Tuesday, November 19, 2013

Bitocoin is going up in the world

Yesterday Bitcoin for those that dont know had reached $900 FRN(Federal Reserve Notes) in just a short amount of time and it proving itself to be just as valuable as gold but the sad part is that it didnt close at 900 FRNs. The recent rise in the value of bitcoins is probably has to due with the Sentae hearing on that status of bitcoins in the US. In the article cited at the end it stated that even Bernake himself sees the cyrpto-currency as promising currency which would hopefully make him tell Janet Yellen to back the dollar with silver or gold rather than just increase the amount of quantitative easing because as we all know it hasn't work and it will never work. Bitcoins in the coming years will pave the way for anarchy in currency and and prove that we dont need no central banker or government to decide what kind of money we can use and perhaps maybe a key way to uplift people out of poverty.

http://www.geekwire.com/2013/bitcoin-surges-alltime-high-800-government-discusses-legitimacy-digital-currency/

Sunday, November 17, 2013

Worried about robbery in a staeless society well dont worry youve already been robbed

Okay now for you the viewer you are here because probably tired of government stealing from you  through the use of force like taxation but for those who forgot or never knew about what had happen in 2011 with the bailouts its perhaps the greatest robbery in a while. In 2011 our invisible government the Federal Reserve decided to give out a bailout amounting to 7.7 trillion dollars to "help" the economy but we all know that isn't true because were in the same crappy position as we ever five years ago. Now that's quite a big bailout isnt it 7,700,000,000,000 but the  GDP that year was about 14trillion dollars now compare that 14,000,000,000,000 to 7,700,000,000,000 better yet to make it easier for you I'll cut out the zeros 14 to 7.7 thats over half of what the US has produced just taken away from us. Sorry I'm wrong 7,700,000,000,000 printed, not even created electronically from a computer. Now lets say that if that bailout money was actual money given to those various financial institutions; hat just proves that for over six months of your labor was given to these groups of individuals. Now people who fears about a Anarcho-Capitalist society have corporations robbing everyone should have nothing to fear about because you've just been robbed of your labor via government and gave over half of your labor value to a group of individuals. Now to any of you Statist, Communist, Socialists,Democrats, Progressives, Fascist and others alike whatever your worried about happening in my stateless society has already happen a society that tenders more towards you than me.Just accept the fact that your ways have failed and no one can be en-placed that will solve all your problems but how the market will react to your ideas, methods, policies, and treatment of customers that will prove widespread success for everyone rather than the chosen ones.

7.7 Trillion Dollar bailout source  - http://www.slate.com/articles/business/moneybox/2011/11/the_7_trillion_secret_loan_program_the_government_and_big_banks_should_be_punished_for_deceiving_the_public_about_their_hush_hush_bailout_scheme_.html

Thursday, November 14, 2013

Government spending and employment

I was browsing the web and I came across this chart released by the Federal Reserve Bank of St. Louis and the chart had compared the amount of government spending to the rate of employment and the two mirror each other. I find this even more interesting when I'd looked at the Clinton administration and the amount of spending was lowered and unemployment sank to an amazing rate. This graph is especially good for the libertarians and Anarcho-Capitalist because when government spending goes down so does employment therefore the most logical conclusion based on this chart is government spending should be at a minimum or just even decide on just abandoning it and everyone will have a job without the use or force or violence

Wednesday, November 13, 2013

Obamacare is a turd

https://www.youtube.com/watch?v=NQeToAE21j0&feature=youtube_gdata_player