Chinese Communivirus weapon

 

Watch the latest video at foxnews.com

 

The communivirus release walks and quacks like a biological weapons attack on the relatively free world. As the State of Missouri sues the Chinese Communist party(link), a real Chinese scientist has finally stepped up to the plate and is revealing what she knows about the deliberate tailoring and release of this modified virus weapon. The same sort of corporate cowardice that abetted the crippling of the U.S. nuclear energy industry now seeks to shut her up. THIS is one of the protesters the Libertarian Party should be supporting–not Jim Jones socialist racial collectivism.(link

I fully expect–and will bet money–that EVERY climate “science” impersonator, including Jane Fonda (link)–will absolutely deny the virologist’s report and call the lady a liar while struggling to keep a straight face. Since 1977 I have followed the documendacities and lies spread by scientist impersonators denying that nuclear electricity plants produce more Gigawatt-hours of electrical current per injury, death or disability than ANY other electrical energy production method.(link) This means that every time superstitious fears are invoked to block a reactor, that act creates a health hazard by forcing folks to use some more hazardous plant or freeze in the dark.(link) Many people are injured by this dishonest maneuvering, whereas life expectancy is increased whenever nuclear engineers are free to do their work unmolested.  

Communist coercion loose in the banking system

FATF President 2020

Keep in mind that the Financial Action Task Force–a predatory mechanism designed to cripple economic development–is now completely under the control of the Communist Party of China. The crash in February occurred during that body’s Paris meeting. 

Nothing to see here folks...

FATF meets in Paris, economic collapse

 After witnessing 43 years of plausible deniability in sabotage by agents of the looter persuasion, this virologist’s revelation comes not as a surprise, but as a long-awaited act of courage by someone with the technical competence and courage to expose treachery. Jo Nova is also reporting on this new information. (link) and (link)

May Dr. Li-Meng Yan and Libertarian Candidate Jo Jorgensen live long and prosper. 

She's with Us!

She’s with Us!

Brazilian Sci-fi from 1926 featuring the usual beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)

Three dollars on Amazon Kindle

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

 

 

Libertarians against Crash and Depressions

 

Since 1998 I have shown that Prohibition enforcement–telling people at gunpoint what they may consume–caused the Crash and Great Depression. It is also the cause of most organized crime and cowardly ambushes of citizens by police and vice-versa. Voting Libertarian is your chance to save the economy from prohibition related depressions as in 1907, 1920, 1929, 1969, 1987 and 2008–not to mention the Flash Crashes. It is also the best way to keep your kids from being shot by men with guns acting on behalf of dangerous zealots inflamed with pseudoscientific beliefs. 

Republicans crash the economy by sending goons to confiscate homes, autos, bank accounts, brokerage accounts, life savings, aircraft and equipment. This causes money to disappear from the fractional-reserve banking system, and brings liquidity crunches, bankruptcies, stock crashes, recessions and unemployment. It also undermines the value of private retirement accounts. 

Democrats help Republicans do all of the above harm to the economy, and also to casually murder young people–especially young brown people–while importing the failed communist and national socialist policies that impoverish and kill people wherever they gain a foothold. Democrat-controlled cities resemble Venezuela and Cuba, Angola, Bangladesh, Mozambique, Syria and Togo. Democrat efforts to make demonize electric power and man industry are no less superstitious than Republican coercive exorcism of plant leaves as avatars of Satan. Helping either gang of looters is self-destructive and wrong. Setting them an example, and letting them lose by ignoring it is a teaching experience. 

The 2020 Republican and Democrat platforms STILL call for men with guns to rob, jail and shoot kids over plant leaves. 

Here are the Libertarian vote share percentages for the 2000, 2004, 2008, 2012 and 2016 elections now increasing at a slope of 1.2 or 50 degrees. This logistic replacement curve indicates we are on track to secure eleven million votes this presidential election. This will also upset many down-ballot races by upending the more violent candidates in favor of less cruel, better-educated and less fanatical replacement officeholders.  

Libertarian vote growth

Are you surprised to learn how prohibitionism wrecks the economy? Buy my book, Prohibition and The Crash, for a month-by-month examination of how President Hoover’s enforcement of the Volstead Act and Jones Five and Ten Law crushed the U.S. economy and damaged other nations.

ProhicrashAmazon

Prohibition and The Crash, on Amazon Kindle

A simultaneous interpreter has to think outside the box in order to mediate between cultures, concept and languages. Get in touch for translation or interpreting.

pidotcom

 

Sue for Peace!

Spoiler vote clout

A Klanboy and His Dog, 1960

The abject terror with which both halves of the force-initiating kleptocracy now face each other is an opportunity not to be missed.(link) In one fell swoop, every voter with any capacity for independent thought can multiply a single ballot’s clout into a Sword of Damocles.(link) The beautiful part is that each libertarian spoiler vote’s sword can, with Solomonic impassivity, force all champions of the initiation of force in violation of individual rights to sue for peace by changing their platform demands and repealing their victimless “crime” laws.(link) Why not make the looters Sue for Peace on Drugs?

Hockey stick for Libertarians!

Libertarian vote share model predicts 9.2 million presidential LP votes in 2020.

Republican Richard Nixon added a War on Drugs to the War on the Vietnamese, the War on Poverty and the War on Women. Nixon’s Moral Majority televangelism deftly purchased the cooperation of the looter media via the Nixon Anti-Libertarian Law, then co-opted George Wallace’s Ku-Klux Kollectivist demands and parlayed them into the Republican Gentlemen’s Agreement to break up the Solid South.(link)

Teddy the Chappaquiddick Quitter

Democrats STILL favored Wallace’s racial collectivism in 1974!

By this mechanism (and some gunfire), Eugenic pseudoscience again became law and prisons filled with nonviolent hippies, black and brown folks, all thanks to the transubstantiation of victimless trade into imaginary crime.(link) Pregnant women nevertheless managed to escape religious fascism’s trap thanks to the Supreme Court’s adoption of a 1972 Libertarian plank into its Roe v. Wade decision.(link)

Democratic party communists promptly adopted the “War on X” concept in more garbled terms. “No Justice, No Peace” is another demand to surrender to communism no different from the “Freeze” movement disemboweled by the Second Amendment. “Just say No” (or be arrested) was a Biden favorite. “Black Lives Matter” is the same appeal to racial collectivism as “Saving American Lives” is an exploit of nationalism used to mask the identities of government-backed killers.

Change accelerates with integrity

Logistics replacement curves describe choices that change(link)

But now that BOTH the GOP and Dems favor men with guns shooting kids over plant leaves, and asset-forfeiture confiscations of homes, vehicles and bank accounts of innocent people, the stupidest thing anyone can do is vote for either party’s candidates. Republican asset-forfeiture as exorcism of Satan will ruin the economy even faster than the creeping communism favored by the Dems.(link) After that it guarantees they will win the post-Crash elections just as Dems won from 1932 to 1948. 

Fascist altruism or communist altruism?

This false alternative happened when Germans abandoned freedom

Listen to what they say about each other and it hasn’t changed. For the last eleven campaigns both looter parties have struggled to ignore the Libertarian party and sworn the other would destroy America.(link) Suckers and cowards repeat this endlessly–even fake libertarians.(link) Vote for the superstitious initiation of force to save us from the communist atheist initiation of force was what Von Mises, among others, intimated to help elect Hitler.(link) A looter vote says only that another cowardly 0.00000007% of Americans wants to be coerced toward fascism or communism. A Libertarian spoiler vote says 20 times louder: sever that hand from the till! Let the chips fall where they may–I will settle for nothing less than freedom from coercion and full individual rights!(link)

Why be a coward or a sucker when by having some integrity you make twenty times the difference for yourself and your loved ones? Winning is improving your lot. Losing is surrendering to the machine! Make a real choice. 

Brazilian Sci-fi from 1926 featuring the usual beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)

Three dollars on Amazon Kindle

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

Prohibition and spoiler votes

1922-3 no deposits till after nullification of dry laws

US v Sullivan, 1927, income tax looting causes slow, steady withdrawals

Prohibition–the constitutional product of the shotgun wedding of fanatical mysticism, socialist controls and eugenics theories–became reality and a nightmare all at once on the night of January 16th, 1920. Socialist candidate Eugene Debs got nearly a million votes in the showdown between the Dems (who got us into WW1) and God’s Own Prohibitionists (who insisted we stay in the War on Beer). Why? Because in 1916 Debs had said “There is too much prohibition.” 

German stocks crash as heroin export income taxable

Germany exported heroin and had U.S. plants in the 1920s

When the economy collapsed after 6 months of wartime prohibition plus 1 month of Constitutional prohibition, membership in communist organizations promptly doubled. But the Kleptocracy ignored reality in 1920-1923. Prosecutor Willebrandt didn’t, and got the Supreme Court to squelch the 4th and 5th Amendments and declare evidence from tax returns admissible for prohibition and evasion liability in mid-May of 1927. German stocks immediately went sour. Neither entrenched party published a repeal or modification plank, and in 1928, Dry Hope Hoover beat Whiskey Al Smith 5 to 1. The small looter parties were obviously no help to freedom–their platforms called for coercion. 

The Increased Penalties Act foisted onto Hoover destroyed the economy when ex-prosecutor Willebrandt (yes, the same lady) explained in over 20 nationally syndicated papers how income tax asset forfeiture would be used to enforce Prohibition laws. Federal Reserve bank balances also began dropping as soon as Willebrandt got the Supreme Court to scrap the Bill of Rights and use the income tax–copied from Karl’s Manifesto of 1848–to enforce prohibition. 

No surprise here. The addition of that same communist manifesto plank to a tariff bill in 1894–in violation of the Constitutional prohibition of capitation taxes–so completely destroyed the economy that the Supreme Court had to strike it down the following year in order to have banks at which to cash their own paychecks. When was the last time you saw or hear tell of this partially concealed newspaper story?

1 in 1000 blurred illegible

Druggan, Lake Indicted by U.S. as Tax Dodgers 14MAR1928–Markets panic

Moreover, the income-tax-as-bludgeon decision in US v Sullivan immediately coincided with a German bourse crash, while French stock exchanges also began falling for years to come. Markets went haywire when Druggan and Lake were grabbed by Internal Revenuers mid-March, 1928. The Liberal Party formed in 1930, drew up a wet plank which the Dems accepted with tears of gratitude, then won five consecutive elections while battling the National Socialist government Hoover’s 1931 Moratorium foisted onto Germany.

The outcome of that election was FDR beat Dry Hope Hoover 11 to 1, but the collapsing economy–officially unexplained–had opened the floodgates increasing communist party growth in These United States by a factor of ten by the time Ayn Rand formulated the Non-Aggression Agreement. 

Only by keeping the American people confused about Prohibition and The Crash have the subsidized media managed to keep voters mesmerized by subsidized Republicans who deny being fascist and subsidized Democrats who deny being communist. Then again, that’s what the Nixon law of 1971 pays them to do. Understanding how these looters wreck your retirement savings, then voting Libertarian to let them know the jig is up; that’s the road to recovery. Doing the right thing–using your leveraged LP spoiler vote to change bad laws–is winning. It’s your decision. 

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

 

Infiltrator Camouflage

parasite mimesis

Passionfruit caterpillars mimic tendrils to escape detection while ruining crop

Pests, predators, parasites and infiltrators are as quick as their hosts and prey to adapt appearance to purposes. The butterfly caterpillars in the photo are adapted to prey on passionfruit, and their dimensions and coloration mimic passion fruit tendrils. This works among humans as well. Spies, undercover agents, con artists, snipers and even journalists resort to cross-dressing and disguises to facilitate their purposes. 

Communism with training wheels

Fabian Society Socialism

Laws against trade and production engender black markets. When the Libertarian Party was first being established, prohibition agents had for years been cross-dressing as acidheads to infiltrate the hippie community for confiscation, arrests and asset forfeiture seizures. These seizures have since 1920 caused liquidity crises, fractional-reserve banking panics, recessions and depressions. Burglars and bank robbers wear masks for the exact same purposes, but with differing voter approval. What better camouflage for men attracted to young boys than a priest’s robe? And how for over a century have fascist and anarcho-communist fifth columnists infiltrated political parties to alter their platforms and influence choice of candidates? Subtly. This is ordinary newspaper material, no exotic imaginings.(link

Smuggling Communist Manifesto plank 2 into the 16th Amendment of the Constitution was accomplished through camouflage and misdirection. Instead of a communist party openly declaring its intent, post-Reconstruction Granger movements were infiltrated and exploited by a soi-disant Greenback Party whose 1880 platform demanded the exact same income tax as the communists, and won. They did not get their candidate elected. That was never their goal. With less than 3% of the vote on average they got the enslaving tentacle of collectivist coercion wrapped around the Constitution to protect the illegal capitation tax from the Supreme Court meddling that repealed such a tax during the Depression of 1895. By their lights, THAT was winning.(link)

The Libertarian Party is the only ideological enemy of totalitarian collectivist imperialism. Communist dictators control trillions of dollars, and repressive, mixed-economy autocracies (including our own Kleptocracy-dominated government) control additional trillions. Americans are but 5% of the world population; the other 95% favor even more coercion than our own entrenched looter parties. Only 55% of voting age Americans bother to vote, and The Kleptocracy has for years been losing adherents.

Foreign autocracies and native bureaucracies can afford to back whack-job activists unable to infiltrate competent looter parties, and to groom their own infiltrators, make selective donations, talk their way onto the platform committee or inveigle us into backing dead-end candidates. And they would be fools not to, for it is the cheapest method of obstruction out there.

We should certainly expect no less. The federal government doesn’t. Federal employees piss into sample cups and have their hair clipped over plant leaves. Federal employees too libertarian to submit to such indignities were fired back in 1987. Notices to that effect coincided with a major stock market crash as Biden and Reagan-Bush pushed mandatory minimums and asset forfeiture laws through Congress, amid grandstanding demands for death sentence execution of prohibition violators. The Kleptocracy uses security clearances for all sorts of reasons.  

More: Prohibition and The Crash is live on Amazon Kindle for the cost of a chilly pint of craft beer.

ProhicrashAmazon

Prohibition and The Crash, on Amazon Kindle

simultaneous interpreting

Germ warfare and China

Germ War Genocide prophet

Socialist lecturer 1907

The current viral pandemic looks a little like the bacteriological war designed by an American communist. The story dates back to the battered, bowed and bloodied Quing Dynasty, a few years before the 1911 revolution.(link) It was written before the Celestials were invaded by Japan, then later degenerated into a socialist dictatorship. The American communist was Jack London, author of Alaskan Wolf and Dog stories of the gold rush days, stories our parents were pleased to see us devour in childhood. London was an admirer of all variants of “the German philosophy” and bore bitter hatred for merciless, remorseless laissez faire. Nothing less than the initiation of deadly force made any sense to that socialist orator and author.

Comrade Jack London revealed to a surprised America that “The Japanese is not an individualist.” This in The Yellow Peril, written back when racial collectivism was completely fashionable–at least among the pukka sahib.(link) Our eugenicist Republican President had opined that American women were duty-bound to reproduce. To think otherwise, according to Theodore Roosevelt, was “race suicide.” (link)  

The Unparalleled Invasion was written shortly after The Yellow Peril. In it “all countries” attack a relatively peaceful China with germ warfare agents. The story was written as sci-fi predicting the distant future year 1976. So if the Chinese controlled the World Health Organization and took over FATF to wreck the banking system as a bioweapons attack kicked in, they got the idea from America’s own Wild Dog looter.(link) Go to gutenberg.org and find Jack London’s The Strength of The Strong, where the story starts on page 60.(link)

Jack London prediction realized

1932 cartoon matches Jack London’s 1904 predictions

Jack London was one with the prohibitionist communists urging passage of the income tax, prohibition and proletarian Senate election Amendments. Objectivists may feel a sense of schadenfreude to learn that the author of “Love of Life,” supposedly committed suicide in 1916; his half-brother Louis London was said by police to have shot himself in suicide in January of 1965. (link

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

ANTIFA 1923

Same old same old...

Fascist socialism versus less religious socialism

Here we have a perfect example of history rhyming. The article could pass for something published in today’s fake news press in the State of Washington or Oregon. The story is in the future tense. One gang of violent altruists promises to “ferret out” agitators no less altruistic and violent. Details are not explicit, but interwar papers were full of violent confrontations between these two camps of socialist thought, both of which agree on the desirability and effectiveness of the initiation of force.(link

So what progress have we made since 1923? Eugenic prohibitionism no longer shoots people over beer unless they are behind the wheel. Many plant leaves could, if again left alone, offer an alternative to alcohol now relied on as a source of excise tax money that buys votes for political parties. Roving bands of communists (relabeled as anarchists) today seek smaller bands of more pious socialists to bat and bully, as in 1923.(link

The only real difference is that since 1972 voters have at times been able to cast ballots for the Libertarian Party. Because the LP platform calls for reducing reliance on aggression, emphasizing individual rights instead, those votes pressure kleptocracy parties into making their platform planks less coercive. The net result is repeated defeat of the more violent of two looter candidates. This causes predatory politicians to repeal cruel laws and water down violent platform planks in hopes of poaching away enough libertarian spoiler votes to again point a gun at your head.(link)

The chart below shows communist party membership in the wake of two prohibition-related depressions. Prohibition crashed the economy in 1920, was nullified by buying off and shooting agents (hence the recovery), then returned with flaming fanaticism after the Klan defected and helped elect the Republican party in 1928.(link)

Looting begets Looters

Communist membership rose after Republican prohibitionism causes a recession. Now it’s LP membership that rises whenever looter fanaticism wrecks the economy.

In a larger context, the same policy changes should reduce the reliance by subsidized parties on asset-forfeiture prohibitionism and economy-wrecking confiscation policies. This is because voters are now running to the Libertarian Party. Back in 1923 their only alternative to the entrenched kleptocracy was some sort of communo-socialist party.(link

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

German Libertarian in English

English, German and Dutch are in the same family of languages. See Naomi in German (link)
Welcome to the world of people who not only think, but do it in two languages!

Finally! Germany is waking up to alternatives to genocidal national versus international socialism and noticing other parts of the Venn Diagram and Nolan Chart.

Since 1972 the Libertarian Party has advocated for repealing cruel laws passed by religious fanatics to torture and criminalize gays. We also advocate abolition of coercive manipulation of fuel markets to cater to imaginary energy hobgoblins created by collectivist pseudoscience. Girl-bullying conservatives are trying to claim Naomi, but she self-identifies as libertarian in her own words.(link)

This hasn’t stopped ecological national socialists and watermelon greens from flinging innuendo to paint the youngster as a brainwashed religious zealot eager to join male Landover Baptists to deny individual rights to women. Washington Post fake news seeks to depict the libertarian lady as a racial collectivist. Both character assassination attempts have been pitiful and dodge the issue of what thermometers have to say about temperature trends.(link)

Conservatives have men point service pistols at doctors and pregnant women.(link) This they justify with mystical and race-suicide claptrap.(link) They also seek to have uniformed police and plainclothes criminal shoot people over plant leaves, and they believe the world is warming when thermometers say it isn’t.(link)

Interestingly, Naomi self-identifies as Libertarian on a number of different videos, but pulpit-thumping, girl-bullying, doctor-shooting conservatives insist on hearing “conservative” every time she says “libertarian.” Why? 

“Beware of altruism. It is based on self-deception, the root of all evil.” –Robert A. Heinlein

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

Republican crashes bring communism

Stocks crash, sugar price up 600%

Normal sugar price was 4 cents, cartoon is first day of Volstead Act

The Republican party, like its foster-child party in 1933 Germany, bragged that it is preferable to communism. But what if prohibitionist Republican policies actually increase communism by causing economic panics, crashes, depressions and collapse?(link

Disloyalty a crime since 1873 Comstock laws

Prohibition January 1920, Reds and Rights confront National Socialist sedition laws, markets crashing

The mechanism is simple enough. Politicians stirred into frenzy by braying evangelizers pass prohibition laws people ignore. To these are added the “teeth” of asset-forfeiture confiscation and huge fines and prison terms. All money flees the banks and brokerages to escape the inevitable fractional-reserve system liquidity crunch, failures and bankruptcies. Violence replaces rights and soon everyone is as poor as in a communist dictatorship. With nothing to lose, folks begin voting for communist and similar looter parties.(link)

Below shows how communist party membership increased after the 1920-22 Crash and Depression, then Whole Enchilada Crash. Observe that the numbers shrank after general nullification made those laws unenforceable in 1923-4, then shot up as the Jones Five and Ten law and asset-forfeiture imposed huge losses and liabilities on corn sugar and yeast plants and their “gangster” surrogates producing moonshine ethanol.(link)

Crashes increase communist party membership

Red ranks increase from Harding-Coolidge 1920 Crash, then explode beginning 1930 under GOP’s Herb Hoover

As soon as the Volstead Act became enforceable at gunpoint the night of January 16th, 1920, stock markets began to wobble. Instead of prosperity and freedom, markets crashed and jails filled up. Nullification saved the day as armed citizens exchanged gunfire with dry killers.(link) This is from the communist party page, where you can see large, interactive charts.(link) Here is how a less wrecked economy allows entrenched kleptocracy parties to rob without fear of 3rd-party competition. This is before the Bush asset forfeiture Crash of 2008: 

Between asset-forfeiture crashes

1992 was when Bush Daddy was fired after wrecking the economy with Nancy Reagan policies.

Once fanaticism overcame nullification with the 5 and 10 Law and the Willebrandt income-tax-forfeiture agenda, the economy toppled as of September 1929 and looter parties multiplied like flies on a battlefield. Corn Products Refining and Fleischmann’s Yeast, whose products replaced banned distilleries, breweries and bars, were both indicted and fined, and their empires additionally threatened with state income tax forfeitures.

The power behind Capone in Cicero

Add yeast and distill, or add yeast, powdered malt and brew

So voting for Bernie communism makes These States more communistic, true. But voting for faith-based national socialism to destroy the economy with forfeiture-fired pseudoscientific witchhunts raises communist/surrogate memberships MUCH faster because that’s what happens in a wrecked economy. Here is how Americans came to their senses on this and voted after the George Waffen Bush asset-forfeiture crash cost them half their retirement savings:

Pro-choice Gary Johnson got 4.5 million votes

Libertarians get 4.5 million pro-choice votes, increasing at 80% per year and repealing bad laws after 1980 GOP Crash

Either way you look at wasting your valuable vote you lose freedom, because communo-fascist variants of socialism are the same thing. Voting Libertarian jerks the rug out from under looter corruption AND repeals their idiot laws to boot with very large effective leverage.(link

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog

FATF Crashes Stock Market again!

Nothing to see here folks...

This happened during FATF week in Paris: an orgy of international asset-forfeiture plunder planning! (Source: S&P 500)

The market began wobbling February 16, then crashed violently on February 20, the day the Communist News Network began screeching and wailing about a not-really communist virus outbreak near a germ lab. So what else was happening on those days in places like… Paris? Here’s a taste: 

“FATF Week, 16-21 February 2020. On Sunday 16 February, more than 800 representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank and other organisations, will arrive for FATF Week in Paris, France…”(link)

So what is FATF? It is the Harry Anslinger-Herbert Hoover-Richard Nixon-Bush-Bush asset-forfeiture Crash and Great Depression machine. Remember Milton Friedman in Free to Choose? In a fractional-reserve banking system, the money you deposit exists in several places as the clearing-houses compensate the instruments of money transfer. Finally it is loaned out at interest, so a lot of it is no longer at the bank.

So when federal agents with guns and blanket John Doe or Unnamed Asset warrants shove their way inside to grab cash and securities, other depositors can see the liquidity crunch coming and withdraw their assets. This reverses the leveraging of assets which–absent tax and prohibition raids–increases the money supply. The reversing result is mass bankruptcies and devaluation of assets.

Here’s what went on in Paris just before the crash: (link) Sound farfetched? Read their glossary: 

The term confiscation, which includes forfeiture where applicable, means the permanent deprivation of funds or other assets by order of a competent authority or a court. Confiscation or forfeiture takes place through a judicial or administrative procedure that transfers the ownership of specified funds or other assets to be transferred to the State. In this case, the person(s) or entity(ies) that held an interest in the specified funds or other assets at the time of the confiscation or forfeiture loses all rights, in principle, to the confiscated or forfeited funds or other assets. 

FATF was formed as soon as the Reagan-Bush-Biden prohibitionist asset-forfeiture crash deepened into a really bad recession with stock losses and unemployment. They admit this: 

The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The mandate of the FATF is to set standards and to promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and the financing of proliferation, and other related threats to the integrity of the international financial system. In collaboration with other international stakeholders, the FATF also works to identify national-level vulnerabilities with the aim of protecting the international financial system from misuse.

Pretty shadowy and swampy, huh? And if this thing does wreck economies, who can be held accountable? Who would admit the obvious facts? How would you claim damages?

This sort of thing also happened in 1907, mainly due to new federal regulation of food & drugs and State bans on Beelzebubba’s Beer and The Demon Rum. It happened again in 1921, but was covered up by nullification, then returned with a vengeance in 1929, after Mabel Willebrandt explained, that August, what was going on on “The Inside of Prohibition,” in 20 national papers. Accelerating stock depreciation set in and investors dumped assets…

The banking panics of the Great Depression kept pace with federal indictments of yeast and glucose companies and confiscation of assets plus heavy fines measured in pounds of gold bullion–while the Coast Guard and Customs seized huge shipments of heroin that was steadily replacing beer. The federal government feigns bovine incomprehension of all this causality. 

Government spin-doctors also disavow any knowledge that the Reagan-Bush-Biden asset-forfeiture craze of 1987 had anything to do with that recession, and play dumb in sworn testimony and thick reports on the Flash Crashes. Here’s the latest one, with “market crash”, “financial collapse”, and “economic recession” nowhere to be seen.(link) Here’s a foretaste of Knife-Your-Customer snitching: 

A. CUSTOMER DUE DILIGENCE AND TIPPING-OFF.
1. If, during the establishment or course of the customer relationship, or when conducting occasional transactions, a financial institution suspects that transactions relate to money laundering or terrorist financing, then the institution should:
  (a) normally seek to identify and verify the identity of the customer and the beneficial owner, whether permanent or occasional, and irrespective of any exemption or any designated threshold that might otherwise apply; and
  (b) make a suspicious transaction report (STR) to the financial intelligence unit (FIU), in accordance with Recommendation 20.
2. Recommendation 21 prohibits financial institutions, their directors, officers and employees from disclosing the fact that an STR or related information is being reported to the FIU. A risk exists that customers could be unintentionally tipped off when the financial institution is seeking to perform its customer due diligence (CDD) obligations in these circumstances. The customer’s awareness of a possible STR or investigation could compromise future efforts to investigate the suspected money laundering or terrorist financing operation.
3. Therefore, if financial institutions form a suspicion that transactions relate to money laundering or terrorist financing, they should take into account the risk of tipping-off when performing the CDD process. If the institution reasonably believes that performing the CDD process will tip-off the customer or potential customer, it may choose not to pursue that process, and should file an STR. Institutions should ensure that their employees are aware of, and sensitive to, these issues when conducting CDD. 

Nice friendly stuff, eh? But hey, what’s another global economic crash compared with a convenient flu outbreak generating fewer fatalities than U.S. auto accidents for the same timeframe? This coming recession could easily eliminate the memory loss that sets in after each new crash and depression is explained away. Libertarian candidates could explain to voters what happens time after time, and I’ll lay odds someone will listen

Ignore it and it'll go away...

FATF Bush Crash, Obama Dems win 8 years. FATF Trump-Biden Crash?? (link)

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

Brazilian blog