The Great Default

I stole this lock, stock, and barrel from Gary North. I wanted to copy it because I agree with what he is saying. The feddle gummint will default and then Americans might realize that Washington is not the savior and can't even deliver the mail.

At that point, I believe that there will be a return of much of the power that has been consciously concentrated in Washington over the last 200 years. This will be good for liberty and freedom.

Americans still think the federal government can and should solve problems. This is their default mode. At the same time, they do not think Washington is competent. This is what is sometimes called cognitive dissonance.
Lack of trust is across the boards: in the presidency, Congress, and the Supreme Court. Here are the latest findings.

Americans’ confidence in all three branches of government is at or near record lows, according to a major survey that has measured attitudes on the subject for 40 years.
The 2014 General Social Survey finds only 23 percent of Americans have a great deal of confidence in the Supreme Court, 11 percent in the executive branch and 5 percent in Congress.

As long as the checks keep coming, Americans will grin and bear it. When the checks bounce, the game will be over.

The checks will eventually bounce. The Federal Government has unfunded liabilities of $210 trillion. There will be a Great Default.

The great thing about the Great Default will be this: there will be a cacophony of analyses and solutions offered. The politicians will look like the Keystone Kops. There will be great confusion.

At that point, those of us who have warned that the free market will triumph over Keynesian economic planning will get a hearing. Establishment Keynesianism’s control in the media over what constitutes the acceptable limits of discussion will be blown apart.

Problem: if the Republicans win the presidency in 2016 before recession hits, it will hit on their watch. The Democrats will have a field day in 2020. “We told you so!” They will give us another round of statism. But it won’t work.

The political oligopoly will fail. Council on Foreign Relations Team A will be as impotent in solving the economic crisis as Council on Foreign Relations Team B

Obamacare Oligopoly

Sometimes a writer comes along that is able to summarize an issue in a single sentence with such clarity that it dispenses with hours of talking heads. Gary North is one of those people.  Here is what he says about health care.

The biggest problem with healing today is that the health-care field is an oligopoly. The state controls patient access, prices, and practitioners' training. This either keeps prices higher than [they] need to be or else it leads to rationing by standing in line. Sometimes, it does both: the rich buy services outside of the subsidized system, paying more, while the less rich line up inside the system.

The "state" is the feddle gummint and the state governments.  They have systematically created the oligopoly over the last 100 years.  Each time they fix "it", the system gets worse for patients.

Obamacare is just another intervention into the healthcare market; albeit a major bad one.

Perhaps one day we might actually try the free market?

PS. The Rockefellers had a lot to do with the early "fixes" to healthcare, which is one of the reasons for my disdain for them.

Kirk Sorensen Will Be Talking About Liquid Thorium Reactors at the U!

Kirk Sorensen will be presenting a lecture on LFTR technology at the University of Utah on Tuesday, January 13th at 2pm local time. Interested parties are invited to attend.
Intermountain Network and Scientific Computation Center (INSCC) at the University of Utah, 155 South 1452 East – Salt Lake City, UT 84112

New Years Resolutions for Congress

The following is a weekly column by Ron Paul.  You can see the original here.

These seem like reasonable suggestions to me.

Since New Year’s is traditionally a time for resolutions, and since the new Congress convenes this week, I thought I would suggest some New Year’s resolutions for Congress:

1) Bring the troops home — Congress should take the first, and most important, step toward ending our hyper-interventionist foreign policy by bringing our troops home and closing all overseas military facilities. The American people can no longer afford to bear the cost of empire.

2) Pass the Audit the Fed bill — The American people deserve to know the entire truth about how the Federal Reserve’s monetary policy benefits big-spending politicians and financial elites while harming average Americans.

3) Repeal the PATRIOT Act and rein in the National Security Agency — It is approaching two years since Edward Snowden revealed the extent of the NSA’s unconstitutional spying. Yet Congress still refuses to put a leash on the surveillance state. Congress should take the first step toward restoring respect for the Fourth Amendment by allowing Section 215 of the PATRIOT Act to expire.

4) Shut down the Transportation Security Administration — Treating all American air travelers as criminal suspects and subjecting them to intrusive and humiliating searches does nothing to enhance our security. Congress should shut down TSA and return responsibility for airline security to the airlines. Private businesses can effectively protect their customers and employees if the government gets out of the way.

5) End all corporate welfare — Federal programs that provide subsidies or other special benefits to politically-connected businesses cause economic inequality, distort the market, and waste taxpayer money. It also makes political and moral sense to cut welfare for the rich before cutting welfare for the poor. Congress should start dismantling the corporate welfare state by killing the Export-Import Bank and the Overseas Private Investment Corporation. Congress should also reject legislation proposed to benefit one industry or individual, such as Sheldon Adelson’s Internet gambling ban.

6) Repeal and Replace Obamacare — Many Americans are losing their insurance while others are facing increasing health care costs because of Obamacare. Repealing Obamacare is only a first step. Congress should both repeal all federal policies that distort the health care market and restore a true free market in health care.

7) End police militarization — The killing of Michael Brown in Ferguson, Missouri in August brought the issue of police militarization to the center of national debate. Congress must end all federal programs that provide military equipment to local police forces.

8) Shut down the Department of Education — It is no coincidence that education in America has declined as federal control over education has increased. Congress should de-fund all federal education programs and return control over education to local communities and parents.

9) Allow individuals to opt out — A positive step toward restoring a free society would be allowing individuals to opt out of Obamacare and other federal mandates. Young people should also be granted the ability to opt out of paying Social Security and Medicare taxes in exchange for agreeing to never accept Social Security and Medicare benefits.

10) Allow state governments to opt out — If Congress lacks the votes to end the war on drugs, repeal Obamacare, or roll back other unconstitutional federal programs, it should at least respect the rights of states to set their own policies in these areas. Federal prohibition of state laws nullifying Obamacare or legalizing marijuana turns the Tenth Amendment upside down.

By adopting these resolutions, Congress can make 2015 the year America begins reversing the long, slow slide toward authoritarianism, empire, national bankruptcy, and economic decline.

Copyright © 2014 by RonPaul Institute. Permission to reprint in whole or in part is gladly granted, provided full credit and a live link are given.

Band of Brothers 2

I have been looking for a particular editorial in FLYING magazine for years.  I read it back in 1999, since I subscribed to the magazine, but then I couldn't locate it again when I wanted it - until now, thanks to Google books.

I have blogged about the deficiencies of the entire prostate screening regime and here is another voice confirming the same, from a doctor who treats prostate cancer.

(I snipped the editorial with two pics that were split across 2 pages.)

The last sentence sums up Dr. Garner's position, "I would not submit to a PSA test; if elevated, I would not get a biopsy; if positive, I would not seek treatment".

Notice that he had plans to buy a new Beechcraft, I am assuming a Bonanza, that costs at least half a million dollars new.

Brothers, you have been warned.

Band of Brothers

Band of Brothers

We men need to stick together. We need to watch out for each other. This is the second time that I have addressed the topic of prostate cancer screening. Just say NO!

Let me set the stage by enumerating some fundamental truths:

1. You are mortal. That means that you will die one day

2. Make peace with your Maker now so you are ready when that day comes.

3. “Nearly every man will have carcinoma in situ by age eighty, and probably most in midlife” Nortin M. Hadler, M.D., Worried Sick, pg. 102

4. Very few men will die of prostate cancer

5. The prostate specific antigen (PSA) test is a poor test (many false positives and false negatives). So also, is the digital rectal exam.

6. A high PSA test will lead to a biopsy of the prostate. (Read here for a description of the process – not pleasant!)

7. If the biopsy comes back positive, the doctor will recommend prostate surgery.

8. “no one should think that (prostate) surgery will increase his time on this earth; it will only change the likelihood of the mode of demise” Nortin M. Hadler, M.D., Worried Sick, pg. 99

9. There is a good chance (15%) that you will be incontinent and impotent after the surgery.

10. Your life will suck

11. You will thank me later for telling you to avoid the entire screening modality

It is well worth your time to read the entire nine pages (on Amazon) of the “Beleaguered Prostate” chapter in Nortin Hadler’s book, Worried Sick.

Then, you will be armed with the facts regarding how much the medical industry has been marketing to you and not to your benefit.

You're welcome.

The Bureau of Large Mistakes

The Bureau of Large Mistakes (BLM)

I grew up in the Western United States, where the feddle gummint owns most of the land. For example in Nevada, the Feds own 76% of the state, while in Utah the number is 70%. Not all of that is controlled by the Bureau of Land Management (or as I remember hearing in my youth, the Bureau of Large Mistakes), but 29.9 million acres in Utah and 48.0 million acres in Nevada are “administered” by them.

Is the BLM a good steward of the land?  I don’t think so.  It seems like it mostly preserves the land from year to year for annual wildfires.

Also, do I need to mention the farce that is statehood for these Western States when the Feds have never relinquished control of so much land within their boundaries?  Can you imagine New York if the Feds owned 70% of it?  Or any other Eastern state for that matter?  We are not on equal footing as states under such conditions.

Before I propose my idea, I want to remind myself that you can’t fight something with nothing. So, I am not fighting something (the BLM) with nothing. I am fighting something (the BLM) with a better idea. 

Here is my controversial proposal and idea, a two sentence law that Congress (or Barry) could actually read and understand in just a few seconds:

It is hereby enacted into law that all BLM lands within the boundaries of the US revert to the counties in which they are located as of January 1^st, 2015 at 12:01 AM. The BLM is hereby abolished.

This idea would decentralize the control over a substantial portion of the continent.  Can you imagine the human flourishing that would accompany such a simple law?  County government would decide what to do with the land and I am sure that voters would have a great interest in helping commissioners make those decisions.  The voters would have to give up their morbid fascination with Washington politics and get involved locally, like I believe the Founders intended.

Ideas are dangerous, especially to those inside the 10 square miles on the Potomac.