Jordy Blog

Green Eco-Capitalism as a Lever for a Marxist Revolution

This clip is an excellent lesson on the subversive strategies of Marxism. In it, the (now former) White House “green czar” Van Jones explains how the green movement will start out relatively benign, but will eventually transform into an engine for massive (socialist) societal changes.

A quote from the clip:

“Right now we’re saying we want to move from suicidal gray capitalism to some kind of eco-capitalism where at least we’re not, you know, fast tracking the destruction of the whole planet.

Will that be enough? No it won’t be enough. We want to go beyond systems exploitation and oppression altogether; but that’s a process.

And I thing what’s great about the movement that’s beginning to emerge is that the crisis is so severe in terms of joblessness, violence, and now ecological threats that people are willing to be both very pragmatic and very visionary.

So the green economy will start off as a small subset, and we’re going to push it, and push it, and push it, until it becomes the engine for transforming the whole society.”

Yes, that’s the guy Barack Obama picked for his green czar. Any clues as to what made him so attractive? But he’ll just be replaced by somebody with like ambitions –only the next guy will not have made the mistake of divulging the specific game plan.

Sadly, the rhetoric employed by the likes of Van Jones discredits the whole green movement, which undoubtedly has some real merit.

Now, just a couple comments about the quote itself:

1. It’s interesting to see that saving the planet is not enough. What’s even more interesting is that the end game, a moratorium on capitalist “exploitation and oppression altogether”, actually has nothing to do with the initial pretenses at all.
2. It’s interesting to see Van Jones revel in delight at the size and scope of the crises. After all, the bigger the crises, the more heavy-handed the solution can be.

Lastly, this crisis-mongering reminds me of a couple favorite quotes (via quoty):

“Rule one: Never allow a crisis to go to waste. They are opportunities to do big things.”

Author: Rahm Emanuel (White House Chief of Staff under Barack Obama), Source: Inteview with CBS News program “Face the Nation”

‘We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.’

Author: David Rockefeller, Source: Statement to the United Nations Business Council, 1994

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Tea Parties: Protesting Taxes, Bailouts, Big Government (Spending), Debt, and Inflation

I’ll be taking part in my second-ever protest today. My first was a recent “End the Fed” rally at the SLC branch of the Federal Reserve Bank. Today I’m attending a couple of the Utah Tea Parties.

Frankly, I’m outraged by the tax and spend policies that BOTH major parties have been adhering to lately. Actually, most Republicans prefer the “borrow and spend” method, which is even more insidious: passing our debt to future generations and incentivizing inflation as a “cheap” means of paying that debt.

I think Jefferson said it best:

We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds… [we will] have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers… And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for [another ]… till the bulk of society is reduced to be mere automatons of misery… And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.

Although Daniel Webster was more succinct:

The power to tax is the power to destroy.

If you agree with either of those statements, you should join us!

Here’s the most complete set of Utah locations I have found so far:

City: Salt Lake City ~ 1st Event
When: April 15, 12:00 pm – 3:00 pm
Where: Federal Building Plaza, 125 South State Street
Program
Activist and Author Candace Salima
Attorney General Mark Shurtleff
Congressman Jason Chaffetz (3rd District)
Congressman Rob Bishop (1st District)
For more information, contact Adam Gardiner at agardiner14@gmail.com (801-814-8963).

City: Logan
When: April 15, 4:00pm – 6:00 pm
Where: 241 North Main Street (south of Logan Library/City Hall)
For more information, contact Susan Southwick at susanksouthwick@gmail.com.

City: Salt Lake City ~ 2nd Event
When: April 15, 5:00 pm – 7:00 pm
Where: US Post Office Salt Lake City, 1795 W 2100 S
For more information, contact David at saltlaketeaparty@gmail.com (801-377-8224).

City: Provo
When: April 15, 5:00 pm – 7:00 pm
Where: Old Utah County Courthouse at the corner of University and Center
For more information, contact David at saltlaketeaparty@gmail.com (801-377-8224).

City: St. George
When: April 15, 5:00pm – 7:00pm
Where: Vernon Worthen Park, 300 S 400 E
For more information, contact Rinda Hunter at rinda.hunter@washco.utah.gov.

City: Vernal
When: April 15, 5:00 pm
Where: 150 East Main Street
For more information, contact Susan Southwick at susanksouthwick@gmail.com.

City: Richfield
When: April 15, 5:30pm – 7:30pm
Where: City Park, near 300 North and Main Street

I hope to see you there!

By the way, I’ll be spending most of my time protesting inflation: the hidden tax.  I’ll do a post illuminating the disasterous effects of inflation later.

Economic Woes: Understanding the Cause and the Cure

Robert Lefevre observed that “Government is a disease that masquerades as its own cure.“

Obama’s “Economic Stimulus” package, like Bush’s and Bernanke’s banking bailouts, typify this statement. No sooner is the economic knife twisted in on our belly than our haggardly assailant disappears into the night. Immediately our saviour appears, riding on his white horse and swearing revenge. But how did he get here so fast?

Obama’s Economic Stimulus Package

Let’s just look at the Obama’s so called “economic stimulus” package logically.

Was our current economic situation really caused by a lack of green energy? Did we really just not have enough STD prevention education? Was it all this really because we didn’t have enough high speed internet in rural areas? Was it because our current highway system is inadequate? Did we just not have enough food stamps?

If none of these problems were part of the underlying problem, how does fixing them constitute a solution? Yet that’s literally what we’re being billed. Government simply changes out the labels in its pork processing plant, and all-of-a-sudden we can’t get enough. In government, just re-brand whatever your selling as “Economic Relief”, “Stimulus Package”, or “Cure to Whatever Happens to Ail You Today”, and it’s bound to sail right through.

Sure, there’s much more to Obama’s “Economic Stimulus” plan than funding STD prevention education, but it’s all crap because it all ignores the recessions’ underlying causes. Even the tax cuts are crap because, just like the Bush tax cuts, there is no associated cut in spending. In fact, to say that we’re getting quite the opposite of spending cuts is a remarkable understatement.

Cutting taxes without cutting spending requires either inflation or debt. The former (like taxation) steals from current citizens, while the latter steals from future citizens. Both payment vehicles are immoral. Should income taxes be decreased or even eliminated? Absolutely. But the only lasting way that government can stop stealing the wealth of its citizenry is to stop spending it!

Our Current Recession: the Cause and the Cure

If we really want to fix our economic problems, we need to fix them at the cause. But remarkably few people understand the cause –and that’s what makes us so vulnerable to government deception.

To understand the cause and the cure of our current recession, shouldn’t we look to the people with proven track records –you know, the people that actually foresaw the current crisis before it happened? Remarkably, the solutions offered by people like Peter Schiff and Ron Paul –people who were dead right about the economy even before the bubble burst– are still being relatively ignored. The alternative approach: what our economy really needs is more people teaching kids how to use condoms. Good grief!

If you want to understand the cause of recession, as well as its cure, Ron Paul says it pretty succinctly:

Cures for Our Economic Disease

I have recently had several opportunities on various news programs to discuss the economy and what is wrong with the so-called economic stimulus package. I have said over and over what we shouldn’t be doing, and now I’d like to explain what we should be doing.

But to improve the situation, you must first have a solid grasp of how we got here. Government policies and central planning created the housing bubble, now going bust. About a decade ago the government made expanded homeownership and affordable housing a public goal. Through Fannie Mae, Freddie Mac and the secondary mortgage market the government incentivized creative, low down-payment, more widely available mortgage products, and discouraged the market-proven lending standards of the past. The Federal Reserve kept interest rates artificially low, which added more fuel to this fire. Many related sectors temporarily flourished because of this, and many people got into homes they otherwise could not have afforded. The increased demand for housing sent prices soaring until in many markets housing became even more unaffordable, necessitating even more creative mortgages, and impossibly leveraging homeowners. Many risky investment vehicles such as mortgage-backed securities, derivatives, credit default swaps grew out of this unsustainable situation. As the foreclosures began, the house of cards started to tumble. Too many people have confused the symptoms and the pain of the bust with the problematic policies that caused the bubble, which is really what needs to be treated.

First of all, just as the best cure for a hangover is not to drink so much, the best cure for a recession is a recession. It is time to sober up and return to free market sanity, risk and reward, supply and demand, without political intervention. Politicians are good at catering to the needs of special interests, but very bad at determining what needs to take place in the market. Government should stick to punishing fraud and enforcing contracts. When they use the tax code, bureaucratic departments and their manipulative rules and regulations to dictate social and economic behavior, we end up with distortions and malinvestments. Bailing out banks, continuing failed Fed policies and strapping the taxpayer with toxic debt will worsen the pain, and punish the innocent.

If Congress really wanted to do something helpful, it would cut taxes. Ideally, we would repeal the income tax altogether and get the IRS off the economy’s back, which would be a huge boon. We should also cut spending. Cut every unconstitutional department and program, every wasteful governmental encroachment on the people’s liberty and money, starting with our massive overseas empire. The cost of our empire is bringing us to our knees, just as the Soviets’ empire did to them. Congress should also abolish the Federal Reserve and take back its responsibilities to ensure sound money, safe from the manipulations of powerful banking interests.

These things would constitute real change, real economic stimulus. The plans being bandied about Washington are just more of the same. As long as no one seriously considers the cure, we are unfortunately destined to prolong the disease.

There it is, refreshingly simple.

Now that we’ve identified our assailants as big government and central banking, maybe we can go after them! Or wait, here come a couple brave knights who seems more than willing to do that for us. Hold on a second… Don’t we know you?

Debauching the Currency

I really like Glenn Beck when it comes to the economy:

This uncontrolled spending (and it’s underlying debasement of the currency) may well destroy us.

Inflation, as a means of overthrowing the free market:

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens … Lenin was certainly right. There is no subtler, no surer means of over-turning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose. – John Maynard Keynes (via quoty)

Inflation, as a means of overthrowing our nation and our liberties:

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson (via quoty)

Sadly the “change” mantra was nothing more than a seductive lie, because when it comes to the policies of spending and inflation, Comrades Obama and Bush (not mention McCain) are exactly the same.

Meet the new boss. Same as the old boss. :(

Bush Signs “Mortgage Relief” Bill

Thank goodness our “limited government” Republicans are here to bail us out of the negative economic results of big government through the use of even more big government.  Socialized housing, here we come.

Big Government Responsible for Housing Bubble

 I wish more people understood the substance of this recent article from Ron Paul:

Big Government Responsible for Housing Bubble

The House passed two bills attempting to rehabilitate the housing and mortgage market this week.  There doesn’t seem to be any shortage of criticism and blame for the bad decisions, and rightly so.  Lenders and banks do share much of the blame for the overheated market.  Lending standards were relaxed, or even abandoned altogether, creating an exaggerated pool of homebuyers that led to ballooning home prices that many, especially real estate investors, expected to continue forever.  Now that the bubble has burst, the losses are staggering.

However, many in Washington fail to realize it was government intervention that brought on the current economic malaise in the first place.  The Federal Reserve’s artificially low interest rates created the loose, easy credit that ignited a voracious appetite in the banks for borrowers.  People made these lending and buying decisions based on market conditions that were wildly manipulated by government.  But part of sound financial management should be recognizing untenable or falsified economic conditions and adjusting risk accordingly.  Many banks failed to do that and are now looking to taxpayers to pick up the pieces.  This is wrong-headed and unfair, but Congress is attempting to do it anyway.

These housing bills address the crisis in exactly the wrong way, by seeking to hide the problem with more disastrous government bail-outs and interventions.  One measure, HR 5830 the Federal Housing Administration (FHA) Housing Stabilization and Homeowner Retention Act would allow the FHA to guarantee as much as $300 billion worth of refinanced home loans for those facing threat of foreclosure.  HR 5818 the Neighborhood Stabilization Act, would provide $15 billion in loans and grants to localities to purchase and renovate foreclosed homes with the object of then selling or renting out those homes.  Thankfully, President Bush has vowed to veto both of these bills.  It is neither morally right nor fiscally wise to socialize private losses in this way.

The solution is for government to stop micromanaging the economy and let the market adjust, as painful as that will be for some.  We should not force taxpayers, including renters and more frugal homeowners, to switch places with the speculators and take on those same risks that bankrupted them.  It is a terrible idea to spread the financial crisis any wider or deeper than it already is, and to prolong the agony years into the future.  Socializing the losses now will only create more unintended consequences that will give new excuses for further government interventions in the future. This is how government grows – by claiming to correct the mistakes it earlier created, all the while constantly shaking down the taxpayer.  The market needs a chance to correct itself, and Congress needs to avoid making the situation worse by pretending to ride to the rescue.

The only change I would make is to note that, despite its intentionally misleading name, the Federal Reserve is not a government entity; it’s a privately owned bank.

By the way, if everybody wants “change”, and everybody is worried about the economy, why does the Utah GOP (and the GOP in general) go out of their way to ensure that the only presidential candidate that is talking about meaningful change at the very root of our financial problems gets no serious consideration from the mainstream.  Ron Paul has been talking about sound monetary policy for years; and even thought the bubble has burst (making the validity of his tenets even more painfully obvious), he still gets no love from the powers that be at the Utah Republican Party Convention.

Be sure to follow Ron Paul’s weekly columns. They really are excellent.