Useful Idiots and the Something For Nothing Society
The greatest man made societal and economic collapse in history is unfolding before our eyes. This Journey to the collapse of the developed world's civilization and empire began over 100 years ago during the Presidency of Woodrow Wilson with his subversion/betrayal of the constitution of the United States and creation of a privately owned banking and currency monopoly called the Federal Reserve and the creation of the income tax to fund the beginning of the Confiscationism of the progressive socialism we see today. In exchange for a monopoly on money to multi century banking cartels which allowed the country to be run for the benefit of the banking systems. In exchange for unlimited funding for government. Private property rights began its road to demise at that time.
In Part I of this series we covered the transformation of the monetary system from sound reserve backed constitutionally mandated currency system to what now has become completely unsound Fiat currency and credit system. Money has changed from a system for storing wealth, purchasing power and ones labor for the future to a confiscation scheme run for the benefit of Banksters and socialist progressive government. Do not miss this as UNSOUND money and Reserveless banking is the master thread and foundation of all the chaos unfolding in the world today.
In PART II of this series we thoroughly covered how the ACCOUNTABLE LOCALLY controlled education systems have been highjacked and transformed into FEDERALLY CONTROLLED UNACCOUNTABLE public school MONOPOLIES designed to create sheeple and Useful Idiots ripe for exploitation. The Locally controlled school systems that created the most prosperous country in the history of man are now nothing more than PROGRESSIVE SOCIALIST indoctrination centers. Designed to mentally cripple the futures of our children and stunt their ability to create a prosperous wealth creating economy. It is now an insidious Potemkin educational system used to create morally and fiscally insolvent citizens, bereft of histories lessons, contemptuous of the thoughts and ideas which created our exceptional country and its burgeoning middle classes. Useful idiots are unable to produce more than they consume, live prudent and productive lives and DON'T have the BASIC knowledge needed to build a prosperous and independent life upon. Both previous parts of this series are critical foundations to this edition: DON'T MISS THEM. Now onto part III;
As Inflation has eaten our standards of living alive, and public school monopolies have created curriculums that spew out toxic waste and call them educated our society has become DIVIDED. Those that have a proper classical education versus those that don't. It is as simple as that. This next illustration by Pew research shows the PROGRESSION of the split between socialist, progressive democrats (the takers, educated to be socialists) separating ideologically from OLD school Conservative Republicans and independents (the makers, trained to be self-sufficient independent of government) as the school systems produce their USEFUL IDIOTS:
Look at the CHASM growing. Notice how as we move forward from 1979 the divide grows and grows. That is the propaganda expanding as successive generations enter and exit the public school systems building and EXPANDING constituencies of socialist KNOW NOTHINGS. I promise you will find big age disparities as well as the young skew socialist and the older generations and a few younger students learn more classical educations head into the conservative direction.
Today's students are now taught Government dependence is now an acceptable LIFESTYLE, not something to be avoided or shameful, that personal failure is not their fault. Therefore they believe they are the MIDDLE class and by showing up are entitled to the rewards that go to those that work hard, take care of themselves, live a prudent lifestyle, save, and serve others the most. That has been the recipe for personal success which has served the developed world so well. NOW NONE of these virtues is taught in today's schools, thus students no longer give these things ANY THOUGHT or work to achieve them unless taught so by their parents… Now after almost half a century since the Dept. of education was created legions of citizens are on one form or another of Government assistance, relies on it to supply or supplement their incomes which they can no longer earn due to general incompetence, inability to produce more than they consume or economic weakness caused by the economic policies of centrally controlled federal and state governments:
Look closely at the breathtaking climb of those on one form of the dole or another. They are sucking wealth out of the US economy rather than being wealth creators in the private sector. The President and his supporters in Congress have exploded government DEPENDENCY since supermajorities were elected on his coattails of "HOPE and CHANGE" in 2008. The social safety net system is and has been overwhelmed with responsibilities the government has chosen to PROVIDE. This is part of the plan of the president and his supporters to collapse the economy in a socialist dictatorship and it is called Cloward-Piven strategy. Look it up.
It has simply become a lifestyle choice for many people who choose to live on the fruits of others. Food stamps, welfare, Medicaid, Obamacare, section 8 housing to name a few. Recent studies put the benefits received by a family as high as $60,000 dollars a year. Why work as they are taught in school it is OK to be on the government dole. National bankruptcy looms as you will see in the next part of this series. Those charts are over 2 years old and the legions of DEADBEATS are much higher at this point. There is no shame connected with government dependence as children are taught it is the norm, not their fault and are entitled to it.
"There are 46 million Americans on food stamps. 44% of people in the US pay no federal income tax. Only 83 million people pay taxes, which means that each working person supports about three other people. I would like to meet the three I support. Perhaps they are very nice. But how long can this situation continue? Where is the tipping point?"- Bert Dohmen
What would we do if these people had to stand in old fashioned SOUP lines rather than receive a debit card in the mail box? Soup and benefit Lines would EXPOSE the shameful behavior and OUTRAGE of poor governance and the failure of personal character that this represents; instead it is hidden from the public by modern paperless money and electronic benefits of one sort or another.
“When the people find that they can vote themselves money, that will herald the end of the republic."- Benjamin Franklin
These people no longer work for a living they vote for it. The president calls them the MIDDLE CLASS! Tells them they are playing by the rules and should support him in robbing others to deliver on the falsehoods they were taught in PUBLIC schools. You can see them behind him at every photo op they create, clapping at his COMMON SENSE. They believe they are OWED a good living for supporting progressive government.
“Give a man a fish and you feed him for a day. Teach him how to fish and he’ll eat for a lifetime."
The PUBLIC schools QUIT teaching people how to fish and created people dependent on government for their futures. They know nothing else and have been taught that capitalism is the boogeyman and they are incapable of providing for themselves. They are AFRAID of being independent and self-reliant and look to the government to cradle them in its arms. In reality capitalism is the ticket to escape from their government masters.
"It is not an endlessly expanding list of rights —the "right" to an education; the "right" to health care; the "right" to food and housing. That is not freedom. That is dependency. Those are not rights. Those are the rations of slavery – hay and a barn for human cattle."- Alexis de Tocqueville
These people BELIEVE government is there to SUPPORT THEM rather than they supporting themselves. They believe the impossible dream that they can live at the expense of others rather than provide for themselves. They have not been taught the things they need to KNOW to support themselves! ON PURPOSE!
“No people will tamely surrender their Liberties, nor can any be easily subdued, when knowledge is diffused and Virtue is preserved. On the Contrary, when People are universally ignorant, and debauched in their Manners, they will sink under their own weight without the Aid of foreign Invaders.”- Samuel Adams
Once the public has been impoverished by DECADES of unsound money and their living standards slip away along with their ability to see, understand and solve problems. And they HAVE BEEN CRIPPLED by an educational system that DOES NOT TEACH. They become RIPE for MANIPULATION through economic desperation, misinformation and FEAR. They want security and believe government is the key and guarantors of it rather than the BARRIER and PURVEYOR of it. They have been taught this since birth, believe it, and vote for it as they know nothing else.
The Third element of a CREATING a Something for nothing Society and useful idiots is a MAIN STREAM media that reports misinformation as facts and BLACKS OUT or censors critical reports of public or private (crony capitalism and banksters) wrongdoing.
Throughout history powerful empires have held the media in their hands, the Politbureau of the former Soviet Union, Xinhua news of China, The ministry of information of Nazi Germany are just a few examples. In the US and Europe it is known as the MAIN STREAM MEDIA. Controlling the thoughts and minds of the public by elites is as old as man. The main stream media used to be quasi monopolies on information before the internet. These are very powerful tools to manipulate the unthinking part of the public. Look no further than modern day Russia whose economy is failing, living standards are declining and the public victimized by official cronies of the kremlin. They support Putin's expansionism and aggression by record margins of up to 80%. The Chinese are no different, nationalism in the face of the boogeyman they don't know. Chinese media is tightly controlled and censored to keep ideas and broader information for evaluation by the public OUT OF REACH. They manipulate the minds of the useful idiots presenting information in a manner that is favorable to them and omitting anything that is not. The minister for public information for Nazi Germany sums it up nicely:
“It is the absolute right of the State to supervise the formation of public opinion"- Joseph Goebbels, Minister for public information, Nazi Germany
In the United States the media has been tightly controlled since World War II, only the invention of the Internet has brought widely disseminated alternate (true) views to history and current events. Before that is was all officially approved VERSIONS of past and current events. Now investigative journalism is virtually extinct and bad news BLACKED out or not reported in any way. It is all politically sanitized by editors who do not agree with your need to know to better conduct your affairs or who to vote for. Government malfeasance is now only reported by accident whether you look at the national debt, politically correct economic reports, the hoax of climate change, the state of government finances, regulation, inflation, all are now politically correct reports rather than reflect the facts which may be inconvenient to the powers that be and cause them trouble in the next elections.
Recent reports of Facebook painting the reports going to users to manipulate their thoughts and impressions was greeted with great uproar. Those techniques have risen to an art form by the main stream media and practiced daily over the last half century.
“Whoever controls the media controls the mind.”- Jim Morrison
Most news now is slanted as a positive view of the future regardless of the facts, or FEAR to chase people into the safety of government arms. The main stream media is OWNED by the same elites which control the banks and government. Once a powerful barrier to misinformation and falsehoods it has now become the purveyors of it. And due to the poor quality of their educations the useful idiots cannot sift through it to SEPARATE the truth or lies.
Make a middle class into SERFS and slaves to government and banks in one form or another. Create desperation for growth and personal progress in their lives.
Standards of living are in free fall properly measured in purchasing power:
I defy anyone to show me a government statistic that is an accurate MEASURE of REALITY. GDP, Consumer prices, Unemployment, inflation, wages etc. ALL are POLITICALLY CORRECT and practically INCORRECT GARBAGE and compiled to do only ONE THING: HIDE the economic MISMANAGEMENT and FAILURES of CENTRAL PLANNERS in the DISTRICT of CORRUPTION also known as Washington D.C. Government Ministers of MISINFORMATION. And the main stream media present it as TRUTH.
Taxes and Fees have risen to confiscatory levels throughout the developed world!
Including, sales, and Vat taxes in Europe, fees, and other taxes on most activities humans do taxes range from 40 to 70% in Europe and the United States. With the people making median wages paying virtually nothing and the top 25% of income earners mostly all taxes collected. The more you produce the more that is confiscated for redistribution to the Useful idiots and Something for Nothing Society's. Robbing peter to pay Paul and collect his VOTE.
"When people who earn more than the average have their 'surplus,' or the greater part of it, seized from them in taxes, and when people who earn less than the average have the deficiency, or the greater part of it, turned over to them in hand-outs and doles, the production of all must sharply decline; for the energetic and able lose their incentive to produce more than the average and the slothful and unskilled lose their incentive to improve their condition."- Henry Hazlitt
UNSOUND money allowed government to COVER UP poor economic policies and to grow in excess of economic growth, while yoking the private sector as DEBT SLAVES to the banking systems!
“I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious."
- Thomas Jefferson
Based upon the debt to gdp chart above it now requires about $12 dollars of new debt to create one dollar's worth of GDP. The GDP is for one brief instant in time but the interest owed on it compounds against the borrowers aka taxpayers and our children. Why is this issue virtually unreported by the main stream media? This is how the bankers take the public's money with their powerful lending operations and transfers it to themselves. The banksters who printed it out of thin air and lent it to them. In REAL terms incomes are not up even 24%, they have declined almost 80% in purchasing power terms since 1971:
That is why the middle class is desperate for wage and income growth. Literally the public has become rats on a spinning wheel. Working, working, working and getting nowhere but poorer. Since they no longer know what money is and why it can't be printed out of thin air they accept their government and banking system torture in quiet desperation. Since 2000 the gap between real inflation and reported has become especially pernicious:
Most people also don't understand that inflation is an unseen TAX, and that it represents a theft of their labor and savings by the Federal Reserve and the governments and commercial banks its system SERVES. But it is felt by the PUBLIC when going to the grocery store, buying a car, paying for insurance, clothes for the kids. As you can see on a compounded basis, purchasing power of the money of the US has been murdered by printing press and runaway fractional reserve banking. The official MEASURES are poorly masked politically correct lies. Used by progressive Government, banksters and the Federal Reserve to eternally goose the economy thorough ultra-loose money and interest rate policies. Now let's look at the other side of the coin (expenses for major expenditures) as a result of unsound Money:
Are your incomes up these amounts since 1978? Do you think that people who FEEL the purchasing power of their money DISSOLVING might feel like a frog in slowly boiling water? Become more desperate for income progress in their lives. This is socialism and unsound money working on the public and useful idiots in particular. This is the RESULT of UNSOUND money losing its purchasing power; it is an illustration of living standards in FREE FALL since August 1971 (see part I of this series) when money WEALTH was confiscated and IOUs (money printed out of thin air) was substituted. This creates SERFS and DEBT slaves of the public at large and transferring the fruit of their labor to themselves. This is the face of Leviathan government, banksters, FAKE MONEY and CENTRALLY PLANNED socialism destroying capitalism. If competition was really allowed and pre 1971 semi sound money was still circulating these prices would not be running away to the upside. In addition the government is on the buy side and PRICE is no object if the money goes to crony capitalist enterprises and inflated union wages.
This is how government, crony capitalists and the banking system LOOT the PUBLIC at large of the CURRENT and FUTURE fruits of their labors. In the something-for-nothing society you can still have these things your fathers paid cash for, but to do so you must borrow the money from banks which PRINTED the MONEY out of thin air, who lend it to you at interest rates which cause the price YOU PAY to be MULTIPLES of what you borrowed through the magic of compounding. This is the picture of the public being yoked like an ox to the fractional reserve credit system and the transfer of wealth from you to them.
What a disaster for the citizens of the United States. This is the picture of the slow boil the public has been subjected to; notice how incomes and savings PEAKED shortly after Breton Woods II in 1971. This is when credit creation was substituted for wealth creation to create growth. Do you think these people are desperate for change, sound money and a return to a prosperous and growing economy and incomes? Those are the CHAINS of DEBT being placed around the citizens of the United States and the keys and beneficiaries to them are in the BANKING SYSTEM. All condoned under the auspices of Washington DC. Interest rates once called USURY are common today in credit card lending, pay day loans, and revolving credit of all kinds. Condoned by your representatives in government who get campaign contributions for not legislating predatory lending away. The banksters control them lock stock and barrel.
Author's Note: In my opinion the greatest manmade disaster and OPPORTUNITY in history is unfolding in every corner of the world. Are you diversified or operating with EYES WIDE SHUT? Are you prepared to turn it into opportunity by properly diversifying your portfolio? Adding absolute return investments which are designed with the potential to thrive (up and down markets) regardless of what unfolds economically or politically? This is what I do for investors; help them diversify into investments which are created to potentially thrive in the storm. For a personal consultation with me CLICK HERE!
In closing, we covered how the citizens of the developed world have been STRIPPED of their wealth through the destruction of the money they are paid and store their wealth in thinking it is money. They don't know what money is so they don't know why they can never get ahead. Told inflation is 1-2% when in reality it is near 10% a year. Their bank accounts have the same balances as before but it always buys LESS. It is the transfer of wealth from themselves to the government and banking systems which fleece them like the sheep they have become. As Keynes put it in part 1 of this series, debauch the currency debauches the society. Now over the last 40 years they have been turned into TAX and DEBT slaves as a result of this moral and fiscal bankruptcy of leviathan government and the banking systems. SLOW TORTURE! It has been a long process and fed to the public in little doses just as the proverbial frog in hot water as it heads to boiling. What was just an ever hot bath over the last three decades for the evolving something for nothing societies is now becoming BOILING water and social unrest can be expected to rise RAPIDLY as we enter the endgame of these MAN MADE policies. These broad societal and social trends are SET in STONE and can be expected to continue. They are unstoppable at this point. Anyone (politicians like Ronald Reagan, the tea party, etc.) trying to change the course of this societal suicide will be professionally or personally crucified by the powers that be and media that control our world. The useful idiots and something for nothing societies are their UNTHINKING mobs, ripe for manipulation. Only Mother Nature, god and the teachings of Charles Darwin can defeat them at this time. They have never failed to defeat this particular type of insanity in HISTORY. It collapses under its own weight as history repeats itself. This insanity will only be ended when an APOCRYPHAL crisis unfolds, overwhelms the elites and there is no alternative than common sense. Just as Deng Xiao Ping did when he discovered to get rich was glorious.
In the next final issue of Useful idiots and the Something for Nothing society will be covering the other aspects which add up to slowly unfolding societal and economic collapse and SUICIDE throughout the developed world today. Why its continuation is assured and all the elements not covered yet. This is Austrian economic analysis at its best. Don't miss it. Subscriptions are free CLICK HERE
Ty is a serial entrepreneur and strives to be the definition of a renaissance man. He is spearheading a number of projects and consulting to others. He is a longtime analyst of global macro and geopolitical economics through the Austrian Economic lens. Ty prides himself on his personal preparation for the markets as they unfold and his ability to take this information and build investments designed to thrive using applied Austrian economics.
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