Posted on 07/14/2009 3:11:53 PM PDT by george76
Years ago, after decades of research, an economist historian reached a conclusion, which even he did not believe, and spent over a decade trying to disprove before publishing. It was the discovery that, throughout all of human history, there was one, and only one, 100% correlation between what made a nation prosperous and powerful, and what made a nation poor and subordinate.
Mining.
As a nation mines, it prospers, and the more it mines, the more prosperous and powerful it becomes. When it reduces its mining, its wealth is reduced, and when it stops mining altogether, it becomes a vassal state to a nation that does mine, and mines more.
The reasons for this is that mining is the lynch pin of an economy. From mining flows industry and agriculture, military might and national strength. Without mining, a nation is crippled, its marketplace is subdued, its strength, nationally and internationally, are diminished.
The General Mining Act of 1872 was brilliant in its simplicity. In short it said that *anyone* may stake a mining claim just about *anywhere*, even on another person’s property. But that claim had to be “improved” to the amount of $500 (in 1872 money, mind you), each and every year, or that claim would be forfeit. Improvement either meant literally, or by producing at least $500 in ore from the mine.
And this is why America has hundreds of thousands of abandoned mines. But also, why America had an enormous coal, steel, automotive and manufacturing economy.
And this is why America has the most powerful military in the world.
And this will be why, when these mines are shut down for petty and stupid reasons, and even pettier greed, on the part of Washington, America will be economically penalized. And unless some democratic nation, perhaps India, picks up the gauntlet and continues the fight for democracy, a nation like China, with all its vices, will dominate the world.
...and the ‘hits’ just keep on coming...
.
1. Crash the system
2. Wipe the disk clean.
3. Reboot the system with Hussein 2.0
(shamlessly stolen from another FReeper)
____________________________
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with host Ken Dunbar for two hours Wed July 15, 8PM CST-10PM CST.
Be sure not to miss this.
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