Some signs of the largess or influence of a nation include religion, language, technology, media and money. Looking at the rise and fall of Empires over the last few centuries, there has been one consistent rise among many smaller collapses. Before the British Empire there were many smaller Empires. The British Empire collapsed only to morph into the American Empire, which seems to be turning into the United Nations Empire. Today is the West or the Anglo-American Empire, as the Daily Bell likes to call it and it is the largest Empire or power structure on Record.
No doubt you have heard of the proposed legislation in the U.S. Congress called SOPA and PIPA and of the protests of various websites against them. These measures are ostensibly intended to fight against copyright infringement and piracy on the web. Most of the protesting websites did not express disagreement with the enforcement of intellectual property (IP) laws, but that there would be privacy issues and regulation of websites by the feds. Read more about An Unconventional Perspective on Intellectual Property
Reading through the current list of predictions from analysts outside of the mainsteam media, it looks like the outlook for 2012 isn't very different, just more of the same. If anything things look a bit worse, because we haven't managed to air any of last year's laundry. We'll probably see more of that return to normal, where paper is worth nothing and real assets are considered wealth again. In other words, paper continues to depreciate and real assets continue to appreciate.
As you might have read previously, I have attempted to appeal to a local Tea Party to embrace more consistent and libertarian principles. When I was first introduced to the Tea Party during a tax day rally, I was left with more enthusiasm than I have now. Individuals were passing out literature asking, "Who is John Galt," as well as other free market materials. It seems that these individuals are just that: individuals attending a rally to spread ideas and not necessarily having any association with the Tea Party itself. Still, this organization likes to use terms such as free market, low taxes, low spending, and Constitution. Read more about Commentary for the Tea Party
I find it interesting how large the variety is of things people cite to be the "death of America." Some list the birth and death date as 1776-2008 in reference to the election of Barack Obama. Some say it was September 20, 2011 when the same person declared his right to assassinate anyone, including Americans, who he deemed to be a threat. Another suggestion is that it was in 2005 when the Supreme Court ruled that it was constitutional for the government to take property and give ownership to private interests. Is America sufficiently dead yet? Read more about The Death of America
Here is an interview with Egon von Greyerz, from King World News. Clearer and more direct words are hard to find. I'll let not take away from his message and let him paint the picture for you.
Before getting to the good stuff, let's just review some important posts regarding the gold and silver markets.
Here is Jim Sinclair on what to expect in 2012. Namely, the continuing of gold's bull market, stronger diveregence between spot (paper) price and physical price, and of course the continued devaluing of paper (debt). Read more about Jesus, as an Anarchist Sun God
Similar to Classical Education, Classical Economics has also mostly disappeared. These two topics go hand in hand, for without the former you cannot understand the latter. Classical Education aims to train your mind to think logically and consistently, while Classical Economics aims to discover how human choices are affected by market intervention (less freedom). Without clear thinking, it is not possible to understand Economics, which might explain much of the confusion about the subject.
The commonly used political labels, Liberal and Conservative, are often described in a such a way as this: the Liberal favors civil liberties but not economic liberties, while the Conservative is vice versa. My purpose today is not to demonstrate how most people who would use these labels to describe ideologies are mostly deceiving themselves, but how both of these types of liberties cannot be fully enjoyed without the other. Read more about Civil Liberties vs. Economic Liberties
Unfortunately, I have not been keeping up with my writing. Other commitments have taken my time. I apologize for the lack of writing but without further commiseration, it is time now for some reflection.
Keep in mind some of the messages we've been presenting on this website such as self-education, wealth preservation, buy real assets/sell paper assets and reducing your support of crumbling illusions. Today, we will add a bit of perspective to bring all of these into one big picture, or bird's eye view.
Read more about Reflections on a Classical Education