Sunday, September 21, 2008
Freddie And Fanny Were Lovers.....
Now that the largest, most complex house of cards has collapsed, all of Washington, as well as the mainstream news media, is a) pointing fingers into space trying to avoid blaming those who caused the mess and b) proclaiming that the solution is MS, PhD (more of the same, piled higher and deeper). To protect the guilty, and to avoid having to deal with the real cause of the fiasco, the only proposal all seem to agree 'pon is to force productive Americans to foot the bill.
Thus continues the War on Productivity on the national level.
Nobody is suggesting making a list of all the Congressthieves, politically connected appointees and idle heirs, and, yes, especially the Presidents and Vice Presidents who have been in office and otherwise involved with the creation and corruption of these organizations (and I use the term very loosely), and emptying their bank accounts, pension funds, stock portfolios and selling their homes and other real estate holdings to pay for this mess.
They should be. That's much more nearly just than sticking it to innocent working individuals.
Much of the money in the accounts of the Washington thieving class are the ill-gotten gains from this very scam. Not to mention that the entire con scheme was financed by the taxes of the productive class.
I'm no economist, but I've read a little on the subject. A real economist (not one of the obfuscation economists of Washington DC, Sacramento and other outlaw hideouts), but someone who understands von Mises, Hazlitt, and their contemporaries and heirs can give far better answers than I.
I think, though, that most of them will agree with the following: We need the Federal Reserve abolished. The dollar must be attached with full convertibility to gold, silver, or some other suitable commodity. Senseless regulations must be lifted and individuals must take responsibility for their actions. There must be no involvement of government in banking, entrepreneurship and commerce.
Government must be barred (no pun) from entering areas in which it has no knowledge or expertise, and in which dishonest and unearned money can be skimmed. Government's only proper job is to protect the rights of all individuals and, by insinuating itself into areas in which it can do only harm, it's actually working to damage those rights and indeed, to destroy them.
If Americans don't act to rein the government in very soon, America will soon be over. In the 1930's, America had reserves to help pay for the economic problems government created. Today, we have none. We're borrowing our way out of problems, and the debt is huge. The paper is held by unfriendly governments, and it's just a matter of time before they call in the debt.
Remember: VOTE FOR NO INCUMBENTS!