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Ed Driscoll

The EU Crosses the Rubicon; How Far Behind Is the US?

March 18th, 2013 - 8:00 am

“Isn’t it a strange thing that in every period of social unrest men have the notion that they can pass a law and suspend the operation of economic law?”

— Calvin Coolidge, as quoted in Amity Shlaes’ new biography.

If you ever wanted to destroy America from within, Dr. Ben Carson has assembled a handy four-point plan to accomplish just that, which he discussed at CPAC this past weekend:

Dr. Ben Carson’s address to CPAC 2013 included his thoughts about how, if he were an enemy of America, he would set about destroying her.  His plan had four points:

1. Create division among the people.

2. Encourage a culture of ridicule for basic moral principles.

3. Undermine the nation’s financial stability with crushing government debt.

4. Weaken the morale and funding of the military.

“It appears, coincidentally, that those are the very things happening right now,” Carson noted ruefully, although he went on to say it would be a mistake to pin this entirely on Barack Obama, or any other individual.

Immediately after the 2012 election, a number of conservatives decided it was time to essentially “Let It Burn,” as Ace would say. You want to go full Cloward-Piven? Be careful what you wish for, lefties. In a November 15th post, blogger Nice Deb rounded up the tenor of the immediate post-election attitude on the right.

Of course, if you ignore the mounting debt and declining opportunities, life in the midst of a socialist nation winding down* or even one tearing itself apart can be exceedingly agreeable from certain vantage points, until the Reich hits the fan. As Mark Steyn wrote in 2011’s After America: Get Ready for Armageddon, “In some ways, the most pleasant place to live is a colossus in gradual decline”:

Great powers aren’t Sudan or the Congo, where you’re sliding from the Dump category to the Even Crummier Dump category. Genteel decline from the heights can be eminently civilized, especially to those of a leftish bent. Francophile Americans passing through bucolic Provençal villages with their charmingly state-regulated charcuteries and gnarled old peasants wholly subsidized by the European Union’s Common Agricultural Policy can be forgiven for wondering if global hegemony is all it’s cracked up to be. Okay, the empire busted up, but the capital still has magnificent architecture, handsome palaces, treasure houses of great art, a world-class orchestra, fabulous restaurants, stylish women…. You still have the opera house, but it’s easier to get a parking space. Who wouldn’t enjoy such “decline”? To be sure, everything new—or, anyway, everything new that works—is invented and made elsewhere. But still: you benefit from all the cultural inheritance of greatness without being troubled by any of its tedious responsibilities. Much of Europe feels like that: a sidewalk café, chestnuts in blossom, have another coffee and a pastry, and watch the world go by. Life is good, work is undemanding, vacation’s coming up, war has been abolished. Somewhere beyond the horizon is a seething Muslim ghetto of 50 percent youth unemployment, whence the men swagger forth at sundown to torch the Renaults and Citroëns of the infidels. But not in your arrondissement. And not even on the Friday afternoon drive to your country place. What’s to worry about?

Heh, indeed. Much more after the page break.

Comments are closed.

Top Rated Comments   
It will probably come in through the back door. The excuse will be that due to the extreme volatility of private investments a certain percentage of IRA investments must consist of government bonds which Uncle Sam will be glad to sell us. They'll replace real assets with their IOU's just like they've done to Social Security. Then they can say that they haven't taken anything--they've just done us all a favor.

That's my guess.
1 year ago
1 year ago Link To Comment
This is nothing new here - The Fed has been busy for many years now stealing our money - and in plain sight - its called qualitative easing - or as I like to call it - easing my money into their pockets.

A can of beans went up another $.06 last month - but I'm assured by the Federal Government that it wasn't inflation...

RIIIGHT! How stupid do they think we are?

Why the hell is it that the low information voters can't understand these simple concepts?
1 year ago
1 year ago Link To Comment
As we lurch further and further to the left, we find out that there's no such thing as a free lurch.
1 year ago
1 year ago Link To Comment
All Comments   (20)
All Comments   (20)
Sort: Newest Oldest Top Rated
“The final stage is marked by the forced exchange
of privately held securities for government issued
bonds.”
Paraphrase from Heinlein’s “Future History” Chart,
which has turned out to be scarily accurate…
1 year ago
1 year ago Link To Comment
Italy is already jumping on the bandwagon, calling for a 15% "tax" (THEFT) from all bank accounts.
The article is on the MarketDailyNews website, referencing an article on the German Handelsblatt website (which can be translated w/ Google).

Quote: Joerg Kraemer, chief economist of the German Commerzbank, has called for private savings accounts in Italy to be similarly plundered. “A tax rate of 15 percent on financial assets would probably be enough to push the Italian government debt to below the critical level of 100 percent of gross domestic product,” he told Handelsblatt.
1 year ago
1 year ago Link To Comment
"Of course, if you ignore the mounting debt and declining opportunities, life in the midst of a socialist nation winding down* or even one tearing itself apart can be exceedingly agreeable from certain vantage points, until the Reich hits the fan."

And so it was in the late Roman Empire in northern Italy. But then came the Goths and the Vandals and after them the Huns and finally the Lombards. Out of the ruins emerged the Venetian Republic but it took a long, long time.
1 year ago
1 year ago Link To Comment
Back in the 50s my parents bought an Encyclopedia. It illustrated the Sack
of Rome with a painting of a Roman Matron and her teenager daughter seeking sanctuary in the Temple of Vesta, menaced by a Vandal standing
in the doorway, sword drawn.

Nowadays the youngsters would have to Google the term 'Encyclopedia',
and would respond to a video update of the painting by saying 'Pass the Popcorn !'
1 year ago
1 year ago Link To Comment
looks like the mayans weren't wrong so much as misunderstood. we are spirraling down into the abyss, according to plan and right on schedule. don't feel sorry for the people in the e.u. they were almost 100% bonkers over our affirmative action african usurper. remember?

btw, people had better make up their minds now as to whether they will fight or not. when you don't stand up with the best of us and help defend our families and our country from these obvious despots, what kind of treatment will you expect from these real patriots when what is left of the scum try to flee for safer shores where they have stashed billion$? and do you really believe there won't be fighting when it all comes crashing down? if so, you haven't been reading the internet much of late.

as a side bar, the banghazi emails from hitlery have been hacked. yet, nowhere (yet) can you read what they say. total censorship is here. yes, i believe there will be payment demanded when the truth comes out. kypd
1 year ago
1 year ago Link To Comment
I don't know what you people are smiling about. Not only can it happened here. It has happened here.

In 1933, Saint Roosevelt confiscated gold coins and bullion of American citizens. In return they were given $20.33 of paper money for each ounce of gold.

If they wanted to buy gold after that (which was illegal) they would have to pay $35 for each ounce of gold. Nice markup huh?

Holders of billions of dollars of US bonds that promised 49.19 oz of pure gold per $1000 of face value received paper money instead. Which somebody (foreign banks) could use 35 of to buy an ounce of gold. So the bonds were transmuted from the right to receive gold coins to a possibility of buying 28.6 oz of gold, if you were a foreigner. A 40% haircut.

10% seems downright civilized by way of contrast.

Surely, you say, the American people would not put up with such a theft. And certainly, the Supreme Court would find it it unconstitutional. Think again, white man. The people were as meek as little lambs. And Scotus swallowed it and said is there any thing else I can do for you sir?

Of course the Democrat peg boys who teach our children claim that this outrage was a an act of far sighted statesmanship.

No it wasn't. It was theft pure and simple, and that crime is the corrupt foundation of the Peoples Democratic Republic of the United States.

http://www.youtube.com/watch?v=svdrAHn_LGo
1 year ago
1 year ago Link To Comment
It will probably come in through the back door. The excuse will be that due to the extreme volatility of private investments a certain percentage of IRA investments must consist of government bonds which Uncle Sam will be glad to sell us. They'll replace real assets with their IOU's just like they've done to Social Security. Then they can say that they haven't taken anything--they've just done us all a favor.

That's my guess.
1 year ago
1 year ago Link To Comment
Never put your money in one place or in a single currency. Find stable currencies to convert some of your dollars into. Also, buy some Bitcoins as well. Make sure you know how to secure them though.
1 year ago
1 year ago Link To Comment
This is nothing new here - The Fed has been busy for many years now stealing our money - and in plain sight - its called qualitative easing - or as I like to call it - easing my money into their pockets.

A can of beans went up another $.06 last month - but I'm assured by the Federal Government that it wasn't inflation...

RIIIGHT! How stupid do they think we are?

Why the hell is it that the low information voters can't understand these simple concepts?
1 year ago
1 year ago Link To Comment
Now if I could just figure out how to diversify my 401(k) to an off-shore account, I'd be happier...
1 year ago
1 year ago Link To Comment
Because "low information voter" is a euphemism for "genetically inferior stupid voter". They are really stupid, they lack brainpower to understand what inflation is. But alas, they are allowed to vote.

Better to convert a large portion of your cash into ammunition. If the unelected bureaucrats want to confiscate your wealth, then give it to them... bullets first.
1 year ago
1 year ago Link To Comment
How is it that those on all of the welfares are more stupid than those who saved so hard only to end up with nothing? Same difference.
1 year ago
1 year ago Link To Comment
I call this the 7.62 x 51mm NATO retirement plan where the retiree generously gives up his hard earned savings to the tyrants... at 2650 feet per second. The alternative is the 5.56 x 45mm NATO retirement plan.
1 year ago
1 year ago Link To Comment
I would prefer a choice between paying taxes owed on my retirement plans and giving back my future social security benefits.

My broker believes that going after retirement plans would start the shooting. Given what I see here and what my millineal relatives are saying, I don't believe people will fight...
1 year ago
1 year ago Link To Comment
As we lurch further and further to the left, we find out that there's no such thing as a free lurch.
1 year ago
1 year ago Link To Comment
Heh.
1 year ago
1 year ago Link To Comment
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