Chuck Baldwin: Economic Hard Times Just Beginning

A couple of weeks ago, I was honored to attend a private gathering of influential conservative leaders just outside Washington, D.C. While many differences of opinion were expressed on a variety of subjects, there was one subject on which every single attendee was unequivocally united: the US economy is soon going to tank! As one man said, “In a couple of years, these could be the ‘good old days.’” Another thing the august assembly was agreed on was that the only Presidential candidate in the two major parties who would actually have the guts to do what needs to be done is Congressman Ron Paul. And the national press corps (including FOX News) is doing everything in its power to make sure that the American people do not hear much of what Dr. Paul has to say for that very reason. Neither the Democrat nor Republican parties in Washington, D.C., have any intention of addressing the real reasons why the American economy is on the verge of collapse. The only thing the two major parties–and the elites who dominate them–can see is the next election. The lust for power is the one thing that both the Donkeys and the Elephants share in common. And neither party is willing to disappoint their constituents who are feeding at the teat of that fat hog known as Washington, D.C.

Democrats want to extend Washington’s insatiable appetite for deficit spending in order to promote the Welfare State. And Republicans want to extend Washington’s insatiable appetite for deficit spending in order to promote the Warfare State. Conservative or liberal, hawk or dove, Christian or secularist, Democrat of Republican: they all are lining up at the back door of Uncle Sam’s kitchen begging for a handout!

Except for Ron Paul, no one is giving more than ten-second sound bites of lip service to what is necessary to conquering the real culprits of America’s economic malaise: expunging the fiat money system and returning America to hard money principles, dismantling that cabal of international criminals known as the Federal Reserve, returning America’s foreign policy to its constitutional parameters of non-interventionism, eviscerating those federal programs and entities not prescribed by the US Constitution, getting rid of the income tax, and taking the United States out from under the power and influence of the United Nations. No one else has the guts to even seriously talk about these issues, much less to actually do something about it! And if the “powers that be” successfully defeat Dr. Paul’s candidacy, it won’t matter to a tinker’s dam who gets elected President in 2012 (that is, unless a constitutionalist third-party candidate miraculously wins the Presidency)! Republican or Democrat, it will be business-as-usual. And that means this house of cards that these corrupt politicians and bankers have been playing with all these years is going to come crashing down. In fact, the signs are ubiquitous that the crash has already begun.

Writing for, Michael Snyder has recently produced two trenchant reports that show the handwriting on the wall for America’s financial future. Snyder begins this first report saying, “Goldman Sachs is doing it again. Goldman is telling the public that everything is going to be just fine, but meanwhile they are advising their top clients to bet on a huge financial collapse. On August 16th, a 54 page report authored by Goldman strategist Alan Brazil was distributed to institutional clients. The general public was not intended to see this report. Fortunately, some folks over at the Wall Street Journal got their hands on a copy and they have filled us in on some of the details.

“It turns out that Goldman Sachs secretly believes that an economic collapse is coming.”

Snyder concludes his report saying, “Sadly, the 54 page report mentioned above is right–we really are facing a global debt meltdown and we really are heading for an economic collapse.

“You aren’t going to hear the truth from the mainstream media or from our politicians because ‘keeping people calm’ is much more of a priority to them than telling the truth is.

“The debt crisis in the United States is unsustainable and the debt crisis in Europe is unsustainable. Right now we are in the calm before the storm, and nobody knows exactly when the storm is going to strike.

“But let there be no doubt–it is coming.

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