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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (201713)9/11/2006 6:03:22 AM
From: TobagoJack  Read Replies (1) | Respond to of 281500
 
Hello Hawk, <<… which of the main stream religions, in your view, is most responsible for fascism?

Falun Gong??>>


… wrong answer, because historically, common mysticism founded on true absence of moral guidance, devoid of genuine popular support, and led by folks residing in far away places living in a fashion considerably different from that of the faithful cannot, as the ancients would say, “be of political weather”. Given that such mysticism cannot be of political weather, it cannot likely be hijacked for political purposes and be used to form the core constituency of a fascist state (or any other state) of being.

<<you're talking about Italian Fascism … So it has to be Catholicism>>

… Given that you got the question wrong, and so it is only natural that you can believe that Catholicism is the mainstream religion most responsible for fascism.

The correct answer is that fascists are most responsible for fascism.

Now, I enlighten you with an obligatory lecture, given that you have two points against you.

Certain politically motivated, and for the most part slime of history hacks, hijack religions every so often, and the result has never been kind to the poor, weak, disadvantage, young, defenseless, women folks, etc, but, at the bitter end, never been kind to the regime that is founded on any hijacked religion. This process is happening now, all around the world, for all who wish to observe.

<<war crimes tends to motivate folks to lose heart

Isn't that the intent of the terrorists? They don't seem to have any remorse about committing war crimes>>


The intent of the terrorists is to gain hearts. Given that there are more of them today than five years ago, a casual observer can easily conclude that the terrorist intention to gain heart is working.

On the flip side, given that there are less pep in the anti-terrorist coalition today than five years ago, a casual observer can easily conclude that the anti-terrorist intention to gain heart is not working.

Do you have an explanation for the fact, or do you believe the fact is not so?

<<… gold …

That must explain why the US 10 year bond is almost 50 basis points below the Fed Funds rate.. No one wants those nasty US Treasuries because they are being inflated.>>


You apparently see the dumping of US Dollar bills for enthusiasm in purchase of US T-bills.

Let me explain. When a lot of dollars are printed by fiat or created by credit expansion, and the spendthrifts spend, the suppliers of instant gratification are happy to (i) sell the spendthrift stuff for fiat money, (ii) exchange same fiat money for interest bearing paper, (iii) print own fiat cash to offset accumulation of forex reserve in the form of interest bearing paper, (iv) earn interest, (v) invest in own infrastructure, (vi) until the job is no longer profitable in a totality calculation.

The USD, once created, will end up in T-bills, after as many change of hands as necessary. As the USD is created via credit, the quanta of USD will remain until credit destruction time. The T-bill debt will remain, until default, but the phantom asset value puffed into existence by the creation of credit/debt will disappear, as soon as credit destruction gets under way.

One must not mistaken accumulation of T bills by Asian CBs for enthusiasm for investing in the US.

As you acknowledge before, since our first discussion on this very same issue back in 2000 Message 14861804 (November 22nd, 2000) gold has risen a bit against the USD.

Do you know why? And the answer is most assuredly not because folks value the interest that USD pays.

<<And if the US ever defaults on them, then all the gold in the world won't do you any good.. You'll be trying to give it all away in exchange for weapons, food, ammo, and fuel..>>

… if gold fails so, it would be the first time since the beginning of history, and that is unlikely.

Chugs, J