Messiah Seeking And Voting PDF Version
The biggest problem we have with democratic principles is that by voting, citizens are submitting to one candidate or another. In totalitarian societies, people are born in a state of submission, so my comments should not be taken as a call to do away with democracy.

There are two styles of representation Trustee Model and the Delegate Model.  In the United States, the Trustee Model is all that is used. There are no delegates in congress. With the Trustee Model, citizens opt for a candidate who works independently of the will of the electorate but is trusted to act on behalf of those he represents. Continue reading →

Understanding 2022 Mid Term Elections PDF Version
What is the fantasy free approach to politics and the mid-terms? It comes down to making assessments without the handicap of looking at the situation through the prism of fantasy.

First we must get in touch with reality. For that, I recommend reading or re-reading my recent post, The Daunting Nature Of Reality.

As it is, Americans are messiah seekers. Messiah seeking is as old as humanity. Continue reading →

How To Herd Humans PDF Version
Humans can be and are herded, basically in the same way humans herd animals. The tools are different. Humans are more sophisticated than cattle but the parallels are all present. Here is how it works.

Control animals either by offering a treat or by scaring them.

In South Texas, ranchers blow their horn when they arrive with a truckload of hay. The cows associate the horn with being fed.

Humans are controlled by offering them a treat like a government handout. Social media controls humans by offering the free stuff like a Facebook page or a no cost email address. Continue reading →

If the Inflation Reduction act is good for the United States just think how great a bill called The Wonderful Things for Children Act would be.

I answered a question on Quora a few minutes ago. I think it is a decent explanation of what the bill is.

Student Loan Forgiveness Explained PDF Version
So, where did the idea for the current student loan system come from? Do you remember the multitudes of American citizens, with signs demanding that government facilitate students getting loans for education?

Don’t feel bad if you can’t remember the  multitudes demanding a student loan program. I can’t remember either because that never happened.

On the other hand, lobbyists working on behalf of lending institutions , did what the citizens didn’t do. They lobbied for years to get congress to pass the law that created our system of financing student loans. They got the bill passed. Continue reading →

I have been on record for a number of years to the effect that I am at best neutral on gold. In other words, I don’t expect gold to serve as a hedge against a seriously down market nor be an investment that will prove profitable.

Why? In all my years of following the market, I have never known an investment that has turned out to be profitable when it has been advertised in the media as being a good investment.

For years, gold has been touted on the Glen Beck show as the be all and end all investment for an economic downturn.

There is an old investment adage that I have complete confidence in. A fortune never falls into the hands of public. Nothing that is publicly advertised as a good investment ever turns out to be one.

I wouldn’t touch gold here.

Flaws In Demand PDF Version

In a recent post, I showed how all money doesn’t function in the same way.There is natural money which is rooted in work. Then, there is political money which is parasitic.Those who wish to reap where they don’t sow , lobby for the creation of political money. Political money is then used to take a portion of natural money from those who work without producing much of anything …or nothing at all. Political money enables rent seeking. Rent in this sense is not the same as what an honest landlord receives on a home he owns. The term rentier means one who is positioned to extract income from society without working or making a contribution to society. Continue reading →

Stock Market Manipulation 101 PDF Version
Here are two images which illustrate what I describe as the eternal daily chart pattern that is generated by the ALGOS as they go about their daily practices of creating and maintaining uptrends.

One reason it is hard to get folks to understand that financial markets are perpetually manipulated second by second  is that the lives of Americans are totally manipulated in almost every aspect of their being independently of markets anyway. But really, am I the only guy in the world to notice this? Continue reading →

Modern Money Explained PDF Version
Money has always been around. At the time bartering was used, whatever was produced in excess of what the producer used, served as money. It was traded directly for something else another person produced, that was deemed worth a trade.  All kinds of commodities have been used for money.

Six characteristics of money are:

durability, portability, acceptability, scarcity, divisibility and uniformity.

Gold served as money for eons because it posses all of these six characteristics.

Interfere with any of these six attributes and whatever serves as money functions less efficiently as money. Continue reading →

I don’t know Jordan Peterson. I am a great admirer of his work.
He has a lot to say and it is generally right on the money.
In this video, he refers to “Global Utopians”.

“Global elitists” have no natural incentive to make a utopia for the good of the people. They have every incentive to capture and control the world’s factors of production. They also have every incentive to guide the thinking of the public.

As horrible as it is, academics must see the the situation as it really is.
The global utopians are not ideologically driven. This is a global crime syndicate and still much more sinister than do a group of liberal elitists pushing a socialist agenda. When and if our academics describe the global elitists as a crime syndicate, we will have made monumental progress. Continue reading →