There is only one way this can end. It is the same end that the John Law or Mississippi money came to when it was the Banque Royale and, with the Bank of England’s paper money, created the South Sea Bubble, a hyperinflation, which crashed in 1722 and led to a 60 year depression.

The Mongol Khan empire did this thing with “mulberry bark paper” money roughly the time that Marco Polo was over there. That empire also fell due to a hyperinflation.

The French Revolution fell apart into the Reign of Terror over price controls (literally death penalty for pricing goods over the Directorate’s fixed prices – many shopkeepers were guillotined) and hyperinflation of the assignat and then the mandat. Napoleon made a lot of loyal followers by restoring gold and silver.

Both the Confederates and the Union had inflation. Neither ended especially well off economically. Weimar Germany satisfied its war reparations under the Versailles treaty by printing money to the point of hyperinflation. Austria had a hyperinflation in the early 1920s, as well.

Unfortunately, the suggestion von Mises made in 1923 to end the Austrian 50,000% per annum inflation, just stop printing, might not work at this stage. See, there’s all this money already printed which has been shipped to other countries to finance the feral gummint’s debt, and to buy stuff. Many trillions of dollars can come zooming back into the USA with the stroke of a few keyboards.

This time the hyperinflation might take place in a single day, or just a few days. Gold priced at $844 today might be worth $84,444 tomorrow. Personally, I don’t think it’ll be one day this year. But it may be one day soon.

And, as TE Lawrence once said, before leading 50 men across the Empty Quarter to attack Aqaba, “It’s going to be fun!”

MHW

abandoned government buildings should be reused to left abandoned, possibly auctioned off, depends on the circumstances.

member states should be encouraged to deregulate marriage, eliminate welfare, eliminate unemployment, end taxation, accept voluntary contributions, end eminent domain, prostitution

nomore border control. nomore border, actually.

you can be an Iraqi member of the USA and an American sovereign individual

but yeah as a libertarian, I support cutting programs, because I know they don’t hold water to the likes of mises and other libertarian organizations.

healthcare: leave to states, no federal policy

why? I reseached this subject and have found that the states have supreme rights to govern over their citizens, however, the federal government should push the states to adopt a policy of vluntary association, allowing individuals to leave the states, if they so wish.

same thing with abortion, though, a president should make the case for banning abortion not being able to solve the “problem”

same thing with drugs, end federal mandates, end the federal WoD, encourage member-states to legalize all drugs.

Destroy Iraq’s corrupt government, leave troops there to only secure Iraq from externalities, allow the people known as “Iraqis” to be free to choose their own governments…or no government. Their choice. All governments must allow voluntary association or they will be destroyed. Strict anti-statism policy in iraq/afghanistan

Try to end all federal taxation

end social security

make the us military truly voluntary

“go green” with government & military

We should, however, be willing to bailout foreign vassals from their slavemasters. Ohh yes. Ethiopia should be bombed imo. Send in forces to Somalia and allow Somalians to govern themselves, government or no government. There should be no external influences.

That’s just what I’m feeling, right now, anyway.

Once you start going down the bailout route… where do you stop? Why are the auto companies less deserving than the big banks?

Fact is, none of them are particularly deserving. We see the jobs “saved”, but we never see the jobs that are never created because the capital went to prop up the dying/stupid industries.

We’re basically printing money to do all this too. What distortions will that create?

Well Saint Barack is coming and I am sure he will have a Most Splendiferous and Totally Awesome Plan that will save us all.

http://ruwart.com/Healing/rutoc.html

See

http://ruwart.com/Healing/chap3.html

http://ruwart.com/Healing/chap4.html

Readings for the Midnight Mass, celebrated during the night before Christmas Day:

First reading Isaiah 9:1-7 ©
The people that walked in darkness
has seen a great light;
on those who live in a land of deep shadow
a light has shone.
You have made their gladness greater,
you have made their joy increase;
they rejoice in your presence
as men rejoice at harvest time,
as men are happy when they are dividing the spoils.

For the yoke that was weighing on him,
the barb across his shoulders,
the rod of his oppressor,
these you break as on the day of Midian.

For all the footgear of battle,
every cloak rolled in blood,
is burnt,
and consumed by fire.

For there is a child born for us,
a son given to us
and dominion is laid on his shoulders;
and this is the name they give him:
Wonder-Counsellor, Mighty-God,
Eternal-Father, Prince-of-Peace.
Wide is his dominion
in a peace that has no end,
for the throne of David
and for his royal power,
which he establishes and makes secure
in justice and integrity.
From this time onwards and for ever,
the jealous love of the Lord of Hosts will do this.
Psalm or canticle: Psalm 95:1-3,11-13
Second reading Titus 2:11-14 ©
God’s grace has been revealed, and it has made salvation possible for the whole human race and taught us that what we have to do is to give up everything that does not lead to God, and all our worldly ambitions; we must be self-restrained and live good and religious lives here in this present world, while we are waiting in hope for the blessing which will come with the Appearing of the glory of our great God and saviour Christ Jesus. He sacrificed himself for us in order to set us free from all wickedness and to purify a people so that it could be his very own and would have no ambition except to do good.
Gospel Luke 2:1-14 ©
Caesar Augustus issued a decree for a census of the whole world to be taken. This census – the first – took place while Quirinius was governor of Syria, and everyone went to his own town to be registered. So Joseph set out from the town of Nazareth in Galilee and travelled up to Judaea, to the town of David called Bethlehem, since he was of David’s House and line, in order to be registered together with Mary, his betrothed, who was with child. While they were there the time came for her have her child, and she birth to a son, her first born. She wrapped him in swaddling clothes, and laid him in a manger because there was no room for them at the inn. In the countryside close by there were shepherds who lived in the fields and took it in turns to watch their flocks during the night. The angel of the Lord appeared to them and the glory of the Lord shone round them. They were terrified, but the angel said, ‘Do not be afraid. Listen, I bring you news of great joy, a joy to be shared by the whole people. Today in the town of David a saviour has been born to you; he is Christ the Lord. And here is a sign for you: you will find a baby wrapped in swaddling clothes and lying in a manger.’ And suddenly with the angel there was a great throng of the heavenly host, praising God and singing:
‘Glory to God in the highest heaven,
and peace to men who enjoy his favour.’

Not just simple, but oversimplified. Regime regulation of the kind UAW lobbies for has actually slowed down the pace at which conditions for workers improves.

Who are you agreeing with? Not the LP, not me, nor, I think, anyone who posted above you. None of us want public ownership, if by public you mean regime.

I would agree, though, that there are problems with state corporate capitalism. One possible solution is to make every shareholder legally responsible for the actions of the companies they own. If you deduce that this would create a problem for companies which are so big that it is impossible for their multitude of absentee owners to know what they are up to, that is in fact the point.

But, as a firs step, the state should stop ripping off tax victims to “bail out” its crony capitalists.

The UAW is one of the main reasons we have a middle class, er, had a middle class, in the US. It was the CIO’s militancy that forced Ford etc to stop simply stealing from consumers and made sure some of the prosperity went directly to working people. It’s simple economics and history.