6 Impossible Things Before Breakfast
Alice laughed. “There’s no use trying,” she said. “One can’t believe impossible things.”
“I dare say you haven’t had much practice,” said the queen. “When I was your age, I always did it for half an hour a day. Why, sometimes I’ve believed as many as six impossible things before breakfast.” –Alice in Wonderland
We live in an age when the level of deceit and propaganda is at an all-time high. Joseph Goebbels, Vladimir Lenin, and others did their best to force-feed propaganda to the masses, but they were rank amateurs compared to the spin doctors employed by the political leaders of today. They’re masters at convincing people of impossible things.
Whenever I listen to Americans discuss their country, I find people that are eager for more news and information, yet most, without even knowing it, accept much of the dogma they’ve been fed on a daily basis by their government and the media, even if, to outsiders, the assumptions are preposterous. Only those who make a concerted, ongoing effort to see through the smokescreen seem to keep clear.
Myths, Misunderstandings and Outright lies about owning Gold. Are you at risk?
Here are six impossible things that many seem to have little trouble accepting as reality.
Yes, the country’s in a mess, but that’s because of opposition-party meddling. If the party I favour could get a majority, they’d sort things out.
This seems to have been a popular belief for decades. It’s believed by Democrats and Republicans alike. But, in 2001, the Republicans held both houses of Congress, plus the presidency, yet even then they failed to deliver on what they claimed were their party’s fundamental goals. Between 2009 and 2011, the Democrats controlled all three, yet they, too, failed to deliver. If the electorate were to step back and look at the history of who is in power vs. changes in policy, they’d find that the government’s central programme of welfare/warfare continues unabated, regardless of who controls the Congress and White House. The primary policies of the US are determined independently of who has been elected. As American writer Mark Twain stated correctly, “If voting made any difference they wouldn’t let us do it.”
We’re on the road to economic recovery. We just have to be patient.
The US is deeper in debt, by far, than any country ever has been in the history of the world. The level of debt is so great at present that it’s impossible to pay back. The reaction by the US government has been to increase that debt, pumping more heroin into the body of the addict. There’s no possibility for this to end well; all that can be achieved is to postpone the inevitable, thus ensuring that the final outcome will be even worse. The final tab will be picked up, not by the political class, but by the electorate.
I don’t like government bailing the banks out, but if they don’t, the system will collapse.
Bank failures have existed for as long as banks have existed. Under a laissez-faire system, a bank that’s behaved recklessly with lending, to the point that it becomes insolvent, collapses. Depositors are harmed and sometimes financially ruined. Often, there’s a brief economic downturn, but the culling of the bad bank actually strengthens the economy in the long run. However, in the last century, the major banks in the US have become so powerful with regard to government policy that they can now act recklessly, then be bailed out by the government, then act recklessly again. (Ultimately, this trend will result in a crash of epic proportions – an event that may come quite soon.)
There’s no problem raising the debt ceiling. All that’s necessary is to print more money to pay for it.
Unfortunately, it doesn’t work that way. Dramatic printing of currency generally leads to higher prices. Inflation robs people of their wealth. Hyperinflation can utterly destroy it. And, as regards foreign debt, trading partners don’t take kindly to having the debtors degrade their debt. At some point, they’re likely to sell back their debt into the debtor’s economy. It would only take a fraction of the US debt held by the rest of the world to be sold back into the US for the US economy to collapse.
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