Archive for the ‘Austerity’ Category

Bring Euro Down, Save Germany’s Soul

August 29, 2014

Another day, another sneak remark of Krugman against the Euro which mars an otherwise well thought of train of ideas. However, our student the dear professor is learning. He just made an excellent editorial “The Fall of France” about which I commented, and that was published (whereas the Times censored my observations about Putin’s naked aggression in Ukraine: comparisons with Hitler, however scholastic, are not welcome!). More on this later.

Krugman’s tendency to fall into Euro bashing prevents him to see the (obvious) solution. Let alone mention it. The solution lays for all to see in history, when the Euro solved the German problem for the best:

History As A Sum Of Solutions

History As A Sum Of Solutions

Question: what did I exactly mean? See below, for those who do not see the blatant answer in the violent graph above. Here is part of Krugman’s “Germany’s Sin”.

“Simon Wren-Lewis has two very good posts about the European situation, first laying out the problem, then taking on those who don’t get it. I just want to add a bit to one of his key points: the impossibility of a resolution unless Germany accepts higher inflation.

In Germany, there’s a strong tendency to moralize, with appeals to the country’s own recent economic history. We pulled ourselves out of our late 90s doldrums, the Germans say, so why can’t Southern Europe do the same?

But a key part of the answer is that Southern Europe now faces a much less favorable environment than Germany did then — and Germany is the reason why.”

For a full decade, eurozone inflation was 2 percent, while inflation in Southern Europe was considerably higher. Germany could gain competitiveness simply by having low inflation — no need to deflate. But these days German inflation is only one percent, French inflation close to zero percent. Thus eurozone inflation is no more than one percent. Gaining competitiveness means that Southern Europe should deflate.

And Krugman to conclude:

…”deflation worsens the debt burden. Add onto this the fact that the eurozone as a whole remains depressed thanks to fiscal austerity and inadequate monetary expansion, and Germany is in effect demanding that Spain and others accomplish a task vastly harder than the Germans themselves had to achieve. 

And the worst of it is that there’s no sign that Berlin understands, or is willing to understand, this reality. And if the euro fails, that refusal to think clearly will be the fundamental cause.”

Right. And also wrong. “If the euro fails” is not really a possibility. It would cost so dearly, to so many people, that it would be akin to war, and Europeans have learned a few things that way. A lot of milder drastic changes can be effected before coming to blows.

Notice an obvious help Germany had when it was the sick economy of Europe: a Euro which was 40% lower. It’s curious, but no accident, that Krugman fails to notice this.

Bringing the euro to 83 dollar cents has happened before, and was there to help Germany, then. The good professor should mention this more. That would help the German miscreants to remember the past better. (Of course, the Euro at 83 Dollar cents would be a disaster for the USA, hence Krugman’s failure to notice the obvious!)

Instead, to brandish the “failure” of a currency directly used by so many people is not serious. More than 50 countries and 530 million people use the Euro (counting both the 340 million of the Eurozone, plus nearly 200 million pegged to the Euro, and unilateral users).

Even if the euro disintegrated, the nasty mood of some in Germany would not just persist, but prosper further. Ultimately that bad mood has to be crushed at close quarters.

Germany has become the world’s greatest produced of lignite, the dirtiest coal. It’s high time for some serious German bashing. Just slamming the door is not enough: historically Germans understand barking best (as Nietzsche may have said).

Bringing the euro down would help the suffering European countries a lot. Let’s remind the Germans of this. Remind them of their own past, and other previous pasts: German currency manipulations to gain advantage go all the way back to the early 1920s (thanks to Dr. Schacht, head of the central bank, and later one of Hitler’s main promoter!)

Bringing the euro 35% down: that would be a triumph, a real euro success. (That would just put the Euro where it’s supposed to be, in long term parity with

Hating the Euro is hating Europe. This being said, differently from the Federal Reserve Bank of the USA’s mandate, the ECB’s mandate makes the “value of the currency” the “principal object” of its activities (that’s article 127 of the European Constitution). By contrast the Fed has a DOUBLE mandate: insuring the value, and optimizing economic activity.

I had a fight with a French economist when I pointed out the flaw of the ECB mandate. She told me: ”No, the ECB’s mandate is like the Fed’s!”. Her own son, himself a high flying interest rate analyst in London, agreed with me. She erupted: “I have taught these things, for years!”. She brandished books. I told her to look it up in the Internet.

Article 127(1) of the Treaty defines the primary objective of the Eurosystem:

“The primary objective of the European System of Central Banks […] shall be to maintain price stability”.

Article 127 continues as follows: “Without prejudice to the objective of price stability, the ESCB shall support the general economic policies in the Union with a view to contributing to the achievement of the objectives of the Union as laid down in Article 3 of the Treaty on European Union.”

Even as my friend, aghast, looked at the screen, and read those words, she could not understand what they meant. yet, it’s simple: it meant the destruction of the European economy.

Why? Because “price stability” is unsustainable, just as a plane cannot fly at ground level. In economics, the ground is zero percent inflation. Right now it’s only .3% in the Eurozone. For why inflation too close to zero is a disaster, see “Inflation Good, Stagnation Bad” or the older: “4% inflation best”.

We are led by imbeciles. Some are politicians, some are bankers, some are economists, some teach what they call economics, or politics. Many are greedy, and profiting from the stupidity they advocate.

Who gave them their drivers’ license? The license to drive entire economies, and even the biosphere, into the ground, while insulting common sense, let alone common science? Yesterday’s oligarchies?

Patrice Ayme’

Will To Destruction

July 4, 2014

The West rots in a crazy political crisis propelled by carefully engineered ignorance, misunderstanding and herd like behavior. It has drastic economic, social, and even ecological consequences. None of this is an accident. Instead, it’s the expression of a will. And no, it’s not just a Will To Power, as Napoleon and Nietzsche would have it, in their simplicity, and general lack of cynicism.

Before taking flight above the morass of commonality, let’s roll out Krugman in “Build We Won’t” (07/ 3/ 2014):

“You often find people talking about our economic difficulties as if they were complicated and mysterious, with no obvious solution. As the economist Dean Baker recently pointed out, nothing could be further from the truth. The basic story of what went wrong is, in fact, almost absurdly simple: We had an immense housing bubble, and, when the bubble burst, it left a huge hole in spending. Everything else is footnotes.

From Obama To O Blah Blah

From Obama To O Blah Blah

Krugman pursue, playing naïve: “And the appropriate policy response was simple, too: Fill that hole in demand… In prosperous times, public spending on roads, bridges and so on competes with the private sector for resources. Since 2008, however, our economy has been awash in unemployed workers (especially construction workers) and capital with no place to go (which is why government borrowing costs are at historic lows). Putting those idle resources to work building useful stuff should have been a no-brainer.

But what actually happened was exactly the opposite: an unprecedented plunge in infrastructure spending. Adjusted for inflation and population growth, public expenditures on construction have fallen more than 20 percent since early 2008…an almost surreally awful wrong turn…

And it’s about to get even worse.”

Krugman explains that public spending is evil, because that would increase the deficit. Deficits are evil, when there’s a Democratic government that can borrow at incredibly low interest rates. We can’t raise gas taxes: that would be a tax increase, and tax increases are even more evil than deficits. So public infrastructure can decay.

Krugman does not know if this is politics or madness: “If this sounds crazy, that’s because it is… The collapse of public investment was, therefore, a political choice… how self-destructive that political choice has become. It’s one thing to block green investment, or high-speed rail, or even school construction… But everyone… thinks we need good roads. Yet the combination of anti-tax ideology and deficit… means that we’re letting our highways, and our future, erode away.”

In simple terms:

Trillions of dollars are sitting idle, a huge amount of work needs to be done, around 40% of the working age cohort is not employed. Crazy? Not at all. It’s the logic of the plutocratic phenomenon. Gut the People. We have seen this before, when the Roman empire entered its terminal decay (which took more than two centuries).

Here is my explanation:

Public investments are those made for the common good, because they are too large, or too much about public property, or too unprofitable, short term (fundamental research in science and philosophy).

No capitalist can buy the air, for example. The air is a public good. No private individual ought to be allowed to possess the atmosphere. Thus it’s public investment that has to take care of the air.

And so on.

Of course, civilization has decided that what is the most precious: free will, freedom, life, cannot be owned any more. They used to be, at occasional, crazy points of history, never sustainable: in this country, nearly four centuries ago, slavery was reintroduced, and human beings, and their children could be owned, and abused (the slave trade was unlawful in the Empire of the Franks since 655 CE, in the Seventh Century, the great conceptual, and technical break with Greco-Roman Antiquity).

As the most precious cannot be owned, and traded privately, they can only be taken care of publicly. By cutting down on public investments, the powers that be have decided that what was the most precious was not worth investing into.

So the economy, society, and civilization itself go down.

You may wonder: what usage are the powers that be pursuing, by smothering the most precious values? Are they not suffering too? Well, by making ever more life into a living hell, the plutocrats who lead our politicians feel ever more at home.

Who needs roads, or trains, when one can private jet around? This is exactly the reasoning that was made when plutocrats destroyed the tax base of the Roman Empire: plutocrats did not need roads, they could live in their villas. They did not even need a public army: they had their own private armies. Nor did they need public schools, they had private schooling. It is the same now!

What drives this Will To Destruction?

Something deep in the genus Homo. The Will of Homo To Destroy… Homo.

This is what the plutocratic phenomenon taps into, that Will To Destruction. It is its reason of being.

Patrice Ayme

Pluto’s Prostitutes

February 2, 2014

At this delicate point, the rise of plutocracy is all about the details of its implementation. Once plutocracy has grown enough, it will be fully arrogant and call itself loudly an aristocracy (“rule of the best”).

Already in the USA, plutocrats say that they need more money and should pay less taxes, because they are the best, and ought to be rewarded, because they are the best. Topologically the argument is close to defending the notion of aristocracy, it establishes a mood conducive to aristocracy.

Plutocrats do not say loudly, yet, that they ought to rule. Instead, more humbly, they content themselves with ruling through their agents (most of them multimillionaires).

Naked Slave To Plutocracy

Naked Slave To Plutocracy

[Adapted by Karine Percheron-Daniels from the Portrait D’Une Negresse, by Marie-Guilhelmine Benoist 1800, Louvre, Paris.]

Can you point to me what part of the Constitution of the USA created a “First” person? Right. Rome’s Octavian, called himself “Princeps” (“First”) informally introducing the notion. But he has been dead nearly 2,000 years.

The New York Times explains how Congressional aides turned lobbyists evade a law saying they have to wait a year, if they earned a bit more than $130,000. They just have non-governmental organizations, or individuals (such as their own Congressman!) paying their incomes over 130 K.

Says the New York Times:

“A top aide to a Republican congressman from Arizona helped promote a legislative plan to overhaul the nation’s home mortgage finance system. Weeks after leaving his government job, he reappeared on Capitol Hill, now as a lobbyist for a company poised to capitalize on the plan.

A former counsel to Democrats on the House Financial Services Committee left Capitol Hill a year ago. He, too, returned to the Hill just months later, lobbying committee aides on behalf of Wall Street giants like JPMorgan Chase and Bloomberg L.P.

And the chief of staff for the Republican chairman of the House Financial Services Committee left his government salary behind in January 2012. Yet for months afterward, he continued to manage his boss’s re-election campaign, even while serving as a lobbyist for financial industry clients.

The experiences of the three Capitol Hill aides-turned-lobbyists — traced through interviews with political operatives and a review of public records — illustrate in new detail the gaping holes in rules governing Washington’s revolving door.

Federal ethics rules are intended to limit lobbying by former senior officials within one year after they leave the government. Yet even after the ethics rules were revised in 2007 following a lobbying scandal, more than 1,650 congressional aides have registered to lobby within a year of leaving Capitol Hill…

[these aides go] from government pay to six- and seven-figure private sector salaries.

In the three cases identified by The Times, the interviews and records suggest, the former House staff members did not violate the rules but rather seized on loopholes to lobby within one year.”

Seven figures means those aides earn more than one million dollar a year.

Loopholes everywhere, to serve the hyper rich and their plutocratic corporations. The largest loophole being the 90,000 pages Obama tax code (and growing!). (It was “only” 16,000 pages in 2006 under Bush, when democrats took control of Congress. Meaning that most of the growth in loopholes was accomplished by democrats.)

Plutocracy is strong, and smart, We the People are dumb, and weak. Thus the Greater Depression will go on, as ever more money is deflected to those who have nearly all the power, giving them ever more power to infuse the entire mood of civilization with the poisonous atmosphere they secrete as the lethal critters they are.

On Thursday, the first lady attended two Democratic National Committee fundraising events in San Francisco, a roundtable at a restaurant in Jackson Square and a reception in the Financial District. Closed events, plutocrats only.

The First Lady attended the Democratic Congressional Campaign Committee (DCCC) Women’s Lunch and VIP reception around 11:30 a.m. on the second day of her fundraising trip to San Francisco.

A small group of protesters gathered outside San Francisco’s Fairmont hotel late Friday morning as First Lady Michelle Obama joined lesser lady House Minority Leader Nancy Pelosi for a Democratic fundraising event. Pelosi is a second generation politician (her dad was mayor of Philadelphia).

Health care activist Joan Intrator, 86, a low lady of San Francisco, said she was sending the message to the First Lady and Commander In Chief Obama that there should be access to Medicare for all Americans.

A lone Occupy San Francisco organizer passed fliers against the Trans-Pacific Partnership, a fast track trade agreement between a grand total of 36 officials from12 countries including the U.S., Japan, and Mexico, and more than 600 representatives of plutocratic corporations. 36 representatives of the Peoples, versus 600 Plutos: fair enough.

The downtown march from Secondary Lady Pelosi’s San Francisco office to Third Rated Lady Sen. Dianne Feinstein’s happened at 4:30 p.m. The crowd was boosted by a few gulls.

Friday morning’s DCCC event was sold out. According to the DCCC’s website, tickets cost from $500 to $32,400 per adulating and most grateful plutocrat. $32,400, that’s more than half of the median family income in the USA.

Just before 12:30 p.m., First Lady Obama’s motorcade crossed Market Street at Eighth Street on the way to the airport.

If Americans don’t get the message that the USA is ruled by an aristocracy, they are really dense. As far as plutocrats are concerned, the denser We The People, the better.

Not seeing what Michelle Obama is doing, selling her charms and influence, is an occasion to learn to become even dumber than before. But did not Obama propose to raise the minimum salary by 15% for a few thousand people, sometimes in the future? Will whine those who are stupid enough.

Yes. But why did Obama not propose to triple the minimum wage for everybody when he could, five years ago? That would have brought it to the old level (in constant dollars). Because Obama the Real has nothing to do with Obama the Charmer. They are antipodal.

Just as Obamacare is nearly antipodal to universal healthcare.

Prostitutes get motorcades, plotters make millions for all to see. And We The People is getting habituated to the increasing corruption. Progress, totally, from the point of view of the Demoncratic party.  Yet, queens and corruptocrats have no place in a Republic.

But how to make the rabble understand this, in a country where supermen are steroid laden brutes whose loftiest ideal is to bang into each other’s brains at full speed, until they get neurodegenerative encephalopathy? While stuffing themselves with “superbowls”? First the brains get turned off, by First Persons, and other prostitutes, then the Republic will also suffer neurodegenerative encephalopathy. The fact People love that symbolically is no good omen.

Patrice Ayme’

Scandalously Socialist France

January 17, 2014

Abstract: Dissecting an editorial misrepresenting the social, economic and political situation in France. However, the heavy misrepresentation is preceded by many things I said for years. It’s a sort of bait and switch with truth itself.

What’s the interest could big bankers find in this maneuver? Simply that the socialists governing France are represented as having given up on socialism. The truth is anything but.

Those who prefer to read me rather than Krugman can jump to the second part, “THE TRUTH”.

***

Pseudo panicky New York Times editorial by Paul Krugman “Scandal In France”. Yet it starts well:

I haven’t paid much attention to François Hollande, the president of France, since it became clear that he wasn’t going to break with Europe’s destructive, austerity-minded policy orthodoxy. But now he has done something truly scandalous.

I am not, of course, talking about his alleged affair with an actress, which, even if true, is neither surprising (hey, it’s France) nor disturbing.”

(In truth Hollande’s First Girlfriend, an arrogant woman… from a banking family, had her trouble coming: she, a star political journalist who made a career on her looks, pursued Segolene Royal, with whom Hollande had four children, with great vengeance and treachery, sabotaging even her political carreer, for all to see; Hollande’s family came to detest her; unsurprisingly, and hopefully, Hollande will send her packing.)

Krugman: ”No, what’s shocking is his embrace of discredited right-wing economic doctrines. It’s a reminder that Europe’s ongoing economic woes can’t be attributed solely to the bad ideas of the right. Yes, callous, wrongheaded conservatives have been driving policy, but they have been abetted and enabled by spineless, muddleheaded politicians on the moderate left.”

This is what I have been saying about Pelosi and Obama, for years. In Germany, Schroeder, a Socialist, carefully made the bed in which Merkel has been contently sleeping since. Yet, one can argue the tough reforms of Schroeder enabled Merkel herself to take a hard left turn in 2008… which boosted the German export machine.

Here is more Krugman repeating, almost verbatim, what I have been saying for years:

“Right now, Europe seems to be emerging from its double-dip recession and growing a bit. But this slight uptick follows years of disastrous performance. How disastrous? Consider: By 1936, seven years into the Great Depression, much of Europe was growing rapidly, with real G.D.P. per capita steadily reaching new highs. By contrast, European real G.D.P. per capita today is still well below its 2007 peak — and rising slowly at best.

Doing worse than you did in the Great Depression is, one might say, a remarkable achievement. How did the Europeans pull it off? Well, in the 1930s most European countries eventually abandoned economic orthodoxy: They went off the gold standard; they stopped trying to balance their budgets; and some of them began large military buildups that had the side effect of providing economic stimulus. The result was a strong recovery from 1933 onward.”

In this depressed and depressing landscape, France isn’t an especially bad performer. Obviously it has lagged behind Germany, which has been buoyed by its formidable export sector. But French performance has been better than that of most other European nations. And I’m not just talking about the debt-crisis countries. French growth has outpaced that of such pillars of orthodoxy as Finland and the Netherlands…

Mr. Hollande has spoken up about his plans to change France’s course — and it’s hard not to feel a sense of despair.

For Mr. Hollande, in announcing his intention to reduce taxes on businesses while cutting (unspecified) spending to offset the cost, declared, “It is upon supply that we need to act,” and he further declared that “supply actually creates demand.

Oh, boy. That echoes, almost verbatim, the long-debunked fallacy known as Say’s Law — the claim that overall shortfalls in demand can’t happen, because people have to spend their income on something… ”

All the evidence says that France is awash in productive resources, both labor and capital, that are sitting idle because demand is inadequate. For proof, one need only look at inflation, which is sliding fast. Indeed, both France and Europe as a whole are getting dangerously close to Japan-style deflation.

So what’s the significance of the fact that, at this of all times, Mr. Hollande has adopted this discredited doctrine?”

All right. End of the Krugman circus. I understand that he may mean well. But he so enormously misrepresents the situation in France, that he is not doing a service to progressivism in the USA. Now for a bit of real data.

***

THE TRUTH: FRANCE IS SOCIALIST, BUT IS NOT GOING TO ATTACK THE USA:

General government spending in France is 57% of GDP. Only Denmark exceeds 55% in Europe. (The USA is at 39% of GDP, Federal government spending plus States plus Local Governments; it’s 37% in Japan.)

France has both a very centralized state and a government made of 15 “regions”. In consequence, France has several times the number of civil servants of some other European countries (relatively speaking). The USA has less than 20 million civil servants, France nearly seven millions.

French workers are paid nearly 50 dollars an hour (more than Germany). French minimum wage is more than 13 dollars per hour. Schooling, all the way to universities is free. Health care is free and universal.

So Mr. Hollande can go as much right as he wants, the French Republic is going to stay socialist by inertia, for a very long time to come.

Some of the measures proposed by Hollande are just about doing away with some department, to create more… local government. For example the city of Lyon will grow, at the expense of the department it lays in. There is talk to remove the 4 departments that dissect the city of Paris.

True, Hollande is not rabidly anti-plutocratic. But he is not going to declare war to Washington and Wall Street. All Americans are behind those, or nearly so.

Thus Hollande will stick to the 75% tax on income above one million euros that was introduced a few weeks ago.

France is, by USA standards, the very definition of a socialist country. But, without fighting the American Circus, little can be done against global plutocracy. The USA pretty much behaves like a Den of Thieves. Look at the F35 program, the most expensive military program in the history of the world, by far. It has dragged many countries into a most dangerous corruption.

Similarly, what can France and Germany do against the increasingly crazed surveillance state of the USA? Attack? Or talk slowly, and try to walk the patient through his derangement? It starts with getting to know reality. And reality is that Europe is physically small and civilizationally socialist, whereas the USA is physically huge, and thus relentlessly exploitative.

Last, but not least, the honorable professor Krugman does not explain how the mad spending of the 1930s ended. First France did not join it. Second Germany got broke down economically very quickly (by 1938), albeit “solved” the problem… with the “final solution” (stealing Jews and other Europeans).

Great Britain made the economy of an army, thus losing in 1940, but in the end did not escape expensive debts to the USA, that ruined the UK thereafter. The USA won, because all the spending, and a timely late, cheap intervention in the war, allowed it to win, and grab the world.

The only lesson? Keep cool, and try to understand what is really going on.

Patrice Ayme’

Worse Than The 1930s

December 15, 2013

GREATER DEPRESSION II.

I have long argued that we are in a Greater Depression. See: https://patriceayme.wordpress.com/2011/07/23/greater-depression/

Europe is actually doing worse, GDP-wise, in the aftermath of the 2007 crisis than it did in the Great Depression shock of 1931. Actually these are the early stages of the greatest catastrophe ever known to have struck the genus Homo, I claim, and will so develop, lest drastically new thinking is applied. Krugman is slowly coming on board.

In the 1930s, the word “plutocrat” was well known, & an object of contempt. In the early 1930s, revolution was simmering; the governments had to do something. The USA & UK went into full, Soviet-like, command & control economy to rearm. FDR launched a program of construction of no less than 24 giant (“fleet“) aircraft carriers in 1933!

In “If Only It Were the 1930s” Krugman shows the latest graph of relevant GDPs.

Worse Than 1930s Great Depression

Worse Than 1930s Great Depression

[Germany, UK and USA were not in the Gold Bloc, but applied pretty much the Sterling method: default. France refused to default thus kick back on her armament program… When war against Hitler was already in full swing (1939-1940)]

Says Krugman:  the UK actually had a substantially higher ratio in the 1930s— and even more so after World War II. How did it deal with this debt? Not through the recipe currently being imposed in Europe, of fiscal austerity and internal devaluation. Instead, the UK relied on a cheap-money policy that produced low interest rates and moderate inflation — “financial repression” — with the central bank “subservient” not just to the government, but to government debt-management policies.

Amusingly, but tellingly, Krugman forgets to mention that the USA devalued in 1933 (devalued its debt, that is). That’s one of the first things Roosevelt did, hence the hatred of bankers.

Nowadays, erroneous policies boil down to who owns the world. The world has been colonized by the plutocrats. To service them, they impose slavery on all.

Little economists paid for sleek plutophile propaganda form a crucial, well rewarded, part of the scheme.

(Otto Rehn, by the way is thinking to run as a major extreme right wing politician in the coming European elections; thus the European Commission is led, in economic & financial matters, by a declared right wing extremist, and an ambitious one, indeed, not the cool technician he claims to be… hence his rage against socialist France.)

The radical solution is to default on the debt (I have advocated this long ago in: ”To Save The World, Please Default”). https://patriceayme.wordpress.com/2011/09/14/to-save-the-world-please-default/

Or at least default on interest payments. That could be done right away. Plutocrats would not be happy, they would plot.

To shut plutocrats down entirely, establish a worldwide register of property, and tax plutocracy accordingly.

Using force is not as utopic as it sounds: the Swiss Parliament just denounced a fiscal accord between France & Switzerland. What’s next? France will use force and impose whatever it has decided Switzerland will do fiscally. That involves, among other things, not just taxing French plutocrats hiding in Suisse, but also 190,000 Swiss citizens.

Some will say: “Is not force bad? If France uses force against Switzerland, surely, this is bad.” Well, no. First, force is already used. Plutocracy is satanic violence, the worst side of man, ruling. Second, force in the service of goodness is always good, just as weakness in the service of badness is always bad. The difference? Morality.

At that point the famous John from Hartford, who is paid to sound smart on the behalf of the plutocracy, intervened. Said he: “Default on the debt? Yes I can see that doing wonders for growth and employment when personal and corporate credit in the US economy totals around $60 trillion compared to the less than $3 trillion of cash in circulation.”

John meant to be sarcastic, but he is just idiotic instead. I politely replied: John, thanks for pointing out this misunderstanding. Please pay attention to the context. We are talking about government debt. This is in the name of what the austerity is done. First point. I would be glad if this got cleared up in your mind, all the more since you are probably not the only such case.

Second point: money is created through credit from private banks or dark pools, in normal circumstances. But, for example before and during WWII, this was thrown out of the window, when a command and control system was put in place.

That the USA required Great Britain to pay its war debt after 1945 was hostile to justice, decency, civilization, and highly detrimental to the British economy. That was made possible only by a British elite sold to Washington. That this is still going on today does not mean it will, tomorrow.

All governments’ fiscal problems would vanish if the hyper rich were taxed enough to kill the plutocratic phenomenon. This is a necessity, not to re-establish fiscal balance, but to re-establish civilizational balance.

Oh, by the way, John Hartford is grossly ignorant of what happened in the 1930s. Then all major governments (USA, UK, Germany) but for those on the gold standard (France) defaulted. The non-default of France was a disaster for the French economy.

Patrice Ayme

Housing & the Money Trap

November 23, 2013

Economics is a subject founded, and dominated, by philosophy. or rather, it should be. Instead it got to be dominated by gangsters and banksters.

The crisis the western economy comes from what passes for rational economic theory is far plutocratic lunacy. To put it in one sentence: “greed is not just good, but god.”

How did this come to be? Force. Force is what gave meaning to economics. In 1945, Allen Dulles, head of the OSS, was sitting in Berlin, in charge of de-Nazifying his Nazi friends he had made such good business with. A few thugs got tried, but the real friends and business associates were taught to make American style jokes, so they could go back to business. Force works:

Wall Street Golden Calf: Larger Than Life Itself

Wall Street Golden Calf: Larger Than Life Itself

Decades unfolded. The OSS, now called the CIA imposed military men all over the Americas, if not the World, covered up by Harvard, Chicago or Stanford certified “economists”. No god, but greed: an old story, already found in the Bible (the adoration of the gold calf). That was great for We The People of the USA, as riches flowed towards the USA. That comforted USA universities in their knowledge that their vision of economics as all about greed was correct.

The City of London poodle reinforced that notion and that system, after Thatcher came to power.

Then Reagan came to power. His greatest feat was probably to have introduced a tuition in the public University of California. That University had been founded specifically to be free, in contradistinction with the plutocratic universities, where diplomas were paid for, to give the appearance of distinction and qualification on merits to the children of plutocrats. Reagan broke that nasty idea.

From there on, all what was worthy in the USA would be paid for.

Reagan had in his cabinet two twenty-something economists, eager to please and succeed: Larry Summers, hyper connected to plutocratic economists with Nobels, and Paul Krugman. Nowadays Krugman, is viewed, erroneously as the most progressive economist there is. And his blog is the most read in economics, worldwide (complete with my more damaging comments censored).

Summers’ attempt to head the Fed, supported by Obama, was shot down by an Internet born campaign. As far as I know, I am the first to have excoriated Summers from way back. What Summers did under Clinton would have made FDR scream. Summers not only destroyed the Banking Act of 1933, FDR’s most important economic reform, but he allowed the expansion of banking scams to realms never imagined before.

Now, Summers, seconded by Krugman, has embarked in a vast campaign to justify the abysmal economy they helped to create in the last three decades. See:

http://krugman.blogs.nytimes.com/2013/11/16/secular-stagnation-coalmines-bubbles-and-larry-summers/

Recently, Krugman has been trying to explain that Keynes was not an idiot, that Keynes was just joking when he said real stupid stuff. I have long argued Keynes was partly a confirmed idiot, and even a lethal one.

See: https://patriceayme.wordpress.com/2010/09/04/colbert-good-keynes-not-so-smart/

Lord Keynes was just not an idiot, in many ways, he was also a Nazi. A Nazi incubator. a mother hen for Nazism. No wonder he wanted people to fill up holes at the bottom of coal mines; he was inspirational for Nazism.

Krugman is a strange case: on one hand, he is violently and haughtily condemning those who call him, Larry Summers, Alan Greenspan, Robert Rubin Jews, as they originally are, although he admits he is badly estranged from his roots.

On the other hand, Krugman exhibits wild enthusiasm and total devotion to Lord Keynes. Lord Keynes was a rabid partisan of murderous, German fascism, and regretted loudly and extensively that the Versailles treaty had freed enslaved nations subjugated by Prussia and Vienna. Keynes, as early as 1919, wrote down the entire system of thought the Nazis would run away with. Then he published it, as “The Economic Consequences of Peace” and that piece of trashy Nazi propaganda became the Bible of pseudo-progressives plutocratic sycophants throughout the Anglo-Saxon world. Including presumably, that of Krugman as he is all things Keynes, night and day.

To this day, Keynes’ TECP is the source of much anti-French hatred and contempt in the Anglo-Saxon world (something Krugman deplores, another of his charming contradictions). Most cultivated Americans have been brain washed, by a time honored Nazi tradition,  to deplore “Versailles” as the cause of everything bad. Those Americans ought to have to line up, and be spanked vigorously by Poles, Czechs, Slovaks, Romanians, Serbs and assorted others. French judges could assert when USA buns are rosy enough.

So now Krugman is again in love with Summers for all to see (Curiously he does not extend that affection to Summers’ compère, the Maestro of bubbling, babbling and mumbling, Alan Greenspan (Greenspam, Greenmail? who is out with another trash book).

Summers’ theory is that bubbles are good. It’s nothing new: that “theory” was put in practice by him and Greenspan under Clinton. Now our errant boy, Krugman, is embracing it idly (caveat: although, before anyone, I pointed out 4% inflation was good, I do not embrace bubbles.) In ‘Bubblephobia and Monetary Policy’ Krugman opines that:

How do you know that monetary policy is too loose? The textbook answer is that excessively expansionary monetary policy shows up in rising inflation; stable inflation means money is neither too loose nor too tight…I’m pretty sure the side Janet Yellen is on, says that at low inflation rates this rule breaks down… stable inflation at a low level is consistent with an economy operating well below potential. [I agree with this.]

But there’s a critique from the other side that seems to be gaining a lot of traction with central bankers not named Janet Yellen — namely, the notion that if asset prices are rising, and that this might signal a bubble, it’s time to tighten, even if inflation is low or falling.

And Krugman to inform us than an esteemed colleague at the Swedish Central Bank was fired because he disagreed with rising interest rates. Indeed, it makes no sense:

Killing The Economy: Good, Say The Plutos, We Will Shine More Brightly

Killing The Economy: Good, Say The Plutos, We Will Shine More Brightly

 

The Riksbank raised rates sharply even though inflation was below target and falling, and has only partially reversed the move even though the country is now flirting with Japanese-style deflation. Why? Because it fears a housing bubble.

This kind of fits the H.L. Mencken definition of Puritanism: “The haunting fear that someone, somewhere, may be happy.” But here’s the thing: if we really are in the Summers/Krugman/Hansen world of secular stagnation, things like this are going to happen all the time.”

Krugman, Summers, Greenspan, and the entire economic establishment are barking up the money tree. But an ultra major economies have worked without money. I sent Krugman the following, and, perhaps having understood it, he kindly published it.

Thinking of the economy in terms of money only brings the lowest bounds and deliquescent traps to the economic discourse.

There is a housing problem, from Germany to California. A neighbour’ two full grown, professionally employed children, just moved in to share her small apartment. Why? Because in San Francisco, studios are renting at $3,000 a month.

Real estate prices have tripled in Munich, und so weiter.

Verdict? It’s not about money, or “inflation”, it’s about supply of housing. The old solution is to throw money at banks and to hope them to throw some more money at the housing market.

But bankers, and other rich people, have interest to see housing prices go up: thus they become richer, while doing nothing. That is they have more and the others, relatively less. So housing’s supply diminishes, relatively speaking.

In more than three decades, the population of California more than doubled, but housing did not. Especially not where the jobs are. So prices exploded, especially after international plutocracy bought itself a few adobes. Does that mean there is inflation? No. Just not enough housing.

How was the problem solved after WWII in Europe? Entire cities had been levelled (say Toulon in France). Well, the governments simply decided to build housing. Forget the banks. Just pay the contractors directly, and get on with the work.

This stays true today. Government driven, quality (energy neutral) housing ought to be governmentally decided throughout the West.

That would surely help the economy more wisely that frantic fracking. (Fracking can be considered a Ponzi, or pyramid scheme, because it does not pay for the escalating damage it causes, so it’s a repeat of the “subprime” madness, and a crazed bubble.)

So we need more governmental intervention in the economy. But not by just exacerbating the consuming. Turning “patients” into “consumers”, on the “health marketplace” as the clueless Pelobama did, is the way of error. What we need is a government that brings work where needed, directly. (Although fiscal tools could help, say by cutting taxes on construction, and relaxing some regulations.)

Big time energy policy, both in research (Thorium reactors, Thermonuclear Fusion, etc.) and development (replacing planes by nuclear-electric trains, so to speak, etc.) scientifically driven is needed. There are simply projects only the government is big enough, and free from short term profit enough to engage in; see “Synthesis Found”.

Just throwing money at banksters, so they be good, as Krugman and his colleagues have advocated, forever, is not good enough. It’s just perverse enough.

And measuring inflation, as is done in housing, by lack of supply, is deeply erroneous, indeed.

***

Patrice Ayme

Genius Irreplaceable. Jobs Follow.

June 20, 2013

  Paul Krugman finds the bottom line: “Ah, Paris! You walk for miles and miles — it’s still, after all these years, a spectacularly beautiful city. Then you have as traditional a meal as possible at an old-fashioned bistro, washed down with lots of wine. And you feel like hell the next morning.”

  Hell can be a relaxation one needs. Speaking of hell, on the other side of the planet, I met a professional economist brandishing an iphone. He told me Steve Jobs was a genius, he deserved more money. I replied that iphones were made with lasers. Did he know who discovered the laser?  Would not that person be the real genius?

  The learned economist had no idea iphones’ chips were built with lasers. He had no idea electronic circuits are printed with light. Lasers exists thanks to OPTICAL PUMPING, invented here:

Nobler Motivations, Deeper Thoughts

Nobler Motivations, Deeper Thoughts

  [Pierre de Corneille welcomes you; Clovis Tower behind right; it’s 15 centuries old. Descartes is buried below in a copper coffin.]

The Kastler Brossel lab at the École normale supérieure (ENS) located in  Paris’ Latin Quarter, invented Optical Pumping in 1953. (500 meters right of the picture above.)

  Alfred Kastler, head of the project, got the Nobel Prize later. Kastler’s Nobel was attributed to him alone; this indicates that Optical Pumping was from the ENS alone; by contrast the famous Feynman shared his Nobel with two co-inventors of that particular portion of QED.

Genius: Not Market Supported

Genius: Not Market Supported

  Now that same ENS lab got the latest Nobel Prize in physics (2012). What was the deep discovery this time? Well, seeing light, without perturbing it.  How can one see the light without seeing the light? Is not that endangering one of the main metaphors? The deep new idea was to see light with atoms. An inversion of conventional expectations. That was what the Kastler-Brossel lab succeeded to do. Very enlightening. Even philosophically enlightening, as the method painstakingly devised shows that waves can be more subtle than official scientific thinking ever guessed before. (An anecdote: part of the experiment necessitated the most reflecting mirrors ever made, by a very long shot.)

  Seeing single photons going back and forth, without intercepting them. Now this is real genius. It’s what real genius means: completely new ideas or techniques, never imagined before.

  In truth, far from being a “genius”, Steve Job was just an ignorant, greedy boy playing with toys real men had invented. Nothing wrong with that. The economy needs little hands to bring technology to market. What’s wrong is to conflate business and the most fabulous edge of human creativity. What’s wrong is to confuse the little hand with the biggest minds.

  The iphone was not really invented by Jobs. It was invented thanks to the idea of a scientist, Kastler, working hard in a lab in a locale, Paris, where civilization has shined for more than 2,000 years. Kastler’s lab was paid by government money. And still is, 60 years later. This money came from taxes. It could not come from anywhere else.

  Thus, refusing to pay enough taxes is refusing to invest in new science and technology, just so that completely ignorant people, such as this (austerian) economist, an admirer of Hayek and Friedman, can keep on spewing absurdities. Is that a world we can afford? No, our civilization hitting the global ecological and energetic lower bounds.

  There is no easing out of that. Only hard work, the work of real genius. Not the “work” of those who sell stuff real minds invented. What we need to do is to see the light, whether with atoms or not.

  A world where money changers, tax dodgers and salesmen are viewed as geniuses, we cannot afford. And is it what we want, anyway? No. Civilization is also about beauty. This is what Paris say. And what Very Serious Plutocrats, and their obsequious servants, cannot understand. 

***

Patrice Ayme

***

Notes: Paris was renamed in the 4 C in honor of the Parisii, the Celtic-German nation that thrived there prior to the brutal unification of Gallia by Caesar. Contrarily to their reputation, the Celts were advanced in many important ways. They had Senates, Greek gods (Mercury was big), world class ocean going ships. Celtic metallurgy was the world’s most advanced (Celtic forges had equipped the Roman army, for generations, with special weapons, including swords, and the characteristic light metallic helmets). Logically, it’s Frankish steel that cut through Damascus steel, when the Damascus Caliphate invaded Europe in the 8C. It’s also in France that hydraulic hammers to forge enormous steel were devised in the 12C (to hold cathedrals together). Even recently only a forge in France and one in Japan made the steel for nuclear reactors’ vessels.  

*

LASER: Light Amplification by Stimulated Emission of Radiation. Computer chips are currently made with a lithographic process using ultraviolet light. Literally, the circuits are printed with light, down to 22 nanometers. Companies such as Cymer and ASML are working on shrinking the ultraviolet laser beam down to just 13.5 nanometers, which will allow in turn companies like Intel to squeeze four times more transistors on chips, making them faster (as the signal travels at the speed of light, the smaller, the faster). By contrast, a hair is a gargantuan 40,000 to 60,000 nanometers wide.

*

Einstein did some theoretical work on Simulated Emission of Radiation in the 1920s. Work on computers go all the way back to the Ancient Greeks. Transistors were invented in Germany in the 1930s. Completely electronic computers were made secretly for the first time in WWII, thanks to the work of an army of geniuses (such as Alan Turing and john Von Neumann). A prominent idea was to mimic the way the brain worked (as elucidated by a dozen generations of biologists, from Volta to Ramon Y Cajal, Golgi, etc…). Genius can neither be sold, nor bought. True genius can only thrive in the tender care and spirit of the noblest civilization, sustained by taxing more primitive animal impulses.  Motivation deep, mountain high. Motivation trivial, mountain flat.

*

Why Europe Lays Supine

May 1, 2013

Abstract: The crisis in Europe is now worse than in the 1930s, in major countries such as Britain, or Spain. So how come, differently from the 1930s, revolutions are not wrecking the streets? The aging of the population does not explain all the torpor. Nor does the fact that Europe suffers from globalization, also known as ‘free trade’, and plutocrats make sure that the Plebs is not aware of what ails them, or even, that they suffer at all: the wealthiest profit from the unfolding catastrophe.

A  most subtle psychological mechanism is at work: Europe already tried something very bold, very virtuous, axed on the sustainable and, not only did it backfire, but it proved… completely unsustainable. A disabling injury joined by an insult to reason itself: no wonder Europeans feel too depressed to do anything about anything anymore.

Why No Panic Yet?

Why No Panic Yet?

***

EUROPEAN PLUTOCRACY: SUBJACENT TO MUCH.

I was reading newly published  conversations of Hitler with his generals. Marshall Edwin Rommel and Hitler, in May 1943, discussed the dislike that “plutocrats” (yes, “plutocrats”, that’s the word they used) had for any social tendencies found in Nazism. In particular Hitler expressed the revulsion he felt in Rome, in 1938, for Italian plutocrats, and the triple game they played, through their control of the military, and double faced diplomacy with Britain, playing everybody against everybody.

Italian plutocracy did not come out whole from WWII. A republic was installed, with a slightly modified version of the French revolutionary flag. The daughter of the king, the one that Hitler gave his arm to, in 1938, died in an extermination camp, victim of an allied bombing…

Fast forward to May 2013, 70 years later. The Dutch are hysterical with joy: they just nominated a new plutocrat to head the Netherlands, William-Alexander, worth at least 300 million dollars. His wife is particularly popular. She is doubly plutocratic; barely twenty year old, before even having an economy degree, she was an investment banker in Argentina and New York (the biggest banks made like bandits from Argentinean default); she is the daughter of another plutocrat, a minister of the dictator Videla (famous for having tortured, before assassinating them, more than 30,000 people).

The hysterical Dutch wear orange. My Mom asked me why. I did not know, but I was correctly suspicious. It turns out that William-Alexander’s family used to rule, more than six centuries ago, the city of Orange… In Provence, France. Unfortunately, for the plutocrats, France is now a republic, sort of, so the followers of William-Alexander are reduced to waving orange flags, instead of waging terror in Orange, as they used to. Of course, Orange was built as one the free cities of the Roman republic, and only later was stolen by the ancestors of William-Alexander.

Kleptocracy or plutocracy? The latter is more general than the former.

I visited a 17 centuries old cathedral, the Saint Sauveur cathedral in Aix en Provence, four centuries older than Islam. Part of the cathedral was built even before Constantine became emperor. Then Constantine, a major plutocrat, if there ever was one, greatly thanks to fiscal measures, imposed Catholicism… The breathing of millennia endows our minds beyond this Earth.

Christianity, like Islam, was instrumentalized. The Saud family is trying to pose as the guardian of pure and hard Islam, but it violates the very foundation of Islam according to Muhammad, zakat (basically an anonymous voluntary tax the pious rich are supposed to impose on themselves, a command of the Qur’an). The Saudis know that they thrive, as long as people think in a way that revere them on top.

***

WHO COMMANDS MAKE CIVILIZATIONS MORE OR LESS POTENT & CREATIVE:

That the free are more motivated was already pointed out by Herodotus (see the last essay). What makes the minds of civilizations? Sometimes the oligarchy fabricates thoroughly the minds of the Plebs. Such robots show little mental creativity, even when they are requested to have some.

Indeed, even where they are allowed to be mentally creative, they will tend to be afraid of crossing scarlet walls across the mental landscape. This explains why the Roman empire lost much of its mental creativity, once it became a dictatorship. Even in the arts of war: the adoption of new weaponry in the first seven centuries of the Roman military dictatorship was roughly zero, in sharp contrast with the Roman Republic’s constant introduction of new weapons (although Constantinople introduced a crucial new weapon, Grecian Fire, the Seventh Century equivalent of the nuclear bomb).

Sometimes the oligarchy is ejected by a new, larger oligarchy, or several variants, in quick succession: this happened in England in the 17C.  Sometimes the revolt is even larger, encompassing much of the middle class: that’s what happened in France in 1789. The American Revolution was still something else, as it was more of a civil war.

Who leads is who gives the minds to the commons. If only a few lead, little mind is to be had. The wider the leadership, the more mind for the commons. This explains why the French republic of 1792 was able to defeat the coalition of all European plutocracies that tried to crush her, including Britain, Russia, Austria and Prussia. French research in new high explosives and superior artillery was crucial in defeating the invading Prussian army at Valmy in September 1792 (same story as Captain napoleon’s artillery defeated the British at Toulon, a few weeks later).

***

WHY EUROPE TOLERATES AUSTERITY:

The lack of vision in Europe is, colossal. And not just from the leaders, but also from the Plebs. But how come is austerity still proceeding apace? Why, as jobs are dying, not enough people are screaming for work? Is it just because the more people are out of work, the more stabilizers of the welfare state are at work?

The control of the EU by right wingers is still a fact, except, in appearance, for the French Socialists (but most elected socialists are right wingers in disguise). Many European leaders are tied to Wall Street.

This explains why Mario Draghi, ex-partner at Goldman Sachs, is still practicing the strong Euro policy (that takes away millions of European jobs; the Euro ought to be half the value it’s at, right now). That favors his masters on the other side of the ocean.

All these facts are known, but why no truly massive demonstrations? In May 1968, just because the state was too authoritarian, all of France went on strike, for a month (something similar happened in Czechoslovakia, and, in the USA, and LBJ declined to be candidate to the presidency again).

OK, people are older now, their anger hormones less in control.

Yet another fact is at work.  Europe made a giant effort, 25 years ago. Europe had two visions: the free market, “libre concurrence”, and ecology. Both visions have failed. The free market, it turns out mostly meant that banks were free to exploit the consumers and the states, and that plutocrats could live, tax-free, more powerful every year.

Many of those on the deep left said:”we told you so!” But even them have run out of critical steam. Indeed, they wanted to help the Third World, desperately. Now the Third World is helping itself with second, third, and actually, all servings. So what are European progressives going to say? Take jobs away from the Vietnamese, give them back to the French, who are paid twenty times more? Do they want to exploit the Third World, like the colonialists they used to criticize?

Sustainable energy is an even more painful subject, a wreck of European hopes and struggles. Ecological virtue has made European disadvantage even worse. Huge investments and efforts were engaged, great hopes raised, to curb the rise of the CO2. The rest of the world, led by the USA, refused to collaborate.
Thus, that vision has been a disaster. First, industrial production was delocalized in places that did not mind using the cheapest energy. Hence the global CO2 production was in no way impacted.

Secondly, European sanctions against energy production hobbled European industrial production and enabled those others, led by the USA, to get immense economic advantages, while the seas and temperatures rose, and Europe economic advantage sank.

British electricity prices have tripled in less than ten years. Even Germany, right now, having decided to get out of old fashion nuclear energy is finding the going tough, increasingly intolerably expensive. The French have wrecked their car industry by imposing tough CO2 standards.

Overall, because of Euro (and pound!) over-evaluation, the European economy has become uncompetitive (in spite of the German ‘success’, which is more appearance than reality).

Result? Now the Europeans are scared of any new vision, embarking in the many new ventures that really getting out of austerity would entail, lest something even worse comes about. They  suffer from a subconscious feeling that they did something uncomprehendingly, immensely bad, by showing too much initiative. Hence a dreadful determination to not go grandiose again. And thus the willing, collective wearing of the hair shirts.

This is why there is no explosion yet. And why the bought off right-wingers, the Barrosos, Rehn, Junkers,  German central bank head, and other austerians, keep on talking loud and strong. All the more as they have to disguise how wrong they were. And what better disguise for error than to keep on insisting that they were right?

And what of the USA? The sequester may bring a disaster: it’s pretty similar to what happened in Europe in the last few years.

When Roosevelt became president, he advocated to have no fear. Indeed one can hardly expand an economy when everybody is hiding below a rock.

***

Patrice Ayme

***

Patrice Ayme


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SoundEagle 🦅ೋღஜஇ

Where The Eagles Fly . . . . Art Science Poetry Music & Ideas

Artificial Turf At French Bilingual School Berkeley

Artificial Turf At French Bilingual School Berkeley

Patterns of Meaning

Exploring the patterns of meaning that shape our world

Sean Carroll

in truth, only atoms and the void

West Hunter

Omnes vulnerant, ultima necat

GrrrGraphics on WordPress

www.grrrgraphics.com

Skulls in the Stars

The intersection of physics, optics, history and pulp fiction

Footnotes to Plato

because all (Western) philosophy consists of a series of footnotes to Plato

Patrice Ayme's Thoughts

Striving For Ever Better Thinking. Humanism Is Intelligence Unleashed. From Intelligence All Ways, Instincts & Values Flow, Even Happiness. History and Science Teach Us Not Just Humility, But Power, Smarts, And The Ways We Should Embrace. Naturam Primum Cognoscere Rerum

Learning from Dogs

Dogs are animals of integrity. We have much to learn from them.

ianmillerblog

Smile! You’re at the best WordPress.com site ever

Defense Issues

Military and general security

RobertLovesPi.net

Polyhedra, tessellations, and more.

How to Be a Stoic

an evolving guide to practical Stoicism for the 21st century

Donna Swarthout

Writer, Editor, Berliner

coelsblog

Defending Scientism

SoundEagle 🦅ೋღஜஇ

Where The Eagles Fly . . . . Art Science Poetry Music & Ideas

Artificial Turf At French Bilingual School Berkeley

Artificial Turf At French Bilingual School Berkeley

Patterns of Meaning

Exploring the patterns of meaning that shape our world

Sean Carroll

in truth, only atoms and the void

West Hunter

Omnes vulnerant, ultima necat

GrrrGraphics on WordPress

www.grrrgraphics.com

Skulls in the Stars

The intersection of physics, optics, history and pulp fiction

Footnotes to Plato

because all (Western) philosophy consists of a series of footnotes to Plato

Patrice Ayme's Thoughts

Striving For Ever Better Thinking. Humanism Is Intelligence Unleashed. From Intelligence All Ways, Instincts & Values Flow, Even Happiness. History and Science Teach Us Not Just Humility, But Power, Smarts, And The Ways We Should Embrace. Naturam Primum Cognoscere Rerum

Learning from Dogs

Dogs are animals of integrity. We have much to learn from them.

ianmillerblog

Smile! You’re at the best WordPress.com site ever

Defense Issues

Military and general security

RobertLovesPi.net

Polyhedra, tessellations, and more.

How to Be a Stoic

an evolving guide to practical Stoicism for the 21st century

Donna Swarthout

Writer, Editor, Berliner

coelsblog

Defending Scientism