The Week magazine had a discussion of two proposals to reduce the deficit by changing the currency. The main one was replacing the dollar with a coin, and the other one was stopping the production of pennies.
A penny costs two cents to make by the government. For those who have not done graduate work in economics, I will point out that means we lose a penny for every penny minted.
Paper dollars move fast, and one lasts an average of three years. But in order to get a new dollar from one that is falling apart, you have to send that dollar, and presumably a number of other destroyed dollars, to the US Treasury. Unlike the penny, the government makes money by printing dollars because very, very seldom does anybody bother to send a shredded dollar to the Treasury.
So the government makes money by printing dollars because those who have worn out or torn dollars throw them away. The Week did not mention this point, probably because they didn’t know it.
After discussing these profound issues, The Week reported breathlessly that the only people who seemed interested in these profound Treasury proposals for the dollar and the penny were, respectively, the printing industry and the metals industry.
DUHH!!!
Back in 1976 I published a book a major theme of which was the fact that, in the real world, the left is not made up of the idealists National Review argued with, but of a giant interest group just like any other active in government.
You see, in dedicating itself to arguing about abstract ideology and using untranslated French phrases, National Review, like The Week, was out in lala land.
I wonder how it feels out there in that little world made up of commentators?
Who ELSE would give a flying horse hockey about ending the penny and, once again, trying to impose a metal dollar?
And for all those years until my book came out, respectable conservatives didn’t even NOTICE that, when government spends hundreds of billions of dollars, somebody RECEIVES hundreds of billions of dollars.
The entire leftist persuasion, from professors to bureaucrats to “activists” like the left’s Uncle Tom in the White House, make their livelihood either on money that comes directly from government or from money that is donated by organizations which are deductible from GOVERNMENT taxes.
Like our pro-white leaders who just don’t GET the Mantra, the respectable conservative just didn’t GET the relationship between government money and the people who live on it.
I did get it across, people understood the point, and Reagan won big in 1980.
My whole life seems to be devoted to dragging the paid leadership out of lala land.
#1 by backbaygrouch on 11/20/2011 - 7:29 am
If you get a really ratty dollar bill just make it part of a bank deposit. The bank returns them to the Fed for pulping. The paper itself is a product of the Crane Company of Dalton, MA. The have a specialty business for currencies worldwide. They do passport paper and some other government documents. They have been in business for over two centuries. A bit over a hundred years ago a member of the family was Governor of Massachusetts. They long have been the state GOP’s most loyal and generous family. At least they were up until twenty years ago.
#2 by BGLass on 11/20/2011 - 10:37 am
maybe the Crane paper companies that make such lovely stationary??? who knew and, but of course. —signed the only one who writes real letters in a paperless world of card carriers, which is why they were called ‘cards,’ anyway, as they easily could have been called something else, pocketers or swipees or something.
tons of respectables actually Live on redistributed wealth. It just doesn’t appear that way to them. They get mad if you tell them, since they are living in a meritocracy (located in their mind).
Respectables have more in common with people on welfare than any other group, (the very people they profess so adamantly to be against).
One thing people don’t discuss about Redistributed income— is the connection of it to defamation. Whenever you have the redistribution, (from the right or left) you have a) defamation of the group taken from b) a litany of narratives about why the taker-people are incredibly NECESSARY or victims (the justification for the taking).
Nobody talks about the internal reality that comes from that system.
Like the Libertarians going on and on about “liberties.” Well, people are sick of liberties (since they just see it as license to do gross crap, like lady gaga or soemthing).
Why don’t they talk about the Relationships that must occur under this system?
—the endless stories about how NECESSARY people are (b/c they are justifying taking stuff), or how victimized (b/c they are justifying taking stuff) or defamation (of the taken from).
This is who the citizens become to each other, and their relation to any governance becomes begging, currying favor, brown-nosing, appearing, saying the right things, etc.
It reduces people internally.
They should talk about that, not ‘liberties’ and so on, imo. yes, i know… unfocussed.
#3 by Harumphty Dumpty on 11/20/2011 - 11:58 am
My god, what a beautiful post. Thanks, Bob. I’ve never had a natural talent for seeing most areas of reality (I think I have talent for just a few), and I’ve treasured the few people I’ve run across in my life who’ve been able to lift the fog. I’m enjoying so much slowly absorbing your understandings.
#4 by Harumphty Dumpty on 11/20/2011 - 12:01 pm
Wow, thanks also BGlass.
#5 by Dick_Whitman on 11/20/2011 - 3:58 pm
A key to having legitimacy as a leader is the ability to asses the situation in order to provide purpose, motivation, and direction.
The BUGS discourse (the mantra and other talking points) is effective because it asses a complicated situation which is purposely distorted, but in which people can feel something is wrong.
It does what good leaders do. It accurately asses and disseminates the situation in a pithy manner so that the subordinates understand the situation. This has to be done in order to formulate a plan.
If our race lived in a medieval village and someone started shooting cannon balls at the village we (BUGS) would be the ones yelling “incoming!”
Respectable conservatives would be the people saying “well something certainly bad is going on but if we just end the tax on cattle, everything will be OK.”
The mantra informs our side that they are targeted for forced integration. Those cannon balls are not just hard rain drops (this is what liberals would be saying)!
Before you even identify an enemy who shoots at you, you must first realize you’re being shot at. After that, you identify the enemy and make a plan of action to maneuver on the enemy. Horus’s show gets into the identification of the enemy.
The plan of action will be for later (or it was already decided by people who understood the situation before any of us?). Either way, the mantra is the first step.
The Mantra = Incoming!
News & Jews = studies on cannon-balls, cannons and cannoneers( while being shot at by cannons).
#6 by Cleric Preston on 11/21/2011 - 12:36 am
Dick_W ‘If our race lived in a medieval village and someone started shooting cannon balls at the village we (BUGS) would be the ones yelling “incoming!”
No,that would be the ‘News and Jews’ running around screaming incoming,we’d be the
guys on the wall firing back : )
100% about the Respectable Conservatives though
#7 by Dick_Whitman on 11/21/2011 - 4:44 pm
Cleric Preston,
The mantra is “White Magic” of sorts intended for the removal of a dark anti-White spell. Remember it was after Gandalf removed the spell when the King was willing and able to throw Wormtongue down the castle steps.
N&Js try to wake the King but their “magic” only has a small effect against the system (the anti-White spell). The work on BUGS Swarm are displays of BUGS “White magic” overcoming the dark anti-White spell. BUGS Swarm is like “Wizard School” for those wishing to defeat the dark forces of the Anti-Whites.
When Bob created the mantra, he complied a set of words that would break through the dark anti-White spell. Bob’s magic words are more effective (compared to N&Js magic words) for the breaking of the dark anti-White spell. He’s just a better “wizard.”
He uses fewer overall words compared to N&Js but the words are more powerful and the energy more directed. Rumor has it that Bob stares into a pool of rotating water and sees the words?
So yes, we are fighting back but are very early in the process. But make no mistake, it is powerful magic that we’re dealing with here. Think about how powerful the magic-word “racist” is in the minds of men. To BUGSters this magic is ineffective. It doesn’t have any control over us.