Dear RamZPaul. I’m a long time fan of yours. I’ve been enjoying your videos for almost a decade. If I ever visit Arkansas, I would love to meet up and buy you a beer.
But I’m afraid you have come down with a bad case of boomerism.
socialism
1 any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2a a system of society or group living in which there is no private property
2b a system or condition of society in which the means of production are owned and controlled by the state
3 a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
Universal Basic Income is not socialism. It does not put the means of production in the hands of the state. The means of production remain in private hands.
Universal Basic Income is not government control over the distribution of goods.
UBI is “welfare” – as in the dole – only if you also believe that a stock dividend is also “welfare” and the dole.
UBI is “welfare” only if you also believe that interest on a savings account or a bond is also “welfare.”
But of course you don’t mean any of that. So why this fanatical hatred of UBI?
Who owns the United States of America? The citizens. So why would anyone oppose the citizens of the United States getting a dividend? Residents of Alaska get a check every month for their share of the oil profits.
UBI is American citizens getting a share of the money printed by the Federal Reserve, essentially. The US dollar is a function of the sovereign state, if the American people are the owners of the state, then of course the owners get a share of the profits.
UBI is the opposite of taxation. If we are really free and sovereign people, the government should pay taxes TO US, not the other way around.
People just can’t wrap their heads around UBI because they have lived their entire lives as slaves and don’t even understand what freedom is.
The male citizens of the United States can be forced, whenever the state wants, to serve in the armed forces and the militia. US male citizens are required, as a part of their citizenship, to give up their lives for the country.
Yet, for some crazy reason, the idea of the United States government doing something for their citizens causes insanity, especially in the boomer mind.
It’s long, long, long past time for a Freedom Dividend – a universal basic income.
This WILL offend the moral senses of libertarian cranks and conservative ideologues. They are so USED to their slave collars they are terrified – absolutely terrified – when they start to come off.
For some crazy reason, RamZPaul believes that only Jews should be allowed to create money. When the goyim create their own money – well, the whole universe turns upside down! Communism! Socialism!
Isn’t it just natural that wealthy Jews be given the exclusive right to create money? After all, that is the way it was done in Europe during the entire Christian era, until the Protestant Reformation.
Please – educate yourself RamZPaul.
https://www.bloomberg.com/news/features/2019-03-21/modern-monetary-theory-beginner-s-guide
We are going to need people like you to regain our freedoms. Don’t go all boomer on us now.
P.S. – I sure as hell never claimed to be “right wing.” I can’t image why anyone would want to be right-wing, or left-wing for that matter. Why should I blindly follow some sort of ideology from hundreds of years ago based on the seating arrangement of the French Parliament?
Are you daft, man?
Banned Hipster 
Jews historically didn’t create money, they loaned it under an ethnic monopoly. While parasitic, this doesn’t distort economic decision making as does making money out of thin air, something only the government and the FRB are empowered to do. We’re in a historically unique phase of human existence. All MMT experiments have end badly, but in the past, such events were confined to one nation at a time, never the whole world. The destruction of the national currency ushered in a revolution and the new power stabilized the currency. The Jacobins sharpen up the guillotine and the Terror is only in the early stages. There’s no Napoleon this time around.
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Everytime Austrian economic theory has been tried it has failed. It distorts economic decision making and always runs into the paradox of thrift. But even worse the idea that a pile of gold is “savings” is irrational. One would be better off saving a pile of copper which at least has practical value.
Austrianism is amusing. Like Bitcoin but instead of proof of work it runs a monetary system on proof of digging holes. Astonishingly irrational.
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“Paradox of thrift” was only invented by Keynes a century ago, something he conceived to make his theories float. And there’s nothing in Austria dogma to suggest gold, or anything else for that matter, should be part of the money mix. For millennia it has been, but so has copper, silver, aluminum etc.. Money is whatever people generally decide upon in the absence of coercion. When aluminum became less costly to fabricate its value plummeted as did its utility as money. Copper these days is abundant enough that its coins are only good for small transactions.
If you don’t fancy a pile of gold, you could always sell it off to your dentist or have a nice bracelet made for your wife. Better a pile of “barren” metal than one of Continentals.
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@bob saffron
Not all positive statements in Austrian dogma are false. But this?
“Money is whatever people generally decide upon in the absence of coercion.”
A great example of couching a normative statement in terms of a positive statement. It’s clearly false and not even Austrian dogma actually makes this claim. Throughout most of history, money has been whatever the sovereign says it is. There is no such thing as “absence of coercion.”
Austrianism is a Jewish ideology that demonizes collectivism for the goyim to allow the Jewish collective to rule. It’s not a coincidence that all major Austrians, save one, were Jews – and the shabbos goy was the student of one of the Jews.
Why should I subscribe to a single normative statement made by Austrian dogma?
It’s not helpful to pretend that I don’t understand Austrianism and just need yet another “explanation” for it. It’s also not helpful to constantly redefine well known terms to justify Austrian normative statements.
I simply do not subscribe to that particular fringe economic theory. All of the good parts of Austrianism have already been adopted by regular old fashioned mainstream neo-classical economics. All that is left is a 100 year old justification for rule by a Jewish collective monopoly on gold hoards.
Austrianism has always failed everywhere it’s been tried.
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Neo-classical economics is little more than a century old. To date, it’s record is a sorry one, but its credibility will pass. How much of its value has the USD lost since 1913? Does anyone believe anything mainstream economists say?
And yes, coercion is pretty much the norm in things currency, but coercion is often not enough to dissuade citizens from eschewing the ruler’s edicts, despite the risks involved. People in all parts of the world and in countless past instances have ignored legal tender laws to preserve their purchasing power. Gresham’s Law points to that very reality.
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@bob saffron
Oh look, Bob Saffron thinks I give a shit about some Jew book he read.
Bob Saffron will spend his entire natural life quoting gay shit he read written by some Austrian Jew.
*YAWN*
Why should I care? Jews love to talk.
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Austrian economic theory didn’t even make it into the university over the last century, let alone public policy. Nor is there any likelihood of it being tried by present governments, who are never going to institute policy detrimental to their own interests. We’re destined to suffer “rational man”, utils, preference curves and the similar neoclassical gibberish until the System itself breaks down and academia is completely discredited.
I’m not holding my breath.
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1,000% hecking percent.
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And this is why they hate the Protestants’ Anglo-Germanic progeny with supernatural zeal.
Fine! Let loose the hounds of WAR.
VIGOR AND POWER AND PIRACY AND PLUNDER
CAN YOU FEEL IT IN THE AIR?
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@Henry George
“And this is why they hate the Protestants’ Anglo-Germanic progeny with supernatural zeal.”
Yep – exactly. The Catholics and Jews were working TOGETHER under feudalism (um, just like the American mafia in the 1950s, huh!) Protestants broke us out.
It’s fucking hilarious to see “libertarian” idiots promoting a new form of feudalism where Jews have a monopoly on money creation.
Powell is the first non-Jew Fed Chairman in most of our lifetimes. What happened? The Fed was rolled up under Treasury (Mnuchin) and Larry Fink (BlackRock.)
Is that a coincidence? I don’t think so.
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UBI as a dividend… hmm. I like it. And that bit about reverse taxation sounds brilliant.
Thi used to sound juvenile to my ear but lately not so much… I always wondered, if they can print money like no tomorrow, why do I pay taxes? … a lot in taxes.
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@lyon
Literally these people don’t understand sophomore year macroeconomics. They only have a hazy understanding of the quantity of money but just can’t wrap their heads around the velocity of money.
You’ll notice their only arguments are moral arguments – they are not discussing reality, they are giving people Sunday School lectures. They embarrass themselves, frankly.
Essentially they are parroting Monetarianism without even understanding it. Monetarianism was the scam Alan Greenspan used to literally steal trillions of dollars of gold from America before he caused the 2008 crash.
I’m not even some economic specialist but – to my credit – I can read and pick out the bullshit.
We’re in the middle of a massive deflation. Since defaults are politically impossible, the only question is who gets the newly printed money. Idiots like Z-Man and well-meaning but confused people like RamZPaul only complain when the over-leveraged financial system (“bankers”) don’t get 100% of the newly printed money.
Then, they resort to lecturing people like a schoolmarm.
Really, we HAVE to take the car keys away from these right-wing boomers before we’re all reduced to debt-slavery. They just have some sort of blindness. It’s bizarre. It’s Dunning-Kruger I suspect. They really need to learn some HUMILITY and try to educate themselves.
God, it’s so fucking CRINGE seeing RamZPaul waving around his copy of Atlas Shrugged – it’s like watching a retarded kid masturbating in public.
Really, I’ve loved RamZPaul for a decade and I’ve been a huge defender of his. I totally agree with him on the lock-downs. But fucking Ayn Rand? He needs to grow the fuck up and drop that ridiculous Jewish “libertarian” pilpul. He’s so bamboozled he mistakes slavery for freedom.
I mean, good lord, does he even understand what AAA IS? AAA is not capitalism it’s a fucking non-profit mutual insurance company. RamZPaul is off his fucking rocker. His kids need to step in before his dementia gets worse.
Stop believing self-serving Jewish lies FFS.
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Working class people pay taxes to fund universities, which fund research to push technological advancement forward. They also fund the defense and police forces, roads, government, cities, etc that make America a safe, clean place for big business.
Entrepreneurs like Elon Musk take this research and safe country for free, use it to make billions of dollars and pay back very little back in taxes. They get welfare in the form of billions of dollars from the government to fund their projects, and they get bailed out by the government whenever the economy periodically goes bust.
Booomers: “But if the people get a dividend from what they paid into dats Communism!!!”
America is socialism for the rich, and hyper-individualist capitalism for the working class
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@Mammers
“socialism for the rich, and hyper-individualist capitalism for the working class”
Another way to put that – it’s deflation for the working class and inflation for the rich. It’s been that way since the traitor Ronald Reagan, a wholly owned asset of the Jewish organized crime figure Lew Wasserman.
Ronald Reagan was also the traitor that destroyed the indigenous working class and replaced them with “illegal immigrants” to keep their wages down.
Conservatives – NOT EVEN ONCE.
https://en.wikipedia.org/wiki/Lew_Wasserman#Political_Connections
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From Paul Ramsey’s feed:
Covid-19: “Staggering number” of extra deaths in community is not explained by covid-19 | The BMJ
https://www.bmj.com/content/369/bmj.m1931
Oopsie!!
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Wha?
How is the white taxpayer giving free shit to meth heads and welfare brood mares a good thing?
Rather than attack Ramz on account of vocabulary and then state UBI is the bee’s knees, why not advocate for why?
I’d love to know how a shakedown scheme of (another) redistribution scheme of productive whites to unproductive, largely lower IQ classes is a good thing.
Don’t we already subsidize them enough?
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@KW
White taxpayers are already paying for welfare. So why are you jerking your knee so hard at the idea of WHITE people getting some of that money being printed by the Federal Reserve?
What, you think only Jews should be allowed to print money?
Dude – get that Jew “libertarian Austrian economics” bullshit out of your head.
Right-wing nutjobbery: Not Even Once.
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