JDH Weekly Commentary

[Beginner]

JDH,

Everything in your editorial is valid and true, up to a point.  However, the problem goes even deeper.  Whereas we ourselves may look in the mirror and see the government I, for one, refuse to recognize myself as the government.  I refuse to take responsibility for what is happening in the world.  I am convinced that everything that is happening in the world is going according to plan, but it is not my plan.

There must be a secret government of world leaders out there and they control and direct history.  These world leaders are idealists, dreamers, visionaries, call them Bilderberg, G-20, New World Order, the Elite,  or whatever.  They are always there, behind the scenes, these world leaders and big businessmen, trans-nationals and multinationals, and they have their esoteric historical goals and they control and direct history.  They believe in the survival of the fittest and they obviously consider themselves to be the fittest.

Our beloved world leaders, those who hold the power and the glory, they may have decided that the world needs a catharsis, a cleansing, a detoxification, a good shaking up and down, a total re-orientation, and the way to do that is to have a wonderful world economic and financial crisis.  The young and the not-so-young are without jobs, many people are without homes, some are without sufficient food, and when the pension funds and social security collapse there will be even more suffering.  After all that another world war might be added to the mix, just for good measure.

Meanwhile, the dollar is in a state of decline as a policy move to inflate away US debt.  To speak of “a policy move” implies direction and control over a declining and diminishing dollar, but it is an unspoken and unwritten “policy move”.  It is an implied “policy move”.  The US debt is so enormous it can never be repaid.  So it has to be devalued.  That is the only viable solution, apart from default, to the enormous debt problem.  When the value of the dollar is down to almost zero then the national debt will be down to almost zero.   Then a new currency without any debts will be declared and a new era of history will commence.  But first we have to go through the purgation, the cleansing.

The European and US governments are bankrupt.  Many other countries around the world are also bankrupt or close to bankruptcy.  The governments want the banks to be saved from bankruptcy by making the tax-payers rescue the bankrupt banks.  That means turning huge populations into serfs, their children into serfs and maybe their grandchildren into serfs.  This is turning the clock back!  The age of serfs is gone!

There is another very simple solution.  That is for the bankrupt governments and bankrupt banks to declare bankruptcy and to take responsibility for their bankruptcy.  The whole world should default on their national debts, not only Europe and the US.  Then the whole world can start afresh with a clean slate.  Let them all fail, banks and governments.  Why should the tax-payer bail them out?

All these debt problems have been caused by Big Government.  So we have to cut back on Big Government.  He governs best who governs least, says Lord Acton.  And that was several centuries ago.  Now we have huge monstrous governments that get deeper and deeper into debt until they collapse under their own weight.  There has to be a drastic cut-back on the scope of government.  Away with humiliating socialism and bureaucracy!  Give people enough salary to pay their own way without being beholden to the humiliation of government handouts. Let us recover our human dignity! Let us not be servile to the State!  It is not beyond the ingenuity of economists to devise a simpler economic system that is  more basic instead of a “crisis economics” of booms and slumps and welfare schemes and warfare schemes that is fit only for a world in a continuous world revolutionary crisis.  Away with the revolutionaries!  We want peace and plenty!
 
The thing about defaulting on debt is that we have to remember that the real wealth in the world still exists.  There are the buildings and technologies and skills that people have and that does not vanish.  It just changes ownership.

Meanwhile good luck to everyone and continue to buy-high-and-sell-higher!


 

[JDH]

I completely agree that a cleansing, a bankruptcy, is the only solution.  If a person or a corporation has too much debt, they go bankrupt.  That's the only solution.

However, I don't see any world leaders with the guts to say that a default is our only option.  Instead, we get bailout after bailout, QE1 followed by QE2, and so on.

I would like to think that you are correct, that there is a cabal of leaders pulling all of the strings in the background in an attempt to get all of the wealth for themselves.  If so, they don't appear to be particularly competent.  Is the mess they have created the only way they could think of to steal wealth?

I prefer the more obvious explanation: to get elected you promise "all gain, no pain".  Free healthcare, education, etc., and we will "tax the rich" to pay for it.  It's not nefarious; it's just ego-maniacal incompetence.

[sunseeker]

Why the World is Messed Up
by JDH on November 19, 2011

I'll add to what JDH and Beginner have said.......

http://www.shtfplan.com/headline-news/this-high-school-valedictorian-will-blow-you-away_09192011

“Graduating high school seniors that have even the slightest hint of the reality of what is happening in the world around them are few and far between. At least one, Erica Goldson, valedictorian of Coxsackie-Athens High School, has figured it out.”

It would be no exaggeration to say that when I was at school I was rubbish at maths.
I left school without any qualifications. Gradually younger people came into the work place and despite their armful of qualifications I still felt I was more intelligent. I started work at 7:30 am and after work I went to straight college and got home about 10pm (two days a week, and lots of homework). After 2 years I had passed all of my exams and gained 3 degrees all with distinctions (Fail, Pass, Merit, Credit, Distinction).
One of which was mathematics!!!!!

 I could never have achieved that when I was at school for the following reasons:-
When I was at school the only calculator I ever saw was an Abacus.  

They let you use calculators in class and also in final the exam (They probably let you use a PC/internet now).
You'd have flunked an exam for cheating if you where caught with any aid when I was at school.

There are some multiple choice questions.
No such thing then.

You could get every answer wrong and still pass an exam because they give you marks for showing your working out (method).
If the answer was wrong when I was at school it was wrong. No marks for effort. Nil points.

Getting a qualification is now a breeze (even to an innumerate and/or a illiterate individual).

The only people who got to university (or even college) in my day were the crème de la crème.

Now nearly everyone goes, and they all come out with good qualifications.

Let me just have a word about monetarism and monetary control first. You all know full well that if you produce too much of something its value will fall; that's elementary. It isn't a new fangled theory; it is as essential as the law of gravity and you can't avoid it."
          Margaret Thatcher, 1980.

Many of them probably only know what they know by rote, and therefore haven't a clue how to use that knowledge for practical purposes. Many also think that they've reached the pinnacle of achievement, a good highly paid job will fall into their lap, and they can relax. Let's face it by the time that most of this generation have left full time education, and got a job there's no work in them (25 to 30 or later). I did a short course once and the starting time had to be put back to 10:30AM because the younger element said 9AM was too early to start. Some fell asleep in the afternoon lessons, or/and needed to consume copious amounts of Redbull at regular intervals.

Besides what passes as knowledge these days seems to be about celebrity culture anyway (Who is in what film, the names of someone's children/wife/husband/partner, who's slept with who etc..).



Finally

http://www.telegraph.co.uk/news/uknews/8837768/Britons-are-lazy-and-addicted-to-benefits-China-claims.html

Jin Liqun, chairman of China Investment Corporation (CIC), the nation's sovereign wealth fund, warned that Europeans should "work a bit harder" if they want to pull the eurozone out of recession.

He said people in the West are too reliant on welfare payments and the benefits system, looking for external solutions to the debt crisis rather than tackling the problem from within.

Mr Jin also said the long-term economic slide could only be solved by amending the restrictive labour laws that mean Western workers are unable to compete in global markets.

ATB  

[Beginner]

Let me clarify my statements by saying that our world leaders are not seeking, as their primary goal of history, to become richer and richer.  Most of them are already saturated with wealth.  Their historical goal is something far more spiritual, perhaps even to prove the godhead of man, the deity of man, the divinity of man.  Could we then say that the meaning of history is the attempt of man to see himself as god or god-becoming?

Also allow me to explain a little about my background.  I am Irish.  For 800 years Ireland came under British rule and was none the worse for that until Henry VIII decided to shake off Rome and become Head of the Church in England.  Instead of siding with Henry VIII, Ireland chose to remain with Rome.  That was when the troubles in Ireland started.  Then, when Freemasonry came from the French Revolution to England and to Ireland, the history of Ireland became a history of resistance to government by Freemasonry, and during the centuries of Masonry in Ireland the Church was banned and went underground and the Irish people were dispossessed of their land which was given to settlers from England and Scotland.  Ireland was to be the farmyard of England and the Irish their serfs.  The history of Ireland under Masonry is one of the blackest pages in English history.  Not that the poor people in England were any better treated by their masters than the Irish were, what with women and children working in the coalmines and so on.  Life in those days was nasty brutish and short.

Thus I was led to study Masonry but not inside the lodge, but outside.  Freemasonry has 33 degrees of knowledge and understanding (33 because Christ’s life was 33 years).  The 33rd degree, which very few attain to, states that yes, Jesus is God, but so are we all.  We are all Jesus Christs.  The Grand Architect of the Universe is none other than man.  Masonry is a pantheistic religion that identifies God with the universe and man is the highest known manifestation of nature so man is god or god-becoming.

Nowadays Masonry no longer has much significance in politics simply because what was once whispered in the lodges is now shouted from the rooftops and sometimes even preached from the pulpits.  There is this now almost universal idea that there is no God.  Even so, not much publicity is given to the Masonic idea that history is the attempt of man to see himself as god or god-becoming (after man has conquered all the mysteries of the universe, conquered time and space, conquered the last enemy, death, and penetrated the mystery of life).  The esoteric goals of history are a rather tall order, to say the least, and are not just about creating a single universal world identity, or attempting to realize world unity and world government.

So we can say that the unification of mankind (one of the goals of history) proceeds at the pace dictated by the strength, at any time, of the messianic will.  In our day and age the messianic will is quite strong and powerful.

But the meaning of history is certainly not about getting richer and richer.  Getting richer and richer may be our goal who are members of an investment club, but it is not the goal of our world leaders.

So Masonry has dwindled in importance because most of those in the upper echelons do not need to be Masons in order to think like Masons or have the values of Masons.  The philosopher Nietzsche echoed  Masonic values when he pronounced the death of God at a time when most of Europe were still church-goers.  Nietzsche regarded Christianity as a religion for the weak.  The strong could do without religion in his estimation.  Nietzsche considered the strong to be “supermen” the new men who would govern and control the world.

So much for the philosophy of our messianic world leaders.  The next and more immediate economic question is how is the US Government going to bring about a devaluation of the dollar?  The devaluation of the dollar is occurring because the US is living beyond its means.  The US can ill afford to maintain some 700 military bases worldwide and be the world’s policeman in these difficult economic times.  When the US Government spends trillions of dollars on QE 1 and QE 2 and possibly on QE 3, they are only increasing the national debt and they are only speeding up the devaluation and collapse of the dollar.

It is not the intention of the Government to steal wealth for themselves.  It is also not the intention of the Government to declare a default on the national debt.  The Government is not looking for easy solutions.  It seems to be deliberately looking for the most difficult solutions, the most long drawn-out solutions, i.e. devaluation of the dollar so as to devalue the national debt and to inflate away the national debt.  This looks to be a long slow drawn-out process that will involve terrible hardship and poverty for the US and for the world.  But at the end of it all the US will still be in charge of history.

The problem the world leaders are facing is a world population of seven  billion that doubles in an ever shorter period of time, a world rapidly running out of raw materials, and an impending world food shortage.  These are the problems confronting world leaders and these are the problems that are affecting all of us directly or indirectly, especially when our purchasing power declines.

   



 

[sunseeker]

Hi Beginner.
Great history lesson.
I worked with a group of Irish during the conflict years. Both protestant and catholic so
I learnt how to stand up for myself, to love Guinness  , and Irish Coffee  .
It was only for six weeks. Any longer and I'd have died of alcholic poisoning. Or worse. The hotel I was going to check into was blown up the day before I was due to check in.

A very good listen........

The warning signs.

The gorilla in the room that most people aren't seeing........

http://www.sovereignman.com/kit/simonaudio.html

What Simon Black says makes sense to me (his goal is of course to get you to sign up for his service).

ATB 

[Beginner]

Hi Sunseeker,  Thanks for the kudos.  Felt a bit guilty hammering on about history on an investment page.  Tried to be brief as possible.  Was waiting for and expecting a blast response so your glowing endorsement all the more appreciated.

The Simon Black story (http://www.sovereignman.com/kit/simonaudio.html) puts a spotlight on a nightmare scenario when all that is taken for granted can no longer be taken for granted.  The uncertainty of the future, when government controls tighten in response to population unrest, with government seizure of private assets and so forth.  We think these things can happen all over the world but not to us.  Now it may be our turn to experience the unimaginable.  And I, for one, am caught paralyzed in the headlights.  Have to admit I have no contingency plans.  Just fear the worst and hope for the best.   Simon Black certainly makes a lot of sense.