Dissecting the Illusion: From the Economists Viewpoint
I was watching Austrian School Pedro Schwartz duke’en it out with Keynesian Paul Krugman at a recent conference in Europe recently, on a video feed.
Unbelievable… only economists, right (rhetorically)?
Schwartz says the key issue to a proper economic recovery and operation is based upon demand, while Krugman claims it is supply. And while Schwartz is only less wrong than Krugman, they both miss the point of the worlds current economic straits. The world’s current economic crisis is the reflection of a global system of rule by wealth, where immunity from law has accelerated into the criminal behavior of fraud and theft in order to sustain a dwindling feast for our ruling elite, which is the only product of their parasitic and evaporating rein.
In other-words, it’s a crooked game controlled by crooks who have devoured the seed corn, for now they sow only famine with a system that has reached its limits. It is a political model that is called many names, but they all spell tyranny, and tyranny is theft by special interest over a nation.
The key is to remove those key powers that operate a nation not only from these unprincipled men of wealth and influence, but from all men.
Schwartz and Krugman argue a point made mute by the fact that neither supply nor demand can survive in the world’s current economic swindle. And they are not alone.
There is the great Roubini, Dr. Doom, who correctly states that further financial easing by the Federal Reserve Bank is not only useless, but dangerous. He then goes on to suggest we sit still, wait for the pieces to fall, gather them up and take them home to build a new world. But with what tools?
The true answer is that economists exist only to explain and argue over their illusion, and by doing so give it greater weight when the truth should be obvious to all. Economists become the conscious, and sometimes the pit boss of what has become a casino, but they never admit to being in the gaming industry and they all think it’s legit.
Still, the only answer is to RESET the mechanization of governmental powers, their procedure, and execution, exclusively back into the Public Forum, thereby destroying the means of “unprincipled men” to accessing the powers of Congress by super-legal means.
Amazing to many people, this isn’t that hard to accomplish. Because it simply involves RESETTING Article I, sec 8 & 9 back into the power/duty of Congress, which sets forth the powers of operating the Nations business to the Congress. The problem is that those assigned powers of Congress have been outsourced and “usurped” to the control of private corporations, the executive branch, and international agencies. And according to George Washington,“this is the common weapon by which free governments are destroyed.”
Until this defect in the operation of our Constitution is RESET, Schwartz, Krugman, Roubini, and their economic brethren can pine upon their illusion, and people will listen, and even try to study and make sense of their illusion.
But America is going nowhere to backwards until this problem is fixed.Serfs Up America!