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According to the Congressional Budget Office (CBO), 2021 will be the second year in a row in which the federal debt exceeds Gross Domestic Product (GDP). CBO also projected that this year’s federal deficit will be 2.3 trillion dollars, which is 900 billion dollars less than last year. However, CBO’s projections do not include the 1.9 trillion dollars “stimulus” bill Congress is likely to pass.

The CBO’s report was largely ignored by Congress and the media. One reason the report did not get the attention it deserves is Federal Reserve Chairman Jerome Powell’s continued commitment to making sure Fed policies enable Congress to spend as much as Congress deems necessary to address the economic fallout from the coronavirus panic.

As financial analyst Peter Schiff points out, the Fed’s commitment to ensuring the government can run up massive debt means the Fed will not allow interest rates to increase to anywhere near what they would be in a free market. This is because increasing interest rates would cause the federal government’s debt payments to rise to unsustainable levels. Yet, the Fed cannot admit it is going to keep rates near, or even below, zero indefinitely without unsettling the markets. So, the Fed continues to promise interest rate hikes in the future and the markets pretend to believe the Fed. When (or if) the lockdowns end, the Fed will find a new crisis justifying “temporarily” keeping interest rates low.

The Federal Reserve has not just endorsed massive federal spending, Fed Chairman Powell has also endorsed masks, vaccines, and social distancing to defeat the coronavirus and restore the economy. It is disappointing, but not surprising, to see the Fed go full Fauci.

The overreaction to coronavirus is a cause of the explosion in federal spending and debt we have witnessed over the last year. However, federal spending already greatly increased from January 2017 until the lockdowns. This spending growth occurred under a Republican president, a Republican Senate, and, from 2017 to 2019, a Republican House. One bright spot in Democratic control of the presidency and both houses of Congress is more Republicans will fight excessive spending and claim to be “deficit hawks.”

Republican hypocrisy in claiming to care about spending and debt only when a Democrat sits in the Oval Office is one reason why Democrats can so easily disregard debt. Another reason is the left’s embrace of Modern Monetary Theory. Modern Monetary Theory is the latest version of the fairy tale that politicians need not worry about debt and deficits as long as the central bank can monetize the federal debt.

Unless the government changes course, America will experience a crisis greater than the Great Depression. The crisis will include a final rejection of the dollar’s world reserve currency status. There will also be much increased price inflation. At that point Congress will have no choice but to limit spending, although it will try to hide cuts in popular entitlement programs by “adjusting” government measures of inflation. Congress could then blame the Fed for the reduction in value of government benefits.

Those who know the truth have two responsibilities. First, ensure they and their families are protected when the crash comes. Second, redouble efforts to spread the ideas of liberty and grow the liberty movement so politicians are pressured to cut spending and debt and to end the Fed.

 
• Category: Economics • Tags: Federal Reserve, Government Spending 

Last Thursday President Biden continued what has sadly become a Washington tradition: bombing Syria. The President ordered a military strike near the Iraqi-Syrian border that killed at least 22 people. The Administration claims it struck an “Iranian-backed” militia in retaliation for recent rocket attacks on US installations in Iraq.

As with Presidents Obama and Trump before him, however, Biden’s justification for the US strike and its targets is not credible. And his claim that the US attack would result in a “de-escalation” in the region is laughable. You cannot bomb your way toward de-escalation.

Biden thus joins a shameful club of US leaders whose interventions in the Middle East, and Syria specifically, have achieved nothing in the US interest but have contributed to the deaths of many thousands of civilians.

President Trump attacked Syria in 2018 in what he claimed was retaliation for the Assad government’s use of chemical weapons against its own citizens. The Trump Administration never proved its claim. Logic itself suggests how ridiculous it would have been for the Syrian president to have used chemical weapons in that situation, where they achieved no military purpose and would almost certainly guarantee further outside attacks against his government.

Trump’s 2018 attack only added to the misery of the Syrian people, who suffered under US sanctions and then suffered President Obama’s “Assad must go” intervention that trained and armed al-Qaeda affiliated groups to overthrow the government.

Trump’s airstrike on Syria did nothing to further real American interests in the region. But sending in 100 Tomahawk missiles to blow up a few empty buildings did a great deal to further the bottom line of missile-maker Raytheon.

Interestingly, Biden’s Secretary of Defense came to the Administration straight from his previous position on the board of, you guessed it, Raytheon. Libertarian educator Tom Woods once quipped that no matter who you vote for you get John McCain. Perhaps it’s also fair to say that no matter who you vote for you get to enrich Raytheon.

The Democrats wasted four years trying to remove Trump from office under the bogus “Russiagate” lie and then the equally ridiculous and discredited claim that Trump led an insurrection against the government on January 6th. Yet when Trump started raining bombs down on Syria with no Congressional declaration of war or even authorization, most Democrats stood up and cheered. Left-wing CNN talking head Fareed Zakaria swooned, “I think Donald Trump became president of the United States last night.”

In fact, initiating a war against a country that did not attack and does not threaten the United States without Congressional authority is an impeachable offense. But both parties – with a few exceptions – are war parties.

President Biden should be impeached for his attack on Syria, as should have Trump and Obama before him. But no one in Washington is going to pursue impeachment charges against a president who recklessly takes the United States to war. War greases Washington’s wheels.

Isn’t it strange how we’ve heard nothing about ISIS for the past couple of years, but suddenly the mainstream media tells us the ISIS is back and on the march? When President Biden says “America is back,” what he really means is “the war party is back.” As if they ever left.

 

Last week Texas experienced a cold snap that resulted in serious statewide damage, death, and destruction. The collapse of the state’s energy grid left millions of Texans in the dark and freezing for days at a time. Tragically, at least 30 people died.

There are many reasons why Texas became like a Third World country, and we should be careful not to pin all the blame on just one factor. But it seems clear that the disaster was to a large degree caused by political decisions to shift toward “green” energy generated from solar and wind and by Governor Abbott’s authoritarian Covid restrictions.

Abbott, who won a “wind leadership” award just this month, oversaw the near-collapse of wind energy generation last week. Yet the politicization of energy generation in favor of “green” alternatives over natural gas and other fossil fuels has led to the unintended consequences of freezing Texans facing multiple millions of dollars in property damage and worse.

Additionally, federal emissions and other restrictions forced Texas to beg Washington for permission to generate power at higher levels in anticipation of unprecedented demand. Governor Abbott finally received permission from the Department of Energy on February 14th, but by then many facilities found themselves off-line due to freezing conditions.

Why should the Federal government be allowed to freeze Texans to death in the name of controlling emissions from energy generation plants? It’s a classic example of politics over people. I guess if you want to make a “Green New Deal” omelet, you have to break a few eggs.

While Governor Abbott was quick to blame energy generators and even the state Electric Reliability Council of Texas, NBC News in Dallas reported that ERCOT “did not conduct any on-site inspections of the state’s power plants to see if they were ready for this winter season. Due to COVID-19 they conducted virtual tabletop exercises instead – but only with 16 percent of the state’s power generating facilities.”

Governor Abbott’s authoritarian Covid executive orders at least indirectly led to lax inspection, maintenance, and winterization of wind and other energy generation plants.

But Texas did not only freeze because of Abbott’s Covid restrictions. For the better part of a year thousands of businesses have been destroyed. Recovering drug addicts and alcoholics have relapsed. Depression and suicides have skyrocketed. Children have been deprived of education.

And for what? Texas with Abbott’s restrictions fared no better than Florida with no restrictions when it comes to Covid cases and deaths. The Texas governor knew that months ago when the data from Florida proved that lockdowns, masks, and other restrictions had no effect. But he refused to change course. He refused to follow the brave lead of Florida Governor Ron DeSantis and open Texas completely.

Politicians too stubborn or fearful to change course when facts dictate otherwise do not deserve to remain in office. Governors Gavin Newsom in California and Andrew Cuomo in New York are finally facing consequences for their Covid authoritarianism. When the smoke clears – and it is rapidly clearing – many more of these petty tyrants will fall. That list of deposed Covid tyrants may well include Texas Governor Greg Abbott – and the slumbering Texas state legislature – as well.

Let’s hope Texans – and all Americans – will learn from this and more forcefully demand their God-given liberty!

 
• Category: Economics • Tags: Deregulation, Environment, Global Warming, Texas 

Last week’s second impeachment trial of former President Trump should serve as a warning that something is very wrong in US politics. Far from a measured, well-investigated, rock-solid case against the former president, America was again abused with day after day of character assassination, innuendo, false claims, and even falsified “evidence.”

The trial wasn’t intended to win a conviction of Trump for “incitement” because the Democrats already knew that the votes were not there. So, just as with the last impeachment trial, the goal was to fling as much dirt at Donald Trump as they could while the cameras were rolling. Their hatred of Donald Trump is so deep and visceral that probably a psychologist would have been more beneficial to them than yet another impeachment trial.

It would be incorrect to say that the House managers’ case fell apart, because they had no case to begin with. They never had a case because they made no effort to develop a case. The Chief Justice of the Supreme Court saw from the beginning that this was no legitimate impeachment trial and informed Senate Majority Leader Chuck Schumer that he would not preside. Without the Chief Justice, there was no Constitutional impeachment trial. So they put on a show trial instead.

As Constitutional law professor Jonathan Turley kept asking, why didn’t the House schedule a single hearing to investigate what really happened up to and on the day of the Capitol melee on January 6th? They had weeks to do so. Professor Turley believes they might even have been able to make a decent case if they had tried.

Why did they not call witnesses? Were there no rioters who could be called to explain under oath how Trump’s speech had inspired them to enter the Capitol building to overturn the election?

Were they afraid that under cross-examination we might have found out more about Trump chief of staff Mark Meadows’ claim that Trump offered to deploy 10,000 National Guard troops in Washington before January 6th but that his offer was rebuked? What about reports that Capitol Hill Police were left without back-up and unprepared for what happened? House and Senate leadership is responsible for security at the Capitol and they obviously failed. Why?

The House and Senate Democrats (and a few Republicans) did not succeed in their ultimate goal: preventing Trump from ever running again for political office. But that doesn’t mean they are giving up. They are not about to give citizen Trump a moment of peace. They are intent on continuing their witch hunt but it looks less and less like any desire for justice. It looks like fear. They are afraid if he is allowed to run again he may be elected. So they cannot allow that vote to happen.

And they accuse Trump of undermining democracy.

There were a number of reasons to impeach and convict President Trump while he was in office. Bombing Syria on bogus grounds without authorization was one of them. But Democrats love war as much as Republicans so they weren’t about to uphold their Constitutional obligations.

Impeachment 2.0 may be over, but those blinded by hatred for Trump are not about to give up. They are irrational and obsessed. They are also dangerous.

 
• Category: Ideology • Tags: Democratic Party, Donald Trump, Impeachment 

The Senate trial for now twice-impeached former President Donald Trump is set to begin this week, with little doubt over the outcome. A procedural vote in the Senate on the constitutionality of “removing from office” someone who is not in office revealed that nowhere near enough Republicans were willing to join their Democrat counterparts in voting to convict.

Supreme Court Chief Justice John Roberts, who is required by the Constitution to preside, has by refusing to participate made it clear that he does not consider the upcoming action in the Senate to be a legitimate impeachment trial.

So if it is not a legitimate trial, what is it, then? Judging from the House impeachment resolution, it looks more like a banana republic “show trial” than a careful case detailing Trump’s “high crimes and misdemeanors.”

Trump was impeached by the Democrat-controlled US House for “incitement of insurrection” over the January 6th melee at the US Capitol. Telling his supporters they must fight or they’re “not going to have a country any more” was cited in the impeachment resolution as evidence that Trump “gravely endangered the security of the United States and its institutions of Government” and has “demonstrated that he will remain a threat to national security, democracy, and the Constitution if allowed to remain in office.”

Trump also told them to march to the Capitol “peacefully and patriotically” to encourage Congress to consider his claims of election fraud, but Democrats in the House say that he didn’t really mean it.

Why the snap impeachment? Why not, as Constitutional law professor Jonathan Turley has written, hold hearings and call witnesses to explore whether the former president actually had insurrection on his mind? Did he call off or delay the National Guard troops from protecting the Capitol, for example?

Or was he simply using heated political rhetoric that his accusers in Congress have also used plenty of times?

Weeks of hearings in the House with dozens of witnesses could have helped make the case for the Senate that Trump was guilty of inciting insurrection. Such hearings could have turned the tide against Trump in the Senate, where he is certainly not universally supported within his own party.

But the House had no interest in such hearings. They wanted a snap impeachment. They wanted no witnesses. They wanted to benefit from the universal mainstream media narrative that the mob who entered the Capitol building was not just unruly Americans angry over what they believed was a rigged election, but was actually trying to overthrow the government to keep Trump in power.

The House Democrats knew that the “insurrection” narrative would not stand the test of time – anyone familiar with “color revolutions” or coups overseas would easily recognize that this was not one. So they rushed through the impeachment not because they wanted to remove him from an office he no longer occupied, but because they wanted to bar him from ever running for office again.

It does raise the question: what are they afraid of? They called their impeachment a victory for democracy, but isn’t preventing Trump from running again a subversion of democracy?

Trump would do well to ignore the Senate proceedings. There is no reason to participate in a show trial. The media has reported that he intends to focus on the “stolen” election in his defense before the Senate. That would be counterproductive. The right question to ask is, “what if they held a show trial and nobody came”?

 
• Category: Ideology • Tags: 2020 Election, Donald Trump, Impeachment 

The Department of Homeland Security issued on Wednesday a nationwide terror alert lasting until April 30. The alert warns of potential terrorist attacks from Americans who are “ideologically motivated” and have “objections to the exercise of government authority and the presidential transition, as well as other perceived grievances fueled by false narratives.”

The language used in this alert suggests that millions of Americans are potential terrorists. Second Amendment supporting, antiwar, anti-tax, anti-politics, anti-militarization, pro-life, and anti-Federal Reserve activists certainly have “objections to the exercise of government authority.” They are certainly viewed by the political class and its handmaidens in big tech and the mainstream media as ideological extremists. Anyone who gets his news from sources other than mainstream media or big tech, or who uses certain “unapproved” social media platforms, is considered to have had his grievances “fueled by false narratives.” For something to be considered a false narrative, it need only contradict the “official” narrative.

The “domestic terrorist” alert is the latest sign that activities on January 6 on Capitol Hill, like the attacks of September 11, 2001, are being used to advance a long-standing anti-liberty agenda. Legislation expanding the federal government’s authority to use its surveillance and other unconstitutional powers against “domestic terrorists” is likely to soon be considered by Congress. Just as the PATRIOT Act was written years before 2001, this legislation was written long before January 6. The bill’s proponents are simply taking advantage of the hysteria following the so-called insurrection to push the bill onto the congressional agenda.

Former CIA Director John Brennan recently singled out libertarians as among the people the government should go after. This is not the first time libertarians have been smeared. In 2009, a federally-funded fusion center identified people who supported my presidential campaign, my Campaign for Liberty, or certain Libertarian and Constitution parties candidates as potentially violent extremists.

The idea that libertarianism creates terrorists is absurd. Libertarians support the non-aggression principle, so they reject using force to advance their political goals. They rely instead on peaceful persuasion.

Libertarianism is being attacked because it does not support just reforming a few government policies. Instead, it presents a formidable intellectual challenge to the entire welfare-warfare state.

The ultimate goal of those pushing for a crackdown on “domestic terrorism” is to make people unwilling to even consider “radical” ideas — to make people so afraid of certain ideas that they refuse to even give those ideas a fair hearing.

Progressives who are tempted to support what is being promoted as a crackdown on right-wing violence should consider the history of government harassment of progressive movements and leaders such as Martin Luther King, Jr. What do they think a future right-wing authoritarian would do if given power to go after “ideological extremists”?

All Americans who cherish the Bill of Rights should come together to stop this latest crackdown on liberty. My Campaign for Liberty will be mobilizing Americans to stop passage of any domestic terrorism legislation, while my Institute for Peace and Prosperity and my Liberty Report will provide Americas with the most up-to-date information about the continuing attempts to smear those who speak the truth about government lies.

(You can watch the Ron Paul Liberty Report live on YouTube Monday-Friday at noon, eastern time.)

 

Almost immediately after his inauguration, President Joe Biden began creating new government dictates via executive orders. Many of these executive orders concern coronavirus, fulfilling Biden’s promise to make ramping up a coronavirus-inspired attack on liberty a focus of his first 100 days.

One of Biden’s executive orders imposes mask and social distancing mandates on anyone in a federal building or on federal land. The mandates also apply to federal employees when they are “on-duty” anywhere. Members of the military are included in the definition of federal employees. Will citizens of Afghanistan, Iraq, and other countries where US troops are or will be “spreading democracy” be happy to learn the troops shooting up their towns are wearing masks and practicing social distancing?

Another one of Biden’s executive orders forces passengers on airplanes, trains, and other public transportation to wear masks.

Biden’s mask mandates contradict his pledge to follow the science. Studies have not established that masks are effective at preventing the spread of coronavirus. Regularly wearing a mask, though, can cause health problems.

Biden’s mask mandates are also an unconstitutional power grab. Some say these mandates are an exercise of the federal government’s constitutional authority to regulate interstate commerce. However, the Constitution gives Congress, not the president, the power to regulate interstate commerce. The president does not have the authority to issue executive orders regulating interstate commerce absent authorization by a valid law passed by Congress. The Founders gave Congress sole law-making authority, and they would be horrified by the modern practice of presidents creating law with a “stroke of a pen.”

Just as important, the Commerce Clause was not intended to give the federal government vast regulatory power. Far from giving the US government powers such as the power to require people to wear masks, the Commerce Clause was simply intended to ensure Congress could protect free trade among the states.

Biden also signed an executive order supporting using the Defense Production Act to increase the supply of vaccines, testing supplies, and other items deemed essential to respond to coronavirus. The Defense Production Act is a Cold War relic that gives the president what can fairly be called dictatorial authority to order private businesses to alter their production plans, and violate existing contracts with private customers, in order to produce goods for the government.

Mask and social distancing mandates, government control of private industry, and some of Biden’s other executive actions, such as one creating a new “Public Health Jobs Corps” with responsibilities including performing “contact tracing” on American citizens, are the type of actions one would expect from a fascist government, not a constitutional republic.

Joe Biden, who is heralded by many of his supporters as saving democracy from fascist Trump, could not even wait one day before beginning to implement fascistic measures that are completely unnecessary to protect public health. Biden will no doubt use other manufactured crises, including “climate change” and “domestic terrorism,” to expand government power and further restrict our liberty. Under Biden, fascism will not just carry an American flag. It will also wear a mask.

 
• Category: Ideology • Tags: Civil Liberties, Coronavirus 

With the mainstream media still obsessing about the January 6th “violent coup attempt” at the US Capitol Building, the incoming Biden Administration looks to be chock full of actual purveyors of violent coups. Don’t look to the mainstream media to report on this, however. Some of the same politicians and bureaucrats denouncing the ridiculous farce at the Capitol as if it were the equivalent of 9/11 have been involved for decades in planning and executing real coups overseas. In their real coups, many thousands of civilians have died.

Take returning Assistant Secretary of State Victoria Nuland, for example. More than anyone else she is the face of the US-led violent coup against a democratically-elected government in Ukraine in 2014. Nuland not only passed out snacks to the coup leaders, she was caught on a phone call actually plotting the coup right down to who would take power once the smoke cleared.

Unlike the fake Capitol “coup,” this was a real overthrow. Unlike the buffalo horn-wearing joke who desecrated the “sacred” Senate chamber, the Ukraine coup had real armed insurrectionists with a real plan to overthrow the government. Eventually, with the help of incoming Assistant Secretary of State Nuland, they succeeded – after thousands of civilians were killed.

As we were unfortunately reminded during the last four years of the Trump Administration, the personnel is the policy. So while President Trump railed against the “stupid wars” and promised to bring the troops home, he hired people like John Bolton and Mike Pompeo to get the job done. They spent their time “clarifying” Trump’s call for ending wars to mean he wanted to actually continue the wars. It was a colossal failure.

So it’s hard to be optimistic about a Biden Administration with so many hyper-interventionist Obama retreads.

While the US Agency for International Development (USAID) likes to sell itself as the compassionate arm of the US foreign policy, in fact USAID is one of the main US “regime change” agencies. Biden has announced that a top “humanitarian interventionist” – Samantha Power – would head that Agency in his Administration.

Power, who served on President Obama’s National Security Council staff and as US Ambassador to the UN, argued passionately and successfully that a US attack on the Gaddafi government in Libya would result in a liberation of the people and the outbreak of democracy in the country. In reality, her justification was all based on lies and the US assault has left nothing but murder and mayhem. Gaddafi’s relatively peaceful, if authoritarian, government has been replaced by radical terrorists and even slave markets.

At the end of the day, the Bush Republicans – like Rep. Liz Cheney – will join hands with the Biden Democrats to reinstate “American leadership.” This of course means more US overt and covert wars overseas. The unholy alliance between Big Tech and the US government will happily assist the US State Department under Secretary of State Tony Blinken and Assistant Secretary of State Nuland with the technology to foment more “regime change” operations wherever the Biden Administration sees fit. Finish destroying Syria and the secular Assad? Sure! Go back into Iraq? Why not? Afghanistan? That’s the good war! And Russia and China must be punished as well.

These are grave moments for we non-interventionists. But also we have a unique opportunity, informed by history, to denounce the warmongers and push for a peaceful and non-interventionist foreign policy.

 

Last week’s massive social media purges – starting with President Trump’s permanent ban from Twitter and other outlets – was shocking and chilling, particularly to those of us who value free expression and the free exchange of ideas. The justifications given for the silencing of wide swaths of public opinion made no sense and the process was anything but transparent. Nowhere in President Trump’s two “offending” Tweets, for example, was a call for violence expressed explicitly or implicitly. It was a classic example of sentence first, verdict later.

Many Americans viewed this assault on social media accounts as a liberal or Democrat attack on conservatives and Republicans, but they are missing the point. The narrowing of allowable opinion in the virtual public square is no conspiracy against conservatives. As progressives like Glenn Greenwald have pointed out, this is a wider assault on any opinion that veers from the acceptable parameters of the mainstream elite, which is made up of both Democrats and Republicans.

Yes, this is partly an attempt to erase the Trump movement from the pages of history, but it is also an attempt to silence any criticism of the emerging political consensus in the coming Biden era that may come from progressive or antiwar circles.

After all, a look at Biden’s incoming “experts” shows that they will be the same failed neoconservative interventionists who gave us weekly kill lists, endless drone attacks and coups overseas, and even US government killing of American citizens abroad. Progressives who complain about this “back to the future” foreign policy are also sure to find their voices silenced.

Those who continue to argue that the social media companies are purely private ventures acting independent of US government interests are ignoring reality. The corporatist merger of “private” US social media companies with US government foreign policy goals has a long history and is deeply steeped in the hyper-interventionism of the Obama/Biden era.

“Big Tech” long ago partnered with the Obama/Biden/Clinton State Department to lend their tools to US “soft power” goals overseas. Whether it was ongoing regime change attempts against Iran, the 2009 coup in Honduras, the disastrous US-led coup in Ukraine, “Arab Spring,” the destruction of Syria and Libya, and so many more, the big US tech firms were happy to partner up with the State Department and US intelligence to provide the tools to empower those the US wanted to seize power and to silence those out of favor.

In short, US government elites have been partnering with “Big Tech” overseas for years to decide who has the right to speak and who must be silenced. What has changed now is that this deployment of “soft power” in the service of Washington’s hard power has come home to roost.

So what is to be done? Even pro-free speech alternative social media outlets are under attack from the Big Tech/government Leviathan. There are no easy solutions. But we must think back to the dissidents in the era of Soviet tyranny. They had no Internet. They had no social media. They had no ability to communicate with thousands and millions of like-minded, freedom lovers. Yet they used incredible creativity in the face of incredible adversity to continue pushing their ideas. Because no army – not even Big Tech partnered with Big Government – can stop an idea whose time has come. And Liberty is that idea. We must move forward with creativity and confidence!

 
• Category: Ideology • Tags: 2020 Election, Censorship, Donald Trump, Twitter 

World Economic Forum Founder and Executive Chairman Klaus Schwab has proposed using the overreaction to coronavirus to launch a worldwide “Great Reset.” This Great Reset is about expanding government power and suppressing liberty worldwide.

Schwab envisions an authoritarian system where big business acts as a partner with government. Big business would exercise its government-granted monopoly powers to maximize value for “stakeholders,” instead of shareholders. Stakeholders include the government, international organizations, the business itself, and “civil society.”

Of course, government bureaucrats and politicians, together with powerful special interests, will decide who are, and are not, stakeholders, what is in stakeholders’ interest, and what steps corporations must take to maximize stakeholder value. People’s own wishes are not the priority.

The Great Reset will dramatically expand the surveillance state via real-time tracking. It will also mandate that people receive digital certificates in order to travel and even technology implanted in their bodies to monitor them.

Included in Schwab’s proposal for surveillance is his idea to use brain scans and nanotechnology to predict, and if necessary, prevent, individuals’ future behavior. This means that anyone whose brain is “scanned” could have his Second Amendment and other rights violated because a government bureaucrat determines the individual is going to commit a crime. The system of tracking and monitoring could be used to silence those expressing “dangerous” political views, such as that the Great Reset violates our God-given rights to life, liberty, and the pursuit of happiness.

The Great Reset involves a huge expansion of the welfare state via a universal basic income program. This can help ensure compliance with the Great Reset’s authoritarian measures. It will also be very expensive. The resulting increase in government debt will not be seen as a problem by people who believe in modern monetary theory. This is the latest version of the fairy tale that deficits don’t matter as long as the Federal Reserve monetizes the debt.

The Great Reset ultimately will fail for the same reason all other attempts by government to control the market fail. As Ludwig von Mises showed, government interference in the marketplace distorts the price system. Prices are how information about the value of goods and services related to other goods and services is conveyed to market actors. Government interference in the marketplace disturbs the signals sent by prices, leading to an oversupply of certain goods and services and an undersupply of others.

The lockdowns show the dangers of government control over the economy and our personal lives. Lockdowns have increased unemployment, caused many small businesses to close, and led to more substance abuse, domestic violence, and suicide. We are told the lockdowns are ordered because of a virus that poses no great danger to a very large percentage of the American public. Yet, instead of adopting a different approach, politicians are doubling down on the failed policies of masks and lockdowns. Meanwhile, big tech companies, which are already often acting as partners of government, silence anyone who questions the official line regarding the threat of coronavirus or the effectiveness of lockdowns, masks, and vaccines.

The disastrous response to Covid is just the latest example of how those who give up liberty for safety or health will end up unfree, unsafe, and unhealthy. Instead of a Great Reset of authoritarianism, we need a great rebirth of liberty!

 
• Category: Ideology • Tags: Coronavirus, Government Surveillance