Ron Paul: Obama's 'goal' is economic collapse

Yes..dont tread on me...indeed.

I will post something for some of the readers to consider rather than movie and television drivel of today..


From John Maynard Keynes's book "Economic Consequences of the Peace"

It begins: "Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some. – As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.

"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."

Debauch the currency...ie...over issue...inflation...the depreciation of the currency ..its loss of value..loss of purchasing power.
This is done by deficit spending on the part of government to where the government soon becomes the biggest purchaser in an economy and almost the only customer... but they do this at the expense of the public. Governments never limit their own spending and appetite for goods and services but must needs put restrictions on the public ..never themselves.

Here from this article...a worthy read for those capable of understanding what is written here..


www.lewrockwell.com...

While I am not a fan or Keynes or Keynesian economics...What Keynes quotes about destroying the capitalist structure is correct.

My view of what is happening in the economy today is that you have to go to public school to become so ignorant and stupid as to make the kinds of decisions as are being done by this administration.

However...this is a trend which has been carried out over the years by both Republican and Democratic administrations....not just the Democrats. I believe they are both in on the deception. Both political parties will raise the deficit as needed.

What Ron Paul knows and has known for years now ...is that we need another money system which will naturally keep government fiscally responsible and accountable..unlike the one we currently have.

There have been others through out the years who also know this but were considered kooks and radicals back when they were teaching and preaching fiscal responsibility. More and more peoples today are coming around to the understanding that they are not kooks and radicals.

These kooks and radicals were teaching and preaching some 30 plus years ago that this day of economic insolvency was coming along with economic breakdown. They have read the history of many nations and can see it coming and happening for the same reasons.

The finest form of government that educated, intelligent , reasonable men can devise on their own merits and demerits..is "Tyranny."

Always ..and without exception ..and the economics will follow this Tyrannical path.

When left unchecked ..or unlimited..historically ..you eventually wind up with what happened in the French Revolution or in Communist China...in Cambodia...by logic..by reason...by intellectuals.

Remember..Pol Pot was a teacher. Was not also...our sitting President???

Thanks,
Orangetom

edit on 27-8-2011 by orangetom1999 because: (no reason given)