truthingold.blogspot.com / By Dave in Denver / Friday, November 30, 2012
Governments will spend as much as the tax system will raise, plus as much more as they can get away with - Milton Friedman
Politics is nothing but the insidious term applied to those voted into office who spend their time conspiring to find ways to annex economic wealth and redistribute it for their own gain. Fiat currency is the mechanism used to accomplish this act of legal theft.
What is going on in this country – and has been for the better part of 99 years since establishment of the Federal Reserve – is the slow disintegration of our system. Just like the accelerating increase in the money supply since 1971 resulting from the final decapitation of the gold standard, the rate of corruption and legal theft from the middle class has started to rise at a parabolic rate. This, my friends, is the final stage of the collapse of our country and system. There is no other explanation for what is happening. Anyone who refuses to acknowledge that this is happening or admit that what I just described is factual is either hopelessly naive and in denial or tragically ignorant.
I bring this up because here we go again with another wash, rinse, repeat cycle of the debt ceiling circus of a little over a year ago. That political abortion did nothing more than delay facing the real problem of too much Government spending relative to the amount of revenues annexed by the Government. The so called “Fiscal Cliff” (FC) is this mythical event that will supposedly automatically slash Government spending and raise tax rates across the board. Does anyone really think that the politicians will let their ability to spend be reduced like this? Really?
Recent Comments