By Reginald Kaigler (DEMCAD)
Congressman Ron Paul's May 25, 2011 on the floor of the House struck me as odd. Here was a 75 year old man who has dedicated decades of his life to upholding the U.S. Constitution and protecting American civil liberties facing the music. He spoke passionately about the federal government's continued assaulted on civil liberties, but it was to no avail. No one was listening and no one cared. After all, most of the House and Senate has been paid off long before they even stepped foot in the chambers. Ron Paul has been constantly demanding Congress to challenge the Federal Reserve and asking why none the Wall Street criminals have been held responsible for the financial collapse of 2008.
"The last nail is being driven into the coffin of the American Republic. Yet, Congress remains in total denial as our liberties are rapidly fading before our eyes. The process is propelled by unwarranted fear and ignorance as to the true meaning of liberty. It is driven by economic myths, fallacies and irrational good intentions. The rule of law is constantly rejected and authoritarian answers are offered as panaceas for all our problems. Runaway welfarism is used to benefit the rich at the expense of the middle class."
The truth of the matter is that Ron Paul maybe finally realizing what I've thought for over a year: The republic is lost. The renewal of the Patriot Act guarantees that federal agencies can form a domestic spy network in America that will track and control everything that we do. The U.S. Supreme Court's recent declaration that law enforcement can enter a home without a warrant as long as they think evidence is being destroyed, is a clear violation of the Fourth amendment. The TSA's Nazi Germany-style security tactics assures that Americans will be bullied by the very government that professes to protect them. The fact of the matter is the America is toast: politically, socially, morally and economically.
The economy has been reduced to a serfdom (I mean, "service") system where Americans don't make anything, but he stand around and sell each other cheap crap that's made in third world countries. It's an economy with a withering manufacturing base, shrinking middle class, a ponzi currency system, a collapsing housing market, rampant corruption in finance, absolute insolvency in banking and an overwhelming amount of debt that is impossible to pay off. The economy is unsustainable and it is collapsing. It's an economy with a widening gap between the rich and the poor. The type of economy where college graduates are standing in retail stores making 9 bucks per hour saying "How may I help?" Who in the hell is going to raise a family on 9 dollars an hour after accumulating tens of thousands of dollars in student loan debt?
While McDonald's is hiring, real jobs are disappearing. Local and state governments have laid off 300,000 employees in 2011 and are projected to layoff at least 450,000 employees next year.
And NO! The housing market is not coming back. Who the hell is going to be buying a house when they can't even land a decent job?!
David Blitzer, chairman of the Case-Shiller index committee at S&P said the following,
“There is very little, if any, good news about housing...The 20-city composite is within a hair’s breadth of a double-dip.”
It's over! QE2 (money printing) is coming to an end. If they continue with QE3, it'll be the final nail in the coffin for the dollar. QE2 devalued the dollar to the point where energy and food prices soared. If they don't continue quantitative easing, then the economy collapses. Either way, the economy is toast. So let me say to Dr. Ron Paul that his efforts are to be commended, but his services are no longer needed. He should enjoy the time that he has left with his family and leave the fools to their own devices. The most of the American people will not wake up. They will continue to follow their leaders over the cliff. And for anyone who would like to debate me on this point, I will leave you with a youtube video. This video doesn't have much commentary, but it is very insightful.
It's entitled, "This is Why."
And it explains why America is finished. While the Federal Reserve robs us blind, this is what most Americans care about. Watch and enjoy.
Bond Expert Gundlach: Housing Collapse to Spark Second Financial Meltdown
State and local governments may cut 450,000 jobs in FY2012
looting of the Republic.