Hoosier Nation - Hoosier Economics

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America's economic foundation was originally built on agriculture, industry, and innovation.  Over the last century, this foundation has been steadily eroded.  The family farm gave way to agribusiness.  The manufacturers went overseas.  Rather than the practical and technological innovations of Henry Ford and William Shockley, America now innovates the financial instruments of Michael Milken and Bernie Madoff.  Where we were once the world's creditor, we are now the world's debtor.  Where we were once the world's exporter, we are now the world's importer.

While our trading partners have jealously protected their industries, America has been held hostage to the dogma of "free trade" and globalism.  Even industries which are vital to our national security are carelessly shipped off to our rivals.  Even our farms are now tilled by third world invaders at the behest of global corporations.  We once enjoyed the independence and security that only working off of the land or earning an honest day's wage for an honest day of work allowed us.  Now we are more and more frequently resigned to working multiple service jobs as we struggle to avoid foreclosure and repossession.

Millions of American workers have been forced to trade in their overalls for fast food uniforms.  Millions of Americans who once truly owned land now either rent apartments or pay mortgage payments to the faceless global conglomerates that actually own everything.  Even those who truly own their land are bled dry by spiraling property taxes.  The theft of our country is not some abstract thing.  Chances are that your home, your car, and much of the rest of what you "own" is only yours at the discretion of the money changers who wield the ability to seize it from you as soon as you fall on hard times.

Americans are inclined to fall back on their Protestant instincts, blaming themselves for becoming decadent, not working hard enough, not saving, investing, and scrimping diligently enough.  There is some truth in this, and it is true that our predicament is ultimately our fault.  But our culpability originates in our failure to defend our monetary system and our treasury from opportunistic financiers.  Even our new "consumer culture" can be largely traced back to enticements and propaganda bought by the parasites to induce more bleeding.

When our country signed on to the Federal Reserve Act in 1913, we put the welfare and ultimate fate of our nation in the hands of private banking interests.  Since that fateful decision, our monetary system has been driven away from honest money in the form of commodities and toward debt currency.  Steadily and patiently, the moneychangers have lured us into a system which is bleeding us dry.

We must now work at a feverish pace just to pay the interest on the trillions of debt amassed by previous generations.  We must now borrow trillions from our rivals, increase taxes, conjure up new taxes, and inflate the money supply just to escape the threat of foreclosure on a global scale - a crushing depression.  We are encouraged to fork over tens of thousands to get college degrees because it's harder to support your family without a degree.  Then the bar is raised even higher, and even a four year degree no longer guarantees a decent living wage.

There is, however, a way out.  If Indiana secedes, repudiating the federal deficit and switching over to honest money, then within a matter of years, we can recover.  By returning to our founding principles, we can very rapidly regain both liberty and prosperity.  Contrast the wise counsel of Ben Franklin, of avoiding unnecessary spending and patiently investing with the counsel of the international bankers and their Keynesian stooges who claim that excessive consumerism, consumption, and credit are the solution.

In fact, Ben Franklin claimed that the American Revolution was largely propelled by the same situation Indiana now finds itself in relative to our federal government –

The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of colonists to get power to issue their own money permanently out of the hands of George the III and the international bankers was the PRIME reason for the Revolutionary War.

There are multiple valid perspectives on every sizable issue, and it's inappropriate to entirely frame our predicament in strictly economic terms.  However, our capitulation to debt slavery is a primary cause of our current financial misery.  Moreover, it is the primary source of funds for our opponents to wield in the other fronts.  It's the primary reason why piles of books, hours of cable news shows, and reams of print media are produced in defense of their institutionalized embezzlement while patriots like Dr. Ron Paul have to rely on YouTube videos and volunteers to try to reach people with the truth.

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