Mild cluelessness?

Political correctness has turned into a witch hunt that makes the Spanish Inquisition seem preferable.

There are many, many people being persecuted because they say or think things the state has deemed dangerous.

Toronto, in particular, has become surreal. The iron fist necessary to maintain their multicultural paradise is at times shocking.

Canada has ceased being a civilized country. It is now a totalitarian dictatorship, which means it simply won't last. Expect the country to break up in the years ahead.

The important answer is: whatever the government says it is worth.

Steve Forbes is an idiot, and he simply does not understand how money functions in an advanced economy. His idealized vision has NEVER existed.

Money is the primary projection of sovereign power. When a country collapses, so too does its currency. A sovereign is only as powerful as his ability to force people to use state currency, which is usually done through taxes. This is why tax collection was so important in ancient times - it literally was the only way cohesion of large empires was maintained.

Within a generation of the Roman Empire collapsing, and hence the tax man no longer being a problem, people stopped using currency and reverted to barter. In the 19th century, the British engaged in all sorts of social engineering to get Africans to work for money. It's really a counterintuitive thing that exists only due to outside coercion.

There is zero evidence that the Economics lie of efficiency every occurred.

They have them at major train stations, like Penn Station in NYC or Union Station in DC. They usually just have bomb sniffing dogs. There are no metal detectors or anything.

Yet, nearly every liberal refuses to believe that evolution applies to humans.

The reality is in America, both parties are religious expressions of Puritanism and the Enlightenment. The only difference between Puritanism and the typical modern liberal is the latter has replaced faith in god with the notion that evolution ceased for human beings the moment they appeared on this earth.

Meanwhile, anyone who says that intelligence, temperament, and all the qualities we assign to animals are genetic in origin is crucified in the endless witch hunt to track down the racists, sexists, and homophobes who are the real reason group differences exist.

The truth is liberalism is a religion, and its adherents are going to be just as shocked once we finally figure out the specific genes for intelligence. No one is going to be able to handle it. And we are very close, which is why Watson was so persecuted.

No, he produced a certificate of live birth. These are provided to anyone, and you can get them saying you were born wherever.

The long form birth certificate signed by the doctor who delivered him was not produced until May.

Are you such an Obama fanatic that you missed this? It was pretty big news.

What precisely is the "TEA Party" working to take away from "you"?

The US is a third world country because the elite decided it was a great idea to import 50 million people from the third world. You really have no idea what you're talking about.

You really have no idea what you're talking about.

Money is whatever an elite says it is and governments have always simply created money. Taxes are what is used to force demand for said currency. They serve no other function.

Read

http://bilbo.economicoutlook.net/blog/?p=15580

It really is remarkable how the uncivilized internet "snark" has not only become so pervasive among self-hating white people eager to prove their conformity with political correctness, but it is all so similar. Literally millions of delusional, self-loathing white people use the same insulting phrases and passive-aggressive questions.

It's sort of like all the individualistic liberal youths wearing the same clothes, getting the same tattoos, and listening to the same banal music, with all of these trends foisted down our throats via twitter, et al.

When you look in the mirror, do you not realize your entire personality and everything in which you believe is little more than a cheap carbon copy of the indoctrination you willingly swallow? Do you not recognize that it is all completely transparent that the anger you feel is completely due to your own sexual frustration and inability to be a man? That you have no place in this world and can derive no sense of belonging except by pretending to conform with a negative morality that allows you only to make choices between pointless options presented to you from mass culture?

It's sad. Enjoy your porn and video games while you can.

Monetary policy is a complex thing. The short answer: Sovereign nations do not "borrow" money as you borrow money. They create money. The purpose of taxation is to create demand for money within the political sphere of influence of a given power as well as control the inflationary effects that necessarily come from money creation. Modern economies issue debt to provide financial stability, while the US has gone even further in a system some call imperialist (Read Michael Hudson's Super Imperialism). The US Empire as it exists today would be impossible without the vast issuance of debt.

But, when it comes to the ratings agencies, you'll just have to read this.

http://bilbo.economicoutlook.net/blog/?p=15580

You really need to turn of the left wing press that is funded by bankers. The "Tea Party" - i.e. the middle class - has nothing to do with this. If you really believe that, you have no ability to think critically nor have any understanding of economics, let alone social organization. You probably think our economic crisis is caused by all the racists, sexists, and homophobes too.

Read, and learn from a progressive economist more concerned with real prosperity than proving his moral superiority and participating in some weird inquisition.

http://bilbo.economicoutlook.net/blog/?p=15580

There is and never was a "disaster". The president has always had the authority to order the Treasury to create money. This was all a sham, and the only thing it teaches us is how the people are easily mislead with crisis after crisis. And it is all to make you happy and content with declining living standards and permanent debt peonage.

I read through these 1,000 comments, and it is really tragic how the so-called "left" has been completely, utterly indoctrinated with economic illiteracy in order that bankers might profit in their continued looting of this nation. While you haven't exhibited the penchant for that inquisitorial moral crusade to hunt down all the racists, sexists, and homophobic white people who are the reason the world is going to hell, I have no doubt that particular theory appeals to you as well.

The first, fundamental concept that must be understood is this: The federal government DOES NOT tax the people in order to raise revenue. There is no need. A sovereign nation with a fiat currency can create as much money as possible. While it is possible for hyperinflation to occur, that typically only happens when the money creation is much greater than economic growth or there are extraneous issues like war. That, ultimately however is the reason taxes are imposed: it is a direct way to control inflation, i.e. it is the way the government takes money out of circulations.

Now, the other more complicated matter pertains to that ratio of taxation and money creation, and why public debt is not only necessary but has always existed since the founding of the very first cities and advanced economies. Taxation MUST be less than money creation otherwise people will become poorer. The only way for personal wealth to increase is for the total money supply to increase, and the only way that can happen in a rational fashion is with a government or an entity with government powers coordinating that creation in a given social order.

If you really want to know the truth, it was the "surplus" years under Clinton that really precipitated this crisis. The immediate result was a rapid loss of incomee, which could only be remediated by massive borrowing on a personal level. This was intentional to MAKE YOU a debt slave.

Now, we have this nonsense. And why is it? Because the solution is for the government to simply print money until aggregate demand and employment returns with rational public works projects like every society has employed from Hammurabi until modern times. But to do that will 1) reduce the value of the debt holders notes due to inflation and 2) free you from their grasp.

All of this is a sham.

What's worse is the truly wealthy, the people who benefit from this high level corruption and the trillions of dollars given to the banks instead of put into public works projects don't even pay income taxes. Why? They are paid with capital instruments, and therefore pay ridiculously low capital gains taxes.

I encourage you to read the works of genuine progressive economists like Michael Hudson, and to search for the various top sites of economists who promote Modern Monetary Theory. You'll learn a lot, and realize why your specific example has zero relevance to our continually collapsing economy and only serves to make bankers richer at your expense.

Actually, the southern strategy was Nixon.

But more importantly, why is it a conspiracy for white people to organize as an ethnic block? Are you some kind of racist who thinks only certain races should have such a privilege?

I suppose you're one of those liberals who approves of newspapers not reporting the racist bent of the numerous vicious anti-white attacks by mobs of blacks that have been occurring week after week in this country. You also probably believe intelligence is not heritable.

What other fantasies do you promote? Let me guess. White people are the cause of all that's wrong in the world.