What Destroyed Rome Was its Unfunded Government Employee Pensions

Monday, May 23, 2011
By Paul Martin

By Martin Armstrong

HISTORY IS A CATALOGUE OF SOLUTIONS. However, it is also a catalogue of things not to do. Far too many people just ignore the past and assume there is nothing worthwhile even exploring. This is why history repeats, largely because of the arrogance of mankind in assuming he is better than all those who preceded him. I have been often asked why I came to see the world through an eternal battle between Private and Public interests (People v Government). Effectively, aside from the fact that we invented the combustion engine, discovered radio waves that also enabled the development of computers, there is little else that is really a modern invention. Right down to the form of government we have, which is a Republic based upon Rome rather than a Democracy based upon Athens, this is not a modern invention. A Republic is where we elect representatives to go run government. In a Democracy, every citizen has the right to propose laws and sits in judgment over the affairs of the state. Rome had its Senate as does Washington.

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