Witches Brew: Part 3 - Attack of the Locusts!
The developed world has now become a fully operational Something-for-Nothing society. Once a Something-for-Nothing psychology has been fully implemented the majority of its citizens have become the functional equivalent of LOCUSTS!
Unable and unwilling ( they no longer have the skills to make the wages they believe they are entitled to ) to produce more than they consume and support themselves they set off the consume those that do to FEED on and SUPPORT themselves. The TAKERS or WEALTH EAT the MAKERS of WEALTH, Cannibalism of the worst sort.
Once they have achieved voting majorities the economies they inhabit are much like a farmer's field. They eat everything down to the roots and next years seed corn. Nothing is left to create future wealth and total destruction of production of wealth is the result. "Something for Nothing" societies are a PRODUCT of a number of factors which combine to destroy the lives and future prospects of the majority of its citizens. Creating desperate mobs of citizens easily manipulated by FEAR. It DRIVES the final descent into economic and societal COLLAPSE.
The developed world elites, public servants and banksters have converted the capitalist economies which created the greatest, wealthiest and most productive economies in history to SERFDOMS.
Something-for-nothing societies are man-made products of socialists/progressives repeating history. As Ben Franklin once said: "Those that forget the lessons of history are DOOMED to repeat it". We are repeating it, think Rome, the British empire, etc. Socialists ALWAYS believe they are smarter than anyone, (that this time it will work contrary to histories lessons), including former socialists who destroyed their nations in the past.
There are five elements to creating a SOMETHING-for-NOTHING society:
- The first and most important element is UNSOUND money and the destruction of private property rights.
- The second element is a CENTRALLY controlled public school system to destroy the wealth of the nation by crippling the ability of citizens to solve problems, be economically productive and self-reliant, think for themselves, and understand history as to learn its lessons.
- A mainstream media that reports misinformation as fact to manipulate the masses (useful idiots created by the public school monopoly's) for the benefit of socialists and elites who control things.
- The third element is to make the middle class in SERFS and slaves to government and Banks in one form or another.
- The last element is to embrace the very leaders who have preyed upon them and support them in ROBBING the very parts of their economies which are the only hope of a prosperous future aka KILLING the GOLDEN Goose.
Let's begin with number one, and this is actually the key/master thread to most of today's chaos and it originally began when the Federal Reserve in 1913, at Bretton Woods I in 1945 the dollar remained convertible in gold but only for central banks and in August 1971 the final denouement when the dollar became redeemable in NOTHING but the private property of the citizens of the United States.
On that fateful day the greatest theft of wealth in history took place and big government progressives substituted IOU's for the semi sound money its citizens had held up to this point. The functions of money were altered and not one man in a million recognized what had just transpired. Here is an illustration:
"The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate secretly and unobserved, an important part of the wealth of their citizens... There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose"
- John Maynard Keynes
Capitalism in its REAL form has been destroyed (crony capitalism has been substituted) and the society has been DEBAUCHED as he correctly observed. The ability of the public to hold and store wealth ended on that day. And NO ONE REALIZED IT AT THE TIME. What money is and has to do to work properly (create the incentives to save, work hard and invest) have not been taught in decades to ease the OUTRAGE that would be expected to emerge if the citizens understood what was done to them.
It was at this time that the PRIVATELY OWNED central banks and banking systems began the rise in POWER (over people, governments, corporations, politicians) which they have attained TODAY. It has been in practice for over 400 years).
"Let me issue and control a nation's money supply and I care not who makes its laws."
- Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty
In today's world it is IMPOSSIBLE for the common man aka the middle class to save and accumulate wealth as they have very few places to STORE IT away from the predators that own and control the central banks and financial systems. The middle class has been sold the IDEA that money is a risk free asset and store of value and it is NOTHING of the SORT.
It is a system of wealth confiscation and transfer to the banking systems which control EVERYTHING ELSE. When a dollar is printed out of thin air the equivalent amount of PURCHASING power is transferred to the new dollars from the dollars stored in the bank. The citizen's BANK balance STAYS the same but ALWAYS BUYS LESS. This process is now CARREENING out of control to maintain the SOLVENCY of the elites and DELEVER their INSOLVENT currency, government, financial and banking systems.
It is easy to illustrate the before and after CONSEQUENCES of Bretton Woods II and how it changed the FABRIC of society (economic system) from one of creating wealth to that consuming it with money printed out of thin air. This is the SOCIETAL and ECONOMIC debauching Keynes spoke about.
In 1965, I was a ten year old boy and earned an allowance of 5 dollars a week for doing various chores around the house. I must have been a real money bug from early in my life. I would go to the bank and exchange 2 of them for SILVER DOLLARS or 4 silver quarters (put in a savings jar) and leave the rest in paper for spending. I had a go cart and could get 4 to 5 gallons of gas for $1 dollar, or go to the store for my mom and buy 4 or 5 loaves of bread with either the silver or paper dollars.
Fast forward to today. The silver dollars NOW buy 10 gallons of gas or 10 loaves of bread and the paper dollars buy 1/3rd of a gallon of gas or 1/3rd of loaf bread. Which one is REAL MONEY? This is why our Fathers and grandfathers could store wealth in their MONEY. It was a store of value and purchasing power.
REAL MONEY is slightly deflationary and picks up purchasing power over time. Combine that with small amounts of interest compounding and a prudent saver COULD retire comfortably after 40 years of hard work. NOW NOTHING OF THE SORT COULD HAPPEN because of the NATURE of the MONEY. Saving money is now a FOOLS ERRAND.
NOWHERE and NOBODY teach what money is and what it must do to be sound to FACILITATE the FLEECING and theft of the wealth from the MONEY (IOUS).
( Author's note: In my opinion, this is NOT Doom and GLOOM , it is one of the greatest opportunities in HISTORY. Invest properly for this outcome and Prosper, invest looking in the REARVIEW mirror and your wealth will be irreparably DAMAGED. Volatility is opportunity for the prepared investor. As it is priced in and markets ZOOM higher or LOWER to price in collapsing economies and money printing huge opportunities are created. Is your portfolio structured to thrive? The greatest transfer of wealth from those that hold it in paper and financial assets to those that don't is UNDERWAY. Restoring fiat currencies to sound money and absolute return alternative investments with the potential to thrive in all market (up, down and sideways) conditions is what I do. If you have an interest in learning more and working with Ty: CLICK HERE
What has switching from REAL money monetary system to a PURE FIAT CURRENCY system wrought on the MIDDLE class and all of US? Since August 1971 things have changed considerably for those that put their trust in the dollar. Here is an illustration:
Notice how it went VERTICAL in the mid 1970's when money became IRREDEEMABLE? This is a picture of the MONEY you are paid and store your wealth in, and your living standards are the reciprocal. STORING wealth IN PAPER currency is a FOOLS errand in today's monetary systems.
- Gold is the currency of KINGS
- Silver is the currency of MERCHANTS
- Credit is the currency of SLAVES
- Credit is NOT MONEY
In August 1971 Americans went from the top two categories to the bottom two categories in one fell swoop!
"In the end all paper money returns to its intrinsic value: worthless".
"Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through excessive quantity"
- Nicholas Copernicus, 1525
"Gold is money, everything else is just credit."
- J.P. Morgan
Money is now a government sponsored monopoly designed to change the private sector into a land of serfs to governments and banksters and they have done so. In exchange for UNLIMITED funding for government the economy is run for the BENEFIT of the BANKING systems. THIS IS WHY THE MIDDLE class is GONE, killed by the governments and banking systems they have placed their trust in.
The second element of creating a something for nothing society is a PUBLICALLY CONTROLLED (centrally planned and directed) school system. When I was a child schools where controlled by local and state governments in cooperation with local parents through the PTA (parent teachers association).
It was thus VERY accountable to its students and curriculums where devised by parents and teachers together to MAKE sure the fundamentals where thoroughly learned to PREPARE the children to be productive as they mature and learn the lessons of history rather than repeat them.
We have gone from the CLASSICAL curriculum developed over CENTURIES since the founding of the UNITED STATES:
Classical Conventional Curriculum of the baby boomers and previous generations:
- Self-reliance, Hard work
- Ability to solve problems
- Reading, writing and arithmetic (HIGH levels of PROFICIENCY)
- Ability to think for yourself
- The lessons of history. Classical reading
This created a wealth of productivity, wealth creation, huge middle classes, personal responsibility and a moral and just society. The more educated the public became the more prosperous and wealth FLOWED to its citizens in sound money. Which then when reinvested created the next WAVE of WEALTH CREATION.
Now the objective is just the opposite to enhance the OPPORTUNITY for GOVERNMENT and BANKSTERS to PREY, VICTMIZE and MANIPULATE them. To a politically correct system designed to create what Vladimir Lenin called USEFUL idiots (pawns of government, elites and banksters). Defined as:
- Control the public schools and teach dependence on government
- TEACH childlike trust in government
- That you are ENTITLED to something for nothing (healthcare food, pensions, disability insurance, shelter)
- Whether you earn it or not
- Don't teach history and lessons from the past
- Reading, writing and arithmetic deemphasized (50% or more graduate high school graduate without being proficient in these areas
This has transpired over a 30 year period since the DEPT. of EDUCATION (centrally planned and progressively controlled) was created in WASHINGTON DC (District of Corruption). They have not been taught to be self-sufficient, productive and hard working.
For instance the constitution GARANTEES the right of the citizens of the United States to have the right of "Life, Liberty and the pursuit of happiness" (not the guarantee of it) and gave us the bill of rights that LIMITED government to preserve our freedoms from the despots we see littering history. The bill of rights (from Wikipedia) has morphed since I was a child from:
- First Amendment - Establishment Clause, Free Exercise Clause; freedom of speech, of the press, and of assembly; right to petition
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
A well-regulated Militia, being necessary to the security of a Free State, the right of the people to keep and bear Arms, shall not be infringed.
No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law.
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury , except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
- Sixth Amendment - Trial by jury and rights of the accused; Confrontation Clause, speedy trial, public trial, right to counsel
In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defense.
In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any court of the United States, than according to the rules of the common law.
Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.
- Ninth Amendment - Protection of rights not specifically enumerated in the Constitution.
The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.
- Tenth Amendment - Powers of States and people.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
The bill of RIGHTS protects you from tyrannical government. These things ARE NOT taught to students today, they do not know WHAT THEY ARE, why they are important or why they must be upheld and protected to preserve our country and FREEDOMS that the founding fathers Fought and died to create for us. Now OUR CHILDREN are TAUGHT the SECOND BILL OF RIGHTS (designed to make the public DEPENDENT on Government) originally created By Franklin Delano Roosevelt (Obama worships this) during the great depression.
- The right to a useful and remunerative job in the industries or shops or farms or mines of the nation.
- The right to earn enough to provide adequate food and clothing and recreation.
- The right of every farmer to raise and sell his products at a return which will give him and his family a decent living.
- The right of every businessman, large and small, to trade in an atmosphere of freedom from UNFAIR COMPETITION and domination by monopolies at home or abroad.
- The right of every family to a decent home.
- The right to adequate medical care and opportunity to achieve and enjoy good health.
- The right to adequate protection from the economic fears of old age, accident and unemployment.
- The right to a good education.
The original bill of rights provides for NONE of this. It provides the basis to accomplish these things but not the guarantee of them. This is the thinking that has been taught to 3 to 4 generations of school children who have now grown up and VOTE. These are socialists and support socialism .
"Give a man a fish and you feed him for a day. Teach him how to fish and he'll eat for a lifetime."
The PUBLIC schools QUIT teaching people how to fish and created people dependent on government for their futures. They know nothing else and have been taught that capitalism is the boogeyman and they are incapable of providing for themselves.
"It is not an endlessly expanding list of rights ---the "right" to an education; the "right" to health care; the "right" to food and housing. That is not freedom. That is dependency. Those are not rights. Those are the rations of slavery - hay and a barn for human cattle."
- Alexis de Tocqueville
These people BELIEVE government is there to SUPPORT THEM rather than they supporting themselves. They have not been taught the things they need to KNOW to do so! ON PURPOSE!
"No people will tamely surrender their Liberties, nor can any be easily subdued, when knowledge is diffused and Virtue is preserved. On the Contrary, when People are universally ignorant, and debauched in their Manners, they will sink under their own weight without the Aid of foreign Invaders."
- Samuel Adams (1775)
As these MENTALLY DISABLED children have matured the burden of paying for government has been REMOVED.
ALMOST 60% of the population pays NOTHING to the cost of government and ENTITLEMENTS. So they DO NOT UNDERSTAND THE CONSEQUENCES (to their futures) and COSTS OF SUPPORTING socialists and entitlements from government. The only cost they know is their money increasingly buys NOTHING! This is a BIG part of what is driving these people to DESPERATION, support of those PREYING on them, and foolishness.
Those that do produce wealth have now BECOME the SLAVES to those that DON'T!
"Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good."
- Thomas Sowell in 1993
Unfortunately today's citizens do not KNOW THE DIFFERENCE. They have been turned into MORONS, functionally illiterate and UNABLE to think for themselves, spot lies and misinformation or develop opinions. The only opinions they have are ones that are GIVEN to them by the people they have been taught to trust. This is ON PURPOSE FOLKS courtesy of Washington DC (district of corruption) and the socialist teachers UNIONS as they BETRAY the public for their own benefit. They DO NOT SERVE the public and middle class, they PREY ON THEM and their ignorance.
Once the public has been impoverished by unsound money and their living standards slip away and their ability to see, understand and solve problems has been removed CRIPPLED by an educational system that DOES NOT TEACH. They become RIPE for MANIPULATION through economic desperation, misinformation and FEAR. They want security and believe government is the key to it rather than the BARRIER.
The main stream media is OWNED by the same elites which control the banks and government. Once a powerful barrier to misinformation and falsehoods it has now become the purveyor of it. And the useful idiots cannot sift through it to find the truth or lies.
I defy anyone to show me a government statistic that is an accurate MEASURE of REALITY. GDP, Unemployment, inflation, wages ALL are POLITICALLY CORRECT and practically INCORRECT GARBAGE and compiled to do only ONE THING: HIDE the MISMANGEMENT and economic FAILURES of CENTRAL PLANNERS in the DISTRICT of CORRUPTION also known as Washington DC.
Let's look at one measure which shows the REAL destruction of the middle class caused by currency debasement and the misreporting of CPI and wage growth. This is from www.shadowstats.com, a compiler of accurate measures:
The red line is showing wages using the current methodology of CPI measurement and the blue line is wage growth using the 1990 version. The top line is a government FICTION reported as TRUTH by the main stream media and the bottom line is closer to REALITY for the middle class. ? Almost a 50% drop in REAL LIVING standards in 15 years. Can you say a middle class desperate for REAL CHANGE? THEY ARE DESPARATE FOR THE POLICIES WHICH CREATE REAL WEALTH AND RISING LIVING STANDARDS. Unfortunately they SUPPORT those that DESTROY them.
Now let's look at the other side of the coin (expenses for everyday items) for the destroyed by unsound money middle class courtesy of Charles Hugh Smith www.oftwominds.com:
This is the RESULT of money losing its purchasing power; it is an illustration of living standards in FREEFALL since August 1971 when money WEALTH was confiscated and IOUs (money printed out of thin air) was substituted.
In the something-for-nothing society you can still have these things, but to do so you must borrow the money from banks which PRINTED the MONEY out of thin air, lend it to you at interest rates which cause the price to be MULTIPLES of what you borrowed through the magic of compounding. Making SERFS and DEBT slaves of the public at large and transferring the fruit of their labor to themselves. This is the face of Leviathan government, FAKE MONEY and CENTRALLY PLANNED socialism destroying capitalism. It is a government and banking system LOOTING of the PUBLIC at large of the CURRENT and FUTURE fruits of their labors.
Another look at the misinformation PRESENTED as TRUTH is GDP (grow domestic product) MISADJUSTED to FAKE consumer price reports. Here is a look when properly adjusted to 1990 definitions of inflation:
Most if not all GDP since 2000 is courtesy of MISREPORTED INFLATION. All GDP growth is nominal (measured in fake dollars and misreported inflation) not real wealth creation. Our standards of living and economies are IN FREEFALL; they are desperate for an improving economy and the ability to GET ahead. THOSE DAYS ARE GONE courtesy of the money printers, banksters, public servant and the elites which CONTROL THEM. The people the USEFUL idiots have PUT in CHARGE!
"I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious."
- Thomas Jefferson
Look no further than the recent BUDGET SEQUESTER debate inside the district of corruption. NOT ONE cent of spending was being cut from last year's levels.
The government was limited to 3% growth over last year's spending rather than a 5.9% increase. Did the press explain that to the public? NO. Cutting the growth of government and something for nothing is now viewed as an ACT of TERRORISM.
"None are more hopelessly enslaved than those who falsely believe they are free."
- Johann Wolfgang von Goethe
If somehow you have dodged all these impediments to freedom and avoided becoming serfs of government, debt slaves to banks and have a well-educated mind. One last layer of serfdom and slavery has been imposed on you through deficit federal spending and entitlements which NOONE can escape courtesy of www.usdebtclock.org:
Look at this FUTURE HORROR closely; it is heading at you like a freight train. Nothing upsets me more than the theft of the future by the something for nothings and their leaders. My 3 ½ year old son was BORN with $1,000,000 dollars of debt. A DEBT SLAVE as he begins his life. Do you think that might affect his FUTURE?
The president says this debt is "not a problem" to the useful idiots who do not know he has borrowed $30,000 dollars for every man woman and child in the United States. If they understood this do you think would still have voted for him?
Look how the United States is MORPHING into Something-for-NOTHING wonderland:
The States in YELLOW have more people dependent on government then those that work in the PRIVATE SECTOR (OBAMA WON THEM ALL)! Can you say the MARGIN OF VICTORY for the chosen one? These VILE obscenities are courtesy of your elected representatives in WASHINGTON DC. They are a REFLECTION of the something for nothing constituents they represent.
The majority of Society has now SWALLOWED, HOOK line and sinker the POLITICAL LIE that you can have something at somebody else's expense, you are entitled to it. Nothing will stop this suicidal belief except a collapse of EVERYTHING monetary, economic and the FICTION of the welfare state. If you doubt me ask Mao, Lenin, Hitler, and all the FAILED socialist experiments which litter HISTORY.
In closing, the developed world began on this path in the 1960's and 70's. It accelerated with the Conversion/theft of the money you are paid and store your wealth in and the BANKSTERS substituted their IOU's. Those IOU's are irredeemable and JUNK BONDS.
The Something-for-Nothing societies have EMERGED from the larva stage and headed for anything they can EAT. There will be NO STOPPING them; the final destination is the fields after locusts consumed them. This is a pathology that has destroyed EVERY empire and the seeds of socialisms demise. Something-for-Nothing societies SUPPORT the people that are PREYING UPON THEM ensuring that the policies which have and ARE DESTROYING them are EXPANDED rather than STOPPED.
This is now the recipe which the DEVELOPED WORLD WELFARE STATES uses to RESTORE GROWTH:
- You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
- What one person receives without working for, another person must work for without receiving.
- The government cannot give to anybody anything that the government does not first take from somebody else.
- You cannot multiply wealth by dividing it!
- When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
Something-for-nothing societies and their leaders are reflections of each other driving the process forward. The solution to these PATHOLOGIES can only emerge AFTER the final denouement and crisis which is UNAVOIDABLE. These misconceptions will only fall after everything else has been tried and FAILED. The something-for-nothing societies will not be stopped by anything but Mother Nature.
The something-for-nothing mentality and societies will borrow money till they can borrow no more, confiscate wealth 'til it is GONE, and print money till it is accepted no more and drops to its intrinsic value: NOTHING.
Fixing the misinformation and dumbing down of the schools will take generations and the rediscovery of histories lessons to FIX. Does anybody believe the teachers unions and their FALSE curriculums can be pried loose in anything less than decades? It took them that long to get here and it will take that long to dislodge them after the crash.
Adam Smith in the "Wealth of Nations' said an important part of a nation's wealth was its citizens, their skills and ability to produce wealth and solve problems. Large portions of the developed world WEALTH has been destroyed (consumed by the welfare states and their SOMETHING-for-NOTHING constituents), and their citizens have been TRANSFORMED into locusts on the future and our countries are firmly in the hands of those that have done so.
(Author's note: In my opinion, this is NOT Doom and GLOOM, it is one of the greatest opportunities in HISTORY. Invest properly for this outcome and Prosper, invest looking in the REARVIEW mirror and your wealth will be irreparably DAMAGED. Volatility is opportunity for the prepared investor. As it is priced in and markets ZOOM higher or LOWER to price in collapsing economies and money printing huge opportunities are created. Is your portfolio structured to thrive? The greatest transfer of wealth from those that hold it in paper and financial assets to those that don't is UNDERWAY. Restoring fiat currencies to sound money and absolute return alternative investments with the potential to thrive in all market (up, down and sideways) conditions is what I do. If you have an interest in learning more and working with Ty: CLICK HERE