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Showing posts from November, 2016

Technology: The Great Bushwhacker

If anything is clear about the 2016 presidential election it is the failure of the establishment media to push their favored candidate into the White House. How did this happen? A nearly-ubiquitous force known as the Web riding on the quietly-soaring Pegasus of technology. AsGary North wrote in 2013, What is going to shape the thinking of the American electorate is access to the Web, which enables people to read in-depth stories that interest them, and which interest people of similar perspectives. The social media will determine which news stories are read, not a handful of news screeners at the four major television networks. . . .The Left is blaming Facebook in 2016.  But where did Facebook come from?  
Moore's Law bushwhacked the election.  It is bushwhacking almost everything.
Technology is poised to redefine life-as-we-know-it, including government.There are numerous books that advance this outlook in great detail, among which are Engines of Creation: The Coming Era of Nanotech…

Revenge of the barbarous relic

A former Fed chairman addresses the country on national TV (fiction):

“There should be a sign on the front of the Fed building in Washington saying, ‘We work for the elites – the commercial bankers and government – at the expense of everyone else. Try and stop us.’ 

“Let’s try, shall we? 
“Bankers and politicians have had a mutually rewarding relationship for ages. Bankers create money and loan it out at interest, which can be very profitable. Trouble is, creating money electronically or with a printing press, which is what central banks do, is counterfeiting. In return for a share of the newly-created money, government lets banks get away with it. Government gets bigger, bankers get richer. 
“Bank counterfeiting, which is another name for inflation, fuels a great many evils for which it gets little credit, such as wars and depressions. To put an end to this racket we need to establish a free market in banking, which means open it up to competition. What would prevent banks from counterfe…

Why Trump and not Paul?

Donald Trump led a gut-level attack on the Establishment.Listening to a Trump speech you didn’t learn economics or the philosophy of liberty; you only heard what you already knew: you were getting the shaft from the elites.
Ron Paul understands liberty and how it relates to economics, especially monetary theory, and attempted to educate Americans on some important points.  Although his approach had strong appeal to young people it didn’t wake up enough older Americans to create a major movement.  
And that was our loss.  Is it too late?  Maybe not.
Ron Paul rightly made the Fed a campaign issue.  As I understand him, he sees the Federal Reserve as the institution most responsible for the decline of our civilization.  Aside from government itself, I agree.
Main Street people don’t understand the Federal Reserve.  They sometimes confuse it with the Treasury if they think about it at all.  They have no idea what the Fed really does, other than adjust interest rates somehow.  To them the Fed…

What I like about Donald Trump

I like Trump’s in-your-face rhetoric. 
I like that he’s sticking it to the Establishment, even if he did say nice things about CFR president Richard Haass.   
I like that he includes the counterfeiter-in-chief Janet Yellen in the Establishment.  
I like that Ron Paul said Trump favors auditing the Fed.  Auditing the Fed will audit the state.
I like that he promises to “end government corruption and take the country back from special interests,” even if he stands almost no chance of doing so.   
I like his response to Hillary’s charge that he didn’t pay taxes — “That makes me smart.”  Actually, I love that response.  Can you imagine Jeb Bush, Mitt Romney or any other Establishment candidate having the balls to say that publicly, let alone during a national debate?
I like that he’s not a member, much less a leading member, of a gang such as the Clinton Foundation.  
I like that he’s exposed the media as the Establishment lapdog that it is.  
I like that he might win even with the media working …