And all I see here is another apologist for the rich and powerful making excuses and trying invoke the scare tactics of anti-Semitism, collectivism, anarchism etc. etc. It's always the government or the lefties or anyone except and never the good old conservatives and the honest bankers and industrialists. Sure, your government is as dishonest as they come. I agree. But so are your bankers and your industrialists - they're the ones that have been doing the screwing. And if you don't understand what ordinary folk are then you really have lost your way.

On 16/10/2011 11:15, Michael R. Brown wrote:
Hi Horse -

"Ordinary folk" - who are they? Is that "the masses" I see in collectivist fiction? (They are a collectivist fiction, by the way.)

Funny, when I take a snapshot of 60 years ago and compare it to today, today looks an amazing lot better. Did they have MRI machines then?

60 years ago was also a time of absolutely unprecedented economic strangeness, with Europe self-decimated and the U.S. temporarily at the top of the heap, in part thanks to the horrendous Bretton Woods economic system, which contained within it a deadly contradiction: http://en.wikipedia.org/wiki/Triffin_dilemma . Not a sustainable situation, similarly with the value of the dollar. We'll never go back there: not without a devastated world.

The people marching (with a plethora of signs, enough of them anti-Semitic for the JDL to be watching this movement) are not "ordinary folk," who in the U.S. generally know that economic liberty works when it's allowed to exist. They are on the left, with an anarchist spritzer. And anything but grassroots, anyway: organized by Adbusters, a Canadian outfit with indirect funding from Soros, and advertised by a collaborating media.

This much I agree with: people are getting screwed. But it isn't by the bankers. It's by government pursuing a completely unsustainable path of non-real money, debt, and crony "capitalism." Economic liberty (partial as it was) changed the world for the better in a historical flicker of an eye. For about the past hundred years, it's been subverted on many fronts. These are the predictable (and predicted) results. The Austrian school of economics foresaw all of this, because any sustained substantial interference with the market induces dislocations that induce further dislocations, and so on. That's why having real money (which constrains debt, governmental or private) is so very important - and is happening, anyway, de facto. Probably de jure in time.

The protesters are barking up the wrong tree.


MRB
http://www.fuguewriter.com
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