The Political Class has no skin in the game

Says Ron Paul-supporting Nassim Taleb.  Here’s a quote of Taleb’s, from Reason which quotes his Facebook page:

“What we are seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who are telling the rest of us 1) what to do, 2) what to eat, 3) how to speak, 4) how to think…and 5) who to vote for.

With psychology papers replicating less than 40%, dietary advice reversing after 30y of fatphobia, macroeconomic analysis working worse than astrology, microeconomic papers wrong 40% of the time, the appointment of Bernanke who was less than clueless of the risks, and pharmaceutical trials replicating only 1/5th of the time, people are perfectly entitled to rely on their own ancestral instinct and listen to their grandmothers with a better track record than these policymaking goons.

Indeed one can see that these academico-bureaucrats wanting to run our lives aren’t even rigorous, whether in medical statistics or policymaking. I have shown that most of what Cass-Sunstein-Richard Thaler types call “rational” or “irrational” comes from misunderstanding of probability theory.”

It seems to me that people realize something is grievously wrong with the way they have been governed, and they want it to change.  The problem is, most people don’t understand that the slow destruction of political liberty is to blame, which is why they’re rushing headlong into the arms of “Anti-Establishment” authoritarians like Trump and Sanders.

Pope Hat on Trump’s own personal Pravda, Breitbart

Hilarious.  Trump’s anti-Establishment facade is wearing thin, it’s been clear from the beginning he’s an unabashed authoritarian, and clearly cannot wait to take the reins of power.  There’s nothing “Ron Paul” about Trump.  Sometimes it seems that the majority of the people want an Authoritarian, but also need their conscience assuaged by Anti-Establishment rhetoric.  With Trump you get both.

Colorado rules that marijuana convictions obtained before legalization can be overturned

RT: “The Colorado Court of Appeals has ruled that residents there convicted of marijuana possession before recreational weed was legalized may be eligible to have those decisions overturned.

As of January 1, 2014, adults from Colorado are legally allowed to buy up to one ounce of marijuana under the state Constitution’s recently passed Amendment 64. But with upwards of 9,000 marijuana possession cases being prosecuted each year before then, a huge chunk of the state’s population is now left wondering how the newly enacted law impacts previously decided court rulings.”

A cashless society would be a prison society

Interview with Tom DiLorenzo.  Anonymity of association is a central pillar of liberty, and protects liberty far more effectively than any politician ever could.  This is why the Political Class hates it, and why they want the public to believe that only child predators and terrorists would ever desire it.

In the interview, Tom delves into the central banking implications for a cashless society.  A cashless society is far easier to engineer by that financial Leviathan called the Federal Reserve, meaning the economy becomes far easier to manipulate in the short run for the Political Class themselves.