Get PJ Media on your Apple

The Credit Downgrade: Symptom of the Marxist Disease

This bubonic plague of the last century killed tens of millions in the Soviet empire alone, but a young generation of Americans who know little about its destructive power decided to give it a new lease on life.

by
Ion Mihai Pacepa

Bio

August 12, 2011 - 12:03 am
Page 1 of 2  Next ->   View as Single Page

On August 5, 2011, the credit rate of the United States was downgraded for the first time in this country’s history. That was a shot across the bow warning that Marxism can damage even the almighty United States.

Native Americans say that if you really want to know someone, you have to walk a mile in his moccasins. I walked in Marxist shoes over many miles and for many years, and I am convinced that if the Democratic Party has its way, it will transform the United States into a socialist country in all but name. During the 2008 election campaign, its leaders loudly announced that they would drastically increase taxes on the American rich — American businesses and their owners — in order to finance programs for the poor. In other words, that they would start transforming capitalist America into a socialist state.

If there had been any doubt in my mind that the Democratic Party was following in the footsteps of Karl Marx, that doubt vanished when the Democrats began ferociously fighting against extending the Bush tax cuts for individuals making more than $200,000 per year. That is core Marxism at its fundamental best. In his Manifesto of the Communist Party, Marx urged his followers to “eradicate capitalism” and advocated ten “despotic inroads on the rights of property,” which became known as the Ten Planks of the Communist Manifesto. Among them were: a heavy progressive or graduated income tax, abolition of all rights of inheritance, and abolition of property.[1]

It is time to call a spade a spade — this is Marxism we are talking about, pure and simple.

This bubonic plague of the last century killed tens of millions in the Soviet empire alone, but a young generation of Americans who know little about its destructive power decided to give it a new lease on life. In November 2008 the Democratic Party won the White House and both chambers of the U.S. Congress, and soon after that the United States began being changed from a country belonging to “We the People” into one managed by a kind of Marxist nomenklatura with unchecked power.

This new American nomenklatura started running the country secretly, just as all Marxist nomenklaturas did. “We have to pass the bill so that you can find out what is in it,” the leader of the nomenkatura in the U.S. House of Representatives, Nancy Pelosi, once told the media. That was a first in U.S. history. It did not take long before this American nomenklatura took control of home mortgages, banks, auto-makers, and most of the health care industry. When tens of thousands of Americans objected to the cloak of secrecy under which all this was taking place, the same Nancy Pelosi called them Nazis. That was exactly what all post-WWII Marxist nomenklaturas called their opponents.

On Feb. 7, 2009, the cover of Newsweek magazine proclaimed: “We Are All Socialists Now.”[2] That was also what Romania’s Marxist newspaper Scînteia proclaimed when the kingdom of Romania was changed into a “Popular Republic.” The U.S. nomenklatura  has produced the same results as Romania’s nomenklatura had — on a U.S. scale. Over fourteen million Americans are currently out of work, and 41.8 million people are on government food stamps. The national debt is at an unprecedented $13 trillion, and it is projected to reach $18 trillion by 2019.

Click here to view the 39 legacy comments

Comments are closed.