Posted by: graemebird | May 13, 2011

DOING IT RIGHT: How To Start A Socialist Bank That Creates Wealth.

This would be too easy. It would be cheap. And the amount of wealth creation (done right) would be awesome. It would also (under my formula) enhance the budget, and hugely improve the distribution of wealth and income. It would also be a blow to our most important enemy ……. shadow government …… incorporating the international banking cartel.

But there can never be mission creep.  The bank(s) must be chartered under a single formula that can only be incrementally improved under the same mission. If another specific mission is sort, there ought to be a new bank chartered to avoid mission creep.

One side effect that may seem irrelevant but is actually deeply important for economic theory. It will show for all those too dim to understand already, just how powerfully inefficient our capital markets are right now. It will obliterate the myth off efficient markets (under current conditions) forever.

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In some very large companies attempts are made to estimate how much a sector of the larger business contributes to the business entire.  We are talking specifically sectors that make no external sales.  Now one would think this would all come under “cost” or “management” accounting, but this is not always the case. From time to time extra-accounting measures are made, as a part of the business invents a notional system in order to get some feedback as to how it is going in a context where feedback is difficult.

We might call such a system a NOTIONAL-PROFITS ESTIMATE SYSTEM (NPES).

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Supposing a loan is made to someone on minimum wage. We assume growth-deflation and 100% backing. Under growth deflation peoples psychology and habits change and they all are motivated to save, hold high cash balances, and they are motivated to pay off their debts quickly.

Now supposing that loan is strategically made to improve the cash flow of that fellow on minimum wage. It allows him to get a second part-time job, or it allows him to work more overtime.

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Just for examples sake we will assume our current tax system but without any registration fees, without any fuel excise, but with a congestion charge for peak-time.  We are also assuming our current income tax structure and GST.

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The lender is a local man.  He is a small businessMAN. He is a renaissance man. He is a man. On the other hand the lender could be a clever and righteous woman.  But either way, the loan is made with great panache, and it INDEED INCREASES THE CASH FLOW OF THE BORROWER.

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Now we ought to notice something about this loan. The loan, righteously made, is a godsend to the budget(s).  To the government coffers. The fellow who has borrowed this money is catapulted into having a tax problem.  The loan is for a car. He will pay more in income tax. He may well start paying some congestion tax from time to time since it would be hard to entirely avoid doing so when you get a part-time job to supplement your income above and beyond your minimum wage job.

So if the government is the lender why would they need to charge interest?

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The advantage of a socialist bank is that (under some assumptions) they don’t need to charge interest to justify the loan.

THE ADVANTAGE OF A GOVERNMENT BANK IS THAT THEY NEED NOT CHARGE INTEREST TO HAVE A POSITIVE EFFECT ON THEIR BUDGET BOTTOM LINE.

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We need infrastructure and we have to pay for it. Not borrow for it. That makes no sense at all. But if the government grows some balls and dumps its senior partner …… ie the banks …. then it can take the responsibility, for some time, to create new money, and to run extra surpluses. And these two sources of funds are fine to be used as micro-loans, to shore up matters for a rainy day.

But here we see that if the incentives for the lender are right, we can not only shore up for a rainy day ……. we can actively help the bottom line, if at first we commit to always running a surplus.

Shoring up for a rainy day then can be coupled with improving the upward-mobility of the ambitious and brainy aboriginal kid who arrives in town on the bus.  You won’t find much that I’ve written that does not have this boy in mind. And I have selfish reasons for this focus. Because when I was a young alcoholic only the preponderance of mirrors could convince me that I was not that boy.

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Now my recommendation is that there is always a flat one hundred dollar fee for every loan and never any change to that.  That way the incentive to the lenders is to make as many small loans as possible.

My recommendation is that the lender only gets to pocket the hundred dollar loan fee if some well-worked-out metrics indicate that the increase in income tax justifies it.  My recommendation is that the lenders have to jump over a high bar, because the repayments of principal will be tax deductible.

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So imagine this: You are poor, young, honest, and ambitious … You arrive in town, you get a series of small, interest-free loans, which would wind up coming with a lot of advice, networked information, and small favors …….  Every payment you make back on those loans is a full tax deduction …….. And you quickly establish a tax problem for yourself.

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Now supposing you think this is far-fetched and that the extra wealth cannot be generated????? Well then what do you suppose is happening right now??????? Under inflation (as opposed to growth-deflation) the psychology is for you to speculate not save. Overspend. Get about with low cash balances. Borrow too much.

Let me tell you the truth: When you come into town on the bus, with a low cash-balance habit YOUR LUCK RUNS OUT.

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So we see now that the government-banker-inflation nexus is sucking the upper-working, lower-middle classes dry. DESTROYING THEIR CONFIDENCE, hollowing out our society, and making this continent untenable to defend militarily.

My exacerbating friend Jason Soon is never going to understand this.  Because he comes from a culture which combines astute family business nous with the recent “race-memory” (generational memory) of famine.  So his people habitually hold high cash balances, save a bunch, their luck doesn’t run out, and so forth.

But you see: Growth deflation motivates the aboriginal child, and the celt, and the valley-girl, and everyone else to save more and hold higher cash balances than otherwise. And since they hold higher cash balances their luck doesn’t run out.

Growth-deflation is hope. Hope is motivation. Motivation is life.

MORE LATER.

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Responses

  1. Just to reiterate how far shadow government is ahead of the lame-stream in science and technology. And to show the sort of sweep and reach they have via what they were able to achieve at 9/11. They were able to

    1. Bring up Hurricane Erin to act as a power source for directed energy weapons and to dispose of the “dustfied” rubble in the North Atlantic.

    2. Destroy the airliners and replace them with other planes.

    3. Stand down the air defenses.

    4. Send a missile into the Pentagon, and with-hold security pictures to this day.

    5. Frighten more legitimate government into looking the other way.

    6. Rig up the buildings with bombs and thermate.

    7. Set up media force-feeding of the various 9/11 bullet points.

    8. Produce a bin Laden confession video involving a fat-Laden actor with a nose half as long as the nose of the man he was portraying and not have the mainstream media question it.

    9. Sheep-dip Bin Laden and shepherd along all other player such that they would have a mountain of people to blame or embarrass to cover the fact that it was shadow government that was the driving force.

    10. Promote an ineligible candidate to new messiah status and bring him all the way to the top job, as lesser scandal protection for 9/11.

  2. Strictly speaking, Mr Bird, I don’t think that the socialists want banks.

    You will be pleased to hear, though, that the honourable, hard-working, and above all, inscrutable Chinese have increased their reserve ratio for banks to just over 20%. Let a thousands blowers foom, I say.

  3. Hey Bird, what do you think of The Hermanator, Herman Cain?

  4. He’s impressive, Just reminds me of when Cambria,SOON et al had gone mad supporting Obama in the upcoming election of the time. As if Obama was both new Messiah, and the only black man who showered regularly and could read. I don’t know if he’s radical enough for what the US needs right now. He says that the US ought never have gotten off the gold standard. But thats going nowhere and does not mean he’ll get monetary reform done. We need people who are determined to wipe out fractional reserve. But then such people would be stopped by shadow government. Which is why I cannot get too excited about the American selection since candidates are basically appointed now.

    Take the last election. The mainstream Republican fellow, McCain, was finished. But there was a wait until almost all the candidates were out except for Ron Paul and one or two others. Then the candidate acceptable to the Shadow Government, and one that Obama could beat …….. well funds just start pouring in for McCain. Suddenly McCain is awash in funds after being virtually busted out. Then of course in the actual election funds and almost gay media coverage, in its gushing nature, went to Soetoro.

    So its clearly no serious election. When the people with unlimited funds can steal more openly and choose any candidate they want. McCain was no peoples choice.

  5. Well said, Graeme.

    Sadly, some people’s main function in life is to stir up the dust and inhibit light and sight. They grovel on the ground at the feet of the kings. When Alexander the Great approached Diogenes and asked if there was anything he wanted, he said there was just one and told him to move a bit. The sun’s rays is what he wanted that the king was blocking from his view.

    Some people are like that and they’re not even kings.

    Incredible.

  6. Cave of Forgotten Dreams, a new documentary by Werner Herzog whose team was
    given access to the Chauvet caves in southern France.

    Mind-blowing stuff and to see it like this.

    http://www.rottentomatoes.com/m/cave_of_forgotten_dreams/trailers/11133088

  7. There must be thousands of paid bloggers on the internet today. Tillman is one of them. His minders weren’t about to keep him around when I started talking as if I was beginning to suspect him.

  8. Bird

    What kind of salary and benefits do you think he’s on?

  9. I wouldn’t have a clue. Because since we assume that many thousands of people perform at least part of their job in this way, but since we haven’t yet had such people come out and tell us about their past experiences, pay, conditions and perks, then obviously I don’t have a great deal to relate this too.

    Over at a climate change blog we had a composite personality from a government department, hammering away at that blog. Literally there was a desk, and staff would take turns. No-one has been sacked or is likely to be sacked over it. But that sort of proves what we know must be happening.

  10. “BARNABY JOYCE: This is what they keep asking us: what would you do if you were us? Well if we were as stupid as you we’d probably drown ourselves. We don’t have to propose an alternative to their stuff up, we just have to get rid of them.”

    Not hard to see why I hold this fellow in high regard. Really just about the only serious politician out there. Maybe one other fellow whose name escapes me right now.

  11. So you’re now a Santamaria-ist, Bird. Bob spent years advocating the set-up of a commercial lender quarantined from conventional bank ‘products’ and methodologies and designed principally to bolster the rural and small business sectors. This is still NCC policy.

    • Yes and no. Whereas Santamaria would have perceived the situation directly, and found a scheme that would have worked, I have no loyalty to the scheme that I intend to explain above. Or it could be another way of saying that provisionally I was naeive, and Santamaria and G.K. Chesterton were right from the practical point of view. Or it could be I’m saying that the enemy of my enemy is my friend, and that in the light of 9/11 and the bank bailout heist we have to swear a Hannibal Barca oath to destroy fractional reserve and shadow government.

      So we take the small children to a mountaintop. We take all my nieces. All the small children. One time. On their own. That they must harden their heart like Pharoah did, and turn it against fractional reserve and the hateful overlords fractional reserve has given birth too.

      And just as Hannibal lost in the end the fight must continue whether the expectation is to win or lose or to die young or otherwise . Those who want to side with the others have lost their confidence in humanity or are evil bastards. But I think we can make it.

      If land substitutes are oversupplied, and loanable funds are almost always for wealth creation, most of us could be living the lifestyle we would think we reasonably deserve within about 5 years.

      But this is definitely no retreat from the George Reisman economic system. Some cultural matters go a little bit wider and deeper than pure economics. As I first talked to you about when I recommended the scholarly work “The Other Greeks.”

  12. NCC philosophy:

    http://www.newsweekly.com.au/philosophy.html

  13. http://www.cus.org//connect/speaker-events/2011/julian-assange

  14. Hey Philomena? What do you make of the creative process of THE KILLERS video-song that I posted above? I think I may have deconstructed some small part of the creative process. What do you reckon is going on there? I find this crowd pretty fascinating. The lead singer used to sport a moustache, and had the earnest look of a comic character of the Bob Hope variety. He shaves it off and looks like he ought to be on posters on the walls of the rooms of teenage girls.

    What do you think of the video-song. Since I think the video and song are part of a piece.

  15. Call me old-fashioned, but imo a song must stand or fall alone, on its own. A video accompaniment may enhance a great song but it can never make a mediocre song great. I dunno Birdie. I don’t know this group though I see they’re very successful and this song well-liked. I like the mesa and the tiger and the beat. It’s a song about the yearning for freedom, isn’t it?

    What do you make of it?

    • I think that early on in the process they had an image of one of Santa’s reindeer wanting to break away from the pack. You wake up flying and cannot quite figure out if you are human or the reindeer “Dancer”. The desert and the animals are part of the process of hiding the gag driving-force of the song.

      Note when he’s talking about the various virtues, that earlier could have been the reeling off of the reindeer names. But in another iteration changed to various virtues, so that it becomes cover along with “dancer” as simple reification.

      They have the hot desert, and the odd animals, but the singer seems oddly cold, and he says his hands are cold. Down on his knees could be the body position of a man turned magically into a reindeer.

      “I tried my best to notice, when the call came down the line….” Some parts of the song seem almost like you can visualise a reindeer. The call comes out and the reindeer maybe lifts his head, blows cold steam once, and goes back to foraging. And he’s the only one that makes a reaction. He’s lead but he’s kind. That means he has to be brought to bridle but he doesn’t kick or fuss.

      “Cut the cord” Trying to get away from, COMET, VIXEN RUDOLPH and the others.

      Watch again with this supposed creative artifice in mind.

      • Are your water alkalizers producing psilocybin now as well as bleach?

        WATER ALKALISERS DON’T PRODUCE BLEACH AND THERE IS NO POINT PRETENDING THAT THEY DO. THIS IS JUST ANOTHER LIE FROM THE USUAL ANTI-SCIENCE HOUSE-NIGGERS. THE TYPE YOU SEE AT THE PZ MYERS SEWER, OR AT RANDI’S PLACE. THE SLIGHTLY ODD TASTE THAT MY IONISED WATER HAD TO IT WHEN IT WAS OVER PH 10 WENT AWAY AS SOON AS I PUT A FLUORIDE FILTER BEFORE THE ALKALISER.

        I CRANK UP THE METER TO PH 11.3 NOW, AND DRINK THE OUTCOME LIKE I WAS PLAYING TEENAGE DRINKING GAMES. EVEN ONE GULP WOULD PROBABLY BURN YOUR STOMACH. THERE SIMPLY IS NO BLEACHYNESS TO IT. BUT IT WOULD BURN YOUR STOMACH JUST THE SAME.

      • Graeme, if a whole population (ie city) drank alkaline water at a pH of around 9.5 – 10.5, would you expect that population to have better average health, and measurably lower cancer rates to that of other nearby cities drinking neutral pH water?

      • You get problems if you combine the alkaline water with protein. You need to be a rational human being to time matters. The answer to your question is yes, but with the above proviso in mind. Also if you weren’t used to it you’d get sick right away with pH 9.5-10.5. You have to adapt to it.The other thing is fluoride. You want to stop the authorities poisoning the water with fluoride.

  16. HANG ON A MINUTE. SO YOU THINK IT REALLY WAS BIN LADEN IN THAT FAKE CONFESSION THE SHADOW GOVERNMENT RELIED ON …… EVEN THOUGH BIN LADENS NOSE IS TWICE AS LONG AS THE ACTORS?

    YOU DO DON’T YOU? HOW CAN YOU AND CAMBRIA BE TWO DIFFERENT PEOPLE? THERE ISN’T ENOUGH STUPID TO GO AROUND.

  17. Little little-boots. Little-Caligula:

    Globalists like to rape women as well as countries.

    http://truthiscontagious.com/2011/05/16/globalists-like-to-rape-women-as-well-as-nations

  18. I won’t say you will necessarily help yourself ON A NET BASIS by growing your own food, buying silver, and finding out how to generate your own power. You will be helping yourself for sure. But I cannot say on a net basis, all opportunity costs taken into account.

    But I would certainly say you are doing good by your fellows. Doing good as such.

    http://www.offthegridnews.com/

  19. Bear in mind that though the Catholic Church has (for the most part) very worthy goals and a superb paternity, as far as its ultimate founder is concerned (or ultimate “founding myth” the matter is not entirely resolved) …… even that being the case they have been infiltrated by networks of sexual predators with a paedophile-gay twist to them.

    But the globalist/fractional reserve nexus are RAPISTS IN PRINCIPLE. The amount of rape and deviancy that will be going on must be gigantic. And its got to be creating enough hurt and humiliation every day to last a thousand years.

  20. Thelonious Monk used to get exasperated at music critics asking what it all meant with the jibe that “writing about music is like dancing to architecture”. But you’re definitely on to something Birdie with that shamanistic content or references in that song.

    But first, what made you think of or see reindeer?

  21. “Are we human or are we dancers” is a great hook for a song. But he didn’t say “dancers” he says “Dancer”. Simple reification? Or the naming of one of Santa’s reindeer?

  22. Wow. That is brilliant detective work, Graeme. I didn’t know the names of Santa’s reindeers or that Dancer was one of them.

    Yes. He definitely is asking are we human or are we dancer.

    The fur or feather cape the lead singer is wearing on his shoulders suggests that he is undertaking some sort of shamanistic transmogification into a supernatural alter-ego, such as another animal, perhaps reindeer as you say. Cervids, deer and elks (conflated with humans and other animals) are common rock and cave art motifs of Palaeolitic peoples thought now to have been produced under conditions of trance either induced or as a byproduct of inherent mental conditions of the individual artists responsible.

    It is disputed but the dominant current theory is that Native American shamanism originated in Siberia. Supporting this interpretation are the remarkable similarities between Siberian and Native American shamanistic art. There are literally 100s of shamanistic traits shared by American tribes such as the Mojave (formerly living in the Colorado river valley in Arizona and Nevada and California where I suspect the Killers’ video was shot) and the Cheyenne, far more than can be explained by mere coincidence.

    A recent theory is that Siberian shamanism only appeared about 4000 years ago among Bronze Age reindeer pastoralists which suggests that Siberian shamanism developed initially in the Americas and then diffused westward into Europe.

    • “Wow. That is brilliant detective work, Graeme.”

      You must enjoy having Graeme’s santorum all over your face, Phil.

      • Don’t be so jealous, Michael.

  23. That would imply a lot more back-and-forth interaction between the continents, then what we previously had thought. Which seems reasonably likely.

    • I see that lead singer Brandon Flowers is a Mormon from Las Vegas, Nevada and is a believer in the paranormal or supernatural in that he reportedly is a user of the ouija board to communicate with other worldly beings or spirits.

      In the song – which he has set in the Nevada or Mojave deserts populated with wild animals and birds symbolising great spiritual and physical power, beauty and freedom – he is wearing a animal hair or feathered cape and is rubbing the side of his head in a way to suggest that he can feel horns emerging, as from a stag or deer.

      He says he is cold and that could be because he has not been fully transformed to be covered in full-body hair (or feathers as those of the eagle or hawk seen in the early part of the film) that such animals require for their healthy existence.

    • Whatever the exact dates when the Americas were first peopled, there is widespread agreement that this happened toward the end of the Pleistocene Ice Age during what’s been termed the Upper Palaeolithic.

      The prevalence of shamanic elements in Native American religions and the high probability that Palaeolithic peoples in Europe also practiced shamanism raises the question of their relationship.

      There must have been many waves of immigrants over the millennia coming there from different starting points (it is thought, because of historical, linguistic and genetic data), perhaps from the Bering Strait on foot, perhaps from the west European lands by boats. Inevitably, they would have brought their religious beliefs and practices with them.

      Siberian shamanism is thought to represent a kind of cultural fossil that is our best model for the shamanism of the Palaeo hunters and gatherers of France and Spain and their cave art in particular.

      Many 20th century abstract artists have been directly influenced by Siberian shamanism, e.g. the Russian artist Wassily Kandinsky who studied in Siberia with Russian ethnographers working with shamans learning about their internal visions and their representation in art above all painting.

      Many shamanistic notions are said to be incorporated in a lot of European classical literature too, such as Goethe’s “Faust” and in classical music, such as that of Mozart.

      • There’s good evidence of a catastrophe. Perhaps about 3.5 thousand years ago. But in the archeological record the technological collapse comes later than that. Maybe 3.2 thousand years. Thats the bronze age collapse.

        Now they see it as some sort of mild backward step. But I think you can wipe out 90% of the population and keep the technology for some time after. You hold onto it and then it collapses later, when you can hold on no more. But the actual disaster is earlier.

        What I’m saying is that pre-disaster could have been a time of interaction with the Americas. And that might fit your time-table.

  24. Yes very interesting. I’ve noticed his songs usually have a bit of sparkle or twist to them.

    On another note some idiot has jack-knifed to the idea that I’m a creationist. This mental gymnastics seems to start from the basis of me typing flat out after work with a beer in hand, and not checking my spelling, or going back to correct it after the fact. The cretin has no opinion on how a dinosaur could evolve a neck that he was unable to use.

    “Questioning the existence of dinosaurs is a sure sign of a creationist.”

    That he cannot find me questioning the existence of dinosaurs ANYWHERE will not stop this moron. He also lies about me getting bested at the PZ Myers internet sewer. Like almost everyone in the skeptic movement silkworm is a compulsive liar.

    http://larvatusprodeo.net/2011/05/18/science-journalism-is-not-the-same-as-science/

    • Graeme, what other songs of his do you like? I’ve never heard of this group before. I read that Brandon has claimed that he will die on a particular day because of a message he received about this via ouija board.

      As a Mormon you’d expect he is a clean living young man, but then hypocrisy knows no bounds. I wonder if his interest in trance dances/song is induced through drugs or whether he is perhaps bipolar, as the shamans were, according to some theorists of the magnificent cave art that we know of in France and elsewhere.

  25. Silkworm is a very shallow, provinical creature with a pedestrian mind. Think JC on valium.

    He also has no sense of the numinous or the ineffable and is anti-intellectual and anti-spiritual to the core. Again, much like the gross buffoon JC.

    I wouldn’t give his views on anything a moment’s thought.

  26. A much better comment from someone else:

    “paul Norton, that link is awesome. But that blog post fails to take into account the possibility of a stable planet size, with time-varying value of G.”

    Thats right. I don’t think I mentioned varying atmospheric pressure, and varying proportions of the oxygen in that atmosphere either. The atmosphere can vary. A large comet can potentially suck some of the atmosphere away. A huge coronal mass ejection could blow some of the atmosphere off, and so forth.

    The readers are looking at this particular link:

    https://graemebird.wordpress.com/2009/02/23/the-impossibly-large-size-of-some-dinosaurs-is-convergent-evidence-to-an-expanding-planet/

  27. sg is one of the most fascinating blog commenters around. Often disagree strongly with him, but he has a fine mind, is incredibly articulate and knowledgeable across many disciplines, and persuasive or genuinely thought-provoking. Much like you.

    His exchanges/debates on LP with the redoubtable Fran Barlow, e.g. are a thing of beauty – from all angles and sides.

  28. Thats good news. Notice the unbigoted way he responded to my article
    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

    Having put matters under consideration I’ve come to the conclusion that the easiest place to live the good life in the solar system would be in hollowed out asteroids or mini-moons. Like if you hollowed out Phobos that would be a pretty good hang-out for industrial production and the good life.

    • Yeah, sounds absolutely wonderful, living inside a porous rock with no atmosphere …. WHAT DOES HOLLOWED-OUT MEAN YOU DOOFUS? AND YOU CLEARLY DIDN’T LEARN A DAMN THING FROM DYSON-HARROP. PHOBOS INHABITANTS WOULD HAVE ESSENTIALLY INFINITE ELECTRICAL ENERGY TO BE ABLE TO BUILD THE INNER ENVIRONMENT OF THEIR CHOOSING.

      • I asked you how you would hollow it out and what sort of lining would be needed

        NO YOU DIDN’T. IF YOU ARE FEELING DAFFY AND WISH TO TELL LIES MAY I SUGGEST THE INTERNET SEWER OF PZ MYERS OR DALE HUSBANDS PLACE.

      • Ok, I’ll play it your way.

        NO YOU WON’T. YOU WON’T LIE , AND THEN DOUBLE DOWN ON THAT LIE, LIKE DALE HUSBAND ON SPEED. YOU HAVE OTHER PLACES WHICH ENCOURAGE THAT SORT OF BEHAVIOR. THE PZ MYERS SEWER, JUST FOR ONE EXAMPLE. NOW GET ON WITH IT AND ASK AN INTELLIGENT QUESTION.

    • Dear Mr Bird

      How would you hollow out Phoebus? And what about the native flora and fauna?

      • My apologies, I was mixing up my Greek gods.

        Now that is an excellent idea Graeme, especially if, as thought, Phobos is literally a heap of rubble. It would therefore make a good site for a planet-sized factory. Ideally, people would only work their for short periods earning big $ allowing them to go hang out in more congenial places with trees and birds and other essential stuff for the mental health and happiness of humans.

  29. Hey bird

    have you seen this.

    they reckon the bangstas talked the US government into attacking Libya after they just bought gold.

    Do you have a position on this. Listen to the vid please.

  30. Sounds like the disinformation crew. But you might buy gold prior to launching a war. Why not? The key with bankers and war is that they are able to place debt on anything good in the country. Debt not oil. Oil is something to place debt upon.

  31. re When You were Young – The Killers.

    What a very interesting band. You’re full of surprises always dear Birdie. Their lyrics rock and I love that they are open to so much interpretation. No wonder they’re successful. I can imagine their fan base is located not exclusively but very importantly among Latinos in both North and South America. And Brandon Flowers is most certainly HOT.

    • When I was young the word was that being successful in music was all about selling out. I used to argue that if you brought a bit of intelligence to matters you ought to be able to do pretty well. You notice how they must think, not in terms of writing A GREAT SONG but rather of setting up an excellent iterative creative process.

      Here is their first hit. When they were really very young and less subtextual:

  32. We see that on the demand side, even under growth deflation, there would be plenty of demand for these loans. They being tax deductible. But supply would be restricted. Since the middleman would not okay a loan where he was going to be gypped of his $100 fee. It would definitely be a case of working carefully to find a borrower and working very carefully with that borrower such that the borrower develops a tax problem, even after the deductibility of the loan, as a result of the spending on some item which is set to increase his cash flow.

  33. When you really understand how a proper free enterprise system (with oversupply of land substitutes) would work you realise that the problems of this species could be solved very quickly. The working version, rather than this horrid goblinized farce sent to mock human freedom, is something of beauty and wonderment. And no part of the system needs to change more radically than money and banking to bring things up to speed.

    Just the sheer power we have to set things right through the reform of banking. It makes me feel like some fucking wizard. As though I’m the only one who knows how to cast that spell.

    We need to solve these problems so as to take up our inheritance in space. The species will conquer space as a mass-movement or the species will perish. I say this now under some influence from James McCanney. But also in view of what I’ve found out about Dyson-Harrop. Space is a place full of electrical energy. The best place to live the good life.

  34. It turns out in this regard that the loony greens are right in the very very long run. They just have to be more patient. In the very long run, when the ability to absorb people into ones space infrastructure is so much faster than any birth rate, then the earth can really truly serve as some sort of nature reserve.

    But banking and taxation reform comes first. Without that we stay on earth and one day our species dies here.

  35. This is absolutely brilliant.

    How wonderful to see a man at the height of his powers, representative of mass popular opinion across this great land, taking on the low-brow tabloid press and shock jocks, and News Ltd, so effectively. So devastatingly.

    Most of the subeditors and staff writers at News Ltd were chortling their heads off at this glorious effrontery today, believe you me, Mr B.

    Good times.

    • But fundamentally he’s being irrational about CO2. There is no getting past that.

  36. Now before you ask your question Flaps ……… I don’t think its useful to talk of Phobos as a “heap of rubble” Like other moons and planets, one expects it to be a large captured comet. And it looks like a thing of one major piece. Not any sort of pile of anything. Also relying on wiki to suggest its porous and just go on that by faith is a risky thing. Wiki gives the NASA line and NASA lies all the time. NASA still tells us that comets are snowballs. They really are possessed by the stupid demon.

  37. The advantage with hollowing out Phobos is that its already hollowed out. The low weight proves this. So someone has done this already. Which is hardly surprising. A few years ago I cam across information that proved the former existence of an industrial outpost on Mars. It was total proof. Convergent evidence with no argument for the contrary case. Well there was a couple of bankers, the moron Cambria, and the Imbecile Andrew Dumbell of Ozrisk ….. A blog that tries to pretend that science can be made of a ponzi-scheme ….. hypnotising themselves into not seeing what they were looking at. Then there was my babysitter of the time ….. Tillman. But none of them had an argument. Total proof on one side and no argument for the contrary.

    Anyhow the electrical nature of the solar system could not escape a civilisation who had their act together enough to set up camp with industrial gear on Mars. So they would clearly not miss the opportunity to turn Phobos into A Dyson-Harrop satellite already. So there is no doubt that Phobos will be found to be hollowed out, and 100% certainty that NASA and the disinformation crew will be making sure that few people absorb this reality.

    Go find out the excuses for the low weight of Phobos that comes from these drooling retards. Its an incredible eye-opener.


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