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Kubla Khan
IN Xanadu did Kubla Khan
A stately pleasure-dome decree:
Where Alph, the sacred river, ran
Through caverns measureless to man
Down to a sunless sea. 5
So twice five miles of fertile ground
With walls and towers were girdled round:
And there were gardens bright with sinuous rills
Where blossom'd many an incense-bearing tree;
And here were forests ancient as the hills, 10
Enfolding sunny spots of greenery.
But O, that deep romantic chasm which slanted
Down the green hill athwart a cedarn cover!
A savage place! as holy and enchanted
As e'er beneath a waning moon was haunted 15
By woman wailing for her demon-lover!
And from this chasm, with ceaseless turmoil seething,
As if this earth in fast thick pants were breathing,
A mighty fountain momently was forced;
Amid whose swift half-intermitted burst 20
Huge fragments vaulted like rebounding hail,
Or chaffy grain beneath the thresher's flail:
And 'mid these dancing rocks at once and ever
It flung up momently the sacred river.
Five miles meandering with a mazy motion 25
Through wood and dale the sacred river ran,
Then reach'd the caverns measureless to man,
And sank in tumult to a lifeless ocean:
And 'mid this tumult Kubla heard from far
Ancestral voices prophesying war! 30
The shadow of the dome of pleasure
Floated midway on the waves;
Where was heard the mingled measure
From the fountain and the caves.
It was a miracle of rare device, 35
A sunny pleasure-dome with caves of ice!
A damsel with a dulcimer
In a vision once I saw:
It was an Abyssinian maid,
And on her dulcimer she play'd, 40
Singing of Mount Abora.
Could I revive within me,
Her symphony and song,
To such a deep delight 'twould win me,
That with music loud and long, 45
I would build that dome in air,
That sunny dome! those caves of ice!
And all who heard should see them there,
And all should cry, Beware! Beware!
His flashing eyes, his floating hair! 50
Weave a circle round him thrice,
And close your eyes with holy dread,
For he on honey-dew hath fed,
And drunk the milk of Paradise.
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Benjamin Fulford: Jan 11, 2016: Khazarian financial system and Mafiosi under systematic attack... - YouTube
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Wild Animal in the yard.
let it in the house.
climbs up on the furniture and stuff -
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seems to stare alot ,
for whatever reason ...
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now spends most of its time hangin with my mom.
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Once, long ago, I thought all 15"drivers were pretty much the same too. Perhaps some had a larger magnet structure to get more efficiency, but was it worth the cost?
Klipsch used an inexpensive 15" woofer in his K-horn in the 60's and 70's. Why pay more? The tradeoff was in using a 4 ohm speaker instead of an 8 ohm loudspeaker in order to make up some efficiency loss in the driver. Now, and even then, quality amp power, especially for K-horns was relatively easy and cheap to buy. Why waste it on a more expensive 15" speaker like an Altec or JBL? In his case, except for the lower drive impedance at frequencies below 400 Hz, there did not seem to be much of a problem, UNTIL he tried to use the same 15" driver as a direct radiator. Nominally it worked, but it just did not get the bass right. You see, one important way that an inexpensive speaker manufacturer might try to make up for less magnet, and wide tolerances is to make a 1:1 physical fit between the magnetic structure and the speaker voice coil windings. So, at moderate levels, all is OK (sort of) but when you really drive the cone, it falls away from the magnetic field more and more. So the distortion generated by the change in magnetic field intensity will cause even higher order odd harmonics, and the speaker will hardly move from its center location without a lot of drive. Pro speakers like JBL often 'underwind' their voice coils so that the magnetic field remains 'steady' even with some serious cone movement. Some manufacturers 'overwind' their speaker coils so that a certain percentage of the coil is in the magnetic field at all times. This approach has other problems, but it is an effort to address the issue and was first used by Acoustic Research in the 1950's, and used by many companies over the decades.
Now what if you compare a JBL speaker and the inexpensive speaker that I described in the same test enclosure? The results are different, even if the fundamental resonances are about the same, and the speaker cabinet is large and strongly built.
This difference in performance is what Geddes appears to be ignoring, but it is real, and I'm sure, measurable, and one important reason why many quality drivers are so expensive, they have to generate an even bigger magnetic field in order to make up for the losses created by 'underwinding' or 'overwinding'.
Klipsch got away with the inexpensive driver in the k-horn, because the bass horn limited the necessary excursion of driver, but in a box, the speaker became very compromised.
- jc
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JC 2 Preamplifier Class A Dual Differential FET Input per Amp Kit DIY | eBay
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New JC 2 Preamplifier Kit Class A Dual Differential FET Input per Amp Kit | eBay
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Variation on the JC-2 preamplifier - Page 7 - diyAudio
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I routinely use 10 Ohms for the 2SK389/2SJ109 or 2SK170/2SJ74.
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John,
Thanks for your kind answer.
I opened some modules with boiling ant-freeze; that is very hot. It eates the epoxy away a bit. (It were defective modules)
I found the input FET's to be 2N4392 and 2N5115. The output transistors were MPSU06 and MPSU56 (NOT FET's!) in line and phono modules. Maybe these are Tom Colangelo or Kevin Burke modifications. The general schematic appears to be the same. These modules had a silver shining plastic coated sticker on it, and no mentioning of power consumption or offset voltage. The old modules had a plain white paper sticker mentioning current and offset.
These input FET's will not improve the matching situation as you need a large pile of these.
I mailed to Positve Feedback for a copy of your improved circuit but got no answer (no feedback!) Do you have available a email copy or can you indicate the issue of the Positive Feedback Journal that mentions it?
Thank you for your courtesy,
ELSO
http://www.audioasylum.com/audio/twe...s/3/35469.html
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We are talking about 2 different designs. There is a phono stage and a line stage. I remember that you replaced the line stage in the past. The MPSU06 and the 2N4401, etc are effectively interchangable in the circuit. The phono stage uses ultra low noise input devices, not available anymore with the same low noise. The output stage of the phono is FETS, while the line stage has no followers at all. Of course, devices must be matched to some degree. It is difficult to make Porsche quality from VW parts, this is the same problem.
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John,
I was not talking about my own design but about the latest modules for the Mark Levinson ML-1 preamplifier to avoid confusion. Yes the one with the PLS150 powersupply.
Both the phono module and the line module use the FET's I mentioned (2N4392, 2N 5115.) and MPSU type transistors as output as a follower or 'folded cascoded' as in your schematic published in the Audio Amateur. The schematic can also be found on the MarkLev site. The phono module uses one of each kind of thse FET's; the line module uses two of each kind just as in your schematic. I am still very interested in the Positive Feedback article. Can you indicate the issue#???
----------------------------------------------------------------------
Now about my own design: AFTER this:
Well I also made a PC board for the phonomodule, one IC and two transistors. IC= AD847. Later AD brought out the AD817. I that case only one AD817 is needed to replace a entire phonomodule. Absolutely no problem with noise! Sounded good to my ears.
Thank you.
ELSO
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I don't know the issue, but you might be able to find a reference on the 'Positive Feedback' website. I have no idea what you are talking about as far as the fets are concerned. There are 2 separate schematics on the page. One is a line amp, the other is a phono stage. The fets that you mentioned are essentially the metal can versions of the plastic devices listed.
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The Wheels Just Fell Off: US Trucking Has Not Been This Bad Since The Financial Crisis
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Tyler Durden's picture
Submitted by Tyler Durden on 12/30/2015 20:30 -0400
inShare47
Earlier this month, we profiled yet another casualty of slumping trade, falling commodity prices, and mediocre, double-adjusted economic “growth”: trucking.
More specifically, we highlighted the dramatic November decline in Class 5-8 orders. The numbers for Class 8 - those trucks with a gross weight over 33K pounds and which, you’re reminded, make up the backbone of U.S. trade infrastructure and logistics - were a veritable disaster.
“Class 8 orders of 16,600 were below our channel check based 22,000-25,000 expectation, dropped 59% yr/yr and 36% from October (vs. the ten-year average 7% decrease in November from October), and was the weakest order month on a seasonally adjusted basis since August 2010,” Wells Fargo exclaimed, before adding that “clearly, November Class 8 orders slowed to weak levels and were beneath expectations.”
Yes, "clearly":
And a bit more from FTR:
FTR has released preliminary data showing November 2015 North American Class 8 truck net orders at 16,475, 59% below a year ago and the lowest level since September 2012. This was the weakest November order activity since 2009 and was a major disappointment, coming in significantly below expectations. All of the OEMs, except one, experienced unusually low orders for the month.
“Based on what we were seeing, we thought freight and truck sales would stay strong through the end of 2015 and into 2016, with a downturn beginning at some point in the second half of 2016,” Kenny Vieth, president & senior analyst with ACT Research Co told FleetOwner. "Falling commodity prices means freight is drying up and that is freeing up [truck] capacity. Meanwhile, exporting less means manufactures like Caterpillar can’t sell as many machines overseas, so they start producing less and that reduces freight further," he added.
Well, don't look now, but Morgan Stanley is out with its latest "truck stop" (i.e. a freight transportation update) and the picture is not pretty. Have a look at the following three graphics for the bank's Truckload Freight Index broken down by flatbed, dry van, and reefer:
In short: this is the worst things have been since the crisis.
Importantly, note that the malaise is widespread. That is, you're seeing the same picture in flatbed, refrigerated, and dry van, which would certainly seem to indicate that demand for everything from foodstuffs, to building materials, to merchandise is simply collapsing. Here's a look at survey respondents' appraisal of the current situation and their outlook for demand going forward:
If, as one might suspect, this is a harbinger of what's in store for the economy in 2016, you can expect the Fed hike to be reversed in short order - with QE4 right around the corner.
* * *
INCOMING!!! The wheel of a 18 wheeler comes off - YouTube
JustObserving
JustObserving's picture
Old Yeller will bring on NIRP and QE4 to gain a few more months of time before the free-money addicted markets need another boost.
US debts are so high that the markets can only tolerate ZIRP and NIRP. As Bernanke said - No rate normalization during my lifetime.
From 1971 until 2015, the Fed Funds rate averaged 5.93 %. It reached an all time high of 20% in March of 1980 and a record low of 0.25% in December of 2008.
Then, the Fed Funds rate stood near zero for 7 years. This fact is not an indicator of economic health. It is an indicator of economic coma.
If everything is a rosy as the financial press says it is, why not raise the Fed Funds Rate to 5% and see what happens?
The U.S. Federal Reserve Bank’s Balance Sheet increased to $4.454 trillion in December 16 from $4.441 trillion last week. Yes. That’s right -- increased.
Wait. What? I thought the quantitative enema was over?
The Federal Reserve’s Balance Sheet reached an all time high of $4.474 trillion in February of 2015 and a record low of $672.444 Billion in January, 2003. The Fed is leveraged at 78 to 1. The ECB is leveraged at over 26 to 1.
https://www.linkedin.com/pulse/truly...ningham?trk=pr...
Wed, 12/30/2015 - 20:56 | 6980255 yogibear
yogibear's picture
"Old Yeller will bring on NIRP and QE4"
Of course it is.
Wed, 12/30/2015 - 21:15 | 6980316 Chris Dakota
Chris Dakota's picture
Nobody is buying anything.
I have never seen it this bad.
Wed, 12/30/2015 - 21:33 | 6980365 bamawatson
bamawatson's picture
i'll buy that
Wed, 12/30/2015 - 22:30 | 6980426 Chris Dakota
Chris Dakota's picture
the only ones making money are selling to the 1%.
And the 1% buy real estate but don't live there at all.
So who can sell anything to an absent owner?
It is going to be a crazy crash where I am.
The house I bought in 2011 has doubled in price.
For no real reason.
The only reason I could buy then is because I made friends with the banker
who was Syrian. Not for any reason other than I just liked him.
I talked about the FED and Zionism to him. He massaged my
loan. Because they didn't want to loan self employed people anything, even though I
have been in business for decades.
One day I had to ride in his car to preform a service for one of this bank clients.
He was stopped by a cop and he said after looking at his drivers license said "What is your name?"
even though he was reading his name on the license. It was so creepy, and he was so uncomfortable
during this exchange. He said to me "I have to be careful because I am Syrian." that was 10 yrs ago.
God Bless you, if you read this you smoochie sweetheart.
Thu, 12/31/2015 - 00:56 | 6980888 mkkby
mkkby's picture
Article is bullshit. Sales of new trucks were very high last year, so shippers don't need many more.
The roads are jam packed with trucks everywhere you look. All have cut their diesel bill in half recently. If you can't make money now, you should take that as a sign to get out.
Thu, 12/31/2015 - 01:31 | 6980950 Theosebes Goodfellow
Theosebes Goodfellow's picture
I think that the article is factual, but it is harder to see the overall picture. The problem is that it is seen only in snapshots, all taken a seen in a passing glimmer.
"Biggest super cargo container ship ever arrives at the Port of Long Beach."
"One third of cargo containers at west coast ports going back to Asia empty."
"Baltic Dry index on the rocks."
I live by I-10 east of LA, west of Palm Springs. I see how much traffic is going through the CHP truck inspection station and how much railroad traffic is going east and coming west through the San Gorgonio Pass. As you report mkkby, I can confirm, it seems like tractor-trailer traffic is healthy. (with $2.35 a gallon for #2 deisel, yeah, if you'aren't making money you are in the wrong business). But I also see many tractor trailer container railroad cars going west completely empty. This means that we Americans are not shipping shit overseas very much. (At least not along the southern east-west corridor).
With the $USD so strong, it's not a reach to figure out our stuff is pretty pricey elsewhere. I wonder how long the Chinese and Indians will be interested in giving us credit...
Thu, 12/31/2015 - 09:07 | 6981268 KesselRunin12Parsecs
KesselRunin12Parsecs's picture
Best video of all time.
Lorry loader falls in to the harbour.wmv - YouTube
Wed, 12/30/2015 - 21:40 | 6980383 ThrowAwayYourTV
ThrowAwayYourTV's picture
You mean this good?
Wed, 12/30/2015 - 21:46 | 6980407 silverer
silverer's picture
I had a Christmas budget of $9.00. But I spent way over $16.00. Doesn't make sense to me, either.
Wed, 12/30/2015 - 21:51 | 6980437 Chris Dakota
Chris Dakota's picture
I quit buying gifts when my kid became an adult.
He was the last one I bought for.
I gave up gift buying in the 80s.
It has no meaning to me as Christmas.
I just live regular life on those days and enjoy my shop being closed
It is my vacation, the only one I get since I have no employees.
Wed, 12/30/2015 - 20:57 | 6980261 junction
junction's picture
Looks like it just a matter of time before the Big Banks, looking for liquidity, start again to openly launder billions of dollars of Sinaloa Cartel/Bush Crime Family cocaine/heroin drug money.
Wed, 12/30/2015 - 20:57 | 6980262 Takeaction2
Takeaction2's picture
Just was listening to a talk show...and this guy is a restaurant financial person and he said he said his phone is ringing off the hook in the Portland, Oregon area with many restaurant owners panicking over the $15 an hour thing and real estate prices sky rocketing...and no good employees. He says in the next 90 days look for many businesses to close that you would never expect to close. Especially sit down dining places. I find that very very interesting.
Wed, 12/30/2015 - 21:15 | 6980291 LowerSlowerDela...
LowerSlowerDelaware_LSD's picture
Bring on the robot waiters (and robot waitresses with big fake boobs). They don't talk back, don't spit in the customer's food, show up on time, and do their jobs. These $15/hour areas are fantastic for automation companies and innovation. Makes me wonder if the leftist morons passing the $15/hour laws are stock holders in automation companies or not.
Thu, 12/31/2015 - 00:31 | 6980837 mkkby
mkkby's picture
Very few restaurants make anything beyond mediocre, so let them go out of business.
Why pay $15/hour for unkilled labor? You don't need servers anyways. Turn everything into cafeteria style. Pick up your own food when it's done. Fill up a cup. Even a cripple in a wheel chair can do that. How fucking lazy are you?
Wed, 12/30/2015 - 21:16 | 6980318 FreeShitter
FreeShitter's picture
More people better start learning to cook. Fuck eating out anymore. Waste of money.
Wed, 12/30/2015 - 22:44 | 6980583 Magnum
Magnum's picture
It's really sad what govt has done to the restaurant business. I used to enjoy restaurants, a true hobby to seek out all kinds of different food.
Locally the govt invented a special restaurant tax recently. Rents are high now too, causing price hikes, and now min wage. Waiters are militant you gotta pay them 20% too.
Not because I can't afford it, but out of principle I stopped going to restaurants about a year ago. I still see crowds though. They might survive without me :)
Wed, 12/30/2015 - 21:46 | 6980322 Chris Dakota
Chris Dakota's picture
San Fran a room in shared apartment is $1500 per month.
Nobody can find labor now, everyone I know has or is moving out of CA.
Took me 2 hrs just now to drive 30 miles out of the city.
Not cheap to rent out here either.
SF 15 hour won't cut it, more like 30 per hour.
Between the Chinese billionaries parking money and the tech people
it is slated to become an ultra expensive city.
I expect one day you will have to have member card to cross the bridges.
Wed, 12/30/2015 - 21:02 | 6980276 The Merovingian
The Merovingian's picture
Janet: Nothing to see here, now move along and BTFD or BTFATH, whichever we decide is good for you. Any more of this questioning of authority and you will find yourself on the next truck for a FEMA reeducation center near you!
Sadly, that is not sarcasm ....
Wed, 12/30/2015 - 20:41 | 6980207 GhostOfDiogenes
GhostOfDiogenes's picture
Why is it, that whenever there is a problem, it seems to be that the crooks on walstreet aren't making enough shekels on betting on some type of industry.
Bankers and economists produce nothing for humanity but pain and evil.
Wed, 12/30/2015 - 20:46 | 6980209 Normalcy Bias
Normalcy Bias's picture
My condolences to the drivers out there. This economy is turning into one big Pickle Park.
For those unfamiliar with trucker slang: Urban Dictionary: pickle park
Wed, 12/30/2015 - 20:47 | 6980231 jcdenton
jcdenton's picture
Speaking of trucks ..
And trucks charged with filling shelves with food and whatnot ..
Jack and Jill Completely Lose It
Wed, 12/30/2015 - 21:00 | 6980271 Dragon HAwk
Dragon HAwk's picture
Jack told her he would gladly give her $20 for a dozen eggs and the old lady just laughed at him. He said “how about $100 for a dozen?”
( skip the first 4 paragraphs and get down to the world collapses story it's pretty good, , collapse will probably be a lot more brutal but it's a good read )
Wed, 12/30/2015 - 22:00 | 6980466 NoPension
NoPension's picture
Doom porn!
Haven't perused any lately. Reminds me to do a little restocking.
Thanks.
Wed, 12/30/2015 - 20:55 | 6980251 yogibear
yogibear's picture
All is fine, trust us.
- Barack Hussein Obama and the Federal Reserve Banksters
Wed, 12/30/2015 - 20:55 | 6980252 atomp
atomp's picture
I don't know where these numbers come from, but I80 and I70 looked like a fucking convoy this year, too many trucks to count.
Wed, 12/30/2015 - 20:59 | 6980266 didthatreallyhappen
didthatreallyhappen's picture
so, you guys seem to feel you have a finger on the pulse.
Are you hoarding USD or AG/AU?
When does that hoarding provide life saving payoff
Are you hoarding LT food stuffs
Wed, 12/30/2015 - 21:17 | 6980321 OldPhart
OldPhart's picture
1. Yes
2. When you need it.
3. Yes
Wed, 12/30/2015 - 20:59 | 6980268 Magnum
Magnum's picture
It's very strange to think about the effect of Amazon taking over a massive part of the entire US trucking/distribution sector. Things have really changed in just the last two years. It may come to pass that far fewer 18 wheelers haul loads cross country, but not due to an increase in efficiency -- only "perceived" efficiency. People have decided that Amazon is the greatest deal for everything but the fact is, shop around and Amazon is almost always more expensive than other websites, and it's a big waste for many reasons. In any case, minds are made up! Amazon will keep digging into our wallets for things boxed up and delivered via USMail, UPS and Fedex. Amazon will dictate how things get to their big stupid distribution centers, and most products formerly moved on long haul trucks will be under the thumb of Jeff Bezzos.
Wed, 12/30/2015 - 21:03 | 6980278 Dragon HAwk
Dragon HAwk's picture
yeah small package freight.. one big profit center, but not for you you pay the bill.
Wed, 12/30/2015 - 21:50 | 6980429 texas sandman
texas sandman's picture
Because of hours of service rules and the electronic log mandate long haul trucking will be done primarily by team drivers. Solo drivers are more and more limited to regional work, which actually helps get drivers home more often. The problem is finding teams that can last with each other. Husband/wife teams work best (wife and I did it for 11 years), but are hard to find.
The problem with new truck sales is not simply freight volumes, but also the lower rates which make new equipment virtually unaffordable. A nicely equipped emissions equipped long haul tractor can easily hit $160,000. On the other hand, our Freightliner dealer in Clear Lake, Iowa (and 2 other locations) sells out 1200 build slots (per year) of glider kit trucks easily.
A glider comes from the factory without an engine and transmission, and the emissions requirements are based on the build year of the engine. You not only dump the EGR valve, particulate filter and exhaust fluid, you get the same truck for $25-30,000 less. Add to the initial savings reduced maintenance on emissions crapola, and if you're not planning on going to California it's a no brainer.
All that being said, in 25 years I've never seen freight fall off a cliff across all trailer types like it has now. It started getting bad back in August, and I see no light at the end of this tunnel.
Wed, 12/30/2015 - 23:36 | 6980723 Al Tinfoil
Al Tinfoil's picture
USMail, UPS, and FedEx all move packages by truck. All of these use trucks for picking up packages and envelopes from drop-off points. FedEx Express flies packages and envelopes from airport to airport, but distribution then takes place by tuck. FedEx Ground, FedEx Freight and UPS carry envelopes, packages and palletized frieght by highway trucks.
If Amazon gets its drone delivery system off the ground (pardon the pun), it could replace distribution of small items over short distances now done by delivery van, but would not replace long-haul carriage.
Thu, 12/31/2015 - 00:28 | 6980832 sun tzu
sun tzu's picture
I find things at walmart and ebay much cheaper than amazon
Wed, 12/30/2015 - 21:05 | 6980280 Barnaby
Barnaby's picture
I hate truckers and everything they stand for. So fuck 'em. That goes double for all the meat-eating truckers, so basically all of 'em
Fuck you, truckers, I hope you live homelessly forever you resource-wasting, meat-eating, lane-hogging fartknockers. Also, you smell bad despite your prevalent interstate showers, but you'd expect that from an American meat-eater swimming in his own unwashed buttfilth.
There is nothing you bring to me. I am dependent on you for nothing. Fuck you and your families into 2019 and beyond.
Wed, 12/30/2015 - 21:11 | 6980292 R19
R19's picture
Lame post of the year. Thought it couldn't be topped, but you just took it. YAY!
- Trucks inefficient. - YAY!
- Truck drivers are bad drivers. - YAY!
- You don't eat meat. - YAY!
- Is your Uber late to pick you up to your next communist party meeting? - YAY!
Wed, 12/30/2015 - 21:13 | 6980311 Barnaby
Barnaby's picture
Nice edits, douchebag!
Wed, 12/30/2015 - 22:56 | 6980613 Temporalist
Temporalist's picture
Don't be so mean to Barnaby. You too would be upset if you had a truck like poor old Barnaby here:
http://www.sethbarnes.com/blogphotos...orse_truck.jpg
Thu, 12/31/2015 - 01:36 | 6980880 Al Tinfoil
Al Tinfoil's picture
It is interesting to ponder what type of lifestyle would make one completely independent of trucks. Most goods are produced in facilities supplied by trucks, then the goods are carried to distribution centres, then carried to stores, and then carried to their ultimate destination by truck or car. Goods and energy supplies that come by pipeline or via electrical grid depend upon trucks for their construction and maintenance. Energy production facilities depend upon trucks for their construction and maintenance, even if the bulk of their fuel comes by pipeline or train. Railways depend upon trucks directly and indirectly for their construction and maintenance, and trucks are used by the industries that procuce their rails, rolling stock, and roadbed construction materials. Railway employees get to work (like most employees) via conveyances dependant upon trucks directly or indirectly for maintenance and delivery of fuel.
The vast bulk of our food production and distribution depends overwhelmingly upon petroleum. It is estimated that 10 calories of diesel energy is consumed in the production of 1 calorie of food energy. Looking at a few videos on YouTube of modern farming with large machines and vast acreages illustrates this. Then the harvest is delivered via trucks to processing centres, then ultimately to our supermarkets via truck.
Clothing, furniture, carpets, paint, all types of building materials, household chemicals, soap and personal hygiene products, household appliances, tools or our trades and hobbies, cooking supplies, books, pens and paper, automobiles and parts, gasoline, diesel, propane, matches, charcoal and charcoal lighters, all types of weapons and ammunition, bows, arrows, crossbows, and health supplies all travel by truck in at least part of their journey from production facility to home, office or factory.
So, how could one live completely independently of trucks?
1. Grow your own food with tools produced by hand (using steel or other metals not smelted by yourself is fooling yourself, because these all depended upon trucks and modern manufacturing at some point). No mechanized plowing, planting, or harvesting. Depend upon horses or oxen for motive power. Use no chemical fertilizers, herbicides, or pesticides. Learn to store enough food each Fall to last you and yours through to the next harvesting season. Identify and learn how to harvest natural food sources, and stay away from mushrooms and berries that you cannot identify as harmless. Obtain the necessary farm animals and learn how to feed, train, and husband them, and treat them for diseases.
2. Set up by a reliable stream with clean water, or dig your own well at a place that provides sufficient clean water. Obtain water from the stream or well by bucket or hand-operated pump. Metal pipes are out.
3. Use wind and water for power (again, only using facilities produced by hand from materials available from mother nature - no nails, screws, bolts, metal axles, no copper or aluminum wiring for generators, no modern light bulbs or resistance heaters for electric stoves). Steam power would require metals and hence depends upon manufacturing or upon finding previously-manufactured articles which probably depended upon trucks in their manufacturing and distribution. Coal oil lamps and wax candles are out, since each depends upon truck-dependent production. Lamps could be run on vegetable oils or animal fats. Expect to go to bed at nightfall, and get up at dawn. Forget television, videos, movies, and all-night parties.
4. Home heat? Wood is an obvious source if your have forest or brush available, but is labor intensive, particularly if nothing that came by truck is used in the harvesting and delivery. Chain saws and metal-bladed hand saws came from the truck-dependent society. Chain saws also require lubricants and fuel delivered by truck. Look for local coal outcrops so you can get coal.
5. Weave your own clothing from your own crops of flax or cotton, use wool sheared by hand from sheep, or wear animal skins, or go naked if that is your fancy. Use animal fat and charcoal for protection of your skin from insects and sun damage.
6. Make your own soap from wood ash and animal fat. Flavour with pine tar or other natural items.
7. Pharmaceuticals? Manufacture your own from herbs and other plants.
8. Information? Using the internet is cheating - falling back upon a modern convenience provided by the truck-dependent society and the truck-dependent power grid. Fall back upon books and word of mouth. Educate your children by yourself, since travel by school bus makes your family dependent upon the truck-dependent society.
9. Build a house? From logs, or stone, perhaps, but not from modern lumber and building supplies. Use straw, dirt, or clay for insulation and caulking. Or find or dig a cave (without metal tools or machinery) and decorate it to satisfy your Mrs. (good luck). Windows? Glass comes by truck from truck-served and energy-intensive factories, ditto plastic. Windows made from animal hides scraped thin or from oiled paper made from your own paper-making efforts could substitute. Or ,make your own glass if you know how and are sufficiently skilled to do so. Hinges? Carve them from wood or use leather.
10. Personal conveyance? Cars, pickup trucks, buses, trains, and aircraft all depend upon trucks. You could walk, or ride a horse, or ride in a horse or ox-pulled wagon (wooden axles of course).
11. Shoes and boots? Make your own from leather you tanned yourself or trade for them from someone who produces them by hand from hand-tanned leather. Go barefoot whenever possible to save upon shoes.
12. For any metal supplies you need, find your own sources of ores and smelt them yourself, or trade with someone who obtains them by the same means.
13. Household appliances? Buckets, washtubs, and barrels can be made from wood. If you are sufficiently skilled and knowledgeable, you might be able to make your own glass and form bottles and other containers from it. Locate sources of suitable clays and make your own ceramic items. Make your own stove and fireplace from stone and clay, use wood or coal (if you can find a local source) for fuel. Forget about all electrical appliances.
14. Dental and medical supplies and services are all enabled by or delivered by truck at some point, so fall back upon folk dentistry and medicine. Life expectancy will fall sharply, but that is inevitable if you retreat from modern society. Learn how to pull rotted teeth, set dislocated joints, splint broken bones, sterilize and bind wounds, and how to carve false teeth.
15. Sickness and disability? Unless you have a large family or belong to a sufficiently large and caring tribe, you will die unless you are capable of looking after yourself. Unless someone is available to deal with simple operations such as appendectomies, expect most who get appendicitis to die painful deaths. Bacterial infections can be lethal, so expect to suffer the same death rates from bacterial infections as society suffered before antibiotics and other modern health measures were available.
16. Protection from thieves and murders? Learn to make and use bows, arrows, spears, clubs, crossbows, and David's Slings. All modern weapons and ammunition came by truck, so they are not available.
17. Disasters like house fires, forest fires, floods, hurricanes, tornadoes, droughts, crop failures, plagues, war, trespassers, kidnappings, animal attacks, etc.? You're on your own. Good Luck - you will need it. Keep barrels under the eaves of your roof to catch rain water - for multiple purposes including fire-fighting. A family grouping or tribe is invaluable here for having sufficient extra labor to allow the posting of lookouts and guards. Living alone means that there is no one available to help you in most circumstances.
In other words, expect to live like primitive hunter-gatherers except to the extent that you are able to improve your lifestyle by hand agriculture and such crafts as you are able to practise yourself. Learn fast, work hard, be prepared as much as you can, and do not expect to have any holidays from labor. Live without pensions and EBT cards, without outside sources of food, medicine, and household supplies. Join with others for your collective comfort and security.
Or you could retreat from the cash economy as much as possible, take advantage of what the modern society makes available to you and that you can afford to buy, and pretend that you are "independent" from trucks and modern society. This is the Amish approach, as I understand it. But you will need money to pay land taxes and to pay for whatever other money purchases you make. And you are fooling yourself if you think that you are truly "independent" of the grids, services, and supplies of modern society.
Wed, 12/30/2015 - 21:21 | 6980332 surf0766
surf0766's picture
Slap that communist pig vomit down !
Wed, 12/30/2015 - 21:29 | 6980350 Normalcy Bias
Normalcy Bias's picture
You sound like you got F'd in the 'A' by some sicko who also happened to be a truck driver. If not, please start taking your meds again.
Wed, 12/30/2015 - 21:31 | 6980355 Barnaby
Barnaby's picture
Hey I'm venting in an obviously dead thread. So go take your own meds.
edit: Also, if you're a meat-eater, fuck you and your entire fucking horrible family.
Wed, 12/30/2015 - 21:40 | 6980382 Normalcy Bias
Normalcy Bias's picture
LOL! You ARE a PSYCHO! HAHA! Hilarious...
Bi-Polar Vegan, I'm guessing?
Wed, 12/30/2015 - 22:29 | 6980540 Barnaby
Barnaby's picture
Not vegan.
Wed, 12/30/2015 - 22:51 | 6980599 Normalcy Bias
Normalcy Bias's picture
Well, I got the psycho part right, right? Dude, 99.99% of the people in America would be FUCKED if it weren't for truckers. If not you directly, the absence would create unrest that WOULD affect you. Think about it.
Wed, 12/30/2015 - 22:56 | 6980612 Barnaby
Barnaby's picture
Thank you for your considered reply.
I think if we lived more conscientiously, instead of wanting strawberries in February, we would all be happier. The trucker would too, as he might have a chance to wash his ass.
I farm. When it's winter, I make a choice between energy and value: can I grow my vegetables and grains or have I stored enough already?
Wed, 12/30/2015 - 23:05 | 6980633 Normalcy Bias
Normalcy Bias's picture
You are a piece of work. I like you.
Thu, 12/31/2015 - 01:55 | 6980980 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture
Easy on the granola, eh. Why not have a good n' yummy hamburger or a nice yummy steak with animal fat sauce n' bacon bits?
I had Roast Beast for Christmas this year with beef stuffing instead of pork.
Wed, 12/30/2015 - 23:14 | 6980655 bamawatson
bamawatson's picture
vagitarian?
Thu, 12/31/2015 - 01:51 | 6980973 OldPhart
OldPhart's picture
Yes, I am, proudly so. I'm rather popular with the ladies.
Thu, 12/31/2015 - 02:07 | 6980987 Miffed Microbio...
Miffed Microbiologist's picture
This is what happens when you consume soy. Total synaptic melt down resulting in irrationality and man boobs.
Miffed;-)
Wed, 12/30/2015 - 21:44 | 6980403 itstippy
itstippy's picture
I shoot 'em. One minute they're strolling through the woods, the next minute BOOM and they're dead.
Then I slit 'em open and scoop their guts out. I leave the guts in the woods and drag the the carcass to the truck and take it home. I hang it in a tree and yank its hide off. I dismember it with a sawzall and cut the big chunks of raw meat into smaller chunks with a band saw. Then I wrap up the meat hunks in white paper, write what kind of meat hunks they are on the paper, and put them in my freezer.
Later, I take packages of raw frozen meat hunks out of the freezer and cook them with onions & potatoes. MMMmmm.
Wed, 12/30/2015 - 21:48 | 6980421 Normalcy Bias
Normalcy Bias's picture
You're going to put him in a Rubber Room...
Wed, 12/30/2015 - 22:07 | 6980482 NoPension
NoPension's picture
Carrots. Don't forget carrots.
Wed, 12/30/2015 - 22:49 | 6980539 Barnaby
Barnaby's picture
Provide proof or you're a total pussy.
I can respect someone who actually does the deed. After all, I am a farmer.
Wed, 12/30/2015 - 23:45 | 6980749 UnicornSkittles
UnicornSkittles's picture
Dude, if you didn't fish it, farm it, or weave it yourself on your property, at some point it was trucked for your POS self. Go charge your electric car out out of the wall socket that gets its clean energy from fairy dust, and hopefully its battery catches fire tonight and no fire TRUCKS come to save your ass.
Suck sweaty trucker balls. FOAD.
Thu, 12/31/2015 - 00:18 | 6980767 Barnaby
Barnaby's picture
There you go, buttpipe. And, no firemen will ever venture onto my property.
Next time you eat meat, think about how much you'd cry after eating a puppy steak.
Why is it you'd eat one thing with a face and not another?
Thu, 12/31/2015 - 01:53 | 6980975 OldPhart
OldPhart's picture
Homer Simpson voice: "Puppy Steak....ummm"
Wed, 12/30/2015 - 23:21 | 6980677 blue51
blue51's picture
Awesome retort Tippy ! I'm STILL laughing!
Thu, 12/31/2015 - 01:45 | 6980966 robertocarlos
robertocarlos's picture
You shoot truckers?
Thu, 12/31/2015 - 02:13 | 6980992 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture
meat hunks on the barby too, eh?
Thu, 12/31/2015 - 07:13 | 6981174 FredFlintstone
FredFlintstone's picture
Hope you are a sex addict as you have a lot of fucking to do. There are a lot of meat eaters roaming around.
Wed, 12/30/2015 - 21:57 | 6980451 FredFlintstone
FredFlintstone's picture
Are you and the GhostofDiogene one and the same?
Shouldn't you be sitting/decomposing on some seeds in the dark instead of wasting precious resouces on the internet? Do you know how much power and water are wasted by the server farms?
Wed, 12/30/2015 - 22:32 | 6980548 Barnaby
Barnaby's picture
It amuses me to warn people of how big a bunch of shitbags they are for eating meat. Also, people who work in an industry that needlessly wastes resources just to feed said fat meatbags deserve abject scorn, if not elimination from society.
What's wrong with your brains?
Oh yeah. You're crazy with prions.
Thu, 12/31/2015 - 06:46 | 6981156 FredFlintstone
FredFlintstone's picture
Your mommy didn't hold you enough as a baby, did she?
Wed, 12/30/2015 - 23:09 | 6980641 David Wooten
David Wooten's picture
I, and those in America who deliver goods by truck, wish you and your family a happy and prosperous new year, Barnaby.
Thu, 12/31/2015 - 00:16 | 6980775 Barnaby
Barnaby's picture
Please pledge to wash your ass in 2016.
Thank you,
Everybody in line behind you at a truck stop
Thu, 12/31/2015 - 11:11 | 6981605 David Wooten
David Wooten's picture
I've never been a truck driver, Barnaby. But I believe most of them would offer you condolences for all the distress you are obviously experiencing. God bless you and your family.
Thu, 12/31/2015 - 01:36 | 6980954 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture
Did Barnaby misplace his happy pills again?
Wed, 12/30/2015 - 21:05 | 6980285 zerotohero
zerotohero's picture
How do you make a million dollars in the trucking industry? Start with 2 million
Wed, 12/30/2015 - 21:05 | 6980287 R19
R19's picture
Thanks ZH. I just watched a bunch of 4x4 crash videos!
Wed, 12/30/2015 - 21:07 | 6980297 franzpick
franzpick's picture
Our desert cities CA WalMex closed their stockroom in 2009 and went to "Truck-to-Shelf" delivery, saving inventory carry costs, while producing no-depth and noticeably empty shelves and end-caps. I told the manager that the day would come when WMT would announce even-more direct "Truck-to-Customer" delivery, in the parking lot - right off the tailgate-checkout, to the consumer. Beware AMZN:Retail competition, without the costs of brick and mortar.
Thu, 12/31/2015 - 13:57 | 6982420 Red Raspberry
Red Raspberry's picture
WalMart is doing that now. Pushing sales items to me with free shipping over my smart phone.
Wed, 12/30/2015 - 21:08 | 6980298 OldPhart
OldPhart's picture
For 2015 we disposed of 7 semi's due to pollution control mandates by both federal and state authorities. We sold them in Tiujuana, which means we will most likely see them right back on the freeways almost immediately.
We replaced them with 6 new semi's.
We can get by with six because the older ones rotated through break-downs.
Our loads and traffic is pretty much the same as 2014.
Wed, 12/30/2015 - 21:34 | 6980366 Normalcy Bias
Normalcy Bias's picture
I bet you're exactly right. Of course the emission standards are lower (or non-existent) for Mexican trucks, even though they're driving through the US.
That sounds like typical Fedgov policy.
Wed, 12/30/2015 - 22:10 | 6980490 NoPension
NoPension's picture
What happens when they run low on DEF? It that what it's called?
Read somewhere they go into 10 mph limp mode after so many miles.
Wed, 12/30/2015 - 23:16 | 6980664 texas sandman
texas sandman's picture
No DEF is a shutdown code on my Cummins.
Thu, 12/31/2015 - 01:41 | 6980961 OldPhart
OldPhart's picture
I'm not a mechanic, but I play one as a controller looking at costs. The semis disposed of were over 15 years old. I don't know what DEF is.
Wed, 12/30/2015 - 21:12 | 6980304 g3h
g3h's picture
Not what FeDex and UPS told us.
Wed, 12/30/2015 - 21:14 | 6980314 alexcojones
alexcojones's picture
QUICK! Send 10.000 trucks to ISIS.
Bill the taxpayers later
Wed, 12/30/2015 - 21:17 | 6980320 yrad
yrad's picture
Hella ya
Wed, 12/30/2015 - 21:19 | 6980327 1stepcloser
1stepcloser's picture
cash for 18 wheelers will fix everything
Wed, 12/30/2015 - 22:05 | 6980479 David Wooten
David Wooten's picture
Guess low fuel prices just aren't helping them.
Wed, 12/30/2015 - 22:37 | 6980566 Dragon HAwk
Dragon HAwk's picture
team drivers will soon be one driver one robot.. makes perfect sense, somebody real has to talk to the warehouse man, or you don't get unloaded. and i want to see the robot that will back into some of those hard docks, without blowing their software and taking all day to recalculate. and we won't even talk about those road closed no where to turn around moments, that real drivers always seem to get around.
and oh yeah Meat Hater.. your vibrating dildo probably came on a truck,
Wed, 12/30/2015 - 22:44 | 6980578 Dark Daze
Dark Daze's picture
Just because they delayed the bankruptcy doesn't mean it isn't coming, and with each month that passes, the whole shiterie becomes more and more unstable. Welcome to the hunger games. I wonder how long you people will put up with it and make jokes about it? The real hoot is all those WS fucks who are working to accumulate their greenies which will be wothless going forward. It will only be 'external trade currency' backed by gold that anyone will accept.
Wed, 12/30/2015 - 23:36 | 6980721 crossroaddemon
crossroaddemon's picture
I know this is purely anecdotal but my brother in law runs hazmat up into canada and his work is doing nothing but increasing.
Thu, 12/31/2015 - 00:02 | 6980780 onmail1
onmail1's picture
Last time it was in China
and everyone booed at state of affairs there
Thu, 12/31/2015 - 00:03 | 6980782 R19
R19's picture
Worst truck orders since Lehman => Up Vote
If you like your truck, you can keep your truck => Down Vote
- - - Updated - - -
https://www.youtube.com/watch?v=L7hGtOL-Cwk
- - - Updated - - -
" If you're ever sad, just remember the world is 4.543 billion years old,
and you somehow managed to exist at the same time, as David Bowie. "
https://www.youtube.com/watch?v=kszLwBaC4Sw
Blackstar
In the villa of Ormen, in the villa of Ormen
Stands a solitary candle, ah-ah, ah-ah
In the centre of it all, in the centre of it all
Your eyes
On the day of execution, on the day of execution
Only women kneel and smile, ah-ah, ah-ah
At the centre of it all, at the centre of it all
Your eyes, your eyes
Ah-ah-ah
Ah-ah-ah
In the villa of Ormen, in the villa of Ormen
Stands a solitary candle, ah-ah, ah-ah
In the centre of it all, in the centre of it all
Your eyes
Ah-ah-ah
Something happened on the day he died
Spirit rose a metre and stepped aside
Somebody else took his place, and bravely cried
(I’m a blackstar, I’m a blackstar)
How many times does an angel fall?
How many people lie instead of talking tall?
He trod on sacred ground, he cried loud into the crowd
(I’m a blackstar, I’m a blackstar, I’m not a gangstar)
I can’t answer why (I’m a blackstar)
Just go with me (I’m not a filmstar)
I’m-a take you home (I’m a blackstar)
Take your passport and shoes (I’m not a popstar)
And your sedatives, boo (I’m a blackstar)
You’re a flash in the pan (I’m not a marvel star)
I’m the Great I Am (I’m a blackstar)
I’m a blackstar, way up, on money, I’ve got game
I see right, so wide, so open-hearted pain
I want eagles in my daydreams, diamonds in my eyes
(I’m a blackstar, I’m a blackstar)
Something happened on the day he died
Spirit rose a metre then stepped aside
Somebody else took his place, and bravely cried
(I’m a blackstar, I’m a star's star, I’m a blackstar)
I can’t answer why (I’m not a gangstar)
But I can tell you how (I’m not a film star)
We were born upside-down (I’m a star's star)
Born the wrong way ‘round (I’m not a white star)
(I’m a blackstar, I’m not a gangstar
I’m a blackstar, I’m a blackstar
I’m not a pornstar, I’m not a wandering star
I’m a blackstar, I’m a blackstar)
In the villa of Ormen stands a solitary candle
Ah-ah, ah-ah
At the centre of it all, your eyes
On the day of execution, only women kneel and smile
Ah-ah, ah-ah
At the centre of it all, your eyes, your eyes
Ah-ah-ah
- - - Updated - - -
A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air
George Washington's picture
Submitted by George Washington on 01/15/2016 12:09 -0500
Barclays Central Banks Creditors M1 M2 M3 Money Supply Purchasing Power Quantitative Easing Reality
inShare7
The central banks of the United States, England, and German - as well as 2 Nobel-prize winning economists - have all shown that banks create money out of thin air ... even if they have no deposits on hand.
The failure of most governments and most mainstream economists to understand this fact - they instead believe the myth that people make deposits at their bank, and these deposits are then lent out to new borrowers - is the main cause of our rampant inequality and economic problems.
But how do banks actually make loans before they have sufficient deposits on hand?
Economics professor Richard Werner - the creator of quantitative easing - noted in September that the field of economics has been lost in the woods for an entire century because it has failed to understand how banks actually create money.
Professor wrote an academic paper in 2014 concluding:
What banks do is to simply reclassify their accounts payable items arising from the act of lending as ‘customer deposits’, and the general public, when receiving payment in the form of a transfer of bank deposits, believes that a form of money had been paid into the bank.
***
The ‘lending’ bank records a new ‘customer deposit’ and informs the ‘borrower’ that funds have been‘deposited’ in the borrower's account. Since neither the borrower nor the bank actually made a deposit at the bank—nor, in connection with this transaction, anyone else for that matter, it remains necessary to analyse the legal aspects of bank operations. In particular, the legality of the act of reclassifying bank liabilities (accounts payable) as fictitious customer deposits requires further, separate analysis. This is all the more so, since no law, statute or bank regulation actually grants banks the right (usually considered a sovereign prerogative) to create and allocate the money supply. Further, the regulation that allows only banks to conduct such creative accounting (namely the exemption from the Client Money Rules) is potentially being abused through the act of‘renaming’ the bank's own accounts payable liabilities as ‘customer deposits’ when no deposits had been made, since this is also not explicitly referred to in the banks' exemption from the Client Money Rules, or in any other statutes, laws or regulations, for that matter.
Professor Werner explained:
Although the implementation of banking services relies heavily on accounting, hardly any scholarly literature exists that explains in detail the accounting mechanics of bank credit creation and precisely how bank accounting differs from corporate accounting of non-bank firms.
***
It can be deduced that this ability of banks is likely derived from the operational, that is, accounting conventions and regulations of banking. These either differ from those of non-banks, so that only banks are able to create money, or else non-banks have missed out on the significant opportunities money creation may afford.
In order to identify the difference in accounting treatment of the lending operation by banks, we adopt a comparative accounting analysis perspective.
***
When the non-financial corporation, such as a manufacturer, grants a loan to another firm, the loan contract is shown as an increase in assets: the firm now has an additional claim on debtors — this is the borrower's promise to repay the loan. The lender purchases the loan contract, treated as a promissory note. Meanwhile, when the firm disburses the loan (and hence discharges its obligation to make the money available to the borrower), it is drawing down its cash reserves or monetary deposits with its banks. As a result, one gross asset increase is matched by an equally-sized gross asset decrease, leaving net total assets unchanged.
In the second case, of a non-bank financial institution, such as a stock broker engaging in margin lending, the loan contract is the claim on the borrower that is added as an asset to the balance sheet, while the disbursement of the loan – for instance by transferring it to the client or the stock exchange to settle the margin trade conducted by its client – reduces the firm's monetary balances (likely held with a bank). As a result, total assets and total liabilities remain unchanged.
While the balance sheet total is not affected by the granting and disbursement of the loan in the case of firms other than banks, the picture looks very different in the case of a bank. While the loan contract shows up as an increase in assets with all types of corporations, in the case of a bank the disbursement of the loan ... appears as a positive entry on the liability side of the balance sheet, as opposed to being a negative entry on the asset side, as in the case of non-banks. As a result, it does not counter-balance the increased gross assets. Instead, both assets and liabilities expand. The bank's balance sheet lengthens on both sides by the amount of the loan (see the empirical evidence in Werner, 2014a and Werner, 2014c). Thus it is clear that banks conduct their accounting operations differently from others, even differently from their near-relatives, the non-bank financial institutions.
***
Surprisingly, we find that unlike the other firms whose balance sheets shrank back in Step 2, the bank's accounts seem in standstill, unchanged from Step 1. The total balance sheet remains lengthened. No balance is drawn down to make a payment to the borrower.
So how is it that the borrower feels that the bank's obligation to make funds available are being met? (If indeed they are being met). This is done through the one, small but crucial accounting change that does take place on the liability side of the bank balance sheet in Step 2: the bank reduces its ‘account payable’ item by the loan amount, acting as if the money had been disbursed to the customer, and at the same time it presents the customer with a statement that identifies this same obligation of the bank to the borrower, but now simply re-classified as a ‘customer deposit’ of the borrower with the bank.
The bank, having ‘disbursed’ the loan, remains in a position where it still owes the money. In other words, the bank does not actually make any money available to the borrower: No transfer of funds from anywhere to the customer or indeed the customer's account takes place. There is no equal reduction in the balance of another account to defray the borrower. Instead, the bank simply re-classified its liabilities, changing the ‘accounts payable’ obligation arising from the bank loan contract to another liability category called ‘customer deposits’.
While the borrower is given the impression that the bank had transferred money from its capital, reserves or other accounts to the borrower's account (as indeed major theories of banking, the financial intermediation and fractional reserve theories, erroneously claim), in reality this is not the case. Neither the bank nor the customer deposited any money, nor were any funds from anywhere outside the bank utilised to make the deposit in the borrower's account. Indeed, there was no depositing of any funds.
In Step 1 the bank had a liability — an obligation to pay someone. How can it discharge this liability? A law dictionary states:
“The most common way to be discharged from liability … is through payment.” 1
And yet, no payment takes place in Step 2 (and hence in the entire ‘lending’ process), which is why the bank's balance sheet in total remains stuck in Step 1, when all lenders still owe the money to their respective borrowers. The bank's liability is simply re-named a 'bank deposit'. However, bank deposits are defined by central banks as being part of the official money supply (as measured in such official ‘money supply’ aggregates as M1, M2, M3 or M4). This confirms that banks create money when they grant a loan: they invent a fictitious customer deposit, which the central bank and all users of our monetary system, consider to be ‘money’, indistinguishable from ‘real’ deposits not newly invented by the banks. Thus banks do not just grant credit, they create credit, and simultaneously they create money.
***
Instead of discharging their liability to pay out loans, the banks merely reclassify their liabilities originating from loan contracts from what should be an ‘accounts payable’ item to ‘customer deposit’ (in practise of course skipping Step 1 entirely and thus neglecting to record the accounts payable item). The bank issues a statement of its liability to the borrower, which records its liability as a ‘deposit’ of the borrower at the bank.
***
What enables banks to create credit and hence money is their exemption from the Client Money Rules. Thanks to this exemption they are allowed to keep customer deposits on their own balance sheet. This means that depositors who deposit their money with a bank are no longer the legal owners of this money. Instead, they are just one of the general creditors of the bank whom it owes money to. It also means that the bank is able to access the records of the customer deposits held with it and invent a new ‘customer deposit’ that had not actually been paid in, but instead is a re-classified accounts payable liability of the bank arising from a loan contract.
***
What makes banks unique and explains the combination of lending and deposit-taking under one roof is the more fundamental fact that they do not have to segregate client accounts, and thus are able to engage in an exercise of ‘re-labelling’ and mixing different liabilities, specifically by re-assigning their accounts payable liabilities incurred when entering into loan agreements, to another category of liability called ‘customer deposits’.
What distinguishes banks from non-banks is their ability to create credit and money through lending, which is accomplished by booking what actually are accounts payable liabilities as imaginary customer deposits, and this is in turn made possible by a particular regulation that renders banks unique: their exemption from the Client Money Rules. [Werner gives a concrete example on British law for banking and non-banking institutions.]
***
It would appear that those who argue that bank regulations should be liberalised in order to create a level playing field with non-banks have neglected to demand that the banks' unique exemption from the Client Money Rules – a regulation benefitting only banks – needs to be deregulated as well, so that banks must also conform to the Client Money Rules.
***
Alternatively, one could argue that it would level the playing field, if the banks' current exemption from the Client Money Rules was also granted to all other firms — in other words, if the Client Money Rules themselves were abolished. This would allow all firms to also engage in the kind of creative accounting that has become an established practise among banks. It would certainly ensure that competition between banks and non-bank financial institutions would become more meaningful, since the exemption from the Client Money Rules, together with the banks' deployment of this exemption for the purpose of re-labelling their liabilities, has given significant competitive advantages to banks over all other types of firms: banks have been able to create and allocate money – virtually the entire money supply in the economy – while no other firm is able to do the same.
***
Basel rules were doomed to failure, since they consider banks as financial intermediaries, when in actual fact they are the creators of the money supply. Since banks invent money as fictitious deposits, it can be readily shown that capital adequacy based bank regulation does not have to restrict bank activity: banks can create money and hence can arrange for money to be made available to purchase newly issued shares that increase their bank capital. In other words, banks could simply invent the money that is then used to increase their capital. This is what Barclays Bank did in 2008, in order to avoid the use of tax money to shore up the bank's capital: Barclays ‘raised’ ?5.8 bn in new equity from Gulf sovereign wealth investors — by, it has transpired, lending them the money! As is explained in Werner (2014a), Barclays implemented a standard loan operation, thus inventing the ?5.8 bn deposit ‘lent’ to the investor. This deposit was then used to ‘purchase’ the newly issued Barclays shares. Thus in this case the bank liability originating from the bank loan to the Gulf investor transmuted from (1) an accounts payable liability to (2) a customer deposit liability, to finally end up as (3) equity — another category on the liability side of the bank's balance sheet. Effectively, Barclays invented its own capital. This certainly was cheaper for the UK tax payer than using tax money. As publicly listed companies in general are not allowed to lend money to firms for the purpose of buying their stocks, it was not in conformity with the Companies Act 2006 (Section 678, Prohibition of assistance for acquisition of shares in public company). But regulators were willing to overlook this. As Werner (2014b) argues, using central bank or bank credit creation is in principle the most cost-effective way to clean up the banking system and ensure that bank credit growth recovers quickly. The Barclays case is however evidence that stricter capital requirements do not necessary prevent banks from expanding credit and money creation, since their creation of deposits generates more purchasing power with which increased bank capital can also be funded.
In other words, banks have been granted a loophole - not available to other businesses - to use a fiction that the banks' liabilities are really assets -which has given them a huge competitive advantage over everyone else.
No wonder banks now literally own the country ... including the entire political system.
But why don't mainstream economists understand how banks actually create money?
Economics professor Steve Keen explained last week in Forbes:
In any genuine science, empirical data like this would have forced the orthodoxy to rethink its position. But in economics, the profession has sailed on, blithely unaware of how their model of “banks as intermediaries between savers and investors” is seriously wrong, and now blinds them to the remedy for the crisis as it previously blinded them to the possibility of a crisis occurring.
A wit once defined an economist as someone who, when shown that something works in practice, replies “Ah! But does it work in theory?”
Mainstream economic models are fundamentally wrong. The theories taught in economics programs are riddled with errors. For example, they don't take into account such basic factors as private debt.
That's why the 2008 crash happened ... and that's why the economy is heading south now.
So things are going to get worse and worse until the actual manner in which money and credit are created is taken into account.
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Sun, 01/17/2016 - 02:07 | 7057312 JailBanksters
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If everybody declared themslves a Bank, then all their problems would be solved, and nobody would have to work. Working would be optional, like if you wanted a car, you have to go make it, of course you don't get paid, you just create your own money and pay yourself.
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Sat, 01/16/2016 - 22:14 | 7056953 Joebloinvestor
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I have been saying that for a long time.
To a bank, the difference between an asset and a liability is what side of the ledger page it's on.
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Sat, 01/16/2016 - 23:56 | 7057149 All Risk No Reward
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Can someone with finance knowledge clarify an issue for me?
Take a system where $20 is lent by private banks to society @ 5% interest.
After one year, society has a $1 interest liability and the private bankers earn $1 interest asset, therefore, after one year:
Society (excepting the private banking cartel) has $20 (principle) in assets and $21 in liabilities ($20 principle liability and $1 accrued interest).
The private banks have $1 asset earned as interest.
Assets and liabilities for the entire system balance at $21, but society is at a disadvantage because they have $20 to pay $21 and they will lose their real, tangible assets when they can't pay through no fault of of their own (other than being so gullible as to allow monetary fraud destroy them from within).
My question is simple... is the $1 interest asset on the bank balance sheet directly convertible to cash? In other words, can the bank simply spend it as cash even though the $20 debt hasn't been paid?
Or does $1 in actual money need to be paid to the private bank in order for the bank to monetize the asset?
Thanks in advance...
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Sun, 01/17/2016 - 01:45 | 7057281 free
free's picture
My question is simple... is the $1 interest asset on the bank balance sheet directly convertible to cash? In other words, can the bank simply spend it as cash even though the $20 debt hasn't been paid?
Or does $1 in actual money need to be paid to the private bank in order for the bank to monetize the asset?
The $1 interest is considered a receivable on the bank balance sheet.
It is not cash.
Once the interest receivable has been paid by the debtor, then the bank has "cash".
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Sat, 01/16/2016 - 21:21 | 7056791 Victory_Garden
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If you've never seen it...watch it now!
MONEY MASTERS:
The Money Masters - Full Documentary (1996) - YouTube
MOAR?
http://arcticbeacon.com/books/Eustac...he_Federal_Res...
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Sat, 01/16/2016 - 18:31 | 7056268 Onlygold1
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it's commonly known as FRAUD!, the Bank never, I mean NEVER has any skin in the game, your promise to pay the "note" is deposited as CASH see tilte 12 USC 1813(L) that's little L(l), anyways that is why all mortgages are fraud, the bank deposits your promissory note as CASH, they use it to fund the "loan"(sic) pay the seller then tell you you owe them when in fact they loaned NOTHING, NO CONSIDERATION as noted earlier by another poster, to get to the bottom you need only look at FASB 95, FASB 140(that's the off balance sheet book) and then goto OMB 2046, 2049 and OMB 2099- also FinCEN 104, which all banks must file along with IRS 8300 which shows YOU as the depositor, problem, you forgot to ask the bank for your receipt at closing, a simple look at the title company closing abstract will show you that no money is owed EVER, but hey, folks need to learn this stuff and leanr about the UCC, that's Uniform Commercial Code, whcih all banks must follow and is International Law, on commerce, but I digress-
nice to finally see Tyler and co. post something about the TRUTH of it all, no one should ever be foreclosed upon but that is another long story...
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Sun, 01/17/2016 - 00:30 | 7057196 Seasmoke
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Correct !!!. They are FRAUDCLOSURES.
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Sat, 01/16/2016 - 14:11 | 7055592 golden raccoon
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In our modern monetary paradigm, banks are allowed to create money to foster economic growth, by making loans to non-bank entities with corresponding deposit creation. This is limited only by bank capital requirements, as reserve requirements are no longer a constraint due to massive quantities of central bank reserves (e.g. Fed funds) brought forth through QE everywhere. The banks are generally not allowed to create money (make loans with corresponding deposit creation) to create a fictitious picture of their own solvency, but the Barclays/Gulf sovereign wealth fund transactions skate very close to that Frankenstein possibility. The loan to the sovereign wealth funds should only have been made based on the sovereign wealth funds' solvency independent of any future "investment" back into Barclays. The loan thus would reduce the future cash flows of the sovereign funds' economic activities which will go to the sovereign nations, as a portion of future cash flow will go to Barclays to pay off the loan. If Barclays was factoring into its underwriting of that loan cash flows that would stem from dividends paid to the wealth funds from Barclays stock, we have truly jumped the shark where banks are allowed to lend to themselves (i.e. create new money for their own use), facilitating banks ability to literally acquire all useful assets on the entire globe. If that is in fact the plan of central bankers, a citizen revolution is in order before the banks do exactly that and impoverish the entire global population.
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Sat, 01/16/2016 - 12:57 | 7055392 PoasterToaster
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Just get rid of all banking. It doesn't have any use, it's just mischief and theft.
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Sat, 01/16/2016 - 17:51 | 7056186 shovelhead
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Nothing wrong with loaning money.
Providing that it's yours to loan and that you actually HAVE it.
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Sat, 01/16/2016 - 13:18 | 7055467 One of these is...
One of these is not like the others..'s picture
Sensible comment of the day. Absolutely nailed it.
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Sat, 01/16/2016 - 11:09 | 7055089 dizzyfingers
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Non-Governmental Organizations? Role in Global Governance NGOs, with their lobbyists, activists, volunteers, and supporters, are the busy workers of the ant colony of global progressivism working for billionaires, for financiers, for government regulatory and bureaucratic organizations
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Sat, 01/16/2016 - 09:16 | 7054822 Griffin
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One of the main factors in creating systemic risk is that the power to create money out of thin air has been privatized, like so many things.
If this power would only be in the hands of state owned central banks, it could be used as a effective tool to control economies.
People are starting to see how expensive it is to society to have privately owned banks, often owned by dodgy characters, counterfeiting large amounts of money and using those funds for all kinds of projects, often designed and executed by absolute idiots.
Something needs to be done to fix this issue.
Iceland has a radical plan to redefine money - The Washington Post...
Telegraph | Error 404 | Sorry, the page you have requested is not available...
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Sat, 01/16/2016 - 08:52 | 7054770 Global Observer
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Banks always created money through double entry bookkeeping. This doesn't have anything to do with "loopholes". Even in the days when bank notes were redeemable for fixed weight of gold (i.e. gold standard), this is exactly how banks created new money, by taking the promissory note of the borrower (which goes on the asset's side of the bank's balance sheet) and giving them bank notes (which goes on the liabilities side of the bank's balance sheet). In those days the banks' leverage was determined by the reserve ratio, the ratio of the gold with the bank to the gold that can be claimed by the outstanding bank notes in circulation, since all bank notes whether issued against gold deposit or against a promissory note to repay were the same. Once off the gold standard, the reserves (the bank's deposit account balances with the Central Bank + vault cash) don't have much significance, since they can be created at will by the Central Bank unlike gold. In a fiat currency system, the leverage is determined not by reserves, but by capital adequacy ratio, which is the ratio of the shareholder capital (a term applicable to all businesses with a balancesheet) to the outstanding liabilities (deposit account balances). All the profits of the bank whih have not been disbursed as dividends increase the shareholder capital and depreciation of assets (non performing assets in the case of bank i.e. loan defaults) decrease the shareholder capital, just like any other business. One instance where banks differ from other businesses is the capital adequcy ratio requirement which demands that banks maintain a certain CAR to allow for sudden increase in non-performing assets (loans going bad). But that is not where banks are different from non-financial institutions. The major difference is in the obligation of the Central Bank to provide reserves on loan to any solvent bank (a bank whose shareholder capital is positive), meaning deposit acount balances can be converted to legal tender (cash) or transferred to another financial institution whenever a depositor chooses to. In the absence of this promise by a Central Bank, no institution can convert its liabilities (deposit account balances) into the liabilities of another (transfer to another institution or conversion to legal tender).
So it is not a loophole that allows banks to create money. It is a privilege extended to banks and only banks because they had been doing it even before Central Banking, legal tender laws etc and found to be desperately needed for a society with a growing economy that needed an expanding money supply to support the growth. Of course, that doesn't mean it is necessary in a fiat currency world. It is not too difficult to move to a system of 100% reserves where the banks must borrow every unit of currency from the Central Bank that they lend out, making the Central Bank the only institution to create money. All deposits can be moved to the Central Bank and commercial banks become pure lending institutions where any money lent is credited to the borrower's account at the Central Bank. No deposit insurance is needed, since all the deposits sit with the Central Bank, which by definition cannot fail. The way the Central Bank provides reserves to banks can also change. If it periodically creates reserves, uses part of it to pay interest on the deposits, credits some part of it to the government's account and uses the rest to buy the bonds of banks, proceeds from which they can use to lend, the banks' ability to blow up bubbles is seriously curtailed by lending recklessly, since the total volume of money available for them to lend is limited by what they can raise by selling their bonds, essentially draining liquidity from other players in the economy. There would be no systemically important banks, because regardless of their size, their failure impacts only those who bought their bonds and future lending to the economy can be routed through those banks that have not failed.
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Sat, 01/16/2016 - 12:58 | 7055399 PoasterToaster
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Was there ever really a need for more money because an economy was accidentally growing?
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Sat, 01/16/2016 - 13:25 | 7055487 Global Observer
Global Observer's picture
Economic growth requires more money or money changing hands faster (increased velocity of money). Money velocity does change, but is not a significant contributor to economic growth in the short run. Almost all economic growth comes from increased money supply, if, of course, there are resources available for economic growth. Mere increase in money supply without there being any resources available for growth results only in inflation.
Industrial revolution made rapid economic growth possible, but the supply of gold was inelastic. Banks, through fractional reserve lending, made the money supply elastic while the underlying supply of the metal remained inelastic. Everywhere this was adopted, industries could emerge and start producing on a large scale. Industrialisation would have been impossible without fractional reserve banking. That is why even as bank failures became common, industrialising societies did not shun banks, only tried to regulate them to avoid bank failures, because they performed a function indispensable to an industrialising economy. Of course, they couldn't have seen it then as I do today, but they realised that banks made possible all the new changes happening around and they wished to keep those changes and hence the banks.
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Sat, 01/16/2016 - 18:10 | 7056166 shovelhead
shovelhead's picture
So, if printing money isn't fraudulent conversion of wealth, why can't everybody do it?
Wouldn't that really help the economy?
It would certainly improve mine.
A "reserve ratio" is FRAUD. Pure and simple. No different than kiting a check hoping that your deposit makes it in on time to cover it.
Time demand can provide elasticity without fraud.
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Sun, 01/17/2016 - 00:09 | 7057169 Global Observer
Global Observer's picture
why can't everybody do it?
Actually everybody is doing it, when they borrow from a bank.
Credit has always been money. In the days before banks became popular, credit was how almost all local sales were made on and the credit was periodically extinguished by the more popular forms of money like gold and silver when the creditors came into their possession. However, the usefulness of credit was limited to the faith that a creditor had in the ability of the debtor to repay and this faith was not transferrable i.e. one creditor's faith in the ability of a debtor to repay was not useful if the debtor needed credit from a different creditor. Banks essentially acted as the institutions whose credit was transferrable i.e. a bank's credit was as good as payment for everyone else. Of course, they established this faith by promising to redeem their credit for gold upon demand, a promise that was beyond their capability to keep if all credit notes came back to them at the same time for redemption. But the key take away is not how they made money supply elastic to meet the demand for it, but that it was the elastic money supply that made greater commerce and greater wealth generation possible. That is why all societies to chose to go off the gold standard and drop the promise that cannot be kept rather than do away with banking altogether.
Money, whether gold, silver, paper or electronic, is not wealth (except in cases where gold and silver are used in jewellery, household wares and other items), it is what is used for commerce and makes wealth creation/acquisition possible. Wealth is what enriches one's life when holding it, using it or consuming it, not when disposing it off. The problem with most gold bugs is that they cannot differentiate between money's role as enabling commerce and the role of money, now defunct, in preserving purchasing power long into the future. All societies have realised that the supply of money needed for enabling commerce must be elastic for them to take advantage of the industrial age. This means it cannot be tied to the supply of anything that is not elastic. Income that doesn't need to be used immediately (only a small percentage for most people) can be used to acquire items that are likely to hold their value over long time. There is no reason why the entire money supply should be constrained by the need of a small percentage of it.
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Sat, 01/16/2016 - 16:33 | 7056018 Charming Anarchist
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Meh. If the economic growth hinges on funny money than it is bad economic growth.
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Sat, 01/16/2016 - 23:06 | 7057071 Global Observer
Global Observer's picture
If the economic growth hinges on funny money than it is bad economic growth.
Then all the economic growth seen since the beginning of the industrial revolution was bad, because it was all dependent on "funny" money.
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Sat, 01/16/2016 - 06:26 | 7054603 luckylongshot
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At last someone has got it....well done George. Now revisit Bank Bail Ins and what emerges is that they are a completely unnecessary tool that is only useful if you want to steal the public wealth.
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Sat, 01/16/2016 - 06:27 | 7054601 wiser
wiser's picture
Revealed: The truth about Barclays and the Abu Dhabi investment
Amanda Staveley earned an astonishing ?30 million fee for her role in helping to secure Abu Dhabi’s ?3.5 billion investment in Barclays in 2008, a deal on which Sheikh Mansour made a profit of more than ?3 billion. Euromoney reveals the extraordinary tale behind that trade, the battle for ?110 million in fees paid by Barclays to Mansour, and just how close-run a deal which saved the bank from part-nationalization was – which is currently the subject of an investigation by the Serious Fraud Office.
Full article: http://www.euromoney.com/Article/319...rightInfo=true
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Sat, 01/16/2016 - 00:01 | 7054194 Radical Marijuana
Radical Marijuana's picture
Philosophical
QUESTIONS:
Do the vast majority of people deserve to have been reduced to acting like impotent, incompetent political idiots?
Corollary
question:
Do the children, and their children's children, deserve to suffer the consequences of their parents, and their parent's parents, having acted like incompetent political idiots?
I state those as "philosophical questions," because the answers will make no practical difference. The vast majority of people will never bother to understand the valid points made in the article above, such as:
Banks do not just grant credit, they create credit, and simultaneously they create money. *** Basel rules were doomed to failure, since they consider banks as financial intermediaries, when in actual fact they are the creators of the money supply. *** What distinguishes banks from non-banks is their ability to create credit and money through lending. ... Although the implementation of banking services relies heavily on accounting, hardly any scholarly literature exists that explains in detail the accounting mechanics of bank credit creation and precisely how bank accounting differs from corporate accounting of non-bank firms.
http://www.conspiracyarchive.com/NWO...quiet_wars.htm
Silent Weapons for Quiet Wars
"Energy is recognized as the key to all activity on earth. Natural science is the study of the sources and control of natural energy, and social science, theoretically expressed as economics, is the study of the sources and control of social energy. Both are bookkeeping systems: mathematics. Therefore, mathematics is the primary energy science. And the bookkeeper can be king if the public can be kept ignorant of the methodology of the bookkeeping. ... In this structure, credit, presented as a pure element called "currency," has the appearance of capital, but is in effect negative capital. Hence, it has the appearance of service, but is in fact, indebtedness or debt. ... if balanced in no other way, will be balanced by the negation of population (war, genocide)... They must eventually resort to war to balance the account, because war ultimately is merely the act of destroying the creditor ... War is therefore the balancing of the system by killing the true creditors (the public ...)"
Since the debt controls are backed by the death controls, while the established debt slavery systems have generated numbers that have become debt insanities, we are headed towards that provoking death insanities, as was outlined in this article: Financial Collapse Leads To War
Given that the most probable futures are going to be the eruptions of death insanities, the only theories that might be remotely relevant to that situation would be those which might be able to survive through those eruptions of death insanities, in ways which could eventually result in the development of better death control systems, that enabled better debt control systems, within the context of radically transformed combined murder/money systems.
While the article above was superficially correct, it tends to grossly understate the seriousness of the situation that has developed for the following reasons, as historian Carroll Quigley wrote in Tragedy and Hope:
"powers of financial capitalism
had another far-reaching goal,
nothing less than to create a
world system of financial
control in private hands
able to dominate the
political system of
each country and
the economy of
the world as
a whole ..."
The powers of the sovereign states, which were originally made and maintained by the surviving War Kings, have been captured by the international bankers, who have become the Fraud Kings. Although the international bankers were able to persistently apply the principles and methods of organized crime through the political processes in order to make and maintain the astonishing "loophole" that they can legally counterfeit the public "money" supplies, while public governments enforce those frauds by private banks, by and large, NOBODY is in control of the resulting runaway systems of globalized electronic monkey money frauds, backed by the threat of force from apes with atomic bombs.
Meanwhile, the article above appeared to raise the possibility of this bogus "solution:"
Alternatively, one could argue that it would level the playing field, if the banks' current exemption from the Client Money Rules was also granted to all other firms — in other words, if the Client Money Rules themselves were abolished.
Such an alternative does not come remotely close to understanding the underlying situation that all private property was based on backing up claims with coercions, whose most abstract form was that money is measurement backed by murder. For many profound reasons, we are living inside of Wonderland Matrix Bizarro Worlds, where everything has become as absurdly backwards as possible, due to governments necessarily being the biggest forms of organized crime, controlled by the best organized gangs of criminals, BUT, which almost totally get away with publicly presenting themselves, and everything they do, in the most diametrically opposite ways possible, compared to what they are really doing.
What they are really doing matters. However, pretty well nobody understands that, nor wants to understand that! Civilization was always necessarily based on being able to back up lies with violence, which became more sophisticated and integrated systems of legalized lies, backed by legalized violence, within which social pyramid systems the private banks, that can make the public "money" supplies out of nothing as debts, which frauds are enforced by governments, are the pyramidion people, who collectively are a group of trillionaire mass murderers.
Mostly for my own amusement, I have collected links to several dozen Excellent Videos on Money Systems. At the end of that list is a link to my collection of comments upon Some Monetary System Articles. Anyone interested could scroll through that, glancing at the bold and coloured bold fonts, to see the ideas which I have highlighted regarding:
VICIOUS SPIRALS OF
POLITICAL FUNDING
ENFORCING FRAUDS.
However, I concede that there appears to be no practical point to that, since it surely seems to be politically impossible to change anything. Rather, the more one learns, the worse it gets, because the overwhelming preponderance of rational evidence and logical arguements indicate that civilization has already become terminally sick and insane, and therefore, one can only watch and wait, as that situation automatically deteriorates at an exponential rate ...
Of course, I AGREE
... things are going to get worse and worse until the actual manner in which money and credit are created is taken into account.
However, in my view, the article above was another of the typical kinds of superficially correct analysis of the problems with the political economy, which then suggest superficial "solutions." ... I recommend deeper analysis, and then more realistic resolutions of the real problems, which is consistent with that deeper analysis ... However, what is most probably going to happen instead is that the runaway systems of debt slavery, generating numbers which become debt insanities, are going to provoke death insanities ... Given that, any better theoretical understanding of the combined money/murder systems appears to be practically pointless. Fundamentally fraudulent financial accounting systems are not only driving irreconcilable social polarization, they are also driving irreparable destruction of the natural world.
That the EXISTING situation has become globalized electronic frauds, backed by the threat of force from atomic bombs, is trillions of times more criminally insane than anyone could fully imagine. Not only do the overwhelming vast majority of people not comprehend that, because they have been conditioned to not want to comprehend that, but also, even the few who do think more deeply about the central social facts, that public governments are enforcing frauds by private banks, almost always then recommend bogus "solutions" to those problems, based on the same bullshit that enabled those problems to become psychotic runaways in the first place.
I REPEAT the quote above:
"Energy is recognized as the key to all activity on earth. Natural science is the study of the sources and control of natural energy, and social science, theoretically expressed as economics, is the study of the sources and control of social energy. Both are bookkeeping systems: mathematics."
While human beings and civilization live as entropic pumps of environmental energy flows, the almost total triumph of the established political economy systems being based upon public governments ENFORCING FRAUDS by private banks MEANS that almost everyone deliberately ignores and/or misunderstands natural energy in the most absurdly backward ways possible, due to the degree that social energy is controlled through VICIOUS SPIRALS OF POLITICAL FUNDING ENFORCING FRAUDS.
After devoting the past few decades to working on the issue of POLITICAL FUNDING, I have been forced to come to the conclusion that civilization has become too criminally insane to recover from its vicious spirals, (whereby sociopolitical institutions are dominated by the best available professional hypocrites), other than by going through series of psychotic breakdowns, after which it is not clear that such a technologically based civilization will survive its contradictions, due to it being based upon being able to back up lies with violence, being amplified to astronomical sizes, due to the original systems of paper frauds, backed by gunpowder weapons, becoming globalized electronic frauds, backed by atomic bombs.
My current conclusion is that the astonishing "loophole," through which public governments enforce frauds by private banks, has created such totally fraudulent financial accounting systems that the final consequences will be that those will drive the human species to commit collective suicide, and go extinct. While I do NOT agree that they deserve that fate, at the present time, I find no good grounds to doubt that will be what eventually happens, since anything else would require series of scientific and technological miracles, which were surpassed by even greater political miracles.
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Sat, 01/16/2016 - 02:19 | 7054428 George Washington
George Washington's picture
RM, I read all of your comment. I don't mind being criticized for being superficial, and I am always open to learning ...
But I've never gotten your point that we need better "death controls". What are you talking about?
Thanks.
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Sat, 01/16/2016 - 06:31 | 7054581 Radical Marijuana
Radical Marijuana's picture
I have answered that question at least a dozen times in previously posted replies on Zero Hedge. Many of those answers I have copied into the forum thread that I linked above, Some Monetary System Articles, which I use like my personal diary, as I develop the articulation of my ideas regarding those topics.
First, some extremely abstract notions that the only things which actually exist are energy transformations, through which energy is conserved. From that point of view, there is no death, there is only the transformation of energy. Everything exists as a toroidal vortex of energy. Human beings are tubes of flesh, which are composed of infinite loops through the environment. I.e., like whirlpools or tornadoes. There is no water in the center of a whirlpool, and no wind in the eye of a tornado. Rather, there is the appearance of a toroidal vortex, which channels the flow of energy, which is perceived and defined by what it is not, as the imaginary axis which runs through it, to give apparent form to the flow.
FIRST POINT, there is no ultimate death. There are only an infinite range of possible perceptions of death, depending upon how one may relatively subtract any particular toroidal vortex from the ocean of energy in which it manifests, and which manifests through that form. The BASICS are that the death controls are central to human ecology, and the political economy is inside that human ecology. Human beings live through the alternation of generations, from egg and sperm, through fertilization, through growth to more eggs and sperm, all of which are the flow of toroidal vortices of energy systems. Civilization is much more rudimentary in its structure than the life cycle of advanced mammalian life forms. However, both human beings and civilizations live as entropic pumps of environmental energy flows. To the best of current human knowledge, and indeed, in the only way that world could be intelligible, there is conservation of energy. The only things which appear to be born, live and die are the toroidal vortices of energy flows, which may give rise to more of the same.
Whatever says "yes" to a potential is true birth control. Whatever says "no" to a potential is real death control.
Paradoxically, inside of a social reality dominated by the biggest bullies’ bullshit world view, everything gets inverted and perverted, on level after level, as one travels through infinite tunnels of deceits. Metaphorically, one may ask: “How far down the rabbit hole does Alice go?” OR “How far up the tornado does Dorothy go?”
ATTEMPTING TO UNDERSTAND HUMAN BEINGS AND CIVILIZATION AS GENERAL ENERGY SYSTEMS, MANIFESTING THROUGH TOROIDAL VORTICES, REQUIRES USING MORE UNITARY MECHANISMS, RATHER THAN RELYING UPON VARIOUS DUALITIES.
HOWEVER, MOST HUMAN LANGUAGE TAKES THOSE DUALITIES FOR GRANTED. One of the ways that language tends to be misleading is that most of what we call "birth controls" are actually forms of death controls. Hence, "family planning" tends to be euphemistically discussed in ways which do not admit and address that its "birth controls" are actually saying "no" to a potential, and thus, really death controls. Those who insist that abortion is murder may be somewhat aware of that. However, they usually are not being systematic enough to then offer what alternative death controls there should be instead. Indeed, preventing conception, i.e., the death of eggs and sperm, is also a form of death control. Overall, family planning should be placed inside the context of militarism, or the ideology of the murder systems, because everything actually is ...
The examples of real death controls are everywhere one looks. The issue is whether or not one perceives those there ... That issue is extremely problematic because all the established systems (and their controlled opposition groups) owe their relative social successes to being able to be deceitful about the real death control systems. I approach the issue of the death controls in the human cultures of artificial selection as being developed from the death controls which were always present in natural selection. At every phase of life, there are conditions which can cause relative deaths, and therefore, those conditions could be influenced in ways which change the relative death controls. However, almost all of the ways that our civilization does that is by operating through the language of the biggest bullies' bullshit, which has a deep vested interest in making sure that most people do not understand that, and moreover, feel like they do not want to understand that.
In general, as paradoxical as it may initially seem, of the two most important topics that cause social controversies (namely sex and money), money is now actually a more taboo topic than sex. The same as how, from a biological point of view, sex and death come as a package deal, so too, money and murder come as a package deal. Our society has developed a criminally insane attitude towards the ways that money is measurement backed by murder, because those who most benefit from that being the case have the most interest and means to try to make sure that the vast majority of people do not understand that, and do not want to understand that, which is why I assert that militarism is the supreme ideology, while economics is actually a subset of militarism. Obviously, the access to resources is dominated by the economic systems, and therefore, the old saying that people are controlled by food, and food is controlled by money, applies throughout, as some of the most basic ways that death controls actually operate. Mainstream economics tends to generally ignore environmental ecology, because it desperately wants to deliberately ignore human ecology.
The problem of having a genuinely more scientific society raises the issues about whether enough human beings could face the facts about death controls enough to deal with those better. Perceiving that political economy is INSIDE human ecology appears to be scientifically possible. However, all of the established systems, and their controlled opposition, are obstacles in the way of being able to do that, which is why I focus upon attempting to understand the history of warfare better, in order to promote paradigm shifts in militarism, that then would apply to the monetary system.
Militarism was always the best developed social science, with the most significant applications of social engineering. However, the degree to which success in warfare depended upon deceits and treacheries has made more scientific progress in the understanding of the death control purposes extremely problematic! Although, basically, that is as simple as that human beings kill to live, by eating other animals and plants.
One of the first sociological studies was by Durkheim, regarding how the rates of suicides in a large enough group of people followed regular patterns. That is, the rates of suicide could be studied as scientific facts. When all the conditions in a large enough group of people are included in the study, then the death controls manifested through suicides produce patterns, which theoretically could enable influencing those conditions in ways which would change those patterns regarding suicides. Similarly, with every other possible set of social facts, such as fatalities in the work places, and so on and so forth. Every decision that is ever made that changes the conditions under which people live changes the death controls. However, our society operates with a language of false fundamental dichotomies, such as by promoting the illusions that there is some magical thresholds of "safety," when there really are no such thresholds. A more scientific study of death controls is quite possible, from a theoretical point of view. However, that is in a head-on collision with the established systems of death controls which operate through the maximum possible deceits, (and that includes the controlled opposition groups, who stay within the same frame of reference.)
A vital point that I would repeat is that what we call "birth controls" are actually forms of death controls, which illustrates the ways that it is extremely difficult, within the ways that most people use language, to discuss what better death controls would be. Some of the most effective and efficient death controls are what we call "birth controls." However, obviously, that is not generally understood, and when it partially is, then the meaning of that tends to continue to be inverted. For instance, I agree that abortion is "murder." However, I assert that murder is necessary, which is the context in which I look at abortion, as well as all other forms of "birth controls." The wide-spread absurdly backward ways that most people think about "birth controls" has resulted in a lot of absurdly backward final consequences for civilization so far!
I REPEAT the abstract definitions: true birth controls are to say "yes" to something, and back that up, while real death controls are to say "no" to something and back that up. Unfortunately, a more scientific understanding of those things would require people to change the ways that they use language, to stop presuming so much upon the false fundamental dichotomies that they take for granted, while instead thinking using UNITARY MECHANISMS. I.e., life does not begin at birth, but rather alternates generations, which it has been continuing to do through evolution for hundreds of millions of years of the life of sexually reproducing animals. Therefore, from a biological point of view, life and death come as a package deal, while what our culture calls "birth controls" are actually death controls done before birth (which enables typical kinds of hypocrisies and deliberate ignorance to surround those kinds of death controls.)
There are extremely profound problems which developed as natural selection was internalized as human intelligence. After life exists, then the evolutionary ecologies which develop depend upon the death controls. That applied to how human beings and civilizations developed their forms of artificial selection, which emerged out of the history of natural selection pressures acting through human beings. As I said, the history of successful warfare based on deceits then morphed to become successful finance based on frauds. The most important form of labour was the labour that soldiers and spies did to kill each other. POSSIBLE POLITICAL PROBLEMS BECOME MOST INTENSE WHEN SOME HUMAN BEINGS KILL OTHER HUMAN BEINGS.
The ultimate problems are the death control systems, while the de facto solutions to those problems have been as deceitful as possible. The greatest of realistic political miracles would be human beings negotiating better death controls. Theoretically, those are made increasingly imperative by the convergence of the limits to exponential growth, along with the already achieved exponential growth of the development of weapons of mass destruction. BY DEFINITION, what stops exponential growth ARE the death control systems. By definition, the limits to growth must necessarily mean changes in the death control systems.
To return to the topic of the combined money/murder systems, what makes the fiat money made out of nothing as debts by private banks have value is that governments demand payment of taxes using that form of "money" being deemed to be legal tender. Therefore, it is the power of governments to collect taxes which makes that "money" valuable. However, the power of governments to collect taxes is fundamentally based upon the ways that those governments have the forces of the police and military to be ultimately able to kill anyone who resists being taxed.
Hence, the value of the "money" made out of nothing as debts by private banks, through those legal "loopholes" that allow them to "lend" that "money" to someone who agrees to "borrow" that "money," although that "money" did not exist before the borrower agreed to take out that loan. Even in ancient times, such as ancient Greece, the value of gold and silver money was backed by the death penalty for those who debased that money. Similarly, at the beginning of the American monetary system backed by gold and silver, that was also ultimately backed by the death penalty for those who dared to debase that form of money.
When one looks at all the social facts, the most consistent and complete definition of money is measurement backed by murder. Furthermore, I REPEAT, that fits within the view that all private property is based on backing up claims with coercions, and that no private property exists outside of some system of public violence. In turn, I REPEAT, that tracks back to perceiving and defining human beings as separate from their environment and each other. To the degree that subtraction is relatively correct, then those groups of human beings necessarily live as robbers in their environment.
The only things that actually exist are the dynamic equilibria between different systems of organized lies operating robberies, as various toroidal vortices, whose transformations take form as entropic pumps of environmental energy flows. All of those are metaphorically like whirlpools in the ocean of energy. That energy, to the best of current human understanding, is not created out of nothing, nor disappears to nothing, but only transforms, and transforms again ... Furthermore, without some such principle of conservation, then the world would be utterly unintelligible, and present no patterns whatsoever.
Presumably, what we are endeavouring to do is built better mental models of our world, with better mental models of ourselves within our models of our world, so that, in turn, those better understandings could enable better behavior. However, doing that runs into extreme difficulties due to the history of successful warfare based on deceits and treacheries, morphing to become successful finance based upon public governments enforcing frauds by private banks.
Social pyramid systems based upon being able to back up lies with violence have developed the biggest bullies' bullshit world views, which have become the banksters' bullshit regarding the political economy. The ruling classes have engaged in war against the consciousness of those they ruled over. That has been remarkably successful, as the manifestation of an oxymoronic scientific dictatorship, which has primarily applied all of the various advances in areas from psychology to physics, in order to get better at backing up lies with violence.
Therefore, the overwhelming vast majority of people do NOT understand how the monetary and taxation systems work, and moreover, have been conditioned to feel like they do not want to understand. That manifested through the history of POLITICAL FUNDING, whose patterns of social facts have been roughly that less than 1% of the population has pretty well paid for all the political activities, while 99% of the people have pretty well paid for none of the political activities directly (although, indirectly, they paid for the vast majority of the final effects of those political systems.)
In general, I find George Washington's articles to be well-researched and documented. I enjoyed reading the article above, as well as looking through to the embedded links. However, those articles are quite typical of almost all of the content published on Zero Hedge, which generally tends to be superficially correct, but, still profoundly wrong, due to the degree to which there continues to be too much taking for granted of the various dualities, manifesting as false fundamental dichotomies and the related impossible ideals.
What I am attempting to do is make political science more consistent with physics and biology, both of which attempt to understand everything as manifestations of general energy systems, and whose progress has primarily been based on series of profound paradigm shifts that tended to replace previously presumed upon dualities with deeper understandings based on unitary mechanisms.
Of course, when one does that enough, then that returns to my FIRST POINT above, that post-modernizing physics is re-converging with ancient mysticism. In general, it should be obvious that human beings and civilization are operating through thermodynamics and information theory, along those continua of power and information, through various cybernetic systems, whose feedback structures enable purposeful behaviors. However, not only are mistaken presumptions regarding relative dualities being treated as fundamental dichotomies common throughout all of the dominate natural languages, but also, the biggest bullies' bullshit world views have forced the history of the philosophy of science to again and again compromise with that bullshit.
Money as measurement backed by murder is a manifestation of information theory and thermodynamics. Therefore, it is of extreme philosophical importance that the entropy equations in those theories had arbitrary minus signs inserted, which has inverted the ways that almost everyone thinks about the meaning of the concept of entropy. In turn, that is extremely important due to the existence of globalized electronic frauds, backed by atomic bombs, because those depend upon the mathematical physics found in quantum mechanics and the special theory of relativity. Furthermore, that is also extremely important from the philosophical view that Energy IS Spirit, while Entropy is the scientific approach to Evil.
In particular, the most essential problem is how to operate the human murder systems after the development of weapons of mass destruction. In my view, the only possible answers to those questions would have to be approached by thinking about those political problems in ways whereby profound paradigm shifts integrated and surpassed those already achieved in physical science. In particular, the special theory of relativity, which made atomic bombs possible, was based on demonstrating that the ways we had been thinking about time and space was totally backwards. Since electromagnetic light was a form of energy, time and space changed in order that energy would be conserved. Colours existed, while light was all colours combined, while pure black was nothing. Thus, understanding electromagnetic energy through mathematical physics enabled better unitary mechanisms, which incorporated and transcended the previous dualities.
It should have also been noted that since entropy was the distribution of energy in time and space, the conceptualization of entropy ought to be inverted, or rather, we ought to have recognized that the ways that we were accustomed to thinking about entropy had already been inverted, when arbitrary minus signs were inserted into the entropy equations of information theory, following after the pattern that has been first adopted in thermodynamics.
The degree to which governments are the biggest forms of organized crime, controlled by the best organized gangs of criminals, as manifesting through the vicious spirals of political funding enforcing frauds, has been built deeply into the structure of the dominate natural languages and philosophy of science. Similarly, attempting to discuss "death controls" is extremely difficult, due to the language that people use being about as absurdly backwards as it could be. For instance, I repeat, people use the false fundamental dichotomy between "birth control" versus "death control" in ways which make no biological sense, but rather, those social conventions tend to deliberately ignore biology as much as possible.
All across the board, prodigious progress in physical science has had nothing comparable happen in political science. Indeed, just as sex and death come as a package deal from the point of view of biological evolution, so too, from a sociological point of view, money and murder come together as a package deal. Furthermore, at the present time, more radical truths about money and murder are even more socially taboo topics than more radical truths about sex and death.
As I pointed out in the famous quote above taken from Quigley, the monetary and taxation systems, whereby public governments enforce frauds by private banks, were originally made and maintained by the international bankers persistently applying the principles of organized crime through the political processes, by their paying for every possible kind of political activity, both legal and illegal, from bribery and intimidation, through to the occasional assassination of those who could not be bribed or intimidated. The legal "loophole" that exists now, as described in the article above, has deep, DEEP ROOTS!
Certainly, metaphorically speaking, it goes back to the days of Babylon. However, what I am asserting is that it goes back and BACK to the natural selection pressures which were internalized as human intelligence, which was then applied to the most important selection pressures, which were other groups of human beings, giving rise to the history of successful warfare based on backed up deceits with destruction, that gradually morphed to become the currently entrenched systems whereby public governments enforce frauds by private banks.
The effects of social success based upon enforcing frauds has resulted in civilization becoming more and more Wonderland Matrix Bizarro Worlds, where everything is dominated by professional hypocrites, in ways which become more and more absurdly backwards. The excessively successfulness of controlling civilization through the methods of organized crime has driven civilization towards manifesting runaway criminal insanities, i.e., globalized electronic frauds, backed by the threat of force from atomic bombs!
In my view, the problem with superficially correct analyses is that those then tend towards promotion of superficially correct "solutions," which actually are still based on the same old-fashioned bullshit that made those problems in the first place. In general, the prodigious progress, made through series of profound paradigm shifts in physical science, including biology, etc., have not been allowed to develop in political science.
After all, anyone who actually thinks about the astonishing "loophole" that private banks are allowed to make the public "money" supply out of nothing as debts, while that fraud is enforced by governments, is going to be driven from recognizing that on through to deeper understanding of many of the other points which I have raised above. However, the ruling classes certainly do not want that to happen, and most of those who are ruled over have already been successfully conditioned to be so ignorant and afraid that they also feel afraid to stop being so ignorant.
To sum up, in most ways, death controls are simply common sense. However, deeper understanding of those death controls requires deeper understanding of basic physics and biology, etc., in ways which can then be more consistently applied to understanding human beings and civilization. Although that is theoretically quite possible, at the present time, it continues to be politically impossible, because the entire political economy is based upon governments enforcing frauds by private banks, and that system depends upon the vast majority of people not only NOT understanding that, but also, feeling like they do NOT want to understand that.
Within that context, I commend articles like the one above, which attempt to communicate the existence of that astonishing "loophole."
HOWEVER, AS SEVERAL PREVIOUS COMMENTS ALREADY POINTED OUT, THE VAST MAJORITY OF PEOPLE, SO FAR, ARE NOT INTERESTED, DESPITE DEBT SLAVERY "LOOPHOLE" SYSTEMS MEANING THAT THEY ARE BEING ROBBED BLIND, WHILE THAT IS AUTOMATICALLY ACCELERATING TO ROB YOUNG PEOPLE AND FUTURE GENERATIONS EVEN WORSE!
THOSE DEBT SLAVERY SYSTEMS ARE BACKED BY WARS BASED ON DECEITS, WHICH ARE ALSO AUTOMATICALLY ACCELERATING, TO BECOME WORSE IN THE FUTURE ...
Meanwhile, one might wish that progress in physical sciences would have some better effects than only magnifying by many orders of magnitude the already existing scientific dictatorship, which is deliberately as unscientific about itself as it can possibly be. The wealth and power of the ruling classes is based upon their ability to continue to drive the vicious spirals of political funding to enforce frauds. Those "loopholes" are definitely NOT something that they want other people to better understand. Therefore, the schools and mass media do everything possible to promote fake education, within a fake democracy, in order that "We the People" will not be able to recapture control over the public monetary and taxation systems.
Therefore, AGAIN I AGREE:
... things are going to get worse and worse until the actual manner in which money and credit are created is taken into account.
However, my previous comments were about the deeper levels of the theory regarding "money." The social facts are that when public governments enforce frauds by private banks, then that "money" is measurement backed by murder, since those debt controls are backed by those death controls.
Better death controls should mean greater use of information, enabling higher consciousness. In turn, that should mean that enough people have a better understanding of the previous systems of paper frauds, backed by gunpowder weapons, having become globalized electronic frauds, backed by atomic bombs, and that in turn should be based upon better understanding of quantum mechanics and the special theory of relativity. Similarly, better understanding of the ways that political economy exists inside human ecology ought to be based upon better understanding of the general energy systems of environmental ecologies.
HOWEVER, AT THE PRESENT TIME, ALL OF THAT IS POLITICALLY IMPOSSIBLE, BECAUSE THE RULING CLASSES' POWER AND WEALTH IS BASED UPON THEM CONTINUING TO ENJOY THEIR "LOOPHOLE" OF MAKING THE PUBLIC "MONEY" SUPPLY OUT OF NOTHING AS DEBTS FOR EVERYONE ELSE!
Since those ruling classes have more and more enjoyed going through that "loophole" for generation after generation, while those they ruled over were more and more brainwashed to believe in the bullshit of those banksters and their buddies, the big corporations that grew up around those banksters being able to issue the public "money" supplies, the people who have been thus ruled over for generation after generation are almost totally NOT INTERESTED in understanding that "loophole." Indeed, they are generally even less interested in understanding that in any deeper and DEEPER ways.
That is mainly why the most probable predictions are that there are NOT going to be any better death control systems. Rather, what is much more likely to happen is that the debt slavery "loophole," driving runaway debt insanities, will provoke death insanities. Indeed, such death insanities are far more probably going to be the actual death control systems in the foreseeable future.
However, I do NOT want to present that as being just another articulation of the typical false fundamental dichotomies, and another call for bogus "solutions" based upon somehow realizing impossible ideals. Rather, what I am asserting and promoting are attempts to better understand how the real death control systems work, so that, perhaps, the eruptions of death insanities might develop into better death control systems.
For about 50 years I have been working upon the theory of artificial selection operating within natural selection. I do NOT regard those as being a duality, but rather, as operating through unitary mechanisms. Natural selection pressures drove the development of artificial selection systems to become based upon the maximum possible deceits and frauds. That is intensely paradoxical, because as soon as we perceive human beings as relatively separated from their environment and each other, then they must necessarily live as gangs of robbers. Therefore, governments becoming the biggest forms of organized crime, controlled by the best organized gangs of criminals, was consistent with the basic laws of nature. However, of course, that the only connection between human laws and natural laws is the ability to back up lies with violence is NOT something that the ruling classes want those they rule over to understand!
"A Loophole Allowing Banks to Create Money Out of Thin Air" is based upon integrated and sophisticated systems of legalized lies, backed by legalized violence, which operate as enforced frauds driven by the vicious spirals of political funding. HOWEVER, those in turn are based upon thousands of years of human history, and that, in turn, is based upon millions of years of the evolution of the human species.
By definition, after there is life, then the death control systems necessarily direct the evolution of that life, and direct that towards developing evolutionary ecologies within their environment. Of course, human beings and civilization have done that. HOWEVER, that has been driven by natural selection pressures to become the currently existing social pyramid systems, where the pyramidion people, as the ruling classes, specialize in being dishonest and violent, while those they rule over adapt to become ignorant and afraid, and do so in ways whereby they get stuck deeper and deeper into those ruts, so that they eventually feel too afraid to stop being so ignorant.
Therefore, the current situation that there is almost nothing but a core of organized crime (bankster controlled government) surrounded by layers of controlled opposition groups (who stay inside the same bullshit frame of reference.) Theoretically, citizens should understand that their country is necessarily an organized crime gang, operating through larger and larger scales as military organizations. Ideally, citizens should exert more control over the combined money/murder systems. Ideally, the death control systems ought to be operated by using more information, enabling higher consciousness. However, in reality, we are rushing faster and faster towards the debt slavery systems generating debt insanities, which will provoke death insanities. Of course, by definition, even such death insanities would still be death control systems.
When I discuss that there should be "better death control systems" what I mean is that there must be some death control systems, due to the chronic political problems inherent in the nature of life. Ideally, people should understand themselves better, in order to operate better death control systems. That would require better biological and sociological understanding, etc. ... However, at the present time, what actually exists are deeply entrenched systems based upon being able to continue to back up lies with violence, whereby the ruling classes have already succeeded in turning the vast majority of those they rule over into acting like incompetent political idiots, behaving like Zombie Sheeple.
If one more thoroughly understands the degree to which we are living inside of Wonderland Matrix Bizarro Worlds, where everything is publicly presented in the most absurdly backward ways by the best available professional hypocrites that dominate all of the established sociopolitical systems, which includes BOTH the ruling classes, AND the controlled opposition groups that they rule over, then it will become clearer that almost all of the bogus "solutions" proposed by BOTH the ruling classes, AND the controlled opposition groups that they rule over, are absurdly backwards.
Developing any better death control systems is stuck inside of that problematic situation. Almost all of the publicly significant debates are between different groups of professional hypocrites. Almost everything they say is based upon false fundamental dichotomies and the related impossible ideals. Therefore, the actual death control systems, as operated by the ruling classes, tend to be based upon the maximum possible deceits, while the bogus "solutions" promoted by the controlled opposition groups, which are ruled over, tend to be based upon promoting the same sorts of impossible ideals, such as that there ought not be any death control systems, or at least none that human beings are conscious of operating.
Of course, all of that repeats the same fractal patterns through the debt control systems, whereby private banks are going through the "loophole" that allows them to legally create the public "money" supply, that everyone else must use, out of nothing as debts. The rulings classes (bankster controlled governments) are professional hypocrites, that publicly present everything they are doing in the most absurdly backward ways to what they are actually doing, while the controlled opposition groups that they rule over are also professional hypocrites, that stay within the same sets of fundamentally fraudulent attitudes, so that that such controlled opposition groups promote nothing but more bullshit-based, bogus "solutions."
Since the actually existing monetary and taxation systems are debt controls backed by death controls, the only realistic resolutions to those real problems must be changes in how debt controls are backed by death controls. Indeed, that is already the case, although it currently manifests mainly as "the malignant, symbiotic relationship between big corporations and big government," as was explained in these two articles:
http://www.zerohedge.com/news/2016-0...can-government
How Corrupt Is the American Government?
http://www.zerohedge.com/news/2016-0...ecomes-rampant
Empires (Like the U.S.) Fall When Corruption Becomes Rampant
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Sat, 01/16/2016 - 14:36 | 7055678 golden raccoon
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I refuse to be stereotyped as just another "toroidal vortice of energy flow".
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Sat, 01/16/2016 - 21:37 | 7056859 Radical Marijuana
Radical Marijuana's picture
Given the time-space continuum, there is the point, the plane, the spiral and the toroidal vortex, as one, two, three dimensions, with the fourth as time.
Although there may be more dimensions (and possible alternative co-ordinate systems or frames of reference) given the obvious first three dimensions plus time, then that time space continuum demands that every energy system necessarily operates as a toroidal vortex. Of course, those toroidal vortices can be nested inside of others, such as the individual human being is a toroidal vortex living inside of a civilization which is a much greater toroidal vortex. Furthermore even the planet Earth, as well as the solar system, and onward to the galaxy are again bigger and bigger toroidal vortices. Similarly, the cells in side the body of the individual, and so forth, on down, are more levels of toroidal vortices nested inside the human individual.
I regard that as being living stereotypes.
P.S.
The first half hour section of this two hour long video has an interesting presentation of the universal significance of the toroidal vortex structure:
http://www.youtube.com/watch?v=lEV5AFFcZ-s
Thrive
http://thrivemovement.com/
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Sat, 01/16/2016 - 13:42 | 7055526 PoasterToaster
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People tend to have trouble seeing equilibria and other poetry in motion. Change in a state over time is a difficult concept for people who have been trained to see things moment by moment, each drop of time its own self-contained world.
The idea of death controls versus birth controls as energy states (or the void in the middle) tied to human volition is an interesting one. And the reversal of thought brought on by subterfuge and the limited language that results from it is probably one of the most important points of the time that has gone unexamined since Orwell.
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Sat, 01/16/2016 - 13:31 | 7055502 VWAndy
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In barter town the death controls would be rather straight forward. Produce or starve to death. Its realy not all that complicated and need not be either.
The need for death controls is a result of the system being set up as a slaveery system. A system built from the ground up on lies,treachery and deciets. A system built around free choice would not need these death controls. But instead would have this thing that does not really exsist now. That thing is something called a justice system. This death control system exsists inplace of a true justice system.
There is more than one way to skin that cat. But make no mistake the death controls RM speaks of should be replaced by a justice system.
We been forced every step of the way. At some point we must find a way to go with the free choice system based on true justice.
The stall. Barter Town. Then a truely free society based not on faith and force but on love and truths.
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Sat, 01/16/2016 - 14:07 | 7055602 PoasterToaster
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The issue is consent. Justice systems and other uses of force against people are a complete non-starter because they forego consent of the individual.
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Sun, 01/17/2016 - 01:03 | 7057240 VWAndy
VWAndy's picture
Consent was not given for this sytem to be put in place. Even if it was no person had the right to speak for people not even born yet. It was forced on us.
Besides the free shit army aint going to be happy when they have to work like a big boy for their own food.
But alas why should they have any say in any of my or your buis?
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Sat, 01/16/2016 - 07:25 | 7054662 DarAdder
DarAdder's picture
Death controls y'all
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Sat, 01/16/2016 - 01:55 | 7054408 MEAN BUSINESS
MEAN BUSINESS's picture
WE WERE ALWAYS TAUGHT that we lived in "the best of all possible worlds." The Watchmaker ruled from Crown City through the Regulators; the alchemist-priests gave us coldfire for power and light, and everything was well ordered. We accepted our various individual fates as inevitable, for we had also been taught, "Whatever happens to us must be what we deserve, for it could not happen to us if we did not deserve it." None of it seemed right to me...
RUSH / Clockwork Angels / BU2B - 12JUN2012
https://www.youtube.com/watch?v=mfuHPBUEbpo
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Fri, 01/15/2016 - 22:04 | 7054021 frankly scarlet
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Banks cannot create money by themselves. We create money as banking customers when we sign a loan agreement saying we will pay back the money plus interest for bank money created out of thin air. The bank brings nothing to the agreement in equal consideration therefore with an unsecured loan you do not have to worry about paying the bank back. There is a lot of other stuff here to do with commercial acts and statutes or maritime-admiralty law and consent and common law or law of the land and copyrighting your name as a human so as not to be confused with the registered (consent) corporate created at your birth with the filing a birth certificate et cetera.
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Fri, 01/15/2016 - 22:03 | 7054020 frankly scarlet
frankly scarlet's picture
Banks cannot create money by themselves. We create money as banking cistomers when we sign a loan agreement saying we will pay back the money plus interest for bank money created out of thin air. The bank brings nothing to the agreement in equal consideration therefore with an unsecured loan you do not have to worry about paying the bank back. There is a lot of other stuff here to do with commercial acts and statutes or maritime-admiralty law and consent and common law or law of the land and copyrighting your name as a human so as not to be confused with the registered (consent) corporate created at your birth with the filing a birth certificate et cetera.
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Sat, 01/16/2016 - 07:20 | 7054656 Global Observer
Global Observer's picture
The bank brings nothing to the agreement in equal consideration
They do. They give you deposit account balances which allowed you to purchase what you did.
therefore with an unsecured loan you do not have to worry about paying the bank back.
Sure, but you can do that only once. After that, banks will not lend you anymore of the money "created out of thin air".
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Fri, 01/15/2016 - 21:31 | 7053947 Grandad Grumps
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Are everyone's posts delayed when posting or just mine? They show as posted when I am signed in, but when I sign out, they are not show for a while ... curious (or maybe not).
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Fri, 01/15/2016 - 21:29 | 7053935 Reaper
Reaper's picture
Accounting is a protection racket. Accountants sell legitimacy certifications. A successful accountant needs to hired for next year's audit, aka as a moral hazard. Trust in government, bankers, accountants, economists or their rules/laws is a fool's folly.
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Fri, 01/15/2016 - 20:38 | 7053750 Largebrneyes1
Largebrneyes1's picture
If this were the case, the deposits would grow in sync with loans outstanding, which they don't.
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Fri, 01/15/2016 - 20:52 | 7053815 George Washington
George Washington's picture
Prove it ...
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Fri, 01/15/2016 - 18:44 | 7053266 KingTut
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Actually, bank credit creation is not shrouded in mystery as this article seems to imply. It is absolutely totally straight forward. The whole thing is a consequence of the 10% fractional reserve requirement. When somebody makes a deposit, the bank has to 'reserve' 10% of it, but they can immediately loan out the other 90%. The trick is that the loan is funded as a new deposit. Because that deposit is exactly like any other deposit, they can loan 90% of that too. Keep going (geometric series) and the original deposit gives rises to 9 times as much in new debt. One of the most elegant yet truly perverse things you'll ever encounter.
Bankers quickly realize that they don't have to go through the elborate series of loans and deposits, they can keep your deposit as the reserve and loan out 9 times as much immediately. Since they only have report their reserves quarterly, they actually go ahead and make the loan and worry about the reserves later (this is also from Steve Keen). If they come up a little short, they just borrow what they need.
Effectively banks are allowed to create money out thin air, and everyone invovled knows it. Heck, that's why you become a banker in the first place. Who needs a money tree? Picking all those bills is too much work!
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Sat, 01/16/2016 - 21:26 | 7056832 East Indian
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That is what the economics texbooks teach and that is what the banks want you to believe. But this is what the Bank of England admitted under duress:
http://www.bankofengland.co.uk/publi...terlybulletin/...
The BoE says that bankers can extend the loan first and cover it up with deposits later, and it deosn't matter. Or may be they can forget to cover up. Electronic crediting of loan helps a lot. Banks need not have to even print IOUs!
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Sat, 01/16/2016 - 15:34 | 7055865 Dwain Dibley
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Actually, that whole "money multiplier" theory as you've conveyed, is a proven crock of shit, a fiction, a lie.
Banks are neither deposit or reserve constrained in their fraudulant "loan" creation. All "loans", as with all "deposits", are book keeping entries, there is no money as defined by law involved.
Neither the Fed or the banks have the legal authority to create money, and they don't, they create credit denominated in money.
There is no law anywhere that designates the credit they do create as being a money, a currency or even a medium of exchange.
It's not money, it's debt, even when it is in your credited bank account.
http://carl-random-thoughts.blogspot.com/
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Fri, 01/15/2016 - 19:32 | 7053452 George Washington
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Related.
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Fri, 01/15/2016 - 18:31 | 7053211 JohnGaltsChild
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Charades
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Fri, 01/15/2016 - 17:19 | 7052899 12357111317
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When BEN FRANKLIN invented the lightning rod and gave it to the public instead of keeping it a privately-owned invention, the grateful British decided to honor him with a Doctorate. He sailed to England and gave a speech to the Lords and Ladies. Someone asked him how the colonies were doing, since there was at the time a Depression going on in Britain, and high unemployment. He answered that in the colonies there was full employment and no Depression. The audience was aghast, and someone asked how colonists paid for such full employment. He answered that colonists created their own IOUs, which were passed around from hand to hand until someone presented them for payment. Since everyone paid, everyone was able to issue IOUs. The audience was even more aghast, as this clearly meant that the colonists were creating their own money out of thin air. Immediately, Parliament responded by passing the first taxes on the colonists. So the American Revolution was a colonial war fought by Britain on the behalf of the Bank of England, with the purpose of keeping the Bank's monopoly on making money out of thin air.
When the colonists won the war, the Bank immediately struck back by getting ALEXANDER HAMILTON to push through the First Bank of the USA, which reestablished the Bank of England's monopoly, through its surrogate banks in the new USA, which banks are still with us and still own the Fed.
THOMAS JEFFERSON figured all this out, and schooled JAMES MADISON, who let the First Bank's charter expire, whereupon Britain promptly attacked the USA again, in the War of 1812.
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Fri, 01/15/2016 - 15:52 | 7052388 piceridu
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George excellent article.
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Fri, 01/15/2016 - 15:22 | 7052233 Lord Koos
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It's not a bug, it's a feature.
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Fri, 01/15/2016 - 15:29 | 7052277 BigRedRider
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Like Microsoft Windows 8. Failure is not an option. It comes bundled with the product.
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Fri, 01/15/2016 - 17:38 | 7052989 PrezTrump
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Name a microshit product, any product - failure is a feature.
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