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Re: The Wealth Gap and the Collapse of the U.S.

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  • Thu, Aug 13, 2009 - 07:17pm

    #57
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: The Wealth Gap and the Collapse of the U.S.

 

My highest rated comment on Seekingalpha—–
 
The Worst Case Scenario (Someone Has to Say It) [View article]

"The Despotism of Dependency" — we have arrived.

Government is not shrinking. Today’s government consumes 45% of the economy by its spending, plus another 13% of the economy via its un-funded regulatory mandates – – leaving less than half of the economy to the free-market private sector.

"45% of our economy today is dependent on government spending & control."

Slow, gradual government expansion over time is not recognized by the masses which gradually become dependant upon it. This leads to serfdom to the state. America is more a socialistic nation, and less a free-market economy, then ever before in its history, because our total economy has become significantly more government-dominated and dependent. Our founding fathers are rolling in their graves and weeping for the children of this once great land.

We are being extin­guished and stupefied as a people, reduced to a flock of timid, subservient sheep of which the government is the shepherd.
mwhodges.home.att.net/…
May 03 12:00 pm |Rating: +54 -13