Diagoras wrote:
Very different than 'last days' in the biblical 'Day of Judgement' sense.
We also are entering a series of judgments, which I do believe it is from God.
Can you point to specific actions and policies that demonstrate a 'rapid descent into socialism'?
With the recent policies of the Federal Reserve and the Federal Government, free market capitalism is now dead. We are now in a period where the government is in absolute control and the masses are dependent on handouts from the government.
As much as the president or his party would like to be contrary, America is a socialist country. Many programs that millions of people rely on, like Social Security, Medicare, Medicaid, SNAP and government housing, are all socialist programs; they redistribute wealth to take care of those who need it.
https://www.thevermilion.com/opinion/am ... f5a00.html
The government, seeking to distribute necessary products in a fair and equitable manner, “imposed price controls,� “nationalized the most important private industries,� took over the free market and hampered the individual’s ability to create and produce.
https://www.washingtontimes.com/news/20 ... socialism/
Things around the world are not much better. All countries seem to be racing towards the bottom of devaluing their currency and printing money with total abandon.
Any examples to share?
The UK has started to "temporarily" finance government spending through direct injection of unlimited money from the Bank of England.
The UK has become the first country to embrace the monetary financing of government to fund the immediate cost of fighting coronavirus, with the Bank of England agreeing to a Treasury demand to directly finance the state’s spending needs on a temporary basis.Â
This will rise to an effectively unlimited amount, allowing ministers to spend more in the short term without having to tap the gilts market.
The scale is likely to be large. The government has already tripled the amount of debt it wanted to raise in financial markets in April from £15bn announced in the March 11 Budget to £45bn by the start of this month.Â
https://www.ft.com/content/664c575b-0f5 ... d30ef213cb
In the US, the Federal Reserve has gone all-in with their money injection into the financial system.
In total, Fed watchers have referred to the central bank’s measures as “bazookas,� even “going nuclear.�
The Fed is notably getting creative with its tools, dispelling any concern that the central bank was beholden to its 2008 playbook. For the first time, the Fed is tackling financing pressures in the municipal debt market (through the MMLF, CPFF, and Municipal Liquidity Facility) and the corporate debt market (through the PMCCF, SMCCF, CPFF).
https://finance.yahoo.com/news/glossary ... _test=2_15
The Bank of China has
injected 5.2 trillion into its economy.
Governments are seizing power and bringing everyone into submission.
That's needlessly emotive language for what in many cases is enacting emergency measures to combat a threat to the nation's health.
In Hungary, PM Viktor Orban has seized authoritative power over the state.
The nationalist government in Hungary passed a law Monday granting sweeping emergency powers that Prime Minister Viktor Orban says are necessary to fight the coronavirus pandemic.
Those powers include sidelining parliament and giving Orban the power to rule by decree indefinitely.
https://www.npr.org/sections/coronaviru ... -advocates
In the US, the governments dictates
who can go outside,
who can go to church,
who can open their businesses. Of course, the government says these are all necessary to flatten the curve. But, then you get can
arrested for violating sheltor-in-place orders? This has gone too far.
You haven't given any example of a country where such measures aren't temporary.
It's pretty much a given that when governments say something is temporary, it means forever. Or at least until the last days.
When the Federal Reserve launched their QE programs in response to the 2008 crisis, it was supposed to be temporary. We had been experiencing the longest economic recovery prior to March of this year. Yet, the Fed still couldn't unwind their balance sheet. Now with the coronavirus epidemic, we've launched into QE infinity. There is no hope of this being temporary anymore.
Meanwhile, millions, if not billions, are on the path of starving to death while being locked down in their homes.
Over half a million cases of Covid-19 reported in the US and around 23,600 deaths as at today. How many confirmed cases of 'starvation due to being locked inside' have there been, worldwide?
Note, I said on the
path to starvation.
India is on national lockdown. The poor there was living hand-to-mouth before coronavirus. Now, they are quarantined in their homes (many without homes) with no source of income. Unless the government can feed everyone, it's obvious they will go hungry. The logistics of having to feed the masses in India with the entire country locked down would be next to impossible, esp with the
train system halted.
But social distancing means hunger for many in India, with a work force heavily dependent on manual labor. It would be an unheard-of luxury for the ragpicker or street vendor who lives day to day.
https://www.nytimes.com/2020/03/30/worl ... kdown.html
Governments keep lying to the people and really have no idea how to handle all the crises that are happening.
Your worldview may be severely distorted due to the leadership qualities of the US being... rather an outlier. Many of us in other parts of the world consider that our governments, while by no means perfect, have done a remarkably good job of 'flattening the curve' and preventing the situation spiralling out of control.
It took a long time for the US to finally recommend people to wear masks. Delaying this has caused the virus to needlessly spread.
Even further, since we have a shortage of N95 masks, people are told NOT to wear N95 masks, even if they have them. And even to doctors!
Neilly Buckalew is a traveling doctor who fills in at hospitals when there's need. So in the midst of this pandemic, she feels particularly vulnerable to contracting the coronavirus — not just in hospitals but in hotels and on her travels.
That first day at work, Buckalew said, she was told to take off her mask.
When she asked hospital administrators why, the reasons kept changing. First, Buckalew said she was told it was against hospital policy for health care workers to bring their own gear. Then, she said, administrators told her if she wore her own N95 mask, others would want to wear the masks as well and the hospital didn't have enough. Finally, Buckalew said, it was that CDC guidelines don't require the mask at all times.
In all seriousness, the world's been getting better and better for years now.
The world has been getting "better" by borrowing from the future. Yes, we can all live the good life now when we max out on our credit cards, but eventually someone will have to pay.