“In spite of all the rhetoric, we will go deeper in debt, the Fed will print more money, and the value of the dollar will continue to plummet.”
Ron Paul
Never in history have the economic and political structures been so manipulated by those who are responsible for their safekeeping; never has so much been at stake, in so many countries, and facing collapse, all at the same time.
The great majority of people in the First World recognise that the world is passing through an economic crisis. However, most are under the impression that there are some pretty smart fellows running the show and all they need to do is tweak the system a bit more and we’ll return to happy days.
Not so. The “smart fellows” who are in charge of fixing the problem are in fact the very same people who created it.
Understandably, this a hard concept for most people to even consider, let alone accept, as the very idea that those in charge of the system might consciously collapse it seems preposterous. So, we might wish to back up a bit here and present a very brief history of the system itself, in order to understand that the eventual collapse of the economic system was baked in the cake from the very beginning.
Creating a Central Bank
From the very earliest days of the formation of the American republic, bankers (along with inside help from George Washington’s secretary of the Treasury, Alexander Hamilton) sought to create a banking monopoly that would create the country’s currency and become the central banking system.
The first attempt at a central bank was a failure, and strong opponents, including Thomas Jefferson, prevented a second central bank for a time. Later, further attempts were made by bankers and their political cronies, and each central bank was either short-lived or defeated in its planning stages.
Then, in 1913, the heads of the largest banks met clandestinely on Jekyll Island, Georgia, to make another try. Having recently lost yet another bid to create a central bank, due to the public’s understandable concern that the big bankers were already too powerful, a new spin was placed on the idea. This time, they decided to present the idea as a government body that would be decentralised and would have the responsibility of restricting the power of the banks.
However, the new bill was in fact the same old bill, with a new title and some minor changes in wording. But this time, it would be presented by the new president, who was a liberal.
[Editor's Note: scams like this abound in US politics with a mostly unaware citizenry!]
The bill was widely supported by the public, even though, in truth, it was not a federal agency, but a privately owned conglomerate, controlled by the banks. Neither was it a reserve. It was never intended to store money; it was intended to give the biggest bankers control of the economy. They followed the central principle of uber-banker Mayer Rothschild: “Let me issue and control a nation’s money and I care not who writes the laws.”
From the start, the new institution peddled itself as the protector of the people’s interests, but it was quite the opposite. Its purpose from its inception was to control the economy and the government by controlling the issuance of the currency. In addition, it was to be a system of taxation.
Typically, a population accepts a certain amount of direct taxation but has its limits of tolerance. Yet, the bankers understood that a less direct method of taxation was infinitely more profitable and infinitely safer from criticism.
Inflation as a Profit System
Inflation was not always the norm. At one time, prices were relatively static from one generation to the next. But the Federal Reserve touted the idea that “controlled” inflation was in fact necessary for a prosperous economy.
Of course, the greater the debasement of the currency through inflation, the more the central bankers profited. But at some point, the currency would have lost virtually all its value and it would be time for a reset. The currency would need to collapse and a new one created.
And so, the Fed set about its hundred-year programme of continuous inflation. Although there have been periods of lower inflation (and even deflation), the programme stayed more or less on course, and now, its hundred-year life has all but ended: the dollar has been devalued almost 100%.
[Editor's Note: The USD is worth 1 cent compared to the 1913 USD. The rest of the world want a different 'reserve currency'. This exodus from the 1944 agreement is caused by the Fed and Nixon's cancellation of the dollar's convertibility to gold, effectively ending Bretton Woods.]
And so, we find ourselves at the day of reckoning. The economic crisis we are now facing (not only in the US; it will be felt, to a greater or lesser extent, worldwide) is not a mere anomaly that we need to “push past”. It’s a systemic crisis. It’s been created by design and the system must collapse.
Of course, the central banks are in the process of protecting their interests, to make sure that, whilst this will be a major economic calamity, they themselves will continue to profit. The damage will be borne by the general public.
This began in earnest in 1999, with the repeal of the Glass-Steagall Act, allowing banks to create a massive, reckless mortgage spree. It was backed by the government’s “too big to fail” policy that guaranteed that, when the banks predictably became insolvent as a result of the loans, government would bail them out. (And by “government” we mean “the taxpayer”; it was he who picked up the bill for the banks’ recklessness.)
How to Be a Crook — Legally!
[Editor's Note: what I have dubbed the "Legislative-Executive-Judicial Cabal" which the American People have caused by ignoring the generational transition from our Constitutional Republic to what now is, in effect, an "elected" dictatorship. Never mind who is elected. Never mind which bogus party is in power. The superficial, theatrically staged, choreographed appearance of debate, disagreement, and stalled legislation always resolves into more government and less FREEDOM. We the People still lose more freedom after every "emergency" or unnoticeably when CON-gress passes another general, open-ended law that enables the Executive (dictator) and its unaccountable agencies to formulate more freedom-restricting regulations (200 pages a day get posted to the Federal Register). The "Dictator's" agencies (police force) continue to pile-up more weapons to squelch uprising(s) when the People finally realize and understand their tyrannical government.
Currently, CONgress is just a group of socialists, progressives, and faux-conservatives (career politicians) that, on a daily basis, ignores the Constitution, many of their own past statutes, and cedes their responsibilities to the president ("elected" dictator). A comparison to the history of Rome becomes more and more credible with the Executive and its "featherbedded" lackeys gaining more power while CONgress sits back all fat-dumb-and-happy.
CONgress has made recent efforts to expose State Dept. failures in Benghazi (inept political leader), Fast-and-Furious gun-running (criminal AG), IRS 1st amendment violations, gov't union Veterans Administration fraud, and whining about Obama(Reid)-killer-Care, but these efforts are mostly politics as usual. Most "citizens" will forget about these infringements from our unaccountable, uncontrollable Executive branch with its tyrannical agencies staffed by socialist unions that extort "juicy" contracts from the "elected" dictatorship.
Most positions in the federal government whether elected, appointed, or hired are nominal, make-work jobs (confidentially) designed merely to grow government, bilk money from private businesses and citizens, and eventually fully transform America into a totalitarian state. When this happens, CONgress will have destroyed the economy and the country by their negligence and counter-liberty policies, and it will be almost impossible to Restore America. The 'Restore America' list is only a beginning too.]
"The accumulation of all powers, legislative, executive, and judiciary, in the same hands, whether of one, a few, or many, and whether hereditary, self-appointed or elective, may justly be pronounced the very definition of tyranny."
James Madison, Federalist Paper 47, Friday, February 1, 1788
Anyone who believes this country is free is an idiot!
"Extortion and thuggery are good things when they're called law!"
Larken Rose
[Editor's Note: a Constitutional Convention is required to reverse the damage to freedom and liberty since 1900. This Article V was ratified by the participants at America's founding Constitutional Convention as an alternate path for repairing damage to freedom and liberty, a path for the People to restore damage caused by our failed representatives in the Legislative, Executive, and Judicial branches of a government designed to represent the wishes of We the People.
The States must "demand" a Convention and explicitly specify an agenda of:
laws to be repealed or modified,
Amendments to existing constitutional clauses that define the co-equal branches to further specify and define, and
new Amendments or statutes to be eventually ratified by States.
These Amendments should further specify and clarify the powers of the Legislature and Executive Branches. A good example is the definition of a "Bill".
A Bill should contain ONLY verbiage in regards to the topic of the future law. NO earmarks and NO unrelated sections or attacments.
Many past Bills sent to a president for signature contained unrelated but essential funding sections that rendered the Bill veto-proof when it warranted a veto.
CON-gress can override a veto if the Bill is deemed absolutely necessary by CON-gress.
If the Bill requires SPECIFICALLY related amendments, the CON-gress can "debate" (with its usual theater) and vote any new amendments.
The original text of the Constitution contains some very GENERAL clauses enabling both CON-gress and Executive branches to write laws and
regulations with their particular nuances expanding powers beyond intent. "Intent" may be gleaned from a complete understanding of
Federalist Papers.
An example of further specification and clarity for CON-gress should be a clear, very specific definition of the boundaries for the interstate Commerce Clause.
To restore freedom, liberty, and individuality - minimally these must be repealed:
Currently, even with computer-searching systems, the list of antiquated and/or obsolete statutes (and related regulations) is unwieldy.
These statutes must be invalidated unless there remains an applicable reason for retaining the law(s).
Aside from invalidating statutes, there are many regulations that are biased in favor of large enterprises (who buy support from bureaucrats)
at the expense of the competition, effectively repressing the Free Market. Any regulations not related to public safety that gives a financial advantage
to some companies over their smaller rivals must be rescinded to enable all companies with good consumer products to excel without burdensome regulations.
Additionally, the Convention should adopt for ratification at least these new Amendments or statute modifications:
clearly define and limit the role of government in regards to the term "general welfare",
Term Limits for CON-gress (12 years) including a 6 month limit on time residing in DC,
strict Prohibition of Lobbying (with a comprehensive definition of "lobbying"), and
a Balanced Budget Amendment to stop wreckless spending. During a CON-gressionally declared "war" (only after USA is attacked or attack is proven "imminent"),
deficit spending is permissible.
Restore America to its roots, i.e. Defense, State, Treasury, and Justice. Some Agencies are required like CIA and NSA, both respectively focused on defense against real foreign aggressors and not fictitious paranoid delusions of war mongers. Other agencies help where certain interstate communications are necessary. Most agencies like Agriculture, Education, DEA, IRS (eliminated with 16th Amendment) and many other listed here should be eliminated.
Restore the world Gold Standard with five contentious steps, and
Replace the IMF, World Bank, and Export-Import Bank with facilities that reflect the new Gold Standard, and
After decentralizing and economizing, if tax revenue is needed to fund all or part of the federal government, then implement the Fair Tax.
Regarding a Constitutional Convention itself, some of the available literature warns the reader about a possible "unstructured" and "mismanaged"
Convention that might propose and adopt amendments that could damage the Republic.
Possible, however, it is difficult to envisage how much more damage could done over what the L-E-J Cabal has already done.
If the Convention's agenda and rules of order strictly prohibit violation of the rules and enable a vote on unlisted Amendments AFTER all others are adopted,
then the Convention will be properly structured and managed. ]
See the following links for more related articles:
Those who seek out positions of power tend to be paranoid, hypocritical wimps. Consider the issue of firearms. Politicians have many thousands of mercenaries (soldiers and "law enforcers") wielding all sort of deadly weapons--guns, tanks, missiles, drones, etc. Yet those same politicians pee themselves at the thought of the rabble owning semi-automatic rifles. From their twisted, elitist perspective, it's perfectly fine for them to swipe many billions of dollars from their subjects to spend on all manner of armaments, but if YOU want to possess a rifle, they think you should have to ask their permission, and register it, and make sure they always know what you own.
They also expect to be allowed to do things in secret, while claiming the right to spy on you and everyone else. As far as they are concerned, it's none of your business what they do, or what weapons they have, but it is their business to know everything that you do and everything that you have. Of course, they will pretend that their goal is to protect you from the "criminal element," but you'd have to be pretty dense to actually believe that. Why do you suppose they mostly whine about civilians having weapons that:
are used in only a tiny percentage of actual crime, and;
are the most effective types of weapon for resisting "government"
aggression?
You don't need to be a rocket scientist to figure it out. People who gravitate towards political office think they have the right to rule you. That's the job they applied for. And, of course, extorting you and bossing you around could be rather more difficult if you are better armed than their enforcers. So they hand out machine guns to their mindless thugs, but have tantrums about you having a 30-round magazine.
A new Congress has been seated, and it brings the prospect of perhaps, maybe, potentially, in a possible way doing something about the runaway federal deficits. And in other news, several New York area bridges are for sale, which you can acquire at a bargain price.
Excessive Spending Destroys!
Feds Have a Spending Problem — DO NOT RAISE THE CEILING!
Feds Have a Sewage Problem!
Becky Gerritson: "...government is out of control!" and "...our representative government has failed us."
A federal judge on Thursday ordered the IRS to detail under oath how some of former agency official Lois Lerner’s emails went missing, as well as any potential methods for recovering them.
Judge Emmet Sullivan of the U.S. District Court in Washington gave the Internal Revenue Service exactly a month — until Aug. 10 — to file a report, which he demanded as part of a lawsuit from a conservative watchdog, Judicial Watch, against the agency.
Judicial Watch is seeking a wide range of documents from the IRS, including Lerner’s emails, as part of a Freedom of Information Act request. It has complained that the IRS didn’t tell it that the agency couldn’t recover all of Lerner’s emails from 2009 to 2011.
Sullivan cast his ruling as a compromise, and a potential way for Judicial Watch to get answers without the court wading any deeper into the matter. Judicial Watch had asked the court to potentially compel IRS officials to testify about the lost emails, through a process called limited discovery.
The FairTax is a consumption tax unilaterally applied to all Americans at the same rate. For businesses, payroll taxes would no longer exist. Our exports would include a heavy tax for overseas buyers purchasing our products, while our imports would be cheaper for us to purchase. I'm not sure how this would affect GDP, as more information is necessary.
According to the FairTax website, "Under the FairTax, every person living in the United States pays a sales tax on purchases of new goods and services, excluding necessities due to the prebate." The prebate gives every legal resident household an "advance refund" at the beginning of each month so that purchases made up to the poverty level are tax-free.
So a family of four making something like $50,000/year should not have to pay taxes, thus preventing an unfair burden on low-income families. Since the FairTax eliminates both federal and payroll taxes, you get to keep your gross pay amount of each paycheck earned.
John Adams said, “Without [term limits] every man in power becomes a ravenous beast of prey”. That being said, here are some of the reasons we believe our country needs Term Limits.
Term Limits can help break the cycle of corruption in Congress. Case studies show that the longer an individual stays in office, the more likely they are to stop serving the public and begin serving their own interests.
Term Limits will encourage regular citizens to run for office. Presently, there is a 94% re-election rate in the House and 83% in the Senate. Because of name recognition, and usually the advantage of money, it can be easy to stay in office. Without legitimate competition, what is the incentive for a member of Congress to serve the public? Furthermore, it is almost a lost cause for the average citizen to try to campaign against current members of Congress.
Term Limits will break the power special interest groups have in Congress.
Term Limits will force politicians to think about the impact of their legislation because they will be returning to their communities shortly to live under the laws they enacted.
Term Limits will bring diversity of people and fresh ideas to Congress.
[Editor's Note: If you want to get rich, i.e. advance from a low paying government bureaucrat job on the local or state level, THEN GET ELECTED TO THE US CONGRESS (House or Senate). Once you're elected, it's easy to steal from your campaign contributions or the Congressional budget allocated to your seat and staff. You can go on a government-funded junket with 'lavishly' paid expenses. The list of ways to steal from the government while in office is inexhaustible. There are only a few Congressmen who left Congress just wealthy instead of a multi-millionaire. Of course, there are several who arrived in Congress as multi-millionaires and don't need to steal from the government.]
