Ruin is the Result of Regulatory Democracy

Ruin is the Result of Regulatory Democracy

Monday, November 07, 2011 – by Staff Report

Extreme Poverty Is Now At Record Levels … According to the U.S. Census Bureau, a higher percentage of Americans is living in extreme poverty than they have ever measured before. In 2010, we were told that the economy was recovering, but the truth is that the number of the “very poor” soared to heights never seen previously. Back in 1993 and back in 2009, the rate of extreme poverty was just over 6 percent, and that represented the worst numbers on record. But in 2010, the rate of extreme poverty hit a whopping 6.7 percent. That means that one out of every 15 Americans is now considered to be “very poor.” – The Economic Collapse Blog

Dominant Social Theme: How did it get so bad? We have to elect better politicians and make businesses more socially responsible

Free-Market Analysis: This is a good article from Economic Collapse and is getting a lot of play. We ordinarily don’t comment on articles that are widely disseminated in the alternative ‘Net press, but we want to provide some commentary on this article because it helps illustrate the wrong direction in which both America and the Western world are headed.

The meme here is one of “regulatory democracy.” One would think after a century of the most vicious kind of regulatory democracy that things would generally be better. But are they? No, of course not.

They are much, much worse. The reason for this is that the concept has root that people need “leaders” and that only government – the bigger the better – can provide prosperity and create the conditions necessary for civil society. Nothing could be further from the truth.

As we are seeing now, governments do not create wealth; they drain it. Governments do not provide peace; they ruin it. Governments do not guarantee the perpetuation of civil society; they abrogate it. These are the unfortunate facts.

Government cannot be fixed by better government. Government cannot be fixed by the right leadership. The only way to make government better is to make it smaller. The best government in our view governs the least.

Every law and regulation is a price fix. It is incredible that generations of smart people throughout the West can gaily endorse market functionality, the Invisible Hand and markets generally while going on about the need for this law or that regulation.

Every law and regulation is a price fix. Each one moves wealth from people who create it to people who didn’t and don’t have any idea about how to direct the wealth they’ve received toward productive endeavors. This is why so many lottery winners eventually go broke. They have no idea how to handle the money they get because they have not earned it to begin with. A little like governments.

One thing, however, that laws and regulations do effectively is to “level” society. The idea of an egalitarian society is the Holy Grail of progressives, politicians and the law enforcement officials who ensure that the leveling takes place.

What these people and many other people fail to understand is that the leveling is always leveled DOWN. You can, in fact, build a fairly level society in which only a tiny handful of fabulously wealthy people have approximately the same income, the same possibilities, the same outcomes.

It will be a “fair” society, to be sure, but it will also be a ruined one. We’re on that track now. Here are facts that the Economic Collapse blog cites in the article excerpted above: “19 Statistics About The Poor That Will Absolutely Astound You” …

#1 According to the U.S. Census Bureau, the percentage of “very poor” rose in 300 out of the 360 largest metropolitan areas during 2010.

#2 Last year, 2.6 million more Americans descended into poverty. That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

#3 It isn’t just the ranks of the “very poor” that are rising. The number of those just considered to be “poor” is rapidly increasing as well. Back in the year 2000, 11.3% of all Americans were living in poverty. Today, 15.1% of all Americans are living in poverty.

#4 The poverty rate for children living in the United States increased to 22% in 2010.

#5 There are 314 counties in the United States where at least 30% of the children are facing food insecurity.

#6 In Washington D.C., the “child food insecurity rate” is 32.3%.

#7 More than 20 million U.S. children rely on school meal programs to keep from going hungry.

#8 One out of every six elderly Americans now lives below the federal poverty line.

#9 Today, there are over 45 million Americans on food stamps.

#10 According to the Wall Street Journal, nearly 15 percent of all Americans are now on food stamps.

#11 In 2010, 42 percent of all single mothers in the United States were on food stamps.

#12 The number of Americans on food stamps has increased 74% since 2007.

#13 We are told that the economy is recovering, but the number of Americans on food stamps has grown by another 8 percent over the past year.

#14 Right now, one out of every four American children is on food stamps.

#15 It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.

#16 More than 50 million Americans are now on Medicaid. Back in 1965, only one out of every 50 Americans was on Medicaid. Today, approximately one out of every 6 Americans is on Medicaid.

#17 One out of every six Americans is now enrolled in at least one government anti-poverty program.

#18 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.

#19 It is estimated that up to half a million children may currently be homeless in the United States.

These facts and figures are not a coincidence in our view. There is a predatory force at work here, Money Power, wielded by an Anglosphere power elite that is trying to create world government and has been busily at work for at least the past century making it happen. They have used regulatory democracy as their weapon.

Now this power elite is apparently getting ready to shift its memes somewhat. Because government is being held in disrepute by more and more individuals, there will be new ways of promoting authoritarianism. People are to be instructed in the virtues of direct democracy and are to be assured that the new meme of “transparency in government” will assure that past abuses won’t take place as a result.

But if world government does come about, the results will be the same for the world as they are in America now. Everybody will be leveled – but down not up. Since much of the world lives without regular shelter on a dollar a day, one can reasonably assume that this is where the rest of the world’s billions will eventually end up.

Only apparently, in the long-term there won’t be “billions” as the other part of the elite agenda is to cull the planet. The lucky ones will end up working in a global gulag for the new Kings of the World.

Conclusion: What stands between us and this fate is the Internet Reformation. Education is key to helping people avoid onrushing one world government. We can see resistance building to plans for a new world order and believe that over time this resistance shall grow increasingly widespread and genuine. The Internet is a process not an episode.

Editor’s Note: Tip of the hat to Saman Mohammadi of The Excavator who mentioned DB today in a thoughtful article on what we call directed history. His response comes after we commented on a previous article of his presenting evidence that the current government of Iran is a product of Western intel. On Friday, we wrote: “This is another good article by the Excavator! We’ve been writing about the issue since the publication of High Alert in 2007 (as have others as well) but Mohammadi does a good job in presenting what we consider to be a fairly scholarly exegesis on the subject [of the current Iranian false-flag government].” His articles can be seen on his blog and today’s article is featured at Alex Jones’s websites. Our previous article is entitled, “Excavator Digs up Truth About CIA’s Support for Khomeini’s Regime Change in Iran.”

http://www.thedailybell.com/3200/Ruin-is-the-Result-of-Regulatory-Democracy

Regulations alone coming from the EU to the UK cost an extra £8 Billion a year on Businesses….EXPLAINS CONSTANT RISES.

Cameron to give IMF another load of our money…£40 Billion- let oaps die of cold- let the countries ARMED FORCES DECLINE!!

£40 BILLION- JUST THINK ABOUT THAT!!

Posted by Dave Jr on 11/08/11 06:53 AM

OWS represents the unemployed. Unemployment is largely a product of federal government regulation and entitlement. OWS will be used as an excuse for more regulation. “Responsive” government creates more unemployed.

Those unable to support themselves are powerless. Government gains their power by feeding them.

It is becoming plain to see that those who deny the existence of government involvement in conspiracy, are the lunatics, the deniers of reality.

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Posted by taxesbyanyothername on 11/08/11 12:49 AM

All of these #s came from the same place originally, the 2010 census. If you dig into the census reports they say that their methodology is so flawed as to be almost worthless.

Even that great bastion of progressive government and socialist thought the N. Y. Times says that these very numbers are ridiculous. Government assistance is not taken into account when determining poverty. No provision is made for cost of living differences in different places.

And on, and on, and on. Pretty dissapointing. I started frequenting this site because I thought it would be a good place to learn. You have good articles and good people, but this one does not even make it to mediocre. If you can not do better than this I can not see how you can even think that you are learning about what you contend is the most powerful organization ever to exist, let alone thwart them.

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Reply from The Daily Bell
We used the numbers to make a point about regulatory democracy. And a profound point about what regulation and enforced egalitarianism does to a country. The leveling of opportunity to make sure everyone has a “chance” only ends up leveling the opportunities themselves.

If you are arguing that the US economy is headed in the right direction – as workers demolish large parts of Detroit to create Greenways – we emphatically disagree. We won’t defend the numbers except to say that may not be accurate individually, they certainly correlate to a trend of which people both inside and outside the US are aware: that the US economy is not what it was, that the entrepreneurial energies that made the US economy vibrant have been stifled; that opportunities in the US have diminished for the middle class due to a lethal combination of high taxes, high price inflation and high regulatory hurdles.

So … what is your point? That poverty has actually lessened in the US over the past few years? That people have MORE opportunity? That wages are going up? That food stamp use is declining? That foreclosures are diminishing, etc., etc.? The overall trend is down, not up, has been since 2008, and we don’t except that trend to change anytime soon.

—–

US wealth gap between young and old is widest ever

By HOPE YEN
Associated Press

WASHINGTON (AP) — The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt.

The typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35, according to an analysis of census data released Monday.

While people typically accumulate assets as they age, this gap is now more than double what it was in 2005 and nearly five times the 10-to-1 disparity a quarter-century ago, after adjusting for inflation.

The analysis by the Pew Research Center reflects the impact of the economic downturn, which has hit young adults particularly hard. More are pursuing college or advanced degrees, taking on debt as they wait for the job market to recover. Others are struggling to pay mortgage costs on homes now worth less than when they were bought in the housing boom.

snip —–

Posted by gmallast on 11/07/11 10:29 PM

Question: Why doesn’t the Daily Bell or anyone else challenge the claim of socialists that they are for “equality” in the sense of equal economic outcomes? Could that claim possibly be disingenuous?

Look at the history of state socialism going back to self-styled prophets Jan Mattys’ and Jan Bockelson’s prototype socialist terror state in the German city of Munster in 1534-35. Then follow every socialist state since. They can only be considered egalitarian by the standards of Animal Farm where “Some animals are more equal than others.” The only socialist communities that actively strove for true economic egalitarianism of the sort asserted (but not practiced) by Louis Blanc, “From each according to his abilities to each according to his needs,” were small communes–mainly communes of religious fanatics. But even most fanatical socialist communities degenerated into something the opposite of economic equality–most egregiously at Jonestown.

Of course the same goes double for the regulatory state going back to 17th century mercantilism and Louis XVI’s Finance Minister Jean Baptiste Colbert.

Frederic Bastiat pointed out that it is laissez faire capitalism that tends towards the greater degree of economic equality in practice even while eschewing it in principle. That is, of course, because capitalism is about mass production for the masses. About providing both their needs and their employment in a practical way.

But could it be, that the doctrine of economic equality is a scam to deceive people away from the true doctrine of political equality: viz. that no one has a charism of wisdom and virtue giving him an absolute right to rule: neither an individual, a group, nor the people as a whole. No such political/economic charism is given to humans either by God, the people, or by political office. It is simply not available to human beings.

Dr. Thomas Sowell points out, socialism is the ultimate form of elitism because if there is to be an ideal distribution of wealth, there must be someone different from all other people with a charism of wisdom and virtue that enables him to discern the ideal distribution of wealth and have the right to seize all wealth to achieve it.

But real life human nature, instead of some cloud land ideal, is such that if someone claims the wisdom and virtue giving him the power and right to seize all wealth, won’t he find some excuse to keep a disproportionate share for himself?

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Posted by cat writer on 11/07/11 09:20 PM

Posted by rossbcan on 11/07/11 04:38 PM
Government

“by the people, for the people”

… has been rationalized to:

“by the predators, for the predators”

… but, this is an unstable state of affairs, at best. History and mankind’s will to survive is clear. Soon, we will be observing the people, en masse displaying “won’t (be enslaved) power”

Ross, the people are the predators.

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Posted by rossbcan on 11/07/11 04:38 PM

Posted by taxesbyanyothername on 11/07/11 03:14 PM
I hope you know you are paraphrasing Jefferson. “That government is best which governs least, because its people discipline themselves.”

Government

“by the people, for the people”

… has been rationalized to:

“by the predators, for the predators”

… but, this is an unstable state of affairs, at best. History and mankind’s will to survive is clear. Soon, we will be observing the people, en masse displaying “won’t (be enslaved) power”

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Posted by taxesbyanyothername on 11/07/11 03:14 PM

Posted by Abu Aardvark on 11/07/11 11:49 AM
DB: “As we are seeing now, governments do not create wealth; they drain it. Governments do not provide peace; they ruin it. Governments do not guarantee the perpetuation of civil society; they abrogate it. These are the unfortunate facts.

Government cannot be fixed by better government. Government cannot be fixed by the right leadership. The only way to make government better is to make it smaller. The best government in our view governs the least.”

———————

This from Bob Wenzel over at “Economic Policy Journal”:

“The Idiots Guide to Corrupting Congressmen: Former lobbyist Jack Abramoff explains on 60 Minutes how he corrupted Congress.

Bottom line:When you create power centers, there are people like Abramoff who know how to get at those power centers. The only solution is to eliminate the powers centers, whether the power centers are government agencies or legislation going through Congress”

Click to view link

I hope you know you are paraphrasing Jefferson. “That government is best which governs least, because its people discipline themselves.”

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Posted by RR on 11/07/11 12:43 PM

“Only apparently, in the long-term there won’t be “billions” as the other part of the elite agenda is to cull the planet. The lucky ones will end up working in a global gulag for the new Kings of the World.”
Click to view link
Click to view link

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Posted by Abu Aardvark on 11/07/11 11:49 AM

DB: “As we are seeing now, governments do not create wealth; they drain it. Governments do not provide peace; they ruin it. Governments do not guarantee the perpetuation of civil society; they abrogate it. These are the unfortunate facts.

Government cannot be fixed by better government. Government cannot be fixed by the right leadership. The only way to make government better is to make it smaller. The best government in our view governs the least.”

———————

This from Bob Wenzel over at “Economic Policy Journal”:

“The Idiots Guide to Corrupting Congressmen: Former lobbyist Jack Abramoff explains on 60 Minutes how he corrupted Congress.

Bottom line:When you create power centers, there are people like Abramoff who know how to get at those power centers. The only solution is to eliminate the powers centers, whether the power centers are government agencies or legislation going through Congress”

Click to view link

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Reply from The Daily Bell
Thanks.

Posted by GWBramhall on 11/07/11 11:09 AM

Sometimes the DB disappoints me with the crazy conspiracies you seem to see everywhere. Then there are posts like this that are spot on and make me glad I take the time to read them. Do you think that perhaps the government is overselling the “Food Stamps” program and that is why its numbers are so high?

My wife has observed on several occasions the people on line at the grocery store paying with food stamps and have all matters of junk food and other non essentials in an enormously filled shopping cart. You are clearly right, if the one worlders had their way (to say nothing about the OWS lunatics) we would all see our standard of living plummet to near or below the poverty line.

You touched on all the bases but none better than that the government cannot create wealth and only interferes with the prosperity of the nation as it attempts to regulate something about which it has no understanding.

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Reply from The Daily Bell
Gee, Bramhall, you upset the elves. We track the memes of the elite as best we can, especially the financial ones. That’s what we do! So OF COURSE we see and report on what seem like “crazy conspiracies.” It’s our brief. We’re a speculative website analyzing the promotions of the greatest conspiracy on earth. Somebody had to do it. And by the way, sometimes some of the craziest conspiracies we can imagine turn out to be surprisingly credible. See here:

Click to view link

Posted by fine2opine on 11/07/11 10:59 AM

“Another fine mess we’ve gotten into, Ollie”. G.E. have won either way. If we (the populace) accept thier draconian measures, we are doomed. See #1-#19. If we resist, we fall right into thier hands anyway. Obviously, OSW is an elite sponsored event. Prmary goals are to draw out the malcontents from behind their keyboards and into the camera’s eye, and to also create a brewing pot for violence, at which point marshal law can be declared to ‘restore the order’ from disorder- disorder they themselves created.

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Posted by Jones on 11/07/11 10:39 AM

When one sees what is going on in the world they are faced with two choices. Either the people that they continually appoint and trust to “lead” them are complete morons or their seeming incompetence is deliberate. Perhaps a mix of both?

Regardless, you can see that the whole thing is irrational and is not working but these people have no intentions of relenquishing their power as is evidenced by the growing police state and military war machine… paid for by you, of course.

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Posted by laceja on 11/07/11 09:41 AM

Well, now you know how the elite plan to eliminate the internet… They just make us all so poor, we cannot afford it. Problem solved!

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Posted by rossbcan on 11/07/11 08:30 AM

When a “regulation” is decreed (rule of man), these are the effects:

a – regulation is an “obey or else” proposition. Behavior cannot be “controlled” (we live in action PRECEDES consequence reality, can only respond to action after the fact). If the “regulated” behavior is peaceful, the “regulators” must initiate aggression to impose “their decreed will”.

b – A war between the “regulators” and “regulated” is decreed. Regulators produce nothing that people will voluntarily trade for (wealth). The regulated, assuming they are productive, should they have issues with “regulations” will spend resources on avoidance and/or defense from regulators. Both regulators (100%) and regulated, to the extent they divert resources from productivity are, simply by decreeing and enforcing “regulation” are evicted from ability to participate in a productive, division of labor economy.

The cumulative effects of ever increasing regulation and the REAL effects in decreasing possibility of people being productive has already taken their toll, an attrition cost destroying civilization. On this path, it can only get worse, achieving the elite population reduction agenda, the inevitable REAL effect of the choices elites are forcefully coercing:

Click to view link

Of course, regulation (obey or else) is also interference in the free choice of the regulated, which, by definition is also a “decree by man” of the regulators that they have an inherent, forcefully imposed survival advantage over the “regulated”, BECAUSE:

Darwin PROVED: Survival EQUALS ability to adapt to environment EQUALS ability to choose correctly EQUALS freedom:

Click to view link

So long as we collectively accept the legitimacy of “rule of decreeing man”, initiating aggression in response to our peaceful choices or rejection of coercion, we refuse to THINK and make the proper pro-survival CHOICES:

Click to view link

Exec Summary: Choosing subservience EQUALS to CHOOSE NOT TO SURVIVE, individually and collectively.

BANG ON THE MONEY THE ABOVE….STUFF BEING SUBSERVIENT- TAKE A LOOK SUBSERVIENT TO THAT BUNCH OF IMMORAL- PERVERTED CABAL OF SLIMEBALLS?

WHORES OF WESTMINSTER FACILITATE THE BANKER PARASITES TO DRINK OUR BLOOD DRY!

NOT TO FORGET THE MEDIA LACKIES!

http://www.thedailybell.com/3200/Ruin-is-the-Result-of-Regulatory-Democracy

2 responses to “Ruin is the Result of Regulatory Democracy

  1. REPOST….

    Deliberate Impoverishment of the Western World
    Wednesday, September 14, 2011 – by Staff Report

    U.S. poverty totals hit a 50-year high Census Bureau’s grim statistics show recession’s lingering effects, as young adults move back home and 1 million more Americans go without health insurance … In a grim portrait of a nation in economic turmoil, the government reported that the number of people living in poverty last year surged to 46.2 million — the most in at least half a century — as 1 million more Americans went without health insurance and household incomes fell sharply. – Los Angeles Times

    Dominant Social Theme: These things happen. No reason. Depressions spontaneously occur. They are “market mistakes.”

    Free-Market Analysis: We’ve spent considerable time in the past three years (the past decade, actually), analyzing how the powers-that-be have reorganized society, especially American society, in a way that relentlessly reduces prosperity. Figures released yesterday from the US Census provide a startling illustration of just how effective elites have been. (See excerpt above.)

    Why would a handful of wealthy central banking families want to impoverish the US and render its citizens penniless? Our conclusion is simple: World government is on the way and the American culture is still resistant to the kind of hyper-regulatory corporatism that is necessary to support this kind of governance.

    America (the West, generally) has apparently been under attack by an organized cabal of inter-generational banking families and corporate, business and military enablers for at least 200 years now, and perhaps 300 years. In the past 50 years, the pace has accelerated.

    One by one, the UN, IMF, World Bank, BIS, ICC (international court), WHO and countless other globalist organizations have been put in place. The mainstream media treats this evolution as inevitable. It cannot be. Each evolution must be planned, funded and promoted. When it comes to politics of this sort, there are no coincidences, as FDR once observed.

    We have taken to calling what has evolved “directed history” – in which events including wars are planned to ensure maximum destruction of the culture as it is in order to further militarize, globalize (and impoverish) what remains.

    Because America was a “great exception” – founded as a republic with a culture that was relentlessly entrepreneurial and agricultural – America has been under sustained attack to ensure that its culture is Europeanized and recreated as what we call “regulatory democracy.”

    Regulatory democracy is one word for what has evolved. Corporatism is another. Fascism (of a sort) would be a third. No matter what word is used, the current Western model for nation states relies heavily on unelected bureaucrats, intelligence agencies and a military industrial complex that basically reports to the aforementioned elites and is not affected by voting or other democratic elements.

    The modern nation state is funded by central banks, also seemingly controlled by these elite families, and the ultimate goal is formal global governance. Some question why a formal international government is necessary. The answer is that the elites like to work within a “lawful” environment of their own creation. The more that reality corresponds to their notions and plans, the easier it is to continually consolidate power.

    Nothing else – no other sociopolitical model – seems to explain what has happened to America and Europe. The EU is a disaster and the euro has proven to be a currency that has brought ruin on the Southern crescent of that artificial entity. The one-size-fits all central banking policies of the union continue to collapse jobs and economies – something we’ve been forecasting for several years now.

    European elites are on record as anticipating the disaster and welcoming it because it will allow for the creation a closer “political union.” But in the Internet era, people are not so easily manipulated as they were in the 20th Century. The pushback to elite plans is extreme. The fate of the EU is by no means pre-determined. Events could easily spin out of control.

    In the US, the great merger between Canada, Mexico and America has been all-but-abandoned – for the time being. However, one of the primary figures behind that putative merger is Texas governor Rick Perry who spent much time and political energy in the early 2000s trying create a “North American Union.” In our view it is no accident that he is a front-runner for the presidency at this juncture.

    The Rick Perry story is certainly illustrative of how the elites work. Perry actively supported a superhighway of some 20 lanes plus railroad tracks that was (and is) planned to bisect the US, running from Mexico to Canada. It would effectively turn the country into two separate halves, both of which would be economic backwaters, as trade and prosperity flowed between Canada and Mexico.

    Perry also supported a kind of international health-care in which the US would subsidize medical treatments for Mexicans. He tried to portray this as a rare opportunity to address flaws in the health care system that a bi-national program would counteract. But in reality, it was more internationalism.

    Perry was and is a globalist; he is likely a candidate of the elites and it is perhaps no coincidence that he is suddenly a leading GOP choice to run for president. Perry’s globalist sympathies were so evident in Texas that he had to write a book renouncing them.

    In his book, from what we can tell, he basically repurposes most if not all of libertarian presidential candidate Ron Paul’s message of small government and reliance on the private sector. Perry’s statements were so extreme, however, that he has made himself a target on both sides of the aisle.

    Perry is just one more unmoored and unprincipled politician, willing to undermine his country and its hundreds of millions for personal gain. (Some have compared him to a used car salesman and claimed in another, less corrupt era he would never have achieved his current position.) He has become a millionaire several times over during his political career, and no doubt millions more await him if he does by some chance become president.

    Meanwhile, the larger American economy continues to suffer. Critics in the mainstream media will have plenty of explanations for how their country came to be in the shape that it is in. But from our humble perspective, there can only be one explanation; it’s part of a larger plan, at least to some degree. Here’s some more from the article, above:

    The poverty rate for all Americans rose in 2010 for the third consecutive year, matching the 15.1% figure in 1993 and pushing many more young adults to double up or return to their parents’ home to avoid joining the ranks of the poor. Taken together, the annual income and poverty snapshot released Tuesday by the U.S. Census Bureau underscored how the recession is casting a long shadow well after its official end in June 2009 …

    The total number of Americans who fell below the official poverty line last year rose from 43.6 million in 2009. Of the 2.6-million increase, about two-thirds of the people said they did not work even one week last year. Those with jobs were much less likely to be poor, but the recession and weak recovery have wiped out income gains of prior years for a broad spectrum of workers and their families.

    Inflation-adjusted median household income — the middle of the populace — fell 2.3% to $49,445 last year from a year ago and 7% from 2000. “It’s a lost decade for the middle class,” said Sheldon Danziger, a poverty expert at the University of Michigan. The number of poor children younger than 18 reached its highest level since 1962, said William Frey, a demographer at the Brookings Institution.

    This is an unmitigated disaster, and it is hitting young people the hardest. Overall, the number of 25- to 34-year-old men and women who were living with their parents last spring totaled 5.9 million, the article tells us, and this is a 25.5% increase since the recession began in 2007.

    Of course, we note the words that are used in the article to describe the current conflagration, specifically the “R” word, recession. This is no recession, from what we can tell. Nor has there been a “weak recovery.”

    With 50 million or so Americans relying on food stamps and unemployment realistically hovering at least in the 20 percent area (we think its closer to 30 percent), one can use any words one wants to – even “banana” – but a depression is a depression.

    The elites, of course, fear depression. While it is important to remove prosperity from people’s lives in order to make them malleable, too much hardship can cause social chaos and the kind of pushback that puts “civilized” institutions at risk. During the Great Depression, the elites were most worried about armed insurrection in America and Europe, especially because there were so many young men with military experience as a result of World War One.

    But depression is the logical outcome of the economic system now in place throughout the West. Driven by central bank fiat money divorced from underlying value, powered by taxes, visible and invisible, that take up to 50 percent of the average person’s income, and rigorously controlled by a blizzard of incomprehensible and destructive regulations, the system in place now is Babylonian in its devious intricacy and seemingly beyond redemption.

    Add in five or six regional wars in the Middle East and Africa (with more doubtless coming) and the general militarization of the population and the larger model of corporatism, and the results become clear. The economy of the West has been so distorted that price signals are simply not available. No one knows what to invest in because government subsidies, regulation and fiat money have made it impossible to tell a healthy enterprise from a fraudulent one.

    There is an easy way out of the depression that is gradually lengthening over the West like a malevolent shadow. Return to free and unregulated markets, disband central banks and let money freely compete and circulate, especially gold and silver.

    Stop distorting the economy with endless government fixes, phony wars and the saddlingof the larger culture with the inevitable failing prescriptions of “wise men.” These are simple solutions. They have worked in the past and sooner or later they will work again. The elites, as powerful as they are, cannot forever hold back the logic of the larger market.

    It is, in fact, inevitable in our view. In this era of the Internet Reformation, it is likely impossible for the elites to fully complete their globalist campaign. Too much is known about what’s planned and as a result, the great families are turning more and more (ineffectively) to repression, wiretapping and violence to achieve their ends.

    Conclusion: This is evidence of the weakness of their position and we have seen no evidence that their situation can much improve either in the long or short term. In the 21st Century we would tend to believe that people may not prove so malleable as the elite has hoped. The Internet Reformation proceeds apace, bringing to the West more and more that is unexpected and hard to control. Directed history is harder and harder to implement. “Things fall apart,” novelist Chinua Achebe once observed. Not just in Africa.

    http://www.thedailybell.com/2927/Deliberate-Impoverishment-of-the-Western-World

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