THE OLD MAN AND THE SEA – 2011

Written in September 2011 when I still believed the country could be saved. My passion has dimmed considerably over the last five years. Libertarianism does not work during a Fourth Turning. Maybe after the death and destruction wrought by those in control, people will come to their senses. And maybe not.

 

 

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” Ernest Hemingway

“Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state.” Ron Paul

Ernest Hemingway and Ron Paul never met. Ron Paul was completing medical school in 1961 when Hemingway committed suicide at his home in Idaho. I think they would have hit it off. I stumbled across the quote from Hemingway above. Those words could have come directly out of the mouth of Ron Paul. Both men spent their whole lives seeking the truth and presenting their ideas in a blunt straightforward manner. Hemingway is one of the most renowned writers in American history, with classics such as A Farewell to Arms, For Whom the Bell Tolls, and The Sun Also Rises to his credit.

He won the Nobel Prize for literature in 1954. He constructed a new literary style characterized by lean, hard, sparse dialogue. He influenced literature and young authors for decades. As a teenager I was immediately drawn to his gritty realistic novels. There was no nonsense to his novels. They always involved man’s struggle against death and hardship. Most of his best work was done in the 1920s and 1930s, but he produced one of his finest works in 1951 towards the end of his life. Hemingway won the Pulitzer Prize for his story about an epic battle between an old man and a great marlin.

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Stucky Q.O.T.D. —– Prep or Death?

You prepped your ass off in anticipation of the Shit-Meets-Fan day. You’re ready for the Zombies. You have water, lead, and toilet paper. You will survive!!

Question: When is voluntary death preferable to surviving?

I’m talking about Siege-of-Leningrad level of survival. Will you eat your dead loved ones, just to survive? Where do you draw the line?

“Mmmm …. dinner!”

Me? I’m probably toast within half a year, tops.

I’m an asshole Boomer. I have lived at the zenith of the most prosperous nation in human history. I have lived better than Kings of any era, at least in terms of creature comforts:  I have instant access to inside plumbing, the most comfortable foam bed in history, cool air when I’m hot, warmth when I’m cold, soft clothes, comfortable shoes, the best medical care, virtually any food from any part of the world and always in abundance, gas on demand so I don’t need to gather wood, a refrigerator to preserve food (and all kinds of other nifty gadgets), transportation on rubber instead of four legs, and on and on and on.

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Salting The Economy To Death

Submitted by MN Gordon via EconomicPrism.com,

One popular delusion that won’t seem to go away is the notion that policy makers can stimulate robust economic growth by setting interest rates artificially low.  The general theory is that cheap credit compels individuals and businesses to borrow more and consume more.  Before you know it, the good times are here again.

Profits increase.  Jobs are created.  Wages rise.  A new cycle of expansion takes root.  These are the supposed benefits to an economy that central bankers can impart with just a little extra liquidity.  Unfortunately, this policy antidote doesn’t always work out in practice.

Certainly cheap credit can have a stimulative influence on an economy with moderate debt levels.  But once an economy has reached total debt saturation, where new debt fails to produce new growth, the cheap credit trick no longer works to stimulate the economy.  In fact, the additional credit, and its counterpart debt, actually strangles future growth.

Present monetary policy has landed the economy at the unfavorable place where more and more digital monetary credits are needed each month just to stand still.  After seven years of ZIRP, financial markets have been distorted to the point where a zero bound federal funds rate has become restrictive.  At the same time, applications of additional debt only serve to further the economy’s ultimate demise.

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The Death of Europe

Hat tip Gayle

Guest Post by Daniel Greenfield

 

How the Mohammed retirement plan will kill Europe.

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam.

European leaders talk about two things these days; preserving European values by taking in Muslim migrants and integrating Muslim migrants into Europe by getting them to adopt European values.

It does not occur to them that their plan to save European values depends on killing European values.

The same European values that require Sweden, a country of less than 10 million, to take in 180,000 Muslim migrants in one year also expects the new “Swedes” to celebrate tolerance, feminism and gay marriage. Instead European values have filled the cities of Europe with Shariah patrols, unemployed angry men waving ISIS flags and the occasional public act of terror.

European countries that refuse to invest money in border security instead find themselves forced to invest money into counterterrorism forces. And those are bad for European values too.

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Peter Schiff’s Father Dies In Prison, Shackled To A Hospital Bed

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Most of you will be quite familiar with Peter Schiff. Fewer of you will know much about his father, Irwin Schiff, who was posthumously referred to as the “grandfather of the contemporary tax protest movement” in Forbes.

Irwin was treated very poorly by his own country, particularly toward the end of his life when, despite being legally blind and dying of cancer, he was not permitted to die in peace amongst family members.

His son Peter wrote the following as a tribute:

My father Irwin A. Schiff was born Feb. 23rd 1928, the 8th child and only son of Jewish immigrants, who had crossed the Atlantic twenty years earlier in search of freedom. As a result of their hope and courage my father was fortunate to have been born into the freest nation in the history of the world.  But when he passed away on Oct. 16th, 2015 at the age of 87, a political prisoner of that same nation, legally blind and shackled to a hospital bed in a guarded room in intensive care, the free nation he was born into had itself died years earlier.

 

My father had a life-long love affair with our nation’s founding principals and proudly served his country during the Korean War, for a while even having the less then honorable distinction of being the lowest ranking American soldier in Europe.  While in college he became exposed to the principles of Austrian economics through the writings of Henry Hazlitt and Frederick Hayek. He first became active in politics during Barry Goldwater’s failed 1964 presidential bid. His activism intensified during the Vietnam Era when he led local grass root efforts to resist Yale University’s plans to conduct aid shipments to North Vietnam at a time when that nation was actively fighting U.S. forces in the south. Later in life he staged an unsuccessful write in campaign for governor of Connecticut, then eventually lost the Libertarian Party’s presidential nomination to Harry Brown in 1996.

 

In 1976 his beliefs in free market economics, limited government, and strict interpretation of the Constitution led him to write his first book The Biggest Con: How the Government is Fleecing You, a blistering indictment of the post New Deal expansion of government in the United States. The book achieved accolades in the mainstream conservative world, receiving a stellar review in the Wall Street Journal, among other mainstream publications.

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A Young Man Was Supposed To Be Married Today. Instead, He Will Be Buried.

In October 2007, Solomon Chau celebrated his 19th birthday in Ontario with friends. It was by pure chance that Jenn was visiting a friend, and that she wound up at Solomon’s party. Jenn would catch Sol’s eye … and two months later Sol took a more-than-three-hour bus ride around Lake Ontario during a snowstorm in December just to show up at her door and ask her out.

By spring of 2014, Sol organized a flash mob in the plaza beneath Toronto’s CN Tower and proposed to Jenn. Of course, she accepted.

 

The wedding was scheduled for TODAY — August 22, 2015. Instead, today is his funeral.

You see, in December 2014, Sol was diagnosed with liver cancer. Within 48 frantic hours, he was rushed into surgery. The doctors were able to remove the tumor which was poisoning his liver. By New Year’s Day, it seemed that everything was all right.

Except that it wasn’t. In March 2015 the cancer returned. Sol and Jenn were told that the ending was inevitable.

The story doesn’t end quite yet.

The city of Toronto rallied together behind the couple and surprised them with an unforgettable wedding on April 11, 2015. In just three days more than $50,000 was raised on GoFundMe to throw Sol and Jenn a lavish wedding. Expensive wedding vendors such as Boundless Wedding Videos (the video below), Red Earth Photography, and Liberty Entertainment Group volunteered their services free of charge.

Sol and Jenn look so happy. But, I wonder what it must feel like … to marry the love of your life, while knowing you’ll be dead a few months later. The wedding party and guests were in high spirits. Sometimes, even in the face of tragedy, it is the only thing one can be.

Today, Jenn is burying her husband of 128 days. Sometimes, life just isn’t fair.

https://www.youtube.com/watch?feature=player_detailpage&v=fUosjLn_AQg

HOPE & SORROW – THE CIRCLE OF LIFE

REPOST OF ARTICLE FROM AUGUST 2014

 

“Actual happiness always looks pretty squalid in comparison with the overcompensations for misery. And, of course, stability isn’t nearly so spectacular as instability. And being contented has none of the glamour of a good fight against misfortune, none of the picturesqueness of a struggle with temptation, or a fatal overthrow by passion or doubt. Happiness is never grand.” – Aldous Huxley, Brave New World


When you drive the PA Turnpike for 7 hours you have a lot of time to think. Our trip to Altoona was bittersweet. My oldest son is beginning his senior year at Penn State. He has his whole life ahead of him. But you never know for sure. His best friend was killed in a car accident one year ago. That tragic event has changed him. He is more serious and introspective. He is searching for a deeper meaning to life. He has downloaded a number of books about spirituality this summer.

He is worried about getting a job after graduation. His degree in Information Technology doesn’t guarantee a job. No degree guarantees a job anymore. I hope he is able to land a decent job with a decent company. He won’t be burdened with any student loan debt. That’s my gift to him. He also understands what is going on in this country. He doesn’t trust the government or the police. He has a healthy skepticism about everything in the media. Driving in a car with me for two hours a day will do that to you.

On the interminable drive, I thought about my senior year in college. It was a great time. I shared an apartment off-campus with two buddies. I had my academics completely under control, so there was plenty of time for enjoying my final days of freedom with friends. There was softball, basketball, frat parties, concerts, and many nights of drinking. Our apartment was fairly big and perfect for parties. There were many interviews with accounting firms and many rejection letters. Our biggest most drunken party was the rejection letter burning party. There were so many rejection letters among the attendees that we achieved a huge bonfire in our yard.

I graduated from college in 1986 and I had hopes and dreams that seemed achievable. Jobs were plentiful. If you took the necessary steps (CPA, MBA), worked hard, and joined the right company, a successful career in finance was there for the taking. If you invested your money in the stock market consistently, dollar cost averaging would lead to a long-term nest egg. Monetary and fiscal policy was too abstract for someone trying to raise a family and build a successful career. Accounting manager, Treasurer, Controller, Strategic Planning – next stop CFO. Politics was uninteresting to me. Life was progressing nicely until the turn of the century.

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A SENSE OF UNREST

Guest post by Bill Gross

There is accumulation there is responsibility after these there is unrest great unrest

Having turned the corner on my 70th year, like prize winning author Julian Barnes, I have a sense of an ending. Death frightens me and causes what Barnes calls great unrest, but for me it is not death but the dying that does so. After all, we each fade into unconsciousness every night, do we not? Where was “I” between 9 and 5 last night? Nowhere that I can remember, with the exception of my infrequent dreams. Where was “I” for the 13 billion years following the Big Bang? I can’t remember, but assume it will be the same after I depart – going back to where I came from, unknown, unremembered, and unconscious after billions of future eons. I’ll miss though, not knowing what becomes of “you” and humanity’s torturous path – how it will all turn out in the end. I’ll miss that sense of an ending, but it seems more of an uneasiness, not a great unrest. What I fear most is the dying – the “Tuesdays with Morrie” that for Morrie became unbearable each and every day in our modern world of medicine and extended living; the suffering that accompanied him and will accompany most of us along that downward sloping glide path filled with cancer, stroke, and associated surgeries which make life less bearable than it was a day, a month, a decade before.

Turning 70 is something that all of us should hope to do but fear at the same time. At 70, parents have died long ago, but now siblings, best friends, even contemporary celebrities and sports heroes pass away, serving as a reminder that any day you could be next. A 70-year-old reads the obituaries with a self-awareness as opposed to an item of interest. Some point out that this heightened intensity should make the moment all the more precious and therein lies the challenge: make it so; make it precious; savor what you have done – family, career, giving back – the “accumulation” that Julian Barnes speaks to. Nevertheless, the “responsibility” for a life’s work grows heavier as we age and the “unrest” less restful by the year. All too soon for each of us, there will be “great unrest” and a journey’s ending from which we came and to where we are going.

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MY FATE

I thought my 90 minute commute into work was bad yesterday. My 2 hour and 10 minute commute home made me appreciate the commute in. I spent 3 hours and 40 minutes traveling 60 miles. It’s days like yesterday that slowly but surely kill me. Only 10 or so years until retirement. Robmu1 and I always joke about retirement and how death will follow shortly thereafter. He sent me this Dilbert today.

The Official Dilbert Website featuring Scott Adams Dilbert strips, animations and more