Tag Archives: Huxley’s “Brave New World”

Nov 8 2015

It Is Always About the Money


Red Light Traffic Cameras & Money

Re-Posted on November 8, 2015 by

NJ-Cameras

The huge difference between the USA and Europe happens to center on the criminal trial of Sir Walter Raleigh. After the death of Queen Elizabeth March 23, 1603. Raleigh was arrested and imprisoned in the Tower of London within months on the 19th of July. Raleigh was tried in the Great Hall of Winchester Castle for treason, on November 17th, 1603 for his alleged involvement in the Main Plot against King James.

Raleigh Sir WalterYou were not entitled to a lawyer and you had to conduct your own defense. The evidence used against Raleigh was the signed and sworn confession of his friend Henry Brooke under threat of death by the King. Raleigh requested that Cobham should appear in court to allow Raleigh to confront his accuser; “[Let] my accuser come face to face, and be deposed. Were the case but for a small copyhold, you would have witnesses or good proof to lead the jury to a verdict; and I am here for my life!”

Raleigh was denied his right to confrontation and was summarily convicted. King James spared his life, yet he remained imprisoned in the Tower until 1616 where he wrote his famous first volume of The Historie of the World published 1614.

Because of this famous trial of Sir Walter Raleigh, the American Revolution included within the Sixth Amendment  expressly state: “in all criminal prosecutions, the accused shall enjoy the right…to be confronted with the witnesses against him.” Unlike Europe, in American you cannot get a speeding ticket from a camera because you must have the right to confront your accuser.

After a 5 year pilot program which began in 2009 and operated in about two dozen New Jersey municipalities, came to an end on  in December 2014, cities were crying they wanted the money. Towns big and small have raked in millions of dollars in fines since the program began. Some busy intersections have produced more than 20,000 citations in a single year. But all they could do is fine you, no points on your license. WHY? Because you do not have the right of confrontation so it would be unconstitutional thanks to Sir Walter Raleigh. The red light cameras have caused more accidents when people abruptly stop on yellow lights unexpectedly. They have done nothing for safety, only raised money for broke municipalities. You can even tune into cameras to see traffic.

Nov 7 2015

The end of Merkel, Germany and the EU


Merkel May be Forced From Office Over Refugees

Posted on November 7, 2015 by

Mother-Merkel

Merkel’s refugee policy has really divided Europe, no less her own country. This issue appears staged to bring about her downfall. It was 17 days ahead of the ECM turning point on September 13 (2 x 8.6) when Merkel reimposed border controls; the cornerstone of Europe was to be the freedom of movement. She has certainly divided Europe. It is starting to appear that her days are numbered.he end of Merkel, Germany and the EU

Nov 7 2015

Wall Street’s Manchurian Candidate?


Now this is scary!

Nov 6 2015

These trends are very hard if not impossible to stop and the next one is going to be significant — either real freedom or 1984!


The Sixth Wave

Posted on November 6, 2015 by

Sixth-Wave

security_guard_camera_anim_500_clr_14148Yes, we will be addressing the seriousness of the culmination of the last three waves. 2015.75 was the start of the Big Bang — the midpoint in this immediate 51.6 year wave. This sequence of the 309.6 year wave began with the revolution against the monarchy; what comes this time is either real Democracy or authoritarianism. Government is doing everything in its power to achieve the latter.

They KNOW what is coming. Everything they created is crumbling before their eyes. Socialism has been robbing the people to further the corruption in government. It has lowered the living standards and has subsidized education and medicine to the point where they no longer need to be competitive. These are two areas that will need serious reform. Tracking money and people will not prevent the demise of the political-economic system we find ourselves within. What comes after this crisis is the unanswered question.

Nov 6 2015

What makes money worth something? This is a good account of what it is.


Mainstream vs. Austrian Economics

Re-Posted on November 6, 2015 by

Gorilla-Thinking

QUESTION: Mr. Armstrong, I believe the difference between the Austrian school of economics and mainstream economics is that mainstream economists believe recessions are inherent to capitalism and can be controlled by manipulation where the Austrian school argues the causation is fiat money with or without central banking. You seem to ascribe to something in between. Can you explain?

JZ

ANSWER: Both schools are wrong for both assume that the business cycle began with the industrial revolution. The mainstream group follows Marx and Keynes and assumes the business cycle is a flaw within the modern industrial economy; the Austrian schools are fixated on assuming this is caused by paper money.

Both are DEAD WRONG. This is the same limited thinking as global warming where nobody looks at the data before 1900. Forest fires and volcanoes put up more CO2 than cars. Here the assumption is that the business cycle was somehow born with the Industrial Revolution and paper money. Sorry, any investigation of history reveals there has ALWAYS been a business cycle and its cause has nothing to do with the Industrial Revolution or fiat money. It is inherent within human nature, and we swing political systems left and right based upon the same inherent emotional tendencies of people. There will be people who flatly disagree with me that only gold is money. No matter what evidence I put forth, they will never change. The same is true of diehard republicans or democrats. Some just hate the other and they cannot even explain why they belong to those groups.

The problem with both camps is that their assumptions begin with the Industrial Age. Neither has done extensive research before this period nor have they ever bothered to look. They are fixed in their ideas and everything begins with that era. There is no testing their theories over thousands of years. It is like looking at the Dow Jones only since 2011 and concluding it always must rise.

The idea that fiat money is responsible for the business cycle is not very practical when paper-like monetary systems existed in ancient times, such as when Egypt issued coins after being conquered by Alexander the Great. Paper money was also in China, and in fact, China never issued precious metal coinage and their currency was always fiat since the emperor was God’s representative who declared what value money would be, which is precisely fiat. Fiat can be tangible coins that are debased. Gold would be fiat if government declared its value is fixed at whatever price. Fiat is the declaring of value irrespective of any commodity value.

Minoan-Ingots-3-R

Gold has NO real commodity value outside of demand nor does silver. Both were totally dependent upon demand, based upon desirability like art. Cattle and bronze had a tangible value for both served a consumption purpose as food or as plows and swords. Therefore, tangible money must have a “use” other than money.

Gold and silver were prized objects but had no utilitarian “use” value outside of jewelry. Gold was desirable but was not a vital commodity that served a purpose beyond its prized status like art. Therefore, numerous monetary systems have existed that were not gold based since the medium of exchange had to have a “use” value other than as money. That was the core of all barter systems – I give you this for that.

As far as mainstream economists assuming that government can manipulate demand, even Paul Volcker admitted in his “Rediscovery of the Business Cycle” that this idea of “new economics” has failed.

invisible-hand

I believe more in Adam Smith and the invisible hand. Money is whatever people say it is. Dictating money shall be gold, seashells, cattle, paper, or slave girls as St. Patrick reported in Ireland, is still fiat – the dictating by government what shall be money. Money is not a store of value; it is a medium of exchange. In that case, it is merely an agreed upon medium to supplant barter. That’s all.

We have two camps arguing with each other and at the core of both is the assumption that government is in control one way or another. I disagree. The people are in control and those in power are there ONLY until they go too far. A revolution always takes place. There are no exceptions throughout history. In the end, the people must consent to be ruled and it must be a rule that is fair and equitable. Whenever politicians, dictators, or kings forget that they require the consent of the people to rule, that is when they fall.

If you got this far I have posted a solution here on a New Form of Money

Nov 5 2015

This is 100% true as any accountant will tell you when you have negative CASH you are done!


Yellen Tells Congress Negative Interest Rates Are Possible

Posted on November 5, 2015 by

yellen-Janet

Reuters has reported that Yellen told a House of Representatives committee when testifying before Congress: “Potentially anything – including negative interest rates – would be on the table. But we would have to study carefully how they would work here in the U.S. context.”

Yellen may have been placating Congress for negative rates would wipe out the elderly entirely. They have failed to work in Europe in the slightest.

Swiss 1000-CHF

Negative interest rates are not working in Europe. Even in Switzerland, hoarding of cash is becoming a national pass-time. This entire idea demonstrates that those who would be king, do not understand even how the economy functions.

Paine-Common Sense

We are back to Thomas Paine’s Common Sense that inspired the American Revolution. He explained that government was evil because it operates from a NEGATIVE perspective to always PUNISH the people. This is the only way those in government ever perceive their power – it is always to demand and punish, never to work with society to comprehend what the problem might be.

Budget Crisis 2917

Taxes are too high and the standard of living has declined. Those in power will ONLY raise taxes because they are incapable of reform. The year 2017 will cross the Rubicon. The inflation they are desperately trying to create will arrive, but not in the form they desire.TH

Nov 5 2015

Democrat’s lose the ‘flyover’ but consolidate control of DC


From Rachel Stoltzfoos, The Daily Caller

The damage the Obama presidency has done to Democrats in Congress and state legislatures has been widely reported on over the last 7 years, but, until Wednesday, no one had summed it up in just 140 characters (or less).

Republican operative Rory Cooper tied a bow on Democrats’ fall from grace with a Tweet that simply tallied up the losses.

“Under President Obama, Democrats have lost 900+ state legislature seats, 12 governors, 69 House seats, 13 Senate seats,” Cooper tweeted. “That’s some legacy.”

Nov 5 2015

Hillary Clinton Announces Odd New Platform – No Criminal Records for Prior Presidents…


Most Democrat candidates are attorneys and most attorneys are criminals so that makes sense … lol

Nov 4 2015

The end of the EU is near!


2015.75 Seems to be On Target

Posted on November 4, 2015 by

DAXCSH-D 11-1-2015

We have been warning that this turning point was different. Instead of a crash in private assets, as in 1998.55 or 2007.15 when the Case-Schiller peaked to the day, this time it was in government. Putin bombed Syria precisely on the day of the turning point (9/30/2015), but there were many stocks that bottomed with 9/30/2015.

President-PopularVote

Economically, Europe is melting down. Draghi has announced he will increase buying bonds to 33% from 25%. Medicare will explode by 50% in the USA next year; Social Security looks like a crater from a meteor crash. Indeed, 2015.75 was a major turning point that was the BEGINNING of a serious decline into 2020.05. Even politics has gone nuts and the media is starting to figure out that this is all about throwing the bums out. This is the start of a very serious new trend and it is time to wake up. The velocity will begin to pick up with the benchmark targets in gold.

Nov 3 2015

What is the cost of illegal immigration!


Re-posted from God Father Politics

Over the past couple of weeks, I’ve shared how much illegals cost taxpayers in Ohio, Maryland and North Carolina. The combined cost to taxpayers in those three states amounts to over $4.8 billion a year. Those were followed up with a report on how much illegals were costing Texas taxpayers a year, a state with a greater number of illegals. Based upon figures from 2013, Texas taxpayers were shelling out over $12 billion a year to cover the unwanted costs of illegals.

So what about the nation’s capital for illegals – California?

The Federation for American Immigration Reform (FAIR) states that as of 2014 there were around 3 million illegals living in California. Ironically, legal immigrants only total up to 2,403,070 as of 2012. The total population of California, as of 2012, was placed at 38,041,430 with illegals comprising nearly 8% of the total state population.

The estimated annual cost to California taxpayers as of 2014 adds up to $25.3 billion. That’s more than the total operating budgets for some states. This breaks down to approximately $2,370 for every household headed by a US citizen.

According to FAIR:

“Nearly half of those expenditures ($12.3 billion) result from the costs of K-12 education for the children of illegal aliens — both those illegally in the country and those born in the United States. Another major outlay ($2.1 billion) results from the need to provide supplemental English language instruction to Limited English Proficient students, many of whom are children of illegal aliens. Together, these educational costs are 57.1 percent of total expenditures.”

“Other fiscal outlays result from the costs of medical care ($4.0 billion), public assistance services ($800 million), administration of justice functions ($4.4 billion), and general governmental services ($1.6 billion).”

The 2015-16 fiscal year budget for the entire state of California is $167.6 billion. The cost for illegals comprises nearly 15% of the total state budget while only comprising nearly 8% of the population.

Adding the annual cost of California’s illegals to the costs of Ohio, Maryland, North Carolina and Texas, we get a total of $42.1 billion per YEAR that taxpayers are being forced to pay thanks to Obama’s failure to enforce federal immigration laws. Perhaps the best solution would be to bill him and his fellow cronies for the cost incurred by illegals. I wonder if they would be so welcoming if they had to personally pay the bill?