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ranbotrader
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G. Edward Griffin on Saving the US from Totalitarianism

- Louis James - Casey Research

The American problem happens in many developed countries. The greatest problem of governments believing that they know it all (the king's new clothes syndrome) is that voters only understand 2 flavours and will generally not vote for independent candidates.

Of course this is related to the huge sums of money which pours in to bolster the vested interests of big business. Independents don't stand a chance and the voting public is plain too dumb to see what is going on let alone ignore the advertising propaganda which flows so freely during a campaign. Add to that apathy and you get the 2 party system which has crippled most western democracies. And it is getting worse.

There has to be a balance between free enterprise and government intervention. Whilst big government is undesirable the free market creates kingdoms where average people are little more than serfs doing the bidding of those who have money. We can already see this in the US with 90% of all wealth owned by 1% of the population. Many Americans live in abject poverty in the richest nation on the planet and the middle class is now being decimated as well. Such is the power of the greedy rich.

It is not about "Totalitarianism" Louis. It is about balance, fairness and equity. These are words the "free market" has little understanding of any even less tolerance for.

Commented 4235 days ago

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Beginning of the headline : G. Edward Griffin works tirelessly to dispel the notion that the Fed has been a failure. His latest effort was at the just-concluded Casey Research/Sprott Inc. investor summit on Navigating the Politicized Economy, where he told a packed hall that the Fed has been wildly successful at its true mission – to protect the banking system at all costs... Read More

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