Gold up almost $18 today
"Next month," the article reveals, "the Bank of
China plans to launch its newest product, dollar-
denominated certificates linked to the price of
gold."
You won't hear this in the MSM.
Read.
For the individual wanting to break free of the unending sea of collectives and institutions contending for his soul...and more...put together by a Visionary Philosopher, so I've been told. Maybe you want to stay tuned to see if that's true... with notes on The End of the Nation State.
"Next month," the article reveals, "the Bank of
China plans to launch its newest product, dollar-
denominated certificates linked to the price of
gold."
The practical response of the pols turns out to
MEXICO CITY (Reuters) - Possessing marijuana,
cocaine and even heroin will no longer be a crime
in Mexico if they are in small amounts for
personal use under new reforms passed by Congress
that quickly drew U.S. criticism.
The measure given final passage 53-26 by
senators in a late night session on Thursday is
aimed at letting police focus on their battle
against major drug dealers, and President Vicente
Fox is expected to sign it into law.
16. Conclusions
Untraceable digital cash is here. It will become
easier to use and more established in the next
several years. It is indistinguishable from
speech, so any laws intended to control it will
almost certainly impinge on speech in general.
While scare tactics may work to drive average
users away from using digital cash, those
operating on the margins have the most to gain
and lose and will likely not be dissuaded by such
laws. Not only have criminals rarely been
dissuaded by tax and banking laws, but here the
chances of getting caught are nearly zero. Boom
markets in information of all kinds can be
expected. Crypto anarchy has its benefits as well
as its problems.
It's going to be an exciting world.
Social cohesion, the argument goes, is what
allowed our ancestors/parents/grandparents(the
apes?) to 'get along', in contrast with today's
world of chaos and conflict.
They don't say that without social cohesion
World Wars are now pub brawls, but never
mind.
Beating Bush's NSA e-mail surveillance simple.
According to NSA sources, there is a simple
method to avoid having one's e-mail captured by
NSA Internet filters that have been installed
within major Internet exchanges, such as the AT&T
facility in San Francisco, which is the subject
of a class action suit against AT&T. By typing
"Viagra" or "Cialis" in the message text, the
filters will automatically identify the e-mail as
spam and ignore it. The e-mail could contain the
words "Al Qaeda" or "Bin Laden," but as long as
Viagra or Cialis are in the text, the e-mail will
pass through the filters without being intercepted.
I don't know whether this is true or not.
Ordinarily, the fact that some CIA agent has
broken his or her oath of secrecy would not cause
much disturbance outside the unhinged James
Angleton types who make up some portion of any
intelligence community. Surely, out of tens of
thousands of employees, this is something that
happens with regularity.
But Ms. McCarthy's case is different, and it is
of interest to the world. She is responsible,
reportedly by her own admission during a furious
round of polygraph tests, for information
supplied to The Washington Post concerning the
CIA's vast secret prison system.
"I remain, like a cheerful mosquito, feeding on
"Why does corruption in government always
This is a fine discussion for the currency
Abstract: the proposed Iranian Oil Bourse will
accelerate the fall of the American Empire.
...
Whatever the strategic choice, from a purely
economic point of view, should the Iranian Oil
Bourse gain momentum, it will be eagerly embraced
by major economic powers and will precipitate the
demise of the dollar. The collapsing dollar will
dramatically accelerate U.S. inflation and will
pressure upward U.S. long-term interest rates. At
this point, the Fed will find itself between
Scylla and Charybdis-between deflation and
hyperinflation-it will be forced fast either to
take its "classical medicine" by deflating,
whereby it raises interest rates, thus inducing a
major economic depression, a collapse in real
estate, and an implosion in bond, stock, and
derivative markets, with a total financial
collapse, or alternatively, to take the Weimar
way out by inflating, whereby it pegs the long-
bond yield, raises the Helicopters and drowns the
financial system in liquidity, bailing out
numerous LTCMs and hyperinflating the economy.
The Austrian theory of money, credit, and
business cycles teaches us that there is no in-
between Scylla and Charybdis. Sooner or later,
the monetary system must swing one way or the
other, forcing the Fed to make its choice. No
doubt, Commander-in-Chief Ben Bernanke, a
renowned scholar of the Great Depression and an
adept Black Hawk pilot, will choose inflation.
Helicopter Ben, oblivious to Rothbard's America's
Great Depression, has nonetheless mastered the
lessons of the Great Depression and the
annihilating power of deflations. The Maestro has
taught him the panacea of every single financial
problem-to inflate, come hell or high water. He
has even taught the Japanese his own ingenious
unconventional ways to battle the deflationary
liquidity trap. Like his mentor, he has dreamed
of battling a Kondratieff Winter. To avoid
deflation, he will resort to the printing
presses; he will recall all helicopters from the
800 overseas U.S. military bases; and, if
necessary, he will monetize everything in sight.
His ultimate accomplishment will be the
hyperinflationary destruction of the American
currency and from its ashes will rise the next
reserve currency of the world-that barbarous
relic called gold.
Private property is also grounded in the premise
that each of us is existentially worthy as
individuals. Your existence, interests, and
purposes are no less valid than those of the
elitists who presume the power to reduce you to
being a means to their ends. The property
principle begins with self-ownership, a condition
incompatible with the status of being fungible
resources for collective authority.
"There is no existing entity called 'society';
Below is a huge site with plenty of hard evidence
Next week, next month, next year, it's not a
question of if, only when. One day you'll wake up
-- or you won't wake up, rather -- buried beneath
nine stories of snow. It's all part of a
dependable, predictable cycle, a natural cycle
that returns like clockwork every 11,500 years.
. . . And since the last ice age ended almost
exactly 11,500 years ago . .
Nearly half of Americans believe their
government should mind its own business
internationally and only one third approves of
how US President George W. Bush is handling
Iraq.
"The evolution of the brain not only overshot the
Ever noticed how much "concern" is in the air
EBay, the online auction house, last year
purchased Skype, an online service that lets
people converse through their computers. Its 75
million users place voice calls over the
Internet. The calls sound clear. They are free,
because phone carriers aren't used. And because
of the Internet's diffused architecture and its
facility for privacy, Skypesters' identities,
their locations, and the substance of their
conversations can be undetectable.
Skype and other widely used Internet
communications devices, including e-mail,
threaten the NSA's ability to gather intelligence
and to do so legally, National Journal
reported.
The late philosopher Robert Nozick pointed out
that when people compare themselves to one
another, they are disposed to feel one of two
emotions -- guilt or envy. Guilt when someone has
a lower station than you; envy when someone has a
higher station than you. I would add a third to
this mix: indignation. That's when you compare
someone of a higher station to someone of a lower
station, and feel that something is wrong. I
refer to this complex of emotional responses to
unequal life-stations as the "Stone Age Trinity."
...
Given the tremendous good that is brought about
by self-interested market exchange, it seems
we'll have to teach ourselves time-and-again the
intellectual lessons of prosperity in a complex
economic order. We will also have to fight turf
wars with those who think the sentiments of Stone
Age Trinity can be wrapped up in intellectual
claptrap (like Marxism), force fed to our
students in the ivory towers, sold to us on the
evening news, or foisted upon us inside marble
domes.
...or the Decline of the Prime Element of the
". . Forgive him, for he believes that the
Isn't picking on the Bum of the Moment
You get the same order of criminality from
any State to which you give power to exercise it:
and whatever power [you] give the State to do
things for you carries with it the equivalent
power to do things to you.
...No "democratic" State practice is nothing
more or less than State practice. It does not
differ from Marxist State practice, Fascist State
practice, or any other.
"It's easy to see why humans are willing to
Pay up now or risk the punishment of a black
hole. There is no light at tunnels end when you
finance your own termination. “Tax Tyranny” is a
means to provide the functional accounting that
pays off the co-conspirators that unleash the
energy force of darkness on a country of blinded
serfs. All that changes is the intensity of the
vigor used to extract the last pound of flesh
from your bone. As the real percentage rate of
across-the-board exaction rises with each year,
the closer to poverty you approach. The dream
for an independent society has long been dead.
What remains is mere life support for comatose
citizens. [My emphasis]
In a scientific breakthrough that has stunned
the world, a team of South African scientists has
developed a revolutionary new, highly efficient
solar power technology that will enable homes to
obtain all their electricity from the sun.
Better name, The Real Dr. Death.
Pianka then cited the Peak Oil fraud as another
reason to initiate global genocide. “And the
fossil fuels are running out,” he said, “so I
think we may have to cut back to two billion,
which would be about one-third as many people.”
But again, don't take my word for it. Listen.
Listen to the noise-makers, and see how few
seriously believe them these days, see how that
noise evokes an apathetic and ever-dulling
stereotyped response, adrenal fear/anger burnout,
"Yeah, whatever, yawn, same old same old."
Listen to the background instead, pay attention
to what's coming through the chinks in the wall.
Example: lotta buzz, these days, about "V for
Vendetta." Why is there such a buzz? Because it
should never have been made, and Everybody Knows
It. Ponder, just for a moment, the implications
of the motto "People should not fear their
governments--governments should fear their
people," appearing in front of God and everybody
on the teevee screen, where it might actually be
seen, by children or heart patients, actually
playing in a movie theater, with all its icky
anarchy and tinfoil battiness and all that, right
out where decent people can just go and watch it
if the mood strikes them, why, it's un-American.
This film is the fart at the tea party that
punctuates perfectly the pompous silliness of the
whole affair, and is to me the harbinger of the
Zeitgeist of the near future.
...
They pound little drums for Liberty all across
the planet, and slowly those drums are coming
into synchronization of their own accord,
converging on one single, pure harmonic, the low
seismic thrumming of Truth and self-fulfilled
prophecies that even the oblivious are feeling
and swaying to. These people are wise and canny;
they do not need the State, and feel no love for
it in their breasts, and will not be there to
prop it up when it begins to fall under its own
weight. And that is, perhaps, the greatest
danger they pose; that while they may not lift a
hand to harm they sure won't lift a hand to help,
that they will, at the very end, the last
extremity, that crucial hour when all good men
must come to the aid of their Crown so that the
unthinkable prospect of an outbreak of
uncontrolled human activity can be stifled, will
finally render unto those panic-stricken,
directive-spewing, impotent toadies of Caesar
begging for assistance and compliance just that
which is due them, the immortal wisdom of the fat
sage Cartman: "Screw you guys, I'm going home."
Behind all the wailing, ranting and gnashing of
But behind the private-is-preferable theory is
the immediate reality that governments don’t have
– or are unwilling to raise – the billions needed
to rebuild the nation’s crumbling infrastructure.
Had an interesting conversation with a