Saturday, July 2, 2016

Unfounded Debt Fears Block Economic Recovery | naked capitalism

Optimal Debt-GDP ratio? Voodoo economics, Keynes?

There are 2 primary schools of thought. Modern Monetary Theory and Austrian.

Then let's separate out currency and debt. Fiat money is debt, not currency.

So, I suppose if the dollar were real currency, printed by the US Govt, then we would have something to discuss, but we don't. So, the debt, not fear of it, is what's blocking economic recovery. Cutting spending and cutting taxes will recover the economy, but as other commentors have observed, it's not about the money, it's about control.

The followers of NC are liberals. They want to elevate the lower classes as long as they are in control. This, too, is a fallacy and exists as part of establishment thinking. The Occupy Movement represented by Sanders in this campaign season and the Tea Party, represented by Trump this election cycle, Ron Paul in the last, have a common enemy in the status quo, the establishment, and until both sides work together, one side will be played off against the other, and nothing will change. The Money Changers will continue to absorb the fruits of labor until there are no more. The sooner we cut them off, repudiate the debt, and begin issuing US Notes, not Federal Reserve Notes, the sooner we can get about the business of economic recovery. There is no optimal Debt-GDP ratio except to maintain the status quo, the debt as money fiat currency cental bank global financial system impoverishing third world countries, enslaving millions upon millions, exploiting their resources all in the name of profit. When will we stop the bankers?

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Monday, June 20, 2016

tc allen: What Race Was Adam?

TC Allen, another fine post! I would like to submit to you, that God made Adam in his image, which sets him apart from the animal kingdom, which has breath life. What God created in Adam was spirit. Man is a 3 part being; body, soul, and spirit. What died in Adam on the day he sinned against God was his spirit. God then chose Israel from among the nations of the world to make himself known. Lineage, however, was vitally important in the OT. Today, with the work God wrought in Christ, any person, regardless of lineage can be born again of God's spirit. Lineage is still important, but God is no respecter of person's, judging all alike, and it is spirit which is of vital importance, since the day of Pentecost.

Thanks for an informative and interesting article. God be with us all.

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Brexit Risk and Nigel Farage: We Know Where His Mouth is ("England"), But is His Money Offshore? | naked capitalism

If the Scots didn't have the backbone to secede from Great Britain, then I rather doubt the brits will from the EU. Not sure, why, exactly they would even want to do so.

If they could manage it without the Eurocrats, it would be all fine and well, more like the British Commonwealth, however, it isn't. It's more like ceding sovereignty, in which case the best vote would be for an exit. That, and nationalize the royal assets.

I wonder how much of the royals assets are offshore. Probably enough to live out their lives comfortably. Why all the concern about Firage? The Bank of England should be a greater concern. Let's get rid of the financiers, and end this lock step march towards one world government. Or, do we really need the bankers? In the end, I think not.

Brexit Risk and Nigel Farage: We Know Where His Mouth is ("England"), But is His Money Offshore? | naked capitalism:

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Sunday, June 12, 2016

Venezuela: A Real SHTF Situation

Gil, I respect and value your opinion, and as such will not "push" a "religious" agenda on your board. I'm thankful for the resource, and fellowship the board offers.

My point about a knowledge of the truth isn't so much about knowing right from wrong, it's about knowing who is the enemy.

There have been plenty of decent and good people in positions of authority to have effected change for the better, including the founding fathers of the USA, their efforts embodied in the US Constitution. The Bill of Rights, without which there wouldn't be a US Constitution, defends the liberty we enjoy in the US and shines as a beacon of freedom around the world. The US is unique in this regard. As Greece goes, so do we all, or Venezuela, the Ukraine, Syria or any of the other "vassal" state in the global conflict for hegemony, even China or Russia for that matter. In fact, as the US goes, so do we all. In this Orwellian world in which we live, there may or may not be any absolutes, but most people can generally agree on the basic differences between right and wrong, which should be neither relative, nor subjective. The US constitution is a good starting point.

John Maynard Keynes, whom everyone loves to vilify, had it right. Government should spend money during economic downturns, and contract during upturns. Governments around the world forget the second part of this theory. The correction of which will be the mother of all super cycles. The central banks have had quite a run with their fiat money, since the 18th century and leading up to the American Revolution. Crypto currency is the only viable alternative on the horizon. Precious metals are too susceptible to physical supply and demand. Crypto currency can't be controlled, and can be transmitted at the speed of light. It could spell the end of governments, which won't be able to collect a bounty on it. Hence, too, the war on cash.

We all want the same thing, to live at peace with our neighbors inasmuch as it is possible.

I wish you the best in your endeavors. Having grown up on the coast of North Carolina and visit often, I would like to own a sailboat one day. A 25' Catalina would be perfect for day sailing and fits on a trailer. I don't see myself bugging out on one, although they will get you out of dodge. One issue I see with them is defense.

I love to camp. Since we visit the coast quite often, the camping we do is usually in the Appalachian Mountains. My go box is ready to go, or rather, it will be once I resolve some sound card issues. Linux isn't the easiest OS to setup USB rig control and audio. The issue as I see it, is the same USB port is used for both. I'm not sure how to resolve it, but I have some resources I'm looking into. Once it's definitively resolved, I plan to post the information somewhere. For now, it's not a minor annoyance.

Not to hijack the thread, There's no question or doubt whose fingerprints are all over Venezuela. The vultures are only waiting to devour the carcass, the same as Mexico and all of Latin and South America. Otherwise, it's business as usual. Nothing to see here, move along. On the other hand, unless and until the Tea Party and Occupy Movement recognize they have a common enemy in the status quo of the American two party system, they're going to continue to get beat at the polls, as one side is continually played against the other. Yes, there is a shadow government. Rather than compromise with the GOP establishment, I would rather Trump choose Bernie Sanders as his running mate. Not only would it guarantee an election victory, but actually smooth things over with Congress, since Sanders can grease the skids. Then maybe, we would see some real change. Otherwise it will be 4 more years of an accelerated march toward globalism and one world government, and as the US goes, so do we all.

All the best to all, cheers!

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Tuesday, May 24, 2016

Father of Western Economics Took his Best Ideas from Sharia Law

Without debating the specific premises upon which this article stands, namely, that Persia did it first, I don't like the title, that western economic theory is based upon sharia, especially when one considers sharia is based upon the ten commandments, or at least from which it derives it's authority or legitimacy.

Why do those who oppose Christianity embrace Islam? Is it because they hate God? Those who love the Devil know not whom they serve, for he will destroy them as surely as he would destroy all of God's creation. 

I don't know enough about the history of Islam, or Persia, to debate which civilization is "better", which seems to be the thrust of the argument. Whether the Persian Empire was greater than that of say, the Romans, or that of the Occident. Suffice it to say, the Persian Empire did not survive, neither did the Roman. The history of whether western civilization evolves, adapts, and survives has yet to be written. The influence of Islam on the west is primarily adverse, regardless of redeeming societal value. Let us not forget, that Islam, like Christianity, is an eastern religion. It's the descendants of the Roman Empire, which embraced Christianity, which gave rise to western civilization. Modern Judaism, which sprang from the Ashkani tribe, not hereditary Jews, and Islam have no basis for any claim upon the western world.

Even if the Devil himself, were to lay claim to the entire world, which is rightfully his, he cannot lay claim to the church of God, the body of Christ. Of which , neither Judaism nor Islam have any part, except an uncommon history, and upon which Western civilization is based, notwithstanding the bastardization of church doctrine by paganism, the great cathedrals of Europe bearing witness.

Nice article, but the argument of which civilization is better is irrelevant, except upon which to reflect, and the dominance of the west is well established fact. The irony is that the same forces at work to enslave the entire world, are also those at work in the resurgence of Israel and now Isis. The age old method of Muslims migrating to a region, and then by reproduction laying claim to the land is now being assisted by the open bloodshed of militant Islam. This, too, shall pass, and the end of him who is the chief antagonist and enemy of man has already been written, 

"He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus!" (Revelation 22:20 ESV)

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Saturday, April 30, 2016

You Say You Want a Devolution? by Robert Gore | STRAIGHT LINE LOGIC

Excellent commentary on the factors that have dominated US foreign expansion since WWII, and before that domestic expansion capped off by the US Civil War.

Decentralization, is the key, of course. When the Berlin wall came down in 1989, it left capitalism, or at least a form of it with little competition except police states. Communist governments are the worst centralized states, which is their weakness, and corruption is a characteristic result. This doesn't mean socialist capitalism is a viable system, privatizing profits and socializing losses. It has the same weakness. Free markets are decentralized, which lower taxes and less government spending provides. Try telling that to a social capitalist.

The internet of things has the potential to transform life on this earth, let's hope it's a peer to peer system, and not one controlled by the NSA. They're already one step ahead.

Thanks for a thought provoking article.

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Monday, March 7, 2016

Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy

It's all a fairy tale to you anyway, so if it didn't happen, or it's all made up, what is it to you?

It's a rhetorical question, you idiot! You and I both know why. You reject the truth of God's Word, and as if that isn't enough, you delight in ridiculing those who do believe.

I think that says enough about you as a person, despicable and uncouth, the worst human nature has to offer. Oh, let's be tolerant! Yeah, right, towards everyone except believers of the truth. I'll gladly accept your mocking, and be thankful for the blessing it is to be counted in the same company as the Lord Jesus Christ, the only begotten Son of God Almighty, creator of Heaven and Earth and all that is in them.

Thank you for your comment, sir!

Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy:

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