At The Root Of The World Financial Crisis

With the US stock market plunging, China's markets imploding, and the Euro zone in crisis is it possible to trace the origin of this fiscal chaos that has befallen the people of the world? Yes, and the answer is surprisingly simple while being simply disturbing. It is an old nemesis that refuses to go away because those pundits of this ideology are entrenched ideologues who are not worried about victimizing the masses, only they are completely unconcerned with how their agenda affects others. They are simply committed to their twisted goals. This enemy of free enterprise, personal freedom and liberty has been doing battle with the world economy and the nations of the globe for decades, yet propaganda has kept the beast alive. False narratives have captivated the minds of the weak and indoctrinated. What is this cancer that has metastasizes throughout the world destroying worldwide economies you ask?

The tools of the beast

Socialism, collectivism, Communism, these are the lies, the diseased mindset of the oppressors, that has rendered Europe, North America, and Asia in the grip of indebtedness and fiscal turmoil! How did this happen? How was the beast allowed to get out of control? Why would perfectly intelligent people refuse to see the coming tidal wave of another Great Depression wash over the nations without taking the appropriate  measures to remedy the situation before it got out of hand? Let us give the beast a name and it is Liberalism. Let us identify the tools within its arsenal and we shall name them Socialism. For this is the manner in which the elite of the world subdue sovereignty, freedom, and free markets and doom the people to labor under the weight of big government. More taxes, more regulations, more intrusiveness, lack of privacy, loss of basic human rights, yes this formula was worked well for centuries, first under feudal kingdoms, then under dictatorships and aristocracies. then came Karl Marx and his answer to the insanity by introducing more insanity that has evolved in terminology from the Communist Manifesto to the modern phrase called Progressivism. Just another word for Communism. Under the "Big Lie" of Saul Alinsky's "Rules For Radicals" people like Hillary Clinton, a woman born into a privileged existence would lead her Democratic sheep into the very model of government that would oppress them all the while with friendly smiles and casual gestures!

The beast

Let's get down to specifics. How did this cancer of all societies erode the markets and monetary systems of nations to the point of financial holocaust? When Europe decided to adopt the socialist manner of governance they propagated an entitlement mentality among their citizenry. They promoted big government dependence and they killed the sense of self reliance in people who now expected to be carried by the hand of the state from cradle to grave. This statism while convincing the people that a government generated utopia could solve all social problems was at the same time racking up huge debt, but that was okay as long as it bought votes and re-elected the same officials who continued to pander the "Big Lie". People like Saul Alinksy sought to level the playing field between the rich and the poor, between the middle class and the elite, by using confiscation in the form of taxes, over regulation, and expanded government bureaucracy. Alinsky saw no trouble at all with attaining his ultimate goal through deception, class warfare, propaganda, false narratives, and lawlessness wherever it could be implemented. In doing so a new form of ruthlessness covered the landscape like a dark cloud of lies.

The suffocating process

In Europe deficit spending by governments was hidden in the printing of fiat currency (paper money not backed by assets such as gold) just as America saw fit to do from the Great Depression on especially when President Nixon took the US off the gold standard in the early 1970's. In China a blundering Communist giant sought to erect an economic system to provide for its people without starting a revolution. So they used a brutal dictatorship under Mao, who chose to isolate his country from the contamination of dangerous ideas from the West. His cultural revolution cost millions their lives who did not like what they saw coming. In Russia, Stalin actually taught Hitler just what the iron fist of a Communist dictatorship could do in suppressing a rebellion of the people using mass executions and the threat of spying against one's neighbor as the very blunt instrument of paranoia as well as unprecedented domestic government surveillance was used to awesome effect. With a state controlled society and the people afraid to raise their voices in protest, a mockery of civilization rose up needing only technology from the West on occasion before slamming their sinister door of oppression shut again hence the term, "Iron Curtain".

Extracting the vital ingredient

Without free enterprise, individual liberty, and incentive both China and Russia suffered from a grievous lack of productivity. Yet, this stagnation spread to Europe on a lesser level as their individual nation states turned into "Nanny States" promising their supporters that they would take care of them their entire lives if only they gave up their wages and votes. State control of all aspects of personal and business life became the norm now in Europe without the seeming brutality that came with in Russia and China. Unfortunately, the effects of the cancer did not subside they merely took longer to kill the host.

The fiscal impact

With deficit spending to the tune of 4 1/2 trillion under the Bush administration in 7 years and 10 trillion and counting under the Obama White House, America's federal government outweighs the GNP of its entire private American industries at just over 14 trillion annually. The insane social policies of the Obama administration know no limits as 400 thousand illegal immigrants are allowed to attain illegal residency through anchor babies, more foreigners are allowed to cross our borders and even get released once detained, with reports of the State Department actively placing busloads of illegal immigrants in undisclosed locations across the US via DHS transportation. Those hostile to the American way of life are invited to come to the US and are shipped in via jet airliners paid for by the American taxpayer without papers, processing, or background checks. This ill advised policy is designed for 2 reasons. 1) To generate automatic Democratic Party voters so they can remain in power. 2) To provide a cheap labor force for the corporations sponsoring the Democrat leadership and the insane greed for profits that ensure this idiocy.

Final Word

The world economy has been intentionally and perhaps even accidentally destroyed by big liberal government using the tactics of Communism to subdue the ethic of self reliance and to create the illusion that big government can somehow cure all ills, but in reality it can't. As Ronald Reagan once said, "government is the problem not the solution." This truth he uttered as he lectured the fat, complacent, and apathetic American public  who had forgotten the sacrifices of their forefathers who had died to give future Americans the prosperity of their wisdom and foresight. The lessons of history so often lost come back to haunt us and then we must again suffer the pain of our arrogance and oversight. The fiscal stability of American markets now plunging on Wall Street and the stock market are only the extensions of what the Euro zone and Asian markets have already done to themselves allowing socialism to dictate the kind of government policy that has plagued financial markets and monetary systems as the propagandists continue to spew their lies such as one particular community organizer-Barack Hussein Obama.