More nonsense ...........
sianews.com
>>>As any good political theorist will tell you, economics and political freedom go hand in hand. Several months ago, the Heritage Foundation and the Wall Street Journal issued an economic-freedom index in which the U.S. ranked only number ten worldwide.*** What the study discovered was a strong statistical relationship between economic freedom, limited government and economic growth and prosperity. As our socialist state continues to extend its tentacles into every area of our lives, freedom itself seems to be doomed to the scrapheap of history.
For too long, politicians have drained the coffers of our government completely dry, while overtaxing the American public at an astonishing rate. This cannot go on forever. Some economists are now predicting that if the deficit train is not slowed, the country will be bankrupt within 30 years, but it could happen sooner than that. "Our country is insolvent and bankruptcy will come. And there will be liquidation of debt," remarked Congressman Ron Paul (R-Tex.) in a recent interview with Oldspeak magazine. rutherford.org
When asked if this meant a depression, Paul responded, "I think it is going to be very, very bad. We are much poorer than we think we are. The debt, however, will not be paid. Some actually believe the $7 trillion can be paid off. But the debt will be liquidated."
The danger is that if a depression occurs, there will be upheaval and turmoil. This, of course, raises the fear that in an effort to maintain order, many Americans will call for stronger and stronger government. Yet as history teaches us, that is how the worst tyrants come to power.
America the Titanic? What do you think?<<<
*** I'm sure South Africa is second last. Zimbabwe is last. |
