I am going to pretend for a moment that we actually have a choice in our elections, and that our economy is not controlled by a 1000 year old monarchy. I am going to pretend that the central banking system known as the Federal Reserve is not financing both sides of the elections in this two party system for a minute.
My question is what will the next election look like for capitalism or socialism? Are we heading for more socialism as we have saw increase in the last 50+ years? We seem to keep getting more and more socialism, slowly, sort of like how you cook a frog as it is described, turning the heat up slowly so the frog doesn’t hop out.
From 1913 really, we have saw our local funds go to a centralized source via the Federal Reserve Act and the Income Tax Act. But what fruits have we saw this centralization produce, and do we want more of these fruits?
We can talk about inflation, which is not a tricky subject. This is very simple. Since the Federal Reserve took over our currency, and since the dollar moved away from being redeemable in precious metals, inflation has came from the devaluation of our currency. The more currency they print, the less the dollar is worth. When the dollar is worth less, things cost more. To quote Ron Paul “inflation is a tax itself”.
There are a few places you can research this that I would recommend.
This is a good and short educational video on Youtube to explain inflation;
Inflation really hurts the poor. For example with gas prices. When Obama got into office, gas prices were around $2 per gallon, and now gas prices are over $4 per gallon. $4 is a lot of money to many people. So inflation hurts.
When the government spends more money, the value of the money that we have is worth less.
So it would be crazy to think that the government spending money on things like healthcare, or wars, or whatever is going to help anyone. Even if you are getting a “free Obama phone” or free healthcare, or a free ____you fill in the blank___, it doesn’t really help you, or your children, or their children in the long run. Because even though you are getting something for “free”, the price of everything else goes up. Things that are important, like energy and food. We may think a dozen free cells phones are a necessary or an important thing, but that offsets the price of other critical commodities by more because our dollar is worth less and less the more the government spends.
I have continuously said that I am ok with socialism as long as it is voluntary. If people like George Soros, or Bill Gates, or Warren Buffet, or even a smaller income producers like Jared Allway, or Russ Belville who want to contribute voluntarily to a government healthcare insurance program, and if they elect to use the government insurance option. That is fine in my opinion. And they could even choose to pay more. Like Warren Buffet was recently complaining about how he pays less taxes than his secretary. Well they could be allowed to pay as much as they want above and beyond the standard cost for these programs.
But like the Amish with Social Security, people who did not want to use the government insurance program, could elect to opt out. They would agree to not get the benefits, however they would not be forced (by means of violence, kidnapping and imprisonment) to pay for a program that they didn’t believe in.
If this was the model, then we could hold the government accountable if they were wasting our money, or borrowing from a fund without our consent. If the government did ______, and the subscribers of the program went to a different program instead, then it may make the government reanalyze their actions in running the insurance that they are providing.
But with most government managed programs, there is no choice. We simply have to accept it, or go to jail for not paying. They can borrow trillions of dollars from social programs to fund wars or any number of things, and we just have to accept it.
But with private companies (so long as the government hasn’t created regulations that make certain companies a monopoly or an oligopoly), if a person is unsatisfied with the service, they can simply cancel their policy and move to another company. That keeps the rates, and the service in check. If one company is not providing a good service, and another company comes in and provides a better service and the first company starts losing business. Then to compete the company that was offering poor service, has incentive to offer better service (which is to get their customers back).
There is no accountability in government, or very little anyway. Especially when they mandate this or mandate that. If the government forces us to pay for an insurance plan, or else. Then there is not free market incentives for the government to offer a better service, or to handle our money better.
Just like with the Department of Education, since 1980 when the Department of Education was introduced, our standards of education has significantly dropped compared to the world. We have significantly dropped in all most all subjects of education. See more here; http://www.cato.org/publications/commentary/no-federal-failure-left-behind
My advice is to compare how the USA ranked before Socialism and Crony Capitalism was introduced, to now.
The USA was doing much better, and was top in the world for having the largest middle class, the least income disparity, the best healthcare services, the most available healthcare services, the least poverty, etc.. The USA has NEVER been perfect, nor do I think we ever could be. But I know for a fact that the USA did much better without all of the socialism and crony capitalism.
A solution that I believe in, is to keep our money local and stop sending it to the Federal government. It has worked well for us in the past. So I insist on ending the Federal Reserve Act, and the Income Tax Act (both the 1913 version and the 1961 version).
It would take an Act of Congress, but the Campaign For Liberty has had many proposals for this, and it CAN be done!
Think about this in the next election!