Declaring War on our Government

There are arguments that our industries have 'left the building' and now manufacture in foreign nations with cheap labor and ship it back to sell at higher margins. The suggestion is to initiate a high tariff to bring industries back.

Tariff's were done once before in a similar situation....about 60 years ago. The Smoot-Hawley Tariff Act was a hefty tariff on imports. Trading partners reciprocated in revenge and was a large contributing effect to the Great Depression. Other actions taken were massive spending programs initiated by the Government that only prolonged the agony.

We only came out of the Great Depression because of we had huge numbers of idled factories and tremendous numbers of unemployed people when we were attacked by Japan. Our massive idled capacity was immediately employed in the war effort.

What we're seeing happen now is similar, but there is a much worse undertone going on. ALL of our politicians are counting on OUR collective ignorance and apathy so a relatively select few can benefit on our woes.

The Government's massive money printing program has begun. When that flood of currency begins to hit the market we will see rampant inflation. We will truely see bread at thousands of dollars a loaf. The only thing holding that cash at bay at present are the banks, credit card companies, major financial institutions that have converted into "banking organizations" and, most recently, GMAC Financing.

I have a column you can read http://oldphartbsa.newsvine.com/_news/2008/11/25/2147199-basics-of-banking
on how money is created and how our economy works.

The most irritating aspect of this whole situation is that there was massive citizen response against the bail outs from the beginning and our so called "representatives" voted against the will of their consituants to benefit the already obsenely wealthy (I'm not against wealthy people but, holy horse hockey, we're giving money to people who have already made hundreds of millions and have it still safely secured!!

We, the common, ugly-american, great unwashed mass of "consumers" (we are no longer defined as American Citizens...only as consumers) will be paying the ultimate price for all of the governmental spending.

That price will be paid in reduced wages, reduced purchase power due to extreme inflation, massive chronic unemployment, civil unrest, government crack-downs, and Janet Reno Raids on the opposition (think Waco, Iliano (the Cuban Kid), Ruby Ridge, etc.

All of this was created by our IDIOT politicians who took it on themselves that they knew, and know, the best way to make changes in human and business nature. Our politicians, unfortunately the majority involved were democrats, determined that it was in our collective best interests to have home ownership almost a new Constitutional Right.

They began in the 70's, under Carter, with the Community Reinvestment Act, that had the laudable goal of increasing home ownership for minorities. It was true that there was still a hell of a lot of prejudice and minorities needed the help. The CRA was expanded under Clinton when banks were accused of "Redlining" areas and making mortgages more expensive and difficult to obtain. The banks were under pressure to make loans more affordable by the government...particularly by Fannie Mae, Freddie Mac and the Fed.

Clinton also approved the loosing of standards that allowed a broader definition of bank holding companies...allowing banks to merge with brokerages, insurance companies and other financial companies.

The very laws forbidding these arrangements came from the hard, serious lessons of the Great Depression...and they undid them.

It is not time to be writing to your "leaders". They aren't listening and the only response you'll get, if you get one, is a form letter that may vaguely reference your issue. Most likely you'll get one, if you do get a response, that is totally unrelated to your communication. Our so-called leaders are indifferent, unresponsive and thouroughly corrupted by the power they hold.

Writing and emails no longer work.

The only option left now is to declare war on our own government. To exercise our right to 'alter or abolish it' and reinstitute our Constitution as it was written, not as it is currently interpreted.

Back To Top