Too bad I will send Max another letter connected to a Murray Rothbard book, The Case Against the Fed, which has a great page about Big Business and Big Intellectuals. Written in 1994, it needs to be read by all who think about voting.
Ed Gluck
235-0412
Dear Max,
On page 94 of Ron Paul's latest book, End The Fed, he contends, "...This depression will likely last and last. If the depression lasts a decade or more, its length cannot be blamed solely on Greenspan. That blame will be placed on the current Federal Reserve Board, Congress, the President, the Treasury, but above all on Keynesian economic policy, the same philosophy that gave us the Great Depression of the 1930's...." Dr. Paul is correct. The very wealthy mock the workers whose families once worked about forty hours per week but now work over 70 hours per week for a lower standard of living.
Hey, the World Is Flat! People are in a wage competition with starving folks around the world.
The earth is an oblate spheroid. The People have been fed a diet of lies. Paul mentions the reason we work twice as long for a lower standard of living. In August of 1971 the dollar was cut from its last connection with gold. Since then the Fed (Federal Reserve) has printed money (inflated the money supply) causing a rise in prices. It was doing this since 1913 but now it has no limits. Since 1970 the worker and saver have lost ground. The wealthy get their money first and the toilers (a word used by C.A. Lindbergh; Congressman, bank board member, and father of the famous pilot) blame unions, small entrepreneurs, and others for their troubles.
Fed Chair Bernanke has said the recession is about over. Why would he say this?
Bernanke said this because it will stop you from discovering the reason for the latest crisis and how to stop the stealing. The wealthy will drink their booze and mock you for believing the lies. So often has the Fed Chair been wrong, this lie will not hurt him in the least. Half of the college economic professors are paid by the Fed, and we see these paid liars or dupes printed in papers and on our television screens. They will be as wrong as often as the Fed.
We must believe the lies. Don't read the truth in Paul's End The Fed. The super rich need you for their entertainment and unlimited money supply.
In Liberty,
Ed Gluck
Terre Haute, IN
P.S.
That the super wealthy mock us is my assertion. The working hours and standard of living is my observation not Ron's. You can look up the working stats for yourself (the U.K. and U.S. work over 70 hours per week, France is limited to about 35 hrs per week per job) Hans Hoppe, a favorite economist of mine, notices the standard of living fall from the 1970s but blames it on divorce and behavior changes. Here is a quote of his:
A Quote by Hans-Hermann Hoppe on democracy, truth, justice, beauty, poliics, envy, and ignorance
What is true, just, and beautiful is not determined by popular vote. The masses everywhere are ignorant, short-sighted, motivated by envy, and easy to fool. Democratic politicians must appeal to these masses in order to be elected. Whoever is the best demagogue will win. Almost by necessity, then, democracy will lead to the perversion of truth, justice and beauty.
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