Tag Archives: Welfare-Warfare State

The Man Who Almost Stopped Julius Caesar

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“Cato was just five years of age when Rome went to war with its former allies in the Italian peninsula — the so-called ‘Social War.’ Though the conflict lasted just two years, its deleterious effects were huge. The decades to follow would be marked by the rise of factions and conflict and local armies loyal to their commanders instead of the larger society. A ‘welfare-warfare’ state was putting down deep roots as Cato grew up. The limited government, personal responsibility and extensive civil society so critical to the republic’s previous success were in an agonizing, century-long process of collapse. Even many of those who recognized the decay around them nonetheless drank the Kool-Aid.”

http://fee.org/freeman/detail/the-man-who-almost-stopped-julius-caesar

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US health insurers rush to consolidate after Obamacare ruling

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“If the Anthem-Cigna deal is consummated soon, it would mean that the ‘big five’ health insurers, with 134m customers and combined annual revenues of $346bn, would have agreed to become a ‘big three’ in a matter of weeks.  The Supreme Court’s decision was the final part of a puzzle that has been painstakingly pieced together since the ACA was signed into law in 2009. The act was vehemently opposed at its inception by many health insurers, not least Anthem, then known as WellPoint. But it has created big opportunities for the industry, as Medicaid, a federally funded scheme for those on low incomes, is expanded, and millions of uninsured people are brought into private health plans.”

http://www.ft.com/intl/cms/s/0/9908ecd0-242c-11e5-bd83-71cb60e8f08c.html#axzz3hEGJuw00

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Ron Paul: Greece Today, America Tomorrow?

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“While most commentators have focused on Greece’s welfare state, much of Greece’s deficit was caused by excessive military spending. Greece’s military budget remains among the largest in the European Union.  Despite all the handwringing over how the phony sequestration cuts have weakened America’s defenses, the United States military budget remains larger than the combined budgets of the world’s next 15 highest spending militaries. Little, if any, of the military budget is spent defending the American people from foreign threats. Instead, the American government wastes billions of dollars on an imperial foreign policy that makes Americans less safe.”

http://www.ronpaulinstitute.org/archives/featured-articles/2015/july/12/greece-today-america-tomorrow/

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Robert Ringer: Why Slavery Is Here to Stay

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rringer-11

“Dear reader, I suggest that you sit back and enjoy the upcoming campaign festivities for the next year-and-a-half. They promise to be reality TV at its best.  Your biggest challenge is to not get so caught up in the playacting that you begin to take it seriously. After all, no matter which scoundrel ends up winning the throne in 2016, you already know, based on past history, that there will be no fundamental changes in the way government operates. Guaranteed! And if you’re wondering about the fate of shrimp on treadmills and obese lesbians, rest assured that they will once again become important political projects right after the current presidential soap opera comes to an end.”

http://robertringer.com/why-slavery-is-here-to-stay/

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Ron Paul: Janet Yellen is Right, She Can’t Predict the Future

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American Exceptionalism: Putin, the Neocons, and Ron Paul

“This week I found myself in rare agreement with Janet Yellen when she admitted that her economic predictions are likely to be wrong. Sadly, Yellen did not follow up her admission by handing in her resignation and joining efforts to end the Fed. An honest examination of the Federal Reserve’s record over the past seven years clearly shows that the American people would be better off without it. Some say that eliminating the welfare-warfare state and the fiat currency system that props it up will cause the people pain. The truth is the only people who will feel any long-term pain from returning to limited, constitutional government are the special interests that profit from the current system.”

http://www.thedailybell.com/editorials/36314/Ron-Paul-Janet-Yellen-is-Right-She-Cant-Predict-the-Future/

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Rome: Money, Mischief and Minted Crises

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“In a period of about 370 years, the denarius and its successors were debased incrementally from 98 percent to less than one percent silver. The massive spending of the welfare/warfare state exacted a terrible toll in the name of either ‘helping’ Romans or making war on non-Romans. Financial and military crises mixed with poor leadership, expediency, and a clear misunderstanding of economic principles led to the destruction Rome’s monetary system.  Honest and transparent policies could have saved the Romans from centuries of economic hardships. The question future historians will answer is, ‘What did the Americans learn from the Roman experience?'”

http://fee.org/anythingpeaceful/detail/rome-money-mischief-and-minted-crises

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Bill Bonner: To the Class of 2015, Part 2

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“We — your parents — enjoyed an economic expansion that began when we were born and continued, with only short interruptions, until we retired. We got out of school with little or no student debt. We could start businesses with generally few impediments. We could borrow money to fund our businesses and our lives. We could hire, fire, switch jobs…buy and sell houses…move from place to place… We were freer…and richer…than you will be…unless you can wipe the slate clean of our debts, our foolish wars and dumbbell programs, and our attempts to hold back the future and prevent you from living rich, full, free lives of your own.”

https://www.equitymaster.com/dailyreckoning/detail.asp?date=05/12/2015&story=2&title=To-the-Class-of-2015-Part-2

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War on Terror’s Economic and Mortality Costs Have Yet to Be Tallied

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“Misallocation of resources, destruction of vast amounts of equipment and, of course, the ongoing costs of tending to the many veterans who have returned with significant physical and psychological damage are certainly bound to be factors that must prey on Western and especially US economies.  This doesn’t include the costs of the US’s internal militarization and authoritarian centralization. The damage to startups and entrepreneurial ventures is probably significant as well, as the US seems to head more and more toward a war footing.  The immense and yet little-understood costs of the war on terror ought to be considered by judicious analysts and investors.”

http://www.thedailybell.com/news-analysis/36201/War-on-Terrors-Economic-and-Mortality-Costs-Have-Yet-to-Be-Tallied/

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Ron Paul, The New Militarism: Who Profits?

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“NATO, which I believe should have been shut down after the Cold War ended, is also getting its own massively expensive upgrade. The Alliance commissioned a new headquarters building in Brussels, Belgium, in 2010, which is supposed to be completed in 2016. The building looks like a hideous claw, and the final cost – if it is ever finished – will be well over one billion dollars. That is more than twice what was originally budgeted. What a boondoggle! Is it any surprise that NATO bureaucrats and generals continuously try to terrify us with tales of the new Russian threat? They need to justify their expansion plans!  So who is the real enemy? The Russians?  No, the real enemy is the taxpayer.”

http://www.ronpaulinstitute.org/archives/featured-articles/2015/april/12/the-new-militarism-who-profits/

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Alan Greenspan talks GOLD (UNCUT VERSION)

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“Look, remember what we’re looking at. Gold is a currency. It is still by all evidences the premier currency where no fiat currency, including the dollar, can match it. And so that the issue is, if you’re looking at a question of turmoil, you will find, as we always have in the past, it moves into the gold price. The ultimate test at the Mount Washington Hotel in 1944, between those who wanted to an international fiat currency which was embodied in John Maynard Keynes’ construct of a banker, and he was there in 1944, holding forth with all of his prestige, but couldn’t counter the fact that the United States dollar was convertible into gold and that was the major draw. Everyone wanted America’s gold.”

http://www.cfr.org/financial-crises/alan-greenspan-central-banks-stagnation-gold/p33699

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