We are ruled by a political class that lacks ethics, integrity, and ability. We are lied to daily. We are not in an economic recovery. The financial crisis is not over. The reality is that the economy and financial system are in worse trouble today than they were two years ago.
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When things erupt, the government will not care for your family. You will be "collateral damage," just as you were in the original bailouts. Main Street got job losses and massive debt; the power elite bailed themselves out with your money.
The current situation is especially dangerous because the ruling class is cornered. The economy has been pushed into a grave as a result of elitists spending money they didn't have, making promises they couldn't keep, and expanding government into areas where it does not belong. After fifty-plus years of abuse, the golden goose is on its deathbed. It is so laced with toxic debt, regulations, and cynicism that a normal cure is impossible.
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History written a century from now will likely label the twentieth century as "The Myth of Government." Historians are unlikely to understand how and why citizens allowed themselves to be preyed upon by a ruling class.
Thursday, July 29, 2010
Economic Dark Age About to Descend
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"To be governed is to be watched, inspected, spied upon, directed, law-ridden, regulated, penned up, indoctrinated, preached at, checked, appraised, seized, censured, commanded, by beings who have neither title, nor knowledge, nor virtue. To be governed is to have every operation, every transaction, every movement noted, registered, counted, rated, stamped, measured, numbered, assessed, licensed, refused, authorized, endorsed, admonished, prevented, reformed, redressed, corrected.
ReplyDeleteTo be governed is, under pretext of public utility and in the name of the general interest, to be laid under contribution, drilled, fleeced, exploited, monopolized, extorted from, exhausted, hoaxed and robbed; then, upon the slightest resistance, at the first word of complaint, to be repressed, fined, vilified, annoyed, hunted down, pulled about, beaten, disarmed, bound, imprisoned, shot, judged, condemned, banished, sacrificed, sold, betrayed, and, to crown all, ridiculed, derided, outraged, dishonored."
- Pierre-Joseph Proudhon