Why do cycles work? Because indeed history repeats since the
passions of man never change regardless of the centuries. The majority
are always wrong for like Marx, they ignore HOW things function and prefer to believe only WHAT
pleases their expectations. It is not that someone need be clairvoyant,
all they need do is read history for it is both the script for how to
create and destroy civilization, as well as the solution if we dare to
truly learn HOW things function instead of merely pleasing our
expectations.
Aristotle said “Now the corruptions attending each of these governments are these; a kingdom may degenerate into a tyranny, an aristocracy into an oligarchy, and a state into a democracy. Now a tyranny is a monarchy where the good of one man only is the object of government, an oligarchy considers only the rich, and a democracy only the poor; but neither of them have a common good in view.” (CHAPTER VII, A TREATISE ON GOVERNMENT; http://armstrongeconomics.com/library/books/a-treatise-on-government-aristotle/).
Without foreseeing Marx, Aristotle understood that “democracy” can also be very dangerous for it can degenerate precisely into what Obama is doing right now where the majority suppress the minority when they discover they can merely vote themselves the assets of the minority. There can be no equal justice for all, honor, dignity, or beacon of light to guide the world as long as there is any class warfare and oppression of the minority by the majority that is merely slavery in another form. Thomas Jefferson also warned: “A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.” This is why the glue of civilization is the rule of law. Without rights being established, then you defeat the very purpose of coming together to form any society. Why should anyone stay where he is oppressed? Jefferson also warned that “It is more dangerous that even a guilty person should be punished without the forms of law than that he should escape.”
The United States has used 911 to unleash tyranny in the classic sense. James Madison warned: “If tyranny and oppression come to this land it will be in the guise of fighting a foreign enemy.” Hence Jefferson explained: “When the people fear the government there is tyranny, when the government fears the people there is liberty.” Government is paranoid for it looks out to the world. It saw the Arab youth use Twitter to organize a revolution and within 6 months Congress introduced the kill switch to shut down the internet in case of a cyber-attack. We have cyber-attacks going on right now. So? Government lives in fear for it knows it has lost control. It is destroying all freedom to cling to its last hopes of survival just as a Goldbugs refuse to accept that gold is a market that rises and falls. As long as government remains desperate in its quest to retain power refusing to reform, there will be no rule of law, no security, and not future but uncertainty. Thank you Obama for destroying our civilization following the same path as every tyrant before you. Tyrants are those who are concerned only about their self-interests. Great Statesmen, care about their country.
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Aristotle said “Now the corruptions attending each of these governments are these; a kingdom may degenerate into a tyranny, an aristocracy into an oligarchy, and a state into a democracy. Now a tyranny is a monarchy where the good of one man only is the object of government, an oligarchy considers only the rich, and a democracy only the poor; but neither of them have a common good in view.” (CHAPTER VII, A TREATISE ON GOVERNMENT; http://armstrongeconomics.com/library/books/a-treatise-on-government-aristotle/).
Without foreseeing Marx, Aristotle understood that “democracy” can also be very dangerous for it can degenerate precisely into what Obama is doing right now where the majority suppress the minority when they discover they can merely vote themselves the assets of the minority. There can be no equal justice for all, honor, dignity, or beacon of light to guide the world as long as there is any class warfare and oppression of the minority by the majority that is merely slavery in another form. Thomas Jefferson also warned: “A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.” This is why the glue of civilization is the rule of law. Without rights being established, then you defeat the very purpose of coming together to form any society. Why should anyone stay where he is oppressed? Jefferson also warned that “It is more dangerous that even a guilty person should be punished without the forms of law than that he should escape.”
The United States has used 911 to unleash tyranny in the classic sense. James Madison warned: “If tyranny and oppression come to this land it will be in the guise of fighting a foreign enemy.” Hence Jefferson explained: “When the people fear the government there is tyranny, when the government fears the people there is liberty.” Government is paranoid for it looks out to the world. It saw the Arab youth use Twitter to organize a revolution and within 6 months Congress introduced the kill switch to shut down the internet in case of a cyber-attack. We have cyber-attacks going on right now. So? Government lives in fear for it knows it has lost control. It is destroying all freedom to cling to its last hopes of survival just as a Goldbugs refuse to accept that gold is a market that rises and falls. As long as government remains desperate in its quest to retain power refusing to reform, there will be no rule of law, no security, and not future but uncertainty. Thank you Obama for destroying our civilization following the same path as every tyrant before you. Tyrants are those who are concerned only about their self-interests. Great Statesmen, care about their country.
Our county sits at over 16 trillion dollars in debt, with unfunded
obligations that make the actual debt number about $120 trillion. The
reality of the situation is there’s really no way out of the situation.
Our government, thanks to both political parties, has spent us into a
hole that we cannot dig ourselves out of. The facts, that nobody seems
to want to talk about, indicate our country is still heading towards a
complete meltdown of the financial system.
With gold rebounding today after Marc Faber told King World News
yesterday that a major bottom was forming in gold, we now focus on
Faber’s comments on global money printing and how it is impacting key
markets and society. Faber, who is author of the Gloom Boom and Doom
Report, stated, “… it’s a disgrace to think with money printing you can
solve problems.”
Across the universe of hedge funds that Goldman Sachs covers, the net long exposure to the market reached a record-breaking 52% in Q4 2012 – the most bullish level on record. It would appear,