Author Archives: Antonius Aquinas

     

 

 

Demonocracy: The Great Human Scourge!

 

Review: Christophe Buffin de Chosal, The End of Democracy, Translated by Ryan P. Plummer.  Printed in the U.S.A.: Tumblar House, 2017.

 

Christophe Buffin de Chosal: The End of Democracy. Needless to say, Buffin de Chosal is quite a controversial political philosopher. While this is not the first book trying to demystify modern-day democracy, such critical assessments are rare. One of the best-known efforts is Hans-Hermann Hoppe’s Democracy, the God that Failed, which considers  democracy and other political dispensations primarily from the perspective of the time preferences of the ruling classes. [PT]

 

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An Ominous Sign of Things to Come

Despite being probably robbed of the Democratic Party’s nomination by the Clinton political machine, the success of the Bernie Sanders’ 2016 campaign with his advocacy of “democratic socialism” was an ominous sign of things to come and, in some sense, more telling of the political climate than Donald Trump’s improbable victory in November, 2016.

 

Bernie Sanders, yet another professional finger-wagger (he is actually famous for his constant finger-wagging by now). Never trust a politician who keeps wagging his finger in  admonishment – he or she is almost certainly a wanna-be authoritarian. [PT]

Photo by Win McNamee / Getty Images

 

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Yosemite Sam Gets Worried About Federal Debt

In a talk which garnered little attention, one of the Deep State’s prime operatives, National Security Advisor John Bolton, cautioned of the enormous and escalating US debt.

 

Deep State operative John Bolton, a.k.a. Yosemite Sam [PT]

Photo credit: Mark Wilson / Getty Images

 

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Glitches on the Road to MAGA

While the farcical Kavanaugh confirmation hearings dominated the news cycle for the past couple of weeks, little mention was made of a disturbing economic headline – the August US trade deficit. Despite all the bluster from the Trump Administration about “winning trade wars” and “trade wars are easy”, America’s trade imbalances for August were the highest ever and its deficit with its most contentious partner – China – reached an all-time high.

 

Bi-directional trade bazooka [PT]

 

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A Piece of Paper Alone Cannot Secure Liberty

The idea of a constitution and/or written legislation to secure individual rights so beloved by conservatives and among many libertarians has proven to be a myth. The US Constitution and all those that have been written and ratified in its wake throughout the world have done little to protect individual liberties or keep a check on State largesse.

 

Sound money vs. a piece of paper – which is the better guarantor of liberty? [PT]

 

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Bombs Away!

Two recent articles* have again demonstrated that the greatest “terrorist” entity on earth are not the bogymen – Russia, China, Iran, North Korea – so often portrayed by Western presstitutes and the American government, but the United States itself!

 

This is an old cartoon, but still a good one. It perfectly describes the trigger-happy Western political class and the depth of its “thinking”. By happenstance we recently reviewed the Libya intervention (Libya is the failed state in the Maghreb that used to be one of the most prosperous countries in Africa). The eccentric tinpot dictator Gadaffi was not necessarily likable, although he was certainly entertaining from afar. But everything we were told by the press about his actions and plans during the “Arab Spring” that was used by Western politicians as a justification for  bombing the country back into the stone age and making it a safe haven for jihadists and crazed warlords in which inter alia slave markets are thriving openly these days, was a lie. It was really nothing but lies from A to Z, essentially a repetition of the pre-Iraq war playbook. After a UK parliamentary report pointed all of this out after a comprehensive post mortem investigation (it included the evidence that was deliberately withheld in the run-up to the intervention), some apologists tried to argue that political leaders at the time were perhaps not sufficiently informed and made a few small but ultimately excusable “mistakes” in their eagerness to save innocent lives. Right – after all, they only had the most sophisticated surveillance and espionage systems in all of history at their disposal. Anyone interested in a bridge in Brooklyn? [PT]

 

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Redefined Terms and Absurd Targets

At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.”  To the Fed, the financial press, and most everyone else “inflation” means rising prices instead of its original and true definition as an increase in the money supply.  Rising prices are a consequence – a very painful consequence – of money printing.

 

Fed Chair Jerome Powell apparently does not see the pernicious effects of inflation (at least he seems to be looking around… [PT])

Photo credit: Andrew Harrer / Bloomberg

 

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Voting with their Feet

A couple of recent articles have once more made the case, at least implicitly, for political decentralization as the only viable path which will begin to solve the seemingly insurmountable political, economic, and social crises which the Western world now faces.

 

Fracture lines – tax and regulatory competition allows people to “vote with their feet” – and they certainly do. [PT]

 

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Contradictory Palaver

The recent hullabaloo among President Trump’s top monetary officials about the Administration’s “dollar policy” is just the start of what will likely be the first of many contradictory pronouncements and reversals which will take place in the coming months and years as the world’s reserve currency continues to be compromised.  So far, the Greenback has had its worst start since 1987, the year of a major stock market reset.

 

A modern-day reenactment of the famous “our currency, your problem” play that went over so extremely well in the 1970s… [PT]

 

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A Brief Outbreak of Sanity

After nearly a year of gaffes, provocations, threats, bombings, destabilizing arms deals, and, most recently, the disastrous decision to recognize Jerusalem as the capital of Israel, the sanest member of the Trump Administration, Secretary of State Rex Tillerson, appeared to have begun a new and promising diplomatic direction in relations with tiny, beleaguered North Korea.

 

Oil man and uranium man – will there be an exchange of binoculars soon? As regular readers know, after studying numerous official photographs of Kim, we have concluded that what he really wants is a pair or two of really spiffy new binoculars. International diplomacy is not exactly rocket science, one just needs to be a little observant. And giving him new field glasses would be a lot cheaper, less bloody, and less likely to generate unhealthy levels of radiation than waging war.  [PT]

Screenshot via nypost.com

 

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Rude Interruptions

As long as the US Empire can be funded and maintained on the backs of its taxpaying public, the chance of a deescalation of tensions not only on the Korean peninsula, but throughout the world are practically nil.  And as long as the nation’s current interventionist ideology holds sway, it will only be through a financial meltdown that the role of the US as global policeman will come to a much-needed end.

 

Hamhung, North Korea, June 30, 1950; an example of minor collateral damage suffered by North Korea during the behavior-modification police action of the early 1950s. Let us be clear that we have no sympathy for the hereditary Stalinist dynasty/junta oppressing the people of North Korea. Nevertheless, it should be crystal clear by now why military interventionism is problematic: it usually not only fails to achieve anything remotely resembling the desired result, in most cases it actually brings about the exact opposite. It bolsters popular support for even the vilest regimes, as the focus of the population’s anger is redirected at an external enemy; instead of destabilizing  autocrats and tyrants, it often ends up fortifying their position. Anything short of a complete victory will leave an implacable enemy in place, who as we can see in the example of North Korea can end up posing a major problem for decades. Past attempts to persuade the regime to abandon nuclear weapons (usually in exchange for economic concessions) often failed because the NK regime sabotaged them; all indications are that its decisions are driven by intense paranoia. In light of this, past agreements were often ill-conceived, as they inter alia involved the transfer of nuclear technology for supposedly “peaceful” purposes. The regime’s actions are mainly informed by a desire for self-preservation – its threats and posturing have to be seen in the context of this overarching goal. Given the deep scars left by the Korean war and the examples of tinpot dictators elsewhere who surrendered their WMD capabilities only to be hunted down and killed while their fiefdoms were bombed back into the stone age, it should not be too difficult to figure out why the NK regime wants to hang on to its nuclear weapons. [PT]

Photo credit: STR/AFP/Getty Images

 

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Expensive Politics

Instead of a demonstration of its overwhelming military might intended to intimidate tiny North Korea and pressure China to lean on its defiant communist neighbor, President Trump and the West should try to learn a few things from China.

 

President Trump meets President Xi. The POTUS reportedly had a very good time in China. [PT]

Photo credit: AP

 

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