Archive for the ‘Economy’ Category
The Tea Party Debt Commission Found $9.7 Trillion to Cut
By Dr. Harold W. Pease
The French philosopher Alexis de Tocqueville in 1840, once prophetically said, “The American Republic will endure until the day Congress discovers that it can bribe the public with the publics’ money.” That day is here!!
Both parties have succumbed to the temptation of getting elected by promising ever more goodies from the public coffers, irrespective of constitutional limits, and to the point that they have irresponsibly enslaved our children with 15.25 trillion dollars indebtedness. Both parties are blatantly guilty with democrats far more so the last three years. The national debt has increased at an average of 4 billion dollars a day under President Barack Obama. The seriousness of this led Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff to exclaim, “Our national debt is our biggest national security threat.”
Last summer both big government parties, Democrat and Republican, unable to come to any agreement, turned their authority over to what was called a “Super Committee” of six democrats and six republicans and still could not reduce the debt by 1.2 trillion dollars over ten years. Impasse!!
In the U.S. One Largely Chooses His Level of Poverty
By Dr. Harold Pease
College enrollment is now in progress and a new semester or quarter begins in January. Dare I say to a generation whose work ethic has greatly diminished, what I was told prior to my many years of college? If you get a college degree you likely will have a higher level of income and more favorable working conditions. Certainly there are notable exceptions like Steve Jobs and Bill Gates, who have no degrees, and those who major in medieval art, or some such discipline were there exists no real employment demand. But by in large in this country, barring an accident or unusual health concern, if you are poor by the age of forty you chose to be so.
Your choices, made between ages twenty and thirty, largely place you where you will be the rest of your life. The road to security and prosperity is education and is available to everyone willing to work. I tell my students that they may not be able to run out of the ghetto, even walk, but all can crawl.
“Anyone Who Said Something Against the Government Was Taken Away!”
By Dr. Harold Pease
Be grateful for your right to criticize the government, whether as a Tea Party Patriot or as Occupy Wall Street. This can be lost. It helps to remember that we can vote to make things much worse if we continue to travel further into socialism. Take Austria in 1938 for example, as related by eyewitness Kitty Werthmann, whose account is herein summarized. They too voted for socialism to end dire economic conditions and died as a nation for so doing.
With unemployment and interest rates at 25%, the country was in deep depression and “people were going from house to house begging for food.” Kitty remembers her mother cooking a big kettle of soup and baking bread to feed her staving neighbors, about “30 daily.” The Communist Party and the National Socialist Party, two conflicting varieties of socialism, were fighting each other. The Germans, under Adolf Hitler, promised an environment of no crime, full employment, a high standard of living, and happiness. Austrians “became desperate and petitioned the government to let them decide what kind of government they wanted.” The Austrian government could not deliver these conditions, so 98% of the population, believing the lies, “voted to annex Austria to Germany and have Hitler for our ruler.” When this happened, the people danced for joy in the streets for three days.
The Pilgrim’s Failed Socialist Experiment
By Dr. Harold Pease
Few realize that New England’s first form of government under the Pilgrims was communalism (socialism) where “each produced according to his ability and each received according to his needs,” more than two centuries before Karl Marx first penned the above script. The result of “share the wealth” then and now was, and always will be, shared poverty.
William Bradford, the colony’s governor its first 30 years, wrote of the agreement between the Pilgrim passengers and the financial “Adventurers” in his book Of Plymouth Plantation. He noted that the seven-year contract signed July 1, 1620, before leaving Plymouth England, stipulated that the Pilgrims were to pool, for common benefit, “all profits and benefits that are got by trade, traffic, trucking, working, fishing, or any other means of any person or persons…” It further noted “that at the end of the seven years, the capital and profits, viz. the houses, lands, goods and chattels, be equally divided betwixt the Adventurers and Planters…” During this time the colonists were to “have their meat, drink, apparel, and all provisions out of the common stock and goods of the said colony.” It doesn’t get more socialistic than this because the government divvied out the goods and loafers received the same as those who worked.
Occupy Wall Street Needs to Stay on Wall Street
By Dr. Harold Pease
Some protesters say the Occupy Wall Street mother city should move to Oakland, California as the New York branch has not shown the “stomach” needed for the more violent form of confrontation necessary for “real” change and the weather is better for maintaining the movement through the winter months. Others say that a move to Washington D. C. is critical as the Congress is the only real agent of change, and Occupy should assemble, like everybody else, in front of the capital, as did the Tea Party with their million July 4th 2010. “President Obama, Can you hear us now?” repeated three times with added emphasis each time.
But those who study special interest groups know that Occupy Wall Street needs to stay right where it is, as within blocks of Zuccotti Park, where they are assembled, is the most powerful special interest group in the United States. Unbeknown to the protesters, they are located near the nerve center of U.S. foreign policy. Important visitors to the U.S. usually make at least two scheduled visits while in the United States, one to 58 East 68th Street, New York City, the other to the White House. Yes, this one organization (which I will not identify just yet) provides at least a third of all cabinet members and the Secretary of State of every administration since the 1930s. It has, and always will, until known more fully to the American people for its vast influence over both major political parties, provided all ambassadors to Russia, China and the United Nations as well. Its members fill most of the seats on the Federal Reserve Board, from whom most of our fiscal policy is determined.