[Peace-discuss] [Fwd: Transition and Hope by Ron Paul]

[E. Wayne Johnson]

Forwarded from Nancy Cummins in Decatur.

-------- Original Message --------
Subject: 	Transition and Hope by Ron Paul
Date: 	Mon, 29 Dec 2008 21:07:11 EST
From: 	WE2RREADY at aol.com
To: 	undisclosed-recipients:;



    Texas Straight Talk

A weekly column


      Transition and Hope

As another year draws to a close, there are some important transitions 
ahead of us.  Not just transitions to a new administration, but also 
economically, politically and culturally.

Many hoped that the changes would signify overwhelming positive steps 
for our country, and that we would enter a new era, as promised during 
the campaign.  I would like for this to be true, but based on the 
continuity so far, I would not be surprised to see America stay on the 
same course of failed monetary and economic policies.  The course has 
been set for several decades, and in reality there is little the new 
administration could do to fix things without actually making them 
worse.  But I expect them to try.  The only real solutions involve 
allowing the market to liquidate the debt and malinvestment.  The 
political reality is that this is not going to happen.

Through the coming months and years, our nation will find itself at many 
crossroads, as all manner of socialist, corporatist, protectionist and 
nationalist initiatives will be thrown at the economy to see if anything 
will reflate it.  Some of these so-called fixes will be enacted amidst 
much outcry, as with the $700 billion TARP bailout, which the public was 
right to oppose.  About half of that money is gone without a trace, with 
no accountability, and the economy is no better off for it.  Others, 
such as the proposed new $800 billion plus economic stimulus the new 
administration is already clamoring for, might have limited public 
support, as many will find the prospect of receiving a government check 
a little too tempting to object to.  After all, Wall Street got a 
bailout.  What about the little guy?  Everything will be attempted by 
government in the short run to remedy the worsening situation – 
everything, that is, but freedom.  Therefore everything attempted will 
fail.  Unfortunately, government will continue to consolidate and abuse 
power at an accelerated pace.  Government will get bigger, in the short 
term, and as monetary policy goes from irresponsible to absurd, I have 
every expectation that we will soon shift from some prices falling to an 
inflationary nightmare.

But there is hope.  As all these attempts fail, more people will demand 
freedom, and see that it is the only way.  Government can only get so 
big before the country goes broke. 

It is regrettable that we keep forgetting what history has shown over 
and over to be true, because truly, it is a hard and destructive lesson 
to keep learning.  Perhaps it is just something that every generation 
has to learn for itself.  The political and cultural changes that come 
from these economic transitions will be key to the direction and quality 
of life for future generations.  But I am hopeful because of the 
strength of the American people and the increased number of voices 
recognizing that liberty really is the only way to peace and prosperity.




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