Krugman Applies Protosimian Logic to Health Care. Big Government and Higher Taxes! Of Course!

Abstract: Krugman of the New York Times tautologically restrokes the eternal quest for more government and higher taxes. This pedestrian-level screed warps normal logic, as usual, and offers us the startling and unknown fact that our healthcare system works only because for our government. The usual propagandistic levers are duly pushed in the proper turn-of-the-crank sausage machine processes with the mindless but ever predictable nostrum that we need bigger government and higher taxes. Thus, this article is hopelessly redundant, mired in lies and propaganda, subservient to politicians and may safely be ignored.

The construction of propaganda pieces[1][2][3][4] and other variants of disinformation are designed to sway the reader with some guarantee of money, justice or, more appropriately: the ill-gotten money or hides of evil doers and capitalists.  Tax increases, particularly of the infective and punitive type, always appeal to the mentally unwashed and cognitively disnimble that swarm to their government for welfare, drugs and excuses for losers. Such fabrications of reality soon begin with some worthless anecdote [or a legendary frog story[5]] that rings a distant bell in the cobweb-clutter minds of those inattentive or cognitively disnimble souls who are easy targets for hokum and fluff assaults.  This type of connection then cements in their diminutive neuronal sets the present banality from the Times.  And, as usual, its success signals another round of essays on the splendor of big government and higher and higher taxes. Bacterial infections work like this.

Today, for our amusement, our esteemed non-economist from the New York Times, who is known affectionately as Dr. Paul Krugman of the Walter Duranty Papers, [6] squeezes off another propagandistic offalette[7] sanctioning the enduring confiscation of more private loot. This theme, unvarying from our wonderful Mr. Nobel Laureatte, and rising like the will-o-the-wisp from the swamps dressed as our Expert from Afar,[8] allows the good doctor to puff up some balloons and float them off into the sky for the victims to gawk at and marvel at the profundity. The cancerous topic is, or course, healthcare.

Predictably, it begins with some anecdote:

 “At a recent town hall meeting, a man stood up and told Representative Bob Inglis to “keep your government hands off my Medicare.” The congressman, a Republican from South Carolina, tried to explain that Medicare is already a government program — but the voter, Mr. Inglis said, “wasn’t having any of it.””[9]-- Health Care Realities By Paul Krugman Op-Ed Columnist Published: July 30, 2009    [Emphasis is mine in all quotes.]

This opening is an example of misdirection and is frequently used to state the conclusion upfront so that the tautological and gratuitous circular logical stream that follows amplifies thus sanctioning this premise. This is one of the middle-grade examples of what the NYT can operate as a slick propaganda machine.[10] They have been cleverer.

At this juncture, we must wonder where the error in logic or syntax exists in the comment. We know that our government is a failure and packed with self-serving criminals such as Senator Chrissy Dodd (D-CT) and Senator Kent Conrad (D-ND) who took bribes for their support of “Friends of Angelo (FOA) loans.” You might recall those are the special mortgages that former Countrywide CEO Angelo Mozilo”[11][12][13] created for this bribers and saved our good senators a lot of money. Gee, were they on the committee that regulated or had oversight on the mortgage industry? We don’t want to be too cynical so somebody look this up and e-mail me if I am wrong.

The correct interpretation of the comment lies in a rejection of the embedded protosimian bias from our author today. The salient fact is that the government does have its infected hands upon our healthcare system and it is going broke both fiscally and intellectually. This selection of a comment from an angry taxpayer thus prompts the writer to soar into the upper reaches for ethereal responses as to why our wonderful government should not control more of our lives and take more and more of our wealth:

“It’s a funny story — but it… yadda yadda yadda[14]-- the government is already deeply involved, even in private insurance.

“And that government involvement is the only reason our system works at all.”-- Paul Krugman Op-Ed Columnist Published: July 30, 2009   

What?????????

This preposterous comment attempts to implant the spurious notion that such things are ONLY possible with the egalitarian, guiding hand of the government pushing the levers.  Why not extend this twisted logic so as to assure us that our vaulted Social Security system-- now broke[15]--‘works’ well due to the diligence of our government. Perhaps we can praise the government for our illegal alien problems, the failure of Amtrak[16] to make a profit[17] in four decades or the successful rehabilitation of criminals? The national debt discussion is reserved for another time.

Aren’t these government programs? Why don’t they work? Does this phony leftist precept need more amplification?

“The key thing you need to know about health care is that it depends crucially on insurance.”-- Paul Krugman Op-Ed Columnist Published: July 30, 2009   

Here we go! More government??!! Could  we have predicted this?? Is this sausage-machine journalism?

“Yet private markets for health insurance, left to their own devices, work very badly:…yadda yadda”-- Paul Krugman Op-Ed Columnist Published: July 30, 2009   

Bingo! This theme roils back like malaria.

“Today, Medicare — which is, by the way, one of those “single payer” systems conservatives love to demonize — covers everyone 65 and older. And surveys show that Medicare recipients are much more satisfied with their coverage than Americans with private insurance.”-- Paul Krugman Op-Ed Columnist Published: July 30, 2009   

I have Medicare and it stinks like dog crap. The agencies I have to deal with are stuffed with slothful and cognitively-deficient protozombies[18] who shuffle paper work around and make stupid mistakes. The system does not pay doctors enough so many reject this horror. I am forced to pay into this crap barrel of twisted logic, stale theories and dysfunctional regulations. The system is broke thanks to our government. Get real. Privatize Medicare.

“So here’s the bottom line: if you currently have decent health insurance, thank the government. ”-- Paul Krugman Op-Ed Columnist Published: July 30, 2009   

That just went over the top.  Maybe I can thank my car for working well by praising Amtrak. Maybe I can be proud of my dead bolts that protect me from criminals who were ‘rehabilitated’ by our government. I just checked my bottom and it suddenly reminds me of our government.

Krugman is a Tax Zombie. Krugman is only defiant on one issue in economics and that is his ongoing crusade against the existence of Tax-cut Zombies.[19]  He is always in favor of higher taxes. Pick a topic and Krugman will advise that we tax it.[20] Tax cuts do NOT spur growth in the economy.

Restating the current malignant tax case with some truth-base editing:”And that government involvement is the only reason our system fails at everything.”—rycK in today’s blog.

We elect criminals[21], drunks[22] and sons of drunks [like the drunken cop car crasher Patrick Kennedy[23][24],], dopers, parasites, loonies[25], perverts, EcoNazis[26], incompetents[27] and losers and they beseech soiled rags like the NYT to pulverize the facts and disseminate protosimian screeds like today’s submission from Paul Krugman to justify their sorry existence and encourage us to pay more taxes for their welfare and perverted desires.

As the dog returns to its vomit, the NYT returns to tax whoring.

rycK

Comments: ryckki@gmail.com

Racism Explodes in the White House from Predictable Cognitive Underloading.  Ideological Racism is Safe for Now.

Abstract: Barry lost intimate contact with his puppet strings and morphed back into his street hustler mode. In the middle of several nasty political problems, mostly from his own party, he now scrambles to set up a White House Beer Blast to unwind and defuse his racist and stupid remarks about acting ‘stupidly.’ The media cluster around his skirts to defend him.

The notion that President Obama is somehow involved in some post-racial era was founded on fluff and hokum at the first dim light but now, in full regalia, we observe that hate-twisted racism is still the glue that binds the radical left together in the political arena. Aligned with the sophomoric low-class[1] radical theorems of the 60s, Barack has reflexively leaped back into his standard South-of-State-Street form and mentality. Ignoring his narrow political training he explodes and dumps on some white cop in a typical white-on-black encounter[2], common in all major cities but sans the details. This is a political blunder.

The Gates Episode[3] has rent the veil in the shabby facade of the Obama Presidency. Many of us warned the voters about his 20-year tautological anti-white tutelage at the knee of Jeremiah Wright and his church’s pews full of swaying and ranting racists. Where is Frank Rich to put some reverse-spin on this and go after the white cop’s church?[4] Now the Beer Summit [5] brings Henry Louis Gates Jr. [“Do you know who I am??]  and Sgt. James Crowley together with Our Fürher and this spur-of-the-moment piece of theater promises to taunt and tempt Obama to posture and work the damage-control levers as his approval rating is plummeting down to dangerously low Bush-Era levels. Not to mention that his promises about jobs, the economy,  saving phony mortgages for the ‘poor’ and abandoning Guantanamo are so much stale tripe, his problems with his own Democrats in his massive-Majority Congress  are astronomical. Here they earned unbridled supremacy in both houses and wrested the Oval Office away from the Nazis and are restuffing the Supreme Court with leftist activist stooges[6] now everything rots by the hinges of Fate and Politics. Of course, the economy is crashing and his stimulus is similar to adding muscle to a track star by injecting some virulent tumors, but, then, he is surrounded by political hacks, liars and criminals.[7] Times are tough.

In collateral damage tones, we observe that the person who reported this incident to 911 has been attacked as a ‘racist.’ Lucia Whalen[8] is now the target of the media as some kind of provocateur and commented:

"I was called racist and I was a target of scorn and ridicule because of the things I never said," she said. "The criticism hurt me as a person, but it also hurt the community of Cambridge."[9]-- 911 caller in Gates case hurt by racist label By Jay Lindsay (AP) July 30, 2009.

You are a racist under leftist definitions because you dared to call the police and report an incident even if you didn’t have any racial or ethnic details. You are expected to look the other way and not be a snitch. Learn this lesson: that is what contemporary black-on-white racism is all about. The least you could have done would have been to lie to the 911 operator and invent a fiction about a pack of howling Klu Klux Klansmen who were on a rousing lynching party in that neighborhood. Refer to the New York Times—aka the Walter Duranty Papers[10]-- for the proper leftist authorized view of this matter.[11]

Another thought:

“All white people are racists. “[12]-University of Delaware.

Guilty…

Gates is just another embarrassing example[13] of how affirmative action allows the inept to gain acceptance in academia and politics where they cannot compete intellectually and his foul-mouthed rants on the sidewalk, outside his house[?], where he railed against the police in a despicable and disorderly manner that demanded arrest. Al Sharpton would have conducted himself in a more orderly manner as he has experience with riots, some street killings and police and arrests. Apparently Gate’s ‘comments’ to the police have been suppressed[14] we learn from Ann Coulter, always reliable when facts are confidently  mislaid in leftist essays,  as is absolutely necessary to redact any and all incidents to show that only whites are racists.

“On MSNBC's "Hardball," Chris Matthews said that Gates did not say, "I'll speak with your mama outside," as stated in the police report.”[15]- How About A National Conversation On Race Hoaxes? By Ann Coulter July 29, 2009 [Emphasis is mine in all quotes.]

Maybe Crissy still has that magical something running up and down his leg.[16] Here is the police report in this footnote:[17] Did he read the police report or did he just ‘know’ a prime example of affirmative action would be above this level of conduct?

Obama was confirmed as an ideological racist[18] who was masquerading as some kind of moderate:

Do we remember this?

"And it's not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."[19]—Barack Obama off camera in what he thought was a safe environment to express his views.[20]

Is this the expected product of Affirmative Action? Apparently so, in stereo counting Obama.

rycK

Comments to: ryckki@gmail.com

Fat, Fair and Progressive Taxes and the Liberal Psyche Explained. We Should Tax All Who Burden Our Society.

We all have to suffer taxes. Tax revenues bring us some return if not relief in our lives as we need to collectively provide for services such as police, fire protection, and the military and certain social services. There is always much hoopla and jingle-jangle ringing about progressive taxes and what levels they should cut into the income of those who seem to attract more money than those below the median. There is a general consensus, ingrained in the DNA of the ‘poor’ and their advocates that the ‘rich’ ought to pay for most taxes and fund programs for the rest of us.  While noble, this nostrum appears to insufficient to generate enough taxes to pay for the crude excesses of our society. We need better measures. We need more specific taxes.

The chief difficulty with this theory is that the rich can reallocate income and such according to geographic location and tax accountability with respect to earnings. Tax-free bonds are a noticeable loophole in the system where the very rich can get a small return on vast sums and escape taxes. Thus, we need to expand the tax base in a ‘fair’ manner so that, according to the new ramblings on the subject, those who instigate an unnecessary or elective government expense ought to pay for it. Such a tax is the Fat Tax.[1] This seems fair. Why not force those who consume more fuel in an airplane to transport their excess adipose to pay a bit more? The same goes for medical costs. Why not ask those whose lifestyles require more medical assistance to pay a higher premium just to be ‘fair?’ There are convincing parallel arguments in other facets of our society where government costs are concerned. This blog suggests some useful and fair new taxes that would make the tax system fairer and more efficient.  This blog also suggests some novel tax credits that might encourage witnesses, snitches and associates of wrongdoers to come forward and inform on them to the police and be eligible for tax-free awards.

But, this primeval judgment about limiting special taxes to the healthcare system seems to be dysfunctional in our society and unfairly directs taxes focused on just a few who require more government spending on their behalf.  The circular argument that fat people pay less than they should for healthcare in our system and that this costs the government more money is an outstanding example of a non sequitur. If government would stay out of the health business, the costs would be lower based only on the obvious reverse effects of government meddling and costly efficiency inversion. But, contrary to concept that our citizens are logical we must concede the salient point that many think our government is beneficial. But, we still don’t have enough tax revenues to pay for those who deviate from the norm and incur extra costs in our society.

Clearly, we need more taxes of the Fat Tax sort! Extending the logic of Milton Merryweather and P. Franklin Alexander and the refinements offered us from Yale, we can accept the social theory that “…revenue from junk-food taxes be used to subsidize more healthful foods and fund nutrition campaigns. “[2] Yes, go for this! More taxes!

Now, let us assemble an ensemble of habits and activities that cost the government more money than average per individual and see if we could put an equitable tax in the proper place so those who incur the cost pay it back for tax neutrality.

New Taxes

We have many people, apart from eating too much, who require medical services, counseling, rehabilitation and such. All of these costs are from elective social behaviour and could be taxed to relieve the tax base and be fair.  There are other lifestyle antics that might be taxed as they cause unnecessary expenses as well:

Drug Addict Tax, [DAT]. Many dopers are also criminals, perverts and incur costs for the pretense of drug rehabilitation in programs provided by our government. Why not tax druggies accordingly? We could require a special co-payment for all drug-whacked persons who need this service. The tax would be the total cost of drug rehab programs divided by the number of drug addicts and also divided by the average number of visits thus the program would be tax neutral! No credit. Pay-as-you-go.

Sexual Pervert Tax. [SPT] We can safely stipulate that certain diseases like AIDS, chlamydia,[3] g*n*rrhea[the clap],[4] and syphilis[5] are mostly caused by promiscuity and acts of debauchery common to liberals and their victims hence that group that promotes, celebrates and spreads this expensive malady should pay for it.  People who test positive for AIDS must pay an additional 10% federal surtax on all income. Medical treatment facilities who specialize in AIDS and AIDS rehabilitation institutions must pay a tax equal to 300% of the costs required to play out the comedy that they are making a difference and this includes housing, mendicants and staff salaries. Those who violate prostitution laws ought to pay a special fee for each arrest along with extra fees on gay bath houses, massage parlors, bordellos and other such establishments at the flat rate of $100 per customer. This tax would automatically be doubled in California and New York. The taxes should be high enough for the revenues to pay for the diseases incurred in such a disgusting manner.

Wino Tax. [WT] There is no reason that Bowery sots and other connoisseurs of the sidewalk vents should not pay for their special privileges. Those who pretend to ‘dry out’ in elaborate dry tanks that specialize in alcohol  or drug rehab should pay a series of fees. Those arrested for public drunkenness should pay a flat fee for each arrest and rehab facilities a flat tax on their earnings above and beyond their normal tax obligations.

Rotten Plastic Boob Tax [RPBT]. Since breast augmentation is elective surgery[6] and leads to frequent stubborn infections[7] a one-time tax, per boob, should be collected and placed in a pool to pay for such nonsense. Some 300,000 women get this elective surgery each year. [8] Many get nasty diseases or undergo rabid lifestyles after such procedures. The tax should be about $1000 per breast. Men would pay $2000.

Second Hand Marijuana Smoke Tax [SHMST]. Tobacco is taxed, in part, on the theory that second hand smoke causes numerous diseases.[9] Marijuana ought to be taxed in the same way to be fair. Those arrested on drug charges where cannabis is involved should pay a stiff fine of $500 per incident to help pay for their intentional infliction of cancer[10] and other maladies upon the masses. Those who grow the weed and peddle the blossoms should be taxed at $1000 per pound of finished dope weight.

Gambling Addiction Tax [GAT]. Gamblers cause numerous problems in our society and should pay a monthly fee if they continue to gamble and lose. $200 per month seems appropriate.

Academic Parasite Tax [APT]. Many so-called ‘scientists’ and ‘professors’ are social parasites and do more harm through the  dissemination of propaganda and lies than any identifiable good in educational terms. Those who infest our institutions of higher learning like insects  should pay a flat 20% tax on their earnings, 50% fees on honorariums and speaking fees, 240% on book revenues and 125% tax on travel [200% if reimbursed the university or school] when employed in our ‘school’ systems. These taxes and fees would be doubled in the political science departments of all state universities.

Disinformation Tax [DT]. The media tend to be preoccupied with propaganda and disinformation in lieu of reporting the facts and this causes inefficiency in our society. Certain media concerns like the New York Times, CBS, ABC, NBC and CNN should pay a flat disinformation tax equal to 20% of their revenues to compensate the taxpayers for all false stories and bogus reports that support any political views of any sort.

Illegal Alien Tax [IAT]. Illegal aliens are a major cost factor in healthcare, crime and other social areas. Illegal aliens should be charged a fee each time they are discovered in our society. A fee of about $200 per detention is reasonable and they would be forced to pay for their own court costs and deportation fees as well. Any citizen who suspects that an illegal alien is present may ask for their Social Security number and use the E-Z check system to see if it was stolen. An instant reward of $200 would be posted electronically to their checking or savings accounts and the account of the illegal aliens debited in the same transaction. The SS card would then be confiscated by any person present and presented to the government for a $50 tax credit. The illegal alien would then be asset stripped and deported.

Prison Parasite Tax [PAT]. Prison inmates are a burden not only on the healthcare system but on the courts and other government agencies.  Convicted felons doing time in our incarceration facilities should pay for 100% of their expenses. They should pay 120% for crimes if they were elected officials. If they cannot obtain the funds, certain measures might be instituted where the government could claim the use of certain of their body parts and bodily fluids to sell to compensate for prison expenses.  Inmates might be leased out for certain environmental projects like dredging the swamps or collecting plastic bottles on the highways or other useful social projects like experimental surgery and virus stress testing.

Government Employee Parasite Tax [GEPT]. Most government employees are useless and contribute more to inefficiency and the bloated bureaucracy than are effective employees.  Most government employees are thus simple functional parasites gratuitously feeding off the public trough. Since they cannot be fired, those who do not work for the military, police, FBI, border patrol or other agencies who accomplish something useful should pay a flat 20% excise tax on their salaries and a 200% tax on travel expenses. If tardy even one minute they need to be docked two days pay for each offense per minute of lost time.

Politician Pollution Tax [PPT]. Persons ‘elected’ to office should pay a special tax based on the fact that most politicians are corrupt, ignorant or mindless. The extra tax should be about 40% of their government remuneration. Staff members of such persons would be taxed an extra 50% of their salaries and be prohibited from travel more than 50 miles from either Washington DC or their state capitol locations.

Predatory Lawyer Tax [PLT]. Lawyers, by definition, are parasitic and corrupt any system of laws in pursuit of the nonexistent notion of justice. Lawyer’s fees need to be taxed at an hourly rate of $200 per hour and the lawyers fined for all frivolous law suits. Lawyers who lose court contests for their clients should be charged a court fee of 20% of the desired judgment and thus forfeit any fees owed to them by their victimized clients. Lawyers who win lawsuits and secure fat judgments should be entitled to their usual 33% fee with the stipulation that if they are defending criminals, perverts or illegal aliens their tax becomes 200% of the judgment.

ACLU Contribution Tax [ACT]. All contributions to the ACLU by citizens or groups should be taxed at 200% of the sum of the contribution. ACLU lawyers should receive nothing for their services if they sue the government for any reason—particularly in civil rights cases.

Global Warming Blather Tax [GWBT]. All written material whether in media print or on the internet or in an interview on television programs that foster the lies and baloney of Global Warming or Climate Change  should be taxed as the rate of $10 per word per view or listener. “Literature” sent to residents should be taxed in the same way. Citizens may send in tapes of interviews or fliers to the government for a tax rebate.

Obnoxious Panhandler Tax [OPT]. Any person caught begging or panhandling for money from any other person is subject to an instant tax of all monetary items in that person’s possession at the time they are caught. Their clothes would be burned for medical reasons. The police or other persons on the scene who witnessed the act would be allowed to assist the victim in the confiscation of the panhandler’s portable assets. No victim or witness or persons who assist in the administration of justice may be prosecuted or even interviewed by the police and no court orders may be issued against them. Panhandlers may not bring lawsuits to any court.

Tax Credits.

Political Informant Tax Award [PITA] Any person, citizen or not, who gives material evidence, testimony or data on any elected politician, state, city, local, county or federal,  that results in a conviction or a fine would be eligible for a 1-10% award based on the aggregate wealth of the convicted politician. Groups of informers may share in multiples of this award on a percent per person basis. The award with would be determined by a politically neutral panel of citizens who [1] had never run for office, [2] were never related to any elected official and [3] whose tax bracket is 38% or higher. Such awards would be paid in cash and be free of any taxes, world-wide or even farther.

Illegal Alien Snitch Tax Award [IASTC]. Any person, citizen or not, who gives material evidence, testimony or data on any illegal alien that is subsequently deported or convicted of any crime would be eligible for a 5-50% award based on the aggregate wealth of the convicted illegal alien. The award with would be determined by a politically neutral panel of citizens who [1] had never run for office, [2] were never related to any illegal alien and [3] whose tax bracket is 38% or higher. Such awards would be paid in cash and be free of any taxes, world-wide or even farther.

Public Employee Sloth Informant Tax Award [PESITA].  Any person, citizen or not, who gives material evidence, testimony or data on sloth, laziness or malingering activity of any public employee in state, city, local, county or federal employ would be eligible for a 1-20% award based on the total annual  salary and benefits of the employee. This would be doubled for police and the FBI. The lazy employee need not be convicted, but the award would be determined by a politically neutral panel of citizens who [1] had never run for office, [2] had never worked for any government agency or department except the military and [3] whose tax bracket is 38% or higher.

Military Personnel Total Tax Exemption [MPTTE]. No person who enlists in the militarily or graduates from a military academy, including private military academies such as VMI, can be forced to pay any taxes of any kind—city, state, local, county or federal. Businesses will be required to refund the taxes inherent in alcoholic beverages, gasoline, food, clothing, sports tickets and travel and any other fee or tax such as airport taxes and hot dog taxes for all military personnel. Military pay cannot be taxed in any way. Military retirement pay and benefits may not be taxed in any form.

With a few more tax laws, we can save the government some tax monies and bring peace and justice to our society.

rycK

Comments to: ryckki@gmail.com

The Rise of Fascism and the Demise of North Korea, Iran and Sudan

 We all learn from history that tremors in the financial and economic landscape have mostly produced massive changes in the wealth and physical boundaries of many countries. Any time there is a shift in power, in any form whatever, there are those fanatic and greedy leaders who would take bold chances to gain even more power and wealth. We see that now.

Our world now resembles much of the political and economic  landscape just before World War 1 where the ‘balance of power, ‘ collated by numerical alliances and treaties, was perturbed and  collapsed. This led to massive war. The great industrial powers gathered support and encouragement from their allies and turned on their huge war machines that killed 51 million people.  Some believe that the US was brought into the conflict from the financial threat of the United Kingdom not being able to pay off their war debts if they lost to Germany.[1] This conflict that destroyed most of Europe was never fully resolved and reflexive measures like the abominable Treaty of Versailles[2] merely delayed and accentuated the necessary vectors for a bigger war. Today, with our global economy, the players in various camps can wage financial and economic war and disregard physical boundaries.  We are engaged in such a global war. But, now this is an international class war. The ‘rich’ are being forced to give up their wealth.

Paraphrasing Carl Von Clausewitz[3] we can clearly state that the notion “…war is a continuation of politics by other means…” needs to be expanded and broadened in scope. The wars, or actions of politics as in the original observation, now may be economic, financial, debt-oriented and natural-resource oriented and, adding a final element: taxes of the international sort are now a form of war.  War may now be waged from computer keyboards and generals can easily sent orders to the troops by e-mail in seconds. The banks have become fortresses and corporations like bands of brigands. The United Nations wants the power to tax.

Any sudden change in debt level, monetary reserves, bond interest rates, trade agreements or tariffs or taxes may be considered an act of war in the new era.  Any affront may prompt retaliation in kind. Large quantitative shifts in any of these elements may lead to a shift in both political power and a tendency toward hoarding wealth and protectionism. Debtors become the tools of the bond holders but threats of default now can become sophisticated oblique field maneuvers.[4] Military action is now essential only in some limited instances but is secondary to the financial means available to new leaders. Terrorists who hide in the rocks of Afghanistan can churlishly call upon sympathizers to raise or lower the price of oil and punish aggressors. The unexpected changes in our economies, such as our recent stock market crash, have shifted the power from benign capitalists conducting two major shooting wars in Iran and Iraq to a fascist group with intentions far bolder than hunting down some fanatic terrorists. Any new economic changes of any sort may be conveniently exploited by the New Fascists.  What we observe is an intercalation of radical Marxism, Old World Fascism and Financial Adventurism blended into a power base with more financial muscle than the world has seen since Octavian seized the loot from Cleopatra. This is the New Fascism and it will be expensive.

Politicians who can swiftly adapt to opportunities are now strutting upon the world stage and the current shift in political vectors tend to be tax driven--taxes in the world wide sense--and the printing of money without sufficient reserves. The new weapon in this war is the printing press. We face a new-fangled form of something that resembles Debt Fascism where massive debt becomes the excuse to change public opinion via promises and threats and thus strongly influence world policy.  The Western Anglo world is awash in debt and is suffering in a downward debt-driven deflationary spiral[5] and now the debt itself becomes a major weapon in the war machines.  Debtors have as much power as creditors in some cases like the situation between the US and China. The battlefield is now multidimensional and there are debt battle maps, natural resource battle maps, credit battle maps, bond market battle maps and, the new one: international tax battle maps. Defaults can now be effective economic weapons. The graveyards now return to us Zombie Banks[6] with trillions of dollars of printing press backing to give them artificial life. [7]

We all know about the theories of battle and the need to put overwhelming forces into the fray at the direction of generals and this theory still applies. But, the ‘generals’ who command not military but financial, economic and tax forces now command the high ground. They can win bloodless battles with monetary and tax polities.

We should shudder with fear when we note just who controls power in the world now, and what they are what their beliefs hinge on:

Field Marshall Geithner:

We have Secretary of the Treasury Timothy Geithner who now has the power to print and move trillions of dollars by himself and is immune from either inspection or responsibilities to the courts as generously granted in law by Congress.  He can create instant wealth or instant poverty by bypassing the banking system rules and stuff capital into the balance sheets of any bank, real or imaginary. There is no counterpart to this guy in history unless we probe deep into history for a Cleopatra or a Caesar Augustus. The Chinese know what he is doing and their dollar reserves are in jeopardy.

"We believe in a strong dollar ... and we're going to make sure that we repair and reform the financial system so that we sustain confidence," he said.”[8]-- Geithner tells China its dollar assets are safe On Monday June 1, 2009 [Emphasis is mine in all quotes.]

The Chinese hate us for this:

““Mr Luo, whose English tends toward the colloquial, added: “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.””[9]—wild rant by Luo Ping, a director-general at the China Banking Regulatory Commission.[10]

This kind of rhetoric certainly does not give me confidence in our government. Should I invest in China?

Colonel Klebb[11]: The Queen of State Hillary Clinton:

We have Secretary of State Hillary Clinton, a known liar and one who defies the courts and escapes charges of perjury and who now announces which sovereign nations will not advance their development on nuclear weapons and missile systems. She has a mercurial personality, is vindictive and sour and offers ultimatums to Iran, The People’s Republic of North Korea [DPPK] and Sudan. Israel has been threatened with who knows what and now ‘temporarily’ suspends building projects moratorium in the West Bank.^[12] She is “optimistic.”[13] She has threatened them with something. We can only wonder how many petrodollars have been placed on a sacred pedestal in Basel for the Clintons to enjoy in the future. The greedy Clintons have already amassed hundreds of millions of dollars in their secret thus nefarious dealings in the Middle East. The slush fund known as the Clinton Liebrary is a massive tax dodge and suppository for graft and bribes.

The Wrath of Clinton:

"There is no place to go for North Korea," Clinton told reporters after reading a nearly seven-minute statement outlining U.S. policy on North Korea. "They have no friends left."—Hillary Clinton July 23, 2009.

And:

"What we've seen is this constant demand for attention," Clinton said. "And maybe it's the mother in me or the experience that I've had with small children and unruly teenagers and people who are demanding attention -- don't give it to them, they don't deserve it, they are acting out."—Hillary Clinton July 23, 2009.[14]

This is diplomacy. North Koreans need to pay her some ‘respect’ and toss a hundred million dollars to Billy and maybe she will quit this pathetic posturing and psychotic ranting.

This is such nonsense and grandstanding. No pair has ever called for so much attention as the Clintons. There is no way Iran, North Korea and others, working in concert for 50 years could come up with a missile system that could even suggest a challenge the US and others in the nuclear club. Also, we cannot shield the neighboring states around Iran with a defensive missile shield—the technology is just not there.  The development of nuclear arms is now only a routine political process and has nothing to do with long-term military strategy. Clinton and perhaps Obama use these topics as an excuse to hammer sovereign states that are merely following in the normal predictable pathway of development of arms.  There is a true threat that terrorists might use such weapons but then we all would have to deal with politicians who are building up their prestige and selling such devices to unruly and suicidal terrorists is not good politics. Why risk your status as a leader who has modernized his country and then has to deal with some ignorant and blatant act of terrorism.  Retaliation on an economic scale from such a terrorist attack might be massive and erase certain regimes. We can label this as blowback of the worst sort. There is no future in this kind of thinking and the leaders of the countries Hillary has targeted have no intention of feeding nuclear weapons to terrorists. But, this gives her a majestic platform and a justification to grab more power. She tilts at windmills amidst much applause.

Der Fuehrer: Obama, debt and inflation.

We have Barack H. Obama who appears to be a 60s era  radical ideological racist[15] until we look at his theories and note that his stimulus and other measures do not, as he proudly announced, stimulate the economy and create jobs. He only bloats government.  His promises are thin and ineffective. He appears upon the scene with some 600 million dollars in funding from the ‘little people’ who gave him less than $200 each we are lead to believe. Some $100 million or so came from the Middle East but what the heck. He now raises our public debt to unbelievable levels. He attacks some businesses while nationalizing others. His notions of printing money are received with mixed blessings or horrors depending on who is watching, citing the Labour Party of Gordon Brown in the UK and reacting with suspicion the government of Germany. The UK is heading for the financial latrine as is most of the Eurozone.[16][17] But, Our Fuehrer prints money and empowers his friends such as Goldman Sachs, GM, Chrysler Corporation with financial gifts and TARP funds and helps keep a tight control over unions. He announces that bond holders are ‘greedy’ thus intimidating the bankruptcy judge and for the first time in history secured bond holders get a ‘haircut’ and the unions get a majority of the auto companies they helped to wreck. All these measures will cost jobs not increase employment. He decides to fire the CEO of a Zombie Bank. His first approach is get the solid votes and then to work up government power to the point that the votes don’t matter any more and Congress is saddled like a donkey with serving his fascist programs. Hitler managed this with his Enabling Act.[18] Congress has outshined that metric. The power to nationalize businesses and banks and print unlimited amounts of money is now an economic version of the Enabling Act. Obama is our new Fuehrer.

Resistance:

Some people object of Obama and his Jeremiah Wright-inspired racism and ideologies. Obama said Americans believe "the religion and culture" of all people must be respected and that every person in the world should "be free to speak their minds."[19]-- Obama: Human rights important to US-China ties (AP) – 6 hours ago July 27, 2009 as of 4:04 PM.

Really? We then wonder if Obama and Pelosi will try to muzzle Rush Limbaugh and others who criticize the Democrats.  This definition of ‘human rights’ is a joke and a political fiddle made to be played only with certain tunes. Perhaps Obama will join with human rights demonstrators against Hamas in Gaza  on the point that “… that requires female attorneys to wear headscarfs[sic] and long-sleeved dresses while they are in court.[20] What did he say about “people clinging to their guns and religion?”[21] He speaks with forked tongue. I would be happier if Hillary Clinton and Nancy Pelosi were required to cover their heads. So would my dog.

Not to even attempt to refute the foolish idea that political power rests only in the hands of the elected, we must look at Al Gore and his formal EcoNazism. The notion that our oceans will boil or rise with CO₂ levels is so preposterous as to invite a kazoo-honking crowd of hecklers to the podium until we note that many in the higher level fascist organizations in the energy world are all in favor of it. So called ‘scientists’ will now mumble in excited clusters  in the hope that they will get lucrative government contracts to do ‘research’ to reinvent car batteries, windmills, clean coal operations and solar cells. When confronted with a tautological intermezzo of ‘global warming follies[22]’ the victims of his scheme fail to recognize that his prediction was backward and that the temperature of the earth is now falling on average.  Does Al know about sunspots? The fact that his computer models[23] were reading toward the rear is no concern to those who wish to get in on the juicy profits from taxing and selling new forms of energy at wild profits. Any lie that works is a workable lie. The craft of science is now polluted with hucksters and frauds that are paid to endorse predictions that are silly or backward. This is a superficial marriage of Lysenkoism and Fascism. The proposed Cap and Trade taxes would be world wide.[24] There are the faint hopes for revolutionary changes requiring new inventions such as super car batteries.[25] We have made little engineering and scientific progress on batteries since 1805 but the slobbering hope and wild spending for such a marvel give some kind of emphasis and sanction to a massive transformation of our transportation system and new forms of taxes. Such a tax system would raise costs for everything produced anywhere on the planet. Revenues of such a tax would give unlimited power to power brokers to pick and choose what economies will be successful and which must be eliminated. Efficiency would be reduced, jobs would be lost and corporations would be dissolved because the stark business reality of negative earnings in the near and long term.  Exporting nations such as China, Brazil and India could be intimidated and their products declared an Enemy to the Environment by this new Lysenkoism.

And what would a society envisioned by Al Gore and The Clintons and Barack Obama look like? How about California?[26] States like CA, NY, NJ, MD, MI and OR are blue blue states that overwhelming voted for Obama and practice wild and massive spending on government in their respective states and endorse higher and higher taxes as the solution to government financing difficulties. These states have no financial stability. They are financially and morally bankrupt. California is an economic basket case and headed for financial default yet the New Fascists in Sacramento and Hollywood are the most loyal to Obama. They are also the states with the highest unemployment rates, the highest crime and drug addiction rates and the highest and most obnoxious anti-corporate taxes and policies and all of them abound in EcoNazism. These states now foster the highest possible hostile environment for entrepreneurs in the world. Their solution to every known problem is more taxes and bigger government.[27]

Many of California problems derive from people like Nancy Pelosi [a.k.a. Spartacus] ^[28]who “…don’t care if they are disliked.”[29] This is certainly the case. California has plunged into the drug and crime culture so deeply it is questionable if they can return to the surface. [30] Their handling of financing and ‘education’ are prime examples of how NOT to run a society. They are going broke spending money they don’t’ have and use some short-term political logic and blame of others to keep their self esteem.  They must believe that Obama will rescue them if they default, and he might.

Much of the world is heading for a depression[31] and it appears that US policy is to drive everyone into some kind of inflation trap. Printing money is economically suicidal and nobody has ever printed so much money as the US. But, some countries are resisting the psychotic measure of ‘quantitative easing’ as the penalty is very great and economies might require decades to pay off debts. Inflation wipes out currency but does not change the value of hard assets. So, the inflation must be used as a political weapon to raise taxes to the absolute limits and draw off as much liquidity as possible into the tax coffins. Hopefully for the Progressive Nazis[32], the inflation will force people to convert their tangible assets to worthless currency and thus deplete their wealth. There is no other reason to encourage inflation.

There will be winners and losers in this battle and those who succumb to the phony EcoNazism will lose. Thusly, China, North Korea, India and some other countries are not willing to partner in some phony scheme to destroy commerce and stick us with zero growth perhaps for decades to come.  As such, they must become targets of the New Fascists or the Progressive Nazis. Trade embargoes and other credit restraints must accompany any dealings with those countries who resist Obama and Al Gore and EcoNazism.

From Colonel Klebb:

"We are open to talks with North Korea. But we are not interested in half-measures," Clinton said. "We do not intend to reward the North just for returning to the table."—Obama Administration view as taught to the world by Hillary Clinton.

This is just the hangman demanding that the recently condemned must agree to certain styles of rope and agree on some fine details on how trap doors work.  The ‘human rights’ issue will be used in a similar fashion to bludgeon the Clinton enemies. This is like sticking a knife in your back and only giving it a half turn.

We can learn much from the Obama treatment of North Korea, Iran and Sudan in the coming months. We may find that the IMF and other organizations will boycott or cease lending to them when the world economies sink and they need help. The tariff wars may soon begin.

So, we have a sophist and an ideological racist who was politically  fine-tuned by Jeremiah Wright and launches into the xenophobic clouds on matters of race[33] e.g.-- howled that the police acted ‘stupidly’ without any evidence or accurate information in the Gates Crisis--has wild support from Africa, the welfare rights crowd, certain terrorist groups like the Black Panthers, the prison guests, the unions, most of the Middle East and Europe  and who, we observe,  has no experience other than 160 days as a ‘senator’ and has his little finger on some 50 trillion dollars in assets and wants to ‘spread it around. ‘

Ready for a change? That change is coming.

"And it's not surprising then they [now read liberals in power] get bitter, they cling to tax machines or drugs and have antipathy to people who aren't like them or pro-illegal-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."[1]—My paraphrase of Barack Obama’s off camera remarks in what he thought was a safe environment to express his views.[1] [Emphasis is mine in all quotes.]

It is difficult to find a more bitter, twisted, racist and criminal crowd than the current occupants of the White House.

rycK

Comments to: ryckki@gmail.com

Clinton Must Apologize to North Korea for Her Undiplomatic Rant. She Disgraces the U.S. as Usual.

We exist in a world of many cultures and ideals and must manage conflicts where possible.  Our government, as in the cases of World Wars One and Two seem to have provoked sovereign states into aggression, as in the demonstrated case of Japan and Germany, and joined others along political lines all for the prize of some 80,000,000 dead bodies scattered around the landscape. The history of the age of diplomacy is convoluted with puerile bickering and brash actions. The current international political blunder created by Hillary Clinton[1], possibly linked to the Obama administration, although this is vague, similar to the economic and political isolation of Israel, foments war and social unrest in Asia because of the obtuse treatment of North Korea. Out of some 190 countries in the world many more besides NK are deserving of some attention with respect to their social conduct. Perhaps we can pass them on the stringent metric that they are not working on nuclear weapons or ballistic missiles or both. Rwanda and Cuba, thusly, get a blue ribbon and so does Venezuela.

Here, we must accuse North Korea of doing exactly what dozens of other countries have done.

“Clinton, who this week likened North Korea to an unruly child, has rallied international isolation of North Korea at a 27-member regional security forum here. She met with her Russian, Chinese, South Korean and Japanese counterparts -- the other key partners in suspended six-nation disarmament talks on North Korea -- and won strong statements of support from many delegations.”[2]-- N. Korea Escalates War of Words, Calls Clinton Vulgar, Unintelligent By Glenn Kessler Washington Post Staff Writer Thursday, July 23, 2009 6:01 PM [Emphasis is mine in all quotes.]

"There is no place to go for North Korea," Clinton told reporters after reading a nearly seven-minute statement outlining U.S. policy on North Korea. "They have no friends left."—Hillary Clinton July 23, 2009.

And:

"What we've seen is this constant demand for attention," Clinton said. "And maybe it's the mother in me or the experience that I've had with small children and unruly teenagers and people who are demanding attention -- don't give it to them, they don't deserve it, they are acting out."—Hillary Clinton July 23, 2009.

Vintage Clinton: Mouth open, tonsils rattling in harmonic sympathy with her saber and toxic venom assailing the pulpit and microphone before her.

So, for the record, what has North Korea done to deserve this? They sell arms! Can we please examine the role of the peace-loving Swedes who sold weapons to all sides who had money for 150 years while masquerading in the clownish garb of ‘neutrality?’ No condemnation for this? They are working on nuclear weapons! So are others.

How about human rights abuses? Can we please give Zimbabwe a pass for their grand works and merely treat them like the state of Arkansas but dump on North Korea.  Can we wonder why the USSR was never subjected to a War Crimes Tribunal as was the case for Germany?  Didn’t they send the Cheka[3] and more advanced groups such as the KGB and GRU around to liquidate a few dozen million citizens in their own country and their satellites? Walter Duranty[4]--, the Patron Saint of the New York Times, got a Pulitzer Prize for his disinformation and distortion of the Russian pogroms because they were—what-- allies?

The logic that defines the diplomatic stance against North Korea apparently seeps from the Bush administration into the current scene from thinking like this:

“But after North Korea tested ballistic missiles and a nuclear weapon, the Obama team shifted course, viewing North Korea as a test case to demonstrate that substantial sanctions could be imposed on nuclear rogues while still holding out the promise of a better relationship.”-- Obama Administration view.

This reminds me of the old colonial days  of the 19^th century where the major powers had seized most of the earth’s land spaces and all of its waters and then issued edicts about the excesses of imperialism and conduct of others. It reminds me of the year 1453 when cannon fire aided one aggressor and an empire was lost. Could India have brought up similar charges against England? How much blame can we heap on Africa for slavery? None?

North Korea has a very valid point here based simply on hypocrisy. Apparently, they are to be subjected to some ethereal mandate to dissolve their missile and nuclear weaponry programs because it is time to “halt this process” for “reasons of peace and world stability.”

The ultimatum:

"We are open to talks with North Korea. But we are not interested in half-measures," Clinton said. "We do not intend to reward the North just for returning to the table."—Obama Administration view as taught to the world by Hillary Clinton.

Can we take this stilted diplomatic position and restructure it a bit and then impose it on Hamas in Gaza or Iran or South Africa or Syria? Or, do we have different rules for other countries? The theories on nuclear weapons and their operation date back a hundred years or so and the process to make such devices is entirely an engineering activity—not something that is esoteric or something that involves new inventions. Everybody can have a nuke if they wish.  We will talk and you will listen and then pop tall and obey.

What we suffer from now is the sickening hypocrisy derived from the singular point of power: We are powerful so we make the rules.

There is nothing in the Clinton Rant to suggest that North Korea, Iran or anybody else can trust the Obama administration as they listen to the howls of a crooker lawyer who made millions from political influence.  We cannot trust Obama with the handling of the economy any more than we can trust him on diplomacy. He is failing in all that he does.

Clearly, this is not the path forward to any resolution of nuclear weapons in the world. To think that a person with such an antisocial personality disorder can deliver a civil message to the public or conduct negotiations around the world is monstrous leap of faith. Hillary is not the kind of person to be trusted by her words or to deliver even the mail. She and Obama are the New Fascists.

She should resign and other methods suggested giving North Korea some alternatives. They did not invent nuclear weapons and will not be either the first to sell, employ them or make threats with their potential power.

Hillary should resign in disgrace. Her personality and rants mark the demise of our society.

rycK

Comments: ryckki@gmail.com

 A Strong Brown Light Shines on our Economy. And, We Spend More?

Abstract: Many economic sectors of the world are crashing in a debt-driven downward deflationary spiral and not enough alarms are being sounded. The consequences of debt are obvious in Spain, Ireland, California, New Jersey and other places yet the US seems to want to keep on spending. Economic disaster looms.  They left keeps on spending and borrowing with no end in sight and must realize what they are doing to our economy. That means the far left must have some plan to deal with social unrest and worse if the economy crashes in a blizzard of inflated money. Our dollar may become worthless and we might even get a second Bank Holiday-FDR style—where they close the banks and give us  back a dime to the dollar—a neat 90% wealth tax.

Many times I have attempted to alert the readers of my blog that bad times are ahead due to excessive debt. [1][2][3] We are in massive debt and subject to crushing punishments in order to pay that mountain off. [from a previous blog]: Our government has now chosen to fight this deflationary spiral with massive spending and hence massive debt. This is called monetizing the debt[4] and it has never been successful in curing any financial problems.  The process always leads to inflation or hyper inflation if the inflation rate exceeds 50% per month.  If the poor depend upon social program and housing assistance and welfare paid by others then we can suggest that those who provide the jobs be given preference when constructing measures to fight deflation. The government does not share this vision.

Apparently, since the tax structure was warped enough to allow the ‘poor’ to escape most taxes they seem to feel no risk if we ‘soak the rich’ and get on the reparations bandwagon. [5] Since the ‘rich’ provide almost all the jobs and all the funding in the US this notion flies into the steamy jaws of insanity but makes for a good political argument. California has spent more than a decade ‘fighting spending’ and loving every dollar they spend while celebrating all those expenditures. The salaries are high, the bennies wonderful in the extreme and they have such a neat society. [6] If only they could hike taxes on property and more on income and corporate taxes they could have Splendor[7] with Grass.[8]

Ireland has been in trouble with massive spending for a while and has been the subject of impending disaster by Ambrose Evans-Prichard of the London Telegraph.

 Four days ago, he wrote this:

“Events have already forced Premier Brian Cowen to carry out the harshest assault yet seen on the public services of a modern Western state. He has passed two emergency budgets to stop the deficit soaring to 15pc of GDP. They have not been enough. The expert An Bord Snip report said last week that Dublin must cut deeper, or risk a disastrous debt compound trap.

A further 17,000 state jobs must go (equal to 1.25m in the US), though unemployment is already 12pc and heading for 16pc next year.”[9]-- Fiscal ruin of the Western world beckons. For a glimpse of what awaits Britain, Europe, and America as budget deficits spiral to war-time levels, look at what is happening to the Irish welfare state. By Ambrose Evans-Pritchard
Published: 5:40PM BST 18 Jul 2009 [Emphasis is mine in all quotes.]

Anybody paying attention to California and can see some parallels?[10][11]

“No doubt Ireland has been the victim of a savagely tight monetary policy - given its specific needs. But the deeper truth is that Britain, Spain, France, Germany, Italy, the US, and Japan are in varying states of fiscal ruin, and those tipping into demographic decline (unlike young Ireland) have an underlying cancer that is even more deadly. The West cannot support its gold-plated state structures from an aging workforce and depleted tax base.”-- By Ambrose Evans-Pritchard 18 Jul 2009

Really? Well, they are going to try. California has no intention of cutting the astronomical salaries of teachers and state employees. They are going to tax anything they can and then crawl to Washington for a bailout.

Evans-Prichard sums up like this:

“The Fed's doctrine – New Keynesian Synthesis – has let it down time and again in this long saga, and there is scant evidence that Fed officials recognise the fact. As for the European Central Bank, it has let private loan growth contract this summer.

The imperative for the debt-bloated West is to cut spending systematically for year after year, off-setting the deflationary effect with monetary stimulus. This is the only mix that can save us.

My awful fear is that we will do exactly the opposite, incubating yet another crisis this autumn, to which we will respond with yet further spending. This is the road to ruin.”

And, that is just what is happening. There is no way the left can either cut spending or allow tax breaks for corporations that provide necessary jobs. They think they can tax and spend their way to power, a reasonable assumption given the recent political outcome, and then restore the economy with huge government spending and more and bigger government.

From an edited  previous blog: “Only half of the 130 million workers in the US pay taxes so a trillion dollars winds up to be $16,000 in tax liability for each worker who pays taxes. [12] Note that 20 trillion in debt becomes $320,000 in tax liability per worker who makes over $50,000. That means that the total equity [and more] of the homes of the average worker is in jeopardy.  The only people who can pay high taxes are those with wealth and property and they will be asked, or forced, to pay for most the new spending, debt service and new social programs. This debt is so large that it impacts the 401(k)s now so popular since Social Security is a grim  joke. The temptation by government is to seize the 401(k)s and blend this money into some federal retirement system patterned along the same lines as the USSR plan. All that wealth vanished in inflation by 1990.”[13]

So, if we assume that this information is common knowledge and above the crass cognitive skill base of the low class, then we wonder what the intent might be. We must assume that the leftist ‘intellectuals’ believe in at least some form of economic sanity and must accept that this massive debt and spending are not sustainable. Or do they? What if the system crashes and they can blame capitalism? Did the Bolsheviks lose anything when they grabbed the loot of the Czar and spent it all away on wars??

We better give some more thought to the motives of those who pull the purse strings in American and that begins with Nancy Pelosi and Harry Reid. Do either one of these political stuffed vegetables understand that if we keep printing money we will crash in a blizzard of worthless money? Unfortunately, we have losers and sophist ding dongs like Little Timmy Geithner [14][15] who promises us he can unwind this mess.

"We have the deepest and most liquid markets for risk-free assets in the world. We're committed to bring our fiscal deficits down over time to a sustainable level.

"We believe in a strong dollar ... and we're going to make sure that we repair and reform the financial system so that we sustain confidence," he said.”[16]-- Geithner tells China its dollar assets are safe On Monday June 1, 2009

This is not possible if we soar beyond the Gladwell’s Tipping Point, where we are certainly headed:

“Today we call this [e.g. the point where you cannot return ed]  "Gladwell's tipping point". Once it goes, you can't get back up. This is why the Federal Reserve has resorted to emergency measures that seem mad at first sight.”[17]--Federal Reserve is damned either way as it battles debt and deflation By Ambrose Evans-Pritchard 18 Dec 2008 [Emphasis is mine in all quotes.]

I am not sure whether the liberals are already geared up for this collapse and could use the destruction of our currency to nationalize everything in sight. We would still have tangible assets but no way to buy or sell them and would be subject to government regulations for food and energy, now being taxed as astronomical levels.

Obama favors huge energy taxes[18], an undisputed fact, and a tax that does not appear in the political discussions. If new energy taxes are passed along to consumers by corporations then the customers will pay the higher price. That is an indirect tax. In theory, corporations pay no taxes at all because all taxes are included in the costs of production hence they are included in the price paid by the end user. The notion that the ‘poor’ will not have to pay for the higher intrinsic taxes embedded in commodities like tooth paste and sodas is ludicrous. But, such nostrums are the very essence of political persuasion. The crevasse that separates the leftists from the capitalists forces the advocates of the have-nots to be devious and dishonest. They cannot tell the truth about taxes. They have few options other than begging or threats. The black black box [theory on inputs, mechanisms and outputs] must generate outputs in concert with this disinformation mandate and it does exactly that.[19]

So, we are showered with lies from idiots:

The Tax Essay:

Obama statements about taxes in a debate with Hillary:[20]” I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes. [Emphasis is mine in all quotes.]

President-elect Obama famously claims, “I’ll give a tax break to 95% of workers and their families.” [21] 

Writing in The Wall Street Journal on Nov. 3, 2008  Obama said, “If you work, pay taxes, and make less than $200,000, you’ll get a tax cut.”[22]

This essay [from Nov. 2008] surges on and on while the actuaries and accountants show that people making about $80,000 will certainly experience an income tax increase. 95% of the workers yield for us the implausible number of about 125,000 people who would get a tax cut not counting illegal aliens and criminals who ‘work.’

Joe Biden [Plugs the Buffoon] has clarified this for us:

“"Read my lips," Biden said, using Bush's famous phrase while referring to a Barack Obama administration.”Nobody, nobody making less than $250,000 is going to see a penny of their taxes go up."[23]—Biden[24] in an incoherent rant at some county fairgrounds near the campus of Ohio University in Athens on Oct 15, 2008.

There is not a single word of truth in the Obama platform since the summer of 2008, a year ago. Now, we face massive taxes on energy and health care and everything we can think of.  The fed has printed some. Obama believes in the green revolution and tax whoring behemoths like Global Warming[25] and Carbon Caps[26] that will our destroy society like they are  doing now in England.[27]

Get ready to lose all your assets including your homes and your savings money in a massive inflationary blast. The liberals are hungrily waiting to grab all that you have and ‘redistribute’ it to the ‘poor.’

My awful fear is that they are planning another Bank Holiday so they can close doors, freeze accounts and then pay out ten cents on the dollar. That would be a 90% wealth tax and very fitting and proper under leftist theories.

rycK

Comments to: ryckki@gmail.com

The Babbling Brooks of the NYT Babbles about the Suicide March of Liberalism

 Abstract:  Brooks tempts the demons at the Times by playing with the hard political truths.  He seems to unwrap the dead fish embedded in the foundation of the Obama Farce and spread the aroma around just in time to encourage some moderate Democrats to sink ‘essential’ socialist programs like Health Care and other tax follies. He is dispropagandizing the populace with this heresy. He oddly equates the demise of both parties with a certain parallelism as they march to doom.  He credits the ‘moderates’ with garnering the fortitude to stop the Obama Juggernaut. He better get Herbert or Gail Collins to supervise his written work. He runs amok.

As we read the NYT—aka the Walter Duranty Papers[1][2]--a turn-of-the-crank Marxian siren, we must always be prepared to suffer violent assaults on simple logic or, most likely, suffer through a redacted and spun version of political and economic reality ensnarled with the news and the current urgent urgings of the despotic left.  The normally sticky nostrums and backward-looking conclusions are mostly tautologically wrought and boiled daily like tripe by the New York Times and today, as is their custom, the Chief Babbler David Brooks,[3] [4] speaks as a conservative token from The Old Gray Lady, and instructs us , surprisingly in the negative progress of the Obama administration’s  approval ratings. He needs some help.

Brooks begins:

“It was interesting to watch the Republican Party lose touch with America. You had a party led by conservative Southerners who neither understood nor sympathized with moderates or representatives from swing districts.”[5]-- Liberal Suicide March By David Brooks Op-Ed Columnist. July 20, 2009 [Emphasis is mine in all quotes.]

“It’s not that interesting to watch the Democrats lose touch with America. That’s because the plotline is exactly the same. The party is led by insular liberals from big cities and the coasts, who neither understand nor sympathize with moderates. They have their own cherry-picking pollsters, their own media and activist cocoon, their own plans to lavishly spend borrowed money to buy votes.”-- Liberal Suicide March By David Brooks

One can wonder what the difference is here.  The salient fact is that both parties lost control of spending and that is not so interesting as an element in history as it will be when inflation soars. Stay tuned for some excitement in the financial markets. We will make world history and set new records in the bond markets.

 Statistics:

 “Approval of Obama’s handling of health care, for example, has slid from 57 percent to 49 percent since April. Disapproval has risen from 29 percent to 44 percent. As recently as June, voters earning more than $50,000 preferred Obama to the Republicans on health care by a 21-point margin. Now those voters are evenly split.”-- Liberal Suicide March By David Brooks