Vatmonger Eurokleptocrats declare that Fourth Reich(EU) aid to the needy is a manifestation of Fourth Reich's benevolence! To whom vatbuster Basil Venitis replies: It's not yours to give! Since the things man needs for survival have to be produced, and nature does not guarantee the success of any human endeavor, there is not and cannot be any such thing as a guaranteed economic security.
The employer who gives you a job, has no guarantee that his business will remain in existence, that his customers will continue to buy his products or services. The customers have no guarantee that they will always be able and willing to trade with him, no guarantee of what their needs, choices and incomes will be in the future. If you retire to a self-sustaining farm, you have no guarantee to protect you from what a flood or a hurricane might do to your land and your crops.
If you surrender everything to the government and give it total power to plan the whole economy, this will not guarantee your economic security, but it will guarantee the descent of the entire nation to a level of miserable poverty — as the practical results of every totalitarian economy, communist or fascist, have demonstrated.
Morally, the promise of an impossible right to economic security is an infamous attempt to abrogate the concept of rights. It can and does mean only one thing: a promise to enslave the men who produce, for the benefit of those who don't. If some men are entitled by right to the products of the work of others, it means that those others are deprived of rights and condemned to slave labor. There can be no such thing as the right to enslave, i.e., the right to destroy rights.
The gold standard is incompatible with chronic deficit spending (the hallmark of the welfare state). Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.
Basil Venitis points out welfare queens collect excessive welfare payments through fraud and manipulation. Ronald Reagan used to tell the story of a welfare queen from Chicago's South Side who had eighty names, thirty addresses, twelve Social Security cards, and was collecting veteran's benefits on four non-existing deceased husbands. And she was collecting Social Security on her cards. She got Medicaid, getting food stamps, and she was collecting welfare under each of her names. Her tax-free cash income was over $200,000.
A real turning point came when the welfare statists switched from economics to physiology: they began to seek a new power base in deliberately fostered racism, the racism of minority groups, then in the hatreds and inferiority complexes of women, of the young, etc. The significant aspect of this switch was the severing of economic rewards from productive work. Physiology replaced the conditions of employment as the basis of social claims. The demands were no longer for just compensation, but just for compensation, with no work required.
So long as the power-seekers clung to the basic premises of the welfare state, holding need as the criterion of rewards, logic forced them, step by step, to champion the interests of the less and less productive groups, until they reached the ultimate dead end of turning from the role of champions of honest toil to the role of champions of open parasitism, parasitism on principle, parasitism as a right, with their famous slogan turning into: Who does not toil, shall eat those who do.
Venitis asserts that throwing money to misery brings more misery. Fighting wild leverage with more leverage is homeopathic repression of reality. A deluge of fiat money brings financial plague and haemorrhage of economy. Real money is tied up to precious metals and strategic metals.
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