Fiat Currency Money Printing Leading to Decentralization and Operational Secession
(The Market Oracle) -- By: Gary_North
We are seeing the beginning of a social revolution. This revolution will spread to politics. It is happening under our noses.
A revolution involves five crucial elements: (1) a new view of sovereignty; (2) a new view of authority; (3) a new view of law; (4) a new view of sanctions; (5) a new view of the future. Any revolution that does not involve all five is more of a coup than a revolution: a substitution of new rulers for old, not a change in the system.
The battles for the hearts and minds of men are being fought today in all five areas. Points three through five are still up for grabs. These are intensely ethical issues. They are intensely religious. They will not be decided by technology. There is no group and no worldview that has a clear advantage in these three areas. But the outcome of the battle over points one and two is going to be decided in terms of digits: the digits of the Internet and the digits known as money. In both areas, the existing Establishments of the world are under attack. I am convinced they are going to lose...
Because globalization has decentralized authority over production and distribution, it has led to a way of unifying individuals across nations. The international division of labor is a result of the development of globalization. With the spread of the free market, we have the possibility of reducing the power of national governments without causing an economic crisis at the local level. The difficulty is this: to reduce the power of the national governments in a period in which the Establishment is attempting to create an international government reduces the ability of locals to resist. So, for any long-term political transformation to be effective, there has got to be a reduction of sovereignty and legitimacy for both the national government and the international government. There has to be a realization that anything that concentrates power at the top is a threat to liberty.
This strategy is not yet understood in conservative circles. It is especially not understood among those traditional conservatives and all neoconservatives who believe the United States government has a moral responsibility to police the world by means of its military. Every time this nation extends the power of the military, it extends the power of the State Department. Anybody who thinks that the United States military should be funded to police the world ought to have a picture on his desk. It would be a picture of Hillary Clinton in a general's uniform. That is what the expansion of military power means. It means a transfer of authority to the State Department. We need images to remind us of this, and I think an image of Hillary Clinton with the general's uniform is just about right. It was bad enough when her husband was Commander-in-Chief.
Ron Paul is the first politician to get a national audience in favor of limited government since Grover Cleveland. Paul is the first politician to offer a systematic, integrated, Constitutional case for shrinking the Federal government. In the 1950s, Sen. Robert A. Taft and Congressman Howard Buffett of Omaha were articulate defenders of a government somewhat like that which is defended by Ron Paul. But Buffett was unknown, and Taft was a compromiser. Taft's voting record always testified against his ideological defense of freedom. Ron Paul's voting record is consistent with his ideology. That was also true of Howard Buffett, but nobody knew who Howard Buffett was. They know who Ron Paul is.
Compared to where Ron Paul was when I worked for him in 1976, this is a whole new ball game. It is a new ball game because of the Internet. Ron Paul and Matt Drudge are the supreme representatives of the threat posed by the Internet to every Establishment on earth. Matt Drudge was able to get a President impeached. Ron Paul was able to get the slogan "End the Fed" in front of hundreds of thousands and maybe millions of Americans. This could not have been possible without the Internet.
In my view, this is the greatest single irony in the history of big government. The Internet was developed by the U.S. Army in order to decentralize communications because of the threat of an atomic attack. It was the expansion of the military that made possible the development of the technological infrastructure which, more than any other invention in the history of man, now poses a threat to every Establishment in the world. This development has enabled the members of hard-core fringe groups to communicate with each other, and to get out the message that they most love: the incompetence and malevolence of the Establishment. It doesn't matter which Establishment we are talking about; every Establishment now has an unorganized but orderly audience dedicated to its overthrow...Cont'd...LINK
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