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Wednesday, July 26, 2017

Of Pigeons and Pirates

Smoketown Pigeons

Early in the morning,
Smoketown sleeps at last!
But the pigeons from their eyrie
Come and go seeking their repast.
From their Hilltop keep.
They stand watch in their tower
All the town do they see.
But the only thing on their little minds
Is where their next meal may be.
The Tower is their fortress
Its bell is painted white
In flocks they come and go.
Dancing in the air!

Christopher H Holte‏ @CHHolte 7/26/2017

Note: Had to share this before I forgot it!

Pirates Bones

The pirates will come and go
Leaving whale bones mouldering on the beach
With bones of ships & men
Their treasure is an illusion
Vanishing in black smoke
Only trinkets of idle scrimshaw
To tell the tale of men and sail.
Treasure Gone!
They hunted beheameth to near extinction
Then dug the soil seeking His remains
Reveling in gushing poison
Building empires built on oil!
In the ancient game of piracy
The captain's crew comes to town
Promising ease and riches
Spreading paper all around!
Their promises are lies
And those who see their invisible cloth
Find a knife in an alley way.
While the glamoured masses scoff
"It can't be other than a new great day!"
But their promises are hollow
Their king a glibe practiced grifter
Soon they've robbed the town naked
And depart, seeking riches swifter!
Dead men tell a mournful tale
Broken bones, evidence of disease.
Nature recovers but remembers
The land mourns lost virginity.
Rachel weeps.
And animals make their homes
In the ruined bones
castles of extraction
Become pigeon eyres.
Smoketown sleeps
Dreaming disturbing nightmares.

Christopher H Holte‏ @CHHolte 7/26/2017

I had two different thoughts here that kind of meshed in a fugue of analogy. One was from watching the pigeons in my local Church. The other is the pressing weight of our American History.

"Deep State" B.S. And Reality

Conspiracy Mongering "The Deep State"

In reading a book by Mike Lofgren titled "The Deep State," I didn't have high expectations for clear argumentation, despite the blurb claiming that Lofgren was encouraged to write the book by Bill Moyers. Sure enough reading it, it's the same kind of bait the base and blame the usual suspects playing out, except Mike is attacking the establishment! Mike manages to mix into a conspiratorial stew the forces of the media, bureaucracy & government, mixing left and right conspiracy stories to create a completely incoherent narrative.

"Bill Moyers! What were you thinking! I thought you were a progressive?

Anyway, the book became a textbook for both the far left and the far right. It was a text for Jill Stein, Bernie Sanders and the Trump Campaign. Which is why I waded through it in the first place.

This essay is at Bill Moyer's Website:

Thursday, July 20, 2017

Trump Wants Chaika!!!

Yesterday I made the quip that Trump doesn't want a US Style DA. He doesn't want Sessions!

#Trumpenführer wants Chaika!

With the revelations that Natalia Veselnitskaya and other Russians who met with The Trump campaign on June 9th 2016 were working as proxies for Yuri Chaika. You should have heard a mike drop. But you didn't. That was bad enough but then Trump goes to the G20 and has a two hour meeting and a one hour meeting with Putin. Witnesses describe them as having a merry time. That all was worse.

Well today he confirmed that that is what he wants! He spent the evening yesterday criticizing Jeff Sessions for doing his job and for not ending investigations into him, like he was hired to do! Trump wants a General Prosecutor, who will persecute and lock up his enemies, and never, never, look into corruption inside his administration!

Randi Rhodes says he's a schmuck, чмо, she used a different translation, but it's all the same. I'd use stronger language to talk about #Trumpenführer!

Well Who is Chaika???

Torture and Death
Pussy Riot on Chaika

Wednesday, July 19, 2017

Bernie Sanders and Russian Kompromat

I still, kinda sorta, like Bernie Sanders. But he revealed himself to be no Saint Bernard during the election, and so I'm a little alarmed with some of his behavior as he's got a one tracked mind and for other reasons. Last night my suspicions about one piece of the election were confirmed. Though I don't expect him to ever admit it.

Listen to Segment near end of broadcast at Segment 8:37 Pm [ET] 7/18/2017:

Tuesday, July 18, 2017

Drip Drip Drip And A Fraudulent Election is unmasked

Donald Trump is essentially admitting he worked with the Russians.

While the Russian Interference Affair is just the tip of a Vote Suppression, hacking, massive official fraud going on, this fraud is far more than just "opposition research." It threatens the survival of our republic's Democratic features. Increasingly, with the help of databases of personal information and unlimited money for buying politicians, We have people who think they can buy our elections with impunity.

Monday, July 17, 2017

Gresham's "law" versus Sovereign Money

One of the primary historical obstacles to complete economic stability, sovereignty and harmony historically has been the difficulty in economies of the people and their government to establish and hold control over their money supply. The concept of Modern Monetary Theory tries to delink money as a trading tool and measure of value from money as a commodity. However this is only possible in the modern era because the banking system has already done this. For years the so-called "Gresham's law" made it difficult for countries to control their money supply. If countries minted money on cheap coins, merchants would refuse to use them. If they did use them, they would hoard gold and silver and the value of the cheap coins would fall. If they rested their money supply on Gold or Silver by weight, the wealthy would export, hoard, or exploit those commodities as a tool over others. As long as local people are subject to the power of international oligarchs and monied person, disruptions in economics will continue.

For more on this read Robert Mundell's:

Uses and Abuses of Gresham's Law in the History of Money

I go into detail about this in my post:

Gresham's law as a tool of regulation>

Mundell writes:

"The great international currencies--shekels, darics, drachmas, staters, solidi, dinars, ducats, deniers, livres, pounds, dollars--have always been "good" not "bad" money."

"Good money" means that the money is redeemable, holds it's value, and is stable. Not that it is of gold or silver. Mundell also says:

"Bad coins will drive out good only if a change occurs to bring about an excess supply of money. An excess supply of money could result because of a decline in the demand for money. If this occurred in a closed economy, prices would start to rise and the value of the best coins as metal would be higher than their value as money, with the result that the best coins would be withdrawn from circulation until the excess supply of money had been eliminated. If, on the other hand, the economy were open to trade with the rest of the world, the good coins would be sent abroad until the money supply were reduced to its equilibrium level."

Read his article.

Sunday, July 16, 2017

Gresham's law as a Tool of Regulation

Assumption that Commodity Money is "Good Money"

Gresham's law assumes that that more valuable commodities, when used as money, are the "better" money than less valuable commodities. When commodity money is used for trade the more valuable commodity will be driven out of the market. Thus when Gold and silver are both as money, Gold coins tend to disappear first, then silver coins, then copper and paper money. This law is based on the predicate that valuable commodity money is "good money" and that other forms of money are "bad." People have acted on this assumption, and the assumption that money is real wealth, for hundreds of years, and it has led to incredible mischief.

Good Money is really money in circulation backed by the general stock of goods and services it can buy. Gold and Silver are portable commodities that can be used as money. If the economy & rule of law tanks, Gold or silver aren't worth much to starving people, either. Gresham's law is true, but that doesn't imply Gold and silver are always "good money." The General principle is that people tend to hoard portable wealth.