Tag Archives: Ratchet Effect

The Voters Who Stayed Home

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“Truth be told, most of today’s GOP does not believe Washington makes things worse. Republicans think the federal government — by confiscating, borrowing, and printing money — is the answer to every problem, rather than the source of most. That is why those running the party today, when they ran Washington during the Bush years, orchestrated an expansion of government size, scope, and spending that would still boggle the mind had Obama not come along.  No matter what they say in campaigns, today’s Republicans are champions of massive, centralized government.”

http://www.nationalreview.com/blogs/print/333135

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U.S. Constitution Created an Empire

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“The continent lay before the framers and Americans. Land lay before the framers and Americans. Untold riches and wealth in land beckoned. Land speculation was an American constant. Empire as a form of government was the chosen vehicle for expansion into these lands. Dreams of liberty also prevailed, and the framers thought that empire and liberty could co-exist. This illusion has never been shattered, not even by the bloodiest of all American wars. Today, we inherit the problem that empire and liberty, in the final analysis, cannot be reconciled. One or the other must prevail.”

http://www.lewrockwell.com/blog/lewrw/archives/124891.html

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Top Hedge Fund Manager Warns on Hitler Scenario

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“I don’t know whether we’re beyond the point of being able to successfully manage this. And I worry then about– social disruption. I worry about– another leg down in the economies– causing– social disruptions. Because deleveraging– can be very painful, it depends how they’re managed.  But when people– get at each other’s throat, the rich and the poor and the left and the right and so on, and you have a basic breakdown,that becomes very threatening.”

http://www.economicpolicyjournal.com/2012/09/top-hedge-fund-manager-warns-on-hitler.html

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2 U.S. Supreme Court Justices – And Numerous Other Top Government Officials – Warn of Dictatorship

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“Former Supreme Court Justice David Souter told University of New Hampshire School of Law that the ‘pervasive civic ignorance’ in the U.S. could bring dictatorship.   Former Supreme Court justice Sandra Day O’Connor has also warned of dictatorship.”

http://www.zerohedge.com/contributed/2012-09-19/2-us-supreme-court-justices-%E2%80%93-and-numerous-other-top-government-officials-%E2%80%93-w

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Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Government in Japan

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“Japan’s parliament passed a landmark tax bill Friday, finalizing the legal framework to double the nation’s sales tax by 2015 as a step toward fiscal reconstruction. The upper house enactment of the contentious bill marks the end of Prime Minister Yoshihiko Noda’s tortuous 12-month road to raise the tax to 8% in April 2014 and 10% in October 2015. …The sales tax hike will be the first since 1997, when the rate was raised to the current 5% from 3%.  Wow, more than tripling the tax between 1997 and 2015. I wonder how long it will take Japan’s political class to boost the rate to 20 percent?”

http://danieljmitchell.wordpress.com/2012/08/12/just-as-happened-in-europe-the-vat-is-becoming-a-money-machine-for-big-govenrment-in-japan/

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