F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

April 2013 - Posts

Stands the proof of time
Well it's not new for any Mises fan: http://mises.org/daily/6415/Come-Back-to-Gold

He's proved right every decade, every year, every month. The statism of states and the money monopoley of central banks is the foundation of more evils than nearly states.... Well you know and I know during money = gold times, the authorities have always made the money more unsound. I do not know how much it's has gone down for the Eulen of Athens, but the gold part surely has dropped but that's the difference to today.

Everyone knew back then.These days just von Miseans and followers "know". Well and those who really have understodd the false-money systems world-wide...

It fits
Again I just have to wait a few day, and there it is another answr to my has the fight against terrorism has made the US more save?

Not save enough, without even more restritctions on civils rights. http://www.zerohedge.com/news/2013-04-24/guest-post-how-boston-bombing-already-being-exploited-introduce-tyranny. The bastards are on the run again, and they will not halt, even if it means "It's murdering time again"..

Count the many measures
of dear Mr President.

Slapped because of his anti-weapon war. Solved with selling more weapons http://www.zerohedge.com/news/2013-04-20/obama-sell-10-billion-weapons-israel-saudi-arabia-and-uae

Costs to bring down one terrorist: 1 Billion.

So tell me about the countless measure there are. What's up with the deledefs? They are running amok themselves.

Italies fine time has not come to an end. A 87 year old, working for how long now for the government, should get Italy on some track? So where? Nowhere land? Grillo is now put more an more in the facists edge. Does it deserve it? Isn't it that we are overtaken by soicio facists, since at least now 5 years.

Who remembers TARP, the program that should have healed it all? And how much was done since then?

Good news for the Italians
After now 2 months or so they still weren't able to choose new president.

That has bought some time for the Italiens. They should get there Euros out of their banking system, go into some precious metals and open accounts in other non Euro countries. They will be the next who will get stolen from the EC.

So get your money out of Italy as long as there are any presidents around

Good luck

Does the fight against terrorism has made the US more safe?
Well after Boston one can see it has not worked that fine. Now does it have helped to control all air passenger data targeting US airports?

Could it be that the fight against terrorism just supports the fight against the US? Let us assume the US forces have killed a faimily in Afgahnistan, there is just one survivor and it's clear that they had nothing to do with any terrorism. Now his family is dead, would you think he does not think about revenge?

Ron Paul has warned in the past and asked to get your soldiers back. Did the Obama legislation have followed? No the US soldiers are around the wold an figthing terrorism and with every new innocent casualty the hate get's larger and larger, Should one think to follow Paus suggestion now and just see that the bombs won't explode in the US itself?

It's the base of terrorism that it always hits the "wrongs" more than the "rights". And every casualty on both sides just increases the hate. You will never ever get all the terrorists but you will suspect more and more to really be terrorists. That's a very bad way to think about your own population. The price has to be borne not by the adminstration but the people in the streets. Can that be worth it?

Whatever will happen
but it seems the next break-down will be thoughly. Never before in history 4 very large blocks are eligible for a break down.

The four are

  • Europe
  • USA
  • Japan
  • China

This break down itself is for about 1.1 + 0.32 + 0.35 + 0.12 = 1.89... Or around 2 billions of men. You can bet it will influence the other 5-5.2 billions very massively too. Unfortunatly this blocks are the ones with quite advanced economies, and mor then enough weapans to kill all the inhabitants of earth quite a few times.

Never ever before in history such "break-down" has taken place (just because of the lack of masses) and it all comes back to one base fact. The Fiat-money system and fractional reserve. The debts never ever would have gone astray with a money as value and "democratic" counties. You can see what democracy really buys you and only those who think there could be a good reign can be surprised. Our whole system of corporatism and oppression of productives has done all this harm.

And everywhere men are too stupid so recognise it...

It is never enough
money for all the promises of the deledefs.

There was the story that 17 billions for cypress would be enough. Even in this 17 billions 11 billion of new debts were "planned". Aside from that the disappropriation of the bank account owners took place.

Now another 6 billion are needed. And even here it's forseeable that it won't be enough. If we take some figures, then the bank in cypress should have 68 billon as assets. Now they had ot bear the EC inflicted loss of greek bonds, which mad them tumble. Anyway let's assume the sell-off price would be 34 billions, with the now 23 billions new debts (BTW that are around 24 000 € /each inhabitant of cypress) we are still 9 billions short on money.

And even with 34 billions, it won't be enough. Because now the economy will shrink at least of or around 30 to 50 %. Let us assume, that the Debt/GDB ratio with the 11 billions would be 100 %. That means cypress produces 11 billons and will shrink (in the best case) to around 7 billions. And let us also assume my figures from above are somewhat right. Then the debt will raise to 32 billons and so will go up to 32 / 7 457 %. Can you imagine that?

If anyone wants to make you believe cypress is saved, you simple can laugh at him. It's a lie from the begin to the end. It's the deledefs way...

Be prepared
to hear and read astonishing figures about the EU in April. It's "budget" time. The states have to report to the EU about their goings.

And so we'll learn the declinations for "to cheat"

I will be very curious on how small the deficits may get. I' guess they won't dare to report surplused, but maybe they will (without regarding interest payments) But well I guess you US cititzens know what I'm talking about.

Be prepared
to hear and read astonishing figures about the EU in April. It's "budget" time. The states have to report to the EU about their goings.

And so we'll learn the declinations for "to cheat"

I will be very curious on how small the deficits may get. I' guess they won't dare to report surplused, but maybe they will (without regarding interest payments) But well I guess you US cititzens know what I'm talking about.

Before it's getting better
it will get much worse.

That's an unfortunate truth about the end of an epoch. The mercantilism systems will break down. We do not know when, we do not know how, but we do know: The end will come.

You can see the writings on the wall. An Euro is not a Euro any more it very much depends on where you have it. Do you own it overseas it's kind of money, you own it in Germany it's kind of money you own it in cypress and it's well another kind of money. You own the Euro as US-citizen -> you can buy whatever you heart desired. You own it in Germany -> you can buy whatever you heart desires. you own it in Cypress and you can't get youre hands on it even if it's yours. Assume you want to buy a car. In Germany you go to the next car dealer and count down the money. In Cypress you go to you car dealer, then you have to fill out application, and then according to the mood of the national bank of cypress or ECB you may or may not get YOUR money ot buy the car.

So in fact the Euro is non existant any more. It' s now a convertible Euro and an inconvertibel Euro. It depens where you are. That's the same as if you had two different currencies. So in fact the Euro system is broken, and because of the possibility of the "cypress" solution in other countries it won't come back. It's now a question on how long the deledefs will be able to disappropriate bank account holders before, the money just will be gone.

Every soldier in Germany at the End of world war two has to see: Is it time to stop yet? If you'd stopped too ealier, the nazi government would kill you. You stop too late and the last bullet of the war may have hit you.. The arbitrariness was the highest at the end of the 1000 jährigem Reich...

And still there is no relief in sight, the state wil be resurrected and many of the old "elites" will be the new one again. That sucks

A system based on defraud
that's our current "currency system". Well in fact it does not even deserve the name currency. It's just some issued paper which is declared to be money. The same could be done with poo. I guess poo will hardly make it into "money" but it's even more real then funny colored papers.

Currency is undeserved because it's just an IOY, That means you may get something for it, but just as long as one accepts it as having some value. Which easily was destroyed more then once in the past. poo will be the "better" money. You can exchange it with food from a nursery. If you have your own piece of land it will server you much better than "the current money".

And still they even do rob this figures from the banks. That's the cypress deal... And it will struck down Cypress as sure as whatever.... I suggest you visit Cypress now and then again in 5 years you'll see what desparation makes out of a country. Those being able to leave will leave and those living behind will learn the meaning of poverty. They will be happy again to have their piece of garden for their most urgent feeding needs. And just the payments from out-of-the-land, will keep them afloat. That's the result of ECB and EC. They have destroyed the lives of so many, but won't see the invoice. The invoice goes to the European tax payer....

You can see the taunting smile of the "leaders". Just hope and prey it will hit them hard this time...