Richard Maybury On The Collapse Of The Anglo-American Empire & What It Means For You

"Foreign aid: A transfer of money from poor people in rich countries to rich people in poor countries."
-- Douglas Casey
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Daily Bell: What's the worst problem America is suffering from?

Richard Maybury: I think ethics. Nearly the entire population has been raised in schools that are under the control of government agencies and they have been taught that the government doesn't need to obey ethical principals such as, "Thou shall not steal". So, this has become part of the American culture. I don't see any long-term solution for America or any of the rest of the world until they start accepting the fact that government has to be ethical, just like individuals.

No country is going to get out of a mess like this unless they abandon the idea that stealing is acceptable. It is not. Once again, it all comes down to ethics. People have been mislead and taught that stealing is OK. Simply put, as long as people are willing to accept the notion of legalized theft in the form of visible and hidden taxes, there can be no lasting solution to the mess we are in.

Daily Bell: Is Ben Bernanke doing a good job? Will he be the LAST Fed chairman?

Richard Maybury: Well it would be great if he was the last Fed Chairman but I don't know if he will be or not. Is he doing a good job? I think that his job is to expand the money supply and to lie about it. So, according to that job description, he is doing rather well. But if you think his job description is to preserve the value of the currency and not to lie, then he's doing very badly.

I think Wikileaks is the beginning of what will turn out to be the biggest political development in a thousand years. Or say for the next thousand years. Pretty soon it will be impossible for governments to operate in secrecy and once everybody knows what every government is doing it's going to be a different world.

There's a very good book written by Antony Sutton called, "The Best Enemy Money Can Buy." It's about Americans financing the Bolshevik revolution and subsidizing the Soviet Union ever since. I think it's an absolute fact that the US helped prop up the Soviet Union so that Washington would have an enemy that would justify its rationale to go out and meddle in the rest of the world. Sutton presented evidence on this theory and I for one think it's irrefutable. Other than that, I would have to think long and hard about your question.