The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends

The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends

by Craig R. Smith, Lowell Ponte


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The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends by Craig R. Smith, Lowell Ponte

Detroit was to be a workers' paradise, a symbol of Progressive success. Instead, it has become a symbol of Big Government failure, corruption, violence and decay. In 2013, after a great withdrawal of more than a million productive residents, once-great 'Debtroit' became the largest American city ever to declare bankruptcy.The Great Withdrawal explores why Detroit failed, why other liberal cities may soon follow, and how this could drag America into insolvency and prolonged Depression.It explores the bizarre Nanny Statist Progressive movement that took power in America in 1913 and has driven America on a “100-Year Detour” away from the ideals of our nation’s Founders and towards the stagnation of Euro-socialist welfare states.Smith and Ponte, in this their fourth book, look at how Progressivism has used addiction to welfare and easy money, as well as psychological manipulation politics from “crisis-ocracy” and “the herd inside our heads” to the sinister brain science techniques known as “nudge” to win elections, manufacture consent, impose invisible taxes, and control us.Progressives now feel their power slipping away as Americans are withdrawing from a century of hypnotic control. This, argue Smith and Ponte, is why a desperate Left is turning to naked force—“financial repression,” rule by decree, “regulution,” crony capitalism, seizures and wealth redistribution, and politicized government agencies including the IRS and NSA to keep their hold on government power.These power grabs will fail, predict monetary expert Smith and former think tank futurist Ponte, because Progressives are obsessed with obsolete centralization and expansion of government power. Progressives are doomed, even if they cling to power, to rule a nation that their policies have put into an economic death spiral towards a new Dark Age.The path back to the Framers' prosperous Constitutional Republic, Smith and Ponte write, will decentralize and return Power to the People via the Internet, 3-D printing, decentralized energy, honest money, small government and individual self-reliance. They offer a road map back to the ideals Americans held before the very alien European ideology of collectivist Progressivism steered our nation off course exactly 100 years ago.

Product Details

ISBN-13: 9780989847100
Publisher: Idea Factory Press
Publication date: 10/10/2013
Pages: 252
Product dimensions: 7.40(w) x 11.00(h) x 0.80(d)

About the Author

A monetary expert Mr. Smith is the author of six books on the topics of; gold, oil, the dollar and inflation, including; The Great Debasement: The 100-Year Dying of the Dollar and How to Get America’sMoney Back (2012) Inflation Deception: Six Ways Government Tricks Us… and Seven Ways to Stop It!(2011) Crashing The Dollar: How to Survive a Global Currency Collapse (2010). Black Gold Stranglehold(2005) and Rediscovering Gold (2001).

Table of Contents

Foreword by Pat Boone vii

Introduction by Craig R. Smith 9

Part 1 Progressivism's Rise and Fall

Chapter 1 Welcome to Debtroit 15

Chapter 2 Spinning Our Wheels in Quicksand 45

Chapter 3 The 100-Year Detour 67

Part 2 Progressive Control

Chapter 4 Addictionomics 111

Chapter 5 The Herd Inside Our Heads 123

Chapter 6 Financial Repression 143

Part 3 There Can Be Only One

Chapter 7 Progressive Power Grab 175

Chapter 8 The Great Withdrawal 197

Epilogue: A Roadmap Home 221

Footnotes 225

Sources 239

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Don't Bank on It!: The Unsafe World of 21st Century Banking 4 out of 5 based on 0 ratings. 1 reviews.
Anonymous More than 1 year ago
A good read that gets you thinking. However, where Mr. Smith and Mr. Ponte see a long term plot or conspiracy, I see the unintentional results of well meaning policy.