This is a mirror of my Stormfront blog, which I suspended in protest to unjustified banishment of Comrade MuadDib. Here respected VNN readers can get latest market news and advice, as well as analysis of financial and economic events, updated daily Monday to Friday.

Recently the Great Republican Patrick Buchanan published an excellent article, dispelling the errors of the free trade doctrine, and acknowledging the growth of popularity of policies he calls "economic nationalism" (http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=52837). Basically, he stated, that in order to remain competitive in a world, where nearly every state is subsidizing its export, the U. S. need to fine-tune its tariff system, in order to protect the economic interests of American consumer and American manufacturer. The best to do it is through a welfare trade policy - a concept in development economics that I developed.

What is a welfare trade policy. By definition, a welfare trade policy is a trade policy aimed at minimizing restructuring costs of economic agents through the use of particular protectionism. In a nutshell, welfare trade policy works as a free trade policy with normal tariff of 10% of price of a particular good on internal market, paid to government budget - up to a certain level of import, generally 25% of sales of a particular good on internal market - and then switches to an additional protectionist tariff of 40% of price of a particular good on internal market, paid to local producers of a good. Thus there exists both competition, forcing local producers to develop, and protectionism, allowing the industry to remain, even it is less competitive than its foreign competitors, thus protecting local jobs and national security. Such policy was tested in many developing economies, and was nearly always successful, being consistent with prior theoretical findings.

You would ask: why didn't America trade in accordance with welfare trade policy. The reason is simple: the jews in the department of commerce don't want to pay decent wages to American workers; but are over-joyous when they can send the jobs overseas, to the colored countries, through the so-called outsourcing. They even subsidize this outsourcing through free government insurance and grants to the biggest outsourcers, who are also heavily subsidized by the recipient country. Thus globalistic capitalists, running these corporations got everything, and American worker gets nothing. And the carousel continues on, bringing the modern democracy to its bitter end.

The issue of low saving rates of American population is discussed in economic circles for a few years already. Many hypotheses were offered to explain this phenomenon, few however contained a batch of common sense. Personally I offered an explanation, which while not PC enough, seems to explain the phenomenon. In a nutshell, low interest rates offered by globalistic commercial banks, which are more and more employing predatory deposit practices, by raising fees and lowering interest rates offered to depositors, coupled with high hidden inflation, significantly underreported by government agencies serve as a saving disstimulus for U. S. consumers. Basically spending the money today rather than saving for tomorrow makes for a better value for most consumers, while draining U. S. corporations of necessary funds to expand in the future. Commercial banks, however, does not feel the heat, due to the ever expanding cheap credit, pumped by FRS. Thus American workers and corporations are getting poorer, and globalistic financial institutions richer with every passing year.

However, even with the steady inflow of FRS funds, the globalistic banks still need an inflow of goyim funds for the smooth functioning for their usurious operations. Since it's difficult to fool middle-aged and older people, well acquainted with the system and its effects, it's teens and young adults who are the easy targets - and who can be better for such a job as a stupid colored! (see http://www.usatoday.com/money/2006-11-14-treasurer-usat_x.htm?csp=15). Promoted by a jew and able to enter college only due to anti-White discrimination, she now flies all over the country at taxpayer's expense with a simple message: stupid goyim, bring more of your money to jewish- and masonic-controlled banks at the earliest, even from the hard earned money of your parents, so that they would be able to lend it back to you at usurious interest rates. The only hope is that she's ugly enough for the teens and young adults to ignore her lies.

The issue of low saving rates of American population is discussed in economic circles for a few years already. Many hypotheses were offered to explain this phenomenon,

Good points .
Who needs to save , when there is a fiat currency ? The government can just print whatever amount of money is necessary to lubricate the wheels of commerce . It all seems to be headed in the directions of hyperinflation , with the off chance of a very strange deflation of the worst kind . I don't know :confused:

Good points .
Who needs to save , when there is a fiat currency ? The government can just print whatever amount of money is necessary to lubricate the wheels of commerce . It all seems to be headed in the directions of hyperinflation , with the off chance of a very strange deflation of the worst kind . I don't know :confused:

Personally, I think we are heading toward stagflation: a period of high inflation (5-7% annually), low growth (1-2%) and high unemployment (12-15%).Note that the U. S. government is massaging the data, so one has to adjust them in order to arrive at real values.

Personally, I think we are heading toward stagflation: a period of high inflation (5-7% annually), low growth (1-2%) and high unemployment (12-15%).Note that the U. S. government is massaging the data, so one has to adjust them in order to arrive at real values.

I agree. With regard to your earlier post (#3), another way of saying the same thing is that it's the domination of finance capital in today's world. As an aside, just the size of the derivative market today is $370 trillion (this is not a mistake: $370,000,000,000,000). This is 35 times larger than US GDP, and about 6 times larger than world GDP.

I agree. With regard to your earlier post (#3), another way of saying the same thing is that it's the domination of finance capital in today's world. As an aside, just the size of the derivative market today is $370 trillion (this is not a mistake: $370,000,000,000,000). This is 35 times larger than US GDP, and about 6 times larger than world GDP.

Well, in fact the problem is not high finance and banking per se, but it's perversion in a form of finance for finance sake. All these financial speculations add nothing to the physical capital, that is at the heart of the process of economic development. What I think should be done is outlawing most of the so-called derivatives, and straightening up finance and banking to return to simple financial products to serve the needs of industry and commerce through strict regulation.

Personally, I think we are heading toward stagflation: a period of high inflation (5-7% annually), low growth (1-2%) and high unemployment (12-15%).Note that the U. S. government is massaging the data, so one has to adjust them in order to arrive at real values.

I think that real growth has already turned negative , about 2% negative . When ZOG reports growth , it is nominal growth minus inflation . Well , real inflation is about 6 to 8% , not the 4% nonsense . So , real growth is at some negative level . ( it is even worse , when you take into consideration the flood of immigrants ,that alone would cause 2% real growth ).

An interesting source for real numbers on inflation and unemployment is the economist John Williams @ www.shadowstats.com . He fixes current unemployment at about 11% .

I registered here the other day, and this thread is one find that made my day, if You people want to check this thread from its beginnings at Stormfront you will find a clear approach to economics from our perspective. FDT is great synthesizer of economic ideas, and from what I have seen from him, the only person I have ever met that is acquainted and able to explain the principles of a NS economy (one of the very few that is aware of the work by Gottfried Feder) put special attention to the first posts he made on the thread in Stormfront, it is economics 101 for free.. The entire thread was excellent however the quality declines at the end due to continuous spamming (a certain poster whose name starts with an A started spamming on ridiculous topics such as the beard of islamic financiers).

Now going back to the point by ITZ- molecular, yes U.S. GDP growtht has probaby been negative for the last 2 or 3 years, real inflation has been much higher than what has been reported. I think one of the clear signs of the negative growth have been the decreasing real incomes (the median income for families has fallen since 2001), and that coming from official sources.
It can be checked at the bureau of labor statistics.

This is a mirror of my Stormfront blog, which I suspended in protest to unjustified banishment of Comrade MuadDib. Here respected VNN readers can get latest market news and advice, as well as analysis of financial and economic events, updated daily Monday to Friday.

I'm glad to see this thread again! Keep it up fdtwainth....

I'm glad to see this thread again! Keep it up fdtwainth....

Thank you for your continouos support, Comrade.

The issue of low saving rates of American population is discussed in economic circles for a few years already. Many hypotheses were offered to explain this phenomenon, few however contained a batch of common sense. Personally I offered an explanation, which while not PC enough, seems to explain the phenomenon. In a nutshell, low interest rates offered by globalistic commercial banks, which are more and more employing predatory deposit practices, by raising fees and lowering interest rates offered to depositors, coupled with high hidden inflation, significantly underreported by government agencies serve as a saving disstimulus for U. S. consumers. Basically spending the money today rather than saving for tomorrow makes for a better value for most consumers, while draining U. S. corporations of necessary funds to expand in the future. Commercial banks, however, does not feel the heat, due to the ever expanding cheap credit, pumped by FRS. Thus American workers and corporations are getting poorer, and globalistic financial institutions richer with every passing year.

However, even with the steady inflow of FRS funds, the globalistic banks still need an inflow of goyim funds for the smooth functioning for their usurious operations. Since it's difficult to fool middle-aged and older people, well acquainted with the system and its effects, it's teens and young adults who are the easy targets - and who can be better for such a job as a stupid colored! (see http://www.usatoday.com/money/2006-11-14-treasurer-usat_x.htm?csp=15). Promoted by a jew and able to enter college only due to anti-White discrimination, she now flies all over the country at taxpayer's expense with a simple message: stupid goyim, bring more of your money to jewish- and masonic-controlled banks at the earliest, even from the hard earned money of your parents, so that they would be able to lend it back to you at usurious interest rates. The only hope is that she's ugly enough for the teens and young adults to ignore her lies.

Well put. my parents have a joint savings account at bank of america, which pays a 2% annual interest, but if the balance goes bellow 700 usd the bank takes 20 dollars off the account per every month in which the balance is less than 700 usd; If these type of policies (0 or very low nominal interest rates)
are combined with 8-12% inflation (that`s the real inflation in the U.S. not that ridiculous 2% figure in press releases), The real interest rate (nominal rate - inflation) ends up being negative for everyone with a savings account. Considering that the savings account is the most common and simpler way for people to save, negative real rates will kill any incentives for the majority of people to save.
Now regarding the U.S. treasurer position, that one is a good example of why We shouldn`t fear the federal government; It`s filled with morons at the highest levels. One of the top positions in that government is filled by a woman whose greatest achievemet was being the president of a mexican activist organization ( if it`s in the southwest and it says latino or hispanic in the name , in chiapas must you have been born to be ale to enroll). The article carefully omits naming the degrees she got, but since her graduate studies were done at J.F.K. school of government We can easily conclude that they weren`t in the exact sciences. Hell I`m more qualified than She is for that position in the cabinet:D.

Well put. my parents have a joint savings account at bank of america, which pays a 2% annual interest, but if the balance goes bellow 700 usd the bank takes 20 dollars off the account per every month in which the balance is less than 700 usd; If these type of policies (0 or very low nominal interest rates)
are combined with 8-12% inflation (that`s the real inflation in the U.S. not that ridiculous 2% figure in press releases), The real interest rate (nominal rate - inflation) ends up being negative for everyone with a savings account. Considering that the savings account is the most common and simpler way for people to save, negative real rates will kill any incentives for the majority of people to save.
Now regarding the U.S. treasurer position, that one is a good example of why We shouldn`t fear the federal government; It`s filled with morons at the highest levels. One of the top positions in that government is filled by a woman whose greatest achievemet was being the president of a mexican activist organization ( if it`s in the southwest and it says latino or hispanic in the name , in chiapas must you have been born to be ale to enroll). The article carefully omits naming the degrees she got, but since her graduate studies were done at J.F.K. school of government We can easily conclude that they weren`t in the exact sciences. Hell I`m more qualified than She is for that position in the cabinet:D.

Thank you for your kind words, comrade. Basically, what should be done is to return to the 1930s solution: no interest and no transaction fees should be allowed on current accounts, then both the customer and the bank win. Unfortunately, this excellent law was repealed, when the jews started the transition from the honest European banking to the jewish, speculative one in the 1980s. In European lands engagement in banking has never been a right, but a priviledge with strict conditions attached, and so it should be.

As for the incompetent colored in question, I completely agree with you: these coloreds occupy the jobs for which they can never be skillful enough, and thus deny hard-working White men their career opportunities. That's one of the reasons we fight jews: to open up a career ladder for White men.

Personally, while disliking the Chinese as any coloreds, I was always impressed by their ability to successfully implement Aryan concepts that work, no matter how controvercial they could be in Aryan lands. I am especially by the Republic of Singapore - a Chinese populated island that has succeeded to develop at enourmously fast rate both economically and socially, while keeping the source of their prosperity- the republican political system and free enterprise economic system - un touched by democratic modernities. Below are just a few examples of Singaporean wisdom:

The Republic of Singapore once again demonstrated the wisdom of its leadership by initiating a project, offering a free wireless internet access everywhere in a city state. Singapore's government said it plans to cover the island with public wireless Internet access by next year and offer nearly 10,000 subsidized computers to low-income students to offer digital opportunities to all its citizens. The Republican government will increase the number of public wireless "hot spots" from 900 to 5,000 by next year as part of the plan, Prime Minister Lee Hsien Loong told an audience late Tuesday evening while launching the Wireless@SG initiative marking 25 years of a drive to boost information technology in Singapore. Lee said about 10,000 needy households with school-going children will qualify for subsidized computers, and efforts will be made to help the elderly and disabled use the Internet. The Straits Times newspaper reported that families that earn less than 2,000 Singapore dollars ($125) a month can purchase a computer for S$285 ($179)

The plan will offer free 512 kilobits per second wireless access for at least two years initiallythrough telecom operators SingTel, iCell and QMax at public wireless hot spots across the city, said a press release from the government's Infocomm Development Authority, which is running Wireless@SG. SingTel will offer the service free for three years; the others for two years. "The three operators will bump up the number of Wireless@SG 'hotzones' in high-traffic, public areas ... to make wireless broadband a ubiquitous access mode by September 2007," the statement said. The hot spots will be concentrated at town centers, business districts and shopping belts. The development authority will pay up to 30 million Singapore dollars ($18.9 million) of the expected S$100 million ($63 million) cost for the wireless networks. Finland immediately followed Singapore initiative.

Another excellent idea of Singaporean republicans is the new way to put more people to work: skill certification. More job and learning opportunities would now be open to those who did not finish secondary school, as employers and training institutions warm up to the Employability Skills System (ESS), a skills training and certification scheme by the Workforce Development Agency (WDA). Over 20 companies and training institutions, such as Home-Fix the DIY store, the Tourism Management Institute of Singapore and the Institute of Technical Education, will now recognise certification from the ESS. What this means is, to apply for a job or a course at these firms or training institutions, the applicant can submit his or her ESS certification even without N- or O-level qualifications — a widely-used basic entry criteria into employment and training programmes in Singapore.
.
To date, 14,500 people have been assessed and trained in literacy, numeracy and generic workplace skills — such as communication and problem solving — under the ESS since Sept 2004. Of this figure, 45 per cent are aged 40 years and above, while 57 per cent have O-levels and below qualifications. There are about 500,000 workers without N- and O-level qualifications currently, while thousands of youths are estimated to drop out of Secondary Four every year, and ESS can open up opportunities for them. Many amongst them have potential and can be good workers. But it is not very practical to ask all of these adult workers to go back to school or to retake their N- and O-level examinations. Unfortunately, such schemes, while relatively simple to organize, do not exist in most U. S. states.

Personally, I think we are heading toward stagflation: a period of high inflation (5-7% annually), low growth (1-2%) and high unemployment (12-15%).Note that the U. S. government is massaging the data, so one has to adjust them in order to arrive at real values.

That would be fine for the mid 70's , but I think the game is entirely different now , with 9 trillion in direct debt and 50 trillion in total obligations . I think that real growth can go very negative , like -5% . IMHO , I think we will shoot right through stagflation and into some really nasty depression.

Historically , currencies collapse when a nations trade deficit reaches 6% of GDP. US trade deficit will reach 7% of GDP, next year .

Historical fact , every depression in America has been worse than the preceding one .

That would be fine for the mid 70's , but I think the game is entirely different now , with 9 trillion in direct debt and 50 trillion in total obligations . I think that real growth can go very negative , like -5% . IMHO , I think we will shoot right through stagflation and into some really nasty depression.

Historically , currencies collapse when a nations trade deficit reaches 6% of GDP. US trade deficit will reach 7% of GDP, next year .

Historical fact , every depression in America has been worse than the preceding one .

Your forecast would have been right in absence of government interference. Yet given the fact that FRS is likely to inflate in order to retire most of the U. S. debt, and U. S. vassals in Europe and Asia would shoulder a substancial part of the losses, it is more plausible that we're likely to face a decade of high inflation, low growth and high unemployment, in real numbers of course.

One more article on the spectacular results of the economy of the People's Republic of China, that is applying in practice the principles of national-socialism:

http://www.commondreams.org/views06/1112-28.htm

Your forecast would have been right in absence of government interference. Yet given the fact that FRS is likely to inflate in order to retire most of the U. S. debt, and U. S. vassals in Europe and Asia would shoulder a substancial part of the losses, it is more plausible that we're likely to face a decade of high inflation, low growth and high unemployment, in real numbers of course.

I don't see any contradiction . Yes , fed can inflate , like crazy if they want . There can still be negative 'growth' . If there is wild inflation , say you make $1000 a day and pay $200 for a Big Mac , you have lost buying power , even if you have fists full of cash .

I really don't think that the fed has any choice , but to inflate . Anything else will lead to a dire depression , which is inevitable in any case only with varying degrees of delay .

The idea of negative income tax remains one of the least understood, and much maligned in modern community of economists. Below is a small compendium of most common arguments against the proposal, dating back to times of Reagan administration with their rebuttal.

1. Negative income tax encourages dependency and drives people out of work

Negative income tax does not encourage dependency, but on the contrary serves as a potent stimulus for work. The mechanics of negative income tax are as follows: the government pays 50% of the difference between the minimal monthly wage of 480USD (3USD per hour of minimal hourly wage* 160 working hours per month=480 USD in case od a developed country) and monthly income of an adult if not exceeding 480 USD; or 50% of the difference between half of the minimal monthly wage of 240USD and family income per each child if not exceeding 240 USD. Let's look at a case of two income family, with both parents under 35 working and four children to illustarte the effects of negative income tax:

American community survey puts an average income of such family between 24 000 and 36 000 USD per year (or 2000 USD to 3000 USD per month) depending on the metropolitan area. Should both parents loose employment, the family would qualify to between 18 700 USD and 25 900 USD in federal and state assistance. Under negative incomes tax, social assitance is limted to 50% of (480+480+240+240+240+240=1920 USD)= 960 USD per month or 11 520 USD per year, or 1.5 to 2.3 times less than under current fedal and state rules. Suppose one of the parent if offered aminimal wage job paying 750 USD per month or 9000 USD per year. Under current federal and state rules, the assiatnce to the family would be cut by roughly 3/4 or to between 4 500 USD and 6 900 USD annually. Thus the accepatnce of job offer would result in cut of family income of between 18 700-(9000+4 500)=5 200 USD or 25 900 - (9 000+6 900)= 10 000 USD. Obviously, the family would not be willing to off the dole any time soon. Under negative income tax however acceptance of the job offer would result in increase in family income of (750+585) -960=375 USD, since the family would still qialify for negative income tax of 50% (1920-750) =585 USD. Thus the family has a potent incentive to go off the dole.

2. Negative income tax leads to those few working, and those many not working and lving off the state

Negative income tax does not allow for unlimited expansion of beneficiaries. The system of negative income tax financing functions as follows: a special 15% people support tax is levied on all incomes in excess of 480 USD per month per adult/ 240 USD per child per adult, collected in each sate by the revenue agency and paid to People Support Fund, an independent agency. The beneficiaries than claim negative income tax, if their income in the past fiscal year was below 480 USD per month per adult/240 USD per moth per child in accordance with negative income tax rules. The amount of negative income tax paid for a given fiscal year cannot exceed the amount of people support tax collected for the fiscal year; if claims exceed collections they are cancelled, if fraudelent claims are identified, the person who made it is loosing access to negative income tax forever This serves as a potent restraint against excessive number of beneficiaries or unjustified claims, while at the same time ties the fate of all social classes together.

3. Negative income tax is too expensive

Negative income tax is cheap and effective way of helping the poor. The U. S. direct social spending in the FY 2005 according to the GAO are 1 066 bln USD, with further 500 bln in federal government off budget guarantees. In contrast, to put all FY 2005 U. S. non-working population (145 mln.) on maximum negative income tax (appr. 3000 USD per year per person) would cost 435 bln USD or 2.5 times less than the FY 2005 U. S. social spending combined. Using a more realistic set of assumptions puts the maximum cost estimate of negative income tax at 270 bln USD or 4 time less than the FY 2005 U. S. social spendings. Thus more than 750 bln USD can be put on reducing taxes and paying off the U. S. national debt.

4. Negative income tax makes people behave irreponsibly

Negative income tax encourages thrift and responsible behavior. It is not easy to live on 240 USD per month per single adult or on 480 USD per month for a single mother with two kids: survival would require responsible spending decisions, active looking for a job and eventually getting married. Thus negative income tax encourage individuals to make decisions for themselves, responsible decisions.

5. Negative income tax encourages breeding of the undesirables

Negative income tax helps to weed out misfits. No matter what would be done, some people would never be able to hold a job, or take care for themselves; spending resources on them is a waste of time, yet it's precisely they who get the bulwark of resources available for social assitance. Negative income tax significantly reduce the amount of social assitance, and puts everyone on equal footing, while at the same time, providing a small amount of money a misfit can use to drink himself to death fast, instead of listening to a socialist agitator. Thus those unwilling to survive are self-destroyed fast enough and with minimal wreckage inflicted upon others.

Thus the negative income tax is one of the most reasonable ideas to provide necessary social assitance to the poor. Yet its proponents are always maligned and lied about by the vast socialist bureaucracy, which takes in from 50 to 90 cents from each dollar spent in social assitance. Yet the idea is more and more popular in Eastern Europe, and the restructuring of social assistance schemes along these lines is gradually taking place.

The weekly news, important for nationalists, patriots, republicans, conservatives and fundamentalists:

The news of the republican and patriotic movement:

The Bible mandates capitalism - the only effective economic system:

http://www.garynorth.com/public/department57.cfm

The fruits of capitalism -White entrepreneur funds basic research neglected by democratic policymakers:

http://www.msnbc.msn.com/id/15701654/

The Victory of Serbian nationalists is coming closer - the pictures of the Serbian Hero Vojislav Seselj are everywhere:

http://news.bbc.co.uk/2/hi/europe/6190938.stm

The Republican Paul Craig Roberts - Bush is no conservative:

http://www.antiwar.com/roberts/?articleid=10103

Urgent - British democratic newspaper admits the British democratic government is understating inflation more than four times:

http://www.telegraph.co.uk/news/main.jhtml;jsessionid=L0MDAXPHHEAQBQFIQMFSFGGAVCBQ0IV0?xml=/news/2006/12/04/ninflation04.xml

Urgent - colored India is growing as the new economic competitor for the West:

http://www.lewrockwell.com/bonner/bonner313.html

The Great Republican President Ahmedi-nejab spoke resolutely against the zionist regime in Iraq:

http://apnews.myway.com//article/20061212/D8LVI2AO0.html

zionist activities:

How zionist judges wants to illegally limit constitutional rights and rewrite the U. S. Constitution:

http://news.yahoo.com/s/ap/20061203/ap_on_go_su_co/breyer_democracy

masonic activities:

The fruits of democracy:

Reasons for African poverty - low IQs:

http://observer.guardian.co.uk/uk_news/story/0,,1939891,00.html

The democratic law enforcement in action - U. S. democratic prosecutors are perverts:

http://abcnews.go.com/WNT/story?id=2635746&page=1

What democrats want:

http://www.lifesite.net/ldn/2006/nov/06112202.html

How democrats intend to illegal curb the natural right of Freedom of Speech in America:

http://www.michnews.com/artman/publish/article_14967.shtml

Urgent: for neoconservatives people are dogs, as in the soviet union:

http://www.mises.org/story/2410

Democratic barons: Daley-junior is continuing his father lifelong rein over Chicago:

http://apnews.myway.com//article/20061212/D8LUVDJG0.html

Middle East:

The truly Muslim is likely to become the supreme religious leader in Iran:

http://www.washingtontimes.com/world/20061119-111823-3650r.htm

Honest tv news from Al-Jazeera about Middle East, are finally available to the American subscriber, despite zionist provocations:

http://www.antiwar.com/reese/?articleid=10031

Twenty more Iraqi civilians were brutally murdered by U. S. cutthroats:

http://news.yahoo.com/s/nm/20061208/ts_nm/iraq_dc

The U. S. paper money, the dollar, is getting increasingly worthless. Previously kept in 1.15-1.30 USD/EUR corridor by informal agreements, it now fell below the floor. The FRS used all of the repo limits, it was entitled to under central bank agreements, only to see the dollar appreciate modestly but still staying below the floor level. The U. S. delegations of politicians and economic officials flew all over to the EU, Russian and China to ask for increase in repo limits, only to be told resolute “no”. Neither EU, nor Russia no China is inclined to increase the amount of reserves they hold in dollars or to increase purchases of the U. S. government securities, and even OPEC countries are refusing to take them as payment for their oil – the natural consequence of putting a zionist jew in charge of country’s finances.

But the democrats that are currently running the U. S. are refusing to admit guilt and take necessary painful measures to put the economy in order. Instead they are starting a massive witch-hunt against the industrious individuals who are rescuing their savings from inflation. Laws against offshore accounts, “money laundering”, “currency debasement” (a.k.a. anti-mint melting laws) etc. are adopted every year with even stricter penalties by U. S. democratic legislature. The von Mises Institute has recently made available a small yet excellent lecture by Dr. Andrew White, a distinguished American scholar of general and economic history. Written at the beginning of the 20th century, it depicted the process and consequences of inflation in democratic France in 1790-1797 – something that awaits democratic America in the near future. I recommend everyone to read this lecture, to protect one’s property and life-savings and prepare for the things to come. It is available here: http://mihd.net/2neqrh

Excellent post and bang on target.

Excellent post and bang on target.

Thank you for your kind words, comrade :cheers:

Being a Republican, I have always welcomed those colored statesmen, who were ruling their lands in the Republican tradition: not provoking flows of invaders or threatening White lands, but focusing instead on the betterment of their people and flourishment of their culture and traditions. Yet, there are fewer and fewer such people around, and they often die in strange circumstances. Today, one of such Republican statesmen died – Serdar (Supreme Ruler) of Turkmen People Sapurmurat Turkmen-Bashi (Father of all Turkmen) the Great.

Sapurmurat Turkmen-Bashi was a man of many talents. Having been born in a modest Turkmen family, and having lost his father in the 2nd World War and his mother and the rest of family in earthquake he was placed into the orphanage, but huge technical abilities allowed young Sapurmurat to enter one of the best technical universities of the former soviet union – Leningrad Polytechnic Institute. He became a certified power engineer, and later worked at many power installations in Turkmenistan and eventually entered political career. In 1985 he was appointed as the Head of Turkmenistan, and later in 1990 President of Turkmenistan.

After the fall of the soviet union, Sapurmurat Turkmen-Bashi started the ambitious program of economic and social reforms, aimed at catching with other countries of the region. The starting conditions were appalling: Russian communists bled the country, rich in oil and gas reserves dry, so that Turkmen have no food stores left, and hunger and death from starvation were a common occurence. Sapurmurat Turkmen-Bashi asked for economic advice, and after large discussion decided on modern Republican model – authoritarian state with free market economy. The powers of the state were strengthened so as to disallow the democrats, foreign and domestic, from profiting out of Turkmenistan’s natural riches at the expense of Turkmen people. Most of the property was privatized into Turkmen hands, except for large oil and gas enterprises that remain state property. An important achievement of Turkmen-Bashi was his Republican foreign policy of strict neutrality – non participation in various economic and political pacts, while promoting good relations and trade with everyone, especially Western companies. All this yielded impressive results: national income increased five-fold, new capital, railroads and industrial enterprises were built, the country became self-sufficient in grain and meet production, unemployment remained low and inflation contained.

Personally, having enjoyed long and prosperous business relationship with Turkmen partners, and having visited Turkmenistan, I can state that this is one of few colored places were White people are still liked and respected. Turkmen partners are reliable, Turkmen goods inexpensive and of good quality, and thus a good deal for the customer. Having interacted with the people from the former soviet union, I was surprised by cheerful and confident Turkmen faces and behavior and the good mores of the population: it is a rare place where it is safe to walk at night. Turkmenistan seemed to go from success to success: no wonder, the country generated practically zero flow of migrant invaders albeit common criminals, running from justice, and Turkmen enjoyed one of the lower crime and incarceration rate in the world. It is true that Sapurmurat Turkmen-Bashi ruled the country in accordance to Asian values, ways and traditions, yet that was the right thing to do and it brought good results.

Yet any successful Republican is not without enemies. Jewish oligarchs from Russia, Turkmenistan democrat thieves and some of more bossy American companies were unable to exploit Turkmenistan huge natural wealth for their advantage, which was used to better Turkmenistan and its population. So they decided to murder Turkmen-Bashi and change the political system in Turkmenistan: in 2002 Russian jew thug turned lying democratic “journalist” and half-Russian former democratic prime-minister of Turkmenistan, removed by Turkmen-Bashi, staged a coup attempting to murder Serdar. They failed, and the following investigation led to capture of most of conspirators and revealed the links between them and governments of Russia, Uzbekistan and United States, which supported the coup. To the credit of Turkmen-Bashi he hasn’t condemned any of the conspirators to death, strictly in accordance with recommendations of the appropriate United Nation commission. Yet his enemies continued their attempts, and the last of them succeeded: according to the preliminary information I received he is likely to be poisoned, with tail leading to Russian jewish “oligarchs”, unhappy with his policies. Now, without Sapurmurat Turkmen-Bashi, the jewish vultures would be able to exploit Turkmen oil and gas reserves again, put the country under Russian control, and mercilessly rob the natives of their possession. Thus the story of Turkmenistan is the classical story of failed development, initiated by a Great Republican Statesman and interrupted by foreign interests, inimical to country’s prosperity and leading to one more of at best colonial, and at worst, failed state.

The decline of the economy of the United States is not left unnoticed: from time to time books and articles on the subject appear that summarize the main characteristics of the process and offer informed guesses about the future. The Swiss gentleman, Marc Faber, recently offered an article with his observations, available here: http://www.lewrockwell.com/orig6/faber2.html.

He summarizes American decline alongside the following main points:

- The deterioration of physical infrastructure. The physical infrastructure in the United States is in a badly wanting state: e.g. for aviation industry the number of flights is totally inadequate, many flights are cancelled because of the shortage of the qualified personal, industry is unable to provide either security or sequence on the scheduled flights. The hotel staff is untrained, overworked and unable to adequately serve the customer. Car roads are in a bade shape, while railroads are inexistent, and bus coverage inadequate. The roads everywhere, except rich enclaves, are dirty.
- The popping up of carious speculative schemes. The U. S. financial industry is long decoupled from real economy, and is constantly promoting speculative schemes of the various kinds. As a result, the debt level are dangerously high in government, corporations and households, and currency is constantly weakening.
- The gap between rich and poor. The middle class in America is disappearing, living in its place very rich and very poor, which indicate the forthcoming strife along class and racial lines. The wages of the workingman are significantly below European levels, and do not allow for middle class lifestyle any more. The very rich however, are more and more detached from the lives of the majority of population: they live in the gated communities, move in private means of transportation and use private service establishments, which in turn weakens their interest and dependence upon country’s and people’s future.
- The disappearance of manufacturing. Most newly created jobs and fortunes are in services, which would be unable to create sufficient value added or sufficient number of middle income jobs to support sustained economic growth.

How would the process of decline be unwinding? In Mr. Faber’s view, the decline would be a slow one, started with the credit crunch, followed in crises in low-end and eventually high-end retailing. While the inflationary policies of the U. S. government may alleviate the process, they would be unable to change the direction or dynamics of it. Thus to profit from American decline, Mr. Faber suggest short term purchasing of securities of producers and retailers of luxuries items, with medium to long term shortening of their stocks. In my humble opinion, the strategy makes sense.

The recent economic successes of the Republican President Ahmadi Nejab in Iran were not noted by the lying democratic media: yet they are undeniable. Disposable income of the poorest Iran citizens increased more than 14% during 2006, the GDP growth rate is above 7%, the unemployment rate is down nearly 4%, inflation is still contained. The construction of nuclear power plants, that is entering the final stage, would free significant amounts of oil and gas for exports, further increasing the positive trade balance, and budget surplus, as well as would create thousands of well paid jobs in the industry for young Iranians. Iranian export proceeds are denominated in euros and thus fully insured from the dollar’s decline. Thus transition to the nuclear paradigm is paying off immediately and handsomely. Unfortunately, the U. S. government is still refusing even contemplate it, and appeared beholden to the special interests of democratic ecumenists.

As the war drags on and the jews, masons and democarts expand its reach in nearly every area of life, I'm detecting another moment of despair sweeping through White Nationalist ranks. Why aren't all our efforts making a difference? What are we doing wrong? Are we just wasting our time with our publications, conferences, pickets, letters to editors, vast web presence, recruitments of thousands of activists? Have the outreach to Our People ever made any difference? There are a thousand reasons to object to this line of thought. Let us speak to the moral and strategic ones directly. Despair is a vice that squelches and defeats the Aryan spirit. Hope, on the other hand, creates and builds. It is true in business, sports, and intellectual life. We must see success in the future in order to achieve it.

Dr Pierce used to wonder why people who believe that White Homeland is unachievable or that activism of any sort is futile became White Nationalists in the first place. Would a team that is convinced that it will lose every game practice or come together at all? Would a businessman who is convinced that he or she will go bankrupt ever invest a dime? Perhaps you could say that a person has no choice but to follow the Truth even when it is obvious that failure is inevitable. And truly there is some virtue in doing so. But as a practical matter, it makes no sense to waste one's time doing something that is futile when one could be doing something that is productive and at least potentially successful. So should White Nationalist activists be doing something else with their time?

Here is the crucial matter to consider. What might have been the fate of Our Race if no one had cared about it in the last 100 years? That is an important way to look at this issue, one that accords with the emphasis on looking not only at the seen but also at the unseen. I ask that we look at the unseen benefits of activism on the part of the White Race. We need to look at the communism and socialism that we do not experience, and what the world would be like if it weren't for the efforts of White Nationalists. We need an angel like Clarence to show us that world that might have been.

Less than a century ago, in White countries, the left was in its heyday. Socialism was the intellectual fashion, even more so than today. The income tax was seen as the answer to fiscal woes. Inflation and central banking would solve our problems with money. World war would end tyranny, or so that generation believed. If that trend had continued, we would have had communism right here at home. If the left had had its way — and the left is always happy with more power and money — there would have been no zone of freedom left to us, and we would live as people have always lived when the communists controlled every aspect of life: in the absence of civilization. It would have been a catastrophe.

But it didn't happen. Why? Because White Nationalists objected, and they kept objecting for the remainder of the century. Public outrage at the income tax led to keeping a lid on it. Inflation was kept in check by intellectuals who warned of the effects of central banking. Free speech has also been protected through WN activism. Reality conformed more closely to the critic's views than to the proponent's views. We won.

Again, what we need to take into account are the unseen benefits of activism. Had the advocates of White Nationalism never spoken up, never written books or letters to editors, and never advanced their views in any public or private forum, would the cause of White Nationalism have been better off or the same? No way. You have to do the counterfactual in order to understand the impact of ideology. Nationalist ideology, in all its forms, has helped to save the world from communism, which always and everywhere wants to advance and never roll back. If it does not advance and if it does roll back (however rarely), it is to the credit of public ideology.

Don't think for a second that it doesn't matter. Most of the time the impact is hard to measure and even sometimes hard to detect. White Nationalist ideas are like stones dropping into water, which make waves in so many directions that no one is sure where they come from. But there are times when VNN has made a direct hit, and we know from personal testimony that we've caused democratic politicians to fly into a rage at what we are saying and what we are doing: the public debate on immigration has entirely shifted, the state is terrified to touch the internet for fear of public hostility. If you think public opinion doesn't matter to these people, think again. They are terrified about the impressions the public has of their work. They can be completely demoralized by public opposition.

Again let me ask the question: does anyone really believe that our precious rights and liberties are best protected when there is no public advocacy of the White Nationalist cause? Would Bush feel more or less secure in the continued conduct of his war of aggression if the our antiwar propaganda shut up and dried up? When measuring the success of the White Nationalist movement, these are the sorts of questions we have to ask. It is not enough to observe that the world has yet to conform to our image. We need to take note of the ways in which the world has not conformed to the jewish, masonic and democratic image. Every democratic state wants to control all spheres of life. If it does not do so, the major reason is that freedom-minded activists are making the difference. If it were otherwise, why would the democratic state care so intensely about suppressing ideas with which it disagrees? Why would there be political censorship? Why would the democrats bother with propaganda at all?

Ideas matter. More than we know. Why haven't we won? Because we are not doing enough and our ranks are not big enough. We need to do what we are doing on ever-grander scales. We need to make ever-better arguments on behalf of White Race. And we need to have patience, just like the communists and socialists had patience to see their agenda to the end. They've had their day. Our time will come, provided that we don't listen to the counsel of despair. The angel Clarence says in It's a Wonderful Life that "Each man's life touches so many other lives. When he isn't around he leaves an awful hole, doesn't he?" It's something for anyone who advocates White Nationalism to think about before he bails out.

Study after study show, that feminism is very bad for the health of American women and girls, and often result in serious illnesses, or even suicide. This is the thesis of a new scholarly book, written by a pshychologists, who conducted numerous studies in U. S. and Canadian colleges and universities, that led her to this conclusion, yet shed decided to remain anonimous, for fear of retribution from humanistic profs. More information is available here:

http://www.lifesite.net/ldn/2006/dec/06121409.html

Our race developed under conditions where abstract money wasn't a high level value. Civilization may have depended on that abstraction, but not our biology.

Spiritually, rather deoxyribonucleic acidly, Aryans are millenia behind the Middle Eastern trade corridor race we know and despise.

Let us not envy the prowess of the jews in manipulating the assignment of mathematical value to the fruits of Aryan inspiration and perrspiration.

Let us value the eternal portfolio diversification. Spreading our genes to other solar systems. Divestiture from deadly kikes.

Weekly news, important for nationalists, patriots, republicans, conservatives and fundamentalists:

The news of the republican and patriotic movement:

The holocaust conference, conducted by the Great Iranian Republican President Ahmadi-nejab forced the Austrian democratic court to release illegally jailed British historian David Irving on probation:

http://news.bbc.co.uk/2/hi/europe/6196073.stm

and he asks Christians: what would Jesus do today:

http://www.ynetnews.com/Ext/Comp/ArticleLayout/CdaArticlePrintPreview/1,2506,L-3342123,00.html

as well as demanded actions against Israeli illegal nukes:

http://www.jta.org/page_view_breaking_story.asp?intid=6024&ref=daily_briefing

The People's Republic of China, refused democratic U. S. criticism of its defense weapons spending as baseless:

http://today.reuters.com/news/articlenews.aspx?type=newsOne&storyID=2006-12-29T020653Z_01_PEK176909_RTRUKOC_0_US-CHINA-DEFENCE.xml&WTmodLoc=Home-C2-TopNews-newsOne-9

A Great Republican Bob Barr quitted the U. S. Republican party, controlled by democratic neoconservatives, for the Libertarian party USA:

http://apnews.myway.com//article/20061215/D8M1ILB00.html

The Great Turkmen Republican Sapurmurat Turkmen-Bashi poisoned by jewish oligarchs from Russia, to gain control over Turkmenistan's mineral wealth:

http://apnews.myway.com//article/20061221/D8M54MVG0.html

http://www.washingtonpost.com/wp-dyn/content/article/2006/12/24/AR2006122400562_pf.html

Time to impeach neoconservative Republican officials (?):

http://www.commondreams.org/views06/1215-25.htm

The Great Serbian Republican Vojislav Seselj achieved everything he wanted by his hunger-strike from the illegal Hague tribunal:

http://www.iwpr.net/?p=tri&s=f&o=326218&apc_state=henh

The Great Republican Paul Craig Roberts defends the name of another Great Republican General Augusto Pinochet Ugarte against communist and socialist attacks:

http://www.lewrockwell.com/roberts/roberts189.html

http://www.vdare.com/roberts/061226_pinochet.htm

and witnesses that the culture of honest debate is fast disappearing in the U. S.:

http://www.vdare.com/roberts/061228_tey.htm

and growing simple-mindness of the U. S. population:

http://www.lewrockwell.com/bonner/bonner317.html

The lessons of Duke case:

http://www.lewrockwell.com/anderson/anderson162.html

zionist activities:

1000s of healthy White Ukrainian babies murdered by Israeli medical companies in the Ukraine, to use them for stem cells and organs:

http://www.cwfa.org/articles/12046/CWA/life/index.htm

Israeli press admits: jews were largely responsible for the communist-induced Genocide of the Russian people. Time to pay reparations to survivors:

http://www.ynetnews.com/articles/0,7340,L-3342999,00.html

masonic activities:

The fruits of democracy:

British democratic law in action - speak against perversions, be fined:

http://news.bbc.co.uk/1/hi/england/southern_counties/6173969.stm

A colored humanistic prof from third-world Cuba admits spying for it - most of humanistic profs from third-world hellholes are spies anyway:

http://www.cnn.com/2006/US/12/19/professor.spy/index.html

Libyan court confirmed death sentences for Bulgarian UN nurses-murderers, who infected more than 400 Libyan newborns with HIV to cut Libyan population:

http://www.setimes.com/cocoon/setimes/xhtml/en_GB/features/setimes/features/2006/12/19/feature-01

The fruits of multiculturism - nigger rapes White men in Houston area:

http://apnews.myway.com//article/20061219/D8M3MJPG0.html

Who are democratic politicians - a homosexual prostitute elected to Canadian parliament:

http://www.rainbownetwork.com/News/detail.asp?iData=26809&iCat=29&iChannel=2&nChannel=News

Urgent - baby factories in Bulgaria and Romania are making babies for adoption and body parts:

http://www.dailymail.co.uk/pages/live/femail/article.html?in_article_id=424450&in_page_id=1879&in_page_id=1879&expand=true#StartComments

The democratic ecumenists are continuing to illegally persecute honest classical professors, who are telling the Truth about the non-existing "global warning":

http://www.newswithviews.com/DeWeese/tom71.htm

U. S. democratic legal system is corrupted beyond repair:

http://www.vdare.com/roberts/061211_criminal.htm

The fruits of multiculturism - the South Africa black politician openly calls for murder and rape of all remaining Whites. Time to repatriate those remaining Whites there back to White countries:

http://www.honestmediatoday.com/SA_black_says_kill_whitey.htm

The fruits of globalistic capitalism - Chrysler relocate production of cars to China:

http://www.usatoday.com/money/autos/2006-12-29-chrysler-chery_x.htm?csp=15

The fruits of democratic feminism - more and more American young women have psychological problems:

http://www.lifesite.net/ldn/2006/dec/06121409.html

Middle East:

After the aggression of democratic Ethiopia, the armies of Somali's Islamic Courts are disbanded to start a guerilla war on U. S.- controlled democratic aggressor:

http://apnews.myway.com//article/20061228/D8M9P0OG0.html

More U. S. cutthroats charged with war crimes against Iraqi civilians:

http://apnews.myway.com//article/20061222/D8M5RP500.html

The U. S. military is quietly loosing Afghanistan war of aggression:

http://www.zeenews.com/znnew/articles.asp?aid=342266&sid=SAS

Execution of Saddam Hussein likely to spur jihad against the U. S. all over the world:

http://www.msnbc.msn.com/id/12784359

The recent discussion on minimal wage demonstarted, among other things, that still only a few WN can explain why a minimal wage rise would be harmful for White employment ot more generally, how labor market functions. Therefore, I've posted a simple but excellent introduction to the mechanics of labor market written by a respected American economist, F Harper, for those ineterested in how to increase real wages of White workers. It is available here: http://mihd.net/hb4xfw.

The U. S. paper money, the dollar, is getting increasingly worthless. Previously kept in 1.15-1.30 USD/EUR corridor by informal agreements, it now fell below the floor.

You are correct. I have been following your market advice for years. You are the best WN financial commentator, in my humble opinion, comrade.

Your dollar observations here are correct. I've been following and mostly just reading your post for years, comrade. Your monetary advice is far better than what I used to see on Stormfront. It is very good we now have you on VNN.

Do you see Russia or Eastern Europe offering a Rommel Gold Dollar any time soon?
Would the central bank of Latvia or Estonia consider buying the WN Romel Gold dollar, under condition it had the highest quality engravings of Her Field Marshall Erwin Rommel.

Patton gold dollar. That would be good too. The General Patton WN gold dollar, bought and supported by the central banks of Lithuania, Latvia, Estonia, Uruguay, Paraguay, Argentina, Chile, and China. The Hong Kong banks would support very well the Gold Aryan dollar series.

To start it out with bullet proof media armor, General Patton, then Admiral Forrestal. Remember the Chinese fought the Japanese and were US Allies. So the big pro-gold Hong Kong banks would give a big thumbs up to Patton (just don't suggest a MacArthur golden eagle, just yet).

Great solid advice here, comrade.


Utah

UT

You are correct. I have been following your market advice for years. You are the best WN financial commentator, in my humble opinion, comrade.

Your dollar observations here are correct. I've been following and mostly just reading your post for years, comrade. Your monetary advice is far better than what I used to see on Stormfront. It is very good we now have you on VNN.

Do you see Russia or Eastern Europe offering a Rommel Gold Dollar any time soon?
Would the central bank of Latvia or Estonia consider buying the WN Romel Gold dollar, under condition it had the highest quality engravings of Her Field Marshall Erwin Rommel.

Patton gold dollar. That would be good too. The General Patton WN gold dollar, bought and supported by the central banks of Lithuania, Latvia, Estonia, Uruguay, Paraguay, Argentina, Chile, and China. The Hong Kong banks would support very well the Gold Aryan dollar series.

To start it out with bullet proof media armor, General Patton, then Admiral Forrestal. Remember the Chinese fought the Japanese and were US Allies. So the big pro-gold Hong Kong banks would give a big thumbs up to Patton (just don't suggest a MacArthur golden eagle, just yet).

Great solid advice here, comrade.

Utah

UT

Thank you for your kind words of encouragement for my modest abilities, Comrade. It is truly rewarding to see that the effort I put in providing free and reliable basic investment advice for respected VNN readers is helpful to them, and help them to avoid the claws of jewish and masonic usurers and speculators, willing to defraud them from their hard-earned savings.

Speaking of more elaborate medallions, we may do them in the future. I considered a more elaborate design for our Aryan dollar coin, but decided aginst is, since otherwise we would have to charge for it 60% more than the physical metal in it costs. Perhaps we could put a protrait of our Great Leaders on the 1 onze gold coin, but this, as I said is more of the question of the future.

Speaking of the central banks of the region, they do issue gold and silver coins with portraits of various dignitaries. Some countries even put the portraits of their 2nd World War leaders on such coins, but political change is required to put national monetary systems on a healthy commodity footing and to issue national currency in the way you speak of.

I am very sad today, and the reason is simple: yesterday the new world war, the 3rd one has begun. In Iraq, a platoon of Iraqi mercenaries under the direct command of the United States has kidnapped the high-ranking Iranian diplomat, thus committing act of war against the Islamic Republic of Iran. This put in sequence the chain of events, that s likely to lead to the 3rd world war, much more devastating, that the world has seen, and nuclear in nature.

Sharafi, the kidnapped Iranian diplomat, was traveling around Baghdad Sunday evening with two colleagues, the Iranian officials said. During the kidnap Sharafi's colleagues escaped and notified police, and that police and the abductors exchanged gunfire during a brief clash. Four Iraqis involved in the kidnapping Sunday evening of diplomat Jalal Sharafi were arrested on the crime scene and interrogated by Iraqi police, according to two Iranian officials in Baghdad. The detained Iraqis, who wore military uniforms and carried military identification cards, were "not under the Ministry of Defense control, they were directly connected to the American control," said an official at the Iranian Embassy who spoke on condition of anonymity. The Iranian official condemned the disappearance of Sharafi, whom they identified as a second secretary at the embassy in Baghdad, and said his abduction was part of the Bush administration's effort to counter Iranian influence in Iraq. "The Islamic Republic of Iran considers it a responsibility of U.S. forces in Iraq to protect members of the diplomatic community, including Iranian diplomats, and will hold them responsible for obtaining the release of the abducted Iranian diplomat," Iranian Foreign Ministry spokesman Mohammad-Ali Hosseini told the Islamic Republic News Agency.

Kidnapping a sovereign country’s diplomat is under international law an act of war that gives Islamic Republic of Iran unconditional right to attack the United States, and compels the U. N. and the international community to assist it in fighting the U. S. aggression. Given the strict adherence of the Iranian President Ahmedi Nejab to the tenets of his Faith and the ideals of the Islamic Republic, that demand revenge against such offense against Islamic Republic and its people, it is likely that Islamic Republic of Iran will start attacking American interest in Iraq and elsewhere in the Middle East. The growing strength of Iraqi Resistance Movement indicates that Iran is quietly assisting it for some time, bringing it more and more victories against American aggressors – and what would happen when hundreds of Islamic revolutionary guards, well armed with Russian arms and committed to the Faith and Revolution will join the struggle? It is easy to foresee, that American cutthroats, demoralized and unwilling to fight would be defeated at ease, and the whole American army destroyed. This in turn would give the U. S. democratic government pretext to use nuclear weapons against Iran and other enemies of democracy: the pretext that they currently do not have. And the 3rd world war, the nuclear war will start.

Last Sunday was the beginning of this war. Nor shots have been so far fired, nor armies mobilized: but the invisible forces that will fight each other are already in action, and cannot be stopped. In spring at earliest or in autumn at the latest, the war is likely to become full fledged, bringing the world with it to the precipice of the horrors of war, and even darker horrors of the worldwide totalitarian state that will emerge out of it. Domini, ab aeterna damnatione nos eripi.

Excellent post. The signature line I have used from Hunter S. Thompson says it in a simple way, "Big dark, coming soon".

Though I am no longer a Mass attending Catholic, fdtwainth, I join in your plea that that God rescue us from eternal damnation.

Enkidu

Excellent post. The signature line I have used from Hunter S. Thompson says it in a simple way, "Big dark, coming soon".

Though I am no longer a Mass attending Catholic, fdtwainth, I join in your plea that that God rescue us from eternal damnation.

Enkidu

Thank you for your kind words of appreciation for my modest abilities, comrade.

A new jewish trick to rob a feminist White women has been discovered: recent research, conducted by a Merrill Lynch economist, substantiated a thesis, that there is indeed exists a gap between consumer inflation rates, faced by men and women.

Analyzing last year U. S. CPI data, jewish economist David Rosenberg found, that the prices of consumer items, weighted heavily in women’ consumer baskets (like jewelry, cosmetics, perfume and women apparel), have risen 3.6% the last year in comparison with 0.2% last year price increase for consumer items, weighted heavily in men’s consumer baskets (auto parts, men clothing and shoes, sporting goods) – and the gap is widening as of beginning of 2007. The factors explaining the disparity are greater employment and income growth among women, especially White, and lower marriage and childbearing rates: and single women tend to spend a much higher portion of their income on themselves than single men do.

Looking at the data, it is impossible to ignore the fact that jews are significantly overrepresented in most industries with primarily female customers as cosmetics, perfume and jewelry – and all these industries are all primarily driven by advertisement agencies, a thoroughly jewish-led and jewish-dominated ventures since at least the 1970s. The prices of these industries’ products often exceed costs by a factor of dozens – and they are increasing fast Thus, by discarding a man, who restrained her conspicuous, and to a large part, unproductive consumption, a feminist White woman has become an ideal object of exploitation for a jewish trader, who, unsatisfied of robbing her of her future, is soaking her dry.

It yields significant intellectual pleasure to identify and correct a faulty line of reasoning, as in case with this article, written by Mr. Fred Reed and available here: http://www.vanguardnewsnetwork.com/?p=1542. Below is my commentary (in brackets):

One hears much admiration from politicians of the American “national character,” by which seems to be meant the aggregate of prevailing values of the majority of the population. I gather that Americans tend to regard their national character as comprising such things as freedom, independence, individualism, and self-reliance. One thinks of Daniel Boone or Marlboro Man. In fact we no longer have these qualities and probably never will again.

(Fred Reed perhaps does not have them, but many other prominent and successful Americans do)

Generally we now embody their opposites.

(A generalization, unsupported by evidence)

Modern society has become a hive of largely conformist, closely regulated and generally helpless employees who depend on others for nearly everything.

(A misleading term “employee” is used here to detract attention from the profound occupation shift the U. S. underwent since 1980s. In fact, if we look at U. S. occupation structure, compiled by the Bureau of Labor Statistics, we’ll see that more than a third of U. S. workforce is currently in managerial and specialist occupations that can easily be converted into private practice – and the share of such jobs is growing rapidly since mid-1980s. Further quarter of workforce constitutes self-employed individuals, fishers and farmers. Add these two categories, and you’ll see that a majority of American labor can easily become independent contractors again; they don’t do that because of repressive tax and regulatory regimes, and whenever it is loosened up, the tendency to independent contractorship, characteristic of free-market economy, reinforces itself. Interestingly, even illegal unregulated labor is hired generally as independent contractors, as economic theory would suggest, thus disproving Reed’s argument that modern society is indeed a “hive of helpless employees”)

The cause is less anything particularly Americans than the technology that governs our lives. The United States just moves faster in the direction in which the civilized world moves.

(The lives of rational human beings are governed by principles, not technology. Technology could help, but I doubt most Americans care that much about each new technological fad available)

Character springs from conditions.

(A faulty 18th century Montesquieu-like premise, that has been disproved in the 19th century already. In fact, character is 80% hereditary and only 20% of it spring from environment)

Consider a farmer in, say, North Carolina in 1850. He was free because there was little government,

(An incorrect inversion of cause and effect. In fact the reverse is true: there was little government in North Carolina because most farmers, as well as American elites, cruelly oppressed and persecuted in Europe, cherished the value of Freedom)

self-reliant because what he couldn’t do for himself didn’t get done,

(Again, incorrect premise, that demonstrates Reed’s ignorance of American history. American farmer could have bought a relatively large selection of tools and equipment, and many do precisely this. These tools however weren’t cheap; so it made sense to make them on one’s own instead of purchasing them)

independent because, apart from a few tools, he made or grew all he needed,

(Again, the inversion of cause and effect. A farmer mad or grew nearly all that he needed (and purchase some tools on the market), because he was independent in spirit)

and an individualist because, there being little outside authority, he could do as he pleased.

(See above explanation for the chronic Reed’s mistake)

All of that is gone, and will not return.

(Typical defeatist propaganda: all of this will return, or things broke down in America. Civilization is a fragile creation, and if the necessary preconditions for it - freedom, independence, individualism, and self-reliance – are not met, the world will return into savagery)

Freedom has given way to an infinite array of laws, rules, regulations, licenses, forms, requirements.

(Because first, the humanistic teachers and profs agitated for decades against freedom, independence, individualism, and self-reliance, poisoning the minds of the general public. Freedom declines were educated citizenry diminishes, and that’s precisely what has happened in the U. S.)

Many make sense, may even be desirable in a complex world, don’t necessarily make for a bad life, but they cannot be called freedom. Various governments determine what our children learn, whether we can paint the shutters, who we must sell our houses to, who we can hire, what we can say if we want to keep our jobs, where we can park, and whether and how we can build an outbuilding.

(In fact, most regulations do not make sense, because their costs is higher than effects that are obtained by them. Repealing all U. S. laws and regulations from 1913 on will improve not diminish the standards of living in America)

People who live infinitely controlled lives become accustomed to such control. Obedience becomes natural. And so it has.

(That’s a correct observation. The problem is, however, that controls destroy the economy and lower standards of living, which in turn provokes wholesale rejection of laws and controls – and that’s what we should be aimed at)

Although we speak of democracy, in fact we have little influence over the circumstances of our lives.

(Precisely as political theory would suggest. Democracy is tyranny by majority rule, and people’s impact diminishes under tyranny)

All matters of importance—what values our children are taught, for example–are determined by remote bodies over which we have no power.

(Because the generation of baby boomers to which Mr. Fred Reed himself belongs was complacent, and the government used this unfortunate complacency to its own advantage. Our generation is not complacent: we are going to take back what Fred Reed’s generation has lost)

When jurisdictions are large, the effort needed to change things that powerful lobbies do not want changed is prohibitive.

(The effort is indeed painstaking, but the objective is reachable as the experience of Mr. Ward Connolly’s Equal Rights Initiative demonstrate. General baby boomer is passive, and thus looses; general X-er is active and thus wins, no matter how high the barrier is)

And of course we vote for candidates, not for policies. Once elected, they do as they please.

(The lying democratic politicians, yes they are such; the honest republican statesmen are different. The less we are going to listen to lying democratic journalists as Fred Reed, the more we would be able to notice these statesmen, who do not generally seek publicity, associated with politics, but are able to the job right)

Individualism has withered under the pressure of the mass media and a distaste for eccentricity.

(A blatant lie. In fact, there are a whole lot of individualists around us; it is only the lying democratic media who do not publish about them)

Self-reliance died long ago.

(A blatant lie again; in fact the economic difficulties that are coming to the Western world with the onslaught of democracy and globalism made a whole lot more people self-sufficient, than in the 1950s, when industrial society was in full bloom)

We depend on others to repair our cars, grow our food, fix the refrigerator, and write our operating systems.

(A typical media manipulation. The goods that we buy on the market do not make us dependable upon other people, because markets are highly competitive and the choice of goods wide. If one producer ceases to behave rationally, he is fast replaced by a competitor; the same is true for consumers. Thus we are not dependent on people from whom we buy or to whom we sell; of cause it is possible to talk about dependence upon a market as an institution, but such dependence has always existed even in 19th century. In fact, for survivalists like Amish, willing to reduce their consumption, full self-sufficiency on a communal or individual level has become much more attainable and much less painful as in the past)

The habit of reliance on others has reached the point that even the right of self-defense has come to be regarded as wrong-minded.

(Again for whom, Mr. Fred Reed? Not for American people; as the polls consistently demonstrate, and which your fellow journalists do not report)

The gain is that these things are usually done better than we could do them ourselves. The loss is that we are utterly dependent on others. As things become more technologically complex, the reliance on specialists grows. Almost anyone could learn to repair a flathead Ford, but today’s Corolla is vulnerable only to a trained technician. Of course it’s a better car.

(Again, Mr. Fred Reed: if you can’t repair your car, it is your problem. Personally, I can: sometimes it takes time to get required details because of monopolistic producer-service agreements, but it is still can be done with a basic vocational training. A different thing is that many young people do not go into vocational training any more, again because of the media propaganda of easy success. But it is their problem)

Most poignantly, we are become a nation of employees, fearful of losing our jobs.

(To repeat: a misleading term “employee” is used here to detract attention from the profound occupation shift the U. S. underwent since 1980s. In fact, if we look at U. S. occupation structure, compiled by the Bureau of Labor Statistics, we’ll see that more than a third of U. S. workforce is currently in managerial and specialist occupations that can easily be converted into private practice – and the share of such jobs is growing rapidly since mid-1980s. Further quarter of workforce constitutes self-employed individuals, fishers and farmers. Add these two categories, and you’ll see that a majority of American labor can easily become independent contractors again; they don’t do that because of repressive tax and regulatory regimes, and whenever it is loosened up, the tendency to independent contractorship, characteristic of free-market economy, reinforces itself. Interestingly, even illegal unregulated labor is hired generally as independent contractors, as economic theory would suggest, thus disproving Reed’s argument that modern society is indeed a “hive of helpless employees”)

Prisoners of the retirement system, afraid of transgressing against the various governing bodies before whom we are helpless, unable to feed ourselves, we are at least comfortable.

(Well, this may be true of the baby boomers generation that forsook their childbearing responsibilities, and will bear the painful consequences of their choices. The younger generation is however different: it will not go into socialist trap)

We are not masters of our lives.

(Again a media manipulation: Mr. Reed, perhaps, is not, personally I, and people I know, are)

Dense populations and the complexity of machines and institutions lead inevitably to regulation, which leads to acceptance of regulation and therefore of authority, which becomes part of the national character.

(Hogwash, easily disproved by a slew of Republican examples, including Hong Kong, where there is little regulation, even as population density is one of the highest in the world)

This we see.

(In fact, we do not see it)

In my lifetime the change has been great. In rural Virginia in the Sixties, you could walk down the road with your rifle to shoot beer cans, swim in the creeks without supervision and life guards and “flotation devices” approved by the Coast Guard, and generally be left alone. Now, no. Regimentation has grown like kudzu.

(Well, in New Hampshire, as in many rural areas, there is still little regulation. The change Mr. Fred Reed saw, however, was the result of one generation of Americans forsaking of their responsibilities: and now we are going to turn the things around)

We obey

(Some obey, most do not, Mr. Fred Reed. Fortunately, for all the lying democratic propaganda to the contrary, Americans are still a free spirited people)

The new generation knows nothing else..

(A blatant lie easily disproved by factual evidence)

At the moment we see a great increase in regulation in the guise of preventing terrorism. Other pretexts could have been found and, I suspect, would have been: fighting crime or the war on drugs or something. The result might have been a drift rather than a headlong rush toward control. But sooner or later, technology determines politics. The computer, not the Constitution, is primary.

(What a stupid conclusion, a product of erroneous thought process. It is not a gun that kills, it is the criminal, who would otherwise kill with a knife or a sword – but to a lying democratic journalist this thing seems incomprehensible)

I suspect that the concern about terrorism is just a particular manifestation of a growing obsession with safety. Not too long ago, Americans were a hardy breed—foolhardy at times, but the one comes with the other.

(Most of them still are, Mr. Reed, except for baby boomer lemmings)

Now we see attempts to eliminate all risk everywhere. Cities fill in the deep ends of swimming pools and remove diving boards. We require that bicyclists wear helmets, fear second-hand smoke and the violence that is dodge ball. Warnings abound against going outside without sun block. To anyone who grew up in the Sixties or before, the new fearfulness is incomprehensible.

(Well we are still free to ignore warnings, and to defund the governments that are wasting our money in such a fashion: and this can be done with an effort quite easily)

The explanation I think is the feminization of society, which seems to be inseparable from modernity.

(Hogwash, again. The drive to feminism was a subjective, not an objective phenomenon, and can be easily driven back)

The nature of masculinity is to prize freedom over security; of femininity, security over freedom. Add that the American character of today powerfully favors regulation by the group in prefe4rence to individual choice. Note that we do not require that cars be equipped with seat belts and then let individuals decide whether to use them; we enforce their use. The result is compulsory Mommyism, very much a part of today’s America.

(Fred Reed’s forgot to mention that seat belt rules are the product of regulation, not laws. When a contrarian proposal were suggested they were always favored by the people, and often passed. And should the men behave manly, no matter what the costs associated with it, the society would soon change in a more desirable direction)

Does technological civilization inevitably lead to totalitarianism? Certainly the general fear, in combination with technology, makes a sort of soft Stalinism easy. Just now we move toward national ID cards, smuggled in by linking records of drivers’ licenses. Passports, scanned and linked to data bases, provide a record of our travels. Security cameras proliferate. Some of them read the license plates of all passing cars. Email can be monitored, phones easily and undetectably tapped. Now the government is experimenting with X-ray scanners for airports that provide near-pornographic images of passengers. Whether these will be used for dictatorial ends remains to be seen. Historians may one day note that surveillance, when possible, is inevitable.

(Again, what a stupid conclusion, a product of erroneous thought process. It is not a gun that kills, it is the criminal, who would otherwise kill with a knife or a sword – but to a lying democratic journalist this thing seems incomprehensible)

What then is the national character today? I think we are first an obedient people.

(You are wrong)

We submit.

(You do, we don’t)

We are comfortable with authority, and seem to be most comfortable when we are told what to do.

(Most people have been such, yet it did not affect our precious rights and freedoms in the past, because a determined minority protected them. Baby-boomers have dodged their responsibility, but a new generation will not)

We prize security, safety, and predictability.

(You do, we don’t)

Increasingly we accept being treated like convicts at airports and elsewhere.

(You do, we don’t)

We want to be taken care of.

(You do, we don’t)

We can do few things for ourselves.

(You can’t, we can)

We expect government to decide much that was once regarded as outside of government’s ambit.

(You do, we don’t)

And we are to the marrow of our bones incapable of rising against the creeping tyranny.

(You are, we are not)

So much for Marlboro Man.

(Or to be more exact, so much for the lies and manipulations of lying democratic journalist Fred Reed)

Conclusion: Fred Reed projects the weakness of his character, and the lies and manipulations which he accustomed to use in his media career to further the democratic party line on the character of American people. But the reality of American national character is very different from Reed’s misrepresentation of it: a sizeable bulk of the U. S. population is still free-spirited, independent and self-reliant, and it is going to restore the system of the constitutional government and return America to its former splendor.

Source: http://silverstockreport.com/2007/wh...ll_double.html


Why Silver's Ready to Double in a Year

First, here's the silver story in a nutshell.

Silver is money, the only true money of the masses, the people. Gold is for kings. Silver is for change, and is the "workhorse" money.

Silver has been consumed by industry. The world is running out of silver; industry consumes more than the mines produce.

There's no room for any investment demand to enter the silver market without driving the price sky high. We've just begun to see a little bit of investment demand.

There is way too much paper money; the dollar is fruad. There's nothing backing the dollar. If the U.S. gold hoard exists, it would back only 1% of the value of the dollar. That's an enormous amount of fraud.

And all frauds have one thing in common. They end very suddenly. The thing that's going to happen, when the fraud of the dollar ends, is that dollars won't buy anything. And so what will people be using for money? They will be using gold and silver.

So you'll have huge amounts of monetary potential demand entering the gold and silver markets.

On top of the scarcity factor, silver could go up a tremendous amount.

The current ratio of silver to gold is 50:1, 50 ounces of silver will buy 1 ounce of gold. The historic ratio is 15:1, that means you can make 3 times your money owning silver, but if we do better than the historic ratio, due to the scarcity factor, we could make 6-10 times as much money in silver than in gold.

That's why I'm in silver.

But I run silverstockreport.com and own silver stocks due to leverage.

People know that if silver is going to go up, they are going to buy the silver stocks. If the world needs gold and silver that badly, then the companies that produce it are going to be earning tremendous amounts of money.

You want the stocks for the leverage.

If silver goes up 3 times, and you have a marginal producer of silver with a reasonable P/E ratio of 10, their earnings can skyrocket and can go up 3000% as silver goes up three times, so the stock price can outpace silver.

Now, we need to talk about P/E ratios more in a minute, but first, silver.

In the last few years, silver has been going up by 30% per year minimum. And I believe we are now on the edge, on the verge, of silver going up 100% in the next year.

A lot of other metals and oil are up 500%.

Oil was up from $10 to a high of $70, now $60.

Zinc from $.35 to a high of $2.00,. now $1.50/lb.

Copper, from $.75 to a high of $4.00, now $3.00/lb.

Lead from $.20 to $.90/lb.

Nickel from $3 to $22/lb.

Uranium, Indium, Molybdenum, Selenium, Cobalt are all up 1000% or more.

Silver, just to keep up with the other commodities, if silver were to go up 500% from the bottom at $5/oz, that would be would be $25.

And I really think that now it's silver's turn.

So, with silver at about $13, we are going to see silver rise to $25, or gain about 100% real quick.

That's just my opinion, just what I think, just from my experience watching the markets.

But silver's going to do better in the long run than a lot of the other commodities, because nobody's going to store, or go out and buy $5000 worth of oil, and store it in 80 barrels on their front lawn.

But anybody can go to the coin shops and buy $5000 worth of silver and put it in the corner of their back closet.

There's a reason why silver is money and nothing else is! (except for fraudulent paper)!

Silver does the job of money!

Oil doesn't. It's too messy, it's too heavy, too bulky, too inconvenient.

Silver--with such an enormous amount of value packed in such a small quantity is really fantastic.

But people complain that you get so much silver for your money, but that is exactly why you want to buy it!

So, getting back to stocks.

If a stock earns 33% of its market cap in a year, that's a P/E ratio of 3.

Therefore, I'm not interested in stocks with P/E's higher than 3, because I believe silver is going to go up 30% in the next year, minimum!

So a stock with a P/E ratio of 3 is a "break even" with silver at 30%.

Again, I'm not in stocks to break even with silver. I'm in the stocks only for one reason--to outperform silver. If the stocks are not going to outperform silver, there's no reason for me to own them. I have no reason to own stocks that are going to go up less than 30% in a year.

I want stocks to outperform silver!

My goal is to acquire more silver, not to acquire more dollars.

Now think about this:

A P/E of 1 is a "break even" with silver going up 100% in a year. And I expect silver to go up 100% in the next year, or 18 months.

This chart also points to silver rising about 100% in the next year or so:











Now, I'm sure many of you have heard of the Dow to Gold Ratio.

Historically, it returns to 1:1, so that means if we expect $3000/oz. for gold, that’s 3000 for the Dow. Or 30k for each. Either way. Or it could be 50,000 for each, or 100,000.

At that 1:1 ratio, Dow/gold, gold is going up by about 20% per year, bonds are paying 20% per year, and the P/E ratio for the stocks is about a 5, where companies earn 20% per year compared to their market cap. That's the baseline of normal values. Well, not really, because in a "normal" world, there is no such thing as the fraud of paper money.

The point is that this is the reason why P/E ratios return to such low values. There's no point in buying a P/E ratio higher than 5 if the price of gold is increasing by 20%! They are on par!

That's the true "opportunity cost" of not owning gold or silver right now in this bull market.

Gold and silver are going to continue to do better than most stocks, until P/E ratios come back to a normal 5-7.

Now, many mining stocks, especially emerging producers, have P/E or forward P/E ratios of about 1-2 or 3. And wall street is not buying because they don't understand, and have not done the research to find these stocks, and/or the companies are badly promoted. Some of these stocks, I'm just finding out about in the last month or so.

But still, two weeks ago, I bought silver. I bought a lot of silver. Why?

If silver's ready to run 100%, I need a P/E ratio of as low as 1 just to compare, just to "break even" with where I think silver is going.

And if silver is about to outperform copper and zinc, then a copper or zinc stock with a P/E of 2-3 may not even keep up with silver.

My own rule of basic portfolio management is to put the most of your assets into the thing that you think will go up the most.

So, I have 17% of my portfolio now in physical silver.

If I include gold and palladium (I don’t own any platinum), I'd have 21% of my overall portfolio in the physical metals. If you want to know more, of what percentage I've allocated to about 30 stocks, and which stocks those are that I expect to go up by 30% per year or more, or with very, very low P/E ratios or forward P/E ratios, please subscribe to the "look at my portfolio" at silverstockreport.com.

Thank you.

In my practice, I often face the ignorance of basic financial concepts on behalf of otherwise perfectly learned and intellegent men, who, thus must fully rely on professional's advice without understanding what's going on, or their "informed consent" as it is called. So, I was amazed to find recently an excellent American introduction into basic financial concepts in form of a CD with 14 songs, recorded by someone calling himself Steve Dore. The songs lasing a little less than a half an hour could be listened to here, providing the listener with understanding of basic financial concepts: http://inflationnation.us/CD%20INFORMATION/linernotespage.html

can you move that article into my coin shops thread. it would be a great add on.

In Memoriam of Yankee Jim Leshkevich

Tuesday was a sad day, when I rose up early in the morning. It was raining as if something bad has happened. I looked up the news and was stunned: the newsline read “Yankee Jim Leshkevich found dead in murder-suicide”. I still remembered his cheerful look and fresh and vigorous voice back at the Channon Christian Chris Newsome murder rally. He was so strong and energetic, as always full of ideas and ready to help that it was pretty difficult to imagine that such thing could have happened to him. Yet the newsbit left nor grounds for doubt: Yankee Jim and his wife were found dead at his residence. Apparently, Yankee Jim killed his wife, than killed himself.

Yankee Jim was a street activist. His primary focus was to help organize events, conduct propaganda activities and to draw new recruits to the Movement. Yet he was not a common street activist, far from it. Those knowing him back in the National Alliance days remember, that he always extended a word of encouragement and a helping hand to every White Nationalist, yet possessed an excellent practical sense to discriminate between good and bad project, between something worthwhile and something wasteful. He was very innovative always finding news avenues to enhance and improve National Alliance activities, his house was always opened to a fellow White Nationalist comrade. In short Yankee Jim Leshkevich was a genuine White Nationalist activist, serving as an example for younger National Alliance members to follow.

His activities did not pass unnoted by the jewish controlled media and government bodied. He was defamed in his community, lied about multiple times, had libelious articles published about him in a local press, constantly watched and harassed by the authorities at various government levels. His health and family has been put under growing jewish-instigated pressure, casting him over and over again for those living in his community as an immoral and opportunistic man. All this, however, have not deterred him from White Nationalist activism, causing him to redouble his effort and dedication to the Movement instead.

But in a larger sense, Yankee Jim was a moral man. It is true that his morality was practical, yet he possessed an inherent understanding of what is right and what is wrong. He has been betrayed multiple times in life: first, when disintegration of the National Alliance forced him to leave and to join VNN as an activist, and later as a broadcaster; second, when after jewish takeover of Stromfront he has been purged with most of the decent members, yet he never in his life abrogated the responsibility to his superiors and his comrades in White Nationalist Movement. He felt a deep personal responsibility for the Future of the Race. That’s why faced with treachery in the midst of his house, and the considerable damage to be inflicted upon him and the Movement at large, he did the right thing, cutting off the treachery and sending a clear message in nor uncertain terms that wives and daughters of White nationalists will not be allowed to fool around. He knew that he would be facing unjust democratic laws that have long ago abrogated the ancient principle of European law that the man who faces an adulterous wife cannot be held accountable before the court of law for the consequence of his actions against her given the gravity of the provocation involved. He chose to die honourably, having preserved the integrity of his name and his kin.

The lying democratic newspapers are besmirching the name of Yankee Jim Leshkevich, casting him in a bad light in any possible angle. Yet for those who know and remember him he will always be a true American patriot, a man of courage as well as principle, a man who did a distinguished service to the White Nationalist Movement and who died for those principles we hold dear. His family should be proud of him. God have mercy upon your soul, dear Comrade, rest in peace.

Regretfully, the case of Kevin Strom demonstrates the sad dilemma White Nationalists face. On the one hand few competent people are at present willing to openly join the White Nationalist Cause, and those who join rarely possess advanced education and/or experience, especially technical. On the other hand, those few competent people that join sometimes have character issues that had to be overlooked because their contributions are essential to the Cause.

I think Dr. Pierce may have suspected the tendencies Mr. Strom has unfortunately demonstrated, or, more likely, felt weakness in Mr. Strom's character. That was the likely reason for Dr. Pierce's refusal to establish Mr. Strom as his successor. However, Strom's contributions were useful, and so he remained in the Alliance. Fuhrer, facing similar dilemma, used a clever pervert, rem, to achieve the Movement's ends, than, when success was achieved, got rid of him. I think so Dr. Pierce would have done in similar consequences.

My solution to the dilemma is to recruit the youth. The best way to learn something is to do it, so getting the ideologically prepared, although less competent young patriots is a better way than recruiting technically competent albeit agnostic individuals, especially when the young patriots can immediately be put to tasks where they can learn. If however a weak individual shall be needed, he may well need the guidance of a strong Leader to insure that his weakness does not harm the Movement as a whole.

The recent resignation of Admiral Fallon, the well-known enemy of the U. S. engagement in Iran, points that the question of the possible US was against Iran has been answered in the affirmative. It has happened because of the likely victory of John McCain in the US Presidential elections and the election of the jew medvedev as the president of Russia. Thus the neoconservative archhawk would be leading the US in 2008-2012, and Russia's jewish president would guarantee its neutrality in the forthcoming US-Iran war, as it had happened in the past when Serbia was attacked. The likely timing of the war is Autumn 2008/Spring 2009 with Autumn 2009 as the latest term.

The proper thing to do is to adjust investment portfolios in light of these developments, if someone has not done so yet. Useful points for small investor:

1) Get out of bonds and stocks excluding energy sector

2) Put at least half of the portfolio into precious metals, 2/3 into gold and 1/3 into silver. I expect pm prices to rise 20-30% in the coming year.

3) Put 2/3 of other half into European currencies, preferably EUR. I expect USD/EUR exchange to continue to correct to 1.70-1.75 within 6 months. Keep the rest in cash for emergencies and opportunities.

Next time detailed analysis of US & European the energy sector.

The neoconservative humanist scientists like Thomas Fleming try to redefine the meaning of patriotism and to cast it as an opposite of nationalism. So it is a duty of a classical researcher to present facts as they are and to define each phenomenon appropriately.

According to Aristotle, all political phenomena exist in two states: perfect and imperfect.

Let us define perfect states first, to be able to contrast perfect and imperfect states, and to determine the reasons for their appearance.

Racialism – the love of one’s race and its unique physical and intellectual capabilities, reflected in civilization it creates. Racialism is the highest form of social affinity, for out of the race growth individual peoples endowed with separate tasks within the body of civilization the race creates.

Nationalism – the love of one’s people and respect of its peculiar patterns of thinking and behavior reflected in national traditions, culture and language. Nationalism is the intermediary form of social affinity, inferior to racialism but preceding patriotism, for the people creates the state which is simply the manifestation of the people’s will in the political realm.

Patriotism – the love of one’s country and one’s state. Patriotism if the lowest form of social affinity, inferior to both racialism and nationalism.

Let us then define the imperfect states.

Racism – the feeling of absolute supremacy of one’s race above all else and the desire to dominate other races in the respective homelands of their civilizations.

Nazism – the feeling of absolute supremacy of one’s people above all else and the desire to dominate other peoples in their respective homelands.

Statism - the feeling of absolute supremacy of one’s state above all else and the desire to destroy all other loyalties existing within a people.

The perfect states may pass into imperfect states in consequence of two processes, action and reaction.

The process of action in the case of racialism starts with exploration of foreign lands, settled by different races. Different races interact, intermingle and sometimes cohabit in a country. This breeds racial strife, and if a race feel threatened by it, racism.

The process of action in the case of nationalism starts with the feeling of absolute supremacy on behalf of one people towards other peoples, whether of the same race and civilization or different race and civilization. This feeling of absolute supremacy, often expressed in the people’s literature is then used to justify political and economic claims against other people’s homeland.

The process of action in the case of patriotism starts with the desire to absolute rule on behalf of a part of the people to attain their political and economic ends at the expend of others within the people. An internal or external enemy is created, and special powers are claimed to be necessary to deal with this artificial threat, that became the basis of the centralization of political power that is accompanied by a propaganda campaign to glorify the state and its alleged achievements.

The process of reaction in the case of racialism starts with large flows of immigrants of a different race, that are let in by ruling elites to exploit them economically. When the share of immigrant population becomes significant, increasing due to chain migration and higher fertility, a race becomes threatened, and racism arises.

The process of reaction in the case of nationalism starts when national pride of a people is humiliated, and a people is put in inferior social and economic conditions, often as a result of foreign conquest or betrayal of ruling elites. When a significant part of a people feels humiliated or mistreated, nazism arises.

The process of reaction in the case of statism starts when the state is weakened as a result of military defeat, internal crises or deliberate decision of the ruling elites to exploit the people. When a significant part of a people is negatively affected by the weakness of the state, statism arises.

If one diligently studies history, he will see that far more often than not racism, nazism and statism arose in the process of reaction. So if neoconservatives like Fleming are truly concerned about racism, nazism and statism below is the list of policies they may consider:

1. Stop illegal immigration, reduce legal immigration, encourage immigrants of non-European races already in the country to repatriate, and stop foreign wars to limit interracial conflict.

2. End affirmative actions of any kind and reaffirm protection of European and Southern heritage of the people to limit ethnic conflict.

3. Stop the unconstitutional transfer of powers to international bodies, repeal the unconstitutional federal programs enacted after 1913 and restore respective constitutional powers to the states, local communities and the people.

Incidentally, those are policies, advocated by modern republicans sometimes called paleoconservatives, for which they are criticized in shameful and disgusting manner by the neoconservatives like Fleming. Thus I have nothing but contempt for neoconservatives like Fleming: according to the old saying he has got a mind that failed, failed the simple test of intellectual honesty and decency.

The recent mini-rally of the market lacked any economic fundamentals and market decline resumed today, continuing the long process of correction that is ahead of us. Presently, it is becoming possible to evaluate the intrinsic value of the stocks as the changed state of the economy can be again assessed with sufficient certainty. Next time – the analysis of the DJIA with its likely trends according to estimated scenarios of the state of the economy.

http://www.scroogle.org/gifs/anglo2.gif
Regretfully, the case of Kevin Strom demonstrates the sad dilemma White Nationalists face. On the one hand few competent people are at present willing to openly join the White Nationalist Cause, and those who join rarely possess advanced education and/or experience, especially technical. On the other hand, those few competent people that join sometimes have character issues that had to be overlooked because their contributions are essential to the Cause.

I think Dr. Pierce may have suspected the tendencies Mr. Strom has unfortunately demonstrated, or, more likely, felt weakness in Mr. Strom's character. That was the likely reason for Dr. Pierce's refusal to establish Mr. Strom as his successor. However, Strom's contributions were useful, and so he remained in the Alliance. Fuhrer, facing similar dilemma, used a clever pervert, rem, to achieve the Movement's ends, than, when success was achieved, got rid of him. I think so Dr. Pierce would have done in similar consequences.

My solution to the dilemma is to recruit the youth. The best way to learn something is to do it, so getting the ideologically prepared, although less competent young patriots is a better way than recruiting technically competent albeit agnostic individuals, especially when the young patriots can immediately be put to tasks where they can learn. If however a weak individual shall be needed, he may well need the guidance of a strong Leader to insure that his weakness does not harm the Movement as a whole.

KEVIN ALFRED STROM
- - Writings and Resources
http://www.kevinalfredstrom.com/

http://www.google.com/search?q=%22palatine+creator%22+%22contain+my+glee%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
http://www.gearforliberty.com/image/g4l_thumb_minuteman.gif