Do You Really Want To Save The Democracy?

Published: Sun, 07/21/24

Updated: Sun, 07/28/24

How often do we hear the claim that our nation is a democracy? Was a democratic form of government the vision of the Founders? As it turns out, the word democracy appears nowhere in the two most fundamental founding documents of our nation—the Declaration of Independence and the Constitution. Instead of a democracy, the Constitution’s Article IV, Section 4, declares “The United States shall guarantee to every State in this Union a Republican Form of Government.” Our pledge of allegiance to the flag says not to “the democracy for which it stands,” but to “the republic for which it stands.” Is the song that emerged during the War of 1861 “The Battle Hymn of the Democracy” or “The Battle Hymn of the Republic”?

So what is the difference between republican and democratic forms of government? John Adams captured the essence of the difference when he said, “You have rights antecedent to all earthly governments; rights that cannot be repealed or restrained by human laws; rights derived from the Great Legislator of the Universe.” Nothing in our Constitution suggests that government is a grantor of rights. Instead, government is envisioned as a protector of rights.

Economic stimulus plans, easy-money policies, and other government spending amounting to tens of trillions of dollars are establishing new currency levels and unmanageable amounts of debt around the world. This is not sustainable.

Until now, we've never seen anything quite like this. Every currency will depreciate in value over time, and every economy will experience high levels of inflation.

There isn't a market where investors may find safety other than in gold and other tangible assets.

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Sincerely,

David Morgan
Founder, TheMorganReport.com

Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.

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