Wednesday, March 11, 2015

The Three "Shitties" of Public Schools

Minneapolis Public Schools had a cute outright lie they advertised on KBEM FM 88.5 (a radio station they run, because we all know public schools should be running radio stations).

It went something like

"Good Teachers,
Great Kids
Great Schools."

I had to laugh because I knew the opposite was quite true.  Minneapolis had the

shittiest teachers
the shittiest kids and
the shittiest schools.

But it made me think.  Precisely what are the ingredients that go into making a school shitty, good, or even great?  And I think the Minneapolis Public Schools were very close when it came to ingredients, they just had very poor quality ingredients to throw into the pot.

So I developed a new and revised formula for the Minneapolis Public Schools with one caveat.  The formula is:

Parents
+
Teachers
+
Children
=
Schools

And the caveat is that only two of the three ingredients have to be shitty in order for the whole school to be shitty.

For example you can have great kids, but horrible parents and horrible teachers.  Doesn't matter how great the kid does, his parents are losers, his teachers are losers and the kid is likely condemned to failure.

Another combination, shitty teachers, shitty children, but great teachers.  Much as I loathe teachers I do know there's a handful of them out there who truly do care about education and are indeed great teachers.  Unfortunately, that's rendered moot when you have shitty students and equally shitty parents who believe their children can do no wrong (though that is more of a trait of elitist suburban schools, and not the inner city).  Regardless, the kid is condemned to failure.

And then there's shitty teachers and shitty students.  The parents could have the greatest intentions in the world, but unfortunately the state now effectively raises your children from 5 years old on.  You are merely to feed, clothe, and house them until they can be returned to the state indoctrination facility for an amount of time that nearly quadruples the amount of time you get with your own flesh and blood.  Again, failed school.

We can go on, but the point is as the moral decay of America has progressed and higher and higher percentage of these three pillars are being corrupted, increasingly becoming "shittier," a higher and higher percentage of our schools are becoming "shitty."  And it doesn't matter how much money we throw at them, it's going to require personal resolve, character and dedication to excellence of ALL THREE GROUPS to improve public education.

Until that time you can expect increasing amounts of:

Single/incompetent/absentee/outsourcing parents
Misbehaving children, and
Poorer quality teachers

all resulting in the laughing stock that has become public education.  And it will only be a joke until these poor kids are dumped out into the real world.
























But hey, at least you didn't have to raise your own kids
And at least you got summers off.
And at least you got your GED.

Tuesday, March 10, 2015

The Reason for America's Demise in One Video

It's graphic, not because of cursing, but because of grotesque insanity.

English Majors of the Math World

As you know I largely loathe and despise English teachers.  It is nothing short of child abuse that we force millions of children every year to essentially sit in a prison, 9 months a year, and learn a language they already know.

Yes, I know grades K-4 are necessary to learn to read and write. 
Yes, I know things like penmanship, reading and writing are necessary to become effective communicators in the real world.

But the mental abuse (post 4th grade) of forcing children to learn obsolete, unnecessary, and idiotic things like "dangling participles," "dipthongs," and diagramming sentences is mere make-slavery-work-child-labor to employ (largely) 20 something girls too lazy to do math and instead chose to become English teachers.

But before we get too riled up about the all-too-common liberal arts teachers, we need to focus on math teachers.

Oh yes.

For while they may (and for all practical points and purposes do) deliver a real and needed education to the children, there is one subsegment of math that is as obsolete as learning the difference between an adjective and an adverb.

Integers
Whole Numbers
Rational Numbers
Irrational Numbers
Natural Numbers
and any other vocabulary terms anal retentive math purists foisted on otherwise unsuspecting and innocent child math geniuses

Not once, in all of my math studies, was it necessary for me to know what the hell those aforementioned things are/were.

Multivariable regression was used to program models that would predict GDP growth.
Correlation coefficients and other statistical measures used to test relationships with different economic and financial phenomena.
I've even used trig to measure the side of a roof for a shed I was building.

But never, EVER have I or anybody else ever had to know what an integer was or what a "natural" number was.

The truth is the only thing these "things" serve is to lower the test scores of math geniuses and give math teachers who can't do math something to belabor their children over for a week's worth of material and lesson plans.  No doubt there's going to be some idiot "professional educator" that's going to parrot the reason why we teach such unneeded poppy cock, and I'm sure some mathematician is going to explain the "importance" of differentiating between and integer and a "whole number."  But in the end we all know it's an unnecessary hoop we make children, math textbook publishers, and teachers jump through, wasting calories of energy that could be used studying and teaching math that actually matters and has real world applications.

The 10% State

Bernard Chapin, if you are unaware of, is a micro-celebrity of You Tube fame who generates about 2-3 short 10 minute videos each day and is also a daily stop for your beloved Captain.  The majority of Uncie Bern's material covers the daily news, with a focus and specialization on chronicling the efforts of marxists, feminists, and others to bring down the United State and destroy freedom.

However, while the majority of Bernard's focus is on exposing these scum, he does occasionally wander into the realm of philosophy and economics, a common refrain of his being the "10% State."

Bernard's argument is quite simple - that the entirety of the state should cost us no more than 10% of our production.  That if we got rid of income transfers, forced people to support themselves, and government merely provided true public goods and services, our final tax bill would only be 10%.  Naturally, he receives guff from the parasites that rely on the taxpayer to support them, but parasitism aside, he's 100% right.

The state really only does cost 10%.

If you look at the federal budget (which I know for some leftists is going to be a virginal experience), and add up ONLY the government services that are truly part of "governance" you'll find out that the 2015 federal budget really needn't be more than $1.1 trillion.

Take out social security.
Take out Medicare and Medicaid
Take out the EPA, Department of Education, Department of Agriculture, NASA and all the other unneeded bureaucracies and (if you did it right) you'll come up with a bare bones budget of $1.1 trillion.

Divide that by the roughly $17 trillion economy we have and you get 6.5%.  Well below the 10% state Bernard portends.

Of course, this does not account for state and local spending which historical and on average run about 1/3 total federal spending.  Add an additional 2% (or even 4% for Californians!) and you're still well below the 10%.

Naturally, this is merely an intellectual and academic exercise about what "could have been."  The 10% state will never be revisited (we were there once) as the American public is too spoiled, too dumb, and too satiated by government goodies to appreciate what a potential future we could have.  But I did want to at least validate and prove that what Bernard Chapin is calling for is absolutely and 100% feasible.  A 10% state would and has worked.

Sadly, this is a democracy.  And sadly, the masses are the most spoiled and idiotic in American history.  And thus the 10% State will remain where we last left it - in history.

(Author's note - No wandering cauldrons of politically incorrect commentary were hurt in the writing of this post)

"The Black Man's Guide Out of Poverty" Now Available in Kindle!

Finally available!

And don't forget my other awesome books, the worst of which is better than the best of "Oprah's Book Club."

Monday, March 09, 2015

US Money Supply as a Percent of Global GDP

If you don't know what a "world reserve currency" is, allow me to explain it in terms of non-economists (ie-normal people who have sex).

Not all countries are created equal.  Many are corrupt, either through their leaders, their people, or both.  And so if other countries, people or businesses would like to conduct business with one such country (say, Greece or North Korea or some other unreliable crap hole) you would like to receive payment not in Drachma/Euros or North Korean Won, but something more stable.  This gives rise to demand for a third party's currency, a third party whose currency is reliable and trustworthy. 

Enter in the US dollar.

After WWII it was pretty apparent that the United States was "the last man standing."  Yes, many countries on the Allied side of the war "won," but their economies and infrastructures were devastated.  It was only the US that had the economic productive capacity to make their green pieces of paper valuable (not to mention the Ward Cleaverly-Dwight Eisenhowery-US was infinitely more reliable and trustworthy than the murderous Stalin).  And so the US dollar became the world's "reserve currency" which allowed international commerce to be conducted in a reliable and trustworthy medium of exchange.

Fast forward many decades later and you might ask, "Now that all these countries have recovered, why do we even have a global currency?"  And that is a good question.  Nearly all the participants of WWII have recovered, rebuilding their infrastructures and economies, producing economic value that provides their pieces of paper worth, so why not let all countries' respective pieces of paper trade against each other on the international currency markets?

Which they do, but, there are two things that keep the US dollar as the world's reserve currency.

1.  There is still demand for international transactions to be made between two different countries in a currency that is largely deemed reliable.  The US dollar (more or less) has and continues to more or less fit this bill.  Countries trust it, view the United States with confidence and believe our green backs have intrinsic value.

2.  Habit.  Though I am not a huge international traveler, it is amazing how many countries accept US dollars.  Cut across the border to either Canada or Mexico, they take US dollars.  Take a boat to nearly any Caribbean island, they take US dollars.  The Jamaicans at the (only) tropical resort I ever visited, very happy to take dollars.

But just try the reverse.

No Canadian can buy anything with their "fancy schmancy" "plastic" currency here in the US.
I don't even know what a Jamaican dollar looks like, let alone would be willing to accept one.
And Mexican Pesos I view as a novelty that I can more or less assume will lose value as what few I've collected sit and inflate away in my desk.

Now most people (both Americans and non) don't think twice about this.  They merely accept it as fact that "yes, my US dollar will likely be accepted in most countries" and "hell yes, I'll take that dirty, filthy Yanqi money off of your hands Americano!"

But if you think about it, the economic ramifications of this agreement are immense (if not, outright insane).  And if you figure out what these ramifications are you will not only more thoroughly understand what a "reserve currency" is, but be able to understand a lot of what is going on with the US economy.

The primary "epiphany" you should realize from this is that through mere TRUST, through mere RELIABILITY one currency can replace all others.  But infinitely more impressive than that is that in replacing all other currencies you exponentially improve that currency's purchasing power (and thus the lives of the people who live in the country that is home to the world's reserve currency).

In other words, each "normal" countries' respective currency can only buy goods and services within that country.

Jamaican dollars can only purchase what is made in Jamaica.
Japanese Yen can only buy what is made in Japan.
And Australian dollars can only buy what's made in Australia.

But US dollars can buy nearly everything in the world.

In other words, if you can get your currency to become a world reserve currency, your purchasing power goes from the mere domestic production of your lowly, single country to that of the entire world.  And all without lifting a finger or providing the slightest bit of additional economic production.

In the case of the US dollar, this means Americans (or anybody holding a US dollar) can not only buy the $17 trillion in US made goods and services, but (more or less) the $76 TRILLION in world GDP

Did Americans work harder?

No.

Are Americans smarter?

No.

Did "The Lord Our Savior Jesus Christ" look favorably upon us?

No.

All that happened was 60 odd years ago millions of US soldiers came over to Europe and Japan, helped destroy what remained of the majority of the world's economic producing countries, while the US homeland remained relatively unscathed, giving us and the US dollar the much-coveted "world reserve currency status."

And now, instead of just being able to buy goods in these here United States of 'Merica, we can and have bought whatever we damned well pleased simply because "we're Americans."

However, there is an additional benefit to being the world's reserve currency. Not only do we get to buy everything in the world, but nearly all of our financial sins are bought and paid for by the work and toil of others.

Consider two countries - Greece and the United States.

Both have unsupportable debts.
Both run chronic deficits.
Both have increasingly lazy and slothful people.
Both support their parasites over their producers.
And both are headed up by spoiled socialist children incomprehensibly ignorant of economics.

So how is it Greece is going through tumult and chaos, while the US is enjoying is getting away scot-free?

Well, perhaps a chart will help.

Below is the M2 money supply of the US dollar divided by US GDP and World GDP.


























What this essentially shows is how much money there is relative to the amount of stuff that money can purchase.  Normally you would compare the US dollar to US economic production (the red line), however, since the US dollar is the world reserve currency, it pays to compare it to what it can really buy - the world's economic output.

This results in an interesting divergence between the two numbers.  The red line shows what most Americans are concerned about.  An increasing amount of money being printed against a stagnating amount of economic production.  There was roughly 51 cents for every dollar of GDP circulating, while now it's 65 cents - fears of inflation and a run on precious metals expected.  However, the blue line shows something quite different.  Almost an "ideal" increase of the money supply along with the economic production that said currency can buy, resulting in practically no change and no inflation. And when you consider that the US dollar is the reserve currency of the world and that it is not solely affected by domestic production (but fear of other countries' inferior currencies) then a lot of other things make sense in this seemingly economically insane world.

One, this is why the United States can behave like Greece, but not suffer the consequences.  Americans are by all means just as spoiled and petulant as the Greeks.  We just happen to have the world's reserve currency...so nanny nanny boo boo on them.

Two, this is why our deficits and debts seemingly don't matter to anybody.  If the US was an individual applying for a loan, no bank, even the crappy ones I worked at, would touch him.  But since it's the "US" and we have the magical currency, every other country out there is more than happy to lend our insolvent and irresponsible government money.

Three, this is why precious metals haven't gone up (as much as was anticipated anyway).  By every sane, reasonable, and empirical logic, gold and silver should be rocketing against the US dollar.  But this would, once again, assume the US dollar could only purchase US goods.  It also assumes nearly every other country out there sucks even worse than the United States.  Ergo, with things looking worse in other countries, combined with the US' already-established world reserve currency, it is just too convenient for people to pile into the dollar, giving it more purchasing power, and driving precious metal prices down against it.

There are other economic phenomena that having the world's reserve currency explains (and masks).  But there is one thing I do want to point out about it.  It moots and obsoletes nearly every form of traditional (and sane) economic analysis.  One of the things I loathe about leftists and Keynesians is the intellectual dishonesty they flagrantly display proclaiming their policies (which have failed in nearly every other country) works here in the US.  While marginally true, it's completely contingent on an incredibly lucky economic technicality - we have the world's reserve currency.  You take that away and the US would be no different than Greece, Japan, Spain, Portugal, or any other heavily indebted, non-producing nation.  The truth is modern day Keynsian economics and the leftist faux-economists it has spawned are miserable failures that owe the delay of their demise to millions of WWII soldiers and two very large oceans that blessed the US with a world reserve currency.  And to stand there, hiding behind this fact, while having the audacity to claim they know what they're doing, while the rest of the world proves they don't, is the epitome of cowardice and hypocrisy.

Aaron Clarey is a normal guy who just happened to become an economist.  He does not have his doctorate in economics which makes him superior to most others.  He has authored several books about finance and economics that are actually interesting, insightful, and digestible by the average person.  You can find his rantings and tirades on his You Tube channel as well as is "whenever he feels like it" podcast.  You may also contract his services by visiting his consulting division Asshole Consulting.


Why Investing Is No Longer Possible

In one of my classroom discussions (in a class I teach online), I answered one of my student's questions about dividends and whether it's possible to find an "undervalued stock" in today's market.  The answer ended up being a bit more profound and insightful than I anticipated and thought it might be of benefit to you yahoos:

"As for the art of picking stocks (or any other investment), correct.  The art is finding the undervalued ones, in spite of whether the overall market is overvalued or not. 
 
However, in the past 30 years, ESPECIALLY the past 6-8, the markets no longer reflect the value of investments or the securities they're supposed to.  This is largely due to:
 
retirement plans flooding the stock market
low interest rates prompting companies to borrow at low rates to repurchase shares
HFT
and
quantitative easing money ending up in the stock market
 
In other words, to pick stocks one can no longer look at the individual company or underlying assets of the investment.  You need to predict government policy, federal reserve moves, international monetary flows, and people's investing habits. 
 
Unfortunately, all of that renders traditional analysis moot and (frankly) makes the entire process of stock valuation even more impossible than it was before.  All that being said, it only reinforces the importance of finding an UNDERVALUED stock relative to its dividends or earnings ESPECIALLY given the trillions of NON-investment dollars that are flooding the market and distorting prices."

Saturday, March 07, 2015

Cappy on the Black Brigade

Drove down to visit DT and The Man as they had me on a guest for their podcast.

Here is part 2.

We talk about defeatism within the freedom movement, is it possible to "save America," the "podcast biz," how a YouTube channel is NOT a podcast (enter stuffy elite "cough cough" here), "Charolette Johanssen," "ask Davis Aurini," misanthropy, and more!

Just so you know, I do NOT control how many sounders are put in there.  Take it up with DT.

For Our Military Men

Never happens, right?

Friday, March 06, 2015

Socialists Wonder Why People Aren't Breeding

Ug, the level of stupid in this is amazing.

Governments becoming more and more desperate to get younger people to breed so they can have future slaves to fund their social security eerrrr...."continue the culture and population."

Sorry socialists.

You let every other culture into our countries.
You CHEERED THEM ON and PREFERRED THEM TO OUR OWN
You pay parasites and punish producers
And good lord, don't even get me started about what your feminist division has done to men's desire to pro-create.

No, you created this problem and our future would be children will not be the solution to it.  This is where the game ends and any (unfortunate enough children) born to socialist parents are the ones who are going to pay for your idiocy.

Enjoy the Decline.

Thursday, March 05, 2015

They're Only Human Afterall

I would have guessed,

"Young men who put becoming heroes over finding something worthy of becoming heroic about" as to why young men become terrorists,

but sexual slaves makes just as much sense.

Were the Nazi's (the National SOCIALISTS) Socialist?

I faced a problem.

I had found another one of those "universally known economic assumptions" that everybody assumes is true, but did not know for a fact whether or not it was.  We all know these economic assumptions, and even we are guilty of assuming they're true every day:

Capitalism is the best economic system there is (proven true)
"The rich don't pay their fair share" (proven false)
"Sexism is causing the wage gap" (proven false), and
"Housing always goes up" (absolutely proven false)

However, this one was going to be a little bit harder to prove:

Whether the Nazis (the National SOCIALISTS) were indeed socialist.

The reason I was interested in proving this right/wrong is because it often surfaces when people are debating ideologies and many conservative/libertarian/freemarket types will point out that the "Nazis were socialist" in order to show that not all socialists are "nice" and that Hitler wasn't "right wing".  However, it wasn't simply going to be a matter of going to the FRED database, pulling two data series, correlating them in Excel and then giving the proverbial statistical finger to the left.  It was going to be more problematic.

First, I'll buy you a beer if you can find the actual Nazi's budget.  And I'll buy you a chaser if you can find them going back to pre war Germany.  AND I'll buy you a martini if you can get me their GNP/GDP figures!

They just don't seem to exist. 

It's either been too long ago or the actual documents have been destroy or they're buried in some CIA warehouse next to the Ark of the Covenant.  So I couldn't conclusively point at numbers and had to find some other means.

This brought up the second problem.  Without actual budget figures, I had to rely on academic research.  Unfortunately, this academic research largely focused on military spending and not non-military spending or the overall political-economic philosophy of the Nazi party.  However, it did provide some great insight into what Hitler was "thinking" in terms of economics, as well as precise and specific actions the government took during pre-war and wartime Germany.  Some of these actions included:

Price controls
Establishing a national labor group
Massive deficit spending (however no obvious data was available)
Massive public works (like our CCC, the autobahn, and other Keynesian things)
Rationing
Nationalizing industries
Banning large retail stores (though due to their primarily Jewish ownership)
Government issuance of securities rising to 90% of total securities issued (ie only 10% private sector)
And a corporate tax reaching 98%

All of these are obviously and blatantly socialist, and conservatives may think they've won the debate about whether the Nazis were socialist here.  But you know the left and you know merely citing actions Nazis took is NOT going to convince them.

You need data.
You need charts.
You need irrefutable proof.

That's the only way to get leftists to stare blankly at your data, be speechless, then shrug their shoulders, dismiss your data, and call you a racist (which is the only form of victory you can get over leftists because they are so delusional they think they can never be wrong). 

So inevitably, I knew I would have to find data.  And after a solid hour of researching, I found two datasets, pre-war Germany, that though NOT GDP and the actual Nazi federal budgets, still allowed me to do a little bit of Algebra (that's "math" for you liberal arts majors) and come up with the precise numbers I was looking for:

Nazi military expenditure as a % of GDP

and

The pre-war budget of the Third Reich

When I put them together I could infer the dataset I universally use to determine whether or not a country is "socialist" or "capitalist."

Government spending as a % of GDP


And when we look at the actual numbers we can conclusively say that the Nazis were indeed socialists.

Government spending as a percentage of GDP averaged around 40% pre-war.  Additionally (at least in the beginning) 80% of the budget was spent on social programs, not the hallmark of an "evil, right wing, capitalist economy."  And when combined with the blatant socialist moves of nationalization, government work projects, price controls, and other forms of government intervention it is very clear that the effective economic philosophy of the Nazis was socialism.

However, in intellectually honesty (as well as intellectual interest) there are some interesting observations that need to be pointed out.

One, there was not much time to witness or study Nazism's economic policy that wasn't obscured or masked by Hitler's war ambitions.  Matter of fact nearly all of the academic research on "Nazi Economics" was about Hitler's drive for re-armament.  Ergo, to see the default state of a "peace time Nazi economy" you maybe get that in 1935 before Hitler ramps up the military spending.

Two, the "Nazi miracle" (where Hitler gets Germany to full employment faster than any other western nation out of the Great Depression) is actually quite misleading.  Yes GDP was growing at double digit rates.  Yes, "full employment" was attained.  But it was all due to an overly aggressive rearmament.  So "overly aggressive" that actual standards of living decreased.  The military took so much in terms of resources civilians had to suffer rationing, consume less consumer goods and in general sacrifice for the military.  And this was NOT even during the war.

Three, ironically the same could be said about the US.  Once we entered the war we essentially did what Nazi Germany did during pre-war.  Build up our military at all costs.  Food and fuel rationing.  But in a Keynesian dream come true we "got that dem der GDP figure nice and high and got dat dem der employment rate to full" even though people will still sacrificing.  About the only thing that could be said that was better in the US was that pre-war we were getting out of the depression by supplying the Europeans the materials they needed to kill each other.  This once again shows the obfuscating effect war has on an economy making it difficult to discuss whether that economy is indeed "capitalist" or "socialist."

Finally, the father of Nazism himself, Hitler, actually didn't seem too interested in economics.  He was not consistent in different economic stances, first claiming one thing, then contradicting in another.  And though I did not read Mein Kampf, his overall effective actions (in my research) were to outsource the economics of Nazism to his financial leaders (Schacht, Funk, and Goering).  Here (once again) the focus shifted almost immediately from rebuilding Germany to preparing it for war.

In the end, however, whatever Hitler's and the Nazi's ultimate philosophical economic aims were, the actions and numbers were effectively socialist.  Certainly during "peacetime" and especially so during war (as military spending is still state spending, akin to North Korea).  Thankfully, it is a theoretical debate about what a post-WWII Nazi economy would look like.

Wednesday, March 04, 2015

Gov. Mark Dayton Found to Be Stalking His Wife


Gov. Mark Dayton is seeking a meeting "as soon as possible" with his wife about her decision to go out with her girlfriends Friday night without his knowledge.

Dayton told reporters Wednesday that he did not get advance warning about her going out as it is customary for his wife to inform him of everything she does, thinks, and says. He says he wants to hear directly from her about what she did, why she did, and who she was with.

In a statement, Mrs. Dayton said she looks forward to working with Mark and other Minnesota elected officials to inform them about her intentions and whereabouts last Friday.

Mrs. Dayton told friends Tuesday that she would "do what she wanted because she is her own person and Mark did not own her as a slave." Governor Mark Dayton called this display of self-ownership "tragic."

Original article here.

My take on it here.

Tuesday, March 03, 2015

STD's - "Student Loan Debt"



Remember to vaccinate your children against STD's.  Buy them Worthless.

Helping Blacks is Now "Racist"

I swear, the insanity political correctness has caused:


Alex is Looking to Hire Again

For anybody out there looking for a job (that admittedly is boring, but you can do it from a beach drinking rum and cokes) Alex at Academic Composition is looking to hire.  Information is below:



Want to earn a little extra money on the side working from home? All you
need to do is put up ads on Craigslist, you'll make 5 bucks for each person
who'll respond to your ad. You'll also make a buck for each day your ad
stays live on the forum. No, this isn't one of those "get rich quick"
scams, but it is a reliable way to earn anywhere from $50 to $200 per week
in less than half hour of work. We're now in the middle of mid-terms and
lots of students will be looking for people to write papers for them, so
it's certain that you'll be able to generate plenty of leads every week.
Contact Alex at academiccomposition@gmail.com to get started

If you reside in the United States, you will need to post in the CL sector
allocated for the metropolitan area near you. If you reside in Canada, you
will need to do likewise, but post on Kijiji instead.

Please feel free to apply if you reside anywhere on the Continent, however,
the following regions are the most likely to bring in the highest number of
leads.

1. Los Angeles
2. Denver
3. Minneapolis
4. Vancouver
5. Dallas
6. Austin
7. Atlanta
8. Boston
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10. Toronto
Aleksey Bashtavenko
Academic Composition
Owner & Principal Writer
(540) 300-1253
academiccomposition@gmail.com
www.academiccomposition.com
www.linkedin.com/pub/aleksey-bashtavenko/25/7b8/323/

Sunday, March 01, 2015

Episode #85 of The Clarey Podcast

Why driving through an ice storm in Albuquerque is like Return of the Jedi
The ideas you come up with in Kansas
The "Those were good times" Joke
Shorter to look it up on Google
Venezuela's president blames the US for his screw ups
We'd, sadly, have to kill all North Koreans
What if Whites/Males/Jews/and other boogeymen actually committed the crimes they were accused of?

AND MORE!!!

In THIS EPISODE of The Clarey Podcast!

Saturday, February 28, 2015

Kansas Snow Storm Road Trip Linkage

The costs of falling in love - payment one way I assure you.

And the bubble goes "POP!"

Isn't this the same MSM entity that purposely edited the audio to make Zimmerman sound racist?

When leftists try to "do economics."  (note, she's ugly too!)

What, wait?  WHO just did WHAT!!???

DT and the Man will keep me company on my trek back home.  YOu should listen to them too.

Aurini opens business for his philosophy consulting venture "Aurini's Insights"  Consider visiting him if you have a question about philosophy and everything Davis.

A PhD In Gardening

Honest to god.  I thought it was:

1.  A spoof
2.  And if not a spoof, a bogus degree offered at a bogus school.

It's the University of Michigan.

Which I guess is now a bogus school.

Wednesday, February 25, 2015

Tonight's Bed Stand


Embrace the Suck Part 2

More pictures from this lousy life.  These pictures include scenes from our hike in the Red Rocks state park, a hike down to the Colorado River from the Hoover dam, Cowboy Aurini who is taking well to his new Nevada home, me and the affable Sergeant Rumpie Fluffalo summiting Turtle Peak, and a trip out to the Valley of Fire north of Vegas.









Monday, February 23, 2015

Embracing the Suck Part 1

As many of you know it is my 40th birthday party and I rewarded myself for living this long with a 2 week trip out in the wild west.  The first part was a trek to what (invariably) led to Las Vegas, but entailed exploring the southwest corner of Colorado.  Specifically, visiting Mesa Verde national park and a wonderful hike though "The Canyon of the Ancients" which has similar Ute Indian dwellings from the 1100's.  Just wanted to share some pics and prove to my loyal readers that I am not "goofing off" or "having fun," but am hard at work ensuing that I am as Cappy as I can possibly be.

However, I did want to explain one of the pictures below because it is pretty cool.  It is the cemetery from a true western town that did exist called "Pahreah."  Not only was it a real western town, it was also a movie studio location for various western shows, and a couple of movies.  Not least of which was the final scene in "The Outlaw Josey Wales."  I will simply make the statement that "adventure is out there" and all you have to do is leave your home to discover it.








I Didn't Even Know the Oscars Were On

It's nice to see America is losing its tastes for watching Hollywood masturbate to itself.

Thursday, February 19, 2015

Episode #84 National Parks Podcast Edition

In this surprisingly curse-free podcast:

Observations about the US National Park Service
"Retract the broom stick from my ass"
What Cappy would do if he went back to corporate America
The Priest, the Marine, and the Mountaineer Cappy hung out with in Denver
Cappy's just another, normal, guy
A dad gives up his high paying career to raise his daughter

AND MORE!!!

Wednesday, February 18, 2015

Misogynist MGTOW's

This won't be controversial at all (slight language warning):


Tuesday, February 17, 2015

Why the Left Will Never Stop

Language warning, but a true observation:

Sunday, February 15, 2015

Road Trip Linkage

A ranger goes to college and runs into...hipsters.

You will never replace the nuclear family or a real life father.  No matter how much money you throw at it.

Your first mistake was to assume non-profit people were there for anybody other than themselves.

Two crappy Minneapolis law schools merge into one big crappy law school.

Dalrock is kind enough to cite me in his post about how HR women view the hiring process like dating.

Outstanding

From our Grunge Girl Agent in the Field.

Saturday, February 14, 2015

Episode #82 The Clarey Podcast - Road Trip Edition

I wont lie I recorded this podcast drunk and half of it was not up to my standards after listening to it sober.  Ended up cutting out half of it.  Regardless!

GWAR, KMFDM, Ministry, Revolting Cocks
Emulating people versus being yourself
Naive, idiot Cappy buying flowers for his dates in the 90's
Complete douche moves Cappy did as a youth
Ennio Morricone is still alive and we're all going to Europe
Fuck Switzerland
World's hottest flight attendants? Mexicana Air!

AND MORE!

In this road trip episode of The Clarey Podcast!

I will be road tripping for the next two weeks out west and to the south in celebration of my 40th birthday party.  Posts and podcasts will depend on internet access and free time.

Friday, February 13, 2015

Things Liberal Arts Majors Can't Do

Leave the awesome to the STEM, IT, and geek professionals.



PS - No liberal arts majors were hurt, nor used in the production of this video or any of the awesomeness you just witnessed.

Thursday, February 12, 2015

Victor Borge Now Ennio Morricone

I was talking with The Great Matt Baldoni about music.  I often run my amateurish musical tastes past his to ensure that my ears do indeed have a good taste for good music and I'm not accidentally going pop.  So when I confessed an appreciation for the Spaghetti Western's symphonic scores, specifically the works of Ennio Morricone, I was happy to know that not only did he highly approve, but that Mr. Morricone was still performing.

I thought the man was dead.

This upset me because there are still some stubborn greats that have given death the finger.  Victor Borge was one of them, and I was fortunate enough to see him twice before he inevitably passed.  But did you know Don Rickles is still alive?  And so why not see Ennio Morricone?  There are many truly great legends that still live and PERFORM to this day that we either assumed were dead, or our parents lacked the cultural tastes to inform us of their existence in the first place, leaving us to discover them on our own, only to assume they were dead.

Ennio's performances are relegated to Europe now.  And though I generally loathe the continent, I do believe I am going to have to fly out there to see this great musician before he passes.  Besides, he has the hallmark of a great man that very few modern day ones can match.  And to that, I think we should get a rag tag band of Cappy Cappites to wear tuxedos and rendezvous to see this man perform at least once in our lives.


Debbie Turrentine and the Child Outsourcing Industry

Debbie Turrentine is a 35 year day care veteran in the Springfield area.  And she's upset!  And the reason she's upset is because the State of Illinois is likely to cut not give as much money as they did last year to the Child Outsourcing Industry.

But what is the Child Outsourcing Industry you ask?
And why should we care?

Well young lieutenants, aspiring economists, and agents in the field, pour yourself a cocktail and let Uncie Cappy explain.

It all started long ago in the late 60's and early 70's when two variables or trends were taking place.  One was the 2nd wave of feminism that was educating (then) young girls about independence, equality, and (for some of the more extreme elements) how they did not need a man.  Women could do anything men could do.  And not only could they do that, they could "Have It All" (TM) - a career, an education, a retirement, a husband, and children.  Of course even though this was a trebling of the amount of work that would be required to technically have "everything," the number of hours sadly, did not treble.  Which meant an increase in one of these "things" would necessitate a decrease in another.

The second thing was no-fault divorce.  This allowed husbands and wives to divorce without there being any wrong doing by one of the parties.  In other words, you could divorce for any reason.  So frivolous could the reasons be, people often called it "frivorce."  This resulted in a BOOM in divorce for the first generation to be married under it - the baby boomers.  And just as Jackie Robinson made baseball a hallmark of black athletes, the baby boomer generation made divorce an Olympic event.  Divorce rates skyrocketed to where 1 in 2 marriages ended in divorce, and worse, it now seems this "All American Pastime" has passed onto Gen X and Gen Y.

Now these two trends or "variables" at the time were likely well-intentioned.  Why wouldn't you want women to have all the opportunities and successes of men?  Who wouldn't want to have it all?  And why ruin or even inconvenience your life if your marriage is no longer working?  On the face of it, they seem very logical, even libertinely American.  But sadly they were quite myopic.  For there was one insy, winsy, teeny, weeny, nearly borderline microscopic problem.

Children.

For while the people at the time were very much focused on their own lives, they failed to account for what the two aforementioned variables would do to any would-be mistakes children that would have been brought into this psychotic, dysfunctional, narcissistic environment world.

You see, the problem with children is apparently they take not only resources but TIME as well.  And to deal with these inconvenient parasites society, in nearly ALL parts of the world, naturally evolved a familial structure or system based on the division of labor.

ONE parent would work to earn the resources to support the family, while
ONE parent would stay at home and take care of the children.

This system worked for 2 million years, 3 billion if you include preceding evolutionary relatives of humans, and still works for the vast majority of mammals on the planet today.  However, the people of the 60's and 70's were too busy focusing on themselves to have an ounce of foresight, selflessness, or just plain common sense about how this would affect children.  And so the two aforementioned variables delivered a one-two punch to the families, but mainly children, of America.

By the mid to late 70's children were being brought up under broken homes.  By the mid 80's any social shame in being a single parent was expunged.  And today, it's gone so far that the nuclear family is mocked, while women turkey basting themselves are celebrated as "heroic."  Never mind that children from single parents or broken homes do worse and suffer more on pretty much every other variables.  Society was adhering to the two aforementioned variables and that trumped all.

But there was a problem, especially for the women.

Precisely how were they supposed to "have it all" with these damn parasites running around?  Apparently, you can't just leave them to fend for themselves.  They need to be tended to, taken care of, fed, and entertained.  And what if there's no other spouse in the house?  By golly, that just really throws an inconvenient crimp in one's career and social life, doesn't it?

But never fear, the Child Outsourcing Industry is here.

The Child Outsourcing Industry was originally just a loose network of grandparents, friends, families, and loved ones that would occasional watch over your inconvenient parasites should you and your spouse need a night out and a little adult time.  In its undeveloped and unenlightened stage, it operated from the premise the people who brought the parasites into the world would be responsible for said parasites.  However, such naivety and ignorance was quickly abolished as the desire for "women to have it all" and parents to get out of inconvenient marriages trumped the needs of their children.  And thus, over the past two decades the Child Outsourcing Industry went from mere baby sitters and grandparents to a multi-trillion dollar, government subsidized industry, full of professionals, social workers, and babysitters-posing-as-teachers who would take those nasty, disgusting parasites off of your hands, and raise your kids for you while you pursued a career and filed for divorce.

Of course, this industry does not come cheap.

With the job of parenting now outsourced to the state, the full cost and burden of rearing these unwanted parasites falls on the taxpayer.

Baby sitting masquerading as "daycare"
Baby sitting masquerading as "pre-school"
Baby sitting masquerading as "elementary school"
Baby sitting masquerading as "before/after school activities"

And shucks howdy, let's not forget all the other euphemistic ways the Debbie Turrentine's of the world help take care of your parasites

Special ed "teachers"
Social workers
Guidance counselors
Nutrition specialists
Community centers
Summer program coordinators
School lunch coordinators
School breakfast assistant diversity counselors
 
When you ad that up, by gosh that's some serious dough!

But thankfully in a very Keynesian way, this is a BLESSING, not a curse.  For you see, people like Ms. Turrentine with their worthless liberal arts degrees in "Baby Sitting" "Education" or "Early Childhood Development" or "Social Work" would normally not be employed, for their degrees were more "hobbies" and easy ones that avoided math and practicality.  But now they can find ego meaningful employment for their worthless government make work job profession.  And they are only to happy to do so.

There is however, one slight, minor drawback.

In order to finance all of the Child Outsourcing Industry the taxpayers need to shell out around $2.5 trillion annually.  This necessitates that BOTH parents work to pay the extra taxes needed for the Child Outsourcing Industry.  Thankfully, women wanted to have it all, which means instead of suffering at home raising their own children, they are enjoying a rich, rewarding life, hard at work being "equal to men," stuck in traffic, commuting 2 hours a day, working soul-sucking jobs, bucking for that promotion, kissing their boss' ass, and paying that much needed 50% tax rate (of course, don't let the fact the majority of women major in and pursue careers to merely raise the children of other women, and thus are still being mothers, making this whole industry redundant, kick you in the teeth).

So, as you see, Ms. Turrentine is right.  If the taxpayers don't shell out more dough, some people may actually be FORCED to dirty their hands parenting their own parasites.  Parents would have to look away from Narcissus' pool and contemplate such distasteful things like altruism, selflessness, compassion and love for their children parasites.  And since we all know that men and women are entitled to "have it all," have the right to divorce at any time, and are the most important things in this world, it is vital the government step in and make sure something as inconvenient as children does not interrupt their perfection.

Enjoy that decline, people.  Enjoy that freaking decline.

Aaron Clarey is an evil, right-wing, libertarian, racisthomophobesexistCISgenderedwhitemaleophile, who believes in Western-civilization-centric concepts like empiricism, morality, independence, self-supportation, reality and other hate-based concepts.  He is the author of a lot of mean books, a podcast that should be banned, and a YouTube channel where he spreads his hate.  He even charges for his hate with his consulting division "Asshole Consulting."  He lives in his mother's basement and oppresses people different than him.

Hellz Yes - Man from U.N.C.L.E.



If you want to know why this is a great thing, you need to purchase this and then be as cool as me. 

I should warn you though.  Owning such a cool DVD series in an attache case has been known to make women misbehave themselves.

The Race Whore Industry Scared Stupid...Literally

Everybody knew and warned me that in publishing The Black Man's Guide Out of Poverty I would face a ton of backlash.  To that I responded,

"Tis Christmas, Theo.  It's the time of miracles."

(Bonus points if you can guess the movie and connect the dots)

However, I didn't think the backlash would start so quickly and so STUPIDLY.  Below, a fake review of my book by a fake account.  I highlighted the date it was posted for a reason.




















That reason being I published The Black Man's Guide Out of Poverty at around 6PM February 9th and had sent out NO pre-published copies to anyone.

Either FedEx is super fast and this guy is a very fast reader, or he's just a pimp from the Race Whore industry, not to mention a genuine racist for trying to block a book that would help out a minority group.

It's very simple.  If you want to strike back at this blatant racism and evil, you can buy The Black Man's Guide Out of Poverty here or simply tell friends about it.  They are scared and it's not even been out 72 hours yet.

Wednesday, February 11, 2015

Remember the Aggregators

Sure, the aggregators send us traffic, but how often do you send back the love?

Viva La Manosphere
Delusion Damage
Manosphere 24/7
Libertarian Zebby
Instapundit

And the Pretty Lies Continue

Whatever dipshittery you aging women who blew your chances years ago have to tell yourself.

My favorite is how it's all about inner beauty....

but she still has to wear heels, eyelash extensions, and learn the "beauty pageant walk."

Enjoy the decline, ladies.  Enjoy that decline.

Uh Oh! The Truth About Female and Male Professors!

Brilliant little chart program here where you can type in a trait or word and see (based on major) whether men or women professors in those fields are described as such.  It is based on RateMyProfessor.com and the data is just too funny and telling.

I've tried the follow search terms:

Entertaining
Funny
Pointless
Rambles
Fell Asleep

the best one, however is

hates men/hates women.

Also, do not just look at the sex ratio, also look at the difference between STEM and non-STEM.

Dating Problems of Men in the Bakken

I received this Asshole Consulting request earlier this week and after I thought about it, the video warranted to be a post unto itself.  The reason is not just because of the interesting dating dynamics that result from an environment where men out-populate women 10-1, but the 21 YEAR OLD kid who made the request is every woman's dream come true circa 1950 (makes six figures, owns his own house, got promoted, etc).

However, the tragedy is that it's not 1950.  And what would have been a SUPREME catch back in the day, is eschewed by young women today as they are too busy chasing after their liberal arts majors and the commensurate poor careers that come along with it.  Thus, the next time you hear a woman say, "Where have all the good men gone?" I want you to point them here:


The NPV of a College Degree

Oh no!  Maths!!!!!

Tuesday, February 10, 2015

Episode #81 The Clarey Podcast

The symphonic scores of Spaghetti Westerns
Cappy's childhood memory of his backyard going on forever
The sad realization adventures have a limit and end
Where humans never set foot in America
Cappy refuses to pay a ticket in Switzerland
Cappy refuses to ever move to Switzerland
"Look it up in the dictionary" vs. "Google it"
Parents who'd rather read Danielle Steel that spend time with their kids
Allowing your dogs to piss in your house
Fan mail

AND MORE

in THIS CURSE-LADEN EPISODE of The Clarey Podcast.

The Extermination of the Individual

Uncie Bern Bern delves into the sick and evil world of communist Russia.

Monday, February 09, 2015

Cowardly, Lazy, and Typical, Communist Greeks

Yep, this is not surprising at all.  The ole "reparations" gambit.

Anything to avoid real work, eh Greeks?

"The Black Man's Guide Out of Poverty" NOW AVAILABLE!!!!!

Happy day all!  The Black Man's Guide Out of Poverty is now available on paperback!  Kindle will be following shortly when I get around to it tomorrow after recaulking the seams in my wood burning stove pipe that decided to start belching out smoke earlier this morning.

Stupid Americans Not Playing Keynesian Ball

Given the largest stimulus post WWII, many-a-Keynesians are (secretly) very upset their academic and government economics models are no longer working.

Never mind economics isn't a real study in the first place.
Never mind their flagship economic model (Keynesianism) is based on data only going back to 1947.
Never mind their Lord and Savior (John Maynard Keynes) explained ONE economic phenomenon in his life (the Great Depression)
And never mind every "great" contemporary economist today has failed in their job to get the economy going.

No, we're just going to sit and pout and (scramble) to find/concoct reasons our economic models aren't working and the economy is remaining stagnant despite trillions in stimulus spending.

But while they live-up to the phrase "those who can't do teach or work for the government," real economists are going to try to rationally explain why, despite trillions of dollars in stimulus spending, US economy growth is stagnating. 

Enter - "Animal Spirits."

Animal Spirits is an economic term that is used to describe humans' natural "instinct" of sorts to capitalize on economic opportunities to (primarily) enrich themselves.  And what is perplexing the world's dumbest economists Keynesians now is "Why aren't those gosh darn animal spirits resulting in more growth, investment, and spending!"  We currently have relatively low taxes (if you use government revenues as a percent of GDP) and we also currently have relatively high spending (as a percent of GDP).  And interest rates are at an all time low.  So why aren't those people blowing their life savings on investments, opening up businesses, and buying consumer crap they don't need!?

Well, there's some problems.  While many on the left will point to consumer confidence, the commensurate spending is just not materializing.  THis has resulted in a divergence between confidence and the velocity of money (the rate at which a dollar is received and then respent).





















But if we look at another chart, you start to see something that is really killing those ungrateful, disobedient Animal Spirits - debt.






















(it should be noted the chart only has data going back to 2009, but generally correlates with the velocity figure.  The US FRED database for some reason only goes back to 2009 and I'm too damn lazy to go hunting for the data)

You see, that whole housing crash has had a lengthy effect on people's memories and thus psychologies.  Gen X was obliterated during the housing crash, having whatever equity that may have been built up in their homes destroyed.  And Gen Y is currently saddled with their student loans, not to mention the worst job market (for them) since the Great Depression, prohibiting them from spending money even if they wanted to.

The result?

Throw all the Keynesian stimulus you want at this population, it's been trained to become minimalists, eschew debt, and not play Keynesian ball.

The truth is that effectively two generations' faiths have been destroyed in their futures and the American dream.  And when you take that away from any person, they have no real reason to mobilize as labor, let alone be foolish to start a business.

That sad truth for the charlatans posing as academian and government economists is that when your beloved leader does nothing to boost the economy and spews hatred against investment, success and private property (you didn't build that, not paying your fair share, 14% taxes on overseas profits, Obamacare) it scares away Animal Spirits no matter how much money you piss away on government deficits and no matter how low you set interest rates and no matter how much QE money you print.
You completely failed to instill ANY faith in the future of America, and worse, instead of painting a picture of a future America where success, profits, riches, and wealth are championed, you painted one where such things are criminalized and confiscated.

Your laziness, love for socialism, and envy of others has blinded you from practicality, effectiveness, and reality.  And so you can print off all the money you want.  Promise single mothers all the free housing you want.  And make all the worthless community college degrees free to all 315 million Americans.  None of this Keynesian poppycock will result in genuine confidence among the American people, especially the innovators, entrepreneurs, investors, and other non-parasitic classes who are your only hope of growing the economy.  Ergo, you can expect that velocity of money to stay nice and low and perhaps while you're down there try to scrounge around for some other lofty, theoretical reason your grand, master economic theories are failing.

Dear Seattle, This Is Your Future

You socialists are so dumb.

Sunday, February 08, 2015

Sunday Linkage

This is another reason the US dollar has maintained its reserve status.

"Feminist Choir" proves my law that laziness drives all of leftism.

Affirmative action on parade.  I shall not attend.

Why Corporate America is not your friend either.

QOTD - "Envy drives leftism. The beautiful, never claim EQUALITY with ugly people. Intelligent people do not claim equality with dumb people. Equality is only claimed by those who feel inferior."

I would merely add "are inferior."

How Laziness Explains Everything About Politics

Breaking it down for ye'all


Friday, February 06, 2015

" I Like to Travel, Tee Hee!"

"Lousy Western medicine and their lousy culture and all their damn patriarchy!  I'll show them!!!"

You sure did sweetheart.  You sure did.

Thursday, February 05, 2015

Thursday Night Linkage

A hottie redheaded wifey explains how to avoid Valentine's Day.  I wasn't really paying attention to what she said.

"Journalism" was never a real profession to begin with.  I think the baby boomer infested MSM proved that and removed it far far away from being the "4th branch of government."  But hey, you get your Masters in Journalism all you want.  Real people will just start blogs.

Before you become a mechanic.

Your funny ha ha for the day.

What Single Parents Should Say

I made this comment and realized that it is more profound than I originally thought:

I've never seen, "I'm sorry to my children and I humbly thank all the people who are paying extra taxes and sacrificing extra parts of their lives to afford me and my children a better life.  I will dedicate my life to pay you back."

Never.  Never.

Always, "you owe me more" "don't judge me" "you don't know what I've gone through."

Fuck 'em.  Not even their children will visit them in the nursing home.  Their best friend will be a government check.  They wasted their lives.  Let them suffer it.

Cover's Done!

Still waiting on my $14.4 billion from the Democrat party and Amazon to finalize the book.  In the meantime, here's the cover.  The model is also the photographer and he did a hell of a job.


Wednesday, February 04, 2015

Your Taxes 2015

As our prodigal son returns (because, well, he has to because it's his nature), Child Elkins returns with his 2015 Tax Guide

It's tax season folks, and whether you're an individual or a corporation or a self employed contractor, it pays to pay for Elkin's guide. 

You can find it here and make money on this purchase because the price you pay will more than adequately pay for the price you paid in tax savings.

So stop screwing around thinking you know better trying to read all those damn IRS rules and regulations.  Just buy Chad's guide already!

The $10 Billion Blackmailing of the Democrat Party

100% serious.  You can make it more serious by buying copies for your fellow black male friends.


Tuesday, February 03, 2015

Durrr, I'm a Libral Arts Majer!

Facts!  Gotta love me some facts!

Also no surprise the business majors are bottom barrel too.


Monday, February 02, 2015

IBM Baby Boomers Actually Get It

I didn't believe it when I saw it, but there is ONE company and ONE group of baby boomers who know how profitable it can be to get rid of all that damn office space and allow your employees to telecommute;

IBM.

Read to the part where they gained $1.9 billion when they sold their unneeded office space.

What savvy, charming, handsome, and clairvoyant economist, gifted with SAEG(TM) no less, saw this coming years ago?

Hint - it's not Janet Yellen.

Sunday, February 01, 2015

Understanding the Economic Concept of "Wealth"

"Wealth" or being "wealthy" is well understood by most people in society.  We know "wealth" when we see it.  We all know we want to be "wealthy."  But when it comes to having a thorough and fundamental economic understanding of wealth, most people (even economists) fail.  The reasons are many, but most people just don't have the time or intellectual desire to fully think through "wealth."  However, if you take the time to do, not only do you drastically improve your understanding of economics, but you also dramatically increase your chances of being happy.  And that, ultimately, is the point and purpose of economics and life.

The first "stage" or level of understanding of wealth people have is money.  I remember a friend of mine and I in college walking across campus on a blustery fall day.  The wind was blowing and somewhere upwind somebody must have dropped some cash because soon $1 and $5 bills were blowing right across our feet.

For a nanosecond we were stunned because, well..."there's money blowing across our feet."  But soon our innate, human instincts kicked in and we were scrambling to grab as much cash as we can, pushing each  other out of the way in a spirited friendly competition of enrichment.  After grabbing all we could see we were each about $15 "wealthier," but what I remember most about it was the IMMEDIATE and RAPID genetic response we both had to chase and push each other over bits of green colored paper.

The question is why were we so excited about paper?

Obviously it wasn't the paper as much as it was the stuff the paper could buy.  And if we could grab that money it would allow us to buy stuff that would directly help support and enhance our lives.  And this is the second "stage" of people's understanding of wealth.  It's not about the money.  It's about the stuff.

This is a key epiphany to have because what you realize is that economics is not about the "money" a nation prints.  It's about how much stuff it can produce.  This is why, again, Adam Smith wrote "The Wealth of Nations" not the "Money of Nations."

However, what precisely is stuff?  Yes it is goods and services that can be used to help extend, maintain, and enhance your life, but does just having more "stuff" necessarily make you wealthy?

Well, yes and no.

Everybody needs a certain amount of "stuff" to survive.  We all need a certain amount of food.  We all need a certain amount and quality of shelter.  And we all need a certain amount of clothing.  But for the vast majority of mankind's 2 million year existence on this planet just scrounging up this basic level of "stuff" was incredibly challenging.  Again, it was no more than 300 years ago that hunger was the number on thing humans were battling against for survival.  Thus it is very much hard-wired into our brains to scrounge and consume as much stuff as possible for survival (which is why dogs will not stop eating just as humans won't either and we have an obesity problem despite the "food" problem being solved).  Ergo, human's drive to be wealthy is not so much about the stuff itself but to have the peace of mind, sense of security, and psychological benefit that comes with being wealthy.  i.e. - you never have to worry about starvation, survival, shelter, or work again (notice how immediate and happy people are when they win the lottery).

Now, in a literally sense to be wealthy, this would mean you would have to store up all the food you're going to eat, have a house you will live in forever, and have all the other material items and "stuffs" collected at some massive depot.  Then, slowly, but surely, you'd eat through these resources, dying fat and happy. 

But "stuff" doesn't work that way.  Food rots.  Milk spoils.  Even houses deteriorate and collapse without maintenance.  So how does one get wealthy without owning that actual stuff?

Well, welcome to the third stage.  Time.

At first you'd be tempted to say, "well I would just store all my wealth in the form of money to purchase future stuff!"  And this is true.  You could store your wealth in the form of money in a bank account, silver or gold in a vault, or some other form of economic medium that stores your wealth.

But (bar winning the lottery) how did you get so wealthy in the first place?  Where does this "wealth," the ability to buy future stuff (and so much of it you don't have to worry about it anymore) come from?

Well, the answer is time.

Again, barring winning the lottery or inheriting wealth, you have to understand what wealth really is and what its origins truly are. For while wealth is just "a lot of stuff" stuff at its "economic-atomic level" is created with human time.

I've mentioned this before in several of my books because the concept is so important, but everything you see around you ONLY exists in its current form because human time went into it.  The computer you are reading this on right now was sand, metals, and minerals in the ground.  And that sand, metal and minerals would remain there had it not been for humans to dig them up out of the ground, refine them, and then assemble them into this computer.  The walls and sheet rock in the room you are currently in would still be timber and rock somewhere had it not been for humans who cut, hauled, and built the building around you.

In other words, yes, stuff is the true source of wealth, but stuff does not exist unless humans exchange their time turning raw materials into usable, consumable stuffs.

Thus, when we look at this or any other economy, it is no so much various tradesmen and specialists exchanging their wares, products and services as much as it is an exchange of time.  I will give up my time producing a car in exchange for money.  This money will allow me NOT to buy groceries, but rather to pay for the time of the thousands of people involved in producing groceries.

This then puts the onus and origins of wealth in the only place it can be - your time.  Specifically, how valuable is your time relative to other people whose time you are going to exchange yours for.

If you are going to become an "English major" or an "aspiring rap artist" or a "professional activist" let us be very clear what you are saying.  You are saying,

"My time is worthless.  One minute of my time has little to no value because nobody will exchange one minute of their time executing their profession for me executing mine." 

HOwever, if you were to become a doctor, an engineer, a pharmacist, or a tradesman you are saying,

"My time has value.  One minute of my time will command MULTIPLE minutes of other peoples' because my trade, my skill is that much more difficult, specialized, and in demand."

And it is this disparity, this difference, this deficit between how many minutes of other people's time you can command with a mere minute of yours that builds wealth. 

This is why the "Masters in Pansexual Horned Frog 19th Century Literature Studies" makes $9 an hour serving fries to an electrician who makes $50 hour wiring the house of a surgeon who charges $90,000 for 5 hours of open heart surgery.  However, don't think of it in terms of "dollars per hour" think of it in terms of "minutes of a skilled person per minutes of an unskilled person."

If I do the math right, just ONE MINUTE of the surgeon above can command 2,000 minutes of the Pansexual Horned Frog Literature major.  And since it is human time that ultimately makes all stuff, you can see with such an huge ratio how skilled people can accumulate and command such wealth.

This, technically explains to the atomic level what wealth really is and where it comes from.  However, this is only on an economics level.  There is one final stage to truly understand wealth, and this also involves time.

Understand there is a law of diminishing returns to wealth.  That once you get enough of it, you derive less and less benefit from it.  So when Bill Gates made his first billion, no doubt he was very happy.  But what about the next billion?  And the next billion?  And that one after that?  For all practical purposes the "first" billion took care of most of his material needs, desires, and wants.  But as fun and awesome it is to have lots of "stuff," stuff is not the most important or sought after item in the world.

It's other people. Specifically their time.

Yes, you can command people through money and the labor market to give you 4 minutes of their time in exchange for 1 of yours.  But they are working for you and in the end are giving you the finished product of "stuff."  But what humans truly value is the time and company of other people who do not give them a "product" or a thing in the end, but companionship, love, friendship, and intellectual stimulation.  It is (again) why playing video games is fun, but playing against your friends online is even better.  Going to a movie is great, but watching it with friends is better.

In other words the ultimate form of wealth is other people WILLINGLY deciding to spend a percentage of their finite and dwindling lives hanging out with you.  Not in the expectation there will be "stuff" at the end, but simply because they want to.

This then changes the focus of wealth from "skilling up" or "leveling up" so your time is more precious than other people's time in the labor market, to that of being a good and enjoyable person.  A good and enjoyable person that people willingly spend their time on.

Are you honorable?
Are you honest?
Do you speak the truth?
Are you interesting?
Are you funny?
Are you selfless?
Are you altruistic?
Do you have standards?
Do you have ethics?
Are you charming?
Are you entertaining?
Are you interesting?
And are you humble?

In other words, to be truly wealthy you need to command other people's time in two different ways.  One, economically so you can accumulate enough wealth all your material needs are taken care of.  But, two, socially so other humans willingly spend time with you and you have good social, familial and romantic lives. 

This final "stage" or epiphany is arguably the most important economic lesson humans need to learn.  Because once realized not only does it makes people happier, but it has a drastic and amazing effect on your personal finances.  For once you realize that true wealth comes from friends, family, and loved ones, your need to make a ton of money for material wealth disappears, or at least is severely lessened to a minimalist level.  And if all 315 million Americans realized this, imagine what would happen to our finances.

Nobody would be borrowing money to buy a fancy car they can't afford to impress people.
Nobody would be buying designer jeans or bags to impress people they hate.
Nobody would be slaving away to pay for a mortgage on a McMansion next to the Joneses. 

Nearly all consumer and personal debt would be wiped out (or severely lessened), people would adequately save for retirement, and a level of sanity and economic knowledge would pervade the entire population that no doubt would lead to a much more stable, brighter, and happier economic future.

But something tells me more people will tune into Kim Kardashian's derriere than read this article.

Oh well, enjoy the decline!