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Peace at any cost is a prelude to war!
US Report Telling it like it is
Clinton's Fascist vision for America
By James Henry
The state of American education being what it is, the vast majority of people
are totally incapable of recognising a fascist economic program, even when it
is used to slap them in the face. This is because they have not been taught
that fascism means state direction of the economy, cradle to grave 'social
security', complete control of education, government intervention in every
nook and cranny of the economy — and the belief that the individual belongs
to the state. This was Clinton's State of the Union vision, which is why
those chowder-heads who call themselves journalists loved it. People cannot
grasp that fascism is socialism because they have not been taught to
distinguish between form and substance. They do not realise that once the
state controls everyone's property that property now belongs to the state
because control is ownership, no matter who possesses the deeds. In this
situation, might is right.
Clinton's audacious plan to confiscate the earning of Americans so that
politicians like himself and Hillary (the couple that helped empty the
Madison Guaranty in Arkansas) can use them to gradually socialise the economy
is a typical statist tactic and one to be expected from the Clintons. This is
no exaggeration. Just reflect for a moment on his proposal to save social
security by investing taxpayers' money in the stock market. By controlling a
company's shares the state would come to own the company. It would not even
have to control a majority of the shares. It would then dictate where the
company would invest, in what it would invest and where it would invest. This
is precisely how Mussolini and Hitler ran their economies. The term for this
is central planning.
But America is different, or so the likes of Dan Rather and Gerald Rivero
would claim. But does anyone imagine for a moment that the likes of Bill and
Hillary would hesitate to use that power? Does anyone think that the huge
bureaucratic machinery it would give birth to would not use the power? Also
business funding for free-market publications, organisations, foundations and
think tanks would quickly dry up. Under his scheme investment would become a
function of the state, just as it was in the late Soviet Union. Politicians
and bureaucrats playing at being entrepreneurs with trillions of dollars.
That such policies have always resulted in the destruction of liberty,
economic collapses and mass poverty would not faze the Friends of Bill Club,
particularly if they figured they would get slice of the action. One only has
to think of what the Clintons did to Arkansas. No wonder Greenspan is still
in a state of shock.
That Clinton has only contempt for the mass of Americans was made clear by
his arrogant statement that "We [I love the Royal We] could give [the
surpluses] all back to you and hope you spend it right . . . But if you don't
spend it right" Social Security are shortfalls are "just 14 years away." Let
us dissect this statement. Clinton is literally telling Americans they are
too dumb to know how to spend their own money. (I guess his poll results gave
him that idea). Americans are losing nearly 50 per cent of their incomes to
all levels of government, with Washington grabbing 21 per cent, the highest
in the nation's history. And it's going to get worse. And what are the
Clinton Democrats' solutions? Massive government intervention combined with
massive increases in government spending. No wonder personal savings have
collapsed.
How dare this lying hypocrite tell the American people they are too dumb to
save when his own profligate proposals would see trillions wasted on huge
government programs designed to buy a Senate acquittal and shore up the
support of the faithful. He claims Americans are irresponsible, yet his
programs would consume not only every penny of the surplus but would increase
federal spending by at least 20 percent, lead to another era of budget
deficits, large-scale government borrowings and massive tax increases. Now
politicians have a choice with surpluses: they can either spend them, which
then results in more deficits* unless spending is cut, or they can return the
money to its rightful owners. Democrats have once again shown which kind they
are.
This is what Adam Smith had to say about Clinton's arrogant proposals:
"It is the highest impertinence and presumption . . . in Kings and ministers
to pretend to watch over the economy of private people . . . Let them look
well after their own expense, and they may safely trust private people with
theirs. If their own extravagance does not ruin the state, that of their
subjects never will."
"The statesman, who should attempt to direct private people in what manner
they ought to employ their capitals, would not only load himself with a most
unnecessary attention, but assume an authority which could safely be trusted,
not only to no single person, but to no council or senate whatever, and which
would nowhere be so dangerous as in the hands of a man who had the folly and
presumption enough to fancy himself fit to exercise it."
*I have been asked why should this cause deficits to emerge. Because
politicians will invariably expand spending to exploit the surplus. Once the
surplus has been exhausted, the country is left with additional spending in
the form of a deficit, which will then be funded out of borrowings or the
printing press.
The New Australian
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