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Issue for ...
November 10, 2008
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WHAT IS THE HIGHER EARNING REPORT?
* A highly prestigious Internet newsletter.
* A deeply cathartic literary experience.
* A total waste of innocent electrons.
* A compass for your retirement ark.
* A financial air bag for your portfolio.
···················· Advertisement ····················
LENDERS TO RECEIVE 10:1 RETURN ON VENTURE CAPITAL
IOHE is about to wrap up Phase 1 of the lender opportunity pertaining to the
launch of the Liberty Private Placement Fund, L.P., the financial vehicle
through which we intend to found an international home school to help effect
a multi-generational reverse-engineering of America's dangerously dystopian
decline. Phase 1 lenders contract to receive back 10 times the amount of
their loan. But the opportunity closes soon. Interested parties write to me
at gordon@higherearning.com.
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Dear Friend,
This week I have no new expansively comic, er, cosmic financial theme to
weigh in upon. Basically, we're still heading into a deep (and deeply
lucrative) recession with the Dow likely continuing its magnificent swan
dive to 7,000 or below, punctuated by a few short-lived (but lucratively
shortable) rallies, after which inflation will skyrocket and everything will
collapse in a hyperinflationary (and hyper-lucrative) Depression as gold and
silver go supersonic and exit the galaxy.
Other than that, there's nothing really new and exciting to talk about on
the economic front, so I thought I'd share my latest thoughtlet with you. A
thoughtlet is an idea that has not fully matured into full-blown,
frightening reality. It is the kind of thing you jot down in the middle of
the night on a pad you keep on the end table next to your bed, when you wake
up sweating from a scary dream in which an avowed Marxist just got elected
President and you have trouble getting back to sleep. Ever.
Actually, B. Hussein Obama has not really been elected as our next
Free-Cheese-Distributing-Invader-in-Chief. Not quite yet, anyway. You see,
the federal Electors who just got the 11/04 memo from the sheeple, er,
people that they want Mr. Obama as their next Rights-Vaporizing Global
Expansionary Change Agent are the ones who actually vote for the president.
A good friend of mine, Stubby Candles, recently sent his list a piece about
a new article from fellow traveler, Devvy Kidd at http://www.newswithviews.com/Devvy/kidd411.htm
. Stubby commented, 'This page from Devvy is so hot it's on FIRE!... I
practically needed an asbestos shield to read it, ha, ha. You go, girl!'
That Stubby, what a character. Anyway, those of you who have no idea what a
federal Elector is -- or what's about to happen to America -- might want to
read it.
Of course, if you have no idea what a federal Elector is, perhaps you also
cannot name where in the Constitution the supremacy clause can be found, or
how representatives (most Electors, and direct taxes) are apportioned among
the states. Perhaps you've also never given much thought to the fact that
the Constitution requires the states to use only gold and silver as lawful
money, or that the general welfare clause has nothing to do with food stamps
and bailouts.
If you're sitting there with a big mental donut hole right where your
understanding of the above should be, and you basically have no idea what
the heck I'm talking about, then let me ask you this. If you don't know the
rules to citizenship, how can you consider yourself a citizen? I ask this
not to castigate, but because all games have rules. Without rules, you can't
play the game. Without rules, you don't know who's on which side. Without
rules, you can't even tell who's winning! Try playing badminton, romance or
Donkey Kong without the rules. See?
Most Americans -- perhaps 99% of all Americans currently living --
think they live in a Democracy. Can you believe this?
BWAAA-HA-HA-HA-HA-HA... Amazing, isn't it? Sorry, I need a Kleenex.
Do people living in Cuba have any doubts they're living under a
dictatorship? Do people living in China have any doubt they're
living under a totalitarian regime? Those people are well-informed
as to the nature of the Grasshoppers running their gardens (see 'A
Bug's Life' by Disney.)
But not most Americans. No, most Americans think they live in a Democracy
when in actuality they live in a Constitutional Republic. Can you imagine
being so dumb you don't even know what kind of government you're living
under? The very idea is beyond pathetic, it's the basis for another Kurt
Vonnegut novel, George Carlin routine or H.L. Mencken article.
Unfortunately, they're not here anymore.
Can you imagine that when given the clear opportunity to vote for a
candidate who would actually uphold the Constitution (
http://www.baldwin08.com ), banish the Federal Reserve, restore lawful
money, withdraw all troops from overseas, slash the need for taxes to the
bone and restore all of your constitutionally protected rights that have
been gutted by the likes of the USA PATRIOT ACT, that instead you vote for a
flat-out Marxist like Obama, or a creepy old fascist like McCain, either of
whom would only 'serve' to accelerate America's dystopic decline into
totalitarianism?
I mean, seriously... how could you possibly call yourself a citizen in any
meaningful sense of the word? 'Consumer,' sure. Maybe even 'production
unit.' But citizen? As I was saying, if you don't know the rules, you can't
play the game. Actually, it's much worse than that. When the other team DOES
know the rules, and knows that you DON'T, you're not playing a game in the
real world, certainly not one that you can actually win. You're playing a
virtual reality game which someone else programmed, while you only get to
wiggle the joysticks and push buttons on the controller.
Did you know that there actually *are* rules to being a citizen, as
well as a rule book? It's called the Citizen's Rule Book, and you
can buy a dozen for just $19.95 right here -->
http://www.lexrex.com/CRB.htm. They're handy, pocket sized, and
teach you everything you need to know about citizenship, all of
which was carefully omitted during your 13-year period of youthful,
forced incarceration in a government paradigm-conditioning center
(which some still call public school.)
I buy these rulebooks to give away to drive-thru life forms and other
unsuspecting candidates. Just last week I gave a copy to a nice 22-year old
young man named Billy whom Comcast sent over to check on our broadband
Internet connection. When it comes to broadband, Billy knows just about
everything you could want to know. When it comes to being an American, Billy
might as well be from Mars.
We got chatting about what I do for a living (as if that could be described)
and Billy was fascinated to know that there were more than two presidential
candidates (gasp!), that there are actually ten articles in the Bill of
Rights (he was dimly aware of three), and that New Hampshire has its own
state constitution that (get this) retains the right of rebellion, which, as
I explained to the visibly perplexed young lad, can come in really handy
when the national government starts turning back into a monarchy.
Billy left here curiously pleased over his new gift. Who knows, he might
just read it. Assuming, of course, that he can read.
Billy told me he was for Obama. So I let him read the following snippet of
dialog from 'So Long, And Thanks For All The Fish' by Douglas Adams which
explains the voting process fully:
"The people hate the lizards and the lizards rule the people."
"Odd," said Arthur, "I thought you said it was a democracy."
"I did," said Ford. "It is."
"So," said Arthur, hoping he wasn't sounding ridiculously obtuse, "why don't
people get rid of the lizards?"
"It honestly doesn't occur to them," said Ford. "They've all got the vote,
so they all pretty much assume that the government they've voted in more or
less approximates to the government they want."
"You mean they actually vote for the lizards?"
"Oh yes," said Ford with a shrug, "of course."
"But," said Arthur, going for the big one again, "why?"
"Because if they didn't vote for a lizard," said Ford, "the wrong lizard
might get in."
Billy looked a little confused after reading that, but I think the light was
dawning. I explained that in order to know which lizard to vote for, first
you need to be qualified to vote. But that the very process of becoming
qualified -- i.e. of understanding the true nature of your government, why
it was founded as a constitutional republic and not a democracy, etc. --
would not allow you to vote for a lizard in the first place.
Clearly, Obama is the right lizard because he got in. The American people
have spoken. They have given us a new lizard, a lizard who promises change.
And, boy, are there some changes coming! Gun stores nationwide are selling
out of semiautomatic weapons as fast as Bubba can ring up the register. A
Chinese proverb says, 'may you live in interesting times.' Things sure are
getting interesting. As usual, Ron Paul has nailed it again. Visit http://www.infowars.net/articles/november2008/051108Paul.htm
for the latest insights from Dr. No.
But where to go from here? I'll have to continue with that theme some other
time. It's too big to be a thoughtlet, and right now my brain can only think
about all the juicy trading setups the coming Greater Depression will offer
us. Now, that'll be an opportunity for this unit to really produce!
And May The Pip Be With You,
Gordon Philips for
THE INSTITUTE OF HIGHER EARNING
gordon@higherearning.com
.· ´¨¨)) -:¦:-¸.·´ .·´¨¨))
((¸¸.·´ ..·´ When you wish -:¦:- -:¦:-
-:¦:- ((¸¸.·´* upon a pip... -:¦:- -:¦:-
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PUBLISHED BY:
The Institute Of Higher Earning
P.O. Box 113
Milford, NH 03055 USA
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WHY THE INSTITUTE? MAYBE BECAUSE YOU...
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YOUR EDITOR
Gordon Philips, Senior Researcher, Head Trader, Custodian, Home School
Principal, Sibling Rivalry Referee, and Complaint Department Manager for the
Institute
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DISCLAIMER
Information from The Institute Of Higher Earning is provided for educational
and informational purposes only. No one on our utterly terrific staff is
licensed to utter personalized financial advice. Before trading or investing
we suggest that you seek the counsel of a registered financial advisor who
is thoroughly versed in the equities and currency markets and can
demonstrate long term, consistent success in both. Warning: this may be a
protracted search. Our work is based on what we've learned as financial
journalists and graduates summa cum laude from The School Of Hard Knocks. It
may contain errors and you shouldn't make any investment decision based
solely on what you read here (watch MSNBC first ;-.) There is risk inherent
in all forms of trading and investing, from baseball cards to church bingo,
so don't trade or invest with money that you cannot afford to watch go up in
smoke and still sleep well. If in doubt, consult spouse.
Thank you. |
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