Liberty vs. Leviathan

Chronicling Liberty's battle against Leviathan

Bubbles and Empires

In his most recent column, Justin Raimondo explains how “The Bubble of Empire” has popped.  He marks the beginnings of this bubble at 60 years ago or so. It was 56 years ago that Garet Garrett wrote “Rise of Empire” and warned us of the very troubles Raimondo observes.  For a condensed version of “Rise of Empire” see here or for an even shorter summary see my article.

A bubble of empire was not the only bubble Garrett wrote about.  With eery similarities to today, he chronicled another bubble that broke the world during a Republican administration while a Democrat was waiting in the wings.

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Steroids++

Weeks ago Michigan’s governor warned the nation when she likened Obama economic polices to Michigan policies on steroids. Read Jack McHugh’s piece at the Mackinac Center to get a sample of what that could mean for the rest of the nation; “…the political class protecting their base at the expense of the rest of the economy and population.”

In “American Omen” Justin Raimondo reaquaints us with one of my favorite writers, Garet Garrett and uses the word “steroids” too, putting light on the myth that Hoover did nothing and characterizing FDR’s first 100 days as “…Hooverism on steroids”.  Unfortunately, Obama is looking to FDR for guidance.

(HT to The Western Confucian)

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June 2017
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