Austrian Economic’s Capitalism vs Keynesian Economic’s Communism.

Isn’t it strange? We are living in the 21st century, a period of time in which people buy land on the moon, humanity has dozens of satellites providing GPS services, and real time traffic information.

The internet brings people and information as close as one click, science and technology are making historic break throughs … but economists cannot agree on the real cause of the latest financial crash (2008).

Generally speaking, there are two schools of thoughts when it comes to diagnosing the 2008 crash. One is based on free market principles and is detailed in Austrian economics. The other is based on [communism's] central planning and is centered around Keynes (hence, Keynesian economics).

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What Iceland Teaches Us: “Let Banks Fail”

a-free-iceland-tells-international-banks-to-pound-sand

Three years after Iceland’s banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say.

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Deadbeat Representative Paul Ryan & Obama’s Banking Cartel: Allows Cutting Education Assistance By $100 Billion, Cut Food Stamps By $2.2 Billion, & Health Care By +$6.6 Billion.

IN A SPEECH SEVERAL WEEKS AGO TO THE AMERICAN ENTERPRISE INSTITUTE, THIS MISERABLE RINO REGARDED THOSE WHO (PAID INTO AND RELIED UPON) THEIR INSURANCE PROGRAM FOR DISABILITIES AND THEIR RETIREMENTS AS LAZY AND INDOLENT

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Obama Administration Continues To Ban Offshore Drilling When Gasoline Is Climbing To $5/gallon.

Solar Minimum-Quiet Sun, Warns Of Deadly Cold And Snow Ahead: While British Controlled Air Waves, Pump Global Warming Lies!

  1. Transition from oil to renewable energy 100 years away, says Exxon Mobil
  2. Another Hundred Years Of A World Fueled By Oil – Wall Street
  3. Oil Will Dominate for Next 100 Years,  Shell Oil

Rothschild Banking cabal Defeated By Iceland’s ‘We The People': Key Lesson From Iceland Crisis: “Let Banks Fail”

Rothschild & Queen Dizzy II Go Hand In Hand.

Agence France-Presse notes:

Three years after Iceland’s banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say.

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Rothschild’s Minions : Lenin, Obama, & Sun Yat Sen ~ The Gang Of Counterfeiters!

Yes, in 1917 Rothschild financed Vladimir Lenin to over throw the Russian King to establish a way to centralize (funnel) money into Rothschild’s coffers in London. This scheme was labeled ‘communism’ or if you want a prettier name you can call it ‘socialism’.

Socialism [Parent of communism, marxism, nationalism, etc.] was being worked out in China beginning in 1913 with Sun Yat Sen, we’ll get to him later. Another Vladimir – Vladimir Putin, got out from under Rothschild’s subjugation by paying off USSR’s debt in 2006. Putin’s Purge Of The Rothschild Money Changers – Forums of Pravda.Ru

People Of Russia didn’t like centralizing their hard earned cash to the Banking Cabalists. So someone blew the rear end out of a Lenin statue.

“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.”

- Vladimir Lenin

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Remember -> Communist Joe Lieberman, Accepts Fraudulent Science Data For America’s Republic: U.S. Senate Found Crooked Scientists Obstructed, Concealed, Manipulated, Colluded, & Lobbied Influence Upon Political Processes For Climate Scheme.

Rasmussen : 72% Of America Want Off Shore Drilling

Joe Lieberman (IINO) Independent In Name Only – Cap & Trade

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London Educated Paul Krugman: Co-Constructs Basis For ‘Death Panels’ Through New Keynesian Economics aka; Smoke Screen Economics!

In CONGRESS, July 4, 1776.

The unanimous Declaration of the thirteen united States of America,

WHEN in the Course of human events, it becomes necessary for one people to desolve the political bands (of The British Monarchy – my emphasis) which have connected them with another, and to assume among the powers of the earth, the seperate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. 

BRITISH MONARCHY’S MOVEMENT FOR A NEW WORLD ENTROPY

Co-Construct The Modus Operandi For Society To Be Ruled Under ==> Monarchy Serfdom aka; Dictatorship aka; Communism ==> So as to Dictate Life based upon Economics OWING ALL TO THE ROYAL PAIN IN THE ASS -> The British Monarchy

Paul Krugman A New Keynesian Economist : This Is A Smoke Screen For Creating Failure And Then Crying Out For Centralized Control aka; British Monarchy. This type of Economics is pure propaganda for George Soros To co-construct FAILURE - thus producing complete knowledge to Hedge Against aka; Investing 'short' money against what is being made to fail. In short, this is called Pump/Dump Economics an Illegal Insider Trading Economic Smoke Screen personified by Paul Krugman and exploited by British Agent George Soros.

KRUGMAN WANTS “DEATH PANELS

Yesterday, on ABC’s “This Week,” New York Timescolumnist Paul Krugman addressed the subject of escalating health care costs. He said, “Some years down the pike, we’re going to get the real solution, which is going to be a combination of death panels and sales taxes.”
Catholic League president Bill Donohue comments as follows:
It was not necessary for Paul Krugman to “clarify” what he meant yesterday, but he took the opportunity to do so anyway on his blog. He wrote that “health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for—not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care.” Indeed, he is calling for death panels. In fact, he even characterized his comments on “This Week” by saying that “the eventual resolution of the deficit problem both will and should rely on ‘death panels and sales taxes.'” (My emphasis.)
Krugman has written 19 columns mentioning “death panels,” almost all of them in a mocking tone. He has spoken of the “death panel smear”; the “death panel lie”; and the “death panel people” as being part of “the lunatic fringe.” Similarly, there was a New York Times editorial in September that took to task “the cynical demagoguing about ‘death panels.'” Two weeks ago Times columnist Maureen Dowd blasted those who engaged in “their loopy rants on death panels,” and one week ago Times columnist Frank Rich talked about “fictions like ‘death panels.'”
So it turns out that all along Krugman’s ridicule was just a smoke screen: he’s wanted death panels from the get-go. Whether he speaks for the editorial board, Dowd and Rich is not certain, but it’s time for them to stop the antics and tell the public what they really believe. Krugman has. Catholics, especially the bishops, would love to see them all come clean.
Jeff Field
Director of Communications
The Catholic League for Religious and Civil Rights
450 Seventh Avenue
New York, NY 10123
212-371-3191
212-371-3394 (fax)

Unalienable Rights – Absolute Rights – Natural Rights

The absolute rights of individuals may be resolved into the right of personal security, the right of personal liberty, and the right to acquire and enjoy property. These rights are declared to be natural, inherent, and unalienable. Atchison & N. R. Co. v. Baty, 6 Neb. 37, 40, 29 Am. Rep. 356.

By the “absolute rights” of individuals is meant those which are so in their primary and strictest sense, such as would belong to their persons merely in a state of nature, and which every man is entitled to enjoy, whether out of society or in it. The rights of personal security, of personal liberty, and private property do not depend upon the Constitution for their existence. They existed before the Constitution was made, or the government was organized. These are what are termed the “absolute rights” of individuals, which belong to them independently of all government, and which all governments which derive their power from the consent of the governed were instituted to protect. People v. Berberrich (N. Y.) 20 Barb. 224, 229; McCartee v. Orphan Asylum Soc. (N. Y.) 9 Cow. 437, 511, 513, 18 Am. Dec. 516; People v. Toynbee (N. Y.) 2 Parker, Cr. R. 329, 369, 370 (quoting 1 Bl. Comm. 123).

Chancellor Kent (2 Kent, Comm. 1) defines the “absolute rights” of individuals as the right of personal security, the right of personal liberty, and the right to acquire and enjoy property. These rights have been justly considered and frequently declared by the people of this country to be natural, inherent, and inalienable, and it may be stated as a legal axiom [A principle that is not disputed; a maxim] that since the great laboring masses of our country have little or no property but their labor, and the free right to employ it to their own best interests and advantage, it must be considered that the constitutional inhibition against all invasion of property without due process of law was as fully intended to embrace and protect that property as any of the accumulations it may have gained. In re Jacobs (N. Y.) 33 Hun, 374, 378.

EXERCISE YOUR UNALIENABLE RIGHTS WITH RESPECT FOR OTHERS
AND NEVER LET GOVERNMENT DEPRIVE YOU OF THEM!

Transcript of the entire Declaration of Independence

Learn the fate of the signatories

The 13 Colonies



Obama: Broke And Loving It!

Pelosi ~ Hillary ~ Obama ~ Boxer

We are all suffering? Who are we kidding? Lots of us love the financial crisis. Here’s a roundup:

OBAMA: “We are out of money now.” March 23, 2009

The left loves the financial crisis because it supports their view that the free market doesn’t work and justifies their anger at capitalism. Here’s the clincher ~ George Soros, Congressional Socialists, through the British monarchy ‘designed this failure’. In their mind, as how they have been mislead, this is exactly what happens when you follow a policy of deregulation and tax “giveaways” to the rich. Their only fix is to get rid of the corporations, the executives, the investors, free trade, property rights, and everything else that has given us the highest per-capita GDP in the world of any large country and replace it all with central committees straight out of the Cuban Revolution. The patient has the flu and their cure is the guillotine.

Glass Steagall Act With Stroke Of A Pen Will Nullify Derivative Debt: Europe To Effectively Restore Glass Steagall – Including Austria And Belgium!

Communist IINO Joseph Lieberman: War Monger ~ NWO Operative ~ Socialist Sleeper Cell.

The mainstream media love the financial crisis for the same reason that they love any disaster. Will you and your children be forced to live in a tent city surrounded by trash with no running water or bathrooms? We’ll tell you just how bad it is going to get and what you can do right after this commercial break.

CNBC loves the financial crisis. Their ratings are up 30%, and that’s before the Santelli tea party.

Fox News loves the crisis because it belongs to Barack now.

My friend from high school loves the financial crisis and hopes it gets 100% worse. “I’ve been poor all my life,” he says. “Everyone should know how it feels.”

Senator John McCain loves the financial crisis because he can talk about how wasteful earmarks are and make fun of the worst, like the pig odor study. Senator, you’re a genuine war hero who brought tears to my eyes when you asked me to stand up for America. Is that really your best issue?

Obama McCain’s Deadly Defense Cuts: America Becoming A Helpless Tightly Controlled Reservation?

Hold McCain Accountable: Voted To End 95,000 Jobs ~ Voted To End F-22 Fighter Jet ~ Voted For A National Security Failure ~ The F-35 Dysfunctional Jet!

Orchestrated Housing Bubble – McCain Erases 100,000 Middle Class Jobs On F-22 Raptor – While Obama Prints Out Trillions Of Fabricated Debt For Britain’s Banks

The Democrats love the financial crisis because they can push their agenda through Congress by playing Good Samaritan — i.e., we’ve got to help all of those hardworking folks on Main Street. In their version of the parable, the Samaritan helped his fellow traveler on the side of the road by raising the minimum wage, forcing him to join a union, taxing carbon dioxide, and telling him to learn Spanish.

George Soros: Hit-Man For The British Oligarchy

Barry Hussein Soetoro: Britain Rothschild’s Operative For Central Banks – George Soros British Operative!

Iran, Venezuela, al-Qaeda, and the rest of America’s enemies love the financial crisis because not only have we lost our credibility, but foreign policy issues have completely fallen off the agenda.

Senator Ron Paul, Glenn Beck, and the “hard money” guys love the crisis because they have been predicting that our free spending ways would eventually collapse the financial system. While you are all absolutely right that the first thing the U.S. needs to do is to put the shovel down and stop digging, this is just the warm-up. The real crash won’t hit until all of the boomers have retired and start cashing their Social Security and Medicare IOUs.

Michael Moore loves the financial crisis. His next film is all about how Americans are getting screwed by the financial industry. If you’re one of those poor unfortunates who got a home loan despite having no job, income, or assets, please send your tale of woe to bailout@MichalMoore.com.

Paul Krugman of the New York Times loves the financial crisis. He gets to write daily op-eds about how the Obama administration should spend even more money. Publicly disagree with him, and he gets to write another op-ed in which he calls you a bonehead. This bonehead — I mean, Nobel Prize-winning economist — has calculated that for every $1 the government spends, $1.50 in new GDP is created. By that logic, the government should spend all of its money to buy paper, ink, and printing presses and then just as the kids say, make it rain up in here.

Comedians love the financial crisis because it’s the gift that keeps on giving. Have you heard about Ford’s new car? It’s a hybrid that runs on a combination of gas and bailout money (David Letterman). And you know Guantanamo Bay’s going to be closed. Yes, the economy’s so bad that even the terrorists are losing their homes (Jay Leno).

Rush Limbaugh loves the financial crisis. Rush has been on top of his game ever since the Democratic primaries, and now that the party is in control and recycling its failed “War on Poverty” policies and breaking its centrist campaign promises, there has never been a better time for him to ask America if this is what they voted for, and articulate alternatives. We can only hope that the White House attacks that have very likely doubled his audience in just the past few weeks help to create a grassroots conservative monster.

Hamas also loves the crisis. In October, Prime Minister Ismail Haniyeh said that the U.S. financial collapse was a punishment from Allah because we supported the Gaza siege. Now that we’re paying $900 million to rebuild Gaza and giving scholarships to Palestinian students, I assume that Allah will spare us.

Rahm Emmanuel and Hillary Clinton love not just the financial crisis, but any crisis. And why shouldn’t they? They’re not the ones who get stuck with the check when the government screws up.

Those infamous “community organizers” love the crisis. Perhaps you were wondering what ever happened to those rock throwing delinquents that have followed the World Trade Organization, the World Bank, and the G8 everywhere they’ve gone since 1999. (Except to Singapore. Nobody messes with Singapore.) Now they’re shutting down Greece, ousting prime ministers in Iceland, rioting in Eastern Europe, torching BMWs in Germany, targeting foreclosure auctions in New York and CEO’s homes in Connecticut, striking and picketing parliament in London, and waving the hammer and sickle in Moscow. Track their progress here. And 2.5 million people are striking in France, proving that it is possible to actually surrender to a recession.

Nouriel Roubini loves the economic crisis. Nicknamed Dr. Doom, he is interviewed by Forbes, Bloomberg, CNBC, and other news media whenever they want a dire prediction of multi-trillion dollar banking losses. We can assume that book sales and consulting revenues are up. His claim to fame is that he predicted the real estate crash and stock market collapse. Kudos to financial writer Eric Tyson for noting that this college professor, who has no special access to economic data, also predicted a recession in 2004, 2005, 2006, and 2007. Of course, he is just one of many analysts that have been forecasting financial Armageddon for years and are now enjoying the spotlight.

Even some banks love the financial crisis. Northern Trust, fed up by government condemnation of a lavish party that they threw in February, decided to give their TARP money back and said that they didn’t even want it in the first place. Northern was founded in 1896 and has a reputation for conservative management. It survived the Great Depression with no government assistance. And now, this medium-sized Midwestern bank is worth more than Citigroup and half as much as Bank of America. Perhaps instead of criticizing them, Congress should be asking for their advice.

And I love the financial crisis because I can write articles like this. Does anyone else love the financial crisis? Let me know.

Tristan Yates is an investment analyst and the author of Enhanced Indexing Strategies. His articles and research have appeared in the Wall Street Journal, Yahoo!, and many other publications.

via Pajamas Media » Loving the Financial Crisis.