Archive | June, 2013

The madness of government intervention knows few bounds

23 Jun

Count Freddy

History continuously displays the hilarity and ineptitude of government interventions. However, every now and again even I am surprised by just quite how stupid and fatuous government ministers can be once they have sucked up the enervating Kool-Aid of state power.

For instance, in this morning’s Telegraph newspaper I discovered that the British government – in a land famous for rain-drenched umbrellas and cancelled village summer fêtes – has decided to cover 75,000 acres of ‘their’ territory in solar panel electricity ‘farms’, all to be paid for by everyone else. Once the farms are built with the aid of generous subsidies, much of that finding its way into the Luxembourg bank accounts of  all the sponsoring politicians and lobbyists, the taxpayers will then be fleeced again to pay these solar farms NOT to produce electricity in the summer, the only real time of year when these farms might actually be useful.

Confused? Just check out your own local government. I’m sure they’re being just as idiotic and personally greedy in all departments, mixed into a frothy bribe-drenched cocktail of malice, aggression, and arrogance.

Getting back to my own local bunch of vain corrupt fools, first we have the Stalinesque/Hitlerite zeal of a striding pygmy colossus:

“Greg Barker, the energy and climate change minister, has disclosed that it is his “ambition” for 20GW of energy to be produced by solar panels in 2020 – effectively a ten fold increase in the number of solar farms currently built or being planned.”

Then we have a dash of the usual Robespierrian/Napoleonesque insanity:

“The warning suggests that solar farms will, like wind farms, have to be paid not to produce electricity.”

Next up, we’re treated to some Lilliputian/Blefuscuan tin-pot jingoism, carefully choreographed with a smattering of pompous bureaucratic mandarinese:

“Addressing Intersolar, an industry conference in Munich, the minister said he was determined to make Britain “a hub for global solar firms” and said no country in Europe had “more potential for future solar deployment”. The expansion “ambition” comes as generous subsidies – ultimately added to household energy bills – are being offered to solar developers under the Government’s Renewables Obligation scheme.”

And then the incredible and remarkable coup de grâce:

“However the disclosure of the Government’s plans for such a large expansion of solar energy raises the possibility that solar farms will also have to be paid to shut down during the summer months, when they produce the most electricity.”

You might want to re-read that bit again. I had to.

Would that ever happen on the free market? To ask the question is to know the answer.

All of this madness is of course backed up by the one-world governmental tax-raising meme scam of ‘global warming’, on a planet where temperatures have been steadily dropping for a decade inside a highly-volatile interglacial period.

No doubt, as we enter the next overdue ice age – when what little sunshine remaining in Britain becomes increasingly interrupted by even more by grey skies and rain – if the tax farms of England, Scotland, and Wales are still ruled over by the thousand-year Mafia known as the British government, they’ll perhaps have covered every last inch of this island in useless solar panels just in time for all that wasted silver to be permanently covered in snow.

However, putting all of that aside, we must continue to let these clowns rule over us, of course, because without their angelic guiding hands we would be unable to have any roads.

UK Bail-Ins begin

20 Jun

Bail-In

As reported by the silver doctors, via the Daily Telegraph, bail-ins have now transmuted from Cyprus to Britain.

Expect much more of this kind of thing, as the banksters trouser your pension, savings, and income, to keep themselves nice and wealthy under the privileged system of government-run fractional reserve banking.

HT to AH

Zero Hedge: China Interbank Market Freezes As Overnight Repo Explodes To 25%

20 Jun
Chinese Credit Crunch?

Chinese Credit Crunch?

Is this a black swan coming in to land?

Remember, you read it here second.

Doug Casey and the Fall of America

20 Jun

Screen Shot 2013-06-20 at 12.17.37

It’s Doug Casey day, here on the Euro Vigilante, with an excellent set of videos from the ‘Fall of America’ series.

Just to help those on mobile devices, where YouTube playlists never seem to work correctly, here are all of the ‘Doug Casey, Fall of America’ YouTube snippets that we could lay our hands on.

Enjoy.

The Largest Criminal Entity on Earth:

The Precipice of the Greater Depression:

The Future of Freedom in America:

The End of the Nation State:

The Federal Reserve:

Sovereignty and Borders of the United States:

Class Warfare:

America Becoming a Police State:

The Charade of Nationalism:

Americans Accepting Control:

The Land of the Free:

Institutionalized Coercion:

The American Idea:

I work for the state, my pension is safe

18 Jun

Red Fleet

Do you work for the state? Do you think your future is safe? Do you think it’s funny that the mafia gang that pays your wages, expenses, and pension is going to ‘make’ me pay for you long after it has financially pummelled me into the ground (if it can find me)? Well, thanks for that. But I do believe I’m going to end up far more amused than you when the state you worship, adore, and sell your soul to each day, in return for the daily bread it steals from me, is going to cut you off at the knees and looks after its far more senior members instead.

It will do this when it runs out of my money, it can’t borrow any more money, and the money it can print is worthless. Read your classics history on ancient Egypt, ancient Persia, ancient Greece, and ancient Rome. It’s all there. It’s all happened before. And it’s all going to happen again. Welcome to the Matrix of history rhyming with itself.

Don’t believe me? Just look and see what’s happening in Detroit, a sort of modern-day version of a Hadrian’s Wall outpost. Because this ‘letting go of the help’ is going to happen in every western state-run city in the world.

But avoid worrying completely. When I’m on the beach in Thailand, I’m sure I’ll be needing someone to wash my car.

Bail-ins for everyone

17 Jun

Satan TrappedIt could only happen in Cyprus?

Think again. The latest thinking coming out of the Federal Reserve is that the entire world is going to be subject to ‘bail-ins’ to save all of the banks which own the Fed:

Here’s a quote:

“Perhaps more to the point for TBTF, if a SIFI does fail I have little doubt that private investors will in fact bear the losses.”

You have been warned.

And note the inability to call TBTFs (Too-Big-To-Fails) and SIFIs (Systemically-Important-Financial-Institutions) what they are, which is ZBs (Zombie-Banks), and the use of these obfuscatory acronyms perhaps designed by neurolinguistic programming gurus to make their unfailability ‘inevitable’ in our minds.

Perhaps, Jeremy, we might let the free market work? It’s an idea which gave us western civilisation. It’s a shame we started letting go of this idea in 1913, when the Federal Reserve was created by the big banks of New York to eventually get us into this mess.

John Embry: ‘everyone should look at Zero Hedge, Sinclair and KWN’

13 Jun

I had the great privilege recently of speaking to John Embry, the Chief Investment Strategist at Sprott Asset Management. The interview is below:

Episode 131: GoldMoney’s Andy Duncan talks to John Embry, Chief Investment Strategist at Sprott Asset Management (www.sprott.com), about the “Great Gold Takedown”, the road to hyperinflation, and the Orwellian nature of government economic information.

Along the way they discuss the possible financial fallout from the recent Bilderberg meeting and other clandestine conferences, good sources of truthful information for GoldMoney clients, and when western central banks might run out of precious metal.

They also touch upon black swans, how to remain motivated in the possible face of gold price suppression, and the realistic potential of future world monies based upon gold.

This podcast was recorded on 11 June 2013.

To get your own GoldMoney account, with the Euro Vigilante as your referring affiliate, click on the picture below to visit the GoldMoney.com website, then click on their ‘Free Sign Up’ button, once you’re on their home page…

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