April 10, 2023

Rush Limbaugh famously reassured his tens of millions of regular listeners many times, “It is never time to panic. It is never time to give up on America!” What would Rush say today?

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I wish I could listen to Rush analyzing today’s news, including former President Trump’s indictment, the war-without-reason in Ukraine, the dollar losing its reserve status, the militant transgender movement, and a host of other issues leading many of us to begin a new transition, from concern to panic.

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The pillars of civilization are under attack. These include our economy, our relationship with the rest of the world, our social fabric, and our constitutional liberty. The attacks and resulting mayhem are unprecedented and cheered on by one political party while treated like a minor hiccup by the opposition party.

Both parties are the problem and while the Republican party may be preferable to the Democrat party, in their current form, they are hardly the solution to our mess.

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The media is cheering on atrocities that a generation or two ago they would be castigating at the top of their lungs. Principled politicians and statesmen are nonplussed, uttering hackneyed comments about “democracy,” “rule of law,” and “let the process play out” as our “shining city upon the hill” is washed away like a sand castle on a beach during a rising tide.

Should we be worried? What would Rush say?

The economy is a mess with daily news stories about another country abandoning the U.S. dollar for trade and commerce, favoring the Russian ruble, Chinese yuan, or gold, but no longer the U.S. dollar. What happens as these countries, now making up most of the world population, start dumping dollars?

Today’s current inflation will look the good old days. As these dollars otherwise held and used by many countries flood back into the U.S., “too many dollars chasing too few goods” will go into overdrive, fueling hyperinflation, destroying the savings and pensions of most Americans, leading to economic misery as we see in Argentina or Venezuela.

Politicians are oblivious, those of both parties continuing to throw money into a losing proxy war in Ukraine, adding to a national debt that we soon will be unable to even pay the interest on. Is that panic time?

Our relationship with the rest of the world is worse than it has been in memory. New alliances between our friends and enemies are rapidly developing, as in the new bromance between Shia Iran and Sunni Saudi Arabia. Imagine your boyfriend dumping you for the girl you hate, both now telling you to get lost.