Archive for November, 2012

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Part Five Topics:

Wealth Transfer: European Context

Wealth Transfer: U.S. Context

The Bribing Set-up of the Underclass by the Regime in Preparation for Mass Slaughter

Secession Dynamics

Credit Default Swaps

via The Economy Is Going To Implode Pt.5 of 8 – YouTube.

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Part Four Topics:

One Dollar of Capital Banking Paradigm

Denninger Axiom & Chart — Debt and GDP Change since 1980

The Debt Cycle — A Snake Eating Its Tail

Intelligent People Must Reassert Themselves as the Leaders of Society

The Rule of Law and Justice Must Be Reasserted

via The Economy Is Going To Implode Pt.4 of 8 – YouTube.

All citizens must possess equal rights and duties.

The first duty of every citizen must be to work mentally or physically. No individual shall do any work that offends against the interest of the community to the benefit of all.

Since every war imposes on the people fearful sacrifices in blood and treasure, all personal profit arising from the war must be regarded as treason to the people. We therefore demand the total confiscation of all war profits.

We demand the nationalization of all trusts.

We demand profit-sharing in large industries.

We demand a generous increase in old-age pensions.

We demand the creation and maintenance of a sound middle-class,

We demand an agrarian reform in accordance with our national requirements

We stand against those who work to the injury of the common welfare.

We will make it possible for every resident to obtain higher education

The State has the duty to help raise the standard of national health by providing healthcare.

We demand the abolition of the regular (volunteer) army and the creation of a national (draft) army.

We demand that there be a legal campaign against those who propagate deliberate political lies and disseminate them through the media.

We demand freedom from all religious faiths in the state


In order to carry out this program we demand: the creation of a strong central authority in the State, the unconditional authority by the political central parliament of the whole State and all its organizations.

I usually observe Godwin’s law, but “When the shoe fits”, throw it.

These platform planks were lifted (with very minor alteration, such as substituting “healthcare” for “maternity care”) from the official platform of the National Socialist German Workers Party. (Nazi Party for those with recent educations)

Supporters of Communism, or of socialism in general, like to pretend that Nazism was not socialist but “right wing”.

It was common in those days, as it is in ours, to identify the Communists as leftist and the Nazis as rightists, as if they stood on opposite ends of the ideological spectrum. But Ludwig von Mises knew differently. They both sported the same ideological pedigree of socialism. “The German and Russian systems of socialism have in common the fact that the government has full control of the means of production. It decides what shall be produced and how. It allots to each individual a share of consumer’s goods for his consumption.”
The difference between the systems, wrote Mises, is that the German pattern “maintains private ownership of the means of production and keeps the appearance of ordinary prices, wages, and markets.” But in fact the government directs production decisions, curbs entrepreneurship and the labor market, and determines wages and interest rates by central authority. “Market exchange,” says Mises, “is only a sham.”

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Part Three Topics:

Sample Bank Balance Sheet Continued

The Lie of FDIC Deposit Insurance

via The Economy Is Going To Implode Pt.3 of 8 – YouTube.

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Part Two Topics:

The Gold Standard is Not Necessary Continued

WE Are the Gold

The Morality and Economically Essential Nature of Interest

The Real Problem in Banking System: Unbacked Unsecured Lending

Bank Balance Sheet Exercise

via The Economy Is Going To Implode Pt.2 of 8 – YouTube.

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Part One Topics:
Systemic Counterparty RiskMoney is a Fungible Proxy for Your Very Humanity
All Currencies are Fiat
The Gold Standard is Not Necessary

via The Economy Is Going To Implode Pt.1 of 8 – YouTube.

Bill Whittle recites Rudyard Kipling’s poem, The Gods of the Copybook Headings. How is Kipling relevant to today’s political and cultural atmosphere? Find out.

The text of the original poem can be found here:

via Afterburner with Bill Whittle: The Gods of Wisdom and Virtue – YouTube.

The Pilgrims founded their colony at Plymouth Plantation in December 1620 and promptly started dying off in droves.As the colonys early governor, William Bradford, wrote in “Of Plymouth Plantation”:”That which was most sadd & lamentable was, that in 2. or 3. moneths time halfe of their company dyed.”When the settlers finally stopped croaking, they set about creating a heaven on earth, a society without private property, where all worked for the common good. Everything was shared. Especially bitching and moaning about working for the common good. Bradford again:”Yong-men that were most able and fitte for labour and service did repine that they should spend their time and streingth to worke for other mens wives and children, with out any recompense….And for mens wives to be commanded to doe service for other men, as dresing their meate, washing their cloaths, etc., they deemed it a kind of slavery, neither could many husbands well brooke it.”With nobody working, everybody was suffering. And in case you think nobody was working simply because they couldnt understand a damn thing Bradford was saying, chew on this: In 1623, Bradford and the other leaders”Assigned to every family a parceel of land…this had very good success; for it made all hands very industrious, so as much more torne was planted then other waise would have bene by any means the Govr or any other could use, and saved him a great deall of trouble, and gave farr better contente.”In no time at all “any generall wante of famine hath not been amongest them since to this day.”America would never go hungry again. So this week, before you drift into your annual tryptophan-induced coma, dont forget to give thanks to the true patron of this holiday feast: property rights.For more on this topic, including controversy over whether the pilgrims were proto-communists, go to

via The Pilgrims and Property Rights: How our ancestors got fat & happy – YouTube.

Thanksgiving in Vietnam

Posted: November 22, 2012 in 2012, Military, Veterans

Thanksgiving in Vietnam –

Thanksgiving Dinner cooked in camp and taken out to the field for the soldiers. Thanksgiving dinner in a foxhole was probably not what these soldier had in mind, but the Army did all they could to make these soldiers in-country feel at home. With their families back home, our soldiers fought together and of course, celebrated Thanksgiving together, creating their own version of a family. The Army family, the men and women who serve our country, and their families share a common bond of sacrifice and service that many do not know.

The Army Heritage and Education Center would like to wish all service members and their families a Happy Thanksgiving. Soldiers have served our country throughout our history and have missed many Thanksgivings back at home. Thank you for the service you provide to our country.

via Thanksgiving – YouTube.

Ronald Reagan Thanksgiving Day Address 1985

Posted: November 22, 2012 in 2012

Ronald Reagan Thanksgiving Day Address 1985 – YouTube.