The Price of Freedom

2013 January 19
by justrand

Right in the midst of the 2008 Presidential Election cycle a “global financial crisis” occurred. We know it occurred because…well…because we were told it occurred! All of a sudden a bunch of “experts” were running around telling us the financial sky was falling, John McCain abandoned his campaign and scurried back to D.C. to vote on something or other, and we were told that the world was “saved” by a bunch of heroic and drastic stuff…mainly MASSIVE BAILOUTS!

If you look this “event” up on Wikipedia you find an incredibly long article that begins:

The financial crisis of 2007–2008, also known as the global financial crisis and 2008 financial crisis, is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It resulted in the threat of total collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world.

Then later the article continues:

Many causes for the financial crisis have been suggested, with varying weight assigned by experts…

Huh? The article then goes on for dozens of pages exploring theories as to what happened…and even whether anything happened.

I’m not a financial “expert”, but I follow the news and the economy pretty closely…and I have NO idea what happened. All I know is that despite all the bad stuff that we were told happened, we were told it could have been worse. And WOULD have been worse if our government hadn’t thrown a bunch of money in a bunch of directions…mostly without controls or audit trails.

Kind of like having a surgical team burst into your bedroom, amputate both your legs, and then run out proclaiming: “It could have been MUCH worse!” Really? How?

Was the “financial crisis of 2007–2008”, AKA: “the global financial crisis”, AKA: “2008 financial crisis” just a test? Dunno. Whether orchestrated or not, the result is that our government assumed massive new powers and “responsibilities” as a result, all tied to a new phrase that entered our national lexicon: “Too big to fail”. Financial institutions, car companies, et al, received this designation…and quickly became quasi-government entities. “Free Enterprise” was denigrated as dangerous…and downright evil.

So what’s next? Well, the American people have shown that in the face of a “crisis”…even one they barely, if at all, understand…they will surrender their wealth and their freedoms in the hopes that the government will “save them”. And you can bet our government noticed! Certainly Barack Obama and his Flying Monkeys noticed.

What “crisis”, real or manufactured, will occur next? Whatever it is I believe it will occur swiftly, with horrendous implied consequences if the government doesn’t act NOW…and drastically! And this “crisis” will, IMHO, make the Reichstag Fire look like a weenie-roast.

Our government has set itself up, and been accepted as, THE means of salvation from all bad things…big or small. And the bigger the “bad thing”, the more freedoms our government wants in exchange for “saving” us.

In our fundamentally transforming America a new scale has been introduced. On one side our government, and their associated “experts”, heap all the bad and scary things that could happen if they don’t act NOW! On the other side of the scale We The People are expected to heap our freedoms as payment for saving us. In this way our government is setting the Price of Freedom…and the exchange rate is brutal.

© BeJohnGalt.com

16 Responses leave one →
  1. 2013 January 19 6:59 am
    [1]
    justrand permalink

    bc3b…you can put the Hockey thread up whenever you like 🙂 The new hockey “players” look MUCH better than I remember! I guess the strike was worth it!

  2. 2013 January 19 7:48 am
    [2]
    JustMary permalink

    McCain had to step back because we had entirely too much momentum.

  3. 2013 January 19 7:53 am
    [3]
    justrand permalink

    JM, I put this thread up for you! 🙂 you asked yesterday whether the next “crisis” would come slowly of swiftly…this thread is my answer.

    our gubmint realizes that if something comes slowly people will/may [gasp!] THINK! Can’t have that. So the trick is to create a fever pitch, with NO TIME to think (or resist).

    i.e. the “Burning Platform” scenario (very popular in business thinking these days)

  4. 2013 January 19 8:02 am
    [4]
    bc3b permalink

    I’ll put it up later. Only 4 hours umtil the first pucks drop. I believe the Blackhawks-Kings is the national game on NBC at 3 PM. CBC has the Senators-Jets at 3:00, Maple Leafs-Canadiens at 7 PM and Ducks-Canucks at 10 PM. Fox Sports Detroit has the Red Wings – Blues at 8 PM. It’s gonna be a great day.

    This is like JM having a Lakers game followed by Brad Griffiths.

    On the financial scene at food places: A dozen donuts at my favorite shop went from $8.50 to $9.50 and the dozen pack at Taco Bell, which was $10 a month ago, is now $11.

  5. 2013 January 19 8:04 am
    [5]
    bc3b permalink

    “McCain had to step back because we had entirely too much momentum.”

    There’s a lot of truth to that, JM.

  6. 2013 January 19 8:08 am
    [6]
    bc3b permalink

    I was parked next to a 3-time loser at FedEx yesterday: a Subaru with Obama and Sierra Club stickers.

  7. 2013 January 19 8:09 am
    [7]
    drdog09 permalink

    McCain had to step back because we had entirely too much momentum. — JM

    Gotta be careful JM. The LIV’s will actually believe you! 😉

    JR, Excellent, excellent piece. Personally I subscribe to the idea that you should never be your own counterparty in the same suite of transactions theory that gigged the banks. But we will probably never know. Heck we still don’t fully understand the 1929 crash let alone this one. 🙁

    BC, So I assume you have stocked up on popcorn and beer for this afternoon’s opening round of hockey.

  8. 2013 January 19 8:15 am
    [8]
    justrand permalink

    meanwhile…all the hostages dead in Algeria, the Mali situation is deteriorating hourly, and the “governments” in Libya and Egypt are increasingly dominated/influenced by terrorists. alQueda is resurgent!!

    Look at Drudge….he is the ONLY source holding Clinton responsible. Meanwhile the press continues to pretend she and Obama are utterly blameless. Smart diplomacy, eh?

  9. 2013 January 19 8:30 am
    [9]
    bc3b permalink

    “BC, So I assume you have stocked up on popcorn and beer for this afternoon’s opening round of hockey.”

    No, LaBatts’ and pizza. But even hockey isn’t what it once was. A couple of years ago, a French Canadian (Canadien) player filed a complaint with the league when another player called him a “Frog.” In the olden days, he would have dropped his gloves and the two would have decided if “Frog” is an appropriate name.

  10. 2013 January 19 8:36 am
    [10]
    bc3b permalink

    “Look at Drudge….he is the ONLY source holding Clinton responsible. Meanwhile the press continues to pretend she and Obama are utterly blameless. Smart diplomacy, eh?”

    Can’t throw Hitlery under the bus because she’s the candidate in case Barack can’t get the 22nd Amendment repealed.

  11. 2013 January 19 8:42 am
    [11]
    bc3b permalink

    Algeria game the Islamists the only answer they understand – action rather than negotiation.

    People are going to have to realize that it they are in the remote parts of the Muslim world (whether they are working for big bucks, a do-gooder or a tourist) that they have placed themselves in a dangerous situation and it could cost them their lives.

    The media mocked Mitt Romney when he brought up Mali.

  12. 2013 January 19 9:01 am
    [12]
    bc3b permalink

    3 hours until faceoff.

  13. 2013 January 19 10:02 am
    [13]
    drdog09 permalink

    No, LaBatts’ and pizza.

    Even better! I’ll be right over…..

  14. 2013 January 19 10:16 am
    [14]
    drdog09 permalink

  15. 2013 January 19 12:20 pm
    [15]

    #8 – Comical isn’t it. Algeria has been deteriorating for nearly a decade if not longer, Mali didn’t really heat up till after the Libya and Egypt fiascoes – aka Islamic spring.

    The media mocked Mitt Romney when he brought up Mali. – But of course they did as it would undercut the meme out of the white house if they didn’t.

Leave a Reply

You must be logged in to post a comment.