By Simon Black: Bangkok, Thailand - Check out this chart below. It’s a graph of total US tax revenue as a percentage of the money supply, since 1900.
For example, in 1928, at the peak of the Roaring 20s, US money supply
(M2) was $46.4 billion. That same year, the US government took in $3.9
billion in tax revenue.
So in 1928, tax revenue was 8.4% of the money supply.
In contrast, at the height of World War II in 1944, US tax revenue
had increased to $42.4 billion. But money supply had also grown
substantially, to $106.8 billion.
So in 1944, tax revenue was 39.74% of money supply.
You can see from this chart that over the last 113 years, tax revenue
as a percentage of the nation’s money supply has swung wildly, from as
little as 3.65% to over 40%.
But something interesting happened in the 1970s.
By Thorsten Polleit: Thorsten Polleit of the Frankfurt School of Finance, and an Associated
Scholar of the Mises Institute, recently spoke with the Mises Institute
about
central banksters and fiat money.
Mises Institute:
Central banks keep increasing the money supply, and yet it looks like there’s still confidence in those fiat currencies.
Thorsten Polleit:
Indeed. Policymakers obviously succeeded in taking panic out of the
markets and, at the same time, creating the impression that their
actions would
“rescue” the economies without causing inflation. Their propaganda turns
out to be rather successful.
MI: The strategy that the central banks have been using in recent years appears to be working so far.
Polleit:
It clearly shows how far central banks’ manipulations can go to uphold
the fiat money regime, which is actually a “monetary Ponzi game.”
However, one
should be aware of the fact that without severe market manipulations
such as the suppressing of interest rates to basically zero, and the
printing of
new money for propping up ailing banks and governments, the fiat money
system would presumably have collapsed already.
MI: So if the current strategy fails, what will happen?
Stefan Molyneux: Working in military surveillance, violating the non-aggression
principal, parent/child communication, the consequences of withholding
connection from children, self-erasure, questions not plugs, a human
firehose, being assertive and escaping doublethink.
By Jalon Cain (aka Aaron Sleazy): Feminist
blogs tends to give me the impression that those people live in a
fantasy world. Of course, the automatic response is that due to all the
white male privilege I enjoy, I’m not able to perceive the plight of the
oppressed. Yet another one of those tools of suppression is the recent
phenomenon of “street harassment” that leads to the consequence that
instead of running errands, women nowadays run the gauntlet whenever
they leave the house because there are hordes of men harassing them.
Never heard of “street harassment”? Don’t worry, you’re in good company, because before a few years ago Google didn’t know much about it either.
There is certainly a lot of excitement online nowadays about “street
harassment”. I don’t have to link to Jezebel, but other sites you may
not be familiar with include Hollaback!, Stop Street Harassment, or a relatively active Tumblr blog with the all-caps title HOW MANY WOMEN FIND STREET HARASSMENT FLATTERING?
I can only encourage you to check out some of those sites since they
make for a bemusing reading. Don’t be surprised if something doesn’t
make much sense to you. You might even be surprised that “street” is
interpreted rather generously. As a warmup, read how Laura was
“channeling her inner wonder woman”, not on the street but in a bar:
Perseus999: The last minutes of the public Radio broadcast before the riot police
invasion at ΕΡΤ, while journalist Nikos Tsimbidas is surrounded by riot
police inside the studio.
Max Keiser and Stacy Herbert burning matches at stall speed as the US is
now producing as much new debt as goods and services and the rate of
currency dilution exceeds the rate of production growth. And what
happens when an Empire hits 'stall speed?' They plunder and steal from
workers and savers through inflation; or through the NSA 'surveillance.'
By Dr. Tara J. Palmatier: Have
you ever marveled at how your abusive wife, girlfriend or ex is able to
do and say the most hurtful, underhanded and contemptible things and
then portray herself as the innocent victim? Have you ever wondered how
she is able to convincingly accuse others, usually her victims, of the
abusive behaviors and attitudes of which she is actually guilty? Wonder
no more, the answer may be DARVO.
Dr Jennifer J. Freyd, PhD of the University of Oregon identified DARVO in the 1990s at the tail end of the repressed sexual abuse memories hysteria.
In spite of its dubious origins, DARVO is a helpful concept with
broader applications than Dr Freyd seems to have originally intended.
Freyd writes about DARVO in conjunction with her work on betrayal trauma, which I discuss on the original Shrink4Men blog. According to Dr Freyd’s webpage:
“DARVO refers to a reaction that perpetrators of wrong
doing, particularly sexual offenders, may display in response to being
held accountable for their behavior. The perpetrator or offender may
Deny the behavior, Attack the individual doing the confronting, and
Reverse the roles of Victim and Offender such that the perpetrator
assumes the victim role and turns the true victim into an alleged
offender. This occurs, for instance, when an actually guilty perpetrator
assumes the role of “falsely accused” and attacks the accuser’s
credibility or even blames the accuser of being the perpetrator of a
false accusation.”
SchoonWorks: Darryl Robert Schoon discusses politics, money and power; who has it,
who distributes it and where that leaves the rest of us. There is order
in the confusion and it is not what we think it is. The future will be
better, in spite of humanity. Source
By Robert O'Hara: Imagine
that you are a fly on the wall of a private meeting. The attendees
include a legislative lobbyist, an arts council member, a political
writer, a bestselling novelist, a communications assistant for a
national chamber of commerce, a web developer, a special education
teacher and a child care worker.
What do you imagine you would hear in that meeting? Maybe plans to
improve children’s education, especially those with special needs?
Perhaps a call to mobilize resources to ensure school kids are not
attending class hungry, or that they are safe from abuse and
exploitation? Maybe you would hear concerns about the quality of
education and school budgets during the global recession, or other
problems faced by the upcoming and developmental generation of world
citizens.
Well, one such meeting has been happening, conducted by well-placed
individuals who fill the job descriptions listed above. But educational
and welfare improvements were not the topics they discussed.
Max Keiser and Stacy Herbert, "remember, remember it's yet again the 5th
of November and banksters and conmen still rule" whether with
Obamacare's privatization of healthcare or private equity as the new
slumlord toll collectors.
