MEMBER LOGIN  l  FREE REGISTRATION
The Daily Bell Newswire

Exclusive Interview

Sunday, March 11, 2012

Wendy McElroy on Sex, Rape and Libertarian Feminism

With Anthony Wile
44

Wendy McElroy

The Daily Bell is pleased to present this exclusive interview with Wendy McElroy.

Introduction: Wendy McElroy is a prolific book author, columnist, speaker and contributor to prestigious journals and magazines, often with an "alternative" slant. She made her reputation as a young writer commenting from a libertarian standpoint on feminism, and taking a pro-ponography position that was anathema to the feminist "old guard" that saw pornography as a tool of chauvanist oppression. McElroy has continued to speak out, nonetheless, on issues of the most importance to her: libertariansim, anarchism and, of course, feminism. She has served as a weekly columnist for FoxNews.com and is the editor of the feminist website ifeminists.com. McElroy is also a research fellow at the Independent Institute, and contributing editor to Ideas on Liberty (formerly The Freeman), The New Libertarian, Free Inquiry and Liberty magazines.  Her writing has appeared in such diverse periodicals as National Review, Marie Claire and Penthouse. For over a decade, McElroy was a series editor for Knowledge Products.  She has written and edited many documentary scripts for audio cassette, some of which were narrated by Walter Cronkite, George C. Scott and Harry Reasoner. 

Daily Bell: Give us some background on yourself. Where did you grow up? How did you come to identify yourself as an anarchist?

Wendy McElroy: I was born in Canada into a lower working class family. I ran away from home when I was 16 years old, living on the streets for a short period. Although I have published in scholarly journals and through such publishers as Penn State Press, I have no university degree. I consider my lack of formal education to be an advantage, which reflects my poor opinion of academia.

I read Ayn Rand when I was 15 years old, beginning with the novel We, The Living. I then consumed everything I could find by Rand, identifying myself as an Objectivist. In some ways, I remain an Objectivist. I still agree with Rand's metaphysics, epistemology, economics and much of her politics. I disagree with her acceptance of a limited government, with some of her ethical positions (especially on sex) and with her aesthetics.

I became a libertarian after being able to articulate these differences. From there, I advanced to anarchism due to the intellectual and personal influence of Murray Rothbard. His book, Man, Economy, and State, was particularly important in the process.

Daily Bell: Tell us about XXX: A Woman's Right to Pornography and why you wrote it. When did you decide to be pro-pornography when it so obviously cuts against the grain of women's liberation?

Wendy McElroy: XXX was the first exploration of pornography in which a feminist went to the women actively involved in the porn industry to find out whether the accusations of exploitation, coercion and poor treatment were true. Other books and the theories espoused were based on ex-porn actresses who were bitter about their past and encouraged to vent. I did not and do not dismiss their stories but I think researchers who credit such women as being representative of the industry are using a self-selecting filter and therefore produce badly skewed data.

I interviewed dozens of working porn actresses and producers. I went to conferences and onto sets. I learned the difference in the policies through which the main companies operate; for example, some put actresses under contract while others have no contracts at all. I treated pornography as a business to be examined. I treated the women as adult human beings who were expressing a lifestyle and employment choice. My focus was to uncover any signs of abuse or coercion. I found none.

You ask when I became "pro-pornography." Perhaps ironically, I am not particularly pro-pornography in terms of my personal life. I am pro-pornography politically because I have never viewed the presentation of sexual material, even in graphic form, to be anything other than an expression of free speech. I concentrated on the free speech and free choice that is pornography largely because it was under such concerted political attack.

Moreover, I suspected that much of what I heard or read on the subject was false. My suspicion was fortified by a friendship with Norma Jean Almodovar, a call girl who once ran as a vice presidential candidate for the Libertarian Party. Through her, I met various women who were sex workers. They didn't fit the standard feminist stereotypes.

Daily Bell: Tell us about Sexual Correctness: The Gender-Feminist Attack on Women and why you wrote it. Put it in context, please, with your other books.

Wendy McElroy: XXX focuses intensely on one issue: pornography. Sexual Correctness is a general critique of the theory and issues that constitute gender feminism, which I often call politically correct feminism. The issues it covers range from affirmative action to abortion, from sexual harassment to surrogate motherhood.

Daily Bell: You have also written, Ethiopia (World's Political Hot Spots) and The Middle East: Israel, Palestine, and the Arab States. Explain why you wrote these books for our audience, if you don't mind, and how they fit in with your larger themes about female empowerment, sexuality, etc.

Wendy McElroy: These were among the 20 or so documentaries I wrote while working as a scriptwriter and editor for a documentary production company named Knowledge Products in Nashville, Tennessee. They have nothing to do with feminism but instead address general history, as they were intended to be educational tools used by universities, the public, etc. To the extent there is a slant, it is libertarian.

Daily Bell: Any other books or articles you want to comment on? Any new ones scheduled?

Wendy McElroy: A new book of mine is due to be published through Laissez-Faire Books this year. It is entitled The Art of Being Free: The Politics of Everyman and Woman.

Daily Bell: Would you identify yourself as a leftist anarchist? If so, why? Can you be precise about your anarchist beliefs? Do you believe in true voluntarism?

Wendy McElroy: I am an individualist anarchist. In the 19th century, individualist anarchism defined its political goal as a "society by contract" in which all people possessed equal rights and an equal responsibility to respect the rights of others. The only other factor that restrained the peaceful person was contract – that is, the agreement or legal commitment he or she made to another in exchange for a consideration. If someone did not live up to a contract, then the aggrieved party had a legal right to seek redress through arbitration or any other reasonable means employed by a free-market judicial system.

I understand why you would ask about identification with leftist anarchism, however. Many current anarchists who could lay claim to the label "individualist" prefer to call themselves "left-libertarian anarchists." The label originated with a now-deceased old friend named Samuel E. Konkin III. One defining aspect of left-libertarianism is an avid rejection of corporations as creations of the state with artificial privileges not possessed by individuals, such as limited liability. I agree with that assessment but I prefer the adjective "individualist," perhaps for sentimental reasons.

Daily Bell: We think pure voluntarism in small groups results in clan or tribal societies that are ultimately cooperative enterprises. Ironic? Would you agree or disagree?

Wendy McElroy: Pure voluntarism is nothing more than peaceful interaction and I don't see why this is more conducive to tribalism than it is to a large-scale free-market society. At various periods of history, quite a few societies have operated in relatively laissez-faire manner. Indeed, I believe the more peaceful a society is, the more likely it becomes that the individuals will do business with "outsiders," if you will, and so form trade relationships and bonds. Peaceful behavior and exchanges of mutual benefit break down the barriers between societies, peoples and tribes.

Daily Bell: What do you think of theories featuring the Illuminati, etc?

Wendy McElroy: The problem with conspiracy theories is the extreme difficulty one has in proving them. I am fond of proof, of evidence. By their very nature, however, covert operations often leave little evidence and may well leave misinformation. On the other hand, I have no problem believing that powerful people and factions quietly manipulate events and mechanisms (such as the banking system) to their own advantage. This is human nature and one reason why political power should not be centralized.

Frankly, the main obstacle to calling something a conspiracy is that so much of human history can be ascribed to other factors, such as incompetence or naked political ambition. When I try to sort a situation out so as to weigh the probability of conspiracy, I start with sequere pecuniam or "follow the money" and, then, ask cui bono or "who gains?" If the direction of the money or other gain and the recipient(s) are consistently the same, then conspiracy starts looking plausible.

Daily Bell: Is Islam a religion of violence? Is Christianity a system of peace?

Wendy McElroy: The answer to both questions is "yes" and "no." I know far more about Christianity than I do about Islam but I believe certain statements are true of both. For example, I believe the Koran is like the Bible in that people discover what they wish to find in it. Some come away with a commitment to pacifism while others find a reason to kill their neighbors. Generally speaking, I do not blame religion for the actions people choose to take. They are responsible.

Daily Bell: Are you what we call a Brownian? Do you believe that central banks ought to be the property of the state and that it is the state's purview and responsibility to issue money?

Wendy McElroy: No. Of course it is not the state's purview. Anyone should be able to issue money and use it freely with anyone else who is willing to accept it. This has made a dog's breakfast of money largely because it is so immensely profitable to inflate the currency and, so, steal an ever increasing portion of wealth out of everyone's wallet. As long a there is a government monopoly on the issuance of money, a free society is not possible.

Daily Bell: Do you believe that a power elite, a formal, organized group, controls central banks? How come there are 150 central banks today when 100 years ago there were basically none?

Wendy McElroy: In the presence of agencies such as the World Bank and the IMF, it is difficult to believe anything else. Or rather, clearly there is an elite that is trying to impose its agenda on the world. How successful they are is open to question. Often they compete with other "elites" who have different interests, such as rulers of China or other specific nations. Certainly, they are competing with market forces, like supply and demand. That's like fighting Mother Nature.

Daily Bell: What is money? Do you believe in competing currencies? Do you believe as we do that bi-metalism would have a place in a private economy with competing money?

Wendy McElroy: If a dog eats it, then it's dog food. If people accept something as a medium of exchange, then it's money whether we are talking about shells, coins, or government script. Is it good money? For example, does it provide a reliable store of value? That's a different question. I believe gold and silver (as well as a few other commodities) are among the best forms of money. Privately issued currency that is convertible into other forms of money may well be equally reliable, depending upon the issuer.

Privately issued money circulated widely in the United States during the 18th and 19th century. Indeed, during the Civil War, within some states it was commonplace to specify that government contracts be paid in one of the private currencies. And gold clauses in contracts were almost standard until Franklin D. Roosevelt outlawed the use of gold as currency. Whenever a government outlaws competition in providing "a service," you know at least two things: The competitor was doing a better job and the so-called service will now be put to the purposes of the government.

Daily Bell: Freer societies would certainly be preferable to the large totalitarian societies we have now. But you're a self-identified feminist. How are feminism and anarchy compatible?

Wendy McElroy: The form of feminism I advocate seeks to have women and men treated equally under just law, with "just laws" being defined as ones that protect the person and property of everyone equally. I don't see any conflict with anarchism in that definition. Feminists who advocate egalitarianism are trapped by the need to use force, usually in the form of government, to redistribute wealth and power in order to fulfill their vision of justice. Feminists who believe women must be culturally or socially equal to men are trapped by the need to regulate the attitudes of society (of individuals) in order to stamp out the wrong views.

As long as there is equality under just law and equality in its application, I don't seek to force anyone to do anything. What I cannot accomplish by persuasion or education will have to remain unaccomplished.

Daily Bell: Why were so many American feminists seemingly socialists or communists? Or is this an untrue perception?

Wendy McElroy: Your perception is correct. The roots of American feminism are deep into the abolitionist or anti-slavery movement that arose in the 1830s and those are individualist, libertarian. It is a true shame that the early history of American feminism has received so little attention and is usually badly distorted whenever it is discussed.

What is called Second Wave feminism, which arose in the 1960s, was far more liberal in the left-wing sense and defined by leaders such as Betty Friedan. By the 1980s, feminism was dominated by radical left voices, such as that of Andrea Dworkin and Catharine MacKinnon. For example, MacKinnon's influential book Toward a Feminist Theory of the State explicitly used Marxist theory to forge an integrated explanation of women's "exploitation" as resulting from a class struggle between the genders, in which capitalism was a tool wielded by men or the patriarchy. From this perspective, she offered radically new views of pornography, prostitution, rape, abortion, and domesticity...just about every social issue.

Left feminism won the argument. Not by merit but by loudness, by political means, and by the reluctance of dissenting feminists to fight what became a very dirty contest? The left captured the anger of women; they offered women the extreme emotional, political and financial advantages of being deemed 'victims'; they successfully inserted themselves and their theories into key institutions of society such as academia and the law. I believe the heyday of left feminism has past but, as long as its theories are institutionalized within society, sheer inertia will make the movement stagger on for some while.

Daily Bell: You're a founder of the "The Voluntaryist." Tell us about it.

Wendy McElroy: The best introduction to Voluntaryism is to quote the Statement of Purpose of the newsletter "The Voluntaryist." "Voluntaryists are advocates of non-political, non-violent strategies to achieve a free society. We reject electoral politics, in theory and in practice, as incompatible with libertarian principles. Governments must cloak their actions in an aura of moral legitimacy in order to sustain their power, and political methods invariably strengthen that legitimacy. Voluntaryists seek instead to delegitimize the State through education, and we advocate withdrawal of the cooperation and tacit consent on which State power."

Daily Bell: Explain why you defend pornography as a feminist.

Wendy McElroy: There are two primary reasons that I defend pornography. First, I believe in freedom of speech. It has never made sense to me that society believes you should be free to explore religion and politics in almost any peaceful manner you wish but similarly exploring sexuality is verboten. Why is sex any less core or essential to your well-being and identity than spirituality or how you vote? People should be free to read anything sexual, to view any sexual images of consenting adults. Sex, like eating, is a basic of life. It makes no sense to punish and stigmatize a basic of life.

Second, many women actively choose to become sex workers, including porn actresses. It is not my preference but I do not disparage the peaceful sexual choices of other women. I am sincere when I say "your body, your right." That doesn't mean I don't have a well-defined moral code that guides my own life, my own choices. It does mean that I am unwilling to politically impose my moral code upon others.

Daily Bell: You have made distinctions between capitalism and free markets in the past. What are they?

Wendy McElroy: Laissez-faire capitalism is a specific economic arrangement. I think it is the arrangement that best reflects individualism and promotes a general prosperity. But I am not overly evangelical about it because, first and foremost, I advocate freedom. I want peaceful people to be able to choose an economic system and economic arrangements for themselves. If my neighbors wish to set up a voluntary commune that operates along communist economic principles, it is their right and I do not intend to become an Austrian version of a Jehovah's Witness who knocks on their door to ask, "Have you let Mises into your heart?" I currently have Mennonite neighbors whose economic and social arrangements would make me flee in terror if I had to live them. But those neighbors have chosen that lifestyle, and I would not have it any other way. The ability of everyone to peacefully choose their economic path for themselves is my overwhelming priority; this is the free market at work. My secondary priority is to explain to those who are interested why I consider my choice of a specific economic arrangement – that is, laissez-faire capitalism – to be superior.

Daily Bell: You credit Murray Rothbard's book Man, Economy, and State: A Treatise on Economic Principles as being "solely responsible for turning you from the advocacy of limited government to a lifetime of work within the individualist-anarchist tradition." Are you a formal Austrian − do you believe in formal concepts such as Human Action and the business cycle?

Wendy McElroy: I am not an economist and so I would feel pretentious in calling myself "a formal Austrian" even though I embrace almost all of the economic theories of Mises, Hayek and Rothbard. I think Misesian praxeology is brilliant, Hayek's social theory and critiques of socialism are invaluable and I intellectually owe Murray more than I can ever repay, although I do try to pay it forward. I agree with the business cycle, marginal utility, etc.

I have certain disagreements, of course. I wish Mises had not credited certain government programs, like public education. I do not agree with Hayek's acceptance of the Rule of Law. And, unlike Rothbard, I do not believe fractional reserve banking is either fraudulent or irresponsible. I suppose this makes a homeschooling, non-Rule of Law Austrian who would happily park her life savings at a fractional reserve bank.

Daily Bell: You've defended Julian Assange along with many others. Do you think the rape accusations are fair?

Wendy McElroy: I can make no comment about the rape accusations themselves. I would need to read the surrounding legal documents before making a public statement about their credibility. What I do feel able to comment upon is the unfairness of the laws under which the accusations will be adjudicated if Assange is deported to Sweden. For example, Sweden's definition of legal rape includes the idea of 'unlawful coercion', which involves exerting emotional pressure on someone to have sex. In other words, talking someone into bed. A man in Assange's position of wealth and power would be particularly vulnerable to this form of 'rape', which carries a possible four-year sentence, because it could be argued that his status allowed him to exert an inordinate level of influence.

Needless to say, I disagree with the notion that falling for a "good line" or being gullible is the same thing as being raped. Indeed, as a woman who has been raped, I am deeply offended by the suggestion that the two scenarios are in any way equivalent. Sweden's law trivializes the brutal crime of rape and leaves nonviolent men open to unjust imprisonment.

Daily Bell: We've written in many articles that Assange may be a kind of false flag, funded by the elites and promoted to generate memes favorable to their agenda. Is this a loony theory?

Wendy McElroy: I don't know if your theory is sound because I haven't seen the evidence upon which it is based. My defense of Assange revolves entirely around his role in releasing documents and information that government elites – especially within the United States – wish to keep secret. The elites want to send young people with guns to foreign nations where they police and kill civilians but the same elites do not want them (or anyone) to know their true motives or what is really happening. If Assange puts a damper on this strategy of silence and misinformation, then I say, "Go Julian!"

Having said this, I am heartened by the fact that various WikiLeak clones or improved versions of WikiLeak are being developed by Assange critics. Let a thousand WikiLeaks bloom. Let no one individual be irreplaceable in the process of acquiring truth.

Daily Bell: We've written generally that the Internet has upset the elite agenda for closer world government. Is the Internet a strong force for freedom? Is it being taken over and coerced?

Wendy McElroy: It is a huge force for freedom in much the same way as the printing press. It delivers mass quantities of information into every corner of the world, enabling people to communicate ideas, connect emotionally, educate themselves and break down many of the age-old barriers that have segregated us as human beings. The Internet has made it more difficult for governments and other elite to keep secrets or tell lies. Science and technology contains the great hope for mankind.

Of course, the Internet is also a powerful tool in the hands of the elite who have used it to bad ends and who want control in order to use it to worse ones. For example, the Internet and technology make it possible to monitor the daily behavior of ordinary people and to store personal information on them indefinitely and interactively. My husband is particularly active in promoting electronic freedom and privacy, for which I applaud him.

Ultimately, however, I believe the Internet empowers the individual more than it can harm us. I know how deeply it has empowered my life and it gives me real pleasure to think how much more it enriches the lives of people who are otherwise cut off from information, entertainment and other forms of knowledge. The drive to know and to communicate is an integral part of what makes us human. The Internet allows our humanity to thrive.

Daily Bell: Where do you go from here? What's next on your professional and personal agenda?

Wendy McElroy: My personal agenda is simple because I have a very happy personal life and I want nothing more than to continue in the future as I have been living in the past, with my husband. On my farm. With family and friends. All the while writing, reading and cooking ethnic food, which is a hobby.

A professional agenda becomes more difficult to articulate because I never know what will capture my intellectual curiosity. I am at a point in life where I am lucky enough to write and to have published whatever interests me. I doubt I will do much more work in the area of feminism because I find it so limiting and because I have resolved almost all of the issues it embodies to my own satisfaction. In terms of other issues, I find myself turning to analysis of how and why the United States is descending into an outright police state. In general terms, however, I am increasingly drawn toward constructing theory – for example, in the area of intellectual property – and toward historical analysis – for example, of the Industrial Revolution. The latter may be something of an escape because I find the current state of the world to be politically discouraging.

Daily Bell: Where will the world be in ten years? Engulfed in war? Mired in Depression? Or are things gradually getting better as what we call the Internet Reformation is raising human consciousness about what's going on and the manipulations now taking place?

Wendy McElroy: It is the best of times. It is the worst of times.

We live in an amazing period during which science and technology are galloping into new territory at dazzling speed. It is exciting and empowering and the true bright light for human progress. My life is so much better than that of my parents for no other reason than advances such as the Internet, which allows me to make a living as a writer while living on a farm down a gravel road. It allows me to speak with and literally see family and friends as often as I wish to at the click of a keyboard. As my friend Jeff Tucker at Laissez Faire Books likes to say, "We live in a Jetson's world."

On the other hand, I believe we are in the beginning stages of a deep, deep economic downturn that will last most of the decade. The human suffering will be terrible. To a great extent, the depression – I will not call it a recession – is man-made. That is, it is largely the result of criminal negligence and manipulation on the part of corporate-states around the world, banks and insane monetary policies. Recovery will also be delayed because of those same players. And the generations coming up behind me will NOT have a better life than I do because they will be paying the highest price for the folly and greed of my generation.

As for war...I think it is likely. There are too many flash points around the globe, most notably Iran and Israel.

Daily Bell: Any websites or resources you want to point to?

Wendy McElroy: Of course, I recommend my own websites: my blog, www.wendymcelroy.com, and ifeminists. I thank you for publicizing them.

Daily Bell: Thanks for your time and good luck.

If one actually thinks about freedom issues, there is a lot to agree with in Ms. McElroy's interview, above. She is a most thoughtful person and none of the answers she gave us, in our view, were in any sense glib. They offer us a literate and libertarian frame of reference.

She is most famous for providing the Women's Lib movement with a different point of view. The nadir of the "movement" was reached when Catherine MacKinnon and Andrea Dworkin began to imply that sex itself, being an "act of violence," was inherently (though not always) chauvanistic. That is, unless men and women approached sex with the idea that it was empowering for both men and women, the act itself could often end up as an expression of sexism rather than of a loving equality.

This idea, that men need to "get their minds right" before having sex, was unfortunately enshrined into law by Ms. MacKinnon, who has worked energetically to update rape laws in the US and around the world. The result has been the kind of bizarre legislation that recently ensnared Julian Assange of WikiLeaks. 

In an era in which virtually anything and everything is on its way to being criminalized, rape laws in certain countries now stand out as glaring examples of how modern leftist thinkers have influenced the judiciary in the name of "equality." McElroy rightly points out that "talking someone into bed" is not the same as raping them.  

Needless to say, I disagree with the notion that falling for a "good line" or being gullible is the same thing as being raped. Indeed, as a woman who has been raped, I am deeply offended by the suggestion that the two scenarios are in any way equivalent. Sweden's law trivializes the brutal crime of rape and leaves nonviolent men open to unjust imprisonment.

We've commented on women's lib in the past, as we believe it has been used as a tool by the power elite to fracture the family and generate social pressure on women to enter the work force. Just do a 'Net search on "Daily Bell" and "feminism."

It would be our hope that as what we call the Internet Reformation continues to unfold the more radical voices encouraging divisiveness between the sexes, like MacKinnon's and Dworkin's, shall finally be diminished. We would rather hear from Ms. McElroy.




Anthony Wile:   View Bio  l  View Site Contributions
Wendy McElroy:   View Bio  l  View Site Contributions
Free-Market Thinking :   View Glossary Description  l  View Site Contributions
Latest Daily Bell Articles
SHARE YOUR THOUGHTS
You must be a site member to submit suggested edits or post feedback. In addition to submitting edit suggestions and posting feedback, your Free Membership to The Daily Bell gives you access to our Member Zone where you will discover a plethora of other member benefits.
Want to learn more? click here
 
NOT A MEMBER YET?
Join The Daily Bell and take full advantage of the benefits TODAY:
MEMBER LOGIN:
USERNAME:
PASSWORD:
REMEMBER ME
LOST YOUR PASSWORD / USERNAME?
Showing 21 - 40 of 44 - Newest on top - Reorder Feedback
  Posted by Danny B on 03/11/12 09:43 PM

"Often they compete with other "elites" who have different interests"

This is a theme that is becoming more apparent. The Bell has been very tolerant of my wanderings. Here is one more.

I've given a lot of thought lately to value. Value is so often an arbitrary assignment or designation. Why is the original Mona Lisa worth so much more than a good copy?
What makes one idea more valuable than another idea?

MUCH of the engineering of society is an attempt to assign value to a particular idea or object. Whether it's an I-pad or a new war. We are told that this [usually] new idea or object has great value. Sometimes there is an accompaniment of "good" symbolism to a new idea or object. Often, there is an accompaniment of "bad" symbolism if the proffered idea or object is not bought or espoused.

At this point in time, there seems to be competing offers in the area of currency. The IMF is pushing dollars and SDRs. The BIS is pushing bonds in local currencies.
Click to view link
China is selling Yuan bonds.
Click to view link
Everybody is pushing their paper.

If you watch John Perkins in "Confessions of an Economic Hitman", he relates that most crashes are made worse because various banking families refuse to step aside when there is not enough foreign reserves for all the banks to survive.
Click to view link

If you read the writings of "Another" on FOFOA's site, he very clearly states that this situation is a battle between the BIS and the IMF. The IMF represents the "made from thin air money" people and the BIS represents the people who want some stability.

The West managed to assign value to the dollar after WW II by backing it with gold. When this reality slipped away, America said that the dollar was backed by our manufacturing base. That is slipping away. The U.S. managed to finagle the "petro dollar". This insured that dollar surpluses got recycled into treasury bonds. That is slipping away.

The Eurozone jumped into the fray with their currency that they hoped would compete with the dollar to be used a as store of value. This put the Euro on a collision course with the dollar. The dollar crowd did their best to destroy the Euro. Greece and derivatives was the tool. Goldman Sachs was the "mechanic".

At the same time, the dollar attacked gold. Greenspan made it very clear that the "money from thin air" people hated gold. Various states leased out their [our] gold in an effort to flood the market and drive gold away. The East didn't join in.
March 7, 44 tons of physical gold was delivered. Just ONE day.
Click to view link

America is fighting to have value assigned to the dollar as a store of wealth.
The Eurozone is fighting to have the Euro valued as a store of wealth. Same with China, Brazil and Russia. India is somewhat different because the Indians hold over 18,000 tons of gold in private hands. They already know what a store of wealth is.

So, there are several groups competing to have their "paper" held as value,,, a store of wealth. Since the West did an about-face and stopped selling gold to, rebuy what they had lost, this is an admission that paper isn't looking too well. This is an admission that they don't actually trust paper. FOFOA said that ALL paper would burn. Gold is important because it isn't important for the economy. Should some other commodity shoot to the moon, it would undoubtedly ruin some sector of the economy.

So, we see all these groups competing to have value assigned to their paper. Then, we see gold attracting investors and savers who have no faith in paper. Who could have faith in something that is infinitely reproducible?

For a while, carbon was pushed to be the universal currency. That didn't take hold very well.
Farmland is appreciating at the same rate as gold.

We also have the petro people who want oil to be considered as a store of value. Lindsay Williams said 35 years ago that there was unlimited oil in the arctic. He said that just one area [Gull Island] had enough for many decades. Here is a link to a vid where he lays out ALL of his predictions and the eventual results. He can claim excellent accuracy. It's a long vid.
Click to view link

In the vid, he claims that the Middle-East is being destabilized and turned over to the Muslim Brotherhood so that their oil production is severely diminished. "They" expect oil to go to $ 150 a barrel. He also shows that ARCO sold the enormous reserves at Gull Island to BP. Gull Island is now being drilled and pumped. Once oil hits $ 150 a barrel, it will start flowing from the north. Pastor Williams backs up EVERYTHING that he claimed starting 35 years ago.

He also says that the Euro will be destroyed first. Then, the dollar will be destroyed. He is also very clear saying that the U.S. will default this year. Considering his track record, there can't be too much doubt.
Adrian Salbuchi said that America would eventually have 2 currencies. The dollar would be the transactional currency and something else [fiat] would be used as a store of value.
When the U.S. defaults, bonds will be worth much less. It's hard to imagine what fiat instrument would replace them.
When Russia crashed, they pumped oil as fast as they could to pull themselves out of the hole. It's possible that America could do the same thing with arctic oil.
They would have to first minimize the availability of MENA oil.

So we have competing groups that want to have their paper "valued". Gold bugs want gold to be considered a store of value. Oil bugs want oil to be highly valued.
There is only a very small quantity of Gold . It would have to be valued EXTREMELY high to be used to fully back currency. FOFOA claims that it would "level out" at
$ 54,000 an ounce.

All the experiments with "cold fusion" have produced transmutation from one metal to another. John Bedini states in his video "Petrovoltaics" that both Russia and America are producing large quantities of elemental gold from transmutation.
That may raise a question about the value of gold.

Then, there is the question of oil. There have been over 100 patents in the last 5 years for cold-fusion processes.
Click to view link
Several companies are jumping into production.

We have banks and states trying to have "value" assigned to their paper. We have gold which may be in a precarious position. We have oil which may have an uncertain future.
All of these elements are fighting to be assigned VALUE.
There is an old Indian saying, "when the elephants fight, it is the grass that suffers".

This competition leads me to believe that the battle will be fierce. The time-frame won't likely be short.

  Posted by dave jr on 03/11/12 07:14 PM

Is that the crazy aunt in the attic? Why doesn't she just come down and show her face? Why all the institutions?

  Posted by NAPpy on 03/11/12 06:46 PM

Great interview DB,

"If my neighbors wish to set up a voluntary commune that operates along communist economic principles, it is their right and I do not intend to become an Austrian version of a Jehovah's Witness who knocks on their door to ask, "Have you let Mises into your heart?""

Quote of the day.

  Posted by rossbcan on 03/11/12 05:48 PM

"Who is the inventor of society? "

I believe it was auntie social, sister of ug's mother who decided that things would be much "better" if people were forced to do the "right thing".

  Posted by dave jr on 03/11/12 05:31 PM

I would argue that all economy exists due to anarchy, that the allowance of the expression of individual effort naturally spreads when individuals are free to trade ideas, services and wares, which constitutes economy. And in spite of public application of regulation, individuals still persist in improving life up to a point of zero in an atmosphere of diminishing return. Those who advocate limiting the natural leadership in innovation, harm the neediest among us by playing into the hands of those whose only talent is lordship, preaching fairness and equality for all as they consume the lion share of goodness and pretending to care more than you, of our fellow men.

  Posted by dave jr on 03/11/12 04:50 PM

"... however it is still a very young movement making very slow progress in my opinion."

Maybe it is the first and oldest condition, and all "movements" need "progress" away from what is natural. Who is the inventor of society?

  Posted by Joe on 03/11/12 04:36 PM

Anyone here read the essay The Abolition of Work, by Bob Black:

Click to view link

Though an 'anarchist' Bob Black does not spare anarchists from critique, he thinks most of them intellectually occupy themselves in untennable positions where anarchism will never become a reality and instead the 'anarchist' can stylistically give criticisms while allowing the status quo to continue. Behaviourally also very little room for creating the alternative anarchist eceonomy exists. Kevin Carsons the left libertarian of course argues that creating this within the shell of the dominant society is possible and has provided some good examples, however it is still a very young movement making very slow progress in my opinion. Only a catostrophic 'black swan' event it seems will replace the current dominant system.

  Posted by SoCal fellow on 03/11/12 04:01 PM

Fine interview by you, and perfectly reasonable and defensible views by Ms. McElroy.

Thanks!

  Posted by dave jr on 03/11/12 03:42 PM

Engineering does not benefit by "faking" it. Mother Nature is always the judge. Either it works (truth discovered) or it fails. As always, a can of shinola (aka politics) can be bought to aid marketing of marginal engineering ideas. Truth sells itself. Real engineers look for truth as taught by nature, then no promises, testimonials or gaurantees are needed. Discover what is real, and become the master of your destiny.

  Posted by speedygonzales on 03/11/12 01:54 PM

Elites operate on dualism. Third factor would be too complicated for them. So now they act like dog which is protecting her bone. The Mondragón Cooperative Corporation (MCC), the largest consortium of worker-owned companies, has developed a different way of doing business-a way that puts workers, not shareholders, first. A Mondragón firm manufactured Spain's first computer chips, for example. Others are producing wind, solar, and hydrogen power. New business opportunities in health and food, communications, and alternative energy are now being researched, as well as shared housing for elders and furniture convenient for older people. The company estimates that fully a quarter of the products its cooperatives will make in 2012 are not yet in production.

To see that there are other options, you have to travel to the richest city in Italy: Bologna -- Communist Bologna (years ago the Italian Communist Party renamed itself the Democratic Party of the Left, or P.D.S.). Local cooperation and the ability to produce for highly competitive international markets needn't be mutually exclusive -- the two can blend like oil and vinegar. There are more than 60,000 workers employed in some 1,800 "red" Emilian co-ops.

  Posted by speedygonzales on 03/11/12 01:38 PM

Ave feminism! I wish women take controlin' role in society producin' bread so men can takin care about games. Classic feminism has old fashioned dualistic black and white look, while modern society switched hardware to full color/wide/ 3D screen. Under dualistic regime I ain't no see progress. Majority of subjects at Dr Phil show or 20/20 are those desoriented individuals. As I watched yesterday 20/20: Nasty apartments with bunch of cats belongs to this individuals. I do personaly believe that scenario for Equilibrium movie is about feminism. As soon as women take over they act like dictator. There are plenty of women at mainstream masmedia. But absolutely monority at alternative and they have almost zero influence in interent refomation era. At least they are not involved by their population share in society.
Woman at island Lesbos in Greece created cooperatives. They produce gods, includin' liquors. Good bless 'em all. That's diferent platform from US style dictatorial feminism.
Woman at Lesbos are producin' goods so they move forward toward full color wide 3D screen, instead american fems who operate on black and white platform when one bad platform- patriarchism is exchanged for another- men just in dress.

Xexexexeeeee
Click to view link

  Posted by Hognutz on 03/11/12 01:02 PM

I have been having a lot of problems with the "Bells" site myself.

  Posted by rossbcan on 03/11/12 12:38 PM

@DB did my last post get eaten, or am I rudely "hogging the thread"?

  Posted by rossbcan on 03/11/12 12:33 PM

The dicipline is immune to subversion is TRUE.

Unfortunately, there are, in all professions, whore's who earned their degree, became "blessed" by intellectual "authority", but use it as false credibility to flog lies, especially at the political / financial / industry interface.

Here is the oath that all engineers swear to, a promise of ethics to live by, at least in Canada and, perhaps, profession wide. I meant it then and, I MEAN it now:

Click to view link

"cold iron" refers to our rings, a reminder of the costs of engineering incompetence, made from the remnents of the Tacoma Narrows Bridge, a stunning example of engineering incompetence:

Click to view link... &sigr=12jb7mc2v&newfp=1

If link NFG, search "Tacoma Narrows Bridge" for the video.

Yea, the ISO process had the effect of reducing "ability to innovate" and ballooned engineering "process" costs. Only the market (success: true / false, reward / smite), not "process" is capable of achieving REAL results.

Don't believe me? Ask virtually anyone whom has endured "due process" of law.

Just to be clear: God, for me is proven "natural law" and, I consider it irrelevant whether anyone or anything is pulling the levers, behind the curtain.

  Posted by Nanoo Visitor on 03/11/12 12:07 PM

@ rossbcan: " ... engineering degree, an intellectual discipline which is immune to political subversion ... ".

If only that were true. "Initiatives" to improve productivity are trotted out from time to time, but too often succeed in the opposite. For example, one software "guru" touted collecting error data while one is in the process of developing software. What it mostly succeeded in doing (other than certification credit) was to make the already difficult even more so.

That seems to be a very common tactic of the modern (post-reality ?) era. If there seems to be a "danger" that truly useful progress will be mead, tangential roadblocks are thrown up.

  Posted by rossbcan on 03/11/12 11:40 AM

clarfiication:

"somebody oughta do something"

should have been:

"somebody ELSE oughta do something"

which is the thin wedge that arbitrary power has rationalized and leveraged to become:

"WE are master, YOU are property, serfs, to be disposed of as WE see fit"

  Posted by rossbcan on 03/11/12 11:28 AM

"female equality"

rabid feminists opine that males are guilty of the original sin of patriachy. This is the basic and false (emotionally laden) premise that they have rationalized to mean: compensation due, reverse discrimination in order.

Elites just love to swing the pendulum between extremes of advantages for some, disadvatages for others (a generalization of what they learned from the Nazis) while they profit by the inequality conflict in their Potemptkin courts. For rabid feminists, the pendulum has swung too far in their favor and, males are successfully blowbacking. It is intended to swing the pendulum back, with males on top and, females marginalized.

Elites will never (willingly) allow the rule of law to be restored such that males, females and EVERYONE are "treated equally, in terms of MEASURABLE rights and responsibilities", by law.

And, the majority are still stuck in the blameshifting "its not fair" (somebody oughta do something) delusion.

For the "scales of justice" to balance ANYTHING, it must be real and measurable.

  Posted by rossbcan on 03/11/12 10:58 AM

"never requires this "proof" condition?"

huh? They don't "require" proof. They DECREE "reality". They use the "sticks" of "their" law on an escalating path of destruction for all who question, or worse, attempt to "prove". Worse yet, actually prove.

... and, if, despite all odds, truth manages to gain traction in the body politic, the "lone deranged gunperson" and laws of physics defying "magic bullets" awaits. Then, they glorify the person and, marginalize the ideas that earned glory, all in support of the false "great person of history", we need a messiah to "save us" meme.

Is "change you can believe in", hopey-changy still turning anyone's crank?

  Posted by kenn on 03/11/12 10:46 AM

[The problem with conspiracy theories is the extreme difficulty one has in proving them. I am fond of proof, of evidence.]

Why is it that government, the largest purveyor of conspiracies, never requires this "proof" condition?

PC has restricted my equality of free speech concerning female equality.

  Posted by rossbcan on 03/11/12 08:22 AM

DB: "began to imply that sex itself, being an "act of violence," was inherently (though not always) chauvanistic."

Whatever "they" want, in this case, population control, family destruction and male / female conflict to profit from, they create tailored "philosophies", which, if you accept their false premises imply: what "they want".

Just don't conceptualize on "their" terms and, "the truth will set you free".

Similarly, the hippie, free love movement in the 1960's was an assuult on personal responsibility, a truly neccessary pre-requisite to freedom.

Justice Defined: We are all free to profit or suffer and learn (adapt to excellence) by facing the consequences of our OWN choices. Injustice is to be forced to suffer the consequences of choices of unaccountable (irresponsible) others.

"The danger is not that a particular class is unfit to govern. Every class is unfit to govern. The law of liberty tends to abolish the reign of race over race, of faith over faith, of class over class." ~ Lord Acton

Back 1 2 3 Next


ABOUT US ARCHIVE THINKTANK   MEMBER ZONE
Editor's Message
Terms of Use
Privacy Policy
Contact
News & Analysis
Editorials
Exclusive Interviews
Videos
Special Reports
Polls
Biographies
Glossary
Links
Books
MEMBER LOGIN
© Copyright 2008 - 2013 All Rights Reserved.
The Daily Bell is published by High Alert Capital Partners Inc.