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Financial Free Fall: America's Spectacular Crash

When the international gold standard officially ended in 1971 with the Nixon shock and the invalidation of the Bretton Woods system, the Dow Jones Industrial Average (DJIA) rallied from an average close of $884.87 to that of $891.14 in 1980 and $4,494.28 in 1995, apparently marking a 407.9-percent rise; measured against gold, however, which itself enjoyed gains of 1,837 percent between 1971 and 1980, or 1,016.83 percent between 1971 and 1995, this translated to an average close of 25.28 ounces in 1971 and 1 ounce of gold in 1980 before an average close of 9.88 in 1994, before it would finally recover into the double-digit range again, after twenty-four years, with an average close of 11.70 ounces in 1995, a level 53.7-percent below the high water mark previously set in 1971.

Today the Dow Jones Industrial Average stands at 13 ounces of gold, after trading above 42 ounces back in August of 1999 and above 22 ounces of gold in September of 2018. While far above the dreaded sin…
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Where the Abortion Debate Goes Awry

Upon carefully considering the issue of abortion, I've begun to wonder whether the "pro-choice" camp would endorse the freedom to terminate the life of an infant. In considering this issue, it becomes apparent to me that only a nuanced distinction separates the born from the unborn, chiefly the former's visible existence in our world. The unborn, on the other hand, often reside out of sight and out of mind, leaving the physical bonds between mother and child to produce a sense of power and confuse our sense of right and wrong.
After all, it’s not that these bonds are severed after birth; on the contrary, they merely change their form. Indeed, during the child's infancy and even throughout his childhood, the offspring remains strongly attached to his parents, albeit not as physically as he once did through his umbilical cord. Nevertheless, the born and the unborn share mutually in their dependency upon the mother, who could theoretically decide at any time that she…

Slavery Survives in America

There are still places in the world today where men and women are forced to work for months each year to pay their lords for the privilege of living on their own property. 

Some of these places even forcibly suppress the supply of housing in order to run up their prices so the lords can charge their serfs even more while boasting relatively agreeable demands on a wholly-irrelevant percentage basis. Oddly enough, this practice is ubiquitous in the United States, in the form of property taxes, whereby each man is liable for some quantity of loot — in the form of dollars — to keep the administration from harassing him, seizing his land and putting him in a cage. 

What’s more, wherever that man intends to raise those funds to satisfy that liability, he is sure to face penalty there as well in the form of income and sales taxes, both of which erode his bottom line. So, wherever that man even seeks to comply with the dictates of the administration, he is only further burdened by…

The American Crisis: That My Child May Have Peace

Have you ever wondered how the United States amassed so much debt? It’s simple: as the world’s reserve currency, few ever questioned the solvency of its issuer, so creditors domestically and abroad have long ponied up the cash on the promise of future repayment in the form of goods rendered at some future date. 

While the United States government has had little issue with satisfying the paper obligations through the proverbial printing press, they haven’t figured out anything new in order to satisfy that latter obligation: the production of the actual goods needed to legitimately repay those debts. 

This repayment will ultimately take the form of taxes on men and women, boys and girls not yet even born, at some time in the not-so-distant future. 

Through the processes of government, which is always clever enough to reclassify the terms, these debts will essentially enslave the public into years of labor to afford the taxes to repay the debt accrued by the profligate and tyrannical govern…

Perspective of a "Minority" in San Francisco

The following letter was authored by a Paradocracy reader from San Francisco, California, who felt compelled to share her perspective as an immigrant, a minority and a female who's proud to be an American:

I am neither white nor black. I am a naturalized American citizen. I am a minority. I am a woman. I am not a fan of politics, and I tend to think that the little voice inside of me would be useless in the public square; but since everyone seems to have a degree in Political Science these past few weeks, and there are now so many strong supporters (bandwagoners) of all of these different social-media hashtags, I suppose I will let this little voice out of my chest. I am not looking to argue; I am just sharing my own personal feelings.

I am greatly disturbed by the craziness that is going on out there in our own community and across the country. Ever since I became a mother, I care more about life than ever. I pray that I will live until I’m 90. I want to make sure that I am presen…

Guilty by Association: The Burning of America

As protestors and rioters take to the streets to avenge the murder of George Floyd, we find "justice" being sought through the most vile and irrational of means. Whereas George Floyd's apparent death serves as another example of police brutality in the United States, the protestors and rioters have mutually directed their frustrations at their fellow man, where they've disrupted daily life, assaulted fellow citizens, and destroyed their property and businesses. Whereas the case of George Floyd originally sparked nationwide agreement about the negligence of law enforcement in America, the protests and the riots have once again succeeded in dividing the country; of course, a guilty government and its accessories always prefer it that way.

By all appearances, this is just another repeat of the Kavanaugh case with a twist; in this case, however, we have a criminal who's undoubtedly guilty of manslaughter, but whose crime has been embellished to represent …

Is "Diversity" Failing?

While Americans nationwide clamor together to condemn the murder of a black man at the hands of law enforcement — an agreeable protest, no doubt — we are presented with an array of claims from protestors eager to hammer home their points. Whether it be multi-millionaires claiming incidents of "racism every day" or an exasperated government official in San Francisco comparing her plight to that of her ancestors of "four hundred years ago," nobody can possibly question the passion of the protestors, but their claims nevertheless stand squarely at odds with the ideas and causes they've promulgated all along.  

Ironically, people in America have long been groomed to champion “diversity” as a strength, yet I wonder what it would take to change the minds of that segment of society. This is not to condemn “diversity” as a weakness, but rather to consider when its advocates might be willing to admit defeat or, at the very least, confess that their version of "diver…