Step up and do your part to help GOP take over in 2012

Barring cataclysms such as war nations, especially great nations, do not collapse overnight. Nations fall bit by painful bit, over many years, sometimes in such tiny slices that their own citizens do not realize what is happening around them. The Roman Empire’s fall took centuries. Europe collapsed between the years 1914-1945.

Those of you who read my blogs know that I believe that our financial slide began in 1944 when the Bretton Woods Conference made the dollar the global reserve currency and accelerated with Lyndon Johnson’s Great Society and Nixon’s delinking of the dollar from gold.

Of course, the political weakening of our constitutional underpinnings began during the Wilson Administration and increased rapidly under Franklin Roosevelt. Glenn Back is right about that. But I mentioned our financial slide first because a political shift is easier to reverse and, as nations fall, power flows to money.

Of course, the political weakening of our constitutional underpinnings began during the Wilson Administration and increased rapidly under Franklin Roosevelt. Glenn Back is right about that. But I mentioned our financial slide first because a political shift is easier to reverse and, as nations fall, power flows to money.

Unfortunately, what we have come to regard as the “normal” flow of money is screwed up. For decades most of the world’s major trading nations have emulated the United States and run up huge sovereign debts which they cannot repay.

The impact of this foreign debt crisis is most obvious in the Eurozone where prodigal nations like Greece need to default and devalue but cannot because they do not have their own currencies.

Rather they are part of a group of 17 countries which foolishly adopted a single currency while maintaining separate economies and political systems. But the Eurozone is the world’s largest trading area with direct ties between European banks (which hold sovereign debt in Europe) and American money markets and hedge funds.

The Germans have agreed to bail out Greece (again) but they are unable to rescue all of the Zone’s ailing economies and the bailouts are no more than stopgaps which treat symptoms but not the core problems.

It is very likely that the Euro will fall apart, in stages and not all at once, but should it fall it will drag down the economies of much of the rest of the world, including that of the United States.

Ironically, as I have pointed out earlier, fear of euro instability has driven investment cash into the dollar, pushing T-Bill interest rates to very low levels.

This is doubly ironic because, if our economy were in better shape, or even perceived to be on the road to recovery, the United States could use this crisis to regain a good deal of our lost global predominance. But just at this moment we find ourselves subject to a misguided socialist Administration bent upon repeating the errors which brought down the economy of every nation where like policies have been attempted.

I have written at length about Obama’s ruinous expansion of the national debt, his devotion to corruption, his apparent intent to create an extra-constitutional authoritarian form of government centered on the Presidency, and his use of executive orders to circumvent the legislative powers of the Congress.

With Obamacare alone, he took government control of a piece of our economy twice as large as that of India, and India has over a billion people.

So far nothing has been done to improve our situation or to make it any less likely that we will avoid serious, perhaps terminal, damage from a Eurozone failure. Obama’s policies have made the problems he inherited far far worse.

Last summer’s debt ceiling fix solved nothing – it merely increased our ability to add to the debt against the promise of future spending cuts while deferring even the consideration of our core problems to some mystical supercommittee which is expected magically to resolve issues which have defied the capacities of the Congress and the White House.

Last summer’s debt ceiling fix solved nothing – it merely increased our ability to add to the debt against the promise of future spending cuts while deferring even the consideration of our core problems to some mystical supercommittee which is expected magically to resolve issues which have defied the capacities of the Congress and the White House.

With control of only the House, Republicans can only block harmful legislation. They can and do propose helpful legislation only to have Harry Reid refuse even to consider it in the Senate.

Republicans cannot restore confidence in the American economy and the American dollar until they control the White House and the Senate as well as the House, but that cannot happen until 2012. If we are very lucky indeed, we might find a way, with global forbearance, to further delay a solution to our debt, revenue and spending problems until after the 2012 election.

Republicans cannot restore confidence in the American economy and the American dollar until they control the White House and the Senate as well as the House, but that cannot happen until 2012. If we are very lucky indeed, we might find a way, with global forbearance, to further delay a solution to our debt, revenue and spending problems until after the 2012 election.

At that point it may become clear whether reason or Marxicrat claptrap will prevail in our country. But good sense must prevail in that election.

The Republicans must win if our country is to be saved and resurrected. To do that we have to organize now. Let me be brutally frank. If Obama is re-elected, the United States as we know it is doomed. It’s not just that we need to stop his malevolent schemes, though of course we must.

It’s not just that we need desperately to repeal the worst of his legal and regulatory outrages, though we must do that as well. It’s that, if we are to save our country, we must take serious, broad-based, politically dangerous steps to restore individual liberties and to return to the states the powers granted to them in the Constitution. Not with a scalpel but with a meat cleaver – we can adjust the fine points afterward.

In fact, we dare not address all the fine points or we will unavoidably get bogged down in minutiae and fail to achieve the greater goal. I cannot emphasize too strongly or too often that only conservative Republicans can do this.

The Democrats are hopeless.

A third party will only split the conservative vote and give elections to the Dems. Several of the GOP candidates for president have set out plans for restoring the country. Please read them, think about them and let your local Republican Party Clubs know what you like, what you don’t like, and what you think could be done better.

We Republicans are beginning to organize now for the 2012 contests, which we truly believe will decide the fate of our nation. We really need all of you who love your country, who can see how things have gone wrong and who want to work to make them better to join with us.

We need Republicans, independents, conservatives, moderates, and especially younger people just getting a start in life and who fear for the futures of their families. Some of you will hear from us in the near future asking you to join the "cause." Please say yes. Or come to talk with us at the GOP booth at the Volusia County Fair in Deland, Nov. 3-13. Your country needs you.

We need Republicans, independents, conservatives, moderates, and especially younger people just getting a start in life and who fear for the futures of their families. Some of you will hear from us in the near future asking you to join the "cause." Please say yes. Or come to talk with us at the GOP booth at the Volusia County Fair in Deland, Nov. 3-13. Your country needs you.

Stan Escudero

NSBNews.net, also known as VolusiaNews.net, provides Volusia County 24 / 7 Internet newspaper coverage, 100% free with breaking news, news of record and investigative reports from New Smyrna Beach, FL, for a 21st-century digital world.

Jim Hathaway

 

About the Blogger

Stan Escudero's picture

The Guidepost By Stanley Escudero
Stan Escudero is a retired career diplomat & businessman,
who lives in Daytona Beach Shores, FL with his wife, Jaye.

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