Friday, February 20, 2009

The Prophets

Forgive me if this post is not organized, remember that I am practicing here. If you glossed over it the first time, read the quote at the top of the page.

While the rule of law in Rome was being threated 2064 years ago, Cicero saw a pseudo-dictatorship under Julius Ceasar which threatened the law that he believed in. Regardless of whether or not you agree with the philosophy of Cicero, he saw that debt had no place and no benefit within the government. Our government has told us that debt is the only way out of this recession, while at the same time saying that debt is what got us here. Huh?

Our constitution lays out the rule of law that guides our country. By its guidance, the United States of America has grown into (arguably) the most powerful nation on earth (at this time). Our founders saw the evils that philosophers like Cicero have recognized for thousands of years and created a nation that, unless it strayed from the law that founded it, would continue to grow and prosper. Yet it seems clear to me that our country has forgotten that law and decided that we know a better way.

If someone came to you and warned you of a future disaster, of which seemed unlikely, and you dismissed their opinion becuase you didn't like the values and the message that they were preaching; but what they predicted happened, would you ever listen to them again?

Economist Thomas Woods, a senior fellow at the Ludvig von Misus Institute, follows an economic model that predicted the state of our economy. Peter Schiff called the collapse of the housing market a year or more before it happened. What do these people know that we don't? Scores of really smart people, who have studied the economy their entire lives have seen this collapse coming based on the actions that our government has taken. Not just "the mistakes of the last 8 years", but the mistakes of the last 30, 40, 50 years and longer.

I don't know nearly enough about these modern day "prophets", right now that is not the point. But I do want to hear what they have to say next. People in the media, the government and regular joes like you and me have ignored the people predicting these downturns because they are "crazy", not inline with popular thought, pessimistic, using fear to sell their ideas, etc...

Should we continue to ignore economists because we don't like the message they bring? The economists guiding our countries policies at the moment had no idea what was coming. Shouldn't we be consulting the minds that predicted what was happening and use some of their ideas to take us on a new path. I thought we voted for change?

The challenge here is educating yourself so that you can decide. I refuse to believe that because someone is elected by the people to a position of power that they are smarter than me because of their position and more capable of making a decision that best benefits our country. It's time for a self-education revolution. The first step towards making a difference is being aware of the issues the country faces and educating yourself about them.

No comments:

Post a Comment