Tuesday, June 10, 2014

Man-Made Laws Are Never Permanent

By Chris Rossini

It's very typical for the political class to believe that their edicts and mandates are somehow permanent.

Paul Krugman puts the mentality on display in his latest blog post. He wonders why Obama is being criticized from all angles. Can't anyone see the magnificence that Obama has bestowed upon the world?
Obama’s signature initiative, health reform, made a stunning comeback from a rocky start and will almost surely be irreversible by the time he leaves office. He’s taken the most important step on environmental policy since the Clean Air Act...If the point of being president is to do things with lasting effect, Obama has delivered.
Here's the truth: If government's actions were really "irreversible" and "lasting" that would be the end of humanity. You and I would not be here sharing these ideas right now.

If there's one thing that is perfectly certain, it's that government is not omnipresent, not omniscient, and certainly not permanent. The Roman Empire is no longer here, neither are the Monguls, nor the Spanish, Portuguese, or British Empires. No doubt they all saw themselves (and their man-made rules) as permanent too. But nothing that is man-made is permanent. The saying "from dust to dust" has been around for so long, yet enough people still can't grasp its truth.

Governments spring up, they loot until they reach the limit, and then the intense desire for survival kicks in to reverse course. If the reversals were never to occur, that would be it! Humanity would be finished. The parasites need the host. The host does not need the parasites.

I always get a kick out of this one: Sometimes, when going on road trips, I'll notice signs along the road that say something like "These grounds have been set aside by the Township of XYX and will be conserved forever." Ha! It always gives me a chuckle.

Here's the downside. While governments and their man-made laws are never permanent, the damage that they inflict on the living is. In the 20th century alone, governments killed 100's of millions of people. That is permanent damage. Those people were not able to live out their lives, and everyone else lost out on the benefits that the deceased could have brought to life.

Death is not the only permanent damage that government inflicts either. The list is extremely long, and the full consequences cannot even be grasped. Fortunately, further damage can all be stopped. It doesn't have to continue. Man's historical climb out of filthy subsistence has been marked with countless episodes of peeling away State power. Early Americans peeled away large swaths of it, and life blossomed like never before.

Obviously, the Krugman's are back, but in no way are their silly schemes "irreversible".

Chris Rossini is author of Set Money Free: What Every American Needs To Know About The Federal Reserve. Follow @chrisrossini on Twitter.


  1. Chris.. I am afraid that I am beginning to take your brilliance 'for granted'...as if it's always going to swoop in and bring everything into perspective.
    Please forgive me , and continue writing these marvelous, inciteful pieces.

  2. What does Krugman care? If he's wrong, he still keeps his teaching position, pension, consulting and speaking fees and job writing economic trash for the dimwits that read him for more than a good laugh. He has zero risk for being wrong, so he can say pretty much what ever he wants -- so long of course as its politically correct.

  3. I met a traveller from an antique land
    Who said: "Two vast and trunkless legs of stone
    Stand in the desert. Near them on the sand,
    Half sunk, a shattered visage lies, whose frown
    And wrinkled lip and sneer of cold command
    Tell that its sculptor well those passions read
    Which yet survive, stamped on these lifeless things,
    The hand that mocked them and the heart that fed.
    And on the pedestal these words appear:
    `My name is Ozymandias, King of Kings:
    Look on my works, ye mighty, and despair!'
    Nothing beside remains. Round the decay
    Of that colossal wreck, boundless and bare,
    The lone and level sands stretch far away."

  4. There be an omnipresent and omniscient God, who in bible prophecy, ordained from eternity past that there be sovereign governments, issuing sovereign currencies, that is in fiat money; and that one day a Ten Toed Kingdom, seen in Daniel 2:25-45, known as the Beast Regime, seen in Revelation 13:1-4, arise out of waves of Club Med sovereign, banking, and corporate insolvency, to rule the world in diktat money, via policies of diktat in every one on the world’s ten regions, and via schemes of debt servitude, in all of mankind’s seven institutions.

    Since 1913, with the creation of the Creature from Jekyll Island, the world has been operating on a debt based money system, and will do so to the end of time. Public debt cannot be repudiated; it will be applied to every man, woman and child on planet earth; furthermore human government cannot be nullified; nor can it be thrown off; it will rule till the advent of Christ.

    With the 1971 Milton Friedman Free To Choose mandate of sovereign currencies implemented by President Nixon, the US Dollar Hegemonic Empire rose in power to replace the British Empire. The most recent empire came to its zenith with the Thursday, June 5, 2014, Mario Draghi, ECB Mandate, of TLTROs and a Negative Interest Rate Policy. His word, will and way is the economic law of the Eurozone, and has pivoted the entire world from liberalism’s economic systems of capitalism, socialism, communism, into the singular economic system of regionalism.

    On Wednesday, June 11, 2014, global debt deflation commenced, as the chart of the EUR/JPY currency carry trade showed a strong turn lower, as the currency traders called the Yen, FXY, higher, and the Euro, FXE, lower, on the failure of trust in the monetary policies of the world central banks to continue to stimulate investment gains, as well as global growth, with the result that investors derisked out of World Stocks, VT, Nation Investment, EFA, Global Financials, IXG, and Dividends Excluding Financials, DTN, and by which the world passed through an inflection point and entered into Kondratieff Winter, the final phase of the Business Cycle, where regional fascist leaders rule in diktat.