It Doesn't Take a Degree in Rocket Science to Understand Simple Economics

It's not so very difficult to understand what will be different about the current American way of life, in regard to U.S. economic policy and federal government regulation, with the election of Mitt Romney, Newt Gingrich, or Rick Santorum as President. With the election of either one of these three candidates, you won't see any real differences at all. Nothing will change. The election will come-and-go, the President-Elect will attend to his ceremonious and pretentious pomp-and-circumstance in the usual regal fashion, as though he were a king, actually making much ado about nothing. Then the inauguration will occur in early January, and nothing governmentally consequential will happen in the immediate following days. Inflation will continue to rise, and the Federal Reserve will continue to make this awful thing happen as the value of the American dollar will continue to fall even lower than what it was in 2012. The size of the federal government will not diminish. If anything, it will proliferate in its size and in its regulatory control over the lives of American citizens, as federal spending will, in all probability, increase with an inexorable increase in the federal debt.

Furthermore, the U.S. Congress will continue to enjoy its liberally elite regal benefits at the expense of the income-tax-paying U.S. citizenry, benefits hardly enjoyed by the masses. The Legislative Branch will also continue the inexorable process of creating laws and resolutions not 'necessary' and proper to the execution of their constitutional Article 1, Section 8 powers, and will continue to expand the regulatory functions of the federal government into matters forbidden by the U.S. Constitution's 10th Amendment. Similarly, the President, or the Executive Branch, will continue producing unconstitutional executive orders, in the despotic legislation, execution, and interpretation of its own self-serving laws, which clearly defines the epitome of tyranny. Unconstitutional Executive military police actions will also continue unabated as de facto undeclared wars against other nation-states, such as Lybia and Iran-to-be, are unilaterally created by military interventions, as Congress will continue to ignore the fact that it, alone, has the constitutional power to declare war.

Following in lock-step, the U.S. Supreme Court will continue to politically exert itself as an activist policy-making quasi-judicial entity over matters not constitutionally reserved to the federal government by the 10th Amendment, such as abortion, religious liberty, education, and the many other matters that should be left-up to the States to determine. Why do I say a quasi-legal entity? When the branch of federal government responsible for maintaining constitutionality begins to declare constitutional what is clearly unconstitutional, it becomes inept and contrary to its intended purpose. Moreover, the venerable outcry of U.S. Supreme Court Justice William O. Douglas in his lone dissenting vote against the activist Warren Court ruling in Terry v. Ohio, (1968), which altered the 4th Amendment by fiat and not by constitutional amendment, is well remembered. He said, paraphrased, '. . . if the Constitution is to be changed, let it be by the will of the people in the amendment process, not by this court, in order to avoid going down the road to totalitarianism. . .'

Without any regard to natural law, the global economy will be bolstered by continued outsourcing of jobs by American corporations and companies to foreign nation-states for the sake of cheap labor. These are jobs that should be given, instead, to American citizens. Outsourcing is utterly inimical to the economic liberty and freedom of all American citizens, and is immoral to the essence of natural law for the mere sake of corporate greed and profit. The freedom to create a corporation in the United States should incur a legal and moral responsibility, of the owners and directors of that corporation, to find its employees from the many unemployed members of the American workforce. If the corporation is multi-national, American workers should be sent abroad as the corporations' employees.

The saddest thing though that will remain the same, or become worse, with the election of Mitt Romney, Newt Gingrich, or Rick Santorum, are the unreasonable expectations of the many American citizens for the federal government to continue doling-out billions of dollars in federal entitlements, health, education, business, and countless other benefits our forebearers would not have expected of any government in the 19th Century. this was the era in which America flourished with a robust free-market economy and a spirit of self-reliance in the hard-working Americans who triumpantly quipped, 'What's hard we get done right away. What's impossible just takes a little longer.'

For some obtuse reason, 60 percent-or-more of the American people have, in the last 80 years, have come to expect the federal government to provide for them the things our fathers consistently provided for themselves. Of course, unless a person is taught the work ethic by his, or her, parents, that person will ultimately grow-up with his hand extended, expecting government to do things for him. Examples of American self-reliance are worth thousands of words, but, as the facts reveal, Mitt Romney grew-up rich and affluent, and really knows nothing about self-reliance and independently pulling himself up by his bootstraps. He was much like George W. Bush, liberally financed by a rich dad who wanted to see his boy succeed, who invested a lot of money to see it done.

Newt Gingrich, believe it or not, has pretty much abandoned the fundamental principles of thrift and the capitalism embraced by Adam Smith, which he might have been taught and knew at one time. Newt has done this for the sake of political pragmatism and self-serving interests. He has used his former role as U.S. Speaker of the House, a temp job that he acquired as a result of his political popularity in Congress, in order to obtain enrichment by serving corporations and companies as a congressional lobbyist. Instead of using his, not so apparent, expertise in history to attain stature as a professional academician at an American university, after leaving Congress, Gingrich still relishes being called speaker, as Jimmy Carter, George I, Dubya, and Slick Willy really like to be called President, even though they are not. These particular men attained wealth and affluence while in federal service, and are currently using their wealth and affluence to get greater wealth and greater affluence, instead of getting real jobs in the private-sector. Gingrich is nothing at all like the great House Speaker Sam Rayburn was, who once said,

"When I became a member of the law firm of Steger, Thurmond and Rayburn, Messrs. Thurmond and Steger were representing the Santa Fe Railroad Company, receiving pay monthly. When the first check came after I entered the firm, Mr. Thurmond brought to my desk one-third of the amount of the check, explaining what it was for. I said to him that I was a member of the Legislature, representing the people of Fannin County, and that my experience had taught me that men who represent the people should be as far removed as possible from concerns whose interests he was liable to be called on to legislate concerning, and that on that ground I would not accept a dollar of the railroad's money, though I was legally entitled to it. I never did take a dollar of it. I have been guided by the principle in all my dealings."

It's not simply a matter of being Democrat, Republican, Libertarian, or Independent, as a political affiliation, or being conservative or liberal, that's ultimately important in American government. It's rather the consistent adherence to a firm standard of correctness (or the federal rule book), the U.S. Constitution, and a committment to maintain keen moral integrity, that's important in the effective keeping of a republic by its officers. As Romney and Gingrich portray themselves as servants of the people, the people they are, supposedly, serving hardly realize that their pragmatic behaviors indicate self-serving interests, and more regard for what will maintain the economic and governmental status quo than what will ensure a restoration of constitutional government. Rick Santorum is really no different, because he has not affirmed a commitment to constitutional government in the debate banter that he has so far conveyed to the public. If he were elected, the current status quo would certainly be maintained through his sophistic legalism, for he has found no disfavor with the Fed, the IMF, or the continuing devaluation of the U.S. dollar.

No, it doesn't take a rocket science degree for a person to understand the basic rules for a good working free market economy and sound republican government. The Constitution wasn't written for lawyers and philosophers, but for farmers, carpenters, masons, and backsmiths, the ordinary American citizens. Before the death of Benjamin Franklin, the elder statesman made a comment about preserving the intent of the U.S. Constitution. He said, 'To maintain the republic as we have set forth in the Constitution to do, it will be necessary to strictly abide by its rules and constraints, to do no more, or no less, than what is set as law for the legislative, executive, and judicial branches. If future sophists in our government persuade the future Congresses that these rules and constraints are not set in stone, the years and decades will tell the demise of our republic.'

Good common sense, and a basic understanding of liberty, freedom, and natural law, is all that is necessary for a normal voter to understand what's really at stake in the 2012 General Election, and that the only Republican presidential candidate who will NOT seek to perpetuate the economic and governmental status quo, but to restore constitutional government to the republic, is Rep. Ron Paul. He is the only candidate who will be able to go toe-to-toe with Barack Obama, and soundly thrash him in the election. This is simply because the other Republican candidates are pretty much just like Barack, especially Mitt Romney.

The essence of good republican government can be lost in a lot of needless rhetoric explaining the myths surrounding Keynesian economics and federal government regulation with convoluted charts and graphs. Some people will say that a return to the day when the Hershey chocolate bar was 5 cents is not possible. But these same people won't even attempt to explain why the price of a Hershey bar was 5 cents or less for over 60 years, and then increased over 1,300 percent in price in less than 40 years. They will cleverly try to evade the issue of what happened in the 1970s, with Nixon's abolition of the gold and silver standards, and the replacement of the silver certificate with the Federal Reserve note. The facts reveal that the Federal Reserve System, and its Board, is predicated totally upon national debt and worthless money. The interest rate that Ben Bernanke is always talking about is the percentage at which the federal government is charged by the Fed for using the money produced by the Fed, and the Fed is just about as federal as Federal Express.

Ron Paul wants to abolish the Fed, just as President Andrew Jackson refused to recharter the Bank of the United States in 1825, seeing that it was an unconstitutional entity. Dr. Paul wants to see the U.S. Congress resume its Article 1, Section 8 constitutional mandate of coining U.S. money and determining its value. Inflation is purely a political creation, an aberrational monstrosity that doesn't have to occur in a sound economic system, such as the one born with the advent of the U.S. Constitution. Ron Paul wants to see the U.S. dollar returned to at least 90 percent of its 100 penny value. This would involve re-establishing the gold and silver standards and extracting the United States and its currency from the global economy and the International Monetary Fund, for the benefit of the people of the United States. For the American economy should be sovereign, for the exclusive benefit of only U.S. citizens, per the Preamble to the U.S. Constitution. If this is done, a loaf of bread will be 50 cents again, a gallon of milk will be around 50 cents, and a gallon of gasoline will again be under
one-dollar. And, amazingly, a Hershey will again be 5 cents!