Fiat Free Fall

17 September 2018

As Turks and Russians labor to bolster their respective currencies, to arrest their deterioration with respect to America’s F’eral Reserve “Dollar” I am reminded of sky-diver footage. They are all dropping, but from the perspective of F’eRD, as Lira and Ruble trim their parachutes to slow their descent it looks to the camera like they might be coming back up. It’s just an illusion.

As long as the world’s faith-based fiat currencies (“Fiat lucre!”) are backed by political integrity rather than such “obsolete relic[s]” as silver or gold, their value will continue to descend. Unlike falling bodies, however, their approach to zero is more asymptotic, so it feels smoother and less dangerous for now, but the end of the ride can be just as catastrophic.

These comments are sponsored by The Confederate Mint (purveyors of metallic securities in gold, silver, copper, and lead).  For sample sheets of Metallic Certificates (total face value One Tenth Silver Dollar) send One Silver Dime plus a self-addressed stamped envelope; or Four United States Legal Tender Federal Reserve “Dollars” in scrip, check, or money order, to Greigh Area Associates, c/o Gene Greigh //  401 Rio Concho Drive;  San Angelo, Texas;  76903

Jason’s Fault

Jason Williams, columnist for the Cincinnati Enquirer, claims that he is to blame for our egregious local poverty rate, and so are the rest of us. I endeavor to set him straight.

Mr Williams,

If you truly believe that you are “at fault for Cincinnati’s woeful poverty rate” then I hope you will feel free to enjoy your guilt. When you claim that because you have neglected to give enough you are responsible for the poverty rate, you give yourself too much credit. If we were to distribute your entire income among the indigent of all of Greater Cincinnatistan the difference would barely constitute a ripple.

If your larger point is that neither you nor the rest of us have done enough to help, and that by hectoring us you hope for us all to do more, then you should say as much.

To suggest that you or anyone else who hasn’t helped enough is culpable for poverty is ludicrous and insulting. Ethics are not algebraic. Not succoring is NOT the same as injuring. Otherwise, YOU would be responsible for killing my wife (long passed from complications of diabetes) for not providing the kidneys and pancreas that could have saved her sooner. Well… maybe you and she were poor tissue matches, so you’re off the hook for her. You killed some other innocent stranger instead.

See how twisted that is? I hope you continue to enjoy your ridiculous contrived artificial guilt, and if I can do anything to aggravate the condition let me know.
180916NQ

 

Well [ bless your heart ]

“Never go fishing with strangers who call you ‘Chum'”
(16 November 2016)   
Some people are way too friendly way too fast. It puts me right off. You’ve probably had one at some time or another — classmate, coworker, neighbor, who knows…?  Somehow or other you instantly became this guy’s best friend. He always seems to be standing a little too close and acts a little too interested. This sets off important alarms. Why is this guy so desperate for friends? What does he really want? Why is he still bothering me?
Okeh, I seriously don’t think most fishermen are out to chop you up and use you for bait. Most people are generally decent, kind, compassionate, even generous. Even fishermen. One on one, that is. Get them into large anonymous groups though, like lynch mobs or plebiscites, and they can get downright vicious.
So… go ahead. Go fishing, as long as it looks to be a manageable crowd.

“It’s Easy, You Just…”    (14 January 2018)
Please.
Stop. Right. There.
I asked for help. I asked for directions. “It’s easy,” is a declarative statement, and a subjective one at that. I was hoping for imperative statements, along the lines of “Connect the blue wire to the red post,” or “Hold down the CTRL key and the ALT key, and press the DEL key.”
“It’s easy” doesn’t tell me what to do, it tells me how you feel about it. If it were “easy,” I’d already be doing it. “It’s easy” tells me you feel smug, superior, and maybe a little bit sad to realize how stupid I am. I already feel awkward, that’s why I’m asking for help. Telling me that it’s easy doesn’t tell me which wire to cut or which key to press.
And “just?” I’ve never been able to “just” do anything in my life.
Who does? No preparation? No thought, no study, no planning?
No consideration of consequences or exploration of alternatives?
Phil Knight has a lot to answer for.

“Ya Wanna Rethink That?”   2 April 2018
All that glitters is not gold.” 
That’s an equation, and “is” sits right in the center where the equals sign belongs. The set “all that glitters” is the same as the set “not gold.” Gold glitters. Therefore gold is not gold.
“Your right to swing your fist ends where my nose begins.”  Be real careful with this one. My Aspy friends might think you’re giving them permission to hammer your nose flat, just so long as no punch passes the point at which your nose BEGINS, somewhere inside your face.
“Don’t throw the baby out with the bathwater!” As the great and wise Tom Woods once asked, “But what if it’s a DEMON baby?” Sometimes, the bathwater is the best part of the mix. Not everything should be saved. As the greater and wiser Ron Paul once remarked, if people are so concerned with replacing Obamacare, how come they never ask their cancer surgeon, “Sure, you want to remove that tumor, but what are you going to replace it with?”
“It’s all good!”  This is perfect rubbish! If it were all good there would never be any need for toilet paper, tampons, or tourniquets.

16 September, 2018 —  Are you concerned about drugs and alcohol?
Are you courteous to people and strangers?
Do you enjoy sports and football?
Do you like food and biscuits?

“The Beginning of Wisdom”   6 April, 2019  Insofar as it has been said that to call things by their proper names is the beginning of wisdom, I find it laudatory (and not just as a reformed terrorist myself — Strategic Air Command, 1977-1979) that our State Department has seen fit to designate Iran’s “Revolutionary Guard” as a terror organization.  It is fitting. Just like SAC‘s, the IRGC’s mission is to bolster the allies and destabilize the adversaries of its sponsor government. Though I never got in on any of the actual killing myself, I am well aware that the presence of US jets in foreign skies evoked memories among many of the bombings and strafings that my cadre inflicted on the people and jungles of Southeast Asia.  In light of this new candor in government, can we look forward to more honesty? May we now refer to the deep state as The Occupation, the legislature as interfering buttinskies, the President as Puppet-in-Chief, and the IRS as a band of thieves?

Smart phone and mine safety

15 September 2018

Owners of Apple and Samsung “smart phones” can take pride in their contributions to the betterment of Congolese cobalt miners. The material properties of cobalt apparently make it a suitable heat sink for the energetic lithium batteries that many are now carrying. From our comfortable “First World” perspective of abundance, security, and opportunity we are readily appalled by the primitive work conditions and risks involved and we are quick to pity the struggling laborers in cobalt rich Kolwezi.

The (arguably) “well-meaning” left will campaign loudly and passionately for “fair trade,” “ethical sourcing,” and “environmental responsibility,” but they neglect their history. Every successful free market society is descended from earlier ages when things got cold and hungry a lot. Through hard arduous often dangerous work, free exchange, and capital accumulation, each society eventually achieved a level of affluence that allowed it to spend more on safety, leisure, health, and education.

Until then, people are going to go into the mines, and maybe even sell their safety equipment if they can get a good price for it. It often means the difference between eating or not. Clumsy attempts to “regulate” international markets, impose minimum wages, or otherwise restrict free association and free trade condemns millions to short and painful lives of penury and privation.

“Greedy capitalists” did not create child labor.
Hunger created child labor.
“Greedy capitalists” cure hunger.

These comments are sponsored by The Confederate Mint (purveyors of metallic securities in gold, silver, copper, and lead).  For sample sheets of Metallic Certificates (total face value One Tenth Silver Dollar) send One Silver Dime plus a self-addressed stamped envelope; or Four United States Legal Tender Federal Reserve “Dollars” in scrip, check, or money order, to Greigh Area Associates, c/o Gene Greigh //  401 Rio Concho Drive, #105;  San Angelo, Texas;  76903