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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.

Don't you think

Friedrich Dominicus — Tue, 20 Dec 2011 06:49:00 GMT

it's time for a change in the US (amont every other developed country in the world)

Ain't you Americans so proud of "law and order"?

Now tell me why don't you stand up for law and just stick ot order(s)? Why are you not standing up for your freedom?

Think about it you have voted for democrats or republicans for ages. Does it have done any good for you?

If the answer is no, wouldn't it be time to change your voting habits? As I remember you can vote every 5 years or so. It does not matter how worse your current president is, You always can get rid of them. Wouldn't it be time to get rid of Obama and all this deledefs?

Why not give Ron Paul a chance. He stands at least for the constitution and civil rights. Wouldn't that be an option one could try?

And it's highest time to take back your money from your deledefs. So how about a new gold backed Dollar? Think about it. Would the banks be bailed out for "real" value? If the answer is no, why do you still believe in paper money?

So I don't know what you think but I think yes it's time for a change...

F Dominicus Blog : times are changing

von Mises run

Don't you think