The gold market reflects the state of the economy, which in turn reflects the overinflated bureaucratic state of our government. Posted by James Randolph on June 13, 2011
Find refuge from the tempest in the gold market.
June 13, 2011 – The gold market reflects the state of the economy, which in turn reflects the overinflated bureaucratic state of our government. “The Death of Common Sense” by Philip Howard, first published in 1994, should be required reading for citizens and policy makers alike, from Tea Partiers to Liberals.
Good intentions have mired us so deeply in a counterproductive quagmire that no amount of flag waving and no litany of past glories can extract us. But if Howard’s book had been widely read, we might have well avoided the economic crisis altogether.
The wrong-headedness and waste inherent in our hyper-regulatory system of government should have ignited public outcry the likes of which have not been seen since the American revolution. The blatant abrogation of the rights and roles of the citizenry so succinctly granted under the Constitution should have boiled the blood of every man, woman, and child in the country.
Unfortunately, we were all caught up in the great giveaway of entitlements granted to us as “rights” by an increasingly paternalistic government. But the Constitution defines our basic rights in no uncertain terms: we are to be free from government coercion so that we may pursue life’s rewards to the fullest extent possible; it does not give us the right to “have” anything. Instead, in the name of “fairness” the government has robbed us of the freedom to run our own lives.
A free market cannot exist under those conditions. Law should exist only to ensure adherence to acceptable standards of behavior by holding those who willfully violate those standards accountable for their actions. What we have today is a system that dictates not only what we must do but how we must do it, a conglomeration of code that has drained America of the spirit that made us great.
The average Joe is hopelessly mired in the morass, lawyers twist the law to serve their Wall Street masters, and the government has legislated itself into impotence.
The current crisis is more than an economic problem – it is a systemic correction to force sensibility back into our government and into its people. Such a profound change can come only at the expense of unprecedented hardship.
The government can no longer protect us, but we can find refuge from the tempest in the gold market.
Senior Staff Writer – Certified Gold Exchange