The KSHB Chronicles
On 7 September 2008, I am to speak to KSHB TV in Kansas City about several issues.
They tell me that they want to know my energy policy, whether I believe in Global Warming, What can be done about Gasoline Prices, When I think American Troops should come home from Iraq, Where the Next Front should be in the War on Terror, Who is responsible for the mortgage crisis, and What I would do to increase jobs.
WHAT CAN CONGRESS DO ABOUT GAS PRICES?
The first thing to get straight about gas prices is that there is no lack of supply of petroleum in the market. This means that the recent rise in prices is not a matter of supply and demand.
FACT. On 28 August 2008 the price of a gallon of gas was $3.49 and the price of an ounce of gold $812.50. So the price of a gallon of gasoline was 0.00429538 ounces of gold.
FACT. On 1 September 2001 the average price of a gallon of gas was $1.123 and an ounce of gold was $270.00. That made the price of a gallon of gas 0.00417407 ounces of gold.
FACT. This means that gas is selling at $1.16 in 2001 dollars or $0.037 higher than at the same time in 2001.
So, if there is no fuel shortage, and the price of gasoline is fundamentally the same as it was 7 years ago, what gives.
Well, simply put, the government reduced the buying power of the dollar. Simple math makes that clear. It now takes $3.49 to purchase what $1.16 bought in 2001. No reduction in supply accounts for it. No increase in demand accounts for it.
So, what can be done? Nothing as long as the currency value can be repegged by the government arbitrarily. When dollars were redeemable in silver the government could not play these kind of games. This is the same game that the states played under the Articles of Confederation. This is the very reason the constitution requires that currency be redeemable in gold or silver. The founding fathers did not want the government to have the power to affect their wealth in this manner.
The constitution has not been changed, the government, in both Republican and Democrat administrations, has been acting illegally. The dollar needs to be redeemable in silver once again. Were that so, then, no matter what paper currency games the government, and its lap dog the Federal Reserve, try to play, the average consumer will be protected. Historically, the result of currency redeemable in precious metal is price stability.
Governments support themselves by taxation, borrowing, and the theft of their citizens buying power (savings). The government stole your buying power, and spent it on some program you did not want. Now your dollar buys less. It just goes to show that Saint Augustine was right when he said the difference between governments and thieves is that thieves are honest about what they do.
Barnes, Graves, & Security State Fascism
My friend Corrine asked me “what would you like to see happen in this election”.
The answer is relatively simple. I would like to see an end to Security State Fascism.
She, and many others I know, repeat its mantras as if they were true. The government is there to help you and it should fight terrorism, or give me health care, or make babies cuter, or make the trains run on time, or feed the poor, or house the wealthy, or provide a social safety net, or lower gas prices, or end global warming, or provide jobs, or make the trains run on time.
We just need to use the engine of government to do good and we will have heaven on earth.
But relying on government is relying on organs of power. And as much as one might want to deny it, power corrupts and absolute power corrupts absolutely. The founders understood that in their bones, and they were afraid of power. There is very little difference between a strong central government and keeping a bad junk yard dog. Depending on the situation both may be necessary, but they can not be allowed to get the upper hand. In my race, both Kay Barnes and Sam Graves think that they can use the power of government to reach their agenda with out being corrupted. They are deluded.
The price of looking to government to solve our problems is to give up our right to control our own lives. The theory of collectivist liberalism is morally and intellectually bankrupt. It is individual freedom and prosperity that improve life. At some point, the collectivists among us need to understand that the Berlin Wall fell, and that there will be no more instructions from Moscow. The communists were right that the state is the enemy of freedom, they were wrong in believing that centralizing power would cause it to fade away.
Putting an end to Security State Fascism is not really all that difficult. The first thing we must do is stop voting for the laundry. Politics is not a team sport and the uniform means a lot less than the person in it. In my race for instance, there is no doubt that both Barnes and Graves both believe in using the power of the government to achieve their own agenda.
There are people who want to see a return to a limited constitutional government in all parties. With Libertarians it is a passion, but there are RLC Republicans running, and in more conservative areas honest to god conservative democrats. You simply can not vote for your parents mistakes and hope that things will get better.
Next, find yourself candidates that understand monetary policy, and can explain in two syllable words why it is important to tie currency to hard assets. (Hint: it keeps the junk yard leashed up where it is safe.)
Then vote for them. Your savings will be safe, your children will breathe free air, and apple pie will taste better.
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on August 25, 2008 at 9:10 pm Leave a CommentTags: Analysis, Barnes, Commentary, Graves, Sixth District, State Fascism