Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Bureaucratic Despotism

IMG Auteur
Published : November 28th, 2012
284 words - Reading time : 0 - 1 minutes
( 3 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Collapse
Category : Editorials

 

 

 

 

"A great civilization is not conquered from without, until it has destroyed itself from within. The essential causes of Rome's decline lay in her people, her morals, her class struggle, her failing trade, her bureaucratic despotism, her stifling taxes, her consuming wars."


- Will Durant, The Story Of Civilization III, Epilogue, 1944


A number of sources list this as a quote, but it is a synthesis of the Epilogue "Why Rome Fell". It is valid then as well as now. America as we know it won't collapse, but Americans have been unusually successful in dealing with "bureaucratic despotism". They will be successful again. Bankruptcy of another experiment in bureaucratic despotism will prompt a refreshing turn to reform of bullying politics.


The election was a big day for the implacable forces of big bureaucracy, main stream media and big unions. There is no change from before the election.



Hoye/Brown - originally published March 2009



Cartoon from 1934




This cartoon was published by the Chicago Tribune in 1934.
Look carefully at the plan of action in the lower left corner.
Remember the adage:
"Those who do not remember the past are doomed to repeat it."




Couldn't find it in my old Webster's dictionary so I Googled it and discovered it is a recently "coined" new word found on T-shirts on eBay:


Read this one over slowly and absorb the facts that are within this definition! I love this word and believe that it will become a recognized English word. Finally, a word to describe our current political situation...


"The king has erected a multitude of New Offices, and sent Swarms of Officers to harass our People and eat out their substance."


- U.S. Declaration of Independence


 

 

<< Previous article
Rate :Average :5 (3 votes)
>> Next article
Bob Hoye is the chief financial strategist of Institutional Advisers
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
The Finanser Interviews Jon Matonis
18:36overtheedge
"In late 2009, I got introduced to Bitcoin by a random email from Satoshi Nakamoto. I didn’t give it much thought at the time and then 3-4 months ...
Gold Effect on Mining & Shale Wa...
27 Maruser4779
A jumbled and rambling article, seasoned with hyperbolic rant, but redeemed by interesting information. So 3/5. A good editor could turn this into ...
Oil Surges, Gold and Silver Spik...
26 Marovertheedge
"That a country would choose to directly intervene militarily in the affairs of another country is a dangerous precedent, ..." Precedent?<...
Water Wars Loom Over California ...
26 Marovertheedge
Ellen Brown should stick to what she understands versus geology, hydrology and financially available technology. Example: "With discussions...
Kicked to the Curb
24 MarFalconflight2
I'm both ashamed and disgusted by the government 'of, by, and for the people,' every bit as much as I am ashamed and disgusted by the People.
The Silver:Gold Ratio, 1687-2011
24 Marconey1
"large new deposits of silver were found"? So what was found by ECB that enabled them to cough up an extra trillion euros for failing European econ...
The Silver:Gold Ratio, 1687-2011
23 Maruser4779
You are right that a currency based on precious metal is subject to inflation if there is a big increase in the supply of that metal. Indeed, this ...
The Silver:Gold Ratio, 1687-2011
23 Maruser4779
"The red line in the chart is a 16:1 silver:gold ratio, and the green line is a 15:1 ratio." This is the wrong way round: swap "red" and "green".
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Comments closed
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.