Volcker Admits Global Recession Rooted in America’s Distrust of Government

Volcker's comments here.  So how can the goverenment restore trust?  To begin with, follow Machiavelli's admonition not to disarm the citizenry:

"Some princes, so as to hold securely the state, have disarmed their subjects…. But when you disarm them, you commence to offend them and show that you distrust them either through cowardice or lack of confidence, and both of these opinions generate hatred against you. And because the government cannot remain unarmed, it follows that the government turns to hired police. Therefore a wise prince has always distributed arms to the general population." — Nicolo Machiavelli, The Prince, Chapter 20 (L. Ricci translation, pg. 105, 1952)

And Volcker himself might consider retracting his endorsement of a candidate who will not even release his birth certificate.

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