Tag Archives: Central Planning

China Builds Desert Ghost City as Critics Warn of Bubble

Central Planning doesn’t work:

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Moneybomb each other, not politicians

From PostPolitical.us:

By Harold (admin) on May 5, 2011

Illustration of old-style bomb with dollar sign on itThe grassroots efforts during the 2008 presidential campaign season spoke to the power of collective action toward a common goal. One of the most striking examples of this power was the success of “moneybombs” for Republican candidate Ron Paul. Rallying under the banner of the Paul campaign, thousands of people — most of whom had never met — donated money and worked together on a scale unprecedented in US electoral history.

In November 2007, these moneybombs helped Ron Paul raise more than $4.2 million in a single day. The very next month, Paul raised more in a single day than had ever been done previously; a total of more than $6 million, a record that still stands. Other grassroots campaigns also sprouted, each putting hundreds and thousands of hours and dollars toward the goal of raising money and awareness for Paul… and I was one of them. Motivated by Ron Paul’s presidential announcement, I launched my own grassroots effort to put up billboards in the early primary states.

The sum of all of these efforts became an important historical moment for grassroots political activism via the internet. It demonstrated what could be accomplished by “crowd-funding” projects using social media and other online platforms. The only problem was that it was all directed toward electoral politics; so all of that time, energy, and money was essentially wasted on trying to get “the right person” in office in order to make a change. A counter-argument is that even though Paul lost, his message was able to be spread throughout the country. The issue with that argument is that there are numerous individuals and groups already educating the public (and not just during election season) on a host of important viewpoints and issues; people whose efforts we could support to greater effect, given the same amount of time and money.

And who ends up with this money anyway? Large media conglomerates and corporate banks are often the final destination of funds; due to the fact that so much of it is spent on television advertising and other high-overhead, centralized methods — the (in)famous Ron Paul blimp, for instance. The term “moneybomb” seems pretty appropriate… considering that the money is essentially blown to bits by being used this way.

Now is the time to change the concept of moneybombing from something for politicians, to something for each other. We are increasingly living in a peer-to-peer world thanks to the internet; we need to utilize this technology to cut out the political middlemen, by working on solving issues for ourselves. Who is more fit to address the issues that affect us but us! Whether you have a great idea that needs funding, volunteers, or materials; or you want to contribute to others instead (or both!), we can achieve this without the bureaucracy and inefficiency of politics.

Robert LeFevre on Objectivism

From The Fundamentals of Liberty (page 6) – by Robert LeFevre

There are also those who contend that objectivity is everything. They contend that the world is real and that everything that is, is. They are correct in their contention as to the existence of reality. But they are not correct when they contend that the uses of the mind are also objective. It is from this argument that the assumption grows that accurate knowledge is totally objective and that anything that is incorrect is subjective.

Thus, those who favor objectivism attempt to make it appear that the “rational” man is one who has objective knowledge and the “irrational” man has only an opinion which remains subjective. This is a very attractive way of looking at things for it can always be interpreted to mean that you are “right,” and that anyone who disagrees with you is “wrong” and hence “irrational”.

The weakness in this philosophy relates to the fact that no one ever really knows everything about anything. You only know those portions of reality that you have observed and correctly understand. Knowledge is an open circuit, not a closed one. You can always learn more. This will be more fully demonstrated later on. The process of education is a continuing one.

The philosophy offered here actually combines subjectivity and objectivity without denying the valid features of either. The real world is objective. It exists whether you are aware of it or not. The uses of the mind are subjective. They relate to the manner in which you observe and the way in which you think. Knowledge is the correct union of the two.

Voting is Evil – Christine Smith

From the web:


Indiana prosecutor told Wisconsin governor to stage ‘false flag’ operation

Here’s the full story

Gold as the Silent Witness

Dan Norcini writes:

I wanted to post some brief comments to let some of the newer readers understand why many of us believe that there is a war being waged upon gold by the Central Banks of the West.

Let me start this off by quoting from none other than former Fed Chairman Alan Greenspan more than 40 years ago:

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard

What the former Fed Chairman was then saying was that absent a gold standard or some device for restraining the unlimited creation of fiat money, there was nothing to impede monetary officials from engaging in such activity to the extent that it would ultimately set in motion a process of inflation, which is really just another name for the erosion of the purchasing power of a nation’s currency by debasing it. Inflation was and is in essence, the transfer of wealth from one class to another.

Today we have the Fed engaging in the very process that Greenspan warned against back then. We also have the BOJ and the ECB effectively doing the same thing to an extent.

Unlike Silver, Gold is the main metal that most analysts and commentators look to when attempting to decipher whether or not inflation is a serious problem. That means the reference point of gold has become a target for Central Banks which want the world to believe that they can create unlimited amounts of funny money with absolutely ZERO impact on inflation levels. In other words, that they can conjure up wealth and produce prosperity with the electronic equivalent of a printing press and produce no serious inflationary impact by so doing.

A rising gold debunks their hubristic assertions to the contrary for it stands as a silent witness testifying against them. This is the reason the yellow metal is despised by so many Central Banks. It mocks their policies and displays their folly for all the world to see. Central Bankers, being the demigods that they are, will tolerate no rivals to their claims of economic omniscience. You see they have actually come to believe that it is their own wisdom and foresight which enables them to see through the fog that hinders and impedes our economic progress and that they are in a unique position to provide the rest of us with lasting prosperity. They attempt to do this by basically providing or withdrawing liquidity as they in their wisdom judge best and by the setting or manipulation of interest rates.

Those of us who believe that it is free market capitalism and the industry and efforts of mankind that produce wealth and prosperity would beg to differ but that is another story altogether. I would add that it is my opinion that the world would be better off without this plague of locusts that actually devour a nation’s wealth but the fact is that they are here.

While they are here gold will attempt to move in such a manner that it either blesses or curses their policies. Now we all would love to have our policies approved by the vote of the market but what about those times in which the market frowns on our course of action and refuses to smile upon it? Why this is but a simple matter – attack the messenger! If one can somehow manage to keep the price of gold under wrap so that it does not move sharply higher then one can attempt to make the claim that inflation is not a serious problem. The comments usually go something like this:

“Well Jerry, we are looking at the gold price and from what we can see, that while it is definitely higher, it is not soaring out of control. The market may be pricing in some gradual inflation but the action in the gold price is telling us that any fears of inflation getting out of control are definitely unwarranted. Besides, we all agree that some inflation is a good thing because the alternative is deflation and no one wants to see that”.

Imagine Fed Chairman Ben Bernanke testifying before Congress saying that the current rise in prices of many goods is only “temporary” and “relatively modest” if the gold price were soaring beyond $1650 and higher! Do you think anyone would take anything that the Chairman said seriously? Copper can soar higher and most will not notice it. Even if it does, it is generally explained as a positive because we are told it is a sign of strong economic growth ahead. Crude oil and energy prices can rocket higher and that can be attributed to geopolitical unrest among oil producing nations. Food can rise sharply and everyone notices that but such things are often explained away by citing weather conditions, supply constraints, etc. but a rising gold price? How does one explain that away?

The only reason that gold has a sustained price rise is because of a lack of confidence in the monetary system. It does not rise sharply because of such things as jewelry demand or industrial demand – it rises when fear, distrust, doubt, suspicion and uncertainty over Central Bank policy reigns. It rises when REAL interest rates are negative and investors understand the insidious process of currency debauchment practiced by these monetary authorities is underway. It thus cries aloud and issues a warning to those who can hear it and what it shouts displeases many Central Bankers because they are among those who while they despise its message, are all too keenly able to hear that message.

Thus the messenger, the prophet, the oracle, must be silenced or at the very least, his message blunted, toned down, marginalized, trivialized by whatever means possible. The mechanism employed to do just this is a subject for another time and place. Suffice it to say for now, without the efforts by the monetary officials of the West to discredit gold, it would be trading considerably higher. Even at that however, the ancient metal of kings refuses to go quietly and docilely into the night. It will yet have the final say.

“Government Motors” sells just 281 Chevy Volts in February, Nissan only moves 67 Leafs

This is what happens when central planners try to run the economy – they do not have the ability to know the desires and motivations of millions of individuals.

From Green.Autoblog:

Peruse Chevrolet‘s February sales release, and you’ll notice one number that’s blatantly missing: how many Chevy Volts were sold. The number – a very modest 281 – is available in the company’s detailed data (PDF), but it apparently isn’t something that GM wants to highlight. Keeping the number quiet is understandable, since it’s lower than the 321 that Chevy sold in January.

Nissan doesn’t have anything to brag about here, either (and it avoided any mention of the Leaf sales in its press release). Why? Well, back in January, the company sold 87 Leafs. In February? Just 67. Where does that leave us? Well, here’s the big scorecard for all U.S. sales of these vehicles thus far:

  • Volt: 928
  • Leaf: 173

Ouch. The big questions, of course, revolve around one word: “Why?” Is ramping up production still a problem? Is demand weak? Are unscrupulous dealers to blame? When will sales start to climb? And what are these numbers doing to plug-in vehicle projects at other automakers? We don’t know all the answers, but for more on February auto sales, click here.

[Sources: General Motors, Nissan]

Filed under: EV/Plug-in, Hybrid, Chevrolet, GM, Nissan, AutoblogGreen Exclusive

Tags: auto sales, breaking, electric vehicle, leaf, leaf sales, plug-in hybrid, volt, volt sales