THE FALSE STANDARD

Richard_NixonArticle by Barbara Cornell

Syndicated by Barbara Cornell’s personal blog.

August 15, 2011 was the 40th anniversary of our official abandonment of all pretense of having a gold standard.

And marks the last substantive opportunity to avoid our nation’s downward spiral into bankruptcy. (We’ve had times when our government voluntarily refrained from spending more than those of us who apply our efforts to useful production could compensate for, but they were brief, fleeting anomalies).

The reason being that once a currency has no inherent value, it can be manipulated and devalued by political machines.

But, in fact, gold itself is a currency with no inherent value.

Gold has always been a «false standard» because gold has no inherent value. You can’t eat it, can’t make shelter out of it, it’s too soft to make functioning tools or weapons. It has a few, limited industrial uses but few of them can’t just as easily be accomplished by other materials. Its only value lies in:

It’s pretty, it’s rare and difficult to get to and: people agree to take it in exchange for things that do have inherent value.

investing-in-goldThe fact that it has consistently for many centuries been widely accepted as a value holder is why it’s the standard. Gold’s increasingly «false standard» is displayed in its comparative «value» to silver better than anywhere else. Silver has exactly the same inherent value as gold (it’s pretty…), and for many centuries gold and silver held approximately the same «value» (people accepted gold in exchange for inherently valuable commodities at approximately equal or up to twice the rate of silver), but gold has been increasing in «value» much much faster than silver. (As of today, gold sells for $1818 per troy ounce and silver for $40, a differential of 45 times.)

The difference between gold and currency issued arbitrarily by an entity (currencies haven’t always been issued exclusively by governments) is that its perceived value has maintained its independence from policy makers and was one step removed from its direct manipulators.

The only thing that can assure a population’s currency is not subject to manipulation is direct barter. And that sucks.

For centuries, the next best thing was gold.

But nearly anything is better than letting the value of your entire life’s work depend on Ben Bernanke’s morning bowel movement being satisfactory.

Реклама

PUTIN STASHES TONS OF GOLD, WHILE AMERICA BURRIES ITSELF IN PLAY MONEY

putinArticle by Tim Wikiriwhi.

Syndicated from Eternal Vigilance.

EDITOR’S NOTE: Mr. Wikiriwhi is a Transegoist sympathizer; not a Transegoist — our syndication of his article does not indicate that he endorses the Transegoist philosophy.

Ron Paul must be reading the News saying “I told ja! I told ja!”  Everything he said about the corruption of the Federal Reserve, its abandonment of the Gold standard, Its «quantitative easing» is all coming home to roost.

The American Dollar is finished.  Putin knows it.

From the New Zealand Herald (B8 18-2-13):

“When Vladimir Putin says the US is endangering the global economy by abusing it’s dollar monopoly, he’s not just talking. He’s betting on it.  Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest Gold buyer.  His central bank has added 570 tonnes of the metal in the past decade…”

Read more about it here: Putin Turns Black Gold to Bullion as Russia Outbuys World.

Read about ‘Quantitative Easing’ and The collapse of the American dollar here.

Source on both links: [www.Bloomberg.com].

EDITOR’S NOTE: Mr. Wikiriwhi is currently running for mayor of the city of Hamilton, NZ, as the Libertarianz Party candidate.

HOW THE CENSUS MESHES WITH BANKRUPT TOTALITARIAN SOCIALISM

wikiriwhi-for-HCC-001Article by Tim Wikiriwhi.

Syndicated from Eternal Vigilance.

EDITOR’S NOTE: Mr. Wikiriwhi is a Transegoist sympathizer; not a Transegoist — our syndication of his article does not indicate that he endorses the Transegoist philosophy.

On the reoccurring theme of «What is the proper roll of government?» I submit to you a frank article about the New Zealand census.

Thomas Jefferson wrote “He who governs best governs least.” He penned the American Declaration of Independence, which actually defined what the proper duties of government are: to defend the God given rights of the individual, which is a very limited sphere of operation, which does not include the supply or control of such services as education, hospitals, arts and sports, etc, all of which are the proper sphere of free enterprise and private, voluntary associations.

It is because western society has forgotten such enlightened principles which motivated Jefferson and the founding fathers of America, and instead have adopted a totalitarian socialist conception of government where the prevailing belief is that all of life’s problems have political solutions, as a result of which, Western civilization teeters on the brink of absolute economic collapse and chaos.

Understand the gravity of the situation; the rationale that underpins the so-called justification for having the compulsory census.

tyrannyThe image above is the Cover picture from the Government Facebook page, Census NZ.

This image is case in point as to why the enlightened Kiwi is outraged by the underpinning arguments which Census NZ and the New Zealand government use to vindicate this compulsory violation of our privacy; i.e., that the information gathered will be used to for their «social planning.»

Bread and circuses, anyone?

Notice how this picture appeals to the unthinking: the «Government as the font of all culture; get someone else to pay for it» mentality.  «More drag strips, more skate parks, more gigs and festivals, more sports,» etc., ad nauseum.  Notice that it completely forgets to add: “More taxes, more rates, more debt, more compulsions and property violations, more government poking its nose into things which are not its business to be involved in!»

SCCZEN_A_180410NZHAGV807_460x230Now I like drag strips and concerts as much as anyone, yet I am not so stupid as to believe that these things are only possible via political interventions.  I also know that every time the government or city council builds a stadium or sports facility and events that they always run massively over budget and put us into massive debts, and, ultimately, end up costing rate payers and tax slaves tens of millions of dollars…every…time.

Three examples from my home town of Hamilton will suffice as examples:

The rugby stadium.
The V8 supercars.
The Claudlands event center.

Each of these cost Hamilton ratepayers many tens of millions of dollars over the price the Hamilton city council told ratepayers they would cost!

Via consecutive socialist meddling, the HCC has racked up $500 million in debts!

pigAnd what needs to be appreciated is that this bankrupt situation is the norm across the globe in Western socialist democracies; i.e., socialist politicians are systematically bankrupting their captive populations.  Debts are skyrocketing and rates are going through the roof, yet nobody seems to be waking up to the fact that city councils ought not to be involved in such ventures at all — they are best left to free enterprise and voluntary associations, which are much more realistic about how such things get built and on what scale.  Most importantly, they don’t demand money via compulsory taxations upon the community; i.e., little old ladies living on pensions don’t face rent increases or rates hikes to pay for the white elephants and delusions of grandeur which big mouth, big promising politicians spout at election time to get elected.

If the figures don’t add up, they don’t get built — its as simple as that.  I.e., economic reality prevails; not ridiculous socialist whim.

The sort of people whom support any sort of government involvement in such things are either ignorant, evil, or both.

The ignorant have not figured out that such things will return to haunt them via higher rates, rents, and costs for necessities in goods and services, and the evil don’t give a d@mn [expletive redacted] if people who don’t like rugby, etc., are forced to pay for new stadiums etc.; all they care about is having a flash new place to worship their sporting Gods.  They are too stupid to realize that better stadiums and facilities could be established via legitimate means without the use of draconian powers of compulsion.

Hamilton News points out that the publicly funded Claudland’s Event Center operates under a $1.42 million annual deficit; even as tax payers continue to express outrage of the V8 debacle.

The New Zealand Herald quotes City of Hamilton debt estimates as a result of the V8 debacle as being around $37.4 million, with a total municipal annual debt of around $100 million.

EDITOR’S NOTE: Mr. Wikiriwhi is currently running for mayor of the city of Hamilton, NZ, as the Libertarianz Party candidate.

HOW FAIR IS THAT?

8137324Article by Richard Goode.

Syndicated from Eternal Vigilance.

EDITOR’S NOTE: Mr. Goode is a Transegoist sympathizer; not a Transegoist — our syndication of his article does not indicate that he endorses the Transegoist philosophy.

Yesterday I opened a letter from my bank informing me that they had recommenced raping my bank account — at the behest of the IRD. “Fair” enough, I suppose. It’s the IRD’s job to be fair. Why me? I guess I must “owe” them money because I don’t “pay” them anything.

Then I watched BBC World News. I was flabbergasted to learn that the Cypriot government is proposing to rape the bank accounts of literally everyone with an onshore bank account. Luckily, it’s a one-time tax, in which Cypriots stand to lose 7% to 10% of their life savings in one hit, rather than the easy weekly payments I have to contend with. How fair is that?

Robert Tracinski of Real Clear Politics says:

«The news broke over the weekend that in exchange for a bailout — or ‘bail-in,’ whatever that means — of banks in Cyprus, bank deposits would be hit with a one-time ‘wealth tax’ of 7% to 10%, depending on the size of the account. One expert sums up the reaction in the markets: ‘traders and investors are aghast.’ So are depositors, who quickly emptied the island’s cash machines.»

This is one of the biggest bank heists in history, and it is being carried out, not by the crew of charming rogues in your favorite caper flick, but by finance ministers. So it’s an inside job.

For an informed analysis of this latest episode in the Eurozone crisis, read Liberty Scott’s latest post. Scott notes that:

«The Cypriot Parliament, which must vote on this law, wont do so until Friday. Cypriot banks will remain closed until then. Will this trigger panic more widely? What would you do?»

WWJD? (Trick question, Jesus never had a bank account.) To my mind, the proposal is so unthinkable that it’s unthinkable even to propose it. It’s g0dd@mn communism! Let’s hope this proposal isn’t adopted but, even if it’s not, as Scott notes, “the damage is done to Cypriot banking.” Deposit funds into an account with the Bank of Cyprus? Yeah, right.

Lindsay Mitchell has just the right quote:

«Any government big enough to give you everything you want is big enough to take away everything you have.»

and Queens of the Stone Age have just the right song:

«First it giveth,
Then it taketh away.»

OBAMA-CARE DEATH PANELS WILL TARGET CIGARETTE SMOKERS

smokerArticle by Turner Bird Cox.

Syndicated from Thin Red Line News.

Cigarette smokers will have to pay much higher premiums for health care under the Affordable Health Care for America Act (a.k.a., «Obama-Care»), and may become the main focus of Obama-Care’s «End of Life Care Panels» (a.k.a., «Death Panels») to put a majority of smokers on anti-depressants or SSRIs.  First, cigarette smokers will be given higher Obama-Care premiums which will give the doctor an opportunity to prescribe anti-depressants or SSRIs.  Anti-Depressants or SSRIs change the chemistry of your brain and can have side-effects if you stop taking them. The idea is to never take them.

The questions are, how many cigarette smokers will quit and how many seek medical help, and how many cigarette smokers will resort to anti-depressants as they quit smoking? The FDA has developed an acronym called (SAD), or «Seasonal Affective Disorder,» and now prescribe anti-depressants for people experiencing depression when the seasons change. The FDA is looking for any way possible to prescribe every person an anti-depressant.

Furthermore, cigarette smokers will have to prove that they have quit smoking.  A simple hair test can show signs of smoking up to 90 days; in some cases as much as up to a year.

Finally, you cannot own a gun because you have used anti-depressants and are mentally unstable. Obama-Care will apply the same concepts to any «unhealthy» item such as soda, alcohol, and marijuana.  The government will tell you what you can and can’t eat while forcing you to pay for it.

KNOCK-OFF HANDBAGS AND MEDIA PIRACY FUND TERRORISM

325634Article by Mark I Rasskazov, Editor in Chief.

Forget drugs, forget oil, forget wealthy religious extremists — the fiat currency of terrorism is knock-off handbags and bootleg DVDs: so says a source I’ve spoken to who shall remain anonymous.  According to this source, these kinds of items, along with knock-off Tiffanys’ jewelry items and other counterfeited luxury items, are the primary means by which criminals and terrorists get their money from «Point A» to «Point B.»

It seems unbelievable.  It’s certainly one of the most under-reported aspects of the criminal world, if true.

So I did some research.

DVD RAROS BOOTLEGRonald K. Noble of Interpol via the LA Times: «The global trade in counterfeit goods is estimated at $400 billion to $450 billion a year.»  Later in the article, he is quoted as saying that: «Counterfeit cigarette trafficking by paramilitary groups in Northern Ireland and profits from counterfeit CDs and other goods being funneled to Hezbollah in the Mideast.»

Hitha Prabhakar, a noted investigative journalist, wrote an entire book on the subject.  At the beginning of the book, she quotes a review of it by one Dana Thomas: «Counterfeiting is one of the least-acknowledged, most-damaging crimes of our time. In Black Market Billions, Hitha exposes this nefarious world of the violent syndicates and the crimes they commit—human trafficking, forced child labor, money laundering—and discovers that the profits fund even worse acts such as terrorism.  You’ll never look at a fake Louis Vuitton handbag the same way again.»

It seems the issue is important enough to have garnered the attention of Congress, as well.

terrorismIt has been put to me in the following manner: «You cannot board a cruise ship with more than $9,999.99; if you want to transport $10,000.00, the way you do it: you take a bunch of knock-off hand-bags and sell them to a contact in the destination country.  Every time we catch a terrorist, he’s holed up with weapons, explosives, and tens of thousands of bootleg CDs.»

It seems heroin is for amateurs.  The pros deal in faux Versace, apparently.