the name of Administration will always be failure.  It’s simply to what degree.

So it is True.

The Greeks are indeed causing havoc Around the World.

However, the only people getting Raped are the Member Nations of the EU.

But they were asking for it.

I mean really… have you seen the way they dress?


Can’t we all just get along?

No.  We can’t.


Healthcare is a human right!

There is no debate.  Healthcare is a human right.

I’m not sure how there can be any misunderstanding here.  Each of us has the right.  We are endowed by our creator certain inalienable rights. (sound familiar?)  And one of those is healthcare.

Everyday, every minute, every second we make decisions that are beneficial or detrimental to our health.  It’s our right being free individuals in a currently free society.

For example;

I have the right to buy bigger bottles of scotch.

I also have the right to put the cheeseburgers down and push away from the table.

Clearly you can see the difference between the two… buying bigger bottles of scotch means more of it when I want it thus it being beneficial, and putting down the cheeseburger being detrimental because cheeseburgers are yummy.

What I do not have is the right to force you to subsidize my scotch consumption through a scheme where the Federal government, via regulation, raises your insurance rates to cover my cheeseburger and scotch habit.

And here is where it gets good…  If you want to lose your human right to healthcare as described above then keep pushing the implementation of Socialized Medicine.  Once fully up and running you will have people like me deciding everything from how big your scotch bottle can be to how cheesy your burger should be.  Assuming, of course, that I allow you to have a burger in the first place… I hear that veggie burgers are better for your health – you with me here?

This speaks to the most basic of our “inalienable rights”.  It’s all about freedom.  The freedom to make the wrong decision even when we know what the right one is.

There is nothing wrong with the health system as it currently exists.  It’s not perfect, but its the only system that doesn’t allow me to put a mortgage on your life to keep me drinking scotch out of ever bigger bottles.  And while not perfect, it’s a darn sight closer to perfect than any of its nearest competitors in other countries.

There is a rush to implement socialized medicine in the U.S. for several reasons.  First is the most basic for leftists, and that’s the power of control over you given to government.  Second is the need to convince you its brilliant before the other Socialist healthcare systems drive their countries into bankruptcy.  (Unless you’re Cuba who has simply stopped supporting any of its other infrastructure in order to prop up its mediocre military and mediocre health care system.) And finally, and possibly the most sinister, is the rush to get people hooked on the access and view it as an entitlement.  In other words, get the needle in their arm… pun intended.

So to sum it up, our health care system could use some scrutiny.  No doubt.  But we need to understand why “private” is a must.

OR

We all need to get bumper stickers reading “It wont be fair until we all have crappy health care” and “I can’t wait to tell you what you can eat.”

(originally posted 011512)

Update:

It’s also important to understand that profits organize markets.  In other words, once something becomes a “right” then profit must be removed.  I just had this conversation last evening… and morning… with a friend and her husband.  Both doctors.  She believes Health Care is a Human Right.  And, Insurance Companies should not be making money from it.  I said ‘f*ir enough’, You should work for free too.

This prompted her to change direction quickly and offer there should be a ‘balance’.  I asked her who should be in charge of determining what that balance might be… she began to tell me what the balance should be in today’s dollar amounts.  I asked her why it should be her who determines the ‘balance’?  She couldn’t answer me… she’s not stupid, she knew where I was going.  I simply said “Thank you for illustrating my point.”

Thus the repost.  It was on my mind.  And it’s valuable to recognize that we will be revisiting the same arguments over… and over… and over…


Number Monkeys Part III

So last week we were presented with a Horrible Jobs number.

Bad, bad, bad…

Roughly 146,000 jobs were ‘created’ when we need a minimum of 250,000 jobs each and every month to support any façade that a Recovery is underway.

That’s the fact.

Here’s the non-fact. Unemployment WENT DOWN! DOWN… to 6.1%

This is mathematically impossible.

Unless you’re a Liberal and in charge of Monkeying with the Numbers then allowing a Slavish Media throw those Numbers at the Masses like the Poo they are.

Here’s how this happens…

The Liberals in charge calculate the unemployment number going down by Removing human beings from the Work Force.  (No, the Humans did not Die or even Disappear.  They just told someone they have decided to quit looking for work.)

So stupid is this line of ‘logic’ it hurts my head.

Follow this ‘logic’ for a moment.

If this is the correct way to arrive at an unemployment number then… suppose every man, woman and working age child (now apparently anyone under the age of 27-YEARS OLD) were to decide to QUIT THEIR JOB TODAY and then TELL EVERYONE THEY COULD THAT THEY HAVE ‘GIVEN UP LOOKING FOR A JOB’, we would be…

AT 100% EMPLOYMENT!

You got it?

If no one did anything… nothing… and simply said out loud that they had given up looking for anything to do…

WE WOULD BE A FULL EMPLOYMENT!

Yes, I”M YELLING!

The is Foolishness on a Profound level.

The real, actually, NO POOP unemployment number according to the Bureau of Labor statistics is… wait for it…

12%!

12%!

TWELVE PERCENT!

I recall not very long ago, in an administration not far away, when the unemployment number breached 5% the world was ENDING! IT WAS THE APOCALYPSE!

Now we have a ‘real’ unemployment number of 12% (Which I also hold SUSPECT) and the Press is nonplussed.  Instead they report the Administration’s Preferred Fiction.

Is there anyone left in the United States that believes there is not a bias benefiting Socialist thought on behalf of the Press? And if so, how can that possibly be? Xanax? Oxycodone? Pot? Lobotomized? How?

So the Number Monkeys Strike Again.

Why would you take any Media, News Outlet or Talking Head seriously who doesn’t take on this Flung Poo directly?  (Please note: In this case Flung Poo is not a racist Harry Reid joke.)
Why would we offer even a modicum of ‘trust’ to anyone who regurgitates such Crap?

This is all about Marx, Animal Spirits and Keynesian Economics. It’s all about the ‘Optics’. It’s all about how you FEEL… Not what the REALITY we face truly is. It’s all about what ‘is’ is.

And… never let the Leftist Progressives Fool You.  Economics is INDEED Politics.

It’s control.

Controlling your production is controlling YOU.

At some point we have to grow tired of getting covered in Poo.


Hearding the Crimson Cats

It must be frustrating to be a Socialist in the United States right now…

So close!  So very close…

And yet there is fear.

While Democratic Socialism is imploding in Europe, the true believers continue to push forward.   While “austerity”, which used to be known as fiscal responsibility, is being proposed in order to save the EU from a complete meltdown the Socialists will have none of it.  (The Socialist Party will secure the majority in the parliament of France this week.)

The Left is determined to destroy the current paradigm in Europe (just as they are in the U.S. and elsewhere) but they are getting in the way of a much larger goal.

In their refusal to listen to (take orders from) President Obama they are giving the entire world a glimpse of what they really want.  The total and complete collapse of everything remotely resembling free-markets and individual rights.  It is desirable to them… it is their stated goal… not something to be avoided or concerned about.  Marxists will tell you that in order to rebuild you must first have a “clean” canvas.  Marx told us that the complete collapse of Capitalism is what must happen before the Social Utopia will be realized.

We (non-socialists) watch what is going on in disbelief.  We “can’t” (don’t want to) believe that there are people out there who wish to destroy our way of life so that they can design it the way they think is best.  It seems beyond our comprehension, but it is not… we just don’t want to confront what that really means.  And we don’t want to think of what that would require of us… how we see our friends who espouse liberal ideas… the energy we will have to expend in trying to stay informed and aware… the sacrifices and personal responsibility we will have to shoulder in order to protect our way of life.  It’s uncomfortable.

But no matter how we want to “feel” about it, there is an ideological war going on, and it has been for 100 years.  Free-market Capitalism has been incrementally losing for all of that time.  The European Social Democrats finally see their opportunity to seize the day and have fully committed.  The Free-Market Capitalists are nowhere to be seen.

However, President Obama sees clearly that the American people are watching.  The 24-hour news cycle, government caused housing catastrophe and individuals involvement in the markets through their 401k’s have provided them with a better understanding of trade and economics.  (Getting better everyday.)  This better understanding is leading them to see the conflict in front of them.  The conflict of two mutually exclusive ideas.  Socialism (the ideology of subjugation) vs. Capitalism (the ideology of individual freedom).

Here is the risk for the U.S. Left: The voters might come to their senses before we pass the point of no return.  This possibility has our homegrown Progressives concerned… if the “masses” in the U.S. wake up soon enough, through the election process they could begin rolling back some, most or all of the Socialist scheme’s foisted upon them over the last 10 decades.  From the point of view of Leftists like president Obama et al, this is very inconvenient.  The Left cannot allow this to happen.  Their dilemma is they control the public schools, mass media and an entirety of one, plus most of the other major political parties… what else can be done?  They are relying on you not getting up to speed fast enough to stop them… this is where we are.

(For Anti-Socialists like me…This is what makes the next series of U.S. elections so very important.  It goes far beyond voting for your favorite guy, or the most handsome or best speaker.  It goes far beyond “wasting your vote to teach them a lesson“.  It is really about the beginning, the first steps down the road, of returning to the rights of man and a country our founding fathers envisioned.)

For the Worlds Progressive Leftists it’s about the brass ring.  It’s about winning a war they have been fighting right in front of you since the day you were born.

But U.S. Leftists realize how important American participation in this “beautiful transition” is.  The problem remains getting the world’s Leftists in lockstep is like herding Crimson Cats… they remain red, but keep going their own directions.

In this there is hope.

There is hope… in personal education, and open discussion, of economics and individual freedom.  There is hope in demanding the press do their job and keep politicians in check whether they happen to like them or not.  There is hope in initiating cordial conversations which challenge your friends to explain their points of view out loud so they have to make an effort to think about what they think.  There is hope… if you don’t give up and give in.

The United States is the last country on Earth that is in a position to represent the individual.  The Socialists have control over all the other countries… and how is that working out for the self-proclaimed “smartest people” in the room?

Unfortunately, they would tell you “pretty well”.

Keep an eye on the cats.

(For any of you Leftists who suffered through this entire missive, let me ask you a question.  When has it ever worked out well for the Proletariat?  Pour yourself a cold glass of Moskovskya and think about that for a while.)

(Originally posted 061112)