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Friday, September 18, 2009

Doug Casey on justice

Doug [Casey]: Well, justice is defined as getting what you deserve. And justice is a cardinal virtue to me. We've evolved a long way from a sturdy yeoman republic, in which everyone was responsible for himself, took care of his own business, and minded his own business. Now, everything is everyone's business – which is to say, the government's business. I don't see any way to turn this unfortunate trend around at this point. It's taken on a life of its own, and we'll just have to see where it goes. Although I’ll lay odds it’s going to go badly, and the downtrend is going to accelerate.

L[ouis James]: It will have to go to reductio ad absurdum. People don't have the philosophical foundations necessary to even see the problem, let alone embrace the painful cure.

Doug: There’s little cause for optimism. That's one reason I don't believe the United Sates will still exist in its present form in 100 years – probably not even 50, though I hate making predictions like that. That's because what we're going into now – certainly from an economic point of view, but also from a psychological point of view – is really much more serious, and potentially much more devastating, than what happened in the ’30s and ’40s. What this country will look like when it comes out the other side is an open question.

L: So, looking at this as speculators, what are the implications of mass willful ignorance and entrenched stupidity? As we've discussed already in our conversations on currency controls and living abroad, the most obvious answer is to get your ass and your assets out of harm's way.
-- from "Doug Casey on Political Correctness" (interview by Louis James, Editor, "International Speculator")

Also worthwhile: "Baby Bush: The Worst President in History?" by Doug Casey

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