Totalitarianism

Juppe And Fillon Clash For Republican Nomination As France Picks Marine Le Pen's Opponent

On Sunday two former prime ministers - Fillon and Juppe - are facing off in a runoff vote for France's center-right presidential nomination, with the victor expected to face a showdown against a resurgent Marine Le Pen in the May 2017 presidential election. Voting opened at 8 a.m. and was set to close at 7 p.m., with the first results likely up to an hour and a half later.

As Maduro Seeks "Best Relations" With Trump, Meet Venezuela's Currency Crisis' Arch-Nemesis

The value of the Venezuelan Bolivar has crashed by 50% in the last two months, breaking above 2000/$ on the black market today for the first time ever. We know this thanks to Gustavo Díaz, a Home Depot employee in central Alabama, who runs one of Venezuela’s most popular and insurgent websites, DolarToday.com, which provides a benchmark exchange rate used by his compatriots to buy and sell black-market dollars.

The Serfs Have Rebelled - Europe Next?

Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. In the main, the serfs are patient and tolerant of their masters, but in a democracy, the establishment behind the state risks being challenged. And that has happened twice this year, first with Brexit and now with Trump in America... but remember the serfs never win, as Hayek recognised.

Stay Alert, America: The Worst Is Yet To Come

Each cut, each attempt to undermine our freedoms, each loss of some critical right - to think freely, to assemble, to speak without fear of being shamed or censored, to raise our children as we see fit, to eat what we want and love who we want, to live as we want - they add up to an immeasurable failure on the part of each and every one of us to stop the descent down that slippery slope. It’s taken us 200 short years to destroy the freedoms our founders worked so hard to secure, and it’s happened with barely a whimper of protest from “we the people.”

Gold Price Skyrockets In India After Currency Ban

"As I write this in the morning of 9th November 2016, there are huge lines forming outside gold shops in India - and gold traded heavily until late into the night yesterday. Depending on who you ask, the retail price of gold has gone up between 15% and 20% within the last 10 hours."

America's "Two-Party System" Has Jumped The Shark

The simple fact is the Two-Party System simply cannot cope with the complex, issue-based reality of America and the world in the 21st Century. It’s old programming that worked when the world was over-simplified by the Cold War into Democracy versus Communism, Freedom versus Totalitarianism, and the Self-Appointed Good versus the Evil Empire. Maybe that’s why the duopoly seems so hot for a new Cold War. The only way their binary system works is if there is a common enemy to turn into America’s common denominator.

The "Deplorables" - Who We Are And What We Want

If you really want to know who we “deplorables” are it’s rather simple - we are the ones who refuse to participate in the operation of the machine. We are the cogs who refuse to cooperate. We will not grease the gears. We will not stoke the furnace. We will stop the whole damn thing in it’s tracks, because, for the sake of future generations, we must.

Negative Rates & The War On Cash, Part 4: "Financial Totalitarianism"

Governments and central banks would very much like to frighten people away from cash, but that only underlines its value under the current circumstances. Cash is king in a deflation. The powers-that-be know that, and would like the available cash to end up concentrated in their own hands rather than spread out to act as seed capital for a bottom-up recovery. Holding on to cash under one’s own control is still going to be a very important option for maintaining freedom of action in an uncertain future.

The American Golden Calf

Time and gradualism can change a system all the way from human liberty to slavery (the animal farm) over a few generations without anyone being aware except a very few, those who ask questions. “America, love it or leave it,” is a tired canard.

Identity Politics = Totalitarianism

Identity politics are the core of every totalitarian state. Identity politics were the beating heart of Nazism, and the core strategy of the USSR's liquidation of kulaks and other groups identified as enemies of the state. The favorite tool of fascists and totalitarian states is identity politics, for obvious reasons. Appealing to ethnic and religious identities fires up our built-in engines of identity and our propensity for "us vs. them" divisions.

Magical Thinking

... the more we embrace and encourage state-directed magical thinking, whether it’s of the monetary or fiscal policy sort, what we are actually doing is opening the city gates to the old evil magic and the alt-priests of fascism and totalitarianism.