tuckfinitee

Another Crisis Looms Right Around the Corner

RE: James Goldsmith. Goldsmith realizes something is very wrong but he is very much off target. Global trade, economic growth, science and technology, nuclear power are not inherently bad. Yes there are problems and dislocations but they can be overcome and we can all be better and better off as a result.

I can summarize where the real heart of darkness is.

1.The fraudulent and manipulative control of money flows.

2.Gradual but overt political oppression. Now I don't have the time and space to detail all the propaganda, deceptions, and crime syndicate methodologies that go into both 1 and 2. However the foundation of 2. is childishly simple. An infinite wish list and the abolition of the hierarchy of values. If you walk into a law library you can find the results of centuries of effort(and thousands of years of hard lessons) to prioritize "goods"(rights being a subset), to resolve conflicts among goods and to interface with reality(for example freedom of speech is a high priority good but you can't yell fire in a crowded theater. Rights vary from your home, to a park, to a workplace). Unfortunately people are weak and ignorant. The constitution guarantees limited gov and encourages maximizing individual choice. But we have arrived at the opposite by the simple expedient of saying wouldn't this or that be good.

How Low Can This Market Go? The 40 Percent Solution

What was the rate of inflation in the 30s? With a real inflation rate of 10% and the Dow at 10,000 2 years from now, what's the value? I'm predicting a gradual shift to genteel poverty like Britain in the 1st half of the 20th minus the world wars. Actually praying.