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Category Archives: collectivism

Socialism, Gun Control, & Hyperinflation = Economic Collapse and National Chaos


Venezuela should be a lesson to all of America’s leftists, collectivists, and gun-control nuts.

video    00:11:54

 

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Government’s War Against Savers


Government Squeezes the Savings--and Independence--Out of People [courtesy Google Images]

Government Squeezes the Savings–and Independence–Out of People
[courtesy Google Images]

Reuters published “India’s ‘gold monetization’ scheme could have a big impact on global demand”.  According to that article:

“Last week the Indian government approved the so-called gold-monetization scheme . . . [by] creating a system in which Indians holding private gold will be able to deposit it at banks—and then earn interest on their bullion holdings.

The government plans to then make the deposited gold available to buyers across India. The aim is to reduce gold imports from outside the country, which run at nearly 1,000 tonnes yearly.

“India’s cabinet also approved a ‘gold bond’ program in which citizens will be able to buy interest-bearing bonds backed by gold, rather than owning physical gold.

Estimates are that private citizens across India hold tens or even hundreds of millions of ounces of gold—which could become available to the banking system, if the monetization program is well received.”

 

First, a metric ton weighs 2,200 pounds.  If India imports 1,000 metric tons of gold at $1,200 per ounce, they’re importing $42 billion worth of gold each year.

India’s current GDP is about $2 trillion per year. Thus, India currently spends 2.1% of its annual GDP purchasing more gold from foreign sources. That’s 2.1% (more or less) last year; 2.1% this year; 2.1% next year.  Note that US economists hope that the US economy will grow by 3% annually.  Compare that 3% hope to India’s 2.1% annual drag on their economy due to purchasing foreign gold.  You can see that 2.1% is a significant expense for an economy the size of India’s and cause for governmental concern.

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Adask on Sovereignty II


"Prof. Adask" [courtesy Google Images]

“Prof. Adask”
[courtesy Google Images]

In my recent video presentation “Adask on Sovereignty,” I argued that the Founding Fathers created a nation where each of the people were deemed to be an individual “sovereign”.  That individual sovereignty was achieved by virtue of having received our “unalienable Rights” from God—as declared in “Declaration of Independence”. 

I supported this argument, with text from the A.D. 1793 Supreme Court case of Chisholm vs. Georgia which declared in part that after the American Revolution, the American people became “sovereigns [plural] without subjects”.

If my argument is right, We the People are individual sovereigns and the government is our public servant. If my argument is wrong, We the People are subjects and the government is our master.  The argument is important.

In the aftermath of the first article (“Adask on Sovereignty”) a number of readers disputed my argument based on the fact that the Supreme Court also described the people are “joint tenants in the sovereignty”.  According to these readers the definition(s) of “joint tenants” prove that the Supreme Court did not declare the people to be individual “sovereigns” (plural) but instead confided all sovereignty to a single “collective” of which we are each a member, but only as subjects—never as sovereigns.

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“Stealth Socialism”


Rep. Alan Grayson (D-FL) [courtesy Google Images]

Rep. Alan Grayson (D-FL)
[courtesy Google Images]

Conservative Byte posted an article entitled “Dem Rep Praises Rise of ‘Stealth Socialism’ In America”.  According to that article,

“In a recent interview with Salon, outspoken progressive Rep. Alan Grayson (D-FL) hailed the rise of what he called “stealth socialism” through America’s recent monetary policy decisions.”

What does Congressman Grayson mean by “monetary policy decisions”?

He means “central planning” by the Federal Reserve System.

“Central planning” is a term that was popularized by the former Soviet Union—until it collapsed under the weight of “central planning” in A.D. 1991, ceased to exist, and plunged the people formerly ruled by “central planning” into a decade of chaos, poverty and violence.

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Democide: Mass Murder by Governments


In the 20th Century, more people were murdered by their own governments than killed by war. Governments don’t buy all those weapons merely to protect the country against foreign invaders. Governments buy those weapons in case the government has to defend itself against its own people.

video  00:02:16

https://www.youtube.com/watch?v=DGwWIEocbTQ

 

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Communism Survivor Blasts US Gun-Grabbers.


“I’ve been through it.  I’ve been there.  You people don’t know what freedom is because you’ve never lost it.”

This immigrant is a man and he deserves a huge round of applause.

video   00:04:51

 

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