Posts

Organized Theft in the Name of Government

-
Image
Most Americans today tend to think of private property simply as a home – the place where the family resides, stores their belongings, and finds shelter and safety from the elements. It’s where you live. It’s yours because you pay the mortgage and the taxes. Most people don’t give property ownership much more thought than that. There was a time when property ownership was considered to be much more. Property, and the ability to own and control it, was life itself. The great economist John Locke, whose writings and ideas had a major influence on our nation’s founders, believed that “life and liberty are secure only so long as the right of property is secure.” John Locke advocated that if property rights did not exist, then the incentive for an industrious person to develop and improve property would be destroyed; that the industrious person would be deprived of the fruits of his labor; that marauding bands would confiscate by force the goods produced by others; and that mankind would be...
Post a Comment
Read more

Advancing Time: Economic Feast or Famine Ahead? Opinions Vary

-
Image
Opinions wildly vary following the Presidential election as to whether we are facing an economic feast or famine. There is the notion the stock market will continue to melt up with Trump riding to rescue America's economy. He is doing this with his new best friend Elon. This of course discounts the idea momentum is to the downside and the bull market in stocks is long in the tooth.   What some economic pendants refer to as the "everything bubble" has propelled the wealth effect forward at the same time higher interest rates have bolstered the spending of savers. It is important to remember that much of this economy has been built on this so-called "wealth effect" which has over the years come off the rails leading to economic crisis. This leaves the question of, where things go from here. These include the effects of inflation or deflation and how they are destined to play out.  Below are a few of the factors being spun by those making a bullish or bear case: Th...
Post a Comment
Read more

The Parasite Class

-
Image
I deplore the blame game, so often used to divert attention from the real issue or problem. I rail against the fake binaries deliberately created to divide and rule us, and yet, in this article, I refer to billionaire oligarchs—and their establishment—as “the parasite class.” Please bear with me, I will attempt to explain this apparent hypocrisy. A current internet search on the term “oligarchy” will repeatedly try to convince you that oligarchy relates specifically to Russia. This is complete rubbish. An oligarch is someone who has amassed immense wealth and converted it into political and social authority. That is what an oligarch has always been, ever since humanity started calling them “oligarchs.” Russia is an oligarchy but, as revealed by almost all political theory and the thousands of years of political philosophy, science and history, so is every other nation state. The question is how does one become an oligarch? The suggestion is that some achieve oligarch status due to thei...
Post a Comment
Read more