Has this crazy, recent development (probably 250 years at the oldest?) of state control come to it apotheosis? Is the State over as an idea?
The shutdown of the national parks in USA is what Dr. Gary North sees as an example of an inevitable, where a bureaucrat takes the rules too far. It is time to return the Parks to the Indians, whence they were taken, and honor our agreements once made. Italy and Greece are selling off their National Parks, for money to blow where all other national income has been blown.
Speaking of agreements not honored, there will be much to learn from the Second Xerox Shutdown, in which the food stamp cards did not work. The event can be studied in real time since the process was entirely electronically channelled. How many transaction on EBT cards were cancelled, vs. how many proceeded with other payment. Which other payment?
Now, someone on foods stamps with alternative means to pay for groceries might mean they just used rent money to buy the food, but who knows, and with this systemic failure we can know.
It is pretty clear to me the electronic system, like everything else, is designed to fail. When it fails for a longer time, and panic turns to looting, and then empty stores get burned, and the citizens of the gun free inner cities starting heading out to the gun-rich suburbs for food, well, time to rethink EBT cards are start thinking life with no State, that is, anarchy. With freedom to work and freedom from interference by the state, we will get more better cheaper faster and peace and prosperity.
We cannot know yet what that world would look like, so it is a tough sell. We do know what the world will look like when the EBT cards go down for a sustained period. We got a preview this weekend.
By the way, the First Xerox Shutdown, more a snafu, was also last week, and San Francisco's Golden Gate Bridge.
What is the theme in both scenarios? People are depending too much on electronics. Gotta have a manual back up in all situations.
Also, we need to remember credit creation, when Uncle Sam, who has arrogated all credit creation unto himself, gets caught going too far. There will not be enough currency (or the currency will be unloved) and so people to trade will need to go back to what we always had, person-to-person credit, with end-users extinguishing the debt chain.
We are in some uncharted waters here.
Feel free to forward this by email to three of your friends.
The shutdown of the national parks in USA is what Dr. Gary North sees as an example of an inevitable, where a bureaucrat takes the rules too far. It is time to return the Parks to the Indians, whence they were taken, and honor our agreements once made. Italy and Greece are selling off their National Parks, for money to blow where all other national income has been blown.
Greece, another European country under tough EU-imposed austerity rules, last year also enacted a similar sell-off, offering some if its islands, beaches and ski resorts to private buyers. Italy sold off several lighthouses on the island of Sardinia last year.After Greece and Italy have sold the properties and spent the money where it has been wasted in the past, then what?
Speaking of agreements not honored, there will be much to learn from the Second Xerox Shutdown, in which the food stamp cards did not work. The event can be studied in real time since the process was entirely electronically channelled. How many transaction on EBT cards were cancelled, vs. how many proceeded with other payment. Which other payment?
Now, someone on foods stamps with alternative means to pay for groceries might mean they just used rent money to buy the food, but who knows, and with this systemic failure we can know.
It is pretty clear to me the electronic system, like everything else, is designed to fail. When it fails for a longer time, and panic turns to looting, and then empty stores get burned, and the citizens of the gun free inner cities starting heading out to the gun-rich suburbs for food, well, time to rethink EBT cards are start thinking life with no State, that is, anarchy. With freedom to work and freedom from interference by the state, we will get more better cheaper faster and peace and prosperity.
We cannot know yet what that world would look like, so it is a tough sell. We do know what the world will look like when the EBT cards go down for a sustained period. We got a preview this weekend.
By the way, the First Xerox Shutdown, more a snafu, was also last week, and San Francisco's Golden Gate Bridge.
In an effort to avoid confusion, Currie said, the toll center - which is operated by Xerox - has begun stamping the envelopes with the words "Golden Gate Bridge Toll Invoice" in orange, and plans to design a new envelope.OK the bridge was fine, but the Xerox processing of claims is a bit of a mess. People are getting a $25 fine for a nonpayment of a $6 bill that Xerox did not mail out.
What is the theme in both scenarios? People are depending too much on electronics. Gotta have a manual back up in all situations.
Also, we need to remember credit creation, when Uncle Sam, who has arrogated all credit creation unto himself, gets caught going too far. There will not be enough currency (or the currency will be unloved) and so people to trade will need to go back to what we always had, person-to-person credit, with end-users extinguishing the debt chain.
We are in some uncharted waters here.
Feel free to forward this by email to three of your friends.
1 comments:
http://www.nakedcapitalism.com/2013/10/wolf-richter-nsa-revelations-kill-ibm-hardware-sales-in-china.html
When government and corporations collaborate. What could go wrong?
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