Libertarianism is Naïve By James Reed

     Libertarianism is a popular philosophy among free market loving folk in America, especially, but what does the doctrine really mean? Here we have a leading libertarian, Professor Hans-Hermann Hoppe,  sum it all up:

“The theoretical, irrefutable core of the libertarian doctrine is simple and straightforward and I have explained it already repeatedly at this place. If there were no scarcity in the world, human conflicts, or more precisely physical clashes, would be impossible. Interpersonal conflicts are always conflicts concerning scarce things.  I want to do A with a given thing and you want to do B with the same thing. Because of such conflicts—and because we are able to communicate and argue with each other—we seek out norms of behavior with the purpose of avoiding these conflicts. The purpose of norms is conflict-avoidance. If we did not want to avoid conflicts, the search for norms of conduct would be senseless. We would simply fight and struggle.  Absent a perfect harmony of all interests, conflicts regarding scarce resources can only be avoided if all scarce resources are assigned as private, exclusive property to some specified individual or group of individuals. Only then can I act independently, with my own things, from you, with your own things, without you and me clashing.”

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Living Lives of Our own By James Reed

     Lives of Our Own (Createspace, 2017), is a brilliant new book by leading social credit theorist and philosopher, M. Oliver Heydorn. The subtitle of the book aptly sums up what this treatise is about: Social Credit, Catholicism, and a Distributist Social Order.

     The tone of the book is set with an epigraph from Hilaire Belloc, published in 1934, expressing his support for the rationality and morality of the social credit agenda, of overcoming restricted purchasing power, freeing people from wage-slavery, and ensuring that people are “to be fully fed, well housed, well clothed and given manifold opportunity for the enjoyment of life.” This is no longer a truism, because our world of 2017 is quickly approaching that of the Great Depression era, with record numbers of homeless and unemployed.

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From Swedish Child Brides to the Problem of Crime: A Financial Solution? By Paul Walker

     Here is how migration changes a culture, fundamentally:

     Sweden has legalised child marriages for Muslim immigrants, who have children wives.  This is due to the huge influx of migrants, and many girls, as young as 14, are pregnant:

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Bully for Billionaires By James Reed

     Honoré de Balzac is reputed to have said: “Behind every great fortune there is a great crime.” This alleged quote came to mind when reading James Petras, “How Billionaires become Billionaires,” at

     One of the ways they do it is because the taxation system is set up to benefit the hyper-rich who have deduction opportunities far beyond the normal tax payer. Then there is outright tax evasion, rather than tax minimisation:

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No Safe Financial Haven in the Coming Collapse By James Reed

     Mike Adams has been conducting an extensive critique of Bitcoin, the cryptocurrency, generated by a mathematical algorithm, which has taken decentralised money folk by storm. The basic idea is that no central bank can control this cyber-currency, so people have a freedom that normal fiat currency denies them:

     I don’t understand how the algorithm actually works, and how “mining’ occurs:  but the one person I know who swears by it, doesn’t either, but has put most of his savings in it. I referred him to the Mike Adams critiques which he savaged, and made him aggressive, but I suspect that Adams would have a come-back. Maybe he is right, and that this really is a cult. Stranger things happen today, by the minute.

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Letter to The Editor - I Wonder if He Has Replied?

To On Target     Thanks for printing the brilliant letter in the September 1st. issue of the “On Target” from Peter Davis to Senator Dastyari. Peter has presented a paper that spells out the problem with our financial system and includes an answer.

     Most people know that the system is ‘broke’ but not many know what to do about it, or know the history as Peter Davis has presented it. We do hope that the Senator will make use of the information. I wonder if he has replied to the letter.     We are looking forward to hearing Peter speak at the National Weekend in October.Doug and Jean Holmes.  S.A.

The Banking System Has Appropriated the Communal Capital By Wallace Klinck

     Any economic activity that is created with the purpose of “creating Jobs” (i.e. human work) is irrational, wasteful, regressive, immoral and tyrannical.  Increases in production efficiency should provide our needs and wants while releasing us from toil.

     Distribution is an entirely different issue, to be effected increasingly by specific and appropriate means other than by earned income as technology displaces labour as a factor of production.

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Orthodox Finance and Collectivist or Communist Movements are Symbiotic and Mutually Supporting By Wallace Klinck

     Marxist and extreme political ideologues in general typically do not debate.  Their characteristic strategic behaviour is to misrepresent, condemn and intimidate.  

     Their aim is to create social chaos, leaving an opening for them to seize the reins of political power.

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There Exists an Abundance By Wallace Klinck

     Our economy is static rather than dynamic in the sense that as a society we cannot access what we have already produced until we produce even more—not to purchase what we are producing but to buy goods produced in the previous costing cycle.

      In order to purchase the goods upon which we are currently working when they are completed we must first engage in a whole new and additional round of production.  This is consequent to a price-system that pre-maturely cancels purchasing-power and leaves a deficiency when the final goods come off the production line.  

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Signs of Collapse By John Steele

     Previously I have reported on the trend of the financial elites seeking bug out locations in places like New Zealand, as well as building expensive underground security fortifications at their homes:

    It seems now that elites lower down the food chain are starting to move in the same direction; a recent story is of

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High Tech Homelessness By Uncle Len, the Low Tech Homeless

     As a symbolic representation of the existential homelessness of modern Western man, I am always on the lookout for material to tell you about that affirms my raison d’etre, a word which I found on-line, but don’t know the meaning of, having no meaning or point for my existence.

     Anyway, I am getting off topic, which for me is remarkable. But, what was my topic? Think, Len, think. Your fans expect a lot from you, like coherence and all that. Now I remember, I have re-read my title….high tech homelessness. You see the high tech elite at Silicon Valley, which is, I suppose, an entire valley full of silicon, are living in their cars because of the high cost of living. HA! HA, again. Why don’t they just clean up all the silicon and make homes for people? Or, bring in more migrants, who through their economic magic will make even more homes?

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Hacking ATMs? But, What is an ATM? By Uncle Len, Shaken, but Not Stirred by IT

     I probably know the least about technology at this site, but I did have a great Uncle Murphy, after whom, Murphy’s Law is named, which has to count for something. Everything will go wrong at the worst possible time:

     Now take ATM machines. I don’t even know what that stands for, if it stands for anything, but I have seen them. Yes, people who have money, get money out of them. These little boxes of joy seem to be everywhere, like telephone boxes once were, but you don’t see them anymore, do you? But, ATMs? Being on the dole, eternally, I would not know about that.

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Moral: be careful what you gloat about. Questions Every Reader Needs to Ask their Politicians By James Reed

     Economics dominates our world. Some feel that we should be all concerned about existential threats, but the human being is not like that. Take the so-called environmental crisis for example. Now we know it is all a scam, but just as a thought experiment, pretend we are just “normies.” Most kids at school are brainwashed into believing that there is some sort of climate change threat, but even so, hardly anyone changes their consumer behaviour. Now don’t panic, I am not saying that there is any truth here, but making a point. Even true believers, don’t follow through on actions if it is contrary to present interests. The Left support their grab bag of ideologies only because there is no personal price to be paid. It’s easy then when the system rewards treason against life, because of its built-in pathological death wish.

     Now consider debt and the standard of living. If anything is important, surely that is: “Cost of Living ‘crippling Families,’” The Australian, July, 28, 2017, p. 2. Here are the key points:

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The Debt Deluge By James Reed

     The entire world is now in debt by $ 217 trillion, which is the number 217 followed by twelve zeroes: $ 217,000,000,000,000. This is 327 percent of the world’s annual economic output (GPD), according to the Institute of International Finance.      Even China, the so-called miracle economy, is running on debt, which has increased its borrowings by $ 2 trillion, and the IMP is concerned about China’s rising debt levels. Already, China’s debt levels are unsustainable, in conventional economic terms, being 260 percent of its GDP:

     The elephant in the room here is: just precisely whom does every nation owe such unsustainable debt to? The answer is: the international financial system, run by the masters of the New World Order. Governments long ago gave the Masters of the Universe, the power to control credit, and now they rule the world. Having a One World Government may be what many want, but the more sophisticated Demons see this as too much work. What does it really matter who is elected when they can be ruled effectively by the power of money?

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Lock Up Your Cash, When Kid Soros Rides into Town! By Charles Taylor

     Billionaire globalist, George Soros, who must be close to 4,000 years of age, is working on eliminating paper money as part of his plot to create a single world government: This comes, allegedly from a Soros-insider, who has said that young handsome George wants to end the use of anonymous cash and have all payments monitored by the state. Wouldn’t be nice for our side to have even one person with his infinite energy and abilities?

     This does seem to fit the picture. The Indians, in the first New World Order trial run, withdrew 86 percent of the cash in circulation and put a cap on cash transactions, as has been done in France. The European Union is moving towards eliminating cash altogether:

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The Existential Threat of AI By Brian Simpson

     Elon Musk, has joined with Stephen Hawking and claimed that AI is an existential threat to human beings, capable of eliminating all jobs, and sparking a war: The Australian, July 17, 2017, p. 22.   I did not find any more details about the war, but it could be a Luddite revolt of the people versus the machines, as popularised in the Big Arnie Terminator movies. It is possible, if people get hungry enough that they could actually do this, but I tend to view that they might just as easily meekly starve to death in some isolated corner. Time will tell.

     The Musk solution is regulation for the safe development of AI. That could prevent the Terminator scenario, but I am not sure. Once computers reach self-awareness, and infinitely expanding intelligence, which is what our “let’s do it” Dr. Frankenstein scientists are all on about, regulations will not count for much.

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Letter to The Editor - Look again at Douglas Social Credit

to THE AGE     Many voices in the letters column (4/7) are worried about the growth of world population, Melbourne’s burgeoning size and our increasingly deficient infrastructure. Public opposition to further immigration is growing. What to do?     Is it possible that one cause of the growing problem is the kind of financial system operating in the world, which appears to be controlled by the super-wealthy?  It seems that many Australian businesses are forced to support increased immigration in order to survive financially, even though their owners know that long term this is against the interest of the whole population. Should we look again at Douglas social credit and other proposals for reform of the money system?NJ, Belgrave, Vic

No Go zones: The End Result of Multiculturalism By Bruce Bennett

     Champions of diversity and ethno-cultural pluralism are quick to point out that “diversity is our strength.” But, have you ever seen any scientific argument for this claim, that is, proof? Are arguments and counter-arguments carefully evaluated? Of course not; the claim is propaganda, and is enforced at the end of the bayonet of the Law, to keep us under control, until it is demographically too late. Some special, lucky people can seemingly say what they like:, but if the same, or even much less, was done by Whites, the moral outrage would never end. Whole cities would be rocked by unending protests, and the world would quiver on its axis in moral panic.

     With the cucking and deracination of the White population there was probably no need by the elites to use the hardball tactics; we could have been left to slowly die out, but no, the elites are impatient and want their New World Order, yesterday.

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Prepare Now for the Financial Crash of Crashes! By James Reed

     Here is a good article with all the links dealing with the on-going bank collapses in Europe. For example, the sixth largest bank in Spain, Banco Popular, failed in early June this year, with emergency funds being offered, which were burnt through in a mere two days. A sale was eventually arranged by frantic EU regulators to Santander, which held off the evil day of financial reckoning for a time. Other Spanish banks are facing similar vulnerabilities, such as Liberbank.

    Spain is just the beginning. The Italian financial system is unhealthy, showing that all of that pasta and high carb food, really is not that good for you. That site is primarily a financial one, but it has this interesting observation about the ultimate breakup of that artificial construct, Italy:

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Replaced by Robots By Brian Simpson

     While we may accept that many jobs will quickly disappear due to IT and robotics, it is often thought that some lower level jobs like construction will survive. However, the endless march of technology out of our control continues, as illustrated by a MIT robotic system designed a 3D print basic structure for a building in less than 14 hours, using what has been called the Digital Construction Platform:; But in China, whole apartment complexes have been 3D printed, if the press is to be believed:

     The retail industry is also set to be gutted, with a report by investment advisory firm cornerstone Capital Group claiming that almost half of all US retail jobs are under threat due to automation technology: The service industry was supposed to be where industrial workers went once their work paradigm was destroyed, but now, it too is going.

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