I make no pretense about being a great thinker. I am a practical man who has made his living manufacturing physical products, from screws and fasteners to radio transmitters and at one time even semi-automatic weapons. And I have learned the hard way that every effect has a cause. For every part out of tolerance there is a dull cutting tool. For every machine that wont do what it was designed to do there is a faulty gear or a broken bolt.For every product that wont work there is something inside it that is screwed up. As we used to say,there are no "bad angles" coming down to screw things up....all problems are caused by something real and tangible.
Now, that is not to say that there are not philosophical and spiritual underlying causes to problems. But as someone who has lived a life of finding solutions to manufacturing problems when you cannot go back to the drawing board my whole orientation is to attack the actual situation and jerry rig it to fix it and move on. I am not an engineer. I am a production man who lives in the present and must exist in the real world with real customers and real deadlines. Which brings me to my favorite character in AS, Francisco d'Anconia.
That man took direct action. It wasn't a final solution to the underlining philosophical problems of society...that was left to John Galt....but he hit at every perpetrator he could get at by bankrupting his company and taking them down with him.
So if the Beast is the Federal Reserve Central Bank that creates money out of thin air and forces our people to take fiat "money" and stay slaves in debt to the Central bankers and live or die on the banker's "Credit Scores" to get loans then the solution seems to this practical man rather simple;
1. Don't tear up your credit cards....no, max them out....tear up your credit card BILLS. Just stop paying them. Don't waste your time filing bankrupcy because that just puts you into a system that is rigged against you. Just stop paying and go cash.
2. If they control our behavior by making us slaves to their "Credit Scores" then repudiate your good credit by not paying any debts to the banks and credit card companies.
3.Use their funny money against them by cashing out all your bank accounts, CD's, T-Bills, Stocks and Bonds and use their fiat money for your living expenses.
4. And tell the Federal Reserve that you would appreciate it if they would pay off all your "Bank to You" loans with their fiat currency the same way they paid off all the "Bank to Bank" loans.
Going Galt today may just mean to repudiate their system of slavery by taking them down with us. Just like d'Ancionia. And then the real producers in society can pick up the pieces after the collapse.
We are only victims of the system because we have given them our sanction by playing their game of good little debtor's always trying to pay them back. Sorry boys, you're on your on and you wont have our productivity to feed on anymore!
Anyway, thats how it looks this sunday morning.
Check Post #42. Maybe I can focus you in a slightly different direction.
As far as “going Galt,” There are many was to do this. I have been exposed for many years to the concept of how our “money” isn’t real anymore, but on a practical basis, when you have to live in this world, I’ve always been a bit chicken.
What I have been doing is conducting my transactions, to the extent possible, away from the taxation system. Private, cash transactions between private parties utilizing Craigslist, yard sales, word of mouth and such. Analyzing “do I really need that now?” Reusing all of the junk around here for my little projects. What I cannot do now is earn my main income source outside of the taxation system. However I am relocating to a state with a far less confiscatory taxation rate.
You wrote...
...stay slaves in debt to the Central bankers and live or die on the banker's "Credit Scores" to get loans...
and
2. If they control our behavior by making us slaves to their "Credit Scores" then repudiate your good credit by not paying any debts to the banks and credit card companies.
Lets give this action a catchy name, one that can force people to think (if that's still possible).
I humbly suggest that we do the 'FICO LIMBO'...
...just how low can you go ???
I don't suggest taking on debt, knowing that it won't be repaid, that _is_ illegal. I would point out that if, say, a credit card company raises your interest rates above what you can afford to repay, don't fret, do the FICO LIMBO!