A bit further from Armstrong's writing:
"...The only way out of this mess is not to guarantee everything and [not] pour in money into the system through the creation of debt. We need someone like Caesar who takes the unbiased road and cuts down this beast we have created. Borrowing is more inflationary than printing because it pays interest and that necessitates borrowing even more to roll the debt. There is no plan to ever pay anything off. We are in a debt spiral from which there is no escape other than default or monetize. We are going to have to think out of the box to save the world as we know it.
It is the interest expenditures that are the critical component destroying society. It has absolutely NOTHING to do with what we call money! Any “standard” that attempts to fix the value of money is merely a version of communism. We must realize that money and assets are on opposite sides of the seesaw.
"Currently, we spend $4 billion per week in interest. That will hit $10 billion by 2016 and $15 billion by 2020 without a rise in rates. We are in a perilous economic state..."
C.I.Caesar had plotted throughout all his life to become ruler of Rome, and succeeded, despite not having ever bothered to run for the Consulship. Any other questions, Martin, dear boy?
Merely another thoroughly time-wasting attempt to rewrite history, no more and no less. I believe I'll stick with Plutarch's and Porcius Cano's versions, thank you very much.
” The corruption of the Republic of Rome is widespread today as well. If we understand the mistakes of the past, we can escape the same outcome, or choose to repeat events...”
There is no reason to suppose the mistakes of the past will not be repeated with the same outcome. Human nature and limitations has not changed nor has the basics of economics.
What is consumed must be paid for by what is produced. If all that is produced is consumed with nothing saved for future production then there will be no meaningful future.
The only way to escape the economic fate we are facing is for all conservatives to move to a state like Texas and secede from the union.
I believe Texas was promised the ability to secede or split into multiple states in order to get them to join the union.
Rick Perry, are you listening :-)
(Only a Gingrich would have the balls for such a move)
Where does the Constitution allow for dictatorial powers? I don't disagree that Hussein has moved in that direction, but no provision allows for the assumption or grant of peacetime executive, legislative and judicial powers in one man.