The Federal Reserve to Devalue the Dollar by 33%

The Federal Reserve announced its plan to explicitly steal from the American populace through a plan that will devalue the dollar by 33% over the next 20 years:

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.

This means that every dollar you hold will only be worth $0.67. The people most harmed by this are the poor and elderly as the poor have little purchasing power to begin with and the elderly rely heavily on savings that they accrued over their lifetimes. If somebody was able to save $1,000,000.00 over their lifetime they would only have $670,000 dollars if the currency devalued by 33%. When you combine the lesser purchasing power with the higher prices asked by vendors to makeup for the loss they experience because of devaluation you have an extremely scary picture. So what’s the solution? A commodity backed monetary unit:

An increase in the price level of 2% in any one year is barely noticeable. Under a gold standard, such an increase was uncommon, but not unknown. The difference is that when the dollar was as good as gold, the years of modest inflation would be followed, in time, by declining prices. As a consequence, over longer periods of time, the price level was unchanged. A dollar 20 years hence was still worth a dollar.

Make no mistake, this plan by the Federal Reserve is pure theft and those who hold dollars should be furious that the government granted a monopoly on issuing money to an organization. Of course if the dollar devalues dramatically the United States government enjoys the benefit of paying off its debt using less purchasing power (and since they can just increase taxes they’re not negatively affected by the devaluation).

People of Detroit are Realizing Police are Ineffective

What happens when the police fail in their duty to protect the populace? The populace gets armed for their own defense:

Justifiable homicide in the city shot up 79 percent in 2011 from the previous year, as citizens in the long-suffering city armed themselves and took matters into their own hands. The local rate of self-defense killings now stands 2,200 percent above the national average. Residents, unable to rely on a dwindling police force to keep them safe, are fighting back against the criminal scourge on their own. And they’re offering no apologies.

I say good on the people of Detroit for defending themselves. Detroit suffered from massive economic collapse due to their over reliance on the automobile industry and when the economy goes bad crime rises. When the crime rises the police are usually the first to run and hide in the safer parts of town leaving those living in the poorer parts of down in a position where they must defend themselves. The anti-gunners would rather these people be dead than have a means of defending themselves against criminals.

Caucus Results

I’m sure you’ve all read the news that Santorum won the Minnesota straw poll. While I feel a great deal of shame for my state selecting a raging homophone war monger as their current Republican choice I’m glad to report my precinct didn’t follow suit.

Ron Paul swept my precinct in both the straw poll (Ron Paul came in first with 16 votes, Santorum came in second with 11 votes, Romney made third with 10 votes, and Gingrich came in dead last with 1 vote) and delegates. The important part of this race are the delegates and the Ron Paul campaign has demonstrated great organizational ability when it comes to getting them.

Rigging Elections is Easy

Rigging elections is so easy because there are so many options available. You can use electronic voting machines that can be easily hacked, hide numerous ballots in the trunks of cars, or just redraw voting districts in the most cockamamy way possible to ensure people who support your party outnumber those who support the other party.

Minnesota’s districts are up for redrawing and has already been turning into quite the controversy. The Republicans want to redraw the districts so that the Republican Party is favored while the Democrats want to redraw the districts to that the Democrat Party is favored. Do you know what common goal the Republicans and Democrats share? Power. Neither part gives two shits about you, your rights, or ensuring fair elections are held.

Naked Body Scanner Submission to Become Mandatory in Australia

I hate the naked body scanners for many reasons but the fact that they are likely to cause cancer and invade your privacy are enough to bitch about for one post. At least here in the United States you have the option of getting cancer or sexually assaulted by an agent of the Transportation Security Administration (TSA). Australians will no longer have any options:

PASSENGERS at airports across Australia will be forced to undergo full-body scans or be banned from flying under new laws to be introduced into Federal Parliament this week.

Remember when entering the scanner you are to place the heels of your feel together and raise your right arm at a forty-five degree angle. Now be a good little slave and don’t tell the shrink where the bad man touched you, tattletales always find themselves in a secret prison camp in Cuba.

Encrypting Information is Now Terrorist Activity

The Federal Bureau of Investigation (FBI) and the Bureau of Justice Assistance (BJA) have put out a joint document [PDF] that describes suspicious terrorist activity. What constitutes such activity? The list reads like a list of common sense computer security practices:

Evidence of a residential based internet provider (signs on to Comcast, AOL,
etc.)

I’m not quite sure what this is supposed to mean but it seems to insinuate that anybody with a home Internet connection is a likely terrorist. Isn’t that kind of a catchall that labels almost everybody a potential terrorist? Wait, that’s exactly the point.

Use of anonymizers, portals, or other means to shield IP address

Using Tor? If so you’re a likely terrorist!

Encryption or use of software to hide encrypted data in digital photos, etc.

Do you try to protect your personal information from laptop thieves? If you encrypt your entire harddrive a thief can get your hardware but won’t have access to your data. Also you’re a likely terrorist.

Suspicious communications using VOIP or communicating through a PC game

Skype users are terrorists as well.

I can sum up the little propaganda piece in one sentence, “Basically, everybody is a suspected terrorist.” The propaganda piece then urges citizens to play Big Brother and collect information about any suspected terrorists and report them to your local Stasi.

Minnesota Omnibus Gun Rights Legislation is Back

I’m back in Minnesota and thus can begin posting time relevant information again. My arrival in Minnesota greeted me with some good news, last year’s omnibus gun rights legislation is back:

Last year, GOCRA worked with Minnesota legislators to introduce the Defense of Dwelling and Person Act, a sweeping set of legislation that would fundamentally rebalance Minnesota law to protect and support the rights of law-abiding citizens.

While the House bill, HF1467 passed a vote, SF1357 was tabled in order to delay a vote for one year. That year is up and the omnibus gun rights legislation is back and ready for action.

Buying the Election

In the United States you may not actually be able to buy votes but money does but you marketing and marketing has been proven to win elections. Considering this fact it appears as though Obama is sitting pretty with $81,761,012 at hand. Romney comes in a very distance second with $19,916,126 and the good Dr. Paul comes in at a an even more distant third with $3,761,886 at hand.

If money can buy elections Obama has this one in the bag… sadly.

God Bless America

Have you ever wanted to see a movie where the protagonist and a young girl go around shooting everybody that pisses them off? If you have I think I’ve found the movie for you:

This looks hilarious, but take into consideration this statement is coming from a guy who thinks the Transformers movies are great cinematography. I’m sure the anti-gunners will get their panties all in a bunch over this movie but I’ve stopped caring what they think long ago.

The Only Alternative to Capitalism is Force

Collectivists often claim that capitalism is a necessarily exploitive economic system. In their eyes they view capitalists, those who own the means of production, as exploiters who are not giving workers the full value of their labor and demand that the capitalists be overthrown and employees be granted equal ownership in the means of production. The goal of collectivists is the elimination of hierarchy, a goal that is mutually exclusive from eliminating force and coercion from society. Many collectivists never stop to consider that the only alternative to capitalism is the threat of a gun.

First let’s cover what capitalism really is. A good definition of capitalism is, “a state of affairs where two private parties are free to enter into a contract where one acts and the other remunerates.” In other words two individuals can come together and voluntarily agree to exchange goods or services with one another. Voluntary exchange necessarily requires one person being able to agree to work for another person for an agreed upon rate. Two other major components of capitalism that collectivists oppose is the private ownership of the means of production and wealth disparity. In this essay I simply plan to explain how the only alternative to capitalism is force.

Since I like examples I’m going to use one. Let’s assume we have to individuals; Murray the capitalist and Fred the worker. Murray recently spent a large portion of his wealth building a factory to produce widgets. As it currently stands the factory is unstaffed and thus unable to make any widgets so Murray needs to find somebody to run the machinery. Enter Fred, a man who is exceptionally knowledgable in the construction of widgets and currently seeking employment. Upon seeing an ad in the local newspaper Fred seeks out Murray and asks him for a job, a request Murray happily accepts. Fred and Murray make an agreement; Fred will run the widget producing machines for Murray at an hourly rate of $20.00. In exchange for $20.00 every hour Murray is receiving finished widgets that he can sell for $25.00 an hour. For the sake of easy computation we’ll assume it takes Fred one hour to produce each widget leaving Murray with $5.00 of profit for each widget sold.

The key to the agreement between Fred and Murray is the fact it was made voluntarily. Nobody put a gun to Fred’s head and said he will work for Murray nor did anybody put a gun to Murray’s head and say he will hire Fred. As this is a voluntary agreement either party can choose to terminate the agreement whenever he desires. Were a competing widget producer to offer Fred $22.00 an hour Murray would either need to increase Fred’s wage or risk losing him as an employee. Likewise if Fred becomes less productive for some reason and starts taking two hours to produce a single widget Murray has the right to fire him and find a more competent employee. What I have just described is the concept of voluntary association.

Continuing with our example we will say Murray has been extremely successful and the widget business is booming. In fact Murray is selling widgets faster than he can make them so he now believes it is time to expand his operation. Hoping to increase his output Murray hires two new employees; Alan and Karl. Both employees are paid $20.00 and hour and can each produce an additional widget for the factory every hour. Now Murray has three newly assembled widgets produced every hour that can be sold for $25.00 each. Every hour nets Murray $75.00 of which $60.00 is paid to his employees leaving him with $15.00 of profit.

Unfortunately Murray didn’t realize that Karl was a communist agitator. Karl believes that he is being exploited because the total value of his labor comes to $25.00 and hour but he only receives $20.00 an hour. Instead of terminating the voluntary agreement he made with Murray and seeking more gainful employment elsewhere Karl has decided to seize the factory from Murray.

In order to eliminate capitalism the means of production, Murray’s factory in our example, must be seized by the workers, Fred, Alan, and Karl in our example. Karl talks to Fred and Alan and tells them that he feels they are all being exploited. Fred doesn’t agree and refuses to be part of Karl’s scheme but Alan likes the idea of possibly making more money so joins Karl in his crusade. One Monday morning Karl and Alan show up to the factory before Murray and Fred to setup their picket line. Fred arrives only to be blocked from entering the factory by Alan and Karl. Finally Murray shows up and is also prevented from entering his own factory. Karl exclaims, “We have seized this factory in the name of the workers!” Murray being a sensible individuals shakes his head and says, “Karl you’re fired, please leave my property. Alan you can either go with Karl or continue working for me.”

At this point Karl and Alan have a decision to make; either they can leave the factory and let Murray find new employees or they can use physical violence to keep Murray and Fred from entering the factory. As this is a good communist takeover of the factory Karl and Alan decide to go with the latter and continue to prevent Murray and Fred from entering the factory. After some time Murray finally gets sick of the situation and tries to go around Karl and Alan’s picket line only to be physically assaulted.

From here and until the end of time Karl and Alan must use physical force to prevent Murray and Fred from once again entering the factory. Seizing the means of production from the capitalists necessarily requires the use of violence.

What other option would Karl and Alan have though? Neither one of them have the money to build their own factory so are they stuck being “exploited” by capitalists like Murray? Not at all. Instead of using physical violence to seize Murray’s factory Karl and Alan could have left, pools their money together, and build a co-op where every employee received an equal share of the profits. Under capitalism voluntary association is recognized meaning those wanting to work at a business where each employee gets an equal share of the profits is free to do so.

Now that we know how seizing the means of production from capitalists requires the use of force let’s look at another aspect of capitalism, hierarchy. Hierarchy in this case deals exclusively with wealth; some people have more wealth than others. In our example Murray, the capitalist, has more wealth than Fred, Alan, and Karl. His additional wealth is what allowed Murray to build the factory in the first place. Instead of building a factory let’s assume Murray decided to sit on his vast wealth instead.

Fred, Alan, and Karl are without work because Murray never build his factory and nobody else is currently hiring so they’re all nervous about where they will get money to feed their families. Fred and Alan were both looking at some unused land to homestead and start small farms but Karl had another idea. Karl isn’t one for doing much manual labor preferring to write long manifestos about the evils of wealth disparity. People like Murray have more money then Karl and that really pisses him off. Not getting anywhere with writing his manifestos Karl decides to take his message to the streets where he meets Fred and Alan.

Karl exclaims that it is unfair that Murray has so much wealthier while Fred, Alan, and himself go without. “All should be equal!” Karl screams. He then raises his fist into the air and says, “Let us rise up and take what is rightfully ours!” Fred, recognizing the situation for what it is, decides to have none of it and heads off to start his farm. Alan, not liking the idea of farming, decides to join Karl’s crusade.

Karl and Alan arrive at Murray’s house and inform him that all his wealth will be equally distributed amongst the three of them. Murray simply laughs at the two and slams the door in their face. At this point Karl and Alan are left with two decisions; leave and find another means of obtaining wealth or break down Murray’s door and seize his property. Once again eliminating capitalism requires the use of physical force.

In order to achieve the communist utopia described by the likes of Engels and Marx all currently held property must be seized and redistributed. Since everybody who holds property is unlikely to voluntarily surrender it the use of force is necessary. Not only is force necessary to tear down capitalism but more force is necessary to maintain it.

Capitalism is free trade amongst individuals. In other words if Murray were to exchange $50.00 for Fred’s recliner the two have entered into a free market exchange. A voluntary exchange only happens if both parties feel as though they came out better in the end. In other words Fred is trading his recliner because he values the $50.00 more while Murray values the recliner more. This phenomenon arrises from the fact value is entirely subjective. What happens if Fred continues trading his goods for money? Eventually Fred is going to have a great deal of money that can be used to buy other things. Preventing Fred from obtaining wealth will require price fixing.

If Fred purchased his recliner for $25.00 some mechanism will need to be put into place to prevent him from selling the recliner for more than $25.00 down the road. How do we prevent Murray from offering Fred $50.00 for the recliner? Once again the only option is physical force. To ensure a continuing society free of hierarchy some deal of policing will be necessary. First prices will need to be set for goods and then those prices will need to be enforced. This is where collectivist entirely falls apart.

A system of fixed prices and enforcement was established in the Soviet Union. Since goods were incorrectly valued (a problem that can never be overcome by central planning) shortages of some goods develop. In the Soviet Union food was often in short supply so black markets developed where people could trade goods they had for food they needed. The appearance of black markets occurs whenever a prohibition against a desired good is established. Prohibitions can come in many forms including government bans, artificial increase in the price of a good through central planning, and making a good appear undesirable by artificially increasing its cost through taxation.

Some people are surprised to learn that black markets for cigarettes exist in the United States. These black markets don’t exist solely because underage kids who want cigarettes aren’t legally allowed to purchase them, they also exist because the high tax on tobacco products artificially increases the cost of cigarettes. To avoid paying this artificially high prices many people stock up on cheaper cigarettes when traveling abroad or purchase cigarettes at a reduced cost from those who travel abroad. The only way to stop this black market is to monitor every package and piece of luggage entering the country for illegal cigarettes (something the United States tries to do but is unsuccessful at most of the time). When contraband is discovered it must be seized, an action that requires the use of force or the threat thereof.

Free trade, the crux of capitalism, can only be prevented by the use of force. When I say free trade I don’t merely mean the voluntary exchange of goods but also preventing the trade of a “lesser” value good for a “greater” value good (as value is subjective a “lesser” value and a “greater” value is actually impossible to quantify). Therefore it is not merely enough to stop Murray from trading Fred for his recliner but some mechanism of fixing the price of the recliner for all time is needed as well. In other words if Fred paid $25.00 for his recliner Murray must be prevented from giving anything besides $25.00 for it.

The elimination of capitalism; that is the private ownership of the means of production, wealth inequality, and free trade; can only be accomplished by the use of force. In this way collectivism is a necessarily violence philosophy unless everybody in the collectivist society voluntarily agrees to the economic system being used to replace capitalism. Proponents of collectivism such as Engels and Marx realized this last fact, which is why they argued a socialist society must first be established to “educate” the people until they believed in communism. Truthfully the word “educate” meant the same as brainwash. Reeducation camps established by many socialist nations were so named because they were used to make those being held within understand the greatness of the communist ideal. That understanding was developed by using enough force that those being held in the camps eventually broke and went along with the communist ideal just to escape the horrible conditions of the camps (of course those running the camps knew this and thus never released most prisoners).