The Government Monster: Presenting The Centrally Planned States Of America

Monday, June 13, 2011
By Paul Martin

by Tyler Durden
ZeroHedge.com
06/12/2011

Bill Buckler’s latest Buckaneer report does a 10,000 foot quantification of the one most critical, yet underreported, trend in America’s transformation from past to future: its gradual, and ever faster, conversion into a totalitarian, centrally-planned state.

The proportions and the nations change, but the question remains the same. We here at The Privateer have raised this question before in relation to the US and we will probably raise it again. How did a US government “govern” a nation of 92 million people with an annual budget of $US 0.7 Billion and a TOTAL (funded and unfunded) debt of $US 2.7 BILLION one hundred years ago? The answer is very simple. For the most part, they didn’t. And because they didn’t, they didn’t indulge in economic make believe. They had no income tax to “fund” them and no central bank to print more money – if necessary.

Today, the US government “GOVERNS” 310 million people with an annual budget of nearly $4,000 Billion and a TOTAL (funded and unfunded) debt approaching $US 100,000 Billion. It takes about 5400 times as many Dollars and about 37000 times more debt to “govern” about 3.35 times as many people as it did a century ago. Why? The answer is equally simple. Today, the US government “governs” everything. It is all pervasive. It has taken over the economy from its people.

The Rest…HERE

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