Monday, August 28, 2006

A look at Socioeconomics by the pioneer

PRECHTER: We're racing headlong toward outright authoritarianism. That's one of the traits of very large bear markets. We had creeping socialism until Janet Reno, but that's when the trend hardened. Congress's terrorism laws ignore individual rights and the Constitution. Since taking office, Bush has issued threats and commands to about a dozen governments. In his inaugural speech, he claimed that God wants him to democratize the world, by force. How one can state a more anti-American agenda I can't imagine. Democracy was anathema to the Founding Fathers, as was using force on neighbors for anything but self-defense. If you don't think this righteous vision will lead to conflict, you don't understand human nature. The army's sexual torture at Abu Ghraib and Guantanamo was sick behavior, and it wasn't aberrational; it was policy; the worst photos are so bad that they won't release them. It's as if Saddam were in charge. This makes the U.S.'s Japanese interment camps of World War II look quite benign by comparison. I've been on record that Hillary will be President. I have no doubt that she will jam the authoritarian ratchet even harder, and Bush will have laid the groundwork for her. Hillary gave us a glimpse of her vision when she got a couple hundred lawyers in a room and drafted that intricate list of punishments for physicians. She's the closest thing to a Stalinist that we've ever had, and she's a philosophical leftist, not just an emotional or pragmatic one. So yeah, I guess you could say I think we are moving toward totalitarianism, but it won't be "to keep things in order." It will destroy all order. Government fosters hostilities among people . Free people help each other and create their own order.

It really doesn't matter who will become president.

The stage was set a long time ago.

See the whole interview.