Republicans and the REAGAN RENAISSANCE

Contracts and the Rule of Law are integral parts of civilization and the foundations for sound government. Hand-shakes and a man's word were means of validating contracts even before man became literate. Integrity is the foundation of morality. Integrity cannot be legislated and those who believe morality can be legislated and enforced to the benefit of man are mistaken. Written contracts are no more binding on the parties than verbal agreements. Those determined to breech contracts or ignore the law care not, or at least not sufficiently, about the consequences of their actions. The major difference is that the written documents provide a record for courts to follow in an effort to enforce the performance of the terms of a contract or the law. Parties to contracts can be left without recourse, even to written documents, when courts refuse to recognize the terms of the contract/law or the parties are unwilling to perform in spite of the judgments of the courts. Here are the records of some notable American contract failures and some thoughts on the consequence of our breeches. The title of this article summarizes my vision of the results of specific performance.

Recorded history tells us that all democracies end in bankruptcy. The unfunded and unfundable liabilities of Social Security, Medicare and the Great Society are pushing the United States to the brink of bankruptcy. Sometime in the next six months you are going to see the value of the US dollar decline substantially against gold and almost all other world currencies. Americans are now borrowing roughly 1.5 billion dollars each and every day in order to fund an unprecedented spending spree.

If current trends are maintained and we do not restore the Constitutional restraints on government within the next two presidential elections, there will be no presidential election in 2016. The rest of the world will not extend us credit under acceptable terms beyond 2012. Merchants will not accept US dollars that are not worth the paper they are printed on. The US Treasury has already announced that they will be buying silver in 2002 in order to continue minting the 1 oz silver eagles indicating that there is no more silver in the US Treasury that can be minted into coins. Readers should visit the World Gold Council and the GATA essays concerning the value of gold as a currency versus the value of a dollar as a currency. Fiat currencies can certainly fulfill the role of money as a medium of exchange and inflation is merely an inconvenience until you look at the value of a currency as money and money's role as a storehouse of value for saving. My guess is that foreigners are going to become progressively skeptical about dollars as a form of savings and maybe even as a currency for purchasing investments. Even some Americans are beginning to question the value of a "dollar".

America is at a cross roads. It is a myth to believe that we cannot turn the country on a dime. It is a lie to believe that you should continue doing the wrong thing because you have been doing it so long and aren't really sure that it is time to do the right thing.

Everything that we as Americans stand for and believe is being eroded and corrupted. Either we as a nation stand up for what is right, or the nation we have become deserves to die. It is far more important to be free and independent than to be American. If being an American means being a socialist, then the sooner the United States is dissolved or bankrupted, the better.

I believe that Bush/Cheney are on a mission. I believe that they intend to free the world of the threat of nuclear weapons and to the degree possible, other weapons of mass destruction. I think the US and our allies will be developing practical defenses against ICBM's. I believe their intention is that never again will We the People be threatened with mutually assured mass destruction as we were with the Soviet Union. China will never be able to blackmail the United States with ballistic missles. NO MORE COLD WARS.

For those paying attention and IQ's higher than turnips or democrats, the first Desert Storm showed the world that conventional warfare against the United States is unthinkable for anybody. Fuel-air-explosives (daisy-cutters) are making conventional warfare obsolete as a practical means of diplomacy. Modern computers and the internet have placed humanity at the dawn of the Information Age. The exponential growth of knowlege that can occur when every human has ready access and can manipulate the entire world's store of data is beyond imaginable. The empowerment of individuals and free trade that is within our reach is incomprehensible. Peace and prosperity that could not have been conceived of just a decade ago lie just ahead if we take the correct fork in the road. A world in which contract enforcement and the rule of law have real meaning sets the stage for the recovery of the freedoms we once cherished and new levels of commerce.

Secession and bankruptcy or the REAGAN RENAISSANCE? It really is an easy choice. We only need for the Republicans to have the courage to make it.

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