We Have Another Fan

[wserra]

http://fskrealityguide.blogspot.com/201 ... state.html

A pretty good rant. Perhaps one day the author will actually read the site.

[Famspear]

I notice that he doesn't like Liberty Dollars:

http://fskrealityguide.blogspot.com/200 ... -scam.html

[Number Six]

He tortures the english language to make his hackneyed points. Another *ss clown looking for notoriety.

[Imalawman]

Ha, only tax protestors call me a socialist and statist. I wonder what it's like to live in a world where everyone is out to get you and you're the only one that knows the truth. Got to be a drag.

[Judge Roy Bean]

A Rothbardian dreamer.

[iplawyer]

And he doesn't know squat about Copyright law either.
http://fskrealityguide.blogspot.com/201 ... t-law.html
Of course "The Wind Done Gone" is readily available from Amazon. Margaret Mitchel's estate lost on appeal and settled quickly after that loss. It is a parody - and parodies are allowed.

Of course unauthorized sequels using the exact characters and plots are not allowed when not presented as a parody.

Geesh.

[notorial dissent]

It would seem that FSK is very easily offended, or else takes offense at everything, can’t quite decide which it is.

Right off the bat we get the standard

When a "tax protester" loses in court, that doesn't prove his arguments are wrong. It just proves how corrupt the State "justice" system is. Judges are pretty consistent in ruling against people who want freedom. Taxation is a key component of the State extortion racket.

which pretty well sums up his standing, thoughts, and ideas on the subject.

He is apparently smart enough to have figured out the “if you use standard tax protester arguments in court you are going to lose” part, if for all the wrong reasons. He just isn’t smart enough to take it to the next level, that the reason you lose is that the arguments are just plain WRONG!!!!

Otherwise, nothing new or unusual other than the delusion that somehow Quatloos is in cahoots with the gov’t, and that isn’t really new or original either.

I’m amazed that he actually saw through the Liberty BS considering how blind sided he is about everything else, but then it too offended him.

[Famspear]

I’m amazed that he actually saw through the Liberty BS considering how blind sided he is about everything else, but then it too offended him.

He's like a monkey with a paint brush. Eventually, almost accidentally, he may get something right.

[Famspear]

FSK writes:

I'm very offended by the quatloos website. That website celebrates whenever a "tax protester" is convicted. It's pretty severe pro-State trolling.

I find the quatloos website offensive exactly the same way that the police would be offended by a website that celebrated police deaths. The quatloos website is celebrating economic terrorism. A person's life is ruined by something that isn't a crime according to natural law.

OK, let's see now, celebrating the conviction of a criminal, in FSK's mind, equals "pro-State trolling."

And celebrating the conviction of tax scammers is essentially equivalent, in terms of its "offensiveness" to FSK, to celebrating police deaths.

And taxation is "economic terrorism" in his mind.

And tax crimes aren't "crimes" under what he believes to be "natural law."

This is a fellow with only, at best, a tenuous grasp of the concept of natural law. Perhaps he should consult the real experts on natural law -- our Founding Fathers -- and see what kind of legal and political system they devised under their theory of natural law. It's a system that includes the imposition of taxes. Even George Washington used the militia to enforce tax laws.

[notorial dissent]

Famspear, i have to agree whole heartedly with the monkey analogy, fits to a tee.

I would say that not has he a tenuous grasp of natural law, but of reality as well. Now don't go attempting to confuse him with reality, it'll just get him offended again.

I would say, in fact, pretty generally clueless on all fronts.

[The Operative]

I also agree. He cannot even make a simple nine sentence post without getting at least one fact or concept wrong.

[Harvester]

Ha, only tax protestors call me a socialist and statist. I wonder what it's like to live in a world where everyone is out to get you and you're the only one that knows the truth.

HA! he's not the only one.

It does appear Bernard tugged a little too hard on Superman's cape. But now that Liberty Dollars are minted, it ain't illegal to own 'em. And at the rate we're headed (silver now @ $32.66 Famspire!), they'll soon be worth more than face value. Some of us know silver & gold will always be money.

[Famspear]

.....And at the rate we're headed (silver now @ $32.66 Famspire!), they'll soon be worth more than face value. Some of us know silver & gold will always be money.

If a gold or silver coin becomes worth more than its face value, it won't be treated as money any more -- at least, not by anyone with half a brain.



I find the subject boring. I would note, however, that Harvester and those of his ilk who rant and rave about money and banking really don't understand these concepts.

[notorial dissent]

-- at least, not by anyone with half a brain.

Therein lies the problem for our poor dear Hampster.

Currently the likelihood of a gold or silver coin not being worth more than face value is pretty slim to nonexistent. At this point all of the bullion coins available are worth considerably more than their face values, and are / were not intended to be used as money. I realize this is a difficult concept for the Hampster to deal with, but then reality is what it is.

The concept that money, be it platinum, gold, silver, or paper is just another commodity is and its value lies in what it can / will buy rather than what itself might be worth is just beyond his comprehension.

[Pottapaug1938]

Currently the likelihood of a gold or silver coin not being worth more than face value is pretty slim to nonexistent. At this point all of the bullion coins available are worth considerably more than their face values, and are / were not intended to be used as money. I realize this is a difficult concept for the Hampster to deal with, but then reality is what it is.

The concept that money, be it platinum, gold, silver, or paper is just another commodity is and its value lies in what it can / will buy rather than what itself might be worth is just beyond his comprehension.[/b][/color]

The problem is also that Hampster dreams longingly of halcyon days in the past when gold and silver circulated as money. The cold, hard economic realities as to why every country in the world abandoned first gold and then silver as circulating money or as backing for it spoil the warm, fuzzy feelings those dreams give him; so they must be ignored or discredited, in his mind -- such as it is.

[notorial dissent]

In an era when if you left an estate of $50 or £50 depending on the time frame, you were leaving a sizeable estate, and that silver dollar was scarce, and had a lot of value and meaning. When the country first started minting money, there was not a lot of coin, or currency, for that matter, in circulation, and the majority of transactions were trade or barter. So someone who had managed to accumulate $50 or $100 over the course of his life was a fairly wealthy man for the time.

If on the other hand, you waited say another 50 or 100 years, that $100 wouldn’t be worth quite so much and they wouldn’t be considered particularly wealthy, certainly better off than the average person, but not wealthy, and yet that same $1 coin would have had the same, or nearly the same amount of silver in it that it had 50 years before.

Wait another 50-75 years, and that silver dollar still weighs pretty much the same as it did 100 years ago, but it is not worth anywhere near what it was then, not when eggs might be going for .50¢a piece depending on where you were at the time.

We get into relatively modern times, and that $1 might buy you a hamburger and a soda.

Same $1 silver coin, still weighs about the same as it did when they first started making them back in 1789, yet not the same “value” at all. The difference is in how long it took to earn / save that $1.

In simplest form our early coinage was basically intended to be a certified commodity, i.e. a specified, fixed amount of a commodity, silver that could be passed around without having to worry about the content and value. The gov’t was certifying that the coin effectively contained $1 of silver in it, or later a specified amount of gold in the gold coins. For the most part, people didn’t walk around with large amounts of change in their pockets for the simple reason that they didn’t have it, and that was why a child getting a penny as a present was a big deal, even the pennies were scarce. Businesses would have dealt in a certain amount of coin and currency, but by and large the average person did not. So, at that point in time it made sense to park a fair amount of value in a specie coin since they were not in all that general a circulation, but when the economy went from barter to what we have now it ceased to make sense to carry around large amounts of coin to do business, and the precious metal became worth more than the coins it could be made in to.

So where / what is the “magic” in this, I don’t see it. Hampster’s delusions not withstanding, I don’t see it. The Hampster is basically remembering a time and a reality, that simply never existed in the first place.

[Gregg]

The price of a loaf of bread as expressed in time as money. A hundred years ago, it would have taken me a few hours of my labor to make a loaf of bread. Grow and mill the wheat, prepare the fuel to bake it, capitalize the overhead of an oven and baking implements, make the actual dough and bake it.... now, at $2 a loaf, it's worth 15 minutes of the minimum wage give or take, and the minimum wage is a fraction of what minimum market wage rates of 100 years ago for an adult. (labor commonly done by children or slaves has a whole different, much more complicated and for this example irrelevant computation for this). My point is, of course, most of this is because we are a helluva lot more efficient at how we bake bread now, (nationalization of (today globalization) of economic spheres does that, sorry Buzmali) and if you take out increases of productivity, there's not much left that can be called "inflation" and nil of that can be attributed to fractional reserve banking. And converting the conservative figure of 3 hours total outputs for a loaf of bread, and $8 an hour minimum wage, a loaf of bread is still a relative bargain until silver gets to $24 an once.

WOW, I guess building cars hasn't totally erased my mind and I still got some Econ cred afterall, at least until someone points out some obvious screw up in that

[Gregg]

i one thing say;
"Whatever the case, the term FederalReserveNote! has come to denote a fictional currency, having no real value whatsoever"

I dunno, I just used a few to pick up a bag of groceries, filled a fuel tank on 3 cars today, I got new shoes.....a check good for $40,000 and change of them to buy a new car...
Which begs the question, what do YOU use to buy food, bus fair, soap? (if you use soap)

If they're so fictional to you, tell ya what, you send me all you can get your hands on and I'll pay you back half the face value of them in the current day's rate for silver in bullion.

I thought you'd see it my way.

[Famspear]

food stamps mostly. but i see future Greeg, read lines on face, you not prepare. Big muney crash comin - not just America. You wish full readiing?

It doesn't take a psychic to predict that financial collapse is on the way.

It is undeniable that we are on the path to fiscal collapse. This decline will occur in two stages. First there is the decay as the swelling national debt wears away the economy’s foundations and commits more and more future income to foreign creditors. We are already in stage one.......

--from Martin A. Sullivan, "Fiscal Crisis, Part 1: The Slow Descent to Second-Class Status," Tax Notes, Nov. 1, 2010.

Marty Sullivan (B.A., Harvard Univ.; Ph.D., Northwestern Univ.) is an economist, formerly at the U.S. Treasury Department and at the U.S. Joint Committee on Taxation.

[bmielke]

i one thing say;
"Whatever the case, the term FederalReserveNote! has come to denote a fictional currency, having no real value whatsoever"

This coming from the guy who is buying Iraqi Dinars.