Bank robbery? Actually, no. A friend on Facebook (Terry, who is also a regular commenter here) explains.
The Cypriot banks are bankrupt and should be permitted to fail as they deserve. The depositors made a poor investment holding their wealth in fiat currency and giving that fiat currency to a poorly managed bank. By bailing out the Cypriot banks the EU is *giving* those banks’ depositors 90% of their lost money back, not taking 10% of their savings from them. That is not a bank robbery. The gun is pointed at taxpayers in Germany and other productive EU nations, not bank depositors in Cyprus. Bank depositors are receiving the benefit of the illicit money being extorted from taxpayers in other countries.
“Broad is the way that leadeth to destruction and many there be thereon.
Narrow is the way that leadeth to life and few there be that find it”
Jesus Christ.
The idea of the ‘Mandate of the majority’ in determining what ought to be Law, or how a country ought to be governed is a Pagan/ Greek idea.
It is a pseudo-morality which opposes itself to Christian Ideals of Justice.
Why then do so many Christians clamor for more democracy…less principle/ rule of Law?
Why is it that the socialists have been able to substitute the Idea of Majority Rule as being ‘the rule of law’ when it is no such thing?
Democratic whim is no more a protection of the rights of individuals than the whim of a dictator.
The Laws generated thereby are absolutely Arbitrary!
Why is this truth not taught in ours schools?
They dont teach this because the state does not want the people to slap Constitutional restraints on their power or limit their spheres of operation/ intervention.
Labour party Hench woman and Waikato University Propaganda Chief Margaret Wilson opposed the institution of a Constitution which restrained the powers of parliament. Ie she opposed the rule of Law, and desired the continuation of Totalitarian socialism.
She praised Social arbitrary law and mob rule… calling the Status quo… “Our wonderfully Fluid system…” !!!!
Remember that she was part of the Labour government who abolished Kiwi’s rights to appeal to Privy Council in England, and established the New Zealand Supreme Court.
This was a socialist Coup!
As one of New Zealand’s highest Lawyers/Legislators (Attorney General), it was in her parties vested interest to Bamboozle the people of New Zealand to keep her Party free to implement their Nanny state Agenda upon us.
These were dark days for unpopular minorities… Party pill/ NOS bans, Anti-smoking legislations etc. Massive handouts to Racist radicals, Anti smack legislation, etc.
By comparison John Keys inept governance looks enlightened!
We don’t see anywhere near as much Nanny state legislation being generated.
He still suxs badly, yet I will give him Credit for that…
That many people will look at the list of oppressive socialist laws and think they were all good ideas …. That Nanny State is great just goes to show that had they lived in Germany in the 1930’s, they would have been raising the One armed salute to the Democratically elected Socialist Tyrant Adolf Hitler.
He was all about ‘State Health’, ‘State Education’, ‘Nationalism’, etc.
This is why is is all too common to hear sheeple exclaim… “Hitler was a genius and had a lot of great Ideas…”.
Sickening!
That Unchecked Social Democracy has bankrupted every Nation in Western Civilisation makes little difference to the Vested interests, dependent State Tit suckers whom now realise they have sucked the life blood out of their neighbors! They Clamour against state cost cutting… as if you can get more labour out of Dead slaves!
The Socialist politicians themselves refuse to admit they have ruined their Nations.
They make ridiculous statements “Austerity will cause a depression” when the truth is their largess has already Bankrupted us and that every year they continued their charade simply made things much worse!
We stagger beneath Massive Debts and Taxes!
Look at Cyprus today!
Frozen banks, and the prospect of looting the peoples savings!
It is difficult for me to feel sorry for them as the one thing that may be said about Democracy is that the Majority of people get the Government they deserve.
Ie In every Western Nation the resident sheeple have ignored the ‘Doom saying Libertarians preaching “The End is Nigh!” from their Soapboxes.
The greedy Sheeple have allowed their governments to lead them to destruction.
Because I have failed in the attempt to organise an association of ‘Heavy hitting’ Libertarian minds to directly challenge the governments appointed Committee which is currently running a Mickey Mouse commission looking to entrench Waitangi Racism and Socialist Democratic tyranny, I am attempting to put together a ‘condensed’ submission advocating the institution of a New constitution embodying Libertarian principles for New Zealand to be submitted to Muriel Newman’s the independent Constitutional review panel.
Go Here: http://www.voxy.co.nz/politics/independent-constitution-group-invites-submissions/5/148407
This panel is primarily concerned with insuring any new Constitution guarantees Racial equality before the Law, and does not entrench the current Apartheid doctrines and institutions of Radical Indigenous racism and treaty separatism.
This independent Panel is to be highly praised for this work.
It is absolutely essential that the Government be prevented from establishing an Apartheid constitution, yet I fear the scope of this Independent lobby is not broad enough to challenge the many other injustices and usurpations perpetrated against the people of New Zealand in the name of ‘Social Democracy’ which is the prevailing ideology of 99% of MPs and their parties whom populate our parliament.
The difficulty for me is not only that I despair having to sit out and watch everything unfold from the sideline as a spectator rather than a participant in this process.
I despair of being able to do justice to this ‘Mother of all Political Institutions’ in a brief submission.
One of the most important jobs of a Constitution is to protect the Rights and liberties of Minorities and individuals from Mob Rule.
Living in an age in which Atheist Materialism and Moral relativism dominate the thinking in academic circles it is difficult to speak of ‘Higher Law’… Moral absolutes which trump the mere whims or Legislators in large numbers.
It is difficult to get support for Ideals which set limits to the pseudo-moral justification of Legislation founded upon the mandate of the majority.
In Today’s world I cannot make appeals to Individual rights as being inalienable because they are ‘God given’… which was in times past a perfectly acceptable and rational position to take for the simple reason that so many intellectuals have tragically abandoned belief in God.
Thus I must make appeals to other arguments, in secular terms which embody arguments which such mentalities will not dismiss because of personal bias against theistic Ideas.
And most essentially these arguments must be powerful enough to expose the evil delusion that Humanitarian sentiments can justify tyrannical and oppressive political means.
The Little video below was posted on Face book by a friend (Hat tip Mark Casey) and I share it with you here because it does a very good Job or presenting the distinction between real charity and Socialism/ forced welfare…. and the travesty of that pseudo-moral justification… ‘the democratic mandate of the Majority’…
In so doing this video embodies one of the important attributes my submission to the Independent Panel must encompass.
Watch and enjoy.
This video also makes me wonder if my submission could somehow included such streaming Media?
Tim Wikiriwhi.
Libertarian Independent.
Yesterday I opened a letter from my bank informing me that they had recommenced raping my bank account—at the behest of the IRD. “Fair” enough, I suppose. It’s the IRD’s job to be fair. Why me? I guess I must “owe” them money because I don’t “PAYE” them anything.
Then I watched BBC World News. I was flabbergasted to learn that the Cypriot government is proposing to rape the bank accounts of literally everyone with an onshore bank account. Luckily, it’s a one-time tax, in which Cypriots stand to lose 7%-10% of their life savings in one hit, rather than the easy weekly payments I have to contend with. How fair is that?
The news broke over the weekend that in exchange for a bailout—or “bail-in,” whatever that means—of banks in Cyprus, bank deposits would be hit with a one-time “wealth tax” of 7% to 10%, depending on the size of the account. One expert sums up the reaction in the markets: “traders and investors are aghast.” So are depositors, who quickly emptied the island’s cash machines.
This is one of the biggest bank heists in history, and it is being carried out, not by the crew of charming rogues in your favorite caper flick, but by finance ministers. So it’s an inside job.
For an informed analysis of this latest episode in the Eurozone crisis, read Liberty Scott’s latest post. Scott notes that
The Cypriot Parliament, which must vote on this law, wont do so until Friday. Cypriot banks will remain closed until then. Will this trigger panic more widely? What would you do?
WWJD? (Trick question, Jesus never had a bank account.) To my mind, the proposal is so unthinkable that it’s unthinkable even to propose it. It’s goddamn communism! Let’s hope this proposal isn’t adopted but, even if it’s not, as Scott notes, “the damage is done to Cypriot banking.” Deposit funds into account with Bank of Cyprus? Yeah right.
Jesus entered Jericho and was passing through. A man was there by the name of Zacchaeus; he was a chief tax collector and was wealthy. He wanted to see who Jesus was, but because he was short he could not see over the crowd. So he ran ahead and climbed a sycamore-fig tree to see him, since Jesus was coming that way.
When Jesus reached the spot, he looked up and said to him, “Zacchaeus, come down immediately. I must stay at your house today.” So he came down at once and welcomed him gladly.
All the people saw this and began to mutter, “He has gone to be the guest of a sinner.”
But Zacchaeus stood up and said to the Lord, “Look, Lord! Here and now I give half of my possessions to the poor, and if I have cheated anybody out of anything, I will pay back four times the amount.”
Jesus said to him, “Today salvation has come to this house, because this man, too, is a son of Abraham. For the Son of Man came to seek and to save the lost.” (NIV)
Preamble….
On the reoccurring theme of ‘what is the proper roll of Government?’ I submit to you another post about the census yet with an extra punch.
Thomas Jefferson wrote “He who governs best Governs least”. He penned the American Declaration of Independence which actually defined what the proper duties of Government are… to defend the God given rights of the individual, which is a very limited sphere of operation which does not include the supply or control of such services as Education, hospitals, arts and sports, etc… all of which are the proper sphere of Free enterprise and private voluntary associations.
It is because western society has forgotten such enlightened principles as motivated Jefferson and the founding Fathers of America and instead have adopted a totalitarian socialist conception of government where the prevailing belief is that all of life’s problems have political solutions that western civilization teeters on the brink of Absolute economic collapse and chaos!
Keep this in mind when you read my following blog post.
Understand the gravity of the situation… the rationale that underpins the so-called justification for having the compulsory census…
*****************************************************************************************************
^^^^ That is the Cover pic from the Government Facebook page Census NZ. Here:
It clearly demonstrates why the enlightened Kiwi is outraged by the underpinning arguments which Census NZ, and the Government use to vindicate this compulsory violation of our privacy… ie that the information gathered will be used to for their Social planning.
Bread and Circus.
Notice how this picture appeals to the unthinking… ‘the government as the font of all culture….get someone else to pay for it ‘ mentality…
‘More Drag strips, more skate parks, More Gigs and festivals, more sports…etc etc’.
Notice it completely forgets to add “More Taxes, more rates…. More Debt, more compulsions and property violations!, More Government poking it’s nose into things which are not it’s business to be involved in!
Now I like Drag strips, Concerts, etc yet I am not so stupid as to believe these things are only possible via political interventions!
I also know that every time the Government or city council builds a stadium or sports facility and events that they always run massively over budget and put us into massive debts…. And end up costing Rate payers and Tax slaves Tens of millions of dollars…. Every time!
Three examples from my home town of Hamilton will suffice as examples.
The Rugby stadium.
The V8 Supercars.
The Claudlands event center.
Each of these cost Hamilton Ratepayers many 10’s of Millions of dollars… over the price the Hamilton city council told ratepayers they would cost!
Via consecutive socialist medaling the HCC has racked up $500 million in debts!
And what needs to be appreciated is that this bankrupt situation is the norm across the globe in western socialist democracies… ie Socialist politicians are systematically bankrupting their captive populations! Debts are skyrocketing and Rates are going through the Roof!
Yet nobody seems to be waking up to the fact That City councils ought not to be involved in such ventures!
They are best left to Free enterprise, and voluntary associations, whom are much more realistic about how such things get build and on what scale.
Most importantly they don’t demand money via compulsory taxations upon the community!
Ie Little old ladies living on pensions don’t face rent increases or rates hikes to pay for the white elephants and delusions of grandeur which Big mouth big promising politicians spout at election time to get elected!
If the figures don’t add up… they don’t get built its as simple as that…. Ie economic reality prevails…. Not ridiculous socialist whim.
The sort of people whom support the Council/ government involvement in such things are either Ignorant, evil, or both!
The ignorant have not figured out that such things will turn around an bite them on the arse via higher rates, rents, and costs for necessities in goods and services, and the evil don’t give a damn if people whom don’t like Rugby, etc are forced to pay for New stadiums etc . All they care about is having a flash new place to worship their sporting Gods! They are too stupid to realize that Better stadiums and facilities could be established via legitimate means without the use of Draconian powers of compusion.
Here are just a couple of articles I have plucked off the net…
And below are some links to some blog posts I have done on thes subjects covering some of my own Libertarian Election campaigns standing for Hamilton city council in direct opposition to this Bankrupt big spending socialism….
How to solve Hamilton’s rates crisis
http://www.scoop.co.nz/stories/AK0709/S00333.htm
Labour List MP Charles Chauvel (pictured top right) has resigned from Parliament (effective 11 March). He’s going to a job at the United Nations where he’ll join his former boss, former Labour Prime Minister Helen Clark (pictured bottom left).
The United Nations is a common penultimate destination for Labour’s troughed-out ex-MPs. (When they die, they go to the great trough in the sky.)
Former Labour List MP Carol Beaumont (pictured top left) is set to return to Parliament as Chauvel’s replacement. We’ll be up a trade unionist abortionist and down a gay lawyer. This minor opposition reshuffle is interesting (to me) for two reasons.
Firstly, Chauvel sponsored a Member’s bill, the Credit Reforms (Responsible Lending) Bill, which would have dealt to scum-of-the-earth usurers.
Ever since I became an MP, an issue that I have supported is the regulation of so called “loan sharks”. Loan sharks prey on the vulnerable with unscrupulous rates of interest and this includes many of our Pacific people. They are the scourge of our community and instead of lending a helping hand keep borrowers in poverty. It is common for payday lenders to charge interest at rates between “only” 8% and 15% per week, compounding well into four figures at a time when mainstream rates have declined.
Chauvel’s Credit Reforms (Responsible Lending) Bill was drawn from the ballot in 2009. In early 2010 Beaumont took over responsibility for Chauvel’s bill, which was subsequently defeated at its first reading in July 2010. So, a common interest there, and with Beaumont back in Parliament perhaps we’ll still see some action on loan sharks.
Secondly, three elections in a row Chauvel failed to unseat United Future MP Peter Dunne (pictured bottom right) in the Ōhariu electorate. Dunne gloated tweeted from Dubai airport
Ready to board Melb/Auck flight. After what’s been happening in NZ today certainly seems time to come home and join the fun.
Chauvel did succeed in reducing Dunne’s majority from 12,534 (in 2002) to 7,702 (in 2005) and 1006 (in 2008) but 1392 (in 2011) was a miss as good as a mile. I hope Labour puts up a strong candidate to contest the Ōhariu electorate in 2014. It’s way way wayyyy past time to flush the Dunney!
^^^^^^You think this is a joke?
Sorry, it’s economic reality!
Just ask your Neighbors whom escaped Zimbabwe about governments printing money and hyper inflation.
It is cheaper to wipe your arse on ten dollar notes than squares of dunny paper!
In places like Germany and Russia Money was blowing around the streets like worthless trash.
Today ‘Money’ exists to a large degree in cyberspace… as numbers in an electronic system, so it is not necessary for Socialists to Print as much paper as in times pass to achieve the same results…>>>inflation/ devaluation<<<... and so when the shit deepens, Yanks may not be seen using wheelbarrows to carry their lunch money yet their credits in the bank will be just as worthless.
Look up the meaning of the phrases Hyperinflation.
Look up the history of the saying "Don’t give a Continental"... Its all about Fiat Currency… Governments whom Mass print money/credits without having the means to exchange it for mediums of intrinsic value like Gold, silver, etc.
Governments have historically resorted to Fiat Money when they are in dire straits…Broke and in debt.
It results in poverty and ruin for the populations of such Nations.
Real Money is a ‘promise to Pay the face value in Gold or silver upon Demand’ by the issuers, which can only be done when the amount in circulation is less than or equal to the stores of real wealth in the vaults. When the money supply exceeds what is in the vault, it is impossible to redeem your paper currency/credits and you are stuck with BUM PAPER!
Yet what do we find is happening In America under Obarma?
Herd of QE1, QE2, QE3? (Quantitative Easing)
Look it Up!
Do you understand that they implemented QE2 because QE1 Flopped?
They have implemented QE3 because QE2 Flopped too!
Google *QE2 Fail* and see for yourself.
Ron Paul forced the Federal Reserve to admit it has *No Gold*!!!
When will Socialist realise that you cant print your way out of trouble, not print your way into prosperity?
The Bastards know that Printing money devalues it! Even the Tree hugging Zombies in New Zealand know that!
Here in New Zealand The Socialist Green Party suggested our government gets more Paper Money Printed with the express idea of reducing the value of the NZ Dollar with the insane notion that this will help our export sector and economy.
It’s economic voodoo!
They share the common belief with Obama’s democrats that Governments create wealth, and have the right to Meddle / control the economies of their citizens!
It’s Corrupt! It’s Theft! It’s Funny money!
It’s the final stage of Economic ruin.
All this meddling and regulation is Socialism not capitalism, it’s fascism, yet the Propaganda merchants of the Left have managed to brainwash the masses into thinking the corporate welfare… the bailouts is Capitalism!!!
Lies upon lies!
Stupidity upon stupidity!
Bail outs and Regulations are`ANTICAPITALISM!
Capitalism allows Failing Companies to Fail!
Capitialism does not Steel money from the People to prop up Bad businesses!
The freemarket allows business to Profit or go belly up baces upon their own merits.
What the regulations, Bailouts, welfareism, and other over-government (ie Socialism) has done is create a massive systemic failure and bankrupted the governments of the world.
There’s a massive crash coming folks!
Herd of the Fiscal cliff?
Understand why Obama wants to confiscate Guns…. to keep the people under when the shit hits the fan!
He know when it does the People will come gunning for his hide.
The People of America had there chance to save themselves.
They should have Backed Ron Paul, yet the vested interests wanted to maintain the Status quo at all costs. They Made sure ‘Mit Romney’, not ‘Ron Paul’ appeared next to Obama on the ballot.
The Elite Fascists know what’s coming. They put Obama in power to stall for time… so that they could prepare for the Great crash.
As we speak they are building Bunkers and stacking away Gold for the storm to come.
They will be sitting Pretty when there is chaos and starvation on the streets.
They will support the tyranny which will rise up to suppress the rioting masses.
The end is Nigh.
Prepare yourselves My friends… and pray.
The Vid below is one of the greatest speeches on what’s wrong with Western civilisation ever delivered.
God Bless you Mr Ron Paul.
Update: 16-11-12
Transcript of Ron Paul’s Historic Farwell Address Here:
Update 2.
On Hearing Ron Paul is retiring,…even after his monumental address an Objectivist says…
“Best news in the last eight days. I wish the rest of the Tinfoil Hatters would follow his lead into retirement” Here:
Suppose that you have $100 in your pocket, and you want to buy an $80 widget. So you head off to the widget store. You plan to buy an $80 widget and return home with the widget and $20 change.
Suppose that on the way to the widget store, you are intercepted by one of the government’s mobile tax agents. The agent demands 20% of the money in your pocket at gunpoint. You arrive at the widget store with only $80. Enough to purchase the $80 widget. You return home with your new widget but no change.
Suppose, instead, that on the way to the widget store, inflation occurs. The government prints 25% more money to pay for its latest government spending spree. There is now a 25% increase in the money supply, but no corresponding increase in real wealth. As a result, prices rise across the board by 25%. The price of the $80 widget goes up to $100. You arrive at the widget store with $100, just enough to purchase the $100 widget. You return home with your new widget but no change.
From your point of view – that of a wealth producer and consumer – what is the real difference between these two scenarios? Financially speaking, none whatsoever. In either case, you get a widget and no change.
From the government’s point of view – that of a wealth plunderer and parasite – what is the real difference between these two scenarios? Financially speaking, none whatsoever. In the first case, the government gets your $20. In the second case, the government prints $25 that has the same spending power as $20 did pre-inflation.
But there is a difference, of course. It’s the difference between, on the one hand, a central bank and a printing press and, on the other hand, an entire government department with more offices, officers and orifices than you can shake a stick at.
The Goode tax plan is to get rid of the Inland Revenue Department altogether.
The Goode tax plan is for the government to raise revenue by printing it.*
I’m no economist. Perhaps there’s something seriously amiss with my tax plan. Perhaps I overlooked to consider the adverse consequences of my tax plan on savers and those on fixed incomes. Or something. Feel free to educate me in the comments. But my tax plan is based on a premise that I expect no one to deny, viz., that inflation is a tax.
(*Of course. I put forward my tax plan only as a transitional measure. I don’t actually think the government should be in the business of taking money or printing it. Taxation should be phased out. I’m a libertarian, duh.)
