Yearly Archives: 2017

Bogus “Copyright Infringement” and Fraudulent Pok-ee-ston-ee “Support”

Here is the text of SuperNerd’s livechat exchange with Site5’s “customer support”.  I have changed SuperNerd’s name. Can’t make this crap up…

Chat ID: 45910890 Initial Question: I just got an email saying that a third party complaint was filed against barnhardt.biz but NO specifics were given nor any discovery on the part of Site5 to determine if the complaint was legitimate, a misunderstanding, or something I had no idea was an issue but would be willing to remediate.
3:23:46 PMSystem Ashish S has joined the chat!
3:24:28 PMAshish S Hello SuperNerd. Welcome to live chat, My name is Ashish. I will be assisting you today.
3:24:31 PMAshish S I extremely apologize for the wait time.
3:24:52 PMAshish S Could you please elaborate your query?
3:24:59 PMAshish S Could you please provide the email
3:25:05 PMSuperNerd What is it you don’t understand?
3:25:24 PMSuperNerd “Upon review of a third party complaint and your account activity, we have deemed your account to be in violation of our Terms of Service. Specifically, Section 21 of the Terms of service We have determined that we are not the most appropriate host for your business needs, and require you to seek hosting services elsewhere (outside of Site5 and all our sister companies) to service the website moving forward. Pursuant to our Terms of Service we have permanently suspended your account. You will have until Monday August 28th, 2017 to retrieve your files, at this point in time your account will be terminated.”
3:25:46 PMSuperNerd What does “Abuse Type: AUP” mean anyway?
3:25:55 PMAshish S Let me check that for you. Could you please provide me with the support code visible under “Support Options” on the left-hand side of the page so that we can verify your account. To get the support code, please go to your Customer Area at https://customers.site5.com/clientarea.php with your login details.
3:26:35 PMSuperNerd 90109-xxxxx
3:28:58 PMAshish S Thank you for your authentication. Please be on hold for 3-5 minutes while I check this for you.
3:38:04 PMAshish S Thanks for being on hold, SuperNerd. Since you have violated our terms of service, you are requested to move your files to another hosting provider before August 28th. After that, it will be suspended.
3:38:37 PMSuperNerd In what way were the terms of service violated, and does this mean only barnhardt.biz has to move or all domains on the parent account?
3:39:29 PMAshish S Please refer this – https://www.site5.com/legal/terms-of-service/
3:39:45 PMSuperNerd I did — that didn’t answer the question one bit.
3:39:48 PMAshish S Section 21: You represent and warrant to Site5 that you: (i) will use the Services in compliance with all applicable laws, rules, and regulations, including without limitation, with respect to your websites and any User Content; and (ii) you are solely responsible for all activities conducted on or through any website on your account, including any transactions or interactions with end users of your website.
3:40:12 PMSuperNerd As far as I can tell, Site5 is in breach of contract because nothing about any website on my account violates that section.
3:40:36 PMAshish S Yes you need to remove only one domain account that is barnhardt.biz
3:40:59 PMAshish S Also, you are requested to reply to the ticket regarding this.
3:41:02 PMSuperNerd If I violated any term of service, you should, at a minimum, tell me how precisely it was violated.
3:42:34 PMAshish S You will be given a detailed explanation by our security team once you post the reply on ticket – WLF-474-68017
3:42:55 PMSuperNerd I want a positive statement that my account with Site5 is not in jeopardy of being closed down. The domain referenced in the complaint has already been removed from Site5 — did you not look to verify that?
3:43:29 PMAshish S You have been violated our TOS regarding Copyright Infringement, unfortunately.
3:43:38 PMSuperNerd Where do I find information about that ticket?
3:43:56 PMSuperNerd Copyright infringement? All of the content on that site is custom generated!
3:44:10 PMSuperNerd What SPECIFICALLY is alleged to be a violation?
3:44:15 PMAshish S You can get the ticket in client area > support tickets
3:44:53 PMAshish S Regarding the violation, our TOS team will update you. Please post your reply in the ticket.
3:47:14 PMSuperNerd So you either cannot or refuse to tell me what the violation is?
3:47:24 PMSuperNerd How does this qualify as “support?”
3:48:46 PMAshish S Unfortunately, we have just received the notice of Copyright Infringement. To know more about this, a ticket was created. So I would request you to post your reply in the ticket so that our TOS team would reply regarding this with all the details.
3:49:43 PMSuperNerd Is it the practice of Site5 to suspend an account just because a complaint — even if there is absolutely no merit to it — is received, and without giving the account holder a chance to answer any allegations or make corrections?
3:53:50 PMAshish S I apologize, but for such serious issues, the ticket is placed on our higher end and its needs to go through our higher authorities. So once you respond to the ticket, you will be notified regarding this in depth.
3:54:39 PMSuperNerd So what you’re saying is that you cannot or will not help me and it took the better part of an hour to get that answer?
3:56:49 PMAshish S Unfortunately, we are authorized to look at the better part. If we could, we would have provided all the details. So I would request you to respond the ticket and our SIte5 TOS team will help you with this.
3:57:00 PMSuperNerd Can you tell the “higher ups” who can answer this to please actually answer? I have replied to the ticket. I replied by email HOURS ago but nobody is replying.
3:58:01 PMAshish S We hadn’t got the reply earlier. Now we see the reply. Our TOS team will look into this and reply you back. Your patience and cooperation are highly appreciated in this regard.
3:58:12 PMSuperNerd I really think Site5 wants me to do business with someone else. I also think this lack of customer service constitutes a gross breach of contract and Site5 should be refunding me the full balance of what I paid for hosting once I’ve moved all of my site to a competitor.
3:59:08 PMSuperNerd Since there is nothing you can do for me (or you’re refusing to do for me) I don’t see the point chatting any more. Have a good day. Or night. In which country are you located?
That’s right, folks.  Bogus charges ginned up (copyright infringement – on a website of self-generated content, youbetcha), no notification, no explanation, complete suspension without recourse, and then fraudulent Pok-ee-stonny”tech support” following a script.  So, in review:
Secret “charges”.
No trial.
Summary execution.
Guilty “verdict” after the execution has been carried out refusing explanation of the so-called “crime” committed.

This has an oddly familiar ring to it…  “You’re guilty”.
“Guilty of what?”
“Don’t worry about it.  You’re just guilty.”
“Well, how can I possibly reform my nefarious ways if you won’t tell me what I have done wrong?”
“Read the entire legal code over and over again until you understand that YOU. ARE. GUILTY.”
This is TEXTBOOK Marxist kangaroo “law”.  And you folks need to get your heads around the fact that THIS is how things will be operating.  You MUST force yourselves to understand and fully comprehend that the Rule of Law, objective reality, evidence, rationality, justice and fundamental human decency are OUT THE WINDOW with these people.  The old axiom, “Since I have done nothing wrong I have nothing to fear” is a LAUGH LINE TO A BAD JOKE.
I don’t throw the term “post-Christian” around because I think it sounds smart.  This is a post-Christian culture.  Expecting honest dealings, integrity or even shame from these people is simply irrational.  Their chosen culture is diametrically opposed to these virtues on a level so deep and so defining that we would call it “religious” with a lower-case “r”.
And, it certainly bears mentioning that these people use musloids in Pok-ee-ston and other musloid outposts precisely because mendacity is a core foundational plank in musloid society.  “Ashish S.” knows that he is a fraudulent actor in this, and that his job is to merely deflect the victims of his employers and provide zero support, and he is completely and totally fine with that.  Heck, last week “Ashish S.” was probably doing scam IRS collection calls to senior citizens.  Marxists and musloids flock together for a reason.
I’m glad this happened, because I am always glad to be able to be at the spearpoint of these things so people can see how these things work and play out, and thus you guys can now start taking aggressive, proactive steps to protect yourselves.  It’s a kind of reconnaissance work, really, and I have no problem doing it.

Totalitarian Censorship Attempt Thwarted For Now….

It’s war, folks.  All it takes is a “third party complaint”, if that, and these wretches will shut you down.  There is no reason given, no recourse, nothing.  That is what just happened to me over the past few hours with Site5 hosting.  Anyone using Site5 should drop them immediately.  They are Austin commies.  Here’s the text of the email that came:

Upon review of a third party complaint and your account activity, we have deemed your account to be in violation of our Terms of Service. Specifically, Section 21 of the Terms of service We have determined that we are not the most appropriate host for your business needs, and require you to seek hosting services elsewhere (outside of Site5 and all our sister companies) to service the website moving forward. Pursuant to our Terms of Service we have permanently suspended your account. You will have until Monday August 28th, 2017 to retrieve your files, at this point in time your account will be terminated.

Michael W.
Site5 Compliance Team

And, of course, Section 21 has absolutely nothing in it germane to this website.  Zippo.  But, that doesn’t matter.  Remember, there is no Rule of Law.  All that matters is power.  Evidence, truth, rationality – none of it matters when dealing with these people.  There is no “reasoning with”, “dialoguing” or anything else.  Get this through your head, and things like this, when they happen to you, will be much easier to deal with.

This is how it is going to be for all of us from here on out.  This is why at the very end of today’s podcast I talked about how desperately we need someone in either Poland or Hungary to set up an offshore hosting company for the former U.S., and for fallen Old Europe.  Someone who could guarantee Christians that they will not be censored, and that their webhost isn’t dealing in porn or worse.  It seems to me that this would be a billion-dollar entity overnight.  The market is just slightly hugantic.

Three cheers for SuperNerd, who lived up to his moniker today!  I think he just executed the world’s fastest site migration.  Hooyah!

Thanks to one and all for the concerned inquiries.  And don’t be surprised if this happens again.  Many, many evil eyes watch this site compulsively – and evil never rests.

 

Barnhardt Podcast #022: Tinker, Tailor, Gunsmith, Nerd: Let’s Talk Trades!



[Direct link to the MP3 file]

In this episode, after dispensing with the notion that everyone should go to college, we discuss and recommend some trades that one might consider in lieu of taking on a sentence of 20 years to life of paying back student loans. Traditional trades are high on the list — and virtually impossible to outsource overseas — but nerdy skills are a viable option as well. We also talk about some fields where higher education (going to college) are pretty much a requirement but are solid fields to consider.

Feedback: send your questions, comments, or trades we didn’t mention but you think are a great idea to consider to [email protected]

The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website.

Podcast Feed: In addition to the links below, if you want to subscribe to ONLY the Financial Friday episodes you can do that with your pod-catcher of choice with this URL: http://feeds.feedburner.com/BarnhardtPodcastFinancialFridays

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This Song Just Gets Better and Better….

Volume to eleven, now.

From the bright sunny South to the war, I was sent,
E’er the days of my boyhood, I scarcely had spent.
From its cool shady forests and deep flowing streams,
Ever fond in my mem’ry and sweet in my dreams.

Oh, my dear little sister, I still see her tears.
When I had to leave home in our tender years.
And my sweet gentle mother, so dear to my heart,
It grieved me sincerely when we had to part.

Said my kind-hearted father as he took my hand:
“As you go in defense of our dear native land,
“Son, be brave but show mercy whenever you can.
“Our hearts will be with you, ’til you return again.”

In my bag there’s a Bible to show me the way,
Through my trials here on earth and to Heaven some day.
I will shoulder my musket and brandish my sword,
In defense of this land and the Word of the Lord.

Barnhardt Podcast #021: Total Eclipse of the Truth



[Direct link to the MP3 file]

In this episode we discuss the gangster-like tactics of groups like the American Defamation League, the Southern Poverty Law Center, and ProPublica and explain how it will be groups like this who will be compiling the hit-lists of conservatives for the Alt-Left and musloids to “take care of.” We also review the situation of the two bishops in white in Rome and what it would take to clear up the question of who the Pope is… and also why clearing up that question is only the beginning of cleaning up the current mess.

Recommended Reading:

Feedback: send your questions, comments, or photos of yesterday’s eclipse to [email protected]

The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website.

Timestamp Outline:

00:00 Intro, SPLC threats against The Remnant Newspaper, targeting for ruination of all people who do not subscribe to Soros/Bergoglio/SJW/NWO agenda.
04:50 Today’s leftists are direct analogues to, if not worse than French Revolutionaries who executed a genocide in the Vendee.
07:24 Vulnerability and ideological dynamics in PayPal and other “Palo Alto” corporate cults, banks, etc.
10:00 Keep your eye on Zuckerberg as possible Antichrist, if there are in fact the End Times.
12:45 Understanding the enemy’s desire to break people financially through litigation
19:47 Institutional agent provocateurs
23:30 Contra-education as first line of attack
27:16 Stepping through the logical progression of what happens if and when either Pope Benedict XVI gloriously reigning dies, or Antipope Bergoglio dies, or Antipope Bergoglio “resigns”
46:11 So long as Bergoglian Antipapcy is falsely acknowledged, it will continue to be satan’s tool to destroy souls.
49:25 Pope Benedict XVI and the heresy of Quietism
56:36 What if Antipope Bergoglio “resigns”?
59:02 The only path forward in the Truth and the Whole Truth.  Partial Truth is NOT good enough. Declare Bergoglio Antipope, eject and nullify, and then WAIT FOR RATZINGER TO DIE.
01:03:08 Is PARTIAL truth now ok? When exactly did it become so?
01:05:10 What should the prayer intention be? If you genuinely care about Joseph Ratzinger and Jorge Bergoglio, how can you not pray full application of justice in the fullness of truth?
01:07:00 The Blessed Virgin is the Undoer of Knots, and she is so powerful that she could intercede and completely undo this knot such that both Ratzinger and Bergoglio repent and make it to the Beatific Vision.  The problem is that almost no one has the faith to ask her for this. They are only asking for her to partially undo the knot, which would still leave a knot.
01:11:00 Conclusion, announcements and acknowledgments

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Eerily Accurate… My SPLC “Women Against Islam” Hit List Entry

I hadn’t looked at this for a while.  I was struck by the accuracy of it given recent events.

Remember, the point of this project by the SPLC was to inspire musloids to attempt to intimidate (at bare minimum) the women on this list, presumably into spending crippling amounts of money on security, etc., or to inspire musloids to kill us, like they tried with Pam Geller.

Here is the text, with my notes:

Also, I remember thinking that the yellow highlights of this caricature look very much like a chapel veil, which is really cool, albeit totally, completely inadvertent by the artist who did it, obviously.

Ann Barnhardt

born 1976
Centennial, Colo.
barnhardt.biz

Ann Barnhardt, a blogger and former commodities brokerage owner whose house was sold in 2013 to satisfy a federal tax lien [false, the selling price at public auction was exactly the balance on the mortgage – the IRS got NOTHING], is one of the most extreme Muslim-bashers in the United States [Aw, thank you!]. She refers to Muslims as “musloids,” [correct] says that Islam is a “seditious system working against every government” in the world that must be “exterminated,” [exactly correct] and once burned a Koran with a bacon bookmark [try FOURTEEN bacon bookmarks, Hon] for a YouTube video. In 2011, she said “the Muslim population is mentally and developmentally disabled on a mass scale,” [absolutely] describing it in the same essay as the only population that “is mentally and physically devolving.” But Barnhardt’s blind rage [righteous anger] isn’t only directed at Muslims. She says that beginning in 2008, when Barack Obama was elected, a “cold putsch” began that she predicts will lead to riots and civil war, [awkwaaaaard…] the importation of “millions of socialist Latin Americans,” [awkwaaaaaaaard…] and, ultimately, the Chinese Red Army landing in America. [Still think this will be the inevitable result…] She urges people to buy long guns [YES!] because “THERE WILL BE MASS RAPES when the inner city hip-hop contingent can no longer be contained by standard law enforcement.” [Yep.] And she opposes women’s suffrage, saying that it “effectively castrated” men and wrecked the family. [DAMN STRAIGHT.] She once described herself as “a buzzsaw crossed with a blowtorch,” and about that, at least, she is surely right. [Troof is troof, yo.]

————————

This is the pic the artist used for the caricature, which is funny because I think this is one of the most flattering pictures of me out there.  He clearly just replaced the mouth from a smile to whatever the pursed-lip thing is called, and made the eyes look sad. It coulda been worse! He made Ann Coulter look like the Cryptkeeper.

 

Ho ho ho.  And look what I just found:

Trump lambasted Geller for “insulting everyone” in the wake of the shooting at her event.

I had forgotten about that.  But then, two years ago I didn’t give Trump much thought either way.

Barnhardt Podcast #020: One Hour War College: Charlottesville, Kayfabe and Schizophrenics in the Foxhole



[Direct link to the MP3 file]

In this episode we discuss the events of the last week in Charlottesville, Virginia, and whether this is the opening round of the Great American Civil War: a war that will be fought without defined battle lines everywhere throughout the united States — and beyond? — and could be the opening act for the End Times.

Recommended Reading:

Feedback: send your questions, comments, or photos of leftists posing as right-wingers to [email protected]

FEEDBACK UPDATE:

Dear Ann,

Outstanding, thank you.

I want to bring up a point for your edification. It may seem rather
obvious, but it is an important insight into humanity. Even though
nothing contained in this podcast was new to me, such clear
elucidation helps a person internalize the situation, if that’s the
right phrase, thereby sharpening zeal, resolve and bearing. Those
three things, related but distinct, will be the key to how this all
plays out.

It would be tempting to compare it to the way a rousing speech can get
a crowd going, but this isn’t a great example, because the crowd
itself is an operator. A more proper comparison would be when a
person, with prayerful disposition and good intent, reads Pius X, Leo
XIII, or as you just did, Benedict XV: It makes you want stand up and
point to the source and scream, “THIS! THIS IS EXACTLY CORRECT.” And
of course, to want to share the reality with others. The physical act
of reading/hearing the words of a forceful argument, even when they
merely confirm what you already know to be true, transmits directly to
interior and exterior action.

I know sometimes it feels you’re banging your head against the wall,
but you must never stop. Keep saying it over and over and over.

Thank you,
N

The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website.

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Starting Thursday Off Right: Recoiling Before the Enemy Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

To recoil before an enemy, or to keep silence when from all sides such clamors are raised against truth, is the part of a man either devoid of character or who entertains doubt as to the truth of what he professes to believe.

In both cases such mode of behaving is base and is insulting to God, and both are incompatible with the salvation of mankind.

This kind of conduct is profitable only to the enemies of the faith, for nothing emboldens the wicked so greatly as the lack of courage on the part of the good.

Moreover, want of vigor on the part of Christians is so much the more blameworthy, as not seldom little would be needed on their part to bring to naught false charges and refute erroneous opinions, and by always exerting themselves more strenuously they might reckon upon being successful.

After all, no one can be prevented from putting forth that strength of soul which is the characteristic of true Christians, and very frequently by such display of courage our enemies lose heart and their designs are thwarted.

Christians are, moreover, born for combat, whereof the greater the vehemence, the more assured, God aiding, the triumph: “Have confidence; I have overcome the world.”

Nor is there any ground for alleging that Jesus Christ, the Guardian and Champion of the Church, needs not in any manner the help of men. Power certainly is not wanting to Him, but in His loving kindness He would assign to us a share in obtaining and applying the fruits of salvation procured through His grace.

SAPIENTIAE CHRISTIANAE
Pope Leo XIII
Paragraph 14

Some Points of Review on Monetary, Banking and Derivatives Theory

(Just to polish up on things since we are discussing Bitcoin and cryptocurrencies in general….)

I have covered some of these concepts in my YouTube Economics Video, but some are new. Also, Karl Denninger’s book “Leverage” is a great resource which I used heavily in making my video.

1. After the war and collapse, I would recommend once again outlawing branch banking and bank holding companies. Did you know that branch banking (a bank having more than one physical location) was only popularized in the early 20th century by Bank of America (now one of the biggest pus-filled gangrenous boils on the global financial corpus, requiring amputation and burning to ash of said infectamenta. Yes, I just made that word up. You’re welcome.)

In the U.S., back when it still existed, the McFadden Act of 1927 prohibited most branching and all interstate banking. The Bank Holding Company Act of 1956 prohibited all bank holding companies from owning banks outside of their headquarters state, a business model that sprang up as a specific attempt to circumvent the McFadden Act. This restriction on branching provided a BRAKING MECHANISM. If you don’t permit banks to branch and coalesce under one Holding Company, it keeps banks limited to a reasonable size with strong ties to the local economy, and thus greater accountability to the community it serves. It also prevents exactly the problem we have today of one bank, by itself, being able to collapse the entire global financial system if it is “permitted” to collapse – as it should. Remember my citations of the derivatives exposure of the top 4 banks in the former U.S.?

JP Morgan: $78 TRILLION in derivatives / $1.8 Trillion in assets
Citibank: $56 TRILLION in derivatives / $1.2 Trillion in assets
Bank of America: $53 TRILLION in derivatives / $1.5 Trillion in assets
Goldman Sachs (aka US Government): $48 TRILLION in derivatives / $89 BILLION in assets

If banks are limited to one brick-and-mortar location with ATM machines, all of the garbage above stops. Banks will once again be neighborhood businesses, directly, personally accountable to their customers, and simply unable to inflict systemic damage because their size would be checked by the constraints of physical distance.

Also, foreign-owned banks should not be permitted to open up branches after the war, obviously.

So when was the “brake” removed from the banking system? Guys, it was only in ARSH 1994 with the Riegle-Neal Interstate Banking and Branching Efficiency Act, which at its heart is what forced banks to start making bad loans to non-white people under the Community Reinvestment Act, which were then bundled, derivativized and churned, and finally dumped on the FEDGOV, which is to say the taxpayer. THAT, my little chickadees, was the coup de grace. That was the death thrust. Once they got that through, the end result of total systemic collapse was LOCKED IN. What we have been in for the last 20 years is the bleed-out.

2. There can be derivatives (forward delivery contracts and options of forward delivery contracts) and other risk management products, but I am convinced that these markets can ONLY be allowed if the execution is 100% open outcry, meaning NO COMPUTER EXECUTION OF TRADES EVER, UNDER ANY CIRCUMSTANCE. Orders can be routed to the trading floor electronically, but then they MUST be executed by one human being screaming like a freak at another human being. Then the fill can be transmitted back to the customer electronically – but the EXECUTION must be human-to-human. Again, this goes back to my concept of “braking”. Human execution and open outcry is a massive brake on a market. Humans can only move so fast and place so many orders, or cancel/replace those orders. In the time it takes humans to place orders and then have them executed, information can continue to flow into the market and be reacted to appropriately. The volume and volatility is held in check by the limited speed and capacity of the human market participants. Again, computer execution is an invention of only the past 15 years. I myself placed my first electronically executed order in ARSH 2006. Not only can we go back to open outcry, we MUST go back to open outcry. And I promise you, an all open outcry market would become the global standard for price discovery precisely because the price discovery would be PURE, not merely a meaningless pissing match of market manipulation by a handful of computer algorithms.

3. Exchanges MUST be not-for-profit entities. All of the guys in Chicago pinpoint the “end” of the markets with the Chicago Mercantile Exchange “demutualizing” and becoming a for-profit concern on November 13, ARSH 2000. Once the exchange becomes a for-profit entity, it whores itself out to whomever and whatever will generate execution fees, and will balk at performing its role and entire raison d’être, namely serving as a universal guarantor and counterparty and backstopping failed firms – because, you know, that might cut into profits or something. The conflict of interest is so egregious there simply aren’t words to describe it. It has to stop.

4. Back to banking. As covered in my video, as sourced from Denninger’s book “Leverage”, banks must be forced to use the “One Dollar of Capital” accounting method. Briefly, banks MUST be forced to post, dollar for dollar, their own capital against unsecured loans (credit cards and signature loans). They must further be forced to mark to the market EVERY DAY their collateralized loans (mortgages, auto loans, anything with a physical asset behind it). When there is a shortfall between the salvage or liquidation value of the underlying asset and the value of the loan, the bank MUST post that shortfall with its own capital. This is the only way to keep the depositors safe, and, once again, will act as a BRAKE against making bad loans, which is a crime against both the bank shareholders and depositors, as well as the borrower. We don’t give stupid and/or morally defective people loans for the same reason we don’t let toddlers play with Samurai Swords.

Oh, and also, failing to capitalize unsecured loans IS NAKED SHORTING THE CURRENCY, which is a capital offense. It’s stone-cold counterfeiting. It is a crime against humanity and a crime against peace. It is theft on a civilizational scale. It is a crime that calls out to heaven for vengeance, because it is robbing from the widow and orphan, and depriving the laborer of his just wage.

5. Okay this is new. There are people out there who swear up and down that fractional reserve banking and the creation of money within the banking system must stop. I disagree. There can be, and perhaps even SHOULD be fractional reserve banking – so long as the “One Dollar of Capital” paradigm is present and ENFORCED.

Here’s the deal. Human populations should GROW. People should reproduce in excess of the replacement rate. “Be fruitful and multiply.” Now, if you recall from my Economics video, I put forth my premise that the base “commodity” behind ALL money is, in fact, human life, namely the human capacity to labor, produce and create THROUGH TIME. Even gold is a “fiat” proxy for human potency. “Ooooh. Shiny yellow metal that doesn’t rust. LET IT BE money. Give me gold in exchange for my labor, and then I will use that gold to buy bacon and hats.”

So, if we have an economy consisting of ten people, ten pounds of bacon, and one hundred seashells which are the currency, AND THAT IS THE ENTIRE ECONOMY, then the clearing price of bacon will be 10 seashells per pound. (100 seashells divided by 10 pounds of bacon)

Now, what happens when the human population has doubled to twenty people? Well Buster, you’re gonna need more bacon. So now your economy is twenty pounds of bacon. But, wait. There are still only 100 seashells, so that means that the price of bacon is now 5 seashells per pound. (100 seashells divided by 20 pounds of bacon) Um, what happens when there are 100 people? This deflationary paradigm would dictate an economy with 100 pounds of bacon now “clearing” at 1 seashell per pound. And what happens when there are 1000 people and 1000 pounds of bacon? 1/10th of a seashell per pound of bacon? And 10,000 people 10,000 pounds of bacon? That would be 1/100th of a seashell per pound. And you see where this goes.

As economies grow in toto, AS THEY SHOULD, because the human population is growing, the money supply should grow and SCALE WITH THE POPULATION OF HUMANS. Why? Because MONEY is a FUNGIBLE PROXY for human capacity to labor, produce and create. Mo’ peeps, mo’ jack. So, back to our example, when there are 10,000 people noshing 10,000 pounds of bacon, there SHOULD BE 100,000 seashells in the economy (total money supply), which would then bring us right back to where we started – the clearing price of the bacon would be ten seashells per pound.

Can you say PRICE STABILITY, baby? Aw, yeah. That’s what I’m talking about. Dig it: in a price-stable economy, if you put away 1000 seashells when you’re 25, when you are 85 your 1000 seashells will still buy you 100 pounds of bacony goodness. And economic growth has developed unfettered over the past 60 years because there has been no perverted incentive to either hoard seashells (deflation) or to NOT save seashells (inflation).

So, here’s the big punchline. How do we accomplish this business of scaling the money supply to the growing population? We all agree that the whole Central Bank thing is from the darkest pit of hell, so… shouldn’t money be “created” in a non-centralized way through a healthy, diffuse banking system with “One Dollar of Capital” being enforced as outlined above with a SENSIBLE FRACTIONAL RESERVE COEFFICIENT?

Ya dig? Ya feelin’ me on this?

The conceptual keys to this are A.) the proper understanding of money as a “fiat” proxy for human capacity itself, coupled with B.) the moral truth that human populations should grow and multiply. If you’re unsound on either of these foundational premises, you’re not going to get it.

6. As a corollary, how do we define the sizes of economies? In dollars? Nope. These systems should be measured in terms of a transcendent, invariant unit. Currencies are, by definition, variant, because they are constantly changing relative to one another. This includes the dollar, which is itself measured against a BASKET of other currencies. I propose that GDP should be measured in the unit of MAN HOURS or MAN YEARS. $20 per hour average wage. 2000 hour average work year. Because the buying power of an average man hour or man year shouldn’t change much at all. Think about it.

So, if we take the latest bee-ess GDP for the former US of $16.8 trillion, and if we use an average wage of $20 per hour, or $40,000 per year, we get an economy of 840 billion man hours, or 420 million man years.

Puts a different spin on it, huh? Now, you really want your mind blown? Do that same calculation with the debt (now $18 trillion). Now do it with the unfunded liabilities of the FEDGOV (conservatively $250 trillion).

450 million man years, and 6.25 billion man years respectively.

7. Finally, since you’re probably sitting there thinking that people need to be executed for this mess, let me throw out an idea for how to go about meting out justice for these massive financial crimes after the war. I would simply say that the amount of a theft should be converted to man years, and if the man years-equivalent of what was stolen is in excess of the average working life of a man, say 50 years, then the offense would be a capital offense and execution would be on the table. For anything less than that, the man years conversion would inform the judge or jury as to incarceration terms.

So, just pulling a completely random number out of the sky, say $1.6 billion, and converting that to man years at an average wage of $40,000 per year, that is 40,000 man years, which equals exactly twelve feet of rope, which happily, can be reused an almost unlimited number of times.

Raise your hand if you think the lampposts are scandalously lacking in decoration….

Starting Wednesday Off Right: Army In Battle Array Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

 

Assumption of The Virgin, Guido Reni, ARSH 1617

Fair and beautiful art thou, O daughter of Jerusalem, terrible as an army in battle array.

Canticle of Canticles 6: 3

Fifth antiphon of Vespers of the Feast of the Assumption