Wednesday, June 27, 2012

A few months ago, when the devastating economic crisis in Greece exploded, economic determinism lost credibility and our Democratic Party replaced it with “progressivism,” which is the current cover name for American Marxism. The real Progressive Movement was born after the U.S. financial crisis of 1893, which the country tried to solve by redistributing America’s wealth. The progressives pushed through the first federal income tax and they created a string of labor standards that opened up the floodgates of corruption and financial excess that generated the Great Depression. A new Progressive Movement, dubbed the New Deal, led to steep top tax rates, strict financial regulations, Social Security, Medicare and Medicaid, eventually generating the current economic crisis.

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