Monday, September 2, 2013

Will the US government continue its "stripping and looting"?

America 3.0: The Coming Reinvention of America — The American Magazine: "Without some sort of major shock, external or self-inflicted, an unreformed America might drift on for quite a while — certainly another 25 or 30 years — without facing and tackling the fundamental problems facing it. The institutions of America 2.0 can survive a while longer by borrowing irresponsibly, defaulting silently on creditors through inflation, squeezing taxpayers with more thorough intrusion and coercion, confiscating the private savings of Americans in the guise of “rescuing” them, eating our seed corn by confiscating medical facilities and running them down without proper reinvestment, and in general stripping and looting the country."


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