[Purge]

This is part 2
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Think of how this undeclared war has contributed to our national deficit, undermined military morale and preparedness, antagonized our allies, and exposed us to an even greater threat from those who resent our destructive occupation. Claiming we have no interests in the oil of the entire Middle East hardly helps our credibility throughout the world.
The system of special interest government that has evolved over the last several decades has given us a national debt of over eight trillion dollars, a debt that now expands by over 600 billion dollars each year. Our total obligations are estimated between fifteen and twenty trillion dollars. Most people realize the Social Security system, the Medicare system, and the new prescription drug plan are unfunded. Thousands of private pension funds are now being dumped on the U.S. government and American taxpayers. We are borrowing over 700 billion dollars each year from foreigners to finance this extravagance, and we now qualify as the greatest international debtor nation in history. Excessive consumption using borrowed money is hardly the way to secure a sound economy.
Instead of reining in government spending, Congress remains oblivious to the financial dangers and panders to special interests by offering no resistance whatsoever to every request for new spending. Congress spends nearly 2 ½ trillion dollars annually in an attempt to satisfy everyone’s demands. The system has generated over 200 trillion dollars of derivatives. These problems can’t be addressed with token leadership changes and tinkering with the budget. A new and a dramatic direction is required.
[size=3]As current policy further erodes the budget, special interests and members of Congress become even more aggressive in their efforts to capture a piece of the dwindling economic pie. That success is the measure of effectiveness that guarantees a member’s re-election.
The biggest rip-off of all-- the paper money system that is morally and economically equivalent to counterfeiting-- is never questioned. It is the deceptive tool for transferring billions from the unsuspecting poor and middle-class to the special interest rich. And in the process, the deficit-propelled budget process supports the spending demands of all the special interests-- left and right, welfare and warfare-- while delaying payment to another day and sometimes even to another generation.
The enormous sums spent each year to support the influential special interests expand exponentially, and no one really asks how it’s accomplished. Raising taxes to balance the budget is out of the question-- and rightfully so. Foreigners have been generous in their willingness to loan us most of what we need, but even that generosity is limited and may well diminish in the future.
But if the Federal Reserve did not pick up the slack and create huge amounts of new credit and money out of thin air, interest rates would rise and call a halt to the charade. The people who suffer from a depreciated dollar don’t understand why they suffer, while the people who benefit promote the corrupt system. The wealthy clean up on Wall Street, and the unsophisticated buy in as the market tops off. Wealth is transferred from one group to another, and it’s all related to the system that allows politicians and the central banks to create money out of thin air. It’s literally legalized counterfeiting.
Is it any wonder jobs go overseas? True capital only comes from savings, and Americans save nothing. We only borrow and consume. A counterfeiter has no incentive to take his newly created money and build factories. The incentive for Americans is to buy consumer goods from other countries whose people are willing to save and invest in their factories and jobs. The only way we can continue this charade is to borrow excess dollars back from the foreign governments who sell us goods, and perpetuate the pretense of wealth that we enjoy.
The system of money contributes significantly to the problem of illegal immigration. On the surface, immigrants escaping poverty in Mexico and Central America come here for the economic opportunity that our economy offers. However, the social services they receive, including education and medical benefits-- as well as the jobs they get-- are dependent on our perpetual indebtedness to foreign countries. When the burden of debt becomes excessive, this incentive to seek prosperity here in the United States will change.
The prime beneficiaries of a paper money system are those who use the money early-- governments, politicians, bankers, international corporations, and the military industrial complex. Those who suffer most are the ones at the end of the money chain-- the people forced to use depreciated dollars to buy urgently needed goods and services to survive. And guess what? By then their money is worth less, prices soar, and their standard of living goes down.
The consequences of this system, fully in place for the past thirty-four years, are astronomical and impossible to accurately measure. Industries go offshore and the jobs follow. Price inflation eats away at the middle class, and deficits soar while spending escalates rapidly as Congress hopes to keep up with the problems it created. The remaining wealth that we struggle to hold onto is based on debt, future tax revenues, and our ability to manufacture new dollars without restraint. There’s only one problem: it all depends on trust in the dollar, especially by foreign holders and purchasers. This trust will end, and signs of the beginning of the end are already appearing.
During this administration the dollar has suffered severely as a consequence of the policy of inflating the currency to pay our bills. The dollar price of gold has more than doubled ($252 to $560 per ounce, a 122 % increase). This means the dollar has depreciated in terms of gold, the time-honored and reliable measurement of a nation’s currency, by an astounding 55%. The long-term economic health of the nation is measured by the soundness of its currency. Once Rome converted from a republic to an empire, she depreciated her currency to pay the bills. This eventually led to Rome’s downfall. That is exactly what America is facing unless we change our ways.
Now this is a real scandal worth worrying about. Since it’s not yet on Washington’s radar screen, no attempt at addressing the problem is being made. Instead, we’ll be sure to make those the Constitution terms, “petitioners to redress their grievances” fill out more forms. We’ll make government officials attend more ethics courses so they can learn how to be more ethical.
A free nation, as it moves toward authoritarianism, tolerates and hides a lot of abuse in the system. The human impulse for wealth creation is hard to destroy. But in the end it will happen here, if true reform of our economic, monetary, and political system is not accomplished.

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