Tag Archives: MC1973

2019-Apr-28

Hi F John …

Thanks for replying to my question: “Which ‘we’ is going to separate business from the state?” I am shocked – shocked! – to hear you suggest that “We the sheeple” might be getting wise. Will wonders never cease?

[JR: I think that as “We, The Sheeple” get poorer in real wealth, they are going to ask: “Why?” unpleasantly!]

I’ve also been meaning to ask your opinion of the situation with Boeing and the FAA. Who would you say is at fault there? The FAA for allowing the business to do the part of the job the that the agency really should have? Or the business for then taking the shortest and most deadly path to the $$$?

[JR: I’d blame this on “regulatory capture”.  Crony Capitalists payoff the politicians and bureaucrats; they in turn a blind eye to the Crony Capitalists’ failures.  Eventually the politicians and bureaucrats go to work for the Crony Capitalists and the circle continues. It’s the same at the FDA & Big Pharma, the FED & Wall Street, USDA & Big Ag, DOE & Big Energy, DOEd & Big Education, and on and one and on.  The solution is to reduce the Gooferment size and influence.  When “we” crash on the rocks of debt, then “we” may get a smaller Gooferment?]

Thx. again.

Rob

Kuhn, Rob (MC1973)

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2019-Apr-28

Regarding Rob Kuhn’s note on “The Golden Dollar,” my nieces recently alerted me to a PA politicians who’s successfully scamming votes from younger people (and their parents?) by supporting an amnesty/forgiveness of student loans. Since I now have a very sexy-sounding Home Assistant sitting by my computer and doting upon my every utterance, I asked, “How much money is currently owed in the US for student loans?” I had a vague idea of the ballpark answer, but it was still a bit of a system shock to hear “her” dulcet tones inform me that there is currently 1.5 TRILLION dollars worth of unpaid student loans.

While my nieces and other innocent younger voters may be thrilled by the magical promise of making all that horrible debt disappear at the snap of some voting fingers, I think the obliteration of that amount of money might be more than a mosquito bite on our economy and taxpayers if it happens.

Thoughts?

Michael J. McFadden
Peace Studies, 1973

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[JR: There is no doubt in my mind that the “national debt” —  the current 121T+ national debt, the guesstimated 200T+ in unfunded liabilities that our posterity will have to deal with, the “mal investment” (a term from the Austrian “school” of economic theory), as well as the “personal debt” that people have taken on — will NEVER be repaid.  While a Gooferment “default” on these debts is unlikely, since it would probably lead to an even GREATER depression than ’29 and may start WW3, I personally believe that the Fed — The Federal Reserve Bank is a misnomer. IT ain’t “federal”. It reserves nothing. And, it ain’t a “bank”. It is a private cartel of the elite banks run for their benefit and that of the entrenched politicians. — will “monetize the debt” by just inflating the currency Zimbabwe-stye.  Even more concerning that some eye-watering inflation rate that will make 21% mortgages look like a bargain, “We, The Sheeple” and their children have been “educated” (i.e., TRAINED like a lab rat) not to save.  The artificially low interest rate, near zero for a decade, has, in addition to ruining “savers”, the poor, and the old fixed income people, has created a generation of “Spend-thrifts”.  They are well adapted for the German Weimar Republic conditions where people would spend any money they received as soon as they got it because in a few hours it was worthless.  So sad.  I’m saving in “hard money” so as to leave my heirs something of value.  It’s a sad end to the “American Experiment”.]

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“Blessed are the young for they shall inherit the national debt.” –Herbert Hoover]

2019-Apr-21

Rob Kuhn
2:24 AM (18 hours ago)
to Fjohn68

Which “we” is going to separate business from the state?

[JR: It’ll be “We, The Sheeple” when they don’t get their promised “benefits” because the Gooferment can no longer print money.  Eventually, all fiat currencies fall to zero. Some faster than others (i.e., Zimbabwe, Venezuela) and some slower (i.e., the Roman empire; the Ottoman empire).  At some point, the world will stop accepting “dollars” for products.  That’s what got Saddam and Gaddafi killed — they wanted to be paid in gold for their oil.  You haven’t heard much about the “golden dinar” because they realized that was a good way to bring down the wrath of the USA by messing with their monopoly on “dollars”.  But like all Ponzi schemes and games of musical chairs, they end when the music stops. And “the rubes” are getting wise to the scam.  One ugly chicken is coming home to roost!  IMHO]

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Kuhn, Rob (MC1973)

# – # – # – # – # 2019-Apr-21 @ 21:17

2018-Nov-19 0323

RE: ENDNOTE “We, The Sheeple” keep electing either side of the same coin

Interesting that they’d characterize THIS election as being “the most important of our lifetime.”

I’d have thought they’d reserved that spot for the 2016 election. I guess they’re not that upset about Trump after all, eh?

Michael J. McFadden
Peace Studies, 1973

[JR: Sorry I missed this but your comment was NOT ONLY overlooked, but it was flagged as spam.  Laff!  I guess those liberals have a lot of juice.]

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