Fiat Economics

Got a couple of guys trying to convince me that if our government takes on more debt it “somehow” {insert Trickle Down magic math}” increases the wealth of Citizens and or the Nation”

In REAL Life it does exactly the opposite because of several factors

1) Interest costs which apply any time a fiat money nation (Like the USA) prints more dollars without a balancing deposit of value in our treasure in Fort Knox). These can be direct interest, as in we paid an x dollar value to others, or they can be “hidden” interest costs (taken from Citizens spending power by inflation)

Their first example was to claim that if I bought a truck for $50 K I’d gained a truck worth $50 K. This is patently untrue because IRL the vast majority of ppl take out a loan to buy that truck and there are costs involved with that loan; including origination and interest costs 
It’s also patently untrue because IRL the very second you drive that truck off the lot you LOSE ~30% of the value… which loss is unrecoverable. (Yes folks IRL depreciation IS a real, cash, cost. Lost $ is a loss no matter how you obfuscate it with pretty names)

Thus in the Truck example the formula IRL looks like this:

($50k loan) +I%= (<$50k × 0.7)

IRL no matter how you obfuscate it you LOSE $15k PLUS the interest. This simple reality is entirely exclusive of the FACT that, until the loan is paid off in full, if you default you ALSO LOSE every dime you paid in the loan and all the costs of the repossession as an additional debt

Thier second example was a house… which they claim is “different” because it supposedly appreciates. 

The same simple math & facts apply here, but at a higher level of cost

Here’s the cost (loss) structure of a standard 30 yr mortgage at 4%

Now, IF the market gains you that $86k (or more) you’ve won but if the home is repossessed, then IRL you lose that potential gain, the original asset, AND any money you’ve paid out in interest and principal. Thus until the loan is paid in full the loss is very real while the gains are entirely theoretical. Aka: A Net Loss 

Until the loan is paid off in full, that house is a net loss because of the interest required to be paid in addition to the principal and the Fact that you lose ALL the principal paid off of there’s a default & repossession in addition to losing the asset. As with stocks any suppose gains from appreciation are entirely mythical until after the loan is paid in full.

Whether it’s an individual, or a nation, we’re discussing these facts still hold true. Debt NEVER EVER increases wealth.

They tried to claim that a sovereign nation printing money (aka: taking on more debt because it’s fiat money) is “somehow” {insert Trickle Down magic here} a net gain for Citizens while conveniently ignoring the costs of interest payments and any fees involved

Here’s where that is proven to be false

http://www.usdebtclock.org
If you’re paying interest, taking on debt is ALWAYS a Net Loss in and of itself until that loan is paid off in full. To claim otherwise is simply disengenuious… at best.

The DNC “Unity” myth

DNC & MSM uses “crowd shaping” to enforce “unity”

As a preface and for background:

I’ve been an Independent voter since 1984 when I was driven out of the Democratic Party because I refused to “STFU & toe the Party Line” in challenging & refuting the DLC/3rdWay lies being sold then. Prior to that; in 1979 I’d joined the Republican Party thinking it was the Progressive party of Ike. It wasn’t. SMDH it took me until 1981 to figure that out and I then joined the Democratic Party in 1982 in the hopes of finding a political home for my progressive, constitutional views. That failed too as the Democrats had just sold us all out to the DLC (later 3rdWay) for corporate dollars.

Folks, let’s get real for just a minute here. The simple FACT is that our so called elections are rigged. Completely. 

Hillary Clinton & her email lies

This Democratic “Unity” the media keeps insisting upon, so loudly and often, is a perfect example of Goering’s principles of manufacturing “consent” put into practice.

Virginia just proved that these screams of DNC Unity are mythical, if not outright propoganda. 

Here’s the manufacturers of that mythical unity

MSM paid Hillary 

I see Hillary Clinton on offer as a candidate, and having watched her actions over the last 30 years I honestly wouldn’t vote for her with a gun to my head. Just so we’re clear, I mean that quite literally. See, I’m a Navy Vet who took an oath. That oath was to “protect our Constitution from all  enemies Foreign and Domestic”.  It said not one word about protecting the government, nor any word about protecting those who are a part of the government. It also didn’t speak, anywhere, to any duty of protection for corporations who bribe our government. My single current mandate under that oath is to protect our Constitution.

Having watched Hillary & her actions over 30 years now; I’ve noted one thing about her: She has a complete and utter disregard for the law and for our Constitution which that law is drawn from. This disregard for our law is so blatant that I assert it is, or borders on, psychopathy. I’ll let you compare her actions, words, and known, provable, lies for yourself against this check list.

How To Identify A Psychopath 

As further evidence of this assertion I submit the nearly uncountable number of her close associates and confidants, and donors who have gone to prison over the decades for fraud and or blatant corruption (or may be about to). Here’s JUST the Super Delegates who back her and are corrupt. That’s 24 here alone

Where there’s smoke, there’s fire.

Here’s more smoke:

And more:

I offer the full Wikileaks archive of the DNC emails which prove, beyond any reasonable doubt by a sane person, that the DNC did in fact conspire and collude with Hillary Clinton to subvert OUR election process in order to secure her coronation. They even went so far as to use whiteout on our legally cast ballots for Bernie Sanders. 

Wikileaks DNC Archive 

#whiteout2win 

I’m sorry folks, yes Trump is a charlatan, a snake oil salesma, and a carpet bagger. I’ll even go so far as to say that he’s also a liar, by his own admission  in “The Art of the Deal”. I’m pointing to his pride & hubris in claiming to have created negotiation tactics he calley “Creative Truth Telling” which all we sane folk know as LYING.

There are two studies from major, well respected universities which prove, beyond any reasonable doubt, that the primary election for the Democratic Party was rigged.

Here they are

An Electoral System in Crisis

USA dead Last in Fair Elections – Harvard Study 

Electoral Fraud Study – Stanford University 

There are 5 plus lawsuits in process against the Democratic National Party and against State Democratic Parties. Here’s just one:

DNC SUED UNDER R.I.C.O.

With all this preponderance of Evidence and my 54 years of life experience in mind I wrote this piece.

Reply to The Nation magazine request to “Help Fix” The DNC

 It stands as written. I see absolutely nothing in the Democratic Party worth salvaging, so as of the 26th of July 2016 I’m no longer a Democrat and have re-registered Pacific Green Party to vote for Jill Stein. A good part of that decision is from having read quite a bit on the false flag “Trade” Treaty known as T.P.P. which Hillary and Obama essentially wrote to service thier corporate fascist bribers. I regard this fraud as Treason against Our Constitution because it gives corporate fascists the faux right to sue us for any laws they dislike

TPP and TTIP Truth from wikileaks.org 

All told there is nothing which could induce me to cast a vote for either Hillary Clinton or Donald Trump. The oligarchy has made it quite clear by thier actions & rhetoric that this “choice ” for Citizens isn’t any kind of choice at all; rather it’s a threat.

Now, I may not be able to stop them ramming yet another corporate fascist POTUS down my throat, but I’ll be God Damned if I’ll help them by complying in “choosing” between voting for a Shit Sando on White with Mayo, or a Shit Sando on Rye with Thousand

Given that obvious threat I WILL be voting only for a sane, non-corporate owned candidate. Further, I WILL NOT EVER be voting for any down stream candidates who have supported EITHER Trump or Clinton.

To those of you who will choose your convenient blindness to these facts and still demand I comply… my answer in full is “Hell FUCKING NO!”

To those of you who see what I see in both bribbed parties and exit those parties is say “Welcome Friend now let’s find out where our intersections are!”

My mood? It hasn’t changed a bit since the beginning of this election farce cycle. Enjoy!:

Revolution 2016 

Reply to @TheNation request to help fix the “Democratic” Party 



7/22/16  06:41

Got an email today from The Nation magazine asking that I “help fix the Democratic Party” by asking that they eliminate Super Delegates. My first thought was “I just CAN’T even…” then I stepped back and decided that a response was necessary. Even if they don’t read it, there are things which need saying aloud & in Public.

I’ve no reason to believe that the Democratic Party Brass will ever listen to me as I’m not wealthy enough to buy a voice there. What follows still needs to be said. They wouldn’t listen in ’84 when I refused to shut up debunking the DLC/3rdWay  lies they were selling with the Bandwagon Fallacy. They in all likelihood won’t listen now almost 35 years later. Yet the following still needs to be said.

Out. Loud.

So, it took me about an hour & here it is FWIW:


Dear Katrina,

We’ve spoken back and forth over the years, most recently on Quora when we were there.

I appreciate those conversations more than you can know.

I love most of your writing, and I thank you for using your magazine for accurately calling out many of the inequities in Our Nation.

That said I find these pleas to “help fix the Democratic Party” a bit disengenuious because of the actions of the Party, and thier 40 year history of policies servicing thier corporate bribers at the expense of Citizens.

After this election and the treason we’ve seen by DNC during it, which was capped off by thier using whiteout on Sanders ballots in San Diego county; the DNC is dead to me

Whiteout to Win Election Fraud

This one act by the  Party faithful, in and of itself, is serious enough that it SHOULD,  objectively, by the acual words and intent of Our Laws, put everyone who knew about it & did nothing in prison for 10 years or so. Sadly for our once great Nation it won’t.

The simple fact here is that the “Democratic” Party is absolutely intent upon ramming an unfit to govern, blatantly criminal, corporate fascist, War Hog, who can’t even beat her own Stalking Horse, down our throats.

(Cites to back these claims in the link Why Hillary can’t win a legit election)

This, in and of itself, is bad enough for me to never support that viper pit of the Democratic Party in future, yet they further compounded thier hubris by doing all of this to force the coronation of a person who can’t even beat her Stalking Horse,  Donald Trump, in a legitimate election.  Meanwhile Bernie Sanders beats Trump by double digits in almost all polling, and the Democratic Party STILL has the hubris to scream “FEAR THE DRUMPH!!” at us, as if we don’t see thier lies or thier treasons

In my life I’ve watched Hillary Clinton, as FLOTUS, as Senator, and as SOS, either DO or support every single thing she warns us to “Fear from Trump”

So no. I won’t be working to “fix” the Democratic Party. I won’t be donating a single penny to them, and if they don’t nominate a candidate who can actually BEAT the Stalking Horse they scream at us to fear, I’ll likely never vote for one of thier recommend candidates again. The Democratic Party is utterly broken. It was intentionally & maliciously wrecked by Bill & Hillary Clinton servicing the naked corporate fascisim of the DLC and 3rdWay corporate “donors” by selling these frauds to Us for thier own profit. Furthermore, as that sales pitch was going on it became Party Policy to drive out, minimize & silence ALL the Progressive voices in the Party. I was one of those voices in ’84.

More on that: Hillary screwed Us selling the DLC lies

Last but not least is they claim that they’re going to lay the blame at MY feet if this pedantic twit Donald Trump wins while they’re actively ignoring & silencing a candidate who can actually BEAT him by double digits, & worse, are backing a candidate who can barely hold even with him in the polls. This is, quite simply, psychopathic on the part of the DNC and Clinton supporters. I’ll say it outright just so we’re clear:

Blaming Progressives for a Trump win, on ANY level, is utterly insane. The ONLY people at fault, if Trump wins, are those who attempted to ram Hillary Clinton down our throats using the logical fallacies of Bandwagon, Ad Hominem, Tu Quoce, Black or White, and Personal Incredulity,  while actively silencing voters for a candidate WHO ACTUALLY THRASHES HIM IN THE POLLS.

The ONLY people at fault, if Trump wins, are those who scream “Lesser Evil” at us while backing a candidate WHO HAS DONE EVERYTHING they scream at us to fear.

The ONLY people at fault, if Trump wins, are those who actively IGNORE the #DamnedFacts on Hillary Clinton’s actions and float logical fallacies… 

See: Your Guide to Logical Fallacies

 as if those kinds of mind fucks were any sort of legitimate “refutation” of the Facts & History of Hillary Clinton’s actions, and the massive costs of her actions, to our once great nation. 

I will continue to read your magazine, but please refrain from emails to me asking that I help “fix” an intentionally wrecked political party which should, by all rights, be tossed into the dust bin of history. 

Yours in blatant Truth,

Kris Rosvold