Thursday, November 27, 2008

Do you really want to read this?

By reading this, your world may change irrevocably. By sitting down, researching, and attempting to understand the views herein posted, your nation may cease to be quite what you think it is, and become something that you would not recognize. If you are not prepared for what is herein written, not prepared to see your world, your hopes crumble... leave now. This is not a place for you. You are welcome to question, welcome to research, welcome to delve into the archives, but you must enter with both an open mind, and are likely to leave with a heart filled with anger.

I am writing about a problem that came to my attention some time ago, a problem of massive proportions, one of incredible scope. The problem is a simple one, on the face of it, but far more complex in practice. This is a problem of monies and economies. Our nation claims that the free market system has failed.. and much as I hate to say this, it has. To help you understand this, I need to delve back into the past, into a time that seems far simpler.

Money, once, was recognizable symbols of wealth, from the cow to the stone ring, to the gold and precious stones. Money was tangible, capable of being held in the hands, used to turn into jewelry, in the case of barter, eaten, or used for other things. We came forward with gold and silver as a recognizable currency, items of value torn from the earth and value-enforced by their scarcity.

There was a rate of trade, determined by supply and demand, for the value of these things in comparison to the value of goods and each other. Gold and silver, for their scarcity and purity, were valued at specific rates. Eventually, money-changers came on the scene in order to convert one money into another. For a very long time, it was unlawful for one group to charge another for changing their money, so often the coins would be shaved, the weights altered. This led to myriad schemes for detection of such chicanery, for instance, the raised rings around coins, the serrated edges, and faces placed upon the ingots.

Now we move forward... to the creation of banks. Banks were instituted to store, and hold money, in means 'safer' than hiding it in one's own home. Part of this was to prevent the theft of the money, and the threat to the home by burglars and highwaymen. Eventually, bankers discovered a great deal of the bulk of that gold never left their vaults, small amounts would shift, but rarely was there a shift of the bulk of the money. They started giving out paper certificates in place of the money, guaranteeing the money to be delivered to other banks, or private individuals. After a time, the slips were doubled in number, then increased tenfold. At a 10:1 ratio of paper money to gold reserves, the runs on the banks were inevitable. The 'real money' to balance the debt (a bill of credit from the bank) did not exist. These events were just before the creation of our Constitution, a financial collapse created by the banks' failed policies, which then lead to the backers of those banks seizing assets from those who were granted 'loans' from those banks.

In order to combat this, the states were prohibited from issuing paper money, or making anything but gold and silver legal tender. The congress was established with the power to set the weights and measures of gold coin, silver coin, and the people were allowed to determine what that tender was worth.

These were tangible assets, with a tangible exchange rate, and the value was determined by both buyer and seller. If the buyer felt that he could get a better deal elsewhere, he went elsewhere to get it. If a seller felt that the buyer was offering too little, he did not have to sell.

Another financial panic, nearly two centuries later, ended this system. Paper monies (bills of credit) were again being issued by the Bank of England, and a crash in this system created a financial panic, a fairly minor one, by the measure of what was to come. The federal reserve was instituted during this panic, in 1913, by congressmen desperate to save jobs, and thereby lives, and their country.

Paper money was legal, and a corporation was instituted to oversee it. This corporation is, and was, the federal reserve. The central 'federal reserve' is a government institution. The subsidiaries are not. There are twelve member banks, which control the Federal Reserve, which are private. These federal reserve banks help appoint the board of the federal reserve itself. They are under the control of the regulatory body which they appoint... to regulate them.

A system more designed for corruption is difficult to imagine, but let us explore it further. These member banks required outside loans in order to be instituted, and monies to drive the system. The federal reserve printed paper money, with specific backing in gold and silver. The right to turn in these bills of credit for the gold or silver was not denied. This kept the paper bills, in theory, in line with the amounts of monetization behind it. Meanwhile, speculative investment in stocks and bonds was being emplaced, and the government was encouraged to borrow monies, invested in that Federal Reserve, backed by the loans of the federal reserve. Those loans were placed by selling 'stock' at a later 'repurchase price' at a specific date, thereby 'ensuring' that the federal reserve had, at least in paper, a massive flow of funds.

Meanwhile, the world was changing, by accident, or by design. The increases in loans, in credit, resulted in boom times. A low interest rate was instituted, and political pressure was brought to bear upon the Congress, to create taxable income to help support the reserve, and their own projects. The sales of further bonds to outside entities was encouraged. Sales of monetizing loans to external nations, including the Middle East, were done via the Federal Reserve's banking system.

Eventually, the Great Depression hit, with a boost in the remonetization rate (an interest rate hike) the boom times came to an end. The cheap, and easy credit backing the boom died right alongside a massive drought that swept the bread basket states, (the dust bowl) , resulting in the asset foreclosure of a lot of homes, properties, and materials by the lending banks. This was further compounded with the amount of assets invested in that stock market that were backed by loans, by the encouragement of the banks themselves. "Have a dollar? invest in the stock market. Don't have a dollar? Call the bank and borrow one! Don't have a dime to call the bank, borrow one, the stock market is going up and up!"

The boom times fell into ash alongside the hopes and dreams of millions. It was in this financial climate that FDR instituted a new policy in the Federal Reserve, in order to remonetize the financial system to return the money to solvency. The War Powers act of 1917 gave him authorization, as the Farm Bill of 1933 declared a state of emergency.

Under Executive order 6012 declared that all gold, gold bullion, gold coins, and gold jewelry, was to be delivered within three days to the Federal Reserve, to be exchanged for legal tender, the bills of credit, or the Dollar Bill.

This state of emergency has never ended. Tracking the information of our economy, in each boom time, the interest rates were lowered, then raised, causing a recession or depression. In each case, the banks became more powerful.

It is in the interest of a bank to create a recession or depression for the following reasons:

1: The Federal Reserve is the monetizing source for the entire country. It cannot be allowed to fail, or the government itself falls.

2: The Federal reserve member banks end up with guaranteed asset forfeiture on properties with outstanding loans, due to lack of capability of payment, for the 'cost' of the bills of credit.

3: The seizure and subsequent resale of these seized assets drive further monetization of the Federal Reserve system.

4: They can blame it on failed policies of other individuals, even though the Federal Reserve system has control over other banks, and FDIC insured lendors. This perpetuates the process.

5: It can be used to implement sweeping financial changes to their advantage, by the simple claim that something was overlooked by their predecessors. The claim can be made that the changes are needed as an emergency measure, and will be only temporary.. and are later enshrined into tradition.

How many people today realize that the federal land was limited to a maximum of ten square miles under the Constitution? How much 'federal' land is there today? The Federal Government had the power to use tracts of land for military installations and bases, but there was to be only ten square miles of 'federal' land for the creation of a neutral federal capital.

This was Washington DC.

My question: Is it in the interests of the people, and the states, of the United States, to have a federal reserve system monetizing in the same method that has instituted myriad crashes, economic destruction, and ruin for millions over the centuries... and to have no oversight by the people themselves?

Is it just, or good, that the people, and the states, cannot look into the finances and systems which make our country run?

Is it just, or good, that the assets of the people can be seized, without due process of law, on suspicion by the Federal Reserve collections agency (the IRS) with no recourse to the court, no rule of law, no defenses, and are guilty until proven innocent?

And can we really blame the politicians for following the advice of the bankers, or simply blame them for being utterly ignorant about basic economic principles, and being too arrogant to ask?

As you look into your dwindling retirement, your bank account, your savings, your bonds, can you really say that anything you have has been yours? You're part of the company now, an employee, paid in company scrip. That scrip is exchangeable for food, for clothing, for rent... but is any of it yours? You live in the company compound, my friends, and that company has nothing for you but contempt.

Look at the statement of Woodrow Wilson, the signer of the Federal Reserve act...

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

The statement of the Senator Lindberg, father of the aviator who was the first to cross the Atlantic solo in a single flight:

"This Act establishes the most gigantic trust on Earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized, the people may not know it immediately but the day of reckoning is only a few years removed.... The worst legislative crime of the ages is perpetrated by this banking bill."

"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market; then when ... business men are adjusted to these conditions, it can check ... prosperity in mid career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance."

"The financial system has been turned over to the Federal Reserve Board. That board administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money."

These were the men who discussed the act, who supported it and later opposed it.

Are we really in control of our nation, or is the money that supports the government.. in control, and taking advantage of the situation? Are we still citizens of our state, or employees, unpaid employees, of the Federal reserve, living on company land, in debt slavery?

Are we really so different from the company stores, promising we can pay our way out, make a living, and then finding out that the money we were paid is worthless everyone else? Is the company scrip of actual value?

Or are we declaring ourselves to be slaves to our economic masters, even as we complain about the fact that they are our masters, bowing down to them?

1 comment:

Avendora said...

Men fear what they don't understand. The way our Government has set up the lending institutions, and the way those lending institutions have reeked havoc on our Country would frighten and confuse the average Joe off of the streets.

So, in fearing the understanding of the true corruption our Government has sank into, the average Joe will bury their head in the sand. Much like the average offender will bury their head in the sand to not come to a realization of how screwed they are by the simple fact that they took that plea bargain...

It sadens me to see people give up their true freedom to gain the supposed security the Government offers. This of course will simply enable our Government to continue and grow the corruption.

May the freedoms offered by the Constitution of the United States of America rest in peace.