The Greatest Degeneration

In past articles, I have alluded to pillars of manipulation.

What Will Break the Stock Market? (Oct 10, 2018) They are Ignorance, media, central banks, friends of the Fed, stock buybacks.

The consortium is breaking up. My feeling has been that the friends of the Fed which would cut and run when the central banks could no longer guarantee their profits.  It appears that they have. There are indicators I follow that telegraph when a short squeeze is being orchestrated. Based on that it appears the friends of the Fed are in the process of leaving the arena.

The media is still trying but efforts are getting tepid. They have even backed off of Donald Trump to a degree.

Central banks seem to have ceased coordinating their efforts.  Central banks are loaded up on the FANGS and are going into the every man for himself mode.

Free money for stock buybacks is not available right now. Since the phenomenon of buybacks is really just the best way for corporate insiders to make the most in the shortest period of time,  do not expect them to continue while stocks are dropping regardless. Buybacks are not a lot different than flipping houses.

The public is still ignorant and that may not change. It never does. So, at some point expect the announcement. Expect the Announcement An emergency will be declared and as much as possible losses will be passed to the public. That I guarantee.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

Fantasy Free Economics recommends the following blogs.

Dandelion Salad Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

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Fusion of Government Crime and Religion

Danger is in plain view but the mind is trained not to notice. Danger itself doesn’t exactly hide. Looking at the world through the prism of fantasy yields danger unrecognizable. Seen through the prism of fantasy, danger appears to be a friend. The notion that government is your friend or even benevolent is comforting but it is only a fantasy. Entertaining that fantasy is comforting but it may also cost you everything you own or even your life.

Natural law tells us that power corrupts. Fantasy tells us that powerful people are our friends. Power comes about as groups form. Some groups are so small there is no leadership. Leadership evolves as groups become large. It is natural law that because leaders have power they are more corrupt than the average person who belongs to the group. A little power corrupts a little. Much power corrupts a lot. History shows this is true. Today, most people in power seem o.k. Evidence shows that 40 or fifty years ago leadership was terribly corrupt during that time period.  With the passage of time, upon looking back after they are all dead, it will be clear that leadership today is corrupt beyond what most can fathom.

Where power is concerned whether it be government, organized crime or religion there are consistent parallels. Leadership is made up of individuals with very unlikely distributions of personality characteristics. In politics and religion leaders have personality characteristics common among sociopaths. They have similar personalities in organized crime but those may be more pronounced in the willingness to use violence.

Government, organized crime and religion have reeked havoc on populations over the ages. Until modern times, religion and government were seldom separated. Some of the worst cases of war and destruction over the years have been in the name of religion. During times of unusual stress, government, crime and religion work together. During WWII the mobs in New York joined forces with the U.S. government monitoring the docks for NAZI infiltration. They did a great job. Numerous religious leaders in NAZI Germany were instrumental in working with that rogue government. The goals of these organizations are similar.

In all cases, leaders have made it to the top in the game of dominance and subservience and are living out that reward.

Where does this leave the average citizen? In a democratic system, on a collective bases, citizens have the power to control what their leaders do but they submit to them instead.

Today, Americans are under the false belief that there are conservative leaders who are trying to reduce the size of government. There are no such people. That is only a fantasy. Liberals believe, that their favorite leaders are tirelessly trying do do things like redistribute income fairly and help people live peacefully together. That is fantasy also.

The truth is that, to the leaders, ordinary citizens are seen as a resource, there to be herded and fleeced. It turns out that that is exactly what they are. It doesn’t have to be that way but the propensity to engage in comforting thoughts as a way of avoiding the reality of living in a system of dominance and subservience is too tempting.

The situation is so severe that governments, crime organizations and corrupt religious entities are just having a field day. The United State government is used by folks who control it like it was a business enterprise. All legislation is for profit. American citizens are letting parasites draw the lifeblood out of the economy. Like any parasites, the ones feeding off the American public will eventually kill the host.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

Fantasy Free Economics recommends the following blogs.

Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

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At Least She Knows She is a Socialist

The phenomenon of young Americans turning to classic socialism is interesting. Even more interesting than that is the fact that their critics are unaware they are socialists themselves. http://quillian.net/blog/young-socialists/

Socialism is defined in a number of different ways. In a free market economy, a price system determines how goods, services and resources are rationed.  Any economy that is not free market based is a form of economics by force. Our former price system in the united states has been replaced by a system of allocating resources according to political power.

The critics of the classic socialists are socialists themselves. Without fail, they are Americans who reap great rewards by virtue of the political power their socioeconomic class possesses. Politics in the United States has turned out to be a game of “Look at them. Don’t look at me.” In the meantime wealth continues to be extracted out of the bottom of the food chain, and due to political power channeled to the top.

What you are hearing from the right is, “Pay me just because I exist but make sure free market principles are applied to everyone at the bottom of the food chain. So many Americans are conveniently unaware that they, not those they criticize are the problem.

Where are the free market people? If there were any, you would see them. How is a free market person recognized. A free market person is taking demonstrative action to repeal laws and close government agencies. If the day ever comes when you see that role occupied, you will have seen a free market person.

The socialism for the rich camp is well entrenched and not going anywhere any time soon. They don’t want to share their spoils with the people on the bottom so they call themselves capitalists while functioning as top down socialists. All would benefit by a free market system but that idea is not treated as an option.

The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

Fantasy Free Economics recommends the following blogs.

Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

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Economics’ Great Misunderstanding

The discipline of economics operates on the assumption that work is a first choice. Work can be an only choice but it is never first choice.

All oxygen breathing entities have evolved by practicing behaviors which optimize their chances of surviving and reproducing. As distasteful as it seems, odds of survival are increased for any individual who can live off the efforts of others. Continue reading

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Organized Crime Owns Your Government

“Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!”

? Benjamin Franklin

Benjamin Franklin was terribly misguided when he made that quote. Democracy had never been thoroughly tried, so he can be forgiven for for not foreseeing that there were more serious issues with the abuse of democracy than what originate with ordinary people. Continue reading

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Friends of the Fed

Who are the Friends of the Fed? Friends of the Fed are dealers who insure the Fed that newly created money will be channeled into appropriate financial markets. More important Friends of the Fed are the high frequency trading firms who orchestrated short squeezes and manage uptrends in a positive manor. Friends of the Fed are loyal to the Fed as long as the Fed can and does guarantee risk free profits for them. Continue reading

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Respect

Who deserves respect? Do you respect the President of the United States, members of congress and the American Flag? Respect is a great thing in personal relationships? Have you ever done time in an American prison? In prison respect matters out of proportion to everything else.

What is the role of respect in studying economics or political science? James Quillian has no respect for the American flag, the president, other world leaders or any of the sacred people or institutions folks are prone to celebrate. James has no lack of these entities either. No respect is a neutral. Respect is positive. Disrespect is negative.

The president is just one of the animals who is where he is because of a unique set of personality characteristics. The president holds the highest position in our world’s game of dominance and subservience. All that matters is what the president does and the incentives he has. There are no special people.

In personal relationships, respect is indispensable. In politics as soon as you respect someone, you are ascribing characteristics to a person that he may or may not have. With disrespect, a person is being diminished, perhaps arbitrarily. Respect is something to be discarded privately. It must never be replaced with rudeness.

What matters in economics is a person’s incentives. If you can entertain the idea that what a person ends up doing is an accurate picture of that person’s deepest beliefs, then taking a persons actions at face value is the best approach. If in doing things, a person is not acting on his beliefs then there is no way to discern the worthiness of the things he does anyway.

Use good manners. Be rude to no one. In studying social phenomena respect is a way of engaging if fantasy. Fantasy will generate wrong answers. Use respect in personal relationships.

Under all circumstances, remember that all legislation is for profit. Who profits from legislation? Who has political power? Political power determines who makes the profit on legislation. Legislating for profit is what congress does. If you have no political power, legislation puts you at a net loss. Respect tends to build the impression that politicians participate for reasons other than self interest.

The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.political agenda.

Fantasy Free Economics recommends the following blogs.

Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

 

 

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The Danger

Generally I  explain economic and political issues in just a few sentences. The dangerous situation the world is in today can be explained in one sentence. Here it is.

The rejection of free markets and democratic principles is the danger and the source of most other dangers in the world today. Continue reading

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Your Punishment For Believing Lies

I have a saying. When a lie is told, there are two guilty parties. There is the liar of course. Then there is the party for whom the truth is not good enough.  Without that arrangement few lies would be told.

The punishment for believing lies is suffering.  Continue reading

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The Healthcare Solution

Having government pay for healthcare is not complicated. Americans insist that government pay for health care. Like all economics issues the optimum way to pay for healthcare in a system where all parties reject the free market concept can be explained in a sentence or two.

Do not mistake Medicare for healthcare. It is not. It is insurance. Medicare for is insurance for all. Insurance for all reduces physicians incentives to care for patients. With insurance for all, your doctor has more of a rent seeking incentive than anything else. Continue reading

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