Posts Tagged ‘politics’

Freedom Must be Defended

Thursday, December 10th, 2015

Dear Friends,

It seems to me, the moment opinion is met with death threats, there is tyranny in the land. Donald Trump, who is not my first choice for President, recently said we should stop all Muslim immigration to the US and that statement has caused a firestorm. The RNC has condemned Trump in the harshest of terms, the media that calls itself unbiased has gone into anaphylactic shock, and now there are death threats from the religion of peace. His opinion has resulted in death threats and so there is real tyranny, the tyranny of intolerance, censorship, blind ideology and outright hatred. Such outright tyranny should send a chill down the spine of every freedom loving person, in America, and beyond. Calling for the death of a person because you disagree with his or her opinion shows a presumption that boarders on the demented. Moreover, to presume to call for the death of someone else because of their opinion, by reciprocal attribution, means anyone else has an equal right to call for another’s death for their opinion, which is a road to chaos and violence.

Carter not only stopped all Iranian immigration in the 1970s but forcibly shipped back all those Iranians who were here legally! His measures were not called draconian and there were no calls for Carter’s death. Many of the people, if not most, were horrified that the Shaw was overthrown and the crazies won the government. I had a friend, Sayeed, who was here on a student visa. He cried at the thought of going back, but the government came, arrested him and sent him back to certain death. I asked him why he was so afraid of the new government, and he told me, “They are more crazy than you can imagine…” Sayeed didn’t agree with the Ayatollah nor was he a nut job, he was a good person who happened to be Iranian and had to be arrested and shipped back because of Carter’s decree. Agree or disagree with Carter, no one called for his death, even though he went way beyond what Trump called for.

There is an old saying, “If you want to know who your masters are look at who you cannot criticize.” It can also be understood as if you want to know who wants to be your master look at who refuses criticism and calls for your death if you do. Here in the land of the free our forefathers have always resisted would be tyrants. To accept such rhetoric as calls for the death of people is tantamount to accepting the yoke of slavery. Such intolerance has no place in our society. Not just calls for the death of Trump because he has an opinion that some find unacceptable, but all calls for the death of others, like Black Lives Matter calling for police to be “fried like bacon…” or Louis Farrakhan calling for 1000 murderers to kill white people, such rhetoric demands tyranny over others and is the antithesis of freedom.

Indeed it is our very freedom that has allowed our society, based on the free exchange of ideas and opinions that has propelled the world into the heretofore unimagined standard of living we enjoy, the globe over today. Those places where opinion and ideas were met with death threats have always been backward and barbaric places where the advancement of civilization, science and culture has retreated. Humanity has only advanced when individual liberty has been protected. It is not unoffensive speech that needs to be protected, but offensive speech, otherwise civilization corrodes and the human condition worsens. Freedom, of action, speech, self protection and thought are the cornerstones of civilized man, censorship, intolerance and oppression are shifting sand that will collapse a civilization no matter how well it is constructed.

To presume to control another’s speech, thought or liberty is hubris of the highest order. Such hubris forgets that if one believes he can control another, then that other has every right to control him! Any attribute foisted on me, I can reciprocate, and foist back on you. Call for my death and I have every right to call for yours. That my friends is the path to chaos and violence and can only result in the lowering of the human condition. Take a long look at what people say. If they call for the silencing of others, limits on liberty, thought laws or religious fidelity, especially with threats of death, they serve chaos and violence and have no place whatsoever in modern civil society. They are an anachronism that belongs in the dark ages where people had slaves, burned others at the stake and beheaded people for idolatry. Those that call for the death of another because of the other’s opinion should be forcibly rounded up and shipped away, or denied entry, because such attitudes lead to retribution thereby becoming a spiral to unrest, famine and want. Whether they are college kids, radical racists, the media that calls itself unbiased, climate change alarmists or Islamists, they have no place in the land of the free. They can go live in those places that have earned the wages of tyranny and intolerance, to practice their tyranny and intolerance.

Sincerely,

John Pepin

Why the Elite Do Such Absurd Things

Monday, November 30th, 2015

Dear Friends,

It seems to me, chaos, terrorism, crime and fear create conditions where tyranny is not only likely but inevitable, and so anyone who seeks tyranny or in other words, arbitrary rule, merely sow these things and their job is almost done. To argue that no one would want tyranny is to argue no one would want to eat. It is human nature to seek power over others, as evidenced by all of human history, just as it is human nature to eat. Moreover, those that seek political power do so usually to use that power, else why seek it? So, those in political power, not all that have or seek political power, but a large majority, actually want tyranny, (as long as they are the tyrant) and therefore will actively sow chaos, terrorism, crime and fear in society, as a means to that goal.

It was the ancient Greeks who actually admitted and debated the faction that favored arbitrary rule. Today our schools, colleges and universities avoid teaching about arbitrary rule and so most people educated by the new class have no concept of it, as a philosophy or even that there are always those who favor it. To understand the philosophy of arbitrary rule one has to read Plutarch’s Lives, Plato and Aristotle. Since few actually read them, and many are told what they said, few really know and many think they know. The philosophy of arbitrary rule is, that the people are better served when they are ruled by a person or group, that can pass laws arbitrarily. It is as simple as that. Those that favor arbitrary rule believe humanity is better off if we are controlled by our “betters.” That people are so ignorant of this philosophy is damning to our education system but even more telling of the intentions of the new class.

Rationally self interested people, rational maximizers as economists label us, and self interested rightly understood as Tocqueville put it, struggle with those who favor arbitrary rule. We believe that humanity is better off when we the people have a say in our laws, customs and economy. We believe that people in the aggregate are better equipped to understand what society needs than a group of “superior men.” We understand that it is only through the protection of individual liberties that society can flourish… and our philosophy is born out by empirical testing. The period since the invention of Constitutional rule, a form of government that intentionally limits the elite and explicitly forbids arbitrary rule, has seen the greatest advancement in the human condition since the first man and woman walked upright. Those times where arbitrary rule has reasserted itself have seen famine, slaughter and suffering, without exception.

If you listen to the rhetoric of the elite, every solution they offer, is always more power in the hands of the few. Each time a problem pops up, a new regulation, law or form of surveillance is the only answer the elite allow us to debate. It is logical to conclude that due to their default position, of more government power and their favorite economic system socialism, that the elite favor arbitrary rule. It would be absurd to claim someone who always and everywhere seek more power in the hands of fewer and fewer people, favors individual liberty and eschews arbitrary rule! So since they favor and seek arbitrary rule it follows that they will do what it takes to create the conditions favorable to establishing arbitrary rule, for the good of humanity as they see it.

Perhaps that is why the political establishment goes to such lengths to create chaos in society. The elite have been undermining those institutions that create stability for over a century. The nuclear family is the most stabilizing force and is increasingly under attack by the elite. From the welfare state to gay marriage the elite have launched an all out war against the family. Christian religious institutions also create stability and so have been cowed by the elite. No church is willing to give up it’s religious tax exemption and so is unwilling to speak out, afraid to offend those who have the power to remove it, and so they have made themselves irrelevant. The list of stabilizing institutions is far too long to go into here but I am sure if you try you can think of many that are under attack or no longer exist.

Maybe the elite’s drive to tyranny is why the elite seek more terrorism instead of less. No one in their right mind believes that mass migration of Muslims will not create more terrorism in Europe and the US. To argue that it won’t is to argue up is down and down is up. Moreover, flooding a country will people who despise the culture and the people, then giving the invaders free everything is a terrifically destabilizing force, and can only lead to resentment, violence, backlash and more violence. Smashing the stable tyrants in the Middle East intentionally sowed the seeds of the migration which will inevitably lead to violence in Europe and the US on a wide scale, that violence can only lead to fear.

It is possible that the people who want to establish themselves as arbitrary rulers create the conditions for crime to flourish. More law doesn’t prevent crime, it only makes more people criminals, moreover, more regulations makes it harder to start a business or make a profit in an established business. This leads to less employment opportunities, lower wages and more crime because of it. History shows that periods of rapid economic expansion see very low crime rates and periods of low economic expansion and recession see rising crime, social strife and hate groups. All of which makes the people afraid, of their economic outlook, their property and their very lives.

Fear is the uniting element that makes the others so effective. Terrorism, chaos and crime all create fear, and a human being who is blinded by fear will run into the arms of anyone claiming they can put that fear at rest. Since we have been carefully conditioned to believe that more government power is always the answer to every question and all exigencies, most people will turn to a strongman who will “get them” and “fix it.” Like Germans did after Wiemar. Fear limits the mind and terror shrivels the soul, making people little more than animals, willing to burn another at the stake for causing the plague, behead a Virgin to restore the crops, and wipe out a race of human kind. Fear that will answer all the dreams of those that seek arbitrary rule, because the end justifies the means, and in the end, they believe arbitrary rule is in all of our best interests, especially theirs.

Sincerely,

John Pepin

NATO, Turkey, War Crimes and Acts of War

Thursday, November 26th, 2015

Dear Friends,

It seems to me, a bar fight is usually started by the smallest person in the bar, Turkey’s shooting down of a Russian plane is no exception. I have heard it called little man disease, when a short person starts a fight, then slips away as his friends trade blows. Smart people stop hanging around with someone like that, because they are troublemakers, and smart nations would boot Turkey from NATO, for being a troublemaker. Turkey is a liability to NATO. It is fast descending into an Islamist intolerant tyranny. Erdogan has corrupted the Constitution to allow himself to become president for life, and install the Islamist agenda and so, Turkey no longer shares any values at all with Western nations. Moreover, should we allow a pint sized bully like Turkey to get the world into a nuclear war to protect IS and their genocide against Christians, raping of little girls, tossing gays from buildings, burning to death Captives, crucifying children and slaughter of any Muslims not Muslim enough? Is that a valid reason to end the world?

The killing of a pilot as he or she is parachuting down is a war crime. If you own a business and one of your employees runs over a child, your business is held liable, not the driver. That is because he is working under your auspices. In the same way, those rebel groups that are the vassals of the US and Turkey, operate with the support and auspices of those nations. So, war crimes committed by the sanction of another country, are the responsibility of that country. Therefore Turkey and the US are responsible for the war crimes of those that they sponsor. In other words, war crime are being done in your name, do you support that?

Turkey claims the plane was in their airspace but the events around the downing belie that claim. If it was indeed in their airspace, then how could the pilot have been murdered by rebels in Syria? The claim that the plane continued on back into Syria is just as damning as the claim the pilot was shot by rebels. Think about it, If the plane was in Turkey’s airspace and headed back to Syria, then why shoot it down? If the plane was in fact in Syria, then the downing of it was an act of war, if the plane was in Turkey’s airspace and wasn’t headed back to Syria, then the plane couldn’t have fallen on Syria, and the moment the plane was hit, the pilots ejected, they don’t continue like the plane would, and so drop pretty much below where they eject, since everyone agrees they landed, or would have landed in Syria, then the plane must have been shot down over Syria! What we have is an act of war compounded by a war crime, done by our “ally.”

Turkey is responsible for genocide against the Armenians, in the 1950’s it tried to detonate a bomb in it’s own embassy in Greece to stoke nationalistic outcries, which resulted in the slaughter of hundreds of Christians, and Turkey backs IS. Turkey has no business being in NATO in the first place. Turkey has waged war against the Kurds, the only Muslim people to protect Christians, Yazidis and others, the Kurds who have been the only true allies the US had in Iraq, and the only people in that part of the world with any real virtue. Turkey is a criminally run nation, that has worked against the interests of humanity since it’s inception, that is now becoming an Islamist stronghold.

NATO has a responsibility to defend it’s members who are attacked, but in this case Turkey wasn’t attacked, it was the aggressor. The original reason NATO was started in the first place was to stem the USSR, a country that no longer exists, and the advance of Marxism, which our governments have embraced, so there is no reason for NATO to exist anymore. Especially since it obligates Western nations to protect a petulant country that is becoming a despotic Islamist tyranny. Like a smart group of friends stops hanging around with a troublemaker, NATO should be smart and evict Turkey from NATO, before Turkey commits another war crime or act of war obligating us to burn our cities to the ground in nuclear fire to defend the slaughter and rape of innocents. In fact NATO itself has become a liability instead of a asset.

Sincerely,

John Pepin

Foolishness and Wisdom

Monday, November 23rd, 2015

Dear Friends,

It seems to me, the more ignorant and foolish a person is, the more secure they are in their beliefs. Where a reasoning man or woman questions their assumptions and biases, a fool never burns a calorie in their mind at all, they see no need. The foolish and ignorant are the first to resort to anger and violence if their beliefs are questioned. Being foolish, they would rather fight than think, and that quality of the foolish is fundamental. Ignorance is a condition that can be repaired, but the foolish will see knowledge, especially knowledge that questions their world view, as heretical. So sure are they in their beliefs that they need not learn. All of which make the foolish and ignorant easy to pick out, they refuse to listen to argument, instead making personal attacks, are quick to anger, resort to force rather than reason, have religious like faith in mankind and government, and most of all they are certain about that which cannot be known.

Young people have little life experience and so are more foolish than someone with a great deal of life experience. This is both a benefit and a curse to them. It is beneficial because they are willing to innovate in the face of almost certain failure. This is often the source of human advancement and is why most advancement comes from the youth. It is a curse however since most tyrannies have been ushered in by the youth. They foolishly follow some charismatic villain and find they have forged their own chains. The foolish youth are quick to resort to violence and that tendency has been put to good use by many despots. Che Guevara lauded that tendency of the youth to engage in violence. Once they grow up however most people loose their foolishness in the passage of time.

Unlike religious faith, which is based on rational self interest, the foolish have faith in that which has proven itself unworthy of faith. To digress for a moment, Religious faith is based on rational self interest for a host of reasons, those who have faith in God lead happier lives, live longer, live healthier, have more success in life, have stronger family ties and the retirement benefits are much better than the alternative. Religious like faith in some person, system or idea is the path to catastrophe. Get enough zealots to follow a villain and tyranny results, blind faith in an economic system like socialism and the economic future of the people is forever lowered, unquestioned belief in an idea is how entire cultures are destroyed.

A recent poll of generation x concluded that as many as 40% of them are in favor of government restricting speech that might be offensive. The real number is probably lower, (I hope), but the vehemence of those that see no problem with government deciding what speech is acceptable, are so sure of their position they need not question themselves or their assumptions. Disagree with them and they immediately attack you as a hater. They can’t be bothered with reason, like the slippery slope argument, the history of such movements or that innovation requires free thought which flows from free speech. They are willingly forging their own (and our) chains, and are helped along by professors who never grew up and dropped their foolishness, because they never left the coddling cradle of academia.

A person need not be young to be foolish and some who are foolish are not ignorant but the two go together like chocolate and milk. Ignorance is not only a lack of knowledge, but the inability to apply knowledge, which is in itself a form of foolishness. There are people who don’t have a great deal of knowledge, but are wise, which again shows that knowledge is not proof against foolishness, and ignorance is not proof of foolishness. To be foolish is to be willfully ignorant, self inflicted and self directed. To be wise is to be open minded and willing to question assumptions, but not to abandon those concepts that have been tested in the crucible of time, to do so is to be foolish.

Sincerely,

John Pepin

A Gun is a Tool of Liberty

Monday, November 16th, 2015

Dear Friends,

It seems to me, for a society to be truly free, the people must be armed and be able to defend themselves, and for the same reason, before a people can be enslaved they must be disarmed. While it is obvious that a slave must be disarmed, the other side of the coin, that a person be armed and able to defend themselves, is not as clear. There are many who in their ignorance believe a helpless person can be free, such thinking is muddled at best and pernicious at worst. The state of freedom, by it’s core definition, is one of independence from coercion. A disarmed person is helpless and is at the mercy of anyone armed with intent to force submission. Therefore anyone disarmed is a slave. Only those people who have the ability to defend themselves can be said to be truly free.

Ignorance is the closest ally of the despot. Many people who have never been around guns falsely seek to limit their availability. In their ignorance and fear they can’t imagine the safe use of a gun. They believe their fellow man is incapable of virtuous actions. Maybe because they know themselves and judge others by that standard. Yet millions of people own guns and have never shot anyone. In fact, those who use guns for violence are the exception, those who don’t are the rule. The would be autocrat plays on the ignorance of people to get them to go along with their own enslavement. The elite know that sowing the seeds of fear is always a means to separate people from their Rights and ignorance is a breeding ground for fear.

A gun is nothing more than a tool. That a gun is a dangerous tool is evident, but many tools are dangerous and many people are harmed by their misuse. A chain saw is a dangerous tool, ignorant people are scared by a chainsaw’s noise and potential for dramatic harm. Many people are wounded badly, and even killed by the misuse of chain saws, but there is no call from government for their banning. ATVs are very dangerous, but not as scary, many people are critically injured by their misuse, in fact more people are injured in ATV accidents than by guns, yet there is no widespread call to ban ATVs. A ladder is a very dangerous tool, in fact falls from ladders is one of the single biggest sources of personal injury, but government doesn’t try to outlaw ladders. The argument that guns are dangerous and so should be controlled only by government is false, and is designed, not to enhance safety, but to enslave the people, because a gun is a tool to fell tyrants, while a chain saw is a tool to fell trees.

Those who have a mind to enslave others know that first the victim must be disarmed. You never see a thug tossing his victim a gun before the criminal robs him do you? Governments intent on becoming tyrannical understand this all too well. Since it is usually bloody and inefficient to try to forcibly take guns from the citizenry, subterfuge becomes the means of choice. Government, for example, can create conditions where the society becomes ever more randomly violent. As the people feel less and less safe, some, perhaps many, will turn to government to become tyrannical, to prevent the violence. That government which has a mind to become despotic will be all too happy to comply. Such a government could also vilify gun owners by sending guns to a neighboring country’s villains and blame the resulting violence on their own citizens. The elite could import hundreds of thousands or millions of people who they know will engage in crime, undermine the society and sow chaos.

Violence is a reflection of a society, not the tools it has. Where people have no stake in society, they will be more prone to violence, when violence is glorified the unstable will adore the excitement of violence, the less moral a people the more acceptable violence will become, and whenever a government condones violence against the most innocent, (as in abortion)… violence will appear honorable. Violence in any society comes from the elite, the cultural elite, government elite and business elite. A society that is violent is violent because the elite have made it so, removing the tools of liberty will never remove the violence the elite sow in society, it will only make the violence more personal.

A gun is a tool and only a tool… of liberty, those who are armed are free while those without guns are slaves. Slaves to their fear, their ignorance and their government. They are dependent on another for their individual security. We all know in our hearts that where guns are outlawed only outlaws have guns, and where only outlaws have guns, you are in constant danger, but in their ignorance and fear born of that ignorance, many are willing to subject themselves and their fellows to the slavery of criminals. Violence in a society is the fault of the elite, who sow it’s seeds, nurture the culture of violence and condone it’s use. That the elite benefit from violence in enhancing their power and enslaving a nation is lost on most. Villains prey on the weak, not the strong, to be disarmed is to be weak and therefore prey, to be armed is to be strong, and therefore free, therefore, only those people who are armed and are able to defend themselves can be said to be free, those without the ability to defend themselves are slaves, in every sense of the word.

Sincerely,

John Pepin

Actions have Consequences

Thursday, November 12th, 2015

Dear Friends,

It seems to me, actions have consequences, both individual and collective, some immediate and some delayed, but they all have consequences. Government actions, (collective actions) however produce a special kind of consequence. Of all the entities that have ever existed, only government benefits from mistakes, to a point, then the cumulative weight of those bad actions come crashing in and destroy that government which has profited so much, by a series of mistakes. Elitist theory says that every fall of every government is the product of a series of mistakes that led to it. When observed by a person however those downfalls might appear random, this country lost a war and so was destroyed, that country experienced a drought that triggered a famine, and so on. But when looked at in the long term, it becomes obvious that each failure was predicated on a series of poor decisions by the rulers, that led to their own downfall. The same paradigm work today with our modern governments and institutions leading inevitably to our downfall.

If you make a bad decision, the likely hood is that you will experience the effects pretty soon, sometimes you have to make a series of bad decisions before the consequences appear, but given enough bad actions consequences become inevitable. This is how we learn right from wrong, smart from stupid and profit from loss. The immediacy of the negative consequences is a great teaching tool for individuals. Governments however work under a far different paradigm.

If a government makes a wrong decision, the people suffer, but the government prospers. Each bad action leading to more power and more money for those in power. The consequences for those in leadership are profit for bad decisions and loss for good ones. If a government passes a law that is supposed to lower the cost of health care for example, and instead that law raises the cost making health care more unaffordable, the people will turn to government again to fix the problem government created. Government, and those in government profit comes at a cost to the people. If a government regulation drives down economic output, more regulation is demanded to improve the economy. Again government profits while the people loose. This can work for generations, each wrong action resulting in more government power and more money for those in power.

It works only to a point however. Each bad decision creates tension in the economy, society and defensively. One bad action might lower economic output driving a call for more equal distribution of economic output, which further lowers economic output. Eventually the economy of such a nation will be destroyed. Then the collapse of the economy will be blamed on some extrinsic shock, that is said to have “caused” the economic meltdown. Had the economy been left alone and those cumulative bad actions had not been taken, the economy would have survived the external shock and probably would have profited by it. As government regulates it’s citizens, and so corrodes the people’s stake in the nation, those who have lost a stake in the nation will care less for it’s future and will turn to drugs, crime and the dole. As more do such things, more regulation is needed to control those who have lost their stake in the nation, further corroding others stake in the national outcome until no one cares about the nation. If a war were to break out, no one would fight for a country they have no stake in, and so the war will be lost. As we have shown, it wasn’t the war that destroyed the nation but the cumulative decisions of the leaders. The war was merely the catalyst that triggered the consequences of the cumulative bad decisions of the leaders.

Our modern countries have profited tremendously from their bad decisions. Our leaders become rich while in government, then become filthy rich after, by selling their access. Each bad action taken by our governments enriches those in power and enhances their power. Those bad decisions have apparently positive consequences for those in power and so they become drunk with their seeming omnipotence. The worst their actions they make the more power and riches they get. This continues until today when our leaders act, to any rational outside observer, absolutely absurd. Sadly, there will come a day when the true consequences of all the bad decisions our leaders have made, come crashing in on them and us. Since they have profited so much by those bad actions, to expect them to change is like expecting a heroin addict to willingly kick the habit, while heroin is freely available and they live in a mansion. In the next incarnation, this same paradigm will work out, because the actions of government appear to have opposite consequences for the elite than the people. The eventual consequences are inescapable, the timing cannot be known, and people will point to some shock, war or outside exigency that led to it… but actions always have consequences.

Sincerely,

John Pepin

The Defective Products of Our Governments

Monday, October 19th, 2015

Dear Friends,

It seems to me, a carpenter uses squares, levels and chalk lines to get satisfactory results, an accountant uses entries in a ledger to harmonize the income and outgo of a business’ expenses, and a CEO uses profit margins and return on investments to gauge their performance, those in politics however, have no such devices to insure the quality of their work, the effectiveness of their laws nor quantify the benefit of their actions. It would seem then, that the carpenter, accountant and executive is held to a higher standard than Senators, Congressmen, Judges or President of nations. The actions of a Judge has implications for the whole of the society, the economy balances on the laws passed by Senators and Congressmen, a President that refuses to equally administer the laws destroys civil society, yet there are no measures, gauges or regulations on them. The lack of which lowers, not only the quality of the work of government, but insures the sub par performance of everything government touches.

Imagine building a house without a level, square or chalk line. Such a house, no matter the expertise of the carpenter, would be shoddy. The walls wouldn’t be plumb, the floors wouldn’t be level and the framing wouldn’t be straight. Every part of that house would be terrible. Were a house built without the use of these tools it wouldn’t stand a year. If however, a house were built by an amateur, with the use of levels, squares and chalk line, even given the substantially lower skill level of the carpenter, it would be much better then a house built by an expert without the use of such quality enforcing tools. Quality work then requires the tools to ensure quality workmanship.

What if an accountant didn’t use ledgers to keep track of the expenditures of a business and instead kept all the figures in his head? That business would fail in short order. Money would be wasted, employees would get paid correctly, and inventory would be misallocated. No part of that business would function properly. No matter how intelligent or practiced the accountant, eschewing the use of books and ledgers would make her work terrible. Many businesses have no accountants at all however, but the owners themselves do the work with the use of ledgers and software t account for the expenditures and income and run just fine. It s obvious then that the use of ledgers are critical to running a business.

A CEO who didn’t allow the use of profit margins and return on investment would quickly find no one would buy shares of the company, and those who did would quickly loose their hard earned money. Such a corporation would be impossible to figure actual value, no one would know or could know, if it were profitable or not, or quantify the performance of the CEO. No matter how skilled in management that CEO was. The quality of his work could not be determined. Take an unskilled manager and let him used the tools of assessment of a company she runs however, and that company would be quantifiable, people would buy shares in it and the company would be able to function. If the company she runs is not profitable she will be replaced and if she does a good job the stock value will increase. The tools of return on investment and profitability are critical in running a corporation.

Politicians however have no tools to ensure the quality of their work, no tools to quantify the effect of their laws nor tools to understand the return to society of their regulations. Instead, government works in the dark, passing laws and regulations hither thither and yon. If a regulation backfires and makes the situation it was supposed to rectify worse, no problem, glom on another poorly thought out regulation. Which is like a carpenter not using a level to find plumb and so just nails on another board. If a law results in the lowering of a sector’s profitability, who can measure it, there are no ledgers to use to calculate the effect of a new law. If a decision of a judge has a pernicious incentive, who can evaluate it, there are no means of quantifying the societal impact of a judges ruling. Moreover, regulators, legislators, judges and presidents refuse to be bound by measures to improve the quality of their work, measure the effect of their labor or calculate the societal impact of their decisions.

What we have is a system where the person who labors with their hands produces high quality work, the person who accounts for the income and outgo of a business, calculates it to the penny, and the people running businesses performance is measured by the profitability of the enterprise, but our leaders have no such limits. Even the restraints of a Constitution are ignored and argued to the head of a pin. The result is that government, all governments, produce defective goods, deficient laws and inferior work. Such outcomes would be severely punished if a carpenter produced them, but they are accepted every day from our leaders. A Fourth Branch would provide the tools to measure, calculate the performance and quantify the societal effect of our leaders, unfortunately even the people most damaged by the defective products our government produces, recoil at the thought. Until we become as rational at gauging government, as we are about the quality of our homes, the profitability of our businesses and the return on our investments, we will continue to be damaged by the defective products of our governments.

Sincerely,

John Pepin

The Federal Reserves Zero Interest Rate Policy

Monday, September 21st, 2015

Dear Friends,

It seems to me, you can push a car to start it, but if the engine is broken, it will not start no matter how far, fast or how long you push it, or how well it ran at one time… If an economy needs a zero percent interest rate, that is a symptom that the economic system is broken. That several nations in Europe have have negative interest rates is a sign those economies are broken. This week Janet Yellen said the Federal Reserve will not raise interest rates above zero, and could even go negative, if the economy falls into recession. Basically a full admission that eight years of zero interest rates has produced nothing in terms of an actual economic recovery. The helicopter drop of free money given to government and corporations has not expanded the real economy, but filled bubbles, bond bubbles, stock bubbles, and who knows what else has been bubbled up by this zero interest rate policy, (ZIRP). History is adamant about the results of bubbles however, they burst, and when they do economic catastrophes result.

Economic theory, money theory in particular, says that when the amount of money produced is at the same rate as growth in gross domestic product, (GDP) there is no inflation, but for every percentage point above GDP, it creates a percent of inflation, and for every percentage point below the rate of growth in GDP, there will be a percent of deflation. That the rate of money printing has exceeded the rate of GDP growth for so long, and by so much, yet there is actual deflation, shows, not that economic theory is wrong, but that there is a huge drag on the economies of the US and Europe. The only way to have deflation with so much money flooding the system, is that it is not reaching wage earners but instead going to cronies, stock buybacks and salted away by the rich, who have access to the free money. If that money got into the hands of the people it would generate Wiemar inflation.

The interest rate in the US and Europe has been at zero since Obama got elected, initially zero interest along with quantitative easing, (QE), or in other words, monetizing the debt, was to restart the economy after the 2008 recession. The first round failed to get the economy going so more QE was done to gin it up. That didn’t work, so the Federal Reserve did it again, to no avail, now the economy is addicted to zero interest rates and any rise at all, even a paltry .25% would cause the world’s economy to melt down. (Not my words but those of Keynesian economists like Krugman and Blanchflower). No healthy economy would putt along with zero interest rates, let alone negative rates, without skyrocketing inflation. To give you an idea of how much money was printed, QE3 could have made 85,000 random people millionaires, every month!

That is the elephant in the room, the economy still requires life support 7 years after the recession, with no end in sight. The Federal Reserve is in quite a pickle… If they raise rates, the economy will implode, if they don’t, the economy will explode. They are indebted to those who have got the benefit of all that free money, the elite, so they have to bend to their masters and keep it low. Remember, if they raise interest rates at all, even the pitiful one quarter of one percent, the global economy will implode, which would show the Obama economy to be what it is, instead of what it isn’t. They know better than to make Obama look bad.

Yet the media that calls itself unbiased touts how great the economy is. The official unemployment rate is around 5.6% which is full employment, the stock market, despite some recent setbacks, is near record highs and stock valuations against profits are at an historic high. The brainiacs who tell us what to think, cheer us to buy, buy buy, and forswear savings, they tell us the measure of an economy is how many auto sales there are, and the rise in the cost of housing. They explain that as long as auto sales are good and the price of housing is going up, all is well with the economy. These statistics are what are seen.

What is unseen is far more scary. The number that is reported as unemployment is U3 unemployment, which only counts people actively looking for work, or in other words, those on unemployment insurance. The actual number is the U6 rate, which includes people who would like to work but have given up, which is closer to 10.3%! One in ten people out of work! That represents a huge amount of slack in the labor force, and shows why there is so little wage growth, moreover, almost all the employment gains in the last 7 years has been by immigrants, the American worker is being squeezed out of work by cheaper immigrant labor. Where are the soup lines you ask? They are hidden by food stamps, ebt cards and the dole.

The stock market’s historic rise has been driven by stock buybacks, institutional investors and more importantly, Federal Reserve interventions. The Federal reserve has been buying stocks and bonds through their proxies to insure the market only goes up. This creates a false sense of reality. The illusion is bolstered by companies that by their own stocks to drive up the price. The bond market is manipulated as the Federal Reserve buys bonds, which drives up the price, and therefore the yield goes down, furthering the illusion that all is well. This staves off the market’s finding an actual price for those stocks and bonds making the economy appear to be what it isn’t.

What is the titanic drag then that is breaking our economy? To further our analogy of a broken engine, the sand of regulations creating a drag on economic investment, is in the crank case, welfare that creates a negative incentive for people to work, has drained the battery, taxes which remove much of the profit from an investment in the actual economy, has plugged the fuel filter, a voyeuristic government that demands more and more intrusive monitoring of every action of the people and businesses, has removed the tappet covers, the new class philosophy of maximizing profits for upper management at the cost to shareholders, customers and employees, is shattered the gears from the transmission, as well as zero interest rates that create pernicious incentives for capital flow, which is like using nitromethane, the wrong fuel. Since none of these drags will go away without a total reset, and the interests of those in power are intricately tied to them, the only answer is to keep interest rates at zero, or negative, to protect the mask of prosperity for as long as possible.

What it all boils down to is that our economy is about to crater. An illusion only works for so long before someone walks into it and exposes it for the illusion it is. That the economy needs to be pushed by zero interest rates for so long, is indicative of an underlying problem not addressed by interest rates, it is a structural problem instead of a cyclical one, if you will. It is like pushing a car to start it because the battery is dead, but no matter how far you push it, the engine will not start. Someone standing by the road, could look at the car and see it is moving, but that is only an illusion it is broken, and cannot move itself. At some point those pushing become too tired to continue and the car stops altogether. That is where we are now.

Sincerely,

John Pepin

Glittering Lies and Hubris

Monday, September 14th, 2015

Dear Friends,

It seems to me, many people have a sense of superiority because they refuse to see what is right in front of them, instead believing a glittering lie. By their very nature a glittering lie is easier to believe than an ugly truth. A glittering lie is crafted so it catches the eye, tempts the mind and wets the appetite while an ugly truth is unappealing, the mind recoils at it and the stomach turns when it is said. In this way those who spread glittering lies catch so many people in their net. Of course when a glittering lie is questioned you can rely on those spreading it to attack the person making the argument instead of the argument, this is because it is a lie and so cannot stand the scrutiny of reason. Another sure fire way to spot a glittering lie is by asking yourself, “who will benefit?” If the answer is the person making the allegation, and it will cost you handsomely… it is probably a lie. To fall for a glittering lie is the easiest thing to do, many have and met with catastrophe for it, will you?

Human history is just a series of people falling for glittering lies. The German people fell for a glittering lie in the 1930s, the American people fell for a glittering lie in the same decade, the French fell for a glittering lie in the 1790s, the people of Cambodia in 1975, and the list goes on and on. The people fell for the lie, then realized too late it was a lie, then lived through horrors, economic hardships and unimagined violence as a result. A glittering lie is never told for the benefit of the people, no, it is told so some villain can seize power over the people. Any time a villain gets power over people he or she uses it. The result is never equality, a better environment, prosperity or peace, the result is always the opposite.

During the time the people are actively falling for the lie, those who have swallowed the hook have a sense of righteousness. They look down their noses at those idiots who are too dull to see the glitter and stand amazed at their own intelligence, acumen and open mindedness. Those who try to call attention to inconsistencies are hated, and when they are proven right, they become despised. Take the example of Edmund Burke. History proved him correct about the eventual result of the French Revolution, which made those who fell for the glittering lie loathe him all the more. No one likes someone who is right when they themselves are wrong, it proves the other’s greater acumen, intelligence and open mindedness, to hate that is human nature.

People who tell glittering lies always appeal to the emotions, but a lie is best when it contains bits of truth, so by combining emotion with a little truth, they make their lies appear to be obvious truths. Hitler told the German people such a lie, he appealed to their emotions in the slogan, “Strength through joy,” and the superiority of the German people, the super race… He spoke to their recent economic hardships by claiming the planned economy would give them prosperity, and he connected with the German idea of the Volk. When Winston Churchill said Nazism was a threat, he was drummed out of office, called a Luddite and spent years on the desert. Once he was proven right, the British people realized they needed him and elected him to office. When the war was over however, they summarily drummed him back out of office, because while they knew they needed him during the war, that he had been right all along made him hated by the new class who had been wrong.

The planned economy is another such glittering lie. Just as it failed in the French Revolution, USSR, Cambodia, China and everywhere else it has been tried, those who shill for it, never tire of it and ignore the tremendous human suffering it has brought into the world, and go on to claim it is inevitable. Those who have been proponents of the planned economy have been lionized regardless of the atrocities they have wrought, Che Guevara, Lenin, Trotsky, Marx, and a whole host of college professors and deans. Those who disagree are attacked personally and are marginalized. John Maynard Keynes is a economic giant even today, after his theories have led to successive bubbles, while Frederick Hayek is still wandering in the desert of economic theory. Keynes told a glittering lie while Hayek told an ugly truth.

Look at the vitriol Christianity is showered with today by the new class. They despise Christianity, all the more when it is proven right about an issue, be it the atrocity of abortion on demand, Pope John Paul’s stand against socialism, miracles or any number of issues. Those atheists who tell the glittering lie that Christianity is evil, always point to some atrocity someone who called him or herself a Christian did, hundreds of years ago, that was in direct contravention of Christian doctrine, principles and Jesus himself would find revolting. Some even justify the present genocide against Christians in the Middle East, as deserving, because of colonialism, antisemitism and the dark ages. Despite their own antisemitism, colonialist intentions and despotic policies, policies that are exactly what they claim Christians did wrong! While they point an accusatory finger at Christianity, for what it doesn’t say, three point back at them for what they do and intend. What the atheists who turn a blind eye to Christian genocide are really arguing, is that the innocent little 9 year old girl deserves a daily gang rape, it is just, since people she never met, is not related to, acted unchristian like and lived hundreds of years ago… did.

Those that believe the glittering lie will say, the science is settled, history has spoken, it is justice, it is inevitable and call it historical responsibility, etc… they will personally attack anyone who points out the inconsistencies as being Luddites, unable to grasp the intricacies, the argument is too subtle and dull witted, along with a whole host of pejoratives, withheld for those who apply logic to a glittering lie. Those who start and further a glittering lie always stand to gain power over the people if their lies are accepted. Just as today’s global warming alarmists stand to gain total control over the economy, our lives and gain power that historical despots could only dream of. To see a glittering lie for what it is, requires an open mind, probing logic and an eye for inconsistencies, that so few human beings are able to do these things and stand up to the personal attacks, smears and laughter of those who have fallen for the lie, is why our history is littered with human suffering.

Sincerely,

John Pepin

Founding Principles

Thursday, August 27th, 2015

Dear Friends,

It seems to me, when a nation abandons it’s founding principles, that nation at that moment begins a descent into oblivion. Great nations are always founded on universal principles. Principles that protect the liberty of citizens, their property, hold everyone accountable to the law and defend the state from invading armies. There are also various societal myths that form the basis of the cultural ethos. In the US for example, the sovereignty of the individual is the societal myth. These principles and myths work together to create a strong and lasting government, culture and society, as well as protect the people from invading armies. Nations thus founded have good economies, strong families and high standards of living. It is no shock then, that once a nation abandons it’s founding principles, it quickly begins to deteriorate. Since the principles and societal myths a nation was founded on are the reason that nation prospered, the abandoning of them begins a downward slide.

The reason a nation would abandon their founding principles and societal myths is universally the same. The elite begin to feel hemmed in by the founding principles so they grouse against them. The elite want more room for action and a greater part of the prosperity, to do that they now they must get the nation uncoupled from it’s founding principles. They tell the people the heightened prosperity is owed them. They lead the people away from the founding principles and into arrogance. Playing on the people’s egos the elite keep in front of the people a meme of outdated ideas, old ways, stodgy thinking and that was then this is now. The replace the founding principles with progress, the new and fill the minds of the people with distractions.

In this way a general sense of arrogance begins to creep into the minds of the people and is magnified in the elite. Some generation, far enough away from the founding that they have forgot the violence and struggle it took to birth the nation or what times were like before the founding, disdainful of their forefathers and their egos swelled up like a balloon ready to pop, they begin to believe they know better than their forefathers and turn to their own ideas, ideas that always involve taking the liberty of people they disagree with, stealing the property of those who are “rich,” and stop applying the law equally because some can’t be held to a standard.

No great calamity happens in a vacuum. In every case calamity stems from a build up of events, most seem small and insignificant at the time, moreover they pile up and pile up without any negative consequences so they come faster and get bigger. Events such as small intrusions on the founding principles. Any well founded nation can stand many such incursions, by the momentum it builds up in it’s expansion. Rome was just such an example. Even as Titus Livious warned the Romans Rome would fall unless they went back to their principles, the people laughed and scoffed at him, Rome has lasted a thousand years and would go on forever. Displaying the arrogance and disregard of their founders that always characterizes a people before their fall. Rome did go on for a few more centuries, centuries of calamity after calamity, culminating in Attila’s surrounding Rome. Rome lasted those centuries because on the momentum it had built up in it’s republican days.

No nation that still lives under it’s founding principles is defeated in war, only those nations that have abandoned those principles, are defeated in war. Wars come and go, but they are only existential threats to those nations who’s people have become lovers of luxury, arrogant, egoistic and lazy. Such nations are ripe for a fall and every would be tyrant alive sees it. Weakness in a people invites disaster. Such people are fickle in war as in every other thing, when push comes to shove an army of such people is no more than a paper tiger, it is destroyed at the first hint of flame. The government that has led the people into being fickle, egoistic and arrogant, while it might be unmerciful to it’s own people, is terrified of other nations and displays it fear to the world further inviting calamity. In this we can say that it was the abandoning of the founding principles that made the people ripe for invasion. The leaders first the people after.

Europe and the US have abandoned their founding principles. One by one they have been abandoned and replaced by progressive doctrines that teach the exact opposite of the founding principles. The societal myth has withered in both Europe and the US. Europe is being invaded by people who will, in short order subjugate the native Europeans, when that happens, the Europeans will exclaim, “What a catastrophe! How could this have happened?” The US will soon face economic Armageddon from out of control taxation, spending, regulation and cronyism, when that happens, the American people will cry out, “This is a calamity! Why me, why now?” even as the Europeans and Americans lament their misfortune, they will know in their hearts, they are the reason for the calamity, but will not be able to face the truth… so will blame the Muslims, the Bankers, the politicians… anyone but themselves, for allowing themselves to be led away from their founding principles.

Sincerely,

John Pepin