Reginald Kaigler is a libertarian vlogger from Flint, Michigan. The first three minutes of this post-election video of his are exceptionally interesting:
Simply put, is he wrong?
Related: A longer version of the same.
Reginald Kaigler is a libertarian vlogger from Flint, Michigan. The first three minutes of this post-election video of his are exceptionally interesting:
Simply put, is he wrong?
Related: A longer version of the same.
A wise man, but he is wrong in saying there is no way out. There is one way and it’s called War. All we need is the strawman and who better than the nice folk that hold most of the debt. Perhaps china sees the same potential threat, which would explain the massive buildup in their own military. Chinese are good at math. War is good for business (for the winners) and the military complex is the only thing not outsourced. No tinfoil hat required when history has shown war following most major recessions.
the essence of this was discussed in my ind. eng class back in the late 70T’s, what is needed here is a war AND large reduction of civil serants and politicians and their staff. I think a nice civil war could accomodate both needs:-))))
@ NME666
A international war is more logical for several reasons. The military complex is distributed throughout the country. If there is to be destruction it’s better to destroy other cities than your own. All entitlements are null and void i.e…a complete reset with no obligations other than possible soup kitchens. All foreign debts are wiped clean for the foreseeable future. You can blame everything on the enemy and are automatically seen as the only hope for survival. (Obama would be replaced quickly as he is not a competent commander in chief). The country would automatically pull together in patriotism. Much more but you can see the advantage….if you were to look through a “Hitlers” eyes.
What we need is war? What brilliant thinking!
And who pays for the “military industrial complex”? Why we do; using more debt.
The only solution is a massive reduction in the size of government at all levels and inflation (Gov. prints more money).
The debt can be reduced to half by inflation over a short period of time. That’s what we did at the end of WW11 to pay off our massive war debt.
In 1949 one could buy a new car for about $1000. By 1958 the price was around $2000.
Brutal for those on fixed pensions but the only way out. And the only way out of those Government pension promises.
And I don’t pretend to be an economist.
Like most libertarians he’s got it right.
I’ve said it many times and I’ll repeat it: Ron Paul is our only hope. Demcad is correct. Dependence on government, the deterioration of the nuclear family, and loss of individual rights is ultimately eroding the free world. When the animals take over the zoo; then “free stuff” trumps “freedom”, all hope is lost.
Ron Paul is right, regardless of argumentum ad populum.
Actually I find this video inspiring…especially because, not in spite of, his race. Yes race, thanks to Obama and the donkey’s emphasis on racial politics..it has become reality.
peterj and NME666 have merely stated the obvious.
tain’t right, tain’t wrong, just is.
He makes some sense as some libertarians do. On the other hand, giving up on the morals issues is a non-starter. His comments about gay families was a nothing more than a hip-shot. I’d have to see where he sourced his stats to say more. He would make a great neighbor. None of ours like to talk politics. Loved his neighbor out raking.
He’s a nice guy; I’d love to chat to him down at the pub…but I suspect that’s as far as his real grip on the complexities that surround us go – chatting down at the pub! If the US “fails” so do we all; will the world let that happen? I doubt it. I do not have the answers I hasten to add.
@ gunney99 at November 12, 2012 2:45 PM
“What we need is war? What brilliant thinking! ”
No …we don’t need a war. We are talking about the only way out. His numbers are correct. What worked in the past can not work now as we have outsourced our manufacturing base except the military complex. The entire foundation to everything that made the country prosperous is missing. There is no longer a way to salvage the economy. We are already over the cliff.
How refreshing to hear this guy. I don’t agree with all he’s saying, but as the other commenters note, we can certainly be friends… 🙂
I’m guessing he’s already seen the movie, “Runaway Slave” , C. L. Bryant.
I wonder how he escaped the socialist programers in the public education system!
I asked the question last week and didn’t get an answer so i”ll try again, what actually happens if a country is unable to pay their debt? Greece has the IMF and ECB taking care of them, but that’s a drop in the bucket compared to the USA. If China and all the other banks were to just say no, what options would the US have? Printing money would simply increase inflation to the point where the entire economy would collapse, so what then?
Are we staring at the end of civilization? Do international borders disappear and we go back to fending for ourselves with a hunter/gatherer society? The government succeeded in making it just hard enough to get and keep guns, that we generally don’t have them. Do we go back to the bow and arrow? Or trapping? How many of us would know how to skin a deer or for that matter build ourselves a shelter and plow a little plot to grow a little food? Is there an app for that?
the thing that bothers me about this guy is that he talks about romney and gay bashing romney never said anything about gay he has alway’s been against gay marrige but not against gay’s he even said he was for civil union with the same equality with respect to benifit’s so on and so forth .
but the point i don’t get is he he talks briefly about crumbling society due to debt …but then say’s stop gay bashing …lol sorry in a once great america, britain,rome,greece …marrige was between men and women who raised up children according to god’s law they intertwinded morallity into thier children ..this is often the part that is over looked by libertarians they do not recognise a need for morallity and when they do it is soooo vague and watered down thier is no point to saying you have morality at all .
libertarians liek the idea of gay’s marring , they encourage the idea of men marrying several women , they think it is noble to see a womna married to her pet horse…they really have no problem with any of it at all “just so long as it isn’t my kids” ….well to bad so sad you want all of that your now getting it ..adn you will see war you will see societies all over the world split and split and split again and civil unread the nashing of teeth ….all in the name of unbridaled freedom.
financially they guy is right ..and since the election i have been syaing this at nauseum ..sorry but our societies were build on christian values anything out side of that is = to building your pillars of sand jesus said it himself yet everyone at some point thinks he is wrong and thier pathetic little selves is right .
you cannot trust humans it is in our sinful human nature to lie cheat steal manipulate decieve so on and so forth we pander to our own sick fetished biases both sides all sides.
I do agree with you @marc in calgary Ron Paul was not the evil jew hating prix that everyone made him out to be same with herman cain they would have been a great ticket together if they won ….herman cain wanted to simplfy and redo the tax code big up to him for that ron paul wanted to return to the gold standard big up for him plus many others …but until this it burnt right to the ground and our great great grand children figure it out it will be what it will be …death ,destruction,fire and brimstone, and all that shit!!
Rick, some of us (many of us) still retain the means and ability to harvest meat for ourselves.
@rick. They (Obama and Bernanke Obama’s sockpuppet) are already printing money electronically currently $60 billion a month in “quantiative easing” and about 70% of the deficit say $910 billion a year, or $76 billion a month. Since Bernanke lent or advanced $16 trillion to the international banks in 2009, printing another $6.5 trillion to balance Obama’s books is easy. Note all this money is imaginary and should create massive inflation, perhaps hyperinflation. The Roman Empire went from cash crop agribiz to subsistence farming in about a generation.
Well, the NYC situation shows what happens with societal breakdown. As for Greece, only a few have reported on the real Hell: with no credit, business grinds to a halt.
What can ensue might be the impossibility of importing necessities such as fuel, medicines, and spare parts for machinery.
Transport of essential materials produced within a country becomes problematic (trucks need fuel and truckers want to be paid).
Usually when a country gets into the death spiral, where it must borrow to service its interest payments on existing debt, capital leaves the country, and hyperinflation is one of the consequences.
As the US dollar remains the world’s major reserve currency that is not a reasonable outcome, which the US Federal Reserve is counting on.
No one really knows what the outcome will be. Presumably over a long enough period the US dollar will be replaced with some combination involving the renminbi and other currencies.
Most of us would die quickly in a hunter/gatherer economy, but in most places we would see collapse down to small-scale agriculture.
Just as at the end of the western Roman Empire, which only took about 50 years.
My grandfather told me about his experiences in the Ontario of his boyhood. It was divided into many small communities, farming communities, which were fairly self-sufficient.
They did need iron for the blacksmith.
Robert said: “Simply put, is he wrong?”
Yes. He’s not wrong about the debt, he’s just failed to grasp the true reach of the scam. Obama is running up the tab, and he’s going to pay it off with inflated dollars. Possibly hyper inflated, where two trillion ends up costing two hundred billion in present day dollars.
That’ll make your $20,000 car cost $200,000. Just move the decimal point. again.
Trouble is, all the other economies in the world are inflating too. So now Obama is stuck in the trap. Its typical smart/stupid thinking, where the Big Guy thinks he’s the only one in the world who is smart.
Bottom line, buy stuff now and pay it off later. Saving is for schmucks. Not sure if that’s sarcasm or reality.
Yes, it was too late decades ago.
People living in rural areas still tend to be fairly self-sufficient and skilled. If you live in or near a big city, now would be an excellent time to leave.
@ Rick
When things get bad enough the real wealth will flee, as there is always another country that welcomes real wealth (gold, silver, diamonds,weapons etc. (See France under Hollande) Countries that are still solvent will no longer sell anything to basket cases with paper money or bonds etc. unless it’s backed up with gold or other tangible assets. At this point in time almost all of Europe is being shored up by Germany as they still have the wealth to help out. Since the stock markets of the free world are all integrated, if the US refused to pay their debts and the free world common trading currency is based on the US dollar the world wide economy would collapse overnight and the US dollar would be worth next to nothing as there is nothing to back up the dollar except the governments word that is has value. The rest is easily explained here:
http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html
Regretably I see the USA going the way of the Balkans….for the same reasons and the same result.
Why war? Because they have forgotten what it was like….and it will not end until they remember/relearn that….
I think he is absolutely correct. There is no way to avoid catastrophe.
The realities of math are going to catch up to the US soon. They are currently borrowing 40% of their expenditures. Pensions, health care and interest are 50% of their outlay with welfare another 12% for 62% altogether. Cutting defence spending won’t help much either as those made jobless by that option would be transferred onto the unemployment/welfare rolls. The government would be paying them less than their salaries but would be receiving nothing in return, ie no planes, ships or tanks and no payroll taxes or corporate taxes.
Before the US could even put $1 to reducing the federal debt they would have to cut the budget by 40%. The three biggest slices of the budget pie are Defence at 24%, Health Care at 22% and Pensions at 22%. If you want to leave Healthcare and Pensions alone you have to cut the military by one quarter and shut down everything else. Healthcare and Pension outlays are growing because every day 10,000 boomers hit retirement age so any reprieve would be temporary.
Adding more taxes will slow the economy causing a second recession which means less tax revenue, more unemployment, more misery.
I’m starting to think that the best thing to happen to the Republican party lately is Romney’s loss last week. When everything collapses the Democrats will be in charge and they will get the blame, just as Bush was blamed for the collapse of the housing bubble even though he had nothing to do with it.
Forget going Galt, go Mennonite if you want to have a full belly and a roof over your head.
I think this guy got Canada mixed up with Greece. Canada’s raised the age of retirement from 65 to 67, which will kick in sometime in the future, but he said it was Greece.
Last time I looked, Greece allowed people to retire at the age of 50 and paid out 14 cheques a year to public servants (sic) — aren’t there only 12 months in a year? — and gave them an annual one-month holiday every year. No wonder they’re totally broke.
America’s heading in the same direction, which will be very bad for Canadians: “It doesn’t matter if the stone hits the pitcher or the pitcher hits the stone, it’s going to be bad for the pitcher.”
Of one thing you can be perfectly certain. The Political class will not hurt for one nano-second.
Even while the walls that support the Nation crumble.
@ batb 4:43
Canada will be dragged into the same vortex no matter how well we are doing now. Consider that almost 40% of our trade is with the USA and almost everything of value in this country is owned by outside interests, mostly Americans. We will have a 6 month window to watch the world unravel before we start our own soup kitchens.
PeterJ @ 5:02pm:
Unless I’m reading the figures incorrectly here, the percentage of Canada’s trade with the U.S. is a LOT MORE than 40% for us: http://www.international.gc.ca/economist-economiste/analysis-analyse/research-recherche/10_pre.aspx?view=d
I’ve watched DEMCAD’s Utube video’s for years. He’s a bit of a geeky clown much of the time and philosophically bang-on most of the time.
All in all a good guy trying to make sense of the Liberal madness while prepping for the inevitable fallout as best as he can.
I totally agree, peterj. We’re screwed. That’s why I was so upset that Obama got “re-elected” (sic). My feeling is that voter fraud on the part of the Dems usurped this election and now we’re all going to pay the piper — and all of the uninformed idiots, many of them acquaintances of mine, who get all of their news from the Toronto Star, the Globe and Mail, the CBC, and CNN, will be gobsmacked at the downward spiral their finances take.
They won’t believe it’s because of the know-nothing, amateur imposter in the White House, aka President Barack Hussein Obama. His re-election is the scandal of the century and will have untold repercussions for decades.
I always knew this moment was coming. Unfortunately, I’ve given away the sweater my mom knit me that I really hated but which I knew would keep me warm when we have to start breaking up the furniture to heat the house.
I also agree with Revnant Dream, that the political class will not hurt for one nano-second. They’ve feathered their nests and will ride this disaster out in their gated communities far from the madding crowds. It’s the poor and the middle class — who Obummer insists he cares for, all the while obliterating the middle class and ensuring that the poor will get poorer — who are going to really suffer.
Marie Antoinette Barack Hussein Obama will be playing golf and drinking Dom Perignon.
The hyperbole is a little over the top. In 1865 the U.S. ripped itself apart. 1 in 26 citizens died from violence and there were competing currencies.
Doomsayers have been talking about collapse for decades. We do seem to be moving into a new era, both culturally and fiscally, so maybe parts of the worry will actually arrive.
I remember buying gold stocks ten years ago because hyperinflation was just around the corner. Gold did go up but the stocks didn’t. Hyperinflation never occurred.
The shortfix on the U.S. deficit is to let the fiscal cliff happen and then get inflation up to 6 or 7% and ta da! Problem is solved. Not THAT zany really.
The video is in a way a kind of disaster porn. We see it so often – “disaster, disaster ….. unless … and unless” and then nothing is done. But
the US is done in its present form. No ifs and buts.
But then same could be said of the Roman Republic ca. 75 BC. Something else emerged, something very unpleasant to the old republicans, something which led to a generation of internecine conflict;
but emerge it did. Collapse came over 600 years later, and it has been argued that the final collapse was caused by the eruption of Islamic pirates and fanatics into the Eastern Mediterranean.
The US has too many enterprising, innovative, and, yes, power-hungry men for it to collapse. What the new US will look like is beyond my ability to predict;
it will perhaps contain three major regional groupings, perhaps loosely federated. It may call itself a democracy but it will likely be an oligarchy.
But the people who will do this can not yet be seen. Perhaps they themselves do not yet know who they are. Caesar has not yet found his calling.
I think the collapse will be fairly slow motion. More and more cities like Detroit, with a large welfare class, decaying infrastructure, little or no services, social or otherwise, and economic stagnation, if that. Interesting to watch Detroit’s evolution or devolution, to see where it goes, and how long it takes.
Of course he’s right.
1913-1914 are the watershed years:
1. Income tax
2. Country wide election of state senators (the final destruction of state sovereignty).
3. The FED. (gubment/bank crime cartel)
4. The US disastrous entry into WW1 after Woodrow Wilson campaigned on keeping America out of the war.
5. The massive ratcheting up of state power resulting from #4.
Ideologically it was the metamorphosis from domestic exceptionalism (preserving liberty at home) to international exceptionalism (the crusadess to make the world “safe for democracy”).
America, the idea, is no more. It had a good long run. The collapse was to be expected. It’s organic. All empires collapse, no exceptions.
Consider that almost 40% of our trade is with the USA
peterj
the USA buys about 80 % of everything Canada produces from petrol to maple syrup
So, both the state controlled dollar and the state itself will collapse. I see this as a good thing, despite to hardships of all those who have hitched their wagons to what was basically an untenable system from the get-go: Central Banking. As long as me and mine can provide a valuable good or service and defend ourselves from the resultant mob of starving obese moochers, what difference if I get paid in silver, grain, veggies or booze? So what if GE and GM go under? Their business models are also unsustainable. Ever seen a car ad that espouses reliability and user-serviceability over status or lifestyle? The masses have been dumbed down to the lowest common denominator, and the masses and those who dumbed them down will reap the fruits of their folly. It’s about time.
There is a way out but the American people are not strong enough to do it.
First, the USA needs to legally mandate balanced budgets.
Second, it needs to enact flat tax legislation across the board with little to no exemptions.
Third, it needs to do what the vlogger noted: cut ALL the govt fat, ALL of its social services, leaving only sufficient military to defend the nation.
If they do that for the next 50 years they may pull through. Otherwise they will be trodden over by the four horses of the apocalypse.
“Ever seen a car ad that espouses reliability and user-serviceability over status or lifestyle?”
~Mike aka FactsWillOut.
Planned Obsolescence:
Origins of planned obsolescence go back at least as far as 1932 with Bernard London’s pamphlet ‘Ending the Depression Through Planned Obsolescence’.
By the late 1950s, planned obsolescence had become a commonly used term for products designed to break easily or to quickly go out of style. In fact, the concept was so widely recognized that in 1959 Volkswagen mocked it in an advertising campaign. While acknowledging the widespread use of planned obsolescence among automobile manufacturers, Volkswagen pitched itself as an alternative. “We do not believe in planned obsolescence”, the ads suggested. “We don’t change a car for the sake of change.”
In 1960, cultural critic Vance Packard published ‘The Waste Makers’, promoted as an exposé of “the systematic attempt of business to make us wasteful, debt-ridden, permanently discontented individuals”.
Our culture has become morally bankrupt, rotten to the core.
Libertines such as Reginald Kaigler can not be supposed to have the answer merely because they can be heard to frame the question coherently.
crjc said>>>People living in rural areas still tend to be fairly self-sufficient and skilled. If you live in or near a big city, now would be an excellent time to leave.
@ Oz,
Yes, strangely enough, the Europeans did better than the Americans wrt auto manufacturing business models for some time, despite the more socialist bent in Europe in general, the old VW bug, Citroen 2CV and older Vovlos being beautiful examples. In the early 80’s we celebrated the 500 000th mile on my next-door neighbours Volvo.
Perhaps it has to do with having all of their factories bombed to rubble, so they thought they should build things to last?
The start of a partial (and workable–from a financial pov, if not political) would to be to privatize SS. Google the “Galveston Plan” wherein for a short time in the 70s municipalities could opt out of SS. It is funded by ins co annuities and the ROR is astronomical compared to SS, which is, after all only an income-transfer ponzi scheme. Next, everyone has to become disabused of the concept of “paying” for tax cuts. That entails a “static analysis” approach which assumes that tax revenues to the treasury will fall because everyone will continue the same economic/financial activities despite changed incentives. In the real, “dynamic” world people instantly adjust their work/investment habits to changed incentives. EVERY SINGLE TIME in American history when tax rates are lowered, revenues to the treasury increase due to changed economic activity. Dynamic growth due to lowered rates combined with budgetary reductions will go a long way to help grow ourselves out of the financial hole we are in despite the fact that flat-earth static analysis says this is impossible–and has been proved wrong every time by real-world events/results.
He’s right. America has been irretrievable since Goldwater lost. That was the real decision, the real choice. Not the phony choice of Obamney vs Robama 2012.
The GOP needs to cut out its immoral moralizing BS. They also need to learn to love immigration or at least pretend to.
Maybe it’s just nothing…….
http://fox2now.com/2012/11/12/at-least-15-states-petition-u-s-government-to-secede-from-country/
where is John Galt!? failing that, we desperately need another Ronald Reagan in the White House.
sasquatch, the little clips at the bottom of the Sun News screen now shows 21 states petitioning for secession.
Didn’t Hayek warn us 60 years ago about this mess and where it would lead?
The list, with links to the petitions at the White House. I’d caution against signing if you are not actually resident in one of the states so as to not screw those people trying to actually salvage something good from the current mess…
http://withdrawpetitions.blogspot.ca/2012/11/united-states-petitions_6333.html
I doubt this list is comprehensive, I’ve gotten Facebook notifications linking to all but 7 states.
Country gone “Idiocracy”? Time to invest in Brawndoâ„¢
Breaker Morant said: “… Look what happened in the Soviet Union-they went after the Kulaks and self-sufficient rural areas hard-ie Ukraine Famine and so forth. ..”
This is a realistic result to me. O has signed a lot of E.O.s and some are about taking over your farm – if needed. Think about it.
I see this as where the “last stand” will be against the tyrants. Using your gun for protection in the city from a criminal or two (or even a riot) is one thing but saving your ability to survive against those that have intentions of literally taking everything you have is bigger in the sense that you may have to pull the trigger on people you otherwise wouldn’t.
We need to help when ANY instance of something that looks like Waco happens again. Surround them and either take them out or give them the choice to cease and desist – and leave us alone.
I stand corrected. Make that a 3 month window to watch the world unravel.
Canada’s Largest Trading Partners in 2010[5]
Country Total Exports (CAD) Total Imports (CAD) % Share of Total Exports % Share of Total Imports
United States 299,075,013,698 203,388,584,488 74.90 50.37
China 13,232,265,799 44,522,918,962 3.31 11.03
Mexico 5,008,226,868 22,110,444,350 1.25 5.58
United Kingdom 16,367,388,056 10,712,732,911 4.10 2.65
Japan 9,195,225,455 13,446,993,809 2.30 3.33
Germany 3,936,632,869 11,286,501,895 0.99 2.80
South Korea 3,709,313,608 6,147,148,797 0.93 1.52
France 2,349,275,091 5,433,698,289 0.59 1.35
Italy 1,916,122,642 4,662,174,865 0.48 1.15
Brazil 2,562,749,138 3,292,351,908 0.64 0.82
Norway 2,528,540,739 2,845,770,686 0.63 0.70
Taiwan 1,287,340,702 3,970,065,915 0.32 0.98
Netherlands 3,272,383,506 1,668,553,304 0.82 0.41
Switzerland 1,535,808,702 2,945,044,282 0.38 0.73
India 2,058,709,040 2,122,976,704 0.52 0.53
Peru 476,446,333 3,648,184,092 0.12 0.90
Algeria 298,884,118 3,578,112,773 0.07 0.89
Belgium 2,154,497,458 1,719,241,084 0.54 0.43
Australia 1,751,792,124 1,619,577,493 0.44 0.40
Malaysia 785,955,586 2,290,873,029 0.20 0.57
Thailand 652,017,790 2,408,587,005 0.16 0.60
Saudi Arabia 977,757,933 2,022,892,395 0.24 0.50
Total Value of Trade 399,299,638,237 403,750,397,923 100 100
Export is the first percentage and import the second. Dollar value the big number.
I think the US IS Greece, not about to become it. We are already seeing now Obama’s truest colours and his plans for the US. How can anyone support themselves and their families on twenty-nine hours a week? How can a nationalised health service survive on NO taxes for how can one get taxes from the unemployed? Resources independence? Forget about it.
The Republicans have to embrace the values that made them great. If they get back into the White House again, they might be able to feed the country. I don’t ever expect to see America as once it was.
Simply put, is he wrong?
Doesn’t matter if he’s right or wrong. All he does about it is talk. Another hen at the hen party…
This is a better link to the numbers.
This is a better link to the trading numbers.
http://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_Canada