- Howard Dean cheers Obama’s approach to Russian aggression
- Sen. Elizabeth Warren’s childhood nickname? ‘The Surprise’
- Democrat Grimes backs Keystone XL pipeline in Kentucky Senate race
- China spends for 17 new warships as U.S. cuts back military
- In Japan, Obama plays soccer with a robot and warns students of climate change
- FDA proposes ban on e-cigarette sales to minors
- Wyoming gas plant explosion sends entire town fleeing
- Aborted fetuses from British Columbia incinerated in Oregon plant to make electricity
- Motolotov cocktail thrown a Brooklyn mini-mart
- 3 Americans dead in shooting at Kabul hospital by Afghan guard
BOOK REVIEW: Dollar woes and what lies ahead
BROKE: THE PLAN TO RESTORE OUR TRUST, TRUTH AND TREASURE
By Glenn Beck
Threshold Editions, $29.99, 351 pages
As the dollar heads for the basement while the infla- tion beast hovers over America - and, in fact, the world - Glenn Beck warns of trying times ahead. Mr. Beck, author of “Broke: The Plan to Restore our Trust, Truth, and Treasure,” foresees this metaphoric dark night:
“It may be a hard day and a hard struggle ‘til late in the night - and our kids may be crying and we may lose our house. … But when we put our head down on our pillow and go to sleep again that night, we can be happy because we know tomorrow, it will be morning again in America.”
Such rhetoric (ultimately with its hoped-for happy ending) is familiar to viewers of Mr. Beck’s nightly TV show.
Interestingly, that precise warning - sounded by the author at an annual Conservative Political Action Conference here in Washington in February - is not included in his new volume. In “Broke,” he explains that we have been heading toward an economic collapse for nearly 100 years. He doesn’t need to repeat the above scenario. One would have to be incapable of connecting obvious dots to miss that message in his telling of history.
Every single administration starting with Woodrow Wilson is put under the author’s microscopic analysis. He concludes it was the Wilson presidency that gave the biggest wind to the back of social, cultural, foreign, monetary and reckless spending policies that have driven America toward the economic cliff.
In fact, considering what Wilson did, or tried to do, to this country during his tenure, one can understand why Mr. Beck repeatedly has told his viewers of his disdain for “that guy.” Our 28th president, this book informs us, “did more damage to the fabric of America than anyone who’s come before or after.”
Could that even include President Obama? The TV-radio pundit apparently thinks it was Wilson who put this nation on a path that would later pave the way for the likes of Franklin D. Roosevelt, Lyndon Johnson and Mr. Obama.
“To understand how America changed from a country devoted to faith, family and frugality into a country devoted to freebies, you first have to understand the progressive movement and how it has been working to destroy the bedrock that America was built on,” Mr. Beck says.
For starters, he shows that Wilson, “the left’s holy father,” was a bigot, “albeit a very educated bigot.”
Wilson sneered at “inalienable rights of the individual as ‘a lot of nonsense’ ” as his administration “ushered in the attitude that taxes were not simply about raising revenue; rather, they were a means of punishing the wealthy for the ‘sin’ of greed and wealth accumulation.”
That attitude, coupled with spending that led America into trillions of dollars in indebtedness over the ensuing decades, is Wilson’s legacy, alive and well today in the recent efforts to impose Obama tax increases on job creators.
Not that Mr. Beck lets Republican presidents off the hook. With rare exceptions (Presidents Harding and Coolidge) they also allowed reckless debt-inducing policies. “Broke” argues that even President Reagan should have confronted the Democrats in Congress when they reneged on their promise to cut back on spending.
Just in case anyone could possibly miss Mr. Beck’s point, the book “Crashing the Dollar: How to Survive a Global Currency Collapse” flatly says we are “digging the biggest hole in U.S. history,” one that is so deep, says author Craig R. Smith, “that you can hear the voices of Chinese creditors asking one another if they will ever get that $900 billion they have lent us.”
© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.
TWT Video Picks
By Andrew P. Napolitano
Obama's veil of secrecy is pierced
Get Breaking Alerts
- Obama avoids 'red line' for China, prepared to impose tougher sanctions on Russia
- 'Top Gun' for drones: Squadrons of carrier-based killers have Navy's approval
- Pentagon plans to replace flight crews with 'full-time' robots
- Nevada rancher Cliven Bundy hailed as patriot, ripped as lawless deadbeat
- In the company of a saint: Catholic Church will canonize Pope John Paul and Pope John XXIII
- America is an oligarchy, not a democracy or republic, university study finds
- In its hunt for Senate, Republican candidates campaign against Harry Reid
- CARSON: When government looks more like foe than friend
- Washington Redskins' 2014 schedule opens with Texans
- NAPOLITANO: A legal way to kill?