Thus a “deal” between the “executive” president obama of the ussa and their senators – referred to as “lawmakers”! – indicates VOTE TRADING, which is the "buying-and-selling of votes."
The obamanomics of “raising taxes on the wealthy” is a sign of SHEER IGNORANCE – which, when coupled with increasing the outlay on unemployment doles amounts to SHEER INCOMPETENCE – not only on the part of the executive, but also all these lawmakers – since expropriation of the investible surpluses of the rich will only ADD to mass unemployment among poor workers, who have no investible surpluses themselves!
These GROSS ERRORS in both Law as well as Economics reflect very poorly particularly on the university of chicago, where obama was Professor of Constitutional Law – from where friedmanites continue to preach “positivism” in Economics – and which also bandies about its very own doctrine on the “Law & Economics Interaction."
Thus, the other metaphor – of a “fiscal cliff” – well, all I can assert is that any KID can SAFELY rappel down the White Cliffs of Dover – with one hand behind his back, that too.
Instead, what ALL these ignoramuses and incompetents from their Laputa-on-High are attempting to foist upon wee the sheeple is the “vision” of a huge big PIE-in-the-SKY far above Laputa, from which “trickle-down” benefits will shower down.
This, of course, is precisely what the grand DELUSION of MACROECONOMICS is all about.
As for MICROECONOMICS – bereft of any FOUNDATION in the “logical categories of the trading human mind” – it only “serves” to REINCFORCE all the grand delusions of the macro – which is why BOTH rely upon the very-same “intersecting curves of demand and supply” in order to DELIBERATELY MISTEACH the most important Science ever known to Man – that which lies at the very “pith of civilisation.”
So, the other noose about governor subbarao of the rbi (and the ias) taking charge of the central bank’s Department of Macroeconomics – it’s nothing but another pie-in-the-sky from another laputa-on-high – which is why an army of “fund managers” featured prominently in my Daily Business Noose of today is “marching” to the massed-bands of EQUITY.
This, while their lead editorial pontificates on the “balance-of-payments crisis” – which will surely WORSEN as the exchange value of the paper rupees keeps on FALLING vis-à-vis all the other fiat paper currencies of its “trading partners.” This should actually MEAN “false currency trading partners” – because we are most certainly NOT trading in “goods & services.”
For example, they have RAISED customs duties by 35% - no less! – on the IMPORT of some electronic stuff from China – because it is coming in “too cheap” – in order to “protect” two domestic manufacturers of the same – which means that CONSUMERS who will now fork out more for these will also have to fork out more in TAXES for the GUNS of the Customs Department – for “tariff revenues” will FALL – because trade will HALT! – implying once again that the “executive powers” to impose tariffs is being EXPLOITED – same as with the “tariff WALLS” they have erected against imports of wines, of used automobiles, et. al. Tariff walls mean ZERO TRADE and consequently ZERO REVENUE.
Wee the sheeple SCREWED as consumers – with the fascistic duo of cronies-and-ministers “sharing the spoils” – and then, SCREWED ONCE AGAIN when TAXES must be RAISED FURTHER!
FUCKIN’ HELL!
It’s the same story with tariffs on the import of GOLD & SILVER – which is precisely why I argued in favour of SECESSION along the coast and then, the SMUGGLING of gold into the hinterland by these entrepôts. And I am overjoyed to see that this post has risen to the very top of my charts so bloody fast.
Thus, it follows that WOMEN in unsafe cities like Delhi should NOT apply for “gun licenses” – and simply buy them much, much CHEAPER from the good ol’ BLACK MARKET.
Because, even here, we do have much noose on the personnel of laputa-on-high making “arrangements” for “public safety” – of course, forgetting all about ROAD SAFETY, just as they have always done – and this CRAP begins from the laputaest-on-highest:
- that is, the UN Secretary-General as also India’s representative on the UN’s “human rights” Commission making NOISES
– to the Union Home Secretary setting up some “high-powered committee”
– to the Delhi chief minister commissioning a new telephonic “helpline” especially for WOMEN
– to the former UN bureaucRAT now Education Minister shashi tharoor arguing in favour of a “new rape law” – as in LEGISLATION – like WSJ calling US senators “lawmakers” while all they were doing is “trading votes” – which is EXACTLY how all “interventionist legislation” is passed!
Do they have any "track record" of having ever "delivered" anything at all to anyone - for even their false philanthropy of welfarism fails when it comes to their so-called "delivery mechanism."
So, you could opt for them - in which case, whenever danger strikes, pick up your mobile phone, dial the "helpline" number, and...
On the other hand, you could ALSO carry around this sexy little Beretta semi-automatic pistol!
Cheap - from the Black Market!
Dunno 'bout you - but I would certainly GO for this SEXY Beretta.
Back to the US "fiscal cliff deal":
All this was PREDICTED by Ludwig von Mises in the 1940s – when, soon after fleeing to America – and then, securing for himself an appointment in their National Bureau of Economic Research (NBER) – he penned a new Critique on Interventionism in German – one that was faithfully translated into English by two of NBER’s own staff – a new Critique on Interventionism WARNING AMERICA that this would DESTROY DEMOCRACY - but then, NBER REFUSED to publish it – and Mises’ services were RUDELY TERMINATED – which is why we are Very Fortunate Today that this POSTHUMOUSLY PUBLISHED document is available free online for the whole of mankind to derive valuable lessons from – considering the FACT that Democracy in America is what makes the study of Alexis de Tocqueville COMPULSORY worldwide for all those unfortunates who undertake the “paper chase” of a University Degree in Political Science.
Remember: Economics is The Science – while Politics is HISTORY.
Thus, the very NAME of The London School of Economics & Political Science indicates ERROR – the deliberate error on the part of English Fabian Socialists who wanted to promote the false doctrines of what they called “Scientific Socialism” – this, while deliberately FALSIFYING ECONOMICS, of course.
And it SHOWS, doesn’t it? – when we SEE all the LONG QUEUES of the UNEMPLOYED outside all their “dole” bureaus.
Welfarism + Keynesian “macroeconomics” = Cheating the Working Classes as SAVERS while pursuing The Ugly Vote Motive on False Pretexts + the added DESTRUCTION of “industrial relations” by fomenting “class war” – thereby LOWERING private investments as well as employment – destroying not only the “body politic” but actually causing DECIVILISATION.
The Daily Noose – well, the pictures HERE are of Even Longer Queues outside Nursery Schools! Of parents seeking admissions for their tiny-tots.
RAT RACE!
You got the horse race,
You got the dog race,
You got the Human Race –
But this is The Rat Race!
(Mr. Marley, of course!)
Race Course Road – is where manmohan resides – which is why this has been CLOSED for the sheeple for well-over-a-decade now!
Well, I am suddenly reminded of the time - quite a long time ago, actually - when, in The West Bar directly opposite manmohan’s official residence, I raised a toast by singin’:
Tere ghar ke saamne.
Bloody Mary piyenge.
Woh bhi udhaar mein!
There are WITNESSES to this – of course! – most important of them being my old friend and guest at the bar, with whom I did raise this toast - and not excluding the Good Ol’ Bartender, Mr. Ram Avdesh – as also a former Secretary of that Institution – who, when he heard the last line, couldn't but help LAUGHING-OUT-LOUD – thereby splattering all the beer inside-his-mouth all-over-the-poor-bartender, Mr. Ram Avdesh – who remained his smiling, non-plussed self – enjoying My Good Joke – on CREDIT!
Well, CLUBS where members can drink-and-sign – they do have a Monthly Defaulters’ List, don’t they?
And my Good Ol' Bartender - of much older vintage in that club than me - ought to remember well another occasion around the same time - and all this was when pratibha patil was President of India - and I was alone at The West Bar - as I usually am - during which time I explained fully well to Ram Avdesh how pratibha patil was a DEFAULTER - for she did BANKRUPT her very own "co-operative bank" - and was, of course, BAILED OUT by the Cartel Boss, the RBI - but NOT fully - of course! - and many, many of her DEPOSITORS LOST!
So, figure-it-out-for-yourself:
What does SOVEREIGN DEBT DEFAULT mean?
Precisely in the Rousseauesque Social Contract sense?
CONTRACTS - are "private law" - and it is with the VIOLATION of the CONTRACT on the currency note that this SOCIAL DEFAULTER began his SERIOUS FRAUD - fully backed by armies of "macroeconomists."
Yeah, there was another article, with a picture, in my Daily Business Noose – of all these oh-so-very-professional COACHING INSTITUTES that “train” the young such that they clear all the oh-so-very-COMPETITIVE-examinations for ADMISSIONS into some paper-chase-or-the-other – same as the Nursery tiny-tots – RATE RACE! – and then, THINK!:
Why the FUCK don’t these CRONIES want to COMPETE?
It’s FASCISM!
In which chicago univershitty as well as the lse – plus all the REDbrick and Poison Ivy League univershitties of here-and-there - plus each and every MBA factory – are ALL “complicit” – as in the much-hated expression:
NAZI COLLABORATOR.
All the VILLAINS-in-the-PIECE are there for all to see:
Marshall, Edgeworth, Keynes, Robinson, down to Sraffa - and including HAYEK, as this video shows him "analysing" Keynes' errors - but employing the very same "analytical framework" to do so - the same "language" - like AGGREGATE DEMAND - and while the guys at EPJ say "Hayek is pretty solid here" I do affirm he's solid alright - but on the WRONG SIDE! - the side of GROSS ERRORS!
amartya and manmohan - both trained keynesians from cambridge - and in my time, all the "elite schools" in India received curricula and certification from cambridge - a DANGER that is now continuing with the International Baccalureate!
piero sraffa - the "guru" of governor subbarao's alma mater, the ias academy.
Anyway, there's this truly wonderful EPJ post on this "fiscal cliff deal":
$1 spending cuts + $41 in tax increases!
FUCKIN' HELL!
Unlimited Budgets + Unlimited Legislationism + Unlimited Interventionism = Failure of Western Liberal Constitutionalism & Western Liberal Democracy.
KNOWLEDGE FAILURE lies behind it all - deliberate, actually, deliberately caused by all these fucked-up univershitties.
obama - and bernanke - they PERSONIFY these univershitties.
So, here's one suggestion for a future lead editorial from my Daily Business Noose:
Privatise the Mint!
Why not?
Would competing private mints ever go-on-and-on "earning" negative seignorage?
And what does negative seignorage for a State Mint MEAN for the poorest saver - who saves in COIN.
What else is there for me to say?
RE-EDUCATE yourselves – teach your own children WELL – for we are witnessing the complete and total failure of both “liberal constitutionalism” as well as WESTERN “liberal democracy” – the complete and total failure of both Macroeconomics as well as Microeconomics – the so-called “neo-classical synthesis” – and both Say’s Law as well as the Old Quantity Theory of Money are CLASSICAL “political economy.”
But don’t let is bring you down,
It’s only castles burning,
Find someone who’s turning,
And you will surely come around.
One Last Word:
The lead editorial in today’s Times of India – has been penned by a NAZI COLLABORATOR – arguing in favour of the SOCIAL DEFAULTER “investing” in PUBLIC TRANSPORT – in each-and-every-city-and-town-all-across-this-extremely-vast-subcontinent?
FUCKIN’ HELL!
Ever heard of PRIVATE TRAMWAYS, you stoopid fuckers?
There’s a REASON for this – and I found it in HT Business – that laputa-on-high is going to shower down some Rs. 200,000 crores (1 crore = 10 million) in JNURRM funds for this purpose in the Next Five-Year Plan – a brief report that added all our BUS-MANUFACTURERS are “actively lobbying” for:
What else?
But this FASCISTIC WINDFALL.
Well, they sure are NOT among those who are turning as these castles are burning – and remain firmly in the RAT RACE:
To The Rat Race Course Road!
