Tuesday, April 25, 2017

"Certain choices are incompatible with continued existence"

"Very few people foresee failure when it is imminent, even purported experts.

Like the experts who said Say Yes to Education 
could pay out far more than it took in,
supported by Nancy Vaughan and friends, who swallowed the con

The small group who said Soviet communism wouldn’t work because it couldn’t work were disparaged right up until it didn’t work.

[Failure came] because [empires] come to rest on foundations of coercion and fraud, which doesn’t work because it can’t work.

There is both a quantitative and qualitative calculus for individuals subject to a government: what the government takes versus what individuals get back.

Government is a protection racket: turn over your money and it promises physical security from invasion and crime, and adjudication and restitution in the event of civil or criminal wrongs.

David Powell letting Jim Melvin off the hook

The quantitative calculus: am I getting more back than I put in?

The qualitative calculus: what activities and people does the government help or hinder?

Greensboro's government helps campaign contributors
and fucks most taxpayers

Protection rackets are often indistinguishable from extortion rackets, the “protector” a bigger threat to the “protected” than the threats against which they’re supposedly protected.

Such is the case with the government...

Freedom militates against stupidity; coercion compounds it. Competitive markets and a wide-open intellectual climate either kill the worst ideas or impel their improvement. Power corrupts so completely because those who hold it rarely face negative feedback or consequences. Critics are mocked, stifled, imprisoned, or murdered.

The costs of failure are borne by the victims.

Greensboro's taxpayers

The perpetrators blame those failures on lack of funding or authority and receive more of the same.

Nothing succeeds like failure in coercive systems.

Greensboro's City Council

Just look at the US governments “wars” on poverty, drugs, and terrorism. For rational people in free, competitive systems an ever-expanding gap between shining intentions and dismal reality prompts psychological turmoil.

The powerful salve outbreaks of cognitive dissonance with arrogance, which expands apace with their failing programs. Just look at Obamacare, [a rip off supported by both 'political' parties]...

Supported by local shills like Andrew Brod's crowd

As the protection racket and its sub-rackets expand, the “protected” receive less and less, but pay more and more.

Just like most local health care insurance premium payers
and taxpayers funding fake 'entrepreneurial" ventures subsidized by everyone else 

By now, both the quantitative and qualitative calculuses are clear to productive Americans: they’re being reamed by people they despise, who in their arrogance and willful blindness despise them. The government steals trillions directly, but still resorts to financial sub-grifts—debt, fiat money, and central banking—to feed its insatiable money-lust.

Zack Matheny 

Mike Barber

Nancy Vaughan

Justin Outling

MariKay

And their campaign contributors

Like the government’s debt, stupidity compounds exponentially and rational people wonder how long unsustainable rackets can persist. The racketeers, if they realize their rackets can’t last, don’t care; they’re going to milk them as long as they can.

RC, MK, JM etc...

...if a tenth of the US population ran up their debts, withdrew their funds from the financial system, and then stopped making debt service payments for a few months, it would propel a run on the banking system, choking the government’s financial lifeline and exposing its worthless fiat debt scam.

...As stupidity compounds, so too do its vulnerabilities.

The foundation of the global economy and financial system is interlinked debt.

Anyone paying attention during the last financial crisis recognized that it took surprisingly few defaults—debt markdowns that marked down the value of the corresponding credit-assets—in a highly leveraged and interconnected system before that system unraveled and imploded.

...the “solution” to that last financial crisis—more government and central bank debt—was another instance of stupidity compounding itself. Now, there’s more craziness in the debt asylum than there was in 2007.

...Governments’ and their central banks’ vaunted abilities to drive interest rates to subzero, go further into debt, and exchange their pieces of paper or computer entries for other pieces of paper or computer entries will mean little in a world submerged in debt, worthless paper and computer entries.

...Real economic growth and incomes have been trending downward since the turn of the century, even by official statistics. One has to question how much of the growth in either is the product of statistical legerdemain—government statistics leave much to be desired—and debt.

If debt grows at 5 percent and the economy and incomes grow at 2, is the economy actually growing?

Should some present value accounting be made of the fact that the longer debt growth exceeds economic growth, the greater the burden that debt imposes on the economy?

...massive injections of fiat debt [can] defibrillate the patient, [yet continues to] serve as essential life support...

governments will then have are lots of weapons, worthless debt, millions of angry beneficiaries, and whatever loyalty they can still command...

At which point, the calculus becomes intolerable for those long milked and bilked by governments, and offering them only further pain with no gain. Inevitably, they will consider their options: flight, secession, devolution, or revolution..."

https://straightlinelogic.com/2017/04/23/cataclysm-by-robert-gore/
Post a Comment