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“Retarded” is the Cost of Democracy When the Money Printer Rules

Written by Bryan Lutz, Editor at Dollarcollapse.com:

 

Democracy. It comes with assumptions.

For example, every voting member in a democratic government assumes that their vote will in some way provide them with services. Except it is for that very same reason that nearly 50% of people (or less in some cases) don’t show up to vote. They either don’t believe the system works, or they take it for granted.

And that’s why many of the recent corruption scandals from inside the Federal and State-level governments have been so shocking.

Even friend of the system, The New York Times writes:

How Fraud Swamped Minnesota’s Social Services System on Tim Walz’s Watch

“Minnesota’s fraud scandal stood out even in the context of rampant theft during the pandemic, when Americans stole tens of billions through unemployment benefits, business loans and other forms of aid, according to federal auditors.”

The explanation:

Under the COVID printing press, the US government, Federal, State, and Municipal were called upon to meet the assumptions of the people. Again, we believe the democratic government should be there to provide services at every level. Especially in a crisis.

Since then, many of those programs that were meant to provide welfare and support businesses have still been running.

However, under Governor of Minnesota, Tim Walz’s watch, billions have been stolen from American taxpayers using these programs due to fraud. Walz, with many Somalian voters in his State, has shaken this off as an “unfortunate events.” Much of the fraud was committed by Somalians.

Zerohedge reports:

NYT Torches Tim Walz After Somalians Scam Woke Minnesota For $1 Billion ‘On His Watch’

Walz (D), now in his second term and seeking a third, acknowledged that pandemic policies prioritized speed and accessibility of assistance.  “The programs are set up to move the money to people,” Mr. Walz said. “The programs are set up to improve people’s lives, and in many cases, the criminals find the loopholes.”

Here’s what President Trump had to say about the fiasco:

 

This is generally what happens in a demoncracy. No one person, including the temporary politicians who are supposed to provide representation for the people, don’t take ownership. When no one takes ownership, anyone, especially politicians act in their own self-interest looking out for numero uno.

 

 

It only gets worse when the democratic governments capture the banking system by owning and controlling the money supply. The rampant fraud cases under Tim Walz and his Minnesota government expose the rot because it is clearly illegal to say you are doing one thing with the money, and then do another. However, it is much harder to see when the ones who make the rules are stealing from the people. For example, when the government decides to simply print billions of dollars into existence, inflation steals purchasing power from hard-working Americans. All this happens under the guise of “management.” Because someone needs to “manage” the value of your money.

And now, the Federal Reserve has capitulated. The era of Quantitative Tightening is over, and the Fed is back to purchasing US Treasuries once more. The most recent purchase has become the 2nd largest liquidity injection into the money supply, ever.

 

 

If we expect the Federal Reserve to send money out into the ether  as easily and effectively as Tim Walz’ Minnesota government hands out money to Somalian opportunists without consequences we have another thing coming. The cost is much bigger than a billion.

“Retarded” is the cost of democracy when the money printer rules.

2 thoughts on "“Retarded” is the Cost of Democracy When the Money Printer Rules"

  1. I don’t believe Walz is retarded. What he and other democrats are doing around the country is applying the principles of communism to bankrupt the government. That’s it. That’s the plan. It is mentioned in the Cloward & Piven strategy. It is also represented in the list of 45 communist goals to destroy the United States. It always involves debt to bring about fiscal and governmental instability. That is what flooding the country with illegal aliens is about, – increasing welfare and many other social programs. Funding ridiculous programs to waste money and drive up the national debt is also part of it. These people need to be prosecuted. If congress does not codify Trump’s executive orders into law, the next president can undo everything he has done. If Republican lose the midterms they will not be able to codify anything.. Our Republicans are wasting their majority by doing nothing. I have to wonder if they are doing this intentionally or just plain stupid.

  2. Good morning Bryan,

    Corporatism, cronyism and flat out fraud is the number one goal of the politician.

    “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” – John Adams

    Thanks! Matt

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