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This is an incontestable fact that history has proven time and time again, and is proving once more in Greece, Ireland, Portugal, Spain and Italy, in innumerable third world countries, and currently in the United States under the stewardship of Barack Obama who has come to complete a long-running agenda. A country in which nearly half the population pays no taxes and the other half must pony up the wherewithal to keep it going, in which industry is hampered by stifling regulations and high excises, and in which economic viability depends upon increased borrowing and printing fiat money, is a country careening toward insolvency.
For the money to sustain such extravagance must come from somewhere, but today in the U.S. it is coming from somewhere else and from nowhere—or in concrete terms, from China and from “Quantitative Easing,” i.e., a perpetual-motion printing press. If the process continues indefinitely, the result cannot be anything else than debt foreclosure, rampant inflation, and finally ruin. And as we have seen, a significant portion of the EU is also on the verge of fiscal implosion. The vampire economics of the welfare state guarantees a foreordained conclusion. When the raptor runs out of blood, it dies—along with the bodies that supplied it.
A stake must be driven through the heart of the economic predator, aka the “social democratic” polity, if the fiscal hemorrhage is to be plugged. Thinkers like Marx and Keynes, read skeptically, that is, sous rature, or “under erasure,” as philosopher Martin Heidegger first put it, have much to tell us about how not to proceed. Their policies are anathema to the health of the nation. Similarly, fiscal mandarins like Nobelist Paul Krugman and Chairman of the Federal Reserve Ben Bernanke believe that if you have already spent six or seven hundred billions in stimulus money without the slightest effect, the answer is to spend another six or seven hundred billions. The treasury must be drained for the ostensible benefit of the majority in an ongoing phlebotomy of vital fluid regardless of consequences. But obviously, the majority serves only as a pretext. The primary beneficiaries are the creatures of the night who live in their sumptuous castles at the expense of their once-vital prey. They are immune to the laws that govern the natural world—except, of course, that they need to feed.
Let us hope that the sunlight of disclosure will flood the intellectual crypt in which current policy is formulated and pursued, before it is too late. The “social democratic” state must wither and turn to ash if people are to live dignified and productive lives. We are led to the conclusion that the pre-eminent authority to be consulted on the subject of existential vitality, of menace and survival, is not Marx or Keynes or Krugman or Bernanke. It is none other than Bram Stoker.
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