NY Times' Op-Ed Columnist David Brooks' "The Paralysis Of The States" Describes The Abject Mismanagment Of America's State Governments
Editor's Notation: Regarding the following excerpts from N.Y. Times columnist, David Brooks, the fact is that if the Federal Reserve System was not allowed to manipulate our economy via its control of the money supply, the value of our currency would be worth far more than it is.
In fact, if the Federal Reserve had not used the Federal Reserve Act of 1913, as well as the later Gold Confiscation Act of 1933, in which to loot the United States Treasury of the American people's gold, America would still be on the gold standard.
Moreover, there would never have been any inflationary cycles, and one dollar's worth of gold in the present day would still be worth one dollar; instead of the roughly three cents that the Federal Reserve One Dollar Note is now worth, due to decades of inflation. Inflation that the Federal Reserve System has deliberately created through its intentional loosening of credit while flooding the market with cheap dollars. And more recently, tightening credit to the point of bringing the American people into another depression.
The types of economic manipulation which have resulted in the destruction of the value of American currency. And now the Federal Reserve is slated to loosen credit again, which will all but destroy what little value the Federal Reserve Note has left.
Furthermore, if the U.S. Dollar had remained stable (which it would have if Americans were still on the gold standard), our elected officials would not be forced to come up with the types of myopic solutions which inevitably always create more problems than they solve.
The American people's focus should be in forcing the U.S. Congress to abolish the Federal Reserve System, and in restoring monetary policy to the Congress and the U.S. Treasury, as the *U.S. Constitution calls for.
*Along with this watershed event, Americans must also elect a new Congress, free of the House of Rothschilds' puppet leadership.
Moreover, and as previously stated, the Federal Reserve System is an inherently corrupted organization which has been used by the House Of Rothschild to loot the U.S. Treasury of the American people's gold, while taking control of our economy and government through its creation of the fiat money which it passes off as Federal Reserve Notes.
Consider the following statement by Mayer Amschel Rothschild, in order to have a better understanding of how the Rothschilds' dynasty of evil thinks, and you will see their perverse dogma throughout the U.S. Federal Government and the Rothschilds' failed monetary policy.
"Give me control of a nation's money supply, and I care not who makes the laws."
This is not our government any longer and it has not been since the Rothschilds established the Federal Reserve Communist central bank in this country in 1914, as the direct result of the criminal passage of the Federal Reserve Act. Instead, this government, along with these politicians, have become little more than puppets of the House of Rothschild and its global counterfeiting/money laundering operations.
And at the expense of America's hard working and always under appreciated middle class. The backbone of America, and the force to be reckoned with that will eventually destroy the Federal Reserve System, as well as the House of Rothschild and its Zionist agenda for a one world government - open global dictatorship.
"The Paralysis of the States"
"In states across the country, elected leaders raise state employee salaries in the fat years and then are careful to placate the unions by raising future pension benefits in the lean ones. Even if cost-conscious leaders are elected, they find their hands tied by pension commitments and employee contracts.
Both sides are right. But what nobody seems to be asking is: Why are important projects now unaffordable? Decades ago, when the federal and state governments were much smaller, they had the means to undertake gigantic new projects, like the Interstate Highway System and the space program. But now, when governments are bigger, they don’t.
The answer is what Jonathan Rauch of the National Journal once called demo sclerosis. Over the past few decades, governments have become entwined in a series of arrangements that drain money from productive uses and direct it toward unproductive ones.
New Jersey can’t afford to build its tunnel, but benefits packages for the state’s employees are 41 percent more expensive than those offered by the average Fortune 500 company. These benefits costs are rising by 16 percent a year.
New York City has to strain to finance its schools but must support 10,000 former cops who have retired before age 50.
California can’t afford new water projects, but state cops often receive 90 percent of their salaries when they retire at 50.
The average corrections officer there makes $70,000 a year in base salary and $100,000 with overtime.States across the nation will be paralyzed for the rest of our lives because they face unfunded pension obligations that, if counted accurately, amount to $2 trillion — or $87,000 per plan participant.
All in all, governments can’t promote future prosperity because they are strangling on their own self-indulgence."
The above quotes were excerpted from the following New York Times article by op-ed columnist David Brooks:
<< Home