James Quinn is one of my favorite writers of what is going on in America today. I particularly like today’s write up. It is thought provoking. One can find similarities of Quinn’s message in the material of Jim Sinclair, Martin Armstrong and Bud Kress (died this year).
He makes an interesting projection that we will see a Romney win tomorrow… While that is likely, it is equally likely that the major change comes in Martin Armstrong’s prediction with the election of 2016…
By James Quinn
Financial Sense, 5 November 2012
Strauss & Howe wrote these words in 1997. They had predicted the arrival of another Crisis in this time frame in their previous book Generations, written in 1990. This wasn’t guesswork on their part. They understood the dynamics of how generations interact and how the mood of the country shifts every twenty or so years based upon the generational alignment that occurs as predictably as the turning of the seasons. The last generation that lived through the entire previous Crisis from 1929 through 1946 has virtually died off. This always signals the onset of the next Fourth Turning. The housing bubble and its ultimate implosion created the spark for the current Crisis that began in September 2008, with the near meltdown of the worldwide financial system. Just as the stock market crash of 1929, the election of Lincoln in 1860, and the Boston Tea Party in 1773 catalyzed a dramatic mood change in the country, the Wall Street created financial collapse in 2008 has ushered in a twenty year period of agony, suffering, war and ultimately the annihilation of the existing social order.
Phi Beta Iota: The recommended article is quite extraordinary. It interprets both Obama and Romney in relation to the Generations historical theories of Strauss and Howe. Its conclusions are stark and frightening. There is, however, good news. On the one hand, the International Monetary Fund (IMF) and its August 2012 paper on Revisiting the Chicago Proposal, offers a real prospect of a decisive President who knows the Wall Street cronies all too well, surprising one and all by dismissing the US debt and rebooting the US economy. On the other hand, the Automated Payment Transaction (APT) Tax offers both an immediate doubling of federal, state, and local government revenues, and an end to all other taxes that have been manipulated by Congress to extort money from special interests. In short, regardless of who wins tomorrow, America can only win if that person is ready to listen to new ideas.
A Tax Revolution – Replace All Taxes On Few with One Tiny Tax on All Transactions Including Stock and Currency Trades
….1 21st Century Governance Revenue (Plain English)
….2 21st Century Governance Revenue (Business-Speak)
….3 21st Century Governance Revenue (Economist-Speak)
….4 Dr. Edgar Feige, Professor of Economics
….5 References on Government Revenue and Economy
….6 Discussion of the APT Tax