The Elite’s Economic Quacks make their living by espousing the party line. For example, Paul Krugman lamely responded to the meltdowns by arguing…there’s “too much austerity” even as debt loads keeps rising every year. We gotta keep refilling the punch bowl with Quantitative Easing (QE) and Zero Interest Rate Policy (ZIRP). It appears that getting drunk on economic illusions might be quite stimulating. Continue reading “Joining the Elite’s Economic Illusions”
As mentioned in a Special Edition article, October 6, 2016…gold and silver got whacked. Except for an election result bounce…the slide continued. You may wonder whether it was natural market forces due to buyers and sellers subjective values…or a conspiracy of the Elite to beat down the price of precious metals.
Update: Since the beginning of the 2017…the trend has reversed. Subjective values change…the war on gold and silver will fail. As of Saturday, February 25, 2017 gold is $1257 per oz. and silver $18.34.
Federal Reserve System
Obviously, Federal Reserve Policy influences market phenomena. One of the negative consequences of their “Quack” monetary policies is the transfer of wealth from Main Street to Wall Street. Now, I can almost hear your mind say “Yes! This definitely seems to be a conspiracy to rip us off. Man, those Elites are some evil bastards.” Continue reading “Gold and Silver Plunge Ends”
Does conspiracy theory come from the minds of crackpots…or does it possess some validity?
Before we attempt to answer the question…let’s hear from Doug Casey, Founder – Casey Research.
“The CFR is one of about a dozen groups, like Bilderberg, Bohemian Grove, and Davos, where the self-identified elite gather.
These groups don’t have political power, per se. But their members are members of governments, large corporations, universities, the military, and the media. They all went to the same schools, belong to the same clubs, socialize together and, most important, share the same worldview. What might that be? They believe in the State—not the market—as the best way to organize the world.” Continue reading “Conspiracy of the Elite – Power, Scams, Swindles”
I will state that we are neither pro-drug or anti-drug. Because we exist as Objectivists …we remain neutral on whether you should or should not use drugs. That’s your choice…although we don’t recommend using them. Still, we will leave it up to you. However, we are 100% against the Drug War.
The Objectivist could partake in certain drugs…in order to reach accelerated states of awareness. However, he (she) takes charge of his thoughts, feelings and actions. He understands the supremacy of reason…and would never do anything to sabotage it. Drug addiction is completely out of the question.
Since conquering illusions and understanding reality is a daily quest…he makes his decisions based on cause and effect relationships. For that reason, he completely supports the legalization/decriminalization of all drugs.
Here is an excerpt from the new Kindle book Defeat the Lies of the Anti-Drug Crusader.
Continue reading “9 Mind-Expanding Reasons to End Drug War”
Gold and silver stumbles. Jim Rickard’s reporting from the Daily Reckoning.
“Gold had its biggest one-day loss in almost three years…Tuesday 10/4/16. The question is why.
There was no shortage of explanations (as usual). The main theme was that the dollar is getting stronger partly due to sterling weakness on new Brexit fears. The market also took the view that a December rate hike is likely (we agree) and higher rates also add to dollar strength.”
Here’s an update on Saturday, February 25, 2017. Continue reading “Gold and Silver Stumble Ends – Special Edition”
Individuals on a spiritual path eventually hear about the virtues of non-attachment and self-denial. Some teachings inform them that desire causes all pain and suffering, which obviously has an element of truth.
Once you become attached to your desires…you ride an endless cycle of alternating pleasure and pain…especially if you’re stuck in the Hive Mind Mentality. The Social Maze becomes a troublesome environment of failure and frustration…with a few minutes of pleasure sprinkled in. Continue reading “Illusions of Self-Denial and Suffering”
Have you heard about the New World Money? Here’s Jim Rickards reporting from The Daily Reckoning.
The IMF acts like the “central bank of the world.” It will have to issue massive amounts of SDRs to hold the international monetary system together. The result will be the end of the dollar as the leading global reserve currency. That’s why today’s developments represents such a dramatic change from the past.
SDRs are inflationary. If you flood the market in dollars of SDRs, gold will spike dramatically, probably taking it to $10,000. Will that happen tomorrow? Again, probably not. But the trend is in place. What are you waiting for? You can expect that the dollar will be devalued by 50–80% in the coming years.
Here’s the real kicker…or maybe I should say “kick in the rear.” You and I cannot officially buy SDR’s. The IMF (International Monetary Fund) is the only institution that can print and distribute the New World Money. Continue reading “New World Money – One World Government”
Today I noticed a billboard that had the following: “Does your vote reflect your morals?” At first glance it might seem reasonable that an individual should vote according to his or her moral principles. At second glance you might realize…this could be dangerous to the liberty and freedom of someone who lives by a different moral code…especially if this person sees through the illusions of the Hive Mind Mentality.
You might wonder…
How we determine if a system of morality is conducive to the needs of an Objectivst Warrior…or if it is based on myths, illusions and faulty principles? Continue reading “False Morality of the Hive Mind Mentality”
Does anyone actually believe governments and fiscally responsible monetary policies go together? Reality based individuals know the term good government is an oxymoron. Only a person lost in a haze of fantasy could answer in the affirmative. Obviously, governments always resort to the disastrous monetary policies of inflation and deficit spending. Politicians allow power to corrupt their body, mind and spirit. After all, these liberty violators work for the Elite…which means they shove their economic BS down our throats.
Do you ever wonder why the economy always seems headed to a recession or a depression? The plain fact is…members of the political and financial establishment completely disregard the laws of economics. Just observe, the engine of monetary mayhem, the Federal Reserve System. Continue reading “The Elite and Their Economic BS”