From the Summit of the Moral High Ground

The Liberty Movement has arrived in Jersey, with the assistance of Molly Wong, a member of the Advocates for Self Government we are hoping to use the tools and techniques of the US Liberty movement to spread the message here. Visit and like us now at https://www.facebook.com/JerseyLiberty for updates on your facebook timeline.

It is nothing at all new for a nation to defy the only basic economic principle that allows for ever increasing wealth benefiting all layers of society. That economic principle is Liberty. Many observers of the US economy have come to the realization there are now few truly free markets left within 21st Century Western capitalism. It seems all investments today are controlled to unfair advantage in some large way by the governments and financial firms operating the markets, especially the market in money itself. The newly-invented powers of the central banks to buy anything, to fund any bailout, can reach into any area of the economy, either to grant large favors or to inflict great pain, typically with the cooperation of the too-big-to-jail banks that own the Federal Reserve and its policies. The precious metals market is a good example of the Fed and its henchmen inflicting pain. The Western paper gold market has been the long-used tool of Leviathan to bludgeon the world’s on...

A better logo for the Social Security Department? 1) I personally have refused to pay Social Security for many years now. Assuming for one moment that it is in fact a savings scheme and not a tax, I am 42 years old and they have told me that the pot will be empty by 2030 when I will be 58. So why pay in when you will get nothing out? It seems much more sensible to make your own provisions for old age rather than pay in to an investment which will see no return on. I can hardly claim I was an innocent victim of a Ponzi Fraud which social security has all but one of the elements of, when they have advised me in advance that I am unlikely to see a return on my investment. 2) I refuse to employ people as 'employment' is defined under the social security and employment laws - any contractual relationship I have is a contract for services where I am the customer rather than a contract of service where anyone is compelled to do as I say or pay anything to the government. This i...

The United States is fast racking up characteristics of a Third World nation. Its finances are Third World. Its president is Third World. Its banking integrity is Third World. Its absent industry is Third World. Its decaying cities are Third World. It urgently begs for a Third World currency, but that is soon to be remedied. The nation has been a freeloader on the global reserve currency for too long. That is about to end. For the last three years, the United States has been living in a fairy tale with bailouts from the vast bond monetization. The Quantitative Easing with its amplified bond purchases and hidden channels to disguise higher volumes has been operating as an historically unprecedented Wall Street bailout and Fannie Mae fraud recycle room. Pressures are building. The USDollar held in foreign jurisdictions is beyond the legal authority of the USGovt, which cannot continue covering its debts with inflation spew in the grandest heretic experiment in history. The solution...

"Phantom economies tend to give rise to grey and black markets in proportion to the deviance of the phantom economy from reality." College graduates around the world are discovering that getting a university diploma no longer guarantees the conventional success story of a secure job and a life of ever-rising consumption. Doing all the things that the Status Quo said would lead to success no longer yields success, for the simple reason that the Status Quo is failing on a structural/systemic level. The system is rigged to protect the Status Quo mafia from competition. As noted in The Mafia State of Mind (February 6, 2014), the Status Quo is a set of overlapping monopolies/extortion rackets. The system needs a trickle of new technocrats and apparatchiks to manage the rackets, but there is no place for the tens of millions of college graduates who are flooding into the job market every year around the world. New conventional enterprises face essentially impossible barriers: sky...

Once the mafia state of mind has seeped into every nook and cranny of the society and economy, it's not even recognized as corruption: it's simply the way the system works. We recently spent a few days with a friend who was born and raised in Sicily who now lives elsewhere in Europe with his wife (also Italian, from Naples). Though we talked of many things, one of his comments struck me like a bolt of lightning. The Mafia isn't about shoot-outs, he said; the mafia is a state of mind. He then pointed to a city trash collection truck driving by. Those guys are mafia. I should stipulate that our friends are left-liberal in their views, and deeply concerned about the direction of free enterprise, democracy and social equality in Europe. He did not make these comments as a joke but with the utmost seriousness. Why are the union sanitation workers a mafia? Because they have the leverage (via strikes) to extract and extort what they want from a populace who earns less than they ...