I have thought for a very long time that our country is about to go bottom up. So what are the signs I am basing my views on?
I believe that we are broke and it is only a matter of a few years before our money will be worthless, our property will be confiscated by the Federal Reserve and we will be slaves to a dictator. In the year 1913, when most of our lawmakers were away from Washington, D.C., the Federal Reserve (actually a private bank), with no connection to our government, took over our money and at the same time had Congress (men who were present in Washington at the time) start the income tax. The legality of this tax is still under question.
Few people living now remember the Great Depression of 1929, believed, by some, to have been orchestrated by the Federal Reserve to see what would happen when people went bankrupt. Since the people did not understand what happened, there was no uprising, only confusion. Since Herbert Hoover was then president, he was blamed and lost his re-election to Franklin D. Roosevelt in 1932.
Many new government programs were started, WPA and others, to help the people survive. Other programs began to form over the coming years -- Social Security, welfare, health care. etc. This was the beginning of our social programs; I call it socialism.
Politicians were elected on the promise of great free rewards. We became dependent on our government instead of ourselves. Programs are so big and expensive, with wasted tax money, we are now overspent by about $8.5 trillion or more with no end in sight. Due to the apathy and dependence of our citizens, most of you will be surprised! I hope I am wrong, but it does not look good. I was 5 years old when Roosevelt was elected.
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Norman L. Onstad
New London