Archive for March, 2009

The “Sun King” Obama and His Minister, Cardinal Geithner:The New Mercantilism

March 30, 2009

The more things change, the more they stay the same, say the French. And it would certainly seem so, as we regard the economic consequences of what amounts to a modern rehash of the old Mercantilism of King Louis XIV and his ministers, Cardinal Richelieu and the Bureaucrat-extraordinaire, Colbert. For modern America differs very little from that ancient economic tyranny that existed in France under the “Sun King”. True, the poor and indolent are no longer whipped, or sent off to the galleys. Habitual drunks are no longer put into pillory. But the effects of what amounts to a vast system of Mercantilism, administered by the Congressional Bipartisan spendthrifts, with the cooperation and collaboration of the FED, and with the cheerleading of Obama’s rhetorical riffs, are virtually the same on the poor and middle class: unceasing toil to cope with higher taxes and loss of purchasing power, and the soon coming tsunami of inflation. This inflation will be caused by the ridiculous and completely irresponsible massive spending increases, designed to make sure that all the wealthy corporate interests, and the vested interests of the lobbyists and the Congressmen themselves, who in many cases are wealthy, and have substantial estates, are not affected by the current financial disinflation. (And please note, a disinflation differs from a deflation, in that it is a slowdown in the rate of inflation, not an across the board lowering of prices in virtually every commodity and service.)

Meanwhile, across the pond, we see the spoiled brats of the Left having their “feel-good” marches in London, and Europe. Silverwolf made the sickening mistake of tuning in to the BBC, to listen to its in-house panel discussion on the G20 meeting and the current economic crisis, before a roomful of British humans. It was the usual gallimaufry of misguided economic claptrap one hears virtually everywhere, except at the Mises Institute, in the economic statements and opinions of Congressman Ron Paul, and in the political agenda of the Libertarian Party. Of course, they blamed “the bankers”, who after all were only exploiting the system which the US Congress, and the legislatures of Europe, had set up decades ago. They blamed that vague thing called “greed”, though Silverwolf notes that they never seem to blame a poor person or a spendthrift who is skint because they have spend all their money on some greedy pursuit, be it gambling, drugs, overeating, constant vacations, or what you will. Why is it not “greedy”, to be greedy for tobacco or food, or good times? Are not the unions greedy when they demand more than their labour is worth, while their restrictionist minimum wage laws cut out labour competition, enabling them to secure those above-market wage rates at the expense of the non-union worker? Moreover, we know that the call for “full employment” is really a call for universal slavery, by the expedient of constant inflation and crushing taxations, both for income and “retirement”, which means that what the worker can manage to save in the bank after all these government excisions is never secure, because the FED, or the Bank of England, or whatever group of government professional inflationists you name, can destroy the value of the worker’s savings virtually overnight, though they do it through a constant but steady erosion of the purchasing power of fiat currency, helped along by sudden spurts they euphemistically call “blips”. So it is not surprising that the “Leftist intellectuals” call for “full employment”; not only do they have a cockroach’s intellectual understanding of economics, they also need their fellow men to be paying into the tax-welfare system to bring in the funds they live off of on their “grants” and “doles”, and “unemployment” and “disability”. But, of course, many of the journalists and presenters at the BEEB, as well as its horrendous American counterpart, National Public Radio, would be in the dole line permanently if not for their guaranteed income from the State.

Yet, in that whole BBC audience, there was not one voice that said, “This chaos is caused by Socialism itself, and the system of Central Banks that can rock the value of the money up and down at will on a daily basis. It is because of the regulation of the money supply by a Mercantilist economic system, instead of a Free-Market Capitalist system, that is at the root of the problem.” It is when one listens to the drivel that comes out of these well-intentioned protesters, that one realises why the world is in such an economic mess. And the mess, for these people, has not lead to one iota of economic insight. It’s still time for feel-good marches, sloganeering, and “Eat the Bankers” inciting to riot. Howzabout “Eat the Spendthrifts and Inflationists”?

Fortunately, there is a large sector of the American and European public who are very sceptical of Sun-King Obama XIV’s Mercantilist plan for America, and his “forgot to pay my taxes” Chief Minister, Cardinal Geithner. They realise that they have two incompetent nincompoops at the head of the world’s largest economy, and they are voting with their dollars and with their trades to protect themselves against the mad inflationists. Many of them are probably well-intentioned Milton Friedmanite Republicans, that strange combination of half-Socialism/half-Capitalism that mesmerizes itself into thinking it is pragmatic Capitalism, with some “safeguards”. But the current mess shows that there are no safeguards against the ultimate collapse inherent in Socialism, save to invest in inflation hedges (why do they grow so tall?). And even that is a tricky business, because when the money value is at the whim of a board of inflationists (the Central Banks, and chiefly the US FED) it becomes very hard to judge the value of fiat currency, or the velocity of inflation. Backing the money with an asset like a metal, or even a basket of commodities, at least gives a yardstick of measurement, rather than whatever whimsical thought may be passing through Bernanke or Trichet or Obama or Geithner’s brain in the next hour.

People across America and the EU should speak out and demand an end to Mercantilism, to State Socialism for Corporations at the expense of Individual Capitalism, and the slave labor regimes it sets up to keep itself in luxury.

When Cardinal Richelieu took office, his official salary was 25,000 livres per annum. When he ended his career, his income stood at 3 million livres a year.  Ah, Mercatilism!

Hoooooooooooooooooooooooowwwwwwwwwww! — Silverwolf

Respect for Iran? Speak for Yourself, Mr. President

March 20, 2009

President Obama’s despicable call for “mutual respect” between the US and the Fascist government of Iran, coming on the heels of Mrs. Clinton’s legitimization of China’s illegal and genocidal occupation of Tibet, is another blot on the Human Rights record of America, and the Obama Administration.

When one remembers that the Iranian government is one that has hung countless teenagers for the “crime” of being Gay, when one remembers the millions of its youth who were slaughtered by the Islamic Regime during the War with Iraq, when one recalls the Buenos Aires bombing of the Jewish Center that murdered 85 people, and War Criminal Ahmadinejad’s warmongering call for Israel to be wiped off the map, one wonders how the President can call for “mutual respect” for such a gang of criminals?  But given that the President has belonged for 20 years to a congregation who gave its Man of the Year award to the racist, Catholic- and Jew- hater,  Louis Farrakhan, and which is led by a minister who has publicly said “God Damn America”, it’s easy to understand how the President can call for such “respect”.

Perhaps if the President’s daughters had been hung for engaging in Lesbian activities, he’d be less prone to call for respect for such a regime? Perhaps if his wife had died in the Buenos Aires bombing, carried out by Hezbollah with the aid of the Iranians, he’d be less inclined to mention “respect” for this gang of murderers? Perhaps if he’d been one of the parents of a soldier killed by an Iranian supplied IED in Iraq, he’d feel less inclined to offer “respect” to the murderers of his son or daughter? Perhaps, if he were a child living in Israel, he might feel some terror upon hearing that a man a few hundred miles away wanted to wipe him and his parents off the face of the earth, and might feel less moved to “respect” such a miscreant?

But perhaps he wouldn’t?

Hooooooooooooooooooooowwwwwwwwww! — Silverwolf

Mrs. Clinton and Obama Sell Out Tibet

March 15, 2009

The disgusting afflatus coming out of the oral rictus of Mrs. Clinton last week, stating that the US viewed Tibet as an integral part of China, was one of the most repulsive anti-Jeffersonian gusts of effluent Silverwolf has ever heard. The fact that dear Old America, that supposed bastion of Jeffersonian Liberal Values and respect for Individual Rights, should recognize the illegal occupation and landgrab of the Communist Chinese, as well as sloughing off their mass murder and torture of Tibetans and Tibetan monks, has brought our once great Republic to new depths of sordidness.

The facts are that Tibet was invaded and its inhabitants murdered by Red China, and nothing Mrs. Big Brother Clinton can say in her Newspeak can alter that fact. In the interests of Universal Justice, America must oppose the continued illegal occupation of Tibet, and push for its restoration as an independent country, as it has obviously been from time immemorial. We must stand up for the great Buddhist Religion, and the Right of its adherents to practice their religion freely. And we must punish its continued occupation by withdrawing all commercial intercourse with Red China.

Of course, as long as the Obama compromisers are in power, nothing will happen. The occupation of Tibet will go on under Obama, just as it went on for 8 years under Clinton, with no  demand that China immediately withdraw from Tibet, and pay massive reparations to what is left of the Tibetan people, whose culture has been raped by the Chinese, who have attempted a cultural genocide by importing and tempting numerous mercenary Chinese to move there, and exploit the resources and the people.

During the 1930’s, the FDR administration legitimized Hitler’s regime by sending a delegation to the 1936 Olympics, saying, de facto, that that regime had legitimacy and authority, despite what was known already about the treatment of prisoners in Nazi Concentration Camps, and the numerous political murders carried out by the Nazis. Likewise, when the Obama administration recognizes Chinese sovereignty over Tibet, a sovereignty that is a lie and a theft, it collaborates with a regime of looters that is little indistinguishable from the Nazi regime in its treatment of Human Beings. As Churchill said, “Have no contact with the Nazi.” Americans attitudes should be exactly the same when it comes to the Red Chinese Government.

American Jeffersonian Libertarians spit on this morality of the new Obama Administration and Mrs. Clinton. They have shown what immoral miscreants they are by selling out the people and independent country of Tibet. And that is a crime.

Re-liberate Tibet! Boycott Red China!

Hoooooooooooooooooooooooooooowwwwwwwww! — Silverwolf

President Obama and The Liberal Democrats: Starving the Third World

March 12, 2009

The announcement several days ago by IMF Chief Strauss-Kahn that the world is entering a “Great Recession”, and that the funding arrangements of the world’s more advanced economies will crowd out borrowing by poorer Third World countries, is dire news indeed for the impoverished  of Asia and Africa. The selfish dollar-grab of the Democrats, and their Quisling allies in the Republican Party, like Senators Snowe (job) and Collins, in order to maintain the profligate and self-indulgent lifestyle so many Democratic corporate-welfare parasites have come to enjoy under the Clinton-Bush Socialism, is going to force desperately poor countries like Vietnam and the Philippines to have to offer very high interest rates to attract the capital their governments need. Indeed, it will become impossible,according to the IMF Chief,  as the voracious greed of the Democrats suck up every dollar they can find in the world in order to fund their massive Stimulus Bill, their Bank Bailout Bill, their Farm and Ethanol Subsidies, their Stimulus checks, their auto industry bailouts, their insurance industry bailouts, their Fannie and Freddie bailouts, their ramping up of the war in Afghanistan, their “residual” 50,000 man occupation force in Iraq (of course, honest Obama is withdrawing), and the several hundred-billion dollars Americans are forced to waste each and every year defending the well-fed Socialists of Northern Europe, Japan, and South Korea.

In the rush to grab dollars from anywhere, or print them up and pass the burden on to those fetuses just being born into the slave state of America, the Democrats seem to care little that they are literally going to starve millions of Africans and Asians to death, and drive countless women into prostitution in South East Asia. There seems to be very little concern indeed amongst American Blacks, who like to refer now to themselves as African-Americans, for the actual Africans who are going to starve or go without healthcare, in order than those same American Blacks can continue to receive their benefits. Nor has there been any acknowledgement amongst them that the farm subsidies which the Democratic Party, along with farmbelt Republican Collectivists,  so overwhelmingly support, have been starving African kids to death for decades, by driving local African farmers out of business, due to the Socialist price supports than the American government gives to mostly very wealthy American farmers (according to a USDA publication, the average income of farm subsidy recipients in 2004 was $199,500/yr with 80% of the farmers having incomes above the national average). There seems to be as much solidarity amongst Black people on Planet Earth as there was amongst Whites who called themselves Frenchmen and Germans throughout two world wars. Let’s get over the myth that skin color means much more than skin color.

Silverwolf condemns the callous and murderous selfishness of the Democratic Party, as it starves the poor women and children of Asia and Africa to death.

Do these Democrats have any grain of decency left in them?

Hoooooooooooooooooooooowwwwwwwwwww! — Silverwolf

Australia: Land of the Caponed Capitalist

March 10, 2009

Silverwolf tuned in last night to listen to the hourlong discussion, cum call-ins from around Aussie, about the “superannuation” funds, the Australian retirement plan roughly comparable to the US Social Security system, and its fate in the light of the horrendous performance of the stock market. Most Australians have lost a small fortune, because they were both brainwashed into buying “securities”, that most misnomered of all investments, and because they are forced by government coercion to place part of the fruits of their labor into these forced pension schemes which are the bane of the Western socialist world. It was interesting to note the wide range of calls, most complaining about some aspect of the superannuation laws, or calling for some minor reform that would take more out of their neighbor’s wealth while giving them more for themselves. However, as the presenter stated, “no one” would dare to say that the pension scheme was not necessary, or a wonderful idea. Silverwolf was struck by the utter passivity of these people, as they virtually all assumed, to a man, that the government had a right to confiscate 15% of their income, and force them to place it into a fund which they could not touch until age 60 (and they have to pay an outrageous management fee annually on top of that to whomever they place these funds with). The Human Rights argument, put forth by that champion of Liberty and Individual Rights, Congressman Ron Paul of Texas, that the fruits of one’s labor belongs to the Individual, and the government has absolutely no right to touch it, was not even mentioned. The mental castration that takes place under Socialism has certainly gone a long way in destroying any semblance of that rough-and-tumble capitalism that myth has so long associated with the Land Down Under.

Throughout the Western world, the Individual has been destroyed in his integrity by the Socialist schemes which now are crashing and burning like the Zeppelin. The passivity of the caponed Capitalists of Australia is an ugly example of this.

Probably because of clogged cerebral arteries due to meat-eating, and the widespread use of tobacco and alcohol, both of which induce their own particular psychoses, subtle or blatant, the mind of Western man has become so slow that it cannot see that these pension schemes are in themselves one of the main reasons why people remain poor in such a rich Western world. These schemes make much more impossible the accumulation of capital, which the young so desperately need, both for their residences and families, but also for investment. Given that it is obvious to anyone that they should start putting aside at an early age both for immediate contingencies, but also for their latter years, but also given that that condition is a good forty years in the future for the 20-year old in the West, is it so inconceivable that, instead of a pension scheme, we say to our young people, “Keep the 15% (and virtually double that in America, since the employer must cough up an equal amount, which he could have paid to the worker — American social security and medicare actually suck out well over 25% of a workers paycheck, if you include the  employer’s contribution), but you’re on your own in your old age, which begins 45 years from now, so start saving and planning now.” In societies as wealthy as North America and Western Europe, such an honest reappraisal of the horrendous pension schemes, and such a realistic statement to the rising generations, would cause a huge boost in personal wealth, and a corresponding boom in capitalistic trade between individuals, and small companies. And more importantly, a great boost to personal Liberty.

Up and down the length and breath of the so-called Free World, Libertarian Capitalists must speak up and vote up to throw out the Collectivist Caitiffs who have turned this wonderful, miraculous adventure known as Human Life  into a monumental drag, where the working man and woman goes out daily to slave, in order than over half of his income be confiscated to provide a cushy existence for government bureaucrats, mega-corporation executives and suppliers, the married with huge families, and the layabouts and spendthrifts. How long are the people of the West going to continue to vote in  this new form of Big Brother’s Earthsoc? — Socialism on Planet Earth.

As for the Caponed Capitalists of Australia, if the talkbacks of Radio Australia are a good indication of the mentality pervasive over that massive and wonderous continent, then there is very little hope that they will ever emerge as more than caponed fowl to be devoured by the corporate interests than rule the governments of North America, Europe, and, also evidently, the Land Down Under.

Hooooooooooooooowwwwwwwwwwwww! — Silverwolf

The Obama “Rally” Continues: Stocks Plunge to New Lows

March 6, 2009

Oh bummer! the pelf-pluckers must be crying, as the 300-point relief rally was wiped out today in the American stock market. Seems like the folks who voted to loot their neighbors and the unborn workers of the future are getting looted in their stead. There’s an old saying the Elders of Silverwolf’s wolfpack used to teach us when we were wolfcubs: “To steal from a thief is not theft!” Maybe that’s what’s happening now, as those who voted for their freebies by voting for Obama, instead of voting for the working man, Peace, sound money, and the future of the unborn multitudes to come, by voting for Ron Paul, the Peace Candidate, are now reaping their just reward. Apparently there is a price to be paid for having voted to send 17,000 more  young Americans to Afghanistan, where they will be on tenderhooks for their lives for months to come, in a place that is the responsibility of Moderate Muslims and others in the region to pacify. The idea that someone in the Oregon National Guard should be sent halfway around the world, to bail out Pakistan and India, and the other regional powers, is absurd. If it is a world responsibility, then there should be people from all over the world. But since it is a problem of Islamic extremism, why aren’t the supposedly “moderate” (tell that to the Christians who have been massacred and discriminated against there) Indonesia and supposedly moderate (anti-Tamil, anti-Hindu, anti-Buddhist, anti-Semitic) Malaysia, the “mal” of Asia, — why isn’t it their responsibility? Why aren’t the wealthy Arab and Islamic Gulf Emirates funding and fighting the war against the Taliban who are, without a doubt, a despicable bunch of mass murderers, the typical religious Fascists that plagued Europe throughout the centuries, until the post-WWII era (and even then there was Bosnia)? Western Christianity has mellowed to the point that Catholics and Protestant no longer burn each other at the stake, or indulge in their joint pastime of murdering Jews, either through auto de fes, or in communal massacres. Now it is the turn of the world’s Muslims to similarly mellow out. And the only mellowing, levelling process Silverwolf can see that can accomplish this is just plain-old, free-market Capitalism (along with a Jeffersonian Bill of Rights),the separation of church and state,  and self-interest, which paradoxically leads to the greatest prosperity for the greatest number, if left to its own devices. Mankind should trust the anarchy of the Free-Market, because it is the only anarchy that is completely trustworthy. There is much that is interesting and valuable in the Objectivist philosophy of Ayn Rand and her cohorts like Nathaniel Branden: an attempt to impose a strict logic on man’s ethical behaviour, not unlike the logic of Lord Bertrand Russell,  and a no-nonsense attitude toward the religious hypocrisy of so much of Western theology. We may say we are our brother’s keeper, but we don’t act that way, and in the market we are ruthlessly competitive. This is the hypocrisy of all Capitalists who say they don’t care about money, or all Socialists who pick up a government check and say they care about their fellow men.

There is a price to pay for voting in Socialist graft in the form of the Democrats and Obama, and the stock owners of America — and the world — are paying the required price. Oh, bummer!

Hooooooooooooooooooooooooooooooowwwwwwwww! — Silverwolf

Mrs. Clinton: Collaborating with The Fascist Chinese

March 1, 2009

Silverwolf really had to exert abdominal control to manage the urge to regurge when he heard Mrs. Clinton’s disgusting speech the other day, speaking of “cooperation” with the Red Chinese Fascist Miscreants. That such a despicable regime, which has so desecrated the spirit of Jeffersonian Liberalism inherent in the Bill of Rights, should have a representative of the American Government, and a rank-and-file member of the Democratic Party, talk of “cooperation” with that regime, is a black black stain on the American Republic, and will go down in the history books as one of the lowest points of American morality (or should we say immorality).

Libertarians spit on such “cooperation” with a country and a Communist dictatorship that has invaded and occupied Tibet for almost 60 years now, without being thrown out of the UN on its ear. A country that persecutes and tortures Buddhists,  Christians and Muslims, and other religious sects, for something which is considered a sacred right of the Individual in America. A country that executes thousands each year with the Fascist Death Penalty, an abomination that should be banned all over the face of the Earth, though there is no doubt that war criminals and torturers deserve it. A country that subjects its workers to the most inhumane and dangerous conditions, killing thousands each year by doing so.  A country that executes people after kangaroo trials, and then sells the body parts to wealthy Asians and Westerners. This is the miscreant government that Mrs. Clinton calls for cooperation with. And by doing so, she morally smears every living American.

Mrs. Clinton, we Libertarian Wolves spit on your Quisling cooperation with Fascist China. Count us out when you talk of cooperation as an official representative of the American Government. Don’t taint ordinary Americans and Wolves with your monumental Immorality, comparable to cooperating with Nazi Germany before the war, for the Human Rights Violations are comparable. We can now clearly see of what moral stuff this new “changed” administration is made of. The stuff that is usually flushed down the loo.

Commie China out of Tibet! Keep Taiwan Free!

Hooooooooooooooooooooooooooooowwwwwwww! — Silverwolf