The Mises Community

Do you really think you're better of?

Friedrich Dominicus — Wed, 16 May 2012 05:21:00 GMT

Dear US citizens, do you really think that?

Well ask you in honesty what Obama has done the last few years? Is there anything better than before?

Aren't you still printing money as mad and don't your Helicopter Bend thinks, he can print the US out of the misery?

Aren't your soldiers still killed world-wide? And don't your government put you all under terrorism suspicion?

I just can see you're going the way of serfdom. So do you feel that is better than what happened here in Euroland?

Well for an out/insider it should get more obvious. You're doomed as we are. It's just a matter of intellectual curiosity who will win the race to doom.

God shows sometimes mercy, but the fiat-money gods bureaucrats won't. I can assure you bureaucrats are best at killing. We learned that in Germany, and your prisoners in Guantanamo learn if from your "unusual questioning methods". Bureaucrats love to fulfill their given duties, especially harming others is high up on the "I like" ranking.

You as we are rapped and robbed every day. Just have a look at "what has government done to our money" and then compare your money do ours. Is there any difference? No it's money just because the government declares it to be money and threatens everybody with jail if one does not accept their notion of money. You are so fucked, up. As we are, yes both blocks are just marching deads. Land of the free? Well no....

"Must" readings

Friedrich Dominicus — Sun, 13 May 2012 06:20:00 GMT

I'm reading quite a lot and well I am arrogant enough to write that I found great writers and economists which have expressed much better what I thought to be true as myself.

Once upon a time I was learning farming. I worked on a paster station and I worked on a farm specialized on pig breeding and pig fattening. My father was a farmer as were both of my grandpas. So yes it seems I would be farmer too. And I started with it. I loved my work. At least most of it. There were jobs which were just gruesome. We had a disease under our pigs which one could not heal. So you have to kill fresh born shoats. I can assure you nothing is more terrible than to slaughter small ones. But that's another story.

Why I did not get farmer in the end. Well to my "misfortune" I had (and I guess still have) an idea what makes economic sense and what no. So the later farm was somewhere at the edge going bankrupt. But the problem I saw was that

everything was regulated
and even worse subsided

And last but not least to earn something around 50000 DM would require a farm well valued above 1 000 000 DM. That are roughly 5% with all the risk and all the work. Well this cut it for me. I would have other sources of income but I did want to "earn" my living myself with a "fair" return on investment.

Anyway the point I want to come back to are subsidies. To that time I had discussions with my father in which I told him subsidies are wrong. Under any circumstance. So most of my income would be not paid for by people wanting to have my stuff but subsidies this was a thing I could not want. And this was a point my father and I were of a completely different opinion. To that time I did not even know about the austrian school of economcs. How should I? I was grown in a higher school and my teachers were paid for by the state. You can not expect from paid public servants that they serve the customers (in this case the scholars) or anything critical about state control. All they had to teach us was and still is state controlled. Oh yes they will tell you it's for the better to use all, but that's just another lie.

So I did not follow into the farmers shoes (a thing I partly regret, because in this crazy times it is good to have something to get you fed). I still started my other "career" I'm now software developer (and to be honest I love it).

But back to my "readings". As you can see I start blogging around the time the first bail-outs were "done". (See http://fdominicus.blogspot.com) even to that time I did not know from the austrian school. How should I? I was grown also on a state controlled university and you can bet what the national economics are. They a breed on a state controlled school, and are raised than in state controlled universities paid for by the states. So no you can not really expect an austrian economic in universities. But as you can read through my other blog and my blog here, I did not know them as I started blogging.

And still you can see I'm a clear fan of open markets. Nothing could be more fair is my strong opinion. And during the last 4 years I learned about the austrian school and there it was. My feelings expressed in great books. I guess it started with something from von Mises (I can't remember really but it could have been human action). Well since then I read more and more about it and found my intuitive findings supported. And still I can understand that stuff (after all maybe the education at the university pays of for me, at least some parts of it are about critical thinking ) and there we have them: von Mises, Hayek, Rothbard. Now I have to get over 4 decades to learn anything about it, now tell me about mind washing....

So know I can clearly tell everyone which books to pick up to "get" something real. It's indicative that von Mises never has tought much on a university, hell the austrians are the devils in person of all the good-doers in every positions of the state. And still they are the only ones which saw it coming. NO OTHER SCHOOL WAS ABLE TO DO THAT. You can bet whom I do believe more. You have one guess free ;-)

Anyway they have written down what I has somewhat mangled up in my mind. And I'm delighted that I found that what I call horse sense (as you know I'm not an educated national economist) has some theoretical background and was the only school of thinking which could see it coming. So yes I see this as a confirmation of my reasons to even start my blogs.

You can call me arrogant or whatever you like, but it pleases me that things I figured out by myself are supported by the greatest economics the world has seen till now. And yes I'm proud that I figured this out by myself and that I could even see my bad feelings about the education at our "universities" have a sound foundation. So yes was able to figure that out myself but the books just showed me that I could not be that wrong. And yes I'm feeling also happy that I can name charlatanism if I see it. And yes the biggest crime ever was and still is the establishment of fiat-money. So we know it's evil and so we should stick to the von Mises motto: Tu ne cede malis, sed contra audentior ito (Latin: Do not give in to evil but proceed ever more boldly against it) and demand to get our money back and we have all the right to demand: "End the central banks".

And one thing I (the I in very Big letter) will never forget: It started with the feeling of a 19 year old boy learning farming, which figured out some truth (maybe even some eternal one) himself while condemning subsidies. I know it does not mean anything to anyone else, it makes THE difference for the man in front of his screen and keyboard...

Go if you think it's better.

Friedrich Dominicus — Fri, 11 May 2012 04:15:00 GMT

Dear Grees, you do not like the "solution" done by your Deledefs? Well you are not alone. I don't like it either. You should have not given any money, despite everything else that is the law. But find now you took the money, well then I've some news for your. You must hold contracts. I know that's old fashioned but it's the only way things can work.

You don't like to hold the contracts? So fine just return the money and go your way. I know you have burned the money, so you won't pay your debts. Anyway if you think that's ok go. But don't expect anything or anyone to help you against your than alone ruling Deledefs. You think you're better of without the Euro? Well that could be but your Deledefs will explain to you that it must be a new fiat-Drachme. Well if you think you're better of with that, I have really bad news for you. You Deledefs will print money as stupid. That means you shining new Drachme will be devalued right from the start in a speed you hardly will believe. Here's my take on it. The inflation will raise over 10% (I do not think that 25% are the upper bound) That will say in the first case within 7 years your wealth is halved. How do you like that?

If you think to go is better than think about what you do to your deledefs. I suggest sending them to hell. That's the place they belong to. Insist in a currency as value and do not cry. Getting away form addiction is hurting. And you have lived so long on debts, that not getting new stuff will be hell on earth. Anyway you've t pay the debts in one way or the other. Either with honesty (this is the most unlikely outcome) or by defraud. And you can bet you deledes will rob you. Anyway if you think that's better go. But don't come along crying how unfair you've been treated. You lived on a boom not backed up by anything but hot air. The balloon is busted, and it was you and the promises of an ever expanding state that has lead into that mess. You can try to learn or don't. It's up to you, so choose wisely....

surprise! suprise? suprises everywhere.

Friedrich Dominicus — Thu, 10 May 2012 04:42:00 GMT

Oh it was another wonderful day of surprises (well if one can still be surprised)

A bank is in more than knee deep trouble. And surprise, the CEO of this bank has asked for a Bad Bank at the beginning of the year. Surprise, surprise, the politicians play a major role in that bank. And surprise an insolvent bank is taken over by an insolvent state from Deledefs which have driven the bank in insolvency. Surprise.

But that's not all, the diverse institutions of the EU burn money, surprise. Let's see most of the EU is not been voted but "established" from surprise the parties in the diverse countries. And guess what the EU wants more money to pay their bills, surprise.

You can see the world is full of wonders and surprises.

Contracts, Law or not

Friedrich Dominicus — Wed, 09 May 2012 04:31:00 GMT

Well we learned the Greek do not want to pay their debt any more. Ah well it fits. Who cares about contracts? Who cares about saving in time? Who cares if the states sprawl epidemic?

The socialists of all color are at work. We know that from the diverse books ob von Mises (in this case Bureaucracy) And with too man of them (as e.g in Greece) the arbitrariness comes

It's clear that if you do have got paid from states (which means someone else has to pay for you, without the need of any delivery from your side), you like to keep it that way. And so if you go to the vote you will not choose for those "taking away" from you. Oh well yes who cares? Promises, light money, deledefs, central banks every part enough to send you into default.

Now I'm interested how the other defrauders will act. Saving? Come on let's be serious., that's nothing deledefs can. They just can take more from the productive, burn more money and grow like pestilence. You see the actions. Nothing really way saved, au contraire, the debts have grown even faster, and the levels of bureaucracy are still increased. Oh "yes" that's what we need more thieves.

And you can bet the laws are getting worse. It's more and more a means of oppression, it's not to save the individual of their states, it's to save the states for their people. It sucks very badly. And the states or nothing more than crooks. I hope they will have to pay their debts and misdeeds this time. (I know it's more likely that hell freezes over)

A View from the Trenches, May 7th, 2012: "The path from asset inflation to generalized inflation"

Martin Sibileau — Mon, 07 May 2012 17:31:00 GMT

M. Hollande has won the French presidency and fear is now widespread, that with the anti-bailout message sent by the Greek electorate, who voted this weekend too, the house of cards built by the European Central Bank may collapse. It is hard for us to see how this may take the markets by surprise, but….what do we know? We still remain long gold (although not so much as before, given the open and obscene manipulation this asset has been subject to) and bearish of stocks. Over the past week...(read more)

The vote in France

Friedrich Dominicus — Mon, 07 May 2012 04:46:00 GMT

As expected and wished for Hollande has won. The good thing having a socialist is that we're faster through it all. That's all there is to write.

France will now try to get the EZB printing more money, financing programs for the unemployment and whatever. The result will be as one can expect. We'll see more poverty more unemployed and even more debts. In the end the system will break down as von Mises has told up. Nothing can stop a credit expansion to stop. It's sonner or later the later the bigger the devastation. France will surely have moor poors and you can bet the functionaries will be fat.

Now if you followed this blog you will know what I expect. Now with a socialist at the top we'll see even more dangerous engagement in markets. So the race to the bottom is accelerating.

Other races to the bottom

Friedrich Dominicus — Thu, 03 May 2012 11:39:00 GMT

Well one might think some countries may learn from their own but also from other's countries faults. I guess I'm again very mistaken about it. As I wrote before it's obvious that the USA, Eurozone, Japan and China are racing to the bottom. One may ask why I include China the "big grower". Well very easy I say bubbles. And in China the bubble with houses are obvious. It's not yet the case that every Chinese can buy for 1000€/m² or whatever the price is. But it does not matter they have planned and build cities our in the nowhere an hardly anyone has settled there. So that's a classical malinvestement.

Last but not least Chins is a socialistic dictatorship. The PARTY is capable of nearly everything (as long as the party members are covered by their companions) I guess it would be very interesting to see how wealthy the member of the party are. I bet 1000:1 they are all much "richer" than the average Chinese worker. Every other outcome would be a big surprise

But I do not want to write about the stupidities of the developed countries. But the stupidity of socialists world wide. As you know Argentina has defaulted some 15 or so years ago. And now they start expropriating the "oil companies". Well the promises they made before the votes have cost dearly and Inflation is a serious problem to anyone living there. But hey it's not the actions to kill the market, it's the speculators stupid. Argentina has wiped our the middle class after that default. And now they want to wipe out the lower middle class also. So yes they have not learned the smallest think, neither from their own faults nor the money printing faults of other countries. So you can count in Argentina on the race to the bottom. I guess they will take the pace sooner than later.

The other stupid countries are Bolivia and Venezuela. In every country the socialists are at work and you can see it everywhere. Expropriation every where. Stealing from the people with high inflation and wiping out the small wealth the people have accumulated. So they will go down also. That's so fucking stupid and sad....

France may like to end the "german Vorherrschaft"

Friedrich Dominicus — Wed, 02 May 2012 05:52:00 GMT

Well on is for sure, the French do think of themselves as a grand nation and I guess we Germans are not that loved.

That has quite a bit of potential. Let's hope that Hollande will win, and so France will like to end the EU experiment. And well if in doubt. "Blame the Krauts". And indeed Hollande started this sound. I guess we Germans should not be too suprised.

I do not wish the socialists in France anything good. I just hope they got that kind of hell they seem to prefer. I'm sorry about the last liberals west of the Rhine. They will have to pay the bill. Everyone but the Deledefs know that they can not generate value. And so they are a waste, and someone has to pay for this wasting. That are the rests of productive workers.

So with Hollande we have higher chance that France will break down under itself and a Euro without France, well, that might get "interesting". But well better we end this socialists Euro sooner than later.... Let the French live and do as they like, let's just hope nobody else has to pay....

A View from the Trenches, April 30th, 2012:" Growth Pact? What Growth Pact?"

Martin Sibileau — Mon, 30 Apr 2012 14:05:00 GMT

If we have to summarize what drove the action last week, we will say it was the speculation over an upcoming (perhaps in June) Growth Pact in the Euro-zone. That was all. That did the trick. There is really nothing, absolutely nothing concrete. And no, we don’t think the market is speculating on a soon-to-come Quantitative Easing Version 3. But from pure intuition, it would seem that the market sees these conditions as necessary to take the any Pact seriously: a) Mario Draghi, President of...(read more)

It never rains but it pours.

Friedrich Dominicus — Sun, 29 Apr 2012 05:43:00 GMT

Well we see the catastrophes coming.

Spain, Greece, Ireland etc. have suffered (and are suffering) severly under a credit expansin. We know that this will lead to a catastrophe sooner or later. Von Mises has told us, Hayek hase told us and many others also. Currently it looks as if the Deledefs world-wide would like to be the template for credit induced defaults.

Anywa that is not all that has hit Greece, Span or Ireland. The other big big big problem are the subsedies of the EU. This money was of course not given to the people but other governments for "developing" their countries. And so they did. New streets of highes quality, bridges etc. All a bit larger because of he "expected" growth. Anyway in a free market that never would have happened (at least not so long and that absurd) and now they are hit not only with overwhelming credit but with a infrastructure too big (but anyway one has to support it or it will break down). I guess for the next few years thise cuttings will come and with it another wave of defaults (this time in the building industry)

The problem shows that one fault often leads to another while trying to fix it. And this time they are completly wrong. The problem was credit expansion but now they want even more form that and ECB should finance the states. That surely will not do. It's the biggest faule they can do. And so the header will struck with force but it's the Deledefs own fault. They never understand and work for markets always and ever for ever expanding government. Surely the way to hell.

What does disturb me most.

Friedrich Dominicus — Wed, 25 Apr 2012 06:36:00 GMT

Well there are two things

Actions of governments
Action of central banks

Well in this case I will link to a blog in German:http://www.rottmeyer.de/von-sparweltmeistern-und-anderen-erfolgsgeschichten/

The Irish government has started to support renters. And guess what the prices of renting do not have fallen as much as the prices for houses. That just means the state subsidies do prohibit falling prices on the renting market. Or the other way round the not supported renters have to buy higher prices than they must. Now if you are loosing your jobs, you may think about cheaper renting. But if you are not supported you loose.

And someones else has to pay the subsidies, that sucks so badly.

A View from the Trenches, April 23rd, 2012: " Remembering Von Hayek"

Martin Sibileau — Tue, 24 Apr 2012 14:55:00 GMT

(Originally posted on April 23, 2012, at www.sibileau.com ) Because simplicity is a virtue, we decided to skip a week and write our comments today. Why? There had really not been any developments during the past two weeks that would have made us change our views. To be certain, even today we think nothing really fundamental has changed. What has been keeping us awake at night however is the late and blatant manipulation of markets and key prices. The most obscene example is that of gold, where one...(read more)

Dear French

Friedrich Dominicus — Tue, 24 Apr 2012 04:19:00 GMT

Well chosen. I guess you are as fed with the Euro and EU as I'm. You decided it's time to dive down into socialism and a "great" Nation of France.

So vote for socialist an communist is a very proved way to dive down in poverty. And after this poverty come the markets. So you want a breakdown with a new beginning. That's one way of doing it.

I'd qualify this way as the dumb way. But well a nation with such a fine history of absolutism, probably has exactly the politicians who want to get there. And you prefer that over something else. So be it.

An intelligent answer would of course be the complete different. You would have send all the Deledefs to hell, shrink your bureaucracy and the power of you elites. Would stop stealing on such a large scale and give market and the buyers there choice. But I guess one need to have a certain kind of intelligence to see that. So you voted for the crude way. I don't wish those who have voted for that way luck, I spare that for

Those few liberals in your country which surely will have to suffer the most. Because they are the people who do not drown in debts. To those I say. I'm sorry for you and wish you all the luck. And I'm arrogant enough to suggest them starting to get their money out of their country and put it into real values elswhere. If France will be cheap to come back. And maybe this time you get some head start (I'm afraid that will just be it a "head" start because after a while the dumb other voters will vote again to steal more from you) But liberals never have a "real" home. Freedom just wanders along and with it the supporter of freedom. I guess that is what one names fate.....

You want an impression of debt madness?

Friedrich Dominicus — Sat, 21 Apr 2012 15:23:00 GMT

Run don't go

That's the world of paper money. All time gold would be cube of 20x20x20. Take that you fiat-money believers.

Where have all the bloggers gone?

Friedrich Dominicus — Thu, 19 Apr 2012 04:41:00 GMT

What's going on. Where are the Mises Blogger? Since days there is not update from anyone but me?

Do you have find the hidden value from Atla Shrugged? If yes, please tell me. I'd like to emigrate also

There is s much new bad news our there, that it's depressing. E.g our Bundespräsident thinks the ESM is a fine thing for more solidarity to Europe. This sucks. The politicians "discuss" if it's ok to pay day care of children at home.

There is voting time in Greece and France and it sees the left will win. Can you imagine those having started all this misery should have the means to get us out of this crapp

The ECB is considering a new round of money printing and it seems the Fed prepares something also.

So where are you?

What a choice

Friedrich Dominicus — Sun, 15 Apr 2012 05:27:00 GMT

Oh great you US-Americans have the choice Romney or Obama.

I just wonder where the choice is. Big money, big government, big new debts,big new military expenses, big new lies and last but not least civil rights abolishments in the name of "fighting terrorism". I has sympathies to you not too far back, but I think this has vanished like snow in sun.

I guess you simply lost how freedom is written and how it tastes. So be it, get you way and do not cry if you get poorer by the day.

Bernanke reload and fire again. You US-Americans are to stupid to see that money as debt is the disease not the cure.

For those not wanting to vote for either of this "politicians", good luck. To all the others go to the socialists heaven (but you will not be a functionary, just a small negligtible particle) . Bear all the poverty you wish upon others.

The sorcerers stone was found

Friedrich Dominicus — Fri, 13 Apr 2012 04:25:00 GMT

Money printing does not lead to inflation

Oh yeah. And that from a country which has disappropriated all the private creditors and have ruined the middle class through high inflation. Am I impressed? You can bet.....

Are you really serious?

Friedrich Dominicus — Wed, 11 Apr 2012 06:57:00 GMT

Dear US-Citizens are you really serious to vote for Obama again?

Have you ever considered whether he has lived up to his announcements?

Well it seems it does not matter. So vote vor Obama again and bear the consequences.

I wish you all the luck you'll need.

If lies do not cut it any more

Friedrich Dominicus — Tue, 10 Apr 2012 06:48:00 GMT

Maybe we see the end nearing. The debts worldwide were soaring the last 3 years and still there is not relief.

It can not come as a surprise to the austrians, liberals or libertarians. What we have seen was and just is "credit expansion". The central banks manipulate everything and so we do not have any idea any more about "prices" for money. Just remember what I wrote some time ago:https://mises.org/Community/blogs/fdominicus/archive/2011/09/08/who-could-be-suprised.aspx

Feel free so just search a little through older entries and I also suggest having a look at: https://mises.org/Community/blogs/tincho/

I also wrote about what one "should" try. There is one problem which will bite you whenever you are just having money in one country. This money is prone to expropriation. Especially worse is it for countries nearing the default or being in default. Greece should be a warning for every one. There are now at least 3 levels of creditors. IWF and ECB as "primary" creditors, ECS has not suffered any losses (all the papers bought were change to papers with the same nominal value), then come banks (they were partly bailed out, either through ECB, FED or other central banks and they could probably keep there looses below 50 or so per cent. Then comes the private creditor. They had to suffer losses beyond 80 %. That' s what will happen world-wide. If you think this well be a Greek specialty, think again and doubt it. If you believe the Fed, ECB or whatever political power will not do the same, you can start burning your money immediately.

There will be always problems if you are just "invested" in one country. The laws change and nobody will grant you anything. You own government does not shy away from robbery. So if you have all your property in your country they will get you. So be suspicious and send your money overseas into different areas. It's unlikely that you will loose everything at once following that route. But be cautious, one larger country getting into default will have implications on other areas also.....

A View from the Trenches, April 9th, 2012: "We're getting closer..."

Martin Sibileau — Mon, 09 Apr 2012 15:13:00 GMT

As Easter approached, we began to see a timid sell off in US stocks (but not so timid in Europe or Canada), in corporate debt, and in Treasuries. Treasuries later in the week rallied, but if you ask, we would see them still in a downtrend. This downtrend began with the implementation of the Fed’s latest currency swaps, at 50bps, in mid December. As we argued against public opinion (refer here ), the swap is a bailout that actually coupled the fate of the US with that of Europe, and not the...(read more)

Getting back to my predictions a year or so ago:

Friedrich Dominicus — Tue, 03 Apr 2012 09:59:00 GMT

JFYI https://mises.org/Community/blogs/fdominicus/archive/2011/02/03/my-predictions.aspx There you have it:

money still is printed and it seems some prices are starting to show it. (so I guess this can be seen as: On it's way)
money hardly can get cheaper (wrong. As it turns out at least the ECB has lowered the price for money again one trillione for 1% for up to 3 years. So with this we do have negative yields.
well the Dax has risen a lot in the last year and even since the starting of the year. So indeed it seems I got that right
it's to early to decide but at least it holds for all the over-debted countries. where everything goes down investements will also. And that is all too true e.g for Greek, Italy, Spain
This was on the point. You can see that all the plans for "saving" just means more taxing.
Well the first level surely was reached. You can check any statistics about Greece and Italy and will find capital exports. (So well I guess we're on a "good" will say bad day here.
) Absolutly on the point. The suppression of simple democratic rights, can be seen with the "non-election" of Mr Monti as prime minister in Italy, the ESM, the change of bought Greek bonds form the ECB which were the only one who get a full nominal value of the bought bonds. Whereas the Privates were disappropriated. See all the laws for more surveillance etc. So yes this has come even worse than I could imagine.

A View from the Trenches, April 2nd, 2012: "Reflections from an Austrian observer"

Martin Sibileau — Mon, 02 Apr 2012 20:07:00 GMT

Last week we had suggested that the strength of the Euro (by strength, we mean a Euro above $1,30) could be based on the fact that the liquidity lines extended by the European Central Bank were collateralized. As the sovereign risk of Spain,Italy and Portugal had deteriorated, so had the value of their sovereign debt diminished and, as this debt had been used as collateral by the banks of the Eurozone, these banks would be forced to sell assets and buy Euros to post on margin. It was simple and beautiful...(read more)

Reflexiones de una Estudiante

Rodrigo Diaz — Sun, 01 Apr 2012 23:31:00 GMT

Una universitaria cursaba el último año de sus estudios. Como suele ser frecuente en el medio universitario, la chica pensaba que era de izquierda y, como tal, estaba a favor de la distribución de la riqueza. Tenía vergüenza de su padre, un empresario exitoso. Él era de derecha y estaba en contra de los programas socialistas.

La mayoría de sus profesores le habían asegurado que la de su papá era una filosofía equivocada. Por lo anterior un día ella decidió enfrentar a su padre. Le habló del materialismo histórico y la dialéctica de Marx tratando de hacerle ver cuán equivocado estaba al defender un sistema tan injusto.

En eso, como queriendo hablar de otra cosa, su padre le preguntó: -¿Y....cómo van tus estudios?

-Van bien -respondió la hija, muy orgullosa y contenta. Tengo un promedio de 9, hasta ahora. Me cuesta bastante trabajo, prácticamente no salgo, no tengo novio y duermo cinco horas al día, pero por eso ando bastante bien, y voy a graduarme a tiempo.

Entonces el padre le preguntó:

-Y a tu amiga Melisa, ¿Cómo le va?

La hija respondió muy segura:

-Bastante mal, Meli no se exime porque no alcanza el 6, apenas tiene 4 de promedio. Pero ella se va a bailar cada semana, pasea, fiesta que hay está presente, estudia lo mínimo, y falta bastante... no creo que se reciba este año.

El padre, mirándola a los ojos, le respondió: -Entonces habla con tus profesores y pídeles que le transfieran 2.5 de los 9 tuyos a ella. Esta sería una buena y equitativa distribución de notas porque así las dos tendrían 6.5 y se graduarían juntas.

Indignada la chica le respondió de inmediato:

¡¿Papáaa.... ¿estás borracho o qué?! ¡Me rompo la madre para tener 9 de promedio! ¡¿Te parece justo que todo mi esfuerzo se lo pasen a una vaga, que no se esfuerza por estudiar, aunque la persona con quien tengo que compartir mi sacrificio sea mi mejor amiga?!... ¡¡No!, olvídate! ¡No pienso regalarle mi trabajo!!

Su padre la abrazó cariñosamente y le dijo: ¡Hija mía.... bienvenida a la derecha!

MORALEJA: Todos somos rápidos para repartir lo que es ajeno. Este mensaje es muy cortico, tremendamente claro y se aplica 100% a nuestra realidad social. El pensamiento es de A.Rogers (1931) quien sostiene que todo lo que una persona recibe sin haber trabajado para obtenerlo, otra persona lo deberá haber trabajado para obtenerlo, pero sin recibirlo...

El gobierno no puede entregar nada a alguien, si antes no se lo ha quitado a alguna otra persona. Cuando la mitad de las personas llegan a la conclusión de que ellas no tienen qué trabajar porque la otra mitad está obligada a hacerse cargo de ellas, y cuando esta otra mitad se convence de que no vale la pena trabajar porque alguien les quitará lo que han logrado con su esfuerzo, eso... mi querido amigo... es el fin de cualquier Nación.

Simplemente no se puede multiplicar la riqueza dividiéndola.

Now it's obvious

Friedrich Dominicus — Sun, 01 Apr 2012 06:58:00 GMT

As written yesterday I was going to a demonstration against the ESM.

In short the outcome feels devastating. We were just around 200-300 participants. So now we probably got on idea on how the last democrats at the end of the Weimarer Republik may have felt. 95% of the Germans seem not even know what ESM means. Those who have to decide upon it seems to be eager to sign the next Ermächtigungsgesetz. Indeed roughly 800 000 Germans have protested by some mail etc. That's well 1% of the population. And now one can see the "merits" of democracy

The majority does what it wants and the minority has to obey. That's great. And so we may have more than 50% of the inhabitants taking one of the other subsidy of the state. And the other nearly 50 % have to do what? Pay. (and pray it won't get more)

It really feels the world has gone mad. Normal behavior is now some kind of absurdity. And stealing from states a "blessing". Well so be it. Anyway even if it would have been me alone, I would not care. It's not of anyone that I'm doing this "stupidities" it's because it's for me. One day this system of slavery comes to an end and maybe my children remember one thing. Father has not take part into it, but tried to fight it wherever he could. This times have one strange new thing. Things I write here may stay here for a while. Even beyond my death. And so there are others we do not forget. Think of the books of von Mises, von Hayek, Rohtbard. They are still there to guide us, and warn us and see the Motto of the old Mises blog: Proceeding Ever More Boldly Against Evil. It's not those wanting to leave in peace and sound money who are the evils, and if there is not much we can do we still can write, think, speak. I will proceed with it, do the same and we'll be maybe not fine but at least better ;-)

Next stop for me is to file a suite against the ESM at our Bundesverfassungsgericht, I do not believe a second that the majority will decide against ESM and that our Bundespräsident will not sign this Emächtigungsgesetz. He speaks of freedom, we'll see what he means. Signing ESM would just be another broken promise and I assure you that would not be of any suprise to me. I even dare to say the Bundesverfassungsgericht will not stop this Ermächtigungsgesetzt. But if there is one left who may do, it's this highest court of Germany.

I dare to say you US citizens are not better of either... We'll see what your supreme court will tell us about the ObamaCare.....

Anyway this systems come to an end. Maybe not today, maybe not tomorrow maybe not in even 10 or fifty years, but they will go done. And that's a good thing.