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Kevin Wood's avatar

Mainstream voters? Those who believe all their problems will be solved by who they vote for? Therein lies the problem. Whoever they choose will be someone who plans to govern me in ways I don’t want. I just wish there was a place on the ballot that said, “Leave me alone."

Cartero Atómico's avatar

How about "None of the above" with a regulation that states if neither candidates beats none of the above they are both disqualified.

Kevin Wood's avatar

I think "None of the above" would sweep the elections.

Sluggo's avatar

I think I’ll just write myself in next election…

James ( Jim) Marshall's avatar

YES, YES, YES!

Jim MArshall

FullGrabBag's avatar

I've written my wife in as prez for the last 20 years. She could do much better than any crooked politician.

Lucas Kandia's avatar

This:

...𝙩𝙝𝙚 𝙚𝙭𝙥𝙖𝙣𝙨𝙞𝙫𝙚 𝙨𝙩𝙖𝙩𝙚 𝙝𝙤𝙫𝙚𝙧𝙚𝙙 𝙡𝙞𝙠𝙚 𝙖𝙣 𝙪𝙣𝙙𝙚𝙧𝙩𝙖𝙠𝙚𝙧 𝙖𝙩 𝙖 𝙬𝙖𝙠𝙚...𝙖𝙣𝙙 𝙨𝙚𝙣𝙩 𝙩𝙝𝙚 𝙗𝙞𝙡𝙡 𝙩𝙤 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙙𝙘𝙝𝙞𝙡𝙙𝙧𝙚𝙣.

Pretty well sums up the problem that most nations are facing. That governments - at the federal, state/provincial and municipal levels - are run without any concern for where the money is going to come from to fund their capital projects.

I finished reading an incredibly insightful little book called "You'll Pay For This" written by Michel Durand-Wood. Fabulous little book. In it, amongst other heady realizations, he writes what Bill has been saying all along - on a more micro level - 𝐭𝐡𝐚𝐭 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐝𝐨𝐥𝐥𝐚𝐫𝐬 𝐚𝐫𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐝𝐨𝐥𝐥𝐚𝐫𝐬 𝐟𝐫𝐨𝐦 𝐚𝐧𝐨𝐭𝐡𝐞𝐫 𝐲𝐞𝐚𝐫 - is an economic law that should hang above every level of government's chambers doors. This economical tenet is already known by corporations as large as Enron and as small as your neighbor's household. To remind those entering that you have to save, in order to fund future bridge building, road maintenance and yes, even aircraft carriers.

Rather than have our grandchildren's great, great, great grandchildren fund those projects with their yet unearned revenue, today.

altschule's avatar

only if we find a method of counteracting or filtering the InterNet of all the collective garbage (like the plastic in oceans) and dump it all into the tripple XXX domain as we offered to do for ICANN in 2007 but the US Congress rejected our proposal as an obstacle to the first amendment of "freedom of Speech" as the consensus was young minds should be injected with visual pollution in order to make them more ??? yes what? resistant or susceptible ? perhaps it's to late to control this technology (WWW) now but it will either drown in its own shit or find an alternative method of human communication according to the inventor Bernard-Lee ...

Jonathan CV's avatar

The public debt transaction is [as crooked as a dog's hind leg,] very different from private debt. . . . The government gets the money by tax-coercion [i.e. at the barrel of a gun, as Mises, Bonner, and Mao tse Tung for once all agree]; and the public creditors [government debt holders], far from being innocents, know full well that their proceeds will come out of that selfsame coercion [of their neighbors and children].

In short, public creditors [T-bill holders] are willing to hand over their money to the government now, in order to receive a share of tax loot in the future.

This is the opposite of a free market, or a genuinely voluntary transaction. . . . Both parties… are making agreements about other people’s property, and both deserve the back of our hand.

The public credit transaction [the national debt] is not a genuine contract that need be considered sacrosanct, any more than robbers parceling out their shares of loot in advance should be treated as some sort of sanctified contract.

CHRONICLES, July 2021, Repudiating the National Debt

Lucas Kandia's avatar

In a fiscally sustainable democratic society — you know, the one that never spends money it doesn't have — government shouldn't need perpetual borrowing simply to reconcile ordinary expenditure with insufficient revenue.

Current taxpayers should pay for current government, and governments should be accumulating reserves for predictable future capital costs rather than routinely sending those costs forward to taxpayers who haven't even been born yet.

And I don't accept the idea that taxation is simply money extracted "at the barrel of a gun." In a democratic society, taxation is part of the price of participating in a shared civic system. Ones with checks and balances, to be sure.

If you choose to live in a city, you benefit from roads, water and sewer systems, electrical infrastructure, fire protection, policing, transit, parks and the countless other things that make an urban society possible. Those things have to be paid for. You can argue endlessly about how much government should provide, how efficiently it should provide it, and how fairly the costs should be distributed. Those are legitimate debates.

But the basic principle is not especially mysterious: if we collectively choose to build and maintain the infrastructure of a city, then the people who live there have to pay for it.

The problem isn't the T-bill.

The T-bill is the receipt.

The problem is the decision that made borrowing necessary.

simon dover's avatar

Immigration is the main reason in uk and Europe voters are looking for someone who does what voters actually want heaven forbid

John Austin's avatar

What voters actually want is someone else to do agricultural fieldwork, clean up in nursing homes, shovel dirt, etc, while said voters enjoy funded retirement, or nice office jobs near the coffee machine, and low home prices, low rent and low taxes.

Any politician who promises that, can expect re-election and a great no-contributions pension, themselves. Meanwhile, they can blame the non-voting immigrants.

simon dover's avatar

No mate we don’t want our country changing before our own eyes.

Import the 3rd world become the 3rd world

Most immigrants can vote as can be seen with amount of influence Muslim supporting candidates recieve

Sluggo's avatar

“Import the 3rd world become the 3rd world”…EXACTLY!!!!

Why is this reality so hard for those on the Left to grasp?

altschule's avatar

maybe because the "third world" has not yet lost its morals ethics respect and decency like those wanting more slaves to serve them just like every previous empire ...

Tom Langdon's avatar

Your are totally correct but bleeding heart liberals cannot bring themselves understand that reality. They will cut off your nose to spite your face and belive they are the good Samaritan.

altschule's avatar

the world is always full of humans who want to PLAY God, rather than see what's not good, and take action (not words) to change, fix or clean it up ..

John Austin's avatar

Hi Simon Dover; I gather you are a Brit, so your views are just a little different to the mainly American readers, whose immigrants walk across the southern border.

Now, I agree with you, but would go further.

The decline of the British Empire, and the English culture, began with the Roman Catholic Relief Act 1829, granting Catholic Emancipation across the United Kingdom. From that time, papists, who had been properly controlled, could take government and senior office.

The decline continued slowly - from 1928, all women had the right to vote in the UK(!)

From 1948, Afro-Caribbeans, from the colonies were British citizens, and encouraged to emigrate to the UK to make up for post-war labour shortages. Yes, they were black, but fortunately mainly Protestant, not papists. So there was a little roll-back.

Fast-forward to today, and there are many Muslims, legally in Britain, and often British citizens. As you wrote, they can vote, which implies the power to slowly change British laws.

Now, I believe, as many do, that the UK should remain as it was, and any noble pure Englishman, with his DNA proving his unblemished Celtic-Saxon-Norse-French and a bit of Roman (those naughty Centurions !) ancestry, should reject change.

I would go further - I reject all the Abrahamic religions en masse, and yes, even Thor and Jupiter can go jump. I reckon we should return to the pure English druidic religion.

I would revive those rites, if only I could find a maiden pure.....I can't, for which I blame

Women's Lib, and the Pill.

Fraser M's avatar

I disagree John. Most taxpayers want those currently on benefits to do those jobs.

Unfortunately, (in the case of the UK), with benefits and minimum wage have been bid up to such an extent that only those who arent eligible for benefits (immigrants) are incentivised to dobthose jobs.

John Austin's avatar

I think that you have an idea, there.

However which politicians have the vision and fortitude to alienate a large group of benefit-enjoying minimum-wage citizen voters?

Maybe, (as well as reverting to Druidic worship, of course), it is time to revive democracy in the original Greek, where 'voters' excluded slaves, women, those not owning property, etc., and expanding such non-voters to include those enjoying benefits, or earning below a certain minimum wage.

I'll go get some more popcorn, to enjoy while I watch the show.

From a safe distance, of course.

As a side note, I see PM Burnham has suggested cancelling the 'triple lock' on state pensions (pensioners being unproductive extra mouths these days, anyway). Honest of him; Boris Johnson just ignored it a few years ago, but didn't take the politically difficult step of cancelling it.

How long before UK gets a new PM? Pass the popcorn....

Frank Westmoreland's avatar

Mr. Austin, So to you and Bill, open borders and cheap labor are the answers to a first-world country's problems? And according to studies I have seen, most illegals pouring in over the last decade or two won't do nearly as much cheap labor as their 20th Century predecessors; they instead pile into U.S. third-world cities for their generous welfare programs and live 10-to-15 in a house or apt. in those miserable, crime-ridden cities. And what about what Rush Limbaugh said way back in 2005 about how this cheap labor could be greatly lessened by a big push in robotics powered by A.I. software? Japan, So. Korea, China, Taiwan, & Singapore have tough border policies and not so surprisingly are leaders in robotics to lessen cheap labor as their populations age. But what are the globalist A.I. titans doing in the U.S.? They are pushing A.I. software, not robotics, so they can eliminate millions of middle-class jobs because the middle-class-made-jobless-and-poor, and poor immigrants (eventually made big-govt.-loving voters by leftist Dems) are much easier to control than balky middle-class folk.

And if cheap labor is so important to you and Bill, why are countries that have an abundance of peasants and cheap labor such third-world hellholes that so many of these peasants want to ironically escape?

John Austin's avatar

Hi Frank Westmoreland; Simon Dover and I are wrangling over the issues of the UK (that's why he called me 'mate'). You seem to be mostly focused on the rebellious colony across the Atlantic.

Sadly, sorting out the USA is beyond my skills, and I can only wish you the best of British luck.

James W.'s avatar

Same in Australia Simon , though not immigration per se’ but where they come from and in what numbers. Profiles have changed from immigration from South East Asia and Europe to Middle East -( being tactful) and are not welcome in large areas of traditional society and do not or rarely integrate. The culture actually is outside Australia’s successful typical multicultural society and are observed as old world , inward looking enclaves , where national benefits are gained and exploited with adherence almost totally to where they came from. Two worlds for kids are disjointed and integration does not take place over 2 generations and they become a secondary society.

Broad opinion - 70% in my view want it ceased.

Angry Icebergs's avatar

I may sound somewhat as a bigot.

However, I see the problem as simply "folks prefer their own tribe".

You randomly toss cultures, principles, customs and real people into a blender.

Dial the knob to "grind".

Why does anyone anticipate anything else but Yeeeuck....

Ed Uehling's avatar

Before you get too carried away with your mutual-destruction theory, go witness in China how disparate groups participate equally, while building wealth and overall prosperity for all—even as technology and AI loom over everyone’s future there as here. Just as Trump “proves” his superiority over everyone else, Xi embraces and includes everyone (except Taiwan). And if our war hawks would merely stop projecting their own need to pound their breasts and dominate by lying about China and encircling it with ships and bought-off politicians in China’s neighborhood, Taiwan would easily be included. Respect brings peace and massive prosperity. Hatred and superiority complexes produce what the world is witnessing and what you observe and expect, Angry.

Angry Icebergs's avatar

It is not "hatred" that starts the turbulence.

It is the absence of commonality.

We all want to belong"... be part of something good, contribute.

Hard to do if the folks around you don't appreciate your presence.

Being disenfranchized will lead to hatred.

-

You mention "respect".

Even the conceptualization of respect differs from group to group.

China wants us to "respect" it's claims to the China sea.

In so China disrespects all other claims.

Your conclusion that the CCP "embraces" everyone is in direct opposition to the reports of treatment towards the Uyghurs and other marginalized groups.

Invector's avatar

Stupid Taiwanese.

Why can't they see what they're missing by not being included in the ChiCom utopia? 🙄🙄

James ( Jim) Marshall's avatar

I think your thesis make some sense. The problem is, the politicians LOOSE their ability to become rich from the lobbyists giving them insider stock tips and big contributions. It's always about one group getting the upper hand over another group. From what I have observed in 79 years, the cycle doesn't change.

Jim Marshall

Angry Icebergs's avatar

It's always about getting the upper hand...

It's called competition.

The same impetus that divides cultures...

altschule's avatar

no it's called 'hate/envy, greed & corruption

Tom Langdon's avatar

The truth is pure and simple, but as such, it brings the bigots to the forefront.

altschule's avatar

yes birds of a feather do like to "flock" together but the permissive, promiscous perverted society manipulators love to offer the masses their addictions whatever one you use and thus all societies fall into degeneracy corruption and greed ...

Sluggo's avatar

Yep. Just the reality of it, no matter how hard the busy-bodies think otherwise.

Jimm Roberts's avatar

Change is ever present, of course. But I can't but feel that the changes Bill cites are more worrisome that any that I recall.

Foremost among my worries is our economic well being.

It's being made ever less optimistic by our elected representatives who simply refuse to so much as try spend no more than the money we remit to them.

And I can take no solace by citing another industrialized country whose fiscal discipline we should emulate: They are all in hopeless debt; Japan in particular.

This in turn reminds me of Stein's Law, "if something cannot go on forever, it will stop."

What then?

Cartero Atómico's avatar

Here's a recommendation to bring down federal spending. Let's make a deal with the Houthis and Iran. Those two forces are giving the US and Saudi Arabia problems even though they spend at least 25× less on defense. Iranian and Houthis experts can then be hired do a Doge type review of the Pentagon. Maybe they can help the Pentagon to finally pass an audit and find those missing trillions.

Kevin Johnson's avatar

"...the public may rally behind the political class once again — if a plausible new bogeyman turns up."

Mossad and the CIA will supply one.

James ( Jim) Marshall's avatar

I agree......fear is a big motivator.

Jim Marshall

Scotty's avatar

Mr. Bonner describes the new bogeyman - President Trump!!! Mr. Bonner must save us all from him and the Republicans!!!

Xavier Narutowicz's avatar

Is this AI generated? It is a jumble of discordant facts; like the 6 o’clock, local, news, designed to drive you crazy with fear induced titillating fabrications, blitzing from one exaggerated blip of horror to another.

Where is the analysis, where are the dots; seems to be a world wind of drivel sucking us into a hole of resignation, “The sky is falling, the sky is falling,” the chicken with his head cut off says as he dances around.

We should all just die in the face of this useless drivel.

Don Hrehirchek's avatar

So, You want Bill to Hold Your hand? He writes what He sees, not what You see.

Xavier Narutowicz's avatar

What does Bill see? His environment is limited. He hangs around smart people that use the system to their advantage. None of them want to jump into the fire. They are not interested in solutions.

Their minds are programmed to convince people to buy their product; it entails obfuscation.

Cartero Atómico's avatar

Bill has been preaching about the necessity to cut back the size of the federal government and federal spending for years that includes scaling back the US empire. Also, he rants about fake money and the Fed setting interest rates like the Central Planning Committee it is. Sounds like solutions to me. Any better solutions in your playbook?

Xavier Narutowicz's avatar

Maybe, I am a little upset at confusion and rant. I have been plodding through The Harvard Classics. It is 44k pages.

The first part was about God, all the classical literature.

That is the most important question. Is there a God? Is Jesus God? Did he give us a personal message of life, abundant life?

Is he The Way and the Truth?

“A man must choose, follow God or the father of all lies.”

One choice leads to truth life, the other leads to evil and destruction.

“The poor you will always have with you.” It is difficult to be poor in spirit or goods if you have the knowledge of truth. Spiritual and temporal truth are the same because everything was created intelligently by God.

Divorced from God with live in a vacuum of depravity.

Men are co-creators with free will; they can serve God and their neighbors or they can serve their putrid selves and conspire with like minded trash.

We live in an atmosphere of lies, perpetrated by those that control the reigns of power and communication. We are a people inundated by lies.

We believe the absurd. It creates enormous confusion.

With such confusion there are no solutions because there are no agreements.

Prattling about symptoms is useless.

I have now started on Adam Smith’s The Wealth of Nations. It is surprising, in an age without mass media, that one man can observe conditions and accurately depict the workings of any economy.

Our economy and society is bonkers because we cannot observe accurately and are taught absurdities that we adhere to with a violent blind faith.

We do not believe in God or choose The Word, the Truth and the way but we believe absurdities that a man can decide to be a woman.

We are all guilty; the solution begins with the decision “Whom will you serve.”

Don Hrehirchek's avatar

Bill basically lives in the same environment as You and live in ,at least from what I read on this site and the other sites He is involved in. Yes He may have money , but that is a story for another day. Glad that You did respond as this is one of the many things that I like about this letter that Bill writes .Always a learning experience.

Mackinac's avatar

You nailed it Xavier!

For me it was a wonderful word salad of confusion from beginning to end of this discussion. Just to let everyone know - If anyone brings up main stream media as a source that degrades their argument for me.

For me it is how will we deal with the debt? For half of society there is no problem because they are broke. For those with assets it is how much they can agree each should personally give up. Is there anyone in this discussion who believes there will be an agreement? Please raise your hand... OK so no one thinks there will be an agreement! Hence we wait for the collapse and see who has the best preparation. I'm not suggesting it will be an instantaneous realization.

Cartero Atómico's avatar

Exactly as our fearless leader told Tucker Carlson - In the end we all die anyway so it doesn't matter. With Vance and Rubio mentioning the End Times maybe we should all relax and have a good laugh at the folly of the human species

Mackinac's avatar

Interestingly the different stock indexes pose a stock market which is just as confused as this entire discussion. IWM, .DJT, gold are down as IXIC rises and falls during this sell off. Recently gold rises and falls without a correlation or reverse correlation to an index. Pull up a few indexes and then put up some oil, and some gld, .DJT etc. They all appear to me to be quite confused since the Iran war. Trump of course is trying to talk oil down and stocks up but movement and volume seem to disappoint that supposed desire.

Brien's avatar

The modern world is so full of propaganda, psyops(some decades old), smoke and mirrors that we are truly living in a simulacrum. Very few can separate the fly shit from the pepper. Any discussion of public affairs must begin, IMO, with an understanding that the politicians, worldwide and especially in the west, are no longer in charge. Some would say they never have been. Ronald Reagan said in 1980 that there’s no such thing as Left or Right, there’s only Up and Down. This gets at the heart of the matter. So who is in charge? Who is running this simulated realty that assaults us every day? Could it be the secret societies: the Trilateral Commission, the Council on Foreign Relations, The Bildebergs, The Club of Rome, the globalist Intelligence services(comprising East and West), the Royal Society of International Affairs, the World Economic Forum, the Bank of International Settlements and their network of giant banks, the Vatican, the Freemasons….

All of these and more represent the “Up” of Reagan’s 1980 speech. The most interesting thing about them is that they all, save perhaps the intellingce services which is the Deep State component, are comprised of the same people. Like you and me having exclusive membership to a dozen or more country clubs. At one time the very top of this group had the moniker The Committee of 300. We know who most of these people are. I find understanding what this group, individually and collectively, might be up to much more interesting than what the politicians are saying or doing, which might just be a head fake or distraction. The simulacrum, after all, must be managed.

Mark H's avatar

'Terrorists' in quote marks........I'll leave that there this morning.

altschule's avatar

Bill, nothing wrong with the "Post War Model" only the humans who perverted it slowly by permissiveness-'60, promiscuousness-'70, and perversion-'80, abhorrant-'90, and 2000 totally degenerate .. now the US and the rest of the adoring western world are reaping their rewards.

perhaps the greatest folly (sales pitch) was "From the ‘cradle to the grave,’ the expansive state hovered like an undertaker at a wake...and sent the bill to the grandchildren." My that is an almighty quote worthy of adulation and applause Bill !!! not sure if it comes from your accumulated intelligence, or a silicon based one, but either one in this age is appreciated!

Bill today's missive is an absolute GEM and worth keeping straight to the pool room in Oz but also copied/shared to all the fake media polluters who have buried another of the worlds greatest inventions .. the INTERNET .. in absolute filth garbage and degenerate noise .. ah yes but we must allow our youth access to this cesspool so they can voluntarily choose not to become addicted to what is designed to addict and destroy their innocent minds .. the sooner the better according to every US marketing propaganda since WW2 .. so keep playing the last POST !

Invector's avatar

"𝑩𝒊𝒍𝒍, 𝒏𝒐𝒕𝒉𝒊𝒏𝒈 𝒘𝒓𝒐𝒏𝒈 𝒘𝒊𝒕𝒉 𝒕𝒉𝒆 "𝑷𝒐𝒔𝒕 𝑾𝒂𝒓 𝑴𝒐𝒅𝒆𝒍" 𝒐𝒏𝒍𝒚 𝒕𝒉𝒆 𝒉𝒖𝒎𝒂𝒏𝒔 𝒘𝒉𝒐 𝒑𝒆𝒓𝒗𝒆𝒓𝒕𝒆𝒅 𝒊𝒕 𝒔𝒍𝒐𝒘𝒍𝒚 𝒃𝒚 𝒑𝒆𝒓𝒎𝒊𝒔𝒔𝒊𝒗𝒆𝒏𝒆𝒔𝒔-'60, 𝒑𝒓𝒐𝒎𝒊𝒔𝒄𝒖𝒐𝒖𝒔𝒏𝒆𝒔𝒔-'70, 𝒂𝒏𝒅 𝒑𝒆𝒓𝒗𝒆𝒓𝒔𝒊𝒐𝒏-'80, 𝒂𝒃𝒉𝒐𝒓𝒓𝒂𝒏𝒕-'90, 𝒂𝒏𝒅 2000 𝒕𝒐𝒕𝒂𝒍𝒍𝒚 𝒅𝒆𝒈𝒆𝒏𝒆𝒓𝒂𝒕𝒆 .. 𝒏𝒐𝒘 𝒕𝒉𝒆 𝑼𝑺 𝒂𝒏𝒅 𝒕𝒉𝒆 𝒓𝒆𝒔𝒕 𝒐𝒇 𝒕𝒉𝒆 𝒂𝒅𝒐𝒓𝒊𝒏𝒈 𝒘𝒆𝒔𝒕𝒆𝒓𝒏 𝒘𝒐𝒓𝒍𝒅 𝒂𝒓𝒆 𝒓𝒆𝒂𝒑𝒊𝒏𝒈 𝒕𝒉𝒆𝒊𝒓 𝒓𝒆𝒘𝒂𝒓𝒅𝒔."

Well, alt, that was as much of a gem as anything in Bill's post. 👍

Leonard Hartman's avatar

May I ask a question ? In all your access to academic wisdom, is there a way for countries to reduce their debts without an economic recession? Please share your findings.

Leonard Hartman

altschule's avatar

closest in current times is Argentina ...

JW's avatar

Too funny that the German Chancellor is Fred Mertz :) If Ethel and Lucy pitch in to help him, they might do alright!

Ed Burns's avatar

Well, whining about it certainly won't help. Opening your borders up to yahoos the world over versus a controlled meritocratic immigration isn't too bright either. How about USAID "programs" to develop good will by funding the printing and distribution of gay themed comic books in conservative foreign nations? Seriously?

Looks like we need to re-read that stuff about pegging our currency to a Gold standard once again and tariffs on imports in pursuit of reciprocal trade (you drop yours and we'll drop ours) only looks bad when your printing press doesn't print enough paper.

So, what we're left with is devaluation of the currency while reshoring and ramping up critical manufacturing to create jobs. a self-sustaining healthcare system and an effective defense.

As we contemplate this "guns vs butter" Hobbesian choice before us, we need to be mindful that this nation of ours already has over three hundred million guns in circulation, with confiscation plans sure to be contested. The free butter crowd currently railing against "whadaya got?" will surely have a tough time demanding the butter as well as the cow to be handed over to them peacefully.

Not sure what leverage those city dwellers imagine they have over the rest of us but It looks to me as though they're under the impression that simply getting elected will grant them the authority to sic the government guns on honest folks

Dan's Bolt hole project looks better every day and Bill and Tom may want to stay in Europe - or maybe not. Londonistan and the entirety of the EU is looking shaky too, albeit with fewer guns.