AMERICA’S CREEPING REVOLUTION-PART 5
By Betty Freauf
January 22, 2011
America’s Creeping Revolution as described in historian John T. Flynn’s 1949 book The Road Ahead compares what could happen in America in the future as to what happened in England. In this Part 5 he says the intellectuals – the Harvard crowd and other professors had this “cockeyed theory” of John Maynard Keynes of spending and national debt. Taxes and debt were supposed to be evil and were certainly unpopular but most indefinitely, that government borrowing was a good thing, that government debt was not a burden, did not have to be paid and was, literally, an unmixed blessing. Does this sound familiar today? National Socialist Planning, now equipped with the new engine of government borrowing, took on a new and vital form. And the whole brood of Socialist and Technocrats and Fabians were swarming into Washington. They believed that the depression and then the war, along with the devices introduced into our system by Frank Delano Roosevelt’s “New Deal,” had effectually wrecked the American Capitalist system. By the time Roosevelt was elected to office, not once but four times, change agent Edward L. Bernays had learned how to control and manipulate people so the whole 20th century may be called the “Big Lie” as we begin hearing about the paradigm shift.
And once our misleaders decided “borrowing” and spending instead of saving and investing was the way to go, it wasn’t long until people believed what was good for the goose was also good for the gander. Neither my folks nor my husband’s ever had a credit card. They saved and paid cash for everything because they learned the difference between “wants” and “needs.” But in today’s instantaneous society, if we want something that we don’t need, we whip out the credit cards.