Yellow Vests

France’s Yellow Vest riots are an indictment of Socialism, Corporatism and the European Union.

All are one in the same.

None serve the needs of the people.

All three serve to entrap the citizenry within the bottomless barrel of despair known as serfdom.

The protestors call for an increase in minimum wage or a reduction in taxes, yet it is the futile reliance on the government to do something that is the cause of the current crisis.

Government is not the answer here.

Government is the problem.

Government created the problem by creating deficits while spending the money foolishly thus bringing about austerity.

In the old days the French could simply print up money to cover the shortfall.

This is not possible anymore, or so we think, and printing up Euros is most decdedly out of the question.

The cruel German bankers and their puppets in Brussels will never permit such.

Yet this is exactly what is needed – all over the member states of the EU – and in massive amounts.

When one side, the rich, have won the game, and the other side, the poor, have no money to play the game, printing up money and giving it to the poor is a way of continuing the game.

It allows the poor to use that money to buy their own house, apartment or business.

It’s the only way to continue the game.

And the game does need to be reset in France and the world.

The so-called New World Order of lords and vassals is a bust.

Now, of course, to propose that money be printed and given to the poor is risky; the elites will immediately create the bogeyman of inflation.

This is funny, because the bogeyman of inflation was never brought up in the US during QE1, QE2, and QE3 when money was given to failed bankers and the losers in Corporate America.

It wasn’t brought up because QE1, QE2, and QE3 existed to increase Corporate America’s stake in the ownership of America.

Of course, what a responsible leader should do is the opposite of what quantitative easing did do which was to give money to the rich.

What a responsible leader should do is punish the rich for causing the 2007 debacle.  

You punish the rich by decreasing their stake in the game.  

Suppose we have a society of two people, you and I, and there is a wealth in society of $100 where I own $95 and you have $5.  

Now what would happen if we printed $100 and gave $95 to you and $5 to me?

What we would attain is an evening of wealth in society.

Now, of course, the rich would argue that the poor would spend their newly gained money foolishly on beer and cigarettes.

But the money created need not necessarily be doled out in cash.  The money could be used to pay down existing mortgages and buy apartments for people who are currently renters.

In fact no money needs to be created at all.  It’s can be accomplished with a pencil.

A debit is created in the new owner’s home asset account, and a credit is created in the asset account of the rich.

Viola!

Now, think what that would do for the economy of France.  And the world.

People who now pay money for rents could use that extra money to invest in new businesses or buy goods that will boom the French economy.

To prevent people from immediately selling their house or apartment a moratorium on doing so can be instituted.

The rich, of course, would lose their stake in European society.

Too bad. 

You broke it; you bought it.

The German bankers will of course rebel.  The IMF will cry foul.  

Of course they will. Their goal has never been about enabling people.

Their goal was and still is to enslave people through debt and indentured servitude.

Thus the Yellow Vests.

 

Let Them Eat Cake

Take notice of what passes for utopia in France, young socialists.

Paris is burning as the Yellow Vests hold France and its leader, Macron, accountable for the imposition of a fuel tax.

As Paris burns, Macron, feasts on pheasant at Versailles.

Yet why should this be?

Why should the French people be so angry?

It isn’t as if the country and its people are living the through the plague.

They are not Fantine from Les Miserables.

No, the French have it pretty good.

Actually they enjoy benefits out the derrière.

They have national health care in which everyone is covered, good pension plans, guaranteed vacation and sick days that would make Americans drool, and a 35 hour work week.

Not bad.

Sure, the unemployment rate is 9 to 10 per cent,  but that is hardly staggering.

France has had these levels of unemployment before without riots.

So why now?

Economists, true to form, have stepped up their eco-babble; they mumble incoherently about dual labor markets whereby many citizens can not get jobs in the first place because of the difficulty in firing an employee once hired.  Thus employers are unwilling to hire.

With growth rates in the economy low, it seems unlikely that employers will step up their hiring.

Demand, as elsewhere in the world, seems to be low in France.  In other words people have less money to buy things.

Duh, I wonder why.  Could it be because the stupid leadership of the world put everyone under austerity to pay for the mistakes of the dumbasses who led them?

In France this problem is more acute because France extracts so much money in taxes to pay for social services.

But this is not new in France. The government has long extracted money from the people to do things for people.

And therein lies the problem: the people must wait for the government to do things for them rather than they doing it for themselves.

And so what has arisen in France over generations is increasing helplessness which would not have arisen had the leaders acted responsibly.

But, of course, they didn’t.

What changed in the world in 2007 was that the leaders of the world made their unprecedented charge to hog the wealth of the world.  They gave themselves bailouts instead of jail time.

The leaders helped themselves out at the expense of the people.

Moreover the leaders who created this economic catastrophe did nothing for the people.

This did not go unnoticed by the peoples of the world.

In France, the leaders not only enriched themselves they added insult to injury by adding a fuel tax.

Thus the riots.

It’s not the money.

It’s the disrespect that the leaders show their citizens.

Citizens want to be respected. They want to have a say in their own affairs. They want their leaders to listen to them.

People need to contribute as surely as they need to breathe.

Any system that fails to recognize this – and this applies particularly to top-down driven socialist “democracies” – will feel the wrath of the people.

France is no different.

One day Parisian mobs – are there any other kind – will again parade their leaders through the streets in a wooden cart on their way to a thirsty guillotine.

It’s their national sport.

The leaders will cry out, “How did I offend thee, loyal subjects?  My heart will always lie with France.”

The citizens, from their earthen hovels, will silently point to Versailles.

 

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