MCViewPoint

Opinion from a Libertarian ViewPoint

Dystopian Pipe Dreams — Global CBDC’s Would Go The Way Of “Vaccine Passports”

Posted by M. C. on July 1, 2023

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

David Stockman on Why the US Should Stop Sending Money to Zelensky

Posted by M. C. on July 1, 2023

In other words, what we have here is a Washington-triggered civil war in an area that has been either a Russian vassal or appendage for centuries and where the term “Ukraine” actually means “borderlands” in Russian.

As we indicated recently, it’s time to get back to a Fortress America defense policy, which could be funded for a fraction of today’s $900 billion defense-a-palooza. And we wouldn’t have to waste our national treasure on un-useful idiots like Zelensky, either.

by David Stockman

Zelensky

If the truth be told, we are getting sick and tired of the little piss-ant who runs the cease-pool of corruption, tyranny, delusion and death called Ukraine. This clown—and that’s what he is actually trained as—just can’t seem to stop stridently demanding money, arms and support from the rest of the world and lecturing everyone to fall into line or else.

In his actual clown days, of course, Volodymyr Zelensky was known for the act depicted below. But when it comes to the collective West, the latter seems to enjoy the fact that the Ukrainian president continues to bang away upon it, relentlessly pounding out a melody of me, me and more.

But lately Zelensky has really gone over the top, peddling the hideous canard that if we don’t enable him to fight “them” over there with everything and all that he demands by way of money and weapons, we will soon bleed and die against “them” over here.

That’s the “Putin is going to invade Europe next and maybe America too”, nonsense. It’s actually groundless blithering idiocy, and yet Washington treats him as a brave ally and statesman:

If any candidate thinks supporting Ukraine is too costly, are they ready to go to war? Are they ready to fight? Send their children? Die?” Zelenskyy said. “They will have to do it anyway if NATO enters this war, and if Ukraine fails and Russia occupies us, they will move on to the Baltics or Poland or some other NATO country. And then the U.S. will have to choose between keeping NATO or entering the war.”

Let’s cut to the chase. No American or NATO soldier is going to be fighting Putin’s army in Poland, Berlin or Belgium because the Russian army ain’t going there. Not in a month of Sundays.

Vlad Putin is no prince of men, but his war aims are limited, rational and clear as a bell. To wit, as he warned for 15 years, he does not want NATO missiles on his doorstep in Ukraine, just as President Kennedy insisted about Khrushchev’s missiles 100 miles away in Cuba 61 years ago.

Likewise, he wants the Russian-speaking populations of the eastern Donbas region and the Black Sea rim, historically known as “Novorossiya” or New Russia, to have self-governing autonomy and protection from military attack by the anti-Russian Kiev government, as per the Minsk agreements. After all, those brutal attacks, which killed upwards of 14,000 mostly civilians, occurred nearly continuously for eight years after the Washington-sponsored Maidan coup of February 2014. The latter had installed hostile proto-Nazi elements in the unelected and illegal government stood up in Kiev by Victoria Nuland and her Washington gaggle of neocon hegemonists.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , , | Leave a Comment »

What’s Wrong with Socialism?

Posted by M. C. on June 30, 2023

How much was your IRS allowance this year?

https://youtube.com/watch?v=snhmQlfb-3A&feature=share

Be seeing you

Posted in Uncategorized | Tagged: , | Leave a Comment »

Earthquake

Posted by M. C. on June 30, 2023

You can no more win a war than you can win an earthquake

Jeannette Rankin

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

The Controlled Demolition Of Nation-States

Posted by M. C. on June 30, 2023

Why would nations give a bunch of global bankers a monopoly to control the supply of money, when that awesome power allows them to impoverish and manage everyone else?  Why would politicians who claim to care about income inequality perpetuate a system that specializes in producing income inequality?  The answer is simple: governments are concerned exclusively with power and do not care about preserving democratic ideals, personal freedom, or the livelihoods of their people.

https://www.zerohedge.com/economics/controlled-demolition-nation-states

Tyler Durden's Photo

BY TYLER DURDEN

Submitted by J.B. Shurk via American Thinker,

Generally speaking, central banks are empowered to control the supply of money by employing a number of tools that include buying government debt, selling government bonds, adjusting reserve requirements, and setting official interest rates.  Operating under various legal mandates to sustain an overall healthy economy, central banks ostensibly pursue policies that will produce relatively low inflation, steady economic growth, and low public unemployment.  

What if these stated goals are merely talking points meant to justify a central bank’s continued monopoly over a nation’s creation of money, and the true objective of any central bank is to maximize wealth for the wealthiest economic players?  Central banks, after all, are usually institutionally independent from government interference.  They are private firms managed by the world’s financial elite.  How might a central bank pursue a hidden agenda to grow the wealth of its friends at the public’s expense?

The easiest and most effective way would be to create artificial “boom and bust” cycles during which economies greatly expand and then quickly shrink.  How does this work in practice?  First, a central bank lowers interest rates — the cost of borrowing money — and thereby encourages ordinary citizens to take out loans.  These loans are used to buy houses and cars and start small businesses.  By artificially lowering interest rates below the natural market rate, central banks stimulate consumer purchases and small business expenditures beyond what Adam Smith’s “invisible hand” would have rendered on its own.  Investors who have an economic interest in selling houses, cars, and inventories for small businesses all benefit from the central bank’s intervention.

Additionally, because central banks have encouraged borrowing, they have pumped more money into the greater economy.  With the supply of money artificially increased, some individuals are willing to pay more now than before for the same goods or services.  Consequently, the prices of goods and services increase, producing inflation.  There are two important effects stemming from inflation: (1) a middle-class citizen on a fixed income must now pay more for living expenses, while (2) a higher-class citizen who owns stocks, homes, and other assets will see the currency-denominated value of those assets increase.  In other words, inflation acts as a tax on poorer individuals who own little and a supplement for wealthier individuals who own much.  While a middle-class citizen living paycheck-to-paycheck will effectively have less income, a higher-class citizen whose principal wealth exists in the form of assets will have increased net wealth.  Inflation effects a wealth transfer from the poor to the rich.

Now, a central banker will insist that artificially low interest rates and easy borrowing have made it possible for consumers to own more things and for fledgling entrepreneurs to start small businesses that would have otherwise never existed.  A less charitable description would be that low interest rates have induced ordinary citizens to buy things that they cannot afford, take on long-term debt, and risk their financial futures on business start-ups that may well fail.  Sometimes those risks pay off and produce rags-to-riches success stories.  When interest rates suddenly rise, however, they often end with unpaid bills and the eventual bank seizure of those cars, homes, and business assets.  A central bank’s easy money programs momentarily increase consumer ownership and small business creation before inviting financial distress and repossession as rent, payroll, inventory expenses, and other fixed costs increase.

During the “boom” side of the cycle, central banks produce a lot of momentary “winners” and increase overall national wealth by encouraging consumer spending and inflating the currency-denominated value of assets.  During the inevitable “bust” side of the cycle, however, the real winners emerge when the super-wealthy scoop up a bankrupt population’s primary assets for pennies on the dollar.  

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

The Trouble with the Constitution and the “Social Contract” | Mises Wire

Posted by M. C. on June 30, 2023

As for the state’s supposedly indispensable role, once we grow up and leave behind the scare tactics from our sixth-grade textbooks — without your public servants you’ll starve, or be poisoned, or drive an exploding car — we discover how little we need the state after all. The historically unprecedented explosion in living standards all over the world had everything in the world to do with market-driven capital accumulation, and zero to do with government spread-the-wealth schemes.

The truth of the matter is this: the only welfare the state is concerned about, at root, is its own.

https://mises.org/wire/trouble-constitution-and-social-contract

Llewellyn H. Rockwell Jr.

Politics is of its very nature biased in favor of intervention and planning. Even in its “minarchist” or “night-watchman” version, politics is based at root on the idea that some decisions must be made coercively and imposed on unwilling minorities — or even majorities, as the case may be. This is contrary to the principle we observe in private life every day: the consent of both parties is necessary for a transaction to take place.

The state never stays “limited” in the long or even medium run, as we’ve seen for ourselves, and before long it worms its way throughout civil society. Once it becomes entrenched in some area of social life that had previously been managed by voluntary means, people grow accustomed to the state’s new role, even coming to view it as indispensable. The spirit of spontaneous, voluntary cooperation therefore atrophies and dies. This, in turn, is cited as justification for still further state interference, and the cycle continues.

In the modern state politics is coupled with government education in a one-two punch to the voluntary sector. That is, the moral principles and the unstated assumptions that govern politics have already been drilled into the heads of the young well before they become eligible to vote. By that time they have imbibed every comic-book platitude about the selfless public servants who are just out to improve everyone’s well-being. Were it not for the indoctrination of the public from a very young age, the state’s racket would be far more obvious and transparent.

(Incidentally, the first lesson kids in government schools learn is that if enough people want something — “free” education, for example — you should get it by having goons seize the funds from your neighbors. Why, how else could anything get done?)

The best known of the intellectual constructs by which the state seeks to legitimate itself must be the “social contract.” To evaluate this construct properly, consider how contracts function in civil society. You and I are interested in, say, an exchange of services for money. You are going to paint my house, and I am going to give you a cash payment. We spell out the terms of our understanding in a contract.

These terms may include the nature of the work, a deadline by which the task must be completed, and perhaps even the name of an independent arbitration service we agree to consult if one of us believes the contract is not being properly honored.

Contrast this with the state’s so-called social contract. Here, nobody signs anything. You are assumed to consent to the state’s rule because you happen to live within its territorial jurisdiction. According to this morally grotesque principle, you have to pack up and leave in order to demonstrate your lack of consent. The state’s authority over you is simply assumed (or it takes the form of a contract nobody ever signed), with the burden of proof on you, rather than — more sensibly — on the institution claiming the right to help itself to your life and property.

If my cooperation with the system is only under duress, and my repeated insistence that I do not consent, is insufficient to indicate my lack of consent, then what kind of crazy moral system is this?

Is there an analogous situation in the private sector? Do we just assume you intended to buy a car or a house, or to enter into a labor agreement, on the basis of dubious inferences? Do we not instead sign form after form, drafted in meticulous legal language, to ensure that the nature of the activity in question is clear to everyone?

Oh, but the state provides services, and you should pay for them! Again, though, when anyone else provides services, I decide for myself whether I want to use them (in which case I pay), whether I prefer an alternative provider of the service, or whether I choose not to avail myself of the service at all.

Ah, but the services the state provides aren’t the kind that can be provided competitively on the market, so you must be corralled into paying for them, like them or not.

But this is mere assertion. Education is provided on the market, and always has been. Scientific research was funded more copiously per capita before the state became heavily involved. Poverty relief took place on a vast scale long before the world’s welfare states amounted to much of anything. Even security and legal services can be and are quite effectively provided on the free market.

All right, so the state’s social contract may not amount to a hill of beans, and in fact is a transparent attempt to legitimize behavior we would not tolerate from any other actor or institution, but what about written constitutions? Aren’t these at least partly contractual in nature, and don’t they restrain government from the worst abuses?

Let’s consider the United States Constitution as a test case, since conservatives and even many libertarians point to it as one of the most brilliant political documents ever drafted.

The minarchist calls for a “night watchman” state, a state that limits itself to the production of security and adjudication services. (I shall leave aside the cognitive dissonance in warning about the dangers and wickedness of the state on the one hand, while simultaneously proposing the absolute necessity of the state in providing the most important and fundamental services of all.)

Interestingly, the US Constitution actually calls for something less than a night-watchman state, in the sense that most security services are assumed to rest with lower levels of government, and are not a federal function in the first place. So this would appear to be an excellent test of the “limited government” position, for here is a document that begins with such a limited government that it’s even less government than minarchists themselves would call for.

Well, how has it worked out?

For the answer to that question, simply look around you.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

Supreme Court Finally Acknowledges That Racial Preferences Have Always Been Wrong – The American Spectator | USA News and Politics

Posted by M. C. on June 30, 2023

It has struck down affirmative action in the Harvard case.

https://spectator.org/supreme-court-finally-acknowledges-that-racial-preferences-have-always-been-wrong/

by MARK R. WEAVER

Today, the U.S. Supreme Court rejected the substitution of race for merit when it ruled against Harvard University’s use of racial preferences in admissions. “I write,” Justice Clarence Thomas states in his concurring opinion, “to clarify that all forms of discrimination based on race—including so-called affirmative action—are prohibited under the Constitution.”

The landmark decision is squarely at odds with figures like Bull Connor, George Wallace, Robert Byrd, and their modern-day counterparts who advocate for different treatment based on skin color. More importantly, it confirms what most Americans already understand: Treating people differently based on their race is always wrong.

In America, judging people based on race reached its nadir with the scourge of slavery. Despite its continued practice around the world, this vile practice wasn’t easily erased here. Hundreds of thousands of Union soldiers bled and died to advance the bold Christian witness of abolitionists in the U.S. and England

Jim Crow–era laws and their stubborn vestiges took even longer to defeat. Early in my career, as spokesman for the Civil Rights Division of the U.S Department of Justice, I saw the ugly sneer of racism in case after case. Here’s what I learned there: Every illegal racist act must be confronted, and our justice system provides many ways to do so.

The True Drive Toward Equality

Despite the depraved hearts of a small cohort of our countrymen, the dream of Rev. Martin Luther King Jr. — that each of us be judged by the content of our character rather than by the color of our skin — is more tangible now than ever before. Indeed, the World Values Survey indicates that America is among the least racist countries on earth.

Rejecting racial preferences has been an American ideal ever since Thomas Jefferson wrote, “We hold these truths to be self-evident, that all men are created equal.” That God-ordained notion took a long time to take hold, especially since Jefferson himself incorrectly thought his slaveholding deserved a pass. But just because someone gets his math wrong doesn’t mean the truth of the equation changes.

The consistent forward drive toward achieving equality has been detoured by modern-day segregation within American universities, even as the Constitution requires “equal protection of the laws” from the government and entities — like most colleges — that accept government funds. Sadly, like a miser greedily gripping his last dollar, those obsessed with racial preferences refuse to let go.

Perhaps now, with a majority opinion from the highest court in the land, we can obliterate this insidious inequity, often glossed over with the Orwellian label of “affirmative action” — an idea that doesn’t even work, as a Stanford Law Review study shows. Black law students accepted though race-conscious admissions processes are worse off than at schools where race isn’t a factor.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

The Mule Shows Why the Drug War Will Never Be Won

Posted by M. C. on June 30, 2023

The movie demonstrates why the drug war will never be won. As officials crack down, they reduce the supply of drugs. The reduced supply causes prices to increase. The increase in prices and profits attract regular people who realize that they can score big and probably not get caught.

Last night, I watched The Mule, the drug-war movie on Netflix that was produced and directed by Clint Eastwood. It was the second time I’ve seen the movie. 

Eastwood also stars in the movie. He plays an elderly drug transporter for a drug cartel, which in drug-war parlance is called a “mule.” 

As with many drug-war movies, you can’t help but like and sympathize with Eastwood. Every time he is close to being busted by the DEA and local law enforcement, the natural tendency is to root for Eastwood and not the cops.

Why does Eastwood risk getting caught and being sent to jail? Money! He needs it bad. His home is being foreclosed upon and he is barely surviving. Accepting the job as a drug mule not only provides him with money, it provides him with big money, enough to save his home and live a lavish lifestyle. 

The movie demonstrates why the drug war will never be won. As officials crack down, they reduce the supply of drugs. The reduced supply causes prices to increase. The increase in prices and profits attract regular people who realize that they can score big and probably not get caught.

Now, I’m sure that there are drug warriors who would respond, “Jacob, that’s just in the movies. That sort of thing doesn’t happen in real life.”

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

War Trudges On and On and On – Ellsberg, the Pentagon Papers, Ukraine

Posted by M. C. on June 30, 2023

Each side mires itself in platitudes. Like schoolboys, they are too macho to put down their fists and talk. Little has changed, alas, since the first woman elected to Congress, Jeannette Rankin, asserted, “you can no more win a war than you can win an earthquake.”

antiwar.com

by Russell Vandenbroucke

The recent death of Daniel Ellsberg offers an opportunity to recall what leaking The Pentagon Papers accomplished and ask what it reveals about ending a war, including the one in Ukraine. Alas, publication of this secret, political and military history of American involvement in Vietnam did not immediately end that war, then America’s longest (Afghanistan lasted five months longer).

Ellsberg, a Marine veteran and national security analyst, contributed to “Report of the Office of the Secretary of Defense Vietnam Task Force,” the official name of the report that Defense Secretary McNamara initiated in 1967. It ran 7000 pages and revealed, among much else hidden from the public: that the U.S. had expanded the war to Laos, officially neutral; that successive presidents knew winning was unlikely; and that they disregarded American casualties. Ellsberg first offered documents to Senator Fulbright and other Congressional leaders in 1969 and 1970. When they did not respond, he turned to the press in 1971. By then, countless efforts to stop the war had occurred, including:

April 1965: 20,000 protest in Washington, the largest antiwar rally in American history to date. Fewer than 1000 Americans have died by then. Instead of listening to voices for peace, LBJ escalated both bombing and numbers of troops.

April 1967: In “Vietnam, A Time to Break Silence,” Dr. King announces to an overflowing crowd of thousands that he now opposes the war for many reasons, including “Negro and white boys kill and die together for a nation unable to seat them together in the same schools.” Three-quarters of Americans reject his opposition, including 55 percent of African Americans. Of more than 58,000 Americans who die in Vietnam, 78 percent perish after this date. Vietnamese casualties are not recorded at the time but are later estimated to exceed two million.

Feb. 1968: Walter Cronkite, the country’s most respected broadcaster, tells his nightly audience that, since the war is headed to stalemate, negotiations should begin to end it. The war continues apace; nearly 30 percent of all American deaths occur in 1968, the year of the Tet Offensive.

March 1969: President Nixon, recently elected because of, in part, his secret peace plan, begins bombing Cambodia.

Oct. 1969, the Moratorium to End the War attracts millions of peaceful demonstrators across the US and around the world.

Nov. 1969: Nixon announces his “Vietnamization” policy to transfer responsibility for the war – without ending it – to South Vietnam. Some 58 percent of the public approve Nixon’s plan. At no point from 1965-1972 do a majority of Americans support immediate withdrawal. About 35 percent of American deaths occur during Nixon’s presidency.

June 1971: Pentagon Papers are published.

March 1973: Nixon announces “peace with honor” and US withdrawal from Vietnam.

April 1975: a quarter-century after first American military advisors sent to Indochina, Vietnam’s civil war ends with the fall of Saigon to North Vietnamese troops.

Ellsberg, sent to Saigon in 1965 to evaluate civilian pacification programs, would spend 18 months with patrols into towns and villages. His skeptical reports about death and destruction and potential victory by North Vietnam went nowhere.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , , | Leave a Comment »

Coup Coo

Posted by M. C. on June 29, 2023

It looks like the neocons, the CIA, and Britain’s MI6 did, too, if they helped nudge the event to fruition with assurances and cash — say, some of that $6.2 billion the Pentagon happened to find recently via an “accounting error.” 

James Howard Kunstler

“At exactly the point of the AFU’s weakest moment and near-collapse on the battlefield he chose to strike Russia in the back as if obviously driven by a hidden hand.”— Simplicius on Substack

 You’d think that the hapless DC neocons, Antony Blinken and his boss, Victoria Nuland, plus the gang at Spook Central, would have learned a lesson about the diminishing returns of color revolutions: namely, that these bold pranks blow back… and not in a good way.

    The New York Times informs us that US Intel was well aware weeks beforehand of the developing coup attempt by Yevgeny Prigozhin and his personal army, the Wagner Group. Congressional leaders were briefed a day prior to its roll-out. Well, golly, can you suppose for a New York minute that Russia’s intel agency didn’t know all about it, too?

    A vast array of explanations for this bizarre wartime vaudeville can be found in every corner of the Internet. I’ll go with this one: Prigozhin came to bethink himself a Napoleonic figure. Just as Bonaparte wowed revolution-weary France with his military exploits against her enemies, and seized leadership of the nation, Prigozhin’s mercenary army carried the brunt of the action in Ukraine this year, culminating in the heroic victory at Bakhmut. Priggy regarded the Russian Ministry of Defense as oafish, and by extension, his long-time friend and mentor, Vlad Putin, indecisive about it. The moment was ripe to seize power! As a recent US president might have said: he misoverestimated.

    It looks like the neocons, the CIA, and Britain’s MI6 did, too, if they helped nudge the event to fruition with assurances and cash — say, some of that $6.2 billion the Pentagon happened to find recently via an “accounting error.” What better time to destabilize Russia than during Ukraine’s vaunted spring offensive (which, let’s face it, was not going too well)? In fact, Ukraine’s whole NATO-assisted project from the get-go looked like a bust. The Bakhmut “meat-grinder” was just the latest fiasco. But then, the irascible, disgruntled, and grandiose field marshal Priggy seemed like the perfect instrument to jazz things up for the demoralized West.

     Pretty darn quick, on the road from Rostov-on-Don to Moscow, Priggy learned the hard way that he had no support in the government, the military, or among the Russian public. The coup fizzled before sundown the very day it started. Some say, any way you cut it, the result is Vlad Putin left looking weak and vulnerable. I don’t think so. His speech to the Russian people that day appeared, if anything, resolute. And the way he seemed to spit out the words “a stab in the back,” you couldn’t think he was play-acting. By evening, with the whole psychodrama concluded, the people of St. Petersburg crowded the quay along the Neva River and busted into patriotic song.

     Let’s address one nagging question: why did Mr. Putin allow the Wagner Group private army to play the leading role countering the Ukraine offensive? Answer: because he was saving and building-up the regular Russian army to strength in the further event that NATO might finally jump into Ukraine with all its multi-national feet when all else fails.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , , , | Leave a Comment »