This is war - it's time for people to recognize this essential fact. As such, it is absolutely imperative for free people to use every means at our disposal to dispatch our collective enemies.
Constrain the state's ability to claim resources via its ability to levy taxes, not by foolishly claiming to be a tax rebel, thereby inviting the full wrath of the law, but by simply by maximizing the use of every available loop hole.
Overwhelm the state's ability to provide services via its ability to allocate resources, not by foolishly claiming to be a welfare fraud, thereby inviting the full wrath of the law, but by simply maximizing the use of every available services.
Given this one-two punch of declining tax revenues and exploding service costs, the federal government will have no other recourse but to issue more debt. Who will purchase this debt? No one! The Fed Reserve is already radically inflating the money supply to purchase Treasuries, toxic MBS and agency debt.
This sucker is going down. It's already happening, but 2010 is going to be the year it finally rolls over & goes tits-up. The PTB spent/committed something like $12 trillion to just (barely) hold on - there's no more reserve. When the commercial real estate bubble starts to unravel after Xmas, this is going to knock down all remaining support.
The only option will be to print. Once they do that, the state's will move into issuing their own script. This is the end game of de-federalization. It is happening before our very own eyes! Live and remember these times.
Brilliant post. Absolutely true.
Many of us are panicking with the "Oh, woe is us" chorus, but we've got it backwards. We aren't going down because of them. We're going to crush them and stand on their bones as we light the torch of the New Renaissance.
Monuments will be built to those of us in this time who spit in the eye of tyranny, and brought it to its bloody end.
