PHOENIX, Oct. 15, 2013 /PRNewswire/ — In 1913 America fell under the spell of an addictive European collectivist ideology called Progressivism that took our nation on a 100-year detour away from the sound money and values of America’s Framers.
In 2013 millions of Americans are snapping out of this hypnotic spell. Today’s political and social turmoil are caused by the withdrawal symptoms of kicking the Progressive addiction to government dependency, write renowned monetary expert Craig R. Smith and former think tank futurist Lowell Ponte in their fourth book.
Millions now see that we have been living in a dream world, an illusion of prosperity conjured with unreal paper money, a stock market addicted to the drug of a trillion stimulus dollars per year, zombie economics and mind-control politics.
A century ago President Woodrow Wilson imposed an unequal Progressive income tax to redistribute the nation’s wealth, and a Federal Reserve system to begin replacing America’s good-as-gold dollars that politicians could not freely print with a new paper “elastic currency” they could conjure out of thin air to buy votes.
After 100 years of Progressivism, 67 percent of tax dollars are now spent for “transfer payments” from your wallet to somebody else’s. Today’s dollar has only two pennies of the purchasing power of the 1913 dollar.
Progressivism promised to build a utopia through science, technology and government social engineering by an elite purportedly far smarter than the rest of us.
What Progressives created can be seen in their “workers’ paradise” Detroit – a jungle of violence, strife, corruption and sky-high taxes from which more than a million former residents have voted with their feet to flee. Progressivism is an intellectually, morally and financially bankrupt ideology.
Yet Progressives like President Barack Obama keep trying to turn America into Detroit by increasing dependence on government. Today, nearly half of American households include someone who gets a government check.
Today’s Progressives, fearful that their power is slipping away, are grabbing for total power by using the Internal Revenue Service as a political weapon, massive surveillance, and regulatory power to silence critics.
Smith and Ponte explain prudent steps people can take to restore our nation’s founding values and protect their families and savings through decentralized technologies and diversification.
“You and I have a rendezvous with destiny,” said Ronald Reagan. “We’ll preserve for our children this, the last best hope of man on Earth, or we’ll sentence them to take the last step into a thousand years of darkness.”