Final Word

Unfortunately what my European friend said is too true and it is the reason that I have stopped blogging after over five years without missing a day. I have said everything and the situation only gets worse. My complete attention has now been turned to the international entrepreneurial world which is fulfilling, enjoyable challenging and purposeful.
The final straw for me was the realization that it is now impossible to rein in Medicare, just as it was impossible to rein in Social Security. To do so is not difficult if people are prepared to embrace the benefits of free market competition. During the last Bush administration attempts to invest people’s social security payments was soundly defeated. Now Republican attempts to save Medicare by a degree of privatization caused them to lose a safe Republican seat in Congress recently because a majority of people prefer the Siren Song of nationalized health care and cradle to grave welfare with the government looking after them.
The reason is that the USA has now gone beyond the tipping point. Half the people pay no income taxes. The upwardly mobile pay half of what they earn in income taxes. The majority in the USA are demographically not high achievers except in procreation and in talk.
Internationally the USA is now a joke despite its military might. It toppled a safe ally in Egypt, has alienated Israel and Saudi Arabia and is giving a free pass to Iran and Syria. It pretends to be tough by waging war at a safe distance with a has-been in Libya and after finally killing Osama, another has-been, after ten fumbling years, behaves as if it was the successful end of World War 3.
I spent my life prior to 1970 watching the decline of the pound and since then have been watching the decline of the dollar.
It was sickening to watch the fake mutual admiration of Obama and Cameron and the fake esteem which the British elite afforded Obama. After that there was more fake talk from the G8 and from the IMF. Meanwhile China and Brazil continue to move ahead in various key metrics. The continuing decline of the USA is inevitable because there is a continuing fascination in the audacity of the USA in electing a black man to be the most powerful leader (even if fake) in the world and this Liberal obsession born out of guilt over slavery, is bolstered by dishonest power brokers epitomized by Soros, who see endless opportunities to feather their own nests from a socialist order.
The sad truth is that the West has now embraced the philosophy that people should give according to their capacity and take according to their need. The mistake that Lenin made was to think that the only way to achieve this end was through revolution. He did not realize that given time people follow like sheep to embrace Communist principles even in a democracy if the truth is not revealed to the majority by political manipulation and by their ignorance.