30 November, 2006

Important Thoughts, Financial and Economic Advice

Posted by alex in Financial Column, George Lenz at 6:22 pm | Permanent Link

By George Lenz

The value of integrity is often instinctively understood but seldom fully appreciated in a White Nationalist organization. This quality is not always easy to define, yet its presence or absence can make or break the organization.

The ideology of the White Nationalists differentiates them from the democrats and communists, but prospective members will also use our own integrity or absence of it as a proxy to the value of Our Message, since the others routinely heap scorn on our position.

It’s easy to make a mistake here that a large number of “respectable” WN organizations do, by accepting as the benchmark the jewish definition of “responsibility,” which of course always excludes the preservation of the white race as a legitimate political aim. Since we can never be “respectable” according to the people who run the press, we must take double care for our personal integrity, since “investigators” will usually be prejudiced against us, thanks to the jew-poisoned wells they’ve been served from.

A WN organization is not a mechanical-democratic one but an authoritarian-organic one, and thus functions not through various legalistic means, which eventually destroy or deform the concept of Aryan integrity, but through the selection and promotion of men of strong character and morals to the positions of authority, where they are entrustd with sufficient powers to carry their mission to the benefit of the community, volk and race.

Thus, the leader of a WN organization has far greater powers than the leader of a democratic organization. In particular, he can remove anyone from the organization without giving a reason.

Yet, this does not mean that he is expected to use this authority often; actually this authority can be expected to be used only in one case – treason to Movement or the particular WN organization in question.

The deal that is offered to a member of a WN organization is simple: he must adhere to and actively promote the mission of the organization and regularly pay membership dues in return for staying with an organization as long as it pleases him. The WN organization is neither interested in character deficiencies of a particular member, insofar they do not run counter to membership requirements, nor does it prefer to recruit more able and successful members over less able and successful ones – everyone willing to join a WN organization should have work to do.

While the level of a member’s contribution and performance could and should determine his promotion, the fact that he is limited in what he can contribute should not be grounds for dismissal from a WN organization.

Breaking a membership deal is a wrong thing to do for a WN leader, and generally results in the extinction of the organization in question, since loss of integrity it entails is deadly, especially in the modern environment. Integrity is the bedrock of a successful WN organization.

* * *

American manufacturing is disappearing, and what is left is more like small factories with 19th-century technology and low pay than 20th-century huge industrial enterprises with decent pay: the recent academic research tend to support this view. While foreign competition is a well-researched factor, another factor is much less researched, let alonge accounted for: healthcare costs rising through the roof, making manufacturing companies unprofitable and eventually bankrupt in all industrialized countries. Financing requires an increasing part of company profits and government budgets; and healthcare costs can become unbearable. So what should be done? The main effective solutions are painful, yet essential: the sooner they are implemented, the better:

1) All government medical assistance programs, like Medicare and Medicaid, should be terminated, and private medical insurance limited to instances where it actually works: for injuries and other routine surgical operations, not chronic diseases. Benefits should also be lowered. Healthcare is a privilege, not a right, and each citizen’s own responsibility; and insurance can work only with rare statistically predictable events, which is not the case with chronic diseases. What local government can do is to encourage opening of charitable hospitals for the poor, staffed by volunteers.

2) The medical profession should be deregulated: membership and certification issued by AMA should be voluntary, not obligatory, and the completion of MD degree or equivalent shall be the only pass required to enter a medical profession. Also any control over drugs by FDA should be terminated.

3) The concept of healthcare for the elderly shall be completely changed: the goal of such healthcare should be to provide for natural and honorable death, not to artificially prolong life at skyrocketing costs. Doctors shall be encouraged to limit healthcare to persons aged 65 and more to palliative medicine and routine medical procedures, and undertake operations only if paid in full by patients. Also voluntary suicide (euthanasia) laws should be adopted to shield from zealous democratic persecution those far-sighted and honourable MDs, who help their patients to end their lives in a dignified way. Natural death associations shall be formed at local level, to explain to the elderly the benefits of the natural and honourable death over painful and sorrowful existence through expensive artificial means, often at the expense of their relatives, and to help them undertake this important mission.

A good place to start is each WN’s own life. For those of us who are younger, this means replacing health insurance with life insurance with returned premiums, exploring natural childbirth options at home, and finding a private practice where it is possible to get medical care at a reasonable cost. For those of us who are longer, this means consciously refusing various invasive and expensive medical procedures, opting for a natural death in a family circle instead.

* * *

Euro has finally reached the rate of USD/EUR 1.294 – the ceiling of a corridor of 1.20-1.30USD where it’s artificially kept by informal agreement of the central banks. The dollar is significantly overvalued: fundamentals price it at between 1.40 and 1.45 USD per euro, yet the agreement has kept it within the corridor so far. Having opened a long euro position at 1.19 a year and a half ago, expecting euro appreciation to the level justified by fundamentals, and I kept it though these 18 month, and intend to increase it further. Even if this time the agreement would keep the USD/EUR rate within the corridor, economic fundamentals would eventually force it to adjust, delivering reasonable profit. Yet I would give 70% probability that it would happen within the next six month, and 60% probability that it would happen in the next 6-8 weeks. Thus my recommendation for the EUR is strong buy.

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  7. 58 Responses to “Important Thoughts, Financial and Economic Advice”

    1. fdtwainth Says:

      2 Brutus

      Thank you for your kind words, comrade, I will try to further improve this column.

    2. Olde Dutch Says:

      The “unbeirrbar” is an authentic German political voice:

      “The capitalists turn “shit into a blessing” so to speak and use the following argumentation: “Well if it werent for the high health costs than German wages could compete with Chinese wages and we wouldnt be forced to produce overseas”.

      Unebeirrbar is a voice we hear so seldom, without the jew’s filter, we here in Amerikwa cannot recognize for what it is. The voice of Wilhelm, Bismarck and yes, even the megalomaniac Hitler.

    3. unbeirrbar Says:

      Dear Herr Lenz,

      i have to again clarify a few things concerning the three reasons you gave to explain the rising of taxes on the health care system.

      1) Overusage. The fact that the costs of the health care system have remained more or less stable throughout the last 20 years indicates that there is no dramatic increase in the overusage of the system. Nevertheless i agree with you that it will become one in the future. One has only to look to the ever fatter getting boys and girls in our country and the future on this issue becomes very clear. Such could be prevented by the usage of the preventive measures of the system.

      Even though overusage of the system will definately become an issue in the future (due to bad nutrition mainly) it is no issue today.

      2) Low German birthrates. I was born in the early 80’s and belong probably to the last generetion of Germans that still had at least 2 children per family. And its my generation which today either enters the job market or is still at the college and will enter it in the next few years. The particulary low birth genreations are still school students. Also dont forget the only positive aspect of low-birth: Fewer people taking advantage of health care.

      Anyway here too i agree with you that this could become a problem to the health care system, but in the future. Today it still doesnt have any impact.

      If those other two problems have had no impact whatsoever on the health care system then what is the reason for the higher getting taxes on it?

      The answer to it is the reason you only posted as 3rd even though its the single one most important reason explaining the situation:

      3) Unemployment / the rise of part-time jobs. Due to global capitalism unemployement in Germany has soared in the last years. As i explained before ,even though the costs of the system have remained stable, the amount of people having a decent pay wage job is on the decline. Fewer “tax payers” (namely people actually having a job with decent pay) have to share the otherwise same stable costs of the system.

      In effect , its not the problems of the health care system that are responsible for the economic problems in our capitalist countries (as capitalists would have us beleive) ,but its the decline of capitalism which is responsible for the problems in our health care system.

      Your ideas of “privatizing and deregulating,decentralizing” the health care system are nothing “radical” in that sense. All political parties of the establishment from the SPD to the CDU,FDP and even the Greens propose ideas that eventually even a bit more moderate take the same path as yours. All in the same direction of “privatizing and decentralizing”.

      If ever these free-market-fanatic ideas become reality ,long forgotten German sayings of the pre-Bismark era will return like the following: “Show me your smile and i will tell you to which class you belong”. (By smiling you reveal your teeth and while rich Germans had the money for proper medication ,poor Germans had their teeth rotten away.)

      Also i find it rather unfair to call me the “reformer”. I’m not the one who wishes to change the health care system. You want to reform it by privatizing and decentralizing it.

      Do i beleive that our “socialized” health care system has any chance to survive our global capitalist age? No.

      The “socialized” health care system worked fine in te past as long as capital was bound and forced to produce and invest in the home countries. Today in the age of the globalized production and the increasing technological progress capital can produce overseas and indeed increasingly does so.

      But while you try to cure the patient taking care of the side-effects of the disease like the ever more expensive health care ,i aim for the disease itself : namely global capitalism.

      By reforming the health care system you are only able to prolong the life expectancy of the dying monster named capitalism ,but in the end it will go under anyway.

    4. fdtwainth Says:

      Dear Herr Unbeirrbar,

      Thank you for your interesting comments. However, I cannot agree with you for the following reasons:

      1) Overuse of the health care system. The last two decades witnessed a temendous amount of medical innovations, that in theory, should have reduced the medical costs per patient, and therefore share of medical spending in GDP, in the same degree, that the invention and development of microchips have reduced the costs of computers. Yet, this just did not happen. The main reasons for that are 1) rising overhead and administration costs 2) the overuse of the system, that is that patients are coming to ther doctors and taking operations in many instances, where health improvement are negligeable or in some cases unexistent: some even taking cosmetic operations at taxpayer’s expence. This is waste, and this waste is one of the main reason the healthcare costs did not get down and thus are less and less sustainable in the long run.

      2) Low German birthrates. Here the problem is twofold: first more and more seniors with ailing health and excessive healthcare demands are entering the system, while the flow of new workers, paying into the system is dwindling because of the consumerism and egoism of the previous generation: thus the taxes are rising, driving the productive German workers and factories out of the Fatherland. I don’t think the problem is primarily unemployment, as you do, as the large part of this unemployment is comprised of colored migrants who are not productive and should not be in Germany in the first place, though recently a worrisome trend is also starting to affect German workers.

      As for capitalism I think we would have to disagree. I am a true believer in free enterprise as the Aryan way of solving economic problems: for all its shortcoming its results are amazing. By transforming the current globalistic capitalism into national-social free enterprise, thus making sure that the businessmen are working in German’s national interest and respect reasonable workers rights, we can once again light the sun of prosperity for every German in the coming century. This however, requires changing the treasonerous regime in Bonn, a task we all need to focus on for now.

    5. Shabbos Shabazz Says:

      There is no capitalism today. That is an absurd (also Marxist) position. There are a bunch of GD mixed economies. There are no central banks under capitalism, there is no income tax. There are no government schools in a free society.

      Every Western economy is a form of corporatism- and, as Mussolini pointed out, corporatism is FASCISM.

    6. Geoff Beck Says:

      The comments, as related to this economic question, are quite interesting.

      I’ve set up a poll, and would like to see how VNN readership feel about this issue of socialism and libertariasm within a White Nationalist framework.


      Please vote.

    7. unbeirrbar Says:

      Dear Herr Lenz,

      i read your arguments but did discover nothing new. So i’m forced to repeat the counter-arguments again, hoping to convince you this time.

      1) Overuse of the system. You make the correct statement that within 20 years all sorts of medical,electronical and electrical technologies have developed which should have released huge resources ,replacing human work with machines, and thereby the costs of the system should have fallen instead of remaining stable.

      What you forgot is that these new freed resources were reinvested into the system. Not in bureaucracy but in the employment of more medical staff (doctors,caretakers, etc) which eventually benefited the overall quality of the system and of course in the rise of the wages of the abovementioned personal.

      “Bureaucracy and face lifting” are not more than capitalist propaganda.

      2) Low birthrates. To explain the “socialized” German health system an easy formula is given: “The children pay for the health care of the parents”. This of course functions only as long as German families have at least 2 children per family. But today this still is the case. The generation of “low bithers” is still in school and has no impact on the system yet.

      The “low birthrate” time bomb has not set in yet but will in the future.

      Neither “overuse” nor the “birth-time bomb” have yet had any impact whatsoever on the system. The single most important is the grown unemployement as well as the rise of part-time jobs and the overall low-wage sector. I’m not going to repeat the “why” again i’ve already explained that in the posts above.

      Btw the majority of unemployed people in Germany are Germans, not foreigners. Just letting you know.

      I will not go into a discussion into the pro’s and contra’s of capitalism here since its a lapse from the original topic which is health care. But let me say this: If nations by one way or another manged to control the capital again then there would be no need of reforming the health care system anyway.

      In the “national-social free enterprise” which existed from the times of Bismarck till very recently (before globalization set in full scale) the “socialized” health care system worked perfectly here in Germany.

    8. sgruber Says:

      Worked at a hospital where a jew internal burrocrat sweated profusely, for months, striving insistently to get more Philipina nurses imported (literally imported: his program brought them over, set them up in local cheap hotels, and trumpeted “diversity” in the internal newsletter, along with food drives for them – let’s bring our cans of peaches and green beans for our new neighbors!).

      Totally unnecessary. You might say cost-control; but consider this. He also pushed for the hospital to sign a contract with Sodexho, much to the opposition of the hospital administrator. Sodexho is a food-service provider to hospitals. Sodexho is also a jew-run loud “diversity” promoter, #18 on “most committed to diversity” (drill down into site if interested):

      What this means is he wanted to bust up the largely White staff. Too “whitebread.” Let’s bring in the muds. The attitude of this guy was he kept to himself and seemed quietly scared and indignant to be surrounded by Whites. I know someone who was seriously ill and in intensive care, given bad treatment by idiot nigger nurse with an attitude. I’ll never forget that kike bastard who wanted the overall nice hospital to go brown.