Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
S&P Stock Market Detailed Trend Forecast Into End 2024 - 25th Apr 24
US Presidential Election Year Equity Performance in the Presence of an Inverted Yield Curve- 25th Apr 24
Stock Market "Bullish Buzz" Reaches Highest Level in 53 Years - 25th Apr 24
Managing Your Public Image When Accused Of Allegations - 25th Apr 24
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Be Thankful If You Were Not Born in the United States

Politics / US Politics Nov 24, 2011 - 03:00 AM GMT

By: Jeff_Berwick

Politics

Best Financial Markets Analysis ArticleBeing born in America at anytime between 1623 and 1970 would have been quite a stroke of luck. You would have lived in one of the freest, most productive, and because of that, most prosperous regions on Earth. Luckily, America got its heavy socialism out of the way right from the get-go.


In 1621, the pilgrims who landed at Plymouth Rock, had initially imposed a form of managerial socialism. The concept, like it is today, was for no one to have private property rights and to donate the fruits of your labors into a pool with everyone else and to then distribute those labors by need. The experiment, like every other experiment in socialism, ended in nearly everyone starving to death.

Faced with starvation or changing, they saw the error of their ways and let everyone take possession of their own plots of land and enjoy the proceeds for themselves. According to Jeffrey Tucker, of Whiskey & Gunpowder, "This led to trade, honesty, hard work, and eventually bounty. This is why the crop yields of 1621 were catastrophic and the yields of 1623 were bountiful. The celebration of Thanksgiving really dates from a market produced bounty. (The entire story is related by Bradford himself.)"

What followed was truly something spectacular. This region, who had as its most cherished philosophy, freedom and liberty, went on to be the most amazing area on Earth. It attracted all the best from most other countries - mostly because those countries did not have the freedom, liberty and the subsequent prosperity of the US.

THE FALL OF AMERICA

Unfortunately, by 1913, America had fallen into a trap that has occurred so often throughout history. First, it forgot what made it so prosperous in the first place and, secondly, it forgot the warnings of its early founders about, "Peace, commerce, and honest friendship with all nations-entangling alliances with none."

And so, in 1913, with the advent of the Federal Reserve bank, the future for the US was set. It only took twenty years for this new system to bankrupt the US Government in 1933, resulting in the US Government confiscating gold from US citizens. Then, less than forty years later, the US Government was bankrupted again, this time resulting in any link to gold being removed from the US dollar in 1971.

The years of 1970 and 1971 should especially be remembered as terrible years... interestingly, all under the Nixon years, although not all of it was completely his fault. On April 22, 1970, the first Earth Day was founded... a despicable, anti-human idea that still haunts us to this day with the "global warming" scam. To see literally hundreds of shocking, genocidal quotes emanating from the environmental moment, check out this website: green-agenda.com. Here is just one, "Isn't the only hope for the planet that the industrialized civilizations collapse? Isn't it our responsiblity to bring that about?" - Maurice Strong, founder of the UN Environment Programme.

Then, on June 17, 1971, Richard Nixon launched the heinous "war on drugs" which, to date, has killed and incarcerated millions and spent over a trillion dollars in the process while making the world a much less free place. The triumvirate was fulfilled with gold backing being completely removed from the US dollar on August 15, 1971. Since then, the fate of the US has been written in stone. After 1970, we never refer to the US as "America" anymore... because it isn't.

It took nearly another forty years for the effects of all these events to destroy the viability of the US. And now, Americans, in many ways, are more indebted and enslaved than any other people in the history of the world.

THE MOST INDEBTED AND ENSLAVED PEOPLE IN HISTORY

The US Government, which under Generally Accepted Accounting Principles (GAAP), has $75 trillion in debts and liabilities, meaning that for each American, there is over $245,000 in federal government debt and liabilities. Or, nearly $1 million per family of four. And this does not take into account state, municipal and personal debt. By this measure, no other people in history has ever been more indebted.

And, with the Patriot Act and literally thousands of other acts, rules, regulations and laws, Americans also can make a case for being the most enslaved in human history. You could say North Koreans are more enslaved in that they are not allowed to leave their own country. But, at least once they escape their own country they will have the option and ability to open a financial account anywhere else in the world... unlike Americans, whose IRS and Government have made it so onerous for international brokerages and financial institutions to open an account for an American that most US citizens are persona-non-grata outside of their own borders.

Inside their borders, as Americans get tazed, pepper sprayed, beaten and caged on a regular basis, they are beginning to realize that the land of the free and home of the brave was a catchy jingle from centuries ago. It is now the land of the fee, home of the slave.

TRAPPED

Today, as the American government works to erect a wall and conducts unmanned drone flights on the border with Canada, many in the US are awakening to the fact that they are becoming trapped.

The US Government has even made it so all student debt is now completely inextinguishable in bankruptcy... meaning that for students who wasted 4-8 years of their life getting what is often a worthless piece of paper and six figures of debt, they will be enslaved for life and, as we are predicting at TDV, will be forced into the military to pay off their obligations.

GIVE THANKS IF YOU WERE NOT BORN IN THE US

In an erstwhile change of fortune, what was once the best place to be born, between 1623-1970 has now become one of the worst. Only those born in North Korea and Cuba, and a handful of other despotic regimes, can be said to be much worse off.

Take this Thanksgiving holiday to re-assess how and where you want to live. The US still allows international travel and does not have complete capital controls in place - although the ever-present "customs officials" hiding down every walkway to most international flights and cash sniffing dogs in many US airports now hints to the fact that the infrastructure is now in place to restrict capital.

Give thanks, this year, to free-market technologies such as the internet which allow many of us to live wherever we are best treated and to establish our finances and affairs in such a way so as to not be under direct assault by government at every twist and turn.

Take this opportunity to internationalize your IRA, move your financial assets into hard assets like gold and silver, and get a foreign passport. And, if possible, investigate expatriating to almost any other country in the world. Almost any other country, with a few exceptions, is sure to be freer and less indebted than the US at this point.

By looking to leave the US at this point you will be following in the footsteps of America's founders who fled countries in which they were heavily oppressed or enslaved or where there were no opportunities of creating a successful life. Take time this year to remember this spirit and remember what John Milton stated in 1666, "Our country is wherever we are well off".

Subscribe to TDV today (90 day moneyback guarantee) to access our Special Report on How to Own Gold as well as get complete access to our newsletter and portfolio selections.

The Dollar Vigilante is a free-market financial newsletter focused on covering all aspects of the ongoing financial collapse. The newsletter has news, information and analysis on investments for safety and for profit during the collapse including investments in gold, silver, energy and agriculture commodities and publicly traded stocks. As well, the newsletter covers other aspects including expatriation, both financially and physically and news and info on health, safety and other ways to survive the coming collapse of the US Dollar safely and comfortably. The Dollar Vigilante offers a free newsletter at DollarVigilante.com.

© 2011 Copyright Jeff Berwick - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

MJJP
24 Nov 11, 05:54
NON SENSE

The idea of socialism in the Pilgrims case can easily be attributed to their Christian heritage and bible teachings . Read ACTS 51. The story of Annanias is a classic tale of socialism.

At present the "sosialism" in Europe and to a lesser extent in the US is a modified one and the one in Europe has been shown to benefit the common man on the street far more than in the US with higher wages , benefits and a major needs assured. Your simplistic view of everyone on his own doesn't hold in reality. Take a football team and imagine what would happen if everyone did what he wanted. The same is true of the military which is one grand socialism example. Print my response and say you think the US military doesn't work.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in