Saturday, September 02, 2006

I can't figure out what this piece is about.

"U.S. stocks may gain and trading volume may rebound as Wall Street goes back to work after the Labor Day holiday, and as investors bet the Federal Reserve will keep rates unchanged at its next meeting."

Story

Since there is no certitude index associated with "may rebound," then we must assume that "may not rebound" is just as likely. And judging from the musings of those whom I read, I would say that "may not rebound" is the more metaphorically likely.

Now I don't know economics very well. But me understand the movement of energy, er, I mean, the movement of information... So I hope you would deign allow me to pull up a chair...

People are buying three dollars in gas and paying in dimes.

Grossly overweight people fill my day.

Customers become mesmerized by the latest five-dollar laser pointer. They buy it.

Scratch-off lottery tickets are not a sound retirement plan.

People take out adjustable rate mortgages.

This whole mess is caused by economic distortions introduced by monetary policy and legislative policy.

You don't ever want to obstruct the free movement of energy. Money shall be gold or silver --or some privately issued bill representing such.

And you don't want government --that is, the businessmen who control it-- to create crimes. A created crime is one that is victimless. It's a crime that no one actually reported. ...Because no one noticed. Because it affects no one.

Who cares if I drive without a seat belt on?

Who cares if I smoke weed?

Who cares if I build a shed on my property to keep the wood out of the rain?

These are, at root, economic crimes. Crimes in which the only "injured party" is some economic interest. In the first case, only insurance companies and hospitals care about seat belt laws. They incur the greatest cost of failure to buckle up.

The only person who cares if I smoke weed is the person who wants to "level the playing field" so that the purchase of his crap product becomes more attractive.

The only person who might arguably have a claim to protest my building of a shed might be my neighbors. They may object to it on safety or aesthetic grounds. And they may have a claim: Such a structure might reduce the value of their property. But that is still an economic interest...and just as unadorned by high-mindedness.

They all come down to money.

I know that you people have laws against some things, so I'm sorry if my efforts to act in a morally --that is, informationally efficient-- manner conflicts with your desire to make more money.

Government interference in your society's economy should not be tolerated. The economic interests of those who control government --and guess who that _isn't_-- will be reflected in the enforcement actions of government.

And I hesitate to even refer to it as government, because that implies some sort of legitimacy beyond the enshrinement of some people's desire to make more money.

A government that acts not in the manner associated with legitimate government, but in the furtherance of economic interests, claims no moral legitimacy.

It may be morally ignored because its actions are the very antithesis of legitimacy. So it, obviously, is not government. Where did it go?

You won't miss it, because government brings only death and disease and poison and poverty. Beyond its supposititious beginnings as the guarator of freedom and property, it has become an entity that is hostile to its only mandate. It is as rapacious and savage as are the economic interests it serves.

The love of money is the root of all evil. The love of 3-Space energy is the root of all evil. If a thing must be legislated, then it --in the incalculable economic wisdom of The Field-- must be bad.

When you create economic crimes, you guarantee yourselves a hell on earth. This is because you legislate into existence things that should not exist in a good world. All things exist as they are required by The Field. So if buckling up made a net contribution to the "good world," it would happen without governmental coercion.

There is an economic genius to be ascribed to "evil" as well. One might even personify it, and attribute to it some intelligence. It will make full use of the economic mechanisms that had been unwittingly laid by those who had fallen in love with that form of energy.

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There will be much gnashing of teeth, as they say.