Forced Expatriation Coming to the USSA
FRIDAY, JANUARY 20, 2012
Here at The Dollar Vigilante (TDV), we’ve got a saying: it’s all been done before. All nation states start out small and the better of the bunch are born in liberty and dynamism, freedom of thought, freedom of trade and a willingness to take chances. And they all follow a similar path on the way down as the state grows ever more all encompassing – they come to believe their own propaganda, that they can do no wrong and that they will reign forever. Corrupt and decadent, they lose the essential qualities that allowed them to thrive. It has been seen time and time again – brutal laws, price controls, travel restrictions, currency devaluation, all in order to prop up the vampire-like elite.
The United States is no different. Born in a fight for liberty from a distant power, the USA, because it held to its founding principles became a great world power in their own right by the late 19th century. Sure there was faults. Native Indian genocide… Slavery. But on the whole, it was a fairly decent idea.
What enabled this? Freedom to innovate, freedom to create and retain wealth and freedom to express oneself. Of course we now see the US on the downward slope of empire. After the Soviet Union collapsed under its own weight, George H. W. Bush declared a new world order and according to Francis Fukuyama, history had ended. But already the seeds had been sown for the inevitable collapse of the US empire.