The Declaration of Independence, signed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against in the Declaration was the heavy and intrusive hand of big government.

U.S. Rep. Ron Paul, R-Texas, says he was dismayed that Congress passed the war supplemental appropriations bill so easily last week. “An economic collapse seems to be the goal of Congress and this administration,” Paul said during his weekly radio address Monday. “Washington spends with impunity, domestically bailing and nationalizing basically everything they can get their hands on,” Paul said.

Bob Chapman’s influential International Forecaster is reporting on the possibility of a so-called “bank holiday” planned for late August or early September. According to Chapman’s sources, U.S. embassies around the world are selling dollars and stockpiling money from respective countries where they operate.

President Barack Obama proposed massive changes Wednesday to how the United States regulates its financial industry, hoping to win new government powers that his administration believes could prevent another financial crisis from ever taking place.

If you want to know what the globalist elite really have in mind for us, you should keep your eye on Foreign Policy Magazine, as I do. The May-June issue is nothing short of a blueprint for where the powers that be plan to take us – and it ain’t pretty.

Since our nation’s founding, and because of events like the Depression, WWII and 9/11, our federal government has been moving from an unintrusive type toward total control, and now that there is one party with absolute power, we are headed there at break-neck speed. The government has a relentless goal to make us equal through an ever-progressive tax system and entitlement programs, whose real purpose is to redistribute wealth and secure voting blocks. Think Joe the plumber and Karl Marx. We’re heading into the new world order, as our government signs treaties that would surrender sovereignty and allow a migration from the south that is diluting our culture.

What seems more clear now than it was several months ago is that the collapse of these two companies was inevitable and that the economy would have been better served if Washington hadn’t shoveled lots of bailout cash in an effort to prop them up. As far as GM is concerned, the government already has provided an estimated $50 billion or more. Recent reports about a proposed bankruptcy deal show that little, if any, of this money will be repaid. And yet every penny of it came out of the economy, where it otherwise could have been used to provide jobs. Now it will remain as debt that must be accounted for somehow, most likely in the hidden tax of inflation.

Newly released documents highlight the urgency last fall at the Treasury Department for the CEOs of nine major banks to accept billions of taxpayer dollars as the government worked to rescue the nation’s banking system.