Will the American people be guillable enough to buy Paulson's plan? Without a doubt.
There might be some tweaking here and there but the basic plan will pass. It's just the next chapter in the socialization of our country. I am reminded of Frederick Hyack's "The Road to Serfdom". As you look at what has happened to this country since Woodrow Wilson passed the Federal Reserve Act and the Income Tax we have steadfastly progressed along the lines of Karl Marx's plan. This is but another gigantic step in that direction.
Unfortunately, I do not believe it is possible to turn this supertanker around. The direction is established. Reagan was able to turn it around for a short time but I think that time has passed. Democracy doesn't work. Were it possible to go back to the original intent of our Founders and return to a Republic we might have a chance, but I think only a revolution will do that and that would likely turn into a dictatorship.
There might be some tweaking here and there but the basic plan will pass. It's just the next chapter in the socialization of our country. I am reminded of Frederick Hyack's "The Road to Serfdom". As you look at what has happened to this country since Woodrow Wilson passed the Federal Reserve Act and the Income Tax we have steadfastly progressed along the lines of Karl Marx's plan. This is but another gigantic step in that direction.
Unfortunately, I do not believe it is possible to turn this supertanker around. The direction is established. Reagan was able to turn it around for a short time but I think that time has passed. Democracy doesn't work. Were it possible to go back to the original intent of our Founders and return to a Republic we might have a chance, but I think only a revolution will do that and that would likely turn into a dictatorship.
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