F Dominicus Blog : abhorrent

Control? What control?

Friedrich Dominicus — Sat, 16 Jun 2012 05:35:00 GMT

Ah well now it seems to get catastrophic.

The Greeks vote again. And Europe may come to an end. At least the Euro Europe. In Germany the system press, paints a picture black in black. According to the comments the Euro is a showpiece of a project that brough us Peace, Wealth, Rightness. Sorry I've to stand up and run to the toilett.

Here I am back. The Euro was not wanted from most of the Germans, it was warned to introduce a common money without a common social and economic base. The idea obviously was with the money comes "sanity". Well that so stupid that it hurts

Hardly never in history sanity was really high on the list. Just see the wars, just see the biggest crime the introduction of central banks and fiat-money. The wars since 100 years could not have been fought with "sound" money. But with Fiat-money printing is not even to be mentioned. Just print and fine you are. Well now the wars are the biggest destroyers of wealth. but I guess they will go on telling us it's for a higher good.

Never before in peace times, the debts were that sky high. And this what we get from welfare states. It's an Oxymoron, the only things states can do is destroying. They can not build they just bring misery over anyone living in them. The states start small and protection of the individual is first high on the list. but now see what our states are, defrauding systems. And the destroyers of civil rights try to get rid of as much responsibility as they can. I'm not sorry, you politicians simply and plain suck.

And now they are starting to sucking us out really. And down we go the path of poverty. ...

von Mises run

Friedrich Dominicus — Mon, 11 Jun 2012 04:25:00 GMT

well yes there are no good news. There are currently just bad and worse news.

Now it's the spanish banks, another 100 billion. I wonder from where that money comes. And you know the answer. It comes from new debts and this debts have to be beard by the tax payers. Oh yes they won't honestly higher the tax immediately, but the invoice will come. And it's always those who have and live within their financial limits, which have to pay. I guess it will be as usually. The inflation will be driven up, the tax is driven up and those not paying taxes will not even recognize, that's somebody get's robbed.

The different loosers in the different countries are cheering another looser. Really they tell, what a good thing that Spain takes the EFSF money. Well you can see it's not the idea of market which prevails. It's from a to z socialism pure. And every socialist country get bankrupt within around a live span of a man.

And again the best safety net for the savers would have been sound money, and there you have it. The last we get is sound money. We'll see more money printing, more card houses of debts. I know it's stupid, people with at least a slight idea on economic thinking know it's stupid and yet those who know will get overturned by the majority. And as we can see e.g in France the majority just is stupid as wood. I really wonder how the French think Hollande will pay for all "his" promises. They really must think the state is a money spender. And they simply do not get it that it's robbery which keeps the states afloat. One should not wish bad for others, but I feel it is needed that they suffer under exact the conditions they seem to prefer.

And it's now starting to get really worse. The banks are bankrupt and the states a bankrupt, and the stupid people still believe the state can steer anything. They are steered and it will show, and the more they deny the facts (money has to be earned) the more devastating the outcome.

abhorrent

Friedrich Dominicus — Wed, 07 Dec 2011 04:39:00 GMT

Well if you follow the "wordings" in the debt crisis you'll see abhorrent and unfortunately very dangerous words.

They are talking about a currency war, and they use the same oratory like in real wars. What the point in that?

There but one enemy in all states it the own government and you won't hear something about a currency war neither in the US population or ours. We could get along very well without anyone telling us that the other is our "enemy". And it's a plain lie. The day the Euro countries will break down the day thereafter the US will crash. And the same the other way round.

The deledefs probably know that they all are broke. The official debts alone are enough for breaking the states, but upon that there are the coming debts. Neither the US nor any Euro country has build reserves for the coming pension payments. Just remember GM? It was broken by promised pension obligations. And that was just a company which has to "earn" their money. But the pension obligations are gone and taken over by government. And add another promise waited to be broken on the mountains of broken promises.

The states are the incarnation of inefficiency and waste, but they won't tell you that sad but honest truth. No on working for bureaucracy in government does do anything good. They are just burning money. And this money is extorted from the monopoly of force of the governments. So guess that the states do all they can to claim and hold their populations as hostages. And some are more than willing to serve as death camp guards. They do eve believe they do something good. It's abhorrent.