2/28 3:20

pima posted a comment and I'd like to open a thread mainline. 
It is vital for Americans to understand the origins of the Keynsian doctrine that has destroyed America from the inside over a period of 75 years. Attacking the symptoms is insufficient to the restoration of Constitutional proscriptions over government activity. "

My question is this: Even if we do understand it, what can we do about it? Is there a fix for the mess that the Fed has spent the last 100 years creating? Can America be salvaged or will we have to chuck the whole thing and start over?

In response, I believe that we are a nation in addiction to debt and the appearance of it as a solution to problems.  Only if a substantial portion of the electorate become educated on the destructive effect of endless money creation will they hold politicians accountable over a prolonged period.  Currently political trends last a couple of years and then die out because they are not based on awareness of how the world really works.  The resolution of this problem requires unwinding many of the circumventions of Constitutional law that have allowed unlimited Federal power.  Without this power Keynsian economics could not be employed.  This is a very tough nut to crack and it won't be achieved without rock solid grounding in classical economics.  A proposition that government is not supposed to adjust interest rates would mean the abolition of the Federal Reserve.  A proposition that federal and state government is not supposed to dictate local school policy and curriculum would mean the abolition of at least the Department of Education.  That the federal government is not supposed to intervene between organized labor and company management would mean the abolition of the Department of Labor.  Similar philosophical issues would dismantle a score of federal departments or agencies.  Do we trust politicians to carry the light, even if elected on these issues?  The only protection from the corruption of power is an enlightened electorate.   Now, does that mean that I see it happening soon?  No.  America will be dragged kicking and screaming out of the darkness of ignorance and it probably will take a decade of despair.