Oh, World Government, What Problem Can't You Solve?
Jim Capo JBSWednesday, June 11, 2008
It takes the Wall Street Journal guest editorialist an entire article to build to her main point in the final paragraph: The solution to our unfolding economic crisis is a union between the U.S. and the EU and the consolidation of the dollar, euro and yen into a single fiat currency.
Follow this link to the original source: "The Weak-Dollar Threat to World Order"
COMMENTARY:
While the mainstream media continues to insist that the move to merge the U.S., Canada and Mexico into a trading block patterned on the EU is pure fantasy, others in that same media talk freely of merging the US with the EU.
Yesterday's guest editorial by Judy Shelton demonstrates that the Rupert Murdock-led Wall Street Journal is not going to miss a beat in continuing to promote world government as the solution to all our ills. Ms. Shelton looks at the destruction of the fiat U.S. dollar in the effort to paper over our government's and banking industry's insolvency, and calls it cheating. This would not be cheating in the sense of how an Austrian School economist would see it — the theft of people's wealth through the debasement/counterfeiting/inflation of the currency they are forced to trade in — but rather cheating because we are making it hard for our friends in the fiat Euro zone to compete with U.S. based producers.
In getting to her point, Ms. Shelton does offer up platitudes of promoting democracy, free market capitalism and even an aside that the new currency of monetary union across the Atlantic could have some kind of gold related integrity designed into it. In the end though, what she and the Wall Street Journal are really calling for is the next step down the road to world government and serfdom.
Jim Capo JBSWednesday, June 11, 2008
It takes the Wall Street Journal guest editorialist an entire article to build to her main point in the final paragraph: The solution to our unfolding economic crisis is a union between the U.S. and the EU and the consolidation of the dollar, euro and yen into a single fiat currency.
Follow this link to the original source: "The Weak-Dollar Threat to World Order"
COMMENTARY:
While the mainstream media continues to insist that the move to merge the U.S., Canada and Mexico into a trading block patterned on the EU is pure fantasy, others in that same media talk freely of merging the US with the EU.
Yesterday's guest editorial by Judy Shelton demonstrates that the Rupert Murdock-led Wall Street Journal is not going to miss a beat in continuing to promote world government as the solution to all our ills. Ms. Shelton looks at the destruction of the fiat U.S. dollar in the effort to paper over our government's and banking industry's insolvency, and calls it cheating. This would not be cheating in the sense of how an Austrian School economist would see it — the theft of people's wealth through the debasement/counterfeiting/inflation of the currency they are forced to trade in — but rather cheating because we are making it hard for our friends in the fiat Euro zone to compete with U.S. based producers.
In getting to her point, Ms. Shelton does offer up platitudes of promoting democracy, free market capitalism and even an aside that the new currency of monetary union across the Atlantic could have some kind of gold related integrity designed into it. In the end though, what she and the Wall Street Journal are really calling for is the next step down the road to world government and serfdom.
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