One of the primary missing ingredients is the acknowledgment that wealth is not generated from the
GOVERNMENT and PUBLIC sectors; in fact, they are the destroyers of it.
“Government spending cannot create additional jobs. If the government provides the funds required
by taxing citizens or by borrowing from the public, it abolishes on one hand as many jobs as it creates
on the other”…
-Ludwig Von Mises
Unfortunately one other CRITICAL difference is also left unsaid, so I will say it: most of the jobs in the private
sector “produce more than they consume” and create wealth (otherwise the business goes bankrupt), and ALL
of the jobs created by government “consume more than they produce” and represent a never-ending
DESTRUCTION of wealth and capital. They must continuously be supported by more taxes and borrowing
from the producing sectors of the various countries. One needs look no further than the ETHANOL industry to
see this in action.
Such as, reducing the seed corn CAPITAL from the private sector - entrepreneurs require this to create
new and innovative
businesses, which provide “MORE FOR LESS” as rising new competitors put crony capitalists OUT OF
BUSINESS. In the G7, this cannot be countenanced. What would: GM, Chrysler, Wall Street and the biggest
banks, AIG, Fannie Mae and Freddie Mac, Airbus, GE and soon the public health insurance option do if they
were not protected by LEGISLATORS? Since 1998, Wall Street and the big banks have contributed OVER
$1.8 billion to REELECTION campaigns. What did they get? PROTECTION from their own mistakes
(privatizing profits and socializing the losses) and new competitors… They get the profits and their mistakes
are paid for by You, Me and our children, better known as the public.
Look no further than the new financial regulation bill, no doubt written in the executive offices of the Big
Banks and Brokerages, creating a new class of too-big-to-fail firms, which are NEVER going to be reduced to a
size which is not threatening to the public. This allows them to take even bigger risks, firm in the
knowledge that government has ENSHRINED into law that they CANNOT FAIL. Those financial
institutions outside this SAFETY net then become the PREY of the government-supported entities,
such as JP Morgan, Goldman Sachs\ and Morgan Stanley. All the while, letting lose a plague of locusts
on their smaller competitors (government regulators) so they can no longer be challenged in the
MARKETPLACE, as their competitors fall under the brass knuckles of UNCLE SAM. Bought and paid
for on a regular basis…
CORRUPTION
“All political thinking for years past has been vitiated in the same way. People can foresee the future
only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they
are unwelcome. Political language... is designed to make lies sound truthful and murder respectable, and
to give an appearance of solidity to pure wind.” - George Orwell
Ditto the INVESTIGATION in OIL speculation, lead by a former Government, er… Goldman Sachs partner;
a farce, as they guide the coming boom in the commodity sector into the hands of the CORRUPT big banks
and brokers on Wall Street (JP Morgan, Morgan Stanley, r Goldman Sachs) who form a chorus of support.
Isn’t it interesting that not once during this hearing did the fact come up that the dollar has lost half its
purchasing power in less than 10 YEARS?
When some of the biggest commodities banks and brokers in the world support this, you KNOW the fix
is in! They are fixing it so their emerging competitors cannot do what they will be allowed to do. To see
how HORRIBLY corrupt and compromised the current residents of Washington D.C. are, take a look at this
recent report by Glen Beck: http://www.youtube.com/watch?v=khGZ3a4zTNU. A press leak occurred during
the hearings and they are REWRITING a report from last year by the regulators with ALL NEW
POLITICALLY CORRECT conclusions, rather than those presented last year by the Government. With
respect to MONETARY DEBASEMENT, this is nothing less than trying to KILL THE CANARY IN
THE COALMINE, just as they have done to GOLD for years…..
Their policies destroy EVERYTHING required to create expanding incomes, new businesses and economies
and redirect it to their FRIENDS and SUPPORTERS under the guise of SAVING you. The fact that the
majority of people in the United States and the G7 do not understand this is testimony to the abject failures
that the public school monopolies have become. They teach nothing but ignorance, misinformation and
socialism. Although for our socialist masters in G7 governments, this marks the pinnacle of success. It allows
them to operate in the open since their ideas are embraced as COMMON SENSE, rather than based on the
absurdity of the ideas they implement and have taught to the ignorant masses and their children.
As billions of G7 and emerging-market currencies are created daily out of THIN air to prop up the dying social-
welfare economic systems of the G7. Nominal market prices skyrocket or plummet to reflect this fiat capital
seeking shelter from the next Dollar, Pound or Euro to roll off the presses right behind them, and pushing
markets up and down to price in the new realities or rapid monetary debasement practiced on a GLOBAL
scale in a vain attempt to preserve what has gone before. Take a look at global Bond and Interest Rate Markets
to see return on risky investments SHRINK, just as it had before the economic crash started in mid 2007, caused
by the same phenomenon: RAMPANT money printing forcing people to seek shelter or escape from
debasing G7 currencies. These are HUGE OPPORTUNITIES, learn how to capture them.
This volatility will only increase until these G7 currencies and financial systems meet their final demise in the
next 5 to 10 years. This is a FIAT currency extinction event. This volatility is opportunity to the prepared
investor. “Buy and Hold” is dead until after the final collapse occurs, which will force the social welfare states
and corrupt public serpents, er… servants to implement the policies of growth, or face their demise at the
hands of their constituents. Once these constituents lose everything, the stage will be set for the demise of the
welfare state.
To see its demise on a small scale, look at the State of California. It is but the first of dozens of such episodes throughout the G7 in the not-too-distant future. The bigger the entity that fails, the more public
servants will use these failures of their own policies to justify taking more from the private sectors.
What are the policies of growth? They are the policies, which encourage producing more than you consume,
small business creation, SOUND money practices and private property rights being restored. They encourage
families being able to accumulate savings without the INVISIBLE saving tax of currency debasement (for
example, someone who saved $100 in 1980 can now only buy what $17 did at that time; at no time did the
interest they were paid outperform the compounding of MISTATED inflation),. These things have been FORGOTTEN in the G7 today, only to return when the final collapse forces these REALITIES back onto the
future agendas, as nothing else will restore growth and the ability to save.
Ty Andros - TraderView
Managed Futures & Alternative Investment Specialist
233 West Jackson Blvd. Ste. 725
Chicago, IL 60606
Phone: 312-338-7800
|