Power Corrupts: Never Mind Democracy

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There are those attracted to less government and there are those attracted to big government. Fortunately, the fathers of the United States Constitution believed in limited government and maximum individual liberty.

The people who want big government are always ready to seize power. And they have been solidly in power in the U.S. since the establishment of the Federal Reserve monetary system in 1913.

Plainly stated, an elite group rules, no matter which political party appears to be in power. The elite always have a monetary system of debasing the currency. They do this to transfer wealth from the workers and producers to themselves.

Everything is gradual at first. Toward the end, the rot sets in and cultural collapse becomes obvious.

The men in political power, under any party name, keep themselves and their buddies in power to keep mass corruption covered up. The same bureaucrats are always in charge so as to keep a tight lid on in order to prevent exposure.

To power seekers, the most attractive government is some form of collectivism. It can be any name, but it must be collectivism. Collectivism is ideal for government expansion at the expense of the people. Collectivism attracts hard-wired psychopaths who use the system for cronyism and their aggrandizement. They care not one whit about constitutional government and the rule of law. They only care about a political facade to hide their chicanery.

America is in the final stages of a very complete meltdown. The U.S. has 12 times the number of people in prison as the rest of the world combined. We are in the midst of moral collapse. It is every man for himself. The political system is bribery, corruption and lies.

William K. Black, author of the book, The Best Way to Rob a Bank is to Own One, exposed the Ponzi mentality that has developed in the U.S. financial industry.

Black has exposed big banker crime that caused the 2008 real estate crash. He stated that as early as 1994, the FBI said that fraud in mortgage banking would cause a collapse. So the conclusion is that the unbelievable huge bonuses paid out by the private banks were derived from fraud and financial crime that crashed the U.S. economy.

Another blatant crime against the American people is the Obama healthcare bill — or Obamacare — that is simply for the purpose of transferring wealth to the pharmaceuticals and the insurance companies. This is going on in the midst of a collapsed economy and an economic depression.

People wonder why our Congressmen and Senators would do this to us. The answer is quite simple. Has it ever occurred to Americans that the people whom they think are their elected representatives are actually, in fact, government employees? They owe everything to the government and they sell their souls to government. They thumbed their noses at the American people by passing the so-called healthcare bill. Hypocrisy has never had an equal.

The so-called healthcare bill will provide seniors far less care, and the healthcare and Social Security that they do receive will be “means tested.” That is to say that benefits to the “wealthy” (and they determine who is wealthy) will be taxed.

Put Your Trust in Governments!
A lot of people live by Treasury Bills and Treasury Bonds as “full faith” instruments. They are called government debt.

You know that the word “debt” implies payment. Come now, can there be a real debt issued in fiat money with “interest” also in fiat? This is Ponzi promoted as debt. All so-called sovereign debt of all countries is nothing more than created fiat or printing press money.

Even though governments print their own money, they still default. The question is, do governments ever intend to pay? The answer is No!

Here is a list of so-called sovereign defaults from 1981 to 2003. These are only the acknowledged defaults researched by Eduardo Borens and Ugo Panizza: Zambia, Yugoslavia, Uruguay, Sierra Leone, Philippines, Panama, Niger, Mozambique, Morocco, Costa Rica, Chile, Brazil, Guinea-Bissau, Cote d’Ivoire, Congo, Central African Republic, Burkina Faso, Turkey, Togo, Nigeria, Mexico, Haiti, Guyana, Ecuador, Dominican Republic, Cuba, Argentina, Malawi, Senegal, Romania, Poland, Jamaica, Honduras, Madagascar, Cape Verde, Jamaica, Paraguay, Bolivia, Guinea, Gambia, Gabon, Yemen, Vietnam, South Africa, Cameroon, Angola, Tanzania, Peru, Sao Tome & Principe, Iraq, Ghana, Liberia, Russia/USSR, Albania, Ethiopia, Algeria, Bulgaria, Jordan, Guatemala, Kenya, Slovenia, Serbia & Montenegro, Macedonia, Croatia, Bosnia & Herzegovina, Antigua & Barbados, Myanmar, Indonesia, Moldova, Pakistan, Ukraine, Dominica, Zimbabwe and Seycheles.

Just imagine how many more countries have defaulted since 2003. America is well on her way.

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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