And this next is really important - money is totally fiat - that is, MONEY'S VALUE IS ASSUMED, NOT WEIGHED.

The scary part about all of this is that the scenario of The Fifth Element was supposed to be futuristic fiction, but it is real, today.

Today, we pretend that our money has value. Instead, the value of our money is determined by what bettors hope it will buy. That's not the way money needs to be. Money needs to be, on average, the value against which everything else is judged, not the other way around, as Keynes pretended it to be.

Now consider the biggest business of all - Banking.

Banks deal in debt. It's how money-lenders have made money down through the milleniæ. That, in itself, is a good thing - capitalism at its best: Lend value at interest. Borrow value. Create value which equals debt plus interest, or value plus value. Value is increased for both lender and borrower.

Small banks, small businesses work exactly like this.

But if the banks are big enough, THEY determine the value of their value. The resulting temptation to adulterate their money (their value, if you will) is too great, and inflation is the result. Or depression. So the big banks have adulterated the money (greenbacks not based on precious metals) and have to PRETEND that their adulterated money has a value greater than paper. The bigger the organization, the more people you can fool. The bigger the organization, the more likely to be intimately involved with big government, and the more likely big government

What you are seeing on your TV or computer, is the howling of very big banks and federal bankers at the non-Progressives who want to see them operate with real money. THEY will be very hurt, if the borrowing ceiling is not raised. We may be inconvenienced, if we've invested conservatively, but THEY WILL BE VERY,VERY HURT. They haven't had time to recapture their bad loans, and make up for stupid decisions, and they still need time to raise money for their future operations.

And don't be misled. S&P, Moody's, and other ratings services are simply tools of these bankers. They will be honest ONLY when it benefits THEM.

Now, South Carolina's debt is not dependent on the Federal government, regardless of what you hear. We have and will pay our bills - we have a balanced law. The only credibility lost, if these rating services downgrade our debt, is the credibility of those services themselves.

July 20, 2011
"'Necessity' is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves."
-William Pitt, the younger.

"All power tends to corrupt and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority..."
-John Emerich Edward Dalberg-Acton, Lord Acton, (1st Baron of Acton)

"Extensive powers not exercised as far as was necessary have, I believe, scarcely ever failed to ruin the possessor.
-George Washington

July 19, 2011
Brits on a Spit
Fact-finding parliamentary inquiry? Nah. Just a bunch of corrupt politicians trying to score political points. Watching the various parties' Politicians refuse to ask the person in Murdoch's company who actually knew the little bits of what went on, showed, plenteously, that portions of England's parliament are as corrupt and time wasting as the American Progressives in Congress. It also clearly shows that British politicians don't know how large international corporations work.

It's also evident that they are discussing events which occurred years ago. In addition, there was a visceral hatred of Australians (not just Murdoch) that were manifested, today, by Labour and Scottish MPs. This is not to excuse anything done wrong by London's News of The World (now shut) or any other part of News Corporation.

It was fun listening to all the different British accents, though. BS sounds so much more entertaining with a fine Scottish accent.

Profiles in Cowardice
If there is one phrase which America needs to embrace, it has to be, "Stop spending." But there are problems.

Because of their inveterate cowardice, politicians have a deep-seeded need to chain voting groups to themselves. They justify this cowardice by saying they're doing what they have to do in order to "help" or to "save" one voting group or another. The result is that Congress has promised too much to match the dependency they need to create, in order to feel secure.

And it really is that simple.

Now comes the Taxed Enough Already folks who have tried to remind these same cowardly lions that they have promised to much. Literally half the country contributes only to social security and medicare - and that number is FALLING because of more promises by the cowards of Congress.

We have been consistent on both matters, pointing out from the beginning, and almost every month since, these same pathologies exhibited by mostly Progressives and some Republicans. The only difference between pedophiles and most politicians is that most politicians predate everyone, not just children. Most psychiatric pathological evaluation points to the attempt to achieve sexual pleasure by dominance over helpless individuals. In Pedophiles, its pre-pubescent children In Hebephiles, it's early pubescent children. The proposed DSM-V classifies the disease as Pedohebephilia - an interpersonal psychiatric pathology. Political power is the same kind of animal. Clinically, this may be the scientific justification of Acton's Axiom.

So, to begin with, most politicians are, by nature, social deviants. Social abuse by people such as Harry Reid, Chuck Schumer, Dick Durbin, Jesse Jackson is frequent and notable, and to get to where they can exercise the most power and be the most intimidating, they promise their "base" monetary benefits they cannot possibly deliver on. Except for a very few, the "base" these people depend on contribute nothing to the society and drain the society. You know these people - they're the ones who dropped out of high school, thinking they could get a good job, anyway. They're the ones who, when bad luck came to their door, after they had mourned whatever loss it was, slumped back instead of raising to the challenge. They're the ones who didn't bother to return even a little bit of the loan you gave them. People with absentee fathers and coked-up mothers or absentee sons and daughters.

Only half of this nation pays taxes. You want to talk about "fairness"? Talk about that.

Of course, there are people with genuine bad luck, and churches, synagogues, and voluntary social organizations COULD take care of those, but thanks to the social deviants in the progressive movement, it's now easier to lie and say we're ALL helping. Problem is, only half of us are helping, and the lies are being ignored, as the number of helpers dwindles.

To sum up, the American citizen is dealing with a bunch of perverts in government and media who are addicted to their power and the lies they've told to maintain that power and too cowardly to try to improve themseves.

As a society, then, how do we deal with perverts, liars, and addicts? We get those people as far away from us as we can afford. We gather to us people such as Jim DeMint, Herman Cain, Paul Ryan, Rand Paul, statesmen whose aim is to protect the rule of law.

And, for the others, I still like shunning as a remedy. We get that chance in 2012. And it may well be the end of the world for either the progressives or us.

And One Other Thing: Regardless of what we do with the debt ceiling, Moody's and S & P will probably downgrade US debt, anyway. My sources are saying that the President has lost the faith of most rating agencies by using their bullying tactics on them.

July 18, 2011
Sunday Fantasies
If you saw Chris Wallace's Fox News Sunday, and heard Congressman Chris van Hollen (D), then you know why Progressives have put the country in such bad shape over these past four years. Here's a grown man trying to argue politics when faced with economic problems. Kind of like discussing a leak in your john boat (Jawn BO-uht - a Lowcountry pirot or duck boat with flat, but slightly wider, bow and stern), instead of fixing it.

van Hollen let slip that Progressives want to tax small businesses because that's where the real money is. They just don't want to say it in public, and he didn't mean to say it, but he did, and that's that. Small business also happens to be where most of the jobs are created. When I owned my own businesses, I created 14 jobs. I can remember having to fire people because of tax increases by both Nixon AND Carter. And both Presidents thought they were helping the economy!

My companies, together, grossed nearly a million dollars. But after expenses, travel, and salaries, there was only about 270K a year, left, and that was thrown into a hardship fund. When the Nixon/Ford tax hit, I had to fire people, because my companies, together, were considered "rich," and my hardship fund was bled dry.

Now, I'm not saying that's what's going to happen this time to every small business, because each business is an individual entity with separate challenges. But it will happen, one way or another. THAT's why small businesses are afraid to invest in Obama's America.

In the back of the minds of MANY citizens in this country is the threat that an America in chains is a place to emigrate from. So, we retired most of the Republicans responsible. But, if we want the US to remain a good place to live, we must remain solvent. That means Progressives must be STOPPED from spending. And, frankly, that means they need to be sent home for good. But in the meantime, we need to continue to push Obama and his prostitutes in DC to show just how shallow and economically threatening he is.

July 17, 2011
The Uber-Spenders Are Our Enemies
Don't be mislead. RAISING our national debt ceiling WILL NOT insure the safety of our credit rating.

Of course you're not going to hear that from the "LAMERS" (lame, mainstream media outlets.) They have too much invested in government loans (NBC, MSNBC, CNBC), government friends (NYT, ABC, Disney, Gannett), or ego (CBS, ESPN.)

The ONLY thing that will insure our credit is to STOP SPENDING. No more corporate welfare - no more welfare babies, no more public housing, no more Medicaid except for dire, dire emergencies. We spend ONLY what we take in. But first, we need to pay back the money we've borrowed from the elderly and promised to the insured sick. And we MUST implement a tax that EVERYONE PAYS.

It's time to vote out EVERYONE who cannot line up behind people like Jim DeMint and Paul Ryan. We cannot afford anything less.

July 15, 2011
Pestilence as Political Theatre
Have you noticed how the national press has allowed the Progressives to reverse the discussion, saying the non-Progressives, especially the Republicans, are irresponsible and don't want the US to be solvent? Can you imagine? They steal our money and then call us irresponsible because we won't forge them for it!

Please remember, it was the conservatives of all stripes, including Republicans, who first showed how irresponsible the Progressives - Obama included - were, by their reckless spending, especially their mindless stimulus and irresponsible nationalizing health takeover bill.

Well, now, they have trotted out Timothy Geithner to lie some more for them.

What he said about the debt ceiling is, simply, false. He is lying, just as he lied to President Bush. Our Money is worthless, and only the thin patina of imagination of our international banks and our powerful army are holding it up.

There is still time to put Obama and his clowns in their place - on a plane back to Chicago. Don't be misled.

Oh, and Bill O'Reilly is wrong about this. But, at least, he has an excuse. He still thinks our money is worth something. I'm just sayin'..

July 14, 2011
27 years ago, Today..
My best friend and I got married at a beautiful Church ceremony in the Upstate. I know it was a marriage because we couldn't afford a civil union. And we've been happily married and uncivilly ceremonious ever since. Happy Bastille Day, Too!

In the Mood-y's
Moody's Bond Rating Service DID NOT SAY they were lowering our debt rating if we didn't raise our debt ceiling. They specifically said they were looking at our ability to HANDLE our debt - not even the same thing. Bloomberg's headline and first half of their story is a little misleading. Read all the way down and it becomes quite evident that, when it comes to economics, it is the Progressives who are too scared to potty alone, metaphorically speaking. They can definitely see the dark figures, waiting for them, at the end of the poorly lit lane. Waiting. Waiting.

July 13, 2011
Quaem Queritas?
We all know that Mitch McConnell is a conservative. We also know that he is a brilliant politician. We also know that Obama has steadfastly REFUSED, for two years, to do his constitutional duty and lay out a budget. But, if McConnell's plan to throw, short-term, the total budget responsibility onto the shoulders of a president passes, it could spell doom for Our Republic.

Remember, that the average life of a republic from conception to ruin is about 200 years. The US is about 35 years older than the average. Already, we are seeing the impirafication [new word: making of a republic into a dictatorship or monarchy (from Latin - imperator. Roman generals were always feared as possible dictators, for good reason)] of The United States.

Quick history lesson: The Romans kept trying to solve problems of inflation/deflation cycle in both politics and the economy. The final result was the voting of too much power to one person. By doing this, Rome sealed its doom from without and within as people lost faith in the strength of Roman power and justice.

People have already lost faith in the government of the US, both without and within. It is a legacy of every President, from Wilson to W; and Obama, whatever he is, has done everything in his power to increase this lack of faith. Now, with the power of the purse transferred to the office of the President, even if for a short amount of time, a precedent will be set, even more dangerous than the bureaucracy which confuses and manipulates most of this country.

Yes, the bureaucracy must be ended, too. But more importantly, the precedent of consolidating monetary functions and obligations into one arm of government, alone, is historically dangerous and should not be allowed. Great politics. Very, very, very bad government.

So, whom do we seek for relief from our monetary damnation? The guy who will give us a quick fix? a political gotcha? Or do we admit our sins, dig down deep, and admit that Obama is not "the Way," and that we need to follow our own, enlightened self-interest - have Jim DeMint, Ran Paul, Paul Ryan, Marco Rubio, and Herman Cain as our spokespersons.

Another Thing
News Corp has a bad child. They have killed their bad child. But how much worse is News Corps than, say, The New York Times, when they printed the stolen government documents. Both stole their information and neither were right. But the NYT is still around, while The World is dead, and News Corp can't buy back all of its stock in BSkyB.

One More Thing
If the NLRB is so honest, why do you think they won't release the emails and paperwork surrounding the Boeing-South Carolina case? Do I REALLY have to explain this?

GO ASK ALICE, MMKAY?
Cheshire Cat: If I were looking for a white rabbit, I'd ask the Mad Hatter.
Alice: The Mad Hatter? Oh, no no no...
Cheshire Cat: Or, you could ask the March Hare, in that direction.
Alice: Oh, thank you. I think I'll see him...
Cheshire Cat: Of course, he's mad, too.
Alice: But I don't want to go among mad people.
Cheshire Cat: Oh, you can't help that. Most everyone's mad here. - You may have noticed that I'm not all there myself.

That's the classical version. Here's the modern version:

Obama: If I were looking for economic answers, I'd ask Tim Geithner.
Alice: Tim Geithner? Oh, no no no...
Obama: Or, you could ask Ben Bernanke, in that direction.
Alice: Oh, thank you. I think I'll see him...
Obama: Of course, he's mad, too.
Alice: But I don't want to go among mad people.
Obama: Oh, you can't help that. Most everyone's mad here. - You may have noticed that I'm not all there myself.

Not much change..

July 12, 2011
Laying Yet Another Trap
Every pundit I listen to - which is three - is warning that the Progressives are setting a trap for Republicans. And unlike most of what they do, this one might work.

It's simple. The Republicans, operating from a ethical point of view, have declared that there will be absolutely no tax increases in the budget battle, and there probably shouldn't be a raising of the debt ceiling, either.

So, what are the Progressives doing? They are using their megaphone, the mainstream media, in an effort to make Republicans look unreasonable. All they have to do is just agree to one or two little tax increases and everybody can declare a win and go home.

Isn't compromise what Congress is all about? - say the Progressives, who have trouble discerning what an "ethic" is, anyway.

However, if, in a fit of cooperation, the Republicans agree to an increase in even a tax on bubblegum, it will be enough to ruin them.

The people sent the Conservatives to Congress to do only a few things. One of them was to cut spending, NOT raise taxes. The Progressives know that for Re4publicans, even a tax on bubblegum would lead to disaster, much less, raising on the debt ceiling.

Fortunately. all the Conservatives have to do is stick together, focus on their purpose, remember their ethics, and realize that whatever the Progressives say, all they really mean is that they're scared to death that, just as they've impoverished the nation, the voters they've created can't be bought because they've lost their federal credit card.

July 10, 2011
The New New New New Progressives
Trying to rise from one of the stupidest Senatorial campaigns in Palmetto State history, the silly people in the Progressive party are now trying to rebrand their same old "lame 'n' blame" politics by calling themselves, "The South Carolina New Progressives." But when you listen to Phil Noble from the country of Charleston (and yes, it IS another country. I know. Our people are from there), you know they will fail.

The so-called "reform" group may have been started by a really good man, Gov. Dick Riley, it's adopted all the old, wrong ideas.

The call for "planning" is what's really frightening. What it sounds like is a bunch of elitists, playing chess, with regular SC folks as the pawns. It's like "Ten at the Top," or "Vision 2025," or any other group trying to raise the standard of living without realizing they'll only be raising the cost of living.

It's not that there should not be some planning - such as far-seeing highway construction and decent decentralized, competitive public education - but this five-year Russian-style hogwash will only put us deeper and deeper in debt.

The other really silly idea is that we should be more like one of the PIIGS nations (Portugal, Ireland, Italy, Greece, Spain), who are so pitifully in debt, thanks to their "planning." "Irish Miracle" was based on totally unsound monetary policy. Good intentions. Poor understanding. One can only shake a head in sorrow that the best the Progressives can do is this 1930's socialism espoused by Phil Noble.

They laugh at non-Progressives because they have ideals. Really? Rather, it is the empty man who has no ideals. It is the empty man who operates merely as an opportunist. The empty man creates desperation where there is none.

Our State isn't perfect. And good ideas are always needed. But there is nothing noble about this Progressive, except the name - certainly not with any plan that helps, except to enrich himself and his elitist, liberal friends.

You know.. the kind of people whose "planning" got us into Vietnam..

July 9, 2011
More Bamanamanomics
I don't suppose "I told you so" carries much weight, these days. It seems as if every time Obama, or one of his troupe of silly people, tries one of his tired old ideas which doesn't work, his poor shill comes out before the White House press corps and does a little dance. One almost wonders why none of them explodes from carrying that much dirt.

So, now, we have another go-round. 9.2% unemployment. Surely it's much more than that in the Northern rustbelt and the western liberal states. Over 14-Trillion dollars in an ever-spiralling national debt. 49.8% of Americans who pay no tax at all. People who are here illegally demanding free public services. All because people thought government could solve the problems of life.

Well, it can't. Only a system which can work when everyone is selfish will work. That's unbridled capitalism. It's ugly, and often coarse, but it can also be beautiful, ironic, even salvational. There must be rules, but there can be few rules, and even less government.

And it is doable.

Cowboys and Aliens
Can't wait to see James Bond, Indiana Jones, and Number 13 in a rip-snorting SciFi-western. The premise may be beyond silly, but it's got to be fun. And right now, fun is exactly what we can all use some of.

July 7, 2011
New Book
He already has one best-seller under his belt. This time, Senator Jim DeMint, friend of this column and friend to your pocketbook, writes about the tempestuous two years between the 2008 and 2010 elections.

This candid look at

I'm perpetually amazed that we have a guy representing us who deeply understands what being an American means. Don't take my word for it. Read the book and find out for yourself.

July 6, 2011
Business Channels Getting Dumb?
The silliness of CNBC and Fox Business News has gone past the believability point. You see what they're doing - the "Wow, look how high the DOW is going! Look how bullish the market is!"

It's just plain silly. There is absolutely no real volume to the market. I know I keep harping on this, but eventually, somebody is going to believe me. The Price to Earnings Ratio cannot sustain itself on this pitiful volume. Even if the earnings are valid, the real money ISN'T going into the market. IT'S JUST NOT THERE!

The point is that when the market makes this kind of move, the only people who get hurt are day traders and small traders. To the big-money people who are driving the market, it will be a burp. A thousand point drop won't be peanuts to them, but, it won't be a tragedy, either. People such as George Soros can sweat these falls. Normal people can't.

Why can't the usually hip business channels see this?

Just a little Too Convenient
Don't you find it just a little bit suspicious that the IMF leadership has been changed in such an obviously crude manner? Was it a setup? Our FBI, in the past, has done things just like this to civil rights leaders. The fact that Strauss-Kahn is a French socialist, is being mentioned only for the fact that he probably won't be able to clear things up before he runs for French President on the Socialist ticket.

We know that Tuesday, the daughter of an important Socialist party leader is claiming that Strauss-Kahn tried to assault her. Frankly, if he did, he has no taste. Nevertheless, it seems just a little too convenient for the daughter to bring charges, now that the put-up case against Strauss-Kahn in New York is falling apart.

Yes, he's French, so who cares? Well, the new IMF director is not a socialist, she is an economic fascist - a buddy capitalist, if you will - and she is a real favorite of Obama. That by itself should make anyone with sense suspicious.

We're making no charges, yet. When the investigations are finished, then we will say for sure. 'Til then.. "a wary eye hurts no good man."

July 5, 2011
The Casey Anthony Case Verdict
The State of Florida had no real case. They almost had no body. Anyone with even an idea of the scientific method would have acquitted. We still do not know what happened to the child. But we have never known. And we will probably never know, this side of the Great River.

So It Begins
Remember that we warned you about China's economy being a paper tiger

Moody's is squirming like a four year old needing a potty-call over the possible insolvency of loans to China's local governments. They were quick to point out - as Moody's often does - that they don't really expect anything bad to happen, but why bother with the look-out if nothing is wrong?

Laying Obama's Ego To Rest
Thank you Barack Hussein Obama! You've tried to make America a second rate country! And Bill Clinton was your prophet. In the 1990's, Mr. Nether Regions prophesied that we would need the rest of the world when we lost world supremacy. Now, because of your actions and ideas, we are close to being that third world country, with third world debt, third world science, third world education, and now, a third world space effort.

Until several years from now and a new president, if we want to participate in the glory of manned space flight, we will have to hitch a ride with other countries who were wise enough

Thanks to you, we continue to suffer humiliation in the eyes of the world. Thanks to your relativism, we are in danger of becoming a lesser people. The eyes of our enemies

But the time for honoring yourself, Barack Hussein Obama, your jackboots, and your brown-shirt bully tactics, are coming to an end.

America will rise again. We will regain our honor. We will regain our vision and our purpose. We will forget this time of world humiliation which this creature from a corrupt city has brought upon this land - free of his curse. We do not need this man, nor do we want him, nor his judges, nor his senators, or any other liar that runs with him.

And, in the end, we, alone, We, The People, will be responsible for our own behavior, our own wealth, our own freedom, and our own honor. And we shall be great. Again.

July 4, 2011
God Bless America!

July 1, 2011
..and your little dog, too!!!
Some few people are spending a lot of money to make it look like the stock market is coming back. Do not be fooled. The equivolume (volume of shares versus the amounts gained or lost) is so skinny, it's almost comical. This is a time for super-rich hobbyists, real market timers, and pigs, not bulls and bears. What you are watching is a self fulfilling tragedy in the making.

I'm just sayin'..

A Note From The Heartland
Dear Mr. Obama,
Here's a conversation worth having:
YOU'RE FIRED!
Best regards,
America

Why the invective?

Because the Obama administration has done something so vile that it can only be seen as rotten behavior. His thugs in Homeland Security have actually listed Israel as a country which harbors and protects terrorists.. I kid you not - as Jack Paar used to say.

Fifth Element Chinese Chef saying,
"It says,'YOU ARE FIRED'."

Israel. Terrorist. So Bebe Netanyahu wasn't kidding when he told some friendly people in Washington, people I happen to know, that he was afraid of what Obama was capable of doing.

Indeed.