Tag Archives: statism

A Real Rebuild for Japan; Get the Banksters Out

I wrote yesterday on the BOJ (Bank of Japan) ready and willing to pump liquidity into the market to help fund the rebuilding of areas destroyed by the earthquake and tsunami. This of course is comedy to those who understand economics and will only serve to further destroy the area, especially in terms of what is unseen.

Reading about the ridiculous numbers being thrown around is even more unfortunate. The BOJ is planning to pump 15 trillion Yen into the market. This comes out to about $183 billion USD. Of course this money won’t be scattered across the streets. The money printed will only end up in the hands of global elite banksters. These banksters will only use the money to save themselves by rebuilding their homes, rebuilding their businesses, and of course buying up resources to hedge against the destruction. These resources will be sold back to the consumer for a profit which will only benefit those selling. Not to mention this process will begin driving up prices in the area through inflation. When new money enters a market without any sort of commodity attached to level it, it now makes every other unit of purchase (money) worth less and less.

If Japan and the people of the proud nation want to rebuild properly I would suggest they do it from the ground up. The first building to not be rebuilt should be the central bank there. I mean if they have to start fresh why not eliminate the organization that has them in massive debt? An institution of corrupt elite bankers who manipulate people, money, and the market. These are the people who have Japan’s debt at 200% of their own GDP. This means that if you add the worth of all of Japan’s “goods and services” in the economy, the debt (what they owe) is 200% of that. Meaning they pay out more than they take in. Their debt level is second only to Zimbabwe, and we all know how they are doing with their economy. If you recall, I am a trillionaire thanks to their hyper-inflation.

Wishing you the best Japan, let’s hope you can sort this out and not let the government and central bank sort if out for you.

Mubarak to Address Egypt, Egypt Still Mixed

From Reuters:

Egyptian President Hosni Mubarak will address the nation Tuesday night.

It couldn’t go on much longer. I wonder how he will manage to still keep his position of power this time? What is puzzling to me is how he can even still be President? Once a nation’s people decides a government is illegitimate that government now ceases to be recognized. The fact he is still taken seriously and listened to might speak volumes for the mentality of people within a system.

All that stands in the way would be the military who may still honor their duty to the President. Should these men and women finally decide enough is enough Mubarak would only be a man with a microphone. Perhaps rather than concentrating on restoring a “new” government, the Egyptians should work on establishing a voluntary society.

What good is replacing an abusive husband with a new abusive boyfriend?

Joe Biden on Egypt, I’m Ready to Vomit

Update 4: Original quote removed due to lack of reliable source. Not saying Biden didn’t say it but for us to post it we need a better source than a Tumblr from the day before our post. Thank you.

Update 3: After speaking with my professor and asking her about the quotes authenticity I am still unable to find a source beyond some Tumblr sites. As stated these sites had the quote up roughly 2 days before I did. I have tried to contact the owners of the sites but it seems like this quote was entirely fabricated.

Update 2: According to an anonymous commenter the quote comes from an MSNBC interview. I will be investigating and looking for a source after class tonight. Cheers!

Update: First I would like to say thank you for the close to 1,000 hits this has received. I have been contacted by several readers questioning the source of the final quote. The source I took the quote from is no longer “up” which makes me a bit uneasy. I did some Google searching looking for the source and found it posted on several Tumblr sites hours and days before this post.

With that I then took to the search to find the transcript of the original interview that took place on PBS. No where in the interview (19 minutes long) does Joe Biden reference the alleged quote. I am now looking into the possibility that it was taken from somewhere else or spoken in passing. Either way as I find out you will too. Thank you for writing in. I take pride in keeping journalistic integrity in tact at all times. If the quote cannot be sourced it will be removed.

I will however state that Biden not seeing a puppet like Mubarak as a dictator might actually be worse than the quote in question! More as it comes.

Original Post: In a move that doesn’t surprise me one bit Vice President Joe Biden has responded to the Egyptian revolt in a typical statist fashion; lack of support for people who demand their freedom. In an interview the other day he had a few interesting comments.

When asked if he feels Mubarak should step down he had this to say.

“No. I think the time has come for President Mubarak to begin to move in the direction that – to be more responsive to some of the – some – some of the needs of the people out there.”

Forget the fact that millions of people have taken to the street calling for this man to flee the country, good ‘ol Joe knows best. Like a true statist he knows what is best for everyone, everywhere.

His support for Mubarak isn’t much of a surprise considering Mubarak is a US installed puppet dictator. Of course the Vice President would disagree with me! He feels Mubarak has done nothing wrong. Maybe he doesn’t know that Mubarak has kept Egypt under “Emergency Law” for the last 30 years?

“I would not refer to him as a dictator.”

Explain that and justify that to hundreds of thousands of people who have taken to the streets in protest. Explain that to hundreds of thousands who have been aggressed against by Mubarak’s regime.

School is Flawed. Getting to the “Core” Issues.

I might be speaking for a large variety of people when I say I absolutely hate the college “core curriculum”. It begs the question, “what is high school for?” – apparently nothing!

I am more than sympathetic to people who need to touch up on basic principles of math and english but for the average student these ideas and practices are cemented in our minds from our freshman year! Why do I need to take classes that don’t count towards my major? Why am I forced to spend my money on classes that will result in myself and others simply going through the motions to get a decent grade? I answer…

These classes are a waste of time. The core curriculum is nothing more than a way for schools to exploit money from the government pipeline. The more classes required the more you are a slave to the debt system. With a degree one is simply buying their way into a potential position. Degrees are merely sorting tools for potential employers. Those who have a degree have a license to compete for a position. Those who don’t… well often times they aren’t so lucky.

Schools exploit the cash pipeline pumped by the Federal Reserve. With government intervention in education it only cements the issue. State “approved” curriculum means more classes that don’t teach a skill or a trade. More classes that get in the way of a hypothetical student named Sally. Sally is now forced to take 19th century European history when she is actually a nursing major. The time sally spends in class is time not able to be allocated towards improving her understanding in nursing.

Each forced minute in these classes represents a minute she can never invest in nursing. That makes Sally one minute less experienced than others.