A Few Thoughts on the US Economy

As this economic crisis looms, we are hearing answers from everyone as to how to stave off recession but no one is looking at the root causes. We as a nation no longer embrace (beyond lip service) the historical values that made us the richest nation on earth.

As a nation we affirm the concept of economic liberty but in practice we are increasingly repackaging socialism on both the right and the left. A brief look at the Communist Manifesto follows...

10 Planks of the Communist Manifesto

1. Abolition of property in land and application of all rents of land to public purposes.

Public Domain Laws are being used more and more and with less and less rational justification. The National Park Service, the Bureau of Land Management and the National Forest Service all to differing degrees rent out logging rights, picnic rights, hiking rights, camping rights, hunting rights, etc. We even do this abroad by taking over other countries and building bases bigger than the vatican in them.

2. A heavy progressive or graduated income tax.

April 15th ring a bell.

3. Abolition of all right of inheritance.

While not yet done in full we do have the euphemistically named estate tax or "death tax" that seriously infringes on inheritance. Then the receiver of said inheritance is taxed on the "income."

4. Confiscation of the property of all emigrants and rebels.

Throughout modern history we have found enemies to do this to. Communists, Asians, Mexicans, Muslims etc.

5. Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.

Federal Reserve.

6. Centralization of the means of communication and transport in the hands of the State.

The FCC. Also, the Federal Gov't cuts highway funds to states who don't comply with their wishes thus regulating transport.

7. Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.

EPA.

8. Equal liability of all to labour. Establishment of industrial armies, especially for agriculture.

Farm subsidies.

9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country, by a more equable distribution of the population over the country.

Social welfare, corporate welfare, callous disregard for 9th and 10th Amendments.

10. Free education for all children in public schools.

Department of Education.