TANSTAAFL

TANSTAAFL
Lately we are hearing about a move to audit the Federal Reserve. It ain't gonna happen. Well maybe, but it will all be behind closed doors.

Here are the reasons:

1. Congress and the President don't want the public to find out that the Fed isn't a branch of government.

2. The probability of Civil War.

3. Without any illusions, the people will quit trying and surrender themselves to death.

4. Politicians love to be politicians.

So let's look at all of these in turn.

If the people find out that the Fed is just a bookie and loan shark to Congress, any remaining confidence in money and banking will disintegrate. Cash will become worthless and GDP in dollars will go to zero. Those dependant upon government money will find wage and price controls will lock them out of the markets. Barter will be king. Those with products or needed services will withdraw from the market. It matters little if bread is $2 a loaf under wage and price controls if none goes to the marketplace.

With little ot no money in circulation, tax revenues collapse. Government can't afford this and sure can't afford to declare war on the citizenry.

There is the possibility that no laws exist making it legal to open the Fed's books. Recall that our Constitution specifically outlaws ex-post-facto laws. This means what happened, happened and we as a nation have nothing to say legally about what happened.

The actual debt, presently due and payable as well as debts due in the future, can't be paid. In order to pay down the debt, virtually all of the entitlement programs MUST be eliminated.
Any of the above will trigger a Civil War. Hungry people do desperate things. To consider that government doesn't realize what is going on would be foolish. If government outsiders can figure it out, there is little doubt that those high up in the government know even more.

So what to do with the endless march of inevitability? Reinvent community. The extended family is gone. The sense of community is gone. Few remember either. Enter the new kid called Communitarianism. We are all in this together. We must cooperate and determine what community assets are available. These community assets are not collectively owned, but rather are privately owned.

Well, they are private until anti-hoarding laws are enacted. The grasshoppers will show up at the ant's door to redistribute your hoarded assets. Sooner more probably than later, the shooting will start. The grasshoppers will be hunted down and any and all supporting cast will be executed.

Those who have nothing but a sense of dispair will quietly roll over and die. Government will wring its hands and plead for cooperation. The mantra will be "we are all in this together." Any and all groups opposed to cooperation will be deemed outlaws. You can bet on the military being called in to put down the rebellion. Violence will beget violence.

With the military involved, the politicians and families will be assured of some measure of safety. Those in power never voluntarily surrender power. To do so will put politicians and their families in extreme danger of execution by the masses.

The politicians will seize farm production and distribution to maintain some measure of control of the hungry masses. Few agri-businessmen have ever noticed that their production is collaterall for the loans and government payments.

The hungry masses will be herded into the cities where distribution of farm products can be centralized and controlled by the military.

The bitter irony is that none of this will work in the long run. Without a viable economy, production of food and needed repair parts, the engine slows and stops. America doesn't produce the goods to maintain itself at any level. With no monetary assets backed by complete confidence, retooling any remaing factories won't happen. Our nation's infrastructure will collapse. Those remaining in the cities will escape into the countryside to plunder the few who work the land.

So is there a way out? Kinda sorta.

We can inflate the money supply a bunch. Think Zimbabwe. Debts can be paid down with worthless dollars. Jobs and production will fall, but the politicians will funnel cheap money into more bail-outs. The politicians must do what ever they can to maintain some sense of hope in the citizens. Of central importance is a common enemy outside the US.

This dreaded enemy requires our military involvement. Can you imagine the effect on our economy if we brought the troops home. War material production ceases, the veterans return to find jobs non-existent and any confidence they had in the system destroyed. Worse of all, these vets are combat trained. All of them have a sense of loyalty and duty. But where will this loyalty and duty be aligned with? You can bet that it won't be with a government that spent the wealth of the nation on crap. And you can bet everything on the vets winning the war against the politicians that sold the soldiers children into slavery.

Our nation, in a fit of compassion, sold future wealth for various entitlement programs that benefit the unproductive masses. The problem is "there is no future wealth only hardship and debt."

There is no such thing as a free lunch. TANSTAAFL. Auditting the Fed will only present the bills that are due and payable. No confidence in the money will be inevitable. It will become obvious that we will pay the piper. We will pay with death and destruction. The irony is that far too many skilled people will die for the sins of the politicians.

I would encourage those of you who can see TANSTAAFL seek out those with the knowledge and skills needed to maintain some semblence of a local economic engine and protect them for your children's sake. If we lose technology, we will be reduced to a hunter-gatherer society that preys on other groups.

It isn't too late to develop skills that will result in production of needed goods. It is almost too late to move to the country and buy a few acres. As the economy declines, outsiders will be unwelcomed. In order to be viewed as an asset, you must have something needed for the survival of the community. That something is tools and the skills to use them.

What we percieved as a free lunch will cost us far more than we could have ever imagined. Audit the Fed and find out. Just understand, it might, nay probably will cost you and your family far more than you can pay. After all, death is not optional, but rather mandatory. Audit the Fed and destroy what little confidence that remains.

I will leave you with this harsh reality. The entire world is inter-connected economically. Why do you think our politicians are passing bail-out legislation? Failure to bail-out corporations will result in immediate delivery of the bill. So many cry "New World Order" when what faces us is "New World Disorder." Duct tape legislation will only work for so long. Some country will default and the the world of economic cards will implode.
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"Hey! How about a little more duct tape over here."

(Pan out to see delivery of new roll of duct tape.)

Politician peels off length of duct tape and patches hole in boat. Sets roll on seat.

(Zoom in on roll of duct tape.)

"Made in China"