American Consequences - November 2018

for power and domination. The worst thing about a wolf is that it works for itself – and nobody else. The problem with the government is: A government big enough to give you everything you want is also big enough to take everything you have. We have departed from the ideals of small government, maximum freedom, and even the minimum standard of good government... – Penni B. P.J. O’Rourke comment: Penni, this is very much what Senator Barry Goldwater was trying to tell us in his book The Conscience of a Conservative . You’ve gone right to the nub of the message and summarized it beautifully. Thank you! (And, although CoC was written 58 years ago, every alarm that it rings about big government is still an alarm that should be rung today.) With the maker:taker ratio now crossing that crucial midpoint, there is little hope for a turnaround absent an economic collapse Venezuela style. I completely agree with the idea that at least one of the Presidential candidates in 2020 will be farther to the left than anything we have seen since FDR. – Paul M.W. P.J. O’Rourke comment: Paul, there’s an old Irish superstition, “To say it is to summon it.” So for gosh sake, touch wood, spit three times, and hang some garlic on your doorframe!

I think you’re trying to get people not to vote so the socialists can win. NOT HAPPENING. – Lance B. Steven Longenecker comment: I searched our entire American Consequences e-mail inbox to confirm that this is the very first time we’ve been accused of this possible conspiracy. We’re marking it off our BINGO card now. Re: Politics Can’t Mess With the Melt Up Is it wise for those “close to retirement” to be investing at all in volatile investments? Are such “NASDAQ Tech stocks” referred to in the article even suitable for such investors? Such advice directed at that target audience shouldn’t sit comfortably with responsible advisers... – Phelim K. Steven Longenecker comment: Phelim, we would never recommend that anyone take on more risk than they feel will allow them to sleep well at night. We also try to highlight articles from multiple perspectives – for example in this magazine we’re publishing an article by Dr. Steve Sjuggerud expanding on his “Melt Up” theme about how to cash in before the crash as well as an article by Dr. Richard Smith on how to survive the next bear market.

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