How did it get started? It started basically, when FDR, (Franklin Delano Roosevelt), was elected President, along with a Democratic Congress, in 1932. America was in the midst of the ‘great depression,’ which was caused by a violation of “Stott’s Law,” which I wasn’t around then to invent, and that’s not to be dealt with here anyway. In that depression, millions were out of work, the stock market had crashed, and people were selling apples for a nickel on street corners. A horrible time. Roosevelt and his congress, decided they had to do something to get America out of that depression.
The first thing FDR did, was to eliminate the American way of preparing for the future, by saving for it, and trying to be debt free. “Social Security,” as it became known, took part of citizens’ paychecks for future ‘help,’ and eliminating the idea of saving for old age. It became law, so no one could avoid it. “Social Security,” would take part of your pay check, and ‘store it’ for old age,’ even if you weren’t going to get old for several decades. It was a 1% deduction then, but that was a long time ago, and today, it’s many times that. Social Security was never ‘secure,’ as there were never enough dollars in the fund, and now it’s on the brink of total insolvency. “Actuary,” is the term insurance people use to make insurance profitable and solvent. Social Security was actuarially un-sound from its beginning. ‘Look Charlie, you can forget about saving for old age. Government will care for you for just 1%, and you’ll be secure.’ Wonderful? Or just weakening everyone?
Four years later, in 1937, the depression was still intact, as was unemployment and everything that went with the ‘great depression.’ Social Security, hadn’t helped. Social Security, was the beginning of the ‘welfare state,’ which has grown like Topsy, weakening everyone, for 93 years.
What welfare program came next? It was ‘public housing,’ in the late 1930’s and early 1940’s. If you have ever lived in a big city now, ‘public housing,’ has always been responsible for neighborhood degradation, with crime, filth, arson, and total irresponsibility, usually from single mothers, ignorant about child rearing. 55% of crime committed today, is done by black males between the ages of 15 and 35, and I’ll bet they were ‘raised’ in public housing. Most of welfare’s public housing, lasts but a couple of decades or so, and then they’re too ruined to fix, so they’re torn down, and more built to replace them. By the end of the 1940’s, public housing was becoming quite common, and there was no shortage of people un-willing to work, and provide for themselves, as government had decided that they ‘needed help,’ with a place in which to live. The urge to work hard, be responsible, buy a home and provide for a family, was destroyed by an ever increasing hoard of undesirables, who should not exist, but liberals say that Mother Nature was wrong, and the weak must be ‘helped,’ at taxpayer expense, therefore taxes must be increased, to ‘help’ those unwilling to help themselves. The corruption became legend in the public housing department, and continues to this day, with destroyed neighborhoods, fires, disease, and all that goes with worthless people being ‘helped’ with un-backed paper money, and buying of votes for politicians who run on helping everyone with more government ‘assistance.’ Public housing did not get America out of the depression, but it expanded and aggrandized it.
America finally got out of the great depression, when Japan bombed Pearl Harbor on December 7th, 1941, but destructive, dollar debasing, civilization ruining, welfare caused inflation, had already imbued itself into the American system. Politicians loved it, as they could make absurd promises, weakening the entire nations’ brains, energy, responsibility, and future. “If you’ll just vote for me, I’ll make it happen.” World War Two was fought with paper money, and in the three and a half years that war lasted, all prices to doubled.
By 1964, with silver being about 75 cents an ounce, it was decided silver was far too valuable to waste it on coins, so the silver dimes, quarters, and halves, were then made of cheap metal. A silver dime now, costs $4.75 in un-backed by anything, U.S. dollars. Correction: Dollars are backed by the “Full Faith and Credit of the U.S. Government.”
Today, the welfare state has caused huge inflation, so fatally severe, that when I speak of quarter a gallon gasoline and nickel Cokes, people think I am nuts, except I remember them! College students, have to take remedial courses in third grade math, and bathing beauties on Florida beaches, don’t know the answers to any simple question, and neither do New York Times Square visitors. Welfare, has numbed us down so far, and weakened the dollar so much, that illiteracy has become common, and kids’ and adults’ eyes are being ruined by constant watching tiny screens on their smart phones. Indebted America, by a couple of trillion dollars, now accepts 21% credit card interest, as ‘normal,’ and there’s no reason to pay it off!
The welfare state is out of control now, and probably has been for decades, with illegals and lazy cretures receiving cell phones, medical care, education, and living off us. Subsidies if you buy an electric car? Heat subsidies, rent subsidies in section eight, which guarantees property and neighborhood destruction? Free transportation to just about everyone who has no car? The welfare state destruction, like the written accounts of Roman, Greek, German, and every other nations’ histories, has always been caused un-stoppable inflation, ending with currencies becoming worth nothing, and those who saved in them, losing everything. As a final nail in a house about to fall down, governments print more paper money, which then becomes insulation, or used to start a fire.
See why you need to save surplus assets in gold and silver? Where else can you find insurance with no monthly payments? Insurance, which automatically increases in dollar value as the dollar crumbles?
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Don Stott don@coloradogold.com