How did we get here? "Part 1", The current state of our Union by Phil Branch

There are so many questions to ask regarding how this wonderful United States has evolved into the convoluted mess we call a government today. This quagmire includes but not limited to an out control deficit fueled by amongst other things, unsustainable entitlements. There is also the war; highest fuel prices in our history; laws created that continually take away our freedoms. Then there is the darkest cloud looming overhead the indirect dispersion of Christianity on which our government was founded. We surely are being guided towards a Socialist government.

This article will touch on our country's economic policy or lack there of.

Our Economy
Economy!? That’s surely like an oxymoron. It seems no matter which news broadcast we listen to there is almost always a story about the state of our economy. The big story is our government created deficit which is fueled by of the “Federal Reserve.” This organization which is about as federal as a bag of cheese puffs continually drives inflation by printing more and more “IOU’s” otherwise known as “currency.” This "Fiat" monetary system feeds inflation by paying for thousands of government unsustainable entitlements. Looking forward this Robin Hood plan of robbing the middle class and giving to the poor appears to have no end. Then there is the monetary aid to many foreign countries that do not support us and will likely never pay us back. This socialized system using Fiat currency has no foundation or equity other than taking future monies from the “tax paying” citizens. This creates a horribly unbalanced “balance sheet”, yet so many of our law makers are continually proposing more legislation to spend more money that United States simply does not have. That is unless the fed keeps printing. This vicious cycle will drive the value of our savings and investments downward and further reduce the value of the dollar thereby causing hyper inflation. Thomas Jefferson is reputed to have said that, “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property [emphasis mine] until their children will wake up homeless on the continent their fathers conquered.”

Definition of Fiat Currency
Federal Reserve (Informative)
Origin of the Federal Reserve (a must read)
How Politicians Pervert the Law and Liberty is The Casualty

Added 12/17/2008.. Below is a video link with Fred Thompson giving a very sarcastic presentation regarding the current financial mess our country is in, how we got here and what can we do to fix it. He's the man that should be President-elect!

“Ask not what your country can spend for you … ask what you can spend for your country.”

The facts above give us all Billions or rather Trillions of reasons to voice our disdain to our lawmakers and “Vote perhaps like you have never voted before.”