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Friday, April 13, 2012

"Digital Future"- Just Another Phrase for Keeping Track Of The Serfs

Thus one government intervention begets a further government intervention. Because government has failed in its primary task…politicians ask, in effect, for price and wage fixing; and we are driven toward totalitarian control.

- Henry Hazlitt “What You Should Know About Inflation“

Though commenting on the state’s backing of union thuggery, Hazlitt pinpoints one of the essential rules of conduct for public officials. That is, intervene in private life to appease one wealthy interest group to then create the groundwork for further power grabs with the inevitable disaster which emerges. Thankfully, blatant usurpation of authority by lawmakers is still frowned upon by many taxpayers. That’s why, less a case of opportunistic disaster (“you never let a serious crisis go to waste” as lifelong parasite and former ballerina Rahm Emanuel put it), authoritarianism is achieved in small doses.

Can’t be feeding the people too much information on what their money is really being used for, now

At the beginning of April, Canadian Prime Minister Stephen Harper revealed his budget for the fiscal year of 2013. Contained within the budget, besides the promising feature of axing 12,000 public sector sponges, was the provision where the Royal Mint of Canada is to cease the production of pennies. The government blames the cost of production for its decision while ignoring the culprit of relentless currency debasement. As Maple Leaf Metals Exchange founder Chris Horlacher documents:

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