The American Empire in a Changing World


Wednesday, October 17, 2012

''How Welfare and Warfare are Stealing Your Wealth''

awesome article.................From Daily Reckoning
By Bill Bonner

''Over the years the US has come to look more and more like the Old World - most recently with expansions of the health care system under George W Bush (!) and Barack Obama. There's something for everybody... at huge cost, of course.

But the US has a whole 'nother group of zombies too... zombies with guns. Again, one nation learns, another un-learns. Europe's experience with war in the early 20th century was so disastrous it wanted nothing more to do with it.

But America's experience was, on the whole, satisfactory. Losses, compared to Europe, were minimal. Profits were high. The US came out of WWI and then again out of WWII, ahead of the game. It gained power, prestige, and market share each time.

And now, it spends money on 'security' as though it were locked in a life-or-death fight to the finish... as if the Huns were at its gates and its survival were at stake.''

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