The United States deluded itself into believing it could continue to remain a prosperous nation by filching its own seed corn. The banksters convinced them the same, with hokum Keynesian BS that enabled them to skim more and more of the transfer of seedcorn on its way to those indifferently consuming it.
There is only one endgame when you confuse eating your seedcorn with a bountiful crop created by hard work, forgone consumption and sacrifice. Both major parties are more enamored with power than reality, and they haven’t a dime’s worth of understanding of the difference between seedcorn (a nation’s stored wealth) and a bountiful harvest (actual wealth creation.) Even their dimwitted GDP measurement merely calculates how fast one consumes; it is completely indifferent to whether the economy consumes seedcorn or if it’s consuming a fraction of what it creates vs. saves to create more wealth.
Stupidly, few in the world can tell the difference between money and wealth, and so their wealth is rapidly filched through the expansion of money.
Henry Ford is quoted as once saying, “If the American public truly understood the nature of their banking, there would be a revolution overnight.” Enter union / government controlled eduction systems in the United States to assure they remain in the dark, putting in charge of the education the largest parasites at the seedcorn trough.
It will not be pretty.
Posted on November 5, 2010
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