By Porter Stansberry in the S&A Digest:

The government owns a monopoly on the legal use of force and the power to tax. These are the ultimate powers in society. These powers ought to be used sparingly - to enforce contracts and provide security - so the rest of society can function on a civil basis. Instead, our government is now directly in control of more than 30% of our economy and has begun to tax the next several generations of Americans to pay for it. Meanwhile, more than half of the living citizens pay nothing in taxes.

Such policies have transformed our country. We were once the world's largest creditor. Now, we are the world's largest debtor. We were once the freest country on Earth. Now, we are barely in the top 10.

We were once a "city on a hill," respected by the whole world for the nobility and restraint of our government. Now, we maintain the world's most powerful armed services and bases in more than 100 different countries, most of which consider us occupiers. We once adhered to a gold standard, which made our currency the most reliable in the world - literally better than gold itself. We now have a central bank that works day and night to destroy the value of our savings, while propping up notoriously corrupt banks.

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