In As We Go Marching, John T. Flynn detailed the progression from liberty to fascism in Italy. In a World Magazine interview with Marvin Olasky, possible presidential candidate Rick Santorum rehearses his version of a vintage 1920′s Italy stump speech.
First, Flynn:
For imperialism flows as logically from militarism as militarism from spending.
Second, Santorum:
[Excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith (1995).
An MP3 audio file of this article, read by Jeff Riggenbach, is available for download.]
At this point, the financiers have the politicians in their pocket. No wonder they are openly bragging that happy days are here again (whilst adding insult to injury by telling us that this is God’s work!), even as banks are still on life support, courtesy of the taxpayers who are being robbed blind; meanwhile, the politicians they elect to represent their interests do not so much as stand idly by but actively collude in the robbery.
[Excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith. An MP3 audio file of this article, read by Jeff Riggenbach, is available for download.]
From the New York Times, “Europe Is Turning Its Back on Keynes’s Cure for Recession“:
In Part One of As We Go Marching, John T. Flynn describes the rise of fascism in Italy. The following passages imply the need for two political parties.
A party on the left:
Thus in Italy, while individuals murmured against the growing debt, they continued as members of cities or villages or farming districts to fight valiantly for their share of the spendings. The people as beneficiaries were always more powerful than the same people as citizens.
[Speech given at The Economic Recovery: Washington’s Big Lie, the Supporters Summit for the Ludwig von Mises Institute, October 8, 2010.]
