In case you have not talked about this enough already…

Covered everywhere (including here!) in the last 24 hours.

As usual, Zerohedge does a freaking stellar job of dissecting the argument. The core:

We’ve all heard the prefabricated gun control talking points before.  Some of them so old they predate us.  They are numerous and most of them incredibly thin.  The gist of the anti-gun position, though, could be boiled down to these three points…

Common Anti-Gun Arguments:

1) The 2nd Amendment is “outdated” and no longer relevant in today’s modern society.

2) We do not want to stop you from “defending yourself”, or interfere with the American tradition of hunting, but people do not need “military assault weapons” for either.

3) Your claimed freedom to own guns should not supersede my freedom to live without fear of guns.  We exist in a society, and our society requires us to give up certain freedoms so that it can function.

Again, in response to these arguments, I have to ask, what does the 2nd Amendment mean for the future?  What was its original intent?  Gun control advocates would like to ignore the fact that the Constitution specifically protects a broad application of gun ownership, but when they cannot deny the legality of it, they instead turn to more abstract and existential methods of attack.  They try to twist the original intent of the 2nd Amendment to further their goals.  To respond briefly to each of the above fallacies:

1) The right to self defense from ANY threat, whether it be an individual, or a criminal government, does not “outdate”.  It is a universal and eternal freedom.  It is a foundational pillar of natural law.  Even if the 2nd Amendment did not exist, I would still have the inborn right to arm and protect myself and those I love, and the best way to do that is to own firearms.  The men who drafted the Constitution were far more intelligent than any pithy gun grabber today, yet, these socialist errand boys seem to believe that they have “surpassed” the wisdom of the Founders.  The amount of ego required to fuel such an attitude boggles the mind…

Gun violence and violence in general will not end simply by banning firearms.  The very idea that any society can remove all weapons from their sight is naïve to begin with.  Criminals always find a way.  Murder, rape, and mayhem will continue until you confront the root problem, which is the human mind, and the human heart.  Only when these two things are balanced in all people will violence end.  Disarming good men and women has never made a society “safer”.  When the power of defense is removed from the people, someone, somewhere, will seek to abuse their weakness.  The most armed entity of the time invariably becomes the subjugator, and usually this is the government.  Nazi Germany, Stalinist Russia, Mao’s China, Pol Pot’s Cambodia, etc, all contained disarmed populations.  The guns were gone, and still millions upon millions died.  Modern day Mexico is a perfect example of a disarmed population that is now living in terror because of criminal organizations (which, of course, still have guns).  Disarmament does NOT end gun violence, it only changes the dynamic of who uses that violence, and it makes innocent victims easier to attack.

2) Because the legal argument over the “interpretation” of the 2nd Amendment is essentially over, and the Supreme Court has ruled that gun rights do indeed apply to individuals, and not just collective bodies like the National Guard, gun grabbers are now reverting to the argument that we ARE allowed to defend ourselves with firearms, but the kinds of firearms we are able to use can still be limited.  The goal of this argument is to fool gun owners who only possess conventional firearms (hunting rifles) into believing that they will not be personally affected if they support a ban on military style weapons.  These wishy-washy hunting enthusiasts are often referred to as “Elmer Fudds” because of their gullibility.

All gun confiscation programs start by chipping away at the outer barriers of gun ownership.  Like termites slowly chewing away at the wooden skeleton of a home, anti-gun proponents start small and end by destroying the entire edifice.  Anyone who believes Feinstein’s legislation will begin and end with AR-15’s and AK-47’s is living in fantasy land.  That said, the 2nd Amendment was not established for hunting purposes.  Nowhere in the writings of the Founding Fathers do they mention “hunting” as their primary concern.  Instead, gun rights are protected in order to ensure that the citizenry remains dominant over any centralized government that turns to corruption.  We are supposed to police our own political leaders, and without military style arms, this becomes increasingly difficult.

Gun grabbers will argue that our government is not the enemy because it is derived through democratic elections.  They will say that we can change it anytime we like in the voting box.  I would point out that regardless of which party is placed in power through elections, nothing in terms of our direction as a country has been changed, and, that both parties support almost identical policies.  For instance, Obama has come out in favor of nearly identical policy initiatives to Bush, and I can almost guarantee that many Republicans will sign onto the gun control efforts of Democrats despite their supposed pro-gun rhetoric.  When the two party system becomes a one party system, voting becomes irrelevant.

Finally, they will admonish the idea of an armed citizenry keeping the government in check as a “fairy tale”.  They will claim that in the face of modern military might, constitutionalists would be crushed.  For what can an AK-47 do to an F-15?  Apparently, they have never heard of Afghanistan, which has used AK-47’s and 30 year old armaments to repel two technologically advanced armies; the Soviet Union and the U.S.  Of course, the Afghanis did not allow themselves to be disarmed…

3) Here is where we get into the nonsense of intellectual idiocy.  The only real skill which academics seem to have is jumbling piles of logical fallacies together to make a single argument that sounds “rational”, but, in fact, isn’t.  The third debate point is an extremely collectivist one, and collectivist arguments generally exploit the idea that individuals must sacrifice their personal freedoms in order for the group to function.

The truth is, the group does not matter.  The perceived collective concerns and fears of a mass of people are not relevant.  All that matters are the concerns of the singular man or woman, and whether or not those concerns are legitimate.  If a person “fears” guns and gun violence, then that is their private problem, not the problem of our entire society.  We as gun owners should not have to relinquish our rights because others are afraid of what MIGHT happen to them.  We should demand that they control THEIR fear, instead of being allowed to control OUR guns.  Just because a portion of our country shares this individual fear does not make that fear any more credible, or any more our problem.

And, some unintended consequences…

I have heard it argued that Americans are passive.  We didn’t rise up against the last Assault Weapons Ban. We didn’t rise up against the Patriot Act.  We didn’t rise up against TSA molestation.  We didn’t rise up against warrantless wiretapping, the assassination of U.S. citizens, or even the NDAA.  The people who make this point, though, are not looking at the larger issue.  It is one thing for our government to pass legislation; the wider application of that legislation on our streets and at our doorsteps is another matter.

Feinstein’s bill is unprecedented in the history of this country, and requires widespread enforcement in every town and hamlet in order to be effective.  The way in which it is designed makes a violent response from the public inevitable.  It reaches far beyond the Assault Weapons Ban of the 1990’s, calling for the creation of a massive database of almost all gun owners in the United States.  This database will require citizens to submit their EXISTING firearms to cataloging, and the owners to be filed and fingerprinted like criminals.

The bill will ban the outright the sale, manufacture, and transfer of at least 120 models of firearms (which have not yet been named).  It will ban the manufacture and sale of most if not all semi-automatic rifles and the bill specifically targets handguns as well.  Large capacity mags and mag fed weapons will essentially disappear from gun stores.  Though, those guns designated as “hunting rifles” will be exempt (for now).

Good points all around. I’ll leave you with this screenshot of the first two comments that I saw after I finished the article today:

Screen Shot 2012-12-28 at 3.25.44 PM

Outnumbered

Coming up for air for a bit here to send this link along from WRSA.

We are outnumbered.

This was confirmed by dinner last night with a colleague from the NYC are when conversations turned toward current events.

CommieRat looks around at Mid-Town Atlanta and says, “It’s funny to think this was all burned to the ground once. There’s talk of secession again by some people. Those bastards ought to get fire insurance cause we will just come down here and burn it all again. We could probably even find one of Sherman’s relatives to do it for us.”

Not kidding in the slightest. This came out of the mouth of an early fifties white male who makes six figures.

Plan accordingly.

 

The Heating of the Rhetoric

In my life, I never thought I would see an article like this out in the open and not buried down in some obscure, tinfoil hat publication:

Whatever chicanery Obama and his investors may be contemplating, it will probably unfold against some gargantuan crisis, manufactured or otherwise.  So cast your mind back to September 11, 2001, the day of the New York mayoral primary.

I fear some of this may come to fruition between now and January 2013.

The Not So New Newspeak

Orwell reference for those of you who didn’t read the book.

Article which motivated this post.

The timeless paradox of Schrodinger’s Cat, though after reading this, I’m beginning to question Quantum Theory as a whole. Lest we digress…

The bit I’m referring to:

Just spent a record high amount at the gas pump for this time of year? The BLS says you didn’t, and after all when it comes to reality, the BLS has a right of first refusal. The just printed headline CPI came at 0.4%, just in line with expectations of 0.4%, while core CPI of 0.2%, missed expectations of 0.3%. That’s right: not only is inflation meaningless, it is less than expected, leading to surge higher in stocks, bonds and the EURUSD. As for those items which are once again soaring in prices such as food and gas? Luckily, those can be hedonically adjusted by everyone to virtually zero. (wait? You still pay your mortgage or rent? Sucker!) Remember: the iPad is deflationary.

While some of this is like the political numbers game that the news outlets constantly play, there is, as always a shred of truth at the core. That truth is simple: Your currency is decreasing in value, sometimes exponentially, and therefor, commodities you use to, you know, live, are increasing in price.

It is true that economics can get complicated, this however, is not one of those times.

Dear readers, this impacts your way of life. This will impact the battle space going forward, and how your tribe fails or succeeds.

A government that will blatantly lie through one of its functionaries today when things are still pretty good, will magnify that to an order of magnitude when things get worse. Newspeak is the order of the day, and will be the vision of the future.

To clarify something I feel is critical regarding why I post so much econ related content:

  1. There is a wealth of fodder about it.
  2. It will impact you & yours going forward.
  3. It is the biggest picture view I can find.

I believe we are about to go through at least two decades of misery – globally. Life in America is going to radically change. The decadence we have known since we destroyed global industrial production during WWII will end. Life will be harsh, and an entire generation is likely to be decimated.

It is up to us to mitigate that damage by understanding the trajectory we are on and adapting solutions to counter that damage.

The ‘first right of refusal on reality’. Think about that dear readers. Times are still good. I would venture to guess that if you are reading this post in a western nation, you went to sleep in a bed last night with your hunger and thirst satiated. Again, think about what that propaganda would look like when unemployment is at 30% and inflation is spiraling out of control.

 

Denninger Sends

From one of yesterday’s tickers:

Take a look at the FVX (5yr Treasury Yield) and you see a materially-more-frightening thing.  Yields have backed up from 0.7% to 0.97%.  Sounds trivial.  It’s not — it’s a huge move, close to 40% on yield since the end of January!

Yep.

This matters because the Federal Government’s deficit spending in February is what has been driving the “improving” economic numbers, just as it has been for the last three years.  This is a pincer move; while yields have to normalize if and when they start to move in this direction that move will also choke off federal deficit spending capacity.

The Depression featured this sort of attempt at “repression” by The Fed and government and it was unsuccessful.  It looked successful for a while, but eventually the math caught up with them and we slumped back into the morass.  Our “exit” was war; we blew up all of our industrial competitor’s output capacity and by doing so rejiggered demand.  That’s a rather bleak way of looking at what was “death by all forms” for the common man, but from an economic perspective that’s what happened.  But “war as a solution” since that time hasn’t “worked” (and in fact can’t) since small-ball wars run into the broken-window fallacy; you can’t “win” by breaking windows as the economic damage from a war exceeds the benefit.  For war to be a “winning” strategy you have to literally flatten your economic competitors so that even with the economic damage you wind up with a net benefit.

Wall cloud indeed.