Is Freedom Prime?

What brand of socialism for you today?

Three of the four categories are Socialist, hence normal and mainstream by looter standards

The Nolan chart made visible the thing that separates Fabian Socialists from doi-disant “conservatives.” But for good measure it also underscored a crucial point on which Libertarians and Totalitarians agree. I refer to the divisibility of freedom.

Biblical mythology tells of an unelected monarch surrounded by concubines and other women and called upon to settle disputes–such as who a child belongs to. By applying the standard of simplistic egalitarian fairness and offering to sever the kid asunder, he prompted the real mother to realize her child could not be divided and live. Her child was prime, indivisible. Its individual life was to her a value, and in acting on those premises she inadvertently identified herself as the true mother.

The pansy “left” and religious “right” reproach each other for hypocrisy or conflicting premises. But listen closely and you discover they are simply quibbling over how best to chop freedom to pieces. “Both” agree on lack of value, vagueness, equivocation, indecision and cowardice as virtues. Both value altruism, albeit distorted by meaningless modifiers. Both seek to send others (tax gougers, doctor killers, thugs with guns) to threaten, coerce and kill if victims need sacrificing.(link)

Both the lay and mystical looters understand that to impress onlookers with the benefits of yielding to social pressure and intimidation, some must be killed as examples. All in the three squares defining those who seek to divide or destroy freedom are willfully blind to any possible alternative to the initiation of force. They also struggle to evade the fact that there is a third choice. Only by casting a libertarian spoiler vote can you confront them with their own self-deception.(link)

Totalitarian communists and fascists cling tenaciously to the revealed faith that coercion is indivisible–so much so that any talk of watering it down with effete compromise is to them not simply heresy, but actual criminal menacing. To them it goes without saying that the very suggestion that there is something wrong with the initiation of force justifies the initiation of deadly force.(link)

Fascism or socialist communism? What'll it be?

1939: Religious Fascism and Socialist Communism, either-or, no 3rd choice, it CAN happen here


Actual libertarians (not Anarcho-communist infiltrators) are no less convinced that freedom is indivisible. They at best pity the conflicted, indecisive looters-mislabeled-as-liberals and mystical bigots unable to settle on whom to sacrifice first for the common “good.” The fundamental conviction–the one that makes a difference–is what to protect from division: life, reward and freedom? or coercion–which requires aggressive killing in order to be taken seriously enough to intimidate the survivors?

Libertarians (in the top square) seek to protect freedom from division. The bottom square is cluttered with communo-fascist socialists–all of them committed to making coercion total, indivisible, all-encompassing–while they pretend to be in the left and right squares. Inability to decide on divisibility is what clutters the sidewalks with the indecisive left-and-right whose votes elect looter parties to rob us. Please listen closely to what the so-called “left,” “right” and totalitarian looters say about each other, then decide whether to participate in their blood feuds or vote Libertarian.

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

What caused the 16 Feb Crash?

Asset-Forfeiture Looting is not Free trade

Asset-forfeiture is the leper’s bell of an approaching looter.

Type S&P 500 and choose the 6 month index. By running the cursor along the peak of the curve you can tell when the slope of the curve turned negative. That date looks like 19FEB2020. CNN expelled a huge smokescreen on China’s Communo-Virus close to then, but CNN is not of a truthful persuasion. The corporation actually PAYS airports to display its screed on waiting area screens, and nobody had more interest in asset-forfeiture looting than Nixon-law subsidized media looters. So who is next on the list of usual suspects? Whose name appeared on the Flash Crashes of 2008, 2010 and 2015?(link)

Yes, I am talking about the Financial Action Task Force currently tasked with looking into corruption in not-really-communist China. And guess what… see those twin troughs just to the left of February 19? The high point just before the fall-where the slope goes from increasing to decreasing–coincides reasonably with issuance of a Swiss report on how Swiss banks have agreed to FATF-approved Knife Your Customer and similar policies. The report was released, I’d wager, on or about February 17, 2020, judging from the stock prices graph. The FATF is very careful to avoid exact dates unless there are no nearby stock gyrations.(link

FATF reports and such are reportedly released in Month, Year, and surrounded with a smokescreen of obfuscating acronyms. The MER on Switzerland was adopted in October 2016 and at the urging of AML/CFT advisors went through R.2 through R.21 with threshold gaps triggering due diligence requirement adjustments and execution of operations in cases of suspicion. Since the same Swiss whose papers debated U.S. newspapers about wholesaling heroin in February of 1929 are today deemed too naíve to write their own laws, the FATF hands elected representatives AMLAs to sign and pass, and scolding CDBs (a looter code of ethical robbery).(link)

FATF does admit that an OBA-FINMA became enforceable with guns on January 1, 2020, and for the ten-thousandth time dins its message that anyone who would rather not be robbed by tax collectors can only be so anti-social if actually practicing or at least abetting the financing of religious terrorists flying hijacked planes into tall buildings in New York.(link) Everywhere you look, logical disjunction is resorted to to deliver this point subliminally. Any declarative statement, even “two plus two makes four” is still true after some dishonest skunk tacks on a disjunction. Two plus two makes four or five is therefore as logically true a statement as it was before tacking on the cognitive mutilation and repeating it a million times–sad, but true.(link

See their pro-coercion brainwashing movie: Not a Victimless Crime

 

So a preference for keeping your own money means–in FATFspeak–you are morally the same as 1912 balkan Mohammedans or Christians kidnapping, raping and murdering each other, and selling the survivors to the highest bidder.(link) By their lights, this makes you OAD FCT according to the GBCF.(link

You can see how this goo, like the language in the Anti-Drug Abuse Act of 1987-is contrivedly hard to follow or, once grasped, to explain to the innocent. Then again, if your pet policy is guaranteed to wreck the economy that pursues it, clarity is the enemy. 

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.

Live on Amazon Kindle in 2 languages

Brazilian blog

 

White Powder, USA, 1929

The new Republican President never touched liquor before his March, 1929 swearing-in ceremony. Indeed, nearly three decades earlier he palmed off all hospitality cordials on his Chinese interpreter, who sometimes had trouble navigating after Hoover’s visits to hosts.

Peter Lorre movie poster

Chapter 43

White Powder

In New York there was something of a stir when, Superintendent of Banks Warder suddenly resigned his post and was replaced by Joseph A. Broderick. Awkward questions were being raised before a grand jury in connection with the handsome sums Mr. Warder had been receiving quite apart from his salary as a public official. So awkward were the questions and vexing the official secrecy surrounding Mr. Warder’s beneficiary, the failed City Trust bank, that Manufacturers Trust cancelled its planned takeover of the institution. City Trust’s depositors had no such easy way out.[1]

Two federal agents paid a discreet visit to the Hubinger corn sugar plant in Keokuk, Iowa, on February 23, but left with the impression that the plant owners had not grasped the seriousness of the situation. The presence of federal agents at the Hubinger corn sugar factory was not reported, but the sentencing of the former mayor of Herrin to two years at Leavenworth for alcohol was widely covered. On Capitol Hill, the Jones Five and Ten bill passed the House February 28 and became law March 3. Herbert Hoover was inaugurated the following day promising vigorous enforcement of every such law.[2]

The U.S. Embassy in London continued to assemble newspaper clippings on the Naarden narcotics conspiracy and send them to the State Department, while the London Times praised the U.S. government for helping to stamp out opium traffic even as the League of Nations rushed in to claim it’s share of the credit.[3] The grand jury probe ground on and the House voted to investigate federal judge Winslow—with the Senate first horning in on the act, then blocking the investigation entirely.

On the Teapot Dome front, Edward Lawrence Doheney Jr.—the oilman’s son who had allegedly delivered $100,000 to Interior Secretary Albert Fall—was murdered by his personal secretary who immediately shot himself February 16.[4] On the income tax front, beleaguered Staten Island brewer J.J. Dunne was indicted for income tax evasion and former judge Nash Rockwood pled guilty to the same charge.[5] Back of all this lurked the latest round of WWI reparations talks. Germany now sought to blackmail American investors by holding private loans hostage to a reduction in reparations payments awarded to the European Allies.[6]

Excerpted by permission from Prohibition and the Crash by J Henry Phillips

[1] (NY World Almanac 1930 98, 99) (NYT 3/2/29 7)

[2] (Lawrence 1929 97; 119) (Docket 11070 4) (NY World Almanac 1930 100; 1931 358) (Hoover 1929 1974 2-10)

[3] (Taylor 1969 231f) (NYT 2/19/29 2:1; 2/21/29 12)

[4] (NY World Almanac 1930 99)

[5] (NYT 2/21/29 2; 3/3/29 9; 2/27/29 48, 25:2; 3/26/29 33)

[6] (NYT 2/13/29 1, 6; 2/22/29 1)

Then and now, asset forfeiture crashes

1987DJIAAccording to Ronald Reagan, on Thursday, September 11, 1986, lunch with VP George H.W. Bush was followed by a lengthy cabinet meeting over proposed prohibitionist legislation.

Those were the heady days of “Just Say No,” when the Soviet Union was going broke and the Reagan administration was looking for ways to cut off all sources of income for the communist empire. The 9/11 drug bill in question contained items like using the military to invade other countries to enforce prohibition, an extra hundred million dollars to hire a drug army, Federal funds for state prisons, and “introduction of illegally obtained evidence at criminal trials in cases where a police officer acting in good faith makes an error in a warrantless search situation” … “forfeiture of substitute assets“,  “drug tests for all U.S. government employees in “sensitive” positions” and so on.  Reagan signed the resulting bill and called it a “National Crusade.” The way these laws are written, they only take effect a year after they are signed. You wouldn’t want cause and effect close enough together to draw attention to the financial charts.

1932banksuspensionsThe same sort of thing had been happening 55 years earlier, Herbert Hoover was president, beer was a major felony, several large banks in New York City had been involved in financing illegal alcohol and drugs, and Ronald Reagan had just turned 20.

President Wilson’s son-in-law, William McAdoo, suggested that Congress pass a law confiscating all money owned by drug and alcohol operators. Pres. Hoover had already more than doubled the number of convicts in prison for victimless crimes. Money the government didn’t have was being appropriated for building new prisons and hiring hordes of agents an prosecutors.

In June 1932 the Senate passed the revenue act containing the asset forfeiture provisions, along with major tax hikes. Hoover lost the election in November, but would still be president until March 4, 1933. In the meantime banks for closing right and left because citizens, fearful of asset forfeiture confiscations, we’re removing all of their deposits, thereby contracting the amount of available credit. Tax revenue fell by nearly half before anyone had ever heard of the Laffer curve. Stockbrokers were only making money by selling short. Huge bootlegging and narcotics trials of wealthy and important defendants from arrests made back in 1928-1932 were running out of delaying tactics.

GOPNSDAPFinally, on December 13, 1932, President Hoover signed executive order 5970 –Inspection of Income Tax Returns–which allowed States to look at Federal income tax forms filed by corporations within their borders.

This was done quietly, with no fanfare in the newspapers. Few even realized what had happened until Hoover’s press conference of January 20 subtly spilling the beans. This realization dawned ten days before Hitler was named Chancellor of the same German Reich Hoover had nurtured and protected by his moratorium on war debt collections (the Moratorium on Brains). The House promptly cut off all funding for wiretaps and entrapment buying. Corporations began withdrawing money from banks, and over the course of the following month every single bank in the United States shut down even before Franklin D Roosevelt was sworn in to become President for Life and declare a “holiday,” complete with fines, imprisonment and forfeiture language.

Religious conservatives have since that time pronounced the word “liberal” (in favor of repealing prohibition) the way their German counterparts pronounced the words “liberal” and “Jewish” (meaning laissez-faire).  In the rest of the English-speaking world, liberal still means the same thing that it meant–-even to religious conservatives–-in America before 1932.

For a detailed analysis of the Crash and Depression buy Prohibition and The Crash, live on Amazon Kindle in two languages–for the cost of a competent pint.

ProhicrashAmazon

Prohibition and The Crash, on Amazon Kindle

Stay tuned for how these events relate to the Crash of 2007-8 and the ensuing Depression. Need an interpreter?
My other blog is in Brazilian