Outrage/The Pretense Of Opposition/The Weekend Song And Dance.

The stealing is going ahead but they need to do a weekend song and dance about it. There is absolutely no justification for the stealing whatsoever. Its a heist, carried out in the full view of the public. It shows which sectors of society actually run things. The heist is in fact the acid test for the discovery of [...]

Money For The Rich

As the pyramid ponzi-money continues to unravel in the states, here in Australia we have one ardent fractional-reservist who is charging about desperately arguing that the American taxpayer must continue to subsidise wealthy bankers. Cambria is arguing that this subisidy of about $2000 at least for every man woman and child in the US is necessary to [...]

Leftist Hero-Worship Of Liars.

There is this strange psycology with the lefts relationship to people who come out and lie in public and never back down from it. Not every leftist would have the courage to do this. But it appears to be an act which garners immense admiration and hero-worhsip in leftist circles. So it goes with the lefts [...]

Weasels And Welfare Recipients/Henry Paulson Is The Worlds Slimiest Thief.

In our society and most particularly in America, banking bigshots and speculators are the slimiest, most unproductive and EXPENSIVE welfare-recipients that there are. And this event proves it.
The Enron crowd hurt fundamentally no-one but their shareholders and creditors and most of their creditors were likely bankers who are paid big bucks to avoid this sort of thing. And [...]

Joe Cambria And Bailouts.

Prior to this rush of bailouts JC’s main argument justifying fractional reserve is that the only real problem was moral hazard. He reckoned that the Feds were always bailing people out so that there was moral hazard which means that it was the Feds and not the banking system that were responsible for new money [...]

Glenn Albrecht: The “Philosopher” Who Cannot Piss Or Get Off The Pot

Another alarmist has gotten into the blog game and this one calling himself an “ENVIRONMENTAL PHILOSOPHER.” Your tax dollars at work. What next? Too stupid to think in wider terms perhaps?
Well he’s styled his blog as follows:
“A Blog devoted to critical evaluation and analysis of the ‘values’ that are implicit in global warming and climate [...]

The American Financial Crisis Is Not Complicated.

I was struck by a comment by pommy on thoughts on freedom. His theory wasn’t that he himself didn’t know about monetary economics. Rather he had the idea that the current crisis is really complex and that the authorities are doing a pretty good job of fixing things.
If you understand banking the matter is not the least [...]

Catalyst For Business In Antarctica/Wind-Ammonia/Backdoor To Hydrocarbon Substitution.

From Wikipedia:
Fertilizer
Approximately 83% (as of 2003) of ammonia is used as fertilizers either as its salts or as solutions. Consuming more than 1% of the man-made power, the production of ammonia is significant component of the world energy budget.[4]“

“[edit]For remediation of gaseous emissions
Ammonia used to scrub SO2 from the burning of fossil fuels, the resulting product [...]

Why Not Competitive Private Unbacked Paper Monies?

What is wrong with that seemingly off-the-cuff Hayekian idea? Well nothing really but its not likely to happen. What COULD happen is that the commodity and sharemarkets could have their purhases micronised. And you might use a smart-card for transactions that made a sale of micronised shares or non-monetary commodities in order to buy something. [...]

Viscosity And Climate:The Same Post Many Times.

With new and unfamiliar ideas I think its worthwhile RE-EXPLAINING using slightly different words and exploring potential angles. The first time someone reads my theory on resistance to oceanic circulation as being the key determinant of the warmth of the planet…….. they might not get what I’m talking about at all. But if you have [...]