It's official. The Catholic Knight is retired.  I'm hanging up the helmet and passing the torch. There will be no more articles, no more commentaries, no more calls to action. THIS BLOG IS CLOSED. I've spent a very long time thinking about this, I believe the time has come, and is a bit overdue.  I want to thank my readers for everything, but most especially for your encouragement and your willingness to go out there and fight the good fight. So, that being the case, I've spend the last several weeks looking for bloggers who are fairly active, and best represent something akin to the way I think and what I believe.  I recommend the following blogs for my readers to bookmark and check on regularly. Pick one as your favourite, or pick them all. They are all great..... In His Majesty's Service, THE CATHOLIC KNIGHT

Wednesday, April 13, 2011

Mr. "Compassion" and the Fall of the American Republic

(WSJ) - In a midday speech in Washington, Mr. Obama will propose a plan that includes cuts to entitlement programs such as Medicare, limits on military spending and an overhaul of the tax system designed to bring in more revenue....

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THE CATHOLIC KNIGHT: It's funny how Democrats are characterized as "compassionate" and "generous" to the elderly, poor and working families. However, it is the Democrats who most often cut entitlement programs to the elderly, poor and raise taxes on working families. It just goes to show how well the American propaganda machine works as the mainstream news media has become nothing more than an appendage of the Democratic Party.  So today, "Mr. Compassion" himself, America's "messiah" and the darling of the DNC, will announce his plan to cut Medicare and raise taxes.  He will of course receive some criticism from his own party, and perhaps a little heat from the mainstream news media.  However, it will only be a fraction of the fire that would be dished out on a Republican president.  Why?  Well, anyone can see -- silly!  President Obama has a "D" for Democrat behind his name, while any Republican president would have an "R," and any fool knows that just makes everything so much worse!

The politics of the American republic are laughable.  I say that as an American and a monarchist.  Any system where two men can do virtually the exact same thing, but one receive more criticism than another, simply because of the letter behind his name, is a joke of a system to say the least.  Of course on paper the American republic isn't supposed to work this way, but since when has the American republic ever worked according to how it is spelled out on paper?  What is really sad and scary is how many Americans actually buy into this nonsense.  I point the finger at myself first, having bought into this system for most of my adult life.  Of course I was raised in it, and it was all I knew, so I suppose most Americans do have that to say in their defense.  However, if they would just stop the rhetoric for a minute, step back and look at that big picture, they would see that they're being manipulated by ideologues on both sides of the political spectrum, to the point where something as simple as two letters, and "R" and a "D," will influence their thoughts and emotions.   Tell me, if this were 2007 and President George W. Bush announced that he was proposing cuts to Medicare, would there be any end to the media frenzy?  Wouldn't Democrats announce the end of the world, and that Bush is trying to starve senior citizens?  Wouldn't we see political cartoons of elderly people eating dog food so they could save enough money to pay for their prescription drugs?  Of course we would!  But this is 2011 and a Democrat is in the Whitehouse now, so the Democrats will go soft on him, and the mainstream media will tone down the rhetoric significantly.  That's how it works you see.  I've been watching this game for a very long time -- maybe a little too long.

The rhetoric goes both ways of course, as we see a similar pattern on conservative talk radio shows and some FoxNews personalities.  In recent years the influence of these neoconservative media outlets has started to increase, approaching the size and scope of the mainstream news alphabet networks (ABC, NBC, CBS, CNN, PBS, MSNBC, etc.).  Of course this presents a threat to the Democratic Party, which has controlled media outlets for decades, and as a result the Democrats are now calling for media censorship in the form of the "fairness doctrine." 

Again, it's laughable, those who call themselves the champions of "free speech" and "openness" turn around and call for censorship when it doesn't work in their favor.  Of course the Republicans blame the Democrats, and the Democrats blame the Republicans, but the sad reality is that both parties are merely different flavors of the same kind of criminals.  Choosing between the Democrats and the Republicans is a lot like picking which mafia cartel you want to live under.  Shall it be Italian mafia this year, or the Mexican mafia next year?  Pick your poison.  We can give America's founding fathers some credit where credit is due.  The system of divided powers they set up in the U.S. Constitution did manage to delay the fall of the American republic for at least a century, making it very difficult for the criminals that rule us to destroy us overnight.   They had to work on it, for a very long time, incrementally step by step, until we finally reached the point where we are now.  To do it they needed some tools to undermine the safeguards set in place by America's founding fathers.  The whole process began in the year 1913 with the creation of the Federal Reserve and the passage of the 16th (income tax) and 17th (popular election of senators) amendments to the U.S. Constitution.  All three measures together spelled the beginning of the end for the American republic.  They were the tools the criminals need to subvert the republic and take over.

Nearly one-hundred years later the damage has become irreversible.  The United States is over fourteen trillion dollars in debt, running national deficits of over one trillion a year.  The value of the U.S. dollar has depreciated to less than one-twentieth it's value in 1913.  What would cost you $1 in 1913, would now cost you $22.35 in 2011.  That's an inflation change of 2135.4%.  Guess what!  It's about to get worse -- a lot worse -- and very quickly.  We are now approaching the end-game for the U.S. dollar.   Here is where the real danger is.  According to the Financial Times (FT.Com) the International Monetary Fund (IMF) has just stated that the United States now lacks credibility on it's solution to the national debt and that only tough austerity measures will restore that credibility.  This is a HUGE problem.  The United States needs debt credibility to maintain it's gold-plated AAA credit rating.  If our credit rating is downgraded, it will mean the United States will have to pay higher interest rates to borrow money, and with us borrowing nearly one and a half trillion dollars a year, a higher interest rate would cripple us -- literally!  Then of course there is the impending problem with reserve currency.  One of the reasons why the United States has been able to float so much debt for so long is because the U.S. dollar remains the world's reserve currency.  That is about to change as nations flee the dollar and turn to a new IMF reserve currency.  Once that happens, the United States will be saddled with trillions of dollars in debt, nobody to buy it, and a dollar that is near worthless.  At that point the only thing the U.S. can do is print more currency, buy it's own debt, and effectively pay its creditors off with funny-money (a process that has already started).  This will destroy the credit rating of the United States permanently and leave our currency worthless.  Americans will no longer use American dollars and we will not be able to borrow money either.  The results on the American economy will be catastrophic and lasting.

This explains why "Mr. Compassion" is willing to cut medical coverage to the elderly while simultaneously raising taxes on working class families.  Make no mistake about it, his budget proposal is strategically calculated to boost his chances for reelection in 2012.  Obama is effectively staring down the barrel of an economic canon aimed at the American republic.  He knows there is no way out, and if the United States loses it's credit rating before he leaves office, the chances of his reelection in 2012 will be nil.  So to save his presidency, he is throwing everybody under the bus.  By everybody I mean his party, the elderly, and middle-class working families.   It's a calculated risk to be sure, but make no mistake about it, it's designed to save his presidency not the American republic.

That's the problem with democratic republics.  Politics eventually becomes about politicians and parties, not preserving the system that makes them possible.  It's a system that works great on paper, but in practical reality it doesn't work so well at all.  Those who think we can save the system by simply switching parties are delusional.  It's a delusion I once shared not long ago.  The system itself is flawed, it will collapse, and it will be replaced.   The days of the American republic are coming to an end, but that doesn't mean the United States will cease to exist along with it.  More likely, the United States will go on as a nation long after the republic falls, but under a different system of government all together.  What Americans need to be thinking about right now is what kind of system that will be and how we will bring it about after the republic falls.