Spinning out of Control - The endless printing of paper money to pay for a Socialist Welfare State has brought the world to the edge of a cliff.
- The Democrats are addicted to spending like a heroin user.
- But do the Socialist-Lite Republicans have the will power to end the madness?
Words such as “ruined,” “evil,” “oppression,” “fraud,” and “injustice” are seen as partisan rhetoric in the battle for control of the Federal leviathan – and the paper money that flows so freely to it via the Federal Reserve. Clueless politicians on both sides of the isle do not recognize that this flow of money will soon cease to exist, along with the power it buys. The vacuum left will create a power grab of historic proportions.
Should we fail to take action now, one need only look at the European Union to see our ultimate fate. The EU is a failed attempt to unite diverse nations under a single fiat currency without a centralized government to administer it. Common sense dictated that this experiment would fail. As predicted, fiscal prudence was not practiced by all member nations. Those practicing restraint resent those who did not, resulting in political and economic instability. Political posturing over proposed solutions has created deadlock. To buy more time, money was printed. The resulting accumulation of sovereign debt has now triggered a crisis that has consumed all of Europe.
As the sovereign debt crisis rolls from Europe to our shores, be assured that the same “solution” proposed for Europe will be “offered” to the United States. Consolidation of the monetary system at an international level (International Monetary Fund) will be touted as the remedy to the economic hardship Americans will soon be embroiled in.
(Tenth Amendment Center)
Once upon a time the GOP stood for Sound Money backed by gold. Since then they have become insane big spenders printing endless "free" paper money to cover obscene Big Government spending in an endless quest to buy votes.