Inflation and Taxes More and More Coming
The Dollar Vigilante
by Ed Bugos: Another
Numerologist Gets the Idiot Award
Communist must grasp the truth: Political power grows out of the
barrel of a gun."
~ Chairman Mao Zedong (The
Little Red Book, 1964)
I don't think
anyone can truly understand the idea of freedom without understanding
why a shrinking group of Americans cherish their 2nd
amendment rights so passionately. Obama says that the voices of
dead children compel change, by which he means to disarm Americans
at a faster pace.
He talks of
change, but it is more like "Hope and Chains". He reeks
of the status quo. True change would involve a free market (libertarian)
solution to the problem of school shootings and violence
since they aren't being employed there. You may not agree. But you
can't disagree that they would represent true change.
were no such incidents in the left's mythological portrayals of
the wild, wild, west!
You know our
view. Freedom is an unknown ideal altogether. But even if we were
to concede that a libertarian solution was going backwards, who
could dispute the better numbers from back then?
But those arguments
and there have been many good ones made that freedom haters
on the left have never even heard weren't given a single
thought in his haste to get back at the Republicans for all the
trouble they keep causing him. Obama is right that society has failed
those dead children of whom he speaks. But isn't this system administered
and run by his bureaucratic cohorts? Isn't that same old centrally
planned one-size-fits-all education part of the problem? Isn't there
anything to the idea that gun free zones invite armed crime, or
that guns protect people too (thus also lessening the need
for state police)? What about the idea that popular pharmcaeutical
drugs play a role in the violence? Or what about the FACT that gun
control simply puts all the guns in the bad guys' hands. Not interested!
He would much rather exploit the opportunity for more political
capital from his own side. I'm just calling it like I see it. Obama
is a politician and he's exploiting those dead children for his
own political gain.
If that were
not true there would be a more serious two-sided debate on the issue
before recommending action that will not even be able to cure the
symptoms. Not that I am alone claiming to understand the cause of
these violent incidents. However, I am pretty sure the mere existence
of guns isn't it.
they'll probably push more regulations through like they pushed
through healthcare reform.
as another signpost on the road to totalitarianism. As Ayn
Rand said, "The difference between a welfare state and a totalitarian
state is a matter of time."
The irony is
that the same people who would deny it are blind to their own contribution.
But what is
important to me, as a gold market analyst, is the impact of all
this on the economy. [Editor's Note: Ed's gold market
analysis and advice is available to premium subscribers of TDV's
Weekly Dispatch. Click here
to learn more.]
in the direction of bigger government puts greater control over
the means of production in the hands of the state's planning bodies,
which means less competition, less consumer sovereignty, and hence
less supply, less quality and higher prices. This in turn ultimately
means less productivity.
But in a world
where politicians are constantly trying to buy votes with the illusion
that they alone are the source of prosperity (while the market is
bad) it means more inflation, and more taxes.
just simple economics.
Government Really Were Shut Down It Would Be America's New Birthday
the US administration's position on gun control is a mere signpost
on a section of the highway where there are no turnoffs, its position
on the public debt (and spending of course) is far more revealing
of the substance in my point. It seems pretty clear that Obama's
agenda will result in the further expansion of government, not only
in the present but also in the future by obligating future
generations to pay for today's excesses. Describing the Republican
opposition to raising the debt ceiling and insisting on some spending
cuts, Obama said they were "holding a gun at the head of
the American people." I mean, and they aren't even talking
about the kind of spending cuts that I would recommend. What would
he say to that? Really, it is the irony in his words that compels
For he is currently
the nominal head of the largest criminal organization in the world,
an organization that holds a gun to Americans' heads each and every
day, and he accuses the Republicans of holding a gun to Americans
heads for wanting to reduce that burden!?! Surreal.
So the sheep
are brainwashed. They think their taxes, taken from them involuntarily,
actually go towards the public good because the lesser evil who
they voted in is a benevolent philosopher king.
the money is blown on pork barrel subsidies to a handful of preferred
cartels, bureaucrats, labor unions, war pigs, and other organizations
that couldn't stand without the support of government.
The mass of
sheeple thinks the government is protecting them while it is waging
a war on the little guy.
If we truthfully
lived in a free market system as the liberals claim, there is no
way that the head of state would even dare to say that threatening
to shut down government is like holding a gun to Americans' heads.
In my mind then it is just more evidence of how far from a free
market system we've strayed.
It would do
Obama followers well to listen to Mao's words. They contain the
obvious at least to our group but they also happen
to point out the less obvious: that socialists don't want to accept
that the coercion is never justified. The end never justifies the
means. Isn't the means, after all, most of the journey? If government
were ever to shut down, history should record it as America's new
March 1, 2013
Bugos, a frequent contributor to The
Dollar Vigilante, is an anarcho-capitalist with a strong background
in Austrian economics, is one of the world's most sought after and
respected mining analysts and serves as The
Dollar Vigilante's Senior Analyst. Based out of the global epicenter
for gold mining exploration and financing, Vancouver, Canada, he
has been writing publicly since the late ‘90s and is a well known
critic of government interventions and central banking.
© 2013 The