So How Do We Ever Reach Political Reform?
QUESTION: okay Martin,
So assuming Capitalism (property rights) and (direct) Democracy is the Promised Land, how the Hell do we get there? How do we break the Oligarchy?
Cheers,
em
ANSWER: No matter what system we do create, it will be gamed eventually. If you look at Athens, pay attention closely to its history. Despite the Democratic movement, there were constant attempts by the Oligarchy to overthrow Democracy. Eventually they did. So all we can do is try to put as many checks and balances in place as possible. That will not prevent the system from reverting to an Oligarchy because people always want to tell others how to live by force.
We will be given that opportunity to overthrow the Oligarchy in our system ONLYwhen we crash and burn. The career politicians protect the Oligarchy as we just witnessed with overthrowing Dodd-Frank. Career politicians left or right are simply always for sale. That is why ONLY a form of Direct Democracy stands a change.
Athens did not have Direct Democracy free of career politicians. The first Banking Panic was in Athens in 354BC. Even the Democratic politicians were career.
The only way we get there is after the crash. To whom will champion such an idea? Nobody in Congress. It is against their self-interest which is the same as the EU in Brussels who will destroy Europe to save their own jobs. We cannot beat Smith’s Invisible Hand. IMPOSSIBLE.
Gold v Dollar
The typical sales job of the gold promoters has spend so much energy in selling gold as a hedge against inflation and thus gold will rise with the fall of the dollar, that they have so distorted the role of gold that they are driving potential investors away who look upon the gold crowd as a bunch of idiots wrapped up in a cult. Gold has been holding sideways in dollars as it rises in other currencies. Here is a typical chart they used to sell gold.
Eventually, the mind numbing delusion created by this group of gold promoters masquerading as analysts will break apart at the seams causing their heads to explode. Gold will rise with the dollar in the end-game for it will be seen in each country for what it truly is – the hedge against government NOT inflation. The way these people have hurt so many investors is criminal. If they sell gold, it is a conflict of interest and that prevents them from ever telling the truth and just being impartial. The relationships they have touted are just nonsense. The brainwashed cling to false ideas because they have lost so much they dare not admit a mistake. Such is the variety within human nature. It just is what it is – nothing more.
This does not mean that gold will outpace the dollar. It will lag and at times fall.
Comment From France
Tomorrow Sunday in the City of Terror:
The Three Little Pigs – Cameron, Merkel, Hollande – and other big supporters of the fanatics in Syria will participate in a march against fanaticism called Marche Républicaine from which they excluded Marine Le Pen who was willing to join them thereby excluding 25% of the population, in a desperate and shameful attempt to gain some % points for their pro-euro parties in the polls and the next elections.
They are gonna make us an offer we can’t refuse : STATUS QUO.
Mud – A Secret Miracle?
Sometimes ancient remedies knew things we assumed were just nuts. Romans would put mud on a wound. They may have been right after all. A completely new antibiotic named Teixobactin is the latest Hoffnungsgträger medicine discovery against multi-resistant organisms. The substance is produced by soil bacteria of mud. The researchers discovered from Bonn and Boston that just in mud exists Teixobactin.
This toxin acts completely differently from all known antibiotics. This attacks the lipid-protective package that has been protecting stubborn bacteria against antibiotics, which includes anthrax and tuberculosis bacilli as well as other highly dangerous pathogens causing pneumonia and blood poisoning, according to National Geographic .
NASA Discovers Earth-Like Planets We Can Exile Socialists To
The US space agency NASA announced a breakthrough in the search for possible exoplanets: space scientists have analyzed the data from the Kepler telescope and found a number of Earth-like planets. At least two of them could be habitable. This is a major discovery for as Britain use American and then Australia to export excess people on pretend crimes, we can divide society and send socialists there where they can all tax each other to death, or maybe we can start over and leave them behind. There just may be Plan B.
Capitalism – Socialism – Communism
The business cycle is critical to understand. The difference between Capitalism and Socialism is simple. Capitalism is where you are free to decide what you do with your money, and Socialism is where government orders you what to do withtheir money, which you earn. The difference between Communism and Socialism is clever. The former “owns” everything and the latter you own it but they tax it and if you cannot pay the tax they take it.
Socialism/Communists try desperately to paint capitalism as the benefit of the greedy rich. People see the bankers as manipulating government but this is not inherent in capitalism, that is the corruption that infects all republics. A republicALWAYS devolves into an oligarchy, which is not freedom and is not capitalism. Russia moved from communism to oligarchy and that is why it did not really boom as did China, which moved to capitalism.
For capitalism to work historically, it must embrace freedom and that can ONLY be accomplished by a true democratic system. Once you have career politicians who are elected perpetually, that opens the door to oligarchy. If China has a political class of professional politicians who do not need money to get reelected, then this defeats the oligarchy evolution for they do not require money to maintain power.
The elections of 53BC in the Roman Republic saw interest rates double because corrupt politicians had borrowed so much money for bribing votes. This is the oligarchy tendency that destroyed the Roman Republic.