Fiat Money

I was not surprised to hear that Ben S. Bernanke advanced to head of the Federal Reserve Board, with little fanfare earlier this week. Dubbed the “Prince of Paper” because of his suggestion that the the US could simply print it’s way out of economic troubles (a frightening idea to anybody who understands money) I expect that he will continue in the footsteps of those who have lead the Fed before him. This might come as a surprise to most people out there, but this won’t be good for the country.

With the national debt now over 8 trillion dollars, 4 trillion of it being held in private hands (which means we pay interest on that portion of the debt) The question really becomes “why are we paying others to carry debt that we owe ourselves?”

I was listening to a local talk show host, Patrick Timpone, recently; and heard excellent idea from the guest. Didn’t catch who he was (don’t think I heard his name) but his argument amounted to “…if we are going to endorse the fiat money system as ‘the way’ to do money in the modern age, then we need to make sure that the citizens of the US are the ones who profit from the use of our money, not the banks and individuals who ‘own’ the debt.” The treasury should take back the ability to ‘print money’ (this will actually require a constitutional amendment, for those who remember we have one) and simply print the money it needs itself. Any subsequent ‘benefit’ to the debt’s existence would accrue to the Americans to whom the debt is owed.

Maybe the way to make money more ‘elastic’ (without engaging in inflationary money printing ventures like “The Prince” will embark on) is to adopt a system like the Ripple or Cyclos monetary systems, allowing us to privately monetize ourselves what we currently have to go to the banks for.

Something to think about, but I’d still prefer to have the silver in my hand, rather than any IOU; even if that IOU is backed by “the full faith and credit”…

Downward Spiral Continues

Mentioned Steve Kubby the other day; I also blogged about the Downward Spiral that the system seems to be caught in.

Well, Steve isn’t getting any better, he’s getting worse. A quick scan of articles on the subject should make that quite obvious. The people responsible for holding him in prison are getting cold feet, made him sign a waiver of liability in case he should die in their prison. I imagine that they want us all to think that locking a man up and keeping him from taking what he believes will save his life, which will most likely cause his death, shouldn’t be held against the prison system. Like prison guards anywhere, they should understand that ‘just doing their jobs’ isn’t a good enough excuse.

Which brings me to Cory Maye. Cory Maye did what that friend of mine had a nightmare of doing. The nightmare continues for him. I don’t see why this man should sit on death row for something that any of us should not be afraid to do; shoot unidentified intruders who break into our houses in the middle of the night. It’s a point in the favor of the policemen involved that Cory Maye isn’t dead; most of the people who resist the police in these types of situations end up with several bullets in them.

If those backing ‘total law enforcement’ don’t like that Cory Maye can shoot a policeman and not be killed in return; I suggest that in the future, the police avoid being mistaken for petty criminals involved in smash and grab burglaries, not prosecute the average citizen for defending himself.

Armchair Quarterbacks

There has been a running joke in the family since ‘the Wife’ and I got together, that our televisions are broken, they won’t tune a channel that has a sporting event on it. Neither of us has any real interest in sports.

My father watched every football game that was broadcast, back when I was a kid. There was also only one TV set in the house (dating myself, I’m sure) so if I wanted to watch TV, I had to watch what dad was watching. And it was generally sports. I never had any interest in the game, but after several years of being ‘forced’ to watch football, I got a pretty good grasp of what was going on. I can carry on a conversation with those who have a sports affliction similar to my father’s, so most people don’t realize that I can’t stand watching sports on TV (in fact can’t stand most sports ‘at all’) and would rather be doing anything else.

As an aside, ‘the Wife’ used to get into role-playing games in college. One of them was a “fantasy football” type game, played with teams and their current stats. She always enjoyed picking the Seattle Seahawks as her team, because they had the best stats. She generally won the game because the major drawback for the Seahawks, the tendency to choke in a clinch, didn’t affect the gameplay.

For as long as we’ve made the joke concerning broken television sets, we’ve commented that “if the Seahawks ever got in the Superbowl, we’d have to watch it”.

I’m watching a football game this Sunday. I blame ‘the Wife’ for this.

Writing without Reason?

I generally have two or three books I’m working on reading at any given time. Currently my non-fiction book of choice is Stephen Hick‘s Explaining Postmodernism. So far it’s been an excellent read for anyone wanting to understand some of the broad philosophical trends of the last few centuries. Currently I’m working through chapter 4 – “The Climate of Collectivism”. I’m marveling over the impact that someone like Rousseau seems to have had over philosophy in recent history.

Whatever else he may have said aside, anyone who writes theses about reason being the root of mankind’s unhappiness, and that we must abandon it in order to be happy, really ought to look to his own house first. As someone who has written volumes over the years, I think I can honestly say that one cannot write a sentence without applying reason, much less an entire treatise on any given subject.

I’ll give him one thing, mankind would have been much happier if he had followed his own advice. 

A Downward Spiral

A friend of mine tried to make a call to me the other day. Seems he was picked up on an old warrant issued on a citation that he had thought had been dismissed. I didn’t actually get to talk to him because Correctional Billing Services refused to allow him to speak to anyone on the phone unless they were willing to pay 50 dollars in advance for the ‘privilege’ while he was being detained at Travis County.

With no other visitation options, they are, there is no other word for it, extorting money from friends and family members of anyone unfortunate enough to get arrested in Travis County. They stole personal information from us under false pretense (asked for address and billing information and then claimed to “not have a contract” with our phone provider. Strangely, they didn’t have a contract with one of the largest mobile phone providers in the country either) and then demanded 50 dollars in advance to be allowed to talk to this friend of ours who has clearly had a hard enough time today.

They then proceeded to tie up our phone line for several minutes after we declined to pay them their usurious fee. The supervisor that we demanded to speak to (none of them would give names) called back after we hung up and proceed to lay the phone down in order to tie up the line on purpose.

[Bad as Travis County is, Williamson County is magnitudes worse, so don’t get me wrong here. I’d sure like to see the contracts for this company pulled. I’d rather see them inhabiting the same cells they currently provide service to, and see how well they like it. But I’ll settle for simply putting them out of business]

It’s been 4 years (and more) of purgatory for this friend of mine, all because he was caught speeding and then agreed to a search of his vehicle by the officer that pulled him over (which I would never agree to, myself) who then found something to arrest him for inside the vehicle. This time they stopped him for a broken headlight, and when they ran his license number came up with the warrant that failed to get dismissed due to some petty little clerk’s vengeful attitude. And off to jail he goes again.

Some would say “well that’s what you get, should have kept his nose clean”; but to me it’s the opposite lesson that should be taken from this. Always assume that you are guilty, and that you will end up in jail. With all the new laws on the books, there’s bound to be something that you can go to jail for if they decide they want you. Learn to ‘bah’ convincingly like a sheep, for as long as it profits you; but don’t bother worrying about whether your nose is clean. They’ll dirty it for you if it’s deemed necessary. Just keep the number of a good lawyer handy, you’ll probably need it.

At lunch the other day, another friend of mine related a story concerning how he was nearly shot for being a drug dealer, just because he had the same name as someone who was fingered by a felon looking to lower his jail time. It was only due to a panicked call to 911 because there were strangers in his yard, that the warrentless invasion of his property was avoided. The vision flashed before his eyes, so he said. His house on the 6 o’clock news, and how they would describe him as one of those ‘kooky gun nuts’ that dared to resist police who were just ‘doing their jobs’.

The downward spiral is in the system, not in the morals of today’s population.

Why I am a Libertarian

Another historical piece from the archive. On rereading it, I remembered that I had used a little literary license in writing the piece.

The first time I heard the word ‘Libertarian’ was at the Texas State Capitol building, about ten days before the the Gulf War in ’91. During an anti-war protest there, I got to talking to Terry Liberty Parker, and he mentioned that Libertarians were against the war, unlike the Dems. I have since fallen out of friendship with Mr. Parker (and, in fact, his behavior is at the core of why I’ve become inactive in the party both times it’s happened) but I will always be in his debt for introducing me to the party.

I had said several times prior to that event, in discussions with ‘the wife’, if I was given a choice between socialism and fascism, I would choose socialism because you live longer (socialists just want your money, fascists want you to agree with them philosophically, or they shoot you. Or at least that’s what I thought at the time) but I could not understand how the Democrats (the party of Jefferson, the party that cast itself as the opposition to the Vietnam war) would be in support of a war that was not in our own interest. I was all for getting involved with a group that wanted to end the military adventurism that we’ve been involved in since the end of WWII, so I started looking for libertarian meetings and talking to libertarians when I found them.

I was already an Objectivist, I had read most of Rand by that time and found her philosophical outlook to be very much like my own, so I was already ‘in tune’ with the core of Libertarian thought. At some point I took the “World’s Smallest Political Quiz” and found that I was a dead center Libertarian (These days I’m nearly 100/100 on the chart) I spent a good bit of time in the old TCLP office on Middle Fiskville Rd. talking to Bruce Baechler, and I think he was the one who made me feel most comfortable with supporting Libertarians as more than just a protest vote.

Anyway, what follows was what I posted in response to a request for “Why I am a Libertarian” articles. The ‘Republicans coming to power’ was Reagan in ’80. I thought Carter was a great president at the time. ‘The wife’ still does; don’t hold it against her, though. She hates the current Democrats.


I am a libertarian because I believe, first and foremost, in the concept of limited government. Most people, when told this will exclaim “ah, you are a Republican”. Nothing could be farther from the truth.

Before I discovered the Nolan chart (http://www.theadvocates.org/quiz.html) and through it the LP, I was a staunch yellow dog Democrat, like my parents and grandparents before them. I believed that government was there to help, and that social freedoms could be taken for granted under the Democrat’s benign rule. But I was at a loss to explain why the drug war persisted, why the term PC was ever created and why taxes were increased, even in the face of Democrat dominated legislatures and presidents.

When the Republicans came to power, they talked of reducing the size and expense of government. My fellow Democrats cried over this, but I could not understand how reducing government, and the tax burdens on the people, was necessarily a ‘bad’ thing. Strangely, the cost of government never got smaller. The Republicans did reduce taxes, but the debt burden passed on to the next generation went through the roof. I started to think that the politicians were not being truthful with us; and if they were lying to us about their intentions, then what else were they lying to us about?

It took eight years of a Democrat president to convince me of the truth that I know today: If a politician has words coming out of his mouth, he’s most likely lying. You well may laugh, but to an honest man, this was shocking. I discovered something else in the course of nearly 30 years of following politics: Government is a weapon. It is a loaded gun that you point at wrong doers to make them stop what they are doing. That is the only ‘help’ that government can give; and it doesn’t even do that cheaply. If you want government to do something for you, then you are employing force to get it done.

Everything that government does can be done by private industry better, faster and cheaper. The fewer government run programs, the less force that is present in our system; less force means more freedom. Jefferson and those who started the ball rolling way back when understood this. They were Democrats. Because of this, I was a Democrat. What I did not realize was that the allegiances of the parties have shifted over the course of 200+ years, which brings us back to the Nolan chart, and the LP.

Chart the beliefs of the founders, and nearly to a man they will turn up Libertarian; Jefferson was solidly so. When I took the test, I too charted as solidly Libertarian. It has been more than 10 years since I took the test, lodging protest votes against the two major parties, discussing issues with fellow libertarians; and it’s been only recently that I have come to the realization that I was indeed a Libertarian in belief, and not just a political misfit.

Ask any libertarian why they are what they are, and you will get a different story. Some are former Republicans and some, like me, are former Democrats. Most of them are of the younger generation, fresh out of college and worried about the future they face at the hands of an ever-expanding federal government. If there is a core libertarian belief, then that is a good portion of it; the requirement that government at least return to constitutional limits, and be responsive to the people who fund it. That force not be employed except in response to force. That we are all capable of governing ourselves, just as has been done throughout our history. We are the Libertarian Party, and we are here to stay.


Current date June 11, 2016.  The wife of the blowjob president is the presumptive nominee for the Democratic party and I support her.  It is a weird world we live in.  I still have libertarian delusions but I have medications that keep those in check.

I used this article as a template for a submission to a local newsletter. It became my definitive blog entry until superseded by this one.

I just took the quiz for isidewith.com and I’m apparently a Sanders supporter. Which is weird because I like Hillary Clinton better as a leader.  Proven track record as a leader.  I’m good with that. Still weird. Still liberal.

Dry Cleaning Conspiracy

Clothes that can’t be washed in water, when the world’s surface is covered by 71% water; when the body that it goes on is 60% water; when on any given day in the averge human’s life, water can fall right out of the sky onto the clothing he is wearing (well, unless you’ve been living in Austin lately, that is. What a drought) what else would you call it?

Yes, I put the dry cleaning into the washer again, so what?

“Light up, Everybody…”

The smoking argument. A conversation with my ‘teen’, and some suggestions.

CATO’s regulation seems to enjoy beating dead horses as much as I do. They have offered a rebuttal to the ACSH article that calls them to task for belittling the health threat posed by cigarette smoke.

Quoting from the article:

We started that article with this declaration: “Truth was an early victim in the battle against tobacco.” We ended the article with this admonition: ““When that goal [i.e., truth] yields to politics, tainting science in order to advance predetermined ends, we are all at risk. Sadly, that is exactly what has transpired as our public officials fabricate evidence to promote their crusade against big tobacco.”

OK, granted. They spin some pretty good arguments for the CDC’s figures being exaggerated. But I think they are confused about who and what is motivating the witch hunt that the CDC is simply the public edifice for. It isn’t the gov’t that is after ‘big tobacco’, as referendum after referendum and ordinance after ordinance against public smoking is proposed and passes. It’s the average person on the street who doesn’t smoke himself (which is now the majority of the population, by the way) doesn’t want to have to smell someone elses cigarette smoke, and figures “there outta be a law”. Suddenly, there are laws. This is how ‘democracy‘ works.

[Yes, I know, we’re a Republic. The majority says we aren’t any more, apparently they don’t understand the meaning of the words in the pledge that they recited daily. I guess that’s what happens when you let socialists write documents for free thinking people]
The fact that there are serious health consequences to smokers, and costs that get passed on to the government as the guy left holding the tab at the end of the night, simply buttresses the argument against allowing people to smoke, at all. Facts that the regulation article itself admits:

Second, we are wrongly censured for stating that ““the hazards of smoking remain largely speculative. “What we actually said is quite different, indeed mostly contrary: “Evidence does suggest that cigarettes substantially increase the risk of lung cancer, bronchitis, and emphysema. The relationship between smoking and other diseases is not nearly so clear.””

Pretty much puts case closed on it for me. My point in bringing up the evidence against smoking was never to call attention to ‘how many’ deaths, and the obvious manipulation of statistics to ‘awfulize’ the outcome should be ridiculed; but the facts do show a connection between poorer health, shorter less healthy lives, and smoking tobacco. Since I have health problems already, it benefits me to choose non-smoking establishments when I do go out. Luckily for me Austin is a proper socialist paradise and has taken any need to think for myself, about where to go on a night out, out of my hands.

…Which is good, because if it was left to my anarchist/libertarian brethren I’d have no choice but to walk in and sniff the air before deciding if I wanted to actually ‘stop’ anywhere. Probably just stay home in that case (the recurring “what do you want to eat?” argument is hard enough on its own) which would be cheaper.

On the bright side, watched a segment on Beyond Tomorrow tonight dealing with an ‘anti-smoking’ injection. Clinical study results are positive (success rates approaching 60 percent) which is good. Most people who try to quit ‘cold turkey’ fail (3 percent success rate) The various forms of nicotine replacement therapies fair only slightly better (30 percent success rate) So the drug manufacturer is obviously quite pleased with the results. I myself quit cold turkey, after three tries. I was able to apply an REBT technique to the nicotine craving; I would think of the smell that an empty bar has in the morning when you show up to clean it, every time I wanted a cigarette. It took a while, but I was able to beat it. I actually feel ill when I think about smoking these days. (I’m applying the technique to craving french fries now. I don’t know if that’s going to work or not. Love them fries)

I hear you saying “what if I just want to smoke?” Fine by me. Go do it somewhere else, though. Here, you can have my old supply of ‘coffin nails’, I’m not going to need them anymore.

Steve Kubby and the “Insane War on Drugs”

Actually, when you understand who Steve Kubby is and what he’s gone through…
…then you pretty much have a picture of just how insane the War on Drugs really is.

The Administration is willing to kill this man simply to prove that they have the right to kill him by denying him his medicine.

Who voted for these nutjobs anyway?

Gonna crib some text from Knappster here:

Steve Kubby update on Brad Spangler’s blog

Update from Michele Kubby on Hammer of Truth

Let’s try to keep the focus where it belongs, folks: On saving Steve’s life.